Securities (Tables)

9 Months Ended

Mar. 31, 2013

Securities [Abstract]

Unrealized Gain (Loss) on Investments [Table Text Block]

Securities at March 31, 2013 consisted of the following:

(In thousands)	Amortized Cost	Gross Unrealized Gains	Gross Unrealized Losses	Estimated Fair Value
Securities available for sale:
U.S. government sponsored enterprises	$                14,750	$                     582	$                          -	$                15,332
State and political subdivisions	2,429	42	-	2,471
Mortgage-backed securities-residential	8,618	320	-	8,938
Mortgage-backed securities-multi-family	44,580	639	277	44,942
Asset-backed securities	17	-	1	16
Corporate debt securities	4,541	455	1	4,995
Total debt securities	74,935	2,038	279	76,694
Equity and other securities	67	79	-	146
Total securities available for sale	75,002	2,117	279	76,840
Securities held to maturity:
U.S. treasury securities	7,006	29	-	7,035
U.S. government sponsored enterprises	2,999	21	16	3,004
State and political subdivisions	63,516	641	64	64,093
Mortgage-backed securities-residential	32,371	1,969	13	34,327
Mortgage-backed securities-multi-family	55,381	1,362	353	56,390
Other securities	934	2	1	935
Total securities held to maturity	162,207	4,024	447	165,784
Total securities	$              237,209	$                  6,141	$                     726	$              242,624

Securities at June 30, 2012 consisted of the following:

		Gross	Gross	Estimated
	Amortized	Unrealized	Unrealized	Fair
(In thousands)	Cost	Gains	Losses	Value
Securities available for sale:
U.S. government sponsored enterprises	$                16,816	$                     582	$                          -	$                17,398
State and political subdivisions	4,783	116	-	4,899
Mortgage-backed securities-residential	18,625	482	1	19,106
Mortgage-backed securities-multi-family	40,077	604	18	40,663
Asset-backed securities	20	-	1	19
Corporate debt securities	5,053	263	-	5,316
Total debt securities	85,374	2,047	20	87,401
Equity and other securities	67	60	-	127
Total securities available for sale	85,441	2,107	20	87,528
Securities held to maturity:
U.S. treasury securities	11,029	61	-	11,090
U.S. government sponsored enterprises	998	31	-	1,029
State and political subdivisions	62,212	556	99	62,669
Mortgage-backed securities-residential	48,101	2,282	4	50,379
Mortgage-backed securities-multi-family	23,673	952	6	24,619
Other securities	376	-	-	376
Total securities held to maturity	146,389	3,882	109	150,162
Total securities	$              231,830	$                  5,989	$                     129	$              237,690

Continuous Unrealized Loss Position, Fair Value [Table Text Block]

The following table shows fair value and gross unrealized losses, aggregated by security category and length of time that individual securities have been in a continuous unrealized loss position, at March 31, 2013. 

	Less Than 12 Months		More Than 12 Months		Total
(In thousands)	Fair Value	Unrealized Losses	Fair Value	Unrealized Losses	Fair Value	Unrealized Losses
Securities available for sale:
Mortgage-backed securities-multi-family	$         8,468	$            277	$                -	$                -	$         8,468	$            277
Asset-backed securities	-	-	16	1	16	1
Corporate debt securities	501	1	-	-	501	1
Total securities available for sale	8,969	278	16	1	8,985	279
Securities held to maturity:
U.S. government sponsored enterprises	1,984	16	-	-	1,984	16
State and political subdivisions	7,097	63	682	1	7,779	64
Mortgage-backed securities-residential	1,584	13	-	-	1,584	13
Mortgage-backed securities-multi-family	33,230	353	-	-	33,230	353
Other securities	241	1	-	-	241	1
Total securities held to maturity	44,136	446	682	1	44,818	447
Total securities	$       53,105	$            724	$            698	$                2	$       53,803	$            726

The following table shows fair value and gross unrealized losses, aggregated by security category and length of time that individual securities have been in a continuous unrealized loss position, at June 30, 2012.

	Less Than 12 Months		More Than 12 Months		Total
	Fair	Unrealized	Fair	Unrealized	Fair	Unrealized
(In thousands)	Value	Losses	Value	Losses	Value	Losses
Securities available for sale:
Mortgage-backed securities-residential	$            340	$                1	$                -	$                -	$            340	$                1
Mortgage-backed securities-multi-family	8,837	18	-	-	8,837	18
Asset-backed securities	-	-	19	1	19	1
Total securities available for sale	9,177	19	19	1	9,196	20
Securities held to maturity:
State and political subdivisions	10,696	99	-	-	10,696	99
Mortgage-backed securities-residential	527	4	-	-	527	4
Mortgage-backed securities-multi-family	4,189	6	-	-	4,189	6
Total securities held to maturity	15,412	109	-	-	15,412	109
Total securities	$       24,589	$            128	$              19	$                1	$       24,608	$            129

Investments Classified by Contractual Maturity Date [Table Text Block]

Available for sale debt securities	Amortized Cost	Fair Value
Within one year	$                  3,905	$                  3,919
After one year through five years	13,164	13,820
After five years through ten years	4,651	5,059
After ten years	-	-
Total available for sale debt securities	21,720	22,798
Mortgage-backed and asset-backed securities	53,215	53,896
Equity securities	67	146
Total available for sale securities	75,002	76,840
Held to maturity debt securities
Within one year	15,645	15,680
After one year through five years	23,282	23,478
After five years through ten years	25,377	25,730
After ten years	10,151	10,179
Total held to maturity debt securities	74,455	75,067
Mortgage-backed	87,752	90,717
Total held to maturity securities	162,207	165,784
Total securities	$              237,209	$              242,624