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PREMISES AND EQUIPMENT

12 Months Ended

Jun. 30, 2013

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

NOTE E - PREMISES AND EQUIPMENT

Premises and equipment at June 30 are comprised of the following:

(in thousands)	2013		2012

Land	$	1,493	$	860
Buildings and improvements		6,454		3,842
Furniture and equipment		1,949		1,097
Automobiles		29		29
		9,925		5,828
Less: accumulated depreciation		5,317		3,184
Balance at end of year	$	4,608	$	2,644

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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