Other Comprehensive Income (Loss) (Tables)

9 Months Ended

Mar. 31, 2020

Equity [Abstract]

Summary of Accumulated Other Comprehensive Income (Loss)

The following is a summary of the accumulated other comprehensive income (loss) balances, net of tax (in thousands):

	Net unrealized gain (loss) on available for sale securities			Unrealized loss on pension benefits			Unrealized loss on SERP benefits			Total
Balance at January 1, 2020	$	(34	)	$	(4,207	)	$	(233	)	$	(4,474	)
Other comprehensive income before reclassifications		186			-			-			186
Amounts reclassified from accumulated other comprehensive income		(20	)		132			11			123
Less tax effect		(35	)		(27	)		(3	)		(65	)
Net other comprehensive income		131			105			8			244
Balance at March 31, 2020	$	97		$	(4,102	)	$	(225	)	$	(4,230	)
	Net unrealized gain (loss) on available for sale securities			Unrealized loss on pension benefits			Unrealized loss on SERP benefits			Total
Balance at January 1, 2019	$	(1,300	)	$	(4,921	)	$	(250	)	$	(6,471	)
Other comprehensive income before reclassifications		757			-			-			757
Amounts reclassified from accumulated other comprehensive income		-			145			9			154
Less tax effect		(160	)		(30	)		(1	)		(191	)
Net other comprehensive income		597			115			8			720
Balance at March 31, 2019	$	(703	)	$	(4,806	)	$	(242	)	$	(5,751	)
	Net unrealized gain (loss) on available for sale securities			Unrealized loss on pension benefits			Unrealized loss on SERP benefits			Total
Balance at July 1, 2019	$	(209	)	$	(4,631	)	$	(250	)	$	(5,090	)
Other comprehensive income before reclassifications		406			-			-			406
Amounts reclassified from accumulated other comprehensive income		(20	)		668			34			682
Tax effect		(80	)		(139	)		(9	)		(228	)
Net other comprehensive income		306			529			25			860
Balance at March 31, 2020	$	97		$	(4,102	)	$	(225	)	$	(4,230	)
	Net unrealized gain (loss) on available for sale securities			Unrealized loss on pension benefits			Unrealized loss on SERP benefits			Total
Balance at July 1, 2018	$	(1,536	)	$	(5,150	)	$	(264	)	$	(6,950	)
Other comprehensive income before reclassifications		1,110			-			-			1,110
Amounts reclassified from accumulated other comprehensive income		(55	)		435			27			407
Tax effect		(222	)		(91	)		(5	)		(318	)
Net other comprehensive income		833			344			22			1,199
Balance at March 31, 2019	$	(703	)	$	(4,806	)	$	(242	)	$	(5,751	)