Stockholders' Equity

12 Months Ended

Jun. 30, 2012

Stockholders' Equity Attributable to Parent [Abstract]

Stockholders' Equity

Note 15. Stockholders' Equity

Reservation of Shares

The Company has reserved common shares for future issuance as follows as of June 30, 2012:

Stock options outstanding	187,050
Stock options available for issuance	252,150
Number of common shares reserved	439,200

The following table sets forth the reconciliation of the numerators and denominators of the basic and diluted per share computations for continuing operations for the years ended June 30:

	2012			2011
Numerator:
Net Income	$	4,390,268		$	3,857,537
Denominator:
Basic EPS:
Common shares outstanding, beginning of period		2,320,960			2,319,876
Unearned ESOP shares		(157,500	)		(179,166	)
Weighted average common shares issued during the period		4,149			9,550
Weighted average common shares purchased during the period		(2,861	)		(6,964	)
Weighted average ESOP shares earned during the period		7,841			8,147
Denominator for basic earnings per common shares –
Weighted average common shares		2,172,589			2,151,443
Diluted EPS:
Common shares outstanding, beginning of period		2,320,960			2,319,876
Unearned ESOP shares		(157,500	)		(179,166	)
Weighted average common shares issued during the period		4,149			9,550
Weighted average common shares purchased during the period		(2,861	)		(6,964	)
Weighted average ESOP shares earned during the period		7,841			8,147
Weighted average dilutive effect of issued or forfeited shares		30,471			24,856
Denominator for diluted earnings per common shares –
Weighted average common shares		2,203,060			2,176,299

There were no anti-dilutive options for the years ended June 30, 2012 and 2011.