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Note 4: Accounting For Certain Loans Acquired in A Transfer: Schedule of Acquired Loans in Transfer Accretable Yield (Tables)
12 Months Ended
Jun. 30, 2014
Tables/Schedules  
Schedule of Acquired Loans in Transfer Accretable Yield

 

Accretable yield, or income expected to be collected, is as follows:

 

June 30,

 

2014

2013

Balance at beginning of period

$798,789

$489,356

      Additions

-

-

      Accretion

(281,602)

(285,920)

      Reclassification from nonaccretable difference

4,173

595,353

      Disposals

(141,615)

-

Balance at end of period

$379,745

$798,789