Other Comprehensive Income (Tables)

3 Months Ended

Sep. 30, 2022

Other Comprehensive Income

Schedule of changes in accumulated other comprehensive income by component

The changes in accumulated other comprehensive income (loss) by component for the three months ended September 30, 2022 and 2021, follows:

	Unrealized
	Gains and		Unrealized
	Losses on		Losses on
	Available		Held to
	for Sale Debt		Maturity Debt
	Securities		Securities		Total
September 30, 2022
Balance, beginning of period	$	(318,344)	$	(50,685)	$	(369,029)
Other comprehensive loss before reclassifications (net of tax)		(129,271)		—		(129,271)
Amortization of amounts transferred from debt securities available for sale to held to maturity (a)		—		1,461		1,461
Balance, end of period	$	(447,615)	$	(49,224)	$	(496,839)

(a) The reclassification adjustment is reflected in the Consolidated Statements of Income as Interest Income-Debt Securities.

	Unrealized
	Gains and		Unrealized
	Losses on		Losses on
	Available		Held to
	for Sale Debt		Maturity Debt
	Securities		Securities		Total
September 30, 2021
Balance, beginning of period	$	188,558	$	(67,891)	$	120,667
Other comprehensive loss before reclassifications (net of tax)		(4,186)		—		(4,186)
Amortization of amounts transferred from debt securities available for sale to held to maturity (a)		—		5,119		5,119
Balance, end of period	$	184,372	$	(62,772)	$	121,600

(a) The reclassification adjustment is reflected in the Consolidated Statements of Income as Interest Income-Debt Securities.