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Earnings Per Common Share ("EPS") | 9 Months Ended
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Mar. 31, 2023
Earnings Per Share [Abstract] |
Earnings Per Common Share ("EPS") | Note 4: Earnings Per Common Share (“EPS”) Basic and diluted earnings per common share are presented for the three month and nine-month periods ended March 31, 2023 and 2022. The factors used in the earnings per common share computation are as follows:
|  | Three Months Ended March 31, 2023 |  |  | Three Months Ended March 31, 2022 |  |  | Nine Months Ended March 31, 2023 |  |  | Nine Months Ended March 31, 2022 |
Net income |  | $ | 690 |  |  | $ | 1,154 |  |  | $ | 4,063 |  |  | $ | 4,749 |
Basic weighted average shares outstanding |  |  | 3,343,670 |  |  |  | 3,257,782 |  |  |  | 3,318,809 |  |  |  | 3,251,073 |
Less: Average unallocated ESOP shares |  |  | (161,177 | ) |  |  | (180,422 | ) |  |  | (165,988 | ) |  |  | (185,233 | )
Basic average shares outstanding |  |  | 3,182,493 |  |  |  | 3,077,360 |  |  |  | 3,152,821 |  |  |  | 3,065,840 |
Diluted effect of restricted stock awards and stock options |  |  | 82,103 |  |  |  | 72,919 |  |  |  | 86,964 |  |  |  | 68,497 |
Diluted average shares outstanding |  |  | 3,246,596 |  |  |  | 3,150,279 |  |  |  | 3,239,785 |  |  |  | 3,134,337 |
Basic earnings per common share |  | $ | 0.22 |  |  | $ | 0.37 |  |  | $ | 1.29 |  |  | $ | 1.55 |
Diluted earnings per common share |  | $ | 0.21 |  |  | $ | 0.37 |  |  | $ | 1.25 |  |  | $ | 1.52 |

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