For the Three Months Ended

For the Six Months Ended

(Dollars In thousands)

December 31, 2023

December 31, 2022

December 31, 2023

December 31, 2022

Net income (loss)

$

(210

)

$

341

$

(87

)

$

986

Weighted average number of common shares outstanding

6,632,642

6,521,642

6,632,642

$

6,521,642

Less: Average unallocated ESOP shares

(236,874

)

(247,100

)

(238,157

)

$

(248,382

)

Less: Average non-vested restricted shares

(111,000

)

-

(111,000

)

$

-

Weighted average number of common shares outstanding used to calculate basic earnings per common share

6,284,768

6,274,542

6,283,485

6,273,260

Dilutive effect of share-based compensation

-

-

-

-

Weighted average number of common shares outstanding used to calculate diluted earnings per common share

6,284,768

6,274,542

6,283,485

6,273,260

Earnings (loss) per common share

Basic

$

(0.03

)

$

0.05

$

(0.01

)

$

0.16

Diluted

$

(0.03

)

$

0.05

$

(0.01

)

$

0.16