IF Bancorp (IROQ) 10-K 21 Sep 15 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Jun. 30, 2015	Sep. 14, 2015	Dec. 31, 2014
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Jun. 30, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Trading Symbol	IROQ
Entity Registrant Name	IF Bancorp, Inc.
Entity Central Index Key	1,514,743
Current Fiscal Year End Date	--06-30
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		4,053,274
Entity Public Float			$ 56,359,136

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Assets
Cash and due from banks	$ 12,473	$ 12,615
Interest-bearing demand deposits	751	116
Cash and cash equivalents	13,224	12,731
Interest-bearing time deposits in banks	250	250
Available-for-sale securities	170,630	184,586
Loans, net of allowance for loan losses of $4,211 and $3,958 at June 30, 2015 and 2014, respectively	356,194	329,924
Premises and equipment, net of accumulated depreciation of $5,681 and $5,253 at June 30, 2015 and 2014, respectively	4,800	5,124
Federal Home Loan Bank stock, at cost	5,425	5,425
Foreclosed assets held for sale	50	436
Accrued interest receivable	1,673	1,788
Bank-owned life insurance	8,289	8,025
Mortgage servicing rights	505	506
Deferred income taxes	2,249	2,059
Other	379	489
Total assets	563,668	551,343
Deposits
Demand	17,173	16,705
Savings, NOW and money market	150,759	132,638
Certificates of deposit	208,051	219,675
Brokered certificates of deposit	39,561	35,575
Total deposits	415,544	404,593
Repurchase agreements	4,024	2,324
Federal Home Loan Bank advances	58,000	56,750
Advances from borrowers for taxes and insurance	955	997
Accrued post-retirement benefit obligation	2,654	2,387
Accrued interest payable	65	96
Other	1,990	2,110
Total liabilities	$ 483,232	$ 469,257
Commitments and Contingencies
Stockholders' Equity
Common stock, $.01 par value, 100,000,000 shares authorized, 4,079,274 and 4,377,657 shares issued and outstanding at June 30, 2015 and 2014, respectively	$ 41	$ 44
Additional paid-in capital	47,009	46,689
Unearned ESOP shares, at cost, 307,920 and 327,165 shares at June 30, 2015 and 2014, respectively	(3,079)	(3,272)
Retained earnings	35,466	37,544
Accumulated other comprehensive income, net of tax	999	1,081
Total stockholders' equity	80,436	82,086
Total liabilities and stockholders' equity	$ 563,668	$ 551,343

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Statement of Financial Position [Abstract]
Allowance for loan losses	$ 4,211	$ 3,958
Premises and equipment, accumulated depreciation	$ 5,681	$ 5,253
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, shares issued	4,079,274	4,377,657
Common stock, shares outstanding	4,079,274	4,377,657
Unearned ESOP shares	307,920	327,165

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Interest Income
Interest and fees on loans	$ 14,321	$ 13,761
Securities
Taxable	4,380	5,064
Tax-exempt	150	99
Federal Home Loan Bank dividends	30	29
Deposits with financial institutions	14	8
Total interest and dividend income	18,895	18,961
Interest Expense
Deposits	2,433	2,322
Federal Home Loan Bank advances and repurchase agreements	793	826
Total interest expense	3,226	3,148
Net Interest Income	15,669	15,813
Provision for Loan Losses	460	502
Net Interest Income After Provision for Loan Losses	15,209	15,311
Noninterest Income
Customer service fees	506	532
Other service charges and fees	122	109
Insurance commissions	720	684
Brokerage commissions	732	704
Net realized losses on sale of available-for-sale securities	(24)	(123)
Mortgage banking income, net	185	197
Gain on sale of loans	123	90
Bank-owned life insurance income, net	264	268
Other	692	607
Total noninterest income	3,320	3,068
Noninterest Expense
Compensation and benefits	8,474	8,350
Office occupancy	565	528
Equipment	995	869
Federal deposit insurance	301	279
Stationary, printing and office	184	171
Advertising	386	426
Professional services	515	348
Supervisory examination	149	152
Audit and accounting services	101	144
Organizational dues and subscriptions	50	50
Insurance bond premiums	119	121
Telephone and postage	256	262
Loss on foreclosed assets, net	106	202
Other	1,219	1,138
Total noninterest expense	13,420	13,040
Income Before Income Tax	5,109	5,339
Provision for Income Taxes	1,835	1,862
Net Income	$ 3,274	$ 3,477
Earnings Per Share:
Basic and diluted	$ 0.83	$ 0.84
Dividends Paid Per Share	$ 0.10	$ 0.10

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 3,274	$ 3,477
Other Comprehensive Income (Loss)
Unrealized appreciation on available-for-sale securities, net of taxes	27	1,427
Less: reclassification adjustment for realized losses included in net income, net of taxes	(14)	(73)
Accumulated other comprehensive income (loss) before tax	41	1,500
Postretirement health plan amortization of transition obligation and prior service cost and change in net loss, net of taxes	(123)	(34)
Other comprehensive income (loss), net of tax	(82)	1,466
Comprehensive Income	$ 3,192	$ 4,943

Consolidated Statements of Com6

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Unrealized appreciation on available-for-sale securities, taxes	$ 19	$ 962
Reclassification adjustment for realized losses included in net income, taxes	(10)	(50)
Postretirement health plan amortization of transition obligation and prior service cost and change in net loss, taxes	$ (83)	$ (26)

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock [Member]	Additional Paid-In Capital [Member]	Unearned ESOP Shares [Member]	Retained Earnings [Member]	Accumulated Other Comprehensive Income (Loss) [Member]
Beginning Balance at Jun. 30, 2013	$ 81,749	$ 46	$ 46,451	$ (3,464)	$ 39,101	$ (385)
Net income	3,477				3,477
Other comprehensive income (loss)	1,466					1,466
Dividends on common stock	(415)				(415)
Stock equity plan	119	1	118
Stock repurchase	(4,622)	(3)			(4,619)
ESOP shares earned	312		120	192
Ending Balance at Jun. 30, 2014	82,086	44	46,689	(3,272)	37,544	1,081
Net income	3,274				3,274
Other comprehensive income (loss)	(82)					(82)
Dividends on common stock	(403)				(403)
Stock equity plan	203		203
Stock repurchase	(4,952)	(3)			(4,949)
ESOP shares earned	310		117	193
Ending Balance at Jun. 30, 2015	$ 80,436	$ 41	$ 47,009	$ (3,079)	$ 35,466	$ 999

Consolidated Statements of Sto8

Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Dividends declared per common share	$ 0.10	$ 0.10
Repurchase of stock during the period, shares	298,383	278,535
Repurchase of stock, average price	$ 16.60	$ 16.59
ESOP shares earned, shares	19,245	19,245
Retained Earnings [Member]
Dividends declared per common share	$ 0.10	$ 0.10

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Operating Activities
Net income	$ 3,274	$ 3,477
Items not requiring (providing) cash
Depreciation	430	418
Provision for Loan Losses	460	502
Amortization of premiums and discounts on securities	569	964
Deferred income taxes	(135)	167
Net realized gains on loan sales	(123)	(287)
Net realized losses on sales of available-for-sale securities	24	123
Loss on foreclosed real estate held for sale	106	202
Bank-owned life insurance income, net	(264)	(268)
Originations of loans held for sale	(9,793)	(7,380)
Proceeds from sales of loans held for sale	10,136	7,842
ESOP compensation expense	310	312
Stock equity plan expense	203	119
Changes in
Accrued interest receivable	115	(100)
Other assets	110	317
Accrued interest payable	(31)	52
Post retirement benefit obligation	61	(16)
Other liabilities	(120)	55
Net cash provided by operating activities	5,332	6,499
Investing Activities
Purchases of available-for-sale securities	(49,003)	(73,331)
Proceeds from the sales of available-for-sale securities	50,773	81,718
Proceeds from maturities and paydowns of available-for-sale securities	11,663	9,279
Net change in loans	(27,248)	(15,500)
Purchase of premises and equipment	(106)	(1,249)
Proceeds from the sale of foreclosed assets	578	450
Net cash provided by (used in) investing activities	(13,343)	1,367
Financing Activities
Net increase in demand deposits, money market, NOW and savings accounts	18,589	4,744
Net increase (decrease) in certificates of deposit, including brokered certificates	(7,638)	28,647
Net increase (decrease) in advances from borrowers for taxes and insurance	(42)	31
Proceeds from Federal Home Loan Bank advances	269,000	395,750
Repayment of Federal Home Loan Bank advances	(267,750)	(426,500)
Net increase in repurchase agreements	1,700	650
Dividends paid	(403)	(415)
Stock purchase per stock repurchase plan	(4,952)	(4,622)
Net cash provided by (used in) financing activities	8,504	(1,715)
Increase (Decrease) in Cash and Cash Equivalents	493	6,151
Cash and Cash Equivalents, Beginning of Year	12,731	6,580
Cash and Cash Equivalents, End of Year	13,224	12,731
Supplemental Cash Flows Information
Interest paid	3,257	3,096
Income taxes paid (net of refunds)	1,761	1,897
Foreclosed assets acquired in settlement of loans	$ 298	$ 670

Nature of Operations and Summar

Nature of Operations and Summary of Significant Accounting Policies	12 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations and Summary of Significant Accounting Policies	Note 1: Nature of Operations and Summary of Significant Accounting Policies Nature of Operations IF Bancorp, Inc., (“IF Bancorp” or the “Company”) is a Maryland corporation whose principal activity is the ownership and management of its wholly-owned subsidiary, Iroquois Federal Savings and Loan Association (“Iroquois Federal” or the “Association”). The Association is primarily engaged in providing a full range of banking and financial services to individual and corporate customers within a 100-mile radius of its locations in Watseka, Danville, Clifton, Hoopeston and Savoy, Illinois and Osage Beach, Missouri. The principal activity of the Association’s wholly-owned subsidiary, L.C.I. Service Corporation (“L.C.I.”), is the sale of property and casualty insurance. The Company is primarily engaged in the business of directing, planning, and coordinating the business activities of the Association. The Company and Association are subject to competition from other financial institutions. The Company and Association are also subject to the regulation of certain federal and state agencies and undergo periodic examinations by those regulatory authorities. Principles of Consolidation The consolidated financial statements include the accounts of the Company, the Association and Association’s wholly owned subsidiary, L.C.I. All significant intercompany accounts and transactions have been eliminated in consolidation. Operating Segment The Company provides community banking services, including such products and services as loans, certificates of deposits, savings accounts, and mortgage originations. These activities are reported as a single operating segment. The Company does not derive revenues from, or have assets located in, foreign countries, nor does it derive revenues from any single customer that represents 10% or more of the Company’s total revenues. Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses and the valuation of real estate acquired in connection with foreclosures or in satisfaction of loans, fair value measurements and classifications of investment securities, loan servicing rights and income taxes. Interest-bearing Deposits in Banks Interest-bearing deposits in banks mature within five years and are carried at cost. Cash Equivalents The Company considers all liquid investments with original maturities of three months or less to be cash equivalents. At June 30, 2015 and 2014, cash equivalents consisted primarily of noninterest bearing deposits and interest bearing demand deposits. Securities Securities are classified as “available for sale” and recorded at fair value, with unrealized gains and losses excluded from earnings and reported in other comprehensive income (loss). Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Gains and losses on the sale of securities are recorded on the trade date and are determined using the specific identification method. Loans Held for Sale Mortgage loans originated and intended for sale in the secondary market are carried at the lower of cost or fair value in the aggregate. Net unrealized losses, if any, are recognized through a valuation allowance by charges to noninterest income. Gains and losses on loan sales are recorded in noninterest income, and direct loan origination costs and fees are deferred at origination of the loan and are recognized in noninterest income upon sale of the loan. Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoffs are reported at their outstanding principal balances adjusted for unearned income, charge-offs, the allowance for loan losses, and any unamortized deferred fees or costs on originated loans. For loans amortized at cost, interest income is accrued based on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and amortized as a level yield adjustment over the respective term of the loan. The accrual of interest on loans is discontinued at the time the loan is 90 days past due unless the credit is well-secured and in process of collection. Past due status is based on contractual terms of the loan. In all cases, loans are placed on nonaccrual or charged off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued but not collected for loans that are placed on nonaccrual or charged off are reversed against interest income. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. Allowance for Loan Losses The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to income. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectibility of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The allowance consists of allocated and general components. The allocated component relates to loans that are classified as impaired. For those loans that are classified as impaired, an allowance is established when the collateral value of the impaired loan is lower than the carrying value of that loan. The general component covers nonclassified loans and is based on historical charge-off experience and expected loss given default derived from the Company’s internal risk rating process. Other adjustments may be made to the allowance for pools of loans after an assessment of internal or external influences on credit quality that are not fully reflected in the historical loss or risk rating data. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis for commercial and construction loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price or the fair value of the collateral if the loan is collateral dependent. Groups of loans with similar characteristics, including individually evaluated loans not determined to be impaired, are collectively evaluated for impairment based on the group’s historical loss experience adjusted for changes in trends, conditions and other relevant factors that affect repayment of the loans. Premises and Equipment Depreciable assets are stated at cost less accumulated depreciation. Depreciation is charged to expense using the straight-line method over the estimated useful lives of the assets. The estimated useful lives for each major depreciable classification of premises and equipment are as follows: Buildings and improvements 35-40 years Furniture and equipment 3-5 years Federal Home Loan Bank Stock Federal Home Loan Bank stock is a required investment for institutions that are members of the Federal Home Loan Bank system. The required investment in the common stock is based on a predetermined formula, carried at cost and evaluated for impairment. Foreclosed Assets Held for Sale Assets acquired through, or in lieu of, loan foreclosure are held for sale and are initially recorded at fair value less cost to sell at the date of foreclosure, establishing a new cost basis. Subsequent to foreclosure, valuations are periodically performed by management and the assets are carried at the lower of carrying amount or fair value less cost to sell. Revenue and expenses from operations and changes in the valuation allowance are included in net income or expense from foreclosed assets. Bank-owned Life Insurance Bank-owned life insurance policies are reflected on the consolidated balance sheets at the estimated cash surrender value. Changes in the cash surrender value are reflected in noninterest income in the consolidated statements of income. Fee Income Loan origination fees, net of direct origination costs, are recognized as income using the level-yield method over the contractual life of the loans. Mortgage Servicing Rights Mortgage servicing assets are recognized separately when rights are acquired through purchase or through sale of financial assets. Under the servicing assets and liabilities accounting guidance (ASC 860-50), servicing rights resulting from the sale or securitization of loans originated by the Company are initially measured at fair value at the date of transfer. The Company has elected to initially and subsequently measure the mortgage servicing rights for consumer mortgage loans using the fair value method. Under the fair value method, the servicing rights are carried in the balance sheet at fair value and the changes in fair value are reported in earnings in the period in which the changes occur. Fair value is based on market prices for comparable mortgage servicing contracts, when available, or alternatively, is based on a valuation model that calculates the present value of estimated future net servicing income. The valuation model incorporates assumptions that market participants would use in estimating future net servicing income, such as the cost to service, the discount rate, the custodial earnings rate, an inflation rate, ancillary income, prepayment speeds and default rates and losses. These variables change from quarter to quarter as market conditions and projected interest rates change, and may have an adverse impact on the value of the mortgage servicing right and may result in a reduction to noninterest income. Servicing fee income is recorded for fees earned for servicing loans. The fees are based on a contractual percentage of the outstanding principal or a fixed amount per loan and are recorded as income when earned. The change in fair value of mortgage servicing rights is netted against loan servicing fee income. Transfers of Financial Assets Transfers of financial assets are accounted for as sales, when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company – put presumptively beyond the reach of the transferor and its creditors, even in bankruptcy or other receivership, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity or the ability to unilaterally cause the holder to return specific assets. Income Taxes The Company accounts for income taxes in accordance with income tax accounting guidance (ASC 740, Income Taxes Tax positions are recognized if it is more likely than not, based on the technical merits, that the tax position will be realized or sustained upon examination. The term more likely than not means a likelihood of more than 50 percent; the terms examined and upon examination also include resolution of the related appeals or litigation processes, if any. A tax position that meets the more-likely-than-not recognition threshold is initially and subsequently measured as the largest amount of tax benefit that has a greater than 50 percent likelihood of being realized upon settlement with a taxing authority that has full knowledge of all relevant information. The determination of whether or not a tax position has met the more-likely-than-not recognition threshold considers the facts, circumstances and information available at the reporting date and is subject to management’s judgment. With a few exceptions, the Company is no longer subject to U.S. federal, state and local or non-U.S. income tax examinations by tax authorities for years before 2011. The Company recognizes interest and penalties on income taxes as a component of income tax expense. The Company files consolidated income tax returns with its subsidiary. Earnings Per Share Basic earnings per share represents income available to common stockholders divided by the weight-average number of common shares outstanding during each year. Diluted earnings per share reflects additional potential common shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustment to income that would result from the assumed issuance. Potential common shares that may be issued by the Company relate solely to outstanding stock options and restricted stock awards and are determined using the treasury stock method. Comprehensive Income Comprehensive income consists of net income and other comprehensive income (loss), net of applicable income taxes. Other comprehensive income (loss) includes unrealized appreciation (depreciation) on available-for-sale securities and changes in the funded status of the postretirement health benefit plan. Stock-based Compensation Plans At June 30, 2015, the Company has stock-based compensation plans (stock options and restricted stock) which are described more fully in Note 15. Transfers between Fair Value Hierarchy Levels Transfers in and out of Level 1 (quoted market prices), Level 2 (other significant observable inputs) and Level 3 (significant unobservable inputs) are recognized on the period ending date. Recent and Future Accounting Requirements In May, 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606). The update provides a five-step revenue recognition model for all revenue arising from contracts with customers and affects all entities that enter into contracts to provide goods or services to their customers (unless the contracts are included in the scope of other standards). The guidance requires an entity to recognize the revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services. For public entities, the guidance is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period, and must be applied either retrospectively or using the modified retrospective approach. Early adoption is not permitted. In April 2015, the Financial Accounting Standards Board voted for a one year deferral of the effective date of ASU 2014-09. Management is evaluating the new guidance, but does not expect the adoption of this guidance to have a material impact on the Company’s Consolidated Financial Statements.

Securities

Securities	12 Months Ended
	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Securities	Note 2: Securities The amortized cost and approximate fair values, together with gross unrealized gains and losses, of securities are as follows: Amortized Gross Gross Fair Value Available-for-sale Securities: June 30, 2015: U.S. Government and federal agency and Government sponsored enterprises (GSEs) $ 105,742 $ 2,283 $ (87 ) $ 107,938 Mortgage-backed: GSE residential 59,213 531 (904 ) 58,840 State and political subdivisions 3,585 267 — 3,852 $ 168,540 $ 3,081 $ (991 ) $ 170,630 June 30, 2014: U.S. Government and federal agency and Government sponsored enterprises (GSEs) $ 112,511 $ 2,773 $ (622 ) $ 114,662 Mortgage-backed: GSE residential 67,033 721 (1,022 ) 66,732 State and political subdivisions 3,022 185 (15 ) 3,192 $ 182,566 $ 3,679 $ (1,659 ) $ 184,586 With the exception of U.S. Government and federal agency and GSE securities and Mortgage-backed-GSE residential securities with a book value of $105,742,000 and $59,213,000, respectively, and a market value of $107,938,000 and $58,840,000, respectively at June 30, 2015, the Company held no securities at June 30, 2015 with a book value that exceeded 10% of total equity. All mortgage-backed securities at June 30, 2015 and 2014 were issued by government sponsored enterprises. The amortized cost and fair value of available-for-sale securities at June 30, 2015, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. Amortized Fair Value Within one year $ 36 $ 36 One to five years 24,920 25,981 Five to ten years 82,384 83,657 After ten years 1,987 2,116 109,327 111,790 Mortgage-backed securities 59,213 58,840 Totals $ 168,540 $ 170,630 The carrying value of securities pledged as collateral, to secure public deposits and for other purposes, was $58,260,000 at June 30, 2015 and $50,144,000 at June 30, 2014. Gross gains of $516,000 and $1,174,000 and gross losses of $540,000 and $1,297,000 resulting from sales of available-for-sale securities were realized for 2015 and 2014, respectively. The tax credit applicable to these net realized losses amounted to approximately $(10,000) and $(50,000), respectively. Certain investments in debt securities are reported in the consolidated financial statements at an amount less than their historical cost. Total fair value of these investments at June 30, 2015 and 2014, was $49,541,000 and $69,616,000, respectively, which is approximately 29.0% and 37.7% of the Company’s available-for-sale investment portfolio. These declines primarily resulted from recent increases in market interest rates. Management believes the declines in fair value for these securities are temporary. The following table shows the Company’s gross unrealized investment losses and the fair value of the Company’s investments with unrealized losses that are not deemed to be other-than-temporarily impaired, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at June 30, 2015 and 2014: Less Than 12 Months 12 Months or More Total Description of Securities Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized June 30, 2015: U.S. Government and federal agency and Government sponsored enterprises (GSE’s) $ 9,913 $ (87 ) $ — $ — $ 9,913 $ (87 ) Mortgage-backed: GSE residential 20,875 (322 ) 18,753 (582 ) 39,628 (904 ) State and political subdivisions — — — — — — Total temporarily impaired securities $ 30,788 $ (409 ) $ 18,753 $ (582 ) $ 49,541 $ (991 ) June 30, 2014: U.S. Government and federal agency and Government sponsored enterprises (GSE’s) $ 6,616 $ (148 ) $ 17,370 $ (474 ) $ 23,986 $ (622 ) Mortgage-backed: GSE residential — — 44,585 (1,022 ) 44,585 (1,022 ) State and political subdivisions — — 1,045 (15 ) 1,045 (15 ) Total temporarily impaired securities $ 6,616 $ (148 ) $ 63,000 $ (1,511 ) $ 69,616 $ (1,659 ) The unrealized losses on the Company’s investment in residential mortgage-backed securities, state and political subdivisions, and U.S. Government and federal agency and Government sponsored enterprises were caused by interest rate increases. The Company expects to recover the amortized cost basis over the term of the securities. Because the decline in market value is attributable to changes in interest rates and not credit quality, and because the Company does not intend to sell the investments and it is not more likely than not the Company will be required to sell the investments before recovery of their amortized cost bases, which may be maturity, the Company does not consider those investments to be other-than-temporarily impaired at June 30, 2015.

Loans and Allowance for Loan Lo

Loans and Allowance for Loan Losses	12 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Loans and Allowance for Loan Losses	Note 3: Loans and Allowance for Loan Losses Classes of loans at June 30, include: 2015 2014 Real estate loans One- to four-family, including home equity loans $ 145,064 $ 149,549 Multi-family 58,399 61,603 Commercial 103,614 83,134 Home equity lines of credit 7,713 7,824 Construction 987 1,572 Commercial 37,151 23,120 Consumer 8,325 8,509 361,253 335,311 Less Unearned fees and discounts, net 155 104 Loans in process 693 1,325 Allowance for loan losses 4,211 3,958 Loans, net $ 356,194 $ 329,924 The Company had loans held for sale included in one- to four-family real estate loans totaling $93,000 and $313,000 as of June 30, 2015 and 2014, respectively. The Company believes that sound loans are a necessary and desirable means of employing funds available for investment. Recognizing the Company’s obligations to its depositors and to the communities it serves, authorized personnel are expected to seek to develop and make sound, profitable loans that resources permit and that opportunity affords. The Company maintains lending policies and procedures in place designed to focus our lending efforts on the types, locations, and duration of loans most appropriate for our business model and markets. The Company’s lending activity includes the origination of one- to four-family residential mortgage loans, multi-family loans, commercial real estate loans, home equity lines of credits, commercial business loans, consumer (consisting primarily of automobile loans), and, to a much lesser extent, construction loans and land loans. The primary lending market includes the Illinois counties of Vermilion, Iroquois and Champaign, as well as the adjacent counties in Illinois and Indiana. The Company also has a loan production and wealth management office in Osage Beach, Missouri, which serves the Missouri counties of Camden, Miller, and Morgan. Generally, loans are collateralized by assets, primarily real estate, of the borrowers and guaranteed by individuals. The loans are expected to be repaid from cash flows of the borrowers or from proceeds from the sale of selected assets of the borrowers. Management reviews and approves the Company’s lending policies and procedures on a routine basis. Management routinely (at least quarterly) reviews our allowance for loan losses and reports related to loan production, loan quality, concentrations of credit, loan delinquencies and non-performing and potential problem loans. Our underwriting standards are designed to encourage relationship banking rather than transactional banking. Relationship banking implies a primary banking relationship with the borrower that includes, at a minimum, an active deposit banking relationship in addition to the lending relationship. The integrity and character of the borrower are significant factors in our loan underwriting. As a part of underwriting, tangible positive or negative evidence of the borrower’s integrity and character are sought out. Additional significant underwriting factors beyond location, duration, the sound and profitable cash flow basis underlying the loan and the borrower’s character are the quality of the borrower’s financial history, the liquidity of the underlying collateral and the reliability of the valuation of the underlying collateral. The Company’s policies and loan approval limits are established by the Board of Directors. The loan officers generally have authority to approve one- to four-family residential mortgage loans up to $100,000, other secured loans up to $50,000, and unsecured loans up to $10,000. Managing Officers (those with designated loan approval authority), generally have authority to approve one- to four-family residential mortgage loans up to $300,000, other secured loans up to $300,000, and unsecured loans up to $100,000. In addition, any two individual officers may combine their loan authority limits to approve a loan. Our Loan Committee may approve one- to four-family residential mortgage loans, commercial real estate loans, multi-family real estate loans and land loans up to $1,000,000 in aggregate loans or $750,000 for individual loans, and unsecured loans up to $300,000. All loans above these limits must be approved by the Operating Committee, consisting of the Chairman, and up to four other Board members. At no time is a borrower’s total borrowing relationship to exceed our regulatory lending limit. Loans to related parties, including executive officers and the Company’s directors, are reviewed for compliance with regulatory guidelines and the Board of Directors at least annually. The Company conducts internal loan reviews that validate the loans against the Company’s loan policy quarterly for mortgage, consumer, and small commercial loans on a sample basis, and all larger commercial loans on an annual basis. The Company also receives independent loan reviews performed by a third party on larger commercial loans to be performed annually. In addition to compliance with our policy, the third party loan review process reviews the risk assessments made by our credit department, lenders and loan committees. Results of these reviews are presented to management and the Board of Directors. The Company’s lending can be summarized into six primary areas; one- to four-family residential mortgage loans, commercial real estate and multi-family real estate loans, home equity lines of credits, real estate construction, commercial business loans, and consumer loans. One- to four-family Residential Mortgage Loans The Company offers one- to four-family residential mortgage loans that conform to Fannie Mae and Freddie Mac underwriting standards (conforming loans) as well as non-conforming loans. In recent years there has been an increased demand for long-term fixed-rate loans, as market rates have dropped and remained near historic lows. As a result, the Company has sold a substantial portion of the fixed-rate one- to four-family residential mortgage loans with terms of 15 years or greater. Generally, the Company retains fixed-rate one- to four-family residential mortgage loans with terms of less than 15 years, although this has represented a small percentage of the fixed-rate loans originated in recent years due to the favorable long-term rates for borrower. In addition, the Company also offers home equity loans that are secured by a second mortgage on the borrower’s primary or secondary residence. Home equity loans are generally underwritten using the same criteria used to underwrite one- to four-family residential mortgage loans. As one- to four-family residential mortgage and home equity loan underwriting are subject to specific regulations, the Company typically underwrites its one- to four-family residential mortgage and home equity loans to conform to widely accepted standards. Several factors are considered in underwriting including the value of the underlying real estate and the debt to income and credit history of the borrower. Commercial Real Estate and Multi-Family Real Estate Loans Commercial real estate mortgage loans are primarily secured by office buildings, owner-occupied businesses, strip mall centers, churches, and farm loans secured by real estate. In underwriting commercial real estate and multi-family real estate loans, the Company considers a number of factors, which include the projected net cash flow to the loan’s debt service requirement, the age and condition of the collateral, the financial resources and income level of the borrower and the borrower’s experience in owning or managing similar properties. Personal guarantees are typically obtained from commercial real estate and multi-family real estate borrowers. In addition, the borrower’s financial information on such loans is monitored on an ongoing basis by requiring periodic financial statement updates. The repayment of these loans is primarily dependent on the cash flows of the underlying property. However, the commercial real estate loan generally must be supported by an adequate underlying collateral value. The performance and the value of the underlying property may be adversely affected by economic factors or geographical and/or industry specific factors. These loans are subject to other industry guidelines that are closely monitored by the Company. Home Equity Lines of Credit In addition to traditional one- to four-family residential mortgage loans and home equity loans, the Company offers home equity lines of credit that are secured by the borrower’s primary or secondary residence. Home equity lines of credit are generally underwritten using the same criteria used to underwrite one- to four-family residential mortgage loans. As home equity lines of credit underwriting are subject to specific regulations, the Company typically underwrites its home equity lines of credit to conform to widely accepted standards. Several factors are considered in underwriting including the value of the underlying real estate and the debt to income and credit history of the borrower. Commercial Business Loans The Company originates commercial non-mortgage business (term) loans and adjustable lines of credit. These loans are generally originated to small- and medium-sized companies in the Company’s primary market area. Commercial business loans are generally used for working capital purposes or for acquiring equipment, inventory or furniture, and are primarily secured by business assets other than real estate, such as business equipment and inventory, accounts receivable or stock. The Company also offers agriculture loans that are not secured by real estate. The commercial business loan portfolio consists primarily of secured loans. When making commercial business loans, the Company considers the financial statements, lending history and debt service capabilities of the borrower, the projected cash flows of the business and the value of the collateral, if any. The cash flows of the underlying borrower, however, may not perform consistent with historical or projected information. Further, the collateral securing loans may fluctuate in value due to individual economic or other factors. Loans are typically guaranteed by the principals of the borrower. The Company has established minimum standards and underwriting guidelines for all commercial loan types. Real Estate Construction Loans The Company originates construction loans for one- to four-family residential properties and commercial real estate properties, including multi-family properties. The Company generally requires that a commitment for permanent financing be in place prior to closing the construction loan. The repayment of these loans is typically through permanent financing following completion of the construction. Real estate construction loans are inherently more risky than loans on completed properties as the unimproved nature and the financial risks of construction significantly enhance the risks of commercial real estate loans. These loans are closely monitored and subject to other industry guidelines. Consumer Loans Consumer loans consist of installment loans to individuals, primarily automotive loans. These loans are underwritten utilizing the borrower’s financial history, including the Fair Isaac Corporation (“FICO”) credit scoring and information as to the underlying collateral. Repayment is expected from the cash flow of the borrower. Consumer loans may be underwritten with terms up to seven years, fully amortized. Unsecured loans are limited to twelve months. Loan-to-value ratios vary based on the type of collateral. The Company has established minimum standards and underwriting guidelines for all consumer loan collateral types. Loan Concentrations The loan portfolio includes a concentration of loans secured by commercial real estate properties amounting to $162,013,000 and $144,737,000 as of June 30, 2015 and 2014, respectively. Generally, these loans are collateralized by multi-family and nonresidential properties. The loans are expected to be repaid from cash flows or from proceeds from the sale of the properties of the borrower. Purchased Loans and Loan Participations The Company’s loans receivable included purchased loans of $11,489,000 and $13,688,000 at June 30, 2015 and 2014, respectively. All of these purchased loans are secured by single family homes located out of our primary market area primarily in the Midwest. The Company’s loans receivable also include commercial loan participations of $27,821,000 and $24,772,000 at June 30, 2015 and 2014, respectively, of which $8,814,000 and $7,893,000, at June 30, 2015 and 2014 were outside of our primary market area. These participation loans are secured by real estate and other business assets. The following tables present the balance in the allowance for loan losses and the recorded investment in loans based on portfolio segment and impairment method as of June 30, 2015 and 2014: 2015 Real Estate Loans One- to four- Multi-family Commercial Home Equity Construction Allowance for loan losses: Balance, beginning of year $ 1,391 $ 842 $ 968 $ 111 $ 10 Provision charged to expense 27 (15 ) 278 (4 ) (4 ) Losses charged off (231 ) — — (35 ) — Recoveries 29 — — 13 — Balance, end of period $ 1,216 $ 827 $ 1,246 $ 85 $ 6 Ending balance: individually evaluated for impairment $ 57 $ — $ 25 $ — $ — Ending balance: collectively evaluated for impairment $ 1,159 $ 827 $ 1,221 $ 85 $ 6 Loans: Ending balance $ 145,064 $ 58,399 $ 103,614 $ 7,713 $ 987 Ending balance: individually evaluated for impairment $ 3,274 $ 1,537 $ 46 $ 8 $ — Ending balance: collectively evaluated for impairment $ 141,790 $ 56,862 $ 103,568 $ 7,705 $ 987 2015 (Continued) Commercial Consumer Unallocated Total Allowance for loan losses: Balance, beginning of year $ 543 $ 93 $ — $ 3,958 Provision charged to expense 201 (23 ) — 460 Losses charged off — (12 ) — (278 ) Recoveries — 29 — 71 Balance, end of year $ 744 $ 87 $ — $ 4,211 Ending balance: individually evaluated for impairment $ — $ 9 $ — $ 91 Ending balance: collectively evaluated for impairment $ 744 $ 78 $ — $ 4,120 Loans: Ending balance $ 37,151 $ 8,325 $ — $ 361,253 Ending balance: individually evaluated for impairment $ 21 $ 21 $ — $ 4,907 Ending balance: collectively evaluated for impairment $ 37,130 $ 8,304 $ — $ 356,346 2014 Real Estate Loans One- to four- Multi-family Commercial Home Equity Construction Allowance for loan losses: Balance, beginning of year $ 1,616 $ 797 $ 838 $ 90 $ 24 Provision charged to expense 143 45 158 37 (14 ) Losses charged off (418 ) — (28 ) (16 ) — Recoveries 50 — — — — Balance, end of period $ 1,391 $ 842 $ 968 $ 111 $ 10 Ending balance: individually evaluated for impairment $ 143 $ — $ 35 $ 21 $ — Ending balance: collectively evaluated for impairment $ 1,248 $ 842 $ 933 $ 90 $ 10 Loans: Ending balance $ 149,549 $ 61,603 $ 83,134 $ 7,824 $ 1,572 Ending balance: individually evaluated for impairment $ 2,781 $ 1,621 $ 55 $ 28 $ — Ending balance: collectively evaluated for impairment $ 146,768 $ 59,982 $ 83,079 $ 7,796 $ 1,572 2014 (Continued) Commercial Consumer Unallocated Total Allowance for loan losses: Balance, beginning of year $ 431 $ 104 $ 38 $ 3,938 Provision charged to expense 150 21 (38 ) 502 Losses charged off (38 ) (38 ) — (538 ) Recoveries — 6 — 56 Balance, end of year $ 543 $ 93 $ — $ 3,958 Ending balance: individually evaluated for impairment $ — $ 16 $ — $ 215 Ending balance: collectively evaluated for impairment $ 543 $ 77 $ — $ 3,743 Loans: Ending balance $ 23,120 $ 8,509 $ — $ 335,311 Ending balance: individually evaluated for impairment $ 29 $ 31 $ — $ 4,545 Ending balance: collectively evaluated for impairment $ 23,091 $ 8,478 $ — $ 330,766 Management’s opinion as to the ultimate collectability of loans is subject to estimates regarding future cash flows from operations and the value of property, real and personal, pledged as collateral. These estimates are affected by changing economic conditions and the economic prospects of borrowers. Allowance for Loan Losses The allowance for loan losses represents an estimate of the amount of losses believed inherent in our loan portfolio at the balance sheet date. The allowance calculation involves a high degree of estimation that management attempts to mitigate through the use of objective historical data where available. Loan losses are charged against the allowance for loan losses when management believes that the loan balance is confirmed as uncollectible. Subsequent recoveries, if any, are credited to the allowance. Overall, we believe the reserve to be consistent with prior periods and adequate to cover the estimated losses in our loan portfolio. The Company’s methodology for assessing the appropriateness of the allowance for loan losses consists of two key elements: (1) specific allowances for estimated credit losses on individual loans that are determined to be impaired through the Company’s review for identified problem loans; and (2) a general allowance based on estimated credit losses inherent in the remainder of the loan portfolio. The specific allowance is measured by determining the present value of expected cash flows, the loan’s observable market value, or for collateral-dependent loans, the fair value of the collateral adjusted for market conditions and selling expense. Factors used in identifying a specific problem loan include: (1) the strength of the customer’s personal or business cash flows; (2) the availability of other sources of repayment; (3) the amount due or past due; (4) the type and value of collateral; (5) the strength of the collateral position; (6) the estimated cost to sell the collateral; and (7) the borrower’s effort to cure the delinquency. In addition for loans secured by real estate, the Company also considers the extent of any past due and unpaid property taxes applicable to the property serving as collateral on the mortgage. The Company establishes a general allowance for loans that are not deemed impaired to recognize the inherent losses associated with lending activities, but which, unlike specific allowances, has not been allocated to particular problem assets. The general valuation allowance is determined by segregating the loans by loan category and assigning allowance percentages based on the Company’s historical loss experience and management’s evaluation of the collectability of the loan portfolio. The allowance is then adjusted for qualitative factors that, in management’s judgment, affect the collectability of the portfolio as of the evaluation date. These qualitative factors may include: (1) Management’s assumptions regarding the minimal level of risk for a given loan category; (2) changes in lending policies and procedures, including changes in underwriting standards, and charge-off and recovery practices not considered elsewhere in estimating credit losses; (3) changes in international, national, regional and local economics and business conditions and developments that affect the collectability of the portfolio, including the conditions of various market segments; (4) changes in the nature and volume of the portfolio and in the terms of loans; (5) changes in the experience, ability, and depth of the lending officers and other relevant staff; (6)changes in the volume and severity of past due loans, the volume of non-accrual loans, the volume of troubled debt restructured and other loan modifications, and the volume and severity of adversely classified loans; (7) changes in the quality of the loan review system; (8) changes in the value of the underlying collateral for collateral-dependent loans; (9) the existence and effect of any concentrations of credit, and changes in the level of such concentrations; and (10) the effect of other external factors such as competition and legal and regulatory requirements on the level of estimated credit losses in the existing portfolio. The applied loss factors are re-evaluated quarterly to ensure their relevance in the current environment. Although the Company’s policy allows for a general valuation allowance on certain smaller-balance, homogenous pools of loans classified as substandard, the Company has historically evaluated every loan classified as substandard, regardless of size, for impairment as part of the review for establishing specific allowances. The Company’s policy also allows for general valuation allowance on certain smaller-balance, homogenous pools of loans which are loans criticized as special mention or watch. A separate general allowance calculation is made on these loans based on historical measured weakness, and which is no less than twice the amount of the general allowance calculated on the non-classified loans. There have been no changes to the Company’s accounting policies or methodology from the prior periods. Credit Quality Indicators The Company categorizes loans into risk categories based on 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 are graded at inception of the loan. Subsequently, analyses are performed on an annual basis and grade changes are made as necessary. Interim grade reviews may take place if circumstances of the borrower warrant a more timely review. The Company utilizes an internal asset classification system as a means of reporting problem and potential problem loans. Under the Company’s risk rating system, the Company classifies problem and potential problem loans as “Watch,” “Substandard,” “Doubtful,” and “Loss.” The Company uses the following definitions for risk ratings: Pass – Watch – Substandard – Doubtful – Loss – Risk characteristics applicable to each segment of the loan portfolio are described as follows. Residential One- to four-family and Equity Lines of Credit Real Estate: Commercial and Multi-family Real Estate: Construction Real Estate: Commercial: Consumer: The following tables present the credit risk profile of the Company’s loan portfolio, as of June 30, 2015 and 2014, based on rating category and payment activity: Real Estate Loans June 30, 2015 One- to four- Multi-family Commercial Home Equity Construction Pass $ 141,532 $ 57,989 $ 99,487 $ 7,705 $ 987 Watch 759 170 748 — — Substandard 2,773 240 3,379 8 — Doubtful — — — — — Loss — — — — — Total $ 145,064 $ 58,399 $ 103,614 $ 7,713 $ 987 June 30, 2015, (Continued) Commercial Consumer Total Pass $ 36,054 $ 8,304 $ 352,058 Watch 1,076 — 2,753 Substandard 21 21 6,442 Doubtful — — — Loss — — — Total $ 37,151 $ 8,325 $ 361,253 Real Estate Loans June 30, 2014 One- to four- Multi-family Commercial Home Equity Construction Pass $ 146,124 $ 59,806 $ 81,152 $ 7,797 $ 1,572 Watch 782 1,501 336 — — Substandard 2,643 296 1,646 27 — Doubtful — — — — — Loss — — — — — Total $ 149,549 $ 61,603 $ 83,134 $ 7,824 $ 1,572 June 30, 2014, (Continued) Commercial Consumer Total Pass $ 20,636 $ 8,477 $ 325,564 Watch — — 2,619 Substandard 2,484 32 7,128 Doubtful — — — Loss — — — Total $ 23,120 $ 8,509 $ 335,311 The following tables present the Company’s loan portfolio aging analysis as of June 30, 2015 and 2014: 30-59 Days 60-89 Days Past Due Greater Than Total Past Due Current Total Loans Total Loans > June 30, 2015 Real estate loans: One- to four-family $ 2,129 $ 724 $ 2,279 $ 5,132 $ 139,932 $ 145,064 $ 15 Multi-family 174 31 — 205 58,194 58,399 — Commercial — 137 — 137 103,477 103,614 — Home equity lines of credit 19 — — 19 7,694 7,713 — Construction — — — — 987 987 — Commercial — 21 — 21 37,130 37,151 — Consumer 40 — 21 61 8,264 8,325 7 Total $ 2,362 $ 913 $ 2,300 $ 5,575 $ 355,678 $ 361,253 $ 22 June 30, 2014 Real estate loans: One- to four-family $ 2,985 $ 876 $ 1,500 $ 5,361 $ 144,188 $ 149,549 $ 182 Multi-family — — — — 61,603 61,603 — Commercial — 349 — 349 82,785 83,134 — Home equity lines of credit 49 36 — 85 7,739 7,824 — Construction — — — — 1,572 1,572 — Commercial — — — — 23,120 23,120 — Consumer 97 33 — 130 8,379 8,509 — Total $ 3,131 $ 1,294 $ 1,500 $ 5,925 $ 329,386 $ 335,311 $ 182 A loan is considered impaired, in accordance with the impairment accounting guidance (ASC 310-10-35-16), when based on current information and events, it is probable the Company will be unable to collect all amounts due from the borrower in accordance with the contractual terms of the loan. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loans and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis by either the present value of the expected future cash flows, the loan’s observable market value, or, for collateral-dependent loans, the fair value of the collateral adjusted for market conditions and selling expenses. Significant restructured loans are considered impaired in determining the adequacy of the allowance for loan losses. The Company actively seeks to reduce its investment in impaired loans. The primary tools to work through impaired loans are settlement with the borrowers or guarantors, foreclosure of the underlying collateral, or restructuring. Included in certain loan categories in the impaired loans are $2.6 million in troubled debt restructurings that were classified as impaired. The following tables present impaired loans for year ended June 30, 2015 and 2014: June 30, 2015 Recorded Unpaid Specific Average Interest Interest on Loans without a specific allowance: Real estate loans: One- to four-family $ 2,801 $ 2,801 $ — $ 2,851 $ 18 $ 31 Multi-family 1,537 1,537 — 1,573 69 92 Commercial — — — — — — Home equity lines of credit 8 8 — 9 — — Construction — — — — — — Commercial 21 21 — 25 — — Consumer 6 6 — 9 — — Loans with a specific allowance: Real estate loans: One- to four-family $ 473 $ 473 $ 57 $ 487 $ 6 $ 11 Multi-family — — — — — — Commercial 46 46 25 50 — — Home equity lines of credit — — — — — — Construction — — — — — — Commercial — — — — — — Consumer 15 15 9 22 1 1 Total: Real estate loans: One- to four-family $ 3,274 $ 3,274 $ 57 $ 3,338 $ 24 $ 42 Multi-family 1,537 1,537 — 1,573 69 92 Commercial 46 46 25 50 — — Home equity lines of credit 8 8 — 9 — — Construction — — — — — — Commercial 21 21 — 25 — — Consumer 21 21 9 31 1 1 Total $ 4,907 $ 4,907 $ 91 $ 5,026 $ 94 $ 135 June 30, 2014 Recorded Unpaid Specific Average Interest Interest on Loans without a specific allowance: Real estate loans: One- to four-family $ 2,107 $ 2,107 $ — $ 2,174 $ 25 $ 31 Multi-family 1,621 1,621 — 1,664 78 94 Commercial — — — — — — Home equity lines of credit — — — — — — Construction — — — — — — Commercial 29 29 — — — — Consumer 15 15 — 26 — — Loans with a specific allowance: Real estate loans: One- to four-family $ 674 $ 674 $ 143 $ 689 $ 1 $ 1 Multi-family — — — — — — Commercial 55 55 35 59 — — Home equity lines of credit 28 28 21 29 1 1 Construction — — — — — — Commercial — — — 34 — — Consumer 16 16 16 19 1 1 Total: Real estate loans: One- to four-family $ 2,781 $ 2,781 $ 143 $ 2,863 $ 26 $ 32 Multi-family 1,621 1,621 — 1,664 78 94 Commercial 55 55 35 59 — — Home equity lines of credit 28 28 21 29 1 1 Construction — — — — — — Commercial 29 29 — 34 — — Consumer 31 31 16 45 1 1 Total $ 4,545 $ 4,545 $ 215 $ 4,694 $ 106 $ 128 Interest income recognized on impaired loans includes interest accrued and collected on the outstanding balances of accruing impaired loans as well as interest cash collections on non-accruing impaired loans for which the ultimate collectability of principal is not uncertain. The following table presents the Company’s nonaccrual loans at June 30, 2015 and 2014: 2015 2014 Real estate loans One- to four-family, including home equity loans $ 2,724 $ 2,146 Multi-family 240 296 Commercial 46 55 Home equity lines of credit — 28 Construction — — Commercial 21 29 Consumer 14 30 Total $ 3,045 $ 2,584 At June 30, 2015 and 2014, the Company had a number of loans that were modified in troubled debt restructurings (TDR’s) and impaired. The modification of terms of such loans included one or a combination of the following: an extension of maturity, a reduction of the stated interest rate or a permanent reduction of the recorded investment in the loan. The following table presents the recorded balance, at original cost, of troubled debt restructurings, all of which were performing according to the terms of the restructuring, as of June 30, 2015 and 2014. As of June 30, 2015 all loans listed were on nonaccrual except for nine one- to four-family residential loans totaling $551,000, one multi-family loan for $1.3 million, and one home equity line of credit for $8,000. As of June 30, 2014 all loans listed were on nonaccrual except for nine, one- to four-family residential loans totaling $635,000, and one multi-family loan for $1.3 million. June 30, 2015 June 30, 2014 Real estate loans One- to four-family $ 1,307 $ 1,477 Multi-family 1,297 1,335 Commercial 12 15 Home equity lines of credit 8 — Total real estate loans 2,624 2,827 Construction — — Commercial 21 29 Consumer — — Total $ 2,645 $ 2,856 The following table represents loans modified as troubled debt restructurings during the years ending June 30, 2015 and 2014: Year Ended June 30, 2015 Year Ended June 30, 2014 Number of Recorded Number of Recorded Real estate loans: One- to four-family 2 $ 27 2 $ 13 Home equity lines of credit 1 8 — — Multi-family — — — — Commercial 1 12 1 15 Total real estate loans 4 47 3 28 Construction — — — — Commercial — — — — Consumer loans — — — — Total 4 $ 47 3 $ 28 2015 Modifications During the year ended June 30, 2015, the Company modified two one- to four-family residential real estate loans, with a recorded investment of $27,000, one commercial real estate loan with a recorded investment of $12,000, and one home equity line of credit for $8,000. 2014 Modifications During the year ended June 30, 2014, the Company modified two one- to four-family residential real estate loans, with a recorded investment of $13,000, which were deemed TDRs. One of the modifications included a one year increase in the interest rate, while the other did not include an interest rate adjustment. Both of the modifications involved payment adjustments or maturity concessions, and did not result in a write-off of the principal balance. Such loans are considered collateral dependent, and the modifications resulted in specific allowances of $13,000 based upon the fair value of the collateral. The Company modified one commercial real estate loan during 2014, which had recorded investment of $15,000 prior to modification and was deemed a TDR. The modification resulted in an increase in the interest rate. TDRs with Defaults The Company had three TDRs, all one- to four-family residential loans totaling $450,000 that were in default as of June 30, 2015, and were restructured in prior years. All three loans were in foreclosure at June 30, 2015. The Company had three TDRs, all one- to four-family residential loans totaling $384,000 that were in default as of June 30, 2014, and were restructured in the prior years. All of these loans were in foreclosure at June 30, 2014. The Company defines a default as any loan that becomes 90 days or more past due. Specific loss allowances are included in the calculation of estimated future loss ratios, which are applied to the various loan portfolios for purposes of estimating future losses. Management considers the level of defaults within the various portfolios, as well as the current adverse economic environment and negative outlook in the real estate and collateral markets when evaluating qualitative adjustments used to determine the adequacy of the allowance for loan losses. We believe the qualitative adjustments more accurately reflect collateral values in light of the sales and economic conditions that we have recently observed.

Premises and Equipment

Premises and Equipment	12 Months Ended
	Jun. 30, 2015
Property, Plant and Equipment [Abstract]
Premises and Equipment	Note 4: Premises and Equipment Major classifications of premises and equipment, stated at cost, are as follows: 2015 2014 Land $ 895 $ 895 Buildings and improvements 6,178 6,165 Furniture and equipment 3,408 3,317 10,481 10,377 Less accumulated depreciation 5,681 5,253 Net premises and equipment $ 4,800 $ 5,124

Loan Servicing

Loan Servicing	12 Months Ended
	Jun. 30, 2015
Transfers and Servicing [Abstract]
Loan Servicing	Note 5: Loan Servicing Mortgage loans serviced for others are not included in the accompanying consolidated balance sheets. The unpaid principal balance of mortgage loans serviced for others was $73,823,000 and $74,017,000 at June 30, 2015 and 2014, respectively. Custodial escrow balances in connection with the foregoing loan servicing were $909,000 and $825,000 at June 30, 2015 and 2014, respectively. The aggregate fair value of capitalized mortgage servicing rights at June 30, 2015 and 2014 was $505,000 and $506,000, respectively. Comparable market values and a valuation model that calculates the present value of future cash flows were used to estimate fair value. The valuation model incorporates assumptions that market participants would use in estimating future net servicing income, such as costs to service, a discount rate, custodial earnings rate, default rates and losses and prepayment speeds. The following summarizes the activity in mortgage servicing rights measured using the fair value method: 2015 2014 Fair value, beginning of period $ 506 $ 502 Additions: Servicing assets resulting from asset transfers 75 60 Subtractions: Payments received and loans refinanced (65 ) (53 ) Changes in fair value, due to changes in valuation inputs or assumptions (11 ) (3 ) Fair value, end of period $ 505 $ 506 For purposes of measuring impairment, risk characteristics including product type, investor type, and interest rates, were used to stratify the originated mortgage servicing rights.

Interest-Bearing Deposits

Interest-Bearing Deposits	12 Months Ended
	Jun. 30, 2015
Banking and Thrift [Abstract]
Interest-Bearing Deposits	Note 6: Interest-bearing Deposits Interest-bearing deposits in denominations of $100,000 or more were $161,537,000 at June 30, 2015 and $155,529,000 at June 30, 2014. The following table represents interest expense by deposit type: 2015 2014 Savings, NOW, and Money Market $ 208 $ 247 Certificates of deposit 2,044 1,927 Brokered certificates of deposit 181 148 Total deposit interest expense $ 2,433 $ 2,322 At June 30, 2015, the scheduled maturities of time deposits; including brokered time deposits, are as follows: 2016 $ 150,340 2017 64,845 2018 28,144 2019 2,852 2020 and thereafter 1,431 $ 247,612

Federal Home Loan Bank Advances

Federal Home Loan Bank Advances	12 Months Ended
	Jun. 30, 2015
Banking and Thrift [Abstract]
Federal Home Loan Bank Advances	Note 7: Federal Home Loan Bank Advances The Federal Home Loan Bank advances totaled $58,000,000 and $56,750,000 as of June 30, 2015 and 2014, respectively. The Federal Home Loan Bank advances are secured by mortgage, multi-family, commercial real estate, and HELOC loans totaling $225,476,000 at June 30, 2015. Advances at June 30, 2015, at interest rates from 0.17 to 4.55 percent are subject to restrictions or penalties in the event of prepayment. Aggregate annual maturities of Federal Home Loan Bank advances at June 30, 2015, are: 2016 $ 42,000 2017 15,000 2018 1,000 $ 58,000

Repurchase Agreements

Repurchase Agreements	12 Months Ended
	Jun. 30, 2015
Brokers and Dealers [Abstract]
Repurchase Agreements	Note 8: Repurchase Agreements Securities sold under agreements to repurchase consist of obligations of the Company to other parties. The obligations are secured by U.S. Government and federal agency and Government –sponsored enterprises and such collateral is held by the Company’s safekeeping agent. The maximum amount of outstanding agreements at any month end during 2015 and 2014 totaled $4,403,000 and $2,324,000, respectively, and the monthly average of such agreements totaled $3,398,000 and $2,165,000 for 2015 and 2014, respectively. The agreements at June 30, 2015 mature within one month.

Income Taxes

Income Taxes	12 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Income Taxes	Note 9: Income Taxes The Company and its subsidiary file income tax returns in the U.S. federal jurisdiction and the States of Illinois and Missouri. During the years ended June 30, 2015 and 2014, the Company did not recognize expense for interest or penalties. The provision for income taxes includes these components: 2015 2014 Taxes currently payable $ 1,970 $ 1,695 Deferred income taxes (135 ) 167 Income tax expense $ 1,835 $ 1,862 A reconciliation of income tax expense at the statutory rate to the Company’s actual income tax expense is shown below: 2015 2014 Computed at the statutory rate (34%) $ 1,737 $ 1,815 Increase (decrease) resulting from Tax exempt interest (51 ) (10 ) Cash surrender value of life insurance (90 ) (91 ) State income taxes 192 211 Other 47 (63 ) Actual tax expense $ 1,835 $ 1,862 Tax rate as a percentage of pre-tax income 35.9 % 34.9 % The tax effects of temporary differences related to deferred taxes shown on the consolidated balance sheets were: 2015 2014 Deferred tax assets Allowance for loan losses $ 1,694 $ 1,592 Reserve for uncollectible interest 75 46 Accrued retirement liability 928 904 Deferred compensation 364 338 Deferred loan fees 163 145 Charitable foundation contribution 496 686 Postretirement health plan 141 57 Other 28 23 3,889 3,791 Deferred tax liabilities Depreciation (256 ) (395 ) Unrealized gains on available-for-sale securities (842 ) (814 ) Federal Home Loan Bank stock dividends (313 ) (313 ) Mortgage servicing rights (203 ) (204 ) Other (26 ) (6 ) (1,640 ) (1,732 ) Net deferred tax asset $ 2,249 $ 2,059 Retained earnings at both June 30, 2015 and 2014, include approximately $2,217,000, for which no deferred federal income tax liability has been recognized. These amounts represent an allocation of income to bad debt deductions for tax purposes only. Reduction of amounts so allocated for purposes other than tax bad debt losses or adjustments arising from carryback of net operating losses would create income for tax purposes only, which would be subject to the then-current corporate income tax rate. The deferred income tax liabilities on the preceding amounts that would have been recorded if they were expected to reverse into taxable income in the foreseeable future were approximately $754,000 at both June 30, 2015 and 2014. The Company established a charitable foundation at the time of its mutual-to-stock conversion and donated to it shares of common stock equal to 7% of the shares sold in the offering, or 314,755 shares. The donated shares were valued at $3,147,550 ($10.00 per share) at the time of conversion. The Association also contributed $450,000 in cash to the Foundation. The $3,147,550 and the $450,000 cash donation, or a total of $3,597,550 was expensed during the quarter ended September 30, 2011. The Company established a deferred tax asset associated with this charitable contribution. No valuation allowance was deemed necessary as it appears the Company will be able to deduct the contribution, which is subject to limitations each year, during the five year carry forward period, which ends June 30, 2017. Management continues to monitor its taxable income projections through June 30, 2017, to determine whether a valuation allowance is needed.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	12 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Accumulated Other Comprehensive Income	Note 10: Accumulated Other Comprehensive Income The components of accumulated other comprehensive income, included in stockholders’ equity, are as follows: 2015 2014 Net unrealized gains on securities available for sale $ 2,090 $ 2,020 Net unrealized postretirement health benefit plan obligations (417 ) (211 ) 1,673 1,809 Tax effect (674 ) (728 ) Net-of-tax amount $ 999 $ 1,081

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Income (AOCI) by Component	12 Months Ended
	Jun. 30, 2015
Text Block [Abstract]
Changes in Accumulated Other Comprehensive Income (AOCI) by Component	Note 11: Changes in Accumulated Other Comprehensive Income (AOCI) by Component Amounts reclassified from AOCI and the affected line items in the statements of income during the years ended June 30, 2015 and 2014, were as follows: Amounts Reclassified 2015 2014 Affected Line Item in the Unrealized losses on available-for-sale securities $ (24 ) $ (123 ) Net realized gains on sale of available-for-sale securities Amortization of defined benefit pension items: Transition obligation 24 32 Components are included in computation of net periodic pension cost Actuarial losses (183 ) (44 ) Prior service costs (48 ) (48 ) Total reclassified amount before tax (231 ) (183 ) Tax expense 93 74 Provision for Income Tax Total reclassification out of AOCI $ (138 ) $ (109 ) Net Income

Regulatory Matters

Regulatory Matters	12 Months Ended
	Jun. 30, 2015
Banking and Thrift [Abstract]
Regulatory Matters	Note 12: Regulatory Matters The Association is subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Association’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Association must meet specific capital guidelines that involve quantitative measures of the Association’s assets, liabilities and certain off-balance-sheet items as calculated under U.S. GAAP, regulatory reporting requirements and regulatory capital standards. The Association’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. Furthermore, the Association’s regulators could require adjustments to regulatory capital not reflected in these financial statements. Quantitative measures established by regulatory capital standards to ensure capital adequacy require the Association to maintain minimum amounts and ratios (set forth in the table below) of total and Tier 1 capital (as defined) to risk-weighted assets (as defined), common equity Tier 1 capital (as defined) to total risk-weighted assets (as defined) and of Tier 1 capital (as defined) to average assets (as defined). Management believes, as of June 30, 2015 and 2014, that the Association meets all capital adequacy requirements to which it is subject. As of June 30, 2015, the most recent notification from regulators categorized the Association as well capitalized under the regulatory framework for prompt corrective action. To be categorized as well capitalized, the Association must maintain minimum total risk-based capital, Tier 1 risk-based capital, common equity Tier 1 risk-based capital and Tier 1 leverage ratios as set forth in the table. There are no conditions or events since that notification that management believes have changed the Association’s category. The Association’s actual capital amounts (in thousands) and ratios are also presented in the table. Actual Minimum Capital Minimum to Be Well Amount Ratio Amount Ratio Amount Ratio As of June 30, 2015 Total capital (to risk-weighted assets) Company $ 83,648 23.18 % $ N/A N/A $ N/A N/A Association 69,697 19.33 % 28,842 8.0 % 36,052 10.0 % Tier 1 capital (to risk-weighted assets) Company 79,437 22.01 % N/A N/A N/A N/A Association 65,486 18.16 % 21,631 6.0 % 28,842 8.0 % Common Equity Tier 1 capital (to risk-weighted assets) Company 79,437 22.01 % N/A N/A N/A N/A Association 65,486 18.16 % 16,224 4.5 % 23,434 6.5 % Tier 1 capital (to adjusted total assets) Company 79,437 14.45 % N/A N/A N/A N/A Association 65,486 11.93 % 21,962 4.0 % 27,452 5.0 % Tangible capital (to adjusted tangible assets) Company 79,437 14.45 % N/A N/A N/A N/A Association 65,486 11.93 % 8,236 1.5 % N/A N/A As of June 30, 2014 Total capital (to risk-weighted assets) Company $ 84,912 26.30 % $ N/A N/A $ N/A N/A Association 70,545 21.90 % 25,775 8.0 % 32,219 10.0 % Tier 1 capital (to risk-weighted assets) Company 80,954 25.07 % N/A N/A N/A N/A Association 66,587 20.67 % N/A N/A 19,331 6.0 % Tier 1 capital (to adjusted total assets) Company 80,954 14.71 % N/A N/A N/A N/A Association 66,587 12.12 % 16,486 3.0 % 27,476 5.0 % Tangible capital (to adjusted total assets) Company 80,954 14.71 % N/A N/A N/A N/A Association 66,587 12.12 % 8,243 1.5 % N/A N/A The following is a reconciliation of the Association equity amounts included in the consolidated balance sheets to the amounts reflected for regulatory purposes: 2015 2014 Association equity $ 66,485 $ 67,719 Less net unrealized gains 1,248 1,207 Less disallowed servicing amounts — 51 Less postretirement benefit plan (249 ) (126 ) Tier 1 capital 65,486 66,587 Plus allowance for loan losses subject to limit 4,211 3,958 Total risk-based capital $ 69,697 $ 70,545 The Association’s ability to pay dividends on its common stock to the Company is restricted to maintain adequate capital as shown in the previous tables. Additionally, prior regulatory approval is required for the declaration of any dividends generally in excess of the sum of net income for the calendar year and retained net income for the preceding two calendar years. Basel III Capital Rules In July 2013, the three federal bank regulatory agencies jointly published final rules (the Basel III Capital Rules) establishing a new comprehensive capital framework for U.S. banking organizations. The rules implement the Basel Committee’s December 2010 framework known as “Basel III” for strengthening international capital standards as well as certain provisions of the Dodd-Frank Act. These rules substantially revise the risk-based capital requirements applicable to bank holding companies and depository institutions, compared to the current U.S. risk-based capital rules. The Basel III Capital Rules define the components of capital and address other issues affecting the numerator in banking institutions’ regulatory capital ratios. These rules also address risk weights and other issues affecting the denominator in banking institutions’ regulatory capital ratios and replace the existing risk-weighting approach with a more risk-sensitive approach. The Basel III Capital Rules were effective for the Association on January 1, 2015 (subject to a four-year phase-in period). The Basel III Capital Rules, among other things, (i) introduce a new capital measure called “Common Equity Tier 1” (CET1), (ii) specify that Tier 1 capital consist of CET1 and “Additional Tier 1 Capital” instruments meeting specified requirements, (iii) define CET1 narrowly by requiring that most deductions/adjustments to regulatory capital measures be made to CET1 and not to the other components of capital and (iv) expand the scope of the deductions/adjustments as compared to existing regulations. Under the Basel III Capital Rules, the initial minimum capital ratios as of January 1, 2015, were as follows: 4.5% CET1 to risk-weighted assets 6.0% Tier 1 capital to risk-weighted assets 8.0% Total capital to risk-weighted assets 4.0% Minimum leverage ratio Implementation of the deductions and other adjustments to CET1 began on January 1, 2015, and will phase in over a four-year period (beginning at 40% on January 1, 2015, and an additional 20% per year thereafter). Under the new rule, in order to avoid limitations on capital distributions, including dividend payments and certain discretionary bonus payments to executive officers, a banking organization must hold a capital conservation buffer composed of CET1 capital above its minimum risk-based capital requirements. The implementation of the capital conservation buffer begins on January 1, 2016, at the 0.625% level and will phase in over a four-year period (increasing by that amount on each subsequent January 1 until it reaches 2.5% on January 1, 2019).

Related Party Transactions

Related Party Transactions	12 Months Ended
	Jun. 30, 2015
Related Party Transactions [Abstract]
Related Party Transactions	Note 13: Related Party Transactions At June 30, 2015 and 2014, the Company had loans outstanding to executive officers, directors, significant members and their affiliates (related parties). Changes in loans to executive officers and directors are summarized as follows: 2015 2014 Balance, beginning of year $ 4,519 $ 5,034 New loans 421 107 Repayments (1,121 ) (622 ) Balance, end of year $ 3,819 $ 4,519 Deposits from related parties held by the Company at June 30, 2015 and 2014 totaled $1,421,000 and $1,077,000, respectively. In management’s opinion, such loans and other extensions of credit and deposits were made in the ordinary course of business and were made on substantially the same terms (including interest rates and collateral) as those prevailing at the time for comparable transactions with other persons. Further, in management’s opinion, these loans did not involve more than normal risk of collectibility or present other unfavorable features.

Employee Benefits

Employee Benefits	12 Months Ended
	Jun. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Employee Benefits	Note 14: Employee Benefits The Company sponsors a noncontributory postretirement health benefit plan (postretirement plan). The postretirement plan provides medical coverage benefits for former employees and their spouses upon retirement. The postretirement plan has no assets to offset the future liabilities incurred under the postretirement plan. The Company’s funding policy is to make the minimum annual contribution that is required by applicable regulations, plus such amounts as the Company may determine to be appropriate from time to time. The Company expects to contribute $96,000 to the plan in fiscal year 2016. The Company uses a June 30 measurement date for the plan. Information about the plan’s funded status and pension cost follows: 2015 2014 Change in benefit obligation Beginning of year $ 2,387 $ 2,344 Service cost 48 53 Interest cost 100 86 Actuarial gain (loss) 203 (18 ) Benefits paid (84 ) (78 ) End of year $ 2,654 $ 2,387 Significant balances, costs and assumptions are: Postretirement Plan 2015 2014 Benefit obligation $ 2,654 $ 2,387 Fair value of plan assets — — Funded status $ (2,654 ) $ (2,387 ) Accumulated benefit obligation $ 2,654 $ 2,387 Amounts recognized in the consolidated balance sheets: Accrued benefit cost $ 2,654 $ 2,387 Components of net periodic benefit cost: 2015 2014 Service cost $ 48 $ 53 Interest cost 100 86 Amortization of prior service credit (48 ) (48 ) Amortization of transition amount 25 33 Amortization of (Gain) or Loss 9 12 $ 134 $ 136 Amounts recognized in accumulated other comprehensive income not yet recognized as components of net periodic benefit cost consist of: 2015 2014 Net loss $ 531 $ 337 Prior service credit (129 ) (178 ) Transition obligation — 25 $ 402 $ 184 Other significant balances and costs are: 2015 2014 Employer contribution $ 84 $ 78 Benefits paid 84 78 Benefit costs 134 136 Other changes in plan assets and benefit obligations recognized in other comprehensive income are described in Note 11. The estimated net loss, prior service cost and transition obligation for the postretirement plan that will be amortized from accumulated other comprehensive income into net periodic benefit cost of the next fiscal year are $(26,000), $48,000, and $0, respectively. A discount rate of 4.26% was used in both 2015 and 2014, to determine the benefit obligations and benefit costs. Assumed health care cost trend rates have a significant effect on the amounts reported for health care plans. A one-percentage-point change in assumed health care cost trend rates would have the following effects: One- Percentage- One- Point Effect on total of service and interest cost components $ 5 $ (5 ) Effect on postretirement benefit obligation 40 (46 ) For measurement purposes, a 10% annual rate of increase in the per capita cost of covered health care benefits was assumed for 2015 and 2014, respectively. The rate was assumed to decrease gradually to 5% by the year 2025 and remain at that level thereafter. The following postretirement plan benefit payments, which reflect expected future service, as appropriate, are expected to be paid as of June 30, 2015: 2016 $ 109 2017 120 2018 133 2019 146 2020 157 2021-2025 896 The Company has a 401(k) plan covering substantially all employees. The Company matches 25% of the first 5% of an employee’s contribution. Employer contributions charged to expense for 2015 and 2014 were $57,000 and $53,000, respectively. The plan also includes an Employer Profit Sharing contribution which allows all eligible participants to receive at least 5% of their Plan year salary. The Company’s contributions for the plan years ended June 30, 2015 and 2014 were $500,000 and $462,000, respectively. The Company has deferred compensation agreements for directors, which provides benefits payable upon normal retirement age of 72. The present value of the estimated liability under the agreement is being accrued using a discount rate of 6 percent. The deferred compensation charged to expense totaled $130,000 and $249,000 for the years ended June 30, 2015 and 2014, respectively. The agreements’ accrued liability of $906,414 and $840,000 as of June 30, 2015 and 2014, respectively, is included in other liabilities in the consolidated balance sheets. The following benefit payments are expected to be paid for these agreements: 2016 $ 65 2017 65 2018 67 2019 85 2020 101 Thereafter 2,702 $ 3,085

Stock-based Compensation

Stock-based Compensation	12 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-based Compensation	Note 15: Stock-based Compensation In connection with the conversion to stock form, the Association established an ESOP for the exclusive benefit of eligible employees (all salaried employees who have completed at least 1,000 hours of service in a twelve-month period and have attained the age of 21). The ESOP borrowed funds from the Company in an amount sufficient to purchase 384,900 shares (approximately 8% of the Common Stock issued in the stock offering). The loan is secured by the shares purchased and will be repaid by the ESOP with funds from contributions made by the Association and dividends received by the ESOP, with funds from any contributions on ESOP assets. Contributions will be applied to repay interest on the loan first, then the remainder will be applied to principal. The loan is expected to be repaid over a period of up to 20 years. Shares purchased with the loan proceeds are held in a suspense account for allocation among participants as the loan is repaid. Contributions to the ESOP and shares released from the suspense account are allocated among participants in proportion to their compensation, relative to total compensation of all active participants. Participants will vest 100% in their accrued benefits under the employee stock ownership plan after six vesting years, with prorated vesting in years two through five. Vesting is accelerated upon retirement, death or disability of the participant or a change in control of the Association. Forfeitures will be reallocated to remaining plan participants. Benefits may be payable upon retirement, death, disability, separation from service, or termination of the ESOP. Since the Association’s annual contributions are discretionary, benefits payable under the ESOP cannot be estimated. Participants receive the shares at the end of employment. The Company is accounting for its ESOP in accordance with ASC Topic 718, Employers Accounting for Employee Stock Ownership Plans A summary of ESOP shares at June 30, 2015 and 2014 are as follows (dollars in thousands): 2015 2014 Allocated shares 55,771 37,571 Shares committed for release 19,245 19,245 Unearned shares 307,920 327,165 Total ESOP shares 382,936 383,981 Fair value of unearned ESOP shares (1) $ 5,090 $ 5,395 (1) Based on closing price of $16.53 and $16.49 per share on June 30, 2015, and 2014, respectively. During the year ended June 30, 2015, 1,045 ESOP shares were paid to ESOP participants due to separation from service. At the annual meeting on November 19, 2012, the IF Bancorp, Inc. 2012 Equity Incentive Plan (the “Equity Incentive Plan”) was approved by stockholders. The purpose of the Equity Incentive Plan is to promote the long-term financial success of the Company and its Subsidiaries by providing a means to attract, retain and reward individuals who contribute to such success and to further align their interests with those of the Company’s stockholders. The Equity Incentive Plan authorizes the issuance or delivery to participants of up to 673,575 shares of the Company common stock pursuant to grants of incentive and non-qualified stock options, restricted stock awards and restricted stock unit awards, provided that the maximum number of shares of Company common stock that may be delivered pursuant to the exercise of stock options (all of which may be granted as incentive stock options) is 481,125 and the maximum number of shares of Company stock that may be issued as restricted stock awards or restricted stock units is 192,450. On December 10, 2013, the Board of Directors approved grants of 85,500 shares of restricted stock and 167,000 in stock options to be awarded to senior officers and directors of the Association. The restricted stock will vest in equal installments over 10 years and the stock options will vest in equal installments over 7 years, both starting in December 2014. As of June 30, 2015, there were 106,950 shares of restricted stock and 314,125 stock option shares available for future grants under this plan. The following table summarizes stock option activity for the year ended June 30, 2015 (dollars in thousands): Shares Weighted- Weighted- Aggregate Outstanding, June 30, 2014 167,000 16.63 Granted — — Exercised — — Forfeited — — Outstanding, June 30, 2015 167,000 16.63 8.4 $ — (1) Exercisable, June 30, 2015 23,857 16.63 8.4 $ — (1) (1) Based on closing price of $16.53 per share on June 30, 2015. Intrinsic value for stock options is defined as the difference between the current market value and the exercise price. The weighted average grant date fair value of options granted during the year ended June 30, 2014, was $2.54. There were no options granted during the year ended June 30, 2015. The fair value for each option grant was estimated on the date of grant using the Black-Scholes option pricing model using the following assumptions. The Company used the seven year U.S. Treasury rate in effect at the time of the grant to determine the risk-free interest rate. The expected dividend yield was estimated using the projected semi-annual dividend level and recent stock price of the Company’s common stock at the date of grant. Expected volatility was based on historical volatility of the Company’s stock and other factors. The expected term of options granted represents the period of time that options are expected to be outstanding. The exercise price is the share price on the grant date of December 10, 2013. The weighted-average assumptions used in the Black-Scholes option pricing model for the grants made on December 10, 2013, were as follows: Risk-free interest rates 2.17 % Expected dividend yield 0.60 % Expected stock volatility 9.87 % Expected life (years) 7.00 Exercise price $ 16.63 There were 23,857 options that vested during the year ended June 30, 2015. Total unrecognized compensation cost related to non-vested stock options was $328,000 at June 30, 2015 and is expected to be recognized over a weighted-average period of 5.4 years. The following table summarizes non-vested restricted stock activity for the year ended June 30, 2015: Shares Weighted- Grant-Date Balance, June 30, 2014 85,500 $ 16.63 Granted — — Forfeited — — Earned and issued 8,550 16.63 Balance, June 30, 2015 76,950 16.63 The fair value of the restricted stock awards is amortized to compensation expense over the vesting period (ten years) 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. At the date of grant the par value of the shares granted was recorded in equity as a credit to common stock and a debit to paid-in capital. Stock-based compensation expense and related tax benefit for restricted stock was $142,000 and $83,000, and was recognized in non-interest expense for the year ended June 30, 2015 and 2014, respectively. Unrecognized compensation expense for non-vested restricted stock awards was $1.2 million and is expected to be recognized over 8.4 years with a corresponding credit to paid-in capital.

Earnings Per Share ("EPS")

Earnings Per Share ("EPS")	12 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share ("EPS")	Note 16: Earnings Per Share (“EPS”) Basic and diluted earnings per common share are presented for the years ended June 30, 2015 and 2014. The factors used in the earnings per common share computation follow: Year Ended Year Ended Net income $ 3,274 $ 3,477 Basic Weighted average shares outstanding 4,242,742 4,474,147 Less: Average unallocated ESOP shares (317,543 ) (336,788 ) Average shares outstanding 3,925,199 4,137,359 Diluted effect of restricted stock awards and stock options 479 — Diluted average shares outstanding 3,925,678 4,137,359 Basic earnings per common share $ 0.83 $ 0.84 Diluted earnings per common share $ 0.83 $ 0.84 The Company announced a stock repurchase plan on May 14, 2014, whereby the Company could repurchase up to 221,383 shares of its common stock, or approximately 5% of the then current outstanding shares. As of June 30, 2015, all 221,383 shares were repurchased at an average price of $16.52. The Company announced another stock repurchase plan on May 21, 2015, whereby the Company could repurchase up to 210,313 shares of its common stock, or approximately 5% of the then current outstanding shares. As of June 30, 2015, 127,000 shares were repurchased at an average price of $16.69. On December 10, 2013, the Company awarded 85,500 shares of restricted stock and 167,000 in stock options to officers and directors of the Association as part of the IF Bancorp, Inc. 2012 Equity Incentive Plan. The restricted stock will vest over 10 years and the stock options will vest over 7 years, both starting in December 2014. The 167,000 in stock options were not included in the computation of diluted earnings per share as the stock awards were considered antidilutive for the year ended June 30, 2015. As of June 30, 2014, the 167,000 in stock options and 85,500 shares of non-vested restricted stock were not included in the computation of diluted earnings per share as the stock awards were considered antidilutive.

Disclosures about Fair Value of

Disclosures about Fair Value of Assets	12 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Disclosures about Fair Value of Assets	Note 17: Disclosures about Fair Value of Assets Fair value is the price that would be received to sell an asset in an orderly transaction between market participants at the measurement date. Fair value measurements must maximize the use of observable inputs and minimize the use of unobservable inputs. There is a hierarchy of three levels of inputs that may be used to measure fair value: Level 1 Quoted prices in active markets for identical assets Level 2 Observable inputs other than Level 1 prices, such as quoted prices for similar assets; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets Level 3 Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets Recurring Measurements The following table presents the fair value measurements of assets recognized in the accompanying consolidated balance sheets measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fall at June 30, 2015 and 2014: Fair Value Measurements Using Fair Value Quoted Prices (Level 1) Significant (Level 2) Significant (Level 3) June 30, 2015: Available-for-sale securities: US Government and federal agency $ 107,938 $ — $ 107,938 $ — Mortgage-backed securities – GSE residential 58,840 — 58,840 — State and political subdivisions 3,852 — 3,852 — Mortgage servicing rights 505 — — 505 June 30, 2014: Available-for-sale securities: US Government and federal agency $ 114,662 $ — $ 114,662 $ — Mortgage-backed securities – GSE residential 66,732 — 66,732 — State and political subdivisions 3,192 — 3,192 — Mortgage servicing rights 506 — — 506 Following is a description of the valuation methodologies and inputs used for assets measured at fair value on a recurring basis and recognized in the accompanying balance sheets, as well as the general classification of such assets pursuant to the valuation hierarchy. There have been no significant changes in the valuation techniques during the year ended June 30, 2015. For assets classified within Level 3 of the fair value hierarchy, the process used to develop the reported fair value is described below. Available-for-sale Securities Where quoted market prices are available in an active market, securities are classified within Level 1 of the valuation hierarchy. There were no Level 1 securities as of June 30, 2015 or 2014. If quoted market prices are not available, then fair values are estimated by using pricing models, quoted prices of securities with similar characteristics or discounted cash flows. For these investments, the inputs used by the pricing service to determine fair value may include one, or a combination of, observable inputs such as benchmark yields, reported trades, broker/dealer quotes, issuer spreads, two-sided markets, benchmark securities, bid, offers and reference data market research publications and are classified within Level 2 of the valuation hierarchy. Level 2 securities include U.S. Government and federal agency, mortgage-backed securities (GSE - residential) and state and political subdivision. In certain cases where Level 1 or Level 2 inputs are not available, securities are classified within Level 3 of the hierarchy. There were no Level 3 securities as of June 30, 2015 or 2014. Mortgage Servicing Rights Mortgage servicing rights do not trade in an active, open market with readily observable prices. Accordingly, fair value is estimated using discounted cash flow models. Due to the nature of the valuation inputs, mortgage servicing rights are classified within Level 3 of the hierarchy. Management measures mortgage servicing rights through the completion of a proprietary model. Inputs to the model are developed by the accounting staff and are reviewed by management. The model is tested annually using baseline data to check its accuracy. Level 3 Reconciliation The following is a reconciliation of the beginning and ending balances of recurring fair value measurements recognized in the accompanying balance sheet using significant unobservable (Level 3) inputs: Mortgage Balance, July 1, 2013 $ 502 Total realized and unrealized gains and losses included in net income (3 ) Servicing rights that result from asset transfers 60 Payments received and loans refinanced (53 ) Balance, June 30, 2014 506 Total realized and unrealized gains and losses included in net income (11 ) Servicing rights that result from asset transfers 75 Payments received and loans refinanced (65 ) Balance, June 30, 2015 $ 505 Total gains or losses for the period included in net income attributable to the change in unrealized gains or losses related to assets and liabilities still held at the reporting date $ (11 ) Realized and unrealized gains and losses for items reflected in the table above are included in net income in the consolidated statements of income as noninterest income. Nonrecurring Measurements The following table presents the fair value measurement of assets measured at fair value on a nonrecurring basis and the level within the fair value hierarchy in which the fair value measurements fall at June 30, 2015 and 2014: Fair Value Measurements Using Fair Value Quoted Prices (Level 1) Significant (Level 2) Significant (Level 3) June 30, 2015: Impaired loans (collateral dependent) $ 63 $ — $ — $ 63 June 30, 2014: Impaired loans (collateral dependent) $ 401 $ — $ — $ 401 Foreclosed assets 38 — — 38 The following table presents (losses)/recoveries recognized on assets measured on a non-recurring basis for the years ended June 30, 2015 and 2014: 2015 2014 Impaired loans (collateral dependent) $ 71,000 $ 51,000 Foreclosed and repossessed assets held for sale (20,000 ) (75,000 ) Total (losses)/recoveries on assets measured on a non-recurring basis $ 51,000 $ (24,000 ) Following is a description of the valuation methodologies used for assets measured at fair value on a nonrecurring basis and recognized in the accompanying balance sheets, as well as the general classification of such assets pursuant to the valuation hierarchy. For assets classified within Level 3 of the fair value hierarchy, the process used to develop the reported fair value is described below. Collateral-dependent Impaired Loans, Net of the Allowance for Loan Losses The estimated fair value of collateral-dependent impaired loans is based on the appraised fair value of the collateral, less estimated cost to sell. Collateral-dependent impaired loans are classified within Level 3 of the fair value hierarchy. The Company considers the appraisal or evaluation as the starting point for determining fair value and then considers other factors and events in the environment that may affect the fair value. Appraisals of the collateral underlying collateral-dependent loans are obtained when the loan is determined to be collateral-dependent and subsequently as deemed necessary by the senior lending officer. Appraisals are reviewed for accuracy and consistency by the senior lending officer. Appraisers are selected from the list of approved appraisers maintained by management. The appraised values are reduced by discounts to consider lack of marketability and estimated cost to sell if repayment or satisfaction of the loan is dependent on the sale of the collateral. These discounts and estimates are developed by the senior lending officer by comparison to historical results. Foreclosed Assets Foreclosed assets consist primarily of real estate owned. Real estate owned (OREO) is carried at the lower of fair value at acquisition date or current estimated fair value, less estimated cost to sell when the real estate is acquired. Estimated fair value of OREO is based on appraisals or evaluations. OREO is classified within Level 3 of the fair value hierarchy. Appraisals of OREO are obtained when the real estate is acquired and subsequently as deemed necessary by the senior lending officer. Appraisals are reviewed for accuracy and consistency by the senior lending officer. Appraisers are selected from the list of approved appraisers maintained by management. Unobservable (Level 3) Inputs The following table presents quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements. Fair Value at Valuation Technique Unobservable Range (Weighted Mortgage servicing rights $ 505 Discounted cash Discount rate 9.5% - 10.5% (9.5%) Constant 10.0% - 11.5% (10.7%) Probability of 0.15% - 0.34% (0.33%) Impaired loans (collateral dependent) 63 Market comparable Marketability 0% - 11.1% (10.1%) Fair Value at Valuation Technique Unobservable Range (Weighted Mortgage servicing rights $ 506 Discounted cash Discount rate 10.0% - 11.0% (10.0%) Constant 10.8% - 13.1% (11.9%) Probability of 0.13% - 0.26% (0.25%) Impaired loans (collateral dependent) 401 Market comparable Marketability 0% - 24% (23.7%) Foreclosed assets 38 Market comparable Comparability 24% (24%) Fair Value of Financial Instruments The following table presents estimated fair values of the Company’s financial instruments and the level within the fair value hierarchy in which the fair value measurements fall at June 30, 2015 and 2014. Carrying Fair Value Quoted Prices in (Level 1) Significant Significant (Level 3) June 30, 2015: Financial assets Cash and cash equivalents $ 13,224 $ 13,224 $ — $ — Interest-bearing time deposits in banks 250 250 — — Loans, net of allowance for loan losses 356,194 — — 357,945 Federal Home Loan Bank stock 5,425 — 5,425 — Accrued interest receivable 1,673 — 1,673 — Financial liabilities Deposits 415,544 — 167,927 247,884 Repurchase agreements 4,024 — 4,024 — Federal Home Loan Bank advances 58,000 — 58,833 — Advances from borrowers for taxes and insurance 955 — 955 — Accrued interest payable 65 — 65 — Unrecognized financial instruments (net of contract amount) Commitments to originate loans — — — — Lines of credit — — — — June 30, 2014: Financial assets Cash and cash equivalents $ 12,731 $ 12,731 $ — $ — Interest-bearing time deposits in banks 250 250 — — Loans, net of allowance for loan losses 329,924 — — 333,282 Federal Home Loan Bank stock 5,425 — 5,425 — Accrued interest receivable 1,788 — 1,788 — Financial liabilities Deposits 404,593 — 149,343 255,451 Repurchase agreements 2,324 — 2,324 — Federal Home Loan Bank advances 56,750 — 58,146 — Advances from borrowers for taxes and insurance 997 — 997 — Accrued interest payable 96 — 96 — Unrecognized financial instruments (net of contract amount) Commitments to originate loans — — — — Lines of credit — — — — The following methods were used to estimate the fair value of all other financial instruments recognized in the accompanying consolidated balance sheets at amounts other than fair value. Cash and Cash Equivalents, Interest-Bearing Time Deposits in Banks, Federal Home Loan Bank Stock, Accrued Interest Receivable, Repurchase Agreements, Accrued Interest Payable and Advances from Borrowers for Taxes and Insurance The carrying amount approximates fair value. Loans The fair value of loans is estimated by discounting the future cash flows using the current rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities. Loans with similar characteristics were aggregated for purposes of the calculations. Deposits Deposits include demand deposits, savings accounts, NOW accounts and certain money market deposits. The carrying amount of these types of deposits approximates fair value. The fair value of fixed-maturity time deposits is estimated using a discounted cash flow calculation that applies the rates currently offered for deposits of similar remaining maturities. Federal Home Loan Bank Advances Rates currently available to the Company for debt with similar terms and remaining maturities are used to estimate the fair value of existing debt. Commitments to Originate Loans and Lines of Credit The fair value of commitments to originate loans is estimated using the fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the present creditworthiness of the counterparties. For fixed-rate loan commitments, fair value also considers the difference between current levels of interest rates and the committed rates. The fair values of lines of credit are based on fees currently charged for similar agreements, or on the estimated cost to terminate or otherwise settle the obligations with the counterparties at the reporting date.

Significant Estimates and Conce

Significant Estimates and Concentrations	12 Months Ended
	Jun. 30, 2015
Text Block [Abstract]
Significant Estimates and Concentrations	Note 18: Significant Estimates and Concentrations Accounting principles generally accepted in the United States of America require disclosure of certain significant estimates and current vulnerabilities due to certain concentrations. Estimates related to the allowance for loan losses are reflected in the footnote regarding loans. Current vulnerabilities due to certain concentrations of credit risk are discussed in the footnote on commitments and credit risk.

Commitments and Credit Risk

Commitments and Credit Risk	12 Months Ended
	Jun. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Credit Risk	Note 19: Commitments and Credit Risk The Company generates commercial, mortgage and consumer loans and receives deposits from customers located in Watseka, Danville, Clifton, Hoopeston, and Savoy, Illinois and within a 100-mile radius of the Company’s various locations. The Company generates commercial, mortgage and consumer loans from its location in Osage Beach, Missouri. The Company’s loans are generally secured by specific items of collateral including real property and consumer assets. Although the Company has a diversified loan portfolio, a substantial portion of its debtors’ ability to honor their contracts is dependent upon economic conditions in the Company’s various locations. Commitments to Originate Loans Commitments to originate loans are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since a portion of the commitments may expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. Each customer’s creditworthiness is evaluated on a case-by-case basis. The amount of collateral obtained, if deemed necessary, is based on management’s credit evaluation of the counterparty. Collateral held varies, but may include accounts receivable, inventory, property, plant and equipment, commercial real estate and residential real estate. At June 30, 2015 and 2014, the Company had outstanding commitments to originate loans aggregating approximately $32,028,000 and $8,949,000, respectively. The commitments extended over varying periods of time with the majority being disbursed within a one-year period. Loan commitments at fixed rates of interest amounted to $28,058,000 and $2,266,000 at June 30, 2015 and 2014, respectively, with the remainder subject to adjustable interest rates. The weighted average interest rates for fixed rate loan commitments were 4.09% and 4.74% as of June 30, 2015 and 2014, respectively. Lines of Credit Lines of credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Lines of credit generally have fixed expiration dates. Since a portion of the line may expire without being drawn upon, the total unused lines do not necessarily represent future cash requirements. Each customer’s creditworthiness is evaluated on a case-by-case basis. The amount of collateral obtained, if deemed necessary, is based on management’s credit evaluation of the counterparty. Collateral held varies but may include accounts receivable, inventory, property, plant and equipment, commercial real estate and residential real estate. Management uses the same credit policies in granting lines of credit as it does for on-balance-sheet instruments. At June 30, 2015, the Company had granted unused lines of credit to borrowers aggregating approximately $27,441,000 and $5,506,000 for commercial lines and open-end consumer lines, respectively. At June 30, 2014, the Company had granted unused lines of credit to borrowers aggregating approximately $12,919,000 and $5,744,000 for commercial lines and open-end consumer lines, respectively. Other Credit Risks At June 30, 2015 and 2014, the interest-bearing demand deposits on the consolidated balance sheets represent amounts on deposit with one financial institution, the Federal Home Loan Bank of Chicago.

Condensed Financial Information

Condensed Financial Information (Parent Company Only)	12 Months Ended
	Jun. 30, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Financial Information (Parent Company Only)	Note 20: Condensed Financial Information (Parent Company Only) Presented below is condensed financial information as to financial position, results of operations and cash flows of the Company as of and for the years ended June 30, 2015 and 2014: Condensed Balance Sheet June 30, June 30, Assets Cash and due from banks $ 10,206 $ 10,272 Investment in common stock of subsidiary 66,485 67,719 ESOP loan 3,260 3,413 Deferred income taxes 496 686 Total assets $ 80,447 $ 82,090 Liabilities Other liabilities $ 11 $ 4 Total liabilities 11 4 Stockholders’ Equity 80,436 82,086 Total liabilities and stockholders’ equity $ 80,447 $ 82,090 Condensed Statement of Income and Comprehensive Income Year Ending Year Ending Income Interest on ESOP loan $ 109 $ 114 Deposits with financial institutions — — Total income 109 114 Expense Interest expense — — Charitable contributions — — Other 149 161 Total expense 149 161 Loss Before Income Tax and Equity in Undistributed Income of Subsidiary (40 ) (47 ) Benefit for Income Taxes (12 ) (13 ) Loss Before Equity in Undistributed Loss of Subsidiary (28 ) (34 ) Equity in Undistributed Income of Subsidiary 3,302 3,511 Net Income $ 3,274 $ 3,477 Comprehensive Income $ 3,192 $ 4,943 Condensed Statement of Cash Flows Year Ended Year Ended Cash flows from operating activities Net income $ 3,274 $ 3,477 Items not requiring (providing) cash Deferred income tax 190 256 Net change in other liabilities 7 4 Earnings from subsidiary (3,302 ) (3,511 ) Net cash provided by operating activities 169 226 Cash flows from financing activities Stock purchase per stock repurchase plan (4,952 ) (4,622 ) Dividends paid (436 ) (450 ) Dividends received 5,000 — Loan for ESOP 153 149 Net cash used in financing activities (235 ) (4,923 ) Net Increase (Decrease) in Cash and Cash Equivalents (66 ) (4,697 ) Cash and Cash Equivalents at Beginning of Year 10,272 14,969 Cash and Cash Equivalents at End of Year $ 10,206 $ 10,272

Nature of Operations and Summ30

Nature of Operations and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Nature of Operations	Nature of Operations IF Bancorp, Inc., (“IF Bancorp” or the “Company”) is a Maryland corporation whose principal activity is the ownership and management of its wholly-owned subsidiary, Iroquois Federal Savings and Loan Association (“Iroquois Federal” or the “Association”). The Association is primarily engaged in providing a full range of banking and financial services to individual and corporate customers within a 100-mile radius of its locations in Watseka, Danville, Clifton, Hoopeston and Savoy, Illinois and Osage Beach, Missouri. The principal activity of the Association’s wholly-owned subsidiary, L.C.I. Service Corporation (“L.C.I.”), is the sale of property and casualty insurance. The Company is primarily engaged in the business of directing, planning, and coordinating the business activities of the Association. The Company and Association are subject to competition from other financial institutions. The Company and Association are also subject to the regulation of certain federal and state agencies and undergo periodic examinations by those regulatory authorities.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of the Company, the Association and Association’s wholly owned subsidiary, L.C.I. All significant intercompany accounts and transactions have been eliminated in consolidation.
Operating Segment	Operating Segment The Company provides community banking services, including such products and services as loans, certificates of deposits, savings accounts, and mortgage originations. These activities are reported as a single operating segment. The Company does not derive revenues from, or have assets located in, foreign countries, nor does it derive revenues from any single customer that represents 10% or more of the Company’s total revenues.
Use of Estimates	Use of Estimates The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses and the valuation of real estate acquired in connection with foreclosures or in satisfaction of loans, fair value measurements and classifications of investment securities, loan servicing rights and income taxes.
Interest-bearing Deposits in Banks	Interest-bearing Deposits in Banks Interest-bearing deposits in banks mature within five years and are carried at cost.
Cash Equivalents	Cash Equivalents The Company considers all liquid investments with original maturities of three months or less to be cash equivalents. At June 30, 2015 and 2014, cash equivalents consisted primarily of noninterest bearing deposits and interest bearing demand deposits.
Securities	Securities Securities are classified as “available for sale” and recorded at fair value, with unrealized gains and losses excluded from earnings and reported in other comprehensive income (loss). Purchase premiums and discounts are recognized in interest income using the interest method over the terms of the securities. Gains and losses on the sale of securities are recorded on the trade date and are determined using the specific identification method.
Loans Held for Sale	Loans Held for Sale Mortgage loans originated and intended for sale in the secondary market are carried at the lower of cost or fair value in the aggregate. Net unrealized losses, if any, are recognized through a valuation allowance by charges to noninterest income. Gains and losses on loan sales are recorded in noninterest income, and direct loan origination costs and fees are deferred at origination of the loan and are recognized in noninterest income upon sale of the loan.
Loans	Loans Loans that management has the intent and ability to hold for the foreseeable future or until maturity or payoffs are reported at their outstanding principal balances adjusted for unearned income, charge-offs, the allowance for loan losses, and any unamortized deferred fees or costs on originated loans. For loans amortized at cost, interest income is accrued based on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and amortized as a level yield adjustment over the respective term of the loan. The accrual of interest on loans is discontinued at the time the loan is 90 days past due unless the credit is well-secured and in process of collection. Past due status is based on contractual terms of the loan. In all cases, loans are placed on nonaccrual or charged off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued but not collected for loans that are placed on nonaccrual or charged off are reversed against interest income. The interest on these loans is accounted for on the cash-basis or cost-recovery method, until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured.
Allowance for Loan Losses	Allowance for Loan Losses The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to income. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectibility of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The allowance consists of allocated and general components. The allocated component relates to loans that are classified as impaired. For those loans that are classified as impaired, an allowance is established when the collateral value of the impaired loan is lower than the carrying value of that loan. The general component covers nonclassified loans and is based on historical charge-off experience and expected loss given default derived from the Company’s internal risk rating process. Other adjustments may be made to the allowance for pools of loans after an assessment of internal or external influences on credit quality that are not fully reflected in the historical loss or risk rating data. A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis for commercial and construction loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price or the fair value of the collateral if the loan is collateral dependent. Groups of loans with similar characteristics, including individually evaluated loans not determined to be impaired, are collectively evaluated for impairment based on the group’s historical loss experience adjusted for changes in trends, conditions and other relevant factors that affect repayment of the loans.
Premises and Equipment	Premises and Equipment Depreciable assets are stated at cost less accumulated depreciation. Depreciation is charged to expense using the straight-line method over the estimated useful lives of the assets. The estimated useful lives for each major depreciable classification of premises and equipment are as follows: Buildings and improvements 35-40 years Furniture and equipment 3-5 years
Federal Home Loan Bank Stock	Federal Home Loan Bank Stock Federal Home Loan Bank stock is a required investment for institutions that are members of the Federal Home Loan Bank system. The required investment in the common stock is based on a predetermined formula, carried at cost and evaluated for impairment.
Foreclosed Assets Held for Sale	Foreclosed Assets Held for Sale Assets acquired through, or in lieu of, loan foreclosure are held for sale and are initially recorded at fair value less cost to sell at the date of foreclosure, establishing a new cost basis. Subsequent to foreclosure, valuations are periodically performed by management and the assets are carried at the lower of carrying amount or fair value less cost to sell. Revenue and expenses from operations and changes in the valuation allowance are included in net income or expense from foreclosed assets.
Bank-owned Life Insurance	Bank-owned Life Insurance Bank-owned life insurance policies are reflected on the consolidated balance sheets at the estimated cash surrender value. Changes in the cash surrender value are reflected in noninterest income in the consolidated statements of income.
Fee Income	Fee Income Loan origination fees, net of direct origination costs, are recognized as income using the level-yield method over the contractual life of the loans.
Mortgage Servicing Rights	Mortgage Servicing Rights Mortgage servicing assets are recognized separately when rights are acquired through purchase or through sale of financial assets. Under the servicing assets and liabilities accounting guidance (ASC 860-50), servicing rights resulting from the sale or securitization of loans originated by the Company are initially measured at fair value at the date of transfer. The Company has elected to initially and subsequently measure the mortgage servicing rights for consumer mortgage loans using the fair value method. Under the fair value method, the servicing rights are carried in the balance sheet at fair value and the changes in fair value are reported in earnings in the period in which the changes occur. Fair value is based on market prices for comparable mortgage servicing contracts, when available, or alternatively, is based on a valuation model that calculates the present value of estimated future net servicing income. The valuation model incorporates assumptions that market participants would use in estimating future net servicing income, such as the cost to service, the discount rate, the custodial earnings rate, an inflation rate, ancillary income, prepayment speeds and default rates and losses. These variables change from quarter to quarter as market conditions and projected interest rates change, and may have an adverse impact on the value of the mortgage servicing right and may result in a reduction to noninterest income. Servicing fee income is recorded for fees earned for servicing loans. The fees are based on a contractual percentage of the outstanding principal or a fixed amount per loan and are recorded as income when earned. The change in fair value of mortgage servicing rights is netted against loan servicing fee income.
Transfers of Financial Assets	Transfers of Financial Assets Transfers of financial assets are accounted for as sales, when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Company – put presumptively beyond the reach of the transferor and its creditors, even in bankruptcy or other receivership, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets and (3) the Company does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity or the ability to unilaterally cause the holder to return specific assets.
Income Taxes	Income Taxes The Company accounts for income taxes in accordance with income tax accounting guidance (ASC 740, Income Taxes Tax positions are recognized if it is more likely than not, based on the technical merits, that the tax position will be realized or sustained upon examination. The term more likely than not means a likelihood of more than 50 percent; the terms examined and upon examination also include resolution of the related appeals or litigation processes, if any. A tax position that meets the more-likely-than-not recognition threshold is initially and subsequently measured as the largest amount of tax benefit that has a greater than 50 percent likelihood of being realized upon settlement with a taxing authority that has full knowledge of all relevant information. The determination of whether or not a tax position has met the more-likely-than-not recognition threshold considers the facts, circumstances and information available at the reporting date and is subject to management’s judgment. With a few exceptions, the Company is no longer subject to U.S. federal, state and local or non-U.S. income tax examinations by tax authorities for years before 2011. The Company recognizes interest and penalties on income taxes as a component of income tax expense. The Company files consolidated income tax returns with its subsidiary.
Earnings Per Share	Earnings Per Share Basic earnings per share represents income available to common stockholders divided by the weight-average number of common shares outstanding during each year. Diluted earnings per share reflects additional potential common shares that would have been outstanding if dilutive potential common shares had been issued, as well as any adjustment to income that would result from the assumed issuance. Potential common shares that may be issued by the Company relate solely to outstanding stock options and restricted stock awards and are determined using the treasury stock method.
Comprehensive Income	Comprehensive Income Comprehensive income consists of net income and other comprehensive income (loss), net of applicable income taxes. Other comprehensive income (loss) includes unrealized appreciation (depreciation) on available-for-sale securities and changes in the funded status of the postretirement health benefit plan.
Stock-based Compensation Plans	Stock-based Compensation Plans At June 30, 2015, the Company has stock-based compensation plans (stock options and restricted stock) which are described more fully in Note 15.
Transfers between Fair Value Hierarchy Levels	Transfers between Fair Value Hierarchy Levels Transfers in and out of Level 1 (quoted market prices), Level 2 (other significant observable inputs) and Level 3 (significant unobservable inputs) are recognized on the period ending date.
Liabilities	Recent and Future Accounting Requirements In May, 2014, the FASB issued ASU No. 2014-09, Revenue from Contracts with Customers (Topic 606). The update provides a five-step revenue recognition model for all revenue arising from contracts with customers and affects all entities that enter into contracts to provide goods or services to their customers (unless the contracts are included in the scope of other standards). The guidance requires an entity to recognize the revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods and services. For public entities, the guidance is effective for annual reporting periods beginning after December 15, 2016, including interim periods within that reporting period, and must be applied either retrospectively or using the modified retrospective approach. Early adoption is not permitted. In April 2015, the Financial Accounting Standards Board voted for a one year deferral of the effective date of ASU 2014-09. Management is evaluating the new guidance, but does not expect the adoption of this guidance to have a material impact on the Company’s Consolidated Financial Statements.

Nature of Operations and Summ31

Nature of Operations and Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Estimated Useful Lives of Premises and Equipment	The estimated useful lives for each major depreciable classification of premises and equipment are as follows: Buildings and improvements 35-40 years Furniture and equipment 3-5 years

Securities (Tables)

Securities (Tables)	12 Months Ended
	Jun. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Amortized Cost and Approximate Fair Values, Together with Gross Unrealized Gains and Losses, of Securities	The amortized cost and approximate fair values, together with gross unrealized gains and losses, of securities are as follows: Amortized Gross Gross Fair Value Available-for-sale Securities: June 30, 2015: U.S. Government and federal agency and Government sponsored enterprises (GSEs) $ 105,742 $ 2,283 $ (87 ) $ 107,938 Mortgage-backed: GSE residential 59,213 531 (904 ) 58,840 State and political subdivisions 3,585 267 — 3,852 $ 168,540 $ 3,081 $ (991 ) $ 170,630 June 30, 2014: U.S. Government and federal agency and Government sponsored enterprises (GSEs) $ 112,511 $ 2,773 $ (622 ) $ 114,662 Mortgage-backed: GSE residential 67,033 721 (1,022 ) 66,732 State and political subdivisions 3,022 185 (15 ) 3,192 $ 182,566 $ 3,679 $ (1,659 ) $ 184,586
Amortized Cost and Fair Value of Available for Sale Securities by Contractual Maturity	The amortized cost and fair value of available-for-sale securities at June 30, 2015, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because issuers may have the right to call or prepay obligations with or without call or prepayment penalties. Amortized Fair Value Within one year $ 36 $ 36 One to five years 24,920 25,981 Five to ten years 82,384 83,657 After ten years 1,987 2,116 109,327 111,790 Mortgage-backed securities 59,213 58,840 Totals $ 168,540 $ 170,630
Association's Investments Gross Unrealized Losses and Fair Value of Association's Investments with Unrealized Losses	The following table shows the Company’s gross unrealized investment losses and the fair value of the Company’s investments with unrealized losses that are not deemed to be other-than-temporarily impaired, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position at June 30, 2015 and 2014: Less Than 12 Months 12 Months or More Total Description of Securities Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized June 30, 2015: U.S. Government and federal agency and Government sponsored enterprises (GSE’s) $ 9,913 $ (87 ) $ — $ — $ 9,913 $ (87 ) Mortgage-backed: GSE residential 20,875 (322 ) 18,753 (582 ) 39,628 (904 ) State and political subdivisions — — — — — — Total temporarily impaired securities $ 30,788 $ (409 ) $ 18,753 $ (582 ) $ 49,541 $ (991 ) June 30, 2014: U.S. Government and federal agency and Government sponsored enterprises (GSE’s) $ 6,616 $ (148 ) $ 17,370 $ (474 ) $ 23,986 $ (622 ) Mortgage-backed: GSE residential — — 44,585 (1,022 ) 44,585 (1,022 ) State and political subdivisions — — 1,045 (15 ) 1,045 (15 ) Total temporarily impaired securities $ 6,616 $ (148 ) $ 63,000 $ (1,511 ) $ 69,616 $ (1,659 )

Loans and Allowance for Loan 33

Loans and Allowance for Loan Losses (Tables)	12 Months Ended
	Jun. 30, 2015
Categories of Loans	Classes of loans at June 30, include: 2015 2014 Real estate loans One- to four-family, including home equity loans $ 145,064 $ 149,549 Multi-family 58,399 61,603 Commercial 103,614 83,134 Home equity lines of credit 7,713 7,824 Construction 987 1,572 Commercial 37,151 23,120 Consumer 8,325 8,509 361,253 335,311 Less Unearned fees and discounts, net 155 104 Loans in process 693 1,325 Allowance for loan losses 4,211 3,958 Loans, net $ 356,194 $ 329,924
Allowance for Loan Losses and Recorded Investment in Loans Based on Portfolio Segment and Impairment Method	The following tables present the balance in the allowance for loan losses and the recorded investment in loans based on portfolio segment and impairment method as of June 30, 2015 and 2014: 2015 Real Estate Loans One- to four- Multi-family Commercial Home Equity Construction Allowance for loan losses: Balance, beginning of year $ 1,391 $ 842 $ 968 $ 111 $ 10 Provision charged to expense 27 (15 ) 278 (4 ) (4 ) Losses charged off (231 ) — — (35 ) — Recoveries 29 — — 13 — Balance, end of period $ 1,216 $ 827 $ 1,246 $ 85 $ 6 Ending balance: individually evaluated for impairment $ 57 $ — $ 25 $ — $ — Ending balance: collectively evaluated for impairment $ 1,159 $ 827 $ 1,221 $ 85 $ 6 Loans: Ending balance $ 145,064 $ 58,399 $ 103,614 $ 7,713 $ 987 Ending balance: individually evaluated for impairment $ 3,274 $ 1,537 $ 46 $ 8 $ — Ending balance: collectively evaluated for impairment $ 141,790 $ 56,862 $ 103,568 $ 7,705 $ 987 2015 (Continued) Commercial Consumer Unallocated Total Allowance for loan losses: Balance, beginning of year $ 543 $ 93 $ — $ 3,958 Provision charged to expense 201 (23 ) — 460 Losses charged off — (12 ) — (278 ) Recoveries — 29 — 71 Balance, end of year $ 744 $ 87 $ — $ 4,211 Ending balance: individually evaluated for impairment $ — $ 9 $ — $ 91 Ending balance: collectively evaluated for impairment $ 744 $ 78 $ — $ 4,120 Loans: Ending balance $ 37,151 $ 8,325 $ — $ 361,253 Ending balance: individually evaluated for impairment $ 21 $ 21 $ — $ 4,907 Ending balance: collectively evaluated for impairment $ 37,130 $ 8,304 $ — $ 356,346 2014 Real Estate Loans One- to four- Multi-family Commercial Home Equity Construction Allowance for loan losses: Balance, beginning of year $ 1,616 $ 797 $ 838 $ 90 $ 24 Provision charged to expense 143 45 158 37 (14 ) Losses charged off (418 ) — (28 ) (16 ) — Recoveries 50 — — — — Balance, end of period $ 1,391 $ 842 $ 968 $ 111 $ 10 Ending balance: individually evaluated for impairment $ 143 $ — $ 35 $ 21 $ — Ending balance: collectively evaluated for impairment $ 1,248 $ 842 $ 933 $ 90 $ 10 Loans: Ending balance $ 149,549 $ 61,603 $ 83,134 $ 7,824 $ 1,572 Ending balance: individually evaluated for impairment $ 2,781 $ 1,621 $ 55 $ 28 $ — Ending balance: collectively evaluated for impairment $ 146,768 $ 59,982 $ 83,079 $ 7,796 $ 1,572 2014 (Continued) Commercial Consumer Unallocated Total Allowance for loan losses: Balance, beginning of year $ 431 $ 104 $ 38 $ 3,938 Provision charged to expense 150 21 (38 ) 502 Losses charged off (38 ) (38 ) — (538 ) Recoveries — 6 — 56 Balance, end of year $ 543 $ 93 $ — $ 3,958 Ending balance: individually evaluated for impairment $ — $ 16 $ — $ 215 Ending balance: collectively evaluated for impairment $ 543 $ 77 $ — $ 3,743 Loans: Ending balance $ 23,120 $ 8,509 $ — $ 335,311 Ending balance: individually evaluated for impairment $ 29 $ 31 $ — $ 4,545 Ending balance: collectively evaluated for impairment $ 23,091 $ 8,478 $ — $ 330,766
Credit Risk Profile of Association's Loan Portfolio Based on Rating Category and Payment Activity	The following tables present the credit risk profile of the Company’s loan portfolio, as of June 30, 2015 and 2014, based on rating category and payment activity: Real Estate Loans June 30, 2015 One- to four- Multi-family Commercial Home Equity Construction Pass $ 141,532 $ 57,989 $ 99,487 $ 7,705 $ 987 Watch 759 170 748 — — Substandard 2,773 240 3,379 8 — Doubtful — — — — — Loss — — — — — Total $ 145,064 $ 58,399 $ 103,614 $ 7,713 $ 987 June 30, 2015, (Continued) Commercial Consumer Total Pass $ 36,054 $ 8,304 $ 352,058 Watch 1,076 — 2,753 Substandard 21 21 6,442 Doubtful — — — Loss — — — Total $ 37,151 $ 8,325 $ 361,253 Real Estate Loans June 30, 2014 One- to four- Multi-family Commercial Home Equity Construction Pass $ 146,124 $ 59,806 $ 81,152 $ 7,797 $ 1,572 Watch 782 1,501 336 — — Substandard 2,643 296 1,646 27 — Doubtful — — — — — Loss — — — — — Total $ 149,549 $ 61,603 $ 83,134 $ 7,824 $ 1,572 June 30, 2014, (Continued) Commercial Consumer Total Pass $ 20,636 $ 8,477 $ 325,564 Watch — — 2,619 Substandard 2,484 32 7,128 Doubtful — — — Loss — — — Total $ 23,120 $ 8,509 $ 335,311
Association's Loan Portfolio Aging Analysis	The following tables present the Company’s loan portfolio aging analysis as of June 30, 2015 and 2014: 30-59 Days 60-89 Days Past Due Greater Than Total Past Due Current Total Loans Total Loans > June 30, 2015 Real estate loans: One- to four-family $ 2,129 $ 724 $ 2,279 $ 5,132 $ 139,932 $ 145,064 $ 15 Multi-family 174 31 — 205 58,194 58,399 — Commercial — 137 — 137 103,477 103,614 — Home equity lines of credit 19 — — 19 7,694 7,713 — Construction — — — — 987 987 — Commercial — 21 — 21 37,130 37,151 — Consumer 40 — 21 61 8,264 8,325 7 Total $ 2,362 $ 913 $ 2,300 $ 5,575 $ 355,678 $ 361,253 $ 22 June 30, 2014 Real estate loans: One- to four-family $ 2,985 $ 876 $ 1,500 $ 5,361 $ 144,188 $ 149,549 $ 182 Multi-family — — — — 61,603 61,603 — Commercial — 349 — 349 82,785 83,134 — Home equity lines of credit 49 36 — 85 7,739 7,824 — Construction — — — — 1,572 1,572 — Commercial — — — — 23,120 23,120 — Consumer 97 33 — 130 8,379 8,509 — Total $ 3,131 $ 1,294 $ 1,500 $ 5,925 $ 329,386 $ 335,311 $ 182
Summary of Impaired Loans	The following tables present impaired loans for year ended June 30, 2015 and 2014: June 30, 2015 Recorded Unpaid Specific Average Interest Interest on Loans without a specific allowance: Real estate loans: One- to four-family $ 2,801 $ 2,801 $ — $ 2,851 $ 18 $ 31 Multi-family 1,537 1,537 — 1,573 69 92 Commercial — — — — — — Home equity lines of credit 8 8 — 9 — — Construction — — — — — — Commercial 21 21 — 25 — — Consumer 6 6 — 9 — — Loans with a specific allowance: Real estate loans: One- to four-family $ 473 $ 473 $ 57 $ 487 $ 6 $ 11 Multi-family — — — — — — Commercial 46 46 25 50 — — Home equity lines of credit — — — — — — Construction — — — — — — Commercial — — — — — — Consumer 15 15 9 22 1 1 Total: Real estate loans: One- to four-family $ 3,274 $ 3,274 $ 57 $ 3,338 $ 24 $ 42 Multi-family 1,537 1,537 — 1,573 69 92 Commercial 46 46 25 50 — — Home equity lines of credit 8 8 — 9 — — Construction — — — — — — Commercial 21 21 — 25 — — Consumer 21 21 9 31 1 1 Total $ 4,907 $ 4,907 $ 91 $ 5,026 $ 94 $ 135 June 30, 2014 Recorded Unpaid Specific Average Interest Interest on Loans without a specific allowance: Real estate loans: One- to four-family $ 2,107 $ 2,107 $ — $ 2,174 $ 25 $ 31 Multi-family 1,621 1,621 — 1,664 78 94 Commercial — — — — — — Home equity lines of credit — — — — — — Construction — — — — — — Commercial 29 29 — — — — Consumer 15 15 — 26 — — Loans with a specific allowance: Real estate loans: One- to four-family $ 674 $ 674 $ 143 $ 689 $ 1 $ 1 Multi-family — — — — — — Commercial 55 55 35 59 — — Home equity lines of credit 28 28 21 29 1 1 Construction — — — — — — Commercial — — — 34 — — Consumer 16 16 16 19 1 1 Total: Real estate loans: One- to four-family $ 2,781 $ 2,781 $ 143 $ 2,863 $ 26 $ 32 Multi-family 1,621 1,621 — 1,664 78 94 Commercial 55 55 35 59 — — Home equity lines of credit 28 28 21 29 1 1 Construction — — — — — — Commercial 29 29 — 34 — — Consumer 31 31 16 45 1 1 Total $ 4,545 $ 4,545 $ 215 $ 4,694 $ 106 $ 128
Loans Modified as Troubled Debt Restructurings	The following table represents loans modified as troubled debt restructurings during the years ending June 30, 2015 and 2014: Year Ended June 30, 2015 Year Ended June 30, 2014 Number of Recorded Number of Recorded Real estate loans: One- to four-family 2 $ 27 2 $ 13 Home equity lines of credit 1 8 — — Multi-family — — — — Commercial 1 12 1 15 Total real estate loans 4 47 3 28 Construction — — — — Commercial — — — — Consumer loans — — — — Total 4 $ 47 3 $ 28
Nonaccrual 1 [Member]
Nonaccrual Loans	The following table presents the Company’s nonaccrual loans at June 30, 2015 and 2014: 2015 2014 Real estate loans One- to four-family, including home equity loans $ 2,724 $ 2,146 Multi-family 240 296 Commercial 46 55 Home equity lines of credit — 28 Construction — — Commercial 21 29 Consumer 14 30 Total $ 3,045 $ 2,584
Nonaccrual 2 [Member]
Nonaccrual Loans	The following table presents the recorded balance, at original cost, of troubled debt restructurings, all of which were performing according to the terms of the restructuring, as of June 30, 2015 and 2014. As of June 30, 2015 all loans listed were on nonaccrual except for nine one- to four-family residential loans totaling $551,000, one multi-family loan for $1.3 million, and one home equity line of credit for $8,000. As of June 30, 2014 all loans listed were on nonaccrual except for nine, one- to four-family residential loans totaling $635,000, and one multi-family loan for $1.3 million. June 30, 2015 June 30, 2014 Real estate loans One- to four-family $ 1,307 $ 1,477 Multi-family 1,297 1,335 Commercial 12 15 Home equity lines of credit 8 — Total real estate loans 2,624 2,827 Construction — — Commercial 21 29 Consumer — — Total $ 2,645 $ 2,856

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Jun. 30, 2015
Property, Plant and Equipment [Abstract]
Major Classifications of Premises and Equipment, Stated at Cost	Major classifications of premises and equipment, stated at cost, are as follows: 2015 2014 Land $ 895 $ 895 Buildings and improvements 6,178 6,165 Furniture and equipment 3,408 3,317 10,481 10,377 Less accumulated depreciation 5,681 5,253 Net premises and equipment $ 4,800 $ 5,124

Loan Servicing (Tables)

Loan Servicing (Tables)	12 Months Ended
	Jun. 30, 2015
Transfers and Servicing [Abstract]
Activity in Mortgage Servicing Rights Measured Using Fair Value Method	The following summarizes the activity in mortgage servicing rights measured using the fair value method: 2015 2014 Fair value, beginning of period $ 506 $ 502 Additions: Servicing assets resulting from asset transfers 75 60 Subtractions: Payments received and loans refinanced (65 ) (53 ) Changes in fair value, due to changes in valuation inputs or assumptions (11 ) (3 ) Fair value, end of period $ 505 $ 506

Interest-Bearing Deposits (Tabl

Interest-Bearing Deposits (Tables)	12 Months Ended
	Jun. 30, 2015
Banking and Thrift [Abstract]
Interest Expense by Deposit Type	The following table represents interest expense by deposit type: 2015 2014 Savings, NOW, and Money Market $ 208 $ 247 Certificates of deposit 2,044 1,927 Brokered certificates of deposit 181 148 Total deposit interest expense $ 2,433 $ 2,322
Scheduled Maturities of Time Deposits Including Brokered Time Deposits	At June 30, 2015, the scheduled maturities of time deposits; including brokered time deposits, are as follows: 2016 $ 150,340 2017 64,845 2018 28,144 2019 2,852 2020 and thereafter 1,431 $ 247,612

Federal Home Loan Bank Advanc37

Federal Home Loan Bank Advances (Tables)	12 Months Ended
	Jun. 30, 2015
Banking and Thrift [Abstract]
Aggregate Annual Maturities of Federal Home Loan Bank Advances	Aggregate annual maturities of Federal Home Loan Bank advances at June 30, 2015, are: 2016 $ 42,000 2017 15,000 2018 1,000 $ 58,000

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Components of the Provision for Income Taxes	The provision for income taxes includes these components: 2015 2014 Taxes currently payable $ 1,970 $ 1,695 Deferred income taxes (135 ) 167 Income tax expense $ 1,835 $ 1,862
Reconciliation of Income Tax Expense at the Statutory Rate	A reconciliation of income tax expense at the statutory rate to the Company’s actual income tax expense is shown below: 2015 2014 Computed at the statutory rate (34%) $ 1,737 $ 1,815 Increase (decrease) resulting from Tax exempt interest (51 ) (10 ) Cash surrender value of life insurance (90 ) (91 ) State income taxes 192 211 Other 47 (63 ) Actual tax expense $ 1,835 $ 1,862 Tax rate as a percentage of pre-tax income 35.9 % 34.9 %
Temporary Differences Related to Deferred Taxes	The tax effects of temporary differences related to deferred taxes shown on the consolidated balance sheets were: 2015 2014 Deferred tax assets Allowance for loan losses $ 1,694 $ 1,592 Reserve for uncollectible interest 75 46 Accrued retirement liability 928 904 Deferred compensation 364 338 Deferred loan fees 163 145 Charitable foundation contribution 496 686 Postretirement health plan 141 57 Other 28 23 3,889 3,791 Deferred tax liabilities Depreciation (256 ) (395 ) Unrealized gains on available-for-sale securities (842 ) (814 ) Federal Home Loan Bank stock dividends (313 ) (313 ) Mortgage servicing rights (203 ) (204 ) Other (26 ) (6 ) (1,640 ) (1,732 ) Net deferred tax asset $ 2,249 $ 2,059

Accumulated Other Comprehensi39

Accumulated Other Comprehensive Income (Tables)	12 Months Ended
	Jun. 30, 2015
Equity [Abstract]
Components of Accumulated Other Comprehensive Income	The components of accumulated other comprehensive income, included in stockholders’ equity, are as follows: 2015 2014 Net unrealized gains on securities available for sale $ 2,090 $ 2,020 Net unrealized postretirement health benefit plan obligations (417 ) (211 ) 1,673 1,809 Tax effect (674 ) (728 ) Net-of-tax amount $ 999 $ 1,081

Changes in Accumulated Other 40

Changes in Accumulated Other Comprehensive Income (AOCI) by Component (Tables)	12 Months Ended
	Jun. 30, 2015
Text Block [Abstract]
Amounts Reclassified from Accumulated Other Comprehensive Income	Amounts reclassified from AOCI and the affected line items in the statements of income during the years ended June 30, 2015 and 2014, were as follows: Amounts Reclassified 2015 2014 Affected Line Item in the Unrealized losses on available-for-sale securities $ (24 ) $ (123 ) Net realized gains on sale of available-for-sale securities Amortization of defined benefit pension items: Transition obligation 24 32 Components are included in computation of net periodic pension cost Actuarial losses (183 ) (44 ) Prior service costs (48 ) (48 ) Total reclassified amount before tax (231 ) (183 ) Tax expense 93 74 Provision for Income Tax Total reclassification out of AOCI $ (138 ) $ (109 ) Net Income

Regulatory Matters (Tables)

Regulatory Matters (Tables)	12 Months Ended
	Jun. 30, 2015
Banking and Thrift [Abstract]
Association's Actual Capital Amounts and Ratios	The Association’s actual capital amounts (in thousands) and ratios are also presented in the table. Actual Minimum Capital Minimum to Be Well Amount Ratio Amount Ratio Amount Ratio As of June 30, 2015 Total capital (to risk-weighted assets) Company $ 83,648 23.18 % $ N/A N/A $ N/A N/A Association 69,697 19.33 % 28,842 8.0 % 36,052 10.0 % Tier 1 capital (to risk-weighted assets) Company 79,437 22.01 % N/A N/A N/A N/A Association 65,486 18.16 % 21,631 6.0 % 28,842 8.0 % Common Equity Tier 1 capital (to risk-weighted assets) Company 79,437 22.01 % N/A N/A N/A N/A Association 65,486 18.16 % 16,224 4.5 % 23,434 6.5 % Tier 1 capital (to adjusted total assets) Company 79,437 14.45 % N/A N/A N/A N/A Association 65,486 11.93 % 21,962 4.0 % 27,452 5.0 % Tangible capital (to adjusted tangible assets) Company 79,437 14.45 % N/A N/A N/A N/A Association 65,486 11.93 % 8,236 1.5 % N/A N/A As of June 30, 2014 Total capital (to risk-weighted assets) Company $ 84,912 26.30 % $ N/A N/A $ N/A N/A Association 70,545 21.90 % 25,775 8.0 % 32,219 10.0 % Tier 1 capital (to risk-weighted assets) Company 80,954 25.07 % N/A N/A N/A N/A Association 66,587 20.67 % N/A N/A 19,331 6.0 % Tier 1 capital (to adjusted total assets) Company 80,954 14.71 % N/A N/A N/A N/A Association 66,587 12.12 % 16,486 3.0 % 27,476 5.0 % Tangible capital (to adjusted total assets) Company 80,954 14.71 % N/A N/A N/A N/A Association 66,587 12.12 % 8,243 1.5 % N/A N/A
Reconciliation of Association Equity Amounts	The following is a reconciliation of the Association equity amounts included in the consolidated balance sheets to the amounts reflected for regulatory purposes: 2015 2014 Association equity $ 66,485 $ 67,719 Less net unrealized gains 1,248 1,207 Less disallowed servicing amounts — 51 Less postretirement benefit plan (249 ) (126 ) Tier 1 capital 65,486 66,587 Plus allowance for loan losses subject to limit 4,211 3,958 Total risk-based capital $ 69,697 $ 70,545

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Jun. 30, 2015
Related Party Transactions [Abstract]
Changes in Loans Outstanding	Changes in loans to executive officers and directors are summarized as follows: 2015 2014 Balance, beginning of year $ 4,519 $ 5,034 New loans 421 107 Repayments (1,121 ) (622 ) Balance, end of year $ 3,819 $ 4,519

Employee Benefits (Tables)

Employee Benefits (Tables)	12 Months Ended
	Jun. 30, 2015
Compensation and Retirement Disclosure [Abstract]
Plan's Funded Status and Pension Cost	The Company uses a June 30 measurement date for the plan. Information about the plan’s funded status and pension cost follows: 2015 2014 Change in benefit obligation Beginning of year $ 2,387 $ 2,344 Service cost 48 53 Interest cost 100 86 Actuarial gain (loss) 203 (18 ) Benefits paid (84 ) (78 ) End of year $ 2,654 $ 2,387
Significant Balances, Costs and Assumptions	Significant balances, costs and assumptions are: Postretirement Plan 2015 2014 Benefit obligation $ 2,654 $ 2,387 Fair value of plan assets — — Funded status $ (2,654 ) $ (2,387 ) Accumulated benefit obligation $ 2,654 $ 2,387 Amounts recognized in the consolidated balance sheets: Accrued benefit cost $ 2,654 $ 2,387
Net Periodic Benefit Cost	Components of net periodic benefit cost: 2015 2014 Service cost $ 48 $ 53 Interest cost 100 86 Amortization of prior service credit (48 ) (48 ) Amortization of transition amount 25 33 Amortization of (Gain) or Loss 9 12 $ 134 $ 136
Accumulated Other Comprehensive Income Not Yet Recognized	Amounts recognized in accumulated other comprehensive income not yet recognized as components of net periodic benefit cost consist of: 2015 2014 Net loss $ 531 $ 337 Prior service credit (129 ) (178 ) Transition obligation — 25 $ 402 $ 184
Other Significant Balances and Costs	Other significant balances and costs are: 2015 2014 Employer contribution $ 84 $ 78 Benefits paid 84 78 Benefit costs 134 136
One-percentage-Point Change in Assumed Health Care Cost Trend Rates	A one-percentage-point change in assumed health care cost trend rates would have the following effects: One- Percentage- One- Point Effect on total of service and interest cost components $ 5 $ (5 ) Effect on postretirement benefit obligation 40 (46 )
Postretirement Plan Benefit Payments Expected Future Service	The following postretirement plan benefit payments, which reflect expected future service, as appropriate, are expected to be paid as of June 30, 2015: 2016 $ 109 2017 120 2018 133 2019 146 2020 157 2021-2025 896
Benefit Payments Expected to be Paid for Agreements	The following benefit payments are expected to be paid for these agreements: 2016 $ 65 2017 65 2018 67 2019 85 2020 101 Thereafter 2,702 $ 3,085

Stock-based Compensation (Table

Stock-based Compensation (Tables)	12 Months Ended
	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of ESOP Shares	A summary of ESOP shares at June 30, 2015 and 2014 are as follows (dollars in thousands): 2015 2014 Allocated shares 55,771 37,571 Shares committed for release 19,245 19,245 Unearned shares 307,920 327,165 Total ESOP shares 382,936 383,981 Fair value of unearned ESOP shares (1) $ 5,090 $ 5,395 (1) Based on closing price of $16.53 and $16.49 per share on June 30, 2015, and 2014, respectively.
Summary of Stock Option Activity	The following table summarizes stock option activity for the year ended June 30, 2015 (dollars in thousands): Shares Weighted- Weighted- Aggregate Outstanding, June 30, 2014 167,000 16.63 Granted — — Exercised — — Forfeited — — Outstanding, June 30, 2015 167,000 16.63 8.4 $ — (1) Exercisable, June 30, 2015 23,857 16.63 8.4 $ — (1) (1) Based on closing price of $16.53 per share on June 30, 2015.
Weighted Average Assumptions Used in Black-Scholes Option Pricing Model	The weighted-average assumptions used in the Black-Scholes option pricing model for the grants made on December 10, 2013, were as follows: Risk-free interest rates 2.17 % Expected dividend yield 0.60 % Expected stock volatility 9.87 % Expected life (years) 7.00 Exercise price $ 16.63
Summary of Non-vested Restricted Stock Activity	The following table summarizes non-vested restricted stock activity for the year ended June 30, 2015: Shares Weighted- Grant-Date Balance, June 30, 2014 85,500 $ 16.63 Granted — — Forfeited — — Earned and issued 8,550 16.63 Balance, June 30, 2015 76,950 16.63

Earnings Per Share ("EPS") (Tab

Earnings Per Share ("EPS") (Tables)	12 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Factors Used in Earnings Per Common Share Computation	The factors used in the earnings per common share computation follow: Year Ended Year Ended Net income $ 3,274 $ 3,477 Basic Weighted average shares outstanding 4,242,742 4,474,147 Less: Average unallocated ESOP shares (317,543 ) (336,788 ) Average shares outstanding 3,925,199 4,137,359 Diluted effect of restricted stock awards and stock options 479 — Diluted average shares outstanding 3,925,678 4,137,359 Basic earnings per common share $ 0.83 $ 0.84 Diluted earnings per common share $ 0.83 $ 0.84

Disclosures about Fair Value 46

Disclosures about Fair Value of Assets (Tables)	12 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Measurements of Assets Recognized on Recurring Basis	The following table presents the fair value measurements of assets recognized in the accompanying consolidated balance sheets measured at fair value on a recurring basis and the level within the fair value hierarchy in which the fair value measurements fall at June 30, 2015 and 2014: Fair Value Measurements Using Fair Value Quoted Prices (Level 1) Significant (Level 2) Significant (Level 3) June 30, 2015: Available-for-sale securities: US Government and federal agency $ 107,938 $ — $ 107,938 $ — Mortgage-backed securities – GSE residential 58,840 — 58,840 — State and political subdivisions 3,852 — 3,852 — Mortgage servicing rights 505 — — 505 June 30, 2014: Available-for-sale securities: US Government and federal agency $ 114,662 $ — $ 114,662 $ — Mortgage-backed securities – GSE residential 66,732 — 66,732 — State and political subdivisions 3,192 — 3,192 — Mortgage servicing rights 506 — — 506
Reconciliation of Beginning and Ending Balances of Recurring Fair Value Measurements Recognized in Accompanying Balance Sheet	The following is a reconciliation of the beginning and ending balances of recurring fair value measurements recognized in the accompanying balance sheet using significant unobservable (Level 3) inputs: Mortgage Balance, July 1, 2013 $ 502 Total realized and unrealized gains and losses included in net income (3 ) Servicing rights that result from asset transfers 60 Payments received and loans refinanced (53 ) Balance, June 30, 2014 506 Total realized and unrealized gains and losses included in net income (11 ) Servicing rights that result from asset transfers 75 Payments received and loans refinanced (65 ) Balance, June 30, 2015 $ 505 Total gains or losses for the period included in net income attributable to the change in unrealized gains or losses related to assets and liabilities still held at the reporting date $ (11 )
Fair Value Measurement of Assets Recognized on Nonrecurring Basis	The following table presents the fair value measurement of assets measured at fair value on a nonrecurring basis and the level within the fair value hierarchy in which the fair value measurements fall at June 30, 2015 and 2014: Fair Value Measurements Using Fair Value Quoted Prices (Level 1) Significant (Level 2) Significant (Level 3) June 30, 2015: Impaired loans (collateral dependent) $ 63 $ — $ — $ 63 June 30, 2014: Impaired loans (collateral dependent) $ 401 $ — $ — $ 401 Foreclosed assets 38 — — 38
Recoveries (Losses) Recognized on Assets Measured on Non-Recurring Basis	The following table presents (losses)/recoveries recognized on assets measured on a non-recurring basis for the years ended June 30, 2015 and 2014: 2015 2014 Impaired loans (collateral dependent) $ 71,000 $ 51,000 Foreclosed and repossessed assets held for sale (20,000 ) (75,000 ) Total (losses)/recoveries on assets measured on a non-recurring basis $ 51,000 $ (24,000 )
Quantitative Information about Unobservable Inputs Used in Recurring and Nonrecurring Level 3 Fair Value Measurements	The following table presents quantitative information about unobservable inputs used in recurring and nonrecurring Level 3 fair value measurements. Fair Value at Valuation Technique Unobservable Range (Weighted Mortgage servicing rights $ 505 Discounted cash Discount rate 9.5% - 10.5% (9.5%) Constant 10.0% - 11.5% (10.7%) Probability of 0.15% - 0.34% (0.33%) Impaired loans (collateral dependent) 63 Market comparable Marketability 0% - 11.1% (10.1%) Fair Value at Valuation Technique Unobservable Range (Weighted Mortgage servicing rights $ 506 Discounted cash Discount rate 10.0% - 11.0% (10.0%) Constant 10.8% - 13.1% (11.9%) Probability of 0.13% - 0.26% (0.25%) Impaired loans (collateral dependent) 401 Market comparable Marketability 0% - 24% (23.7%) Foreclosed assets 38 Market comparable Comparability 24% (24%)
Estimated Fair Values of Financial Instruments and Level within Fair Value Hierarchy in which Fair Value Measurements Fall	The following table presents estimated fair values of the Company’s financial instruments and the level within the fair value hierarchy in which the fair value measurements fall at June 30, 2015 and 2014. Carrying Fair Value Quoted Prices in (Level 1) Significant Significant (Level 3) June 30, 2015: Financial assets Cash and cash equivalents $ 13,224 $ 13,224 $ — $ — Interest-bearing time deposits in banks 250 250 — — Loans, net of allowance for loan losses 356,194 — — 357,945 Federal Home Loan Bank stock 5,425 — 5,425 — Accrued interest receivable 1,673 — 1,673 — Financial liabilities Deposits 415,544 — 167,927 247,884 Repurchase agreements 4,024 — 4,024 — Federal Home Loan Bank advances 58,000 — 58,833 — Advances from borrowers for taxes and insurance 955 — 955 — Accrued interest payable 65 — 65 — Unrecognized financial instruments (net of contract amount) Commitments to originate loans — — — — Lines of credit — — — — June 30, 2014: Financial assets Cash and cash equivalents $ 12,731 $ 12,731 $ — $ — Interest-bearing time deposits in banks 250 250 — — Loans, net of allowance for loan losses 329,924 — — 333,282 Federal Home Loan Bank stock 5,425 — 5,425 — Accrued interest receivable 1,788 — 1,788 — Financial liabilities Deposits 404,593 — 149,343 255,451 Repurchase agreements 2,324 — 2,324 — Federal Home Loan Bank advances 56,750 — 58,146 — Advances from borrowers for taxes and insurance 997 — 997 — Accrued interest payable 96 — 96 — Unrecognized financial instruments (net of contract amount) Commitments to originate loans — — — — Lines of credit — — — —

Condensed Financial Informati47

Condensed Financial Information (Parent Company Only) (Tables)	12 Months Ended
	Jun. 30, 2015
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Balance Sheet	Presented below is condensed financial information as to financial position, results of operations and cash flows of the Company as of and for the years ended June 30, 2015 and 2014: Condensed Balance Sheet June 30, June 30, Assets Cash and due from banks $ 10,206 $ 10,272 Investment in common stock of subsidiary 66,485 67,719 ESOP loan 3,260 3,413 Deferred income taxes 496 686 Total assets $ 80,447 $ 82,090 Liabilities Other liabilities $ 11 $ 4 Total liabilities 11 4 Stockholders’ Equity 80,436 82,086 Total liabilities and stockholders’ equity $ 80,447 $ 82,090
Condensed Statement of Income and Comprehensive Income	Condensed Statement of Income and Comprehensive Income Year Ending Year Ending Income Interest on ESOP loan $ 109 $ 114 Deposits with financial institutions — — Total income 109 114 Expense Interest expense — — Charitable contributions — — Other 149 161 Total expense 149 161 Loss Before Income Tax and Equity in Undistributed Income of Subsidiary (40 ) (47 ) Benefit for Income Taxes (12 ) (13 ) Loss Before Equity in Undistributed Loss of Subsidiary (28 ) (34 ) Equity in Undistributed Income of Subsidiary 3,302 3,511 Net Income $ 3,274 $ 3,477 Comprehensive Income $ 3,192 $ 4,943
Condensed Statement of Cash Flows	Condensed Statement of Cash Flows Year Ended Year Ended Cash flows from operating activities Net income $ 3,274 $ 3,477 Items not requiring (providing) cash Deferred income tax 190 256 Net change in other liabilities 7 4 Earnings from subsidiary (3,302 ) (3,511 ) Net cash provided by operating activities 169 226 Cash flows from financing activities Stock purchase per stock repurchase plan (4,952 ) (4,622 ) Dividends paid (436 ) (450 ) Dividends received 5,000 — Loan for ESOP 153 149 Net cash used in financing activities (235 ) (4,923 ) Net Increase (Decrease) in Cash and Cash Equivalents (66 ) (4,697 ) Cash and Cash Equivalents at Beginning of Year 10,272 14,969 Cash and Cash Equivalents at End of Year $ 10,206 $ 10,272

Nature of Operations and Summ48

Nature of Operations and Summary of Significant Accounting Policies - Additional Information (Detail) - 12 months ended Jun. 30, 2015 - mi	Total
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Interest-bearing deposits, maturity period (in years)	5 years
Liquid investments with original maturity period	3 months
Accrual of interest on loans due discontinued period, in days	90 days
Percentage of minimum likelihood of realized tax benefit upon settlement	50.00%
Association [Member]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Number of miles radius in which range of banking and financial services are provided	100

Nature of Operations and Summ49

Nature of Operations and Summary of Significant Accounting Policies - Estimated Useful Lives of Premises and Equipment (Detail)	12 Months Ended
	Jun. 30, 2015
Minimum [Member] | Buildings and Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	35 years
Minimum [Member] | Furniture and Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	3 years
Maximum [Member] | Buildings and Improvements [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	40 years
Maximum [Member] | Furniture and Equipment [Member]
Property, Plant and Equipment [Line Items]
Estimated useful lives	5 years

Securities - Amortized Cost and

Securities - Amortized Cost and Approximate Fair Values, Together with Gross Unrealized Gains and Losses, of Securities (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	$ 168,540	$ 182,566
Gross Unrealized Gains	3,081	3,679
Gross Unrealized Losses	(991)	(1,659)
Fair Value	170,630	184,586
U.S. Government and Federal Agency and Government Sponsored Enterprises (GSE's) [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	105,742	112,511
Gross Unrealized Gains	2,283	2,773
Gross Unrealized Losses	(87)	(622)
Fair Value	107,938	114,662
Mortgage-Backed: GSE Residential [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	59,213	67,033
Gross Unrealized Gains	531	721
Gross Unrealized Losses	(904)	(1,022)
Fair Value	58,840	66,732
State and Political Subdivisions [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	3,585	3,022
Gross Unrealized Gains	267	185
Gross Unrealized Losses		(15)
Fair Value	$ 3,852	$ 3,192

Securities - Additional Informa

Securities - Additional Information (Detail) - USD ($)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Schedule of Available-for-sale Securities [Line Items]
Mortgage-backed securities with a book value	$ 168,540,000	$ 182,566,000
Fair Value	$ 170,630,000	184,586,000
Percentage of equity securities	10.00%
Carrying value of securities pledged as collateral	$ 58,260,000	50,144,000
Gross gains from sales of available for sale securities	516,000	1,174,000
Gross losses from sales of available for sale securities	540,000	1,297,000
Tax benefit to net realized losses	(10,000)	(50,000)
Total fair value of these investments	$ 49,541,000	$ 69,616,000
Temporarily impaired debt securities percentage of investment securities portfolio	29.00%	37.70%
U.S. Government and Federal Agency and Government Sponsored Enterprises (GSE's) [Member]
Schedule of Available-for-sale Securities [Line Items]
Mortgage-backed securities with a book value	$ 105,742,000	$ 112,511,000
Fair Value	107,938,000	114,662,000
Total fair value of these investments	9,913,000	23,986,000
Mortgage-Backed: GSE Residential [Member]
Schedule of Available-for-sale Securities [Line Items]
Mortgage-backed securities with a book value	59,213,000	67,033,000
Fair Value	58,840,000	66,732,000
Total fair value of these investments	39,628,000	44,585,000
Debt Securities [Member]
Schedule of Available-for-sale Securities [Line Items]
Total fair value of these investments	$ 49,541,000	$ 69,616,000

Securities - Amortized Cost a52

Securities - Amortized Cost and Fair Value of Available-for-Sale Securities by Contractual Maturity (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Schedule of Available-for-sale Securities [Line Items]
Within one year, Amortized Cost	$ 36
One to five years, Amortized Cost	24,920
Five to ten years, Amortized Cost	82,384
After ten years, Amortized Cost	1,987
Amortized Cost	109,327
Amortized Cost	168,540	$ 182,566
Within one year, Fair Value	36
One to five years, Fair Value	25,981
Five to ten years, Fair Value	83,657
After ten years, Fair Value	2,116
Fair Value	111,790
Fair Value	170,630	$ 184,586
Mortgage-Backed Securities - GSE Residential [Member]
Schedule of Available-for-sale Securities [Line Items]
Amortized Cost	59,213
Fair Value	$ 58,840

Securities - Association's Inve

Securities - Association's Investments Gross Unrealized Losses and Fair Value of Association's Investments with Unrealized Losses (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Less than 12 Months, Fair Value	$ 30,788	$ 6,616
Less than 12 Months, Unrealized Losses	(409)	(148)
12 Months or More, Fair Value	18,753	63,000
12 Months or More, Unrealized Losses	(582)	(1,511)
Total, Fair Value	49,541	69,616
Total, Unrealized Losses	(991)	(1,659)
U.S. Government and Federal Agency and Government Sponsored Enterprises (GSE's) [Member]
Less than 12 Months, Fair Value	9,913	6,616
Less than 12 Months, Unrealized Losses	(87)	(148)
12 Months or More, Fair Value		17,370
12 Months or More, Unrealized Losses		(474)
Total, Fair Value	9,913	23,986
Total, Unrealized Losses	(87)	(622)
Mortgage-Backed: GSE Residential [Member]
Less than 12 Months, Fair Value	20,875
Less than 12 Months, Unrealized Losses	(322)
12 Months or More, Fair Value	18,753	44,585
12 Months or More, Unrealized Losses	(582)	(1,022)
Total, Fair Value	39,628	44,585
Total, Unrealized Losses	$ (904)	(1,022)
State and Political Subdivisions [Member]
12 Months or More, Fair Value		1,045
12 Months or More, Unrealized Losses		(15)
Total, Fair Value		1,045
Total, Unrealized Losses		$ (15)

Loans and Allowance for Loan 54

Loans and Allowance for Loan Losses - Categories of Loans (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Real estate loans
One-to four-family, including home equity loans	$ 145,064	$ 149,549
Multi-family	58,399	61,603
Commercial	103,614	83,134
Home equity lines of credit	7,713	7,824
Construction	987	1,572
Commercial	37,151	23,120
Consumer	8,325	8,509
Total loans	361,253	335,311
Unearned fees and discounts, net	155	104
Loans in process	693	1,325
Allowance for loan losses	4,211	3,958	$ 3,938
Loans, net	$ 356,194	$ 329,924

Loans and Allowance for Loan 55

Loans and Allowance for Loan Losses - Additional Information (Detail)	12 Months Ended
	Jun. 30, 2015USD ($)TDRsModificationSecurityLoan	Jun. 30, 2014USD ($)TDRsModificationSecurityLoan
Loans and Allowance for Credit Losses [Line Items]
Maximum amount of one-to-four family residential mortgage loans can be approved by loan officer	$ 100,000
Maximum amount of other secured loans residential mortgage loans can be approved by loan officer	50,000
Maximum amount of unsecured loans residential mortgage loans can be approved by loan officer	10,000
Maximum amount of one-to-four family residential mortgage loans can be approved by managing officer	300,000
Maximum amount other secured loans residential mortgage loans can be approved by managing officer	300,000
Maximum amount of unsecured loans residential mortgage loans can be approved by managing officer	100,000
Maximum amount of unsecured loans residential mortgage loans can be approved by loan committee	300,000
Maximum aggregate loan amount of one-to four-family residential mortgage loans, commercial real estate loans, multi-family real estate loans and land loans can be approved by loan committee	1,000,000
Maximum individual loan amount of one-to four-family residential mortgage loans, commercial real estate loans, multi family real estate loans and land loans can be approved by loan committee	$ 750,000
Maximum term of the fixed-rate one-to four-family residential mortgage loans	15 years
Consumer loans term in years	7 years
Unsecured loans are limited to period	12 months
Troubled debt restructurings, Impaired loans	$ 2,645,000	$ 2,856,000
Investment recorded prior to modification	$ 47,000	$ 28,000
Number of loans | Modification	4	3
Increase in interest rate		1 year
Minimum period for default	90 days
Foreclosure [Member]
Loans and Allowance for Credit Losses [Line Items]
Number of default loans | SecurityLoan	3	3
One-to Four-Family [Member]
Loans and Allowance for Credit Losses [Line Items]
Loans held for sale	$ 93,000	$ 313,000
Troubled debt restructurings, Impaired loans	$ 1,307,000	$ 1,477,000
Number of troubled debt restructurings in accrual status | TDRs	9	9
Amount of troubled debt restructurings in accrual status	$ 551,000	$ 635,000
Investment recorded prior to modification	$ 27,000	$ 13,000
Number of loans | Modification	2	2
Specific allowances based upon the fair value of the collateral		$ 13,000
Investment recorded prior to modification	$ 450,000	$ 384,000
Number of default loans | SecurityLoan	3	3
Loan Concentrations [Member] | Mortgages [Member]
Loans and Allowance for Credit Losses [Line Items]
Commercial real estate	$ 162,013,000	$ 144,737,000
Purchased Loans and Loan Participations [Member]
Loans and Allowance for Credit Losses [Line Items]
Approximate amount of purchase loans included in loans receivable	11,489,000	13,688,000
Approximate amount of loans included on out-of-area participation	27,821,000	24,772,000
Amount within 100 miles of primary area	8,814,000	7,893,000
Troubled Debt Restructurings [Member]
Loans and Allowance for Credit Losses [Line Items]
Troubled debt restructurings, Impaired loans	2,600,000
Multi-Family [Member]
Loans and Allowance for Credit Losses [Line Items]
Troubled debt restructurings, Impaired loans	$ 1,297,000	$ 1,335,000
Number of troubled debt restructurings in accrual status | TDRs	1	1
Amount of troubled debt restructurings in accrual status	$ 1,300,000	$ 1,300,000
Commercial [Member]
Loans and Allowance for Credit Losses [Line Items]
Troubled debt restructurings, Impaired loans	21,000	29,000
Investment recorded prior to modification	$ 12,000
Number of loans | Modification	1
Home Equity Lines of Credit [Member]
Loans and Allowance for Credit Losses [Line Items]
Troubled debt restructurings, Impaired loans	$ 8,000
Number of troubled debt restructurings in accrual status | TDRs	1
Amount of troubled debt restructurings in accrual status	$ 8,000
Investment recorded prior to modification	$ 8,000
Number of loans | Modification	1
Commercial [Member]
Loans and Allowance for Credit Losses [Line Items]
Troubled debt restructurings, Impaired loans	$ 12,000	15,000
Investment recorded prior to modification		$ 15,000
Number of loans | Modification		1

Loans and Allowance for Loan 56

Loans and Allowance for Loan Losses - Allowance for Loan Losses and Recorded Investment in Loans Based on Portfolio Segment and Impairment Method (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Allowance for loan losses:
Balance, beginning of year	$ 3,958	$ 3,938
Provision charged to expense	460	502
Losses charged off	(278)	(538)
Recoveries	71	56
Balance, end of period	4,211	3,958
Ending balance: individually evaluated for impairment	91	215
Ending balance: collectively evaluated for impairment	4,120	3,743
Loans:
Ending balance	361,253	335,311
Ending balance: individually evaluated for impairment	4,907	4,545
Ending balance: collectively evaluated for impairment	356,346	330,766
Commercial [Member]
Allowance for loan losses:
Balance, beginning of year	968	838
Provision charged to expense	278	158
Losses charged off		(28)
Balance, end of period	1,246	968
Ending balance: individually evaluated for impairment	25	35
Ending balance: collectively evaluated for impairment	1,221	933
Loans:
Ending balance	103,614	83,134
Ending balance: individually evaluated for impairment	46	55
Ending balance: collectively evaluated for impairment	103,568	83,079
One-to Four-Family [Member]
Allowance for loan losses:
Balance, beginning of year	1,391	1,616
Provision charged to expense	27	143
Losses charged off	(231)	(418)
Recoveries	29	50
Balance, end of period	1,216	1,391
Ending balance: individually evaluated for impairment	57	143
Ending balance: collectively evaluated for impairment	1,159	1,248
Loans:
Ending balance	145,064	149,549
Ending balance: individually evaluated for impairment	3,274	2,781
Ending balance: collectively evaluated for impairment	141,790	146,768
Multi-Family [Member]
Allowance for loan losses:
Balance, beginning of year	842	797
Provision charged to expense	(15)	45
Balance, end of period	827	842
Ending balance: collectively evaluated for impairment	827	842
Loans:
Ending balance	58,399	61,603
Ending balance: individually evaluated for impairment	1,537	1,621
Ending balance: collectively evaluated for impairment	56,862	59,982
Home Equity Lines of Credit [Member]
Allowance for loan losses:
Balance, beginning of year	111	90
Provision charged to expense	(4)	37
Losses charged off	(35)	(16)
Recoveries	13
Balance, end of period	85	111
Ending balance: individually evaluated for impairment		21
Ending balance: collectively evaluated for impairment	85	90
Loans:
Ending balance	7,713	7,824
Ending balance: individually evaluated for impairment	8	28
Ending balance: collectively evaluated for impairment	7,705	7,796
Construction [Member]
Allowance for loan losses:
Balance, beginning of year	10	24
Provision charged to expense	(4)	(14)
Balance, end of period	6	10
Ending balance: collectively evaluated for impairment	6	10
Loans:
Ending balance	987	1,572
Ending balance: collectively evaluated for impairment	987	1,572
Commercial [Member]
Allowance for loan losses:
Balance, beginning of year	543	431
Provision charged to expense	201	150
Losses charged off		(38)
Balance, end of period	744	543
Ending balance: collectively evaluated for impairment	744	543
Loans:
Ending balance	37,151	23,120
Ending balance: individually evaluated for impairment	21	29
Ending balance: collectively evaluated for impairment	37,130	23,091
Consumer [Member]
Allowance for loan losses:
Balance, beginning of year	93	104
Provision charged to expense	(23)	21
Losses charged off	(12)	(38)
Recoveries	29	6
Balance, end of period	87	93
Ending balance: individually evaluated for impairment	9	16
Ending balance: collectively evaluated for impairment	78	77
Loans:
Ending balance	8,325	8,509
Ending balance: individually evaluated for impairment	21	31
Ending balance: collectively evaluated for impairment	$ 8,304	8,478
Unallocated [Member]
Allowance for loan losses:
Balance, beginning of year		38
Provision charged to expense		$ (38)

Loans and Allowance for Loan 57

Loans and Allowance for Loan Losses - Credit Risk Profile of Association's Loan Portfolio Based on Rating Category and Payment Activity (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 361,253	$ 335,311
Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	352,058	325,564
Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	2,753	2,619
Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	6,442	7,128
Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	103,614	83,134
Commercial [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	99,487	81,152
Commercial [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	748	336
Commercial [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	3,379	1,646
One-to Four-Family [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	145,064	149,549
One-to Four-Family [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	141,532	146,124
One-to Four-Family [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	759	782
One-to Four-Family [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	2,773	2,643
Multi-Family [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	58,399	61,603
Multi-Family [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	57,989	59,806
Multi-Family [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	170	1,501
Multi-Family [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	240	296
Home Equity Lines of Credit [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	7,713	7,824
Home Equity Lines of Credit [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	7,705	7,797
Home Equity Lines of Credit [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	8	27
Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	987	1,572
Construction [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	987	1,572
Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	37,151	23,120
Commercial [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	36,054	20,636
Commercial [Member] | Watch [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,076
Commercial [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	21	2,484
Consumer [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	8,325	8,509
Consumer [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	8,304	8,477
Consumer [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 21	$ 32

Loans and Allowance for Loan 58

Loans and Allowance for Loan Losses - Association's Loan Portfolio Aging Analysis (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	$ 5,575	$ 5,925
Current	355,678	329,386
Total loans	361,253	335,311
Total Loans > 90 Days & Accruing	22	182
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	2,362	3,131
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	913	1,294
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	2,300	1,500
Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	137	349
Current	103,477	82,785
Total loans	103,614	83,134
Commercial [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	137	349
One-to Four-Family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	5,132	5,361
Current	139,932	144,188
Total loans	145,064	149,549
Total Loans > 90 Days & Accruing	15	182
One-to Four-Family [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	2,129	2,985
One-to Four-Family [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	724	876
One-to Four-Family [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	2,279	1,500
Multi-Family [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	205
Current	58,194	61,603
Total loans	58,399	61,603
Multi-Family [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	174
Multi-Family [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	31
Home Equity Lines of Credit [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	19	85
Current	7,694	7,739
Total loans	7,713	7,824
Home Equity Lines of Credit [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	19	49
Home Equity Lines of Credit [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due		36
Construction [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Current	987	1,572
Total loans	987	1,572
Commercial [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	21
Current	37,130	23,120
Total loans	37,151	23,120
Commercial [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	21
Consumer [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	61	130
Current	8,264	8,379
Total loans	8,325	8,509
Total Loans > 90 Days & Accruing	7
Consumer [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	40	97
Consumer [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due		$ 33
Consumer [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Total Past Due	$ 21

Loans and Allowance for Loan 59

Loans and Allowance for Loan Losses - Summary of Impaired Loans (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Financing Receivable, Impaired [Line Items]
Specific Allowance	$ 91	$ 215
Recorded Balance	4,907	4,545
Unpaid Principal Balance	4,907	4,545
Specific Allowance	91	215
Average Investment in Impaired Loans	5,026	4,694
Interest Income Recognized	94	106
Interest on Cash Basis	135	128
Commercial [Member]
Financing Receivable, Impaired [Line Items]
Specific Allowance, Loans without a specific allowance	0	0
Recorded Balance, Loans with a specific allowance	46	55
Unpaid Principal Balance, Loans with a specific allowance	46	55
Specific Allowance	25	35
Average Investment in Impaired Loans, Loans with a specific allowance	50	59
Recorded Balance	46	55
Unpaid Principal Balance	46	55
Specific Allowance	25	35
Average Investment in Impaired Loans	50	59
One-to Four-Family [Member]
Financing Receivable, Impaired [Line Items]
Recorded Balance, Loans without a specific allowance	2,801	2,107
Unpaid Principal Balance, Loans without a specific allowance	2,801	2,107
Specific Allowance, Loans without a specific allowance	0	0
Average Investment in Impaired Loans, Loans without a specific allowance	2,851	2,174
Interest Income Recognized, Loans without a specific allowance	18	25
Interest on Cash Basis, Loans without a specific allowance	31	31
Recorded Balance, Loans with a specific allowance	473	674
Unpaid Principal Balance, Loans with a specific allowance	473	674
Specific Allowance	57	143
Average Investment in Impaired Loans, Loans with a specific allowance	487	689
Interest Income Recognized, Loans with a specific allowance	6	1
Interest on Cash Basis, Loans with a specific allowance	11	1
Recorded Balance	3,274	2,781
Unpaid Principal Balance	3,274	2,781
Specific Allowance	57	143
Average Investment in Impaired Loans	3,338	2,863
Interest Income Recognized	24	26
Interest on Cash Basis	42	32
Multi-Family [Member]
Financing Receivable, Impaired [Line Items]
Recorded Balance, Loans without a specific allowance	1,537	1,621
Unpaid Principal Balance, Loans without a specific allowance	1,537	1,621
Specific Allowance, Loans without a specific allowance	0	0
Average Investment in Impaired Loans, Loans without a specific allowance	1,573	1,664
Interest Income Recognized, Loans without a specific allowance	69	78
Interest on Cash Basis, Loans without a specific allowance	92	94
Recorded Balance	1,537	1,621
Unpaid Principal Balance	1,537	1,621
Average Investment in Impaired Loans	1,573	1,664
Interest Income Recognized	69	78
Interest on Cash Basis	92	94
Home Equity Lines of Credit [Member]
Financing Receivable, Impaired [Line Items]
Recorded Balance, Loans without a specific allowance	8
Unpaid Principal Balance, Loans without a specific allowance	8
Specific Allowance, Loans without a specific allowance	0	0
Average Investment in Impaired Loans, Loans without a specific allowance	9
Recorded Balance, Loans with a specific allowance		28
Unpaid Principal Balance, Loans with a specific allowance		28
Specific Allowance		21
Average Investment in Impaired Loans, Loans with a specific allowance		29
Interest Income Recognized, Loans with a specific allowance		1
Interest on Cash Basis, Loans with a specific allowance		1
Recorded Balance	8	28
Unpaid Principal Balance	8	28
Specific Allowance		21
Average Investment in Impaired Loans	9	29
Interest Income Recognized		1
Interest on Cash Basis		1
Construction [Member]
Financing Receivable, Impaired [Line Items]
Specific Allowance, Loans without a specific allowance	0	0
Commercial [Member]
Financing Receivable, Impaired [Line Items]
Recorded Balance, Loans without a specific allowance	21	29
Unpaid Principal Balance, Loans without a specific allowance	21	29
Specific Allowance, Loans without a specific allowance	0	0
Average Investment in Impaired Loans, Loans without a specific allowance	25
Average Investment in Impaired Loans, Loans with a specific allowance		34
Recorded Balance	21	29
Unpaid Principal Balance	21	29
Average Investment in Impaired Loans	25	34
Consumer [Member]
Financing Receivable, Impaired [Line Items]
Recorded Balance, Loans without a specific allowance	6	15
Unpaid Principal Balance, Loans without a specific allowance	6	15
Specific Allowance, Loans without a specific allowance	0	0
Average Investment in Impaired Loans, Loans without a specific allowance	9	26
Recorded Balance, Loans with a specific allowance	15	16
Unpaid Principal Balance, Loans with a specific allowance	15	16
Specific Allowance	9	16
Average Investment in Impaired Loans, Loans with a specific allowance	22	19
Interest Income Recognized, Loans with a specific allowance	1	1
Interest on Cash Basis, Loans with a specific allowance	1	1
Recorded Balance	21	31
Unpaid Principal Balance	21	31
Specific Allowance	9	16
Average Investment in Impaired Loans	31	45
Interest Income Recognized	1	1
Interest on Cash Basis	$ 1	$ 1

Loans and Allowance for Loan 60

Loans and Allowance for Loan Losses - Non Accruals (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Real estate loans
Total	$ 3,045	$ 2,584
Commercial [Member]
Real estate loans
Total	46	55
One-to Four-Family [Member]
Real estate loans
Total	2,724	2,146
Multi-Family [Member]
Real estate loans
Total	240	296
Home Equity Lines of Credit [Member]
Real estate loans
Total		28
Commercial [Member]
Real estate loans
Total	21	29
Consumer [Member]
Real estate loans
Total	$ 14	$ 30

Loans and Allowance for Loan 61

Loans and Allowance for Loan Losses - Non Accruals 1 (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Real estate loans
Total	$ 2,645	$ 2,856
Commercial [Member]
Real estate loans
Total	12	15
One-to Four-Family [Member]
Real estate loans
Total	1,307	1,477
Multi-Family [Member]
Real estate loans
Total	1,297	1,335
Home Equity Lines of Credit [Member]
Real estate loans
Total	8
Real Estate Loan [Member]
Real estate loans
Total	2,624	2,827
Commercial [Member]
Real estate loans
Total	$ 21	$ 29

Loans and Allowance for Loan 62

Loans and Allowance for Loan Losses - Loans Modified as Troubled Debt Restructurings (Detail)	12 Months Ended
	Jun. 30, 2015USD ($)Modification	Jun. 30, 2014USD ($)Modification
Financing Receivable, Modifications [Line Items]
Number of Modifications	4	3
Recorded Investment | $	$ 47,000	$ 28,000
One-to Four-Family [Member]
Financing Receivable, Modifications [Line Items]
Number of Modifications	2	2
Recorded Investment | $	$ 27,000	$ 13,000
Home Equity Lines of Credit [Member]
Financing Receivable, Modifications [Line Items]
Number of Modifications	1
Recorded Investment | $	$ 8,000
Commercial [Member]
Financing Receivable, Modifications [Line Items]
Number of Modifications	1	1
Recorded Investment | $	$ 12,000	$ 15,000
Real Estate Loan [Member]
Financing Receivable, Modifications [Line Items]
Number of Modifications	4	3
Recorded Investment | $	$ 47,000	$ 28,000

Premises and Equipment - Major

Premises and Equipment - Major Classifications of Premises and Equipment, Stated at Cost (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Property Plant and Equipment Useful Life and Values [Abstract]
Land	$ 895	$ 895
Buildings and improvements	6,178	6,165
Furniture and equipment	3,408	3,317
Premises and equipment, gross	10,481	10,377
Less accumulated depreciation	5,681	5,253
Net premises and equipment	$ 4,800	$ 5,124

Loan Servicing - Additional Inf

Loan Servicing - Additional Information (Detail) - USD ($)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Transfers and Servicing [Abstract]
Unpaid principal balances of mortgage loans serviced for others	$ 73,823,000	$ 74,017,000
Custodial escrow balances in connection with the foregoing loan servicing	909,000	825,000
Mortgage servicing rights, Fair value	$ 505,000	$ 506,000	$ 502,000

Loan Servicing - Activity in Mo

Loan Servicing - Activity in Mortgage Servicing Rights Measured Using the Fair Value Method (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Transfers and Servicing [Abstract]
Fair value, beginning of period	$ 506	$ 502
Servicing assets resulting from asset transfers	75	60
Payments received and loans refinanced	(65)	(53)
Changes in fair value, due to changes in valuation inputs or assumptions	(11)	(3)
Fair value, end of period	$ 505	$ 506

Interest-Bearing Deposits - Add

Interest-Bearing Deposits - Additional Information (Detail) - USD ($)	Jun. 30, 2015	Jun. 30, 2014
Banking and Thrift [Abstract]
Interest-bearing deposits in denominations of $100,000 or more	$ 161,537,000	$ 155,529,000

Interest-Bearing Deposits - Int

Interest-Bearing Deposits - Interest Expense by Deposit Type (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Banking and Thrift [Abstract]
Savings, NOW, and Money Market	$ 208	$ 247
Certificates of deposit	2,044	1,927
Brokered certificates of deposit	181	148
Total deposit interest expense	$ 2,433	$ 2,322

Interest-Bearing Deposits - Sch

Interest-Bearing Deposits - Scheduled Maturities of Time Deposits Including Brokered Time Deposits (Detail) $ in Thousands	Jun. 30, 2015USD ($)
Banking and Thrift [Abstract]
2,016	$ 150,340
2,017	64,845
2,018	28,144
2,019	2,852
2020 and thereafter	1,431
Total	$ 247,612

Federal Home Loan Bank Advanc69

Federal Home Loan Bank Advances - Additional Information (Detail) - USD ($)	Jun. 30, 2015	Jun. 30, 2014
Federal Home Loan Bank, Advances [Line Items]
Federal Home Loan Bank advances	$ 58,000,000	$ 56,750,000
Mortgage loans secured for Federal Home Loan Bank Advances	$ 225,476,000
Minimum [Member]
Federal Home Loan Bank, Advances [Line Items]
Federal Home Loan Bank advances interest rate range from	0.17%
Maximum [Member]
Federal Home Loan Bank, Advances [Line Items]
Federal Home Loan Bank advances interest rate range from	4.55%

Federal Home Loan Bank Advanc70

Federal Home Loan Bank Advances - Aggregate Annual Maturities of Federal Home Loan Bank Advances (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Banking and Thrift [Abstract]
2,016	$ 42,000
2,017	15,000
2,018	1,000
Total federal home loan bank advances	$ 58,000	$ 56,750

Repurchase Agreements - Additio

Repurchase Agreements - Additional Information (Detail) - USD ($)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Assets Sold under Agreements to Repurchase [Line Items]
Maximum amount of outstanding agreements	$ 4,403,000	$ 2,324,000
Repurchase agreement monthly average amount	$ 3,398,000	$ 2,165,000
Maturity Within One Month [Member]
Assets Sold under Agreements to Repurchase [Line Items]
Repurchase agreements maturity period	1 month

Income Taxes - Components of th

Income Taxes - Components of the Provision for Income Taxes (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Income Tax Disclosure [Abstract]
Taxes currently payable	$ 1,970	$ 1,695
Deferred income taxes	(135)	167
Income tax expense	$ 1,835	$ 1,862

Income Taxes - Reconciliation o

Income Taxes - Reconciliation of Income Tax Expense at the Statutory Rate (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Income Taxes Paid, Net [Abstract]
Computed at the statutory rate (34%)	$ 1,737	$ 1,815
Increase (decrease) resulting from
Tax exempt interest	(51)	(10)
Cash surrender value of life insurance	(90)	(91)
State income taxes	192	211
Other	47	(63)
Income tax expense	$ 1,835	$ 1,862
Tax rate as a percentage of pre-tax income	35.90%	34.90%

Income Taxes - Reconciliation74

Income Taxes - Reconciliation of Income Tax Expense at the Statutory Rate (Parenthetical) (Detail)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Income Taxes Paid, Net [Abstract]
Statutory rate for computation	34.00%	34.00%

Income Taxes - Temporary Differ

Income Taxes - Temporary Differences Related to Deferred Taxes (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Deferred tax assets
Allowance for loan losses	$ 1,694	$ 1,592
Reserve for uncollectible interest	75	46
Accrued retirement liability	928	904
Deferred compensation	364	338
Deferred loan fees	163	145
Charitable foundation contribution	496	686
Postretirement health plan	141	57
Other	28	23
Total deferred tax assets	3,889	3,791
Deferred tax liabilities
Depreciation	(256)	(395)
Unrealized gains on available-for-sale securities	(842)	(814)
Federal Home Loan Bank stock dividends	(313)	(313)
Mortgage servicing rights	(203)	(204)
Other	(26)	(6)
Total deferred tax liabilities	(1,640)	(1,732)
Net deferred tax asset	$ 2,249	$ 2,059

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($)	3 Months Ended	12 Months Ended
	Sep. 30, 2011	Jun. 30, 2015	Jun. 30, 2014
Income Taxes [Line Items]
Retained earnings excluding deferred federal income tax liability		$ 2,217,000	$ 2,217,000
Amount deferred income tax liabilities expected to reverse into taxable income		754,000	754,000
Total deferred tax liabilities		1,640,000	1,732,000
Percentage of donated shares of common stock	7.00%
Number of donated shares of common stock	314,755
Value of donated shares of common stock	$ 3,147,550
Value of donated shares of common stock, per share	$ 10
Cash contributed to the Foundation	$ 450,000
Total donated stock and cash expensed	$ 3,597,550
Valuation allowance		$ 0
Carry forward period for claiming deduction of charitable contribution		5 years
Federal Income Tax Liability [Member]
Income Taxes [Line Items]
Total deferred tax liabilities		$ 0	$ 0

Accumulated Other Comprehensi77

Accumulated Other Comprehensive Income - Components of Accumulated Other Comprehensive Income (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Accumulated Other Comprehensive Income (Loss) [Line Items]
Before Tax	$ 1,673	$ 1,809
Tax effect	(674)	(728)
Net-of-tax amount	999	1,081
Unrealized Gains (Losses) on Available-for-Sale Securities [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Before Tax	2,090	2,020
Amortization of Defined Benefit Pension Items [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Before Tax	$ (417)	$ (211)

Changes in Accumulated Other 78

Changes in Accumulated Other Comprehensive Income (AOCI) by Component - Amounts Reclassified from Accumulated Other Comprehensive Income (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Tax expense	$ (1,835)	$ (1,862)
Net Income	3,274	3,477
Amounts Reclassified from AOCI [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Total reclassified amount before tax	(231)	(183)
Tax expense	93	74
Net Income	(138)	(109)
Unrealized Gains (Losses) on Available-for-Sale Securities [Member] | Amounts Reclassified from AOCI [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net realized gains on sale of available-for-sale securities	(24)	(123)
Amortization of Defined Benefit Pension Items [Member] | Amounts Reclassified from AOCI [Member]
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Transition obligation	24	32
Actuarial losses	(183)	(44)
Prior service costs	$ (48)	$ (48)

Regulatory Matters - Associatio

Regulatory Matters - Association's Actual Capital Amounts and Ratios (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Association [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Actual, Total capital (to risk- weighted assets), Amount	$ 69,697	$ 70,545
Actual, Tier I capital (to risk-weighted assets), Amount	65,486	66,587
Actual, Common Equity Tier I capital (to risk-weighted assets), Amount	65,486
Actual, Tier I capital (to adjusted total assets), Amount	65,486	66,587
Actual, Tangible capital (to adjusted total assets), Amount	$ 65,486	$ 66,587
Actual, Total capital (to risk- weighted assets), Ratio	19.33%	21.90%
Actual, Tier I capital (to risk-weighted assets), Ratio	18.16%	20.67%
Actual, Common Equity Tier I capital (to risk-weighted assets), Ratio	18.16%
Actual, Tier I capital (to adjusted total assets), Ratio	11.93%	12.12%
Actual, Tangible capital (to adjusted total assets), Ratio	11.93%	12.12%
Minimum Capital Requirement, Total capital (to risk-weighted assets), Amount	$ 28,842	$ 25,775
Minimum Capital Requirement, Tier I capital (to risk-weighted assets), Amount	21,631
Minimum Capital Requirement, Common Equity Tier I capital (to risk-weighted assets), Amount	16,224
Minimum Capital Requirement, Tier I capital (to adjusted total assets), Amount	21,962	16,486
Minimum Capital Requirement, Tangible capital (to adjusted total assets), Amount	$ 8,236	$ 8,243
Minimum Capital Requirement, Total capital (to risk-weighted assets), Ratio	8.00%	8.00%
Minimum Capital Requirement, Tier I capital (to risk-weighted assets), Ratio	6.00%
Minimum Capital Requirement, Common Equity Tier I capital (to risk-weighted assets), Ratio	4.50%
Minimum Capital Requirement, Tier I capital (to adjusted total assets), Ratio	4.00%	3.00%
Minimum Capital Requirement, Tangible capital (to adjusted total assets), Ratio	1.50%	1.50%
Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Total Capital (to risk-weighted assets), Amount	$ 36,052	$ 32,219
Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Tier I capital (to risk-weighted assets), Amount	28,842	19,331
Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Common Equity Tier I capital (to risk-weighted assets), Amount	23,434
Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Tier I capital (to adjusted total assets), Amount	$ 27,452	$ 27,476
Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Total Capital (to risk-weighted assets), Ratio	10.00%	10.00%
Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Common Equity Tier I capital (to risk-weighted assets), Ratio	8.00%
Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Tier I capital (to risk-weighted assets), Ratio	6.50%	6.00%
Minimum to Be Well Capitalized Under Prompt Corrective Action Provisions, Tier I capital (to adjusted total assets), Ratio	5.00%	5.00%
Parent Company [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Actual, Total capital (to risk- weighted assets), Amount	$ 83,648	$ 84,912
Actual, Tier I capital (to risk-weighted assets), Amount	79,437	80,954
Actual, Common Equity Tier I capital (to risk-weighted assets), Amount	79,437
Actual, Tier I capital (to adjusted total assets), Amount	79,437	80,954
Actual, Tangible capital (to adjusted total assets), Amount	$ 79,437	$ 80,954
Actual, Total capital (to risk- weighted assets), Ratio	23.18%	26.30%
Actual, Tier I capital (to risk-weighted assets), Ratio	22.01%	25.07%
Actual, Common Equity Tier I capital (to risk-weighted assets), Ratio	22.01%
Actual, Tier I capital (to adjusted total assets), Ratio	14.45%	14.71%
Actual, Tangible capital (to adjusted total assets), Ratio	14.45%	14.71%

Regulatory Matters - Reconcilia

Regulatory Matters - Reconciliation of Association Equity Amounts (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Association equity	$ 80,436	$ 82,086	$ 81,749
Association [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Association equity	66,485	67,719
Less net unrealized gains	1,248	1,207
Less disallowed servicing amounts		51
Less postretirement benefit plan	(249)	(126)
Tier 1 capital	65,486	66,587
Plus allowance for loan losses subject to limit	4,211	3,958
Total risk-based capital	$ 69,697	$ 70,545

Regulatory Matters - Additional

Regulatory Matters - Additional Information (Detail) - Jun. 30, 2015	Total
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Deduction and other adjustments to CET1	40.00%
Additional deduction and other adjustments to CET1 per year	20.00%
Common equity Tier 1 capital conservation buffer	2.50%
Capital conservation buffer risk-weighted assets	0.625%
Minimum [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
CETI capital ratio of risk- weighted assets	4.50%
Tier 1 capital ratio of risk-weighted assets	6.00%
Total capital ratio of risk-weighted assets	8.00%
Leverage ratio	4.00%

Related Party Transactions - Ch

Related Party Transactions - Changes in Loans Outstanding (Detail) - Management [Member] - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Related Party Transaction [Line Items]
Balance, beginning of year	$ 4,519	$ 5,034
New loans	421	107
Repayments	(1,121)	(622)
Balance, end of year	$ 3,819	$ 4,519

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($)	Jun. 30, 2015	Jun. 30, 2014
Management [Member]
Related Party Transaction [Line Items]
Deposits from related parties held by the Company	$ 1,421,000	$ 1,077,000

Employee Benefits - Additional

Employee Benefits - Additional Information (Detail)	12 Months Ended
	Jun. 30, 2015USD ($)Age	Jun. 30, 2014USD ($)
Defined Benefit Plan Disclosure [Line Items]
Expected contribution by the association in the year 2015	$ 96,000
Estimated net loss	(26,000)
Prior service cost	48,000	$ 48,000
Transition obligation	$ 0
Discount rates	4.26%	4.26%
Annual rate of health care cost, increase	10.00%	10.00%
Matching contribution contributed by the association under the plan	25.00%
Percentage of employee's compensation	5.00%
Employer contributions	$ 57,000	$ 53,000
Employer contributions	$ 906,414	840,000
Normal retirement age of directors | Age	72
Deferred Profit Sharing [Member]
Defined Benefit Plan Disclosure [Line Items]
Employer contributions	$ 500,000	462,000
Minimum [Member] | Deferred Profit Sharing [Member]
Defined Benefit Plan Disclosure [Line Items]
Employer Profit Sharing contribution under the Plan	5.00%
Deferred Compensation Agreements [Member]
Defined Benefit Plan Disclosure [Line Items]
Expected annual rate of health care cost, decrease	5.00%
Benefit cost discount rate	6.00%
Employer contributions	$ 130,000	$ 249,000

Employee Benefits - Plan's Fund

Employee Benefits - Plan's Funded Status and Pension Cost (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Change in benefit obligation
Beginning of year	$ 2,387	$ 2,344
Service cost	48	53
Interest cost	100	86
Actuarial gain (loss)	203	(18)
Benefits paid	(84)	(78)
End of year	$ 2,654	$ 2,387

Employee Benefits - Significant

Employee Benefits - Significant Balances, Costs and Assumptions (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Compensation and Retirement Disclosure [Abstract]
Benefit obligation	$ 2,654	$ 2,387	$ 2,344
Fair value of plan assets	0	0
Funded status	(2,654)	(2,387)
Accumulated benefit obligation	2,654	2,387
Amounts recognized in the consolidated balance sheets:
Accrued benefit cost	$ 2,654	$ 2,387

Employee Benefits - Net Periodi

Employee Benefits - Net Periodic Benefit Cost (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Compensation and Retirement Disclosure [Abstract]
Service cost	$ 48	$ 53
Interest cost	100	86
Amortization of prior service credit	(48)	(48)
Amortization of transition amount	25	33
Amortization of (Gain) or Loss	9	12
Net periodic benefit cost, Total	$ 134	$ 136

Employee Benefits - Accumulated

Employee Benefits - Accumulated Other Comprehensive Income Not Yet Recognized (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Compensation and Retirement Disclosure [Abstract]
Net loss	$ 531	$ 337
Prior service credit	(129)	(178)
Transition obligation		25
Net (gain) loss	$ 402	$ 184

Employee Benefits - Other Signi

Employee Benefits - Other Significant Balances and Costs (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Compensation and Retirement Disclosure [Abstract]
Employer contribution	$ 84	$ 78
Benefits paid	84	78
Benefit costs	$ 134	$ 136

Employee Benefits - One-Percent

Employee Benefits - One-Percentage-Point Change in Assumed Health Care Cost Trend Rates (Detail) $ in Thousands	12 Months Ended
	Jun. 30, 2015USD ($)
Compensation and Retirement Disclosure [Abstract]
One-Percentage-Point Increase, Effect on total of service and interest cost components	$ 5
One-Percentage-Point Increase, Effect on postretirement benefit obligation	40
One-Percentage-Point Decrease, Effect on total of service and interest cost components	(5)
One-Percentage-Point Decrease, Effect on postretirement benefit obligation	$ (46)

Employee Benefits - Postretirem

Employee Benefits - Postretirement Plan Benefit Payments Expected Future Service (Detail) $ in Thousands	Jun. 30, 2015USD ($)
Compensation and Retirement Disclosure [Abstract]
2,016	$ 109
2,017	120
2,018	133
2,019	146
2,020	157
2021-2025	$ 896

Employee Benefits - Benefit Pay

Employee Benefits - Benefit Payments Expected to be Paid for Agreements (Detail) $ in Thousands	Jun. 30, 2015USD ($)
Defined Benefit Plan Disclosure [Line Items]
2,016	$ 109
2,017	120
2,018	133
2,019	146
2,020	157
Thereafter	896
Deferred Compensation Agreements [Member]
Defined Benefit Plan Disclosure [Line Items]
2,016	65
2,017	65
2,018	67
2,019	85
2,020	101
Thereafter	2,702
Total	$ 3,085

Stock-based Compensation - Addi

Stock-based Compensation - Additional Information (Detail) - USD ($)	Dec. 10, 2013	Jun. 30, 2015	Jun. 30, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Minimum age of employee to attain the plan		21 years
Shares to be purchased for ESOP, from borrowed funds		384,900
Shares to be purchased for ESOP, percentage of Common Stock		8.00%
Repayment of loan on ESOP		20 years
Percentage vested in accrued benefits under ESOP		100.00%
Employee stock ownership plan vesting period		6 years
Number of share paid under ESOP		382,936	383,981
Fair value of options granted			$ 2.54
Options granted		0
Fair value for each option grant was estimated on the date of grant		7 years
Options vested during the period		23,857
Total unrecognized compensation cost related to non-vested stock options		$ 328,000
Weighted average recognition period for non-vested stock options		5 years 4 months 24 days
Unrecognized compensation expense for non-vested restricted stock awards		$ 1,200,000
Employee Severance [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of share paid under ESOP		1,045
Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Minimum hours of service for ESOP benefits		1000 hours
Period of service to qualify for ESOP benefits		12 months
Prorated vesting period		2 years
Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Prorated vesting period		5 years
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee stock ownership plan vesting period	7 years
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee stock ownership plan vesting period	10 years
Weighted average recognition period for non-vested stock options		8 years 4 months 24 days
Stock based compensation expense		$ 142,000
Tax benefit for restricted stock			$ 83,000
Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity Incentive Plan		673,575
Equity Incentive Plan [Member] | Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee stock ownership plan vesting period	7 years
Equity Incentive Plan		481,125
Approved restricted stock awards	167,000
Restricted stock available for future grants		314,125
Equity Incentive Plan [Member] | Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Employee stock ownership plan vesting period	10 years
Equity Incentive Plan		192,450
Approved restricted stock awards	85,500
Restricted stock available for future grants		106,950

Stock-based Compensation- Summa

Stock-based Compensation- Summary of ESOP Shares (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Allocated shares	55,771	37,571
Shares committed for release	19,245	19,245
Unearned shares	307,920	327,165
Total ESOP shares	382,936	383,981
Fair value of unearned ESOP shares	$ 5,090	$ 5,395

Stock-based Compensation- Sum95

Stock-based Compensation- Summary of ESOP Shares (Parenthetical) (Detail) - $ / shares	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
ESOP, closing price per share	$ 16.53	$ 16.49

Stock-based Compensation - Summ

Stock-based Compensation - Summary of Stock Option Activity (Detail) - Jun. 30, 2015 - USD ($) $ / shares in Units, $ in Thousands	Total
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Outstanding, June 30, 2014	167,000
Granted	0
Exercised	0
Forfeited	0
Outstanding, June 30, 2015	167,000
Exercisable, June 30, 2015	23,857
Outstanding, June 30, 2014	$ 16.63
Granted	0
Exercised	0
Forfeited	0
Outstanding, June 30, 2015	16.63
Exercisable, June 30, 2015	$ 16.63
Outstanding, June 30, 2015	8 years 4 months 24 days
Exercisable, June 30, 2015	8 years 4 months 24 days
Outstanding, June 30, 2015	$ 0
Exercisable, June 30, 2015	$ 0

Stock-based Compensation - Su97

Stock-based Compensation - Summary of Stock Option Activity (Parenthetical) (Detail)	Jun. 30, 2015$ / shares
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Closing price per share	$ 16.53

Stock-based Compensation - Weig

Stock-based Compensation - Weighted Average Assumptions Used in Black-Scholes Option Pricing Model (Detail) - Dec. 10, 2013 - $ / shares	Total
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Risk-free interest rates	2.17%
Expected dividend yield	0.60%
Expected stock volatility	9.87%
Expected life (years)	7 years
Exercise price	$ 16.63

Stock-based Compensation - Su99

Stock-based Compensation - Summary of Non-vested Restricted Stock Activity (Detail) - 12 months ended Jun. 30, 2015 - $ / shares	Total
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Beginning balance, Shares	85,500
Granted, Shares	0
Forfeited, Shares	0
Earned and issued, Shares	8,550
Ending balance, Shares	76,950
Beginning balance, Weighted-Average Grant-Date Fair Value	$ 16.63
Granted, Weighted-Average Grant-Date Fair Value	0
Forfeited, Weighted-Average Grant-Date Fair Value	0
Earned and issued, Weighted-Average Grant-Date Fair Value	16.63
Ending balance, Weighted-Average Grant-Date Fair Value	$ 16.63

Earnings Per Share ("EPS") - Fa

Earnings Per Share ("EPS") - Factors Used in Earnings Per Common Share Computation (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share [Abstract]
Net income	$ 3,274	$ 3,477
Basic Weighted average shares outstanding	4,242,742	4,474,147
Less: Average unallocated ESOP shares	(317,543)	(336,788)
Average shares outstanding	3,925,199	4,137,359
Diluted effect of restricted stock awards and stock options	479
Diluted average shares outstanding	3,925,678	4,137,359
Basic earnings per common share	$ 0.83	$ 0.84
Diluted earnings per common share	$ 0.83	$ 0.84

Earnings Per Share ("EPS") - Ad

Earnings Per Share ("EPS") - Additional Information (Detail)	Dec. 10, 2013shares	Jun. 30, 2015Number_of_stock_repurchase$ / sharesshares	Jun. 30, 2014shares	May. 21, 2015shares	May. 14, 2014shares
Number of stock repurchase plans | Number_of_stock_repurchase		1
Repurchase program announcement date		May 14, 2014
Shares authorized to be repurchased					221,383
Percentage of current outstanding shares					5.00%
Repurchase of shares		298,383	278,535
Repurchase of shares in average price | $ / shares		$ 16.52
Restricted stock		0
Stock options		0
Restricted stock vested period		6 years
Second Repurchase Program [Member]
Shares authorized to be repurchased				210,313
Percentage of current outstanding shares				5.00%
Repurchase of shares		127,000
Repurchase of shares in average price | $ / shares		$ 16.69
Restricted Stock [Member]
Restricted stock	85,500
Restricted stock vested period	10 years
Shares of non-vested restricted stock			85,500
Employee Stock Option [Member]
Stock options	167,000
Restricted stock vested period	7 years
Shares of non-vested restricted stock		167,000	167,000
Stock Repurchase Plan [Member]
Repurchase of shares		221,383

Disclosures About Fair Value102

Disclosures About Fair Value of Assets and Liabilities - Fair Value Measurements of Assets Recognized on Recurring Basis (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Available-for-sale securities:
Available-for-sale securities, Fair Value	$ 170,630	$ 184,586
Mortgage servicing rights	505	506	$ 502
U.S. Government and Federal Agency and Government Sponsored Enterprises (GSE's) [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	107,938	114,662
Mortgage-Backed Securities - GSE Residential [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	58,840	66,732
State and Political Subdivisions [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	3,852	3,192
Significant Other Observable Inputs (Level 2) [Member] | U.S. Government and Federal Agency and Government Sponsored Enterprises (GSE's) [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	107,938	114,662
Significant Other Observable Inputs (Level 2) [Member] | Mortgage-Backed Securities - GSE Residential [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	58,840	66,732
Significant Other Observable Inputs (Level 2) [Member] | State and Political Subdivisions [Member]
Available-for-sale securities:
Available-for-sale securities, Fair Value	3,852	3,192
Significant Unobservable Inputs (Level 3) [Member]
Available-for-sale securities:
Mortgage servicing rights	$ 505	$ 506

Disclosures About Fair Value103

Disclosures About Fair Value of Assets and Liabilities - Reconciliation of Beginning and Ending Balances of Recurring Fair Value Measurements Recognized in Accompanying Balance Sheet (Detail) - Mortgage Servicing Rights [Member] - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning Balance	$ 506	$ 502
Total realized and unrealized gains and losses included in net income	(11)	(3)
Servicing rights that result from asset transfers	75	60
Payments received and loans refinanced	(65)	(53)
Ending Balance	505	$ 506
Total gains or losses for the period included in net income attributable to the change in unrealized gains or losses related to assets and liabilities still held at the reporting date	$ (11)

Disclosures About Fair Value104

Disclosures About Fair Value of Assets and Liabilities - Fair Value Measurement of Assets Recognized on Nonrecurring Basis (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans (collateral dependent)	$ 4,907	$ 4,545
Non-recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans (collateral dependent)	63	401
Foreclosed assets		38
Significant Unobservable Inputs (Level 3) [Member] | Non-recurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans (collateral dependent)	$ 63	401
Foreclosed assets		$ 38

Disclosures About Fair Value105

Disclosures About Fair Value of Assets and Liabilities - Recoveries (Losses) Recognized on Assets Measured on Non-Recurring Basis (Detail) - Non-recurring [Member] - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans (collateral dependent)	$ 71,000	$ 51,000
Foreclosed and repossessed assets held for sale	(20,000)	(75,000)
Total (losses)/recoveries on assets measured on a non-recurring basis	$ 51,000	$ (24,000)

Disclosures About Fair Value106

Disclosures About Fair Value of Assets and Liabilities - Quantitative Information about Unobservable Inputs Used in Recurring and Nonrecurring Level 3 Fair Value Measurements (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Mortgage Servicing Rights [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Valuation Technique	Discounted cash flow
Fair Value	$ 505	$ 506	$ 502
Mortgage Servicing Rights [Member] | Minimum [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Unobservable Input, Discount rate	9.50%	10.00%
Unobservable Inputs, Constant prepayment rate	10.00%	10.80%
Unobservable Inputs, Probability of default	0.15%	0.13%
Mortgage Servicing Rights [Member] | Maximum [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Unobservable Input, Discount rate	10.50%	11.00%
Unobservable Inputs, Constant prepayment rate	11.50%	13.10%
Unobservable Inputs, Probability of default	0.34%	0.26%
Mortgage Servicing Rights [Member] | Weighted Average [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Unobservable Input, Discount rate	9.50%	10.00%
Unobservable Inputs, Constant prepayment rate	10.70%	11.90%
Unobservable Inputs, Probability of default	0.33%	0.25%
Impaired Loans (Collateral Dependent) [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Valuation Technique	Market comparable properties
Fair Value		$ 401
Impaired Loans (Collateral Dependent) [Member] | Minimum [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Unobservable Inputs, Marketability discount	0.00%	0.00%
Impaired Loans (Collateral Dependent) [Member] | Maximum [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Unobservable Inputs, Marketability discount	11.10%	24.00%
Impaired Loans (Collateral Dependent) [Member] | Weighted Average [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Unobservable Inputs, Marketability discount	10.10%	23.70%
Foreclosed Assets [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Fair Value		$ 38
Foreclosed Assets [Member] | Minimum [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Unobservable Inputs, Comparability adjustments		0.00%
Foreclosed Assets [Member] | Maximum [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Unobservable Inputs, Comparability adjustments		24.00%
Foreclosed Assets [Member] | Weighted Average [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Unobservable Inputs, Comparability adjustments		24.00%

Disclosures About Fair Value107

Disclosures About Fair Value of Assets and Liabilities - Estimated Fair Values of Financial Instruments and Level within Fair Value Hierarchy in which Fair Value Measurements Fall (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Financial assets
Cash and cash equivalents	$ 13,224	$ 12,731	$ 6,580
Interest-bearing time deposits in banks	250	250
Loans, net of allowance for loan losses	356,194	329,924
Federal Home Loan Bank stock	5,425	5,425
Accrued interest receivable	1,673	1,788
Financial liabilities
Deposits	415,544	404,593
Repurchase agreements	4,024	2,324
Federal Home Loan Bank advances	58,000	56,750
Advances from borrowers for taxes and insurance	955	997
Accrued interest payable	65	96
Unrecognized financial instruments (net of contract amount)
Commitments to originate loans	0	0
Lines of credit	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) [Member]
Financial assets
Cash and cash equivalents	13,224	12,731
Interest-bearing time deposits in banks	250	250
Unrecognized financial instruments (net of contract amount)
Commitments to originate loans	0	0
Lines of credit	0	0
Significant Other Observable Inputs (Level 2) [Member]
Financial assets
Federal Home Loan Bank stock	5,425	5,425
Accrued interest receivable	1,673	1,788
Financial liabilities
Deposits	167,927	149,343
Repurchase agreements	4,024	2,324
Federal Home Loan Bank advances	58,833	58,146
Advances from borrowers for taxes and insurance	955	997
Accrued interest payable	65	96
Unrecognized financial instruments (net of contract amount)
Commitments to originate loans	0	0
Lines of credit	0	0
Significant Unobservable Inputs (Level 3) [Member]
Financial assets
Loans, net of allowance for loan losses	357,945	333,282
Financial liabilities
Deposits	247,884	255,451
Unrecognized financial instruments (net of contract amount)
Commitments to originate loans	0	0
Lines of credit	$ 0	$ 0

Commitments and Credit Risk - A

Commitments and Credit Risk - Additional Information (Detail) - USD ($)	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Commitments And Contingencies Disclosure [Line Items]
Outstanding commitments to originate loans amount	$ 32,028,000	$ 8,949,000
Loan amount commitments at fixed rates of interest	$ 28,058,000	$ 2,266,000
Weighted average interest rates for fixed rate loan commitments	4.09%	4.74%
Commercial [Member]
Commitments And Contingencies Disclosure [Line Items]
Lines of credit to borrowers	$ 27,441,000	$ 12,919,000
Open End Consumer Lines [Member]
Commitments And Contingencies Disclosure [Line Items]
Lines of credit to borrowers	$ 5,506,000	$ 5,744,000

Condensed Financial Informat109

Condensed Financial Information (Parent Company Only) - Condensed Balance Sheet (Detail) - USD ($) $ in Thousands	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2013
Assets
Cash and due from banks	$ 12,473	$ 12,615
Deferred income taxes	2,249	2,059
Total assets	563,668	551,343
Liabilities
Other liabilities	1,990	2,110
Total liabilities	483,232	469,257
Stockholders' Equity	80,436	82,086	$ 81,749
Total liabilities and stockholders' equity	563,668	551,343
Parent Company [Member]
Assets
Cash and due from banks	10,206	10,272
Investment in common stock of subsidiary	66,485	67,719
ESOP loan	3,260	3,413
Deferred income taxes	496	686
Total assets	80,447	82,090
Liabilities
Other liabilities	11	4
Total liabilities	11	4
Stockholders' Equity	80,436	82,086
Total liabilities and stockholders' equity	$ 80,447	$ 82,090

Condensed Financial Informat110

Condensed Financial Information (Parent Company Only) - Condensed Statement of Income and Comprehensive Income (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Income
Interest on ESOP loan	$ 14,321	$ 13,761
Deposits with financial institutions	14	8
Total interest and dividend income	18,895	18,961
Expense
Interest expense	3,226	3,148
Other	1,219	1,138
Income Before Income Tax	5,109	5,339
Benefit for Income Taxes	1,835	1,862
Net Income	3,274	3,477
Comprehensive Income	3,192	4,943
Parent Company [Member]
Income
Interest on ESOP loan	109	114
Deposits with financial institutions	0	0
Total interest and dividend income	109	114
Expense
Interest expense	0	0
Charitable contributions	0	0
Other	149	161
Total expense	149	161
Income Before Income Tax	(40)	(47)
Benefit for Income Taxes	(12)	(13)
Loss Before Equity in Undistributed Loss of Subsidiary	(28)	(34)
Equity in Undistributed Income of Subsidiary	3,302	3,511
Net Income	3,274	3,477
Comprehensive Income	$ 3,192	$ 4,943

Condensed Financial Informat111

Condensed Financial Information (Parent Company Only) - Condensed Statement of Cash Flows (Detail) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities
Net income	$ 3,274	$ 3,477
Items not requiring (providing) cash
Deferred income tax	(135)	167
Net change in other liabilities	(120)	55
Cash flows from financing activities
Stock purchase per stock repurchase plan	(4,952)	(4,622)
Dividends paid	(403)	(415)
Increase (Decrease) in Cash and Cash Equivalents	493	6,151
Cash and Cash Equivalents, Beginning of Year	12,731	6,580
Cash and Cash Equivalents, End of Year	13,224	12,731
Parent Company [Member]
Cash flows from operating activities
Net income	3,274	3,477
Items not requiring (providing) cash
Deferred income tax	190	256
Net change in other liabilities	7	4
Earnings from subsidiary	(3,302)	(3,511)
Net cash provided by operating activities	169	226
Cash flows from financing activities
Stock purchase per stock repurchase plan	(4,952)	(4,622)
Dividends paid	(436)	(450)
Dividends received	5,000
Loan for ESOP	153	149
Net cash used in financing activities	(235)	(4,923)
Increase (Decrease) in Cash and Cash Equivalents	(66)	(4,697)
Cash and Cash Equivalents, Beginning of Year	10,272	14,969
Cash and Cash Equivalents, End of Year	$ 10,206	$ 10,272