Other Comprehensive Income (Loss) (Tables)

6 Months Ended

Dec. 31, 2022

Other Comprehensive Income (Loss)

Schedule of changes in accumulated other comprehensive income (loss) by component

The changes in accumulated other comprehensive income (loss) by component for the six months ended December 31, 2022 and 2021, follows:

	Unrealized
	Gains and		Unrealized
	Losses on		Losses on
	Available		Held to
	for Sale Debt		Maturity Debt
	Securities		Securities		Total
Six Months Ended December 31, 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, September 30, 2022		(447,615)		(49,224)		(496,839)
Other comprehensive losses before reclassifications (net of tax)		(199,467)		—		(199,467)
Amortization of amounts transferred from debt securities available for sale to held to maturity (a)		—		1,345		1,345
Amounts reclassified from accumulated other comprehensive loss, (net of tax) (b)		(17,462)		—		(17,462)
Balance, December 31, 2022	$	(664,544)	$	(47,879)	$	(712,423)

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

(b) The reclassification adjustment is reflected in the Consolidated Statements of Income as Net Gain on Securities Transactions ($24,000) and Provision for Income Taxes ($6,538).

	Unrealized
	Gains and		Unrealized
	Losses on		Losses on
	Available		Held to
	for Sale Debt		Maturity Debt
	Securities		Securities		Total
Six Months Ended December 31, 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, September 30, 2021		184,372		(62,772)		121,600
Other comprehensive loss before reclassifications (net of tax)		(47,240)		—		(47,240)
Amortization of amounts transferred from debt securities available for sale to held to maturity (a)		(10,185)		—		(10,185)
Amounts reclassified from accumulated other comprehensive income, (net of tax) (b)		—		4,217		4,217
Balance, December 31, 2021	$	126,947	$	(58,555)	$	68,392

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

(b) The reclassification adjustment is reflected in the Consolidated Statements of Income as Net Gain on Securities Transactions ($14,000) and Provision for Income Taxes of ($3,815).