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Earnings Per Common Share ("EPS") | 3 Months Ended
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Sep. 30, 2020
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 periods ended September 30, 2020 and 2019. The factors used in the earnings per common share computation are as follows:
|  | Three Months Ended September 30, 2020 |  |  | Three Months Ended September 30, 2019 |
Net income |  | $ | 1,331 |  |  | $ | 1,100 |
Basic weighted average shares outstanding |  |  | 3,240,376 |  |  |  | 3,533,275 |
Less: Average unallocated ESOP shares |  |  | (209,289 | ) |  |  | (228,534 | )
Basic average shares outstanding |  |  | 3,031,087 |  |  |  | 3,304,741 |
Diluted effect of restricted stock awards and stock options |  |  | 10,101 |  |  |  | 52,155 |
Diluted average shares outstanding |  |  | 3,041,188 |  |  |  | 3,356,896 |
Basic earnings per common share |  | $ | 0.44 |  |  | $ | 0.33 |
Diluted earnings per common share |  | $ | 0.44 |  |  | $ | 0.33 |

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