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Statements of Cash Flows - USD ($)
3 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Cash Flows from Operating Activities:    
Net income $ 420,825 $ 878,530
Adjustments to reconcile net income to net cash provided by operating activities:    
Excess tax benefits from share-based compensation (15,021)
Stock-based compensation 23,333 30,466
Depreciation 108,131 110,199
ESOP compensation expense 108,709 113,094
Loss on disposal of assets 8
Deferred income tax expense 12,504 16,789
Changes in assets and liabilities:    
Decrease in trade receivable, net 1,066,287 2,575,057
Decrease in income taxes receivable 45,775
Decrease (increase) in inventories, net 396,501 (867,509)
Decrease (increase) in prepaid expenses and other current assets 17,321 (39,726)
Increase in accounts payable 323,651 97,343
Decrease in accrued salaries and wages (5,268) (45,188)
Increase (decrease) in vacation accrual (37,369) (38,930)
Decrease in ESOP payable (15,417) (19,792)
Decrease in other accrued expenses (58,990) (146,152)
(Decrease) increase in payroll and other taxes withheld (1,234) 1,267
Increase in income taxes payable 300,707
Net cash provided by operating activities 2,404,759 2,951,142
Cash Flows from Investing Activities:    
Additions to property, plant and equipment (155,730) (5,751)
Purchase of investment securities (4,391,056) (1,284,178)
Proceeds from sale/maturity of investment securities 1,256,350 448,900
Net cash used in investing activities (3,290,436) (841,029)
Cash Flows from Financing Activities:    
Dividends on common stock (575,754) (570,880)
Proceeds from exercise of stock options 13,888
Excess tax benefits from share-based compensation 15,021
Net cash used in financing activities (575,754) (541,971)
(Decrease) increase in cash and cash equivalents (1,461,431)  
Cash and cash equivalents, beginning of period 10,031,644 8,859,405
Cash and cash equivalents, end of period 8,570,213 10,427,547
Supplemental Schedule of Cash Flow Information:    
Income taxes paid 111,000 50,000
Supplemental Schedule of Non-cash Financing Activities:    
Accrual of dividends $ 590,872