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Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Jun. 30, 2014	Sep. 05, 2014	Dec. 31, 2013
Document and Entity Information:
Entity Registrant Name	HomeTrust Bancshares, Inc.
Document Type	10-K
Document Period End Date	Jun. 30, 2014
Amendment Flag	false
Entity Central Index Key	0001538263
Current Fiscal Year End Date	--06-30
Entity Common Stock, Shares Outstanding		20,512,248
Entity Public Float			$ 300,200,000
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	FY

HOMETRUST BANCSHARES, INC. AND SUBSIDIARY -- Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2014	Jun. 30, 2013
Assets
Cash	$ 19,801	$ 13,251
Interest-bearing deposits	26,029	112,462
Cash and cash equivalents	45,830	125,713
Certificates of deposit in other banks	163,780	136,617
Securities available for sale, at fair value	168,749	24,750
Loans held for sale	2,537	10,770
Total loans, net of deferred loan fees and discount	1,496,528	1,164,183
Allowance for loan losses	(23,429)	(32,073)
Net loans	1,473,099	1,132,110
Premises and equipment, net	47,411	22,400
Federal Home Loan Bank (FHLB) stock, at cost	3,697	1,854
Accrued interest receivable	6,787	5,549
Real estate owned (REO)	15,725	11,739
Deferred income taxes	58,381	47,428
Bank owned life insurance	71,285	62,242
Goodwill	9,815
Core deposit intangibles	4,014	120
Other assets	3,344	2,031
Total Assets	2,074,454	1,583,323
Liabilities
Deposits	1,583,047	1,154,750
Other borrowings	50,000
Capital lease obligations	1,998	2,016
Other liabilities	62,258	59,042
Total liabilities	1,697,303	1,215,808
Stockholders' Equity
Common stock	207	208
Additional paid in capital	225,889	227,397
Retained earnings	160,332	149,990
Unearned Employee Stock Ownership Plan (ESOP) shares	(9,522)	(10,051)
Accumulated other comprehensive income (loss)	245	(29)
Total stockholders' equity	377,151	367,515
Total Liabilities and Stockholders' Equity	$ 2,074,454	$ 1,583,323

HOMETRUST BANCSHARES, INC. AND SUBSIDIARY -- Consolidated Balance Sheets (Parentheticals) - $ / shares	Jun. 30, 2014	Jun. 30, 2013
Statements of Financial Condition
Preferred stock par value	$ 0.01	$ 0.01
Preferred stock shares authorized	10,000,000	10,000,000
Preferred stock shares issued	0	0
Preferred stock shares outstanding	0	0
Common stock par value	$ 0.01	$ 0.01
Common stock shares authorized	60,000,000	60,000,000
Common stock shares issued	20,632,008	20,824,900
Common stock shares outstanding	20,632,008	20,824,900

HOMETRUST BANCSHARES, INC. AND SUBSIDIARY -- Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Interest and Dividend Income
Loans	$ 56,835	$ 58,404	$ 65,656
Securities available for sale	1,578	324	413
Certificates of deposit and other interest-bearing deposits	1,789	1,578	1,331
FHLB stock	79	83	91
Total interest and dividend income	60,281	60,389	67,491
Interest Expense
Deposits	5,417	6,975	10,244
Other borrowings	15	280	1,534
Total interest expense	5,432	7,255	11,778
Net Interest Income	54,849	53,134	55,713
Provision for (Recovery of) Loan Losses	(6,300)	1,100	15,600
Net Interest Income after Provision for Loan Losses	61,149	52,034	40,113
Noninterest Income
Service charges on deposit accounts	2,783	2,589	2,679
Mortgage banking income and fees	3,218	5,107	3,846
Gain from sales of securities available for sale	10
Gain on sale of premises and equipment			1,503
Other noninterest income, net	2,727	2,691	2,400
Total noninterest income	8,738	10,387	10,428
Noninterest Expense
Salaries and employee benefits	30,366	26,438	21,679
Net occupancy expense	5,322	5,497	4,975
Marketing and advertising	1,360	1,705	1,546
Telephone, postage, and supplies	1,799	1,737	1,459
Deposit insurance premiums	1,312	1,407	2,097
Computer services	3,690	2,386	1,853
Federal Home Loan Bank Advance Prepayment Penalty		3,069	2,111
Loss on sale and impairment of REO	646	951	3,040
REO expense	1,443	2,135	1,951
Merger-related expenses	2,708
Other noninterest expense	6,386	6,068	5,950
Total noninterest expense	55,032	51,393	46,661
Income Before Income Taxes	14,855	11,028	3,880
Income Tax Expense (Benefit)	4,513	1,975	(647)
Net Income	$ 10,342	$ 9,053	$ 4,527
Net income per common share:
Basic	$ 0.54	$ 0.45
Diluted	$ 0.54	$ 0.45
Average shares outstanding:
Basic	18,630,774	19,922,283
Diluted	18,715,669	19,941,687

HOMETRUST BANCSHARES, INC. AND SUBSIDIARY -- Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Statements of Comprehensive Income
Net income (loss)	$ 10,342	$ 9,053	$ 4,527
Other Comprehensive Income (Loss)
Gains (losses) arising during the period	415	(318)	286
Deferred income tax benefit (expense)	(141)	108	(97)
Total other comprehensive income (loss)	274	(210)	189
Comprehensive Income	$ 10,616	$ 8,843	$ 4,716

- Definition

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

+ References + Details

HOMETRUST BANCSHARES, INC. AND SUBSIDIARY -- Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock	Additional Paid In Capital	Retained Earnings	Unearned ESOP Shares	Accumulated Other Comprehensive Income (Loss)	Total Stockholders' Equity
Balance at beginning of period at Jun. 30, 2011			$ 31,367	$ 136,410		$ (8)	$ 167,769
Net income (loss)	$ 4,527			4,527			4,527
Other comprehensive income (loss)						189	189
Balance at end of period at Jun. 30, 2012			31,367	140,937		181	172,485
Balance at beginning of period at Jun. 30, 2012			31,367	140,937		181	172,485
Net income (loss)	9,053			9,053			9,053
Issuance of common stock		$ 212	211,388				211,600
Common stock issuance cost			(3,396)				(3,396)
Loan to ESOP for purchase of shares	(10,580)				$ (10,580)		(10,580)
Stock repurchased for equity incentive plan	(13,299)	(9)	(13,290)				(13,299)
Granted restricted stock		5	(5)
Stock option expense			541				541
Restricted stock expense			572				572
ESOP shares allocated			220		529		749
Other comprehensive income (loss)						(210)	(210)
Balance at end of period at Jun. 30, 2013		208	227,397	149,990	(10,051)	(29)	367,515
Balance at beginning of period at Jun. 30, 2013		208	227,397	149,990	(10,051)	(29)	367,515
Net income (loss)	10,342			10,342			10,342
Stock repurchased for equity incentive plan	$ (29,686)
Stock repurchased		(18)	(29,668)				(29,686)
Shares issued for Jefferson Bancshares, Inc. merger		17	25,222				25,239
Stock option expense			1,273				1,273
Restricted stock expense			1,350				1,350
ESOP shares allocated			315		529		844
Other comprehensive income (loss)						274	274
Balance at end of period at Jun. 30, 2014		$ 207	$ 225,889	$ 160,332	$ (9,522)	$ 245	$ 377,151

HOMETRUST BANCSHARES, INC. AND SUBSIDIARY -- Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2012
Operating Activities:
Net income (loss)	$ 10,342	$ 9,053	$ 4,527
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for (recovery of) loan losses	(6,300)	1,100	15,600
Depreciation	2,369	2,287	2,276
Deferred income tax expense (benefit)	4,378	1,607	(537)
Net amortization and accretion	(1,272)	(210)	(187)
Federal Home Loan Bank Advance Prepayment Penalty		3,069	2,111
Gain on sale of premises and equipment			(1,503)
Loss on sale and impairment of real estate owned	646	951	3,040
Earnings from bank owned life insurance	(1,484)	(1,553)	(1,037)
Gain from sales of securities available for sale	(10)
Gain on sale of loans held for sale	(1,603)	(3,751)	(2,900)
Origination of loans held for sale	(73,501)	(227,117)	(196,708)
Proceeds from sales of loans held for sale	87,895	230,885	193,391
Decrease in deferred loan fees, net	(7)	(513)	(853)
Decrease (increase) in accrued interest receivable and other assets	(853)	4,326	3,523
ESOP compensation expense	844	749
Restricted stock and stock option expense	2,623	1,113
Decrease in other liabilities	(307)	(1,935)	(873)
Net cash provided by operating activities	23,760	23,931	19,870
Investing Activities:
Purchase of securities available for sale	(81,565)	(6,000)	(12,539)
Proceeds from sales of securities available for sale	2,086
Proceeds from maturities of securities available for sale	45,225	6,100	37,332
Purchase of certificates of deposit in other banks	(45,132)	(79,927)	(35,816)
Maturities of certificates of deposit in other banks	17,969	51,320	46,652
Principal repayments of mortgage-backed securities	9,850	6,101	3,067
Net redemptions of FHLB Stock	3,239	4,446	3,330
Net decrease in loans	30,011	54,445	53,296
Purchase of bank owned life insurance		(16,000)	(31,000)
Proceeds from redemption of bank owned life insurance			21,580
Purchase of premises and equipment	(1,688)	(1,581)	(3,218)
Capital improvements to REO	(236)	(542)	(316)
Proceeds from sale of premises and equipment			1,745
Proceeds from sale of REO	10,592	11,061	9,688
Acquisition of BankGreenville Financial Corporation, net of cash paid	1,475
Acquisition of Jefferson Bancshares, Inc., net of cash paid	(6,926)
Net cash provided by (used in) investing activities	(15,100)	29,423	93,801
Financing Activities:
Net increase (decrease) in deposits	(38,166)	(311,425)	201,590
Net decrease in other borrowings	(10,673)	(25,334)	(125,124)
Repayment of subordinated debentures	(10,000)
Proceeds from stock conversion		208,204
Loan to ESOP for purchase of shares		(10,580)
Common stock repurchased	(29,686)	(13,299)
Decrease in capital lease obligations	(18)	(8)	(7)
Net cash provided by (used in) financing activities	(88,543)	(152,442)	76,459
Net Increase (Decrease) in Cash and Cash Equivalents	(79,883)	(99,088)	190,130
Cash and Cash Equivalents at Beginning of Period	125,713	224,801	34,671
Cash and Cash Equivalents at End of Period	45,830	125,713	224,801
Cash paid during the period for:
Interest	5,271	7,414	11,981
Income taxes	150	123	97
Noncash transactions:
Unrealized gain (loss) in value of securities available for sale, net of income taxes	274	(210)	189
Transfers of loans to REO	9,645	7,730	16,137
Transfers of loans to held for sale	4,340
Loans originated to finance the sale of REO	94	$ 651	$ 1,452
Business Combinations:
Assets acquired	600,022
Liabilities assumed	539,979
Net assets acquired	$ 60,043

1. Summary of Significant Accounting Policies

12 Months Ended

Jun. 30, 2014

Notes

1. Summary of Significant Accounting Policies

1. Summary of Significant Accounting Policies

The consolidated financial statements presented in this report include the accounts of HomeTrust Bancshares, Inc., a Maryland corporation (“HomeTrust”), and its wholly-owned subsidiary, HomeTrust Bank (the “Bank”). As used throughout this report, the term the “Company” refers to HomeTrust and its consolidated subsidiary, unless the context otherwise requires.

Organization and Description of Business – HomeTrust was incorporated in Maryland on December 27, 2011 and became the holding company for the Bank on July 10, 2012 upon the completion of the Bank’s conversion from the mutual to stock form of organization (the “Conversion”). In connection with the Conversion, HomeTrust issued an aggregate of 21,160,000 shares of common stock at an offering price of $10.00 per share for gross proceeds of $211.6 million. HomeTrust received $208.2 million in net proceeds from the stock offering of which $104.1 million, or 50%, of the net proceeds were contributed to the Bank upon Conversion. Included in the issuance of shares was 1,058,000 shares to a newly formed ESOP for which HomeTrust loaned the ESOP $10,580,000 to purchase the shares. The Bank is a federally chartered savings bank headquartered in Asheville, North Carolina with thirty-four retail offices in North Carolina (including the Asheville metropolitan area and the “Piedmont” region), South Carolina (Greenville), and East Tennessee (including Kingsport/Johnson City, Knoxville, and Morristown). The business of the Bank is conducted through its seven operating divisions – HomeTrust Bank, Cherryville Federal Bank, Home Savings Bank of Eden, Industrial Federal Bank of Lexington, Shelby Savings Bank, Tryon Federal Bank, and Rutherford County Bank. All divisions operate under a single set of corporate policies and procedures and are recognized as a single banking segment for financial reporting purposes.

Accounting Principles – The accounting and reporting policies of the Company conform to accounting principles generally accepted in the United States (“US GAAP”).

Principles of Consolidation and Subsidiary Activities – The accompanying consolidated financial statements include the accounts of HomeTrust, the Bank, and its wholly-owned subsidiary, Western North Carolina Service Corporation (“WNCSC”) at or for the years ended June 30, 2014 and 2013, respectively, and of the Bank and WNCSC only for the year ended June 30, 2012. WNCSC owns office buildings in Asheville, North Carolina that are leased to the Bank. All intercompany items have been eliminated.

Cash Flows – Cash and cash equivalents include cash and interest-bearing deposits with initial terms to maturity of ninety days or less.

Securities – The Company classifies investment securities as trading, available for sale or held to maturity.

Securities available for sale are carried at fair value. These securities are used to execute asset/liability management strategies, manage liquidity, and leverage capital, and therefore may be sold prior to maturity. Adjustments for unrealized gains or losses, net of the income tax effect, are made to accumulated other comprehensive income, a separate component of total stockholders’ equity.

Securities held to maturity are stated at cost, net of unamortized balances of premiums and discounts. When these securities are purchased, the Company intends to and has the ability to hold such securities until maturity.

Declines in the fair value of individual securities available for sale or held to maturity below their cost that are other-than-temporary result in write-downs of the individual securities to their fair value. The related write-downs are included in earnings as realized losses. In estimating other-than-temporary impairment losses, the Company considers among other things, (i) the length of time and the extent to which the fair value has been less than cost, (ii) the financial condition and near-term prospects of the issuer, and (iii) the intent and ability of the Company to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery of the unrealized loss, and in the case of debt securities, whether it is more likely than not that the Company will be required to sell the security prior to a recovery.

Premiums and discounts are amortized or accreted over the life of the security as an adjustment to yield. Dividend and interest income are recognized when earned. Gains or losses on the sale of securities are recognized on a specific identification, trade date basis.

Loans – Loans are carried at their outstanding principal amount, less unearned income and deferred nonrefundable loan fees, net of certain origination costs. Interest income is recorded as earned on an accrual basis based on the contractual rate and the outstanding balance, except for non-accruing loans where interest is recorded as earned on a cash basis. Net deferred loan origination fees/costs are deferred and amortized to interest income over the life of the related loan. The premium or discount on purchased loans is amortized over the expected life of the loans and is included in interest income.

Loan Segments and Classes

The Company’s loan portfolio is grouped into two segments (retail consumer loans and commercial loans) and into four classes within each segment. The Company originates, services, and manages its loans based on these segments and classes. The Company’s portfolio segments and classes within those segments are subject to risks that could have an adverse impact on the credit quality of the loan portfolio. Management identified the risks described below as significant risks that are generally similar among the loan segments and classes.

Retail Consumer loan segment

The Company underwrites its retail consumer loans using automated credit scoring and analysis tools. These credit scoring tools take into account factors such as payment history, credit utilization, length of credit history, types of credit currently in use, and recent credit inquiries. To the extent that the loan is secured by collateral, the value of the collateral is also evaluated. Common risks to each class of retail consumer loans include general economic conditions within the Company’s markets, such as unemployment and potential declines in collateral values, and the personal circumstances of the borrowers. In addition to these common risks for the Company’s retail consumer loans, various retail consumer loan classes may also have certain risks specific to them.

One-to-four family and construction and land/lot loans are to individuals and are typically secured by 1-4 family residential property, undeveloped land, and partially developed land in anticipation of pending construction of a personal residence. Significant and rapid declines in real estate values can result in residential mortgage loan borrowers having debt levels in excess of the current market value of the collateral. Recent declines in value have led to unprecedented levels of foreclosures and losses within the banking industry. Construction and land/lot loans often experience delays in completion and cost overruns that exceed the borrower’s financial ability to complete the project. Such cost overruns can routinely result in foreclosure of partially completed and unmarketable collateral.

Home equity lines of credit are often secured by second liens on residential real estate, thereby making such loans particularly susceptible to declining collateral values. A substantial decline in collateral value could render the Company’s second lien position to be effectively unsecured. Additional risks include lien perfection inaccuracies and disputes with first lien holders that may further weaken collateral positions. Further, the open-end structure of these loans creates the risk that customers may draw on the lines in excess of the collateral value if there have been significant declines since origination.

Consumer loans include loans secured by deposit accounts or personal property such as automobiles, boats, and motorcycles, as well as unsecured consumer debt. The value of underlying collateral within this class is especially volatile due to potential rapid depreciation in values since date of loan origination in excess of principal repayment.

Commercial loan segment

The Company’s commercial loans are centrally underwritten based primarily on the customer’s ability to generate the required cash flow to service the debt in accordance with the contractual terms and conditions of the loan agreement. The Company’s commercial lenders and underwriters work to understand the borrower’s businesses and management experiences. The majority of the Company’s commercial loans are secured by collateral, so collateral values are important to the transaction. In commercial loan transactions where the principals or other parties provide personal guarantees, the Company’s commercial lenders and underwriters analyze the relative financial strength and liquidity of each guarantor. Risks that are common to the Company’s commercial loan classes include general economic conditions, demand for the borrowers’ products and services, the personal circumstances of the principals, and reductions in collateral values. In addition to these common risks for the Company’s commercial loans, the various commercial loan classes also have certain risks specific to them.

Construction and development loans are highly dependent on the supply and demand for commercial real estate in the Company’s markets as well as the demand for the newly constructed residential homes and lots being developed by the Company’s commercial loan customers. Prolonged deterioration in demand could result in significant decreases in the underlying collateral values and make repayment of the outstanding loans more difficult for the Company’s commercial borrowers.

Commercial real estate and commercial and industrial loans are primarily dependent on the ability of the Company’s commercial loan customers to achieve business results consistent with those projected at loan origination resulting in cash flow sufficient to service the debt. To the extent that a borrower’s actual business results significantly underperform the original projections, the ability of that borrower to service the Company’s loan on a basis consistent with the contractual terms may be at risk. While these loans and leases are generally secured by real property, personal property, or business assets such as inventory or accounts receivable, it is possible that the liquidation of the collateral will not fully satisfy the obligation.

Municipal leases are primarily made to volunteer fire departments and depend on the tax revenues received from the county or municipality. These leases are mainly secured by vehicles, fire stations, land, or equipment. The underwriting of the municipal leases is based on the cash flows of the fire department as well as projections of future income.

Credit Quality Indicators

Loans are monitored for credit quality on a recurring basis and the composition of the loans outstanding by credit quality indicator is provided below. Loan credit quality indicators are developed through review of individual borrowers on an ongoing basis. Generally, loans are monitored for performance on a quarterly basis with the credit quality indicators adjusted as needed. The indicators represent the rating for loans as of the date presented based on the most recent assessment performed. These credit quality indicators are defined as follows:

Pass—A pass rated asset is not adversely classified because it does not display any of the characteristics for adverse classification.

Special Mention—A special mention asset has potential weaknesses that deserve management’s close attention. If left uncorrected, such potential weaknesses may result in deterioration of the repayment prospects or collateral position at some future date. Special mention assets are not adversely classified and do not warrant adverse classification.

Substandard—A substandard asset is inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Assets classified as substandard generally have a well-defined weakness, or weaknesses, that jeopardize the liquidation of the debt. These assets are characterized by the distinct possibility of loss if the deficiencies are not corrected.

Doubtful—An asset classified doubtful has all the weaknesses inherent in an asset classified substandard with the added characteristic that the weaknesses make collection or liquidation in full highly questionable and improbable, on the basis of currently existing facts, conditions, and values.

Loss—Assets classified loss are considered uncollectible and of such little value that their continuing to be carried as an asset is not warranted. This classification is not necessarily equivalent to no potential for recovery or salvage value, but rather that it is not appropriate to defer a full write-off even though partial recovery may be effected in the future.

Loans Held for Sale—Loans held for sale are residential mortgages and are valued at the lower of cost or fair value less estimated costs to sell as determined by outstanding commitments from investors on a “best efforts” basis or current investor yield requirements, calculated on the aggregate loan basis. Loans sold are generally sold at par value and with servicing released.

Allowance for Loan Losses—The allowance for loan losses is management’s estimate of probable credit losses that are inherent in the Company’s loan portfolios at the balance sheet date. The allowance increases when the Company provides for loan losses through charges to operating earnings and when the Company recovers amounts from loans previously written down or charged off. The allowance decreases when the Company writes down or charges off loan amounts that are deemed uncollectible.

Management determines the allowance for loan losses based on periodic evaluations that are inherently subjective and require substantial judgment because the evaluations require the use of material estimates that are susceptible to significant change. The Company generally uses two allowance methodologies that are primarily based on management’s determination as to whether or not a loan is considered to be impaired.

All classified loans above a certain threshold meeting certain criteria are evaluated for impairment on a loan-by-loan basis and are considered impaired when it is probable, based on current information, that the borrower will be unable to pay contractual interest or principal as required by the loan agreement. Impaired loans below the threshold are evaluated as a pool with additional adjustments to the allowance for loan losses. Loans that experience insignificant payment delays and payment shortfalls are not necessarily considered 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 history, and the amount of the shortfall relative to the principal and interest owed. Impaired loans are measured at their estimated net realizable value based on either the value of the loan’s expected future cash flows discounted at the loan’s effective interest rate or on the collateral value, net of the estimated costs of disposal, if the loan is collateral dependent. For loans considered impaired, an individual allowance for loan losses is recorded when the loan principal balance exceeds the estimated net realizable value.

For loans not considered impaired, management determines the allowance for loan losses based on estimated loss percentages that are determined by and applied to the various classes of loans that comprise the segments of the Company’s loan portfolio. The estimated loss percentages by loan class are based on a number of factors that include by class (i) average historical losses over the past two years, (ii) levels and trends in delinquencies, impairments, and net charge-offs, (iii) trends in the volume, terms, and concentrations, (iv) trends in interest rates, (v) effects of changes in the Company’s risk tolerance, underwriting standards, lending policies, procedures, and practices, and (vi) national and local business and economic conditions.

Future material adjustments to the allowance for loan losses may be necessary due to changing economic conditions or declining collateral values. In addition, bank regulatory agencies, as an integral part of their examination process, periodically review the Company’s allowance for loan losses and may require the Company to make adjustments to the allowance for loan losses based upon judgments that differ significantly from those of management.

Nonperforming Assets—Nonperforming assets can include loans that are past due 90 days or more based on the loan’s contractual terms and continue to accrue interest, loans on which interest is not being accrued, and REO.

Loans Past Due 90 Days or More, Non-accruing, Impaired, or Restructured—The Company’s policies related to when loans are placed on non-accruing status conform to guidelines prescribed by bank regulatory authorities. Generally, the Company suspends the accrual of interest on loans (i) that are maintained on a cash basis because of the deterioration of the financial condition of the borrower, (ii) for which payment in full of principal or interest is not expected (impaired loans), or (iii) on which principal or interest has been in default for a period of 90 days or more, unless the loan is both well secured and in the process of collection. Under the Company’s cost recovery method, interest income is subsequently recognized only to the extent cash payments are received in excess of principal due. Loans are returned to accruing status when all principal and interest amounts contractually due are brought current and concern no longer exists as to the future collectability of principal and interest, which is generally confirmed when the loan demonstrates performance for six consecutive months or payment cycles.

Restructured loans to borrowers who are experiencing financial difficulty, and on which the Company has granted concessions that modify the terms of the loan, are accounted for as troubled debt restructurings (“TDRs”). These loans remain as TDRs until the loan has been paid in full, modified to its original terms, or charged off. The Company may place these loans on accrual or nonaccrual status depending on the individual facts and circumstances of the borrower. Generally, these loans are put on nonaccrual status until there is adequate performance that evidences the ability of the borrower to make the contractual payments. This period of performance is normally at least six months, and may include performance immediately prior to or after the modification, depending on the specific facts and circumstances of the borrower.

Loan Charge-offs—The Company charges off loan balances, in whole or in part to fair market value, when available, verifiable, and documentable information confirms that specific loans, or portions of specific loans, are uncollectible or unrecoverable. For unsecured loans, losses are confirmed when it can be determined that the borrower, or any guarantors, are unwilling or unable to pay the amounts as agreed. When the borrower, or any guarantor, is unwilling or unable to pay the amounts as agreed on a loan secured by collateral and any recovery will be realized upon the sale of the collateral, the loan is deemed to be collateral dependent. Repayments or recoveries for collateral dependent loans are directly affected by the value of the collateral at liquidation. As such, loan repayment can be affected by factors that influence the amount recoverable, the timing of the recovery, or a combination of the two. Such factors include economic conditions that affect the markets in which the loan or its collateral is sold, bankruptcy, repossession and foreclosure laws, and consumer banking regulations. Losses are also confirmed when the loan, or a portion of the loan, is classified as loss resulting from loan reviews conducted by the Company or its bank regulatory examiners.

Charge-offs of loans in the commercial loan segment are recognized when the uncollectibility of the loan balance and the inability to recover sufficient value from the sale of any collateral securing the loan is confirmed. The uncollectibility of the loan balance is evidenced by the inability of the commercial borrower to generate cash flows sufficient to repay the loan as agreed causing the loan to become delinquent. For collateral dependent commercial loans, the Company determines the net realizable value of the collateral based on appraisals, current market conditions, and estimated costs to sell the collateral. For collateral dependent commercial loans where the loan balance, including any accrued interest, net deferred fees or costs, and unamortized premiums or discounts, exceeds the net realizable value of the collateral securing the loan, the deficiency is identified as unrecoverable, is deemed to be a confirmed loss, and is charged off.

Charge-offs of loans in the retail consumer loan segment are generally confirmed and recognized in a manner similar to loans in the commercial loan segment. Secured retail consumer loans that are identified as uncollectible and are deemed to be collateral dependent are confirmed as loss to the extent the net realizable value of the collateral is insufficient to recover the loan balance. Consumer loans not secured by real estate that become 90 days past due are charged off to the extent that the fair value of any collateral, less estimated costs to sell the collateral, is insufficient to recover the loan balance. Consumer loans secured by real estate that become 120 days past due are charged off to the extent that the fair value of the real estate securing the loan, less estimated costs to sell the collateral, is insufficient to recover the loan balance. Loans to borrowers in bankruptcy are subject to modification by the bankruptcy court and are charged off to the extent that the fair value of any collateral securing the loan, less estimated costs to sell the collateral, is insufficient to recover the loan balance, unless the Company expects repayment is likely to occur. Such loans are charged off within 60 days of the receipt of notification from a bankruptcy court or when the loans become 120 days past due, whichever is shorter.

Purchased Performing Loans—The Company accounts for purchased performing loans acquired in business combinations using the contractual cash flows method of recognizing discount accretion based on the acquired loans’ contractual cash flows. The Company records purchased performing loans at fair value, including a credit discount. The fair value discount is accreted as an adjustment to yield over the estimated lives of the loans. There is no allowance for loan losses established for purchased performing loans, however a provision for loan losses is recorded for any further deterioration in these loans subsequent to the acquisition.

Purchased Credit-Impaired Loans—The Company considers loans purchased with evidence of credit deterioration and for which it is probable that all contractually required payments will not be collected as purchased credit-impaired (“PCI”) loans. Evidence of credit quality deterioration as of the purchase date may include the internal loan risk grade, delinquent and nonaccrual status, recent credit scores, and recent loan-to-value percentages. The Company initially records PCI loans at fair value, which includes estimated future credit losses expected to be incurred over the life of the loan. Thus, no allowance for loan losses is established for PCI loans. The Company estimates the cash flows expected to be collected at the purchase date using specific credit reviews of certain loans and quantitative models incorporating credit risk, prepayment assumptions, and various other factors. The excess of cash flows expected to be collected over the estimated fair value is the accretable yield and is recognized in interest income over the remaining life of the loan. The difference between the contractually required payments and the cash flows expected to be collected at the purchase date, considering the impact of prepayments, is the nonaccretable difference and is available to absorb future loan chargeoffs.

Real Estate Owned—REO consists of real estate acquired as a result of customers’ loan defaults. REO is stated at the lower of the related loan balance or the fair value of the property net of the estimated costs of disposal with a charge to the allowance for loan losses upon foreclosure. Any write-downs subsequent to foreclosure are charged against operating earnings. To the extent recoverable, costs relating to the development and improvement of property are capitalized, whereas those costs relating to holding the property are charged to expense.

Premises and Equipment—Premises and equipment are stated at cost less accumulated depreciation. Depreciation is computed using the 150% declining balance method and the straight-line method over the estimated useful lives which range from fifteen to forty years for buildings and three to ten years for furniture, fixtures, and equipment. Maintenance and repair costs are expensed as incurred.

Federal Home Loan Bank Stock—As a requirement for membership, the Bank invests in stock of the FHLB of Atlanta. This investment is carried at cost. Due to the redemption provisions of the FHLB, the Bank estimated that fair value equals cost and that this investment was not impaired at June 30, 2014 and June 30, 2013.

Business Combinations—The Company uses the acquisition method of accounting, formerly referred to as the purchase method, for all business combinations. An acquirer must be identified for each business combination, and the acquisition date is the date the acquirer achieves control. The acquisition method of accounting requires the Company as acquirer to recognize the fair value of assets acquired and liabilities assumed at the acquisition date as well as recognize goodwill or a gain from a bargain purchase, if appropriate. Any acquisition-related costs and restructuring costs are recognized as period expenses as incurred.

Goodwill—Goodwill represents the excess of the purchase price over the sum of the estimated fair values of the tangible and identifiable intangible assets acquired less the estimated fair value of the liabilities assumed in a business combination. Goodwill has an indefinite useful life and is evaluated for impairment annually or more frequently if events and circumstances indicate that the asset might be impaired. An impairment loss is recognized to the extent that the carrying amount exceeds the asset’s fair value. The goodwill impairment analysis is a two-step process. The first step, used to identify potential impairment, involves comparing each reporting unit’s estimated fair value to its carrying value, including goodwill. If the estimated fair value of a reporting unit exceeds its carrying value, goodwill is considered not to be impaired. If the carrying value exceeds estimated fair value, there is an indication of potential impairment and the second step is performed to measure the amount of impairment.

If required, the second step involves calculating an implied fair value of goodwill for each reporting unit for which the first step indicated impairment. The implied fair value of goodwill is determined in a manner similar to the amount of goodwill calculated in a business combination, by measuring the excess of the estimated fair value of the reporting unit, as determined in the first step, over the aggregate estimated fair values of the individual assets, liabilities and identifiable intangibles as if the reporting unit was being acquired in a business combination. If the implied fair value of goodwill exceeds the carrying value of goodwill assigned to the reporting unit, there is no impairment. If the carrying value of goodwill assigned to a reporting unit exceeds the implied fair value of the goodwill, an impairment charge is recorded for the excess. An impairment loss cannot exceed the carrying value of goodwill assigned to a reporting unit, and the loss establishes a new basis in the goodwill. Subsequent reversal of goodwill impairment losses is not permitted.

Core Deposit Intangibles—Core deposit intangibles represents the estimated value of long-term deposit relationships acquired in business combinations. These core deposit premiums are amortized using the straight-line method over the estimated useful lives of the related deposits typically between five and ten years. The estimated useful lives are periodically reviewed for reasonableness.

Income Taxes—The Company accounts for income taxes using the asset and liability method. Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Deferred tax assets are reduced, if necessary, by the amount of such benefits that are not expected to be realized based upon available evidence.

The Company recognizes interest and penalties accrued relative to unrecognized tax benefits in its respective federal or state income taxes accounts. As of June 30, 2014 and June 30, 2013, there were no accruals for uncertain tax positions and no accruals for interest and penalties. HomeTrust and the Bank file a consolidated United States federal income tax return, as well as separate unconsolidated North Carolina state income tax returns. The Company’s income tax returns subsequent to 2010 are subject to examination by the taxing authorities.

Employee Stock Ownership Plan—In connection with the Conversion, the Bank established an ESOP for the benefit of all of its eligible employees. Full-time employees of the Company and the Bank who have been credited with at least 1,000 hours of service during a 12-month period and who have attained age 21 are eligible to participate in the ESOP. It is anticipated that the Bank will make contributions to the ESOP in amounts necessary to amortize the ESOP loan payable to the Company over a 20 year period.

Unearned ESOP shares are shown as a reduction of stockholders’ equity. Dividends on unearned ESOP shares, if paid, will be considered to be compensation expense. The Company recognizes compensation expense equal to the fair value of the Company’s ESOP shares during the periods in which they become committed to be released. To the extent that the fair value of the Company’s ESOP shares differs from the cost of such shares, the differential is recognized as additional paid in capital. The Company recognizes a tax deduction equal to the cost of the shares released. Because the ESOP is internally leveraged through a loan from the Company to the ESOP, the loan receivable by the Company from the ESOP is not reported as an asset nor is the debt of the ESOP shown as a liability in the consolidated financial statements.

Equity Incentive Plan—The Company issues restricted stock and stock options under the HomeTrust Bancshares, Inc. 2013 Omnibus Incentive Plan (“2013 Omnibus Incentive Plan”) to key officers and outside directors. In accordance with the requirements of Accounting Standards Codification (“ASC”) 718, Compensation – Stock Compensation, the Company has adopted a fair value based method of accounting for employee stock compensation plans, whereby compensation cost is measured based on the fair value of the award as of the grant date and recognized over the vesting period. The Company estimates forfeitures when recognizing compensation expense and this estimate is adjusted over the requisite service period or vesting schedule based on the extent to which actual forfeitures differ from such estimate. Changes in estimated forfeitures in future periods are recognized through a cumulative catch-up adjustment, which is recognized in the period of change and also will affect the amount of estimated unamortized compensation expense to be recognized in future periods.

Comprehensive Income—Comprehensive income consists of net income and net unrealized gains (losses) on securities available for sale and is presented in the consolidated statements of comprehensive income.

Derivative Instruments and Hedging—The Company recognizes all derivatives as either assets or liabilities in the balance sheet, and measures those instruments at fair value. Changes in the fair value of those derivatives are reported in current earnings or other comprehensive income depending on the purpose for which the derivative is held and whether the derivative qualifies for hedge accounting. Loan commitments related to the origination or acquisition of mortgage loans that will be held for sale must be accounted for as derivative instruments. The Company enters into commitments to originate loans whereby the interest rate on the loan is determined prior to funding (rate lock commitments). The Company also enters into forward sales commitments for the mortgage loans underlying the rate lock commitments. The fair values of these two derivative financial instruments are collectively insignificant to the consolidated financial statements.

Use of Estimates in Financial Statements—The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates.

Reclassifications—Certain amounts in the 2013 consolidated financial statements have been reclassified to conform to the statement presentation for 2014. Such reclassifications have no effect on net income or retained earnings as previously reported.

Recent Accounting Pronouncements—In July 2012, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2012-02 “Testing Indefinite-Lived Intangible Assets for Impairment”, regarding goodwill which will allow an entity to first assess qualitative factors to determine whether it is necessary to perform the two-step quantitative goodwill impairment test. Under this ASU, an entity would not be required to calculate the fair value of a reporting unit unless the entity determines, based on a qualitative assessment, that it is more likely than not that its fair value is less than its carrying amount. The ASU includes a number of events and circumstances for an entity to consider in conducting the qualitative assessment. The guidance was effective for annual and interim goodwill impairment tests performed for fiscal years beginning after September 15, 2012. Early adoption was permitted, including for annual and interim goodwill impairment tests performed as of a date before July 27, 2012, if an entity’s financial statements for the most recent annual or interim period have not yet been issued or, for nonpublic entities, have not yet been made available for issuance. The adoption of this ASU did not have a material impact on the Company’s Consolidated Financial Statements.

In February 2013, the FASB issued ASU 2013-02 “Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income”. This ASU requires an entity to provide information about the amounts reclassified out of accumulated other comprehensive income by component. In addition, an entity is required to present, either on the face of the statement where net income is presented or in the notes, significant amounts reclassified out of accumulated other comprehensive income by the respective line items of net income but only if the amount reclassified is required under US GAAP to be reclassified to net income in its entirety in the same reporting period. For other amounts that are not required under US GAAP to be reclassified in their entirety to net income, an entity is required to cross-reference to other disclosures required under US GAAP that provide additional detail about these amounts. The new guidance was effective prospectively for reporting periods beginning after December 15, 2012. The adoption of this ASU did not have a material impact on the Company’s Consolidated Financial Statements.

In July 2013, the FASB issued ASU No. 2013-11 “Income Taxes (Topic 740): Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists”. This ASU provides guidance on financial statement presentation of an unrecognized tax benefit when a net operating loss (“NOL”) carryforward, a similar tax loss, or a tax credit carryforward exists. This ASU applies to all entities with unrecognized tax benefits that also have tax loss or tax credit carryforwards in the same tax jurisdiction as of the reporting date. The new guidance is effective for fiscal years, and interim periods within those years, beginning after December 15, 2013 with early adoption permitted. Since the Company does not have any unrecognized tax benefits, the adoption of the ASU did not have a material impact on the Company’s Consolidated Financial Statements.

In January 2014, the FASB issued ASU No. 2014-04, "Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure." The objective of this guidance is to clarify when an in substance repossession or foreclosure occurs, that is, when a creditor should be considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan such that the loan receivable should be derecognized and the real estate property recognized. ASU No. 2014-04 states that an in substance repossession or foreclosure occurs, and a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan, upon either (1) the creditor obtaining legal title to the residential real estate property upon completion of a foreclosure or (2) the borrower conveying all interest in the residential real estate property to the creditor to satisfy that loan through completion of a deed in lieu of foreclosure or through a similar legal agreement. Additionally, ASU No. 2014-04 requires interim and annual disclosure of both (1) the amount of foreclosed residential real estate property held by the creditor and (2) the recorded investment in consumer mortgage loans collateralized by residential real estate property that are in the process of foreclosure according to local requirements of the applicable jurisdiction. ASU No. 2014-04 is effective for interim and annual reporting periods beginning after December 15, 2014. The adoption of ASU No. 2014-04 is not expected to have a material impact on the Company's Consolidated Financial Statements.

2. Business Combinations

12 Months Ended

Jun. 30, 2014

Notes

2. Business Combinations

2. Business Combinations

On May 31, 2014, the Company completed its acquisition of Jefferson Bancshares, Inc. (“Jefferson”) in accordance with the terms of the Agreement and Plan of Merger dated January 22, 2014. Under the terms of the agreement, Jefferson shareholders received 0.2661 shares of HomeTrust common stock, and $4.00 in cash for each share of Jefferson common stock. This represents approximately $50.5 million of aggregate deal consideration.

Jefferson was accounted for using the acquisition method of accounting and, accordingly, assets acquired, liabilities assumed and consideration exchanged were recorded at acquisition date fair values. Fair values are preliminary and subject to refinement for up to one year after the closing date of the acquisition as additional information regarding the closing date fair values becomes available. The excess of the merger consideration over the fair value of Jefferson’s net assets was allocated to goodwill. The book value as of May 31, 2014, of assets acquired was $494.3 million and liabilities assumed was $441.9 million. The Company recorded $7.0 million in goodwill related to the acquisition.

The following table presents the consideration paid by the Company in the acquisition of Jefferson and the assets acquired and liabilities assumed as of May 31, 2014:

				Fair Value and
		As Recorded		Other Merger		As Recorded
		by		Related		by the
		Jefferson		Adjustments		Company

Consideration Paid
Cash paid including cash in lieu of fractional shares					$	25,251
Fair value of HomeTrust common stock at $15.03 per share						25,239
Total consideration					$	50,490

Assets
Cash and cash equivalents	$	18,325	$	-	$	18,325
Securities available for sale		85,744		(700)		85,044
Loans, net of allowance		338,616		(9,134)		329,482
FHLB Stock		4,635		-		4,635
REO		3,288		-		3,288
Premises and equipment, net		24,662		(1,311)		23,351
Accrued interest receivable		1,367		(90)		1,277
Deferred income taxes		9,606		3,395		13,001
Core deposit intangibles		847		2,683		3,530
Other assets		7,171		-		7,171
Total assets acquired	$	494,261	$	(5,157)	$	489,104

Liabilities
Deposits	$	376,985	$	371	$	377,356
Other borrowings		55,081		858		55,939
Subordinated debentures		7,460		2,540		10,000
Other liabilities		2,332		-		2,332
Total liabilities assumed	$	441,858	$	3,769	$	445,627
Net identifiable assets acquired over liabilities assumed	$	52,403	$	(8,926)		43,477
Goodwill					$	7,013

The following table discloses the impact of the merger with Jefferson since the acquisition on May 31, 2014 through June 30, 2014. The table also presents certain pro forma information as if Jefferson had been acquired on July 1, 2013 and July 1, 2012. These results combine the historical results of Jefferson in the Company’s Consolidated Statement of Income and, while certain adjustments were made for the estimated impact of certain fair value adjustments and other acquisition-related activity, they are not indicative of what would have occurred had the acquisition taken place on July 1, 2013 and July 1, 2012. Acquisition related costs of $1,157, net of tax ($837 of which are included in the Company’s consolidated statements of income for the year ended June 30, 2014) are not included in the pro forma statements below. Furthermore, expenses related to systems conversions and other costs of integration are expected to be recorded throughout fiscal year 2015. Additionally, the Company expects to achieve further operating cost savings as a result of the acquisition which are not reflected in the pro forma amounts below:

		Actual		Pro Forma		Pro Forma
		Year Ended		Year Ended		Year Ended
		June 30, 2014		June 30, 2014		June 30, 2013

Total revenues*	$	63,587	$	81,663	$	84,060
Net income		12,225		11,406		11,868

* Net interest income plus other income

The carrying amount of acquired loans from Jefferson as of May 31, 2014 consisted of purchased performing loans and purchased impaired loans as detailed in the following table:

		Purchased		Purchased		Total
		Performing		Impaired		Loans
Retail Consumer Loans:
One-to four- family	$	74,378	$	6,066	$	80,444
Home equity lines of credit		16,857		18		16,875
Construction and land/lots		7,810		924		8,734
Consumer		3,690		2		3,692
Commercial:
Commercial real estate		118,534		15,649		134,183
Construction and development		24,658		1,012		25,670
Commercial and industrial		52,863		6,350		59,213
Total	$	298,790	$	30,021	$	328,811

On July 31, 2013, the Company completed its acquisition of BankGreenville Financial Corporation (“BankGreenville”) in accordance with the terms of the Agreement and Plan of Merger dated May 3, 2013. Under the terms of the agreement, BankGreenville shareholders received $6.63 per share in cash consideration. This represents approximately $7.8 million of aggregate deal consideration. Additional contingent cash consideration of up to $0.75 per share (or approximately $883,000) may be realized at the expiration of 24 months based on the performance of a select pool of loans totaling approximately $8.0 million.

BankGreenville was accounted for using the acquisition method of accounting and, accordingly, assets acquired, liabilities assumed and consideration exchanged were recorded at acquisition date fair values. Fair values are preliminary and subject to refinement for up to one year after the closing date of the acquisition as additional information regarding the closing date fair values becomes available. The excess of the merger consideration over the fair value of BankGreenville’s net assets was allocated to goodwill. The book value as of July 31, 2013, of assets acquired was $102.2 million and liabilities assumed was $94.1 million. The Company recorded $2.8 million in goodwill related to the acquisition.

The following table presents the consideration paid by the Company in the acquisition of BankGreenville and the assets acquired and liabilities assumed as of July 31, 2013:

				Fair Value and
		As Recorded		Other Merger		As Recorded
		by		Related		by the
		BankGreenville		Adjustments		Company
Consideration Paid
Cash					$	7,823
Repayment of BankGreenville preferred stock						1,050
Contingent cash consideration ⁽¹⁾						680
Total consideration					$	9,553

Assets
Cash and cash equivalents	$	10,348	$	-	$	10,348
Securities available for sale		34,345		-		34,345
Loans, net of allowance		51,622		(3,792)		47,830
FHLB Stock		447		-		447
REO		2,317		(168)		2,149
Premises and equipment, net		2,458		(117)		2,341
Accrued interest receivable		429		-		429
Deferred tax asset		-		2,470		2,470
Core deposit intangibles		-		530		530
Other assets		214		-		214
Total assets acquired	$	102,180	$	(1,077)	$	101,103

Liabilities
Deposits	$	88,906	$	201	$	89,107
Other borrowings		4,700		34		4,734
Other liabilities		511		-		511
Total liabilities assumed	$	94,117	$	235	$	94,352
Net identifiable assets acquired over liabilities assumed	$	8,063	$	(1,312)		6,751
Goodwill					$	2,802

⁽¹⁾Estimate of additional amount to be paid to shareholders on or about July 31, 2015 based on performance of a select pool of loans totaling approximately $8.0 million.

The following table discloses the impact of the merger with BankGreenville since the acquisition on July 31, 2013 through June 30, 2014. The table also presents certain pro forma information as if BankGreenville had been acquired on July 1, 2013 and July 1, 2012. These results combine the historical results of BankGreenville in the Company’s Consolidated Statement of Income and, while certain adjustments were made for the estimated impact of certain fair value adjustments and other acquisition-related activity, they are not indicative of what would have occurred had the acquisition taken place on July 1, 2013 and July 1, 2012. Acquisition related costs of $957, net of tax ($249 of which are included in the Company’s consolidated statements of income for the year ended June 30, 2014) are not included in the pro forma statements below. In particular, no adjustments have been made to eliminate the impact of REO write-downs recognized by BankGreenville of $250 in July 2013 that may not have been necessary had the acquired REO been recorded at fair value as of the beginning of fiscal year 2013. Furthermore, expenses related to systems conversions and other costs of integration are expected to be recorded throughout fiscal year 2015. Additionally, the Company expects to achieve further operating cost savings as a result of the acquisition which are not reflected in the pro forma amounts below:

		Actual		Pro Forma		Pro Forma
		Year Ended		Year Ended		Year Ended
		June 30, 2014		June 30, 2014		June 30, 2013

Total revenues*	$	63,587	$	63,844	$	65,996
Net income		12,481		9,588		9,326

* Net interest income plus other income

The carrying amount of acquired loans from BankGreenville as of July 31, 2013 consisted of purchased performing loans and purchased impaired loans as detailed in the following table:

		Purchased		Purchased		Total
		Performing		Impaired		Loans
Retail Consumer Loans:
One-to four- family	$	8,274	$	1,392	$	9,666
Home equity lines of credit		3,987		134		4,121
Consumer		522		-		522
Commercial:
Commercial real estate		23,073		4,552		27,625
Construction and development		2,367		3,529		5,896
Total	$	38,223	$	9,607	$	47,830

- Definition

The entire disclosure for a business combination (or series of individually immaterial business combinations) completed during the period, including background, timing, and recognized assets and liabilities. The disclosure may include leverage buyout transactions (as applicable).

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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+ Details

3. Securities Available For Sale

12 Months Ended

Jun. 30, 2014

Notes

3. Securities Available For Sale

3. Securities Available for Sale

Securities available for sale consist of the following at the dates indicated:

	June 30, 2014
				Gross		Gross		Estimated
		Amortized		Unrealized		Unrealized		Fair
		Cost		Gains		Losses		Value
U.S. Government Agencies	$	38,085	$	45	$	(37)	$	38,093
Residential Mortgage-backed Securities
of U.S. Government Agencies and
Government-Sponsored Enterprises		111,430		393		(412)		111,411
Municipal Bonds		15,951		282		(13)		16,220
Corporate Bonds		2,912		113				3,025
Total	$	168,378	$	833	$	(462)	$	168,749

	June 30, 2013
				Gross		Gross		Estimated
		Amortized		Unrealized		Unrealized		Fair
		Cost		Gains		Losses		Value
U.S. Government Agencies	$	6,000	$	2	$	-	$	6,002
Residential Mortgage-backed Securities
of U.S. Government Agencies and
Government-Sponsored Enterprises		18,794		81		(127)		18,748
Total	$	24,794	$	83	$	(127)	$	24,750

Debt securities available for sale by contractual maturity at the dates indicated are shown below. Mortgage-backed securities are not included in the maturity categories because the borrowers in the underlying pools may prepay without penalty; therefore, it is unlikely that the securities will pay at their stated maturity schedule.

	June 30, 2014
		Amortized		Estimated
		Cost		Fair Value
Due within one year	$	8,555	$	8,555
Due after one year through five years		21,001		21,008
Due after five years through ten years		22,323		22,649
Due after ten years		5,069		5,126
Mortgage-backed securities		111,430		111,411
Total	$	168,378	$	168,749

	June 30, 2013
		Amortized		Estimated
		Cost		Fair Value
Due within one year	$	-	$	-
Due after one year through five years		6,000		6,002
Due after five years through ten years		-		-
Due after ten years		-		-
Mortgage-backed securities		18,794		18,748
Total	$	24,794	$	24,750

Gross proceeds and gross realized gains and losses from sales of securities recognized in net income follow:

	June 30,
		2014		2013		2012
Gross proceeds from sales of securities	$	2,086	$	-	$	-
Gross realized gains from sales of securities		42		-		-
Gross realized losses from sales of securities		(32)		-		-

Securities available for sale with costs totaling $51,036 and $21,429 with market values of $51,297 and $21,500 at June 30, 2014 and June 30, 2013, respectively, were pledged as collateral to secure various public deposits and retail repurchase agreements.

The gross unrealized losses and the fair value for securities available for sale aggregated by the length of time that individual securities have been in a continuous unrealized loss position as of June 30, 2014 and June 30, 2013 were as follows:

	June 30, 2014
	Less than 12 Months				12 Months or More				Total
		Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
		Value		Losses		Value		Losses		Value		Losses
U.S. Government Agencies	$	19,475	$	(37)	$	-	$	-	$	19,475	$	(37)
Residential Mortgage-backed
Securities of U.S. Government
Agencies and Government-
Sponsored Enterprises		75,761		(399)		162		(13)		75,923		(412)
Municipal Bonds		6,668		(13)		-		-		6,668		(13)
Total	$	101,904	$	(449)	$	162	$	(13)	$	102,066	$	(462)

	June 30, 2013
	Less than 12 Months				12 Months or More				Total
		Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
		Value		Losses		Value		Losses		Value		Losses
Residential Mortgage-backed
Securities of U.S. Government
Agencies and Government-
Sponsored Enterprises	$	5,707	$	(122)	$	745	$	(5)	$	6,452	$	(127)
Total	$	5,707	$	(122)	$	745	$	(5)	$	6,452	$	(127)

The total number of securities with unrealized losses at June 30, 2014, and June 30, 2013 were 159 and 26, respectively. Unrealized losses on securities have not been recognized in income because management has the intent and ability to hold the securities for the foreseeable future, and has determined that it is not more likely than not that the Company will be required to sell the securities prior to a recovery in value. The decline in fair value was largely due to increases in market interest rates. The Company had no other than temporary impairment losses during the years ended June 2014, 2013 or 2012.

The Bank, as a member of the FHLB, is required to maintain an investment in FHLB capital stock. No ready market exists for the FHLB stock and the carrying value approximates its fair value based on the redemption provisions of the FHLB.

4. Loans

12 Months Ended

Jun. 30, 2014

Notes

4. Loans

4. Loans

Loans consist of the following at the dates indicated:

		June 30,		June 30,
		2014		2013
Retail consumer loans:
One- to four- family	$	660,200	$		602,050
Home equity lines of credit		148,379			125,676
Construction and land/lots		59,249			51,546
Consumer		15,164			3,349
Total retail consumer loans		882,992			783,621
Commercial loans:
Commercial real estate		377,769			231,086
Construction and development		56,457			23,994
Commercial and industrial		74,435			11,452
Municipal leases		106,215			116,377
Total commercial loans		614,876			382,909
Total loans		1,497,868			1,165,530
Deferred loan fees, net		(1,340)			(1,347)
Total loans, net of deferred loan fees and discount		1,496,528			1,164,183
Allowance for loan and lease losses		(23,429)			(32,073)
Net loans	$	1,473,099	$		1,132,110

All qualifying first mortgage loans, home equity lines of credit, and FHLB Stock are pledged as collateral by a blanket pledge to secure outstanding FHLB advances.

The Company’s total loans by segment, class, and risk grade at the dates indicated follow:

				Special
		Pass		Mention		Substandard		Doubtful		Loss		Total
June 30, 2014
Retail consumer loans:
One- to four- family	$	607,313	$	17,639	$	32,331	$	2,907	$	10	$	660,200
Home equity lines of credit		141,015		1,605		5,337		420		2		148,379
Construction and land/lots		56,165		1,878		1,093		113		-		59,249
Consumer		14,957		94		97		13		3		15,164
Commercial loans:
Commercial real estate		334,290		16,931		24,604		1,944		-		377,769
Construction and development		43,779		5,096		7,012		570		-		56,457
Commercial and industrial		71,128		873		2,431		-		3		74,435
Municipal leases		104,404		1,811		-		-		-		106,215
Total loans	$	1,373,051	$	45,927	$	72,905	$	5,967	$	18	$	1,497,868

				Special
		Pass		Mention		Substandard		Doubtful		Loss		Total
June 30, 2013
Retail consumer loans:
One- to four- family	$	536,603	$	14,003	$	47,753	$	3,671	$	20	$	602,050
Home equity lines of credit		117,438		1,374		6,679		184		1		125,676
Construction and land/lots		48,914		209		2,199		224		-		51,546
Consumer		3,144		62		134		6		3		3,349
Commercial loans:
Commercial real estate		179,310		20,105		27,116		4,555		-		231,086
Construction and development		9,872		2,853		10,950		318		1		23,994
Commercial and industrial		8,812		835		1,647		157		1		11,452
Municipal leases		114,418		1,959		-		-		-		116,377
Total loans	$	1,018,511	$	41,400	$	96,478	$	9,115	$	26	$	1,165,530

The Company’s total loans by segment, class, and delinquency status at the dates indicated follows:

		Past Due								Total
		30-89 Days		90 Days+		Total		Current		Loans
June 30, 2014
Retail consumer loans:
One- to four- family	$	4,929	$	8,208	$	13,137	$	647,063	$	660,200
Home equity lines of credit		400		939		1,339		147,040		148,379
Construction and land/lots		508		122		630		58,619		59,249
Consumer		34		16		50		15,114		15,164
Commercial loans:
Commercial real estate		306		6,729		7,035		370,734		377,769
Construction and development		1,165		3,789		4,954		51,503		56,457
Commercial and industrial		183		576		759		73,676		74,435
Municipal leases		-		-		-		106,215		106,215
Total loans	$	7,525	$	20,379	$	27,904	$	1,469,964	$	1,497,868

		Past Due								Total
		30-89 Days		90 Days+		Total		Current		Loans
June 30, 2013
Retail consumer loans:
One- to four- family	$	7,031	$	8,827	$	15,858	$	586,192	$	602,050
Home equity lines of credit		450		1,656		2,106		123,570		125,676
Construction and land/lots		242		429		671		50,875		51,546
Consumer		4		35		39		3,310		3,349
Commercial loans:
Commercial real estate		3,805		7,085		10,890		220,196		231,086
Construction and development		-		5,420		5,420		18,574		23,994
Commercial and industrial		193		172		365		11,087		11,452
Municipal leases		-		-		-		116,377		116,377
Total loans	$	11,725	$	23,624	$	35,349	$	1,130,181	$	1,165,530

The Company’s recorded investment in loans, by segment and class, that are not accruing interest or are 90 days or more past due and still accruing interest at the dates indicated follow:

		June 30, 2014				June 30, 2013
				90 Days + &				90 Days + &
		Non-accruing		still accruing		Non-accruing		still accruing
Retail consumer loans:
One- to four- family	$	17,968	$	-	$	29,811	$	-
Home equity lines of credit		3,114		-		3,793		-
Construction and land/lots		688		-		2,172		-
Consumer		27		-		42		-
Commercial loans:
Commercial real estate		16,941		-		21,149		-
Construction and development		6,270		-		10,172		-
Commercial and industrial		2,003		-		1,422		-
Municipal leases		-		-		-		-
Total loans	$	47,011	$	-	$	68,561	$	-

TDRs are loans which have renegotiated loan terms to assist borrowers who are unable to meet the original terms of their loans. Such modifications to loan terms may include a lower interest rate, a reduction in principal, or a longer term to maturity. Additionally, all TDRs are considered impaired.

The Company’s loans that were performing under the payment terms of TDRs that were excluded from non-accruing loans above at the dates indicated follow:

		June 30,		June 30,
		2014		2013
Performing TDRs included in
impaired loans	$	22,179	$	14,012

An analysis of the allowance for loan losses by segment for the periods shown is as follows:

	June 30, 2014
		Retail
		Consumer		Commercial		Total
Balance at beginning of period	$	21,952	$	10,121	$	32,073
Provision for loan losses		(3,447)		(2,853)		(6,300)
Charge-offs		(4,436)		(901)		(5,337)
Recoveries		1,662		1,331		2,993
Balance at end of period	$	15,731	$	7,698	$	23,429

	June 30, 2013
		Retail
		Consumer		Commercial		Total
Balance at beginning of period	$	21,172	$	13,928	$	35,100
Provision for loan losses		3,641		(2,541)		1,100
Charge-offs		(3,715)		(3,276)		(6,991)
Recoveries		854		2,010		2,864
Balance at end of period	$	21,952	$	10,121	$	32,073

	June 30, 2012
		Retail
		Consumer		Commercial		Total
Balance at beginning of period	$	23,538	$	26,602	$	50,140
Provision for loan losses		14,021		1,579		15,600
Charge-offs		(16,749)		(16,063)		(32,812)
Recoveries		362		1,810		2,172
Balance at end of period	$	21,172	$	13,928	$	35,100

The Company’s ending balances of loans and the related allowance, by segment and class, at the dates indicated follows:

		Allowance for Loan Losses						Total Loans Receivable
		Loans						Loans
		individually		Loans				individually		Loans
		evaluated for		Collectively				evaluated for		Collectively
		impairment		Evaluated		Total		impairment		Evaluated		Total
June 30, 2014
Retail consumer loans:
One- to four- family	$	493	$	10,034	$	10,527	$	23,929	$	636,271	$	660,200
Home equity		134		2,353		2,487		3,014		145,365		148,379
Construction and land/lots		379		2,041		2,420		1,735		57,514		59,249
Consumer		3		294		297		10		15,154		15,164
Commercial loans:
Commercial real estate		26		5,413		5,439		13,784		363,985		377,769
Construction and development		26		1,215		1,241		5,571		50,886		56,457
Commercial and industrial		3		246		249		2,378		72,057		74,435
Municipal leases		-		769		769		-		106,215		106,215
Total	$	1,064	$	22,365	$	23,429	$	50,421	$	1,447,447	$	1,497,868

		Allowance for Loan Losses						Total Loans Receivable
		Loans						Loans
		individually		Loans				individually		Loans
		evaluated for		Collectively				evaluated for		Collectively
		impairment		Evaluated		Total		impairment		Evaluated		Total

June 30, 2013
Retail consumer loans:
One- to four- family	$	1,028	$	14,070	$	15,098	$	35,255	$	566,795	$	602,050
Home equity		479		3,348		3,827		4,322		121,354		125,676
Construction and land/lots		19		2,871		2,890		1,844		49,702		51,546
Consumer		3		135		138		3		3,346		3,349
Commercial loans:
Commercial real estate		110		6,473		6,583		19,446		211,640		231,086
Construction and development		255		2,144		2,399		9,780		14,214		23,994
Commercial and industrial		1		155		156		2,305		9,147		11,452
Municipal leases		-		982		982		-		116,377		116,377
Total	$	1,895	$	30,178	$	32,073	$	72,955	$	1,092,575	$	1,165,530

The Company’s impaired loans and the related allowance, by segment and class, at the dates indicated follows:

		Total Impaired Loans
		With a		With No				Related
		Recorded		Recorded				Recorded
		Allowance		Allowance		Total		Allowance
June 30, 2014
Retail consumer loans:
One- to four- family	$	17,379	$	14,614	$	31,993	$	678
Home equity lines of credit		2,445		2,305		4,750		166
Construction and land/lots		1,737		109		1,846		411
Consumer		16		11		27		3
Commercial loans:
Commercial real estate		6,228		9,114		15,342		166
Construction and development		1,043		5,088		6,131		54
Commercial and industrial		835		1,903		2,738		13
Municipal leases		-		-		-		-
Total impaired loans	$	29,683	$	33,144	$	62,827	$	1,491

		Total Impaired Loans
		With a		With No				Related
		Recorded		Recorded				Recorded
		Allowance		Allowance		Total		Allowance
June 30, 2013
Retail consumer loans:
One- to four- family	$	14,194	$	30,219	$	44,413	$	1,176
Home equity lines of credit		3,303		2,651		5,954		518
Construction and land/lots		551		1,649		2,200		38
Consumer		39		3		42		4
Commercial loans:
Commercial real estate		998		22,716		23,714		119
Construction and development		518		10,034		10,552		256
Commercial and industrial		-		2,864		2,864		-
Municipal leases		-		-		-		-
Total impaired loans	$	19,603	$	70,136	$	89,739	$	2,111

The table above includes $12,406 and $16,613, of impaired loans that were not individually evaluated at June 30, 2014 and June 30, 2013, respectively, because these loans did not meet the Company’s threshold for individual impairment evaluation. The recorded allowance above includes $427 and $216 related to these loans that were not individually evaluated at June 30, 2014 and June 30, 2013, respectively.

The Company’s average recorded investment in loans individually evaluated for impairment, period end unpaid principal balance as of the dates indicated below and interest income recognized on impaired loans for the year ended as follows:

	June 30, 2014						June 30, 2013
		Average		Unpaid		Interest		Average		Unpaid		Interest
		Recorded		Principal		Income		Recorded		Principal		Income
		Investment		Balance		Recognized		Investment		Balance		Recognized
Retail consumer loans:
One- to four- family	$	38,949	$	38,493	$	1,624	$	44,060	$	49,176	$	1,867
Home equity lines of credit		5,549		6,539		274		5,869		9,405		194
Construction and land/lots		2,080		3,671		182		2,906		4,617		169
Consumer		34		364		8		67		184		3
Commercial loans:
Commercial real estate		22,116		23,458		640		25,501		28,136		1,014
Construction and development		7,885		9,780		169		12,161		17,986		425
Commercial and industrial		2,747		3,857		163		3,006		3,801		153
Municipal leases		-		-		-		-		-		-
Total loans	$	79,360	$	86,162	$	3,060	$	93,570	$	113,305	$	3,825

A summary of changes in the accretable yield for purchased impaired loans for the year ended June 30, 2014 follows. There were no purchased credit impaired loans during year ended June 30, 2013.

		Year Ended
		June 30,
		2014
Accretable yield, beginning of period	$	-
Addition from the BankGreenville acquisition		1,835
Addition from the Jefferson acquisition		4,949
Interest income		(633)
Accretable yield, end of period	$	6,151

The following table presents the purchased performing loans receivable for Jefferson at June 30, 2014 and May 31, 2014 (the combination date):

	Purchased Performing Loans
		June 30,		May 31,
		2014		2014

Contractually required principal payments receivable	$	304,591	$	305,329
Fair value adjustment for credit, interest rate, and liquidity		6,514		6,539
Fair value of purchased loans receivable	$	298,077	$	298,790

The following table presents the purchased performing loans receivable for BankGreenville at June 30, 2014 and July 31, 2013 (the combination date):

	Purchased Performing Loans
		June 30,		July 31,
		2014		2013

Contractually required principal payments receivable	$	30,226	$	41,077
Fair value adjustment for credit, interest rate, and liquidity		2,108		2,854
Fair value of purchased loans receivable	$	28,118	$	38,223

The following tables present the purchased impaired loans for Jefferson and BankGreenville at their respective acquisition dates:

	Purchased Impaired Loans
	Jefferson
	May 31,
	2014
Contractually required principal and interest payments receivable	$40,689

Amounts not expected to be collected – nonaccretable difference	5,719

Estimated payments expected to be received	34,970

Accretable yield	4,949

Fair value of purchased impaired loans	$30,021

	June 30, 2014
	Jefferson
Carrying value of purchased impaired loans	$29,849

Unpaid principal balance of purchased impaired loans	$35,684

	Purchased Impaired Loans
	BankGreenville
	July 31,
	2013
Contractually required principal and interest payments receivable	$12,817

Amounts not expected to be collected – nonaccretable difference	1,375

Estimated payments expected to be received	11,442

Accretable yield	1,835

Fair value of purchased impaired loans	$9,607

	June 30, 2014
	BankGreenville
Carrying value of purchased impaired loans	$9,008

Unpaid principal balance of purchased impaired loans	$10,697

The following table presents a breakdown of the types of concessions made on TDRs by loan class:

	Year Ended June 30, 2014					Year Ended June 30, 2013
	Number of Loans		Pre Modification Outstanding Recorded Investment		Post Modification Outstanding Recorded Investment	Number of Loans		Pre Modification Outstanding Recorded Investment		Post Modification Outstanding Recorded Investment

Below market interest rate:
Retail consumer:
One- to four- family	8	$	417	$	424	4	$	1,121	$	1,103
Home equity lines of credit	4		371		367	-		-		-
Commercial:
Commercial real estate	-		-		-	1		237		231
Total	12	$	788	$	791	5	$	1,358	$	1,334

Extended payment terms:
Retail consumer:
One- to four- family	4	$	379	$	355	2	$	87	$	83
Home equity lines of credit	-		-		-	4		85		80
Commercial:
Commercial and industrial	-		-		-	1		10		10
Total	4	$	379	$	355	7	$	182	$	173

Other TDRs:
Retail consumer:
One- to four- family	17	$	1,257	$	1,272	85		6,830		6,456
Home equity lines of credit	2		42		4	39		1,232		1,157
Construction and land/lots	2		787		767	8		395		377
Commercial:
Commercial real estate	-		-		-	4		1,651		1,119
Commercial and industrial	-		-		-	1		30		27
Total	21	$	2,086	$	2,043	137	$	10,138	$	9,136

Total	37	$	3,253	$	3,189	149	$	11,678	$	10,643

During the year ended June 30, 2013, one- to four- family TDRs increased by 91 loans or $8.0 million and home equity lines of credit TDRs increased by 43 loans totaling $1.3 million, including 77 one- to four- family TDRs totaling $4.9 million and 41 home equity lines of credit TDRs totaling $1.2 million representing loans classified as TDRs as a result of recent regulatory reporting requirements of the Office of the Comptroller of the Currency (“OCC”), the Bank’s primary federal regulator, requiring that banks classify mortgages and other loans discharged by troubled borrowers in bankruptcy as TDRs.

The following table presents loans that were modified as TDRs within the previous twelve months and for which there was a payment default during the years ended June 30, 2014 and 2013.

	Year Ended June 30, 2014			Year Ended June 30, 2013
	Number of		Recorded	Number of		Recorded
	Loans		Investment	Loans		Investment
Below market interest rate:
Retail consumer:
One- to four- family	1	$	71	-	$	-
Home equity lines of credit	2		274	-		-
Total	3	$	345	-	$	-

Extended payment terms:
Retail consumer:
One- to four- family	1	$	278	2	$	83
Home equity lines of credit	-		-	1		12
Commercial:
Commercial and industrial	-		-	1		10
Total	1	$	278	4	$	105

Other TDRs:
Retail consumer:
One- to four- family	4	$	322	27	$	2,510
Home equity lines of credit	-		-	6		111
Construction and land/lots	-		-	5		164
Commercial:
Commercial real estate	-		-	3		126
Commercial and industrial	-		-	1		27
Total	4	$	322	42	$	2,938
Total	8	$	945	46	$	3,043

Loans that were modified as TDRs within the previous twelve months for which there was a payment default during the year ended June 30, 2013 included 23 one- to four- family loans totaling $1.3 million due to the addition of loans where the borrower’s obligation to the Company has been discharged in bankruptcy, per regulatory guidance. Other TDRs include TDRs that have a below market interest rate and extended payment terms. The Company does not typically forgive principal when restructuring troubled debt.

In the determination of the allowance for loan losses, management considers TDRs for all loan classes, and the subsequent nonperformance in accordance with their modified terms, by measuring impairment on a loan-by-loan basis based on either the value of the loan’s expected future cash flows discounted at the loan’s original effective interest rate or on the collateral value, net of the estimated costs of disposal, if the loan is collateral dependent.

- Definition

The entire disclosure for claims held for amounts due a entity, excluding financing receivables. Examples include, but are not limited to, trade accounts receivables, notes receivables, loans receivables. Includes disclosure for allowance for credit losses.

+ References + Details

5. Premises and Equipment

12 Months Ended

Jun. 30, 2014

Notes

5. Premises and Equipment

5. Premises and Equipment

Premises and equipment consist of the following:

	June 30,
	2014		2013
Land	$	12,588	$	5,720
Land held under capital lease		2,052		2,052
Office buildings		44,899		26,286
Furniture, fixtures and equipment		13,391		12,456
Total		72,930		46,514
Less accumulated depreciation		(25,519)		(24,114)
Premises and equipment, net	$	47,411	$	22,400

6. Accrued Interest Receivable

12 Months Ended

Jun. 30, 2014

Notes

6. Accrued Interest Receivable

6. Accrued Interest Receivable

Accrued interest receivable consists of the following:

	June 30,
		2014		2013
Loans	$	6,051	$	5,392
Securities available for sale		595		35
Other		141		122
Total	$	6,787	$	5,549

7. Goodwill and Core Deposit Intangibles

12 Months Ended

Jun. 30, 2014

Notes

7. Goodwill and Core Deposit Intangibles

7. Goodwill and Core Deposit Intangibles

Goodwill represents the excess of the acquisition cost over the fair value of the net assets acquired. The Company recorded $9,815 in goodwill as a result of the acquisitions of Jefferson and BankGreenville during 2014. See footnote 2 for more details regarding these acquisitions.

The Company added $4,060 in core deposit intangibles during 2014 related to the acquisitions of Jefferson and BankGreenville. Amortization expense related to core deposit intangibles was $166, $86, and $131 for the years ended June 30, 2014, 2013, and 2012, respectively.

Amortization of core deposit intangibles is computed using the accelerated method over an amortization period of seven years, which is the estimated life of the related deposits. Estimated amortization expense for each of the next five years is as follows:

	June 30, 2014

2015	$1,110
2016	839
2017	698
2018	560
2019	425
Thereafter	382
Total	$4,014

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

+ References + Details

8. Deposit Accounts

12 Months Ended

Jun. 30, 2014

Notes

8. Deposit Accounts

8. Deposit Accounts

Deposit accounts consist of the following:

					Weighted Average Interest Rates
	June 30,				June 30,
		2014		2013	2014	2013
Noninterest-bearing accounts	$	123,285	$	60,828	0.00%	0.00%
NOW accounts		295,386		195,659	0.10%	0.11%
Money market accounts		354,247		275,718	0.24%	0.28%
Savings accounts		175,974		82,158	0.19%	0.19%
Certificates of deposit		634,155		540,387	0.70%	0.90%
Total	$	1,583,047	$	1,154,750	0.37%	0.52%

Maturities of certificates of deposit are as follows:

	June 30, 2014		June 30, 2013
Within 1 year	$	451,077	$	374,514
1 year to 2 years		94,918		75,944
2 years to 3 years		52,908		44,097
3 years to 4 years		16,383		25,321
4 years to 5 years		18,869		20,511
Total	$	634,155	$	540,387

Certificates of deposit with balances of $100 or greater totaled $305,160 and $266,458 at June 30, 2014 and 2013, respectively. Generally, deposit amounts in excess of $250,000 are not federally insured.

Interest expense on deposits consists of the following:

	June 30,
		2014		2013		2012
NOW accounts	$	275	$	212	$	320
Money market accounts		788		895		1,397
Savings accounts		156		199		314
Certificates of deposit		4,198		5,669		8,213
Total	$	5,417	$	6,975	$	10,244

9. Other Borrowings

12 Months Ended

Jun. 30, 2014

Notes

9. Other Borrowings

9. Other Borrowings

Other borrowings consist of:

	June 30,
	2014			2013
		Balance	Weighted Average Rate		Balance	Weighted Average Rate
FHLB advances maturing:
Within one year	$	50,000	0.20%	$	-	-
Total	$	50,000	0.20%	$	-	-

All qualifying first mortgage loans, home equity lines of credit, and FHLB Stock were pledged as collateral to secure the FHLB advances.

In fiscal years ended June 2013 and 2012, the Company prepaid $15,100, and $11,000 of FHLB advances with weighted average interest rates of 4.88%, and 6.02%, respectively. The Company incurred prepayment penalties on these transactions of $3,069, and $2,111, respectively, which is included in the consolidated statements of income.

10. Leases

12 Months Ended

Jun. 30, 2014

Notes

10. Leases

10. Leases

The Company leases certain real property under long-term operating lease agreements. Rent expense under operating leases was $887, $653, and $403 for the years ended June 30, 2014, 2013, and 2012, respectively.

The following schedule summarizes aggregate future minimum lease payments under these operating leases at June 30, 2014.

Fiscal year ending:		June 30, 2014

2015	$	836
2016		709
2017		613
2018		578
Thereafter		196
Total of future minimum payments	$	2,932

The Company currently leases land for one of its retail office locations under a capital lease. Leases that meet the criteria for capitalization are recorded as assets and the related obligations are reflected as capital lease obligations on the accompanying balance sheets, because the lease has been deemed to have a bargain purchase option. Included in premises and equipment at June 30, 2014 and June 30, 2013 is $2,052 as the capitalized cost of the leased land.

Aggregate future minimum lease payments due under this capital lease obligation are as follows:

Fiscal year ending:		June 30, 2014

2015	$	122
2016		122
2017		123
2018		123
2019-2029		2,807
Total minimum lease payments		3,297
Less: amount representing interest		(1,299)
Present value of net minimum lease payments	$	1,998

11. Income Taxes

12 Months Ended

Jun. 30, 2014

Notes

11. Income Taxes

11. Income Taxes

Income tax expense (benefit) consists of:

	June 30,
		2014		2013		2012
Current:
Federal	$	75	$	324	$	(118)
State		9		44		8
Total current expense (benefit)		84		368		(110)
Deferred:
Federal		2,904		911		(769)
State		1,525		696		232
Total deferred expense (benefit)		4,429		1,607		(537)
Total income tax expense (benefit)	$	4,513	$	1,975	$	(647)

Income tax expense (benefit) differed from the amounts computed by applying the U.S. federal income tax rate of 34% to pretax income from continuing operations before income taxes as a result of the following:

	Year Ended June 30,
	2014			2013			2012
		$	Rate		$	Rate		$	Rate

Tax at federal income tax rate	$	5,051	34%	$	3,749	34%	$	1,319	34%
Increase (decrease) resulting from:
Tax exempt income		(1,740)	(12)		(1,946)	(18)		(2,136)	(55)
Nondeductible merger expenses		162	1		-	-		-	-
Change in valuation allowance for deferred tax assets, allocated to income tax expense		(1,160)	(8)		(390)	(4)		28	1
State tax, net of federal benefit		1,012	7		489	4		156	4
Other		1,188	8		73	1		(14)	(1)
Total	$	4,513	30%	$	1,975	18%	$	(647)	(17)%

The sources and tax effects of temporary differences that give rise to significant portions of the deferred tax assets (liabilities) at June 30, 2014 and 2013 are presented below:

		June 30,
		2014		2013
Deferred tax assets:
Alternative minimum tax credit	$	3,772	$	3,650
Allowance for loan losses		8,965		12,564
Deferred compensation and post-retirement benefits		16,668		16,998
Accrued vacation and sick leave		29		358
Impairments on real estate owned		1,462		972
Other than temporary impairment on investments		3,721
Capital loss carryforward		-		10
Net operating loss carryforward		22,825		16,336
Discount from business combination		5,334		509
Unrealized loss on securities held for sale		-		16
Other		1,827		590
Total gross deferred tax assets		64,603		52,003
Less valuation allowance		(1,014)		(2,178)
Deferred tax assets		63,589		49,825

Deferred tax (liabilities):
Depreciable basis of fixed assets		(2,340)		(1,026)
Deferred loan fees		(336)		(530)
FHLB stock, book basis in excess of tax		(144)		(147)
Stock Compensation Plans		-		(694)
Unrealized gain on securities available for sale		(138)		-
Other		(2,250)		-
Total gross deferred tax liabilities		(5,208)		(2,397)
Net deferred tax assets	$	58,381	$	47,428

The Company has net operating loss carry forwards of $64.2 million and $42.9 million as of June 30, 2014 and June 30, 2013, respectively, with a recorded tax benefit of $22.8 million and $16.3 million included in deferred tax assets. These loss carryforwards will begin to expire for federal tax purposes as of June 30, 2031.

The Company adjusted its net deferred tax asset as a result of reductions in the North Carolina corporate income tax rates that were enacted July 23, 2013, and effective January 1, 2014 and January 1, 2015. The lower corporate income tax rate resulted in a reduction in the deferred tax assets as of June 30, 2014 and an increase in the current period income tax expense for the year ended June 30, 2014.

The valuation allowance for deferred tax assets as of June 30, 2014 and 2013 was $1,014 and $2,178, respectively. The net change in the total valuation allowance for June 30, 2014 and 2013 was ($1,157) and ($392), respectively, which relates primarily to North Carolina state income taxes due to limitations on state net operating loss carry forwards. In assessing the realizability of deferred tax assets, management considers whether it is more likely than not that some portion or all of the deferred tax assets will not be realized. The ultimate realization of deferred tax assets is dependent upon the generation of future taxable income during the periods in which those temporary differences become deductible. Management performed a robust evaluation of the Company’s deferred tax assets at June 30, 2014 and June 30, 2013. Management considered all available positive and negative evidence including the possibility of future reversals of existing taxable temporary differences, projected future taxable income, tax planning strategies, and recent financial performance in making this assessment. Negative evidence considered included the Company’s pre-tax loss for the year ended June 30, 2011 and relatively high net loan chargeoffs during the years ended June 30, 2012 and 2011. Positive evidence considered included pre-tax income for the years ended June 30, 2014, 2013 and 2012, the Company’s history of generating taxable income, no prior history of generating loss carry forwards or expiration of loss carry forwards, its regulatory “well capitalized” status, the long-term nature of the deferred compensation deferred tax asset, the Company’s improving credit quality indicators, and its ability to sell its municipal lease portfolio to convert current tax-free income to future taxable income. Based upon this evaluation, management believes there is more positive evidence than negative evidence and it is more likely than not the Company will realize the benefits of these deductible differences, net of the existing valuation allowances at June 30, 2014 and June 30, 2013. The amount of the deferred tax asset considered realizable, however, could be reduced in the near term if negative trends occur with credit quality and earnings during the carryforward period.

Retained earnings at June 30, 2014 and 2013 include $19,570 representing pre-1988 tax bad debt reserve base year amounts for which no deferred tax liability has been provided since these reserves are not expected to reverse and may never reverse. Circumstances that would require an accrual of a portion or all of this unrecorded tax liability are a failure to meet the definition of a bank, dividend payments in excess of current year or accumulated earnings and profits, or other distributions in dissolution or liquidation of the Bank.

Income tax returns subsequent to 2010 are subject to examination by the taxing authorities.

12. Employee Benefit Plans

12 Months Ended

Jun. 30, 2014

Notes

12. Employee Benefit Plans

12. Employee Benefit Plans

The Company has a 401(k) savings/profit-sharing plan for its employees. The Company matches employee contributions dollar for dollar up to 6% of each employee’s compensation. The Company may also make discretionary profit sharing contributions for the benefit of all eligible participants as long as total contributions do not exceed applicable limitations. Employees become fully vested in the Company’s contributions after six years of service. The Company’s expense for 401(k) contributions to this plan was $918, $827, and $320 for the years ended June 30, 2014, 2013, and 2012, respectively.

Post-retirement health care benefits are provided to certain key officers under the Company’s Executive Medical Care Plan (“EMCP”). The EMCP is unfunded and is not qualified under the Internal Revenue Code. Plan expense for the years ended June 30, 2014, 2013, and 2012 was $248, $229, and $197, respectively. Total accrued expenses related to this plan included in other liabilities were $5,079 and $4,952, respectively, as of June 30, 2014 and 2013.

13. Deferred Compensation Agreements

12 Months Ended

Jun. 30, 2014

Notes

13. Deferred Compensation Agreements

13. Deferred Compensation Agreements

The Company’s Director Emeritus Plans (“Plans”) provides certain benefits to Emeritus Directors for providing current advisory services to the Company. The Plans are unfunded and are not qualified under the Internal Revenue Code. Plan benefits vary by participant and are payable to a designated beneficiary in the event of death. The Company records an expense based on the present value of expected future benefits. Plan expenses for the years ended June 30, 2014, 2013, and 2012 were $478, $471, and $553 respectively. Total accrued expenses related to these plans included in other liabilities were $10,816 and $10,996, respectively, as of June 30, 2014 and 2013.

The Company has deferred compensation agreements with certain members of the Company’s Board of Directors. The future payments related to these agreements are to be funded with life insurance contracts which are payable to the Company in the event of the director’s death. For the years ended June 30, 2014, 2013, and 2012 deferred compensation expense was $104, $71, and $84, respectively.

The net cash surrender value of the related life insurance policies and deferred compensation liability are detailed below:

	June 30,
		2014		2013
Net cash surrender value of life insurance, related to deferred compensation	$	6,962	$	6,238
Deferred compensation liability, included in other liabilities		1,752		1,827

Long term deferred compensation and supplemental retirement plans are provided to certain key current and former officers. These plans are unfunded and are not qualified under the Internal Revenue Code. The benefits will vary by participant and are payable to a designated beneficiary in the event of death. Plan expenses for the years ended June 30, 2014, 2013, and 2012 were $841, $1,014, and $1,155, respectively. Total accrued expenses related to these plans included in other liabilities were $20,786 and $20,694, respectively, as of June 30, 2014 and 2013.

In addition, the Company has a deferred compensation plan provided to certain officers and directors. The plan allows the participants to defer any of their annual compensation, including bonus payments, up to the maximum allowed for each participant. The plan is unfunded and is not qualified under the Internal Revenue Code. Plan expenses for the years ended June 30, 2014, 2013, and 2012 were $240, $243, and $260, respectively. The total deferred compensation plan payable included in other liabilities was $6,122 and $5,948, respectively as of June 30, 2014 and 2013.

14. Employee Stock Ownership Plan

12 Months Ended

Jun. 30, 2014

Notes

14. Employee Stock Ownership Plan

14. Employee Stock Ownership Plan

In connection with the Conversion, the Bank established the ESOP for the benefit of all of its eligible employees. Shares released are allocated to each eligible participant based on the ratio of each participant’s compensation, as defined in the ESOP, to the total compensation of all eligible plan participants. Forfeited shares shall be reallocated among other participants in the Plan. At the discretion of the Bank, cash dividends, when paid on allocated shares, will be distributed to participants’ accounts, paid in cash to the participants, or used to repay the principal and interest on the ESOP loan used to acquire Company stock on which dividends were paid. Cash dividends on unallocated shares will be used to repay the outstanding debt of the ESOP.

Compensation expense related to the ESOP for the fiscal year ended June 30, 2014 and 2013 was $844 and $749, respectively. Shares held by the ESOP include the following:

		June 30,	June 30,
		2014	2013
Unallocated ESOP shares		952,200		1,005,100
Allocated ESOP shares		52,900		-
ESOP shares committed to be released		52,900		52,900
Total ESOP shares		1,058,000		1,058,000
Fair value of unallocated ESOP shares	$	15,016	$	17,046

15. Net Income Per Share

12 Months Ended

Jun. 30, 2014

Notes

15. Net Income Per Share

15. Net Income per Share

The following is a reconciliation of the numerator and denominator of basic and diluted net income per share of common stock (in thousands, except share and per share data):

	June 30,
		2014		2013		2012

Numerator:
Net income available to common stockholders	$	10,342	$	9,053	$	4,527
Denominator:
Weighted-average common shares outstanding - basic		18,630,774		19,922,283		-
Effect of dilutive shares		84,895		19,404		-
Weighted-average common shares outstanding - diluted		18,715,669		19,941,687		-
Net income per share - basic	$	0.54	$	0.45	$	-
Net income per share - diluted	$	0.54	$	0.45	$	-

16. Equity Incentive Plan

12 Months Ended

Jun. 30, 2014

Notes

16. Equity Incentive Plan

16. Equity Incentive Plan

On January 17, 2013, the Company’s stockholders approved the 2013 Omnibus Incentive Plan which provides for awards of restricted stock, restricted stock units, stock options, stock appreciation rights and cash awards to directors, emeritus directors, officers, employees and advisory directors. The cost of equity-based awards under the 2013 Omnibus Incentive Plan generally is based on the fair value of the awards on their grant date. The maximum number of shares that may be utilized for awards under the plan is 2,962,400, including 2,116,000 for stock options and stock appreciation rights and 846,400 for awards of restricted stock and restricted stock units.

Shares of common stock issued under the 2013 Omnibus Incentive Plan may be authorized but unissued shares or, in the case of restricted stock awards, may be repurchased shares. As of June 30, 2013, the Company had repurchased all 846,400 shares on the open market for issuance under the 2013 Omnibus Incentive Plan, for $13.3 million, at an average cost of $15.71 per share.

Share based compensation expense related to stock options and restricted stock recognized for the fiscal year ended June 30, 2014 and 2013 were $2,623 and $1,113, respectively, before the related tax benefit of $971 and $434, respectively.

The table below presents stock option activity for the fiscal year ended June 30, 2014 and 2013:

		Weighted-	Remaining	Aggregate
		average	contractual life	Intrinsic
	Options	exercise price	(years)	Value
Options outstanding at June 30, 2012	-	-	-
Granted	1,557,000	$14.37	9.6
Exercised	-	-	-
Forfeited	-	-	-
Expired	-	-	-
Options outstanding at June 30, 2013	1,557,000	$14.37	9.6	$4,033
Granted	30,000	15.83	-
Exercised	-	-	-
Forfeited	73,500	14.37	-
Expired	-	-	-
Options outstanding at June 30, 2014	1,513,500	$14.40	8.6	$2,077

Exercisable at June 30, 2014	290,175	$14.37	8.6

There were no options exercisable at June 30, 2013. The fair value of each option is estimated on the date of grant using the Black-Scholes-Merton option pricing model. The weighted average fair value of each option granted in 2014 and 2013 was $5.26 and $4.50, respectively. Assumptions used for grants were as follows:

Assumptions in Estimating Option Values
	2014	2013
Weighted-average volatility	28.19%	28.19%
Expected dividend yield	0.00%	0.00%
Risk-free interest rate	2.04%	1.28%
Expected life (years)	6.5	6.6

At June 30, 2014, the Company had $5.3 million of unrecognized compensation expense related to 1,513,500 stock options scheduled to vest over five- and seven-year vesting periods. The weighted average period over which compensation cost related to non-vested awards is expected to be recognized was 2.3 years at June 30, 2014. At June 30, 2013, the Company had $6.5 million of unrecognized compensation expense related to 1,557,000 stock options scheduled to vest over five- and seven-year vesting periods. The weighted average period over which compensation cost related to non-vested awards is expected to be recognized was 4.7 years at June 30, 2013. No awards were vested as of June 30, 2013. All unexercised options expire ten years after the grant date.

The table below presents restricted stock award activity for the year ended June 30, 2014:

		Weighted-	Aggregate
	Restricted	average grant	Intrinsic
	stock awards	date fair value	Value

Non-vested at June 30, 2012	-	-
Granted	511,300	$ 14.37
Vested	-	-
Forfeited	-	-
Non-vested at June 30, 2013	511,300	$ 14.37	$ 8,672

Granted	7,050	15.80
Vested	95,485	14.37
Forfeited	18,900	14.37
Non-vested at June 30, 2014	403,965	$ 15.05	$ 6,371

At June 30, 2014, unrecognized compensation expense was $5.5 million related to 403,965 shares of restricted stock scheduled to vest over five- and seven-year vesting periods. The weighted average period over which compensation cost related to non-vested awards is expected to be recognized was 2.3 years at June 30, 2014. At June 30, 2013, unrecognized compensation expense was $6.8 million related to 511,300 shares of restricted stock scheduled to vest over five- and seven-year vesting periods. The weighted average period over which compensation cost related to non-vested awards is expected to be recognized was 4.7 years at June 30, 2013.

17. Commitments and Contingencies

12 Months Ended

Jun. 30, 2014

Notes

17. Commitments and Contingencies

17. Commitments and Contingencies

Loan Commitments – Legally binding 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 commitments may expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. In the normal course of business, there are various outstanding commitments to extend credit that are not reflected in the consolidated financial statements. At June 30, 2014 and June 30, 2013, respectively, loan commitments (excluding $27,086 and $27,013 of undisbursed portions of construction loans) totaled $28,360 and $27,147 of which $3,620 and $3,083 were variable rate commitments and $24,740 and $24,064 were fixed rate commitments. The fixed rate loans had interest rates ranging from 1.85% to 10.51% at June 30, 2014 and 2.50% to 9.25% at June 30, 2013, and terms ranging from 3 to 30 years. Pre-approved but unused lines of credit (principally second mortgage home equity loans and overdraft protection loans) totaled $167,630 and $151,611 at June 30, 2014 and 2013, respectively. These amounts represent the Company’s exposure to credit risk, and in the opinion of management have no more than the normal lending risk that the Company commits to its borrowers. The Company has freestanding derivative instruments consisting of commitments to originate fixed rate conforming loans and commitments to sell fixed rate conforming loans. The fair value of these commitments was not material at June 30, 2014 or June 30, 2013.

The Company grants construction and permanent loans collateralized primarily by residential and commercial real estate to customers throughout its primary market area. In addition, the Company grants municipal leases to customers throughout North and South Carolina. The Company’s loan portfolio can be affected by the general economic conditions within these market areas. Management believes that the Company has no concentration of credit in the loan portfolio.

Restrictions on Cash – The Bank is required by regulation to maintain a varying cash reserve balance with the Federal Reserve System. The daily average calculated cash reserve required as of June 30, 2014 and June 30, 2013 was $8,087, and $1,284, respectively, which was satisfied by vault cash and balances held at the Federal Reserve.

Guarantees – Standby letters of credit obligate the Company to meet certain financial obligations of its customers, if, under the contractual terms of the agreement, the customers are unable to do so. The financial standby letters of credit issued by the Company are irrevocable and payment is only guaranteed upon the borrower’s failure to perform its obligations to the beneficiary. Total commitments under standby letters of credit as of June 30, 2014 and June 30, 2013 were $483 and $66. There was no liability recorded for these letters of credit at June 30, 2014 or June 30, 2013.

Litigation – The Company is involved in several litigation matters in the ordinary course of business. One matter, originally filed in March 2012, involves claims of $12.5 million in compensatory damages and a request for additional punitive treble damages resulting from the purported failure of the Company and a third party brokerage firm to discover a Ponzi scheme conducted by a customer holding accounts at each entity. The Company believes that the lawsuit is without merit and intends to defend itself vigorously. Management, after review with its legal counsel, is of the opinion that this litigation should not have a material effect on the Company’s financial position or results of operations, although new developments could result in management modifying its assessment. There can be no assurance that the Company will successfully defend or resolve this litigation matter.

The Company is also subject to a variety of other legal matters that have arisen in the ordinary course of our business. In the current economic environment, litigation has increased significantly, primarily as a result of defaulted borrowers asserting claims to defeat or delay foreclosure proceedings. There can be no assurance that loan workouts and other activities will not expose the Company to additional legal actions, including lender liability or environmental claims. Therefore, the Company may be exposed to substantial liabilities, which could adversely affect its results of operations and financial condition. Moreover, the expenses of legal proceedings will adversely affect its results of operations until they are resolved.

18. Capital

12 Months Ended

Jun. 30, 2014

Notes

18. Capital

18. Capital

As a savings and loan holding company regulated by the Federal Reserve Board, the Company is not currently subject to any separate regulatory capital requirements, however, the Bank must maintain various minimum capital ratios established by banking regulators to be categorized as well capitalized. Failure of the Bank to maintain these minimum capital ratios may be deemed to constitute an unsafe and unsound banking practice and could subject the Bank to regulatory action. As of June 30, 2014, the most recent notification from the OCC categorized the Bank as well capitalized under the regulatory framework for prompt corrective action. There are no conditions or events since that notification that management believes have changed the institution’s category.

The Bank’s actual and required minimum capital amounts and ratios as of June 30, 2014 and 2013 are presented below:

	Actual			For Capital Adequacy Purposes				To Be Well Capitalized Under Prompt Corrective Action Provisions
		Amount	Ratio		Amount	Ratio		Amount	Ratio
As of June 30, 2014:
Tier I Capital (to Total Adjusted Assets)	$	264,041	13.37%	$	78,985	4.00%	$	98,719	5.00%
Tier I Capital (to Risk-weighted Assets)	$	264,041	18.29%	$	-	-%	$	86,625	6.00%
Total Risk-based Capital (to Risk- weighted Assets)	$	282,160	19.54%	$	115,501	8.00%	$	144,376	10.00%

As of June 30, 2013:
Tier I Capital (to Total Adjusted Assets)	$	228,454	15.25%	$	59,920	4.00%	$	74,901	5.00%
Tier I Capital (to Risk-weighted Assets)	$	228,454	21.89%	$	-	-%	$	62,620	6.00%
Total Risk-based Capital (to Risk- weighted Assets)	$	241,736	23.16%	$	83,493	8.00%	$	104,367	10.00%

A reconciliation of the Bank’s total equity capital under US GAAP and regulatory capital amounts follows:

	June 30,
	2014	2013
Total equity capital under US GAAP	$337,561	$276,669
Accumulated other comprehensive (income) loss, net of tax	(245)	29
Investment in nonincludable subsidiary	(1,065)	(696)
Disallowed deferred tax assets	(58,381)	(47,428)
Disallowed goodwill and other disallowed intangible assets	(13,829)	(120)
Tier I Capital	264,041	228,454
Allowable portion of allowance for loan losses	18,119	13,282
Total Risk-based Capital	$282,160	$241,736

- Definition

The entire disclosure for banks, savings institutions, and credit unions, for regulatory capital requirements imposed by the Federal Reserve System (FRB), the Federal Deposit Insurance Corporation (FDIC), the Office of Thrift Supervision (OTS) or for any state imposed capital requirements, as applicable. The disclosure may include (1) a description of regulatory capital requirements (a) for capital adequacy purposes and (b) established by the prompt corrective action provisions of Section 38 of the Federal Depository Insurance Act; (2) the actual or possible material effects of noncompliance with such requirements; (3) whether the entity is in compliance with the regulatory capital requirements including (a) required and actual ratios and amounts of Tier 1 leverage, Tier 1 risk-based, and total risk-based capital, tangible capital (for savings institutions), and Tier 3 capital for market risk (for certain banks and bank holding companies), (b) factors that may significantly affect capital adequacy; (4) the prompt corrective action category in which the entity was classified as of its most recent notification; (5) whether management believes any conditions or events since notification have changed the entity's category. Also may include additional information that might be disclosed in situations where substantial doubt about the entity's ability to continue as a going concern for a reasonable period of time.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1G
-URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958577-112826

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1C
-URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958572-112826

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1E
-URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958574-112826

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1H
-URI http://asc.fasb.org/extlink&oid=35709795&loc=d3e65071-112826

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1A
-URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958569-112826

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1B
-URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958570-112826

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1F
-URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958575-112826

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958568-112826

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 942
-SubTopic 505
-Section 50
-Paragraph 1D
-URI http://asc.fasb.org/extlink&oid=35709795&loc=SL5958573-112826

+ Details

19. Parent Company Financial Information

12 Months Ended

Jun. 30, 2014

Notes

19. Parent Company Financial Information

19. Parent Company Financial Information

The Company’s principal asset is its investment in its subsidiary, the Bank. The following presents condensed financial information of the Company as of June 30, 2014 and 2013. Since the Company became the holding company of the Bank in July 2012, prior years are not applicable.

Condensed balance sheet

		June 30,	June 30,
		2014		2013
Assets:
Cash and equivalents	$	3,496	$	43,045
Certificates of deposit in other banks		10,196		10,197
Total loans		15,523		23,947
Allowance for loan losses		(199)		(224)
Net loans		15,324		23,723
Real estate owned		1,004		3,529
Investment in bank subsidiary		337,561		276,668
ESOP loan receivable		9,722		10,152
Other assets		910		602
Total Assets	$	378,213	$	367,917

Liabilities and Stockholders’ Equity:
Other liabilities		1,062		402
Stockholders’ Equity		377,151		367,515
Total Liabilities and Stockholders’ Equity	$	378,213	$	367,917

Condensed statement of income

	June 30,		June 30,
		2014		2013

Income:
Interest income	$	1,418	$	1,615
Other income		9		8
Equity earnings in Bank subsidiary		9,444		10,123
Total income		10,871		11,746

Expense:
Management fee expense		351		354
REO expense		237		195
Loss on sale and impairment of real estate owned		118		638
Provision (Recovery) for loan losses		(357)		1,300
Other expense		137		47
Total expense		486		2,534

Income Before Income Taxes		10,385		9,212
Income Tax Expense		43		159
Net Income	$	10,342	$	9,053

Condensed statement of cash flows

	June 30,		June 30,
		2014		2013
Operating Activities:
Net income	$	10,342	$	9,053
Adjustments to reconcile net income to net cash provided by operating activities:
Provision for (recovery of) loan losses		(357)		1,300
Loss on sale and impairment of real estate owned		118		638
Increase in accrued interest receivable and other assets		(308)		(602)
Equity in undistributed income of Bank		(9,444)		(10,123)
ESOP compensation expense		844		749
Restricted stock and stock option expense		2,623		1,113
Increase in other liabilities		660		402
Net cash provided by operating activities		4,478		2,530

Investing Activities:
Purchase of certificates of deposit in other banks		(248)		(10,446)
Maturities of certificates of deposit in other banks		249		249
Purchase of loans from Bank subsidiary		-		(32,332)
Repayment of loans		6,356		7,149
Purchase of real estate owned from Bank subsidiary		-		(5,892)
Capital improvements to real estate owned		(4)		(240)
Increase in investment in Bank subsidiary		(51,883)		(104,851)
Dividend from subsidiary		19,110		-
ESOP loan		-		(10,580)
ESOP principal payments received		430		428
Proceeds from sale of real estate owned		4,811		2,125
Purchase of BankGreenville Financial		(1,475)		-
Purchase of Jefferson Bancshares, Inc		(6,926)		-
Net cash used in investing activities		(29,580)		(154,390)

Financing Activities:
Repayment of subordinated debentures		(10,000)
Proceeds from stock conversion		-		208,204
Common stock repurchased		(29,686)		(13,299)
Stock issued for purchase of Jefferson Bancshares, Inc.		25,239
Net cash provided by (used in) financing activities		(14,447)		194,905
Net Increase (Decrease) in Cash and Cash Equivalents		(39,549)		43,045
Cash and Cash Equivalents at Beginning of Period		43,045		-
Cash and Cash Equivalents at End of Period	$	3,496	$	43,045

20. Fair Value of Financial Instruments

12 Months Ended

Jun. 30, 2014

Notes

20. Fair Value of Financial Instruments

20. Fair Value of Financial Instruments

The Company utilizes fair value measurements to record fair value adjustments to certain assets and to determine fair value disclosures. Securities available for sale are recorded at fair value on a recurring basis. Additionally, from time to time, the Company may be required to record at fair value other assets on a nonrecurring basis, such as impaired loans. These nonrecurring fair value adjustments typically involve application of lower of cost or market accounting or write-downs of individual assets.

Fair Value Hierarchy

The Company groups assets at fair value in three levels, based on the markets in which the assets are traded and the reliability of the assumptions used to determine fair value. These levels are:

Level 1: Valuation is based upon quoted prices for identical instruments traded in active markets.

Level 2: Valuation is based upon quoted prices for similar instruments in active markets, quoted prices for identical or similar instruments in markets that are not active, and model-based valuation techniques for which all significant assumptions are observable in the market.

Level 3: Valuation is generated from model-based techniques that use at least one significant assumption not observable in the market. These unobservable assumptions reflect estimates of assumptions that market participants would use in pricing the asset. Valuation techniques include use of option pricing models, discounted cash flow models and similar techniques.

Following is a description of valuation methodologies used for assets recorded at fair value. The Company does not have any liabilities recorded at fair value.

Investment Securities Available for Sale

Securities available for sale are valued on a recurring basis at quoted market prices where available. If quoted market prices are not available, fair values are based on quoted prices of comparable securities. Level 1 securities include those traded on an active exchange, such as the New York Stock Exchange or U.S. Treasury securities that are traded by dealers or brokers in active over-the-counter markets and money market funds. Level 2 securities include mortgage-backed securities and debentures issued by government sponsored enterprises, municipal bonds, and corporate debt securities.

Loans

The Company does not record loans at fair value on a recurring basis. From time to time, however, a loan is considered impaired and an allowance for loan losses is established. Loans for which it is probable that payment of interest and principal will not be made in accordance with the contractual terms of the loan agreement are considered impaired. Once a loan is identified as individually impaired, the fair value is estimated using one of several methods, including collateral value, market value of similar debt, enterprise value, liquidation value and discounted cash flows. The Company reviews all impaired loans each quarter to determine if an allowance is necessary. Those impaired loans not requiring an allowance represent loans for which the fair value of the expected repayments or collateral exceed the recorded investments in such loans.

At June 30, 2014 and June 30, 2013, most of the total impaired loans were evaluated based on the fair value of the collateral. For these collateral dependent impaired loans, the Company obtains updated appraisals at least annually. These appraisals are reviewed for appropriateness and then discounted for estimated closing costs to determine if an allowance is necessary. As part of the quarterly review of impaired loans, the Company reviews these appraisals to determine if any additional discounts to the fair value are necessary. If a current appraisal is not obtained, the Company determines whether a discount is needed to the value from the original appraisal based on the decline in value of similar properties with recent appraisals. Impaired loans where a charge-off has occurred or an allowance is established during the period being reported require classification in the fair value hierarchy. The Company records all impaired loans with an allowance as nonrecurring Level 3.

Real Estate Owned

REO is considered held for sale and is adjusted to fair value less estimated selling costs upon transfer of the loan to foreclosed assets. Fair value is based upon independent market prices, appraised value of the collateral or management’s estimation of the value of the collateral. The Company considers all REO carried at fair value as nonrecurring Level 3.

The following table presents financial assets measured at fair value on a recurring basis at the dates indicated:

	June 30, 2014
Description		Total		Level 1		Level 2			Level 3
U.S Government Agencies	$	38,093	$	-	$	38,093	$	-
Residential Mortgage-backed Securities of U.S. Government Agencies and Government sponsored Enterprises		111,411		-		111,411		-
Municipal Bonds		16,220		-		16,220		-
Corporate Bonds		3,025		-		3,025		-
Total	$	168,749	$	-	$	168,749	$	-

	June 30, 2013
Description		Total		Level 1		Level 2		Level 3
U.S Government Agencies	$	6,002	$	-	$	6,002	$	-
Residential Mortgage-backed Securities of U.S. Government Agencies and Government sponsored Enterprises		18,748		-		18,748		-
Total	$	24,750	$	-	$	24,750	$	-

The following table presents financial assets measured at fair value on a non-recurring basis during the periods indicated:

	Year Ended June 30, 2014
Description		Total		Level 1		Level 2		Level 3
Impaired loans	$	3,686	$	-	$	-	$	3,686
Real Estate Owned		9,185		-		-		9,185
Total	$	12,871	$	-	$	-	$	12,871

	Year Ended June 30, 2013
Description		Total		Level 1		Level 2		Level 3
Impaired loans	$	12,106	$	-	$	-	$	12,106
Real Estate Owned		2,403		-		-		2,403
Total	$	14,509	$	-	$	-	$	14,509

Quantitative information about Level 3 fair value measurements during the period ended June 30, 2014 is shown in the table below:

	Fair Value
	at June 30,	Valuation	Unobservable		Weighted
	2014	Techniques	Input	Range	Average
Nonrecurring measurements:
Impaired loans, net	$3,686	Discounted Appraisals	Collateral discounts	3% - 66%	18%
Real estate owned	9,185	Discounted Appraisals	Collateral discounts	10% - 27%	15%

The stated carrying value and estimated fair value amounts of financial instruments as of June 30, 2014 and June 30, 2013, are summarized below:

				June 30, 2014
		Carrying		Fair
		Value		Value		Level 1		Level 2		Level 3
Cash and interest-bearing deposits	$	45,830	$	45,830	$	45,830	$	-	$	-
Certificates of deposit in other banks		163,780		163,780		-		163,780		-
Securities available for sale		168,749		168,749		-		168,749		-
Loans, net		1,473,099		1,381,438		-		-		1,381,438
Loans held for sale		2,537		2,578		-		-		2,578
FHLB stock		3,697		3,697		3,697		-		-
Accrued interest receivable		6,787		6,787		-		736		6,051
Noninterest-bearing and NOW deposits		418,671		418,671		-		418,671		-
Money market accounts		354,247		354,247		-		354,247		-
Savings accounts		175,974		175,974		-		175,974		-
Certificates of deposit		634,154		620,196		-		620,196		-
Other borrowings		50,000		50,000		-		50,000
Accrued interest payable		244		244		-		244		-

	June 30, 2013
		Carrying		Fair
		Value		Value		Level 1		Level 2		Level 3
Cash and interest-bearing deposits	$	125,713	$	125,713	$	125,713	$	-	$	-
Certificates of deposit in other banks		136,617		136,617		-		136,617		-
Securities available for sale		24,750		24,750		-		24,750		-
Loans, net		1,132,110		1,064,954		-		-		1,064,954
Loans held for sale		10,770		10,942		-		-		10,942
FHLB stock		1,854		1,854		1,854		-		-
Accrued interest receivable		5,549		5,549		-		157		5,392
Noninterest-bearing and NOW deposits		256,487		256,487		-		256,487		-
Money market accounts		275,718		275,718		-		275,718		-
Savings accounts		82,158		82,158		-		82,158		-
Certificates of deposit		540,387		545,716		-		545,716		-
Accrued interest payable		84		84		-		84		-

The Company had off-balance sheet financial commitments, which include approximately $223,076 and $205,771 of commitments to originate loans, undisbursed portions of interim construction loans, and unused lines of credit at June 30, 2014 and June 30, 2013 (see Note 5). Since these commitments are based on current rates, the carrying amount approximates the fair value

Estimated fair values were determined using the following methods and assumptions:

Cash and interest-bearing deposits – The stated amounts approximate fair values as maturities are less than 90 days.

Certificates of deposit in other banks – The stated amounts approximate fair values.

Securities available for sale and investment securities – Fair values are based on quoted market prices where available. If quoted market prices are not available, fair values are based on quoted market prices of comparable instruments.

Loans, net – Fair values for loans are estimated by segregating the portfolio by type of loan and discounting scheduled cash flows using current market interest rates for loans with similar terms and credit quality. A prepayment assumption is used as an estimate of the portion of loans that will be repaid prior to their scheduled maturity. Both the carrying value and estimated fair value amounts are shown net of the allowance for loan losses and purchase discounts.

Loans held for sale - The fair value of loans held for sale is determined by outstanding commitments from investors on a “best efforts” basis or current investor yield requirements, calculated on the aggregate loan basis.

Federal Home Loan Bank Stock – No ready market exists for this stock and it has no quoted market value. However, redemption of this stock has historically been at par value. Accordingly, cost is deemed to be a reasonable estimate of fair value.

Deposits – Fair values for demand deposits, money market accounts, and savings accounts are the amounts payable on demand as of June 30, 2014 and June 30, 2013. The fair value of certificates of deposit is estimated by discounting the contractual cash flows using current market interest rates for accounts with similar maturities.

Other borrowings – The fair value of advances from the FHLB is estimated based on current rates for borrowings with similar terms.

Accrued interest receivable and payable – The stated amounts of accrued interest receivable and payable approximate the fair value.

Limitations – Fair value estimates are made at a specific point in time, based on relevant market information and information about the financial instrument. These estimates do not reflect any premium or discount that could result from offering for sale at one time the Company’s entire holdings of a particular financial instrument. Because no market exists for a significant portion of the Company’s financial instruments, fair value estimates are based on judgments regarding future expected loss experience, current economic conditions, risk characteristics of various financial instruments, and other factors. These estimates are subjective in nature and involve uncertainties and matters of significant judgment and therefore cannot be determined with precision. Changes in assumptions could significantly affect the estimates.

Fair value estimates are based on existing on-and-off balance sheet financial instruments without attempting to estimate the value of anticipated future business and the value of assets and liabilities that are not considered financial instruments. For example, a significant asset not considered a financial asset is premises and equipment. In addition, tax ramifications related to the realization of the unrealized gains and losses can have a significant effect on fair value estimates and have not been considered in any of the estimates.

21. Unaudited Interim Financial Information

12 Months Ended

Jun. 30, 2014

Notes

21. Unaudited Interim Financial Information

21. Unaudited Interim Financial Information

The unaudited statements of income for each of the quarters during the fiscal years ended June 30, 2014 and 2013 are summarized below:

	Three months ended
	June 30, 2014		March 31, 2014		December 31, 2013		September 30, 2013

Interest and dividend income		$15,781		$14,392		$15,265		$14,843
Interest expense		1,255		1,248		1,383		1,546
Net interest income		14,526		13,144		13,882		13,297
Provision for loan losses		(1,500)		(1,800)		(700)		(2,300)
Net interest income after provision for loan losses		16,026		14,944		14,582		15,597
Noninterest income		2,196		2,025		2,246		2,271
Noninterest expense		16,415		13,396		13,346		11,875
Net income before provision for income taxes		1,807		3,573		3,482		5,993
Income tax expense		274		967		606		2,666
Net income		$1,533		$2,606		$2,876		$3,327
Net income per common share:
Basic		0.08		0.14		0.15		0.17
Diluted		0.08		0.14		0.15		0.17

	Three months ended
	June 30, 2013		March 31, 2013		December 31, 2012		September 30, 2012

Interest and dividend income		$14,498		$14,683		$15,481		$15,728
Interest expense		1,495		1,647		1,904		2,209
Net interest income		13,003		13,036		13,577		13,519
Provision for loan losses		(1,200)		500		300		1,500
Net interest income after provision for loan losses		14,203		12,536		13,277		12,019
Noninterest income		2,563		2,627		2,853		2,343
Noninterest expense		12,561		12,058		13,381		13,393
Net income before provision for income taxes		4,205		3,105		2,749		969
Income tax expense (benefit)		1,187		490		481		(183)
Net income		$3,018		$2,615		$2,268		$1,152
Net income per common share:
Basic		0.15		0.13		0.11		0.06
Diluted		0.15		0.13		0.11		0.06

22. Subsequent Events

12 Months Ended

Jun. 30, 2014

Notes

22. Subsequent Events

22. Subsequent Events

On July 31, 2014, the Bank completed its acquisition of Bank of Commerce of Charlotte, NC in accordance with the terms of the Agreement and Plan of Share Exchange (“Agreement”) between the Bank and Bank of Commerce, dated March 3, 2014. Under the terms of the Agreement, Bank of Commerce shareholders received $6.25 per share in cash consideration, representing approximately $10.1 million of aggregate deal consideration. In addition, all $3.2 million of Bank of Commerce’s preferred stock was redeemed. Bank of Commerce had total assets of $122.8 million, total deposits of $92.8 million, and stockholders’ equity of $12.3 million at June 30, 2014.

On August 13, 2014, the Bank received approval from the Office of the Comptroller of the Currency to purchase the branch banking operations of ten locations in Virginia and North Carolina from Bank of America Corporation. Six of the branches are located in Roanoke Valley, two in Danville, one in Martinsville, Virginia, and one in Eden, North Carolina. The acquisition will add approximately $504 million of deposits. In addition to the branches, the Bank will acquire a small amount of loans as part of the transaction. The Bank expects the purchase to be effective Monday, November 17, 2014, following satisfaction of customary closing conditions.

On August 25, 2014, the Company announced that the Bank converted from a federal savings bank charter to a national bank charter and the Company is now a bank holding company. The Bank received approval for the charter change in July 2014 from the Office of the Comptroller of the Currency.

1. Summary of Significant Accounting Policies: Organization and Description of Business Policy (Policies)	12 Months Ended
	Jun. 30, 2014
Policies
Organization and Description of Business Policy	Organization and Description of Business – HomeTrust was incorporated in Maryland on December 27, 2011 and became the holding company for the Bank on July 10, 2012 upon the completion of the Bank’s conversion from the mutual to stock form of organization (the “Conversion”). In connection with the Conversion, HomeTrust issued an aggregate of 21,160,000 shares of common stock at an offering price of $10.00 per share for gross proceeds of $211.6 million. HomeTrust received $208.2 million in net proceeds from the stock offering of which $104.1 million, or 50%, of the net proceeds were contributed to the Bank upon Conversion. Included in the issuance of shares was 1,058,000 shares to a newly formed ESOP for which HomeTrust loaned the ESOP $10,580,000 to purchase the shares. The Bank is a federally chartered savings bank headquartered in Asheville, North Carolina with thirty-four retail offices in North Carolina (including the Asheville metropolitan area and the “Piedmont” region), South Carolina (Greenville), and East Tennessee (including Kingsport/Johnson City, Knoxville, and Morristown). The business of the Bank is conducted through its seven operating divisions – HomeTrust Bank, Cherryville Federal Bank, Home Savings Bank of Eden, Industrial Federal Bank of Lexington, Shelby Savings Bank, Tryon Federal Bank, and Rutherford County Bank. All divisions operate under a single set of corporate policies and procedures and are recognized as a single banking segment for financial reporting purposes.

2. Business Combinations: Business Combination Policy -- Jefferson Bancshares, Inc. (Policies)

12 Months Ended

Jun. 30, 2014

Policies

Business Combination Policy -- Jefferson Bancshares, Inc.

2. Business Combinations: Business Combination Policy -- BankGreenville Corporation (Policies)

12 Months Ended

Jun. 30, 2014

Policies

Business Combination Policy -- BankGreenville Corporation

3. Securities Available For Sale: Securities Available for Sale Pledged as Collateral Policy (Policies)	12 Months Ended
	Jun. 30, 2014
Policies
Securities Available for Sale Pledged as Collateral Policy	Securities available for sale with costs totaling $51,036 and $21,429 with market values of $51,297 and $21,500 at June 30, 2014 and June 30, 2013, respectively, were pledged as collateral to secure various public deposits and retail repurchase agreements.

3. Securities Available For Sale: Securities with Unrealized Losses Policy (Policies)

12 Months Ended

Jun. 30, 2014

Policies

Securities with Unrealized Losses Policy

4. Loans: Impaired Loans Not Individually Evaluated Policy (Policies)	12 Months Ended
	Jun. 30, 2014
Policies
Impaired Loans Not Individually Evaluated Policy	The table above includes $12,406 and $16,613, of impaired loans that were not individually evaluated at June 30, 2014 and June 30, 2013, respectively, because these loans did not meet the Company’s threshold for individual impairment evaluation. The recorded allowance above includes $427 and $216 related to these loans that were not individually evaluated at June 30, 2014 and June 30, 2013, respectively.

4. Loans: Loans and Leases Receivable, Troubled Debt Restructuring Policy (Policies)

12 Months Ended

Jun. 30, 2014

Policies

Loans and Leases Receivable, Troubled Debt Restructuring Policy

4. Loans: Troubled Debt Restructurings with Payment Default Policy (Policies)

12 Months Ended

Jun. 30, 2014

Policies

Troubled Debt Restructurings with Payment Default Policy

7. Goodwill and Core Deposit Intangibles: Goodwill Policy (Policies)

12 Months Ended

Jun. 30, 2014

Policies

Goodwill Policy

8. Deposit Accounts: Certificates of Deposit With Balances of $100 Or Greater (Policies)	12 Months Ended
	Jun. 30, 2014
Policies
Certificates of Deposit With Balances of $100 Or Greater	Certificates of deposit with balances of $100 or greater totaled $305,160 and $266,458 at June 30, 2014 and 2013, respectively. Generally, deposit amounts in excess of $250,000 are not federally insured.

9. Other Borrowings: Federal Home Loan Advances Prepayment Policy (Policies)

12 Months Ended

Jun. 30, 2014

Policies

Federal Home Loan Advances Prepayment Policy

10. Leases: Operating Lease Policy (Policies)	12 Months Ended
10. Leases: Operating Lease Policy (Policies)	Jun. 30, 2014
Policies
Operating Lease Policy	The Company leases certain real property under long-term operating lease agreements. Rent expense under operating leases was $887, $653, and $403 for the years ended June 30, 2014, 2013, and 2012, respectively.

10. Leases: Capital Lease Policy (Policies)	12 Months Ended
10. Leases: Capital Lease Policy (Policies)	Jun. 30, 2014
Policies
Capital Lease Policy	The Company currently leases land for one of its retail office locations under a capital lease. Leases that meet the criteria for capitalization are recorded as assets and the related obligations are reflected as capital lease obligations on the accompanying balance sheets, because the lease has been deemed to have a bargain purchase option. Included in premises and equipment at June 30, 2014 and June 30, 2013 is $2,052 as the capitalized cost of the leased land.

11. Income Taxes: Deferred Tax Asset and Liability Policy (Policies)

12 Months Ended

Jun. 30, 2014

Policies

Deferred Tax Asset and Liability Policy

Income tax returns subsequent to 2010 are subject to examination by the taxing authorities.

12. Employee Benefit Plans: Employee Benefit Plans Policy (Policies)

12 Months Ended

Jun. 30, 2014

Policies

Employee Benefit Plans Policy

13. Deferred Compensation Agreements: Deferred Compensation Agreements Policy (Policies)

12 Months Ended

Jun. 30, 2014

Policies

Deferred Compensation Agreements Policy

13. Deferred Compensation Agreements: Long Term Deferred Compensation and Supplemental Retirement Plans Policy (Policies)	12 Months Ended
	Jun. 30, 2014
Policies
Long Term Deferred Compensation and Supplemental Retirement Plans Policy	Long term deferred compensation and supplemental retirement plans are provided to certain key current and former officers. These plans are unfunded and are not qualified under the Internal Revenue Code. The benefits will vary by participant and are payable to a designated beneficiary in the event of death. Plan expenses for the years ended June 30, 2014, 2013, and 2012 were $841, $1,014, and $1,155, respectively. Total accrued expenses related to these plans included in other liabilities were $20,786 and $20,694, respectively, as of June 30, 2014 and 2013.

13. Deferred Compensation Agreements: Deferred Compensation Plan for Officers and Directors Policy (Policies)	12 Months Ended
	Jun. 30, 2014
Policies
Deferred Compensation Plan for Officers and Directors Policy	In addition, the Company has a deferred compensation plan provided to certain officers and directors. The plan allows the participants to defer any of their annual compensation, including bonus payments, up to the maximum allowed for each participant. The plan is unfunded and is not qualified under the Internal Revenue Code. Plan expenses for the years ended June 30, 2014, 2013, and 2012 were $240, $243, and $260, respectively. The total deferred compensation plan payable included in other liabilities was $6,122 and $5,948, respectively as of June 30, 2014 and 2013.

14. Employee Stock Ownership Plan: ESOP Compensation Expense Policy (Policies)	12 Months Ended
	Jun. 30, 2014
Policies
ESOP Compensation Expense Policy	Compensation expense related to the ESOP for the fiscal year ended June 30, 2014 and 2013 was $844 and $749, respectively. Shares held by the ESOP include the following:

16. Equity Incentive Plan: Equity Incentive Plan Policy (Policies)

12 Months Ended

Jun. 30, 2014

Policies

Equity Incentive Plan Policy

16. Equity Incentive Plan: Exercisable Options Policy (Policies)	12 Months Ended
	Jun. 30, 2014
Policies
Exercisable Options Policy	There were no options exercisable at June 30, 2013. The fair value of each option is estimated on the date of grant using the Black-Scholes-Merton option pricing model. The weighted average fair value of each option granted in 2014 and 2013 was $5.26 and $4.50, respectively. Assumptions used for grants were as follows:

16. Equity Incentive Plan: Stock Option Compensation Expense Policy (Policies)

12 Months Ended

Jun. 30, 2014

Policies

Stock Option Compensation Expense Policy

16. Equity Incentive Plan: Restricted Stock (Policies)	12 Months Ended
16. Equity Incentive Plan: Restricted Stock (Policies)	Jun. 30, 2014
Policies
Restricted Stock	At June 30, 2014, unrecognized compensation expense was $5.5 million related to 403,965 shares of restricted stock scheduled to vest over five- and seven-year vesting periods. The weighted average period over which compensation cost related to non-vested awards is expected to be recognized was 2.3 years at June 30, 2014. At June 30, 2013, unrecognized compensation expense was $6.8 million related to 511,300 shares of restricted stock scheduled to vest over five- and seven-year vesting periods. The weighted average period over which compensation cost related to non-vested awards is expected to be recognized was 4.7 years at June 30, 2013.

17. Commitments and Contingencies: Loan Commitments, Policy (Policies)

12 Months Ended

Jun. 30, 2014

Policies

Loan Commitments, Policy

17. Commitments and Contingencies: Restrictions on Cash Policy (Policies)	12 Months Ended
	Jun. 30, 2014
Policies
Restrictions on Cash Policy	Restrictions on Cash – The Bank is required by regulation to maintain a varying cash reserve balance with the Federal Reserve System. The daily average calculated cash reserve required as of June 30, 2014 and June 30, 2013 was $8,087, and $1,284, respectively, which was satisfied by vault cash and balances held at the Federal Reserve.

17. Commitments and Contingencies: Standby Letters of Credit Policy (Policies)	12 Months Ended
	Jun. 30, 2014
Policies
Standby Letters of Credit Policy	Guarantees – Standby letters of credit obligate the Company to meet certain financial obligations of its customers, if, under the contractual terms of the agreement, the customers are unable to do so. The financial standby letters of credit issued by the Company are irrevocable and payment is only guaranteed upon the borrower’s failure to perform its obligations to the beneficiary. Total commitments under standby letters of credit as of June 30, 2014 and June 30, 2013 were $483 and $66. There was no liability recorded for these letters of credit at June 30, 2014 or June 30, 2013.

20. Fair Value of Financial Instruments: Off-Balance-Sheet Credit Exposure, Policy (Policies)	12 Months Ended
	Jun. 30, 2014
Policies
Off-Balance-Sheet Credit Exposure, Policy	The Company had off-balance sheet financial commitments, which include approximately $223,076 and $205,771 of commitments to originate loans, undisbursed portions of interim construction loans, and unused lines of credit at June 30, 2014 and June 30, 2013 (see Note 5). Since these commitments are based on current rates, the carrying amount approximates the fair value

22. Subsequent Events: Acquisition of Bank of Commerce (Policies)	12 Months Ended
	Jun. 30, 2014
Policies
Acquisition of Bank of Commerce	On July 31, 2014, the Bank completed its acquisition of Bank of Commerce of Charlotte, NC in accordance with the terms of the Agreement and Plan of Share Exchange (“Agreement”) between the Bank and Bank of Commerce, dated March 3, 2014. Under the terms of the Agreement, Bank of Commerce shareholders received $6.25 per share in cash consideration, representing approximately $10.1 million of aggregate deal consideration. In addition, all $3.2 million of Bank of Commerce’s preferred stock was redeemed. Bank of Commerce had total assets of $122.8 million, total deposits of $92.8 million, and stockholders’ equity of $12.3 million at June 30, 2014.

22. Subsequent Events: Acquisition of Branches of Bank of America (Policies)	12 Months Ended
	Jun. 30, 2014
Policies
Acquisition of Branches of Bank of America	On August 13, 2014, the Bank received approval from the Office of the Comptroller of the Currency to purchase the branch banking operations of ten locations in Virginia and North Carolina from Bank of America Corporation. Six of the branches are located in Roanoke Valley, two in Danville, one in Martinsville, Virginia, and one in Eden, North Carolina. The acquisition will add approximately $504 million of deposits. In addition to the branches, the Bank will acquire a small amount of loans as part of the transaction. The Bank expects the purchase to be effective Monday, November 17, 2014, following satisfaction of customary closing conditions.

22. Subsequent Events: Conversion from a Federal Savings Bank to a National Bank Charter (Policies)	12 Months Ended
	Jun. 30, 2014
Policies
Conversion from a Federal Savings Bank to a National Bank Charter	On August 25, 2014, the Company announced that the Bank converted from a federal savings bank charter to a national bank charter and the Company is now a bank holding company. The Bank received approval for the charter change in July 2014 from the Office of the Comptroller of the Currency.

2. Business Combinations: Schedule of Business Acquisition Contingent Consideration -- Jefferson Bancshares, Inc. (Tables)

12 Months Ended

Jun. 30, 2014

2. Business Combinations: Business Combination Policy -- Jefferson Bancshares, Inc. (Details) - Jefferson - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2014	May 31, 2014
Business Acquisition, Name of Acquired Entity	Jefferson Bancshares, Inc.
Business Combination, Separately Recognized Transactions, Additional Disclosures, Acquisition Cost Expensed, Financial Statement Caption	Under the terms of the agreement, Jefferson shareholders received 0.2661 shares of HomeTrust common stock, and $4.00 in cash for each share of Jefferson common stock. This represents approximately $50.5 million of aggregate deal consideration
Book Value of Assets Acquired		$ 494,300
Book Value of Liabilities Assumed		441,900
Business Acquisition Purchase Price Allocation Goodwill Amount		$ 7,000

2. Business Combinations: Schedule of Business Acquisition Contingent Consideration -- Jefferson Bancshares, Inc. (Details) - Jefferson $ in Thousands	May 31, 2014 USD ($)
As Recorded By Jefferson
Business Acquisition, Purchase Price Allocation, Current Assets, Cash and Cash Equivalents	$ 18,325
Business Acquisition, Purchase Price Allocation, Current Assets, Marketable Securities	85,744
Business Acquisition Loans Net of Allowance	338,616
Business Acquisition Federal Home Loan Bank Stock	4,635
Business Acquisition Other Real Estate Owned	3,288
Business Acquisition, Purchase Price Allocation, Property, Plant and Equipment	24,662
Business Acquisition Accrued Interest Receivable	1,367
Business Acquisition, Purchase Price Allocation, Deferred Tax Assets	9,606
Business Acquisition Core Deposit Intangibles	847
Business Acquisition, Purchase Price Allocation, Other Assets	7,171
Business Acquisition, Purchase Price Allocation, Assets Acquired	494,261
Business Acquisition Purchase Price Allocation Deposits	376,985
Business Acquisition, Purchase Price Allocation, Other Borrowings	55,081
Business Acquisition Purchase Price Allocation Subordinated Debentures	7,460
Business Acquisition, Purchase Price Allocation, Other Liabilities	2,332
Business Acquisition, Purchase Price Allocation, Liabilities Assumed	441,858
Business Acquisition Purchase Price Allocation Net Identifiable Assets Acquired Over (Under) Liabilities Assumed	52,403
Fair Value And Other Merger Related Adjustments
Business Acquisition, Purchase Price Allocation, Current Assets, Marketable Securities	(700)
Business Acquisition Loans Net of Allowance	(9,134)
Business Acquisition, Purchase Price Allocation, Property, Plant and Equipment	(1,311)
Business Acquisition Accrued Interest Receivable	(90)
Business Acquisition, Purchase Price Allocation, Deferred Tax Assets	3,395
Business Acquisition Core Deposit Intangibles	2,683
Business Acquisition, Purchase Price Allocation, Assets Acquired	(5,157)
Business Acquisition Purchase Price Allocation Deposits	371
Business Acquisition, Purchase Price Allocation, Other Borrowings	858
Business Acquisition Purchase Price Allocation Subordinated Debentures	2,540
Business Acquisition, Purchase Price Allocation, Liabilities Assumed	3,769
Business Acquisition Purchase Price Allocation Net Identifiable Assets Acquired Over (Under) Liabilities Assumed	(8,926)
As Recorded By The Company
Cash paid including cash in lieu of fractional shares	25,251
Fair value common stock	25,239
Business Combination, Contingent Consideration, Asset	50,490
Business Acquisition, Purchase Price Allocation, Current Assets, Cash and Cash Equivalents	18,325
Business Acquisition, Purchase Price Allocation, Current Assets, Marketable Securities	85,044
Business Acquisition Loans Net of Allowance	329,482
Business Acquisition Federal Home Loan Bank Stock	4,635
Business Acquisition Other Real Estate Owned	3,288
Business Acquisition, Purchase Price Allocation, Property, Plant and Equipment	23,351
Business Acquisition Accrued Interest Receivable	1,277
Business Acquisition, Purchase Price Allocation, Deferred Tax Assets	13,001
Business Acquisition Core Deposit Intangibles	3,530
Business Acquisition, Purchase Price Allocation, Other Assets	7,171
Business Acquisition, Purchase Price Allocation, Assets Acquired	489,104
Business Acquisition Purchase Price Allocation Deposits	377,356
Business Acquisition, Purchase Price Allocation, Other Borrowings	55,939
Business Acquisition Purchase Price Allocation Subordinated Debentures	10,000
Business Acquisition, Purchase Price Allocation, Other Liabilities	2,332
Business Acquisition, Purchase Price Allocation, Liabilities Assumed	445,627
Business Acquisition Purchase Price Allocation Net Identifiable Assets Acquired Over (Under) Liabilities Assumed	43,477
Business Acquisition Purchase Price Allocation, Goodwill	$ 7,013

2. Business Combinations: Financial Impact of Acquisition -- Jefferson (Details) - Jefferson $ in Thousands	12 Months Ended
	Jun. 30, 2014 USD ($)
Business Acquisition, Transaction Costs	$ 1,157
Acquisition related costs included in consolidated statements of income	$ 837

2. Business Combinations: Schedule of Purchased Performing Loans and Purchased Impaired Loans Acquired in Transfer -- Jefferson Bancshares, Inc. (Details) - Jefferson $ in Thousands	May 31, 2014 USD ($)
Total loans
Business Acquisition Performing Loans Purchased	$ 298,790
Business Acquisition Impaired Loans Purchased	30,021
Business Acquisition Performing and Impaired Loans Purchased	328,811
Retail consumer loans \| One to four family loans
Business Acquisition Performing Loans Purchased	74,378
Business Acquisition Impaired Loans Purchased	6,066
Business Acquisition Performing and Impaired Loans Purchased	80,444
Retail consumer loans \| Home Equity Line of Credit
Business Acquisition Performing Loans Purchased	16,857
Business Acquisition Impaired Loans Purchased	18
Business Acquisition Performing and Impaired Loans Purchased	16,875
Retail consumer loans \| Construction and land/lots loans
Business Acquisition Performing Loans Purchased	7,810
Business Acquisition Impaired Loans Purchased	924
Business Acquisition Performing and Impaired Loans Purchased	8,734
Retail consumer loans \| Consumer loans
Business Acquisition Performing Loans Purchased	3,690
Business Acquisition Impaired Loans Purchased	2
Business Acquisition Performing and Impaired Loans Purchased	3,692
Commercial Loan \| Commercial Real Estate
Business Acquisition Performing Loans Purchased	118,534
Business Acquisition Impaired Loans Purchased	15,649
Business Acquisition Performing and Impaired Loans Purchased	134,183
Commercial Loan \| Construction and development loans
Business Acquisition Performing Loans Purchased	24,658
Business Acquisition Impaired Loans Purchased	1,012
Business Acquisition Performing and Impaired Loans Purchased	25,670
Commercial Loan \| Commercial and industrial loans
Business Acquisition Performing Loans Purchased	52,863
Business Acquisition Impaired Loans Purchased	6,350
Business Acquisition Performing and Impaired Loans Purchased	$ 59,213

2. Business Combinations: Business Combination Policy -- BankGreenville Corporation (Details) - BankGreenville - USD ($) $ in Thousands	12 Months Ended
	Jun. 30, 2014	Jul. 31, 2013
Business Acquisition, Name of Acquired Entity	BankGreenville Financial Corporation (“BankGreenville”)
Business Combination, Separately Recognized Transactions, Additional Disclosures, Acquisition Cost Expensed, Financial Statement Caption	Under the terms of the agreement, BankGreenville shareholders received $6.63 per share in cash consideration. This represents approximately $7.8 million of aggregate deal consideration. Additional contingent cash consideration of up to $0.75 per share (or approximately $883,000) may be realized at the expiration of 24 months based on the performance of a select pool of loans totaling approximately $8.0 million.
Book Value of Assets Acquired		$ 102,200
Book Value of Liabilities Assumed		$ 94,100
Business Acquisition Purchase Price Allocation Goodwill Amount	$ 2,800

2. Business Combinations: Financial Impact of Acquisition -- BankGreenville (Details) - BankGreenville $ in Thousands	12 Months Ended
	Jun. 30, 2014 USD ($)
Business Acquisition, Transaction Costs	$ 957
Acquisition related costs included in consolidated statements of income	(249)
Real Estate Write Down Or Reserve Amount	$ 250

2. Business Combinations: Schedule of Business Acquisition Purchased Performing and Impaired Loans -- BankGreenville Financial Corporation (Details) - BankGreenville $ in Thousands	Jul. 31, 2013 USD ($)
Total loans
Business Acquisition Performing Loans Purchased	$ 38,223
Business Acquisition Impaired Loans Purchased	9,607
Business Acquisition Performing and Impaired Loans Purchased	47,830
Retail consumer loans \| One to four family loans
Business Acquisition Performing Loans Purchased	8,274
Business Acquisition Impaired Loans Purchased	1,392
Business Acquisition Performing and Impaired Loans Purchased	9,666
Retail consumer loans \| Home Equity Line of Credit
Business Acquisition Performing Loans Purchased	3,987
Business Acquisition Impaired Loans Purchased	134
Business Acquisition Performing and Impaired Loans Purchased	4,121
Retail consumer loans \| Consumer Loan
Business Acquisition Performing Loans Purchased	522
Business Acquisition Performing and Impaired Loans Purchased	522
Commercial Loan \| Commercial Real Estate
Business Acquisition Performing Loans Purchased	23,073
Business Acquisition Impaired Loans Purchased	4,552
Business Acquisition Performing and Impaired Loans Purchased	27,625
Commercial Loan \| Construction and development loans
Business Acquisition Performing Loans Purchased	2,367
Business Acquisition Impaired Loans Purchased	3,529
Business Acquisition Performing and Impaired Loans Purchased	$ 5,896

3. Securities Available For Sale: Schedule of Available-for-sale Securities Reconciliation (Details) - USD ($) $ in Thousands	Jun. 30, 2014	Jun. 30, 2013
US Government Agencies
Available-for-sale Securities, Amortized Cost Basis	$ 38,085	$ 6,000
Securities Available for Sale, Gross Unrealized Gains	45	2
Securities Available for Sale, Gross Unrealized Losses	(37)
Securities available for sale, fair value	38,093	6,002
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises
Available-for-sale Securities, Amortized Cost Basis	111,430	18,794
Securities Available for Sale, Gross Unrealized Gains	393	81
Securities Available for Sale, Gross Unrealized Losses	(412)	(127)
Securities available for sale, fair value	111,411	18,748
Taxable Municipal Bonds
Available-for-sale Securities, Amortized Cost Basis	15,951
Securities Available for Sale, Gross Unrealized Gains	282
Securities Available for Sale, Gross Unrealized Losses	(13)
Securities available for sale, fair value	16,220
Corporate Bond Securities
Available-for-sale Securities, Amortized Cost Basis	2,912
Securities Available for Sale, Gross Unrealized Gains	113
Securities available for sale, fair value	3,025
Total available for sale securities
Available-for-sale Securities, Amortized Cost Basis	168,378	24,794
Securities Available for Sale, Gross Unrealized Gains	833	83
Securities Available for Sale, Gross Unrealized Losses	(462)	(127)
Securities available for sale, fair value	$ 168,749	$ 24,750

3. Securities Available For Sale: Schedule of Investments Classified by Contractual Maturity Date (Details) - USD ($) $ in Thousands	Jun. 30, 2014	Jun. 30, 2013
Available for Sale Securities Debt Maturities Within One Year Amortized Cost	$ 8,555
Available for Sale Securities Debt Maturities Within One Year Fair Value	8,555
Available-for-sale Securities, Debt Maturities, Year Two Through Five, Amortized Cost Basis	21,001	$ 6,000
Available-for-sale Securities, Debt Maturities, Year Two Through Five, Fair Value	21,008	6,002
Available-for-sale Securities, Debt Maturities, Year Six Through Ten, Amortized Cost Basis	22,323
Available-for-sale Securities, Debt Maturities, Year Six Through Ten, Fair Value	22,649
Available-for-sale Securities, Debt Maturities, after Ten Years, Amortized Cost Basis	5,069
Available-for-sale Securities, Debt Maturities, after Ten Years, Fair Value	5,126
Available-for-sale Securities, Debt Maturities, Amortized Cost	168,378	24,794
Securities available for sale, at fair value	168,749	24,750
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises
Available-for-sale Securities, Debt Maturities, Amortized Cost	111,430	18,794
Securities available for sale, at fair value	$ 111,411	$ 18,748

3. Securities Available For Sale: Schedule of Gross Proceeds and Gross Realized Gains and Losses from Sales of Securities (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2014 USD ($)
Details
Proceeds from sales of securities available for sale	$ 2,086
Gross realized gains from sales of securities	42
Available-for-sale Securities, Gross Realized Losses	$ (32)

3. Securities Available For Sale: Securities Available for Sale Pledged as Collateral Policy (Details) - USD ($) $ in Thousands	Jun. 30, 2014	Jun. 30, 2013
Details
Available-for-sale Securities Pledged as Collateral	$ 51,036	$ 21,429
Securities Available for Sale Pledged as Collateral Market Value	$ 51,297	$ 21,500

3. Securities Available For Sale: Schedule of Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value (Details) - USD ($) $ in Thousands	Jun. 30, 2014	Jun. 30, 2013
US Government Agencies
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	$ 19,475
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Unrealized Losses	(37)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	19,475
Available-for-sale Securities, Continuous Unrealized Loss Position, Unrealized Losses	(37)
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	75,761	$ 5,707
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Unrealized Losses	(399)	(122)
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	162	745
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or More, Unrealized Losses	(13)	(5)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	75,923	6,452
Available-for-sale Securities, Continuous Unrealized Loss Position, Unrealized Losses	(412)	(127)
Taxable Municipal Bonds
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	6,668
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Unrealized Losses	(13)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	6,668
Available-for-sale Securities, Continuous Unrealized Loss Position, Unrealized Losses	(13)
Total available for sale securities
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	101,904	5,707
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Unrealized Losses	(449)	(122)
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	162	745
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or More, Unrealized Losses	(13)	(5)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	102,066	6,452
Available-for-sale Securities, Continuous Unrealized Loss Position, Unrealized Losses	$ (462)	$ (127)

4. Loans: Schedule of Accounts, Notes, Loans and Financing Receivable (Details) - USD ($) $ in Thousands	Jun. 30, 2014	Jun. 30, 2013
Loans receivable net of deferred loan fees and discount	$ 1,496,528	$ 1,164,183
Loans Receivable, Gross
Financing Receivable	1,497,868	1,165,530
Deferred loan fees, net
Loans receivable net of deferred loan fees and discount	(1,340)	(1,347)
Allowance for Loan and Lease Losses
Financing Receivable	(23,429)	(32,073)
Loans Receivable, Net
Financing Receivable	1,473,099	1,132,110
Retail consumer loans \| One to four family loans
Financing Receivable	660,200	602,050
Retail consumer loans \| Home equity lines of credit
Financing Receivable	148,379	125,676
Retail consumer loans \| Construction and land/lots loans
Financing Receivable	59,249	51,546
Retail consumer loans \| Consumer loans
Financing Receivable	15,164	3,349
Retail consumer loans \| Total retail consumer loans
Financing Receivable	882,992	783,621
Commercial loans \| Commercial real estate loans
Financing Receivable	377,769	231,086
Commercial loans \| Construction and development loans
Financing Receivable	56,457	23,994
Commercial loans \| Commercial and industrial loans
Financing Receivable	74,435	11,452
Commercial loans \| Municipal leases
Financing Receivable	106,215	116,377
Commercial loans \| Total commercial loans
Financing Receivable	$ 614,876	$ 382,909

4. Loans: Financing Receivable Credit Quality Indicators (Details) - USD ($) $ in Thousands	Jun. 30, 2014	Jun. 30, 2013
Pass \| Total loans by credit quality
Financing Receivables Credit Quality	$ 1,373,051	$ 1,018,511
Pass \| Retail consumer loans \| One to four family loans
Financing Receivables Credit Quality	607,313	536,603
Pass \| Retail consumer loans \| Home equity lines of credit
Financing Receivables Credit Quality	141,015	117,438
Pass \| Retail consumer loans \| Construction and land/lots loans
Financing Receivables Credit Quality	56,165	48,914
Pass \| Retail consumer loans \| Consumer loans
Financing Receivables Credit Quality	14,957	3,144
Pass \| Commercial loans \| Commercial real estate loans
Financing Receivables Credit Quality	334,290	179,310
Pass \| Commercial loans \| Construction and development loans
Financing Receivables Credit Quality	43,779	9,872
Pass \| Commercial loans \| Commercial and industrial loans
Financing Receivables Credit Quality	71,128	8,812
Pass \| Commercial loans \| Municipal leases
Financing Receivables Credit Quality	104,404	114,418
Special Mention \| Total loans by credit quality
Financing Receivables Credit Quality	45,927	41,400
Special Mention \| Retail consumer loans \| One to four family loans
Financing Receivables Credit Quality	17,639	14,003
Special Mention \| Retail consumer loans \| Home equity lines of credit
Financing Receivables Credit Quality	1,605	1,374
Special Mention \| Retail consumer loans \| Construction and land/lots loans
Financing Receivables Credit Quality	1,878	209
Special Mention \| Retail consumer loans \| Consumer loans
Financing Receivables Credit Quality	94	62
Special Mention \| Commercial loans \| Commercial real estate loans
Financing Receivables Credit Quality	16,931	20,105
Special Mention \| Commercial loans \| Construction and development loans
Financing Receivables Credit Quality	5,096	2,853
Special Mention \| Commercial loans \| Commercial and industrial loans
Financing Receivables Credit Quality	873	835
Special Mention \| Commercial loans \| Municipal leases
Financing Receivables Credit Quality	1,811	1,959
Substandard \| Total loans by credit quality
Financing Receivables Credit Quality	72,905	96,478
Substandard \| Retail consumer loans \| One to four family loans
Financing Receivables Credit Quality	32,331	47,753
Substandard \| Retail consumer loans \| Home equity lines of credit
Financing Receivables Credit Quality	5,337	6,679
Substandard \| Retail consumer loans \| Construction and land/lots loans
Financing Receivables Credit Quality	1,093	2,199
Substandard \| Retail consumer loans \| Consumer loans
Financing Receivables Credit Quality	97	134
Substandard \| Commercial loans \| Commercial real estate loans
Financing Receivables Credit Quality	24,604	27,116
Substandard \| Commercial loans \| Construction and development loans
Financing Receivables Credit Quality	7,012	10,950
Substandard \| Commercial loans \| Commercial and industrial loans
Financing Receivables Credit Quality	2,431	1,647
Doubtful \| Total loans by credit quality
Financing Receivables Credit Quality	5,967	9,115
Doubtful \| Retail consumer loans \| One to four family loans
Financing Receivables Credit Quality	2,907	3,671
Doubtful \| Retail consumer loans \| Home equity lines of credit
Financing Receivables Credit Quality	420	184
Doubtful \| Retail consumer loans \| Construction and land/lots loans
Financing Receivables Credit Quality	113	224
Doubtful \| Retail consumer loans \| Consumer loans
Financing Receivables Credit Quality	13	6
Doubtful \| Commercial loans \| Commercial real estate loans
Financing Receivables Credit Quality	1,944	4,555
Doubtful \| Commercial loans \| Construction and development loans
Financing Receivables Credit Quality	570	318
Doubtful \| Commercial loans \| Commercial and industrial loans
Financing Receivables Credit Quality		157
Unlikely to be Collected Financing Receivable \| Total loans by credit quality
Financing Receivables Credit Quality	18	26
Unlikely to be Collected Financing Receivable \| Retail consumer loans \| One to four family loans
Financing Receivables Credit Quality	10	20
Unlikely to be Collected Financing Receivable \| Retail consumer loans \| Home equity lines of credit
Financing Receivables Credit Quality	2	1
Unlikely to be Collected Financing Receivable \| Retail consumer loans \| Consumer loans
Financing Receivables Credit Quality	3	3
Unlikely to be Collected Financing Receivable \| Commercial loans \| Construction and development loans
Financing Receivables Credit Quality		1
Unlikely to be Collected Financing Receivable \| Commercial loans \| Commercial and industrial loans
Financing Receivables Credit Quality	3	1
Total by Grade \| Total loans by credit quality
Financing Receivables Credit Quality	1,497,868	1,165,530
Total by Grade \| Retail consumer loans \| One to four family loans
Financing Receivables Credit Quality	660,200	602,050
Total by Grade \| Retail consumer loans \| Home equity lines of credit
Financing Receivables Credit Quality	148,379	125,676
Total by Grade \| Retail consumer loans \| Construction and land/lots loans
Financing Receivables Credit Quality	59,249	51,546
Total by Grade \| Retail consumer loans \| Consumer loans
Financing Receivables Credit Quality	15,164	3,349
Total by Grade \| Commercial loans \| Commercial real estate loans
Financing Receivables Credit Quality	377,769	231,086
Total by Grade \| Commercial loans \| Construction and development loans
Financing Receivables Credit Quality	56,457	23,994
Total by Grade \| Commercial loans \| Commercial and industrial loans
Financing Receivables Credit Quality	74,435	11,452
Total by Grade \| Commercial loans \| Municipal leases
Financing Receivables Credit Quality	$ 106,215	$ 116,377

4. Loans: Schedule of Past Due Financing Receivables (Details) - USD ($) $ in Thousands	Jun. 30, 2014	Jun. 30, 2013
Financing receivable Recorded Investment 30 to 89 Days Past Due		$ 4
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due		35
Financing Receivable, Recorded Investment, Past Due		39
Financing Receivable, Recorded Investment, Current		3,310
Total loans receivable		3,349
Total loans
Financing receivable Recorded Investment 30 to 89 Days Past Due		11,725
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due		23,624
Financing Receivable, Recorded Investment, Past Due		35,349
Financing Receivable, Recorded Investment, Current		1,130,181
Total loans receivable		1,165,530
Retail consumer loans \| One to four family loans
Financing receivable Recorded Investment 30 to 89 Days Past Due	$ 4,929	7,031
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	8,208	8,827
Financing Receivable, Recorded Investment, Past Due	13,137	15,858
Financing Receivable, Recorded Investment, Current	647,063	586,192
Total loans receivable	660,200	602,050
Retail consumer loans \| Home equity lines of credit
Financing receivable Recorded Investment 30 to 89 Days Past Due	400	450
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	939	1,656
Financing Receivable, Recorded Investment, Past Due	1,339	2,106
Financing Receivable, Recorded Investment, Current	147,040	123,570
Total loans receivable	148,379	125,676
Retail consumer loans \| Construction and land/lots loans
Financing receivable Recorded Investment 30 to 89 Days Past Due	508	242
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	122	429
Financing Receivable, Recorded Investment, Past Due	630	671
Financing Receivable, Recorded Investment, Current	58,619	50,875
Total loans receivable	59,249	51,546
Retail consumer loans \| Consumer loans
Financing receivable Recorded Investment 30 to 89 Days Past Due	34
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	16
Financing Receivable, Recorded Investment, Past Due	50
Financing Receivable, Recorded Investment, Current	15,114
Total loans receivable	15,164
Commercial loans \| Commercial real estate loans
Financing receivable Recorded Investment 30 to 89 Days Past Due	306	3,805
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	6,729	7,085
Financing Receivable, Recorded Investment, Past Due	7,035	10,890
Financing Receivable, Recorded Investment, Current	370,734	220,196
Total loans receivable	377,769	231,086
Commercial loans \| Construction and development loans
Financing receivable Recorded Investment 30 to 89 Days Past Due	1,165
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	3,789	5,420
Financing Receivable, Recorded Investment, Past Due	4,954	5,420
Financing Receivable, Recorded Investment, Current	51,503	18,574
Total loans receivable	56,457	23,994
Commercial loans \| Commercial and industrial loans
Financing receivable Recorded Investment 30 to 89 Days Past Due	183	193
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	576	172
Financing Receivable, Recorded Investment, Past Due	759	365
Financing Receivable, Recorded Investment, Current	73,676	11,087
Total loans receivable	74,435	11,452
Commercial loans \| Municipal leases
Financing Receivable, Recorded Investment, Current	106,215	116,377
Total loans receivable	106,215	$ 116,377
Commercial loans \| Total loans
Financing receivable Recorded Investment 30 to 89 Days Past Due	7,525
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	20,379
Financing Receivable, Recorded Investment, Past Due	27,904
Financing Receivable, Recorded Investment, Current	1,469,964
Total loans receivable	$ 1,497,868

4. Loans: Schedule of Past Due Loans Still Accruing and Nonaccruing Interest (Details) - USD ($) $ in Thousands	Jun. 30, 2014	Jun. 30, 2013
Total loans nonaccruing and still accruing interest
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 47,011	$ 68,561
Retail consumer loans \| One to four family loans
Financing Receivable, Recorded Investment, Nonaccrual Status	17,968	29,811
Retail consumer loans \| Home equity lines of credit
Financing Receivable, Recorded Investment, Nonaccrual Status	3,114	3,793
Retail consumer loans \| Construction and land/lots loans
Financing Receivable, Recorded Investment, Nonaccrual Status	688	2,172
Retail consumer loans \| Consumer loans
Financing Receivable, Recorded Investment, Nonaccrual Status	27	42
Commercial loans \| Commercial real estate loans
Financing Receivable, Recorded Investment, Nonaccrual Status	16,941	21,149
Commercial loans \| Construction and development loans
Financing Receivable, Recorded Investment, Nonaccrual Status	6,270	10,172
Commercial loans \| Commercial and industrial loans
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 2,003	$ 1,422

4. Loans: Schedule of Troubled Debt Restructurings Performing and Excluded from Nonaccruing Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2014	Jun. 30, 2013
Performing Financing Receivable
Performing restructured loans included in impaired loans	$ 22,179	$ 14,012

4. Loans: Schedule of Ending Balances of Loans and the Related Allowance by Segment and Class (Details) - Allowance for Loan Losses - USD ($) $ in Thousands	Jun. 30, 2014	Jun. 30, 2013
Total loans
Financing Receivable Allowance for Credit Losses Individually Evaluated For Impairment	$ 1,064	$ 1,895
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	22,365	30,178
Allowance for Doubtful Accounts Receivable	23,429	32,073
Financing Receivable, Individually Evaluated for Impairment	50,421	72,955
Financing Receivable, Collectively Evaluated for Impairment	1,447,447	1,092,575
Loans Receivable Gross	1,497,868	1,165,530
Retail consumer loans \| One to four family loans
Financing Receivable Allowance for Credit Losses Individually Evaluated For Impairment	493	1,028
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	10,034	14,070
Allowance for Doubtful Accounts Receivable	10,527	15,098
Financing Receivable, Individually Evaluated for Impairment	23,929	35,255
Financing Receivable, Collectively Evaluated for Impairment	636,271	566,795
Loans Receivable Gross	660,200	602,050
Retail consumer loans \| Home equity lines of credit
Financing Receivable Allowance for Credit Losses Individually Evaluated For Impairment	134	479
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	2,353	3,348
Allowance for Doubtful Accounts Receivable	2,487	3,827
Financing Receivable, Individually Evaluated for Impairment	3,014	4,322
Financing Receivable, Collectively Evaluated for Impairment	145,365	121,354
Loans Receivable Gross	148,379	125,676
Retail consumer loans \| Construction and land/lots loans
Financing Receivable Allowance for Credit Losses Individually Evaluated For Impairment	379	19
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	2,041	2,871
Allowance for Doubtful Accounts Receivable	2,420	2,890
Financing Receivable, Individually Evaluated for Impairment	1,735	1,844
Financing Receivable, Collectively Evaluated for Impairment	57,514	49,702
Loans Receivable Gross	59,249	51,546
Retail consumer loans \| Consumer loans
Financing Receivable Allowance for Credit Losses Individually Evaluated For Impairment	3	3
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	294	135
Allowance for Doubtful Accounts Receivable	297	138
Financing Receivable, Individually Evaluated for Impairment	10	3
Financing Receivable, Collectively Evaluated for Impairment	15,154	3,346
Loans Receivable Gross	15,164	3,349
Commercial loans \| Commercial real estate loans
Financing Receivable Allowance for Credit Losses Individually Evaluated For Impairment	26	110
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	5,413	6,473
Allowance for Doubtful Accounts Receivable	5,439	6,583
Financing Receivable, Individually Evaluated for Impairment	13,784	19,446
Financing Receivable, Collectively Evaluated for Impairment	363,985	211,640
Loans Receivable Gross	377,769	231,086
Commercial loans \| Construction and development loans
Financing Receivable Allowance for Credit Losses Individually Evaluated For Impairment	26	255
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	1,215	2,144
Allowance for Doubtful Accounts Receivable	1,241	2,399
Financing Receivable, Individually Evaluated for Impairment	5,571	9,780
Financing Receivable, Collectively Evaluated for Impairment	50,886	14,214
Loans Receivable Gross	56,457	23,994
Commercial loans \| Commercial and industrial loans
Financing Receivable Allowance for Credit Losses Individually Evaluated For Impairment	3	1
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	246	155
Allowance for Doubtful Accounts Receivable	249	156
Financing Receivable, Individually Evaluated for Impairment	2,378	2,305
Financing Receivable, Collectively Evaluated for Impairment	72,057	9,147
Loans Receivable Gross	74,435	11,452
Commercial loans \| Municipal leases
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	769	982
Allowance for Doubtful Accounts Receivable	769	982
Financing Receivable, Collectively Evaluated for Impairment	106,215	116,377
Loans Receivable Gross	$ 106,215	$ 116,377

4. Loans: Schedule of Impaired Loans and Related Allowance by Segment and Class (Details) - Total Impaired Loans - USD ($) $ in Thousands	Jun. 30, 2014	Jun. 30, 2013
Impaired Financing Receivable, with Related Allowance, Recorded Investment	$ 29,683
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	33,144
Impaired Financing Receivable, Recorded Investment	62,827
Impaired Financing Receivable, Related Allowance	1,491
Total impaired loans
Impaired Financing Receivable, with Related Allowance, Recorded Investment		$ 19,603
Impaired Financing Receivable, with No Related Allowance, Recorded Investment		70,136
Impaired Financing Receivable, Recorded Investment		89,739
Impaired Financing Receivable, Related Allowance		2,111
Retail consumer loans \| One to four family loans
Impaired Financing Receivable, with Related Allowance, Recorded Investment	17,379	14,194
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	14,614	30,219
Impaired Financing Receivable, Recorded Investment	31,993	44,413
Impaired Financing Receivable, Related Allowance	678	1,176
Retail consumer loans \| Home equity lines of credit
Impaired Financing Receivable, with Related Allowance, Recorded Investment	2,445	3,303
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	2,305	2,651
Impaired Financing Receivable, Recorded Investment	4,750	5,954
Impaired Financing Receivable, Related Allowance	166	518
Retail consumer loans \| Construction and land/lots loans
Impaired Financing Receivable, with Related Allowance, Recorded Investment	1,737	551
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	109	1,649
Impaired Financing Receivable, Recorded Investment	1,846	2,200
Impaired Financing Receivable, Related Allowance	411	38
Retail consumer loans \| Consumer loans
Impaired Financing Receivable, with Related Allowance, Recorded Investment	16	39
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	11	3
Impaired Financing Receivable, Recorded Investment	27	42
Impaired Financing Receivable, Related Allowance	3	4
Commercial loans \| Commercial real estate loans
Impaired Financing Receivable, with Related Allowance, Recorded Investment	6,228	998
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	9,114	22,716
Impaired Financing Receivable, Recorded Investment	15,342	23,714
Impaired Financing Receivable, Related Allowance	166	119
Commercial loans \| Construction and development loans
Impaired Financing Receivable, with Related Allowance, Recorded Investment	1,043	518
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	5,088	10,034
Impaired Financing Receivable, Recorded Investment	6,131	10,552
Impaired Financing Receivable, Related Allowance	54	256
Commercial loans \| Commercial and industrial loans
Impaired Financing Receivable, with Related Allowance, Recorded Investment	835
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	1,903	2,864
Impaired Financing Receivable, Recorded Investment	2,738	$ 2,864
Impaired Financing Receivable, Related Allowance	$ 13

4. Loans: Impaired Loans Not Individually Evaluated Policy: Impaired Loans Not Individually Evaluated (Details) - USD ($) $ in Thousands	Jun. 30, 2014	Jun. 30, 2013
Details
Impaired Loans Not Individually Evaluated	$ 12,406	$ 16,613
Recorded Allowance of Impaired Loans Not Individually Evaluated	$ 427	$ 216

4. Loans: Schedule of Changes in Accretable Yield for Purchased Impaired Loans (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2014 USD ($)
Certain Loans Acquired in Transfer Accretable Yield Interest Income	$ (633)
BankGreenville
Certain Loans Acquired in Transfer Accretable Yield Additions	1,835
Jefferson
Certain Loans Acquired in Transfer Accretable Yield Additions	4,949
Balance End Of Period
Loans Acquired Accretable Yield	$ 6,151

4. Loans: Schedule of Purchased Performing Loans -- Jefferson Bancshares, Inc. (Details) - Jefferson - USD ($) $ in Thousands	Jun. 30, 2014	May 31, 2014
Contractually Required Principal Payments Receivable
Business Acquisition Performing Loans Purchased	$ 304,591	$ 305,329
Fair Value Adjustment For Credit Interest Rate And Liquidity
Business Acquisition Performing Loans Purchased	6,514	6,539
Fair Value Of Purchased Loans Receivable
Business Acquisition Performing Loans Purchased	$ 298,077	$ 298,790

4. Loans: Schedule of Purchased Performing Loans -- BankGreenville Financial Corporation (Details) - BankGreenville - USD ($) $ in Thousands	Jun. 30, 2014	Jul. 31, 2013
Contractually Required Principal Payments Receivable
Business Acquisition Performing Loans Purchased	$ 30,226	$ 41,077
Fair Value Adjustment For Credit Interest Rate And Liquidity
Business Acquisition Performing Loans Purchased	2,108	2,854
Fair Value Of Purchased Loans Receivable
Business Acquisition Performing Loans Purchased	$ 28,118	$ 38,223

4. Loans: Schedule of Purchased Impaired Loans -- Jefferson Bancshares, Inc. (Details) - Purchased Impaired Loans - Jefferson - USD ($) $ in Thousands	Jun. 30, 2014	May 31, 2014
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Acquired During Period, Contractually Required Payments Receivable at Acquisition		$ 40,689
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Acquired During Period Amounts Not Expected to Be Collected -- Nonaccretable Difference		5,719
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Acquired During Period Estimated Payments Expected To Be Received		34,970
Certain Loans Acquired in Transfer, Accretable Yield		4,949
Certain Loans Acquired In Transfer Acquired During Period Fair Value of Purchased Impaired Loans		$ 30,021
Certain Loans Acquired In Transfer Acquired During Period Carrying Value of Purchased Impaired Loans	$ 29,849
Certain Loans Acquired In Transfer Acquired During Period Unpaid Principal Balance of Purchased Impaired Loans	$ 35,684

4. Loans: Schedule of Purchased Impaired Loans -- BankGreenville Financial Corporation (Details) - Purchased Impaired Loans - BankGreenville - USD ($) $ in Thousands	Jun. 30, 2014	Jul. 31, 2013
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Acquired During Period, Contractually Required Payments Receivable at Acquisition		$ 12,817
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Acquired During Period Amounts Not Expected to Be Collected -- Nonaccretable Difference		1,375
Certain Loans Acquired In Transfer Not Accounted For As Debt Securities Acquired During Period Estimated Payments Expected To Be Received		11,442
Certain Loans Acquired in Transfer, Accretable Yield		1,835
Certain Loans Acquired In Transfer Acquired During Period Fair Value of Purchased Impaired Loans		$ 9,607
Certain Loans Acquired In Transfer Acquired During Period Carrying Value of Purchased Impaired Loans	$ 9,008
Certain Loans Acquired In Transfer Acquired During Period Unpaid Principal Balance of Purchased Impaired Loans	$ 10,697

4. Loans: Troubled Debt Restructurings on Financing Receivables (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2014 USD ($)	Jun. 30, 2013 USD ($)
Total troubled debt restructured loans below market interest rate
Financing Receivable, Modifications, Number of Contracts	12	5
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$ 788	$ 1,358
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 791	$ 1,334
Total troubled debt restructured loans
Financing Receivable, Modifications, Number of Contracts	37	149
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$ 3,253	$ 11,678
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 3,189	$ 10,643
Below market interest rate \| Retail consumer loans \| One to four family loans
Financing Receivable, Modifications, Number of Contracts	8	4
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$ 417	$ 1,121
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 424	$ 1,103
Below market interest rate \| Retail consumer loans \| Home equity lines of credit
Financing Receivable, Modifications, Number of Contracts	4
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$ 371
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 367
Below market interest rate \| Commercial loans \| Commercial real estate loans
Financing Receivable, Modifications, Number of Contracts		1
Financing Receivable, Modifications, Pre-Modification Recorded Investment		$ 237
Financing Receivable, Modifications, Post-Modification Recorded Investment		$ 231
Extended payment terms \| Total troubled debt restructured loans extended payment terms
Financing Receivable, Modifications, Number of Contracts	4	7
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$ 379	$ 182
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 355	$ 173
Extended payment terms \| Retail consumer loans \| One to four family loans
Financing Receivable, Modifications, Number of Contracts	4	2
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$ 379	$ 87
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 355	$ 83
Extended payment terms \| Retail consumer loans \| Home equity lines of credit
Financing Receivable, Modifications, Number of Contracts		4
Financing Receivable, Modifications, Pre-Modification Recorded Investment		$ 85
Financing Receivable, Modifications, Post-Modification Recorded Investment		$ 80
Extended payment terms \| Commercial loans \| Commercial and industrial loans
Financing Receivable, Modifications, Number of Contracts		1
Financing Receivable, Modifications, Pre-Modification Recorded Investment		$ 10
Financing Receivable, Modifications, Post-Modification Recorded Investment		$ 10
Other Troubled Debt Restructurings \| Total troubled debt restructured loans other troubled debt restructurings
Financing Receivable, Modifications, Number of Contracts	21	137
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$ 2,086	$ 10,138
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 2,043	$ 9,136
Other Troubled Debt Restructurings \| Retail consumer loans \| One to four family loans
Financing Receivable, Modifications, Number of Contracts	17	85
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$ 1,257	$ 6,830
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 1,272	$ 6,456
Other Troubled Debt Restructurings \| Retail consumer loans \| Home equity lines of credit
Financing Receivable, Modifications, Number of Contracts	2	39
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$ 42	$ 1,232
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 4	$ 1,157
Other Troubled Debt Restructurings \| Retail consumer loans \| Construction and land/lots loans
Financing Receivable, Modifications, Number of Contracts	2	8
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$ 787	$ 395
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 767	$ 377
Other Troubled Debt Restructurings \| Commercial loans \| Commercial real estate loans
Financing Receivable, Modifications, Number of Contracts		4
Financing Receivable, Modifications, Pre-Modification Recorded Investment		$ 1,651
Financing Receivable, Modifications, Post-Modification Recorded Investment		$ 1,119
Other Troubled Debt Restructurings \| Commercial loans \| Commercial and industrial loans
Financing Receivable, Modifications, Number of Contracts		1
Financing Receivable, Modifications, Pre-Modification Recorded Investment		$ 30
Financing Receivable, Modifications, Post-Modification Recorded Investment		$ 27

4. Loans: Loans and Leases Receivable, Troubled Debt Restructuring Policy: Increase in Troubled Debt Restructurings (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2013 USD ($)
One to four family loans
Increase in Number of Troubled Debt Restructurings	91
Increase in Amount of Troubled Debt Restructurings	$ 8,000
Number of Troubled Debt Restructurings per OCC Requirements	77
Amount of Troubled Debt Restructurings Per OCC Requirements	$ 4,900
Home equity lines of credit
Increase in Number of Troubled Debt Restructurings	43
Number of Troubled Debt Restructurings per OCC Requirements	41
Amount of Troubled Debt Restructurings Per OCC Requirements	$ 1,200
Home Equity Line of Credit
Increase in Amount of Troubled Debt Restructurings as a Result of Regulations	$ 1,300

5. Premises and Equipment: Property, Plant and Equipment (Details) - USD ($) $ in Thousands	Jun. 30, 2014	Jun. 30, 2013
Details
Land	$ 12,588	$ 5,720
Capital Leased Assets, Gross	2,052	2,052
Office buildings	44,899	26,286
Furniture and Fixtures, Gross	13,391	12,456
Property, Plant, and Equipment, Owned, Gross	72,930	46,514
Property, Plant, and Equipment, Owned, Accumulated Depreciation	(25,519)	(24,114)
Property, Plant, and Equipment, Owned, Net	$ 47,411	$ 22,400

7. Goodwill and Core Deposit Intangibles: Amortization expense related to core deposit intangibles (Details) $ in Thousands	12 Months Ended
	Jun. 30, 2014 USD ($)
2015
Core Deposit Intangible Assets, Amortization Expense	$ 1,110
2016
Core Deposit Intangible Assets, Amortization Expense	839
2017
Core Deposit Intangible Assets, Amortization Expense	698
2018
Core Deposit Intangible Assets, Amortization Expense	560
2019
Core Deposit Intangible Assets, Amortization Expense	425
Thereafter
Core Deposit Intangible Assets, Amortization Expense	382
Total
Core Deposit Intangible Assets, Amortization Expense	$ 4,014

8. Deposit Accounts: Schedule of Deposit Accounts (Details) - USD ($) $ in Thousands	Jun. 30, 2014	Jun. 30, 2013
Noninterest-bearing Deposit Liabilities	$ 123,285	$ 60,828
Interest-bearing Domestic Deposit, Negotiable Order of Withdrawal (NOW)	295,386	195,659
Interest-bearing Domestic Deposit, Money Market	354,247	275,718
Interest-bearing Domestic Deposit, Savings	175,974	82,158
Interest-bearing Domestic Deposit, Certificates of Deposits	634,155	540,387
Interest-bearing Deposit Liabilities	$ 1,583,047	$ 1,154,750
Noninterest bearing deposit liabilities
Weighted Average Interest Rates	0.00%	0.00%
Interest bearing domestic deposit negotiable order of withdrawal (NOW)
Weighted Average Interest Rates	0.10%	0.11%
Interest bearing domestic deposit money market
Weighted Average Interest Rates	0.24%	0.28%
Interest bearing domestic deposit savings
Weighted Average Interest Rates	0.19%	0.19%
Interest bearing domestic certificates of deposit
Weighted Average Interest Rates	0.70%	0.90%
Interest bearing deposit liabilities
Weighted Average Interest Rates	0.37%	0.52%