SECURITIES (Tables)

12 Months Ended

Jun. 30, 2013

Investments, Debt and Equity Securities [Abstract]

Held-to-maturity Securities [Table Text Block]

The amortized cost and fair value of held-to-maturity agency bonds at June 30, 2013, are shown by contractual maturity. Expected maturities may differ from contractual maturities if borrowers have the right to call or prepay obligations with or without call or prepayment penalties.

(in thousands)	Amortized Cost		Fair Value
Within one year	$	1,535	$	1,535
One to five years		5,356		5,317
	$	6,891	$	6,852

Actual Maturities [Member]

Investments, Debt and Equity Securities [Abstract]

Investment Securities [Table Text Block]

The following table summarizes the amortized cost and fair value of the available for sale securities and held to maturity investment securities portfolio at June 30, 2013 and 2012 and the corresponding amounts of gross unrealized or unrecognized gains and losses. Unrealized gains or losses apply to available-for-sale securities and are recognized in accumulated other comprehensive income, while unrealized gains or losses on held-to-maturity securities are not recognized in the financial statements. The gains and losses are as follows:

	2013
(in thousands)	Amortized cost		Gross unrealized/ unrecognized gains		Gross unrealized/ unrecognized losses		Estimated fair value
Available-for-sale Securities
Agency mortgage-backed:residential	$	162	$	4	$	-	$	166
FHLMC stock		8		31		-		39
	$	170	$	35	$	-	$	205
Held-to-maturity Securities
Agency mortgage-backed: residential	$	5,341	$	210	$	49	$	5,502
Agency bonds		6,891		-		39		6,852
	$	12,232	$	210	$	88	$	12,354

	2012
(in thousands)	Amortized cost		Gross unrealized/ unrecognized gains		Gross unrealized/ unrecognized losses		Estimated fair value
Available-for-sale Securities
Agency mortgage-backed:residential	$	185	$	4	$	-	$	189
Held-to maturity Securities
Agency mortgage-backed:residential	$	4,756	$	388	$	-	$	5,144

Contractual Maturities [Member]

Investments, Debt and Equity Securities [Abstract]

Investment Securities [Table Text Block]

The amortized cost and estimated fair value of securities as of June 30, 2013 and 2012, by contractual maturity, are shown below. Actual maturities may differ from contractual maturities, because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Securities without a single maturity, primarily mortgage-backed, are shown separately.

	2013				2012
(in thousands)	Estimated fair value		Amortized cost		Estimated fair value		Amortized cost
Available-for-sale Securities
Agency mortgage-backed:residential	$	166	$	162	$	189	$	185
FHLMC stock		39		8		—		—
	$	205	$	170	$	189	$	185
Held-to-maturity Securities
Agency mortgage-backed: residential	$	5,502	$	5,341	$	5,144	$	4,756
Agency bonds		6,852		6,891		-		-
	$	12,354	$	12,232	$	5,144	$	4,756