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Condensed Consolidated Statements of Income (Unaudited) (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Mar. 31, 2012
Mar. 31, 2011
Mar. 31, 2012
Mar. 31, 2011
Interest and dividend income:        
Interest on loans $ 3,181 $ 3,442 $ 9,797 $ 10,378
Interest and dividends on investments 1,161 1,415 3,680 4,581
Total interest and dividend income 4,342 4,857 13,477 14,959
Interest expense:        
Deposits and escrow 911 1,154 3,008 3,637
Borrowed funds 653 883 2,284 2,785
Total interest expense 1,564 2,037 5,292 6,422
Net interest and dividend income 2,778 2,820 8,185 8,537
Provision for loan losses 190 218 791 660
Net interest and dividend income after provision for loan losses 2,588 2,602 7,394 7,877
Non-interest income:        
Total other-than-temporary impairment losses on debt securities (1,193) (403) (3,421) (2,217)
Portion of losses recognized in other comprehensive loss/income 700 319 1,916 1,606
Net impairment losses recognized in earnings (493) (84) (1,505) (611)
Fees for services 427 497 1,404 1,560
Mortgage banking activities 40 9 71 122
Net commissions from brokerage service 35 36 99 112
Income from bank owned life insurance 81 65 245 205
Gain on sales of available-for-sale securities, net     235 254
Income from legal settlement   420 1,452 420
Other income 30 33 102 112
Total non-interest income 120 976 2,103 2,174
Non-interest expense:        
Compensation and benefits 1,441 1,456 4,475 4,391
Occupancy and equipment 306 368 927 976
Data processing 136 190 629 589
LAN/WAN network expense 38 21 106 74
Advertising and marketing 62 38 212 159
OCC/OTS assessment 46 47 138 140
FDIC deposit insurance 158 225 452 633
Other real estate owned 14 66 80 117
Write-down of other real estate owned     15 95
Other non-interest expense 440 447 1,336 1,308
Total non-interest expense 2,641 2,858 8,370 8,482
Income before income tax expense 67 720 1,127 1,569
Income tax expense 31 190 275 370
NET INCOME $ 36 $ 530 $ 852 $ 1,199
Earnings per common share        
Basic (in dollars per share) $ 0.01 $ 0.08 $ 0.13 $ 0.19
Diluted (in dollars per share) $ 0.01 $ 0.08 $ 0.13 $ 0.19