XML 34 R25.htm IDEA: XBRL DOCUMENT v3.22.4

Stock-based Compensation (Tables)

6 Months Ended

Dec. 31, 2022

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

Summary of ESOP Shares

A summary of ESOP shares at December 31, 2022 and June 30, 2022 are as follows (dollars in thousands):

		December 31, 2022				June 30, 2022
Allocated shares			164,894				160,772
Shares committed for release			9,622				19,245
Unearned shares			163,583				173,205
Total ESOP shares			338,099				353,222
Fair value of unearned ESOP shares (1)		$	2,822			$	3,291

(1) Based on closing price of $17.25 and $19.00 per share on December 31, 2022, and June 30, 2022, respectively.

Summary of Stock Option Activity

The following table summarizes stock option activity for the six months ended December 31, 2022 (dollars in thousands):

		Options				Weighted-Average Exercise Price/Share				Weighted-Average Remaining Contractual Life (in years)				Aggregate Intrinsic Value
Outstanding, June 30, 2022			134,143			$	16.63
Granted			—				—
Exercised			27,000				16.63
Forfeited			—				—
Outstanding, December 31, 2022			107,143			$	16.63				1.0			$	66	(1)
Exercisable, December 31, 2022			107,143			$	16.63				1.0			$	66	(1)

(1) Based on closing price of $17.25 per share on December 31, 2022.

Summary of Non-vested Restricted Stock Activity

The following table summarizes non-vested restricted stock activity for the six months ended December 31, 2022:

		Shares				Weighted-Average Grant- Date Fair Value
Balance, June 30, 2022			18,876			$	16.79
Granted			53,000				19.10
Forfeited			—				—
Earned and issued			9,562				16.83
Balance, December 31, 2022			62,314			$	17.57

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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)
-URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901

+ 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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 40
-Section 50
-Paragraph 1
-URI https://asc.fasb.org/extlink&oid=109244661&loc=d3e17540-113929

+ 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
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (d)
-URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (e)
-URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 718
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (c)(1)
-URI https://asc.fasb.org/extlink&oid=128089324&loc=d3e5070-113901

+ Details

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