Investments Available-for-Sale (Tables)

12 Months Ended

Jun. 30, 2013

Summary of Investments Available-For-Sale by Major Security Category

The following table provides a summary of investments available-for-sale by major security type:

	Amortized cost		Unrealized gains		Unrealized losses			Fair value
	(dollars in thousands)
At June 30, 2013:
GSE mortgage-backed securities	$	71,970	$	294	$	(1,020	)	$	71,244
Mortgage-backed securities issued by U.S. government agencies		13,554		153		(169	)		13,538
Total	$	85,524	$	447	$	(1,189	)	$	84,782
At June 30, 2012:
GSE mortgage-backed securities	$	51,972	$	369	$	(56	)	$	52,285
Mortgage-backed securities issued by U.S. government agencies		16,016		299		(2	)		16,313
Total	$	67,988	$	668	$	(58	)	$	68,598

Contractual Maturities of Available for Sale Securities by Maturity

The amortized cost basis of available-for-sale securities by maturity as of June 30, 2013 is presented below. Mortgage-backed securities were included based on weighted-average maturities, adjusted for anticipated prepayments. Contractual maturities on the mortgage-backed securities range from eight to 29 years.

	June 30, 2013
	Due in one year or less			Due after one year but within five years			Due after five years but within ten years			Due after ten years			Total
	(dollars in thousands)
Securities available-for-sale:
GSE mortgage-backed securities:
Amortized cost	$	74		$	47,822		$	24,074		$	—		$	71,970
Weighted-average yield		1.17	%		1.96	%		1.79	%		—	%		1.90	%
Mortgage-backed securities issued by U.S. government agencies:
Amortized cost	$	—		$	13,554		$	—		$	—		$	13,554
Weighted-average yield		—	%		2.16	%		—	%		—	%		2.16	%
Total debt securities:
Amortized cost	$	74		$	61,376		$	24,074		$	—		$	85,524
Weighted-average yield		1.17	%		2.00	%		1.79	%		—	%		1.94	%
Fair value	$	74		$	60,680		$	24,028		$	—		$	84,782