EARNINGS PER SHARE (Tables)

3 Months Ended

Sep. 30, 2015

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

ollowing is a reconciliation of the income available to common shareholders and common stock share amounts used in the calculation of basic and diluted EPS for the periods presented:

	Three Months Ended
	September 30,
	2015		2014
Net income	$	3,852	$	1,812
Basic EPS:
Weighted average number of common shares outstanding	7,054,451		7,055,440
Basic earnings per common share	$	0.55	$	0.26
Diluted EPS:
Weighted average number of common shares outstanding	7,054,451		7,055,440
Common share equivalents—Stock Options / Stock Appreciation Rights (SARs) under employee compensation plans/warrant	10,473		4,602
Weighted average number of common shares and common share equivalents	7,064,924		7,060,042
Diluted earnings per common share	$	0.55	$	0.26