Northeast Bank (NBN) 10-Q 9 Nov 17 2018 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Sep. 30, 2017	Nov. 02, 2017
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
Document Type	10-Q
Document Period End Date	Sep. 30, 2017
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1
Amendment Flag	false
Nonvoting Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		996,823
Voting Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		7,930,565

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Assets
Cash and due from banks	$ 3,528	$ 3,582
Short-term investments	147,287	159,701
Total cash and cash equivalents	150,815	163,283
Available-for-sale securities, at fair value	94,508	96,693
Residential real estate loans held for sale	7,106	4,508
SBA loans held for sale	2,400	191
Total loans held for sale	9,506	4,699
Loans	759,584	779,195
Less: Allowance for loan losses	4,034	3,665
Loans, net	755,550	775,530
Premises and equipment, net	7,274	6,937
Real estate owned and other repossessed collateral, net	2,040	826
Federal Home Loan Bank stock, at cost	1,938	1,938
Intangible assets, net	1,191	1,300
Servicing rights, net	2,955	2,846
Bank owned life insurance	16,291	16,179
Other assets	7,569	6,643
Total assets	1,049,637	1,076,874
Liabilities and Shareholders' Equity
Demand	74,731	69,827
Savings and interest checking	105,691	108,417
Money market	380,992	374,569
Time	301,309	337,037
Total deposits	862,723	889,850
Federal Home Loan Bank advances	20,004	20,011
Subordinated debt	23,705	23,620
Capital lease obligation	808	873
Other liabilities	15,685	19,723
Total liabilities	922,925	954,077
Commitments and contingencies
Shareholders' equity
Preferred stock, $1.00 par value, 1,000,000 shares authorized; no shares issued and outstanding at September 30, 2017 and June 30, 2017
Additional paid-in capital	76,709	77,455
Retained earnings	42,641	38,142
Accumulated other comprehensive loss	(1,528)	(1,632)
Total shareholders' equity	126,712	122,797
Total liabilities and shareholders' equity	1,049,637	1,076,874
Voting Common Stock [Member]
Shareholders' equity
Common Stock	7,899	7,841
Nonvoting Common Stock [Member]
Shareholders' equity
Common Stock	991	991
Commercial Real Estate Portfolio Segment [Member]
Assets
Loans	471,846	498,004
Commercial Portfolio Segment [Member]
Assets
Loans	183,493	175,654
Residential Portfolio Segment [Member]
Assets
Loans	100,124	101,168
Consumer Portfolio Segment [Member]
Assets
Loans	$ 4,121	$ 4,369

Consolidated Balance Sheets (C3

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares	Sep. 30, 2017	Jun. 30, 2017
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)	7,899,159	7,840,460
Common stock, shares outstanding (in shares)	7,899,159	7,840,460
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	991,194
Common stock, shares outstanding (in shares)	991,194	991,194

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Interest and dividend income:
Interest and fees on loans	$ 15,383	$ 11,803
Interest on available-for-sale securities	266	239
Other interest and dividend income	529	215
Total interest and dividend income	16,178	12,257
Interest expense:
Deposits	2,176	1,754
Federal Home Loan Bank advances	172	255
Subordinated debt	508	459
Obligation under capital lease agreements	11	14
Total interest expense	2,867	2,482
Net interest and dividend income before provision for loan losses	13,311	9,775
Provision for loan losses	354	193
Net interest and dividend income after provision for loan losses	12,957	9,582
Noninterest income:
Fees for other services to customers	526	408
Gain on sales of residential real estate loans held for sale	291	542
Gain on sales of SBA loans held for sale	1,019	743
Loss recognized on real estate owned and other repossessed collateral, net		(14)
Bank owned life insurance income	112	114
Other noninterest income	10	15
Total noninterest income	1,958	1,808
Noninterest expense:
Salaries and employee benefits	5,254	5,314
Occupancy and equipment expense	1,109	1,229
Professional fees	442	496
Data processing fees	604	421
Marketing expense	87	87
Loan acquisition and collection expense	365	227
FDIC insurance premiums	80	124
Intangible asset amortization	109	109
Other noninterest expense	664	619
Total noninterest expense	8,714	8,626
Income before income tax expense	6,201	2,764
Income tax expense	1,615	1,013
Net income	$ 4,586	$ 1,751
Weighted-average shares outstanding:
Basic (in shares)	8,841,511	9,106,144
Diluted (in shares)	9,089,936	9,133,383
Earnings per common share:
Basic (in dollars per share)	$ 0.52	$ 0.19
Diluted (in dollars per share)	0.50	0.19
Cash dividends declared per common share (in dollars per share)	$ 0.01	$ 0.01

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Net income	$ 4,586	$ 1,751
Other comprehensive income, before tax:
Change in net unrealized loss on available-for-sale securities	122	(78)
Derivatives and hedging activities:
Change in accumulated loss on effective cash flow hedges	22	154
Reclassification adjustments included in net income	23
Total derivatives and hedging activities	45	154
Total other comprehensive income, before tax	167	76
Income tax expense related to other comprehensive income	63	31
Other comprehensive income, net of tax	104	45
Comprehensive income	$ 4,690	$ 1,796

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	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 (in shares) at Jun. 30, 2016	8,089,790	1,227,683
Balance at Jun. 30, 2016	$ 8,089	$ 1,228	$ 83,020	$ 26,160	$ (1,906)	$ 116,591
Net income				1,751		1,751
Other comprehensive loss, net of tax					45	45
Common stock repurchased (in shares)	(645,238)
Common stock repurchased	$ (645)		(6,298)			(6,943)
Conversion of voting common stock to non-voting common stock (in shares)	(116,000)	116,000
Conversion of voting common stock to non-voting common stock	$ (116)	$ 116
Dividends on common stock at $0.01 per share				(93)		(93)
Stock-based compensation			202			202
Issuance of restricted common stock (in shares)	160,000
Issuance of restricted common stock	$ 160		(160)
Cancellation and forfeiture of restricted common stock (in shares)	(1,000)
Cancellation and forfeiture of restricted common stock	$ (1)		1
Balance (in shares) at Sep. 30, 2016	7,487,552	1,343,683
Balance at Sep. 30, 2016	$ 7,487	$ 1,344	76,765	27,818	(1,861)	111,553
Balance (in shares) at Jun. 30, 2017	7,840,460	991,194
Balance at Jun. 30, 2017	$ 7,841	$ 991	77,455	38,142	(1,632)	122,797
Net income				4,586		4,586
Other comprehensive loss, net of tax					104	104
Dividends on common stock at $0.01 per share				(87)		(87)
Stock-based compensation			220			220
Issuance of restricted common stock (in shares)	10,000
Issuance of restricted common stock	$ 10		(10)
Cancellation and forfeiture of restricted common stock (in shares)	(15,089)
Cancellation and forfeiture of restricted common stock	$ (15)		(39)			(54)
Stock options exercised, net (in shares)	63,788
Stock options exercised, net	$ 63		(917)			(854)
Balance (in shares) at Sep. 30, 2017	7,899,159	991,194
Balance at Sep. 30, 2017	$ 7,899	$ 991	$ 76,709	$ 42,641	$ (1,528)	$ 126,712

Consolidated Statements of Cha7

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Retained Earnings [Member]
Cash dividends declared per common share (in dollars per share)	$ 0.03	$ 0.01
Cash dividends declared per common share (in dollars per share)	$ 0.01	$ 0.01

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Operating activities:
Net income	$ 4,586	$ 1,751
Adjustments to reconcile net income to net cash used in operating activities:
Provision for loan losses	354	193
Loss recognized on real estate owned, other repossessed collateral and premises and equipment, net		14
Amortization of subordinated debt issuance costs	28	62
Originations of loans held for sale	(30,545)	(33,459)
Net proceeds from sales of loans held for sale	29,450	33,758
Gain on sales of residential loans held for sale, net	(291)	(542)
Gain on sales of SBA and other loans held for sale, net	(1,019)	(743)
Amortization of intangible assets	109	109
Bank owned life insurance income, net	(112)	(114)
Depreciation of premises and equipment	292	395
Stock-based compensation	220	202
Amortization of available-for-sale securities, net	240	286
Changes in other assets and liabilities:
Other assets	(1,099)	(15)
Other liabilities	(3,992)	(345)
Net cash used in operating activities	(4,667)	(611)
Investing activities:
Purchases of available-for-sale securities		(9,056)
Proceeds from maturities and principal payments on available-for-sale securities	2,067	14,681
Loan purchases	(3,651)	(13,853)
Loan originations, principal collections, and purchased loan paydowns, net	22,599	(13,969)
Purchases of premises and equipment	(629)	(47)
Proceeds from sales of real estate owned and other repossessed collateral		67
Net cash provided by (used in) investing activities	20,386	(22,177)
Financing activities:
Net (decrease) increase in deposits	(27,127)	4,978
Repurchase of common stock		(6,943)
Dividends paid on common stock	(87)	(93)
Repayment of capital lease obligation	(65)	(62)
Repurchases for tax withholdings on stock options and restricted common stock	(908)
Net cash used in financing activities	(28,187)	(2,120)
Net decrease in cash and cash equivalents	(12,468)	(24,908)
Cash and cash equivalents, beginning of period	163,283	151,157
Cash and cash equivalents, end of period	150,815	126,249
Supplemental schedule of noncash investing activities:
Transfers from loans to real estate owned and other repossessed collateral	1,214	2,188
Loans Location [Member]
Adjustments to reconcile net income to net cash used in operating activities:
Accretion of fair value adjustments	(2,938)	(2,133)
Deposits Location [Member]
Adjustments to reconcile net income to net cash used in operating activities:
Accretion of fair value adjustments		(1)
Borrowing Location [Member]
Adjustments to reconcile net income to net cash used in operating activities:
Accretion of fair value adjustments	$ 50	$ (29)

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Basis of Accounting [Text Block]	1. Basis of Presentation The accompanying unaudited condensed and consolidated interim financial statements include the accounts of Northeast Bancorp (“Northeast” or the “Company”) and its wholly-owned subsidiary, Northeast Bank (the “Bank”). These financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) for interim financial information and with the instructions to Form 10 10 X. not . These financial statements and notes should be read in conjunction with the audited consolidated financial statements and notes thereto for the fiscal year ended June 30, 2017 ( 2017” 10

Note 2 - Recent Accounting Pron

Note 2 - Recent Accounting Pronouncements	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	2. Recent Accounting Pronouncements In May 2014, FASB”) issued ASU 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, Upon adoption, the most significant impact of this amendment resulted from the prospective application of current excess tax benefits and deficiencies being recognized in income tax expense, which would previously have been recognized in additional paid-in capital . In the three September 30, 2017, $818 June 30, 2017, $27 40,966 9,089,936. no 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 In May 2017, FASB issued ASU 2017 09, Compensation-Stock Compensation (Topic 718 2017 09” not December 15, 2017, The adoption of this guidance is not In August 2017, 2017 12, Derivatives and Hedging (Topic 815 2017 12” December 15, 2018, not

Note 3 - Securities Available-f

Note 3 - Securities Available-for-sale	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	3. Securities Available-for-Sale The following presents a summary of the amortized cost, gross unrealized holding gains and losses, and fair value of securities available for sale. September 30 , 2017 Amortized Gross Unrealized Gross Unrealized Fair Cost Gains Losses Value (Dollars in thousands) U.S. Government agency securities $ 57,261 $ - $ (192 ) $ 57,069 Agency mortgage-backed securities 31,318 3 (546 ) 30,775 Other investments measured at net asset value 6,755 - (91 ) 6,664 $ 95,334 $ 3 $ (829 ) $ 94,508 June 30, 201 7 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 Oth er investments measured at net asset value 6,717 - (95 ) 6,622 $ 97,641 $ - $ (948 ) $ 96,693 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 three September 30, 2017 2016. At September 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. September 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 $ 20,961 $ (38 ) $ 36,108 $ (154 ) $ 57,069 $ (192 ) Agency mortgage-backed securities 14,565 (233 ) 14,404 (313 ) 28,969 (546 ) Other investments measured at net asset value 5,149 (91 ) - - 5,149 (91 ) $ 40,675 $ (362 ) $ 50,512 $ (467 ) $ 91,187 $ (829 ) June 30, 201 7 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 ) $ 81,854 $ (626 ) $ 13,332 $ (322 ) $ 95,186 $ (948 ) There were no during the three September 30, 2017 2016. At September 30, 2017, eighteen twelve September 30, 2017, September 30, 2017 In addition to considering current trends and economic conditions that may ’s investment portfolio, management of the Company also considers the Company’s ability and intent to hold such securities to maturity or recovery of cost. At September 30, 2017, not not not not September 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 September 30, 2017, 4.80 The amortized cost and fair values of available-for-sale debt securities by contractual maturity are shown below as of September 30, 2017. may may Amortized Fair Cost Value (Dollars in thousands) Due within one year $ 42,251 $ 42,118 Due after one year through five years 24,251 24,078 Due after five years through ten years 22,077 21,648 Due after ten years - - Total $ 88,579 $ 87,844

Note 4 - Loans, Allowance for L

Note 4 - Loans, Allowance for Loan Losses and Credit Quality	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Financing Receivables [Text Block]	4. Loans, Allowance for Loan Losses and Credit Quality Loans are carried at the principal amounts outstanding, or amortized acquired fair value in the case of acquired loans, adjusted by partial charge-offs and net of deferred loan costs or fees. Loan fees and certain direct origination costs are deferred and amortized into interest income over the expected term of the loan using the level-yield method. When a loan is paid off, the unamortized portion is recognized in interest income. Interest income is accrued based upon the daily principal amount outstanding , except for loans on nonaccrual status. Loans purchased by the Company are accounted for under ASC 310 30, —Loans and Debt Securities Acquired with Deteriorated Credit Quality ("ASC 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 The composition of the Company ’s loan portfolio is as follows on the dates indicated. September 30 , 2017 June 30, 201 7 Originated Purchased Total Originated Purchased Total (Dollars in thousands) Residential real estate $ 83,864 $ 3,208 $ 87,072 $ 83,759 $ 3,377 $ 87,136 Home equity 12,954 98 13,052 13,931 101 14,032 Commercial real estate 246,241 225,605 471,846 256,280 241,724 498,004 Commercial and industrial 182,390 1,103 183,493 174,468 1,186 175,654 Consumer 4,121 - 4,121 4,369 - 4,369 Total loans $ 529,570 $ 230,014 $ 759,584 $ 532,807 $ 246,388 $ 779,195 Total loans include net deferred loan origination costs of $286 $507 September 30, 2017 June 30, 2017, Past Due and Nonaccrual Loans The following is a summary of past due and non-accrual loans: September 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 $ 1,570 $ 51 $ - $ 2,073 $ 3,694 $ 80,170 $ 83,864 $ 3,667 Home equity 50 - - 58 108 12,846 12,954 58 Commercial real estate 184 517 - 123 824 245,417 246,241 2,409 Commercial and industrial 40 - - - 40 182,350 182,390 2,629 Consumer 98 25 - 44 167 3,954 4,121 131 Total originated portfolio 1,942 593 - 2,298 4,833 524,737 529,570 8,894 Purchased portfolio: Residential real estate and home equity 95 - - 1,064 1,159 2,147 3,306 1,078 Commercial and industrial - - - - - 1,103 1,103 27 Commercial real estate 979 2,002 - 3,172 6,153 219,452 225,605 6,653 Total purchased portfolio 1,074 2,002 - 4,236 7,312 222,702 230,014 7,758 Total loans $ 3,016 $ 2,595 $ - $ 6,534 $ 12,145 $ 747,439 $ 759,584 $ 16,652 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 Allowance for Loan Losses and Impaired Loans The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. For residential and consumer loans, a charge-off is recorded no 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 and operating statements, with which it monitors the cash flows of these loans. Adverse developments in either of these areas will have an adverse effect on the credit quality of this segment. For purposes of the allowance for loan losses, this segment also includes construction loans. Commercial 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 the Bank’s Loan Acquisition and Servicing Group (“LASG”). Loans acquired by the LASG are, with limited exceptions, performing loans at the date of purchase. 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; ● 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. 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 ’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. For the purchased loan segment, a loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to realize cash flows as expected at acquisition. For loans accounted for under ASC 310 30 The following table sets forth activity in the Company ’s allowance for loan losses. Three Months Ended September 30, 2017 Residential Real Estate Commercial Real Estate Commercial and Industrial Consumer Purchased Unallocated Total (Dollars in thousands) Beginning balance $ 477 $ 2,312 $ 520 $ 53 $ 303 $ - $ 3,665 Provision 41 131 189 (14 ) 7 - 354 Recoveries 7 - 18 6 - - 31 Charge-offs (12 ) - - (4 ) - - (16 ) Ending balance $ 513 $ 2,443 $ 727 $ 41 $ 310 $ - $ 4,034 Three Months Ended September 30, 2016 Residential Real Estate Commercial Real Estate Commercial and Industrial Consumer Purchased Unallocated Total (Dollars in thousands) Beginning balance $ 663 $ 1,195 $ 297 $ 62 $ 133 $ - $ 2,350 Provision (99 ) 226 17 24 25 - 193 Recoveries 2 - 5 11 - - 18 Charge-offs (25 ) - (1 ) (29 ) - - (55 ) Ending balance $ 541 $ 1,421 $ 318 $ 68 $ 158 $ - $ 2,506 The following table sets forth information regarding the allowance for loan losses by portfolio segment and impairment methodology. September 30 , 2017 Residential Real Estate Commercial Real Estate Commercial and Industrial Consumer Purchased Unallocated Total (Dollars in thousands) Allowance for loan losses: Individually evaluated $ 280 $ 142 $ 153 $ 1 $ - $ - $ 576 Collectively evaluated 233 2,301 574 40 - - 3,148 ASC 310-30 - - - - 310 - 310 Total $ 513 $ 2,443 $ 727 $ 41 $ 310 $ - $ 4,034 Loans: Individually evaluated $ 5,739 $ 3,817 $ 2,696 $ 317 $ - $ - $ 12,569 Collectively evaluated 91,079 242,424 179,694 3,804 - - 517,001 ASC 310-30 - - - - 230,014 - 230,014 Total $ 96,818 $ 246,241 $ 182,390 $ 4,121 $ 230,014 $ - $ 759,584 June 30, 201 7 Residential Real Estate Commercial Real Estate Commercial 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 The following table sets forth information regarding impaired loans. Loans accounted for under ASC 310 30 performed based on cash flow and accretable yield expectations determined at date of acquisition are not September 30 , 2017 June 30, 201 7 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 $ 4,136 $ 4,162 $ - $ 4,052 $ 4,084 $ - Consumer 293 321 - 250 271 - Commercial real estate 2,426 2,420 - 359 354 - Commercial and industrial 1,830 1,830 - 1,870 1,870 - Purchased: Residential real estate 1,078 1,121 - 1,056 1,099 - Commercial real estate 9,039 11,817 - 8,696 11,468 Commercial and industrial 27 60 - 32 65 - Total 18,829 21,731 - 16,315 19,211 - Impaired loans with a valuation allowance: Originated: Residential real estate 1,603 1,577 280 1,624 1,595 252 Consumer 24 27 1 46 55 4 Commercial real estate 1,391 1,380 142 1,400 1,388 147 Commercial and industrial 866 866 153 824 824 149 Purchased: Commercial real estate 3,540 3,914 182 3,528 3,929 176 Commercial and industrial 94 108 54 94 108 55 Total 7,518 7,872 812 7,516 7,899 783 Total impaired loans $ 26,347 $ 29,603 $ 812 $ 23,831 $ 27,110 $ 783 The following tables set forth information regarding interest income recognized on impaired loans. Three Months Ended September 30, 201 7 2016 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 $ 4,095 $ 36 $ 3,730 $ 49 Consumer 272 6 243 3 Commercial real estate 1,393 93 447 8 Commercial and industrial 1,850 37 180 3 Purchased: Residential real estate 1,067 - 1,117 3 Commercial real estate 8,868 80 4,736 52 Commercial and industrial 30 - 24 - Total 17,575 252 10,477 118 Impaired loans with a valuation allowance: Originated: Residential real estate 1,614 21 1,685 16 Consumer 35 1 104 2 Commercial real estate 1,396 22 1,179 18 Commercial and industrial 845 4 2 - Purchased: Commercial real estate 3,534 27 1,529 17 Commercial and industrial 94 - - - Total 7,518 75 4,499 $ 53 Total impaired loans $ 25,093 $ 327 $ 14,976 $ 171 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 ratings of all loans subject to ris k ratings. Annually, the Company engages an independent third may The following tables present the Company ’s loans by risk rating. September 30 , 2017 Originated Portfolio Commercial Commercial Purchased Real Estate and Industrial Residential (1) Portfolio Total (Dollars in thousands) Loans rated 1- 6 $ 240,696 $ 179,056 $ 15,282 $ 214,451 $ 649,485 Loans rated 7 2,999 2,512 69 8,244 13,824 Loans rated 8 2,546 822 781 7,319 11,468 Loans rated 9 - - 19 - 19 Loans rated 10 - - - - - $ 246,241 $ 182,390 $ 16,151 $ 230,014 $ 674,796 June 30, 201 7 Originated Portfolio Commercial Commercial Purchased Real Estate and Industrial Residential (1) Portfolio Total (Dollars in thousands) Loans rated 1- 6 $ 253,041 $ 171,160 $ 10,039 $ 229,980 $ 664,220 Loans rated 7 2,686 2,483 71 9,622 14,862 Loans rated 8 554 825 803 6,786 8,968 Loans rated 9 - - 19 - 19 Loans rated 10 - - - - - $ 256,281 $ 174,468 $ 10,932 $ 246,388 $ 688,069 ( 1 Certain of the Company’s loans made for commercial purposes, but secured by residential collateral, are rated under the Company’s risk-rating system. The Company had consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings were in process according to local requirements of the applicable jurisdictions totali ng $458 September 30, 2017, $543 June 30, 2017. Troubled Debt Restructurings The following table shows the Company ’s post-modification balance of TDRs by type of modification. Three Months Ended September 30, 201 7 201 6 Number of Recorded Number of Recorded Contracts Investment Contracts Investment (Dollars in thousands) Extended maturity 1 $ 18 - $ - Adjusted interest rate - - 1 9 Rate and maturity - - 1 334 Principal deferment 1 655 - - Court ordered concession - - - - 2 $ 673 2 $ 343 The following table shows loans modified in a TDR and the change in the recorded investment subsequent to the modifications occurring. Three Months Ended September 30, 201 7 201 6 Number of Recorded Investment Recorded Investment Post- Number of Recorded Investment Recorded Investment Post- Contracts Pre-Modification Modification Contracts Pre-Modification Modification (Dollars in thousands) Originated portfolio: Residential real estate 1 $ 18 $ 18 1 $ 9 $ 9 Home equity - - - - - - Commercial real estate - - - - - - Commercial and industrial 1 655 655 - - - Consumer - - - - - - Total originated portfolio 2 673 673 1 9 9 Purchased portfolio: Residential real estate - - - - - - Commercial real estate - - - 1 334 334 Total purchased portfolio - - - 1 334 334 Total 2 $ 673 $ 673 2 $ 343 $ 343 The Company considers TDRs past due 90 No twelve ths defaulted during the three September 30, 2017. September 30, 2017, no ASC 310 30 The following tables present a summary of loans accounted for under ASC 310 30 Three Months Ended September 30, 2017 Three Months Ended September 30, 2016 (Dollars in thousands) Contractually required payments receivable $ 5,912 $ 26,254 Nonaccretable difference (157 ) (2,517 ) Cash flows expected to be collected 5,755 23,737 Accretable yield (2,104 ) (9,884 ) Fair value of loans acquired $ 3,651 $ 13,853 Certain loans accounted for under ASC 310 30 not As of and for the Three Months Ended September 30 , 2017 As of and for the Thre e Months Ended September 30 , 2016 (Dollars in thousands) Loans acquired during the period $ - $ 1,103 Loans at end of period 6,032 4,439 The following table s summarize the activity in the accretable yield for loans accounted for under ASC 310 30. Three Months Ended September 30, 2017 Three Months Ended September 30, 2016 (Dollars in thousands) Beginning balance $ 131,197 $ 124,151 Acquisitions 2,104 9,884 Accretion (4,425 ) (4,652 ) Reclassifications from non-accretable difference to accretable yield 3,428 (1,105 ) Disposals and other changes (9,381 ) (4,255 ) Ending balance $ 122,923 $ 124,023 The following table provides information related to the unpaid principal balance and carrying amounts of ASC 310 30 September 30, 2017 (1) June 30, 201 7 (1) (Dollars in thousands) Unpaid principal balance $ 252,516 $ 271,709 Carrying amount 223,503 239,583 ( 1 Balances include loans held for sale of $ 1.2 September 30, 2017 $0 June 30, 2017.

Note 5 - Transfers and Servicin

Note 5 - Transfers and Servicing of Financial Assets	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Transfers and Servicing of Financial Assets [Text Block]	5. Transfers and Servicing of Financial Assets The Company sells loans in the secondary market and for certain loans, retains the servicing responsibility. Consideration for the sale includes the cash received as well as the related servicing rights asset. The Company receives fees for the services provided. Capitalized servicing rights as of September 30, 2017 $3.0 $2.8 June 30, 2017, Mortgage loans sold in the quarter ended September 30, 2017 $19.2 $25.0 September 30, 2016. $9.9 September 30, 2017 $10.7 June 30, 2017. $27.3 $25.2 September 30, 2017 June 30, 2017, SBA loans sold during the quarter ended September 30, 2017 $9.1 $7.4 September 30, 2016. $148.6 September 30, 2017 $144.4 June 30, 2017. Mortgage and SBA loans serviced for others are accounted for as sales and therefore are not Contractually s pecified servicing fees were $262 $160 September 30, 2017 2016, The significant assumptions used in the valuation for m ortgage servicing rights as of September 30, 2017 7.3% 14.4%. 10.1% 14.9% 7.9%.

Note 6 - Earnings Per Share (EP

Note 6 - Earnings Per Share (EPS)	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Earnings Per Share [Text Block]	6 . Earnings Per Share (EPS) EPS is computed by dividing net income allocated to common shareholders by the weighted average common shares outstanding (including participating securities). The Company ’s only participating securities are unvested restricted stock awards that contain non-forfeitable rights to dividends. The following table shows the weighted average number of shares outstanding for the periods indicated. Shares issuable relative to stock options granted have been reflected as an increase in the shares outstanding used to calculate diluted EPS, after applying the treasury stock method. The number of shares outstanding for basic and diluted EPS is presented as follows: Three months Ended September 30, 201 7 201 6 (Dollars in thousands, except share and per share data) Net income $ 4,586 $ 1,751 Weighted average shares used in calculation of basic EPS 8,841,511 9,106,144 Incremental shares from assumed exercise of dilutive securities 248,425 27,239 Weighted average shares used in calculation of diluted EPS 9,089,936 9,133,383 Basic earnings per common share $ 0.52 $ 0.19 Diluted earnings per common share 0.50 0.19 For the three months ended September 30, 2017 2016, Three Months Ended September 30, 2017 201 6 Stock options 81,004 714,545

Note 7 - Derivatives and Hedgin

Note 7 - Derivatives and Hedging Activities	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Derivative Instruments and Hedging Activities Disclosure [Text Block]	7. Derivatives and Hedging Activities The Company has stand-alone derivative financial instruments in the form of interest rate caps that derive their value from a fee paid and are adjusted to fair value based on index and strike rate, and swap agreements that derive their value from the underlying interest rate. These transactions involve both credit and market risk. The notional amounts are amounts on which calculations, payments and the value of the derivative are based. Notional amounts do not not The Company currently holds derivati ve instruments that contain credit-risk related features that are in a net liability position, which may September 30, 2017, $1.7 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 variable rate debt is as follows. September 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 1.33 % 3.38 % n/a $ (657 ) $ (657 ) Other Liabilities 5,000 July 2013 July 2028 3 Mo. LIBOR 1.33 % 3.23 % n/a (463 ) (463 ) Other Liabilities 5,000 July 2013 July 2023 3 Mo. LIBOR 1.33 % 2.77 % n/a (205 ) (205 ) Other Liabilities Interest rate caps: 6,000 October 2014 September 2019 3 Mo. LIBOR n/a n/a 2.50 % (131 ) 2 Other Assets 10,000 March 2015 February 2020 3 Mo. LIBOR n/a n/a 2.50 % (182 ) 8 Other Assets $ 31,000 $ (1,638 ) $ (1,315 ) 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 ) During the three September 30, 2017 2016, no three September 30, 2017 2016

Note 8 - Other Comprehensive In

Note 8 - Other Comprehensive Income	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	8. Other Comprehensive Income The components of other comprehensive income are as follows: Three Months Ended September 30, 2017 201 6 Pre-tax After-tax Pre-tax Tax Expense After-tax Amount Tax Expense Amount Amount (Benefit) Amount (Dollars in thousands) Change in net unrealized loss on available-for-sale securities $ 122 $ 45 $ 77 $ (78 ) $ (30 ) $ (48 ) Change in accumulated loss on effective cash flow hedges 22 9 13 154 61 93 Reclassification adjustment s included in net income 23 9 14 - - - Total derivatives and hedging activities 45 18 27 154 61 93 Total other comprehensive income $ 167 $ 63 $ 104 $ 76 $ 31 $ 45 Accumulated other comprehensive loss is comprised of the following: Septem ber 30, 2017 June 30, 2017 (Dollars in thousands) Unrealized loss on available-for-sale securities $ (826 ) $ (948 ) Tax effect 314 360 After- tax amount (512 ) (588 ) Unrealized loss on cash flow hedges (1,638 ) (1,683 ) Tax effect 622 639 After- tax amount (1,016 ) (1,044 ) Accumulated other comprehensive loss $ (1,528 ) $ (1,632 )

Note 9 - Commitments and Contin

Note 9 - Commitments and Contingencies	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	9. Commitments and Contingencies Commitments The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers and to reduce its own exposure to fluctuations in interest rates. These financial instruments include commitments to extend credit , standby letters of credit, and commitments to fund investments. Those instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the consolidated balance sheets. The contract amounts of those instruments reflect the extent of involvement the Company has in particular classes of financial instruments. The Company ’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and standby letters of credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments. Financial instruments with contract amounts which represent credit risk are as follows : September 30 , 2017 June 30, 201 7 (Dollars in thousands) Commitments to grant loans $ 34,628 $ 15,244 Unfunded commitments under lines of credit 44,078 31,858 Standby letters of credit 3,400 3,400 Commitment to fund investment - 1,000 Commitments to extend credit are agreements to lend to a customer as long as there is no may not ’s credit worthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation of the counter party. Collateral held varies but may $74 $39 September 30, 2017 June 30, 2017, In the year ended June 30, 2016, $2.5 June 30, 2017, $1.5 September 30, 2017, no Contingencies The Company and its subsidiary are parties to litigation and claims arising in the normal course of business. Management believes that the liabilities, if any, arising from such litigation and claims will not ’s consolidated financial position or results of operations.

Note 10 - Stock-based Compensat

Note 10 - Stock-based Compensation	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	10. Stock-Based Compensation In March 2016, ASU 2016 09. The Company adopted ASU 2016 09 first 2018. In addition to the excess tax benefit treatment, the amendment removed the assumed proceeds related to the excess tax benefit from the calculation of diluted shares. Additionally, dividends paid to employees for nonvested equity shares are also recognized through income tax expense. For the three September 30, 2017, in totality, the adoption of ASU 2016 09 $818 U pon adoption, the Company made a policy election to record forfeitures as they occur rather than make use of an estimate. The other provisions did not

Note 11 - Fair Value Measuremen

Note 11 - Fair Value Measurements	3 Months Ended
	Sep. 30, 2017
Notes to Financial Statements
Fair Value Disclosures [Text Block]	11. Fair Value Measurements Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction (that is, not may one When market assumptions are not ASC 820 1 3 three 820 Level 1 — Inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date . Level 2 — Valuations based on significant observable inputs other than Level 1 not Level 3 — Prices or valuations that require inputs that are both significant to the fair value measurement and unobservable. To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised by the Company in determining fair value is greatest for instruments categorized in Level 3. ’s level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement . Valuation technique s - There have been no Transfers - There were no . Assets and Liabilities Measured at Fair Value on a Recurring Basis: Available-for-sale securities - Where quoted prices are available in an active market, securities are classified within Level 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 The Company’s investment in SBA 7 sixty 2015 07, not Derivative financial instruments - The valuation of the Company’s interest rate swaps and caps are determined using widely accepted valuation techniques including discounted cash flow analyses on the expected cash flows of derivatives. These analyses reflect the contractual terms of the derivatives, including the period to maturity, and use observable market-based inputs, including forward interest rate curves and implied volatilities. Unobservable inputs, such as credit valuation adjustments are insignificant to the overall valuation of the Company’s derivative financial instruments. Accordingly, the Company has determined that its interest rate derivatives fall within Level 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. The fair value of such instruments was nominal at each date presented . Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis: Collateral dependent impaired l oans not 3 Real estate o wn ed and other r epossessed collateral not may 3 2 . Loan servicing rights - The fair value of the SBA and mortgage servicing rights is based on a valuation model that calculates the present value of estimated future net servicing income. Adjustments are only recorded when the discounted cash flows derived from the valuation model are less than the carrying value of the asset. Certain inputs are not 3 Fair Value of other Financial Instruments: Cash and cash equivalents - The fair value of cash, due from banks, interest bearing deposits and Federal Home Loan Bank of Boston (“FHLBB”) overnight deposits approximates their relative book values, as these financial instruments have short maturities. FHL B B stock Loans - Fair values are estimated for portfolios of loans with similar financial characteristics. The fair value of performing loans is calculated by discounting scheduled cash flows through the estimated maturity using estimated market discount rates that reflect the credit and interest rate risk inherent in the loan. The estimates of maturity are based on the Company’s historical experience with repayments for each loan classification, modified, as required, by an estimate of the effect of current economic conditions, lending conditions and the effects of estimated prepayments. Loans held for sale - The fair value of loans held-for-sale is estimated based on bid quotations received from loan dealers. Interest receivable - The fair value of this financial instrument approximates the book value as this financial instrument has a short maturity. It is the Company’s policy to stop accruing interest on loans past due by more than 90 Deposits - The fair value of deposits with no not . FHLBB advances, capital lease obligations and subordinated debentures - The fair value of the Company’s borrowings with the FHLBB is estimated by discounting the cash flows through maturity or the next re-pricing date based on current rates available to the Company for borrowings with similar maturities. The fair value of the Company’s capital lease obligations and subordinated debentures are estimated by discounting the cash flows through maturity based on current rates available to the Company for borrowings with similar maturities . Off-Balance Sheet Credit-Related Instruments - Fair values for off-balance-sheet, credit-related financial instruments are based on fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the counterparties’ credit standing. The fair value of such instruments was nominal at each date presented. Assets and liabilities measured at fair value on a recurring basis are summarized below. September 30, 2017 Total Level 1 Level 2 Level 3 (Dollars in thousands) Assets Securities available-for-sale: U.S. Government agency securities $ 57,069 $ - $ 57,069 $ - Agency mortgage-backed securities 30,775 - 30,775 - Other investment s measured at net asset value (1) 6,664 - - - Other assets – interest rate caps 10 - 10 - Liabilities Other liabilities – interest rate swaps $ 1,325 $ - $ 1,325 $ - June 30, 201 7 Total Level 1 Level 2 Level 3 (Dollars in thousands) Assets 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 swap $ 1,355 $ - $ 1,355 $ - ( 1 In accordance with ASU 820 10, not iation of the fair value amount to the Assets measured at fair value on a nonrecurring basis are summarized below. September 30 , 2017 Total Level 1 Level 2 Level 3 (Dollars in thousands) Collateral dependent impaired loans $ 1,064 $ - $ - $ 1,064 Real estate owned and other repossessed collateral 2,040 - - 2,040 Loan servicing rights 2,955 - - 2,955 June 30, 201 7 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 The table below presents quantitative information about significant unobservable inputs (Level 3 Fair Value September 30, 2017 June 30, Valuation Technique (Dollars in thousands) Collateral dependent impaired loans $ 1,064 $ 1,011 Appraisal of collateral (1) Real estate owned and other repossessed collateral 2,040 826 Appraisal of collateral (1) Loan servicing rights 2,955 2,846 Discounted cash flow (2) ( 1 Fair value is generally determined through independent appraisals of the underlying collateral. The Company may may 8% 75%. ( 2 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% 14.4%. 7.3% 14.9%. The following table presents the estimated fair value of the Company's financial instruments. Carrying Fair Value Measurements at September 30, 2017 Amount Total Level 1 Level 2 Level 3 (Dollars in thousands) Financial assets: Cash and cash equivalents $ 150,815 $ 150,815 $ 150,815 $ - $ - Available-for-sale securities 87,844 87,844 - 87,844 - Other investments measured at net asset value (1) 6,664 6,664 - - - Federal Home Loan Bank stock 1,938 1,938 - 1,938 - Loans held for sale 9,506 9,506 - 9,506 - Loans, net 755,550 756,956 - - 756,956 Accrued interest receivable 2,224 2,224 - 2,224 - Interest rate caps 10 10 - 10 - Financial liabilities: Deposits 862,723 862,900 - 862,900 - Federal Home Loan Bank advances 20,004 20,021 - 20,021 - Capital lease obligation 808 845 - 845 - Subordinated debentures 23,705 25,928 - - 25,928 Interest rate swaps 1,325 1,325 - 1,325 - 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 debentures 23,620 25,677 - - 25,677 Interest rate swaps 1,355 1,355 - 1,355 - ( 1 In accordance with ASU 820 10, not

Note 3 - Securities Available20

Note 3 - Securities Available-for-sale (Tables)	3 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Available-for-sale Securities Reconciliation [Table Text Block]	September 30 , 2017 Amortized Gross Unrealized Gross Unrealized Fair Cost Gains Losses Value (Dollars in thousands) U.S. Government agency securities $ 57,261 $ - $ (192 ) $ 57,069 Agency mortgage-backed securities 31,318 3 (546 ) 30,775 Other investments measured at net asset value 6,755 - (91 ) 6,664 $ 95,334 $ 3 $ (829 ) $ 94,508 June 30, 201 7 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 Oth er investments measured at net asset value 6,717 - (95 ) 6,622 $ 97,641 $ - $ (948 ) $ 96,693
Schedule of Unrealized Loss on Investments [Table Text Block]	September 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 $ 20,961 $ (38 ) $ 36,108 $ (154 ) $ 57,069 $ (192 ) Agency mortgage-backed securities 14,565 (233 ) 14,404 (313 ) 28,969 (546 ) Other investments measured at net asset value 5,149 (91 ) - - 5,149 (91 ) $ 40,675 $ (362 ) $ 50,512 $ (467 ) $ 91,187 $ (829 ) June 30, 201 7 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 ) $ 81,854 $ (626 ) $ 13,332 $ (322 ) $ 95,186 $ (948 )
Investments Classified by Contractual Maturity Date [Table Text Block]	Amortized Fair Cost Value (Dollars in thousands) Due within one year $ 42,251 $ 42,118 Due after one year through five years 24,251 24,078 Due after five years through ten years 22,077 21,648 Due after ten years - - Total $ 88,579 $ 87,844

Note 4 - Loans, Allowance for21

Note 4 - Loans, Allowance for Loan Losses and Credit Quality (Tables)	3 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	September 30 , 2017 June 30, 201 7 Originated Purchased Total Originated Purchased Total (Dollars in thousands) Residential real estate $ 83,864 $ 3,208 $ 87,072 $ 83,759 $ 3,377 $ 87,136 Home equity 12,954 98 13,052 13,931 101 14,032 Commercial real estate 246,241 225,605 471,846 256,280 241,724 498,004 Commercial and industrial 182,390 1,103 183,493 174,468 1,186 175,654 Consumer 4,121 - 4,121 4,369 - 4,369 Total loans $ 529,570 $ 230,014 $ 759,584 $ 532,807 $ 246,388 $ 779,195
Past Due Financing Receivables [Table Text Block]	September 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 $ 1,570 $ 51 $ - $ 2,073 $ 3,694 $ 80,170 $ 83,864 $ 3,667 Home equity 50 - - 58 108 12,846 12,954 58 Commercial real estate 184 517 - 123 824 245,417 246,241 2,409 Commercial and industrial 40 - - - 40 182,350 182,390 2,629 Consumer 98 25 - 44 167 3,954 4,121 131 Total originated portfolio 1,942 593 - 2,298 4,833 524,737 529,570 8,894 Purchased portfolio: Residential real estate and home equity 95 - - 1,064 1,159 2,147 3,306 1,078 Commercial and industrial - - - - - 1,103 1,103 27 Commercial real estate 979 2,002 - 3,172 6,153 219,452 225,605 6,653 Total purchased portfolio 1,074 2,002 - 4,236 7,312 222,702 230,014 7,758 Total loans $ 3,016 $ 2,595 $ - $ 6,534 $ 12,145 $ 747,439 $ 759,584 $ 16,652 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
Allowance for Credit Losses on Financing Receivables [Table Text Block]	Three Months Ended September 30, 2017 Residential Real Estate Commercial Real Estate Commercial and Industrial Consumer Purchased Unallocated Total (Dollars in thousands) Beginning balance $ 477 $ 2,312 $ 520 $ 53 $ 303 $ - $ 3,665 Provision 41 131 189 (14 ) 7 - 354 Recoveries 7 - 18 6 - - 31 Charge-offs (12 ) - - (4 ) - - (16 ) Ending balance $ 513 $ 2,443 $ 727 $ 41 $ 310 $ - $ 4,034 Three Months Ended September 30, 2016 Residential Real Estate Commercial Real Estate Commercial and Industrial Consumer Purchased Unallocated Total (Dollars in thousands) Beginning balance $ 663 $ 1,195 $ 297 $ 62 $ 133 $ - $ 2,350 Provision (99 ) 226 17 24 25 - 193 Recoveries 2 - 5 11 - - 18 Charge-offs (25 ) - (1 ) (29 ) - - (55 ) Ending balance $ 541 $ 1,421 $ 318 $ 68 $ 158 $ - $ 2,506
Schedule of Allowance for Loan Losses by Portfolio Segment and Impairment Methodology [Table Text Block]	September 30 , 2017 Residential Real Estate Commercial Real Estate Commercial and Industrial Consumer Purchased Unallocated Total (Dollars in thousands) Allowance for loan losses: Individually evaluated $ 280 $ 142 $ 153 $ 1 $ - $ - $ 576 Collectively evaluated 233 2,301 574 40 - - 3,148 ASC 310-30 - - - - 310 - 310 Total $ 513 $ 2,443 $ 727 $ 41 $ 310 $ - $ 4,034 Loans: Individually evaluated $ 5,739 $ 3,817 $ 2,696 $ 317 $ - $ - $ 12,569 Collectively evaluated 91,079 242,424 179,694 3,804 - - 517,001 ASC 310-30 - - - - 230,014 - 230,014 Total $ 96,818 $ 246,241 $ 182,390 $ 4,121 $ 230,014 $ - $ 759,584 June 30, 201 7 Residential Real Estate Commercial Real Estate Commercial 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
Impaired Financing Receivables [Table Text Block]	September 30 , 2017 June 30, 201 7 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 $ 4,136 $ 4,162 $ - $ 4,052 $ 4,084 $ - Consumer 293 321 - 250 271 - Commercial real estate 2,426 2,420 - 359 354 - Commercial and industrial 1,830 1,830 - 1,870 1,870 - Purchased: Residential real estate 1,078 1,121 - 1,056 1,099 - Commercial real estate 9,039 11,817 - 8,696 11,468 Commercial and industrial 27 60 - 32 65 - Total 18,829 21,731 - 16,315 19,211 - Impaired loans with a valuation allowance: Originated: Residential real estate 1,603 1,577 280 1,624 1,595 252 Consumer 24 27 1 46 55 4 Commercial real estate 1,391 1,380 142 1,400 1,388 147 Commercial and industrial 866 866 153 824 824 149 Purchased: Commercial real estate 3,540 3,914 182 3,528 3,929 176 Commercial and industrial 94 108 54 94 108 55 Total 7,518 7,872 812 7,516 7,899 783 Total impaired loans $ 26,347 $ 29,603 $ 812 $ 23,831 $ 27,110 $ 783 Three Months Ended September 30, 201 7 2016 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 $ 4,095 $ 36 $ 3,730 $ 49 Consumer 272 6 243 3 Commercial real estate 1,393 93 447 8 Commercial and industrial 1,850 37 180 3 Purchased: Residential real estate 1,067 - 1,117 3 Commercial real estate 8,868 80 4,736 52 Commercial and industrial 30 - 24 - Total 17,575 252 10,477 118 Impaired loans with a valuation allowance: Originated: Residential real estate 1,614 21 1,685 16 Consumer 35 1 104 2 Commercial real estate 1,396 22 1,179 18 Commercial and industrial 845 4 2 - Purchased: Commercial real estate 3,534 27 1,529 17 Commercial and industrial 94 - - - Total 7,518 75 4,499 $ 53 Total impaired loans $ 25,093 $ 327 $ 14,976 $ 171
Financing Receivable Credit Quality Indicators [Table Text Block]	September 30 , 2017 Originated Portfolio Commercial Commercial Purchased Real Estate and Industrial Residential (1) Portfolio Total (Dollars in thousands) Loans rated 1- 6 $ 240,696 $ 179,056 $ 15,282 $ 214,451 $ 649,485 Loans rated 7 2,999 2,512 69 8,244 13,824 Loans rated 8 2,546 822 781 7,319 11,468 Loans rated 9 - - 19 - 19 Loans rated 10 - - - - - $ 246,241 $ 182,390 $ 16,151 $ 230,014 $ 674,796 June 30, 201 7 Originated Portfolio Commercial Commercial Purchased Real Estate and Industrial Residential (1) Portfolio Total (Dollars in thousands) Loans rated 1- 6 $ 253,041 $ 171,160 $ 10,039 $ 229,980 $ 664,220 Loans rated 7 2,686 2,483 71 9,622 14,862 Loans rated 8 554 825 803 6,786 8,968 Loans rated 9 - - 19 - 19 Loans rated 10 - - - - - $ 256,281 $ 174,468 $ 10,932 $ 246,388 $ 688,069
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	Three Months Ended September 30, 201 7 201 6 Number of Recorded Number of Recorded Contracts Investment Contracts Investment (Dollars in thousands) Extended maturity 1 $ 18 - $ - Adjusted interest rate - - 1 9 Rate and maturity - - 1 334 Principal deferment 1 655 - - Court ordered concession - - - - 2 $ 673 2 $ 343
Troubled Debt Restructurings On Financing Receivables Recorded Investment [Table Text Block]	Three Months Ended September 30, 201 7 201 6 Number of Recorded Investment Recorded Investment Post- Number of Recorded Investment Recorded Investment Post- Contracts Pre-Modification Modification Contracts Pre-Modification Modification (Dollars in thousands) Originated portfolio: Residential real estate 1 $ 18 $ 18 1 $ 9 $ 9 Home equity - - - - - - Commercial real estate - - - - - - Commercial and industrial 1 655 655 - - - Consumer - - - - - - Total originated portfolio 2 673 673 1 9 9 Purchased portfolio: Residential real estate - - - - - - Commercial real estate - - - 1 334 334 Total purchased portfolio - - - 1 334 334 Total 2 $ 673 $ 673 2 $ 343 $ 343
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Table Text Block]	Three Months Ended September 30, 2017 Three Months Ended September 30, 2016 (Dollars in thousands) Contractually required payments receivable $ 5,912 $ 26,254 Nonaccretable difference (157 ) (2,517 ) Cash flows expected to be collected 5,755 23,737 Accretable yield (2,104 ) (9,884 ) Fair value of loans acquired $ 3,651 $ 13,853
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 Three Months Ended September 30 , 2017 As of and for the Thre e Months Ended September 30 , 2016 (Dollars in thousands) Loans acquired during the period $ - $ 1,103 Loans at end of period 6,032 4,439 Three Months Ended September 30, 2017 Three Months Ended September 30, 2016 (Dollars in thousands) Beginning balance $ 131,197 $ 124,151 Acquisitions 2,104 9,884 Accretion (4,425 ) (4,652 ) Reclassifications from non-accretable difference to accretable yield 3,428 (1,105 ) Disposals and other changes (9,381 ) (4,255 ) Ending balance $ 122,923 $ 124,023
Schedule of Credit Impaired Loans [Table Text Block]	September 30, 2017 (1) June 30, 201 7 (1) (Dollars in thousands) Unpaid principal balance $ 252,516 $ 271,709 Carrying amount 223,503 239,583

Note 6 - Earnings Per Share (22

Note 6 - Earnings Per Share (EPS) (Tables)	3 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three months Ended September 30, 201 7 201 6 (Dollars in thousands, except share and per share data) Net income $ 4,586 $ 1,751 Weighted average shares used in calculation of basic EPS 8,841,511 9,106,144 Incremental shares from assumed exercise of dilutive securities 248,425 27,239 Weighted average shares used in calculation of diluted EPS 9,089,936 9,133,383 Basic earnings per common share $ 0.52 $ 0.19 Diluted earnings per common share 0.50 0.19
Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]	Three Months Ended September 30, 2017 201 6 Stock options 81,004 714,545

Note 7 - Derivatives and Hedg23

Note 7 - Derivatives and Hedging Activities (Tables)	3 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Derivative Instruments [Table Text Block]	September 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 1.33 % 3.38 % n/a $ (657 ) $ (657 ) Other Liabilities 5,000 July 2013 July 2028 3 Mo. LIBOR 1.33 % 3.23 % n/a (463 ) (463 ) Other Liabilities 5,000 July 2013 July 2023 3 Mo. LIBOR 1.33 % 2.77 % n/a (205 ) (205 ) Other Liabilities Interest rate caps: 6,000 October 2014 September 2019 3 Mo. LIBOR n/a n/a 2.50 % (131 ) 2 Other Assets 10,000 March 2015 February 2020 3 Mo. LIBOR n/a n/a 2.50 % (182 ) 8 Other Assets $ 31,000 $ (1,638 ) $ (1,315 ) 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 )

Note 8 - Other Comprehensive 24

Note 8 - Other Comprehensive Income (Tables)	3 Months Ended
	Sep. 30, 2017
Notes Tables
Comprehensive Income (Loss) [Table Text Block]	Three Months Ended September 30, 2017 201 6 Pre-tax After-tax Pre-tax Tax Expense After-tax Amount Tax Expense Amount Amount (Benefit) Amount (Dollars in thousands) Change in net unrealized loss on available-for-sale securities $ 122 $ 45 $ 77 $ (78 ) $ (30 ) $ (48 ) Change in accumulated loss on effective cash flow hedges 22 9 13 154 61 93 Reclassification adjustment s included in net income 23 9 14 - - - Total derivatives and hedging activities 45 18 27 154 61 93 Total other comprehensive income $ 167 $ 63 $ 104 $ 76 $ 31 $ 45
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Septem ber 30, 2017 June 30, 2017 (Dollars in thousands) Unrealized loss on available-for-sale securities $ (826 ) $ (948 ) Tax effect 314 360 After- tax amount (512 ) (588 ) Unrealized loss on cash flow hedges (1,638 ) (1,683 ) Tax effect 622 639 After- tax amount (1,016 ) (1,044 ) Accumulated other comprehensive loss $ (1,528 ) $ (1,632 )

Note 9 - Commitments and Cont25

Note 9 - Commitments and Contingencies (Tables)	3 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Fair Value, Off-balance Sheet Risks [Table Text Block]	September 30 , 2017 June 30, 201 7 (Dollars in thousands) Commitments to grant loans $ 34,628 $ 15,244 Unfunded commitments under lines of credit 44,078 31,858 Standby letters of credit 3,400 3,400 Commitment to fund investment - 1,000

Note 11 - Fair Value Measurem26

Note 11 - Fair Value Measurements (Tables)	3 Months Ended
	Sep. 30, 2017
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	September 30, 2017 Total Level 1 Level 2 Level 3 (Dollars in thousands) Assets Securities available-for-sale: U.S. Government agency securities $ 57,069 $ - $ 57,069 $ - Agency mortgage-backed securities 30,775 - 30,775 - Other investment s measured at net asset value (1) 6,664 - - - Other assets – interest rate caps 10 - 10 - Liabilities Other liabilities – interest rate swaps $ 1,325 $ - $ 1,325 $ - June 30, 201 7 Total Level 1 Level 2 Level 3 (Dollars in thousands) Assets 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 swap $ 1,355 $ - $ 1,355 $ -
Fair Value Measurements, Nonrecurring [Table Text Block]	September 30 , 2017 Total Level 1 Level 2 Level 3 (Dollars in thousands) Collateral dependent impaired loans $ 1,064 $ - $ - $ 1,064 Real estate owned and other repossessed collateral 2,040 - - 2,040 Loan servicing rights 2,955 - - 2,955 June 30, 201 7 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
Fair Value Inputs, Assets, Quantitative Information [Table Text Block]	Fair Value September 30, 2017 June 30, Valuation Technique (Dollars in thousands) Collateral dependent impaired loans $ 1,064 $ 1,011 Appraisal of collateral (1) Real estate owned and other repossessed collateral 2,040 826 Appraisal of collateral (1) Loan servicing rights 2,955 2,846 Discounted cash flow (2)
Fair Value, by Balance Sheet Grouping [Table Text Block]	Carrying Fair Value Measurements at September 30, 2017 Amount Total Level 1 Level 2 Level 3 (Dollars in thousands) Financial assets: Cash and cash equivalents $ 150,815 $ 150,815 $ 150,815 $ - $ - Available-for-sale securities 87,844 87,844 - 87,844 - Other investments measured at net asset value (1) 6,664 6,664 - - - Federal Home Loan Bank stock 1,938 1,938 - 1,938 - Loans held for sale 9,506 9,506 - 9,506 - Loans, net 755,550 756,956 - - 756,956 Accrued interest receivable 2,224 2,224 - 2,224 - Interest rate caps 10 10 - 10 - Financial liabilities: Deposits 862,723 862,900 - 862,900 - Federal Home Loan Bank advances 20,004 20,021 - 20,021 - Capital lease obligation 808 845 - 845 - Subordinated debentures 23,705 25,928 - - 25,928 Interest rate swaps 1,325 1,325 - 1,325 - 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 debentures 23,620 25,677 - - 25,677 Interest rate swaps 1,355 1,355 - 1,355 -

Note 2 - Recent Accounting Pr27

Note 2 - Recent Accounting Pronouncements (Details Textual) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Jun. 30, 2016
Income Tax Expense (Benefit)	$ 1,615	$ 1,013
Adjustments to Additional Paid in Capital, Income Tax Benefit from Share-based Compensation			$ 27
Weighted Average Number of Shares Outstanding, Diluted	9,089,936	9,133,383
Accounting Standards Update 2016-09 [Member]
Income Tax Expense (Benefit)	$ (818)
Weighted Average Number of Shares Outstanding, Diluted	40,966

Note 3 - Securities Available28

Note 3 - Securities Available-for-sale (Details Textual) $ in Thousands	3 Months Ended
	Sep. 30, 2017USD ($)	Sep. 30, 2016USD ($)
Available-for-sale Securities Pledged as Collateral	$ 0
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities	$ 0	$ 0
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year	18
Available-for-sale Securities, Effective Duration	4 years 292 days
Proceeds from Sale of Available-for-sale Securities	$ 0	$ 0

Note 3 - Securities Available29

Note 3 - Securities Available-for-sale - Securities Available-for-sale (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Amortized Cost	$ 95,334	$ 97,641
Gross Unrealized Gains	3
Gross Unrealized Losses	(829)	(948)
Fair Value	94,508	96,693
US Government Agencies Debt Securities [Member]
Amortized Cost	57,261	57,401
Gross Unrealized Gains
Gross Unrealized Losses	(192)	(233)
Fair Value	57,069	57,168
Collateralized Mortgage Backed Securities [Member]
Amortized Cost	31,318	33,523
Gross Unrealized Gains	3
Gross Unrealized Losses	(546)	(620)
Fair Value	30,775	32,903
Collateralized Debt Obligations [Member]
Amortized Cost	6,755	6,717
Gross Unrealized Gains
Gross Unrealized Losses	(91)	(95)
Fair Value	$ 6,664	$ 6,622

Note 3 - Securities Available30

Note 3 - Securities Available-for-sale - Securities in a Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2017	Jun. 30, 2017
Fair Value, Less than 12 months	$ 40,675	$ 81,854
Unrealized losses, less than 12 months	(362)	(626)
Fair Value, More than 12 months	50,512	13,332
Unrealized losses, More than 12 months	(467)	(322)
Fair Value	91,187	95,186
Unrealized Losses	(829)	(948)
US Government Agencies Debt Securities [Member]
Fair Value, Less than 12 months	20,961	57,168
Unrealized losses, less than 12 months	(38)	(233)
Fair Value, More than 12 months	36,108
Unrealized losses, More than 12 months	(154)
Fair Value	57,069	57,168
Unrealized Losses	(192)	(233)
Collateralized Mortgage Backed Securities [Member]
Fair Value, Less than 12 months	14,565	19,571
Unrealized losses, less than 12 months	(233)	(298)
Fair Value, More than 12 months	14,404	13,332
Unrealized losses, More than 12 months	(313)	(322)
Fair Value	28,969	32,903
Unrealized Losses	(546)	(620)
Collateralized Debt Obligations [Member]
Fair Value, Less than 12 months	5,149	5,115
Unrealized losses, less than 12 months	(91)	(95)
Fair Value, More than 12 months
Unrealized losses, More than 12 months
Fair Value	5,149	5,115
Unrealized Losses	$ (91)	$ (95)

Note 3 - Securities Available31

Note 3 - Securities Available-for-sale - Securities by Contractual Maturity (Details) $ in Thousands	Sep. 30, 2017USD ($)
Due within one year, amortized cost	$ 42,251
Due within one year, fair value	42,118
Due after one year through five years, amortized cost	24,251
Due after one year through five years, fair value	24,078
Due after five years through ten years, amortized cost	22,077
Due after five years through ten years, fair value	21,648
Due after ten years, amortized cost
Due after ten years, fair value
Total, amortized cost	88,579
Total, fair value	$ 87,844

Note 4 - Loans, Allowance for32

Note 4 - Loans, Allowance for Loan Losses and Credit Quality (Details Textual) xbrli-pure in Thousands		3 Months Ended
		Sep. 30, 2017USD ($)	Jun. 30, 2017USD ($)
Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums		$ 286,000	$ 507,000
Financing Receivable, Modifications, Subsequent Default, Number of Contracts		0
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Carrying Amount, Net	[1]	$ 223,503,000	239,583,000
Loans Held-forsale [Member]
Loans and Leases Receivable, Impaired, Commitment to Lend		0
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Carrying Amount, Net		1,200,000	0
Residential Portfolio Segment [Member]
Mortgage Loans in Process of Foreclosure, Amount		$ 458,000	$ 543,000
[1]	Balances include loans held for sale of $1.2 million at September 30, 2017 and $0 at June 30, 2017.

Note 4 - Loans, Allowance for33

Note 4 - Loans, Allowance for Loan Losses and Credit Quality - Loan Portfolio (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Loans	$ 759,584	$ 779,195
Residential Real Estate, without Home Equity [Member]
Loans	87,072	87,136
Home Equity Portfolio Segment [Member]
Loans	13,052	14,032
Commercial Real Estate Portfolio Segment [Member]
Loans	471,846	498,004
Commercial Portfolio Segment [Member]
Loans	183,493	175,654
Consumer Portfolio Segment [Member]
Loans	4,121	4,369
Originated Loans [Member]
Loans	529,570	532,807
Originated Loans [Member] | Residential Real Estate, without Home Equity [Member]
Loans	83,864	83,759
Originated Loans [Member] | Home Equity Portfolio Segment [Member]
Loans	12,954	13,931
Originated Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans	246,241	256,280
Originated Loans [Member] | Commercial Portfolio Segment [Member]
Loans	182,390	174,468
Originated Loans [Member] | Consumer Portfolio Segment [Member]
Loans	4,121	4,369
Purchased Loans [Member]
Loans	230,014	246,388
Purchased Loans [Member] | Residential Real Estate, without Home Equity [Member]
Loans	3,208	3,377
Purchased Loans [Member] | Home Equity Portfolio Segment [Member]
Loans	98	101
Purchased Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans	225,605	241,724
Purchased Loans [Member] | Commercial Portfolio Segment [Member]
Loans	1,103	1,186
Purchased Loans [Member] | Consumer Portfolio Segment [Member]
Loans

Note 4 - Loans, Allowance for34

Note 4 - Loans, Allowance for Loan Losses and Credit Quality - Summary of Past Due and Non-accrual Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Past due	$ 12,145	$ 13,384
Current	747,439	765,811
Loans	759,584	779,195
Non- Accrual Loans	16,652	13,963
Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	3,016	2,698
Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	2,595	3,703
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	6,534	6,983
Residential Real Estate, without Home Equity [Member]
Loans	87,072	87,136
Home Equity Portfolio Segment [Member]
Loans	13,052	14,032
Commercial Real Estate Portfolio Segment [Member]
Loans	471,846	498,004
Commercial Portfolio Segment [Member]
Loans	183,493	175,654
Consumer Portfolio Segment [Member]
Loans	4,121	4,369
Residential Portfolio Segment [Member]
Loans	100,124	101,168
Originated Loans [Member]
Past due	4,833	7,194
Current	524,737	525,613
Loans	529,570	532,807
Non- Accrual Loans	8,894	6,511
Originated Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	1,942	2,525
Originated Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	593	624
Originated Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	2,298	4,045
Originated Loans [Member] | Residential Real Estate, without Home Equity [Member]
Past due	3,694	2,113
Current	80,170	81,646
Loans	83,864	83,759
Non- Accrual Loans	3,667	3,337
Originated Loans [Member] | Residential Real Estate, without Home Equity [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	1,570	141
Originated Loans [Member] | Residential Real Estate, without Home Equity [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	51	574
Originated Loans [Member] | Residential Real Estate, without Home Equity [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	2,073	1,398
Originated Loans [Member] | Home Equity Portfolio Segment [Member]
Past due	108	107
Current	12,846	13,824
Loans	12,954	13,931
Non- Accrual Loans	58	58
Originated Loans [Member] | Home Equity Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	50	49
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	58
Originated Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Past due	824	2,390
Current	245,417	253,890
Loans	246,241	256,280
Non- Accrual Loans	2,409	413
Originated Loans [Member] | Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	184	2,266
Originated Loans [Member] | Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	517
Originated Loans [Member] | Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	123	124
Originated Loans [Member] | Commercial Portfolio Segment [Member]
Past due	40	2,433
Current	182,350	172,035
Loans	182,390	174,468
Non- Accrual Loans	2,629	2,600
Originated Loans [Member] | Commercial Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	40
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
Originated Loans [Member] | Consumer Portfolio Segment [Member]
Past due	167	151
Current	3,954	4,218
Loans	4,121	4,369
Non- Accrual Loans	131	103
Originated Loans [Member] | Consumer Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	98	69
Originated Loans [Member] | Consumer Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	25	50
Originated Loans [Member] | Consumer Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	44	32
Originated Loans [Member] | Residential Portfolio Segment [Member]
Loans	96,818	97,690
Purchased Loans [Member]
Past due	7,312	6,190
Current	222,702	240,198
Loans	230,014	246,388
Non- Accrual Loans	7,758	7,452
Purchased Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	1,074	173
Purchased Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	2,002	3,079
Purchased Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	4,236	2,938
Purchased Loans [Member] | Residential Real Estate, without Home Equity [Member]
Loans	3,208	3,377
Purchased Loans [Member] | Home Equity Portfolio Segment [Member]
Loans	98	101
Purchased Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Past due	6,153	5,092
Current	219,452	236,632
Loans	225,605	241,724
Non- Accrual Loans	6,653	6,364
Purchased Loans [Member] | Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	979	173
Purchased Loans [Member] | Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	2,002	1,997
Purchased Loans [Member] | Commercial Real Estate Portfolio Segment [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	3,172	2,922
Purchased Loans [Member] | Commercial Portfolio Segment [Member]
Past due
Current	1,103	1,186
Loans	1,103	1,186
Non- Accrual Loans	27	32
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]
Past due	1,159	1,098
Current	2,147	2,380
Loans	3,306	3,478
Non- Accrual Loans	1,078	1,056
Purchased Loans [Member] | Residential Portfolio Segment [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	95
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	$ 1,064	$ 16

Note 4 - Loans, Allowance for35

Note 4 - Loans, Allowance for Loan Losses and Credit Quality - Allowance for Loan Losses by Portfolio Segment (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Beginning balance	$ 3,665	$ 2,350
Provision	354	193
Recoveries	31	18
Charge-offs	(16)	(55)
Ending balance	4,034	2,506
Residential Portfolio Segment [Member] | Originated Loans [Member]
Beginning balance	477	663
Provision	41	(99)
Recoveries	7	2
Charge-offs	(12)	(25)
Ending balance	513	541
Commercial Real Estate Portfolio Segment [Member] | Originated Loans [Member]
Beginning balance	2,312	1,195
Provision	131	226
Recoveries
Charge-offs
Ending balance	2,443	1,421
Commercial Portfolio Segment [Member] | Originated Loans [Member]
Beginning balance	520	297
Provision	189	17
Recoveries	18	5
Charge-offs		(1)
Ending balance	727	318
Consumer Portfolio Segment [Member] | Originated Loans [Member]
Beginning balance	53	62
Provision	(14)	24
Recoveries	6	11
Charge-offs	(4)	(29)
Ending balance	41	68
Purchased Loans [Member]
Beginning balance	303	133
Provision	7	25
Recoveries
Charge-offs
Ending balance	310	158
Unallocated Financing Receivables [Member]
Beginning balance
Provision
Recoveries
Charge-offs
Ending balance

Note 4 - Loans, Allowance for36

Note 4 - Loans, Allowance for Loan Losses and Credit Quality - Allowance for Loan Losses by Portfolio Segment and Impairment Methodology (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017	Sep. 30, 2016	Jun. 30, 2016
Allowance for loan losses, individually evaluated	$ 576	$ 552
Allowance for loan losses, collectively evaluated	3,148	2,810
Allowance for loan losses, ASC 310-30	310	303
Allowance for loan losses	4,034	3,665	$ 2,506	$ 2,350
Loans, individually evaluated	12,569	10,425
Loans, collectively evaluated	517,001	522,382
Loans, ASC 310-30	230,014	246,388
Loans	759,584	779,195
Originated Loans [Member]
Loans	529,570	532,807
Residential Portfolio Segment [Member]
Loans	100,124	101,168
Residential Portfolio Segment [Member] | Originated Loans [Member]
Allowance for loan losses, individually evaluated	280	252
Allowance for loan losses, collectively evaluated	233	225
Allowance for loan losses, ASC 310-30
Allowance for loan losses	513	477	541	663
Loans, individually evaluated	5,739	5,676
Loans, collectively evaluated	91,079	92,014
Loans, ASC 310-30
Loans	96,818	97,690
Commercial Real Estate Portfolio Segment [Member]
Loans	471,846	498,004
Commercial Real Estate Portfolio Segment [Member] | Originated Loans [Member]
Allowance for loan losses, individually evaluated	142	147
Allowance for loan losses, collectively evaluated	2,301	2,165
Allowance for loan losses, ASC 310-30
Allowance for loan losses	2,443	2,312	1,421	1,195
Loans, individually evaluated	3,817	1,759
Loans, collectively evaluated	242,424	254,521
Loans, ASC 310-30
Loans	246,241	256,280
Commercial Portfolio Segment [Member]
Loans	183,493	175,654
Commercial Portfolio Segment [Member] | Originated Loans [Member]
Allowance for loan losses, individually evaluated	153	149
Allowance for loan losses, collectively evaluated	574	371
Allowance for loan losses, ASC 310-30
Allowance for loan losses	727	520	318	297
Loans, individually evaluated	2,696	2,694
Loans, collectively evaluated	179,694	171,774
Loans, ASC 310-30
Loans	182,390	174,468
Consumer Portfolio Segment [Member]
Loans	4,121	4,369
Consumer Portfolio Segment [Member] | Originated Loans [Member]
Allowance for loan losses, individually evaluated	1	4
Allowance for loan losses, collectively evaluated	40	49
Allowance for loan losses, ASC 310-30
Allowance for loan losses	41	53	68	62
Loans, individually evaluated	317	296
Loans, collectively evaluated	3,804	4,073
Loans, ASC 310-30
Loans	4,121	4,369
Purchased Loans [Member]
Allowance for loan losses, individually evaluated
Allowance for loan losses, collectively evaluated
Allowance for loan losses, ASC 310-30	310	303
Allowance for loan losses	310	303	158	133
Loans, individually evaluated
Loans, collectively evaluated
Loans, ASC 310-30	230,014	246,388
Loans	230,014	246,388
Unallocated Financing Receivables [Member]
Allowance for loan losses, individually evaluated
Allowance for loan losses, collectively evaluated
Allowance for loan losses, ASC 310-30
Allowance for loan losses
Loans, individually evaluated
Loans, collectively evaluated
Loans, ASC 310-30
Loans

Note 4 - Loans, Allowance for37

Note 4 - Loans, Allowance for Loan Losses and Credit Quality - Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Jun. 30, 2017
Recorded investment, with no related allowance	$ 18,829		$ 16,315
Unpaid principal balance, with no related allowance	21,731		19,211
Recorded investment, with related allowance	7,518		7,516
Unpaid principal balance, with related allowance	7,872		7,899
Related allowance	812		783
Collateral dependent impaired loans	26,347		23,831
Unpaid principal balance	29,603		27,110
Average recorded investment, with no related allowance	17,575	$ 10,477
Interest income recognized, with no related allowance	252	118
Average recorded investment, with related allowance	7,518	4,499
Interest income recognized, with related allowance	75	53
Average recorded investment	25,093	14,976
Interest income recognized	327	171
Residential Portfolio Segment [Member] | Originated Loans [Member]
Recorded investment, with no related allowance	4,136		4,052
Unpaid principal balance, with no related allowance	4,162		4,084
Recorded investment, with related allowance	1,603		1,624
Unpaid principal balance, with related allowance	1,577		1,595
Related allowance	280		252
Average recorded investment, with no related allowance	4,095	3,730
Interest income recognized, with no related allowance	36	49
Average recorded investment, with related allowance	1,614	1,685
Interest income recognized, with related allowance	21	16
Residential Portfolio Segment [Member] | Purchased Loans [Member]
Recorded investment, with no related allowance	1,078		1,056
Unpaid principal balance, with no related allowance	1,121		1,099
Average recorded investment, with no related allowance	1,067	1,117
Interest income recognized, with no related allowance		3
Consumer Portfolio Segment [Member] | Originated Loans [Member]
Recorded investment, with no related allowance	293		250
Unpaid principal balance, with no related allowance	321		271
Recorded investment, with related allowance	24		46
Unpaid principal balance, with related allowance	27		55
Related allowance	1		4
Average recorded investment, with no related allowance	272	243
Interest income recognized, with no related allowance	6	3
Average recorded investment, with related allowance	35	104
Interest income recognized, with related allowance	1	2
Commercial Real Estate Portfolio Segment [Member] | Originated Loans [Member]
Recorded investment, with no related allowance	2,426		359
Unpaid principal balance, with no related allowance	2,420		354
Recorded investment, with related allowance	1,391		1,400
Unpaid principal balance, with related allowance	1,380		1,388
Related allowance	142		147
Average recorded investment, with no related allowance	1,393	447
Interest income recognized, with no related allowance	93	8
Average recorded investment, with related allowance	1,396	1,179
Interest income recognized, with related allowance	22	18
Commercial Real Estate Portfolio Segment [Member] | Purchased Loans [Member]
Recorded investment, with no related allowance	9,039		8,696
Unpaid principal balance, with no related allowance	11,817		11,468
Recorded investment, with related allowance	3,540		3,528
Unpaid principal balance, with related allowance	3,914		3,929
Related allowance	182		176
Average recorded investment, with no related allowance	8,868	4,736
Interest income recognized, with no related allowance	80	52
Average recorded investment, with related allowance	3,534	1,529
Interest income recognized, with related allowance	27	17
Commercial Portfolio Segment [Member] | Originated Loans [Member]
Recorded investment, with no related allowance	1,830		1,870
Unpaid principal balance, with no related allowance	1,830		1,870
Recorded investment, with related allowance	866		824
Unpaid principal balance, with related allowance	866		824
Related allowance	153		149
Average recorded investment, with no related allowance	1,850	180
Interest income recognized, with no related allowance	37	3
Average recorded investment, with related allowance	845	2
Interest income recognized, with related allowance	4
Commercial Portfolio Segment [Member] | Purchased Loans [Member]
Recorded investment, with no related allowance	27		32
Unpaid principal balance, with no related allowance	60		65
Recorded investment, with related allowance	94		94
Unpaid principal balance, with related allowance	108		108
Related allowance	54		$ 55
Average recorded investment, with no related allowance	30	24
Interest income recognized, with no related allowance
Average recorded investment, with related allowance	94
Interest income recognized, with related allowance

Note 4 - Loans, Allowance for38

Note 4 - Loans, Allowance for Loan Losses and Credit Quality - Loans by Risk Rating (Details) - USD ($) $ in Thousands		Sep. 30, 2017	Jun. 30, 2017
Loans by risk rating		$ 674,796	$ 688,069
Originated Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans by risk rating		246,241	256,281
Originated Loans [Member] | Commercial Portfolio Segment [Member]
Loans by risk rating		182,390	174,468
Originated Loans [Member] | Residential Portfolio Segment [Member]
Loans by risk rating	[1]	16,151	10,932
Purchased Loans [Member]
Loans by risk rating		230,014	246,388
Pass [Member]
Loans by risk rating		649,485	664,220
Pass [Member] | Originated Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans by risk rating		240,696	253,041
Pass [Member] | Originated Loans [Member] | Commercial Portfolio Segment [Member]
Loans by risk rating		179,056	171,160
Pass [Member] | Originated Loans [Member] | Residential Portfolio Segment [Member]
Loans by risk rating	[1]	15,282	10,039
Pass [Member] | Purchased Loans [Member]
Loans by risk rating		214,451	229,980
Special Mention [Member]
Loans by risk rating		13,824	14,862
Special Mention [Member] | Originated Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans by risk rating		2,999	2,686
Special Mention [Member] | Originated Loans [Member] | Commercial Portfolio Segment [Member]
Loans by risk rating		2,512	2,483
Special Mention [Member] | Originated Loans [Member] | Residential Portfolio Segment [Member]
Loans by risk rating	[1]	69	71
Special Mention [Member] | Purchased Loans [Member]
Loans by risk rating		8,244	9,622
Substandard [Member]
Loans by risk rating		11,468	8,968
Substandard [Member] | Originated Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans by risk rating		2,546	554
Substandard [Member] | Originated Loans [Member] | Commercial Portfolio Segment [Member]
Loans by risk rating		822	825
Substandard [Member] | Originated Loans [Member] | Residential Portfolio Segment [Member]
Loans by risk rating	[1]	781	803
Substandard [Member] | Purchased Loans [Member]
Loans by risk rating		7,319	6,786
Doubtful [Member]
Loans by risk rating		19	19
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	19
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 of the Company's loans made for commercial purposes, but secured by residential collateral, are rated under the Company's risk-rating system.

Note 4 - Loans, Allowance for39

Note 4 - Loans, Allowance for Loan Losses and Credit Quality - TDRs by Type of Modification (Details) $ in Thousands	3 Months Ended
	Sep. 30, 2017USD ($)	Sep. 30, 2016USD ($)
Number of Contracts	2	2
Recorded Investment	$ 673	$ 343
Extended Maturity [Member]
Number of Contracts	1
Recorded Investment	$ 18
Contractual Interest Rate Reduction [Member]
Number of Contracts		1
Recorded Investment		$ 9
Rate and Maturity [Member]
Number of Contracts		1
Recorded Investment		$ 334
Principal Forgiveness [Member]
Number of Contracts	1
Recorded Investment	$ 655
Court Ordered Concession [Member]
Number of Contracts
Recorded Investment

Note 4 - Loans, Allowance for40

Note 4 - Loans, Allowance for Loan Losses and Credit Quality - TDRs Pre- and Post-modification (Details) $ in Thousands	3 Months Ended
	Sep. 30, 2017USD ($)	Sep. 30, 2016USD ($)
Number of Contracts	2	2
Recorded Investment Pre-Modification	$ 673	$ 343
Recorded Investment	$ 673	$ 343
Originated Loans [Member]
Number of Contracts	2	1
Recorded Investment Pre-Modification	$ 673	$ 9
Recorded Investment	$ 673	$ 9
Purchased Loans [Member]
Number of Contracts		1
Recorded Investment Pre-Modification		$ 334
Recorded Investment		$ 334
Residential Portfolio Segment [Member] | Originated Loans [Member]
Number of Contracts	1	1
Recorded Investment Pre-Modification	$ 18	$ 9
Recorded Investment	$ 18	$ 9
Residential Portfolio Segment [Member] | Purchased Loans [Member]
Number of Contracts
Recorded Investment Pre-Modification
Recorded Investment
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
Recorded Investment Pre-Modification
Recorded Investment
Commercial Real Estate Portfolio Segment [Member] | Purchased Loans [Member]
Number of Contracts		1
Recorded Investment Pre-Modification		$ 334
Recorded Investment		$ 334
Commercial Portfolio Segment [Member] | Originated Loans [Member]
Number of Contracts	1
Recorded Investment Pre-Modification	$ 655
Recorded Investment	$ 655
Consumer Portfolio Segment [Member] | Originated Loans [Member]
Number of Contracts
Recorded Investment Pre-Modification
Recorded Investment

Note 4 - Loans, Allowance for41

Note 4 - Loans, Allowance for Loan Losses and Credit Quality - Loans Acquired Accounted for Under ASC 310-30 (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Contractually required payments receivable	$ 5,912	$ 26,254
Nonaccretable difference	(157)	(2,517)
Cash flows expected to be collected	5,755	23,737
Accretable yield	(2,104)	(9,884)
Fair value of loans acquired	$ 3,651	$ 13,853

Note 4 - Loans, Allowance for42

Note 4 - Loans, Allowance for Loan Losses and Credit Quality - Loans Acquired Not Accounted for Using the Income Recognition Model (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Loans acquired during the period		$ 1,103
Loans at end of period	6,032	4,439
Beginning balance	131,197	124,151
Acquisitions	2,104	9,884
Accretion	(4,425)	(4,652)
Reclassifications from non-accretable difference to accretable yield	3,428	(1,105)
Disposals and other changes	(9,381)	(4,255)
Ending balance	$ 122,923	$ 124,023

Note 4 - Loans, Allowance for43

Note 4 - Loans, Allowance for Loan Losses and Credit Quality - Unpaid Principal Balance and Carrying Amounts of ASC 310-30 Loans (Details) - USD ($) $ in Thousands		Sep. 30, 2017	Jun. 30, 2017
Unpaid principal balance	[1]	$ 252,516	$ 271,709
Carrying amount	[1]	$ 223,503	$ 239,583
[1]	Balances include loans held for sale of $1.2 million at September 30, 2017 and $0 at June 30, 2017.

Note 5 - Transfers and Servic44

Note 5 - Transfers and Servicing of Financial Assets (Details Textual) - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Sep. 30, 2017	Sep. 30, 2016	Jun. 30, 2017
Servicing Asset at Amortized Cost	$ 2,955		$ 2,846
Contractually Specified Servicing Fees, Amount	262	$ 160
Mortgage Loans [Member]
Proceeds from Sale of Loans Held-for-investment	19,200	25,000
Mortgage Servicing Rights [Member]
Proceeds from Sale of Mortgage Servicing Rights (MSR)	$ 9,900		10,700
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	14.40%
Commercial Loan [Member]
Proceeds from Sale of Mortgage Servicing Rights (MSR)	$ 27,300		25,200
SBA [Member]
Proceeds from Sale of Loans Held-for-investment	9,100	$ 7,400
Proceeds from Sale of Mortgage Servicing Rights (MSR)	$ 148,600		$ 144,400
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	10.10%
SBA [Member] | Maximum [Member]
Assumption for Fair Value of Assets or Liabilities that relate to Transferor's Continuing Involvement, Discount Rate	14.90%

Note 6 - Earnings Per Share (45

Note 6 - Earnings Per Share (EPS) - Number of Shared Outstanding for Basic and Diluted EPS (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Net income	$ 4,586	$ 1,751
Basic (in shares)	8,841,511	9,106,144
Incremental shares from assumed exercise of dilutive securities (in shares)	248,425	27,239
Weighted average shares used in calculation of diluted EPS (in shares)	9,089,936	9,133,383
Basic (in dollars per share)	$ 0.52	$ 0.19
Diluted (in dollars per share)	$ 0.50	$ 0.19

Note 6 - Earnings Per Share (46

Note 6 - Earnings Per Share (EPS) - Average Anti-dilutive Options and Warrants (Details) - shares	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Employee Stock Option [Member]
Stock options (in shares)	81,004	714,545

Note 7 - Derivatives and Hedg47

Note 7 - Derivatives and Hedging Activities (Details Textual) xbrli-pure in Thousands, $ in Millions	3 Months Ended
	Sep. 30, 2017USD ($)	Sep. 30, 2016
Derivative, Collateral, Right to Reclaim Cash	$ 1.7
Interest Rate Cap [Member]
Derivative, Number of Contracts Terminated Prior to Maturity	0	0
Interest Rate Swap [Member]
Derivative, Number of Contracts Terminated Prior to Maturity	0	0

Note 7 - Derivatives and Hedg48

Note 7 - Derivatives and Hedging Activities - Interest Rate Caps and Swap Agreements Used to Hedge Variable Rate Debt (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2017	Jun. 30, 2017
Notional Amount	$ 31,000	$ 31,000
Unrealized Loss	1,638	1,683
Fair Value	(1,315)	(1,337)
Unrealized Loss	(1,638)	(1,683)
Interest Rate Swaps Terminating in July 2033 [Member] | Other Liabilities [Member]
Notional Amount	$ 5,000	$ 5,000
Index	3 Mo. LIBOR	3 Mo. LIBOR
Receive Rate	1.33%	1.30%
Pay Rate	3.38%	3.38%
Unrealized Loss	$ 657	$ 666
Fair Value	(657)	(666)
Unrealized Loss	(657)	(666)
Interest Rate Swaps Terminating in July 2028 [Member] | Other Liabilities [Member]
Notional Amount	$ 5,000	$ 5,000
Index	3 Mo. LIBOR	3 Mo. LIBOR
Receive Rate	1.33%	1.30%
Pay Rate	3.23%	3.23%
Unrealized Loss	$ 463	$ 471
Fair Value	(463)	(471)
Unrealized Loss	(463)	(471)
Interest Rate Swaps Terminating in July 2023 [Member] | Other Liabilities [Member]
Notional Amount	$ 5,000	$ 5,000
Index	3 Mo. LIBOR	3 Mo. LIBOR
Receive Rate	1.33%	1.30%
Pay Rate	2.77%	2.77%
Unrealized Loss	$ 205	$ 218
Fair Value	(205)	(218)
Unrealized Loss	(205)	(218)
Interest Rate Caps Terminating in September 2019 [Member] | Other Assets [Member]
Notional Amount	$ 6,000	$ 6,000
Index	3 Mo. LIBOR	3 Mo. LIBOR
Unrealized Loss	$ 131	$ 142
Strike Rate	2.50%	2.50%
Fair Value	$ 2	$ 4
Unrealized Loss	(131)	(142)
Interest Rate Caps Terminating in February 2020 [Member] | Other Assets [Member]
Notional Amount	$ 10,000	$ 10,000
Index	3 Mo. LIBOR	3 Mo. LIBOR
Unrealized Loss	$ 182	$ 186
Strike Rate	2.50%	2.50%
Fair Value	$ 8	$ 14
Unrealized Loss	$ (182)	$ (186)

Note 8 - Other Comprehensive 49

Note 8 - Other Comprehensive Income - Components of Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Change in net unrealized loss on available-for-sale securities	$ 122	$ (78)
Change in net unrealized gain or loss on available-for-sale securities, tax expense (benefit)	45	(30)
Change in net unrealized gain or loss on available-for-sale securities, after-tax amount	77	(48)
Change in accumulated loss on effective cash flow hedges	22	154
Change in accumulated gain (loss) on effective cash flow hedges, tax expense (benefit)	9	61
Change in accumulated gain (loss) on effective cash flow hedges, after-tax amount	13	93
Reclassification adjustments included in net income, pre tax	23
Reclassification adjustments included in net income, tax expense (benefit)	9
Reclassification adjustments included in net income, after-tax amount	14
Total derivatives and hedging activities, pre tax	45	154
Total derivatives and hedging activities, tax expense (benefit)	18	61
Total derivatives and hedging activities, after-tax amount	27	93
Total other comprehensive gain (loss), pre tax	167	76
Total other comprehensive gain (loss), tax expense (benefit)	63	31
Total other comprehensive gain (loss), after-tax amount	$ 104	$ 45

Note 8 - Other Comprehensive 50

Note 8 - Other Comprehensive Income - Components of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017	Jun. 30, 2016
After- tax amount	$ (1,528)	$ (1,632)	$ (1,632)
Accumulated other comprehensive loss	(1,528)	$ (1,632)	(1,632)
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]
Unrealized loss on available-for-sale securities	(826)		(948)
Unrealized loss on available-for-sale securities, tax effect	314		360
After- tax amount	(512)		(588)
Accumulated other comprehensive loss	(512)		(588)
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Unrealized loss on available-for-sale securities	(1,638)		(1,683)
Unrealized loss on available-for-sale securities, tax effect	622		639
After- tax amount	(1,016)		(1,044)
Accumulated other comprehensive loss	$ (1,016)		$ (1,044)

Note 9 - Commitments and Cont51

Note 9 - Commitments and Contingencies (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2017	Sep. 30, 2017	Jun. 30, 2016
Loss Contingency, Estimate of Possible Loss	$ 39	$ 74
CRA Qualified Investment [Member]
Fair Value Disclosure, Off-balance Sheet Risks, Face Amount, Liability	1,000		$ 2,500
Off-balance Sheet Liability, Funds Called	$ 1,500

Note 9 - Commitments and Cont52

Note 9 - Commitments and Contingencies - Financial Instruments With Contract Amounts That Represent Credit Risk (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017	Jun. 30, 2016
Commitments to Originate Loans [Member]
Financial instruments which represent credit risks	$ 34,628	$ 15,244
Unfunded Commitments Under Lines of Credit [Member]
Financial instruments which represent credit risks	44,078	31,858
Standby Letters of Credit Risk [Member]
Financial instruments which represent credit risks	3,400	3,400
CRA Qualified Investment [Member]
Financial instruments which represent credit risks		$ 1,000	$ 2,500

Note 10 - Stock-based Compens53

Note 10 - Stock-based Compensation (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2017	Sep. 30, 2016
Income Tax Expense (Benefit)	$ 1,615	$ 1,013
Accounting Standards Update 2016-09 [Member]
Income Tax Expense (Benefit)	$ (818)

Note 11 - Fair Value Measurem54

Note 11 - Fair Value Measurements (Details Textual)	3 Months Ended
	Sep. 30, 2017
Market Approach Valuation Technique [Member] | Minimum [Member]
Fair Value Inputs, Underlying Collateral On Impaired Loans	8.00%
Market Approach Valuation Technique [Member] | Maximum [Member]
Fair Value Inputs, Underlying Collateral On Impaired Loans	75.00%
Income Approach Valuation Technique [Member] | Minimum [Member]
Fair Value Inputs, Prepayment Rate	3.80%
Fair Value Inputs, Discount Rate	7.30%
Income Approach Valuation Technique [Member] | Maximum [Member]
Fair Value Inputs, Prepayment Rate	14.40%
Fair Value Inputs, Discount Rate	14.90%

Note 11 - Fair Value Measurem55

Note 11 - Fair Value Measurements - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands		Sep. 30, 2017	Jun. 30, 2017
Available-for-sale securities, at fair value		$ 94,508	$ 96,693
Interest rate swaps		1,315	1,337
US Government Agencies Debt Securities [Member]
Available-for-sale securities, at fair value		57,069	57,168
Collateralized Mortgage Backed Securities [Member]
Available-for-sale securities, at fair value		30,775	32,903
Fair Value, Measurements, Recurring [Member] | Interest Rate Cap [Member]
Interest rate caps		10	18
Fair Value, Measurements, Recurring [Member] | Interest Rate Swap [Member]
Interest rate swaps		1,325	1,355
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		10	18
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Rate Swap [Member]
Interest rate swaps		1,325	1,355
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		57,069	57,168
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		57,069	57,168
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		30,775	32,903
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		30,775	32,903
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]	6,664	6,622
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 are intended to permit reconciliation of the fair value amount to the consolidated financial statements.

Note 11 - Fair Value Measurem56

Note 11 - Fair Value Measurements - Assets Measured at Fair Value on a Nonrecurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2017	Jun. 30, 2017
Collateral dependent impaired loans	$ 26,347	$ 23,831
Real estate owned and other repossessed collateral, net	2,040	826
Fair Value, Measurements, Nonrecurring [Member]
Collateral dependent impaired loans	1,064	1,011
Real estate owned and other repossessed collateral, net	2,040	826
Loan servicing rights	2,955	2,846
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 1 [Member]
Collateral dependent impaired loans
Real estate owned and other repossessed collateral, net
Loan servicing rights
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 2 [Member]
Collateral dependent impaired loans
Real estate owned and other repossessed collateral, net
Loan servicing rights
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Collateral dependent impaired loans	1,064	1,011
Real estate owned and other repossessed collateral, net	2,040	826
Loan servicing rights	$ 2,955	$ 2,846

Note 11 - Fair Value Measurem57

Note 11 - Fair Value Measurements - Quantitative Information (Details) - USD ($) $ in Thousands		Sep. 30, 2017	Jun. 30, 2017
Market Approach Valuation Technique [Member] | Collateral Dependent Impaired Loans [Member]
Assets measured at fair value on a nonrecurring basis	[1]	$ 1,064	$ 1,011
Market Approach Valuation Technique [Member] | Real Estate Owned and Other Repossessed Collateral [Member]
Assets measured at fair value on a nonrecurring basis	[1]	2,040	826
Income Approach Valuation Technique [Member] | Loan Servicing Rights [Member]
Assets measured at fair value on a nonrecurring basis	[2]	$ 2,955	$ 2,846
[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 8% to 75%.
[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 14.4%. For discount rates, the range was 7.3% to 14.9%.

Note 11 - Fair Value Measurem58

Note 11 - Fair Value Measurements - Estimated Fair Value of the Company's Financial Instruments (Details) - USD ($) $ in Thousands		Sep. 30, 2017	Jun. 30, 2017
Financial assets:
Available-for-sale securities, at fair value		$ 94,508	$ 96,693
Financial liabilities:
Interest rate swaps		1,315	1,337
Reported Value Measurement [Member]
Financial assets:
Cash and cash equivalents		150,815	163,283
Available-for-sale securities, at fair value		87,844	90,071
Other investments measured at net asset value(1)	[1]	6,664	6,622
Federal Home Loan Bank stock		1,938	1,938
Loans held for sale		9,506	4,699
Loans, net		755,550	775,530
Accrued interest receivable		2,224	2,111
Financial liabilities:
Deposits		862,723	889,850
Federal Home Loan Bank advances		20,004	20,011
Capital lease obligation		808	873
Subordinated debentures		23,705	23,620
Reported Value Measurement [Member] | Interest Rate Cap [Member]
Financial assets:
Interest rate caps		10	18
Reported Value Measurement [Member] | Interest Rate Swap [Member]
Financial liabilities:
Interest rate swaps		1,325	1,355
Estimate of Fair Value Measurement [Member]
Financial assets:
Cash and cash equivalents		150,815	163,283
Available-for-sale securities, at fair value		87,844	90,071
Other investments measured at net asset value(1)	[1]	6,664	6,622
Federal Home Loan Bank stock		1,938	1,938
Loans held for sale		9,506	4,699
Loans, net		756,956	776,579
Accrued interest receivable		2,224	2,111
Financial liabilities:
Deposits		862,900	889,877
Federal Home Loan Bank advances		20,021	20,057
Capital lease obligation		845	918
Subordinated debentures		25,928	25,677
Estimate of Fair Value Measurement [Member] | Interest Rate Cap [Member]
Financial assets:
Interest rate caps		10	18
Estimate of Fair Value Measurement [Member] | Interest Rate Swap [Member]
Financial liabilities:
Interest rate swaps		1,325	1,355
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Financial assets:
Cash and cash equivalents		150,815	163,283
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
Accrued interest receivable
Financial liabilities:
Deposits
Federal Home Loan Bank advances
Capital lease obligation
Subordinated debentures
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:
Cash and cash equivalents
Available-for-sale securities, at fair value		87,844	90,071
Other investments measured at net asset value(1)	[1]
Federal Home Loan Bank stock		1,938	1,938
Loans held for sale		9,506	4,699
Loans, net
Accrued interest receivable		2,224	2,111
Financial liabilities:
Deposits		862,900	889,877
Federal Home Loan Bank advances		20,021	20,057
Capital lease obligation		845	918
Subordinated debentures
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Rate Cap [Member]
Financial assets:
Interest rate caps		10	18
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Rate Swap [Member]
Financial liabilities:
Interest rate swaps		1,325	1,355
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Financial assets:
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		756,956	776,579
Accrued interest receivable
Financial liabilities:
Deposits
Federal Home Loan Bank advances
Capital lease obligation
Subordinated debentures		25,928	25,677
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 are intended to permit reconciliation of the fair value amount to the consolidated financial statements.