Loans (Tables)

12 Months Ended

Jun. 30, 2014

Receivables [Abstract]

Schedule of Loan Balances

A summary of the balances of loans follows:

	June 30,
	2014			2013
	(In Thousands)
Mortgage loans on real estate:
One- to four-family	$	107,498		$	107,617
Commercial	200,750			167,381
Home equity:
First lien	36,299			36,093
Second lien	39,845			42,328
Construction:
Residential	3,807			3,736
Commercial	36,189			21,237
Total mortgage loans on real estate	424,388			378,392
Other loans:
Commercial	54,756			43,566
Consumer:
Manufactured homes	21,766			21,716
Automobile and other secured loans	7,172			7,682
Other	2,566			1,679
Total other loans	86,260			74,643
Total loans	510,648			453,035
Net deferred loan costs	2,638			2,726
Allowance for loan losses	(5,651		)	(5,414		)
Total loans, net	$	507,635		$	450,347

Schedule of Loans by Risk Rating

The following tables present the Company’s loans by risk rating at June 30, 2014 and 2013:

June 30, 2014
	One- to Four-Family		Commercial  Real Estate		Home Equity  First Lien		Home Equity  Second Lien		Residential Construction		Commercial Construction
	(In Thousands)
Loans rated 1-5	$	104,221	$	184,317	$	36,299	$	39,688	$	3,807	$	36,189
Loans rated 6	523		12,447		—		7		—		—
Loans rated 7	2,608		3,986		—		150		—		—
Loans rated 8	146		—		—		—		—		—
Loans rated 9	—		—		—		—		—		—
	$	107,498	$	200,750	$	36,299	$	39,845	$	3,807	$	36,189
	Commercial		Manufactured Homes		Automobile and Other Secured Loans		Other Consumer		Total
	(In Thousands)
Loans rated 1-5	$	49,874	$	21,342	$	7,172	$	2,564	$	485,473
Loans rated 6	533		160		—		1		13,671
Loans rated 7	4,349		59		—		1		11,153
Loans rated 8	—		205		—		—		351
Loans rated 9	—		—		—		—		—
	$	54,756	$	21,766	$	7,172	$	2,566	$	510,648

LOANS (Continued)

June 30, 2013
	One- to Four-Family		Commercial  Real Estate		Home Equity  First Lien		Home Equity  Second Lien		Residential Construction		Commercial Construction
	(In Thousands)
Loans rated 1-5	$	105,529	$	153,513	$	36,093	$	41,963	$	3,736	$	21,237
Loans rated 6	835		7,624		—		—		—		—
Loans rated 7	686		6,244		—		115		—		—
Loans rated 8	567		—		—		250		—		—
Loans rated 9	—		—		—		—		—		—
	$	107,617	$	167,381	$	36,093	$	42,328	$	3,736	$	21,237
	Commercial		Manufactured Homes		Automobile and Other Secured Loans		Other Consumer		Total
	(In Thousands)
Loans rated 1-5	$	36,827	$	21,398	$	7,682	$	1,678	$	429,656
Loans rated 6	994		146		—		—		9,599
Loans rated 7	5,745		36		—		1		12,827
Loans rated 8	—		136		—		—		953
Loans rated 9	—		—		—		—		—
	$	43,566	$	21,716	$	7,682	$	1,679	$	453,035

Schedule of Past Due and Non-Accrual Loans

The following are summaries of past due and non-accrual loans:

	30-59 Days Past Due		60-89 Days Past Due		90 Days or Greater Past Due		Total Past Due		Loans on Non-accrual
June 30, 2014	(In Thousands)
Mortgage loans on real estate:
One- to four-family	$	607	$	236	$	2,437	$	3,280	$	2,755
Commercial	583		—		—		583		534
Home equity:
First lien	—		—		—		—		—
Second lien	159		—		111		270		150
Commercial	—		—		1,500		1,500		1,500
Consumer:
Manufactured homes	304		27		240		571		240
Automobile and other   secured loans	—		—		—		—		—
Other	12		1		—		13		—
Total	$	1,665	$	264	$	4,288	$	6,217	$	5,179
June 30, 2013
Mortgage loans on real estate:
One- to four-family	$	642	$	—	$	1,013	$	1,655	$	1,405
Commercial	148		—		—		148		148
Home equity:
First lien	—		—		—		—		—
Second lien	180		29		268		477		335
Commercial	16		75		1,984		2,075		1,988
Consumer:
Manufactured homes	115		—		103		218		103
Automobile and other   secured loans	18		—		—		18		—
Other	1		—		—		1		—
Total	$	1,120	$	104	$	3,368	$	4,592	$	3,979

Schedule of Impaired Loans by Category

The following are summaries of impaired loans:

	June 30, 2014						June 30, 2013
	Recorded Investment		Unpaid Principal Balance		Related Allowance		Recorded Investment		Unpaid Principal Balance		Related Allowance
	(In Thousands)
Impaired loans without a valuation allowance:
Mortgage loans on real estate:
One- to four-family	$	2,755	$	2,814	$	—	$	1,405	$	1,676	$	—
Commercial	3,147		3,147		—		5,962		5,962		—
Home equity:
Second lien	150		170		—		335		335		—
Other loans:
Commercial	2,952		2,952		—		4,408		4,415		—
Manufactured homes	239		275		—		103		103		—
Total	9,243		9,358		—		12,213		12,491		—
Impaired loans with a valuation allowance:
Mortgage loans on real estate:
Commercial	537		537		11		2,208		2,208		32
Other loans:
Commercial	—		—		—		533		533		—
Total	537		537		11		2,741		2,741		32
Total impaired loans	$	9,780	$	9,895	$	11	$	14,954	$	15,232	$	32

Schedule of Impaired Loans, Average Recorded Investment and Interest Income Recognized

At June 30, 2014, the Company has no impaired loans with additional funds committed to be advanced.  Information pertaining to impaired loans for the years ended June 30, 2014, 2013 and 2012 are as follows:

	Year Ended June 30, 2014						Year Ended June 30, 2013						Year Ended June 30, 2012
	Average		Interest Income				Average		Interest Income				Average		Interest Income
	Recorded  Investment on Impaired Loans		Recognized		Recognized on a Cash Basis		Recorded  Investment on  Impaired Loans		Recognized		Recognized on a Cash Basis		Recorded  Investment  on Impaired  Loans		Recognized		Recognized on a Cash Basis
	(In Thousands)
Mortgage loans on real estate:
One- to four-family	$	1,682	$	36	$	33	$	1,506	$	69	$	69	$	1,789	$	89	$	89
Commercial	5,905		252		17		10,795		682		682		10,482		701		685
Home equity:
First lien	—		—		—		34		2		2		—		—		—
Second lien	214		5		5		238		11		7		253		4		4
Construction:
Commercial	—		—		—		—		—		—		232		15		15
Commercial	4,199		131		6		4,294		138		138		4,606		226		226
Consumer:
Manufactured homes	112		1		1		131		11		—		104		—		1
Total loans	$	12,112	$	425	$	62	$	16,998	$	913	$	898	$	17,466	$	1,035	$	1,020

Schedule of Allowance for Loan Losses

Information pertaining to activity in the allowance for loan losses for the years ended June 30, 2014, 2013 and 2012 is as follows:

	One- to Four-Family			Commercial  Real Estate			Home Equity First Lien			Home Equity  Second Lien			Residential Construction			Commercial Construction			Commercial			Manufactured  Homes			Automobile and Other Secured  Loans			Other Consumer			Total
	(In Thousands)
Balance at June 30, 2011	$	893		$	2,922		$	196		$	321		$	33		$	32		$	1,020		$	—		$	—		$	56		$	5,473
Charge-offs	(391		)	(166		)	(69		)	—			—			—			(213		)	—			—			(20		)	(859		)
Recoveries	71			16			5			—			—			—			11			—			—			6			109
Provision (credit)	292			(412		)	74			(41		)	5			(12		)	151			375			25			(32		)	425
Balance at June 30, 2012	865			2,360			206			280			38			20			969			375			25			10			5,148
Charge-offs	(185		)	(207		)	—			(70		)	—			—			—			—			(53		)	(29		)	(544		)
Recoveries	8			—			4			—			—			—			104			—			12			7			135
Provision (credit)	74			62			23			92			(5		)	295			(8		)	57			50			35			675
Balance at June 30, 2013	762			2,215			233			302			33			315			1,065			432			34			23			5,414
Charge-offs	(147		)	(22		)	—			(19		)	—			—			—			(189		)	(5		)	(5		)	(387		)
Recoveries	—			—			5			—			—			—			50			—			18			1			74
Provision (credit)	82			95			(34		)	(15		)	(3		)	157			101			174			(17		)	10			550
Balance at June 30, 2014	$	697		$	2,288		$	204		$	268		$	30		$	472		$	1,216		$	417		$	30		$	29		$	5,651

 LOANS (Concluded)

Information pertaining to the allowance for loan losses and recorded investment in loans at June 30, 2014, and 2013 are as follows:

	At June 30, 2014
	One- to Four-Family		Commercial Real Estate		Home Equity First Lien		Home Equity Second Lien		Residential Construction		Commercial Construction		Commercial		Manufactured Homes		Automobile and Other Secured Loans		Other Consumer		Total
Allowance:	(In Thousands)
Impaired loans	$	—	$	11	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	11
Non-impaired loans	697		2,277		204		268		30		472		1,216		417		30		29		5,640
Total allowance for loan losses	$	697	$	2,288	$	204	$	268	$	30	$	472	$	1,216	$	417	$	30	$	29	$	5,651
Loans:
Impaired loans	$	2,755	$	3,684	$	—	$	150	$	—	$	—	$	2,952	$	239	$	—	$	—	$	9,780
Non-impaired loans	104,743		197,066		36,299		39,695		3,807		36,189		51,804		21,527		7,172		2,566		500,868
Total loans	$	107,498	$	200,750	$	36,299	$	39,845	$	3,807	$	36,189	$	54,756	$	21,766	$	7,172	$	2,566	$	510,648

	At June 30, 2013
	One- to Four-Family		Commercial Real Estate		Home Equity First Lien		Home Equity Second Lien		Residential Construction		Commercial Construction		Commercial		Manufactured Homes		Automobile and Other Secured Loans		Other Consumer		Total
Allowance:	(In Thousands)
Impaired loans	$	—	$	32	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	32
Non-impaired loans	762		2,183		233		302		33		315		1,065		432		34		23		5,382
Total allowance for loan losses	$	762	$	2,215	$	233	$	302	$	33	$	315	$	1,065	$	432	$	34	$	23	$	5,414
Loans:
Impaired loans	$	1,405	$	8,170	$	—	$	335	$	—	$	—	$	4,941	$	103	$	—	$	—	$	14,954
Non-impaired loans	106,212		159,211		36,093		41,993		3,736		21,237		38,625		21,613		7,682		1,679		438,081
Total loans	$	107,617	$	167,381	$	36,093	$	42,328	$	3,736	$	21,237	$	43,566	$	21,716	$	7,682	$	1,679	$	453,035