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Earnings Per Share | 6 Months Ended
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Dec. 31, 2021
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) |  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Net income allocated to common shareholders, basic and diluted |  | $ | 1,050 |  |  | $ | 655 |  |  | $ | 482 |  |  | $ | 370 |
|  | Six months ended December 31, |  |  | Three months ended December 31, |
|  | 2021 |  |  | 2020 |  |  | 2021 |  |  | 2020 |
Weighted average common shares outstanding, basic and diluted |  |  | 8,216,836 |  |  |  | 8,220,552 |  |  |  | 8,217,207 |  |  |  | 8,218,292 |
There were no stock option shares outstanding for the six- or three-month periods ended December 31, 2021 and 2020.

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