Investment Securities

12 Months Ended

Jun. 30, 2013

Investment Securities

Investment Securities

Note 7.  Investment Securities

The Company uses the specific identification method to determine the cost of securities sold.  The Company had a net gain on investment securities of $699 thousand during the fiscal year ended June 30, 2013, which included an unrealized gain related to securities still held at June 30, 2013 of $75 thousand.  The Company had a net loss on investment securities during the fiscal year ended June 30, 2012 of $103 thousand, which included an unrealized loss related to securities still held at June 30, 2012 of $204 thousand.  The Company had a net gain on investment securities of $206 thousand during the fiscal year ended June 30, 2011, which included an unrealized gain related to securities still held at June 30, 2011 of $132 thousand.