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SHORT-TERM BORROWINGS (Tables)
12 Months Ended
Jun. 30, 2014
Debt Disclosure [Abstract]  
Schedule of Short-term Debt [Table Text Block]
Short-term borrowings consisted of repurchase agreements and Federal fund purchased. Repurchase agreements are financing arrangements. Physical control is maintained for all securities pledged to secure repurchase agreements. Information concerning all short-term borrowings at June 30, maturing in less than one year is summarized as follows:
 
 
 
2014
 
 
2013
 
Balance at June 30
 
$
19,489
 
 
$
12,490
 
Average balance during the year
 
 
15,888
 
 
 
13,457
 
Maximum month-end balance
 
 
20,299
 
 
 
15,005
 
Average interest rate during the year
 
 
0.16
%
 
 
0.16
%
Weighted average rate, June 30
 
 
0.16
%
 
 
0.17
%