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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2015
Jun. 30, 2014
CASH FLOWS FROM OPERATING ACTIVITIES    
Net Income $ 3,355 $ 2,744
Adjustments to Reconcile Net Income to Net Cash Used in Operating Activities    
Gain on Sale of Loans (2,278) (1,636)
Net Amortization and Accretion on Securities 67 50
Amortization of Deferred Loan Fees (140) (98)
Provision for Loan Losses 300 168
Depreciation of Premises and Equipment 384 303
Gain on Sale of Securities (10) (35)
ESOP Compensation Expense 225 205
Deferred Income Tax Benefit (64) (14)
Stock Option Expense 178 162
Recognition and Retention Plan Expense 235 210
Increase in Cash Surrender Value on Bank Owned Life Insurance (163) (173)
Gain on Sale of Real Estate 0 (129)
Changes in Assets and Liabilities:    
Origination and Purchase of Loans Held-for-Sale (91,633) (89,490)
Sale and Principal Repayments on Loans Held-for-Sale 89,084 85,214
Accrued Interest Receivable 38 (191)
Other Operating Assets (424) (51)
Other Operating Liabilities 130 363
Net Cash Used in Operating Activities (716) (2,398)
CASH FLOWS FROM INVESTING ACTIVITIES    
Loan Originations and Principal Collections, Net (29,052) (33,684)
Deferred Loan Fees Collected 29 131
Acquisition of Premises and Equipment (2,117) (2,634)
Proceeds from Sale of Real Estate 0 566
Activity in Available-for-Sale Securities:    
Proceeds from Sales of Securities 1,963 13,019
Principal Payments on Mortgage-Backed Securities 11,263 9,844
Purchases (9,843) (23,158)
Activity in Held-to-Maturity Securities:    
Redemption Proceeds 698 488
Purchases (943) (787)
Net Cash Used in Investing Activities (28,002) (36,215)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net Increase in Deposits 13,943 60,373
Proceeds from Advances from Federal Home Loan Bank 809,800 605,850
Repayments of Advances from Federal Home Loan Bank (784,286) (614,615)
Dividends Paid (613) (551)
Company Stock Purchased (2,923) (2,325)
Net Decrease in Advances from Borrowers for Taxes and Insurance 150 150
Proceeds from Other Bank Borrowings 550 300
Repayment of Other Bank Borrowings (550) (800)
Proceeds from Stock Options Exercised 180 179
Net Cash Provided by Financing Activities 36,251 48,561
NET INCREASE IN CASH AND CASH EQUIVALENTS 7,533 9,948
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR 13,633 3,685
CASH AND CASH EQUIVALENTS, END OF YEAR 21,166 13,633
SUPPLEMENTAL DISCLOSURE OF CASH FLOW INFORMATION    
Interest Paid on Deposits and Borrowed Funds 2,459 2,341
Income Taxes Paid 1,584 1,286
Market Value Adjustment for Loss on Securities Available-for-Sale $ (109) $ 194