Significant Accounting Policies (Tables)

12 Months Ended

Jun. 30, 2022

Significant Accounting Policies

Schedule of calculation of earnings per share

		Years Ended June 30,
	2022		2021
Net income applicable to common stock	$	1,334,763	$	1,373,059
Average number of shares outstanding		2,229,497		2,229,497
Less: Average unallocated ESOP shares		84,402		87,023
Average number of common shares outstanding used to calculate basic earnings per share		2,145,095		2,142,474
Earnings per common share:
Basic	$	0.62	$	0.64
Diluted		0.62		0.64