v2.4.0.6
PREMISES AND EQUIPMENT
12 Months Ended
Jun. 30, 2013
Property, Plant and Equipment [Abstract]  
Property, Plant and Equipment Disclosure [Text Block]
NOTE 4—PREMISES AND EQUIPMENT
 
Major classifications of premises and equipment were as follows as of June 30:
 
 
 
2013
 
2012
 
Land
 
$
1,467
 
$
1,379
 
Land improvements
 
 
406
 
 
385
 
Building and leasehold improvements
 
 
5,046
 
 
4,957
 
Furniture, fixture and equipment
 
 
4,598
 
 
4,594
 
Total premises and equipment
 
 
11,517
 
 
11,315
 
Accumulated depreciation and amortization
 
 
(5,809)
 
 
(5,563)
 
Premises and equipment, net
 
$
5,708
 
$
5,752
 
 
Depreciation expense was $558 and $369 for the years ended June 30, 2013 and 2012, respectively.
  
The Corporation is obligated under non-cancelable operating leases for facilities and equipment. The approximate minimum annual rentals and commitments under these non-cancelable agreements and leases with remaining terms in excess of one year are as follows:
 
2014
 
$
118
 
2015
 
 
106
 
2016
 
 
47
 
2017
 
 
28
 
2018
 
 
17
 
Thereafter
 
 
 
 
 
$
316
 
 
Rent expense incurred was $110 and $110 during the years ended June 30, 2013 and 2012, respectively.