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Earnings Per Share | 12 Months Ended
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Jun. 30, 2020
Earnings Per Share |
Earnings Per Share | NOTE 16: Earnings Per Share The following table sets forth the computations of basic and diluted earnings per common share:
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | Year Ended June 30,
(dollars in thousands except per share data) |  | 2020 |  | 2019 |  | 2018
Net income | ​ | $ | 27,545 | ​ | $ | 28,904 | ​ | $ | 20,929
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Denominator for basic earnings per share - | ​ |  |  | ​ |  |  | ​ |  |
Weighted-average shares outstanding | ​ |  | 9,189,876 | ​ |  | 9,193,235 | ​ |  | 8,734,334
Effect of dilutive securities stock options or awards | ​ |  | 9,293 | ​ |  | 10,674 | ​ |  | 11,188
Denominator for diluted earnings per share | ​ |  | 9,199,169 | ​ |  | 9,203,909 | ​ |  | 8,745,522
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic earnings per share available to common stockholders | ​ | $ | 3.00 | ​ | $ | 3.14 | ​ | $ | 2.40
Diluted earnings per share available to common stockholders | ​ | $ | 2.99 | ​ | $ | 3.14 | ​ | $ | 2.39
​ Options outstanding at June 30, 2020, 2019, and 2018, to purchase 50,500, 31,000, and 13,500 shares of common stock, respectively, were not included in the computation of diluted earnings per common share for each year periods because the exercise prices of such options were greater than the average market prices of the common stock for the respective fiscal year.

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