v3.26.3
Earnings Per Share
 3 Months Ended
Sep. 30, 2026
Earnings Per Share [Abstract]  
Earnings Per Share
5.
Earnings Per Share

Basic earnings per common share is computed based on the weighted average number of shares outstanding. Diluted earnings per share is computed based on the weighted average number of shares outstanding and common share equivalents that would arise from the exercise of dilutive securities. Earnings per share for the three months ended September 30, 2026 and 2025 were calculated as follows:

   
Three Months Ended
  
   
September 30,
  
   
2026
    
2025
  
   
(In Thousands, Except Per Share
Data)
  
             
Net Income
  
$
1,911
    
$
1,599
  
                 
Weighted average common shares issued and outstanding
    
3,035
      
3,071
  
Weighted average unearned ESOP shares
    
(51
)
    
(63
)
Weighted average shares outstanding - basic
    
2,984
      
3,008
  
Effect of dilutive common stock equivalents
    
84
      
40
  
Adjusted weighted average shares outstanding - diluted
   $
3,068
     $
3,048
  
                 
Basic earnings per share
   $
0.64
     $
0.53
  
Diluted earnings per share
  
$
0.62
    
$
0.52