EARNINGS PER SHARE (Tables)

12 Months Ended

Jun. 30, 2014

Earnings Per Share [Abstract]

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

The following table details the calculation of basic and diluted earnings per share:

	For the year Ended June 30,
	2014		2013
Basic:
Net income available to common shareholders	$	2,837	$	2,669
Weighted average common shares outstanding		2,701,614		2,063,666
Basic income per share	$	1.05	$	1.29
Diluted:
Net income available to common shareholders	$	2,837	$	2,669
Weighted average common shares outstanding		2,701,614		2,063,666
Dilutive effect of restricted stock		392		539
Total common shares and dilutive potential common shares		2,702,006		2,064,205
Dilutive income per share	$	1.05	$	1.29