QUARTERLY FINANCIAL DATA (UNAUDITED)

12 Months Ended

Jun. 30, 2015

Quarterly Financial Information Disclosure [Abstract]

Quarterly Financial Information [Text Block]

NOTE 20 – QUARTERLY FINANCIAL DATA (UNAUDITED)

The following tables present quarterly financial information for the Company for 2015 and 2014:

	For the year ended June 30, 2015
	(In thousands)
	Fourth		Third		Second		First
	quarter		quarter		quarter		quarter
Interest income	$	3,882	$	3,782	$	3,807	$	3,761
Interest expense		558		557		583		677
Net interest income		3,324		3,225		3,224		3,084
Provision for (recovery of) loan losses		(104)		(289)		36		9
Net interest income after provision for (recovery of) loan losses		3,428		3,514		3,188		3,075
Other income		856		683		973		884
Other expense		3,467		3,355		3,412		3,406
Income before income taxes		817		842		749		553
Provision for income taxes		122		148		81		74
Net income	$	695	$	694	$	668	$	479

	For the year ended June 30, 2014
	(In thousands)
	Fourth		Third		Second		First
	quarter		quarter		quarter		quarter
Interest income	$	3,679	$	3,752	$	3,768	$	3,759
Interest expense		648		622		638		748
Net interest income		3,031		3,130		3,130		3,011
Provision for loan losses		160		75		75		(442)
Net interest income after provision for loan losses		2,871		3,055		3,055		3,453
Other income		747		887		1,011		1,052
Other expense		3,244		3,206		3,294		3,448
Income before income taxes		374		736		772		1,057
Provision for income taxes		21		153		190		295
Net income	$	353	$	583	$	582	$	762