INCOME TAXES (Tables)

12 Months Ended

Jun. 30, 2017

Income Tax Disclosure [Abstract]

Schedule of Provision for Income Taxes

	2017			2016		2015
	(Dollars in Thousands)
Currently payable:
Federal	$	801		$	659	$	551
State		105			137		98
		906			796		649
Deferred		(58	)		3		9
Total	$	848		$	799	$	658

Schedule of Income Tax Amounts Recorded to Stockholders' Equity

	2017			2016			2015
	(Dollars in Thousands)
Net unrealized (gain) loss on securities available for sale	$	17		$	58		$	85
Net non-credit (gain) loss on securities with OTTI		(44	)		(56	)		(64	)
Net gain (loss) recorded to stockholders’ equity	$	(27	)	$	2		$	21

Schedule of Deferred Tax Assets and Liabilities

	2017		2016
	(Dollars in Thousands)
Deferred tax assets:
Allowance for loan losses	$	147	$	126
Deferred compensation		80		63
Retirement Plan		148		128
Reserve for uncollected interest		2		3
Reserve for off-balance sheet commitments		13		16
OTTI other impairment		120		164
OTTI credit impairment		65		102
Other		90		63
Total gross deferred tax assets		665		665
Deferred tax liabilities:
Net unrealized gain on securities available for sale		24		41
Deferred origination fees, net		193		185
Depreciation reserve		11		31
Other		—		2
Total gross deferred tax liabilities		228		259
Net deferred tax assets	$	437	$	406

Schedule of Reconciliation of Income Taxes

	2017						2016				2015
				% of				% of						% of
				Pretax				Pretax						Pretax
	Amount			Income			Amount	Income			Amount			Income
	(Dollars in Thousands)
Provision at statutory rate	$	845			34.0	%	$ 722		34.0	%	$	682			34.0	%
State income tax, net of federal tax benefit		69			2.8		90		4.2			65			3.2
Tax exempt income		(5	)		(0.2	)	(3)		—			—			—
Bank Owned Life Insurance		(45	)		(1.8	)	(46)		(0.1	)		(48	)		(2.4	)
Other, net		(16	)		(0.7	)	36		1.7			(41	)		(2.0	)
Actual tax expense and effective rate	$	848			34.1	%	$ 799		37.6	%	$	658			32.8	%