Greene County Bancorp (GCBC) 10-Q 12 Feb 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Dec. 31, 2015	Feb. 12, 2016
Document and Entity Information [Abstract]
Entity Registrant Name	GREENE COUNTY BANCORP INC
Entity Central Index Key	1,070,524
Current Fiscal Year End Date	--06-30
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		4,228,957
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q2
Document Type	10-Q
Amendment Flag	false
Document Period End Date	Dec. 31, 2015

Consolidated Statements of Fina

Consolidated Statements of Financial Condition (Unaudited) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
ASSETS
Total cash and cash equivalents	$ 22,088	$ 15,538
Long term certificate of deposit	1,230	1,230
Securities available-for-sale, at fair value	93,582	86,034
Securities held-to-maturity, at amortized cost (fair value $182,063 at December 31, 2015; $171,976 at June 30, 2015)	177,554	169,000
Federal Home Loan Bank stock, at cost	2,782	2,494
Loans	485,928	450,755
Allowance for loan losses	(8,611)	(8,142)
Unearned origination fees and costs, net	887	883
Loans receivable, net	478,204	443,496
Premises and equipment	14,340	14,515
Accrued interest receivable	3,258	3,026
Foreclosed real estate	304	847
Prepaid expenses and other assets	3,464	2,467
Total assets	796,806	738,647
LIABILITIES AND SHAREHOLDERS' EQUITY
Noninterest-bearing deposits	77,784	73,359
Interest-bearing deposits	591,405	549,358
Total deposits	669,189	622,717
Borrowings from Federal Home Loan Bank, short-term	27,800	22,900
Borrowings from Federal Home Loan Bank, long-term	20,300	18,800
Accrued expenses and other liabilities	8,767	7,310
Total liabilities	726,056	671,727
SHAREHOLDERS' EQUITY
Preferred stock, Authorized - 1,000,000 shares; Issued - None	0	0
Common stock, par value $.10 per share; Authorized - 12,000,000 shares; Issued - 4,305,670 shares Outstanding 4,228,957 shares at December 31, 2015, and 4,222,357 shares at June 30, 2015	431	431
Additional paid-in capital	11,259	11,220
Retained earnings	60,451	56,696
Accumulated other comprehensive loss	(812)	(798)
Treasury stock, at cost 76,713 shares at December 31, 2015, and 83,313 shares at June 30, 2015	(579)	(629)
Total shareholders' equity	70,750	66,920
Total liabilities and shareholders' equity	$ 796,806	$ 738,647

Consolidated Statements of Fin3

Consolidated Statements of Financial Condition (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
ASSETS
Securities held-to-maturity, fair value	$ 182,063	$ 171,976
SHAREHOLDERS' EQUITY
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.10	$ 0.10
Common stock, shares authorized (in shares)	12,000,000	12,000,000
Common stock, shares issued (in shares)	4,305,670	4,305,670
Common stock, shares outstanding (in shares)	4,228,957	4,222,357
Treasury stock, shares (in shares)	76,713	83,313

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Interest income:
Loans	$ 5,479	$ 4,944	$ 10,772	$ 9,783
Investment securities - taxable	139	134	273	277
Mortgage-backed securities	786	741	1,553	1,446
Investment securities - tax exempt	730	580	1,397	1,132
Interest-bearing deposits and federal funds sold	2	8	4	10
Total interest income	7,136	6,407	13,999	12,648
Interest expense:
Interest on deposits	540	500	1,071	1,001
Interest on borrowings	86	63	169	124
Total interest expense	626	563	1,240	1,125
Net interest income	6,510	5,844	12,759	11,523
Provision for loan losses	343	305	717	716
Net interest income after provision for loan losses	6,167	5,539	12,042	10,807
Noninterest income:
Service charges on deposit accounts	766	730	1,483	1,446
Debit card fees	453	429	905	844
Investment services	78	87	171	189
E-commerce fees	17	25	41	53
Other operating income	264	169	424	377
Total noninterest income	1,578	1,440	3,024	2,909
Noninterest expense:
Salaries and employee benefits	2,514	2,390	4,938	4,757
Occupancy expense	333	344	696	668
Equipment and furniture expense	118	177	238	253
Service and data processing fees	508	388	918	842
Computer software, supplies and support	96	106	229	339
Advertising and promotion	94	51	195	132
FDIC insurance premiums	104	101	204	192
Legal and professional fees	277	379	537	592
Other	683	560	1,292	998
Total noninterest expense	4,727	4,496	9,247	8,773
Income before provision for income taxes	3,018	2,483	5,819	4,943
Provision for income taxes	698	672	1,349	1,357
Net income	$ 2,320	$ 1,811	$ 4,470	$ 3,586
Basic earnings per share (in dollars per share)	$ 0.55	$ 0.43	$ 1.06	$ 0.85
Basic average shares outstanding (in shares)	4,225,924	4,217,118	4,224,540	4,215,738
Diluted earnings per share (in dollars per share)	$ 0.55	$ 0.43	$ 1.05	$ 0.84
Diluted average shares outstanding (in shares)	4,251,483	4,248,175	4,250,456	4,246,793
Dividends per share (in dollars per share)	$ 0.185	$ 0.180	$ 0.37	$ 0.36

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Consolidated Statements of Comprehensive Income (Unaudited) [Abstract]
Net Income	$ 2,320	$ 1,811	$ 4,470	$ 3,586
Other comprehensive (loss) income:
Unrealized holding (losses) gains on available-for-sale securities, net of income taxes	(55)	124	(21)	142
Accretion of unrealized loss on securities transferred to held-to-maturity, net of income taxes	1	54	7	159
Total other comprehensive (loss) income, net of taxes	(54)	178	(14)	301
Comprehensive income	$ 2,266	$ 1,989	$ 4,456	$ 3,887

Consolidated Statements of Com6

Consolidated Statements of Comprehensive Income (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Other comprehensive (loss) income:
Unrealized holding (losses) gains on available-for-sale securities, income taxes	$ (35)	$ 77	$ (14)	$ 89
Accretion of unrealized loss on securities transferred to held-to-maturity, income taxes	$ 0	$ 34	$ 4	$ 100

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($) $ in Thousands		Common Stock [Member]	Additional Paid-In Capital [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Loss [Member]	Treasury Stock [Member]	Total
Balance at Jun. 30, 2014		$ 431	$ 11,208	$ 51,305	$ (1,050)	$ (694)	$ 61,200
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Options exercised			25			39	64
Tax benefit of stock based compensation			6				6
Dividends declared	[1]			(693)			(693)
Net income				3,586			3,586
Other comprehensive (loss) income, net of taxes					301		301
Balance at Dec. 31, 2014		431	11,239	54,198	(749)	(655)	64,464
Balance at Jun. 30, 2015		431	11,220	56,696	(798)	(629)	66,920
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Options exercised			33			50	83
Tax benefit of stock based compensation			6				6
Dividends declared	[1]			(715)			(715)
Net income				4,470			4,470
Other comprehensive (loss) income, net of taxes					(14)		(14)
Balance at Dec. 31, 2015		$ 431	$ 11,259	$ 60,451	$ (812)	$ (579)	$ 70,750
[1]	Dividends declared were $0.37 per share and $0.36 per share for the six months ended December 31, 2015 and 2014. This is based on total number of shares outstanding. However, Greene County Bancorp, MHC, the owner of 54.5% of the Company's shares outstanding at December 31, 2015, waived its right to receive dividends during the six months ended December 31, 2015 and 2014. The MHC's ability to waive the receipt of dividends is dependent upon annual approval of its members as well as receiving the non-objection of the Federal Reserve Board.

Consolidated Statements of Cha8

Consolidated Statements of Changes in Shareholders' Equity (Parenthetical)	3 Months Ended	6 Months Ended
	Dec. 31, 2015$ / shares	Dec. 31, 2015$ / shares
Consolidated Statements of Changes in Shareholders' Equity (Unaudited) [Abstract]
Dividends per share (in dollars per share)	$ 0.185	$ 0.37
Ownership percentage	54.50%	54.50%

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Cash flows from operating activities:
Net Income	$ 4,470	$ 3,586
Adjustments to reconcile net income to net cash provided by operating activities
Depreciation	316	260
Deferred income tax	(2,451)	(1,542)
Net amortization of premiums and discounts	341	627
Net amortization of deferred loan costs and fees	190	182
Provision for loan losses	717	716
Losses on sale and write-downs of foreclosed real estate	177	92
Excess tax benefit from share based compensation	(6)	(6)
Net increase in accrued income taxes	3,104	2,837
Net increase in accrued interest receivable	(232)	(227)
Net increase in prepaid and other assets	(342)	(1,264)
Net decrease in other liabilities	165	122
Net cash provided by operating activities	6,449	5,383
Securities available-for-sale:
Proceeds from maturities	23,524	2,250
Purchases of securities	(34,067)	(18,941)
Principal payments on securities	2,846	3,805
Securities held-to-maturity:
Proceeds from maturities	5,558	9,822
Purchases of securities	(18,679)	(12,266)
Principal payments on securities	4,351	3,155
Net redemption of Federal Home Loan Bank Stock	(288)	(1,669)
Net increase in loans receivable	(35,933)	(24,807)
Proceeds from sale of foreclosed real estate	684	302
Purchases of premises and equipment	(141)	(308)
Net cash used by investing activities	(52,145)	(38,657)
Cash flows from financing activities:
Net increase in short-term FHLB advances	4,900	40,350
Proceeds from long-term FHLB advances	1,500	1,000
Payment of cash dividends	(715)	(693)
Proceeds from issuance of stock options	83	64
Excess tax benefit from share based compensation	6	6
Net increase (decrease) in deposits	46,472	(6,393)
Net cash provided by financing activities	52,246	34,334
Net increase in cash and cash equivalents	6,550	1,060
Cash and cash equivalents at beginning of period	15,538	13,809
Cash and cash equivalents at end of period	22,088	14,869
Non-cash investing activities:
Foreclosed loans transferred to foreclosed real estate	318	502
Cash paid during period for:
Interest	1,230	1,131
Income taxes	$ 696	$ 62

Basis of Presentation

Basis of Presentation	6 Months Ended
	Dec. 31, 2015
Basis of Presentation [Abstract]
Basis of Presentation	(1) Basis of Presentation The accompanying unaudited consolidated statement of financial condition as of June 30, 2015 was derived from the audited consolidated financial statements of Greene County Bancorp, Inc. (the “Company”) and its wholly owned subsidiaries, The Bank of Greene County (the “Bank”) and Greene Risk Management, Inc., and the Bank’s wholly owned subsidiaries, Greene County Commercial Bank and Greene Property Holdings, Ltd. The consolidated financial statements at and for the six and three months ended December 31, 2015 and 2014 are unaudited. The financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. To the extent that information and notes required by GAAP for complete financial statements are contained in or are consistent with the audited financial statements incorporated by reference to Greene County Bancorp, Inc.’s Annual Report on Form 10-K for the year ended June 30, 2015, such information and notes have not been duplicated herein. In the opinion of management, all adjustments (consisting of only normal recurring items) necessary for a fair presentation of the financial position and results of operations and cash flows at and for the periods presented have been included. Amounts in the prior year’s consolidated financial statements have been reclassified whenever necessary to conform to the current year’s presentation. These reclassifications, if any, had no effect on net income or retained earnings as previously reported. All material inter-company accounts and transactions have been eliminated in the consolidation. The results of operations and other data, for the six and three months ended December 31, 2015, are not necessarily indicative of results that may be expected for the entire fiscal year ending June 30, 2016. These consolidated financial statements consider events that occurred through the date the consolidated financial statements were issued. CRITICAL ACCOUNTING POLICIES Greene County Bancorp, Inc.’s critical accounting policies relate to the allowance for loan losses and the evaluation of securities for other-than-temporary impairment. The allowance for loan losses is based on management’s estimation of an amount that is intended to absorb losses in the existing loan portfolio. The allowance for loan losses is established through a provision for loan losses based on management’s evaluation of the risk inherent in the loan portfolio, the composition of the portfolio, specific impaired loans and current economic conditions. Such evaluation, which includes a review of all loans for which full collectibility may not be reasonably assured, considers among other matters, the estimated net realizable value or the fair value of the underlying collateral, economic conditions, historical loan loss experience, management’s estimate of probable credit losses and other factors that warrant recognition in providing for the allowance of loan losses. However, this evaluation involves a high degree of complexity and requires management to make subjective judgments that often require assumptions or estimates about highly uncertain matters. This critical accounting policy and its application are periodically reviewed with the Audit Committee and the Board of Directors. Securities are evaluated for other-than-temporary impairment by performing periodic reviews of individual securities in the investment portfolio. Greene County Bancorp, Inc. makes an assessment to determine whether there have been any events or economic circumstances to indicate that a security on which there is an unrealized loss is impaired on an other-than-temporary basis. The Company considers many factors, including the severity and duration of the impairment; the intent and ability of the Company to hold the security for a period of time sufficient for a recovery in value; recent events specific to the issuer or industry; and for debt securities, intent to sell the security, the likelihood to be required to sell the security before it recovers the entire amortized cost, external credit ratings and recent downgrades. The Company is required to record other-than-temporary impairment charges through earnings, if it has the intent to sell, or will more likely than not be required to sell an impaired debt security before a recovery of its amortized cost basis. In addition, the Company is required to record other-than-temporary impairment charges through earnings for the amount of credit losses, regardless of the intent or requirement to sell. Credit loss is measured as the difference between the present value of an impaired debt security’s cash flows and its amortized cost basis. Non-credit related impairment must be recorded as decreases to accumulated other comprehensive income as long as the Company has no intent or requirement to sell an impaired security before a recovery of amortized cost basis.

Nature of Operations

Nature of Operations	6 Months Ended
	Dec. 31, 2015
Nature of Operations [Abstract]
Nature of Operations	(2) Nature of Operations Greene County Bancorp, Inc.’s primary business is the ownership and operation of its subsidiaries, The Bank of Greene County and Greene Risk Management, Inc. The Bank of Greene County has 13 full-service offices, an operations center and lending center located in its market area within the Hudson Valley Region of New York State. The Bank of Greene County is primarily engaged in the business of attracting deposits from the general public in The Bank of Greene County’s market area, and investing such deposits, together with other sources of funds, in loans and investment securities. Greene Risk Management, Inc. is a pooled captive insurance company, which provides additional insurance coverage for the Company and its subsidiaries related to the operations of the Company for which insurance may not be economically feasible. The Bank of Greene County also owns and operates two subsidiaries, Greene County Commercial Bank and Greene Property Holdings, Ltd. Greene County Commercial Bank’s primary business is to attract deposits from and provide banking services to local municipalities. Greene Property Holdings, Ltd.is a real estate investment trust, which holds mortgages and notes which were originated through and serviced by The Bank of Greene County.

Use of Estimates

Use of Estimates	6 Months Ended
	Dec. 31, 2015
Use of Estimates [Abstract]
Use of Estimates	(3) Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could materially differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses and the assessment of other-than-temporary security impairment. While management uses available information to recognize losses on loans, future additions to the allowance for loan losses (the “Allowance”) may be necessary, based on changes in economic conditions, asset quality or other factors. In addition, various regulatory authorities, as an integral part of their examination process, periodically review the Allowance. Such authorities may require the Company to recognize additions to the Allowance based on their judgments of information available to them at the time of their examination. Greene County Bancorp, Inc. makes an assessment to determine whether there have been any events or economic circumstances to indicate that a security on which there is an unrealized loss is impaired on an other-than-temporary basis. The Company considers many factors including the severity and duration of the impairment; the intent and ability of the Company to hold the security for a period of time sufficient for a recovery in value; recent events specific to the issuer or industry; and for debt securities, intent to sell the security, whether it is more likely than not we will be required to sell the security before recovery, whether loss of the entire amortized cost is expected, external credit ratings and recent downgrades. Securities on which there is an unrealized loss that is deemed to be other-than-temporary are written down to fair value.

Securities

Securities	6 Months Ended
	Dec. 31, 2015
Securities [Abstract]
Securities	(4) Securities Securities at December 31, 2015 consisted of the following: (In thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Securities available-for-sale: U.S. government sponsored enterprises $ 4,597 $ 190 $ - $ 4,787 State and political subdivisions 53,113 7 - 53,120 Mortgage-backed securities-residential 7,046 114 25 7,135 Mortgage-backed securities-multi-family 23,108 589 11 23,686 Asset-backed securities 6 - 1 5 Corporate debt securities 4,537 175 9 4,703 Total debt securities 92,407 1,075 46 93,436 Equity securities 62 84 - 146 Total securities available-for-sale 92,469 1,159 46 93,582 Securities held-to-maturity: U.S. government sponsored enterprises 2,000 - 45 1,955 State and political subdivisions 90,038 3,371 29 93,380 Mortgage-backed securities-residential 14,582 598 - 15,180 Mortgage-backed securities-multi-family 68,216 1,083 450 68,849 Corporate debt securities 1,000 - - 1,000 Other securities 1,718 - 19 1,699 Total securities held-to-maturity 177,554 5,052 543 182,063 Total securities $ 270,023 $ 6,211 $ 589 $ 275,645 Securities at June 30, 2015 consisted of the following: (In thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Securities available-for-sale: U.S. government sponsored enterprises $ 7,608 $ 247 $ - $ 7,855 State and political subdivisions 39,574 9 1 39,582 Mortgage-backed securities-residential 7,797 155 10 7,942 Mortgage-backed securities-multi-family 25,291 486 42 25,735 Asset-backed securities 10 - 1 9 Corporate debt securities 4,544 242 12 4,774 Total debt securities 84,824 1,139 66 85,897 Equity securities 62 75 - 137 Total securities available-for-sale 84,886 1,214 66 86,034 Securities held-to-maturity: U.S. government sponsored enterprises 2,000 - 49 1,951 State and political subdivisions 81,501 2,137 187 83,451 Mortgage-backed securities-residential 17,468 768 - 18,236 Mortgage-backed securities-multi-family 67,239 990 665 67,564 Other securities 792 - 18 774 Total securities held-to-maturity 169,000 3,895 919 171,976 Total securities $ 253,886 $ 5,109 $ 985 $ 258,010 Greene County Bancorp, Inc.’s current policies generally limit securities investments to U.S. Government and securities of government sponsored enterprises, federal funds sold, municipal bonds, corporate debt obligations and certain mutual funds. In addition, the Company’s policies permit investments in mortgage-backed securities, including securities issued and guaranteed by Fannie Mae, Freddie Mac, and GNMA, and collateralized mortgage obligations issued by these entities. As of December 31, 2015, all mortgage-backed securities including collateralized mortgage obligations were securities of government sponsored enterprises, no private-label mortgage-backed securities or collateralized mortgage obligations were held in the securities portfolio. The Company’s investments in state and political subdivisions securities generally are municipal obligations that are general obligations supported by the general taxing authority of the issuer, and in some cases are insured. The obligations issued by school districts are supported by state aid. Primarily, these investments are issued by municipalities within New York State. The following table shows fair value and gross unrealized losses, aggregated by security category and length of time that individual securities have been in a continuous unrealized loss position, at December 31, 2015. Less Than 12 Months More Than 12 Months Total (In thousands, except number of securities) Fair Value Unrealized Losses Number of Securities Fair Value Unrealized Losses Number of Securities Fair Value Unrealized Losses Number of Securities Securities available-for-sale: Mortgage-backed securities-residential $ - $ - - $ 1,492 $ 25 1 $ 1,492 $ 25 1 Mortgage-backed securities-multi-family - - - 2,613 11 2 2,613 11 2 Asset-backed securities - - - 5 1 1 5 1 1 Corporate debt securities - - - 764 9 2 764 9 2 Total securities available-for-sale - - - 4,874 46 6 4,874 46 6 Securities held-to-maturity: U.S. government sponsored enterprises - - - 1,955 45 1 1,955 45 1 State and political subdivisions 647 3 7 2,514 26 13 3,161 29 20 Mortgage-backed securities-multi-family 7,117 66 2 30,773 384 7 37,890 450 9 Other securities 581 3 2 537 16 2 1,118 19 4 Total securities held-to-maturity 8,345 72 11 35,779 471 23 44,124 543 34 Total securities $ 8,345 $ 72 11 $ 40,653 $ 517 29 $ 48,998 $ 589 40 The following table shows fair value and gross unrealized losses, aggregated by security category and length of time that individual securities have been in a continuous unrealized loss position, at June 30, 2015. Less Than 12 Months More Than 12 Months Total (In thousands, except number of securities) Fair Value Unrealized Losses Number of Securities Fair Value Unrealized Losses Number of Securities Fair Value Unrealized Losses Number of Securities Securities available-for-sale: State and political subdivisions $ 799 $ 1 1 $ - $ - $ 799 $ 1 1 Mortgage-backed securities-residential - - - 1,630 10 1 1,630 10 1 Mortgage-backed securities-multi-family 2,023 26 1 753 16 1 2,776 42 2 Asset-backed securities - - - 9 1 1 9 1 1 Corporate debt securities 273 2 1 491 10 2 764 12 3 Total securities available-for-sale 3,095 29 3 2,883 37 5 5,978 66 8 Securities held-to-maturity: U.S. government sponsored enterprises - - - 1,951 49 1 1,951 49 1 State and political subdivisions 11,171 143 49 1,221 44 9 12,392 187 58 Mortgage-backed securities-multi-family 14,464 100 4 28,187 565 6 42,651 665 10 Other securities 334 11 1 202 7 1 536 18 2 Total securities held-to-maturity 25,969 254 54 31,561 665 17 57,530 919 71 Total securities $ 29,064 $ 283 57 $ 34,444 $ 702 22 $ 63,508 $ 985 79 When the fair value of a held-to-maturity or available-for-sale security is less than its amortized cost basis, an assessment is made as to whether other-than-temporary impairment (“OTTI”) is present. The Company considers numerous factors when determining whether a potential OTTI exists and the period over which the debt security is expected to recover. The principal factors considered are (1) the length of time and the extent to which the fair value has been less than the amortized cost basis, (2) the financial condition of the issuer (and guarantor, if any) and adverse conditions specifically related to the security, industry or geographic area, (3) failure of the issuer of the security to make scheduled interest or principal payments, (4) any changes to the rating of the security by a rating agency, and (5) the presence of credit enhancements, if any, including the guarantee of the federal government or any of its agencies. For debt securities, OTTI is considered to have occurred if (1) the Company intends to sell the security, (2) it is more likely than not the Company will be required to sell the security before recovery of its amortized cost basis, or (3) if the present value of expected cash flows is not sufficient to recover the entire amortized cost basis. In determining the present value of expected cash flows, the Company discounts the expected cash flows at the effective interest rate implicit in the security at the date of acquisition. In estimating cash flows expected to be collected, the Company uses available information with respect to security prepayment speeds, default rates and severity. In determining whether OTTI has occurred for equity securities, the Company considers the applicable factors described above and the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. For debt securities, credit-related OTTI is recognized in income while noncredit related OTTI on securities not expected to be sold is recognized in other comprehensive income (“OCI”). Credit-related OTTI is measured as the difference between the present value of an impaired security’s expected cash flows and its amortized cost basis. Noncredit-related OTTI is measured as the difference between the fair value of the security and its amortized cost less any credit-related losses recognized. For securities classified as held-to-maturity, the amount of OTTI recognized in OCI is accreted to the credit-adjusted expected cash flow amounts of the securities over future periods. For equity securities, the entire amount of OTTI is recognized in income. Management evaluated securities considering the factors as outlined above, and based on this evaluation the Company does not consider these investments to be other-than-temporarily impaired at December 31, 2015. Management believes that the reasons for the decline in fair value are due to interest rates and widening credit spreads at the end of the quarter. During the six and three months ended December 31, 2015 and 2014, there were no sales of securities and no gains or losses were recognized. There was no other-than-temporary impairment loss recognized during the six and three months ended December 31, 2015 and 2014. The estimated fair values of debt securities at December 31, 2015, by contractual maturity are shown below. Expected maturities may differ from contractual maturities, because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. (In thousands) Available-for-sale debt securities Amortized Cost Fair Value Within one year $ 54,068 $ 54,113 After one year through five years 8,179 8,497 After five years through ten years - - After ten years - - Total available-for-sale debt securities 62,247 62,610 Mortgage-backed and asset-backed securities 30,160 30,826 Equity securities 62 146 Total available-for-sale securities 92,469 93,582 Held-to-maturity debt securities Within one year 12,908 13,128 After one year through five years 51,013 52,355 After five years through ten years 22,290 23,308 After ten years 8,545 9,243 Total held-to-maturity debt securities 94,756 98,034 Mortgage-backed 82,798 84,029 Total held-to-maturity securities 177,554 182,063 Total securities $ 270,023 $ 275,645 As of December 31, 2015 and June 30, 2015, respectively, securities with an aggregate fair value of $245.9 Federal Home Loan Bank Stock Federal law requires a member institution of the Federal Home Loan Bank (“FHLB”) system to hold stock of its district FHLB according to a predetermined formula. This stock is restricted in that it can only be sold to the FHLB or to another member institution, and all sales of FHLB stock must be at par. As a result of these restrictions, FHLB stock is carried at cost. FHLB stock is held as a long-term investment and its value is determined based on the ultimate recoverability of the par value. Impairment of this investment is evaluated quarterly and is a matter of judgment that reflects management’s view of the FHLB’s long-term performance, which includes factors such as the following: its operating performance; the severity and duration of declines in the fair value of its net assets related to its capital stock amount; its commitment to make payments required by law or regulation and the level of such payments in relation to its operating performance; the impact of legislative and regulatory changes on the FHLB, and accordingly, on the members of the FHLB; and its liquidity and funding position. After evaluating these considerations, Greene County Bancorp, Inc. concluded that the par value of its investment in FHLB stock will be recovered and, therefore, no other-than-temporary impairment charge was recorded during the six and three months ended December 31, 2015 or 2014.

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	6 Months Ended
	Dec. 31, 2015
Loans and Allowance for Loan Losses [Abstract]
Loans and Allowance for Loan Losses	(5) Loans and Allowance for Loan Losses Loan segments and classes at December 31, 2015 and June 30, 2015 are summarized as follows: (In thousands) December 31, 2015 June 30, 2015 Residential real estate: Residential real estate $ 229,698 $ 226,648 Residential construction and land 5,212 3,621 Multi-family 4,443 4,287 Commercial real estate: Commercial real estate 163,110 142,323 Commercial construction 12,761 8,936 Consumer loan: Home equity 21,165 21,019 Consumer installment 4,097 4,123 Commercial loans 45,442 39,798 Total gross loans 485,928 450,755 Allowance for loan losses (8,611 ) (8,142 ) Deferred fees and costs 887 883 Loans receivable, net $ 478,204 $ 443,496 Management closely monitors the quality of the loan portfolio and has established a loan review process designed to help grade the quality and profitability of the Company’s loan portfolio. The credit quality grade helps management make a consistent assessment of each loan relationship’s credit risk. Consistent with regulatory guidelines, The Bank of Greene County provides for the classification of loans considered being of lesser quality. Such ratings coincide with the “Substandard,” “Doubtful” and “Loss” classifications used by federal regulators in their examination of financial institutions. Generally, an asset is considered Substandard if it is inadequately protected by the current net worth and paying capacity of the obligors and/or the collateral pledged. Substandard assets include those characterized by the distinct possibility that the insured financial institution will sustain some loss if the deficiencies are not corrected. Assets classified as Doubtful have all the weaknesses inherent in assets classified Substandard with the added characteristic that the weaknesses present make collection or liquidation in full, on the basis of currently existing facts, highly questionable and improbable. Assets classified as Loss are those considered uncollectible and of such little value that their continuance as assets without the establishment of a full loss reserve and/or charge-off is not warranted. Assets that do not currently expose the Company to sufficient risk to warrant classification in one of the aforementioned categories but otherwise possess weaknesses are designated “Special Mention.” Management also maintains a listing of loans designated “Watch.” These loans represent borrowers with declining earnings, strained cash flow, increasing leverage and/or weakening market fundamentals that indicate above average risk. When The Bank of Greene County classifies problem assets as either Substandard or Doubtful, it generally establishes a specific valuation allowance or “loss reserve” in an amount deemed prudent by management. General allowances represent loss allowances that have been established to recognize the inherent risk associated with lending activities, but which, unlike specific allowances, have not been allocated to particular loans. When The Bank of Greene County identifies problem loans as being impaired, it is required to evaluate whether the Bank will be able to collect all amounts due either through repayments or the liquidation of the underlying collateral. If it is determined that impairment exists, the Bank is required either to establish a specific allowance for losses equal to the amount of impairment of the assets, or to charge-off such amount. The Bank of Greene County’s determination as to the classification of its loans and the amount of its valuation allowance is subject to review by its regulatory agencies, which can order the establishment of additional general or specific loss allowances. The Bank of Greene County reviews its portfolio monthly to determine whether any assets require classification in accordance with applicable regulations. The Bank primarily has four segments within its loan portfolio that it considers when measuring credit quality: residential real estate loans, commercial real estate loans, consumer loans and commercial loans. The residential real estate portfolio consists of residential, construction, and multifamily loan classes. Commercial real estate loans consist of commercial real estate and commercial construction loan classes. Consumer loans consist of home equity loan and consumer installment loan classes. Commercial loans consist of installment loans and lines of credit issued to business. The inherent risk within the loan portfolio varies depending upon each of these loan types. The Bank of Greene County’s primary lending activity is the origination of residential mortgage loans, including home equity loans, which are collateralized by residences. Generally, residential mortgage loans are made in amounts up to 89.9% of the appraised value of the property. However, The Bank of Greene County will originate residential mortgage loans with loan-to-value ratios of up to 95.0%, with private mortgage insurance. In the event of default by the borrower, The Bank of Greene County will acquire and liquidate the underlying collateral. By originating the loan at a loan-to-value ratio of 89.9% or less or obtaining private mortgage insurance, The Bank of Greene County limits its risk of loss in the event of default. However, the market values of the collateral may be adversely impacted by declines in the economy. Home equity loans may have an additional inherent risk if The Bank of Greene County does not hold the first mortgage. The Bank of Greene County may stand in a secondary position in the event of collateral liquidation resulting in a greater chance of insufficiency to meet all obligations. Construction lending generally involves a greater degree of risk than other residential mortgage lending. The repayment of the construction loan is, to a great degree, dependent upon the successful and timely completion of the construction of the subject property within specified cost limits. The Bank of Greene County completes inspections during the construction phase prior to any disbursements. The Bank of Greene County limits its risk during the construction as disbursements are not made until the required work for each advance has been completed. Construction delays may further impair the borrower’s ability to repay the loan. Loans collateralized by commercial real estate, and multi-family dwellings, such as apartment buildings generally are larger than residential loans and involve a greater degree of risk. Commercial real estate loans often involve large loan balances to single borrowers or groups of related borrowers. Payments on these loans depend to a large degree on the results of operations and management of the properties or underlying businesses, and may be affected to a greater extent by adverse conditions in the real estate market or the economy in general. Accordingly, the nature of commercial real estate loans makes them more difficult for management to monitor and evaluate. Consumer loans generally have shorter terms and higher interest rates than residential mortgage loans. In addition, consumer loans expand the products and services offered by The Bank of Greene County to better meet the financial services needs of its customers. Consumer loans generally involve greater credit risk than residential mortgage loans because of the difference in the nature of the underlying collateral. Repossessed collateral for a defaulted consumer loan may not provide an adequate source of repayment of the outstanding loan balance because of the greater likelihood of damage, loss or depreciation in the underlying collateral. The remaining deficiency often does not warrant further substantial collection efforts against the borrower beyond obtaining a deficiency judgment. In addition, consumer loan collections depend on the borrower’s personal financial stability. Furthermore, the application of various federal and state laws, including federal and state bankruptcy and insolvency laws, may limit the amount that can be recovered on such loans. Commercial lending generally involves greater risk than residential mortgage lending and involves risks that are different from those associated with residential and commercial real estate mortgage lending. Real estate lending is generally considered to be collateral-based, with loan amounts based on fixed loan-to-collateral values, and liquidation of the underlying real estate collateral is viewed as the primary source of repayment in the event of borrower default. Although commercial loans may be collateralized by equipment or other business assets, the liquidation of collateral in the event of a borrower default is often an insufficient source of repayment because equipment and other business assets may be obsolete or of limited use, among other things. Accordingly, the repayment of a commercial loan depends primarily on the creditworthiness of the borrower (and any guarantors), while liquidation of collateral is a secondary and often insufficient source of repayment. Loan balances by internal credit quality indicator as of December 31, 2015 are shown below. ( In thousands Performing Watch Special Mention Substandard Total Residential real estate $ 227,712 $ 307 $ 95 $ 1,584 $ 229,698 Residential construction and land 5,212 - - - 5,212 Multi-family 4,342 - - 101 4,443 Commercial real estate 160,310 429 540 1,831 163,110 Commercial construction 12,761 - - - 12,761 Home equity 21,146 - 14 5 21,165 Consumer installment 4,089 4 - 4 4,097 Commercial loans 44,109 - 821 512 45,442 Total gross loans $ 479,681 $ 740 $ 1,470 $ 4,037 $ 485,928 Loan balances by internal credit quality indicator as of June 30, 2015 are shown below. (In thousands Performing Watch Special Mention Substandard Total Residential real estate $ 224,195 $ 638 $ 97 $ 1,718 $ 226,648 Residential construction and land 3,621 - - - 3,621 Multi-family 4,182 - - 105 4,287 Commercial real estate 138,468 - 986 2,869 142,323 Commercial construction 8,936 - - - 8,936 Home equity 20,731 - 15 273 21,019 Consumer installment 4,117 6 - - 4,123 Commercial loans 38,334 - 844 620 39,798 Total gross loans $ 442,584 $ 644 $ 1,942 $ 5,585 $ 450,755 The Company had no loans classified Doubtful or Loss at December 31, 2015 or June 30, 2015. Nonaccrual Loans Management places loans on nonaccrual status once the loans have become 90 days or more delinquent. A nonaccrual loan is defined as a loan in which collectability is questionable and therefore interest on the loan will no longer be recognized on an accrual basis. A loan is not placed back on accrual status until the borrower has demonstrated the ability and willingness to make timely payments on the loan. A loan does not have to be 90 days delinquent in order to be classified as nonaccrual. Nonaccrual loans consisted primarily of loans secured by real estate at December 31, 2015 and June 30, 2015. Loans on nonaccrual status totaled $3.6 million at December 31, 2015, of which $1.3 million were in the process of foreclosure. Included in nonaccrual loans were $1.7 million of loans which were less than 90 days past due at December 31, 2015, but have a recent history of delinquency greater than 90 days past due. These loans will be returned to accrual status once they have demonstrated a history of timely payments. Included in total loans past due were $671,000 of loans which were making payments pursuant to forbearance agreements. Under the forbearance agreements, the customers have made arrangements with the Bank to bring the loans current over a specified period of time (resulting in an insignificant delay in repayment). During this term of the forbearance agreement, the Bank has agreed not to continue foreclosure proceedings. Loans on nonaccrual status totaled $4.6 million at June 30, 2015 of which $1.2 million were in the process of foreclosure. Included in nonaccrual loans were $2.6 million of loans which were less than 90 days past due at June 30, 2015, but have a recent history of delinquency greater than 90 days past due. The following table sets forth information regarding delinquent and/or nonaccrual loans as of December 31, 2015: (In thousands) 30-59 days past due 60-89 days past due 90 days or more past due Total past due Current Total Loans Loans on Non- accrual Residential real estate $ 1,279 $ - $ 946 $ 2,225 $ 227,473 $ 229,698 $ 961 Residential construction and land - - - - 5,212 5,212 - Multi-family 96 - - 96 4,347 4,443 - Commercial real estate 604 - 1,004 1,608 161,502 163,110 2,353 Commercial construction - - - - 12,761 12,761 - Home equity 256 - 5 261 20,904 21,165 19 Consumer installment 83 4 - 87 4,010 4,097 4 Commercial loans 125 - 75 200 45,242 45,442 282 Total gross loans $ 2,443 $ 4 $ 2,030 $ 4,477 $ 481,451 $ 485,928 $ 3,619 The following table sets forth information regarding delinquent and/or nonaccrual loans as of June 30, 2015: (In thousands) 30-59 days past due 60-89 days past due 90 days or more past due Total past due Current Total Loans Loans on Non- accrual Residential real estate $ 1,233 $ 329 $ 785 $ 2,347 $ 224,301 $ 226,648 $ 1,087 Residential construction and land 28 - - 28 3,593 3,621 - Multi-family - - - - 4,287 4,287 - Commercial real estate 339 1 1,132 1,472 140,851 142,323 2,964 Commercial construction - - - - 8,936 8,936 - Home equity 244 - 33 277 20,742 21,019 169 Consumer installment 25 6 - 31 4,092 4,123 - Commercial loans - - 175 175 39,623 39,798 388 Total gross loans $ 1,869 $ 336 $ 2,125 $ 4,330 $ 446,425 $ 450,755 $ 4,608 The Bank of Greene County had accruing loans delinquent more than 90 days totaling $81,000 and $84,000 as of December 31, 2015 and June 30, 2015, respectively. The loans delinquent more than 90 days and accruing consist of loans that are well collateralized and the borrowers have demonstrated the ability and willingness to pay. The borrower has made arrangements with the Bank to bring the loan current within a specified time period and has made a series of payments as agreed. The table below details additional information related to nonaccrual loans for the six and three months ended December 31: For the six months ended December 31, For the three months ended December 31 (In thousands) 2015 2014 2015 2014 Interest income that would have been recorded if loans had been performing in accordance with original terms $ 159 $ 199 $ 58 $ 71 Interest income that was recorded on nonaccrual loans 99 85 50 39 Impaired Loan Analysis The Company identifies impaired loans and measures the impairment in accordance with Financial Accounting Standards Board (“FASB”) Accounting Standards Codification (“ASC”) subtopic “ Receivables – Loan Impairment.” The tables below detail additional information on impaired loans at the date or periods indicated: As of December 31, 2015 For the six months ended December 31, 2015 For the three months ended December 31, 2015 (In thousands) Recorded Investment Unpaid Principal Related Allowance Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no related allowance recorded: Residential real estate $ 124 $ 124 $ - $ 267 $ 2 $ 185 $ - Commercial real estate 1,030 1,236 - 1,143 17 1,086 11 Home equity 5 5 - 90 1 46 - Impaired loans with no allowance 1,159 1,365 - 1,500 20 1,317 11 With an allowance recorded: Residential real estate 1,376 1,376 260 1,393 28 1,382 14 Commercial real estate 413 413 60 566 12 461 6 Commercial loans 89 89 2 91 3 89 2 Impaired loans with allowance 1,878 1,878 322 2,050 43 1,932 22 Total impaired: Residential real estate 1,500 1,500 260 1,660 30 1,567 14 Commercial real estate 1,443 1,649 60 1,709 29 1,547 17 Home equity 5 5 - 90 1 46 - Commercial loans 89 89 2 91 3 89 2 Total impaired loans $ 3,037 $ 3,243 $ 322 $ 3,550 $ 63 $ 3,249 $ 33 As of June 30, 2015 For the six months ended December 31, 2014 For the three months ended December 31, 2014 (In thousands) Recorded Investment Unpaid Principal Related Allowance Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no related allowance recorded: Residential real estate $ 432 $ 432 $ - $ 672 $ 13 $ 672 $ 10 Commercial real estate 1,206 1,412 - 457 13 455 6 Home equity 154 154 - 80 - 64 - Impaired loans with no allowance 1,792 1,998 - 1,209 26 1,191 16 With an allowance recorded: Residential real estate 1,411 1,411 263 2,669 47 2,450 16 Commercial real estate 895 895 187 2,476 42 2,429 - Home equity - - - 200 - 200 - Commercial loans 93 93 1 600 20 599 10 Impaired loans with allowance 2,399 2,399 451 5,945 109 5,678 26 Total impaired: Residential mortgage 1,843 1,843 263 3,341 60 3,122 26 Nonresidential mortgage 2,101 2,307 187 2,933 55 2,884 6 Home equity 154 154 - 280 - 264 - Commercial loans 93 93 1 600 20 599 10 Total impaired loans $ 4,191 $ 4,397 $ 451 $ 7,154 $ 135 $ 6,869 $ 42 The table below details loans that have been modified as a troubled debt restructuring during the six and three month periods ended December 31, 2015 and 2014. (D ollars in thousands) Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Current Outstanding Recorded Investment Six months ended December 31, 2015 Residential real estate - $ - $ - $ - Six months ended December 31, 2014 Residential real estate 1 $ 164 $ 184 $ 184 Three months ended December 31, 2015 Residential real estate - $ - $ - $ - Three months ended December 31, 2014 Residential real estate 1 $ 164 $ 184 $ 184 There were no loans that had been modified as a troubled debt restructuring during the twelve months prior to June 30, 2015 or 2014 which have subsequently defaulted during the six and three months ended December 31, 2015 or 2014, respectively. Allowance for Loan Losses The allowance for loan losses is established through a provision for loan losses based on management’s evaluation of the risk inherent in the loan portfolio, the composition of the loan portfolio, specific impaired loans and current economic conditions. Such evaluation, which includes a review of certain identified loans on which full collectability may not be reasonably assured, considers among other matters, the estimated net realizable value or the fair value of the underlying collateral, economic conditions, payment status of the loan, historical loan loss experience and other factors that warrant recognition in providing for the loan loss allowance. In addition, various regulatory agencies, as an integral part of their examination process, periodically review The Bank of Greene County’s allowance for loan losses. Such agencies may require The Bank of Greene County to recognize additions to the allowance based on their judgment about information available to them at the time of their examination. The Bank of Greene County considers smaller balance residential mortgages, home equity loans, commercial loans and installment loans to customers as small, homogeneous loans, which are evaluated for impairment collectively based on historical loss experience. Larger balance residential, commercial mortgage and business loans are viewed individually and considered impaired if it is probable that The Bank of Greene County will not be able to collect scheduled payments of principal and interest when due, according to the contractual terms of the loan agreements. The measurement of impaired loans is generally based on the fair value of the underlying collateral. The Bank of Greene County charges loans off against the allowance for credit losses when it becomes evident that a loan cannot be collected within a reasonable amount of time or that it will cost the Bank more than it will receive, and all possible avenues of repayment have been analyzed, including the potential of future cash flow, the value of the underlying collateral, and strength of any guarantors or co-borrowers. Generally, consumer loans and smaller business loans (not secured by real estate) in excess of 90 days are charged-off against the allowance for loan losses, unless equitable arrangements are made. For loans secured by real estate, a charge-off is recorded when it is determined that the collection of all or a portion of a loan may not be collected and the amount of that loss can be reasonably estimated. The following tables set forth the activity and allocation of the allowance for loan losses by loan category during and at the periods indicated. The allowance is allocated to each loan category based on historical loss experience and economic conditions. Activity for the three months ended December 31, 2015 (In thousands) Balance at September 30, 2015 Charge-offs Recoveries Provision Balance at December 31, 2015 Residential real estate $ 2,386 $ - $ - $ 6 $ 2,392 Residential construction and land 62 - - 8 70 Multi-family 25 - - - 25 Commercial real estate 3,814 148 - 354 4,020 Commercial construction 162 - - 169 331 Home equity 319 - - (14 ) 305 Consumer installment 240 65 15 (2 ) 188 Commercial loans 1,252 - - 20 1,272 Unallocated 206 - - (198 ) 8 Total $ 8,466 $ 213 $ 15 $ 343 $ 8,611 Activity for the six months ended December 31, 2015 (In thousands) Balance at June 30, 2015 Charge-offs Recoveries Provision Balance at December 31, 2015 Residential real estate $ 2,454 $ - $ - $ (62 ) $ 2,392 Residential construction and land 50 - - 20 70 Multi-family 40 - - (15 ) 25 Commercial real estate 3,699 162 17 466 4,020 Commercial construction 233 - - 98 331 Home equity 314 - - (9 ) 305 Consumer installment 223 143 40 68 188 Commercial loans 1,129 - - 143 1,272 Unallocated - - - 8 8 Total $ 8,142 $ 305 $ 57 $ 717 $ 8,611 Allowance for Loan Losses Loans Receivable Ending Balance December 31, 2015 Impairment Analysis Ending Balance December 31, 2015 Impairment Analysis (In thousands) Individually Evaluated Collectively Evaluated Individually Evaluated Collectively Evaluated Residential real estate $ 260 $ 2,132 $ 1,500 $ 228,198 Residential construction and land - 70 - 5,212 Multi-family - 25 - 4,443 Commercial real estate 60 3,960 1,443 161,667 Commercial construction - 331 - 12,761 Home equity - 305 5 21,160 Consumer installment - 188 - 4,097 Commercial loans 2 1,270 89 45,353 Unallocated - 8 - - Total $ 322 $ 8,289 $ 3,037 $ 482,891 Activity for the three months ended December 31, 2014 (In thousands) Balance at September 30, 2014 Charge-offs Recoveries Provision Balance at December 31, 2014 Residential real estate $ 2,647 $ 168 $ - $ 110 $ 2,589 Residential construction and land 41 - - 10 51 Multi-family 45 - - (1 ) 44 Commercial real estate 3,164 - - 303 3,467 Commercial construction 109 - - 39 148 Home equity 376 - - (4 ) 372 Consumer installment 243 66 5 62 244 Commercial loans 831 6 6 50 881 Unallocated 264 - - (264 ) - Total $ 7,720 $ 240 $ 11 $ 305 $ 7,796 Activity for the six months ended December 31, 2014 (In thousands) Balance at June 30, 2014 Charge-offs Recoveries Provision Balance at December 31, 2014 Residential real estate $ 2,731 $ 242 $ - $ 100 $ 2,589 Residential construction and land 42 - - 9 51 Multi-family 59 - - (15 ) 44 Commercial real estate 2,936 - - 531 3,467 Commercial construction 38 - - 110 148 Home equity 361 - - 11 372 Consumer installment 240 121 24 101 244 Commercial loans 811 6 6 70 881 Unallocated 201 - - (201 ) - Total $ 7,419 $ 369 $ 30 $ 716 $ 7,796 Allowance for Loan Losses Loans Receivable Ending Balance June 30, 2015 Impairment Analysis Ending Balance June 30, 2015 Impairment Analysis (In thousands) Individually Evaluated Collectively Evaluated Individually Evaluated Collectively Evaluated Residential real estate $ 263 $ 2,191 $ 1,843 $ 224,805 Residential construction and land - 50 - 3,621 Multi-family - 40 - 4,287 Commercial real estate 187 3,512 2,101 140,222 Commercial construction - 233 - 8,936 Home equity - 314 154 20,865 Consumer installment - 223 - 4,123 Commercial loans 1 1,128 93 39,705 Unallocated - - - - Total $ 451 $ 7,691 $ 4,191 $ 446,564

Fair Value Measurements and Fai

Fair Value Measurements and Fair Value of Financial Instruments	6 Months Ended
	Dec. 31, 2015
Fair Value Measurements and Fair Value of Financial Instruments [Abstract]
Fair Value Measurements and Fair Value of Financial Instruments	(6) Fair Value Measurements and Fair Value of Financial Instruments Management uses its best judgment in estimating the fair value of the Company’s financial instruments; however, there are inherent weaknesses in any estimation technique. Therefore, for substantially all financial instruments, the fair value estimates herein are not necessarily indicative of the amounts the Company could have realized in a sale transaction on the dates indicated. The estimated fair value amounts have been measured as of December 31, 2015 and June 30, 2015 and have not been re-evaluated or updated for purposes of these consolidated financial statements subsequent to those respective dates. As such, the estimated fair values of these financial instruments subsequent to the respective reporting dates may be different than the amounts reported at each period-end. The following information should not be interpreted as an estimate of the fair value of the entire Company since a fair value calculation is only provided for a limited portion of the Company’s assets and liabilities. Due to a wide range of valuation techniques and the degree of subjectivity used in making the estimates, comparisons between the Company’s disclosures and those of other companies may not be meaningful. The FASB ASC Topic on “ Fair Value Measurement” Level 1: Unadjusted quoted prices in active markets that are accessible at the measurement date for identical, unrestricted assets or liabilities. Level 2: Quoted prices in markets that are not active, or inputs that are observable either directly or indirectly, for substantially the full term of the asset or liability. Level 3: Prices or valuation techniques that require inputs that are both significant to the fair value measurement and unobservable (i.e., supported with little or no market activity). An asset’s or liability’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. For assets measured at fair value on a recurring basis, the fair value measurements by level within the fair value hierarchy used are as follows: Fair Value Measurements Using (In thousands) December 31, 2015 Quoted Prices In Active Markets For Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Assets: U.S. Government sponsored enterprises $ 4,787 $ - $ 4,787 $ - State and political subdivisions 53,120 - 53,120 - Mortgage-backed securities-residential 7,135 - 7,135 - Mortgage-backed securities-multi-family 23,686 - 23,686 - Asset-backed securities 5 5 - - Corporate debt securities 4,703 4,703 - - Equity securities 146 146 - - Securities available-for-sale $ 93,582 $ 4,854 $ 88,728 $ - Fair Value Measurements Using (In thousands) June 30, 2015 Quoted Prices In Active Markets For Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Assets: U.S. Government sponsored enterprises $ 7,855 $ - $ 7,855 $ - State and political subdivisions 39,582 - 39,582 - Mortgage-backed securities-residential 7,942 - 7,942 - Mortgage-backed securities-multi-family 25,735 - 25,735 - Asset-backed securities 9 9 - - Corporate debt securities 4,774 4,774 - - Equity securities 137 137 - - Securities available-for-sale $ 86,034 $ 4,920 $ 81,114 $ - Certain investments that are actively traded and have quoted market prices have been classified as Level 1 valuations. Other available-for-sale investment securities have been valued by reference to prices for similar securities or through model-based techniques in which all significant inputs are observable and, therefore, such valuations have been classified as Level 2. In addition to disclosures of the fair value of assets on a recurring basis, FASB ASC Topic on “ Fair Value Measurement” Receivables –Loan Impairment” Fair Value Measurements Using (In thousands) Fair Value (Level 1) (Level 2) (Level 3) December 31, 2015 Impaired loans $ 248 $ - $ - $ 248 Foreclosed real estate 304 - - 304 June 30, 2015 Impaired loans $ 922 $ - $ - $ 922 Foreclosed real estate 490 - - 490 The following table presents additional quantitative information about assets measured at fair value on a nonrecurring basis and for which Level 3 inputs were utilized to determine fair value: (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range Weighted Average December 31, 2015 Impaired Loans $ 248 Appraisal of collateral (1) Appraisal adjustments (2) 16.50%-38.85 % 27.37 % Liquidation expenses (3) 4.09%-8.35 % 6.25 % Foreclosed real estate 304 Appraisal of collateral (1) Appraisal adjustments (2) 0.00%-54.17 % 10.73 % Liquidation expenses (3) 0.42%-11.64 % 9.49 % June 30, 2015 Impaired loans $ 922 Appraisal of collateral (1) Appraisal adjustments (2) 0.00%-38.85 % 22.81 % Liquidation expenses (3) 0.00%-7.50 % 3.91 % Foreclosed real estate 490 Appraisal of collateral (1) Appraisal adjustments (2) 7.41%-54.17 % 24.65 % Liquidation expenses (3) 0.42%-10.86 % 6.40 % (1) Fair value is generally determined through independent third-party appraisals of the underlying collateral, which generally includes various Level 3 inputs which are not observable. (2) Appraisals may be adjusted downwards by management for qualitative factors such as economic conditions. Higher downward adjustments are caused by negative changes to the collateral or conditions in the real estate market, actual offers or sales contracts received or age of the appraisal. (3) Appraisals may be adjusted downwards by management for qualitative factors such as the estimated costs to liquidate the collateral. At December 31, 2015, loans subject to nonrecurring fair value measurement had a recorded investment of $402,000 with related allowances of $154,000. At June 30, 2015, loans subject to nonrecurring fair value measurement had a recorded investment of $1.2 million with related allowances of $277,000. No other financial assets or liabilities were re-measured during the year on a nonrecurring basis. The carrying amounts reported in the statements of financial condition for cash and cash equivalents, accrued interest receivable and accrued interest payable approximate their fair values. Fair values of securities are based on quoted market prices (Level 1), where available, or matrix pricing (Level 2), which is a mathematical technique, used widely in the industry to value debt securities without relying exclusively on quoted market prices for the specific securities but rather by relying on the securities’ relationship to other benchmark quoted prices. The carrying amount of Federal Home Loan Bank stock approximates fair value due to its restricted nature. Fair values for variable rate loans that reprice frequently, with no significant credit risk, are based on carrying value. Fair value for fixed rate loans are estimated using discounted cash flows and interest rates currently being offered for loans with similar terms to borrowers of similar credit quality. Fair values disclosed for demand and savings deposits are equal to carrying amounts at the reporting date. The carrying amounts for variable rate money market deposits approximate fair values at the reporting date. Fair values for fixed rate certificates of deposit are estimated using discounted cash flows and interest rates currently being offered in the market on similar certificates. Fair value for Federal Home Loan Bank long term borrowings are estimated using discounted cash flows and interest rates currently being offered on similar borrowings. The carrying value of short-term Federal Home Loan Bank borrowings approximates its fair value. The fair value of commitments to extend credit is estimated based on an analysis of the interest rates and fees currently charged to enter into similar transactions, considering the remaining terms of the commitments and the credit-worthiness of the potential borrowers. At December 31, 2015 and June 30, 2015, the estimated fair values of these off-balance sheet financial instruments were immaterial, and are therefore excluded from the table below. The carrying amounts and estimated fair value of financial instruments are as follows: (In thousands) December 31, 2015 Fair Value Measurements Using Carrying Amount Fair Value (Level 1) (Level 2) (Level 3) Cash and cash equivalents $ 22,088 $ 22,088 $ 22,088 $ - $ - Long term certificate of deposit 1,230 1,230 1,230 - - Securities available-for-sale 93,582 93,582 4,854 88,728 - Securities held-to-maturity 177,554 182,063 - 182,063 - Federal Home Loan Bank stock 2,782 2,782 - 2,782 - Net loans 478,204 485,271 - - 485,271 Accrued interest receivable 3,258 3,258 - 3,258 - Deposits 669,189 669,381 - 669,381 - Federal Home Loan Bank borrowings 48,100 47,904 - 47,904 - Accrued interest payable 74 74 - 74 - (In thousands) June 30, 2015 Fair Value Measurements Using Carrying Amount Fair Value (Level 1) (Level 2) (Level 3) Cash and cash equivalents $ 15,538 $ 15,538 $ 15,538 $ - $ - Long term certificate of deposit 1,230 1,230 1,230 - - Securities available-for-sale 86,034 86,034 4,920 81,114 - Securities held-to-maturity 169,000 171,976 - 171,976 - Federal Home Loan Bank stock 2,494 2,494 - 2,494 - Net loans 443,496 450,437 - - 450,437 Accrued interest receivable 3,026 3,026 - 3,026 - Deposits 622,717 622,900 - 622,900 - Federal Home Loan Bank borrowings 41,700 41,598 - 41,598 - Accrued interest payable 64 64 - 64 -

Earnings Per Share

Earnings Per Share	6 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Earnings Per Share	(7) Earnings Per Share Basic earnings per share is computed by dividing net income by the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed in a manner similar to that of basic earnings per share except that the weighted-average number of common shares outstanding is increased to include the number of incremental common shares that would have been outstanding under the treasury stock method if all potentially dilutive common shares (such as stock options) issued became vested during the period. There were no anti-dilutive securities or contracts outstanding during the six and three months ended December 31, 2015 and 2014. Net Income Weighted Average Number Of Shares Outstanding Earnings per Share Six months ended December 31, 2015 $ 4,470,000 Basic 4,224,540 $ 1.06 Effect of dilutive stock options 25,916 (0.01 ) Diluted 4,250,456 $ 1.05 Six months ended December 31, 2014 $ 3,586,000 Basic 4,215,738 $ 0.85 Effect of dilutive stock options 31,055 (0.01 ) Diluted 4,246,793 $ 0.84 Three months ended December 31, 2015 $ 2,320,000 Basic 4,225,924 $ $ 0.55 Effect of dilutive stock options 25,559 - Diluted 4,251,483 $ $ 0.55 Three months ended December 31, 2014 $ 1,811,000 Basic 4,217,118 $ $ 0.43 Effect of dilutive stock options 31,057 - Diluted 4,248,175 $ $ 0.43

Dividends

Dividends	6 Months Ended
	Dec. 31, 2015
Dividends [Abstract]
Dividends	(8) Dividends On October 20, 2015, the Board of Directors declared a cash dividend for the quarter ended September 30, 2015 of $0.185 per share on Greene County Bancorp, Inc.’s common stock. The dividend reflects an annual cash dividend rate of $0.74 per share, which was the same rate as the dividend declared during the previous quarter. The dividend was payable to stockholders of record as of November 13, 2015, and was paid on November 30, 2015. The MHC waived its receipt of this dividend.

Impact of Recent Accounting Pro

Impact of Recent Accounting Pronouncements	6 Months Ended
	Dec. 31, 2015
Impact of Recent Accounting Pronouncements [Abstract]
Impact of Recent Accounting Pronouncements	(9) Impact of Recent Accounting Pronouncements In January 2014, the Financial Accounting Standards Board (“FASB”) issued an amendment (ASU 2014-04) to its guidance on “Receivables – Troubled Debt Restructurings by Creditors (Subtopic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure”. This Update has been issued to clarify when an in substance repossession or foreclosure occurs, that is, when a creditor should be considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan such that the loan receivable should be derecognized and the real estate property recognized. An entity can elect to adopt the amendments in this Update using either a modified retrospective transition method or a prospective transition method. The amendments in this Update are effective for public business entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2014. Early adoption is permitted. The adoption of these amendments did not have an effect on our consolidated results of operations or financial position. In May 2014, the FASB issued an amendment (ASU 2014-09) to its guidance on “Revenue from Contracts with Customers (Topic 606). The objective of the ASU is to align the recognition of revenue with the transfer of promised goods or services provided to customers in an amount that reflects the consideration which the entity expects to be entitled in exchange for those goods or services. This ASU will replace most existing revenue recognition guidance under GAAP when it becomes effective. In August, 2015, the FASB issued an amendment (ASU 2015-14) which defers the effective date of this new guidance by one year. The amendments in this ASU are effective for public business entities for annual periods, beginning after December 15, 2017. The Company has not yet determined the effect of the standard on its ongoing financial reporting. In August 2014, the FASB issued an amendment (ASU 2014-14) to its guidance on “Receivables – Troubled Debt Restructurings by Creditors (Subtopic 310-40)”. The objective of the ASU is to reduce the diversity in how creditors classify government-guaranteed mortgage loans, including FHA or VA guaranteed loans, upon foreclosure, to provide more decision-useful information about a creditor’s foreclosed mortgage loans that are expected to be recovered, at least in part, through government guarantees. The amendments in this Update are effective for public business entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. Public entities would be permitted to elect to early adopt for annual reporting periods beginning after December 15, 2016. The adoption of this guidance is not expected to have a material impact on our consolidated results of operations or financial position. In January 2015, the FASB issued an Update (ASU 2015-01) to its guidance on “Income Statement-Extraordinary and Unusual Items (Subtopic 225-20)”. The objective of the ASU is to simplify the income statement presentation by eliminating the concept of extraordinary items, and will align GAAP more closely with International Accounting Standards which prohibits the presentation and disclosure of extraordinary items. The amendments in this Update are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. The adoption of this guidance is not expected to have a material impact on our consolidated results of operations or financial position. In January 2016, the FASB issued an Update (ASU 2016-01) to its guidance on “Financial Instruments (Subtopic 825-10)”. This amendment addresses certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. These amendments require equity securities to be measured at fair value with changes in the fair value to be recognized through net income. The amendments also simplify the impairment assessment of equity investments without readily determinable fair values by requiring assessment for impairment qualitatively at each reporting period. For public business entities, the amendments in this Update are effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Early adoption of the amendments in this Update is not permitted. The adoption of this guidance is not expected to have a material impact on our consolidated results of operations or financial position.

Employee Benefit Plans

Employee Benefit Plans	6 Months Ended
	Dec. 31, 2015
Employee Benefit Plans [Abstract]
Employee Benefit Plans	(10) Employee Benefit Plans Defined Benefit Plan The components of net periodic pension cost related to the defined benefit pension plan for the six and three months ended December 31, 2015 and 2014 were as follows: Six months ended December 31, Three months ended December 31, (In thousands) 2015 2014 2015 2014 Interest cost $ 116 $ 110 $ 58 $ 55 Expected return on plan assets (154 ) (162 ) (77 ) (81 ) Amortization of net loss 68 52 34 26 Net periodic pension cost $ 30 $ - $ 15 $ - The Company does not anticipate that it will make any additional contributions to the defined benefit pension plan during fiscal 2016. SERP The Board of Directors of The Bank of Greene County adopted The Bank of Greene County Supplemental Executive Retirement Plan (the “SERP Plan”), effective as of July 1, 2010. The SERP Plan benefits certain key senior executives of the Bank who have been selected by the Board to participate. The SERP Plan is intended to provide a benefit from the Bank upon retirement, death or disability or voluntary or involuntary termination of service (other than “for cause”). Accordingly, the SERP Plan obligates the Bank to make an allocation to each executive’s account on the first business day of each July and permits each executive to defer up to 50% of his or her base salary and 100% of his or her annual bonus to the SERP Plan, subject to the requirements of Section 409A of the Internal Revenue Code (“Code”). In addition, the Bank may, but is not required to, make additional discretionary contributions to the executives’ accounts from time to time. An executive becomes vested in the Bank’s contributions after 10 calendar years of service following the effective date of the SERP Plan, and is fully vested immediately for all deferral of salary and bonus. However, the Executive will vest in the present value of his or her account in the event of death, disability or a change in control of the Bank or the Company. In the event the executive is terminated involuntarily or resigns for good reason following a change in control, the present value of all remaining Bank contributions is accelerated and paid to the executive’s account, subject to potential reduction to avoid an excess parachute payment under Code Section 280G. In the event of the executive’s death, disability or termination within two years after a change in control, executive’s account will be paid in a lump sum to the executive or his beneficiary, as applicable. In the event the executive is entitled to a benefit from the SERP Plan due to retirement or other termination of employment, the benefit will be paid in 10 annual installments. The net periodic pension costs related to the SERP Plan for the six and three months ended December 31, 2015 were $120,000 and $62,000, respectively, and for the six and three months ended December 31, 2014 were $99,000 and $51,000, respectively, consisting primarily of service costs and interest costs. The total liability for the SERP Plan was $1.7 million and $1.4 million as of December 31, 2015 and June 30, 2015, respectively.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Dec. 31, 2015
Stock-Based Compensation [Abstract]
Stock-Based Compensation	(11) Stock-Based Compensation At December 31, 2015, Greene County Bancorp, Inc. had two stock-based compensation plans, which are described more fully in Note 10 of the consolidated financial statements and notes thereto for the year ended June 30, 2015. Stock Option Plan At December 31, 2015 and 2014, all granted shares related to the 2008 Option Plan were fully vested, with no remaining compensation cost to be recognized. A summary of the Company’s stock option activity and related information for its option plan for the six months ended December 31, 2015 and 2014 is as follows: 2015 2014 Shares Weighted Average Exercise Price Per Share Shares Weighted Average Exercise Price Per Share Outstanding at beginning of year 47,835 $ 12.50 59,435 $ 12.50 Exercised (6,600 ) $ 12.50 (5,100 ) $ 12.50 Outstanding at period end 41,235 $ 12.50 54,335 $ 12.50 Exercisable at period end 41,235 $ 12.50 54,335 $ 12.50 The following table presents stock options outstanding and exercisable at December 31, 2015: Options Outstanding and Exercisable Range of Exercise Prices Number Outstanding Weighted Average Remaining Contractual Life Weighted Average Exercise Price $ 12.50 41,235 2.75 $ 12.50 The total intrinsic value of the options exercised during the six and three months ended December 31, 2015 was approximately $115,000 and $82,000, respectively. The total intrinsic value of the options exercised during the six and three months ended December 31, 2014 was approximately $77,000 and $33,000, respectively. There were no stock options granted during the six months ended December 31, 2015 or 2014. All outstanding options were fully vested at December 31, 2015 and 2014. Phantom Stock Option Plan and Long-term Incentive Plan The Greene County Bancorp, Inc. 2011 Phantom Stock Option and Long-term Incentive Plan (the “Plan”) was adopted effective July 1, 2011, to promote the long-term financial success of the Company and its subsidiaries by providing a means to attract, retain and reward individuals who contribute to such success and to further align their interests with those of the Company’s shareholders. Effective July 1, 2014, the Plan was amended to increase the number of phantom stock options available for awards from 900,000 to 1,800,000. The Plan is intended to provide benefits to employees and directors of the Company or any subsidiary as designated by the Compensation Committee of the Board of Directors of the Company (“Committee”). A phantom stock option represents the right to receive a cash payment on the date the award vests. The participant receives an amount equal to the positive difference between the strike price on the grant date and the book value of a share of the Company stock on the determination date, which is the last day of the plan year that is the end of the third plan year after the grant date of the award, unless otherwise specified by the Committee. The strike price will be the price established by the Committee, which will not be less than 100% of the book value of a share on a specified date, as determined under generally accepted accounting principles (GAAP) as of the last day of the quarter ending on or immediately preceding the valuation date with adjustments made, in the sole discretion of the Committee, to exclude accumulated other comprehensive income (loss). A summary of the Company’s phantom stock option activity and related information for its option plan for the six months ended December 31, 2015 and 2014 is as follows: 2015 2014 Number of options outstanding at beginning of year 628,754 665,426 Options granted 246,880 241,090 Options paid in cash upon vesting (198,357 ) (227,484 ) Number of options outstanding at period end 677,277 679,032 The Company paid out $710,500 and $757,700 in cash during the six months ended December 31, 2015 and 2014, respectively, on options vested. There were no option payments made during the three months ended December 31, 2015 and 2014 on options vested. The Company recognized $420,000

Accumulated Other Comprehensive

Accumulated Other Comprehensive Loss	6 Months Ended
	Dec. 31, 2015
Accumulated Other Comprehensive Loss [Abstract]
Accumulated Other Comprehensive Loss	(12) Accumulated Other Comprehensive Loss The components of accumulated other comprehensive loss as of December 31, 2015 and June 30, 2015 are presented in the following table: (In thousands) Accumulated other comprehensive (loss) income: December 31, 2015 June 30, 2015 Unrealized gain on available-for-sale securities, net of tax $ 683 $ 704 Unrealized loss on securities transferred to held-to-maturity, net of tax (4 ) (11 ) Net losses and past service liability for defined benefit plan, net of tax (1,491 ) (1,491 ) Accumulated other comprehensive loss $ (812 ) $ (798 )

Subsequent events

Subsequent events	6 Months Ended
	Dec. 31, 2015
Subsequent events [Abstract]
Subsequent events	(13) Subsequent events On January 19, 2016, the Board of Directors declared a cash dividend for the quarter ended December 31, 2015 of $0.185 per share on Greene County Bancorp, Inc.’s common stock. The dividend reflects an annual cash dividend rate of $0.74 per share, which was the same rate as the dividend declared during the previous quarter. The dividend will be payable to stockholders of record as of February 12, 2016, and will be paid on March 1, 2016. The MHC intends to waive its receipt of this dividend.

Basis of Presentation (Policies

Basis of Presentation (Policies)	6 Months Ended
	Dec. 31, 2015
Basis of Presentation [Abstract]
Basis of Presentation	The financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 8 of Regulation S-X. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. To the extent that information and notes required by GAAP for complete financial statements are contained in or are consistent with the audited financial statements incorporated by reference to Greene County Bancorp, Inc.’s Annual Report on Form 10-K for the year ended June 30, 2015, such information and notes have not been duplicated herein. In the opinion of management, all adjustments (consisting of only normal recurring items) necessary for a fair presentation of the financial position and results of operations and cash flows at and for the periods presented have been included. Amounts in the prior year’s consolidated financial statements have been reclassified whenever necessary to conform to the current year’s presentation. These reclassifications, if any, had no effect on net income or retained earnings as previously reported. All material inter-company accounts and transactions have been eliminated in the consolidation. The results of operations and other data, for the six and three months ended December 31, 2015, are not necessarily indicative of results that may be expected for the entire fiscal year ending June 30, 2016. These consolidated financial statements consider events that occurred through the date the consolidated financial statements were issued.
Allowance for Loan Losses	Greene County Bancorp, Inc.’s critical accounting policies relate to the allowance for loan losses and the evaluation of securities for other-than-temporary impairment. The allowance for loan losses is based on management’s estimation of an amount that is intended to absorb losses in the existing loan portfolio. The allowance for loan losses is established through a provision for loan losses based on management’s evaluation of the risk inherent in the loan portfolio, the composition of the portfolio, specific impaired loans and current economic conditions. Such evaluation, which includes a review of all loans for which full collectibility may not be reasonably assured, considers among other matters, the estimated net realizable value or the fair value of the underlying collateral, economic conditions, historical loan loss experience, management’s estimate of probable credit losses and other factors that warrant recognition in providing for the allowance of loan losses. However, this evaluation involves a high degree of complexity and requires management to make subjective judgments that often require assumptions or estimates about highly uncertain matters. This critical accounting policy and its application are periodically reviewed with the Audit Committee and the Board of Directors.
Securities	Securities are evaluated for other-than-temporary impairment by performing periodic reviews of individual securities in the investment portfolio. Greene County Bancorp, Inc. makes an assessment to determine whether there have been any events or economic circumstances to indicate that a security on which there is an unrealized loss is impaired on an other-than-temporary basis. The Company considers many factors, including the severity and duration of the impairment; the intent and ability of the Company to hold the security for a period of time sufficient for a recovery in value; recent events specific to the issuer or industry; and for debt securities, intent to sell the security, the likelihood to be required to sell the security before it recovers the entire amortized cost, external credit ratings and recent downgrades. The Company is required to record other-than-temporary impairment charges through earnings, if it has the intent to sell, or will more likely than not be required to sell an impaired debt security before a recovery of its amortized cost basis. In addition, the Company is required to record other-than-temporary impairment charges through earnings for the amount of credit losses, regardless of the intent or requirement to sell. Credit loss is measured as the difference between the present value of an impaired debt security’s cash flows and its amortized cost basis. Non-credit related impairment must be recorded as decreases to accumulated other comprehensive income as long as the Company has no intent or requirement to sell an impaired security before a recovery of amortized cost basis.

Use of Estimates (Policies)

Use of Estimates (Policies)	6 Months Ended
	Dec. 31, 2015
Use of Estimates [Abstract]
Use of Estimates	The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could materially differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for loan losses and the assessment of other-than-temporary security impairment. While management uses available information to recognize losses on loans, future additions to the allowance for loan losses (the “Allowance”) may be necessary, based on changes in economic conditions, asset quality or other factors. In addition, various regulatory authorities, as an integral part of their examination process, periodically review the Allowance. Such authorities may require the Company to recognize additions to the Allowance based on their judgments of information available to them at the time of their examination.
Impaired Financing Receivable	Greene County Bancorp, Inc. makes an assessment to determine whether there have been any events or economic circumstances to indicate that a security on which there is an unrealized loss is impaired on an other-than-temporary basis. The Company considers many factors including the severity and duration of the impairment; the intent and ability of the Company to hold the security for a period of time sufficient for a recovery in value; recent events specific to the issuer or industry; and for debt securities, intent to sell the security, whether it is more likely than not we will be required to sell the security before recovery, whether loss of the entire amortized cost is expected, external credit ratings and recent downgrades. Securities on which there is an unrealized loss that is deemed to be other-than-temporary are written down to fair value.

Securities (Policies)

Securities (Policies)	6 Months Ended
	Dec. 31, 2015
Securities [Abstract]
Federal Home Loan Bank Stock	Federal Home Loan Bank Stock Federal law requires a member institution of the Federal Home Loan Bank (“FHLB”) system to hold stock of its district FHLB according to a predetermined formula. This stock is restricted in that it can only be sold to the FHLB or to another member institution, and all sales of FHLB stock must be at par. As a result of these restrictions, FHLB stock is carried at cost. FHLB stock is held as a long-term investment and its value is determined based on the ultimate recoverability of the par value. Impairment of this investment is evaluated quarterly and is a matter of judgment that reflects management’s view of the FHLB’s long-term performance, which includes factors such as the following: its operating performance; the severity and duration of declines in the fair value of its net assets related to its capital stock amount; its commitment to make payments required by law or regulation and the level of such payments in relation to its operating performance; the impact of legislative and regulatory changes on the FHLB, and accordingly, on the members of the FHLB; and its liquidity and funding position. After evaluating these considerations, Greene County Bancorp, Inc. concluded that the par value of its investment in FHLB stock will be recovered and, therefore, no other-than-temporary impairment charge was recorded during the six and three months ended December 31, 2015 or 2014.

Impact of Recent Accounting P26

Impact of Recent Accounting Pronouncements (Policies)	6 Months Ended
	Dec. 31, 2015
Impact of Recent Accounting Pronouncements [Abstract]
Impact of Recent Accounting Pronouncements	In January 2014, the Financial Accounting Standards Board (“FASB”) issued an amendment (ASU 2014-04) to its guidance on “Receivables – Troubled Debt Restructurings by Creditors (Subtopic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure”. This Update has been issued to clarify when an in substance repossession or foreclosure occurs, that is, when a creditor should be considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan such that the loan receivable should be derecognized and the real estate property recognized. An entity can elect to adopt the amendments in this Update using either a modified retrospective transition method or a prospective transition method. The amendments in this Update are effective for public business entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2014. Early adoption is permitted. The adoption of these amendments did not have an effect on our consolidated results of operations or financial position. In May 2014, the FASB issued an amendment (ASU 2014-09) to its guidance on “Revenue from Contracts with Customers (Topic 606). The objective of the ASU is to align the recognition of revenue with the transfer of promised goods or services provided to customers in an amount that reflects the consideration which the entity expects to be entitled in exchange for those goods or services. This ASU will replace most existing revenue recognition guidance under GAAP when it becomes effective. In August, 2015, the FASB issued an amendment (ASU 2015-14) which defers the effective date of this new guidance by one year. The amendments in this ASU are effective for public business entities for annual periods, beginning after December 15, 2017. The Company has not yet determined the effect of the standard on its ongoing financial reporting. In August 2014, the FASB issued an amendment (ASU 2014-14) to its guidance on “Receivables – Troubled Debt Restructurings by Creditors (Subtopic 310-40)”. The objective of the ASU is to reduce the diversity in how creditors classify government-guaranteed mortgage loans, including FHA or VA guaranteed loans, upon foreclosure, to provide more decision-useful information about a creditor’s foreclosed mortgage loans that are expected to be recovered, at least in part, through government guarantees. The amendments in this Update are effective for public business entities for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. Public entities would be permitted to elect to early adopt for annual reporting periods beginning after December 15, 2016. The adoption of this guidance is not expected to have a material impact on our consolidated results of operations or financial position. In January 2015, the FASB issued an Update (ASU 2015-01) to its guidance on “Income Statement-Extraordinary and Unusual Items (Subtopic 225-20)”. The objective of the ASU is to simplify the income statement presentation by eliminating the concept of extraordinary items, and will align GAAP more closely with International Accounting Standards which prohibits the presentation and disclosure of extraordinary items. The amendments in this Update are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2015. The adoption of this guidance is not expected to have a material impact on our consolidated results of operations or financial position. In January 2016, the FASB issued an Update (ASU 2016-01) to its guidance on “Financial Instruments (Subtopic 825-10)”. This amendment addresses certain aspects of recognition, measurement, presentation, and disclosure of financial instruments. These amendments require equity securities to be measured at fair value with changes in the fair value to be recognized through net income. The amendments also simplify the impairment assessment of equity investments without readily determinable fair values by requiring assessment for impairment qualitatively at each reporting period. For public business entities, the amendments in this Update are effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Early adoption of the amendments in this Update is not permitted. The adoption of this guidance is not expected to have a material impact on our consolidated results of operations or financial position.

Securities (Tables)

Securities (Tables)	6 Months Ended
	Dec. 31, 2015
Securities [Abstract]
Components of Securities	Securities at December 31, 2015 consisted of the following: (In thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Securities available-for-sale: U.S. government sponsored enterprises $ 4,597 $ 190 $ - $ 4,787 State and political subdivisions 53,113 7 - 53,120 Mortgage-backed securities-residential 7,046 114 25 7,135 Mortgage-backed securities-multi-family 23,108 589 11 23,686 Asset-backed securities 6 - 1 5 Corporate debt securities 4,537 175 9 4,703 Total debt securities 92,407 1,075 46 93,436 Equity securities 62 84 - 146 Total securities available-for-sale 92,469 1,159 46 93,582 Securities held-to-maturity: U.S. government sponsored enterprises 2,000 - 45 1,955 State and political subdivisions 90,038 3,371 29 93,380 Mortgage-backed securities-residential 14,582 598 - 15,180 Mortgage-backed securities-multi-family 68,216 1,083 450 68,849 Corporate debt securities 1,000 - - 1,000 Other securities 1,718 - 19 1,699 Total securities held-to-maturity 177,554 5,052 543 182,063 Total securities $ 270,023 $ 6,211 $ 589 $ 275,645 Securities at June 30, 2015 consisted of the following: (In thousands) Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value Securities available-for-sale: U.S. government sponsored enterprises $ 7,608 $ 247 $ - $ 7,855 State and political subdivisions 39,574 9 1 39,582 Mortgage-backed securities-residential 7,797 155 10 7,942 Mortgage-backed securities-multi-family 25,291 486 42 25,735 Asset-backed securities 10 - 1 9 Corporate debt securities 4,544 242 12 4,774 Total debt securities 84,824 1,139 66 85,897 Equity securities 62 75 - 137 Total securities available-for-sale 84,886 1,214 66 86,034 Securities held-to-maturity: U.S. government sponsored enterprises 2,000 - 49 1,951 State and political subdivisions 81,501 2,137 187 83,451 Mortgage-backed securities-residential 17,468 768 - 18,236 Mortgage-backed securities-multi-family 67,239 990 665 67,564 Other securities 792 - 18 774 Total securities held-to-maturity 169,000 3,895 919 171,976 Total securities $ 253,886 $ 5,109 $ 985 $ 258,010
Securities in Continuous Unrealized Loss Position	The following table shows fair value and gross unrealized losses, aggregated by security category and length of time that individual securities have been in a continuous unrealized loss position, at December 31, 2015. Less Than 12 Months More Than 12 Months Total (In thousands, except number of securities) Fair Value Unrealized Losses Number of Securities Fair Value Unrealized Losses Number of Securities Fair Value Unrealized Losses Number of Securities Securities available-for-sale: Mortgage-backed securities-residential $ - $ - - $ 1,492 $ 25 1 $ 1,492 $ 25 1 Mortgage-backed securities-multi-family - - - 2,613 11 2 2,613 11 2 Asset-backed securities - - - 5 1 1 5 1 1 Corporate debt securities - - - 764 9 2 764 9 2 Total securities available-for-sale - - - 4,874 46 6 4,874 46 6 Securities held-to-maturity: U.S. government sponsored enterprises - - - 1,955 45 1 1,955 45 1 State and political subdivisions 647 3 7 2,514 26 13 3,161 29 20 Mortgage-backed securities-multi-family 7,117 66 2 30,773 384 7 37,890 450 9 Other securities 581 3 2 537 16 2 1,118 19 4 Total securities held-to-maturity 8,345 72 11 35,779 471 23 44,124 543 34 Total securities $ 8,345 $ 72 11 $ 40,653 $ 517 29 $ 48,998 $ 589 40 The following table shows fair value and gross unrealized losses, aggregated by security category and length of time that individual securities have been in a continuous unrealized loss position, at June 30, 2015. Less Than 12 Months More Than 12 Months Total (In thousands, except number of securities) Fair Value Unrealized Losses Number of Securities Fair Value Unrealized Losses Number of Securities Fair Value Unrealized Losses Number of Securities Securities available-for-sale: State and political subdivisions $ 799 $ 1 1 $ - $ - $ 799 $ 1 1 Mortgage-backed securities-residential - - - 1,630 10 1 1,630 10 1 Mortgage-backed securities-multi-family 2,023 26 1 753 16 1 2,776 42 2 Asset-backed securities - - - 9 1 1 9 1 1 Corporate debt securities 273 2 1 491 10 2 764 12 3 Total securities available-for-sale 3,095 29 3 2,883 37 5 5,978 66 8 Securities held-to-maturity: U.S. government sponsored enterprises - - - 1,951 49 1 1,951 49 1 State and political subdivisions 11,171 143 49 1,221 44 9 12,392 187 58 Mortgage-backed securities-multi-family 14,464 100 4 28,187 565 6 42,651 665 10 Other securities 334 11 1 202 7 1 536 18 2 Total securities held-to-maturity 25,969 254 54 31,561 665 17 57,530 919 71 Total securities $ 29,064 $ 283 57 $ 34,444 $ 702 22 $ 63,508 $ 985 79
Investments Classified by Contractual Maturity Date	The estimated fair values of debt securities at December 31, 2015, by contractual maturity are shown below. Expected maturities may differ from contractual maturities, because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. (In thousands) Available-for-sale debt securities Amortized Cost Fair Value Within one year $ 54,068 $ 54,113 After one year through five years 8,179 8,497 After five years through ten years - - After ten years - - Total available-for-sale debt securities 62,247 62,610 Mortgage-backed and asset-backed securities 30,160 30,826 Equity securities 62 146 Total available-for-sale securities 92,469 93,582 Held-to-maturity debt securities Within one year 12,908 13,128 After one year through five years 51,013 52,355 After five years through ten years 22,290 23,308 After ten years 8,545 9,243 Total held-to-maturity debt securities 94,756 98,034 Mortgage-backed 82,798 84,029 Total held-to-maturity securities 177,554 182,063 Total securities $ 270,023 $ 275,645

Loans and Allowance for Loan 28

Loans and Allowance for Loan Losses (Tables)	6 Months Ended
	Dec. 31, 2015
Loans and Allowance for Loan Losses [Abstract]
Major Loan Segments and Classes	Loan segments and classes at December 31, 2015 and June 30, 2015 are summarized as follows: (In thousands) December 31, 2015 June 30, 2015 Residential real estate: Residential real estate $ 229,698 $ 226,648 Residential construction and land 5,212 3,621 Multi-family 4,443 4,287 Commercial real estate: Commercial real estate 163,110 142,323 Commercial construction 12,761 8,936 Consumer loan: Home equity 21,165 21,019 Consumer installment 4,097 4,123 Commercial loans 45,442 39,798 Total gross loans 485,928 450,755 Allowance for loan losses (8,611 ) (8,142 ) Deferred fees and costs 887 883 Loans receivable, net $ 478,204 $ 443,496
Loan Balances by Internal Credit Quality Indicator	Loan balances by internal credit quality indicator as of December 31, 2015 are shown below. ( In thousands Performing Watch Special Mention Substandard Total Residential real estate $ 227,712 $ 307 $ 95 $ 1,584 $ 229,698 Residential construction and land 5,212 - - - 5,212 Multi-family 4,342 - - 101 4,443 Commercial real estate 160,310 429 540 1,831 163,110 Commercial construction 12,761 - - - 12,761 Home equity 21,146 - 14 5 21,165 Consumer installment 4,089 4 - 4 4,097 Commercial loans 44,109 - 821 512 45,442 Total gross loans $ 479,681 $ 740 $ 1,470 $ 4,037 $ 485,928 Loan balances by internal credit quality indicator as of June 30, 2015 are shown below. (In thousands Performing Watch Special Mention Substandard Total Residential real estate $ 224,195 $ 638 $ 97 $ 1,718 $ 226,648 Residential construction and land 3,621 - - - 3,621 Multi-family 4,182 - - 105 4,287 Commercial real estate 138,468 - 986 2,869 142,323 Commercial construction 8,936 - - - 8,936 Home equity 20,731 - 15 273 21,019 Consumer installment 4,117 6 - - 4,123 Commercial loans 38,334 - 844 620 39,798 Total gross loans $ 442,584 $ 644 $ 1,942 $ 5,585 $ 450,755
Delinquent and Nonaccrual Loans by Past Due Status	The following table sets forth information regarding delinquent and/or nonaccrual loans as of December 31, 2015: (In thousands) 30-59 days past due 60-89 days past due 90 days or more past due Total past due Current Total Loans Loans on Non- accrual Residential real estate $ 1,279 $ - $ 946 $ 2,225 $ 227,473 $ 229,698 $ 961 Residential construction and land - - - - 5,212 5,212 - Multi-family 96 - - 96 4,347 4,443 - Commercial real estate 604 - 1,004 1,608 161,502 163,110 2,353 Commercial construction - - - - 12,761 12,761 - Home equity 256 - 5 261 20,904 21,165 19 Consumer installment 83 4 - 87 4,010 4,097 4 Commercial loans 125 - 75 200 45,242 45,442 282 Total gross loans $ 2,443 $ 4 $ 2,030 $ 4,477 $ 481,451 $ 485,928 $ 3,619 The following table sets forth information regarding delinquent and/or nonaccrual loans as of June 30, 2015: (In thousands) 30-59 days past due 60-89 days past due 90 days or more past due Total past due Current Total Loans Loans on Non- accrual Residential real estate $ 1,233 $ 329 $ 785 $ 2,347 $ 224,301 $ 226,648 $ 1,087 Residential construction and land 28 - - 28 3,593 3,621 - Multi-family - - - - 4,287 4,287 - Commercial real estate 339 1 1,132 1,472 140,851 142,323 2,964 Commercial construction - - - - 8,936 8,936 - Home equity 244 - 33 277 20,742 21,019 169 Consumer installment 25 6 - 31 4,092 4,123 - Commercial loans - - 175 175 39,623 39,798 388 Total gross loans $ 1,869 $ 336 $ 2,125 $ 4,330 $ 446,425 $ 450,755 $ 4,608
Nonaccrual Loans, Interest Income Data	The table below details additional information related to nonaccrual loans for the six and three months ended December 31: For the six months ended December 31, For the three months ended December 31 (In thousands) 2015 2014 2015 2014 Interest income that would have been recorded if loans had been performing in accordance with original terms $ 159 $ 199 $ 58 $ 71 Interest income that was recorded on nonaccrual loans 99 85 50 39
Impaired Loans by Loan Portfolio Class	The tables below detail additional information on impaired loans at the date or periods indicated: As of December 31, 2015 For the six months ended December 31, 2015 For the three months ended December 31, 2015 (In thousands) Recorded Investment Unpaid Principal Related Allowance Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no related allowance recorded: Residential real estate $ 124 $ 124 $ - $ 267 $ 2 $ 185 $ - Commercial real estate 1,030 1,236 - 1,143 17 1,086 11 Home equity 5 5 - 90 1 46 - Impaired loans with no allowance 1,159 1,365 - 1,500 20 1,317 11 With an allowance recorded: Residential real estate 1,376 1,376 260 1,393 28 1,382 14 Commercial real estate 413 413 60 566 12 461 6 Commercial loans 89 89 2 91 3 89 2 Impaired loans with allowance 1,878 1,878 322 2,050 43 1,932 22 Total impaired: Residential real estate 1,500 1,500 260 1,660 30 1,567 14 Commercial real estate 1,443 1,649 60 1,709 29 1,547 17 Home equity 5 5 - 90 1 46 - Commercial loans 89 89 2 91 3 89 2 Total impaired loans $ 3,037 $ 3,243 $ 322 $ 3,550 $ 63 $ 3,249 $ 33 As of June 30, 2015 For the six months ended December 31, 2014 For the three months ended December 31, 2014 (In thousands) Recorded Investment Unpaid Principal Related Allowance Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized With no related allowance recorded: Residential real estate $ 432 $ 432 $ - $ 672 $ 13 $ 672 $ 10 Commercial real estate 1,206 1,412 - 457 13 455 6 Home equity 154 154 - 80 - 64 - Impaired loans with no allowance 1,792 1,998 - 1,209 26 1,191 16 With an allowance recorded: Residential real estate 1,411 1,411 263 2,669 47 2,450 16 Commercial real estate 895 895 187 2,476 42 2,429 - Home equity - - - 200 - 200 - Commercial loans 93 93 1 600 20 599 10 Impaired loans with allowance 2,399 2,399 451 5,945 109 5,678 26 Total impaired: Residential mortgage 1,843 1,843 263 3,341 60 3,122 26 Nonresidential mortgage 2,101 2,307 187 2,933 55 2,884 6 Home equity 154 154 - 280 - 264 - Commercial loans 93 93 1 600 20 599 10 Total impaired loans $ 4,191 $ 4,397 $ 451 $ 7,154 $ 135 $ 6,869 $ 42
Troubled Debt Restructurings	The table below details loans that have been modified as a troubled debt restructuring during the six and three month periods ended December 31, 2015 and 2014. (D ollars in thousands) Number of Contracts Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Current Outstanding Recorded Investment Six months ended December 31, 2015 Residential real estate - $ - $ - $ - Six months ended December 31, 2014 Residential real estate 1 $ 164 $ 184 $ 184 Three months ended December 31, 2015 Residential real estate - $ - $ - $ - Three months ended December 31, 2014 Residential real estate 1 $ 164 $ 184 $ 184
Activity and Allocation of Allowance for Loan Losses	The following tables set forth the activity and allocation of the allowance for loan losses by loan category during and at the periods indicated. The allowance is allocated to each loan category based on historical loss experience and economic conditions. Activity for the three months ended December 31, 2015 (In thousands) Balance at September 30, 2015 Charge-offs Recoveries Provision Balance at December 31, 2015 Residential real estate $ 2,386 $ - $ - $ 6 $ 2,392 Residential construction and land 62 - - 8 70 Multi-family 25 - - - 25 Commercial real estate 3,814 148 - 354 4,020 Commercial construction 162 - - 169 331 Home equity 319 - - (14 ) 305 Consumer installment 240 65 15 (2 ) 188 Commercial loans 1,252 - - 20 1,272 Unallocated 206 - - (198 ) 8 Total $ 8,466 $ 213 $ 15 $ 343 $ 8,611 Activity for the six months ended December 31, 2015 (In thousands) Balance at June 30, 2015 Charge-offs Recoveries Provision Balance at December 31, 2015 Residential real estate $ 2,454 $ - $ - $ (62 ) $ 2,392 Residential construction and land 50 - - 20 70 Multi-family 40 - - (15 ) 25 Commercial real estate 3,699 162 17 466 4,020 Commercial construction 233 - - 98 331 Home equity 314 - - (9 ) 305 Consumer installment 223 143 40 68 188 Commercial loans 1,129 - - 143 1,272 Unallocated - - - 8 8 Total $ 8,142 $ 305 $ 57 $ 717 $ 8,611 Allowance for Loan Losses Loans Receivable Ending Balance December 31, 2015 Impairment Analysis Ending Balance December 31, 2015 Impairment Analysis (In thousands) Individually Evaluated Collectively Evaluated Individually Evaluated Collectively Evaluated Residential real estate $ 260 $ 2,132 $ 1,500 $ 228,198 Residential construction and land - 70 - 5,212 Multi-family - 25 - 4,443 Commercial real estate 60 3,960 1,443 161,667 Commercial construction - 331 - 12,761 Home equity - 305 5 21,160 Consumer installment - 188 - 4,097 Commercial loans 2 1,270 89 45,353 Unallocated - 8 - - Total $ 322 $ 8,289 $ 3,037 $ 482,891 Activity for the three months ended December 31, 2014 (In thousands) Balance at September 30, 2014 Charge-offs Recoveries Provision Balance at December 31, 2014 Residential real estate $ 2,647 $ 168 $ - $ 110 $ 2,589 Residential construction and land 41 - - 10 51 Multi-family 45 - - (1 ) 44 Commercial real estate 3,164 - - 303 3,467 Commercial construction 109 - - 39 148 Home equity 376 - - (4 ) 372 Consumer installment 243 66 5 62 244 Commercial loans 831 6 6 50 881 Unallocated 264 - - (264 ) - Total $ 7,720 $ 240 $ 11 $ 305 $ 7,796 Activity for the six months ended December 31, 2014 (In thousands) Balance at June 30, 2014 Charge-offs Recoveries Provision Balance at December 31, 2014 Residential real estate $ 2,731 $ 242 $ - $ 100 $ 2,589 Residential construction and land 42 - - 9 51 Multi-family 59 - - (15 ) 44 Commercial real estate 2,936 - - 531 3,467 Commercial construction 38 - - 110 148 Home equity 361 - - 11 372 Consumer installment 240 121 24 101 244 Commercial loans 811 6 6 70 881 Unallocated 201 - - (201 ) - Total $ 7,419 $ 369 $ 30 $ 716 $ 7,796 Allowance for Loan Losses Loans Receivable Ending Balance June 30, 2015 Impairment Analysis Ending Balance June 30, 2015 Impairment Analysis (In thousands) Individually Evaluated Collectively Evaluated Individually Evaluated Collectively Evaluated Residential real estate $ 263 $ 2,191 $ 1,843 $ 224,805 Residential construction and land - 50 - 3,621 Multi-family - 40 - 4,287 Commercial real estate 187 3,512 2,101 140,222 Commercial construction - 233 - 8,936 Home equity - 314 154 20,865 Consumer installment - 223 - 4,123 Commercial loans 1 1,128 93 39,705 Unallocated - - - - Total $ 451 $ 7,691 $ 4,191 $ 446,564

Fair Value Measurements and F29

Fair Value Measurements and Fair Value of Financial Instruments (Tables)	6 Months Ended
	Dec. 31, 2015
Fair Value Measurements and Fair Value of Financial Instruments [Abstract]
Assets Measured at Fair Value on Recurring Basis	For assets measured at fair value on a recurring basis, the fair value measurements by level within the fair value hierarchy used are as follows: Fair Value Measurements Using (In thousands) December 31, 2015 Quoted Prices In Active Markets For Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Assets: U.S. Government sponsored enterprises $ 4,787 $ - $ 4,787 $ - State and political subdivisions 53,120 - 53,120 - Mortgage-backed securities-residential 7,135 - 7,135 - Mortgage-backed securities-multi-family 23,686 - 23,686 - Asset-backed securities 5 5 - - Corporate debt securities 4,703 4,703 - - Equity securities 146 146 - - Securities available-for-sale $ 93,582 $ 4,854 $ 88,728 $ - Fair Value Measurements Using (In thousands) June 30, 2015 Quoted Prices In Active Markets For Identical Assets Significant Other Observable Inputs Significant Unobservable Inputs Assets: U.S. Government sponsored enterprises $ 7,855 $ - $ 7,855 $ - State and political subdivisions 39,582 - 39,582 - Mortgage-backed securities-residential 7,942 - 7,942 - Mortgage-backed securities-multi-family 25,735 - 25,735 - Asset-backed securities 9 9 - - Corporate debt securities 4,774 4,774 - - Equity securities 137 137 - - Securities available-for-sale $ 86,034 $ 4,920 $ 81,114 $ -
Assets and Liabilities Measured at Fair Value on Nonrecurring Basis	Fair Value Measurements Using (In thousands) Fair Value (Level 1) (Level 2) (Level 3) December 31, 2015 Impaired loans $ 248 $ - $ - $ 248 Foreclosed real estate 304 - - 304 June 30, 2015 Impaired loans $ 922 $ - $ - $ 922 Foreclosed real estate 490 - - 490
Additional Quantitative Information about Assets Measured at Fair Value on Nonrecurring Basis	The following table presents additional quantitative information about assets measured at fair value on a nonrecurring basis and for which Level 3 inputs were utilized to determine fair value: (Dollars in thousands) Fair Value Valuation Technique Unobservable Input Range Weighted Average December 31, 2015 Impaired Loans $ 248 Appraisal of collateral (1) Appraisal adjustments (2) 16.50%-38.85 % 27.37 % Liquidation expenses (3) 4.09%-8.35 % 6.25 % Foreclosed real estate 304 Appraisal of collateral (1) Appraisal adjustments (2) 0.00%-54.17 % 10.73 % Liquidation expenses (3) 0.42%-11.64 % 9.49 % June 30, 2015 Impaired loans $ 922 Appraisal of collateral (1) Appraisal adjustments (2) 0.00%-38.85 % 22.81 % Liquidation expenses (3) 0.00%-7.50 % 3.91 % Foreclosed real estate 490 Appraisal of collateral (1) Appraisal adjustments (2) 7.41%-54.17 % 24.65 % Liquidation expenses (3) 0.42%-10.86 % 6.40 % (1) Fair value is generally determined through independent third-party appraisals of the underlying collateral, which generally includes various Level 3 inputs which are not observable. (2) Appraisals may be adjusted downwards by management for qualitative factors such as economic conditions. Higher downward adjustments are caused by negative changes to the collateral or conditions in the real estate market, actual offers or sales contracts received or age of the appraisal. (3) Appraisals may be adjusted downwards by management for qualitative factors such as the estimated costs to liquidate the collateral.
Carrying Amounts and Estimated Fair Value of Financial Instruments	The carrying amounts and estimated fair value of financial instruments are as follows: (In thousands) December 31, 2015 Fair Value Measurements Using Carrying Amount Fair Value (Level 1) (Level 2) (Level 3) Cash and cash equivalents $ 22,088 $ 22,088 $ 22,088 $ - $ - Long term certificate of deposit 1,230 1,230 1,230 - - Securities available-for-sale 93,582 93,582 4,854 88,728 - Securities held-to-maturity 177,554 182,063 - 182,063 - Federal Home Loan Bank stock 2,782 2,782 - 2,782 - Net loans 478,204 485,271 - - 485,271 Accrued interest receivable 3,258 3,258 - 3,258 - Deposits 669,189 669,381 - 669,381 - Federal Home Loan Bank borrowings 48,100 47,904 - 47,904 - Accrued interest payable 74 74 - 74 - (In thousands) June 30, 2015 Fair Value Measurements Using Carrying Amount Fair Value (Level 1) (Level 2) (Level 3) Cash and cash equivalents $ 15,538 $ 15,538 $ 15,538 $ - $ - Long term certificate of deposit 1,230 1,230 1,230 - - Securities available-for-sale 86,034 86,034 4,920 81,114 - Securities held-to-maturity 169,000 171,976 - 171,976 - Federal Home Loan Bank stock 2,494 2,494 - 2,494 - Net loans 443,496 450,437 - - 450,437 Accrued interest receivable 3,026 3,026 - 3,026 - Deposits 622,717 622,900 - 622,900 - Federal Home Loan Bank borrowings 41,700 41,598 - 41,598 - Accrued interest payable 64 64 - 64 -

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	Basic earnings per share is computed by dividing net income by the weighted average number of common shares outstanding during the period. Diluted earnings per share is computed in a manner similar to that of basic earnings per share except that the weighted-average number of common shares outstanding is increased to include the number of incremental common shares that would have been outstanding under the treasury stock method if all potentially dilutive common shares (such as stock options) issued became vested during the period. There were no anti-dilutive securities or contracts outstanding during the six and three months ended December 31, 2015 and 2014. Net Income Weighted Average Number Of Shares Outstanding Earnings per Share Six months ended December 31, 2015 $ 4,470,000 Basic 4,224,540 $ 1.06 Effect of dilutive stock options 25,916 (0.01 ) Diluted 4,250,456 $ 1.05 Six months ended December 31, 2014 $ 3,586,000 Basic 4,215,738 $ 0.85 Effect of dilutive stock options 31,055 (0.01 ) Diluted 4,246,793 $ 0.84 Three months ended December 31, 2015 $ 2,320,000 Basic 4,225,924 $ $ 0.55 Effect of dilutive stock options 25,559 - Diluted 4,251,483 $ $ 0.55 Three months ended December 31, 2014 $ 1,811,000 Basic 4,217,118 $ $ 0.43 Effect of dilutive stock options 31,057 - Diluted 4,248,175 $ $ 0.43

Employee Benefit Plans (Tables)

Employee Benefit Plans (Tables)	6 Months Ended
	Dec. 31, 2015
Employee Benefit Plans [Abstract]
Schedule of Net Periodic Pension Costs	The components of net periodic pension cost related to the defined benefit pension plan for the six and three months ended December 31, 2015 and 2014 were as follows: Six months ended December 31, Three months ended December 31, (In thousands) 2015 2014 2015 2014 Interest cost $ 116 $ 110 $ 58 $ 55 Expected return on plan assets (154 ) (162 ) (77 ) (81 ) Amortization of net loss 68 52 34 26 Net periodic pension cost $ 30 $ - $ 15 $ -

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Dec. 31, 2015
Stock-Based Compensation [Abstract]
Summary of Stock Option Activity	A summary of the Company’s stock option activity and related information for its option plan for the six months ended December 31, 2015 and 2014 is as follows: 2015 2014 Shares Weighted Average Exercise Price Per Share Shares Weighted Average Exercise Price Per Share Outstanding at beginning of year 47,835 $ 12.50 59,435 $ 12.50 Exercised (6,600 ) $ 12.50 (5,100 ) $ 12.50 Outstanding at period end 41,235 $ 12.50 54,335 $ 12.50 Exercisable at period end 41,235 $ 12.50 54,335 $ 12.50
Schedule of Options Outstanding and Exercisable	The following table presents stock options outstanding and exercisable at December 31, 2015: Options Outstanding and Exercisable Range of Exercise Prices Number Outstanding Weighted Average Remaining Contractual Life Weighted Average Exercise Price $ 12.50 41,235 2.75 $ 12.50
Summary of Phantom Stock Options Activity	A summary of the Company’s phantom stock option activity and related information for its option plan for the six months ended December 31, 2015 and 2014 is as follows: 2015 2014 Number of options outstanding at beginning of year 628,754 665,426 Options granted 246,880 241,090 Options paid in cash upon vesting (198,357 ) (227,484 ) Number of options outstanding at period end 677,277 679,032

Accumulated Other Comprehensi33

Accumulated Other Comprehensive Loss (Tables)	6 Months Ended
	Dec. 31, 2015
Accumulated Other Comprehensive Loss [Abstract]
Components of Accumulated Other Comprehensive Loss	The components of accumulated other comprehensive loss as of December 31, 2015 and June 30, 2015 are presented in the following table: (In thousands) Accumulated other comprehensive (loss) income: December 31, 2015 June 30, 2015 Unrealized gain on available-for-sale securities, net of tax $ 683 $ 704 Unrealized loss on securities transferred to held-to-maturity, net of tax (4 ) (11 ) Net losses and past service liability for defined benefit plan, net of tax (1,491 ) (1,491 ) Accumulated other comprehensive loss $ (812 ) $ (798 )

Nature of Operations (Details)

Nature of Operations (Details)	Dec. 31, 2015SubsidiaryOffice
Nature of Operations [Abstract]
Number of subsidiaries | Subsidiary	2
Number of full-service offices | Office	13

Securities, Unrealized Gain (Lo

Securities, Unrealized Gain (Loss) on Investments (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Available-for-sale debt securities [Abstract]
Amortized cost	$ 92,407	$ 84,824
Gross unrealized gains	1,075	1,139
Gross unrealized losses	46	66
Estimated fair value	93,436	85,897
Available-for-sale equity securities and other [Abstract]
Amortized cost	62	62
Gross unrealized gains	84	75
Gross unrealized losses	0	0
Estimated fair value	146	137
Available-for-sale securities [Abstract]
Amortized cost	92,469	84,886
Gross unrealized gains	1,159	1,214
Gross unrealized losses	46	66
Estimated fair value	93,582	86,034
Held-to-maturity securities [Abstract]
Amortized cost	177,554	169,000
Gross unrealized gains	5,052	3,895
Gross unrealized losses	543	919
Estimated fair value	182,063	171,976
Total Securities [Abstract]
Amortized cost	270,023	253,886
Gross unrealized gains	6,211	5,109
Gross unrealized losses	589	985
Estimated fair value	275,645	258,010
U.S. Government Sponsored Enterprises [Member]
Available-for-sale debt securities [Abstract]
Amortized cost	4,597	7,608
Gross unrealized gains	190	247
Gross unrealized losses	0	0
Estimated fair value	4,787	7,855
State and Political Subdivisions [Member]
Available-for-sale debt securities [Abstract]
Amortized cost	53,113	39,574
Gross unrealized gains	7	9
Gross unrealized losses	0	1
Estimated fair value	53,120	39,582
Mortgage-backed Securities-Residential [Member]
Available-for-sale debt securities [Abstract]
Amortized cost	7,046	7,797
Gross unrealized gains	114	155
Gross unrealized losses	25	10
Estimated fair value	7,135	7,942
Mortgage-backed Securities-Multi-family [Member]
Available-for-sale debt securities [Abstract]
Amortized cost	23,108	25,291
Gross unrealized gains	589	486
Gross unrealized losses	11	42
Estimated fair value	23,686	25,735
Asset-backed Securities [Member]
Available-for-sale debt securities [Abstract]
Amortized cost	6	10
Gross unrealized gains	0	0
Gross unrealized losses	1	1
Estimated fair value	5	9
Corporate Debt Securities [Member]
Available-for-sale debt securities [Abstract]
Amortized cost	4,537	4,544
Gross unrealized gains	175	242
Gross unrealized losses	9	12
Estimated fair value	4,703	4,774
U.S. Government Sponsored Enterprises [Member]
Held-to-maturity securities [Abstract]
Amortized cost	2,000	2,000
Gross unrealized gains	0	0
Gross unrealized losses	45	49
Estimated fair value	1,955	1,951
State and Political Subdivisions [Member]
Held-to-maturity securities [Abstract]
Amortized cost	90,038	81,501
Gross unrealized gains	3,371	2,137
Gross unrealized losses	29	187
Estimated fair value	93,380	83,451
Mortgage-backed Securities-Residential [Member]
Held-to-maturity securities [Abstract]
Amortized cost	14,582	17,468
Gross unrealized gains	598	768
Gross unrealized losses	0	0
Estimated fair value	15,180	18,236
Mortgage-backed Securities-Multi-family [Member]
Held-to-maturity securities [Abstract]
Amortized cost	68,216	67,239
Gross unrealized gains	1,083	990
Gross unrealized losses	450	665
Estimated fair value	68,849	67,564
Corporate Debt Securities [Member]
Held-to-maturity securities [Abstract]
Amortized cost	1,000
Gross unrealized gains	0
Gross unrealized losses	0
Estimated fair value	1,000
Other Securities [Member]
Held-to-maturity securities [Abstract]
Amortized cost	1,718	792
Gross unrealized gains	0	0
Gross unrealized losses	19	18
Estimated fair value	$ 1,699	$ 774

Securities, Securities in Conti

Securities, Securities in Continuous Unrealized Loss Position (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015USD ($)Security	Dec. 31, 2014USD ($)	Dec. 31, 2015USD ($)Security	Dec. 31, 2014USD ($)	Jun. 30, 2015USD ($)Security
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	$ 0		$ 0		$ 3,095
Less than 12 months, unrealized losses	$ 0		$ 0		$ 29
Less than 12 months, number of securities | Security	0		0		3
More than 12 months, fair value	$ 4,874		$ 4,874		$ 2,883
More than 12 months, unrealized losses	$ 46		$ 46		$ 37
More than 12 months, number of securities | Security	6		6		5
Total, fair value	$ 4,874		$ 4,874		$ 5,978
Total, unrealized losses	$ 46		$ 46		$ 66
Total, number of securities | Security	6		6		8
Other-than-temporary impairment losses	$ 0	$ 0	$ 0	$ 0
Held-to-maturity Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	8,345		8,345		$ 25,969
Less than 12 months, unrealized losses	$ 72		$ 72		$ 254
Less than 12 months, number of securities | Security	11		11		54
More than 12 months, fair value	$ 35,779		$ 35,779		$ 31,561
More than 12 months, unrealized losses	$ 471		$ 471		$ 665
More than 12 months, number of securities | Security	23		23		17
Total, fair value	$ 44,124		$ 44,124		$ 57,530
Total, unrealized losses	$ 543		$ 543		$ 919
Total, number of securities | Security	34		34		71
Total Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	$ 8,345		$ 8,345		$ 29,064
Less than 12 months, unrealized losses	$ 72		$ 72		$ 283
Less than 12 months, number of securities | Security	11		11		57
More than 12 months, fair value	$ 40,653		$ 40,653		$ 34,444
More than 12 months, unrealized losses	$ 517		$ 517		$ 702
More than 12 months, number of securities | Security	29		29		22
Total, fair value	$ 48,998		$ 48,998		$ 63,508
Total, unrealized losses	$ 589		$ 589		$ 985
Total, number of securities | Security	40		40		79
Proceeds from sale of available-for-sale securities, debt	$ 0	0	$ 0	0
Gross realized gains (losses) on sale of available-for-sale securities	0	0	0	0
Other-than-temporary impairment losses	0	0	0	0
State and Political Subdivisions [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value					$ 799
Less than 12 months, unrealized losses					$ 1
Less than 12 months, number of securities | Security					1
More than 12 months, fair value					$ 0
More than 12 months, unrealized losses					0
Total, fair value					799
Total, unrealized losses					$ 1
Total, number of securities | Security					1
Mortgage-backed Securities-Residential [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	0		0		$ 0
Less than 12 months, unrealized losses	$ 0		$ 0		$ 0
Less than 12 months, number of securities | Security	0		0		0
More than 12 months, fair value	$ 1,492		$ 1,492		$ 1,630
More than 12 months, unrealized losses	$ 25		$ 25		$ 10
More than 12 months, number of securities | Security	1		1		1
Total, fair value	$ 1,492		$ 1,492		$ 1,630
Total, unrealized losses	$ 25		$ 25		$ 10
Total, number of securities | Security	1		1		1
Mortgage-backed Securities-Multi-family [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	$ 0		$ 0		$ 2,023
Less than 12 months, unrealized losses	$ 0		$ 0		$ 26
Less than 12 months, number of securities | Security	0		0		1
More than 12 months, fair value	$ 2,613		$ 2,613		$ 753
More than 12 months, unrealized losses	$ 11		$ 11		$ 16
More than 12 months, number of securities | Security	2		2		1
Total, fair value	$ 2,613		$ 2,613		$ 2,776
Total, unrealized losses	$ 11		$ 11		$ 42
Total, number of securities | Security	2		2		2
Asset-backed Securities [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	$ 0		$ 0		$ 0
Less than 12 months, unrealized losses	$ 0		$ 0		$ 0
Less than 12 months, number of securities | Security	0		0		0
More than 12 months, fair value	$ 5		$ 5		$ 9
More than 12 months, unrealized losses	$ 1		$ 1		$ 1
More than 12 months, number of securities | Security	1		1		1
Total, fair value	$ 5		$ 5		$ 9
Total, unrealized losses	$ 1		$ 1		$ 1
Total, number of securities | Security	1		1		1
Corporate Debt Securities [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	$ 0		$ 0		$ 273
Less than 12 months, unrealized losses	$ 0		$ 0		$ 2
Less than 12 months, number of securities | Security	0		0		1
More than 12 months, fair value	$ 764		$ 764		$ 491
More than 12 months, unrealized losses	$ 9		$ 9		$ 10
More than 12 months, number of securities | Security	2		2		2
Total, fair value	$ 764		$ 764		$ 764
Total, unrealized losses	$ 9		$ 9		$ 12
Total, number of securities | Security	2		2		3
Federal Home Loan Bank Stock [Member]
Available-for-sale Securities, Continuous Unrealized Loss Position [Abstract]
Other-than-temporary impairment losses	$ 0	0	$ 0	0
Total Securities, Continuous Unrealized Loss Position [Abstract]
Other-than-temporary impairment losses	0	$ 0	0	$ 0
U.S. Government Sponsored Enterprises [Member]
Held-to-maturity Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	0		0		$ 0
Less than 12 months, unrealized losses	$ 0		$ 0		$ 0
Less than 12 months, number of securities | Security	0		0		0
More than 12 months, fair value	$ 1,955		$ 1,955		$ 1,951
More than 12 months, unrealized losses	$ 45		$ 45		$ 49
More than 12 months, number of securities | Security	1		1		1
Total, fair value	$ 1,955		$ 1,955		$ 1,951
Total, unrealized losses	$ 45		$ 45		$ 49
Total, number of securities | Security	1		1		1
State and Political Subdivisions [Member]
Held-to-maturity Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	$ 647		$ 647		$ 11,171
Less than 12 months, unrealized losses	$ 3		$ 3		$ 143
Less than 12 months, number of securities | Security	7		7		49
More than 12 months, fair value	$ 2,514		$ 2,514		$ 1,221
More than 12 months, unrealized losses	$ 26		$ 26		$ 44
More than 12 months, number of securities | Security	13		13		9
Total, fair value	$ 3,161		$ 3,161		$ 12,392
Total, unrealized losses	$ 29		$ 29		$ 187
Total, number of securities | Security	20		20		58
Mortgage-backed Securities-Residential [Member]
Held-to-maturity Securities, Continuous Unrealized Loss Position [Abstract]
Total, unrealized losses	$ 0		$ 0		$ 0
Mortgage-backed Securities-Multi-family [Member]
Held-to-maturity Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	7,117		7,117		14,464
Less than 12 months, unrealized losses	$ 66		$ 66		$ 100
Less than 12 months, number of securities | Security	2		2		4
More than 12 months, fair value	$ 30,773		$ 30,773		$ 28,187
More than 12 months, unrealized losses	$ 384		$ 384		$ 565
More than 12 months, number of securities | Security	7		7		6
Total, fair value	$ 37,890		$ 37,890		$ 42,651
Total, unrealized losses	$ 450		$ 450		$ 665
Total, number of securities | Security	9		9		10
Other Securities [Member]
Held-to-maturity Securities, Continuous Unrealized Loss Position [Abstract]
Less than 12 months, fair value	$ 581		$ 581		$ 334
Less than 12 months, unrealized losses	$ 3		$ 3		$ 11
Less than 12 months, number of securities | Security	2		2		1
More than 12 months, fair value	$ 537		$ 537		$ 202
More than 12 months, unrealized losses	$ 16		$ 16		$ 7
More than 12 months, number of securities | Security	2		2		1
Total, fair value	$ 1,118		$ 1,118		$ 536
Total, unrealized losses	$ 19		$ 19		$ 18
Total, number of securities | Security	4		4		2

Securities, Securities by Contr

Securities, Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Available-for-sale Debt Securities, Amortized Cost [Abstract]
Within one year	$ 54,068
After one year through five years	8,179
After five years through ten years	0
After ten years	0
Total available for sale debt securities	62,247
Mortgage-backed and asset-backed securities	30,160
Equity securities	62	$ 62
Amortized cost	92,469	84,886
Available-for-sale Debt Securities, Fair Value [Abstract]
Within one year	54,113
After one through five years	8,497
After five through ten years	0
After ten years	0
Total available-for-sale debt securities	62,610
Mortgage-backed and asset-backed securities	30,826
Equity securities	146	137
Estimated fair value	93,582	86,034
Held-to-maturity Debt Securities, Amortized Cost [Abstract]
Within one year	12,908
After one year through five years	51,013
After five years through ten years	22,290
After ten years	8,545
Total held-to-maturity debt securities	94,756
Mortgage-backed	82,798
Amortized cost	177,554	169,000
Held-to-maturity Debt Securities, Fair Value [Abstract]
Within one year	13,128
After one year through five years	52,355
After five years through ten years	23,308
After ten years	9,243
Total held-to-maturity debt securities	98,034
Mortgage-backed securities	84,029
Estimated Fair Value	182,063	171,976
Total Securities [Abstract]
Amortized cost	270,023	253,886
Estimated fair value	275,645	258,010
Securities pledged as collateral for deposits in excess of FDIC insurance limits, fair value	245,900	223,100
Securities pledged as collateral for potential borrowings at the Federal Reserve Bank discount window	$ 4,700	$ 4,800

Loans, Major Loan Segments and

Loans, Major Loan Segments and Classes (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans	$ 485,928		$ 450,755
Allowance for loan losses	(8,611)	$ (8,466)	(8,142)	$ (7,796)	$ (7,720)	$ (7,419)
Deferred fees and costs	887		883
Loans receivable, net	478,204		443,496
Residential Real Estate [Member] | Residential Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans	229,698		226,648
Allowance for loan losses	(2,392)	(2,386)	(2,454)	(2,589)	(2,647)	(2,731)
Residential Real Estate [Member] | Construction and Land [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans	5,212		3,621
Allowance for loan losses	(70)	(62)	(50)	(51)	(41)	(42)
Residential Real Estate [Member] | Multi-family [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans	4,443		4,287
Allowance for loan losses	(25)	(25)	(40)	(44)	(45)	(59)
Commercial Real Estate [Member] | Real Estate [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans	163,110		142,323
Allowance for loan losses	(4,020)	(3,814)	(3,699)	(3,467)	(3,164)	(2,936)
Commercial Real Estate [Member] | Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans	12,761		8,936
Allowance for loan losses	(331)	(162)	(233)	(148)	(109)	(38)
Consumer Loan [Member] | Home Equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans	21,165		21,019
Allowance for loan losses	(305)	(319)	(314)	(372)	(376)	(361)
Consumer Loan [Member] | Consumer Installment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans	4,097		4,123
Allowance for loan losses	(188)	(240)	(223)	(244)	(243)	(240)
Commercial Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total gross loans	45,442		39,798
Allowance for loan losses	$ (1,272)	$ (1,252)	$ (1,129)	$ (881)	$ (831)	$ (811)

Loans and Allowance for Loan 39

Loans and Allowance for Loan Losses, Loan Balances by Internal Credit Quality Indicator (Details) $ in Thousands	6 Months Ended
	Dec. 31, 2015USD ($)Segment	Jun. 30, 2015USD ($)
Financing Receivable, Recorded Investment [Line Items]
Number of segments within loan portfolio | Segment	4
Total gross loans	$ 485,928	$ 450,755
Performing [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	479,681	442,584
Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	740	644
Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	1,470	1,942
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	4,037	5,585
Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	0	0
Loss [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	$ 0	0
Residential Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Maximum loan-to-value ratio	89.90%
Residential Real Estate [Member] | Residential Mortgage with Private Mortgage Insurance [Member]
Financing Receivable, Recorded Investment [Line Items]
Maximum loan-to-value ratio	95.00%
Residential Real Estate [Member] | Residential Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	$ 229,698	226,648
Residential Real Estate [Member] | Residential Real Estate [Member] | Performing [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	227,712	224,195
Residential Real Estate [Member] | Residential Real Estate [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	307	638
Residential Real Estate [Member] | Residential Real Estate [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	95	97
Residential Real Estate [Member] | Residential Real Estate [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	1,584	1,718
Residential Real Estate [Member] | Construction and Land [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	5,212	3,621
Residential Real Estate [Member] | Construction and Land [Member] | Performing [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	5,212	3,621
Residential Real Estate [Member] | Construction and Land [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	0	0
Residential Real Estate [Member] | Construction and Land [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	0	0
Residential Real Estate [Member] | Construction and Land [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	0	0
Residential Real Estate [Member] | Multi-family [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	4,443	4,287
Residential Real Estate [Member] | Multi-family [Member] | Performing [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	4,342	4,182
Residential Real Estate [Member] | Multi-family [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	0	0
Residential Real Estate [Member] | Multi-family [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	0	0
Residential Real Estate [Member] | Multi-family [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	101	105
Commercial Real Estate [Member] | Real Estate [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	163,110	142,323
Commercial Real Estate [Member] | Real Estate [Member] | Performing [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	160,310	138,468
Commercial Real Estate [Member] | Real Estate [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	429	0
Commercial Real Estate [Member] | Real Estate [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	540	986
Commercial Real Estate [Member] | Real Estate [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	1,831	2,869
Commercial Real Estate [Member] | Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	12,761	8,936
Commercial Real Estate [Member] | Construction [Member] | Performing [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	12,761	8,936
Commercial Real Estate [Member] | Construction [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	0	0
Commercial Real Estate [Member] | Construction [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	0	0
Commercial Real Estate [Member] | Construction [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	0	0
Consumer Loan [Member] | Home Equity [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	21,165	21,019
Consumer Loan [Member] | Home Equity [Member] | Performing [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	21,146	20,731
Consumer Loan [Member] | Home Equity [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	0	0
Consumer Loan [Member] | Home Equity [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	14	15
Consumer Loan [Member] | Home Equity [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	5	273
Consumer Loan [Member] | Consumer Installment [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	4,097	4,123
Consumer Loan [Member] | Consumer Installment [Member] | Performing [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	4,089	4,117
Consumer Loan [Member] | Consumer Installment [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	4	6
Consumer Loan [Member] | Consumer Installment [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	0	0
Consumer Loan [Member] | Consumer Installment [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	4	0
Commercial Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	45,442	39,798
Commercial Loans [Member] | Performing [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	44,109	38,334
Commercial Loans [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	0	0
Commercial Loans [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	821	844
Commercial Loans [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total gross loans	$ 512	$ 620

Loans and Allowance for Loan 40

Loans and Allowance for Loan Losses, Delinquent and Nonaccrual Loans by Past Due Status (Details) - USD ($)	Dec. 31, 2015	Jun. 30, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	$ 4,477,000	$ 4,330,000
Current	481,451,000	446,425,000
Total loans	485,928,000	450,755,000
Loans on non-accrual	3,619,000	4,608,000
Loans in the process of foreclosure	1,300,000	1,200,000
Nonaccrual loans with recent history of delinquency greater than 90 days	1,700,000	2,600,000
Nonaccrual loans making payments pursuant to forbearance agreements	671,000
Accruing loans delinquent more than 90 days	81,000	84,000
30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	2,443,000	1,869,000
60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	4,000	336,000
90 Days or More Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	2,030,000	2,125,000
Residential Real Estate [Member] | Residential Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	2,225,000	2,347,000
Current	227,473,000	224,301,000
Total loans	229,698,000	226,648,000
Loans on non-accrual	961,000	1,087,000
Residential Real Estate [Member] | Residential Real Estate [Member] | 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	1,279,000	1,233,000
Residential Real Estate [Member] | Residential Real Estate [Member] | 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	329,000
Residential Real Estate [Member] | Residential Real Estate [Member] | 90 Days or More Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	946,000	785,000
Residential Real Estate [Member] | Construction and Land [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	28,000
Current	5,212,000	3,593,000
Total loans	5,212,000	3,621,000
Loans on non-accrual	0	0
Residential Real Estate [Member] | Construction and Land [Member] | 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	28,000
Residential Real Estate [Member] | Construction and Land [Member] | 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	0
Residential Real Estate [Member] | Construction and Land [Member] | 90 Days or More Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	0
Residential Real Estate [Member] | Multi-family [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	96,000	0
Current	4,347,000	4,287,000
Total loans	4,443,000	4,287,000
Loans on non-accrual	0	0
Residential Real Estate [Member] | Multi-family [Member] | 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	96,000	0
Residential Real Estate [Member] | Multi-family [Member] | 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	0
Residential Real Estate [Member] | Multi-family [Member] | 90 Days or More Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	0
Commercial Real Estate [Member] | Real Estate [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	1,608,000	1,472,000
Current	161,502,000	140,851,000
Total loans	163,110,000	142,323,000
Loans on non-accrual	2,353,000	2,964,000
Commercial Real Estate [Member] | Real Estate [Member] | 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	604,000	339,000
Commercial Real Estate [Member] | Real Estate [Member] | 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	1,000
Commercial Real Estate [Member] | Real Estate [Member] | 90 Days or More Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	1,004,000	1,132,000
Commercial Real Estate [Member] | Construction [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	0
Current	12,761,000	8,936,000
Total loans	12,761,000	8,936,000
Loans on non-accrual	0	0
Commercial Real Estate [Member] | Construction [Member] | 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	0
Commercial Real Estate [Member] | Construction [Member] | 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	0
Commercial Real Estate [Member] | Construction [Member] | 90 Days or More Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	0
Consumer Loan [Member] | Home Equity [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	261,000	277,000
Current	20,904,000	20,742,000
Total loans	21,165,000	21,019,000
Loans on non-accrual	19,000	169,000
Consumer Loan [Member] | Home Equity [Member] | 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	256,000	244,000
Consumer Loan [Member] | Home Equity [Member] | 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	0
Consumer Loan [Member] | Home Equity [Member] | 90 Days or More Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	5,000	33,000
Consumer Loan [Member] | Consumer Installment [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	87,000	31,000
Current	4,010,000	4,092,000
Total loans	4,097,000	4,123,000
Loans on non-accrual	4,000	0
Consumer Loan [Member] | Consumer Installment [Member] | 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	83,000	25,000
Consumer Loan [Member] | Consumer Installment [Member] | 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	4,000	6,000
Consumer Loan [Member] | Consumer Installment [Member] | 90 Days or More Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	0
Commercial Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	200,000	175,000
Current	45,242,000	39,623,000
Total loans	45,442,000	39,798,000
Loans on non-accrual	282,000	388,000
Commercial Loans [Member] | 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	125,000	0
Commercial Loans [Member] | 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	0	0
Commercial Loans [Member] | 90 Days or More Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total past due	$ 75,000	$ 175,000

Loans and Allowance for Loan 41

Loans and Allowance for Loan Losses, Nonaccrual Loans, Interest Income Data (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Loans and Allowance for Loan Losses [Abstract]
Interest income that would have been recorded if loans had been performing in accordance with original	$ 159	$ 199	$ 58	$ 71
Interest income that was recorded on nonaccrual loans	$ 99	$ 85	$ 50	$ 39

Loans and Allowance for Loan 42

Loans and Allowance for Loan Losses, Impaired Loans By Loan Portfolio Class (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Jun. 30, 2015
With no related allowance recorded [Abstract]
Recorded investment	$ 1,159		$ 1,159		$ 1,792
Unpaid principal	1,365		1,365		1,998
Average recorded investment	1,317	$ 1,191	1,500	$ 1,209
Interest income recognized	11	16	20	26
With an allowance recorded [Abstract]
Recorded investment	1,878		1,878		2,399
Unpaid principal	1,878		1,878		2,399
Related allowance	322		322		451
Average recorded investment	1,932	5,678	2,050	5,945
Interest income recognized	22	26	43	109
Total impaired [Abstract]
Recorded investment	3,037		3,037		4,191
Unpaid principal	3,243		3,243		4,397
Related allowance	322		322		451
Average recorded investment	3,249	6,869	3,550	7,154
Interest income recognized	33	42	63	135
Residential Real Estate [Member] | Residential Real Estate [Member]
With no related allowance recorded [Abstract]
Recorded investment	124		124		432
Unpaid principal	124		124		432
Average recorded investment	185	672	267	672
Interest income recognized	0	10	2	13
With an allowance recorded [Abstract]
Recorded investment	1,376		1,376		1,411
Unpaid principal	1,376		1,376		1,411
Related allowance	260		260		263
Average recorded investment	1,382	2,450	1,393	2,669
Interest income recognized	14	16	28	47
Total impaired [Abstract]
Recorded investment	1,500		1,500		1,843
Unpaid principal	1,500		1,500		1,843
Related allowance	260		260		263
Average recorded investment	1,567	3,122	1,660	3,341
Interest income recognized	14	26	30	60
Commercial Real Estate [Member] | Real Estate [Member]
With no related allowance recorded [Abstract]
Recorded investment	1,030		1,030		1,206
Unpaid principal	1,236		1,236		1,412
Average recorded investment	1,086	455	1,143	457
Interest income recognized	11	6	17	13
With an allowance recorded [Abstract]
Recorded investment	413		413		895
Unpaid principal	413		413		895
Related allowance	60		60		187
Average recorded investment	461	2,429	566	2,476
Interest income recognized	6	0	12	42
Total impaired [Abstract]
Recorded investment	1,443		1,443		2,101
Unpaid principal	1,649		1,649		2,307
Related allowance	60		60		187
Average recorded investment	1,547	2,884	1,709	2,933
Interest income recognized	17	6	29	55
Consumer Loan [Member] | Home Equity [Member]
With no related allowance recorded [Abstract]
Recorded investment	5		5		154
Unpaid principal	5		5		154
Average recorded investment	46	64	90	80
Interest income recognized	0	0	1	0
With an allowance recorded [Abstract]
Recorded investment					0
Unpaid principal					0
Related allowance	0		0		0
Average recorded investment		200		200
Interest income recognized		0		0
Total impaired [Abstract]
Recorded investment	5		5		154
Unpaid principal	5		5		154
Related allowance	0		0		0
Average recorded investment	46	264	90	280
Interest income recognized	0	0	1	0
Commercial Loans [Member]
With an allowance recorded [Abstract]
Recorded investment	89		89		93
Unpaid principal	89		89		93
Related allowance	2		2		1
Average recorded investment	89	599	91	600
Interest income recognized	2	10	3	20
Total impaired [Abstract]
Recorded investment	89		89		93
Unpaid principal	89		89		93
Related allowance	2		2		$ 1
Average recorded investment	89	599	91	600
Interest income recognized	$ 2	$ 10	$ 3	$ 20

Loans and Allowance for Loan 43

Loans and Allowance for Loan Losses, Troubled Debt Restructurings (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015USD ($)Contract	Dec. 31, 2014USD ($)Contract	Dec. 31, 2015USD ($)Contract	Dec. 31, 2014USD ($)Contract
Financing Receivable, Modifications [Line Items]
TDR loans which have subsequently defaulted during the period | Contract			0	0
Residential Real Estate [Member] | Residential Real Estate [Member]
Financing Receivable, Modifications [Line Items]
Number of contracts | Contract	0	1	0	1
Pre-modification outstanding recorded investment	$ 0	$ 164	$ 0	$ 164
Post-modification outstanding recorded investment	0	184	0	184
Current outstanding recorded investment	$ 0	$ 184	$ 0	$ 184

Loans and Allowance for Loan 44

Loans and Allowance for Loan Losses, Activity and Allocation of Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Jun. 30, 2015
Activity of allowance for loan losses by loan category [Roll Forward]
Balance, beginning of period	$ 8,466	$ 7,720	$ 8,142	$ 7,419
Charge-offs	213	240	305	369
Recoveries	15	11	57	30
Provision	343	305	717	716
Balance, end of period	8,611	7,796	8,611	7,796
Allocation of allowance for loan losses by loan category [Abstract]
Allowance for loan losses, ending balance, impairment analysis individually evaluated	322		322		$ 451
Allowance for loan losses, ending balance, impairment analysis collectively evaluated	8,289		8,289		7,691
Loans receivable, ending balance, impairment analysis individually evaluated	3,037		3,037		4,191
Loans receivable, ending balance, impairment analysis collectively evaluated	482,891		482,891		446,564
Residential Real Estate [Member] | Residential Real Estate [Member]
Activity of allowance for loan losses by loan category [Roll Forward]
Balance, beginning of period	2,386	2,647	2,454	2,731
Charge-offs	0	168	0	242
Recoveries	0	0	0	0
Provision	6	110	(62)	100
Balance, end of period	2,392	2,589	2,392	2,589
Allocation of allowance for loan losses by loan category [Abstract]
Allowance for loan losses, ending balance, impairment analysis individually evaluated	260		260		263
Allowance for loan losses, ending balance, impairment analysis collectively evaluated	2,132		2,132		2,191
Loans receivable, ending balance, impairment analysis individually evaluated	1,500		1,500		1,843
Loans receivable, ending balance, impairment analysis collectively evaluated	228,198		228,198		224,805
Residential Real Estate [Member] | Construction and Land [Member]
Activity of allowance for loan losses by loan category [Roll Forward]
Balance, beginning of period	62	41	50	42
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision	8	10	20	9
Balance, end of period	70	51	70	51
Allocation of allowance for loan losses by loan category [Abstract]
Allowance for loan losses, ending balance, impairment analysis individually evaluated	0		0		0
Allowance for loan losses, ending balance, impairment analysis collectively evaluated	70		70		50
Loans receivable, ending balance, impairment analysis individually evaluated	0		0		0
Loans receivable, ending balance, impairment analysis collectively evaluated	5,212		5,212		3,621
Residential Real Estate [Member] | Multi-family [Member]
Activity of allowance for loan losses by loan category [Roll Forward]
Balance, beginning of period	25	45	40	59
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision	0	(1)	(15)	(15)
Balance, end of period	25	44	25	44
Allocation of allowance for loan losses by loan category [Abstract]
Allowance for loan losses, ending balance, impairment analysis individually evaluated	0		0		0
Allowance for loan losses, ending balance, impairment analysis collectively evaluated	25		25		40
Loans receivable, ending balance, impairment analysis individually evaluated	0		0		0
Loans receivable, ending balance, impairment analysis collectively evaluated	4,443		4,443		4,287
Commercial Real Estate [Member] | Real Estate [Member]
Activity of allowance for loan losses by loan category [Roll Forward]
Balance, beginning of period	3,814	3,164	3,699	2,936
Charge-offs	148	0	162	0
Recoveries	0	0	17	0
Provision	354	303	466	531
Balance, end of period	4,020	3,467	4,020	3,467
Allocation of allowance for loan losses by loan category [Abstract]
Allowance for loan losses, ending balance, impairment analysis individually evaluated	60		60		187
Allowance for loan losses, ending balance, impairment analysis collectively evaluated	3,960		3,960		3,512
Loans receivable, ending balance, impairment analysis individually evaluated	1,443		1,443		2,101
Loans receivable, ending balance, impairment analysis collectively evaluated	161,667		161,667		140,222
Commercial Real Estate [Member] | Construction [Member]
Activity of allowance for loan losses by loan category [Roll Forward]
Balance, beginning of period	162	109	233	38
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision	169	39	98	110
Balance, end of period	331	148	331	148
Allocation of allowance for loan losses by loan category [Abstract]
Allowance for loan losses, ending balance, impairment analysis individually evaluated	0		0		0
Allowance for loan losses, ending balance, impairment analysis collectively evaluated	331		331		233
Loans receivable, ending balance, impairment analysis individually evaluated	0		0		0
Loans receivable, ending balance, impairment analysis collectively evaluated	12,761		12,761		8,936
Consumer Loan [Member] | Home Equity [Member]
Activity of allowance for loan losses by loan category [Roll Forward]
Balance, beginning of period	319	376	314	361
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision	(14)	(4)	(9)	11
Balance, end of period	305	372	305	372
Allocation of allowance for loan losses by loan category [Abstract]
Allowance for loan losses, ending balance, impairment analysis individually evaluated	0		0		0
Allowance for loan losses, ending balance, impairment analysis collectively evaluated	305		305		314
Loans receivable, ending balance, impairment analysis individually evaluated	5		5		154
Loans receivable, ending balance, impairment analysis collectively evaluated	21,160		21,160		20,865
Consumer Loan [Member] | Consumer Installment [Member]
Activity of allowance for loan losses by loan category [Roll Forward]
Balance, beginning of period	240	243	223	240
Charge-offs	65	66	143	121
Recoveries	15	5	40	24
Provision	(2)	62	68	101
Balance, end of period	188	244	188	244
Allocation of allowance for loan losses by loan category [Abstract]
Allowance for loan losses, ending balance, impairment analysis individually evaluated	0		0		0
Allowance for loan losses, ending balance, impairment analysis collectively evaluated	188		188		223
Loans receivable, ending balance, impairment analysis individually evaluated	0		0		0
Loans receivable, ending balance, impairment analysis collectively evaluated	4,097		4,097		4,123
Commercial Loans [Member]
Activity of allowance for loan losses by loan category [Roll Forward]
Balance, beginning of period	1,252	831	1,129	811
Charge-offs	0	6	0	6
Recoveries	0	6	0	6
Provision	20	50	143	70
Balance, end of period	1,272	881	1,272	881
Allocation of allowance for loan losses by loan category [Abstract]
Allowance for loan losses, ending balance, impairment analysis individually evaluated	2		2		1
Allowance for loan losses, ending balance, impairment analysis collectively evaluated	1,270		1,270		1,128
Loans receivable, ending balance, impairment analysis individually evaluated	89		89		93
Loans receivable, ending balance, impairment analysis collectively evaluated	45,353		45,353		39,705
Unallocated [Member]
Activity of allowance for loan losses by loan category [Roll Forward]
Balance, beginning of period	206	264	0	201
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision	(198)	(264)	8	(201)
Balance, end of period	8	$ 0	8	$ 0
Allocation of allowance for loan losses by loan category [Abstract]
Allowance for loan losses, ending balance, impairment analysis individually evaluated	0		0		0
Allowance for loan losses, ending balance, impairment analysis collectively evaluated	8		8		0
Loans receivable, ending balance, impairment analysis individually evaluated	0		0		0
Loans receivable, ending balance, impairment analysis collectively evaluated	$ 0		$ 0		$ 0

Fair Value Measurements and F45

Fair Value Measurements and Fair Value of Financial Instruments, Fair Value, Assets Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Assets [Abstract]
Securities available-for-sale	$ 93,582	$ 86,034
Recurring [Member]
Assets [Abstract]
Securities available-for-sale	93,582	86,034
Recurring [Member] | U.S. Government Sponsored Enterprises [Member]
Assets [Abstract]
Securities available-for-sale	4,787	7,855
Recurring [Member] | State and Political Subdivisions [Member]
Assets [Abstract]
Securities available-for-sale	53,120	39,582
Recurring [Member] | Mortgage-backed Securities-Residential [Member]
Assets [Abstract]
Securities available-for-sale	7,135	7,942
Recurring [Member] | Mortgage-backed Securities-Multi-family [Member]
Assets [Abstract]
Securities available-for-sale	23,686	25,735
Recurring [Member] | Asset-backed Securities [Member]
Assets [Abstract]
Securities available-for-sale	5	9
Recurring [Member] | Corporate Debt Securities [Member]
Assets [Abstract]
Securities available-for-sale	4,703	4,774
Recurring [Member] | Equity Securities [Member]
Assets [Abstract]
Securities available-for-sale	146	137
Recurring [Member] | Level 1 [Member]
Assets [Abstract]
Securities available-for-sale	4,854	4,920
Recurring [Member] | Level 1 [Member] | U.S. Government Sponsored Enterprises [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Recurring [Member] | Level 1 [Member] | State and Political Subdivisions [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Recurring [Member] | Level 1 [Member] | Mortgage-backed Securities-Residential [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Recurring [Member] | Level 1 [Member] | Mortgage-backed Securities-Multi-family [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Recurring [Member] | Level 1 [Member] | Asset-backed Securities [Member]
Assets [Abstract]
Securities available-for-sale	5	9
Recurring [Member] | Level 1 [Member] | Corporate Debt Securities [Member]
Assets [Abstract]
Securities available-for-sale	4,703	4,774
Recurring [Member] | Level 1 [Member] | Equity Securities [Member]
Assets [Abstract]
Securities available-for-sale	146	137
Recurring [Member] | Level 2 [Member]
Assets [Abstract]
Securities available-for-sale	88,728	81,114
Recurring [Member] | Level 2 [Member] | U.S. Government Sponsored Enterprises [Member]
Assets [Abstract]
Securities available-for-sale	4,787	7,855
Recurring [Member] | Level 2 [Member] | State and Political Subdivisions [Member]
Assets [Abstract]
Securities available-for-sale	53,120	39,582
Recurring [Member] | Level 2 [Member] | Mortgage-backed Securities-Residential [Member]
Assets [Abstract]
Securities available-for-sale	7,135	7,942
Recurring [Member] | Level 2 [Member] | Mortgage-backed Securities-Multi-family [Member]
Assets [Abstract]
Securities available-for-sale	23,686	25,735
Recurring [Member] | Level 2 [Member] | Asset-backed Securities [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Recurring [Member] | Level 2 [Member] | Corporate Debt Securities [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Recurring [Member] | Level 2 [Member] | Equity Securities [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Recurring [Member] | Level 3 [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Recurring [Member] | Level 3 [Member] | U.S. Government Sponsored Enterprises [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Recurring [Member] | Level 3 [Member] | State and Political Subdivisions [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Recurring [Member] | Level 3 [Member] | Mortgage-backed Securities-Residential [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Recurring [Member] | Level 3 [Member] | Mortgage-backed Securities-Multi-family [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Recurring [Member] | Level 3 [Member] | Asset-backed Securities [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Recurring [Member] | Level 3 [Member] | Corporate Debt Securities [Member]
Assets [Abstract]
Securities available-for-sale	0	0
Recurring [Member] | Level 3 [Member] | Equity Securities [Member]
Assets [Abstract]
Securities available-for-sale	$ 0	$ 0

Fair Value Measurements and F46

Fair Value Measurements and Fair Value of Financial Instruments, Fair Value, Assets and Liabilities Measured on Nonrecurring Basis (Details) - Nonrecurring [Member] - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Impaired Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 248	$ 922
Foreclosed Real Estate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	304	490
Level 1 [Member] | Impaired Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Level 1 [Member] | Foreclosed Real Estate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Level 2 [Member] | Impaired Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Level 2 [Member] | Foreclosed Real Estate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	0	0
Level 3 [Member] | Impaired Loans [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	248	922
Level 3 [Member] | Foreclosed Real Estate [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value	$ 304	$ 490

Fair Value Measurements and F47

Fair Value Measurements and Fair Value of Financial Instruments, Fair Value Inputs, Assets, Quantitative Information (Details) - Nonrecurring [Member] - USD ($)		6 Months Ended	12 Months Ended
		Dec. 31, 2015	Jun. 30, 2015
Fair value inputs [Abstract]
Loans subject to nonrecurring fair value measurement, recorded investment		$ 402,000	$ 1,200,000
Allowance for loan losses		154,000	277,000
Impaired Loans [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value		248,000	922,000
Foreclosed Real Estate [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value		304,000	490,000
Appraisal of Collateral [Member] | Impaired Loans [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	[1]	$ 248,000	$ 922,000
Appraisal of Collateral [Member] | Impaired Loans [Member] | Minimum [Member]
Fair value inputs [Abstract]
Appraisal adjustments	[1],[2]	16.50%	0.00%
Liquidation expenses	[1],[3]	4.09%	0.00%
Appraisal of Collateral [Member] | Impaired Loans [Member] | Maximum [Member]
Fair value inputs [Abstract]
Appraisal adjustments	[1],[2]	38.85%	38.85%
Liquidation expenses	[1],[3]	8.35%	7.50%
Appraisal of Collateral [Member] | Impaired Loans [Member] | Weighted Average [Member]
Fair value inputs [Abstract]
Appraisal adjustments	[1],[2]	27.37%	22.81%
Liquidation expenses	[1],[3]	6.25%	3.91%
Appraisal of Collateral [Member] | Foreclosed Real Estate [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Fair value	[1]	$ 304,000	$ 490,000
Appraisal of Collateral [Member] | Foreclosed Real Estate [Member] | Minimum [Member]
Fair value inputs [Abstract]
Appraisal adjustments	[1],[2]	0.00%	7.41%
Liquidation expenses	[1],[3]	0.42%	0.42%
Appraisal of Collateral [Member] | Foreclosed Real Estate [Member] | Maximum [Member]
Fair value inputs [Abstract]
Appraisal adjustments	[1],[2]	54.17%	54.17%
Liquidation expenses	[1],[3]	11.64%	10.86%
Appraisal of Collateral [Member] | Foreclosed Real Estate [Member] | Weighted Average [Member]
Fair value inputs [Abstract]
Appraisal adjustments	[1],[2]	10.73%	24.65%
Liquidation expenses	[1],[3]	9.49%	6.40%
[1]	Fair value is generally determined through independent third-party appraisals of the underlying collateral, which generally includes various Level 3 inputs which are not observable.
[2]	Appraisals may be adjusted downwards by management for qualitative factors such as economic conditions. Higher downward adjustments are caused by negative changes to the collateral or conditions in the real estate market, actual offers or sales contracts received or age of the appraisal.
[3]	Appraisals may be adjusted downwards by management for qualitative factors such as the estimated costs to liquidate the collateral.

Fair Value Measurements and F48

Fair Value Measurements and Fair Value of Financial Instruments, Carrying Amount and Estimated Fair Value (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Securities available-for-sale	$ 93,582	$ 86,034
Securities held-to-maturity	182,063	171,976
Carrying Amount [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	22,088	15,538
Long term certificate of deposit	1,230	1,230
Securities available-for-sale	93,582	86,034
Securities held-to-maturity	177,554	169,000
Federal Home Loan Bank stock	2,782	2,494
Net loans	478,204	443,496
Accrued interest receivable	3,258	3,026
Deposits	669,189	622,717
Federal Home Loan Bank borrowings	48,100	41,700
Accrued interest payable	74	64
Fair Value [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	22,088	15,538
Long term certificate of deposit	1,230	1,230
Securities available-for-sale	93,582	86,034
Securities held-to-maturity	182,063	171,976
Federal Home Loan Bank stock	2,782	2,494
Net loans	485,271	450,437
Accrued interest receivable	3,258	3,026
Deposits	669,381	622,900
Federal Home Loan Bank borrowings	47,904	41,598
Accrued interest payable	74	64
Fair Value [Member] | Level 1 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	22,088	15,538
Long term certificate of deposit	1,230	1,230
Securities available-for-sale	4,854	4,920
Securities held-to-maturity	0	0
Federal Home Loan Bank stock	0	0
Net loans	0	0
Accrued interest receivable	0	0
Deposits	0	0
Federal Home Loan Bank borrowings	0	0
Accrued interest payable	0	0
Fair Value [Member] | Level 2 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	0	0
Long term certificate of deposit	0	0
Securities available-for-sale	88,728	81,114
Securities held-to-maturity	182,063	171,976
Federal Home Loan Bank stock	2,782	2,494
Net loans	0	0
Accrued interest receivable	3,258	3,026
Deposits	669,381	622,900
Federal Home Loan Bank borrowings	47,904	41,598
Accrued interest payable	74	64
Fair Value [Member] | Level 3 [Member]
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash and cash equivalents	0	0
Long term certificate of deposit	0	0
Securities available-for-sale	0	0
Securities held-to-maturity	0	0
Federal Home Loan Bank stock	0	0
Net loans	485,271	450,437
Accrued interest receivable	0	0
Deposits	0	0
Federal Home Loan Bank borrowings	0	0
Accrued interest payable	$ 0	$ 0

Earnings Per Share (Details)

Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Earnings Per Share [Abstract]
Net income	$ 2,320	$ 1,811	$ 4,470	$ 3,586
Weighted average number of shares outstanding, basic (in shares)	4,225,924	4,217,118	4,224,540	4,215,738
Weighted average number of shares outstanding, effect of dilutive stock options (in shares)	25,559	31,057	25,916	31,055
Weighted average number of shares outstanding, diluted (in shares)	4,251,483	4,248,175	4,250,456	4,246,793
Earnings per share, basic (in dollars per share)	$ 0.55	$ 0.43	$ 1.06	$ 0.85
Earnings per share, effect of dilutive stock options (in dollars per share)	0	0	(0.01)	(0.01)
Earnings per share, diluted (in dollars per share)	$ 0.55	$ 0.43	$ 1.05	$ 0.84
Antidilutive securities or contracts outstanding (in shares)	0	0	0	0

Dividends (Details)

Dividends (Details) - $ / shares	3 Months Ended			6 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Dividends Payable [Line Items]
Cash dividends declared on common stock (in dollars per share)	$ 0.185		$ 0.180	$ 0.37	$ 0.36
2016 Q1 Dividend [Member]
Dividends Payable [Line Items]
Dividends payable, date declared				Oct. 20, 2015
Cash dividends declared on common stock (in dollars per share)		$ 0.185
Dividends payable, date of record				Nov. 13, 2015
Dividends payable, date to be paid				Nov. 30, 2015
2015 Annual Dividend [Member]
Dividends Payable [Line Items]
Cash dividends declared on common stock (in dollars per share)				$ 0.74
2016 Annual Dividend [Member]
Dividends Payable [Line Items]
Cash dividends declared on common stock (in dollars per share)				$ 0.74

Employee Benefit Plans (Details

Employee Benefit Plans (Details)	3 Months Ended		6 Months Ended
	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Dec. 31, 2015USD ($)Installment	Dec. 31, 2014USD ($)	Jun. 30, 2015USD ($)
Defined Benefit Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Interest cost	$ 58,000	$ 55,000	$ 116,000	$ 110,000
Expected return on plan assets	(77,000)	(81,000)	(154,000)	(162,000)
Amortization of net loss	34,000	26,000	68,000	52,000
Net periodic pension cost	15,000	0	30,000	0
Supplemental Executive Retirement Plan [Member]
Defined Benefit Plan Disclosure [Line Items]
Net periodic pension cost	62,000	$ 51,000	$ 120,000	$ 99,000
Vesting period			10 years
Period in which lump sum benefit will be paid in the event of death, disability or termination			2 years
Number of annual installments, in which benefit will be paid | Installment			10
Postemployment benefits liability	$ 1,700,000		$ 1,700,000		$ 1,400,000
Supplemental Executive Retirement Plan [Member] | Deferred Base Salary [Member]
Defined Benefit Plan Disclosure [Line Items]
Maximum annual deferral per employee			50.00%
Supplemental Executive Retirement Plan [Member] | Deferred Annual Bonus [Member]
Defined Benefit Plan Disclosure [Line Items]
Maximum annual deferral per employee			100.00%

Stock-Based Compensation (Detai

Stock-Based Compensation (Details)	6 Months Ended
	Dec. 31, 2015Plan$ / sharesshares	Dec. 31, 2014$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock-based compensation plans | Plan	2
Stock Option [Member]
Stock option activity, shares [Roll Forward]
Outstanding at beginning of year (in shares) | shares	47,835	59,435
Exercised (in shares) | shares	(6,600)	(5,100)
Outstanding at period end (in shares) | shares	41,235	54,335
Exercisable at period end (in shares) | shares	41,235	54,335
Stock option activity, weighted average exercise price per share [Abstract]
Outstanding at beginning of year (in dollars per share) | $ / shares	$ 12.50	$ 12.50
Exercised (in dollars per share) | $ / shares	12.50	12.50
Outstanding at period end (in dollars per share) | $ / shares	12.50	12.50
Exercisable at period end (in dollars per share) | $ / shares	$ 12.50	$ 12.50

Stock-Based Compensation, Stock

Stock-Based Compensation, Stock Options Outstanding and Exercisable (Details) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Total intrinsic value of options exercised	$ 82,000	$ 33,000	$ 115,000	$ 77,000
Options granted (in shares)			0	0
$12.50 [Member]
Share-based Compensation, Shares Authorized under Stock Option Plans, Exercise Price Range [Line Items]
Range of exercise prices, lower range limit (in dollars per share)			$ 12.50
Range of exercise prices, upper range limit (in dollars per share)			$ 12.50
Number outstanding (in shares)	41,235		41,235
Options outstanding, weighted average remaining contractual life			2 years 9 months
Options outstanding, weighted average exercise price (in dollars per share)	$ 12.50		$ 12.50
Options exercisable, weighted average remaining contractual life			2 years 9 months
Options exercisable, weighted average exercise price (in dollars per share)	$ 12.50		$ 12.50

Stock-Based Compensation, Phant

Stock-Based Compensation, Phantom Stock Option Plan and Long-term Incentive Plan (Details) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Jun. 30, 2015	Jun. 30, 2014
Stock option activity, shares [Roll Forward]
Options granted (in shares)			0	0
Phantom Stock Option [Member]
Stock option activity, shares [Roll Forward]
Outstanding at beginning of year (in shares)			628,754	665,426
Options granted (in shares)			246,880	241,090
Options paid in cash upon vesting (in shares)			(198,357)	(227,484)
Outstanding at period end (in shares)	677,277	679,032	677,277	679,032
2011 Phantom Stock Option and Long-term Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized under the plan (in shares)	1,800,000		1,800,000			900,000
Stock option activity, shares [Roll Forward]
Cash paid on options vested	$ 0	$ 0	$ 710,500	$ 757,700
Allocated share-based compensation expense	240,000	$ 210,000	420,000	$ 380,000
Total liability for long-term incentive plan	$ 850,000		$ 850,000		$ 1,100,000
2011 Phantom Stock Option and Long-term Incentive Plan [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Strike price of phantom stock options as percent of book value	100.00%		100.00%

Accumulated Other Comprehensi55

Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Accumulated Other Comprehensive Loss [Abstract]
Unrealized gain on available-for-sale securities, net of tax	$ 683	$ 704
Unrealized loss on securities transferred to held-to-maturity, net of tax	(4)	(11)
Net losses and past service liability for defined benefit plan, net of tax	(1,491)	(1,491)
Accumulated other comprehensive loss	$ (812)	$ (798)

Subsequent events (Details)

Subsequent events (Details) - $ / shares	Jan. 19, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Subsequent Event [Line Items]
Cash dividends declared on common stock (in dollars per share)		$ 0.185	$ 0.180	$ 0.37	$ 0.36
2016 Annual Dividend [Member]
Subsequent Event [Line Items]
Cash dividends declared on common stock (in dollars per share)				$ 0.74
Dividend Declared in Q2 2016 [Member]
Subsequent Event [Line Items]
Dividends payable, date declared				Jan. 19, 2016
Dividends payable, date of record				Feb. 12, 2016
Dividends payable, date to be paid				Mar. 1, 2016
Subsequent Event [Member] | 2016 Annual Dividend [Member]
Subsequent Event [Line Items]
Cash dividends declared on common stock (in dollars per share)	$ 0.74
Subsequent Event [Member] | Dividend Declared in Q2 2016 [Member]
Subsequent Event [Line Items]
Cash dividends declared on common stock (in dollars per share)	$ 0.185