Investment Securities (Tables)

3 Months Ended

Sep. 30, 2015

The amortized cost and estimated fair value of investment securities as of September 30, 2015 and June 30, 2015 were as follows:



September 30, 2015	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Estimated Fair Value		Carrying Value
(In Thousands)
Held to maturity:
Certificates of deposit	$	800	$	—	$	—		$	800	$	800
Total investment securities - held to maturity	$	800	$	—	$	—		$	800	$	800

Available for sale:
U.S. government agency MBS ⁽¹⁾	$	7,305	$	268	$	—		$	7,573	$	7,573
U.S. government sponsored enterprise MBS	4,765		281		—			5,046		5,046
Private issue CMO ⁽²⁾	683		8		—			691		691
Common stock - community development financial institution	250		—		(99		)	151		151
Total investment securities - available for sale	$	13,003	$	557	$	(99	)	$	13,461	$	13,461
Total investment securities	$	13,803	$	557	$	(99	)	$	14,261	$	14,261


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


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



June 30, 2015	Amortized Cost		Gross Unrealized Gains		Gross Unrealized (Losses)			Estimated Fair Value		Carrying Value
(In Thousands)
Held to maturity:
Certificates of deposit	$	800	$	—	$	—		$	800	$	800
Total investment securities - held to maturity	$	800	$	—	$	—		$	800	$	800

Available for sale:
U.S. government agency MBS	$	7,613	$	293	$	—		$	7,906	$	7,906
U.S. government sponsored enterprise MBS	5,083		304		—			5,387		5,387
Private issue CMO	708		9		—			717		717
Common stock - community development financial institution	250		—		(99		)	151		151
Total investment securities - available for sale	$	13,654	$	606	$	(99	)	$	14,161	$	14,161
Total investment securities	$	14,454	$	606	$	(99	)	$	14,961	$	14,961

Contractual maturities of investment securities as of September 30, 2015 and June 30, 2015 were as follows:



	September 30, 2015				June 30, 2015
(In Thousands)	Amortized Cost		Estimated Fair Value		Amortized Cost		Estimated Fair Value

Held to maturity:
Due in one year or less	$	800	$	800	$	800	$	800
Due after one through five years	—		—		—		—
Due after five through ten years	—		—		—		—
Due after ten years	—		—		—		—
Total investment securities - held to maturity	$	800	$	800	$	800	$	800

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	12,753		13,310		13,404		14,010
No stated maturity (common stock)	250		151		250		151
Total investment securities - available for sale	$	13,003	$	13,461	$	13,654	$	14,161
Total investment securities	$	13,803	$	14,261	$	14,454	$	14,961