Note 6.

Deposits

Deposits at June 30, 2015 and 2014, are summarized as follows:

	Weighted			Weighted
	Average			Average
	Rate at			Rate at			2015					2014
	6/30/2015			6/30/2014			Amount		Percent			Amount		Percent
							(Dollars in Thousands)

Non-Interest Bearing		0.00	%		0.00	%	$	45,024		15.73	%	$	43,447		15.95	%
NOW Accounts		1.11	%		0.88	%		31,214		10.90			24,015		8.82
Money Market		0.31	%		0.33	%		45,593		15.93			72,240		26.53
Passbook Savings		0.32	%		0.20	%		18,435		6.44			12,165		4.47
								140,266		49.00			151,867		55.77

Certificates of Deposit		1.26	%		1.28	%		145,972		51.00			120,428		44.23

Total Deposits							$	286,238		100.00	%	$	272,295		100.00	%

The composition of certificates of deposit accounts by interest rate is as follows:

	2015					2014
	Amount		Percent			Amount		Percent
	(Dollars in Thousands)

0.00% to 0.99%	$	57,103		39.12	%	$	46,786		38.85	%
1.00% to 1.99%		68,242		46.75			43,105		35.80
2.00% to 2.99%		15,943		10.92			17,780		14.76
3.00% to 3.99%		4,684		3.21			12,757		10.59

Total Deposits	$	145,972		100.00	%	$	120,428		100.00	%

Maturities of certificates of deposit accounts at June 30, 2015, are scheduled as follows:

						Weighted
Year Ending						Average
June 30,	Amount		Percent			Rate
	(Dollars in Thousands)

2016	$	65,977		45.20	%		1.01	%
2017		29,098		19.93			1.34	%
2018		19,857		13.60			1.43	%
2019		10,462		7.17			1.69	%
2020		18,524		12.69			1.83	%
2021		2,054		1.41			2.01	%
Total	$	145,972		100.00	%

Interest expense on deposits for the years ended June 30, 2015 and 2014, was as follows:

	2015		2014
	(In Thousands)

NOW and Money Market	$	369	$	390
Passbook Savings		34		23
Certificates of Deposit		1,831		1,745

Total	$	2,234	$	2,158

The aggregate amount of time deposits in denominations of $100,000 or more at June 30, 2015 and 2014, was $84.6 million and $68.3 million, respectively.

At June 30, 2015 and 2014, the Bank had brokered certificates of deposit totaling $12.7 million. The brokered certificates of deposit are callable by the Bank after twelve months.

Included in money market accounts at June 30, 2014, was a non-recurring deposit that had a balance of $30.6 million. The deposit was short-term in nature and withdrawn as of September 30, 2014.