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Earnings Per Share ("EPS")
12 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Earnings Per Share ("EPS")
Note 17: Earnings Per Share (“EPS”)
Basic and diluted earnings per common share are presented for the years ended June 30, 2021 and 2020. The factors used in the earnings per common share computation follow:
 
   
Year Ended
   
Year Ended
 
   
June 30, 2021
   
June 30, 2020
 
Net income
  $5,347   $4,245 
   
 
 
   
 
 
 
Basic weighted average shares outstanding
   3,240,376    3,324,657 
Less: Average unallocated ESOP shares
   (202,073   (221,318
   
 
 
   
 
 
 
Average shares outstanding
   3,038,303    3,103,339 
   
 
 
   
 
 
 
Diluted effect of restricted stock awards and stock options
   40,564    44,693 
   
 
 
   
 
 
 
Diluted average shares outstanding
   3,078,867    3,148,032 
   
 
 
   
 
 
 
Basic earnings per common share
  $1.76   $1.37 
   
 
 
   
 
 
 
Diluted earnings per common share
  $1.74   $1.35