XML 114 R97.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Benefit Plans - Schedule of Net Funded Status (Details) - USD ($)
$ in Thousands
12 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2022
Change in benefit obligation:      
Service cost $ 77 $ 281 $ 547
Interest cost 369 369 279
Atlas Bank Retirement Income Plan ("ABRIP")      
Change in benefit obligation:      
Projected benefit obligation - beginning 1,700 1,816  
Interest cost 81 78 62
Actuarial gain (51) (46)  
Benefit payments (160) (148)  
Projected benefit obligation - ending 1,570 1,700 1,816
Change in plan assets:      
Fair value of assets - beginning 2,717 2,907  
Actual return on assets 92 (42)  
Premiums/claims paid (160) (148)  
Fair value of assets - ending 2,649 2,717 2,907
Reconciliation of funded status:      
Projected benefit obligation (1,570) (1,700) (1,816)
Fair value of assets 2,649 2,717 2,907
Funded status included in other assets / liabilities 1,079 1,017  
Accumulated benefit obligation $ (1,570) $ (1,700)  
Valuation assumptions      
Discount rate 5.50% 5.00%  
Benefit Equalization Plan ("BEP")      
Change in benefit obligation:      
Projected benefit obligation - beginning $ 2,425 $ 2,592  
Interest cost 115 111 86
Actuarial gain (40) (34)  
Benefit payments (246) (244) (241)
Projected benefit obligation - ending 2,254 2,425 2,592
Change in plan assets:      
Fair value of assets - beginning 0 0  
Contributions 246 244 241
Premiums/claims paid (246) (244)  
Fair value of assets - ending 0 0 0
Reconciliation of funded status:      
Projected benefit obligation (2,254) (2,425) (2,592)
Fair value of assets 0 0 0
Funded status included in other assets / liabilities (2,254) (2,425)  
Accumulated benefit obligation $ (2,254) $ (2,425)  
Valuation assumptions      
Discount rate 5.50% 5.00%  
Postretirement Welfare Plan      
Change in benefit obligation:      
Projected benefit obligation - beginning $ 1,036 $ 1,085  
Service cost 79 95 116
Interest cost 50 48 33
Actuarial gain (90) (214)  
Benefit payments (13) (13) (12)
Plan amendments 0 35  
Projected benefit obligation - ending 1,062 1,036 1,085
Change in plan assets:      
Fair value of assets - beginning 0 0  
Contributions 13 13 12
Premiums/claims paid (13) (13)  
Fair value of assets - ending 0 0 0
Reconciliation of funded status:      
Projected benefit obligation (1,062) (1,036) (1,085)
Fair value of assets 0 0 0
Funded status included in other assets / liabilities $ (1,062) $ (1,036)  
Valuation assumptions      
Discount rate 5.50% 5.00%  
Salary increase rate 3.25% 3.25%  
Directors' Consultation and Retirement Plan ("DCRP")      
Change in benefit obligation:      
Projected benefit obligation - beginning $ 2,520 $ 2,646  
Interest cost 124 117 92
Actuarial gain (181) (194)  
Benefit payments (49) (49)  
Projected benefit obligation - ending 2,414 2,520 2,646
Change in plan assets:      
Fair value of assets - beginning 0 0  
Contributions 49 49 49
Premiums/claims paid (49) (49)  
Fair value of assets - ending 0 0 0
Reconciliation of funded status:      
Projected benefit obligation (2,414) (2,520) (2,646)
Fair value of assets 0 0 0
Funded status included in other assets / liabilities (2,414) (2,520)  
Accumulated benefit obligation $ (2,414) $ (2,520)  
Valuation assumptions      
Discount rate 5.50% 5.00%  
Supplemental Executive Retirement Plan (SERP)      
Change in benefit obligation:      
Projected benefit obligation - beginning $ 633 $ 437  
Service cost 0 185  
Interest cost 0 11  
Projected benefit obligation - ending 633 633 437
Change in plan assets:      
Fair value of assets - beginning 0    
Fair value of assets - ending 0 0  
Reconciliation of funded status:      
Projected benefit obligation (633) (633) $ (437)
Fair value of assets 0 0  
Funded status included in other assets / liabilities $ (633) $ (633)  
Valuation assumptions      
Discount rate 0.00% 3.00%