Stock-based Compensation (Tables)

12 Months Ended

Jun. 30, 2018

A summary of ESOP shares at June 30, 2018 and 2017 are as follows (dollars in thousands):


	2018		2017
Allocated shares		96,133		83,004
Shares committed for release		19,245		19,245
Unearned shares		250,185		269,430

Total ESOP shares		365,563		371,679

Fair value of unearned ESOP shares ⁽¹⁾	$	5,979	$	5,254

(1)

Based on closing price of $23.90 and $19.50 per share on June 30, 2018, and 2017, respectively.

The following table summarizes stock option activity for the year ended June 30, 2018 (dollars in thousands):


	Shares		Weighted- Average Exercise Price/Share		Weighted- Average Remaining Contractual Term		Aggregate Intrinsic Value
Outstanding, June 30, 2017		153,143	$	16.63
Granted		—		—
Exercised		—		—
Forfeited		—		—

Outstanding, June 30, 2018		153,143	$	16.63		5.4	$	1,113	⁽¹⁾

Exercisable, June 30, 2018		86,285	$	16.63		5.4	$	627	⁽¹⁾

(1)

Based on closing price of $23.90 per share on June 30, 2018.

The following table summarizes non-vested restricted stock activity for the year ended June 30, 2018:


	Shares		Weighted- Average Grant-Date Fair Value
Balance, June 30, 2017		70,438	$	16.79
Granted		—		—
Forfeited		—		—
Earned and issued		10,063		16.79

Balance, June 30, 2018		60,375		16.79