XML 48 R34.htm IDEA: XBRL DOCUMENT v3.23.2
Employee Benefits (Tables)
12 Months Ended
Jun. 30, 2023
Employee Benefits  
Schedule of changes in options outstanding under the 2003 Plan and the 2017 Plan

2023

2022

2021

Weighted

Weighted

Weighted

Average

Average

Average

Price

Number

Price

Number

Price

Number

Outstanding at beginning of year

$

36.56

104,000

$

33.77

89,500

$

33.22

60,500

Granted

38.58

44,000

53.82

14,500

34.91

29,000

Exercised

Forfeited

 

 

 

Outstanding at year-end

$

39.63

148,000

$

36.56

104,000

$

33.77

89,500

Options exercisable at year-end

$

33.89

63,700

$

31.92

44,900

$

29.79

29,000

Schedule of values of options granted

2023

2022

2021

Assumptions:

Expected dividend yield

1.79

%

1.49

%

1.83

%

Expected volatility

 

29.67

%

28.02

%

27.72

%

Risk-free interest rate

3.79

%

1.82

%

1.14

%

Weighted-average expected life (years)

10.00

10.00

10.00

Weighted-average fair value of options granted during the year

$

16.68

$

16.38

$

9.19

Schedule of stock options under the 2003 Plan and 2017 Plan

Weighted

Options Outstanding

Options Exercisable

Average

Weighted

Weighted

Remaining

Average

Average

Contractual

Number

Exercise

Number

Exercise

Life

Outstanding

Price

Exercisable

Price

14 mo.

10,000

$

17.55

10,000

$

17.55

55 mo.

13,500

37.31

13,500

37.31

66 mo.

17,500

34.35

14,000

34.35

80 mo.

19,500

37.40

11,700

37.40

91 mo.

29,000

34.91

11,600

34.91

103 mo.

14,500

53.82

2,900

53.82

109 mo.

7,500

46.59

46.59

116 mo.

36,500

46.94

46.94