OTHER COMPREHENSIVE INCOME (Tables)

12 Months Ended

Jun. 30, 2022

OTHER COMPREHENSIVE 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					Affected Line Item in the Statement
Comprehensive Loss Components					Where Net Income is Presented
	Year Ended
	June 30,
	2022		2021
Unrealized gains/losses on securities (before tax):
Net gains included in net income	$	38	$	—	Net gain on securities transactions
Tax expense		(9)		—	Income tax expense
Net of tax		29		—
Amortization of defined benefit plan items (before tax):
Settlement recognition		(334)		—	Salaries and employee benefits
Net actuarial loss		—		(1,698)	Salaries and employee benefits
Tax benefit		87		443	Income tax expense
Net of tax		(247)		(1,255)
Total reclassification for the period, net of tax	$	(218)	$	(1,255)

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 Year Ended June 30,
					Accumulated
	Unrealized				Other
	Gains/Losses		Defined		Comprehensive
	on Securities		Benefit Plans		Loss
2022:
Accumulated other comprehensive loss as of July l, 2021	$	164		(5,289)	$	(5,125)
Other comprehensive loss before reclassifications		(11,007)		4,734		(6,273)
Amounts reclassified from accumulated other comprehensive income		(29)		247		218
Accumulated other comprehensive loss as of June 30, 2022	$	(10,872)	$	(308)	$	(11,180)
2021:
Accumulated other comprehensive loss as of July l, 2020		380		(17,750)		(17,370)
Other comprehensive loss before reclassifications		(216)		11,206		10,990
Amounts reclassified from accumulated other comprehensive income		—		1,255		1,255
Accumulated other comprehensive loss as of June 30, 2021	$	164	$	(5,289)	$	(5,125)

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 Year Ended
	June 30,
	2022		2021
Unrealized losses on securities:
Unrealized holdings losses arising during the period	$	(3,896)	$	(76)
Reclassification adjustment for gains included in net income		(9)		—
		(3,905)		(76)
Defined benefit plans:
Change in funded status		1,676		3,966
Reclassification adjustment for settlement recognition		87		—
Reclassification adjustment for amortization of net actuarial loss		—		443
		1,763		4,409
	$	(2,142)	$	4,333