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Earnings Per Share | 12 Months Ended
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Jun. 30, 2024
Earnings Per Share |
Earnings Per Share | NOTE 13: Earnings Per Share The following table sets forth the computations of basic and diluted earnings per common share: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | June 30,
(dollars in thousands except per share data) | ​ | 2024 | ​ | 2023 | ​ | 2022
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net income | ​ | $ | 50,182 | ​ | $ | 39,237 | ​ | $ | 47,169
Less: distributed earnings allocated to participating securities | ​ |  | (49) | ​ |  | (42) | ​ |  | (30)
Less: undistributed earnings allocated to participating securities | ​ |  | (208) | ​ |  | (150) | ​ |  | (165)
Net income available to common shareholders | ​ | $ | 49,925 | ​ | $ | 39,045 | ​ | $ | 46,974
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Denominator for basic earnings per share - | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Weighted-average shares outstanding | ​ |  | 11,292,634 | ​ |  | 10,124,766 | ​ |  | 8,994,022
Effect of dilutive securities stock options or awards | ​ |  | 8,645 | ​ |  | 17,033 | ​ |  | 17,122
Denominator for diluted earnings per share | ​ | ​ | 11,301,279 | ​ | ​ | 10,141,799 | ​ | ​ | 9,011,144
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic earnings per share available to common stockholders | ​ | $ | 4.42 | ​ | $ | 3.86 | ​ | $ | 5.22
Diluted earnings per share available to common stockholders | ​ | $ | 4.42 | ​ | $ | 3.85 | ​ | $ | 5.21
​ Certain option and restricted stock awards were excluded from the computation of diluted earnings per share because they were anti-dilutive, based on the average market prices of the Company’s common stock for these periods. Outstanding options and shares of restricted stock totaling 79,830, 66,607, and 22,750 were excluded from the computation of diluted earnings per share for the fiscal years ended June 30, 2024, 2023, and 2022, respectively.

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