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Premises and Equipment Premises and Equipment

12 Months Ended

Jun. 30, 2015

Property, Plant and Equipment [Abstract]

Premises and Equipment

Premises and Equipment

Premises and equipment at June 30, 2015 and 2014 consisted of the following:

(In Thousands)	June 30,
	2015			2014
Land	$	2,853		$	2,853
Buildings	8,497			8,342
Leasehold improvements	2,964			2,963
Furniture and equipment	4,492			5,578
Automobiles	157			151
	18,963			19,887
Less accumulated depreciation and amortization	(13,546		)	(13,518		)
Total premises and equipment, net	$	5,417		$	6,369

Depreciation and amortization expense for the years ended June 30, 2015, 2014 and 2013 amounted to $1.3 million, $1.0 million and $1.0 million, respectively.

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- References

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- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 210



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-Section S99



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