v3.26.1
Note 17 - Earnings Per Share
 12 Months Ended
Jun. 30, 2026
Notes to Financial Statements  
Earnings Per Share [Text Block]

NOTE 17—EARNINGS PER SHARE

 

Basic earnings per share is the amount of earnings available to each share of common stock outstanding during the reporting period and is equal to net income divided by the weighted average number of shares outstanding during the period. Diluted earnings per share is the amount of earnings available to each share of common stock outstanding during the reporting period adjusted to include the effect of potentially dilutive common shares that may be issued upon the vesting of restricted stock awards and restricted stock units. There were no restricted stock units that were anti-dilutive for years ending June 30, 2026 and 2025. The following table details the calculation of basic and diluted earnings per share:

 

   

For the year Ended June 30,

  
   

2026

   

2025

  

Basic:

                

Net income available to common shareholders

   $ 11,164     $ 8,667  

Weighted average common shares outstanding

     3,147,442       3,133,305  

Basic income per share

   $ 3.55     $ 2.77  
                 

Diluted:

                

Net income available to common shareholders

   $ 11,164     $ 8,667  

Weighted average common shares outstanding

     3,147,442       3,133,305  

Dilutive effect of restricted stock

     384       21  

Total common shares and dilutive potential common shares

     3,147,826       3,133,326  

Dilutive income per share

   $ 3.55     $ 2.77