Related Party Events

12 Months Ended

Jun. 30, 2015

Related Party Events [Abstract]

Related Party Events

Note 15. Related Party Events

In the ordinary course of business, the Bank makes loans to its directors and officers.  These loans are made on substantially the same terms and conditions, including interest rates and collateral, as those prevailing at the same time for comparable transactions with other customers, and do not involve more than normal credit risk or present other unfavorable features.

An analysis of the activity in loans made to such borrowers (both direct and indirect), including lines of credit, is summarized as follows for the years ended June 30, 2015 and 2014:

	2015			2014
	(In Thousands)
Balance – Beginning of Year	$	2,510		$	3,393
Additions		2,488			377
Principal Payments		(1,237	)		(1,260	)
Balance – End of Year	$	3,761		$	2,510

Deposits from related parties held by the Bank at June 30, 2015 and 2014, amounted to $3.3 million and $3.8 million, respectively.