DERIVATIVES AND HEDGING ACTIVITIES (Tables)
3 Months Ended
Sep. 30, 2012
Schedule of Effect of Derivative Instruments on Statement of Financial Condition Fair Value of Derivative Instruments
   
Effect of Derivative Instruments on Statement of Financial Condition
 
   
Fair Value of Derivative Instruments
 
                                                 
   
Asset Derivatives
   
Liabilities Derivatives
 
(In Thousands)
 
September 30, 2012
   
June 30, 2012
   
September 30, 2012
   
June 30, 2012
 
   
Balance
         
Balance
         
Balance
         
Balance
       
   
Sheet
   
Fair
   
Sheet
   
Fair
   
Sheet
   
Fair
   
Sheet
   
Fair
 
   
Location
   
Value
   
Location
   
Value
   
Location
   
Value
   
Location
   
Value
 
Derivatives designated
                                               
as hedging instruments
                                               
under ASC 815
                         
Other
         
Other
       
   Interest rate contracts
    n/a     $ -       n/a     $ -    
Liabilities
    $ 1,061    
Liabilities
    $ 1,054  
                                                             
Change in fair value of
                                                           
financial instrument being
                                                     
hedged under ASC 815
                                                           
   Interest rate contracts
 
Loans
    $ 880    
Loans
    $ 836       n/a     $ -       n/a     $ -  
                                                                 
Schedule of Effect of Derivative Instruments on Statement of Income
   
Effect of Derivative Instruments on Statement of Financial Condition
 
   
Fair Value of Derivative Instruments
 
                                                 
   
Asset Derivatives
   
Liabilities Derivatives
 
(In Thousands)
 
September 30, 2012
   
June 30, 2012
   
September 30, 2012
   
June 30, 2012
 
   
Balance
         
Balance
         
Balance
         
Balance
       
   
Sheet
   
Fair
   
Sheet
   
Fair
   
Sheet
   
Fair
   
Sheet
   
Fair
 
   
Location
   
Value
   
Location
   
Value
   
Location
   
Value
   
Location
   
Value
 
Derivatives designated
                                               
as hedging instruments
                                               
under ASC 815
                         
Other
         
Other
       
   Interest rate contracts
    n/a     $ -       n/a     $ -    
Liabilities
    $ 1,061    
Liabilities
    $ 1,054  
                                                             
Change in fair value of
                                                           
financial instrument being
                                                     
hedged under ASC 815
                                                           
   Interest rate contracts
 
Loans
    $ 880    
Loans
    $ 836       n/a     $ -       n/a     $ -  
                                                                 
   
Effect of Derivative Instruments on Statement of Income
 
   
For the Three Months Ended September 30, 2012 and 2011
 
                                                                 
(In Thousands)
                                                 
Amount of
 
                           
Location of
           
Gain or (Loss)
 
   
Derivatives Designated
           
Gain or (Loss)
           
Recognized in
 
   
as Hedging Instruments
           
Recognized in
           
Income on Derivative
 
   
Under ASC 815
           
Income on Derivative
              2012       2011  
                                                                 
   
Interest rate contracts
           
Noninterest income
            $ 37     $ (330 )