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Earnings Per Share ("EPS") | 12 Months Ended
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Jun. 30, 2024
Earnings Per Share [Abstract] |
Earnings Per Share ("EPS") |
Note 15: | Earnings Per Share (“EPS”)
Basic and diluted earnings per common share are presented for the years ended June 30, 2024 and 2023. The factors used in the earnings per common share computation follow:
|  | Year Ended June 30, 2024 |  |  | Year Ended June 30, 2023 |
Net income |  | $ | 1,790 |  |  | $ | 4,660 |
Basic weighted average shares outstanding |  |  | 3,276,491 |  |  |  | 3,276,890 |
Less: Average unallocated ESOP shares |  |  | (144,338 | ) |  |  | (163,583 | )
Average shares outstanding |  |  | 3,132,153 |  |  |  | 3,113,307 |
Diluted effect of restricted stock awards and stock options |  |  | — |  |  |  | 81,722 |
Diluted average shares outstanding |  |  | 3,132,153 |  |  |  | 3,195,029 |
Basic earnings per common share |  | $ | 0.57 |  |  | $ | 1.50 |
Diluted earnings per common share |  | $ | 0.57 |  |  | $ | 1.46 |

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