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Stock-based Compensation (Tables)

3 Months Ended

Sep. 30, 2023

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

Summary of ESOP Shares

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

		September 30, 2023				June 30, 2023
Allocated shares			182,231				162,986
Shares committed for release			4,811				19,245
Unearned shares			149,149				153,960
Total ESOP shares			336,191				336,191
Fair value of unearned ESOP shares (1)		$	2,221			$	2,223

(1) Based on closing price of $14.89 and $14.44 per share on September 30, 2023, and June 30, 2023, respectively.

Summary of Stock Option Activity

The following table summarizes stock option activity for the three months ended September 30, 2023 (dollars in thousands):

		Options				Weighted-Average Exercise Price/Share				Weighted-Average Remaining Contractual Life (in years)				Aggregate Intrinsic Value
Outstanding, June 30, 2023			90,143			$	16.63
Granted			—				—
Exercised			—				—
Forfeited			—				—
Outstanding, September 30, 2023			90,143			$	16.63				0.2			$	—	(1)
Exercisable, September 30, 2023			90,143			$	16.63				0.2			$	—	(1)

(1) Based on closing price of $14.89 per share on September 30, 2023.

Summary of Non-vested Restricted Stock Activity

The following table summarizes non-vested restricted stock activity for the three months ended September 30, 2023:

		Shares				Weighted-Average Grant- Date Fair Value
Balance, June 30, 2023			62,314			$	18.76
Granted			—				—
Forfeited			—				—
Earned and issued			10,600				19.10
Balance, September 30, 2023			51,714			$	18.69

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

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-Name Accounting Standards Codification
-Section 50
-Subparagraph (c)
-Paragraph 2
-SubTopic 10
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Tabular disclosure of the details pertaining to each employee stock ownership plan.

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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.

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