Three- month periods ended

Six- month periods ended

December 31,

(dollars in thousands except per share data)

2024

2023

2024

2023

Net income

$

14,653

$

12,193

$

27,110

$

25,345

Less: distributed earnings allocated to participating securities

(11)

(10)

(24)

(21)

Less: undistributed earnings allocated to participating securities

(50)

(43)

(99)

(90)

Net income available to common shareholders

$

14,592

$

12,140

$

26,987

$

25,234

Denominator for basic earnings per share

Weighted-average shares outstanding

11,230,514

11,286,786

11,225,779

11,286,399

Effect of dilutive securities stock options or awards

29,463

14,695

23,820

11,803

Denominator for diluted earnings per share

11,259,977

11,301,481

11,249,599

11,298,202

Basic earnings per share available to common stockholders

$

1.30

$

1.08

$

2.40

$

2.24

Diluted earnings per share available to common stockholders

$

1.30

$

1.07

$

2.40

$

2.23