v2.4.0.6
SECURITIES (Tables)
12 Months Ended
Jun. 30, 2013
Investments, Debt and Equity Securities [Abstract]  
Trading Securities (and Certain Trading Assets) [Table Text Block]
The following table summarizes the amortized cost and fair value of securities available-for-sale and securities held-to-maturity at June 30, 2013 and 2012 and the corresponding amounts of gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) and gross unrecognized gains and losses:
 
Available-for-sale
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
 
June 30, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
Obligations of U.S. government-sponsored entities and agencies
 
$
4,700
 
$
6
 
$
(48)
 
$
4,658
 
Obligations of state and political subdivisions
 
 
39,777
 
 
805
 
 
(770)
 
 
39,812
 
Mortgage-backed securities - residential
 
 
46,834
 
 
552
 
 
(497)
 
 
46,889
 
Collateralized mortgage obligations
 
 
5,740
 
 
11
 
 
(43)
 
 
5,708
 
Trust preferred security
 
 
202
 
 
 
 
(40)
 
 
162
 
Total available-for-sale securities
 
$
97,253
 
$
1,374
 
$
(1,398)
 
$
97,229
 
 
Held-to-maturity
 
Amortized
Cost
 
Gross
Unrecognized
Gains
 
Gross
Unrecognized
Losses
 
Fair
Value
 
June 30, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
Obligations of state and political subdivisions
 
$
3,000
 
$
 
$
(74)
 
$
2,926
 
Total held-to-maturity securities
 
$
3,000
 
$
 
$
(74)
 
$
2,926
 
 
Available-for-sale
 
Amortized
Cost
 
Gross
Unrealized
Gains
 
Gross
Unrealized
Losses
 
Fair
Value
 
June 30, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
Obligations of U.S. government sponsored entities and agencies
 
$
8,487
 
$
80
 
$
 
$
8,567
 
Obligations of state and political subdivisions
 
 
33,808
 
 
1,577
 
 
(109)
 
 
35,276
 
Mortgage-backed securities - residential
 
 
48,255
 
 
1,108
 
 
(32)
 
 
49,331
 
Collateralized mortgage obligations
 
 
12,154
 
 
25
 
 
(82)
 
 
12,097
 
Trust preferred security
 
 
202
 
 
 
 
(138)
 
 
64
 
Total available-for-sale securities
 
$
102,906
 
$
2,790
 
$
(361)
 
$
105,335
 
Schedule of Realized Gain (Loss) [Table Text Block]
Proceeds from sales of debt securities during 2013 and 2012 were as follows:
 
 
2013
 
2012
 
Proceeds from sales
 
$
7,798
 
$
14,568
 
Gross realized gains
 
 
181
 
 
204
 
Gross realized losses
 
 
24
 
 
60
 
Available-for-sale Securities [Table Text Block]
The amortized cost and fair values of debt securities at June 30, 2013 by contractual maturity are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Securities not due at a single maturity date, primarily mortgage-backed securities, collateralized mortgage obligations and the trust preferred security are shown separately.
 
Available-for-sale
 
Amortized
Cost
 
Fair Value
 
Due after one year through five years
 
$
4,969
 
$
5,084
 
Due after five years through ten years
 
 
15,420
 
 
15,484
 
Due after ten years
 
 
24,088
 
 
23,902
 
Total
 
 
44,477
 
 
44,470
 
Mortgage-backed securities – residential
 
 
46,834
 
 
46,889
 
Collateralized mortgage obligations
 
 
5,740
 
 
5,708
 
Trust preferred security
 
 
202
 
 
162
 
Total
 
$
97,253
 
$
97,229
 
 
Held-to-maturity
 
Amortized
Cost
 
Fair Value
 
Due after ten years
 
$
3,000
 
$
2,926
 
Total
 
$
3,000
 
$
2,926
 
Available For Sale Securities Continuous Unrealized Loss Position Fair Value [Table Text Block]
The following table summarizes the securities with unrealized and unrecognized losses at June 30, 2013 and 2012, aggregated by investment category and length of time the individual securities have been in a continuous unrealized or unrecognized loss position:
 
 
 
Less than 12 Months
 
12 Months or more
 
Total
 
Available-for-sale
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
June 30, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Obligations of US government-sponsored entities and agencies
 
$
4,418
 
$
(48)
 
$
 
$
 
$
4,418
 
$
(48)
 
Obligations of states and political subdivisions
 
 
17,826
 
 
(766)
 
 
107
 
 
(4)
 
 
17,933
 
 
(770)
 
Mortgage-backed securities - residential
 
 
28,836
 
 
(497)
 
 
 
 
 
 
28,836
 
 
(497)
 
Collateralized mortgage obligations
 
 
4,696
 
 
(43)
 
 
 
 
 
 
4,696
 
 
(43)
 
Trust preferred security
 
 
 
 
 
 
162
 
 
(40)
 
 
162
 
 
(40)
 
Total temporarily impaired
 
$
55,776
 
$
(1,354)
 
$
269
 
$
(44)
 
$
56,045
 
$
(1,398)
 
 
 
 
Less than 12 Months
 
12 Months or more
 
Total
 
Held-to-maturity
 
Fair
Value
 
Unrecognized
Loss
 
Fair
Value
 
Unrecognized
Loss
 
Fair
Value
 
Unrecognized
Loss
 
June 30, 2013
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Obligations of states and political subdivisions
 
$
3,000
 
$
(74)
 
$
 
$
 
$
2,926
 
$
(74)
 
Total temporarily impaired
 
$
3,000
 
$
(74)
 
$
 
$
 
$
2,926
 
$
(74)
 
 
 
 
Less than 12 Months
 
12 Months or more
 
Total
 
Available-for-sale
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
Fair
Value
 
Unrealized
Loss
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
June 30, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Obligations of U.S. government-sponsored entities
 
$
6,002
 
$
(109)
 
$
 
$
 
$
6,002
 
$
(109)
 
Obligations of states and political subdivisions
 
 
11,135
 
 
(32)
 
 
 
 
 
 
11,135
 
 
(32)
 
Collateralized mortgage obligations
 
 
6,411
 
 
(62)
 
 
2,314
 
 
(20)
 
 
8,725
 
 
(82)
 
Trust preferred security
 
 
 
 
 
 
64
 
 
(138)
 
 
64
 
 
(138)
 
Total temporarily impaired
 
$
23,548
 
$
(203)
 
$
2,378
 
$
(158)
 
$
25,926
 
$
(361)