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Employee Benefit Plans (Tables)
 12 Months Ended
Jun. 30, 2018
Employee Benefit Plans [Abstract]  
Information Regarding Single-Employer Defined Benefit Pension Plan
Information regarding the single-employer defined benefit pension plan at June 30, 2018 and 2017 is as follows:

(In thousands)
      
Change in projected benefit obligation:
 
2018
  
2017
 
Benefit obligation at beginning of period
 
$
5,867
  
$
6,171
 
Interest cost
  
219
   
215
 
Actuarial loss
  
(250
)
  
(298
)
Benefits paid
  
(426
)
  
(221
)
Benefit obligation at June 30
  
5,410
   
5,867
 
         
Change in fair value of plan assets:
        
Fair value of plan assets at beginning of period
  
5,058
   
4,391
 
Actual return on plan assets
  
219
   
312
 
Employer contributions
  
-
   
576
 
Benefits paid
  
(426
)
  
(221
)
Fair value of plan assets at June 30
 
 
4,851
  
 
5,058
 
Underfunded status at June 30 included in other liabilities
 
$
559
  
$
809
 
Net Periodic Pension Costs
The components of net periodic pension costs related to the defined benefit pension plan for the years ended June 30, 2018 and 2017 were as follows:

(In thousands)
 
2018
  
2017
 
Interest cost
 
$
219
  
$
215
 
Expected return on plan assets
  
(247
)
  
(231
)
Amortization of net loss
  
168
   
197
 
Net periodic pension expense
 
$
140
  
$
181
 
Amounts Recognized in Other Comprehensive Loss
Changes in plan assets and benefit obligations recognized in other comprehensive loss during the years ended June 30, 2018 and 2017 consisted of the following:

(In thousands)
 
2018
  
2017
 
Actuarial gain on plan assets and benefit obligations
 
$
(389
)
 
$
(576
)
Deferred tax expense
  
(102
)
  
(233
)
Net change in plan assets and benefit obligations recognized in other comprehensive income
 
$
(287
)
 
$
(343
)
Amounts Recognized in Financial Condition
Amounts recognized in our consolidated statements of financial condition related to our pension plan for the years ended June 30, 2018 and 2017 are as follows:

(In thousands)
 
Other liabilities:
2018
 
2017
 
Projected benefit obligation in excess of fair value of pension plan
 
$
559
  
$
809
 
Accumulated other comprehensive loss, net of taxes:
        
Net losses and past service liability
 
$
(1,633
)
 
$
(1,604
)
Assumptions Used
The principal actuarial assumptions used were as follows:

Projected benefit obligation:
 
2018
  
2017
 
Discount rate
  
4.09
%
  
3.81
%
Net periodic pension expense:
        
Amortization period, in years
  
11
   
12
 
Discount rate
  
3.81
%
  
3.55
%
Expected long-term rate of return on plan assets
  
5.00
%
  
5.00
%
Allocation of Plan Assets
The weighted average asset allocation and fair value of our funded pension plan at June 30, 2018 and 2017 was as follows:

(Dollars in thousands)
  
2018
Fair Value
    
2017
Fair Value
  
Money market accounts
 
$
-
   
-
%
 
$
-
   
-
%
Mutual funds
  
4,851
   
100.0
   
5,058
   
100.0
 
Total plan assets
 
$
4,851
   
100.0
%
 
$
5,058
   
100.0
%
Expected Benefit Payments
Expected benefit payments under the pension plan over the next ten years at June 30, 2018 are as follows:

(In thousands)
   
2019
 
$
272
 
2020
  
226
 
2021
  
231
 
2022
  
235
 
2023
  
235
 
2024-2028
  
1,238