Three Months Ended

Nine Months Ended

March 31,

(Dollars in thousands, except share and per share amounts)

2023

2022

2023

2022

Basic and diluted earnings per share:

Net income

$

183

$

824

$

2,271

$

3,159

Basic average common shares outstanding

12,643,435

14,318,839

13,024,076

14,310,484

Effect of dilutive securities

74,732

—

45,782

—

Dilutive average shares outstanding

12,718,167

14,318,839

13,069,858

14,310,484

Earnings per share:

Basic

$

0.01

$

0.06

$

0.17

$

0.22

Diluted

$

0.01

$

0.06

$

0.17

$

0.22