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Note 4: Loans and Allowance For Loan Losses: Schedule of Financing Receivables, Non Accrual Status (Tables) | 6 Months Ended
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Dec. 31, 2013
Tables/Schedules |
Schedule of Financing Receivables, Non Accrual Status | The following table presents the Company’s nonaccrual loans at December 31 and June 30, 2013. This table includes purchased impaired loans. Purchased credit impaired loans are placed on nonaccrual status in the event the Company cannot reasonably estimate cash flows expected to be collected. The table excludes performing troubled debt restructurings.
| December 31, 2013 | June 30, 2013
Residential real estate | $386,639 | $413,924
Construction real estate | - | -
Commercial real estate | 351,132 | 156,856
Consumer loans | 45,891 | 24,699
Commercial loans | 848,320 | 841,924
Total loans | $1,631,982 | $1,437,403

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- Definition Tabular disclosure of nonaccrual and past due financing receivables (such as loans and trade receivables), including: (a) the recorded investment in loans and trade receivables, if applicable, on nonaccrual status as of each balance sheet date (b) the recorded investment in loans and trade receivables, if applicable, past due 90 days or more and still accruing. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=28368275&loc=d3e5111-111524 + Details
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