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Earnings Per Share | 6 Months Ended
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Dec. 31, 2020
Earnings Per Share [Abstract] |
Earnings Per Share | 2. Earnings Per Share Diluted earnings per share is computed taking into consideration common shares outstanding and dilutive potential common shares to be issued or released under the Company's share-based compensation plans. The factors used in the basic and diluted earnings per share computations follow:
|  | Six months ended December 31, |  |  | Three months ended December 31, |
(in thousands) |  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Net income allocated to common shareholders, basic and diluted |  | $ | 655 |  |  | $ | 482 |  |  | $ | 370 |  |  | $ | 248 |
|  | Six months ended December 31, |  |  | Three months ended December 31, |
|  | 2020 |  |  | 2019 |  |  | 2020 |  |  | 2019 |
Weighted average common shares outstanding, basic and diluted |  |  | 8,220,552 |  |  |  | 8,266,204 |  |  |  | 8,218,292 |  |  |  | 8,255,255 |
There were no stock option shares outstanding for the six- or three-month periods ended December 31, 2020 and 2019.

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