FEDERAL HOME LOAN BANK (FHLB) ADVANCES (Tables)

6 Months Ended

Dec. 31, 2016

Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures [Abstract]

Schedule of Contractual Maturities of Federal Home Loan Bank Long-Term Advances

The following table presents contractual maturities of FHLB long-term advances as of December 31, 2016 and June 30, 2016.

	Maturity range				Weighted- average		Stated interest rate range							December 31,			June 30,
Description	from		to		interest rate 6		from			to				2016			2016
														(Dollars in Thousands)
Convertible		07/27/17		07/27/17		4.26%		4.26	%		4.26	%	$		10,000	$		10,000
Adjustable		08/11/17		09/01/17		0.81%		0.79	%		0.82	%			6,109			6,109
Total													$		16,109	$		16,109

Maturities of Federal Home Loan Bank Long-Term Advances

Maturities of FHLB long-term advances at December 31, 2016, are summarized as follows:

Maturing During Fiscal Year Ended                      June 30:		Amount	Weighted- Average Interest         Rate
		(Dollars in Thousands)
2017	$	-		-
2018		16,109		2.95	%
2019		-		-
2020		-		-
2021 and thereafter		-		-
Total	$	16,109		2.95	%

Schedule of Federal Home Loan Bank Short-Term Advances

The following table presents information regarding such advances as of December 31, 2016 and June 30, 2016:

		December 31,         2016				June 30,         2016
		(Dollars in Thousands)
FHLB revolving and short-term advances:
Ending balance	$		146,074		$		144,027
Average balance			141,404				47,413
Maximum month-end balance			148,216				144,027
Average interest rate			0.59	%			0.50	%
Weighted-average rate			0.75	%			0.54	%