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EARNINGS PER SHARE | 6 Months Ended
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Dec. 31, 2022
EARNINGS PER SHARE |
EARNINGS PER SHARE | 14.EARNINGS PER SHARE Basic earnings per share represent income available to common stockholders divided by the weighted-average number of common shares outstanding during the period. Unallocated ESOP shares are not deemed outstanding for earnings per share calculations. There were no potentially diluted common stock equivalents as of December 31, 2022 or December 31, 2021. ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | For the Three Months Ended December 31, |  | For the Six Months Ended December 31,
​ | ​ | 2022 | ​ | 2021 | ​ | 2022 | ​ | 2021
​ | ​ | (Dollars in thousands, except share and per share amounts)
Net income applicable to common stock | ​ | $ | 6,183 | ​ | ​ | 6,257 | ​ | $ | 11,417 | ​ | $ | 7,614
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Average number of common shares outstanding | ​ | ​ | 25,977,679 | ​ | ​ | 25,977,679 | ​ | ​ | 25,977,679 | ​ | ​ | 25,977,679
Less: Average unallocated ESOP shares | ​ | ​ | 821,026 | ​ | ​ | 871,942 | ​ | ​ | 827,390 | ​ | ​ | 878,306
Average number of common shares outstanding used to calculate basic and diluted earnings per common share | ​ | ​ | 25,156,653 | ​ | ​ | 25,105,737 | ​ | ​ | 25,150,289 | ​ | ​ | 25,099,373
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Net earnings per common share: | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic | ​ | $ | 0.25 | ​ | $ | 0.25 | ​ | $ | 0.45 | ​ | $ | 0.30
Diluted | ​ | $ | 0.25 | ​ | $ | 0.25 | ​ | $ | 0.45 | ​ | $ | 0.30
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