Note 6 - Commercial Loans

12 Months Ended

Jun. 30, 2015

Commercial Loan [Member]

Note 6 - Commercial Loans [Line Items]

Financing Receivables [Text Block]

Note 6 – Commercial Loans:

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

	June 30,
	2015			2014
	(in thousands)
Commercial term loans	$	238,973		$	121,236
Commercial real estate loans		7,531			7,920
Revolving lines of credit		585			2,471
Total commercial loans		247,089			131,627
Less unearned income and discounts		(580	)		(469	)
Less allowance for loan losses		(3,047	)		(1,972	)
Net commercial loans	$	243,462		$	129,186

In addition to the amount outstanding on revolving lines of credit set forth above, the Company had additional unused commitments on revolving lines of credit in the amount of $7.4 million at June 30, 2015 and $13.3 million at June 30, 2014. The Company has recorded a liability for unfunded loan commitments of $50,000 at June 30, 2015 and $25,000 at June 30, 2014 related to such commitments.