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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES AND NATURE OF BUSINESS (Tables)
3 Months Ended
Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Schedule Of Earnings (Loss) Per Share

The following table presents the factors used in the earnings per share calculation:

 

 

Three Months Ended

 

Basic and diluted

 

September 30, 2022

 

 

 

 

 

Net income

 

$

645

 

Weighted average number of common shares outstanding

 

 

6,521,642

 

Less: Average unallocated ESOP shares

 

 

(249,665

)

Weighted average number of common shares outstanding, net

 

 

6,271,977

 

Basic and diluted earnings per common share

 

$

0.10