v3.26.1
Pay vs Performance Disclosure - USD ($)
12 Months Ended 36 Months Ended
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2026
Pay vs Performance Disclosure        
Pay vs Performance Disclosure, Table

PAY VERSUS PERFORMANCE

 

The following table provides information about the relationship between executive compensation actually paid for our principle executive officer (PEO) and our non-principle executive officers and certain financial performance of the Company.

 

Year

 

Summary Compensation

Table Total for

PEO (1)

   

Compensation

Actually Paid

to PEO (2)

   

Average Summary

Compensation

Table Total for non-

PEO named

executive officers

(NEOs) (3)

   

Average

Compensation

Actually Paid to non-

PEO NEOs (4)

   

Value of Initial

Fixed $100

Investment Based

on Total

Shareholder

Return (5)

   

Net Income (6)

 

(a)

 

(b)

   

(c)

   

(d)

   

(e)

   

(f)

   

(g)

 

2026

  $ 1,037,169     $ 1,086,167     $ 431,861     $ 447,194     $ 146.70     $ 11,164,000  

2025

    801,716       817,751       449,266       457,124       126.59       8,667,000  

2024

    716,089       701,164       377,681       368,737       95.11       8,580,000  

 

(1)    The amounts reported in column (b) are the amounts of total compensation reported for Mr. Lober, our PEO, for each corresponding year in the “Total” column of the Summary Compensation Table.

 

(2)    The amount reported in column (c) represents the executive compensation actually paid for Mr. Lober as computed in accordance with Item 402(v) of Regulation S-K. The amounts do not reflect the actual compensation earned or paid to Mr. Lober during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the adjustments noted in footnote 4 were made to Mr. Lober’s total compensation for each year.

 

(3)    The amounts reported in column (d) represent the average of the amounts reported for the Company’s non-PEO NEOs as a group in the “Total” column of the Summary Compensation Table in each applicable year.

 

(4)    The amounts reported in column (e) represent the average amount of executive compensation actually paid for the non-PEO NEOs as a group as computed in accordance with Item 402(v) of Regulation S-K. The dollar amounts do not reflect the actual average amount of compensation earned by or paid to the non-PEO NEOs as a group during the applicable year. In accordance with the requirements of Item 402(v) of Regulation S-K, the following adjustments were made to average total compensation for the non-PEO NEOs as a group for each year to determine executive compensation actually paid.

 

 

     
PEO Total Compensation Amount $ 1,037,169 $ 801,716 $ 716,089  
PEO Actually Paid Compensation Amount $ 1,086,167 817,751 701,164  
Adjustment To PEO Compensation, Footnote

 

   

PEO

   

Average for Non-PEO NEOs

 
   

2026

   

2025

   

2024

   

2026

   

2025

   

2024

 

Total Compensation per Summary Compensation Table (SCT)

  $ 1,037,169     $ 801,716     $ 716,089     $ 431,861     $ 449,266     $ 377,681  
                                                 

Less the amounts or average amounts reported under the Stock Awards column in the SCT

    95,900                   30,750              
                                                 

Plus year-end value of stock grants awarded in the applicable fiscal year that are unvested and outstanding as of the end of the applicable fiscal year

    102,486                   32,861              
                                                 

Plus the fair value as of the vesting date of any awards that are granted and vest in the same applicable fiscal year

    34,172                   10,958              
                                                 

Plus the change in fair value of prior year awards that are outstanding and unvested as of the end of the applicable fiscal year

          11,819       (12,773 )           4,216       (4,661 )
                                                 

Plus the change in fair value as of the vesting date of prior year awards that vested at the end of or during the applicable fiscal year

    8,240       4,216       (2,152 )     2,264 )     3,642       (4,283 )
                                                 

Compensation actually paid for year shown

  $ 1,086,167     $ 817,751     $ 701,164     $ 447,194     $ 457,124     $ 368,737  

 

(5)    Cumulative Total Shareholder Return is calculated by dividing the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and the difference between the Company’s share price as the end and the beginning of the measurement period by the Company’s share price as the beginning of the measurement period.

 

(6)    Amounts represent the amount of net income reflected in the Company’s audited financial statements for the applicable year.

 

 

     
Non-PEO NEO Average Total Compensation Amount $ 431,861 449,266 377,681  
Non-PEO NEO Average Compensation Actually Paid Amount $ 447,194 457,124 368,737  
Adjustment to Non-PEO NEO Compensation Footnote

 

   

PEO

   

Average for Non-PEO NEOs

 
   

2026

   

2025

   

2024

   

2026

   

2025

   

2024

 

Total Compensation per Summary Compensation Table (SCT)

  $ 1,037,169     $ 801,716     $ 716,089     $ 431,861     $ 449,266     $ 377,681  
                                                 

Less the amounts or average amounts reported under the Stock Awards column in the SCT

    95,900                   30,750              
                                                 

Plus year-end value of stock grants awarded in the applicable fiscal year that are unvested and outstanding as of the end of the applicable fiscal year

    102,486                   32,861              
                                                 

Plus the fair value as of the vesting date of any awards that are granted and vest in the same applicable fiscal year

    34,172                   10,958              
                                                 

Plus the change in fair value of prior year awards that are outstanding and unvested as of the end of the applicable fiscal year

          11,819       (12,773 )           4,216       (4,661 )
                                                 

Plus the change in fair value as of the vesting date of prior year awards that vested at the end of or during the applicable fiscal year

    8,240       4,216       (2,152 )     2,264 )     3,642       (4,283 )
                                                 

Compensation actually paid for year shown

  $ 1,086,167     $ 817,751     $ 701,164     $ 447,194     $ 457,124     $ 368,737  

 

(5)    Cumulative Total Shareholder Return is calculated by dividing the sum of the cumulative amount of dividends for the measurement period, assuming dividend reinvestment, and the difference between the Company’s share price as the end and the beginning of the measurement period by the Company’s share price as the beginning of the measurement period.

 

(6)    Amounts represent the amount of net income reflected in the Company’s audited financial statements for the applicable year.

 

 

     
Total Shareholder Return Amount $ 146.7 126.59 95.11  
Net Income (Loss) 11,164,000 8,667,000 8,580,000  
Mr. Lober [Member]        
Pay vs Performance Disclosure        
PEO Name       Mr. Lober
PEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 95,900 0 0  
PEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 102,486 0 0  
PEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 11,819 (12,773)  
PEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 34,172 0 0  
PEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 8,240 4,216 (2,152)  
Non-PEO NEO | Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 30,750 0 0  
Non-PEO NEO | Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 32,861 0 0  
Non-PEO NEO | Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 0 4,216 (4,661)  
Non-PEO NEO | Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount 10,958 0 0  
Non-PEO NEO | Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year        
Pay vs Performance Disclosure        
Adjustment to Compensation, Amount $ 2,264 $ 3,642 $ (4,283)