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Earnings Per Common Share ("EPS")
3 Months Ended
Sep. 30, 2024
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 periods ended September 30, 2024 and 2023. The factors used in the earnings per common share computation are as follows:
 
    
Three Months Ended
September 30, 2024
    
Three Months Ended
September 30, 2023
 
Net income
   $ 633      $ 466  
  
 
 
    
 
 
 
Basic weighted average shares outstanding
     3,353,026        3,354,626  
Less: Average unallocated ESOP shares
     (132,309      (151,554
  
 
 
    
 
 
 
Basic average shares outstanding
     3,220,717        3,203,072  
  
 
 
    
 
 
 
Diluted effect of restricted stock awards and stock options
     —         63,681  
  
 
 
    
 
 
 
Diluted average shares outstanding
     3,220,717        3,266,753  
  
 
 
    
 
 
 
Basic earnings per common share
   $ 0.20      $ 0.15  
  
 
 
    
 
 
 
Diluted earnings per common share
   $ 0.20      $ 0.14