First Northwest Bancorp (FNWB) 10-Q 16 Feb 16 2016 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Dec. 31, 2015	Feb. 04, 2016
Document Information [Abstract]
Entity Registrant Name	First Northwest Bancorp
Entity Central Index Key	1,556,727
Document Type	10-Q
Document Period End Date	Dec. 31, 2015
Amendment Flag	false
Current Fiscal Year End Date	--06-30
Entity Filer Category	Non-accelerated Filer
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2,016
Common Stock, Shares Outstanding		13,100,360

Consolidated Balance Sheets (Un

Consolidated Balance Sheets (Unaudited) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
ASSETS
Cash and due from banks	$ 14,158	$ 10,590
Interest-bearing deposits in banks	9,502	34,440
Investment securities available for sale, at fair value	305,131	299,040
Investment securities held to maturity, at amortized cost	58,872	61,524
Loans held for sale	0	110
Loans receivable (net of allowance for loan losses of $6,974 and $7,111)	527,144	487,887
Federal Home Loan Bank (FHLB) stock, at cost	4,197	4,807
Accrued interest receivable	2,868	2,546
Premises and equipment, net	13,563	12,580
Mortgage servicing rights, net	1,055	1,187
Bank-owned life insurance, net	18,190	18,168
Real estate owned and repossessed assets	158	1,914
Prepaid expenses and other assets	2,964	2,009
Total assets	957,802	936,802
LIABILITIES AND STOCKHOLDERS' EQUITY
Deposits	685,093	647,164
Borrowings	75,154	90,033
Accrued interest payable	210	265
Accrued expenses and other liabilities	6,943	7,727
Advances from borrowers for taxes and insurance	1,027	932
Total liabilities	768,427	746,121
Stockholders' Equity
Preferred stock, $0.01 par value, authorized 5,000,000 shares, no shares issued or outstanding	0	0
Common stock, $0.01 par value, authorized 75,000,000 shares; issued and outstanding 13,100,360 at December 31, 2015, and June 30, 2015	131	131
Additional paid-in capital	126,810	126,809
Retained earnings	76,514	74,573
Accumulated other comprehensive (loss) income, net of tax	(1,551)	750
Unearned employee stock ownership plan (ESOP) shares	(12,529)	(11,582)
Total stockholders' equity	189,375	190,681
Total liabilities and stockholders' equity	$ 957,802	$ 936,802

Consolidated Balance Sheets (U3

Consolidated Balance Sheets (Unaudited) (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Statement of Financial Position [Abstract]
Allowance for loan losses	$ 6,974	$ 7,111
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized	75,000,000	75,000,000
Common stock, shares issued	13,100,360	13,100,360
Common stock, shares outstanding	13,100,360	13,100,360

Consolidated Income Statements

Consolidated Income Statements (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
INTEREST INCOME
Interest and fees on loans receivable	$ 5,766	$ 5,606	$ 11,268	$ 11,135
Interest on mortgage-backed and related securities	1,351	757	2,553	1,533
Interest on investment securities	776	330	1,565	647
Interest-bearing deposits and other	14	22	34	27
FHLB dividends	34	2	45	5
Total interest income	7,941	6,717	15,465	13,347
INTEREST EXPENSE
Deposits	510	382	1,011	753
Borrowings	671	734	1,397	1,470
Total interest expense	1,181	1,116	2,408	2,223
Net interest income	6,760	5,601	13,057	11,124
PROVISION FOR LOAN LOSSES	0	0	0	0
Net interest income after provision for loan losses	6,760	5,601	13,057	11,124
NONINTEREST INCOME
Loan and deposit service fees	882	824	1,811	1,659
Mortgage servicing fees, net of amortization	57	60	115	133
Net gain on sale of loans	26	41	68	138
Net gain on sale of investment securities	856	0	856	0
(Decrease) increase in cash surrender value of bank-owned life insurance	(17)	(16)	22	23
Other income	74	70	269	168
Total noninterest income	1,878	979	3,141	2,121
NONINTEREST EXPENSE
Compensation and benefits	3,708	3,049	6,981	6,089
Real estate owned and repossessed assets (income) expenses, net	(35)	(146)	(377)	(62)
Data processing	653	622	1,308	1,232
Occupancy and equipment	908	768	1,721	1,562
Supplies, postage, and telephone	200	171	339	331
Regulatory assessments and state taxes	183	78	277	163
Advertising	252	144	441	272
Professional fees	439	128	899	297
FDIC insurance premium	99	131	223	267
FHLB prepayment penalty	779	0	779	0
Other	497	497	1,007	808
Total noninterest expense	7,683	5,442	13,598	10,959
INCOME BEFORE PROVISION FOR INCOME TAXES	955	1,138	2,600	2,286
PROVISION FOR INCOME TAXES	242	256	659	555
NET INCOME	$ 713	$ 882	$ 1,941	$ 1,731
Basic and diluted earnings per share (in dollars per share)	$ 0.06		$ 0.16

Consolidated Income Statements5

Consolidated Income Statements (Unaudited) (Parenthetical)	Dec. 31, 2014shares
Income Statement [Abstract]
Number of shares outstanding	0

Consolidated Statements of Comp

Consolidated Statements of Comprehensive (Loss) Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Statement of Comprehensive Income [Abstract]
NET INCOME	$ 713	$ 882	$ 1,941	$ 1,731
Unrealized (loss) gain on securities:
Unrealized holding (loss) gain, net of taxes of $(1,199), $120, $(893) and $149, respectively	(2,328)	232	(1,736)	283
Reclassification adjustments for gains on sales of securities, net of taxes of $(291), $0, $(291) and $0, respectively	(565)	0	(565)	0
Other comprehensive (loss) income, net of tax	(2,893)	232	(2,301)	283
COMPREHENSIVE (LOSS) INCOME	$ (2,180)	$ 1,114	$ (360)	$ 2,014

Consolidated Statements of Com7

Consolidated Statements of Comprehensive (Loss) Income (Unaudited) (Parenthetical) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Statement of Comprehensive Income [Abstract]
Unrealized holding gain (loss), tax	$ (1,199)	$ 120	$ (893)	$ 149
Reclassification adjustment for gains on sale, tax	$ (291)	$ 0	$ (291)	$ 0

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Unearned ESOP Shares	Accumulated Other Comprehensive Income (Loss), Net of Tax
BEGINNING BALANCE at Jun. 30, 2014	$ 80,995			$ 79,663		$ 1,332
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	1,731			1,731
Other comprehensive income, net of tax	283					283
ENDING BALANCE at Dec. 31, 2014	83,009			81,394		1,615
BEGINNING BALANCE at Jun. 30, 2015	$ 190,681	$ 131	$ 126,809	74,573	$ (11,582)	750
Shares, beginning balance at Jun. 30, 2015	13,100,360	13,100,360
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	$ 1,941			1,941
Other comprehensive income, net of tax	(2,301)					(2,301)
ESOP shares purchased	(1,253)				(1,253)
ESOP shares allocated	$ 307		1		306
Shares, ending balance at Dec. 31, 2015	13,100,360	13,100,360
ENDING BALANCE at Dec. 31, 2015	$ 189,375	$ 131	$ 126,810	$ 76,514	$ (12,529)	$ (1,551)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 1,941	$ 1,731
Adjustments to reconcile net income to net cash from operating activities:
Depreciation	523	492
Amortization and accretion of premiums and discounts on investments, net	770	638
Amortization of deferred loan fees, net	(58)	(84)
Amortization of mortgage servicing rights	152	167
Additions to mortgage servicing rights	(20)	(40)
Gain on sale of real estate owned and repossessed assets, net	(507)	(215)
Deferred federal income taxes	12	0
Allocation of ESOP shares	307	0
Gain on sale of loans	(68)	(138)
Gain on sale of securities available for sale, net	(856)	0
Write-down on real estate owned and repossessed assets	53	84
Increase in cash surrender value of life insurance	(22)	(23)
Origination of loans held for sale	(2,131)	(6,095)
Proceeds from loans held for sale	2,309	6,846
Change in assets and liabilities:
(Increase) decrease in accrued interest receivable	(322)	54
Decrease (increase) in prepaid expenses and other assets	217	(1,216)
(Decrease) increase in accrued interest payable	(55)	2
(Decrease) increase in accrued expenses and other liabilities	(784)	1,600
Net cash from operating activities	1,461	3,803
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of securities available for sale	(103,945)	(25,943)
Proceeds from maturities, calls, and principal repayments of securities available for sale	20,246	12,595
Proceeds from sales of securities available for sale	74,363	0
Purchase of securities held to maturity	(500)	0
Proceeds from maturities, calls, and principal repayments of securities held to maturity	2,998	3,199
Proceeds from FHLB stock redemption	610	204
Proceeds from sale of real estate owned and repossessed assets	3,266	795
Loan originations, net of repayments, write-offs, and recoveries	(40,255)	852
Purchase of premises and equipment, net	(1,506)	(279)
Net cash from investing activities	(44,723)	(8,577)
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase in deposits	37,929	140,425
Proceeds from FHLB advances	17,703	17,100
Repayment of FHLB advances	(32,473)	(32,200)
Repayment of notes payable	(109)	0
Net increase (decrease) in advances from borrowers for taxes and insurance	95	(228)
Purchase of ESOP shares	(1,253)	0
Net cash from financing activities	21,892	125,097
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(21,370)	120,323
CASH AND CASH EQUIVALENTS, beginning of period	45,030	18,960
CASH AND CASH EQUIVALENTS, end of period	23,660	139,283
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Interest on deposits and other borrowings	2,463	2,221
Income taxes	1,277	250
NONCASH INVESTING ACTIVITIES
Unrealized (loss) gain on securities available for sale	(3,482)	432
Net loans transferred to real estate owned and repossessed assets	$ 1,056	$ 1,880

Basis of Presentation and Criti

Basis of Presentation and Critical Accounting Policies	6 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation and Critical Accounting Policies	Basis of Presentation and Critical Accounting Policies Organization and Nature of business - First Northwest Bancorp, a Washington corporation, became the holding company of First Federal Savings and Loan Association of Port Angeles, on January 29, 2015, upon completion of the Bank's conversion from a mutual to stock form of organization (the "Conversion"). In connection with the Conversion, the Company issued an aggregate of 12,167,000 shares of common stock at an offering price of $10.00 per share for gross proceeds of $121.7 million . An additional 933,360 shares of Company common stock and $400,000 in cash were contributed to the First Federal Community Foundation ("Foundation"), a charitable foundation that was established in connection with the Conversion, resulting in the issuance of a total of 13,100,360 shares. The Company received $117.6 million in net proceeds from the stock offering of which $58.4 million were contributed to the Bank upon Conversion. The Bank intends to use this additional capital for future lending and investment activities and for general and other corporate purposes subject to regulatory limitations. Pursuant to the Bank's Plan of Conversion (the "Plan") adopted by its Board of Directors, and as approved by its members, the Company established an employee stock ownership plan ("ESOP") which purchased in the open market 8% of the common stock issued in the Conversion for a total of 1,048,029 shares with funds borrowed from the Company. First Northwest's business activities generally are limited to passive investment activities and oversight of its investment in First Federal. Accordingly, the information set forth in this report, including the consolidated unaudited financial statements and related data, relates primarily to the Bank. The Bank provides commercial and consumer banking services to individuals and businesses located primarily on the Olympic Peninsula in the State of Washington. These services include deposit and lending transactions that are supplemented with other borrowing and investing activities. Basis of presentation - The accompanying unaudited interim consolidated financial statements have been prepared pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (SEC). Accordingly, they do not include all of the information and footnotes required by U.S. Generally Accepted Accounting Principles (GAAP) for complete financial statements. These unaudited interim consolidated financial statements should be read in conjunction with our audited consolidated financial statements and accompanying notes included in the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2015 . In our opinion, all adjustments (consisting only of normal recurring adjustments) considered necessary for a fair presentation of the consolidated financial statements in accordance with GAAP have been included. Operating results for the three and six months ended December 31, 2015 , are not necessarily indicative of the results that may be expected for the year ended June 30, 2016 . In preparing the unaudited interim consolidated financial statements, we are required to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, and expenses. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to a determination of the allowance for loan losses (ALLL), mortgage servicing rights, fair value of financial instruments, deferred tax assets and liabilities, and the valuation of impaired loans and real estate owned and repossessed assets. The Company completed its stock offering and became a public company on January 29, 2015 , and therefore earnings per share and share calculations prior to that date are not meaningful. The Conversion was accounted for as a change in corporate form with the historic basis of the Bank's assets, liabilities, and equity unchanged as a result. Principles of consolidation - The accompanying consolidated financial statements include the accounts of First Northwest Bancorp; its wholly owned subsidiary, First Federal; and First Federal's wholly owned subsidiary, North Olympic Peninsula Services, Inc. ("NOPS"), and majority-owned Craft3 Development IV, LLC ("Craft3"). NOPS owns a building currently rented in whole to First Federal. Craft3 is a partnership investment formed to provide a loan qualifying under the New Markets Tax Credit ("NMTC") rules. The Craft3 partnership was a seven year commitment, commensurate with the NMTC period, which expired June 6, 2015. First Federal subsequently entered a membership redemption and assignment agreement which terminated its membership interest in the Craft3 partnership effective September 30, 2015. All material intercompany accounts and transactions have been eliminated in consolidation. Subsequent Events - The Company has evaluated subsequent events for potential recognition and disclosure and determined there are no such events or transactions requiring recognition or disclosure. Recently issued accounting pronouncements - In September 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments . The ASU simplifies accounting for business combinations by not requiring retrospective adjustments of estimated amounts. Instead, the effect on earnings by line item as a result of changes in provisional amounts will be separately disclosed in the period for which the accounting of the combination is complete. The amendments in this ASU are effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2015. The adoption of ASU No. 2015-16 is not expected to have a material impact on the Company's consolidated financial statements. In November 2015, the FASB issued ASU No. 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes . The ASU simplifies accounting for deferred taxes by requiring that all deferred tax assets or liabilities be classified as noncurrent. This replaces the prior guidance which required deferred taxes to be separated into current and noncurrent amounts. The amendments in this ASU are effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2016. The adoption of ASU No. 2015-17 is not expected to have a material impact on the Company's consolidated financial statements. In January 2016, the FASB issued ASU No. 2016-01, Financial Instruments--Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities . The main provisions of this ASU address the valuation and impairment of equity securities along with enhanced disclosures about those investments. Equity securities with readily determinable fair values will be treated in the same manner as other financial instruments. The amendments in this ASU are effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. The adoption of ASU No. 2016-01 is not expected to have a material impact on the Company's consolidated financial statements. Reclassifications - Certain amounts in the unaudited interim consolidated financial statements for prior periods have been reclassified to conform to the current unaudited financial statement presentation with no effect on net income or stockholders' equity.

Securities

Securities	6 Months Ended
	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Securities	Securities The amortized cost, gross unrealized gains and losses, and estimated fair value of securities classified as available-for-sale and held-to-maturity at December 31, 2015 , are summarized as follows: December 31, 2015 Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value (In thousands) Available for Sale Municipal bonds $ 25,980 $ 627 $ (132 ) $ 26,475 U.S. Treasury and government agency issued bonds (Agency bonds) 23,446 91 (186 ) 23,351 U.S. government agency issued asset-backed securities (ABS agency) 9,180 — (762 ) 8,418 Corporate issued asset-backed securities (ABS corporate) 29,672 — (365 ) 29,307 U.S. Small Business Administration securities (SBA) 9,880 — (52 ) 9,828 Mortgage-backed securities: U.S. government agency issued mortgage-backed securities (MBS agency) 160,313 353 (1,200 ) 159,466 Corporate issued mortgage-backed securities (MBS corporate) 49,059 — (773 ) 48,286 Total securities available for sale $ 307,530 $ 1,071 $ (3,470 ) $ 305,131 Held to Maturity Municipal bonds $ 14,574 $ 462 $ — $ 15,036 SBA 1,100 1 — 1,101 Mortgage-backed securities: MBS agency 43,198 935 (181 ) 43,952 Total securities held to maturity $ 58,872 $ 1,398 $ (181 ) $ 60,089 The amortized cost, gross unrealized gains and losses, and estimated fair value of securities classified as available-for-sale and held-to-maturity at June 30, 2015 , are summarized as follows: June 30, 2015 Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value (In thousands) Available for Sale Municipal bonds $ 17,387 $ 122 $ (235 ) $ 17,274 Agency bonds 23,948 10 (184 ) 23,774 ABS agency 9,647 — (446 ) 9,201 ABS corporate 29,634 — — 29,634 SBA 33,955 519 (146 ) 34,328 Mortgage-backed securities: MBS agency 175,239 2,241 (603 ) 176,877 MBS corporate 8,147 — (195 ) 7,952 Total securities available for sale $ 297,957 $ 2,892 $ (1,809 ) $ 299,040 Held to Maturity Municipal bonds $ 15,149 $ 424 $ (20 ) $ 15,553 SBA 875 3 (1 ) 877 Mortgage-backed securities: MBS agency 45,500 889 (309 ) 46,080 Total securities held to maturity $ 61,524 $ 1,316 $ (330 ) $ 62,510 The following shows the unrealized gross losses and fair value of the investment portfolio by length of time that individual securities in each category have been in a continuous loss position as of December 31, 2015 : Less Than Twelve Months Twelve Months or Longer Total Gross Losses Fair Value Gross Losses Fair Value Gross Losses Fair Value (In thousands) Available for Sale Municipal bonds $ (132 ) $ 2,095 $ — $ — $ (132 ) $ 2,095 Agency bonds (186 ) 14,445 — — (186 ) 14,445 ABS agency — — (762 ) 8,418 (762 ) 8,418 ABS corporate (365 ) 29,307 — — (365 ) 29,307 SBA (52 ) 9,623 — — (52 ) 9,623 Mortgage-backed securities: MBS agency (1,020 ) 113,733 (180 ) 12,030 (1,200 ) 125,763 MBS corporate (773 ) 48,287 — — (773 ) 48,287 Total available for sale $ (2,528 ) $ 217,490 $ (942 ) $ 20,448 $ (3,470 ) $ 237,938 Held to Maturity SBA $ — $ 316 $ — $ — $ — $ 316 Mortgage-backed securities: MBS agency (115 ) 14,791 (66 ) 5,496 (181 ) 20,287 Total held to maturity $ (115 ) $ 15,107 $ (66 ) $ 5,496 $ (181 ) $ 20,603 The following shows the unrealized gross losses and fair value of the investment portfolio by length of time that individual securities in each category have been in a continuous loss position as of June 30, 2015 : Less Than Twelve Months Twelve Months or Longer Total Gross Losses Fair Value Gross Losses Fair Value Gross Losses Fair Value (In thousands) Available for Sale Municipal bonds $ (204 ) $ 9,809 $ (31 ) $ 3,801 $ (235 ) $ 13,610 Agency bonds (184 ) 20,792 — — (184 ) 20,792 ABS agency — — (446 ) 9,201 (446 ) 9,201 SBA (140 ) 11,823 (6 ) 4,122 (146 ) 15,945 Mortgage-backed securities: MBS agency (459 ) 63,631 (144 ) 11,091 (603 ) 74,722 MBS corporate (195 ) 4,164 — — (195 ) 4,164 Total available for sale $ (1,182 ) $ 110,219 $ (627 ) $ 28,215 $ (1,809 ) $ 138,434 Held to Maturity Municipal bonds $ — $ — $ (20 ) $ 1,298 $ (20 ) $ 1,298 SBA — — (1 ) 244 (1 ) 244 Mortgage-backed securities: MBS agency (272 ) 14,628 (37 ) 3,059 (309 ) 17,687 Total held to maturity $ (272 ) $ 14,628 $ (58 ) $ 4,601 $ (330 ) $ 19,229 The Company may hold certain investment securities in an unrealized loss position that are not considered other than temporarily impaired (OTTI). At December 31, 2015 , there were 63 investment securities with $3.7 million of unrealized losses and a fair value of approximately $258.5 million . At June 30, 2015 , there were 54 investment securities with $2.1 million of unrealized losses and a fair value of approximately $157.7 million . We believe that the unrealized losses on our investment securities relate principally to the general change in interest rates and illiquidity, and not credit quality, that has occurred since the initial purchase, and such unrecognized losses or gains will continue to vary with general interest rate level fluctuations in the future. Certain investments in a loss position are guaranteed by government entities or government sponsored entities. The Company does not intend to sell the temporarily impaired securities and believes it is not likely it will be required to sell these investments prior to a market price recovery or maturity. There were no OTTI losses during the three and six months ended December 31, 2015 or 2014 . The amortized cost and estimated fair value of investment securities by contractual maturity are shown in the following tables at the dates indicated. Expected maturities of mortgage-backed securities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties; therefore, these securities are shown separately. December 31, 2015 Available-for-Sale Held-to-Maturity Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value (In thousands) Mortgage-backed securities: Due within one year $ — $ — $ — $ — Due after one through five years — — 2,813 2,860 Due after five through ten years 20,671 20,519 4,313 4,329 Due after ten years 188,701 187,233 36,072 36,763 Total mortgage-backed securities 209,372 207,752 43,198 43,952 All other investment securities: Due within one year 8,004 7,869 — — Due after one through five years 15,275 15,237 500 500 Due after five through ten years 23,445 23,517 9,843 10,108 Due after ten years 51,434 50,756 5,331 5,529 Total all other investment securities 98,158 97,379 15,674 16,137 Total investment securities $ 307,530 $ 305,131 $ 58,872 $ 60,089 June 30, 2015 Available-for-Sale Held-to-Maturity Amortized Estimated Amortized Estimated (In thousands) Mortgage-backed securities: Due within one year $ — $ — $ 32 $ 34 Due after one through five years — — 1 1 Due after five through ten years 5,912 5,988 6,207 6,303 Due after ten years 177,474 178,841 39,260 39,742 Total mortgage-backed securities 183,386 184,829 45,500 46,080 All other investment securities: Due within one year 7,982 7,982 260 261 Due after one through five years 10,966 10,945 165 166 Due after five through ten years 28,836 28,820 9,921 10,126 Due after ten years 66,787 66,464 5,678 5,877 Total all other investment securities 114,571 114,211 16,024 16,430 Total investment securities $ 297,957 $ 299,040 $ 61,524 $ 62,510 Sales of securities available-for-sale for the periods shown are summarized as follows: Three Months Ended December 31, Six Months Ended December 31, 2015 2014 2015 2014 (In thousands) Proceeds from sales $ 74,363 $ — $ 74,363 $ — Gross realized gains 1,003 — 1,003 — Gross realized losses (147 ) — (147 ) —

Loans Receivable

Loans Receivable	6 Months Ended
	Dec. 31, 2015
Loans and Leases Receivable Disclosure [Abstract]
Loans Receivable	Loans Receivable Loans receivable consisted of the following at the dates indicated: December 31, 2015 June 30, 2015 (In thousands) Real Estate: One-to-four family $ 275,728 $ 256,696 Multi-family 44,104 33,086 Commercial real estate 130,398 125,623 Construction and land 26,580 19,127 Total real estate loans 476,810 434,532 Consumer: Home equity 35,288 36,387 Other consumer 7,687 8,198 Total consumer loans 42,975 44,585 Commercial business loans 13,623 14,764 Total loans 533,408 493,881 Less: Net deferred loan fees 1,070 840 Premium on purchased loans, net (1,780 ) (1,957 ) Allowance for loan losses 6,974 7,111 Total loans receivable, net $ 527,144 $ 487,887 Allowance for Loan Losses. The Company maintains a general allowance for loan losses based on evaluating known and inherent risks in the loan portfolio, including management’s continuing analysis of the factors underlying the quality of the loan portfolio. These factors include changes in the size and composition of the loan portfolio, actual loan loss experience, and current and anticipated economic conditions. The reserve is an estimate based upon factors and trends identified by management at the time the financial statements are prepared. The following tables summarize changes in the ALLL and loan portfolio by segment and impairment method for the periods shown: At or For the Three Months Ended December 31, 2015 One-to- four family Multi-family Commercial real estate Construction and land Home equity Other consumer Commercial business Unallocated Total (In thousands) ALLL: Beginning balance $ 3,027 $ 260 $ 1,040 $ 372 $ 946 $ 284 $ 163 $ 984 $ 7,076 Provision for loan losses (115 ) 27 (34 ) 17 83 58 (24 ) (12 ) — Charge-offs (53 ) — — — (30 ) (72 ) — — (155 ) Recoveries 4 — — 1 31 17 — — 53 Ending balance $ 2,863 $ 287 $ 1,006 $ 390 $ 1,030 $ 287 $ 139 $ 972 $ 6,974 At or For the Six Months Ended December 31, 2015 One-to- four family Multi-family Commercial real estate Construction and land Home equity Other consumer Commercial business Unallocated Total (In thousands) ALLL: Beginning balance $ 3,143 $ 251 $ 998 $ 336 $ 1,052 $ 321 $ 251 $ 759 $ 7,111 Provision for loan losses (228 ) 36 8 53 4 60 (146 ) 213 — Charge-offs (60 ) — — — (69 ) (122 ) (7 ) — (258 ) Recoveries 8 — — 1 43 28 41 — 121 Ending balance $ 2,863 $ 287 $ 1,006 $ 390 $ 1,030 $ 287 $ 139 $ 972 $ 6,974 At December 31, 2015 One-to- four family Multi-family Commercial real estate Construction and land Home equity Other consumer Commercial business Unallocated Total (In thousands) Total ALLL $ 2,863 $ 287 $ 1,006 $ 390 $ 1,030 $ 287 $ 139 $ 972 $ 6,974 General reserve 2,623 287 935 369 947 221 98 972 6,452 Specific reserve 240 — 71 21 83 66 41 — 522 Total loans $ 275,728 $ 44,104 $ 130,398 $ 26,580 $ 35,288 $ 7,687 $ 13,623 $ — $ 533,408 General reserves (1) 269,932 43,557 129,058 26,414 34,522 7,549 13,240 — 524,272 Specific reserves (2) 5,796 547 1,340 166 766 138 383 — 9,136 (1) Loans collectively evaluated for general reserves. (2) Loans individually evaluated for specific reserves. At or For the Three Months Ended December 31, 2014 One-to- four family Multi-family Commercial real estate Construction and land Home equity Other consumer Commercial business Unallocated Total ALLL: (In thousands) Beginning balance $ 3,746 $ 417 $ 1,270 $ 431 $ 1,151 $ 338 $ 206 $ 424 $ 7,983 Provision for loan losses (348 ) (23 ) 103 (23 ) (54 ) (15 ) (21 ) 381 — Charge-offs (103 ) — — (4 ) (195 ) (39 ) — — (341 ) Recoveries 5 — — 1 8 7 3 — 24 Ending balance $ 3,300 $ 394 $ 1,373 $ 405 $ 910 $ 291 $ 188 $ 805 $ 7,666 At or For the Six Months Ended December 31, 2014 One-to- four family Multi-family Commercial real estate Construction and land Home equity Other consumer Commercial business Unallocated Total ALLL: (In thousands) Beginning balance $ 3,408 $ 475 $ 1,491 $ 397 $ 1,289 $ 389 $ 388 $ 235 $ 8,072 Provision for loan losses 3 (81 ) (118 ) 56 (203 ) (24 ) (203 ) 570 — Charge-offs (122 ) — — (49 ) (195 ) (95 ) — — (461 ) Recoveries 11 — — 1 19 21 3 — 55 Ending balance $ 3,300 $ 394 $ 1,373 $ 405 $ 910 $ 291 $ 188 $ 805 $ 7,666 At June 30, 2015 One-to- four family Multi-family Commercial real estate Construction and land Home equity Other consumer Commercial business Unallocated Total (In thousands) Total ALLL $ 3,143 $ 251 $ 998 $ 336 $ 1,052 $ 321 $ 251 $ 759 $ 7,111 General reserve 2,982 251 923 318 998 244 207 759 6,682 Specific reserve 161 — 75 18 54 77 44 — 429 Total loans $ 256,696 $ 33,086 $ 125,623 $ 19,127 $ 36,387 $ 8,198 $ 14,764 $ — $ 493,881 General reserves (1) 249,290 32,456 124,260 18,968 35,752 8,034 14,361 — 483,121 Specific reserves (2) 7,406 630 1,363 159 635 164 403 — 10,760 (1) Loans collectively evaluated for general reserves. (2) Loans individually evaluated for specific reserves. Impaired loans. A loan is considered impaired when First Federal has determined that it may be unable to collect payments of principal or interest when due under the contractual terms of the loan. In the process of identifying loans as impaired, management takes into consideration factors that include payment history and status, collateral value, financial condition of the borrower, and the probability of collecting scheduled payments in the future. Minor payment delays and insignificant payment shortfalls typically do not result in a loan being classified as impaired. The significance of payment delays and shortfalls is considered by management on a case-by-case basis after taking into consideration the totality of circumstances surrounding the loans and the borrowers, including payment history and amounts of any payment shortfall, length and reason for delay, and likelihood of return to stable performance. Impairment is measured on a loan-by-loan basis for all loans in the portfolio except smaller balance homogeneous loans and certain qualifying troubled debt restructuring ("TDR") loans. The following table presents a summary of loans individually evaluated for impairment by portfolio segment at the dates indicated: December 31, 2015 June 30, 2015 Recorded Investment Unpaid Principal Balance Related Allowance Recorded Investment Unpaid Principal Balance Related Allowance (In thousands) With no allowance recorded: One-to-four family $ 1,667 $ 2,222 $ — $ 3,502 $ 4,162 $ — Multi-family 423 423 — 503 503 — Commercial real estate 349 412 — 355 416 — Construction and land 16 47 — 17 48 — Home equity 163 300 — 209 322 — Other consumer — 33 — — 10 — Commercial business 77 77 — — 180 — Total 2,695 3,514 — 4,586 5,641 — With an allowance recorded: One-to-four family 4,129 4,306 240 3,904 4,157 161 Multi-family 124 124 — 127 126 — Commercial real estate 991 991 71 1,008 1,008 75 Construction and land 150 174 21 142 166 18 Home equity 603 665 83 426 441 54 Other consumer 138 158 66 164 181 77 Commercial business 306 306 41 403 403 44 Total 6,441 6,724 522 6,174 6,482 429 Total impaired loans: One-to-four family 5,796 6,528 240 7,406 8,319 161 Multi-family 547 547 — 630 629 — Commercial real estate 1,340 1,403 71 1,363 1,424 75 Construction and land 166 221 21 159 214 18 Home equity 766 965 83 635 763 54 Other consumer 138 191 66 164 191 77 Commercial business 383 383 41 403 583 44 Total $ 9,136 $ 10,238 $ 522 $ 10,760 $ 12,123 $ 429 The following tables present the average recorded investment in loans individually evaluated for impairment and the related interest income recognized for the periods shown: Three Months Ended Six Months Ended December 31, 2015 December 31, 2015 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (In thousands) With no allowance recorded: One-to-four family $ 2,176 $ 45 $ 2,590 $ 45 Multi-family 448 3 391 7 Commercial real estate 350 5 352 11 Construction and land 16 1 16 2 Home equity 177 6 230 6 Other consumer — 1 5 1 Commercial business loans 26 2 13 3 Total 3,193 63 3,597 75 With an allowance recorded: One-to-four family 3,632 68 3,515 104 Multi-family 125 2 209 3 Commercial real estate 994 13 998 24 Construction and land 153 7 151 8 Home equity 515 10 442 17 Other consumer 160 4 163 6 Commercial business 368 4 385 8 Total 5,947 108 5,863 170 Total impaired loans: One-to-four family 5,808 113 6,105 149 Multi-family 573 5 600 10 Commercial real estate 1,344 18 1,350 35 Construction and land 169 8 167 10 Home equity 692 16 672 23 Other consumer 160 5 168 7 Commercial business 394 6 398 11 Total $ 9,140 $ 171 $ 9,460 $ 245 Interest income recognized on a cash basis on impaired loans for the three and six months ended December 31, 2015 , was $112,000 and $188,000 , respectively. The following tables present the average recorded investment in loans individually evaluated for impairment and the related interest income recognized for the periods shown: Three Months Ended Six Months Ended December 31, 2014 December 31, 2014 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (In thousands) With no allowance recorded: One-to-four family $ 3,893 $ 83 $ 3,959 $ 109 Multi-family 564 5 580 9 Commercial real estate 2,098 13 2,004 38 Construction and land 310 15 311 16 Home equity 196 3 258 5 Other consumer — — — 1 Total 7,061 119 7,112 178 With an allowance recorded: One-to-four family 3,304 70 3,321 105 Multi-family 129 2 129 3 Commercial real estate 1,251 12 1,944 25 Construction and land 162 10 160 11 Home equity 646 11 653 19 Other consumer 76 3 64 2 Commercial business 422 6 423 12 Total 5,990 114 6,694 177 Total impaired loans: One-to-four family 7,197 153 7,280 214 Multi-family 693 7 709 12 Commercial real estate 3,349 25 3,948 63 Construction and land 472 25 471 27 Home equity 842 14 911 24 Other consumer 76 3 64 3 Commercial business 422 6 423 12 Total $ 13,051 $ 233 $ 13,806 $ 355 Interest income recognized on a cash basis on impaired loans for the three and six months ended December 31, 2014 , was $112,000 , and $235,000 , respectively. The following table presents the recorded investment in nonaccrual loans by class of loan at the dates indicated: December 31, 2015 June 30, 2015 (In thousands) One-to-four family $ 1,670 $ 4,232 Commercial real estate 139 147 Construction and land 166 159 Home equity 140 181 Other consumer 139 164 Total nonaccrual loans $ 2,254 $ 4,883 Past due loans. Loans are considered past due if the required principal and interest payments have not been received as of the date such payments were due. There were no loans past due 90 days or more and still accruing interest at December 31, 2015 and June 30, 2015 . The following table presents past due loans, net of partial loan charge-offs, by class, as of December 31, 2015 : 30-59 Past Due 60-89 Past Due 90 Days Past Due Total Past Due Current Total Loans (In thousands) Real Estate: One-to-four family $ 1,355 $ 613 $ 455 $ 2,423 $ 273,305 $ 275,728 Multi-family — — — — 44,104 44,104 Commercial real estate — — — — 130,398 130,398 Construction and land 99 36 141 276 26,304 26,580 Total real estate loans 1,454 649 596 2,699 474,111 476,810 Consumer: Home equity 419 — 94 513 34,775 35,288 Other consumer 169 4 22 195 7,492 7,687 Total consumer loans 588 4 116 708 42,267 42,975 Commercial business loans — — — — 13,623 13,623 Total loans $ 2,042 $ 653 $ 712 $ 3,407 $ 530,001 $ 533,408 The following table presents past due loans, net of partial loan charge-offs, by class, as of June 30, 2015 : 30-59 Past Due 60-89 Past Due 90 Days Past Due Total Past Due Current Total Loans (In thousands) Real Estate: One-to-four family $ — $ 1,230 $ 704 $ 1,934 $ 254,762 $ 256,696 Multi-family — — — — 33,086 33,086 Commercial real estate — — — — 125,623 125,623 Construction and land — 114 23 137 18,990 19,127 Total real estate loans — 1,344 727 2,071 432,461 434,532 Consumer: Home equity 81 15 98 194 36,193 36,387 Other consumer 58 89 10 157 8,041 8,198 Total consumer loans 139 104 108 351 44,234 44,585 Commercial business loans — — — — 14,764 14,764 Total loans $ 139 $ 1,448 $ 835 $ 2,422 $ 491,459 $ 493,881 Credit quality indicator. Federal regulations provide for the classification of lower quality loans and other assets, such as debt and equity securities, as substandard, doubtful, or loss; risk ratings 6, 7, and 8 in our 8-point risk rating system, respectively. An asset is considered substandard if it is inadequately protected by the current net worth and pay capacity of the borrower or of any collateral pledged. Substandard assets include those characterized by the distinct possibility that First Federal will sustain some loss if the deficiencies are not corrected. Assets classified as doubtful have all the weaknesses inherent in those classified substandard with the added characteristic that the weaknesses present make collection or liquidation in full highly questionable and improbable, on the basis of currently existing facts, conditions, and values. Assets classified as loss are those considered uncollectible and of such little value that their continuance as assets without the establishment of a specific loss reserve is not warranted. When First Federal classifies problem assets as either substandard or doubtful, it may establish a specific allowance to address the risk specifically or First Federal may allow the loss to be addressed in the general allowance. General allowances represent loss allowances that have been established to recognize the inherent risk associated with lending activities but that, unlike specific allowances, have not been specifically allocated to particular problem assets. When an insured institution classifies problem assets as a loss, it is required to charge off such assets in the period in which they are deemed uncollectible. Assets that do not currently expose First Federal to sufficient risk to warrant classification as substandard or doubtful but possess identified weaknesses are designated as either watch or special mention assets; risk ratings 4 and 5 in our risk rating system, respectively. At December 31, 2015 and June 30, 2015 , First Federal had $5.8 million and $9.9 million , respectively, of loans classified as substandard and no loans classified as doubtful or loss. Loans not otherwise classified are considered pass graded loans and are rated 1-3 in our risk rating system. Additionally, First Federal categorizes loans as performing or nonperforming based on payment activity. Loans that are more than 90 days past due and nonaccrual loans are considered nonperforming. The following table represents the internally assigned grade as of December 31, 2015 , by class of loans: Pass Watch Special Mention Sub- Standard Total (In thousands) Real Estate: One-to-four family $ 268,154 $ 3,240 $ 1,578 $ 2,756 $ 275,728 Multi-family 37,453 6,104 — 547 44,104 Commercial real estate 119,249 9,508 667 974 130,398 Construction and land 26,087 187 65 241 26,580 Total real estate loans 450,943 19,039 2,310 4,518 476,810 Consumer: Home equity 33,262 1,209 164 653 35,288 Other consumer 7,222 254 40 171 7,687 Total consumer loans 40,484 1,463 204 824 42,975 Commercial business loans 8,083 5,117 — 423 13,623 Total loans $ 499,510 $ 25,619 $ 2,514 $ 5,765 $ 533,408 The following table represents the internally assigned grade as of June 30, 2015 , by class of loans: Pass Watch Special Mention Sub- Standard Total (In thousands) Real Estate: One-to-four family $ 247,491 $ 2,458 $ 794 $ 5,953 $ 256,696 Multi-family 22,907 9,550 — 629 33,086 Commercial real estate 106,072 12,960 5,134 1,457 125,623 Construction and land 18,426 351 113 237 19,127 Total real estate loans 394,896 25,319 6,041 8,276 434,532 Consumer: Home equity 34,969 501 86 831 36,387 Other consumer 7,622 213 77 286 8,198 Total consumer loans 42,591 714 163 1,117 44,585 Commercial business loans 8,449 5,795 62 458 14,764 Total loans $ 445,936 $ 31,828 $ 6,266 $ 9,851 $ 493,881 The following table represents the credit risk profile based on payment activity as of December 31, 2015 , by class of loans: Nonperforming Performing Total (In thousands) Real Estate: One-to-four family $ 1,670 $ 274,058 $ 275,728 Multi-family — 44,104 44,104 Commercial real estate 139 130,259 130,398 Construction and land 166 26,414 26,580 Consumer: Home equity 140 35,148 35,288 Other consumer 139 7,548 7,687 Commercial business loans — 13,623 13,623 Total loans $ 2,254 $ 531,154 $ 533,408 The following table represents the credit risk profile based on payment activity as of June 30, 2015 , by class of loans: Nonperforming Performing Total (In thousands) Real Estate: One-to-four family $ 4,232 $ 252,464 $ 256,696 Multi-family — 33,086 33,086 Commercial real estate 147 125,476 125,623 Construction and land 159 18,968 19,127 Consumer: Home equity 181 36,206 36,387 Other consumer 164 8,034 8,198 Commercial business loans — 14,764 14,764 Total loans $ 4,883 $ 488,998 $ 493,881 Troubled debt restructuring. A TDR is a loan to a borrower who is experiencing financial difficulty that has been modified from its original terms and conditions in such a way that First Federal is granting the borrower a concession of some kind. First Federal has granted a variety of concessions to borrowers in the form of loan modifications. The modifications granted can generally be described in the following categories: Rate modification - A modification in which the interest rate is changed. Term modification - A modification in which the maturity date, timing of payments, or frequency of payments is changed. Payment modification - A modification in which the dollar amount of the payment is changed. Interest-only modifications in which a loan is converted to interest-only payments for a period of time are included in this category. Combination modification - Any other type of modification, including the use of multiple categories above. Upon identifying a receivable as a TDR loan, First Federal classifies the loan as impaired for purposes of determining the allowance for loan losses. This requires the loan to be evaluated individually for impairment, generally based on the expected cash flows under the new terms discounted at the loan’s original effective interest rates. For TDR loans that subsequently default, the method of determining impairment is generally the fair value of the collateral less estimated selling costs. TDR loans may be upgraded in their classification and placed on accrual status once there is a sustained period of repayment performance, usually six months or longer, and there is a reasonable assurance that repayment will continue. First Federal allows reclassification of a troubled debt restructuring back into the general loan pool (as a non-troubled debt restructuring) if the borrower is able to refinance the loan at then-current market rates and meet all of the underwriting criteria of First Federal required of other borrowers. The refinance must be based on the borrower’s ability to repay the debt and no special concessions of rate and/or term are granted to the borrower. The following is a summary of information pertaining to TDR loans included in impaired loans at the dates indicated: December 31, June 30, 2015 2015 (In thousands) Total TDR loans $ 7,430 $ 7,746 Allowance for loan losses related to TDR loans 362 272 Total nonaccrual TDR loans 897 5,676 There were no new TDR loans, or renewals or modifications of existing TDR loans during the three and six months ended December 31, 2015 and 2014 . The following is a summary of TDR loans which incurred a payment default within 12 months of the restructure date during the three and six months ended December 31, 2015 . Number of Contracts Rate Modification Term Modification Combination Total Modifications (Dollars in thousands) TDR loans that subsequently defaulted One- to four-family 2 $ — $ — $ 379 $ 379 There were no TDR loans which incurred a payment default within 12 months of the restructure date during the three and six months ended December 31, 2014 . No additional funds are committed to be advanced in connection with impaired loans at December 31, 2015 . The following table presents TDR loans by class at the dates indicated by accrual and nonaccrual status. December 31, 2015 June 30, 2015 Accrual Nonaccrual Total Accrual Nonaccrual Total (In thousands) One-to-four family $ 3,897 $ 758 $ 4,655 $ 1,844 $ 3,079 $ 4,923 Multi-family 547 — 547 — 629 629 Commercial real estate 1,200 139 1,339 147 1,216 1,363 Construction and land — — — — — — Home equity 506 — 506 79 349 428 Other consumer — — — — — — Commercial business loans 383 — 383 — 403 403 Total TDR loans $ 6,533 $ 897 $ 7,430 $ 2,070 $ 5,676 $ 7,746

Deposits

Deposits	6 Months Ended
	Dec. 31, 2015
Banking and Thrift [Abstract]
Deposits	Deposits The aggregate amount of time deposits in excess of the Federal Deposit Insurance Corporation ("FDIC") insured limit, currently $250,000, at December 31, 2015 and June 30, 2015 , was $37.4 million and $36.3 million , respectively. Deposits and weighted-average interest rates at the dates indicated are as follows: Weighted-Average Interest Rate December 31, 2015 Weighted-Average Interest Rate June 30, 2015 (In thousands) Savings 0.04 % $ 89,654 0.04 % $ 88,129 Transaction accounts 0.01 % 207,645 0.01 % 183,890 Money market accounts 0.22 % 241,492 0.17 % 227,217 Certificates of deposit and jumbo certificates 0.99 % 146,302 0.94 % 147,928 $ 685,093 $ 647,164 Weighted-average interest rate 0.30 % 0.28 % Maturities of certificates at the dates indicated are as follows: December 31, 2015 June 30, 2015 (In thousands) Within one year or less $ 75,533 $ 71,474 After one year through two years 28,022 33,336 After two years through three years 18,501 19,225 After three years through four years 14,174 14,504 After four years through five years 9,894 9,183 After five years 178 206 $ 146,302 $ 147,928 Deposits at December 31, 2015 and June 30, 2015 , include $44.5 million and $44.2 million , respectively, in public fund deposits. Investment securities with a carrying value of $53.9 million and $42.7 million were pledged as collateral for these deposits at December 31, 2015 and June 30, 2015 , respectively. This exceeds the minimum collateral requirements established by the Washington Public Deposit Protection Commission. Interest on deposits by type for the periods shown was as follows: Three Months Ended Six Months Ended December 31, December 31, 2015 2014 2015 2014 (In thousands) Savings $ 10 $ 10 $ 19 $ 19 Transaction accounts 4 2 7 5 Insured money market accounts 145 97 286 191 Certificates of deposit and jumbo certificates 351 273 699 538 $ 510 $ 382 $ 1,011 $ 753

Federal Taxes on Income

Federal Taxes on Income	6 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Federal Taxes on Income	Federal Taxes on Income As a result of the bad debt deductions taken in years prior to 1988, retained earnings include accumulated earnings of approximately $6.4 million , on which federal income taxes have not been provided. If, in the future, this portion of retained earnings is used for any purpose other than to absorb losses on loans or on property acquired through foreclosure, federal income taxes may be imposed at the then-prevailing corporate tax rates. The Company does not contemplate that such amounts will be used for any purpose that would create a federal income tax liability; therefore, no provision has been made. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. These calculations are based on many complex factors including estimates of the timing of reversals of temporary differences, the interpretation of federal income tax laws, and a determination of the differences between the tax and the financial reporting basis of assets and liabilities. Actual results could differ significantly from the estimates and interpretations used in determining the current and deferred income tax assets and liabilities. Under current Federal income tax regulations, charitable contribution deductions are limited to 10% of taxable income. The Company currently has a deferred tax asset of $3.3 million and related valuation allowance of $1.9 million for financial statement reporting purposes related to its contribution to the Foundation. The contribution carryforward and related valuation allowance will expire in 2020. A valuation allowance is provided when it is more likely than not that some portion or all of the deferred tax assets will not be realized. The Company evaluates whether its deferred tax assets will be realized and adjusts the amount of its valuation allowance, if necessary. The valuation allowance was $1.9 million at both December 31, 2015 and June 30, 2015 . The total net deferred tax asset was $1.4 million and $188,000 at December 31, 2015 and June 30, 2015 , respectively. The Company applies the provisions of FASB ASC 740 that require the application of a more-likely-than-not recognition criterion for the reporting of uncertain tax positions on its financial statements. The Company had no unrecognized tax assets at December 31, 2015 and June 30, 2015 . During the six months ended December 31, 2015 and the year ended June 30, 2015 , the Company recognized no interest and penalties. The Company recognizes interest and penalties in income tax expense. The Company files income tax returns in the U.S. federal jurisdiction and is no longer subject to U.S. federal income tax examinations by tax authorities for years ending before June 30, 2012 .

Earnings per Share

Earnings per Share	6 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Earnings per Share	Earnings per Share Basic earnings per share is computed by dividing income available to common stockholders by the weighted average number of common shares outstanding for the period. Diluted earnings per share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the entity. Basic and diluted earnings per share are the same amount at December 31, 2015 as the Company does not have any additional potential dilutive common shares. The following table presents a reconciliation of the components used to compute basic and diluted earnings per share for the three and six months ended December 31, 2015 and 2014 . Three Months Ended Six Months Ended December 31, December 31, 2015 2014 2015 2014 Numerator: Net income $ 713 $ 882 $ 1,941 $ 1,731 Denominator: Denominator for basic and diluted earnings per share - weighted average common shares outstanding 12,094,515 na(1) 12,094,515 na(1) Basic and diluted earnings per share $ 0.06 $ 0.16 (1) Earnings per share and share calculations are not applicable (na) as the Company completed its stock offering and became a public company on January 29, 2015. As of December 31, 2015 , the ESOP had purchased 1,048,029 shares in the open market. Unallocated shares are not included as outstanding for either basic or diluted earnings per share calculations. As of December 31, 2015 , there were 1,005,845 shares in the ESOP that remain unallocated.

Employee Benefits

Employee Benefits	6 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Employee Benefits	Employee Benefits Employee Stock Ownership Plan In connection with the Conversion, the Company established an ESOP for eligible employees of the Company and the Bank. Employees of the Company and the Bank who have been credited with at least 1,000 hours of service during a 12 -month period are eligible to participate in the ESOP. Pursuant to the Plan, the ESOP purchased in the open market 8% of the common stock issued in the Conversion for a total of 1,048,029 shares at an average price of $ 12.45 per share with funds borrowed from the Company. It is anticipated that the Bank will make contributions to the ESOP in amounts necessary to amortize the ESOP loan payable to the Company over a period of 20 years. At December 31, 2015 , the weighted average interest rate paid on the ESOP loan payable was 2.46% per annum. Shares purchased by the ESOP with the loan proceeds are held in a suspense account and allocated to ESOP participants on a pro rata basis as principal and interest payments are made annually by the ESOP to the Company. The loan is secured by shares purchased with the loan proceeds and will be repaid by the ESOP with funds from the Bank's discretionary contributions to the ESOP and earnings on the ESOP assets. Payments of principal and interest are due annually on June 30 . No payment of principal or interest was made during the six months ended December 31, 2015 . As shares are committed to be released from collateral, the Company reports compensation expense equal to the average daily market prices of the shares and the shares become outstanding for EPS computations. The compensation expense is accrued monthly throughout the year. Dividends on allocated ESOP shares are recorded as a reduction of retained earnings; dividends on unallocated ESOP shares are recorded as a reduction of debt and accrued interest. Compensation expense related to the ESOP was $159,000 and $307,000 for the three and six months ended December 31, 2015 , respectively. Shares held by the ESOP as of the dates indicated are as follows: December 31, 2015 June 30, 2015 (Dollars in thousands) Allocated shares 17,509 17,509 Committed to be released shares 24,675 — Unallocated shares 1,005,845 935,290 Total ESOP shares 1,048,029 952,799 Fair value of unallocated shares $ 14,233 $ 11,532

Fair Value Accounting and Measu

Fair Value Accounting and Measurement	6 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Fair Value Accounting and Measurement	Fair Value Accounting and Measurement Fair value is the price to sell an asset or transfer a liability in an orderly transaction between market participants in the Company’s principal market. The Company has established and documented its process for determining the fair values of its assets and liabilities, where applicable. Fair value is based on quoted market prices, when available, for identical or similar assets or liabilities. In the absence of quoted market prices, management determines the fair value of the Company’s assets and liabilities using valuation models or third-party pricing services, both of which rely on market-based parameters when available, such as interest rate yield curves, option volatilities and credit spreads, or unobservable inputs. Unobservable inputs may be based on management’s judgment, assumptions, and estimates related to credit quality, liquidity, interest rates, and other relevant inputs. Any changes to valuation methodologies are reviewed by management to ensure they are relevant and justified. Valuation methodologies are refined as more market-based data becomes available. A three-level valuation hierarchy is used in determining fair value that is based on the transparency of the inputs used in the valuation process. The inputs used in determining fair value in each of the three levels of the hierarchy are as follows: Level 1 - Quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2 - Either: (i) quoted prices for similar assets or liabilities; (ii) observable inputs, such as interest rates or yield curves; or (iii) inputs derived principally from or corroborated by observable market data. Level 3 - Unobservable inputs. The hierarchy gives the highest ranking to Level 1 inputs and the lowest ranking to Level 3 inputs. The level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the overall fair value measurement. Qualitative disclosures of valuation techniques - Securities available for sale: where quoted prices are available in an active market, securities are classified as Level 1. Level 1 instruments include highly liquid government bonds, securities issued by the U.S. Treasury, and exchange-traded equity securities. If quoted prices are not available, management determines fair value using pricing models, quoted prices of similar securities, which are considered Level 2, or discounted cash flows. In certain cases, where there is limited activity in the market for a particular instrument, assumptions must be made to determine their fair value. Such instruments are classified as Level 3. Assets and liabilities measured at fair value on a recurring basis - Assets and liabilities are considered to be fair valued on a recurring basis if fair value is measured regularly (i.e., daily, weekly, monthly, or quarterly). The following tables show the Company’s assets measured at fair value on a recurring basis at the dates indicated: December 31, 2015 Quoted Prices in or Liabilities Significant Inputs Significant Inputs (Level 1) (Level 2) (Level 3) Total (In thousands) Securities available-for-sale Municipal bonds $ — $ 26,475 $ — $ 26,475 Agency bonds — 23,351 — 23,351 ABS agency — 8,418 — 8,418 ABS corporate — 29,307 — 29,307 SBA — 9,828 — 9,828 MBS agency — 159,466 — 159,466 MBS corporate — 48,286 — 48,286 $ — $ 305,131 $ — $ 305,131 June 30, 2015 Quoted Prices in Significant Significant (Level 1) (Level 2) (Level 3) Total (In thousands) Securities available-for-sale Municipal bonds $ — $ 17,274 $ — $ 17,274 Agency bonds — 23,774 — 23,774 ABS agency — 9,201 — 9,201 ABS corporate — 29,634 — 29,634 SBA — 34,328 — 34,328 MBS agency — 176,877 — 176,877 MBS corporate — 7,952 — 7,952 $ — $ 299,040 $ — $ 299,040 Assets and liabilities measured at fair value on a nonrecurring basis - Assets are considered to be fair valued on a nonrecurring basis if the fair value measurement of the instrument does not necessarily result in a change in the amount recorded on the consolidated balance sheets. Generally, nonrecurring valuation is the result of the application of other accounting pronouncements that require assets or liabilities to be assessed for impairment or recorded at the lower of cost or fair value. The following tables present the Company’s assets measured at fair value on a nonrecurring basis at the dates indicated: December 31, 2015 Level 1 Level 2 Level 3 Total (In thousands) Impaired loans $ — $ — $ 9,136 $ 9,136 Real estate owned and repossessed assets — — 158 158 $ — $ — $ 9,294 $ 9,294 June 30, 2015 Level 1 Level 2 Level 3 Total (In thousands) Impaired loans $ — $ — $ 10,760 $ 10,760 Real estate owned and repossessed assets — — 1,914 1,914 $ — $ — $ 12,674 $ 12,674 The following tables present the techniques used to value assets measured at fair value on a nonrecurring basis at the dates indicated: December 31, 2015 Fair Value Valuation Technique Unobservable Input Range (Weighted-Average) 1 (In thousands) Impaired loans $ 9,136 Market comparable Discount to appraisal 0% - 25% (2%) Real estate owned and repossessed assets 158 Market comparable Discount to appraisal 0% - 10% (9%) 1 Discount to appraisal disposition value. June 30, 2015 Fair Value Valuation Technique Unobservable Input Range 1 (In thousands) Impaired loans $ 10,760 Market comparable Discount to appraisal 0% - 25% (2%) Real estate owned and repossessed assets 1,914 Market comparable Discount to appraisal 0% - 8% (1%) 1 Discount to appraisal disposition value. The following tables present the carrying value and estimated fair value of financial instruments at the dates indicated: December 31, 2015 Carrying Amount Estimated Fair Value Fair Value Measurements Using: Level 1 Level 2 Level 3 (In thousands) Financial assets Cash and cash equivalents $ 23,660 $ 23,660 $ 23,660 $ — $ — Investment securities available for sale 305,131 305,131 — 305,131 — Investment securities held to maturity 58,872 60,089 — 60,089 — Loans receivable, net 527,144 530,476 — — 530,476 FHLB stock 4,197 4,197 — 4,197 — Accrued interest receivable 2,868 2,868 — 2,868 — Mortgage servicing rights, net 1,055 1,652 — — 1,652 Financial liabilities Demand deposits $ 538,791 $ 538,791 $ 538,791 $ — $ — Time deposits 146,302 146,273 — 146,273 — Borrowings 75,154 78,716 — 78,716 — Accrued interest payable 210 210 — 210 — — June 30, 2015 Carrying Amount Estimated Fair Value Fair Value Measurements Using: Level 1 Level 2 Level 3 (In thousands) Financial assets Cash and cash equivalents $ 45,030 $ 45,030 $ 45,030 $ — $ — Investment securities available for sale 299,040 299,040 — 299,040 — Investment securities held to maturity 61,524 62,510 — 62,510 — Loans held for sale 110 110 — 110 — Loans receivable, net 487,887 493,270 — — 493,270 FHLB stock 4,807 4,807 — 4,807 — Accrued interest receivable 2,546 2,546 — 2,546 — Mortgage servicing rights, net 1,187 1,837 — — 1,837 Financial liabilities Demand deposits $ 499,236 $ 499,236 $ 499,236 $ — $ — Time deposits 147,928 148,436 — 148,436 — Borrowings 90,033 93,426 — 93,426 — Accrued interest payable 265 265 — 265 — Financial assets and liabilities other than investment securities are not traded in active markets. Estimated fair values require subjective judgments and are approximate. The estimates of fair value in the previous table are not necessarily representative of amounts that could be realized in actual market transactions, or of the underlying value of the Company. Fair value estimates, methods, and assumptions are set forth below for the Company's financial instruments: Financial instruments with book value equal to fair value - The fair value of financial instruments that are short-term or reprice frequently and that have little or no risk are considered to have a fair value equal to book value. These instruments include cash and due from banks, interest bearing deposits with banks, FHLB stock, accrued interest receivable, and accrued interest payable. FHLB stock is not publicly traded, however, it may be redeemed on a dollar-for-dollar basis, for any amount the Bank is not required to hold, subject to the FHLB's discretion. The fair value is therefore equal to the book value. Securities - Fair values for investment securities are primarily measured using information from a third-party pricing service. The pricing service uses evaluated pricing models based on market data. In the event that limited or less transparent information is provided by the third-party pricing service, fair value is estimated using secondary pricing services or non-binding third-party broker quotes. Loans held for sale - The fair value of loans held for sale is based on quoted market prices from Federal Home Loan Mortgage Corporation ("Freddie Mac"), which are updated daily and represent prices at which loans are exchanged in high volumes and in a liquid market. Loans receivable, net - Fair values are estimated for portfolios of loans with similar financial characteristics. Loans are segregated by type, including fixed and variable one- to four-family residential real estate, commercial, and consumer loans. There is an accurate and reliable secondary market for one- to four-family residential mortgage production, and available market benchmarks are used to establish discount factors for estimating fair value for these types of loans. Commercial and consumer loans use market benchmarks when available; however, due to the varied term structures and credit issues involved, they mainly rely on cash flow projections and repricing characteristics within the loan portfolio. These amounts are discounted further by embedded probable losses expected to be realized in the portfolio. Valuations of impaired loans, real estate owned and repossessed assets are periodically performed by management, and the fair values of these loans are carried at the fair value of the underlying collateral less estimated costs to sell. Fair value of the underlying collateral may be determined using an appraisal performed by a qualified independent appraiser. Mortgage servicing rights - The estimated fair value of mortgage servicing rights 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. Deposits - The fair value of deposits with no stated maturity, such as non-interest bearing deposits, savings and interest checking accounts, and money market accounts, is equal to the amount payable on demand as of December 31, 2015 and June 30, 2015 . The fair value of certificates of deposit is based on the discounted value of contractual cash flows. The discount rate is estimated using the rates currently offered for deposits of similar remaining maturities. Borrowings - The fair value of FHLB advances and other borrowings are calculated using a discounted cash flow method, adjusted for market interest rates and terms to maturity. Off-balance-sheet financial instruments - Commitments to extend credit represent all off-balance-sheet financial instruments. The fair value of these commitments is not significant.

Basis of Presentation and Cri18

Basis of Presentation and Critical Accounting Policies - (Policies)	6 Months Ended
	Dec. 31, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of presentation	Basis of presentation - The accompanying unaudited interim consolidated financial statements have been prepared pursuant to the rules and regulations of the U.S. Securities and Exchange Commission (SEC). Accordingly, they do not include all of the information and footnotes required by U.S. Generally Accepted Accounting Principles (GAAP) for complete financial statements. These unaudited interim consolidated financial statements should be read in conjunction with our audited consolidated financial statements and accompanying notes included in the Company's Annual Report on Form 10-K for the fiscal year ended June 30, 2015 . In our opinion, all adjustments (consisting only of normal recurring adjustments) considered necessary for a fair presentation of the consolidated financial statements in accordance with GAAP have been included. Operating results for the three and six months ended December 31, 2015 , are not necessarily indicative of the results that may be expected for the year ended June 30, 2016 . In preparing the unaudited interim consolidated financial statements, we are required to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, and expenses. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to a determination of the allowance for loan losses (ALLL), mortgage servicing rights, fair value of financial instruments, deferred tax assets and liabilities, and the valuation of impaired loans and real estate owned and repossessed assets. The Company completed its stock offering and became a public company on January 29, 2015 , and therefore earnings per share and share calculations prior to that date are not meaningful. The Conversion was accounted for as a change in corporate form with the historic basis of the Bank's assets, liabilities, and equity unchanged as a result.
Principles of consolidation	Principles of consolidation - The accompanying consolidated financial statements include the accounts of First Northwest Bancorp; its wholly owned subsidiary, First Federal; and First Federal's wholly owned subsidiary, North Olympic Peninsula Services, Inc. ("NOPS"), and majority-owned Craft3 Development IV, LLC ("Craft3"). NOPS owns a building currently rented in whole to First Federal. Craft3 is a partnership investment formed to provide a loan qualifying under the New Markets Tax Credit ("NMTC") rules. The Craft3 partnership was a seven year commitment, commensurate with the NMTC period, which expired June 6, 2015. First Federal subsequently entered a membership redemption and assignment agreement which terminated its membership interest in the Craft3 partnership effective September 30, 2015. All material intercompany accounts and transactions have been eliminated in consolidation.
Subsequent Events	Subsequent Events - The Company has evaluated subsequent events for potential recognition and disclosure and determined there are no such events or transactions requiring recognition or disclosure.
Recently issued accounting pronouncements	Recently issued accounting pronouncements - In September 2015, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2015-16, Business Combinations (Topic 805): Simplifying the Accounting for Measurement-Period Adjustments . The ASU simplifies accounting for business combinations by not requiring retrospective adjustments of estimated amounts. Instead, the effect on earnings by line item as a result of changes in provisional amounts will be separately disclosed in the period for which the accounting of the combination is complete. The amendments in this ASU are effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2015. The adoption of ASU No. 2015-16 is not expected to have a material impact on the Company's consolidated financial statements. In November 2015, the FASB issued ASU No. 2015-17, Income Taxes (Topic 740): Balance Sheet Classification of Deferred Taxes . The ASU simplifies accounting for deferred taxes by requiring that all deferred tax assets or liabilities be classified as noncurrent. This replaces the prior guidance which required deferred taxes to be separated into current and noncurrent amounts. The amendments in this ASU are effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2016. The adoption of ASU No. 2015-17 is not expected to have a material impact on the Company's consolidated financial statements. In January 2016, the FASB issued ASU No. 2016-01, Financial Instruments--Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities . The main provisions of this ASU address the valuation and impairment of equity securities along with enhanced disclosures about those investments. Equity securities with readily determinable fair values will be treated in the same manner as other financial instruments. The amendments in this ASU are effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2017. The adoption of ASU No. 2016-01 is not expected to have a material impact on the Company's consolidated financial statements.
Reclassifications	Reclassifications - Certain amounts in the unaudited interim consolidated financial statements for prior periods have been reclassified to conform to the current unaudited financial statement presentation with no effect on net income or stockholders' equity.

Securities - (Tables)

Securities - (Tables)	6 Months Ended
	Dec. 31, 2015
Investments, Debt and Equity Securities [Abstract]
Schedule of amortized costs and fair values of securities available-for-sale	The amortized cost, gross unrealized gains and losses, and estimated fair value of securities classified as available-for-sale and held-to-maturity at December 31, 2015 , are summarized as follows: December 31, 2015 Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value (In thousands) Available for Sale Municipal bonds $ 25,980 $ 627 $ (132 ) $ 26,475 U.S. Treasury and government agency issued bonds (Agency bonds) 23,446 91 (186 ) 23,351 U.S. government agency issued asset-backed securities (ABS agency) 9,180 — (762 ) 8,418 Corporate issued asset-backed securities (ABS corporate) 29,672 — (365 ) 29,307 U.S. Small Business Administration securities (SBA) 9,880 — (52 ) 9,828 Mortgage-backed securities: U.S. government agency issued mortgage-backed securities (MBS agency) 160,313 353 (1,200 ) 159,466 Corporate issued mortgage-backed securities (MBS corporate) 49,059 — (773 ) 48,286 Total securities available for sale $ 307,530 $ 1,071 $ (3,470 ) $ 305,131 Held to Maturity Municipal bonds $ 14,574 $ 462 $ — $ 15,036 SBA 1,100 1 — 1,101 Mortgage-backed securities: MBS agency 43,198 935 (181 ) 43,952 Total securities held to maturity $ 58,872 $ 1,398 $ (181 ) $ 60,089 The amortized cost, gross unrealized gains and losses, and estimated fair value of securities classified as available-for-sale and held-to-maturity at June 30, 2015 , are summarized as follows: June 30, 2015 Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value (In thousands) Available for Sale Municipal bonds $ 17,387 $ 122 $ (235 ) $ 17,274 Agency bonds 23,948 10 (184 ) 23,774 ABS agency 9,647 — (446 ) 9,201 ABS corporate 29,634 — — 29,634 SBA 33,955 519 (146 ) 34,328 Mortgage-backed securities: MBS agency 175,239 2,241 (603 ) 176,877 MBS corporate 8,147 — (195 ) 7,952 Total securities available for sale $ 297,957 $ 2,892 $ (1,809 ) $ 299,040 Held to Maturity Municipal bonds $ 15,149 $ 424 $ (20 ) $ 15,553 SBA 875 3 (1 ) 877 Mortgage-backed securities: MBS agency 45,500 889 (309 ) 46,080 Total securities held to maturity $ 61,524 $ 1,316 $ (330 ) $ 62,510
Schedule of available-for-sale securities in a continuous unrealized loss position	The following shows the unrealized gross losses and fair value of the investment portfolio by length of time that individual securities in each category have been in a continuous loss position as of December 31, 2015 : Less Than Twelve Months Twelve Months or Longer Total Gross Losses Fair Value Gross Losses Fair Value Gross Losses Fair Value (In thousands) Available for Sale Municipal bonds $ (132 ) $ 2,095 $ — $ — $ (132 ) $ 2,095 Agency bonds (186 ) 14,445 — — (186 ) 14,445 ABS agency — — (762 ) 8,418 (762 ) 8,418 ABS corporate (365 ) 29,307 — — (365 ) 29,307 SBA (52 ) 9,623 — — (52 ) 9,623 Mortgage-backed securities: MBS agency (1,020 ) 113,733 (180 ) 12,030 (1,200 ) 125,763 MBS corporate (773 ) 48,287 — — (773 ) 48,287 Total available for sale $ (2,528 ) $ 217,490 $ (942 ) $ 20,448 $ (3,470 ) $ 237,938 Held to Maturity SBA $ — $ 316 $ — $ — $ — $ 316 Mortgage-backed securities: MBS agency (115 ) 14,791 (66 ) 5,496 (181 ) 20,287 Total held to maturity $ (115 ) $ 15,107 $ (66 ) $ 5,496 $ (181 ) $ 20,603 The following shows the unrealized gross losses and fair value of the investment portfolio by length of time that individual securities in each category have been in a continuous loss position as of June 30, 2015 : Less Than Twelve Months Twelve Months or Longer Total Gross Losses Fair Value Gross Losses Fair Value Gross Losses Fair Value (In thousands) Available for Sale Municipal bonds $ (204 ) $ 9,809 $ (31 ) $ 3,801 $ (235 ) $ 13,610 Agency bonds (184 ) 20,792 — — (184 ) 20,792 ABS agency — — (446 ) 9,201 (446 ) 9,201 SBA (140 ) 11,823 (6 ) 4,122 (146 ) 15,945 Mortgage-backed securities: MBS agency (459 ) 63,631 (144 ) 11,091 (603 ) 74,722 MBS corporate (195 ) 4,164 — — (195 ) 4,164 Total available for sale $ (1,182 ) $ 110,219 $ (627 ) $ 28,215 $ (1,809 ) $ 138,434 Held to Maturity Municipal bonds $ — $ — $ (20 ) $ 1,298 $ (20 ) $ 1,298 SBA — — (1 ) 244 (1 ) 244 Mortgage-backed securities: MBS agency (272 ) 14,628 (37 ) 3,059 (309 ) 17,687 Total held to maturity $ (272 ) $ 14,628 $ (58 ) $ 4,601 $ (330 ) $ 19,229
Schedule of held-to-maturity securities in a continuous unrealized loss position	The following shows the unrealized gross losses and fair value of the investment portfolio by length of time that individual securities in each category have been in a continuous loss position as of December 31, 2015 : Less Than Twelve Months Twelve Months or Longer Total Gross Losses Fair Value Gross Losses Fair Value Gross Losses Fair Value (In thousands) Available for Sale Municipal bonds $ (132 ) $ 2,095 $ — $ — $ (132 ) $ 2,095 Agency bonds (186 ) 14,445 — — (186 ) 14,445 ABS agency — — (762 ) 8,418 (762 ) 8,418 ABS corporate (365 ) 29,307 — — (365 ) 29,307 SBA (52 ) 9,623 — — (52 ) 9,623 Mortgage-backed securities: MBS agency (1,020 ) 113,733 (180 ) 12,030 (1,200 ) 125,763 MBS corporate (773 ) 48,287 — — (773 ) 48,287 Total available for sale $ (2,528 ) $ 217,490 $ (942 ) $ 20,448 $ (3,470 ) $ 237,938 Held to Maturity SBA $ — $ 316 $ — $ — $ — $ 316 Mortgage-backed securities: MBS agency (115 ) 14,791 (66 ) 5,496 (181 ) 20,287 Total held to maturity $ (115 ) $ 15,107 $ (66 ) $ 5,496 $ (181 ) $ 20,603 The following shows the unrealized gross losses and fair value of the investment portfolio by length of time that individual securities in each category have been in a continuous loss position as of June 30, 2015 : Less Than Twelve Months Twelve Months or Longer Total Gross Losses Fair Value Gross Losses Fair Value Gross Losses Fair Value (In thousands) Available for Sale Municipal bonds $ (204 ) $ 9,809 $ (31 ) $ 3,801 $ (235 ) $ 13,610 Agency bonds (184 ) 20,792 — — (184 ) 20,792 ABS agency — — (446 ) 9,201 (446 ) 9,201 SBA (140 ) 11,823 (6 ) 4,122 (146 ) 15,945 Mortgage-backed securities: MBS agency (459 ) 63,631 (144 ) 11,091 (603 ) 74,722 MBS corporate (195 ) 4,164 — — (195 ) 4,164 Total available for sale $ (1,182 ) $ 110,219 $ (627 ) $ 28,215 $ (1,809 ) $ 138,434 Held to Maturity Municipal bonds $ — $ — $ (20 ) $ 1,298 $ (20 ) $ 1,298 SBA — — (1 ) 244 (1 ) 244 Mortgage-backed securities: MBS agency (272 ) 14,628 (37 ) 3,059 (309 ) 17,687 Total held to maturity $ (272 ) $ 14,628 $ (58 ) $ 4,601 $ (330 ) $ 19,229
Schedule of amortized cost and estimated fair value of investment securities by contractual maturity	The amortized cost and estimated fair value of investment securities by contractual maturity are shown in the following tables at the dates indicated. Expected maturities of mortgage-backed securities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties; therefore, these securities are shown separately. December 31, 2015 Available-for-Sale Held-to-Maturity Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value (In thousands) Mortgage-backed securities: Due within one year $ — $ — $ — $ — Due after one through five years — — 2,813 2,860 Due after five through ten years 20,671 20,519 4,313 4,329 Due after ten years 188,701 187,233 36,072 36,763 Total mortgage-backed securities 209,372 207,752 43,198 43,952 All other investment securities: Due within one year 8,004 7,869 — — Due after one through five years 15,275 15,237 500 500 Due after five through ten years 23,445 23,517 9,843 10,108 Due after ten years 51,434 50,756 5,331 5,529 Total all other investment securities 98,158 97,379 15,674 16,137 Total investment securities $ 307,530 $ 305,131 $ 58,872 $ 60,089 June 30, 2015 Available-for-Sale Held-to-Maturity Amortized Estimated Amortized Estimated (In thousands) Mortgage-backed securities: Due within one year $ — $ — $ 32 $ 34 Due after one through five years — — 1 1 Due after five through ten years 5,912 5,988 6,207 6,303 Due after ten years 177,474 178,841 39,260 39,742 Total mortgage-backed securities 183,386 184,829 45,500 46,080 All other investment securities: Due within one year 7,982 7,982 260 261 Due after one through five years 10,966 10,945 165 166 Due after five through ten years 28,836 28,820 9,921 10,126 Due after ten years 66,787 66,464 5,678 5,877 Total all other investment securities 114,571 114,211 16,024 16,430 Total investment securities $ 297,957 $ 299,040 $ 61,524 $ 62,510
Schedule of sales of available-for-sale securities	Sales of securities available-for-sale for the periods shown are summarized as follows: Three Months Ended December 31, Six Months Ended December 31, 2015 2014 2015 2014 (In thousands) Proceeds from sales $ 74,363 $ — $ 74,363 $ — Gross realized gains 1,003 — 1,003 — Gross realized losses (147 ) — (147 ) —

Loans Receivable - (Tables)

Loans Receivable - (Tables)	6 Months Ended
	Dec. 31, 2015
Loans and Leases Receivable Disclosure [Abstract]
Schedule of loans receivable balances	Loans receivable consisted of the following at the dates indicated: December 31, 2015 June 30, 2015 (In thousands) Real Estate: One-to-four family $ 275,728 $ 256,696 Multi-family 44,104 33,086 Commercial real estate 130,398 125,623 Construction and land 26,580 19,127 Total real estate loans 476,810 434,532 Consumer: Home equity 35,288 36,387 Other consumer 7,687 8,198 Total consumer loans 42,975 44,585 Commercial business loans 13,623 14,764 Total loans 533,408 493,881 Less: Net deferred loan fees 1,070 840 Premium on purchased loans, net (1,780 ) (1,957 ) Allowance for loan losses 6,974 7,111 Total loans receivable, net $ 527,144 $ 487,887
Schedule of activity in allowance for loan losses	The following tables summarize changes in the ALLL and loan portfolio by segment and impairment method for the periods shown: At or For the Three Months Ended December 31, 2015 One-to- four family Multi-family Commercial real estate Construction and land Home equity Other consumer Commercial business Unallocated Total (In thousands) ALLL: Beginning balance $ 3,027 $ 260 $ 1,040 $ 372 $ 946 $ 284 $ 163 $ 984 $ 7,076 Provision for loan losses (115 ) 27 (34 ) 17 83 58 (24 ) (12 ) — Charge-offs (53 ) — — — (30 ) (72 ) — — (155 ) Recoveries 4 — — 1 31 17 — — 53 Ending balance $ 2,863 $ 287 $ 1,006 $ 390 $ 1,030 $ 287 $ 139 $ 972 $ 6,974 At or For the Six Months Ended December 31, 2015 One-to- four family Multi-family Commercial real estate Construction and land Home equity Other consumer Commercial business Unallocated Total (In thousands) ALLL: Beginning balance $ 3,143 $ 251 $ 998 $ 336 $ 1,052 $ 321 $ 251 $ 759 $ 7,111 Provision for loan losses (228 ) 36 8 53 4 60 (146 ) 213 — Charge-offs (60 ) — — — (69 ) (122 ) (7 ) — (258 ) Recoveries 8 — — 1 43 28 41 — 121 Ending balance $ 2,863 $ 287 $ 1,006 $ 390 $ 1,030 $ 287 $ 139 $ 972 $ 6,974 At December 31, 2015 One-to- four family Multi-family Commercial real estate Construction and land Home equity Other consumer Commercial business Unallocated Total (In thousands) Total ALLL $ 2,863 $ 287 $ 1,006 $ 390 $ 1,030 $ 287 $ 139 $ 972 $ 6,974 General reserve 2,623 287 935 369 947 221 98 972 6,452 Specific reserve 240 — 71 21 83 66 41 — 522 Total loans $ 275,728 $ 44,104 $ 130,398 $ 26,580 $ 35,288 $ 7,687 $ 13,623 $ — $ 533,408 General reserves (1) 269,932 43,557 129,058 26,414 34,522 7,549 13,240 — 524,272 Specific reserves (2) 5,796 547 1,340 166 766 138 383 — 9,136 (1) Loans collectively evaluated for general reserves. (2) Loans individually evaluated for specific reserves. At or For the Three Months Ended December 31, 2014 One-to- four family Multi-family Commercial real estate Construction and land Home equity Other consumer Commercial business Unallocated Total ALLL: (In thousands) Beginning balance $ 3,746 $ 417 $ 1,270 $ 431 $ 1,151 $ 338 $ 206 $ 424 $ 7,983 Provision for loan losses (348 ) (23 ) 103 (23 ) (54 ) (15 ) (21 ) 381 — Charge-offs (103 ) — — (4 ) (195 ) (39 ) — — (341 ) Recoveries 5 — — 1 8 7 3 — 24 Ending balance $ 3,300 $ 394 $ 1,373 $ 405 $ 910 $ 291 $ 188 $ 805 $ 7,666 At or For the Six Months Ended December 31, 2014 One-to- four family Multi-family Commercial real estate Construction and land Home equity Other consumer Commercial business Unallocated Total ALLL: (In thousands) Beginning balance $ 3,408 $ 475 $ 1,491 $ 397 $ 1,289 $ 389 $ 388 $ 235 $ 8,072 Provision for loan losses 3 (81 ) (118 ) 56 (203 ) (24 ) (203 ) 570 — Charge-offs (122 ) — — (49 ) (195 ) (95 ) — — (461 ) Recoveries 11 — — 1 19 21 3 — 55 Ending balance $ 3,300 $ 394 $ 1,373 $ 405 $ 910 $ 291 $ 188 $ 805 $ 7,666 At June 30, 2015 One-to- four family Multi-family Commercial real estate Construction and land Home equity Other consumer Commercial business Unallocated Total (In thousands) Total ALLL $ 3,143 $ 251 $ 998 $ 336 $ 1,052 $ 321 $ 251 $ 759 $ 7,111 General reserve 2,982 251 923 318 998 244 207 759 6,682 Specific reserve 161 — 75 18 54 77 44 — 429 Total loans $ 256,696 $ 33,086 $ 125,623 $ 19,127 $ 36,387 $ 8,198 $ 14,764 $ — $ 493,881 General reserves (1) 249,290 32,456 124,260 18,968 35,752 8,034 14,361 — 483,121 Specific reserves (2) 7,406 630 1,363 159 635 164 403 — 10,760 (1) Loans collectively evaluated for general reserves. (2) Loans individually evaluated for specific reserves.
Schedules of impaired loans	The following tables present the average recorded investment in loans individually evaluated for impairment and the related interest income recognized for the periods shown: Three Months Ended Six Months Ended December 31, 2014 December 31, 2014 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (In thousands) With no allowance recorded: One-to-four family $ 3,893 $ 83 $ 3,959 $ 109 Multi-family 564 5 580 9 Commercial real estate 2,098 13 2,004 38 Construction and land 310 15 311 16 Home equity 196 3 258 5 Other consumer — — — 1 Total 7,061 119 7,112 178 With an allowance recorded: One-to-four family 3,304 70 3,321 105 Multi-family 129 2 129 3 Commercial real estate 1,251 12 1,944 25 Construction and land 162 10 160 11 Home equity 646 11 653 19 Other consumer 76 3 64 2 Commercial business 422 6 423 12 Total 5,990 114 6,694 177 Total impaired loans: One-to-four family 7,197 153 7,280 214 Multi-family 693 7 709 12 Commercial real estate 3,349 25 3,948 63 Construction and land 472 25 471 27 Home equity 842 14 911 24 Other consumer 76 3 64 3 Commercial business 422 6 423 12 Total $ 13,051 $ 233 $ 13,806 $ 355 The following table presents a summary of loans individually evaluated for impairment by portfolio segment at the dates indicated: December 31, 2015 June 30, 2015 Recorded Investment Unpaid Principal Balance Related Allowance Recorded Investment Unpaid Principal Balance Related Allowance (In thousands) With no allowance recorded: One-to-four family $ 1,667 $ 2,222 $ — $ 3,502 $ 4,162 $ — Multi-family 423 423 — 503 503 — Commercial real estate 349 412 — 355 416 — Construction and land 16 47 — 17 48 — Home equity 163 300 — 209 322 — Other consumer — 33 — — 10 — Commercial business 77 77 — — 180 — Total 2,695 3,514 — 4,586 5,641 — With an allowance recorded: One-to-four family 4,129 4,306 240 3,904 4,157 161 Multi-family 124 124 — 127 126 — Commercial real estate 991 991 71 1,008 1,008 75 Construction and land 150 174 21 142 166 18 Home equity 603 665 83 426 441 54 Other consumer 138 158 66 164 181 77 Commercial business 306 306 41 403 403 44 Total 6,441 6,724 522 6,174 6,482 429 Total impaired loans: One-to-four family 5,796 6,528 240 7,406 8,319 161 Multi-family 547 547 — 630 629 — Commercial real estate 1,340 1,403 71 1,363 1,424 75 Construction and land 166 221 21 159 214 18 Home equity 766 965 83 635 763 54 Other consumer 138 191 66 164 191 77 Commercial business 383 383 41 403 583 44 Total $ 9,136 $ 10,238 $ 522 $ 10,760 $ 12,123 $ 429 The following tables present the average recorded investment in loans individually evaluated for impairment and the related interest income recognized for the periods shown: Three Months Ended Six Months Ended December 31, 2015 December 31, 2015 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (In thousands) With no allowance recorded: One-to-four family $ 2,176 $ 45 $ 2,590 $ 45 Multi-family 448 3 391 7 Commercial real estate 350 5 352 11 Construction and land 16 1 16 2 Home equity 177 6 230 6 Other consumer — 1 5 1 Commercial business loans 26 2 13 3 Total 3,193 63 3,597 75 With an allowance recorded: One-to-four family 3,632 68 3,515 104 Multi-family 125 2 209 3 Commercial real estate 994 13 998 24 Construction and land 153 7 151 8 Home equity 515 10 442 17 Other consumer 160 4 163 6 Commercial business 368 4 385 8 Total 5,947 108 5,863 170 Total impaired loans: One-to-four family 5,808 113 6,105 149 Multi-family 573 5 600 10 Commercial real estate 1,344 18 1,350 35 Construction and land 169 8 167 10 Home equity 692 16 672 23 Other consumer 160 5 168 7 Commercial business 394 6 398 11 Total $ 9,140 $ 171 $ 9,460 $ 245
Schedule of recorded investments in nonaccrual loans	The following table presents the recorded investment in nonaccrual loans by class of loan at the dates indicated: December 31, 2015 June 30, 2015 (In thousands) One-to-four family $ 1,670 $ 4,232 Commercial real estate 139 147 Construction and land 166 159 Home equity 140 181 Other consumer 139 164 Total nonaccrual loans $ 2,254 $ 4,883
Schedule of past due loans by class	The following table presents past due loans, net of partial loan charge-offs, by class, as of December 31, 2015 : 30-59 Past Due 60-89 Past Due 90 Days Past Due Total Past Due Current Total Loans (In thousands) Real Estate: One-to-four family $ 1,355 $ 613 $ 455 $ 2,423 $ 273,305 $ 275,728 Multi-family — — — — 44,104 44,104 Commercial real estate — — — — 130,398 130,398 Construction and land 99 36 141 276 26,304 26,580 Total real estate loans 1,454 649 596 2,699 474,111 476,810 Consumer: Home equity 419 — 94 513 34,775 35,288 Other consumer 169 4 22 195 7,492 7,687 Total consumer loans 588 4 116 708 42,267 42,975 Commercial business loans — — — — 13,623 13,623 Total loans $ 2,042 $ 653 $ 712 $ 3,407 $ 530,001 $ 533,408 The following table presents past due loans, net of partial loan charge-offs, by class, as of June 30, 2015 : 30-59 Past Due 60-89 Past Due 90 Days Past Due Total Past Due Current Total Loans (In thousands) Real Estate: One-to-four family $ — $ 1,230 $ 704 $ 1,934 $ 254,762 $ 256,696 Multi-family — — — — 33,086 33,086 Commercial real estate — — — — 125,623 125,623 Construction and land — 114 23 137 18,990 19,127 Total real estate loans — 1,344 727 2,071 432,461 434,532 Consumer: Home equity 81 15 98 194 36,193 36,387 Other consumer 58 89 10 157 8,041 8,198 Total consumer loans 139 104 108 351 44,234 44,585 Commercial business loans — — — — 14,764 14,764 Total loans $ 139 $ 1,448 $ 835 $ 2,422 $ 491,459 $ 493,881
Schedule of risk category of loans	The following table represents the internally assigned grade as of December 31, 2015 , by class of loans: Pass Watch Special Mention Sub- Standard Total (In thousands) Real Estate: One-to-four family $ 268,154 $ 3,240 $ 1,578 $ 2,756 $ 275,728 Multi-family 37,453 6,104 — 547 44,104 Commercial real estate 119,249 9,508 667 974 130,398 Construction and land 26,087 187 65 241 26,580 Total real estate loans 450,943 19,039 2,310 4,518 476,810 Consumer: Home equity 33,262 1,209 164 653 35,288 Other consumer 7,222 254 40 171 7,687 Total consumer loans 40,484 1,463 204 824 42,975 Commercial business loans 8,083 5,117 — 423 13,623 Total loans $ 499,510 $ 25,619 $ 2,514 $ 5,765 $ 533,408 The following table represents the internally assigned grade as of June 30, 2015 , by class of loans: Pass Watch Special Mention Sub- Standard Total (In thousands) Real Estate: One-to-four family $ 247,491 $ 2,458 $ 794 $ 5,953 $ 256,696 Multi-family 22,907 9,550 — 629 33,086 Commercial real estate 106,072 12,960 5,134 1,457 125,623 Construction and land 18,426 351 113 237 19,127 Total real estate loans 394,896 25,319 6,041 8,276 434,532 Consumer: Home equity 34,969 501 86 831 36,387 Other consumer 7,622 213 77 286 8,198 Total consumer loans 42,591 714 163 1,117 44,585 Commercial business loans 8,449 5,795 62 458 14,764 Total loans $ 445,936 $ 31,828 $ 6,266 $ 9,851 $ 493,881 The following table represents the credit risk profile based on payment activity as of December 31, 2015 , by class of loans: Nonperforming Performing Total (In thousands) Real Estate: One-to-four family $ 1,670 $ 274,058 $ 275,728 Multi-family — 44,104 44,104 Commercial real estate 139 130,259 130,398 Construction and land 166 26,414 26,580 Consumer: Home equity 140 35,148 35,288 Other consumer 139 7,548 7,687 Commercial business loans — 13,623 13,623 Total loans $ 2,254 $ 531,154 $ 533,408 The following table represents the credit risk profile based on payment activity as of June 30, 2015 , by class of loans: Nonperforming Performing Total (In thousands) Real Estate: One-to-four family $ 4,232 $ 252,464 $ 256,696 Multi-family — 33,086 33,086 Commercial real estate 147 125,476 125,623 Construction and land 159 18,968 19,127 Consumer: Home equity 181 36,206 36,387 Other consumer 164 8,034 8,198 Commercial business loans — 14,764 14,764 Total loans $ 4,883 $ 488,998 $ 493,881
Schedule of troubled debt restructured loans	The following is a summary of information pertaining to TDR loans included in impaired loans at the dates indicated: December 31, June 30, 2015 2015 (In thousands) Total TDR loans $ 7,430 $ 7,746 Allowance for loan losses related to TDR loans 362 272 Total nonaccrual TDR loans 897 5,676 The following is a summary of TDR loans which incurred a payment default within 12 months of the restructure date during the three and six months ended December 31, 2015 . Number of Contracts Rate Modification Term Modification Combination Total Modifications (Dollars in thousands) TDR loans that subsequently defaulted One- to four-family 2 $ — $ — $ 379 $ 379 The following table presents TDR loans by class at the dates indicated by accrual and nonaccrual status. December 31, 2015 June 30, 2015 Accrual Nonaccrual Total Accrual Nonaccrual Total (In thousands) One-to-four family $ 3,897 $ 758 $ 4,655 $ 1,844 $ 3,079 $ 4,923 Multi-family 547 — 547 — 629 629 Commercial real estate 1,200 139 1,339 147 1,216 1,363 Construction and land — — — — — — Home equity 506 — 506 79 349 428 Other consumer — — — — — — Commercial business loans 383 — 383 — 403 403 Total TDR loans $ 6,533 $ 897 $ 7,430 $ 2,070 $ 5,676 $ 7,746

Deposits (Tables)

Deposits (Tables)	6 Months Ended
	Dec. 31, 2015
Banking and Thrift [Abstract]
Schedule of deposits	Deposits and weighted-average interest rates at the dates indicated are as follows: Weighted-Average Interest Rate December 31, 2015 Weighted-Average Interest Rate June 30, 2015 (In thousands) Savings 0.04 % $ 89,654 0.04 % $ 88,129 Transaction accounts 0.01 % 207,645 0.01 % 183,890 Money market accounts 0.22 % 241,492 0.17 % 227,217 Certificates of deposit and jumbo certificates 0.99 % 146,302 0.94 % 147,928 $ 685,093 $ 647,164 Weighted-average interest rate 0.30 % 0.28 %
Schedule of maturities of time deposits	Maturities of certificates at the dates indicated are as follows: December 31, 2015 June 30, 2015 (In thousands) Within one year or less $ 75,533 $ 71,474 After one year through two years 28,022 33,336 After two years through three years 18,501 19,225 After three years through four years 14,174 14,504 After four years through five years 9,894 9,183 After five years 178 206 $ 146,302 $ 147,928
Schedule of interest on deposits	Interest on deposits by type for the periods shown was as follows: Three Months Ended Six Months Ended December 31, December 31, 2015 2014 2015 2014 (In thousands) Savings $ 10 $ 10 $ 19 $ 19 Transaction accounts 4 2 7 5 Insured money market accounts 145 97 286 191 Certificates of deposit and jumbo certificates 351 273 699 538 $ 510 $ 382 $ 1,011 $ 753

Earnings per Share (Tables)

Earnings per Share (Tables)	6 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Schedule of earnings per share	The following table presents a reconciliation of the components used to compute basic and diluted earnings per share for the three and six months ended December 31, 2015 and 2014 . Three Months Ended Six Months Ended December 31, December 31, 2015 2014 2015 2014 Numerator: Net income $ 713 $ 882 $ 1,941 $ 1,731 Denominator: Denominator for basic and diluted earnings per share - weighted average common shares outstanding 12,094,515 na(1) 12,094,515 na(1) Basic and diluted earnings per share $ 0.06 $ 0.16 (1) Earnings per share and share calculations are not applicable (na) as the Company completed its stock offering and became a public company on January 29, 2015.

Employee Benefits (Tables)

Employee Benefits (Tables)	6 Months Ended
	Dec. 31, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of Employee Stock Ownership (ESOP)	Shares held by the ESOP as of the dates indicated are as follows: December 31, 2015 June 30, 2015 (Dollars in thousands) Allocated shares 17,509 17,509 Committed to be released shares 24,675 — Unallocated shares 1,005,845 935,290 Total ESOP shares 1,048,029 952,799 Fair value of unallocated shares $ 14,233 $ 11,532

Fair Value Accounting and Mea24

Fair Value Accounting and Measurement - (Tables)	6 Months Ended
	Dec. 31, 2015
Fair Value Disclosures [Abstract]
Schedule of assets and liabilities measured at fair value on a recurring basis	The following tables show the Company’s assets measured at fair value on a recurring basis at the dates indicated: December 31, 2015 Quoted Prices in or Liabilities Significant Inputs Significant Inputs (Level 1) (Level 2) (Level 3) Total (In thousands) Securities available-for-sale Municipal bonds $ — $ 26,475 $ — $ 26,475 Agency bonds — 23,351 — 23,351 ABS agency — 8,418 — 8,418 ABS corporate — 29,307 — 29,307 SBA — 9,828 — 9,828 MBS agency — 159,466 — 159,466 MBS corporate — 48,286 — 48,286 $ — $ 305,131 $ — $ 305,131 June 30, 2015 Quoted Prices in Significant Significant (Level 1) (Level 2) (Level 3) Total (In thousands) Securities available-for-sale Municipal bonds $ — $ 17,274 $ — $ 17,274 Agency bonds — 23,774 — 23,774 ABS agency — 9,201 — 9,201 ABS corporate — 29,634 — 29,634 SBA — 34,328 — 34,328 MBS agency — 176,877 — 176,877 MBS corporate — 7,952 — 7,952 $ — $ 299,040 $ — $ 299,040
Schedule of assets measured at fair value on a nonrecurring basis	The following tables present the Company’s assets measured at fair value on a nonrecurring basis at the dates indicated: December 31, 2015 Level 1 Level 2 Level 3 Total (In thousands) Impaired loans $ — $ — $ 9,136 $ 9,136 Real estate owned and repossessed assets — — 158 158 $ — $ — $ 9,294 $ 9,294 June 30, 2015 Level 1 Level 2 Level 3 Total (In thousands) Impaired loans $ — $ — $ 10,760 $ 10,760 Real estate owned and repossessed assets — — 1,914 1,914 $ — $ — $ 12,674 $ 12,674
Schedule of valuation techniques to value assets measured at fair value	The following tables present the techniques used to value assets measured at fair value on a nonrecurring basis at the dates indicated: December 31, 2015 Fair Value Valuation Technique Unobservable Input Range (Weighted-Average) 1 (In thousands) Impaired loans $ 9,136 Market comparable Discount to appraisal 0% - 25% (2%) Real estate owned and repossessed assets 158 Market comparable Discount to appraisal 0% - 10% (9%) 1 Discount to appraisal disposition value. June 30, 2015 Fair Value Valuation Technique Unobservable Input Range 1 (In thousands) Impaired loans $ 10,760 Market comparable Discount to appraisal 0% - 25% (2%) Real estate owned and repossessed assets 1,914 Market comparable Discount to appraisal 0% - 8% (1%) 1 Discount to appraisal disposition value.
Schedule of the carrying value and estimated fair value of financial instruments	The following tables present the carrying value and estimated fair value of financial instruments at the dates indicated: December 31, 2015 Carrying Amount Estimated Fair Value Fair Value Measurements Using: Level 1 Level 2 Level 3 (In thousands) Financial assets Cash and cash equivalents $ 23,660 $ 23,660 $ 23,660 $ — $ — Investment securities available for sale 305,131 305,131 — 305,131 — Investment securities held to maturity 58,872 60,089 — 60,089 — Loans receivable, net 527,144 530,476 — — 530,476 FHLB stock 4,197 4,197 — 4,197 — Accrued interest receivable 2,868 2,868 — 2,868 — Mortgage servicing rights, net 1,055 1,652 — — 1,652 Financial liabilities Demand deposits $ 538,791 $ 538,791 $ 538,791 $ — $ — Time deposits 146,302 146,273 — 146,273 — Borrowings 75,154 78,716 — 78,716 — Accrued interest payable 210 210 — 210 — — June 30, 2015 Carrying Amount Estimated Fair Value Fair Value Measurements Using: Level 1 Level 2 Level 3 (In thousands) Financial assets Cash and cash equivalents $ 45,030 $ 45,030 $ 45,030 $ — $ — Investment securities available for sale 299,040 299,040 — 299,040 — Investment securities held to maturity 61,524 62,510 — 62,510 — Loans held for sale 110 110 — 110 — Loans receivable, net 487,887 493,270 — — 493,270 FHLB stock 4,807 4,807 — 4,807 — Accrued interest receivable 2,546 2,546 — 2,546 — Mortgage servicing rights, net 1,187 1,837 — — 1,837 Financial liabilities Demand deposits $ 499,236 $ 499,236 $ 499,236 $ — $ — Time deposits 147,928 148,436 — 148,436 — Borrowings 90,033 93,426 — 93,426 — Accrued interest payable 265 265 — 265 —

Basis of Presentation and Cri25

Basis of Presentation and Critical Accounting Policies - (Details) - USD ($) $ / shares in Units, $ in Thousands	Jan. 29, 2015	Dec. 31, 2015
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Number of shares issued	13,100,360
Gross proceeds from stock offering	$ 121,700
Proceeds from initial public offering	117,600
Capital contribution to subsidiary	$ 58,400
Percentage of shares to be purchased	8.00%
Number of shares to be purchased	1,048,029
Contributions to charitable organization
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Value of charitable consideration, cash portion	$ 400
Craft3
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Length of commitment		7 years
IPO
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Number of shares issued	12,167,000
Share price (in dollars per share)	$ 10
Secondary Offering | Contributions to charitable organization
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Number of shares issued	933,360

Securities - Amortized Cost, Gr

Securities - Amortized Cost, Gross Unrealized Gains and Losses, and Estimated Fair Value of Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Available-for-sale Securities, Fair Value to Amortized Cost Basis [Abstract]
Cost	$ 307,530	$ 297,957
Gross Unrealized Gains	1,071	2,892
Gross Unrealized Losses	(3,470)	(1,809)
Estimated Fair Value	305,131	299,040
Held-to-maturity Securities [Abstract]
Amortized Cost	58,872	61,524
Gross Unrealized Gains	1,398	1,316
Gross Unrealized Losses	(181)	(330)
Estimated Fair Value	60,089	62,510
Investment Securities
Held-to-maturity Securities [Abstract]
Estimated Fair Value	16,137	16,430
Investment Securities | Municipal bonds
Available-for-sale Securities, Fair Value to Amortized Cost Basis [Abstract]
Cost	25,980	17,387
Gross Unrealized Gains	627	122
Gross Unrealized Losses	(132)	(235)
Estimated Fair Value	26,475	17,274
Held-to-maturity Securities [Abstract]
Amortized Cost	14,574	15,149
Gross Unrealized Gains	462	424
Gross Unrealized Losses	0	(20)
Estimated Fair Value	15,036	15,553
Investment Securities | U.S. Treasury and government agency issued bonds (Agency bonds)
Available-for-sale Securities, Fair Value to Amortized Cost Basis [Abstract]
Cost	23,446	23,948
Gross Unrealized Gains	91	10
Gross Unrealized Losses	(186)	(184)
Estimated Fair Value	23,351	23,774
Investment Securities | U.S. government agency issued asset-backed securities (ABS agency)
Available-for-sale Securities, Fair Value to Amortized Cost Basis [Abstract]
Cost	9,180	9,647
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(762)	(446)
Estimated Fair Value	8,418	9,201
Investment Securities | Corporate issued asset-backed securities (ABS corporate)
Available-for-sale Securities, Fair Value to Amortized Cost Basis [Abstract]
Cost	29,672	29,634
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(365)	0
Estimated Fair Value	29,307	29,634
Investment Securities | SBA
Available-for-sale Securities, Fair Value to Amortized Cost Basis [Abstract]
Cost	9,880	33,955
Gross Unrealized Gains	0	519
Gross Unrealized Losses	(52)	(146)
Estimated Fair Value	9,828	34,328
Held-to-maturity Securities [Abstract]
Amortized Cost	1,100	875
Gross Unrealized Gains	1	3
Gross Unrealized Losses	0	(1)
Estimated Fair Value	1,101	877
Mortgage-backed Securities
Held-to-maturity Securities [Abstract]
Estimated Fair Value	43,952	46,080
Mortgage-backed Securities | U.S. government agency issued mortgage-backed securities (MBS agency)
Available-for-sale Securities, Fair Value to Amortized Cost Basis [Abstract]
Cost	160,313	175,239
Gross Unrealized Gains	353	2,241
Gross Unrealized Losses	(1,200)	(603)
Estimated Fair Value	159,466	176,877
Held-to-maturity Securities [Abstract]
Amortized Cost	43,198	45,500
Gross Unrealized Gains	935	889
Gross Unrealized Losses	(181)	(309)
Estimated Fair Value	43,952	46,080
Mortgage-backed Securities | Corporate issued mortgage-backed securities (MBS corporate)
Available-for-sale Securities, Fair Value to Amortized Cost Basis [Abstract]
Cost	49,059	8,147
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(773)	(195)
Estimated Fair Value	$ 48,286	$ 7,952

Securities - Securities in a Co

Securities - Securities in a Continuous Unrealized Gross Loss Position (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss [Abstract]
Less Than Twelve Months, Gross Unrealized Losses	$ (2,528)	$ (1,182)
Twelve Months or Longer, Gross Unrealized Losses	(942)	(627)
Total, Gross Unrealized Losses	(3,470)	(1,809)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less Than Twelve Months, Fair Value	217,490	110,219
Twelve Months or Longer, Fair Value	20,448	28,215
Total, Fair Value	237,938	138,434
Held-to-maturity Securities, Continuous Unrealized Loss Position, Accumulated Loss [Abstract]
Less Than Twelve Months, Gross Unrealized Losses	(115)	(272)
Twelve Months or Longer, Gross Unrealized Losses	(66)	(58)
Total, Gross Unrealized Losses	(181)	(330)
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less Than Twelve Months, Fair Value	15,107	14,628
Twelve Months or Longer, Fair Value	5,496	4,601
Total, Fair Value	20,603	19,229
Investment Securities | Municipal bonds
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss [Abstract]
Less Than Twelve Months, Gross Unrealized Losses	(132)	(204)
Twelve Months or Longer, Gross Unrealized Losses	0	(31)
Total, Gross Unrealized Losses	(132)	(235)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less Than Twelve Months, Fair Value	2,095	9,809
Twelve Months or Longer, Fair Value	0	3,801
Total, Fair Value	2,095	13,610
Held-to-maturity Securities, Continuous Unrealized Loss Position, Accumulated Loss [Abstract]
Less Than Twelve Months, Gross Unrealized Losses		0
Twelve Months or Longer, Gross Unrealized Losses		(20)
Total, Gross Unrealized Losses		(20)
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less Than Twelve Months, Fair Value		0
Twelve Months or Longer, Fair Value		1,298
Total, Fair Value		1,298
Investment Securities | Agency bonds
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss [Abstract]
Less Than Twelve Months, Gross Unrealized Losses	(186)	(184)
Twelve Months or Longer, Gross Unrealized Losses	0	0
Total, Gross Unrealized Losses	(186)	(184)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less Than Twelve Months, Fair Value	14,445	20,792
Twelve Months or Longer, Fair Value	0	0
Total, Fair Value	14,445	20,792
Investment Securities | ABS agency
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss [Abstract]
Less Than Twelve Months, Gross Unrealized Losses	0	0
Twelve Months or Longer, Gross Unrealized Losses	(762)	(446)
Total, Gross Unrealized Losses	(762)	(446)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less Than Twelve Months, Fair Value	0	0
Twelve Months or Longer, Fair Value	8,418	9,201
Total, Fair Value	8,418	9,201
Investment Securities | ABS corporate
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss [Abstract]
Less Than Twelve Months, Gross Unrealized Losses	(365)
Twelve Months or Longer, Gross Unrealized Losses	0
Total, Gross Unrealized Losses	(365)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less Than Twelve Months, Fair Value	29,307
Twelve Months or Longer, Fair Value	0
Total, Fair Value	29,307
Investment Securities | SBA
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss [Abstract]
Less Than Twelve Months, Gross Unrealized Losses	(52)	(140)
Twelve Months or Longer, Gross Unrealized Losses	0	(6)
Total, Gross Unrealized Losses	(52)	(146)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less Than Twelve Months, Fair Value	9,623	11,823
Twelve Months or Longer, Fair Value	0	4,122
Total, Fair Value	9,623	15,945
Held-to-maturity Securities, Continuous Unrealized Loss Position, Accumulated Loss [Abstract]
Less Than Twelve Months, Gross Unrealized Losses	0	0
Twelve Months or Longer, Gross Unrealized Losses	0	(1)
Total, Gross Unrealized Losses	0	(1)
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less Than Twelve Months, Fair Value	316	0
Twelve Months or Longer, Fair Value	0	244
Total, Fair Value	316	244
Mortgage-backed Securities | MBS agency
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss [Abstract]
Less Than Twelve Months, Gross Unrealized Losses	(1,020)	(459)
Twelve Months or Longer, Gross Unrealized Losses	(180)	(144)
Total, Gross Unrealized Losses	(1,200)	(603)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less Than Twelve Months, Fair Value	113,733	63,631
Twelve Months or Longer, Fair Value	12,030	11,091
Total, Fair Value	125,763	74,722
Held-to-maturity Securities, Continuous Unrealized Loss Position, Accumulated Loss [Abstract]
Less Than Twelve Months, Gross Unrealized Losses	(115)	(272)
Twelve Months or Longer, Gross Unrealized Losses	(66)	(37)
Total, Gross Unrealized Losses	(181)	(309)
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less Than Twelve Months, Fair Value	14,791	14,628
Twelve Months or Longer, Fair Value	5,496	3,059
Total, Fair Value	20,287	17,687
Mortgage-backed Securities | MBS corporate
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss [Abstract]
Less Than Twelve Months, Gross Unrealized Losses	(773)	(195)
Twelve Months or Longer, Gross Unrealized Losses	0	0
Total, Gross Unrealized Losses	(773)	(195)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Abstract]
Less Than Twelve Months, Fair Value	48,287	4,164
Twelve Months or Longer, Fair Value	0	0
Total, Fair Value	$ 48,287	$ 4,164

Securities - Amortized Cost and

Securities - Amortized Cost and Estimated Fair Value by Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Available-for-sale Securities, Amortized Cost
Total	$ 307,530	$ 297,957
Available-for-sale Securities, Estimated Fair Value
Total	305,131	299,040
Held-to-maturity Securities, Amortized Cost
Total	58,872	61,524
Held-to-maturity Securities, Estimated Fair Value
Total	60,089	62,510
Mortgage-backed Securities
Available-for-sale Securities, Amortized Cost
Due within one year	0	0
Due after one through five years	0	0
Due after five through ten years	20,671	5,912
Due after ten years	188,701	177,474
Total	209,372	183,386
Available-for-sale Securities, Estimated Fair Value
Due within one year	0	0
Due after one through five years	0	0
Due after five through ten years	20,519	5,988
Due after ten years	187,233	178,841
Total	207,752	184,829
Held-to-maturity Securities, Amortized Cost
Due within one year	0	32
Due after one through five years	2,813	1
Due after five through ten years	4,313	6,207
Due after ten years	36,072	39,260
Total	43,198	45,500
Held-to-maturity Securities, Estimated Fair Value
Due within one year	0	34
Due after one through five years	2,860	1
Due after five through ten years	4,329	6,303
Due after ten years	36,763	39,742
Total	43,952	46,080
Investment Securities
Available-for-sale Securities, Amortized Cost
Due within one year	8,004	7,982
Due after one through five years	15,275	10,966
Due after five through ten years	23,445	28,836
Due after ten years	51,434	66,787
Total	98,158	114,571
Available-for-sale Securities, Estimated Fair Value
Due within one year	7,869	7,982
Due after one through five years	15,237	10,945
Due after five through ten years	23,517	28,820
Due after ten years	50,756	66,464
Total	97,379	114,211
Held-to-maturity Securities, Amortized Cost
Due within one year	0	260
Due after one through five years	500	165
Due after five through ten years	9,843	9,921
Due after ten years	5,331	5,678
Total	15,674	16,024
Held-to-maturity Securities, Estimated Fair Value
Due within one year	0	261
Due after one through five years	500	166
Due after five through ten years	10,108	10,126
Due after ten years	5,529	5,877
Total	$ 16,137	$ 16,430

Securities - Summary of Sales o

Securities - Summary of Sales of Available for Sale Securities (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014
Investments, Debt and Equity Securities [Abstract]
Proceeds from sales	$ 74,363	$ 0	$ 74,363	$ 0
Gross realized gains	1,003	0	1,003	0
Gross realized losses	$ (147)	$ 0	$ (147)	$ 0

Securities - Narrative (Details

Securities - Narrative (Details) $ in Millions	Dec. 31, 2015USD ($)security	Jun. 30, 2015USD ($)security
Investments, Debt and Equity Securities [Abstract]
Number of securities in an unrealized loss position | security	63	54
Continuous unrealized losses	$ 3.7	$ 2.1
Continuous unrealized losses, fair value	$ 258.5	$ 157.7

Loans Receivable - Balance of L

Loans Receivable - Balance of Loans Receivable (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 533,408		$ 493,881
Net deferred loan fees	1,070		840
Premium on purchased loans, net	(1,780)		(1,957)
Allowance for loan losses	6,974	$ 7,076	7,111	$ 7,666	$ 7,983	$ 8,072
Total loans receivable, net	527,144		487,887
Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	476,810		434,532
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	42,975		44,585
Commercial business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	13,623		14,764
Allowance for loan losses	139	163	251	188	206	388
Commercial real estate | Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	130,398		125,623
Allowance for loan losses	1,006	1,040	998	1,373	1,270	1,491
Construction and land | Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	26,580		19,127
Allowance for loan losses	390	372	336	405	431	397
Home equity | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	35,288		36,387
Allowance for loan losses	1,030	946	1,052	910	1,151	1,289
Other | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	7,687		8,198
Allowance for loan losses	287	284	321	291	338	389
One-to-four family | Real estate loans | Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	275,728		256,696
Allowance for loan losses	2,863	3,027	3,143	3,300	3,746	3,408
Multi-family | Real estate loans | Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	44,104		33,086
Allowance for loan losses	$ 287	$ 260	$ 251	$ 394	$ 417	$ 475

Loans Receivable - Allowance fo

Loans Receivable - Allowance for Loan Losses (Details) - USD ($) $ in Thousands		3 Months Ended		6 Months Ended
		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Jun. 30, 2015
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance		$ 7,076	$ 7,983	$ 7,111	$ 8,072
Provision for loan losses		0	0	0	0
Charge-offs		(155)	(341)	(258)	(461)
Recoveries		53	24	121	55
Ending balance		6,974	7,666	6,974	7,666
Total ALLL		7,076	7,983	7,111	8,072	$ 6,974	$ 7,111
General reserve						6,452	6,682
Specific reserve						522	429
Total Loans						533,408	493,881
General reserves	[1]					524,272	483,121
Specific reserves	[2]					9,136	10,760
Real Estate
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Total Loans						476,810	434,532
Consumer
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Total Loans						42,975	44,585
Commercial business
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance		163	206	251	388
Provision for loan losses		(24)	(21)	(146)	(203)
Charge-offs		0	0	(7)	0
Recoveries		0	3	41	3
Ending balance		139	188	139	188
Total ALLL		163	206	251	388	139	251
General reserve						98	207
Specific reserve						41	44
Total Loans						13,623	14,764
General reserves	[1]					13,240	14,361
Specific reserves	[2]					383	403
Unallocated
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance		984	424	759	235
Provision for loan losses		(12)	381	213	570
Charge-offs		0	0	0	0
Recoveries		0	0	0	0
Ending balance		972	805	972	805
Total ALLL		984	424	759	235	972	759
General reserve						972	759
Specific reserve						0	0
Total Loans						0	0
General reserves	[1]					0	0
Specific reserves	[2]					0	0
Commercial real estate | Real Estate
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance		1,040	1,270	998	1,491
Provision for loan losses		(34)	103	8	(118)
Charge-offs		0	0	0	0
Recoveries		0	0	0	0
Ending balance		1,006	1,373	1,006	1,373
Total ALLL		1,040	1,270	998	1,491	1,006	998
General reserve						935	923
Specific reserve						71	75
Total Loans						130,398	125,623
General reserves	[1]					129,058	124,260
Specific reserves	[2]					1,340	1,363
Construction and land | Real Estate
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance		372	431	336	397
Provision for loan losses		17	(23)	53	56
Charge-offs		0	(4)	0	(49)
Recoveries		1	1	1	1
Ending balance		390	405	390	405
Total ALLL		372	431	336	397	390	336
General reserve						369	318
Specific reserve						21	18
Total Loans						26,580	19,127
General reserves	[1]					26,414	18,968
Specific reserves	[2]					166	159
Home equity | Consumer
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance		946	1,151	1,052	1,289
Provision for loan losses		83	(54)	4	(203)
Charge-offs		(30)	(195)	(69)	(195)
Recoveries		31	8	43	19
Ending balance		1,030	910	1,030	910
Total ALLL		946	1,151	1,052	1,289	1,030	1,052
General reserve						947	998
Specific reserve						83	54
Total Loans						35,288	36,387
General reserves	[1]					34,522	35,752
Specific reserves	[2]					766	635
Other | Consumer
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance		284	338	321	389
Provision for loan losses		58	(15)	60	(24)
Charge-offs		(72)	(39)	(122)	(95)
Recoveries		17	7	28	21
Ending balance		287	291	287	291
Total ALLL		284	338	321	389	287	321
General reserve						221	244
Specific reserve						66	77
Total Loans						7,687	8,198
General reserves	[1]					7,549	8,034
Specific reserves	[2]					138	164
One-to-four family | Real estate loans | Real Estate
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance		3,027	3,746	3,143	3,408
Provision for loan losses		(115)	(348)	(228)	3
Charge-offs		(53)	(103)	(60)	(122)
Recoveries		4	5	8	11
Ending balance		2,863	3,300	2,863	3,300
Total ALLL		3,027	3,746	3,143	3,408	2,863	3,143
General reserve						2,623	2,982
Specific reserve						240	161
Total Loans						275,728	256,696
General reserves	[1]					269,932	249,290
Specific reserves	[2]					5,796	7,406
Multi-family | Real estate loans | Real Estate
Financing Receivable, Allowance for Credit Losses [Roll Forward]
Beginning balance		260	417	251	475
Provision for loan losses		27	(23)	36	(81)
Charge-offs		0	0	0	0
Recoveries		0	0	0	0
Ending balance		287	394	287	394
Total ALLL		$ 260	$ 417	$ 251	$ 475	287	251
General reserve						287	251
Specific reserve						0	0
Total Loans						44,104	33,086
General reserves	[1]					43,557	32,456
Specific reserves	[2]					$ 547	$ 630
[1]	Loans collectively evaluated for general reserves
[2]	Loans individually evaluated for specific reserves

Loans Receivable - Impaired Loa

Loans Receivable - Impaired Loans By Segment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Jun. 30, 2015
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investment, No Allowance Recorded	$ 2,695		$ 2,695		$ 4,586
Recorded Investment, Allowance Recorded	6,441		6,441		6,174
Recorded Investment	9,136		9,136		10,760
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, No Allowance Recorded	3,514		3,514		5,641
Unpaid Principal Balance, Allowance Recorded	6,724		6,724		6,482
Unpaid Principal Balance	10,238		10,238		12,123
Related Allowance	522		522		429
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Recorded Investment, No Allowance Recorded	3,193	$ 7,061	3,597	$ 7,112
Average Recorded Investment, Allowance Recorded	5,947	5,990	5,863	6,694
Average Recorded Investment	9,140	13,051	9,460	13,806
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
Interest Income Recognized, No Allowance Recorded	63	119	75	178
Interest Income Recognized, Allowance Recorded	108	114	170	177
Interest Income Recognized	171	233	245	355
Interest income recognized on impaired loans	112	112	188	235
Commercial business
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investment, No Allowance Recorded	77		77		0
Recorded Investment, Allowance Recorded	306		306		403
Recorded Investment	383		383		403
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, No Allowance Recorded	77		77		180
Unpaid Principal Balance, Allowance Recorded	306		306		403
Unpaid Principal Balance	383		383		583
Related Allowance	41		41		44
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Recorded Investment, No Allowance Recorded	26		13
Average Recorded Investment, Allowance Recorded	368	422	385	423
Average Recorded Investment	394	422	398	423
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
Interest Income Recognized, No Allowance Recorded	2		3
Interest Income Recognized, Allowance Recorded	4	6	8	12
Interest Income Recognized	6	6	11	12
Commercial real estate | Real Estate
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investment, No Allowance Recorded	349		349		355
Recorded Investment, Allowance Recorded	991		991		1,008
Recorded Investment	1,340		1,340		1,363
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, No Allowance Recorded	412		412		416
Unpaid Principal Balance, Allowance Recorded	991		991		1,008
Unpaid Principal Balance	1,403		1,403		1,424
Related Allowance	71		71		75
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Recorded Investment, No Allowance Recorded	350	2,098	352	2,004
Average Recorded Investment, Allowance Recorded	994	1,251	998	1,944
Average Recorded Investment	1,344	3,349	1,350	3,948
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
Interest Income Recognized, No Allowance Recorded	5	13	11	38
Interest Income Recognized, Allowance Recorded	13	12	24	25
Interest Income Recognized	18	25	35	63
Construction and land | Real Estate
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investment, No Allowance Recorded	16		16		17
Recorded Investment, Allowance Recorded	150		150		142
Recorded Investment	166		166		159
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, No Allowance Recorded	47		47		48
Unpaid Principal Balance, Allowance Recorded	174		174		166
Unpaid Principal Balance	221		221		214
Related Allowance	21		21		18
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Recorded Investment, No Allowance Recorded	16	310	16	311
Average Recorded Investment, Allowance Recorded	153	162	151	160
Average Recorded Investment	169	472	167	471
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
Interest Income Recognized, No Allowance Recorded	1	15	2	16
Interest Income Recognized, Allowance Recorded	7	10	8	11
Interest Income Recognized	8	25	10	27
Home equity | Consumer
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investment, No Allowance Recorded	163		163		209
Recorded Investment, Allowance Recorded	603		603		426
Recorded Investment	766		766		635
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, No Allowance Recorded	300		300		322
Unpaid Principal Balance, Allowance Recorded	665		665		441
Unpaid Principal Balance	965		965		763
Related Allowance	83		83		54
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Recorded Investment, No Allowance Recorded	177	196	230	258
Average Recorded Investment, Allowance Recorded	515	646	442	653
Average Recorded Investment	692	842	672	911
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
Interest Income Recognized, No Allowance Recorded	6	3	6	5
Interest Income Recognized, Allowance Recorded	10	11	17	19
Interest Income Recognized	16	14	23	24
Other | Consumer
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investment, No Allowance Recorded	0		0		0
Recorded Investment, Allowance Recorded	138		138		164
Recorded Investment	138		138		164
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, No Allowance Recorded	33		33		10
Unpaid Principal Balance, Allowance Recorded	158		158		181
Unpaid Principal Balance	191		191		191
Related Allowance	66		66		77
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Recorded Investment, No Allowance Recorded	0	0	5	0
Average Recorded Investment, Allowance Recorded	160	76	163	64
Average Recorded Investment	160	76	168	64
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
Interest Income Recognized, No Allowance Recorded	1	0	1	1
Interest Income Recognized, Allowance Recorded	4	3	6	2
Interest Income Recognized	5	3	7	3
One-to-four family | Real estate loans | Real Estate
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investment, No Allowance Recorded	1,667		1,667		3,502
Recorded Investment, Allowance Recorded	4,129		4,129		3,904
Recorded Investment	5,796		5,796		7,406
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, No Allowance Recorded	2,222		2,222		4,162
Unpaid Principal Balance, Allowance Recorded	4,306		4,306		4,157
Unpaid Principal Balance	6,528		6,528		8,319
Related Allowance	240		240		161
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Recorded Investment, No Allowance Recorded	2,176	3,893	2,590	3,959
Average Recorded Investment, Allowance Recorded	3,632	3,304	3,515	3,321
Average Recorded Investment	5,808	7,197	6,105	7,280
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
Interest Income Recognized, No Allowance Recorded	45	83	45	109
Interest Income Recognized, Allowance Recorded	68	70	104	105
Interest Income Recognized	113	153	149	214
Multi-family | Real estate loans | Real Estate
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investment, No Allowance Recorded	423		423		503
Recorded Investment, Allowance Recorded	124		124		127
Recorded Investment	547		547		630
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, No Allowance Recorded	423		423		503
Unpaid Principal Balance, Allowance Recorded	124		124		126
Unpaid Principal Balance	547		547		629
Related Allowance	0		0		$ 0
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Recorded Investment, No Allowance Recorded	448	564	391	580
Average Recorded Investment, Allowance Recorded	125	129	209	129
Average Recorded Investment	573	693	600	709
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
Interest Income Recognized, No Allowance Recorded	3	5	7	9
Interest Income Recognized, Allowance Recorded	2	2	3	3
Interest Income Recognized	$ 5	$ 7	$ 10	$ 12

Loans Receivable - Nonaccrual L

Loans Receivable - Nonaccrual Loans by Class (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]
Recorded investment, nonaccrual loans	$ 2,254	$ 4,883
Real Estate | Construction and land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Recorded investment, nonaccrual loans	166	159
Consumer | Home equity
Financing Receivable, Recorded Investment, Past Due [Line Items]
Recorded investment, nonaccrual loans	140	181
Consumer | Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Recorded investment, nonaccrual loans	139	164
One-to-four family | Real Estate | Real estate loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Recorded investment, nonaccrual loans	1,670	4,232
Multi-family | Real Estate | Real estate loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Recorded investment, nonaccrual loans	$ 139	$ 147

Loans Receivable - Reconciliati

Loans Receivable - Reconciliation of Past Due Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 3,407	$ 2,422
Current	530,001	491,459
Total Loans	533,408	493,881
Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,699	2,071
Current	474,111	432,461
Total Loans	476,810	434,532
Real Estate | Commercial real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Current	130,398	125,623
Total Loans	130,398	125,623
Real Estate | Construction and land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	276	137
Current	26,304	18,990
Total Loans	26,580	19,127
Consumer
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	708	351
Current	42,267	44,234
Total Loans	42,975	44,585
Consumer | Home equity
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	513	194
Current	34,775	36,193
Total Loans	35,288	36,387
Consumer | Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	195	157
Current	7,492	8,041
Total Loans	7,687	8,198
Commercial business
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Current	13,623	14,764
Total Loans	13,623	14,764
30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,042	139
30-59 Days Past Due | Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,454	0
30-59 Days Past Due | Real Estate | Commercial real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
30-59 Days Past Due | Real Estate | Construction and land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	99	0
30-59 Days Past Due | Consumer
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	588	139
30-59 Days Past Due | Consumer | Home equity
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	419	81
30-59 Days Past Due | Consumer | Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	169	58
30-59 Days Past Due | Commercial business
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	653	1,448
60-89 Days Past Due | Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	649	1,344
60-89 Days Past Due | Real Estate | Commercial real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
60-89 Days Past Due | Real Estate | Construction and land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	36	114
60-89 Days Past Due | Consumer
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	4	104
60-89 Days Past Due | Consumer | Home equity
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	15
60-89 Days Past Due | Consumer | Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	4	89
60-89 Days Past Due | Commercial business
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
90 Days or More Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	712	835
90 Days or More Past Due | Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	596	727
90 Days or More Past Due | Real Estate | Commercial real estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
90 Days or More Past Due | Real Estate | Construction and land
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	141	23
90 Days or More Past Due | Consumer
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	116	108
90 Days or More Past Due | Consumer | Home equity
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	94	98
90 Days or More Past Due | Consumer | Other
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	22	10
90 Days or More Past Due | Commercial business
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
One-to-four family | Real Estate | Real estate loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	2,423	1,934
Current	273,305	254,762
Total Loans	275,728	256,696
One-to-four family | 30-59 Days Past Due | Real Estate | Real estate loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,355	0
One-to-four family | 60-89 Days Past Due | Real Estate | Real estate loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	613	1,230
One-to-four family | 90 Days or More Past Due | Real Estate | Real estate loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	455	704
Multi-family | Real Estate | Real estate loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Current	44,104	33,086
Total Loans	44,104	33,086
Multi-family | 30-59 Days Past Due | Real Estate | Real estate loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Multi-family | 60-89 Days Past Due | Real Estate | Real estate loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0	0
Multi-family | 90 Days or More Past Due | Real Estate | Real estate loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 0	$ 0

Loans Receivable - Credit Quali

Loans Receivable - Credit Quality Indicators by Class of Loan (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Financing Receivable, Recorded Investment [Line Items]
Loans	$ 533,408	$ 493,881
Pass
Financing Receivable, Recorded Investment [Line Items]
Loans	499,510	445,936
Watch
Financing Receivable, Recorded Investment [Line Items]
Loans	25,619	31,828
Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans	2,514	6,266
Sub-standard
Financing Receivable, Recorded Investment [Line Items]
Loans	5,765	9,851
Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Loans	2,254	4,883
Performing
Financing Receivable, Recorded Investment [Line Items]
Loans	531,154	488,998
Real Estate
Financing Receivable, Recorded Investment [Line Items]
Loans	476,810	434,532
Real Estate | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans	450,943	394,896
Real Estate | Watch
Financing Receivable, Recorded Investment [Line Items]
Loans	19,039	25,319
Real Estate | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans	2,310	6,041
Real Estate | Sub-standard
Financing Receivable, Recorded Investment [Line Items]
Loans	4,518	8,276
Real Estate | Commercial real estate
Financing Receivable, Recorded Investment [Line Items]
Loans	130,398	125,623
Real Estate | Commercial real estate | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans	119,249	106,072
Real Estate | Commercial real estate | Watch
Financing Receivable, Recorded Investment [Line Items]
Loans	9,508	12,960
Real Estate | Commercial real estate | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans	667	5,134
Real Estate | Commercial real estate | Sub-standard
Financing Receivable, Recorded Investment [Line Items]
Loans	974	1,457
Real Estate | Commercial real estate | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Loans	139	147
Real Estate | Commercial real estate | Performing
Financing Receivable, Recorded Investment [Line Items]
Loans	130,259	125,476
Real Estate | Construction and land
Financing Receivable, Recorded Investment [Line Items]
Loans	26,580	19,127
Real Estate | Construction and land | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans	26,087	18,426
Real Estate | Construction and land | Watch
Financing Receivable, Recorded Investment [Line Items]
Loans	187	351
Real Estate | Construction and land | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans	65	113
Real Estate | Construction and land | Sub-standard
Financing Receivable, Recorded Investment [Line Items]
Loans	241	237
Real Estate | Construction and land | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Loans	166	159
Real Estate | Construction and land | Performing
Financing Receivable, Recorded Investment [Line Items]
Loans	26,414	18,968
Consumer
Financing Receivable, Recorded Investment [Line Items]
Loans	42,975	44,585
Consumer | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans	40,484	42,591
Consumer | Watch
Financing Receivable, Recorded Investment [Line Items]
Loans	1,463	714
Consumer | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans	204	163
Consumer | Sub-standard
Financing Receivable, Recorded Investment [Line Items]
Loans	824	1,117
Consumer | Home equity
Financing Receivable, Recorded Investment [Line Items]
Loans	35,288	36,387
Consumer | Home equity | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans	33,262	34,969
Consumer | Home equity | Watch
Financing Receivable, Recorded Investment [Line Items]
Loans	1,209	501
Consumer | Home equity | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans	164	86
Consumer | Home equity | Sub-standard
Financing Receivable, Recorded Investment [Line Items]
Loans	653	831
Consumer | Home equity | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Loans	140	181
Consumer | Home equity | Performing
Financing Receivable, Recorded Investment [Line Items]
Loans	35,148	36,206
Consumer | Other
Financing Receivable, Recorded Investment [Line Items]
Loans	7,687	8,198
Consumer | Other | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans	7,222	7,622
Consumer | Other | Watch
Financing Receivable, Recorded Investment [Line Items]
Loans	254	213
Consumer | Other | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans	40	77
Consumer | Other | Sub-standard
Financing Receivable, Recorded Investment [Line Items]
Loans	171	286
Consumer | Other | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Loans	139	164
Consumer | Other | Performing
Financing Receivable, Recorded Investment [Line Items]
Loans	7,548	8,034
Commercial business
Financing Receivable, Recorded Investment [Line Items]
Loans	13,623	14,764
Commercial business | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans	8,083	8,449
Commercial business | Watch
Financing Receivable, Recorded Investment [Line Items]
Loans	5,117	5,795
Commercial business | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans	0	62
Commercial business | Sub-standard
Financing Receivable, Recorded Investment [Line Items]
Loans	423	458
Commercial business | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Commercial business | Performing
Financing Receivable, Recorded Investment [Line Items]
Loans	13,623	14,764
One-to-four family | Real Estate | Real estate loans
Financing Receivable, Recorded Investment [Line Items]
Loans	275,728	256,696
One-to-four family | Real Estate | Real estate loans | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans	268,154	247,491
One-to-four family | Real Estate | Real estate loans | Watch
Financing Receivable, Recorded Investment [Line Items]
Loans	3,240	2,458
One-to-four family | Real Estate | Real estate loans | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans	1,578	794
One-to-four family | Real Estate | Real estate loans | Sub-standard
Financing Receivable, Recorded Investment [Line Items]
Loans	2,756	5,953
One-to-four family | Real Estate | Real estate loans | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Loans	1,670	4,232
One-to-four family | Real Estate | Real estate loans | Performing
Financing Receivable, Recorded Investment [Line Items]
Loans	274,058	252,464
Multi-family | Real Estate | Real estate loans
Financing Receivable, Recorded Investment [Line Items]
Loans	44,104	33,086
Multi-family | Real Estate | Real estate loans | Pass
Financing Receivable, Recorded Investment [Line Items]
Loans	37,453	22,907
Multi-family | Real Estate | Real estate loans | Watch
Financing Receivable, Recorded Investment [Line Items]
Loans	6,104	9,550
Multi-family | Real Estate | Real estate loans | Special Mention
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Multi-family | Real Estate | Real estate loans | Sub-standard
Financing Receivable, Recorded Investment [Line Items]
Loans	547	629
Multi-family | Real Estate | Real estate loans | Nonperforming
Financing Receivable, Recorded Investment [Line Items]
Loans	0	0
Multi-family | Real Estate | Real estate loans | Performing
Financing Receivable, Recorded Investment [Line Items]
Loans	$ 44,104	$ 33,086

Loans Receivable - Troubled Deb

Loans Receivable - Troubled Debt Restructurings (Details) $ in Thousands	6 Months Ended
	Dec. 31, 2015USD ($)contract	Dec. 31, 2014contract	Jun. 30, 2015USD ($)
Loans and Leases Receivable Disclosure [Abstract]
Total TDR loans	$ 7,430		$ 7,746
Allowance for loan losses related to TDR loans	362		272
Total nonaccrual TDR loans	$ 897		$ 5,676
Financing Receivable, Modifications [Line Items]
Number of Contracts | contract		0
Real Estate | Real estate loans
Financing Receivable, Modifications [Line Items]
Number of Contracts | contract	2
Total Modifications	$ 379
Real Estate | Real estate loans | Rate Modification
Financing Receivable, Modifications [Line Items]
Total Modifications	0
Real Estate | Real estate loans | Term Modification
Financing Receivable, Modifications [Line Items]
Total Modifications	0
Real Estate | Real estate loans | Combination Modification
Financing Receivable, Modifications [Line Items]
Total Modifications	$ 379

Loans Receivable - Troubled D38

Loans Receivable - Troubled Debt Restructured Loans by Class (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Financing Receivable, Modifications [Line Items]
Accrual loans	$ 6,533	$ 2,070
Nonaccrual loans	897	5,676
Total TDR loans	7,430	7,746
Commercial business
Financing Receivable, Modifications [Line Items]
Accrual loans	383	0
Nonaccrual loans	0	403
Total TDR loans	383	403
Commercial real estate | Real Estate
Financing Receivable, Modifications [Line Items]
Accrual loans	1,200	147
Nonaccrual loans	139	1,216
Total TDR loans	1,339	1,363
Construction and land | Real Estate
Financing Receivable, Modifications [Line Items]
Accrual loans	0	0
Nonaccrual loans	0	0
Total TDR loans	0	0
Home equity | Consumer
Financing Receivable, Modifications [Line Items]
Accrual loans	506	79
Nonaccrual loans	0	349
Total TDR loans	506	428
Other | Consumer
Financing Receivable, Modifications [Line Items]
Accrual loans	0	0
Nonaccrual loans	0	0
Total TDR loans	0	0
One-to-four family | Real estate loans | Real Estate
Financing Receivable, Modifications [Line Items]
Accrual loans	3,897	1,844
Nonaccrual loans	758	3,079
Total TDR loans	4,655	4,923
Multi-family | Real estate loans | Real Estate
Financing Receivable, Modifications [Line Items]
Accrual loans	547	0
Nonaccrual loans	0	629
Total TDR loans	$ 547	$ 629

Loans Receivable - Narrative (D

Loans Receivable - Narrative (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015USD ($)contract	Dec. 31, 2014contract	Dec. 31, 2015USD ($)contract	Dec. 31, 2014contract	Jun. 30, 2015USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans | $	$ 533,408		$ 533,408		$ 493,881
Number of troubled debt restructuring loans | contract	0	0	0	0
Number of loans modified within 12 months prior for which there was a payment default | contract				0
Sub-standard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans | $	$ 5,765		$ 5,765		$ 9,851

Deposits - Summary of Deposits

Deposits - Summary of Deposits (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Jun. 30, 2015
Weighted Average Rate of Deposits, by Type [Abstract] [Abstract]
Weighted-Average Interest Rate, Savings	0.04%		0.04%		0.04%
Weighted-Average Interest Rate, Transaction accounts	0.01%		0.01%		0.01%
Weighted-Average Interest Rate, Insured money market accounts	0.22%		0.22%		0.17%
Weighted-Average Interest Rate, Certificates of deposit and jumbo certificates	0.99%		0.99%		0.94%
Deposits, by Type [Abstract]
Savings	$ 89,654		$ 89,654		$ 88,129
Transaction accounts	207,645		207,645		183,890
Money market accounts	241,492		241,492		227,217
Certificates of deposit and jumbo certificates	146,302		146,302		147,928
Total Deposits	$ 685,093		$ 685,093		$ 647,164
Weighted-average interest rate	0.30%		0.30%		0.28%
Time Deposits, Fiscal Year Maturity [Abstract]
Within one year or less	$ 75,533		$ 75,533		$ 71,474
After one year through two years	28,022		28,022		33,336
After two years through three years	18,501		18,501		19,225
After three years through four years	14,174		14,174		14,504
After four years through five years	9,894		9,894		9,183
After five years	178		178		206
Total time deposits	146,302		146,302		$ 147,928
Interest Expense, Deposits [Abstract]
Savings	10	$ 10	19	$ 19
Transaction accounts	4	2	7	5
Insured money market accounts	145	97	286	191
Certificates of deposit and jumbo certificates	351	273	699	538
Interest expense	$ 510	$ 382	$ 1,011	$ 753

Deposits - Narrative (Details)

Deposits - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2015	Jun. 30, 2015
Banking and Thrift [Abstract]
Time deposits, $250,000 or more	$ 37.4	$ 36.3
Public fund deposits	44.5	44.2
Investment securities pledged as collateral, carrying value	$ 53.9	$ 42.7

Federal Taxes on Income (Detail

Federal Taxes on Income (Details) - USD ($)	6 Months Ended	12 Months Ended
	Dec. 31, 2015	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Retained earnings on which federal income taxes have not been provided	$ 6,400,000
Deferred tax asset carryforward	3,300,000
Valuation allowance	1,900,000	$ 1,900,000
Deferred net tax asset	1,400,000	188,000
Unrecognized tax assets	0	0
Interest and penalties recognized	$ 0	$ 0

Earnings per Share (Details)

Earnings per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2015	Dec. 31, 2014	Jun. 30, 2015
Numerator:
Net income	$ 713	$ 882	$ 1,941	$ 1,731
Denominator for basic and diluted earnings per share -
Weighted average common shares outstanding	12,094,515		12,094,515
Basic and diluted earnings per share (in dollars per share)	$ 0.06		$ 0.16
Total ESOP shares	1,048,029		1,048,029		952,799
Unallocated shares	1,005,845		1,005,845		935,290

Employee Benefits (Details)

Employee Benefits (Details) - USD ($) $ / shares in Units, $ in Thousands	Jan. 29, 2015	Dec. 31, 2015	Dec. 31, 2015	Dec. 31, 2014	Jun. 30, 2015
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Minimum service period (over 12 month period)			1000 hours
Requisite service period			12 months
Percentage of shares to be purchased	8.00%
Number of shares to be purchased	1,048,029
Average purchase price (in dollars per share)	$ 12.45
ESOP loan payable, amortization period			20 years
ESOP loan payable, estimated interest rate			2.46%
Allocation of ESOP shares		$ 159	$ 307	$ 0
Employee Stock Ownership Plan (ESOP), Shares in ESOP [Abstract]
Allocated shares		17,509	17,509		17,509
Committed to be released shares		24,675	24,675		0
Unallocated shares		1,005,845	1,005,845		935,290
Total ESOP shares		1,048,029	1,048,029		952,799
Fair value of unallocated shares		$ 14,233	$ 14,233		$ 11,532

Fair Value Accounting and Mea45

Fair Value Accounting and Measurement - Company Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	$ 305,131	$ 299,040
Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	305,131	299,040
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	305,131	299,040
Recurring | Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	26,475	17,274
Recurring | Agency bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	23,351	23,774
Recurring | ABS agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	8,418	9,201
Recurring | ABS corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	29,307	29,634
Recurring | SBA
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	9,828	34,328
Recurring | MBS agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	159,466	176,877
Recurring | MBS corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	48,286	7,952
Recurring | Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) | Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) | Agency bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) | ABS agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) | ABS corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) | SBA
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) | MBS agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) | MBS corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	305,131	299,040
Recurring | Significant Other Observable Inputs (Level 2) | Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	26,475	17,274
Recurring | Significant Other Observable Inputs (Level 2) | Agency bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	23,351	23,774
Recurring | Significant Other Observable Inputs (Level 2) | ABS agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	8,418	9,201
Recurring | Significant Other Observable Inputs (Level 2) | ABS corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	29,307	29,634
Recurring | Significant Other Observable Inputs (Level 2) | SBA
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	9,828	34,328
Recurring | Significant Other Observable Inputs (Level 2) | MBS agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	159,466	176,877
Recurring | Significant Other Observable Inputs (Level 2) | MBS corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	48,286	7,952
Recurring | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Significant Unobservable Inputs (Level 3) | Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Significant Unobservable Inputs (Level 3) | Agency bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Significant Unobservable Inputs (Level 3) | ABS agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Significant Unobservable Inputs (Level 3) | ABS corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Significant Unobservable Inputs (Level 3) | SBA
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Significant Unobservable Inputs (Level 3) | MBS agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Significant Unobservable Inputs (Level 3) | MBS corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	$ 0	$ 0

Fair Value Accounting and Mea46

Fair Value Accounting and Measurement - Schedule of Assets On A Nonrecurring Basis (Details) - USD ($) $ in Thousands	6 Months Ended		12 Months Ended
	Dec. 31, 2015		Jun. 30, 2015
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 9,136		$ 10,760
Real estate owned and repossessed assets	$ 158		$ 1,914
Impaired loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value inputs, discount to appraisal rate	2.00%	[1]	2.00%	[2]
Impaired loans | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value inputs, discount to appraisal rate	0.00%	[1]	0.00%	[2]
Impaired loans | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value inputs, discount to appraisal rate	25.00%	[1]	25.00%	[2]
Real estate owned and repossessed assets
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value inputs, discount to appraisal rate	9.00%	[1]	1.00%	[2]
Real estate owned and repossessed assets | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value inputs, discount to appraisal rate	0.00%	[1]	0.00%	[2]
Real estate owned and repossessed assets | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value inputs, discount to appraisal rate	10.00%	[1]	8.00%	[2]
Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 9,136		$ 10,760
Real estate owned and repossessed assets	158		1,914
Total assets measured at fair value	9,294		12,674
Nonrecurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0		0
Real estate owned and repossessed assets	0		0
Total assets measured at fair value	0		0
Nonrecurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0		0
Real estate owned and repossessed assets	0		0
Total assets measured at fair value	0		0
Nonrecurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	9,136		10,760
Real estate owned and repossessed assets	158		1,914
Total assets measured at fair value	$ 9,294		$ 12,674
[1]	Discount to appraisal disposition value.
[2]	Discount to appraisal disposition value.

Fair Value Accounting and Mea47

Fair Value Accounting and Measurement - Carrying Value and Estimated Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Jun. 30, 2015
Financial assets
Investment securities available for sale	$ 305,131	$ 299,040
Investment securities held to maturity	60,089	62,510
Accrued interest receivable	2,868	2,546
Financial liabilities
Accrued interest payable	210	265
Carrying Value
Financial assets
Cash and cash equivalents	23,660	45,030
Investment securities available for sale	305,131	299,040
Investment securities held to maturity	58,872	61,524
Loans held for sale		110
Loans receivable, net	527,144	487,887
FHLB stock	4,197	4,807
Accrued interest receivable	2,868	2,546
Mortgage servicing rights, net	1,055	1,187
Financial liabilities
Borrowings	75,154	90,033
Accrued interest payable	210	265
Fair Value
Financial assets
Cash and cash equivalents	23,660	45,030
Investment securities available for sale	305,131	299,040
Investment securities held to maturity	60,089	62,510
Loans held for sale		110
Loans receivable, net	530,476	493,270
FHLB stock	4,197	4,807
Accrued interest receivable	2,868	2,546
Mortgage servicing rights, net	1,652	1,837
Financial liabilities
Borrowings	78,716	93,426
Accrued interest payable	210	265
Level 1
Financial assets
Cash and cash equivalents	23,660	45,030
Investment securities available for sale	0	0
Investment securities held to maturity	0	0
Loans held for sale		0
Loans receivable, net	0	0
FHLB stock	0	0
Accrued interest receivable	0	0
Mortgage servicing rights, net	0	0
Financial liabilities
Borrowings	0	0
Accrued interest payable	0	0
Level 2
Financial assets
Cash and cash equivalents	0	0
Investment securities available for sale	305,131	299,040
Investment securities held to maturity	60,089	62,510
Loans held for sale		110
Loans receivable, net	0	0
FHLB stock	4,197	4,807
Accrued interest receivable	2,868	2,546
Mortgage servicing rights, net	0	0
Financial liabilities
Borrowings	78,716	93,426
Accrued interest payable	210	265
Level 3
Financial assets
Cash and cash equivalents	0	0
Investment securities available for sale	0	0
Investment securities held to maturity	0	0
Loans held for sale		0
Loans receivable, net	530,476	493,270
FHLB stock	0	0
Accrued interest receivable	0	0
Mortgage servicing rights, net	1,652	1,837
Financial liabilities
Borrowings	0	0
Accrued interest payable	0	0
Demand deposits | Carrying Value
Financial liabilities
Deposits	538,791	499,236
Demand deposits | Fair Value
Financial liabilities
Deposits	538,791	499,236
Demand deposits | Level 1
Financial liabilities
Deposits	538,791	499,236
Demand deposits | Level 2
Financial liabilities
Deposits	0	0
Demand deposits | Level 3
Financial liabilities
Deposits	0	0
Time deposits | Carrying Value
Financial liabilities
Deposits	146,302	147,928
Time deposits | Fair Value
Financial liabilities
Deposits	146,273	148,436
Time deposits | Level 1
Financial liabilities
Deposits	0	0
Time deposits | Level 2
Financial liabilities
Deposits	146,273	148,436
Time deposits | Level 3
Financial liabilities
Deposits	$ 0	$ 0