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Earnings Per Common Share ("EPS") (Tables)
9 Months Ended
Mar. 31, 2021
Earnings Per Share [Abstract]  
Factors Used in Earnings Per Common Share Computation
Basic and diluted earnings per common share are presented for the three month and nine month periods ended March 31, 2021 and 2020. The factors used in the earnings per common share computation are as follows:
 
  
Three Months Ended
  
Three Months Ended
  
Nine Months Ended
  
Nine Months Ended
 
  
March 31, 2021
  
March 31, 2020
  
March 31, 2021
  
March 31, 2020
 
     
Net income
 $1,560  $810  $4,354  $2,874 
  
 
 
  
 
 
  
 
 
  
 
 
 
Basic weighted average shares outstanding
  3,240,376   3,256,972   3,240,376   3,352,546 
Less: Average unallocated ESOP shares
  (199,667  (218,912  (204,478  (223,723
  
 
 
  
 
 
  
 
 
  
 
 
 
Basic average shares outstanding
  3,040,709   3,038,060   3,035,898   3,128,823 
  
 
 
  
 
 
  
 
 
  
 
 
 
Diluted effect of restricted stock awards and stock options
  49,989   51,662   33,508   53,740 
  
 
 
  
 
 
  
 
 
  
 
 
 
Diluted average shares outstanding
  3,090,698   3,089,722   3,069,406   3,182,563 
  
 
 
  
 
 
  
 
 
  
 
 
 
Basic earnings per common share
 $0.51  $0.27  $1.43  $0.92 
  
 
 
  
 
 
  
 
 
  
 
 
 
Diluted earnings per common share
 $0.50  $0.26  $1.42  $0.90