Note 2: Available-for-sale Securities: Schedule of Available for Sale Securities (Tables)

12 Months Ended

Jun. 30, 2013

Tables/Schedules

Schedule of Available for Sale Securities

The amortized cost, gross unrealized gains, gross unrealized losses and approximate fair value of securities available for sale consisted of the following:

	June 30, 2013
		Gross	Gross	Estimated
	Amortized	Unrealized	Unrealized	Fair
	Cost	Gains	Losses	Value
Debt and equity securities:
U.S. government and Federal agency obligations	$22,972,073	$2,590	$(566,778)	$22,407,885
Obligations of states and political subdivisions	38,135,005	1,432,739	(244,437)	39,323,307
FHLMC preferred stock	-	-	-	-
Other securities	2,638,303	37,328	(1,116,652)	1,558,979
TOTAL DEBT AND EQUITY SECURITIES	63,745,381	1,472,657	(1,927,867)	63,290,171
Mortgage-backed securities
FHLMC certificates	3,404,901	136,052	(31,499)	3,509,454
GNMA certificates	69,895	1,895	-	71,790
FNMA certificates	2,700,570	145,206	-	2,845,776
CMOs issues by government agencies	10,404,445	59,985	(177,395)	10,287,035
TOTAL MORTGAGE-BACKED SECURITIES	16,579,811	343,138	(208,894)	16,714,055
TOTAL	$80,325,192	$1,815,795	$(2,136,761)	$80,004,226

	June 30, 2012
		Gross	Gross	Estimated
	Amortized	Unrealized	Unrealized	Fair
	Cost	Gains	Losses	Value
Debt and equity securities:
U.S. government and Federal agency obligations	18,046,654	53,348	(384)	18,099,618
Obligations of states and political subdivisions	34,656,284	1,823,625	(98,656)	36,381,253
FHLMC preferred stock	-	-	-	-
Other securities	2,646,719	14,310	(1,267,772)	1,393,257
TOTAL DEBT AND EQUITY SECURITIES	55,349,657	1,891,283	(1,366,812)	55,874,128
Mortgage-backed securities
FHLMC certificates	3,420,821	245,143	-	3,665,964
GNMA certificates	79,088	1,489	-	80,577
FNMA certificates	4,437,325	256,343	-	4,693,668
CMOs issues by government agencies	10,757,324	63,045	(7,861)	10,812,508
TOTAL MORTGAGE-BACKED SECURITIES	18,694,558	566,020	(7,861)	19,252,717
TOTAL	$74,044,215	$2,457,303	$(1,374,673)	$75,126,845