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Benefit Plans (Tables)
9 Months Ended
Mar. 31, 2019
Compensation And Retirement Disclosure [Abstract]  
Schedule of Net Periodic Benefit Expense

The following table sets forth the aggregate net periodic benefit expense for the Bank’s Benefit Equalization Plan, Postretirement Welfare Plan, Directors’ Consultation and Retirement Plan and Atlas Bank Retirement Income Plan:

 

Three Months Ended

 

 

Nine Months Ended

 

 

Affected Line Item in the Consolidated

 

March 31,

 

 

March 31,

 

 

Statements of Income

 

2019

 

 

2018

 

 

2019

 

 

2018

 

 

 

 

 

 

(In Thousands)

 

 

 

 

 

Service cost

$

13

 

 

$

12

 

 

$

41

 

 

$

36

 

 

Salaries and employee benefits

Interest cost

 

95

 

 

 

93

 

 

 

283

 

 

 

279

 

 

Miscellaneous non-interest  expense

Amortization of unrecognized loss

 

11

 

 

 

11

 

 

 

33

 

 

 

34

 

 

Miscellaneous non-interest  expense

Expected return on assets

 

(28

)

 

 

(30

)

 

 

(84

)

 

 

(90

)

 

Miscellaneous non-interest  expense

Net periodic benefit cost

$

91

 

 

$

86

 

 

$

273

 

 

$

259

 

 

 

 

 

 

Schedule of Impact of Retrospective Application to Consolidated Statement of Income

The following table summarizes the impact of retrospective application to the Consolidated Statements of Income for the three and nine months ended March 31, 2018:

 

 

Three Months Ended

 

 

Nine Months Ended

 

 

March 31,

 

 

March 31,

 

 

 

2018

 

 

 

2018

 

 

(In Thousands)

 

Miscellaneous non-interest expense:

 

 

 

 

 

 

 

As previously reported

$

2,788

 

 

$

7,828

 

As reported under the new guidance

 

2,862

 

 

 

8,051

 

 

 

 

 

 

 

 

 

Salaries and employee benefits:

 

 

 

 

 

 

 

As previously reported

$

12,888

 

 

$

38,681

 

As reported under the new guidance

 

12,814

 

 

 

38,458