XML 39 R14.htm IDEA: XBRL DOCUMENT v3.7.0.1

Deposits

12 Months Ended

Jun. 30, 2017

Banking and Thrift [Abstract]

Deposits

Deposits

Deposits at June 30, 2017 and 2016 consisted of the following:

(Dollars in Thousands)	June 30, 2017				June 30, 2016
	Interest Rate	Amount			Interest Rate	Amount
Checking deposits – non interest-bearing	—	$	77,917		—	$	71,158
Checking deposits – interest-bearing(1)	0% - 0.30%	259,437			0% - 0.30%	237,979
Savings deposits(1)	0% - 1.00%	285,967			0% - 1.00%	275,310
Money market deposits(1)	0% - 2.00%	35,323			0% - 2.00%	33,082
Time deposits:(1)
Under $100(2)	0.00% - 3.90%	134,729			0.00% - 3.90%	152,674
$100 and over	0.15% - 2.13%	133,148			0.15% - 2.47%	156,181
Total deposits		$	926,521			$	926,384
Weighted-average interest rate on deposits		0.39		%		0.44		%

⁽¹⁾  Certain interest-bearing checking, savings, money market and time deposits require a minimum balance to earn interest.

⁽²⁾  Includes brokered deposits of $1.6 million at both June 30, 2017 and 2016.

The aggregate annual maturities of time deposits at June 30, 2017 and 2016 were as follows:

(In Thousands)	June 30,
	2017			2016
One year or less	$	113,946		$	148,867
Over one to two years	64,749			56,760
Over two to three years	49,618			41,482
Over three to four years	17,561			37,399
Over four to five years	11,636			13,467
Over five years	10,367			10,880
Total time deposits	$	267,877		$	308,855

Interest expense on deposits for the periods indicated is summarized as follows:

(In Thousands)	Year Ended June 30,
	2017			2016			2015
Checking deposits – interest-bearing	$	275		$	336		$	314
Savings deposits	579			657			641
Money market deposits	112			114			105
Time deposits	2,842			3,290			3,701
Total interest expense on deposits	$	3,808		$	4,397		$	4,761

The Bank is required to maintain reserve balances with the Federal Reserve Bank of San Francisco.  Such reserves are calculated based on deposit balances and are offset by the cash balances maintained by the Bank.  The cash balances maintained by the Bank at June 30, 2017 and 2016 were sufficient to cover the reserve requirements.

X

- References

No definition available.

+ Details

Name:	us-gaap_BankingAndThriftAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 405
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=50488274&loc=d3e64164-112818

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 210
-Section S99
-Paragraph 1
-Subparagraph (SX 210.9-03.12)
-URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878

+ Details

Name:	us-gaap_DepositLiabilitiesDisclosuresTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration