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Note 7: Earnings Per Share | 3 Months Ended
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Dec. 31, 2014
Notes |
Note 7: Earnings Per Share | Note 7: Earnings Per Share The following table sets forth the computation of basic and diluted earnings per share:
| Three months ended |  | Six months ended
| December 31, |  | December 31,
| 2014 | 2013 |  | 2014 | 2013
(dollars in thousands except per share data) |  |  |  |  |
Net income | $3,437 | $2,519 |  | $6,733 | $5,082
Dividend payable on preferred stock | 50 | 50 |  | 100 | 100
Net income available to common shareholders | $3,387 | $2,469 |  | $6,633 | $4,982
Average Common shares – outstanding basic | 3,702,177 | 3,296,805 |  | 3,629,557 | 3,295,924
Stock options under treasury stock method | 94,284 | 104,759 |  | 93,271 | 98,567
Average Common shares – outstanding diluted | 3,796,461 | 3,401,564 |  | 3,722,828 | 3,394,491
Basic earnings per common share | $0.91 | $0.75 |  | $1.83 | $1.51
Diluted earnings per common share | $0.89 | $0.73 |  | $1.78 | $1.47
At December 31, 2014 and 2013, no options outstanding had an exercise price exceeding the market price.

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