Stockholders' Equity (Tables)

12 Months Ended

Jun. 30, 2019

Equity [Abstract]

Schedule of reserved common shares for future issuance

The Company has reserved common shares for future issuance as follows as of June 30, 2019:

Stock options outstanding	259,164
Stock options available for issuance	291,976
Number of common shares reserved	551,140

Schedule of reconciliation of the numerators and denominators of basic and diluted per share computations

The following table sets forth the reconciliation of the numerators and denominators of the basic and diluted earnings per share computations for continuing operations for the years ended June 30:

	2019			2018
Numerator:
Net income	$	2,342,694		$	3,075,797
Denominator:
Basic EPS:
Common shares outstanding, beginning of period		2,387,124			2,371,321
Unearned ESOP shares		(29,166	)		(45,000	)
Weighted average common shares issued during the period		9,708			4,685
Weighted average common shares purchased during the period		(362	)		(3,075	)
Weighted average ESOP shares earned during the period		5,641			5,954
Denominator for basic earnings per common shares –
Weighted average common shares		2,372,945			2,333,885
Diluted EPS:
Common shares outstanding, beginning of period		2,387,124			2,371,321
Unearned ESOP shares		(29,166	)		(45,000	)
Weighted average common shares issued during the period		9,708			4,685

Weighted average common shares purchased during the period	(362	)	(3,075	)
Weighted average ESOP shares earned during the period	5,641		5,954
Weighted average dilutive effect of stock options	16,283		14,422
Denominator for diluted earnings per common shares –
Weighted average common shares	2,389,228		2,348,307