Fair Value (Tables)

6 Months Ended

Dec. 31, 2013

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

Assets and liabilities measured at fair value on a recurring basis are summarized below, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value:

	Balance at		Fair Value Measurements at
	December 31,		December 31, 2013 Using
	2013		Level 1		Level 2		Level 3
Assets:
Obligations of U.S. government-sponsored entities and agencies	$	12,193	$	—	$	12,193	$	—
Obligations of states and political subdivisions		41,588		—		41,588		—
Mortgage-backed securities – residential		59,506		—		59,506		—
Collateralized mortgage obligations		2,977		—		2,977		—
Trust preferred security		270		—		—		270

			Fair Value Measurements at
	Balance at		June 30, 2013 Using
	June 30, 2013		Level 1		Level 2		Level 3
Assets:
Obligations of U.S. government-sponsored entities and agencies	$	4,658	$	—	$	4,658	$	—
Obligations of states and political subdivisions		39,812		—		39,812		—
Mortgage-backed securities - residential		46,889		—		46,889		—
Collateralized mortgage obligations		5,708		—		5,708		—
Trust preferred security		162		—		—		162

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

The following table presents a reconciliation of the trust preferred security measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the three and six months ended December 31, 2013 and 2012:

	Three Months Ended Dec. 31, 2013		Six Months Ended Dec. 31, 2013		Three Months Ended Dec. 31, 2012		Six Months Ended Dec. 31, 2012
Beginning balance	$	162	$	162	$	74	$	64
Change in fair value included in other comprehensive income		108		108		64		74
Ending balance, December 31	$	270	$	270	$	138	$	138

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]

Financial assets and financial liabilities measured at fair value on a non-recurring basis are summarized below:

	Balance at		Fair Value Measurements at
	December 31,		December 31, 2013 Using
	2013		Level 1		Level 2		Level 3
Impaired loans:
1-4 Family
Owner occupied	$	89	$	—	$	—	$	89
Non-owner occupied		444		—		—		444

			Fair Value Measurements at
	Balance at		June 30, 2013 Using
	June 30, 2013		Level 1		Level 2		Level 3
Impaired loans:
Commercial	$	43	$	—	$	—	$	43
1-4 Family
Owner occupied		101		—		—		101
Non-owner occupied		475		—		—		475

Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Table Text Block]

The following table presents quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at December 31, 2013:

Fair

Valuation

Weighted

Value

Technique

Unobservable Inputs

Range

Average

Impaired loans:

1-4 Family

Owner occupied

Sales comparison
approach

Adjustment for
differences between
comparable sales

-17.61%
to 23.60%

4.77%

Non-owner occupied

445

Income approach

Capitalization rate

9.58%

Schedule Of Carrying Values and Estimated Fair Values Of Debt Instruments [Table Text Block]

The following table shows the estimated fair values of financial instruments that are reported at amortized cost in the Corporation’s consolidated balance sheets, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value:

	December 31, 2013				June 30, 2013
			Estimated				Estimated
	Carrying		Fair		Carrying		Fair
	Amount		Value		Amount		Value
Financial Assets:
Level 1 inputs:
Cash and cash equivalents	$	9,107	$	9,107	$	9,356	$	9,356
Level 2 inputs:
Certificates of deposits in other financial institutions		1,728		1,728		4,175		4,175
Loans held for sale		—		—		93		97
Accrued interest receivable		1,032		1,032		1,044		1,044
Level 3 inputs:
Securities held-to-maturity		3,000		2,924		3,000		2,926
Loans, net		217,327		216,391		214,544		212,555

	December 31, 2013				June 30, 2013
			Estimated				Estimated
	Carrying		Fair		Carrying		Fair
	Amount		Value		Amount		Value
Financial Liabilities:
Level 2 inputs:
Demand and savings deposits		226,554		226,554		214,898		214,898
Time deposits		73,038		73,302		79,209		79,575
Short-term borrowings		15,457		15,457		12,490		12,490
Federal Home Loan Bank advances		8,830		9,307		6,366		7,049
Accrued interest payable		50		50		48		48

- Definition

Tabular disclosure of the fair value measurement of liabilities using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes attributable to the following: (1) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and gains or losses recognized in other comprehensive income (loss) and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (2) purchases, sales, issues, and settlements (each type disclosed separately); and (3) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs) by class of liability.

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