STOCK-BASED COMPENSATION (Tables)

12 Months Ended

Jun. 30, 2017

STOCK-BASED COMPENSATION

Schedule of of restricted stock award activity

A summary of restricted stock award activity for the year ended June 30, 2017 is as follows:

	Number of Restricted Stock Awards Outstanding		Weighted Average Grant Date Fair Value
Total Non-vested Restricted Stock Awards at beginning of year	—	$	—
Granted	47,131		12.22
Vested	(18,740)		18.94
Forfeited	(1,974)		19.55
Total Non-vested Restricted Stock Awards at end of year	26,417	$	12.22

Schedule of stock option activity

A summary of option activity for the year ending June 30, 2017 is as follows:

				Weighted
		Weighted		Average
		Average		Remaining	Aggregate
		Exercise		Contractual	Intrinsic
	Shares	Price		Term (Yrs.)	Value
Outstanding at beginning of year	122,640	$	10.70	9.1	$	43
Granted	—	$	—	—	$	—
Exercised	(1,578)	$	10.70	8.1	$	—
Forfeited or expired	(4,734)	$	10.70	8.1	$	—
Outstanding at end of year	116,328	$	10.70	8.1	$	1,030
Fully vested and exercisable at end of year	—	$	—	—	$	—

A summary of option activity for the year ending June 30, 2016 is as follows:

				Weighted
		Weighted		Average
		Average		Remaining	Aggregate
		Exercise		Contractual	Intrinsic
	Shares	Price		Term (Yrs.)	Value
Outstanding at beginning of year	86,985	$	4.03	4.7	$	833
Granted	137,786	$	15.00	10.0	$	—
Exercised	(86,985)	$	4.03	—	$	—
Forfeited or expired	(15,146)	$	15.00	—	$	—
Outstanding at end of year	122,640	$	10.70	9.1	$	43
Fully vested and exercisable at end of year	—	$	—	—	$	—

Schedule of performance stock award activity

A summary of performance stock award activity for the year ending June 30, 2017 is as follows:

	Number of Performance Stock Units Outstanding		Weighted Average Grant Date Fair Value
Total Non-vested Performance Stock Units at beginning of year	—	$	—
Granted	42,587		11.85
Vested	—		—
Forfeited	(1,974)		11.85
Total Non-vested Performance Stock Units at end of year	40,613	$	11.85