Note 6 - Commercial Loans:

12 Months Ended

Jun. 30, 2012

Financing Receivables [Text Block]

Note 6 – Commercial Loans:

The Company’s investment in commercial loans consists of the following:

	June 30,
(in thousands)	2012			2011
Commercial term loans	$	69,221		$	78,353
Commercial real estate loans		13,504			16,425
Revolving lines of credit		3,019			2,148
Total commercial loans		85,744			96,926
Less unearned income and discounts net of initial direct costs		(762	)		(1,129	)
Less allowance for loan losses		(2,072	)		(2,072	)
Net commercial loans	$	82,910		$	93,725