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Earnings (Loss) Per Share (Tables)
3 Months Ended
Sep. 30, 2024
Earnings Per Share [Abstract]  
Schedule of Weighted Average Common Shares used in Earnings per share

The following table presents the composition of the weighted average common shares used in the earnings per share calculation:

 

 

 

Three Months Ended
September 30,

 

 

 

2024

 

 

2023

 

 

 

(Dollars in thousands, except share data)

 

Net income (loss) applicable to
   common shares

 

$

1,367

 

 

$

(10,498

)

Weighted average number of common
   shares outstanding

 

 

9,503,513

 

 

 

1,136,818

 

Less: Average unallocated ESOP
   shares

 

 

(697,248

)

 

 

(90,567

)

Weighted average number of common
   shares outstanding, net

 

 

8,806,265

 

 

 

1,046,251

 

Basic and diluted earnings (loss) per
   common share

 

$

0.16

 

 

$

(10.03

)