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Note 5: Accounting For Certain Loans Acquired in A Transfer: Schedule of Loans Acquired in Transfer Credit Impaired (Tables) | 6 Months Ended
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Dec. 31, 2013
Tables/Schedules |
Schedule of Loans Acquired in Transfer Credit Impaired | The carrying amount of those loans is included in the balance sheet amounts of loans receivable at December 31 and June 30, 2013. The amounts of these loans at December 31 and June 30, 2013, are as follows:
| December 31, 2013 | June 30, 2013
Real Estate Loans: |  |
Residential | $2,085,113 | $2,096,135
Construction | - | -
Commercial | 1,299,293 | 1,323,361
Consumer loans | - | -
Commercial loans | 1,401,778 | 1,707,442
Outstanding balance | $4,786,184 | $5,126,938
Carrying amount, net of fair value adjustment of $917,433 and $1,021,542 at December 31 and June 30, 2013, respectively | $3,868,751 | $4,105,396

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