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Premises and Equipment

12 Months Ended

Jun. 30, 2014

Note 5. Premises and Equipment

A summary of premises and equipment at June 30, 2014 and 2013, is as follows:

(In thousands)	2014			2013
Land	$	2,883		$	2,883
Building and improvements		15,411			14,888
Furniture and equipment		3,572			6,741
Less: accumulated depreciation		(7,559	)		(10,163	)
Total premises and equipment	$	14,307		$	14,349

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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