WVS Financial (WVFC) 10-K 13 Sep 18 2018 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Jun. 30, 2018	Sep. 07, 2018	Dec. 31, 2017
Document and Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Jun. 30, 2018
Entity Registrant Name	WVS FINANCIAL CORP
Entity Central Index Key	910,679
Current Fiscal Year End Date	--06-30
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2,018
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		1,967,513
Entity Current Reporting Status	Yes
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Public Float			$ 22,500,000

CONSOLIDATED BALANCE SHEET

CONSOLIDATED BALANCE SHEET - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
ASSETS
Cash and due from banks	$ 2,099	$ 1,944
Interest-earning demand deposits	342	328
Total cash and cash equivalents	2,441	2,272
Certificates of deposit	350	10,380
Investment securities available for sale (amortized cost of $128,824 and $108,380)	128,811	108,449
Investment securities held to maturity (fair value of $6,125 and $8,815)	6,181	8,678
Mortgage-backed securities held to maturity (fair value of $116,844 and $130,181)	115,857	129,321
Net loans receivable (allowance for loan losses of $468 and $418)	84,675	77,455
Accrued interest receivable	1,225	1,206
Federal Home Loan Bank stock, at cost	7,161	7,062
Premises and equipment (net)	392	454
Bank owned life insurance	4,668	4,541
Deferred tax assets (net)	359	437
Other assets	168	1,354
TOTAL ASSETS	352,288	351,609
LIABILITIES
Deposits	145,023	145,289
Federal Home Loan Bank advances: short-term	171,403	155,799
Federal Home Loan Bank advances: long-term - fixed rate		10,000
Federal Home Loan Bank advances: long-term - variable rate		6,109
Accrued interest payable	380	247
Other liabilities	1,465	1,122
TOTAL LIABILITIES	318,271	318,566
STOCKHOLDERS' EQUITY
Preferred stock, no par value; 5,000,000 shares authorized; none outstanding
Common stock, par value $0.01; 10,000,000 shares authorized; 3,805,636 shares issued	38	38
Additional paid-in capital	21,516	21,485
Treasury stock (1,836,123 and 1,797,492 shares at cost)	(27,886)	(27,264)
Retained earnings - substantially restricted	42,795	41,344
Accumulated other comprehensive loss	(188)	(188)
Unallocated Employee Stock Ownership Plan ("ESOP") shares	(2,258)	(2,372)
TOTAL STOCKHOLDERS' EQUITY	34,017	33,043
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 352,288	$ 351,609

CONSOLIDATED BALANCE SHEET (Par

CONSOLIDATED BALANCE SHEET (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
ASSETS
Investment securities available-for-sale, amortized cost	$ 128,824	$ 108,380
Investment securities held-to-maturity, fair value	6,125	8,815
Mortgage-backed securities held-to-maturity, fair value	116,844	130,181
Net loans receivable, allowance for loan losses	$ 468	$ 418
STOCKHOLDERS' EQUITY
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, no par value per share	$ 0	$ 0
Preferred stock, shares outstanding	0	0
Common stock, shares authorized	10,000,000	10,000,000
Common stock, par value per share	$ 0.01	$ 0.01
Common stock, shares issued	3,805,636	3,805,636
Treasury stock, shares at cost	1,836,123	1,797,492

CONSOLIDATED STATEMENT OF INCOM

CONSOLIDATED STATEMENT OF INCOME - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
INTEREST AND DIVIDEND INCOME
Loans, including fees	$ 2,983	$ 2,721	$ 2,324
Investment securities	3,036	2,131	1,989
Mortgage-backed securities	3,130	2,333	2,155
Certificates of deposit	72	124	7
Interest-earning demand deposits	10	3	1
Federal Home Loan Bank stock	439	329	336
Trading securities		5
Total interest and dividend income	9,670	7,646	6,812
INTEREST EXPENSE
Deposits	406	245	210
Federal Home Loan Bank advances - short-term	2,675	1,118	238
Federal Home Loan Bank advances - long-term - variable rate	11	65	408
Federal Home Loan Bank advances - long-term - fixed rate	32	426	561
Other short-term borrowings			14
Total interest expense	3,124	1,854	1,431
NET INTEREST INCOME	6,546	5,792	5,381
PROVISION FOR LOAN LOSSES	50	58	56
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	6,496	5,734	5,325
NONINTEREST INCOME
Service charges on deposits	126	136	154
Earnings on bank owned life insurance	126	131	134
Investment securities gains	2		31
Market losses on trading securities		(31)
Other than temporary impairment losses	86
Portion of loss recognized in other comprehensive income	(100)
Net impairment losses recognized in earnings	(14)
ATM fee income	180	191	198
Other	50	63	55
Total noninterest income	470	490	572
NONINTEREST EXPENSE
Salaries and employee benefits	2,274	2,264	2,243
Occupancy and equipment	310	323	329
Data processing	220	222	220
Correspondent bank charges	40	38	38
Federal deposit insurance premium	108	111	194
ATM network expense	106	127	124
Other	655	654	625
Total noninterest expense	3,713	3,739	3,773
INCOME BEFORE INCOME TAXES	3,253	2,485	2,124
INCOME TAX EXPENSE	1,128	848	799
NET INCOME	$ 2,125	$ 1,637	$ 1,325
EARNINGS PER SHARE:
Basic	$ 1.16	$ 0.87	$ 0.69
Diluted	$ 1.16	$ 0.87	$ 0.69
AVERAGE SHARES OUTSTANDING:
Basic	1,826,893	1,873,790	1,910,538
Diluted	1,827,260	1,873,790	1,910,538

CONSOLIDATED STATEMENT OF COMPR

CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Statement of Comprehensive Income [Abstract]
Net income	$ 2,125	$ 1,637	$ 1,325
Investment securities available for sale not other-than-temporarily impaired:
Gains (losses) arising during the year	(80)	(51)	202
LESS: Income tax effect	4	17	69
Net gains (losses)	(76)	(34)	133
Gains recognized in earnings	(2)		(31)
LESS: Income tax effect			(11)
Net gains recognized in earnings	(2)		(20)
Unrealized holding gains (losses) on investment securities available for sale not other-than-temporarily impaired, net of tax	(78)	(34)	113
Investment securities held to maturity other-than-temporarily impaired:
Total losses	86
Losses recognized in earnings	14
Gains (losses) recognized in comprehensive income	100
LESS: Income tax effect	27
Net gains (losses) recognized in comprehensive income after income tax effect	73
Accretion of other comprehensive loss on other-than-temporarily impaired securities held to maturity	28	127	166
LESS: Income tax effect	8	43	56
Unrealized holding gains on other-than-temporarily impaired securities held to maturity, net of tax	20	84	110
Other comprehensive income	15	50	223
COMPREHENSIVE INCOME	$ 2,140	$ 1,687	$ 1,548

CONSOLIDATED STATEMENT OF STOCK

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-In Capital [Member]	Treasury Stock [Member]	Retained Earnings Substantially Restricted [Member]	Accumulated Other Comprehensive Income (Loss) [Member]	Unallocated Employee Stock Ownership Plan Shares [Member]	Total
Balance at Jun. 30, 2015	$ 38	$ 21,485	$ (26,886)	$ 39,353	$ (461)	$ (1,486)	$ 32,043
Net Income				1,325			1,325
Other comprehensive income (loss)					223		223
Purchase of treasury stock			(19)				(19)
Increase in unallocated ESOP shares						(50)	(50)
Amortization of unallocated ESOP shares						52	52
Cash dividends declared				(489)			(489)
Balance at Jun. 30, 2016	38	21,485	(26,905)	40,189	(238)	(1,484)	33,085
Net Income				1,637			1,637
Other comprehensive income (loss)					50		50
Purchase of treasury stock			(359)				(359)
Increase in unallocated ESOP shares						(1,109)	(1,109)
Amortization of unallocated ESOP shares						221	221
Cash dividends declared				(482)			(482)
Balance at Jun. 30, 2017	38	21,485	(27,264)	41,344	(188)	(2,372)	33,043
Reclassification due to change in federal income tax rate				15	(15)
Net Income				2,125			2,125
Other comprehensive income (loss)					15		15
Purchase of treasury stock			(622)				(622)
Increase in unallocated ESOP shares						(32)	(32)
Amortization of unallocated ESOP shares						146	177
Cash dividends declared				(689)			(689)
Balance at Jun. 30, 2018	$ 38	$ 21,516	$ (27,886)	$ 42,796	$ (188)	$ (2,258)	$ 34,017

CONSOLIDATED STATEMENT OF STOC7

CONSOLIDATED STATEMENT OF STOCKHOLDERS' EQUITY (Parenthetical) - $ / shares	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Statement of Stockholders' Equity [Abstract]
Cash dividends declared, per share	$ 0.32	$ 0.24	$ 0.24
Purchase of treasury stock, shares	38,631	30,985	1,590

CONSOLIDATED STATEMENT OF CASH

CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
OPERATING ACTIVITIES
Net income	$ 2,125	$ 1,637	$ 1,325
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	50	58	56
Depreciation	78	97	98
Investment securities gains	(2)		(31)
Amortization of discounts, premiums, and deferred loan fees, net	581	1,803	2,220
Amortization of unallocated ESOP shares	177	221	52
Trading losses		31
Purchases of trading securities		(961)
Sale of trading securities		960
Deferred income taxes	65	(58)	3
Earnings on bank owned life insurance	(126)	(131)	(134)
Decrease (increase) in accrued interest receivable	(19)	302	(310)
Increase in accrued interest payable	133	58	33
Increase (decrease) in deferred director compensation payable	59	29	(107)
Decrease (increase) in cash items in process of collection	1,230	(1,230)
Other, net	222	83	88
Net cash provided by operating activities	4,573	2,898	3,293
Available for sale:
Purchase of investment securities	(64,664)	(99,794)	(72,318)
Proceeds from repayments of investment securities	42,331	97,203	21,137
Proceeds from sales of investment securities	1,257		6,354
Held to maturity:
Purchase of investment securities			(9,358)
Purchase of mortgage-backed securities		(21,954)	(6,750)
Proceeds from repayments of investment securities	2,483	833	36,466
Proceeds from repayments of mortgage-backed securities	13,599	30,207	32,191
Purchase of certificates of deposit	(348)	(10,138)	(100)
Maturities/redemptions of certificates of deposit	10,373	100	100
Purchase of loans	(11,127)	(13,692)	(22,080)
Net decrease in net loans receivable	3,921	900	3,530
Purchase of Federal Home Loan Bank Stock	(6,691)	(7,200)	(7,039)
Redemption of Federal Home Loan Bank stock	6,592	6,737	7,059
Acquisition of premises and equipment	(16)	(9)	(11)
Net cash used for investing activities	(2,290)	(16,807)	(10,819)
FINANCING ACTIVITIES
Net increase (decrease) in deposits	(266)	4,011	2,350
Repayments of Federal Home Loan Bank long-term advances	(16,109)		(101,696)
Net increase in Federal Home Loan Bank short-term advances	15,604	11,772	106,197
Purchase of treasury stock	(622)	(359)	(19)
Increase in unallocated ESOP shares	(32)	(1,104)	(47)
Cash dividends paid	(689)	(482)	(489)
Net cash provided by (used for) financing activities	(2,114)	13,838	6,296
Increase (decrease) in cash and cash equivalents	169	(71)	(1,230)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR	2,272	2,343	3,573
CASH AND CASH EQUIVALENTS AT END OF YEAR	2,441	2,272	2,343
Cash paid during the year for:
Interest	2,991	1,796	1,398
Taxes	1,003	884	808
Non-cash items:
Bonds received from issuer exchange offer			1,002
Educational Improvement Tax Credits	$ 50	$ 80

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	1. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Organization WVS Financial Corp. (“WVS” or the “Company”) is a Pennsylvania-chartered unitary bank holding company which owns 100 percent of the common stock of West View Savings Bank (“West View” or the “Savings Bank”). The operating results of the Company depend primarily upon the operating results of the Savings Bank and, to a lesser extent, income from interest-earning assets such as investment securities. West View is a Pennsylvania-chartered, FDIC-insured stock savings bank conducting business from six offices in the North Hills suburbs of Pittsburgh. The Savings Bank’s principal sources of revenue originate from its portfolio of residential real estate and commercial mortgage loans as well as income from investment and mortgage-backed securities. The Company is supervised by the Board of Governors of the Federal Reserve System, while the Savings Bank is subject to regulation and supervision by the Federal Deposit Insurance Corporation (“FDIC”) and the Pennsylvania Department of Banking and Securities . Basis of Presentation The consolidated financial statements include the accounts of WVS and its wholly owned subsidiary, West View. All intercompany transactions have been eliminated in consolidation. The accounting and reporting policies of WVS and West View conform to U.S. generally accepted accounting principles. The Company’s fiscal year-end In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the Consolidated Balance Sheet date and revenues and expenses for that period. Actual results could differ significantly from those estimates. Investment and Mortgage-Backed Securities Investment and mortgage-backed securities are classified at the time of purchase as securities held to maturity or securities available for sale based on management’s ability and intent. Investment and mortgage-backed securities acquired with the ability and intent to hold to maturity are stated at cost adjusted for amortization of premium and accretion of discount, which are computed using the level-yield method and recognized as adjustments of interest income. Amortization rates for mortgage-backed securities are periodically adjusted to reflect changes in the prepayment speeds of the underlying mortgages. Certain other investment and equity securities have been classified as available for sale to serve principally as a source of liquidity. Unrealized holding gains and losses for available-for-sale Common stock of the Federal Home Loan Bank (the “FHLB”) represents ownership in an institution which is wholly owned by other financial institutions. This equity security is accounted for at cost and reported separately on the accompanying Consolidated Balance Sheet. Management systematically evaluates investment securities for other-than-temporary declines in fair value on at least a quarterly basis. This analysis requires management to consider various factors, which include: (1) duration and magnitude of the decline in value; (2) the credit rating of the issuer or issuers; (3) structure of the security; and (4) the Company’s intent to sell the security or whether it’s more likely than not that the Company would be required to sell the security before its anticipated recovery in market value. The Company retains an independent third party to assist it in the determination of fair values for its private-label collateralized mortgage obligations (“CMOs”). This valuation is meant to be a “Level Three” valuation as defined by ASC Topic 820, Fair Value Measurements and Disclosures. The valuation does not represent the actual terms or prices at which any party could purchase the securities. There is currently no active secondary market for private-label CMOs and there can be no assurance that any secondary market for private-label CMOs will develop. The Company believes that the private-label CMO portfolio had three other than temporary impairments at June 30, 2018. The Company believes that the data and assumptions used to determine the fair values are reasonable. The fair value calculations reflect relevant facts and market conditions. Events and conditions occurring after the valuation date could have a material effect on the private-label CMO segment’s fair value. Trading Securities Trading securities are held for resale in anticipation of short-term (generally 90 days or less) fluctuations in market prices. Trading securities are stated at fair value. Realized and unrealized gains and losses are included in noninterest income as market gains and losses on trading securities. Net Loans Receivable Net loans receivable are reported at their principal amount, net of the allowance for loan losses and deferred loan fees. Interest on mortgage, consumer, and commercial loans is recognized on the accrual method. The Company’s general policy is to stop accruing interest on loans when, based upon relevant factors, the collection of principal or interest is doubtful, regardless of the contractual status. Interest received on nonaccrual loans is recorded as income or applied against principal according to management’s judgment as to the collectability of such principal. Loan origination and commitment fees, and all incremental direct loan origination costs, are deferred and recognized over the contractual remaining lives of the related loans on a level-yield basis. Allowance for Loan Losses The allowance for loan losses represents the amount which management estimates is adequate to provide for probable losses inherent in its loan portfolio. The allowance method is used in providing for loan losses. Accordingly, all loan losses are charged to the allowance, and all recoveries are credited to it. The allowance for loan losses is established through a provision for loan losses charged to operations. The provision for loan losses is based on management’s periodic evaluation of individual loans, economic factors, past loan loss experience, changes in the composition and volume of the portfolio, and other relevant factors. The estimates used in determining the adequacy of the allowance for loan losses, including the amounts and timing of future cash flows expected on impaired loans, are particularly susceptible to changes in the near term. Impaired loans are commercial and commercial real estate loans for which it is probable the Company will not be able to collect all amounts due according to the contractual terms of the loan agreement. The Company individually evaluates such loans for impairment and does not aggregate loans by major risk classifications. The definition of “impaired loans” is not the same as the definition of “nonaccrual loans,” although the two categories overlap. The Company may choose to place a loan on nonaccrual status due to payment delinquency or uncertain collectability, while not classifying the loan as impaired if the loan is not a commercial or commercial real estate loan. Factors considered by management in determining impairment include payment status and collateral value. The amount of impairment for these types of impaired loans is determined by the difference between the present value of the expected cash flows related to the loan, using the original interest rate, and its recorded value, or as a practical expedient in the case of collateralized loans, the difference between the fair value of the collateral and the recorded amount of the loans. When foreclosure is probable, impairment is measured based on the fair value of the collateral. Mortgage loans on one-to-four case-by-case Real Estate Owned Real estate owned acquired through foreclosure is carried at the lower of cost or fair value minus estimated costs to sell. Costs relating to development and improvement of the property are capitalized, whereas costs of holding such real estate are expensed as incurred. Premises and Equipment Land is carried at cost, while premises and equipment are stated at cost, less accumulated depreciation. Depreciation is principally computed on the straight-line method over the estimated useful lives of the related assets, which range from 3 to 10 years for furniture and equipment and 25 to 50 years for building premises. Leasehold improvements are amortized over the shorter of their estimated useful lives or their respective lease terms, which range from 7 to 15 years. Expenditures for maintenance and repairs are charged against income as incurred. Costs of major additions and improvements are capitalized. Income Taxes Deferred tax assets and liabilities are computed based on the difference between the financial statement and the income tax basis of assets and liabilities using the enacted marginal tax rates. Deferred income taxes or benefits are based on the changes in the deferred tax asset or liability from period to period. The Company files a consolidated federal income tax return. Deferred tax assets and liabilities are reflected at currently enacted income tax rates applicable to the period in which such items are expected to be realized or settled. As changes in tax rates are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes. Earnings Per Share The Company provides dual presentation of basic and diluted earnings per share. Basic earnings per share are calculated by dividing net income available to common stockholders by the weighted-average number of common shares outstanding during the period. Diluted earnings per share are calculated by dividing net income available to common stockholders, adjusted for the effects of any dilutive securities, by the weighted-average number of common shares outstanding, adjusted for the effects of any dilutive securities. Stock Options The Company accounts for stock compensation based on the grant-date fair value of all share-based payment awards that are expected to vest, including employee share options to be recognized as employee compensation expense over the requisite service period. The Company’s 2008 Stock Incentive Plan (the “Plan”) permits the grant of stock options or restricted shares to its directors and employees for up to 152,000 shares (up to 38,000 restricted shares may be issued). Option awards are generally granted with an exercise price equal to the market price of the Company’s stock at the date of grant; those option awards generally vest based on five years of continuous service and have ten-year During the periods ended June 30, 2018, 2017, and 2016, the Company recorded no compensation expense related to our share-based compensation awards. As of June 30, 2018, there was no unrecognized compensation cost related to unvested share-based compensation awards granted in fiscal 2009, as all options issued have fully vested. Comprehensive Income The Company is required to present comprehensive income and its components in a full set of general-purpose financial statements for all periods presented. Other comprehensive income is composed exclusively of net unrealized holding gains (losses) on its available-for-sale non-credit held-to-maturity Cash Flow Information Cash and cash equivalents include cash and due from banks and interest-earning demand deposits with original maturities of 90 days or less. Cash flow from loans, deposits, and short-term borrowings are reported net. Reclassification of Comparative Figures Certain comparative amounts for prior years have been reclassified to conform to current-year presentations. Such reclassifications did not affect net income or stockholders’ equity. Recent Accounting Pronouncements In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers In January 2016, the FASB issued ASU 2016-01, Financial Instruments – Overall (Subtopic 825-10): available-for-sale not-for-profit In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) right-of-use In March 2016, the FASB issued ASU 2016-08, Revenue from Contracts with Customers (Topic 606). 2014-09, Revenue from Contracts with Customers (Topic 606), 2014-09. No. 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date, 2014-09 In April 2016, the FASB issued ASU 2016-10, Revenue from Contracts with Customers (Topic 606). 2014-09, Revenue from Contracts with Customers (Topic 606) 2014-09). 2015-14, Revenue from Contracts with Customers (Topic 606) Deferral of the Effective Date 2014-09 In May 2016, the FASB issued ASU 2016-12, Revenue from Contracts with Customers (Topic 606) 2014-09, Revenue from Contracts with Customers (Topic 606) 2014-09). 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date 2014-09 In June 2016, the FASB issued ASU 2016-13, Financial Instruments-Credit Losses: Measurement of Credit Losses on Financial Instruments 2016-13”), 2016-13 one-time one-time In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In December 2016, the FASB issued ASU 2016-20 , Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers Guarantees 2016-20 year-end, year-end, In May 2017, the FASB issued ASU 2017-09, Compensation – Stock Compensation (Topic 718) In January 2018, the FASB issued ASU 2018-01, Leases (Topic 842) 2016-02. This In February 2018, the FASB issued ASU 2018-02, Income Statement – Reporting Comprehensive Income (Topic 220) one-time In February 2018, the FASB issued ASU 2018-03, Technical Corrections and Improvements to Financial Instruments—Overall (Subtopic 825-10) 2016-01. Fair Value Measurement 825-10- 45-5 815-15, Derivatives and Hedging—Embedded Derivatives 825-10, Financial Instruments—Overall end-of-period 2016-01 Financial Services— Insurance 2016-01. 2016-01. 2016-01. In March 2018, the FASB issued ASU 2018-04, Investments – Debt Securities (Topic 320) Regulated Operations (Topic 980) - Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 117 and SEC Release No. 33-9273, 2018-04 In May 2018, the FASB issued ASU 2018-06, Codification Improvements to Topic 942, Financial Services-Depository and Lending 942-740, Financial Services-Depository and Lending-Income Taxes In June 2018, the FASB issued ASU 2018-07, Compensation – Stock Compensation (Topic 718) In July 2018, the FASB issued ASU 2018-09, Codification Improvements In July 2018, the FASB issued ASU 2018-10, Codification Improvements to Topic 842, Leases 2016-02,

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Jun. 30, 2018
EARNINGS PER SHARE:
EARNINGS PER SHARE	2. EARNINGS PER SHARE The following table sets forth the computation of the weighted-average common shares used to calculate basic and diluted earnings per share. 2018 2017 2016 Weighted-average common shares issued 3,805,636 3,805,636 3,805,636 Average treasury stock shares (1,798,021 ) (1,795,615 ) (1,766,468 ) Average unallocated ESOP shares (180,722 ) (136,231 ) (128,630 ) Weighted-average common shares and common stock equivalents used to calculate basic earnings per share 1,826,893 1,873,790 1,910,538 Additional common stock equivalents (stock options) used to calculate diluted earnings per share 367 — — Weighted-average common shares and common stock equivalents used to calculate diluted earnings per share 1,827,260 1,873,790 1,910,538 There are no convertible securities that would affect the numerator in calculating basic and diluted earnings per share; therefore, net income as presented on the Consolidated Statement of Income is used. At June 30, 2018, 2017, and 2016, there were 114,519 options outstanding with an exercise price of $16.20. The unallocated shares controlled by the ESOP are not considered in the weighted average shares outstanding until the shares are committed for allocation to an employee’s individual account.

INVESTMENT SECURITIES

INVESTMENT SECURITIES	12 Months Ended
	Jun. 30, 2018
Investments, Debt and Equity Securities [Abstract]
INVESTMENT SECURITIES	3. INVESTMENT SECURITIES The amortized cost, gross unrealized gains and losses, and fair values of investments are as follows: Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value 2018 AVAILABLE FOR SALE Corporate debt securities $ 104,316 $ 204 $ (181 ) $ 104,339 Foreign debt securities 1 22,878 11 (38 ) 22,851 Obligations of states and political subdivisions 1,630 — (9 ) 1,621 Total $ 128,824 $ 215 $ (228 ) $ 128,811 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value 2018 HELD TO MATURITY U.S. government agency securities $ 625 $ — $ (1 ) $ 624 Corporate debt securities 1,061 13 — 1,074 Obligations of states and political subdivisions 4,495 — (68 ) 4,427 Total $ 6,181 $ 13 $ (69 ) $ 6,125 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value 2017 AVAILABLE FOR SALE Corporate debt securities $ 92,576 $ 144 $ (84 ) $ 92,636 Foreign debt securities 1 14,474 12 — 14,486 Obligations of states and political subdivisions 1,330 — (3 ) 1,327 Total $ 108,380 $ 156 $ (87 ) $ 108,449 1 U.S. dollar-denominated investment-grade corporate bonds of large foreign corporate issuers. Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value 2017 HELD TO MATURITY U.S. government agency securities $ 625 $ 6 $ — $ 631 Corporate debt securities 2,698 91 — 2,789 Obligations of states and political subdivisions 5,355 41 (1 ) 5,395 Total $ 8,678 $ 138 $ (1 ) $ 8,815 In fiscal years 2018, 2017 and 2016, the Company recorded gross realized investment security gains of $2 thousand, $0 and $31 thousand, respectively, and there were no gross losses for any period. Proceeds from sales of investment securities during fiscal 2018, 2017, and 2016 were $1.3 million, $0, and $6.4 million, respectively. The amortized cost and fair values of investment securities at June 30, 2018, by contractual maturity, are shown below. Expected maturities may differ from the contractual maturities because issuers may have the right to call securities prior to their final maturities. Due in Due after Due after one year one through five through Due after or less five years ten years ten years Total AVAILABLE FOR SALE Amortized cost $ 34,171 $ 78,718 $ 15,935 $ — $ 128,824 Fair value 34,149 78,727 15,935 — 128,811 Weighted average yield 2.31 % 3.01 % 3.23 % — % 2.85 % HELD TO MATURITY Amortized cost $ 1,561 $ 2,975 $ 1,645 $ — $ 6,181 Fair value 1,573 2,930 1,622 — 6,125 Weighted average yield 4.85 % 3.03 % 3.13 % — % 3.52 % At June 30, 2018, investment securities with amortized costs of $4.1 million and fair values of $4.1 million, were pledged to secure borrowings with the Federal Home Loan Bank. At June 30, 2017, investment securities with amortized costs of $4.1 million and fair values of $4.2 million were pledged to secure borrowings with the Federal Home Loan Bank.

MORTGAGE-BACKED SECURITIES

MORTGAGE-BACKED SECURITIES	12 Months Ended
	Jun. 30, 2018
MORTGAGE-BACKED SECURITIES [Abstract]
MORTGAGE-BACKED SECURITIES	4. MORTGAGE-BACKED SECURITIES Mortgage-backed securities (“MBS”) include mortgage pass-through certificates (“PCs”) and collateralized mortgage obligations (“CMOs”). With a pass-through security, investors own an undivided interest in the pool of mortgages that collateralize the PCs. Principal and interest are passed through to the investor as they are generated by the mortgages underlying the pool. PCs and CMOs may be insured or guaranteed by Freddie Mac (“FHLMC”), Fannie Mae (“FNMA”), and the Government National Mortgage Association (“GNMA”). CMOs may also be privately issued with varying degrees of credit enhancements. A CMO reallocates mortgage pool cash flow to a series of bonds with varying stated maturities, estimated average lives, coupon rates, and prepayment characteristics. The Company’s CMO portfolio is comprised of two segments: CMOs backed by U.S. Government Agencies (“Agency CMOs”) and CMOs backed by single-family whole loans not guaranteed by a U.S. Government Agency (“Private-Label CMOs”). At June 30, 2018, the Company’s Agency CMOs totaled $114.9 million as compared to $128.2 million at June 30, 2017. The Company’s private-label CMOs totaled $1.0 million at June 30, 2018 as compared to $1.1 million at June 30, 2017. The $13.5 million decrease in the CMO segment of our MBS portfolio was primarily due to repayments on our U.S. Government agency CMO portfolio totaling $13.3 million, and $276 thousand in repayments on our private-label CMOs, which were partially offset by $28 thousand in amortization of non-credit Due to prepayments of the underlying loans, and the prepayment characteristics of the CMO traunches, the actual maturities of the Company’s MBS are expected to be substantially less than the scheduled maturities. The Company retains an independent third party to assist it in the determination of a fair value for three of its private-label CMOs. This valuation is meant to be a “Level Three” valuation as defined by ASC Topic 820, Fair Value Measurements and Disclosures non-credit The Company believes that the data and assumptions used to determine the fair values are reasonable. The fair value calculations reflect relevant facts and market conditions. Events and conditions occurring after the valuation date could have a material effect on the private-label CMO segment’s fair value. The amortized cost, unrealized gains and losses, and fair values of mortgage-backed securities are as follows: Gross Gross Amortized Unrealized Unrealized Fair Value 2018 HELD TO MATURITY Collateralized mortgage obligations: Agency $ 114,899 $ 1,260 $ (426 ) $ 115,733 Private-label 958 153 — 1,111 Total $ 115,857 $ 1,413 $ (426 ) $ 116,844 Gross Gross Amortized Unrealized Unrealized Fair Value 2017 HELD TO MATURITY Collateralized mortgage obligations: Agency $ 128,201 $ 1,076 $ (437 ) $ 128,840 Private-label 1,120 221 — 1,341 Total $ 129,321 $ 1,297 $ (437 ) $ 130,181 The amortized cost and fair value of mortgage-backed securities at June 30, 2018, by contractual maturity, are shown below. Expected maturities may differ from the contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Due in Due after Due after one year one through five through Due after or less five years ten years ten years Total HELD TO MATURITY Amortized cost $ — $ 14 $ 182 $ 115,661 $ 115,857 Fair value — 14 182 116,648 116,844 Weighted average yield — % 3.22 % 3.31 % 3.05 % 3.05 % At June 30, 2018, mortgage-backed securities with amortized costs of $114.9 million and fair values of $115.7 million were pledged to secure public deposits and borrowings with the Federal Home Loan Bank. Of the securities pledged, $2.5 million of fair value was excess collateral. Excess collateral is maintained to support future borrowings and may be withdrawn by the Company at any time. At June 30, 2017 mortgage-backed securities with an amortized cost of $128.2 million and fair values of $128.8 million, were pledged to secure borrowings with the Federal Home Loan Bank and public deposits. Of the securities pledged, $13.1 million of fair value was excess collateral.

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE LOSS	12 Months Ended
	Jun. 30, 2018
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
ACCUMULATED OTHER COMPREHENSIVE LOSS	5. ACCUMULATED OTHER COMPREHENSIVE LOSS The following tables present the changes in accumulated other comprehensive loss by component for the three years ended June 30, 2018, 2017, and 2016. Unrealized Gains and Losses on Available- for-sale Securities Unrealized Gains and Losses on Held-to- Total Balance – June 30, 2015 $ (35 ) $ (426 ) $ (461 ) Other comprehensive income before reclassifications 133 110 243 Amounts reclassified from accumulated other comprehensive loss (20 ) — (20 ) Net current-period other comprehensive income 113 110 223 Balance – June 30, 2016 78 (316 ) (238 ) Other comprehensive income (loss), before reclassifications (34 ) 84 50 Amounts reclassified from accumulated other comprehensive income (loss) — — — Net current-period other comprehensive income (loss) (34 ) 84 50 Balance – June 30, 2017 44 (232 ) (188 ) Other comprehensive income (loss), before reclassifications (76 ) 82 6 Amounts reclassified from accumulated other comprehensive income (loss) (2 ) 11 9 Net current-period other comprehensive income (loss) (78 ) 93 15 Reclassification for the change in corporate tax rate 24 (39 ) (15 ) Balance – June 30, 2018 $ (10 ) $ (178 ) $ (188 ) The following table presents the amounts reclassified out of accumulated other comprehensive loss. Amount Reclassified from Accumulated Other Details About Accumulated Other Comprehensive Income (Loss) Components: 2018 2017 2016 Affected Line Item in the Statement Where Net Income is Presented Unrealized gains and losses on available-for-sale $ 2 $ — $ 31 Investment securities gains Other than temporary impairment losses on held to maturity securities (14 ) — — Net impairment losses recognized in earnings Tax effect 3 — (11 ) Income tax expense Total reclassifications for the period $ (9 ) $ — $ 20 Net of tax (a) Amounts in parenthesis indicate expenses and other amounts indicate income.

UNREALIZED LOSSES ON SECURITIES

UNREALIZED LOSSES ON SECURITIES	12 Months Ended
	Jun. 30, 2018
Debt and Equity Securities, Gain (Loss) [Abstract]
UNREALIZED LOSSES ON SECURITIES	6. UNREALIZED LOSSES ON SECURITIES The following tables show the Company’s gross unrealized losses and fair value, aggregated by category and length of time that the individual securities have been in a continuous unrealized loss position, at June 30, 2018 and 2017. June 30, 2018 Less Than Twelve Months Twelve Months or Greater Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses U.S. government agency securities $ 624 $ (1 ) $ — $ — $ 624 $ (1 ) Corporate debt securities 56,714 (169 ) 3,028 (12 ) 59,742 (181 ) Foreign debt securities 4 13,761 (38 ) — — 13,761 (38 ) Obligations of states and political subdivisions 5,048 (77 ) — — 5,048 (77 ) Collateralized mortgage obligations: Agency 7,600 (12 ) 21,424 (414 ) 29,024 (426 ) Total $ 83,747 $ (297 ) $ 24,452 $ (426 ) $ 108,199 $ (723 ) 4 U.S. dollar-denominated investment-grade corporate bonds of large foreign corporate issuers. June 30, 2017 Less Than Twelve Months Twelve Months or Greater Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses Corporate debt securities $ 37,965 $ (83 ) $ 994 $ (1 ) $ 38,959 $ (84 ) Obligations of states and political subdivisions 1,827 (4 ) — — 1,827 (4 ) Collateralized mortgage obligations: Agency 23,724 (69 ) 22,949 (368 ) 46,673 (437 ) Total $ 63,516 $ (156 ) $ 23,943 $ (369 ) $ 87,459 $ (525 ) For debt securities, impairment is considered to be other than temporary if an entity (1) intends to sell the security, (2) more likely than not will be required to sell the security before recovering its amortized cost basis, or (3) does not expect to recover the security’s entire amortized cost basis (even if the entity does not intend to sell the security). In addition, impairment is considered to be other than temporary if the present value of cash flows expected to be collected from the debt security is less than the amortized cost basis of the security (any such shortfall is referred to as a credit loss). The Company evaluates outstanding available-for-sale held-to-maturity The following table presents a roll-forward of the credit loss component of the amortized cost of mortgage-backed securities that we have written down for OTTI and the credit component of the loss that is recognized in earnings. OTTI recognized in earnings for credit impaired mortgage-backed securities is presented as additions in two components based upon whether the current period is the first time the mortgage-backed security was credit-impaired (initial credit impairment) or is not the first time the mortgage-backed security was credit impaired (subsequent credit impairments). The credit loss component is reduced if we sell, intend to sell or believe that we will be required to sell previously credit-impaired mortgage-backed securities. Additionally, the credit loss component is reduced if we receive cash flows in excess of what we expected to receive over the remaining life of the credit impaired mortgage-backed securities, the security matures or is fully written down. Changes in the credit loss component of credit impaired mortgage-backed securities were as follows for the twelve month periods ended June 30, 2018 and 2017: Twelve Months Ended June 30, 2018 2017 Beginning balance $ 259 $ 299 Initial credit impairment — — Subsequent credit impairment 14 — Reductions for amounts recognized in earnings due to intent or requirement to sell — — Reductions for securities sold — — Reduction for actual realized losses (34 ) (40 ) Reduction for increase in cash flows expected to be collected — — Ending balance $ 239 $ 259 During the twelve months ended June 30, 2018, the Company recorded a subsequent credit impairment charge of $14 thousand, and no non-credit In the case of its private-label residential CMOs that exhibit adverse risk characteristics, the Company employs models to determine the cash flows that it is likely to collect from the securities. These models consider borrower characteristics and the particular attributes of the loans underlying the securities, in conjunction with assumptions about future changes in home prices and interest rates, to predict the likelihood a loan will default and the impact on default frequency, loss severity and remaining credit enhancement. A significant input to these models is the forecast of future housing price changes for the relevant states and metropolitan statistical areas, which are based upon an assessment of the various housing markets. In general, since the ultimate receipt of contractual payments on these securities will depend upon the credit and prepayment performance of the underlying loans and, if needed, the credit enhancements for the senior securities owned by the Company, the Company uses these models to assess whether the credit enhancement associated with each security is sufficient to protect against likely losses of principal and interest on the underlying mortgage loans. The development of the modeling assumptions requires significant judgment. In conjunction with our adoption of ASC Topic 820 effective June 30, 2009, the Company retained an independent third party to assist it with assessing its investments within the private-label CMO portfolio. The independent third party utilized certain assumptions for producing the cash flow analyses used in the OTTI assessment. Key assumptions would include interest rates, expected market participant spreads and discount rates, housing prices, projected future delinquency levels and assumed loss rates on any liquidated collateral. The Company reviewed the independent third party’s assumptions used in the June 30, 2018 OTTI process. Based on the results of this review, the Company deemed the independent third party’s assumptions to be reasonable and adopted them. However, different assumptions could produce materially different results, which could impact the Company’s conclusions as to whether an impairment is considered other-than-temporary and the magnitude of the credit loss. The Company had three private-label CMOs with OTTI at June 30, 2018. If the Company intends to sell an impaired debt security, or more likely than not will be required to sell the security before recovery of its amortized cost basis, the impairment is other-than-temporary and is recognized currently in earnings in an amount equal to the entire difference between fair value and amortized cost. The Company does not anticipate selling its private-label CMOs, nor does Management believe that the Company will be required to sell these securities before recovery of this amortized cost basis. In instances in which the Company determines that a credit loss exists but the Company does not intend to sell the security and it is not more likely than not that the Company will be required to sell the security before the anticipated recovery of its remaining amortized cost basis, the OTTI is separated into (1) the amount of the total impairment related to the credit loss and (2) the amount of the total impairment related to all other factors (i.e., the noncredit portion). The amount of the total OTTI related to the credit loss is recognized in earnings and the amount of the total OTTI related to all other factors is recognized in accumulated other comprehensive loss. The total OTTI is presented in the Consolidated Statement of Income with an offset for the amount of the total OTTI that is recognized in accumulated other comprehensive loss. Absent the intent or requirement to sell a security, if a credit loss does not exist, any impairment is considered to be temporary. Regardless of whether an OTTI is recognized in its entirety in earnings or if the credit portion is recognized in earnings and the noncredit portion is recognized in other comprehensive income (loss), the estimation of fair values has a significant impact on the amount(s) of any impairment that is recorded. The noncredit portion of any OTTI losses on securities classified as available-for-sale In periods subsequent to the recognition of an OTTI loss, the other-than-temporarily impaired debt security is accounted for as if it had been purchased on the measurement date of the OTTI at an amount equal to the previous amortized cost basis less the credit-related OTTI recognized in earnings. For debt securities for which credit-related OTTI is recognized in earnings, the difference between the new cost basis and the cash flows expected to be collected is accreted into interest income over the remaining life of the security in a prospective manner based on the amount and timing of future estimated cash flows. The Company had investments in 68 positions that were temporarily impaired at June 30, 2018. Based on its analysis, management has concluded that three private-label CMOs were other-than-temporarily impaired, while the remaining securities portfolio has experienced unrealized losses and a decrease in fair value due to interest rate volatility, illiquidity in the marketplace, or credit deterioration in the U.S. mortgage markets.

NET LOANS RECEIVABLE

NET LOANS RECEIVABLE	12 Months Ended
	Jun. 30, 2018
Receivables [Abstract]
NET LOANS RECEIVABLE	7. NET LOANS RECEIVABLE The Company’s primary business activity is with customers located within its local market area of Northern Allegheny and Southern Butler counties within the state of Pennsylvania. The Company has concentrated its lending efforts by granting residential and construction mortgage loans to customers throughout its immediate trade area. The Company also selectively funds and participates in commercial and residential mortgage loans outside of its immediate trade area, provided such loans meet the Company’s credit policy guidelines. At June 30, 2018 and 2017, the Company had approximately $1.8 million and $2.3 million, respectively, of outstanding loans for land development and construction in the local trade area. Although the Company had a diversified loan portfolio at June 30, 2018 and 2017, loans outstanding to individuals and businesses are dependent upon the local economic conditions in its immediate trade area. Certain officers, directors, and their associates were customers of, and had transactions with, the Company in the ordinary course of business. There were no loans for those directors, executive officers, and their associates with aggregate loan balances outstanding of at least $60 thousand during the fiscal years ended June 30, 2018 and 2017. The following table summarizes the primary segments of the loan portfolio as of June 30, 2018 and June 30, 2017. June 30, 2018 June 30, 2017 Total Individually Collectively Total Individually Collectively First mortgage loans: 1 – 4 family dwellings $ 72,237 $ — $ 72,237 $ 65,153 $ — $ 65,153 Construction 1,769 — 1,769 1,866 — 1,866 Land acquisition & development — — — 462 — 462 Multi-family dwellings 3,390 — 3,390 3,653 — 3,653 Commercial 3,482 — 3,482 2,033 — 2,033 Consumer Loans Home equity 861 — 861 1,017 — 1,017 Home equity lines of credit 2,177 — 2,177 2,275 — 2,275 Other 125 — 125 139 — 139 Commercial Loans 633 — 633 841 — 841 $ 84,674 $ — $ 84,674 $ 77,439 $ — $ 77,439 Less: Deferred loan costs 469 434 Allowance for loan losses (468 ) (418 ) Total $ 84,675 $ 77,455 Impaired loans are loans for which it is probable the Company will not be able to collect all amounts due according to the contractual terms of the loan agreement. The following loan categories are collectively evaluated for impairment. First mortgage loans: 1 – 4 family dwellings and all consumer loan categories (home equity, home equity lines of credit, and other). The following loan categories are individually evaluated for impairment. First mortgage loans: construction, land acquisition and development, multi-family dwellings, and commercial. The Company evaluates commercial loans not secured by real property individually for impairment. At June 30, 2018 and 2017, there were no loans considered to be impaired. Total nonaccrual loans as of June 30, 2018 and June 30, 2017 and the related interest income recognized for the twelve months ended June 30, 2018 and June 30, 2017 are as follows: June 30, June 30, (Dollars in Thousands) Principal outstanding: 1 – 4 family dwellings $ 235 $ 246 Construction — — Land acquisition & development — — Commercial real estate — — Home equity lines of credit — — Total $ 235 $ 246 Average nonaccrual loans: 1 – 4 family dwellings $ 242 $ 250 Construction — — Land acquisition & development — — Commercial real estate — — Home equity lines of credit — — Total $ 242 $ 250 Income that would have been recognized $ 15 $ 15 Interest income recognized $ 21 $ 17 Interest income foregone $ — $ — The Company’s loan portfolio may include troubled debt restructurings (TDRs), where economic concessions have been granted to borrowers who have experienced or are expected to experience financial difficulties. These concessions typically result from the Company’s loss mitigation activities and could include reductions in the interest rate, payment extensions, forgiveness of principal, forbearance or other actions. Certain TDRs are classified as nonperforming at the time of restructure and may only be returned to performing status after considering the borrower’s sustained repayment performance for a reasonable period, generally six months. During fiscal 2018 and 2017, there were no loans modified and considered a trouble debt restructuring. At June 30, 2018 and 2017, there were no previously modified TDRs in default. When the Company modifies a loan, management evaluates any possible impairment based on the present value of expected future cash flows, discounted at the contractual interest rate of the original loan agreement, except when the sole (remaining) source of repayment for the loan is the operation or liquidation of the collateral. In these cases, management uses the current fair value of the collateral, less selling costs, instead of discounted cash flows. If management determines that the value of the modified loan is less than the recorded investment in the loan (net of previous charge-offs, deferred loan fees or costs and unamortized premium or discount), impairment is recognized by segment or class of loan, as applicable, through an allowance estimate or a charge-off The allowance for loan losses is established through provisions for loan losses charged against income. Loans deemed to be uncollectible are charged against the allowance account. Subsequent recoveries, if any, are credited to the allowance. The allowance is maintained at a level believed adequate by management to absorb estimated potential loan losses. Management’s determination of the adequacy of the allowance is based on periodic evaluations of the loan portfolio considering past experience, current economic conditions, composition of the loan portfolio and other relevant factors. This evaluation is inherently subjective, as it requires material estimates that may be susceptible to significant change. Effective December 13, 2006, the FDIC, in conjunction with the other federal banking agencies adopted a Revised Interagency Policy Statement on the Allowance for Loan and Lease Losses (“ALLL”). The revised policy statement revised and replaced the banking agencies’ 1993 policy statement on the ALLL. The revised policy statement provides that an institution must maintain an ALLL at a level that is appropriate to cover estimated credit losses on individually evaluated loans determined to be impaired, as well as estimated credit losses inherent in the remainder of the loan and lease portfolio. The banking agencies also revised the policy to ensure consistency with generally accepted accounting principles (“GAAP”). The revised policy statement updates the previous guidance that describes the responsibilities of the board of directors, management, and bank examiners regarding the ALLL, factors to be considered in the estimation of the ALLL, and the objectives and elements of an effective loan review system. Federal regulations require that each insured savings institution classify its assets on a regular basis. In addition, in connection with examinations of insured institutions, federal examiners have authority to identify problem assets and, if appropriate, classify them. There are three classifications for problem assets: “substandard”, “doubtful” and “loss”. Substandard assets have one or more defined weaknesses and are characterized by the distinct possibility that the insured institution will sustain some loss if the deficiencies are not corrected. Doubtful assets have the weaknesses of those classified as substandard with the added characteristic that the weaknesses make collection or liquidation in full on the basis of currently existing facts, conditions and values questionable, and there is a high possibility of loss. An asset classified as loss is considered uncollectible and of such little value that continuance as an asset of the institution is not warranted. Another category designated “asset watch” is also utilized by the Bank for assets which do not currently expose an insured institution to a sufficient degree of risk to warrant classification as substandard, doubtful or loss. Assets classified as substandard or doubtful require the institution to establish general allowances for loan losses. If an asset or portion thereof is classified as loss, the insured institution must either establish specific allowances for loan losses in the amount of 100% of the portion of the asset classified loss, or charge-off The Company’s general policy is to internally classify its assets on a regular basis and establish prudent general valuation allowances that are adequate to absorb losses that have not been identified but that are inherent in the loan portfolio. The Company maintains general valuation allowances that it believes are adequate to absorb losses in its loan portfolio that are not clearly attributable to specific loans. The Company’s general valuation allowances are within the following general ranges: (1) 0% to 5% of assets subject to special mention; (2) 5.00% to 100% of assets classified substandard; and (3) 50% to 100% of assets classified doubtful. Any loan classified as loss is charged-off. The following tables present the classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans as of June 30, 2018 and 2017: Current 30 – 59 Days Past 60 – 89 Days Past Due 90 Days + Past Due Accruing 90 Days + Non- accrual Total Past Due Total Loans June 30, 2018 First mortgage loans: 1 – 4 family dwellings $ 72,002 $ — $ — $ — $ 235 $ 235 $ 72,237 Construction 1,769 — — — — — 1,769 Land acquisition & development — — — — — — — Multi-family dwellings 3,390 — — — — — 3,390 Commercial 3,482 — — — — — 3,482 Consumer Loans Home equity 861 — — — — — 861 Home equity lines of credit 2,177 — — — — — 2,177 Other 125 — — — — — 125 Commercial Loans 633 — — — — — 633 $ 84,439 $ — $ — $ — $ 235 $ 235 84,674 Deferred loan costs 469 Allowance for loan losses (468 ) Net Loans Receivable $ 84,675 Current 30 – 59 60 – 89 Days Past Due 90 Days + Past Due Accruing 90 Days + Past Due Non- accrual Total Past Due Total Loans (Dollars in Thousands) June 30, 2017 First mortgage loans: 1 – 4 family dwellings $ 64,907 $ — $ — $ — $ 246 $ 246 $ 65,153 Construction 1,866 — — — — — 1,866 Land acquisition & development 462 — — — — — 462 Multi-family dwellings 3,653 — — — — — 3,653 Commercial 2,033 — — — — — 2,033 Consumer Loans Home equity 1,017 — — — — — 1,017 Home equity lines of credit 2,275 — — — — — 2,275 Other 139 — — — — — 139 Commercial Loans 841 — — — — — 841 $ 77,193 $ — $ — $ — $ 246 $ 246 77,439 Deferred loan costs 434 Allowance for loan losses (418 ) Net Loans Receivable $ 77,455 Credit Quality Information The following tables represent credit exposure by internally assigned grades for the fiscal years ended June 30, 2018 and 2017. The grading system analysis estimates the capability of the borrower to repay the contractual obligations of the loan agreements as scheduled or not at all. The Company’s internal credit risk grading system is based on experiences with similarly graded loans. The Company’s internally assigned grades are as follows: Pass – loans which are protected by the current net worth and paying capacity of the obligor or by the value of the underlying collateral. Special Mention – loans where a potential weakness or risk exists, which could cause a more serious problem if not corrected. Substandard – loans that have a well-defined weakness based on objective evidence and can be characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. Doubtful – loans classified as doubtful have all the weaknesses inherent in a substandard loan. In addition, these weaknesses make collection or liquidation in full highly questionable and improbable, based on existing circumstances. Loss – loans classified as loss are considered uncollectible, or of such value that continuance as a loan is not warranted. The primary credit quality indicator used by management in the 1 – 4 family and consumer loan portfolios is the performance status of the loans. Payment activity is reviewed by Management on a monthly basis to determine how loans are performing. Loans are considered to be non-performing The following tables presents the Company’s internally classified construction, land acquisition and development, multi-family residential, commercial real estate and commercial (not secured by real estate) loans at June 30, 2018 and 2017. Construction Land Multi-family Commercial Commercial Pass $ 1,769 $ — $ 3,390 $ 3,482 $ 633 Special Mention — — — — — Substandard — — — — — Doubtful — — — — — Ending Balance $ 1,769 $ — $ 3,390 $ 3,482 $ 633 June 30, 2017 Construction Land Multi- Commercial Commercial (Dollars in Thousands) Pass $ 1,866 $ 462 $ 3,653 $ 2,033 $ 841 Special Mention — — — — — Substandard — — — — — Doubtful — — — — — Ending Balance $ 1,866 $ 462 $ 3,653 $ 2,033 $ 841 The following table presents performing and non-performing 1 – 4 Family Consumer (Dollars in Thousands) Performing $ 72,002 $ 3,163 Non-performing 235 — Total $ 72,237 $ 3,163 1 – 4 Family Consumer (Dollars in Thousands) Performing $ 64,907 $ 3,431 Non-performing 246 — Total $ 65,153 $ 3,431

ALLOWANCE FOR LOAN LOSSES

ALLOWANCE FOR LOAN LOSSES	12 Months Ended
	Jun. 30, 2018
ALLOWANCE FOR LOAN LOSSES [Abstract]
ALLOWANCE FOR LOAN LOSSES	8. ALLOWANCE FOR LOAN LOSSES The Company determines its allowance for loan losses in accordance with generally accepted accounting principles. The Company uses a systematic methodology as required by Financial Reporting Release No. 28 and the various Federal Financial Institutions Examination Council guidelines. The Company also endeavors to adhere to SEC Staff Accounting Bulletin No. 102 in connection with loan loss allowance methodology and documentation issues. Our methodology used to determine the allocated portion of the allowance is as follows. For groups of homogenous loans, we apply a loss rate to the groups’ aggregate balance. Our group loss rate reflects our historical loss experience. We may adjust these group rates to compensate for changes in environmental factors; but our adjustments have not been frequent due to a relatively stable charge-off The Company had no unallocated loss allowance balance at June 30, 2018 and 2017. The allowance for loan losses represents the amount which management estimates is adequate to provide for probable losses inherent in its loan portfolio. The allowance method is used in providing for loan losses. Accordingly, all loan losses are charged to the allowance, and all recoveries are credited to it. The allowance for loan losses is established through a provision for loan losses charged to operations. The provision for loan losses is based on management’s periodic evaluation of individual loans, economic factors, past loan loss experience, changes in the composition and volume of the portfolio, and other relevant factors. The estimates used in determining the adequacy of the allowance for loan losses, including the amounts and timing of future cash flows expected on impaired loans, are particularly susceptible to changes in the near term. The following is a summary of the changes in the allowance for loan losses: 2018 2017 2016 (Dollars in Thousands) Balance, July 1 $ 418 $ 360 $ 304 Add: Provision for loan losses 50 58 56 Less: Loans charged off — — — Balance, June 30 $ 468 $ 418 $ 360 The following tables summarize the primary segments of the allowance for loan losses (“ALLL”), segregated into the amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment as of June 30, 2018, June 30, 2017 and June 30, 2016. Activity in the allowance is presented for the fiscal years ended June 30, 2018, 2017 and 2016. 1 – 4 Family Construction Land Acquisition & Development Multi- family Commercial Consumer Loans Commercial Loans Total (Dollars in Thousands) Beginning ALLL Balance at June 30, 2017 $ 305 $ 30 $ 5 $ 20 $ 20 $ 34 $ 4 $ 418 Charge-offs — — — — — — — — Recoveries — — — — — — — — Provisions 51 (6 ) (5 ) (2 ) 15 (3 ) — 50 Ending ALLL Balance at June 30, 2018 $ 356 $ 24 $ — $ 18 $ 35 $ 31 $ 4 $ 468 Individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — $ — Collectively evaluated for impairment 356 24 — 18 35 31 4 468 $ 356 $ 24 $ — $ 18 $ 35 $ 31 $ 4 $ 468 First Mortgage Loans 1 – 4 Construction Land Multi- Commercial Consumer Commercial Total Beginning ALLL Balance at June 30, 2016 $ 222 $ 57 $ 7 $ 22 $ 16 $ 29 $ 7 $ 360 Charge-offs — — — — — — — — Recoveries — — — — — — — — Provisions 83 (27 ) (2 ) (2 ) 4 5 (3 ) 58 Ending ALLL Balance at June 30, 2017 $ 305 $ 30 $ 5 $ 20 $ 20 $ 34 $ 4 $ 418 Individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — $ — Collectively evaluated for impairment 305 30 5 20 20 34 4 418 $ 305 $ 30 $ 5 $ 20 $ 20 $ 34 $ 4 $ 418 1 – 4 Construction Land Multi- Commercial Consumer Commercial Total Beginning ALLL Balance at June 30, 2015 $ 125 $ 63 $ 9 $ 30 $ 34 $ 37 $ 6 $ 304 Charge-offs — — — — — — — — Recoveries — — — — — — — — Provisions 97 (6 ) (2 ) (8 ) (18 ) (8 ) 1 56 Ending ALLL Balance at June 30, 2016 $ 222 $ 57 $ 7 $ 22 $ 16 $ 29 $ 7 $ 360 Individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — $ — Collectively evaluated for impairment 222 57 7 22 16 29 7 360 $ 222 $ 57 $ 7 $ 22 $ 16 $ 29 $ 7 $ 360 During the fiscal year ended June 30, 2018, the ALLL associated with the 1-4 During the fiscal year ended June 30, 2017, the substantial changes to the ALLL were comprised of an $83 thousand increase associated with 1-4 1-4 During the fiscal year ended June 30, 2016, the ALLL associated with 1-4 1-4 1-4 During the fiscal years ended June 30, 2018, 2017 and 2016, respectively, the Company increased its ALLL reserve factors for the following loan segment: Loan Segment 06/30/2018 Factor 06/30/2017 Factor 6/30/2016 Factor 1-4 0.46% 0.43% 0.40%

ACCRUED INTEREST RECEIVABLE

ACCRUED INTEREST RECEIVABLE	12 Months Ended
	Jun. 30, 2018
ACCRUED INTEREST RECEIVABLE [Abstract]
ACCRUED INTEREST RECEIVABLE	9. ACCRUED INTEREST RECEIVABLE Accrued interest receivable consists of the following: 2018 2017 (Dollars in Thousands) Investment and mortgage-backed securities $ 936 $ 924 Loans receivable 172 196 FHLB stock 117 86 Total $ 1,225 $ 1,206

FEDERAL HOME LOAN BANK STOCK

FEDERAL HOME LOAN BANK STOCK	12 Months Ended
	Jun. 30, 2018
FEDERAL HOME LOAN BANK (FHLB) STOCK [Abstract]
FEDERAL HOME LOAN BANK STOCK	10. FEDERAL HOME LOAN BANK STOCK We are a member of the Federal Home Loan Bank (FHLB) of Pittsburgh. The FHLB requires members to purchase and hold a specified minimum level of FHLB stock based upon their level of borrowings, collateral balances and participation in other programs offered by the FHLB. Stock in the FHLB is non-marketable At June 30, 2018 and 2017, our FHLB stock totaled $7.2 million and $7.1 million, respectively, as shown on the consolidated balance sheets. We account for the stock in accordance with ASC 325, which requires the investment to be carried at cost and evaluated for impairment based on the ultimate recoverability of the par value. Due to the continued improvement of the FHLB’s financial performance and stability over the past several years, combined with regular quarterly dividends in 2018 and 2017, we believe our holdings in FHLB stock are ultimately recoverable at par value and, therefore, determined that the stock was not other-than-temporarily impaired.

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT	12 Months Ended
	Jun. 30, 2018
Property, Plant and Equipment [Abstract]
PREMISES AND EQUIPMENT	11. PREMISES AND EQUIPMENT Major classifications of premises and equipment are summarized as follows: 2018 2017 (Dollars in Thousands) Land and improvements $ 246 $ 246 Buildings and improvements 2,165 2,165 Furniture, fixtures, and equipment 1,217 1,201 3,628 3,612 Less accumulated depreciation 3,236 3,158 Total $ 392 $ 454 Depreciation charged to operations was $78 thousand, $97 thousand, and $98 thousand for the years ended June 30, 2018, 2017, and 2016, respectively.

DEPOSITS

DEPOSITS	12 Months Ended
	Jun. 30, 2018
Deposits [Abstract]
DEPOSITS	12. DEPOSITS Retail deposit accounts are summarized as follows: 2018 2017 Amount Percent of Amount Percent of (Dollars in Thousands) Non-interest $ 18,436 12.7 % $ 19,396 13.4 % Interest-earning checking 24,459 16.9 23,787 16.4 Savings accounts 44,727 30.8 45,524 31.3 Money market accounts 21,087 14.6 22,484 15.5 Savings certificates 34,376 23.7 32,313 22.2 Advance payments by borrowers for taxes and insurance 1,938 1.3 1,785 1.2 Total $ 145,023 100.0 % $ 145,289 100.0 % The maturities of savings certificates at June 30, 2018, are summarized as follows: (Dollars in Thousands) Within one year $ 27,812 Beyond one year but within two years 3,755 Beyond two years but within three years 1,459 Beyond three years but within four years 754 Beyond four years but within five years 176 Beyond five years 420 Total $ 34,376 There were no savings certificates with balances of $250 thousand or more on June 30, 2018 and 2017. At June 30, 2018 and 2017, the Savings Bank had brokered CDs totaling $9.3 million and $5.7 million, respectively. Interest expense by deposit category for the years ended June 30 is as follows: 2018 2017 2016 (Dollars in Thousands) Interest-earning checking $ 4 $ 4 $ 4 Savings accounts 17 20 22 Money market accounts 20 21 22 Savings certificates 365 200 162 Total $ 406 $ 245 $ 210

FEDERAL HOME LOAN BANK ADVANCES

FEDERAL HOME LOAN BANK ADVANCES	12 Months Ended
	Jun. 30, 2018
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures [Abstract]
FEDERAL HOME LOAN BANK ADVANCES	13. FEDERAL HOME LOAN BANK ADVANCES The following table presents contractual maturities of FHLB long-term advances as of June 30: Maturity range Weighted- Stated interest Description from to interest rate 1 from to 2018 2017 (Dollars in Thousands) Convertible 07/27/17 07/27/17 4.26 % 4.26 % 4.26 % $ — $ 10,000 Adjustable 08/11/17 09/01/17 1.25 % 1.23 % 1.27 % — 6,109 Total $ — $ 16,109 Convertible advances may be reset to the three-month London Interbank Offered Rate (“LIBOR”) and have various spreads and call dates of three months. The FHLB has the right to convert from a fixed rate to a predetermined floating rate on its conversion date or quarterly thereafter. Should the advance be converted, the Company has the right to pay off the advance without penalty. The Company repaid the convertible select advance on July 27, 2017. The adjustable rate advances adjusted monthly, based on the one-month 1 For fiscal year ended 2017. The Company also utilized revolving and short-term FHLB advances. Short-term FHLB advances generally mature within 90 days, while revolving FHLB advances may be repaid by the Company without penalty. The following table presents information regarding such advances as of June 30: 2018 2017 (Dollars in Thousands) FHLB revolving and short-term advances: Ending balance $ 171,403 $ 155,799 Average balance during the year 167,306 144,258 Maximum month-end 179,791 155,799 Average interest rate during the year 1.60 % 0.78 % Weighted-average rate at year-end 2.12 % 1.24 % At June 30, 2018, the Company had remaining borrowing capacity with the FHLB of approximately $2.5 million. The FHLB advances are secured by the Company’s FHLB stock, loans, mortgage-backed and investment securities. FHLB advances are subject to substantial prepayment penalties.

COMMITMENTS AND CONTINGENT LIAB

COMMITMENTS AND CONTINGENT LIABILITIES	12 Months Ended
	Jun. 30, 2018
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENT LIABILITIES	14. COMMITMENTS AND CONTINGENT LIABILITIES Loan Commitments In the normal course of business, there are various commitments that are not reflected in the Company’s financial statements. These instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the Consolidated Balance Sheet. The Company’s exposure to credit loss in the event of nonperformance by the other parties to the financial instruments is represented by the contractual amounts as disclosed. Losses, if any, are charged to the allowance for losses on off- off-balance Loan commitments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the Consolidated Balance Sheet. The same credit policies are used in making commitments and conditional obligations as for on-balance Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the loan agreement. These commitments are composed primarily of the undisbursed portion of construction and land development loans (Note 7), residential, commercial real estate, and consumer loan originations. The exposure to loss under these commitments is limited by subjecting them to credit approval and monitoring procedures. Substantially all commitments to extend credit are contingent upon customers maintaining specific credit standards at the time of the loan funding. Management assesses the credit risk associated with certain commitments to extend credit in determining the level of the allowance for loan losses. Litigation The Company is involved with various legal actions arising in the ordinary course of business. Management believes the outcome of these matters will have no material effect on the consolidated operations or financial condition of WVS.

REGULATORY CAPITAL

REGULATORY CAPITAL	12 Months Ended
	Jun. 30, 2018
Regulatory Capital Requirements [Abstract]
REGULATORY CAPITAL	15. REGULATORY CAPITAL Federal regulations require the Savings Bank to maintain minimum amounts of capital. Specifically, the Savings Bank is required to maintain certain minimum dollar amounts and ratios of Total and Tier I Capital to Risk-Weighted Assets and of Tier I Capital to Average Total Assets. In addition to the capital requirements, the Federal Deposit Insurance Corporation Improvement Act (“FDICIA”) established five capital categories ranging from well capitalized to critically undercapitalized. Should any institution fail to meet the requirements to be considered adequately capitalized, it would become subject to a series of increasingly restrictive regulatory actions. In July of 2013 the respective U.S. federal banking agencies issued final rules implementing Basel III and the Dodd-Frank Act capital requirements to be fully-phased in on a global basis on January 1, 2019. The new regulations establish a new tangible common equity capital requirement, increase the minimum requirement for the current Tier 1 risk-weighted asset (“RWA”) ratio, phase out certain kinds of intangibles treated as capital and certain types of instruments and change the risk weightings of certain assets used to determine required capital ratios. Provisions of the Dodd-Frank Act generally require these capital rules to apply to bank holding companies and their subsidiaries. The new common equity Tier 1 capital component requires capital of the highest quality – predominantly composed of retained earnings and common stock instruments. For community banks, such as West View Savings Bank, a common equity Tier 1 capital ratio of 4.5% became effective on January 1, 2015. The new capital rules also increased the current minimum Tier 1 capital ratio from 4.0% to 6.0% beginning on January 1, 2015. In addition, in order to make capital distributions and pay discretionary bonuses to executive officers without restriction, an institution must also maintain greater than 2.5% in common equity attributable to a capital conservation buffer to be phased in from January 1, 2016 until January 1, 2019. The new rules also increase the risk weights for several categories of assets, including an increase from 100% to 150% for certain acquisition, development and construction loans and more than 90-day Bank holding companies are generally subject to statutory capital requirements, which were implemented by certain of the new capital regulations described above that became effective on January 1, 2015. However, the Small Banking Holding Company Policy Statement exempts certain small bank holding companies like the Company from those requirements provided that they meet certain conditions. As of June 30, 2018 and 2017, the FDIC categorized the Savings Bank as well capitalized under the regulatory framework for prompt corrective action. To be classified as a well capitalized financial institution, Common Equity Tier 1 Capital, Tier 1 Risk-Based, Total Risk-Based, and Tier 1 Leverage Capital Ratios must be at least 6.5 percent, 8 percent, 10 percent, and 5 percent, respectively. The Company’s and Savings Bank’s actual capital ratios for fiscal 2018 are presented in the following table, which show that the Company and Savings Bank met all regulatory capital requirements. June 30, 2018 WVS West View Amount Ratio Amount Ratio (Dollars in Thousands) Common Equity Tier I Capital (to Risk-Weighted Assets) Actual $ 34,205 18.18 % $ 31,976 17.01 % To Be Well Capitalized 12,229 6.50 12,222 6.50 For Capital Adequacy Purposes 8,467 4.50 8,461 4.50 Tier I Capital (to Risk-Weighted Assets) Actual $ 34,205 18.18 % $ 31,976 17.01 % To Be Well Capitalized 15,052 8.00 15,042 8.00 For Capital Adequacy Purposes 11,289 6.00 11,281 6.00 Total Capital (to Risk-Weighted Assets) Actual $ 34,712 18.45 % $ 32,483 17.28 % To Be Well Capitalized 18,815 10.00 18,803 10.00 For Capital Adequacy Purposes 15,052 8.00 15,042 8.00 Tier I Capital (to Average Total Assets) Actual $ 34,205 9.65 % $ 31,976 9.03 % To Be Well Capitalized 17,718 5.00 17,712 5.00 For Capital Adequacy Purposes 14,174 4.00 14,170 4.00 The Company’s and Savings Bank’s actual capital ratios for fiscal 2017 are presented in the following table, which show that the Company and Savings Bank met all regulatory capital requirements. June 30, 2017 WVS West View Amount Ratio Amount Ratio (Dollars in Thousands) Common Equity Tier I Capital (to Risk-Weighted Assets) Actual $ 33,231 19.40 % $ 31,421 18.35 % To Be Well Capitalized 11,135 6.50 11,128 6.50 For Capital Adequacy Purposes 7,709 4.50 7,704 4.50 Tier I Capital (to Risk-Weighted Assets) Actual $ 33,231 19.40 % $ 31,421 18.35 % To Be Well Capitalized 13,704 8.00 13,696 8.00 For Capital Adequacy Purposes 10,278 6.00 10,272 6.00 Total Capital (to Risk-Weighted Assets) Actual $ 33,688 19.67 % $ 31,878 18.62 % To Be Well Capitalized 17,131 10.00 17,120 10.00 For Capital Adequacy Purposes 13,704 8.00 13,696 8.00 Tier I Capital (to Average Total Assets) Actual $ 33,231 9.53 % $ 31,421 9.02 % To Be Well Capitalized 17,427 5.00 17,422 5.00 For Capital Adequacy Purposes 13,942 4.00 13,937 4.00

STOCK BENEFIT PLANS

STOCK BENEFIT PLANS	12 Months Ended
	Jun. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
STOCK BENEFIT PLANS	17. STOCK BENEFIT PLANS Stock Option Plan The Company maintains the 2008 Stock Incentive Plan, which provides for the issuance of up to 152,000 shares of common stock pursuant to the grant of stock options, stock appreciation rights and plan share awards of restricted stock to directors, officers and employees. The stock options granted typically have an expiration term of ten years, subject to certain extensions and early terminations. The per share exercise price of an incentive stock option shall at a minimum equal the fair market value of a share of common stock on the date the option is granted. The per share exercise price of a compensatory stock option granted shall at least equal the greater of par value or 100 percent of the fair market value of a share of common stock on the date the option is granted. Proceeds from the exercise of the stock options are credited to common stock for the aggregate par value and the excess is credited to paid-in non-employee The following table presents information related to the outstanding options: Officers’ and Directors’ Weighted- Outstanding, June 30, 2015 77,019 37,500 $ 16.20 Granted — — Exercised — — Forfeited — — Outstanding, June 30, 2016 77,019 37,500 $ 16.20 Granted — — Exercised — — Forfeited — — Outstanding, June 30, 2017 77,019 37,500 $ 16.20 Granted — — Exercised — — Forfeited — — Outstanding, June 30, 2018 77,019 37,500 $ 16.20 Exercisable at year-end 77,019 37,500 Available for future grant 36,981 500 At June 30, 2018, there were 37,500 options outstanding and exercisable for directors with a weighted-average exercise price of $16.20, and a weighted-average remaining contractual life of 0.25 years. At June 30, 2017 there were 37,500 options outstanding and exercisable for directors, with a weighted-average price of $16.20, and a weighted-average remaining contractual life of 1.25 years. Employee Stock Ownership Plan (“ESOP”) WVS maintains an ESOP for the benefit of officers and Savings Bank employees who have met certain eligibility requirements related to age and length of service. Compensation expense for the ESOP was $104 thousand, $125 thousand, and $120 thousand for the years ended June 30, 2018, 2017, and 2016, respectively. Total ESOP shares as of June 30, 2018 and 2017 were 332,264 and 339,971, respectively. The following table presents the components of the ESOP shares as of June 30, 2018 and 2017. 2018 2017 Allocated shares 153,178 130,951 Unallocated shares 179,086 209,020 Total ESOP shares 332,264 339,971 Fair value of unallocated ESOP shares $ 2,963,873 $ 3,365,222 The purchase of shares of the Company’s stock by the ESOP is funded by three term loans, and contributions from the Company, through the Savings Bank. Unreleased ESOP shares collateralize the loans payable and the cost of these shares is recorded as a contra-equity account in stockholders’ equity of the Company. The ESOP’s term loans bear a weighted-average interest rate of 4.25%, which rate is subject to adjustment based on annual changes in the prime rate and will mature on March 31, 2035, 2037 and 2038, respectively. Shares are released as payments are made by the ESOP on the loans. The ESOP’s sources of repayment on the loans can include dividends, if any, on the unallocated stock held by the ESOP and discretionary contributions from the Savings Bank to the ESOP and other earnings. Compensation is recognized under the shares released method and compensation expense is equal to the fair value of the shares committed to be released, and unallocated ESOP shares are excluded from outstanding shares for the purpose of computing EPS.

DIRECTOR, OFFICER, AND EMPLOYEE

DIRECTOR, OFFICER, AND EMPLOYEE BENEFITS	12 Months Ended
	Jun. 30, 2018
DIRECTOR, OFFICER, AND EMPLOYEE BENEFITS [Abstract]
DIRECTOR, OFFICER, AND EMPLOYEE BENEFITS	18. DIRECTOR, OFFICER, AND EMPLOYEE BENEFITS Profit Sharing Plan The Company maintains a non-contributory Directors’ Deferred Compensation Plan The Company maintains a deferred compensation plan (the “Plan”) for directors who elect to defer all or a portion of their directors’ fees. Deferred fees are paid to the participants in installments commencing in the year following the year the individual is no longer a member of the Board of Directors. The Plan allows for the deferred amounts to be paid in shares of common stock at the prevailing market price on the date of distribution. For fiscal years ended June 30, 2018, 2017, and 2016, 1,731 shares were held by the Plan. Amounts deferred are included in other noninterest expense and totaled $29 thousand, $28 thousand, and $28 thousand for the fiscal years 2018, 2017, and 2016, respectively. The aggregate liability for the deferred compensation arrangement at June 30, 2018 and 2017, was $267 thousand and $208 thousand, respectively, and is included in with “other liabilities” in the Consolidated Balance Sheet. Bank-Owned Life Insurance (“BOLI”) The Company has purchased single premium BOLI policies on certain executives. The policies are recorded at their cash surrender values. Increases in cash surrender values are included in noninterest income in the accompanying Consolidated Statement of Income. The Company recorded $126 thousand, $131 thousand and $134 thousand of income in fiscal 2018, 2017, and 2016, respectively, and the policies’ cash surrender values totaling $4.7 million and $4.5 million at June 30, 2018 and 2017, respectively, are reflected as an asset on the Consolidated Balance Sheet. Executive Life Insurance The Company has split dollar life insurance arrangements (“Split Dollar Life Insurance Agreements”) with certain executives. This plan provides each executive a specified death benefit should the executive die while in the Company’s employ. The Company owns the policies and all cash values thereunder. Upon death of the covered employee, the agreed-upon amount of death proceeds from the policies will be paid directly to the insured’s beneficiary. As of June 30, 2018, the policies had total death benefits of $10.9 million of which $2.4 million would have been paid to the executive’s beneficiaries and the remaining $8.5 million would have been paid to the Company. A portion of the death benefit coverage may continue to the Company’s CEO in the event of a change in control or other termination of his employment. In the event the other executives terminate employment with the Company, their split dollar interests in the policies cease. The Company accrued a benefit expense of $56 thousand, $32 thousand, and $34 thousand in fiscal 2018, 2017, and 2016, respectively, for the split dollar benefit. Supplemental Executive Retirement Plan (“SERP”) On September 1, 2013, the Company entered into a supplemental executive retirement plan (SERP) agreement with the CEO. The plan was targeted to provide him with an annual retirement benefit commencing at age 65. The Company accrued expenses of $122 thousand, $118 thousand, and $115 thousand for fiscal years 2018, 2017, and 2016, respectively, in connection with the SERP.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Jun. 30, 2018
Income Tax Disclosure [Abstract]
INCOME TAXES	19. INCOME TAXES The provision for income taxes consists of: 2018 2017 2016 (Dollars in Thousands) Currently payable: Federal $ 877 $ 801 $ 659 State 186 105 137 1,063 906 796 Deferred (68 ) (58 ) 3 Change in corporate tax rate 133 — — Total $ 1,128 $ 848 $ 799 In addition to income taxes applicable to income before taxes in the Consolidated Statement of Income, the following income tax amounts were recorded to stockholders’ equity during the years ended June 30: 2018 2017 2016 (Dollars in Thousands) Net unrealized loss on securities available for sale $ 2 $ 17 $ 58 Net non-credit 4 (44 ) (56 ) Net gain (loss) recorded to stockholders’ equity $ 6 $ (27 ) $ 2 The following temporary differences gave rise to the net deferred tax assets at June 30: 2018 2017 (Dollars in Thousands) Deferred tax assets: Allowance for loan losses $ 101 $ 147 Deferred compensation 62 80 Retirement Plan 117 148 Reserve for uncollected interest — 2 Reserve for off-balance 8 13 OTTI other impairment 47 120 OTTI credit impairment 36 65 Net unrealized loss on securities available for sale 3 — Other 110 90 Total gross deferred tax assets 484 665 Deferred tax liabilities: Net unrealized gain on securities available for sale — 24 Deferred origination fees, net 124 193 Depreciation reserve 1 11 Total gross deferred tax liabilities 125 228 Net deferred tax assets $ 359 $ 437 No valuation allowance was established at June 30, 2018 and 2017, in view of the Company’s ability to carryback to taxes paid in previous years, future anticipated taxable income, which is evidenced by the Company’s earnings potential, and deferred tax liabilities at June 30, 2018 and 2017. The Tax Cut and Jobs Act, enacted on December 22, 2017, lowered the federal corporate income tax rate from 34% to 21% effective January 1, 2018. As a result, the carrying value of net deferred tax assets was reduced, which increased income tax expense by $133 thousand. The Company and its subsidiary file a consolidated federal income tax return. Prior to 1996, the Savings Bank was permitted under the Internal Revenue Code to establish a tax reserve for bad debts, and to make annual additions within specified limitations which may have been deducted in arriving at its taxable income. Subsequent to 1995, the Savings Bank’s bad debt deduction may be computed using an amount based on its actual loss experience (the “experience method”). U.S. generally accepted accounting principles prescribes a recognition threshold and a measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. Benefits from tax positions should be recognized in the financial statements only when it is more likely than not that the tax position will be sustained upon examination by the appropriate taxing authority that would have full knowledge of all relevant information. A tax position that meets the more-likely-than-not more-likely-than-not more-likely-than-not There is currently no liability for uncertain tax positions and no known unrecognized tax benefits. The Company recognizes, when applicable, interest and penalties related to unrecognized tax benefits in the provision for income taxes in the Consolidated Statement of Income. With few exceptions, the Company is no longer subject to U.S. federal income tax examinations by tax authorities for years before 2015. The following is a reconciliation between the actual provision for income taxes and the amount of income taxes which would have been provided at federal statutory rates for the years ended June 30: 2018 2017 2016 % of % of % of Pretax Pretax Pretax Amount Income Amount Income Amount Income (Dollars in Thousands) Provision at statutory rate $ 894 27.5 % $ 845 34.0 % $ 722 34.0 % Impact of change in Federal corporate tax rate 133 4.1 — — — — State income tax, net of federal tax benefit 146 4.5 69 2.8 90 4.2 Tax exempt income (7 ) (0.2 ) (5 ) (0.2 ) (3 ) — Bank Owned Life Insurance (34 ) (1.0 ) (45 ) (1.8 ) (46 ) (2.3 ) Other, net (4 ) (0.1 ) (16 ) (0.7 ) 36 1.7 Actual tax expense and effective rate $ 1,128 34.8 % $ 848 34.1 % $ 799 37.6 % The Savings Bank is subject to the Pennsylvania Mutual Thrift Institutions Tax, which is calculated at 11.5 percent of earnings. Prior to the enactment of the Small Business Job Protection Act, the Company accumulated approximately $3.9 million of retained earnings, which represent allocations of income to bad debt deductions for tax purposes only. Since there is no amount that represents the accumulated bad debt reserves subsequent to 1987, no provision for federal income tax has been made for such amount. If any portion of this amount is used other than to absorb loan losses (which is not anticipated), the amount will be subject to federal income tax at the current corporate rate.

REGULATORY MATTERS

REGULATORY MATTERS	12 Months Ended
	Jun. 30, 2018
REGULATORY MATTERS [Abstract]
REGULATORY MATTERS	20. REGULATORY MATTERS Cash and Due From Banks The Federal Reserve requires the Savings Bank to maintain certain reserve balances. The required reserves are computed by applying prescribed ratios to the Savings Bank’s average deposit transaction account balances. As of June 30, 2018 and 2017, the Savings Bank had required reserves of $801 thousand and $761 thousand, respectively. The required reserves are held in the form of vault cash and an interest-bearing depository balance maintained directly with the Federal Reserve. Loans Federal law prohibits the Company from borrowing from the Savings Bank unless the loans are secured by specific obligations. Further, such secured loans are limited in amount to 10 percent of the Savings Bank’s capital surplus. Dividend Restrictions The Savings Bank is subject to the Pennsylvania Banking Code, which restricts the availability of surplus for dividend purposes. At June 30, 2018, surplus funds of $3.4 million were not available for dividends from the Savings Bank to the Company.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	Jun. 30, 2018
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	21. FAIR VALUE MEASUREMENTS Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in the principal or most advantageous market for an asset or liability in an orderly transaction between market participants at the measurement date. GAAP established a fair value hierarchy that prioritizes the use of inputs used in valuation methodologies into the following three levels: Level I: Quoted prices are available in active markets for identical assets or liabilities as of the reported date. Level II: Pricing inputs are other than the quoted prices in active markets, which are either directly or indirectly observable as of the reported date. The nature of these assets and liabilities includes items for which quoted prices are available but traded less frequently and items that are fair-valued using other financial instruments, the parameters of which can be directly observed. Level III: Assets and liabilities that have little to no pricing observability as of the reported date. These items do not have two-way Assets Measured at Fair Value on a Recurring Basis Investment Securities Available-for-Sale Fair values for securities available for sale are determined by obtaining quoted prices on nationally recognized securities exchanges or matrix pricing, which is a mathematical technique widely used in the industry to value debt securities without relying exclusively on quoted prices for the specific securities, but rather by relying on the securities’ relationship to other benchmark quoted securities. The Company has no Level I or Level III investment securities. Level II investment securities were primarily comprised of investment-grade corporate bonds and U.S. dollar-denominated investment-grade corporate bonds of large foreign issuers. The following tables present the assets reported on a recurring basis on the Consolidated Balance Sheet at their fair value as of June 30, 2018 and June 30, 2017, by level within the fair value hierarchy. As required by GAAP, financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. June 30, 2018 Level I Level II Level III Total (Dollars in Thousands) Assets measured on a recurring basis: Investment securities – available for sale: Corporate securities $ — $ 104,339 $ — $ 104,339 Foreign debt securities (1) — 22,851 — 22,851 Obligations of states and political subdivisions — 1,621 — 1,621 $ — $ 128,811 $ — $ 128,811 June 30, 2017 Level I Level II Level III Total (Dollars in Thousands) Assets measured on a recurring basis: Investment securities – available for sale: Corporate securities $ — $ 92,636 $ — $ 92,636 Foreign debt securities (1) — 14,486 — 14,486 Obligations of states and political subdivisions — 1,327 — 1,327 $ — $ 108,449 $ — $ 108,449 (1) U.S. dollar-denominated investment-grade corporate bonds of large foreign issuers. Assets Measured at Fair Value on a Nonrecurring Basis The Company may be required, from time to time, to measure certain financial assets and financial liabilities at fair value on a nonrecurring basis in accordance with U.S. generally accepted accounting principles. These include assets that are measured at the lower of cost or fair value that were recognized at fair value below cost at the end of the period. There were no assets measured at fair value on a nonrecurring basis at June 30, 2018 or 2017. Impaired Loans Loans for which it is probable that payment of interest and principal will not be made in accordance with the contractual terms of the loan agreement are considered impaired. Once a loan is identified as individually impaired, management measures impairment in accordance with ASC Topic 310. The fair value of impaired loans is estimated using one of several methods, including collateral value, liquidation value and discounted cash flows. Those impaired loans not requiring an allowance represent loans for which the fair value of the expected repayments or collateral exceed the recorded investments in such loans. Collateral values are estimated using Level II inputs based on observable market data or Level III inputs based on customized discounting criteria. For a majority of impaired real estate related loans, the Company obtains a current external appraisal. Other valuation techniques are used as well, including internal valuations, comparable property analysis and contractual sales information. The Company had no Level I, Level II or Level III impaired loans at June 30, 2018 or 2017. Real Estate Owned Real estate acquired through foreclosure or deed in lieu of foreclosure is carried at fair value less estimated costs to sell. Any reduction from the carrying value of the related loan to fair value at the time of acquisition is accounted for as a loan loss. Any subsequent reduction in fair market value is reflected as a valuation allowance through a charge to income. Costs of significant property improvements are capitalized, whereas costs relating to holding and maintaining the property, are charged to expense. The Company had no Level I, Level II, or Level III real estate owned at June 30, 2018 or 2017. The Company classifies financial instruments in Level III of the fair value hierarchy when there is reliance on at least one significant unobservable input to the valuation model. In addition to these unobservable inputs, the valuation model for Level III financial instruments typically also rely on a number of inputs that are readily observable, either directly or indirectly.

FAIR VALUE OF FINANCIAL INSTRUM

FAIR VALUE OF FINANCIAL INSTRUMENTS	12 Months Ended
	Jun. 30, 2018
FAIR VALUE OF FINANCIAL INSTRUMENTS [Abstract]
FAIR VALUE OF FINANCIAL INSTRUMENTS	22. FAIR VALUE OF FINANCIAL INSTRUMENTS The carrying amounts and estimated fair values at June 30 are as follows: June 30, 2018 Carrying Fair Level I Level II Level III (Dollars in Thousands) FINANCIAL ASSETS Cash and cash equivalents $ 2,441 $ 2,441 $ 2,441 $ — $ — Certificates of deposit 350 350 350 — — Investment securities – available for sale 128,811 128,811 — 128,811 — Investment securities – held to maturity 6,181 6,125 — 6,125 — Mortgage-backed securities – held to maturity: Agency 114,899 115,733 — 115,733 — Private-label 958 1,111 — — 1,111 Net loans receivable 84,675 84,319 — — 84,319 Accrued interest receivable 1,225 1,225 1,225 — — FHLB stock 7,161 7,161 7,161 — — Bank owned life insurance 4,668 4,668 4,668 — — FINANCIAL LIABILITIES Deposits: Non-interest $ 18,436 $ 18,436 $ 18,436 $ — $ — Interest-earning checking 24,459 24,459 24,459 — — Savings accounts 44,727 44,727 44,727 — — Money market accounts 21,087 21,087 21,087 — — Certificates of deposit 34,376 34,053 — — 34,053 Advance payments by borrowers for taxes and insurance 1,938 1,938 1,938 — — FHLB short-term advances 171,403 171,403 171,403 — — Accrued interest payable 380 380 380 — — June 30, 2017 Carrying Fair Value Level I Level II Level III (Dollars in Thousands) FINANCIAL ASSETS Cash and cash equivalents $ 2,272 $ 2,272 $ 2,272 $ — $ — Certificates of deposit 10,380 10,380 10,380 — — Investment securities – available for sale 108,449 108,449 — 108,449 — Investment securities – held to maturity 8,678 8,815 — 8,815 — Mortgage-backed securities – held to maturity: Agency 128,201 128,840 — 128,840 — Private-label 1,120 1,341 — — 1,341 Net loans receivable 77,455 77,224 — — 77,224 Accrued interest receivable 1,206 1,206 1,206 — — FHLB stock 7,062 7,062 7,062 — — Bank owned life insurance 4,541 4,541 4,541 — — FINANCIAL LIABILITIES Deposits: Non-interest $ 19,396 $ 19,396 $ 19,396 $ — $ — Interest-earning checking 23,787 23,787 23,787 — — Savings accounts 45,524 45,524 45,524 — — Money market accounts 22,484 22,484 22,484 — — Certificates of deposit 32,313 32,147 — — 32,147 Advance payments by borrowers for taxes and insurance 1,785 1,785 1,785 — — FHLB advances – fixed rate 10,000 10,000 — — 10,000 FHLB advances – variable rate 6,109 6,109 6,109 — — FHLB short-term advances 155,799 155,799 155,799 — — Accrued interest payable 247 247 247 — — Financial instruments are defined as cash, evidence of an ownership interest in an entity, or a contract which creates an obligation or right to receive or deliver cash or another financial instrument from or to a second entity on potentially favorable or unfavorable terms. Fair value is defined as the amount at which a financial instrument could be exchanged in a current transaction between willing parties, other than in a forced or liquidation sale. If a quoted market price is available for a financial instrument, the estimated fair value would be calculated based upon the market price per trading unit of the instrument. If no readily available market exists, the fair value estimates for financial instruments should be based upon management’s judgment regarding current economic conditions, interest rate risk, expected cash flows, future estimated losses, and other factors, as determined through various option pricing formulas or simulation modeling. As many of these assumptions result from judgments made by management based upon estimates, which are inherently uncertain, the resulting estimated values may not be indicative of the amount realizable in the sale of a particular financial instrument. In addition, changes in the assumptions on which the estimated values are based may have a significant impact on the resulting estimated values. As certain assets and liabilities, such as deferred tax assets, premises and equipment, and many other operational elements of the Company, are not considered financial instruments, but have value, this estimated fair value of financial instruments would not represent the full market value of the Company. Estimated fair values have been determined by the Company using the best available data, as generally provided in internal Savings Bank regulatory, or third party valuation reports, using an estimation methodology suitable for each category of financial instruments. The estimation methodologies used are as follows: Cash and Cash Equivalents, Certificates of Deposit, Accrued Interest Receivable and Payable, and FHLB Short-term Advances The fair value approximates the current carrying value. Investment Securities, Mortgage-Backed Securities, and FHLB Stock The fair value of investment and mortgage-backed securities is equal to the available quoted market price. If no quoted market price is available, fair value is estimated using the quoted market price for similar securities. For discussion of valuation of private-label CMOs, see Note 6 “Unrealized Losses on Securities”. Since the FHLB stock is not actively traded on a secondary market and held exclusively by member financial institutions, the estimated fair market value approximates the carrying amount. Net Loans Receivable, Deposits, and Advance Payments by Borrowers for Taxes and Insurance Fair value for consumer mortgage loans is estimated using market quotes or discounting contractual cash flows for prepayment estimates. Discount rates were obtained from secondary market sources, adjusted to reflect differences in servicing, credit, and other characteristics. The estimated fair values for consumer, fixed-rate commercial, and multi-family real estate loans are estimated by discounting contractual cash flows for prepayment estimates. Discount rates are based upon rates generally charged for such loans with similar credit characteristics. The estimated fair value for nonperforming loans is the appraised value of the underlying collateral adjusted for estimated credit risk. Demand, savings, money market deposit accounts, and advance payments by borrowers for taxes and insurance are reported at book value. The fair value of certificates of deposit is based upon the discounted value of the contractual cash flows. The discount rate is estimated using average market rates for deposits with similar average terms. Bank Owned Life Insurance The fair value of BOLI approximates the cash surrender value of the policies at those dates. FHLB Long-term Advances The fair values of fixed-rate advances are estimated using discounted cash flows, based on current incremental borrowing rates for similar types of borrowing arrangements. The carrying amount on variable rate advances approximates their fair value. Commitments to Extend Credit These financial instruments are generally not subject to sale, and estimated fair values are not readily available. The carrying value, represented by the net deferred fee arising from the unrecognized commitment, and the fair value, determined by discounting the remaining contractual fee over the term of the commitment using fees currently charged to enter into similar agreements with similar credit risk, is not considered material for disclosure

PARENT COMPANY

PARENT COMPANY	12 Months Ended
	Jun. 30, 2018
Condensed Financial Information Disclosure [Abstract]
PARENT COMPANY	23. PARENT COMPANY Condensed financial information of WVS Financial Corp. is as follows: CONDENSED BALANCE SHEET June 30, 2018 2017 (Dollars in Thousands) ASSETS Interest-earning deposits with subsidiary bank $ 2,104 $ 1,719 Investment in subsidiary bank 31,788 31,232 Other assets 178 99 TOTAL ASSETS $ 34,070 $ 33,050 LIABILITIES AND STOCKHOLDERS’ EQUITY Other liabilities $ 53 $ 7 Stockholders’ equity 34,017 33,043 TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 34,070 $ 33,050 CONDENSED STATEMENT OF INCOME Year Ended June 30, 2018 2017 2016 (Dollars in Thousands) INCOME Interest on loans $ 94 $ 55 $ 48 Interest on investment and mortgage-backed securities — — 3 Dividend from subsidiary 1,600 1,300 1,200 Interest-earning deposits with subsidiary bank 2 2 1 Total income 1,696 1,357 1,252 OTHER OPERATING EXPENSE 127 121 125 Income before equity in undistributed earnings of subsidiary 1,569 1,236 1,127 Equity in undistributed earnings of subsidiary 540 344 170 Income before income taxes 2,109 1,580 1,297 Income tax benefit (16 ) (57 ) (28 ) NET INCOME $ 2,125 $ 1,637 $ 1,325 Year Ended June 30, 2018 2017 2016 OPERATING ACTIVITIES Net income $ 2,125 $ 1,637 $ 1,325 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed earnings of subsidiary (540 ) (344 ) (170 ) Amortization of unallocated ESOP shares 177 221 52 Other, net (34 ) (11 ) (1 ) Net cash provided by operating activities 1,728 1,503 1,206 INVESTING ACTIVITIES Available for sale: Purchases of investments — — (1,998 ) Proceeds from repayments of investments — — 2,000 Net cash provided by investing activities — — 2 FINANCING ACTIVITIES Cash dividends paid (689 ) (482 ) (489 ) Purchase of treasury stock (622 ) (359 ) (19 ) Increase in unallocated ESOP shares (32 ) (1,104 ) (47 ) Net cash used for financing activities (1,343 ) (1,945 ) (555 ) Increase (decrease) in cash and cash equivalents 385 (442 ) 653 CASH AND CASH EQUIVALENTS BEGINNING OF YEAR 1,719 2,161 1,508 CASH AND CASH EQUIVALENTS END OF YEAR $ 2,104 $ 1,719 $ 2,161

SELECTED QUARTERLY FINANCIAL DA

SELECTED QUARTERLY FINANCIAL DATA	12 Months Ended
	Jun. 30, 2018
Quarterly Financial Information Disclosure [Abstract]
SELECTED QUARTERLY FINANCIAL DATA (unaudited)	24. SELECTED QUARTERLY FINANCIAL DATA (unaudited) Three Months Ended September December March June 2017 2017 2018 2018 Total interest and dividend income $ 2,225 $ 2,267 $ 2,482 $ 2,696 Total interest expense 644 677 818 985 Net interest income 1,581 1,590 1,664 1,711 Provision for loan losses 5 6 10 29 Net interest income after provision for loan losses 1,576 1,584 1,654 1,682 Total noninterest income 115 124 120 111 Total noninterest expense 892 957 907 957 Income before income taxes 799 751 867 836 Income taxes 297 355 233 243 Net income $ 502 $ 396 $ 634 $ 593 Per share data: Net income Basic $ 0.28 $ 0.22 $ 0.35 $ 0.31 Diluted 0.28 0.22 0.35 0.31 Average shares outstanding Basic 1,824,878 1,826,580 1,828,283 1,827,870 Diluted 1,824,878 1,826,580 1,829,750 1,827,870 Three Months Ended September December March June 2016 2016 2017 2017 Total interest and dividend income $ 1,777 $ 1,814 $ 1,958 $ 2,097 Total interest expense 373 396 488 597 Net interest income 1,404 1,418 1,470 1,500 Provision for loan losses 16 18 15 9 Net interest income after provision for loan losses 1,388 1,400 1,455 1,491 Total noninterest income 130 107 130 123 Total noninterest expense 934 916 896 993 Income before income taxes 584 591 689 621 Income taxes 186 196 263 203 Net income $ 398 $ 395 $ 426 $ 418 Per share data: Net income Basic $ 0.21 $ 0.21 $ 0.23 $ 0.22 Diluted 0.21 0.21 0.23 0.22 Average shares outstanding Basic 1,876,160 1,881,086 1,882,593 1,855,313 Diluted 1,876,160 1,881,086 1,882,593 1,855,313 COMMON STOCK MARKET PRICE AND DIVIDEND INFORMATION WVS Financial Corp.‘s common stock is traded on the Nasdaq Global Market SM The following table sets forth the high and low market prices of a share of common stock, and cash dividends declared per share, for the periods indicated. Market Price Cash Dividends Quarter Ended High Low Declared June 2018 $ 16.72 $ 15.60 $ 0.12 March 2018 18.05 15.40 0.08 December 2017 16.60 14.76 0.06 September 2017 16.85 15.39 0.06 June 2017 $ 16.15 $ 14.44 $ 0.10 March 2017 15.50 14.10 0.06 December 2016 15.40 12.01 0.04 September 2016 12.90 11.10 0.04 There were six Nasdaq Market Makers in the Company’s common stock as of June 30, 2018: Citadel Securities LLC; VIRTU Americas LLC; Canaccord Genuity LLC; Merrill Lynch, Pierce, Fenner; UBS Securities LLC and Two Sigma Securities. According to the records of the Company’s transfer agent, there were approximately 408 shareholders of record at August 24, 2018. This does not include any persons or entities who hold their stock in nominee or “street name” through various brokerage firms. Dividends are subject to determination and declaration by the Board of Directors, which takes into account the Company’s financial condition, statutory and regulatory restrictions, general economic condition and other factors.

SUMMARY OF SIGNIFICANT ACCOUN32

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Jun. 30, 2018
Accounting Policies [Abstract]
Organization	Organization WVS Financial Corp. (“WVS” or the “Company”) is a Pennsylvania-chartered unitary bank holding company which owns 100 percent of the common stock of West View Savings Bank (“West View” or the “Savings Bank”). The operating results of the Company depend primarily upon the operating results of the Savings Bank and, to a lesser extent, income from interest-earning assets such as investment securities. West View is a Pennsylvania-chartered, FDIC-insured stock savings bank conducting business from six offices in the North Hills suburbs of Pittsburgh. The Savings Bank’s principal sources of revenue originate from its portfolio of residential real estate and commercial mortgage loans as well as income from investment and mortgage-backed securities. The Company is supervised by the Board of Governors of the Federal Reserve System, while the Savings Bank is subject to regulation and supervision by the Federal Deposit Insurance Corporation (“FDIC”) and the Pennsylvania Department of Banking and Securities .
Basis of Presentation	Basis of Presentation The consolidated financial statements include the accounts of WVS and its wholly owned subsidiary, West View. All intercompany transactions have been eliminated in consolidation. The accounting and reporting policies of WVS and West View conform to U.S. generally accepted accounting principles. The Company’s fiscal year-end In preparing the consolidated financial statements, management is required to make estimates and assumptions that affect the reported amounts of assets and liabilities as of the Consolidated Balance Sheet date and revenues and expenses for that period. Actual results could differ significantly from those estimates.
Investment and Mortgage-Backed Securities	Investment and Mortgage-Backed Securities Investment and mortgage-backed securities are classified at the time of purchase as securities held to maturity or securities available for sale based on management’s ability and intent. Investment and mortgage-backed securities acquired with the ability and intent to hold to maturity are stated at cost adjusted for amortization of premium and accretion of discount, which are computed using the level-yield method and recognized as adjustments of interest income. Amortization rates for mortgage-backed securities are periodically adjusted to reflect changes in the prepayment speeds of the underlying mortgages. Certain other investment and equity securities have been classified as available for sale to serve principally as a source of liquidity. Unrealized holding gains and losses for available-for-sale Common stock of the Federal Home Loan Bank (the “FHLB”) represents ownership in an institution which is wholly owned by other financial institutions. This equity security is accounted for at cost and reported separately on the accompanying Consolidated Balance Sheet. Management systematically evaluates investment securities for other-than-temporary declines in fair value on at least a quarterly basis. This analysis requires management to consider various factors, which include: (1) duration and magnitude of the decline in value; (2) the credit rating of the issuer or issuers; (3) structure of the security; and (4) the Company’s intent to sell the security or whether it’s more likely than not that the Company would be required to sell the security before its anticipated recovery in market value. The Company retains an independent third party to assist it in the determination of fair values for its private-label collateralized mortgage obligations (“CMOs”). This valuation is meant to be a “Level Three” valuation as defined by ASC Topic 820, Fair Value Measurements and Disclosures. The valuation does not represent the actual terms or prices at which any party could purchase the securities. There is currently no active secondary market for private-label CMOs and there can be no assurance that any secondary market for private-label CMOs will develop. The Company believes that the private-label CMO portfolio had three other than temporary impairments at June 30, 2018. The Company believes that the data and assumptions used to determine the fair values are reasonable. The fair value calculations reflect relevant facts and market conditions. Events and conditions occurring after the valuation date could have a material effect on the private-label CMO segment’s fair value.
Trading Securities	Trading Securities Trading securities are held for resale in anticipation of short-term (generally 90 days or less) fluctuations in market prices. Trading securities are stated at fair value. Realized and unrealized gains and losses are included in noninterest income as market gains and losses on trading securities.
Net Loans Receivable	Net Loans Receivable Net loans receivable are reported at their principal amount, net of the allowance for loan losses and deferred loan fees. Interest on mortgage, consumer, and commercial loans is recognized on the accrual method. The Company’s general policy is to stop accruing interest on loans when, based upon relevant factors, the collection of principal or interest is doubtful, regardless of the contractual status. Interest received on nonaccrual loans is recorded as income or applied against principal according to management’s judgment as to the collectability of such principal. Loan origination and commitment fees, and all incremental direct loan origination costs, are deferred and recognized over the contractual remaining lives of the related loans on a level-yield basis.
Allowance for Loan Losses	Allowance for Loan Losses The allowance for loan losses represents the amount which management estimates is adequate to provide for probable losses inherent in its loan portfolio. The allowance method is used in providing for loan losses. Accordingly, all loan losses are charged to the allowance, and all recoveries are credited to it. The allowance for loan losses is established through a provision for loan losses charged to operations. The provision for loan losses is based on management’s periodic evaluation of individual loans, economic factors, past loan loss experience, changes in the composition and volume of the portfolio, and other relevant factors. The estimates used in determining the adequacy of the allowance for loan losses, including the amounts and timing of future cash flows expected on impaired loans, are particularly susceptible to changes in the near term. Impaired loans are commercial and commercial real estate loans for which it is probable the Company will not be able to collect all amounts due according to the contractual terms of the loan agreement. The Company individually evaluates such loans for impairment and does not aggregate loans by major risk classifications. The definition of “impaired loans” is not the same as the definition of “nonaccrual loans,” although the two categories overlap. The Company may choose to place a loan on nonaccrual status due to payment delinquency or uncertain collectability, while not classifying the loan as impaired if the loan is not a commercial or commercial real estate loan. Factors considered by management in determining impairment include payment status and collateral value. The amount of impairment for these types of impaired loans is determined by the difference between the present value of the expected cash flows related to the loan, using the original interest rate, and its recorded value, or as a practical expedient in the case of collateralized loans, the difference between the fair value of the collateral and the recorded amount of the loans. When foreclosure is probable, impairment is measured based on the fair value of the collateral. Mortgage loans on one-to-four case-by-case
Real Estate Owned	Real Estate Owned Real estate owned acquired through foreclosure is carried at the lower of cost or fair value minus estimated costs to sell. Costs relating to development and improvement of the property are capitalized, whereas costs of holding such real estate are expensed as incurred.
Premises and Equipment	Premises and Equipment Land is carried at cost, while premises and equipment are stated at cost, less accumulated depreciation. Depreciation is principally computed on the straight-line method over the estimated useful lives of the related assets, which range from 3 to 10 years for furniture and equipment and 25 to 50 years for building premises. Leasehold improvements are amortized over the shorter of their estimated useful lives or their respective lease terms, which range from 7 to 15 years. Expenditures for maintenance and repairs are charged against income as incurred. Costs of major additions and improvements are capitalized.
Income Taxes	Income Taxes Deferred tax assets and liabilities are computed based on the difference between the financial statement and the income tax basis of assets and liabilities using the enacted marginal tax rates. Deferred income taxes or benefits are based on the changes in the deferred tax asset or liability from period to period. The Company files a consolidated federal income tax return. Deferred tax assets and liabilities are reflected at currently enacted income tax rates applicable to the period in which such items are expected to be realized or settled. As changes in tax rates are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes.
Earnings Per Share	Earnings Per Share The Company provides dual presentation of basic and diluted earnings per share. Basic earnings per share are calculated by dividing net income available to common stockholders by the weighted-average number of common shares outstanding during the period. Diluted earnings per share are calculated by dividing net income available to common stockholders, adjusted for the effects of any dilutive securities, by the weighted-average number of common shares outstanding, adjusted for the effects of any dilutive securities.
Stock Options	Stock Options The Company accounts for stock compensation based on the grant-date fair value of all share-based payment awards that are expected to vest, including employee share options to be recognized as employee compensation expense over the requisite service period. The Company’s 2008 Stock Incentive Plan (the “Plan”) permits the grant of stock options or restricted shares to its directors and employees for up to 152,000 shares (up to 38,000 restricted shares may be issued). Option awards are generally granted with an exercise price equal to the market price of the Company’s stock at the date of grant; those option awards generally vest based on five years of continuous service and have ten-year During the periods ended June 30, 2018, 2017, and 2016, the Company recorded no compensation expense related to our share-based compensation awards. As of June 30, 2018, there was no unrecognized compensation cost related to unvested share-based compensation awards granted in fiscal 2009, as all options issued have fully vested.
Comprehensive Income	Comprehensive Income The Company is required to present comprehensive income and its components in a full set of general-purpose financial statements for all periods presented. Other comprehensive income is composed exclusively of net unrealized holding gains (losses) on its available-for-sale non-credit held-to-maturity
Cash Flow Information	Cash Flow Information Cash and cash equivalents include cash and due from banks and interest-earning demand deposits with original maturities of 90 days or less. Cash flow from loans, deposits, and short-term borrowings are reported net.
Reclassification of Comparative Figures	Reclassification of Comparative Figures Certain comparative amounts for prior years have been reclassified to conform to current-year presentations. Such reclassifications did not affect net income or stockholders’ equity.
Recent Accounting Pronouncements	Recent Accounting Pronouncements In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers In January 2016, the FASB issued ASU 2016-01, Financial Instruments – Overall (Subtopic 825-10): available-for-sale not-for-profit In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842) right-of-use In March 2016, the FASB issued ASU 2016-08, Revenue from Contracts with Customers (Topic 606). 2014-09, Revenue from Contracts with Customers (Topic 606), 2014-09. No. 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date, 2014-09 In April 2016, the FASB issued ASU 2016-10, Revenue from Contracts with Customers (Topic 606). 2014-09, Revenue from Contracts with Customers (Topic 606) 2014-09). 2015-14, Revenue from Contracts with Customers (Topic 606) Deferral of the Effective Date 2014-09 In May 2016, the FASB issued ASU 2016-12, Revenue from Contracts with Customers (Topic 606) 2014-09, Revenue from Contracts with Customers (Topic 606) 2014-09). 2015-14, Revenue from Contracts with Customers (Topic 606): Deferral of the Effective Date 2014-09 In June 2016, the FASB issued ASU 2016-13, Financial Instruments-Credit Losses: Measurement of Credit Losses on Financial Instruments 2016-13”), 2016-13 one-time one-time In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments In December 2016, the FASB issued ASU 2016-20 , Technical Corrections and Improvements to Topic 606, Revenue from Contracts with Customers Guarantees 2016-20 year-end, year-end, In May 2017, the FASB issued ASU 2017-09, Compensation – Stock Compensation (Topic 718) In January 2018, the FASB issued ASU 2018-01, Leases (Topic 842) 2016-02. This In February 2018, the FASB issued ASU 2018-02, Income Statement – Reporting Comprehensive Income (Topic 220) one-time In February 2018, the FASB issued ASU 2018-03, Technical Corrections and Improvements to Financial Instruments—Overall (Subtopic 825-10) 2016-01. Fair Value Measurement 825-10- 45-5 815-15, Derivatives and Hedging—Embedded Derivatives 825-10, Financial Instruments—Overall end-of-period 2016-01 Financial Services— Insurance 2016-01. 2016-01. 2016-01. In March 2018, the FASB issued ASU 2018-04, Investments – Debt Securities (Topic 320) Regulated Operations (Topic 980) - Amendments to SEC Paragraphs Pursuant to SEC Staff Accounting Bulletin No. 117 and SEC Release No. 33-9273, 2018-04 In May 2018, the FASB issued ASU 2018-06, Codification Improvements to Topic 942, Financial Services-Depository and Lending 942-740, Financial Services-Depository and Lending-Income Taxes In June 2018, the FASB issued ASU 2018-07, Compensation – Stock Compensation (Topic 718) In July 2018, the FASB issued ASU 2018-09, Codification Improvements In July 2018, the FASB issued ASU 2018-10, Codification Improvements to Topic 842, Leases 2016-02,

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Jun. 30, 2018
EARNINGS PER SHARE:
Schedule of Basic and Diluted Earnings Per Share	The following table sets forth the computation of the weighted-average common shares used to calculate basic and diluted earnings per share. 2018 2017 2016 Weighted-average common shares issued 3,805,636 3,805,636 3,805,636 Average treasury stock shares (1,798,021 ) (1,795,615 ) (1,766,468 ) Average unallocated ESOP shares (180,722 ) (136,231 ) (128,630 ) Weighted-average common shares and common stock equivalents used to calculate basic earnings per share 1,826,893 1,873,790 1,910,538 Additional common stock equivalents (stock options) used to calculate diluted earnings per share 367 — — Weighted-average common shares and common stock equivalents used to calculate diluted earnings per share 1,827,260 1,873,790 1,910,538

INVESTMENT SECURITIES (Tables)

INVESTMENT SECURITIES (Tables)	12 Months Ended
	Jun. 30, 2018
Investments, Debt and Equity Securities [Abstract]
Schedule of Amortized Cost and Fair Values of Investments	The amortized cost, gross unrealized gains and losses, and fair values of investments are as follows: Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value 2018 AVAILABLE FOR SALE Corporate debt securities $ 104,316 $ 204 $ (181 ) $ 104,339 Foreign debt securities 1 22,878 11 (38 ) 22,851 Obligations of states and political subdivisions 1,630 — (9 ) 1,621 Total $ 128,824 $ 215 $ (228 ) $ 128,811 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value 2018 HELD TO MATURITY U.S. government agency securities $ 625 $ — $ (1 ) $ 624 Corporate debt securities 1,061 13 — 1,074 Obligations of states and political subdivisions 4,495 — (68 ) 4,427 Total $ 6,181 $ 13 $ (69 ) $ 6,125 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value 2017 AVAILABLE FOR SALE Corporate debt securities $ 92,576 $ 144 $ (84 ) $ 92,636 Foreign debt securities 1 14,474 12 — 14,486 Obligations of states and political subdivisions 1,330 — (3 ) 1,327 Total $ 108,380 $ 156 $ (87 ) $ 108,449 1 U.S. dollar-denominated investment-grade corporate bonds of large foreign corporate issuers. Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value 2017 HELD TO MATURITY U.S. government agency securities $ 625 $ 6 $ — $ 631 Corporate debt securities 2,698 91 — 2,789 Obligations of states and political subdivisions 5,355 41 (1 ) 5,395 Total $ 8,678 $ 138 $ (1 ) $ 8,815
Schedule of Investments by Contractual Maturity	Due in Due after Due after one year one through five through Due after or less five years ten years ten years Total AVAILABLE FOR SALE Amortized cost $ 34,171 $ 78,718 $ 15,935 $ — $ 128,824 Fair value 34,149 78,727 15,935 — 128,811 Weighted average yield 2.31 % 3.01 % 3.23 % — % 2.85 % HELD TO MATURITY Amortized cost $ 1,561 $ 2,975 $ 1,645 $ — $ 6,181 Fair value 1,573 2,930 1,622 — 6,125 Weighted average yield 4.85 % 3.03 % 3.13 % — % 3.52 %

MORTGAGE-BACKED SECURITIES (Tab

MORTGAGE-BACKED SECURITIES (Tables)	12 Months Ended
	Jun. 30, 2018
MORTGAGE-BACKED SECURITIES [Abstract]
Schedule of Amortized Cost and Fair Values of Mortgage-Backed Securities	The amortized cost, unrealized gains and losses, and fair values of mortgage-backed securities are as follows: Gross Gross Amortized Unrealized Unrealized Fair Value 2018 HELD TO MATURITY Collateralized mortgage obligations: Agency $ 114,899 $ 1,260 $ (426 ) $ 115,733 Private-label 958 153 — 1,111 Total $ 115,857 $ 1,413 $ (426 ) $ 116,844 Gross Gross Amortized Unrealized Unrealized Fair Value 2017 HELD TO MATURITY Collateralized mortgage obligations: Agency $ 128,201 $ 1,076 $ (437 ) $ 128,840 Private-label 1,120 221 — 1,341 Total $ 129,321 $ 1,297 $ (437 ) $ 130,181
Schedule of Mortgage-Backed Securities by Contractual Maturity	Due in Due after Due after one year one through five through Due after or less five years ten years ten years Total HELD TO MATURITY Amortized cost $ — $ 14 $ 182 $ 115,661 $ 115,857 Fair value — 14 182 116,648 116,844 Weighted average yield — % 3.22 % 3.31 % 3.05 % 3.05 %

ACCUMULATED OTHER COMPREHENSI36

ACCUMULATED OTHER COMPREHENSIVE LOSS (Tables)	12 Months Ended
	Jun. 30, 2018
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]
Schedule of Changes in Accumulated Other Comprehensive Loss	The following tables present the changes in accumulated other comprehensive loss by component for the three years ended June 30, 2018, 2017, and 2016. Unrealized Gains and Losses on Available- for-sale Securities Unrealized Gains and Losses on Held-to- Total Balance – June 30, 2015 $ (35 ) $ (426 ) $ (461 ) Other comprehensive income before reclassifications 133 110 243 Amounts reclassified from accumulated other comprehensive loss (20 ) — (20 ) Net current-period other comprehensive income 113 110 223 Balance – June 30, 2016 78 (316 ) (238 ) Other comprehensive income (loss), before reclassifications (34 ) 84 50 Amounts reclassified from accumulated other comprehensive income (loss) — — — Net current-period other comprehensive income (loss) (34 ) 84 50 Balance – June 30, 2017 44 (232 ) (188 ) Other comprehensive income (loss), before reclassifications (76 ) 82 6 Amounts reclassified from accumulated other comprehensive income (loss) (2 ) 11 9 Net current-period other comprehensive income (loss) (78 ) 93 15 Reclassification for the change in corporate tax rate 24 (39 ) (15 ) Balance – June 30, 2018 $ (10 ) $ (178 ) $ (188 )
Schedule of Amounts Reclassified out of Accumulated Other Comprehensive Loss	The following table presents the amounts reclassified out of accumulated other comprehensive loss. Amount Reclassified from Accumulated Other Details About Accumulated Other Comprehensive Income (Loss) Components: 2018 2017 2016 Affected Line Item in the Statement Where Net Income is Presented Unrealized gains and losses on available-for-sale $ 2 $ — $ 31 Investment securities gains Other than temporary impairment losses on held to maturity securities (14 ) — — Net impairment losses recognized in earnings Tax effect 3 — (11 ) Income tax expense Total reclassifications for the period $ (9 ) $ — $ 20 Net of tax (a) Amounts in parenthesis indicate expenses and other amounts indicate income.

UNREALIZED LOSSES ON SECURITI37

UNREALIZED LOSSES ON SECURITIES (Tables)	12 Months Ended
	Jun. 30, 2018
Debt and Equity Securities, Gain (Loss) [Abstract]
Schedule of Gross Unrealized Losses and Fair Value	The following tables show the Company’s gross unrealized losses and fair value, aggregated by category and length of time that the individual securities have been in a continuous unrealized loss position, at June 30, 2018 and 2017. June 30, 2018 Less Than Twelve Months Twelve Months or Greater Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses U.S. government agency securities $ 624 $ (1 ) $ — $ — $ 624 $ (1 ) Corporate debt securities 56,714 (169 ) 3,028 (12 ) 59,742 (181 ) Foreign debt securities 4 13,761 (38 ) — — 13,761 (38 ) Obligations of states and political subdivisions 5,048 (77 ) — — 5,048 (77 ) Collateralized mortgage obligations: Agency 7,600 (12 ) 21,424 (414 ) 29,024 (426 ) Total $ 83,747 $ (297 ) $ 24,452 $ (426 ) $ 108,199 $ (723 ) 4 U.S. dollar-denominated investment-grade corporate bonds of large foreign corporate issuers. June 30, 2017 Less Than Twelve Months Twelve Months or Greater Total Gross Gross Gross Fair Unrealized Fair Unrealized Fair Unrealized Value Losses Value Losses Value Losses Corporate debt securities $ 37,965 $ (83 ) $ 994 $ (1 ) $ 38,959 $ (84 ) Obligations of states and political subdivisions 1,827 (4 ) — — 1,827 (4 ) Collateralized mortgage obligations: Agency 23,724 (69 ) 22,949 (368 ) 46,673 (437 ) Total $ 63,516 $ (156 ) $ 23,943 $ (369 ) $ 87,459 $ (525 )
Schedule of Changes in the Credit Loss	Changes in the credit loss component of credit impaired mortgage-backed securities were as follows for the twelve month periods ended June 30, 2018 and 2017: Twelve Months Ended June 30, 2018 2017 Beginning balance $ 259 $ 299 Initial credit impairment — — Subsequent credit impairment 14 — Reductions for amounts recognized in earnings due to intent or requirement to sell — — Reductions for securities sold — — Reduction for actual realized losses (34 ) (40 ) Reduction for increase in cash flows expected to be collected — — Ending balance $ 239 $ 259

NET LOANS RECEIVABLE (Tables)

NET LOANS RECEIVABLE (Tables)	12 Months Ended
	Jun. 30, 2018
Receivables [Abstract]
Schedule of Primary Segments of Loan Portfolio	The following table summarizes the primary segments of the loan portfolio as of June 30, 2018 and June 30, 2017. June 30, 2018 June 30, 2017 Total Individually Collectively Total Individually Collectively First mortgage loans: 1 – 4 family dwellings $ 72,237 $ — $ 72,237 $ 65,153 $ — $ 65,153 Construction 1,769 — 1,769 1,866 — 1,866 Land acquisition & development — — — 462 — 462 Multi-family dwellings 3,390 — 3,390 3,653 — 3,653 Commercial 3,482 — 3,482 2,033 — 2,033 Consumer Loans Home equity 861 — 861 1,017 — 1,017 Home equity lines of credit 2,177 — 2,177 2,275 — 2,275 Other 125 — 125 139 — 139 Commercial Loans 633 — 633 841 — 841 $ 84,674 $ — $ 84,674 $ 77,439 $ — $ 77,439 Less: Deferred loan costs 469 434 Allowance for loan losses (468 ) (418 ) Total $ 84,675 $ 77,455
Schedule of Nonaccrual Loans	Total nonaccrual loans as of June 30, 2018 and June 30, 2017 and the related interest income recognized for the twelve months ended June 30, 2018 and June 30, 2017 are as follows: June 30, June 30, (Dollars in Thousands) Principal outstanding: 1 – 4 family dwellings $ 235 $ 246 Construction — — Land acquisition & development — — Commercial real estate — — Home equity lines of credit — — Total $ 235 $ 246 Average nonaccrual loans: 1 – 4 family dwellings $ 242 $ 250 Construction — — Land acquisition & development — — Commercial real estate — — Home equity lines of credit — — Total $ 242 $ 250 Income that would have been recognized $ 15 $ 15 Interest income recognized $ 21 $ 17 Interest income foregone $ — $ —
Schedule of Loans by Aging Categories	The following tables present the classes of the loan portfolio summarized by the aging categories of performing loans and nonaccrual loans as of June 30, 2018 and 2017: Current 30 – 59 Days Past 60 – 89 Days Past Due 90 Days + Past Due Accruing 90 Days + Non- accrual Total Past Due Total Loans June 30, 2018 First mortgage loans: 1 – 4 family dwellings $ 72,002 $ — $ — $ — $ 235 $ 235 $ 72,237 Construction 1,769 — — — — — 1,769 Land acquisition & development — — — — — — — Multi-family dwellings 3,390 — — — — — 3,390 Commercial 3,482 — — — — — 3,482 Consumer Loans Home equity 861 — — — — — 861 Home equity lines of credit 2,177 — — — — — 2,177 Other 125 — — — — — 125 Commercial Loans 633 — — — — — 633 $ 84,439 $ — $ — $ — $ 235 $ 235 84,674 Deferred loan costs 469 Allowance for loan losses (468 ) Net Loans Receivable $ 84,675 Current 30 – 59 60 – 89 Days Past Due 90 Days + Past Due Accruing 90 Days + Past Due Non- accrual Total Past Due Total Loans (Dollars in Thousands) June 30, 2017 First mortgage loans: 1 – 4 family dwellings $ 64,907 $ — $ — $ — $ 246 $ 246 $ 65,153 Construction 1,866 — — — — — 1,866 Land acquisition & development 462 — — — — — 462 Multi-family dwellings 3,653 — — — — — 3,653 Commercial 2,033 — — — — — 2,033 Consumer Loans Home equity 1,017 — — — — — 1,017 Home equity lines of credit 2,275 — — — — — 2,275 Other 139 — — — — — 139 Commercial Loans 841 — — — — — 841 $ 77,193 $ — $ — $ — $ 246 $ 246 77,439 Deferred loan costs 434 Allowance for loan losses (418 ) Net Loans Receivable $ 77,455
Schedule of Loans by Internal Classification	The following tables presents the Company’s internally classified construction, land acquisition and development, multi-family residential, commercial real estate and commercial (not secured by real estate) loans at June 30, 2018 and 2017. Construction Land Multi-family Commercial Commercial Pass $ 1,769 $ — $ 3,390 $ 3,482 $ 633 Special Mention — — — — — Substandard — — — — — Doubtful — — — — — Ending Balance $ 1,769 $ — $ 3,390 $ 3,482 $ 633 June 30, 2017 Construction Land Multi- Commercial Commercial (Dollars in Thousands) Pass $ 1,866 $ 462 $ 3,653 $ 2,033 $ 841 Special Mention — — — — — Substandard — — — — — Doubtful — — — — — Ending Balance $ 1,866 $ 462 $ 3,653 $ 2,033 $ 841
Schedule of Performing and Non-Performing Loans	The following table presents performing and non-performing 1 – 4 Family Consumer (Dollars in Thousands) Performing $ 72,002 $ 3,163 Non-performing 235 — Total $ 72,237 $ 3,163 1 – 4 Family Consumer (Dollars in Thousands) Performing $ 64,907 $ 3,431 Non-performing 246 — Total $ 65,153 $ 3,431

ALLOWANCE FOR LOAN LOSSES (Tabl

ALLOWANCE FOR LOAN LOSSES (Tables)	12 Months Ended
	Jun. 30, 2018
ALLOWANCE FOR LOAN LOSSES [Abstract]
Schedule of Changes in the Allowance for Loan Losses	The following is a summary of the changes in the allowance for loan losses: 2018 2017 2016 (Dollars in Thousands) Balance, July 1 $ 418 $ 360 $ 304 Add: Provision for loan losses 50 58 56 Less: Loans charged off — — — Balance, June 30 $ 468 $ 418 $ 360
Schedule of Primary Segments of Allowance for Loan Losses	The following tables summarize the primary segments of the allowance for loan losses (“ALLL”), segregated into the amount required for loans individually evaluated for impairment and the amount required for loans collectively evaluated for impairment as of June 30, 2018, June 30, 2017 and June 30, 2016. Activity in the allowance is presented for the fiscal years ended June 30, 2018, 2017 and 2016. 1 – 4 Family Construction Land Acquisition & Development Multi- family Commercial Consumer Loans Commercial Loans Total (Dollars in Thousands) Beginning ALLL Balance at June 30, 2017 $ 305 $ 30 $ 5 $ 20 $ 20 $ 34 $ 4 $ 418 Charge-offs — — — — — — — — Recoveries — — — — — — — — Provisions 51 (6 ) (5 ) (2 ) 15 (3 ) — 50 Ending ALLL Balance at June 30, 2018 $ 356 $ 24 $ — $ 18 $ 35 $ 31 $ 4 $ 468 Individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — $ — Collectively evaluated for impairment 356 24 — 18 35 31 4 468 $ 356 $ 24 $ — $ 18 $ 35 $ 31 $ 4 $ 468 First Mortgage Loans 1 – 4 Construction Land Multi- Commercial Consumer Commercial Total Beginning ALLL Balance at June 30, 2016 $ 222 $ 57 $ 7 $ 22 $ 16 $ 29 $ 7 $ 360 Charge-offs — — — — — — — — Recoveries — — — — — — — — Provisions 83 (27 ) (2 ) (2 ) 4 5 (3 ) 58 Ending ALLL Balance at June 30, 2017 $ 305 $ 30 $ 5 $ 20 $ 20 $ 34 $ 4 $ 418 Individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — $ — Collectively evaluated for impairment 305 30 5 20 20 34 4 418 $ 305 $ 30 $ 5 $ 20 $ 20 $ 34 $ 4 $ 418 1 – 4 Construction Land Multi- Commercial Consumer Commercial Total Beginning ALLL Balance at June 30, 2015 $ 125 $ 63 $ 9 $ 30 $ 34 $ 37 $ 6 $ 304 Charge-offs — — — — — — — — Recoveries — — — — — — — — Provisions 97 (6 ) (2 ) (8 ) (18 ) (8 ) 1 56 Ending ALLL Balance at June 30, 2016 $ 222 $ 57 $ 7 $ 22 $ 16 $ 29 $ 7 $ 360 Individually evaluated for impairment $ — $ — $ — $ — $ — $ — $ — $ — Collectively evaluated for impairment 222 57 7 22 16 29 7 360 $ 222 $ 57 $ 7 $ 22 $ 16 $ 29 $ 7 $ 360
Schedule of Reserve Factors	During the fiscal years ended June 30, 2018, 2017 and 2016, respectively, the Company increased its ALLL reserve factors for the following loan segment: Loan Segment 06/30/2018 Factor 06/30/2017 Factor 6/30/2016 Factor 1-4 0.46% 0.43% 0.40%

ACCRUED INTEREST RECEIVABLE (Ta

ACCRUED INTEREST RECEIVABLE (Tables)	12 Months Ended
	Jun. 30, 2018
ACCRUED INTEREST RECEIVABLE [Abstract]
Schedule of Accrued Interest Receivable	Accrued interest receivable consists of the following: 2018 2017 (Dollars in Thousands) Investment and mortgage-backed securities $ 936 $ 924 Loans receivable 172 196 FHLB stock 117 86 Total $ 1,225 $ 1,206

PREMISES AND EQUIPMENT (Tables)

PREMISES AND EQUIPMENT (Tables)	12 Months Ended
	Jun. 30, 2018
Property, Plant and Equipment [Abstract]
Schedule of Premises and Equipment	Major classifications of premises and equipment are summarized as follows: 2018 2017 (Dollars in Thousands) Land and improvements $ 246 $ 246 Buildings and improvements 2,165 2,165 Furniture, fixtures, and equipment 1,217 1,201 3,628 3,612 Less accumulated depreciation 3,236 3,158 Total $ 392 $ 454

DEPOSITS (Tables)

DEPOSITS (Tables)	12 Months Ended
	Jun. 30, 2018
Deposits [Abstract]
Schedule of Retail Deposit Accounts	Retail deposit accounts are summarized as follows: 2018 2017 Amount Percent of Amount Percent of (Dollars in Thousands) Non-interest $ 18,436 12.7 % $ 19,396 13.4 % Interest-earning checking 24,459 16.9 23,787 16.4 Savings accounts 44,727 30.8 45,524 31.3 Money market accounts 21,087 14.6 22,484 15.5 Savings certificates 34,376 23.7 32,313 22.2 Advance payments by borrowers for taxes and insurance 1,938 1.3 1,785 1.2 Total $ 145,023 100.0 % $ 145,289 100.0 %
Schedule of Maturities of Retail and Wholesale Savings Certificates	The maturities of savings certificates at June 30, 2018, are summarized as follows: (Dollars in Thousands) Within one year $ 27,812 Beyond one year but within two years 3,755 Beyond two years but within three years 1,459 Beyond three years but within four years 754 Beyond four years but within five years 176 Beyond five years 420 Total $ 34,376
Schedule of Interest Expense by Deposit Category	Interest expense by deposit category for the years ended June 30 is as follows: 2018 2017 2016 (Dollars in Thousands) Interest-earning checking $ 4 $ 4 $ 4 Savings accounts 17 20 22 Money market accounts 20 21 22 Savings certificates 365 200 162 Total $ 406 $ 245 $ 210

FEDERAL HOME LOAN BANK ADVANC43

FEDERAL HOME LOAN BANK ADVANCES (Tables)	12 Months Ended
	Jun. 30, 2018
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures [Abstract]
Schedule of Contractual Maturities of Federal Home Loan Bank Long-Term Advances	The following table presents contractual maturities of FHLB long-term advances as of June 30: Maturity range Weighted- Stated interest Description from to interest rate 1 from to 2018 2017 (Dollars in Thousands) Convertible 07/27/17 07/27/17 4.26 % 4.26 % 4.26 % $ — $ 10,000 Adjustable 08/11/17 09/01/17 1.25 % 1.23 % 1.27 % — 6,109 Total $ — $ 16,109
Schedule of Federal Home Loan Bank Short-Term Advances	The following table presents information regarding such advances as of June 30: 2018 2017 (Dollars in Thousands) FHLB revolving and short-term advances: Ending balance $ 171,403 $ 155,799 Average balance during the year 167,306 144,258 Maximum month-end 179,791 155,799 Average interest rate during the year 1.60 % 0.78 % Weighted-average rate at year-end 2.12 % 1.24 %

REGULATORY CAPITAL (Tables)

REGULATORY CAPITAL (Tables)	12 Months Ended
	Jun. 30, 2018
Regulatory Capital Requirements [Abstract]
Schedule of Compliance with Regulatory Capital Requirements	The Company’s and Savings Bank’s actual capital ratios for fiscal 2018 are presented in the following table, which show that the Company and Savings Bank met all regulatory capital requirements. June 30, 2018 WVS West View Amount Ratio Amount Ratio (Dollars in Thousands) Common Equity Tier I Capital (to Risk-Weighted Assets) Actual $ 34,205 18.18 % $ 31,976 17.01 % To Be Well Capitalized 12,229 6.50 12,222 6.50 For Capital Adequacy Purposes 8,467 4.50 8,461 4.50 Tier I Capital (to Risk-Weighted Assets) Actual $ 34,205 18.18 % $ 31,976 17.01 % To Be Well Capitalized 15,052 8.00 15,042 8.00 For Capital Adequacy Purposes 11,289 6.00 11,281 6.00 Total Capital (to Risk-Weighted Assets) Actual $ 34,712 18.45 % $ 32,483 17.28 % To Be Well Capitalized 18,815 10.00 18,803 10.00 For Capital Adequacy Purposes 15,052 8.00 15,042 8.00 Tier I Capital (to Average Total Assets) Actual $ 34,205 9.65 % $ 31,976 9.03 % To Be Well Capitalized 17,718 5.00 17,712 5.00 For Capital Adequacy Purposes 14,174 4.00 14,170 4.00 June 30, 2017 WVS West View Amount Ratio Amount Ratio (Dollars in Thousands) Common Equity Tier I Capital (to Risk-Weighted Assets) Actual $ 33,231 19.40 % $ 31,421 18.35 % To Be Well Capitalized 11,135 6.50 11,128 6.50 For Capital Adequacy Purposes 7,709 4.50 7,704 4.50 Tier I Capital (to Risk-Weighted Assets) Actual $ 33,231 19.40 % $ 31,421 18.35 % To Be Well Capitalized 13,704 8.00 13,696 8.00 For Capital Adequacy Purposes 10,278 6.00 10,272 6.00 Total Capital (to Risk-Weighted Assets) Actual $ 33,688 19.67 % $ 31,878 18.62 % To Be Well Capitalized 17,131 10.00 17,120 10.00 For Capital Adequacy Purposes 13,704 8.00 13,696 8.00 Tier I Capital (to Average Total Assets) Actual $ 33,231 9.53 % $ 31,421 9.02 % To Be Well Capitalized 17,427 5.00 17,422 5.00 For Capital Adequacy Purposes 13,942 4.00 13,937 4.00

STOCK BENEFIT PLANS (Tables)

STOCK BENEFIT PLANS (Tables)	12 Months Ended
	Jun. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Information Related to Outstanding Options	The following table presents information related to the outstanding options: Officers’ and Directors’ Weighted- Outstanding, June 30, 2015 77,019 37,500 $ 16.20 Granted — — Exercised — — Forfeited — — Outstanding, June 30, 2016 77,019 37,500 $ 16.20 Granted — — Exercised — — Forfeited — — Outstanding, June 30, 2017 77,019 37,500 $ 16.20 Granted — — Exercised — — Forfeited — — Outstanding, June 30, 2018 77,019 37,500 $ 16.20 Exercisable at year-end 77,019 37,500 Available for future grant 36,981 500
Schedule of ESOP Shares	The following table presents the components of the ESOP shares as of June 30, 2018 and 2017. 2018 2017 Allocated shares 153,178 130,951 Unallocated shares 179,086 209,020 Total ESOP shares 332,264 339,971 Fair value of unallocated ESOP shares $ 2,963,873 $ 3,365,222

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Jun. 30, 2018
Income Tax Disclosure [Abstract]
Schedule of Provision for Income Taxes	The provision for income taxes consists of: 2018 2017 2016 (Dollars in Thousands) Currently payable: Federal $ 877 $ 801 $ 659 State 186 105 137 1,063 906 796 Deferred (68 ) (58 ) 3 Change in corporate tax rate 133 — — Total $ 1,128 $ 848 $ 799
Schedule of Income Tax Amounts Recorded to Stockholders' Equity	In addition to income taxes applicable to income before taxes in the Consolidated Statement of Income, the following income tax amounts were recorded to stockholders’ equity during the years ended June 30: 2018 2017 2016 (Dollars in Thousands) Net unrealized loss on securities available for sale $ 2 $ 17 $ 58 Net non-credit 4 (44 ) (56 ) Net gain (loss) recorded to stockholders’ equity $ 6 $ (27 ) $ 2
Schedule of Deferred Tax Assets and Liabilities	The following temporary differences gave rise to the net deferred tax assets at June 30: 2018 2017 (Dollars in Thousands) Deferred tax assets: Allowance for loan losses $ 101 $ 147 Deferred compensation 62 80 Retirement Plan 117 148 Reserve for uncollected interest — 2 Reserve for off-balance 8 13 OTTI other impairment 47 120 OTTI credit impairment 36 65 Net unrealized loss on securities available for sale 3 — Other 110 90 Total gross deferred tax assets 484 665 Deferred tax liabilities: Net unrealized gain on securities available for sale — 24 Deferred origination fees, net 124 193 Depreciation reserve 1 11 Total gross deferred tax liabilities 125 228 Net deferred tax assets $ 359 $ 437
Schedule of Reconciliation of Income Taxes	The following is a reconciliation between the actual provision for income taxes and the amount of income taxes which would have been provided at federal statutory rates for the years ended June 30: 2018 2017 2016 % of % of % of Pretax Pretax Pretax Amount Income Amount Income Amount Income (Dollars in Thousands) Provision at statutory rate $ 894 27.5 % $ 845 34.0 % $ 722 34.0 % Impact of change in Federal corporate tax rate 133 4.1 — — — — State income tax, net of federal tax benefit 146 4.5 69 2.8 90 4.2 Tax exempt income (7 ) (0.2 ) (5 ) (0.2 ) (3 ) — Bank Owned Life Insurance (34 ) (1.0 ) (45 ) (1.8 ) (46 ) (2.3 ) Other, net (4 ) (0.1 ) (16 ) (0.7 ) 36 1.7 Actual tax expense and effective rate $ 1,128 34.8 % $ 848 34.1 % $ 799 37.6 %

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
	Jun. 30, 2018
Fair Value Disclosures [Abstract]
Assets Measured at Fair Value on a Recurring Basis	The following tables present the assets reported on a recurring basis on the Consolidated Balance Sheet at their fair value as of June 30, 2018 and June 30, 2017, by level within the fair value hierarchy. As required by GAAP, financial assets and liabilities are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. June 30, 2018 Level I Level II Level III Total (Dollars in Thousands) Assets measured on a recurring basis: Investment securities – available for sale: Corporate securities $ — $ 104,339 $ — $ 104,339 Foreign debt securities (1) — 22,851 — 22,851 Obligations of states and political subdivisions — 1,621 — 1,621 $ — $ 128,811 $ — $ 128,811 June 30, 2017 Level I Level II Level III Total (Dollars in Thousands) Assets measured on a recurring basis: Investment securities – available for sale: Corporate securities $ — $ 92,636 $ — $ 92,636 Foreign debt securities (1) — 14,486 — 14,486 Obligations of states and political subdivisions — 1,327 — 1,327 $ — $ 108,449 $ — $ 108,449 (1) U.S. dollar-denominated investment-grade corporate bonds of large foreign issuers.

FAIR VALUE OF FINANCIAL INSTR48

FAIR VALUE OF FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Jun. 30, 2018
FAIR VALUE OF FINANCIAL INSTRUMENTS [Abstract]
Schedule of Carrying Amounts and Fair Values of Financial Instruments	The carrying amounts and estimated fair values at June 30 are as follows: June 30, 2018 Carrying Fair Level I Level II Level III (Dollars in Thousands) FINANCIAL ASSETS Cash and cash equivalents $ 2,441 $ 2,441 $ 2,441 $ — $ — Certificates of deposit 350 350 350 — — Investment securities – available for sale 128,811 128,811 — 128,811 — Investment securities – held to maturity 6,181 6,125 — 6,125 — Mortgage-backed securities – held to maturity: Agency 114,899 115,733 — 115,733 — Private-label 958 1,111 — — 1,111 Net loans receivable 84,675 84,319 — — 84,319 Accrued interest receivable 1,225 1,225 1,225 — — FHLB stock 7,161 7,161 7,161 — — Bank owned life insurance 4,668 4,668 4,668 — — FINANCIAL LIABILITIES Deposits: Non-interest $ 18,436 $ 18,436 $ 18,436 $ — $ — Interest-earning checking 24,459 24,459 24,459 — — Savings accounts 44,727 44,727 44,727 — — Money market accounts 21,087 21,087 21,087 — — Certificates of deposit 34,376 34,053 — — 34,053 Advance payments by borrowers for taxes and insurance 1,938 1,938 1,938 — — FHLB short-term advances 171,403 171,403 171,403 — — Accrued interest payable 380 380 380 — — June 30, 2017 Carrying Fair Value Level I Level II Level III (Dollars in Thousands) FINANCIAL ASSETS Cash and cash equivalents $ 2,272 $ 2,272 $ 2,272 $ — $ — Certificates of deposit 10,380 10,380 10,380 — — Investment securities – available for sale 108,449 108,449 — 108,449 — Investment securities – held to maturity 8,678 8,815 — 8,815 — Mortgage-backed securities – held to maturity: Agency 128,201 128,840 — 128,840 — Private-label 1,120 1,341 — — 1,341 Net loans receivable 77,455 77,224 — — 77,224 Accrued interest receivable 1,206 1,206 1,206 — — FHLB stock 7,062 7,062 7,062 — — Bank owned life insurance 4,541 4,541 4,541 — — FINANCIAL LIABILITIES Deposits: Non-interest $ 19,396 $ 19,396 $ 19,396 $ — $ — Interest-earning checking 23,787 23,787 23,787 — — Savings accounts 45,524 45,524 45,524 — — Money market accounts 22,484 22,484 22,484 — — Certificates of deposit 32,313 32,147 — — 32,147 Advance payments by borrowers for taxes and insurance 1,785 1,785 1,785 — — FHLB advances – fixed rate 10,000 10,000 — — 10,000 FHLB advances – variable rate 6,109 6,109 6,109 — — FHLB short-term advances 155,799 155,799 155,799 — — Accrued interest payable 247 247 247 — —

PARENT COMPANY (Tables)

PARENT COMPANY (Tables)	12 Months Ended
	Jun. 30, 2018
Condensed Financial Information Disclosure [Abstract]
Condensed Balance Sheet	Condensed financial information of WVS Financial Corp. is as follows: CONDENSED BALANCE SHEET June 30, 2018 2017 (Dollars in Thousands) ASSETS Interest-earning deposits with subsidiary bank $ 2,104 $ 1,719 Investment in subsidiary bank 31,788 31,232 Other assets 178 99 TOTAL ASSETS $ 34,070 $ 33,050 LIABILITIES AND STOCKHOLDERS’ EQUITY Other liabilities $ 53 $ 7 Stockholders’ equity 34,017 33,043 TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY $ 34,070 $ 33,050
Condensed Statement of Income	CONDENSED STATEMENT OF INCOME Year Ended June 30, 2018 2017 2016 (Dollars in Thousands) INCOME Interest on loans $ 94 $ 55 $ 48 Interest on investment and mortgage-backed securities — — 3 Dividend from subsidiary 1,600 1,300 1,200 Interest-earning deposits with subsidiary bank 2 2 1 Total income 1,696 1,357 1,252 OTHER OPERATING EXPENSE 127 121 125 Income before equity in undistributed earnings of subsidiary 1,569 1,236 1,127 Equity in undistributed earnings of subsidiary 540 344 170 Income before income taxes 2,109 1,580 1,297 Income tax benefit (16 ) (57 ) (28 ) NET INCOME $ 2,125 $ 1,637 $ 1,325
Condensed Statement of Cash Flows	Year Ended June 30, 2018 2017 2016 OPERATING ACTIVITIES Net income $ 2,125 $ 1,637 $ 1,325 Adjustments to reconcile net income to net cash provided by operating activities: Equity in undistributed earnings of subsidiary (540 ) (344 ) (170 ) Amortization of unallocated ESOP shares 177 221 52 Other, net (34 ) (11 ) (1 ) Net cash provided by operating activities 1,728 1,503 1,206 INVESTING ACTIVITIES Available for sale: Purchases of investments — — (1,998 ) Proceeds from repayments of investments — — 2,000 Net cash provided by investing activities — — 2 FINANCING ACTIVITIES Cash dividends paid (689 ) (482 ) (489 ) Purchase of treasury stock (622 ) (359 ) (19 ) Increase in unallocated ESOP shares (32 ) (1,104 ) (47 ) Net cash used for financing activities (1,343 ) (1,945 ) (555 ) Increase (decrease) in cash and cash equivalents 385 (442 ) 653 CASH AND CASH EQUIVALENTS BEGINNING OF YEAR 1,719 2,161 1,508 CASH AND CASH EQUIVALENTS END OF YEAR $ 2,104 $ 1,719 $ 2,161

SELECTED QUARTERLY FINANCIAL 50

SELECTED QUARTERLY FINANCIAL DATA (Tables)	12 Months Ended
	Jun. 30, 2018
Quarterly Financial Information Disclosure [Abstract]
Schedule of Selected Quarterly Financial Data	Three Months Ended September December March June 2017 2017 2018 2018 Total interest and dividend income $ 2,225 $ 2,267 $ 2,482 $ 2,696 Total interest expense 644 677 818 985 Net interest income 1,581 1,590 1,664 1,711 Provision for loan losses 5 6 10 29 Net interest income after provision for loan losses 1,576 1,584 1,654 1,682 Total noninterest income 115 124 120 111 Total noninterest expense 892 957 907 957 Income before income taxes 799 751 867 836 Income taxes 297 355 233 243 Net income $ 502 $ 396 $ 634 $ 593 Per share data: Net income Basic $ 0.28 $ 0.22 $ 0.35 $ 0.31 Diluted 0.28 0.22 0.35 0.31 Average shares outstanding Basic 1,824,878 1,826,580 1,828,283 1,827,870 Diluted 1,824,878 1,826,580 1,829,750 1,827,870 Three Months Ended September December March June 2016 2016 2017 2017 Total interest and dividend income $ 1,777 $ 1,814 $ 1,958 $ 2,097 Total interest expense 373 396 488 597 Net interest income 1,404 1,418 1,470 1,500 Provision for loan losses 16 18 15 9 Net interest income after provision for loan losses 1,388 1,400 1,455 1,491 Total noninterest income 130 107 130 123 Total noninterest expense 934 916 896 993 Income before income taxes 584 591 689 621 Income taxes 186 196 263 203 Net income $ 398 $ 395 $ 426 $ 418 Per share data: Net income Basic $ 0.21 $ 0.21 $ 0.23 $ 0.22 Diluted 0.21 0.21 0.23 0.22 Average shares outstanding Basic 1,876,160 1,881,086 1,882,593 1,855,313 Diluted 1,876,160 1,881,086 1,882,593 1,855,313
Schedule of Quarterly Common Stock Market Price and Dividend Information	The following table sets forth the high and low market prices of a share of common stock, and cash dividends declared per share, for the periods indicated. Market Price Cash Dividends Quarter Ended High Low Declared June 2018 $ 16.72 $ 15.60 $ 0.12 March 2018 18.05 15.40 0.08 December 2017 16.60 14.76 0.06 September 2017 16.85 15.39 0.06 June 2017 $ 16.15 $ 14.44 $ 0.10 March 2017 15.50 14.10 0.06 December 2016 15.40 12.01 0.04 September 2016 12.90 11.10 0.04

SUMMARY OF SIGNIFICANT ACCOUN51

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Furniture and Equipment [Member] | Minimum [Member]
Noncontrolling Interest [Line Items]
Premises and equipment, useful life	3 years
Furniture and Equipment [Member] | Maximum [Member]
Noncontrolling Interest [Line Items]
Premises and equipment, useful life	10 years
Building Premises [Member] | Minimum [Member]
Noncontrolling Interest [Line Items]
Premises and equipment, useful life	25 years
Building Premises [Member] | Maximum [Member]
Noncontrolling Interest [Line Items]
Premises and equipment, useful life	50 years
Leasehold Improvements [Member] | Minimum [Member]
Noncontrolling Interest [Line Items]
Premises and equipment, useful life	7 years
Leasehold Improvements [Member] | Maximum [Member]
Noncontrolling Interest [Line Items]
Premises and equipment, useful life	15 years
Stock Incentive Plan [Member]
Noncontrolling Interest [Line Items]
Number of shares authorized	152,000
Vesting period	5 years
Contractual term	10 years
Share-based compensation expense	$ 0	$ 0	$ 0
Stock Incentive Plan [Member] | Restricted Stock [Member]
Noncontrolling Interest [Line Items]
Number of shares authorized	38,000
West View Savings Bank [Member]
Noncontrolling Interest [Line Items]
Interest in subsidiary	0.00%

EARNINGS PER SHARE (Details)

EARNINGS PER SHARE (Details) - $ / shares	3 Months Ended								12 Months Ended
	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
EARNINGS PER SHARE [Abstract]
Weighted-average common shares issued									3,805,636	3,805,636	3,805,636
Average treasury stock shares									(1,798,021)	(1,795,615)	(1,766,468)
Average unallocated ESOP shares									(180,722)	(136,231)	(128,630)
Weighted-average common shares and common stock equivalents used to calculate basic earnings per share	1,827,870	1,828,283	1,826,580	1,824,878	1,855,313	1,882,593	1,881,086	1,876,160	1,826,893	1,873,790	1,910,538
Additional common stock equivalents (stock options) used to calculate diluted earnings per share									367
Weighted-average common shares and common stock equivalents used to calculate diluted earnings per share	1,827,870	1,829,750	1,826,580	1,824,878	1,855,313	1,882,593	1,881,086	1,876,160	1,827,260	1,873,790	1,910,538
Employee Stock Option [Member]
EARNINGS PER SHARE [Abstract]
Anti-dilutive securities									114,519	114,519	114,519
Exercise price									$ 16.20	$ 16.20	$ 16.20

INVESTMENT SECURITIES (Narrativ

INVESTMENT SECURITIES (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Investments, Debt and Equity Securities [Abstract]
Realized investment security gains	$ 2	$ 0	$ 31
Proceeds from investment securities	1,300	0	$ 6,400
Investment securities pledged, amortized cost	4,100	4,100
Investment securities pledged, fair value	$ 4,100	$ 4,200

INVESTMENT SECURITIES (Schedule

INVESTMENT SECURITIES (Schedule of Amortized Cost and Fair Values of Investments) (Details) - USD ($) $ in Thousands		Jun. 30, 2018	Jun. 30, 2017
AVAILABLE FOR SALE
Amortized Cost		$ 128,824	$ 108,380
Gross Unrealized Gains		215	156
Gross Unrealized Losses		(228)	(87)
Fair Value		128,811	108,449
HELD TO MATURITY
Amortized Cost		6,181	8,678
Gross Unrealized Gains		13	138
Gross Unrealized Losses		(69)	(1)
Total		6,125	8,815
U.S. Government Agency Securities [Member]
HELD TO MATURITY
Amortized Cost		625	625
Gross Unrealized Gains			6
Gross Unrealized Losses		(1)
Total		624	631
Corporate Debt Securities [Member]
AVAILABLE FOR SALE
Amortized Cost		104,316	92,576
Gross Unrealized Gains		204	144
Gross Unrealized Losses		(181)	(84)
Fair Value		104,339	92,636
HELD TO MATURITY
Amortized Cost		1,061	2,698
Gross Unrealized Gains		13	91
Gross Unrealized Losses
Total		1,074	2,789
Foreign Debt Securities [Member]
AVAILABLE FOR SALE
Amortized Cost	[1]	22,878	14,474
Gross Unrealized Gains	[1]	11	12
Gross Unrealized Losses	[1]	(38)
Fair Value	[1]	22,851	14,486
Obligations of States and Political Subdivisions [Member]
AVAILABLE FOR SALE
Amortized Cost		1,630	1,330
Gross Unrealized Gains
Gross Unrealized Losses		(9)	(3)
Fair Value		1,621	1,327
HELD TO MATURITY
Amortized Cost		4,495	5,355
Gross Unrealized Gains			41
Gross Unrealized Losses		(68)	(1)
Total		$ 4,427	$ 5,395
[1]	U.S. dollar-denominated investment-grade corporate bonds of large foreign corporate issuers.

INVESTMENT SECURITIES (Schedu55

INVESTMENT SECURITIES (Schedule of Investments by Contractual Maturity) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
AVAILABLE FOR SALE, Amortized cost
Due in one year or less	$ 34,171
Due after one through five years	78,718
Due after five through ten years	15,935
Due after ten years
Total	128,824
AVAILABLE FOR SALE, Fair value
Due in one year or less	34,149
Due after one through five years	78,727
Due after five through ten years	15,935
Due after ten years
Total	$ 128,811
AVAILABLE FOR SALE, Weighted average yield
Due in one year or less	2.31%
Due after three through five years	3.01%
Due after five through ten years	3.23%
Due after ten years
Total	2.85%
HELD TO MATURITY, Amortized cost
Due in one year or less	$ 1,561
Due after three through five years	2,975
Due after five through ten years	1,645
Due after ten years
Total	6,181	$ 8,678
HELD TO MATURITY, Fair value
Due in one year or less	1,573
Due after one through five years	2,930
Due after five through ten years	1,622
Due after ten years
Total	$ 6,125	$ 8,815
HELD TO MATURITY, Weighted average yield
Due in one year or less	4.85%
Due after three through five years	3.03%
Due after five through ten years	3.13%
Due after ten years
Total	3.52%

MORTGAGE-BACKED SECURITIES (Nar

MORTGAGE-BACKED SECURITIES (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Schedule of Held-to-maturity Securities [Line Items]
Investment securities - held to maturity	$ 6,181	$ 8,678
Purchases of mortgage-backed securities		21,954	$ 6,750
Accretion of other comprehensive loss on other- than-temporarily impaired securities held to maturity	28	127	$ 166
Mortgage-backed securities pledged as collateral	114,900	128,200
Mortgage-backed securities pledged as collateral, fair value	115,700	128,800
Mortgage-backed securities pledged as collateral, excess fair value	2,500	13,100
Collateralized Mortgage Obligations [Member]
Schedule of Held-to-maturity Securities [Line Items]
Investment securities - held to maturity	115,857	129,321
Decrease in mortgage-backed securities	13,500
Additional credit impairment charge on its private-label CMO portfolio	14
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Schedule of Held-to-maturity Securities [Line Items]
Investment securities - held to maturity	114,899	128,201
Repayments of mortgage-backed securities	13,300
Purchases of mortgage-backed securities	28
Mortgage-backed Securities, Issued by Private Enterprises [Member]
Schedule of Held-to-maturity Securities [Line Items]
Investment securities - held to maturity	958	$ 1,120
Repayments of mortgage-backed securities	276
Accretion of other comprehensive loss on other- than-temporarily impaired securities held to maturity	$ 129

MORTGAGE-BACKED SECURITIES (Sch

MORTGAGE-BACKED SECURITIES (Schedule of Amortized Cost and Fair Values of Mortgage-Backed Securities) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
HELD TO MATURITY
Amortized Cost	$ 6,181	$ 8,678
Gross Unrealized Gains	13	138
Gross Unrealized Losses	(69)	(1)
Total	6,125	8,815
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
HELD TO MATURITY
Amortized Cost	114,899	128,201
Gross Unrealized Gains	1,260	1,076
Gross Unrealized Losses	(426)	(437)
Total	115,733	128,840
Mortgage-backed Securities, Issued by Private Enterprises [Member]
HELD TO MATURITY
Amortized Cost	958	1,120
Gross Unrealized Gains	153	221
Gross Unrealized Losses
Total	1,111	1,341
Collateralized Mortgage Obligations [Member]
HELD TO MATURITY
Amortized Cost	115,857	129,321
Gross Unrealized Gains	1,413	1,297
Gross Unrealized Losses	(426)	(437)
Total	$ 116,844	$ 130,181

MORTGAGE-BACKED SECURITIES (S58

MORTGAGE-BACKED SECURITIES (Schedule of Mortgage-Backed Securities by Contractual Maturity) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
Amortized cost
Due in one year or less	$ 1,561
Due after five through ten years	1,645
Due after ten years
Total	6,181	$ 8,678
Fair value
Due in one year or less	1,573
Due after one through five years	2,930
Due after five through ten years	1,622
Due after ten years
Total	$ 6,125	8,815
HELD TO MATURITY, Weighted average yield
Due in one year or less	4.85%
Collateralized Mortgage Obligations [Member]
Amortized cost
Due in one year or less
Due after one through five years	14
Due after five through ten years	182
Due after ten years	115,661
Total	115,857	129,321
Fair value
Due in one year or less
Due after one through five years	14
Due after five through ten years	182
Due after ten years	116,648
Total	$ 116,844	$ 130,181
HELD TO MATURITY, Weighted average yield
Due in one year or less
Due after one through five years	3.22%
Due after five through ten years	3.31%
Due after ten years	3.05%
Total	3.05%

ACCUMULATED OTHER COMPREHENSI59

ACCUMULATED OTHER COMPREHENSIVE LOSS (Schedule of Changes in Accumulated Other Comprehensive Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	$ (188)	$ (238)	$ (461)
Other comprehensive income (loss) before reclassifications	6	50	243
Amounts reclassified from accumulated other comprehensive income (loss)	9		(20)
Other comprehensive income (loss)	15	50	223
Reclassification for the change in corporate tax	(15)
Balance	(188)	(188)	(238)
Available-for-sale Securities [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	44	78	(35)
Other comprehensive income (loss) before reclassifications	(76)	(34)	133
Amounts reclassified from accumulated other comprehensive income (loss)	(2)		(20)
Other comprehensive income (loss)	(78)	(34)	113
Reclassification for the change in corporate tax	24
Balance	(10)	44	78
Held-to-maturity Securities [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance	(232)	(316)	(426)
Other comprehensive income (loss) before reclassifications	82	84	110
Amounts reclassified from accumulated other comprehensive income (loss)	11
Other comprehensive income (loss)	93	84	110
Reclassification for the change in corporate tax	(39)
Balance	$ (178)	$ (232)	$ (316)

ACCUMULATED OTHER COMPREHENSI60

ACCUMULATED OTHER COMPREHENSIVE LOSS (Schedule of Accumulated Other Comprehensive Loss) (Details) - USD ($) $ in Thousands		12 Months Ended
		Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Accumulated Other Comprehensive Income (Loss) [Line Items]
Amounts reclassified from accumulated other comprehensive income (loss)		$ (9)		$ 20
Investment Security Gains [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Unrealized gains and losses on available-for-sale securities	[1]	2		(31)
Net Impairment Losses Recognized in Earnings [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Unrealized gains and losses on available-for-sale securities	[1]	(14)
Income Tax Expense Benefit [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Unrealized gains and losses on available-for-sale securities	[1]	3		(11)
Net Of Tax [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Unrealized gains and losses on available-for-sale securities	[1]	$ (9)		$ (20)
[1]	Amounts in parenthesis indicate expenses and other amounts indicate income.

UNREALIZED LOSSES ON SECURITI61

UNREALIZED LOSSES ON SECURITIES (Narrative) (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2018USD ($)	Jun. 30, 2017USD ($)	Jun. 30, 2016USD ($)
Schedule of Investment Securities [Line Items]
Credit impairment charge unrealized holding loss to accumulated other comprehensive income	$ 14
Net accretion	28
LESS: Income tax effect	$ 8	$ 43	$ 56
Mortgage-backed Securities, Issued by Private Enterprises [Member]
Schedule of Investment Securities [Line Items]
Number of positions that are impaired	3

UNREALIZED LOSSES ON SECURITI62

UNREALIZED LOSSES ON SECURITIES (Schedule of Gross Unrealized Losses and Fair Value) (Details) - USD ($) $ in Thousands		Jun. 30, 2018	Jun. 30, 2017
Less Than Twelve Months
Fair Value		$ 83,747	$ 63,516
Gross Unrealized Losses		(297)	(156)
Twelve Months or Greater
Fair Value		24,452	23,943
Gross Unrealized Losses		(426)	(369)
Total
Fair Value		108,199	87,459
Gross Unrealized Losses		(723)	(525)
U.S. Government Agency Securities [Member]
Less Than Twelve Months
Fair Value		624
Gross Unrealized Losses		(1)
Twelve Months or Greater
Fair Value
Gross Unrealized Losses
Total
Fair Value		624
Gross Unrealized Losses		(1)
Corporate Debt Securities [Member]
Less Than Twelve Months
Fair Value		56,714	37,965
Gross Unrealized Losses		(169)	(83)
Twelve Months or Greater
Fair Value		3,028	994
Gross Unrealized Losses		(12)	(1)
Total
Fair Value		59,742	38,959
Gross Unrealized Losses		(181)	(84)
Foreign Debt Securities [Member]
Less Than Twelve Months
Fair Value	[1]	13,761
Gross Unrealized Losses	[1]	(38)
Twelve Months or Greater
Fair Value	[1]
Gross Unrealized Losses	[1]
Total
Fair Value	[1]	13,761
Gross Unrealized Losses	[1]	(38)
Obligations of States and Political Subdivisions [Member]
Less Than Twelve Months
Fair Value		5,048	1,827
Gross Unrealized Losses		(77)	(4)
Twelve Months or Greater
Fair Value
Gross Unrealized Losses
Total
Fair Value		5,048	1,827
Gross Unrealized Losses		(77)	(4)
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
Less Than Twelve Months
Fair Value		7,600	23,724
Gross Unrealized Losses		(12)	(69)
Twelve Months or Greater
Fair Value		21,424	22,949
Gross Unrealized Losses		(414)	(368)
Total
Fair Value		29,024	46,673
Gross Unrealized Losses		$ (426)	$ (437)
[1]	U.S. dollar-denominated investment-grade corporate bonds of large foreign corporate issuers.

UNREALIZED LOSSES ON SECURITI63

UNREALIZED LOSSES ON SECURITIES (Schedule of Changes in the Credit Loss) (Details) - Held-to-maturity Securities [Member] - Collateralized Mortgage Obligations [Member] - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Changes in the credit loss component of credit impaired mortgage-backed securities:
Beginning balance	$ 259	$ 299
Initial credit impairment
Subsequent credit impairment	14
Reductions for amounts recognized in earnings due to intent or requirement to sell
Reductions for securities sold
Reduction for actual realized losses	(34)	(40)
Reduction for increase in cash flows expected to be collected
Ending balance	$ 239	$ 259

NET LOANS RECEIVABLE (Narrative

NET LOANS RECEIVABLE (Narrative) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Minimum amount of receivable to disclose	$ 60	$ 60
Loans within Trade Area [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	$ 1,800	$ 2,300

NET LOANS RECEIVABLE (Schedule

NET LOANS RECEIVABLE (Schedule of Primary Segments of Loan Portfolio) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	$ 84,674	$ 77,439
Individually evaluated for impairment
Collectively evaluated for impairment	84,674	77,439
Deferred loan fees	469	434
Allowance for loan losses	(468)	(418)
Net Loans Receivable	84,675	77,455
First Mortgage Loans One To Four Family Dwellings [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	72,237	65,153
Individually evaluated for impairment
Collectively evaluated for impairment	72,237	65,153
First Mortgage Loans Construction [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	1,769	1,866
Individually evaluated for impairment
Collectively evaluated for impairment	1,769	1,866
First Mortgage Loans Land Acquisition And Development [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		462
Individually evaluated for impairment
Collectively evaluated for impairment		462
First Mortgage Loans Multifamily Dwellings [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	3,390	3,653
Individually evaluated for impairment
Collectively evaluated for impairment	3,390	3,653
First Mortgage Loans Commercial [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	3,482	2,033
Individually evaluated for impairment
Collectively evaluated for impairment	3,482	2,033
Consumer Loans Home Equity [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	861	1,017
Individually evaluated for impairment
Collectively evaluated for impairment	861	1,017
Consumer Loans Home Equity Lines Of Credit [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	2,177	2,275
Individually evaluated for impairment
Collectively evaluated for impairment	2,177	2,275
Consumer Loans Other [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	125	139
Individually evaluated for impairment
Collectively evaluated for impairment	125	139
Commercial Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans	633	841
Individually evaluated for impairment
Collectively evaluated for impairment	$ 633	$ 841

NET LOANS RECEIVABLE (Schedul66

NET LOANS RECEIVABLE (Schedule of Nonaccrual Loans) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Financing Receivable, Impaired [Line Items]
Principal outstanding on nonaccrual loans	$ 235	$ 246
Average nonaccrual loans	242	250
Interest income that would have been recognized	15	15
Interest income recognized	21	17
Interest income foregone
First Mortgage Loans One To Four Family Dwellings [Member]
Financing Receivable, Impaired [Line Items]
Principal outstanding on nonaccrual loans	235	246
Average nonaccrual loans	242	250
First Mortgage Loans Construction [Member]
Financing Receivable, Impaired [Line Items]
Principal outstanding on nonaccrual loans
Average nonaccrual loans
First Mortgage Loans Land Acquisition And Development [Member]
Financing Receivable, Impaired [Line Items]
Principal outstanding on nonaccrual loans
Average nonaccrual loans
Commercial Real Estate [Member]
Financing Receivable, Impaired [Line Items]
Principal outstanding on nonaccrual loans
Average nonaccrual loans
Consumer Loans Home Equity Lines Of Credit [Member]
Financing Receivable, Impaired [Line Items]
Principal outstanding on nonaccrual loans
Average nonaccrual loans

NET LOANS RECEIVABLE (Schedul67

NET LOANS RECEIVABLE (Schedule of Loan Portfolio by Aging Categories) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	$ 84,439	$ 77,193
90 Days + Past Due Non-accrual	235	246
Total Past Due	235	246
Total Loans	84,674	77,439
Deferred loan fees	469	434
Allowance for loan losses	(468)	(418)
Net Loans Receivable	84,675	77,455
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
First Mortgage Loans One To Four Family Dwellings [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	72,002	64,907
90 Days + Past Due Non-accrual	235	246
Total Past Due	235	246
Total Loans	72,237	65,153
First Mortgage Loans One To Four Family Dwellings [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
First Mortgage Loans One To Four Family Dwellings [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
First Mortgage Loans One To Four Family Dwellings [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
First Mortgage Loans Construction [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	1,769	1,866
90 Days + Past Due Non-accrual
Total Past Due
Total Loans	1,769	1,866
First Mortgage Loans Construction [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
First Mortgage Loans Construction [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
First Mortgage Loans Construction [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
First Mortgage Loans Land Acquisition And Development [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current		462
90 Days + Past Due Non-accrual
Total Past Due
Total Loans		462
First Mortgage Loans Land Acquisition And Development [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
First Mortgage Loans Land Acquisition And Development [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
First Mortgage Loans Land Acquisition And Development [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
First Mortgage Loans Multifamily Dwellings [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	3,390	3,653
90 Days + Past Due Non-accrual
Total Past Due
Total Loans	3,390	3,653
First Mortgage Loans Multifamily Dwellings [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
First Mortgage Loans Multifamily Dwellings [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
First Mortgage Loans Multifamily Dwellings [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
First Mortgage Loans Commercial [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	3,482	2,033
90 Days + Past Due Non-accrual
Total Past Due
Total Loans	3,482	2,033
First Mortgage Loans Commercial [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
First Mortgage Loans Commercial [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
First Mortgage Loans Commercial [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Consumer Loans Home Equity [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	861	1,017
90 Days + Past Due Non-accrual
Total Past Due
Total Loans	861	1,017
Consumer Loans Home Equity [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Consumer Loans Home Equity [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Consumer Loans Home Equity [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Consumer Loans Home Equity Lines Of Credit [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	2,177	2,275
90 Days + Past Due Non-accrual
Total Past Due
Total Loans	2,177	2,275
Consumer Loans Home Equity Lines Of Credit [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Consumer Loans Home Equity Lines Of Credit [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Consumer Loans Home Equity Lines Of Credit [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Consumer Loans Other [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	125	139
90 Days + Past Due Non-accrual
Total Past Due
Total Loans	125	139
Consumer Loans Other [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Consumer Loans Other [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Consumer Loans Other [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Commercial Loans [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Current	633	841
90 Days + Past Due Non-accrual
Total Past Due
Total Loans	633	841
Commercial Loans [Member] | Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Commercial Loans [Member] | Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due
Commercial Loans [Member] | Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due

NET LOANS RECEIVABLE (Schedul68

NET LOANS RECEIVABLE (Schedule of Loans by Internal Classification) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
First Mortgage Loans Construction [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	$ 1,769	$ 1,866
First Mortgage Loans Construction [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	1,769	1,866
First Mortgage Loans Construction [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable
First Mortgage Loans Construction [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable
First Mortgage Loans Construction [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable
First Mortgage Loans Land Acquisition And Development [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable		462
First Mortgage Loans Land Acquisition And Development [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable		462
First Mortgage Loans Land Acquisition And Development [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable
First Mortgage Loans Land Acquisition And Development [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable
First Mortgage Loans Land Acquisition And Development [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable
First Mortgage Loans Multifamily Dwellings [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	3,390	3,653
First Mortgage Loans Multifamily Dwellings [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	3,390	3,653
First Mortgage Loans Multifamily Dwellings [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable
First Mortgage Loans Multifamily Dwellings [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable
First Mortgage Loans Multifamily Dwellings [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable
First Mortgage Loans Commercial [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	3,482	2,033
First Mortgage Loans Commercial [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	3,482	2,033
First Mortgage Loans Commercial [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable
First Mortgage Loans Commercial [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable
First Mortgage Loans Commercial [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable
Commercial Loans [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	633	841
Commercial Loans [Member] | Pass [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	633	841
Commercial Loans [Member] | Special Mention [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable
Commercial Loans [Member] | Substandard [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable
Commercial Loans [Member] | Doubtful [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable

NET LOANS RECEIVABLE (Schedul69

NET LOANS RECEIVABLE (Schedule of Performing and Non-Performing Loans) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
First Mortgage Loans One To Four Family Dwellings [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	$ 72,237	$ 65,153
Consumer Loan [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	3,163	3,431
Performing Financing Receivable [Member] | First Mortgage Loans One To Four Family Dwellings [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	72,002	64,907
Performing Financing Receivable [Member] | Consumer Loan [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	3,163	3,431
Nonperforming Financing Receivable [Member] | First Mortgage Loans One To Four Family Dwellings [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable	235	246
Nonperforming Financing Receivable [Member] | Consumer Loan [Member]
Financing Receivable, Recorded Investment [Line Items]
Loans receivable

ALLOWANCE FOR LOAN LOSSES (Narr

ALLOWANCE FOR LOAN LOSSES (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Summary of the changes in the allowance for loan losses:
Provisions	$ 50	$ 58	$ 56
One To Four Family First Mortgage Loan Receivable Allowance [Member]
Summary of the changes in the allowance for loan losses:
Provisions	51	83	97
Construction First Mortgage Loan Receivable Allowance [Member]
Summary of the changes in the allowance for loan losses:
Provisions	(6)	(27)	(6)
Commercial Real Estate Portfolio Segment [Member]
Summary of the changes in the allowance for loan losses:
Provisions	15	4	(18)
Multi Family First Mortgage Loan Receivable Allowance [Member]
Summary of the changes in the allowance for loan losses:
Provisions	(2)	(2)	(8)
Consumer Loans [Member]
Summary of the changes in the allowance for loan losses:
Provisions	$ (3)	$ 5	$ (8)

ALLOWANCE FOR LOAN LOSSES (Sche

ALLOWANCE FOR LOAN LOSSES (Schedule of Changes in the Allowance for Loan Losses) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Summary of the changes in the allowance for loan losses:
ALLL balance at June 30	$ 418	$ 360	$ 304
Provision for loan losses	50	58	56
Loans charged off
ALLL balance at June 30	$ 468	$ 418	$ 360

ALLOWANCE FOR LOAN LOSSES (Sc72

ALLOWANCE FOR LOAN LOSSES (Schedule of Primary Segments of Allowance for Loan Losses) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Summary of the changes in the allowance for loan losses:
ALLL balance at June 30	$ 418	$ 360	$ 304
Charge-offs
Recoveries
Provisions	50	58	56
ALLL balance at June 30	468	418	360
Individually evaluated for impairment
Collectively evaluated for impairment				468	418	360
Total ALLL balance	418	360	360	468	418	360
One To Four Family First Mortgage Loan Receivable Allowance [Member]
Summary of the changes in the allowance for loan losses:
ALLL balance at June 30	305	222	125
Charge-offs
Recoveries
Provisions	51	83	97
ALLL balance at June 30	356	305	222
Individually evaluated for impairment
Collectively evaluated for impairment				356	305	222
Total ALLL balance	305	222	222	356	305	222
Construction First Mortgage Loan Receivable Allowance [Member]
Summary of the changes in the allowance for loan losses:
ALLL balance at June 30	30	57	63
Charge-offs
Recoveries
Provisions	(6)	(27)	(6)
ALLL balance at June 30	24	30	57
Individually evaluated for impairment
Collectively evaluated for impairment				24	30	57
Total ALLL balance	30	57	57	24	30	57
Land Acquisition And Development First Mortgage Loan Receivable Allowance [Member]
Summary of the changes in the allowance for loan losses:
ALLL balance at June 30	5	7	9
Charge-offs
Recoveries
Provisions	(5)	(2)	(2)
ALLL balance at June 30		5	7
Individually evaluated for impairment
Collectively evaluated for impairment					5	7
Total ALLL balance	5	7	7		5	7
Multi Family First Mortgage Loan Receivable Allowance [Member]
Summary of the changes in the allowance for loan losses:
ALLL balance at June 30	20	22	30
Charge-offs
Recoveries
Provisions	(2)	(2)	(8)
ALLL balance at June 30	18	20	22
Individually evaluated for impairment
Collectively evaluated for impairment				18	20	22
Total ALLL balance	20	22	22	18	20	22
Commercial Real Estate Portfolio Segment [Member]
Summary of the changes in the allowance for loan losses:
ALLL balance at June 30	20	16	34
Charge-offs
Recoveries
Provisions	15	4	(18)
ALLL balance at June 30	35	20	16
Individually evaluated for impairment
Collectively evaluated for impairment				35	20	16
Total ALLL balance	20	16	16	35	20	16
Consumer Loans [Member]
Summary of the changes in the allowance for loan losses:
ALLL balance at June 30	34	29	37
Charge-offs
Recoveries
Provisions	(3)	5	(8)
ALLL balance at June 30	31	34	29
Individually evaluated for impairment
Collectively evaluated for impairment				31	34	29
Total ALLL balance	34	29	29	31	34	29
Commercial Portfolio Segment [Member]
Summary of the changes in the allowance for loan losses:
ALLL balance at June 30	4	7	6
Charge-offs
Recoveries
Provisions		(3)	1
ALLL balance at June 30	4	4	7
Individually evaluated for impairment
Collectively evaluated for impairment				4	4	7
Total ALLL balance	$ 4	$ 7	$ 7	$ 4	$ 4	$ 7

ALLOWANCE FOR LOAN LOSSES (Sc73

ALLOWANCE FOR LOAN LOSSES (Schedule of Reserve Factors) (Details)	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
One To Four Family First Mortgage Loan Receivable Allowance [Member]
Financing Receivable, Allowance for Credit Losses [Line Items]
Reserve factor	0.46%	0.43%	0.40%

ACCRUED INTEREST RECEIVABLE (De

ACCRUED INTEREST RECEIVABLE (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accrued interest receivable	$ 1,225	$ 1,206
Collateralized Mortgage Obligations [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accrued interest receivable	936	924
Loans [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accrued interest receivable	172	196
Federal Home Loan Bank Advances [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accrued interest receivable	$ 117	$ 86

FEDERAL HOME LOAN BANK STOCK (D

FEDERAL HOME LOAN BANK STOCK (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
FEDERAL HOME LOAN BANK (FHLB) STOCK [Abstract]
Federal Home Loan Bank stock, at cost	$ 7,161	$ 7,062

PREMISES AND EQUIPMENT (Details

PREMISES AND EQUIPMENT (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Public Utility, Property, Plant and Equipment [Line Items]
Premises and equipment, gross	$ 3,628	$ 3,612
Less accumulated depreciation	3,236	3,158
Premises and equipment, total	392	454
Depreciation	78	97	$ 98
Land and Land Improvements [Member]
Public Utility, Property, Plant and Equipment [Line Items]
Premises and equipment, gross	246	246
Building and Building Improvements [Member]
Public Utility, Property, Plant and Equipment [Line Items]
Premises and equipment, gross	2,165	2,165
Furniture and Equipment [Member]
Public Utility, Property, Plant and Equipment [Line Items]
Premises and equipment, gross	$ 1,217	$ 1,201

DEPOSITS (Narrative) (Details)

DEPOSITS (Narrative) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
DEPOSITS [Abstract]
Savings certificates	$ 2,441	$ 2,272	$ 2,343	$ 3,573
Brokered CDs	9,300	5,700
Certificates of Deposit [Member]
DEPOSITS [Abstract]
Savings certificates	$ 250	$ 250

DEPOSITS (Schedule of Retail De

DEPOSITS (Schedule of Retail Deposit Accounts) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
Amount
Non-interest-earning checking	$ 18,436	$ 19,396
Interest-earning checking	24,459	23,787
Savings accounts	44,727	45,524
Money market accounts	21,087	22,484
Savings certificates	34,376	32,313
Advance payments by borrowers for taxes and insurance	1,938	1,785
Total	$ 145,023	$ 145,289
Percent of Portfolio
Non-interest-earning checking	12.70%	13.40%
Interest-earning checking	16.90%	16.40%
Savings accounts	30.80%	31.30%
Money market accounts	14.60%	15.50%
Savings certificates	23.70%	22.20%
Advance payments by borrowers for taxes and insurance	1.30%	1.20%
Total	100.00%	100.00%

DEPOSITS (Schedule of Maturitie

DEPOSITS (Schedule of Maturities of Retail and Wholesale Savings Certificates) (Details) $ in Thousands	Jun. 30, 2018USD ($)
Maturities of retail and wholesale savings certificates
Within one year	$ 27,812
Beyond one year but within two years	3,755
Beyond two years but within three years	1,459
Beyond three years but within four years	754
Beyond four years but within five years	176
Beyond five years	420
Total	$ 34,376

DEPOSITS (Schedule of Interest

DEPOSITS (Schedule of Interest Expense by Deposit Category) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Deposits [Abstract]
Interest-earning checking	$ 4	$ 4	$ 4
Savings accounts	17	20	22
Money market accounts	20	21	22
Savings certificates	365	200	162
Total	$ 406	$ 245	$ 210

FEDERAL HOME LOAN BANK ADVANC81

FEDERAL HOME LOAN BANK ADVANCES (Schedule of Contractual Maturities of Federal Home Loan Bank Long-Term Advances) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
Debt Instrument [Line Items]
Federal Home Loan Bank advances: long-term		$ 10,000
Convertible Debt [Member]
Debt Instrument [Line Items]
Maturity range, minimum	Jul. 27, 2017
Maturity range, maximum	Jul. 27, 2017
Federal Home Loan Bank advances: long-term		10,000
Convertible Debt [Member] | Minimum [Member]
Debt Instrument [Line Items]
Interest rate	4.26%
Convertible Debt [Member] | Maximum [Member]
Debt Instrument [Line Items]
Interest rate	4.26%
Convertible Debt [Member] | Weighted Average [Member]
Debt Instrument [Line Items]
Interest rate	4.26%
Adjustable Debt [Member]
Debt Instrument [Line Items]
Maturity range, minimum	Aug. 11, 2017
Maturity range, maximum	Sep. 1, 2017
Federal Home Loan Bank advances: long-term		6,109
Adjustable Debt [Member] | Minimum [Member]
Debt Instrument [Line Items]
Interest rate	1.23%
Adjustable Debt [Member] | Maximum [Member]
Debt Instrument [Line Items]
Interest rate	1.27%
Adjustable Debt [Member] | Weighted Average [Member]
Debt Instrument [Line Items]
Interest rate	1.25%
Federal Home Loan Bank Advances [Member]
Debt Instrument [Line Items]
Federal Home Loan Bank advances: long-term		$ 16,109

FEDERAL HOME LOAN BANK ADVANC82

FEDERAL HOME LOAN BANK ADVANCES (Schedule of Federal Home Loan Bank Short-Term Advances) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017
FEDERAL HOME LOAN BANK ADVANCES [Abstract]
Ending balance	$ 171,403	$ 155,799
Average balance during the year	167,306	144,258
Maximum month-end balance during the year	$ 179,791	$ 155,799
Average interest rate during the year	1.60%	0.78%
Weighted-average rate at year-end	2.12%	1.24%
Remaining borrowing capacity	$ 2,500
Federal Home Loan Bank Advances [Member] | Minimum [Member]
FEDERAL HOME LOAN BANK ADVANCES [Abstract]
Spread over variable rate	0.05%
Federal Home Loan Bank Advances [Member] | Maximum [Member]
FEDERAL HOME LOAN BANK ADVANCES [Abstract]
Spread over variable rate	0.16%

COMMITMENTS AND CONTINGENT LI83

COMMITMENTS AND CONTINGENT LIABILITIES (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
Commitments and Contingencies Disclosure [Abstract]
Loan commitments, off-balance sheet risk	$ 9,400	$ 10,000

REGULATORY CAPITAL (Narrative)

REGULATORY CAPITAL (Narrative) (Details)	Jun. 30, 2018	Jun. 30, 2017	Jan. 02, 2017	Jan. 02, 2016	Dec. 31, 2015
West View Savings Bank [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total Capital (to Risk-Weighted Assets) - For Capital Adequacy Purposes ratio	8.00%	8.00%
Tier I Capital (to Risk-Weighted Assets) - For Capital Adequacy Purposes ratio	6.00%	6.00%
Tier I Capital (to Average Total Assets) - For Capital Adequacy Purposes ratio	4.00%	4.00%
Risk weight percentage				150.00%	100.00%
Capital conservation buffer	2.50%
West View Savings Bank [Member] | Minimum [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier I Capital (to Risk-Weighted Assets) - For Capital Adequacy Purposes ratio			6.00%		4.00%
Common Stock [Member] | Minimum [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier I Capital (to Risk-Weighted Assets) - For Capital Adequacy Purposes ratio	6.50%
Common Stock [Member] | West View Savings Bank [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier I Capital (to Risk-Weighted Assets) - For Capital Adequacy Purposes ratio	4.50%	4.50%

REGULATORY CAPITAL (Schedule of

REGULATORY CAPITAL (Schedule of Compliance with Regulatory Capital Requirements) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
Parent Company [Member]
Total Capital (to Risk-Weighted Assets)
Total Capital (to Risk-Weighted Assets) - Actual	$ 34,712	$ 33,688
Total Capital (to Risk-Weighted Assets) - To Be Well Capitalized	18,815	17,131
Total Capital (to Risk-Weighted Assets) - For Capital Adequacy Purposes	$ 15,052	$ 13,704
Total Capital (to Risk-Weighted Assets) - Actual ratio	18.45%	19.67%
Total Capital (to Risk-Weighted Assets) - To Be Well Capitalized ratio	10.00%	10.00%
Total Capital (to Risk-Weighted Assets) - For Capital Adequacy Purposes ratio	8.00%	8.00%
Tier I Capital (to Risk-Weighted Assets)
Tier I Capital (to Risk-Weighted Assets) - Actual	$ 34,205	$ 33,231
Tier I Capital (to Risk-Weighted Assets) - To Be Well Capitalized	15,052	13,704
Tier I Capital (to Risk-Weighted Assets) - For Capital Adequacy Purposes	$ 11,289	$ 10,278
Tier I Capital (to Risk-Weighted Assets) - Actual ratio	18.18%	19.40%
Tier I Capital (to Risk-Weighted Assets) - To Be Well Capitalized ratio	8.00%	8.00%
Tier I Capital (to Risk-Weighted Assets) - For Capital Adequacy Purposes ratio	6.00%	6.00%
Tier I Capital (to Average Total Assets)
Tier I Capital (to Average Total Assets) - Actual	$ 34,205	$ 33,231
Tier I Capital (to Average Total Assets) - To Be Well Capitalized	17,718	17,427
Tier I Capital (to Average Total Assets) - For Capital Adequacy Purposes	$ 14,174	$ 13,942
Tier I Capital (to Average Total Assets) - Actual ratio	9.65%	9.53%
Tier I Capital (to Average Total Assets) - To Be Well Capitalized ratio	5.00%	5.00%
Tier I Capital (to Average Total Assets) - For Capital Adequacy Purposes ratio	4.00%	4.00%
Parent Company [Member] | Common Stock [Member]
Tier I Capital (to Risk-Weighted Assets)
Tier I Capital (to Risk-Weighted Assets) - Actual	$ 34,205	$ 33,231
Tier I Capital (to Risk-Weighted Assets) - To Be Well Capitalized	12,229	11,135
Tier I Capital (to Risk-Weighted Assets) - For Capital Adequacy Purposes	$ 8,467	$ 7,709
Tier I Capital (to Risk-Weighted Assets) - Actual ratio	18.18%	19.40%
Tier I Capital (to Risk-Weighted Assets) - To Be Well Capitalized ratio	6.50%	6.50%
Tier I Capital (to Risk-Weighted Assets) - For Capital Adequacy Purposes ratio	4.50%	4.50%
West View Savings Bank [Member]
Total Capital (to Risk-Weighted Assets)
Total Capital (to Risk-Weighted Assets) - Actual	$ 32,483	$ 31,878
Total Capital (to Risk-Weighted Assets) - To Be Well Capitalized	18,803	17,120
Total Capital (to Risk-Weighted Assets) - For Capital Adequacy Purposes	$ 15,042	$ 13,696
Total Capital (to Risk-Weighted Assets) - Actual ratio	17.28%	18.62%
Total Capital (to Risk-Weighted Assets) - To Be Well Capitalized ratio	10.00%	10.00%
Total Capital (to Risk-Weighted Assets) - For Capital Adequacy Purposes ratio	8.00%	8.00%
Tier I Capital (to Risk-Weighted Assets)
Tier I Capital (to Risk-Weighted Assets) - Actual	$ 31,976	$ 31,421
Tier I Capital (to Risk-Weighted Assets) - To Be Well Capitalized	15,042	13,696
Tier I Capital (to Risk-Weighted Assets) - For Capital Adequacy Purposes	$ 11,281	$ 10,272
Tier I Capital (to Risk-Weighted Assets) - Actual ratio	17.01%	18.35%
Tier I Capital (to Risk-Weighted Assets) - To Be Well Capitalized ratio	8.00%	8.00%
Tier I Capital (to Risk-Weighted Assets) - For Capital Adequacy Purposes ratio	6.00%	6.00%
Tier I Capital (to Average Total Assets)
Tier I Capital (to Average Total Assets) - Actual	$ 31,976	$ 31,421
Tier I Capital (to Average Total Assets) - To Be Well Capitalized	17,712	17,422
Tier I Capital (to Average Total Assets) - For Capital Adequacy Purposes	$ 14,170	$ 13,937
Tier I Capital (to Average Total Assets) - Actual ratio	9.03%	9.02%
Tier I Capital (to Average Total Assets) - To Be Well Capitalized ratio	5.00%	5.00%
Tier I Capital (to Average Total Assets) - For Capital Adequacy Purposes ratio	4.00%	4.00%
West View Savings Bank [Member] | Common Stock [Member]
Tier I Capital (to Risk-Weighted Assets)
Tier I Capital (to Risk-Weighted Assets) - Actual	$ 31,976	$ 31,421
Tier I Capital (to Risk-Weighted Assets) - To Be Well Capitalized	12,222	11,128
Tier I Capital (to Risk-Weighted Assets) - For Capital Adequacy Purposes	$ 8,461	$ 7,704
Tier I Capital (to Risk-Weighted Assets) - Actual ratio	17.01%	18.35%
Tier I Capital (to Risk-Weighted Assets) - To Be Well Capitalized ratio	6.50%	6.50%
Tier I Capital (to Risk-Weighted Assets) - For Capital Adequacy Purposes ratio	4.50%	4.50%

STOCK BENEFIT PLANS (Narrative)

STOCK BENEFIT PLANS (Narrative) (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options outstanding, weighted-average exercise price	$ 16.20	$ 16.20	$ 16.20
Employee stock ownership plan, compensation expense	$ 104	$ 125	$ 120
Employee stock ownership plan, number of shares	332,264	339,971
Employee Stock Ownership Plan Term Loan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average interest rate	4.50%
Maturity date	Mar. 31, 2035
Employee Stock Ownership Plan Term Loan One [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average interest rate	4.50%
Maturity date	Mar. 31, 2037
Employee Stock Ownership Plan Term Loan Two [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average interest rate	4.50%
Maturity date	Mar. 31, 2038
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options outstanding, shares	77,019	77,019	77,019	77,019
Stock options outstanding, weighted-average remaining contractual life, years	3 years 5 months 1 day
Maximum stock options or restricted shares authorized	152,000
Contractual term	10 years
Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options outstanding, shares	37,500	37,500	37,500	37,500
Stock options outstanding, weighted-average exercise price	$ 16.20	$ 16.20	$ 16.20
Stock options outstanding, weighted-average remaining contractual life, years	3 months	1 year 3 months
Maximum stock options or restricted shares authorized	38,000
Restricted Shares [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum stock options or restricted shares authorized	38,000

STOCK BENEFIT PLANS (Schedule o

STOCK BENEFIT PLANS (Schedule of Information Related to Outstanding Options) (Details) - $ / shares	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-Average Exercise Price, Outstanding	$ 16.20	$ 16.20	$ 16.20
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding, Beginning of Period	77,019	77,019	77,019
Granted
Exercised
Forfeited
Outstanding, End of Period	77,019	77,019	77,019
Exercisable at year-end	77,019
Available for future grant	36,981
Director [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding, Beginning of Period	37,500	37,500	37,500
Granted
Exercised
Forfeited
Outstanding, End of Period	37,500	37,500	37,500
Exercisable at year-end	37,500
Available for future grant	500
Weighted-Average Exercise Price, Outstanding	$ 16.20	$ 16.20	$ 16.20

STOCK BENEFIT PLANS (Schedule88

STOCK BENEFIT PLANS (Schedule of ESOP Shares) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Allocated shares	153,178	130,951
Unallocated shares	179,086	209,020
Total ESOP shares	332,264	339,971
Fair value of ESOP shares	$ 2,963,873	$ 3,365,222

DIRECTOR, OFFICER, AND EMPLOY89

DIRECTOR, OFFICER, AND EMPLOYEE BENEFITS (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Number of shares held under the Directors' deferred compensation plan	1,731	1,731	1,731
Deferred compensation expense	$ 29	$ 28	$ 28
Deferred compensation liability	267	208
Earnings on bank owned life insurance	126	131	134
Bank owned life insurance	4,668	4,541
Death benefits	10,900
Current portion of asset retirement obligation	122	118	115
Paid To Beneficiaries [Member]
Death benefits	2,400
Paid To Company [Member]
Death benefits	8,500
Executive Life Insurance [Member]
Current portion of asset retirement obligation	$ 56	$ 32	$ 34

INCOME TAXES (Schedule of Provi

INCOME TAXES (Schedule of Provision for Income Taxes) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Currently payable:
Federal									$ 877	$ 801	$ 659
State									186	105	137
Current income taxes, total									1,063	906	796
Deferred									(68)	(58)	3
Change in corporate tax rate									133
Total	$ 243	$ 233	$ 355	$ 297	$ 203	$ 263	$ 196	$ 186	$ 1,128	$ 848	$ 799

INCOME TAXES (Schedule of Incom

INCOME TAXES (Schedule of Income Tax Amounts Recorded to Stockholders' Equity) (Details) - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Income Tax Disclosure [Abstract]
Net unrealized (gain) loss on securities available for sale	$ 2	$ 17	$ 58
Net non-credit (gain) loss on securities with OTTI	(4)	(44)	(56)
Net gain (loss) recorded to stockholders' equity	$ 6	$ (27)	$ 2

INCOME TAXES (Schedule of Defer

INCOME TAXES (Schedule of Deferred Tax Assets and Liabilities) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
Deferred tax assets:
Allowance for loan losses	$ 101	$ 147
Deferred compensation	62	80
Retirement Plan	117	148
Reserve for uncollected interest		2
Reserve for off-balance sheet commitments	8	13
OTTI other impairment	47	120
OTTI credit impairment	36	65
Net unrealized loss on securities available for sale	3
Other	110	90
Total gross deferred tax assets	484	665
Deferred tax liabilities:
Net unrealized gain on securities available for sale		24
Deferred origination fees, net	124	193
Depreciation reserve	1	11
Total gross deferred tax liabilities	125	228
Net deferred tax assets	$ 359	$ 437

INCOME TAXES (Schedule of Recon

INCOME TAXES (Schedule of Reconciliation of Income Taxes) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Amount
Provision at statutory rate									$ 894	$ 845	$ 722
Impact of change in Federal corporate tax rate									133
State income tax, net of federal tax benefit									146	69	90
Tax exempt income									(7)	(5)	(3)
Bank Owned Life Insurance									(34)	(45)	(46)
Other, net									(4)	(16)	36
Total	$ 243	$ 233	$ 355	$ 297	$ 203	$ 263	$ 196	$ 186	$ 1,128	$ 848	$ 799
% of Pretax Income
Provision at statutory rate									27.50%	34.00%	34.00%
Impact of change in Federal corporate tax rate									4.10%
State income tax, net of federal tax benefit									4.50%	2.80%	4.20%
Tax exempt income									(0.20%)	(0.20%)
Bank Owned Life Insurance									(1.00%)	(1.80%)	(2.30%)
Other, net									(0.10%)	(0.70%)	1.70%
Actual tax expense and effective rate									34.80%	34.10%	37.60%
Pennsylvania Mutual Thrift Institutions Tax Percentage	11.50%								11.50%
Allocations of income to bad debt deductions	$ 3,900								$ 3,900

REGULATORY MATTERS (Details)

REGULATORY MATTERS (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017
REGULATORY MATTERS [Abstract]
Net reserve requirement	$ 801	$ 761
The maximum percentage of the Savings Bank's capital surplus allowed for secured loan borrowings	10.00%
Surplus funds not available for dividend purposes	$ 3,400

FAIR VALUE MEASUREMENTS (Assets

FAIR VALUE MEASUREMENTS (Assets Measured at Fair Value on a Recurring and Nonrecurring Basis) (Details) - USD ($) $ in Thousands		Jun. 30, 2018	Jun. 30, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured on a recurring basis			$ 108,449
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured on a recurring basis
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured on a recurring basis		128,811	108,449
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured on a recurring basis
Corporate Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured on a recurring basis		104,339	92,636
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured on a recurring basis
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured on a recurring basis		104,339	92,636
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured on a recurring basis
Foreign Debt Securities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured on a recurring basis	[1]	22,851	14,486
Foreign Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured on a recurring basis	[1]
Foreign Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured on a recurring basis	[1]	22,851	14,486
Foreign Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured on a recurring basis	[1]
Obligations of States and Political Subdivisions [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured on a recurring basis		1,621	1,327
Obligations of States and Political Subdivisions [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured on a recurring basis
Obligations of States and Political Subdivisions [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured on a recurring basis		1,621	1,327
Obligations of States and Political Subdivisions [Member] | Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Assets measured on a recurring basis
[1]	U.S. dollar-denominated investment-grade corporate bonds of large foreign corporate issuers.

FAIR VALUE OF FINANCIAL INSTR96

FAIR VALUE OF FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
FINANCIAL ASSETS
Cash and cash equivalents	$ 2,441	$ 2,272	$ 2,343	$ 3,573
Certificates of deposit	350	10,380
Investment securities - available for sale	128,811	108,449
Investment securities - held to maturity	6,181	8,678
Mortgage-backed securities - held to maturity	115,857	129,321
Net loans receivable	84,675	77,455
Accrued interest receivable	1,225	1,206
FHLB stock	7,161	7,062
Bank owned life insurance	4,668	4,541
Deposits
Savings accounts	44,727	45,524
Money market accounts	21,087	22,484
Certificates of deposit	34,376
FHLB advances - fixed rate		10,000
FHLB advances - variable rate		6,109
FHLB short-term advances	171,403	155,799
Accrued interest payable	380	247
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
FINANCIAL ASSETS
Investment securities - held to maturity	114,899	128,201
Mortgage-backed Securities, Issued by Private Enterprises [Member]
FINANCIAL ASSETS
Investment securities - held to maturity	958	1,120
Fair Value, Inputs, Level 1 [Member]
FINANCIAL ASSETS
Cash and cash equivalents	2,441	2,272
Certificates of deposit	350	10,380
Investment securities - available for sale
Investment securities - held to maturity
Net loans receivable
Accrued interest receivable	1,225	1,206
FHLB stock	7,161	7,062
Bank owned life insurance	4,668	4,541
Deposits
Non-interest-bearing accounts	18,436	19,396
Interest-earning checking	24,459	23,787
Savings accounts	44,727	45,524
Money market accounts	21,087	22,484
Certificates of deposit
Advance payments by borrowers for taxes and insurance	1,938	1,785
FHLB advances - fixed rate
FHLB advances - variable rate		6,109
FHLB short-term advances	171,403	155,799
Accrued interest payable	380	247
Fair Value, Inputs, Level 1 [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
FINANCIAL ASSETS
Mortgage-backed securities - held to maturity
Fair Value, Inputs, Level 1 [Member] | Mortgage-backed Securities, Issued by Private Enterprises [Member]
FINANCIAL ASSETS
Mortgage-backed securities - held to maturity
Fair Value, Inputs, Level 2 [Member]
FINANCIAL ASSETS
Cash and cash equivalents
Certificates of deposit
Investment securities - available for sale	128,811	108,449
Investment securities - held to maturity	6,125	8,815
Net loans receivable
Accrued interest receivable
FHLB stock
Bank owned life insurance
Deposits
Non-interest-bearing accounts
Interest-earning checking
Savings accounts
Money market accounts
Certificates of deposit
Advance payments by borrowers for taxes and insurance
FHLB advances - fixed rate
FHLB advances - variable rate
FHLB short-term advances
Accrued interest payable
Fair Value, Inputs, Level 2 [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
FINANCIAL ASSETS
Mortgage-backed securities - held to maturity	115,733	128,840
Fair Value, Inputs, Level 2 [Member] | Mortgage-backed Securities, Issued by Private Enterprises [Member]
FINANCIAL ASSETS
Mortgage-backed securities - held to maturity
Fair Value, Inputs, Level 3 [Member]
FINANCIAL ASSETS
Cash and cash equivalents
Certificates of deposit
Investment securities - available for sale
Investment securities - held to maturity
Net loans receivable	84,319	77,224
Accrued interest receivable
FHLB stock
Bank owned life insurance
Deposits
Non-interest-bearing accounts
Interest-earning checking
Savings accounts
Money market accounts
Certificates of deposit	34,053	32,147
Advance payments by borrowers for taxes and insurance
FHLB advances - fixed rate		10,000
FHLB advances - variable rate
FHLB short-term advances
Accrued interest payable
Fair Value, Inputs, Level 3 [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
FINANCIAL ASSETS
Mortgage-backed securities - held to maturity
Fair Value, Inputs, Level 3 [Member] | Mortgage-backed Securities, Issued by Private Enterprises [Member]
FINANCIAL ASSETS
Mortgage-backed securities - held to maturity	1,111	1,341
Carrying (Reported) Amount, Fair Value Disclosure [Member]
FINANCIAL ASSETS
Cash and cash equivalents	2,441	2,272
Certificates of deposit	350	10,380
Investment securities - available for sale	128,811	108,449
Investment securities - held to maturity	6,181	8,678
Net loans receivable	84,675	77,455
Accrued interest receivable	1,225	1,206
FHLB stock	7,161	7,062
Bank owned life insurance	4,668	4,541
Deposits
Non-interest-bearing accounts	18,436	19,396
Interest-earning checking	24,459	23,787
Savings accounts	44,727	45,524
Money market accounts	21,087	22,484
Certificates of deposit	34,376	32,313
Advance payments by borrowers for taxes and insurance	1,938	1,785
FHLB advances - fixed rate		10,000
FHLB advances - variable rate		6,109
FHLB short-term advances	171,403	155,799
Accrued interest payable	380	247
Carrying (Reported) Amount, Fair Value Disclosure [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
FINANCIAL ASSETS
Mortgage-backed securities - held to maturity	114,899	128,201
Carrying (Reported) Amount, Fair Value Disclosure [Member] | Mortgage-backed Securities, Issued by Private Enterprises [Member]
FINANCIAL ASSETS
Mortgage-backed securities - held to maturity	958	1,120
Portion at Fair Value, Fair Value Disclosure [Member]
FINANCIAL ASSETS
Cash and cash equivalents	2,441	2,272
Certificates of deposit	350	10,380
Investment securities - available for sale	128,811	108,449
Investment securities - held to maturity	6,125	8,815
Net loans receivable	84,319	77,224
Accrued interest receivable	1,225	1,206
FHLB stock	7,161	7,062
Bank owned life insurance	4,668	4,541
Deposits
Non-interest-bearing accounts	18,436	19,396
Interest-earning checking	24,459	23,787
Savings accounts	44,727	45,524
Money market accounts	21,087	22,484
Certificates of deposit	34,053	32,147
Advance payments by borrowers for taxes and insurance	1,938	1,785
FHLB advances - fixed rate		10,000
FHLB advances - variable rate		6,109
FHLB short-term advances	171,403	155,799
Accrued interest payable	380	247
Portion at Fair Value, Fair Value Disclosure [Member] | Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member]
FINANCIAL ASSETS
Mortgage-backed securities - held to maturity	115,733	128,840
Portion at Fair Value, Fair Value Disclosure [Member] | Mortgage-backed Securities, Issued by Private Enterprises [Member]
FINANCIAL ASSETS
Mortgage-backed securities - held to maturity	$ 1,111	$ 1,241

PARENT COMPANY (Condensed Balan

PARENT COMPANY (Condensed Balance Sheet) (Details) - USD ($) $ in Thousands	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016	Jun. 30, 2015
ASSETS
Interest-earning deposits with subsidiary bank	$ 342	$ 328
Other assets	168	1,354
TOTAL ASSETS	352,288	351,609
LIABILITIES AND STOCKHOLDERS' EQUITY
Other Liabilities	1,465	1,122
Stockholders' equity	34,017	33,043	$ 33,085	$ 32,043
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	352,288	351,609
Parent Company [Member]
ASSETS
Interest-earning deposits with subsidiary bank	2,104	1,719
Investment in subsidiary bank	31,788	31,232
Other assets	178	99
TOTAL ASSETS	34,070	33,050
LIABILITIES AND STOCKHOLDERS' EQUITY
Other Liabilities	53	7
Stockholders' equity	34,017	33,043
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 34,070	$ 33,050

PARENT COMPANY (Condensed State

PARENT COMPANY (Condensed Statement of Income) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
INCOME
Interest on loans									$ 2,983	$ 2,721	$ 2,324
Total income	$ 2,696	$ 2,482	$ 2,267	$ 2,225	$ 2,097	$ 1,958	$ 1,814	$ 1,777	9,670	7,646	6,812
OTHER OPERATING EXPENSE	957	907	957	892	993	896	916	934	3,713	3,739	3,773
Income before income taxes	836	867	751	799	621	689	591	584	3,253	2,485	2,124
Income tax benefit	243	233	355	297	203	263	196	186	1,128	848	799
NET INCOME	$ 593	$ 634	$ 396	$ 502	$ 418	$ 426	$ 395	$ 398	2,125	1,637	1,325
Parent Company [Member]
INCOME
Interest on loans									94	55	48
Interest on investment and mortgage-backed securities											3
Dividend from subsidiary									1,600	1,300	1,200
Interest-earning deposits with subsidiary bank									2	2	1
Total income									1,696	1,357	1,252
OTHER OPERATING EXPENSE									127	121	125
Income (loss) before equity in undistributed earnings of subsidiary									1,569	1,236	1,127
Equity in undistributed earnings of subsidiary									540	344	170
Income before income taxes									2,109	1,580	1,297
Income tax benefit									(16)	(57)	(28)
NET INCOME									$ 2,125	$ 1,637	$ 1,325

PARENT COMPANY (Condensed Sta99

PARENT COMPANY (Condensed Statement of Cash Flows) (Details) - USD ($) $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
OPERATING ACTIVITIES
Net income	$ 593	$ 634	$ 396	$ 502	$ 418	$ 426	$ 395	$ 398	$ 2,125	$ 1,637	$ 1,325
Adjustments to reconcile net income to net cash provided by (used for) operating activities:
Amortization of unallocated ESOP shares									177	221	52
Other, net									222	83	88
Net cash provided by operating activities									4,573	2,898	3,293
Available-for-sale:
Purchases of investments									(64,664)	(99,794)	(72,318)
Proceeds from repayments of investments									42,331	97,203	21,137
Net cash used for investing activities									(2,290)	(16,807)	(10,819)
FINANCING ACTIVITIES
Cash dividends paid									(689)	(482)	(489)
Increase in Unallocated ESOP shares									(32)	(1,109)	(50)
Net cash provided by financing activities									(2,114)	13,838	6,296
Increase (decrease) in cash and cash equivalents									169	(71)	(1,230)
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR				2,272				2,343	2,272	2,343	3,573
CASH AND CASH EQUIVALENTS AT END OF YEAR	2,441				2,272				2,441	2,272	2,343
Parent Company [Member]
OPERATING ACTIVITIES
Net income									2,125	1,637	1,325
Adjustments to reconcile net income to net cash provided by (used for) operating activities:
Equity in undistributed earnings of subsidiary									(540)	(344)	(170)
Amortization of unallocated ESOP shares									177	221	52
Other, net									(34)	(11)	(1)
Net cash provided by operating activities									1,728	1,503	1,206
Available-for-sale:
Purchases of investments											(1,998)
Proceeds from repayments of investments											2,000
Net cash used for investing activities											2
FINANCING ACTIVITIES
Cash dividends paid									(689)	(482)	(489)
Purchase of treasury stock									(622)	(359)	(19)
Increase in Unallocated ESOP shares									(32)	(1,104)	(47)
Net cash provided by financing activities									(1,343)	(1,945)	(555)
Increase (decrease) in cash and cash equivalents									385	(442)	653
CASH AND CASH EQUIVALENTS AT BEGINNING OF YEAR				$ 1,719				$ 2,161	1,719	2,161	1,508
CASH AND CASH EQUIVALENTS AT END OF YEAR	$ 2,104				$ 1,719				$ 2,104	$ 1,719	$ 2,161

SELECTED QUARTERLY FINANCIAL100

SELECTED QUARTERLY FINANCIAL DATA (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended								12 Months Ended
	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Quarterly Financial Information Disclosure [Abstract]
Total interest and dividend income	$ 2,696	$ 2,482	$ 2,267	$ 2,225	$ 2,097	$ 1,958	$ 1,814	$ 1,777	$ 9,670	$ 7,646	$ 6,812
Total interest expense	985	818	677	644	597	488	396	373	3,124	1,854	1,431
Net interest income	1,711	1,664	1,590	1,581	1,500	1,470	1,418	1,404	6,546	5,792	5,381
Provision for loan losses	29	10	6	5	9	15	18	16	50	58	56
Net interest income after provision for loan losses	1,682	1,654	1,584	1,576	1,491	1,455	1,400	1,388	6,496	5,734	5,325
Total noninterest income	111	120	124	115	123	130	107	130	470	490	572
Total noninterest expense	957	907	957	892	993	896	916	934	3,713	3,739	3,773
Income before income taxes	836	867	751	799	621	689	591	584	3,253	2,485	2,124
Income taxes	243	233	355	297	203	263	196	186	1,128	848	799
Net income	$ 593	$ 634	$ 396	$ 502	$ 418	$ 426	$ 395	$ 398	$ 2,125	$ 1,637	$ 1,325
EARNINGS PER SHARE:
Basic	$ 0.31	$ 0.35	$ 0.22	$ 0.28	$ 0.22	$ 0.23	$ 0.21	$ 0.21	$ 1.16	$ 0.87	$ 0.69
Diluted	$ 0.31	$ 0.35	$ 0.22	$ 0.28	$ 0.22	$ 0.23	$ 0.21	$ 0.21	$ 1.16	$ 0.87	$ 0.69
Average shares outstanding
Basic	1,827,870	1,828,283	1,826,580	1,824,878	1,855,313	1,882,593	1,881,086	1,876,160	1,826,893	1,873,790	1,910,538
Diluted	1,827,870	1,829,750	1,826,580	1,824,878	1,855,313	1,882,593	1,881,086	1,876,160	1,827,260	1,873,790	1,910,538

SELECTED QUARTERLY FINANCIAL101

SELECTED QUARTERLY FINANCIAL DATA (Common Stock Market Price and Dividend Information) (Details) - $ / shares	3 Months Ended								12 Months Ended
	Jun. 30, 2018	Mar. 31, 2018	Dec. 31, 2017	Sep. 30, 2017	Jun. 30, 2017	Mar. 31, 2017	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2018	Jun. 30, 2017	Jun. 30, 2016
Quarterly Financial Information Disclosure [Abstract]
Market price, high	$ 16.72	$ 18.05	$ 16.6	$ 16.85	$ 16.15	$ 15.5	$ 15.4	$ 12.9
Market price, low	15.60	15.4	14.76	15.39	14.44	14.1	12.01	11.1
Cash dividends declared, per share	$ 0.12	$ 0.08	$ 0.06	$ 0.06	$ 0.10	$ 0.06	$ 0.04	$ 0.04	$ 0.32	$ 0.24	$ 0.24