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CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Interest income    
Loans $ 11,466 $ 9,664
Mortgage-backed securities 185 256
Other securities 17 1
Interest-bearing deposits and other 290 235
Total interest income 11,958 10,156
Interest expense    
Deposits 1,255 1,567
Borrowings 431 612
Total interest expense 1,686 2,179
Net interest income 10,272 7,977
Provision for loan losses 662 139
Net interest income after provision for loan losses 9,610 7,838
Non-interest income    
Gains on sales of loans 200 23
Earnings on bank-owned life insurance 90 90
Net gains on sales of real estate owned 82 1
Unrealized loss-other real estate (25) (67)
Bargain purchase gain 958 0
Other 220 93
Total non-interest income 1,525 140
Non-interest expense    
Salaries and employee benefits 4,289 3,238
Occupancy and equipment 410 355
Legal fees 199 365
Outside service fees 276 267
Data processing 379 241
Audit and accounting 147 84
Federal deposit insurance 201 144
Franchise and other taxes 225 182
Amortization of intangible assets 0 87
Real estate owned expense, net 33 (14)
Other operating 752 474
Total non-interest expense 6,911 5,423
Income before income taxes 4,224 2,555
Federal income taxes    
Current 1,095 1,087
Deferred 213 (247)
Total federal income taxes 1,308 840
NET INCOME $ 2,916 $ 1,715
EARNINGS PER SHARE    
Basic and diluted (in dollars per share) $ 0.37 $ 0.23