Earnings Per Share

3 Months Ended

Dec. 31, 2011

Earnings Per Share [Abstract]

Earnings Per Share

Note 9:  Earnings Per Share

Basic and diluted net income per common share available to common stockholders are based upon the weighted-average shares outstanding.  The following table summarizes basic and diluted net income per common share available to common stockholders for the three- and six-month periods ended December 31, 2011 and 2010.

	Three months ended		Six months ended
	December 31,		December 31,
	2011	2010	2011	2010
Net income	$2,674,440	$5,576,154	$5,524,832	$6,878,746
Dividend payable on preferred stock	121,713	127,985	352,111	255,713
Net income available to common shareholders	$2,552,727	$5,448,169	$5,172,721	$6,623,033
Average Common shares – outstanding basic	2,595,073	2,084,102	2,345,498	2,084,104
Stock options under treasury stock method	91,454	42,194	88,800	42,100
Average Common shares – outstanding diluted	2,686,527	2,126,296	2,434,298	2,126,204
Basic earnings per common share	$0.98	$2.61	$2.21	$3.18
Diluted earnings per common share	$0.95	$2.56	$2.12	$3.11

At December 31, 2011 and 2010, no options outstanding had an exercise price exceeding the market price.