Transactions with Related Parties

9 Months Ended

Mar. 31, 2015

Transactions with Related Parties

Transactions with Related Parties

Note 17.Transactions with Related Parties

In the ordinary course of business, the Company granted loans to principal officers, directors, and their affiliates.  Annual activity consisted of the following:

	Nine Months Ended			Year ended
	March 31, 2015			June 30, 2014
Beginning balance	$	1,603,501		$	838,516
New loans or transfers in	4,234,366			5,250,146
Repayments or transfers out	(4,559,090		)	(4,485,161		)
Ending balance	$	1,278,777		$	1,603,501

Deposits from principal officers, directors, and their affiliates at March 31, 2015 and June 30, 2014 approximated $342,000 and $314,000, respectively.