MORTGAGE-BACKED SECURITIES (Tables)

3 Months Ended

Sep. 30, 2012

MORTGAGE-BACKED SECURITIES [Abstract]

Schedule of the Company's Collateralized Mortgage Obligations

	At September 30, 2012
		Rating			Book Value		Fair Value 1			Life to Date Impairment Recorded in Earnings
Cusip #	Security Description	S&P	Moody's	Fitch	(Dollars in Thousands)
05949A2H2	BOAMS 2005-3 1A6	N/A	Ba2	A	$	136	$	135	2	$	-
05949A2H2	BOAMS 2005-3 1A6	N/A	Ba2	A		174		172	2		-
225458JZ2	CSFB 05-3 3A4	BBB	N/A	A		791		782	2		-
225458KE7	CSFB 2005-3 3A9	BBB	N/A	A		111		108			-
225458KE7	CSFB 2005-3 3A9	BBB	N/A	A		337		325			-
12669G3A7	CWHL 2005 16 A8	N/A	B2	CC		62		62			-
12669G3A7	CWHL 2005 16 A8	N/A	B2	CC		113		112			-
12669G3A7	CWHL 2005 16 A8	N/A	B2	CC		155		154			-
12669G3A7	CWHL 2005 16 A8	N/A	B2	CC		169		168			-
126694CP1	CWHL SER 21 A11	N/A	Caa2	CC		3,295		3,841			201
126694KF4	CWHL SER 24 A15	CC	N/A	CC		488		563			33
126694KF4	CWHL SER 24 A15	CC	N/A	CC		976		1,125			66
16162WLW7	CHASE SER S2 A10	N/A	B2	BBB		179		177	2		-
16162WLW7	CHASE SER S2 A10	N/A	B2	BBB		251		248	2		-
126694MP0	CWHL SER 26 1A5	CC	N/A	CC		592		606			24
					$	7,829	$	8,578		$	324

Schedule of Amortized Cost and Fair Values of Mortgage-Backed Securities

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
	(Dollars in Thousands)
September 30, 2012
HELD TO MATURITY
Collateralized mortgage obligations:
Agency	$	76,870	$	127	$	(17	)	$	76,980
Private-label		7,829		784		(35	)		8,578
Total	$	84,699	$	911	$	(52	)	$	85,558

	Amortized Cost		Gross Unrealized Gains		Gross Unrealized Losses			Fair Value
	(Dollars in Thousands)
June 30, 2012
HELD TO MATURITY
Collateralized mortgage obligations:
Agency	$	69,146	$	99	$	(24	)	$	69,221
Private-label		9,940		740		(88	)		10,592
Total	$	79,086	$	839	$	(112	)	$	79,813

Schedule of Mortgage-Backed Securities by Contractual Maturity

	Due in one year or less			Due after one through five years			Due after five through ten years			Due after ten years			Total
		(Dollars in Thousands)
HELD TO MATURITY
Amortized cost		$	-		$	-		$	-		$	84,699		$	84,699
Fair value		$	-		$	-		$	-		$	85,558		$	85,558