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COMPREHENSIVE LOSS (Tables)
3 Months Ended
Sep. 30, 2023
Equity [Abstract]  
Schedule of Accumulated Other Comprehensive Income (Loss)
The components of accumulated other comprehensive loss included in stockholders’ equity at September 30, 2023 and June 30, 2023 are as follows:
September 30,
2023
June 30,
2023
(In Thousands)
Net unrealized loss on securities available for sale$(184,640)$(156,138)
Tax effect53,285 45,018 
Net of tax amount(131,355)(111,120)
Fair value adjustments on derivatives63,052 58,414 
Tax effect(18,285)(16,940)
Net of tax amount44,767 41,474 
Benefit plan adjustments158 268 
Tax effect(46)(78)
Net of tax amount112 190 
Total accumulated other comprehensive loss$(86,476)$(69,456)
Schedule of Comprehensive (Loss) Income
Other comprehensive loss and related tax effects for the three months ended September 30, 2023 and 2022 are presented in the following table:
Three Months Ended
September 30,
20232022
(In Thousands)
Net unrealized holding loss on securities available for sale$(28,502)$(49,365)
Fair value adjustments on derivatives4,638 20,550 
Benefit plans:
Accretion of net actuarial gain (1)
(15)(6)
Net actuarial loss(95)(27)
Net change in benefit plan accrued expense(110)(33)
Other comprehensive loss before taxes(23,974)(28,848)
Tax effect 6,954 8,235 
Total other comprehensive loss$(17,020)$(20,613)
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(1)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.