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Note 6 - Commercial Loans
 12 Months Ended
Jun. 30, 2017
Notes to Financial Statements  
Financing Receivables [Text Block]
Note
6
– Commercial Loans
:
 
The Company’s investment in commercial loans consists of the following:
 
   
June 30,
  
   
2017
  
2016
  
    (in thousands)  
Commercial term loans   $
304,045
 
   $
399,239
 
  
Commercial real estate loans    
4,387
 
    
6,682
 
  
Revolving lines of credit    
3,248
 
    
3,405
 
  
Total commercial loans    
311,680
 
    
409,326
 
  
Less unearned income and discounts    
(467
)
    
(1,018
)
  
Less allowance for loan losses    
(5,204
)
    
(4,572
)
  
Net commercial loans   $
306,009
 
   $
403,736
 
  
 
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
$3.2
million at
June 30, 2017
and
$524,000
at
June 30, 2016.