DISCLOSURES ABOUT FAIR VALUE OF ASSETS AND LIABILITIES (Tables)

3 Months Ended

Sep. 30, 2013

Fair Value Disclosures [Abstract]

Fair Value, by Balance Sheet Grouping [Table Text Block]

The estimated fair values of the Company’s financial instruments at September 30, 2013 and June 30, 2013 are as follows:

	September 30, 2013				June 30, 2013
	Carrying Amounts		Fair Value		Carrying Amounts		Fair Value
	(In thousands)
Financial assets:
Cash and due from banks	$	16,639	$	16,639	$	16,787	$	16,787
Investment securities available for sale		33,174		33,174		32,013		32,013
Investment securities held to maturity		393		393		417		417
Mortgage-backed securities		175,261		175,261		170,117		170,117
Loans receivable and loans receivable held for sale		247,285		247,763		254,995		253,472
Accrued interest receivable		1,759		1,759		1,636		1,636
Investment in FHLB stock		6,588		6,588		6,588		6,588
Financial liabilities:
Deposits		424,831		426,396		421,243		422,987
Accrued interest payable		25		25		29		29
FHLB advance		10,000		9,881		15,000		14,850
Off-balance sheet items	$	—	$	—	$	—	$	—

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

Fair value measurements for certain assets and liabilities measured at fair value on a recurring basis:

					Significant		Significant
			Quoted prices in		other		other
			active markets		observable		unobservable
			for identical		inputs		inputs
	Total		assets (Level 1)		(Level 2)		(Level 3)
	(In thousands)
September 30, 2013:
Mortgage-backed securities	$	175,261	$	—	$	175,261	$	—
Municipal bonds		33,010		—		33,010		—
Other equity securities		164		164		—		—
Mortgage servicing rights(1)		641		—		641		—
June 30, 2013:
Mortgage-backed securities	$	170,117	$	—	$	170,117	$	—
Municipal bonds		31,851		—		31,851		—
Other equity securities		162		162		—		—

⁽¹⁾ Effective July 1, 2013, the Company changed its accounting method for mortgage servicing rights from the amortization method to the fair value measurement method, as permitted in accordance with FASB ASC 860-50, “Servicing Assets and Liabilities”. In accordance with ASC 860-50, the Company recorded an adjustment at the beginning of the period to retained earnings for the value of such servicing rights at that date.

Fair Value Assets Liabilities Measured on Nonrecurring Basis [Table Text Block]

Fair value measurements for certain assets and liabilities measured at fair value on a nonrecurring basis:

	Total		Quoted prices in active markets for identical assets (Level 1)		Significant other observable inputs (Level 2)		Significant other unobservable inputs (Level 3)
	(In thousands)
September 30, 2013:
Other real estate owned	$	613	$	—	$	613	$	—
Loans held for sale		83		—		83		—
Impaired loans		20,661		—		20,661		—
June 30, 2013:
Other real estate owned	$	618	$	—	$	618	$	—
Loans held for sale		417		—		417		—
Impaired loans		23,920		—		23,920		—

Fair Value Assets Liabilities Measured on Recurring and Nonrecurring Basis [Table Text Block]

The following table presents fair value measurements for the Company’s financial instruments which are not recognized at fair value in the accompanying statements of financial position on a recurring or nonrecurring basis.

			Quoted prices		Significant		Significant
			in active		other		other
			markets for		observable		unobservable
			identical assets		inputs		inputs
	Total		(Level 1)		(Level 2)		(Level 3)
September 30, 2013:
Financial assets:
Cash and interest bearing deposits	$	16,639	$	16,639	$	—	$	—
Investment securities held to maturity		393		—		393		—
Loans receivable and loans held for sale		247,763		—		247,763		—
Accrued interest receivable		1,759		—		1,759		—
Investment in FHLB stock		6,588		—		6,588		—
Financial liabilities:
Deposits		426,396		—		426,396		—
Accrued interest payable		25		—		25		—
FHLB advances		9,881		—		9,881		—
June 30, 2013:
Financial assets:
Cash and interest bearing deposits	$	16,787	$	16,787	$	—	$	—
Investment securities held to maturity		417		—		417		—
Loans receivable and loans held for sale		253,472		—		253,472		—
Accrued interest receivable		1,636		—		1,636		—
Investment in FHLB stock		6,588		—		6,588		—
Financial liabilities:
Deposits		422,987		—		422,987		—
Accrued interest payable		29		—		29		—
FHLB advances		14,850		—		14,850		—