STOCK BASED COMPENSATION (Tables)

12 Months Ended

Jun. 30, 2012

STOCK BASED COMPENSATION

Summary of stock option activity

	Options		Weighted- Average Exercise Price/Share		Weighted- Average Remaining Contractual Life (in years)		Aggregate Intrinsic Value(1)
Outstanding—July 1, 2011		—	$	—
Granted		233,286		11.58
Exercised		—		—
Forfeited		—		—
Outstanding—June 30, 2012		233,286	$	11.58		7.90	$	331,266
Fully vested and exercisable at June 30, 2012		—	$	—		—	$	—
Expected to vest in future periods		233,286
Fully vested and expected to vest—June 30, 2012		233,286	$	11.58		7.90	$	331,266

Schedule of weighted-average assumptions used in the Black-Scholes option pricing model

	June 30, 2012
Risk-free interest rate		1.54	%
Expected dividend yield		3.45	%
Expected stock volatility		15.3
Expected life (years)		8
Fair value	$	1.00

Summary of non-vested restricted stock activity

	2012
Balance—beginning of year		—
Granted		87,094
Forfeited		—
Earned and issued		(3,999	)
Balance—end of period		83,095