Accumulated Other Comprehensive Loss (AOCL)

12 Months Ended

Jun. 30, 2025

Accumulated Other Comprehensive Loss (AOCL)

Accumulated Other Comprehensive Loss (AOCL)

NOTE 11: Accumulated Other Comprehensive Loss (AOCL)

The components of AOCL, included in stockholders’ equity, are as follows:

	June 30,
(dollars in thousands)	2025		2024
Net unrealized loss on securities available-for-sale	$	(14,551)	$	(22,339)
Unrealized loss from defined benefit pension plan		(25)		(27)
		(14,576)		(22,366)
Tax effect		3,198		4,911
Net of tax amount	$	(11,378)	$	(17,455)

Amounts reclassified from AOCL and the affected line items in the consolidated statements of income during the years ended June 30, 2025 and 2024, were as follows:

	Amounts Reclassified From AOCI
(dollars in thousands)					Affected Line Item in the Condensed
	2025		2024		Consolidated Statements of Income
Unrealized gain (loss) on securities available-for-sale	$	48	$	(1,489)		Net realized gains (losses) on sale of AFS securities
Amortization of defined benefit pension items	$	2	$	5		Compensation and benefits (included in computation of net periodic pension costs)
Total reclassified amount before tax		50		(1,484)
Tax benefit		11		(312)		Provision for income tax
Total reclassification out of AOCI	$	40	$	(1,172)		Net Income