Employee Benefits (Tables)

12 Months Ended

Jun. 30, 2024

Employee Benefits

Schedule of changes in options outstanding under the 2003 Plan and the 2017 Plan

	2024			2023			2022
	Weighted			Weighted			Weighted
	Average			Average			Average
	Price		Number	Price		Number	Price		Number
Outstanding at beginning of year	$	39.63	148,000	$	36.56	104,000	$	33.77	89,500
Granted		40.74	23,500		38.58	44,000		53.82	14,500
Exercised		24.49	(16,000)		—	—		—	—
Forfeited		42.35	(15,000)		—	—		—	—
Outstanding at year-end	$	34.43	140,500	$	39.63	148,000	$	36.56	104,000
Options exercisable at year-end	$	38.44	65,800	$	33.89	63,700	$	31.92	44,900

Schedule of values of options granted

	2024			2023			2022
Assumptions:
Expected dividend yield		2.06	%		1.79	%		1.49	%
Expected volatility		34.89	%		29.67	%		28.02	%
Risk-free interest rate		4.12	%		3.79	%		1.82	%
Weighted-average expected life (years)		10.00			10.00			10.00
Weighted-average fair value of options granted during the year	$	15.88		$	16.68		$	16.38

Schedule of stock options under the 2003 Plan and 2017 Plan

Weighted	Options Outstanding			Options Exercisable
Average		Weighted			Weighted
Remaining		Average			Average
Contractual	Number	Exercise		Number	Exercise
Life	Outstanding	Price		Exercisable	Price
43 mo.	11,500		37.31	11,500		37.31
54 mo.	15,500		34.35	15,500		34.35
68 mo.	15,500		37.40	12,400		37.40
79 mo.	23,000		34.91	13,800		34.91
91 mo.	11,500		53.82	4,600		53.82
97 mo.	7,500		46.59	1,500		46.59
104 mo.	32,500		46.94	6,500		46.94
111 mo.	3,500		40.28	—		40.28
115 mo.	20,000		40.82	—		40.82