Note 10 - Deposits

12 Months Ended

Jun. 30, 2015

Disclosure Text Block [Abstract]

Deposit Liabilities Disclosures [Text Block]

Note 10 – Deposits:

The composition of deposits is as follows:

	June 30, 2015				June 30, 2014
	(dollars in thousands)
Non-interest bearing deposits
Demand deposits	$	2,193	0.5	%	$	1,060	0.3	%
Interest-bearing deposits
Demand deposits		2,715	0.6	%		1,168	0.3	%
Savings deposits		65,539	13.9	%		63,355	17.8	%
Time certificates of deposits		401,459	85.0	%		290,227	81.6	%
Total Deposits	$	471,906	100.0	%	$	355,810	100.0	%

Included in savings deposits at June 30, 2015 is a deposit in the amount of $21.0 million from an affiliate, as defined in Rule 12b-2 of the Securities Exchange Act of 1934, of the Company. The terms of such account are the same terms offered on similar accounts to non-affiliated depositors.

Time certificates of deposits with balances of more than $250,000 were $82.2 million and $47.3 million at June 30, 2015 and 2014, respectively.

At June 30, 2015, the scheduled maturities of time certificates of deposit are as follows:

Years Ending:	(in thousands)
2016	$	321,157
2017		67,339
2018		12,963
Total time certificates of deposit	$	401,459