OTHER COMPREHENSIVE INCOME (LOSS)

6 Months Ended

Dec. 31, 2022

OTHER COMPREHENSIVE INCOME (LOSS)

OTHER COMPREHENSIVE INCOME (LOSS)

8.OTHER COMPREHENSIVE INCOME (LOSS)

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

Details About Accumulated Other	Amount Reclassified from Accumulated								Affected Line Item in the Statement
Comprehensive Income (Loss) Components	Other Comprehensive Loss								Where Net Income is Presented
	Three Months Ended				Six Months Ended
	December 31,				December 31,
	2022		2021		2022		2021
Unrealized gains/losses on securities (before tax):
Net gains included in net income	$	—	$	—	$	—	$	4	Net gain on securities transactions
Tax expense		—		—		—		(1)	Income tax expense
Net of tax		—		—		—		3
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	$	—	$	—	$	—	$	3

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

	For the Three Months Ended December 31,
					Accumulated
	Unrealized				Other
	Gains/Losses		Defined		Comprehensive
	on Securities		Benefit Plans		Loss
2022:
Accumulated other comprehensive loss as of October 1, 2022	$	(17,146)	$	(308)	$	(17,454)
Other comprehensive income before reclassifications		1,699		—		1,699
Accumulated other comprehensive loss as of December 31, 2022	$	(15,447)	$	(308)	$	(15,755)
2021:
Accumulated other comprehensive loss as of October 1, 2021	$	(23)	$	(5,289)	$	(5,312)
Other comprehensive loss before reclassifications		(1,551)		—		(1,551)
Accumulated other comprehensive loss as of December 31, 2021	$	(1,574)	$	(5,289)	$	(6,863)

	For the Six Months Ended December 31,
					Accumulated
	Unrealized				Other
	Gains/Losses		Defined		Comprehensive
	on Securities		Benefit Plans		Loss
2022:
Accumulated other comprehensive loss as of July l, 2022	$	(10,872)	$	(308)	$	(11,180)
Other comprehensive loss before reclassifications		(4,575)		—		(4,575)
Accumulated other comprehensive loss as of December 31, 2022	$	(15,447)	$	(308)	$	(15,755)
2021:
Accumulated other comprehensive loss as of July l, 2021	$	164	$	(5,289)	$	(5,125)
Other comprehensive loss before reclassifications		(1,735)		—		(1,735)
Amounts reclassified from accumulated other comprehensive loss		(3)		—		(3)
Accumulated other comprehensive loss as of December 31, 2021	$	(1,574)	$	(5,289)	$	(6,863)

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
	December 31,
	2022		2021
Unrealized gains (losses) on securities:
Unrealized holdings gains (losses) arising during the period	$	601	$	(548)
Reclassification adjustment for gains included in net income		—		—
		601		(548)
Defined benefit plans:
Change in funded status		—		—
Reclassification adjustment for amortization of net actuarial loss		—		—
		—		—
	$	601	$	(548)

	For the Six Months Ended
	December 31,
	2022		2021
Unrealized losses on securities:
Unrealized holdings losses arising during the period	$	(1,621)	$	(614)
Reclassification adjustment for gains included in net income		—		(1)
		(1,621)		(615)
Defined benefit plans:
Change in funded status		—		—
Reclassification adjustment for amortization of net actuarial loss		—		—
		—		—
	$	(1,621)	$	(615)