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SECURITIES (Tables)
12 Months Ended
Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]  
Trading Securities (and Certain Trading Assets) [Table Text Block]
The following table summarizes the amortized cost and fair value of securities available-for-sale and securities held-to-maturity at June 30, 2015 and 2014 and the corresponding amounts of gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) and gross unrecognized gains and losses:
 
 
 
 
 
Gross
 
Gross
 
 
 
 
 
Amortized
 
Unrealized
 
Unrealized
 
Fair
 
Available-for-sale
 
Cost
 
Gains
 
Losses
 
Value
 
June 30, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
Obligations of U.S. government-sponsored entities and agencies
 
$
16,411
 
$
178
 
$
(31)
 
$
16,558
 
Obligations of state and political subdivisions
 
 
48,557
 
 
811
 
 
(405)
 
 
48,963
 
Mortgage-backed securities - residential
 
 
64,441
 
 
699
 
 
(226)
 
 
64,914
 
Mortgage-backed securities - commercial
 
 
1,485
 
 
1
 
 
 
 
1,486
 
Collateralized mortgage obligations - residential
 
 
4,703
 
 
14
 
 
(34)
 
 
4,683
 
Trust preferred security
 
 
184
 
 
356
 
 
 
 
540
 
Total available-for-sale securities
 
$
135,781
 
$
2,059
 
$
(696)
 
$
137,144
 
 
 
 
 
 
Gross
 
Gross
 
 
 
 
 
Amortized
 
Unrecognized
 
Unrecognized
 
Fair
 
Held-to-maturity
 
Cost
 
Gains
 
Losses
 
Value
 
June 30, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
Obligations of state and political subdivisions
 
$
3,655
 
$
67
 
$
 
$
3,722
 
Total held-to-maturity securities
 
$
3,655
 
$
67
 
$
 
$
3,722
 
 
 
 
 
 
Gross
 
Gross
 
 
 
 
 
Amortized
 
Unrealized
 
Unrealized
 
Fair
 
Available-for-sale
 
Cost
 
Gains
 
Losses
 
Value
 
June 30, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
Obligations of U.S. government sponsored entities and agencies
 
$
18,345
 
$
126
 
$
(35)
 
$
18,436
 
Obligations of state and political subdivisions
 
 
44,645
 
 
1,124
 
 
(257)
 
 
45,512
 
Mortgage-backed securities - residential
 
 
57,370
 
 
965
 
 
(231)
 
 
58,104
 
Collateralized mortgage obligations - residential
 
 
3,887
 
 
42
 
 
 
 
3,929
 
Trust preferred security
 
 
202
 
 
210
 
 
 
 
412
 
Total available-for-sale securities
 
$
124,449
 
$
2,467
 
$
(523)
 
$
126,393
 
 
 
 
 
 
Gross
 
Gross
 
 
 
 
 
Amortized
 
Unrecognized
 
Unrecognized
 
Fair
 
Held-to-maturity
 
Cost
 
Gains
 
Losses
 
Value
 
June 30, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
Obligations of state and political subdivisions
 
$
3,000
 
$
40
 
$
 
$
3,040
 
Total held-to-maturity securities
 
$
3,000
 
$
40
 
$
 
$
3,040
 
Schedule of Realized Gain (Loss) [Table Text Block]
Proceeds from sales and calls of available-for-sale securities during 2015 and 2014 were as follows:
 
 
 
2015
 
2014
 
Proceeds from sales
 
$
16,124
 
$
4,648
 
Gross realized gains
 
 
283
 
 
50
 
Gross realized losses
 
 
123
 
 
1
 
Available-for-sale Securities [Table Text Block]
The amortized cost and fair values of debt securities at June 30, 2015 by contractual maturity are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date, primarily mortgage-backed securities, collateralized mortgage obligations and the trust preferred security are shown separately.
 
Available-for-sale
 
Amortized
Cost
 
Fair Value
 
Due in one year or less
 
$
3,644
 
$
3,645
 
Due after one year through five years
 
 
13,394
 
 
13,643
 
Due after five years through ten years
 
 
29,385
 
 
29,661
 
Due after ten years
 
 
18,545
 
 
18,572
 
Total
 
 
64,968
 
 
65,521
 
Mortgage-backed securities – residential
 
 
64,441
 
 
64,914
 
Mortgage-backed securities – commercial
 
 
1,485
 
 
1,486
 
Collateralized mortgage obligations - residential
 
 
4,703
 
 
4,683
 
Trust preferred security
 
 
184
 
 
540
 
Total
 
$
135,781
 
$
137,144
 
 
Held-to-maturity
 
Amortized
Cost
 
Fair Value
 
Due after five years through ten years
 
$
745
 
$
771
 
Due after ten years
 
$
2,910
 
$
2,951
 
Total
 
$
3,655
 
$
3,722
 
Available For Sale Securities Continuous Unrealized Loss Position Fair Value [Table Text Block]
The following table summarizes the securities with unrealized and unrecognized losses at June 30, 2015 and 2014, aggregated by investment category and length of time the individual securities have been in a continuous unrealized or unrecognized loss position:
 
 
 
Less than 12 Months
 
12 Months or more
 
Total
 
Available-for-sale
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
June 30, 2015
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Obligations of U.S. government-sponsored entities and agencies
 
$
3,719
 
$
(31)
 
$
 
$
 
$
3,719
 
$
(31)
 
Obligations of states and political subdivisions
 
 
18,796
 
 
(352)
 
 
2,145
 
 
(53)
 
 
20,941
 
 
(405)
 
Mortgage-backed securities - residential
 
 
24,322
 
 
(200)
 
 
2,031
 
 
(26)
 
 
26,353
 
 
(226)
 
Collateralized mortgage obligations - residential
 
 
3,321
 
 
(34)
 
 
 
 
 
 
3,321
 
 
(34)
 
Total available-for-sale
 
$
50,158
 
$
(617)
 
$
4,176
 
$
(79)
 
$
54,334
 
$
(696)
 
 
 
 
Less than 12 Months
 
12 Months or more
 
Total
 
Available-for-sale
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
June 30, 2014
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Obligations of U.S. government-sponsored entities and agencies
 
$
1,492
 
$
(7)
 
$
5,411
 
$
(28)
 
$
6,903
 
$
(35)
 
Obligations of states and political subdivisions
 
 
9,929
 
 
(223)
 
 
3,719
 
 
(34)
 
 
13,648
 
 
(257)
 
Mortgage-backed securities - residential
 
 
10,403
 
 
(210)
 
 
2,342
 
 
(21)
 
 
12,745
 
 
(231)
 
Total available-for-sale
 
$
21,824
 
$
(440)
 
$
11,472
 
$
(83)
 
$
33,296
 
$
(523)