Fair Value of Financial Instruments (Tables)

12 Months Ended

Jun. 30, 2015

Fair Value Disclosures [Abstract]

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis

The following table presents financial assets measured at fair value on a recurring basis at the dates indicated:

	June 30, 2015
Description	Total		Level 1		Level 2		Level 3
U.S Government Agencies	$	116,071	$	—	$	116,071	$	—
Residential Mortgage-backed Securities of U.S. Government Agencies and Government sponsored Enterprises	120,809		—		120,809		—
Municipal Bonds	16,678		—		16,678		—
Corporate Bonds	3,985		—		2,985		1,000
Equity Securities	63		—		63
Total	$	257,606	$	—	$	256,606	$	1,000

	June 30, 2014
Description	Total		Level 1		Level 2		Level 3
U.S Government Agencies	$	38,093	$	—	$	38,093	$	—
Residential Mortgage-backed Securities of U.S. Government Agencies and Government sponsored Enterprises	111,411		—		111,411		—
Municipal Bonds	16,220		—		16,220		—
Corporate Bonds	3,025		—		3,025		—
Total	$	168,749	$	—	$	168,749	$	—

Fair Value Measurements, Nonrecurring

The following table presents financial assets measured at fair value on a non-recurring basisduring the periods indicated:

	Year Ended June 30, 2015
Description	Total		Level 1		Level 2		Level 3
Impaired loans	$	5,697	$	—	$	—	$	5,697
REO	1,685		—		—		1,685
Total	$	7,382	$	—	$	—	$	7,382

	Year Ended June 30, 2014
Description	Total		Level 1		Level 2		Level 3
Impaired loans	$	3,686	$	—	$	—	$	3,686
REO	9,185		—		—		9,185
Total	$	12,871	$	—	$	—	$	12,871

Schedule of Quantitative Information About Level 3 Fair Value Measurements

Quantitative information about Level 3 fair value measurements during the period ended June 30, 2015 is shown in the table below:

	Fair Value at June 30, 2015		Valuation Techniques	Unobservable Input	Range	Weighted Average
Nonrecurring measurements:
Impaired loans, net	$	5,697	Discounted Appraisals	Collateral discounts	0% - 60%	15	%
REO	$	1,685	Discounted Appraisals	Collateral discounts	10% - 20%	14	%

Fair Value, by Balance Sheet Grouping

The stated carrying value and estimated fair value amounts of financial instruments as of June 30, 2015 and June 30, 2014, are summarized below:

	June 30, 2015
	Carrying Value		Fair Value		Level 1		Level 2		Level 3
Cash and interest-bearing deposits	$	116,160	$	116,160	$	116,160	$	—	$	—
Commercial paper	256,152		256,152		256,152		—		—
Certificates of deposit in other banks	210,629		210,629		—		210,629		—
Securities available for sale	257,606		257,606		—		256,606		1,000
Loans, net	1,663,333		1,555,992		—		—		1,555,992
Loans held for sale	5,874		5,968		—		—		5,968
FHLB stock	22,541		22,541		22,541		—		—
FRB stock	6,170		6,170		6,170		—		—
Accrued interest receivable	7,522		7,522		—		1,252		6,270
Noninterest-bearing and NOW deposits	591,429		591,429		—		591,429		—
Money market accounts	481,948		481,948		—		481,948		—
Savings accounts	221,674		221,674		—		221,674		—
Certificates of deposit	577,075		577,174		—		577,174		—
Other borrowings	475,000		475,000		—		475,000		—
Accrued interest payable	181		181		—		181		—

	June 30, 2014
	Carrying Value		Fair Value		Level 1		Level 2		Level 3
Cash and interest-bearing deposits	$	45,830	$	45,830	$	45,830	$	—	$	—
Certificates of deposit in other banks	163,780		163,780		—		163,780		—
Securities available for sale	168,774		168,774		—		168,774		—
Loans, net	1,473,529		1,381,438		—		—		1,381,438
Loans held for sale	2,537		2,578		—		—		2,578
FHLB stock	3,697		3,697		3,697		—		—
Accrued interest receivable	6,787		6,787		—		736		6,051
Noninterest-bearing and NOW deposits	418,671		418,671		—		418,671		—
Money market accounts	354,247		354,247		—		354,247		—
Savings accounts	175,974		175,974		—		175,974		—
Certificates of deposit	634,154		620,196		—		620,196		—
Other borrowings	50,000		50,000		—		50,000
Accrued interest payable	244		244		—		244		—