EARNINGS PER SHARE CALCULATION (Tables)

3 Months Ended

Sep. 30, 2024

Earnings Per Share [Abstract]

Schedule of Basic and Diluted Loss per Share

The calculation of basic and diluted earnings per share is presented below:

	Three months ended September 30,
($ in thousands, except per share data)	2024		2023
Numerator for basic and diluted loss per share
Net income	$	3,572	2,007
Preferred dividends	(289)		(289)
Net income applicable to common shareholders	$	3,283	$	1,718
Denominator for basic earnings per share - Weighted average shares outstanding	73,068,856		72,717,965
Effect of dilutive potential common shares	852,330		1,587,547
Denominator for diluted earnings per share - Adjusted weighted average shares outstanding	73,921,186		74,305,512
Basic earnings per share	$	0.04	$	0.02
Diluted earnings per share	$	0.04	$	0.02