Loans And Allowance For Probable Loan Losses (Tables)

12 Months Ended

Jun. 30, 2014

Loans And Allowance For Probable Loan Losses [Abstract]



	2014	2013
Loans measured at fair value:
Commercial real estate	$ 9,901	$ 2,662
Multifamily	43,247	11,095
	53,148	13,757
Other loans receivable:
Residential construction	650	1,367
Lot and land development	5,152	8,988
1-4 family	217,144	233,947
Commercial real estate	183,389	213,452
Multifamily	97,884	88,738
Commercial loans	61,420	58,718
Consumer loans	3,511	1,959
	569,150	607,169
	622,298	620,926
Allowance for probable loan losses	(7,942)	(12,343)
	$ 614,356	$ 608,583

Analysis of Allowance for Probable Loan Losses and Recorded Investment in Loans Receivable


	June 30, 2014
	Residential Construction	Lot and Land Development	1-4 Family	Commercial Real Estate	Multifamily	Commercial	Consumer	Total

Allowance for credit losses:
Balance at beginning of period	$ 49	$ 374	$ 1,528	$ 3,290	$ 3,567	$ 3,530	$ 5	$ 12,343
Charge-offs	-	(4)	(315)	(51)	-	(67)	-	(437)
Recoveries	129	211	265	713	-	79	-	1,397
Net recoveries (charge-offs)	129	207	(50)	662	-	12	-	960
(Recapture) provision charged
to operations	(177)	(554)	(29)	(1,349)	(937)	(2,323)	8	(5,361)
Balance at end of period	$ 1	$ 27	$ 1,449	$ 2,603	$ 2,630	$ 1,219	$ 13	$ 7,942
Ending balance: individually
evaluated for impairment	$ -	$ -	$ 39	$ 458	$ -	$ 410	$ -	$ 907
Ending balance: collectively
evaluated for impairment	$ 1	$ 27	$ 1,410	$ 2,145	$ 2,630	$ 809	$ 13	$ 7,035

Financing receivables:
Balance at end of period	$ 650	$ 5,152	$ 217,144	$ 183,389	$ 97,884	$ 61,420	$ 3,511	$ 569,150
Ending balance: individually
evaluated for impairment	$ 551	$ 677	$ 5,672	$ 9,458	$ -	$ 4,119	$ -	$ 20,477
Ending balance: collectively
evaluated for impairment	$ 99	$ 4,475	$ 211,472	$ 173,931	$ 97,884	$ 57,301	$ 3,511	$ 548,673


	June 30, 2013
	Residential Construction	Lot and Land Development	1-4 Family	Commercial Real Estate	Multifamily	Commercial	Consumer	Total

Allowance for credit losses:
Balance at beginning of period	$ 350	$ 1,310	$ 3,235	$ 10,628	$ 2,866	$ 4,004	$ 9	$ 22,402
Charge-offs	-	(182)	(524)	(2,131)	-	(1,659)	-	(4,496)
Recoveries	194	215	97	230	1,000	409	10	2,155
Net recoveries (charge-offs)	194	33	(427)	(1,901)	1,000	(1,250)	10	(2,341)
(Recapture) provision charged to
operations	(495)	(969)	(1,280)	(5,437)	(299)	776	(14)	(7,718)
Balance at end of period	$ 49	$ 374	$ 1,528	$ 3,290	$ 3,567	$ 3,530	$ 5	$ 12,343
Ending balance: individually
evaluated for impairment	$ 23	$ 233	$ 178	$ 105	$ -	$ 2,090	$ -	$ 2,629
Ending balance: collectively
evaluated for impairment	$ 26	$ 141	$ 1,350	$ 3,185	$ 3,567	$ 1,440	$ 5	$ 9,714

Financing receivables:
Balance at end of period	$ 1,367	$ 8,988	$ 233,947	$ 213,452	$ 88,738	$ 58,718	$ 1,959	$ 607,169
Ending balance: individually
evaluated for impairment	$ 605	$ 2,428	$ 9,361	$ 12,271	$ -	$ 7,467	$ -	$ 32,132
Ending balance: collectively
evaluated for impairment	$ 762	$ 6,560	$ 224,586	$ 201,181	$ 88,738	$ 51,251	$ 1,959	$ 575,037



	June 30, 2012
	Residential Construction	Lot and Land Development	1-4 Family	Commercial Real Estate	Multifamily	Commercial	Consumer	Total

Allowance for credit losses:
Balance at beginning of period	$ 531	$ 3,168	$ 6,107	$ 28,306	$ 871	$ 5,417	$ 33	$ 44,433
Charge-offs	(1,513)	(2,588)	(2,804)	(7,505)	(6,954)	(4,260)	(11)	(25,635)
Recoveries	158	209	179	383	-	199	1	1,129
Net charge-offs	(1,355)	(2,379)	(2,625)	(7,122)	(6,954)	(4,061)	(10)	(24,506)
Provision (recapture) charged to
operations	1,174	521	(247)	(10,556)	8,949	2,648	(14)	2,475
Balance at end of period	$ 350	$ 1,310	$ 3,235	$ 10,628	$ 2,866	$ 4,004	$ 9	$ 22,402
Ending balance: individually
evaluated for impairment	$ -	$ 92	$ 120	$ 1,736	$ -	$ 495	$ 1	$ 2,444
Ending balance: collectively
evaluated for impairment	$ 350	$ 1,218	$ 3,115	$ 8,892	$ 2,866	$ 3,509	$ 8	$ 19,958

Financing receivables:
Balance at end of period	$ 3,954	$ 18,431	$ 383,167	$ 326,997	$ 20,110	$ 101,440	$ 1,943	$ 856,042
Ending balance: individually
evaluated for impairment	$ 648	$ 3,655	$ 19,760	$ 24,060	$ -	$ 2,921	$ 3	$ 51,047
Ending balance: collectively
evaluated for impairment	$ 3,306	$ 14,776	$ 363,407	$ 302,937	$ 20,110	$ 98,519	$ 1,940	$ 804,995

Loans Receivable on Non-Accrual Status



	June 30, 2014	June 30, 2013
Residential construction	$ 546	$ 601
Lot and land development	291	2,418
1-4 family	5,686	7,792
Commercial real estate	3,946	7,611
Commercial loans	3,852	4,024
	$ 14,321	$ 22,446

Recorded Investment and Unpaid Principal Balance for Impaired Loans by Type and Related Allowance, Average Recorded Investment and Interest Income Recognized



	Recorded Investment(1)	Unpaid Principal Balance(1)	Related Allowance	Average Recorded Investment(2)	Interest Income Recognized(3)
June 30, 2014
With no related allowance recorded:
Residential construction	$ 551	$ 738	$ -	$ 483	$ -
Lot and land development	677	776	-	309	30
1-4 family	5,182	6,827	-	5,513	32
Commercial real estate	6,852	8,015	-	6,005	65
Commercial loans	336	356	-	3,851	55
	13,598	16,712	-	16,161	182



	Recorded Investment(1)	Unpaid Principal Balance(1)	Related Allowance	Average Recorded Investment(2)	Interest Income Recognized(3)
June 30, 2014
With an allowance recorded:
Residential construction	$ -	$ -	$ -	$ 90	$ -
Lot and land development	-	-	-	935	-
1-4 family	490	493	39	1,930	-
Commercial real estate	2,606	2,652	458	2,203	66
Commercial loans	3,783	3,832	410	1,979	-
	6,879	6,977	907	7,137	66



June 30, 2014
Total
Residential construction	$ 551	$ 738	$ -	$ 573	$ -
Lot and land development	677	776	-	1,244	30
1-4 family	5,672	7,320	39	7,443	32
Commercial real estate	9,458	10,667	458	8,208	131
Commercial loans	4,119	4,188	410	5,830	55
	$ 20,477	$ 23,689	$ 907	$ 23,298	$ 248




June 30, 2013
With no related allowance recorded:
Residential construction	$ 383	$ 471	$ -	$ 438	$ -
Lot and land development	102	324	-	807	-
1-4 family	5,818	7,712	-	7,674	17
Commercial real estate	9,006	12,239	-	7,785	167
Commercial loans	4,430	5,092	-	1,582	26
	19,739	25,838	-	18,286	210



	Recorded Investment(1)	Unpaid Principal Balance(1)	Related Allowance	Average Recorded Investment(2)	Interest Income Recognized(3)
June 30, 2013
With an allowance recorded:
Residential construction	$ 222	$ 283	$ 23	$ 191	$ -
Lot and land development	2,326	2,543	233	1,879	-
1-4 family	3,543	3,870	178	6,398	67
Commercial real estate	3,265	4,188	105	10,048	15
Commercial loans	3,037	3,032	2,090	2,288	129
	12,393	13,916	2,629	20,804	211




June 30, 2013
Total
Residential construction	$ 605	$ 754	$ 23	$ 629	$ -
Lot and land development	2,428	2,867	233	2,686	-
1-4 family	9,361	11,582	178	14,072	84
Commercial real estate	12,271	16,427	105	17,833	182
Commercial loans	7,467	8,124	2,090	3,870	155
	$ 32,132	$ 39,754	$ 2,629	$ 39,090	$ 421

____________________

(1)

The difference between the unpaid principal balance and the recorded investment of impaired loans with no related allowance recorded is primarily comprised of partial charge-offs that were previously recognized

(2)

Represents the average recorded investment for the fiscal years ended June 30, 2014 and 2013, respectively.

(3)

Represents interest income recognized on impaired loans for the fiscal years ended June 30, 2014 and 2013, respectively.

Summary of Overall Quality of the Bank's Financing Receivables, Excluding Loans Held For Sale



	Pass	Special Mention(1)	Substandard(2)	Total

June 30, 2014
Loans measured at fair value:
Commercial real estate	$ 9,901	$ -	$ -	$ 9,901
Multifamily	43,247	-	-	43,247
	53,148	-	-	53,148
Other loans receivable:
Residential construction	104	-	546	650
Lot and land development	4,172	-	980	5,152
1-4 family	211,278	107	5,759	217,144
Commercial real estate	155,619	4,522	23,248	183,389
Multifamily	97,884	-	-	97,884
Commercial loans	47,397	8,096	5,927	61,420
Consumer loans	3,511	-	-	3,511
	519,965	12,725	36,460	569,150
	$ 573,113	$ 12,725	$ 36,460	$ 622,298



	Pass	Special Mention(1)	Substandard(2)	Total

June 30, 2013
Loans measured at fair value:
Commercial real estate	$ 2,662	$ -	$ -	$ 2,662
Multifamily	11,095	-	-	11,095
	13,757	-	-	13,757
Other loans receivable:
Residential construction	766	-	601	1,367
Lot and land development	5,605	-	3,383	8,988
1-4 family	225,434	234	8,279	233,947
Commercial real estate	171,085	7,631	34,736	213,452
Multifamily	88,046	-	692	88,738
Commercial loans	47,680	1,324	9,714	58,718
Consumer loans	1,959	-	-	1,959
	540,575	9,189	57,405	607,169
	$ 554,332	$ 9,189	$ 57,405	$ 620,926

____________________

(1)

These loans are currently protected by the current sound worth and paying capacity of the obligor, but have a potential weakness that would create a higher credit risk.

(2)

These loans exhibit well-defined weaknesses that could jeopardize the ultimate collection of all or part of the debt. Substandard loans are inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged. They are characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. Loss potential, while existing in the aggregate for substandard assets, does not have to exist in individual assets classified as “Substandard.”

Age of Bank's Past due Financing Receivables



	30-59 Days Past Due	60-89 Days Past Due	90 Days and Greater Past Due	Total Past Due	Current	Total Financing Receivables	Recorded Investment > 90 Days and Accruing
June 30, 2014
Loans measured at fair value:
Commercial real estate	$ -	$ -	$ -	$ -	$ 9,901	$ 9,901	$ -
Multifamily	-	-	-	-	43,247	43,247	-
	-	-	-	-	53,148	53,148	-
Other loans receivable:
Residential construction	-	-	-	-	650	650	-
Lot and land development	-	-	14	14	5,138	5,152	-
1-4 family	117	643	740	1,500	215,644	217,144	-
Commercial real estate	3,008	1,782	1,190	5,980	177,409	183,389	-
Multifamily	-	-	-	-	97,884	97,884	-
Commercial loans	3	785	3,688	4,476	56,944	61,420	-
Consumer loans	-	-	-	-	3,511	3,511	-
	3,128	3,210	5,632	11,970	557,180	569,150	-
	$ 3,128	$ 3,210	$ 5,632	$ 11,970	$ 610,328	$ 622,298	$ -



	30-59 Days Past Due	60-89 Days Past Due	90 Days and Greater Past Due	Total Past Due	Current	Total Financing Receivables	Recorded Investment > 90 Days and Accruing
June 30, 2013
Loans measured at fair value:
Commercial real estate	$ -	$ -	$ -	$ -	$ 2,662	$ 2,662	$ -
Multifamily	-	-	-	-	11,095	11,095	-
	-	-	-	-	13,757	13,757	-
Other loans receivable:
Residential construction	-	-	-	-	1,367	1,367	-
Lot and land development	173	370	80	623	8,365	8,988	-
1-4 family	914	234	2,816	3,964	229,983	233,947	-
Commercial real estate	1,396	1,153	4,826	7,375	206,077	213,452	-
Multifamily	692	-	-	692	88,046	88,738	-
Commercial loans	750	3,812	135	4,697	54,021	58,718	-
Consumer loans	-	-	-	-	1,959	1,959	-
	3,925	5,569	7,857	17,351	589,818	607,169	-
	$ 3,925	$ 5,569	$ 7,857	$ 17,351	$ 603,575	$ 620,926	$ -

Recorded Investment in Loans Modified in TDRs



	June 30, 2014	June 30, 2013
Residential construction	$ 551	$ 605
Lot and land development	662	4,927
1-4 family	4,932	7,690
Commercial real estate	6,812	4,574
Commercial	656	497
	$ 13,613	$ 18,293

Financial Effects of Loan Modifications Accounted for as TDRs



	June 30, 2014			June 30, 2013
	Number of Contracts	Pre-Modification Outstanding Recorded Investment	Post-Modification Outstanding Recorded Investment(1)	Number of Contracts	Pre-Modification Outstanding Recorded Investment	Post-Modification Outstanding Recorded Investment(1)
Residential construction	-	$ -	$ -	4	$ 648	$ 648
Lot and land development	-	-	-	8	4,331	4,331
1-4 family	4	243	243	11	1,927	1,906
Commercial real estate	3	3,991	3,991	5	3,232	3,227
Commercial	1	168	168	2	259	259
	8	$ 4,402	$ 4,402	30	$ 10,397	$ 10,371

____________

(1) Post-modification balances include direct charge-offs recorded at the time of modification.

The Type and the Post Modification Outstanding Recorded Investment of Loan modifications Made for TDRs



	Amount of TDR Loan Modifications
Type of Modification	June 30, 2014	June 30, 2013
Maturity date extension	$ 103	$ 1,475
Reduction of the stated interest rate	-	60
Rescheduled future cash flows	4,159	983
Combination of maturity date extension
and rescheduling of future cash flows	31	4,942
Combination of maturity date extension
and reduction of the stated interest rate	109	706
Combination of maturity date extension,
reduction of the stated interest rate,
and rescheduling of future cash flows	-	2,013
Combination of reduction of the stated interest rate
and rescheduling of future cash flows	-	192
	$ 4,402	$ 10,371

Loan Modifications Accounted for as TDRs Within the Previous 12 Months that Subsequently Defaulted


	June 30, 2014		June 30, 2013
	Number of Contracts	Recorded Investment	Number of Contracts	Recorded Investment
1-4 family	2	$ 272	1	$ 1,799
Commercial	-	-	2	839
	2	$ 272	3	$ 2,638

Summary Of Unamortized Cost, Gross Unrealized Gains And Losses And The Fair Value Of Loans Measured At Fair Value



		Gross	Gross
	Amortized	Unrealized	Unrealized	Fair
	Cost	Gains (1)	Losses (1)	Value
June 30, 2014
Commercial real estate	$ 9,791	$ 131	$ (21)	$ 9,901
Multifamily	42,642	610	(5)	43,247
	$ 52,433	$ 741	$ (26)	$ 53,148



		Gross
	Amortized	Unrealized	Fair
	Cost	Losses (1)	Value
June 30, 2013
Commercial real estate	$ 2,787	$ (125)	$ 2,662
Multifamily	11,115	(20)	11,095
	$ 13,902	$ (145)	$ 13,757

____________

(1) Unrealized gains (losses) are recorded in other revenues on the Consolidated Statements of Comprehensive Loss.

Carrying Amount And Maximum Exposure To Loss Associated With The Company's Variable Interests In Unconsolidated VIEs



	June 30, 2014			June 30, 2013
	Number of VIEs	Carrying Amount of Assets	Maximum Exposure to Loss	Number of VIEs	Carrying Amount of Assets	Maximum Exposure to Loss

Loans to commercial
borrowers	10	$ 7,794	$ 6,481	17	$ 10,639	$ 9,072