Investment Securities (Tables)

12 Months Ended

Jun. 30, 2013

Investments, Debt and Equity Securities [Abstract]

Schedule of Available-for-sale Securities Reconciliation

The amortized cost and estimated fair value of investment securities as of June 30, 2013 and 2012 were as follows:



June 30, 2013	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Estimated Fair Value		Carrying Value
(In Thousands)
Available for sale
U.S. government agency MBS	$	10,361	$	455	$	—		$	10,816	$	10,816
U.S. government sponsored enterprise MBS	7,255		420		—			7,675		7,675
Private issue CMO ⁽¹⁾	1,036		1		(18		)	1,019		1,019
Total investment securities	$	18,652	$	876	$	(18	)	$	19,510	$	19,510


⁽¹⁾	Collateralized Mortgage Obligations (“CMO”).



June 30, 2012	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Estimated Fair Value		Carrying Value
(In Thousands)
Available for sale
U.S. government agency MBS	$	11,854	$	460	$	—		$	12,314	$	12,314
U.S. government sponsored enterprise MBS	8,850		492		—			9,342		9,342
Private issue CMO	1,243		4		(5		)	1,242		1,242
Total investment securities	$	21,947	$	956	$	(5	)	$	22,898	$	22,898

Schedule of Investments with Unrealized Loss Position

As of June 30, 2013 and 2012, the Corporation held investments with an unrealized loss position totaling $18,000 and $5,000, respectively, consisting of the following:



As of June 30, 2013	Unrealized Holding Losses				Unrealized Holding Losses				Unrealized Holding Losses
(In Thousands)	Less Than 12 Months				12 Months or More				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
Description of Securities	Value		Losses		Value		Losses		Value		Losses

Private issue CMO	$	848	$	18	$	—	$	—	$	848	$	18
Total	$	848	$	18	$	—	$	—	$	848	$	18



As of June 30, 2012	Unrealized Holding Losses				Unrealized Holding Losses				Unrealized Holding Losses
(In Thousands)	Less Than 12 Months				12 Months or More				Total
	Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
Description of Securities	Value		Losses		Value		Losses		Value		Losses

Private issue CMO	$	—	$	—	$	183	$	5	$	183	$	5
Total	$	—	$	—	$	183	$	5	$	183	$	5

Investments Classified by Contractual Maturity

Contractual maturities of investment securities as of June 30, 2013 and 2012 were as follows:



	June 30, 2013				June 30, 2012
(In Thousands)	Amortized Cost		Estimated Fair Value		Amortized Cost		Estimated Fair Value
Available for sale
Due in one year or less	$	—	$	—	$	—	$	—
Due after one through five years	—		—		—		—
Due after five through ten years	—		—		—		—
Due after ten years	18,652		19,510		21,947		22,898
Total investment securities	$	18,652	$	19,510	$	21,947	$	22,898