Earnings Per Share (Tables)

9 Months Ended

Mar. 31, 2023

Earnings Per Share [Abstract]

Earnings Per Share, Basic and Diluted

On March 23, 2023, the Company effected a 2-for-1 stock split in the form of a stock dividend on its outstanding shares of common stock. Weighted-average number of shares and earnings per share have been retroactively adjusted in all periods presented as if the new shares had been issued and outstanding at the same time as the original shares.

	For the three months ended March 31,				For the nine months ended March 31,
	2023		2022		2023		2022
Net Income	$	8,091,000	$	7,188,000	$	24,325,000	$	21,179,000
Weighted Average Shares – Basic		17,026,828		17,026,828		17,026,828		17,026,828
Weighted Average Shares – Diluted		17,026,828		17,026,828		17,026,828		17,026,828
Earnings per share – Basic	$	0.48	$	0.42	$	1.43	$	1.24
Earnings per share – Diluted	$	0.48	$	0.42	$	1.43	$	1.24