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:

The Company’s total loans by segment, class, and delinquency status at the dates indicated follows:

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:

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:

An analysis of the allowance for loan losses by segment for the periods shown is as follows:

The Company’s ending balances of loans and the related allowance, by segment and class, at the dates indicated follows:

The Company’s impaired loans and the related allowance, by segment and class, at the dates indicated follows:

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:

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.

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.