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Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	Sep. 30, 2014	Nov. 06, 2014
Document and Entity Information:
Entity Registrant Name	HomeTrust Bancshares, Inc.
Document Type	10-Q
Document Period End Date	Sep. 30, 2014
Amendment Flag	false
Entity Central Index Key	0001538263
Current Fiscal Year End Date	--06-30
Entity Common Stock, Shares Outstanding		20,101,752
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2015
Document Fiscal Period Focus	Q1

HOMETRUST BANCSHARES, INC. AND SUBSIDIARY -- Consolidated Balance Sheets (September 30, 2014 figures unaudited) - USD ($) $ in Thousands	Sep. 30, 2014	Jun. 30, 2014
Assets
Cash	$ 19,397	$ 19,801
Interest-bearing deposits	12,826	26,029
Cash and cash equivalents	32,223	45,830
Certificates of deposit in other banks	175,869	163,780
Securities available for sale, at fair value	176,237	168,749
Other investments, at cost	12,758	3,697
Loans held for sale	2,632	2,537
Total loans, net of deferred loan fees and discount	1,608,214	1,496,528
Allowance for loan losses	(23,080)	(23,429)
Net loans	1,585,134	1,473,099
Premises and equipment, net	49,983	47,411
Accrued interest receivable	7,270	6,787
Real estate owned (REO)	14,514	15,725
Deferred income taxes	59,080	58,381
Bank owned life insurance	76,419	71,285
Goodwill	13,768	9,815
Core deposit intangibles	4,240	4,014
Other assets	3,768	3,344
Total Assets	2,213,895	2,074,454
Liabilities
Deposits	1,658,793	1,583,047
Other borrowings	112,000	50,000
Capital lease obligations	1,993	1,998
Other liabilities	63,061	62,258
Total liabilities	1,835,847	1,697,303
Stockholders' Equity
Common stock	205	207
Additional paid in capital	224,434	225,889
Retained earnings	162,588	160,332
Unearned Employee Stock Ownership Plan (ESOP) shares	(9,390)	(9,522)
Accumulated other comprehensive income	211	245
Total stockholders' equity	378,048	377,151
Total Liabilities and Stockholders' Equity	$ 2,213,895	$ 2,074,454

HOMETRUST BANCSHARES, INC. AND SUBSIDIARY -- Consolidated Balance Sheets (Parentheticals) (September 30, 2014 figures unaudited) - $ / shares	Sep. 30, 2014	Jun. 30, 2014
Statements of Financial Condition
Preferred stock par value	$ 0.01	$ 0.01
Preferred stock authorized shares	10,000,000	10,000,000
Preferred stock issued shares	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	20,507,248	20,632,008
Common stock shares outstanding	20,507,248	20,632,008

HOMETRUST BANCSHARES, INC. AND SUBSIDIARY -- Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Interest and Dividend Income
Loans	$ 18,557	$ 14,082
Securities available for sale	805	297
Certificates of deposit and other interest-bearing deposits	439	452
Other investments	64	12
Total interest and dividend income	19,865	14,843
Interest Expense
Deposits	1,227	1,543
Other borrowings	38	3
Total interest expense	1,265	1,546
Net Interest Income	18,600	13,297
Recovery of Loan Losses	(250)	(2,300)
Net Interest Income after Recovery for Loan Losses	18,850	15,597
Noninterest Income
Service charges on deposit accounts	1,062	679
Mortgage banking income and fees	846	998
Other noninterest income, net	861	594
Total noninterest income	2,769	2,271
Noninterest Expense
Salaries and employee benefits	9,808	7,177
Net occupancy expense	1,853	1,150
Marketing and advertising	388	355
Telephone, postage, and supplies	678	382
Deposit insurance premiums	430	335
Computer services	1,353	889
Gain on sale and impairment of REO	(36)	(271)
REO expense	356	454
Core deposit intangible amortization	413	29
Merger-related expenses	1,421	219
Other noninterest expense	1,833	1,156
Total other expense	18,497	11,875
Income Before Income Taxes	3,122	5,993
Income Tax Expense	866	2,666
Net Income	$ 2,256	$ 3,327
Net income per common share:
Basic	$ 0.12	$ 0.17
Diluted	$ 0.12	$ 0.17
Average shares outstanding:
Basic	19,178,607	19,288,154
Diluted	19,242,722	19,377,896

HOMETRUST BANCSHARES, INC. AND SUBSIDIARY -- Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Statements of Comprehensive Income
Net Income	$ 2,256	$ 3,327
Unrealized holding losses on securities available for sale
Losses arising during the period	(52)	(102)
Deferred income tax benefit	18	35
Total other comprehensive loss	(34)	(67)
Comprehensive Income	$ 2,222	$ 3,260

- 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, 2013		$ 208	$ 227,397	$ 149,990	$ (10,051)	$ (29)	$ 367,515
Net income	$ 3,327			3,327			3,327
Stock repurchased	(3,594)	(2)	(3,592)				(3,594)
Stock option expense			325				325
Restricted stock expense			343				343
ESOP shares allocated			85		132		217
Other comprehensive income (loss)	(67)					(67)	(67)
Balance at end of period at Sep. 30, 2013		206	224,558	153,317	(9,919)	(96)	368,066
Balance at beginning of period at Jun. 30, 2014		207	225,889	160,332	(9,522)	245	377,151
Net income	2,256			2,256			2,256
Stock repurchased	(2,538)	(2)	(2,536)				(2,538)
Exercised stock options	339		259				259
Stock option expense			365				365
Restricted stock expense			388				388
ESOP shares allocated			69		132		201
Other comprehensive income (loss)	$ (34)					(34)	(34)
Balance at end of period at Sep. 30, 2014		$ 205	$ 224,434	$ 162,588	$ (9,390)	$ 211	$ 378,048

- 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 Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Operating Activities:
Net income	$ 2,256	$ 3,327
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Recovery of loan losses	(250)	(2,300)
Depreciation	760	556
Deferred income tax expense	668	2,686
Net amortization and accretion	(491)	(129)
Gain on sale and impairment of REO	(36)	(271)
Gain on sale of loans held for sale	(430)	(613)
Origination of loans held for sale	(16,776)	(27,092)
Proceeds from sales of loans held for sale	17,111	32,369
Decrease in deferred loan fees, net	(620)	(53)
Increase in accrued interest receivable and other assets	(854)	(969)
Amortization of core deposit intangibles	413	29
ESOP compensation expense	201	217
Restricted stock and stock option expense	673	668
Decrease in other liabilities	(5,566)	(2,499)
Net cash provided by (used in) operating activities	(2,941)	5,897
Investing Activities:
Purchase of securities available for sale	(5,303)	(41,810)
Proceeds from maturities of securities available for sale	16,000
Purchase of certificates of deposit in other banks	(23,935)	(16,655)
Maturities of certificates of deposit in other banks	11,846	7,666
Principal repayments of mortgage-backed securities	5,792	2,909
Net purchases (redemptions)of other investments	(8,270)	212
Net decrease (increase) in loans	(24,575)	13,431
Purchase of premises and equipment	(3,197)	(611)
Capital improvements to REO	(42)	(96)
Proceeds from sale of REO	1,822	1,262
Acquisition of BankGreenville Financial Corporation, net of cash paid		1,475
Acquisition of Bank of Commerce, net of cash paid	(7,759)
Net cash used in investing activities	(37,621)	(32,217)
Financing Activities:
Net decrease in deposits	(17,669)	(370)
Net increase (decrease) in other borrowings	46,828	(2,507)
Common stock repurchased	(2,538)	(3,594)
Exercised stock options	339
Decrease in capital lease obligations	(5)	(4)
Net cash provided by (used in) financing activities	26,955	(6,475)
Net Decrease in Cash and Cash Equivalents	(13,607)	(32,795)
Cash and Cash Equivalents at Beginning of Period	45,830	125,713
Cash and Cash Equivalents at End of Period	32,223	92,918
Cash paid during the period for:
Interest	809	1,375
Income taxes	120	13
Noncash transactions:
Unrealized loss in value of securities available for sale, net of income taxes	(34)	(67)
Transfers of loans to REO	309	1,615
Loans originated to finance the sale of REO		94
Business Combinations:
Assets acquired	124,956	103,905
Liabilities assumed	114,956	94,352
Net assets acquired	$ 10,000	$ 9,553

1. Summary of Significant Accounting Policies

3 Months Ended

Sep. 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, National Association (the “Bank”). As used throughout this report, the term the “Company” refers to HomeTrust and the Bank, its consolidated subsidiary, unless the context otherwise requires.

The accompanying unaudited consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States (“US GAAP”) for interim financial information and in accordance with the instructions to Form 10-Q and Article 10 of Regulation S-X as promulgated by the Securities and Exchange Commission (“SEC”). Accordingly, they do not include all the information and footnotes required by US GAAP for complete financial statements. In the opinion of management, all adjustments (consisting of normal recurring accruals) considered necessary for a fair presentation of the financial position and results of operations for the periods presented have been included. It is recommended that these unaudited interim consolidated financial statements be read in conjunction with the audited consolidated financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the year ended June 30, 2014 (“2014 Form 10-K”) filed with the SEC on September 15, 2014. The results of operations for the three months ended September 30, 2014 are not necessarily indicative of results that may be expected for the entire fiscal year ending June 30, 2015. Certain prior year amounts have been reclassified to conform to current fiscal year presentation. The reclassifications had no impact on previously reported net income or equity.

The preparation of financial statements in conformity with US GAAP requires management to make estimates and assumptions that affect amounts reported in the financial statements. Various elements of the Company’s accounting policies, by their nature, are inherently subject to estimation techniques, valuation assumptions and other subjective assessments. In particular, management has identified several accounting policies that, due to the judgments, estimates and assumptions inherent in those policies, are critical to an understanding of the Company’s financial statements. These policies relate to (i) the determination of the provision and the allowance for loan losses, (ii) business combinations, (iii) the valuation of REO, (iv) the calculation of post retirement plan expenses and benefits, and (v) the valuation of or recognition of deferred tax assets and liabilities. These policies and judgments, estimates and assumptions are described in greater detail in subsequent notes to the Consolidated Financial Statements and Management’s Discussion and Analysis of Financial Condition and Results of Operations (Critical Accounting Policies) in our 2014 Form 10-K. Management believes that the judgments, estimates and assumptions used in the preparation of the financial statements are appropriate based on the factual circumstances at the time. However, given the sensitivity of the financial statements to these critical accounting policies, the use of other judgments, estimates and assumptions could result in material differences in the Company’s results of operations or financial condition. Further, subsequent changes in economic or market conditions could have a material impact on these estimates and the Company’s financial condition and operating results in future periods.

2. Recent Accounting Pronouncements

3 Months Ended

Sep. 30, 2014

Notes

2. Recent Accounting Pronouncements

2. Recent Accounting Pronouncements

In July 2013, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“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, "Receivables--Troubled Debt Restructurings by Creditors (Subtopic 310-40): 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.

In August 2014, the FASB issued ASU No. 2014-14, “Receivables-Troubled Debt Restructuring by Creditors (Subtopic 310-40): Classification of Certain Government-Guaranteed Mortgage Loans upon Foreclosure”. The amendments in this Update require that a mortgage loan be derecognized and that a separate other receivable be recognized upon foreclosure if the following conditions are met: (1) the loan has a government guarantee that is not separable from the loan before foreclosure; (2) at the time of foreclosure, the creditor has the intent to convey the real estate property to the guarantor and make a claim of the guarantee, and the creditor has the ability to recover under that claim; and (3) at the time of foreclosure, any amount of the claim that is determined on the basis of the fair value of the real estate is fixed. Upon foreclosure, the separate other receivable should be measured based on the amount of the loan balance (principal and interest) expected to be recovered from the guarantor. The amendments in this ASU are effective for annual periods, and interim periods within those annual periods, beginning after December 15, 2014. The adoption of ASU No. 2014-14 is not expected to have a material impact on the Company’s Consolidated Financial Statements.

- Definition

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

+ References

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

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Glossary Direct Effects of a Change in Accounting Principle
-URI http://asc.fasb.org/extlink&oid=6510796

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=28359718&loc=d3e22583-107794

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

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=28359718&loc=d3e22580-107794

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

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

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 250
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=28359718&loc=d3e22499-107794

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

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 13
-URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e765-108305

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 270
-SubTopic 10
-Section 45
-Paragraph 12
-URI http://asc.fasb.org/extlink&oid=6372559&loc=d3e725-108305

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 01
-Paragraph b
-Subparagraph 6
-Article 10

+ Details

3. Business Combinations

3 Months Ended

Sep. 30, 2014

Notes

3. Business Combinations

3. Business Combinations

On July 31, 2014, the Bank completed its acquisition of Bank of Commerce in accordance with the terms of the Agreement and Plan of Share Exchange 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 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 Bank of Commerce’s net assets was allocated to goodwill. The book value as of July 31, 2014, of assets acquired was $122.5 million and liabilities assumed was $114.7 million. The Company recorded $4.0 million in goodwill related to the acquisition.

The following table presents the consideration paid by the Bank in the acquisition of Bank of Commerce and the assets acquired and liabilities assumed as of July 31, 2014:

				Fair Value and		As
		As Recorded		Other Merger		Recorded
		By Bank of		Related		by the
		Commerce		Adjustments		Company

Consideration Paid
Cash paid					$	10,000
Total consideration					$	10,000

Assets
Cash and cash equivalents	$	2,241	$	-	$	2,241
Securities available for sale		24,228		-		24,228
Loans, net of allowance		89,339		(3,131)		86,208
Federal Home Loan Bank (“FHLB”) Stock		791		-		791
REO		224		-		224
Premises and equipment, net		135		-		135
Accrued interest receivable		355		(100)		255
Deferred income taxes		286		1,064		1,350
Core deposit intangibles		-		640		640
Other assets		4,931		-		4,931
Total assets acquired	$	122,530	$	(1,527)	$	121,003

Liabilities
Deposits	$	93,303	$	112	$	93,415
Other borrowings		15,000		172		15,172
Other liabilities		6,369		-		6,369
Total liabilities assumed	$	114,672	$	284	$	114,956
Net identifiable assets acquired over liabilities assumed	$	7,858	$	(1,811)		6,047
Goodwill					$	3,953

The carrying amount of acquired loans from Bank of Commerce as of July 31, 2014 consisted of purchased performing loans and purchased credit-impaired (“PCI”) loans as detailed in the following table:

		Purchased				Total
		Performing		PCI		Loans
Retail Consumer Loans:
One-to-four family	$	2,717	$	2,979	$	5,696
Home equity lines of credit		8,823		317		9,140
Consumer		37		15		52
Commercial:
Commercial real estate		28,772		30,047		58,819
Construction and development		202		3,020		3,222
Commercial and industrial		5,402		3,877		9,279
Total	$	45,953	$	40,255	$	86,208

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:

		As		Fair Value and		As
		Recorded		Other Merger		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 carrying amount of acquired loans from Jefferson as of May 31, 2014 consisted of purchased performing loans and PCI as detailed in the following table:

		Purchased				Total
		Performing		PCI		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		4,181		2		4,183
Commercial:
Commercial real estate		118,714		15,649		134,363
Construction and development		24,658		1,012		25,670
Commercial and industrial		52,863		6,350		59,213
Total	$	299,461	$	30,021	$	329,482

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. 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
		As Recorded		Other Merger		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
Investment securities		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
Other assets		214		-		214
Core deposit intangibles		-		530		530
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 carrying amount of acquired loans from BankGreenville as of July 31, 2013 consisted of purchased performing loans and PCI as detailed in the following table:

		Purchased				Total
		Performing		PCI		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

The following table discloses the impact of the acquisition of Bank of Commerce since the effective date of July 31, 2014 through September 30, 2014. In addition, the table presents certain pro forma information as if Bank of Commerce, Jefferson, and BankGreenville had been acquired on July 1, 2014 and July 1, 2013. Although, this pro forma information combines the historical results from each company, it is not indicative of what would have occurred had the acquisition taken place on July 1, 2014 and July 1, 2013. Adjustments were made for the estimated impact of certain fair value adjustments and other acquisition-related activity while significant one-time merger-related expenses are not included. Furthermore, expenses related to systems conversions and other costs of integration have been recorded throughout fiscal year 2014 and are expected to be recorded throughout fiscal year 2015. Additionally, the Company expects to achieve further operating cost savings as a result of the acquisitions which are not reflected in the pro forma amounts below:

		Actual		Pro Forma		Pro Forma
		Three Months Ended		Three Months Ended		Three Months Ended
		September 30, 2014		September 30, 2014		September 30, 2013
Total revenues*	$	18,600	$	21,767	$	38,450
Net income		2,256		1,996		5,639

* Net interest income plus other income

- 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
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 5
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1497-128463

Reference 2: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1490-128463

Reference 3: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1392-128463

Reference 4: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e7008-128479

Reference 5: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1486-128463

Reference 6: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e6927-128479

Reference 7: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=39739317&loc=d3e4845-128472

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 6
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1500-128463

Reference 9: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 7
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1524-128463

Reference 10: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e7000-128479

Reference 11: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=39739317&loc=d3e4922-128472

Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 4
-URI http://asc.fasb.org/extlink&oid=39739317&loc=d3e4934-128472

Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
-Section 50
-Paragraph 3
-URI http://asc.fasb.org/extlink&oid=39739317&loc=d3e4926-128472

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=25497992&loc=d3e1383-128463

Reference 15: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 30
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=35744584&loc=d3e6996-128479

+ Details

4. Securities Available For Sale

3 Months Ended

Sep. 30, 2014

Notes

4. Securities Available For Sale

4. Securities Available for Sale

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

	September 30, 2014
				Gross		Gross		Estimated
		Amortized		Unrealized		Unrealized		Fair
		Cost		Gains		Losses		Value
U.S. Government Agencies	$	38,765	$	103	$	(59)	$	38,809
Residential Mortgage-backed Securities of U.S.
Government Agencies and Government-
Sponsored Enterprises		117,418		398		(517)		117,299
Municipal Bonds		15,828		316		(8)		16,136
Corporate Bonds		3,906		87		-		3,993
Total	$	175,917	$	904	$	(584)	$	176,237

	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

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.

	September 30, 2014
		Amortized		Estimated
		Cost		Fair Value
Due within one year	$	2,518	$	2,518
Due after one year through five years		12,980		12,978
Due after five years through ten years		36,320		36,599
Due after ten years		6,681		6,843
Mortgage-backed securities		117,418		117,299
Total	$	175,917	$	176,237

The Company had no sales of securities during the three months ended September 30, 2014 and 2013.

Securities available for sale with costs totaling $42,355 and $51,036 with market values of $42,546 and $51,297 at September 30, 2014 and June 30, 2014, respectively, were pledged as collateral to secure various public deposits.

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 September 30, 2014 and June 30, 2014 were as follows:

	September 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	$	16,971	$	(59)	$	-	$	-		$	16,971	$	(59)
Mortgage-backed securities of
U.S. government agencies and
government-sponsored
enterprises		75,671		(505)		152		(12)			75,823		(517)
Taxable municipal securities		2,876		(8)		-		-			2,876		(8)
Total	$	95,518	$	(572)	$	152	$	(12)		$	95,670	$	(584)

	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)

The total number of securities with unrealized losses at September 30, 2014, and June 30, 2014 were 148 and 159, 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 three months ended September 30, 2014 or the year ended June 30, 2014.

As a requirement for membership, the Bank invests in stock of the FHLB of Atlanta and the Federal Reserve Bank. No ready market exists for this stock and the carrying value approximates its fair value based on the redemption provisions of the FHLB of Atlanta and the Federal Reserve Bank.

- Definition

Tabular disclosure of available-for-sale securities which includes, but is not limited to, changes in the cost basis and fair value, fair value and gross unrealized gain (loss), fair values by type of security, contractual maturity and classification, amortized cost basis, contracts to acquire securities to be accounted for as available-for-sale, debt maturities, transfers to trading, change in net unrealized holding gain (loss) net of tax, continuous unrealized loss position fair value, aggregate losses qualitative disclosures, other than temporary impairment (OTTI) losses or other disclosures related to available for sale securities.

+ References + Details

5. Loans

3 Months Ended

Sep. 30, 2014

Notes

5. Loans

5. Loans

Loans consist of the following at the dates indicated:

		September 30,		June 30,
		2014		2014
Retail consumer loans:
One-to-four family	$	656,068	$		660,200
Home equity lines of credit		158,220			148,379
Construction and land/lots		61,781			59,249
Indirect auto finance		15,449			8,833
Consumer		5,556			6,331
Total retail consumer loans		897,074			882,992
Commercial loans:
Commercial real estate		455,219			377,769
Construction and development		56,437			56,457
Commercial and industrial		91,126			74,435
Municipal leases		109,079			106,215
Total commercial loans		711,861			614,876
Total loans		1,608,935			1,497,868
Deferred loan fees, net		(721)			(1,340)
Total loans, net of deferred loan fees and discount		1,608,214			1,496,528
Allowance for loan and lease losses		(23,080)			(23,429)
Loans, net	$	1,585,134	$		1,473,099

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

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

				Special
		Pass		Mention		Substandard		Doubtful		Loss		Total
September 30, 2014
Retail consumer loans:
One-to-four family	$	597,955	$	15,069	$	30,133	$	3,156	$	9	$	646,322
Home equity lines of credit		151,492		1,053		4,696		553		2		157,796
Construction and land/lots		57,466		1,041		1,943		433		-		60,883
Indirect auto finance		15,400		49		-		-		-		15,449
Consumer		5,280		81		101		77		2		5,541
Commercial loans:
Commercial real estate		371,721		14,688		16,448		1,936		-		404,793
Construction and development		40,297		2,001		6,126		569		-		48,993
Commercial and industrial		80,706		819		1,464		-		1		82,990
Municipal leases		106,976		1,800		303		-		-		109,079
Total loans	$	1,427,293	$	36,601	$	61,214	$	6,724	$	14	$	1,531,846

				Special
		Pass		Mention		Substandard		Doubtful		Loss		Total
June 30, 2014
Retail consumer loans:
One-to-four family	$	602,409	$	17,639	$	28,974	$	2,907	$	10	$	651,939
Home equity lines of credit		141,008		1,605		4,967		420		2		148,002
Construction and land/lots		55,374		1,878		807		113		-		58,172
Indirect auto finance		8,801		32		-		-		-		8,833
Consumer		6,115		62		97		13		3		6,290
Commercial loans:
Commercial real estate		313,437		16,931		19,746		1,944		-		352,058
Construction and development		41,336		2,927		5,972		570		-		50,805
Commercial and industrial		66,481		873		1,723		-		3		69,080
Municipal leases		104,404		1,811		-		-		-		106,215
Total loans	$	1,339,365	$	43,758	$	62,286	$	5,967	$	18	$	1,451,394

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

				Special
		Pass		Mention		Substandard		Doubtful		Loss		Total
September 30, 2014
Retail consumer loans:
One-to-four family	$	4,947	$	939	$	3,860	$	-	$	-	$	9,746
Home equity lines of credit		57		-		367		-		-		424
Construction and land/lots		457		-		441		-		-		898
Indirect auto finance		-		-		-		-		-		-
Consumer		15		-		-		-		-		15
Commercial loans:
Commercial real estate		32,823		6,817		10,786		-		-		50,426
Construction and development		1,914		1,778		3,752		-		-		7,444
Commercial and industrial		6,504		456		1,176		-		-		8,136
Municipal leases		-		-		-		-		-		-
Total loans	$	46,717	$	9,990	$	20,382	$	-	$	-	$	77,089

				Special
		Pass		Mention		Substandard		Doubtful		Loss		Total
June 30, 2014
Retail consumer loans:
One-to-four family	$	4,904	$	-	$	3,357	$	-	$	-	$	8,261
Home equity lines of credit		7		-		370		-		-		377
Construction and land/lots		791		-		286		-		-		1,077
Indirect auto finance		-		-		-		-		-		-
Consumer		41		-		-		-		-		41
Commercial loans:
Commercial real estate		20,853		-		4,858		-		-		25,711
Construction and development		2,443		2,169		1,040		-		-		5,652
Commercial and industrial		4,647		-		708		-		-		5,355
Municipal leases		-		-		-		-		-		-
Total loans	$	33,686	$	2,169	$	10,619	$	-	$	-	$	46,474

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
September 30, 2014
Retail consumer loans:
One-to-four family	$	2,916	$	8,277	$	11,193	$	644,875	$	656,068
Home equity lines of credit		375		1,010		1,385		156,835		158,220
Construction and land/lots		176		732		908		60,873		61,781
Indirect auto finance		63		-		63		15,386		15,449
Consumer		31		20		51		5,505		5,556
Commercial loans:
Commercial real estate		3,731		8,064		11,795		443,424		455,219
Construction and development		111		3,728		3,839		52,598		56,437
Commercial and industrial		207		623		830		90,296		91,126
Municipal leases		555		303		858		108,221		109,079
Total loans	$	8,165	$	22,757	$	30,922	$	1,578,013	$	1,608,935

The table above includes PCI loans of $2,461 30-89 days past due and $4,096 90 days or more past due as of September 30, 2014.

		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
Indirect auto finance		-		-		-		8,833		8,833
Consumer		34		16		50		6,281		6,331
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

The table above includes PCI loans of $1,817 30-89 days past due and $4,189 90 days or more past due as of June 30, 2014.

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:

		September 30, 2014				June 30, 2014
				90 Days + &				90 Days + &
		Nonaccruing		still accruing		Nonaccruing		still accruing
Retail consumer loans:
One-to-four family	$	15,864	$	-	$	17,968	$	-
Home equity lines of credit		2,765		-		3,114		-
Construction and land/lots		782		-		688		-
Indirect auto finance		-		-		-		-
Consumer		35		-		27		-
Commercial loans:
Commercial real estate		16,910		-		16,941		-
Construction and development		6,771		-		6,270		-
Commercial and industrial		2,043		-		2,003		-
Municipal leases		303		-		-		-
Total loans	$	45,473	$	-	$	47,011	$	-

The table above includes PCI loans of $8,464 and $9,220 as of September 30, 2014 and June 30, 2014, respectively.

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 nonaccruing loans above at the dates indicated follow:

		September 30,		June 30,
		2014		2014

Performing TDRs included in impaired loans	$	18,737	$	22,179

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

	Three Months Ended September 30, 2014			Three Months Ended September 30, 2013
	Retail			Retail
	Consumer	Commercial	Total	Consumer	Commercial	Total
Balance at beginning of period	$15,731	$7,698	$23,429	$21,952	$10,121	$32,073
Provision for (recovery of) loan losses	(674)	424	(250)	(1,639)	(661)	(2,300)
Charge-offs	(479)	(197)	(676)	(714)	(214)	(928)
Recoveries	367	210	577	132	223	355
Balance at end of period	$14,945	$8,135	$23,080	$19,731	$9,469	$29,200

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
	PCI		impairment		Evaluated		Total		PCI		impairment		Evaluated		Total
September 30, 2014
Retail consumer loans:
One-to-four family	$-	$	432	$	9,082	$	9,514	$	9,746	$	23,328	$	622,994	$	656,068
Home equity	-		154		2,225		2,379		424		2,653		155,143		158,220
Construction and land/lots	-		655		2,097		2,752		898		2,272		58,611		61,781
Indirect auto finance	-		-		198		198		-		-		15,449		15,449
Consumer	-		3		100		103		15		9		5,532		5,556
Commercial loans:
Commercial real estate	-		20		5,609		5,629		50,426		15,608		389,185		455,219
Construction and development	-		67		1,265		1,332		7,444		5,509		43,484		56,437
Commercial and industrial	-		1		444		445		8,136		2,243		80,747		91,126
Municipal leases	-		-		728		728		-		-		109,079		109,079
Total	$-	$	1,332	$	21,748	$	23,080	$	77,089	$	51,622	$	1,480,224	$	1,608,935

June 30, 2014
Retail consumer loans:
One-to-four family	$-	$	493	$	10,034	$	10,527	$	8,261	$	23,929	$	628,010	$	660,200
Home equity	-		134		2,353		2,487		377		3,014		144,988		148,379
Construction and land/lots	-		379		2,041		2,420		1,077		1,735		56,437		59,249
Indirect auto finance	-		-		113		113		-		-		8,833		8,833
Consumer	-		3		181		184		41		10		6,280		6,331
Commercial loans:
Commercial real estate	-		26		5,413		5,439		25,711		13,784		338,274		377,769
Construction and development	-		26		1,215		1,241		5,652		5,571		45,234		56,457
Commercial and industrial	-		3		246		249		5,355		2,378		66,702		74,435
Municipal leases	-		-		769		769		-		-		106,215		106,215
Total	$-	$	1,064	$	22,365	$	23,429	$	46,474	$	50,421	$	1,400,973	$	1,497,868

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
September 30, 2014
Retail consumer loans:
One-to-four family	$	13,980	$	17,710	$	31,690	$	540
Home equity lines of credit		3,178		1,491		4,669		188
Construction and land/lots		1,723		627		2,350		656
Indirect auto finance		-		-		-		-
Consumer		26		9		35		3
Commercial loans:
Commercial real estate		3,167		15,297		18,464		48
Construction and development		2,182		3,892		6,074		83
Commercial and industrial		820		2,243		3,063		4
Municipal leases		303		-		303		2
Total impaired loans	$	25,379	$	41,269	$	66,648	$	1,524

	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
Indirect auto finance		-		-		-		-
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

The table above includes $15,026 and $12,406, of impaired loans that were not individually evaluated at September 30, 2014 and June 30, 2014, respectively, because these loans did not meet the Company’s threshold for individual impairment evaluation. The recorded allowance above includes $192 and $427 related to these loans that were not individually evaluated at September 30, 2014 and June 30, 2014, respectively.

The Company’s average recorded investment in loans individually evaluated for impairment and interest income recognized on impaired loans for the three months ended September 30, 2014 and 2013 was as follows:

	Three Months Ended
		September 30, 2014							September 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		$	31,842	$	35,147	$	451	$	44,682	$	48,252	$	364
Home equity lines of credit			4,710		6,348		75		5,938		8,970		70
Construction and land/lots			2,098		3,675		36		2,556		5,023		42
Indirect auto finance			-		-		-		-		-		-
Consumer			31		1,147		3		59		181		1
Commercial loans:
Commercial real estate			16,903		26,291		210		26,535		30,055		143
Construction and development			6,103		9,541		32		10,978		15,368		33
Commercial and industrial			2,901		5,042		76		2,860		3,471		38
Municipal leases			152		303		-		-		-		-
Total loans		$	64,738	$	87,494	$	883	$	93,608	$	111,320	$	691

A summary of changes in the accretable yield for PCI loans for the three months ended September 30, 2014 and 2013 was as follows.

	Three Months Ended
		September 30,		September 30,
		2014		2013
Accretable yield, beginning of period	$	6,151	$	-
Addition from the Bank of Commerce acquisition		7,315		1,835
Interest income		(931)		(100)
Accretable yield, end of period	$	12,535	$	1,735

The following table presents the purchased performing loans receivable for Bank of Commerce at September 30, 2014 and July 31, 2014 (the combination date):

		September 30,		July 31,
		2014		2014

Contractually required principal payments receivable	$	46,812	$	47,291
Adjustment for credit, interest rate, and liquidity		1,150		1,159
Balance of purchased loans receivable	$	45,662	$	46,132

The following table presents the PCI loans for Bank of Commerce at July 31, 2014, the acquisition date:

		July 31,
		2014

Contractually required principal and interest payments receivable	$	49,870
Amounts not expected to be collected – nonaccretable difference		2,300
Estimated payments expected to be received		47,570
Accretable yield		7,315
Fair value of PCI loans	$	40,255

For the three months ended September 30, 2014 and 2013, the following table presents a breakdown of the types of concessions made on TDRs by loan class:

	Three Months Ended					Three Months Ended
	September 30, 2014					September 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	-	$	-	$	-	1	$	18	$	17
Total	-	$	-	$	-	1	$	18	$	17

Extended term:
Retail consumer:
One-to-four family	1	$	146	$	147	-	$	-	$	-
Home equity lines of credit	1		46		46	-		-		-
Total	2	$	192	$	193	-	$	-	$	-

Other TDRs:
Retail consumer:
One-to-four family	4	$	314	$	324	3	$	572	$	576
Home equity lines of credit	1		100		105	-		-		-
Construction and land/lots	1		106		100	1		135		135
Total	6	$	520	$	529	4	$	707	$	711

Total	8	$	712	$	722	5	$	725	$	728

The following table presents loans that were modified as TDRs within the previous 12 months and for which there was a payment default during the three months ended September 30, 2014 and 2013:

	Three Months Ended			Three Months Ended
	September 30, 2014			September 30, 2013
	Number of		Recorded	Number of		Recorded
	Loans		Investment	Loans		Investment
Below market interest rate:
Total	-	$	-	-	$	-

Extended payment terms:
Retail consumer:
One-to-four family	-		-	1	$	10
Home equity lines of credit	-		-	1		11
Commercial:
Commercial and Industrial	-		-	1		25
Total	-	$	-	3	$	46

Other TDRs:
Retail consumer:
One-to-four family	4	$	312	7	$	1,523
Home equity lines of credit	-		-	1		48
Construction and land/lots	-		-	1		135
Commercial:
Commercial real estate	-		-	3		381
Total	4	$	312	12	$	2,087

Total	6	$	312	15	$	2,133

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

6. Net Income Per Share

3 Months Ended

Sep. 30, 2014

Notes

6. Net Income Per Share

6. Net income per Share

Per the provisions of FASB ASC 260, Earnings Per Share, nonvested share-based payment awards that contain nonforfeitable rights to dividends or dividend equivalents are participating securities and are included in the computation of earnings per share pursuant to the two-class method. The two-class method is an earnings allocation formula that determines earnings per share for each class of common stock and participating security according to dividends declared (or accumulated) and participation rights in undistributed earnings. ESOP shares are considered outstanding for basic and diluted earnings per share when the shares are committed to be released.

Net income is allocated between the common stock and participating securities pursuant to the two-class method, based on their rights to receive dividends, participate in earnings, or absorb losses. Basic earnings per common shares is computed by dividing net earnings available to common shareholders by the weighted average number of common shares outstanding during the period, excluding participating nonvested restricted shares.

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):

	Three Months Ended
	September 30,
		2014		2013
Numerator:
Net income available to common stockholders	$	2,256	$	3,327
Denominator:
Weighted-average common shares outstanding - basic		19,178,607		19,288,154
Effect of dilutive shares		64,115		89,742
Weighted-average common shares outstanding - diluted		19,242,722		19,377,896
Net income per share - basic	$	0.12	$	0.17
Net income per share - diluted	$	0.12	$	0.17

There were 1,495,500 and 1,557,000 outstanding stock options that were anti-dilutive for the three months ended September 30, 2014 and 2013, respectively.

7. Equity Incentive Plan

3 Months Ended

Sep. 30, 2014

Notes

7. Equity Incentive Plan

7. 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 repurchased shares. During fiscal 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 three months ended September 30, 2014 and 2013 was $753 and $668, respectively, before the tax related benefit of $279 and $247, respectively.

The table below presents stock option activity for the three months ended September 30, 2014 and 2013:

		Weighted-	Remaining
		average	contractual	Aggregate
		exercise	life	Intrinsic
	Options	price	(years)	Value
Options outstanding at June 30, 2013	1,557,000	$14.37	9.6	$4,033
Granted	-	-	-	-
Exercised	-	-	-	-
Forfeited	-	-	-	-
Expired	-	-	-	-
Options outstanding at September 30, 2013	1,557,000	$14.37	9.3	$3,316

Options outstanding at June 30, 2014	1,513,500	$14.40	8.6	$2,077
Granted	-	-	-	-
Exercised	18,000	14.37	-	-
Forfeited	-	-	-	-
Expired	-	-	-	-
Options outstanding at September 30, 2014	1,495,500	$14.40	8.4	$352

Exercisable at September 30, 2014	272,175	$14.37	8.4

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 September 30, 2014, the Company had $4.7 million of unrecognized compensation expense related to 1,495,500 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 expected to be recognized was 2.0 years at September 30, 2014. At September 30, 2013, the Company had $6.1 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 expected to be recognized was 4.5 years at September 30, 2013. No options were vested or exercisable as of September 30, 2013.

The table below presents restricted stock award activity for the three months ended September 30, 2014 and 2013:

		Weighted-		Aggregate
	Restricted	average grant		Intrinsic
	stock awards	date fair value		Value
Non-vested at June 30, 2013	511,300		$14.37		$8,672
Granted	-		-		-
Vested	-		-		-
Forfeited	-		-		-
Non-vested at September 30, 2013	511,300		$14.37		$8,436

Non-vested at June 30, 2014	403,965		$14.39		$6,371
Granted	-		-		-
Vested	-		-		-
Forfeited	-		-		-
Non-vested at September 30, 2014	403,965		$14.39		$5,902

At September 30, 2014, unrecognized compensation expense was $4.9 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 2.0 years at September 30, 2014. At September 30, 2013, unrecognized compensation expense was $6.4 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 4.5 years at September 30, 2013.

8. Commitments and Contingencies

3 Months Ended

Sep. 30, 2014

Notes

8. Commitments and Contingencies

8. 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 September 30, 2014 and June 30, 2014, respectively, loan commitments (excluding $33,636 and $27,086 of undisbursed portions of construction loans) totaled $18,533 and $28,360 of which $2,532 and $3,620 were variable rate commitments and $16,001 and $24,740 were fixed rate commitments. The fixed rate loans had interest rates ranging from 1.99% to 8.00% at September 30, 2014 and 1.85% to 10.51% at June 30, 2014, and terms ranging from 1 to 30 years. Pre-approved but unused lines of credit (principally second mortgage home equity loans and overdraft protection loans) totaled $204,047 and $167,630 at September 30, 2014 and June 30, 2014, 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 September 30, 2014 or June 30, 2014.

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 September 30, 2014 and June 30, 2014 was $11,631, and $8,087, 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 September 30, 2014 and June 30, 2014 were $1,520 and $483. There was no liability recorded for these letters of credit at September 30, 2014 or June 30, 2014, respectively.

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.

9. Fair Value of Financial Instruments

3 Months Ended

Sep. 30, 2014

Notes

9. Fair Value of Financial Instruments

9. 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 September 30, 2014 and June 30, 2014, 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.

Loans Held for Sale

Loans held for sale are adjusted to lower of cost or fair value. Fair value is based upon investor pricing. The Company considers all loans held for sale carried at fair value 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:

	September 30, 2014
Description		Total		Level 1		Level 2		Level 3
U.S government agencies	$	38,809	$	-	$	38,809	$	-
Residential Mortgage-backed Securities of U.S. Government Agencies and Government Sponsored Enterprises		117,299		-		117,299		-
Municipal Bonds		16,136		-		16,136		-
Corporate Bonds		3,993		-		3,993		-
Total	$	176,237	$	-	$	176,237	$	-

	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	$	-

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

	Three Months Ended September 30, 2014
Description		Total		Level 1		Level 2		Level 3
Impaired loans	$	2,534	$	-	$	-	$	2,534
REO		333		-		-		333
Total	$	2,867	$	-	$	-	$	2,867

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

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

	Fair Value at
	September 30,		Valuation	Unobservable		Weighted
	2014		Techniques	Input	Range	Average
Nonrecurring measurements:
Impaired loans, net	$	2,534	Discounted appraisals	Collateral discounts	3% - 49%	23%
REO	$	333	Discounted appraisals	Collateral discounts	15% - 28%	18%

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

	September 30, 2014
		Carrying		Fair
		Value		Value		Level 1		Level 2		Level 3
Cash and interest-bearing deposits	$	32,223	$	32,223	$	32,223	$	-	$	-
Certificates of deposit in other banks		175,869		175,869		-		175,869		-
Securities available for sale		176,237		176,237		-		176,237		-
Other investments		12,758		12,758		12,758
Loans held for sale		2,632		2,674		-		-		2,674
Loans, net		1,585,134		1,486,612		-		-		1,486,612
Accrued interest receivable		7,270		7,270		-		855		6,415
Non-interest-bearing and NOW deposits		445,743		445,743		-		445,743		-
Money market accounts		405,334		405,334		-		405,334		-
Savings accounts		194,835		194,835		-		194,835		-
Certificates of deposit		612,881		614,382		-		614,382		-
Other borrowings		112,000		112,000		-		112,000		-
Accrued interest payable		211		211		-		211		-

	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		-
Other investments		3,697		3,697		3,697
Loans held for sale		2,537		2,578		-		-		2,578
Loans, net		1,473,099		1,381,438		-		-		1,381,438
Accrued interest receivable		6,787		6,787		-		736		6,051
Non-interest-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		-

The Company had off-balance sheet financial commitments, which include approximately $256,216 and $223,076 of commitments to originate loans, undisbursed portions of interim construction loans, and unused lines of credit at September 30, 2014 and June 30, 2014 (see Note 8). 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 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.

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.

Other investments – This represents stock in the FHLB of Atlanta and Federal Reserve Bank with no existing market and 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 September 30, 2014 and June 30, 2014. 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.

10. Subsequent Events

3 Months Ended

Sep. 30, 2014

Notes

10. Subsequent Events

10. Subsequent Events

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.

3. Business Combinations: Business Combination Policy -- Bank of Commerce (Policies)

3 Months Ended

Sep. 30, 2014

Policies

Business Combination Policy -- Bank of Commerce

3. Business Combinations: Business Combination Policy -- Jefferson Bancshares (Policies)

3 Months Ended

Sep. 30, 2014

Policies

Business Combination Policy -- Jefferson Bancshares

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

3 Months Ended

Sep. 30, 2014

Policies

Business Combination Policy -- BankGreenville Corporation

4. Securities Available For Sale: Securities Available for Sale Pledged as Collateral Policy (Policies)

3 Months Ended

Sep. 30, 2014

Policies

Securities Available for Sale Pledged as Collateral Policy

4. Securities Available For Sale: Securities With Unrealized Losses Policy (Policies)

3 Months Ended

Sep. 30, 2014

Policies

Securities With Unrealized Losses Policy

5. Loans: Impaired Financing Receivable, Policy (Policies)	3 Months Ended
	Sep. 30, 2014
Policies
Impaired Financing Receivable, Policy	The table above includes $15,026 and $12,406, of impaired loans that were not individually evaluated at September 30, 2014 and June 30, 2014, respectively, because these loans did not meet the Company’s threshold for individual impairment evaluation. The recorded allowance above includes $192 and $427 related to these loans that were not individually evaluated at September 30, 2014 and June 30, 2014, respectively.

6. Net Income Per Share: Earnings Per Share, Policy (Policies)	3 Months Ended
	Sep. 30, 2014
Policies
Earnings Per Share, Policy	There were 1,495,500 and 1,557,000 outstanding stock options that were anti-dilutive for the three months ended September 30, 2014 and 2013, respectively.

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

3 Months Ended

Sep. 30, 2014

Policies

Equity Incentive Plan Policy

7. Equity Incentive Plan: Fair Value Options Granted Policy (Policies)	3 Months Ended
	Sep. 30, 2014
Policies
Fair Value Options Granted Policy	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:

7. Equity Incentive Plan: Unrecognized Compensation Expenses for Stock Options Policy (Policies)	3 Months Ended
	Sep. 30, 2014
Policies
Unrecognized Compensation Expenses for Stock Options Policy	At September 30, 2014, the Company had $4.7 million of unrecognized compensation expense related to 1,495,500 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 expected to be recognized was 2.0 years at September 30, 2014. At September 30, 2013, the Company had $6.1 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 expected to be recognized was 4.5 years at September 30, 2013. No options were vested or exercisable as of September 30, 2013.

7. Equity Incentive Plan: Unrecognized Compensation Expenses for Restricted Stock Policy (Policies)	3 Months Ended
	Sep. 30, 2014
Policies
Unrecognized Compensation Expenses for Restricted Stock Policy	At September 30, 2014, unrecognized compensation expense was $4.9 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 2.0 years at September 30, 2014. At September 30, 2013, unrecognized compensation expense was $6.4 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 4.5 years at September 30, 2013.

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

3 Months Ended

Sep. 30, 2014

Policies

Loan Commitments, Policy

8. Commitments and Contingencies: Restrictions on Cash Policy (Policies)	3 Months Ended
	Sep. 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 September 30, 2014 and June 30, 2014 was $11,631, and $8,087, respectively, which was satisfied by vault cash and balances held at the Federal Reserve.

8. Commitments and Contingencies: Standby Letters of Credit Policy (Policies)	3 Months Ended
	Sep. 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 September 30, 2014 and June 30, 2014 were $1,520 and $483. There was no liability recorded for these letters of credit at September 30, 2014 or June 30, 2014, respectively.

8. Commitments and Contingencies: Legal Matters and Contingencies (Policies)	3 Months Ended
	Sep. 30, 2014
Policies
Legal Matters and Contingencies	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.

9. Fair Value of Financial Instruments: Off-Balance-Sheet Credit Exposure, Policy (Policies)	3 Months Ended
	Sep. 30, 2014
Policies
Off-Balance-Sheet Credit Exposure, Policy	The Company had off-balance sheet financial commitments, which include approximately $256,216 and $223,076 of commitments to originate loans, undisbursed portions of interim construction loans, and unused lines of credit at September 30, 2014 and June 30, 2014 (see Note 8). Since these commitments are based on current rates, the carrying amount approximates the fair value.

10. Subsequent Events: Branch Purchase from Bank of America Corporation Policy (Policies)	3 Months Ended
	Sep. 30, 2014
Policies
Branch Purchase from Bank of America Corporation Policy	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.

3. Business Combinations: Schedule of Business Acquisition Contingent Consideration -- Bank of Commerce (Tables)

3 Months Ended

Sep. 30, 2014

3. Business Combinations: Schedule of Business Acquisition Contingent Consideration -- Bank of Commerce (Details) - Bank of Commerce $ in Thousands	Jul. 31, 2014 USD ($)
As Recorded By Bank Of Commerce
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	$ 2,241
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Marketable Securities	24,228
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Loans Receivables, Net Of Allowance	89,339
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Federal Home Loan Bank Stock	791
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Land	224
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	135
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Accrued Interest Receivable	355
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent	286
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Other	4,931
Business Combination, Assets Arising from Contingencies, Amount Recognized	122,530
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Financial Liabilities	93,303
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Borrowings	15,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Other	6,369
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	114,672
Net assets acquired	7,858
Fair Value and Other Merger Related Adjustments
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Loans Receivables, Net Of Allowance	(3,131)
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Accrued Interest Receivable	(100)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent	1,064
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	640
Business Combination, Assets Arising from Contingencies, Amount Recognized	(1,527)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Financial Liabilities	112
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Borrowings	172
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	284
Net assets acquired	(1,811)
As Recorded by the Company
Business Acquisition Cost of Acquired Entity Cash Paid	10,000
Business Combination, Contingent Consideration, Asset	10,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	2,241
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Marketable Securities	24,228
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Loans Receivables, Net Of Allowance	86,208
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Federal Home Loan Bank Stock	791
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Land	224
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	135
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Accrued Interest Receivable	255
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent	1,350
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	640
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Other	4,931
Business Combination, Assets Arising from Contingencies, Amount Recognized	121,003
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Financial Liabilities	93,415
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Borrowings	15,172
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Other	6,369
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	114,956
Net assets acquired	6,047
Business Acquisition Purchase Price Allocation, Goodwill	$ 3,953

3. Business Combinations: Schedule of Purchased Performing Loans and Purchased Impaired Loans Acquired in Transfer -- Bank of Commerce (Details) - Bank of Commerce $ in Thousands	Jul. 31, 2014 USD ($)
Total loans
Business Acquisition Performing Loans Purchased	$ 45,953
Business Acquisition Credit-Impaired Loans Purchased	40,255
Business Acquisition Performing and Impaired Loans Purchased	86,208
Retail consumer loans \| OneToFourFamilyRealEstateLoansMember
Business Acquisition Performing Loans Purchased	2,717
Business Acquisition Credit-Impaired Loans Purchased	2,979
Business Acquisition Performing and Impaired Loans Purchased	5,696
Retail consumer loans \| Home Equity Line of Credit
Business Acquisition Performing Loans Purchased	8,823
Business Acquisition Credit-Impaired Loans Purchased	317
Business Acquisition Performing and Impaired Loans Purchased	9,140
Retail consumer loans \| Consumer Loan
Business Acquisition Performing Loans Purchased	37
Business Acquisition Credit-Impaired Loans Purchased	15
Business Acquisition Performing and Impaired Loans Purchased	52
Commercial Loan \| Commercial Real Estate
Business Acquisition Performing Loans Purchased	28,772
Business Acquisition Credit-Impaired Loans Purchased	30,047
Business Acquisition Performing and Impaired Loans Purchased	58,819
Commercial Loan \| Construction Loan Payable
Business Acquisition Performing Loans Purchased	202
Business Acquisition Credit-Impaired Loans Purchased	3,020
Business Acquisition Performing and Impaired Loans Purchased	3,222
Commercial Loan \| Commercial and industrial loans
Business Acquisition Performing Loans Purchased	5,402
Business Acquisition Credit-Impaired Loans Purchased	3,877
Business Acquisition Performing and Impaired Loans Purchased	$ 9,279

3. Business Combinations: Business Combination Policy -- Jefferson Bancshares (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2014	May 31, 2014
Jefferson Bancshares
Business Combination, Separately Recognized Transactions, Description	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.
JeffersonMember
Book Value of Assets Acquired		$ 494,300
Book Value of Liabilities Assumed		441,900
Business Acquisition Purchase Price Allocation Goodwill Amount		$ 7,000

3. Business Combinations: Schedule of Business Acquisition Contingent Consideration -- Jefferson Bancshares (Details) - Jefferson Bancshares $ in Thousands	May 31, 2014 USD ($)
As Recorded By Jefferson Bancshares
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	$ 18,325
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Marketable Securities	85,744
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Loans Receivables, Net Of Allowance	338,616
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Federal Home Loan Bank Stock	4,635
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Land	3,288
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	24,662
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Accrued Interest Receivable	1,367
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent	9,606
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	847
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Other	7,171
Business Combination, Assets Arising from Contingencies, Amount Recognized	494,261
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Financial Liabilities	376,985
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Borrowings	55,081
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt	7,460
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Other	2,332
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	441,858
Net assets acquired	52,403
Fair Value and Other Merger Related Adjustments
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Marketable Securities	(700)
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Loans Receivables, Net Of Allowance	(9,134)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	(1,311)
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Accrued Interest Receivable	(90)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent	3,395
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	2,683
Business Combination, Assets Arising from Contingencies, Amount Recognized	(5,157)
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Financial Liabilities	371
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Borrowings	858
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt	2,540
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	3,769
Net assets acquired	(8,926)
As Recorded by the Company
Business Acquisition Cost of Acquired Entity Cash Paid	25,251
Fair value common stock	25,239
Business Combination, Contingent Consideration, Asset	50,490
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Cash and Equivalents	18,325
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Marketable Securities	85,044
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Loans Receivables, Net Of Allowance	329,482
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Federal Home Loan Bank Stock	4,635
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Land	3,288
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Property, Plant, and Equipment	23,351
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Accrued Interest Receivable	1,277
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Deferred Tax Liabilities Noncurrent	13,001
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill	3,530
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Assets, Other	7,171
Business Combination, Assets Arising from Contingencies, Amount Recognized	489,104
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Financial Liabilities	377,356
Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Other Borrowings	55,939
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Long-term Debt	10,000
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities, Other	2,332
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Current Liabilities	445,627
Net assets acquired	43,477
Business Acquisition Purchase Price Allocation, Goodwill	$ 7,013

3. Business Combinations: Schedule of Purchased Performing Loans and Purchased Impaired Loans Acquired in Transfer -- Jefferson Bancshares (Details) - Jefferson Bancshares $ in Thousands	May 31, 2014 USD ($)
Retail consumer loans \| OneToFourFamilyRealEstateLoansMember
Business Acquisition Performing Loans Purchased	$ 74,378
Business Acquisition Credit-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 Credit-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 Credit-Impaired Loans Purchased	924
Business Acquisition Performing and Impaired Loans Purchased	8,734
Retail consumer loans \| Consumer Loan
Business Acquisition Performing Loans Purchased	4,181
Business Acquisition Credit-Impaired Loans Purchased	2
Business Acquisition Performing and Impaired Loans Purchased	4,183
Commercial Loan \| Commercial Real Estate
Business Acquisition Performing Loans Purchased	118,714
Business Acquisition Credit-Impaired Loans Purchased	15,649
Business Acquisition Performing and Impaired Loans Purchased	134,363
Commercial Loan \| Construction and development loans
Business Acquisition Performing Loans Purchased	24,658
Business Acquisition Credit-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 Credit-Impaired Loans Purchased	6,350
Business Acquisition Performing and Impaired Loans Purchased	59,213
Commercial Loan \| Total loans
Business Acquisition Performing Loans Purchased	299,461
Business Acquisition Credit-Impaired Loans Purchased	30,021
Business Acquisition Performing and Impaired Loans Purchased	$ 329,482

3. Business Combinations: Business Combination Policy -- BankGreenville Corporation (Details) - BankGreenville - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2014	Jul. 31, 2013
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

3. Business Combinations: Schedule of Purchased Performing Loans and Purchased Impaired Loans Acquired in Transfer -- BankGreenville Corporation (Details) - BankGreenville $ in Thousands	Jul. 31, 2013 USD ($)
Total loans
Business Acquisition Performing Loans Purchased	$ 38,223
Business Acquisition Credit-Impaired Loans Purchased	9,607
Business Acquisition Performing and Impaired Loans Purchased	47,830
Retail consumer loans \| OneToFourFamilyRealEstateLoansMember
Business Acquisition Performing Loans Purchased	8,274
Business Acquisition Credit-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 Credit-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 Credit-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 Credit-Impaired Loans Purchased	3,529
Business Acquisition Performing and Impaired Loans Purchased	$ 5,896

3. Business Combinations: Schedule of Financial Impact of Acquisition (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Details
Business Combination, Pro Forma Information, Revenue of Acquiree since Acquisition Date, Actual	$ 18,600
Business Acquisition, Pro Forma Revenue	21,767	$ 38,450
Business Acquisition Actual Net Income	2,256
Business Acquisition, Pro Forma Net Income (Loss)	$ 1,996	$ 5,639

4. Securities Available For Sale: Available for Sale Securities Table (Details) - USD ($) $ in Thousands	Sep. 30, 2014	Jun. 30, 2014
US Government Agencies Debt Securities
Available-for-sale Securities, Amortized Cost Basis	$ 38,765	$ 38,085
Securities Available for Sale, Gross Unrealized Gains	103	45
Securities Available for Sale, Gross Unrealized Losses	(59)	(37)
Estimated Fair Value Available For Sale Securities	38,809	38,093
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises
Available-for-sale Securities, Amortized Cost Basis	117,418	111,430
Securities Available for Sale, Gross Unrealized Gains	398	393
Securities Available for Sale, Gross Unrealized Losses	(517)	(412)
Estimated Fair Value Available For Sale Securities	117,299	111,411
Taxable Municipal Bonds
Available-for-sale Securities, Amortized Cost Basis	15,828	15,951
Securities Available for Sale, Gross Unrealized Gains	316	282
Securities Available for Sale, Gross Unrealized Losses	(8)	(13)
Estimated Fair Value Available For Sale Securities	16,136	16,220
Corporate Bond Securities
Available-for-sale Securities, Amortized Cost Basis	3,906	2,912
Securities Available for Sale, Gross Unrealized Gains	87	113
Estimated Fair Value Available For Sale Securities	3,993	3,025
Available-for-sale Securities
Available-for-sale Securities, Amortized Cost Basis	175,917	168,378
Securities Available for Sale, Gross Unrealized Gains	904	833
Securities Available for Sale, Gross Unrealized Losses	(584)	(462)
Estimated Fair Value Available For Sale Securities	$ 176,237	$ 168,749

4. Securities Available For Sale: Schedule of Investments Classified by Contractual Maturity Date (Details) $ in Thousands	Sep. 30, 2014 USD ($)
Available-for-sale Securities, Debt Maturities, Next Twelve Months, Amortized Cost Basis	$ 2,518
Available-for-sale Securities, Debt Maturities, Next Twelve Months, Fair Value	2,518
Available-for-sale Securities, Debt Maturities, Year Two Through Five, Amortized Cost Basis	12,980
Available-for-sale Securities, Debt Maturities, Year Two Through Five, Fair Value	12,978
Available-for-sale Securities, Debt Maturities, Year Six Through Ten, Amortized Cost Basis	36,320
Available-for-sale Securities, Debt Maturities, Year Six Through Ten, Fair Value	36,599
Available-for-sale Securities, Debt Maturities, after Ten Years, Amortized Cost Basis	6,681
Available-for-sale Securities, Debt Maturities, after Ten Years, Fair Value	6,843
Available-for-sale Securities, Debt Maturities, Amortized Cost	175,917
Available-for-sale Securities, Debt Securities	176,237
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises
Available-for-sale Securities, Debt Maturities, Amortized Cost	117,418
Available-for-sale Securities, Debt Securities	$ 117,299

4. Securities Available For Sale: Securities Available for Sale Pledged as Collateral Policy: Securities Pledged as Collateral (Details) - USD ($) $ in Thousands	Sep. 30, 2014	Jun. 30, 2014
Details
Available-for-sale Securities Pledged as Collateral	$ 42,355	$ 51,036
Securities Available for Sale Pledged as Collateral Market Value	$ 42,546	$ 51,297

4. Securities Available For Sale: Available for Sale Securities Continuous Unrealized Loss Position Fair Value (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Sep. 30, 2014	Jun. 30, 2013
US Government Agencies Debt Securities
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	$ 16,971	$ 19,475
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss	(59)	(37)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	16,971	19,475
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss	(59)	(37)
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	75,671	75,761
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss	(505)	(399)
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	152	162
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss	(12)	(13)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	75,823	75,923
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss	(517)	(412)
Taxable Municipal Bonds
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	2,876	6,668
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss	(8)	(13)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	2,876	6,668
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss	(8)	(13)
Available For Sale Securities Continuous Unrealized Loss Position
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	95,518	101,904
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Aggregate Loss	(572)	(449)
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	152	162
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Aggregate Loss	(12)	(13)
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	95,670	102,066
Available-for-sale Securities, Continuous Unrealized Loss Position, Aggregate Loss	$ (584)	$ (462)

4. Securities Available For Sale: Securities With Unrealized Losses Policy (Details)	Sep. 30, 2014	Jun. 30, 2014
Details
Number of Securities With Unrealized Losses	148	159

5. Loans: Schedule of Accounts, Notes, Loans and Financing Receivable (Details) - USD ($) $ in Thousands	Sep. 30, 2014	Jun. 30, 2014
Loans and Leases Receivable, Gross	$ 1,608,935	$ 1,497,868
Loans and Leases Receivable, Deferred Income	(721)	(1,340)
Loans and Leases Receivable, Other, Net of Deferred Income	1,608,214	1,496,528
Allowance for loan losses	(23,080)	(23,429)
Loans Receivable, Net	1,585,134	1,473,099
Retail consumer loans
One- to four-family real estate loans	656,068	660,200
Loans and Leases Receivable, Gross, Consumer, Home Equity	158,220	148,379
Construction Loan	61,781	59,249
Loans Receivable Indirect Automobile Loans	15,449	8,833
Loans and Leases Receivable, Gross, Consumer	5,556	6,331
Retail Consumer Loans, Total	897,074	882,992
Commercial Loan
Loans Receivable, Gross, Commercial, Real Estate	455,219	377,769
Loans Receivable, Gross, Commercial, Construction	56,437	56,457
Loans Receivable, Gross, Commercial and Industrial	91,126	74,435
Loans Receivable Municipal Leases	109,079	106,215
Commercial Loans, Total	$ 711,861	$ 614,876

5. Loans: Non-Purchased and Purchased Performing Loans Credit Quality Indicators Table (Details) - USD ($) $ in Thousands	Sep. 30, 2014	Jun. 30, 2014
Retail consumer loans
One- to four-family real estate loans	$ 656,068	$ 660,200
Loans and Leases Receivable, Gross, Consumer, Home Equity	158,220	148,379
Construction Loan	61,781	59,249
Loans Receivable Indirect Automobile Loans	15,449	8,833
Loans and Leases Receivable, Gross, Consumer	5,556	6,331
Commercial Loan
Loans Receivable, Gross, Commercial, Real Estate	455,219	377,769
Loans Receivable, Gross, Commercial, Construction	56,437	56,457
Loans Receivable, Gross, Commercial and Industrial	91,126	74,435
Loans Receivable Municipal Leases	109,079	106,215
Non-purchased and purchased performing loans \| Pass
Loans Receivable by Credit Quality Indicator	1,427,293	1,339,365
Non-purchased and purchased performing loans \| Pass \| Retail consumer loans
One- to four-family real estate loans	597,955	602,409
Loans and Leases Receivable, Gross, Consumer, Home Equity	151,492	141,008
Construction Loan	57,466	55,374
Loans Receivable Indirect Automobile Loans	15,400	8,801
Loans and Leases Receivable, Gross, Consumer	5,280	6,115
Non-purchased and purchased performing loans \| Pass \| Commercial Loan
Loans Receivable, Gross, Commercial, Real Estate	371,721	313,437
Loans Receivable, Gross, Commercial, Construction	40,297	41,336
Loans Receivable, Gross, Commercial and Industrial	80,706	66,481
Loans Receivable Municipal Leases	106,976	104,404
Non-purchased and purchased performing loans \| Special Mention
Loans Receivable by Credit Quality Indicator	36,601	43,758
Non-purchased and purchased performing loans \| Special Mention \| Retail consumer loans
One- to four-family real estate loans	15,069	17,639
Loans and Leases Receivable, Gross, Consumer, Home Equity	1,053	1,605
Construction Loan	1,041	1,878
Loans Receivable Indirect Automobile Loans	49	32
Loans and Leases Receivable, Gross, Consumer	81	62
Non-purchased and purchased performing loans \| Special Mention \| Commercial Loan
Loans Receivable, Gross, Commercial, Real Estate	14,688	16,931
Loans Receivable, Gross, Commercial, Construction	2,001	2,927
Loans Receivable, Gross, Commercial and Industrial	819	873
Loans Receivable Municipal Leases	1,800	1,811
Non-purchased and purchased performing loans \| Substandard
Loans Receivable by Credit Quality Indicator	61,214	62,286
Non-purchased and purchased performing loans \| Substandard \| Retail consumer loans
One- to four-family real estate loans	30,133	28,974
Loans and Leases Receivable, Gross, Consumer, Home Equity	4,696	4,967
Construction Loan	1,943	807
Loans and Leases Receivable, Gross, Consumer	101	97
Non-purchased and purchased performing loans \| Substandard \| Commercial Loan
Loans Receivable, Gross, Commercial, Real Estate	16,448	19,746
Loans Receivable, Gross, Commercial, Construction	6,126	5,972
Loans Receivable, Gross, Commercial and Industrial	1,464	1,723
Loans Receivable Municipal Leases	303
Non-purchased and purchased performing loans \| Doubtful
Loans Receivable by Credit Quality Indicator	6,724	5,967
Non-purchased and purchased performing loans \| Doubtful \| Retail consumer loans
One- to four-family real estate loans	3,156	2,907
Loans and Leases Receivable, Gross, Consumer, Home Equity	553	420
Construction Loan	433	113
Loans and Leases Receivable, Gross, Consumer	77	13
Non-purchased and purchased performing loans \| Doubtful \| Commercial Loan
Loans Receivable, Gross, Commercial, Real Estate	1,936	1,944
Loans Receivable, Gross, Commercial, Construction	569	570
Non-purchased and purchased performing loans \| Unlikely to be Collected Financing Receivable
Loans Receivable by Credit Quality Indicator	14	18
Non-purchased and purchased performing loans \| Unlikely to be Collected Financing Receivable \| Retail consumer loans
One- to four-family real estate loans	9	10
Loans and Leases Receivable, Gross, Consumer, Home Equity	2	2
Loans and Leases Receivable, Gross, Consumer	2	3
Non-purchased and purchased performing loans \| Unlikely to be Collected Financing Receivable \| Commercial Loan
Loans Receivable, Gross, Commercial and Industrial	1	3
Non-purchased and purchased performing loans \| Total by Grade
Loans Receivable by Credit Quality Indicator	1,531,846	1,451,394
Non-purchased and purchased performing loans \| Total by Grade \| Retail consumer loans
One- to four-family real estate loans	646,322	651,939
Loans and Leases Receivable, Gross, Consumer, Home Equity	157,796	148,002
Construction Loan	60,883	58,172
Loans Receivable Indirect Automobile Loans	15,449	8,833
Loans and Leases Receivable, Gross, Consumer	5,541	6,290
Non-purchased and purchased performing loans \| Total by Grade \| Commercial Loan
Loans Receivable, Gross, Commercial, Real Estate	404,793	352,058
Loans Receivable, Gross, Commercial, Construction	48,993	50,805
Loans Receivable, Gross, Commercial and Industrial	82,990	69,080
Loans Receivable Municipal Leases	$ 109,079	$ 106,215

5. Loans: Schedule of Past Due Financing Receivables (Details) - USD ($) $ in Thousands	Sep. 30, 2014	Jun. 30, 2014
OneToFourFamilyRealEstateLoansMember
Financing receivable Recorded Investment 30 to 89 Days Past Due	$ 2,916
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	8,277
Financing Receivable, Recorded Investment, Past Due	11,193
Financing Receivable, Recorded Investment, Current	644,875
Total Loans Receivable	656,068
OneToFourFamilyRealEstateLoansMember \| Retail consumer loans
Financing receivable Recorded Investment 30 to 89 Days Past Due		$ 4,929
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due		8,208
Financing Receivable, Recorded Investment, Past Due		13,137
Financing Receivable, Recorded Investment, Current		647,063
Total Loans Receivable		660,200
Home Equity Line of Credit \| Retail consumer loans
Financing receivable Recorded Investment 30 to 89 Days Past Due	375	400
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	1,010	939
Financing Receivable, Recorded Investment, Past Due	1,385	1,339
Financing Receivable, Recorded Investment, Current	156,835	147,040
Total Loans Receivable	158,220	148,379
Construction and land/lots loans \| Retail consumer loans
Financing receivable Recorded Investment 30 to 89 Days Past Due	176	508
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	732	122
Financing Receivable, Recorded Investment, Past Due	908	630
Financing Receivable, Recorded Investment, Current	60,873	58,619
Total Loans Receivable	61,781	59,249
Consumer Loans Auto Financing Receivable \| Retail consumer loans
Financing receivable Recorded Investment 30 to 89 Days Past Due	63
Financing Receivable, Recorded Investment, Past Due	63
Financing Receivable, Recorded Investment, Current	15,386	8,833
Total Loans Receivable	15,449	8,833
Consumer Loan \| Retail consumer loans
Financing receivable Recorded Investment 30 to 89 Days Past Due	31	34
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	20	16
Financing Receivable, Recorded Investment, Past Due	51	50
Financing Receivable, Recorded Investment, Current	5,505	6,281
Total Loans Receivable	5,556	6,331
Commercial Real Estate \| Commercial Loan
Financing receivable Recorded Investment 30 to 89 Days Past Due	3,731	306
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	8,064	6,729
Financing Receivable, Recorded Investment, Past Due	11,795	7,035
Financing Receivable, Recorded Investment, Current	443,424	370,734
Total Loans Receivable	455,219	377,769
Construction Loan Payable \| Commercial Loan
Financing receivable Recorded Investment 30 to 89 Days Past Due	111	1,165
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	3,728	3,789
Financing Receivable, Recorded Investment, Past Due	3,839	4,954
Financing Receivable, Recorded Investment, Current	52,598	51,503
Total Loans Receivable	56,437	56,457
Commercial and industrial loans \| Commercial Loan
Financing receivable Recorded Investment 30 to 89 Days Past Due	207	183
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	623	576
Financing Receivable, Recorded Investment, Past Due	830	759
Financing Receivable, Recorded Investment, Current	90,296	73,676
Total Loans Receivable	91,126	74,435
Municipal leases \| Commercial Loan
Financing receivable Recorded Investment 30 to 89 Days Past Due	555
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	303
Financing Receivable, Recorded Investment, Past Due	858
Financing Receivable, Recorded Investment, Current	108,221	106,215
Total Loans Receivable	109,079	106,215
Total loans
Financing receivable Recorded Investment 30 to 89 Days Past Due	8,165	7,525
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	22,757	20,379
Financing Receivable, Recorded Investment, Past Due	30,922	27,904
Financing Receivable, Recorded Investment, Current	1,578,013	1,469,964
Total Loans Receivable	$ 1,608,935	$ 1,497,868

5. Loans: Schedule of Past Due Loans Still Accruing and Nonaccruing Interest (Details) - USD ($) $ in Thousands	Sep. 30, 2014	Jun. 30, 2014
Total loans
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 45,473	$ 47,011
Retail consumer loans \| OneToFourFamilyRealEstateLoansMember
Financing Receivable, Recorded Investment, Nonaccrual Status	15,864	17,968
Retail consumer loans \| Home Equity Line of Credit
Financing Receivable, Recorded Investment, Nonaccrual Status	2,765	3,114
Retail consumer loans \| Construction and land/lots loans
Financing Receivable, Recorded Investment, Nonaccrual Status	782	688
Retail consumer loans \| Consumer Loan
Financing Receivable, Recorded Investment, Nonaccrual Status	35	27
Commercial Loan \| Commercial Real Estate
Financing Receivable, Recorded Investment, Nonaccrual Status	16,910	16,941
Commercial Loan \| Construction Loan Payable
Financing Receivable, Recorded Investment, Nonaccrual Status	6,771	6,270
Commercial Loan \| Commercial and industrial loans
Financing Receivable, Recorded Investment, Nonaccrual Status	2,043	$ 2,003
Commercial Loan \| Municipal leases
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 303

5. Loans: Schedule of Troubled Debt Restructurings Performing and Excluded from Nonaccruing Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2014	Jun. 30, 2014
Performing Financing Receivable
Performing restructured loans included in impaired loans	$ 18,737	$ 22,179

5. Loans: Schedule of Ending Balances of Loans and the Related Allowance by Segment and Class (Details) - USD ($) $ in Thousands	Sep. 30, 2014	Jun. 30, 2014
Allowance for loan losses	$ (23,080)	$ (23,429)
Automobile Loan
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	198
Allowance for loan losses	198
Financing Receivable, Collectively Evaluated for Impairment	15,449
Loans Receivable Gross	15,449
Consumer Loan
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	3
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	100
Allowance for loan losses	103
Financing Receivable Purchased Credit-Impaired Loans	15
Financing Receivable, Individually Evaluated for Impairment	9
Financing Receivable, Collectively Evaluated for Impairment	5,532
Loans Receivable Gross	5,556
Retail consumer loans \| One to four family loans
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	432	493
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	9,082	10,034
Allowance for loan losses	9,514	10,527
Financing Receivable Purchased Credit-Impaired Loans	9,746	8,261
Financing Receivable, Individually Evaluated for Impairment	23,328	23,929
Financing Receivable, Collectively Evaluated for Impairment	622,994	628,010
Loans Receivable Gross	656,068	660,200
Retail consumer loans \| Home Equity Line of Credit
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	154	134
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	2,225	2,353
Allowance for loan losses	2,379	2,487
Financing Receivable Purchased Credit-Impaired Loans	424	377
Financing Receivable, Individually Evaluated for Impairment	2,653	3,014
Financing Receivable, Collectively Evaluated for Impairment	155,143	144,988
Loans Receivable Gross	158,220	148,379
Retail consumer loans \| Construction and land/lots loans
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	655	379
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	2,097	2,041
Allowance for loan losses	2,752	2,420
Financing Receivable Purchased Credit-Impaired Loans	898	1,077
Financing Receivable, Individually Evaluated for Impairment	2,272	1,735
Financing Receivable, Collectively Evaluated for Impairment	58,611	56,437
Loans Receivable Gross	61,781	59,249
Retail consumer loans \| Automobile Loan
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment		113
Allowance for loan losses		113
Financing Receivable, Collectively Evaluated for Impairment		8,833
Loans Receivable Gross		8,833
Retail consumer loans \| Consumer Loan
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment		3
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment		181
Allowance for loan losses		184
Financing Receivable Purchased Credit-Impaired Loans		41
Financing Receivable, Individually Evaluated for Impairment		10
Financing Receivable, Collectively Evaluated for Impairment		6,280
Loans Receivable Gross		6,331
Commercial Loan \| Commercial Real Estate
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	20	26
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	5,609	5,413
Allowance for loan losses	5,629	5,439
Financing Receivable Purchased Credit-Impaired Loans	50,426	25,711
Financing Receivable, Individually Evaluated for Impairment	15,608	13,784
Financing Receivable, Collectively Evaluated for Impairment	389,185	338,274
Loans Receivable Gross	455,219	377,769
Commercial Loan \| Construction Loan Payable
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	67	26
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	1,265	1,215
Allowance for loan losses	1,332	1,241
Financing Receivable Purchased Credit-Impaired Loans	7,444	5,652
Financing Receivable, Individually Evaluated for Impairment	5,509	5,571
Financing Receivable, Collectively Evaluated for Impairment	43,484	45,234
Loans Receivable Gross	56,437	56,457
Commercial Loan \| Commercial and industrial loans
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	1	3
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	444	246
Allowance for loan losses	445	249
Financing Receivable Purchased Credit-Impaired Loans	8,136	5,355
Financing Receivable, Individually Evaluated for Impairment	2,243	2,378
Financing Receivable, Collectively Evaluated for Impairment	80,747	66,702
Loans Receivable Gross	91,126	74,435
Commercial Loan \| Municipal leases
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	728	769
Allowance for loan losses	728	769
Financing Receivable, Collectively Evaluated for Impairment	109,079	106,215
Loans Receivable Gross	109,079	106,215
Commercial Loan \| Total loans
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	1,332	1,064
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	21,748	22,365
Allowance for loan losses	23,080	23,429
Financing Receivable Purchased Credit-Impaired Loans	77,089	46,474
Financing Receivable, Individually Evaluated for Impairment	51,622	50,421
Financing Receivable, Collectively Evaluated for Impairment	1,480,224	1,400,973
Loans Receivable Gross	$ 1,608,935	$ 1,497,868

5. Loans: Schedule Of Impaired Loans And Related Allowance By Segment And Class (Details) - USD ($) $ in Thousands	Sep. 30, 2014	Jun. 30, 2014
Total impaired loans
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
Retail consumer loans \| OneToFourFamilyRealEstateLoansMember
Impaired Financing Receivable, with Related Allowance, Recorded Investment	$ 13,980	17,379
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	17,710	14,614
Impaired Financing Receivable, Recorded Investment	31,690	31,993
Impaired Financing Receivable, Related Allowance	540	678
Retail consumer loans \| Home Equity Line of Credit
Impaired Financing Receivable, with Related Allowance, Recorded Investment	3,178	2,445
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	1,491	2,305
Impaired Financing Receivable, Recorded Investment	4,669	4,750
Impaired Financing Receivable, Related Allowance	188	166
Retail consumer loans \| Construction and land/lots loans
Impaired Financing Receivable, with Related Allowance, Recorded Investment	1,723	1,737
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	627	109
Impaired Financing Receivable, Recorded Investment	2,350	1,846
Impaired Financing Receivable, Related Allowance	656	411
Retail consumer loans \| Consumer Loan
Impaired Financing Receivable, with Related Allowance, Recorded Investment	26	16
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	9	11
Impaired Financing Receivable, Recorded Investment	35	27
Impaired Financing Receivable, Related Allowance	3	3
Commercial Loan \| Commercial Real Estate
Impaired Financing Receivable, with Related Allowance, Recorded Investment	3,167	6,228
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	15,297	9,114
Impaired Financing Receivable, Recorded Investment	18,464	15,342
Impaired Financing Receivable, Related Allowance	48	166
Commercial Loan \| Construction Loan Payable
Impaired Financing Receivable, with Related Allowance, Recorded Investment	2,182	1,043
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	3,892	5,088
Impaired Financing Receivable, Recorded Investment	6,074	6,131
Impaired Financing Receivable, Related Allowance	83	54
Commercial Loan \| Commercial and industrial loans
Impaired Financing Receivable, with Related Allowance, Recorded Investment	820	835
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	2,243	1,903
Impaired Financing Receivable, Recorded Investment	3,063	2,738
Impaired Financing Receivable, Related Allowance	4	$ 13
Commercial Loan \| Municipal leases
Impaired Financing Receivable, with Related Allowance, Recorded Investment	303
Impaired Financing Receivable, Recorded Investment	303
Impaired Financing Receivable, Related Allowance	2
Commercial Loan \| Total impaired loans
Impaired Financing Receivable, with Related Allowance, Recorded Investment	25,379
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	41,269
Impaired Financing Receivable, Recorded Investment	66,648
Impaired Financing Receivable, Related Allowance	$ 1,524

5. Loans: Impaired Financing Receivable, Policy (Details) - USD ($) $ in Thousands	Sep. 30, 2014	Jun. 30, 2014
Details
Impaired Loans Not Individually Evaluated	$ 15,026	$ 12,406
Recorded Allowance of Impaired Loans Not Individually Evaluated	$ 192	$ 427

5. Loans: Schedule Of Changes In Accretable Yield For Purchased Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2014	Sep. 30, 2013
Bank of Commerce
Certain Loans Acquired in Transfer Accretable Yield Additions	$ 7,315	$ 1,835
Certain Loans Acquired in Transfer Accretable Yield Interest Income	(931)	(100)
Beginning of period
Certain Loans Acquired in Transfer, Accretable Yield	6,151
End of period
Certain Loans Acquired in Transfer, Accretable Yield	$ 12,535	$ 1,735

5. Loans: Schedule of Purchased Performing Loans Receivable -- Bank of Commerce (Details) - Bank of Commerce - Purchased Performing Loans - USD ($) $ in Thousands	Sep. 30, 2014	Jun. 30, 2014
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Acquired During Period, Contractually Required Payments Receivable at Acquisition	$ 46,812	$ 47,291
Business Combination Adjustment for Credit, Interest Rate, and Liquidity	1,150	1,159
Business Combination, Acquired Receivables, Fair Value	$ 45,662	$ 46,132

5. Loans: Schedule of Purchased Impaired Loans Receivable -- Bank of Commerce (Details) - Bank of Commerce - Purchased Impaired Loans $ in Thousands	Jul. 31, 2014 USD ($)
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Acquired During Period, Contractually Required Payments Receivable at Acquisition	$ 49,870
Certain Loans Acquired in Transfer, Nonaccretable Difference	2,300
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Acquired During Period, Cash Flows Expected to be Collected at Acquisition	47,570
Certain Loans Acquired in Transfer, Accretable Yield	7,315
Business Combination Acquired Impaired Loans Receivable Fair Value	$ 40,255

5. Loans: Schedule of Debtor Troubled Debt Restructuring, Current Period (Details) $ in Thousands	3 Months Ended
	Sep. 30, 2014 USD ($)	Sep. 30, 2013 USD ($)
Troubled Debt Restructurings
Financing Receivable, Modifications, Number of Contracts	8	5
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$ 712	$ 725
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 722	$ 728
Below market interest rate \| Retail consumer loans \| OneToFourFamilyRealEstateLoansMember
Financing Receivable, Modifications, Number of Contracts		1
Financing Receivable, Modifications, Pre-Modification Recorded Investment		$ 18
Financing Receivable, Modifications, Post-Modification Recorded Investment		$ 17
Below market interest rate \| Retail consumer loans \| Total loans
Financing Receivable, Modifications, Number of Contracts		1
Financing Receivable, Modifications, Pre-Modification Recorded Investment		$ 18
Financing Receivable, Modifications, Post-Modification Recorded Investment		$ 17
Extended payment terms \| Retail consumer loans \| OneToFourFamilyRealEstateLoansMember
Financing Receivable, Modifications, Number of Contracts	1
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$ 146
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 147
Extended payment terms \| Retail consumer loans \| Total loans
Financing Receivable, Modifications, Number of Contracts	2
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$ 192
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 193
Extended payment terms \| Retail consumer loans \| Home Equity Line of Credit
Financing Receivable, Modifications, Number of Contracts	1
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$ 46
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 46
Other Troubled Debt Restructurings \| Retail consumer loans \| OneToFourFamilyRealEstateLoansMember
Financing Receivable, Modifications, Number of Contracts	4	3
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$ 314	$ 572
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 324	$ 576
Other Troubled Debt Restructurings \| Retail consumer loans \| Total loans
Financing Receivable, Modifications, Number of Contracts	6	4
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$ 520	$ 707
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 529	$ 711
Other Troubled Debt Restructurings \| Retail consumer loans \| Home Equity Line of Credit
Financing Receivable, Modifications, Number of Contracts	1
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$ 100
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 105
Other Troubled Debt Restructurings \| Retail consumer loans \| Construction and land/lots loans
Financing Receivable, Modifications, Number of Contracts	1	1
Financing Receivable, Modifications, Pre-Modification Recorded Investment	$ 106	$ 135
Financing Receivable, Modifications, Post-Modification Recorded Investment	$ 100	$ 135

5. Loans: Schedule of Troubled Debt Restructurings With Payment Default (Details) $ in Thousands	3 Months Ended
	Sep. 30, 2014 USD ($)	Sep. 30, 2013 USD ($)
Total troubled debt restructured loans subsequent default
Troubled Debt Restructuring Subsequent Default Number of Loans	6	15
Troubled Debt Restructuring Subsequent Default Recorded Investment	$ 312	$ 2,133
Extended payment terms \| Commercial Loan \| Total loans
Troubled Debt Restructuring Subsequent Default Number of Loans		3
Troubled Debt Restructuring Subsequent Default Recorded Investment		$ 46
Extended payment terms \| Commercial Loan \| Commercial and industrial loans
Troubled Debt Restructuring Subsequent Default Number of Loans		1
Troubled Debt Restructuring Subsequent Default Recorded Investment		$ 25
Extended payment terms \| Retail consumer loans \| OneToFourFamilyRealEstateLoansMember
Troubled Debt Restructuring Subsequent Default Number of Loans		1
Troubled Debt Restructuring Subsequent Default Recorded Investment		$ 10
Extended payment terms \| Retail consumer loans \| Home Equity Line of Credit
Troubled Debt Restructuring Subsequent Default Number of Loans		1
Troubled Debt Restructuring Subsequent Default Recorded Investment		$ 11
Other Troubled Debt Restructurings \| Commercial Loan \| Total loans
Troubled Debt Restructuring Subsequent Default Number of Loans	4	12
Troubled Debt Restructuring Subsequent Default Recorded Investment	$ 312	$ 2,087
Other Troubled Debt Restructurings \| Commercial Loan \| Commercial Real Estate
Troubled Debt Restructuring Subsequent Default Number of Loans		3
Troubled Debt Restructuring Subsequent Default Recorded Investment		$ 381
Other Troubled Debt Restructurings \| Retail consumer loans \| OneToFourFamilyRealEstateLoansMember
Troubled Debt Restructuring Subsequent Default Number of Loans	4	7
Troubled Debt Restructuring Subsequent Default Recorded Investment	$ 312	$ 1,523
Other Troubled Debt Restructurings \| Retail consumer loans \| Home Equity Line of Credit
Troubled Debt Restructuring Subsequent Default Number of Loans		1
Troubled Debt Restructuring Subsequent Default Recorded Investment		$ 48
Other Troubled Debt Restructurings \| Retail consumer loans \| Construction and land/lots loans
Troubled Debt Restructuring Subsequent Default Number of Loans		1
Troubled Debt Restructuring Subsequent Default Recorded Investment		$ 135

7. Equity Incentive Plan: Equity Incentive Plan Policy: 2013 Omnibus Incentive Plan (Details)	3 Months Ended
	Sep. 30, 2014 shares
Equity Incentive Plan Name	2013 Omnibus Incentive Plan
2013 Omnibus Incentive Plan
Equity Incentive Plan Description	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
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	2,962,400
Shares Held for awards of stock options and stock appreciation rights	2,116,000
Shares held for awards of restricted stock and restricted stock units	846,400

7. Equity Incentive Plan: Equity Incentive Plan Policy: Shares under the 2013 Omnibus Incentive Plan (Details)	12 Months Ended
	Jun. 30, 2013 USD ($) $ / shares shares
Details
Stock Repurchased During Period, Shares \| shares	846,400
Stock Repurchase Program, Authorized Amount \| $	$ 13,300
Share-based Compensation Arrangement by Share-based Payment Award, Per Share Weighted Average Price of Shares Purchased \| $ / shares	$ 15.71

7. Equity Incentive Plan: Equity Incentive Plan Stock Option Activity (Details) $ / shares in Units, $ in Thousands	3 Months Ended
	Sep. 30, 2014 USD ($) $ / shares shares	Sep. 30, 2013 USD ($) $ / shares shares
Outstanding Stock Options \| Beginning of period
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross \| shares	1,513,500	1,557,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price \| $ / shares	$ 14.40	$ 14.37
Share-based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term	8.6	9.6
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value \| $	$ 2,077	$ 4,033
Outstanding Stock Options \| End of period
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross \| shares	1,495,500	1,557,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price \| $ / shares	$ 14.40	$ 14.37
Share-based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term	8.4	9.3
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value \| $	$ 352	$ 3,316
Options Exercised
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross \| shares	18,000
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price \| $ / shares	$ 14.37
Options Exercisable \| End of period
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross \| shares	272,175
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price \| $ / shares	$ 14.37
Share-based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term	8.4

7. Equity Incentive Plan: Unrecognized Compensation Expenses for Stock Options Policy (Details) - Stock Option Activity $ in Thousands	3 Months Ended
	Sep. 30, 2014 USD ($)	Sep. 30, 2013 USD ($)
Unrecognized Compensation Expense	$ 4,700	$ 6,100
Share-based Compensation Arrangement by Share-based Payment Award, Description	related to 1,495,500 stock options scheduled to vest over five- and seven-year vesting periods	related to 1,557,000 stock options scheduled to vest over five- and seven-year vesting periods
Unrecognized Compensation Costs on Stock Option Awards Weighted Average Period of Recognition	2.0	4.5