STOCK-BASED COMPENSATION PLANS (Tables)

12 Months Ended

Jun. 30, 2015

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Schedule of Share-based Compensation, Stock Options, Activity [Table Text Block]

The following table summarizes the stock options activity from June 30, 2013 through June 30, 2015:

		Number of		Weighted Average		Weighted Average	Aggregate
		Shares		Exercise Price		Remaining Life	Intrinsic Value
Oustanding at	July 1, 2013		222,000	$	14.98	6.89 years	$	1,353,000
Granted			160,000		18.96
Exercised			(15,000)		11.75
Forfeited			-		-
Exchanged			-		-
Oustanding at	June 30, 2014		367,000	$	16.85	7.71 years	$	953,000
Exercisable at	June 30, 2014		92,000	$	11.30	5.10 years	$	717,000
Vested and Expected to vest at	June 30, 2014		367,000	$	16.85	7.71 years	$	953,000
Oustanding at	July 1, 2014		367,000	$	16.85	7.71 years	$	953,000
Granted			-		18.96
Exercised			(2,400)		18.00
Forfeited			(5,000)		24.92
Exchanged			(9,600)		18.00
Oustanding at	June 30, 2015		350,000	$	16.70	6.95 years	$	939,000
Exercisable at	June 30, 2015		126,639	$	12.06	6.46 years	$	939,000
Vested and Expected to vest at	June 30, 2015		350,000	$	16.70	6.95 years	$	939,000