Note 16: Earnings Per Share

12 Months Ended

Jun. 30, 2018

Notes

Note 16: Earnings Per Share

NOTE 16:  Earnings Per Share

The following table sets forth the computations of basic and diluted earnings per common share:

	Year Ended June 30,
(dollars in thousands except per share data)	2018	2017	2016
Net income	$               20,929	$               15,552	$               14,848
Less: Effective dividend on preferred shares	-	-	85
Net income available to common stockholders	$               20,929	$               15,552	$               14,763
Denominator for basic earnings per share -
Weighted-average shares outstanding	8,734,334	7,483,350	7,430,170
Effect of dilutive securities stock options or awards	11,188	27,530	28,589
Denominator for diluted earnings per share	8,745,522	7,510,880	7,458,759
Basic earnings per share available to common stockholders	$                   2.40	$                   2.08	$                   1.99
Diluted earnings per share available to common stockholders	$                   2.39	$                   2.07	$                   1.98