ALLOWANCE FOR LOAN LOSSES (Tables)

12 Months Ended

Jun. 30, 2016

ALLOWANCE FOR LOAN LOSSES [Abstract]

Schedule of Changes in the Allowance for Loan Losses

	2016		2015		2014
	(Dollars in Thousands)
Balance, July 1	$	304	$	234	$	307
Add:
Provision for loan losses		56		70		(73	)
Less:
Loans charged off		—		—		—
Balance, June 30	$	360	$	304	$	234

Schedule of Primary Segments of Allowance for Loan Losses

	As of June 30, 2016
	First Mortgage Loans
	1 – 4 Family		Construction			Land Acquisition & Development			Multi- family			Commercial			Consumer Loans			Commercial Loans			Total
	(Dollars in Thousands)
Beginning ALLL Balance at June 30, 2015	$	125	$	63		$	9		$	30		$	34		$	37		$	6		$	304
Charge-offs		—		—			—			—			—			—			—			—
Recoveries		—		—			—			—			—			—			—			—
Provisions		97		(6	)		(2	)		(8	)		(18	)		(8	)		1			56
Ending ALLL Balance at June 30, 2016	$	222	$	57		$	7		$	22		$	16		$	29		$	7		$	360
Individually evaluated for impairment	$	—	$	—		$	—		$	—		$	—		$	—		$	—		$	—
Collectively evaluated for impairment		222		57			7			22			16			29			7			360
	$	222	$	57		$	7		$	22		$	16		$	29		$	7		$	360
	As of June 30, 2015
	First Mortgage Loans
	1 – 4 Family		Construction			Land Acquisition & Development			Multi- family			Commercial			Consumer Loans			Commercial Loans			Total
	(Dollars in Thousands)
Beginning ALLL Balance at June 30, 2014	$	103	$	14		$	5		$	12		$	45		$	47		$	8		$	234
Charge-offs		—		—			—			—			—			—			—			—
Recoveries		—		—			—			—			—			—			—			—
Provisions		22		49			4			18			(11	)		(10	)		(2	)		70
Ending ALLL Balance at June 30, 2015	$	125	$	63		$	9		$	30		$	34		$	37		$	6		$	304
Individually evaluated for impairment	$	—	$	—		$	—		$	—		$	—		$	—		$	—		$	—
Collectively evaluated for impairment		125		63			9			30			34			37			6			304
	$	125	$	63		$	9		$	30		$	34		$	37		$	6		$	304

Schedule of Reserve Factors

Loan Segment	06/30/2016 Factor	06/30/2015 Factor	6/30/2014 Factor
1-4 Family Permanent	0.40%	0.35%	0.15%
1-4 Family Construction	0.75%	0.75%	0.15%
Multi-Family – Permanent	0.55%	0.50%	0.50%
Multi-Family - Construction	1.00%	1.00%	0.50%