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Note 5: Accounting For Certain Loans Acquired in A Transfer: Schedule of Loans Acquired in Transfer Credit Impaired Expected Accretable Yield (Tables) | 6 Months Ended
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Dec. 31, 2013
Tables/Schedules |
Schedule of Loans Acquired in Transfer Credit Impaired Expected Accretable Yield | Accretable yield, or income expected to be collected, is as follows:
| Three-month period ending
| December 31, 2013 | December 31, 2012
Balance at beginning of period | $711,312 | $489,356
Additions | - | -
Accretion | (74,826) | (147,606)
Reclassification from nonaccretable difference | 774 | 496,299
Disposals | - | -
Balance at end of period | $637,260 | $838,049
| Six-month period ending
| December 31, 2013 | December 31, 2012
Balance at beginning of period | $798,789 | $489,356
Additions | - | -
Accretion | (164,477) | (147,606)
Reclassification from nonaccretable difference | 2,948 | 496,299
Disposals | - | -
Balance at end of period | $637,260 | $838,049

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