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Loans (Tables)
9 Months Ended
Mar. 31, 2016
Receivables [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable
Loans consist of the following at the dates indicated:
 
March 31, 2016
 
June 30, 2015
Retail consumer loans:
 
 
 
One-to-four family
$
640,126

 
$
650,750

HELOCs - originated
164,551

 
161,204

HELOCs - purchased
158,006

 
72,010

Construction and land/lots
35,088

 
45,931

Indirect auto finance
95,660

 
52,494

Consumer
4,195

 
3,708

Total retail consumer loans
1,097,626

 
986,097

Commercial loans:
 

 
 

Commercial real estate
459,179

 
441,620

Construction and development
77,410

 
64,573

Commercial and industrial
77,052

 
84,820

Municipal leases
103,428

 
108,574

Total commercial loans
717,069

 
699,587

Total loans
1,814,695

 
1,685,684

Deferred loan costs, net
322

 
23

Total loans, net of deferred loan fees and discount
1,815,017

 
1,685,707

Allowance for loan and lease losses
(21,761
)
 
(22,374
)
Loans, net
$
1,793,256

 
$
1,663,333

Financing Receivable Credit Quality Indicators
The Company's total non-purchased and purchased performing loans by segment, class, and risk grade at the dates indicated follow:
 
Pass
 
Special
Mention
 
Substandard
 
Doubtful
 
Loss
 
Total
March 31, 2016
 
 
 
 
 
 
 
 
 
 
 
Retail consumer loans:
 
 
 
 
 
 
 
 
 
 
 
One-to-four family
$
602,666

 
$
8,141

 
$
21,365

 
$
686

 
$
7

 
$
632,865

HELOCs - originated
160,026

 
615

 
3,562

 
55

 
7

 
164,265

HELOCs - purchased
158,006

 

 

 

 

 
158,006

Construction and land/lots
33,114

 
434

 
943

 
9

 

 
34,500

Indirect auto finance
95,515

 
14

 
119

 
12

 

 
95,660

Consumer
3,958

 
2

 
215

 
2

 
8

 
4,185

Commercial loans:
 

 
 

 
 

 
 

 
 

 
 
Commercial real estate
417,579

 
6,803

 
11,083

 

 

 
435,465

Construction and development
67,745

 
548

 
5,130

 

 

 
73,423

Commercial and industrial
65,269

 
1,304

 
5,803

 

 
3

 
72,379

Municipal leases
101,097

 
1,663

 
668

 

 

 
103,428

Total loans
$
1,704,975

 
$
19,524

 
$
48,888

 
$
764

 
$
25

 
$
1,774,176

 
Pass
 
Special
Mention
 
Substandard
 
Doubtful
 
Loss
 
Total
June 30, 2015
 
 
 
 
 
 
 
 
 
 
 
Retail consumer loans:
 
 
 
 
 
 
 
 
 
 
 
One-to-four family
$
598,417

 
$
11,563

 
$
28,656

 
$
1,772

 
$
12

 
$
640,420

HELOCs - originated
155,899

 
580

 
4,020

 
407

 
3

 
160,909

HELOCs - purchased
72,010

 

 

 

 

 
72,010

Construction and land/lots
42,689

 
650

 
1,754

 
124

 

 
45,217

Indirect auto finance
52,396

 
59

 
39

 

 

 
52,494

Consumer
3,610

 
16

 
32

 

 
39

 
3,697

Commercial loans:
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate
384,525

 
12,762

 
13,972

 
182

 

 
411,441

Construction and development
50,815

 
3,567

 
5,413

 

 

 
59,795

Commercial and industrial
73,774

 
953

 
4,781

 

 
2

 
79,510

Municipal leases
106,260

 
1,733

 
581

 

 

 
108,574

Total loans
$
1,540,395

 
$
31,883

 
$
59,248

 
$
2,485

 
$
56

 
$
1,634,067

The Company's total PCI loans by segment, class, and risk grade at the dates indicated follow:
 
Pass
 
Special
Mention
 
Substandard
 
Doubtful
 
Loss
 
Total
March 31, 2016
 
 
 
 
 
 
 
 
 
 
 
Retail consumer loans:
 
 
 
 
 
 
 
 
 
 
 
One-to-four family
$
5,234

 
$
433

 
$
1,580

 
$
14

 
$

 
$
7,261

HELOCs - originated
259

 

 
27

 

 

 
286

Construction and land/lots
530

 

 
58

 

 

 
588

Consumer
8

 

 

 

 
2

 
10

Commercial loans:
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate
16,012

 
4,384

 
3,318

 

 

 
23,714

Construction and development
1,617

 
339

 
2,031

 

 

 
3,987

Commercial and industrial
3,778

 
206

 
689

 

 

 
4,673

Total loans
$
27,438

 
$
5,362

 
$
7,703

 
$
14

 
$
2

 
$
40,519

 
Pass
 
Special
Mention
 
Substandard
 
Doubtful
 
Loss
 
Total
June 30, 2015
 
 
 
 
 
 
 
 
 
 
 
Retail consumer loans:
 
 
 
 
 
 
 
 
 
 
 
One-to-four family
$
5,176

 
$
1,210

 
$
3,890

 
$
54

 
$

 
$
10,330

HELOCs - originated
259

 

 
36

 

 

 
295

Construction and land/lots
571

 

 
143

 

 

 
714

Consumer
11

 

 

 

 

 
11

Commercial loans:
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate
21,550

 
3,454

 
5,175

 

 

 
30,179

Construction and development
2,292

 
146

 
2,340

 

 

 
4,778

Commercial and industrial
4,349

 
279

 
682

 

 

 
5,310

Total loans
$
34,208

 
$
5,089

 
$
12,266

 
$
54

 
$

 
$
51,617

Past Due Financing Receivables
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
March 31, 2016
 
 
 
 
 
 
 
 
 
Retail consumer loans:
 
 
 
 
 
 
 
 
 
One-to-four family
$
3,860

 
$
5,540

 
$
9,400

 
$
630,726

 
$
640,126

HELOCs - originated
544

 
348

 
892

 
163,659

 
164,551

HELOCs - purchased

 

 

 
158,006

 
158,006

Construction and land/lots
198

 
226

 
424

 
34,664

 
35,088

Indirect auto finance
37

 

 
37

 
95,623

 
95,660

Consumer
5

 
8

 
13

 
4,182

 
4,195

Commercial loans:
 
 
 
 
 
 
 
 
 
Commercial real estate
1,352

 
5,713

 
7,065

 
452,114

 
459,179

Construction and development

 
3,465

 
3,465

 
73,945

 
77,410

Commercial and industrial
880

 
3,207

 
4,087

 
72,965

 
77,052

Municipal leases

 
116

 
116

 
103,312

 
103,428

Total loans
$
6,876

 
$
18,623

 
$
25,499

 
$
1,789,196

 
$
1,814,695

The table above includes PCI loans of $1,253 30-89 days past due and $7,736 90 days or more past due as of March 31, 2016.
 
Past Due
 
 
 
Total
 
30-89 Days
 
90 Days+
 
Total
 
Current
 
Loans
June 30, 2015
 
 
 
 
 
 
 
 
 
Retail consumer loans:
 
 
 
 
 
 
 
 
 
One-to-four family
$
5,548

 
$
8,261

 
$
13,809

 
$
636,941

 
$
650,750

HELOCs - originated
695

 
808

 
1,503

 
159,701

 
161,204

HELOCs - purchased

 

 

 
72,010

 
72,010

Construction and land/lots
102

 
307

 
409

 
45,522

 
45,931

Indirect auto finance

 

 

 
52,494

 
52,494

Consumer
23

 
2

 
25

 
3,683

 
3,708

Commercial loans:
 

 
 

 
 

 
 

 
 

Commercial real estate
2,758

 
4,636

 
7,394

 
434,226

 
441,620

Construction and development
166

 
2,992

 
3,158

 
61,415

 
64,573

Commercial and industrial
439

 
2,898

 
3,337

 
81,483

 
84,820

Municipal leases
202

 

 
202

 
108,372

 
108,574

Total loans
$
9,933

 
$
19,904

 
$
29,837

 
$
1,655,847

 
$
1,685,684

Schedule of Past Due Loans Still Accruing and Nonaccruing Interest
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:
 
March 31, 2016
 
June 30, 2015
 
Nonaccruing
 
90 Days + &
still accruing
 
Nonaccruing
 
90 Days + &
still accruing
Retail consumer loans:
 
 
 
 
 
 
 
One-to-four family
$
9,006

 
$

 
$
10,523

 
$

HELOCs - originated
1,535

 

 
1,856

 

Construction and land/lots
321

 

 
465

 

Indirect auto finance

 

 

 

Consumer
24

 

 
49

 

Commercial loans:
 

 
 

 
 

 
 

Commercial real estate
4,703

 

 
5,103

 

Construction and development
1,728

 

 
3,461

 

Commercial and industrial
3,301

 

 
3,081

 

Municipal leases
422

 

 
316

 

Total loans
$
21,040

 
$

 
$
24,854

 
$

Schedule of Troubled Debt Restructurings Performing and Excluded from Nonaccruing Loans
The Company's loans that were performing under the payment terms of TDRs that were excluded from nonaccruing loans above at the dates indicated follow:
 
March 31, 2016
 
June 30, 2015
Performing TDRs included in impaired loans
$
27,039

 
$
21,891

Allowance for Credit Losses on Financing Receivables
An analysis of the allowance for loan losses by segment for the periods shown is as follows:
 
Three Months Ended March 31, 2016
 
Three Months Ended March 31, 2015
 
PCI
 
Retail
Consumer
 
Commercial
 
Total
 
Retail
Consumer
 
Commercial
 
Total
Balance at beginning of period
$
355

 
$
12,070

 
$
9,552

 
$
21,977

 
$
14,603

 
$
8,753

 
$
23,356

Provision for (recovery of) loan losses
(10
)
 
339

 
(329
)
 

 
184

 
(184
)
 

Charge-offs

 
(692
)
 
(500
)
 
(1,192
)
 
(1,313
)
 
(354
)
 
(1,667
)
Recoveries

 
228

 
748

 
976

 
101

 
891

 
992

Balance at end of period
$
345

 
$
11,945

 
$
9,471

 
$
21,761

 
$
13,575

 
$
9,106

 
$
22,681

 
Nine Months Ended March 31, 2016
 
Nine Months Ended March 31, 2015
 
PCI
 
Retail
Consumer
 
Commercial
 
Total
 
Retail
Consumer
 
Commercial
 
Total
Balance at beginning of period
$
401

 
$
12,575

 
$
9,398

 
$
22,374

 
$
15,731

 
$
7,698

 
$
23,429

Provision for (recovery of) loan losses
(56
)
 
(141
)
 
197

 

 
(745
)
 
495

 
(250
)
Charge-offs

 
(1,466
)
 
(1,378
)
 
(2,844
)
 
(2,369
)
 
(682
)
 
(3,051
)
Recoveries

 
977

 
1,254

 
2,231

 
958

 
1,595

 
2,553

Balance at end of period
$
345

 
$
11,945

 
$
9,471

 
$
21,761

 
$
13,575

 
$
9,106

 
$
22,681

Schedule of Ending Balances of Loans and the Related Allowance by Segment and Class
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
 
PCI
 
Loans
individually
evaluated for
impairment
 
Loans
collectively
evaluated
 
Total
 
PCI
 
Loans
individually
evaluated for
impairment
 
Loans
collectively
evaluated
 
Total
March 31, 2016
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Retail consumer loans:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family
$
23

 
$
176

 
$
6,819

 
$
7,018

 
$
7,261

 
$
12,737

 
$
620,128

 
$
640,126

HELOCs - originated
3

 
286

 
1,918

 
2,207

 
286

 
1,146

 
163,119

 
164,551

HELOCs - purchased

 

 
632

 
632

 

 

 
158,006

 
158,006

Construction and land/lots

 
232

 
955

 
1,187

 
588

 
874

 
33,626

 
35,088

Indirect auto finance

 

 
843

 
843

 

 

 
95,660

 
95,660

Consumer

 
10

 
74

 
84

 
10

 

 
4,185

 
4,195

Commercial loans:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 
Commercial real estate
267

 

 
5,526

 
5,793

 
23,714

 
5,123

 
430,342

 
459,179

Construction and development
17

 

 
1,621

 
1,638

 
3,987

 
1,162

 
72,261

 
77,410

Commercial and industrial
35

 
703

 
994

 
1,732

 
4,673

 
3,913

 
68,466

 
77,052

Municipal leases

 

 
627

 
627

 

 
551

 
102,877

 
103,428

Total
$
345

 
$
1,407

 
$
20,009

 
$
21,761

 
$
40,519

 
$
25,506

 
$
1,748,670

 
$
1,814,695

June 30, 2015
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Retail consumer loans:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

One-to-four family
$
35

 
$
492

 
$
7,463

 
$
7,990

 
$
10,330

 
$
22,841

 
$
617,579

 
$
650,750

HELOCs - originated
3

 
275

 
1,499

 
1,777

 
295

 
2,608

 
158,301

 
161,204

HELOCs - purchased

 

 
432

 
432

 

 

 
72,010

 
72,010

Construction and land/lots

 
531

 
1,291

 
1,822

 
714

 
1,926

 
43,291

 
45,931

Indirect auto finance

 

 
464

 
464

 

 

 
52,494

 
52,494

Consumer

 
39

 
89

 
128

 
11

 
45

 
3,652

 
3,708

Commercial loans:
 

 
 

 
 

 
 

 
 

 
 

 
 

 
 

Commercial real estate
334

 

 
6,005

 
6,339

 
30,179

 
10,961

 
400,480

 
441,620

Construction and development

 
119

 
1,462

 
1,581

 
4,778

 
5,161

 
54,634

 
64,573

Commercial and industrial
29

 
400

 
675

 
1,104

 
5,310

 
4,537

 
74,973

 
84,820

Municipal leases

 

 
737

 
737

 

 
316

 
108,258

 
108,574

Total
$
401

 
$
1,856

 
$
20,117

 
$
22,374

 
$
51,617

 
$
48,395

 
$
1,585,672

 
$
1,685,684

Schedule of Impaired Loans and Related Allowance by Segment and Class
The Company's impaired loans and the related allowance, by segment and class, at the dates indicated follows:
 
Total Impaired Loans
 
Unpaid
Principal
Balance
 
Recorded
Investment
With a
Recorded
Allowance
 
Recorded
Investment
With No
Recorded
Allowance
 
Total
 
Related
Recorded
Allowance
March 31, 2016
 
 
 
 
 
 
 
 
 
Retail consumer loans:
 
 
 
 
 
 
 
 
 
One-to-four family
$
32,644

 
$
12,339

 
$
16,828

 
$
29,167

 
$
276

HELOCs - originated
5,178

 
2,086

 
1,623

 
3,709

 
305

Construction and land/lots
3,054

 
951

 
666

 
1,617

 
243

Consumer
640

 
13

 
22

 
35

 
11

Commercial loans:
 

 
 

 
 

 
 

 
 

Commercial real estate
8,025

 
1,174

 
6,186

 
7,360

 
18

Construction and development
3,986

 
573

 
2,296

 
2,869

 
13

Commercial and industrial
10,209

 
2,574

 
2,420

 
4,994

 
722

Municipal leases
667

 
116

 
551

 
667

 

Total impaired loans
$
64,403

 
$
19,826

 
$
30,592

 
$
50,418

 
$
1,588

June 30, 2015
 

 
 

 
 

 
 

 
 

Retail consumer loans:
 

 
 

 
 

 
 

 
 

One-to-four family
$
31,590

 
$
10,340

 
$
19,164

 
$
29,504

 
$
598

HELOCs - originated
6,019

 
2,565

 
1,543

 
4,108

 
294

Construction and land/lots
3,303

 
1,225

 
758

 
1,983

 
533

Indirect auto finance
10

 

 

 

 

Consumer
1,966

 
13

 
45

 
58

 
39

Commercial loans:
 

 
 

 
 

 
 

 
 

Commercial real estate
13,829

 
696

 
10,971

 
11,667

 
412

Construction and development
6,615

 
1,268

 
4,241

 
5,509

 
64

Commercial and industrial
5,668

 
688

 
4,051

 
4,739

 
431

Municipal leases
316

 

 
316

 
316

 

Total impaired loans
$
69,316

 
$
16,795

 
$
41,089

 
$
57,884

 
$
2,371

Schedule of Average Recorded Investment in Loans, Unpaid Principal Balance and Interest Income Recognized
The Company's average recorded investment in impaired loans and interest income recognized on impaired loans for the three and nine months ended March 31, 2016 and 2015 was as follows:
 
Three Months Ended
 
March 31, 2016
 
March 31, 2015
 
Average
Recorded
Investment
 
Interest
Income
Recognized
 
Average
Recorded
Investment
 
Interest
Income
Recognized
Retail consumer loans:
 
 
 
 
 
 
 
One-to-four family
$
30,193

 
$
385

 
$
30,155

 
$
395

HELOCs - originated
3,671

 
48

 
4,316

 
66

Construction and land/lots
1,747

 
35

 
2,152

 
38

Indirect auto finance
7

 
1

 

 

Consumer
35

 
6

 
55

 
5

Commercial loans:
 

 
 

 
 

 
 

Commercial real estate
7,711

 
34

 
15,551

 
147

Construction and development
3,151

 
17

 
6,019

 
55

Commercial and industrial
5,001

 
37

 
2,270

 
18

Municipal leases
609

 
1

 
447

 
12

Total loans
$
52,125

 
$
564

 
$
60,965

 
$
736

 
Nine Months Ended
 
March 31, 2016
 
March 31, 2015
 
Average
Recorded
Investment
 
Interest
Income
Recognized
 
Average
Recorded
Investment
 
Interest
Income
Recognized
Retail consumer loans:
 
 
 
 
 
 
 
One-to-four family
$
29,922

 
$
1,141

 
$
31,914

 
$
1,283

HELOCs - originated
3,856

 
149

 
4,730

 
195

Construction and land/lots
1,952

 
102

 
2,153

 
125

Indirect auto finance
3

 
4

 

 
1

Consumer
56

 
20

 
37

 
16

Commercial loans:
 

 
 

 
 

 
 

Commercial real estate
10,828

 
119

 
17,281

 
406

Construction and development
4,477

 
61

 
6,104

 
133

Commercial and industrial
4,029

 
107

 
2,622

 
74

Municipal leases
431

 
30

 
239

 
17

Total loans
$
55,554

 
$
1,733

 
$
65,080

 
$
2,250

Impaired Financing Receivable
A summary of changes in the accretable yield for PCI loans for the three and nine months ended March 31, 2016 and 2015 was as follows:
 
Three Months Ended
 
March 31, 2016
 
March 31, 2015
Accretable yield, beginning of period
$
9,964

 
$
10,335

Reclass from nonaccretable yield (1)
59

 

Other changes, net (2)
(36
)
 

Interest income
(840
)
 
(1,616
)
Accretable yield, end of period
$
9,147

 
$
8,719

 
Nine Months Ended
 
March 31, 2016
 
March 31, 2015
Accretable yield, beginning of period
$
11,096

 
$
6,151

Addition from the Bank of Commerce acquisition

 
7,315

Reclass from nonaccretable yield (1)
661

 

Other changes, net (2)
1,044

 

Interest income
(3,654
)
 
(4,747
)
Accretable yield, end of period
$
9,147

 
$
8,719

______________________________________
(1)
Represents changes attributable to expected losses assumptions.
(2)
Represents changes in cash flows expected to be collected due to the impact of modifications, changes in prepayment assumptions, and changes in interest rates.
Troubled Debt Restructurings on Financing Receivables
For the three and nine months ended March 31, 2016 and 2015, the following table presents a breakdown of the types of concessions made on TDRs by loan class:
 
Three Months Ended March 31, 2016
 
Three Months Ended March 31, 2015
 
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

 
$

 
$

 
3

 
$
388

 
$
386

Commercial:
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate
1

 
590

 
586

 

 

 

Total
1

 
$
590

 
$
586

 
3

 
$
388

 
$
386

Extended term:
 

 
 

 
 

 
 

 
 

 
 

Retail consumer:
 

 
 

 
 

 
 

 
 

 
 

HELOCs - originated
1

 
$
14

 
$
14

 

 
$

 
$

Commercial:
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate
1

 
286

 
286

 

 

 

Total
2

 
$
300

 
$
300

 

 
$

 
$

Other TDRs:
 

 
 

 
 

 
 

 
 

 
 

Retail consumer:
 

 
 

 
 

 
 

 
 

 
 

One-to-four family
7

 
$
485

 
$
493

 
6

 
$
3,091

 
$
3,006

HELOCs - originated
1

 
8

 
8

 
2

 
41

 
9

Construction and land/lots
1

 
2

 
2

 

 

 

Total
9

 
$
495

 
$
503

 
8

 
$
3,132

 
$
3,015

Total
12

 
$
1,385

 
$
1,389

 
11

 
$
3,520

 
$
3,401

 
Nine Months Ended March 31, 2016
 
Nine Months Ended March 31, 2015
 
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
1

 
$
26

 
$
28

 
4

 
$
449

 
$
473

Construction and land/lots

 

 

 
1

 
110

 
103

Commercial:
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate
1

 
590

 
586

 

 

 

Total
2

 
$
616

 
$
614

 
5

 
$
559

 
$
576

Extended term:
 

 
 

 
 

 
 

 
 

 
 

Retail consumer:
 

 
 

 
 

 
 

 
 

 
 

One-to-four family
4

 
$
92

 
$
99

 

 
$

 
$

HELOCs - originated
2

 
28

 
27

 
3

 
91

 
87

Consumer

 

 

 
2

 
10

 
9

Commercial:
 
 
 
 
 
 
 
 
 
 
 
Commercial real estate
1

 
286

 
286

 
2

 
426

 
471

Total
7

 
$
406

 
$
412

 
7

 
$
527

 
$
567

Other TDRs:
 

 
 

 
 

 
 

 
 

 
 

Retail consumer:
 

 
 

 
 

 
 

 
 

 
 

One-to-four family
26

 
$
2,860

 
$
2,657

 
16

 
$
3,684

 
$
3,568

HELOCs - originated
2

 
8

 
8

 
4

 
155

 
121

Construction and land/lots

 

 

 
1

 
106

 
103

Consumer
1

 
2

 
2

 

 

 

Commercial:
 
 
 
 
 
 
 
 
 
 
 
Construction and development
1

 
386

 
374

 
2

 
173

 
172

Commercial and industrial
1

 
997

 
978

 

 

 

Total
31

 
$
4,253

 
$
4,019

 
23

 
$
4,118

 
$
3,964

Total
40

 
$
5,275

 
$
5,045

 
35

 
$
5,204

 
$
5,107

Schedule of Trouble Debt Restructurings With Payment Default
The following table presents loans that were modified as TDRs within the previous 12 months and for which there was a payment default during the three and nine months ended March 31, 2016 and 2015:
 
 
 
 
 
 
 
 
 
Three Months Ended March 31, 2016
 
Three Months Ended March 31, 2015
 
Number of
Loans
 
Recorded
Investment
 
Number of
Loans
 
Recorded
Investment
Below market interest rate:
 
 
 
 
 
 
 
Retail consumer:
 
 
 
 
 
 
 
One-to-four family

 
$

 
2

 
$
380

Total

 
$

 
2

 
$
380

Extended payment terms:
 
 
 
 
 
 
 
Retail consumer:
 
 
 
 
 
 
 
One-to-four family
1

 
$
31

 

 
$

Total
1

 
$
31

 

 
$

Other TDRs:
 

 
 

 
 

 
 

Retail consumer:
 

 
 

 
 

 
 

One-to-four family
6

 
$
390

 
2

 
$
716

HELOCs - originated
1

 
16

 
2

 
9

Total
7

 
$
406

 
4

 
$
725

Total
8

 
$
437

 
6

 
$
1,105

 
Nine Months Ended March 31, 2016
 
Nine Months Ended March 31, 2015
 
Number of
Loans
 
Recorded
Investment
 
Number of
Loans
 
Recorded
Investment
Below market interest rate:
 
 
 
 
 
 
 
Retail consumer:
 
 
 
 
 
 
 
One-to-four family

 
$

 
2

 
$
380

Total

 
$

 
2

 
$
380

Extended payment terms:


 


 


 


Retail consumer:
 
 
 
 
 
 
 
One-to-four family
3

 
$
75

 

 
$

Total
3

 
$
75

 

 
$

Other TDRs:
 

 
 

 
 

 
 

Retail consumer:
 

 
 

 
 

 
 

One-to-four family
14

 
$
895

 
10

 
$
1,116

HELOCs - originated
2

 
24

 
2

 
9

Construction and land/lots

 

 
1

 
172

Total
16

 
$
919

 
13

 
$
1,297

Total
19

 
$
994

 
15

 
$
1,677