XML 34 R13.htm IDEA: XBRL DOCUMENT
v3.19.3.a.u2

Earnings Per Common Share ("EPS") | 6 Months Ended
--- | ---
Dec. 31, 2019
Earnings Per Share [Abstract] |
Earnings Per Share ("EPS") | Note 4: Earnings Per Common Share (“EPS”) Basic and diluted earnings per common share are presented for the three month and six month periods ended December 31, 2019 and 2018. The factors used in the earnings per common share computation follow:
|  | Three Months Ended |  |  | Three Months Ended |  |  | Six Months Ended |  |  | Six Months Ended |
|  | December 31, 2019 |  |  | December 31, 2018 |  |  | December 31, 2019 |  |  | December 31, 2018 |
Net income (loss) |  | $ | 964 |  |  | $ | 787 |  |  | $ | 2,064 |  |  | $ | 1,721 |
Basic weighted average shares outstanding |  |  | 3,266,353 |  |  |  | 3,813,636 |  |  |  | 3,399,814 |  |  |  | 3,842,522 |
Less: Average unallocated ESOP shares |  |  | (223,723 | ) |  |  | (242,968 | ) |  |  | (226,129 | ) |  |  | (245,374 | )
Basic average shares outstanding |  |  | 3,042,630 |  |  |  | 3,570,668 |  |  |  | 3,173,685 |  |  |  | 3,597,148 |
Diluted effect of restricted stock awards and stock options |  |  | 57,282 |  |  |  | 53,475 |  |  |  | 54,778 |  |  |  | 62,683 |
Diluted average shares outstanding |  |  | 3,099,912 |  |  |  | 3,624,143 |  |  |  | 3,228,463 |  |  |  | 3,659,831 |
Basic earnings (loss) per common share |  | $ | 0.32 |  |  | $ | 0.22 |  |  | $ | 0.65 |  |  | $ | 0.48 |
Diluted earnings (loss) per common share |  | $ | 0.31 |  |  | $ | 0.22 |  |  | $ | 0.64 |  |  | $ | 0.47 |
The Company announced a stock repurchase plan on June 12, 2019, whereby the Company could repurchase up to 89,526 shares of its common stock, or approximately 2.5% of its then current outstanding shares. As of September 30, 2019, 20,200 shares were repurchased at an average price of $21.17 per share. On September 13, 2019, the Company announced an increase in the number of shares that may be repurchased under the Company’s existing stock repurchase plan, whereby the Company could repurchase up to 320,476 shares, or approximately 9.0% of its then outstanding shares. As of December 31, 2019, there were 297,681 shares repurchased by the Company and there were 22,795 shares yet to be repurchased under this plan.

X
- References No definition available. + Details
Name: | us-gaap_EarningsPerShareAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration