Oconee Federal Financial (OFED) 10-Q14 Nov 132014 Q1 Quarterly reportFinancial data

Company Profile

Document_and_Entity_Informatio

Document and Entity Information	3 Months Ended
Document and Entity Information	Sep. 30, 2013	Nov. 01, 2013
Document and Entity Information	'	'
Entity Registrant Name	'Oconee Federal Financial Corp.	'
Entity Central Index Key	'0001501078	'
Document Type	'10-Q	'
Document Period End Date	30-Sep-13	'
Amendment Flag	'false	'
Current Fiscal Year End Date	'--06-30	'
Entity Current Reporting Status	'Yes	'
Entity Filer Category	'Smaller Reporting Company	'
Entity Common Stock, Shares Outstanding	'	5,833,395
Document Fiscal Year Focus	'2014	'
Document Fiscal Period Focus	'Q1	'

CONSOLIDATED_BALANCE_SHEETS

CONSOLIDATED BALANCE SHEETS (USD $)	Sep. 30, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified	Sep. 30, 2013	Jun. 30, 2013
ASSETS	'	'
Cash and due from banks	$1,594	$1,362
Interest-bearing deposits	27,896	36,580
Total cash and cash equivalents	29,490	37,942
Securities held-to-maturity (fair value: September 30, 2013 - $8,890 and June 30, 2013 - $8,223)	8,726	8,039
Securities available-for-sale	90,891	87,985
Loans, net of allowance for loan losses of $832 and $751	221,858	221,163
Premises and equipment, net	3,015	3,047
Real estate owned, net	857	1,047
Accrued interest receivable	'	'
Loans	808	863
Investments	401	269
Restricted equity securities	449	449
Bank owned life insurance	8,526	8,450
Other assets	867	841
Total assets	365,888	370,095
Deposits	'	'
Non-interest bearing	4,791	4,861
Interest bearing	283,986	287,561
Total deposits	288,777	292,422
Accrued interest payable and other liabilities	1,920	1,511
Total liabilities	290,697	293,933
SHAREHOLDERS' EQUITY	'	'
Common stock, $0.01 par value, 100,000,000 shares authorized; 5,833,395 and 5,923,295 shares outstanding at September 30 2013 and June 30, 2013	64	64
Treasury stock, at par 601,699 and 511,799 shares at September 30 2013 and June 30, 2013	-6	-5
Additional paid in capital	12,068	13,413
Retained earnings	65,650	65,315
Accumulated other comprehensive loss	-565	-559
Unearned ESOP shares	-2,020	-2,066
Total shareholders' equity	75,191	76,162
Total liabilities and shareholders' equity	$365,888	$370,095

CONSOLIDATED_BALANCE_SHEETS_Pa

CONSOLIDATED BALANCE SHEETS (Parenthetical) (USD $)	Sep. 30, 2013	Jun. 30, 2013
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2013	Jun. 30, 2013
CONSOLIDATED BALANCE SHEETS	'	'
Securities held-to-maturity, fair value (in dollars)	$8,890	$8,223
Loans, allowance for loan losses (in dollars)	$832	$751
Common stock, par value (in dollars per share)	$0.01	$0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares outstanding	5,833,395	5,923,295
Treasury stock, shares	601,699	511,799

CONSOLIDATED_STATEMENTS_OF_INC

CONSOLIDATED STATEMENTS OF INCOME AND COMPREHENSIVE INCOME (USD $)	3 Months Ended
In Thousands, except Per Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Interest and dividend income:	'	'
Loans, including fees	$2,852	$3,370
Securities, taxable	371	266
Federal funds sold and other	15	18
Total interest income	3,238	3,654
Interest expense:	'	'
Deposits	429	625
Total interest expense	429	625
Net interest income	2,809	3,029
Provision for loan losses	81	141
Net interest income after provision for loan losses	2,728	2,888
Noninterest income:	'	'
Service charges on deposit accounts	18	20
Gain (loss) on sales of real estate owned	-14	57
Other	76	9
Total noninterest income	80	86
Noninterest expense:	'	'
Salaries and employee benefits	861	790
Occupancy and equipment	155	177
Data processing	63	59
Professional and supervisory fees	112	79
Office expense	15	23
Advertising	21	19
FDIC deposit insurance	40	27
Provision for real estate owned and related expenses	32	37
Other	77	76
Total noninterest expense	1,376	1,287
Income before income taxes	1,432	1,687
Income tax expense	513	670
Net income	919	1,017
Other comprehensive income (loss)	'	'
Unrealized (loss) gain on securities available-for-sale	-9	618
Tax effect	3	-235
Total other comprehensive income (loss)	-6	383
Comprehensive income	$913	$1,400
Net income per share	'	'
Basic net income per share: (Note 2) (in dollars per share)	$0.16	$0.16
Diluted net income per share: (Note 2) (in dollars per share)	$0.16	$0.16
Dividends declared per share: (in dollars per share)	$0.10	$0.10

CONSOLIDATED_STATEMENTS_OF_CHA

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (USD $)		Total	Common Stock	Treasury Stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Unearned ESOP Shares
In Thousands, unless otherwise specified		Total	Common Stock	Treasury Stock	Additional Paid-In Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss)	Unearned ESOP Shares
Balance at Jun. 30, 2012		$82,984	$64	'	$20,880	$63,693	$599	($2,252)
Increase (Decrease) in Shareholders' Equity		'	'	'	'	'	'	'
Net income		1,017	'	'	'	1,017	'	'
Other comprehensive income (loss)		383	'	'	'	'	383	'
Stock-based compensation expense		58	'	'	58	'	'	'
Dividends		-643	'	'	'	-643	'	'
ESOP shares earned		48	'	'	9	'	'	39
Balance at Sep. 30, 2012		83,847	64	'	20,947	64,067	982	-2,213
Balance at Jun. 30, 2013		76,162	64	-5	13,413	65,315	-559	-2,066
Increase (Decrease) in Shareholders' Equity		'	'	'	'	'	'	'
Net income		919	'	'	'	919	'	'
Other comprehensive income (loss)		-6	'	'	'	'	-6	'
Purchase of 89,900 shares of treasury stock	[1]	-1,424	'	-1	-1,423	'	'	'
Stock-based compensation expense		57	'	'	57	'	'	'
Dividends	[2]	-584	'	'	'	-584	'	'
ESOP shares earned		67	'	'	21	'	'	46
Balance at Sep. 30, 2013		$75,191	$64	($6)	$12,068	$65,650	($565)	($2,020)

[1]	The weighted average cost of treasury shares purchased during the three months ended was $15.85 per share. Treasury stock repurchases were accounted for using the par value method.
[2]	Cash dividends declared on July 25, 2013 were paid on August 15, 2013

CONSOLIDATED_STATEMENTS_OF_CHA1

CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY (Parenthetical) (USD $)	3 Months Ended
	Sep. 30, 2013
CONSOLIDATED STATEMENTS OF CHANGES IN SHAREHOLDERS' EQUITY	'
Purchase of treasury stock (in shares)	89,900
Share price (in dollars per share)	$15.85

CONSOLIDATED_STATEMENTS_OF_CAS

CONSOLIDATED STATEMENTS OF CASH FLOWS (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Cash Flows From Operating Activities	'	'
Net income	$919	$1,017
Adjustments to reconcile net income to net cash provided by operating activities:	'	'
Provision for loan losses	81	141
Depreciation and amortization, net	252	276
Deferred loan fees, net	6	70
(Gain) loss on sale of real estate owned	14	-57
Increase in cash surrender value of bank owned life insurance	-76	'
ESOP compensation expense	67	48
Stock based compensation expense	57	58
Net change in operating assets and liabilities:	'	'
Accrued interest receivable	-77	-83
Accrued interest payable	-1	5
Other	387	689
Net cash provided by operating activities	1,629	2,164
Cash Flows From Investing Activities	'	'
Purchases of premises and equipment	-19	-31
Purchases of securities held-to-maturity	-1,494	-498
Purchases of securities available-for-sale	-5,324	-8,347
Proceeds from maturities, paydowns and calls of securities available-for-sale	2,218	2,746
Proceeds from maturities, paydowns and calls of securities held-to-maturity	797	830
Proceeds from sale of real estate owned	176	674
Loan originations and repayments, net	-782	5,287
Net cash provided by (used in) investing activities	-4,428	661
Cash Flows from Financing Activities	'	'
Net change in deposits	-3,638	144
Dividends paid	-584	-643
Purchase of treasury stock	-1,431	'
Net cash used in financing activities	-5,653	-499
Change in cash and cash equivalents	-8,452	2,326
Cash and cash equivalents, beginning of year	37,942	47,612
Cash and cash equivalents, end of period	$29,490	$49,938

BASIS_OF_PRESENTATION

BASIS OF PRESENTATION	3 Months Ended
BASIS OF PRESENTATION	Sep. 30, 2013
BASIS OF PRESENTATION	'
BASIS OF PRESENTATION	'
	(1) BASIS OF PRESENTATION

	The accompanying unaudited consolidated financial statements of Oconee Federal Financial Corp., which include the accounts of its wholly owned subsidiary Oconee Federal Savings and Loan Association (the “Association”) (referred to herein as “the Company,” “we,” “us,” or “our”) have been prepared in accordance with U.S. generally accepted accounting principles (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Rule 10-01 of Regulation S-X. Accordingly, certain information and footnote disclosures normally included in financial statements prepared in accordance with GAAP have been condensed or omitted pursuant to such rules and regulations. Intercompany accounts and transactions are eliminated during consolidation. The Company is majority owned (70.76%) by Oconee Federal, MHC. These financial statements do not include the transactions and balances of Oconee Federal, MHC.

	In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments (consisting only of normal recurring accruals) necessary to present fairly the Company’s financial position as of September 30, 2013 and June 30, 2013 and the results of operations and cash flows for the interim periods ended September 30, 2013 and 2012. All interim amounts have not been audited, and the results of operations for the interim periods herein are not necessarily indicative of the results of operations to be expected for the year. These consolidated financial statements should be read in conjunction with the Company’s audited consolidated financial statements and notes thereto included in the Form 10-K Annual Report of Oconee Federal Financial Corp. for the year ended June 30, 2013.

EARNINGS_PER_SHARE_EPS

EARNINGS PER SHARE ("EPS")	3 Months Ended
	Sep. 30, 2013
EARNINGS PER SHARE ("EPS")	'
EARNINGS PER SHARE ("EPS")	'
	(2) EARNINGS PER SHARE (“EPS”)

	Basic EPS is determined by dividing net earnings available to common shareholders by the weighted average number of common shares outstanding for the period. ESOP shares are considered outstanding for this calculation unless unearned. The factors used in the earnings per common share computation follow:

		Three Months Ended
		September 30,			September 30,
		2013			2012
	Earnings per share
	Net income	$	919		$	1,017
	Less: distributed earnings allocated to participating securities	(7		)	(8		)
	Less: (undistributed income) dividends in excess of earnings allocated to participating securities	(4		)	(5		)
	Net earnings available to common shareholders	$	908		$	1,004

	Weighted average common shares outstanding including participating securities	5,850,522			6,423,645
	Less: participating securities	(71,095		)	(87,092		)
	Less: average unearned ESOP shares	(204,302		)	(222,912		)
	Weighted average common shares outstanding	5,575,125			6,113,641

	Basic earnings per share	$	0.16		$	0.16

	Weighted average common shares outstanding	5,575,125			6,113,641
	Add: dilutive effects of assumed exercises of stock options	47,856			7,522
	Average shares and dilutive potential common shares	5,622,981			6,121,163

	Diluted earnings per share	$	0.16		$	0.16

	During the three months ended September 30, 2013 and 2012, there were no potential anti-dilutive common shares.

SECURITIES_AVAILABLEFORSALE_AN

SECURITIES AVAILABLE-FOR-SALE AND HELD-TO-MATURITY	3 Months Ended
SECURITIES AVAILABLE-FOR-SALE AND HELD-TO-MATURITY	Sep. 30, 2013
SECURITIES AVAILABLE-FOR-SALE AND HELD-TO-MATURITY	'
SECURITIES AVAILABLE-FOR-SALE AND HELD-TO-MATURITY	'
	(3) SECURITIES AVAILABLE-FOR-SALE AND HELD-TO-MATURITY

	Debt, mortgage-backed and equity securities have been classified in the consolidated balance sheets according to management’s intent. Investment securities at September 30, 2013 and June 30, 2013 are as follows:

						Gross			Gross
			Amortized			Unrealized			Unrealized			Fair
			Cost			Gains			Losses			Value
	September 30, 2013
	Held-to-maturity:
	Certificates of deposit		$	5,229		$	16		$	(22	)	$	5,223
	GNMA mortgage-backed securities		3,497			170			—			3,667
	Total held-to-maturity		$	8,726		$	186		$	(22	)	$	8,890

	Available-for-sale:
	FHLMC common stock		$	20		$	82		$	—		$	102
	Preferred stock (1)		271			26			—			297
	FNMA CMO/REMIC		3,303			—			(101		)	3,202
	FHLMC CMO/REMIC		1,892			—			(62		)	1,830
	GNMA CMO/REMIC		6,602			—			(316		)	6,286
	FNMA mortgage-backed securities		18,625			197			(163		)	18,659
	FHLMC mortgage-backed securities		18,189			120			(241		)	18,068
	GNMA mortgage-backed securities		3,559			—			(98		)	3,461
	U.S. Government agencies		39,341			338			(693		)	38,986
	Total available-for-sale		$	91,802		$	763		$	(1,674	)	$	90,891

	June 30, 2013
	Held-to-maturity:
	Certificates of deposit		$	3,985		$	18		$	(13	)	$	3,990
	GNMA mortgage-backed securities		4,054			179			—			4,233
	Total held-to-maturity		$	8,039		$	197		$	(13	)	$	8,223

	Available-for-sale:
	FHLMC common stock		$	20		$	90		$	—		$	110
	Preferred stock (1)		271			26			—			297
	FNMA CMO/REMIC		3,389			—			(108		)	3,281
	FHLMC CMO/REMIC		1,941			—			(74		)	1,867
	GNMA CMO/REMIC		6,879			5			(173		)	6,711
	FNMA mortgage-backed securities		17,562			112			(160		)	17,514
	FHLMC mortgage-backed securities		17,819			67			(246		)	17,640
	GNMA mortgage-backed securities		2,619			—			(105		)	2,514
	U.S. Government agencies		38,387			294			(630		)	38,051
	Total available-for-sale		$	88,887		$	594		$	(1,496	)	$	87,985

	(1) Consists of 300 shares of Southern First Bancshares, Inc. cumulative perpetual preferred stock, series T.

	The following table shows securities with unrealized losses at September 30, 2013, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position:

			Less than 12 Months						12 Months or More						Total
			Fair Value			Unrealized			Fair Value			Unrealized			Fair Value		Unrealized
			Fair Value			Loss			Fair Value			Loss			Fair Value		Loss
	September 30, 2013
	Available for Sale:
	FNMA CMO/REMIC		$	3,202		$	(101	)	$	—		$	—		$	3,202	$	(101	)
	FHLMC CMO/REMIC		—			—			1,830			(62		)	1,830		(62		)
	GNMA CMO/REMIC		6,286			(316		)	—			—			6,286		(316		)
	FNMA mortgage-backed securities		18,659			(163		)	—			—			18,659		(163		)
	FHLMC mortgage-backed securities		18,068			(241		)	—			—			18,068		(241		)
	GNMA mortgage-backed securities		3,461			(98		)	—			—			3,461		(98		)
	U.S. Government agencies		38,986			(693		)	—			—			38,986		(693		)
			$	88,662		$	(1,612	)	$	1,830		$	(62	)	$	90,492	$	(1,674	)

	At September 30, 2013, there were twelve U.S. Government agency securities, five GNMA CMO/REMIC securities, two FNMA CMO/REMIC securities, two FHLMC CMO/REMIC securities, five FHLMC mortgage-backed securities, five FNMA mortgage-backed securities, three GNMA mortgage-backed securities, and ten certificates of deposit securities with unrealized losses at September 30, 2013. None of the unrealized losses for these securities have been recognized into net income for the three months ended September 30, 2013 because the issuer’s bonds are of high credit quality, management does not intend to sell and it is likely that management will not be required to sell the securities prior to their anticipated recovery, and the decline in fair value is largely due to changes in interest rates. The fair value of these securities is expected to recover as they approach their maturity date or reset date. None of the unrealized losses at June 30, 2013 was recognized as OTTI during the three months ended September 30, 2013.

At September 30, 2013, none of the securities classified as held-to-maturity with unrealized losses were in an unrealized loss position for 12 continuous months or more. There were no securities at June 30, 2013 with unrealized losses that had been in an unrealized loss position for 12 continuous months or more.

The Company evaluates securities for OTTI at least on a quarterly basis, and more frequently when economic or market concerns warrant such evaluation. The Company considers the length of time and the extent to which the fair value has been less than cost and the financial condition and near-term prospects of the issuer. Additionally, the Company considers its intent to sell or whether it will be more likely than not it will be required to sell the security prior to the security’s anticipated recovery in fair value. In analyzing an issuer’s financial condition, the Company may consider whether the securities are issued by the federal Government agencies, whether downgrades by bond rating agencies have occurred, and the results of reviews of the issuer’s financial condition.

The amortized cost and fair value of debt securities classified available-for-sale and held-to-maturity at September 30, 2013 by contractual maturity are summarized as follows:

		September 30,						June 30,
		2013						2013
		Amortized			Estimated			Amortized			Estimated
		Cost			Fair Value			Cost			Fair Value
Less than one year		$	1,245		$	1,247		$	996		$	997
Due from one to five years		28,880			29,159			26,178			26,437
Due from five to ten years		10,445			10,045			11,198			10,800
Due after ten years		4,000			3,758			4,000			3,807
Mortgage backed securities		55,667			55,173			54,263			53,760
Total		$	100,237		$	99,382		$	96,635		$	95,801

There were no sales of securities during the three months ended September 30, 2013 and 2012.

LOANS

LOANS	3 Months Ended
LOANS	Sep. 30, 2013
LOANS	'
LOANS	'
	(4) LOANS

	The components of loans at September 30, 2013 and June 30, 2013 were as follows:

			September 30,			June 30,
			2013			2013
	Real estate loans:
	One- to four-family		$	205,271		$	204,397
	Multi-family		256			258
	Home equity		268			292
	Nonresidential		8,365			8,521
	Construction and land		8,818			8,735
	Total real estate loans		222,978			222,203
	Consumer and other loans		932			925
	Total loans		223,910			223,128
	Net deferred loan fees		(1,220		)	(1,214		)
	Allowance for loan losses		(832		)	(751		)
	Loans, net		$	221,858		$	221,163

	The following tables present the activity in the allowance for loan losses for the three months ended September 30, 2013 and 2012 and the balances in the allowance for loan losses and the recorded investment in loans by portfolio segment based on impairment method at September 30, 2013 and 2012:

			Real estate
	Three Months Ended September 30, 2013		One-to-four			Multi-family			Home			Nonresidential			Construction			Consumer			Total
	Three Months Ended September 30, 2013		family			Multi-family			Equity			Nonresidential			and land			Consumer			Total
	Beginning balance		$	665		$	4		$	1		$	52		$	27		$	2		$	751
	Provision		82			—			—			(2		)	1			—			81
	Charge-offs		—			—			—			—			—			—			—
	Recoveries		—			—			—			—			—			—			—
	Ending balance		$	747		$	4		$	1		$	50		$	28		$	2		$	832

	Allowance for loan losses:
	Ending allowance attributed to loans:
	Individually evaluated for impairment		$	110		$	—		$	—		$	—		$	—		$	—		$	110
	Collectively evaluated for impairment		637			4			1			50			28			2			722
	Total ending allowance balance		$	747		$	4		$	1		$	50		$	28		$	2		$	832

	Loans:
	Loans individually evaluated for impairment		$	3,203		$	—		$	—		$	—		$	—		$	—		$	3,203
	Loans collectively evaluated for impairment		202,068			256			268			8,365			8,818			932			220,707
	Total ending loans balance		$	205,271		$	256		$	268		$	8,365		$	8,818		$	932		$	223,910

			Real estate
	Three Months Ended September 30, 2012		One-to-four			Multi-family			Home			Nonresidential			Construction			Consumer			Total
	Three Months Ended September 30, 2012		family			Multi-family			Equity			Nonresidential			and land			Consumer			Total
	Beginning balance		$	773		$	4		$	1		$	56		$	21		$	2		$	857
	Provision		139			—			—			—			1			1			141
	Charge-offs		(68		)	—			—			—			—			—			(68		)
	Recoveries		—			—			—			—			—			—			—
	Ending balance		$	844		$	4		$	1		$	56		$	22		$	3		$	930

	Allowance for loan losses:
	Ending allowance attributed to loans:
	Individually evaluated for impairment		$	192		$	—		$	—		$	—		$	—		$	—		$	192
	Collectively evaluated for impairment		652			4			1			56			22			3			738
	Total ending allowance balance		$	844		$	4		$	1		$	56		$	22		$	3		$	930

	Loans:
	Loans individually evaluated for impairment		$	2,756		$	—		$	—		$	—		$	—		$	—		$	2,756
	Loans collectively evaluated for impairment		225,437			262			383			9,110			7,345			851			243,388
	Total ending loans balance		$	228,193		$	262		$	383		$	9,110		$	7,345		$	851		$	246,144

	The following table presents the balances in the allowance for loan losses and the recorded investment in loans by portfolio segment based on impairment method at June 30, 2013:

		Real estate
June 30, 2013		One-to-four			Multi-family			Home			Nonresidential			Construction			Consumer			Total
June 30, 2013		family			Multi-family			Equity			Nonresidential			and land			Consumer			Total
Allowance for loan losses:
Ending allowance attributed to loans:
Individually evaluated for impairment		$	27		$	—		$	—		$	—		$	—		$	—		$	27
Collectively evaluated for impairment		638			4			1			52			27			2			724
Total ending allowance balance		$	665		$	4		$	1		$	52		$	27		$	2		$	751

Loans:
Loans individually evaluated for impairment		$	1,986		$	—		$	—		$	—		$	—		$	—		$	1,986
Loans collectively evaluated for impairment		202,411			258			292			8,521			8,735			925			221,142
Total ending loans balance		$	204,397		$	258		$	292		$	8,521		$	8,735		$	925		$	223,128

The following table presents loans individually evaluated for impairment by portfolio segment at September 30, 2013 and June 30, 2013, including the average recorded investment balance and interest earned for the three months ended September 30, 2013 and year ended June 30, 2013:

		September 30, 2013															June 30, 2013
		Unpaid			Recorded			Related			Average			Interest			Unpaid			Recorded			Related		Average		Interest
		Principal			Investment			Allowance			Recorded			Income			Principal			Investment			Allowance		Recorded		Income
		Balance									Investment			Recognized			Balance								Investment		Recognized
With no recorded allowance:
Real estate loans:
One- to four-family		$	929		$	929		$	—		$	1,332		$	9		$	1,734		$	1,734		$	—	$	1,202	$	27
Multi-family		—			—			—			—			—			—			—			—		—		—
Home equity		—			—			—			—			—			—			—			—		—		—
Nonresidential		—			—			—			—			—			—			—			—		—		—
Construction and land		—			—			—			—			—			—			—			—		—		—
Total real estate loans		929			929			—			1,332			9			1,734			1,734			—		1,202		27
Consumer and other loans		—			—			—			—			—			—			—			—		—		—
Total		$	929		$	929		$	—		$	1,332		$	9		$	1,734		$	1,734		$	—	$	1,202	$	27

With recorded allowance:
Real estate loans:
One- to four-family		$	2,274		$	2,274		$	110		$	1,263		$	7		$	252		$	252		$	27	$	1,033	$	6
Multi-family		—			—			—			—			—			—			—			—		—		—
Home equity		—			—			—			—			—			—			—			—		—		—
Nonresidential		—			—			—			—			—			—			—			—		—		—
Construction and land		—			—			—			—			—			—			—			—		—		—
Total real estate loans		2,274			2,274			110			1,263			7			252			252			27		1,033		6
Consumer and other loans		—			—			—			—			—			—			—			—		—		—
Total		$	2,274		$	2,274		$	110		$	1,263		$	7		$	252		$	252		$	27	$	1,033	$	6

Totals:
Real estate loans		$	3,203		$	3,203		$	110		$	2,595		$	16		$	1,986		$	1,986		$	27	$	2,235	$	33
Consumer and other loans		—			—			—			—			—			—			—			—		—		—
Total		$	3,203		$	3,203		$	110		$	2,595		$	16		$	1,986		$	1,986		$	27	$	2,235	$	33

The following table presents the aging of the recorded investment in past due loans at September 30, 2013 and June 30, 2013 by portfolio segment of loans:

																				Accruing
		30-59			60-89			90 Days												Loans
		Days			Days			or More			Total						Total			Past Due 90
September 30, 2013		Past Due			Past Due			Past Due			Past Due			Current			Loans			Days or More
Real estate loans:
One- to four-family		$	3,753		$	1,163		$	2,806		$	7,722		$	197,549		$	205,271		$	—
Multi-family		—			—			—			—			256			256			—
Home equity		—			—			—			—			268			268			—
Nonresidential		21			—			—			21			8,344			8,365			—
Construction and land		—			—			—			—			8,818			8,818			—
Total real estate loans		3,774			1,163			2,806			7,743			215,235			222,978			—
Consumer and other loans		—			—			—			—			932			932			—
Total		$	3,774		$	1,163		$	2,806		$	7,743		$	216,167		$	223,910		$	—

																				Accruing
		30-59			60-89			90 Days												Loans
		Days			Days			or More			Total						Total			Past Due 90
June 30, 2013		Past Due			Past Due			Past Due			Past Due			Current			Loans			Days or More
Real estate loans:
One- to four-family		$	5,932		$	2,397		$	1,726		$	10,055		$	194,342		$	204,397		$	493
Multi-family		—			—			—			—			258			258			—
Home equity		30			—			—			30			262			292			—
Nonresidential		—			—			—			—			8,521			8,521			—
Construction and land		—			—			—			—			8,735			8,735			—
Total real estate loans		5,962			2,397			1,726			10,085			212,118			222,203			493
Consumer and other loans		1			—			—			1			924			925			—
Total		$	5,963		$	2,397		$	1,726		$	10,086		$	213,042		$	223,128		$	493

At September 30, 2013, nonaccrual loans were $3,203, of which $2,806 were past due 90 days or more. There were $223 of nonaccrual loans that were classified in the “60-89 days past due” category and $174 of nonaccrual loans that were classified in the “30-59 days past due” category. Nonaccrual loans at June 30, 2013 were $1,493. All of these loans were past due 90 days or more except one loan of $73 classified in the “30-59 days past due” category. There were no troubled debt restructures at September 30, 2013 or June 30, 2013.

All loans graded pass, special mention, substandard and doubtful not specifically evaluated for impairment are collectively evaluated for impairment by portfolio segment. To develop and document a systematic methodology for determining the portion of the allowance for loan losses for loans evaluated collectively, the Company has divided the loan portfolio into six portfolio segments, each with different risk characteristics and methodologies for assessing risk and utilizes a loan grading system whereby all loans within each portfolio segment are assigned a grade based on the risk profile of each loan. Loan grades are determined based on an evaluation of relevant information about the ability of borrowers to service their debt such as current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. All loans, regardless of size, are analyzed and assigned a grade based upon management’s assessment of the ability of borrowers to service their debts. The following describes each of the Company’s loan grades and general information as to the risk profile of each of the Company’s loan portfolio segments:

Loan Grades:

Pass: Loans not meeting any of the criteria listed below for special mention, substandard, or doubtful are graded “Pass.”

Special Mention: Loans classified as special mention have a potential weakness that deserves management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of repayment prospects for the loan or of the institution’s credit position at some future date.

Substandard: Loans classified as substandard are inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Loans so classified have a well-defined weakness or weaknesses that jeopardize the liquidation of the debt. They are characterized by the distinct possibility that the institution will sustain some loss if the deficiencies are not corrected.

Doubtful: Loans classified as doubtful have all the weaknesses inherent in those classified as substandard, with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable.

Portfolio Segments:

One-to-four family: One-to-four family residential loans consist primarily of loans secured by first or second deeds of trust on primary residences, and are originated as adjustable-rate or fixed-rate loans for the construction, purchase or refinancing of a one-to-four family residence. These loans are collateralized by owner-occupied properties located in the Company’s market area. We currently originate residential mortgage loans for our portfolio with loan-to-value ratios of up to 80% for traditional owner-occupied homes.

Multi-family: Multi-family real estate loans generally have a maximum term of 5 years with a 30 year amortization period and a final balloon payment and are secured by properties containing five or more units in the Company’s market area. These loans are generally made in amounts of up to 75% of the lesser of the appraised value or the purchase price of the property with an appropriate projected debt service coverage ratio. The Company’s underwriting analysis includes considering the borrower’s expertise and requires verification of the borrower’s credit history, income and financial statements, banking relationships, independent appraisals, references and income projections for the property. The Company generally obtains personal guarantees on these loans.

Multi-family real estate loans generally present a higher level of risk than loans secured by one-to-four family residences. This greater risk is due to several factors, including the concentration of principal in a limited number of loans and borrowers, the effects of general economic conditions on income-producing properties and the increased difficulty of evaluating and monitoring these types of loans. Furthermore, the repayment of loans secured by multi-family residential real estate is typically dependent upon the successful operation of the related real estate project.

Home Equity: We originate fixed-rate home equity loans secured by a lien on the borrower’s primary residence but only where we hold the first mortgage on the property. Our home equity loans are limited to an 80% loan-to-value ratio (including all prior liens), and have terms of up to 10 years with 10-year amortization periods. We use the same underwriting standards for home equity loans as we use for one- to four-family residential mortgage loans.

Nonresidential Real Estate: Our non-residential real estate loans are secured primarily by churches and, to a much lesser extent, office buildings, and retail and mixed-use properties located in our primary market area. The non-residential real estate loans that we originate generally have maximum terms of 5 years with amortization periods of 30 years. For loans secured by church property, our loans generally have maximum terms of 20 years with amortization periods of up to 20 years. The maximum loan-to-value ratio of our non-residential real estate loans is generally 75%.

Loans secured by non-residential real estate generally are larger than one- to four-family residential loans and involve greater credit risk. Non-residential real estate loans often involve large loan balances to single borrowers or groups of related borrowers. Repayment of these loans depends to a large degree on the results of operations and management of the properties securing the loans or the businesses conducted on such property, and may be affected to a greater extent by adverse conditions in the real estate market or the economy in general, including the current adverse conditions. In addition, because a church’s financial stability often depends on donations from congregation members, some of whom may not reside in our market area, rather than income from business operations, repayment may be affected by economic conditions that affect individuals located both in our market area and in other market areas with which we are not as familiar. In addition, due to the unique nature of church buildings and properties, the real estate securing church loans may be less marketable than other non-residential real estate.

Construction and Land: We make construction loans to individuals for the construction of their primary residences and interim construction loans for non-residential properties. These loans generally have maximum terms of eight months, and upon completion of construction convert to conventional amortizing mortgage loans. These construction loans have rates and terms comparable to one- to four-family residential mortgage loans that we originate. During the construction phase, the borrower generally pays interest only. The maximum loan-to-value ratio of our owner-occupied construction loans is 80%. Residential construction loans are generally underwritten pursuant to the same guidelines used for originating permanent residential mortgage loans. Finally, we make loans secured by land to complement our construction and non-residential lending activities. These loans have terms of up to 10 years, and maximum loan-to-value ratios of 75% for improved lots and 65% for unimproved land.

To the extent our construction loans are not made to owner-occupants of single-family homes, they are more vulnerable to changes in economic conditions and the concentration of credit with a limited number of borrowers. Further, the nature of these loans is such that they are more difficult to evaluate and monitor. Our risk of loss on a construction or land loan is dependent largely upon the accuracy of the initial estimate of the property’s value upon completion of the project and the estimated cost (including interest) of the project. If the estimate of value proves to be inaccurate, we may be confronted, at or prior to the maturity of the loan, with a project with a value which is insufficient to assure full repayment and/or the possibility of having to make substantial investments to complete and sell the project. Because defaults in repayment may not occur during the construction period, it may be difficult to identify problem loans at an early stage.

Consumer and Other Loans: We offer installment loans for various consumer purposes, including the purchase of automobiles, boats, appliances and recreational vehicles, and for other legitimate personal purposes. The maximum terms of consumer loans is 18 months for unsecured loans, 12 months for loans secured by marketable securities and 18-60 months for loans secured by a vehicle, depending on the age of the vehicle. We generally only extend consumer loans to existing customers or their immediate family members, and these loans generally have relatively low limits.

Consumer loans may entail greater credit risk than residential mortgage loans, particularly in the case of consumer loans that are unsecured or are secured by rapidly depreciable assets, such as automobiles. In addition, consumer loan collections are dependent on the borrower’s continuing financial stability, and thus are more likely to be affected by adverse personal circumstances. Furthermore, the application of various federal and state laws, including bankruptcy and insolvency laws, may limit the amount which can be recovered on such loans.

At September 30, 2013 and June 30, 2013, and based on the most recent analyses performed, the loan grade for each loan by portfolio segment is as follows:

		Real estate
		One-to four family						Multi-family						Home Equity						Nonresidential
		September 30,			June 30,			September 30,			June 30,			September 30,			June 30,			September 30,			June 30,
		2013			2013			2013			2013			2013			2013			2013			2013

Pass		$	202,068		$	202,411		$	256		$	258		$	268		$	292		$	8,365		$	8,521
Special mention		—			—			—			—			—			—			—			—
Substandard		3,203			1,986			—			—			—			—			—			—
Total		$	205,271		$	204,397		$	256		$	258		$	268		$	292		$	8,365		$	8,521

		Real estate
		Construction and Land						Consumer						Total
		September 30,			June 30,			September 30,			June 30,			September 30,			June 30,
		2013			2013			2013			2013			2013			2013

Pass		$	8,818		$	8,735		$	932		$	925		$	220,707		$	221,142
Special mention		—			—			—			—			—			—
Substandard		—			—			—			—			3,203			1,986
Total		$	8,818		$	8,735		$	932		$	925		$	223,910		$	223,128

Loan risk ratings in the table above were updated for the three months ended September 30, 2013 and the year ended June 30, 2013.

FAIR_VALUE_OF_FINANCIAL_INSTRU

FAIR VALUE OF FINANCIAL INSTRUMENTS	3 Months Ended
FAIR VALUE OF FINANCIAL INSTRUMENTS	Sep. 30, 2013
FAIR VALUE OF FINANCIAL INSTRUMENTS	'
FAIR VALUE OF FINANCIAL INSTRUMENTS	'
	(5) FAIR VALUE OF FINANCIAL INSTRUMENTS

	Fair value is the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. There are three levels of inputs that may be used to measure fair values:

	Level 1: Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date.

	Level 2: Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data.

	Level 3: Significant unobservable inputs that reflect a reporting entity’s own assumptions about the assumptions that market participants would use in pricing an asset or liability.

	Investment Securities:

	The fair values for investment securities are determined by quoted market prices, if available (Level 1). For securities where quoted prices are not available, fair values are calculated based on market prices of similar securities (Level 2). For securities where quoted prices or market prices of similar securities are not available, fair values are calculated using discounted cash flows or other market indicators (Level 3). The Company’s preferred stock investments are not actively traded; therefore, management estimates the fair value of its preferred stock using estimations provided by external dealer quotes.

	Impaired Loans:

	The fair value of impaired loans with specific allocations of the allowance for loan losses is generally based on recent real estate appraisals. These appraisals may utilize a single valuation approach or a combination of approaches including comparable sales and the income approach. Adjustments are routinely made in the appraisal process by the appraisers to adjust for differences between the comparable sales and income data available. Such adjustments are typically significant and result in a Level 3 classification of the inputs for determining fair value.

	Real estate owned:

	Nonrecurring adjustments to certain commercial and residential real estate properties classified as real estate owned are measured at the lower of carrying amount or fair value, less costs to sell. Fair values are generally based on third party appraisals of the property, resulting in a Level 3 classification. In cases where the carrying amount exceeds the fair value, less costs to sell, an impairment loss is recognized.

	Assets and liabilities measured at fair value on a recurring basis at September 30, 2013 and June 30, 2013 are summarized below:

			Fair Value Measurements
			(Level 2)			(Level 2)
			September 30,			June 30,
			2013			2013
	Financial assets:
	Securities available-for-sale		$	90,891		$	87,985
	Total financial assets		$	90,891		$	87,985

	Presented in the table below are assets measured at fair value on a non-recurring basis using level 3 inputs at September 30, 2013 and June 30, 2013:

			Fair Value Measurements
			(Level 3)			(Level 3)
			September 30,			June 30,
			2013			2013
	Financial assets:
	Impaired real estate loans, with specific allocations:
	One-to-four-family		$	2,164		225

	Non-financial assets:
	Real estate owned, net:
	One- to four-family		857			1,047
	Total non-financial assets		857			1,047
	Total assets measured at fair value on a non-recurring basis		$	3,021		$	1,272


	Impaired loans, which are measured for impairment using the fair value of the collateral for collateral dependent loans, had a carrying amount of $2,164 and $225 at September 30, 2013 and June 30, 2013, respectively. The carrying values included a valuation allowance of $110 and $27, respectively, resulting in an increase in the provision for loan loss of $82 for the three months ended September 30, 2013.

	Real estate owned is carried at the lower of carrying value or fair value less costs to sell. The outstanding balances of real estate owned and their respective valuation allowances at September 30, 2013 and June 30, 2013 were $857 and $0 and $1,047 and $0, respectively. There were no write-downs for measuring real estate owned at the lower of carrying or fair value less costs to sell for the three months ended September 30, 2013.

	The table below presents the valuation methodology and unobservable inputs for Level 3 assets measured at fair value on a non-recurring basis at September 30, 2013:

			Level 3 Quantitative Information at September 30, 2013
										Range
			Fair Value			Valuation		Unobservable		(Weighted
			Fair Value			Technique		Inputs		Average)
	Impaired real estate loans net, with specific allocations:
	One-to four-family		$	2,164		Sales comparison approach		Adjustment for differences between the comparable sales		0% to 30%
	One-to four-family		$	2,164		Sales comparison approach		Adjustment for differences between the comparable sales		-15%

Real estate owned:
One-to four-family		$	857		Sales comparison approach		Adjustment for differences between the comparable sales		0% to 20%
One-to four-family		$	857		Sales comparison approach		Adjustment for differences between the comparable sales		-10%

Many of the Company’s assets and liabilities are short-term financial instruments whose carrying amounts reported in the consolidated balance sheet approximate fair value. These items include cash and cash equivalents, accrued interest receivable and payable balances, variable rate loan and deposits that re-price frequently and fully. The estimated fair values of the Company’s remaining on-balance sheet financial instruments at September 30, 2013 and June 30, 2013 are summarized below:

		September 30, 2013
		Carrying
		Amount			(Level 1)			(Level 2)			(Level 3)		Total
Financial assets
Securities available-for-sale		$	90,891		$	—		$	90,891		$	—	$	90,891
Securities held-to-maturity		8,726			—			8,890			—		8,890
Loans, net		221,858			—			—			228,707		229,664
Restricted equity securities (1)		449			N/A			N/A			N/A		N/A

Financial liabilities
Deposits		$	288,784		$	75,616		$	213,593		$	—	$	292,324

		June 30, 2013
		Carrying
		Amount			(Level 1)			(Level 2)			(Level 3)		Total
Financial assets
Securities available-for-sale		$	87,985		$	—		$	87,985		$	—	$	87,985
Securities held-to-maturity		8,039			—			8,223			—		8,223
Loans, net		221,163			—			—			229,745		229,745
Restricted equity securities (1)		449			N/A			N/A			N/A		N/A

Financial liabilities
Deposits		$	292,422		$	74,471		$	218,395		$	—	$	292,866

(1) It was not practicable to determine fair value of restricted equity securities due to restrictions placed on transferability.

EMPLOYEE_STOCK_OWNERSHIP_PLAN

EMPLOYEE STOCK OWNERSHIP PLAN	3 Months Ended
	Sep. 30, 2013
EMPLOYEE STOCK OWNERSHIP PLAN	'
EMPLOYEE STOCK OWNERSHIP PLAN	'
	(6) EMPLOYEE STOCK OWNERSHIP PLAN

	Employees participate in an Employee Stock Ownership Plan (“ESOP”). The ESOP borrowed from the Company to purchase 248,842 shares of the Company’s common stock at $10 per share during 2011. The Company makes discretionary contributions to the ESOP, and pays dividends on unallocated shares to the ESOP, and the ESOP uses funds it receives to repay the loan. When loan payments are made, ESOP shares are allocated to participants based on relative compensation and expense is recorded. Dividends on allocated shares increase participant accounts.

	Participants receive the shares at the end of employment. No contributions to the ESOP were made during the three months ended September 30, 2013. The expense recognized for the three months ended September 30, 2013 and 2012 was $67 and $48, respectively.

	Shares held by the ESOP at September 30, 2013 and June 30, 2013 were as follows:

		September 30,		June 30,
		2013		2013
	Committed to be released to participants	13,595		9,064
	Allocated to participants	33,211		33,211
	Unearned	202,036		206,567
	Total ESOP shares	248,842		248,842

	Fair value of unearned shares	$	3,333,594	$	3,059,257

STOCK_BASED_COMPENSATION

STOCK BASED COMPENSATION	3 Months Ended
STOCK BASED COMPENSATION	Sep. 30, 2013
STOCK BASED COMPENSATION	'
STOCK BASED COMPENSATION	'
	(7) STOCK BASED COMPENSATION

	On April 5, 2012, the shareholders of Oconee Federal Financial Corp. approved the Oconee Federal Financial Corp. 2012 Equity Incentive Plan (the “Plan”) for employees and directors of the Company. The Plan authorizes the issuance of up to 435,472 shares of the Company’s common stock, with no more than 124,420 of shares as restricted stock awards and 311,052 as stock options, either incentive stock options or non-qualified stock options. The exercise price of options granted under the Plan may not be less than the fair market value on the date the stock option is granted. The compensation committee of the board of directors has sole discretion to determine the amount and to whom equity incentive awards are granted.

	On April 27, 2012, the compensation committee of the board of directors approved the issuance of 62,208 stock options to purchase Company stock and 24,884 shares of restricted stock to its directors. In addition, a total of 171,078 stock options and 62,210 shares of restricted stock were granted to officers. Stock options and restricted stock have vesting periods of 5 years or 7 years, a percentage of which vests annually on each anniversary date of grant. The weighted average vesting period of stock options and restricted stock granted was 5.7 and 5.6 years, respectively. Stock options expire ten years after issuance. Apart from the vesting schedule for both stock options and restricted stock, there are no performance-based conditions or any other material conditions applicable to the awards issued.

	The following table summarizes stock option activity for the three months ended September 30, 2013:

		Options		Weighted-		Weighted-	Aggregate
				Average		Average	Intrinsic Value(1)
				Exercise		Remaining
				Price/Share		Contractual
						Life (in years)
	Outstanding - July 1, 2013	233,286		$	11.58
	Granted	—		—
	Exercised	—		—
	Forfeited	—		—
	Outstanding - September 30, 2013	233,286		$	11.58	8.58	$	1,147,767
	Fully vested and exercisable at September 30, 2013	42,214		$	11.58	8.58	$	207,693
	Expected to vest in future periods	191,072
	Fully vested and expected to vest - September 30, 2013	233,286		$	11.58	8.58	$	1,147,767

	(1) Based on closing price of $16.50 per share on September 30, 2013.

	Intrinsic value for stock options is defined as the difference between the current market value and the exercise price.

	The fair value for each option grant is estimated on the date of grant using the Black-Scholes-Merton option pricing model that uses the following assumptions. The Company uses the U.S. Treasury yield curve in effect at the time of the grant to determine the risk-free interest rate. The expected dividend yield is estimated using the projected annual dividend level and recent stock price of the Company’s common stock at the date of grant. Expected stock volatility is based on historical volatilities of the SNL Financial Index of Thrifts. The expected life of the options is calculated based on the “simplified” method as provided for under Staff Accounting Bulletin No.110.

	The weighted-average fair value of options granted and assumptions used in the Black-Scholes-Merton option pricing model to determine the fair value of options are listed below:

	Risk-free interest rate	1.54		%
	Expected dividend yield	3.45		%
	Expected stock volatility	15.3
	Expected life (years)	8
	Weighted-average fair value of options granted	$	1


	Stock options are assumed to be earned ratably over their respective vesting periods and charged to compensation expense based upon their grant date fair value and the number of options assumed to be earned. There were 10,640 options that were earned during the three months ended September 30, 2013 and 2012. Stock-based compensation expense for stock options for the three months ended September 30, 2013 and 2012 was $10 and $11, respectively. Total unrecognized compensation cost related to nonvested stock options was $170 at September 30, 2013 and is expected to be recognized over a weighted-average period of 4.2 years.

	The following table summarizes non-vested restricted stock activity for the three months ended September 30, 2013:

		September 30,
		2013
	Balance - beginning of year	71,095
	Granted	—
	Forfeited	—
	Vested	—
	Balance - end of period	71,095

	The fair value of the restricted stock awards is amortized to compensation expense over their respective vesting periods and is based on the market price of the Company’s common stock at the date of grant multiplied by the number of shares granted that are expected to vest. The weighted-average grant date fair value of restricted stock granted during the year ended June 30, 2012 was $11.58 per share or $1,009. Stock-based compensation expense for restricted stock included in noninterest expense was $47 for the three months ended September 30, 2013 and 2012. Unrecognized compensation expense for nonvested restricted stock awards was $730 at September 30, 2013 and is expected to be recognized over a weighted-average period of 4.2 years.

SUPPLEMENTAL_CASH_FLOW_INFORMA

SUPPLEMENTAL CASH FLOW INFORMATION	3 Months Ended
	Sep. 30, 2013
SUPPLEMENTAL CASH FLOW INFORMATION	'
SUPPLEMENTAL CASH FLOW INFORMATION	'
	(8) SUPPLEMENTAL CASH FLOW INFORMATION

	Supplemental cash flow information for the three months ended September 30, 2013 and 2012:

		September 30,			September 30,
		2013			2012
	Cash paid during the period for:
	Interest paid	$	430		$	620
	Income taxes paid	$	200		$	35
	Supplemental noncash disclosures:
	Transfers from loans to real estate owned	$	—		$	583
	Unrealized gains (losses) on securities available-for-sale, net	$	(6	)	$	383

SUBSEQUENT_EVENTS

SUBSEQUENT EVENTS	3 Months Ended
SUBSEQUENT EVENTS	Sep. 30, 2013
SUBSEQUENT EVENTS	'
SUBSEQUENT EVENTS	'
	(9) SUBSEQUENT EVENTS

	On October 24, 2013, the Board of Directors of Oconee Federal Financial Corp. (the “Company”) declared a quarterly cash dividend of $0.10 per share of the Company’s common stock. The dividend will be payable to stockholders of record as of November 7, 2013, and will be paid on or about November 21, 2013.

EARNINGS_PER_SHARE_EPS_Tables

EARNINGS PER SHARE ("EPS") (Tables)	3 Months Ended
	Sep. 30, 2013
EARNINGS PER SHARE ("EPS")	'
Schedule of factors used in the earnings per common share computation	'

		Three Months Ended
		September 30,			September 30,
		2013			2012
	Earnings per share
	Net income	$	919		$	1,017
	Less: distributed earnings allocated to participating securities	(7		)	(8		)
	Less: (undistributed income) dividends in excess of earnings allocated to participating securities	(4		)	(5		)
	Net earnings available to common shareholders	$	908		$	1,004

	Weighted average common shares outstanding including participating securities	5,850,522			6,423,645
	Less: participating securities	(71,095		)	(87,092		)
	Less: average unearned ESOP shares	(204,302		)	(222,912		)
	Weighted average common shares outstanding	5,575,125			6,113,641

	Basic earnings per share	$	0.16		$	0.16

	Weighted average common shares outstanding	5,575,125			6,113,641
	Add: dilutive effects of assumed exercises of stock options	47,856			7,522
	Average shares and dilutive potential common shares	5,622,981			6,121,163

	Diluted earnings per share	$	0.16		$	0.16

SECURITIES_AVAILABLEFORSALE_AN1

SECURITIES AVAILABLE-FOR-SALE AND HELD-TO-MATURITY (Tables)	3 Months Ended
SECURITIES AVAILABLE-FOR-SALE AND HELD-TO-MATURITY (Tables)	Sep. 30, 2013
SECURITIES AVAILABLE-FOR-SALE AND HELD-TO-MATURITY	'
Schedule of investment securities	'

				Gross			Gross
		Amortized		Unrealized			Unrealized			Fair
		Cost		Gains			Losses			Value
	September 30, 2013
	Held-to-maturity:
	Certificates of deposit	$	5,229	$	16		$	(22	)	$	5,223
	GNMA mortgage-backed securities	3,497		170			—			3,667
	Total held-to-maturity	$	8,726	$	186		$	(22	)	$	8,890

	Available-for-sale:
	FHLMC common stock	$	20	$	82		$	—		$	102
	Preferred stock (1)	271		26			—			297
	FNMA CMO/REMIC	3,303		—			(101		)	3,202
	FHLMC CMO/REMIC	1,892		—			(62		)	1,830
	GNMA CMO/REMIC	6,602		—			(316		)	6,286
	FNMA mortgage-backed securities	18,625		197			(163		)	18,659
	FHLMC mortgage-backed securities	18,189		120			(241		)	18,068
	GNMA mortgage-backed securities	3,559		—			(98		)	3,461
	U.S. Government agencies	39,341		338			(693		)	38,986
	Total available-for-sale	$	91,802	$	763		$	(1,674	)	$	90,891

	June 30, 2013
	Held-to-maturity:
	Certificates of deposit	$	3,985	$	18		$	(13	)	$	3,990
	GNMA mortgage-backed securities	4,054		179			—			4,233
	Total held-to-maturity	$	8,039	$	197		$	(13	)	$	8,223

	Available-for-sale:
	FHLMC common stock	$	20	$	90		$	—		$	110
	Preferred stock (1)	271		26			—			297
	FNMA CMO/REMIC	3,389		—			(108		)	3,281
	FHLMC CMO/REMIC	1,941		—			(74		)	1,867
	GNMA CMO/REMIC	6,879		5			(173		)	6,711
	FNMA mortgage-backed securities	17,562		112			(160		)	17,514
	FHLMC mortgage-backed securities	17,819		67			(246		)	17,640
	GNMA mortgage-backed securities	2,619		—			(105		)	2,514
	U.S. Government agencies	38,387		294			(630		)	38,051
	Total available-for-sale	$	88,887	$	594		$	(1,496	)	$	87,985

	(1) Consists of 300 shares of Southern First Bancshares, Inc. cumulative perpetual preferred stock, series T.
Schedule of securities with unrealized losses aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position	'

		Less than 12 Months					12 Months or More						Total
		Fair Value		Unrealized			Fair Value			Unrealized			Fair Value		Unrealized
		Fair Value		Loss			Fair Value			Loss			Fair Value		Loss
	September 30, 2013
	Available for Sale:
	FNMA CMO/REMIC	$	3,202	$	(101	)	$	—		$	—		$	3,202	$	(101	)
	FHLMC CMO/REMIC	—		—			1,830			(62		)	1,830		(62		)
	GNMA CMO/REMIC	6,286		(316		)	—			—			6,286		(316		)
	FNMA mortgage-backed securities	18,659		(163		)	—			—			18,659		(163		)
	FHLMC mortgage-backed securities	18,068		(241		)	—			—			18,068		(241		)
	GNMA mortgage-backed securities	3,461		(98		)	—			—			3,461		(98		)
	U.S. Government agencies	38,986		(693		)	—			—			38,986		(693		)
		$	88,662	$	(1,612	)	$	1,830		$	(62	)	$	90,492	$	(1,674	)
Schedule of amortized cost and fair value of debt securities classified available-for-sale and held-to-maturity by contractual maturity	'

		September 30,					June 30,
		2013					2013
		Amortized		Estimated			Amortized			Estimated
		Cost		Fair Value			Cost			Fair Value
	Less than one year	$	1,245	$	1,247		$	996		$	997
	Due from one to five years	28,880		29,159			26,178			26,437
	Due from five to ten years	10,445		10,045			11,198			10,800
	Due after ten years	4,000		3,758			4,000			3,807
	Mortgage backed securities	55,667		55,173			54,263			53,760
	Total	$	100,237	$	99,382		$	96,635		$	95,801

LOANS_Tables

LOANS (Tables)	3 Months Ended
LOANS (Tables)	Sep. 30, 2013
LOANS	'
Schedule of loans	'

		September 30,			June 30,
		2013			2013
	Real estate loans:
	One- to four-family	$	205,271		$	204,397
	Multi-family	256			258
	Home equity	268			292
	Nonresidential	8,365			8,521
	Construction and land	8,818			8,735
	Total real estate loans	222,978			222,203
	Consumer and other loans	932			925
	Total loans	223,910			223,128
	Net deferred loan fees	(1,220		)	(1,214		)
	Allowance for loan losses	(832		)	(751		)
	Loans, net	$	221,858		$	221,163
Schedule of activity in the allowance for loan losses and the balances in the allowance for loan losses and the recorded investment in loans by portfolio segment based on impairment method	'

		Real estate
	Three Months Ended September 30, 2013	One-to-four			Multi-family			Home		Nonresidential			Construction		Consumer		Total
	Three Months Ended September 30, 2013	family			Multi-family			Equity		Nonresidential			and land		Consumer		Total
	Beginning balance	$	665		$	4		$	1	$	52		$	27	$	2	$	751
	Provision	82			—			—		(2		)	1		—		81
	Charge-offs	—			—			—		—			—		—		—
	Recoveries	—			—			—		—			—		—		—
	Ending balance	$	747		$	4		$	1	$	50		$	28	$	2	$	832

	Allowance for loan losses:
	Ending allowance attributed to loans:
	Individually evaluated for impairment	$	110		$	—		$	—	$	—		$	—	$	—	$	110
	Collectively evaluated for impairment	637			4			1		50			28		2		722
	Total ending allowance balance	$	747		$	4		$	1	$	50		$	28	$	2	$	832

	Loans:
	Loans individually evaluated for impairment	$	3,203		$	—		$	—	$	—		$	—	$	—	$	3,203
	Loans collectively evaluated for impairment	202,068			256			268		8,365			8,818		932		220,707
	Total ending loans balance	$	205,271		$	256		$	268	$	8,365		$	8,818	$	932	$	223,910

		Real estate
	Three Months Ended September 30, 2012	One-to-four			Multi-family			Home		Nonresidential			Construction		Consumer		Total
	Three Months Ended September 30, 2012	family			Multi-family			Equity		Nonresidential			and land		Consumer		Total
	Beginning balance	$	773		$	4		$	1	$	56		$	21	$	2	$	857
	Provision	139			—			—		—			1		1		141
	Charge-offs	(68		)	—			—		—			—		—		(68		)
	Recoveries	—			—			—		—			—		—		—
	Ending balance	$	844		$	4		$	1	$	56		$	22	$	3	$	930

	Allowance for loan losses:
	Ending allowance attributed to loans:
	Individually evaluated for impairment	$	192		$	—		$	—	$	—		$	—	$	—	$	192
	Collectively evaluated for impairment	652			4			1		56			22		3		738
	Total ending allowance balance	$	844		$	4		$	1	$	56		$	22	$	3	$	930

	Loans:
	Loans individually evaluated for impairment	$	2,756		$	—		$	—	$	—		$	—	$	—	$	2,756
	Loans collectively evaluated for impairment	225,437			262			383		9,110			7,345		851		243,388
	Total ending loans balance	$	228,193		$	262		$	383	$	9,110		$	7,345	$	851	$	246,144

		Real estate
	June 30, 2013	One-to-four			Multi-family			Home		Nonresidential			Construction		Consumer		Total
	June 30, 2013	family			Multi-family			Equity		Nonresidential			and land		Consumer		Total
	Allowance for loan losses:
	Ending allowance attributed to loans:
	Individually evaluated for impairment	$	27		$	—		$	—	$	—		$	—	$	—	$	27
	Collectively evaluated for impairment	638			4			1		52			27		2		724
	Total ending allowance balance	$	665		$	4		$	1	$	52		$	27	$	2	$	751

	Loans:
	Loans individually evaluated for impairment	$	1,986		$	—		$	—	$	—		$	—	$	—	$	1,986
	Loans collectively evaluated for impairment	202,411			258			292		8,521			8,735		925		221,142
	Total ending loans balance	$	204,397		$	258		$	292	$	8,521		$	8,735	$	925	$	223,128
Schedule of loans individually evaluated for impairment by portfolio segment including the average recorded investment balance and interest earned	'

		September 30, 2013													June 30, 2013
		Unpaid			Recorded			Related		Average			Interest		Unpaid		Recorded			Related		Average		Interest
		Principal			Investment			Allowance		Recorded			Income		Principal		Investment			Allowance		Recorded		Income
		Balance								Investment			Recognized		Balance							Investment		Recognized
	With no recorded allowance:
	Real estate loans:
	One- to four-family	$	929		$	929		$	—	$	1,332		$	9	$	1,734	$	1,734		$	—	$	1,202	$	27
	Multi-family	—			—			—		—			—		—		—			—		—		—
	Home equity	—			—			—		—			—		—		—			—		—		—
	Nonresidential	—			—			—		—			—		—		—			—		—		—
	Construction and land	—			—			—		—			—		—		—			—		—		—
	Total real estate loans	929			929			—		1,332			9		1,734		1,734			—		1,202		27
	Consumer and other loans	—			—			—		—			—		—		—			—		—		—
	Total	$	929		$	929		$	—	$	1,332		$	9	$	1,734	$	1,734		$	—	$	1,202	$	27

	With recorded allowance:
	Real estate loans:
	One- to four-family	$	2,274		$	2,274		$	110	$	1,263		$	7	$	252	$	252		$	27	$	1,033	$	6
	Multi-family	—			—			—		—			—		—		—			—		—		—
	Home equity	—			—			—		—			—		—		—			—		—		—
	Nonresidential	—			—			—		—			—		—		—			—		—		—
	Construction and land	—			—			—		—			—		—		—			—		—		—
	Total real estate loans	2,274			2,274			110		1,263			7		252		252			27		1,033		6
	Consumer and other loans	—			—			—		—			—		—		—			—		—		—
	Total	$	2,274		$	2,274		$	110	$	1,263		$	7	$	252	$	252		$	27	$	1,033	$	6

	Totals:
	Real estate loans	$	3,203		$	3,203		$	110	$	2,595		$	16	$	1,986	$	1,986		$	27	$	2,235	$	33
	Consumer and other loans	—			—			—		—			—		—		—			—		—		—
	Total	$	3,203		$	3,203		$	110	$	2,595		$	16	$	1,986	$	1,986		$	27	$	2,235	$	33
Schedule of the aging of the recorded investment in past due loans by portfolio segment of loans	'

																	Accruing
		30-59			60-89			90 Days									Loans
		Days			Days			or More		Total					Total		Past Due 90
	September 30, 2013	Past Due			Past Due			Past Due		Past Due			Current		Loans		Days or More
	Real estate loans:
	One- to four-family	$	3,753		$	1,163		$	2,806	$	7,722		$	197,549	$	205,271	$	—
	Multi-family	—			—			—		—			256		256		—
	Home equity	—			—			—		—			268		268		—
	Nonresidential	21			—			—		21			8,344		8,365		—
	Construction and land	—			—			—		—			8,818		8,818		—
	Total real estate loans	3,774			1,163			2,806		7,743			215,235		222,978		—
	Consumer and other loans	—			—			—		—			932		932		—
	Total	$	3,774		$	1,163		$	2,806	$	7,743		$	216,167	$	223,910	$	—

																	Accruing
		30-59			60-89			90 Days									Loans
		Days			Days			or More		Total					Total		Past Due 90
	June 30, 2013	Past Due			Past Due			Past Due		Past Due			Current		Loans		Days or More
	Real estate loans:
	One- to four-family	$	5,932		$	2,397		$	1,726	$	10,055		$	194,342	$	204,397	$	493
	Multi-family	—			—			—		—			258		258		—
	Home equity	30			—			—		30			262		292		—
	Nonresidential	—			—			—		—			8,521		8,521		—
	Construction and land	—			—			—		—			8,735		8,735		—
	Total real estate loans	5,962			2,397			1,726		10,085			212,118		222,203		493
	Consumer and other loans	1			—			—		1			924		925		—
	Total	$	5,963		$	2,397		$	1,726	$	10,086		$	213,042	$	223,128	$	493
Schedule of loan grade for each loan by portfolio segment and class	'

		Real estate
		One-to four family						Multi-family					Home Equity				Nonresidential
		September 30,			June 30,			September 30,		June 30,			September 30,		June 30,		September 30,			June 30,
		2013			2013			2013		2013			2013		2013		2013			2013

	Pass	$	202,068		$	202,411		$	256	$	258		$	268	$	292	$	8,365		$	8,521
	Special mention	—			—			—		—			—		—		—			—
	Substandard	3,203			1,986			—		—			—		—		—			—
	Total	$	205,271		$	204,397		$	256	$	258		$	268	$	292	$	8,365		$	8,521

		Real estate
		Construction and Land						Consumer					Total
		September 30,			June 30,			September 30,		June 30,			September 30,		June 30,
		2013			2013			2013		2013			2013		2013

	Pass	$	8,818		$	8,735		$	932	$	925		$	220,707	$	221,142
	Special mention	—			—			—		—			—		—
	Substandard	—			—			—		—			3,203		1,986
	Total	$	8,818		$	8,735		$	932	$	925		$	223,910	$	223,128

FAIR_VALUE_OF_FINANCIAL_INSTRU1

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	3 Months Ended
FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	Sep. 30, 2013
FAIR VALUE OF FINANCIAL INSTRUMENTS	'
Schedule of assets and liabilities measured at fair value on a recurring basis	'

		Fair Value Measurements
		(Level 2)		(Level 2)
		September 30,		June 30,
		2013		2013
	Financial assets:
	Securities available-for-sale	$	90,891	$	87,985
	Total financial assets	$	90,891	$	87,985
Schedule of assets measured at fair value on a non-recurring basis	'

		Fair Value Measurements
		(Level 3)		(Level 3)
		September 30,		June 30,
		2013		2013
	Financial assets:
	Impaired real estate loans, with specific allocations:
	One-to-four-family	$	2,164	225

	Non-financial assets:
	Real estate owned, net:
	One- to four-family	857		1,047
	Total non-financial assets	857		1,047
	Total assets measured at fair value on a non-recurring basis	$	3,021	$	1,272

Schedule of valuation methodology and unobservable inputs for Level 3 assets measured at fair value on a non-recurring basis	'

		Level 3 Quantitative Information at September 30, 2013
								Range
		Fair Value		Valuation		Unobservable		(Weighted
		Fair Value		Technique		Inputs		Average)
	Impaired real estate loans net, with specific allocations:
	One-to four-family	$	2,164	Sales comparison approach		Adjustment for differences between the comparable sales		0% to 30%
	One-to four-family	$	2,164	Sales comparison approach		Adjustment for differences between the comparable sales		-15%

	Real estate owned:
	One-to four-family	$	857	Sales comparison approach		Adjustment for differences between the comparable sales		0% to 20%
	One-to four-family	$	857	Sales comparison approach		Adjustment for differences between the comparable sales		-10%
Schedule of carrying amounts and estimated fair values of the Company's on-balance sheet financial instruments	'

		September 30, 2013
		Carrying
		Amount		(Level 1)			(Level 2)		(Level 3)		Total
	Financial assets
	Securities available-for-sale	$	90,891	$	—		$	90,891	$	—	$	90,891
	Securities held-to-maturity	8,726		—			8,890		—		8,890
	Loans, net	221,858		—			—		228,707		229,664
	Restricted equity securities (1)	449		N/A			N/A		N/A		N/A

	Financial liabilities
	Deposits	$	288,784	$	75,616		$	213,593	$	—	$	292,324

		June 30, 2013
		Carrying
		Amount		(Level 1)			(Level 2)		(Level 3)		Total
	Financial assets
	Securities available-for-sale	$	87,985	$	—		$	87,985	$	—	$	87,985
	Securities held-to-maturity	8,039		—			8,223		—		8,223
	Loans, net	221,163		—			—		229,745		229,745
	Restricted equity securities (1)	449		N/A			N/A		N/A		N/A

	Financial liabilities
	Deposits	$	292,422	$	74,471		$	218,395	$	—	$	292,866

	(1) It was not practicable to determine fair value of restricted equity securities due to restrictions placed on transferability.

EMPLOYEE_STOCK_OWNERSHIP_PLAN_

EMPLOYEE STOCK OWNERSHIP PLAN (Tables)	3 Months Ended
	Sep. 30, 2013
EMPLOYEE STOCK OWNERSHIP PLAN	'
Schedule of shares held by ESOP	'

		September 30,		June 30,
		2013		2013
	Committed to be released to participants	13,595		9,064
	Allocated to participants	33,211		33,211
	Unearned	202,036		206,567
	Total ESOP shares	248,842		248,842

	Fair value of unearned shares	$	3,333,594	$	3,059,257

STOCK_BASED_COMPENSATION_Table

STOCK BASED COMPENSATION (Tables)	3 Months Ended
STOCK BASED COMPENSATION (Tables)	Sep. 30, 2013
STOCK BASED COMPENSATION	'
Summary of stock option activity	'

		Options		Weighted-		Weighted-	Aggregate
				Average		Average	Intrinsic Value(1)
				Exercise		Remaining
				Price/Share		Contractual
						Life (in years)
	Outstanding - July 1, 2013	233,286		$	11.58
	Granted	—		—
	Exercised	—		—
	Forfeited	—		—
	Outstanding - September 30, 2013	233,286		$	11.58	8.58	$	1,147,767
	Fully vested and exercisable at September 30, 2013	42,214		$	11.58	8.58	$	207,693
	Expected to vest in future periods	191,072
	Fully vested and expected to vest - September 30, 2013	233,286		$	11.58	8.58	$	1,147,767

	(1) Based on closing price of $16.50 per share on September 30, 2013.
Schedule of weighted-average fair value of options granted and assumptions used in the Black-Scholes-Merton option pricing model	'

	Risk-free interest rate	1.54		%
	Expected dividend yield	3.45		%
	Expected stock volatility	15.3
	Expected life (years)	8
	Weighted-average fair value of options granted	$	1

Summary of non-vested restricted stock activity	'

		September 30,
		2013
	Balance - beginning of year	71,095
	Granted	—
	Forfeited	—
	Vested	—
	Balance - end of period	71,095

SUPPLEMENTAL_CASH_FLOW_INFORMA1

SUPPLEMENTAL CASH FLOW INFORMATION (Tables)	3 Months Ended
	Sep. 30, 2013
SUPPLEMENTAL CASH FLOW INFORMATION	'
Schedule of supplemental cash flow information	'

		September 30,			September 30,
		2013			2012
	Cash paid during the period for:
	Interest paid	$	430		$	620
	Income taxes paid	$	200		$	35
	Supplemental noncash disclosures:
	Transfers from loans to real estate owned	$	—		$	583
	Unrealized gains (losses) on securities available-for-sale, net	$	(6	)	$	383

BASIS_OF_PRESENTATION_Details

BASIS OF PRESENTATION (Details) (Oconee Federal, MHC)	Sep. 30, 2013
Oconee Federal, MHC	'
Basis of Presentation	'
Percentage of ownership in the entity	70.76%

EARNINGS_PER_SHARE_EPS_Details

EARNINGS PER SHARE ("EPS") (Details) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Earnings per share	'	'
Net income	$919	$1,017
Less: distributed earnings allocated to participating securities	-7	-8
Less: (undistributed income) dividends in excess of earnings allocated to participating securities	-4	-5
Net earnings available to common shareholders	$908	$1,004
Basic earnings per share	'	'
Weighted average common shares outstanding including participating securities	5,850,522	6,423,645
Less: participating securities (in shares)	-71,095	-87,092
Less: average unearned ESOP shares	-204,302	-222,912
Weighted average shares common shares outstanding	5,575,125	6,113,641
Basic earnings per share (in dollars per share)	$0.16	$0.16
Diluted earnings per share	'	'
Weighted average common shares outstanding	5,575,125	6,113,641
Add: dilutive effects of assumed exercise of stock options (in shares)	47,856	7,522
Average shares and dilutive potential common shares	5,622,981	6,121,163
Diluted earnings per share (in dollars per share)	$0.16	$0.16
Number of potential antidilutive common shares	0	0

SECURITIES_AVAILABLEFORSALE_AN2

SECURITIES AVAILABLE-FOR-SALE AND HELD-TO-MATURITY (Details) (USD $)	Sep. 30, 2013	Jun. 30, 2013
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2013	Jun. 30, 2013
Held-to-maturity:	'	'
Amortized Cost	$8,726	$8,039
Gross Unrealized Gains	186	197
Gross Unrealized Losses	-22	-13
Fair Value	8,890	8,223
Available-for-sale:	'	'
Amortized Cost	91,802	88,887
Gross Unrealized Gains	763	594
Gross Unrealized Losses	-1,674	-1,496
Fair Value	90,891	87,985
Certificates of deposit	'	'
Held-to-maturity:	'	'
Amortized Cost	5,229	3,985
Gross Unrealized Gains	16	18
Gross Unrealized Losses	-22	-13
Fair Value	5,223	3,990
Common Stock \| FHLMC	'	'
Available-for-sale:	'	'
Amortized Cost	20	20
Gross Unrealized Gains	82	90
Fair Value	102	110
Preferred stock	'	'
Available-for-sale:	'	'
Amortized Cost	271	271
Gross Unrealized Gains	26	26
Fair Value	297	297
Preferred stock \| Southern First Bancshares, Inc.	'	'
Available-for-sale:	'	'
Shares owned	300	300
FNMA \| CMO/REMIC	'	'
Available-for-sale:	'	'
Amortized Cost	3,303	3,389
Gross Unrealized Losses	-101	-108
Fair Value	3,202	3,281
FNMA \| Mortgage-backed securities	'	'
Available-for-sale:	'	'
Amortized Cost	18,625	17,562
Gross Unrealized Gains	197	112
Gross Unrealized Losses	-163	-160
Fair Value	18,659	17,514
GNMA \| CMO/REMIC	'	'
Available-for-sale:	'	'
Amortized Cost	6,602	6,879
Gross Unrealized Gains	'	5
Gross Unrealized Losses	-316	-173
Fair Value	6,286	6,711
GNMA \| Mortgage-backed securities	'	'
Held-to-maturity:	'	'
Amortized Cost	3,497	4,054
Gross Unrealized Gains	170	179
Fair Value	3,667	4,233
Available-for-sale:	'	'
Amortized Cost	3,559	2,619
Gross Unrealized Losses	-98	-105
Fair Value	3,461	2,514
U.S. Government agencies	'	'
Available-for-sale:	'	'
Amortized Cost	39,341	38,387
Gross Unrealized Gains	338	294
Gross Unrealized Losses	-693	-630
Fair Value	38,986	38,051
FHLMC \| CMO/REMIC	'	'
Available-for-sale:	'	'
Amortized Cost	1,892	1,941
Gross Unrealized Losses	-62	-74
Fair Value	1,830	1,867
FHLMC \| Mortgage-backed securities	'	'
Available-for-sale:	'	'
Amortized Cost	18,189	17,819
Gross Unrealized Gains	120	67
Gross Unrealized Losses	-241	-246
Fair Value	$18,068	$17,640

SECURITIES_AVAILABLEFORSALE_AN3

SECURITIES AVAILABLE-FOR-SALE AND HELD-TO-MATURITY (Details 2) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Jun. 30, 2013
Securities with unrealized losses	'	'
Fair Value, Less than twelve months, Available-for-sale	$88,662	'
Fair Value, Greater than twelve months, Available-for-sale	1,830	'
Total Fair Value, Available-for-sale	90,492	'
Unrealized Loss, Less than twelve months, Available-for-sale	-1,612	'
Unrealized Loss, Greater than twelve months, Available-for-sale	-62	0
Total Unrealized Loss, Available-for-sale	-1,674	'
Unrealized losses greater than twelve months, held-to-maturity	0	'
Other-than-temporary impairment charge, available-for-sale	0	'
Other-than-temporary impairment charge, held-to-maturity	0	'
U.S. Government agencies	'	'
Securities with unrealized losses	'	'
Number of securities with unrealized losses	12	'
Fair Value, Less than twelve months, Available-for-sale	38,986	'
Total Fair Value, Available-for-sale	38,986	'
Unrealized Loss, Less than twelve months, Available-for-sale	-693	'
Total Unrealized Loss, Available-for-sale	-693	'
FNMA \| CMO/REMIC	'	'
Securities with unrealized losses	'	'
Number of securities with unrealized losses	2	'
Fair Value, Less than twelve months, Available-for-sale	3,202	'
Total Fair Value, Available-for-sale	3,202	'
Unrealized Loss, Less than twelve months, Available-for-sale	-101	'
Total Unrealized Loss, Available-for-sale	-101	'
FNMA \| Mortgage-backed securities	'	'
Securities with unrealized losses	'	'
Number of securities with unrealized losses	5	'
Fair Value, Less than twelve months, Available-for-sale	18,659	'
Total Fair Value, Available-for-sale	18,659	'
Unrealized Loss, Less than twelve months, Available-for-sale	-163	'
Total Unrealized Loss, Available-for-sale	-163	'
FHLMC \| CMO/REMIC	'	'
Securities with unrealized losses	'	'
Number of securities with unrealized losses	7	'
Fair Value, Greater than twelve months, Available-for-sale	1,830	'
Total Fair Value, Available-for-sale	1,830	'
Unrealized Loss, Greater than twelve months, Available-for-sale	-62	'
Total Unrealized Loss, Available-for-sale	-62	'
FHLMC \| Mortgage-backed securities	'	'
Securities with unrealized losses	'	'
Number of securities with unrealized losses	5	'
Fair Value, Less than twelve months, Available-for-sale	18,068	'
Total Fair Value, Available-for-sale	18,068	'
Unrealized Loss, Less than twelve months, Available-for-sale	-241	'
Total Unrealized Loss, Available-for-sale	-241	'
GNMA \| CMO/REMIC	'	'
Securities with unrealized losses	'	'
Number of securities with unrealized losses	5	'
Fair Value, Less than twelve months, Available-for-sale	6,286	'
Total Fair Value, Available-for-sale	6,286	'
Unrealized Loss, Less than twelve months, Available-for-sale	-316	'
Total Unrealized Loss, Available-for-sale	-316	'
GNMA \| Mortgage-backed securities	'	'
Securities with unrealized losses	'	'
Number of securities with unrealized losses	3	'
Fair Value, Less than twelve months, Available-for-sale	3,461	'
Total Fair Value, Available-for-sale	3,461	'
Unrealized Loss, Less than twelve months, Available-for-sale	-98	'
Total Unrealized Loss, Available-for-sale	($98)	'
Certificates of deposit	'	'
Securities with unrealized losses	'	'
Number of securities with unrealized losses	10	'

SECURITIES_AVAILABLEFORSALE_AN4

SECURITIES AVAILABLE-FOR-SALE AND HELD-TO-MATURITY (Details 3) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Jun. 30, 2013
Amortized Cost	'	'	'
Less than one year	$1,245	'	$996
Due from one to five years	28,880	'	26,178
Due from five to ten years	10,445	'	11,198
Due after ten years	4,000	'	4,000
Mortgage backed securities	55,667	'	54,263
Total	100,237	'	96,635
Estimated Fair Value	'	'	'
Less than one year	1,247	'	997
Due from one to five years	29,159	'	26,437
Due from five to ten years	10,045	'	10,800
Due after ten years	3,758	'	3,807
Mortgage backed securities	55,173	'	53,760
Total	99,382	'	95,801
Sales	$0	$0	'

LOANS_Details

LOANS (Details) (USD $)	Sep. 30, 2013	Jun. 30, 2013	Sep. 30, 2012	Jun. 30, 2012
In Thousands, unless otherwise specified	Sep. 30, 2013	Jun. 30, 2013	Sep. 30, 2012	Jun. 30, 2012
Loans	'	'	'	'
Total loans	$223,910	$223,128	$246,144	'
Net deferred loan fees	-1,220	-1,214	'	'
Allowance for loan losses	-832	-751	-930	-857
Loans, net	221,858	221,163	'	'
One-to-four family	'	'	'	'
Loans	'	'	'	'
Total loans	205,271	204,397	228,193	'
Allowance for loan losses	-747	-665	-844	-773
Multi-family	'	'	'	'
Loans	'	'	'	'
Total loans	256	258	262	'
Allowance for loan losses	-4	-4	-4	-4
Home equity	'	'	'	'
Loans	'	'	'	'
Total loans	268	292	383	'
Allowance for loan losses	-1	-1	-1	-1
Nonresidential	'	'	'	'
Loans	'	'	'	'
Total loans	8,365	8,521	9,110	'
Allowance for loan losses	-50	-52	-56	-56
Construction and land	'	'	'	'
Loans	'	'	'	'
Total loans	8,818	8,735	7,345	'
Allowance for loan losses	-28	-27	-22	-21
Real estate loans	'	'	'	'
Loans	'	'	'	'
Total loans	222,978	222,203	'	'
Consumer and other loans	'	'	'	'
Loans	'	'	'	'
Total loans	$932	$925	'	'

LOANS_Details_2

LOANS (Details 2) (USD $)

3 Months Ended

In Thousands, unless otherwise specified

Sep. 30, 2013

Sep. 30, 2012

Jun. 30, 2013

Sep. 30, 2013

Sep. 30, 2012

Jun. 30, 2013

Sep. 30, 2013

Jun. 30, 2013

Sep. 30, 2012

Jun. 30, 2012

Sep. 30, 2013

Jun. 30, 2013

Sep. 30, 2012

Jun. 30, 2012

Sep. 30, 2013

Jun. 30, 2013

Sep. 30, 2012

Jun. 30, 2012

Sep. 30, 2013

Sep. 30, 2012

Jun. 30, 2013

Sep. 30, 2012

Sep. 30, 2013

Jun. 30, 2013

One-to-four family

Multi-family

Home equity

Nonresidential

Construction and land

Consumer loans

Change in allowance for loan losses during the period

Beginning balance

$751

$857

$665

$773

$52

$56

$27

$21

Provision

141

139

-2

Charge-offs

-68

Ending balance

832

930

747

844

Allowance for loan losses:

Individually evaluated for impairment

110

192

110

192

Collectively evaluated for impairment

722

738

724

637

652

638

Total ending allowance balance

832

930

747

844

Loans:

Loans individually evaluated for impairment

3,203

2,756

1,986

3,203

2,756

1,986

Loans collectively evaluated for impairment

220,707

243,388

221,142

202,068

225,437

202,411

256

258

262

268

292

383

8,365

8,521

9,110

8,818

7,345

8,735

851

932

925

Total ending loans balance

$223,910

$246,144

$223,128

$205,271

$228,193

$204,397

$256

$258

$262

$268

$292

$383

$8,365

$8,521

$9,110

$8,818

$7,345

$8,735

$851

$932

$925

LOANS_Details_3

LOANS (Details 3) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Jun. 30, 2013
With no recorded allowance:	'	'
Unpaid Principal Balance	$929	$1,734
Recorded Investment	929	1,734
Average Recorded Investment	1,332	1,202
Interest Income Recognized	9	27
With recorded allowance:	'	'
Unpaid Principal Balance	2,274	252
Recorded Investment	2,274	252
Related Allowance	110	27
Average Recorded Investment	1,263	1,033
Interest Income Recognized	7	6
Total:	'	'
Unpaid Principal Balance	3,203	1,986
Recorded Investment	3,203	1,986
Related Allowance	110	27
Average Recorded Investment	2,595	2,235
Interest Income Recognized	16	33
One-to-four family	'	'
With no recorded allowance:	'	'
Unpaid Principal Balance	929	1,734
Recorded Investment	929	1,734
Average Recorded Investment	1,332	1,202
Interest Income Recognized	9	27
With recorded allowance:	'	'
Unpaid Principal Balance	2,274	252
Recorded Investment	2,274	252
Related Allowance	110	27
Average Recorded Investment	1,263	1,033
Interest Income Recognized	7	6
Total:	'	'
Related Allowance	110	27
Real estate loans	'	'
With no recorded allowance:	'	'
Unpaid Principal Balance	929	1,734
Recorded Investment	929	1,734
Average Recorded Investment	1,332	1,202
Interest Income Recognized	9	27
With recorded allowance:	'	'
Unpaid Principal Balance	2,274	252
Recorded Investment	2,274	252
Related Allowance	110	27
Average Recorded Investment	1,263	1,033
Interest Income Recognized	7	6
Total:	'	'
Unpaid Principal Balance	3,203	1,986
Recorded Investment	3,203	1,986
Related Allowance	110	27
Average Recorded Investment	2,595	2,235
Interest Income Recognized	$16	$33

LOANS_Details_4

LOANS (Details 4) (USD $)	3 Months Ended	12 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Jun. 30, 2013	Sep. 30, 2012
	item	item	Sep. 30, 2012
Aging of the recorded investment in past due loans by portfolio class of loans	'	'	'
30-59 Days Past Due	$3,774	$5,963	'
60-89 Days Past Due	1,163	2,397	'
90 Days or More Past Due	2,806	1,726	'
Total Past Due	7,743	10,086	'
Current	216,167	213,042	'
Total ending loans balance	223,910	223,128	246,144
Accruing loans past due 90 days or more	'	493	'
Nonaccrual loans	3,203	1,493	'
Period past due for non-accrual status	'90 days	'90 days	'
Carrying amount of nonaccrual loan in 60-89 days past due category	223	'	'
Carrying amount of nonaccrual loan in 30-59 days past due category	174	73	'
Number of nonaccrual loans in 30-59 days past due category	'	1	'
Number of troubled debt restructures	0	0	'
Number of loan portfolio segments	6	'	'
One-to-four family	'	'	'
Aging of the recorded investment in past due loans by portfolio class of loans	'	'	'
30-59 Days Past Due	3,753	5,932	'
60-89 Days Past Due	1,163	2,397	'
90 Days or More Past Due	2,806	1,726	'
Total Past Due	7,722	10,055	'
Current	197,549	194,342	'
Total ending loans balance	205,271	204,397	228,193
Accruing loans past due 90 days or more	'	493	'
One-to-four family \| Maximum	'	'	'
Aging of the recorded investment in past due loans by portfolio class of loans	'	'	'
Loan-to-value ratio (as a percent)	80.00%	'	'
Multi-family	'	'	'
Aging of the recorded investment in past due loans by portfolio class of loans	'	'	'
Current	256	258	'
Total ending loans balance	256	258	262
Amortization period of financing receivable	'30 years	'	'
Multi-family \| Minimum	'	'	'
Aging of the recorded investment in past due loans by portfolio class of loans	'	'	'
Number of units in each property to pledge the property as collateral	5	'	'
Multi-family \| Maximum	'	'	'
Aging of the recorded investment in past due loans by portfolio class of loans	'	'	'
Term of financing receivable	'5 years	'	'
Loans made as a percentage of lesser of appraised value or purchase price	75.00%	'	'
Home equity	'	'	'
Aging of the recorded investment in past due loans by portfolio class of loans	'	'	'
30-59 Days Past Due	'	30	'
Total Past Due	'	30	'
Current	268	262	'
Total ending loans balance	268	292	383
Amortization period of financing receivable	'10 years	'	'
Home equity \| Maximum	'	'	'
Aging of the recorded investment in past due loans by portfolio class of loans	'	'	'
Loan-to-value ratio (as a percent)	80.00%	'	'
Term of financing receivable	'10 years	'	'
Nonresidential	'	'	'
Aging of the recorded investment in past due loans by portfolio class of loans	'	'	'
30-59 Days Past Due	21	'	'
Total Past Due	21	'	'
Current	8,344	8,521	'
Total ending loans balance	8,365	8,521	9,110
Amortization period of financing receivable	'30 years	'	'
Nonresidential \| Maximum	'	'	'
Aging of the recorded investment in past due loans by portfolio class of loans	'	'	'
Loan-to-value ratio (as a percent)	75.00%	'	'
Term of financing receivable	'30 years	'	'
Term of loans secured by church property	'20 years	'	'
Amortization period of loans secured by church property	'20 years	'	'
Construction and land	'	'	'
Aging of the recorded investment in past due loans by portfolio class of loans	'	'	'
Current	8,818	8,735	'
Total ending loans balance	8,818	8,735	7,345
Construction and land \| Maximum	'	'	'
Aging of the recorded investment in past due loans by portfolio class of loans	'	'	'
Term of financing receivable	'8 months	'	'
Loan-to-value ratio for owner-occupied loans (as a percent)	80.00%	'	'
Loan-to-value ratio of loans secured by land for improved lots (as a percent)	75.00%	'	'
Loan-to-value ratio of loans secured by land for unimproved land (as a percent)	65.00%	'	'
Term of loans secured by land	'10 years	'	'
Real estate loans	'	'	'
Aging of the recorded investment in past due loans by portfolio class of loans	'	'	'
30-59 Days Past Due	3,774	5,962	'
60-89 Days Past Due	1,163	2,397	'
90 Days or More Past Due	2,806	1,726	'
Total Past Due	7,743	10,085	'
Current	215,235	212,118	'
Total ending loans balance	222,978	222,203	'
Accruing loans past due 90 days or more	'	493	'
Consumer and other loans	'	'	'
Aging of the recorded investment in past due loans by portfolio class of loans	'	'	'
30-59 Days Past Due	'	1	'
Total Past Due	'	1	'
Current	932	924	'
Total ending loans balance	$932	$925	'
Consumer and other loans \| Minimum	'	'	'
Aging of the recorded investment in past due loans by portfolio class of loans	'	'	'
Term of financing receivable for secured by vehicle	'18 months	'	'
Consumer and other loans \| Maximum	'	'	'
Aging of the recorded investment in past due loans by portfolio class of loans	'	'	'
Term of financing receivable for unsecured loans	'18 months	'	'
Term of financing receivable for secured by marketable securities	'12 months	'	'
Term of financing receivable for secured by vehicle	'60 months	'	'

LOANS_Details_5

LOANS (Details 5) (USD $)	Sep. 30, 2013	Jun. 30, 2013	Sep. 30, 2012
In Thousands, unless otherwise specified	Sep. 30, 2013	Jun. 30, 2013	Sep. 30, 2012
Loan grade for each loan by portfolio segment and class	'	'	'
Loans, gross amount	$223,910	$223,128	$246,144
One-to-four family	'	'	'
Loan grade for each loan by portfolio segment and class	'	'	'
Loans, gross amount	205,271	204,397	228,193
Multi-family	'	'	'
Loan grade for each loan by portfolio segment and class	'	'	'
Loans, gross amount	256	258	262
Home equity	'	'	'
Loan grade for each loan by portfolio segment and class	'	'	'
Loans, gross amount	268	292	383
Nonresidential	'	'	'
Loan grade for each loan by portfolio segment and class	'	'	'
Loans, gross amount	8,365	8,521	9,110
Construction and land	'	'	'
Loan grade for each loan by portfolio segment and class	'	'	'
Loans, gross amount	8,818	8,735	7,345
Consumer loans	'	'	'
Loan grade for each loan by portfolio segment and class	'	'	'
Loans, gross amount	932	925	851
Pass	'	'	'
Loan grade for each loan by portfolio segment and class	'	'	'
Loans, gross amount	220,707	221,142	'
Pass \| One-to-four family	'	'	'
Loan grade for each loan by portfolio segment and class	'	'	'
Loans, gross amount	202,068	202,411	'
Pass \| Multi-family	'	'	'
Loan grade for each loan by portfolio segment and class	'	'	'
Loans, gross amount	256	258	'
Pass \| Home equity	'	'	'
Loan grade for each loan by portfolio segment and class	'	'	'
Loans, gross amount	268	292	'
Pass \| Nonresidential	'	'	'
Loan grade for each loan by portfolio segment and class	'	'	'
Loans, gross amount	8,365	8,521	'
Pass \| Construction and land	'	'	'
Loan grade for each loan by portfolio segment and class	'	'	'
Loans, gross amount	8,818	8,735	'
Pass \| Consumer loans	'	'	'
Loan grade for each loan by portfolio segment and class	'	'	'
Loans, gross amount	932	925	'
Substandard	'	'	'
Loan grade for each loan by portfolio segment and class	'	'	'
Loans, gross amount	3,203	1,986	'
Substandard \| One-to-four family	'	'	'
Loan grade for each loan by portfolio segment and class	'	'	'
Loans, gross amount	$3,203	$1,986	'

FAIR_VALUE_OF_FINANCIAL_INSTRU2

FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) (Fair Value Measurements Using Significant Other Observable Inputs (Level 2), USD $)	Sep. 30, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified	Sep. 30, 2013	Jun. 30, 2013
Financial assets:	'	'
Securities available-for-sale	$90,891	$87,985
Recurring basis	'	'
Financial assets:	'	'
Securities available-for-sale	90,891	87,985
Total financial assets	$90,891	$87,985

FAIR_VALUE_OF_FINANCIAL_INSTRU3

FAIR VALUE OF FINANCIAL INSTRUMENTS (Details 2) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Jun. 30, 2013
Impaired real estate loans, with specific allocations:	'	'	'
Valuation allowances of impaired loans	$110	'	$27
Change in valuation allowance	81	141	'
Real estate owned, net:	'	'	'
Real estate owned	857	'	1,047
Assets measured at fair value	'	'	'
Outstanding balance of real estate owned	857	'	1,047
Valuation allowances on real estate owned	0	'	0
One-to-four family	'	'	'
Impaired real estate loans, with specific allocations:	'	'	'
Valuation allowances of impaired loans	110	'	27
Carrying value	'	'	'
Impaired real estate loans, with specific allocations:	'	'	'
Loans	221,858	'	221,163
Carrying value \| One-to-four family \| Impaired loans	'	'	'
Impaired real estate loans, with specific allocations:	'	'	'
Loans	2,164	'	225
Level 3	'	'	'
Impaired real estate loans, with specific allocations:	'	'	'
Loans	228,707	'	229,745
Non-recurring basis	'	'	'
Assets measured at fair value	'	'	'
Write-downs resulting from measurement of real estate owned at the lower of carrying or fair value less costs to sell	0	'	'
Non-recurring basis \| One-to-four family \| Impaired loans	'	'	'
Impaired real estate loans, with specific allocations:	'	'	'
Valuation allowances of impaired loans	110	'	27
Change in valuation allowance	82	'	'
Non-recurring basis \| Level 3	'	'	'
Assets measured at fair value	'	'	'
Total non-financial assets	857	'	1,047
Total assets measured at fair value	3,021	'	1,272
Non-recurring basis \| Level 3 \| One-to-four family	'	'	'
Real estate owned, net:	'	'	'
Real estate owned	857	'	1,047
Non-recurring basis \| Level 3 \| One-to-four family \| Impaired loans	'	'	'
Impaired real estate loans, with specific allocations:	'	'	'
Loans	$2,164	'	$225

FAIR_VALUE_OF_FINANCIAL_INSTRU4

FAIR VALUE OF FINANCIAL INSTRUMENTS (Details 3) (USD $)

Sep. 30, 2013

Jun. 30, 2013

Sep. 30, 2013

Jun. 30, 2013

Sep. 30, 2013

Jun. 30, 2013

Sep. 30, 2013

Jun. 30, 2013

Sep. 30, 2013

In Thousands, unless otherwise specified

Level 3

Non-recurring basis

Level 3

One-to-four family

Sales comparison approach

Impaired loans

Minimum

Maximum

Weighted Average

Sales comparison approach

Minimum

Maximum

Weighted Average

Valuation techniques

Impaired real estate loans net, with specific allocations

$228,707

$229,745

$2,164

$225

Real estate owned

$857

$1,047

$857

$1,047

Adjustment for differences between the comparable sales (as a percent)

0.00%

20.00%

10.00%

0.00%

30.00%

15.00%

FAIR_VALUE_OF_FINANCIAL_INSTRU5

FAIR VALUE OF FINANCIAL INSTRUMENTS (Details 4) (USD $)	Sep. 30, 2013	Jun. 30, 2013
In Thousands, unless otherwise specified	Sep. 30, 2013	Jun. 30, 2013
Carrying Amount	'	'
Financial assets	'	'
Securities available-for-sale	$90,891	$87,985
Securities held-to-maturity	8,726	8,039
Loans, net	221,858	221,163
Restricted equity securities	449	449
Financial liabilities	'	'
Deposits	288,784	292,422
Level 1	'	'
Financial liabilities	'	'
Deposits	75,616	74,471
Level 2	'	'
Financial assets	'	'
Securities available-for-sale	90,891	87,985
Securities held-to-maturity	8,890	8,223
Financial liabilities	'	'
Deposits	213,593	218,395
Level 3	'	'
Financial assets	'	'
Loans, net	228,707	229,745
Fair Value	'	'
Financial assets	'	'
Securities available-for-sale	90,891	87,985
Securities held-to-maturity	8,890	8,223
Loans, net	228,707	229,745
Financial liabilities	'	'
Deposits	$292,324	$292,866

EMPLOYEE_STOCK_OWNERSHIP_PLAN_1

EMPLOYEE STOCK OWNERSHIP PLAN (Details) (USD $)	3 Months Ended
In Thousands, except Share data, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012	Jun. 30, 2013	Jun. 30, 2011
EMPLOYEE STOCK OWNERSHIP PLAN	'	'	'	'
Common stock, price per share (in dollars per share)	'	'	'	$10
Contributions to ESOP	$0	'	'	'
ESOP compensation expense recognized	67	48	'	'
Shares held by the ESOP	'	'	'	'
Committed to be released to participants (in shares)	13,595	'	9,064	'
Allocated to participants (in shares)	33,211	'	33,211	'
Unearned (in shares)	202,036	'	206,567	'
Total ESOP shares	248,842	'	248,842	'
Fair value of unearned shares	$3,333,594	'	$3,059,257	'

STOCK_BASED_COMPENSATION_Detai

STOCK BASED COMPENSATION (Details) (USD $)

Apr. 05, 2012

Jun. 30, 2011

Sep. 30, 2013

Sep. 30, 2012

Apr. 05, 2012

Sep. 30, 2013

Apr. 27, 2012

Sep. 30, 2013

Sep. 30, 2012

Jun. 30, 2012

Apr. 05, 2012

Sep. 30, 2013

Apr. 27, 2012

In Thousands, except Share data, unless otherwise specified

Stock options

Restricted stock

Minimum

Maximum

Weighted average

Directors

Officers

Minimum

Maximum

Weighted average

Directors

Officers

Stock based compensation

Shares authorized

435,472

311,052

124,420

Granted (in shares)

62,208

171,078

Granted (in shares)

24,884

62,210

Vesting period

'5 years

'7 years

'5 years 8 months 12 days

'5 years

'7 years

'5 years 7 months 6 days

Expiration term

'10 years

Options

Outstanding at the beginning of the period (in shares)

233,286

Outstanding at the end of the period (in shares)

233,286

Fully vested and exercisable at the end of the period (in shares)

42,214

Expected to vest in future periods (in shares)

191,072

Fully vested and expected to vest at the end of the period (in shares)

233,286

Weighted Average Exercise Price/Share

Outstanding at the beginning of the period (in dollars per share)

$11.58

Outstanding at the end of the period (in dollars per share)

$11.58

Fully vested and exercisable at the end of the period (in dollars per share)

$11.58

Fully vested and expected to vest at the end of the period (in dollars per share)

$11.58

Weighted Average Remaining Contractual Life (in years)

Outstanding at the end of the period

'8 years 6 months 29 days

Fully vested and exercisable at the end of the period

'8 years 6 months 29 days

Fully vested and expected to vest at the end of the period

'8 years 6 months 29 days

Aggregate Intrinsic Value

Outstanding at the end of the period

$1,147,767

Fully vested and exercisable at the end of the period

207,693

Fully vested and expected to vest at the end of the period

1,147,767

Closing price (in dollars per share)

$10

$16.50

Weighted average assumptions

Risk-free interest rate (as a percent)

1.54%

Expected dividend yield (as a percent)

3.45%

Expected stock volatility (as a percent)

15.30%

Expected life

'8 years

Weighted-average fair value of options granted (in dollars per share)

Stock-based compensation

Options earned (in shares)

10,640

Stock-based compensation expense

Total unrecognized compensation cost related to nonvested stock options

170

Unrecognized compensation expense for nonvested restricted stock awards

730

Expected period for recognition

'4 years 2 months 12 days

Non-vested stock activity

Balance at the beginning of the period (in shares)

71,095

Balance at the end of the period (in shares)

71,095

Weighted average grant date fair value (in dollars per share)

$11.58

Total grant date fair value

$1,009

SUPPLEMENTAL_CASH_FLOW_INFORMA2

SUPPLEMENTAL CASH FLOW INFORMATION (Details) (USD $)	3 Months Ended
In Thousands, unless otherwise specified	Sep. 30, 2013	Sep. 30, 2012
Cash paid during the period for:	'	'
Interest paid	$430	$620
Income taxes paid	200	35
Supplemental noncash disclosures:	'	'
Transfers from loans to real estate owned	'	583
Unrealized gains (losses) on securities available-for-sale, net	($6)	$383

SUBSEQUENT_EVENTS_Details

SUBSEQUENT EVENTS (Details) (USD $)	0 Months Ended	3 Months Ended
SUBSEQUENT EVENTS (Details) (USD $)	Oct. 24, 2013	Sep. 30, 2013	Sep. 30, 2012
SUBSEQUENT EVENTS	'	'	'
Dividends declared per share (in dollars per share)	$0.10	$0.10	$0.10