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Stock Based Compensation (Tables)
12 Months Ended
Jun. 30, 2017
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of weighted average assumptions for option awards

 

   2017   2016 
Dividend yield   3.85%    3.99% 
Expected stock price volatility   29.70%    27.80% 
Risk-free interest rate   1.84%    1.20% 
Expected option life (in years)   4.6 yrs    4.2 yrs 
Weighted average fair value per share          
   of options granted during the period  $4.640   $3.866 
Schedule of stock option activity

 

   Employee Stock Options Plan
         Weighted   
   Number of  Weighted  Average   
   Shares  Average  Remaining  Aggregate
   Subject  Exercise  Contractual  Intrinsic
   to Option  Price  Term  Value
Balance at July 1, 2016   170,450   $23.84    5.73      
Granted   41,150   $26.25    9.43      
Exercised   (8,300)  $18.18          
Forfeited or expired   (5,500)  $24.11          
Outstanding at June 30, 2017   197,800   $24.57    5.86   $124,384 
Vested or expected to vest at June 30, 2017   191,230   $24.52    5.74   $124,384 
Exercisable at June 30, 2017   154,900   $24.13    4.89   $124,384 

 

Schedule of changes in non-vested stock options

 

   Weighted     
   Number of   Average 
   Shares   Grant Date 
   Subject   Fair Value 
   to Option   (per Option) 
Non-Vested at July 1, 2016   45,800   $4.564 
Granted   41,150    4.640 
Vested   (41,050)   4.609 
Forfeited or expired   (3,000)   4.681 
Non-Vested at June 30, 2017   42,900   $4.586