Other Borrowings

12 Months Ended

Jun. 30, 2015

Other Borrowings [Abstract]

Other Borrowings

Note 8. Other Borrowings

At June 30, 2015, the Company had available a $2.0 million line of credit agreement with a bank, maturing July 18, 2015.  The line is secured by 100 shares of the subsidiary Bank's common stock and bears interest at a rate of 4.25%.  At June 30, 2015, there were no outstanding amounts drawn on this line of credit.  On August 24, 2015, the Company renewed the $2.0 million line of credit agreement through August 24, 2017, with an interest rate of 4.25% changing to a daily variable rate on August 25, 2015.