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EARNINGS PER SHARE (Tables)
3 Months Ended
Sep. 30, 2021
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]

The following table sets forth the computation for basic and diluted EPS:

 

   

Three Months Ended September 30,

 

(dollars in thousands, except per share data)

 

2021

   

2020

 

Net Income

  $ 2,390     $ 1,944  
                 

Weighted average number of outstanding shares

               

Basic

    15,030,115       15,080,549  

Effect of dilutive securities

               

Employee stock options

    1,084       194  

Diluted

    15,031,199       15,080,743  
                 

Earnings Per Share

               

Basic Net Income per Share

  $ 0.16     $ 0.13  

Diluted Net Income per Share

  $ 0.16     $ 0.13