Note 7: Earnings Per Share

3 Months Ended

Sep. 30, 2018

Notes

Note 7: Earnings Per Share

Note 7:  Earnings Per Share

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

	Three months ended
	September 30,
	2018	2017
(dollars in thousands except per share data)
Net income available to common shareholders	$6,800	$4,862
Average Common shares – outstanding basic	8,996,321	8,591,363
Stock options under treasury stock method	10,194	28,799
Average Common shares – outstanding diluted	9,006,515	8,620,162
Basic earnings per common share	$0.76	$0.57
Diluted earnings per common share	$0.76	$0.56

At September 30, 2018 and 2017, no options outstanding had an exercise price exceeding the market price.