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Note 4: Accounting For Certain Loans Acquired in A Transfer: Schedule of Acquired Loans with Credit Deterioration (Tables)
 12 Months Ended
Jun. 30, 2013
Tables/Schedules  
Schedule of Acquired Loans with Credit Deterioration

 

June 30,

2013

2012

 

 

 

Real Estate Loans:

      Residential

$2,096,135

2,126,478

      Construction

-

-

      Commercial

1,323,361

2,087,192

Consumer loans

-

-

Commercial loans

1,707,442

1,947,738

      Outstanding balance

$5,126,938

$6,161,408

      Carrying amount, net of fair value adjustment of      $1,021,542 and $1,624,572 at 2013 and 2012, respectively

$4,105,396

$4,536,836