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EMPLOYEE BENEFIT PLANS (Tables)
9 Months Ended
Mar. 31, 2020
Pension plan  
EMPLOYEE BENEFIT PLANS  
Summary of net periodic cost included in the Company’s consolidated statements of income

Net periodic pension cost included in the Company’s consolidated statements of operations included the following components (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Three Months Ended

 

For the Nine Months Ended

 

 

March 31, 

 

March 31, 

 

    

2020

    

2019

    

2020

    

2019

Service cost

 

$

563

 

$

431

 

$

1,689

 

$

1,050

Interest cost

 

 

492

 

 

314

 

 

1,476

 

 

1,281

Expected return on plan assets

 

 

(926)

 

 

(573)

 

 

(2,777)

 

 

(2,349)

Amortization of net actuarial loss

 

 

270

 

 

73

 

 

810

 

 

508

Net periodic pension cost

 

$

399

 

$

245

 

$

1,198

 

$

490

 

Post-retirement benefit plan  
EMPLOYEE BENEFIT PLANS  
Summary of net periodic cost included in the Company’s consolidated statements of income

Net periodic post-retirement benefit cost included in the Company’s consolidated statements of operations included the following components (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

For the Three Months Ended

 

For the Nine Months Ended

 

 

March 31, 

 

March 31, 

 

    

2020

    

2019

    

2020

    

2019

Service cost

 

$

 9

 

$

 7

 

$

27

 

$

21

Interest cost

 

 

16

 

 

17

 

 

48

 

 

50

Amortization of net actuarial loss

 

 

 1

 

 

 —

 

 

 2

 

 

 —

Net periodic post-retirement benefit cost

 

$

26

 

$

24

 

$

77

 

$

71

 

Schedule of shares held by the ESOP

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

 

 

 

 

    

March 31, 2020

Allocated

 

50,916

Committed to be allocated

 

12,729

Unallocated

 

954,680

 Total Shares

 

1,018,325