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Subsequent Events | 12 Months Ended
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Jun. 30, 2013
Subsequent Events [Abstract] |
Subsequent Events | Subsequent Event On July 30, 2013, the Corporation announced that the Corporation’s Board of Directors declared a quarterly cash dividend of $0.10 per share, reflecting a 43% increase from $0.07 per share paid on June 11, 2013. Shareholders of the Corporation’s common stock at the close of business on August 21, 2013 will be entitled to receive the cash dividend. The cash dividend will be payable on September 10, 2013. On July 30, 2013, the Bank's Board of Directors declared a $10.0 million cash dividend from the Bank to the Corporation, which was paid on August 1, 2013. On July 30, 2013, the Corporation's Board of Directors amended the Corporation's By-Laws, effective July 30, 2013. The Board amended Article III, Section 3 of the By-Laws to provide that in general, no person shall qualify for service as a director of the Corporation if such person is a party to any compensatory, payment or other financial agreement, arrangement or understanding with any person or entity other than the Corporation in connection with candidacy or service as a director of the Corporation.

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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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