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Earnings Per Share | 12 Months Ended
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Jun. 30, 2023
Earnings Per Share |
Earnings Per Share | Note 12: Earnings Per Share ​ Basic earnings per share (“EPS”) excludes dilution and is computed by dividing income available to common shareholders by the weighted-average number of shares outstanding for the period. Diluted EPS reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that would then share in the earnings of the Corporation. ​ As of June 30, 2023 and 2022, there were outstanding options to purchase 434,500 shares and 431,000 shares of the Corporation’s common stock, of which 434,500 shares and 130,000 shares, respectively, were excluded from the diluted EPS computation as their effect was anti-dilutive. As of June 30, 2023 and 2022, there were outstanding restricted stock awards of 51,000 shares and 94,750 shares, respectively. ​ The following table provides the basic and diluted EPS computations for the fiscal years ended June 30, 2023 and 2022, respectively: ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Year Ended June 30, 2023
​ |  | Income |  | Shares |  | Per-Share
(Dollars in Thousands, Except Share Amount) | ​ | (Numerator) | ​ | (Denominator) | ​ | Amount
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic EPS | ​ | $ | 8,592 |  | 7,143,273 | ​ | $ | 1.20
Effect of dilutive shares: | ​ |  |  |  |  | ​ |  |
Stock options | ​ | ​ | ​ |  | — | ​ | ​ | ​
Restricted stock | ​ | ​ | ​ |  | 48,412 | ​ | ​ | ​
Diluted EPS | ​ | $ | 8,592 |  | 7,191,685 | ​ | $ | 1.19
​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the Year Ended June 30, 2022
​ |  | Income |  | Shares |  | Per-Share
(Dollars in Thousands, Except Share Amount) | ​ | (Numerator) | ​ | (Denominator) | ​ | Amount
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Basic EPS | ​ | $ | 9,093 |  | 7,404,089 | ​ | $ | 1.23
Effect of dilutive shares: | ​ |  |  |  |  | ​ |  |
Stock options | ​ |  | ​ |  | 29,614 | ​ | ​ | ​
Restricted stock | ​ |  | ​ |  | 15,301 | ​ | ​ | ​
Diluted EPS | ​ | $ | 9,093 |  | 7,449,004 | ​ | $ | 1.22
​

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