XML 31 R21.htm IDEA: XBRL DOCUMENT v3.22.4
Comprehensive Income (Loss)
6 Months Ended
Dec. 31, 2022
Equity [Abstract]  
Comprehensive Income (Loss) COMPREHENSIVE INCOME (LOSS)
The components of accumulated other comprehensive loss included in stockholders’ equity at December 31, 2022 and June 30, 2022 are as follows:
December 31,
2022
June 30,
2022
(In Thousands)
Net unrealized loss on securities available for sale$(150,841)$(118,031)
Tax effect43,523 34,104 
Net of tax amount(107,318)(83,927)
Fair value adjustments on derivatives54,068 39,805 
Tax effect(15,680)(11,542)
Net of tax amount38,388 28,263 
Benefit plan adjustments(128)(89)
Tax effect37 26 
Net of tax amount(91)(63)
Total accumulated other comprehensive loss$(69,021)$(55,727)
Other comprehensive loss and related tax effects for the three months and six months ended December 31, 2022 and 2021 are presented in the following table:
Three Months Ended
December 31,
Six Months Ended
December 31,
2022202120222021
(In Thousands)
Net unrealized holding gain (loss) on securities available for sale$1,328 $(7,700)$(48,037)$(14,746)
Net realized loss (gain) on sale and call of securities available for sale (1)
15,227 — 15,227 (1)
Fair value adjustments on derivatives(6,287)6,616 14,263 8,267 
Benefit plans:
(Accretion) amortization of net actuarial (gain) loss (2)
(6)20 (12)40 
Net actuarial loss— — (27)— 
Net change in benefit plan accrued expense(6)20 (39)40 
Other comprehensive gain (loss) before taxes10,262 (1,064)(18,586)(6,440)
Tax effect (2,943)302 5,292 1,870 
Total other comprehensive income (loss)$7,319 $(762)$(13,294)$(4,570)
___________________________________
(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 10 - Benefit Plans for additional information.