Stock-Based Compensation (Tables)

12 Months Ended

Jun. 30, 2015

Stock-Based Compensation

Stock Option Activity

	Shares			Weighted Average Exercise Price
Outstanding at beginning of year		1,143,195		$	12.44
Granted		20,000			9.19
Exercised		—			—
Forfeited		(103,474	)		10.77
Outstanding at end of year		1,059,721			12.58
Exercisable		305,595			13.81

	Shares			Weighted Average Grant Date Fair Value
Exercisable, beginning of year		223,706		$	3.74
Vested		95,570			3.15
Exercised		—			—
Forfeited or expired		(13,681	)		3.85
Exercisable, end of year		305,595			3.55

Information about Stock Options Outstanding

Options Outstanding								Options Exercisable
(Dollars in thousands, except per share data)
Weighted Average Exercise Price		Number		Weighted Average Remaining Life		Aggregate Intrinsic Value		Weighted Average Exercise Price		Number		Weighted Average Remaining Life		Aggregate Intrinsic Value
	9.30		20,000		8.64 years		13		9.30		—		8.64 years		—
	9.38		295,176		7.59		168		9.38		13,224		7.59		8
	9.39		10,000		9.08		6		9.39		—		9.08		—
	12.63		32,500		6.58		—		12.63		10,833		6.58		—
	13.93		540,035		5.50		—		13.93		216,734		5.50		—
	14.52		162,010		5.50		—		14.52		64,804		5.50		—
	12.58		1,059,721		6.21		187		13.81		305,595		6.21		8

Summary of restricted stock activity

	Shares			Weighted Average Grant Date Fair Value
Unvested at beginning of period		55,814		$	9.33
Granted		174,000			9.35
Vested		(1,055	)		9.33
Forfeited		(16,749	)		9.39
Unvested at end of period		212,010			9.34

Estimated Amount and Timing of Future Pre-tax Stock-based Compensation Expense

	Year Ending June 30,
	2016		2017		2018		2019		2020		Total
	(Dollars in thousands)
Stock options	$	331	$	185	$	76	$	12	$	1	$	605
Restricted stock		400		400		363		312		84		1,559
	$	731	$	585	$	439	$	324	$	85	$	2,164

Black-Scholes option-pricing model

Share-based Compensation Arrangement by Share-based Payment Award

Schedule of a option-pricing model weighted-average assumptions

	Year Ended June 30,
	2015			2014
Assumptions:
Dividend yield		0.43	%		3.85	%
Expected life		7.0 years			7.0 years
Expected volatility		30.30	%		30.38	%
Risk-free interest rate		2.03	%		2.14	%
Weighted average fair value per option	$	3.11		$	1.95

Hull-White option pricing model

Share-based Compensation Arrangement by Share-based Payment Award

Schedule of a option-pricing model weighted-average assumptions

Assumptions:
Dividend yield	3.72%
Expected life	7.8 years
Expected volatility	28.45% - 32.84%
Risk-free interest rate	0.07% - 1.54%
Incremental weighted average fair value per option	$0.52