REAL ESTATE OWNED

12 Months Ended

Jun. 30, 2013

Real Estate [Abstract]

Real Estate Owned [Text Block]

NOTE D – REAL ESTATE OWNED

Activity in real estate owned for the years ended June 30 was as follows:

(in thousands)	2013		2012
Balance at beginning of year	$	2,445	$	4,304
Acquired from CKF Bancorp		1,632		—
Additions		367		96
Impairment charges		(25)		(67)
Disposals		(3,256)		(1,888)
Balance at end of year	$	1,163	$	2,445