XML 35 R26.htm IDEA: XBRL DOCUMENT v3.22.1
Post-Retirement Benefits (Tables)
9 Months Ended
Mar. 31, 2022
Compensation And Retirement Disclosure [Abstract]  
Schedule of Net Periodic Benefit Cost and Other Amounts Recognized in Other Comprehensive Income

Net periodic benefit cost and other amounts recognized in other comprehensive income for the three and nine months ended March 31, 2022 and 2021 (in thousands):

 

 

 

Three Months Ended

 

 

Three Months Ended

 

 

 

March 31, 2022

 

 

March 31, 2021

 

 

 

Defined
Benefit
Plan

 

 

Supplemental
Retirement
Plans

 

 

Defined
Benefit
Plan

 

 

Supplemental
Retirement
Plans

 

Service cost

 

$

-

 

 

$

82

 

 

$

-

 

 

$

130

 

Interest cost

 

 

149

 

 

 

25

 

 

 

136

 

 

 

18

 

Expected return on plan assets

 

 

(509

)

 

 

-

 

 

 

(454

)

 

 

-

 

Amortization of prior net loss

 

 

38

 

 

 

17

 

 

 

240

 

 

 

14

 

Settlement charges

 

 

-

 

 

 

-

 

 

 

65

 

 

 

-

 

Net periodic (benefit) cost

 

$

(322

)

 

$

124

 

 

$

(13

)

 

$

162

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended

 

 

Nine Months Ended

 

 

 

March 31, 2022

 

 

March 31, 2021

 

 

 

Defined
Benefit
Plan

 

 

Supplemental
Retirement
Plan

 

 

Defined
Benefit
Plan

 

 

Supplemental
Retirement
Plan

 

Service cost

 

$

-

 

 

$

343

 

 

$

-

 

 

$

311

 

Interest cost

 

 

446

 

 

 

60

 

 

 

409

 

 

 

65

 

Expected return on plan assets

 

 

(1,528

)

 

 

-

 

 

 

(1,365

)

 

 

-

 

Amortization of prior net loss

 

 

113

 

 

 

49

 

 

 

719

 

 

 

42

 

Settlement charges

 

 

-

 

 

 

-

 

 

 

158

 

 

 

-

 

Net periodic (benefit) cost

 

$

(969

)

 

$

452

 

 

$

(79

)

 

$

418

 

Shares Held by ESOP

Shares held by the ESOP include the following (Dollars in thousands):

 

 

March 31, 2022

 

 

June 30, 2021

 

Allocated to participants

 

494,510

 

 

 

417,902

 

Unearned

 

944,921

 

 

 

1,017,648

 

Total ESOP shares

 

1,439,431

 

 

 

1,435,550

 

 

 

 

 

 

 

Fair value of unearned shares

$

18,057

 

 

$

18,491