Northeast Bank (NBN) 10-Q 13 Nov 15 2016 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Sep. 30, 2015	Nov. 08, 2015
Document Information [Line Items]
Entity Registrant Name	NORTHEAST BANCORP /ME/
Trading Symbol	nbn
Document Type	10-Q
Current Fiscal Year End Date	--06-30
Amendment Flag	false
Entity Central Index Key	811,831
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Well-known Seasoned Issuer	No
Document Period End Date	Sep. 30, 2015
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q1
Nonvoting Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		1,022,717
Voting Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		8,559,312

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2015	Jun. 30, 2015
Assets
Cash and due from banks	$ 2,979	$ 2,789
Short-term investments	83,234	87,061
Total cash and cash equivalents	86,213	89,850
Available-for-sale securities, at fair value	101,344	101,908
Residential real estate loans held for sale	5,366	7,093
SBA loans held for sale	2,170	1,942
Total loans held for sale	7,536	9,035
Loans	625,842	612,137
Less: Allowance for loan losses	2,065	1,926
Loans, net	623,777	610,211
Premises and equipment, net	8,460	8,253
Real estate owned and other repossessed collateral, net	1,279	1,651
Federal Home Loan Bank stock, at cost	4,102	4,102
Intangible assets, net	2,078	2,209
Bank owned life insurance	15,387	15,276
Other assets	8,073	8,223
Total assets	858,249	850,718
Deposits:
Demand	62,687	60,383
Savings and interest checking	106,679	100,134
Money market	182,690	168,527
Time	341,422	345,715
Total deposits	693,478	674,759
Federal Home Loan Bank advances	30,159	30,188
Wholesale repurchase agreements		10,037
Short-term borrowings	2,479	2,349
Junior subordinated debentures issued to affiliated trusts	8,674	8,626
Capital lease obligation	1,312	1,368
Other liabilities	8,443	10,664
Total liabilities	$ 744,545	$ 737,991
Commitments and contingencies
Stockholders' equity
Preferred stock, $1.00 par value, 1,000,000 shares authorized; no shares issued and outstanding at September 30, 2015 and June 30, 2015
Additional paid-in capital	$ 84,937	$ 85,506
Retained earnings	20,693	18,921
Accumulated other comprehensive loss	(1,519)	(1,288)
Total stockholders' equity	113,704	112,727
Total liabilities and stockholders' equity	858,249	850,718
Voting Common Stock [Member]
Stockholders' equity
Common stock	8,570	8,575
Nonvoting Common Stock [Member]
Stockholders' equity
Common stock	$ 1,023	$ 1,013

Consolidated Balance Sheets (C3

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares	Sep. 30, 2015	Jun. 30, 2015
Preferred stock, par value (in dollars per share) (in Dollars per share)	$ 1	$ 1
Preferred stock, shares authorized	1,000,000	1,000,000
Preferred stock, shared issued	0	0
Preferred stock, shares outstanding	0	0
Voting Common Stock [Member]
Common stock, par value (in dollars per share) (in Dollars per share)	$ 1	$ 1
Common stock, shares authorized	25,000,000	25,000,000
Common stock, shares issued	8,569,612	8,575,144
Common stock, outstanding	8,569,612	8,575,144
Nonvoting Common Stock [Member]
Common stock, par value (in dollars per share) (in Dollars per share)	$ 1	$ 1
Common stock, shares authorized	3,000,000	3,000,000
Common stock, shares issued	1,022,717	1,012,739
Common stock, outstanding	1,022,717	1,012,739

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Interest and dividend income:
Interest and fees on loans	$ 10,790	$ 10,922
Interest on available-for-sale securities	228	244
Other interest and dividend income	95	66
Total interest and dividend income	11,113	11,232
Interest expense:
Deposits	1,365	1,130
Federal Home Loan Bank advances	260	323
Wholesale repurchase agreements	67	73
Short-term borrowings	9	9
Junior subordinated debentures issued to affiliated trusts	154	206
Obligation under capital lease agreements	17	20
Total interest expense	1,872	1,761
Net interest and dividend income before provision for loan losses	9,241	9,471
Provision for loan losses	169	320
Net interest and dividend income after provision for loan losses	9,072	9,151
Noninterest income:
Fees for other services to customers	408	394
Gain on sales of residential loans held for sale	560	584
Gain on sales of portfolio loans	675	80
Loss recognized on real estate owned and other repossessed collateral, net	(59)	(23)
Bank-owned life insurance income	112	109
Other noninterest income	9	10
Total noninterest income	1,705	1,154
Noninterest expense:
Salaries and employee benefits	4,256	4,533
Occupancy and equipment expense	1,290	1,202
Professional fees	430	308
Data processing fees	349	345
Marketing expense	70	69
Loan acquisition and collection expense	451	274
FDIC insurance premiums	114	124
Intangible asset amortization	131	166
Other noninterest expense	719	689
Total noninterest expense	7,810	7,710
Income before income tax expense	2,967	2,595
Income tax expense	1,100	948
Net income	$ 1,867	$ 1,647
Weighted average shares outstanding during the period:
Basic (in Shares)	9,562,812	10,180,038
Diluted (in Shares)	9,562,812	10,180,038
Earnings per common share:
Basic (in Dollars per share)	$ 0.20	$ 0.16
Diluted (in Dollars per share)	0.20	0.16
Cash dividends declared per common share (in Dollars per share)	$ 0.01	$ 0.01

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Net income	$ 1,867	$ 1,647
Available-for-sale securities:
Change in net unrealized gain (loss) on available-for-sale securities	466	(275)
Total available-for-sale securities	466	(275)
Derivatives and hedging activities:
Change in accumulated loss on effective cash flow hedges	(838)	(272)
Reclassification adjustments for net gains included in net income		(9)
Total derivatives and hedging activities	(838)	(281)
Total other comprehensive loss, before tax	(372)	(556)
Income tax benefit related to other comprehensive loss	(141)	(188)
Other comprehensive loss, net of tax	(231)	(368)
Comprehensive income	$ 1,636	$ 1,279

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - USD ($) $ in Thousands	Voting Common Stock [Member]Common Stock [Member]	Nonvoting Common Stock [Member]Common Stock [Member]	Preferred Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balance at Jun. 30, 2014	$ 9,260	$ 881	$ 0	$ 90,914	$ 12,294	$ (1,283)	$ 112,066
Balance (in Shares) at Jun. 30, 2014	9,260,331	880,963	0
Balance at Sep. 30, 2014	$ 9,367	$ 881	$ 0	90,809	13,839	(1,651)	113,245
Balance (in Shares) at Sep. 30, 2014	9,367,071	880,963	0
Net income					1,647		1,647
Other comprehensive loss, net of tax						(368)	(368)
Common stock repurchased	$ (14)			(120)			(134)
Common stock repurchased (in Shares)	(14,400)
Dividends on common stock					(102)		(102)
Stock-based compensation				136			136
Issuance of restricted common stock	$ 128			(128)
Issuance of restricted common stock (in Shares)	128,000
Forfeiture of restricted common stock	$ (7)			7
Forfeiture of restricted common stock (in Shares)	(6,860)
Balance at Jun. 30, 2015	$ 8,575	$ 1,013	$ 0	85,506	18,921	(1,288)	112,727
Balance (in Shares) at Jun. 30, 2015	8,575,144	1,012,739	0
Balance at Sep. 30, 2015	$ 8,570	$ 1,023	$ 0	84,937	20,693	(1,519)	113,704
Balance (in Shares) at Sep. 30, 2015	8,569,612	1,022,717	0
Net income					1,867		1,867
Other comprehensive loss, net of tax						$ (231)	(231)
Common stock repurchased	$ (53)			(495)			(548)
Common stock repurchased (in Shares)	(52,500)
Conversion of voting common stock to non-voting common stock	$ (10)	$ 10
Conversion of voting common stock to non-voting common stock (in Shares)	(9,978)	9,978
Dividends on common stock					$ (95)		(95)
Stock-based compensation				(16)			$ (16)
Issuance of restricted common stock	$ 98			(98)
Issuance of restricted common stock (in Shares)	97,500
Forfeiture of restricted common stock	$ (40)			$ 40
Forfeiture of restricted common stock (in Shares)	(40,554)

Consolidated Statements of Cha7

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Dividends per share	$ 0.01	$ 0.01

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Operating activities:
Net income	$ 1,867	$ 1,647
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Provision for loan losses	169	320
Loss (gain) on sale and impairment of real estate owned and other repossessed collateral, net	59	23
Originations of residential loans held for sale	(26,877)	(27,676)
Net proceeds from sales of residential loans held for sale	29,164	31,136
Gain on sales of residential loans held for sale, net	(560)	(584)
Gain on sales of portfolio loans, net	(675)	(80)
Amortization of intangible assets	131	166
Bank-owned life insurance income, net	(112)	(109)
Depreciation of premises and equipment	405	432
Loss on sale and disposal of premises and equipment, net	6	28
Stock-based compensation	(16)	136
Amortization of available-for-sale securities, net	222	262
Changes in other assets and liabilities:
Other assets	521	(367)
Other liabilities	(3,059)	(1,284)
Net cash (used in) provided by operating activities	(1,030)	814
Investing activities:
Purchases of available-for-sale securities	(5,000)
Proceeds from maturities and principal payments on available-for-sale securities	5,808	2,994
Loan purchases	(23,458)	(13,167)
Proceeds from sales of portfolio loans	6,154	793
Loan originations, principal collections, and purchased loan paydowns, net	5,712	(10,213)
Purchases and disposals of premises and equipment, net	(618)	(105)
Proceeds from sales of real estate owned and other repossessed collateral	642	88
Net cash used in investing activities	(10,760)	(19,610)
Financing activities:
Net increase in deposits	18,722	19,530
Net increase in short-term borrowings	130	820
Repurchase of common stock	(548)	(134)
Dividends paid on common stock	(95)	(102)
Repayment of wholesale repurchase agreements	(10,000)
Repayment of capital lease obligation	(56)	(47)
Net cash provided by financing activities	8,153	20,067
Net (decrease) increase in cash and cash equivalents	(3,637)	1,271
Cash and cash equivalents, beginning of period	89,850	82,259
Cash and cash equivalents, end of period	86,213	83,530
Supplemental schedule of noncash investing and financing activities:
Transfers from loans to real estate owned and other repossessed collateral	323	209
Loans Location [Member]
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Accretion of fair value adjustments	(2,248)	(3,097)
Deposits Location [Member]
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Accretion of fair value adjustments	(3)	(64)
Borrowing Location [Member]
Adjustments to reconcile net income to net cash (used in) provided by operating activities:
Accretion of fair value adjustments	$ (18)	$ (47)

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	3 Months Ended
	Sep. 30, 2015
Disclosure Text Block [Abstract]
Basis of Accounting [Text Block]	1. Basis of Presentation The accompanying unaudited condensed and consolidated interim financial statements include the accounts of Northeast Bancorp (“Northeast” or the “Company”) and its wholly-owned subsidiary, Northeast Bank (the “Bank”). These financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) for interim financial information and with the instructions to Form 10-Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, the accompanying consolidated financial statements contain all adjustments (consisting principally of normal recurring accruals) considered necessary for a fair presentation of the Company's financial position, results of operations, and cash flows for the interim periods presented. These financial statements and notes should be read in conjunction with the audited consolidated financial statements and notes thereto for the fiscal year ended June 30, 2015 (“Fiscal 2015”) included in the Company's Annual Report on Form 10-K filed with the Securities and Exchange Commission.

Note 2 - Recent Accounting Pron

Note 2 - Recent Accounting Pronouncements	3 Months Ended
	Sep. 30, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	2. Recent Accounting Pronouncements In January 2014, the FASB issued ASU No. 2014-01, Investments—Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Qualified Affordable Housing Projects See Part I. Item I. “Notes to Unaudited Consolidated Financial Statements – Note 6: Investments in Qualified Affordable Housing Projects” for further discussion and related effect. In May 2014, the Financial Accounting Standards Board (“FASB”) issued ASU 2014-09 , Revenue from Contracts with Customers (Topic 606) In June 2014, the FASB issued ASU 2014-11, Transfers and Servicing (Topic 860): Repurchase-to-Maturity Transactions, Repurchase Financings, and Disclosures In August 2014, the FASB issued ASU 2014-14, Receivables - Troubled Debt Restructurings by Creditors (Subtopic 310-40): Classification of Certain Government-Guaranteed Mortgage Loans upon Foreclosure (“ ”) In May 2015, the FASB issued ASU 2015-07, Disclosures for Investments in Certain Entities That Calculate Net Asset Value per Share (or Its Equivalent) See Part I. Item I. “Notes to Unaudited Consolidated Financial Statements – Note 11: Fair Value Measurements” for further discussion and related effect.

Note 3 - Securities Available-f

Note 3 - Securities Available-for-Sale	3 Months Ended
	Sep. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	3. Securities Available-for-Sale The following presents a summary of the amortized cost, gross unrealized holding gains and losses, and fair value of securities available for sale. September 30, 2015 Amortized Gross Unrealized Gross Unrealized Fair Cost Gains Losses Value (Dollars in thousands) U.S. Government agency securities $ 45,134 $ 34 $ (1 ) $ 45,167 Agency mortgage-backed securities 51,562 21 (438 ) 51,145 Other investments measured at net asset value 5,018 14 - 5,032 $ 101,714 $ 69 $ (439 ) $ 101,344 June 30, 2015 Amortized Gross Unrealized Gross Unrealized Fair Cost Gains Losses Value (Dollars in thousands) U.S. Government agency securities $ 48,191 $ 40 $ (1 ) $ 48,230 Agency mortgage-backed securities 54,553 2 (877 ) 53,678 Other investments measured at net asset value - - - - $ 102,744 $ 42 $ (878 ) $ 101,908 When securities are sold, the adjusted cost of the specific security sold is used to compute the gain or loss on sale. There were no securities sold during the three months ended September 30, 2015 or 2014. At September 30, 2015, investment securities with a fair value of approximately $3.0 million were pledged as collateral to secure outstanding borrowings. The following summarizes the Company’s gross unrealized losses and fair values aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position. September 30, 2015 Less than 12 Months More than 12 Months Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (Dollars in thousands) U.S. Government agency securities $ 2,997 $ (1 ) $ - $ - $ 2,997 $ (1 ) Agency mortgage-backed securities 7,871 (34 ) 39,617 (404 ) 47,488 (438 ) $ 10,868 $ (35 ) $ 39,617 $ (404 ) $ 50,485 $ (439 ) June 30, 2015 Less than 12 Months More than 12 Months Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (Dollars in thousands) U.S. Government agency securities $ 2,999 $ (1 ) $ - $ - $ 2,999 $ (1 ) Agency mortgage-backed securities 10,295 (106 ) 41,349 (771 ) 51,644 (877 ) $ 13,294 $ (107 ) $ 41,349 $ (771 ) $ 54,643 $ (878 ) There were no other-than-temporary impairment losses on securities during the three months ended September 30, 2015 or 2014. At September 30, 2015, the Company had sixteen securities in a continuous loss position for greater than twelve months. At September 30, 2015, all of the Company’s available-for-sale securities were issued or guaranteed by either government agencies or government-sponsored enterprises. The decline in fair value of the Company’s available-for-sale securities at September 30, 2015 is attributable to changes in interest rates. Management of the Company, in addition to considering current trends and economic conditions that may affect the quality of individual securities within the Company’s investment portfolio, also considers the Company’s ability and intent to hold such securities to maturity or recovery of cost. At September 30, 2015, it is more likely than not that the Company will not sell or be required to sell the investment securities before recovery of its amortized cost. As such, management does not believe any of the Company’s available-for-sale securities are other-than-temporarily impaired at September 30, 2015. The investment measured at net asset value is a fund that seeks to invest in securities either issued or guaranteed by the U.S. government or its agencies. The underlying composition of the fund is primarily government agencies or other investment-grade investments. The effective duration of the investments is 4.32 years. The amortized cost and fair values of available-for-sale debt securities by contractual maturity are shown below as of September 30, 2015. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Amortized Fair Cost Value (Dollars in thousands) Due within one year $ 33,077 $ 33,095 Due after one year through five years 12,058 12,072 Due after five years through ten years 24,618 24,516 Due after ten years 26,943 26,629 Total $ 96,696 $ 96,312

Note 4 - Loans, Allowance for L

Note 4 - Loans, Allowance for Loan Losses and Credit Quality	3 Months Ended
	Sep. 30, 2015
Receivables [Abstract]
Financing Receivables [Text Block]	4. Loans, Allowance for Loan Losses and Credit Quality Loans are carried at the principal amounts outstanding, or amortized acquired fair value in the case of acquired loans, adjusted by partial charge-offs and net of deferred loan costs or fees. Loan fees and certain direct origination costs are deferred and amortized into interest income over the expected term of the loan using the level-yield method. When a loan is paid off, the unamortized portion is recognized in interest income. Interest income is accrued based upon the daily principal amount outstanding except for loans on nonaccrual status. Loans purchased by the Company are accounted for under ASC 310-30, Receivables — Loans and Debt Securities Acquired with Deteriorated Credit Quality Loans are generally placed on nonaccrual status when they are past due 90 days as to either principal or interest, or when in management’s judgment the collectability of interest or principal of the loan has been significantly impaired. Loans accounted for under ASC 310-30 are placed on nonaccrual when it is not possible to reach a reasonable expectation of the timing and amount of cash flows to be collected on the loan. When a loan has been placed on nonaccrual status, previously accrued and uncollected interest is reversed against interest on loans. Interest on nonaccrual loans is accounted for on a cash-basis or using the cost-recovery method when collectability is doubtful. A loan is returned to accrual status when collectability of principal is reasonably assured and the loan has performed for a reasonable period of time. In cases where a borrower experiences financial difficulties and the Company makes certain concessionary modifications to contractual terms, the loan is classified as a troubled debt restructuring (“TDR”), and therefore by definition is an impaired loan. Concessionary modifications may include adjustments to interest rates, extensions of maturity, and other actions intended to minimize economic loss and avoid foreclosure or repossession of collateral. For loans accounted for under ASC 310-30, the Company evaluates whether it has granted a concession by comparing the restructured debt terms to the expected cash flows at acquisition plus any additional cash flows expected to be collected arising from changes in estimate after acquisition. As a result, if an ASC 310-30 loan is modified to be consistent with, or better than, the Company’s expectations at acquisition, the loan would not qualify as a TDR. Nonaccrual loans that are restructured generally remain on nonaccrual status for a minimum period of six months to demonstrate that the borrower can meet the restructured terms. If the restructured loan is on accrual status prior to being modified, it is reviewed to determine if the modified loan should remain on accrual status. If the borrower’s ability to meet the revised payment schedule is not reasonably assured, the loan is classified as a nonaccrual loan. With limited exceptions, loans classified as TDRs remain classified as such until the loan is paid off. The composition of the Company’s loan portfolio is as follows on the dates indicated. September 30, 2015 June 30, 2015 Originated Purchased Total Originated Purchased Total (Dollars in thousands) Residential real estate $ 102,570 $ 3,214 $ 105,784 $ 106,275 $ 2,068 $ 108,343 Home equity 22,480 - 22,480 24,326 - 24,326 Commercial real estate 152,873 210,727 363,600 148,425 200,251 348,676 Commercial business 126,476 258 126,734 122,860 273 123,133 Consumer 7,244 - 7,244 7,659 - 7,659 Total loans $ 411,643 $ 214,199 $ 625,842 $ 409,545 $ 202,592 $ 612,137 Past Due and Nonaccrual Loans The following is a summary of past due and non-accrual loans: September 30, 2015 Past Due Past Due 90 Days or 90 Days or Total Non- 30-59 60-89 More-Still More- Past Total Total Accrual Days Days Accruing Nonaccrual Due Current Loans Loans (Dollars in thousands) Originated portfolio: Residential real estate $ 176 $ 950 $ - $ 1,658 $ 2,784 $ 99,786 $ 102,570 $ 3,165 Home equity - - - 20 20 22,460 22,480 20 Commercial real estate 219 173 - 402 794 152,079 152,873 529 Commercial business 22 - - 2 24 126,452 126,476 2 Consumer 198 41 - 50 289 6,955 7,244 153 Total originated portfolio 615 1,164 - 2,132 3,911 407,732 411,643 3,869 Purchased portfolio: Residential real estate - - - - - 3,214 3,214 - Commercial business - - - - - 258 258 - Commercial real estate 1,009 1,110 - 2,407 4,526 206,201 210,727 6,939 Total purchased portfolio 1,009 1,110 - 2,407 4,526 209,673 214,199 6,939 Total loans $ 1,624 $ 2,274 $ - $ 4,539 $ 8,437 $ 617,405 $ 625,842 $ 10,808 June 30, 2015 Past Due Past Due 90 Days or 90 Days or Total Non- 30-59 60-89 More-Still More- Past Total Total Accrual Days Days Accruing Nonaccrual Due Current Loans Loans (Dollars in thousands) Originated portfolio: Residential real estate $ 239 $ 973 $ - $ 1,393 $ 2,605 $ 103,670 $ 106,275 $ 3,021 Home equity 9 - - 11 20 24,306 24,326 11 Commercial real estate 300 - - 704 1,004 147,421 148,425 994 Commercial business - - - 2 2 122,858 122,860 2 Consumer 105 29 - 56 190 7,469 7,659 190 Total originated portfolio 653 1,002 - 2,166 3,821 405,724 409,545 4,218 Purchased portfolio: Residential real estate - - - - - 2,068 2,068 - Commercial business - - - - - 273 273 - Commercial real estate 86 299 - 2,410 2,795 197,456 200,251 6,532 Total purchased portfolio 86 299 - 2,410 2,795 199,797 202,592 6,532 Total loans $ 739 $ 1,301 $ - $ 4,576 $ 6,616 $ 605,521 $ 612,137 $ 10,750 Allowance for Loan Losses and Impaired Loans The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. For residential and consumer loans, a charge-off is recorded no later than the point at which a loan is 180 days past due if the loan balance exceeds the fair value of the collateral, less costs to sell. For commercial loans, a charge-off is recorded on a case-by-case basis when all or a portion of the loan is deemed to be uncollectible. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses consists of general, specific, and unallocated reserves and reflects management’s estimate of probable loan losses inherent in the loan portfolio at the balance sheet date. Management uses a consistent and systematic process and methodology to evaluate the appropriateness of the allowance for loan losses on a quarterly basis. The calculation of the allowance for loan losses is segregated by portfolio segments, which include: commercial real estate, commercial business, consumer, residential real estate, and purchased loans. Risk characteristics relevant to each portfolio segment are as follows: Residential real estate: All loans in this segment are collateralized by residential real estate and repayment is primarily dependent on the credit quality, loan-to-value ratio and income of the individual borrower. The overall health of the economy, particularly unemployment rates and housing prices, has a significant effect on the credit quality in this segment. For purposes of the Company’s allowance for loan loss calculation, home equity loans and lines of credit are included in residential real estate. Commercial real estate: Loans in this segment are primarily income-producing properties. For owner-occupied properties, the cash flows are derived from an operating business, and the underlying cash flows may be adversely affected by deterioration in the financial condition of the operating business. The underlying cash flows generated by non-owner occupied properties may be adversely affected by increased vacancy rates. Management periodically obtains rent rolls, with which it monitors the cash flows of these loans. Adverse developments in either of these areas will have an adverse effect on the credit quality of this segment. For purposes of the allowance for loan losses, this segment also includes construction loans. Commercial business: Loans in this segment are made to businesses and are generally secured by the assets of the business. Repayment is expected from the cash flows of the business. Weakness in national or regional economic conditions, and a corresponding weakness in consumer or business spending, will have an adverse effect on the credit quality of this segment. Consumer: Loans in this segment are generally secured, and repayment is dependent on the credit quality of the individual borrower. Repayment of consumer loans is generally based on the earnings of individual borrowers, which may be adversely impacted by regional labor market conditions. Purchased: Loans in this segment are typically secured by commercial real estate, multi-family residential real estate, or business assets and have been acquired by the Bank’s Loan Acquisition and Servicing Group (“LASG”). Loans acquired by the LASG are, with limited exceptions, performing loans at the date of purchase. Loans in this segment acquired with specific material credit deterioration since origination are identified as purchased credit-impaired. Repayment of loans in this segment is largely dependent on cash flow from the successful operation of the property, in the case of non-owner occupied property, or operating business, in the case of owner-occupied property. Loan performance may be adversely affected by factors affecting the general economy or conditions specific to the real estate market, such as geographic location or property type. Loans in this segment are evaluated for impairment under ASC 310-30. The Company reviews expected cash flows from purchased loans on a quarterly basis. The effect of a decline in expected cash flows subsequent to the acquisition of the loan is recognized through a specific allocation in the allowance for loan losses. The general component of the allowance for loan losses is based on historical loss experience adjusted for qualitative factors stratified by loan segment. The Company does not weight periods used in that analysis to determine the average loss rate in each portfolio segment. This historical loss factor is adjusted for the following qualitative factors: ● Levels and trends in delinquencies and nonperforming loans ● Trends in the volume and nature of loans ● Trends in credit terms and policies, including underwriting standards, procedures and practices, and the experience and ability of lending management and staff ● Trends in portfolio concentration ● National and local economic trends and conditions ● Effects of changes or trends in internal risk ratings ● Other effects resulting from trends in the valuation of underlying collateral The allocated component of the allowance for loan losses relates to loans that are classified as impaired. Impairment is measured on a loan-by-loan basis for commercial business and commercial real estate loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate or the fair value of the collateral if the loan is collateral dependent. An allowance is established when the discounted cash flows or collateral value of the impaired loan is lower than the carrying value of that loan. Large groups of smaller-balance homogeneous loans, such as consumer and residential real estate loans are collectively evaluated for impairment based on the group’s historical loss experience adjusted for qualitative factors. Accordingly, the Company does not separately identify individual consumer and residential loans for individual impairment and disclosure. However, all TDRs are individually reviewed for impairment . For all portfolio segments, except loans accounted for under ASC 310-30, a loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. For the purchased loan segment, a loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to realize cash flows as expected at acquisition. For loans accounted for under ASC 310-30 for which cash flows can reasonably be estimated, loan impairment is measured based on the decrease in expected cash flows from those estimated at acquisition, excluding changes due to changes in interest rate indices and other non-credit related factors, discounted at the loan’s effective rate assumed at acquisition. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting the scheduled principal and interest payments when due . The following table sets forth activity in the Company’s allowance for loan losses. Three Months Ended September 30, 2015 Residential Commercial Commercial Real Estate Real Estate Business Consumer Purchased Unallocated Total (Dollars in thousands) Beginning balance $ 741 $ 694 $ 117 $ 35 $ 283 $ 56 $ 1,926 Provision (21 ) 62 16 31 81 - 169 Recoveries 12 5 1 2 - - 20 Charge-offs - (28 ) - (22 ) - - (50 ) Ending balance $ 732 $ 733 $ 134 $ 46 $ 364 $ 56 $ 2,065 Three Months Ended September 30, 2014 Residential Commercial Commercial Real Estate Real Estate Business Consumer Purchased Unallocated Total (Dollars in thousands) Beginning balance $ 580 $ 358 $ 48 $ 79 $ 267 $ 35 $ 1,367 Provision 358 (18 ) 1 (35 ) 4 10 320 Recoveries 5 - - 10 - - 15 Charge-offs (160 ) - - (3 ) - - (163 ) Ending balance $ 783 $ 340 $ 49 $ 51 $ 271 $ 45 $ 1,539 The following table sets forth information regarding the allowance for loan losses by portfolio segment and impairment methodology. September 30, 2015 Residential Commercial Commercial Real Estate Real Estate Business Consumer Purchased Unallocated Total (Dollars in thousands) Allowance for loan losses: Individually evaluated $ 415 $ 21 $ - $ - $ - $ - $ 436 Collectively evaluated 317 712 134 46 - 56 1,265 ASC 310-30 - - - - 364 - 364 Total $ 732 $ 733 $ 134 $ 46 $ 364 $ 56 $ 2,065 Loans: Individually evaluated $ 5,071 $ 1,866 $ 2 $ 375 $ - $ - $ 7,314 Collectively evaluated 119,979 151,007 126,474 6,869 - - 404,329 ASC 310-30 - - - - 214,199 - 214,199 Total $ 125,050 $ 152,873 $ 126,476 $ 7,244 $ 214,199 $ - $ 625,842 June 30, 2015 Residential Commercial Commercial Real Estate Real Estate Business Consumer Purchased Unallocated Total (Dollars in thousands) Allowance for loan losses: Individually evaluated $ 435 $ 21 $ - $ - $ - $ - $ 456 Collectively evaluated 306 673 117 35 - 56 1,187 ASC 310-30 - - - - 283 - 283 Total $ 741 $ 694 $ 117 $ 35 $ 283 $ 56 $ 1,926 Loans: Individually evaluated $ 4,095 $ 2,381 $ 2 $ 253 $ - $ - $ 6,731 Collectively evaluated 126,506 146,044 122,858 7,406 - - 402,814 ASC 310-30 - - - - 202,592 - 202,592 Total $ 130,601 $ 148,425 $ 122,860 $ 7,659 $ 202,592 $ - $ 612,137 The following table sets forth information regarding impaired loans. Loans accounted for under ASC 310-30 that have performed based on cash flow and accretable yield expectations determined at date of acquisition are not considered impaired assets and have been excluded from the tables below. September 30, 2015 June 30, 2015 Unpaid Unpaid Recorded Principal Related Recorded Principal Related Investment Balance Allowance Investment Balance Allowance (Dollars in thousands) Impaired loans without a valuation allowance: Originated: Residential real estate $ 3,063 $ 3,244 $ - $ 1,975 $ 2,076 $ - Consumer 328 361 - 253 262 - Commercial real estate 895 894 - 1,505 1,510 - Commercial business 2 2 - 2 2 - Purchased: Commercial real estate 8,012 10,163 - 7,673 9,606 - Total 12,300 14,664 - 11,408 13,456 - Impaired loans with a valuation allowance: Originated: Residential real estate 2,008 1,948 415 2,120 2,060 435 Consumer 47 53 - - - - Commercial real estate 971 965 21 876 870 21 Commercial business - - - - - - Purchased: Commercial real estate 2,745 3,635 309 1,208 1,644 260 Total 5,771 6,601 745 4,204 4,574 716 Total impaired loans $ 18,071 $ 21,265 $ 745 $ 15,612 $ 18,030 $ 716 The following tables set forth information regarding interest income recognized on impaired loans. Three Months Ended September 30, 2015 2014 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized (Dollars in thousands) Impaired loans without a valuation allowance: Originated: Residential real estate $ 2,520 $ 39 $ 1,201 $ 17 Consumer 290 5 196 3 Commercial real estate 1,200 7 1,088 7 Commercial business 2 - - 1 Purchased: Commercial real estate 7,842 14 3,938 75 Total 11,854 65 6,423 103 Impaired loans with a valuation allowance: Originated: Residential real estate 2,064 23 1,707 28 Consumer 23 1 35 1 Commercial real estate 924 12 1,334 20 Commercial business - - - - Purchased: Commercial real estate 1,976 36 1,573 3 Total 4,987 72 4,649 52 Total impaired loans $ 16,841 $ 137 $ 11,072 $ 155 Credit Quality The Company utilizes a ten-point internal loan rating system for commercial real estate, construction, commercial business, and certain residential loans as follows: Loans rated 1 — 6: Loans in these categories are considered “pass” rated loans. Loans in categories 1-5 are considered to have low to average risk. Loans rated 6 are considered marginally acceptable business credits and have more than average risk. Loans rated 7: Loans in this category are considered “special mention.” These loans show signs of potential weakness and are being closely monitored by management. Loans rated 8: Loans in this category are considered “substandard.” Loans classified as substandard are inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged, if any. Assets so classified have a well-defined weakness or weaknesses that jeopardize the orderly repayment of the debt. Loans rated 9: Loans in this category are considered “doubtful.” Loans classified as doubtful have all the weaknesses inherent in one graded 8 with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions and values, highly questionable and improbable. Loans rated 10: Loans in this category are considered “loss” and of such little value that their continuance as loans is not warranted. On an annual basis, or more often if needed, the Company formally reviews the ratings of all loans subject to risk ratings. Semi-annually, the Company engages an independent third-party to review a significant portion of loans within these segments. Management uses the results of these reviews as part of its annual review process. Risk ratings on purchased loans, with and without evidence of credit deterioration at acquisition, are determined relative to the Company’s recorded investment in that loan, which may be significantly lower than the loan’s unpaid principal balance. The following tables present the Company’s loans by risk rating. September 30, 2015 Originated Portfolio Commercial Commercial Purchased Real Estate Business Residential (1) Portfolio Total (Dollars in thousands) Loans rated 1- 6 $ 148,790 $ 126,452 $ 7,583 $ 200,745 $ 483,570 Loans rated 7 3,045 24 627 5,189 8,885 Loans rated 8 1,038 - 610 8,265 9,913 Loans rated 9 - - 23 - 23 Loans rated 10 - - - - - $ 152,873 $ 126,476 $ 8,843 $ 214,199 $ 502,391 June 30, 2015 Originated Portfolio Commercial Commercial Purchased Real Estate Business Residential (1) Portfolio Total (Dollars in thousands) Loans rated 1- 6 $ 142,321 $ 122,829 $ 8,049 $ 190,193 $ 463,392 Loans rated 7 4,417 31 634 5,628 10,710 Loans rated 8 1,687 - 429 6,771 8,887 Loans rated 9 - - 23 - 23 Loans rated 10 - - - - - $ 148,425 $ 122,860 $ 9,135 $ 202,592 $ 483,012 (1)Certain of the Company’s loans made for commercial purposes, but secured by residential collateral, are rated under the Company’s risk-rating system. The payment status and loan-to-value ratio are the primary credit quality indicators used for residential mortgage loans and home equity loans. Consumer loans that become 90 days or more past due, or are placed on nonaccrual regardless of past due status, are reviewed on an individual basis for impairment by assessing the net realizable value of underlying collateral and the economic condition of the borrower. Troubled Debt Restructurings The following table shows the Company’s post-modification balance of TDRs by type of modification. Three Months Ended September 30, 2015 2014 Number of Recorded Number of Recorded Contracts Investment Contracts Investment (Dollars in thousands) Extended maturity - $ - 2 $ 234 Adjusted interest rate - - - - Rate and maturity - - 4 246 Principal deferment - - 1 461 Court ordered concession - - 4 85 - $ - 11 $ 1,026 The following table shows loans modified in a TDR and the change in the recorded investment subsequent to the modifications occurring. Three Months Ended September 30, 2015 2014 Recorded Recorded Recorded Recorded Number of Investment Investment Number of Investment Investment Contracts Pre-Modification Post-Modification Contracts Pre-Modification Post-Modification (Dollars in thousands) Originated portfolio: Residential real estate - $ - $ - 9 $ 823 $ 823 Home equity - - - - - - Commercial real estate - - - 1 200 200 Commercial business - - - - - - Consumer - - - 1 3 3 Total originated portfolio - - - 11 1,026 1,026 Purchased portfolio: Residential real estate - - - - - - Commercial real estate - - - - - - Total purchased portfolio - - - - - - Total - $ - $ - 11 $ 1,026 $ 1,026 The Company considers TDRs past due 90 days or more to be in payment default. One loan modified in a TDR in the last twelve months defaulted during the three months ended September 30, 2015; the recorded investment of such loans was $50 thousand. As of September 30, 2015, there were no further commitments to lend associated with loans modified in a TDR. ASC 310-30 Loans The following table presents a summary of loans accounted for under ASC 310-30 that were acquired by the Company during the period indicated. Three Months Ended September 30, 2015 Three Months Ended September 30, 2014 (Dollars in thousands) Contractually required payments receivable $ 31,276 $ 21,108 Nonaccretable difference (291 ) (304 ) Cash flows expected to be collected 30,985 20,804 Accretable yield (7,527 ) (7,960 ) Fair value of loans acquired $ 23,458 $ 12,844 Certain of the loans accounted for under ASC 310-30 that were acquired by the Company are not accounted for using the income recognition model because the Company cannot reasonably estimate cash flows expected to be collected. These loans when acquired are placed on non-accrual. The carrying amounts of such loans are as follows. As of and for the Three Months Ended September 30, 2015 (Dollars in thousands) Loans acquired during the period $ - Loans at end of period 6,826 The following table summarizes the activity in the accretable yield for loans accounted for under ASC 310-30. Three Months Ended September 30, 2015 Three Months Ended September 30, 2014 (Dollars in thousands) Beginning balance $ 111,449 $ 109,040 Acquisitions 7,527 7,960 Accretion (3,755 ) (4,443 ) Reclassifications from non-accretable difference to accretable yield 277 10 Disposals and other changes (5,883 ) (4,215 ) Ending balance $ 109,615 $ 108,352 The following table provides information related to the unpaid principal balance and carrying amounts of ASC 310-30 loans. September 30, 2015 June 30, 2015 (Dollars in thousands) Unpaid principal balance $ 244,468 $ 235,716 Carrying amount 210,285 199,113

Note 5 - Transfers and Servicin

Note 5 - Transfers and Servicing of Financial Assets	3 Months Ended
	Sep. 30, 2015
Transfers and Servicing [Abstract]
Transfers and Servicing of Financial Assets [Text Block]	5. Transfers and Servicing of Financial Assets The Company sells loans in the secondary market and for certain loans, retains the servicing responsibility. Consideration for the sale includes the cash received as well as the related servicing rights asset. The Company receives fees for the services provided. Capitalized servicing rights as of September 30, 2015 totaled $1.3 million, compared to $1.1 million as of June 30, 2015. Mortgage loans sold in the quarter ended September 30, 2015 totaled $28.9 million, compared to $30.8 million in the quarter ended September 30, 2015. Mortgage loans serviced for others totaled $104.3 million at September 30, 2015 and $108.4 million at June 30, 2015. SBA loans sold during the quarter ended September 30, 2015 totaled $5.5 million, compared to $687 thousand in the quarter ended September 30, 2014. SBA loans serviced for others totaled $56.9 million at September 30, 2015 and $53.5 million at June 30, 2015. Mortgage and SBA loans serviced for others are accounted for as sales and therefore are not included in the accompanying consolidated balance sheets. The risks inherent in mortgage servicing assets and SBA servicing assets relate primarily to changes in prepayments that result from shifts in interest rates. Contractually specified servicing fees were $149 thousand and $125 thousand for the quarters ended September 30, 2015 and 2014, respectively, and were included as a component of loan related fees within non-interest income. The significant assumptions used in the valuation for mortgage servicing rights as of September 30, 2015 included a weighted average discount rate of 7.0% and a weighted average prepayment speed assumption of 12.7%. For the SBA servicing rights, the significant assumptions used in the valuation included a pre-payment speed assumption of 7.1% and discount rates ranging from 4.4% to 6.0%.

Note 6 - Investments in Qualifi

Note 6 - Investments in Qualified Affordable Housing Projects	3 Months Ended
	Sep. 30, 2015
Investments In Qualified Affordable Housing Projects [Abstract]
Investments In Qualified Affordable Housing Projects [Text Block]	6 . Investments in Qualified Affordable Housing Projects On July 1, 2015, the Company adopted ASU 2014-01, Accounting for Investments in Qualified Affordable Housing Projects September 30, 2015 June 30, 2015 (Dollars in thousands) Investments in affordable housing projects included in other assets $ 474 $ 508 Included in the effective tax rate for the quarter ended September 30, 2015 and 2014 is the effect of the following: Three Months Ended September 30, 2015 Three Months Ended September 30, 2014 (Dollars in thousands) Investment amortization included in income tax expense $ 92 $ 92 Tax credit recognized as income tax benefit 118 118 ASU 2014-01 was applied retrospectively to all periods presented. The cumulative effect on retained earnings and other assets was $112 thousand at July 1, 2015.

Note 7 - Earnings Per Share (EP

Note 7 - Earnings Per Share (EPS)	3 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share [Text Block]	7 . Earnings Per Share (EPS) EPS is computed by dividing net income allocated to common shareholders by the weighted average common shares outstanding (including participating securities). The Company’s only participating securities are unvested restricted stock awards that contain non-forfeitable rights to dividends. The following table shows the weighted average number of shares outstanding for the periods indicated. Shares issuable relative to stock options granted have been reflected as an increase in the shares outstanding used to calculate diluted EPS, after applying the treasury stock method. The number of shares outstanding for basic and diluted EPS is presented as follows : Three months Ended September 30, 2015 2014 (Dollars in thousands, except share and per share data) Net income 1,867 1,647 Preferred stock dividends or accretion - - Net income available to common shareholders $ 1,867 $ 1,647 Weighted average shares used in calculation of basic EPS 9,562,812 10,180,038 Incremental shares from assumed exercise of dilutive securities - - Weighted average shares used in calculation of diluted EPS 9,562,812 10,180,038 Earnings per common share: Basic $ 0.20 $ 0.16 Diluted 0.20 0.16 For the three months ended September 30, 2015, the following stock options were excluded from the calculation of diluted EPS due to the exercise price of these options exceeding the average market price of the Company’s common stock for the period. These options, which were not dilutive at that date, may potentially dilute EPS in the future. Three Months Ended September 30, 2015 2014 Stock options 980,269 1,082,121

Note 8 - Derivatives and Hedgin

Note 8 - Derivatives and Hedging Activities	3 Months Ended
	Sep. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Text Block]	8. Derivatives and Hedging Activities The Company has stand-alone derivative financial instruments in the form of interest rate caps that derive their value from a fee paid and are adjusted to fair value based on index and strike rate, and swap agreements that derive their value from the underlying interest rate. These transactions involve both credit and market risk. The notional amounts are amounts on which calculations, payments and the value of the derivative are based. Notional amounts do not represent direct credit exposures. Direct credit exposure arises in the event of nonperformance by the counterparties to these agreements, and is limited to the net difference between the calculated amounts to be received and paid, if any. Such differences, which represent the fair value of the derivative instruments, are reflected on the Company’s balance sheet as derivative assets and derivative liabilities. The Company seeks to manage the credit risk of its financial contracts through credit approvals, limits and monitoring procedures, and does not expect any counterparties to fail to meet their obligations. The Company currently holds derivative instruments that contain credit-risk related features that are in a net liability position, which may require that collateral be assigned to dealer banks. At September 30, 2015, the Company had posted cash collateral totaling $1.8 million with dealer banks related to derivative instruments in a net liability position . The Company does not offset fair value amounts recognized for derivative instruments. The Company does not net the amount recognized for the right to reclaim cash collateral against the obligation to return cash collateral arising from derivative instruments executed with the same counterparty under a master netting arrangement. Risk Management Policies – D erivative I nstruments The Company evaluates the effectiveness of entering into any derivative instrument agreement by measuring the cost of such an agreement in relation to the reduction in net income volatility within an assumed range of interest rates. Interest Rate Risk Management – Cash Flow Hedging Instruments The Company uses variable rate debt as a source of funds for use in the Company’s lending and investment activities and other general business purposes. These debt obligations expose the Company to variability in interest payments due to changes in interest rates. If interest rates increase, interest expense increases. Conversely, if interest rates decrease, interest expense decreases. Management believes it is prudent to limit the variability of a portion of its interest payments and, therefore, generally hedges a portion of its variable-rate interest payments. Information pertaining to outstanding interest rate caps and swap agreements used to hedge variable rate debt is as follows. September 30, 2015 Notional Amount Inception Date Termination Date Index Receive Rate Pay Rate Strike Rate Unrealized Loss Fair Value Balance Sheet Location (Dollars in thousands) Interest rate swaps: $ 5,000 July 2013 July 2033 3 Mo. LIBOR 0.33 % 3.38 % n/a (801 ) (801 ) Other Liabilities 5,000 July 2013 July 2028 3 Mo. LIBOR 0.33 % 3.23 % n/a (624 ) (624 ) Other Liabilities 5,000 July 2013 July 2023 3 Mo. LIBOR 0.33 % 2.77 % n/a (377 ) (377 ) Other Liabilities Interest rate caps: 6,000 October 2014 September 2019 3 Mo. LIBOR n/a n/a 2.50 % (141 ) 35 Other Assets 10,000 March 2015 February 2020 3 Mo. LIBOR n/a n/a 2.50 % (136 ) 80 Other Assets $ 31,000 $ (2,079 ) $ (1,687 ) June 30, 2015 Notional Amount Inception Date Termination Date Index Receive Rate Pay Rate Strike Rate Unrealized Loss Fair Value Balance Sheet Location (Dollars in thousands) Interest rate swaps: $ 5,000 July 2013 July 2033 3 Mo. LIBOR 0.28 % 3.38 % n/a $ (472 ) $ (472 ) Other Liabilities 5,000 July 2013 July 2028 3 Mo. LIBOR 0.28 % 3.23 % n/a $ (368 ) $ (368 ) Other Liabilities 5,000 July 2013 July 2023 3 Mo. LIBOR 0.28 % 2.77 % n/a $ (208 ) $ (208 ) Other Liabilities Interest rate caps: 6,000 October 2014 September 2019 3 Mo. LIBOR n/a n/a 2.50 % (114 ) 63 Other Assets 10,000 March 2015 February 2020 3 Mo. LIBOR n/a n/a 2.50 % (80 ) 136 Other Assets $ 31,000 $ (1,242 ) $ (849 ) During the three months ended September 30, 2015 and 2014, no interest rate cap or swap agreements were terminated prior to maturity. Changes in the fair value of interest rate caps and swaps designated as hedging instruments of the variability of cash flows associated with variable rate debt are reported in other comprehensive income. These amounts subsequently are reclassified into interest expense as a yield adjustment in the same period in which the related interest on the debt affects earnings. Risk management results for the three months ended September 30 , 2015 and 2014 related to the balance sheet hedging of variable rate debt indicates that the hedges were effective.

Note 9 - Other Comprehensive In

Note 9 - Other Comprehensive Income	3 Months Ended
	Sep. 30, 2015
Disclosure Text Block [Abstract]
Comprehensive Income (Loss) Note [Text Block]	9. Other Comprehensive Income The components of other comprehensive loss follow. Three Months Ended September 30, 2015 2014 Pre-tax Tax Expense After-tax Pre-tax Tax Expense After-tax Amount (Benefit) Amount Amount (Benefit) Amount (Dollars in thousands) Change in net unrealized gain or loss on available-for-sale securities $ 466 $ 178 $ 288 $ (275 ) $ (93 ) $ (182 ) Reclassification adjustment for net gains included in net income - - - - - - Total available-for-sale securities 466 178 288 (275 ) (93 ) (182 ) Change in accumulated loss on effective cash flow hedges (838 ) (319 ) (519 ) (272 ) (92 ) (180 ) Reclassification adjustment for net gains included in net income - - - (9 ) (3 ) (6 ) Total derivatives and hedging activities (838 ) (319 ) (519 ) (281 ) (95 ) (186 ) Total other comprehensive loss $ (372 ) $ (141 ) $ (231 ) $ (556 ) $ (188 ) $ (368 ) Accumulated other comprehensive loss is comprised of the following. September 30, 2015 June 30, 2015 (Dollars in thousands) Unrealized loss on available-for-sale securities $ (370 ) $ (836 ) Tax effect 140 318 Net-of-tax amount (230 ) (518 ) Unrealized loss on cash flow hedges (2,080 ) (1,242 ) Tax effect 791 472 Net-of-tax amount (1,289 ) (770 ) Accumulated other comprehensive loss $ (1,519 ) $ (1,288 )

Note 10 - Commitments and Conti

Note 10 - Commitments and Contingencies	3 Months Ended
	Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Text Block]	10. Commitments and Contingencies Commitments The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers and to reduce its own exposure to fluctuations in interest rates. These financial instruments include commitments to extend credit, standby letters of credit, and commitments to fund investments. Those instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the consolidated balance sheets. The contract amounts of those instruments reflect the extent of involvement the Company has in particular classes of financial instruments. The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and standby letters of credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments. Financial instruments with contract amounts which represent credit risk are as follows : September 30, 2015 June 30, 2015 (Dollars in thousands) Commitments to grant loans $ 24,954 $ 24,966 Unfunded commitments under lines of credit 39,509 39,414 Standby letters of credit 60 60 Commitment to fund investment 2,500 - Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s credit worthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation of the counter party. Collateral held varies but may include accounts receivable, inventory, property, plant and equipment, and income-producing commercial properties. The Company has recorded an allowance for possible losses on commitments and unfunded loans totaling $37 thousand recorded in other liabilities at both September 30, 2015 and June 30, 2015. The Company committed $2.5 million to a fund that acquires CRA qualified investments in loans for the Company’s portfolio. The fund manager will call the funds from the Company when an investment is successfully acquired. Through the quarter ended September 30, 2015, the fund has not called any funds from the Company. Contingencies The Company and its subsidiary are parties to litigation and claims arising in the normal course of business. Management believes that the liabilities, if any, arising from such litigation and claims will not be material to the Company’s consolidated financial position or results of operations.

Note 11 - Fair Value Measuremen

Note 11 - Fair Value Measurements	3 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Text Block]	11. Fair Value Measurements Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction (that is, not a forced liquidation or distressed sale) between market participants at the measurement date under current market conditions. The Company uses prices and inputs that are current as of the measurement date, including during periods of market dislocation. In periods of market dislocation, the observability of prices and inputs may be reduced for many instruments. This condition could cause an instrument to be reclassified from one level to another. When market assumptions are not readily available, the Company’s own assumptions are set to reflect those that market participants would use in pricing the asset or liability at the measurement date. If there has been a significant decrease in the volume and level of activity for the asset or liability, regardless of the valuation technique(s) used, the objective of a fair value measurement remains the same. ASC 820 defines fair value and establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy under ASC 820 are described below: Level 1 — Inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date . Level 2 — Valuations based on significant observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. Level 3 — Prices or valuations that require inputs that are both significant to the fair value measurement and unobservable. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised by the Company in determining fair value is greatest for instruments categorized in Level 3. A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement . Valuation technique Transfers . Assets and Liabilities Measured at Fair Value on a Recurring Basis: Available-for-sale securities i.e. Certain investments are measured at fair value using the net asset value per share as a practical expedient. The fund seeks to invest in securities either issued or guaranteed by the U.S. government or its agencies. The Company’s investments can be redeemed daily at the closing net asset value per share. In accordance with ASU 2015-07, these investments have not been included in the fair value hierarchy. Derivative financial instruments The fair value of derivative loan commitments and forward loan sale agreements are estimated using the anticipated market price based on pricing indications provided from syndicate banks. These commitments and agreements are categorized as Level 2. The fair value of such instruments was nominal at each date presented . Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis: Collateral Dependent Impaired Loans Real Estate Owned and Other Repossessed collateral . Loan servicing rights— Fair Value of other Financial Instruments: Cash and cash equivalents FHLB stock Loans Loans held for sale Interest receivable Deposits . Borrowings . Off-Balance Sheet Credit-Related Instruments - Assets and liabilities measured at fair value on a recurring basis are summarized below. September 30, 2015 Total Level 1 Level 2 Level 3 (Dollars in thousands) Assets Securities available-for-sale: U.S. Government agency securities $ 45,167 $ - $ 45,167 $ - Agency mortgage-backed securities 51,145 - 51,145 - Other investments measured at net asset value (1) 5,032 - - - Other assets – interest rate caps 115 - 115 - Liabilities Other liabilities – interest rate swaps $ 1,802 $ - $ 1,802 $ - June 30, 2015 Total Level 1 Level 2 Level 3 (Dollars in thousands) Assets Securities available-for-sale: U.S. Government agency securities $ 48,230 $ - $ 48,230 $ - Agency mortgage-backed securities 53,678 - 53,678 - Other investments measured at net asset value (1) - - - - Other assets – interest rate caps 199 - 199 - Liabilities Other liabilities – interest rate swap $ 1,048 $ - $ 1,048 $ - (1) Assets measured at fair value on a nonrecurring basis are summarized below. September 30, 2015 Total Level 1 Level 2 Level 3 (Dollars in thousands) Collateral dependent impaired loans $ 987 $ - $ - $ 987 Real estate owned and other repossessed collateral 1,279 - - 1,279 Loan servicing rights 1,310 - - 1,310 June 30, 2015 Total Level 1 Level 2 Level 3 (Dollars in thousands) Collateral dependent impaired loans $ 932 $ - $ - $ 932 Real estate owned and other repossessed collateral 1,651 - - 1,651 Loan servicing rights 1,123 - - 1,123 The table below presents quantitative information about significant unobservable inputs (Level 3) for assets measured at fair value on a nonrecurring basis at the dates indicated. Fair Value September 30, June 30, Valuation Technique (Dollars in thousands) Collateral dependent impaired loans $ 987 $ 932 Appraisal of collateral (1) Real estate owned and other repossessed collateral 1,279 1,651 Appraisal of collateral (1) Loan servicing rights 1,385 1,123 Discounted cash flow (2) (1) Fair value is generally determined through independent appraisals of the underlying collateral. The Company may also use another available source of collateral assessment to determine a reasonable estimate of the fair value of the collateral. Appraisals may be adjusted by management for qualitative factors such as economic factors and estimated liquidation expenses. The range of these possible adjustments was 5% to 60%. (2) Fair value is determined using a discounted cash flow model. The unobservable inputs include anticipated rate of loan prepayments and discount rates. The range of prepayment assumptions used was 7.06% to 12.71%. For discount rates, the range was 4.36% to 7.00%. The following table presents the estimated fair value of the Company's financial instruments. Carrying Fair Value Measurements at September 30, 2015 Amount Total Level 1 Level 2 Level 3 (Dollars in thousands) Financial assets: Cash and cash equivalents $ 86,213 $ 86,213 $ 86,213 $ - $ - Available-for-sale securities 96,312 96,312 - 96,312 - Other investments measured at net asset value (1) 5,032 5,032 - - - Federal Home Loan Bank stock 4,102 4,102 - 4,102 - Loans held for sale 7,536 7,536 - 7,536 - Loans, net 623,777 625,655 - - 625,655 Accrued interest receivable 1,361 1,361 - 1,361 - Interest rate caps 115 115 - 115 - Financial liabilities: Deposits 693,478 693,873 - 693,873 - FHLB advances 30,159 30,768 - 30,768 - Short-term borrowings 2,479 2,479 - 2,479 - Capital lease obligation 1,312 1,415 - 1,415 - Subordinated debentures 8,674 8,992 - - 8,992 Interest rate swaps 1,802 1,802 - 1,802 - Carrying Fair Value Measurements at June 30, 2015 Amount Total Level 1 Level 2 Level 3 (Dollars in thousands) Financial assets: Cash and cash equivalents $ 89,850 $ 89,850 $ 89,850 $ - $ - Available-for-sale securities 101,908 101,908 - 101,908 - Other investments measured at net asset value (1) - - - - - Federal Home Loan Bank stock 4,102 4,102 - 4,102 - Loans held for sale 9,035 9,035 - 9,035 - Loans, net 610,211 613,896 - - 613,896 Accrued interest receivable 1,335 1,335 - 1,335 - Interest rate caps 199 199 - 199 - Financial liabilities: Deposits 674,759 675,285 - 675,285 - FHLB advances 30,188 30,867 - 30,867 - Wholesale repurchase agreements 10,037 10,098 - 10,098 - Short-term borrowings 2,349 2,349 - 2,349 - Capital lease obligation 1,368 1,448 - 1,448 - Subordinated debentures 8,626 8,471 - - 8,471 Interest rate swaps 1,048 1,048 - 1,048 - (1)

Note 3 - Securities Available20

Note 3 - Securities Available-for-Sale (Tables)	3 Months Ended
	Sep. 30, 2015
Investments, Debt and Equity Securities [Abstract]
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]	September 30, 2015 Amortized Gross Unrealized Gross Unrealized Fair Cost Gains Losses Value (Dollars in thousands) U.S. Government agency securities $ 45,134 $ 34 $ (1 ) $ 45,167 Agency mortgage-backed securities 51,562 21 (438 ) 51,145 Other investments measured at net asset value 5,018 14 - 5,032 $ 101,714 $ 69 $ (439 ) $ 101,344 June 30, 2015 Amortized Gross Unrealized Gross Unrealized Fair Cost Gains Losses Value (Dollars in thousands) U.S. Government agency securities $ 48,191 $ 40 $ (1 ) $ 48,230 Agency mortgage-backed securities 54,553 2 (877 ) 53,678 Other investments measured at net asset value - - - - $ 102,744 $ 42 $ (878 ) $ 101,908
Schedule of Unrealized Loss on Investments [Table Text Block]	September 30, 2015 Less than 12 Months More than 12 Months Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (Dollars in thousands) U.S. Government agency securities $ 2,997 $ (1 ) $ - $ - $ 2,997 $ (1 ) Agency mortgage-backed securities 7,871 (34 ) 39,617 (404 ) 47,488 (438 ) $ 10,868 $ (35 ) $ 39,617 $ (404 ) $ 50,485 $ (439 ) June 30, 2015 Less than 12 Months More than 12 Months Total Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses (Dollars in thousands) U.S. Government agency securities $ 2,999 $ (1 ) $ - $ - $ 2,999 $ (1 ) Agency mortgage-backed securities 10,295 (106 ) 41,349 (771 ) 51,644 (877 ) $ 13,294 $ (107 ) $ 41,349 $ (771 ) $ 54,643 $ (878 )
Investments Classified by Contractual Maturity Date [Table Text Block]	Amortized Fair Cost Value (Dollars in thousands) Due within one year $ 33,077 $ 33,095 Due after one year through five years 12,058 12,072 Due after five years through ten years 24,618 24,516 Due after ten years 26,943 26,629 Total $ 96,696 $ 96,312

Note 4 - Loans, Allowance for21

Note 4 - Loans, Allowance for Loan Losses and Credit Quality (Tables)	3 Months Ended
	Sep. 30, 2015
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	September 30, 2015 June 30, 2015 Originated Purchased Total Originated Purchased Total (Dollars in thousands) Residential real estate $ 102,570 $ 3,214 $ 105,784 $ 106,275 $ 2,068 $ 108,343 Home equity 22,480 - 22,480 24,326 - 24,326 Commercial real estate 152,873 210,727 363,600 148,425 200,251 348,676 Commercial business 126,476 258 126,734 122,860 273 123,133 Consumer 7,244 - 7,244 7,659 - 7,659 Total loans $ 411,643 $ 214,199 $ 625,842 $ 409,545 $ 202,592 $ 612,137
Past Due Financing Receivables [Table Text Block]	September 30, 2015 Past Due Past Due 90 Days or 90 Days or Total Non- 30-59 60-89 More-Still More- Past Total Total Accrual Days Days Accruing Nonaccrual Due Current Loans Loans (Dollars in thousands) Originated portfolio: Residential real estate $ 176 $ 950 $ - $ 1,658 $ 2,784 $ 99,786 $ 102,570 $ 3,165 Home equity - - - 20 20 22,460 22,480 20 Commercial real estate 219 173 - 402 794 152,079 152,873 529 Commercial business 22 - - 2 24 126,452 126,476 2 Consumer 198 41 - 50 289 6,955 7,244 153 Total originated portfolio 615 1,164 - 2,132 3,911 407,732 411,643 3,869 Purchased portfolio: Residential real estate - - - - - 3,214 3,214 - Commercial business - - - - - 258 258 - Commercial real estate 1,009 1,110 - 2,407 4,526 206,201 210,727 6,939 Total purchased portfolio 1,009 1,110 - 2,407 4,526 209,673 214,199 6,939 Total loans $ 1,624 $ 2,274 $ - $ 4,539 $ 8,437 $ 617,405 $ 625,842 $ 10,808 June 30, 2015 Past Due Past Due 90 Days or 90 Days or Total Non- 30-59 60-89 More-Still More- Past Total Total Accrual Days Days Accruing Nonaccrual Due Current Loans Loans (Dollars in thousands) Originated portfolio: Residential real estate $ 239 $ 973 $ - $ 1,393 $ 2,605 $ 103,670 $ 106,275 $ 3,021 Home equity 9 - - 11 20 24,306 24,326 11 Commercial real estate 300 - - 704 1,004 147,421 148,425 994 Commercial business - - - 2 2 122,858 122,860 2 Consumer 105 29 - 56 190 7,469 7,659 190 Total originated portfolio 653 1,002 - 2,166 3,821 405,724 409,545 4,218 Purchased portfolio: Residential real estate - - - - - 2,068 2,068 - Commercial business - - - - - 273 273 - Commercial real estate 86 299 - 2,410 2,795 197,456 200,251 6,532 Total purchased portfolio 86 299 - 2,410 2,795 199,797 202,592 6,532 Total loans $ 739 $ 1,301 $ - $ 4,576 $ 6,616 $ 605,521 $ 612,137 $ 10,750
Allowance for Credit Losses on Financing Receivables [Table Text Block]	Three Months Ended September 30, 2015 Residential Commercial Commercial Real Estate Real Estate Business Consumer Purchased Unallocated Total (Dollars in thousands) Beginning balance $ 741 $ 694 $ 117 $ 35 $ 283 $ 56 $ 1,926 Provision (21 ) 62 16 31 81 - 169 Recoveries 12 5 1 2 - - 20 Charge-offs - (28 ) - (22 ) - - (50 ) Ending balance $ 732 $ 733 $ 134 $ 46 $ 364 $ 56 $ 2,065 Three Months Ended September 30, 2014 Residential Commercial Commercial Real Estate Real Estate Business Consumer Purchased Unallocated Total (Dollars in thousands) Beginning balance $ 580 $ 358 $ 48 $ 79 $ 267 $ 35 $ 1,367 Provision 358 (18 ) 1 (35 ) 4 10 320 Recoveries 5 - - 10 - - 15 Charge-offs (160 ) - - (3 ) - - (163 ) Ending balance $ 783 $ 340 $ 49 $ 51 $ 271 $ 45 $ 1,539
Schedule of Allowance for Loan Losses by Portfolio Segment and Impairment Methodology [Table Text Block]	September 30, 2015 Residential Commercial Commercial Real Estate Real Estate Business Consumer Purchased Unallocated Total (Dollars in thousands) Allowance for loan losses: Individually evaluated $ 415 $ 21 $ - $ - $ - $ - $ 436 Collectively evaluated 317 712 134 46 - 56 1,265 ASC 310-30 - - - - 364 - 364 Total $ 732 $ 733 $ 134 $ 46 $ 364 $ 56 $ 2,065 Loans: Individually evaluated $ 5,071 $ 1,866 $ 2 $ 375 $ - $ - $ 7,314 Collectively evaluated 119,979 151,007 126,474 6,869 - - 404,329 ASC 310-30 - - - - 214,199 - 214,199 Total $ 125,050 $ 152,873 $ 126,476 $ 7,244 $ 214,199 $ - $ 625,842 June 30, 2015 Residential Commercial Commercial Real Estate Real Estate Business Consumer Purchased Unallocated Total (Dollars in thousands) Allowance for loan losses: Individually evaluated $ 435 $ 21 $ - $ - $ - $ - $ 456 Collectively evaluated 306 673 117 35 - 56 1,187 ASC 310-30 - - - - 283 - 283 Total $ 741 $ 694 $ 117 $ 35 $ 283 $ 56 $ 1,926 Loans: Individually evaluated $ 4,095 $ 2,381 $ 2 $ 253 $ - $ - $ 6,731 Collectively evaluated 126,506 146,044 122,858 7,406 - - 402,814 ASC 310-30 - - - - 202,592 - 202,592 Total $ 130,601 $ 148,425 $ 122,860 $ 7,659 $ 202,592 $ - $ 612,137
Impaired Financing Receivables [Table Text Block]	September 30, 2015 June 30, 2015 Unpaid Unpaid Recorded Principal Related Recorded Principal Related Investment Balance Allowance Investment Balance Allowance (Dollars in thousands) Impaired loans without a valuation allowance: Originated: Residential real estate $ 3,063 $ 3,244 $ - $ 1,975 $ 2,076 $ - Consumer 328 361 - 253 262 - Commercial real estate 895 894 - 1,505 1,510 - Commercial business 2 2 - 2 2 - Purchased: Commercial real estate 8,012 10,163 - 7,673 9,606 - Total 12,300 14,664 - 11,408 13,456 - Impaired loans with a valuation allowance: Originated: Residential real estate 2,008 1,948 415 2,120 2,060 435 Consumer 47 53 - - - - Commercial real estate 971 965 21 876 870 21 Commercial business - - - - - - Purchased: Commercial real estate 2,745 3,635 309 1,208 1,644 260 Total 5,771 6,601 745 4,204 4,574 716 Total impaired loans $ 18,071 $ 21,265 $ 745 $ 15,612 $ 18,030 $ 716 Three Months Ended September 30, 2015 2014 Average Interest Average Interest Recorded Income Recorded Income Investment Recognized Investment Recognized (Dollars in thousands) Impaired loans without a valuation allowance: Originated: Residential real estate $ 2,520 $ 39 $ 1,201 $ 17 Consumer 290 5 196 3 Commercial real estate 1,200 7 1,088 7 Commercial business 2 - - 1 Purchased: Commercial real estate 7,842 14 3,938 75 Total 11,854 65 6,423 103 Impaired loans with a valuation allowance: Originated: Residential real estate 2,064 23 1,707 28 Consumer 23 1 35 1 Commercial real estate 924 12 1,334 20 Commercial business - - - - Purchased: Commercial real estate 1,976 36 1,573 3 Total 4,987 72 4,649 52 Total impaired loans $ 16,841 $ 137 $ 11,072 $ 155
Financing Receivable Credit Quality Indicators [Table Text Block]	September 30, 2015 Originated Portfolio Commercial Commercial Purchased Real Estate Business Residential (1) Portfolio Total (Dollars in thousands) Loans rated 1- 6 $ 148,790 $ 126,452 $ 7,583 $ 200,745 $ 483,570 Loans rated 7 3,045 24 627 5,189 8,885 Loans rated 8 1,038 - 610 8,265 9,913 Loans rated 9 - - 23 - 23 Loans rated 10 - - - - - $ 152,873 $ 126,476 $ 8,843 $ 214,199 $ 502,391 June 30, 2015 Originated Portfolio Commercial Commercial Purchased Real Estate Business Residential (1) Portfolio Total (Dollars in thousands) Loans rated 1- 6 $ 142,321 $ 122,829 $ 8,049 $ 190,193 $ 463,392 Loans rated 7 4,417 31 634 5,628 10,710 Loans rated 8 1,687 - 429 6,771 8,887 Loans rated 9 - - 23 - 23 Loans rated 10 - - - - - $ 148,425 $ 122,860 $ 9,135 $ 202,592 $ 483,012
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	Three Months Ended September 30, 2015 2014 Number of Recorded Number of Recorded Contracts Investment Contracts Investment (Dollars in thousands) Extended maturity - $ - 2 $ 234 Adjusted interest rate - - - - Rate and maturity - - 4 246 Principal deferment - - 1 461 Court ordered concession - - 4 85 - $ - 11 $ 1,026 Three Months Ended September 30, 2015 2014 Recorded Recorded Recorded Recorded Number of Investment Investment Number of Investment Investment Contracts Pre-Modification Post-Modification Contracts Pre-Modification Post-Modification (Dollars in thousands) Originated portfolio: Residential real estate - $ - $ - 9 $ 823 $ 823 Home equity - - - - - - Commercial real estate - - - 1 200 200 Commercial business - - - - - - Consumer - - - 1 3 3 Total originated portfolio - - - 11 1,026 1,026 Purchased portfolio: Residential real estate - - - - - - Commercial real estate - - - - - - Total purchased portfolio - - - - - - Total - $ - $ - 11 $ 1,026 $ 1,026
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Table Text Block]	Three Months Ended September 30, 2015 Three Months Ended September 30, 2014 (Dollars in thousands) Contractually required payments receivable $ 31,276 $ 21,108 Nonaccretable difference (291 ) (304 ) Cash flows expected to be collected 30,985 20,804 Accretable yield (7,527 ) (7,960 ) Fair value of loans acquired $ 23,458 $ 12,844
Certain Loans AcquirencomeRecognition Model as Debt Securities Acquired During Period [Tabled in Transfer not Accounted for Using [Table Text Block]	As of and for the Three Months Ended September 30, 2015 (Dollars in thousands) Loans acquired during the period $ - Loans at end of period 6,826
Loans Acquired in Transfer not Accounted for as Debt Securities Accretable Yield Activity [Table Text Block]	Three Months Ended September 30, 2015 Three Months Ended September 30, 2014 (Dollars in thousands) Beginning balance $ 111,449 $ 109,040 Acquisitions 7,527 7,960 Accretion (3,755 ) (4,443 ) Reclassifications from non-accretable difference to accretable yield 277 10 Disposals and other changes (5,883 ) (4,215 ) Ending balance $ 109,615 $ 108,352
Schedule of Credit Impaired Loans [Table Text Block]	September 30, 2015 June 30, 2015 (Dollars in thousands) Unpaid principal balance $ 244,468 $ 235,716 Carrying amount 210,285 199,113

Note 6 - Investments in Quali22

Note 6 - Investments in Qualified Affordable Housing Projects (Tables)	3 Months Ended
	Sep. 30, 2015
Investments In Qualified Affordable Housing Projects [Abstract]
Investments in Qualified Affordable Housing Projects [Table Text Block]	September 30, 2015 June 30, 2015 (Dollars in thousands) Investments in affordable housing projects included in other assets $ 474 $ 508
Investments in Qualified Affordable Housing Projects Tax Effect [Table Text Block]	Three Months Ended September 30, 2015 Three Months Ended September 30, 2014 (Dollars in thousands) Investment amortization included in income tax expense $ 92 $ 92 Tax credit recognized as income tax benefit 118 118

Note 7 - Earnings Per Share (23

Note 7 - Earnings Per Share (EPS) (Tables)	3 Months Ended
	Sep. 30, 2015
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three months Ended September 30, 2015 2014 (Dollars in thousands, except share and per share data) Net income 1,867 1,647 Preferred stock dividends or accretion - - Net income available to common shareholders $ 1,867 $ 1,647 Weighted average shares used in calculation of basic EPS 9,562,812 10,180,038 Incremental shares from assumed exercise of dilutive securities - - Weighted average shares used in calculation of diluted EPS 9,562,812 10,180,038 Earnings per common share: Basic $ 0.20 $ 0.16 Diluted 0.20 0.16
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	Three Months Ended September 30, 2015 2014 Stock options 980,269 1,082,121

Note 8 - Derivatives and Hedg24

Note 8 - Derivatives and Hedging Activities (Tables)	3 Months Ended
	Sep. 30, 2015
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments [Table Text Block]	September 30, 2015 Notional Amount Inception Date Termination Date Index Receive Rate Pay Rate Strike Rate Unrealized Loss Fair Value Balance Sheet Location (Dollars in thousands) Interest rate swaps: $ 5,000 July 2013 July 2033 3 Mo. LIBOR 0.33 % 3.38 % n/a (801 ) (801 ) Other Liabilities 5,000 July 2013 July 2028 3 Mo. LIBOR 0.33 % 3.23 % n/a (624 ) (624 ) Other Liabilities 5,000 July 2013 July 2023 3 Mo. LIBOR 0.33 % 2.77 % n/a (377 ) (377 ) Other Liabilities Interest rate caps: 6,000 October 2014 September 2019 3 Mo. LIBOR n/a n/a 2.50 % (141 ) 35 Other Assets 10,000 March 2015 February 2020 3 Mo. LIBOR n/a n/a 2.50 % (136 ) 80 Other Assets $ 31,000 $ (2,079 ) $ (1,687 ) June 30, 2015 Notional Amount Inception Date Termination Date Index Receive Rate Pay Rate Strike Rate Unrealized Loss Fair Value Balance Sheet Location (Dollars in thousands) Interest rate swaps: $ 5,000 July 2013 July 2033 3 Mo. LIBOR 0.28 % 3.38 % n/a $ (472 ) $ (472 ) Other Liabilities 5,000 July 2013 July 2028 3 Mo. LIBOR 0.28 % 3.23 % n/a $ (368 ) $ (368 ) Other Liabilities 5,000 July 2013 July 2023 3 Mo. LIBOR 0.28 % 2.77 % n/a $ (208 ) $ (208 ) Other Liabilities Interest rate caps: 6,000 October 2014 September 2019 3 Mo. LIBOR n/a n/a 2.50 % (114 ) 63 Other Assets 10,000 March 2015 February 2020 3 Mo. LIBOR n/a n/a 2.50 % (80 ) 136 Other Assets $ 31,000 $ (1,242 ) $ (849 )

Note 9 - Other Comprehensive 25

Note 9 - Other Comprehensive Income (Tables)	3 Months Ended
	Sep. 30, 2015
Disclosure Text Block [Abstract]
Comprehensive Income (Loss) [Table Text Block]	Three Months Ended September 30, 2015 2014 Pre-tax Tax Expense After-tax Pre-tax Tax Expense After-tax Amount (Benefit) Amount Amount (Benefit) Amount (Dollars in thousands) Change in net unrealized gain or loss on available-for-sale securities $ 466 $ 178 $ 288 $ (275 ) $ (93 ) $ (182 ) Reclassification adjustment for net gains included in net income - - - - - - Total available-for-sale securities 466 178 288 (275 ) (93 ) (182 ) Change in accumulated loss on effective cash flow hedges (838 ) (319 ) (519 ) (272 ) (92 ) (180 ) Reclassification adjustment for net gains included in net income - - - (9 ) (3 ) (6 ) Total derivatives and hedging activities (838 ) (319 ) (519 ) (281 ) (95 ) (186 ) Total other comprehensive loss $ (372 ) $ (141 ) $ (231 ) $ (556 ) $ (188 ) $ (368 )
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	September 30, 2015 June 30, 2015 (Dollars in thousands) Unrealized loss on available-for-sale securities $ (370 ) $ (836 ) Tax effect 140 318 Net-of-tax amount (230 ) (518 ) Unrealized loss on cash flow hedges (2,080 ) (1,242 ) Tax effect 791 472 Net-of-tax amount (1,289 ) (770 ) Accumulated other comprehensive loss $ (1,519 ) $ (1,288 )

Note 10 - Commitments and Con26

Note 10 - Commitments and Contingencies (Tables)	3 Months Ended
	Sep. 30, 2015
Commitments and Contingencies Disclosure [Abstract]
Schedule of Fair Value, Off-balance Sheet Risks [Table Text Block]	September 30, 2015 June 30, 2015 (Dollars in thousands) Commitments to grant loans $ 24,954 $ 24,966 Unfunded commitments under lines of credit 39,509 39,414 Standby letters of credit 60 60 Commitment to fund investment 2,500 -

Note 11 - Fair Value Measurem27

Note 11 - Fair Value Measurements (Tables)	3 Months Ended
	Sep. 30, 2015
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	September 30, 2015 Total Level 1 Level 2 Level 3 (Dollars in thousands) Assets Securities available-for-sale: U.S. Government agency securities $ 45,167 $ - $ 45,167 $ - Agency mortgage-backed securities 51,145 - 51,145 - Other investments measured at net asset value (1) 5,032 - - - Other assets – interest rate caps 115 - 115 - Liabilities Other liabilities – interest rate swaps $ 1,802 $ - $ 1,802 $ - June 30, 2015 Total Level 1 Level 2 Level 3 (Dollars in thousands) Assets Securities available-for-sale: U.S. Government agency securities $ 48,230 $ - $ 48,230 $ - Agency mortgage-backed securities 53,678 - 53,678 - Other investments measured at net asset value (1) - - - - Other assets – interest rate caps 199 - 199 - Liabilities Other liabilities – interest rate swap $ 1,048 $ - $ 1,048 $ -
Fair Value Measurements, Nonrecurring [Table Text Block]	September 30, 2015 Total Level 1 Level 2 Level 3 (Dollars in thousands) Collateral dependent impaired loans $ 987 $ - $ - $ 987 Real estate owned and other repossessed collateral 1,279 - - 1,279 Loan servicing rights 1,310 - - 1,310 June 30, 2015 Total Level 1 Level 2 Level 3 (Dollars in thousands) Collateral dependent impaired loans $ 932 $ - $ - $ 932 Real estate owned and other repossessed collateral 1,651 - - 1,651 Loan servicing rights 1,123 - - 1,123
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]	Fair Value September 30, June 30, Valuation Technique (Dollars in thousands) Collateral dependent impaired loans $ 987 $ 932 Appraisal of collateral (1) Real estate owned and other repossessed collateral 1,279 1,651 Appraisal of collateral (1) Loan servicing rights 1,385 1,123 Discounted cash flow (2)
Fair Value, by Balance Sheet Grouping [Table Text Block]	Carrying Fair Value Measurements at September 30, 2015 Amount Total Level 1 Level 2 Level 3 (Dollars in thousands) Financial assets: Cash and cash equivalents $ 86,213 $ 86,213 $ 86,213 $ - $ - Available-for-sale securities 96,312 96,312 - 96,312 - Other investments measured at net asset value (1) 5,032 5,032 - - - Federal Home Loan Bank stock 4,102 4,102 - 4,102 - Loans held for sale 7,536 7,536 - 7,536 - Loans, net 623,777 625,655 - - 625,655 Accrued interest receivable 1,361 1,361 - 1,361 - Interest rate caps 115 115 - 115 - Financial liabilities: Deposits 693,478 693,873 - 693,873 - FHLB advances 30,159 30,768 - 30,768 - Short-term borrowings 2,479 2,479 - 2,479 - Capital lease obligation 1,312 1,415 - 1,415 - Subordinated debentures 8,674 8,992 - - 8,992 Interest rate swaps 1,802 1,802 - 1,802 - Carrying Fair Value Measurements at June 30, 2015 Amount Total Level 1 Level 2 Level 3 (Dollars in thousands) Financial assets: Cash and cash equivalents $ 89,850 $ 89,850 $ 89,850 $ - $ - Available-for-sale securities 101,908 101,908 - 101,908 - Other investments measured at net asset value (1) - - - - - Federal Home Loan Bank stock 4,102 4,102 - 4,102 - Loans held for sale 9,035 9,035 - 9,035 - Loans, net 610,211 613,896 - - 613,896 Accrued interest receivable 1,335 1,335 - 1,335 - Interest rate caps 199 199 - 199 - Financial liabilities: Deposits 674,759 675,285 - 675,285 - FHLB advances 30,188 30,867 - 30,867 - Wholesale repurchase agreements 10,037 10,098 - 10,098 - Short-term borrowings 2,349 2,349 - 2,349 - Capital lease obligation 1,368 1,448 - 1,448 - Subordinated debentures 8,626 8,471 - - 8,471 Interest rate swaps 1,048 1,048 - 1,048 -

Note 3 - Securities Available28

Note 3 - Securities Available-for-Sale (Details)	3 Months Ended
	Sep. 30, 2015USD ($)	Sep. 30, 2014USD ($)
Note 3 - Securities Available-for-Sale (Details) [Line Items]
Proceeds from Sale of Available-for-sale Securities	$ 0	$ 0
Available-for-sale Securities Pledged as Collateral	3,000,000
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities	$ 0	$ 0
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year	16
Collateralized Debt Obligations [Member]
Note 3 - Securities Available-for-Sale (Details) [Line Items]
Available-for-sale Securities, Effective Duration	4 years 116 days

Note 3 - Securities Available29

Note 3 - Securities Available-for-Sale (Details) - Securities Available-for-sale - USD ($) $ in Thousands	Sep. 30, 2015	Jun. 30, 2015
Note 3 - Securities Available-for-Sale (Details) - Securities Available-for-sale [Line Items]
Amorized Cost	$ 101,714	$ 102,744
Gross Unrealized Gains	69	42
Gross Unrealized Losses	(439)	(878)
Fair Value	101,344	101,908
US Government Agencies Debt Securities [Member]
Note 3 - Securities Available-for-Sale (Details) - Securities Available-for-sale [Line Items]
Amorized Cost	45,134	48,191
Gross Unrealized Gains	34	40
Gross Unrealized Losses	(1)	(1)
Fair Value	45,167	48,230
Collateralized Mortgage Backed Securities [Member]
Note 3 - Securities Available-for-Sale (Details) - Securities Available-for-sale [Line Items]
Amorized Cost	51,562	54,553
Gross Unrealized Gains	21	2
Gross Unrealized Losses	(438)	(877)
Fair Value	51,145	$ 53,678
Collateralized Debt Obligations [Member]
Note 3 - Securities Available-for-Sale (Details) - Securities Available-for-sale [Line Items]
Amorized Cost	5,018
Gross Unrealized Gains	14
Fair Value	$ 5,032

Note 3 - Securities Available30

Note 3 - Securities Available-for-Sale (Details) - Summary of Gross Unrealized Losses and Fair Values Aggregated by Investment Category and Length of Time That Individual Securities Have Been in a Continuous Unrealized Loss Position - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2015	Jun. 30, 2015
Note 3 - Securities Available-for-Sale (Details) - Summary of Gross Unrealized Losses and Fair Values Aggregated by Investment Category and Length of Time That Individual Securities Have Been in a Continuous Unrealized Loss Position [Line Items]
Fair Value, Less than 12 months	$ 10,868	$ 13,294
Unrealized losses, less than 12 months	(35)	(107)
Fair Value, More than 12 months	39,617	41,349
Unrealized losses, More than 12 months	(404)	(771)
Fair Value	50,485	54,643
Unrealized Losses	(439)	(878)
US Government Agencies Debt Securities [Member]
Note 3 - Securities Available-for-Sale (Details) - Summary of Gross Unrealized Losses and Fair Values Aggregated by Investment Category and Length of Time That Individual Securities Have Been in a Continuous Unrealized Loss Position [Line Items]
Fair Value, Less than 12 months	2,997	2,999
Unrealized losses, less than 12 months	(1)	(1)
Fair Value	2,997	2,999
Unrealized Losses	(1)	(1)
Collateralized Mortgage Backed Securities [Member]
Note 3 - Securities Available-for-Sale (Details) - Summary of Gross Unrealized Losses and Fair Values Aggregated by Investment Category and Length of Time That Individual Securities Have Been in a Continuous Unrealized Loss Position [Line Items]
Fair Value, Less than 12 months	7,871	10,295
Unrealized losses, less than 12 months	(34)	(106)
Fair Value, More than 12 months	39,617	41,349
Unrealized losses, More than 12 months	(404)	(771)
Fair Value	47,488	51,644
Unrealized Losses	$ (438)	$ (877)

Note 3 - Securities Available31

Note 3 - Securities Available-for-Sale (Details) - Amorized Cost and Fair Values of Availiable-for-sale Debt Securities by Contractual Maturity $ in Thousands	Sep. 30, 2015USD ($)
Amorized Cost and Fair Values of Availiable-for-sale Debt Securities by Contractual Maturity [Abstract]
Due within one year	$ 33,077
Due within one year	33,095
Due after one year through five years	12,058
Due after one year through five years	12,072
Due after five years through ten years	24,618
Due after five years through ten years	24,516
Due after ten years	26,943
Due after ten years	26,629
Total	96,696
Total	$ 96,312

Note 4 - Loans, Allowance for32

Note 4 - Loans, Allowance for Loan Losses and Credit Quality (Details)	3 Months Ended
	Sep. 30, 2015USD ($)
Receivables [Abstract]
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	1
Financing Receivable, Modifications, Subsequent Default, Recorded Investment	$ 50,000
Loans and Leases Receivable, Impaired, Commitment to Lend	$ 0

Note 4 - Loans, Allowance for33

Note 4 - Loans, Allowance for Loan Losses and Credit Quality (Details) - Composition of the Company's Loan Portfolio - USD ($) $ in Thousands	Sep. 30, 2015	Jun. 30, 2015
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 625,842	$ 612,137
Originated Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	411,643	409,545
Purchased Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	214,199	202,592
Residential Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	105,784	108,343
Residential Portfolio Segment [Member] | Originated Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	102,570	106,275
Residential Portfolio Segment [Member] | Purchased Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	3,214	2,068
Home Equity Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	22,480	24,326
Home Equity Portfolio Segment [Member] | Originated Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	22,480	24,326
Commercial Real Estate Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	363,600	348,676
Commercial Real Estate Portfolio Segment [Member] | Originated Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	152,873	148,425
Commercial Real Estate Portfolio Segment [Member] | Purchased Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	210,727	200,251
Commercial Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	126,734	123,133
Commercial Portfolio Segment [Member] | Originated Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	126,476	122,860
Commercial Portfolio Segment [Member] | Purchased Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	258	273
Consumer Portfolio Segment [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	7,244	7,659
Consumer Portfolio Segment [Member] | Originated Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 7,244	$ 7,659

Note 4 - Loans, Allowance for34

Note 4 - Loans, Allowance for Loan Losses and Credit Quality (Details) - Summary of past Due and Non-accrual Loans - USD ($) $ in Thousands	Sep. 30, 2015	Jun. 30, 2015
Originated portfolio:
Total Past Due	$ 8,437	$ 6,616
Total Current	617,405	605,521
Total Loans	625,842	612,137
Non-accrual loans	10,808	10,750
Financing Receivables, 30 to 59 Days Past Due [Member]
Originated portfolio:
Total Past Due	1,624	739
Financing Receivables, 60 to 89 Days Past Due [Member]
Originated portfolio:
Total Past Due	2,274	1,301
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Originated portfolio:
Total Past Due	4,539	4,576
Originated Loans [Member]
Originated portfolio:
Total Past Due	3,911	3,821
Total Current	407,732	405,724
Total Loans	411,643	409,545
Non-accrual loans	3,869	4,218
Originated Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Originated portfolio:
Total Past Due	615	653
Originated Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Originated portfolio:
Total Past Due	1,164	1,002
Originated Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Originated portfolio:
Total Past Due	2,132	2,166
Purchased Loans [Member]
Originated portfolio:
Total Past Due	4,526	2,795
Total Current	209,673	199,797
Total Loans	214,199	202,592
Non-accrual loans	6,939	6,532
Purchased Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Originated portfolio:
Total Past Due	1,009	86
Purchased Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Originated portfolio:
Total Past Due	1,110	299
Purchased Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Originated portfolio:
Total Past Due	2,407	2,410
Residential Portfolio Segment [Member]
Originated portfolio:
Total Loans	105,784	108,343
Residential Portfolio Segment [Member] | Originated Loans [Member]
Originated portfolio:
Total Past Due	2,784	2,605
Total Current	99,786	103,670
Total Loans	102,570	106,275
Non-accrual loans	3,165	3,021
Residential Portfolio Segment [Member] | Originated Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Originated portfolio:
Total Past Due	176	239
Residential Portfolio Segment [Member] | Originated Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Originated portfolio:
Total Past Due	950	973
Residential Portfolio Segment [Member] | Originated Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Originated portfolio:
Total Past Due	1,658	1,393
Residential Portfolio Segment [Member] | Purchased Loans [Member]
Originated portfolio:
Total Current	3,214	2,068
Total Loans	3,214	2,068
Home Equity Portfolio Segment [Member]
Originated portfolio:
Total Loans	22,480	24,326
Home Equity Portfolio Segment [Member] | Originated Loans [Member]
Originated portfolio:
Total Past Due	20	20
Total Current	22,460	24,306
Total Loans	22,480	24,326
Non-accrual loans	20	11
Home Equity Portfolio Segment [Member] | Originated Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Originated portfolio:
Total Past Due		9
Home Equity Portfolio Segment [Member] | Originated Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Originated portfolio:
Total Past Due	20	11
Commercial Real Estate Loans [Member] | Originated Loans [Member]
Originated portfolio:
Total Past Due	794
Total Current	152,079
Total Loans	152,873
Non-accrual loans	529
Commercial Real Estate Loans [Member] | Originated Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Originated portfolio:
Total Past Due	219
Commercial Real Estate Loans [Member] | Originated Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Originated portfolio:
Total Past Due	173
Commercial Real Estate Loans [Member] | Originated Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Originated portfolio:
Total Past Due	402
Commercial Portfolio Segment [Member]
Originated portfolio:
Total Loans	126,734	123,133
Commercial Portfolio Segment [Member] | Originated Loans [Member]
Originated portfolio:
Total Past Due	24	2
Total Current	126,452	122,858
Total Loans	126,476	122,860
Non-accrual loans	2	2
Commercial Portfolio Segment [Member] | Originated Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Originated portfolio:
Total Past Due	22
Commercial Portfolio Segment [Member] | Originated Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Originated portfolio:
Total Past Due	2	2
Commercial Portfolio Segment [Member] | Purchased Loans [Member]
Originated portfolio:
Total Current	258	273
Total Loans	258	273
Consumer Loans [Member] | Originated Loans [Member]
Originated portfolio:
Total Past Due	289
Total Current	6,955
Total Loans	7,244
Non-accrual loans	153
Consumer Loans [Member] | Originated Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Originated portfolio:
Total Past Due	198
Consumer Loans [Member] | Originated Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Originated portfolio:
Total Past Due	41
Consumer Loans [Member] | Originated Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Originated portfolio:
Total Past Due	50
Commercial Real Estate Portfolio Segment [Member]
Originated portfolio:
Total Loans	363,600	348,676
Commercial Real Estate Portfolio Segment [Member] | Originated Loans [Member]
Originated portfolio:
Total Past Due		1,004
Total Current		147,421
Total Loans	152,873	148,425
Non-accrual loans		994
Commercial Real Estate Portfolio Segment [Member] | Originated Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Originated portfolio:
Total Past Due		300
Commercial Real Estate Portfolio Segment [Member] | Originated Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Originated portfolio:
Total Past Due		704
Commercial Real Estate Portfolio Segment [Member] | Purchased Loans [Member]
Originated portfolio:
Total Past Due	4,526	2,795
Total Current	206,201	197,456
Total Loans	210,727	200,251
Non-accrual loans	6,939	6,532
Commercial Real Estate Portfolio Segment [Member] | Purchased Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Originated portfolio:
Total Past Due	1,009	86
Commercial Real Estate Portfolio Segment [Member] | Purchased Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Originated portfolio:
Total Past Due	1,110	299
Commercial Real Estate Portfolio Segment [Member] | Purchased Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Originated portfolio:
Total Past Due	2,407	2,410
Consumer Portfolio Segment [Member]
Originated portfolio:
Total Loans	7,244	7,659
Consumer Portfolio Segment [Member] | Originated Loans [Member]
Originated portfolio:
Total Past Due		190
Total Current		7,469
Total Loans	$ 7,244	7,659
Non-accrual loans		190
Consumer Portfolio Segment [Member] | Originated Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Originated portfolio:
Total Past Due		105
Consumer Portfolio Segment [Member] | Originated Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Originated portfolio:
Total Past Due		29
Consumer Portfolio Segment [Member] | Originated Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Originated portfolio:
Total Past Due		$ 56

Note 4 - Loans, Allowance for35

Note 4 - Loans, Allowance for Loan Losses and Credit Quality (Details) - Allowance for Loan Losses by Portfolio Segment - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	$ 1,926	$ 1,367
Provision	169	320
Recoveries	20	15
Charge-offs	(50)	(163)
Ending balance	2,065	1,539
Purchased Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	283	267
Provision	81	4
Ending balance	364	271
Residential Portfolio Segment [Member] | Originated Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	741	580
Provision	(21)	358
Recoveries	12	5
Charge-offs		(160)
Ending balance	732	783
Commercial Real Estate Portfolio Segment [Member] | Originated Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	694	358
Provision	62	(18)
Recoveries	5
Charge-offs	(28)
Ending balance	733	340
Commercial Portfolio Segment [Member] | Originated Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	117	48
Provision	16	1
Recoveries	1
Ending balance	134	49
Consumer Portfolio Segment [Member] | Originated Loans [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	35	79
Provision	31	(35)
Recoveries	2	10
Charge-offs	(22)	(3)
Ending balance	46	51
Unallocated Financing Receivables [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Beginning balance	56	35
Provision		10
Ending balance	$ 56	$ 45

Note 4 - Loans, Allowance for36

Note 4 - Loans, Allowance for Loan Losses and Credit Quality (Details) - Allowance for Loan Losses by Portfolio Segment and Impairment Methodology - USD ($) $ in Thousands	Sep. 30, 2015	Jun. 30, 2015	Sep. 30, 2014	Jun. 30, 2014
Allowance for loan losses:
Individually evaluated	$ 436	$ 456
Collectively evaluated	1,265	1,187
ASC 310-30	364	283
Total	2,065	1,926	$ 1,539	$ 1,367
Loans:
Individually evaluated-loan	7,314	6,731
Collectively evaluated-loan	404,329	402,814
ASC 310-30-loan	214,199	202,592
Total-loan	625,842	612,137
Originated Loans [Member]
Loans:
Total-loan	411,643	409,545
Purchased Loans [Member]
Allowance for loan losses:
ASC 310-30	364	283
Total	364	283	271	267
Loans:
ASC 310-30-loan	214,199	202,592
Total-loan	214,199	202,592
Residential Portfolio Segment [Member]
Loans:
Total-loan	105,784	108,343
Residential Portfolio Segment [Member] | Originated Loans [Member]
Allowance for loan losses:
Individually evaluated	415	435
Collectively evaluated	317	306
Total	732	741	783	580
Loans:
Individually evaluated-loan	5,071	4,095
Collectively evaluated-loan	119,979	126,506
Total-loan	102,570	106,275
Residential Portfolio Segment [Member] | Purchased Loans [Member]
Loans:
Total-loan	3,214	2,068
Commercial Real Estate Portfolio Segment [Member]
Loans:
Total-loan	363,600	348,676
Commercial Real Estate Portfolio Segment [Member] | Originated Loans [Member]
Allowance for loan losses:
Individually evaluated	21	21
Collectively evaluated	712	673
Total	733	694	340	358
Loans:
Individually evaluated-loan	1,866	2,381
Collectively evaluated-loan	151,007	146,044
Total-loan	152,873	148,425
Commercial Real Estate Portfolio Segment [Member] | Purchased Loans [Member]
Loans:
Total-loan	210,727	200,251
Commercial Portfolio Segment [Member]
Loans:
Total-loan	126,734	123,133
Commercial Portfolio Segment [Member] | Originated Loans [Member]
Allowance for loan losses:
Collectively evaluated	134	117
Total	134	117	49	48
Loans:
Individually evaluated-loan	2	2
Collectively evaluated-loan	126,474	122,858
Total-loan	126,476	122,860
Commercial Portfolio Segment [Member] | Purchased Loans [Member]
Loans:
Total-loan	258	273
Consumer Portfolio Segment [Member]
Loans:
Total-loan	7,244	7,659
Consumer Portfolio Segment [Member] | Originated Loans [Member]
Allowance for loan losses:
Collectively evaluated	46	35
Total	46	35	51	79
Loans:
Individually evaluated-loan	375	253
Collectively evaluated-loan	6,869	7,406
Total-loan	7,244	7,659
Unallocated Financing Receivables [Member]
Allowance for loan losses:
Collectively evaluated	56	56
Total	$ 56	$ 56	$ 45	$ 35

Note 4 - Loans, Allowance for37

Note 4 - Loans, Allowance for Loan Losses and Credit Quality (Details) - Impaired Loans - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Jun. 30, 2015
Impaired loans without a valuation allowance:
Impaired loans without a valuation allowance, recorded investment	$ 12,300		$ 11,408
Impaired loans without a valuation allowance, unpaid principal balance	14,664		13,456
Impaired loans without a valuation allowance, average recorded investment	11,854	$ 6,423
Impaired loans without a valuation allowance, interest income recognized	65	103
Impaired loans with a valuation allowance:
Impaired loans with a valuation allowance, recorded investment	5,771		4,204
Impaired loans with a valuation allowance, unpaid principal balance	6,601		4,574
Related allowance	745		716
Impaired loans with a valuation allowance, average recorded investment	4,987	4,649
Impaired loans with a valuation allowance, interest income recognized	72	52
Total impaired loans	18,071		15,612
Total impaired loans	21,265		18,030
Total impaired loans	745		716
Total impaired loans	16,841	11,072
Total impaired loans	137	155
Residential Portfolio Segment [Member] | Originated Loans [Member]
Impaired loans without a valuation allowance:
Impaired loans without a valuation allowance, recorded investment	3,063		1,975
Impaired loans without a valuation allowance, unpaid principal balance	3,244		2,076
Impaired loans without a valuation allowance, average recorded investment	2,520	1,201
Impaired loans without a valuation allowance, interest income recognized	39	17
Impaired loans with a valuation allowance:
Impaired loans with a valuation allowance, recorded investment	2,008		2,120
Impaired loans with a valuation allowance, unpaid principal balance	1,948		2,060
Related allowance	415		435
Impaired loans with a valuation allowance, average recorded investment	2,064	1,707
Impaired loans with a valuation allowance, interest income recognized	23	28
Total impaired loans	415		435
Consumer Portfolio Segment [Member] | Originated Loans [Member]
Impaired loans without a valuation allowance:
Impaired loans without a valuation allowance, recorded investment	328		253
Impaired loans without a valuation allowance, unpaid principal balance	361		262
Impaired loans without a valuation allowance, average recorded investment	290	196
Impaired loans without a valuation allowance, interest income recognized	5	3
Impaired loans with a valuation allowance:
Impaired loans with a valuation allowance, recorded investment	47
Impaired loans with a valuation allowance, unpaid principal balance	53
Impaired loans with a valuation allowance, average recorded investment	23	35
Impaired loans with a valuation allowance, interest income recognized	1	1
Commercial Real Estate Portfolio Segment [Member] | Originated Loans [Member]
Impaired loans without a valuation allowance:
Impaired loans without a valuation allowance, recorded investment	895		1,505
Impaired loans without a valuation allowance, unpaid principal balance	894		1,510
Impaired loans without a valuation allowance, average recorded investment	1,200	1,088
Impaired loans without a valuation allowance, interest income recognized	7	7
Impaired loans with a valuation allowance:
Impaired loans with a valuation allowance, recorded investment	971		876
Impaired loans with a valuation allowance, unpaid principal balance	965		870
Related allowance	21		21
Impaired loans with a valuation allowance, average recorded investment	924	1,334
Impaired loans with a valuation allowance, interest income recognized	12	20
Total impaired loans	21		21
Commercial Real Estate Portfolio Segment [Member] | Purchased Loans [Member]
Impaired loans without a valuation allowance:
Impaired loans without a valuation allowance, recorded investment	8,012		7,673
Impaired loans without a valuation allowance, unpaid principal balance	10,163		9,606
Impaired loans without a valuation allowance, average recorded investment	7,842	3,938
Impaired loans without a valuation allowance, interest income recognized	14	75
Impaired loans with a valuation allowance:
Impaired loans with a valuation allowance, recorded investment	2,745		1,208
Impaired loans with a valuation allowance, unpaid principal balance	3,635		1,644
Related allowance	309		260
Impaired loans with a valuation allowance, average recorded investment	1,976	1,573
Impaired loans with a valuation allowance, interest income recognized	36	3
Total impaired loans	309		260
Commercial Portfolio Segment [Member] | Originated Loans [Member]
Impaired loans without a valuation allowance:
Impaired loans without a valuation allowance, recorded investment	2		2
Impaired loans without a valuation allowance, unpaid principal balance	2		$ 2
Impaired loans without a valuation allowance, average recorded investment	$ 2
Impaired loans without a valuation allowance, interest income recognized		$ 1

Note 4 - Loans, Allowance for38

Note 4 - Loans, Allowance for Loan Losses and Credit Quality (Details) - Company's Loans by Risk Rating - USD ($) $ in Thousands		Sep. 30, 2015	Jun. 30, 2015
Financing Receivable, Recorded Investment [Line Items]
Loans by risk rating		$ 502,391	$ 483,012
Loans Rated 1-6 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans by risk rating		483,570	463,392
Loans Rated 7 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans by risk rating		8,885	10,710
Loans Rated 8 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans by risk rating		9,913	8,887
Loans Rated 9 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans by risk rating		23	23
Purchased Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans by risk rating		214,199	202,592
Purchased Loans [Member] | Loans Rated 1-6 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans by risk rating		200,745	190,193
Purchased Loans [Member] | Loans Rated 7 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans by risk rating		5,189	5,628
Purchased Loans [Member] | Loans Rated 8 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans by risk rating		8,265	6,771
Commercial Real Estate Portfolio Segment [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans by risk rating		152,873	148,425
Commercial Real Estate Portfolio Segment [Member] | Originated Loans [Member] | Loans Rated 1-6 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans by risk rating		148,790	142,321
Commercial Real Estate Portfolio Segment [Member] | Originated Loans [Member] | Loans Rated 7 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans by risk rating		3,045	4,417
Commercial Real Estate Portfolio Segment [Member] | Originated Loans [Member] | Loans Rated 8 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans by risk rating		1,038	1,687
Commercial Portfolio Segment [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans by risk rating		126,476	122,860
Commercial Portfolio Segment [Member] | Originated Loans [Member] | Loans Rated 1-6 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans by risk rating		126,452	122,829
Commercial Portfolio Segment [Member] | Originated Loans [Member] | Loans Rated 7 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans by risk rating		24	31
Residential Portfolio Segment [Member] | Originated Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans by risk rating	[1]	8,843	9,135
Residential Portfolio Segment [Member] | Originated Loans [Member] | Loans Rated 1-6 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans by risk rating	[1]	7,583	8,049
Residential Portfolio Segment [Member] | Originated Loans [Member] | Loans Rated 7 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans by risk rating	[1]	627	634
Residential Portfolio Segment [Member] | Originated Loans [Member] | Loans Rated 8 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans by risk rating	[1]	610	429
Residential Portfolio Segment [Member] | Originated Loans [Member] | Loans Rated 9 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans by risk rating	[1]	$ 23	$ 23
Residential Portfolio Segment [Member] | Originated Loans [Member] | Loans Rated 10 [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans by risk rating	[1]
[1]	Certain of the Company's loans made for commercial purposes, but secured by residential collateral, are rated under the Company's risk-rating system.

Note 4 - Loans, Allowance for39

Note 4 - Loans, Allowance for Loan Losses and Credit Quality (Details) - Company's Post Modification Balance of TDRs by Type of Modification $ in Thousands	3 Months Ended
	Sep. 30, 2014USD ($)
Financing Receivable, Modifications [Line Items]
Number of Contracts	11
Recorded investment post-modification	$ 1,026
Extended Maturity [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	2
Recorded investment post-modification	$ 234
Rate and Maturity [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	4
Recorded investment post-modification	$ 246
Principal Forgiveness [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	1
Recorded investment post-modification	$ 461
Court Ordered Concession [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	4
Recorded investment post-modification	$ 85
Originated Loans [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	1,026
Recorded investment post-modification	$ 11
Recorded investmen pre-modification	$ 1,026
Purchased Loans [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	1,026
Recorded investment post-modification	$ 11
Recorded investmen pre-modification	$ 1,026
Residential Portfolio Segment [Member] | Originated Loans [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	823
Recorded investment post-modification	$ 9
Recorded investmen pre-modification	$ 823
Commercial Real Estate Portfolio Segment [Member] | Originated Loans [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	200
Recorded investment post-modification	$ 1
Recorded investmen pre-modification	$ 200
Consumer Portfolio Segment [Member] | Originated Loans [Member]
Financing Receivable, Modifications [Line Items]
Number of Contracts	3
Recorded investment post-modification	$ 1
Recorded investmen pre-modification	$ 3

Note 4 - Loans, Allowance for40

Note 4 - Loans, Allowance for Loan Losses and Credit Quality (Details) - Loans Acquired by the Company Accounted for Under ASC 310-30 - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Loans Acquired by the Company Accounted for Under ASC 310-30 [Abstract]
Contractually required payments receivable	$ 31,276	$ 21,108
Nonaccretable difference	(291)	(304)
Cash flows expected to be collected	30,985	20,804
Accretable yield	(7,527)	(7,960)
Fair value of loans acquired	$ 23,458	$ 12,844

Note 4 - Loans, Allowance for41

Note 4 - Loans, Allowance for Loan Losses and Credit Quality (Details) - Certain of the Loans Accounted for Under Asc 310-30 That Were Acquired by the Company Are Not Accoun $ in Thousands	3 Months Ended
	Sep. 30, 2015USD ($)
Certain of the Loans Accounted for Under Asc 310-30 That Were Acquired by the Company Are Not Accoun [Abstract]
Loans acquired during the period	$ 0
Loans at end of period	$ 6,826

Note 4 - Loans, Allowance for42

Note 4 - Loans, Allowance for Loan Losses and Credit Quality (Details) - Summary of the Activity in the Accretable Yield for Loans Accounted for Under ASC 310-30 - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Summary of the Activity in the Accretable Yield for Loans Accounted for Under ASC 310-30 [Abstract]
Beginning balance	$ 111,449	$ 109,040
Acquisitions	7,527	7,960
Accretion	(3,755)	(4,443)
Reclassifications from non-accretable difference to accretable yield	277	10
Disposals and other changes	(5,883)	(4,215)
Ending balance	$ 109,615	$ 108,352

Note 4 - Loans, Allowance for43

Note 4 - Loans, Allowance for Loan Losses and Credit Quality (Details) - Information Related to the Unpaid Principal Balance and Carrying Amounts of ASC 310-30 Loans - USD ($) $ in Thousands	Sep. 30, 2015	Jun. 30, 2015
Information Related to the Unpaid Principal Balance and Carrying Amounts of ASC 310-30 Loans [Abstract]
Unpaid principal balance	$ 244,468	$ 235,716
Carrying amount	$ 210,285	$ 199,113

Note 5 - Transfers and Servic44

Note 5 - Transfers and Servicing of Financial Assets (Details) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Sep. 30, 2015	Sep. 30, 2014	Jun. 30, 2015
Note 5 - Transfers and Servicing of Financial Assets (Details) [Line Items]
Servicing Asset at Amortized Cost	$ 1,300		$ 1,100
Proceeds from Sale of Loans Held-for-investment	6,154	$ 793
Contractually Specified Servicing Fees, Amount	149	125
Mortgage Servicing Rights [Member]
Note 5 - Transfers and Servicing of Financial Assets (Details) [Line Items]
Proceeds from Sale of Loans Held-for-investment	28,900	30,800
Proceeds from Sale of Mortgage Servicing Rights (MSR)	$ 104,300		108,400
Assumption for Fair Value of Assets or Liabilities that relate to Transferor's Continuing Involvement, Discount Rate	7.00%
Assumption for Fair Value of Assets or Liabilities that relate to Transferor's Continuing Involvement, Prepayment Speed	12.70%
SBA [Member]
Note 5 - Transfers and Servicing of Financial Assets (Details) [Line Items]
Proceeds from Sale of Loans Held-for-investment	$ 5,500	$ 687
Proceeds from Sale of Mortgage Servicing Rights (MSR)	$ 56,900		$ 53,500
Assumption for Fair Value of Assets or Liabilities that relate to Transferor's Continuing Involvement, Prepayment Speed	7.10%
Minimum [Member] | SBA [Member]
Note 5 - Transfers and Servicing of Financial Assets (Details) [Line Items]
Servicing Assets and Servicing Liabilities at Fair Value, Assumptions Used to Estimate Fair Value, Discount Rate	4.40%
Maximum [Member] | SBA [Member]
Note 5 - Transfers and Servicing of Financial Assets (Details) [Line Items]
Servicing Assets and Servicing Liabilities at Fair Value, Assumptions Used to Estimate Fair Value, Discount Rate	6.00%

Note 6 - Investments in Quali45

Note 6 - Investments in Qualified Affordable Housing Projects (Details) $ in Thousands	Jul. 01, 2015USD ($)
ASU 2014-01, Accounting for Investments in Qualified Affordable Housing Projects [Member]
Note 6 - Investments in Qualified Affordable Housing Projects (Details) [Line Items]
Prior Period Reclassification Adjustment	$ 112

Note 6 - Investments in Quali46

Note 6 - Investments in Qualified Affordable Housing Projects (Details) - Investments in Qualified Affordable Housing Projects - USD ($) $ in Thousands	Sep. 30, 2015	Jun. 30, 2015
Investments In Qualified Affordable Housing Projects [Abstract]
Investments in affordable housing projects included in other assets	$ 474	$ 508

Note 6 - Investments in Quali47

Note 6 - Investments in Qualified Affordable Housing Projects (Details) - Investments in Qualified Affordable Housing Projects Tax Effect - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Investments in Qualified Affordable Housing Projects Tax Effect [Abstract]
Investment amortization included in income tax expense	$ 92	$ 92
Tax credit recognized as income tax benefit	$ 118	$ 118

Note 7 - Earnings Per Share (48

Note 7 - Earnings Per Share (EPS) (Details) - Number of Shared Outstanding for Basic and Diluted EPS - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Number of Shared Outstanding for Basic and Diluted EPS [Abstract]
Net income	$ 1,867	$ 1,647
Net income available to common shareholders	$ 1,867	$ 1,647
Weighted average shares used in calculation of basic EPS	9,562,812	10,180,038
Weighted average shares used in calculation of diluted EPS	9,562,812	10,180,038
Earnings per common share:
Basic	$ 0.20	$ 0.16
Diluted	$ 0.20	$ 0.16

Note 7 - Earnings Per Share (49

Note 7 - Earnings Per Share (EPS) (Details) - Average Anti-Dilutive Options and Warrants - shares shares in Thousands	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options	980,269	1,082,121

Note 8 - Derivatives and Hedg50

Note 8 - Derivatives and Hedging Activities (Details) $ in Millions	3 Months Ended
	Sep. 30, 2015USD ($)	Sep. 30, 2014
Note 8 - Derivatives and Hedging Activities (Details) [Line Items]
Derivative, Collateral, Right to Reclaim Cash (in Dollars)	$ 1.8
Interest Rate Cap [Member]
Note 8 - Derivatives and Hedging Activities (Details) [Line Items]
Derivative Number of Contracts Terminated Prior to Maturity	0	0
Interest Rate Swap [Member]
Note 8 - Derivatives and Hedging Activities (Details) [Line Items]
Derivative Number of Contracts Terminated Prior to Maturity	0	0

Note 8 - Derivatives and Hedg51

Note 8 - Derivatives and Hedging Activities (Details) - Information Pertaining to Outstanding Interest Rate Caps and Swap Agreements Used to Hedge Variable Rate Debt - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2015	Jun. 30, 2015
Derivative [Line Items]
Notional Amount	$ 31,000	$ 31,000
Unrealized Gain	(2,079)	(1,242)
Fair Value of liabilities	(1,687)	(849)
Notional Amount-Total	31,000	31,000
Unrealized Gain-Total	(2,079)	(1,242)
Fair Value-Total	(1,687)	(849)
Interest Rate Swaps Terminating in July 2033 [Member] | Other Liabilities [Member]
Derivative [Line Items]
Notional Amount	$ 5,000	$ 5,000
Index	3 Mo. LIBOR	3 Mo. LIBOR
Receive Rate	0.33%	0.28%
Pay Rate	3.38%	3.38%
Strike Rate
Unrealized Gain	$ (801)	$ (472)
Fair Value of liabilities	$ (801)	$ (472)
Pay Rate	3.38%	3.38%
Notional Amount-Total	$ 5,000	$ 5,000
Unrealized Gain-Total	(801)	(472)
Fair Value-Total	(801)	(472)
Interest Rate Swaps Terminating in July 2028 [Member] | Other Liabilities [Member]
Derivative [Line Items]
Notional Amount	$ 5,000	$ 5,000
Index	3 Mo. LIBOR	3 Mo. LIBOR
Receive Rate	0.33%	0.28%
Pay Rate	3.23%	3.23%
Strike Rate
Unrealized Gain	$ (624)	$ (368)
Fair Value of liabilities	$ (624)	$ (368)
Pay Rate	3.23%	3.23%
Notional Amount-Total	$ 5,000	$ 5,000
Unrealized Gain-Total	(624)	(368)
Fair Value-Total	(624)	(368)
Interest Rate Swaps Terminating in July 2023 [Member] | Other Liabilities [Member]
Derivative [Line Items]
Notional Amount	$ 5,000	$ 5,000
Index	3 Mo. LIBOR	3 Mo. LIBOR
Receive Rate	0.33%	0.28%
Pay Rate	2.77%	2.77%
Strike Rate
Unrealized Gain	$ (377)	$ (208)
Fair Value of liabilities	$ (377)	$ (208)
Pay Rate	2.77%	2.77%
Notional Amount-Total	$ 5,000	$ 5,000
Unrealized Gain-Total	(377)	(208)
Fair Value-Total	(377)	(208)
Interest Rate Caps Terminating in September 2019 [Member] | Other Assets [Member]
Derivative [Line Items]
Notional Amount	$ 6,000	$ 6,000
Index	3 Mo. LIBOR	3 Mo. LIBOR
Receive Rate
Pay Rate
Strike Rate	2.50%	2.50%
Unrealized Gain	$ (141)	$ (114)
Fair Value of liabilities		$ 63
Pay Rate
Fair Value of assets	$ 35
Notional Amount-Total	6,000	$ 6,000
Unrealized Gain-Total	(141)	(114)
Fair Value-Total		63
Interest Rate Caps Terminating in February 2020 [Member] | Other Assets [Member]
Derivative [Line Items]
Notional Amount	$ 10,000	$ 10,000
Index	3 Mo. LIBOR	3 Mo. LIBOR
Receive Rate
Pay Rate
Strike Rate	2.50%	2.50%
Unrealized Gain	$ (136)	$ (80)
Pay Rate
Fair Value of assets	$ 80	$ 136
Notional Amount-Total	10,000	10,000
Unrealized Gain-Total	$ (136)	$ (80)

Note 9 - Other Comprehensive 52

Note 9 - Other Comprehensive Income (Details) - Components of Other Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2015	Sep. 30, 2014
Components of Other Comprehensive Income (Loss) [Abstract]
Change in net unrealized gain or loss on available-for-sale securities	$ 466	$ (275)
Change in net unrealized gain or loss on available-for-sale securities	178	(93)
Change in net unrealized gain or loss on available-for-sale securities	288	(182)
Total available-for-sale securities	466	(275)
Total available-for-sale securities	178	(93)
Total available-for-sale securities	288	(182)
Change in accumulated loss on effective cash flow hedges	(838)	(272)
Change in accumulated loss on effective cash flow hedges	(319)	(92)
Change in accumulated loss on effective cash flow hedges	(519)	(180)
Reclassification adjustment for net gains included in net income		(9)
Reclassification adjustment for net gains included in net income		(3)
Reclassification adjustment for net gains included in net income		(6)
Total derivatives and hedging activities	(838)	(281)
Total derivatives and hedging activities	(319)	(95)
Total derivatives and hedging activities	(519)	(186)
Total other comprehensive loss	(372)	(556)
Total other comprehensive loss	(141)	(188)
Total other comprehensive loss	$ (231)	$ (368)

Note 9 - Other Comprehensive 53

Note 9 - Other Comprehensive Income (Details) - Components of Accumulated Other Comprehensive Loss - USD ($) $ in Thousands	Sep. 30, 2015	Jun. 30, 2015
Accumulated Other Comprehensive Income (Loss) [Line Items]
Net-of-tax amount	$ (1,519)	$ (1,288)
Unrealized Loss on Available-for-sale Securities [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Before tax	(370)	(836)
Tax effect	140	318
Net-of-tax amount	(230)	(518)
Unrealized Loss on Cash Flow Hedges [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Before tax	(2,080)	(1,242)
Tax effect	791	472
Net-of-tax amount	$ (1,289)	$ (770)

Note 10 - Commitments and Con54

Note 10 - Commitments and Contingencies (Details) - USD ($) $ in Thousands	Sep. 30, 2015	Jun. 30, 2015
Note 10 - Commitments and Contingencies (Details) [Line Items]
Loss Contingency, Estimate of Possible Loss	$ 37	$ 37
CRA Qualified Investment [Member]
Note 10 - Commitments and Contingencies (Details) [Line Items]
Fair Value Disclosure, Off-balance Sheet Risks, Face Amount, Liability	$ 2,500

Note 10 - Commitments and Con55

Note 10 - Commitments and Contingencies (Details) - Financial Instruments with Contract Amounts That Represent Credit Risk - USD ($) $ in Thousands	Sep. 30, 2015	Jun. 30, 2015
Commitments to Originate Loans [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial Instruments which represent credit risk	$ 24,954	$ 24,966
Unused Lines of Credit Risk [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial Instruments which represent credit risk	39,509	39,414
Standby Letters of Credit Risk [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial Instruments which represent credit risk	60	$ 60
CRA Qualified Investment [Member]
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial Instruments which represent credit risk	$ 2,500

Note 11 - Fair Value Measurem56

Note 11 - Fair Value Measurements (Details)	3 Months Ended
	Sep. 30, 2015
Minimum [Member] | Market Approach Valuation Technique [Member]
Note 11 - Fair Value Measurements (Details) [Line Items]
Fair Value Inputs, Underlying Collateral on Impaired Loans	5.00%
Minimum [Member] | Income Approach Valuation Technique [Member]
Note 11 - Fair Value Measurements (Details) [Line Items]
Fair Value Inputs, Prepayment Rate	7.06%
Fair Value Inputs, Discount Rate	4.36%
Maximum [Member] | Market Approach Valuation Technique [Member]
Note 11 - Fair Value Measurements (Details) [Line Items]
Fair Value Inputs, Underlying Collateral on Impaired Loans	60.00%
Maximum [Member] | Income Approach Valuation Technique [Member]
Note 11 - Fair Value Measurements (Details) [Line Items]
Fair Value Inputs, Prepayment Rate	12.71%
Fair Value Inputs, Discount Rate	7.00%

Note 11 - Fair Value Measurem57

Note 11 - Fair Value Measurements (Details) - Assets and Liablities Measured at Fair Value on a Recurring Basis - USD ($) $ in Thousands		Sep. 30, 2015	Jun. 30, 2015
Securities available-for-sale:
Securities available-for-sale		$ 101,344	$ 101,908
Liabilities
Other liabilities		1,687	849
Interest Rate Cap [Member]
Securities available-for-sale:
Other assets		115	199
Interest Rate Cap [Member] | Fair Value, Measurements, Recurring [Member]
Securities available-for-sale:
Other assets		115	199
Interest Rate Swap [Member]
Liabilities
Other liabilities		1,802	1,048
Interest Rate Swap [Member] | Fair Value, Measurements, Recurring [Member]
Liabilities
Other liabilities		1,802	1,048
US Government Agencies Debt Securities [Member]
Securities available-for-sale:
Securities available-for-sale		45,167	48,230
US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Securities available-for-sale:
Securities available-for-sale		45,167	48,230
Collateralized Mortgage Backed Securities [Member]
Securities available-for-sale:
Securities available-for-sale		51,145	53,678
Collateralized Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Securities available-for-sale:
Securities available-for-sale		51,145	$ 53,678
Collateralized Debt Obligations [Member]
Securities available-for-sale:
Securities available-for-sale		5,032
Collateralized Debt Obligations [Member] | Fair Value, Measurements, Recurring [Member]
Securities available-for-sale:
Securities available-for-sale	[1]	$ 5,032
Fair Value, Inputs, Level 1 [Member] | Collateralized Debt Obligations [Member] | Fair Value, Measurements, Recurring [Member]
Securities available-for-sale:
Securities available-for-sale	[1]
Fair Value, Inputs, Level 2 [Member] | Interest Rate Cap [Member]
Securities available-for-sale:
Other assets		$ 115	$ 199
Fair Value, Inputs, Level 2 [Member] | Interest Rate Cap [Member] | Fair Value, Measurements, Recurring [Member]
Securities available-for-sale:
Other assets		115	199
Fair Value, Inputs, Level 2 [Member] | Interest Rate Swap [Member]
Liabilities
Other liabilities		1,802	1,048
Fair Value, Inputs, Level 2 [Member] | Interest Rate Swap [Member] | Fair Value, Measurements, Recurring [Member]
Liabilities
Other liabilities		1,802	1,048
Fair Value, Inputs, Level 2 [Member] | US Government Agencies Debt Securities [Member] | Fair Value, Measurements, Recurring [Member]
Securities available-for-sale:
Securities available-for-sale		45,167	48,230
Fair Value, Inputs, Level 2 [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Measurements, Recurring [Member]
Securities available-for-sale:
Securities available-for-sale		$ 51,145	$ 53,678
Fair Value, Inputs, Level 2 [Member] | Collateralized Debt Obligations [Member] | Fair Value, Measurements, Recurring [Member]
Securities available-for-sale:
Securities available-for-sale	[1]
Fair Value, Inputs, Level 3 [Member] | Collateralized Debt Obligations [Member] | Fair Value, Measurements, Recurring [Member]
Securities available-for-sale:
Securities available-for-sale	[1]
[1]	In accordance with ASU 820-10, certain investments that are measured at fair value using the net asset value per share (or its equivalent) as a practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value amount to the consolidated financial statements.

Note 11 - Fair Value Measurem58

Note 11 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Nonrecurring Basis - USD ($) $ in Thousands	Sep. 30, 2015	Jun. 30, 2015
Note 11 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Nonrecurring Basis [Line Items]
Collateral dependent impaired loans	$ 18,071	$ 15,612
Real estate owned and other repossessed collateral	1,279	1,651
Fair Value, Measurements, Nonrecurring [Member]
Note 11 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Nonrecurring Basis [Line Items]
Collateral dependent impaired loans	987	932
Real estate owned and other repossessed collateral	1,279	1,651
Loan servicing rights	1,310	1,123
Fair Value, Inputs, Level 3 [Member] | Fair Value, Measurements, Nonrecurring [Member]
Note 11 - Fair Value Measurements (Details) - Assets Measured at Fair Value on a Nonrecurring Basis [Line Items]
Collateral dependent impaired loans	987	932
Real estate owned and other repossessed collateral	1,279	1,651
Loan servicing rights	$ 1,310	$ 1,123

Note 11 - Fair Value Measurem59

Note 11 - Fair Value Measurements (Details) - Quantitative Information - Fair Value, Measurements, Nonrecurring [Member] - USD ($) $ in Thousands		Sep. 30, 2015	Jun. 30, 2015
Market Approach Valuation Technique [Member] | Collateral Dependent Impaired Loans [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a nonrecurring basis	[1]	$ 987	$ 932
Market Approach Valuation Technique [Member] | Real Estate Owned and Other Repossessed Collateral [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a nonrecurring basis	[1]	1,279	1,651
Income Approach Valuation Technique [Member] | Loan Servicing Rights [Member]
Fair Value Inputs, Assets, Quantitative Information [Line Items]
Assets measured at fair value on a nonrecurring basis	[2]	$ 1,385	$ 1,123
[1]	Fair value is generally determined through independent appraisals of the underlying collateral. The Company may also use another available source of collateral assessment to determine a reasonable estimate of the fair value of the collateral. Appraisals may be adjusted by management for qualitative factors such as economic factors and estimated liquidation expenses. The range of these possible adjustments was 5% to 60%.
[2]	Fair value is determined using a discounted cash flow model. The unobservable inputs include anticipated rate of loan prepayments and discount rates. The range of prepayment assumptions used was 7.06% to 12.71%. For discount rates, the range was 4.36% to 7.00%.

Note 11 - Fair Value Measurem60

Note 11 - Fair Value Measurements (Details) - Estimated Fair Value of the Company's Financial Instruments - USD ($) $ in Thousands		Sep. 30, 2015	Jun. 30, 2015
Financial assets:
Cash and cash equivalents		$ 86,213	$ 89,850
Available-for-sale securities		96,312	$ 101,908
Other investments measured at net asset value	[1]	5,032
Federal Home Loan Bank stock		4,102	$ 4,102
Loans held for sale		7,536	9,035
Loans, net		623,777	610,211
Accrued interest receivable		1,361	1,335
Financial liabilities:
Deposits		693,478	674,759
FHLB advances		30,159	30,188
Wholesale repurchase agreements			10,037
Short-term borrowings		2,479	2,349
Capital lease obligation		1,312	1,368
Subordinated debentures		8,674	8,626
Interest rate swaps		1,687	849
Interest Rate Cap [Member]
Financial assets:
Interest rate caps		115	199
Interest Rate Swap [Member]
Financial liabilities:
Interest rate swaps		1,802	1,048
Total [Member]
Financial assets:
Cash and cash equivalents		86,213	89,850
Available-for-sale securities		96,312	$ 101,908
Other investments measured at net asset value	[1]	5,032
Federal Home Loan Bank stock		4,102	$ 4,102
Loans held for sale		7,536	9,035
Loans, net		625,655	613,896
Accrued interest receivable		1,361	1,335
Financial liabilities:
Deposits		693,873	675,285
FHLB advances		30,768	30,867
Wholesale repurchase agreements			10,098
Short-term borrowings		2,479	2,349
Capital lease obligation		1,415	1,448
Subordinated debentures		8,992	8,471
Total [Member] | Interest Rate Cap [Member]
Financial assets:
Interest rate caps		115	199
Total [Member] | Interest Rate Swap [Member]
Financial liabilities:
Interest rate swaps		1,802	1,048
Fair Value, Inputs, Level 1 [Member]
Financial assets:
Cash and cash equivalents		$ 86,213	$ 89,850
Other investments measured at net asset value	[1]
Fair Value, Inputs, Level 2 [Member]
Financial assets:
Available-for-sale securities		$ 96,312	$ 101,908
Other investments measured at net asset value	[1]
Federal Home Loan Bank stock		$ 4,102	$ 4,102
Loans held for sale		7,536	9,035
Accrued interest receivable		1,361	1,335
Financial liabilities:
Deposits		693,873	675,285
FHLB advances		30,768	30,867
Wholesale repurchase agreements			10,098
Short-term borrowings		2,479	2,349
Capital lease obligation		1,415	1,448
Fair Value, Inputs, Level 2 [Member] | Interest Rate Cap [Member]
Financial assets:
Interest rate caps		115	199
Fair Value, Inputs, Level 2 [Member] | Interest Rate Swap [Member]
Financial liabilities:
Interest rate swaps		$ 1,802	$ 1,048
Fair Value, Inputs, Level 3 [Member]
Financial assets:
Other investments measured at net asset value	[1]
Loans, net		$ 625,655	$ 613,896
Financial liabilities:
Subordinated debentures		$ 8,992	$ 8,471
[1]	In accordance with ASU 820-10, certain investments that are measured at fair value using the net asset value per share (or its equivalent) as a practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in the table are intended to permit reconciliation of the fair value amount to the consolidated financial statements.