Loans (Tables)

3 Months Ended

Sep. 30, 2014

Receivables [Abstract]

Schedule of Loan Balances

	September 30, 2014					June 30, 2014
	Amount			Percent		Amount			Percent		Change			% Change
	(Dollars In Thousands)
Mortgage loans on real estate:
One- to four-family(1)	$	107,497		21.11	%	$	107,498		21.05	%	$	(1	)	—	%
Commercial	202,178			39.70	%	200,750			39.31	%	1,428			0.7	%
Home equity:
First lien	35,451			6.96	%	36,299			7.11	%	(848		)	(2.3	)%
Second lien	41,813			8.21	%	39,845			7.80	%	1,968			4.9	%
Construction:
Residential	3,790			0.74	%	3,807			0.75	%	(17		)	(0.4	)%
Commercial	34,405			6.76	%	36,189			7.09	%	(1,784		)	(4.9	)%
Total mortgage loans on real estate	425,134			83.48	%	424,388			83.11	%	746			0.2	%
Other loans:
Commercial	52,399			10.29	%	54,756			10.72	%	(2,357		)	(4.3	)%
Consumer:
Manufactured homes	22,157			4.35	%	21,766			4.26	%	391			1.8	%
Automobile and other secured loans	6,680			1.31	%	7,172			1.40	%	(492		)	(6.9	)%
Other	2,910			0.57	%	2,566			0.50	%	344			13.4	%
Total other loans	84,146			16.52	%	86,260			16.89	%	(2,114		)	(2.5	)%
Total loans	509,280			100.00	%	510,648			100.00	%
Net deferred loan costs	2,634					2,638
Allowance for loan losses	(5,769		)			(5,651		)
Total loans, net	$	506,145				$	507,635

 ⁽¹⁾    Excludes loans held for sale of $1.4 million and $330,000 at September 30, 2014 and June 30, 2014, respectively.

Schedule of Loans by Risk Rating

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

September 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	$	104,020	$	186,333	$	35,425	$	41,633	$	3,790	$	34,130
Loans rated 6	543		12,892		—		10		—		275
Loans rated 7	2,788		2,953		26		170		—		—
Loans rated 8	146		—		—		—		—		—
Loans rated 9	—		—		—		—		—		—
	$	107,497	$	202,178	$	35,451	$	41,813	$	3,790	$	34,405
	Commercial		Manufactured Homes		Automobile and Other Secured Loans		Other Consumer		Total
	(In Thousands)
Loans rated 1-5	$	47,899	$	21,916	$	6,680	$	2,905	$	484,731
Loans rated 6	430		99		—		—		14,249
Loans rated 7	4,070		51		—		5		10,063
Loans rated 8	—		91		—		—		237
Loans rated 9	—		—		—		—		—
	$	52,399	$	22,157	$	6,680	$	2,910	$	509,280

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

Schedule of Past Due and Non-Accrual Loans

The following are summaries of past due and non-accrual loans as of September 30, 2014 and June 30, 2014:

	30-59 Days Past Due		60-89 Days Past Due		90 Days or Greater Past Due		Total Past Due		Loans on Non-accrual
September 30, 2014	(In Thousands)
Mortgage loans on real estate:
One- to four-family	$	946	$	82	$	2,681	$	3,709	$	2,977
Commercial	43		404		583		1,030		988
Home equity:
First lien	—		27		—		27		—
Second lien	144		27		24		195		143
Commercial	—		35		2,318		2,353		2,318
Consumer:
Manufactured homes	401		27		116		544		149
Automobile and other   secured loans	—		—		—		—		—
Other	105		—		5		110		5
Total	$	1,639	$	602	$	5,727	$	7,968	$	6,580
June 30, 2014
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

Schedule of Impaired Loans by Category

The following are summaries of impaired loans:

	September 30, 2014						June 30, 2014
	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	$	2,977	$	3,196	$	—	$	2,755	$	2,814	$	—
Commercial	3,429		3,429		—		3,147		3,147		—
Commercial construction	275		275		—		—		—		—
Home equity:
Second lien	144		163		—		150		170		—
Other loans:
Commercial	3,031		3,031		—		2,952		2,952		—
Manufactured homes	149		159		—		239		275		—
Consumer other	5		5		—		—		—		—
Total	10,010		10,258		—		9,243		9,358		—
Impaired loans with a valuation allowance:
Mortgage loans on real estate:
Commercial	534		534		10		537		537		11
Total	534		534		10		537		537		11
Total impaired loans	$	10,544	$	10,792	$	10	$	9,780	$	9,895	$	11

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

  Information pertaining to impaired loans for the three months ended September 30, 2014 and 2013 are as follows:

	Three Months Ended September 30, 2014						Three Months Ended September 30, 2013
	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
	(In Thousands)
Mortgage loans on real estate:
One- to four-family	$	2,986	$	14	$	14	$	1,239	$	21	$	15
Commercial	3,971		31		2		7,818		106		106
Home equity:
Second lien	147		4		4		350		5		1
Construction:
Commercial	278		5		—		—		—		—
Commercial	3,052		28		16		4,799		68		36
Consumer:
Manufactured homes	150		4		4		79		1		—
Other	5		—		—		—		—		—
Total loans	$	10,589	$	86	$	40	$	14,285	$	201	$	158

Schedule of Allowance for Loan Losses

Information pertaining to activity in the allowance for loan losses for the three months ended September 30, 2014 and 2013, 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, 2014	$	697		$	2,288		$	204	$	268		$	30	$	472	$	1,216		$	417		$	30		$	29		$	5,651
Charge-offs	(26		)	—			—		(7		)	—		—		—			(14		)	—			(2		)	(49		)
Recoveries	—			—			—		1			—		—		12			—			4			—			17
Provision (credit)	160			128			34		69			2		—		(360		)	115			(4		)	6			150
Balance at September 30, 2014	$	831		$	2,416		$	238	$	331		$	32	$	472	$	868		$	518		$	30		$	33		$	5,769
Balance at June 30, 2013	$	762		$	2,215		$	233	$	302		$	33	$	315	$	1,065		$	432		$	34		$	23		$	5,414
Charge-offs	—			(4		)	—		—			—		—		—			(46		)	—			—			(50		)
Recoveries	—			—			1		—			—		—		1			—			—			11			13
Provision (credit)	—			90			—		—			—		—		—			10			—			—			100
Balance at September 30, 2013	$	762		$	2,301		$	234	$	302		$	33	$	315	$	1,066		$	396		$	34		$	34		$	5,477

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

	At September 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	$	—	$	10	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	10
Non-impaired loans	831		2,406		238		331		32		472		868		518		30		33		5,759
Total allowance for loan losses	$	831	$	2,416	$	238	$	331	$	32	$	472	$	868	$	518	$	30	$	33	$	5,769
Loans:
Impaired loans	$	2,977	$	3,963	$	—	$	144	$	—	$	275	$	3,031	$	149	$	—	$	5	$	10,544
Non-impaired loans	104,520		198,215		35,451		41,669		3,790		34,130		49,368		22,008		6,680		2,905		498,736
Total loans	$	107,497	$	202,178	$	35,451	$	41,813	$	3,790	$	34,405	$	52,399	$	22,157	$	6,680	$	2,910	$	509,280

	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