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Earnings Per Common Share (Tables)
12 Months Ended
Jun. 30, 2015
Earnings Per Share (EPS)  
Schedule of number of shares outstanding for basic and diluted EPS

 

 

 

Year ended June 30,

 

 

 

2015

 

2014

 

 

 

(Dollars in thousands, except
share and per share data)

 

Net income from continuing operations

 

$

7,141 

 

$

2,692 

 

Preferred stock dividends and accretion

 

 

—

 

 

—

 

​

​

​  

​  

​

​  

​  

​

Net income from continuing operations available to common shareholders          

 

$

7,141 

 

$

2,692 

 

​

​

​  

​  

​

​  

​  

​

​

​

​  

​  

​

​  

​  

​

Weighted average shares used in calculation of basic earnings per share

 

 

9,980,733 

 

 

10,404,784 

 

Incremental shares from assumed exercise of dilutive securities

 

 

—

 

 

—

 

​

​

​  

​  

​

​  

​  

​

Weighted average shares used in calculation of diluted earnings per share          

 

 

9,980,733 

 

 

10,404,784 

 

​

​

​  

​  

​

​  

​  

​

​

​

​  

​  

​

​  

​  

​

Earnings per common share:

 

 

 

 

 

 

 

Income from continuing operations

 

$

0.72 

 

$

0.26 

 

Income from discontinued operations

 

 

0.00 

 

 

0.00 

 

​

​

​  

​  

​

​  

​  

​

Earnings per common share

 

$

0.72 

 

$

0.26 

 

​

​

​  

​  

​

​  

​  

​

​

​

​  

​  

​

​  

​  

​

Diluted earnings per common share:

 

 

 

 

 

 

 

Income from continuing operations

 

$

0.72 

 

$

0.26 

 

Income from discontinued operations

 

 

0.00 

 

 

0.00 

 

​

​

​  

​  

​

​  

​  

​

Diluted earnings per common share

 

$

0.72 

 

$

0.26 

 

​

​

​  

​  

​

​  

​  

​

​

​

​  

​  

​

​  

​  

​

 

Schedule of average anti-dilutive options and warrants

 

 

 

Year ended June 30,

 

 

 

2015

 

2014

 

Stock options

 

 

1,059,721 

 

 

1,149,131 

 

Warrants

 

 

—

 

 

—