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Employee Benefits (Tables)
12 Months Ended
Jun. 30, 2025
Employee Benefits  
Schedule of changes in options outstanding under the 2003 Plan, the 2017 Plan, and the 2024 Plan

2025

2024

2023

Weighted

Weighted

Weighted

Average

Average

Average

Price

Number

Price

Number

Price

Number

Outstanding at beginning of year

$

34.43

140,500

$

39.63

148,000

$

36.56

104,000

Granted

60.42

12,000

40.74

23,500

38.58

44,000

Exercised

24.49

(16,000)

Forfeited

 

 

42.35

(15,000)

 

Outstanding at year-end

$

42.76

152,500

$

34.43

140,500

$

39.63

148,000

Options exercisable at year-end

$

39.51

88,500

$

38.44

65,800

$

33.89

63,700

Schedule of assumptions used in determining the fair values of options

2025

2024

2023

Assumptions:

Expected dividend yield

1.52

%

2.06

%

1.79

%

Expected volatility

 

36.53

%

34.89

%

29.67

%

Risk-free interest rate

4.55

%

4.12

%

3.79

%

Weighted-average expected life (years)

10.00

10.00

10.00

Weighted-average fair value of options granted during the year

$

27.06

$

15.88

$

16.68

Schedule of information about stock options outstanding under the 2017 Plan, and the 2024 Plan

Weighted

Options Outstanding

Options Exercisable

Average

Weighted

Weighted

Remaining

Average

Average

Contractual

Number

Exercise

Number

Exercise

Life

Outstanding

Price

Exercisable

Price

31 mo.

11,500

37.31

11,500

37.31

42 mo.

15,500

34.35

15,500

34.35

56 mo.

15,500

37.40

15,500

37.40

67 mo.

23,000

34.91

18,400

34.91

79 mo.

11,500

53.82

6,900

53.82

85 mo.

7,500

46.59

3,000

46.59

92 mo.

32,500

46.94

13,000

46.94

99 mo.

3,500

40.28

700

40.28

103 mo.

20,000

40.82

4,000

40.82

116 mo.

12,000

60.42

60.42