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

12 Months Ended

Jun. 30, 2014

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, 2014
		Gross	Gross	Estimated
	Amortized	Unrealized	Unrealized	Fair
	Cost	Gains	Losses	Value
Debt and equity securities:
U.S. government and Federal agency obligations	$24,606,970	$21,463	$(554,419)	$24,074,014
Obligations of states and political subdivisions	43,632,048	1,855,840	(131,444)	45,356,444
Other securities	3,294,235	264,114	(917,623)	2,640,726
TOTAL DEBT AND EQUITY SECURITIES	71,533,253	2,141,417	(1,603,486)	72,071,184
Mortgage-backed securities:
FHLMC certificates	14,008,424	197,804	(17,223)	14,189,005
GNMA certificates	4,227,589	24,766	(4,206)	4,248,149
FNMA certificates	26,470,063	313,576	-	26,783,639
CMOs issues by government agencies	13,074,321	41,072	(185,188)	12,930,205
TOTAL MORTGAGE-BACKED SECURITIES	57,780,397	577,218	(206,617)	58,150,998
TOTAL	$129,313,650	$2,718,635	$(1,810,103)	$130,222,182

	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
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