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Condensed Consolidated Statement of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Operating Activities    
Net Income $ 2,766 $ 497
Items not requiring (providing) cash    
Depreciation 336 313
Provision for Loan Losses 552 727
Amortization of premiums and discounts on securities 957 920
Deferred income taxes (79) (1,399)
Net realized gains on loan sales (441) (206)
Net realized gains on sales of available-for-sale securities (629) (385)
Gain on foreclosed assets held for sale (22) (22)
Bank-owned life insurance income, net (197) (195)
Originations of loans held for sale (17,697) (11,974)
Proceeds from sales of loans held for sale 18,083 12,269
ESOP compensation expense 199 163
Contribution of stock to the Foundation    3,148
Changes in    
Accrued interest receivable (237) (525)
Other assets 259 953
Accrued interest payable (2) (105)
Post-retirement benefit obligation 45 60
Other liabilities (187) (176)
Net cash provided by operating activities 3,706 4,063
Investing Activities    
Purchases of available-for-sale securities (145,832) (140,349)
Proceeds from the sales of available-for-sale securities 122,802 88,051
Proceeds from maturities and pay-downs of available-for-sale securities 20,978 35,973
Net change in loans (32,271) (11,186)
Purchase of FHLB stock (1,250) (529)
Purchase of premises and equipment (282) (630)
Proceeds from sale of foreclosed assets 642 647
Net cash used in investing activities (35,213) (28,023)
Financing Activities    
Net increase (decrease) in demand deposits, money market, NOW and savings accounts 6,364 (97,428)
Net increase (decrease) in certificates of deposit, including brokered certificates 20,216 (3,724)
Net increase in advances from borrowers for taxes and insurance 408 472
Proceeds from Federal Home Loan Bank advances 508,665 404,000
Repayments of Federal Home Loan Bank advances (496,000) (369,500)
Proceeds from issuance of common stock, net of costs    43,240
Stock issuance from Employee Stock Ownership Plan purchase    (3,849)
Stock purchase per stock repurchase plan (2,935)   
Net cash provided by (used in) financing activities 36,718 (26,789)
Net Increase (Decrease) in Cash and Cash Equivalents 5,211 (50,749)
Cash and Cash Equivalents, Beginning of Period 8,193 60,506
Cash and Cash Equivalents, End of Period 13,404 9,757
Supplemental Cash Flows Information    
Interest paid 2,343 3,045
Income taxes paid, net of refunds 1,799 1,618
Foreclosed assets acquired in settlement of loans $ 58 $ 474