Earnings Per Share (“EPS”) (Tables)

9 Months Ended

Mar. 31, 2020

Earnings Per Share [Abstract]

Schedule of Earnings Per Share

The following table provides factors used in the earnings per share computation for the three and nine months ended March 31, 2020 and 2019.

	Three Months Ended March 31,						Nine Months Ended March 31,
	2020			2019			2020			2019
	(amounts in thousands, except share and per share data)
Net income applicable to common stock	$	1,217		$	1,986		$	6,399		$	6,639
Average number of common shares    outstanding		16,587,563			17,451,763			16,927,496			17,917,077
Less: Average unallocated ESOP shares		(1,150,390	)		(1,247,370	)		(1,174,787	)		(1,271,790	)
Average number of common shares outstanding used to calculate basic earnings per common share		15,437,173			16,204,393			15,752,709			16,645,287
Effect of equity-based awards		10,044			57,362			61,613			14,459
Average number of common shares outstanding used to calculate diluted earnings per common share		15,447,217			16,261,755			15,814,322			16,659,746
Earnings per common share:
Basic	$	0.08		$	0.12		$	0.41		$	0.40
Diluted	$	0.08		$	0.12		$	0.40		$	0.40