Northeast Bank (NBN) 10-K 13 Sep 17 2017 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($)	12 Months Ended
	Jun. 30, 2017	Sep. 06, 2017	Dec. 31, 2016
Document Information [Line Items]
Entity Registrant Name	NORTHEAST BANCORP /ME/
Entity Central Index Key	811,831
Trading Symbol	nbn
Current Fiscal Year End Date	--06-30
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Public Float			$ 87,688,256
Document Type	10-K
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY
Amendment Flag	false
Voting Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		7,853,075
Nonvoting Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		991,194

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($)	Jun. 30, 2017	Jun. 30, 2016
Assets
Cash and due from banks	$ 3,582,000	$ 2,459,000
Short-term investments	159,701,000	148,698,000
Total cash and cash equivalents	163,283,000	151,157,000
Available-for-sale securities, at fair value	96,693,000	100,572,000
Residential real estate loans held for sale	4,508,000	6,449,000
SBA loans held for sale	191,000	1,070,000
Total loans held for sale	4,699,000	7,519,000
Loans	779,195,000	692,436,000
Less: Allowance for loan losses	3,665,000	2,350,000
Loans, net	775,530,000	690,086,000
Premises and equipment, net	6,937,000	7,801,000
Real estate owned and other repossessed collateral, net	826,000	1,652,000
Federal Home Loan Bank stock, at cost	1,938,000	2,408,000
Intangible assets, net	1,300,000	1,732,000
Servicing rights, net	2,846,000	1,771,000
Bank-owned life insurance	16,179,000	15,725,000
Other assets	6,643,000	5,730,000
Total assets	1,076,874,000	986,153,000
Liabilities and Shareholders' Equity
Demand	69,827,000	66,686,000
Savings and interest checking	108,417,000	107,218,000
Money market	374,569,000	275,437,000
Time	337,037,000	351,091,000
Total deposits	889,850,000	800,432,000
Federal Home Loan Bank advances	20,011,000	30,075,000
Subordinated debt	23,620,000	23,331,000
Capital lease obligation	873,000	1,128,000
Other liabilities	19,723,000	14,596,000
Total liabilities	954,077,000	869,562,000
Commitments and contingencies (Note 15)
Shareholders' equity
Preferred stock, $1.00 par value, 1,000,000 shares authorized; no shares issued and outstanding at June 30, 2017 and June 30, 2016
Additional paid-in capital	77,455,000	83,020,000
Retained earnings	38,142,000	26,160,000
Accumulated other comprehensive loss	(1,632,000)	(1,906,000)
Total shareholders' equity	122,797,000	116,591,000
Total liabilities and shareholders' equity	1,076,874,000	986,153,000
Voting Common Stock [Member]
Shareholders' equity
Common Stock	7,841,000	8,089,000
Nonvoting Common Stock [Member]
Shareholders' equity
Common Stock	991,000	1,228,000
Commercial Real Estate Portfolio Segment [Member]
Assets
Loans	498,004,000	426,568,000
Residential Portfolio Segment [Member]
Assets
Loans	101,168,000	113,962,000
Commercial Portfolio Segment [Member]
Assets
Loans	175,654,000	145,956,000
Consumer Portfolio Segment [Member]
Assets
Loans	$ 4,369,000	$ 5,950,000

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) - $ / shares	Jun. 30, 2017	Jun. 30, 2016
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Voting Common Stock [Member]
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	25,000,000	25,000,000
Common stock, shares issued (in shares)	7,840,460	8,089,790
Common stock, shares outstanding (in shares)	7,840,460	8,089,790
Nonvoting Common Stock [Member]
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	3,000,000	3,000,000
Common stock, shares issued (in shares)	991,194	1,227,683
Common stock, shares outstanding (in shares)	991,194	1,227,683

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Interest and dividend income:
Interest and fees on loans	$ 55,857	$ 45,849	$ 43,383
Interest on available-for-sale securities	1,018	930	913
Other interest and dividend income	1,046	456	292
Total interest and dividend income	57,921	47,235	44,588
Interest expense:
Deposits	7,357	6,027	5,010
Federal Home Loan Bank advances	800	1,027	1,101
Wholesale repurchase agreements		67	288
Short-term borrowings		20	29
Subordinated debt	1,888	651	718
Obligation under capital lease agreements	51	63	74
Total interest expense	10,096	7,855	7,220
Net interest and dividend income before provision for loan losses	47,825	39,380	37,368
Provision for loan losses	1,594	1,618	717
Net interest and dividend income after provision for loan losses	46,231	37,762	36,651
Noninterest income:
Fees for other services to customers	1,952	1,657	1,494
Gain on sales of residential loans held for sale	1,452	1,684	1,877
Gain on sales of SBA loans	5,277	4,178	2,821
Gain on sale of other loans	365
(Loss) gain recognized on real estate owned and other repossessed collateral, net	(23)	(255)	428
Bank-owned life insurance income	454	449	440
Other noninterest income	219	60	29
Total noninterest income	9,696	7,773	7,089
Noninterest expense:
Salaries and employee benefits	21,706	19,548	18,817
Occupancy and equipment expense	5,002	5,227	4,939
Professional fees	1,666	1,463	1,658
Data processing fees	1,744	1,487	1,355
Marketing expense	392	285	244
Loan acquisition and collection expense	1,734	1,368	1,458
FDIC insurance premiums	303	489	504
Intangible asset amortization	432	477	589
Other noninterest expense	2,810	3,468	3,040
Total noninterest expense	35,789	33,812	32,604
Income before income tax expense	20,138	11,723	11,136
Income tax expense	7,799	4,104	3,995
Net income	$ 12,339	$ 7,619	$ 7,141
Weighted-average shares outstanding:
Basic (in shares)	8,898,448	9,474,999	9,980,733
Diluted (in shares)	8,952,614	9,484,635	9,980,733
Earnings per common share:
Basic (in dollars per share)	$ 1.39	$ 0.80	$ 0.72
Diluted (in dollars per share)	1.38	0.80	0.72
Cash dividends declared per common share (in dollars per share)	$ 0.04	$ 0.04	$ 0.04

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Net income	$ 12,339	$ 7,619	$ 7,141
Other comprehensive income (loss), before tax:
Change in net unrealized (loss) gain on available-for-sale securities	(1,145)	1,033	442
Change in accumulated gain (loss) on effective cash flow hedges	1,550	(2,032)	(529)
Reclassification adjustments included in net income	43	(3)	(49)
Total derivatives and hedging activities	1,593	(2,035)	(578)
Total other comprehensive income (loss), before tax	448	(1,002)	(136)
Income tax expense (benefit) related to other comprehensive income (loss)	174	(384)	(131)
Other comprehensive income (loss), net of tax	274	(618)	(5)
Comprehensive income	$ 12,613	$ 7,001	$ 7,136

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity - USD ($)	Preferred Stock [Member]	Common Stock [Member]Voting Common Stock [Member]	Common Stock [Member]Nonvoting Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balance at Jun. 30, 2014		$ 9,260,000	$ 881,000	$ 90,914,000	$ 12,182,000	$ (1,283,000)	$ 111,954,000
Balance (in shares) at Jun. 30, 2014		9,260,331	880,963
Forfeiture of restricted common stock (in shares)		(16,749)
Common stock repurchased		$ 711,000		5,955,000			6,666,000
Net income					7,141,000		7,141,000
Other comprehensive loss, net of tax						(5,000)	(5,000)
Common stock repurchased (in shares)		(710,662)
Common stock repurchased		$ (711,000)		(5,955,000)			(6,666,000)
Conversion of voting common stock to non-voting common stock (in shares)		(131,776)	131,776
Conversion of voting common stock to non-voting common stock		$ (132,000)	$ 132,000
Dividends on common stock at $0.04 per share					(402,000)		(402,000)
Stock-based compensation				705,000			705,000
Issuance of restricted common stock (in shares)		174,000
Issuance of restricted common stock		$ 174,000		(174,000)
Forfeiture of restricted common stock		(16,000)		16,000
Balance at Jun. 30, 2015		$ 8,575,000	$ 1,013,000	85,506,000	18,921,000	(1,288,000)	112,727,000
Balance (in shares) at Jun. 30, 2015		8,575,144	1,012,739
Forfeiture of restricted common stock (in shares)		(47,510)
Common stock repurchased		$ 323,000		3,036,000			3,359,000
Net income					7,619,000		7,619,000
Other comprehensive loss, net of tax						(618,000)	(618,000)
Common stock repurchased (in shares)		(322,900)
Common stock repurchased		$ (323,000)		(3,036,000)			(3,359,000)
Conversion of voting common stock to non-voting common stock (in shares)		(214,944)	214,944
Conversion of voting common stock to non-voting common stock		$ (215,000)	$ 215,000
Dividends on common stock at $0.04 per share					(380,000)		(380,000)
Stock-based compensation				613,000			613,000
Issuance of restricted common stock (in shares)		100,000
Issuance of restricted common stock		$ 100,000		(100,000)
Forfeiture of restricted common stock		(48,000)		37,000			(11,000)
Balance at Jun. 30, 2016		$ 8,089,000	$ 1,228,000	83,020,000	26,160,000	(1,906,000)	116,591,000
Balance (in shares) at Jun. 30, 2016		8,089,790	1,227,683
Forfeiture of restricted common stock (in shares)		(16,956)
Common stock repurchased		$ (645,000)		(6,298,000)			(6,943,000)
Net income					12,339,000		12,339,000
Other comprehensive loss, net of tax						274,000	274,000
Common stock repurchased (in shares)		(645,238)
Common stock repurchased		$ 645,000		6,298,000			6,943,000
Conversion of voting common stock to non-voting common stock (in shares)		236,489	(236,489)
Conversion of voting common stock to non-voting common stock		$ 237,000	$ (237,000)
Dividends on common stock at $0.04 per share					(357,000)		(357,000)
Stock-based compensation				945,000			945,000
Issuance of restricted common stock (in shares)		170,000
Issuance of restricted common stock		$ 170		(170)
Forfeiture of restricted common stock		$ (17,000)		4,000			(13,000)
Stock options exercised, net (in shares)		6,375
Stock options exercised, net		$ 7,000		(67,000)			(60,000)
Other				21,000			21,000
Balance at Jun. 30, 2017		$ 7,841,000	$ 991,000	$ 77,455,000	$ 38,142,000	$ (1,632,000)	$ 122,797,000
Balance (in shares) at Jun. 30, 2017		7,840,460	991,194

Consolidated Statements of Cha7

Consolidated Statements of Changes in Shareholders' Equity (Parentheticals) - $ / shares	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Retained Earnings [Member]
Cash dividends declared per common share (in dollars per share)	$ 0.03	$ 0.03	$ 0.04
Cash dividends declared per common share (in dollars per share)	$ 0.04	$ 0.04	$ 0.04

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Operating activities:
Net income	$ 12,339	$ 7,619	$ 7,141
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	1,594	1,618	717
Loss (gain) recognized on real estate owned, other repossessed collateral and premise and equipment, net	23	255	(428)
Amortization of subordinated debt issuance costs	110
Originations of loans held for sale	(122,924)	(130,010)	(98,383)
Net proceeds from sales of loans held for sale	153,939	134,522	126,430
Gain on sales of residential loans held for sale, net	(1,452)	(1,684)	(1,877)
Gain on sales of SBA and other loans held for sale, net	(5,642)	(4,178)	(2,821)
Amortization of intangible assets	432	477	589
Bank-owned life insurance income, net	(454)	(449)	(440)
Depreciation of premises and equipment	1,449	1,631	1,666
Deferred income tax (benefit) expense	(1,025)	2,122	(1,185)
Stock-based compensation	945	613	705
Amortization of available-for-sale securities, net	1,055	1,025	1,001
Changes in other assets and liabilities:
Other assets	(1,131)	(1,002)	31
Other liabilities	6,715	1,882	556
Net cash provided by operating activities	33,990	5,094	21,520
Investing activities:
Purchases of available-for-sale securities	(19,526)	(45,160)
Proceeds from maturities and principal payments on available-for-sale securities	21,204	46,504	11,414
Loan purchases	(112,807)	(99,999)	(82,654)
Loan originations, principal collections, and purchased loan paydowns, net	16,915	28,975	(24,585)
Purchases and disposals of premises and equipment, net	(695)	(1,190)	(1,244)
Proceeds from sales of premises and equipment			369
Proceeds from sales of real estate owned and other repossessed collateral	759	1,537	2,563
Redemption of Federal Home Loan Bank stock	470	1,694
Net cash used in investing activities	(93,680)	(67,639)	(94,137)
Financing activities:
Issuance of subordinated debt, net of debt issuance costs		14,512
Net increase in deposits	89,423	125,679	100,601
Net decrease in short-term borrowings		(2,349)	(635)
Dividends paid on common stock	(357)	(380)	(402)
Repurchase of common stock	(6,943)	(3,359)	(6,666)
Repayment of FHLBB borrowings and wholesale repurchase agreements	(10,000)	(10,000)	(12,500)
Repayment of capital lease obligation	(255)	(240)	(190)
Taxes paid through cancellation of common stock	(52)	(11)
Net cash provided by financing activities	71,816	123,852	80,208
Net increase in cash and cash equivalents	12,126	61,307	7,591
Cash and cash equivalents, beginning of year	151,157	89,850	82,259
Cash and cash equivalents, end of year	163,283	151,157	89,850
Supplemental schedule of cash flow information:
Interest paid	9,502	7,773	7,487
Income taxes paid, net	7,670	2,166	5,664
Transfers from loans to real estate owned and other repossessed collateral, net	2,959	1,781	1,764
Loans Location [Member]
Adjustments to reconcile net income to net cash provided by operating activities:
Accretion of fair value adjustments	(12,093)	(9,384)	(11,899)
Deposits Location [Member]
Adjustments to reconcile net income to net cash provided by operating activities:
Accretion of fair value adjustments	(5)	(6)	(171)
Borrowing Location [Member]
Adjustments to reconcile net income to net cash provided by operating activities:
Accretion of fair value adjustments	$ 115	$ 43	$ (112)

Note 1 - Summary of Significant

Note 1 - Summary of Significant Accounting Policies	12 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Significant Accounting Policies [Text Block]	1. Summary of Significant Accounting Policies The accounting and reporting policies of Northeast Bancorp and Subsidiary (the “Company" or "Northeast") conform to accounting principles generally accepted in the United States of America ("US GAAP") and conform to practices within the financial services industry. Business The Company is a Maine corporation and a bank holding company registered with the Federal Reserve Bank of Boston ("FRB") under the Bank Holding Company Act of 1956. Business Combination Accounting On December 29, 2010, Principles of Consolidation The accompanying consolidated financial statements include the accounts of Northeast Bancorp, and its wholly-owned subsidiary, Northeast Bank (including the Bank's wholly-owned subsidiaries). All significant intercompany transactions and balances have been eliminated in consolidation. NBN Capital Trust II, NBN Capital Trust III and NBN Capital Trust IV are considered affiliates and are deconsolidated pursuant to criteria established by Financial Accounting Standards Board (“FASB”) Accounting Standards Codification ("ASC") 810, Consolidation 810" $496 Reclassifications Certain previously reported amounts have been reclassified to conform to the current year's presentation. Use of Estimates The financial statements have been prepared in conformity with US GAAP. In preparing the financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the statement of financial condition and income and expenses for the period. Actual results could differ significantly from those estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses, the determination of fair values in conjunction with the application of loan acquisition accounting, and the on-going evaluation of assets for potential impairment. Concentrations of Credit Risk Most of the Community Banking Division's business activity is with customers located within the State of Maine. However, the business activities of the Bank’s Loan Acquisition and Servicing Group ("LASG") and the SBA Division are diversified across the country. In all regions, the Company’s focus is to originate and purchase commercial real estate loans. Repayment of loans is expected from cash flows of the borrower. Losses on secured loans are limited by the value of the collateral upon default of the borrowers. The Company does not one Cash and Cash Equivalents For purposes of presentation in the consolidated statements of cash flows, cash and cash equivalents consist of cash and due from banks and short-term investments. The Company is required to maintain a certain reserve balance in the form of cash or deposits with other financial institutions. At June 30, 2017 2016, $2.7 $4.0 Available-for-Sale Securities Securities for which the Company has the positive intent and ability to hold to maturity are classified as held to maturity and carried at amortized cost. Those securities held for indefinite periods of time but not may Interest and dividends on securities are recorded on the accrual method. Premiums and discounts on securities are amortized or accreted into interest income by the level-yield method over the remaining period to contractual maturity, adjusted for the effect of actual prepayments in the case of mortgage-backed securities. These estimates of prepayment assumptions are made based upon the actual performance of the underlying security, current interest rates, the general market consensus regarding changes in mortgage interest rates, the contractual repayment terms of the underlying loans, the priority rights of the investors to the cash flows from the mortgage securities and other economic conditions. When differences arise between anticipated prepayments and actual prepayments, the effective yield is recalculated to reflect actual payments to date and anticipated future payments. Unamortized premium or discount is adjusted to the amount that would have existed had the new effective yield been applied since purchase, with a corresponding charge or credit to interest income. Security transactions are recorded on the trade date. Realized gains and losses are determined using the specific identification method and are recorded in non-interest income. Management evaluates securities for other-than-temporary impairment on a periodic basis. Factors considered in determining whether an impairment is other-than-temporary include: ( 1 2 3 not Federal Home Loan Bank Stock During the periods presented, the Company has owned investments in the stock of the Federal Home Loan Bank of Boston ("FHLBB"). No no June 30, 2017 2016, no Loans Held for Sale and Loan Servicing Residential real estate mortgage loans are designated as held for sale or held to maturity based on intent, which is determined when loans are underwritten. Loans originated and held for sale in the secondary market are carried at the lower of cost or fair value. The SBA Division loans are designated as held for sale based on intent to sell, which is determined on a quarterly basis. The guaranteed portions of the loans are transferred to held for sale and are carried at the lower of cost or fair value. Realized gains and losses on sales of residential loans are determined using the specific identification method, and realized gains and losses on sales of SBA loans are determined using the allocation of participating interests sold and retained. Direct loan origination costs and fees related to loans held for sale are deferred upon origination and are recognized as an adjustment to the gain or loss on the date of sale. In its mortgage banking activities, the Company sells loans both on a servicing released and servicing retained basis. The Company recognizes as separate assets the rights to service mortgage loans for others, which is classified as servicing rights, net, on the consolidated balance sheet. The Company capitalizes mortgage servicing rights at their allocated cost (based on the relative fair values of the rights and the related loans) upon the sale of the related loans. The Company uses the amortization method to subsequently measure servicing assets. Mortgage servicing rights are amortized over the estimated weighted average life of the loans. The Company's assumptions with respect to prepayments, which affect the estimated average life of the loans, are adjusted quarterly and as necessary to reflect current circumstances. The Company evaluates the estimated life and fair value of its servicing portfolio based on data that is disaggregated to reflect note rate, type, and term on the underlying loans. The Company performs an assessment of capitalized mortgage servicing rights for impairment based on the current fair value of those rights. Fair value of the mortgage servicing rights is based on a valuation model that calculates the present value of estimated future net servicing income. The valuation model incorporates assumptions that market participants would use in estimating future net servicing income, such as the cost to service, the discount rate, prepayment speeds and default rates and losses. Impairment is recognized through a valuation allowance to the extent that fair value is less than the capitalized amount. If the Company later determines that all or a portion of the impairment no may In connection with the mortgage loans to be held for sale, the Company often offers interest rate lock commitments to prospective borrowers. The Company manages this interest rate risk by entering into offsetting forward sale agreements with third In its SBA Division activities, the Company recognizes the SBA servicing rights as separate assets, which is classified as servicing rights, net, on the consolidated balance sheet. The Company capitalizes SBA servicing rights at the net present value of the fee income and fee cost spread upon the sale of the related loans. The Company uses the amortization method to subsequently measure servicing assets. The SBA servicing rights are amortized over the estimated weighted average life of the loans. The Company's assumptions with respect to prepayments, which affect the estimated average life of the loans, are adjusted quarterly and as necessary to reflect current circumstances. The Company evaluates the estimated life and fair value of its servicing portfolio based on data that is disaggregated to reflect note rate, type, and term on the underlying loans. The Company performs an assessment of capitalized SBA servicing rights for impairment based on the current fair value of those rights. Fair value of the servicing rights is based on a valuation model that calculates the present value of estimated future net servicing income. The valuation model incorporates assumptions that market participants would use in estimating future net servicing income, such as the cost to service, the discount rate, prepayment speeds and default rates and losses. Impairment is recognized through a valuation allowance to the extent that fair value is less than the capitalized amount. If the Company later determines that all or a portion of the impairment no may Loans 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, any unamortized discount or premium 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 310 30" not 310 30 may Loans are generally placed on nonaccrual status when they are past due 90 310 30 not 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 310 30, 310 30 not six not Allowance for Loan Losses The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. For residential and consumer loans, a charge-off is recorded no 180 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: residential real estate, commercial real estate, commercial and industrial, consumer, 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 may Commercial and industrial: 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 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 LASG. Loans acquired by the LASG are, with limited exceptions, performing loans at the date of purchase. 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 310 30. The general component of the allowance for loan losses for originated loans is based on historical loss experience adjusted for qualitative factors stratified by loan segment. The Company does not • Levels and trends in delinquencies and non-performing 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; and • Other effects resulting from trends in the valuation of underlying collateral. There were no June 30, 2017 2016. 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 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 the loan. For all portfolio segments, except loans accounted for under ASC 310 30, not 310 30 Premises and Equipment Premises and equipment are stated at cost less accumulated depreciation. Depreciation is computed by the straight-line method over the estimated useful lives of the assets. Premises and equipment under capital leases are amortized over the estimated useful lives of the assets or the respective lease terms, whichever is shorter. Maintenance and repairs are charged to expense as incurred and the cost of major renewals and betterments are capitalized. Intangible Assets Identifiable intangible assets subject to amortization are amortized over the estimated lives of the intangibles using a method that approximates the amount of economic benefits that are realized by the Company. Identifiable intangible assets are reviewed for impairment annually and whenever events or changes in circumstances indicate that the carrying amount of the assets may not Real Estate Owned and Other Repossessed Collateral Assets in control of the Company or acquired through foreclosure or repossession are held for sale and are initially recorded at fair value less cost to sell at the date control is established, resulting in a new cost basis. The amount by which the recorded investment in the loan exceeds the fair value (net of estimated cost to sell) of the foreclosed asset is charged to the allowance for loan losses. Subsequent declines in the fair value of the foreclosed asset below the new cost basis are recorded through the use of a valuation allowance or through a direct write-off. Subsequent increases in the fair value may Impairment of Long-Lived Assets The Company reviews long-lived assets, including premises and equipment, for impairment whenever events or changes in business circumstances indicate that the remaining useful life may may not Bank- Owned Life Insurance Increases in the cash surrender value of life insurance policies, as well as death benefits received net of any cash surrender value, are recorded in other noninterest income, and are not not no Income Taxes Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the period that includes the enactment date. The Company's policy is to recognize interest and penalties assessed on uncertain tax positions in income tax expense. Stock-Based Compensation The Company's stock-based compensation plans provide for awards of stock options, restricted stock and other stock-based compensation to directors, officers and employees. The cost of employee services received in exchange for awards of equity instruments is based on the grant-date fair value of those awards. Compensation cost is recognized over the requisite service period as a component of compensation expense. For awards with graded-vesting, compensation cost is recognized on a straight-line basis over the requisite service period for the entire award. The Company uses the Black-Scholes model to estimate the fair value of stock options, while the market price of the Company's common stock at the date of grant is used for restricted stock awards. Comprehensive Income Comprehensive income consists of net income and other comprehensive income (loss). Other comprehensive income (loss) includes unrealized gains and losses on securities available for sale, unrealized losses related to factors other than credit on debt securities, unrealized gains and losses on cash flow hedges and deferred gains on hedge accounting transactions. Earnings Per Share Basic earnings per share is calculated using the two two not Derivatives Derivative instruments are carried at fair value in the Company's financial statements. The accounting for changes in the fair value of a derivative instrument is determined by whether it has been designated and qualifies as part of a hedging relationship, and further, by the type of hedging relationship. For those derivative instruments that are designated and qualify as hedging instruments, the Company designates the hedging instrument, based upon the exposure being hedged, as either a fair value hedge or a cash flow hedge. For derivative instruments that are designated and qualify as a cash flow hedge (i.e., hedging the exposure to variability in expected future cash flows that is attributable to a particular risk), the effective portion of the gain or loss on the derivative instrument is reported as a component of other comprehensive income, net of related tax, and reclassified into earnings in the same period or periods during which the hedged transactions affect earnings. The remaining gain or loss on the derivative instrument in excess of the cumulative change in the present value of future cash flows of the hedged item (i.e., the ineffective portion), if any, is recognized in current earnings during the period. For derivative instruments designated and qualifying as a fair value hedge (i.e., hedging the exposure to changes in the fair value of an asset or liability or an identified portion thereof that is attributable to the hedged risk), the gain or loss on the derivative instrument, as well as the offsetting gain or loss on the hedged item attributable to the hedged risk, are recognized in current earnings during the period of the change in fair values. At the inception of a hedge, the Company documents certain items, including but not Hedge accounting is discontinued prospectively when ( 1 no 2 3 4 no not Transfer of Financial Assets Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when ( 1 2 3 not no Transfers of a portion of a loan must meet the criteria of a participating interest. If it does not no no The Company sells financial assets in the normal course of business, the majority of which are related to the SBA-guaranteed portion of loans, as well as residential mortgage loan sales through established programs, commercial loan sales through participation agreements, and other individual or portfolio loan and securities sales. In accordance with accounting guidance for asset transfers, the Company considers any ongoing involvement with transferred assets in determining whether the assets can be derecognized from the balance sheet. With the exception of servicing and certain performance-based guarantees, the Company's continuing involvement with financial assets sold is minimal and generally limited to market customary representation and warranty clauses. When the Company sells financial assets, it may Segment Reporting All of the Company's operations are considered by management to be one Recent Accounting Pronouncements In May 2014, 2014 09, Revenue from Contracts with Customers (Topic 606 2014 09” 2014 09 2014 09 2015 14, Revenue from Contracts with Customers (Topic 606 2015 14” August 2015 December 15, 2017. not In January 2016, 2016 01, Financial Instruments—Overall (Subtopic 825 10 2016 01” not not not December 15, 2017, one six 2016 01 In February 2016, 2016 02, Leases (Topic 842 2016 02” December 15, 2018, 2016 02 not In March 2016, 2016 05, Derivatives and Hedging (Topic 815 2016 05” 815 not, December 15, 2016, not In March 2016, 2016 09, Compensation—Stock Compensation (Topic 718 2016 09” December 15, 2016, not In June 2016, 2016 13, Financial Instruments—Credit Losses (Topic 326 2016 13” December 15, 2019. December 15, 2018. third In August 2016, 2016 15, Statement of Cash Flows (Topic 230 2016 15” zero December 15, 2017, not In November 2016, 2016 18, Statement of Cash Flows (Topic 230 2016 18” December 15, 2017, not In March 2017, 2017 08, Receivables—Nonrefundable Fees and Other Costs (Subtopic 310 20 2017 08” December 15, 2018, not

Note 2 - Securities Available-f

Note 2 - Securities Available-for-sale	12 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	2. 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. June 30, 2017 Amortized Gross Unrealized Gross Unrealized Fair Cost Gains Losses Value (Dollars in thousands) U.S. Government agency securities $ 57,401 $ - $ (233 ) $ 57,168 Agency mortgage-backed securities 33,523 - (620 ) 32,903 Other investments measured at net asset value 6,717 - (95 ) 6,622 Total $ 97,641 $ - $ (948 ) $ 96,693 June 30, 2016 Amortized Gross Unrealized Gross Unrealized Fair Cost Gains Losses Value (Dollars in thousands) U.S. Government agency securities $ 51,948 $ 98 $ - $ 52,046 Agency mortgage-backed securities 43,330 90 (52 ) 43,368 Other investments measured at net asset value 5,097 61 - 5,158 Total $ 100,375 $ 249 $ (52 ) $ 100,572 At June 30, 2017, no 10% shareholders’ equity. 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 2017 2016. June 30, 2017, no 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. June 30, 2017 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 $ 57,168 $ (233 ) $ - $ - $ 57,168 $ (233 ) Agency mortgage-backed securities 19,571 (298 ) 13,332 (322 ) 32,903 (620 ) Other investments measured at net asset value 5,115 (95 ) - - 5,115 (95 ) Total $ 81,854 $ (626 ) $ 13,332 $ (322 ) $ 95,186 $ (948 ) June 30, 2016 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 $ - $ - $ - $ - $ - $ - Agency mortgage-backed securities - - 25,350 (52 ) 25,350 (52 ) Other investments measured at net asset value - - - - - - Total $ - $ - $ 25,350 $ (52 ) $ 25,350 $ (52 ) There were no June 30, 2017, 2016, 2015. At June 30, 2017, seven twelve June 30, 2017, June 30, 2017 In addition to considering current trends and economic conditions that may June 30, 2017, not not not not June 30, 2017. The investments measured at net asset value include a fund that seeks to invest in securities either issued or guaranteed by the U.S. government or its agencies, as well as a fund that primarily invests in the federally guaranteed portion of SBA 7 7 June 30, 2017, 4.97 The amortized cost and fair values of available-for-sale debt securities by contractual maturity are shown below as of June 30, 2017. may may Amortized Cost Fair Value (Dollars in thousands) Due within one year $ 26,306 $ 26,225 Due after one year through five years 36,496 36,297 Due after five years through ten years 10,534 10,369 Due after ten years 17,588 17,180 Total $ 90,924 $ 90,071

Note 3 - Loans, Allowance for L

Note 3 - Loans, Allowance for Loan Losses and Credit Quality	12 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Financing Receivables [Text Block]	3. Loans, Allowance for Loan Losses and Credit Quality The composition of the Company’s loan portfolio is as follows on the dates indicated. June 30, 2017 June 30, 2016 Originated Purchased Total Originated Purchased Total (Dollars in thousands) Residential real estate $ 83,759 $ 3,377 $ 87,136 $ 93,391 $ 2,559 $ 95,950 Home equity 13,931 101 14,032 18,012 - 18,012 Commercial real estate 256,280 241,724 498,004 189,616 236,952 426,568 Commercial and industrial 174,468 1,186 175,654 145,758 198 145,956 Consumer 4,369 - 4,369 5,950 - 5,950 Total loans $ 532,807 $ 246,388 $ 779,195 $ 452,727 $ 239,709 $ 692,436 Total loans include deferred loan origination costs, net, of $507 June 30, 2017 $58 June 30, 2016. Loans pledged as collateral with the FHLBB for outstanding borrowings and additional borrowing capacity totaled $163.5 $106.2 June 30, 2017 2016, During the year ended June 30, 2017, $18.3 $365 Related Party Loans Certain of the Company's related parties are credit customers of the Company in the ordinary course of business. All loans and commitments included in such transactions are on such terms, including interest rates, repayment terms and collateral, as those prevailing at the time for comparable transactions with persons who are not not As of June 30, 2017 and 2016 , the outstanding loan balances to directors, officers, principal shareholders and their associates were $208 and $282 , respectively. All loans to these related parties were current and accruing at those dates. Past Due and Nonaccrual Loans The following is a summary of past due and non-accrual loans: June 30, 2017 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 $ 141 $ 574 $ - $ 1,398 $ 2,113 $ 81,646 $ 83,759 $ 3,337 Home equity 49 - - 58 107 13,824 13,931 58 Commercial real estate 2,266 - - 124 2,390 253,890 256,280 413 Commercial and industrial - - - 2,433 2,433 172,035 174,468 2,600 Consumer 69 50 - 32 151 4,218 4,369 103 Total originated portfolio 2,525 624 - 4,045 7,194 525,613 532,807 6,511 Purchased portfolio: Residential real estate and home equity - 1,082 - 16 1,098 2,380 3,478 1,056 Commercial and industrial - - - - - 1,186 1,186 32 Commercial real estate 173 1,997 - 2,922 5,092 236,632 241,724 6,364 Total purchased portfolio 173 3,079 - 2,938 6,190 240,198 246,388 7,452 Total loans $ 2,698 $ 3,703 $ - $ 6,983 $ 13,384 $ 765,811 $ 779,195 $ 13,963 June 30, 2016 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 $ 302 $ 910 $ - $ 1,555 $ 2,767 $ 90,624 $ 93,391 $ 2,613 Home equity 146 - - 48 194 17,818 18,012 48 Commercial real estate 132 - - 188 320 189,296 189,616 474 Commercial and industrial - - - 15 15 145,743 145,758 17 Consumer 73 56 - 74 203 5,747 5,950 163 Total originated portfolio 653 966 - 1,880 3,499 449,228 452,727 3,315 Purchased portfolio: Residential real estate - - - - - 2,559 2,559 1,125 Commercial and industrial - - - - - 198 198 - Commercial real estate - 19 - 3,387 3,406 233,546 236,952 3,387 Total purchased portfolio - 19 - 3,387 3,406 236,303 239,709 4,512 Total loans $ 653 $ 985 $ - $ 5,267 $ 6,905 $ 685,531 $ 692,436 $ 7,827 Allowance for Loan Losses and Impaired Loans The following table sets forth activity in the Company’s allowance for loan losses: Year Ended June 30, 2017 Residential Commercial Commercial Real Estate Real Estate and Industrial Consumer Purchased Unallocated Total (Dollars in thousands) Beginning balance $ 663 $ 1,195 $ 297 $ 62 $ 133 $ - $ 2,350 Provision (33 ) 1,099 207 54 267 - 1,594 Recoveries 33 21 16 38 - - 108 Charge-offs (186 ) (3 ) - (101 ) (97 ) - (387 ) Ending balance $ 477 $ 2,312 $ 520 $ 53 $ 303 $ - $ 3,665 Year Ended June 30, 2016 Residential Commercial Commercial Real Estate Real Estate and Industrial Consumer Purchased Unallocated Total (Dollars in thousands) Beginning balance $ 741 $ 694 $ 117 $ 35 $ 283 $ 56 $ 1,926 Provision 21 547 243 76 787 (56 ) 1,618 Recoveries 35 5 14 17 - - 71 Charge-offs (134 ) (51 ) (77 ) (66 ) (937 ) - (1,265 ) Ending balance $ 663 $ 1,195 $ 297 $ 62 $ 133 $ - $ 2,350 Year Ended June 30, 2015 Residential Commercial Commercial Real Estate Real Estate and Industrial Consumer Purchased Unallocated Total (Dollars in thousands) Beginning balance $ 580 $ 358 $ 48 $ 79 $ 268 $ 34 $ 1,367 Provision 344 335 38 (37 ) 15 22 717 Recoveries 24 1 34 21 - - 80 Charge-offs (207 ) - (3 ) (28 ) - - (238 ) Ending balance $ 741 $ 694 $ 117 $ 35 $ 283 $ 56 $ 1,926 The following table sets forth information regarding the allowance for loan losses by portfolio segment and impairment methodology. June 30, 2017 Residential Commercial Commercial Real Estate Real Estate and Industrial Consumer Purchased Unallocated Total (Dollars in thousands) Allowance for loan losses: Individually evaluated $ 252 $ 147 $ 149 $ 4 $ - $ - $ 552 Collectively evaluated 225 2,165 371 49 - - 2,810 ASC 310-30 - - - - 303 - 303 Total $ 477 $ 2,312 $ 520 $ 53 $ 303 $ - $ 3,665 Loans: Individually evaluated $ 5,676 $ 1,759 $ 2,694 $ 296 $ - $ - $ 10,425 Collectively evaluated 92,014 254,521 171,774 4,073 - - 522,382 ASC 310-30 - - - - 246,388 - 246,388 Total $ 97,690 $ 256,280 $ 174,468 $ 4,369 $ 246,388 $ - $ 779,195 June 30, 2016 Residential Commercial Commercial Real Estate Real Estate and Industrial Consumer Purchased Unallocated Total (Dollars in thousands) Allowance for loan losses: Individually evaluated $ 386 $ 59 $ 2 $ 23 $ - $ - $ 470 Collectively evaluated 277 1,136 295 39 - - 1,747 ASC 310-30 - - - - 133 - 133 Total $ 663 $ 1,195 $ 297 $ 62 $ 133 $ - $ 2,350 Loans: Individually evaluated $ 5,039 $ 1,686 $ 17 $ 362 $ - $ - $ 7,104 Collectively evaluated 106,364 187,930 145,741 5,588 - - 445,623 ASC 310-30 - - - - 239,709 - 239,709 Total $ 111,403 $ 189,616 $ 145,758 $ 5,950 $ 239,709 $ - $ 692,436 The following table sets forth information regarding impaired loans. Loans accounted for under ASC 310 30 and accretable yield expectations determined at date of acquisition are not June 30, 2017 June 30, 2016 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 $ 4,052 $ 4,084 $ - $ 3,192 $ 3,299 $ - Consumer 250 271 - 257 282 - Commercial real estate 359 354 - 451 453 - Commercial and industrial 1,870 1,870 - 15 15 - Purchased: Residential real estate 1,056 1,099 - 1,125 1,125 - Commercial real estate 8,696 11,468 4,574 4,886 - Commercial and industrial 32 65 - - - - Total 16,315 19,211 - 9,614 10,060 - Impaired loans with a valuation allowance: Originated: Residential real estate 1,624 1,595 252 1,847 1,802 386 Consumer 46 55 4 105 112 23 Commercial real estate 1,400 1,388 147 1,235 1,223 59 Commercial and industrial 824 824 149 2 2 2 Purchased: Commercial real estate 3,528 3,929 176 1,484 1,812 66 Commercial and industrial 94 108 55 - - - Total 7,516 7,899 783 4,673 4,951 536 Total impaired loans $ 23,831 $ 27,110 $ 783 $ 14,287 $ 15,011 $ 536 The following tables set forth information regarding interest income recognized on impaired loans. Year Ended June 30, 2017 Average Interest Recorded Income Investment Recognized (Dollars in thousands) Impaired loans without a valuation allowance: Originated: Residential real estate $ 3,775 $ 106 Consumer 225 14 Commercial real estate 454 19 Commercial and industrial 1,195 33 Purchased: Residential real estate 1,086 1 Commercial real estate 6,474 267 Commercial and industrial 28 - Total 13,237 440 Impaired loans with a valuation allowance: Originated: Residential real estate 1,798 117 Consumer 77 7 Commercial real estate 1,219 100 Commercial and industrial 532 13 Purchased: Commercial real estate 1,636 86 Commercial and industrial 35 2 Total 5,297 325 Total impaired loans $ 18,534 $ 765 Year Ended June 30, 2016 2015 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 $ 2,584 $ 151 $ 1,490 $ 92 Consumer 255 27 226 80 Commercial real estate 978 31 1,436 71 Commercial and industrial 9 - 1 1 Purchased: Residential real estate 563 51 - - Commercial real estate 6,123 140 5,265 249 Total 10,512 400 8,418 493 Impaired loans with a valuation allowance: Originated: Residential real estate 1,984 96 1,715 87 Consumer 53 3 20 17 Commercial real estate 1,056 63 1,029 59 Commercial and industrial 1 - - - Purchased: Commercial real estate 1,346 83 1,549 41 Total 4,440 245 4,313 204 Total impaired loans $ 14,952 $ 645 $ 12,731 $ 697 Credit Quality The Company utilizes a ten Loans rated 1 6: 1 5 6 Loans rated 7: Loans rated 8: Loans rated 9: one 8 Loans rated 10: not On an annual basis, or more often if needed, the Company formally reviews the credit quality and ratings of all loans subject to risk ratings. Semi-annually, the Company engages an independent third may The following tables present the Company’s loans by risk rating. June 30, 2017 Originated Portfolio Commercial Real Estate Commercial and Industrial Residential Real Estate (1) Purchased Portfolio Total (Dollars in thousands) Pass (1- 6) $ 253,041 $ 171,160 $ 10,039 $ 229,980 $ 664,220 Special mention (7) 2,686 2,483 71 9,622 14,862 Substandard (8) 554 825 803 6,786 8,968 Doubtful (9) - - 19 - 19 Loss (10) - - - - - Total $ 256,281 $ 174,468 $ 10,932 $ 246,388 $ 688,069 June 30, 2016 Originated Portfolio Commercial Real Estate Commercial and Industrial Residential Real Estate (1) Purchased Portfolio Total (Dollars in thousands) Pass (1- 6) $ 186,165 $ 142,451 $ 7,659 $ 227,895 $ 564,170 Special mention (7) 2,493 3,290 431 7,147 13,361 Substandard (8) 958 17 537 4,667 6,179 Doubtful (9) - - 23 - 23 Loss (10) - - - - - Total $ 189,616 $ 145,758 $ 8,650 $ 239,709 $ 583,733 ( 1 Certain loans made for commercial purposes, but secured by residential collateral, are rated under the Company’s risk-rating system. Troubled Debt Restructurings The following table shows the Company’s post-modification balance of TDRs by type of modification. Year Ended June 30, 2017 2016 Number of Recorded Number of Recorded Contracts Investment Contracts Investment (Dollars in thousands) Extended maturity 9 $ 4,537 - $ - Adjusted interest rate 6 424 4 129 Rate and maturity 5 1,317 9 1,297 Principal deferment 3 1,978 - - Court ordered concession - - - - Total 23 $ 8,256 13 $ 1,426 The following table shows loans modified in a TDR and the change in the recorded investment subsequent to the modifications. Year Ended June 30, 2017 2016 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 $ 964 $ 1,084 9 $ 502 $ 533 Home equity - - - - - - Commercial real estate 2 195 195 1 154 154 Commercial and industrial 2 1,867 1,937 1 2 2 Consumer - - - 1 19 19 Total originated portfolio 13 3,026 3,216 12 677 708 Purchased portfolio: Commercial real estate 9 4,895 4,946 1 718 - Commercial and industrial 1 94 94 - - 718 Total purchased portfolio 10 4,989 5,040 1 718 718 Total 23 $ 8,015 $ 8,256 13 $ 1,395 $ 1,426 As of June 30, 2017, no The Company considers TDRs past due 90 No twelve June 30, 2017, one twelve June 30, 2016, $8 ASC 310 30 The following tables present a summary of loans accounted for under ASC 310 30 Year Ended June 30, 2017 Year Ended June 30, 2016 Year Ended June 30, 2015 (Dollars in thousands) Contractually required payments receivable $ 175,274 $ 148,394 $ 128,452 Nonaccretable difference (4,518 ) (2,050 ) (2,042 ) Cash flows expected to be collected 170,756 146,344 126,410 Accretable yield (57,949 ) (46,345 ) (43,756 ) Fair value of loans acquired $ 112,807 $ 99,999 $ 82,654 Certain of the loans accounted for under ASC 310 30 not As of and for the Year Ended June 30, 2017 As of and for the Year Ended June 30, 2016 As of and for the Year Ended June 30, 2015 (Dollars in thousands) Loans acquired during the period $ 1,850 $ 424 $ 357 Loans at end of period 6,582 4,512 6,127 The following tables summarize the activity in the accretable yield for loans accounted for under ASC 310 30. Year Ended June 30, 2017 Year Ended June 30, 2016 Year Ended June 30, 2015 (Dollars in thousands) Beginning balance $ 124,151 $ 111,449 $ 109,040 Acquisitions 57,949 46,345 43,756 Accretion (18,468 ) (16,900 ) (16,886 ) Reclassifications from non-accretable difference to accretable yield 6,109 7,079 157 Disposals and other changes (38,544 ) (23,822 ) (24,618 ) Ending balance $ 131,197 $ 124,151 $ 111,449 The following table provides information related to the unpaid principal balance and carrying amounts of ASC 310 30 June 30, 2017 June 30, 2016 Unpaid principal balance $ 271,709 $ 267,985 Carrying amount 239,583 237,054

Note 4 - Transfers and Servicin

Note 4 - Transfers and Servicing of Financial Assets	12 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Transfers and Servicing of Financial Assets [Text Block]	4. 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 June 30, 2017 $2.8 $1.8 June 30, 2016, Mortgage loans sold in the year ended June 30, 2017 $74.7 $89.1 June 30, 2016. $10.7 June 30, 2017 $12.9 June 30, 2016. $25.2 $35.9 June 30, 2017 June 30, 2016, SBA loans sold during the year ended June 30, 2017 $53.8 $39.1 June 30, 2016. $144.4 June 30, 2017 $80.8 June 30, 2016. During the year ended June 30, 2017, $18.3 not Mortgage and SBA loans serviced for others are accounted for as sales and therefore are not Contractually specified servicing fees were $988 $649 $471 June 30, 2017, 2016 2015, The significant assumptions used in the valuation for mortgage servicing rights as of June 30, 2017 7.3% 14.5%. 9.4% 13.6% 7.9%. Residential mortgage servicing rights activity was as follows: June 30, 2017 (Dollars in thousands) Balance, June 30, 2014 $ 64 Amortization (27 ) Balance, June 30, 2015 37 Amortization (20 ) Balance, June 30, 2016 17 Amortization (10 ) Balance, June 30, 2017 $ 7 SBA servicing rights activity was as follows: June 30, 2017 (Dollars in thousands) Balance, June 30, 2014 $ 236 Additions 940 Amortization (80 ) Impairment (19 ) Balance, June 30, 2015 1,077 Additions 1,230 Disposals (38 ) Amortization (52 ) Impairment (463 ) Balance, June 30, 2016 1,754 Additions 1,529 Amortization (224 ) Impairment (220 ) Balance, June 30, 2017 $ 2,839

Note 5 - Premises and Equipment

Note 5 - Premises and Equipment	12 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	5 . Premises and Equipment Premises and equipment consists of the following: June 30, 2017 June 30, 2016 Estimated Useful Life (Dollars in thousands) (In years) Land $ 767 $ 804 n/a Buildings 1,755 1,760 39 Assets recorded under capital lease 1,850 1,850 Term of lease Leasehold and building improvements 3,150 3,452 5 - 39 (or term of lease, if shorter) Furniture, fixtures and equipment 8,274 7,962 3 - 7 Total 15,796 15,828 Less accumulated depreciation 8,859 8,027 Net premises and equipment $ 6,937 $ 7,801 Depreciation and amortization of premises and equipment included in occupancy and equipment expense was $1.4 June 30, 2017, $1.6 June 30, 2016 $1.7 June 30, 2015.

Note 6 - Intangible Assets

Note 6 - Intangible Assets	12 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Goodwill and Intangible Assets Disclosure [Text Block]	6. Intangible Assets At June 30, 2017 2016, 9.5 3 The changes in the carrying amount of the core deposit intangible follow: June 30, 2017 (Dollars in thousands) June 30, 2014 $ 2,798 Amortization (589 ) June 30, 2015 $ 2,209 Amortization (477 ) June 30, 2016 $ 1,732 Amortization (432 ) June 30, 2017 $ 1,300 The components of core deposit intangible follow: June 30, 2017 June 30, 2016 (Dollars in thousands) Core Deposit Intangible: Gross carrying amount $ 6,348 $ 6,348 Accumulated amortization (5,048 ) (4,616 ) Intangible asset, net $ 1,300 $ 1,732 Expected annual amortization expense associated with the core deposit intangible over the period of estimated economic benefit is as follows: Fiscal Year Expected Amortization Expense (Dollars in thousands) 2018 433 2019 433 2020 434 Total $ 1,300

Note 7 - Deposits

Note 7 - Deposits	12 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Deposit Liabilities Disclosures [Text Block]	7. Deposits The composition of deposits is as follows: June 30, 2017 June 30, 2016 (Dollars in thousands) Demand $ 69,827 $ 66,686 NOW 71,247 71,148 Money market 374,569 275,437 Regular savings 37,170 36,070 Time certificates of less than $100 thousand 65,578 72,190 Time certificates of greater than or equal to $100 thousand 271,459 278,901 Total deposits $ 889,850 $ 800,432 There were no $250 June 30, 2017 June 30, 2016. Fiscal Year June 30, 2017 (Dollars in thousands) 2018 219,901 2019 74,646 2020 23,540 2021 7,464 Thereafter 11,486 Total $ 337,037

Note 8 - Borrowings

Note 8 - Borrowings	12 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Debt Disclosure [Text Block]	8 . Borrowings Federal Home Loan Bank Advances A summary of advances from the Federal Home Loan Bank of Boston follows: Maturity Unpaid Principal Balance Carrying Amount (1) Weighted Average Interest Rate By Fiscal 2017 2016 2017 2016 2017 2016 Year (Dollars in thousands) 2017 $ - $ 25,000 $ - $ 25,037 - 2.10 % 2018 20,000 5,000 20,011 5,038 1.94 % 4.29 % $ 20,000 $ 30,000 $ 20,011 $ 30,075 1.94 % 2.46 % 1 The difference between the carrying amount and the unpaid principal balance is the result of purchase accounting. The premium or discount is being amortized or accreted as interest expense over the instrument’s contractual life. June 30, 2017, no may not Certain mortgage loans, free of liens, pledges and encumbrances have been pledged under a blanket agreement to secure these advances. The Company is required to own stock in the Federal Home Loan Bank of Boston in order to borrow from the FHLBB. At June 30, 2017, $67.9 Capital Lease Obligation In fiscal 2006, fifteen 90% The outstanding capital lease obligations are as follows for years ending June 30: Capital Lease Obligation (Dollars in thousands) 2018 $ 306 2019 306 2020 306 2021 25 Total 943 Imputed interest (70 ) Capital lease obligation $ 873

Note 9 - Subordinated Debt

Note 9 - Subordinated Debt	12 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Subordinated Borrowings Disclosure [Text Block]	9 . Subordinated Debt Trust Preferred Securities and Junior Subordinated Debentures NBN Capital Trust II and NBN Capital Trust III were created in December 2003. December 2004. The following table summarizes the Junior Subordinated Debentures issued by the Company to each affiliated trust and the Private Trust Securities issued by each affiliated trust as of June 30, 2017 June 30, 2016. $93 $310 two March 30, 2009, February 23, 2010, Maturity Date Unpaid Principal Balance Carrying Amount (1) 2017 2016 2017 2016 (Dollars in thousands) NBN Capital Trust II March 30, 2034 $ 3,093 $ 3,093 $ 1,901 $ 1,868 NBN Capital Trust III March 30, 2034 3,093 3,093 1,901 1,868 NBN Capital Trust IV February 23, 2035 10,310 10,310 5,209 5,083 $ 16,496 $ 16,496 $ 9,011 $ 8,819 ( 1 The difference between the carrying amount and the unpaid principal balance is the result of purchase accounting. The premium or discount is being amortized or accreted as interest expense over the instrument’s contractual life. NBN Capital Trust II and III pay a variable rate based on three 2.80% three 1.89%. 3.45% $1,000 2.54% $1,000 The Junior Subordinated Debentures each have variable rates indexed to three June 30, 2015, two $6 $10 The interest rate caps hedge the junior subordinated debt resulting from the issuance of trust preferred securities by our affiliates NBN Capital Trust II, NBN Capital Trust III and NBN Capital Trust IV. The notional amount of $6 $10 2.50%. first 200 three three 2.50% October 2014 March 2015, five Subordinated Notes On June 29, 2016, $15.05 6.75% 2026 100% $552 five first July 1, 2021. June 30, 2017 $110 $442 June 30, 2017. The Notes mature on July 1, 2026, 6.75% five July 1, 2021. 3 557 not July 1, 2021 100%

Note 10 - Capital and Regulator

Note 10 - Capital and Regulatory Matters	12 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Regulatory Capital Requirements under Banking Regulations [Text Block]	% $ N/A N/A 7.0 % Bank 138,744 17.98 % 34,727 > % 50,162 > % 7.0 % Total capital to risk weighted assets: Company 150,269 19.48 % 61,715 > % N/A N/A 10.5 % Bank 142,447 18.46 % 61,737 > % 77,172 > % 10.5 % Tier 1 capital to risk weighted assets: Company 131,958 17.11 % 46,286 > % N/A N/A 8.5 % Bank 138,744 17.98 % 46,303 > % 61,737 > % 8.5 % Tier 1 capital to average assets: Company 131,958 12.81 % 41,215 > % N/A N/A 4.0 % Bank 138,744 13.46 % 41,238 > % 51,547 > % 4.0 % June 30, 2016: Common equity tier 1 capital to risk weighted assets: Company $ 126,046 17.97 % $ 31,559 > % $ N/A N/A 7.0 % Bank 117,212 16.69 % 31,611 > % 45,660 > % 7.0 % Total capital to risk weighted assets: Company 142,988 20.39 % 56,105 > % N/A N/A 10.5 % Bank 119,971 17.08 % 56,197 > % 70,246 > % 10.5 % Tier 1 capital to risk weighted assets: Company 126,046 17.97 % 42,079 > % N/A N/A 8.5 % Bank 117,212 16.69 % 42,148 > % 56,197 > % 8.5 % Tier 1 capital to average assets: Company 126,046 13.27 % 38,006 > % N/A N/A 4.0 % Bank 117,212 12.33 % 38,022 > % 47,528 > % 4.0 % In addition to the minimum regulatory capital required for capital adequacy purposes included in the table above, the Company is required to maintain a capital conservation buffer, in the form of common equity, in order to avoid restrictions on capital distributions and discretionary bonuses. The required amount of the capital conservation buffer was 0.625% January 1, 2016 0.625% 2.5% January 1, 2019. The Bank may not In connection with the Merger, as part of the regulatory approval process, the Company and the Bank made certain commitments to the Federal Reserve, the most significant of which are (i) to maintain a Tier 1 10%, 15%, 40% 100% 300%" id="sjs-B4">10 . Capital and Regulatory Matters The Company and the Bank are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company's financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and the Bank must meet specific capital guidelines that involve quantitative measures of assets, liabilities and certain off-balance sheet items as calculated under regulatory accounting practices. The Company's and the Bank's capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. The prompt corrective action regulations define specific capital categories based on an institution's capital ratios. The capital categories, in declining order, are "well capitalized," "adequately capitalized," "undercapitalized," "significantly undercapitalized" and "critically undercapitalized." As of June 30, 2017 2016, 1 1 1 no Quantitative measures established by regulation to ensure capital adequacy require the Company and the Bank to maintain minimum amounts and ratios as set forth in the table below. At June 30, 2017 2016, June 30, 2017 2016. Actual Minimum Capital Requirements Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Minimum Capital Ratio with Capital Conservation Buffer Amount Ratio Amount Ratio Amount Ratio Ratio (Dollars in thousands) June 30, 2017: Common equity tier 1 capital to risk weighted assets: Company $ 123,442 16.00 % $ 34,714 > % $ N/A N/A 7.0 % Bank 138,744 17.98 % 34,727 > % 50,162 > % 7.0 % Total capital to risk weighted assets: Company 150,269 19.48 % 61,715 > % N/A N/A 10.5 % Bank 142,447 18.46 % 61,737 > % 77,172 > % 10.5 % Tier 1 capital to risk weighted assets: Company 131,958 17.11 % 46,286 > % N/A N/A 8.5 % Bank 138,744 17.98 % 46,303 > % 61,737 > % 8.5 % Tier 1 capital to average assets: Company 131,958 12.81 % 41,215 > % N/A N/A 4.0 % Bank 138,744 13.46 % 41,238 > % 51,547 > % 4.0 % June 30, 2016: Common equity tier 1 capital to risk weighted assets: Company $ 126,046 17.97 % $ 31,559 > % $ N/A N/A 7.0 % Bank 117,212 16.69 % 31,611 > % 45,660 > % 7.0 % Total capital to risk weighted assets: Company 142,988 20.39 % 56,105 > % N/A N/A 10.5 % Bank 119,971 17.08 % 56,197 > % 70,246 > % 10.5 % Tier 1 capital to risk weighted assets: Company 126,046 17.97 % 42,079 > % N/A N/A 8.5 % Bank 117,212 16.69 % 42,148 > % 56,197 > % 8.5 % Tier 1 capital to average assets: Company 126,046 13.27 % 38,006 > % N/A N/A 4.0 % Bank 117,212 12.33 % 38,022 > % 47,528 > % 4.0 % In addition to the minimum regulatory capital required for capital adequacy purposes included in the table above, the Company is required to maintain a capital conservation buffer, in the form of common equity, in order to avoid restrictions on capital distributions and discretionary bonuses. The required amount of the capital conservation buffer was 0.625% January 1, 2016 0.625% 2.5% January 1, 2019. The Bank may not In connection with the Merger, as part of the regulatory approval process, the Company and the Bank made certain commitments to the Federal Reserve, the most significant of which are (i) to maintain a Tier 1 10%, 15%, 40% 100% 300%

Note 11 - Earnings Per Common S

Note 11 - Earnings Per Common Share ("EPS")	12 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Earnings Per Share [Text Block]	11. Earnings Per Common Share (“EPS”) EPS is computed by dividing net income allocated to common shareholders by the weighted average common shares outstanding. 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: Year ended June 30, 2017 2016 2015 (Dollars in thousands, except share and per share data) Net income $ 12,339 $ 7,619 $ 7,141 Weighted average shares used in calculation of basic earnings per share 8,898,448 9,474,999 9,980,733 Incremental shares from assumed exercise of dilutive securities 54,166 9,636 - Weighted average shares used in calculation of diluted earnings per share 8,952,614 9,484,635 9,980,733 Earnings per common share: $ 1.39 $ 0.80 $ 0.72 Diluted earnings per common share: $ 1.38 $ 0.80 $ 0.72 For the years ended June 30, 2017, 2016, 2015, not may Year ended June 30, 2017 2016 2015 Stock options 642,641 714,545 1,059,721

Note 12 - Income Taxes

Note 12 - Income Taxes	12 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Income Tax Disclosure [Text Block]	12 . Income Taxes The current and deferred components of income tax expense follows: Year Ended June 30, 2017 2016 2015 (Dollars in thousands) Current provision Federal $ 7,071 $ 1,544 $ 4,282 State 1,753 438 898 Total current provision 8,824 1,982 5,180 Deferred expense (benefit) Federal (792 ) 1,761 (901 ) State (233 ) 361 (284 ) Total deferred (benefit) expense (1,025 ) 2,122 (1,185 ) Total tax provision $ 7,799 $ 4,104 $ 3,995 The reconciliation between the statutory federal income tax rate of 35% 2017 34% 2016 2015, Year Ended June 30, 2017 2016 2015 (Dollars in thousands) Expected income tax expense at federal tax rate $ 7,048 $ 3,986 $ 3,786 State tax, net of federal tax benefit 988 527 379 Non-taxable BOLI income (159 ) (153 ) (150 ) Low-income housing tax credit, net of adoption of ASU 2014-01 (40 ) (42 ) (42 ) Tax exempt interest income (76 ) (76 ) (76 ) Other 38 (138 ) 98 Total tax provision $ 7,799 $ 4,104 $ 3,995 The tax effect of temporary differences that give rise to significant portions of the deferred tax assets and deferred tax liabilities at June 30 June 30, 2017 2016 (Dollars in thousands) Deferred tax assets Allowance for loan losses $ 1,462 $ 899 Loan basis differential 1,242 1,322 Time deposit basis differential - 2 Capital lease 348 431 Compensation and benefits 1,425 937 Stock-based compensation 1,651 1,314 Unrealized loss on derivatives 640 1,243 Unrealized loss on available for sale securities 360 - Interest on nonperforming loans 418 313 Other 585 701 Gross deferred tax asset 8,131 7,162 Less: valuation allowance - - Total deferred tax assets 8,131 7,162 Deferred tax liabilities Unrealized gain on available for sale securities - 75 Intangible assets 519 662 Prepaid expenses 385 300 Premises and equipment 926 1,239 Borrowings basis differential 2,943 2,863 Other 1,135 677 Total deferred tax liability 5,908 5,816 Net deferred tax asset $ 2,223 $ 1,346 The net deferred tax asset was included in other assets in the accompanying balance sheet as of June 30, 2017 June 30, 2016. In accordance with ASC 740, Income Taxes not not not June 30, 2017 For federal tax purposes, the Company has a $2.0 150% no 100% From time to time, the Internal Revenue Service (the "IRS") and state tax authorities may may not Tax Position Interest and Penalties Total (Dollars in thousands) Balance, June 30, 2014 $ 101 $ 12 $ 113 Reduction of tax positions for prior years - - - Increase for prior year tax position 8 6 14 Increase for current year tax position - - - Balance, June 30, 2015 $ 109 $ 18 $ 127 Reduction of tax positions for prior years (42 ) (4 ) (46 ) Increase for prior year tax position - - - Increase for current year tax position - - - Balance, June 30, 2016 $ 67 $ 14 $ 81 Reduction of tax positions for prior years (67 ) (14 ) (81 ) Increase for prior year tax position - - - Increase for current year tax position - - - Balance, June 30, 2017 $ - $ - $ - The Company is currently open to audit under the statute of limitations by the IRS and state taxing authorities for the fiscal 2014

Note 13 - Employee Benefit Plan

Note 13 - Employee Benefit Plans	12 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Pension and Other Postretirement Benefits Disclosure [Text Block]	13 . Employee Benefit Plans 401 The Company offers a contributory 401 18, 90 may 100% 50% first 6% June 30, 2017, 2016, 2015, $355 $331 $315 Deferred Compensation The Company has individual deferred compensation agreements with five $31 $31 $30 June 30, 2017, 2016 2015, June 30, 2017, 2016 2015, $540 $541 $512

Note 14 - Stock-based Compensat

Note 14 - Stock-based Compensation	12 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	14. Stock-Based Compensation At the 2012 2010 2010 "2010 2010 ● The maximum number of shares of common stock to be issued under the Restated Plan is increased by 600,000 810,054 1,410,054 ● The method by which shares subject to previously granted awards are added back to the Restated Plan has been revised so that the only shares added back to the Restated Plan are those subject to awards that are forfeited, canceled or otherwise terminated. The following shares shall not not ● Minimum vesting periods are required for grants of restricted stock, restricted stock units and performance share awards; and ● The term of the Restated Plan will now expire on November 28, 2022, may September 21, 2022. A summary of stock option activity for the year ended June 30, 2017 Shares Weighted Average Exercise Price Outstanding at beginning of year 963,603 $ 12.83 Granted - - Exercised (59,404 ) 13.93 Forfeited (13,333 ) 9.30 Outstanding at end of year 890,866 12.81 Exercisable 506,911 12.46 Shares Weighted Average Grant Date Fair Value Exercisable, beginning of year 466,385 $ 3.48 Vested 99,930 2.40 Exercised (59,404 ) 3.85 Forfeited or expired - - Exercisable, end of year 506,911 3.18 There were no June 30, 2017 June 30, 2016. The expected volatility is based on historical volatility. The risk-free interest rate is for periods within the expected life of the awards, and is based on the U.S. Treasury yield curve in effect at the time of the grant. The expected life is based on expected exercise experience. During the year ended June 30, 2013, 237,616 three December 2010 three first $27.86 December 29, 2010 December 29, 2015; $31.34 December 29, 2015 December 29, 2016; $34.83 December 29, 2016 December 29, 2017. second $31.34 December 29, 2010 December 29, 2016; $34.83 December 29, 2016 December 29, 2017. third $34.83 December 29, 2010 December 29, 2017. The Company's Compensation Committee approved amending the hurdle prices as follows: With respect to the first $16.43 December 29, 2010 December 28, 2015; $18.58 December 29, 2015 December 28, 2016; $20.77 December 29, 2016 December 28, 2017. second $18.58 December 29, 2010 December 28, 2016; $20.77 December 29, 2016 December 28, 2017. third $20.77 December 29, 2010 December 28, 2017. Except as modified by this amendment, all other terms and conditions of each of the outstanding performance-based stock options, including the option exercise price of $13.93 The incremental expense resulting from the modification was calculated as the difference between the stock option’s fair value immediately before and after the modification using the Hull-White option pricing model and the following weighted-average assumptions: Assumptions: Dividend yield 3.72% Expected life (in years) 7.8 Expected volatility 28.45% - 32.84% Risk-free interest rate 0.07% - 1.54% Incremental weighted average fair value per option $0.52 The following table summarizes information about stock options outstanding at June 30, 2017: Options Outstanding Options Exercisable (Dollars in thousands, except per share data) Weighted Average Exercise Price Number Weighted Average Remaining Life (in years) Aggregate Intrinsic Value Weighted Average Exercise Price Number Weighted Remaining Life (in years) Aggregate Intrinsic Value $ 9.30 6,667 0.04 $ 74 $ 9.30 6,667 0.04 $ 74 9.38 195,999 5.59 2,150 9.38 130,666 5.59 1,433 9.38 33,059 1.50 363 9.38 33,059 1.50 363 12.63 12,500 4.58 96 12.63 12,500 4.58 97 13.93 480,631 3.50 3,086 13.93 243,015 3.50 1,560 14.52 162,010 2.73 944 14.52 81,004 2.73 472 12.81 890,866 3.74 $ 6,713 12.46 506,911 3.74 $ 3,999 A summary of restricted stock activity for the year ended June 30, 2017 Shares Weighted Average Grant Date Fair Value Unvested at beginning of period 251,859 $ 9.93 Granted 170,000 11.71 Vested (9,473 ) 9.33 Forfeited (16,956 ) 10.33 Unvested at end of period 395,430 10.69 A summary of the vesting schedule for the shares granted in the year ended June 30, 2017 • 15,000 August 25, 2019; • 50,000 three 70% three three • 95,000 three August 25, 2019; • 10,000 three May 26, 2020. At June 30, 2017 2016, $48 June 30, 2011. December 2020. Stock-based compensation totaled $945 June 30, 2017, $613 June 30, 2016, $705 June 30, 2015. $366 June 30, 2017, $215 June 30, 2016 $253 June 30, 2015. Year Ended June 30, 2018 2019 2020 2021 2022 Total (Dollars in thousands) Stock options $ 41 $ - $ - $ - $ - $ 41 Restricted stock 955 921 547 290 70 2,783 $ 996 $ 921 $ 547 $ 290 $ 70 $ 2,824

Note 15 - Commitments, Continge

Note 15 - Commitments, Contingent Liabilities and Other Off-balance Sheet Risks	12 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	15 . Commitments, Contingent Liabilities and Other Off-Balance Sheet Risks 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 and standby letters of credit. 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: June 30, 2017 2016 (Dollars in thousands) Commitments to originate loans $ 15,244 $ 44,684 Unused lines of credit 31,858 58,412 Standby letters of credit 3,400 3,822 Commitment to fund investment 1,000 2,500 Commitments to extend credit are agreements to lend to a customer as long as there is no may not may $39 $81 June 30, 2017 2016, Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third June 30, 2017 2016, $3.4 $3.8 one may may In the year ended June 30, 2016, $2.5 June 30, 2017, $1.5 $1.0 June 30, 2017 7 Lease Obligations The Company leases certain properties used in operations under terms of various non-cancelable operating leases, most of which include renewal options. The leases contain renewal options and escalation clauses which provide for increased rental expense as these leases expire. Rental expense under leases totaled $1.2 June 30, 2017, 2016, 2015. Approximate future minimum lease payments over the remaining terms of the Company's leases at June 30, 2017 Minimum lease payments (Dollars in thousands) 2018 $ 1,263 2019 1,294 2020 1,244 2021 1,231 2022 1,255 Thereafter 2,041 Total $ 8,328 Legal Proceedings 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

Note 16 - Other Comprehensive I

Note 16 - Other Comprehensive Income (Loss)	12 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	1 6 . Other Comprehensive Income (Loss) The components of other comprehensive income (loss) follows: Year Ended June 30, 2017 2016 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 (loss) gain on available-for-sale securities $ (1,145 ) $ (434 ) $ (711 ) $ 1,033 $ 393 $ 640 Change in accumulated gain (loss) on effective cash flow hedges 1,550 592 958 (2,032 ) (776 ) (1,256 ) Reclassification adjustment included in net income 43 16 27 (3 ) (1 ) (2 ) Total derivatives and hedging activities 1,593 608 985 (2,035 ) (777 ) (1,258 ) Total other comprehensive income (loss) $ 448 $ 174 $ 274 $ (1,002 ) $ (384 ) $ (618 ) Year Ended June 30, 2015 Pre-tax Tax Expense After-tax Amount (Benefit) Amount (Dollars in thousands) Change in net unrealized gain on available-for-sale securities $ 442 $ 116 $ 326 Change in accumulated loss on effective cash flow hedges (529 ) (228 ) (301 ) Reclassification adjustment included in net income (49 ) (19 ) (30 ) Total derivatives and hedging activities (578 ) (247 ) (331 ) Total other comprehensive loss $ (136 ) $ (131 ) $ (5 ) June 30, 2017 June 30, 2016 June 30, 2015 (Dollars in thousands) Unrealized (loss) gain on available-for-sale securities $ (948 ) $ 197 $ (836 ) Tax effect 360 (75 ) 318 Net-of-tax amount (588 ) 122 (518 ) Unrealized loss on cash flow hedges (1,683 ) (3,276 ) (1,242 ) Tax effect 639 1,248 472 Net-of-tax amount (1,044 ) (2,028 ) (770 ) Accumulated other comprehensive loss $ (1,632 ) $ (1,906 ) $ (1,288 )

Note 17 - Derivatives

Note 17 - Derivatives	12 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	1 7 . Derivatives 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 not The Company currently holds derivative instruments that contain credit-risk related features that are in a net liability position, which may June 30, 2017 2016, $1.7 $3.1 The Company does not not Risk Management Policies—Derivative Instruments 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 junior subordinated debt and FHLBB advances is as follows: June 30, 2017 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 1.30 % 3.38 % n/a $ (666 ) $ (666 ) Other Liabilities 5,000 July 2013 July 2028 3 Mo. LIBOR 1.30 % 3.23 % n/a (471 ) (471 ) Other Liabilities 5,000 July 2013 July 2023 3 Mo. LIBOR 1.30 % 2.77 % n/a (218 ) (218 ) Other Liabilities Interest rate caps: 6,000 October 2014 September 2019 3 Mo. LIBOR n/a n/a 2.50 % (142 ) 4 Other Assets 10,000 March 2015 February 2020 3 Mo. LIBOR n/a n/a 2.50 % (186 ) 14 Other Assets $ 31,000 $ (1,683 ) $ (1,337 ) June 30, 2016 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 0.65 % 3.38 % n/a $ (1,352 ) $ (1,352 ) Other Liabilities 5,000 July 2013 July 2028 3 Mo. LIBOR 0.65 % 3.23 % n/a (1,005 ) (1,005 ) Other Liabilities 5,000 July 2013 July 2023 3 Mo. LIBOR 0.65 % 2.77 % n/a (560 ) (560 ) Other Liabilities Interest rate caps: 6,000 October 2014 September 2019 3 Mo. LIBOR n/a n/a 2.50 % (167 ) 10 Other Assets 10,000 March 2015 February 2020 3 Mo. LIBOR n/a n/a 2.50 % (192 ) 25 Other Assets $ 31,000 $ (3,276 ) $ (2,882 ) During the years ended June 30, 2017, 2016 2015, no June 30, 2017, 2016 2015 During the year ended June 30, 2015, zero December 2010. June 30, 2017 2016, Year Ended June 30, 2017 2016 2015 (Dollars in thousands) Interest income (expense): Interest rate caps $ (43 ) $ 3 $ (15 ) Interest rate swap - - 64 Total $ (43 ) $ 3 $ 49 The Company does not twelve

Note 18 - Fair Value Measuremen

Note 18 - Fair Value Measurements	12 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Fair Value Disclosures [Text Block]	18. 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 may one not ASC 820 1 3 three 820 Level 1 Level 2 1 not Level 3 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. Valuation technique no Transfers no . Assets and Liabilities Measured at Fair Value on a Recurring Basis: Available-for-sale securities 1 not i.e. 2 3 Certain investments are measured at fair value using the net asset value per share as a practical expedient. These investments include a fund that seeks to invest in securities either issued or guaranteed by the U.S. government or its agencies, as well as a fund that primarily invests in the federally guaranteed portion of SBA 7 7 sixty 2015 07, not Derivative financial instruments 2 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. Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis: Collateral dependent impaired loans not 3 Real estate owned and other repossessed collateral not may 3 2. Loan servicing rights not 3 Fair Value of other Financial Instruments: Cash and cash equivalents FHLBB stock Loans Loans held for sale Interest receivable 90 Deposits no not FHLBB advances, capital lease obligations and subordinated debentures Off-Balance Sheet Credit-Related Instruments Assets and liabilities measured at fair value on a recurring basis are summarized below. June 30, 2017 Total Level 1 Level 2 Level 3 Assets (Dollars in thousands) Securities available-for-sale: U.S. Government agency securities $ 57,168 $ - $ 57,168 $ - Agency mortgage-backed securities 32,903 - 32,903 - Other investments measured at net asset value (1) 6,622 - - - Other assets – interest rate caps 18 - 18 - Liabilities Other liabilities – interest rate swaps 1,355 - 1,355 - June 30, 2016 Total Level 1 Level 2 Level 3 Assets (Dollars in thousands) Securities available-for-sale: U.S. Government agency securities $ 52,046 $ - $ 52,046 $ - Agency mortgage-backed securities 43,368 - 43,368 - Other investments measured at net asset value (1) 5,158 - - - Other assets – interest rate caps 35 - 35 - Liabilities Other liabilities – interest rate swap 2,917 - 2,917 - ( 1 In accordance with ASU 820 10, not Assets measured at fair value on a nonrecurring basis are summarized below. June 30, 2017 Total Level 1 Level 2 Level 3 (Dollars in thousands) Collateral dependent impaired loans $ 1,011 $ - $ - $ 1,011 Real estate owned and other repossessed collateral 826 - - 826 Loan servicing rights 2,846 - - 2,846 June 30, 2016 Total Level 1 Level 2 Level 3 (Dollars in thousands) Collateral dependent impaired loans $ 922 $ - $ - $ 922 Real estate owned and other repossessed collateral 1,652 - - 1,652 Loan servicing rights 1,771 - - 1,771 The table below presents quantitative information about significant unobservable inputs (Level 3 Fair Value June 30, 2017 June 30, Valuation Technique (Dollars in thousands) Collateral dependent impaired loans $ 1,011 $ 922 Appraisal of collateral (1) Real estate owned and other repossessed collateral 826 1,652 Appraisal of collateral (1) Loan servicing rights 2,846 1,771 Discounted cash flow (2) ( 1 may may 6% 71%. ( 2 3.8% 14.5%. 6.3% 13.6%. The following table presents the estimated fair value of the Company's financial instruments. Carrying Fair Value Measurements at June 30, 2017 Amount Total Level 1 Level 2 Level 3 (Dollars in thousands) Financial assets: Cash and cash equivalents $ 163,283 $ 163,283 $ 163,283 $ - $ - Available-for-sale securities 90,071 90,071 - 90,071 - Other investments measured at net asset value (1) 6,622 6,622 - - - Federal Home Loan Bank stock 1,938 1,938 - 1,938 - Loans held for sale 4,699 4,699 - 4,699 - Loans, net 775,530 776,579 - - 776,579 Accrued interest receivable 2,111 2,111 - 2,111 - Interest rate caps 18 18 - 18 - Financial liabilities: Deposits 889,850 889,877 - 889,877 - Federal Home Loan Bank advances 20,011 20,057 - 20,057 - Capital lease obligation 873 918 - 918 - Subordinated debt 23,620 25,677 - - 25,677 Interest rate swaps 1,355 1,355 - 1,355 - Carrying Fair Value Measurements at June 30, 2016 Amount Total Level 1 Level 2 Level 3 (Dollars in thousands) Financial assets: Cash and cash equivalents $ 151,157 $ 151,157 $ 151,157 $ - $ - Available-for-sale securities 95,414 95,414 - 95,414 - Other investments measured at net asset value (1) 5,158 5,158 - - - Federal Home Loan Bank stock 2,408 2,408 - 2,408 - Loans held for sale 7,519 7,519 - 7,519 - Loans, net 690,086 695,830 - - 695,830 Accrued interest receivable 1,579 1,579 - 1,579 - Interest rate caps 35 35 - 35 - Financial liabilities: Deposits 800,432 801,045 - 801,045 - Federal Home Loan Bank advances 30,075 30,396 - 30,396 - Capital lease obligation 1,128 1,219 - 1,219 - Subordinated debt 23,331 25,664 - - 25,664 Interest rate swaps 2,917 2,917 - 2,917 - ( 1 In accordance with ASU 820 10, not

Note 19 - Condensed Parent Info

Note 19 - Condensed Parent Information	12 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Condensed Financial Information of Parent Company Only Disclosure [Text Block]	19 . Condensed Parent Information Condensed financial information for Northeast Bancorp follows: June 30, 2017 June 30, 2016 (Dollars in thousands) Balance Sheets Assets: Cash $ 8,165 $ 24,528 Investment in subsidiary 138,920 117,228 Investment in common securities of affiliated trusts 496 496 Other assets 193 226 Total assets $ 147,774 $ 142,478 Liabilities and Shareholders’ Equity: Subordinated debt $ 23,620 $ 23,331 Other liabilities 1,357 2,556 Total liabilities 24,977 25,887 Shareholders’ equity 122,797 116,591 Total liabilities and shareholders’ equity $ 147,774 $ 142,478 Year Ended June 30, 2017 2016 2015 (Dollars in thousands) Statements of Income Income: Other income $ 563 $ 62 $ 14 Expenses: Interest expense 1,888 651 718 Noninterest expense 1,324 954 1,128 Total expense 3,212 1,605 1,846 Loss before income tax benefit and equity in undistributed net income of subsidiary (2,649 ) (1,543 ) (1,832 ) Income tax benefit (1,548 ) (579 ) (684 ) Loss before equity in undistributed net income of subsidiary (1,101 ) (964 ) (1,148 ) Equity in undistributed net income of subsidiary 13,440 8,583 8,289 Net income $ 12,339 $ 7,619 $ 7,141 Year Ended June 30, 2017 2016 2015 (Dollars in thousands) Statements of Cash Flows Operating activities: Net income $ 12,339 $ 7,619 $ 7,141 Adjustments to reconcile net income to net cash (used in) provided by operating activities: Amortization of fair value adjustment for borrowings 289 193 186 Stock-based compensation 945 613 705 Undistributed earnings of subsidiary (13,440 ) (8,583 ) (8,289 ) (Decrease) increase in other assets and liabilities (1,144 ) 673 1,029 Net cash (used in) provided by operating activities (1,011 ) 515 772 Investing activities: Increase in investment of bank subsidiary - - - Net cash used in investing activities - - - Financing activities: Capital contribution (8,000 ) - - Issuance of subordinated debt, net of debt issuance costs - 14,512 - Taxes paid for retirement of common stock (52 ) (11 ) - Repurchase of common stock (6,943 ) (3,359 ) (6,666 ) Dividends paid to shareholders (357 ) (380 ) (402 ) Net cash (used in) provided by financing activities (15,352 ) 10,762 (7,068 ) Net (decrease) increase in cash (16,363 ) 11,277 (6,296 ) Cash, beginning of year 24,528 13,251 19,547 Cash, end of year $ 8,165 $ 24,528 $ 13,251

Note 20 - Quarterly Results of

Note 20 - Quarterly Results of Operations (Unaudited)	12 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Quarterly Financial Information [Text Block]	20 . Quarterly Results of Operations (Unaudited) 2017 (Dollars in thousands, except share data) First Quarter Second Quarter Third Quarter Fourth Quarter Interest and dividend income $ 12,257 $ 14,332 $ 14,960 $ 16,371 Interest expense 2,482 2,499 2,501 2,614 Net interest income 9,775 11,833 12,459 13,757 Provision for loan losses 193 628 384 389 Net interest income after provision for loan losses 9,582 11,205 12,075 13,368 Non-interest income 1,808 2,690 2,308 2,890 Non-interest expense 8,626 8,956 8,842 9,364 Income before income tax expense 2,764 4,939 5,541 6,894 Income tax expense 1,013 1,839 2,080 2,867 Net income $ 1,751 $ 3,100 $ 3,461 $ 4,027 Basic earnings per share $ 0.19 $ 0.35 $ 0.39 $ 0.46 Diluted earnings per share $ 0.19 $ 0.35 $ 0.39 $ 0.45 2016 (Dollars in thousands, except share data) First Quarter Second Quarter Third Quarter Fourth Quarter Interest and dividend income $ 11,113 $ 12,035 $ 11,259 $ 12,828 Interest expense 1,872 1,863 2,005 2,115 Net interest income 9,241 10,172 9,254 10,713 Provision for loan losses 169 896 236 317 Net interest income after provision for loan losses 9,072 9,276 9,018 10,396 Non-interest income 1,705 1,624 2,035 2,411 Non-interest expense 7,810 8,196 8,412 9,396 Income before income tax expense 2,967 2,704 2,641 3,411 Income tax expense 1,100 960 832 1,212 Net income $ 1,867 $ 1,744 $ 1,809 $ 2,199 Basic earnings per share $ 0.20 $ 0.18 $ 0.19 $ 0.24 Diluted earnings per share $ 0.20 $ 0.18 $ 0.19 $ 0.24 2015 (Dollars in thousands, except share data) First Quarter Second Quarter Third Quarter Fourth Quarter Interest and dividend income $ 11,232 $ 11,259 $ 10,913 $ 11,185 Interest expense 1,761 1,833 1,793 1,835 Net interest income 9,471 9,426 9,120 9,350 Provision for loan losses 320 113 44 240 Net interest income after provision for loan losses 9,151 9,313 9,076 9,110 Non-interest income 1,154 1,370 1,554 3,067 Non-interest expense 7,737 8,210 7,885 8,827 Income before income tax expense 2,568 2,473 2,745 3,350 Income tax expense 924 893 993 1,185 Net income $ 1,644 $ 1,580 $ 1,752 $ 2,165 Basic earnings per share $ 0.16 $ 0.16 $ 0.18 $ 0.22 Diluted earnings per share $ 0.16 $ 0.16 $ 0.18 $ 0.22

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Jun. 30, 2017
Accounting Policies [Abstract]
Business Combinations Policy [Policy Text Block]	Business Combination Accounting On December 29, 2010,
Consolidation, Policy [Policy Text Block]	Principles of Consolidation The accompanying consolidated financial statements include the accounts of Northeast Bancorp, and its wholly-owned subsidiary, Northeast Bank (including the Bank's wholly-owned subsidiaries). All significant intercompany transactions and balances have been eliminated in consolidation. NBN Capital Trust II, NBN Capital Trust III and NBN Capital Trust IV are considered affiliates and are deconsolidated pursuant to criteria established by Financial Accounting Standards Board (“FASB”) Accounting Standards Codification ("ASC") 810, Consolidation 810" $496
Reclassification, Policy [Policy Text Block]	Reclassifications Certain previously reported amounts have been reclassified to conform to the current year's presentation.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates The financial statements have been prepared in conformity with US GAAP. In preparing the financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities as of the date of the statement of financial condition and income and expenses for the period. Actual results could differ significantly from those estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan losses, the determination of fair values in conjunction with the application of loan acquisition accounting, and the on-going evaluation of assets for potential impairment.
Concentration Risk, Credit Risk, Policy [Policy Text Block]	Concentrations of Credit Risk Most of the Community Banking Division's business activity is with customers located within the State of Maine. However, the business activities of the Bank’s Loan Acquisition and Servicing Group ("LASG") and the SBA Division are diversified across the country. In all regions, the Company’s focus is to originate and purchase commercial real estate loans. Repayment of loans is expected from cash flows of the borrower. Losses on secured loans are limited by the value of the collateral upon default of the borrowers. The Company does not one
Cash and Cash Equivalents, Policy [Policy Text Block]	Cash and Cash Equivalents For purposes of presentation in the consolidated statements of cash flows, cash and cash equivalents consist of cash and due from banks and short-term investments. The Company is required to maintain a certain reserve balance in the form of cash or deposits with other financial institutions. At June 30, 2017 2016, $2.7 $4.0
Marketable Securities, Available-for-sale Securities, Policy [Policy Text Block]	Available-for-Sale Securities Securities for which the Company has the positive intent and ability to hold to maturity are classified as held to maturity and carried at amortized cost. Those securities held for indefinite periods of time but not may Interest and dividends on securities are recorded on the accrual method. Premiums and discounts on securities are amortized or accreted into interest income by the level-yield method over the remaining period to contractual maturity, adjusted for the effect of actual prepayments in the case of mortgage-backed securities. These estimates of prepayment assumptions are made based upon the actual performance of the underlying security, current interest rates, the general market consensus regarding changes in mortgage interest rates, the contractual repayment terms of the underlying loans, the priority rights of the investors to the cash flows from the mortgage securities and other economic conditions. When differences arise between anticipated prepayments and actual prepayments, the effective yield is recalculated to reflect actual payments to date and anticipated future payments. Unamortized premium or discount is adjusted to the amount that would have existed had the new effective yield been applied since purchase, with a corresponding charge or credit to interest income. Security transactions are recorded on the trade date. Realized gains and losses are determined using the specific identification method and are recorded in non-interest income. Management evaluates securities for other-than-temporary impairment on a periodic basis. Factors considered in determining whether an impairment is other-than-temporary include: ( 1 2 3 not
Federal Home Loan Bank Stock [Policy Text Block]	Federal Home Loan Bank Stock During the periods presented, the Company has owned investments in the stock of the Federal Home Loan Bank of Boston ("FHLBB"). No no June 30, 2017 2016, no
Loans Held for Sale and Loan Servicing [Policy Text Block]	Loans Held for Sale and Loan Servicing Residential real estate mortgage loans are designated as held for sale or held to maturity based on intent, which is determined when loans are underwritten. Loans originated and held for sale in the secondary market are carried at the lower of cost or fair value. The SBA Division loans are designated as held for sale based on intent to sell, which is determined on a quarterly basis. The guaranteed portions of the loans are transferred to held for sale and are carried at the lower of cost or fair value. Realized gains and losses on sales of residential loans are determined using the specific identification method, and realized gains and losses on sales of SBA loans are determined using the allocation of participating interests sold and retained. Direct loan origination costs and fees related to loans held for sale are deferred upon origination and are recognized as an adjustment to the gain or loss on the date of sale. In its mortgage banking activities, the Company sells loans both on a servicing released and servicing retained basis. The Company recognizes as separate assets the rights to service mortgage loans for others, which is classified as servicing rights, net, on the consolidated balance sheet. The Company capitalizes mortgage servicing rights at their allocated cost (based on the relative fair values of the rights and the related loans) upon the sale of the related loans. The Company uses the amortization method to subsequently measure servicing assets. Mortgage servicing rights are amortized over the estimated weighted average life of the loans. The Company's assumptions with respect to prepayments, which affect the estimated average life of the loans, are adjusted quarterly and as necessary to reflect current circumstances. The Company evaluates the estimated life and fair value of its servicing portfolio based on data that is disaggregated to reflect note rate, type, and term on the underlying loans. The Company performs an assessment of capitalized mortgage servicing rights for impairment based on the current fair value of those rights. Fair value of the mortgage servicing rights is based on a valuation model that calculates the present value of estimated future net servicing income. The valuation model incorporates assumptions that market participants would use in estimating future net servicing income, such as the cost to service, the discount rate, prepayment speeds and default rates and losses. Impairment is recognized through a valuation allowance to the extent that fair value is less than the capitalized amount. If the Company later determines that all or a portion of the impairment no may In connection with the mortgage loans to be held for sale, the Company often offers interest rate lock commitments to prospective borrowers. The Company manages this interest rate risk by entering into offsetting forward sale agreements with third In its SBA Division activities, the Company recognizes the SBA servicing rights as separate assets, which is classified as servicing rights, net, on the consolidated balance sheet. The Company capitalizes SBA servicing rights at the net present value of the fee income and fee cost spread upon the sale of the related loans. The Company uses the amortization method to subsequently measure servicing assets. The SBA servicing rights are amortized over the estimated weighted average life of the loans. The Company's assumptions with respect to prepayments, which affect the estimated average life of the loans, are adjusted quarterly and as necessary to reflect current circumstances. The Company evaluates the estimated life and fair value of its servicing portfolio based on data that is disaggregated to reflect note rate, type, and term on the underlying loans. The Company performs an assessment of capitalized SBA servicing rights for impairment based on the current fair value of those rights. Fair value of the servicing rights is based on a valuation model that calculates the present value of estimated future net servicing income. The valuation model incorporates assumptions that market participants would use in estimating future net servicing income, such as the cost to service, the discount rate, prepayment speeds and default rates and losses. Impairment is recognized through a valuation allowance to the extent that fair value is less than the capitalized amount. If the Company later determines that all or a portion of the impairment no may
Finance, Loan and Lease Receivables, Held-for-investment, Policy [Policy Text Block]	Loans 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, any unamortized discount or premium 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 310 30" not 310 30 may Loans are generally placed on nonaccrual status when they are past due 90 310 30 not 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 310 30, 310 30 not six not
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	Allowance for Loan Losses The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. For residential and consumer loans, a charge-off is recorded no 180 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: residential real estate, commercial real estate, commercial and industrial, consumer, 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 may Commercial and industrial: 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 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 LASG. Loans acquired by the LASG are, with limited exceptions, performing loans at the date of purchase. 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 310 30. The general component of the allowance for loan losses for originated loans is based on historical loss experience adjusted for qualitative factors stratified by loan segment. The Company does not • Levels and trends in delinquencies and non-performing 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; and • Other effects resulting from trends in the valuation of underlying collateral. There were no June 30, 2017 2016. 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 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 the loan. For all portfolio segments, except loans accounted for under ASC 310 30, not 310 30
Property, Plant and Equipment, Policy [Policy Text Block]	Premises and Equipment Premises and equipment are stated at cost less accumulated depreciation. Depreciation is computed by the straight-line method over the estimated useful lives of the assets. Premises and equipment under capital leases are amortized over the estimated useful lives of the assets or the respective lease terms, whichever is shorter. Maintenance and repairs are charged to expense as incurred and the cost of major renewals and betterments are capitalized.
Intangible Assets, Finite-Lived, Policy [Policy Text Block]	Intangible Assets Identifiable intangible assets subject to amortization are amortized over the estimated lives of the intangibles using a method that approximates the amount of economic benefits that are realized by the Company. Identifiable intangible assets are reviewed for impairment annually and whenever events or changes in circumstances indicate that the carrying amount of the assets may not
Loans and Leases Receivable, Real Estate Acquired Through Foreclosure, Policy [Policy Text Block]	Real Estate Owned and Other Repossessed Collateral Assets in control of the Company or acquired through foreclosure or repossession are held for sale and are initially recorded at fair value less cost to sell at the date control is established, resulting in a new cost basis. The amount by which the recorded investment in the loan exceeds the fair value (net of estimated cost to sell) of the foreclosed asset is charged to the allowance for loan losses. Subsequent declines in the fair value of the foreclosed asset below the new cost basis are recorded through the use of a valuation allowance or through a direct write-off. Subsequent increases in the fair value may
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	Impairment of Long-Lived Assets The Company reviews long-lived assets, including premises and equipment, for impairment whenever events or changes in business circumstances indicate that the remaining useful life may may not
Bank Owned Life Insurance [Policy Text Block]	Bank- Owned Life Insurance Increases in the cash surrender value of life insurance policies, as well as death benefits received net of any cash surrender value, are recorded in other noninterest income, and are not not no
Income Tax, Policy [Policy Text Block]	Income Taxes Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in the period that includes the enactment date. The Company's policy is to recognize interest and penalties assessed on uncertain tax positions in income tax expense.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Stock-Based Compensation The Company's stock-based compensation plans provide for awards of stock options, restricted stock and other stock-based compensation to directors, officers and employees. The cost of employee services received in exchange for awards of equity instruments is based on the grant-date fair value of those awards. Compensation cost is recognized over the requisite service period as a component of compensation expense. For awards with graded-vesting, compensation cost is recognized on a straight-line basis over the requisite service period for the entire award. The Company uses the Black-Scholes model to estimate the fair value of stock options, while the market price of the Company's common stock at the date of grant is used for restricted stock awards.
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Income Comprehensive income consists of net income and other comprehensive income (loss). Other comprehensive income (loss) includes unrealized gains and losses on securities available for sale, unrealized losses related to factors other than credit on debt securities, unrealized gains and losses on cash flow hedges and deferred gains on hedge accounting transactions.
Earnings Per Share, Policy [Policy Text Block]	Earnings Per Share Basic earnings per share is calculated using the two two not
Derivatives, Policy [Policy Text Block]	Derivatives Derivative instruments are carried at fair value in the Company's financial statements. The accounting for changes in the fair value of a derivative instrument is determined by whether it has been designated and qualifies as part of a hedging relationship, and further, by the type of hedging relationship. For those derivative instruments that are designated and qualify as hedging instruments, the Company designates the hedging instrument, based upon the exposure being hedged, as either a fair value hedge or a cash flow hedge. For derivative instruments that are designated and qualify as a cash flow hedge (i.e., hedging the exposure to variability in expected future cash flows that is attributable to a particular risk), the effective portion of the gain or loss on the derivative instrument is reported as a component of other comprehensive income, net of related tax, and reclassified into earnings in the same period or periods during which the hedged transactions affect earnings. The remaining gain or loss on the derivative instrument in excess of the cumulative change in the present value of future cash flows of the hedged item (i.e., the ineffective portion), if any, is recognized in current earnings during the period. For derivative instruments designated and qualifying as a fair value hedge (i.e., hedging the exposure to changes in the fair value of an asset or liability or an identified portion thereof that is attributable to the hedged risk), the gain or loss on the derivative instrument, as well as the offsetting gain or loss on the hedged item attributable to the hedged risk, are recognized in current earnings during the period of the change in fair values. At the inception of a hedge, the Company documents certain items, including but not Hedge accounting is discontinued prospectively when ( 1 no 2 3 4 no not
Transfers and Servicing of Financial Assets, Policy [Policy Text Block]	Transfer of Financial Assets Transfers of financial assets are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when ( 1 2 3 not no Transfers of a portion of a loan must meet the criteria of a participating interest. If it does not no no The Company sells financial assets in the normal course of business, the majority of which are related to the SBA-guaranteed portion of loans, as well as residential mortgage loan sales through established programs, commercial loan sales through participation agreements, and other individual or portfolio loan and securities sales. In accordance with accounting guidance for asset transfers, the Company considers any ongoing involvement with transferred assets in determining whether the assets can be derecognized from the balance sheet. With the exception of servicing and certain performance-based guarantees, the Company's continuing involvement with financial assets sold is minimal and generally limited to market customary representation and warranty clauses. When the Company sells financial assets, it may
Segment Reporting, Policy [Policy Text Block]	Segment Reporting All of the Company's operations are considered by management to be one
New Accounting Pronouncements, Policy [Policy Text Block]	Recent Accounting Pronouncements In May 2014, 2014 09, Revenue from Contracts with Customers (Topic 606 2014 09” 2014 09 2014 09 2015 14, Revenue from Contracts with Customers (Topic 606 2015 14” August 2015 December 15, 2017. not In January 2016, 2016 01, Financial Instruments—Overall (Subtopic 825 10 2016 01” not not not December 15, 2017, one six 2016 01 In February 2016, 2016 02, Leases (Topic 842 2016 02” December 15, 2018, 2016 02 not In March 2016, 2016 05, Derivatives and Hedging (Topic 815 2016 05” 815 not, December 15, 2016, not In March 2016, 2016 09, Compensation—Stock Compensation (Topic 718 2016 09” December 15, 2016, not In June 2016, 2016 13, Financial Instruments—Credit Losses (Topic 326 2016 13” December 15, 2019. December 15, 2018. third In August 2016, 2016 15, Statement of Cash Flows (Topic 230 2016 15” zero December 15, 2017, not In November 2016, 2016 18, Statement of Cash Flows (Topic 230 2016 18” December 15, 2017, not In March 2017, 2017 08, Receivables—Nonrefundable Fees and Other Costs (Subtopic 310 20 2017 08” December 15, 2018, not

Note 2 - Securities Available30

Note 2 - Securities Available-for-sale (Tables)	12 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]	June 30, 2017 Amortized Gross Unrealized Gross Unrealized Fair Cost Gains Losses Value (Dollars in thousands) U.S. Government agency securities $ 57,401 $ - $ (233 ) $ 57,168 Agency mortgage-backed securities 33,523 - (620 ) 32,903 Other investments measured at net asset value 6,717 - (95 ) 6,622 Total $ 97,641 $ - $ (948 ) $ 96,693 June 30, 2016 Amortized Gross Unrealized Gross Unrealized Fair Cost Gains Losses Value (Dollars in thousands) U.S. Government agency securities $ 51,948 $ 98 $ - $ 52,046 Agency mortgage-backed securities 43,330 90 (52 ) 43,368 Other investments measured at net asset value 5,097 61 - 5,158 Total $ 100,375 $ 249 $ (52 ) $ 100,572
Schedule of Unrealized Loss on Investments [Table Text Block]	June 30, 2017 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 $ 57,168 $ (233 ) $ - $ - $ 57,168 $ (233 ) Agency mortgage-backed securities 19,571 (298 ) 13,332 (322 ) 32,903 (620 ) Other investments measured at net asset value 5,115 (95 ) - - 5,115 (95 ) Total $ 81,854 $ (626 ) $ 13,332 $ (322 ) $ 95,186 $ (948 ) June 30, 2016 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 $ - $ - $ - $ - $ - $ - Agency mortgage-backed securities - - 25,350 (52 ) 25,350 (52 ) Other investments measured at net asset value - - - - - - Total $ - $ - $ 25,350 $ (52 ) $ 25,350 $ (52 )
Investments Classified by Contractual Maturity Date [Table Text Block]	Amortized Cost Fair Value (Dollars in thousands) Due within one year $ 26,306 $ 26,225 Due after one year through five years 36,496 36,297 Due after five years through ten years 10,534 10,369 Due after ten years 17,588 17,180 Total $ 90,924 $ 90,071

Note 3 - Loans, Allowance for31

Note 3 - Loans, Allowance for Loan Losses and Credit Quality (Tables)	12 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	June 30, 2017 June 30, 2016 Originated Purchased Total Originated Purchased Total (Dollars in thousands) Residential real estate $ 83,759 $ 3,377 $ 87,136 $ 93,391 $ 2,559 $ 95,950 Home equity 13,931 101 14,032 18,012 - 18,012 Commercial real estate 256,280 241,724 498,004 189,616 236,952 426,568 Commercial and industrial 174,468 1,186 175,654 145,758 198 145,956 Consumer 4,369 - 4,369 5,950 - 5,950 Total loans $ 532,807 $ 246,388 $ 779,195 $ 452,727 $ 239,709 $ 692,436
Past Due Financing Receivables [Table Text Block]	June 30, 2017 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 $ 141 $ 574 $ - $ 1,398 $ 2,113 $ 81,646 $ 83,759 $ 3,337 Home equity 49 - - 58 107 13,824 13,931 58 Commercial real estate 2,266 - - 124 2,390 253,890 256,280 413 Commercial and industrial - - - 2,433 2,433 172,035 174,468 2,600 Consumer 69 50 - 32 151 4,218 4,369 103 Total originated portfolio 2,525 624 - 4,045 7,194 525,613 532,807 6,511 Purchased portfolio: Residential real estate and home equity - 1,082 - 16 1,098 2,380 3,478 1,056 Commercial and industrial - - - - - 1,186 1,186 32 Commercial real estate 173 1,997 - 2,922 5,092 236,632 241,724 6,364 Total purchased portfolio 173 3,079 - 2,938 6,190 240,198 246,388 7,452 Total loans $ 2,698 $ 3,703 $ - $ 6,983 $ 13,384 $ 765,811 $ 779,195 $ 13,963 June 30, 2016 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 $ 302 $ 910 $ - $ 1,555 $ 2,767 $ 90,624 $ 93,391 $ 2,613 Home equity 146 - - 48 194 17,818 18,012 48 Commercial real estate 132 - - 188 320 189,296 189,616 474 Commercial and industrial - - - 15 15 145,743 145,758 17 Consumer 73 56 - 74 203 5,747 5,950 163 Total originated portfolio 653 966 - 1,880 3,499 449,228 452,727 3,315 Purchased portfolio: Residential real estate - - - - - 2,559 2,559 1,125 Commercial and industrial - - - - - 198 198 - Commercial real estate - 19 - 3,387 3,406 233,546 236,952 3,387 Total purchased portfolio - 19 - 3,387 3,406 236,303 239,709 4,512 Total loans $ 653 $ 985 $ - $ 5,267 $ 6,905 $ 685,531 $ 692,436 $ 7,827
Allowance for Credit Losses on Financing Receivables [Table Text Block]	Year Ended June 30, 2017 Residential Commercial Commercial Real Estate Real Estate and Industrial Consumer Purchased Unallocated Total (Dollars in thousands) Beginning balance $ 663 $ 1,195 $ 297 $ 62 $ 133 $ - $ 2,350 Provision (33 ) 1,099 207 54 267 - 1,594 Recoveries 33 21 16 38 - - 108 Charge-offs (186 ) (3 ) - (101 ) (97 ) - (387 ) Ending balance $ 477 $ 2,312 $ 520 $ 53 $ 303 $ - $ 3,665 Year Ended June 30, 2016 Residential Commercial Commercial Real Estate Real Estate and Industrial Consumer Purchased Unallocated Total (Dollars in thousands) Beginning balance $ 741 $ 694 $ 117 $ 35 $ 283 $ 56 $ 1,926 Provision 21 547 243 76 787 (56 ) 1,618 Recoveries 35 5 14 17 - - 71 Charge-offs (134 ) (51 ) (77 ) (66 ) (937 ) - (1,265 ) Ending balance $ 663 $ 1,195 $ 297 $ 62 $ 133 $ - $ 2,350 Year Ended June 30, 2015 Residential Commercial Commercial Real Estate Real Estate and Industrial Consumer Purchased Unallocated Total (Dollars in thousands) Beginning balance $ 580 $ 358 $ 48 $ 79 $ 268 $ 34 $ 1,367 Provision 344 335 38 (37 ) 15 22 717 Recoveries 24 1 34 21 - - 80 Charge-offs (207 ) - (3 ) (28 ) - - (238 ) Ending balance $ 741 $ 694 $ 117 $ 35 $ 283 $ 56 $ 1,926
Schedule of Allowance for Loan Losses by Portfolio Segment and Impairment Methodology [Table Text Block]	June 30, 2017 Residential Commercial Commercial Real Estate Real Estate and Industrial Consumer Purchased Unallocated Total (Dollars in thousands) Allowance for loan losses: Individually evaluated $ 252 $ 147 $ 149 $ 4 $ - $ - $ 552 Collectively evaluated 225 2,165 371 49 - - 2,810 ASC 310-30 - - - - 303 - 303 Total $ 477 $ 2,312 $ 520 $ 53 $ 303 $ - $ 3,665 Loans: Individually evaluated $ 5,676 $ 1,759 $ 2,694 $ 296 $ - $ - $ 10,425 Collectively evaluated 92,014 254,521 171,774 4,073 - - 522,382 ASC 310-30 - - - - 246,388 - 246,388 Total $ 97,690 $ 256,280 $ 174,468 $ 4,369 $ 246,388 $ - $ 779,195 June 30, 2016 Residential Commercial Commercial Real Estate Real Estate and Industrial Consumer Purchased Unallocated Total (Dollars in thousands) Allowance for loan losses: Individually evaluated $ 386 $ 59 $ 2 $ 23 $ - $ - $ 470 Collectively evaluated 277 1,136 295 39 - - 1,747 ASC 310-30 - - - - 133 - 133 Total $ 663 $ 1,195 $ 297 $ 62 $ 133 $ - $ 2,350 Loans: Individually evaluated $ 5,039 $ 1,686 $ 17 $ 362 $ - $ - $ 7,104 Collectively evaluated 106,364 187,930 145,741 5,588 - - 445,623 ASC 310-30 - - - - 239,709 - 239,709 Total $ 111,403 $ 189,616 $ 145,758 $ 5,950 $ 239,709 $ - $ 692,436
Impaired Financing Receivables [Table Text Block]	June 30, 2017 June 30, 2016 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 $ 4,052 $ 4,084 $ - $ 3,192 $ 3,299 $ - Consumer 250 271 - 257 282 - Commercial real estate 359 354 - 451 453 - Commercial and industrial 1,870 1,870 - 15 15 - Purchased: Residential real estate 1,056 1,099 - 1,125 1,125 - Commercial real estate 8,696 11,468 4,574 4,886 - Commercial and industrial 32 65 - - - - Total 16,315 19,211 - 9,614 10,060 - Impaired loans with a valuation allowance: Originated: Residential real estate 1,624 1,595 252 1,847 1,802 386 Consumer 46 55 4 105 112 23 Commercial real estate 1,400 1,388 147 1,235 1,223 59 Commercial and industrial 824 824 149 2 2 2 Purchased: Commercial real estate 3,528 3,929 176 1,484 1,812 66 Commercial and industrial 94 108 55 - - - Total 7,516 7,899 783 4,673 4,951 536 Total impaired loans $ 23,831 $ 27,110 $ 783 $ 14,287 $ 15,011 $ 536 Year Ended June 30, 2017 Average Interest Recorded Income Investment Recognized (Dollars in thousands) Impaired loans without a valuation allowance: Originated: Residential real estate $ 3,775 $ 106 Consumer 225 14 Commercial real estate 454 19 Commercial and industrial 1,195 33 Purchased: Residential real estate 1,086 1 Commercial real estate 6,474 267 Commercial and industrial 28 - Total 13,237 440 Impaired loans with a valuation allowance: Originated: Residential real estate 1,798 117 Consumer 77 7 Commercial real estate 1,219 100 Commercial and industrial 532 13 Purchased: Commercial real estate 1,636 86 Commercial and industrial 35 2 Total 5,297 325 Total impaired loans $ 18,534 $ 765 Year Ended June 30, 2016 2015 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 $ 2,584 $ 151 $ 1,490 $ 92 Consumer 255 27 226 80 Commercial real estate 978 31 1,436 71 Commercial and industrial 9 - 1 1 Purchased: Residential real estate 563 51 - - Commercial real estate 6,123 140 5,265 249 Total 10,512 400 8,418 493 Impaired loans with a valuation allowance: Originated: Residential real estate 1,984 96 1,715 87 Consumer 53 3 20 17 Commercial real estate 1,056 63 1,029 59 Commercial and industrial 1 - - - Purchased: Commercial real estate 1,346 83 1,549 41 Total 4,440 245 4,313 204 Total impaired loans $ 14,952 $ 645 $ 12,731 $ 697
Financing Receivable Credit Quality Indicators [Table Text Block]	June 30, 2017 Originated Portfolio Commercial Real Estate Commercial and Industrial Residential Real Estate (1) Purchased Portfolio Total (Dollars in thousands) Pass (1- 6) $ 253,041 $ 171,160 $ 10,039 $ 229,980 $ 664,220 Special mention (7) 2,686 2,483 71 9,622 14,862 Substandard (8) 554 825 803 6,786 8,968 Doubtful (9) - - 19 - 19 Loss (10) - - - - - Total $ 256,281 $ 174,468 $ 10,932 $ 246,388 $ 688,069 June 30, 2016 Originated Portfolio Commercial Real Estate Commercial and Industrial Residential Real Estate (1) Purchased Portfolio Total (Dollars in thousands) Pass (1- 6) $ 186,165 $ 142,451 $ 7,659 $ 227,895 $ 564,170 Special mention (7) 2,493 3,290 431 7,147 13,361 Substandard (8) 958 17 537 4,667 6,179 Doubtful (9) - - 23 - 23 Loss (10) - - - - - Total $ 189,616 $ 145,758 $ 8,650 $ 239,709 $ 583,733
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	Year Ended June 30, 2017 2016 Number of Recorded Number of Recorded Contracts Investment Contracts Investment (Dollars in thousands) Extended maturity 9 $ 4,537 - $ - Adjusted interest rate 6 424 4 129 Rate and maturity 5 1,317 9 1,297 Principal deferment 3 1,978 - - Court ordered concession - - - - Total 23 $ 8,256 13 $ 1,426
Troubled Debt Restructurings On Financing Receivables Recorded Investment [Table Text Block]	Year Ended June 30, 2017 2016 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 $ 964 $ 1,084 9 $ 502 $ 533 Home equity - - - - - - Commercial real estate 2 195 195 1 154 154 Commercial and industrial 2 1,867 1,937 1 2 2 Consumer - - - 1 19 19 Total originated portfolio 13 3,026 3,216 12 677 708 Purchased portfolio: Commercial real estate 9 4,895 4,946 1 718 - Commercial and industrial 1 94 94 - - 718 Total purchased portfolio 10 4,989 5,040 1 718 718 Total 23 $ 8,015 $ 8,256 13 $ 1,395 $ 1,426
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Table Text Block]	Year Ended June 30, 2017 Year Ended June 30, 2016 Year Ended June 30, 2015 (Dollars in thousands) Contractually required payments receivable $ 175,274 $ 148,394 $ 128,452 Nonaccretable difference (4,518 ) (2,050 ) (2,042 ) Cash flows expected to be collected 170,756 146,344 126,410 Accretable yield (57,949 ) (46,345 ) (43,756 ) Fair value of loans acquired $ 112,807 $ 99,999 $ 82,654
Certain Loans Acquired Icome Recognition Model As Debt Securities Acquired During Period in Transfer Not Accounted for Using [Table Text Block]	As of and for the Year Ended June 30, 2017 As of and for the Year Ended June 30, 2016 As of and for the Year Ended June 30, 2015 (Dollars in thousands) Loans acquired during the period $ 1,850 $ 424 $ 357 Loans at end of period 6,582 4,512 6,127 Year Ended June 30, 2017 Year Ended June 30, 2016 Year Ended June 30, 2015 (Dollars in thousands) Beginning balance $ 124,151 $ 111,449 $ 109,040 Acquisitions 57,949 46,345 43,756 Accretion (18,468 ) (16,900 ) (16,886 ) Reclassifications from non-accretable difference to accretable yield 6,109 7,079 157 Disposals and other changes (38,544 ) (23,822 ) (24,618 ) Ending balance $ 131,197 $ 124,151 $ 111,449
Schedule of Credit Impaired Loans [Table Text Block]	June 30, 2017 June 30, 2016 Unpaid principal balance $ 271,709 $ 267,985 Carrying amount 239,583 237,054

Note 4 - Transfers and Servic32

Note 4 - Transfers and Servicing of Financial Assets (Tables)	12 Months Ended
	Jun. 30, 2017
SBA [Member]
Notes Tables
Servicing Asset at Amortized Cost [Table Text Block]	June 30, 2017 (Dollars in thousands) Balance, June 30, 2014 $ 236 Additions 940 Amortization (80 ) Impairment (19 ) Balance, June 30, 2015 1,077 Additions 1,230 Disposals (38 ) Amortization (52 ) Impairment (463 ) Balance, June 30, 2016 1,754 Additions 1,529 Amortization (224 ) Impairment (220 ) Balance, June 30, 2017 $ 2,839
Mortgage Servicing Rights [Member]
Notes Tables
Servicing Asset at Amortized Cost [Table Text Block]	June 30, 2017 (Dollars in thousands) Balance, June 30, 2014 $ 64 Amortization (27 ) Balance, June 30, 2015 37 Amortization (20 ) Balance, June 30, 2016 17 Amortization (10 ) Balance, June 30, 2017 $ 7

Note 5 - Premises and Equipme33

Note 5 - Premises and Equipment (Tables)	12 Months Ended
	Jun. 30, 2017
Notes Tables
Property, Plant and Equipment [Table Text Block]	June 30, 2017 June 30, 2016 Estimated Useful Life (Dollars in thousands) (In years) Land $ 767 $ 804 n/a Buildings 1,755 1,760 39 Assets recorded under capital lease 1,850 1,850 Term of lease Leasehold and building improvements 3,150 3,452 5 - 39 (or term of lease, if shorter) Furniture, fixtures and equipment 8,274 7,962 3 - 7 Total 15,796 15,828 Less accumulated depreciation 8,859 8,027 Net premises and equipment $ 6,937 $ 7,801

Note 6 - Intangible Assets (Tab

Note 6 - Intangible Assets (Tables)	12 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Finite-Lived Intangible Assets, Future Amortization Expense [Table Text Block]	Fiscal Year Expected Amortization Expense (Dollars in thousands) 2018 433 2019 433 2020 434 Total $ 1,300
Core Deposits [Member]
Notes Tables
Schedule of Finite-Lived Intangible Assets, Including Goodwill [Table Text Block]	June 30, 2017 (Dollars in thousands) June 30, 2014 $ 2,798 Amortization (589 ) June 30, 2015 $ 2,209 Amortization (477 ) June 30, 2016 $ 1,732 Amortization (432 ) June 30, 2017 $ 1,300
Schedule of Finite-Lived Intangible Assets [Table Text Block]	June 30, 2017 June 30, 2016 (Dollars in thousands) Core Deposit Intangible: Gross carrying amount $ 6,348 $ 6,348 Accumulated amortization (5,048 ) (4,616 ) Intangible asset, net $ 1,300 $ 1,732

Note 7 - Deposits (Tables)

Note 7 - Deposits (Tables)	12 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Composition of Deposits [Table Text Block]	June 30, 2017 June 30, 2016 (Dollars in thousands) Demand $ 69,827 $ 66,686 NOW 71,247 71,148 Money market 374,569 275,437 Regular savings 37,170 36,070 Time certificates of less than $100 thousand 65,578 72,190 Time certificates of greater than or equal to $100 thousand 271,459 278,901 Total deposits $ 889,850 $ 800,432
Schedule of Maturities of Time Certificates [Table Text Block]	Fiscal Year June 30, 2017 (Dollars in thousands) 2018 219,901 2019 74,646 2020 23,540 2021 7,464 Thereafter 11,486 Total $ 337,037

Note 8 - Borrowings (Tables)

Note 8 - Borrowings (Tables)	12 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Federal Home Loan Bank, Advances, by Branch of FHLB Bank [Table Text Block]	Maturity Unpaid Principal Balance Carrying Amount (1) Weighted Average Interest Rate By Fiscal 2017 2016 2017 2016 2017 2016 Year (Dollars in thousands) 2017 $ - $ 25,000 $ - $ 25,037 - 2.10 % 2018 20,000 5,000 20,011 5,038 1.94 % 4.29 % $ 20,000 $ 30,000 $ 20,011 $ 30,075 1.94 % 2.46 %
Schedule of Future Minimum Lease Payments for Capital Leases [Table Text Block]	Capital Lease Obligation (Dollars in thousands) 2018 $ 306 2019 306 2020 306 2021 25 Total 943 Imputed interest (70 ) Capital lease obligation $ 873

Note 9 - Subordinated Debt (Tab

Note 9 - Subordinated Debt (Tables)	12 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Subordinated Borrowing [Table Text Block]	Maturity Date Unpaid Principal Balance Carrying Amount (1) 2017 2016 2017 2016 (Dollars in thousands) NBN Capital Trust II March 30, 2034 $ 3,093 $ 3,093 $ 1,901 $ 1,868 NBN Capital Trust III March 30, 2034 3,093 3,093 1,901 1,868 NBN Capital Trust IV February 23, 2035 10,310 10,310 5,209 5,083 $ 16,496 $ 16,496 $ 9,011 $ 8,819

Note 10 - Capital and Regulat38

Note 10 - Capital and Regulatory Matters (Tables)	12 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	Actual Minimum Capital Requirements Minimum To Be Well Capitalized Under Prompt Corrective Action Provisions Minimum Capital Ratio with Capital Conservation Buffer Amount Ratio Amount Ratio Amount Ratio Ratio (Dollars in thousands) June 30, 2017: Common equity tier 1 capital to risk weighted assets: Company $ 123,442 16.00 % $ 34,714 > % $ N/A N/A 7.0 % Bank 138,744 17.98 % 34,727 > % 50,162 > % 7.0 % Total capital to risk weighted assets: Company 150,269 19.48 % 61,715 > % N/A N/A 10.5 % Bank 142,447 18.46 % 61,737 > % 77,172 > % 10.5 % Tier 1 capital to risk weighted assets: Company 131,958 17.11 % 46,286 > % N/A N/A 8.5 % Bank 138,744 17.98 % 46,303 > % 61,737 > % 8.5 % Tier 1 capital to average assets: Company 131,958 12.81 % 41,215 > % N/A N/A 4.0 % Bank 138,744 13.46 % 41,238 > % 51,547 > % 4.0 % June 30, 2016: Common equity tier 1 capital to risk weighted assets: Company $ 126,046 17.97 % $ 31,559 > % $ N/A N/A 7.0 % Bank 117,212 16.69 % 31,611 > % 45,660 > % 7.0 % Total capital to risk weighted assets: Company 142,988 20.39 % 56,105 > % N/A N/A 10.5 % Bank 119,971 17.08 % 56,197 > % 70,246 > % 10.5 % Tier 1 capital to risk weighted assets: Company 126,046 17.97 % 42,079 > % N/A N/A 8.5 % Bank 117,212 16.69 % 42,148 > % 56,197 > % 8.5 % Tier 1 capital to average assets: Company 126,046 13.27 % 38,006 > % N/A N/A 4.0 % Bank 117,212 12.33 % 38,022 > % 47,528 > % 4.0 %

Note 11 - Earnings Per Common39

Note 11 - Earnings Per Common Share ("EPS") (Tables)	12 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Year ended June 30, 2017 2016 2015 (Dollars in thousands, except share and per share data) Net income $ 12,339 $ 7,619 $ 7,141 Weighted average shares used in calculation of basic earnings per share 8,898,448 9,474,999 9,980,733 Incremental shares from assumed exercise of dilutive securities 54,166 9,636 - Weighted average shares used in calculation of diluted earnings per share 8,952,614 9,484,635 9,980,733 Earnings per common share: $ 1.39 $ 0.80 $ 0.72 Diluted earnings per common share: $ 1.38 $ 0.80 $ 0.72
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	Year ended June 30, 2017 2016 2015 Stock options 642,641 714,545 1,059,721

Note 12 - Income Taxes (Tables)

Note 12 - Income Taxes (Tables)	12 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Year Ended June 30, 2017 2016 2015 (Dollars in thousands) Current provision Federal $ 7,071 $ 1,544 $ 4,282 State 1,753 438 898 Total current provision 8,824 1,982 5,180 Deferred expense (benefit) Federal (792 ) 1,761 (901 ) State (233 ) 361 (284 ) Total deferred (benefit) expense (1,025 ) 2,122 (1,185 ) Total tax provision $ 7,799 $ 4,104 $ 3,995
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Year Ended June 30, 2017 2016 2015 (Dollars in thousands) Expected income tax expense at federal tax rate $ 7,048 $ 3,986 $ 3,786 State tax, net of federal tax benefit 988 527 379 Non-taxable BOLI income (159 ) (153 ) (150 ) Low-income housing tax credit, net of adoption of ASU 2014-01 (40 ) (42 ) (42 ) Tax exempt interest income (76 ) (76 ) (76 ) Other 38 (138 ) 98 Total tax provision $ 7,799 $ 4,104 $ 3,995
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	June 30, 2017 2016 (Dollars in thousands) Deferred tax assets Allowance for loan losses $ 1,462 $ 899 Loan basis differential 1,242 1,322 Time deposit basis differential - 2 Capital lease 348 431 Compensation and benefits 1,425 937 Stock-based compensation 1,651 1,314 Unrealized loss on derivatives 640 1,243 Unrealized loss on available for sale securities 360 - Interest on nonperforming loans 418 313 Other 585 701 Gross deferred tax asset 8,131 7,162 Less: valuation allowance - - Total deferred tax assets 8,131 7,162 Deferred tax liabilities Unrealized gain on available for sale securities - 75 Intangible assets 519 662 Prepaid expenses 385 300 Premises and equipment 926 1,239 Borrowings basis differential 2,943 2,863 Other 1,135 677 Total deferred tax liability 5,908 5,816 Net deferred tax asset $ 2,223 $ 1,346
Summary of Income Tax Contingencies [Table Text Block]	Tax Position Interest and Penalties Total (Dollars in thousands) Balance, June 30, 2014 $ 101 $ 12 $ 113 Reduction of tax positions for prior years - - - Increase for prior year tax position 8 6 14 Increase for current year tax position - - - Balance, June 30, 2015 $ 109 $ 18 $ 127 Reduction of tax positions for prior years (42 ) (4 ) (46 ) Increase for prior year tax position - - - Increase for current year tax position - - - Balance, June 30, 2016 $ 67 $ 14 $ 81 Reduction of tax positions for prior years (67 ) (14 ) (81 ) Increase for prior year tax position - - - Increase for current year tax position - - - Balance, June 30, 2017 $ - $ - $ -

Note 14 - Stock-based Compens41

Note 14 - Stock-based Compensation (Tables)	12 Months Ended
	Jun. 30, 2017
Notes Tables
Share-based Compensation, Stock Options, Activity [Table Text Block]	Shares Weighted Average Exercise Price Outstanding at beginning of year 963,603 $ 12.83 Granted - - Exercised (59,404 ) 13.93 Forfeited (13,333 ) 9.30 Outstanding at end of year 890,866 12.81 Exercisable 506,911 12.46 Shares Weighted Average Grant Date Fair Value Exercisable, beginning of year 466,385 $ 3.48 Vested 99,930 2.40 Exercised (59,404 ) 3.85 Forfeited or expired - - Exercisable, end of year 506,911 3.18
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions [Table Text Block]	Assumptions: Dividend yield 3.72% Expected life (in years) 7.8 Expected volatility 28.45% - 32.84% Risk-free interest rate 0.07% - 1.54% Incremental weighted average fair value per option $0.52
Schedule of Share-based Compensation, Shares Authorized under Stock Option Plans, by Exercise Price Range [Table Text Block]	Options Outstanding Options Exercisable (Dollars in thousands, except per share data) Weighted Average Exercise Price Number Weighted Average Remaining Life (in years) Aggregate Intrinsic Value Weighted Average Exercise Price Number Weighted Remaining Life (in years) Aggregate Intrinsic Value $ 9.30 6,667 0.04 $ 74 $ 9.30 6,667 0.04 $ 74 9.38 195,999 5.59 2,150 9.38 130,666 5.59 1,433 9.38 33,059 1.50 363 9.38 33,059 1.50 363 12.63 12,500 4.58 96 12.63 12,500 4.58 97 13.93 480,631 3.50 3,086 13.93 243,015 3.50 1,560 14.52 162,010 2.73 944 14.52 81,004 2.73 472 12.81 890,866 3.74 $ 6,713 12.46 506,911 3.74 $ 3,999
Schedule of Unvested Restricted Stock Units Roll Forward [Table Text Block]	Shares Weighted Average Grant Date Fair Value Unvested at beginning of period 251,859 $ 9.93 Granted 170,000 11.71 Vested (9,473 ) 9.33 Forfeited (16,956 ) 10.33 Unvested at end of period 395,430 10.69
Schedule of Unrecognized Compensation Cost, Nonvested Awards [Table Text Block]	Year Ended June 30, 2018 2019 2020 2021 2022 Total (Dollars in thousands) Stock options $ 41 $ - $ - $ - $ - $ 41 Restricted stock 955 921 547 290 70 2,783 $ 996 $ 921 $ 547 $ 290 $ 70 $ 2,824

Note 15 - Commitments, Contin42

Note 15 - Commitments, Contingent Liabilities and Other Off-balance Sheet Risks (Tables)	12 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Fair Value, Off-balance Sheet Risks [Table Text Block]	June 30, 2017 2016 (Dollars in thousands) Commitments to originate loans $ 15,244 $ 44,684 Unused lines of credit 31,858 58,412 Standby letters of credit 3,400 3,822 Commitment to fund investment 1,000 2,500
Schedule of Future Minimum Rental Payments for Operating Leases [Table Text Block]	Minimum lease payments (Dollars in thousands) 2018 $ 1,263 2019 1,294 2020 1,244 2021 1,231 2022 1,255 Thereafter 2,041 Total $ 8,328

Note 16 - Other Comprehensive43

Note 16 - Other Comprehensive Income (Loss) (Tables)	12 Months Ended
	Jun. 30, 2017
Notes Tables
Comprehensive Income (Loss) [Table Text Block]	Year Ended June 30, 2017 2016 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 (loss) gain on available-for-sale securities $ (1,145 ) $ (434 ) $ (711 ) $ 1,033 $ 393 $ 640 Change in accumulated gain (loss) on effective cash flow hedges 1,550 592 958 (2,032 ) (776 ) (1,256 ) Reclassification adjustment included in net income 43 16 27 (3 ) (1 ) (2 ) Total derivatives and hedging activities 1,593 608 985 (2,035 ) (777 ) (1,258 ) Total other comprehensive income (loss) $ 448 $ 174 $ 274 $ (1,002 ) $ (384 ) $ (618 ) Year Ended June 30, 2015 Pre-tax Tax Expense After-tax Amount (Benefit) Amount (Dollars in thousands) Change in net unrealized gain on available-for-sale securities $ 442 $ 116 $ 326 Change in accumulated loss on effective cash flow hedges (529 ) (228 ) (301 ) Reclassification adjustment included in net income (49 ) (19 ) (30 ) Total derivatives and hedging activities (578 ) (247 ) (331 ) Total other comprehensive loss $ (136 ) $ (131 ) $ (5 )
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	June 30, 2017 June 30, 2016 June 30, 2015 (Dollars in thousands) Unrealized (loss) gain on available-for-sale securities $ (948 ) $ 197 $ (836 ) Tax effect 360 (75 ) 318 Net-of-tax amount (588 ) 122 (518 ) Unrealized loss on cash flow hedges (1,683 ) (3,276 ) (1,242 ) Tax effect 639 1,248 472 Net-of-tax amount (1,044 ) (2,028 ) (770 ) Accumulated other comprehensive loss $ (1,632 ) $ (1,906 ) $ (1,288 )

Note 17 - Derivatives (Tables)

Note 17 - Derivatives (Tables)	12 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Derivative Instruments [Table Text Block]	June 30, 2017 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 1.30 % 3.38 % n/a $ (666 ) $ (666 ) Other Liabilities 5,000 July 2013 July 2028 3 Mo. LIBOR 1.30 % 3.23 % n/a (471 ) (471 ) Other Liabilities 5,000 July 2013 July 2023 3 Mo. LIBOR 1.30 % 2.77 % n/a (218 ) (218 ) Other Liabilities Interest rate caps: 6,000 October 2014 September 2019 3 Mo. LIBOR n/a n/a 2.50 % (142 ) 4 Other Assets 10,000 March 2015 February 2020 3 Mo. LIBOR n/a n/a 2.50 % (186 ) 14 Other Assets $ 31,000 $ (1,683 ) $ (1,337 ) June 30, 2016 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 0.65 % 3.38 % n/a $ (1,352 ) $ (1,352 ) Other Liabilities 5,000 July 2013 July 2028 3 Mo. LIBOR 0.65 % 3.23 % n/a (1,005 ) (1,005 ) Other Liabilities 5,000 July 2013 July 2023 3 Mo. LIBOR 0.65 % 2.77 % n/a (560 ) (560 ) Other Liabilities Interest rate caps: 6,000 October 2014 September 2019 3 Mo. LIBOR n/a n/a 2.50 % (167 ) 10 Other Assets 10,000 March 2015 February 2020 3 Mo. LIBOR n/a n/a 2.50 % (192 ) 25 Other Assets $ 31,000 $ (3,276 ) $ (2,882 )
Schedule of Fair Value Hedge Ineffectiveness [Table Text Block]	Year Ended June 30, 2017 2016 2015 (Dollars in thousands) Interest income (expense): Interest rate caps $ (43 ) $ 3 $ (15 ) Interest rate swap - - 64 Total $ (43 ) $ 3 $ 49

Note 18 - Fair Value Measurem45

Note 18 - Fair Value Measurements (Tables)	12 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	June 30, 2017 Total Level 1 Level 2 Level 3 Assets (Dollars in thousands) Securities available-for-sale: U.S. Government agency securities $ 57,168 $ - $ 57,168 $ - Agency mortgage-backed securities 32,903 - 32,903 - Other investments measured at net asset value (1) 6,622 - - - Other assets – interest rate caps 18 - 18 - Liabilities Other liabilities – interest rate swaps 1,355 - 1,355 - June 30, 2016 Total Level 1 Level 2 Level 3 Assets (Dollars in thousands) Securities available-for-sale: U.S. Government agency securities $ 52,046 $ - $ 52,046 $ - Agency mortgage-backed securities 43,368 - 43,368 - Other investments measured at net asset value (1) 5,158 - - - Other assets – interest rate caps 35 - 35 - Liabilities Other liabilities – interest rate swap 2,917 - 2,917 -
Fair Value Measurements, Nonrecurring [Table Text Block]	June 30, 2017 Total Level 1 Level 2 Level 3 (Dollars in thousands) Collateral dependent impaired loans $ 1,011 $ - $ - $ 1,011 Real estate owned and other repossessed collateral 826 - - 826 Loan servicing rights 2,846 - - 2,846 June 30, 2016 Total Level 1 Level 2 Level 3 (Dollars in thousands) Collateral dependent impaired loans $ 922 $ - $ - $ 922 Real estate owned and other repossessed collateral 1,652 - - 1,652 Loan servicing rights 1,771 - - 1,771
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]	Fair Value June 30, 2017 June 30, Valuation Technique (Dollars in thousands) Collateral dependent impaired loans $ 1,011 $ 922 Appraisal of collateral (1) Real estate owned and other repossessed collateral 826 1,652 Appraisal of collateral (1) Loan servicing rights 2,846 1,771 Discounted cash flow (2)
Fair Value, by Balance Sheet Grouping [Table Text Block]	Carrying Fair Value Measurements at June 30, 2017 Amount Total Level 1 Level 2 Level 3 (Dollars in thousands) Financial assets: Cash and cash equivalents $ 163,283 $ 163,283 $ 163,283 $ - $ - Available-for-sale securities 90,071 90,071 - 90,071 - Other investments measured at net asset value (1) 6,622 6,622 - - - Federal Home Loan Bank stock 1,938 1,938 - 1,938 - Loans held for sale 4,699 4,699 - 4,699 - Loans, net 775,530 776,579 - - 776,579 Accrued interest receivable 2,111 2,111 - 2,111 - Interest rate caps 18 18 - 18 - Financial liabilities: Deposits 889,850 889,877 - 889,877 - Federal Home Loan Bank advances 20,011 20,057 - 20,057 - Capital lease obligation 873 918 - 918 - Subordinated debt 23,620 25,677 - - 25,677 Interest rate swaps 1,355 1,355 - 1,355 - Carrying Fair Value Measurements at June 30, 2016 Amount Total Level 1 Level 2 Level 3 (Dollars in thousands) Financial assets: Cash and cash equivalents $ 151,157 $ 151,157 $ 151,157 $ - $ - Available-for-sale securities 95,414 95,414 - 95,414 - Other investments measured at net asset value (1) 5,158 5,158 - - - Federal Home Loan Bank stock 2,408 2,408 - 2,408 - Loans held for sale 7,519 7,519 - 7,519 - Loans, net 690,086 695,830 - - 695,830 Accrued interest receivable 1,579 1,579 - 1,579 - Interest rate caps 35 35 - 35 - Financial liabilities: Deposits 800,432 801,045 - 801,045 - Federal Home Loan Bank advances 30,075 30,396 - 30,396 - Capital lease obligation 1,128 1,219 - 1,219 - Subordinated debt 23,331 25,664 - - 25,664 Interest rate swaps 2,917 2,917 - 2,917 -

Note 19 - Condensed Parent In46

Note 19 - Condensed Parent Information (Tables)	12 Months Ended
	Jun. 30, 2017
Notes Tables
Condensed Balance Sheet [Table Text Block]	June 30, 2017 June 30, 2016 (Dollars in thousands) Balance Sheets Assets: Cash $ 8,165 $ 24,528 Investment in subsidiary 138,920 117,228 Investment in common securities of affiliated trusts 496 496 Other assets 193 226 Total assets $ 147,774 $ 142,478 Liabilities and Shareholders’ Equity: Subordinated debt $ 23,620 $ 23,331 Other liabilities 1,357 2,556 Total liabilities 24,977 25,887 Shareholders’ equity 122,797 116,591 Total liabilities and shareholders’ equity $ 147,774 $ 142,478
Condensed Income Statement [Table Text Block]	Year Ended June 30, 2017 2016 2015 (Dollars in thousands) Statements of Income Income: Other income $ 563 $ 62 $ 14 Expenses: Interest expense 1,888 651 718 Noninterest expense 1,324 954 1,128 Total expense 3,212 1,605 1,846 Loss before income tax benefit and equity in undistributed net income of subsidiary (2,649 ) (1,543 ) (1,832 ) Income tax benefit (1,548 ) (579 ) (684 ) Loss before equity in undistributed net income of subsidiary (1,101 ) (964 ) (1,148 ) Equity in undistributed net income of subsidiary 13,440 8,583 8,289 Net income $ 12,339 $ 7,619 $ 7,141
Condensed Cash Flow Statement [Table Text Block]	Year Ended June 30, 2017 2016 2015 (Dollars in thousands) Statements of Cash Flows Operating activities: Net income $ 12,339 $ 7,619 $ 7,141 Adjustments to reconcile net income to net cash (used in) provided by operating activities: Amortization of fair value adjustment for borrowings 289 193 186 Stock-based compensation 945 613 705 Undistributed earnings of subsidiary (13,440 ) (8,583 ) (8,289 ) (Decrease) increase in other assets and liabilities (1,144 ) 673 1,029 Net cash (used in) provided by operating activities (1,011 ) 515 772 Investing activities: Increase in investment of bank subsidiary - - - Net cash used in investing activities - - - Financing activities: Capital contribution (8,000 ) - - Issuance of subordinated debt, net of debt issuance costs - 14,512 - Taxes paid for retirement of common stock (52 ) (11 ) - Repurchase of common stock (6,943 ) (3,359 ) (6,666 ) Dividends paid to shareholders (357 ) (380 ) (402 ) Net cash (used in) provided by financing activities (15,352 ) 10,762 (7,068 ) Net (decrease) increase in cash (16,363 ) 11,277 (6,296 ) Cash, beginning of year 24,528 13,251 19,547 Cash, end of year $ 8,165 $ 24,528 $ 13,251

Note 20 - Quarterly Results o47

Note 20 - Quarterly Results of Operations (Unaudited) (Tables)	12 Months Ended
	Jun. 30, 2017
Notes Tables
Quarterly Financial Information [Table Text Block]	2017 (Dollars in thousands, except share data) First Quarter Second Quarter Third Quarter Fourth Quarter Interest and dividend income $ 12,257 $ 14,332 $ 14,960 $ 16,371 Interest expense 2,482 2,499 2,501 2,614 Net interest income 9,775 11,833 12,459 13,757 Provision for loan losses 193 628 384 389 Net interest income after provision for loan losses 9,582 11,205 12,075 13,368 Non-interest income 1,808 2,690 2,308 2,890 Non-interest expense 8,626 8,956 8,842 9,364 Income before income tax expense 2,764 4,939 5,541 6,894 Income tax expense 1,013 1,839 2,080 2,867 Net income $ 1,751 $ 3,100 $ 3,461 $ 4,027 Basic earnings per share $ 0.19 $ 0.35 $ 0.39 $ 0.46 Diluted earnings per share $ 0.19 $ 0.35 $ 0.39 $ 0.45 2016 (Dollars in thousands, except share data) First Quarter Second Quarter Third Quarter Fourth Quarter Interest and dividend income $ 11,113 $ 12,035 $ 11,259 $ 12,828 Interest expense 1,872 1,863 2,005 2,115 Net interest income 9,241 10,172 9,254 10,713 Provision for loan losses 169 896 236 317 Net interest income after provision for loan losses 9,072 9,276 9,018 10,396 Non-interest income 1,705 1,624 2,035 2,411 Non-interest expense 7,810 8,196 8,412 9,396 Income before income tax expense 2,967 2,704 2,641 3,411 Income tax expense 1,100 960 832 1,212 Net income $ 1,867 $ 1,744 $ 1,809 $ 2,199 Basic earnings per share $ 0.20 $ 0.18 $ 0.19 $ 0.24 Diluted earnings per share $ 0.20 $ 0.18 $ 0.19 $ 0.24 2015 (Dollars in thousands, except share data) First Quarter Second Quarter Third Quarter Fourth Quarter Interest and dividend income $ 11,232 $ 11,259 $ 10,913 $ 11,185 Interest expense 1,761 1,833 1,793 1,835 Net interest income 9,471 9,426 9,120 9,350 Provision for loan losses 320 113 44 240 Net interest income after provision for loan losses 9,151 9,313 9,076 9,110 Non-interest income 1,154 1,370 1,554 3,067 Non-interest expense 7,737 8,210 7,885 8,827 Income before income tax expense 2,568 2,473 2,745 3,350 Income tax expense 924 893 993 1,185 Net income $ 1,644 $ 1,580 $ 1,752 $ 2,165 Basic earnings per share $ 0.16 $ 0.16 $ 0.18 $ 0.22 Diluted earnings per share $ 0.16 $ 0.16 $ 0.18 $ 0.22

Note 1 - Summary of Significa48

Note 1 - Summary of Significant Accounting Policies (Details Textual) $ in Thousands	12 Months Ended
	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)
Investments in and Advances to Affiliates, Amount of Equity	$ 496
Cash Reserve Deposit Required and Made	$ 2,700	$ 4,000
Transfer of Assets Number of Agreements to Repurchase Before Maturity	0
Number of Reportable Segments	1
Equity Method Investment, Other than Temporary Impairment	$ 0	$ 0
Consumer Loan [Member]
Threshold Period Past Due for Write-off of Financing Receivable	180 days

Note 2 - Securities Available49

Note 2 - Securities Available-for-sale (Details Textual) $ in Thousands	12 Months Ended
	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities	$ 0	$ 0	$ 0
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year	7
Available-for-sale Securities, Effective Duration	4 years 354 days
Proceeds from Sale of Available-for-sale Securities	$ 0	$ 0
Available-for-sale Securities Pledged as Collateral	$ 0

Note 2 - Securities Available50

Note 2 - Securities Available-for-sale - Securities Available-for-sale (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
Gross Unrealized Gains		$ 249
Gross Unrealized Losses	(948)	(52)
Fair Value	96,693	100,572
Amortized Cost	97,641	100,375
US Government Agencies Debt Securities [Member]
Gross Unrealized Gains		98
Gross Unrealized Losses	(233)
Fair Value	57,168	52,046
Amortized Cost	57,401	51,948
Collateralized Mortgage Backed Securities [Member]
Gross Unrealized Gains		90
Gross Unrealized Losses	(620)	(52)
Fair Value	32,903	43,368
Amortized Cost	33,523	43,330
Collateralized Debt Obligations [Member]
Gross Unrealized Gains		61
Gross Unrealized Losses	(95)
Fair Value	6,622	5,158
Amortized Cost	$ 6,717	$ 5,097

Note 2 - Securities Available51

Note 2 - Securities Available-for-sale - Securities in a Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Unrealized losses, less than 12 months	$ (626)
Fair Value, More than 12 months	13,332	25,350
Unrealized losses, More than 12 months	(322)	(52)
Fair Value	95,186	25,350
Unrealized Losses	(948)	(52)
Fair Value, Less than 12 months	81,854
US Government Agencies Debt Securities [Member]
Unrealized losses, less than 12 months	(233)
Fair Value, More than 12 months
Unrealized losses, More than 12 months
Fair Value	57,168
Unrealized Losses	(233)
Fair Value, Less than 12 months	57,168
Collateralized Mortgage Backed Securities [Member]
Unrealized losses, less than 12 months	(298)
Fair Value, More than 12 months	13,332	25,350
Unrealized losses, More than 12 months	(322)	(52)
Fair Value	32,903	25,350
Unrealized Losses	(620)	(52)
Fair Value, Less than 12 months	19,571
Collateralized Debt Obligations [Member]
Unrealized losses, less than 12 months	(95)
Fair Value, More than 12 months
Unrealized losses, More than 12 months
Fair Value	5,115
Unrealized Losses	(95)
Fair Value, Less than 12 months	$ 5,115

Note 2 - Securities Available52

Note 2 - Securities Available-for-sale - Securities by Contractual Maturity (Details) $ in Thousands	Jun. 30, 2017USD ($)
Due within one year, amortized cost	$ 26,306
Due within one year, fair value	26,225
Due after one year through five years, amortized cost	36,496
Due after one year through five years, fair value	36,297
Due after five years through ten years, amortized cost	10,534
Due after five years through ten years, fair value	10,369
Due after ten years, amortized cost	17,588
Due after ten years, fair value	17,180
Total, amortized cost	90,924
Total, fair value	$ 90,071

Note 3 - Loans, Allowance for53

Note 3 - Loans, Allowance for Loan Losses and Credit Quality (Details Textual) $ in Thousands	12 Months Ended
	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums	$ 507	$ 58
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged	163,500	106,200
Loans and Leases Receivable, Related Parties	$ 208	$ 282
Financing Receivable, Modifications, Subsequent Default, Number of Contracts	0	1
Financing Receivable, Modifications, Subsequent Default, Recorded Investment		$ 8
Loans Held-forsale [Member]
Loans and Leases Receivable, Impaired, Commitment to Lend	$ 0
Commercial Portfolio Segment [Member]
Proceeds from Sale of Loans Receivable	18,300
Gain (Loss) on Sale of Loans and Leases	$ 365

Note 3 - Loans, Allowance for54

Note 3 - Loans, Allowance for Loan Losses and Credit Quality - Loan Portfolio (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
Loans	$ 779,195	$ 692,436
Residential Real Estate, without Home Equity [Member]
Loans	87,136	95,950
Home Equity Portfolio Segment [Member]
Loans	14,032	18,012
Commercial Real Estate Portfolio Segment [Member]
Loans	498,004	426,568
Commercial Portfolio Segment [Member]
Loans	175,654	145,956
Consumer Portfolio Segment [Member]
Loans	4,369	5,950
Originated Loans [Member]
Loans	532,807	452,727
Originated Loans [Member] | Residential Real Estate, without Home Equity [Member]
Loans	83,759	93,391
Originated Loans [Member] | Home Equity Portfolio Segment [Member]
Loans	13,931	18,012
Originated Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans	256,280	189,616
Originated Loans [Member] | Commercial Portfolio Segment [Member]
Loans	174,468	145,758
Originated Loans [Member] | Consumer Portfolio Segment [Member]
Loans	4,369	5,950
Purchased Loans [Member]
Loans	246,388	239,709
Purchased Loans [Member] | Residential Real Estate, without Home Equity [Member]
Loans	3,377	2,559
Purchased Loans [Member] | Home Equity Portfolio Segment [Member]
Loans	101
Purchased Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans	241,724	236,952
Purchased Loans [Member] | Commercial Portfolio Segment [Member]
Loans	1,186	198
Purchased Loans [Member] | Consumer Portfolio Segment [Member]
Loans

Note 3 - Loans, Allowance for55

Note 3 - Loans, Allowance for Loan Losses and Credit Quality - Summary of Past Due and Non-accrual Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
Current	$ 765,811	$ 685,531
Loans	779,195	692,436
Non- Accrual Loans	13,963	7,827
Past due	13,384	6,905
Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	2,698	653
Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	3,703	985
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	6,983	5,267
Residential Real Estate, without Home Equity [Member]
Loans	87,136	95,950
Home Equity Portfolio Segment [Member]
Loans	14,032	18,012
Commercial Real Estate Portfolio Segment [Member]
Loans	498,004	426,568
Commercial Portfolio Segment [Member]
Loans	175,654	145,956
Consumer Portfolio Segment [Member]
Loans	4,369	5,950
Residential Portfolio Segment [Member]
Loans	101,168	113,962
Originated Loans [Member]
Current	525,613	449,228
Loans	532,807	452,727
Non- Accrual Loans	6,511	3,315
Past due	7,194	3,499
Originated Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	2,525	653
Originated Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	624	966
Originated Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	4,045	1,880
Originated Loans [Member] | Residential Real Estate, without Home Equity [Member]
Current	81,646	90,624
Loans	83,759	93,391
Non- Accrual Loans	3,337	2,613
Past due	2,113	2,767
Originated Loans [Member] | Residential Real Estate, without Home Equity [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	141	302
Originated Loans [Member] | Residential Real Estate, without Home Equity [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	574	910
Originated Loans [Member] | Residential Real Estate, without Home Equity [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	1,398	1,555
Originated Loans [Member] | Home Equity Portfolio Segment [Member]
Current	13,824	17,818
Loans	13,931	18,012
Non- Accrual Loans	58	48
Past due	107	194
Originated Loans [Member] | Home Equity Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	49	146
Originated Loans [Member] | Home Equity Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due
Originated Loans [Member] | Home Equity Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	58	48
Originated Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Current	253,890	189,296
Loans	256,280	189,616
Non- Accrual Loans	413	474
Past due	2,390	320
Originated Loans [Member] | Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	2,266	132
Originated Loans [Member] | Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due
Originated Loans [Member] | Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	124	188
Originated Loans [Member] | Commercial Portfolio Segment [Member]
Current	172,035	145,743
Loans	174,468	145,758
Non- Accrual Loans	2,600	17
Past due	2,433	15
Originated Loans [Member] | Commercial Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due
Originated Loans [Member] | Commercial Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due
Originated Loans [Member] | Commercial Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	2,433	15
Originated Loans [Member] | Consumer Portfolio Segment [Member]
Current	4,218	5,747
Loans	4,369	5,950
Non- Accrual Loans	103	163
Past due	151	203
Originated Loans [Member] | Consumer Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	69	73
Originated Loans [Member] | Consumer Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	50	56
Originated Loans [Member] | Consumer Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	32	74
Originated Loans [Member] | Residential Portfolio Segment [Member]
Loans	97,690	111,403
Purchased Loans [Member]
Current	240,198	236,303
Loans	246,388	239,709
Non- Accrual Loans	7,452	4,512
Past due	6,190	3,406
Purchased Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	173
Purchased Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	3,079	19
Purchased Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	2,938	3,387
Purchased Loans [Member] | Residential Real Estate, without Home Equity [Member]
Current		2,559
Loans	3,377	2,559
Non- Accrual Loans		1,125
Past due
Purchased Loans [Member] | Residential Real Estate, without Home Equity [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due
Purchased Loans [Member] | Residential Real Estate, without Home Equity [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due
Purchased Loans [Member] | Residential Real Estate, without Home Equity [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due
Purchased Loans [Member] | Home Equity Portfolio Segment [Member]
Loans	101
Purchased Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Current	236,632	233,546
Loans	241,724	236,952
Non- Accrual Loans	6,364	3,387
Past due	5,092	3,406
Purchased Loans [Member] | Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	173
Purchased Loans [Member] | Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	1,997	19
Purchased Loans [Member] | Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	2,922	3,387
Purchased Loans [Member] | Commercial Portfolio Segment [Member]
Current	1,186	198
Loans	1,186	198
Non- Accrual Loans	32
Past due
Purchased Loans [Member] | Commercial Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due
Purchased Loans [Member] | Commercial Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due
Purchased Loans [Member] | Commercial Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due
Purchased Loans [Member] | Consumer Portfolio Segment [Member]
Loans
Purchased Loans [Member] | Residential Portfolio Segment [Member]
Current	2,380
Loans	3,478
Non- Accrual Loans	1,056
Past due	1,098
Purchased Loans [Member] | Residential Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due
Purchased Loans [Member] | Residential Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	1,082
Purchased Loans [Member] | Residential Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	$ 16

Note 3 - Loans, Allowance for56

Note 3 - Loans, Allowance for Loan Losses and Credit Quality - Allowance for Loan Losses by Portfolio Segment (Details) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Charge-offs													$ (387)	$ (1,265)	$ (238)
Ending balance	$ 3,665				$ 2,350				$ 1,926				3,665	2,350	1,926
Beginning balance				$ 2,350				$ 1,926				$ 1,367	2,350	1,926	1,367
Provision for loan losses	389	$ 384	$ 628	193	317	$ 236	$ 896	169	240	$ 44	$ 113	320	1,594	1,618	717
Recoveries													108	71	80
Residential Portfolio Segment [Member] | Originated Loans [Member]
Charge-offs													(186)	(134)	(207)
Ending balance	477				663				741				477	663	741
Beginning balance				663				741				580	663	741	580
Provision for loan losses													(33)	21	344
Recoveries													33	35	24
Commercial Real Estate Portfolio Segment [Member] | Originated Loans [Member]
Charge-offs													(3)	(51)
Ending balance	2,312				1,195				694				2,312	1,195	694
Beginning balance				1,195				694				358	1,195	694	358
Provision for loan losses													1,099	547	335
Recoveries													21	5	1
Commercial Portfolio Segment [Member] | Originated Loans [Member]
Charge-offs														(77)	(3)
Ending balance	520				297				117				520	297	117
Beginning balance				297				117				48	297	117	48
Provision for loan losses													207	243	38
Recoveries													16	14	34
Consumer Portfolio Segment [Member] | Originated Loans [Member]
Charge-offs													(101)	(66)	(28)
Ending balance	53				62				35				53	62	35
Beginning balance				62				35				79	62	35	79
Provision for loan losses													54	76	(37)
Recoveries													38	17	21
Purchased Loans [Member]
Charge-offs													(97)	(937)
Ending balance	303				133				283				303	133	283
Beginning balance				133				283				268	133	283	268
Provision for loan losses													267	787	15
Recoveries
Unallocated Financing Receivables [Member]
Charge-offs
Ending balance									$ 56						56
Beginning balance								$ 56				$ 34		56	34
Provision for loan losses														(56)	22
Recoveries

Note 3 - Loans, Allowance for57

Note 3 - Loans, Allowance for Loan Losses and Credit Quality - Allowance for Loan Losses by Portfolio Segment and Impairment Methodology (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Allowance for loan losses, ASC 310-30	$ 303	$ 133
Allowance for loan losses	3,665	2,350	$ 1,926	$ 1,367
Loans, individually evaluated	10,425	7,104
Loans, collectively evaluated	522,382	445,623
Loans, ASC 310-30	246,388	239,709
Loans	779,195	692,436
Allowance for loan losses, individually evaluated	552	470
Allowance for loan losses, collectively evaluated	2,810	1,747
Originated Loans [Member]
Loans	532,807	452,727
Residential Portfolio Segment [Member]
Loans	101,168	113,962
Residential Portfolio Segment [Member] | Originated Loans [Member]
Allowance for loan losses, ASC 310-30
Allowance for loan losses	477	663	741	580
Loans, individually evaluated	5,676	5,039
Loans, collectively evaluated	92,014	106,364
Loans, ASC 310-30
Loans	97,690	111,403
Allowance for loan losses, individually evaluated	252	386
Allowance for loan losses, collectively evaluated	225	277
Commercial Real Estate Portfolio Segment [Member]
Loans	498,004	426,568
Commercial Real Estate Portfolio Segment [Member] | Originated Loans [Member]
Allowance for loan losses, ASC 310-30
Allowance for loan losses	2,312	1,195	694	358
Loans, individually evaluated	1,759	1,686
Loans, collectively evaluated	254,521	187,930
Loans, ASC 310-30
Loans	256,280	189,616
Allowance for loan losses, individually evaluated	147	59
Allowance for loan losses, collectively evaluated	2,165	1,136
Commercial Portfolio Segment [Member]
Loans	175,654	145,956
Commercial Portfolio Segment [Member] | Originated Loans [Member]
Allowance for loan losses, ASC 310-30
Allowance for loan losses	520	297	117	48
Loans, individually evaluated	2,694	17
Loans, collectively evaluated	171,774	145,741
Loans, ASC 310-30
Loans	174,468	145,758
Allowance for loan losses, individually evaluated	149	2
Allowance for loan losses, collectively evaluated	371	295
Consumer Portfolio Segment [Member]
Loans	4,369	5,950
Consumer Portfolio Segment [Member] | Originated Loans [Member]
Allowance for loan losses, ASC 310-30
Allowance for loan losses	53	62	35	79
Loans, individually evaluated	296	362
Loans, collectively evaluated	4,073	5,588
Loans, ASC 310-30
Loans	4,369	5,950
Allowance for loan losses, individually evaluated	4	23
Allowance for loan losses, collectively evaluated	49	39
Purchased Loans [Member]
Allowance for loan losses, ASC 310-30	303	133
Allowance for loan losses	303	133	283	268
Loans, individually evaluated
Loans, collectively evaluated
Loans, ASC 310-30	246,388	239,709
Loans	246,388	239,709
Allowance for loan losses, individually evaluated
Allowance for loan losses, collectively evaluated
Unallocated Financing Receivables [Member]
Allowance for loan losses, ASC 310-30
Allowance for loan losses			$ 56	$ 34
Loans, individually evaluated
Loans, collectively evaluated
Loans, ASC 310-30
Loans
Allowance for loan losses, individually evaluated
Allowance for loan losses, collectively evaluated

Note 3 - Loans, Allowance for58

Note 3 - Loans, Allowance for Loan Losses and Credit Quality - Impaired Loans (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Unpaid principal balance, with related allowance	$ 7,899	$ 4,951
Collateral dependent impaired loans	23,831	14,287
Recorded investment	23,831	14,287
Unpaid principal balance	27,110	15,011
Related allowance	783	536
Recorded investment, with no related allowance	16,315	9,614
Unpaid principal balance, with no related allowance	19,211	10,060
Recorded investment, with related allowance	7,516	4,673
Average recorded investment, with no related allowance	13,237	10,512	$ 8,418
Interest income recognized, with no related allowance	440	400	493
Average recorded investment, with related allowance	5,297	4,440	4,313
Interest income recognized, with related allowance	325	245	204
Average recorded investment	18,534	14,952	12,731
Interest income recognized	765	645	697
Residential Portfolio Segment [Member] | Originated Loans [Member]
Unpaid principal balance, with related allowance	1,595	1,802
Related allowance	252	386
Recorded investment, with no related allowance	4,052	3,192
Unpaid principal balance, with no related allowance	4,084	3,299
Recorded investment, with related allowance	1,624	1,847
Average recorded investment, with no related allowance	3,775	2,584	1,490
Interest income recognized, with no related allowance	106	151	92
Average recorded investment, with related allowance	1,798	1,984	1,715
Interest income recognized, with related allowance	117	96	87
Residential Portfolio Segment [Member] | Purchased Loans [Member]
Recorded investment, with no related allowance	1,056	1,125
Unpaid principal balance, with no related allowance	1,099	1,125
Average recorded investment, with no related allowance	1,086	563
Interest income recognized, with no related allowance	1	51
Consumer Portfolio Segment [Member] | Originated Loans [Member]
Unpaid principal balance, with related allowance	55	112
Related allowance	4	23
Recorded investment, with no related allowance	250	257
Unpaid principal balance, with no related allowance	271	282
Recorded investment, with related allowance	46	105
Average recorded investment, with no related allowance	225	255	226
Interest income recognized, with no related allowance	14	27	80
Average recorded investment, with related allowance	77	53	20
Interest income recognized, with related allowance	7	3	17
Commercial Real Estate Portfolio Segment [Member] | Originated Loans [Member]
Unpaid principal balance, with related allowance	1,388	1,223
Related allowance	147	59
Recorded investment, with no related allowance	359	451
Unpaid principal balance, with no related allowance	354	453
Recorded investment, with related allowance	1,400	1,235
Average recorded investment, with no related allowance	454	978	1,436
Interest income recognized, with no related allowance	19	31	71
Average recorded investment, with related allowance	1,219	1,056	1,029
Interest income recognized, with related allowance	100	63	59
Commercial Real Estate Portfolio Segment [Member] | Purchased Loans [Member]
Unpaid principal balance, with related allowance	3,929	1,812
Related allowance	176	66
Recorded investment, with no related allowance	8,696	4,574
Unpaid principal balance, with no related allowance	11,468	4,886
Recorded investment, with related allowance	3,528	1,484
Average recorded investment, with no related allowance	6,474	6,123	5,265
Interest income recognized, with no related allowance	267	140	249
Average recorded investment, with related allowance	1,636	1,346	1,549
Interest income recognized, with related allowance	86	83	41
Commercial Portfolio Segment [Member] | Originated Loans [Member]
Unpaid principal balance, with related allowance	824	2
Related allowance	149	2
Recorded investment, with no related allowance	1,870	15
Unpaid principal balance, with no related allowance	1,870	15
Recorded investment, with related allowance	824	2
Average recorded investment, with no related allowance	1,195	9	1
Interest income recognized, with no related allowance	33		1
Average recorded investment, with related allowance	532	1
Interest income recognized, with related allowance	13
Commercial Portfolio Segment [Member] | Purchased Loans [Member]
Unpaid principal balance, with related allowance	108
Related allowance	55
Recorded investment, with no related allowance	32
Unpaid principal balance, with no related allowance	65
Recorded investment, with related allowance	94
Average recorded investment, with no related allowance	28
Interest income recognized, with no related allowance
Average recorded investment, with related allowance	35
Interest income recognized, with related allowance	$ 2

Note 3 - Loans, Allowance for59

Note 3 - Loans, Allowance for Loan Losses and Credit Quality - Loans by Risk Rating (Details) - USD ($) $ in Thousands		Jun. 30, 2017	Jun. 30, 2016
Loans by risk rating		$ 688,069	$ 583,733
Originated Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans by risk rating		256,281	189,616
Originated Loans [Member] | Commercial Portfolio Segment [Member]
Loans by risk rating		174,468	145,758
Originated Loans [Member] | Residential Portfolio Segment [Member]
Loans by risk rating	[1]	10,932	8,650
Purchased Loans [Member]
Loans by risk rating		246,388	239,709
Pass [Member]
Loans by risk rating		664,220	564,170
Pass [Member] | Originated Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans by risk rating		253,041	186,165
Pass [Member] | Originated Loans [Member] | Commercial Portfolio Segment [Member]
Loans by risk rating		171,160	142,451
Pass [Member] | Originated Loans [Member] | Residential Portfolio Segment [Member]
Loans by risk rating	[1]	10,039	7,659
Pass [Member] | Purchased Loans [Member]
Loans by risk rating		229,980	227,895
Special Mention [Member]
Loans by risk rating		14,862	13,361
Special Mention [Member] | Originated Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans by risk rating		2,686	2,493
Special Mention [Member] | Originated Loans [Member] | Commercial Portfolio Segment [Member]
Loans by risk rating		2,483	3,290
Special Mention [Member] | Originated Loans [Member] | Residential Portfolio Segment [Member]
Loans by risk rating	[1]	71	431
Special Mention [Member] | Purchased Loans [Member]
Loans by risk rating		9,622	7,147
Substandard [Member]
Loans by risk rating		8,968	6,179
Substandard [Member] | Originated Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans by risk rating		554	958
Substandard [Member] | Originated Loans [Member] | Commercial Portfolio Segment [Member]
Loans by risk rating		825	17
Substandard [Member] | Originated Loans [Member] | Residential Portfolio Segment [Member]
Loans by risk rating	[1]	803	537
Substandard [Member] | Purchased Loans [Member]
Loans by risk rating		6,786	4,667
Doubtful [Member]
Loans by risk rating		19	23
Doubtful [Member] | Originated Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans by risk rating
Doubtful [Member] | Originated Loans [Member] | Commercial Portfolio Segment [Member]
Loans by risk rating
Doubtful [Member] | Originated Loans [Member] | Residential Portfolio Segment [Member]
Loans by risk rating	[1]	19	23
Doubtful [Member] | Purchased Loans [Member]
Loans by risk rating
Unlikely to be Collected Financing Receivable [Member]
Loans by risk rating
Unlikely to be Collected Financing Receivable [Member] | Originated Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans by risk rating
Unlikely to be Collected Financing Receivable [Member] | Originated Loans [Member] | Commercial Portfolio Segment [Member]
Loans by risk rating
Unlikely to be Collected Financing Receivable [Member] | Originated Loans [Member] | Residential Portfolio Segment [Member]
Loans by risk rating	[1]
Unlikely to be Collected Financing Receivable [Member] | Purchased Loans [Member]
Loans by risk rating
[1]	Certain loans made for commercial purposes, but secured by residential collateral, are rated under the Company’s risk-rating system

Note 3 - Loans, Allowance for60

Note 3 - Loans, Allowance for Loan Losses and Credit Quality - TDRs by Type of Modification (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)
Number of Contracts	23	13
Recorded Investment	$ 8,256	$ 1,426
Extended Maturity [Member]
Number of Contracts	9
Recorded Investment	$ 4,537
Contractual Interest Rate Reduction [Member]
Number of Contracts	6	4
Recorded Investment	$ 424	$ 129
Rate and Maturity [Member]
Number of Contracts	5	9
Recorded Investment	$ 1,317	$ 1,297
Principal Forgiveness [Member]
Number of Contracts	3
Recorded Investment	$ 1,978
Court Ordered Concession [Member]
Number of Contracts
Recorded Investment

Note 3 - Loans, Allowance for61

Note 3 - Loans, Allowance for Loan Losses and Credit Quality - TDRs Pre- and Post-modification (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)
Number of Contracts	23	13
Recorded Investment Pre-Modification	$ 8,015	$ 1,395
Recorded Investment	$ 8,256	$ 1,426
Originated Loans [Member]
Number of Contracts	13	12
Recorded Investment Pre-Modification	$ 3,026	$ 677
Recorded Investment	$ 3,216	$ 708
Purchased Loans [Member]
Number of Contracts	10	1
Recorded Investment Pre-Modification	$ 4,989	$ 718
Recorded Investment	$ 5,040	$ 718
Residential Portfolio Segment [Member] | Originated Loans [Member]
Number of Contracts	9	9
Recorded Investment Pre-Modification	$ 964	$ 502
Recorded Investment	$ 1,084	$ 533
Home Equity Portfolio Segment [Member] | Originated Loans [Member]
Number of Contracts
Recorded Investment Pre-Modification
Recorded Investment
Commercial Real Estate Portfolio Segment [Member] | Originated Loans [Member]
Number of Contracts	2	1
Recorded Investment Pre-Modification	$ 195	$ 154
Recorded Investment	$ 195	$ 154
Commercial Real Estate Portfolio Segment [Member] | Purchased Loans [Member]
Number of Contracts	9	1
Recorded Investment Pre-Modification	$ 4,895	$ 718
Recorded Investment	$ 4,946
Commercial Portfolio Segment [Member] | Originated Loans [Member]
Number of Contracts	2	1
Recorded Investment Pre-Modification	$ 1,867	$ 2
Recorded Investment	$ 1,937	$ 2
Commercial Portfolio Segment [Member] | Purchased Loans [Member]
Number of Contracts	1
Recorded Investment Pre-Modification	$ 94
Recorded Investment	$ 94	$ 718
Consumer Portfolio Segment [Member] | Originated Loans [Member]
Number of Contracts		1
Recorded Investment Pre-Modification		$ 19
Recorded Investment		$ 19

Note 3 - Loans, Allowance for62

Note 3 - Loans, Allowance for Loan Losses and Credit Quality - Loans Acquired Accounted for Under ASC 310-30 (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Contractually required payments receivable	$ 175,274	$ 148,394	$ 128,452
Nonaccretable difference	(4,518)	(2,050)	(2,042)
Cash flows expected to be collected	170,756	146,344	126,410
Accretable yield	(57,949)	(46,345)	(43,756)
Fair value of loans acquired	$ 112,807	$ 99,999	$ 82,654

Note 3 - Loans, Allowance for63

Note 3 - Loans, Allowance for Loan Losses and Credit Quality - Loans Acquired Not Accounted for Using the Income Recognition Model (Details) - USD ($)	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Loans acquired during the period	$ 1,850	$ 424	$ 357
Loans at end of period	6,582	4,512	6,127
Beginning balance	124,151,000	111,449,000	109,040,000
Acquisitions	57,949,000	46,345,000	43,756,000
Accretion	(18,468,000)	(16,900,000)	(16,886,000)
Reclassifications from non-accretable difference to accretable yield	6,109,000	7,079,000	157,000
Disposals and other changes	(38,544,000)	(23,822,000)	(24,618,000)
Ending balance	$ 131,197,000	$ 124,151,000	$ 111,449,000

Note 3 - Loans, Allowance for64

Note 3 - Loans, Allowance for Loan Losses and Credit Quality - Unpaid Principal Balance and Carrying Amounts of ASC 310-30 Loans (Details) - USD ($) $ in Thousands		Jun. 30, 2017	Jun. 30, 2016
Unpaid principal balance	[1]	$ 271,709	$ 267,985
Carrying amount	[1]	$ 239,583	$ 237,054
[1]	Balances include loans held for sale of $973 thousand at March 31, 2017 and $0 at June 30, 2016.

Note 4 - Transfers and Servic65

Note 4 - Transfers and Servicing of Financial Assets (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Servicing Asset at Amortized Cost	$ 2,846	$ 1,771
Contractually Specified Servicing Fees, Amount	988	649	$ 471
Commercial Portfolio Segment [Member]
Proceeds from Sale of Loans Receivable	18,300
Mortgage Loans [Member]
Proceeds from Sale of Loans Held-for-investment	74,700	89,100
Mortgage Servicing Rights [Member]
Proceeds from Sale of Mortgage Servicing Rights (MSR)	10,700	12,900
Servicing Asset at Amortized Cost	$ 7	17	37	$ 64
Assumption for Fair Value of Assets or Liabilities that relate to Transferor's Continuing Involvement, Discount Rate	7.30%
Assumption for Fair Value of Assets or Liabilities that relate to Transferor's Continuing Involvement, Prepayment Speed	14.50%
Commercial Loan [Member]
Proceeds from Sale of Mortgage Servicing Rights (MSR)	$ 25,200	35,900
SBA [Member]
Proceeds from Sale of Mortgage Servicing Rights (MSR)	144,400	80,800
Servicing Asset at Amortized Cost	2,839	1,754	$ 1,077	$ 236
Proceeds from Sale of Loans Held-for-investment	$ 53,800	$ 39,100
Assumption for Fair Value of Assets or Liabilities that relate to Transferor's Continuing Involvement, Prepayment Speed	7.90%
SBA [Member] | Minimum [Member]
Assumption for Fair Value of Assets or Liabilities that relate to Transferor's Continuing Involvement, Discount Rate	9.40%
SBA [Member] | Maximum [Member]
Assumption for Fair Value of Assets or Liabilities that relate to Transferor's Continuing Involvement, Discount Rate	13.60%

Note 4 - Transfers and Servic66

Note 4 - Transfers and Servicing of Financial Assets - Mortgage Servicing Activities (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Balance	$ 1,771
Balance	2,846	$ 1,771
Mortgage Servicing Rights [Member]
Balance	17	37	$ 64
Amortization	(10)	(20)	(27)
Balance	$ 7	$ 17	$ 37

Note 4 - Transfers and Servic67

Note 4 - Transfers and Servicing of Financial Assets - SBA Servicing Rights Activities (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Balance	$ 1,771
Balance	2,846	$ 1,771
SBA [Member]
Balance	1,754	1,077	$ 236
Additions	1,529	1,230	940
Disposals		(38)
Amortization	(224)	(52)	(80)
Impairment	(220)	(463)	(19)
Balance	$ 2,839	$ 1,754	$ 1,077

Note 5 - Premises and Equipme68

Note 5 - Premises and Equipment (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Depreciation, Depletion and Amortization	$ 1.4	$ 1.6	$ 1.7

Note 5 - Premises and Equipme69

Note 5 - Premises and Equipment - Premises and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Property, plant and equipment, gross	$ 15,796	$ 15,828
Less accumulated depreciation	8,859	8,027
Premises and equipment, net	6,937	7,801
Land [Member]
Property, plant and equipment, gross	$ 767	804
Building [Member]
Property, plant and equipment, useful life (Year)	39 years
Property, plant and equipment, gross	$ 1,755	1,760
Assets Held under Capital Leases [Member]
Property, plant and equipment, gross	1,850	1,850
Leaseholds and Leasehold Improvements [Member]
Property, plant and equipment, gross	$ 3,150	3,452
Leaseholds and Leasehold Improvements [Member] | Minimum [Member]
Property, plant and equipment, useful life (Year)	5 years
Leaseholds and Leasehold Improvements [Member] | Maximum [Member]
Property, plant and equipment, useful life (Year)	39 years
Furniture and Fixtures [Member]
Property, plant and equipment, gross	$ 8,274	$ 7,962
Furniture and Fixtures [Member] | Minimum [Member]
Property, plant and equipment, useful life (Year)	3 years
Furniture and Fixtures [Member] | Maximum [Member]
Property, plant and equipment, useful life (Year)	7 years

Note 6 - Intangible Assets (Det

Note 6 - Intangible Assets (Details Textual) - Core Deposits [Member]	12 Months Ended
	Jun. 30, 2017
Finite-Lived Intangible Asset, Useful Life	9 years 182 days
Finite-Lived Intangible Assets, Remaining Amortization Period	3 years

Note 6 - Intangible Assets - Ch

Note 6 - Intangible Assets - Changes in the Carrying Amount of the Core Deposit Intangible (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Amortization	$ (432)	$ (477)	$ (589)
Core Deposits [Member]
Balance	1,732	2,209	2,798
Amortization	(432)	(477)	(589)
Balance	$ 1,300	$ 1,732	$ 2,209

Note 6 - Intangible Assets - Co

Note 6 - Intangible Assets - Components of Core Deposit (Details) - Core Deposits [Member] - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
Gross carrying amount	$ 6,348	$ 6,348
Accumulated amortization	(5,048)	(4,616)
Total	$ 1,300	$ 1,732	$ 2,209	$ 2,798

Note 6 - Intangible Assets - An

Note 6 - Intangible Assets - Annual Amortization Expense Associated with the Core Deposit Intangible (Details) - Core Deposits [Member] - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015	Jun. 30, 2014
2,018	$ 433
2,019	433
2,020	434
Total	$ 1,300	$ 1,732	$ 2,209	$ 2,798

Note 7 - Deposits (Details Text

Note 7 - Deposits (Details Textual) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
Time Deposits, at or Above FDIC Insurance Limit	$ 0	$ 0

Note 7 - Deposits - Composition

Note 7 - Deposits - Composition of Deposits (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
Demand	$ 69,827	$ 66,686
NOW	71,247	71,148
Money market	374,569	275,437
Regular savings	37,170	36,070
Time certificates of less than $100 thousand	65,578	72,190
Time certificates of greater than or equal to $100 thousand	271,459	278,901
Total deposits	$ 889,850	$ 800,432

Note 7 - Deposits - Scheduled M

Note 7 - Deposits - Scheduled Maturities of Time Certificates by Fiscal Year (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
2,018	$ 219,901
2,019	74,646
2,020	23,540
2,021	7,464
Thereafter	11,486
Total	$ 337,037	$ 351,091

Note 8 - Borrowings (Details Te

Note 8 - Borrowings (Details Textual) $ in Thousands	12 Months Ended
	Jun. 30, 2017USD ($)
Debt Instrument, Term	15 years
Capital Leases Present Value of Payments as Percentage of Fair Value of Property	90.00%
Federal Home Loan Bank of Boston [Member]
Federal Home Loan Bank Advances Unpaid Principal Balance, Subject to Call Provisions	$ 0
Federal Home Loan Bank, Advances, General Debt Obligations, Amount of Available, Unused Funds	$ 67,900

Note 8 - Borrowings - Advances

Note 8 - Borrowings - Advances from FHLBB (Details) - USD ($) $ in Thousands		Jun. 30, 2017	Jun. 30, 2016
Unpaid Principal Balance, 2017			$ 25,000
Carrying Amount, 2017	[1]		$ 25,037
Weighted Average Interest Rate, 2017			2.10%
Unpaid Principal Balance, 2018		$ 20,000	$ 5,000
Carrying Amount, 2018	[1]	$ 20,011	$ 5,038
Weighted Average Interest Rate, 2018		1.94%	4.29%
Unpaid Principal Balance		$ 20,000	$ 30,000
Carrying Amount	[1]	$ 20,011	$ 30,075
Weighted Average [Member]
Weighted Average Interest Rate		1.94%	2.46%
[1]	The difference between the carrying amount and the unpaid principal balance is the result of purchase accounting. The premium or discount is being amortized or accreted as interest expense over the instrument’s contractual life.

Note 8 - Borrowings - Outstandi

Note 8 - Borrowings - Outstanding Capital Lease Obligations (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
2,018	$ 306
2,019	306
2,020	306
2,021	25
Total	943
Imputed interest	(70)
Capital lease obligation	$ 873	$ 1,128

Note 9 - Subordinated Debt (Det

Note 9 - Subordinated Debt (Details Textual) $ in Thousands, $ / shares in Millions	Jun. 29, 2016USD ($)	Jun. 30, 2017USD ($)$ / shares	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)	Mar. 31, 2015USD ($)	Oct. 31, 2014USD ($)
Subordinated Debt, Percentage of Redemption Price to Outstanding Principal	100.00%
Amortization of Debt Issuance Costs		$ 110
Derivative, Notional Amount		31,000	$ 31,000
Derivative, Cap Interest Rate
Subordinated Debt	$ 15,050	$ 23,620	$ 23,331
Subordinated Borrowing, Interest Rate	6.75%
Subordinated Debt, Percentage of Purchase Price to Face Value of Notes Issued	100.00%
Interest Rate Cap [Member] | Cash Flow Hedging [Member]
Derivative, Number of Instruments Held				2
Derivative, Notional Amount					$ 10,000	$ 6,000
Derivative, Remaining Maturity		5 years
NBN Capital Trusts [Member] | Interest Rate Cap [Member] | Cash Flow Hedging [Member]
Derivative, Cap Interest Rate		2.50%
Debt Instrument, Percentage Increase in Variable Rate Basis for Recognition of Higher Interest Expense		2.00%
Subordinated Debt [Member]
Amortization of Debt Issuance Costs		$ 110
Unamortized Debt Issuance Expense		$ 442
Debt Issuance Costs, Net	$ 552
London Interbank Offered Rate (LIBOR) [Member] | NBN Capital Trust III Debenture maturing March 30, 2034 [Member]
Debt Instrument, Basis Spread on Variable Rate		2.80%
London Interbank Offered Rate (LIBOR) [Member] | NBN Capital Trust IV Debenture maturing February 23, 2035 [Member]
Debt Instrument, Basis Spread on Variable Rate		1.89%
London Interbank Offered Rate (LIBOR) [Member] | Subordinated Debt [Member]
Debt Instrument, Basis Spread on Variable Rate	5.57%
London Interbank Offered Rate (LIBOR) [Member] | NBN Capital Trust II Debenture Maturing March 30, 2034 [Member]
Debt Instrument, Basis Spread on Variable Rate		2.80%
NBN Captial Trust III [Member]
Common Securities of Trust	$ 93
NBN Captial Trust III [Member] | Trust Preferred Securities Subject to Mandatory Redemption [Member]
Trust Preferred Securities, Interest Rate		3.45%
Trust Preferred Securities, Liquidation Amount | $ / shares		$ 1
NBN Captial Trust IV [Member]
Common Securities of Trust	310
NBN Captial Trust IV [Member] | Trust Preferred Securities Subject to Mandatory Redemption [Member]
Trust Preferred Securities, Interest Rate		2.54%
Trust Preferred Securities, Liquidation Amount | $ / shares		$ 1
NBN Capital Trust II [Member]
Common Securities of Trust	$ 93
NBN Capital Trust II [Member] | Trust Preferred Securities Subject to Mandatory Redemption [Member]
Trust Preferred Securities, Interest Rate		3.45%
Trust Preferred Securities, Liquidation Amount | $ / shares		$ 1

Note 9 - Subordinated Debt - Ju

Note 9 - Subordinated Debt - Junior Subordinated Debentures (Details) - Trust Preferred Securities Subject to Mandatory Redemption [Member] - USD ($) $ in Thousands		Jun. 30, 2017	Jun. 30, 2016
Unpaid Principal Balance of Private Trust Securities Issued		$ 16,496	$ 16,496
Carrying Amount of Junior Subordinated Debentures Issued to Affiliated Trusts	[1]	9,011	8,819
NBN Capital Trust II [Member]
Unpaid Principal Balance of Private Trust Securities Issued		3,093	3,093
Carrying Amount of Junior Subordinated Debentures Issued to Affiliated Trusts	[1]	1,901	1,868
NBN Captial Trust III [Member]
Unpaid Principal Balance of Private Trust Securities Issued		3,093	3,093
Carrying Amount of Junior Subordinated Debentures Issued to Affiliated Trusts	[1]	1,901	1,868
NBN Captial Trust IV [Member]
Unpaid Principal Balance of Private Trust Securities Issued		10,310	10,310
Carrying Amount of Junior Subordinated Debentures Issued to Affiliated Trusts	[1]	$ 5,209	$ 5,083
[1]	The difference between the carrying amount and the unpaid principal balance is the result of purchase accounting. The premium or discount is being amortized or accreted as interest expense over the instrument’s contractual life.

Note 10 - Capital and Regulat82

Note 10 - Capital and Regulatory Matters (Details Textual)	Jun. 30, 2017	Jun. 30, 2016
Tier One Leverage Capital Required for Capital Adequacy to Average Assets	4.00%	4.00%
Capital Required for Capital Adequacy to Risk Weighted Assets	8.00%	8.00%
Percentage of Loans Funded with Core Deposits	100.00%
Minimum [Member]
Tier One Leverage Capital Required for Capital Adequacy to Average Assets	10.00%
Capital Required for Capital Adequacy to Risk Weighted Assets	15.00%
Maximum [Member]
Purchased Loans as Percentage of Aggregate Loans	40.00%
Commercial Real Estate Loans Held as Percentage of Risk Based Capital	300.00%

Note 10 - Capital and Regulat83

Note 10 - Capital and Regulatory Matters - Regulatory Capital Ratios (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
Common equity tier 1 capital to risk weighted assets:
Common equity Tier 1 Capital	$ 123,442	$ 126,046
Common Equity Tier 1 Risk Based Capital to Risk Weighted Assets	16.00%	17.97%
Common Equity Tier 1 Risk Based Capital Required for Capital Adequacy	$ 34,714	$ 31,559
Common Equity Tier 1 Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	4.50%	4.50%
Common Equity Tier 1 Capital to Risk Weighted Assets With Capital Conservation Buffer	7.00%	7.00%
Total capital to risk weighted assets:
Capital	$ 150,269	$ 142,988
Capital to Risk Weighted Assets	19.48%	20.39%
Capital Required for Capital Adequacy	$ 61,715	$ 56,105
Capital Required for Capital Adequacy to Risk Weighted Assets	8.00%	8.00%
Capital to Risk Weighted Assets With Capital Conservation Buffer	10.50%	10.50%
Tier 1 capital to risk weighted assets:
Tier One Risk Based Capital	$ 131,958	$ 126,046
Tier One Risk Based Capital to Risk Weighted Assets	17.11%	17.97%
Tier One Risk Based Capital Required for Capital Adequacy	$ 46,286	$ 42,079
Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	6.00%	6.00%
Tier 1 Capital to Risk Weighted Assets With Capital Conservation Buffer	8.50%	8.50%
Tier One Leverage Capital Required for Capital Adequacy to Average Assets	4.00%	4.00%
Tier 1 Capital to Average Assets With Capital Conservation Buffer	4.00%	4.00%
Tier 1 capital to average assets:
Tier One Leverage Capital	$ 131,958	$ 126,046
Tier One Leverage Capital to Average Assets	12.81%	13.27%
Tier One Leverage Capital Required for Capital Adequacy	$ 41,215	$ 38,006
The Bank [Member]
Common equity tier 1 capital to risk weighted assets:
Common equity Tier 1 Capital	$ 138,744	$ 117,212
Common Equity Tier 1 Risk Based Capital to Risk Weighted Assets	17.98%	16.69%
Common Equity Tier 1 Risk Based Capital Required for Capital Adequacy	$ 34,727	$ 31,611
Common Equity Tier 1 Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	4.50%	4.50%
Common Equity Tier 1 Risk Based Capital Required to be Well Capitalized	$ 50,162	$ 45,660
Common Equity Tier 1 Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets	6.50%	6.50%
Common Equity Tier 1 Capital to Risk Weighted Assets With Capital Conservation Buffer	7.00%	7.00%
Total capital to risk weighted assets:
Capital	$ 142,447	$ 119,971
Capital to Risk Weighted Assets	18.46%	17.08%
Capital Required for Capital Adequacy	$ 61,737	$ 56,197
Capital Required for Capital Adequacy to Risk Weighted Assets	8.00%	8.00%
Capital Required to be Well Capitalized	$ 77,172	$ 70,246
Capital Required to be Well Capitalized to Risk Weighted Assets	10.00%	10.00%
Capital to Risk Weighted Assets With Capital Conservation Buffer	10.50%	10.50%
Tier 1 capital to risk weighted assets:
Tier One Risk Based Capital	$ 138,744	$ 117,212
Tier One Risk Based Capital to Risk Weighted Assets	17.98%	16.69%
Tier One Risk Based Capital Required for Capital Adequacy	$ 46,303	$ 42,148
Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	6.00%	6.00%
Tier One Risk Based Capital Required to be Well Capitalized	$ 61,737	$ 56,197
Tier One Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets	8.00%	8.00%
Tier 1 Capital to Risk Weighted Assets With Capital Conservation Buffer	8.50%	8.50%
Tier One Leverage Capital Required for Capital Adequacy to Average Assets	4.00%	4.00%
Tier One Leverage Capital Required to be Well Capitalized	$ 51,547	$ 47,528
Tier One Leverage Capital Required to be Well Capitalized to Average Assets	5.00%	5.00%
Tier 1 Capital to Average Assets With Capital Conservation Buffer	4.00%	4.00%
Tier 1 capital to average assets:
Tier One Leverage Capital	$ 138,744	$ 117,212
Tier One Leverage Capital to Average Assets	13.46%	12.33%
Tier One Leverage Capital Required for Capital Adequacy	$ 41,238	$ 38,022

Note 11 - Earnings Per Common84

Note 11 - Earnings Per Common Share ("EPS") - Number of Shared Outstanding for Basic and Diluted EPS (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended												12 Months Ended
	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Net income	$ 4,027	$ 3,461	$ 3,100	$ 1,751	$ 2,199	$ 1,809	$ 1,744	$ 1,867	$ 2,165	$ 1,752	$ 1,580	$ 1,644	$ 12,339	$ 7,619	$ 7,141
Basic (in shares)													8,898,448	9,474,999	9,980,733
Incremental shares from assumed exercise of dilutive securities (in shares)													54,166	9,636
Weighted average shares used in calculation of diluted earnings per share (in shares)													8,952,614	9,484,635	9,980,733
Basic (in dollars per share)	$ 0.46	$ 0.39	$ 0.35	$ 0.19	$ 0.24	$ 0.19	$ 0.18	$ 0.20	$ 0.22	$ 0.18	$ 0.16	$ 0.16	$ 1.39	$ 0.80	$ 0.72
Diluted (in dollars per share)	$ 0.45	$ 0.39	$ 0.35	$ 0.19	$ 0.24	$ 0.19	$ 0.18	$ 0.20	$ 0.22	$ 0.18	$ 0.16	$ 0.16	$ 1.38	$ 0.80	$ 0.72

Note 11 - Earnings Per Common85

Note 11 - Earnings Per Common Share ("EPS") - Average Anti-dilutive Options and Warrants (Details) - shares	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Employee Stock Option [Member]
Stock options (in shares)	642,641	714,545	1,059,721

Note 12 - Income Taxes (Details

Note 12 - Income Taxes (Details Textual) - USD ($) $ in Millions	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Provision for Loan Losses Expensed	$ 2
Percentage of Amount Actually Used for Purposes Other Than to Absorb Losses Subject to Taxation in Year in Which Used	150.00%
Percentage of Reserve for Loan Losses Recaptured	100.00%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	35.00%	34.00%	34.00%

Note 12 - Income Taxes - Curren

Note 12 - Income Taxes - Current and Deferred Components of Income Tax Expense (Details) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Current provision
Federal													$ 7,071	$ 1,544	$ 4,282
State													1,753	438	898
Total current provision													8,824	1,982	5,180
Deferred expense (benefit)
Federal													(792)	1,761	(901)
State													(233)	361	(284)
Total deferred (benefit) expense													(1,025)	2,122	(1,185)
Total tax provision	$ 2,867	$ 2,080	$ 1,839	$ 1,013	$ 1,212	$ 832	$ 960	$ 1,100	$ 1,185	$ 993	$ 893	$ 924	$ 7,799	$ 4,104	$ 3,995

Note 12 - Income Taxes - Reconc

Note 12 - Income Taxes - Reconciliation Between the Statutory Federal Income Tax Rate and the Effective Income Tax Rate (Details) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Expected income tax expense at federal tax rate													$ 7,048	$ 3,986	$ 3,786
State tax, net of federal tax benefit													988	527	379
Non-taxable BOLI income													(159)	(153)	(150)
Low-income housing tax credit, net of adoption of ASU 2014-01													(40)	(42)	(42)
Tax exempt interest income													(76)	(76)	(76)
Other													38	(138)	98
Total tax provision	$ 2,867	$ 2,080	$ 1,839	$ 1,013	$ 1,212	$ 832	$ 960	$ 1,100	$ 1,185	$ 993	$ 893	$ 924	$ 7,799	$ 4,104	$ 3,995

Note 12 - Income Taxes - Deferr

Note 12 - Income Taxes - Deferred Tax Assets (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
Deferred tax assets
Allowance for loan losses	$ 1,462	$ 899
Loan basis differential	1,242	1,322
Time deposit basis differential		2
Capital lease	348	431
Compensation and benefits	1,425	937
Stock-based compensation	1,651	1,314
Unrealized loss on derivatives	640	1,243
Unrealized loss on available for sale securities	360
Interest on nonperforming loans	418	313
Other	585	701
Gross deferred tax asset	8,131	7,162
Less: valuation allowance	0
Total deferred tax assets	8,131	7,162
Deferred tax liabilities
Unrealized gain on available for sale securities		75
Intangible assets	519	662
Prepaid expenses	385	300
Premises and equipment	926	1,239
Borrowings basis differential	2,943	2,863
Other	1,135	677
Total deferred tax liability	5,908	5,816
Net deferred tax asset	$ 2,223	$ 1,346

Note 12 - Income Taxes - Uncert

Note 12 - Income Taxes - Uncertain Tax Positions (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Balance, tax positions	$ 67	$ 109	$ 101
Reduction of tax positions for prior years, tax positions	(67)	(42)	0
Increase for prior year tax position, tax positions	0	0	8
Increase for current year tax position, tax positions	0	0	0
Balance, tax positions	0	67	109
Balance, interest and penalties	14	18	12
Reduction of tax positions for prior years, interest and penalties	(14)	(4)	0
Increase for prior year tax position, interest and penalties	0	0	6
Increase for current year tax position, interest and penalties	0	0	0
Balance, interest and penalties	0	14	18
Balance	81	127	113
Reduction of tax positions for prior years	(81)	(46)	0
Increase for prior year tax position	0	0	14
Increase for current year tax position	0	0	0
Balance	$ 0	$ 81	$ 127

Note 13 - Employee Benefit Pl91

Note 13 - Employee Benefit Plans (Details Textual) $ in Thousands	12 Months Ended
	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015USD ($)
Defined Contribution Plan Eligible Age for Participants Under Plan	18 years
Defined Contribution Plan Period of Service for Participants Under Plan	90 days
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent	100.00%
Defined Contribution Plan, Employer Match Employee Contribution	50.00%
Defined Contribution Plan, Employer Matching Contribution, Percent of Match	6.00%
Defined Contribution Plan, Cost	$ 355	$ 331	$ 315
Deferred Compensation Arrangement with Individual, Number of Senior Officers	5
Deferred Compensation Arrangement with Individual, Compensation Expense	$ 31	31	30
Deferred Compensation Arrangement with Individual, Recorded Liability	$ 540	$ 541	$ 512

Note 14 - Stock-based Compens92

Note 14 - Stock-based Compensation (Details Textual) $ / shares in Units, $ in Thousands

12 Months Ended

60 Months Ended

72 Months Ended

84 Months Ended

Dec. 29, 2017$ / shares

Dec. 28, 2017$ / shares

Jun. 30, 2017USD ($)shares

Dec. 29, 2016$ / shares

Dec. 28, 2016$ / shares

Jun. 30, 2016USD ($)shares

Jun. 30, 2015USD ($)

Jun. 30, 2013$ / sharesshares

Jun. 30, 2012shares

Dec. 29, 2015$ / shares

Dec. 28, 2015$ / shares

Dec. 29, 2016$ / shares

Dec. 28, 2016$ / shares

Dec. 29, 2017$ / shares

Dec. 28, 2017$ / shares

Allocated Share-based Compensation Expense | $

$ 945

$ 613

$ 705

Employee Service Share-based Compensation, Tax Benefit from Compensation Expense | $

$ 366

$ 215

$ 253

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

0

0

Stock Options with Market-based Conditions [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Options Applicable Hurdle Price | $ / shares

$ 13.93

Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross

237,616

Share-based Compensation Arrangement by Share-based Payment Award Number of Employees to Whom Options Granted

3

Stock Options with Market-based Conditions [Member] | Share-based Compensation Award, Tranche One [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Options Applicable Hurdle Price | $ / shares

$ 31.34

$ 18.58

$ 27.86

$ 16.43

Stock Options with Market-based Conditions [Member] | Share-based Compensation Award, Tranche One [Member] | Scenario, Forecast [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Options Applicable Hurdle Price | $ / shares

$ 34.83

$ 20.77

Stock Options with Market-based Conditions [Member] | Share-based Compensation Award, Tranche Two [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Options Applicable Hurdle Price | $ / shares

$ 31.34

$ 18.58

Stock Options with Market-based Conditions [Member] | Share-based Compensation Award, Tranche Two [Member] | Scenario, Forecast [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Options Applicable Hurdle Price | $ / shares

$ 34.83

$ 20.77

Stock Options with Market-based Conditions [Member] | Share-based Compensation Award, Tranche Three [Member] | Scenario, Forecast [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Options Applicable Hurdle Price | $ / shares

$ 34.83

$ 20.77

Restricted Stock [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

170,000

Restricted Stock [Member] | Vest In Full By August 25, 2019 [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

15,000

Restricted Stock [Member] | Performance-Based Vesting Over Three Years [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Vesting Threshold, ROE, Percentage of Targeted Returns

70.00%

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

50,000

Restricted Stock [Member] | Vests In Three Equal Installments After August 25, 2019 [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

95,000

Restricted Stock [Member] | Vests In Three Equal Installments After May 26, 2020 [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period

10,000

Stock Appreciation Rights (SARs) [Member]

Allocated Share-based Compensation Expense | $

$ 48

$ 48

Restated Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Number of Additional Shares Authorized

600,000

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized

1,410,054

2010 Plan [Member]

Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized

810,054

Note 14 - Stock-based Compens93

Note 14 - Stock-based Compensation - Stock Option Activity (Details) - $ / shares	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2017
Outstanding at beginning of year (in shares)	963,603
Outstanding at beginning of year, weighted average exercise price (in dollars per share)	$ 12.83
Exercisable (in shares)	506,911	466,385	506,911
Exercisable, weighted average exercise price (in dollars per share)			$ 12.46
Exercisable, beginning of year (in shares)	466,385
Exercisable, beginning of year, weighted average exercise price (in dollars per share)	$ 3.48
Vested (in shares)	99,930
Vested, weighted average exercise price (in dollars per share)	$ 2.40
Granted (in shares)	0	0
Granted, weighted average exercise price (in dollars per share)
Exercised (in shares)	(59,404)
Exercised, weighted average exercise price (in dollars per share)	$ 13.93
Exercisable, end of year, weighted average exercise price (in dollars per share)	3.18	$ 3.48
Outstanding at end of year, weighted average exercise price (in dollars per share)	$ 12.81	$ 12.83
Forfeited (in shares)	(13,333)
Forfeited, weighted average exercise price (in dollars per share)	$ 9.30
Outstanding at end of year (in shares)	890,866	963,603
Exercised, weighted average exercise price (in dollars per share)	$ 3.85
Forfeited or expired (in shares)
Forfeited or expired, weighted average exercise price (in dollars per share)
Exercisable, end of year (in shares)	506,911	466,385

Note 14 - Stock-based Compens94

Note 14 - Stock-based Compensation - Fair Value Assumptions (Details) - Hull-White Option Pricing Model [Member]	12 Months Ended
	Jun. 30, 2017$ / shares
Dividend yield	3.72%
Expected life (in years) (Year)	7 years 292 days
Incremental weighted average fair value per option (in dollars per share)	$ 0.52
Minimum [Member]
Expected volatility	28.45%
Risk-free interest rate	0.07%
Maximum [Member]
Expected volatility	32.84%
Risk-free interest rate	1.54%

Note 14 - Stock-based Compens95

Note 14 - Stock-based Compensation - Stock Options Outstanding (Details)	12 Months Ended
	Jun. 30, 2017USD ($)$ / sharesshares
Number of options exercisable (in shares) | shares	506,911
Weighted average remaining life of options exercisable (Year)	3 years 270 days
Aggregate intrinsic value of options exercisable | $	$ 3,999
Weighted average exercise price of options outstanding (in dollars per share) | $ / shares	$ 12.81
Number of options outstanding (in shares) | shares	890,866
Weighted average remaining life of options outstanding (Year)	3 years 270 days
Aggregate intrinsic value of options outstanding | $	$ 6,713
Weighted average exercise price of options exercisable (in dollars per share) | $ / shares	$ 12.46
Range One [Member]
Number of options exercisable (in shares) | shares	6,667
Weighted average remaining life of options exercisable (Year)	14 days
Aggregate intrinsic value of options exercisable | $	$ 74
Weighted average exercise price of options outstanding (in dollars per share) | $ / shares	$ 9.30
Number of options outstanding (in shares) | shares	6,667
Weighted average remaining life of options outstanding (Year)	14 days
Aggregate intrinsic value of options outstanding | $	$ 74
Weighted average exercise price of options exercisable (in dollars per share) | $ / shares	$ 9.30
Range Two [Member]
Number of options exercisable (in shares) | shares	130,666
Weighted average remaining life of options exercisable (Year)	5 years 215 days
Aggregate intrinsic value of options exercisable | $	$ 1,433
Weighted average exercise price of options outstanding (in dollars per share) | $ / shares	$ 9.38
Number of options outstanding (in shares) | shares	195,999
Weighted average remaining life of options outstanding (Year)	5 years 215 days
Aggregate intrinsic value of options outstanding | $	$ 2,150
Weighted average exercise price of options exercisable (in dollars per share) | $ / shares	$ 9.38
Range Three [Member]
Number of options exercisable (in shares) | shares	33,059
Weighted average remaining life of options exercisable (Year)	1 year 182 days
Aggregate intrinsic value of options exercisable | $	$ 363
Weighted average exercise price of options outstanding (in dollars per share) | $ / shares	$ 9.38
Number of options outstanding (in shares) | shares	33,059
Weighted average remaining life of options outstanding (Year)	1 year 182 days
Aggregate intrinsic value of options outstanding | $	$ 363
Weighted average exercise price of options exercisable (in dollars per share) | $ / shares	$ 9.38
Range Four [Member]
Number of options exercisable (in shares) | shares	12,500
Weighted average remaining life of options exercisable (Year)	4 years 211 days
Aggregate intrinsic value of options exercisable | $	$ 97
Weighted average exercise price of options outstanding (in dollars per share) | $ / shares	$ 12.63
Number of options outstanding (in shares) | shares	12,500
Weighted average remaining life of options outstanding (Year)	4 years 211 days
Aggregate intrinsic value of options outstanding | $	$ 96
Weighted average exercise price of options exercisable (in dollars per share) | $ / shares	$ 12.63
Range Five [Member]
Number of options exercisable (in shares) | shares	243,015
Weighted average remaining life of options exercisable (Year)	3 years 182 days
Aggregate intrinsic value of options exercisable | $	$ 1,560
Weighted average exercise price of options outstanding (in dollars per share) | $ / shares	$ 13.93
Number of options outstanding (in shares) | shares	480,631
Weighted average remaining life of options outstanding (Year)	3 years 182 days
Aggregate intrinsic value of options outstanding | $	$ 3,086
Weighted average exercise price of options exercisable (in dollars per share) | $ / shares	$ 13.93
Range Six [Member]
Number of options exercisable (in shares) | shares	81,004
Weighted average remaining life of options exercisable (Year)	2 years 266 days
Aggregate intrinsic value of options exercisable | $	$ 472
Weighted average exercise price of options outstanding (in dollars per share) | $ / shares	$ 14.52
Number of options outstanding (in shares) | shares	162,010
Weighted average remaining life of options outstanding (Year)	2 years 266 days
Aggregate intrinsic value of options outstanding | $	$ 944
Weighted average exercise price of options exercisable (in dollars per share) | $ / shares	$ 14.52

Note 14 - Stock-based Compens96

Note 14 - Stock-based Compensation - Summary of Restricted Stock Activity (Details) - Restricted Stock [Member]	12 Months Ended
	Jun. 30, 2017$ / sharesshares
Unvested at beginning of period (in shares) | shares	251,859
Unvested at beginning of period, weighted average grant date fair value (in dollars per share) | $ / shares	$ 9.93
Granted (in shares) | shares	170,000
Granted, weighted average grant date fair value (in dollars per share) | $ / shares	$ 11.71
Vested (in shares) | shares	(9,473)
Vested, weighted average grant date fair value (in dollars per share) | $ / shares	$ 9.33
Forfeited (in shares) | shares	(16,956)
Forfeited, weighted average grant date fair value (in dollars per share) | $ / shares	$ 10.33
Unvested at end of period (in shares) | shares	395,430
Unvested at end of period, weighted average grant date fair value (in dollars per share) | $ / shares	$ 10.69

Note 14 - Stock-based Compens97

Note 14 - Stock-based Compensation - Pre-tax Stock-based Compensation Expense (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2017USD ($)
Project expense, total	$ 2,824
Project expense, year ended June 30, 2018	996
Project expense, year ended June 30, 2019	921
Project expense, year ended June 30, 2020	547
Project expense, year ended June 30, 2021	290
Project expense, year ended June 30, 2022	70
Employee Stock Option [Member]
Project expense, total	41
Project expense, year ended June 30, 2018	41
Project expense, year ended June 30, 2019
Project expense, year ended June 30, 2020
Project expense, year ended June 30, 2021
Project expense, year ended June 30, 2022
Restricted Stock [Member]
Project expense, total	2,783
Project expense, year ended June 30, 2018	955
Project expense, year ended June 30, 2019	921
Project expense, year ended June 30, 2020	547
Project expense, year ended June 30, 2021	290
Project expense, year ended June 30, 2022	$ 70

Note 15 - Commitments, Contin98

Note 15 - Commitments, Contingent Liabilities and Other Off-balance Sheet Risks (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Loss Contingency, Estimate of Possible Loss	$ 39	$ 81
Debt Instrument, Term	15 years
Operating Leases, Rent Expense	$ 1,200	1,200	$ 1,200
Maximum [Member] | Letter of Credit [Member]
Debt Instrument, Term	1 year
Standby Letters of Credit Risk [Member]
Fair Value Disclosure, Off-balance Sheet Risks, Face Amount, Liability	$ 3,400	3,822
CRA Qualified Investment [Member]
Off-balance Sheet Liability, Funds Called	1,500
Fair Value Disclosure, Off-balance Sheet Risks, Face Amount, Liability	$ 1,000	$ 2,500

Note 15 - Commitments, Contin99

Note 15 - Commitments, Contingent Liabilities and Other Off-balance Sheet Risks - Financial Instruments With Contract Amounts That Represent Credit Risk (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
Commitments to Originate Loans [Member]
Financial instruments which represent credit risks	$ 15,244	$ 44,684
Unfunded Commitments Under Lines of Credit [Member]
Financial instruments which represent credit risks	31,858	58,412
Standby Letters of Credit Risk [Member]
Financial instruments which represent credit risks	3,400	3,822
CRA Qualified Investment [Member]
Financial instruments which represent credit risks	$ 1,000	$ 2,500

Note 15 - Commitments, Conti100

Note 15 - Commitments, Contingent Liabilities and Other Off-balance Sheet Risks - Future Minimum Lease Payments (Details) $ in Thousands	Jun. 30, 2017USD ($)
2,018	$ 1,263
2,019	1,294
2,020	1,244
2,021	1,231
2,022	1,255
Thereafter	2,041
Total	$ 8,328

Note 16 - Other Comprehensiv101

Note 16 - Other Comprehensive Income (Loss) - Components of Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Change in net unrealized gain or loss on available-for-sale securities, after-tax amount	$ (711)	$ 640	$ 326
Change in accumulated gain (loss) on effective cash flow hedges	1,550	(2,032)	(529)
Change in accumulated gain (loss) on effective cash flow hedges, tax expense (benefit)	592	(776)	(228)
Change in accumulated gain (loss) on effective cash flow hedges, after-tax amount	958	(1,256)	(301)
Reclassification adjustments included in net income	43	(3)	(49)
Reclassification adjustment included in net income, tax expense (benefit)	16	(1)	(19)
Reclassification adjustment included in net income, after tax amount	27	(2)	(30)
Total derivatives and hedging activities, pre tax	1,593	(2,035)	(578)
Total derivatives and hedging activities, tax expense (benefit)	608	(777)	(247)
Total derivatives and hedging activities, after-tax amount	985	(1,258)	(331)
Total other comprehensive income (loss), pre tax	448	(1,002)	(136)
Total other comprehensive income (loss), tax expense (benefit)	174	(384)	(131)
Total other comprehensive income (loss), after tax amount	274	(618)	(5)
Change in net unrealized (loss) gain on available-for-sale securities	(1,145)	1,033	442
Change in net unrealized gain or loss on available-for-sale securities, tax expense (benefit)	$ (434)	$ 393	$ 116

Note 16 - Other Comprehensiv102

Note 16 - Other Comprehensive Income (Loss) - Components of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Net-of-tax amount	$ (1,632)	$ (1,906)	$ (1,288)
Accumulated other comprehensive loss	(1,632)	(1,906)	(1,288)
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]
Unrealized (loss) gain on available-for-sale securities	(948)	197	(836)
Unrealized loss on available-for-sale securities, tax effect	360	(75)	318
Net-of-tax amount	(588)	122	(518)
Accumulated other comprehensive loss	(588)	122	(518)
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Unrealized (loss) gain on available-for-sale securities	(1,683)	(3,276)	(1,242)
Unrealized loss on available-for-sale securities, tax effect	639	1,248	472
Net-of-tax amount	(1,044)	(2,028)	(770)
Accumulated other comprehensive loss	$ (1,044)	$ (2,028)	$ (770)

Note 17 - Derivatives (Details

Note 17 - Derivatives (Details Textual) xbrli-pure in Thousands, $ in Millions	12 Months Ended
	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)	Jun. 30, 2015
Derivative, Collateral, Right to Reclaim Cash	$ 1.7	$ 3.1
Interest Rate Cap [Member]
Derivative, Number of Contracts Terminated Prior to Maturity	0	0	0
Interest Rate Swap [Member]
Derivative, Number of Contracts Terminated Prior to Maturity	0	0	0

Note 17 - Derivatives and Hedgi

Note 17 - Derivatives and Hedging Activities - Interest Rate Caps and Swap Agreements Used to Hedge Variable Rate Debt (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Pay Rate
Strike Rate
Unrealized Loss	$ (1,683)	$ (3,276)
Unrealized Loss	1,683	3,276
Fair Value	(1,337)	(2,882)
Notional Amount	$ 31,000	$ 31,000
Index
Receive Rate
Interest Rate Swaps Terminating in July 2033 [Member] | Other Liabilities [Member]
Pay Rate	3.38%	3.38%
Unrealized Loss	$ (666)	$ (1,352)
Unrealized Loss	666	1,352
Fair Value	(666)	(1,352)
Notional Amount	$ 5,000	$ 5,000
Index	3 Mo. LIBOR	3 Mo. LIBOR
Receive Rate	1.30%	0.65%
Interest Rate Swaps Terminating in July 2028 [Member] | Other Liabilities [Member]
Pay Rate	3.23%	3.23%
Unrealized Loss	$ (471)	$ (1,005)
Unrealized Loss	471	1,005
Fair Value	(471)	(1,005)
Notional Amount	$ 5,000	$ 5,000
Index	3 Mo. LIBOR	3 Mo. LIBOR
Receive Rate	1.30%	0.65%
Interest Rate Swaps Terminating in July 2023 [Member] | Other Liabilities [Member]
Pay Rate	2.77%	2.77%
Unrealized Loss	$ (218)	$ (560)
Unrealized Loss	218	560
Fair Value	(218)	(560)
Notional Amount	$ 5,000	$ 5,000
Index	3 Mo. LIBOR	3 Mo. LIBOR
Receive Rate	1.30%	0.65%
Interest Rate Caps Terminating in September 2019 [Member] | Other Assets [Member]
Strike Rate	2.50%	2.50%
Unrealized Loss	$ (142)	$ (167)
Unrealized Loss	142	167
Fair Value	4	10
Notional Amount	$ 6,000	$ 6,000
Index	3 Mo. LIBOR	3 Mo. LIBOR
Interest Rate Caps Terminating in February 2020 [Member] | Other Assets [Member]
Strike Rate	2.50%	2.50%
Unrealized Loss	$ (186)	$ (192)
Unrealized Loss	186	192
Fair Value	14	25
Notional Amount	$ 10,000	$ 10,000
Index	3 Mo. LIBOR	3 Mo. LIBOR

Note 17 - Derivatives - Amounts

Note 17 - Derivatives - Amounts Recognized in Income Related to Both Hedge Ineffectiveness and Amounts Excluded from Effectiveness Testing (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Interest income (expense) on hedge ineffectiveness and excluded from effectiveness testing	$ (43)	$ 3	$ 49
Interest Rate Cap [Member]
Interest income (expense) on hedge ineffectiveness and excluded from effectiveness testing	(43)	3	(15)
Interest Rate Swap [Member]
Interest income (expense) on hedge ineffectiveness and excluded from effectiveness testing			$ 64

Note 18 - Fair Value Measure106

Note 18 - Fair Value Measurements (Details Textual)	12 Months Ended
	Jun. 30, 2017
Market Approach Valuation Technique [Member] | Minimum [Member]
Fair Value Inputs, Underlying Collateral On Impaired Loans	6.00%
Market Approach Valuation Technique [Member] | Maximum [Member]
Fair Value Inputs, Underlying Collateral On Impaired Loans	71.00%
Income Approach Valuation Technique [Member] | Minimum [Member]
Fair Value Inputs, Prepayment Rate	3.80%
Fair Value Inputs, Discount Rate	6.30%
Income Approach Valuation Technique [Member] | Maximum [Member]
Fair Value Inputs, Prepayment Rate	14.50%
Fair Value Inputs, Discount Rate	13.60%

Note 18 - Fair Value Measure107

Note 18 - Fair Value Measurements - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands		Jun. 30, 2017	Jun. 30, 2016
Interest rate swaps		$ 1,337	$ 2,882
Available-for-sale securities, at fair value		96,693	100,572
US Government Agencies Debt Securities [Member]
Available-for-sale securities, at fair value		57,168	52,046
Collateralized Mortgage Backed Securities [Member]
Available-for-sale securities, at fair value		32,903	43,368
Fair Value, Measurements, Recurring [Member] | Interest Rate Cap [Member]
Interest rate caps		18	35
Fair Value, Measurements, Recurring [Member] | Interest Rate Swap [Member]
Interest rate swaps		1,355	2,917
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Interest Rate Cap [Member]
Interest rate caps
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Interest Rate Swap [Member]
Interest rate swaps
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Rate Cap [Member]
Interest rate caps		18	35
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Rate Swap [Member]
Interest rate swaps		1,355	2,917
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Interest Rate Cap [Member]
Interest rate caps
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Interest Rate Swap [Member]
Interest rate swaps
Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member]
Available-for-sale securities, at fair value		57,168	52,046
Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities, at fair value
Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities, at fair value		57,168	52,046
Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities, at fair value
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Backed Securities [Member]
Available-for-sale securities, at fair value		32,903	43,368
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities, at fair value
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities, at fair value		32,903	43,368
Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities, at fair value
Fair Value, Measurements, Recurring [Member] | Other Investments Measured at Net Asset Value [Member]
Available-for-sale securities, at fair value	[1]	6,622	5,158
Fair Value, Measurements, Recurring [Member] | Other Investments Measured at Net Asset Value [Member] | Fair Value, Inputs, Level 1 [Member]
Available-for-sale securities, at fair value	[1]
Fair Value, Measurements, Recurring [Member] | Other Investments Measured at Net Asset Value [Member] | Fair Value, Inputs, Level 2 [Member]
Available-for-sale securities, at fair value	[1]
Fair Value, Measurements, Recurring [Member] | Other Investments Measured at Net Asset Value [Member] | Fair Value, Inputs, Level 3 [Member]
Available-for-sale securities, at fair value	[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 amount presented in the table is intended to permit reconciliation of the fair value amount to the consolidated financial statements.

Note 18 - Fair Value Measure108

Note 18 - Fair Value Measurements - Assets Measured at Fair Value on a Nonrecurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Jun. 30, 2016
Real estate owned and other repossessed collateral, net	$ 826	$ 1,652
Collateral dependent impaired loans	23,831	14,287
Fair Value, Measurements, Nonrecurring [Member]
Real estate owned and other repossessed collateral, net	826	1,652
Loan servicing rights	2,846	1,771
Collateral dependent impaired loans	1,011	922
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member]
Real estate owned and other repossessed collateral, net
Loan servicing rights
Collateral dependent impaired loans
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Real estate owned and other repossessed collateral, net
Loan servicing rights
Collateral dependent impaired loans
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Real estate owned and other repossessed collateral, net	826	1,652
Loan servicing rights	2,846	1,771
Collateral dependent impaired loans	$ 1,011	$ 922

Note 18 - Fair Value Measure109

Note 18 - Fair Value Measurements - Quantitative Information (Details) - USD ($) $ in Thousands		Jun. 30, 2017	Jun. 30, 2016
Market Approach Valuation Technique [Member] | Collateral Dependent Impaired Loans [Member]
Assets measured at fair value on a nonrecurring basis	[1]	$ 1,011	$ 922
Market Approach Valuation Technique [Member] | Real Estate Owned and Other Repossessed Collateral [Member]
Assets measured at fair value on a nonrecurring basis	[1]	826	1,652
Income Approach Valuation Technique [Member] | Loan Servicing Rights [Member]
Assets measured at fair value on a nonrecurring basis	[2]	$ 2,846	$ 1,771
[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 6% to 71%.
[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 3.8% to 14.5%. For discount rates, the range was 6.3% to 13.6%.

Note 18 - Fair Value Measure110

Note 18 - Fair Value Measurements - Estimated Fair Value of the Company's Financial Instruments (Details) - USD ($) $ in Thousands		Jun. 30, 2017	Jun. 30, 2016
Financial assets:
Available-for-sale securities, at fair value		$ 96,693	$ 100,572
Financial liabilities:
Interest rate swaps		1,337	2,882
Reported Value Measurement [Member]
Financial assets:
Accrued interest receivable		2,111	1,579
Cash and cash equivalents		163,283	151,157
Available-for-sale securities, at fair value		90,071	95,414
Other investments measured at net asset value(1)	[1]	6,622	5,158
Federal Home Loan Bank stock		1,938	2,408
Loans held for sale		4,699	7,519
Loans, net		775,530	690,086
Financial liabilities:
Federal Home Loan Bank advances		20,011	30,075
Capital lease obligation		873	1,128
Subordinated debt		23,620	23,331
Deposits		889,850	800,432
Reported Value Measurement [Member] | Interest Rate Cap [Member]
Financial assets:
Interest rate caps		18	35
Reported Value Measurement [Member] | Interest Rate Swap [Member]
Financial liabilities:
Interest rate swaps		1,355	2,917
Estimate of Fair Value Measurement [Member]
Financial assets:
Accrued interest receivable		2,111	1,579
Cash and cash equivalents		163,283	151,157
Available-for-sale securities, at fair value		90,071	95,414
Other investments measured at net asset value(1)	[1]	6,622	5,158
Federal Home Loan Bank stock		1,938	2,408
Loans held for sale		4,699	7,519
Loans, net		776,579	695,830
Financial liabilities:
Federal Home Loan Bank advances		20,057	30,396
Capital lease obligation		918	1,219
Subordinated debt		25,677	25,664
Deposits		889,877	801,045
Estimate of Fair Value Measurement [Member] | Interest Rate Cap [Member]
Financial assets:
Interest rate caps		18	35
Estimate of Fair Value Measurement [Member] | Interest Rate Swap [Member]
Financial liabilities:
Interest rate swaps		1,355	2,917
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Financial assets:
Accrued interest receivable
Cash and cash equivalents		163,283	151,157
Available-for-sale securities, at fair value
Other investments measured at net asset value(1)	[1]
Federal Home Loan Bank stock
Loans held for sale
Loans, net
Financial liabilities:
Federal Home Loan Bank advances
Capital lease obligation
Subordinated debt
Deposits
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | Interest Rate Cap [Member]
Financial assets:
Interest rate caps
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | Interest Rate Swap [Member]
Financial liabilities:
Interest rate swaps
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Financial assets:
Accrued interest receivable		2,111	1,579
Cash and cash equivalents
Available-for-sale securities, at fair value		90,071	95,414
Other investments measured at net asset value(1)	[1]
Federal Home Loan Bank stock		1,938	2,408
Loans held for sale		4,699	7,519
Loans, net
Financial liabilities:
Federal Home Loan Bank advances		20,057	30,396
Capital lease obligation		918	1,219
Subordinated debt
Deposits		889,877	801,045
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Rate Cap [Member]
Financial assets:
Interest rate caps		18	35
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Rate Swap [Member]
Financial liabilities:
Interest rate swaps		1,355	2,917
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Financial assets:
Accrued interest receivable
Cash and cash equivalents
Available-for-sale securities, at fair value
Other investments measured at net asset value(1)	[1]
Federal Home Loan Bank stock
Loans held for sale
Loans, net		776,579	695,830
Financial liabilities:
Federal Home Loan Bank advances
Capital lease obligation
Subordinated debt		25,677	25,664
Deposits
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | Interest Rate Cap [Member]
Financial assets:
Interest rate caps
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | Interest Rate Swap [Member]
Financial liabilities:
Interest rate swaps
[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 amount presented in the table is intended to permit reconciliation of the fair value amount to the consolidated financial statements.

Note 19 - Condensed Parent I111

Note 19 - Condensed Parent Information - Balance Sheets (Details) - USD ($)	Jun. 30, 2017	Jun. 30, 2016	Jun. 29, 2016	Jun. 30, 2015	Jun. 30, 2014
Assets
Other assets	$ 6,643,000	$ 5,730,000
Total assets	1,076,874,000	986,153,000
Liabilities and Shareholders' Equity
Subordinated debt	23,620,000	23,331,000	$ 15,050,000
Other liabilities	19,723,000	14,596,000
Total liabilities	954,077,000	869,562,000
Shareholders’ equity	122,797,000	116,591,000		$ 112,727,000	$ 111,954,000
Total liabilities and shareholders’ equity	1,076,874,000	986,153,000
Parent Company [Member]
Assets
Cash	8,165,000	24,528,000		$ 13,251,000	$ 19,547,000
Investment in subsidiary	138,920,000	117,228,000
Investment in common securities of affiliated trusts	496,000	496,000
Other assets	193,000	226,000
Total assets	147,774,000	142,478,000
Liabilities and Shareholders' Equity
Subordinated debt	23,620,000	23,331,000
Other liabilities	1,357,000	2,556,000
Total liabilities	24,977,000	25,887,000
Shareholders’ equity	122,797,000	116,591,000
Total liabilities and shareholders’ equity	$ 147,774,000	$ 142,478,000

Note 19 - Condensed Parent I112

Note 19 - Condensed Parent Information - Statements of Income (Details) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Interest and dividend income:
Other income													$ 1,046	$ 456	$ 292
Expenses:
Interest expense													1,888	651	718
Non-interest expense	$ 9,364	$ 8,842	$ 8,956	$ 8,626	$ 9,396	$ 8,412	$ 8,196	$ 7,810	$ 8,827	$ 7,885	$ 8,210	$ 7,737	35,789	33,812	32,604
Income tax expense	2,867	2,080	1,839	1,013	1,212	832	960	1,100	1,185	993	893	924	7,799	4,104	3,995
Net income	$ 4,027	$ 3,461	$ 3,100	$ 1,751	$ 2,199	$ 1,809	$ 1,744	$ 1,867	$ 2,165	$ 1,752	$ 1,580	$ 1,644	12,339	7,619	7,141
Parent Company [Member]
Interest and dividend income:
Other income													563	62	14
Expenses:
Interest expense													1,888	651	718
Non-interest expense													1,324	954	1,128
Total expense													3,212	1,605	1,846
Loss before income tax benefit and equity in undistributed net income of subsidiary													(2,649)	(1,543)	(1,832)
Income tax expense													(1,548)	(579)	(684)
Loss before equity in undistributed net income of subsidiary													(1,101)	(964)	(1,148)
Equity in undistributed net income of subsidiary													13,440	8,583	8,289
Net income													$ 12,339	$ 7,619	$ 7,141

Note 19 - Condensed Parent I113

Note 19 - Condensed Parent Information - Statements of Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Net income	$ 4,027	$ 3,461	$ 3,100	$ 1,751	$ 2,199	$ 1,809	$ 1,744	$ 1,867	$ 2,165	$ 1,752	$ 1,580	$ 1,644	$ 12,339	$ 7,619	$ 7,141
Stock-based compensation													945	613	705
Issuance of subordinated debt, net of debt issuance costs														14,512
Taxes paid for retirement of common stock													52	11
Repurchase of common stock													(6,943)	(3,359)	(6,666)
Parent Company [Member]
Net income													12,339	7,619	7,141
Amortization of fair value adjustment for borrowings													289	193	186
Stock-based compensation													945	613	705
Undistributed earnings of subsidiary													(13,440)	(8,583)	(8,289)
(Decrease) increase in other assets and liabilities													(1,144)	673	1,029
Net cash (used in) provided by operating activities													(1,011)	515	772
Increase in investment of bank subsidiary
Net cash used in investing activities
Capital contribution													(8,000)
Issuance of subordinated debt, net of debt issuance costs														14,512
Taxes paid for retirement of common stock													(52)	(11)
Repurchase of common stock													(6,943)	(3,359)	(6,666)
Dividends paid to shareholders													(357)	(380)	(402)
Net cash (used in) provided by financing activities													(15,352)	10,762	(7,068)
Net (decrease) increase in cash													(16,363)	11,277	(6,296)
Cash, beginning of year				$ 24,528				$ 13,251				$ 19,547	24,528	13,251	19,547
Cash, end of year	$ 8,165				$ 24,528				$ 13,251				$ 8,165	$ 24,528	$ 13,251

Note 20 - Quarterly Results 114

Note 20 - Quarterly Results of Operations (Unaudited) - Quarterly Financial Information (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended												12 Months Ended
	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Net interest income	$ 13,757	$ 12,459	$ 11,833	$ 9,775	$ 10,713	$ 9,254	$ 10,172	$ 9,241	$ 9,350	$ 9,120	$ 9,426	$ 9,471	$ 47,825	$ 39,380	$ 37,368
Provision for loan losses	389	384	628	193	317	236	896	169	240	44	113	320	1,594	1,618	717
Net interest income after provision for loan losses	13,368	12,075	11,205	9,582	10,396	9,018	9,276	9,072	9,110	9,076	9,313	9,151	46,231	37,762	36,651
Non-interest income	2,890	2,308	2,690	1,808	2,411	2,035	1,624	1,705	3,067	1,554	1,370	1,154	9,696	7,773	7,089
Non-interest expense	9,364	8,842	8,956	8,626	9,396	8,412	8,196	7,810	8,827	7,885	8,210	7,737	35,789	33,812	32,604
Income before income tax expense	6,894	5,541	4,939	2,764	3,411	2,641	2,704	2,967	3,350	2,745	2,473	2,568	20,138	11,723	11,136
Income tax expense	2,867	2,080	1,839	1,013	1,212	832	960	1,100	1,185	993	893	924	7,799	4,104	3,995
Net income	$ 4,027	$ 3,461	$ 3,100	$ 1,751	$ 2,199	$ 1,809	$ 1,744	$ 1,867	$ 2,165	$ 1,752	$ 1,580	$ 1,644	$ 12,339	$ 7,619	$ 7,141
Basic earnings per share (in dollars per share)	$ 0.46	$ 0.39	$ 0.35	$ 0.19	$ 0.24	$ 0.19	$ 0.18	$ 0.20	$ 0.22	$ 0.18	$ 0.16	$ 0.16	$ 1.39	$ 0.80	$ 0.72
Diluted earnings per share (in dollars per share)	$ 0.45	$ 0.39	$ 0.35	$ 0.19	$ 0.24	$ 0.19	$ 0.18	$ 0.20	$ 0.22	$ 0.18	$ 0.16	$ 0.16	$ 1.38	$ 0.80	$ 0.72
Interest and dividend income	$ 16,371	$ 14,960	$ 14,332	$ 12,257	$ 12,828	$ 11,259	$ 12,035	$ 11,113	$ 11,185	$ 10,913	$ 11,259	$ 11,232	$ 57,921	$ 47,235	$ 44,588
Interest expense	$ 2,614	$ 2,501	$ 2,499	$ 2,482	$ 2,115	$ 2,005	$ 1,863	$ 1,872	$ 1,835	$ 1,793	$ 1,833	$ 1,761	$ 10,096	$ 7,855	$ 7,220