XML 36 R10.htm IDEA: XBRL DOCUMENT
v2.4.0.8

3. Loans | 12 Months Ended
--- | ---
Jun. 30, 2013
Notes |
3. Loans | 3. Loans Loans consist of the following at the dates indicated:
|  | June 30, |  |  | June 30, |
|  | 2013 |  |  | 2012 |
Retail consumer loans: |  |  |  |  |  |
One- to four-family | $ | 602,980 |  | $ | 620,486
Home equity lines of credit |  | 125,676 |  |  | 143,052
Construction and land/lots |  | 51,546 |  |  | 53,572
Consumer |  | 3,349 |  |  | 3,819
Total retail consumer loans |  | 783,551 |  |  | 820,929
Commercial loans: |  |  |  |  |
Commercial real estate |  | 231,086 |  |  | 238,644
Construction and development |  | 23,994 |  |  | 42,362
Commercial and industrial |  | 11,452 |  |  | 14,578
Municipal leases |  | 116,377 |  |  | 115,516
Total commercial loans |  | 382,909 |  |  | 411,100
Total loans |  | 1,166,460 |  |  | 1,232,029
Deferred loan fees, net |  | (1,347) |  |  | (1,860)
Discount on loans from business combination |  | (930) |  |  | (1,124)
Total loans, net of deferred loan fees and discount |  | 1,164,183 |  |  | 1,229,045
Allowance for loan and lease losses |  | (32,073) |  |  | (35,100)
Net loans | $ | 1,132,110 |  | $ | 1,193,945
All the qualifying first mortgage loans, home equity lines of credit, and FHLB Stock are pledged as collateral by a blanket pledge to secure any outstanding FHLB advances. The Company’s total loans by segment, class, and risk grade at the dates indicated follow:
|  |  |  |  | Special |  |  |  |  |  |  |  |  |  |  |  |
|  | Pass |  |  | Mention |  |  | Substandard |  |  | Doubtful |  |  | Loss |  |  | Total
June 30, 2013 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail consumer loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
One- to four-family | $ | 537,329 |  | $ | 14,003 |  | $ | 47,896 |  | $ | 3,715 |  | $ | 37 |  | $ | 602,980
Home equity lines of credit |  | 117,438 |  |  | 1,374 |  |  | 6,679 |  |  | 184 |  |  | 1 |  |  | 125,676
Construction and land/lots |  | 48,914 |  |  | 209 |  |  | 2,199 |  |  | 224 |  |  | - |  |  | 51,546
Consumer |  | 3,144 |  |  | 62 |  |  | 134 |  |  | 6 |  |  | 3 |  |  | 3,349
Commercial loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate |  | 179,310 |  |  | 20,105 |  |  | 27,116 |  |  | 4,555 |  |  | - |  |  | 231,086
Construction and development |  | 9,872 |  |  | 2,853 |  |  | 10,950 |  |  | 318 |  |  | 1 |  |  | 23,994
Commercial and industrial |  | 8,812 |  |  | 835 |  |  | 1,647 |  |  | 157 |  |  | 1 |  |  | 11,452
Municipal leases |  | 114,418 |  |  | 1,959 |  |  | - |  |  | - |  |  | - |  |  | 116,377
Total loans | $ | 1,019,237 |  | $ | 41,402 |  | $ | 96,621 |  | $ | 9,159 |  | $ | 43 |  | $ | 1,166,460
|  |  |  |  | Special |  |  |  |  |  |  |  |  |  |  |  |
|  | Pass |  |  | Mention |  |  | Substandard |  |  | Doubtful |  |  | Loss |  |  | Total
June 30, 2012 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail consumer loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
One- to four-family | $ | 553,457 |  | $ | 9,305 |  | $ | 55,338 |  | $ | 2,366 |  | $ | 20 |  | $ | 620,486
Home equity lines of credit |  | 134,959 |  |  | 1,267 |  |  | 5,620 |  |  | 1,204 |  |  | 2 |  |  | 143,052
Construction and land/lots |  | 48,759 |  |  | 704 |  |  | 3,084 |  |  | 1,025 |  |  | - |  |  | 53,572
Consumer |  | 3,563 |  |  | 55 |  |  | 159 |  |  | 39 |  |  | 3 |  |  | 3,819
Commercial loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate |  | 195,372 |  |  | 16,291 |  |  | 25,958 |  |  | 1,023 |  |  | - |  |  | 238,644
Construction and development |  | 20,074 |  |  | 5,739 |  |  | 16,406 |  |  | 142 |  |  | 1 |  |  | 42,362
Commercial and industrial |  | 9,818 |  |  | 1,073 |  |  | 3,527 |  |  | 157 |  |  | 3 |  |  | 14,578
Municipal leases |  | 113,829 |  |  | 633 |  |  | 1,054 |  |  | - |  |  | - |  |  | 115,516
Total loans | $ | 1,079,831 |  | $ | 35,067 |  | $ | 111,146 |  | $ | 5,956 |  | $ | 29 |  | $ | 1,232,029
The Company’s total loans by segment, class, and delinquency status at the dates indicated follows:
|  | Past Due |  |  |  |  |  | Total
|  | 30-89 Days |  |  | 90 Days+ |  |  | Total |  |  | Current |  |  | Loans
June 30, 2013 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail consumer loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |
One- to four-family | $ | 7,056 |  | $ | 8,906 |  | $ | 15,962 |  | $ | 587,018 |  | $ | 602,980
Home equity lines of credit |  | 450 |  |  | 1,656 |  |  | 2,106 |  |  | 123,570 |  |  | 125,676
Construction and land/lots |  | 242 |  |  | 429 |  |  | 671 |  |  | 50,875 |  |  | 51,546
Consumer |  | 4 |  |  | 35 |  |  | 39 |  |  | 3,310 |  |  | 3,349
Commercial loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate |  | 3,805 |  |  | 7,085 |  |  | 10,890 |  |  | 220,196 |  |  | 231,086
Construction and development |  | - |  |  | 5,420 |  |  | 5,420 |  |  | 18,574 |  |  | 23,994
Commercial and industrial |  | 193 |  |  | 172 |  |  | 365 |  |  | 11,087 |  |  | 11,452
Municipal leases |  | - |  |  | - |  |  | - |  |  | 116,377 |  |  | 116,377
Total loans | $ | 11,750 |  | $ | 23,703 |  | $ | 35,453 |  | $ | 1,131,007 |  | $ | 1,166,460
|  | Past Due |  |  |  |  |  | Total
|  | 30-89 Days |  |  | 90 Days+ |  |  | Total |  |  | Current |  |  | Loans
June 30, 2012 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail consumer loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |
One- to four-family | $ | 10,532 |  | $ | 11,629 |  | $ | 22,161 |  | $ | 598,325 |  | $ | 620,486
Home equity lines of credit |  | 388 |  |  | 2,613 |  |  | 3,001 |  |  | 140,051 |  |  | 143,052
Construction and land/lots |  | 789 |  |  | 1,405 |  |  | 2,194 |  |  | 51,378 |  |  | 53,572
Consumer |  | 54 |  |  | 35 |  |  | 89 |  |  | 3,730 |  |  | 3,819
Commercial loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate |  | 4,188 |  |  | 6,071 |  |  | 10,259 |  |  | 228,385 |  |  | 238,644
Construction and development |  | 331 |  |  | 6,001 |  |  | 6,332 |  |  | 36,030 |  |  | 42,362
Commercial and industrial |  | 155 |  |  | 266 |  |  | 421 |  |  | 14,157 |  |  | 14,578
Municipal leases |  | - |  |  | - |  |  | - |  |  | 115,516 |  |  | 115,516
Total loans | $ | 16,437 |  | $ | 28,020 |  | $ | 44,457 |  | $ | 1,187,572 |  | $ | 1,232,029
The Company’s recorded investment in loans, by segment and class, that are not accruing interest or are 90 days or more past due and still accruing interest at the dates indicated follow:
|  | June 30, 2013 |  |  | June 30, 2012
|  |  |  |  | 90 Days + & |  |  |  |  |  | 90 Days + &
|  | Non-accruing |  |  | still accruing |  |  | Non-accruing |  |  | still accruing
Retail consumer loans: |  |  |  |  |  |  |  |  |  |  |
One- to four-family | $ | 29,811 |  | $ | - |  | $ | 27,659 |  | $ | -
Home equity lines of credit |  | 3,793 |  |  | - |  |  | 4,781 |  |  | -
Construction and land/lots |  | 2,172 |  |  | - |  |  | 3,437 |  |  | -
Consumer |  | 42 |  |  | - |  |  | 76 |  |  | -
Commercial loans: |  |  |  |  |  |  |  |  |  |  |
Commercial real estate |  | 21,149 |  |  | - |  |  | 15,008 |  |  | -
Construction and development |  | 10,172 |  |  | - |  |  | 12,583 |  |  | -
Commercial and industrial |  | 1,422 |  |  | - |  |  | 637 |  |  | -
Municipal leases |  | - |  |  | - |  |  | - |  |  | -
Total loans | $ | 68,561 |  | $ | - |  | $ | 64,181 |  | $ | -
TDRs are loans which have renegotiated loan terms to assist borrowers who are unable to meet the original terms of their loans. Such modifications to loan terms may include a lower interest rate, a reduction in principal, or a longer term to maturity. Additionally, all TDRs are considered impaired. The Company’s loans that were performing under the payment terms of TDRs that were excluded from non-accruing loans above at the dates indicated follow:
|  | June 30, |  |  | June 30,
|  | 2013 |  |  | 2012
Performing TDRs included in |  |  |  |  |
impaired loans | $ | 14,012 |  | $ | 20,588
An analysis of the allowance for loan losses by segment for the periods shown is as follows:
| June 30, 2013
| Retail |  |  |  |
| Consumer |  | Commercial |  | Total
Balance at beginning of period | $21,172 |  | $13,928 |  | $35,100
Provision for loan losses | 3,641 |  | (2,541) |  | 1,100
Charge-offs | (3,715) |  | (3,276) |  | (6,991)
Recoveries | 854 |  | 2,010 |  | 2,864
Balance at end of period | $21,952 |  | $10,121 |  | $32,073
| June 30, 2012
| Retail |  |  |  |
| Consumer |  | Commercial |  | Total
Balance at beginning of period | $23,538 |  | $26,602 |  | $50,140
Provision for loan losses | 14,021 |  | 1,579 |  | 15,600
Charge-offs | (16,749) |  | (16,063) |  | (32,812)
Recoveries | 362 |  | 1,810 |  | 2,172
Balance at end of period | $21,172 |  | $13,928 |  | $35,100
| June 30, 2011
| Retail |  |  |  |
| Consumer |  | Commercial |  | Total
Balance at beginning of period | $14,748 |  | $26,965 |  | $41,713
Provision for loan losses | 15,404 |  | 27,396 |  | 42,800
Charge-offs | (6,835) |  | (28,495) |  | (35,330)
Recoveries | 221 |  | 736 |  | 957
Balance at end of period | $23,538 |  | $26,602 |  | $50,140
The Company’s ending balances of loans and the related allowance, by segment and class, at the dates indicated follows:
|  | Allowance for Loan Losses |  |  | Total Loans Receivable
|  | Loans |  |  |  |  |  |  |  |  | Loans |  |  |  |  |  |
|  | individually |  |  | Loans |  |  |  |  |  | individually |  |  | Loans |  |  |
|  | evaluated for |  |  | Collectively |  |  |  |  |  | evaluated for |  |  | Collectively |  |  |
|  | impairment |  |  | Evaluated |  |  | Total |  |  | impairment |  |  | Evaluated |  |  | Total
June 30, 2013 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail consumer loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
One- to four-family | $ | 1,028 |  | $ | 14,070 |  | $ | 15,098 |  | $ | 35,426 |  | $ | 567,554 |  | $ | 602,980
Home equity |  | 479 |  |  | 3,348 |  |  | 3,827 |  |  | 4,322 |  |  | 121,354 |  |  | 125,676
Construction and land/lots |  | 19 |  |  | 2,871 |  |  | 2,890 |  |  | 1,844 |  |  | 49,702 |  |  | 51,546
Consumer |  | 3 |  |  | 135 |  |  | 138 |  |  | 3 |  |  | 3,346 |  |  | 3,349
Commercial loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate |  | 110 |  |  | 6,473 |  |  | 6,583 |  |  | 19,446 |  |  | 211,640 |  |  | 231,086
Construction and development |  | 255 |  |  | 2,144 |  |  | 2,399 |  |  | 9,780 |  |  | 14,214 |  |  | 23,994
Commercial and industrial |  | 1 |  |  | 155 |  |  | 156 |  |  | 2,305 |  |  | 9,147 |  |  | 11,452
Municipal leases |  | - |  |  | 982 |  |  | 982 |  |  | - |  |  | 116,377 |  |  | 116,377
Total | $ | 1,895 |  | $ | 30,178 |  | $ | 32,073 |  | $ | 73,126 |  | $ | 1,093,334 |  | $ | 1,166,460
|  | Allowance for Loan Losses |  |  | Total Loans Receivable
|  | Loans |  |  |  |  |  |  |  |  | Loans |  |  |  |  |  |
|  | individually |  |  | Loans |  |  |  |  |  | individually |  |  | Loans |  |  |
|  | evaluated for |  |  | Collectively |  |  |  |  |  | evaluated for |  |  | Collectively |  |  |
|  | impairment |  |  | Evaluated |  |  | Total |  |  | impairment |  |  | Evaluated |  |  | Total
June 30, 2012 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail consumer loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
One- to four-family | $ | 596 |  | $ | 13,961 |  | $ | 14,557 |  | $ | 36,011 |  | $ | 584,475 |  | $ | 620,486
Home equity |  | 238 |  |  | 3,293 |  |  | 3,531 |  |  | 4,382 |  |  | 138,670 |  |  | 143,052
Construction and land/lots |  | 68 |  |  | 2,887 |  |  | 2,955 |  |  | 3,772 |  |  | 49,800 |  |  | 53,572
Consumer |  | 2 |  |  | 127 |  |  | 129 |  |  | 3 |  |  | 3,816 |  |  | 3,819
Commercial loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate |  | 407 |  |  | 6,047 |  |  | 6,454 |  |  | 20,266 |  |  | 218,378 |  |  | 238,644
Construction and development |  | 154 |  |  | 6,099 |  |  | 6,253 |  |  | 14,389 |  |  | 27,973 |  |  | 42,362
Commercial and industrial |  | 111 |  |  | 204 |  |  | 315 |  |  | 2,965 |  |  | 11,613 |  |  | 14,578
Municipal leases |  | - |  |  | 906 |  |  | 906 |  |  | - |  |  | 115,516 |  |  | 115,516
Total | $ | 1,576 |  | $ | 33,524 |  | $ | 35,100 |  | $ | 81,788 |  | $ | 1,150,241 |  | $ | 1,232,029
The Company’s impaired loans and the related allowance, by segment and class, at the dates indicated follows:
|  | Total Impaired Loans
|  | With a |  |  | With No |  |  |  |  |  | Related
|  | Recorded |  |  | Recorded |  |  |  |  |  | Recorded
|  | Allowance |  |  | Allowance |  |  | Total |  |  | Allowance
June 30, 2013 |  |  |  |  |  |  |  |  |  |  |
Retail consumer loans: |  |  |  |  |  |  |  |  |  |  |
One- to four-family | $ | 14,194 |  | $ | 30,219 |  | $ | 44,413 |  | $ | 1,176
Home equity lines of credit |  | 3,303 |  |  | 2,651 |  |  | 5,954 |  |  | 518
Construction and land/lots |  | 551 |  |  | 1,649 |  |  | 2,200 |  |  | 38
Consumer |  | 39 |  |  | 3 |  |  | 42 |  |  | 4
Commercial loans: |  |  |  |  |  |  |  |  |  |  |
Commercial real estate |  | 998 |  |  | 22,716 |  |  | 23,714 |  |  | 119
Construction and development |  | 518 |  |  | 10,034 |  |  | 10,552 |  |  | 256
Commercial and industrial |  | - |  |  | 2,864 |  |  | 2,864 |  |  | -
Municipal leases |  | - |  |  | - |  |  | - |  |  | -
Total impaired loans | $ | 19,603 |  | $ | 70,136 |  | $ | 89,739 |  | $ | 2,111
|  | Total Impaired Loans
|  | With a |  |  | With No |  |  |  |  |  | Related
|  | Recorded |  |  | Recorded |  |  |  |  |  | Recorded
|  | Allowance |  |  | Allowance |  |  | Total |  |  | Allowance
June 30, 2012 |  |  |  |  |  |  |  |  |  |  |
Retail consumer loans: |  |  |  |  |  |  |  |  |  |  |
One- to four-family | $ | 7,787 |  | $ | 32,802 |  | $ | 40,589 |  | $ | 685
Home equity lines of credit |  | 1,163 |  |  | 4,093 |  |  | 5,256 |  |  | 256
Construction and land/lots |  | 462 |  |  | 3,440 |  |  | 3,902 |  |  | 75
Consumer |  | 73 |  |  | 3 |  |  | 76 |  |  | 4
Commercial loans: |  |  |  |  |  |  |  |  |  |  |
Commercial real estate |  | 2,281 |  |  | 18,214 |  |  | 20,495 |  |  | 413
Construction and development |  | 1,616 |  |  | 13,461 |  |  | 15,077 |  |  | 289
Commercial and industrial |  | 501 |  |  | 2,779 |  |  | 3,280 |  |  | 115
Municipal leases |  | - |  |  | - |  |  | - |  |  | -
Total impaired loans | $ | 13,883 |  | $ | 74,792 |  | $ | 88,675 |  | $ | 1,837
The table above includes $16,613 and $6,887, of impaired loans that were not individually evaluated at June 30, 2013 and June 30, 2012, respectively, because these loans did not meet the Company’s threshold for individual impairment evaluation. The recorded allowance above includes $216 and $261 related to these loans that were not individually evaluated at June 30, 2013 and June 30, 2012, respectively. The Company’s average recorded investment in loans individually evaluated for impairment, period end unpaid principal balance as of the dates indicated below and interest income recognized on impaired loans for the year ended as follows:
|  | June 30, 2013 |  | June 30, 2012
|  |  | Average |  |  | Unpaid |  |  | Interest |  |  | Average |  |  | Unpaid |  |  | Interest
|  |  | Recorded |  |  | Principal |  |  | Income |  |  | Recorded |  |  | Principal |  |  | Income
|  |  | Investment |  |  | Balance |  |  | Recognized |  |  | Investment |  |  | Balance |  |  | Recognized
Retail consumer loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
One- to four-family |  | $ | 44,060 |  | $ | 49,176 |  | $ | 1,867 |  | $ | 42,829 |  | $ | 41,006 |  | $ | 1,799
Home equity lines of credit |  |  | 5,869 |  |  | 9,405 |  |  | 194 |  |  | 5,531 |  |  | 8,329 |  |  | 208
Construction and land/lots |  |  | 2,906 |  |  | 4,617 |  |  | 169 |  |  | 4,926 |  |  | 8,244 |  |  | 253
Consumer |  |  | 67 |  |  | 184 |  |  | 3 |  |  | 48 |  |  | 98 |  |  | 1
Commercial loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate |  |  | 25,501 |  |  | 28,136 |  |  | 1,014 |  |  | 21,249 |  |  | 25,679 |  |  | 1,184
Construction and development |  |  | 12,161 |  |  | 17,986 |  |  | 425 |  |  | 26,994 |  |  | 23,070 |  |  | 763
Commercial and industrial |  |  | 3,006 |  |  | 3,801 |  |  | 153 |  |  | 3,138 |  |  | 4,535 |  |  | 218
Municipal leases |  |  | - |  |  | - |  |  | - |  |  | 531 |  |  | - |  |  | -
Total loans |  | $ | 93,570 |  | $ | 113,305 |  | $ | 3,825 |  | $ | 105,246 |  | $ | 110,961 |  | $ | 4,426
The following table presents a breakdown of the types of concessions made on TDRs by loan class:
| Year Ended June 30, 2013 |  | Year Ended June 30, 2012
| Number of Loans |  |  | Pre Modification Outstanding Recorded Investment |  |  | Post Modification Outstanding Recorded Investment |  | Number of Loans |  |  | Pre Modification Outstanding Recorded Investment |  |  | Post Modification Outstanding Recorded Investment
Below market interest rate: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
One- to four-family | 4 |  | $ | 1,121 |  | $ | 1,103 |  | 27 |  | $ | 9,347 |  | $ | 9,057
Home equity lines of credit | - |  |  | - |  |  | - |  | 3 |  |  | 83 |  |  | 81
Construction and land/lots | - |  |  | - |  |  | - |  | 2 |  |  | 175 |  |  | 171
Commercial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate | 1 |  |  | 237 |  |  | 231 |  | 1 |  |  | 285 |  |  | 280
Construction and development | - |  |  | - |  |  | - |  | 2 |  |  | 760 |  |  | 254
Total | 5 |  | $ | 1,358 |  | $ | 1,334 |  | 35 |  | $ | 10,650 |  | $ | 9,843
Extended payment terms: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
One- to four-family | 2 |  | $ | 87 |  | $ | 83 |  | 15 |  | $ | 1,784 |  | $ | 1,738
Home equity lines of credit | 4 |  |  | 85 |  |  | 80 |  | 2 |  |  | 73 |  |  | 70
Commercial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate | - |  |  | - |  |  | - |  | 3 |  |  | 965 |  |  | 891
Construction and development | - |  |  | - |  |  | - |  | 2 |  |  | 2,694 |  |  | 2,694
Commercial and industrial | 1 |  |  | 10 |  |  | 10 |  | 3 |  |  | 106 |  |  | 100
Total | 7 |  | $ | 182 |  | $ | 173 |  | 25 |  | $ | 5,622 |  | $ | 5,493
Other TDRs: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Retail consumer: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
One- to four-family | 85 |  | $ | 6,830 |  | $ | 6,456 |  | 12 |  |  | 2,261 |  |  | 2,348
Home equity lines of credit | 39 |  |  | 1,232 |  |  | 1,157 |  | 1 |  |  | 35 |  |  | 35
Construction and land/lots | 8 |  |  | 395 |  |  | 377 |  | 1 |  |  | 181 |  |  | 170
Commercial: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial real estate | 4 |  |  | 1,651 |  |  | 1,119 |  | 7 |  |  | 2,786 |  |  | 2,435
Construction and development | - |  |  | - |  |  | - |  | 7 |  |  | 2,827 |  |  | 1,704
Commercial and industrial | 1 |  |  | 30 |  |  | 27 |  | - |  |  | - |  |  | -
Total | 137 |  | $ | 10,138 |  | $ | 9,136 |  | 28 |  | $ | 8,090 |  | $ | 6,692
Total | 149 |  | $ | 11,678 |  | $ | 10,643 |  | 88 |  | $ | 24,362 |  | $ | 22,028
During the year ended June 30, 2013, one to four family TDRs increased by 91 loans or $8.0 million and home equity lines of credit TDRs increased by 43 loans or $1.3 million, including including 77 one- to four-family TDRs totaling $4.9 million and 41 home equity lines of credit TDRs totaling $1.2 million representing loans classified as TDRs as a result of recent regulatory reporting requirements of the Office of the Comptroller of the Currency (“OCC”), the Bank’s primary federal regulator, requiring that banks classify mortgages and other loans discharged by troubled borrowers in bankruptcy as TDRs. The following table presents loans that were modified as TDRs within the previous twelve months and for which there was a payment default during the years ended June 30, 2013 and 2012.
| Year Ended June 30, 2013 |  | Year Ended June 30, 2012
| Number of |  |  | Recorded |  | Number of |  |  | Recorded
| Loans |  |  | Investment |  | Loans |  |  | Investment
Below market interest rate: |  |  |  |  |  |  |  |  |
Retail consumer: |  |  |  |  |  |  |  |  |
One- to four-family | - |  | $ | - |  | 8 |  | $ | 2,713
Consumer | - |  |  | - |  | 1 |  |  | 55
Total | - |  | $ | - |  | 9 |  | $ | 2,768
Extended payment terms: |  |  |  |  |  |  |  |  |
Retail consumer: |  |  |  |  |  |  |  |  |
One to four family | 2 |  | $ | 83 |  | 5 |  | $ | 501
Home equity lines of credit | 1 |  |  | 12 |  | - |  |  | -
Commercial: |  |  |  |  |  |  |  |  |
Construction and development | - |  |  | - |  | 2 |  |  | 2,694
Commercial and industrial | 1 |  |  | 10 |  | - |  |  | -
Total | 4 |  | $ | 105 |  | 7 |  | $ | 3,195
Other TDRs: |  |  |  |  |  |  |  |  |
Retail consumer: |  |  |  |  |  |  |  |  |
One- to four-family | 27 |  | $ | 2,510 |  | 3 |  | $ | 404
Home equity lines of credit | 6 |  |  | 111 |  | - |  |  | -
Construction and land/lots | 5 |  |  | 164 |  | 1 |  |  | 171
Commercial: |  |  |  |  |  |  |  |  |
Commercial real estate | 3 |  |  | 126 |  | 4 |  |  | 640
Construction and development | - |  |  | - |  | 1 |  |  | 531
Commercial and industrial | 1 |  |  | 27 |  | - |  |  | -
Total | 42 |  | $ | 2,938 |  | 9 |  | $ | 1,746
Total | 46 |  | $ | 3,043 |  | 25 |  | $ | 7,709
Loans that were modified as TDRs within the previous twelve months for which there was a payment default during the year ended June 30, 2013 included 23 one- to four-family loans totaling $1.3 million due to the addition of loans where the borrower’s obligation to the Company has been discharged in bankruptcy, per regulatory guidance. Other TDRs include TDRs that have a below market interest rate and extended payment terms. The Company does not typically forgive principal when restructuring troubled debt. In the determination of the allowance for loan losses, management considers TDRs for all loan classes, and the subsequent nonperformance in accordance with their modified terms, by measuring impairment on a loan-by-loan basis based on either the value of the loan’s expected future cash flows discounted at the loan’s original effective interest rate or on the collateral value, net of the estimated costs of disposal, if the loan is collateral dependent.

X
- Details
Name: | us-gaap_DisclosureTextBlockAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 3, 4 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=28368275&loc=d3e5074-111524 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=28368275&loc=d3e5066-111524 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 7 -Article 9 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(k)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph k -Article 4 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=28368275&loc=d3e5162-111524 + Details
Name: | us-gaap_LoansNotesTradeAndOtherReceivablesDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration