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Post-Retirement Benefits (Tables)
9 Months Ended
Mar. 31, 2020
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, 2020 and 2019 (in thousands):

 

 

 

Three Months Ended

 

 

Three Months Ended

 

 

 

March 31, 2020

 

 

March 31, 2019

 

 

 

Defined

Benefit

Plan

 

 

Supplemental

Retirement

Plans

 

 

Defined

Benefit

Plan

 

 

Supplemental

Retirement

Plans

 

Service cost

 

$

-

 

 

$

90

 

 

$

-

 

 

$

78

 

Interest cost

 

 

180

 

 

 

28

 

 

 

250

 

 

 

36

 

Expected return on plan assets

 

 

(479

)

 

 

-

 

 

 

(513

)

 

 

-

 

Amortization of prior net loss

 

 

132

 

 

 

11

 

 

 

145

 

 

 

9

 

Net periodic cost (benefit)

 

$

(167

)

 

$

129

 

 

$

(118

)

 

$

123

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Nine Months Ended

 

 

Nine Months Ended

 

 

 

March 31, 2020

 

 

March 31, 2019

 

 

 

Defined

Benefit

Plan

 

 

Supplemental

Retirement

Plan

 

 

Defined

Benefit

Plan

 

 

Supplemental

Retirement

Plan

 

Service cost

 

$

-

 

 

$

248

 

 

$

-

 

 

$

373

 

Interest cost

 

 

540

 

 

 

89

 

 

 

750

 

 

 

88

 

Expected return on plan assets

 

 

(1,436

)

 

 

-

 

 

 

(1,539

)

 

 

-

 

Amortization of prior net loss

 

 

396

 

 

 

34

 

 

 

435

 

 

 

27

 

Settlement charges

 

 

272

 

 

 

-

 

 

 

-

 

 

 

-

 

Net periodic (benefit) cost

 

$

(228

)

 

$

371

 

 

$

(354

)

 

$

488

 

Shares Held by ESOP

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

 

 

 

March 31, 2020

 

 

June 30, 2019

 

Allocated to participants

 

 

304,645

 

 

 

234,059

 

Unearned

 

 

1,138,418

 

 

 

1,211,410

 

Total ESOP shares

 

 

1,443,063

 

 

 

1,445,469

 

 

 

 

 

 

 

 

 

 

Fair value of unearned shares

 

$

15,926

 

 

$

24,531