FAIR VALUE MEASUREMENTS (Tables)

12 Months Ended

Jun. 30, 2014

FAIR VALUE MEASUREMENTS

Schedule of assets and liabilities measured at fair value on a recurring basis

	Fair Value Measurements
	(Level 2)		(Level 2)
	June 30, 2014		June 30, 2013
Financial assets:
Securities available-for-sale	$	103,806	$	87,985
Total financial assets	$	103,806	$	87,985

Schedule of assets measured at fair value on a non-recurring basis

	Fair Value Measurements
	(Level 3)		(Level 3)
	June 30, 2014		June 30, 2013
Financial assets:
Impaired real estate loans, with specific allocations:
One-to-four-family	$	1,221	$	225
Non-financial assets:
Real estate owned, net:
One-to-four-family		744		1,047
Total non-financial assets		744		1,047
Total assets measured at fair value on a non-recurring basis	$	1,965	$	1,272

Schedule of valuation methodology and unobservable inputs for Level 3 assets measured at fair value on a non-recurring basis

	Level 3 Quantitative Information at June 30, 2014
	Fair Value		Valuation Technique	Unobservable Inputs	Range (Weighted Average)
Impaired real estate loans net, with specific allocations:
One-to-four family	$	1,221	Sales comparison approach	Adjustment for differences between the comparable sales	0% to 30% (15%)
Real estate owned:
One-to-four family	$	744	Sales comparison approach	Adjustment for differences between the comparable sales	0% to 20% (10%)

	Level 3 Quantitative Information at June 30, 2013
	Fair Value		Valuation Technique	Unobservable Inputs	Range (Weighted Average)
Impaired real estate loans net, with specific allocations:
One-to four-family	$	225	Sales comparison approach	Adjustment for differences between the comparable sales	0% to 30% (15%)
Real estate owned:
One-to four-family	$	1,047	Sales comparison approach	Adjustment for differences between the comparable sales	0% to 20% (10%)

Schedule of carrying amounts and estimated fair values of the Company's on-balance sheet financial instruments

	June 30, 2014
			Fair Value
	Carrying Amount
			(Level 1)		(Level 2)		(Level 3)		Total
Financial assets
Securities available-for-sale	$	103,806	$	—	$	103,806	$	—	$	103,806
Loans, net		229,931		—		—		233,176		233,176
Restricted equity securities(1)		325		N/A		N/A		N/A		N/A
Financial liabilities
Deposits	$	281,015	$	80,904	$	200,662	$	—	$	281,566

	June 30, 2013
			Fair Value
	Carrying Amount
			(Level 1)		(Level 2)		(Level 3)		Total
Financial assets
Securities available-for-sale	$	87,985	$	—	$	87,985	$	—	$	87,985
Securities held-to-maturity		8,039		—		8,223		—		8,223
Loans, net		221,163		—		—		229,745		229,745
Restricted equity securities(1)		449		N/A		N/A		N/A		N/A
Financial liabilities
Deposits	$	292,422	$	74,471	$	218,395	$	—	$	292,866

(1)

It was not practicable to determine fair value of restricted equity securities due to restrictions placed on transferability.