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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Cash flows from operating activities:    
Net Income $ 6,528 $ 6,371
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 617 737
Deferred income tax expense 18 324
Net amortization of premiums and discounts 1,815 1,569
Net amortization of deferred loan costs and fees 340 282
Provision for loan losses 1,500 1,746
Net gain on sale of available-for-sale securities 0 (10)
Loss (gain) on sale of foreclosed real estate 57 (7)
Excess tax benefit from share-based payment arrangements (27) 0
Net decrease in accrued income taxes (682) (1,306)
Net (increase) decrease in accrued interest receivable (47) 25
Net (increase) decrease in prepaids and other assets (88) 1,096
Net increase (decrease) in other liabilities 1,354 (492)
Net cash provided by operating activities 11,385 10,335
Securities available for sale:    
Proceeds from maturities 2,515 8,740
Proceeds from sale of securities 0 10
Purchases of securities (7,341) (10,387)
Principal payments on securities 5,862 17,415
Securities held to maturity:    
Proceeds from maturities 29,069 23,755
Purchases of securities (31,610) (73,902)
Principal payments on securities 7,363 19,229
Net (purchase) redemption of Federal Home Loan Bank Stock (173) 356
Purchase of long term certificate of deposit 0 (250)
Net increase in loans receivable (42,388) (35,178)
Proceeds from sale of foreclosed real estate 431 446
Purchases of premises and equipment (575) (187)
Net cash used by investing activities (36,847) (49,953)
Cash flows from financing activities    
Net decrease in short-term FHLB advances (7,450) (3,400)
Proceeds from long-term FHLB advances 10,500 4,000
Repayment of long-term FHLB advances 0 (7,000)
Payment of cash dividends (1,335) (2,128)
Proceeds from issuance of stock options 172 124
Excess tax benefit from share-based payment arrangements 27 0
Net increase in deposits 31,135 46,502
Net cash provided by financing activities 33,049 38,098
Net increase (decrease) in cash and cash equivalents 7,587 (1,520)
Cash and cash equivalents at beginning of period 6,222 7,742
Cash and cash equivalents at end of period 13,809 6,222
Non-cash investing activities:    
Foreclosed loans transferred to foreclosed real estate 665 475
Securities transferred from available for sale to held to maturity 11,735 0
Cash paid during the period:    
Interest 2,376 2,845
Income taxes $ 3,201 $ 3,654