- Definition

The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement.

+ References+ Details

Borrowings - Narrative (Details) (USD $)						12 Months Ended
Borrowings - Narrative (Details) (USD $)	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014 Federal Home Loan Bank of New York [Member]	Jun. 30, 2014 Atlantic Central Bankers' Bank [Member]	Jun. 30, 2014 Other Financial Institution [Member]	Jun. 30, 2014 Fixed Rate Term Borrowing [Member] Federal Home Loan Bank of New York [Member]	Jun. 30, 2014 Maturity Overnight [Member] Federal Home Loan Bank of New York [Member]	Jun. 30, 2014 Maturity Overnight [Member] Federal Reserve Bank [Member]	Jun. 30, 2014 Standby Letters of Credit [Member] Federal Home Loan Bank of New York [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Loans pledged as collateral			$ 206,100,000
Maximum amount of funding available			165,900,000	6,000,000	5,000,000
Amount outstanding			17,650,000			14,500,000	3,150,000		200,000
Weighted average interest rate (in hundredths)						1.45%
Remaining term						48 months
Available-for-sale securities pledged as collateral	$ 5,200,000	$ 5,200,000						$ 5,200,000