Note 3: Loans and Allowance For Loan Losses: Financing Receivable Credit Quality Indicators (Tables)

12 Months Ended

Jun. 30, 2014

Tables/Schedules

Financing Receivable Credit Quality Indicators

The following tables present the credit risk profile of the Company’s loan portfolio (excluding loans in process and deferred loan fees) based on rating category and payment activity as of June 30, 2014 and 2013.  These tables include purchased credit impaired loans, which are reported according to risk categorization after acquisition based on the Company’s standards for such classification: 

	Residential	Construction	Commercial
June 30, 2014	Real Estate	Real Estate	Real Estate	Consumer	Commercial
Pass	$300,926,521	$21,476,875	$303,853,508	$35,045,989	$140,138,328
Watch	300,934	-	1,013,682	39,548	362,380
Special Mention	-	-	-	-	-
Substandard	2,673,982	-	3,652,803	137,227	571,718
Doubtful	-	-	-	-	-
Total	$303,901,437	$21,476,875	$308,519,993	$35,222,764	$141,072,426

	Residential	Construction	Commercial
June 30, 2013	Real Estate	Real Estate	Real Estate	Consumer	Commercial
Pass	$231,230,256	$19,932,817	$237,131,788	$28,252,411	$129,782,625
Watch	1,881,836	-	1,594,368	41,463	55,858
Special Mention	-	-	-	-	-
Substandard	776,350	-	3,577,766	121,004	1,030,001
Doubtful	-	-	-	-	-
Total	$233,888,442	$19,932,817	$242,303,922	$28,414,878	$130,868,484