Note 10: Employee Benefits: Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions (Tables)

12 Months Ended

Jun. 30, 2015

Tables/Schedules

Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions

The following is a summary of the assumptions used in the Black-Scholes pricing model in determining the fair values of options granted during fiscal year 2015. (No options were granted in fiscal 2014 or 2013):

	2015	2014	2013
Assumptions:
Expected dividend yield	1.94%	-	-
Expected volatility	22.48%	-	-
Risk-free interest rate	2.46%	-	-
Weighted-average expected life (years)	10.00	-	-
Weighted average fair value of       options granted during the year	$ 4.29	-	-