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Comprehensive Income
 12 Months Ended
Jun. 30, 2023
Comprehensive Income (Loss), Net of Tax, Attributable to Parent [Abstract]  
Comprehensive Income Comprehensive Income
The components of accumulated other comprehensive (loss) income included in stockholders’ equity are as follows:
June 30,
20232022
(In Thousands)
Net unrealized loss on securities available for sale$(156,138)$(118,031)
Tax effect45,018 34,104 
Net of tax amount(111,120)(83,927)
Fair value adjustments on derivatives58,414 39,805 
Tax effect(16,940)(11,542)
Net of tax amount41,474 28,263 
Benefit plan adjustments268 (89)
Tax effect(78)26 
Net of tax amount190 (63)
Total accumulated other comprehensive loss$(69,456)$(55,727)
Other comprehensive (loss) income and related tax effects are presented in the following table:
Years Ended June 30,
202320222021
(In Thousands)
Net unrealized loss on securities available for sale$(53,334)$(128,601)$(11,704)
Net realized loss (gain) on securities available for sale (1)
15,227 559 (767)
Fair value adjustments on derivatives18,609 40,117 19,106 
Benefit plans:
(Accretion) amortization of actuarial (gain) loss (2)
(24)80 83 
Net actuarial gain381 924 236 
Net change in benefit plan accrued expense357 1,004 319 
Other comprehensive (loss) income before taxes(19,141)(86,921)6,954 
Tax effect5,412 25,050 (2,067)
Total other comprehensive (loss) income$(13,729)$(61,871)$4,887 
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(1)Represents amounts reclassified out of accumulated other comprehensive (loss) income and included in gain on sale of securities on the Consolidated Statements of Income.
(2)Represents amounts reclassified out of accumulated other comprehensive (loss) income and included in the computation of net periodic pension expense. See Note 13 – Benefit Plans for additional information.