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Earnings Per Share
6 Months Ended
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.