v3.26.1
Note 16 - Parent Company Financial Statements
12 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Condensed Financial Information of Parent Company Only Disclosure [Text Block]

NOTE 16PARENT COMPANY FINANCIAL STATEMENTS

 

The condensed financial information of Consumers Bancorp. Inc. (parent company only) follows:

 

 

 

June 30,
2026

   

June 30,
2025

 
Condensed Balance Sheets                

Assets:

               

Cash

  $ 161     $ 299  

Equity securities, at fair value

          392  

Other assets

    86       20  

Investment in subsidiary

    89,942       75,643  

Total assets

  $ 90,189     $ 76,354  

Liabilities and Shareholders’ Equity:

               

Short-term borrowings

  $ 225     $  

Other liabilities

    79       83  

Total liabilities

  $ 304     $ 83  

Shareholders’ equity

    89,885       76,271  

Total liabilities & shareholders’ equity

  $ 90,189     $ 76,354  

 

 

 

Year Ended
June 30, 2026

   

Year Ended
June 30, 2025

 
Condensed Statements of Income and Comprehensive Income                

Cash dividends from Bank subsidiary

  $ 1,800     $ 2,400  

Dividend income

    17       33  

Net change in market value of equity securities

    8       11  

Interest expense

    (12 )      

Other expenses

    (319 )     (364 )

Income before income taxes and equity in undistributed net income of subsidiary

    1,494       2,080  

Income tax benefit

    (66

)

    (71

)

Income before equity in undistributed net income of Bank subsidiary

    1,560       2,151  

Equity in undistributed net income of subsidiary

    9,604       6,516  

Net income

  $ 11,164     $ 8,667  

Comprehensive income

  $ 15,859     $ 14,445  

 

 

 

Year Ended
June 30, 2026

   

Year Ended
June 30, 2025

 
Condensed Statements of Cash Flows                

Cash flows from operating activities:

               

Net income

  $ 11,164     $ 8,667  

Equity in undistributed net income of Bank subsidiary

    (9,604

)

    (6,516

)

Net change in market value of equity securities

    (8 )     (11 )

Change in other assets and liabilities

    (70 )     (11 )

Net cash flows from operating activities

    1,482       2,129  

Cash flows from investing activities:

               

Redemption of equity securities

    400        

Cash flows from financing activities:

               

Dividends paid

    (2,644 )     (2,383 )

Issuance of stock-based incentive plan shares

    313       212  

Net change in short-term borrowings

    225        

Proceeds from dividend reinvestment and stock purchase plan

          147  

Issuance of treasury stock for stock awards

    86       165  

Net cash flows from financing activities

    (2,020 )     (1,859 )

Change in cash and cash equivalents

    (138 )     270  

Beginning cash and cash equivalents

    299       29  

Ending cash and cash equivalents

  $ 161     $ 299