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Stock-based Compensation (Tables)
9 Months Ended
Mar. 31, 2022
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of ESOP Shares
A summary of ESOP shares at March 31, 2022 and June 30, 2021 are as follows (dollars in thousands):
 
     March 31, 2022      June 30, 2021  
Allocated shares
     160,772        145,389  
Shares committed for release
     14,434        19,245  
Unearned shares
     178,016        192,450  
    
 
 
    
 
 
 
Total ESOP shares
     353,222        357,084  
    
 
 
    
 
 
 
Fair value of unearned ESOP shares (1)
   $ 4,210      $ 4,388  
    
 
 
    
 
 
 
 
(1)
Based on closing price of $23.65 and $22.80 per share on March 31, 2022, and June 30, 2021, respectively.
Summary of Stock Option Activity
The following table summarizes stock option activity for the nine months ended March 31, 2022 (dollars in thousands):
 
    
Options
    
Weighted-Average

Exercise Price/Share
    
Weighted-Average

Remaining Contractual
Life (in years)
    
Aggregate Intrinsic
Value
 
Outstanding, June 30, 2021
     153,143      $ 16.63                    
Granted
     —          —                      
Exercised
     19,000        16.63                    
Forfeited
     —          —                      
    
 
 
    
 
 
                   
Outstanding, March 31, 2022
     134,143      $ 16.63        1.7      $ 942 
(1)
 
    
 
 
    
 
 
    
 
 
    
 
 
 
Exercisable, March 31, 2022
     134,143      $ 16.63        1.7      $ 942 
(1)
 
    
 
 
    
 
 
    
 
 
    
 
 
 
 
(1)
Based on closing price of $23.65 per share on March 31, 2022.
Summary of Non-vested Restricted Stock Activity
The following table summarizes
non-vested
restricted stock activity for the nine months ended March 31, 2022:
 
    
Shares
    
Weighted-Average

Grant-Date Fair Value
 
Balance, June 30, 2021
     30,188      $ 16.79  
Granted
     —          —    
Forfeited
     1,750        16.63  
Earned and issued
     9,562        16.79  
    
 
 
    
 
 
 
Balance, March 31, 2022
     18,876      $ 16.79