NET LOANS RECEIVABLE (Tables)

12 Months Ended

Jun. 30, 2016

Receivables [Abstract]

Schedule of Primary Segments of Loan Portfolio

	June 30, 2016							June 30, 2015
	Total Loans			Individually evaluated for impairment		Collectively evaluated for impairment		Total Loans			Individually evaluated for impairment		Collectively evaluated for impairment
	(Dollars in Thousands)
First mortgage loans:
1 – 4 family dwellings	$	49,411		$	—	$	49,411	$	28,620		$	—	$	28,620
Construction		4,783			—		4,783		3,032			—		3,032
Land acquisition & development		666			—		666		653			—		653
Multi-family dwellings		3,961			—		3,961		6,084			—		6,084
Commercial		1,592			—		1,592		3,395			49		3,346
Consumer Loans
Home equity		802			—		802		1,175			—		1,175
Home equity lines of credit		1,900			—		1,900		1,917			—		1,917
Other		150			—		150		211			—		211
Commercial Loans		1,456			—		1,456		1,251			—		1,251
Obligations (other than securities and leases) of states and political subdivisions		—			—		—		—			—		—
	$	64,721		$	—	$	64,721	$	46,338		$	49	$	46,289
Less: Deferred loan costs		312							129
Allowance for loan losses		(360	)						(304	)
Total	$	64,673						$	46,163

Schedule of Impaired Loans

	June 30, 2016		June 30, 2015
	(Dollars in Thousands)
Impaired loans with an allocated allowance:
Home equity lines of credit	$	—	$	—
Impaired loans without an allocated allowance:
Commercial real estate loans		—		49
Home equity lines of credit		—		—
Total impaired loans	$	—	$	49
Allocated allowance on impaired loans:
Commercial real estate loans	$	—	$	—
Home equity lines of credit		—		—
Total	$	—	$	—
Average impaired loans:
Construction loans	$	—	$	—
Land acquisition & development loans		—		—
Commercial real estate loans		12		49
Home equity lines of credit		—		107
Total	$	12	$	156
Income recognized on impaired loans:
Construction loans	$	—	$	—
Land acquisition & development loans		—		—
Commercial real estate loans		1		3
Home equity lines of credit		—		5
Total	$	1	$	8

Schedule of Nonaccrual Loans

	June 30, 2016		June 30, 2015
	(Dollars in Thousands)
Principal outstanding:
1 – 4 family dwellings	$	254	$	260
Construction		—		—
Land acquisition & development		—		—
Commercial real estate		—		49
Home equity lines of credit		—		—
Total	$	254	$	309
Average nonaccrual loans:
1 – 4 family dwellings	$	257	$	289
Construction		—		—
Land acquisition & development		—		—
Commercial real estate		12		49
Home equity lines of credit		—		107
Total	$	269	$	445
Income that would have been recognized	$	17	$	25
Interest income recognized	$	24	$	32
Interest income foregone	$	—	$	1

Schedule of Recorded Investment and Number of Modifications for Modified Loans

	June 30, 2015
	Number of Contracts		Pre-Modification Outstanding Recorded Investment		Post-Modification Outstanding Recorded Investment
	(Dollars in Thousands)
Troubled debt restructurings:
Commercial real estate loans		1	$	49	$	49
Troubled debt restructurings that subsequently defaulted:
Commercial real estate loans		—	$	—	$	—

Schedule of Loans by Aging Categories

	Current		30 – 59 Days Past Due		60 – 89 Days Past Due		90 Days + Past Due Accruing		90 Days + Past Due Non-accrual		Total Past Due		Total Loans
	(Dollars in Thousands)
June 30, 2016
First mortgage loans:
1 – 4 family dwellings	$	49,157	$	—	$	—	$	—	$	254	$	254	$	49,411
Construction		4,783		—		—		—		—		—		4,783
Land acquisition & development		666		—		—		—		—		—		666
Multi-family dwellings		3,961		—		—		—		—		—		3,961
Commercial		1,592		—		—		—		—		—		1,592
Consumer Loans
Home equity		802		—		—		—		—		—		802
Home equity lines of credit		1,900		—		—		—		—		—		1,900
Other		150		—		—		—		—		—		150
Commercial Loans		1,456		—		—		—		—		—		1,456
Obligations (other than securities and leases) of states and political subdivisions		—		—		—		—		—		—		—
	$	64,467	$	—	$	—	$	—	$	254	$	254		64,721
Deferred loan costs														312
Allowance for loan losses														(360	)
Net Loans Receivable													$	64,673
	Current		30 – 59 Days Past Due		60 – 89 Days Past Due		90 Days + Past Due Accruing		90 Days + Past Due Non-accrual		Total Past Due		Total Loans
	(Dollars in Thousands)
June 30, 2015
First mortgage loans:
1 – 4 family dwellings	$	28,327	$	—	$	33	$	—	$	260	$	293	$	28,620
Construction		3,032		—		—		—		—		—		3,032
Land acquisition & development		653		—		—		—		—		—		653
Multi-family dwellings		6,084		—		—		—		—		—		6,084
Commercial		3,335		11		—		—		49		60		3,395
Consumer Loans
Home equity		1,175		—		—		—		—		—		1,175
Home equity lines of credit		1,917		—		—		—		—		—		1,917
Other		211		—		—		—		—		—		211
Commercial Loans		1,251		—		—		—		—		—		1,251
Obligations (other than securities and leases) of states and political subdivisions		—		—		—		—		—		—		—
	$	45,985	$	11	$	33	$	—	$	309	$	353		46,338
Deferred loan costs														129
Allowance for loan losses														(304	)
Net Loans Receivable													$	46,163

Schedule of Loans by Internal Classification

	June 30, 2016
	Construction		Land Acquisition & Development Loans		Multi-family Residential		Commercial Real Estate		Commercial		Obligations (other than securities and leases) of States and Political Subdivisions
	(Dollars in Thousands)
Pass	$	4,783	$	666	$	3,961	$	1,592	$	1,456	$	—
Special Mention		—		—		—		—		—		—
Substandard		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—
Ending Balance	$	4,783	$	666	$	3,961	$	1,592	$	1,456	$	—

	June 30, 2015
	Construction		Land Acquisition & Development Loans		Multi-family Residential		Commercial Real Estate		Commercial		Obligations (other than securities and leases) of States and Political Subdivisions
	(Dollars in Thousands)
Pass	$	3,032	$	445	$	6,084	$	3,346	$	1,251	$	—
Special Mention		—		—		—		—		—		—
Substandard		—		208		—		49		—		—
Doubtful		—		—		—		—		—		—
Ending Balance	$	3,032	$	653	$	6,084	$	3,395	$	1,251	$	—

Schedule of Performing and Non-Performing Loans

	June 30, 2016
	1 – 4 Family		Consumer
	(Dollars in Thousands)
Performing	$	49,157	$	2,852
Non-performing		254		—
Total	$	49,411	$	2,852
	June 30, 2015
	1 – 4 Family		Consumer
	(Dollars in Thousands)
Performing	$	28,360	$	3,303
Non-performing		260		—
Total	$	28,620	$	3,303