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Stock-based Compensation (Tables)
6 Months Ended
Dec. 31, 2023
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Summary of ESOP Shares
A summary of ESOP shares at December 31, 2023 and June 30, 2023 are as follows (dollars in thousands):
 
     December 31, 2023      June 30, 2023  
Allocated shares
     173,740        162,986  
Shares committed for release
     9,622        19,245  
Unearned shares
     144,338        153,960  
  
 
 
    
 
 
 
Total ESOP shares
     327,700        336,191  
  
 
 
    
 
 
 
Fair value of unearned ESOP shares (1)
   $ 2,314      $ 2,223  
  
 
 
    
 
 
 
 
(1)
Based on closing price of $16.03 and $14.44 per share on December 31, 2023, and June 30, 2023, respectively.
Summary of Stock Option Activity
The following table summarizes stock option activity for the six months ended December 31, 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
     90,143        16.63        
  
 
 
    
 
 
       
Outstanding, December 31, 2023
     —       $ —         0.0      $ 0  
  
 
 
    
 
 
    
 
 
    
 
 
 
Exercisable, December 31, 2023
     —       $ —         0.0      $  0  
  
 
 
    
 
 
    
 
 
    
 
 
 
Summary of Non-vested Restricted Stock Activity
The following table summarizes
non-vested
restricted stock activity for the six months ended December 31, 2023:
 
    
Shares
    
Weighted-Average Grant-

Date Fair Value
 
Balance, June 30, 2023
     62,314      $  18.76  
Granted
     —         —   
Forfeited
     1,600        19.10  
Earned and issued
     19,914        18.76  
  
 
 
    
 
 
 
Balance, December 31, 2023
     40,800      $ 19.10