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Document And Entity Information - shares	6 Months Ended
Document And Entity Information - shares	Dec. 31, 2016	Feb. 02, 2017
Document Information [Line Items]
Entity Registrant Name	NORTHEAST BANCORP /ME/
Entity Central Index Key	0000811831
Trading Symbol	nbn
Current Fiscal Year End Date	--06-30
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Type	10-Q
Document Period End Date	Dec. 31, 2016
Document Fiscal Year Focus	2017
Document Fiscal Period Focus	Q2
Amendment Flag	false
Nonvoting Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		1,312,530
Voting Common Stock [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding (in shares)		7,518,705

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
Assets
Cash and due from banks	$ 2,586	$ 2,459
Short-term investments	109,610	148,698
Total cash and cash equivalents	112,196	151,157
Available-for-sale securities, at fair value	90,533	100,572
Residential real estate loans held for sale	5,217	6,449
SBA loans held for sale	3,762	1,070
Total loans held for sale	8,979	7,519
Loans	766,938	692,436
Less: Allowance for loan losses	3,107	2,350
Loans, net	763,831	690,086
Premises and equipment, net	7,179	7,801
Real estate owned and other repossessed collateral, net	3,145	1,652
Federal Home Loan Bank stock, at cost	1,938	2,408
Intangible assets, net	1,514	1,732
Bank owned life insurance	15,953	15,725
Other assets	7,391	7,501
Total assets	1,012,659	986,153
Liabilities and Shareholders' Equity
Demand	76,721	66,686
Savings and interest checking	107,386	107,218
Money market	319,933	275,437
Time	335,531	351,091
Total deposits	839,571	800,432
Federal Home Loan Bank advances	20,024	30,075
Subordinated debt	23,469	23,331
Capital lease obligation	1,003	1,128
Other liabilities	13,650	14,596
Total liabilities	897,717	869,562
Commitments and contingencies
Shareholders' equity
Preferred stock, $1.00 par value, 1,000,000 shares authorized; no shares issued and outstanding at December 31, 2016 and June 30, 2016
Additional paid-in capital	77,046	83,020
Retained earnings	30,830	26,160
Accumulated other comprehensive loss	(1,765)	(1,906)
Total shareholders' equity	114,942	116,591
Total liabilities and shareholders' equity	1,012,659	986,153
Voting Common Stock [Member]
Shareholders' equity
Common Stock	7,487	8,089
Nonvoting Common Stock [Member]
Shareholders' equity
Common Stock	1,344	1,228
Commercial Real Estate Portfolio Segment [Member]
Assets
Loans	503,448	426,568
Residential Portfolio Segment [Member]
Assets
Loans	106,949	113,962
Commercial Portfolio Segment [Member]
Assets
Loans	151,228	145,956
Consumer Portfolio Segment [Member]
Assets
Loans	$ 5,313	$ 5,950

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares	Dec. 31, 2016	Jun. 30, 2016
Preferred stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, shares authorized (in shares)	1,000,000	1,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Voting Common Stock [Member]
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	25,000,000	25,000,000
Common stock, shares issued (in shares)	7,487,552	8,089,790
Common stock, shares outstanding (in shares)	7,487,552	8,089,790
Nonvoting Common Stock [Member]
Common stock, par value (in dollars per share)	$ 1	$ 1
Common stock, shares authorized (in shares)	3,000,000	3,000,000
Common stock, shares issued (in shares)	1,343,683	1,227,683
Common stock, shares outstanding (in shares)	1,343,683	1,227,683

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Interest and dividend income:
Interest and fees on loans	$ 13,913	$ 11,719	$ 25,716	$ 22,509
Interest on available-for-sale securities	247	236	486	464
Other interest and dividend income	172	80	387	176
Total interest and dividend income	14,332	12,035	26,589	23,149
Interest expense:
Deposits	1,798	1,425	3,553	2,789
Federal Home Loan Bank advances	220	259	475	519
Wholesale repurchase agreements				67
Short-term borrowings		5		13
Junior subordinated debentures issued to affiliated trusts	468	158	927	312
Obligation under capital lease agreements	13	16	27	33
Total interest expense	2,499	1,863	4,982	3,733
Net interest and dividend income before provision for loan losses	11,833	10,172	21,607	19,416
Provision for loan losses	628	896	820	1,065
Net interest and dividend income after provision for loan losses	11,205	9,276	20,787	18,351
Noninterest income:
Fees for other services to customers	481	428	889	836
Gain on sales of residential loans held for sale	337	398	878	957
Gain on sales of portfolio loans	1,734	679	2,476	1,354
Loss recognized on real estate owned and other repossessed collateral, net	3	(14)	(11)	(74)
Bank-owned life insurance income	114	112	228	224
Other noninterest income	21	21	38	29
Total noninterest income	2,690	1,624	4,498	3,326
Noninterest expense:
Salaries and employee benefits	5,161	4,854	10,475	9,110
Occupancy and equipment expense	1,252	1,320	2,481	2,610
Professional fees	399	264	895	694
Data processing fees	410	366	832	714
Marketing expense	97	66	184	136
Loan acquisition and collection expense	547	219	774	663
FDIC insurance premiums	22	116	146	229
Intangible asset amortization	109	131	218	262
Other noninterest expense	959	860	1,577	1,589
Total noninterest expense	8,956	8,196	17,582	16,007
Income before income tax expense	4,939	2,704	7,703	5,670
Income tax expense	1,839	960	2,852	2,059
Net income	$ 3,100	$ 1,744	$ 4,851	$ 3,611
Weighted-average shares outstanding:
Basic (in shares)	8,831,235	9,559,369	8,968,690	9,560,913
Diluted (in shares)	8,864,618	9,569,585	8,999,062	9,567,138
Earnings per common share:
Basic (in dollars per share)	$ 0.35	$ 0.18	$ 0.54	$ 0.38
Diluted (in dollars per share)	0.35	0.18	0.54	0.38
Cash dividends declared per common share (in dollars per share)	$ 0.01	$ 0.01	$ 0.02	$ 0.02

Consolidated Statements of Comprehensive Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Net income	$ 3,100	$ 1,744	$ 4,851	$ 3,611
Other comprehensive income, before tax:
Change in net unrealized loss on available-for-sale securities	(1,336)	(692)	(1,414)	(226)
Change in accumulated gain (loss) on effective cash flow hedges	1,486	284	1,633	(554)
Reclassification adjustments included in net income	8		14
Total derivatives and hedging activities	1,494	284	1,647	(554)
Total other comprehensive income (loss), before tax	158	(408)	233	(780)
Income tax expense (benefit) related to other comprehensive (loss) income	62	(155)	92	(296)
Other comprehensive income (loss), net of tax	96	(253)	141	(484)
Comprehensive income	$ 3,196	$ 1,491	$ 4,992	$ 3,127

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member] Voting Common Stock [Member]	Common Stock [Member] Nonvoting Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	AOCI Attributable to Parent [Member]	Total
Balance (in shares) at Jun. 30, 2015	8,575,144	1,012,739
Balance at Jun. 30, 2015	$ 8,575	$ 1,013	$ 85,506	$ 18,921	$ (1,288)	$ 112,727
Net income				3,611		3,611
Other comprehensive loss, net of tax					(484)	(484)
Common stock repurchased (in shares)	(125,100)
Common stock repurchased	$ (125)		(1,204)			(1,329)
Conversion of voting common stock to non-voting common stock (in shares)	(16,371)	16,371
Conversion of voting common stock to non-voting common stock	$ (16)	$ 16
Dividends on common stock at $0.02 per share				(192)		(192)
Stock-based compensation			280			280
Issuance of restricted common stock (in shares)	100,000
Issuance of restricted common stock	$ 100		(100)
Cancellation and forfeiture of restricted common stock (in shares)	(43,054)
Cancellation and forfeiture of restricted common stock	$ (43)		43
Balance (in shares) at Dec. 31, 2015	8,490,619	1,029,110
Balance at Dec. 31, 2015	$ 8,491	$ 1,029	84,525	22,340	(1,772)	114,613
Balance (in shares) at Jun. 30, 2016	8,089,790	1,227,683
Balance at Jun. 30, 2016	$ 8,089	$ 1,228	83,020	26,160	(1,906)	116,591
Net income				4,851		4,851
Other comprehensive loss, net of tax					141	141
Common stock repurchased (in shares)	(645,238)
Common stock repurchased	$ (645)		(6,298)			(6,943)
Conversion of voting common stock to non-voting common stock (in shares)	(116,000)	116,000
Conversion of voting common stock to non-voting common stock	$ (116)	$ 116
Dividends on common stock at $0.02 per share				(181)		(181)
Stock-based compensation			483			483
Issuance of restricted common stock (in shares)	160,000
Issuance of restricted common stock	$ 160		(160)
Cancellation and forfeiture of restricted common stock (in shares)	(1,000)
Cancellation and forfeiture of restricted common stock	$ (1)		1
Balance (in shares) at Dec. 31, 2016	7,487,552	1,343,683
Balance at Dec. 31, 2016	$ 7,487	$ 1,344	$ 77,046	$ 30,830	$ (1,765)	$ 114,942

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) (Parentheticals) - $ / shares	6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Retained Earnings [Member]
Cash dividends declared per common share (in dollars per share)	$ 0.02	$ 0.02
Cash dividends declared per common share (in dollars per share)	$ 0.02	$ 0.02

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Operating activities:
Net income	$ 4,851	$ 3,611
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for loan losses	820	1,065
(Gain) loss on sale and impairment of real estate owned and other repossessed collateral, net	(70)	68
Loss on sale and disposal of premises and equipment, net	82	6
Amortization of subordinated debt issuance costs	138
Originations of loans held for sale	(66,778)	(49,640)
Net proceeds from sales of loans held for sale	71,100	64,525
Gain on sales of residential loans held for sale	(878)	(957)
Gain on sales of SBA loans held for sale	(2,476)	(1,354)
Amortization of intangible assets	218	262
Bank-owned life insurance income, net	(228)	(224)
Depreciation of premises and equipment	769	824
Stock-based compensation	483	280
Amortization of available-for-sale securities, net	555	490
Changes in other assets and liabilities:
Other assets	18	165
Other liabilities	701	(1,027)
Net cash provided by operating activities	3,612	12,493
Investing activities:
Purchases of available-for-sale securities	(9,056)	(17,548)
Proceeds from maturities and principal payments on available-for-sale securities	17,126	14,400
Loan purchases	(59,886)	(59,311)
Loan originations, principal collections, and purchased loan paydowns, net	(13,413)	(15,424)
Purchases and disposals of premises and equipment, net	(229)	(1,038)
Redemption of Federal Home Loan Bank stock	470	1,531
Proceeds from sales of real estate owned and other repossessed collateral	523	959
Net cash used in investing activities	(64,465)	(76,431)
Financing activities:
Net increase in deposits	39,141	52,011
Net increase in short-term borrowings		77
Repurchase of common stock	(6,943)	(1,329)
Dividends paid on common stock	(181)	(192)
Repayment of wholesale repurchase agreements		(10,000)
Repayment of Federal Home Loan Bank advances	(10,000)
Repayment of capital lease obligation	(125)	(116)
Net cash provided by financing activities	21,892	40,451
Net decrease in cash and cash equivalents	(38,961)	(23,487)
Cash and cash equivalents, beginning of period	151,157	89,850
Cash and cash equivalents, end of period	112,196	66,363
Supplemental schedule of noncash investing activities:
Transfers from loans to real estate owned and other repossessed collateral	1,946	614
Loans Location [Member]
Adjustments to reconcile net income to net cash provided by operating activities:
Accretion of fair value adjustments	(5,640)	(5,600)
Deposits Location [Member]
Adjustments to reconcile net income to net cash provided by operating activities:
Accretion of fair value adjustments	(2)	(4)
Borrowing Location [Member]
Adjustments to reconcile net income to net cash provided by operating activities:
Accretion of fair value adjustments	$ (51)	$ 3

Note 1 - Basis of Presentation	6 Months Ended
Note 1 - Basis of Presentation	Dec. 31, 2016
Notes to Financial Statements
Basis of Accounting [Text Block]	1. Basis of Presentation The accompanying unaudited condensed and consolidated interim financial statements include the accounts of Northeast Bancorp (“Northeast” or the “Company”) and its wholly-owned subsidiary, Northeast Bank (the “Bank”). These financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America (“US GAAP”) for interim financial information and with the instructions to Form 10 -Q and Article 10 of Regulation S-X. Accordingly, they do not include all of the information and notes required by GAAP for complete financial statements. In the opinion of management, the accompanying consolidated financial statements contain all adjustments (consisting principally of normal recurring accruals) considered necessary for a fair presentation of the Company's financial position, results of operations, and cash flows for the interim periods presented. These financial statements and notes should be read in conjunction with the audited consolidated financial statements and notes thereto for the fiscal year ended June 30, 2016 (“Fiscal 2016”) included in the Company's Annual Report on Form 10 -K filed with the Securities and Exchange Commission.

Note 2 - Recent Accounting Pronouncements	6 Months Ended
Note 2 - Recent Accounting Pronouncements	Dec. 31, 2016
Notes to Financial Statements
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	2. Recent Accounting Pronouncements In May 2014, the Financial Accounting Standards Board (“FASB”) issued ASU 2014 - 09, Revenue from Contracts with Customers (Topic 606) (“ASU 2014 - 09”). ASU 2014 - 09 implements a common revenue standard that clarifies the principles for recognizing revenue. The core principle of ASU 2014 - 09 is that an entity should recognize revenue to depict the transfer of promised goods or services to customers in an amount that reflects the consideration to which the entity expects to be entitled in exchange for those goods or services. To achieve that core principle, an entity should apply the following steps: (i) identify the contract(s) with a customer, (ii) identify the performance obligations in the contract, (iii) determine the transaction price, (iv) allocate the transaction price to the performance obligations in the contract and (v) recognize revenue when (or as) the entity satisfies a performance obligation. ASU 2015 - 14, Revenue from Contracts with Customers (Topic 606) (“ASU 2014 - 09”) was issued in August 2015 which defers adoption to annual reporting periods beginning after December 15, 2017. The Company is currently evaluating the impact of the adoption of ASU 2014 - 09 on its consolidated financial statements. In January 2016, the FASB issued ASU 2016 - 01, Financial Instruments—Overall (Subtopic 825 - 10): Recognition and Measurement of Financial Assets and Financial Liabilities (“ASU 2016 - 01”). This guidance changes how entities account for equity investments that do not result in consolidation and are not accounted for under the equity method of accounting. Entities will be required to measure these investments at fair value at the end of each reporting period and recognize changes in fair value in net income. A practicability exception will be available for equity investments that do not have readily determinable fair values, however; the exception requires the Company to adjust the carrying amount for impairment and observable price changes in orderly transactions for the identical or a similar investment of the same issuer. This guidance also changes certain disclosure requirements and other aspects of current US GAAP. This guidance is effective for fiscal years beginning after December 15, 2017, including interim periods within the fiscal year. Early adoption is permitted for only one of the six amendments. The Company is currently evaluating the impact of the adoption of ASU 2016 - 01 on its consolidated financial statements. In February 2016, the FASB issued ASU 2016 - 02, Leases (Topic 842) (“ASU 2016 - 02”). The new guidance establishes the principles to report transparent and economically neutral information about the assets and liabilities that arise from leases. Entities will be required to recognize the lease assets and lease liabilities that arise from leases in the statement of financial position and to disclose qualitative and quantitative information about lease transactions, such as information about variable lease payments and options to renew and terminate leases. This guidance is effective for fiscal years beginning after December 15, 2018, including interim periods within the fiscal year. The Company is currently evaluating the impact of the adoption of ASU 2016 - 02 on its consolidated financial statements. In March 2016, the FASB issued ASU 2016 - 05, Derivatives and Hedging (Topic 815): Effect of Derivative Contract Novations on Existing Hedge Accounting Relationships (“ASU 2016 - 05”). The new guidance clarifies that a change in the counterparty to a derivative instrument that has been designated as the hedging instrument under Topic 815 does not, in and of itself, require de-designation of that hedging relationship provided that all other hedge accounting criteria continue to be met. This guidance is effective for fiscal years beginning after December 15, 2016, and interim periods within those fiscal years. The adoption of this guidance is not expected to have a significant impact on the Company’s financial statements. In March 2016, the FASB issued ASU 2016 - 09, Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting (“ASU 2016 - 09”). The new guidance simplifies several aspects of the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. Entities will be required to recognize the income tax effects of awards in the income statement when the awards vest or are settled. This guidance is effective for fiscal years beginning after December 15, 2016, and interim periods within those annual periods. The adoption of this guidance is not expected to have a significant impact on the Company’s financial statements. In June 2016, the FASB issued ASU 2016 - 13, Financial Instruments – Credit Losses (Topic 326) (“ASU 2016 - 13”). This update is intended to provide financial statement users with more decision-useful information about the expected credit losses on financial instruments and other commitments to extend credit held by a reporting entity at each reporting date. To achieve this objective, the amendments in this update replace the incurred loss impairment methodology in current US GAAP with a methodology that reflects expected credit losses and requires consideration of a broader range of reasonable and supportable information to inform credit loss estimates. This ASU will be effective for fiscal years beginning after December 15, 2019. Early adoption is available as of the fiscal year beginning after December 15, 2018. The Company is currently evaluating the impact of the adoption of ASU 2016 - 13 on its consolidated financial statements. In August 2016, the FASB issued ASU 2016 - 15, Statement of Cash Flows (Topic 230) (“ASU 2016 - 15”). This update clarifies and provides guidance on several cash receipt and cash payment classification issues, including debt prepayment and extinguishment costs, settlement of zero -coupon debt instruments, contingent consideration payments made after a business combination, proceeds from the settlement of insurance claims, proceeds from the settlement of corporate-owned life insurance policies, including bank-owned life insurance policies, distributions received from equity method investees, beneficial interests in securitization transactions, and separately identifiable cash flows and application of the predominance principle. The amendments in this update are effective for public business entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. The adoption of this guidance is not expected to have a significant impact on the Company’s financial statements. In November 2016, the FASB issued ASU 2016 - 18, Statement of Cash Flows (Topic 230) (“ASU 2016 - 18”). This update requires that a statement of cash flows explain the change during the period in the total of cash, cash equivalents, and amounts generally described as restricted cash or restricted cash equivalents. Therefore, amounts generally described as restricted cash and restricted cash equivalents should be included with cash and cash equivalents when reconciling the beginning-of-period and end-of-period total amounts shown on the statement of cash flows. The amendments in this update are effective for public business entities for fiscal years beginning after December 15, 2017, and interim periods within those fiscal years. Early adoption is permitted, including adoption in an interim period. The Company is currently evaluating the impact of the adoption of ASU 2016 - 18 on its consolidated financial statements.

- Definition

The entire disclosure of changes in accounting principles, including adoption of new accounting pronouncements, that describes the new methods, amount and effects on financial statement line items.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Change in Accounting Principle
-URI http://asc.fasb.org/extlink&oid=6507316

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Direct Effects of a Change in Accounting Principle
-URI http://asc.fasb.org/extlink&oid=66092750

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22583-107794

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Indirect Effects of a Change in Accounting Principle
-URI http://asc.fasb.org/extlink&oid=6515603

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22580-107794

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.10-01.(b)(6))
-URI http://asc.fasb.org/extlink&oid=27015980&loc=d3e46468-122699

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Accounting Change
-URI http://asc.fasb.org/extlink&oid=6503790

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=64853466&loc=d3e22499-107794

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Retrospective Application
-URI http://asc.fasb.org/extlink&oid=6523989

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e765-108305

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=68064558&loc=d3e725-108305

+ Details

Note 3 - Securities Available-for-sale

6 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]

Securities Available-for-Sale

The following presents a summary of the amortized cost, gross unrealized holding gains and losses, and fair value of securities available for sale.

	December 31, 2016
	Amortized		Gross Unrealized		Gross Unrealized			Fair
	Cost		Gains		Losses			Value
	(Dollars in thousands)
U.S. Government agency securities	$	48,711	$	5	$	(216	)	$	48,500
Agency mortgage-backed securities		37,882		-		(882	)		37,000
Other investment measured at net asset value		5,157		-		(124	)		5,033
	$	91,750	$	5	$	(1,222	)	$	90,533

	June 30, 2016
	Amortized		Gross Unrealized		Gross Unrealized			Fair
	Cost		Gains		Losses			Value
	(Dollars in thousands)
U.S. Government agency securities	$	51,948	$	98	$	-		$	52,046
Agency mortgage-backed securities		43,330		90		(52	)		43,368
Other investment measured at net asset value		5,097		61		-			5,158
	$	100,375	$	249	$	(52	)	$	100,572

When securities are sold, the adjusted cost of the specific security sold is used to compute the gain or loss on sale. There were

securities sold during the

three

and

six

months ended

December

31,

2016

2015.

December

31,

2016,

investment securities were pledged as collateral to secure outstanding borrowings.

The following summarizes the Company’s gross unrealized losses and fair values aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position.

	December 31, 2016
	Less than 12 Months					More than 12 Months					Total
	Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
	Value		Losses			Value		Losses			Value		Losses
	(Dollars in thousands)
U.S. Government agency securities	$	42,493	$	(216	)	$	-	$	-		$	42,493	$	(216	)
Agency mortgage-backed securities		22,574		(375	)		14,425		(507	)		36,999		(882	)
Other investment measured at net asset value		5,033		(124	)		-		-			5,033		(124	)
	$	70,100	$	(715	)	$	14,425	$	(507	)	$	84,525	$	(1,222	)

	June 30, 2016
	Less than 12 Months				More than 12 Months					Total
	Fair		Unrealized		Fair		Unrealized			Fair		Unrealized
	Value		Losses		Value		Losses			Value		Losses
	(Dollars in thousands)
U.S. Government agency securities	$	-	$	-	$	-	$	-		$	-	$	-
Agency mortgage-backed securities		-		-		25,350		(52	)		25,350		(52	)
Other investment measured at net asset value		-		-		-		-			-		-
	$	-	$	-	$	25,350	$	(52	)	$	25,350	$	(52	)

There were

other-than-temporary impairment losses on securities during the

three

and

six

months ended

December

31,

2016

2015.

December

31,

2016,

the Company had

seven

securities in a continuous loss position for greater than

twelve

months. At

December

31,

2016,

all of the Company’s available-for-sale securities were issued or guaranteed by either government agencies or government-sponsored enterprises. The decline in fair value of the Company’s available-for-sale securities at

December

31,

2016

is attributable to changes in interest rates.

In addition to considering current trends and economic conditions that

may

affect the quality of individual securities within the Company’s investment portfolio, management of the Company also considers the Company’s ability and intent to hold such securities to maturity or recovery of cost. At

December

31,

2016,

the Company does not intend to sell and it is not more likely than not that the Company will be required to sell the investment securities before recovery of its amortized cost. As such, management does not believe any of the Company’s available-for-sale securities are other-than-temporarily impaired at

December

31,

2016.

The investment measured at net asset value is a fund that seeks to invest in securities either issued or guaranteed by the U.S. government or its agencies. The underlying composition of the fund is primarily government agencies or other investment-grade investments. As of

December

31,

2016,

the effective duration of the investments is

5.32

years.

The amortized cost and fair values of available-for-sale debt securities by contractual maturity are shown below as of

December

31,

2016.

Actual maturities

may

differ from contractual maturities because borrowers

may

have the right to call or prepay obligations with or without call or prepayment penalties.

	Amortized		Fair
	Cost		Value
	(Dollars in thousands)
Due within one year	$	9,230	$	9,224
Due after one year through five years		39,481		39,277
Due after five years through ten years		16,669		16,491
Due after ten years		21,213		20,508
Total	$	86,593	$	85,500

- Definition

The entire disclosure for investments in certain debt and equity securities.

+ References + Details

Note 4 - Loans, Allowance for Loan Losses and Credit Quality

6 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Financing Receivables [Text Block]

Loans, Allowance for Loan Losses and Credit Quality

Loans are carried at the principal amounts outstanding, or amortized acquired fair value in the case of acquired loans, adjusted by partial charge-offs and net of deferred loan costs or fees. Loan fees and certain direct origination costs are deferred and amortized into interest income over the expected term of the loan using the level-yield method. When a loan is paid off, the unamortized portion is recognized in interest income. Interest income is accrued based upon the daily principal amount outstanding except for loans on nonaccrual status.

Loans purchased by the Company are accounted for under ASC

310

30,

Receivables—Loans and Debt Securities Acquired with Deteriorated Credit Quality ("ASC

310

30").

At acquisition, the effective interest rate is determined based on the discount rate that equates the present value of the Company's estimate of cash flows with the purchase price of the loan. Prepayments are not assumed in determining a purchased loan's effective interest rate and income accretion. The application of ASC

310

limits the yield that

may

be accreted on the purchased loan, or the "accretable yield," to the excess of the Company's estimate, at acquisition, of the expected undiscounted principal, interest, and other cash flows over the Company's initial investment in the loan. The excess of contractually required payments receivable over the cash flows expected to be collected on the loan represents the purchased loan's "nonaccretable difference." Subsequent improvements in expected cash flows of loans with nonaccretable differences result in a prospective increase to the loan's effective yield through a reclassification of some, or all, of the nonaccretable difference to accretable yield. The effect of subsequent credit-related declines in expected cash flows of purchased loans are recorded through a specific allocation in the allowance for loan losses.

Loans are generally placed on nonaccrual status when they are past due

days as to either principal or interest, or when in management's judgment the collectability of interest or principal of the loan has been significantly impaired. Loans accounted for under ASC

310

are placed on nonaccrual when it is not possible to reach a reasonable expectation of the timing and amount of cash flows to be collected on the loan. When a loan has been placed on nonaccrual status, previously accrued and uncollected interest is reversed against interest on loans. Interest on nonaccrual loans is accounted for on a cash-basis or using the cost-recovery method when collectability is doubtful. A loan is returned to accrual status when collectability of principal is reasonably assured and the loan has performed for a reasonable period of time.

In cases where a borrower experiences financial difficulties and the Company makes certain concessionary modifications to contractual terms, the loan is classified as a troubled debt restructuring ("TDR"), and therefore by definition is an impaired loan. Concessionary modifications

may

include adjustments to interest rates, extensions of maturity, and other actions intended to minimize economic loss and avoid foreclosure or repossession of collateral. For loans accounted for under ASC

310

30,

the Company evaluates whether it has granted a concession by comparing the restructured debt terms to the expected cash flows at acquisition plus any additional cash flows expected to be collected arising from changes in estimate after acquisition. As a result, if an ASC

310

loan is modified to be consistent with, or better than, the Company's expectations at acquisition, the modified loan would not qualify as a TDR. Nonaccrual loans that are restructured generally remain on nonaccrual status for a minimum period of

six

months to demonstrate that the borrower can meet the restructured terms. If the restructured loan is on accrual status prior to being modified, it is reviewed to determine if the modified loan should remain on accrual status. If the borrower's ability to meet the revised payment schedule is not reasonably assured, the loan is classified as a nonaccrual loan. With limited exceptions, loans classified as TDRs remain classified as such until the loan is paid off.

The composition of the Company’s loan portfolio is as follows on the dates indicated.

	December 31, 2016						June 30, 2016
	Originated		Purchased		Total		Originated		Purchased		Total
	(Dollars in thousands)
Residential real estate	$	87,900	$	3,085	$	90,985	$	93,391	$	2,559	$	95,950
Home equity		15,964		-		15,964		18,012		-		18,012
Commercial real estate		253,601		249,847		503,448		189,616		236,952		426,568
Commercial and industrial		150,087		1,141		151,228		145,758		198		145,956
Consumer		5,313		-		5,313		5,950		-		5,950
Total loans	$	512,865	$	254,073	$	766,938	$	452,727	$	239,709	$	692,436

Total loans include net deferred loan origination costs of

$463

thousand and net deferred loan origination fees of

$58

thousand as of

December

31,

2016

and

June

30,

2016,

respectively.

Past Due and Nonaccrual Loans

The following is a summary of past due and non-accrual loans:

	December 31, 2016
	30-59 Days		60-89 Days		Past Due 90 Days or More-Still Accruing		Past Due 90 Days or More- Nonaccrual		Total Past Due		Total Current		Total Loans		Non- Accrual Loans
	(Dollars in thousands)
Originated portfolio:
Residential real estate	$	1,052	$	823	$	-	$	1,596	$	3,471	$	84,429	$	87,900	$	2,827
Home equity		-		-		-		48		48		15,916		15,964		48
Commercial real estate		882		522		-		137		1,541		252,060		253,601		396
Commercial and industrial		48		-		-		677		725		149,362		150,087		2,659
Consumer		128		28		-		19		175		5,138		5,313		48
Total originated portfolio		2,110		1,373		-		2,477		5,960		506,905		512,865		5,978
Purchased portfolio:
Residential real estate		1		-		-		-		1		3,084		3,085		1,066
Commercial and industrial		219		56		-		35		310		831		1,141		98
Commercial real estate		12,150		713		-		2,721		15,584		234,263		249,847		3,055
Total purchased portfolio		12,370		769		-		2,756		15,895		238,178		254,073		4,219
Total loans	$	14,480	$	2,142	$	-	$	5,233	$	21,855	$	745,083	$	766,938	$	10,197

	June 30, 2016
	30-59 Days		60-89 Days		Past Due 90 Days or More-Still Accruing		Past Due 90 Days or More- Nonaccrual		Total Past Due		Total Current		Total Loans		Non- Accrual Loans
	(Dollars in thousands)
Originated portfolio:
Residential real estate	$	302	$	910	$	-	$	1,555	$	2,767	$	90,624	$	93,391	$	2,613
Home equity		146		-		-		48		194		17,818		18,012		48
Commercial real estate		132		-		-		188		320		189,296		189,616		474
Commercial and industrial		-		-		-		15		15		145,743		145,758		17
Consumer		73		56		-		74		203		5,747		5,950		163
Total originated portfolio		653		966		-		1,880		3,499		449,228		452,727		3,315
Purchased portfolio:
Residential real estate		-		-		-		-		-		2,559		2,559		1,125
Commercial and industrial		-		-		-		-		-		198		198		-
Commercial real estate		-		19		-		3,387		3,406		233,546		236,952		3,387
Total purchased portfolio		-		19		-		3,387		3,406		236,303		239,709		4,512
Total loans	$	653	$	985	$	-	$	5,267	$	6,905	$	685,531	$	692,436	$	7,827

Allowance for Loan Losses and Impaired Loans

The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. For residential and consumer loans, a charge-off is recorded no later than the point at which a loan is

180

days past due if the loan balance exceeds the fair value of the collateral, less costs to sell. For commercial loans, a charge-off is recorded on a case-by-case basis when all or a portion of the loan is deemed to be uncollectible. Subsequent recoveries, if any, are credited to the allowance.

The allowance for loan losses consists of general, specific, and unallocated reserves and reflects management’s estimate of probable loan losses inherent in the loan portfolio at the balance sheet date. Management uses a consistent and systematic process and methodology to evaluate the appropriateness of the allowance for loan losses on a quarterly basis. The calculation of the allowance for loan losses is segregated by portfolio segments, which include: commercial real estate, commercial and industrial, consumer, residential real estate, and purchased loans. Risk characteristics relevant to each portfolio segment are as follows:

Residential real estate: All loans in this segment are collateralized by residential real estate and repayment is primarily dependent on the credit quality, loan-to-value ratio and income of the individual borrower. The overall health of the economy, particularly unemployment rates and housing prices, has a significant effect on the credit quality in this segment. For purposes of the Company’s allowance for loan loss calculation, home equity loans and lines of credit are included in residential real estate.

Commercial real estate: Loans in this segment are primarily income-producing properties. For owner-occupied properties, the cash flows are derived from an operating business, and the underlying cash flows

may

be adversely affected by deterioration in the financial condition of the operating business. The underlying cash flows generated by non-owner occupied properties

may

be adversely affected by increased vacancy rates. Management periodically obtains rent rolls, with which it monitors the cash flows of these loans. Adverse developments in either of these areas will have an adverse effect on the credit quality of this segment. For purposes of the allowance for loan losses, this segment also includes construction loans.

Commercial and industrial: Loans in this segment are made to businesses and are generally secured by the assets of the business. Repayment is expected from the cash flows of the business. Weakness in national or regional economic conditions, and a corresponding weakness in consumer or business spending, will have an adverse effect on the credit quality of this segment.

Consumer: Loans in this segment are generally secured, and repayment is dependent on the credit quality of the individual borrower. Repayment of consumer loans is generally based on the earnings of individual borrowers, which

may

be adversely impacted by regional labor market conditions.

Purchased: Loans in this segment are typically secured by commercial real estate, multi-family residential real estate, or business assets and have been acquired by the Bank’s Loan Acquisition and Servicing Group (“LASG”). Loans acquired by the LASG are, with limited exceptions, performing loans at the date of purchase. Repayment of loans in this segment is largely dependent on cash flow from the successful operation of the property, in the case of non-owner occupied property, or operating business, in the case of owner-occupied property. Loan performance

may

be adversely affected by factors affecting the general economy or conditions specific to the real estate market, such as geographic location or property type. Loans in this segment are evaluated for impairment under ASC

310

30.

The Company reviews expected cash flows from purchased loans on a quarterly basis. The effect of a decline in expected cash flows subsequent to the acquisition of the loan is recognized through a specific allocation in the allowance for loan losses

The general component of the allowance for loan losses for originated loans is based on historical loss experience adjusted for qualitative factors stratified by loan segment. The Company does not weight periods used in that analysis to determine the average loss rate in each portfolio segment. This historical loss factor is adjusted for the following qualitative factors:

●

Levels and trends in delinquencies;

●

Trends in the volume and nature of loans;

●

Trends in credit terms and policies, including underwriting standards, procedures and practices, and the experience and ability of lending management and staff;

●

Trends in portfolio concentration;

●

National and local economic trends and conditions;

●

Effects of changes or trends in internal risk ratings; and

●

Other effects resulting from trends in the valuation of underlying collateral.

The allocated component of the allowance for loan losses relates to loans that are classified as impaired. Impairment is measured on a loan-by-loan basis by either the present value of expected future cash flows discounted at the loan’s effective interest rate or the fair value of the collateral if the loan is collateral dependent. An allowance is established when the discounted cash flows or collateral value of the impaired loan is lower than the carrying value of that loan.

For all portfolio segments, except loans accounted for under ASC

310

30,

a loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reasons for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. For the purchased loan segment, a loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to realize cash flows as expected at acquisition. For loans accounted for under ASC

310

for which cash flows can reasonably be estimated, loan impairment is measured based on the decrease in expected cash flows from those estimated at acquisition, excluding changes due to changes in interest rate indices and other non-credit related factors, discounted at the loan’s effective rate assumed at acquisition. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting the scheduled principal and interest payments when due.

The following table sets forth activity in the Company’s allowance for loan losses.

	Three Months Ended December 31, 2016
	Residential Real Estate		Commercial Real Estate			Commercial and Industrial		Consumer			Purchased		Unallocated		Total
	(Dollars in thousands)
Beginning balance	$	541	$	1,421		$	318	$	68		$	158	$	-	$	2,506
Provision		6		351			207		40			24		-		628
Recoveries		27		19			6		21			-		-		73
Charge-offs		-		(41	)		-		(59	)		-		-		(100	)
Ending balance	$	574	$	1,750		$	531	$	70		$	182	$	-	$	3,107

	Three Months Ended December 31, 2015
	Residential Real Estate			Commercial Real Estate			Commercial and Industrial			Consumer			Purchased			Unallocated			Total
	(Dollars in thousands)
Beginning balance	$	732		$	733		$	134		$	46		$	364		$	56		$	2,065
Provision		147			125			42			(6	)		644			(56	)		896
Recoveries		1			-			4			3			-			-			8
Charge-offs		(19	)		(14	)		(1	)		(7	)		(799	)		-			(840	)
Ending balance	$	861		$	844		$	179		$	36		$	209		$	-		$	2,129

	Six Months Ended December 31, 2016
	Residential Real Estate			Commercial Real Estate			Commercial and Industrial			Consumer			Purchased		Unallocated		Total
	(Dollars in thousands)
Beginning balance	$	663		$	1,195		$	297		$	62		$	133	$	-	$	2,350
Provision		(93	)		577			224			63			49		-		820
Recoveries		29			19			11			32			-		-		91
Charge-offs		(25	)		(41	)		(1	)		(87	)		-		-		(154	)
Ending balance	$	574		$	1,750		$	531		$	70		$	182	$	-	$	3,107

	Six Months Ended December 31, 2015
	Residential Real Estate			Commercial Real Estate			Commercial and Industrial			Consumer			Purchased			Unallocated			Total
	(Dollars in thousands)
Beginning balance	$	741		$	694		$	117		$	35		$	283		$	56		$	1,926
Provision		126			187			58			25			725			(56	)		1,065
Recoveries		13			5			5			5			-			-			28
Charge-offs		(19	)		(42	)		(1	)		(29	)		(799	)		-			(890	)
Ending balance	$	861		$	844		$	179		$	36		$	209		$	-		$	2,129

The following table sets forth information regarding the allowance for loan losses by portfolio segment and impairment methodology.

	December 31, 2016
	Residential Real Estate		Commercial Real Estate		Commercial and Industrial		Consumer		Purchased		Unallocated		Total
	(Dollars in thousands)
Allowance for loan losses:
Individually evaluated	$	366	$	64	$	164	$	6	$	-	$	-	$	600
Collectively evaluated		208		1,686		367		64		-		-		2,325
ASC 310-30		-		-		-		-		182		-		182
Total	$	574	$	1,750	$	531	$	70	$	182	$	-	$	3,107

Loans:
Individually evaluated	$	5,573	$	1,594	$	2,820	$	254	$	-	$	-	$	10,241
Collectively evaluated		98,291		252,007		147,267		5,059		-		-		502,624
ASC 310-30		-		-		-		-		254,073		-		254,073
Total	$	103,864	$	253,601	$	150,087	$	5,313	$	254,073	$	-	$	766,938

	June 30, 2016
	Residential Real Estate		Commercial Real Estate		Commercial and Industrial		Consumer		Purchased		Unallocated		Total
	(Dollars in thousands)
Allowance for loan losses:
Individually evaluated	$	386	$	59	$	2	$	23	$	-	$	-	$	470
Collectively evaluated		277		1,136		295		39		-		-		1,747
ASC 310-30		-		-		-		-		133		-		133
Total	$	663	$	1,195	$	297	$	62	$	133	$	-	$	2,350

Loans:
Individually evaluated	$	5,039	$	1,686	$	17	$	362	$	-	$	-	$	7,104
Collectively evaluated		106,364		187,930		145,741		5,588		-		-		445,623
ASC 310-30		-		-		-		-		239,709		-		239,709
Total	$	111,403	$	189,616	$	145,758	$	5,950	$	239,709	$	-	$	692,436

The following table sets forth information regarding impaired loans. Loans accounted for under ASC

310

that have performed based on cash flow

and accretable yield expectations determined at date of acquisition are not considered impaired assets and have been excluded from the tables below.

	December 31, 2016						June 30, 2016
			Unpaid						Unpaid
	Recorded		Principal		Related		Recorded		Principal		Related
	Investment		Balance		Allowance		Investment		Balance		Allowance
	(Dollars in thousands)
Impaired loans without a valuation allowance:
Originated:
Residential real estate	$	3,191	$	3,264	$	-	$	3,192	$	3,299	$	-
Consumer		171		179		-		257		282		-
Commercial real estate		487		489		-		451		453		-
Commercial and industrial		1,815		1,815		-		15		15		-
Purchased:
Residential real estate		1,066		1,108		-		1,125		1,125		-
Commercial real estate		4,513		6,049		-		4,574		4,886		-
Commercial and industrial		16		34		-		-		-		-
Total		11,259		12,938		-		9,614		10,060		-

Impaired loans with a valuation allowance:
Originated:
Residential real estate		2,382		2,340		366		1,847		1,802		386
Consumer		83		92		6		105		112		23
Commercial real estate		1,107		1,098		64		1,235		1,223		59
Commercial and industrial		1,005		1,005		164		2		2		2
Purchased:
Commercial real estate		1,272		1,660		100		1,484		1,812		66
Commercial and industrial		56		322		57		-		-		-
Total		5,905		6,517		757		4,673		4,951		536
Total impaired loans	$	17,164	$	19,455	$	757	$	14,287	$	15,011	$	536

The following tables set forth information regarding interest income recognized on impaired loans.

	Three Months Ended December 31,
	2016				2015
	Average		Interest		Average		Interest
	Recorded		Income		Recorded		Income
	Investment		Recognized		Investment		Recognized
	(Dollars in thousands)
Impaired loans without a valuation allowance:
Originated:
Residential real estate	$	3,730	$	62	$	3,157	$	37
Consumer		200		8		354		8
Commercial real estate		466		15		885		7
Commercial and industrial		1,080		33		2		-
Purchased:
Residential real estate		1,087		-		-		-
Commercial real estate		4,705		47		6,844		50
Commercial and industrial		32		-		-		-
Total		11,300		165		11,242		102

Impaired loans with a valuation allowance:
Originated:
Residential real estate		1,952		73		1,968		22
Consumer		93		2		44		1
Commercial real estate		1,115		31		930		19
Commercial and industrial		504		12		-		-
Purchased:
Commercial real estate		1,423		7		1,481		3
Commercial and industrial		28		2		-		-
Total		5,115		127		4,423		45
Total impaired loans	$	16,415	$	292	$	15,665	$	147

	Six Months Ended December 31,
	2016				2015
	Average		Interest		Average		Interest
	Recorded		Income		Recorded		Income
	Investment		Recognized		Investment		Recognized
	(Dollars in thousands)
Impaired loans without a valuation allowance:
Originated:
Residential real estate	$	3,550	$	111	$	2,613	$	76
Consumer		219		11		316		13
Commercial real estate		461		23		1,190		14
Commercial and industrial		725		36		2		-
Purchased:
Residential real estate		1,100		3		-		-
Commercial real estate		4,661		99		6,674		64
Commercial and industrial		21		-		-		-
Total		10,737		283		10,795		167

Impaired loans with a valuation allowance:
Originated:
Residential real estate		1,917		89		2,024		45
Consumer		97		4		20		2
Commercial real estate		1,155		49		883		31
Commercial and industrial		336		12		-		-
Purchased:
Commercial real estate		1,443		24		713		39
Commercial and industrial		19		2		-		-
Total		4,967		180		3,640		117
Total impaired loans	$	15,704	$	463	$	14,435	$	284

Credit Quality

The Company utilizes a

ten

-point internal loan rating system for commercial real estate, construction, commercial and industrial, and certain residential loans as follows:

Loans rated

–

Loans in these categories are considered “pass” rated loans. Loans in categories

are considered to have low to average risk. Loans rated

are considered marginally acceptable business credits and have more than average risk.

Loans rated

Loans in this category are considered “special mention.” These loans show signs of potential weakness and are being closely monitored by management.

Loans rated

Loans in this category are considered “substandard.” Loans classified as substandard are inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged, if any. Assets so classified have a well-defined weakness or weaknesses that jeopardize the orderly repayment of the debt.

Loans rated

Loans in this category are considered “doubtful.” Loans classified as doubtful have all the weaknesses inherent in

one

graded

with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions and values, highly questionable and improbable.

Loans rated

10:

Loans in this category are considered “loss” and of such little value that their continuance as loans is not warranted.

On an annual basis, or more often if needed, the Company formally reviews the ratings of all loans subject to risk ratings. Semi-annually, the Company engages an independent

third

-party to review a significant portion of loans within these segments. Management uses the results of these reviews as part of its annual review process. Risk ratings on purchased loans, with and without evidence of credit deterioration at acquisition, are determined relative to the Company’s recorded investment in that loan, which

may

be significantly lower than the loan’s unpaid principal balance.

The following tables present the Company’s loans by risk rating.

	December 31, 2016
	Originated Portfolio
	Commercial		Commercial				Purchased
	Real Estate		and Industrial		Residential (1)		Portfolio		Total
	(Dollars in thousands)
Loans rated 1- 6	$	249,552	$	148,674	$	8,226	$	243,364	$	649,816
Loans rated 7		3,230		560		495		7,147		11,432
Loans rated 8		819		853		508		3,562		5,742
Loans rated 9		-		-		23		-		23
Loans rated 10		-		-		-		-		-
	$	253,601	$	150,087	$	9,252	$	254,073	$	667,013

	June 30, 2016
	Originated Portfolio
	Commercial		Commercial				Purchased
	Real Estate		and Industrial		Residential (1)		Portfolio		Total
	(Dollars in thousands)
Loans rated 1- 6	$	186,165	$	142,451	$	7,659	$	227,895	$	564,170
Loans rated 7		2,493		3,290		431		7,147		13,361
Loans rated 8		958		17		537		4,667		6,179
Loans rated 9		-		-		23		-		23
Loans rated 10		-		-		-		-		-
	$	189,616	$	145,758	$	8,650	$	239,709	$	583,733

(1)

Certain of the Company’s loans made for commercial purposes, but secured by residential collateral, are rated under the Company’s risk-rating system.

The Company had consumer mortgage loans secured by residential real estate properties for which formal foreclosure proceedings were in process according to local requirements of the applicable jurisdictions totaling

$823

thousand at

December

31,

2016,

compared to

$882

thousand at

June

30,

2016.

Troubled Debt Restructurings

The following table shows the Company’s post-modification balance of TDRs by type of modification.

	Three Months Ended December 31,								Six Months Ended December 31,
	2016				2015				2016				2015
	Number of Contracts		Recorded Investment		Number of Contracts		Recorded Investment		Number of Contracts		Recorded Investment		Number of Contracts		Recorded Investment
	(Dollars in thousands)
Extended maturity		1	$	154		-	$	-		1	$	154		-	$	-
Adjusted interest rate		2		135		-		-		3		144		-		-
Rate and maturity		-		-		3		208		1		334		3		208
Principal deferment		1		161		-		-		1		161		-		-
Court ordered concession		-		-		-		-		-		-		-		-
		4	$	450		3	$	208		6	$	793		3	$	208

The following table shows loans modified in a TDR and the change in the recorded investment subsequent to the modifications occurring.

	Three Months Ended December 31,
	2016						2015
	Number of Contracts		Recorded Investment Pre-Modification		Recorded Investment Post-Modification		Number of Contracts		Recorded Investment Pre-Modification		Recorded Investment Post-Modification
	(Dollars in thousands)
Originated portfolio:
Residential real estate		3	$	266	$	289		3	$	208	$	208
Home equity		-		-		-		-		-		-
Commercial real estate		-		-		-		-		-		-
Commercial and industrial		1		91		161		-		-		-
Consumer		-		-		-		-		-		-
Total originated portfolio		4		357		450		3		208		208

Purchased portfolio:
Residential real estate		-		-		-		-		-		-
Commercial real estate		-		-		-		-		-		-
Total purchased portfolio		-		-		-		-		-		-
Total		4	$	357	$	450		3	$	208	$	208

	Six Months Ended December 31,
	2016						2015
	Number of Contracts		Recorded Investment Pre-Modification		Recorded Investment Post-Modification		Number of Contracts		Recorded Investment Pre-Modification		Recorded Investment Post-Modification
	(Dollars in thousands)
Originated portfolio:
Residential real estate		4	$	275	$	298		3	$	208	$	208
Home equity		-		-		-		-		-		-
Commercial real estate		-		-		-		-		-		-
Commercial and industrial		1		91		161		-		-		-
Consumer		-		-		-		-		-		-
Total originated portfolio		5		366		459		3		208		208

Purchased portfolio:
Residential real estate		-		-		-		-		-		-
Commercial real estate		1		334		334		-		-		-
Total purchased portfolio		1		334		334		-		-		-
Total		6	$	700	$	793		3	$	208	$	208

The Company considers TDRs past due

days or more to be in payment default.

loans modified in a TDR in the last

twelve

months defaulted during the

three

and

six

months ended

December

31,

2016.

As of

December

31,

2016,

there were

further commitments to lend to borrowers associated with loans modified in a TDR.

ASC

310

Loans

The following tables present a summary of loans accounted for under ASC

310

that were acquired by the Company during the period indicated.

	Three Months Ended December 31, 2016			Three Months Ended December 31, 2015
	(Dollars in thousands)
Contractually required payments receivable	$	68,466		$	60,153
Nonaccretable difference		(977	)		(491	)
Cash flows expected to be collected		67,489			59,662
Accretable yield		(21,456	)		(23,807	)
Fair value of loans acquired	$	46,033		$	35,855

	Six Months Ended December 31, 2016			Six Months Ended December 31, 2015
	(Dollars in thousands)
Contractually required payments receivable	$	94,720		$	91,427
Nonaccretable difference		(3,494	)		(782	)
Cash flows expected to be collected		91,226			90,645
Accretable yield		(31,340	)		(31,334	)
Fair value of loans acquired	$	59,886		$	59,311

Certain of the loans accounted for under ASC

310

that were acquired by the Company are not accounted for using the income recognition model because the Company cannot reasonably estimate cash flows expected to be collected. These loans when acquired are placed on non-accrual. The carrying amounts of such loans are as follows.

	As of and for the Three Months Ended December 31, 2016		As of and for the Six Months Ended December 31, 2016
	(Dollars in thousands)
Loans acquired during the period	$	-	$	1,010
Loans at end of period		3,917		3,917

The following tables summarize the activity in the accretable yield for loans accounted for under ASC

310

30.

	Three Months Ended December 31, 2016			Three Months Ended December 31, 2015
	(Dollars in thousands)
Beginning balance	$	124,023		$	109,615
Acquisitions		21,456			23,807
Accretion		(4,656	)		(3,885	)
Reclassifications from non-accretable difference to accretable yield		973			2,764
Disposals and other changes		(13,373	)		(8,208	)
Ending balance	$	128,423		$	124,093

	Six Months Ended December 31, 2016			Six Months Ended December 31, 2015
	(Dollars in thousands)
Beginning balance	$	124,151		$	111,449
Acquisitions		31,340			31,334
Accretion		(9,308	)		(7,640	)
Reclassifications from non-accretable difference to accretable yield		1,131			3,041
Disposals and other changes		(18,891	)		(14,091	)
Ending balance	$	128,423		$	124,093

The following table provides information related to the unpaid principal balance and carrying amounts of ASC

310

loans.

	December 31, 2016 (1)		June 30, 2016 (1)
	(Dollars in thousands)
Unpaid principal balance	$	284,637	$	267,985
Carrying amount		252,040		237,054

(1)

Balances include loans held for sale of

$975

thousand at

December

31,

2016

and

June

30,

2016.

Note 5 - Transfers and Servicing of Financial Assets	6 Months Ended
Note 5 - Transfers and Servicing of Financial Assets	Dec. 31, 2016
Notes to Financial Statements
Transfers and Servicing of Financial Assets [Text Block]	5. Transfers and Servicing of Financial Assets The Company sells loans in the secondary market and for certain loans, retains the servicing responsibility. Consideration for the sale includes the cash received as well as the related servicing rights asset. The Company receives fees for the services provided. Capitalized servicing rights as of December 31, 2016 totaled $2.3 million, compared to $1.8 million as of June 30, 2016, included in other assets on the consolidated balance sheets. Mortgage loans sold in the quarter ended December 31, 2016 totaled $17.7 million, compared to $20.5 million in the quarter ended December 31, 2015. Mortgage loans sold in the six months ended December 31, 2016 totaled $42.7 million, compared to $49.4 million in the six months ended December 31, 2015. Mortgage loans serviced for others totaled $11.9 million at December 31, 2016 and $12.9 million at June 30, 2016. Additionally, the Company was servicing commercial loans participated out to various other institutions amounting to $33.3 million and $32.9 million at December 31, 2016 and June 30, 2016, respectively. SBA loans sold during the quarter ended December 31, 2016 totaled $17.5 million, compared to $7.5 million in the quarter December 31, 2015. SBA loans sold in the six months ended December 31, 2016 totaled $24.8 million, compared to $13.0 million in the six months ended December 31, 2015. SBA loans serviced for others totaled $121.0 million at December 31, 2016 and $83.8 million at June 30, 2016. Mortgage and SBA loans serviced for others are accounted for as sales and therefore are not included in the accompanying consolidated balance sheets. The risks inherent in mortgage servicing assets and SBA servicing assets relate primarily to changes in prepayments that result from shifts in interest rates. Contractually specified servicing fees were $248 thousand and $167 thousand for the quarters ended December 31, 2016 and 2015, respectively, and were included as a component of loan related fees within non-interest income. Contractually specified servicing fees were $408 thousand and $316 thousand for the six months ended December 31, 2016 and 2015, respectively. The significant assumptions used in the valuation for mortgage servicing rights as of December 31, 2016 included a weighted average discount rate of 7.8% and a weighted average prepayment speed assumption of 16.0%. For the SBA servicing rights, the significant assumptions used in the valuation included a range of discount rates from 8.8% to 13.9% and a weighted average prepayment speed assumption of 7.5%

- Definition

The entire disclosure for a transferor's continuing involvement in financial assets that it has transferred in a securitization or asset-backed financing arrangement, the nature of any restrictions on assets reported by an entity in its statement of financial position that relate to a transferred financial asset (including the carrying amounts of such assets), how servicing assets and servicing liabilities are reported, and (for securitization or asset-backed financing arrangements accounted for as sales) when a transferor has continuing involvement with the transferred financial assets and transfers of financial assets accounted for as secured borrowings, how the transfer of financial assets affects an entity's financial position, financial performance, and cash flows.

+ References + Details

Note 6 - Earnings Per Share (EPS)

6 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Earnings Per Share [Text Block]

Earnings Per Share (EPS)

EPS is computed by dividing net income allocated to common shareholders by the weighted average common shares outstanding (including participating securities). The Company’s only participating securities are unvested restricted stock awards that contain non-forfeitable rights to dividends. The following table shows the weighted average number of shares outstanding for the periods indicated. Shares issuable relative to stock options granted have been reflected as an increase in the shares outstanding used to calculate diluted EPS, after applying the treasury stock method. The number of shares outstanding for basic and diluted EPS is presented as follows:

	Three months Ended December 31,				Six months Ended December 31,
	2016		2015		2016		2015
	(Dollars in thousands, except share and per share data)

Net income	$	3,100	$	1,744	$	4,851	$	3,611

Weighted average shares used in calculation of basic EPS		8,831,235		9,559,369		8,968,690		9,560,913
Incremental shares from assumed exercise of dilutive securities		33,383		10,216		30,372		6,225
Weighted average shares used in calculation of diluted EPS		8,864,618		9,569,585		8,999,062		9,567,138

Basic earnings per common share	$	0.35	$	0.18	$	0.54	$	0.38
Diluted earnings per common share	$	0.35	$	0.18	$	0.54	$	0.38

For the

three

and

six

months ended

December

31,

2016

and

2015,

the following stock options were excluded from the calculation of diluted EPS due to the exercise price of these options exceeding the average market price of the Company’s common stock for the period. These options, which were not dilutive at that date,

may

potentially dilute EPS in the future.

	Three Months Ended December 31,				Six Months Ended December 31,
	2016		2015		2016		2015
Stock options		714,545		714,545		714,545		714,545

Note 7 - Derivatives and Hedging Activities

6 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Derivative Instruments and Hedging Activities Disclosure [Text Block]

Derivatives and Hedging Activities

The Company has stand-alone derivative financial instruments in the form of interest rate caps that derive their value from a fee paid and are adjusted to fair value based on index and strike rate, and swap agreements that derive their value from the underlying interest rate. These transactions involve both credit and market risk. The notional amounts are amounts on which calculations, payments and the value of the derivative are based. Notional amounts do not represent direct credit exposures. Direct credit exposure arises in the event of nonperformance by the counterparties to these agreements, and is limited to the net difference between the calculated amounts to be received and paid, if any. Such differences, which represent the fair value of the derivative instruments, are reflected on the Company's balance sheet as derivative assets and derivative liabilities. The Company controls the credit risk of its financial contracts through credit approvals, limits and monitoring procedures, and does not expect any counterparties to fail to meet their obligations.

The Company currently holds derivative instruments that contain credit-risk related features that are in a net liability position, which

may

require that collateral be assigned to dealer banks. At

December

31,

2016,

the Company had posted cash collateral totaling

$1.5

million with dealer banks related to derivative instruments in a net liability position.

The Company does not offset fair value amounts recognized for derivative instruments. The Company does not net the amount recognized for the right to reclaim cash collateral against the obligation to return cash collateral arising from derivative instruments executed with the same counterparty under a master netting arrangement.

Risk Management Policies—Derivative Instruments

The Company evaluates the effectiveness of entering into any derivative instrument agreement by measuring the cost of such an agreement in relation to the reduction in net income volatility within an assumed range of interest rates.

Interest Rate Risk Management—Cash Flow Hedging Instruments

The Company uses variable rate debt as a source of funds for use in the Company's lending and investment activities and other general business purposes. These debt obligations expose the Company to variability in interest payments due to changes in interest rates. If interest rates increase, interest expense increases. Conversely, if interest rates decrease, interest expense decreases. Management believes it is prudent to limit the variability of a portion of its interest payments and, therefore, generally hedges a portion of its variable-rate interest payments.

Information pertaining to outstanding interest rate caps and swap agreements used to hedge variable rate debt is as follows.

December 31, 2016
Notional Amount		Inception Date	Termination Date	Index	Receive Rate			Pay Rate			Strike Rate			Unrealized Loss			Fair Value			Balance Sheet Location
(Dollars in thousands)
Interest rate swaps:
$	5,000	July 2013	July 2033	3 Mo. LIBOR		0.98	%		3.38	%		n/a		$	(634	)	$	(634	)	Other Liabilities
	5,000	July 2013	July 2028	3 Mo. LIBOR		0.98	%		3.23	%		n/a			(451	)		(451	)	Other Liabilities
	5,000	July 2013	July 2023	3 Mo. LIBOR		0.98	%		2.77	%		n/a			(215	)		(215	)	Other Liabilities
Interest rate caps:
	6,000	October 2014	September 2019	3 Mo. LIBOR		n/a			n/a			2.50	%		(159	)		17		Other Assets
	10,000	March 2015	February 2020	3 Mo. LIBOR		n/a			n/a			2.50	%		(170	)		46		Other Assets
$	31,000													$	(1,629	)	$	(1,237	)

June 30, 2016
Notional Amount		Inception Date	Termination Date	Index	Receive Rate			Pay Rate			Strike Rate			Unrealized Loss			Fair V alue			Balance Sheet Location
(Dollars in thousands)
Interest rate swaps:
$	5,000	July 2013	July 2033	3 Mo. LIBOR		0.65	%		3.38	%		n/a		$	(1,352	)	$	(1,352	)	Other Liabilities
	5,000	July 2013	July 2028	3 Mo. LIBOR		0.65	%		3.23	%		n/a			(1,005	)		(1,005	)	Other Liabilities
	5,000	July 2013	July 2023	3 Mo. LIBOR		0.65	%		2.77	%		n/a			(560	)		(560	)	Other Liabilities
Interest rate caps:
	6,000	October 2014	September 2019	3 Mo. LIBOR		n/a			n/a			2.50	%		(167	)		10		Other Assets
	10,000	March 2015	February 2020	3 Mo. LIBOR		n/a			n/a			2.50	%		(192	)		25		Other Assets
$	31,000													$	(3,276	)	$	(2,882	)

During the

three

and

six

months ended

December

31,

2016

and

2015,

interest rate cap or swap agreements were terminated prior to maturity. Changes in the fair value of interest rate caps and swaps designated as hedging instruments of the variability of cash flows associated with variable rate debt are reported in other comprehensive income. These amounts subsequently are reclassified into interest expense as a yield adjustment in the same period in which the related interest on the debt affects earnings. Risk management results for the

three

and

six

months ended

December

31,

2016

and

2015

related to the balance sheet hedging of variable rate debt indicates that the hedges were effective.

- Definition

The entire disclosure for derivative instruments and hedging activities including, but not limited to, risk management strategies, non-hedging derivative instruments, assets, liabilities, revenue and expenses, and methodologies and assumptions used in determining the amounts.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 45
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=6441202&loc=d3e80720-113993

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624171-113959

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=64837297&loc=d3e41620-113959

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624163-113959

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5579240-113959

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
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-Paragraph 4D
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624177-113959

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=35736893&loc=d3e80784-113994

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
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-Paragraph 1A
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Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
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-Paragraph 4H
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624258-113959

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 30
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-URI http://asc.fasb.org/extlink&oid=35736893&loc=d3e80748-113994

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
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-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5708773-113959

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5618551-113959

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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Reference 18: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=64837297&loc=d3e41638-113959

Reference 19: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-SubTopic 10
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-Paragraph 1
-Subparagraph (SX 210.4-08.(n))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Note 8 - Other Comprehensive Income

6 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

Other Comprehensive Income

The components of other comprehensive income are as follows:

	Three Months Ended December 31,
	2016									2015
	Pre-tax			Tax Expense			After-tax			Pre-tax			Tax Expense			After-tax
	Amount			(Benefit)			Amount			Amount			(Benefit)			Amount
	(Dollars in thousands)
Change in net unrealized loss on available-for-sale securities	$	(1,336	)	$	(507	)	$	(829	)	$	(692	)	$	(263	)	$	(429	)
											-			-			-
Change in accumulated gain on effective cash flow hedges		1,486			566			920			284			108			176
Reclassification adjustment for net gains included in net income		8			3			5			-			-			-
Total derivatives and hedging activities		1,494			569			925			284			108			176
Total other comprehensive gain (loss)	$	158		$	62		$	96		$	(408	)		(155	)		(253	)

	Six Months Ended December 31,
	2016									2015
	Pre-tax			Tax Expense			After-tax			Pre-tax			Tax Expense			After-tax
	Amount			(Benefit)			Amount			Amount			(Benefit)			Amount
	(Dollars in thousands)
Change in net unrealized gain or loss on available-for-sale securities	$	(1,414	)	$	(537	)	$	(877	)	$	(226	)	$	(85	)	$	(141	)
											-			-			-
Change in accumulated loss on effective cash flow hedges		1,633			624			1,009			(554	)		(211	)		(343	)
Reclassification adjustment for net gains included in net income		14			5			9			-			-			-
Total derivatives and hedging activities		1,647			629			1,018			(554	)		(211	)		(343	)
Total other comprehensive gain (loss)	$	233		$	92		$	141		$	(780	)		(296	)		(484	)

Accumulated other comprehensive loss is comprised of the following:

	December 31, 2016			June 30, 2016
	(Dollars in thousands)
Unrealized loss on available-for-sale securities	$	(1,217	)	$	197
Tax effect		462			(75	)
Net-of-tax amount	$	(755	)	$	122
Unrealized loss on cash flow hedges	$	(1,629	)	$	(3,276	)
Tax effect		619			1,248
Net-of-tax amount	$	(1,010	)	$	(2,028	)
Accumulated other comprehensive loss	$	(1,765	)	$	(1,906	)

- Definition

The entire disclosure for comprehensive income, which includes, but is not limited to, 1) the amount of income tax expense or benefit allocated to each component of other comprehensive income, including reclassification adjustments, 2) the reclassification adjustments for each classification of other comprehensive income and 3) the ending accumulated balances for each component of comprehensive income.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e689-108580

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=66004124&loc=SL7669619-108580

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e640-108580

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 17
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e716-108580

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 16
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e709-108580

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 505
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.3-04)
-URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e637-108580

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14
-URI http://asc.fasb.org/extlink&oid=66004124&loc=d3e681-108580

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Reclassification Adjustments
-URI http://asc.fasb.org/extlink&oid=6522872

+ Details

Note 9 - Commitments and Contingencies

6 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Commitments and Contingencies Disclosure [Text Block]

Commitments and Contingencies

Commitments

The Company is a party to financial instruments with off-balance sheet risk in the normal course of business to meet the financing needs of its customers and to reduce its own exposure to fluctuations in interest rates. These financial instruments include commitments to extend credit, standby letters of credit, and commitments to fund investments. Those instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the consolidated balance sheets. The contract amounts of those instruments reflect the extent of involvement the Company has in particular classes of financial instruments.

The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit and standby letters of credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments.

Financial instruments with contract amounts which represent credit risk are as follows

	December 31, 2016		June 30, 2016
	(Dollars in thousands)
Commitments to grant loans	$	24,187	$	44,684
Unfunded commitments under lines of credit		76,317		58,412
Standby letters of credit		3,810		3,822
Commitment to fund investment		2,500		2,500

Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Commitments generally have fixed expiration dates or other termination clauses and

may

require payment of a fee. Since many of the commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s credit worthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation of the counter party. Collateral held varies but

may

include accounts receivable, inventory, property, plant and equipment, and income-producing commercial properties. The Company has recorded an allowance for possible losses on commitments and unfunded loans totaling

$63

thousand and

$81

thousand recorded in other liabilities at

December

31,

2016

and

June

30,

2016,

respectively.

The Company committed

$2.5

million to a fund that acquires CRA qualified investments in loans for the Company’s portfolio. The Fund Manager will call the funds from the Company when an investment is successfully acquired. Through the

three

and

six

months ended

December

31,

2016,

the fund has

not

called any funds from the Company.

Contingencies

The Company and its subsidiary are parties to litigation and claims arising in the normal course of business. Management believes that the liabilities, if any, arising from such litigation and claims will not be material to the Company’s consolidated financial position or results of operations.

Note 10 - Stock-based Compensation

6 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Disclosure of Compensation Related Costs, Share-based Payments [Text Block]

10 .	Stock-Based Compensation

A summary of restricted share activity for the

six

months ended

December

31,

2016

follows:

	Shares			Weighted Average Grant Date Fair Value


Unvested at beginning of period		251,859		$	9.93
Granted		160,000			11.20
Vested		-			-
Forfeited		(1,000	)		9.47
Unvested at end of period		410,859			10.43

A summary of the vesting schedule for the shares granted in the

six

months ended

December

31,

2016

follows:

●

15,000

restricted shares vest in full on

August

25,

2019;

●

50,000

restricted shares are subject to performance-based vesting over a

three

year period (the “performance shares”). The performance shares include an absolute metric and a sliding metric within the performance period. The absolute metric requires that the Company be in compliance with the regulatory commitments made to the Federal Reserve Bank and Maine Bureau of Financial Institutions. The sliding metric is based on reaching certain thresholds in regards to the company’s return on equity (“ROE”). The performance shares shall vest in certain defined increments for such periods if the ROE is at least

70%

of such targeted returns. This performance will be measured on both a year-by-year basis for

three

years, and an average basis over the

three

year performance period; and,

●

95,000

restricted shares vest in

three

equal installments, commencing on

August

25,

2019.

- Definition

The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details.

+ References + Details

Note 11 - Fair Value Measurements

6 Months Ended

Dec. 31, 2016

Notes to Financial Statements

Fair Value Disclosures [Text Block]

11.

Fair Value Measurements

Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction (that is, not a forced liquidation or distressed sale) between market participants at the measurement date under current market conditions. The Company uses prices and inputs that are current as of the measurement date, including during periods of market dislocation. In periods of market dislocation, the observability of prices and inputs

may

be reduced for many instruments. This condition could cause an instrument to be reclassified from

one

level to another. When market assumptions are not readily available, the Company’s own assumptions are set to reflect those that market participants would use in pricing the asset or liability at the measurement date. If there has been a significant decrease in the volume and level of activity for the asset or liability, regardless of the valuation technique(s) used, the objective of a fair value measurement remains the same.

ASC

820

defines fair value and establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level

measurements) and the lowest priority to unobservable inputs (Level

measurements). The

three

levels of the fair value hierarchy under ASC

820

are described below:

Level

— Inputs are quoted prices (unadjusted) in active markets for identical assets or liabilities that the reporting entity has the ability to access at the measurement date

Level

— Valuations based on significant observable inputs other than Level

prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data.

Level

— Prices or valuations that require inputs that are both significant to the fair value measurement and unobservable.

To the extent that valuation is based on models or inputs that are less observable or unobservable in the market, the determination of fair value requires more judgment. Accordingly, the degree of judgment exercised by the Company in determining fair value is greatest for instruments categorized in Level

A financial instrument’s level within the fair value hierarchy is based on the lowest level of any input that is significant to the fair value measurement

Valuation technique

s - There have been no changes in the valuation techniques used during the current period.

Transfers

- There were no transfers of assets and liabilities measured at fair value on a recurring or nonrecurring basis during the current period

Assets and Liabilities Measured at Fair Value on a Recurring Basis:

Available-for-sale securities

- Where quoted prices are available in an active market, securities are classified within Level

of the valuation hierarchy. Examples of such instruments include publicly-traded common and preferred stocks. If quoted prices are not available, then fair values are estimated by using pricing models (

i.e.

, matrix pricing) and market interest rates and credit assumptions or quoted prices of securities with similar characteristics and are classified within Level

of the valuation hierarchy. Examples of such instruments include government agency and government sponsored agency mortgage-backed securities, as well as certain preferred and trust preferred stocks. Level

securities are securities for which significant unobservable inputs are utilized.

Certain investments are measured at fair value using the net asset value per share as a practical expedient. The fund seeks to invest in securities either issued or guaranteed by the U.S. government or its agencies. The Company’s investments can be redeemed daily at the closing net asset value per share. In accordance with ASU

2015

07,

these investments have not been included in the fair value hierarchy.

Derivative financial instruments

- The valuation of the Company’s interest rate swaps and caps are determined using widely accepted valuation techniques including discounted cash flow analyses on the expected cash flows of derivatives. These analyses reflect the contractual terms of the derivatives, including the period to maturity, and use observable market-based inputs, including forward interest rate curves and implied volatilities. Unobservable inputs, such as credit valuation adjustments are insignificant to the overall valuation of the Company’s derivative financial instruments. Accordingly, the Company has determined that its interest rate derivatives fall within Level

of the fair value hierarchy.

The fair value of derivative loan commitments and forward loan sale agreements are estimated using the anticipated market price based on pricing indications provided from syndicate banks. These commitments and agreements are categorized as Level

The fair value of such instruments was nominal at each date presented

Assets and Liabilities Measured at Fair Value on a Nonrecurring Basis:

Collateral Dependent

Impaired Loans

- Valuations of impaired loans measured at fair value are determined by a review of collateral values. Certain inputs used in appraisals are not always observable, and therefore impaired loans are generally categorized as Level

within the fair value hierarchy.

Real Estate Owned and Other Repossessed collateral

- The fair values of real estate owned and other repossessed collateral are estimated based upon appraised values less estimated costs to sell. Certain inputs used in appraisals are not always observable, and therefore

may

be categorized as Level

within the fair value hierarchy. When inputs used in appraisals are primarily observable, they are classified as Level

Loan servicing rights—

The fair value of the SBA and mortgage servicing rights is based on a valuation model that calculates the present value of estimated future net servicing income. Adjustments are only recorded when the discounted cash flows derived from the valuation model are less than the carrying value of the asset. Certain inputs are not observable, and therefore loan servicing rights are generally categorized as Level

within the fair value hierarchy.

Fair Value of other Financial Instruments:

Cash and cash equivalents

- The fair value of cash, due from banks, interest bearing deposits and Federal Home Loan Bank of Boston (“FHLBB”) overnight deposits approximates their relative book values, as these financial instruments have short maturities.

FHL

B stock

- The carrying value of FHLBB stock approximates fair value based on redemption provisions of the FHLBB.

Loans

- Fair values are estimated for portfolios of loans with similar financial characteristics. The fair value of performing loans is calculated by discounting scheduled cash flows through the estimated maturity using estimated market discount rates that reflect the credit and interest rate risk inherent in the loan. The estimates of maturity are based on the Company’s historical experience with repayments for each loan classification, modified, as required, by an estimate of the effect of current economic conditions, lending conditions and the effects of estimated prepayments.

Loans held for sale

- The fair value of loans held-for-sale is estimated based on bid quotations received from loan dealers.

Interest receivable

- The fair value of this financial instrument approximates the book value as this financial instrument has a short maturity. It is the Company’s policy to stop accruing interest on loans past due by more than

days. Therefore, this financial instrument has been adjusted for estimated credit loss.

Deposits

- The fair value of deposits with no stated maturity, such as noninterest-bearing demand deposits, savings, NOW accounts and money market accounts, is equal to the amount payable on demand. The fair values of time deposits are based on the discounted value of contractual cash flows. The discount rate is estimated using the rates currently offered for deposits of similar remaining maturities. The fair value estimates do not include the benefit that results from the low-cost funding provided by the deposit liabilities compared to the cost of borrowing funds in the market. If that value were considered, the fair value of the Company’s net assets could increase

Borrowings

- The fair value of the Company’s borrowings with the FHLBB is estimated by discounting the cash flows through maturity or the next re-pricing date based on current rates available to the Company for borrowings with similar maturities. The fair value of the Company’s short-term borrowings, capital lease obligations, wholesale repurchase agreements and other borrowings is estimated by discounting the cash flows through maturity based on current rates available to the Company for borrowings with similar maturities

Off-Balance Sheet Credit-Related Instruments -

Fair values for off-balance-sheet, credit-related financial instruments are based on fees currently charged to enter into similar agreements, taking into account the remaining terms of the agreements and the counterparties’ credit standing. The fair value of such instruments was nominal at each date presented.

Assets and liabilities measured at fair value on a recurring basis are summarized below.

	December 31, 2016
	Total		Level 1		Level 2		Level 3
	(Dollars in thousands)
Assets
Securities available-for-sale:
U.S. Government agency securities	$	48,500	$	-	$	48,500	$	-
Agency mortgage-backed securities		37,000		-		37,000		-
Other investment measured at net asset value (1)		5,033		-		-		-
Other assets – interest rate caps		63		-		63		-
Liabilities
Other liabilities – interest rate swaps	$	1,300	$	-	$	1,300	$	-

	June 30, 2016
	Total		Level 1		Level 2		Level 3
	(Dollars in thousands)
Assets
Securities available-for-sale:
U.S. Government agency securities	$	52,046	$	-	$	52,046	$	-
Agency mortgage-backed securities		43,368		-		43,368		-
Other investment measured at net asset value (1)		5,158		-		-		-
Other assets – interest rate caps		35		-		35		-
Liabilities
Other liabilities – interest rate swap	$	2,917	$	-	$	2,917	$	-

(1)

In accordance with ASU

820

10,

certain investments that are measured at fair value using the net asset value per share (or its equivalent) as a practical expedient have not been classified in the fair value hierarchy. The fair value amount presented in the table are intended to permit reconciliation of the fair value amount to the consolidated financial statements.

Assets measured at fair value on a nonrecurring basis are summarized below.

	December 31, 2016
	Total		Level 1		Level 2		Level 3
	(Dollars in thousands)
Collateral dependent impaired loans	$	2,099	$	-	$	-	$	2,099
Real estate owned and other repossessed collateral		3,145		-		-		3,145
Loan servicing rights		2,342		-		-		2,342

	June 30, 2016
	Total		Level 1		Level 2		Level 3
	(Dollars in thousands)
Collateral dependent impaired loans	$	922	$	-	$	-	$	922
Real estate owned and other repossessed collateral		1,652		-		-		1,652
Loan servicing rights		1,771		-		-		1,771

The table below presents quantitative information about significant unobservable inputs (Level

for assets measured at fair value on a nonrecurring basis at the dates indicated.

	Fair Value
	December 31, 2016		June 30, 2016		Valuation Technique
	(Dollars in thousands)
Collateral dependent impaired loans	$	2,099	$	922	Appraisal of collateral (1)
Real estate owned and other repossessed collateral		3,145		1,652	Appraisal of collateral (1)
Loan servicing rights		2,342		1,771	Discounted cash flow (2)

(1)

Fair value is generally determined through independent appraisals of the underlying collateral. The Company

may

also use another available source of collateral assessment to determine a reasonable estimate of the fair value of the collateral. Appraisals

may

be adjusted by management for qualitative factors such as economic factors and estimated liquidation expenses. The range of these possible adjustments was

30%.

(2)

Fair value is determined using a discounted cash flow model. The unobservable inputs include anticipated rate of loan prepayments and discount rates. The range of prepayment assumptions used was

7.5%

16.0%.

For discount rates, the range was

7.8%

14.0%.

The following table presents the estimated fair value of the Company's financial instruments.

	Carrying		Fair Value Measurements at December 31, 2016
	Amount		Total		Level 1		Level 2		Level 3
	(Dollars in thousands)
Financial assets:
Cash and cash equivalents	$	112,196	$	112,196	$	112,196	$	-	$	-
Available-for-sale securities		85,500		85,500		-		85,500		-
Other investment measured at net asset value (1)		5,033		5,033		-		-		-
Federal Home Loan Bank stock		1,938		1,938		-		1,938		-
Loans held for sale		8,979		8,979		-		8,979		-
Loans, net		763,831		769,998		-		-		769,998
Accrued interest receivable		1,722		1,722		-		1,722		-
Interest rate caps		63		63		-		63		-

Financial liabilities:
Deposits		839,571		840,073		-		840,073		-
FHLBB advances		20,024		20,143		-		20,143		-
Capital lease obligation		1,003		1,059		-		1,059		-
Subordinated debentures		23,469		25,285		-		-		25,285
Interest rate swaps		1,300		1,300		-		1,300		-

	Carrying		Fair Value Measurements at June 30, 2016
	Amount		Total		Level 1		Level 2		Level 3
	(Dollars in thousands)
Financial assets:
Cash and cash equivalents	$	151,157	$	151,157	$	151,157	$	-	$	-
Available-for-sale securities		95,414		95,414		-		95,414		-
Other investment measured at net asset value (1)		5,158		5,158		-		-		-
Federal Home Loan Bank stock		2,408		2,408		-		2,408		-
Loans held for sale		7,519		7,519		-		7,519		-
Loans, net		690,086		695,830		-		-		695,830
Accrued interest receivable		1,579		1,579		-		1,579		-
Interest rate caps		35		35		-		35		-

Financial liabilities:
Deposits		800,432		801,045		-		801,045		-
FHLBB advances		30,075		30,396		-		30,396		-
Capital lease obligation		1,128		1,219		-		1,219		-
Subordinated debentures		23,331		25,664		-		-		25,664
Interest rate swaps		2,917		2,917		-		2,917		-

(1)

In accordance with ASU

820

10,

certain investments that are measured at fair value using the net asset value per share (or its equivalent) as a practical expedient

have not been classified in the fair value hierarchy. The fair value amount presented in the table are intended to permit reconciliation of the fair value amount

to the consolidated financial statements.

- Definition

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Note 3 - Securities Available-for-sale (Tables)

6 Months Ended

Dec. 31, 2016

Notes Tables

Schedule of Available-for-sale Securities Reconciliation [Table Text Block]

	December 31, 2016
	Amortized		Gross Unrealized		Gross Unrealized			Fair
	Cost		Gains		Losses			Value
	(Dollars in thousands)
U.S. Government agency securities	$	48,711	$	5	$	(216	)	$	48,500
Agency mortgage-backed securities		37,882		-		(882	)		37,000
Other investment measured at net asset value		5,157		-		(124	)		5,033
	$	91,750	$	5	$	(1,222	)	$	90,533

	June 30, 2016
	Amortized		Gross Unrealized		Gross Unrealized			Fair
	Cost		Gains		Losses			Value
	(Dollars in thousands)
U.S. Government agency securities	$	51,948	$	98	$	-		$	52,046
Agency mortgage-backed securities		43,330		90		(52	)		43,368
Other investment measured at net asset value		5,097		61		-			5,158
	$	100,375	$	249	$	(52	)	$	100,572

Schedule of Unrealized Loss on Investments [Table Text Block]

	December 31, 2016
	Less than 12 Months					More than 12 Months					Total
	Fair		Unrealized			Fair		Unrealized			Fair		Unrealized
	Value		Losses			Value		Losses			Value		Losses
	(Dollars in thousands)
U.S. Government agency securities	$	42,493	$	(216	)	$	-	$	-		$	42,493	$	(216	)
Agency mortgage-backed securities		22,574		(375	)		14,425		(507	)		36,999		(882	)
Other investment measured at net asset value		5,033		(124	)		-		-			5,033		(124	)
	$	70,100	$	(715	)	$	14,425	$	(507	)	$	84,525	$	(1,222	)

	June 30, 2016
	Less than 12 Months				More than 12 Months					Total
	Fair		Unrealized		Fair		Unrealized			Fair		Unrealized
	Value		Losses		Value		Losses			Value		Losses
	(Dollars in thousands)
U.S. Government agency securities	$	-	$	-	$	-	$	-		$	-	$	-
Agency mortgage-backed securities		-		-		25,350		(52	)		25,350		(52	)
Other investment measured at net asset value		-		-		-		-			-		-
	$	-	$	-	$	25,350	$	(52	)	$	25,350	$	(52	)

Investments Classified by Contractual Maturity Date [Table Text Block]

	Amortized		Fair
	Cost		Value
	(Dollars in thousands)
Due within one year	$	9,230	$	9,224
Due after one year through five years		39,481		39,277
Due after five years through ten years		16,669		16,491
Due after ten years		21,213		20,508
Total	$	86,593	$	85,500

Note 4 - Loans, Allowance for Loan Losses and Credit Quality (Tables)

6 Months Ended

Dec. 31, 2016

Notes Tables

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

	December 31, 2016						June 30, 2016
	Originated		Purchased		Total		Originated		Purchased		Total
	(Dollars in thousands)
Residential real estate	$	87,900	$	3,085	$	90,985	$	93,391	$	2,559	$	95,950
Home equity		15,964		-		15,964		18,012		-		18,012
Commercial real estate		253,601		249,847		503,448		189,616		236,952		426,568
Commercial and industrial		150,087		1,141		151,228		145,758		198		145,956
Consumer		5,313		-		5,313		5,950		-		5,950
Total loans	$	512,865	$	254,073	$	766,938	$	452,727	$	239,709	$	692,436

Past Due Financing Receivables [Table Text Block]

	December 31, 2016
	30-59 Days		60-89 Days		Past Due 90 Days or More-Still Accruing		Past Due 90 Days or More- Nonaccrual		Total Past Due		Total Current		Total Loans		Non- Accrual Loans
	(Dollars in thousands)
Originated portfolio:
Residential real estate	$	1,052	$	823	$	-	$	1,596	$	3,471	$	84,429	$	87,900	$	2,827
Home equity		-		-		-		48		48		15,916		15,964		48
Commercial real estate		882		522		-		137		1,541		252,060		253,601		396
Commercial and industrial		48		-		-		677		725		149,362		150,087		2,659
Consumer		128		28		-		19		175		5,138		5,313		48
Total originated portfolio		2,110		1,373		-		2,477		5,960		506,905		512,865		5,978
Purchased portfolio:
Residential real estate		1		-		-		-		1		3,084		3,085		1,066
Commercial and industrial		219		56		-		35		310		831		1,141		98
Commercial real estate		12,150		713		-		2,721		15,584		234,263		249,847		3,055
Total purchased portfolio		12,370		769		-		2,756		15,895		238,178		254,073		4,219
Total loans	$	14,480	$	2,142	$	-	$	5,233	$	21,855	$	745,083	$	766,938	$	10,197

	June 30, 2016
	30-59 Days		60-89 Days		Past Due 90 Days or More-Still Accruing		Past Due 90 Days or More- Nonaccrual		Total Past Due		Total Current		Total Loans		Non- Accrual Loans
	(Dollars in thousands)
Originated portfolio:
Residential real estate	$	302	$	910	$	-	$	1,555	$	2,767	$	90,624	$	93,391	$	2,613
Home equity		146		-		-		48		194		17,818		18,012		48
Commercial real estate		132		-		-		188		320		189,296		189,616		474
Commercial and industrial		-		-		-		15		15		145,743		145,758		17
Consumer		73		56		-		74		203		5,747		5,950		163
Total originated portfolio		653		966		-		1,880		3,499		449,228		452,727		3,315
Purchased portfolio:
Residential real estate		-		-		-		-		-		2,559		2,559		1,125
Commercial and industrial		-		-		-		-		-		198		198		-
Commercial real estate		-		19		-		3,387		3,406		233,546		236,952		3,387
Total purchased portfolio		-		19		-		3,387		3,406		236,303		239,709		4,512
Total loans	$	653	$	985	$	-	$	5,267	$	6,905	$	685,531	$	692,436	$	7,827

Allowance for Credit Losses on Financing Receivables [Table Text Block]

	Three Months Ended December 31, 2016
	Residential Real Estate		Commercial Real Estate			Commercial and Industrial		Consumer			Purchased		Unallocated		Total
	(Dollars in thousands)
Beginning balance	$	541	$	1,421		$	318	$	68		$	158	$	-	$	2,506
Provision		6		351			207		40			24		-		628
Recoveries		27		19			6		21			-		-		73
Charge-offs		-		(41	)		-		(59	)		-		-		(100	)
Ending balance	$	574	$	1,750		$	531	$	70		$	182	$	-	$	3,107

	Three Months Ended December 31, 2015
	Residential Real Estate			Commercial Real Estate			Commercial and Industrial			Consumer			Purchased			Unallocated			Total
	(Dollars in thousands)
Beginning balance	$	732		$	733		$	134		$	46		$	364		$	56		$	2,065
Provision		147			125			42			(6	)		644			(56	)		896
Recoveries		1			-			4			3			-			-			8
Charge-offs		(19	)		(14	)		(1	)		(7	)		(799	)		-			(840	)
Ending balance	$	861		$	844		$	179		$	36		$	209		$	-		$	2,129

	Six Months Ended December 31, 2016
	Residential Real Estate			Commercial Real Estate			Commercial and Industrial			Consumer			Purchased		Unallocated		Total
	(Dollars in thousands)
Beginning balance	$	663		$	1,195		$	297		$	62		$	133	$	-	$	2,350
Provision		(93	)		577			224			63			49		-		820
Recoveries		29			19			11			32			-		-		91
Charge-offs		(25	)		(41	)		(1	)		(87	)		-		-		(154	)
Ending balance	$	574		$	1,750		$	531		$	70		$	182	$	-	$	3,107

	Six Months Ended December 31, 2015
	Residential Real Estate			Commercial Real Estate			Commercial and Industrial			Consumer			Purchased			Unallocated			Total
	(Dollars in thousands)
Beginning balance	$	741		$	694		$	117		$	35		$	283		$	56		$	1,926
Provision		126			187			58			25			725			(56	)		1,065
Recoveries		13			5			5			5			-			-			28
Charge-offs		(19	)		(42	)		(1	)		(29	)		(799	)		-			(890	)
Ending balance	$	861		$	844		$	179		$	36		$	209		$	-		$	2,129

Schedule of Allowance for Loan Losses by Portfolio Segment and Impairment Methodology [Table Text Block]

	December 31, 2016
	Residential Real Estate		Commercial Real Estate		Commercial and Industrial		Consumer		Purchased		Unallocated		Total
	(Dollars in thousands)
Allowance for loan losses:
Individually evaluated	$	366	$	64	$	164	$	6	$	-	$	-	$	600
Collectively evaluated		208		1,686		367		64		-		-		2,325
ASC 310-30		-		-		-		-		182		-		182
Total	$	574	$	1,750	$	531	$	70	$	182	$	-	$	3,107

Loans:
Individually evaluated	$	5,573	$	1,594	$	2,820	$	254	$	-	$	-	$	10,241
Collectively evaluated		98,291		252,007		147,267		5,059		-		-		502,624
ASC 310-30		-		-		-		-		254,073		-		254,073
Total	$	103,864	$	253,601	$	150,087	$	5,313	$	254,073	$	-	$	766,938

	June 30, 2016
	Residential Real Estate		Commercial Real Estate		Commercial and Industrial		Consumer		Purchased		Unallocated		Total
	(Dollars in thousands)
Allowance for loan losses:
Individually evaluated	$	386	$	59	$	2	$	23	$	-	$	-	$	470
Collectively evaluated		277		1,136		295		39		-		-		1,747
ASC 310-30		-		-		-		-		133		-		133
Total	$	663	$	1,195	$	297	$	62	$	133	$	-	$	2,350

Loans:
Individually evaluated	$	5,039	$	1,686	$	17	$	362	$	-	$	-	$	7,104
Collectively evaluated		106,364		187,930		145,741		5,588		-		-		445,623
ASC 310-30		-		-		-		-		239,709		-		239,709
Total	$	111,403	$	189,616	$	145,758	$	5,950	$	239,709	$	-	$	692,436

Impaired Financing Receivables [Table Text Block]

	December 31, 2016						June 30, 2016
			Unpaid						Unpaid
	Recorded		Principal		Related		Recorded		Principal		Related
	Investment		Balance		Allowance		Investment		Balance		Allowance
	(Dollars in thousands)
Impaired loans without a valuation allowance:
Originated:
Residential real estate	$	3,191	$	3,264	$	-	$	3,192	$	3,299	$	-
Consumer		171		179		-		257		282		-
Commercial real estate		487		489		-		451		453		-
Commercial and industrial		1,815		1,815		-		15		15		-
Purchased:
Residential real estate		1,066		1,108		-		1,125		1,125		-
Commercial real estate		4,513		6,049		-		4,574		4,886		-
Commercial and industrial		16		34		-		-		-		-
Total		11,259		12,938		-		9,614		10,060		-

Impaired loans with a valuation allowance:
Originated:
Residential real estate		2,382		2,340		366		1,847		1,802		386
Consumer		83		92		6		105		112		23
Commercial real estate		1,107		1,098		64		1,235		1,223		59
Commercial and industrial		1,005		1,005		164		2		2		2
Purchased:
Commercial real estate		1,272		1,660		100		1,484		1,812		66
Commercial and industrial		56		322		57		-		-		-
Total		5,905		6,517		757		4,673		4,951		536
Total impaired loans	$	17,164	$	19,455	$	757	$	14,287	$	15,011	$	536

	Three Months Ended December 31,
	2016				2015
	Average		Interest		Average		Interest
	Recorded		Income		Recorded		Income
	Investment		Recognized		Investment		Recognized
	(Dollars in thousands)
Impaired loans without a valuation allowance:
Originated:
Residential real estate	$	3,730	$	62	$	3,157	$	37
Consumer		200		8		354		8
Commercial real estate		466		15		885		7
Commercial and industrial		1,080		33		2		-
Purchased:
Residential real estate		1,087		-		-		-
Commercial real estate		4,705		47		6,844		50
Commercial and industrial		32		-		-		-
Total		11,300		165		11,242		102

Impaired loans with a valuation allowance:
Originated:
Residential real estate		1,952		73		1,968		22
Consumer		93		2		44		1
Commercial real estate		1,115		31		930		19
Commercial and industrial		504		12		-		-
Purchased:
Commercial real estate		1,423		7		1,481		3
Commercial and industrial		28		2		-		-
Total		5,115		127		4,423		45
Total impaired loans	$	16,415	$	292	$	15,665	$	147

	Six Months Ended December 31,
	2016				2015
	Average		Interest		Average		Interest
	Recorded		Income		Recorded		Income
	Investment		Recognized		Investment		Recognized
	(Dollars in thousands)
Impaired loans without a valuation allowance:
Originated:
Residential real estate	$	3,550	$	111	$	2,613	$	76
Consumer		219		11		316		13
Commercial real estate		461		23		1,190		14
Commercial and industrial		725		36		2		-
Purchased:
Residential real estate		1,100		3		-		-
Commercial real estate		4,661		99		6,674		64
Commercial and industrial		21		-		-		-
Total		10,737		283		10,795		167

Impaired loans with a valuation allowance:
Originated:
Residential real estate		1,917		89		2,024		45
Consumer		97		4		20		2
Commercial real estate		1,155		49		883		31
Commercial and industrial		336		12		-		-
Purchased:
Commercial real estate		1,443		24		713		39
Commercial and industrial		19		2		-		-
Total		4,967		180		3,640		117
Total impaired loans	$	15,704	$	463	$	14,435	$	284

Financing Receivable Credit Quality Indicators [Table Text Block]

	December 31, 2016
	Originated Portfolio
	Commercial		Commercial				Purchased
	Real Estate		and Industrial		Residential (1)		Portfolio		Total
	(Dollars in thousands)
Loans rated 1- 6	$	249,552	$	148,674	$	8,226	$	243,364	$	649,816
Loans rated 7		3,230		560		495		7,147		11,432
Loans rated 8		819		853		508		3,562		5,742
Loans rated 9		-		-		23		-		23
Loans rated 10		-		-		-		-		-
	$	253,601	$	150,087	$	9,252	$	254,073	$	667,013

	June 30, 2016
	Originated Portfolio
	Commercial		Commercial				Purchased
	Real Estate		and Industrial		Residential (1)		Portfolio		Total
	(Dollars in thousands)
Loans rated 1- 6	$	186,165	$	142,451	$	7,659	$	227,895	$	564,170
Loans rated 7		2,493		3,290		431		7,147		13,361
Loans rated 8		958		17		537		4,667		6,179
Loans rated 9		-		-		23		-		23
Loans rated 10		-		-		-		-		-
	$	189,616	$	145,758	$	8,650	$	239,709	$	583,733

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	Three Months Ended December 31,								Six Months Ended December 31,
	2016				2015				2016				2015
	Number of Contracts		Recorded Investment		Number of Contracts		Recorded Investment		Number of Contracts		Recorded Investment		Number of Contracts		Recorded Investment
	(Dollars in thousands)
Extended maturity		1	$	154		-	$	-		1	$	154		-	$	-
Adjusted interest rate		2		135		-		-		3		144		-		-
Rate and maturity		-		-		3		208		1		334		3		208
Principal deferment		1		161		-		-		1		161		-		-
Court ordered concession		-		-		-		-		-		-		-		-
		4	$	450		3	$	208		6	$	793		3	$	208

Troubled Debt Restructurings On Financing Receivables Recorded Investment [Table Text Block]

	Three Months Ended December 31,
	2016						2015
	Number of Contracts		Recorded Investment Pre-Modification		Recorded Investment Post-Modification		Number of Contracts		Recorded Investment Pre-Modification		Recorded Investment Post-Modification
	(Dollars in thousands)
Originated portfolio:
Residential real estate		3	$	266	$	289		3	$	208	$	208
Home equity		-		-		-		-		-		-
Commercial real estate		-		-		-		-		-		-
Commercial and industrial		1		91		161		-		-		-
Consumer		-		-		-		-		-		-
Total originated portfolio		4		357		450		3		208		208

Purchased portfolio:
Residential real estate		-		-		-		-		-		-
Commercial real estate		-		-		-		-		-		-
Total purchased portfolio		-		-		-		-		-		-
Total		4	$	357	$	450		3	$	208	$	208

	Six Months Ended December 31,
	2016						2015
	Number of Contracts		Recorded Investment Pre-Modification		Recorded Investment Post-Modification		Number of Contracts		Recorded Investment Pre-Modification		Recorded Investment Post-Modification
	(Dollars in thousands)
Originated portfolio:
Residential real estate		4	$	275	$	298		3	$	208	$	208
Home equity		-		-		-		-		-		-
Commercial real estate		-		-		-		-		-		-
Commercial and industrial		1		91		161		-		-		-
Consumer		-		-		-		-		-		-
Total originated portfolio		5		366		459		3		208		208

Purchased portfolio:
Residential real estate		-		-		-		-		-		-
Commercial real estate		1		334		334		-		-		-
Total purchased portfolio		1		334		334		-		-		-
Total		6	$	700	$	793		3	$	208	$	208

Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Table Text Block]

	Three Months Ended December 31, 2016			Three Months Ended December 31, 2015
	(Dollars in thousands)
Contractually required payments receivable	$	68,466		$	60,153
Nonaccretable difference		(977	)		(491	)
Cash flows expected to be collected		67,489			59,662
Accretable yield		(21,456	)		(23,807	)
Fair value of loans acquired	$	46,033		$	35,855

	Six Months Ended December 31, 2016			Six Months Ended December 31, 2015
	(Dollars in thousands)
Contractually required payments receivable	$	94,720		$	91,427
Nonaccretable difference		(3,494	)		(782	)
Cash flows expected to be collected		91,226			90,645
Accretable yield		(31,340	)		(31,334	)
Fair value of loans acquired	$	59,886		$	59,311

	Three Months Ended December 31, 2016			Three Months Ended December 31, 2015
	(Dollars in thousands)
Beginning balance	$	124,023		$	109,615
Acquisitions		21,456			23,807
Accretion		(4,656	)		(3,885	)
Reclassifications from non-accretable difference to accretable yield		973			2,764
Disposals and other changes		(13,373	)		(8,208	)
Ending balance	$	128,423		$	124,093

	Six Months Ended December 31, 2016			Six Months Ended December 31, 2015
	(Dollars in thousands)
Beginning balance	$	124,151		$	111,449
Acquisitions		31,340			31,334
Accretion		(9,308	)		(7,640	)
Reclassifications from non-accretable difference to accretable yield		1,131			3,041
Disposals and other changes		(18,891	)		(14,091	)
Ending balance	$	128,423		$	124,093

Certain Loans Acquired Icome Recognition Model As Debt Securities Acquired During Period in Transfer Not Accounted for Using [Table Text Block]

	As of and for the Three Months Ended December 31, 2016		As of and for the Six Months Ended December 31, 2016
	(Dollars in thousands)
Loans acquired during the period	$	-	$	1,010
Loans at end of period		3,917		3,917

Schedule of Credit Impaired Loans [Table Text Block]

	December 31, 2016 (1)		June 30, 2016 (1)
	(Dollars in thousands)
Unpaid principal balance	$	284,637	$	267,985
Carrying amount		252,040		237,054

Note 6 - Earnings Per Share (EPS) (Tables)

6 Months Ended

Dec. 31, 2016

Notes Tables

Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

	Three months Ended December 31,				Six months Ended December 31,
	2016		2015		2016		2015
	(Dollars in thousands, except share and per share data)

Net income	$	3,100	$	1,744	$	4,851	$	3,611

Weighted average shares used in calculation of basic EPS		8,831,235		9,559,369		8,968,690		9,560,913
Incremental shares from assumed exercise of dilutive securities		33,383		10,216		30,372		6,225
Weighted average shares used in calculation of diluted EPS		8,864,618		9,569,585		8,999,062		9,567,138

Basic earnings per common share	$	0.35	$	0.18	$	0.54	$	0.38
Diluted earnings per common share	$	0.35	$	0.18	$	0.54	$	0.38

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]

	Three Months Ended December 31,				Six Months Ended December 31,
	2016		2015		2016		2015
Stock options		714,545		714,545		714,545		714,545

Note 7 - Derivatives and Hedging Activities (Tables)

6 Months Ended

Dec. 31, 2016

Notes Tables

Schedule of Derivative Instruments [Table Text Block]

December 31, 2016
Notional Amount		Inception Date	Termination Date	Index	Receive Rate			Pay Rate			Strike Rate			Unrealized Loss			Fair Value			Balance Sheet Location
(Dollars in thousands)
Interest rate swaps:
$	5,000	July 2013	July 2033	3 Mo. LIBOR		0.98	%		3.38	%		n/a		$	(634	)	$	(634	)	Other Liabilities
	5,000	July 2013	July 2028	3 Mo. LIBOR		0.98	%		3.23	%		n/a			(451	)		(451	)	Other Liabilities
	5,000	July 2013	July 2023	3 Mo. LIBOR		0.98	%		2.77	%		n/a			(215	)		(215	)	Other Liabilities
Interest rate caps:
	6,000	October 2014	September 2019	3 Mo. LIBOR		n/a			n/a			2.50	%		(159	)		17		Other Assets
	10,000	March 2015	February 2020	3 Mo. LIBOR		n/a			n/a			2.50	%		(170	)		46		Other Assets
$	31,000													$	(1,629	)	$	(1,237	)

June 30, 2016
Notional Amount		Inception Date	Termination Date	Index	Receive Rate			Pay Rate			Strike Rate			Unrealized Loss			Fair V alue			Balance Sheet Location
(Dollars in thousands)
Interest rate swaps:
$	5,000	July 2013	July 2033	3 Mo. LIBOR		0.65	%		3.38	%		n/a		$	(1,352	)	$	(1,352	)	Other Liabilities
	5,000	July 2013	July 2028	3 Mo. LIBOR		0.65	%		3.23	%		n/a			(1,005	)		(1,005	)	Other Liabilities
	5,000	July 2013	July 2023	3 Mo. LIBOR		0.65	%		2.77	%		n/a			(560	)		(560	)	Other Liabilities
Interest rate caps:
	6,000	October 2014	September 2019	3 Mo. LIBOR		n/a			n/a			2.50	%		(167	)		10		Other Assets
	10,000	March 2015	February 2020	3 Mo. LIBOR		n/a			n/a			2.50	%		(192	)		25		Other Assets
$	31,000													$	(3,276	)	$	(2,882	)

- Definition

Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=64837297&loc=d3e41641-113959

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4B
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624163-113959

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 8
-URI http://asc.fasb.org/extlink&oid=64837297&loc=d3e41678-113959

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=64837297&loc=d3e41638-113959

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5580258-113959

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5579245-113959

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 4C
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624171-113959

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5579240-113959

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 815
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=64837297&loc=d3e41620-113959

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08.(n)(2))
-URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690

+ Details

Note 8 - Other Comprehensive Income (Tables)

6 Months Ended

Dec. 31, 2016

Notes Tables

Comprehensive Income (Loss) [Table Text Block]

	Three Months Ended December 31,
	2016									2015
	Pre-tax			Tax Expense			After-tax			Pre-tax			Tax Expense			After-tax
	Amount			(Benefit)			Amount			Amount			(Benefit)			Amount
	(Dollars in thousands)
Change in net unrealized loss on available-for-sale securities	$	(1,336	)	$	(507	)	$	(829	)	$	(692	)	$	(263	)	$	(429	)
											-			-			-
Change in accumulated gain on effective cash flow hedges		1,486			566			920			284			108			176
Reclassification adjustment for net gains included in net income		8			3			5			-			-			-
Total derivatives and hedging activities		1,494			569			925			284			108			176
Total other comprehensive gain (loss)	$	158		$	62		$	96		$	(408	)		(155	)		(253	)

	Six Months Ended December 31,
	2016									2015
	Pre-tax			Tax Expense			After-tax			Pre-tax			Tax Expense			After-tax
	Amount			(Benefit)			Amount			Amount			(Benefit)			Amount
	(Dollars in thousands)
Change in net unrealized gain or loss on available-for-sale securities	$	(1,414	)	$	(537	)	$	(877	)	$	(226	)	$	(85	)	$	(141	)
											-			-			-
Change in accumulated loss on effective cash flow hedges		1,633			624			1,009			(554	)		(211	)		(343	)
Reclassification adjustment for net gains included in net income		14			5			9			-			-			-
Total derivatives and hedging activities		1,647			629			1,018			(554	)		(211	)		(343	)
Total other comprehensive gain (loss)	$	233		$	92		$	141		$	(780	)		(296	)		(484	)

Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]

	December 31, 2016			June 30, 2016
	(Dollars in thousands)
Unrealized loss on available-for-sale securities	$	(1,217	)	$	197
Tax effect		462			(75	)
Net-of-tax amount	$	(755	)	$	122
Unrealized loss on cash flow hedges	$	(1,629	)	$	(3,276	)
Tax effect		619			1,248
Net-of-tax amount	$	(1,010	)	$	(2,028	)
Accumulated other comprehensive loss	$	(1,765	)	$	(1,906	)

Note 9 - Commitments and Contingencies (Tables)

6 Months Ended

Dec. 31, 2016

Notes Tables

Schedule of Fair Value, Off-balance Sheet Risks [Table Text Block]

	December 31, 2016		June 30, 2016
	(Dollars in thousands)
Commitments to grant loans	$	24,187	$	44,684
Unfunded commitments under lines of credit		76,317		58,412
Standby letters of credit		3,810		3,822
Commitment to fund investment		2,500		2,500

Note 10 - Stock-based Compensation (Tables)

6 Months Ended

Dec. 31, 2016

Notes Tables

Schedule of Unvested Restricted Stock Units Roll Forward [Table Text Block]

	Shares			Weighted Average Grant Date Fair Value


Unvested at beginning of period		251,859		$	9.93
Granted		160,000			11.20
Vested		-			-
Forfeited		(1,000	)		9.47
Unvested at end of period		410,859			10.43

Note 11 - Fair Value Measurements (Tables)

6 Months Ended

Dec. 31, 2016

Notes Tables

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

	December 31, 2016
	Total		Level 1		Level 2		Level 3
	(Dollars in thousands)
Assets
Securities available-for-sale:
U.S. Government agency securities	$	48,500	$	-	$	48,500	$	-
Agency mortgage-backed securities		37,000		-		37,000		-
Other investment measured at net asset value (1)		5,033		-		-		-
Other assets – interest rate caps		63		-		63		-
Liabilities
Other liabilities – interest rate swaps	$	1,300	$	-	$	1,300	$	-

	June 30, 2016
	Total		Level 1		Level 2		Level 3
	(Dollars in thousands)
Assets
Securities available-for-sale:
U.S. Government agency securities	$	52,046	$	-	$	52,046	$	-
Agency mortgage-backed securities		43,368		-		43,368		-
Other investment measured at net asset value (1)		5,158		-		-		-
Other assets – interest rate caps		35		-		35		-
Liabilities
Other liabilities – interest rate swap	$	2,917	$	-	$	2,917	$	-

Fair Value Measurements, Nonrecurring [Table Text Block]

	December 31, 2016
	Total		Level 1		Level 2		Level 3
	(Dollars in thousands)
Collateral dependent impaired loans	$	2,099	$	-	$	-	$	2,099
Real estate owned and other repossessed collateral		3,145		-		-		3,145
Loan servicing rights		2,342		-		-		2,342

	June 30, 2016
	Total		Level 1		Level 2		Level 3
	(Dollars in thousands)
Collateral dependent impaired loans	$	922	$	-	$	-	$	922
Real estate owned and other repossessed collateral		1,652		-		-		1,652
Loan servicing rights		1,771		-		-		1,771

Fair Value Inputs, Assets, Quantitative Information [Table Text Block]

	Fair Value
	December 31, 2016		June 30, 2016		Valuation Technique
	(Dollars in thousands)
Collateral dependent impaired loans	$	2,099	$	922	Appraisal of collateral (1)
Real estate owned and other repossessed collateral		3,145		1,652	Appraisal of collateral (1)
Loan servicing rights		2,342		1,771	Discounted cash flow (2)

Fair Value, by Balance Sheet Grouping [Table Text Block]

	Carrying		Fair Value Measurements at December 31, 2016
	Amount		Total		Level 1		Level 2		Level 3
	(Dollars in thousands)
Financial assets:
Cash and cash equivalents	$	112,196	$	112,196	$	112,196	$	-	$	-
Available-for-sale securities		85,500		85,500		-		85,500		-
Other investment measured at net asset value (1)		5,033		5,033		-		-		-
Federal Home Loan Bank stock		1,938		1,938		-		1,938		-
Loans held for sale		8,979		8,979		-		8,979		-
Loans, net		763,831		769,998		-		-		769,998
Accrued interest receivable		1,722		1,722		-		1,722		-
Interest rate caps		63		63		-		63		-

Financial liabilities:
Deposits		839,571		840,073		-		840,073		-
FHLBB advances		20,024		20,143		-		20,143		-
Capital lease obligation		1,003		1,059		-		1,059		-
Subordinated debentures		23,469		25,285		-		-		25,285
Interest rate swaps		1,300		1,300		-		1,300		-

	Carrying		Fair Value Measurements at June 30, 2016
	Amount		Total		Level 1		Level 2		Level 3
	(Dollars in thousands)
Financial assets:
Cash and cash equivalents	$	151,157	$	151,157	$	151,157	$	-	$	-
Available-for-sale securities		95,414		95,414		-		95,414		-
Other investment measured at net asset value (1)		5,158		5,158		-		-		-
Federal Home Loan Bank stock		2,408		2,408		-		2,408		-
Loans held for sale		7,519		7,519		-		7,519		-
Loans, net		690,086		695,830		-		-		695,830
Accrued interest receivable		1,579		1,579		-		1,579		-
Interest rate caps		35		35		-		35		-

Financial liabilities:
Deposits		800,432		801,045		-		801,045		-
FHLBB advances		30,075		30,396		-		30,396		-
Capital lease obligation		1,128		1,219		-		1,219		-
Subordinated debentures		23,331		25,664		-		-		25,664
Interest rate swaps		2,917		2,917		-		2,917		-

Note 3 - Securities Available-for-sale (Details Textual) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016 USD ($)	Dec. 31, 2015 USD ($)	Dec. 31, 2016 USD ($)	Dec. 31, 2015 USD ($)
Proceeds from Sale of Available-for-sale Securities	$ 0	$ 0	$ 0	$ 0
Available-for-sale Securities Pledged as Collateral	0		0
Other than Temporary Impairment Losses, Investments, Available-for-sale Securities	$ 0	$ 0	$ 0	$ 0
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year	7		7
Available-for-sale Securities, Effective Duration			5 years 116 days

Note 3 - Securities Available-for-sale - Securities Available-for-sale (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
Amortized Cost	$ 91,750	$ 100,375
Gross Unrealized Gains	5	249
Gross Unrealized Losses	(1,222)	(52)
Fair Value	90,533	100,572
US Government Agencies Debt Securities [Member]
Amortized Cost	48,711	51,948
Gross Unrealized Gains	5	98
Gross Unrealized Losses	(216)
Fair Value	48,500	52,046
Collateralized Mortgage Backed Securities [Member]
Amortized Cost	37,882	43,330
Gross Unrealized Gains		90
Gross Unrealized Losses	(882)	(52)
Fair Value	37,000	43,368
Collateralized Debt Obligations [Member]
Amortized Cost	5,157	5,097
Gross Unrealized Gains		61
Gross Unrealized Losses	(124)
Fair Value	$ 5,033	$ 5,158

Note 3 - Securities Available-for-sale - Securities in a Continuous Unrealized Loss Position (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Dec. 31, 2016	Jun. 30, 2016
Fair Value, Less than 12 months	$ 70,100
Unrealized losses, less than 12 months	(715)
Fair Value, More than 12 months	14,425	25,350
Unrealized losses, More than 12 months	(507)	(52)
Fair Value	84,525	25,350
Unrealized Losses	(1,222)	(52)
US Government Agencies Debt Securities [Member]
Fair Value, Less than 12 months	42,493
Unrealized losses, less than 12 months	(216)
Fair Value, More than 12 months
Unrealized losses, More than 12 months
Fair Value	42,493
Unrealized Losses	(216)
Collateralized Mortgage Backed Securities [Member]
Fair Value, Less than 12 months	22,574
Unrealized losses, less than 12 months	(375)
Fair Value, More than 12 months	14,425	25,350
Unrealized losses, More than 12 months	(507)	(52)
Fair Value	36,999	25,350
Unrealized Losses	(882)	(52)
Collateralized Debt Obligations [Member]
Fair Value, Less than 12 months	5,033
Unrealized losses, less than 12 months	(124)
Fair Value, More than 12 months
Unrealized losses, More than 12 months
Fair Value	5,033
Unrealized Losses	$ (124)

Note 3 - Securities Available-for-sale - Securities by Contractual Maturity (Details) $ in Thousands	Dec. 31, 2016 USD ($)
Due within one year, amortized cost	$ 9,230
Due within one year, fair value	9,224
Due after one year through five years, amortized cost	39,481
Due after one year through five years, fair value	39,277
Due after five years through ten years, amortized cost	16,669
Due after five years through ten years, fair value	16,491
Due after ten years, amortized cost	21,213
Due after ten years, fair value	20,508
Total, amortized cost	86,593
Total, fair value	$ 85,500

Note 4 - Loans, Allowance for Loan Losses and Credit Quality (Details Textual)
xbrli-pure in Thousands

3 Months Ended

6 Months Ended

Dec. 31, 2016

USD ($)

Dec. 31, 2016

USD ($)

Jun. 30, 2016

USD ($)

Unamortized Loan Commitment and Origination Fees and Unamortized Discounts or Premiums

$ 463,000

$ 58,000

Financing Receivable, Modifications, Subsequent Default, Number of Contracts

Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Carrying Amount, Net

^[1]

$ 252,040,000

237,054,000

Loans Held-forsale [Member]

Loans and Leases Receivable, Impaired, Commitment to Lend

Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Carrying Amount, Net

975,000

Residential Portfolio Segment [Member]

Mortgage Loans in Process of Foreclosure, Amount

$ 823,000

$ 882,000

[1]	Balances include loans held for sale of $975 thousand at December 31, 2016 and $0 at June 30, 2016.

Note 4 - Loans, Allowance for Loan Losses and Credit Quality - Loan Portfolio (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
Loans	$ 766,938	$ 692,436
Residential Real Estate, without Home Equity [Member]
Loans	90,985	95,950
Home Equity Portfolio Segment [Member]
Loans	15,964	18,012
Commercial Real Estate Portfolio Segment [Member]
Loans	503,448	426,568
Commercial Portfolio Segment [Member]
Loans	151,228	145,956
Consumer Portfolio Segment [Member]
Loans	5,313	5,950
Originated Loans [Member]
Loans	512,865	452,727
Originated Loans [Member] \| Residential Real Estate, without Home Equity [Member]
Loans	87,900	93,391
Originated Loans [Member] \| Home Equity Portfolio Segment [Member]
Loans	15,964	18,012
Originated Loans [Member] \| Commercial Real Estate Portfolio Segment [Member]
Loans	253,601	189,616
Originated Loans [Member] \| Commercial Portfolio Segment [Member]
Loans	150,087	145,758
Originated Loans [Member] \| Consumer Portfolio Segment [Member]
Loans	5,313	5,950
Purchased Loans [Member]
Loans	254,073	239,709
Purchased Loans [Member] \| Residential Real Estate, without Home Equity [Member]
Loans	3,085	2,559
Purchased Loans [Member] \| Home Equity Portfolio Segment [Member]
Loans
Purchased Loans [Member] \| Commercial Real Estate Portfolio Segment [Member]
Loans	249,847	236,952
Purchased Loans [Member] \| Commercial Portfolio Segment [Member]
Loans	1,141	198
Purchased Loans [Member] \| Consumer Portfolio Segment [Member]
Loans

Note 4 - Loans, Allowance for Loan Losses and Credit Quality - Summary of Past Due and Non-accrual Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
Past due	$ 21,855	$ 6,905
Current	745,083	685,531
Loans	766,938	692,436
Non- Accrual Loans	10,197	7,827
Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	14,480	653
Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	2,142	985
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	5,233	5,267
Residential Real Estate, without Home Equity [Member]
Loans	90,985	95,950
Home Equity Portfolio Segment [Member]
Loans	15,964	18,012
Commercial Real Estate Portfolio Segment [Member]
Loans	503,448	426,568
Commercial Portfolio Segment [Member]
Loans	151,228	145,956
Consumer Portfolio Segment [Member]
Loans	5,313	5,950
Originated Loans [Member]
Past due	5,960	3,499
Current	506,905	449,228
Loans	512,865	452,727
Non- Accrual Loans	5,978	3,315
Originated Loans [Member] \| Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	2,110	653
Originated Loans [Member] \| Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	1,373	966
Originated Loans [Member] \| Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	2,477	1,880
Originated Loans [Member] \| Residential Real Estate, without Home Equity [Member]
Past due	3,471	2,767
Current	84,429	90,624
Loans	87,900	93,391
Non- Accrual Loans	2,827	2,613
Originated Loans [Member] \| Residential Real Estate, without Home Equity [Member] \| Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	1,052	302
Originated Loans [Member] \| Residential Real Estate, without Home Equity [Member] \| Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	823	910
Originated Loans [Member] \| Residential Real Estate, without Home Equity [Member] \| Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	1,596	1,555
Originated Loans [Member] \| Home Equity Portfolio Segment [Member]
Past due	48	194
Current	15,916	17,818
Loans	15,964	18,012
Non- Accrual Loans	48	48
Originated Loans [Member] \| Home Equity Portfolio Segment [Member] \| Financing Receivables, 30 to 59 Days Past Due [Member]
Past due		146
Originated Loans [Member] \| Home Equity Portfolio Segment [Member] \| Financing Receivables, 60 to 89 Days Past Due [Member]
Past due
Originated Loans [Member] \| Home Equity Portfolio Segment [Member] \| Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	48	48
Originated Loans [Member] \| Commercial Real Estate Portfolio Segment [Member]
Past due	1,541	320
Current	252,060	189,296
Loans	253,601	189,616
Non- Accrual Loans	396	474
Originated Loans [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	882	132
Originated Loans [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	522
Originated Loans [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	137	188
Originated Loans [Member] \| Commercial Portfolio Segment [Member]
Past due	725	15
Current	149,362	145,743
Loans	150,087	145,758
Non- Accrual Loans	2,659	17
Originated Loans [Member] \| Commercial Portfolio Segment [Member] \| Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	48
Originated Loans [Member] \| Commercial Portfolio Segment [Member] \| Financing Receivables, 60 to 89 Days Past Due [Member]
Past due
Originated Loans [Member] \| Commercial Portfolio Segment [Member] \| Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	677	15
Originated Loans [Member] \| Consumer Portfolio Segment [Member]
Past due	175	203
Current	5,138	5,747
Loans	5,313	5,950
Non- Accrual Loans	48	163
Originated Loans [Member] \| Consumer Portfolio Segment [Member] \| Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	128	73
Originated Loans [Member] \| Consumer Portfolio Segment [Member] \| Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	28	56
Originated Loans [Member] \| Consumer Portfolio Segment [Member] \| Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	19	74
Purchased Loans [Member]
Past due	15,895	3,406
Current	238,178	236,303
Loans	254,073	239,709
Non- Accrual Loans	4,219	4,512
Purchased Loans [Member] \| Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	12,370
Purchased Loans [Member] \| Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	769	19
Purchased Loans [Member] \| Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	2,756	3,387
Purchased Loans [Member] \| Residential Real Estate, without Home Equity [Member]
Past due	1
Current	3,084	2,559
Loans	3,085	2,559
Non- Accrual Loans	1,066	1,125
Purchased Loans [Member] \| Residential Real Estate, without Home Equity [Member] \| Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	1
Purchased Loans [Member] \| Residential Real Estate, without Home Equity [Member] \| Financing Receivables, 60 to 89 Days Past Due [Member]
Past due
Purchased Loans [Member] \| Residential Real Estate, without Home Equity [Member] \| Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due
Purchased Loans [Member] \| Home Equity Portfolio Segment [Member]
Loans
Purchased Loans [Member] \| Commercial Real Estate Portfolio Segment [Member]
Past due	15,584	3,406
Current	234,263	233,546
Loans	249,847	236,952
Non- Accrual Loans	3,055	3,387
Purchased Loans [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	12,150
Purchased Loans [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	713	19
Purchased Loans [Member] \| Commercial Real Estate Portfolio Segment [Member] \| Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	2,721	3,387
Purchased Loans [Member] \| Commercial Portfolio Segment [Member]
Past due	310
Current	831	198
Loans	1,141	198
Non- Accrual Loans	98
Purchased Loans [Member] \| Commercial Portfolio Segment [Member] \| Financing Receivables, 30 to 59 Days Past Due [Member]
Past due	219
Purchased Loans [Member] \| Commercial Portfolio Segment [Member] \| Financing Receivables, 60 to 89 Days Past Due [Member]
Past due	56
Purchased Loans [Member] \| Commercial Portfolio Segment [Member] \| Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due	35
Purchased Loans [Member] \| Consumer Portfolio Segment [Member]
Loans

Note 4 - Loans, Allowance for Loan Losses and Credit Quality - Allowance for Loan Losses by Portfolio Segment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Beginning balance	$ 2,506	$ 2,065	$ 2,350	$ 1,926
Provision for loan losses	628	896	820	1,065
Recoveries	73	8	91	28
Charge-offs	(100)	(840)	(154)	(890)
Ending balance	3,107	2,129	3,107	2,129
Residential Portfolio Segment [Member] \| Originated Loans [Member]
Beginning balance	541	732	663	741
Provision for loan losses	6	147	(93)	126
Recoveries	27	1	29	13
Charge-offs		(19)	(25)	(19)
Ending balance	574	861	574	861
Commercial Real Estate Portfolio Segment [Member] \| Originated Loans [Member]
Beginning balance	1,421	733	1,195	694
Provision for loan losses	351	125	577	187
Recoveries	19		19	5
Charge-offs	(41)	(14)	(41)	(42)
Ending balance	1,750	844	1,750	844
Commercial Portfolio Segment [Member] \| Originated Loans [Member]
Beginning balance	318	134	297	117
Provision for loan losses	207	42	224	58
Recoveries	6	4	11	5
Charge-offs		(1)	(1)	(1)
Ending balance	531	179	531	179
Consumer Portfolio Segment [Member] \| Originated Loans [Member]
Beginning balance	68	46	62	35
Provision for loan losses	40	(6)	63	25
Recoveries	21	3	32	5
Charge-offs	(59)	(7)	(87)	(29)
Ending balance	70	36	70	36
Purchased Loans [Member]
Beginning balance	158	364	133	283
Provision for loan losses	24	644	49	725
Recoveries
Charge-offs		(799)		(799)
Ending balance	182	209	182	209
Unallocated Financing Receivables [Member]
Beginning balance		56		56
Provision for loan losses		(56)		(56)
Recoveries
Charge-offs
Ending balance

Note 4 - Loans, Allowance for Loan Losses and Credit Quality - Allowance for Loan Losses by Portfolio Segment and Impairment Methodology (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015
Allowance for loan losses:
Allowance for loan losses, individually evaluated	$ 600		$ 470
Allowance for loan losses, collectively evaluated	2,325		1,747
Allowance for loan losses, ASC 310-30	182		133
Allowance for loan losses	3,107	$ 2,506	2,350	$ 2,129	$ 2,065	$ 1,926
Loans, individually evaluated	10,241		7,104
Loans, collectively evaluated	502,624		445,623
Loans, ASC 310-30	254,073		239,709
Loans	766,938		692,436
Originated Loans [Member]
Allowance for loan losses:
Loans	512,865		452,727
Residential Portfolio Segment [Member]
Allowance for loan losses:
Loans	106,949		113,962
Residential Portfolio Segment [Member] \| Originated Loans [Member]
Allowance for loan losses:
Allowance for loan losses, individually evaluated	366		386
Allowance for loan losses, collectively evaluated	208		277
Allowance for loan losses, ASC 310-30
Allowance for loan losses	574	541	663	861	732	741
Loans, individually evaluated	5,573		5,039
Loans, collectively evaluated	98,291		106,364
Loans, ASC 310-30
Loans	103,864		111,403
Commercial Real Estate Portfolio Segment [Member]
Allowance for loan losses:
Loans	503,448		426,568
Commercial Real Estate Portfolio Segment [Member] \| Originated Loans [Member]
Allowance for loan losses:
Allowance for loan losses, individually evaluated	64		59
Allowance for loan losses, collectively evaluated	1,686		1,136
Allowance for loan losses, ASC 310-30
Allowance for loan losses	1,750	1,421	1,195	844	733	694
Loans, individually evaluated	1,594		1,686
Loans, collectively evaluated	252,007		187,930
Loans, ASC 310-30
Loans	253,601		189,616
Commercial Portfolio Segment [Member]
Allowance for loan losses:
Loans	151,228		145,956
Commercial Portfolio Segment [Member] \| Originated Loans [Member]
Allowance for loan losses:
Allowance for loan losses, individually evaluated	164		2
Allowance for loan losses, collectively evaluated	367		295
Allowance for loan losses, ASC 310-30
Allowance for loan losses	531	318	297	179	134	117
Loans, individually evaluated	2,820		17
Loans, collectively evaluated	147,267		145,741
Loans, ASC 310-30
Loans	150,087		145,758
Consumer Portfolio Segment [Member]
Allowance for loan losses:
Loans	5,313		5,950
Consumer Portfolio Segment [Member] \| Originated Loans [Member]
Allowance for loan losses:
Allowance for loan losses, individually evaluated	6		23
Allowance for loan losses, collectively evaluated	64		39
Allowance for loan losses, ASC 310-30
Allowance for loan losses	70	68	62	36	46	35
Loans, individually evaluated	254		362
Loans, collectively evaluated	5,059		5,588
Loans, ASC 310-30
Loans	5,313		5,950
Purchased Loans [Member]
Allowance for loan losses:
Allowance for loan losses, individually evaluated
Allowance for loan losses, collectively evaluated
Allowance for loan losses, ASC 310-30	182		133
Allowance for loan losses	182	158	133	209	364	283
Loans, individually evaluated
Loans, collectively evaluated
Loans, ASC 310-30	254,073		239,709
Loans	254,073		239,709
Unallocated Financing Receivables [Member]
Allowance for loan losses:
Allowance for loan losses, individually evaluated
Allowance for loan losses, collectively evaluated
Allowance for loan losses, ASC 310-30
Allowance for loan losses					$ 56	$ 56
Loans, individually evaluated
Loans, collectively evaluated
Loans, ASC 310-30
Loans

Note 4 - Loans, Allowance for Loan Losses and Credit Quality - Impaired Loans (Details) - USD ($)	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Jun. 30, 2016
Recorded Investment, with no related allowance	$ 11,259,000		$ 11,259,000		$ 9,614,000
Unpaid Principal Balance, with no related allowance	12,938,000		12,938,000		10,060,000
Recorded Investment, with related allowance	5,905,000		5,905,000		4,673,000
Unpaid Principal Balance, with related allowance	6,517,000		6,517,000		4,951,000
Related Allowance	757,000		757,000		536,000
Collateral dependent impaired loans	17,164,000		17,164,000		14,287,000
Unpaid Principal Balance	19,455,000		19,455,000		15,011,000
Average Recorded Investment, with no related allowance	11,300,000	$ 11,242,000	10,737,000	$ 10,795,000
Interest Income Recognized, with no related allowance	165,000	102,000	283,000	167,000
Average Recorded Investment, with related allowance	5,115,000	4,423,000	4,967,000	3,640,000
Interest Income Recognized, with related allowance	127,000	45,000	180,000	117,000
Average Recorded Investment	16,415,000	15,665,000	15,704,000	14,435,000
Interest Income Recognized	292,000	147,000	463,000	284,000
Residential Portfolio Segment [Member] \| Originated Loans [Member]
Recorded Investment, with no related allowance	3,191,000		3,191,000		3,192,000
Unpaid Principal Balance, with no related allowance	3,264,000		3,264,000		3,299,000
Recorded Investment, with related allowance	2,382,000		2,382,000		1,847,000
Unpaid Principal Balance, with related allowance	2,340,000		2,340,000		1,802,000
Related Allowance	366,000		366,000		386,000
Average Recorded Investment, with no related allowance	3,730,000	3,157,000	3,550,000	2,613,000
Interest Income Recognized, with no related allowance	62,000	37,000	111,000	76,000
Average Recorded Investment, with related allowance	1,952,000	1,968,000	1,917,000	2,024,000
Interest Income Recognized, with related allowance	73,000	22,000	89,000	45,000
Residential Portfolio Segment [Member] \| Purchased Loans [Member]
Recorded Investment, with no related allowance	1,066,000		1,066,000		1,125,000
Unpaid Principal Balance, with no related allowance	1,108,000		1,108,000		1,125,000
Average Recorded Investment, with no related allowance	1,087,000		1,100,000
Interest Income Recognized, with no related allowance			3,000
Consumer Portfolio Segment [Member] \| Originated Loans [Member]
Recorded Investment, with no related allowance	171,000		171,000		257,000
Unpaid Principal Balance, with no related allowance	179,000		179,000		282,000
Recorded Investment, with related allowance	83,000		83,000		105,000
Unpaid Principal Balance, with related allowance	92,000		92,000		112,000
Related Allowance	6,000		6,000		23,000
Average Recorded Investment, with no related allowance	200,000	354,000	219,000	316,000
Interest Income Recognized, with no related allowance	8,000	8,000	11,000	13,000
Average Recorded Investment, with related allowance	93,000	44,000	97,000	20,000
Interest Income Recognized, with related allowance	2,000	1,000	4,000	2,000
Commercial Real Estate Portfolio Segment [Member] \| Originated Loans [Member]
Recorded Investment, with no related allowance	487,000		487,000		451,000
Unpaid Principal Balance, with no related allowance	489,000		489,000		453,000
Recorded Investment, with related allowance	1,107,000		1,107,000		1,235,000
Unpaid Principal Balance, with related allowance	1,098,000		1,098,000		1,223,000
Related Allowance	64,000		64,000		59,000
Average Recorded Investment, with no related allowance	466,000	885,000	461,000	1,190,000
Interest Income Recognized, with no related allowance	15,000	7,000	23,000	14,000
Average Recorded Investment, with related allowance	1,115,000	930,000	1,155,000	883,000
Interest Income Recognized, with related allowance	31,000	19,000	49,000	31,000
Commercial Real Estate Portfolio Segment [Member] \| Purchased Loans [Member]
Recorded Investment, with no related allowance	4,513,000		4,513,000		4,574,000
Unpaid Principal Balance, with no related allowance	6,049,000		6,049,000		4,886,000
Recorded Investment, with related allowance	1,272,000		1,272,000		1,484,000
Unpaid Principal Balance, with related allowance	1,660,000		1,660,000		1,812,000
Related Allowance	100,000		100,000		66,000
Average Recorded Investment, with no related allowance	4,705,000	6,844,000	4,661,000	6,674,000
Interest Income Recognized, with no related allowance	47,000	50,000	99,000	64,000
Average Recorded Investment, with related allowance	1,423	1,481	1,443,000	713,000
Interest Income Recognized, with related allowance	7,000	3,000	24,000	39,000
Commercial Portfolio Segment [Member] \| Originated Loans [Member]
Recorded Investment, with no related allowance	1,815,000		1,815,000		15,000
Unpaid Principal Balance, with no related allowance	1,815,000		1,815,000		15,000
Recorded Investment, with related allowance	1,005,000		1,005,000		2,000
Unpaid Principal Balance, with related allowance	1,005,000		1,005,000		2,000
Related Allowance	164,000		164,000		2,000
Average Recorded Investment, with no related allowance	1,080,000	2,000	725,000	2,000
Interest Income Recognized, with no related allowance	33,000		36,000
Average Recorded Investment, with related allowance	504,000		336,000
Interest Income Recognized, with related allowance	12,000		12,000
Commercial Portfolio Segment [Member] \| Purchased Loans [Member]
Recorded Investment, with no related allowance	16,000		16,000
Unpaid Principal Balance, with no related allowance	34,000		34,000
Recorded Investment, with related allowance	56,000		56,000
Unpaid Principal Balance, with related allowance	322,000		322,000
Related Allowance	57,000		57,000
Average Recorded Investment, with no related allowance	32,000		21,000
Interest Income Recognized, with no related allowance
Average Recorded Investment, with related allowance	28,000		19,000
Interest Income Recognized, with related allowance	$ 2,000		$ 2,000

Note 4 - Loans, Allowance for Loan Losses and Credit Quality - Loans by Risk Rating (Details) - USD ($)
$ in Thousands

Dec. 31, 2016

Jun. 30, 2016

Loans by risk rating

$ 667,013

$ 583,733

Loans Rated 1-6 [Member]

Loans by risk rating

649,816

564,170

Loans Rated 7 [Member]

Loans by risk rating

11,432

13,361

Loans Rated 8 [Member]

Loans by risk rating

5,742

6,179

Loans Rated 9 [Member]

Loans by risk rating

Loans Rated 10 [Member]

Loans by risk rating

Purchased Loans [Member]

Loans by risk rating

254,073

239,709

Purchased Loans [Member] | Loans Rated 1-6 [Member]

Loans by risk rating

243,364

227,895

Purchased Loans [Member] | Loans Rated 7 [Member]

Loans by risk rating

7,147

Purchased Loans [Member] | Loans Rated 8 [Member]

Loans by risk rating

3,562

4,667

Purchased Loans [Member] | Loans Rated 9 [Member]

Loans by risk rating

Purchased Loans [Member] | Loans Rated 10 [Member]

Loans by risk rating

Commercial Real Estate Portfolio Segment [Member] | Originated Loans [Member]

Loans by risk rating

253,601

189,616

Commercial Real Estate Portfolio Segment [Member] | Originated Loans [Member] | Loans Rated 1-6 [Member]

Loans by risk rating

249,552

186,165

Commercial Real Estate Portfolio Segment [Member] | Originated Loans [Member] | Loans Rated 7 [Member]

Loans by risk rating

3,230

2,493

Commercial Real Estate Portfolio Segment [Member] | Originated Loans [Member] | Loans Rated 8 [Member]

Loans by risk rating

819

958

Commercial Real Estate Portfolio Segment [Member] | Originated Loans [Member] | Loans Rated 9 [Member]

Loans by risk rating

Commercial Real Estate Portfolio Segment [Member] | Originated Loans [Member] | Loans Rated 10 [Member]

Loans by risk rating

Commercial Portfolio Segment [Member] | Originated Loans [Member]

Loans by risk rating

150,087

145,758

Commercial Portfolio Segment [Member] | Originated Loans [Member] | Loans Rated 1-6 [Member]

Loans by risk rating

148,674

142,451

Commercial Portfolio Segment [Member] | Originated Loans [Member] | Loans Rated 7 [Member]

Loans by risk rating

560

3,290

Commercial Portfolio Segment [Member] | Originated Loans [Member] | Loans Rated 8 [Member]

Loans by risk rating

853

Commercial Portfolio Segment [Member] | Originated Loans [Member] | Loans Rated 9 [Member]

Loans by risk rating

Commercial Portfolio Segment [Member] | Originated Loans [Member] | Loans Rated 10 [Member]

Loans by risk rating

Residential Portfolio Segment [Member] | Originated Loans [Member]

Loans by risk rating

^[1]

9,252

8,650

Residential Portfolio Segment [Member] | Originated Loans [Member] | Loans Rated 1-6 [Member]

Loans by risk rating

^[1]

8,226

7,659

Residential Portfolio Segment [Member] | Originated Loans [Member] | Loans Rated 7 [Member]

Loans by risk rating

^[1]

495

431

Residential Portfolio Segment [Member] | Originated Loans [Member] | Loans Rated 8 [Member]

Loans by risk rating

^[1]

508

537

Residential Portfolio Segment [Member] | Originated Loans [Member] | Loans Rated 9 [Member]

Loans by risk rating

^[1]

Residential Portfolio Segment [Member] | Originated Loans [Member] | Loans Rated 10 [Member]

Loans by risk rating

^[1]

[1]	Certain of the Company's loans made for commercial purposes, but secured by residential collateral, are rated under the Company's risk-rating system.

Note 4 - Loans, Allowance for Loan Losses and Credit Quality - TDRs by Type of Modification (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016 USD ($)	Dec. 31, 2015 USD ($)	Dec. 31, 2016 USD ($)	Dec. 31, 2015 USD ($)
Number of Contracts	4	3	6	3
Recorded Investment	$ 450	$ 208	$ 793	$ 208
Extended Maturity [Member]
Number of Contracts	1		1
Recorded Investment	$ 154		$ 154
Contractual Interest Rate Reduction [Member]
Number of Contracts	2		3
Recorded Investment	$ 135		$ 144
Rate and Maturity [Member]
Number of Contracts		3	1	3
Recorded Investment		$ 208	$ 334	$ 208
Principal Forgiveness [Member]
Number of Contracts	1		1
Recorded Investment	$ 161		$ 161
Court Ordered Concession [Member]
Number of Contracts
Recorded Investment

Note 4 - Loans, Allowance for Loan Losses and Credit Quality - TDRs Pre and Post-modification (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016 USD ($)	Dec. 31, 2015 USD ($)	Dec. 31, 2016 USD ($)	Dec. 31, 2015 USD ($)
Number of Contracts	4	3	6	3
Recorded Investment Pre-Modification	$ 357	$ 208	$ 700	$ 208
Recorded Investment Post-Modification	$ 450	$ 208	$ 793	$ 208
Originated Loans [Member]
Number of Contracts	4	3	5	3
Recorded Investment Pre-Modification	$ 357	$ 208	$ 366	$ 208
Recorded Investment Post-Modification	$ 450	$ 208	$ 459	$ 208
Originated Loans [Member] \| Residential Real Estate, without Home Equity [Member]
Number of Contracts	3	3	4	3
Recorded Investment Pre-Modification	$ 266	$ 208	$ 275	$ 208
Recorded Investment Post-Modification	$ 289	$ 208	$ 298	$ 208
Originated Loans [Member] \| Home Equity Portfolio Segment [Member]
Number of Contracts
Recorded Investment Pre-Modification
Recorded Investment Post-Modification
Originated Loans [Member] \| Commercial Real Estate Portfolio Segment [Member]
Number of Contracts
Recorded Investment Pre-Modification
Recorded Investment Post-Modification
Originated Loans [Member] \| Commercial Portfolio Segment [Member]
Number of Contracts	1		1
Recorded Investment Pre-Modification	$ 91		$ 91
Recorded Investment Post-Modification	$ 161		$ 161
Originated Loans [Member] \| Consumer Portfolio Segment [Member]
Number of Contracts
Recorded Investment Pre-Modification
Recorded Investment Post-Modification
Purchased Loans [Member]
Number of Contracts			1
Recorded Investment Pre-Modification			$ 334
Recorded Investment Post-Modification			$ 334
Purchased Loans [Member] \| Commercial Real Estate Portfolio Segment [Member]
Number of Contracts			1
Recorded Investment Pre-Modification			$ 334
Recorded Investment Post-Modification			$ 334
Purchased Loans [Member] \| Residential Portfolio Segment [Member]
Number of Contracts
Recorded Investment Pre-Modification
Recorded Investment Post-Modification

Note 4 - Loans, Allowance for Loan Losses and Credit Quality - Loans Acquired Accounted for Under ASC 310-30 (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Contractually required payments receivable	$ 68,466	$ 60,153	$ 94,720	$ 91,427
Nonaccretable difference	(977)	(491)	(3,494)	(782)
Cash flows expected to be collected	67,489	59,662	91,226	90,645
Accretable yield	(21,456)	(23,807)	(31,340)	(31,334)
Fair value of loans acquired	46,033	35,855	59,886	59,311
Beginning balance	124,023	109,615	124,151	111,449
Acquisitions	21,456	23,807	31,340	31,334
Accretion	(4,656)	(3,885)	(9,308)	(7,640)
Reclassifications from non-accretable difference to accretable yield	973	2,764	1,131	3,041
Disposals and other changes	(13,373)	(8,208)	(18,891)	(14,091)
Ending balance	$ 128,423	$ 124,093	$ 128,423	$ 124,093

Note 4 - Loans, Allowance for Loan Losses and Credit Quality - Loans Acquired Not Accounted for Using the Income Recognition Model (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Dec. 31, 2016	Dec. 31, 2016
Loans acquired during the period		$ 1,010
Loans at end of period	$ 3,917	$ 3,917

Note 4 - Loans, Allowance for Loan Losses and Credit Quality - Unpaid Principal Balance and Carrying Amounts of ASC 310-30 Loans (Details) - USD ($)
$ in Thousands

Dec. 31, 2016

Jun. 30, 2016

Unpaid principal balance

^[1]

$ 284,637

$ 267,985

Carrying amount

^[1]

$ 252,040

$ 237,054

[1]	Balances include loans held for sale of $975 thousand at December 31, 2016 and $0 at June 30, 2016.

Note 5 - Transfers and Servicing of Financial Assets (Details Textual) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Jun. 30, 2016
Servicing Asset at Amortized Cost	$ 2,300		$ 2,300		$ 1,800
Contractually Specified Servicing Fees, Amount	248	$ 167	408	$ 316
Mortgage Loans [Member]
Proceeds from Sale of Loans Held-for-investment	17,700	20,500	42,700	49,400
Mortgage Servicing Rights [Member]
Proceeds from Sale of Mortgage Servicing Rights (MSR)			$ 11,900		12,900
Assumption for Fair Value of Assets or Liabilities that relate to Transferor's Continuing Involvement, Discount Rate			7.80%
Assumption for Fair Value of Assets or Liabilities that relate to Transferor's Continuing Involvement, Prepayment Speed			16.00%
Commercial Loan [Member]
Proceeds from Sale of Mortgage Servicing Rights (MSR)			$ 33,300		32,900
SBA [Member]
Proceeds from Sale of Loans Held-for-investment	$ 17,500	$ 7,500	24,800	$ 13,000
Proceeds from Sale of Mortgage Servicing Rights (MSR)			$ 121,000		$ 83,800
Assumption for Fair Value of Assets or Liabilities that relate to Transferor's Continuing Involvement, Prepayment Speed			7.50%
SBA [Member] \| Minimum [Member]
Assumption for Fair Value of Assets or Liabilities that relate to Transferor's Continuing Involvement, Discount Rate			8.80%
SBA [Member] \| Maximum [Member]
Assumption for Fair Value of Assets or Liabilities that relate to Transferor's Continuing Involvement, Discount Rate			13.90%

Note 6 - Earnings Per Share (EPS) - Number of Shared Outstanding for Basic and Diluted EPS (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Net income	$ 3,100	$ 1,744	$ 4,851	$ 3,611
Weighted average shares used in calculation of basic EPS (in shares)	8,831,235	9,559,369	8,968,690	9,560,913
Incremental shares from assumed exercise of dilutive securities (in shares)	33,383	10,216	30,372	6,225
Weighted average shares used in calculation of diluted EPS (in shares)	8,864,618	9,569,585	8,999,062	9,567,138
Basic (in dollars per share)	$ 0.35	$ 0.18	$ 0.54	$ 0.38
Diluted (in dollars per share)	$ 0.35	$ 0.18	$ 0.54	$ 0.38

Note 6 - Earnings Per Share (EPS) - Average Anti-dilutive Options and Warrants (Details) - shares	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Employee Stock Option [Member]
Stock options (in shares)	714,545	714,545	714,545	714,545

Note 7 - Derivatives and Hedging Activities (Details Textual) xbrli-pure in Thousands, $ in Millions	3 Months Ended		6 Months Ended
	Dec. 31, 2016 USD ($)	Dec. 31, 2015	Dec. 31, 2016 USD ($)	Dec. 31, 2015
Derivative, Collateral, Right to Reclaim Cash	$ 1.5		$ 1.5
Interest Rate Swap [Member]
Derivative, Number of Contracts Terminated Prior to Maturity	0	0	0	0

Note 7 - Derivatives and Hedging Activities - Interest Rate Caps and Swap Agreements Used to Hedge Variable Rate Debt (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Dec. 31, 2016	Jun. 30, 2016
Notional Amount	$ 31,000	$ 31,000
Unrealized Loss	1,629	3,276
Fair Value	(1,237)	(2,882)
Unrealized Loss	(1,629)	(3,276)
Interest Rate Swaps Terminating in July 2033 [Member] \| Other Liabilities [Member]
Notional Amount	$ 5,000	$ 5,000
Index	3 Mo. LIBOR	3 Mo. LIBOR
Receive Rate	0.98%	0.65%
Pay Rate	3.38%	3.38%
Unrealized Loss	$ 634	$ 1,352
Fair Value	(634)	$ (1,352)
Strike Rate
Unrealized Loss	(634)	$ (1,352)
Interest Rate Swaps Terminating in July 2028 [Member] \| Other Liabilities [Member]
Notional Amount	$ 5,000	$ 5,000
Index	3 Mo. LIBOR	3 Mo. LIBOR
Receive Rate	0.98%	0.65%
Pay Rate	3.23%	3.23%
Unrealized Loss	$ 451	$ 1,005
Fair Value	(451)	$ (1,005)
Strike Rate
Unrealized Loss	(451)	$ (1,005)
Interest Rate Swaps Terminating in July 2023 [Member] \| Other Liabilities [Member]
Notional Amount	$ 5,000	$ 5,000
Index	3 Mo. LIBOR	3 Mo. LIBOR
Receive Rate	0.98%	0.65%
Pay Rate	2.77%	2.77%
Unrealized Loss	$ 215	$ 560
Fair Value	(215)	$ (560)
Strike Rate
Unrealized Loss	(215)	$ (560)
Interest Rate Caps Terminating in September 2019 [Member] \| Other Assets [Member]
Notional Amount	$ 6,000	$ 6,000
Index	3 Mo. LIBOR	3 Mo. LIBOR
Receive Rate
Pay Rate
Unrealized Loss	$ 159	$ 167
Strike Rate	2.50%	2.50%
Fair Value	$ 17	$ 10
Unrealized Loss	(159)	(167)
Interest Rate Caps Terminating in February 2020 [Member] \| Other Assets [Member]
Notional Amount	$ 10,000	$ 10,000
Index	3 Mo. LIBOR	3 Mo. LIBOR
Receive Rate
Pay Rate
Unrealized Loss	$ 170	$ 192
Strike Rate	2.50%	2.50%
Fair Value	$ 46	$ 25
Unrealized Loss	$ (170)	$ (192)

Note 8 - Other Comprehensive Income - Components of Other Comprehensive Income (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015
Change in net unrealized loss on available-for-sale securities	$ (1,336)	$ (692)	$ (1,414)	$ (226)
Change in net unrealized gain or loss on available-for-sale securities, tax expense (benefit)	(507)	(263)	(537)	(85)
Change in net unrealized gain or loss on available-for-sale securities, after-tax amount	(829)	(429)	(877)	(141)
Change in accumulated gain (loss) on effective cash flow hedges	1,486	284	1,633	(554)
Change in accumulated gain (loss) on effective cash flow hedges, tax expense (benefit)	566	108	624	(211)
Change in accumulated gain (loss) on effective cash flow hedges, after-tax amount	920	176	1,009	(343)
Reclassification adjustments included in net income	8		14
Reclassification adjustment for net gains included in net income, tax expense (benefit)	3		5
Reclassification adjustment for net gains included in net income, after-tax amount	5		9
Total derivatives and hedging activities, pre tax	1,494	284	1,647	(554)
Total derivatives and hedging activities, tax expense (benefit)	569	108	629	(211)
Total derivatives and hedging activities, after-tax amount	925	176	1,018	(343)
Total other comprehensive gain (loss), pre tax	158	(408)	233	(780)
Total other comprehensive gain (loss), tax expense (benefit)	62	(155)	92	(296)
Total other comprehensive gain (loss), after-tax amount	$ 96	$ (253)	$ 141	$ (484)

Note 8 - Other Comprehensive Income - Components of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
Unrealized loss on available-for-sale securities, net-of-tax amount	$ (1,765)	$ (1,906)
Accumulated other comprehensive loss	(1,765)	(1,906)
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]
Unrealized loss on available-for-sale securities, before tax	(1,217)	197
Unrealized loss on available-for-sale securities, tax effect	462	(75)
Unrealized loss on available-for-sale securities, net-of-tax amount	(755)	122
Accumulated other comprehensive loss	(755)	122
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Unrealized loss on available-for-sale securities, before tax	(1,629)	(3,276)
Unrealized loss on available-for-sale securities, tax effect	619	1,248
Unrealized loss on available-for-sale securities, net-of-tax amount	(1,010)	(2,028)
Accumulated other comprehensive loss	$ (1,010)	$ (2,028)

Note 9 - Commitments and Contingencies (Details Textual) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Dec. 31, 2016	Dec. 31, 2016	Jun. 30, 2016
Loss Contingency, Estimate of Possible Loss	$ 63	$ 63	$ 81
CRA Qualified Investment [Member]
Fair Value Disclosure, Off-balance Sheet Risks, Face Amount, Liability	2,500	2,500	$ 2,500
Off-balance Sheet Liability, Funds Called	$ 0	$ 0

Note 9 - Commitments and Contingencies - Financial Instruments With Contract Amounts That Represent Credit Risk (Details) - USD ($) $ in Thousands	Dec. 31, 2016	Jun. 30, 2016
Commitments to Grant Loans [Member]
Financial Instruments which Represent Credit Risks	$ 24,187	$ 44,684
Unfunded Commitments Under Lines of Credit [Member]
Financial Instruments which Represent Credit Risks	76,317	58,412
Standby Letters of Credit Risk [Member]
Financial Instruments which Represent Credit Risks	3,810	3,822
CRA Qualified Investment [Member]
Financial Instruments which Represent Credit Risks	$ 2,500	$ 2,500

Note 10 - Stock-based Compensation (Details Textual) - Restricted Stock [Member]	6 Months Ended
	Dec. 31, 2016 shares
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	160,000
Vest In Full By August 25, 2019 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	15,000
Performance-Based Vesting Over Three Years [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	50,000
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	3 years
Share-based Compensation Arrangement by Share-based Payment Award, Vesting Threshold, ROE, Percentage of Targeted Returns	70.00%
Vests In Three Equal Installments After August 25, 2019 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period	95,000

Note 10 - Stock-based Compensation - Summary of Restricted Share Activity (Details) - Restricted Stock [Member] - $ / shares	6 Months Ended
	Dec. 31, 2016	Dec. 31, 2016
Unvested at beginning of period, shares (in shares)	251,859
Unvested at beginning of period, weighted average grant date fair value (in dollars per share)	$ 9.93
Granted, shares (in shares)	160,000
Granted, weighted average grant date fair value (in dollars per share)	$ 11.20
Vested, shares (in shares)
Vested, weighted average grant date fair value (in dollars per share)
Forfeited, shares (in shares)	(1,000)
Forfeited, weighted average grant date fair value (in dollars per share)	$ 9.47
Unvested at end of period, shares (in shares)	251,859	410,859
Unvested at end of period, weighted average grant date fair value (in dollars per share)	$ 10.43

Note 11 - Fair Value Measurements (Details Textual)	6 Months Ended
Note 11 - Fair Value Measurements (Details Textual)	Dec. 31, 2016
Market Approach Valuation Technique [Member] \| Minimum [Member]
Fair Value Inputs, Underlying Collateral On Impaired Loans	6.00%
Market Approach Valuation Technique [Member] \| Maximum [Member]
Fair Value Inputs, Underlying Collateral On Impaired Loans	30.00%
Income Approach Valuation Technique [Member] \| Minimum [Member]
Fair Value Inputs, Prepayment Rate	7.50%
Fair Value Inputs, Discount Rate	7.80%
Income Approach Valuation Technique [Member] \| Maximum [Member]
Fair Value Inputs, Prepayment Rate	16.00%
Fair Value Inputs, Discount Rate	14.00%

Note 11 - Fair Value Measurements - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($)
$ in Thousands

Dec. 31, 2016

Jun. 30, 2016

Available-for-sale securities, at fair value

$ 90,533

$ 100,572

Interest rate swaps

1,237

2,882

US Government Agencies Debt Securities [Member]

Available-for-sale securities, at fair value

48,500

52,046

Collateralized Mortgage Backed Securities [Member]

Available-for-sale securities, at fair value

37,000

43,368

Collateralized Debt Obligations [Member]

Available-for-sale securities, at fair value

5,033

5,158

Fair Value, Measurements, Recurring [Member] | Interest Rate Cap [Member]

Interest rate caps

Fair Value, Measurements, Recurring [Member] | Interest Rate Swap [Member]

Interest rate swaps

1,300

2,917

Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Interest Rate Cap [Member]

Interest rate caps

Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member] | Interest Rate Swap [Member]

Interest rate swaps

Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Rate Cap [Member]

Interest rate caps

Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member] | Interest Rate Swap [Member]

Interest rate swaps

1,300

2,917

Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Interest Rate Cap [Member]

Interest rate caps

Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member] | Interest Rate Swap [Member]

Interest rate swaps

Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member]

Available-for-sale securities, at fair value

48,500

52,046

Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]

Available-for-sale securities, at fair value

Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member]

Available-for-sale securities, at fair value

48,500

52,046

Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member]

Available-for-sale securities, at fair value

Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Backed Securities [Member]

Available-for-sale securities, at fair value

37,000

43,368

Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 1 [Member]

Available-for-sale securities, at fair value

Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 2 [Member]

Available-for-sale securities, at fair value

37,000

43,368

Fair Value, Measurements, Recurring [Member] | Collateralized Mortgage Backed Securities [Member] | Fair Value, Inputs, Level 3 [Member]

Available-for-sale securities, at fair value

Fair Value, Measurements, Recurring [Member] | Collateralized Debt Obligations [Member]

Available-for-sale securities, at fair value

^[1]

5,033

5,158

Fair Value, Measurements, Recurring [Member] | Collateralized Debt Obligations [Member] | Fair Value, Inputs, Level 1 [Member]

Available-for-sale securities, at fair value

^[1]

Fair Value, Measurements, Recurring [Member] | Collateralized Debt Obligations [Member] | Fair Value, Inputs, Level 2 [Member]

Available-for-sale securities, at fair value

^[1]

Fair Value, Measurements, Recurring [Member] | Collateralized Debt Obligations [Member] | Fair Value, Inputs, Level 3 [Member]

Available-for-sale securities, at fair value

^[1]

[1]

In accordance with ASU 820-10, certain investments that are measured at fair value using the net asset value per share (or its equivalent) as a practical expedient have not been classified in the fair value hierarchy. The fair value amount presented in the table are intended to permit reconciliation of the fair value amount to the consolidated financial statements.

Note 11 - Fair Value Measurements - Assets Measured at Fair Value on a Nonrecurring Basis (Details) - USD ($)	Dec. 31, 2016	Jun. 30, 2016
Collateral dependent impaired loans	$ 17,164,000	$ 14,287,000
Real estate owned and other repossessed collateral, net	3,145,000	1,652,000
Fair Value, Measurements, Nonrecurring [Member]
Collateral dependent impaired loans	2,099,000	922,000
Real estate owned and other repossessed collateral, net	3,145,000	1,652,000
Loan servicing rights	2,342,000	1,771,000
Fair Value, Measurements, Nonrecurring [Member] \| Fair Value, Inputs, Level 1 [Member]
Collateral dependent impaired loans
Real estate owned and other repossessed collateral, net
Loan servicing rights
Fair Value, Measurements, Nonrecurring [Member] \| Fair Value, Inputs, Level 2 [Member]
Collateral dependent impaired loans
Real estate owned and other repossessed collateral, net
Loan servicing rights
Fair Value, Measurements, Nonrecurring [Member] \| Fair Value, Inputs, Level 3 [Member]
Collateral dependent impaired loans	2,099,000	922,000
Real estate owned and other repossessed collateral, net	3,145,000	1,652,000
Loan servicing rights	$ 2,342,000	$ 1,771,000

Note 11 - Fair Value Measurements - Quantitative Information (Details) - USD ($)
$ in Thousands

Dec. 31, 2016

Jun. 30, 2016

Collateral Dependent Impaired Loans [Member] | Market Approach Valuation Technique [Member]

Assets measured at fair value on a nonrecurring basis

^[1]

$ 2,099

$ 922

Real Estate Owned and Other Repossessed Collateral [Member] | Market Approach Valuation Technique [Member]

Assets measured at fair value on a nonrecurring basis

^[1]

3,145

1,652

Loan Servicing Rights [Member] | Income Approach Valuation Technique [Member]

Assets measured at fair value on a nonrecurring basis

^[2]

$ 2,342

$ 1,771

[1]

Fair value is generally determined through independent appraisals of the underlying collateral. The Company may also use another available source of collateral assessment to determine a reasonable estimate of the fair value of the collateral. Appraisals may be adjusted by management for qualitative factors such as economic factors and estimated liquidation expenses. The range of these possible adjustments was 6% to 30%.

[2]

Fair value is determined using a discounted cash flow model. The unobservable inputs include anticipated rate of loan prepayments and discount rates. The range of prepayment assumptions used was 7.5% to 16.0%. For discount rates, the range was 7.8% to 14.0%.