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Benefit Plans (Tables)
9 Months Ended
Mar. 31, 2022
Retirement Benefits [Abstract]  
Schedule of Net Periodic Benefit Expense

Components of Net Periodic Expense

The following table sets forth the aggregate net periodic benefit expense for the Bank’s Benefit Equalization Plan, Postretirement Welfare Plan, Directors’ Consultation and Retirement Plan and Atlas Bank Retirement Income Plan:

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

Affected Line Item in the Consolidated

 

March 31,

 

 

March 31,

 

 

Statements of Income

 

2022

 

 

2021

 

 

2022

 

 

2021

 

 

 

 

 

 

(In Thousands)

 

 

(In Thousands)

 

 

 

 

 

Service cost

$

29

 

 

$

26

 

 

$

87

 

 

$

79

 

 

Salaries and employee benefits

Interest cost

 

67

 

 

 

66

 

 

 

205

 

 

 

197

 

 

Other expense

Amortization of unrecognized loss

 

20

 

 

 

20

 

 

 

60

 

 

 

62

 

 

Other expense

Expected return on assets

 

(27

)

 

 

(28

)

 

 

(83

)

 

 

(85

)

 

Other expense

Net periodic benefit cost

$

89

 

 

$

84

 

 

$

269

 

 

$

253