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Disclosures About Fair Value of Assets and Liabilities (Tables)
3 Months Ended
Sep. 30, 2017
Disclosures About Fair Value of Assets and Liabilities [Abstract]  
Financial assets measured at fair value on a recurring basis

  Fair Value Measurements Using 
(in thousands) Fair Value  Quoted 
Prices in Active Markets for Identical
Assets
(Level 1)
  Significant Other Observable Inputs (Level 2)  Significant Unobservable Inputs 
(Level 3)
 
             
September 30, 2017            
Agency mortgage-backed: residential $70  $--  $70  $-- 
                 
June 30, 2017                
Agency mortgage-backed: residential $71  $--  $71  $-- 
Assets measured at fair value on a non-recurring basis

 

  Fair Value Measurements Using
(in thousands) Fair Value Quoted Prices in Active Markets for Identical Assets 
(Level 1)
 Significant Other Observable Inputs 
(Level 2)
 Significant Unobservable Inputs 
(Level 3)
         
September 30, 2017                
Loans                
One- to four-family $70   -     -    $70 
                 
June 30, 2017                
Other real estate owned, net                
One- to four-family $103   -     -    $103 
Land  79   -     -     79 
Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis

 

September 30, 2017 Fair Value
(in thousands)
  Valuation 
Technique(s)
 Unobservable 
Input(s)
 Range 
(Weighted 
Average)
          
Loans:          
           

One- to four-family

 $70  Sales comparison approach 

Adjustments for differences between comparable sales

 

-23.5% to 13.8% (-1.5%)

 

June 30, 2017 Fair Value (in thousands)  Valuation 
Technique(s)
 Unobservable 
Input(s)
 Range 
(Weighted 
Average)
          
Foreclosed and repossessed assets:         
One- to four-family $103  Sales comparison approach Adjustments for differences between comparable sales -3.6% to 45.8%  (9.5%)
Land $79  Sales comparison approach Adjustments for differences between comparable sales 3.5% to 6.6% (5.0%)
Foregoing methods and assumptions, the carrying value and fair value

 

    Fair Value Measurements at
    September 30, 2017 Using
(in thousands) Carrying Value  Level 1   Level 2  Level 3   Total
           
Financial assets                    
Cash and cash equivalents $8,346  $8,346          $8,346 
Term deposits in other financial institutions  6,928   6,928           6,928 
Available-for-sale securities  70      $70       70 
Held-to-maturity securities  1,368       1,402       1,402 
Loans receivable - net  255,858           267,115   267,115 
Federal Home Loan Bank stock  6,482               n/a 
Accrued interest receivable  679       679       679 
                     
Financial liabilities                    
Deposits $188,187  $77,449  $110,209       187,658 
Federal Home Loan Bank advances  46,230       46,314       46,314 
Advances by borrowers for taxes and insurance  1,054   1,054           1,054 
Accrued interest payable  22       22       22 

  

     Fair Value Measurements at
    June 30, 2017 Using
(in thousands) Carrying Value   Level 1  Level 2  Level 3 Total
              
Financial assets              
Cash and cash equivalents $12,804  $12,804         $12,804
Term deposits in other financial institutions  4,201   4,201          4,201
Available-for-sale securities  71      $71      71
Held-to-maturity securities  1,487       1,523      1,523
Loans receivable – net  258,244          $269,606  269,606
Federal Home Loan Bank stock  6,482               n/a
Accrued interest receivable  679       679     679
                   
Financial liabilities                  
Deposits $182,845  $78,561  $103,786      $182,347
Federal Home Loan Bank advances  55,780       55,881      55,881
Advances by borrowers for taxes and insurance  818       818      818
Accrued interest payable  21       21      21