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Note 7: Earnings Per Share
 6 Months Ended
Dec. 31, 2018
Notes  
Note 7: Earnings Per Share

Note 7:  Earnings Per Share

 

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

 

 

Three months ended

 

Six months ended

 

December 31,

 

December 31,

 

2018

2017

 

2018

2017

 

 

 

 

 

 

(dollars in thousands except per share data)

 

 

 

 

 

Net income available to common shareholders

$7,454

$5,170

 

$14,254

$10,033

 

 

 

 

 

 

 Average Common shares – outstanding basic

9,136,873

8,589,073

 

9,066,597

8,590,218

 Stock options under treasury stock method

11,860

29,883

 

12,342

28,778

 Average Common shares – outstanding diluted

9,148,733

8,618,956

 

9,078,939

8,618,996

 

 

 

 

 

 

 Basic earnings per common share

$0.82

$0.60

 

$1.57

$1.17

 Diluted earnings per common share

$0.81

$0.60

 

$1.57

$1.16

 

 

At December 31, 2018, 13,500 options outstanding had an exercise price in excess of the market price.  At December 31, 2017, no options outstanding had an exercise price in excess of the market price.