Stock-Based Compensation (Tables)

12 Months Ended

Jun. 30, 2015

Stock-Based Compensation [Abstract]

Summary of Changes in Restricted Stock

A summary of the changes in restricted stock follows:

	Awarded Shares
	2015			2014
Balance - Beginning of Year		41,567			55,409
Granted		8,557			--
Forfeited		--			--
Earned and Issued		(13,842	)		(13,842	)
Balance - End of Year		36,282			41,567

Summary of Status of Option Plan

Following is a summary of the status of the Option Plan (as adjusted for the conversion) during the fiscal years ended June 30, 2015 and 2014:

						Weighted
				Weighted		Average
				Average		Remaining		Aggregate
	Number of			Exercise		Contract		Intrinsic
	Shares			Price		Term		Value
Outstanding at June 30, 2014		198,480		$	13.99
Granted		31,311			18.92
Exercised		(21,330	)		10.99
Forfeited		--			--
Outstanding at June 30, 2015		208,461			15.03		6.81	$	1,078,470
Options Exercisable at June 30, 2015		106,689		$	14.26		6.35	$	634,083
Outstanding at June 30, 2013		237,077		$	13.64
Granted		--			--
Exercised		(34,707	)		11.02
Forfeited		(3,890	)		14.70
Outstanding at June 30, 2014		198,480			13.99		6.87	$	1,242,576
Options Exercisable at June 30, 2014		90,627		$	13.49		6.08	$	547,385

Assumptions Used in Estimating Fair Value of Each Option Granted

The fair value has been adjusted for the exchange ratio as a result of the second-step conversion:

	2011 Option Plan
	July 31, 2014			January 31, 2012			2005 Option Plan
Dividend Yield		1.50	%		1.65	%		2.0	%
Expected Term	10 years			10 years			10 Years
Risk-Free Interest Rate		2.58	%		1.83	%		4.13	%
Expected Life	10 years			10 years			10 Years
Expected Volatility		9.56	%		29.74	%		8.59	%

Summary of Status of Nonvested Options

A summary of the status of the Company's nonvested options as of June 30, 2015, and changes during the year ended June 30, 2015, is as follows:

				Weighted
				Average
	Number of			Exercise
	Shares			Price
Nonvested at June 30, 2014		107,853		$	13.49
Granted		31,311			18.92
Vested		(37,392	)		14.29
Forfeited		--			--
Nonvested at June 30, 2015		101,772		$	15.84