Equity Incentive Plan (Tables)

12 Months Ended

Jun. 30, 2014

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Valuation Assumptions for Stock Options

The fair value of each option granted is estimated on the date of grant using the Black-Scholes option-pricing model with the following weighted average assumptions for options granted during the years ended June 30, 2014, 2013 and 2012:

	Years Ended June 30,
	2014			2013			2012
Fair value	$	4.45		$	3.34		$	3.44
Expected dividends	1.49		%	1.26		%	0.94		%
Expected term (years)	6.50			6.50			6.25
Expected volatility	26.45		%	27.97		%	27.97		%
Risk-free interest rate	2.84		%	1.75		%	2.19		%

Schedule of Stock Options Outstanding and Exercisable

A summary of options under the Plan for the year ended June 30, 2014 is presented below:

	Shares		Weighted Average Exercise Price per Share		Weighted Average Remaining Contractual Term (in Years)
Outstanding at June 30, 2013	555,183		$	11.02
Granted	10,000		16.49
Exercised	(126,500	)	10.86
Outstanding at June 30, 2014	438,683		$	11.20	4.4
Exercisable at June 30, 2014	393,183		$	10.95	3.9

Schedule of Nonvested Stock Awards

A summary of the status of the Company’s stock awards is presented below:

	Nonvested Shares
Balance at June 30, 2013	3,000
Granted	—
Vested	(600	)
Balance at June 30, 2014	2,400