v2.4.0.6
Loans (Tables)
 6 Months Ended
Dec. 31, 2012
Receivables [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

Major classifications of loans were as follows:

 

  December 31,
2012		  June 30,
2012		 
Commercial $24,288  $23,041 
Commercial real estate:        
Construction  2,385   1,546 
Other  116,307   110,775 
1 – 4 Family residential real estate:        
Owner occupied  32,794   34,000 
Non-owner occupied  18,686   18,794 
Construction  344   187 
Consumer  11,225   9,407 
Subtotal  206,029   197,750 
Less: Net deferred loan fees  (343)  (320)
      Allowance for loan losses  (2,367)  (2,335)
Net Loans $203,319  $195,095 
Allowance for Credit Losses on Financing Receivables [Table Text Block]

The following table presents the activity in the allowance for loan losses by portfolio segment for the three months ending December 31, 2012: 

   Commercial   Commercial Real
Estate		   1-4 Family
Residential
Real Estate		   Consumer   Total 
Allowance for loan losses:                    
Beginning balance $145  $1,275  $677  $241  $2,338 
Provision for loan losses  —   37   (33)  52   56 
Loans charged-off  —   (24)  —   (21)  (45)
Recoveries  —   —   —   18   18 
Total ending allowance balance $145  $1,288  $644  $290  $2,367 

 

The following table presents the activity in the allowance for loan losses by portfolio segment for the six months ended December 31, 2012:

   Commercial   Commercial Real
Estate		   1-4 Family
Residential
Real Estate		   Consumer   Total 
Allowance for loan losses:                    
Beginning balance $143  $1,283  $712  $197  $2,335 
Provision for loan losses  6   29   (53)  99   81 
Loans charged-off  (4)  (24)  (15)  (40)  (83)
Recoveries  —   —   —   34   34 
Total ending allowance balance $145  $1,288  $644  $290  $2,367 
Loans Evaluated For Impairment [Table Text Block]

The following table presents the activity in the allowance for loan losses by portfolio segment for the three months ending December 31, 2011:

   Commercial   Commercial Real
Estate		   1-4 Family
Residential
Real Estate		   Consumer   Total 
Allowance for loan losses:                    
Beginning balance $97  $1,054  $845  $91  $2,087 
Provision for loan losses  21   (89)  50   85   67 
Loans charged-off  —   —   —   (50)  (50)
Recoveries  —   —   5   17   22 
Total ending allowance balance $118  $965  $900  $143  $2,126 

 

The following table presents the activity in the allowance for loan losses by portfolio segment for the six months ending December 31, 2011:

   Commercial   Commercial Real
Estate		   1-4 Family
Residential
Real Estate		   Consumer   Total 
Allowance for loan losses:                    
Beginning balance $179  $882  $947  $93  $2,101 
Provision for loan losses  (61)  83   17   120   159 
Loans charged-off  —   —   (69)  (100)  (169)
Recoveries  —   —   5   30   35 
Total ending allowance balance $118  $965  $900  $143  $2,126
Impaired Financing Receivables [Table Text Block]

The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of December 31, 2012. Included in the recorded investment in loans is $528 of accrued interest receivable net of deferred loan fees of $343.

   Commercial   Commercial Real
Estate		   1-4 Family
Residential
Real Estate		   Consumer   Total 
Allowance for loan losses:                    
Ending allowance balance attributable to loans:                
Individually evaluated for impairment $42  $70  $269  $—  $381 
Collectively evaluated for impairment  103   1,218   375   290   1,986 
Total ending allowance balance $145  $1,288  $644  $290  $2,367 
                     
Recorded investment in loans:                    
Loans individually evaluated for impairment $86  $608  $1,401  $—  $2,095 
Loans collectively evaluated for impairment  24,264   118,112   50,535   11,208   204,119 
Total ending loans balance $24,350  $118,720  $51,936  $11,208  $206,214 

 

The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of June 30, 2012. Included in the recorded investment in loans is $494 of accrued interest receivable net of deferred loan fees of $320.

   Commercial   Commercial Real
Estate		   1-4 Family
Residential
Real Estate		   Consumer   Total 
Allowance for loan losses:                    
Ending allowance balance attributable to loans:                    
Individually evaluated for impairment $50  $82  $258  $—  $390 
Collectively evaluated for impairment  93   1,201   454   197   1,945 
Total ending allowance balance $143  $1,283  $712  $197  $2,335 
                     
Recorded investment in loans:                
Loans individually evaluated for impairment $148  $996  $1,417  $—  $2,561 
Loans collectively evaluated for impairment  22,940   111,352   51,683   9,388   195,363 
Total ending loans balance $23,088  $112,348  $53,100  $9,388  $197,924 
Investment In Non-Accrual and Loans Past Due Over 90 Days [Table Text Block]

The following table presents information related to loans individually evaluated for impairment by class of loans as of and for the six months ended December 31, 2012:

 

    Unpaid           Allowance for     Average     Interest     Cash Basis  
    Principal     Recorded     Loan Losses     Recorded     Income     Interest  
    Balance     Investment     Allocated     Investment     Recognized     Recognized  
With no related allowance recorded:                                                
Commercial   $ —     $ —     $ —     $ 5     $ —     $ —  
Commercial real estate:                                                
Other     1       1       —       60       —       —  
1-4 Family residential real estate:                                                
Owner occupied     81       81       —       81       —       —  
Non-owner occupied     57       58       —       57       2       2  
With an allowance recorded:                                                
Commercial     86       86       42       107       8       8  
Commercial real estate:                                                
Other     607       607       70       806       63       63  
1-4 Family residential real estate:                                                
Owner occupied     330       328       45       315       —       —  
Non-owner occupied     933       934       224       942       12       12  
Total   $ 2,095     $ 2,095     $ 381     $ 2,373     $ 85     $ 85  

  

The following table presents information related to average recorded investment and interest income associated with loans individually evaluated for impairment by class of loans for the three months ended December 31, 2012:

 

    Average     Interest     Cash Basis  
    Recorded     Income     Interest  
    Investment     Recognized     Recognized  
With no related allowance recorded:                        
Commercial real estate:                        
Other   $ 18     $ —     $ —  
1-4 Family residential real estate:                        
Owner occupied     81       —       —  
Non-owner occupied     57       1       1  
With an allowance recorded:                        
Commercial     92       8       8  
Commercial real estate:                        
Other     750       61       61  
1-4 Family residential real estate:                        
Owner occupied     316       —       —  
Non-owner occupied     937       6       6  
Total   $ 2,251     $ 76     $ 76  

  

The following table presents information related to loans individually evaluated for impairment by class of loans as of June 30, 2012 and for the six months ended December 31, 2011:

 

    As of June 30, 2012     Six Months ended December 31, 2011  
    Unpaid         Allowance for     Average     Interest     Cash Basis  
    Principal     Recorded     Loan Losses     Recorded     Income     Interest  
    Balance     Investment     Allocated     Investment     Recognized     Recognized  
With no related allowance recorded:                                                
Commercial   $ 12     $ 12     $ —     $ 44     $ —     $ —  
Commercial real estate:                                                
Other     144       144       —       633       3       3  
1-4 Family residential real estate:                                                
Owner occupied     238       238       —       96       2       2  
Non-owner occupied     64       65       —       54       2       2  
With an allowance recorded:                                                
Commercial     136       136       50       61       —       —  
Commercial real estate:                                                
Other     851       852       82       760       11       11  
1-4 Family residential real estate:                                                
Owner occupied     160       160       13       218       6       6  
Non-owner occupied     952       954       245       917       —       —  
Total   $ 2,557     $ 2,561     $ 390     $ 2,783     $ 24     $ 24  

 

The following table presents information related to average recorded investment and interest income associated with loans individually evaluated for impairment by class of loans for the three months ended December 31, 2011:

 

    Average     Interest     Cash Basis  
    Recorded     Income     Interest  
    Investment     Recognized     Recognized  
With no related allowance recorded:                        
Commercial   $ 43     $ —     $ —  
Commercial real estate:                        
Other     630       —       —  
1-4 Family residential real estate:                        
Owner occupied     95       —       —  
Non-owner occupied     65       2       2  
With an allowance recorded:                        
Commercial     60       —       —  
Commercial real estate:                        
Other     758       6       6  
1-4 Family residential real estate:                        
Owner occupied     218       4       4  
Non-owner occupied     949       —       —  
Total   $ 2,818     $ 12     $ 12  
Past Due Financing Receivables [Table Text Block]

The following table presents the recorded investment in non-accrual and loans past due over 90 days still on accrual by class of loans as of December 31, 2012 and June 30, 2012:

    December 31, 2012     June 30, 2012  
          Loans Past Due           Loans Past Due  
          Over 90 Days           Over 90 Days  
          Still           Still  
    Non-accrual     Accruing     Non-accrual     Accruing  
Commercial   $ 77     $  —     $ 51     $ —  
Commercial real estate:                                
Other     522       —       911       —  
1 – 4 Family residential:                                
Owner occupied     298       109       307       —  
Non-owner occupied     727       —       663       —  
Consumer     —       —       —       —  
Total   $ 1,624     $ 109     $ 1,932     $  —  

 

Non-accrual loans and loans past due 90 days still on accrual include both smaller balance homogeneous loans that are collectively evaluated for impairment and individually classified impaired loans.

 

The following table presents the aging of the recorded investment in past due loans as of December 31, 2012 by class of loans:

 

    Days Past Due                    
    30 - 59     60 - 89     90 Days or     Total     Loans Not        
    Days     Days     Greater     Past Due     Past Due     Total  
Commercial     $—     $ 8     $ 77     $ 85     $ 24,265     $ 24,350  
Commercial real estate:                                                
Construction     —       —       —       —       2,390       2,390  
Other     —       —       20       20       116,310       116,330  
1-4 Family residential:                                                
Owner occupied     —       —       361       361       32,547       32,908  
Non-owner occupied     —       —       126       126       18,559       18,685  
Construction     —       —       —       —       343       343  
Consumer     43       —       —       43       11,165       11,208  
Total   $ 43     $ 8     $ 584     $ 635     $ 205,579     $ 206,214  

 

The above table of past due loans includes the recorded investment in non-accrual loans of $475 in the 90 days or greater and $1,149 in the loans not past due category.

 

The following table presents the aging of the recorded investment in past due loans as of June 30, 2012 by class of loans:

 

    Days Past Due                    
    30 - 59     60 - 89     90 Days or     Total     Loans Not        
    Days     Days     Greater     Past Due     Past Due     Total  
Commercial   $ 85       $—     $ 33     $ 118     $ 22,970     $ 23,088  
Commercial real estate:                                                
Construction     202       —       —       202       1,345       1,547  
Other     82       —       268       350       110,451       110,801  
1-4 Family residential:                                                
Owner occupied     174       —       178       352       33,766       34,118  
Non-owner occupied     43       —       —       43       18,753       18,796  
Construction     —       —       —       —       186       186  
Consumer     —       8       —       8       9,380       9,388  
Total   $ 586     $ 8     $ 479     $ 1,073     $ 196,851     $ 197,924  
Troubled Debt Restructurings on Financing Receivables [Table Text Block]

The following table presents loans by class modified as troubled debt restructurings that occurred during the six months ended December 31, 2012:

       Pre-Modification   Post-Modification 
   Number of   Outstanding Recorded   Outstanding Recorded 
   Loans   Investment   Investment 
1 – 4 Family residential:            
Owner occupied  1  $21  $21 
Total  1  $21  $21 

 

The following table presents loans by class modified as troubled debt restructurings that occurred during the year ended June 30, 2012:

       Pre-Modification   Post-Modification 
   Number of   Outstanding Recorded   Outstanding Recorded 
   Loans   Investment   Investment 
Commercial  1  $85  $85 
Commercial real estate:            
Other  2   137   137 
1 – 4 Family residential:            
Owner occupied  1   114   114 
Non-owner occupied  7   534   466 
Total  11  $870  $802 
Financing Receivable Credit Quality Indicators [Table Text Block]

Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be pass rated loans. Loans listed as not rated are either less than $100 or are included in groups of homogeneous loans. These loans are evaluated based on delinquency status, which are disclosed in the previous table within this footnote. Based on the most recent analysis performed, the recorded investment by risk category of loans by class of loans was as follows:

  

    As of December 31, 2012  
        Special                 Not  
    Pass     Mention     Substandard     Doubtful     Rated  
Commercial   $ 23,044     $ 149     $ 28     $ 86     $ 1,043  
Commercial real estate:                                        
Construction     2,299       91       —       —       —  
Other     106,864       5,451       2,708       608       699  
1-4 Family residential real estate:                                        
Owner occupied     4,204       —       —       409       28,295  
Non-owner occupied     15,365       1,359       772       992       197  
Construction     166       —       —       —       177  
Consumer     —       —       —       —       11,208  
Total   $ 151,942     $ 7,050     $ 3,508     $ 2,095     $ 41,619  

 

    As of June 30, 2012  
        Special                 Not  
    Pass     Mention     Substandard     Doubtful     Rated  
Commercial   $ 21,642     $ 240     $ 14     $ 148     $ 1,044  
Commercial real estate:                                        
Construction     1,353       163       —       —       31  
Other     98,942       7,332       2,657       996       874  
1-4 Family residential real estate:                                        
Owner occupied     4,256       —       99       398       29,365  
Non-owner occupied     14,205       2,197       875       1,019       500  
Construction     47       —       —       —       139  
Consumer     —       —       —       —       9,388  
Total   $ 140,445     $ 9,932     $ 3,645     $ 2,561     $ 41,341