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Document and Entity Information - shares	3 Months Ended
Document and Entity Information - shares	Sep. 30, 2013	Nov. 07, 2013
Document and Entity Information:
Entity Registrant Name	HomeTrust Bancshares, Inc.
Document Type	10-Q
Document Period End Date	Sep. 30, 2013
Amendment Flag	false
Entity Central Index Key	0001538263
Current Fiscal Year End Date	--06-30
Entity Common Stock, Shares Outstanding		20,118,414
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2014
Document Fiscal Period Focus	Q1

HOMETRUST BANCSHARES, INC. AND SUBSIDIARY -- Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2013	Jun. 30, 2013
Assets
Cash	$ 18,899	$ 13,251
Interest-bearing deposits	74,019	112,462
Cash and cash equivalents	92,918	125,713
Certificates of deposit in other banks	145,606	136,617
Securities available for sale, at fair value	97,860	24,750
Loans held for sale	6,106	10,770
Total loans, net of deferred loan fees and discount	1,196,704	1,164,183
Allowance for loan losses	(29,200)	(32,073)
Net loans	1,167,504	1,132,110
Premises and equipment, net	24,796	22,400
Federal Home Loan Bank stock, at cost	2,089	1,854
Accrued interest receivable	5,824	5,549
Real estate owned	14,514	11,739
Deferred income taxes	47,247	47,428
Bank owned life insurance	62,660	62,242
Goodwill	2,802
Other assets	3,600	2,151
Total Assets	1,673,526	1,583,323
Liabilities
Deposits	1,243,488	1,154,750
Other borrowings	2,227
Capital lease obligations	2,012	2,016
Other liabilities	57,733	59,042
Total liabilities	1,305,460	1,215,808
Stockholders' Equity
Common stock	206	208
Additional paid in capital	224,558	227,397
Retained earnings	153,317	149,990
Unearned Employee Stock Ownership Plan (ESOP) shares	(9,919)	(10,051)
Accumulated other comprehensive loss	(96)	(29)
Total stockholders' equity	368,066	367,515
Total Liabilities and Stockholders' Equity	$ 1,673,526	$ 1,583,323

HOMETRUST BANCSHARES, INC. AND SUBSIDIARY -- Consolidated Balance Sheets (Parentheticals) - $ / shares	Sep. 30, 2013	Jun. 30, 2013
Statement 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	20,590,544	20,824,900
Common stock shares outstanding	20,590,544	20,824,900

HOMETRUST BANCSHARES, INC. AND SUBSIDIARY -- Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Interest and Dividend Income
Loans	$ 14,082	$ 15,216
Securities available for sale	297	96
Certificates of deposit and other interest-bearing deposits	452	391
Federal Home Loan Bank stock	12	25
Total interest and dividend income	14,843	15,728
Interest Expense
Deposits	1,543	2,020
Other borrowings	3	189
Total interest expense	1,546	2,209
Net Interest Income	13,297	13,519
Provision for (Recovery of) Loan Losses	(2,300)	1,500
Net Interest Income after Provision for Loan Losses	15,597	12,019
Noninterest Income
Service charges on deposit accounts	679	653
Mortgage banking income and fees	998	1,176
Other noninterest income, net	594	514
Total other income	2,271	2,343
Noninterest Expense
Salaries and employee benefits	7,177	6,329
Net occupancy expense	1,150	1,259
Marketing and advertising	355	314
Telephone, postage, and supplies	382	397
Deposit insurance premiums	335	522
Computer services	889	519
Loss (gain) on sale and impairment of real estate owned	(271)	327
Federal Home Loan Bank advance prepayment penalty		1,561
REO expense	454	762
Other noninterest expense	1,404	1,403
Total other expense	11,875	13,393
Income Before Income Taxes	5,993	969
Income Tax Expense (Benefit)	2,666	(183)
Net Income	$ 3,327	$ 1,152
Net income per common share:
Earnings Per Share Basic	$ 0.17	$ 0.06
Earnings Per Share Diluted	$ 0.17	$ 0.06
Average shares outstanding:
Basic	19,288,154	20,108,612
Diluted	19,377,896	20,108,612

HOMETRUST BANCSHARES, INC. AND SUBSIDIARY -- Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Statements of Comprehensive Income
Net Income	$ 3,327	$ 1,152
Unrealized holding gains (losses) on securities available for sale
Gains (losses) arising during the period	(102)	177
Deferred income tax benefit (expense)	35	(60)
Total other comprehensive income (loss)	(67)	117
Comprehensive Income	$ 3,260	$ 1,269

- Definition

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

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-URI http://asc.fasb.org/extlink&oid=6518256

Reference 2: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Topic 230
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Reference 3: http://www.xbrl.org/2003/role/presentationRef
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Reference 7: http://www.xbrl.org/2003/role/presentationRef
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-Name Accounting Standards Codification
-Glossary Other Comprehensive Income
-URI http://asc.fasb.org/extlink&oid=6519514

Reference 8: http://www.xbrl.org/2003/role/presentationRef
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Reference 9: http://www.xbrl.org/2003/role/presentationRef
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-Number 210
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Reference 10: http://www.xbrl.org/2003/role/presentationRef
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+ 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, 2012			$ 31,367	$ 140,937		$ 181	$ 172,485
Net income	$ 1,152			1,152			1,152
Issuance of common stock		$ 212	211,388				211,600
Common stock issuance cost			(3,396)				(3,396)
Loan to ESOP for purchase of shares	(10,580)				$ (10,580)		(10,580)
ESOP shares allocated			33		132		165
Other comprehensive income	117					117	117
Balance at end of period at Sep. 30, 2012		212	239,392	142,089	(10,448)	298	371,543
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	$ (67)					(67)	(67)
Balance at end of period at Sep. 30, 2013		$ 206	$ 224,558	$ 153,317	$ (9,919)	$ (96)	$ 368,066

HOMETRUST BANCSHARES, INC. AND SUBSIDIARY -- Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Operating Activities:
Net income	$ 3,327	$ 1,152
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Provision for (recovery of) loan losses	(2,300)	1,500
Depreciation	556	565
Deferred income tax expense (benefit)	2,686	(209)
Net amortization and accretion	(129)	76
Loss (gain) on sale and impairment of real estate owned	(271)	327
Gain on sale of loans held for sale	(613)	(921)
Origination of loans held for sale	(27,092)	(64,006)
Proceeds from sales of loans held for sale	32,369	56,594
Decrease in deferred loan fees, net	(53)	(164)
Increase in accrued interest receivable and other assets	(969)	(1,590)
ESOP compensation expense	217	165
Restricted stock and stock option expense	668
Decrease in other liabilities	(2,499)	(2,222)
Net cash provided by (used in) operating activities	5,897	(8,733)
Investing Activities:
Purchase of securities available for sale	(41,810)	(6,000)
Proceeds from maturities of securities available for sale		6,000
Purchase of certificates of deposit in other banks	(16,655)	(30,545)
Maturities of certificates of deposit in other banks	7,666	16,310
Principal repayments of mortgage-backed securities	2,909	866
Net redemptions of Federal Home Loan Bank Stock	212	3,253
Net decrease in loans	13,431	23,295
Purchase of premises and equipment	(611)	(189)
Capital improvements to real estate owned	(96)	(118)
Proceeds from sale of real estate owned	1,262	5,061
Acquisition, net of cash paid	1,475
Net cash provided by (used in) investing activities	(32,217)	17,933
Financing Activities:
Net decrease in deposits	(370)	(305,866)
Net decrease in other borrowings	(2,507)	(8,040)
Proceeds from stock conversion		208,204
Loan to ESOP for purchase of shares		(10,580)
Common stock repurchased	(3,594)
Decrease in capital lease obligations	(4)	(2)
Net cash used in financing activities	(6,475)	(116,284)
Net Decrease in Cash and Cash Equivalents	(32,795)	(107,084)
Cash and Cash Equivalents at Beginning of Period	125,713	224,801
Cash and Cash Equivalents at End of Period	92,918	117,717
Cash paid during the period for:
Interest	1,375	2,287
Income taxes	13
Noncash transactions:
Unrealized gain (loss) in value of securities available for sale, net of income taxes	(67)	117
Transfers of loans to real estate owned	1,615	2,708
Loans originated to finance the sale of real estate owned	$ 94	$ 492

Summary of Significant Accounting Policies

3 Months Ended

Sep. 30, 2013

Notes

Summary of Significant Accounting Policies

1. Summary of Significant Accounting Policies

The consolidated financial statements presented in this report include the accounts of HomeTrust Bancshares, Inc., a Maryland corporation (“HomeTrust”), and its wholly-owned subsidiary, HomeTrust Bank (the “Bank”). As used throughout this report, the term the “Company” refers to HomeTrust and 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, 2013 (“2013 Form 10-K”) filed with the SEC on September 13, 2013. The results of operations for the three months ended September 30, 2013 are not necessarily indicative of results that may be expected for the entire fiscal year ending June 30, 2014. 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.

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

Accounting Principles – The accounting and reporting policies of the Company conform to US GAAP.

Principles of Consolidation and Subsidiary Activities – The accompanying consolidated financial statements include the accounts of HomeTrust, the Bank, and its wholly-owned subsidiary, Western North Carolina Service Corporation (“WNCSC”). WNCSC owns office buildings in Asheville, North Carolina that are leased to the Bank. All intercompany items have been eliminated.

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

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

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

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

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

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

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

Loan Segments and Classes

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

Retail Consumer loan segment

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

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

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

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

Commercial loan segment

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

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

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

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

Credit Quality Indicators

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

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

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

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

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

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

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

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

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

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

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

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

Nonperforming Assets—Nonperforming assets can include loans that are past due 90 days or more and continue to accrue interest, loans on which interest is not being accrued, and real estate owned (“REO”).

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

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

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

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

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

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

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

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

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

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

The Company recognizes interest and penalties accrued relative to unrecognized tax benefits in its respective federal or state income taxes accounts. As of September 30, 2013 and June 30, 2013, there were no accruals for uncertain tax positions and no accruals for interest and penalties. HomeTrust and the Bank file a consolidated United States federal income tax return, as well as separate unconsolidated North Carolina state income tax returns. The Company’s income tax returns subsequent to 2009 are subject to examination by the taxing authorities.

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

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

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

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

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

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

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

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

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

2. Business Combinations

3 Months Ended

Sep. 30, 2013

Notes

2. Business Combinations

2. Business Combinations

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

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

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

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

Consideration Paid
Cash					$	7,823
Repayment of BankGreenville preferred stock						1,050
Contingent cash consideration⁽¹⁾						680
Total consideration					$	9,553

Assets
Cash and cash equivalents	$	10,348	$	-	$	10,348
Investment securities		34,345		-		34,345
Loans, net of allowance		51,622		(3,792)		47,830
FHLB Stock		447		-		447
Real estate owned		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 (under) liabilities assumed	$	8,063	$	(1,312)		6,751
Goodwill					$	2,802

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

The following table discloses the impact of the merger with BankGreenville since the acquisition on July 31, 2013 through September 30, 2013. The table also presents certain pro forma information as if BankGreenville had been acquired on July 1, 2013. These results combine the historical results of BankGreenville in the Company’s consolidated statement of income and, while certain adjustments were made for the estimated impact of certain fair value adjustments and other acquisition-related activity, they are not indicative of what would have occurred had the acquisition taken place on July 1, 2013. Acquisition related costs of $744, net of tax ($90 of which are included in the Company’s consolidated statements of income for the three months ended September 30, 2013) are not included in the pro forma statements below. In particular, no adjustments have been made to eliminate the impact of REO write-downs recognized by BankGreenville of $250 in July 2013 that may not have been necessary had the acquired REO been recorded at fair value as of the beginning of fiscal year 2013. Furthermore, expenses related to systems conversions and other costs of integration are expected to be recorded throughout fiscal year 2014. Additionally, the Company expects to achieve further operating cost savings as a result of the acquisition which are not reflected in the pro forma amounts below:

		Actual		Pro Forma		Actual
		Three Months Ended		Three Months Ended		Three Months Ended
		September 30, 2013		September 30, 2013		September 30, 2012
Total revenues*	$	15,568	$	15,735	$	15,862
Net income		3,417		3,101		1,152

* Net interest income plus other income

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

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

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

	Purchased Performing Loans
		September 30,	July 31,
		2013	2013

Contractually required principal payments receivable		$37,237	$41,077
Fair value adjustment for credit, interest rate, and liquidity		2,640	2,854
Fair value of purchased loans receivable		$34,597	$38,223

	Purchased Impaired Loans
		September 30,		July 31,
		2013		2013

Contractually required principal and interest payments receivable	$	12,666	$	12,817
Amounts not expected to be collected -- nonaccretable difference		1,375		1,375
Estimated payments expected to be received		11,291		11,442
Accretable yield		1,735		1,835
Fair value of purchased impaired loans	$	9,556	$	9,607

- 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=7488404&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=7488404&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=6910749&loc=d3e4845-128472

Reference 8: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 10
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-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=7488404&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
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Reference 12: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
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Reference 13: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
-SubTopic 20
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-URI http://asc.fasb.org/extlink&oid=6910749&loc=d3e4926-128472

Reference 14: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 805
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-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
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-URI http://asc.fasb.org/extlink&oid=7488404&loc=d3e6996-128479

+ Details

3. Securities Available For Sale

3 Months Ended

Sep. 30, 2013

Notes

3. Securities Available For Sale

3. Securities Available for Sale

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

	September 30, 2013
				Gross		Gross		Estimated
		Amortized		Unrealized		Unrealized		Fair
		Cost		Gains		Losses		Value
U.S. government agencies	$	27,338	$	21	$	(18)	$	27,341
Mortgage-backed securities of U.S.
government agencies and government
sponsored enterprises		57,544		216		(307)		57,453
Taxable municipal securities		9,132		29		(80)		9,081
Corporate bonds		3,992		6		(13)		3,985
Total	$	98,006	$	272	$	(418)	$	97,860

	June 30, 2013
				Gross		Gross		Estimated
		Amortized		Unrealized		Unrealized		Fair
		Cost		Gains		Losses		Value
U.S. government agencies	$	6,000	$	2	$	-	$	6,002
Mortgage-backed securities of U.S.
government agencies and government
sponsored enterprises		18,794		81		(127)		18,748
Total	$	24,794	$	83	$	(127)	$	24,750

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

	September 30, 2013
		Amortized		Estimated
		Cost		Fair Value
Due within one year	$	6,000	$	6,005
Due after one year through five years		21,165		21,178
Due after five years through ten years		7,893		7,879
Due after ten years		5,404		5,345
Mortgage-backed securities		57,544		57,453
Total	$	98,006	$	97,860

The Company had no sales of securities during the three months ended September 30, 2013 or 2012.

Securities available for sale with costs totaling $44,100 and $21,429 with market values of $44,298 and $21,500 at September 30, 2013 and June 30, 2013, respectively, were pledged as collateral to secure various public deposits and retail repurchase agreements.

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

	September 30, 2013
	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	$	8,408	$	(18)	$	-	$	-		$	8,408	$	(18)
Mortgage-backed securities of
U.S. government agencies and
government-sponsored
enterprises		15,420		(227)		11,941		(80)			27,361		(307)
Taxable municipal securities		5,330		(80)		-		-			5,330		(80)
Corporate bonds		3,016		(13)		-		-			3,016		(13)
Total	$	32,174	$	(338)	$	11,941	$	(80)		$	44,115	$	(418)

	June 30, 2013
	Less than 12 Months				12 Months or More				Total
		Fair		Unrealized		Fair		Unrealized		Fair		Unrealized
		Value		Losses		Value		Losses		Value		Losses
Mortgage-backed securities of
U.S. government agencies and
government-sponsored
enterprises	$	5,707	$	(122)	$	745	$	(5)	$	6,452	$	(127)
Total	$	5,707	$	(122)	$	745	$	(5)	$	6,452	$	(127)

The total number of securities with unrealized losses at September 30, 2013, and June 30, 2013 were 58 and 26, respectively. Unrealized losses on securities have not been recognized in income because management has the intent and ability to hold the securities for the foreseeable future, and has determined that it is not more likely than not that the Company will be required to sell the securities prior to a recovery in value. The decline in fair value was largely due to increases in market interest rates. The Company had no other than temporary impairment losses during the three months ended September 30, 2013 or the year ended June 30, 2013. The Bank, as a member of the FHLB, is required to maintain an investment in FHLB capital stock. No ready market exists for the FHLB stock and the carrying value approximates its fair value based on the redemption provisions of the FHLB.

- 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

4. Loans

3 Months Ended

Sep. 30, 2013

Notes

4. Loans

4. Loans

Loans consist of the following at the dates indicated:

		September 30,		June 30,
		2013		2013
Retail consumer loans:
One-to-four family	$	599,485	$		602,050
Home equity lines of credit		128,979			125,676
Construction and land/lots		52,202			51,546
Consumer		4,058			3,349
Total retail consumer loans		784,724			782,621
Commercial loans:
Commercial real estate		247,258			231,086
Construction and development		32,754			23,994
Commercial and industrial		18,337			11,452
Municipal leases		114,926			116,377
Total commercial loans		413,275			382,909
Total loans		1,197,999			1,165,530
Deferred loan fees, net		(1,295)			(1,347)
Total loans, net of deferred loan fees and discount		1,196,704			1,164,183
Allowance for loan and lease losses		(29,200)			(32,073)
Loans, net	$	1,167,504	$		1,132,110

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 loans by segment, class, and risk grade at the dates indicated follow:

				Special
		Pass		Mention		Substandard		Doubtful		Loss		Total
September 30, 2013
Retail consumer loans:
One-to-four family	$	535,032	$	13,991	$	46,347	$	4,096	$	19	$	599,485
Home equity lines of credit		120,750		1,867		6,176		184		2		128,979
Construction and land/lots		49,645		302		2,141		114		-		52,202
Consumer		3,788		118		120		5		27		4,058
Commercial loans:
Commercial real estate		195,140		16,404		31,205		4,509		-		247,258
Construction and development		19,207		3,529		9,885		132		1		32,754
Commercial and industrial		14,466		1,925		1,945		-		1		18,337
Municipal leases		114,131		795		-		-		-		114,926
Total loans	$	1,052,159	$	38,931	$	97,819	$	9,040	$	50	$	1,197,999

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

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

		Past Due								Total
		30-89 Days		90 Days+		Total		Current		Loans
September 30, 2013
Retail consumer loans:
One-to-four family	$	6,662	$	11,434	$	18,096	$	581,389	$	599,485
Home equity lines of credit		348		1,602		1,950		127,029		128,979
Construction and land/lots		467		348		815		51,387		52,202
Consumer		4		38		42		4,016		4,058
Commercial loans:
Commercial real estate		3,032		9,199		12,231		235,027		247,258
Construction and development		308		4,867		5,175		27,579		32,754
Commercial and industrial		88		78		166		18,171		18,337
Municipal leases		467		-		467		114,459		114,926
Total loans	$	11,376	$	27,566	$	38,942	$	1,159,057	$	1,197,999

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

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

		September 30, 2013				June 30, 2013
				90 Days + &				90 Days + &
		Nonaccruing		still accruing		Nonaccruing		still accruing
Retail consumer loans:
One-to-four family	$	30,057	$	-	$	29,811	$	-
Home equity lines of credit		4,092		-		3,793		-
Construction and land/lots		1,986		-		2,172		-
Consumer		39		-		42		-
Commercial loans:
Commercial real estate		21,143		-		21,149		-
Construction and development		9,214		-		10,172		-
Commercial and industrial		1,209		-		1,422		-
Municipal leases		-		-		-		-
Total loans	$	67,740	$	-	$	68,561	$	-

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

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

		September 30,		June 30,
		2013		2013
Performing TDRs included in
impaired loans	$	17,772	$	14,012

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

	Three Months Ended September 30, 2013			Three Months Ended September 30, 2012
	Retail			Retail
	Consumer	Commercial	Total	Consumer		Commercial		Total
Balance at beginning of period	$21,952	$10,121	$32,073	$	21,172	$	13,928	$	35,100
Provision for (recovery of) loan losses	(1,639)	(661)	(2,300)		689		811		1,500
Charge-offs	(714)	(214)	(928)		(611)		(718)		(1,329)
Recoveries	132	223	355		124		492		616
Balance at end of period	$19,731	$9,469	$29,200	$	21,374	$	14,513	$	35,887

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

		Allowance for Loan Losses						Total Loans Receivable
		Loans						Loans
		individually		Loans				individually		Loans
		evaluated for		Collectively				evaluated for		Collectively
		impairment		Evaluated		Total		impairment		Evaluated		Total
September 30, 2013
Retail consumer loans:
One- to four-family	$	1,129	$	12,278	$	13,407	$	34,979	$	564,506	$	599,485
Home equity		323		3,114		3,437		3,798		125,181		128,979
Construction and land/lots		40		2,707		2,747		1,873		50,329		52,202
Consumer		1		139		140		2		4,056		4,058
Commercial loans:
Commercial real estate		59		5,942		6,001		22,227		225,031		247,258
Construction and development		392		1,928		2,320		8,489		24,265		32,754
Commercial and industrial		28		151		179		2,169		16,168		18,337
Municipal leases		-		969		969		-		114,926		114,926
Total	$	1,972	$	27,228	$	29,200	$	73,537	$	1,124,462	$	1,197,999

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

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

	Total Impaired Loans
			Unpaid		With a		With No				Related
			Principal		Recorded		Recorded				Recorded
			Balance		Allowance		Allowance		Total		Allowance
September 30, 2013
Retail consumer loans:
One-to-four family		$	39,701	$	14,952	$	28,749	$	43,701	$	1,272
Home equity lines of credit			7,170		2,948		2,649		5,597		361
Construction and land/lots			4,748		410		1,738		2,148		53
Consumer			143		38		1		39		4
Commercial loans:
Commercial real estate			26,617		4,104		21,561		25,665		145
Construction and development			14,695		1,568		7,595		9,163		464
Commercial and industrial			3,089		382		2,170		2,552		5
Municipal leases			-		-		-		-		-
Total impaired loans		$	96,163	$	24,402	$	64,463	$	88,865	$	2,304

	Total Impaired Loans
			Unpaid		With a		With No				Related
			Principal		Recorded		Recorded				Recorded
			Balance		Allowance		Allowance		Total		Allowance
June 30, 2013
Retail consumer loans:
One-to-four family		$	49,176	$	14,194	$	30,219	$	44,413	$	1,176
Home equity lines of credit			9,405		3,303		2,651		5,954		518
Construction and land/lots			4,617		551		1,649		2,200		38
Consumer			184		39		3		42		4
Commercial loans:
Commercial real estate			28,136		998		22,716		23,714		119
Construction and development			17,986		518		10,034		10,552		256
Commercial and industrial			3,801		-		2,864		2,864		-
Municipal leases			-		-		-		-		-
Total impaired loans		$	113,305	$	19,603	$	70,136	$	89,739	$	2,111

The table above includes $15,157 and $16,613, of impaired loans that were not individually evaluated at September 30, 2013 and June 30, 2013, respectively, because these loans did not meet the Company’s threshold for individual impairment evaluation. The recorded allowance above includes $332 and $216 related to these loans that were not individually evaluated at September 30, 2013 and June 30, 2013, 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 as follows:

	September 30, 2013				September 30, 2012
		Average		Interest		Average		Interest
		Recorded		Income		Recorded		Income
		Investment		Recognized		Investment		Recognized
Retail consumer loans:
One-to-four family	$	44,682	$	364	$	42,314	$	426
Home equity lines of credit		5,938		70		5,216		36
Construction and land/lots		2,556		42		4,190		36
Consumer		59		1		59		1
Commercial loans:
Commercial real estate		26,535		143		22,262		412
Construction and development		10,978		33		21,052		142
Commercial and industrial		2,860		38		3,184		42
Municipal leases		-		-		389		-
Total loans	$	93,608	$	691	$	98,666	$	1,095

A summary of changes in the accretable yield for purchased impaired loans for the 3 months ended September 30, 2013 follows. There was no accretable yield at September 30, 2012.

		September 30,
		2013
Accretable yield, beginning of period	$	-
Addition from the BankGreenville acquisition		1,835
Interest income		(100)
Accretable yield, end of period	$	1,735

For the three months ended September 30, 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, 2013			September 30, 2012
	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	2	$171	$170
Commercial:
Commercial real estate	-	-	-	1	236	236
Total	1	$18	$17	3	$407	$406

Other TDRs
Retail consumer:
One-to-four family	3	$572	$576	-	$-	$-
Construction and land/lots	1	135	135	-	-	-
Total	4	$707	$711	-	$-	$-

Total	5	$725	$728	3	$407	$406

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, 2013 and 2012.

	Three Months Ended			Three Months Ended
	September 30, 2013			September 30, 2012
	Number of		Recorded	Number of		Recorded
	Loans		Investment	Loans		Investment
Below market interest rate:
Retail consumer:
One-to-four family	-	$	-	2	$	1,590
Total	-	$	-	2	$	1,590

Extended payment terms:
Retail consumer:
One-to-four family	1	$	10	2	$	106
Home equity lines of credit	1		11	-		-
Commercial:
Commercial and Industrial	1		25	-		-
Total	3	$	46	2	$	106

Other TDRs:
Retail consumer:
One-to-four family	7	$	1,523	-	$	-
Home equity lines of credit	1		48	-		-
Construction and land/lots	1		135	-		-
Commercial:
Commercial real estate	3		381	1		247
Total	12	$	2,087	1	$	247
Total	15	$	2,133	5	$	1,943

Other TDRs include TDRs that have a below market interest rate and extended payment terms. The Company does not typically forgive principal when restructuring troubled debt.

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

- Definition

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

+ References + Details

5. Employee Stock Ownership Plan

3 Months Ended

Sep. 30, 2013

Notes

5. Employee Stock Ownership Plan

5. Employee Stock Ownership Plan

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

Compensation expense related to the ESOP for the three months ended September 30, 2013 and 2012 was $217 and $165, respectively.

Shares held by the ESOP include the following:

	September 30,
	2013
Unallocated ESOP shares		991,875
Allocated ESOP shares		52,900
ESOP shares committed to be released		13,225
Total ESOP shares		1,058,000
Fair value of unallocated ESOP shares	$	16,366

6. Net Income Per Share

3 Months Ended

Sep. 30, 2013

Notes

6. Net Income Per Share

6. Net income per Share

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

	Three Months Ended
	September 30,
	2013		2012

Numerator:
Net income available to common stockholders	$	3,327	$	1,152
Denominator:
Weighted-average common shares outstanding - basic		19,288,154		20,108,612
Effect of dilutive shares		89,742		-
Weighted-average common shares outstanding - diluted		19,377,896		20,108,612
Net income per share - basic	$	0.17	$	0.06
Net income per share - diluted	$	0.17	$	0.06

7. Equity Incentive Plan

3 Months Ended

Sep. 30, 2013

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, in the case of restricted stock awards, may be 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, 2013 was $668, before the tax related benefit of $247. For the three months ended September 30, 2012, there was no share based compensation expense, as there was no share based compensation issued at that time.

The table below presents stock option activity for the three months ended September 30, 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

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 is expected to be recognized was 4.5 years at September 30, 2013. No awards were vested or exercisable as of September 30, 2013.

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

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, 2013

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, 2013 and June 30, 2013, respectively, loan commitments (excluding $30,717 and $27,013 of undisbursed portions of construction loans) totaled $25,704 and $27,147 of which $2,252 and $3,083 were variable rate commitments and $23,451 and $24,064 were fixed rate commitments. The fixed rate loans had interest rates ranging from 2.00% to 9.25% at September 30, 2013 and 2.50% to 9.25% at June 30, 2013, and terms ranging from 6 to 30 years. Pre-approved but unused lines of credit (principally second mortgage home equity loans and overdraft protection loans) totaled $149,933 and $151,611 at September 30, 2013 and June 30, 2013, respectively. These amounts represent the Company’s exposure to credit risk, and in the opinion of management have no more than the normal lending risk that the Company commits to its borrowers. The Company has freestanding derivative instruments consisting of commitments to originate fixed rate conforming loans and commitments to sell fixed rate conforming loans. The fair value of these commitments was not material at September 30, 2013 or June 30, 2013.

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

Restrictions on Cash – The Bank is required by regulation to maintain a varying cash reserve balance with the Federal Reserve System. The daily average calculated cash reserve required as of September 30, 2013 and June 30, 2013 was $1,866, and $1,284, respectively, which was satisfied by vault cash and balances held at the Federal Reserve.

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

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

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

9. Fair Value of Financial Instruments

3 Months Ended

Sep. 30, 2013

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

Real Estate Owned

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

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

	September 30, 2013
Description		Total		Level 1		Level 2		Level 3
U.S government agencies	$	27,341	$	-	$	27,341	$	-
Mortgage-backed securities of U.S. government agencies and government sponsored enterprises		57,453		-		57,453		-
Taxable municipal securities		9,081		-		9,081		-
Corporate bonds		3,985		-		3,985		-
Total	$	97,860	$	-	$	97,860	$	-

	June 30, 2013
Description		Total		Level 1		Level 2		Level 3
U.S government agencies	$	6,002	$	-	$	6,002	$	-
Mortgage-backed securities of U.S. government agencies and government sponsored enterprises		18,748		-		18,748		-
Total	$	24,750	$	-	$	24,750	$	-

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

	Three Months Ended September 30, 2013
Description		Total		Level 1		Level 2		Level 3
Impaired loans	$	629	$	-	$	-	$	629
REO		2,353		-		-		2,353
Total	$	2,982	$	-	$	-	$	2,982

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

Quantitative information about Level 3 fair value measurements during the period ended September 30, 2013 is shown in the table below:

	Fair Value at
	September 30,	Valuation	Unobservable		Weighted
	2013	Techniques	Input	Range	Average
Nonrecurring measurements:
Impaired loans, net	$629	Discounted appraisals	Collateral discounts	3% - 10%	5%
REO	$2,353	Discounted appraisals	Collateral discounts	6% - 20%	14%

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

	September 30, 2013
		Carrying		Fair
		Value		Value		Level 1		Level 2		Level 3
Cash and interest-bearing deposits	$	92,918	$	92,918	$	92,918	$	-	$	-
Certificates of deposit in other banks		145,606		145,606		-		145,606		-
Securities available for sale		97,860		97,860		-		97,860		-
Loans, net		1,167,504		1,105,618		-		-		1,105,618
Loans held for sale		6,106		6,204		-		-		6,204
Federal Home Loan Bank stock		2,089		2,089		2,089		-		-
Accrued interest receivable		5,824		5,824		-		380		5,444
Noninterest-bearing and NOW deposits		293,048		293,048		-		293,048		-
Money market accounts		305,390		305,390		-		305,390		-
Savings accounts		83,799		83,799		-		83,799		-
Certificates of deposit		561,251		566,180		-		566,180		-
Other borrowings		2,227		2,252		-		2,252		-
Accrued interest payable		255		255		-		255		-

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

The Company had off-balance sheet financial commitments, which include approximately $206,354 and $205,771 of commitments to originate loans, undisbursed portions of interim construction loans, and unused lines of credit at September 30, 2013 and June 30, 2013 (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, 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.

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

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

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

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

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

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

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

- Definition

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

+ References + Details

Summary of Significant Accounting Policies: Organization and Description of Business Policy (Policies)	3 Months Ended
	Sep. 30, 2013
Policies
Organization and Description of Business Policy	Organization and Description of Business – HomeTrust was incorporated in Maryland on December 27, 2011 and became the holding company for the Bank on July 10, 2012 upon the completion of the Bank’s conversion from the mutual to stock form of organization (the “Conversion”). In connection with the Conversion, HomeTrust issued an aggregate of 21,160,000 shares of common stock at an offering price of $10.00 per share for gross proceeds of $211.6 million. HomeTrust received $208.2 million in net proceeds from the stock offering of which $104.1 million or 50% of the net proceeds were contributed to the Bank upon Conversion. Included in the issuance of shares was 1,058,000 shares to a newly formed “ESOP” for which HomeTrust loaned the ESOP $10,580,000 to purchase the shares. The Bank is a federally chartered savings bank headquartered in Asheville, North Carolina with 21 retail offices located in western and central North Carolina and Greenville, South Carolina. The business of the Bank is conducted through its seven operating divisions – HomeTrust Bank, Cherryville Federal Bank, Home Savings Bank of Eden, Industrial Federal Bank of Lexington, Shelby Savings Bank, Tryon Federal Bank, and Rutherford County Bank. All divisions operate under a single set of corporate policies and procedures and are recognized as a single banking segment for financial reporting purposes.

2. Business Combinations: Business Combinations Policy (Policies)

3 Months Ended

Sep. 30, 2013

Policies

Business Combinations Policy

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

3 Months Ended

Sep. 30, 2013

Policies

Securities Available for Sale Pledged as Collateral Policy

The Company had no sales of securities during the three months ended September 30, 2013 or 2012.

3. Securities Available For Sale: Securities with Unrealized Losses Policy (Policies)	3 Months Ended
	Sep. 30, 2013
Policies
Securities with Unrealized Losses Policy	The total number of securities with unrealized losses at September 30, 2013, and June 30, 2013 were 58 and 26, respectively. Unrealized losses on securities have not been recognized in income because management has the intent and ability to hold the securities for the foreseeable future, and has determined that it is not more likely than not that the Company will be required to sell the securities prior to a recovery in value. The decline in fair value was largely due to increases in market interest rates. The Company had no other than temporary impairment losses during the three months ended September 30, 2013 or the year ended June 30, 2013. The Bank, as a member of the FHLB, is required to maintain an investment in FHLB capital stock. No ready market exists for the FHLB stock and the carrying value approximates its fair value based on the redemption provisions of the FHLB.

4. Loans: Impaired Financing Receivable, Policy (Policies)	3 Months Ended
	Sep. 30, 2013
Policies
Impaired Financing Receivable, Policy	The table above includes $15,157 and $16,613, of impaired loans that were not individually evaluated at September 30, 2013 and June 30, 2013, respectively, because these loans did not meet the Company’s threshold for individual impairment evaluation. The recorded allowance above includes $332 and $216 related to these loans that were not individually evaluated at September 30, 2013 and June 30, 2013, respectively.

5. Employee Stock Ownership Plan: Share-based Compensation, Option and Incentive Plans Policy (Policies)	3 Months Ended
	Sep. 30, 2013
Policies
Share-based Compensation, Option and Incentive Plans Policy	Compensation expense related to the ESOP for the three months ended September 30, 2013 and 2012 was $217 and $165, respectively.

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

3 Months Ended

Sep. 30, 2013

Policies

Equity Incentive Plan Policy

7. Equity Incentive Plan: Unrecognized Compensation Expenses for Stock Options Policy (Policies)	3 Months Ended
	Sep. 30, 2013
Policies
Unrecognized Compensation Expenses for Stock Options Policy	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 is expected to be recognized was 4.5 years at September 30, 2013. No awards 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, 2013
Policies
Unrecognized Compensation Expenses for Restricted Stock Policy	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, 2013

Policies

Loan Commitments, Policy

8. Commitments and Contingencies: Restrictions on Cash Policy (Policies)	3 Months Ended
	Sep. 30, 2013
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, 2013 and June 30, 2013 was $1,866, and $1,284, 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, 2013
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, 2013 and June 30, 2013 were $66 and $66. There was no liability recorded for these letters of credit at September 30, 2013 or June 30, 2013.

9. Fair Value of Financial Instruments: Off-Balance-Sheet Credit Exposure, Policy (Policies)	3 Months Ended
	Sep. 30, 2013
Policies
Off-Balance-Sheet Credit Exposure, Policy	The Company had off-balance sheet financial commitments, which include approximately $206,354 and $205,771 of commitments to originate loans, undisbursed portions of interim construction loans, and unused lines of credit at September 30, 2013 and June 30, 2013 (see Note 8). Since these commitments are based on current rates, the carrying amount approximates the fair value.

2. Business Combinations: Schedule of Business Acquisitions by Acquisition, Contingent Consideration (Tables)

3 Months Ended

Sep. 30, 2013

2. Business Combinations: Schedule of Business Acquisition Revenue and Income (Details) - BankGreenville - USD ($) $ in Thousands	3 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Business Acquisition Actual Revenue	$ 15,568	$ 15,862
Business Acquisition, Pro Forma Revenue	15,735
Business Acquisition Actual Net Income (Loss)	3,417	$ 1,152
Business Acquisition, Pro Forma Net Income (Loss)	$ 3,101

2. Business Combinations: Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period (Details) - BankGreenville $ in Thousands	Sep. 30, 2013 USD ($)
Total loans
Business Acquisition Performing Loans Purchased	$ 38,223
Business Acquisition Impaired Loans Purchased	9,607
Business Acquisition Performing and Impaired Loans Purchased	47,830
Retail consumer loans \| One to four family loans
Business Acquisition Performing Loans Purchased	8,274
Business Acquisition Impaired Loans Purchased	1,392
Business Acquisition Performing and Impaired Loans Purchased	9,666
Retail consumer loans \| Home Equity Line of Credit
Business Acquisition Performing Loans Purchased	3,987
Business Acquisition Impaired Loans Purchased	134
Business Acquisition Performing and Impaired Loans Purchased	4,121
Retail consumer loans \| Consumer Loan
Business Acquisition Performing Loans Purchased	522
Business Acquisition Performing and Impaired Loans Purchased	522
Commercial Loan \| Commercial Real Estate
Business Acquisition Performing Loans Purchased	23,073
Business Acquisition Impaired Loans Purchased	4,552
Business Acquisition Performing and Impaired Loans Purchased	27,625
Commercial Loan \| Construction and development loans
Business Acquisition Performing Loans Purchased	2,367
Business Acquisition Impaired Loans Purchased	3,529
Business Acquisition Performing and Impaired Loans Purchased	$ 5,896

2. Business Combinations: Schedule of Purchased Performing and Impaired Loans Receivable (Details) - BankGreenville - USD ($) $ in Thousands	Sep. 30, 2013	Jul. 31, 2013
Contractually required principal payments receivable
Business Acquisition Performing Loans Purchased	$ 37,237	$ 41,077
Fair value adjustment for credit, interest rate, and liquidity
Business Acquisition Performing Loans Purchased	2,640	2,854
Fair value of purchased impaired loans
Business Acquisition Performing Loans Purchased	34,597	38,223
Contractually required principal and interest payments receivable
Business Acquisition Impaired Loans Purchased	12,666	12,817
Amounts not expected to be collected -- nonaccretable difference
Business Acquisition Impaired Loans Purchased	1,375	1,375
Estimated payments expected to be received
Business Acquisition Impaired Loans Purchased	11,291	11,442
Accretable yield
Business Acquisition Impaired Loans Purchased	1,735	1,835
Fair value of purchased loans receivable
Business Acquisition Impaired Loans Purchased	$ 9,556	$ 9,607

3. Securities Available For Sale: Available for Sale Securities Table (Details) - USD ($) $ in Thousands	Sep. 30, 2013	Jun. 30, 2013
Securities available for sale, at fair value	$ 97,860	$ 24,750
US Government Agencies
Available-for-sale Securities, Amortized Cost Basis	27,338	6,000
Securities Available for Sale, Gross Unrealized Gains	21	2
Securities Available for Sale, Gross Unrealized Losses	(18)
Securities available for sale, at fair value	27,341	6,002
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises
Available-for-sale Securities, Amortized Cost Basis	57,544	18,794
Securities Available for Sale, Gross Unrealized Gains	216	81
Securities Available for Sale, Gross Unrealized Losses	(307)	(127)
Securities available for sale, at fair value	57,453	18,748
Taxable Municipal Bonds
Available-for-sale Securities, Amortized Cost Basis	9,132
Securities Available for Sale, Gross Unrealized Gains	29
Securities Available for Sale, Gross Unrealized Losses	(80)
Securities available for sale, at fair value	9,081
Corporate Bond Securities
Available-for-sale Securities, Amortized Cost Basis	3,992
Securities Available for Sale, Gross Unrealized Gains	6
Securities Available for Sale, Gross Unrealized Losses	(13)
Securities available for sale, at fair value	3,985
Total available for sale securities
Available-for-sale Securities, Amortized Cost Basis	98,006	24,794
Securities Available for Sale, Gross Unrealized Gains	272	83
Securities Available for Sale, Gross Unrealized Losses	(418)	(127)
Securities available for sale, at fair value	$ 97,860	$ 24,750

3. Securities Available For Sale: Schedule of Investments Classified by Contractual Maturity Date (Details) $ in Thousands	Sep. 30, 2013 USD ($)
Available for Sale Securities Debt Maturities Within One Year Amortized Cost	$ 6,000
Available for Sale Securities Debt Maturities Within One Year Fair Value	6,005
Available-for-sale Securities, Debt Maturities, Year Two Through Five, Amortized Cost Basis	21,165
Available-for-sale Securities, Debt Maturities, Year Two Through Five, Fair Value	21,178
Available-for-sale Securities, Debt Maturities, Year Six Through Ten, Amortized Cost Basis	7,893
Available-for-sale Securities, Debt Maturities, Year Six Through Ten, Fair Value	7,879
Available-for-sale Securities, Debt Maturities, after Ten Years, Amortized Cost Basis	5,404
Available-for-sale Securities, Debt Maturities, after Ten Years, Fair Value	5,345
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis	98,006
Available-for-sale Securities, Debt Securities	97,860
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises
Available-for-sale Securities, Debt Maturities, Amortized Cost Basis	57,544
Available-for-sale Securities, Debt Securities	$ 57,453

3. Securities Available For Sale: Securities Available for Sale Pledged as Collateral Policy (Details) - USD ($) $ in Thousands	Sep. 30, 2013	Jun. 30, 2013
Details
Available-for-sale Securities Pledged as Collateral	$ 44,100	$ 21,429
Securities Available for Sale Pledged as Collateral Market Value	$ 44,298	$ 21,500

4. Loans: Schedule of Accounts, Notes, Loans and Financing Receivable (Details) - USD ($) $ in Thousands	Sep. 30, 2013	Jun. 30, 2013
Loans Receivable Gross	$ 1,197,999	$ 1,165,530
Loans and Leases Receivable, Deferred Income	(1,295)	(1,347)
Loans receivable net of deferred loan fees and discount	1,196,704	1,164,183
Allowance for loan losses	(29,200)	(32,073)
Net loans	1,167,504	1,132,110
Retail consumer loans
One to four family real estate	599,485	602,050
Loans and Leases Receivable, Gross, Consumer, Home Equity	128,979	125,676
Construction and land/lots	52,202	51,546
Loans and Leases Receivable, Gross, Consumer	4,058	3,349
Total retail consumer loans	784,724	782,621
Commercial Loan
Loans Receivable, Gross, Commercial, Mortgage	247,258	231,086
Loans Receivable Construction and Development	32,754	23,994
Loans Receivable, Gross, Commercial and Industrial	18,337	11,452
Loans Receivable Municipal Leases	114,926	116,377
Total commercial loans	$ 413,275	$ 382,909

4. Loans: Schedule of Past Due Financing Receivables (Details) - USD ($) $ in Thousands	Sep. 30, 2013	Jun. 30, 2013
Total loans
Financing receivable Recorded Investment 30 to 89 Days Past Due	$ 11,376	$ 11,725
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	27,566	23,624
Financing Receivable, Recorded Investment, Past Due	38,942	35,349
Financing Receivable, Recorded Investment, Current	1,159,057	1,130,181
Total loans receivable	1,197,999	1,165,530
Retail consumer loans \| One to four family loans
Financing receivable Recorded Investment 30 to 89 Days Past Due	6,662	7,031
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	11,434	8,827
Financing Receivable, Recorded Investment, Past Due	18,096	15,858
Financing Receivable, Recorded Investment, Current	581,389	586,192
Total loans receivable	599,485	602,050
Retail consumer loans \| Home Equity Line of Credit
Financing receivable Recorded Investment 30 to 89 Days Past Due	348	450
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	1,602	1,656
Financing Receivable, Recorded Investment, Past Due	1,950	2,106
Financing Receivable, Recorded Investment, Current	127,029	123,570
Total loans receivable	128,979	125,676
Retail consumer loans \| Construction and land/lots loans
Financing receivable Recorded Investment 30 to 89 Days Past Due	467	242
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	348	429
Financing Receivable, Recorded Investment, Past Due	815	671
Financing Receivable, Recorded Investment, Current	51,387	50,875
Total loans receivable	52,202	51,546
Retail consumer loans \| Consumer Loan
Financing receivable Recorded Investment 30 to 89 Days Past Due	4	4
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	38	35
Financing Receivable, Recorded Investment, Past Due	42	39
Financing Receivable, Recorded Investment, Current	4,016	3,310
Total loans receivable	4,058	3,349
Commercial Loan \| Commercial Real Estate
Financing receivable Recorded Investment 30 to 89 Days Past Due	3,032	3,805
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	9,199	7,085
Financing Receivable, Recorded Investment, Past Due	12,231	10,890
Financing Receivable, Recorded Investment, Current	235,027	220,196
Total loans receivable	247,258	231,086
Commercial Loan \| Construction and development loans
Financing receivable Recorded Investment 30 to 89 Days Past Due	308
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	4,867	5,420
Financing Receivable, Recorded Investment, Past Due	5,175	5,420
Financing Receivable, Recorded Investment, Current	27,579	18,574
Total loans receivable	32,754	23,994
Commercial Loan \| Commercial and industrial loans
Financing receivable Recorded Investment 30 to 89 Days Past Due	88	193
Financing Receivable, Recorded Investment, Equal to Greater than 90 Days Past Due	78	172
Financing Receivable, Recorded Investment, Past Due	166	365
Financing Receivable, Recorded Investment, Current	18,171	11,087
Total loans receivable	18,337	11,452
Commercial Loan \| Municipal leases
Financing receivable Recorded Investment 30 to 89 Days Past Due	467
Financing Receivable, Recorded Investment, Past Due	467
Financing Receivable, Recorded Investment, Current	114,459	116,377
Total loans receivable	$ 114,926	$ 116,377

4. Loans: Schedule of Past Due Loans Still Accruing and Nonaccruing Interest (Details) - Past Due Financing Receivables - USD ($) $ in Thousands	Sep. 30, 2013	Jun. 30, 2013
Total loans
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 67,740	$ 68,561
Retail consumer loans \| One to four family loans
Financing Receivable, Recorded Investment, Nonaccrual Status	30,057	29,811
Retail consumer loans \| Home Equity Line of Credit
Financing Receivable, Recorded Investment, Nonaccrual Status	4,092	3,793
Retail consumer loans \| Construction and land/lots loans
Financing Receivable, Recorded Investment, Nonaccrual Status	1,986	2,172
Retail consumer loans \| Consumer Loan
Financing Receivable, Recorded Investment, Nonaccrual Status	39	42
Commercial Loan \| Commercial Real Estate
Financing Receivable, Recorded Investment, Nonaccrual Status	21,143	21,149
Commercial Loan \| Construction and development loans
Financing Receivable, Recorded Investment, Nonaccrual Status	9,214	10,172
Commercial Loan \| Commercial and industrial loans
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 1,209	$ 1,422

4. Loans: Schedule of Troubled Debt Restructurings Performing and Excluded from Nonaccruing Loans (Details) - USD ($) $ in Thousands	Sep. 30, 2013	Jun. 30, 2013
Performing Financing Receivable
Performing restructured loans included in impaired loans	$ 17,772	$ 14,012

4. Loans: Schedule of Ending Balances of Loans and the Related Allowance by Segment and Class (Details) - USD ($) $ in Thousands	Sep. 30, 2013	Jun. 30, 2013
Allowance for loan losses	$ (29,200)	$ (32,073)
Loans Receivable Gross	1,197,999	1,165,530
Allowance for Loan Losses \| Total loans
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	1,972	1,895
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	27,228	30,178
Allowance for loan losses	29,200	32,073
Financing Receivable, Individually Evaluated for Impairment	73,537	72,955
Financing Receivable, Collectively Evaluated for Impairment	1,124,462	1,092,575
Loans Receivable Gross	1,197,999	1,165,530
Allowance for Loan Losses \| Retail consumer loans \| One to four family loans
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	1,129	1,028
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	12,278	14,070
Allowance for loan losses	13,407	15,098
Financing Receivable, Individually Evaluated for Impairment	34,979	35,255
Financing Receivable, Collectively Evaluated for Impairment	564,506	566,795
Loans Receivable Gross	599,485	602,050
Allowance for Loan Losses \| Retail consumer loans \| Home Equity Line of Credit
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	323	479
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	3,114	3,348
Allowance for loan losses	3,437	3,827
Financing Receivable, Individually Evaluated for Impairment	3,798	4,322
Financing Receivable, Collectively Evaluated for Impairment	125,181	121,354
Loans Receivable Gross	128,979	125,676
Allowance for Loan Losses \| Retail consumer loans \| Construction and land/lots loans
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	40	19
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	2,707	2,871
Allowance for loan losses	2,747	2,890
Financing Receivable, Individually Evaluated for Impairment	1,873	1,844
Financing Receivable, Collectively Evaluated for Impairment	50,329	49,702
Loans Receivable Gross	52,202	51,546
Allowance for Loan Losses \| Retail consumer loans \| Consumer Loan
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	1	3
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	139	135
Allowance for loan losses	140	138
Financing Receivable, Individually Evaluated for Impairment	2	3
Financing Receivable, Collectively Evaluated for Impairment	4,056	3,346
Loans Receivable Gross	4,058	3,349
Allowance for Loan Losses \| Commercial Loan \| Commercial Real Estate
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	59	110
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	5,942	6,473
Allowance for loan losses	6,001	6,583
Financing Receivable, Individually Evaluated for Impairment	22,227	19,446
Financing Receivable, Collectively Evaluated for Impairment	225,031	211,640
Loans Receivable Gross	247,258	231,086
Allowance for Loan Losses \| Commercial Loan \| Construction and development loans
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	392	255
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	1,928	2,144
Allowance for loan losses	2,320	2,399
Financing Receivable, Individually Evaluated for Impairment	8,489	9,780
Financing Receivable, Collectively Evaluated for Impairment	24,265	14,214
Loans Receivable Gross	32,754	23,994
Allowance for Loan Losses \| Commercial Loan \| Commercial and industrial loans
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	28	1
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	151	155
Allowance for loan losses	179	156
Financing Receivable, Individually Evaluated for Impairment	2,169	2,305
Financing Receivable, Collectively Evaluated for Impairment	16,168	9,147
Loans Receivable Gross	18,337	11,452
Allowance for Loan Losses \| Commercial Loan \| Municipal leases
Financing Receivable, Allowance for Credit Losses, Collectively Evaluated for Impairment	969	982
Allowance for loan losses	969	982
Financing Receivable, Collectively Evaluated for Impairment	114,926	116,377
Loans Receivable Gross	$ 114,926	$ 116,377

4. Loans: Schedule of Impaired Loans and Related Allowance by Segment and Class (Details) - USD ($) $ in Thousands	Sep. 30, 2013	Jun. 30, 2013	Jun. 30, 2012
Retail consumer loans \| One to four family loans
Impaired Financing Receivable, Unpaid Principal Balance	$ 39,701		$ 49,176
Retail consumer loans \| Home Equity Line of Credit
Impaired Financing Receivable, Unpaid Principal Balance	7,170		9,405
Retail consumer loans \| Construction and land/lots loans
Impaired Financing Receivable, Unpaid Principal Balance	4,748		4,617
Retail consumer loans \| Consumer Loan
Impaired Financing Receivable, Unpaid Principal Balance	143		184
Commercial Loan \| Commercial Real Estate
Impaired Financing Receivable, Unpaid Principal Balance	26,617		28,136
Commercial Loan \| Construction and development loans
Impaired Financing Receivable, Unpaid Principal Balance	14,695		17,986
Commercial Loan \| Commercial and industrial loans
Impaired Financing Receivable, Unpaid Principal Balance	3,089		3,801
Total Impaired Loans
Impaired Financing Receivable, Unpaid Principal Balance	96,163		$ 113,305
Impaired Financing Receivable, with Related Allowance, Recorded Investment	24,402	$ 19,603
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	64,463	70,136
Impaired Financing Receivable, Recorded Investment	88,865	89,739
Impaired Financing Receivable, Related Allowance	2,304	2,111
Total Impaired Loans \| Retail consumer loans \| One to four family loans
Impaired Financing Receivable, with Related Allowance, Recorded Investment	14,952	14,194
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	28,749	30,219
Impaired Financing Receivable, Recorded Investment	43,701	44,413
Impaired Financing Receivable, Related Allowance	1,272	1,176
Total Impaired Loans \| Retail consumer loans \| Home Equity Line of Credit
Impaired Financing Receivable, with Related Allowance, Recorded Investment	2,948	3,303
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	2,649	2,651
Impaired Financing Receivable, Recorded Investment	5,597	5,954
Impaired Financing Receivable, Related Allowance	361	518
Total Impaired Loans \| Retail consumer loans \| Construction and land/lots loans
Impaired Financing Receivable, with Related Allowance, Recorded Investment	410	551
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	1,738	1,649
Impaired Financing Receivable, Recorded Investment	2,148	2,200
Impaired Financing Receivable, Related Allowance	53	38
Total Impaired Loans \| Retail consumer loans \| Consumer Loan
Impaired Financing Receivable, with Related Allowance, Recorded Investment	38	39
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	1	3
Impaired Financing Receivable, Recorded Investment	39	42
Impaired Financing Receivable, Related Allowance	4	4
Total Impaired Loans \| Commercial Loan \| Commercial Real Estate
Impaired Financing Receivable, with Related Allowance, Recorded Investment	4,104	998
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	21,561	22,716
Impaired Financing Receivable, Recorded Investment	25,665	23,714
Impaired Financing Receivable, Related Allowance	145	119
Total Impaired Loans \| Commercial Loan \| Construction and development loans
Impaired Financing Receivable, with Related Allowance, Recorded Investment	1,568	518
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	7,595	10,034
Impaired Financing Receivable, Recorded Investment	9,163	10,552
Impaired Financing Receivable, Related Allowance	464	256
Total Impaired Loans \| Commercial Loan \| Commercial and industrial loans
Impaired Financing Receivable, with Related Allowance, Recorded Investment	382
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	2,170	2,864
Impaired Financing Receivable, Recorded Investment	2,552	$ 2,864
Impaired Financing Receivable, Related Allowance	$ 5

4. Loans: Impaired Financing Receivable, Policy (Details) - USD ($) $ in Thousands	Sep. 30, 2013	Jun. 30, 2013
Details
Impaired Loans Not Individually Evaluated	$ 15,157	$ 16,613
Recorded Allowance of Impaired Loans Not Individually Evaluated	$ 332	$ 216

4. Loans: Schedule of Debtor Troubled Debt Restructuring, Current Period (Details) $ in Thousands	3 Months Ended
	Sep. 30, 2013 USD ($)	Sep. 30, 2012 USD ($)
Troubled Debt Restructurings \| Total below market interest rate
Troubled debt restructuring number of loans	1	3
Troubled Debt Restructuring Pre-Modification Outstanding Recorded Investment	$ 18	$ 407
Troubled Debt Restructuring Post-Modification Outstanding Recorded Investment	$ 17	$ 406
Troubled Debt Restructurings \| Total other troubled debt restructured loans
Troubled debt restructuring number of loans	4
Troubled Debt Restructuring Pre-Modification Outstanding Recorded Investment	$ 707
Troubled Debt Restructuring Post-Modification Outstanding Recorded Investment	$ 711
Troubled Debt Restructurings \| Total troubled debt restructured loans
Troubled debt restructuring number of loans	5	3
Troubled Debt Restructuring Pre-Modification Outstanding Recorded Investment	$ 725	$ 407
Troubled Debt Restructuring Post-Modification Outstanding Recorded Investment	$ 728	$ 406
Below market interest rate \| Retail consumer loans \| One to four family loans
Troubled debt restructuring number of loans	1	2
Troubled Debt Restructuring Pre-Modification Outstanding Recorded Investment	$ 18	$ 171
Troubled Debt Restructuring Post-Modification Outstanding Recorded Investment	$ 17	$ 170
Below market interest rate \| Commercial Loan \| Commercial Real Estate
Troubled debt restructuring number of loans		1
Troubled Debt Restructuring Pre-Modification Outstanding Recorded Investment		$ 236
Troubled Debt Restructuring Post-Modification Outstanding Recorded Investment		$ 236
Other Troubled Debt Restructurings \| Retail consumer loans \| One to four family loans
Troubled debt restructuring number of loans	3
Troubled Debt Restructuring Pre-Modification Outstanding Recorded Investment	$ 572
Troubled Debt Restructuring Post-Modification Outstanding Recorded Investment	$ 576
Other Troubled Debt Restructurings \| Retail consumer loans \| Construction and land/lots loans
Troubled debt restructuring number of loans	1
Troubled Debt Restructuring Pre-Modification Outstanding Recorded Investment	$ 135
Troubled Debt Restructuring Post-Modification Outstanding Recorded Investment	$ 135

4. Loans: Schedule of Troubled Debt Restructurings With Payment Default (Details) $ in Thousands	3 Months Ended
	Sep. 30, 2013 USD ($)	Sep. 30, 2012 USD ($)
Troubled Debt Restructurings With Payment Default \| Total troubled debt restructured loans subsequent default
Troubled Debt Restructuring Subsequent Default Number of Loans	15	5
Troubled Debt Restructuring Subsequent Default Recorded Investment	$ 2,133	$ 1,943
Below market interest rate \| Total below market interest rate
Troubled Debt Restructuring Subsequent Default Number of Loans		2
Troubled Debt Restructuring Subsequent Default Recorded Investment		$ 1,590
Below market interest rate \| Retail consumer loans \| One to four family loans
Troubled Debt Restructuring Subsequent Default Number of Loans		2
Troubled Debt Restructuring Subsequent Default Recorded Investment		$ 1,590
Extended payment terms \| Total extended payment terms
Troubled Debt Restructuring Subsequent Default Number of Loans	3	2
Troubled Debt Restructuring Subsequent Default Recorded Investment	$ 46	$ 106
Extended payment terms \| Retail consumer loans \| One to four family loans
Troubled Debt Restructuring Subsequent Default Number of Loans	1	2
Troubled Debt Restructuring Subsequent Default Recorded Investment	$ 10	$ 106
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
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
Other Troubled Debt Restructurings \| Total other troubled debt restructured loans
Troubled Debt Restructuring Subsequent Default Number of Loans	12	1
Troubled Debt Restructuring Subsequent Default Recorded Investment	$ 2,087	$ 247
Other Troubled Debt Restructurings \| Retail consumer loans \| One to four family loans
Troubled Debt Restructuring Subsequent Default Number of Loans	7
Troubled Debt Restructuring Subsequent Default Recorded Investment	$ 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
Other Troubled Debt Restructurings \| Commercial Loan \| Commercial Real Estate
Troubled Debt Restructuring Subsequent Default Number of Loans	3	1
Troubled Debt Restructuring Subsequent Default Recorded Investment	$ 381	$ 247

5. Employee Stock Ownership Plan: Schedule of Shares Held by the Employee Stock Ownership Plan ESOP (Details) $ in Thousands	Sep. 30, 2013 USD ($) shares
Details
Employee Stock Ownership Plan (ESOP), Number of Suspense Shares	991,875
Employee Stock Ownership Plan (ESOP), Number of Allocated Shares	52,900
Employee Stock Ownership Plan (ESOP), Number of Committed-to-be-Released Shares	13,225
Employee Stock Ownership Plan (ESOP), Shares in ESOP	1,058,000
Employee Stock Ownership Plan (ESOP), Deferred Shares, Fair Value \| $	$ 16,366

7. Equity Incentive Plan: Equity Incentive Plan Stock Option Activity (Details) - Outstanding Stock Options $ / shares in Units, $ in Thousands	3 Months Ended
	Sep. 30, 2013 USD ($) $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross \| shares	1,557,000
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	9.6
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value \| $	$ 4,033
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross \| shares	1,557,000
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice \| $ / shares	$ 14.37
Share-based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term	9.6
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value \| $	$ 4,033
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodGross \| shares	1,557,000
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice \| $ / shares	$ 14.37
Share-based Compensation Shares Authorized Under Stock Option Plans Exercise Price Range Outstanding Options Weighted Average Remaining Contractual Term	9.3
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value \| $	$ 3,316

7. Equity Incentive Plan: Equity Incentive Plan Restricted Stock Award Activity (Details) - Nonvested Options $ / shares in Units, $ in Thousands	3 Months Ended
	Sep. 30, 2013 USD ($) $ / shares shares
Stock Issued During Period, Shares, Restricted Stock Award, Gross \| shares	511,300
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value \| $ / shares	$ 14.37
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value \| $	$ 8,672
StockIssuedDuringPeriodSharesRestrictedStockAwardGross \| shares	511,300
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue \| $ / shares	$ 14.37
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value \| $	$ 8,672
StockIssuedDuringPeriodSharesRestrictedStockAwardGross \| shares	511,300
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageGrantDateFairValue \| $ / shares	$ 14.37
Share-based Compensation Arrangement by Share-based Payment Award, Options, Vested and Expected to Vest, Outstanding, Aggregate Intrinsic Value \| $	$ 8,436

8. Commitments and Contingencies: Restrictions on Cash Policy (Details) - USD ($) $ in Thousands	Sep. 30, 2013	Jun. 30, 2013
Details
Cash Reserve Deposit Required and Made	$ 1,866	$ 1,284

9. Fair Value of Financial Instruments: Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2013	Jun. 30, 2013
Estimate of Fair Value, Fair Value Disclosure \| US Government Agencies
Assets, Fair Value Disclosure, Recurring	$ 27,341	$ 6,002
Estimate of Fair Value, Fair Value Disclosure \| Mortgage-backed Securities, Issued by US Government Sponsored Enterprises
Assets, Fair Value Disclosure, Recurring	57,453	18,748
Estimate of Fair Value, Fair Value Disclosure \| Taxable Municipal Bonds
Assets, Fair Value Disclosure, Recurring	9,081
Estimate of Fair Value, Fair Value Disclosure \| Corporate Bond Securities
Assets, Fair Value Disclosure, Recurring	3,985
Estimate of Fair Value, Fair Value Disclosure \| Total fair value assets recurring
Assets, Fair Value Disclosure, Recurring	97,860	24,750
Fair Value, Inputs, Level 2 \| US Government Agencies
Assets, Fair Value Disclosure, Recurring	27,341	6,002
Fair Value, Inputs, Level 2 \| Mortgage-backed Securities, Issued by US Government Sponsored Enterprises
Assets, Fair Value Disclosure, Recurring	57,453	18,748
Fair Value, Inputs, Level 2 \| Taxable Municipal Bonds
Assets, Fair Value Disclosure, Recurring	9,081
Fair Value, Inputs, Level 2 \| Corporate Bond Securities
Assets, Fair Value Disclosure, Recurring	3,985
Fair Value, Inputs, Level 2 \| Total fair value assets recurring
Assets, Fair Value Disclosure, Recurring	$ 97,860	$ 24,750

9. Fair Value of Financial Instruments: Schedule of Fair Value Measurements, Nonrecurring (Details) - USD ($) $ in Thousands	Sep. 30, 2013	Jun. 30, 2013	Jun. 30, 2012
Estimate of Fair Value, Fair Value Disclosure \| Impaired loans
Assets, Fair Value Disclosure, Nonrecurring	$ 629		$ 12,106
Estimate of Fair Value, Fair Value Disclosure \| Other real estate owned
Assets, Fair Value Disclosure, Nonrecurring	2,353	$ 2,403
Estimate of Fair Value, Fair Value Disclosure \| Total fair value nonrecurring
Assets, Fair Value Disclosure, Nonrecurring	2,982	14,509
Fair Value, Inputs, Level 3 \| Impaired loans
Assets, Fair Value Disclosure, Nonrecurring	629		$ 12,106
Fair Value, Inputs, Level 3 \| Other real estate owned
Assets, Fair Value Disclosure, Nonrecurring	2,353	2,403
Fair Value, Inputs, Level 3 \| Total fair value nonrecurring
Assets, Fair Value Disclosure, Nonrecurring	$ 2,982	$ 14,509

9. Fair Value of Financial Instruments: Schedule of Fair Value, by Balance Sheet Grouping (Details) - USD ($) $ in Thousands	Sep. 30, 2013	Jun. 30, 2013
Fair Value, Inputs, Level 1 \| Cash and interest-bearing deposits
Financial Instruments Owned	$ 92,918	$ 125,713
Fair Value, Inputs, Level 1 \| Federal Home Loan Bank stock
Financial Instruments Owned	2,089	1,854
Fair Value, Inputs, Level 2
Financial Instruments Owned		84
Fair Value, Inputs, Level 2 \| Certificates of deposit in other banks
Financial Instruments Owned	145,606	136,617
Fair Value, Inputs, Level 2 \| Securities available for sale
Financial Instruments Owned	97,860	24,750
Fair Value, Inputs, Level 2 \| Accrued interest receivable
Financial Instruments Owned	380	157
Fair Value, Inputs, Level 2 \| Noninterest-bearing and NOW deposits
Financial Instruments Owned	293,048	256,487
Fair Value, Inputs, Level 2 \| Money market accounts
Financial Instruments Owned	305,390	275,718
Fair Value, Inputs, Level 2 \| Savings accounts
Financial Instruments Owned	83,799	82,158
Fair Value, Inputs, Level 2 \| Certificates of deposit
Financial Instruments Owned	566,180	545,716
Fair Value, Inputs, Level 2 \| Other borrowings
Financial Instruments Owned	2,252
Fair Value, Inputs, Level 2 \| Accrued interest payable
Financial Instruments Owned	255
Fair Value, Inputs, Level 3 \| Loans, net
Financial Instruments Owned	1,105,618	1,064,954
Fair Value, Inputs, Level 3 \| Loans held for sale
Financial Instruments Owned	6,204	10,942
Fair Value, Inputs, Level 3 \| Accrued interest receivable
Financial Instruments Owned	5,444	5,392
Financial Instruments Owned Carrying Value
Financial Instruments Owned		84
Financial Instruments Owned Carrying Value \| Cash and interest-bearing deposits
Financial Instruments Owned	92,918	125,713
Financial Instruments Owned Carrying Value \| Certificates of deposit in other banks
Financial Instruments Owned	145,606	136,617
Financial Instruments Owned Carrying Value \| Securities available for sale
Financial Instruments Owned	97,860	24,750
Financial Instruments Owned Carrying Value \| Loans, net
Financial Instruments Owned	1,167,504	1,132,110
Financial Instruments Owned Carrying Value \| Loans held for sale
Financial Instruments Owned	6,106	10,770
Financial Instruments Owned Carrying Value \| Federal Home Loan Bank stock
Financial Instruments Owned	2,089	1,854
Financial Instruments Owned Carrying Value \| Accrued interest receivable
Financial Instruments Owned	5,824	5,549
Financial Instruments Owned Carrying Value \| Noninterest-bearing and NOW deposits
Financial Instruments Owned	293,048	256,487
Financial Instruments Owned Carrying Value \| Money market accounts
Financial Instruments Owned	305,390	275,718
Financial Instruments Owned Carrying Value \| Savings accounts
Financial Instruments Owned	83,799	82,158
Financial Instruments Owned Carrying Value \| Certificates of deposit
Financial Instruments Owned	561,251	540,387
Financial Instruments Owned Carrying Value \| Other borrowings
Financial Instruments Owned	2,227
Financial Instruments Owned Carrying Value \| Accrued interest payable
Financial Instruments Owned	255
Portion at Fair Value, Fair Value Disclosure
Financial Instruments Owned		84
Portion at Fair Value, Fair Value Disclosure \| Cash and interest-bearing deposits
Financial Instruments Owned	92,918	125,713
Portion at Fair Value, Fair Value Disclosure \| Certificates of deposit in other banks
Financial Instruments Owned	145,606	136,617
Portion at Fair Value, Fair Value Disclosure \| Securities available for sale
Financial Instruments Owned	97,860	24,750
Portion at Fair Value, Fair Value Disclosure \| Loans, net
Financial Instruments Owned	1,105,618	1,064,954
Portion at Fair Value, Fair Value Disclosure \| Loans held for sale
Financial Instruments Owned	6,204	10,942
Portion at Fair Value, Fair Value Disclosure \| Federal Home Loan Bank stock
Financial Instruments Owned	2,089	1,854
Portion at Fair Value, Fair Value Disclosure \| Accrued interest receivable
Financial Instruments Owned	5,824	5,549
Portion at Fair Value, Fair Value Disclosure \| Noninterest-bearing and NOW deposits
Financial Instruments Owned	293,048	256,487
Portion at Fair Value, Fair Value Disclosure \| Money market accounts
Financial Instruments Owned	305,390	275,718
Portion at Fair Value, Fair Value Disclosure \| Savings accounts
Financial Instruments Owned	83,799	82,158
Portion at Fair Value, Fair Value Disclosure \| Certificates of deposit
Financial Instruments Owned	566,180	$ 545,716
Portion at Fair Value, Fair Value Disclosure \| Other borrowings
Financial Instruments Owned	2,252
Portion at Fair Value, Fair Value Disclosure \| Accrued interest payable
Financial Instruments Owned	$ 255

9. Fair Value of Financial Instruments: Off-Balance-Sheet Credit Exposure, Policy (Details) - USD ($) $ in Thousands	Sep. 30, 2013	Jun. 30, 2013
Details
Fair Value Disclosure, Off-balance Sheet Risks, Amount, Liability	$ 206,354	$ 205,771

Label	Element	Value
Certain Loans Acquired in Transfer, Accretable Yield	us-gaap_CertainLoansAcquiredInTransferAccretableYield	$ 1,735,000
BankGreenville
Certain Loans Acquired in Transfer Accretable Yield Additions	fil_CertainLoansAcquiredInTransferAccretableYieldAdditions	1,835,000
Certain Loans Acquired in Transfer Accretable Yield Interest Income	fil_CertainLoansAcquiredInTransferAccretableYieldInterestIncome	$ (100,000)