Note 7 - Accumulated Other Comprehensive Income (Loss)

9 Months Ended

Mar. 31, 2024

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- and nine- month periods ended March 31, 2024 and 2023, were as follows:

	Pretax			Tax Effect		After-tax
Balance as of December 31, 2023	$	(32,042	)	$	6,729	$	(25,313	)
Unrealized holding losses on available-for-sale securities arising during the period		(3,772	)		792		(2,980	)
Amounts reclassified from accumulated other comprehensive income		1			—		1
Net current period other comprehensive loss		(3,771	)		792		(2,979	)
Balance as of March 31, 2024	$	(35,813	)	$	7,521	$	(28,292	)

	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 income		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 June 30, 2023	$	(37,925	)	$	7,964		$	(29,961	)
Unrealized holding gains on available-for-sale securities arising during the period		2,032			(426	)		1,606
Amounts reclassified from accumulated other comprehensive loss		80			(17	)		63		(a)(b)
Net current period other comprehensive income		2,112			(443	)		1,669
Balance as of March 31, 2024	$	(35,813	)	$	7,521		$	(28,292	)

	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 loss		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	)

(a) Securities (gains) losses, net

(b) Income tax expense