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Loans and Allowance for Loan Losses (Tables)
 3 Months Ended
Sep. 30, 2014
Loans and Allowance for Loan Losses [Abstract]  
Loan Balances by Internal Credit Quality Indicator
Loan balances by internal credit quality indicator as of September 30, 2014 are shown below.

(In thousands)
 
Performing
  
Watch
  
Special Mention
  
Substandard
  
Total
 
Residential mortgage
 
$
222,888
  
$
286
  
$
99
  
$
2,726
  
$
225,999
 
Nonresidential mortgage
  
114,843
   
-
   
1,770
   
2,867
   
119,480
 
Residential construction and land
  
2,922
   
-
   
-
   
-
   
2,922
 
Commercial construction
  
4,155
   
-
   
-
   
-
   
4,155
 
Multi-family
  
4,407
   
-
   
-
   
111
   
4,518
 
Home equity
  
20,564
   
222
   
-
   
317
   
21,103
 
Consumer installment
  
4,172
   
9
   
-
   
-
   
4,181
 
Commercial loans
  
29,795
   
147
   
353
   
890
   
31,185
 
Total gross loans
 
$
403,746
  
$
664
  
$
2,222
  
$
6,911
  
$
413,543
 

Loan balances by internal credit quality indicator as of June 30, 2014 are shown below.

(In thousands)
 
Performing
  
Watch
  
Special Mention
  
Substandard
  
Total
 
Residential mortgage
 
$
223,772
  
$
221
  
$
99
  
$
3,281
  
$
227,373
 
Nonresidential mortgage
  
109,281
   
-
   
1,789
   
2,996
   
114,066
 
Residential construction and land
  
3,005
   
-
   
-
   
-
   
3,005
 
Commercial construction
  
1,558
   
-
   
-
   
-
   
1,558
 
Multi-family
  
3,946
   
-
   
-
   
113
   
4,059
 
Home equity
  
20,239
   
-
   
-
   
339
   
20,578
 
Consumer installment
  
4,208
   
-
   
-
   
-
   
4,208
 
Commercial loans
  
29,686
   
-
   
385
   
923
   
30,994
 
Total gross loans
 
$
395,695
  
$
221
  
$
2,273
  
$
7,652
  
$
405,841
 
Delinquent and Nonaccrual Loans By Past Due Status
The following table sets forth information regarding delinquent and/or nonaccrual loans as of September 30, 2014:


(In thousands)
 
30-59 days past due
  
60-89 days past due
  
90 days or more past due
  
Total past due
  
Current
  
Total Loans
  
Loans on Non-accrual
 
Residential mortgage
 
$
1,699
  
$
235
  
$
1,867
  
$
3,801
  
$
222,198
  
$
225,999
  
$
1,924
 
Nonresidential mortgage
  
-
   
430
   
1,787
   
2,217
   
117,263
   
119,480
   
3,144
 
Residential construction and land
  
-
   
-
   
-
   
-
   
2,922
   
2,922
   
-
 
Commercial construction
  
-
   
-
   
-
   
-
   
4,155
   
4,155
   
-
 
Multi-family
  
-
   
-
   
-
   
-
   
4,518
   
4,518
   
-
 
Home equity
  
104
   
222
   
317
   
643
   
20,460
   
21,103
   
317
 
Consumer installment
  
64
   
9
   
-
   
73
   
4,108
   
4,181
   
-
 
Commercial loans
  
789
   
147
   
175
   
1,111
   
30,074
   
31,185
   
426
 
Total gross loans
 
$
2,656
  
$
1,043
  
$
4,146
  
$
7,845
  
$
405,698
  
$
413,543
  
$
5,811
 

The following table sets forth information regarding delinquent and/or nonaccrual loans as of June 30, 2014:

(In thousands)
 
30-59 days past due
  
60-89 days past due
  
90 days or more past due
  
Total
past due
  
Current
  
Total
Loans
  
Loans on Non-accrual
 
Residential mortgage
 
$
1,047
  
$
290
  
$
1,938
  
$
3,275
  
$
224,098
  
$
227,373
  
$
2,473
 
Nonresidential mortgage
  
-
   
504
   
2,688
   
3,192
   
110,874
   
114,066
   
2,775
 
Residential construction and land
  
-
   
-
   
-
   
-
   
3,005
   
3,005
   
-
 
Commercial construction
  
-
   
-
   
-
   
-
   
1,558
   
1,558
   
-
 
Multi-family
  
-
   
-
   
-
   
-
   
4,059
   
4,059
   
-
 
Home equity
  
260
   
-
   
339
   
599
   
19,979
   
20,578
   
339
 
Consumer installment
  
51
   
-
   
-
   
51
   
4,157
   
4,208
   
-
 
Commercial loans
  
509
   
123
   
278
   
910
   
30,084
   
30,994
   
312
 
Total gross loans
 
$
1,867
  
$
917
  
$
5,243
  
$
8,027
  
$
397,814
  
$
405,841
  
$
5,899
 
Nonaccrual Loans, Interest Income Data
The table below details additional information related to nonaccrual loans for the three months ended September 30:

(In thousands)
 
2014
  
2013
 
Interest income that would have been recorded if loans had been performing in accordance with original terms
 
$
128
  
$
125
 
Interest income that was recorded on nonaccrual loans
  
46
   
29
 
Impaired Loans By Loan Portfolio Class
The tables below detail additional information on impaired loans at the date or periods indicated:

  
As of September 30, 2014
  
For the three months ended
September 30, 2014
 
(In thousands)
 
Recorded Investment
  
Unpaid Principal
  
Related Allowance
  
Average Recorded Investment
  
Interest Income Recognized
 
With no related allowance recorded:
       
Residential mortgage
 
$
206
  
$
206
  
$
-
  
$
206
  
$
3
 
Nonresidential mortgage
  
456
   
456
   
-
   
458
   
7
 
Home equity
  
96
   
96
   
-
   
96
   
-
 
   
758
   
758
   
-
   
760
   
10
 
With an allowance recorded:
                    
Residential mortgage
  
2,466
   
2,556
   
370
   
2,585
   
31
 
Nonresidential mortgage
  
2,448
   
2,835
   
315
   
2,522
   
42
 
Home equity
  
200
   
200
   
87
   
200
   
-
 
Commercial loans
  
600
   
600
   
3
   
601
   
10
 
   
5,714
   
6,191
   
775
   
5,908
   
83
 
Total impaired:
                    
Residential mortgage
  
2,672
   
2,762
   
370
   
2,791
   
34
 
Nonresidential mortgage
  
2,904
   
3,291
   
315
   
2,980
   
49
 
Home equity
  
296
   
296
   
87
   
296
   
-
 
Commercial loans
  
600
   
600
   
3
   
601
   
10
 
  
$
6,472
  
$
6,949
  
$
775
  
$
6,668
  
$
93
 

  
As of June 30, 2014
  
For the three months ended
September 30, 2013
 
(In thousands)
 
Recorded Investment
  
Unpaid Principal
  
Related Allowance
  
Average Recorded Investment
  
Interest Income Recognized
 
With no related allowance recorded:
       
Residential mortgage
 
$
206
  
$
206
  
$
-
  
$
590
  
$
-
 
Nonresidential mortgage
  
461
   
461
   
-
   
653
   
9
 
Home equity
  
96
   
96
   
-
   
-
   
-
 
   
763
   
763
   
-
   
1,243
   
9
 
With an allowance recorded:
                    
Residential mortgage
  
2,700
   
2,790
   
441
   
3,135
   
15
 
Nonresidential mortgage
  
2,572
   
2,959
   
338
   
1,561
   
8
 
Commercial construction
  
-
   
-
   
-
   
1,052
   
18
 
Multi-family
  
-
   
-
   
-
   
463
   
-
 
Home equity
  
200
   
200
   
87
   
-
   
-
 
Commercial loans
  
603
   
603
   
3
   
608
   
10
 
   
6,075
   
6,552
   
869
   
6,819
   
51
 
                     
Residential mortgage
  
2,906
   
2,996
   
441
   
3,725
   
15
 
Nonresidential mortgage
  
3,033
   
3,420
   
338
   
2,214
   
17
 
Commercial construction
  
-
   
-
   
-
   
1,052
   
18
 
Multi-family
  
-
   
-
   
-
   
463
   
-
 
Home equity
  
296
   
296
   
87
   
-
   
-
 
Commercial loans
  
603
   
603
   
3
   
608
   
10
 
  
$
6,838
  
$
7,315
  
$
869
  
$
8,062
  
$
60
 
Troubled Debt Restructurings on Financing Receivables
The table below details loans that have been modified as a troubled debt restructuring during the three months ended September 30, 2013.

(Dollars in thousands)
 
Number of Contracts
  
Pre-Modification Outstanding Recorded Investment
  
Post-Modification Outstanding Recorded Investment
  
Current Outstanding Recorded Investment
 
Residential mortgage
  
2
  
$
367
  
$
367
  
$
365
 
Nonresidential mortgage
  
1
   
442
   
442
   
440
 
Troubled Debt Restructurings, Subsequently Defaulted
The table below details loans that have been modified as a troubled debt restructuring during the previous twelve months which has subsequently defaulted during the three months ended September 30, 2013:

(Dollars in thousands)
 
Number of Contracts
  
Recorded Investment
  
Allowance for Loan Loss
 
Residential mortgage
  
1
  
$
73
  
$
--
 
Nonresidential mortgage
  
1
   
547
   
182
 
Activity and Allocation of Allowance For Loan Losses
The following tables set forth the activity and allocation of the allowance for loan losses by loan category during and at the periods indicated.  The allowance is allocated to each loan category based on historical loss experience and economic conditions.

  
Activity for the three months ended September 30, 2014
 
(In thousands)
 
Balance at
June 30, 2014
  
Charge-offs
  
Recoveries
  
Provision
  
Balance at September 30, 2014
 
Residential mortgage
 
$
2,731
  
$
74
  
$
-
  
$
(10
)
 
$
2,647
 
Nonresidential mortgage
  
2,936
   
-
   
-
   
228
   
3,164
 
Residential construction and land
  
42
   
-
   
-
   
(1
)
  
41
 
Commercial construction
  
38
   
-
   
-
   
71
   
109
 
Multi-family
  
59
   
-
   
-
   
(14
)
  
45
 
Home equity
  
361
   
-
   
-
   
15
   
376
 
Consumer installment
  
240
   
55
   
19
   
39
   
243
 
Commercial loans
  
811
   
-
   
-
   
20
   
831
 
Unallocated
  
201
   
-
   
-
   
63
   
264
 
Total
 
$
7,419
  
$
129
  
$
19
  
$
411
  
$
7,720
 
 
  
Allowance for Loan Losses
  
Loans Receivable
 
  
Ending Balance
September 30, 2014
Impairment Analysis
  
Ending Balance
September 30, 2014
Impairment Analysis
 
(In thousands)
 
Individually Evaluated
  
Collectively Evaluated
  
Individually Evaluated
  
Collectively Evaluated
 
Residential mortgage
 
$
370
  
$
2,277
  
$
2,672
  
$
223,327
 
Nonresidential mortgage
  
315
   
2,849
   
2,904
   
116,576
 
Residential construction and land
  
-
   
41
   
-
   
2,922
 
Commercial construction
  
-
   
109
   
-
   
4,155
 
Multi-family
  
-
   
45
   
-
   
4,518
 
Home equity
  
87
   
289
   
296
   
20,807
 
Consumer installment
  
-
   
243
   
-
   
4,181
 
Commercial loans
  
3
   
828
   
600
   
30,585
 
Unallocated
  
-
   
264
   
-
   
-
 
Total
 
$
775
  
$
6,945
  
$
6,472
  
$
407,071
 

  
Activity for the three months ended September 30, 2013
 
(In thousands)
 
Balance at June 30, 2013
  
Charge-offs
  
Recoveries
  
Provision
  
Balance at September 30, 2013
 
Residential mortgage
 
$
2,627
  
$
77
  
$
-
  
$
8
  
$
2,558
 
Nonresidential mortgage
  
2,476
   
-
   
-
   
146
   
2,622
 
Residential construction and land
  
37
   
-
   
-
   
9
   
46
 
Commercial construction
  
392
   
-
   
-
   
(36
)
  
356
 
Multi-family
  
139
   
-
   
-
   
(29
)
  
110
 
Home equity
  
275
   
-
   
-
   
18
   
293
 
Consumer installment
  
222
   
59
   
15
   
43
   
221
 
Commercial loans
  
809
   
204
   
-
   
217
   
822
 
Unallocated
  
63
   
-
   
-
   
(63
)
  
-
 
Total
 
$
7,040
  
$
340
  
$
15
  
$
313
  
$
7,028
 
 
  
Allowance for Loan Losses
  
Loans Receivable
 
  
Ending Balance
June 30, 2014
Impairment Analysis
  
Ending Balance
June 30, 2014
Impairment Analysis
 
(In thousands)
 
Individually
Evaluated
  
Collectively
Evaluated
  
Individually
Evaluated
  
Collectively
Evaluated
 
Residential mortgage
 
$
441
  
$
2,290
  
$
2,906
  
$
224,467
 
Nonresidential mortgage
  
338
   
2,598
   
3,033
   
111,033
 
Residential construction and land
  
-
   
42
   
-
   
3,005
 
Commercial construction
  
-
   
38
   
-
   
1,558
 
Multi-family
  
-
   
59
   
-
   
4,059
 
Home equity
  
87
   
274
   
296
   
20,282
 
Consumer installment
  
-
   
240
   
-
   
4,208
 
Commercial loans
  
3
   
808
   
603
   
30,391
 
Unallocated
  
-
   
201
   
-
   
-
 
Total
 
$
869
  
$
6,550
  
$
6,838
  
$
399,003