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Earnings per Share (Tables)
9 Months Ended
Mar. 31, 2015
Earnings per Share  
Schedule of reconciliation of the components used to compute basic earnings per share

 

 

 

(Restated)

 

(Restated)

 

 

 

For the three months ended

 

For the nine months ended

 

 

 

March 31,

 

March 31,

 

 

 

2015

 

2014

 

2015

 

2014

 

Weighted average common shares outstanding

 

3,087,784 

 

3,069,672 

 

3,080,962 

 

3,063,490 

 

Net income available to common stockholders

 

  $

615,127 

 

$

49,786 

 

$

1,117,054 

 

$

862,068 

 

Basic earnings per share

 

  $

0.20 

 

$

0.02 

 

$

0.36 

 

$

0.28 

 

 

Schedule of reconciliation of the components used to compute diluted earnings per share

 

 

 

(Restated)

 

(Restated)

 

 

 

For the three months ended

 

For the nine months ended

 

 

 

March 31,

 

March 31,

 

 

 

2015

 

2014

 

2015

 

2014

 

Weighted average common shares outstanding

 

3,087,784 

 

3,069,672 

 

3,080,962 

 

3,063,490 

 

Weighted average of net additional shares from restricted stock awards

 

41,094 

 

37,344 

 

39,971 

 

39,381 

 

 

 

 

 

 

 

 

 

 

 

Weighted average number of shares outstanding

 

3,128,878 

 

3,107,016 

 

3,120,933 

 

3,102,871 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Net income available to common stockholders

 

  $

615,127 

 

$

49,786 

 

$

1,117,054 

 

$

862,068 

 

Diluted earnings per share

 

  $

0.20 

 

$

0.02 

 

$

0.36 

 

$

0.28