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Securities (Tables)
9 Months Ended
Mar. 31, 2013
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 March 31, 2013 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:

 

     March 31, 2013  
            Gross      Gross        
     Amortized      Unrealized      Unrealized     Fair  
     Cost      Gains      Losses     Value  

Trust preferred securities

     19,281,892         1,174,327         (22,616     20,433,603   

Mortgage-backed GSE securities

     20,700,442         298,980         (13,620     20,985,802   
  

 

 

    

 

 

    

 

 

   

 

 

 

Total

   $ 39,982,334       $ 1,473,307       $ (36,236   $ 41,419,405   
  

 

 

    

 

 

    

 

 

   

 

 

 

 

     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 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:

 

     March 31, 2013  
     Amortized
Cost
     Fair Value  

One to five years

   $ 981,515       $ 981,880   

Five to ten years

     5,024,678         5,127,351   

Greater than 10 years

     13,275,699         14,324,372   

Mortgage-backed GSE securities

     20,700,442         20,985,802   
  

 

 

    

 

 

 

Total

   $ 39,982,334       $ 41,419,405