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2. Securities Available For Sale | 12 Months Ended
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Jun. 30, 2013
Notes |
2. Securities Available For Sale | 2. Securities Available for Sale Securities available for sale consist of the following at the dates indicated:
|  | June 30, 2013
|  |  |  |  |  | Gross |  |  | Gross |  |  | Estimated
|  |  | Amortized |  |  | Unrealized |  |  | Unrealized |  |  | Fair
|  |  | Cost |  |  | Gains |  |  | Losses |  |  | Value
U.S. Government Agencies |  | $ | 6,000 |  | $ | 2 |  | $ | - |  | $ | 6,002
Residential Mortgage-backed Securities |  |  |  |  |  |  |  |  |  |  |  |
of U.S. Government Agencies and |  |  |  |  |  |  |  |  |  |  |  |
Government-Sponsored Enterprises |  |  | 18,794 |  |  | 81 |  |  | (127) |  |  | 18,748
Total |  | $ | 24,794 |  | $ | 83 |  | $ | (127) |  | $ | 24,750
|  | June 30, 2012
|  |  |  |  |  | Gross |  |  | Gross |  |  | Estimated
|  |  | Amortized |  |  | Unrealized |  |  | Unrealized |  |  | Fair
|  |  | Cost |  |  | Gains |  |  | Losses |  |  | Value
U.S. Government Agencies |  | $ | 6,102 |  | $ | 2 |  | $ | (2) |  | $ | 6,102
Residential Mortgage-backed Securities |  |  |  |  |  |  |  |  |  |  |  |
of U.S. Government Agencies and |  |  |  |  |  |  |  |  |  |  |  |
Government-Sponsored Enterprises |  |  | 24,958 |  |  | 286 |  |  | (11) |  |  | 25,233
Total |  | $ | 31,060 |  | $ | 288 |  | $ | (13) |  | $ | 31,335
Debt securities available for sale by contractual maturity at the dates indicated are shown below. Mortgage-backed securities are not included in the maturity categories because the borrowers in the underlying pools may prepay without penalty; therefore, it is unlikely that the securities will pay at their stated maturity schedule.
|  | June 30, 2013
|  |  | Amortized |  |  | Estimated
|  |  | Cost |  |  | Fair Value
Due within one year |  | $ | - |  | $ | -
Due after one year through five years |  |  | 6,000 |  |  | 6,002
Due after five years through ten years |  |  | - |  |  | -
Due after ten years |  |  | - |  |  | -
Mortgage-backed securities |  |  | 18,794 |  |  | 18,748
Total |  | $ | 24,794 |  | $ | 24,750
|  | June 30, 2012
|  |  | Amortized |  |  | Estimated
|  |  | Cost |  |  | Fair Value
Due within one year |  | $ | 6,000 |  | $ | 6,002
Due after one year through five years |  |  | 102 |  |  | 100
Due after five years through ten years |  |  | - |  |  | -
Due after ten years |  |  | - |  |  | -
Mortgage-backed securities |  |  | 24,958 |  |  | 25,233
Total |  | $ | 31,060 |  | $ | 31,335
Gross proceeds and gross realized gains and losses from sales of securities recognized in net income follow:
|  | June 30,
|  |  | 2013 |  |  | 2012 |  |  | 2011
Gross proceeds from sales of securities |  | $ | - |  | $ | - |  | $ | 8,555
Gross realized gains from sales of securities |  |  | - |  |  | - |  |  | 443
Gross realized losses from sales of securities |  |  | - |  |  | - |  |  | 13
Securities available for sale with costs totaling $21,429 and $15,563 with market values of $21,500 and $15,727 at June 30, 2013 and June 30, 2012, respectively, were pledged as collateral to secure various public deposits and retail repurchase agreements. The gross unrealized losses and the fair value for securities available for sale aggregated by the length of time that individual securities have been in a continuous unrealized loss position as of June 30, 2013 and June 30, 2012 were as follows:
|  | June 30, 2013
|  | Less than 12 Months |  | 12 Months or More |  | Total
|  |  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized
|  |  | Value |  |  | Losses |  |  | Value |  |  | Losses |  |  | Value |  |  | Losses
Residential Mortgage-backed |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities of U.S. Government |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Agencies and Government- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sponsored Enterprises |  |  | 5,707 |  |  | (122) |  |  | 745 |  |  | (5) |  |  | 6,452 |  |  | (127)
Total |  | $ | 5,707 |  | $ | (122) |  | $ | 745 |  | $ | (5) |  | $ | 6,452 |  | $ | (127)
|  | June 30, 2012
|  | Less than 12 Months |  | 12 Months or More |  | Total
|  |  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized |  |  | Fair |  |  | Unrealized
|  |  | Value |  |  | Losses |  |  | Value |  |  | Losses |  |  | Value |  |  | Losses
U.S. Government Agencies |  | $ | - |  | $ | - |  | $ | 100 |  | $ | (2) |  | $ | 100 |  | $ | (2)
Residential Mortgage-backed |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Securities of U.S. Government |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Agencies and Government- |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sponsored Enterprises |  |  | 2,908 |  |  | (8) |  |  | 100 |  |  | (3) |  |  | 3,008 |  |  | (11)
Total |  | $ | 2,908 |  | $ | (8) |  | $ | 200 |  | $ | (5) |  | $ | 3,108 |  | $ | (13)
The total number of securities with unrealized losses at June 30, 2013, and June 30, 2012 were 26 and 22, respectively. Unrealized losses on securities have not been recognized in income because management has the intent and ability to hold the securities for the foreseeable future, and has determined that it is not more likely than not that the Company will be required to sell the securities prior to a recovery in value. The decline in fair value was largely due to increases in market interest rates. The Company had no other than temporary impairment losses during the years ended June 2013, 2012 or 2011. The Bank, as a member of the FHLB, is required to maintain an investment in FHLB capital stock. No ready market exists for the FHLB stock and the carrying value approximates its fair value based on the redemption provisions of the FHLB.

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- Definition Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27290-111563 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 9 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27357-111563 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27337-111563 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 320 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62557-112803 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27198-111563 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 320 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6957658&loc=d3e62586-112803 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=27724398&loc=d3e27161-111563 + Details
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