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Earnings Per Share (Tables)
9 Months Ended
Mar. 31, 2024
Earnings Per Share  
Schedule of composition of the weighted average common shares used in the basic and diluted earnings per share computation

Three Months Ended

Nine Months Ended

March 31, 

March 31, 

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

2024

2023

2024

2023

Basic and diluted earnings per share:

Net income

$

136

$

183

$

326

$

2,271

Basic average common shares outstanding

8,336,654

12,643,435

9,264,297

13,024,076

Effect of dilutive securities

86,555

74,732

57,677

45,782

Dilutive average shares outstanding

8,423,209

12,718,167

9,321,974

13,069,858

Earnings per share:

Basic

$

0.02

$

0.01

$

0.04

$

0.17

Diluted

$

0.02

$

0.01

$

0.03

$

0.17