Investment Securities (Tables)

9 Months Ended

Mar. 31, 2013

The amortized cost and estimated fair value of investment securities as of March 31, 2013 and June 30, 2012 were as follows:



March 31, 2013	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Estimated Fair Value		Carrying Value
(In Thousands)
Available for sale
U.S. government agency MBS ⁽¹⁾	$	10,870	$	517	$	—		$	11,387	$	11,387
U.S. government sponsored enterprise MBS	7,644		450		—			8,094		8,094
Private issue CMO ⁽²⁾	1,104		—		(7		)	1,097		1,097
Total investment securities	$	19,618	$	967	$	(7	)	$	20,578	$	20,578


⁽¹⁾	Mortgage-Backed Securities (“MBS”).


⁽²⁾	Collateralized Mortgage Obligations (“CMO”).



June 30, 2012	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Estimated Fair Value		Carrying Value
(In Thousands)
Available for sale
U.S. government agency MBS	$	11,854	$	460	$	—		$	12,314	$	12,314
U.S. government sponsored enterprise MBS	8,850		492		—			9,342		9,342
Private issue CMO	1,243		4		(5		)	1,242		1,242
Total investment securities	$	21,947	$	956	$	(5	)	$	22,898	$	22,898

Contractual maturities of investment securities as of March 31, 2013 and June 30, 2012 were as follows:



	March 31, 2013				June 30, 2012
	Amortized Cost		Estimated Fair Value		Amortized Cost		Estimated Fair Value
Available for sale
Due in one year or less	$	—	$	—	$	—	$	—
Due after one through five years	—		—		—		—
Due after five through ten years	—		—		—		—
Due after ten years	19,618		20,578		21,947		22,898
Total investment securities	$	19,618	$	20,578	$	21,947	$	22,898