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Loans receivable (Tables)
 6 Months Ended
Dec. 31, 2016
Receivables [Abstract]  
Schedule Of Classification Of Loans Receivable [Table Text Block]
The composition of the loan portfolio was as follows:
 
 
 
December 31,
 
June 30,
 
(in thousands)
 
2016
 
2016
 
 
 
 
 
 
 
 
 
Residential real estate
 
 
 
 
 
 
 
One- to four-family
 
$
191,665
 
$
186,125
 
Multi-family
 
 
16,033
 
 
15,559
 
Construction
 
 
2,378
 
 
2,809
 
Land
 
 
1,327
 
 
1,186
 
Farm
 
 
1,955
 
 
1,735
 
Nonresidential real estate
 
 
25,282
 
 
27,138
 
Commercial nonmortgage
 
 
2,308
 
 
1,847
 
Consumer and other:
 
 
 
 
 
 
 
Loans on deposits
 
 
1,741
 
 
1,813
 
Home equity
 
 
6,442
 
 
6,155
 
Automobile
 
 
46
 
 
69
 
Unsecured
 
 
372
 
 
552
 
 
 
 
249,549
 
 
244,988
 
 
 
 
 
 
 
 
 
Undisbursed portion of loans in process
 
 
(844)
 
 
(5,118)
 
Deferred loan origination costs
 
 
25
 
 
113
 
Allowance for loan losses
 
 
(1,473)
 
 
(1,515)
 
 
 
$
247,257
 
$
238,468
 
Allowance for Credit Losses on Financing Receivables [Table Text Block]
The following table presents the activity in the allowance for loan losses by portfolio segment for the six months ended December 31, 2016:
 
(in thousands)
 
Beginning
balance
 
Provision
for loan
losses
 
Loans
charged
off
 
Recoveries
 
Ending
balance
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One- to four-family
 
$
862
 
$
34
 
$
(95)
 
$
—
 
$
801
 
Multi-family
 
 
192
 
 
19
 
 
—
 
 
—
 
 
211
 
Construction
 
 
5
 
 
(1)
 
 
—
 
 
—
 
 
4
 
Land
 
 
2
 
 
1
 
 
 
 
 
 
 
 
3
 
Farm
 
 
3
 
 
1
 
 
—
 
 
—
 
 
4
 
Nonresidential real estate
 
 
217
 
 
13
 
 
—
 
 
—
 
 
230
 
Commercial nonmortgage
 
 
18
 
 
(14)
 
 
—
 
 
—
 
 
4
 
Consumer and other:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans on deposits
 
 
4
 
 
(1)
 
 
—
 
 
—
 
 
3
 
Home equity
 
 
11
 
 
1
 
 
—
 
 
—
 
 
12
 
Automobile
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
Unsecured
 
 
1
 
 
3
 
 
(5)
 
 
2
 
 
1
 
Unallocated
 
 
200
 
 
—
 
 
—
 
 
—
 
 
200
 
Totals
 
$
1,515
 
$
56
 
$
(100)
 
$
2
 
$
1,473
 
 
The following table presents the activity in the allowance for loan losses by portfolio segment for the three months ended December 31, 2016:
 
(in thousands)
 
Beginning
balance
 
Provision for
loan losses
 
Loans
charged off
 
Recoveries
 
Ending
balance
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One- to four-family
 
$
803
 
$
50
 
$
(52)
 
$
—
 
$
801
 
Multi-family
 
 
208
 
 
3
 
 
—
 
 
—
 
 
211
 
Construction
 
 
5
 
 
(1)
 
 
—
 
 
—
 
 
4
 
Land
 
 
2
 
 
1
 
 
—
 
 
—
 
 
3
 
Farm
 
 
4
 
 
—
 
 
—
 
 
—
 
 
4
 
Nonresidential real estate
 
 
222
 
 
8
 
 
—
 
 
—
 
 
230
 
Commercial nonmortgage
 
 
15
 
 
(11)
 
 
—
 
 
—
 
 
4
 
Consumer and other:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans on deposits
 
 
4
 
 
(1)
 
 
—
 
 
—
 
 
3
 
Home equity
 
 
12
 
 
—
 
 
—
 
 
—
 
 
12
 
Automobile
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
Unsecured
 
 
1
 
 
3
 
 
(5)
 
 
2
 
 
1
 
Unallocated
 
 
200
 
 
—
 
 
—
 
 
—
 
 
200
 
Totals
 
$
1,476
 
$
52
 
$
(57)
 
$
2
 
$
1,473
 
 
The following table presents the activity in the allowance for loan losses by portfolio segment for the six months ended December 31, 2015:
 
(in thousands)
 
Beginning
balance
 
Provision for
loan losses
 
Loans
charged off
 
Recoveries
 
Ending
balance
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One- to four-family
 
$
1,059
 
$
(3)
 
$
(13)
 
$
2
 
$
1,045
 
Multi-family
 
 
94
 
 
2
 
 
—
 
 
—
 
 
96
 
Construction
 
 
21
 
 
(7)
 
 
—
 
 
—
 
 
14
 
Land
 
 
7
 
 
1
 
 
 
 
 
 
 
 
8
 
Farm
 
 
9
 
 
—
 
 
—
 
 
—
 
 
9
 
Nonresidential real estate
 
 
121
 
 
22
 
 
—
 
 
—
 
 
143
 
Commercial nonmortgage
 
 
10
 
 
—
 
 
—
 
 
—
 
 
10
 
Consumer and other:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans on deposits
 
 
13
 
 
(2)
 
 
—
 
 
—
 
 
11
 
Home equity
 
 
31
 
 
(1)
 
 
—
 
 
—
 
 
30
 
Automobile
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
Unsecured
 
 
3
 
 
(1)
 
 
—
 
 
—
 
 
2
 
Unallocated
 
 
200
 
 
—
 
 
—
 
 
—
 
 
200
 
Totals
 
$
1,568
 
$
11
 
$
(13)
 
$
2
 
$
1,568
 
 
The following table presents the activity in the allowance for loan losses by portfolio segment for the three months ended December 31, 2015:
 
(in thousands)
 
Beginning
balance
 
Provision for
loan losses
 
Loans
charged off
 
Recoveries
 
Ending
balance
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One- to four-family
 
$
1,060
 
$
(15)
 
$
(2)
 
$
2
 
$
1,045
 
Multi-family
 
 
97
 
 
(1)
 
 
—
 
 
—
 
 
96
 
Construction
 
 
16
 
 
(2)
 
 
—
 
 
—
 
 
14
 
Land
 
 
8
 
 
—
 
 
—
 
 
—
 
 
8
 
Farm
 
 
9
 
 
—
 
 
—
 
 
—
 
 
9
 
Nonresidential real estate
 
 
122
 
 
21
 
 
—
 
 
—
 
 
143
 
Commercial nonmortgage
 
 
10
 
 
—
 
 
—
 
 
—
 
 
10
 
Consumer and other:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans on deposits
 
 
13
 
 
(2)
 
 
—
 
 
—
 
 
11
 
Home equity
 
 
31
 
 
(1)
 
 
—
 
 
—
 
 
30
 
Automobile
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
Unsecured
 
 
2
 
 
—
 
 
—
 
 
—
 
 
2
 
Unallocated
 
 
200
 
 
—
 
 
—
 
 
—
 
 
200
 
Totals
 
$
1,568
 
$
—
 
$
(2)
 
$
2
 
$
1,568
 
Schedule Of Impaired Loans Receivable Additional Information [Table Text Block]
The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio class and based on impairment method as of December 31, 2016. The recorded investment in loans excludes accrued interest receivable and deferred loan costs, net due to immateriality.
 
December 31, 2016:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(in thousands)
 
Loans
individually
evaluated
 
Loans
acquired
with
deteriorated
credit
quality
 
Ending
loans
balance
 
Ending
allowance
attributed to
loans
 
Unallocated
allowance
 
Total
allowance
 
Loans individually evaluated for impairment:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One- to four-family
 
$
3,941
 
$
1,818
 
$
5,759
 
$
—
 
$
—
 
$
—
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans collectively evaluated for impairment:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One- to four-family
 
 
 
 
 
 
 
$
185,906
 
$
801
 
$
—
 
$
801
 
Multi-family
 
 
 
 
 
 
 
 
16,033
 
 
211
 
 
—
 
 
211
 
Construction
 
 
 
 
 
 
 
 
2,378
 
 
4
 
 
—
 
 
4
 
Land
 
 
 
 
 
 
 
 
1,327
 
 
3
 
 
—
 
 
3
 
Farm
 
 
 
 
 
 
 
 
1,955
 
 
4
 
 
—
 
 
4
 
Nonresidential real estate
 
 
 
 
 
 
 
 
25,282
 
 
230
 
 
—
 
 
230
 
Commercial nonmortgage
 
 
 
 
 
 
 
 
2,308
 
 
4
 
 
—
 
 
4
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans on deposits
 
 
 
 
 
 
 
 
1,741
 
 
3
 
 
—
 
 
3
 
Home equity
 
 
 
 
 
 
 
 
6,442
 
 
12
 
 
—
 
 
12
 
Automobile
 
 
 
 
 
 
 
 
46
 
 
—
 
 
—
 
 
—
 
Unsecured
 
 
 
 
 
 
 
 
372
 
 
1
 
 
—
 
 
1
 
Unallocated
 
 
 
 
 
 
 
 
—
 
 
—
 
 
200
 
 
200
 
 
 
 
 
 
 
 
 
 
243,790
 
 
1,273
 
 
200
 
 
1,473
 
 
 
 
 
 
 
 
 
$
249,549
 
$
1,273
 
$
200
 
$
1,473
 
 
The following tables present the balance in the allowance for loan losses and the recorded investment in loans by portfolio class and based on impairment method as of June 30, 2016.
 
June 30, 2016:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(in thousands)
 
Loans
individually
evaluated
 
Loans
acquired
with
deteriorated
credit
quality
 
Ending
loans
balance
 
Ending
allowance
attributed to
loans
 
Unallocated
allowance
 
Total
allowance
 
Loans individually evaluated for impairment:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One- to four-family
 
$
3,400
 
$
2,146
 
$
5,546
 
$
—
 
$
—
 
$
—
 
Nonresidential real estate
 
 
—
 
 
164
 
 
164
 
 
—
 
 
—
 
 
—
 
 
 
 
3,400
 
 
2,310
 
 
5,710
 
 
—
 
 
—
 
 
—
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans collectively evaluated for impairment:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One- to four-family
 
 
 
 
 
 
 
$
180,579
 
$
862
 
$
—
 
$
862
 
Multi-family
 
 
 
 
 
 
 
 
15,559
 
 
192
 
 
—
 
 
192
 
Construction
 
 
 
 
 
 
 
 
2,809
 
 
5
 
 
—
 
 
5
 
Land
 
 
 
 
 
 
 
 
1,186
 
 
2
 
 
—
 
 
2
 
Farm
 
 
 
 
 
 
 
 
1,735
 
 
3
 
 
—
 
 
3
 
Nonresidential real estate
 
 
 
 
 
 
 
 
26,974
 
 
217
 
 
—
 
 
217
 
Commercial nonmortgage
 
 
 
 
 
 
 
 
1,847
 
 
18
 
 
—
 
 
18
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans on deposits
 
 
 
 
 
 
 
 
1,813
 
 
4
 
 
—
 
 
4
 
Home equity
 
 
 
 
 
 
 
 
6,155
 
 
11
 
 
—
 
 
11
 
Automobile
 
 
 
 
 
 
 
 
69
 
 
—
 
 
—
 
 
—
 
Unsecured
 
 
 
 
 
 
 
 
552
 
 
1
 
 
—
 
 
1
 
Unallocated
 
 
 
 
 
 
 
 
—
 
 
—
 
 
200
 
 
200
 
 
 
 
 
 
 
 
 
 
239,278
 
 
1,315
 
 
200
 
 
1,515
 
 
 
 
 
 
 
 
 
$
244,988
 
$
1,315
 
$
200
 
$
1,515
 
Impaired Financing Receivables [Table Text Block]
The following table presents loans individually evaluated for impairment by class of loans as of and for the six months ended December 31, 2016 and 2015:
 
December 31, 2016:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(in thousands)
 
Unpaid
Principal
Balance and
Recorded
Investment
 
Allowance
for Loan
Losses
Allocated
 
Average
Recorded
Investment
 
Interest
Income
Recognized
 
Cash Basis
Income
Recognized
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One- to four-family
 
$
3,941
 
$
—
 
$
3,774
 
$
3
 
$
3
 
Purchased credit-impaired loans
 
 
1,818
 
 
—
 
 
2,073
 
 
40
 
 
40
 
 
 
 
5,759
 
 
—
 
 
5,847
 
 
43
 
 
43
 
With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One- to four-family
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
 
$
5,759
 
$
—
 
$
5,847
 
$
43
 
$
43
 
 
December 31, 2015:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(in thousands)
 
Unpaid
Principal
Balance and
Recorded
Investment
 
Allowance
for Loan
Losses
Allocated
 
Average
Recorded
Investment
 
Interest
Income
Recognized
 
Cash Basis
Income
Recognized
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One- to four-family
 
$
2,993
 
$
—
 
$
3,022
 
$
5
 
$
5
 
Purchased credit-impaired loans
 
 
2,488
 
 
—
 
 
2,980
 
 
34
 
 
34
 
 
 
 
5,481
 
 
—
 
 
6,002
 
 
39
 
 
39
 
With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One- to four-family
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
 
$
5,481
 
$
—
 
$
6,002
 
$
39
 
$
39
 
 
The following table presents loans individually evaluated for impairment by class of loans as of and for the three months ended December 31, 2016 and 2015:
 
December 31, 2016:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(in thousands)
 
Unpaid
Principal
Balance and
Recorded
Investment
 
Allowance
for Loan
Losses
Allocated
 
Average
Recorded
Investment
 
Interest
Income
Recognized
 
Cash Basis
Income
Recognized
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One- to four-family
 
$
3,941
 
$
—
 
$
3,960
 
$
1
 
$
1
 
Purchased credit-impaired loans
 
 
1,818
 
 
—
 
 
1,955
 
 
26
 
 
26
 
 
 
 
5,759
 
 
—
 
 
5,915
 
 
27
 
 
27
 
With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One- to four-family
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
 
$
5,759
 
$
—
 
$
5,915
 
$
27
 
$
27
 
 
December 31, 2015:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
(in thousands)
 
Unpaid
Principal
Balance and
Recorded
Investment
 
Allowance
for Loan
Losses
Allocated
 
Average
Recorded
Investment
 
Interest
Income
Recognized
 
Cash Basis
Income
Recognized
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
With no related allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One- to four-family
 
$
2,993
 
$
—
 
$
3,280
 
$
2
 
$
2
 
Purchased credit-impaired loans
 
 
2,488
 
 
—
 
 
2,734
 
 
11
 
 
11
 
 
 
 
5,481
 
 
—
 
 
6,014
 
 
13
 
 
13
 
With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One- to four-family
 
 
—
 
 
—
 
 
—
 
 
—
 
 
—
 
 
 
$
5,481
 
$
—
 
$
6,014
 
$
13
 
$
13
 
Troubled Debt Restructurings on Financing Receivables [Table Text Block]
The following tables present the recorded investment in nonaccrual and loans past due over 90 days still on accrual by class of loans as of December 31, 2016 and June 30, 2016:
 
 
 
December 31, 2016
 
June 30, 2016
 
(in thousands)
 
Nonaccrual
 
Loans Past
Due Over 90
Days Still
Accruing
 
Nonaccrual
 
Loans Past
Due Over 90
Days Still
Accruing
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One- to four-family residential real estate
 
$
5,294
 
$
2,244
 
$
4,785
 
$
2,166
 
Nonresidential real estate and land
 
 
149
 
 
—
 
 
173
 
 
—
 
Consumer
 
 
5
 
 
—
 
 
11
 
 
—
 
 
 
$
5,448
 
$
2,244
 
$
4,969
 
$
2,166
 
Schedule Of Troubled Debt Restructurings Modified Terms [Table Text Block]
The following table presents TDR’s by loan type at December 31, 2016 and June 30, 2016, and their performance, by modification type:
 
(dollars in thousands)
 
Number
of Loans
 
Pre-
Modification
Outstanding
Recorded
Investment
 
Post-
Modification
Outstanding
Recorded
Investment
 
TDRs
Performing
to Modified
Terms
 
TDRs Not
 Performing
to Modified
Terms
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
December 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential Real Estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
1-4 Family
 
 
35
 
$
2,221
 
$
1,892
 
$
1,051
 
$
841
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
June 30, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential Real Estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
1-4 Family
 
 
35
 
$
2,136
 
$
1,835
 
$
1,318
 
$
517
 
Schedule Of Types Troubled Debt Restructuring Loan Modifications [Table Text Block]
The following table summarizes TDR loan modifications that occurred during the six months ended December 31, 2016 and 2015, and their performance, by modification type:
 
(in thousands)
 
Troubled Debt
Restructurings
Performing to
Modified Terms
 
Troubled Debt
Restructurings
Not Performing
to Modified
Terms
 
Total Troubled
Debt
Restructurings
 
 
 
 
 
 
 
 
 
 
 
 
Six months ended December 31, 2016
 
 
 
 
 
 
 
 
 
 
Residential real estate:
 
 
 
 
 
 
 
 
 
 
Terms extended
 
$
98
 
$
—
 
$
98
 
 
 
 
 
 
 
 
 
 
 
 
Six months ended December 31, 2015
 
 
 
 
 
 
 
 
 
 
Residential real estate:
 
 
 
 
 
 
 
 
 
 
Rate reduction
 
$
3
 
$
—
 
$
3
 
Past Due Financing Receivables [Table Text Block]
The following table presents the aging of the principal balance outstanding in past due loans as of December 31, 2016, by class of loans:
 
(in thousands)
 
30-89 Days
Past Due
 
90 Days or
Greater
Past Due
 
Total
Past
Due
 
Loans Not
Past Due
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One-to four-family
 
$
3,959
 
$
5,477
 
$
9,436
 
$
182,229
 
$
191,665
 
Multi-family
 
 
—
 
 
—
 
 
—
 
 
16,033
 
 
16,033
 
Construction
 
 
—
 
 
—
 
 
—
 
 
2,378
 
 
2,378
 
Land
 
 
—
 
 
—
 
 
—
 
 
1,327
 
 
1,327
 
Farm
 
 
548
 
 
—
 
 
548
 
 
1,407
 
 
1,955
 
Nonresidential real estate
 
 
—
 
 
129
 
 
129
 
 
25,153
 
 
25,282
 
Commercial non-mortgage
 
 
—
 
 
—
 
 
—
 
 
2,308
 
 
2,308
 
Consumer and other:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans on deposits
 
 
—
 
 
—
 
 
—
 
 
1,741
 
 
1,741
 
Home equity
 
 
17
 
 
—
 
 
17
 
 
6,425
 
 
6,442
 
Automobile
 
 
—
 
 
—
 
 
—
 
 
46
 
 
46
 
Unsecured
 
 
5
 
 
—
 
 
5
 
 
367
 
 
372
 
Total
 
$
4,529
 
$
5,606
 
$
10,135
 
$
239,414
 
$
249,549
 
 
The following tables present the aging of the principal balance outstanding in past due loans as of June 30, 2016, by class of loans:
 
(in thousands)
 
30-89 Days
Past Due
 
90 Days or
Greater
Past Due
 
Total
Past Due
 
Loans Not
Past Due
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One-to four-family
 
$
5,712
 
$
4,377
 
$
10,089
 
$
176,036
 
$
186,125
 
Multi-family
 
 
—
 
 
—
 
 
—
 
 
15,559
 
 
15,559
 
Construction
 
 
548
 
 
—
 
 
548
 
 
2,261
 
 
2,809
 
Land
 
 
—
 
 
—
 
 
—
 
 
1,186
 
 
1,186
 
Farm
 
 
—
 
 
—
 
 
—
 
 
1,735
 
 
1,735
 
Nonresidential real estate
 
 
—
 
 
153
 
 
153
 
 
26,985
 
 
27,138
 
Commercial nonmortgage
 
 
—
 
 
—
 
 
—
 
 
1,847
 
 
1,847
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans on deposits
 
 
—
 
 
—
 
 
—
 
 
1,813
 
 
1,813
 
Home equity
 
 
37
 
 
—
 
 
37
 
 
6,118
 
 
6,155
 
Automobile
 
 
—
 
 
—
 
 
—
 
 
69
 
 
69
 
Unsecured
 
 
9
 
 
—
 
 
9
 
 
543
 
 
552
 
Total
 
$
6,306
 
$
4,530
 
$
10,836
 
$
234,152
 
$
244,988
 
Financing Receivable Credit Quality Indicators [Table Text Block]
As of December 31, 2016, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows:
 
 
 
 
 
Special
 
 
 
 
 
 
 
(in thousands)
 
Pass
 
Mention
 
Substandard
 
Doubtful
 
Not rated
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One- to four-family
 
$
—
 
$
6,031
 
$
11,475
 
$
—
 
$
174,159
 
Multi-family
 
 
15,702
 
 
—
 
 
331
 
 
—
 
 
—
 
Construction
 
 
2,378
 
 
—
 
 
—
 
 
—
 
 
—
 
Land
 
 
1,327
 
 
—
 
 
—
 
 
—
 
 
—
 
Farm
 
 
1,418
 
 
—
 
 
537
 
 
—
 
 
—
 
Nonresidential real estate
 
 
24,263
 
 
870
 
 
149
 
 
—
 
 
—
 
Commercial nonmortgage
 
 
2,308
 
 
—
 
 
—
 
 
—
 
 
—
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans on deposits
 
 
1,741
 
 
—
 
 
—
 
 
—
 
 
—
 
Home equity
 
 
6,442
 
 
—
 
 
—
 
 
—
 
 
—
 
Automobile
 
 
46
 
 
—
 
 
—
 
 
—
 
 
—
 
Unsecured
 
 
338
 
 
29
 
 
5
 
 
—
 
 
—
 
 
 
$
55,963
 
$
6,930
 
$
12,497
 
$
—
 
$
174,159
 
 
At June 30, 2016, the risk category of loans by class of loans was as follows:
 
 
 
 
 
Special
 
 
 
 
 
 
 
(in thousands)
 
Pass
 
Mention
 
Substandard
 
Doubtful
 
Not rated
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Residential real estate:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One- to four-family
 
$
—
 
$
6,387
 
$
11,970
 
$
—
 
$
167,768
 
Multi-family
 
 
15,220
 
 
—
 
 
339
 
 
—
 
 
—
 
Construction
 
 
2,809
 
 
—
 
 
—
 
 
—
 
 
—
 
Land
 
 
1,186
 
 
—
 
 
—
 
 
—
 
 
—
 
Farm
 
 
1,735
 
 
—
 
 
—
 
 
—
 
 
—
 
Nonresidential real estate
 
 
26,061
 
 
904
 
 
173
 
 
—
 
 
—
 
Commercial nonmortgage
 
 
1,817
 
 
30
 
 
—
 
 
—
 
 
—
 
Consumer:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loans on deposits
 
 
1,813
 
 
—
 
 
—
 
 
—
 
 
—
 
Home equity
 
 
6,149
 
 
—
 
 
6
 
 
—
 
 
—
 
Automobile
 
 
69
 
 
—
 
 
—
 
 
—
 
 
—
 
Unsecured
 
 
552
 
 
—
 
 
—
 
 
—
 
 
—
 
 
 
$
57,411
 
$
7,321
 
$
12,488
 
$
—
 
$
167,768
 
Certain Loans Acquired In Transfer Accounted For As Debt Securities [Table Text Block]
The carrying amount of those loans, net of a purchase credit discount of $388,000 and $464,000 at December 31, 2016 and June 30, 2016, respectively, is as follows:
 
(in thousands)
 
December 31, 2016
 
June 30, 2016
 
 
 
 
 
 
 
 
 
One- to four-family residential real estate
 
$
1,992
 
$
2,146
 
Nonresidential real estate
 
 
—
 
 
164
 
Outstanding balance
 
$
1,992
 
$
2,310
 
Certain Loans Acquired In Transfer Accounted For As Debt Securities Accretable Yield [Table Text Block]
Accretable yield, or income expected to be collected, is as follows
 
(in thousands)
 
Three months
ended
December 31,
2016
 
Six months
ended
December 31,
2016
 
Twelve
months ended
June 30, 2016
 
 
 
 
 
 
 
 
 
 
 
 
Balance at beginning of period
 
$
935
 
$
981
 
$
1,021
 
Accretion of income
 
 
(46)
 
 
(92)
 
 
(164)
 
Reclassifications from nonaccretable difference
 
 
60
 
 
60
 
 
124
 
Disposals, net of recoveries
 
 
(49)
 
 
(49)
 
 
—
 
Balance at end of period
 
$
900
 
$
900
 
$
981