Investment Securities (Tables)

9 Months Ended

Mar. 31, 2014

The amortized cost and estimated fair value of investment securities as of March 31, 2014 and June 30, 2013 were as follows:



March 31, 2014	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Estimated Fair Value		Carrying Value
(In Thousands)
Available for sale
U.S. government agency MBS ⁽¹⁾	$	9,171	$	372	$	—		$	9,543	$	9,543
U.S. government sponsored enterprise MBS	6,297		360		—			6,657		6,657
Private issue CMO ⁽²⁾	899		4		(1		)	902		902
Total investment securities	$	16,367	$	736	$	(1	)	$	17,102	$	17,102


⁽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 March 31, 2014 and June 30, 2013 were as follows:



	March 31, 2014				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	16,367		17,102		18,652		19,510
Total investment securities	$	16,367	$	17,102	$	18,652	$	19,510