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EARNINGS PER SHARE (Tables)
 6 Months Ended
Dec. 31, 2016
EARNINGS PER SHARE:  
Schedule of Basic and Diluted Earnings Per Share

The following table sets forth the computation of the weighted-average common shares used to calculate basic and diluted earnings per share.

 

     Three Months Ended     Six Months Ended  
     December 31,     December 31,  
             2016                     2015                     2016                     2015          

Weighted average common shares issued

      3,805,636        3,805,636        3,805,636        3,805,636   

Average treasury stock shares

      (1,797,492 )      (1,766,507 )      (1,793,768 )      (1,766,429 ) 

Average unallocated ESOP shares

      (127,058 )      (128,939 )      (133,245 )      (129,481 ) 
  

 

 

    

 

 

    

 

 

    

 

 

  

Weighted average common shares and common stock equivalents used to calculate basic earnings per share

      1,881,086        1,910,190        1,878,623        1,909,726   

Additional common stock equivalents (stock options) used to calculate diluted earnings per share

      -        -        -        -   
  

 

 

    

 

 

    

 

 

    

 

 

  

Weighted average common shares and common stock equivalents used to calculate diluted earnings per share

      1,881,086        1,910,190        1,878,623        1,909,726