Earnings Per Common Share ("EPS")

3 Months Ended

Sep. 30, 2023

Earnings Per Share [Abstract]

Earnings Per Common Share ("EPS")

Note 4: Earnings Per Common Share (“EPS”)

Basic and diluted earnings per common share are presented for the three-month periods ended September 30, 2023 and 2022. The factors used in the earnings per common share computation are as follows:

	Three Months Ended September 30, 2023			Three Months Ended September 30, 2022
Net income	$	466		$	1,969
Basic weighted average shares outstanding		3,354,626			3,275,876
Less: Average unallocated ESOP shares		(151,554	)		(170,799	)
Basic average shares outstanding		3,203,072			3,105,077
Diluted effect of restricted stock awards and stock options		63,681			76,335
Diluted average shares outstanding		3,266,753			3,181,412
Basic earnings per common share	$	0.15		$	0.63
Diluted earnings per common share	$	0.14		$	0.62