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Earnings Per Share (Tables)
9 Months Ended
Mar. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Share, Basic and Diluted
Basic earnings per share (“EPS”) is computed by dividing net income by the weighted average number of common shares outstanding during the period.  Diluted earnings per share is computed in a manner similar to that of basic earnings per share except that the weighted-average number of common shares outstanding is increased to include the number of incremental common shares that would have been outstanding under the treasury stock method if all potentially dilutive common shares (such as stock options) issued became vested during the period. Unallocated common shares held by the ESOP are not included in the weighted-average number of common shares outstanding for either the basic or diluted EPS calculations.  There were no dilutive or anti-dilutive securities or contracts outstanding during the three and nine months ended March 31, 2025 and 2024. 
 
 
For the three months
ended March 31,
 
For the nine months
ended March 31,
   
2025
    
2024
     
2025
    
2024
 
                     
Net Income
$8,054,000   $5,861,000    $21,805,000   $18,037,000 
Weighted average shares - basic
 17,026,828    17,026,828     17,026,828    17,026,828 
Weighted average shares - diluted
 17,026,828    17,026,828     17,026,828    17,026,828 
                     
Earnings per share - basic
$0.47   $0.34    $1.28   $1.06 
Earnings per share - diluted
$0.47   $0.34    $1.28   $1.06