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Note 7: Earnings Per Share: Schedule of Earnings Per Share, Basic and Diluted (Tables) | 3 Months Ended
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Sep. 30, 2012
Tables/Schedules |
Schedule of Earnings Per Share, Basic and Diluted |
| Three months ended
| September 30,
| 2012 | 2011
Net income | $2,590,254 | $2,850,392
Charge for early redemption of preferred stock issued at discount | - | 94,365
Dividend payable on preferred stock | 195,115 | 136,033
Net income available to common shareholders | $2,395,139 | $2,619,994
Average Common shares – outstanding basic | 3,248,369 | 2,095,923
Stock options under treasury stock method | 135,071 | 70,999
Average Common shares – outstanding diluted | 3,383,440 | 2,166,922
Basic earnings per common share | $0.74 | $1.25
Diluted earnings per common share | $0.71 | $1.21

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