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Note 14: Subsequent Events | 9 Months Ended
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Mar. 31, 2015
Notes |
Note 14: Subsequent Events | Note 14: Subsequent Events On May 8, 2015, Treasury notified the Company that it had accepted the Company’s offer to repurchase for $2.7 million the warrant held by Treasury for the purchase of 231,891 shares of the Company’s common stock at an exercise price of $6.18 per share. As indicated in Note 11, the warrant was issued by the Company to Treasury on December 5, 2008, as part of the Company’s participation in the TARP Capital Purchase Program. Settlement for the repurchase of the warrant is expected to occur on or about May 13, 2015.

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- Definition The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business. + References No definition available. + Details
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