Securities (Tables)

6 Months Ended

Dec. 31, 2012

Amortized Cost and Fair Value of Securities Available for Sale and Related Gross Unrealized Gains and Losses Recognized in Accumulated Other Comprehensive Income (Loss)

As of December 31, 2012 and June 30, 2012, respectively, the amortized cost and fair value of securities available for sale and the related gross unrealized gains and losses recognized in accumulated other comprehensive income (loss) were as follows:

	December 31, 2012
			Gross		Gross
	Amortized		Unrealized		Unrealized			Fair
	Cost		Gains		Losses			Value
FNMA structured notes	$	—	$	—	$	—		$	—
Trust preferred and corporate securities		19,235,413		930,789		(13,054	)		20,153,148
Mortgage-backed GSE securities		19,322,768		298,546		(13,354	)		19,607,960
Total	$	38,558,181	$	1,229,335	$	(26,408	)	$	39,761,108
	June 30, 2012
			Gross		Gross
	Amortized		Unrealized		Unrealized			Fair
	Cost		Gains		Losses			Value
FNMA structured notes	$	2,000,000	$	9,320	$	—		$	2,009,320
Trust preferred and corporate securities		20,964,197		344,230		(46,665	)		21,261,762
Mortgage-backed GSE securities		15,093,864		293,098					15,386,962
Total	$	38,058,061	$	646,648	$	(46,665	)	$	38,658,044

Amortized Cost and Fair Value of Securities Available-for-Sale, by Contractual Maturity

The amortized cost and fair value of securities available-for-sale, by contractual maturity, are shown below:

	December 31, 2012
	Amortized
	Cost		Fair Value
One to five years	$	980,465	$	977,360
Five to ten years		5,031,225		5,145,540
Greater than 10 years		13,223,722		14,030,248
Mortgage-backed GSE securities		19,322,769		19,607,960
Total	$	38,558,181	$	39,761,108