For the Three Months Ended March 31,

For the Nine Months Ended March 31,

2022

2021

2022

2021

(Dollars in thousands, except share and per share amounts)

Net income applicable to common stock

$

302

1,341

$

7,916

$

4,630

Average number of common shares outstanding

25,977,679

Less: Average unallocated ESOP shares

859,212

910,129

865,577

916,493

Average number of common shares outstanding used to calculate basic and diluted earnings per common share

25,118,467

25,067,550

25,112,102

25,061,186

Net earnings per common share:

Basic

$

0.01

$

0.05

$

0.31

$

0.18

Diluted

$

0.01

$

0.05

$

0.31

$

0.18