Investment Securities (Tables)

6 Months Ended

Dec. 31, 2013

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



December 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⁾	$	9,450	$	358	$	—		$	9,808	$	9,808
U.S. government sponsored enterprise MBS	6,644		359		—			7,003		7,003
Private issue CMO ⁽²⁾	939		—		(14		)	925		925
Total investment securities	$	17,033	$	717	$	(14	)	$	17,736	$	17,736


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


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



June 30, 2013	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Estimated Fair Value		Carrying Value
(In Thousands)
Available for sale
U.S. government agency MBS	$	10,361	$	455	$	—		$	10,816	$	10,816
U.S. government sponsored enterprise MBS	7,255		420		—			7,675		7,675
Private issue CMO	1,036		1		(18		)	1,019		1,019
Total investment securities	$	18,652	$	876	$	(18	)	$	19,510	$	19,510

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



	December 31, 2013				June 30, 2013
(In Thousands)	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	17,033		17,736		18,652		19,510
Total investment securities	$	17,033	$	17,736	$	18,652	$	19,510