v2.4.0.6
SHORT-TERM BORROWINGS (Tables)
12 Months Ended
Jun. 30, 2012
Debt Disclosure [Abstract]  
Schedule of Short-term Debt [Table Text Block]

Short-term borrowings consisted of repurchase agreements. Repurchase agreements are financing arrangements. Physical control is maintained for all securities pledged to secure repurchase agreements. Information concerning all short-term borrowings at June 30, maturing in less than one year is summarized as follows:

 

    2012     2011  
Balance at June 30   $ 13,722     $ 17,012  
Average balance during the year     15,293       14,892  
Maximum month-end balance     17,636       18,169  
Average interest rate during the year     0.19 %     0.30 %
Weighted average rate, June 30     0.16 %     0.27 %