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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Operating activities:    
Net income $ 762 $ 494
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation 103 131
Provision for (recovery of) loan losses (442) 250
Deferred loan origination costs (5) (36)
Amortization of premium on investments 1,048 681
Proceeds from sale of loans 7,639 6,378
Loans disbursed for sale in the secondary market (7,218) (6,539)
Gain on sale of loans (87) (248)
Amortization of intangible asset 39 40
Amortization of acquisition-related loan yield adjustment 162 (61)
Amortization of acquisition-related credit risk adjustment (257) 0
Amortization of acquisition-related CD yield adjustment 0 (4)
Gain on sale of fixed assets (136) 0
Provision for loss on real estate owned 1 9
(Gain) loss on sale of other real estate owned 1 (7)
Increase(decrease) in cash surrender value of life insurance (108) (135)
ESOP shares committed to be released 0 42
Stock-based compensation expense 74 0
Deferred income taxes (63) 110
Effects of change in operating assets and liabilities:    
Accrued interest receivable (123) (169)
Prepaid expenses and other assets 278 326
Accrued interest (4) (2)
Accrued expenses and other 293 (111)
Net cash provided by operating activities 1,957 1,149
Investing activities:    
Proceeds from sale of available for sale investment securities 45 0
Proceeds from maturity of held to maturity securities 24 22
Proceeds from repayment of mortgage-backed securities available for sale 11,155 6,506
Proceeds from sale of fixed assets 425 0
Proceeds from sale of other real estate owned 3 41
Purchases of available for sale investment securities (1,534) (3,934)
Purchases of mortgage-backed securities available for sale (18,226) (17,274)
Net decrease (increase) in loans 7,918 10,325
Purchase of bank owned life insurance 0 182
Capital expenditures (303) (12)
Net cash used in investing activities (493) (4,144)
Financing activities:    
Net increase (decrease) in deposits 3,588 6,096
Repayments of Federal Home Loan Bank advances (5,000) (250)
Dividends paid to stockholders (309) (862)
Net increase (decreases) in advances from borrowers for payment of insurance and taxes 109 203
Net cash provided by (used in) financing activities (1,612) 5,187
Net increase (decrease) in cash and cash equivalents (148) 2,192
Cash and cash equivalents at beginning of period 16,787 29,079
Cash and cash equivalents at end of period $ 16,639 $ 31,271