XML 45 R33.htm IDEA: XBRL DOCUMENT v3.24.1.1.u2
Accumulated Other Comprehensive Loss (Tables)
9 Months Ended
Mar. 31, 2024
Accumulated Other Comprehensive Loss [Abstract]  
Components of Accumulated Other Comprehensive Loss
The components of accumulated other comprehensive loss are presented as follows:

Activity for the three months ended March 31, 2024 and 2023
(In thousands)
 
Unrealized
losses on
securities
available-for-
sale
   
Pension
benefits
   
Total
 
Balance – December 31, 2022
 
$
(21,911
)
 
$
(1,115
)
 
$
(23,026
)
Other comprehensive income before reclassification
   
2,927
     
-
     
2,927
 
Other comprehensive income for the three months ended March 31, 2023
   
2,927
     
-
     
2,927
 
Balance – March 31, 2023
 
$
(18,984
)
 
$
(1,115
)
 
$
(20,099
)
 
                       
Balance – December 31, 2023
 
$
(18,193
)
 
$
(877
)
 
$
(19,070
)
Other comprehensive loss before reclassification
   
(1,347
)
   
-
     
(1,347
)
Other comprehensive loss for the three months ended March 31, 2024
   
(1,347
)
   
-
     
(1,347
)
Balance – March 31, 2024
 
$
(19,540
)
 
$
(877
)
 
$
(20,417
)

Activity for the nine months ended March 31, 2024 and 2023
(In thousands)
 
Unrealized
losses on
securities
available-for-
sale
   
Pension
benefits
   
Total
 
Balance – June 30, 2022
 
$
(17,268
)
 
$
(1,115
)
 
$
(18,383
)
Other comprehensive loss before reclassification
   
(1,900
)
   
-
     
(1,900
)
Amounts reclassified to net loss on sale of available-for-sale securities non-interest income
    251       -       251  
Tax expense effect
    67       -       67  
Net of tax
    184       -       184  
Other comprehensive loss for the nine months ended March 31, 2023
   
(1,716
)
   
-
     
(1,716
)
Balance – March 31, 2023
 
$
(18,984
)
 
$
(1,115
)
 
$
(20,099
)
 
                       
Balance – June 30, 2023
 
$
(20,531
)
 
$
(877
)
 
$
(21,408
)
Other comprehensive income before reclassification
   
991
     
-
     
991
 
Other comprehensive income for the nine months ended March 31, 2024
   
991
     
-
     
991
 
Balance – March 31, 2024
 
$
(19,540
)
 
$
(877
)
 
$
(20,417
)