Note 15: |
Earnings Per Share (“EPS”) | Basic and diluted earnings per common share are presented for the years ended June 30, 2025 and 2024. The factors used in the earnings per common share computation follow:
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June 30, 2025 |
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June 30, 2024 |
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Net income |
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$ |
4,304 |
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$ |
1,790 |
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Basic weighted average shares outstanding |
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3,276,118 |
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3,276,491 |
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Less: Average unallocated ESOP shares |
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(125,093 |
) |
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(144,338 |
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Average shares outstanding |
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3,151,025 |
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3,132,153 |
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Diluted effect of restricted stock awards and stock options |
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— |
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— |
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Diluted average shares outstanding |
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3,151,025 |
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3,132,153 |
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Basic earnings per common share |
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$ |
1.37 |
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$ |
0.57 |
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Diluted earnings per common share |
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$ |
1.37 |
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$ |
0.57 |
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