INVESTMENT SECURITIES (Tables)

3 Months Ended

Sep. 30, 2013

Investments, Debt and Equity Securities [Abstract]

Schedule of Available-for-sale Securities Reconciliation [Table Text Block]

Investment securities available for sale at September 30, 2013 consisted of the following:

	Amortized  Cost		Gross  Unrealized  Gains		Gross  Unrealized  Losses		Estimated  Market  Value
Mortgage-backed securities	$	178,533	$	213	$	3,485	$	175,261
Municipal bonds		34,351		201		1,542		33,010
Other equity securities		210		—		46		164
	$	213,094	$	414	$	5,073	$	208,435

Investment securities available for sale at June 30, 2013 consisted of the following:

	Amortized  Cost		Gross  Unrealized  Gains		Gross  Unrealized  Losses		Estimated  Market  Value
Mortgage-backed securities	$	172,478	$	181	$	2,542	$	170,117
Municipal bonds		32,894		239		1,282		31,851
Other equity securities		210		—		48		162
	$	205,582	$	420	$	3,872	$	202,130

Held-to-maturity Securities [Table Text Block]

Investment securities held to maturity at September 30, 2013 consisted of the following:

	Amortized  Cost		Gross  Unrealized  Gains		Gross  Unrealized  Losses		Estimated  Market  Value
Municipal Bonds	$	393	$	—	$	—	$	393

Investment securities held to maturity at June 30, 2013 consisted of the following:

	Amortized  Cost		Gross  Unrealized  Gains		Gross  Unrealized  Losses		Estimated  Market  Value
Municipal Bonds	$	417	$	—	$	—	$	417

Schedule of Available-for-sale Contractual Maturities [Table Text Block]

The mortgage-backed securities, callable bonds and municipal bonds available for sale have the following maturities at September 30, 2013:

	Amortized  cost		Estimated  market value
Due or callable in one year or less	$	-	$	-
Due or callable in 1 - 5 years		136,834		134,839
Due or callable in 5 - 10 years		66,609		64,641
Due or callable in greater than 10 years		9,441		8,791
Total debt securities	$	212,884	$	208,271

Schedule of Held-for-sale Contractual Maturities [Table Text Block]

The expected returns of principal of investments held to maturity are as follows as of September 30, 2013

(dollars in thousands):

October 1, 2013 through June 30, 2014	$	25
2015		117
2016		56
2017		61
2018		65
2018 and thereafter		69
	$	393

Schedule of Investment Securities and Mortgage Backed Securities [Table Text Block]

The table below indicates the length of time individual investment securities and mortgage-backed securities have been in a continuous loss position at September 30, 2013:

	Less than 12 months				12 months or longer				Total
	Fair Value		Unrealized  Losses		Fair Value		Unrealized  Losses		Fair Value		Unrealized  Losses
	(In thousands)
Mortgage-backed securities	$	130,399	$	3,150	$	18,939	$	335	$	149,338	$	3,485
Municipal bonds		26,503		1,541		238		1		26,741		1,542
Other equity securities		-		-		164		46		164		46
	$	156,902	$	4,691	$	19,341	$	382	$	176,243	$	5,073
Number of investments		93				8				101