CONSOLIDATED STATEMENTS OF INCOME (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Sep. 30, 2012
Sep. 30, 2011
Interest and Dividend Income:    
Interest and fees on loans $ 2,551 $ 2,775
Securities available-for-sale 669 872
Interest on deposits with banks 5 6
Total interest and dividend income 3,225 3,653
Interest Expense:    
Deposits 248 289
FHLB advances & other borrowings 294 583
Subordinated debentures 24 22
Total interest expense 566 894
Net Interest Income 2,659 2,759
Loan loss provision 235 258
Net interest income after loan loss provision 2,424 2,501
Noninterest income:    
Service charges on deposit accounts 166 190
Net gain on sale of loans 812 236
Mortgage loan servicing fees 234 228
Net gain on sale of available for sale securities 67 57
Net loss on sale of OREO (17)  
Net gain (loss) on fair value hedge FASB ASC 815 37 (330)
Other 276 188
Total noninterest income 1,575 569
Noninterest expense:    
Salaries and employee benefits 1,441 1,167
Occupancy and equipment expense 342 343
Data processing 147 151
Advertising 201 131
Amortization of mortgage servicing rights 187 93
Federal insurance premiums 49 30
Postage 26 25
Legal, accounting, and examination fees 91 72
Consulting fees 26 87
Acquisition costs 477  
Provision for valuation loss on OREO 68  
Other 380 356
Total noninterest expense 3,435 2,455
Income before provision for income taxes 564 615
Provision for income taxes 142 187
Net income $ 422 $ 428
Basic earnings per common share $ 0.11 $ 0.11
Diluted earnings per common share $ 0.11 $ 0.11
Weighted average shares outstanding (basic eps) 3,724,789 3,739,610
Weighted average shares outstanding (diluted eps) 3,928,945 3,912,326