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Stock-based Compensation (Tables) | 3 Months Ended
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Sep. 30, 2024
Disclosure of Compensation Related Costs, Share-based Payments [Abstract] |
Summary of ESOP Shares | A summary of ESOP shares at September 30, 2024 and June 30, 2024 are as follows (dollars in thousands):
|  | September 30, 2024 |  |  | June 30, 2024 |
Allocated shares |  |  | 189,941 |  |  |  | 170,696 |
Shares committed for release |  |  | 4,811 |  |  |  | 19,245 |
Unearned shares |  |  | 129,904 |  |  |  | 134,715 |
Total ESOP shares |  |  | 324,656 |  |  |  | 324,656 |
Fair value of unearned ESOP shares (1) |  | $ | 2,620 |  |  | $ | 2,180 |
(1) | Based on closing price of $20.17 and $16.18 per share on September 30, 2024, and June 30, 2024, respectively.
Summary of Non-vested Restricted Stock Activity | The following table summarizes non-vested restricted stock activity for the three months ended September 30, 2024:
|  | Shares |  |  | Weighted-Average Grant- Date Fair Value |
Balance, June 30, 2024 |  |  | 40,800 |  |  | $ | 19.10 |
Granted |  |  | — |  |  |  | — |
Forfeited |  |  | — |  |  |  | — |
Earned and issued |  |  | 10,200 |  |  |  | 19.10 |
Balance, September 30, 2024 |  |  | 30,600 |  |  | $ | 19.10 |

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- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Subparagraph (c) -Paragraph 2 -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
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- Definition Tabular disclosure of the details pertaining to each employee stock ownership plan. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 718 -SubTopic 40 -Section 50 -Paragraph 1 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480489/718-40-50-1 + Details
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