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Fair Value (Tables)
6 Months Ended
Dec. 31, 2014
Fair Value Disclosures [Abstract]  
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:
 
 
 
 
Fair Value Measurements at
 
 
 
 
 
December 31, 2014 Using
 
 
 
Balance at
 
 
 
 
 
 
 
 
 
December 31,
 
 
 
 
 
 
 
 
 
2014
 
Level 1
 
Level 2
 
Level 3
 
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Obligations of U.S. government-sponsored entities and agencies
 
$
17,512
 
$
 
$
17,512
 
$
 
Obligations of states and political subdivisions
 
 
45,890
 
 
 
 
45,890
 
 
 
Mortgage-backed securities – residential
 
 
63,962
 
 
 
 
63,962
 
 
 
Collateralized mortgage obligations
 
 
4,462
 
 
 
 
4,462
 
 
 
Trust preferred security
 
 
516
 
 
 
 
516
 
 
 
 
 
 
 
 
Fair Value Measurements at
 
 
 
 
 
June 30, 2014 Using
 
 
 
Balance at
 
 
 
 
 
 
 
 
 
June 30, 2014
 
Level 1
 
Level 2
 
Level 3
 
Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Obligations of U.S. government-sponsored entities and agencies
 
$
18,436
 
$
 
$
18,436
 
$
 
Obligations of states and political subdivisions
 
 
45,512
 
 
 
 
45,512
 
 
 
Mortgage-backed securities - residential
 
 
58,104
 
 
 
 
58,104
 
 
 
Collateralized mortgage obligations
 
 
3,929
 
 
 
 
3,929
 
 
 
Trust preferred security
 
 
412
 
 
 
 
412
 
 
 
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:
 
 
 
 
 
Fair Value Measurements at
 
 
 
 
 
December 31, 2014 Using
 
 
 
Balance at
 
 
 
 
 
 
 
 
 
December 31,
 
 
 
 
 
 
 
 
 
2014
 
Level 1
 
Level 2
 
Level 3
 
Impaired loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial Real Estate - Other
 
$
101
 
$
 
$
 
$
101
 
 
 
 
 
 
Fair Value Measurements at
 
 
 
 
 
June 30, 2014 Using
 
 
 
Balance at
 
 
 
 
 
 
 
 
 
June 30, 2014
 
Level 1
 
Level 2
 
Level 3
 
Impaired loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial Real Estate - Other
 
$
101
 
$
 
$
 
$
101
 
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, 2014 and June 30, 2014:
 
 
 
Fair
 
Valuation
 
Unobservable
 
 
 
 
Weighted
 
 
 
Value
 
Technique
 
Inputs
 
Range
 
 
Average
 
Impaired loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Commercial Real Estate - Other
 
$
101
 
Sales comparison approach
 
Adjustment for differences between comparable sales
 
-14.00% to 31.90
%
 
 
22.52
%
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, 2014
 
June 30, 2014
 
 
 
 
 
Estimated
 
 
 
Estimated
 
 
 
Carrying
 
Fair
 
Carrying
 
Fair
 
 
 
Amount
 
Value
 
Amount
 
Value
 
Financial Assets:
 
 
 
 
 
 
 
 
 
 
 
 
 
Level 1 inputs:
 
 
 
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$
12,030
 
$
12,030
 
$
11,125
 
$
11,125
 
Level 2 inputs:
 
 
 
 
 
 
 
 
 
 
 
 
 
Certificates of deposits in other financial institutions
 
 
5,456
 
 
5,456
 
 
2,703
 
 
2,703
 
Loans held for sale
 
 
625
 
 
635
 
 
559
 
 
570
 
Accrued interest receivable
 
 
1,059
 
 
1,059
 
 
1,048
 
 
1,048
 
Level 3 inputs:
 
 
 
 
 
 
 
 
 
 
 
 
 
Securities held-to-maturity
 
 
3,690
 
 
3,726
 
 
3,000
 
 
3,040
 
Loans, net
 
 
225,622
 
 
226,567
 
 
222,561
 
 
223,128
 
Financial Liabilities:
 
 
 
 
 
 
 
 
 
 
 
 
 
Level 2 inputs:
 
 
 
 
 
 
 
 
 
 
 
 
 
Demand and savings deposits
 
 
256,705
 
 
256,705
 
 
243,222
 
 
243,222
 
Time deposits
 
 
67,933
 
 
68,050
 
 
70,675
 
 
70,583
 
Short-term borrowings
 
 
16,435
 
 
16,435
 
 
19,489
 
 
19,489
 
Federal Home Loan Bank advances
 
 
12,768
 
 
13,022
 
 
6,296
 
 
6,655
 
Accrued interest payable
 
 
46
 
 
46
 
 
44
 
 
44