v2.4.0.6
Fair Value (Tables)
6 Months Ended
Dec. 31, 2012
Fair Value Disclosures [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

Assets and liabilities measured at fair value on a recurring basis are summarized below, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value:

 

     Fair Value Measurements at
December 31, 2012 Using
 
  Balance at
December 31,
2012
  Level 1  Level 2  Level 3 
Assets:                
Obligations of U.S. government-sponsored entities and agencies $5,918  $  $5,918  $ 
Obligations of states and political subdivisions  40,242      40,242    
Mortgage-backed securities – residential  52,958      52,958    
Collateralized mortgage obligations  10,222      10,222    
Trust preferred security  138         138 

 

 

     Fair Value Measurements at
June 30, 2012 Using
 
  Balance at
June 30, 2012
  Level 1  Level 2  Level 3 
Assets:                
Obligations of U.S. government-sponsored entities and agencies $8,567  $  $8,567  $ 
Obligations of states and political subdivisions  35,276      35,276    
Mortgage-backed securities - residential  49,331      49,331    
Collateralized mortgage obligations  12,097      12,097    
Trust preferred security  64         64 
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

The following table presents a reconciliation of the trust preferred security measured at fair value on a recurring basis using significant unobservable inputs (Level 3) for the six months ended December 31, 2012 and 2011:

 

  2012  2011 
Beginning balance $64  $67 
Change in fair value included in other comprehensive income  74   (3)
Ending balance, December 31 $138  $64 
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]

Financial assets and financial liabilities measured at fair value on a non-recurring basis are summarized below:

 

    Balance at     Fair Value Measurements at
December 31, 2012 Using
 
    December 31, 2012     Level 1     Level 2     Level 3  
Impaired loans:                                
Commercial   $ 36     $     $     $ 36  
Commercial real estate:                                
Other     59                   59  
1-4 Family                                
Owner occupied     160                   160  
Non-owner occupied     440                   440  

 

    Balance at     Fair Value Measurements at
June 30, 2012 Using
 
    June 30, 2012     Level 1     Level 2     Level 3  
Impaired loans:                                
Commercial   $ 11     $     $     $ 11  
Commercial real estate:                                
Other     647                   647  
1-4 Family                                
Owner occupied     40                   40  
Non-owner occupied     438                   438  
Schedule Of Carrying Values and Estimated Fair Values Of Debt Instruments [Table Text Block]

The following table shows the estimated fair values of financial instruments that are reported at amortized cost in the Corporation’s consolidated balance sheets, segregated by the level of the valuation inputs within the fair value hierarchy utilized to measure fair value:

 

    December 31, 2012     June 30, 2012  
    Carrying
Amount
    Estimated
Fair
Value
    Carrying
Amount
    Estimated
Fair
Value
 
Financial Assets:                                
Level 1 inputs:                                
Cash and cash equivalents   $ 10,314     $ 10,314     $ 13,745     $ 13,745  
Level 2 inputs:                                
Certificates of deposits in other financial institutions     6,625       6,625       5,645       5,645  
Accrued interest receivable     1,080       1,080       1,043       1,043  
Level 3 inputs:                                
Loans held for sale     310       317       377       387  
Loans     203,319       203,762       195,095       196,592  
Financial Liabilities:                                
Level 2 inputs:     209,701       209,701       200,011       200,011  
Demand and savings deposits                                
Time deposits     82,540       83,257       84,470       85,262  
Short-term borrowings     14,685       14,685       13,722       13,722  
Federal Home Loan Bank advances     6,408       7,013       6,446       7,398  
Accrued interest payable     61       61       56       56