XML 38 R32.htm IDEA: XBRL DOCUMENT v3.24.0.1
Accumulated Other Comprehensive Loss (Tables)
9 Months Ended
Dec. 31, 2023
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Loss

The components of accumulated other comprehensive loss for the three and nine months ended December 31, 2023 and 2022 are as follows:

 

(dollars in thousands)

 

Unrealized Gains
and Losses on
Available-for-
Sale Debt
Securities

 

 

Defined Benefit
Pension Plans

 

 

Total

 

Three Months Ended December 31, 2023

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

(6,419

)

 

$

(389

)

 

$

(6,808

)

Other comprehensive income

 

 

2,190

 

 

 

 

 

 

2,190

 

Balance at end of period

 

$

(4,229

)

 

$

(389

)

 

$

(4,618

)

 

 

 

 

 

 

 

 

 

 

Three Months Ended December 31, 2022

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

(5,236

)

 

$

(1,656

)

 

$

(6,892

)

Other comprehensive income

 

 

197

 

 

 

15

 

 

 

212

 

Balance at end of period

 

$

(5,039

)

 

$

(1,641

)

 

$

(6,680

)

 

(dollars in thousands)

 

Unrealized Gains
and Losses on
Available-for-
Sale Debt
Securities

 

 

Defined Benefit
Pension Plans

 

 

Total

 

Nine Months Ended December 31, 2023

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

(4,718

)

 

$

(389

)

 

$

(5,107

)

Other comprehensive income

 

 

489

 

 

 

 

 

 

489

 

Balance at end of period

 

$

(4,229

)

 

$

(389

)

 

$

(4,618

)

 

 

 

 

 

 

 

 

 

 

Nine Months Ended December 31, 2022

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

(2,033

)

 

$

(1,692

)

 

$

(3,725

)

Other comprehensive (loss) income

 

 

(3,006

)

 

 

51

 

 

 

(2,955

)

Balance at end of period

 

$

(5,039

)

 

$

(1,641

)

 

$

(6,680

)

Schedule of Reclassifications out of Accumulated Other Comprehensive Loss

The following table summarizes the significant amounts reclassified out of each component of AOCI for three and nine months ended December 31, 2023 and 2022:

 

(dollars in thousands)

 

Three Months Ended December 31,

 

 

 

 

 

2023

 

 

2022

 

 

 

 

 

Amount Reclassified
from AOCI

 

 

 

Details about AOCI Components

 

 

 

 

 

 

 

 

Unrealized gains and losses on available-for-sale securities

 

$

2,772

 

 

$

251

 

 

Debt Securities gains, net

 

 

(582

)

 

 

(54

)

 

Income tax expense

 

$

2,190

 

 

$

197

 

 

Net income

 

 

 

 

 

 

 

 

 

Amortization of defined benefit pension items

 

 

 

 

 

 

 

 

Actuarial gains (losses)

 

$

 

 

$

19

 

 

Salaries and employee benefits

 

 

 

 

 

(4

)

 

Income tax expense

 

$

 

 

$

15

 

 

Net income

 

 

 

 

 

 

 

 

 

Total reclassification for the period

 

$

2,190

 

 

$

212

 

 

Net income

 

(dollars in thousands)

 

Nine Months Ended December 31,

 

 

 

 

 

2023

 

 

2022

 

 

 

 

 

Amount Reclassified
from AOCI

 

 

 

Details about AOCI Components

 

 

 

 

 

 

 

 

Unrealized gains and losses on available-for-sale securities

 

$

617

 

 

$

(3,800

)

 

Debt Securities gains (losses), net

 

 

(128

)

 

 

794

 

 

Income tax (expense) benefit

 

$

489

 

 

$

(3,006

)

 

Net income (loss)

 

 

 

 

 

 

 

 

 

Amortization of defined benefit pension items

 

 

 

 

 

 

 

 

Actuarial gains (losses)

 

$

 

 

$

59

 

 

Salaries and employee benefits

 

 

 

 

 

(8

)

 

Income tax expense

 

$

 

 

$

51

 

 

Net income

 

 

 

 

 

 

 

 

 

Total reclassification for the period

 

$

489

 

 

$

(2,955

)

 

Net income (loss)