Note 15: Earnings Per Share

12 Months Ended

Jun. 30, 2017

Notes

Note 15: Earnings Per Share

NOTE 15:  Earnings Per Share

The following table sets forth the computations of basic and diluted earnings per common share:

	Year Ended June 30,
(dollars in thousands except per share data)	2017	2016	2015
Net income	$             15,552	$           14,848	$               13,668
Less: Effective dividend on preferred shares	-	85	200
Net income available to common stockholders	$             15,552	$           14,763	$               13,468
Denominator for basic earnings per share -
Weighted-average shares outstanding	7,483,350	7,430,170	7,337,437
Effect of dilutive securities stock options or awards	27,530	28,589	169,795
Denominator for diluted earnings per share	7,510,880	7,458,759	7,507,232
Basic earnings per share available to common stockholders	$                 2.08	$               1.99	$                   1.84
Diluted earnings per share available to common stockholders	$                 2.07	$               1.98	$                   1.79