OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

9 Months Ended

Mar. 31, 2020

OTHER COMPREHENSIVE INCOME (LOSS)

Schedule of reclassifications out of accumulated other comprehensive loss

Reclassifications out of accumulated other comprehensive loss were as follows (dollars in thousands):

Details About Accumulated Other	AmountReclassifiedfromAccumulated								AffectedLineIteminthe Statement
Comprehensive Loss Components	OtherComprehensiveLoss								WhereNetIncomeis Presented
	Three Months Ended				Nine Months Ended
	March 31,				March 31,
	2020		2019		2020		2019
Unrealized gains/losses on securities (before tax):
Net gains included in net income	$	83	$	—	$	134	$	—	Net gain on available for sale securities transactions
Tax expense		(22)		—		(35)		—	Income tax expense
Net of tax		61		—		99		—
Amortization of defined benefit plan items (before tax):
Net actuarial loss		—		—		—		—	Salaries and employee benefits
Tax benefit		—		—		—		—	Income tax expense
Net of tax		—		—		—		—
Total reclassification for the period, net of tax	$	61	$	—	$	99	$	—

Schedule of changes in components of accumulated other comprehensive income (loss), net of tax

The balances and changes in the components of accumulated other comprehensive income (loss), net of tax are as follows (dollars in thousands):

	For the Three Months Ended March 31,
					Accumulated
	Unrealized				Other
	Gains/Losses		Defined		Comprehensive
	on Securities		Benefit Plans		Loss
2020:
Accumulated other comprehensive income (loss) as of January 1, 2020	$	(11)		(11,441)	$	(11,452)
Other comprehensive income (loss) before reclassifications		(412)		—		(412)
Amounts reclassified from accumulated other comprehensive income (loss)		(61)		—		(61)
Accumulated other comprehensive income (loss) as of March 31, 2020	$	(484)		(11,441)	$	(11,925)
2019:
Accumulated other comprehensive income (loss) as of January 1, 2019	$	(502)		(9,399)	$	(9,901)
Other comprehensive income (loss) before reclassifications		590		—		590
Accumulated other comprehensive income (loss) as of March 31, 2019	$	88		(9,399)	$	(9,311)

	For the Nine Months Ended March 31,
					Accumulated
	Unrealized				Other
	Gains/Losses		Defined		Comprehensive
	on Securities		Benefit Plans		Loss
2020:
Accumulated other comprehensive income (loss) as of July l, 2019	$	338		(11,441)	$	(11,103)
Other comprehensive income (loss) before reclassifications		(124)		—		(124)
Amounts reclassified from accumulated other comprehensive income (loss)		(99)		—		(99)
Reclassification for change in accounting principle (1)		(599)		—		(599)
Accumulated other comprehensive income (loss) as of March 31, 2020		(484)		(11,441)		(11,925)
2019:
Accumulated other comprehensive income (loss) as of July l, 2018		410		(9,399)		(8,989)
Other comprehensive income (loss) before reclassifications		(322)		—		(322)
Accumulated other comprehensive income (loss) as of March 31, 2019	$	88		(9,399)	$	(9,311)

(1) Adoption of ASU 2016-01 – cumulative effect of change in measurement of equity securities.

Schedule of income tax expense (benefit) allocated to component of other comprehensive income (loss)

The amounts of income tax expense (benefit) allocated to each component of other comprehensive income (loss) were as follows (dollars in thousands):

	For the Three Months Ended
	March 31,
	2020		2019
Unrealized gains/losses on securities:
Unrealized holdings (losses) gains arising during the period	$	(146)	$	209
Reclassification adjustment for gains included in net income		(22)		—
		(168)		209
Defined benefit plans:
Change in funded status		—		—
Reclassification adjustment for accretion of net prior service cost		—		—
Reclassification adjustment for amortization of net actuarial loss		—		—
		—		—
	$	(168)	$	209

	For the Nine Months Ended
	March 31,
	2020		2019
Unrealized gains/losses on securities:
Unrealized holdings (losses) gains arising during the period	$	(45)	$	(114)
Reclassification adjustment for gains included in net income		(35)		—
		(80)		(114)
Defined benefit plans:
Change in funded status		—		—
Reclassification adjustment for amortization of net actuarial loss		—		—
		—		—
	$	(80)	$	(114)