Three months ended

Six months ended

December 31,

(dollars in thousands except per share data)

2023

2022

2023

2022

Net income

$

12,193

$

11,664

$

25,345

$

21,267

Less: distributed earnings allocated to participating securities

(10)

(9)

(21)

(17)

Less: undistributed earnings allocated to participating securities

(43)

(90)

(78)

Net income available to common shareholders

$

12,140

$

11,612

$

25,234

$

21,172

Denominator for basic earnings per share -

Weighted-average shares outstanding

11,286,786

9,187,881

11,286,399

9,187,790

Effect of dilutive securities stock options or awards

14,695

22,369

11,803

22,512

Denominator for diluted earnings per share

11,301,481

9,210,250

11,298,202

9,210,302

Basic earnings per share available to common stockholders

$

1.08

$

1.26

$

2.24

$

2.30

Diluted earnings per share available to common stockholders

$

1.07

$

1.26

$

2.23

$

2.30