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EARNINGS PER SHARE (Tables)
12 Months Ended
Jun. 30, 2015
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,
 
 
 
2015
 
2014
 
Basic:
 
 
 
 
 
 
 
Net income available to common shareholders
 
$
2,958
 
$
2,837
 
Weighted average common shares outstanding
 
 
2,726,304
 
 
2,701,614
 
Basic income per share
 
$
1.09
 
$
1.05
 
 
 
 
 
 
 
 
 
Diluted:
 
 
 
 
 
 
 
Net income available to common shareholders
 
$
2,958
 
$
2,837
 
Weighted average common shares outstanding
 
 
2,726,304
 
 
2,701,614
 
Dilutive effect of restricted stock
 
 
273
 
 
392
 
Total common shares and dilutive potential common shares
 
 
2,726,577
 
 
2,702,006
 
Dilutive income per share
 
$
1.08
 
$
1.05