XML 56 R46.htm IDEA: XBRL DOCUMENT v3.23.2

Stock-based Compensation (Tables)

12 Months Ended

Jun. 30, 2023

Disclosure of Compensation Related Costs, Share-based Payments [Abstract]

Summary of ESOP Shares

A summary of ESOP shares at June 30, 2023 and 2022 are as follows (dollars in thousands):

		2023				2022
Allocated shares			162,986				160,772
Shares committed for release			19,245				19,245
Unearned shares			153,960				173,205
Total ESOP shares			336,191				353,222
Fair value of unearned ESOP shares (1)		$	2,223			$	3,291

(1) Based on closing price of $14.44 and $19.00 per share on June 30, 2023, and 2022, respectively.

Summary of Stock Option Activity

The following table summarizes stock option activity for the year ended June 30, 2023 (dollars in thousands):

		Shares				Weighted- Average Exercise Price/Share				Weighted- Average Remaining Contractual Term				Aggregate Intrinsic Value
Outstanding, June 30, 2022			134,143			$	16.63
Granted			—				—
Exercised			44,000				16.63
Forfeited			—				—
Outstanding, June 30, 2023			90,143			$	16.63				0.4			$	—	(1)
Exercisable, June 30, 2023			90,143			$	16.63				0.4			$	—	(1)

(1) Based on closing price of $14.44 per share on June 30, 2023.

Summary of Non-vested Restricted Stock Activity

The following table summarizes non-vested restricted stock activity for the year ended June 30, 2023:

		Shares				Weighted- Average Grant-Date Fair Value
Balance, June 30, 2022			18,876			$	16.82
Granted			53,000				19.10
Forfeited			—				—
Earned and issued			9,562				16.83
Balance, June 30, 2023			62,314				18.76

X

- References

No definition available.

+ Details

Name:	us-gaap_DisclosureOfCompensationRelatedCostsSharebasedPaymentsAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the changes in outstanding nonvested restricted stock shares.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Subparagraph (c)
-Paragraph 2
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_NonvestedRestrictedStockSharesActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the details pertaining to each employee stock ownership plan.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 40
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480489/718-40-50-1

+ Details

Name:	us-gaap_ScheduleOfEmployeeStockOwnershipPlanESOPDisclosuresTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure for stock option plans. Includes, but is not limited to, outstanding awards at beginning and end of year, grants, exercises, forfeitures, and weighted-average grant date fair value.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (d)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (e)
-SubTopic 10
-Topic 718
-Publisher FASB
-URI https://asc.fasb.org//1943274/2147480429/718-10-50-2

+ Details

Name:	us-gaap_ScheduleOfShareBasedCompensationStockOptionsActivityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	dtr-types:textBlockItemType
Balance Type:	na
Period Type:	duration