Three months ended

Six months ended

December 31,

(dollars in thousands except per share data)

2021

2020

2021

2020

Net income

$

11,985

$

12,048

$

24,731

$

22,033

Less: distributed earnings allocated to participating securities

(8)

(4)

(14)

(8)

Less: undistributed earnings allocated to participating securities

(46)

(30)

(85)

(56)

Net income available to common shareholders

$

11,931

$

12,014

$

24,632

$

21,969

Weighted-average common shares outstanding, including participating securities

8,887,303

9,089,735

8,893,149

9,108,301

Less: weighted-average participating securities outstanding (restricted shares)

(39,920)

(25,410)

(35,883)

(26,335)

Denominator for basic earnings per share -

Weighted-average shares outstanding

8,847,383

9,064,325

8,857,266

9,081,966

Effect of dilutive securities stock options or awards

21,780

2,909

15,977

2,220

Denominator for diluted earnings per share

8,869,163

9,067,234

8,873,243

9,084,186

Basic earnings per share available to common stockholders

$

1.35

$

1.33

$

2.78

$

2.42

Diluted earnings per share available to common stockholders

$

1.35

$

1.32

$

2.78

$

2.42