Note 7 - Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Mar. 31, 2023

Notes to Financial Statements

Comprehensive Income (Loss) Note [Text Block]

Note 7 –Accumulated Other Comprehensive Income (Loss)

The components of other comprehensive income related to unrealized gains and losses on available-for-sale securities for the three-month periods ended March 31, 2023 and 2022, were as follows:

	Pretax			Tax Effect			After-tax			Affected Line Item in Consolidated Statements of Income
Balance as of December 31, 2022	$	(38,678	)	$	8,122		$	(30,556	)
Unrealized holding gains on available-for-sale securities arising during the period		4,670			(981	)		3,689
Amounts reclassified from accumulated other comprehensive income		2			—			2		(a)(b)
Net current period other comprehensive gain		4,672			(981	)		3,691
Balance as of March 31, 2023	$	(34,006	)	$	7,141		$	(26,865	)

	Pretax			Tax Effect			After-tax			Affected Line Item in Consolidated Statements of Income
Balance as of December 31, 2021	$	2,003		$	(421	)	$	1,582
Net current period other comprehensive loss		(16,891	)		3,548			(13,343	)	(a)(b)
Balance as of March 31, 2022	$	(14,888	)	$	3,127		$	(11,761	)

	Pretax			Tax Effect			After-tax			Affected Line Item in Consolidated Statements of Income
Balance as of June 30, 2022	$	(27,982	)	$	5,876		$	(22,106	)
Unrealized holding losses on available-for-sale securities arising during the period		(6,041	)		1,269			(4,772	)
Amounts reclassified from accumulated other comprehensive income		17			(4	)		13		(a)(b)
Net current period other comprehensive loss		(6,024	)		1,265			(4,759	)
Balance as of March 31, 2023	$	(34,006	)	$	7,141		$	(26,865	)

	Pretax			Tax Effect			After-tax			Affected Line Item in Consolidated Statements of Income
Balance as of June 30, 2021	$	4,493		$	(943	)	$	3,550
Unrealized holding losses on available-for-sale securities arising during the period		(19,379	)		4,070			(15,309	)
Amounts reclassified from accumulated other comprehensive income		(2	)		—			(2	)	(a)(b)
Net current period other comprehensive loss		(19,381	)		4,070			(15,311	)
Balance as of March 31, 2022	$	(14,888	)	$	3,127		$	(11,761	)

(a) Securities (gains) losses, net

(b) Income tax expense