Premises and Equipment Premises and Equipment

12 Months Ended

Jun. 30, 2013

Property, Plant and Equipment [Abstract]

Premises and equipment at June 30, 2013 and 2012 consisted of the following:



(In Thousands)	June 30,
	2013			2012
Land	$	2,853		$	2,853
Buildings	8,135			7,922
Leasehold improvements	2,917			2,814
Furniture and equipment	5,542			4,960
Automobiles	140			123
	19,587			18,672
Less accumulated depreciation and amortization	(12,896		)	(12,072		)
Total premises and equipment, net	$	6,691		$	6,600

Depreciation and amortization expense for the years ended June 30, 2013, 2012 and 2011 amounted to $1.0 million, $800,000 and $806,000, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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