Fair Value of Financial Instruments (Tables)

12 Months Ended

Jun. 30, 2014

Fair Value Disclosures [Abstract]

Schedule of Financial Assets Measured at Fair Value on Recurring Basis

The following table presents the balances of assets measured at fair value on a recurring basis as of June 30, 2014 and 2013:

	Level 1		Level 2		Level 3		Total
June 30, 2014	(In Thousands)
Securities available for sale:
Debt securities	$	—	$	133,857	$	—	$	133,857
Marketable equity securities	79		—		—		79
Mortgage servicing rights	—		—		792		792
Total	$	79	$	133,857	$	792	$	134,728
June 30, 2013
Securities available for sale:
Debt securities	$	—	$	138,662	$	—	$	138,662
Marketable equity securities	68		—		—		68
Mortgage servicing rights	—		—		654		654
Total	$	68	$	138,662	$	654	$	139,384

Schedule of Level 3 Assets Measured at Fair Value on Recurring Basis

The table below presents, for the years ended June 30, 2014 and 2013, the changes in Level 3 assets that are measured at fair value on a recurring basis:

	Mortgage Servicing Rights
	(In Thousands)
Balance as of July 1, 2012	$	445
Total realized and unrealized gains included in net income	161
Capitalized servicing assets	48
Balance as of June 30, 2013	654
Total realized and unrealized gains included in net income	41
Capitalized servicing assets	97
Balance as of June 30, 2014	$	792

Schedule of Financial Assets Measured at Fair Value on Nonrecurring Basis

The following table summarizes the carrying value of the related individual assets as of June 30, 2014 and 2013 all classified in Level 3 fair value hierarchy:

	June 30,
	2014		2013
	(In Thousands)
Impaired loans	$	461	$	292
Other real estate owned	309		1,221
Total	$	770	$	1,513

Schedule of Carrying Amounts and Estimated Fair Values of Financial Instruments

The carrying amounts and related estimated fair values of the Company's financial instruments are as follows. Certain financial instruments and all non-financial instruments are exempt from disclosure requirements. Accordingly, the aggregate fair value amounts presented herein may not necessarily represent the underlying fair value of the Company.

FAIR VALUE OF ASSETS AND LIABILITIES (Concluded)

	Carrying Amount		Fair Value
June 30, 2014			Level 1		Level 2		Level 3		Total
	(In Thousands)
Financial assets:
Cash and cash equivalents	$	12,667	$	12,667	$	—	$	—	$	12,667
Securities available for sale	133,936		79		133,857		—		133,936
Securities held to maturity	9,302		—		—		9,302		9,302
Federal Home Loan Bank stock	6,648		—		—		6,648		6,648
Loans held for sale	330		—		330		—		330
Loans, net	507,635		—		—		513,765		513,765
Accrued interest receivable	1,688		—		—		1,688		1,688
Mortgage servicing rights (1)	792		—		—		792		792
Financial liabilities:
Deposits	491,732		—		—		493,500		493,500
Short-term borrowings	4,000		—		4,000		—		4,000
Long-term debt	112,446		—		113,823		—		113,823
Mortgagors' escrow accounts	1,184		—		—		1,184		1,184
(1) Included in other assets.
June 30, 2013
Financial assets:
Cash and cash equivalents	$	25,618	$	25,618	$	—	$	—	$	25,618
Securities available for sale	138,730		68		138,662		—		138,730
Federal Home Loan Bank stock	5,092		—		—		5,092		5,092
Loans held for sale	1,274		—		1,274		—		1,274
Loans, net	450,347		—		—		459,018		459,018
Accrued interest receivable	1,636		—		—		1,636		1,636
Mortgage servicing rights (1)	654		—		—		654		654
Financial liabilities:
Deposits	474,798		—		—		477,059		477,059
Short-term borrowings	4,500		—		4,500		—		4,500
Long-term debt	82,492		—		82,527		—		82,527
Mortgagors' escrow accounts	1,100		—		—		1,100		1,100
(1) Included in other assets.