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OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

6 Months Ended

Dec. 31, 2023

OTHER COMPREHENSIVE INCOME (LOSS)

Schedule of reclassifications out of accumulated other comprehensive loss

Reclassifications out of accumulated other comprehensive income (loss) were as follows (dollars in thousands):


Details About Accumulated Other		Amount Reclassified from Accumulated												Affected Line Item in the Statement
Comprehensive Income Components		Other Comprehensive Income (Loss)												Where Net Income is Presented
		Three Months Ended						Six Months Ended
		December 31,						December 31,
		2023			2022			2023			2022
Unrealized gains/losses on securities (before tax):
Net losses included in net income		$	5,645		$	—		$	5,645		$	—		Net loss on securities transactions
Tax benefit			(1,475)			—			(1,475)			—		Income tax expense
Net of tax			4,170			—			4,170			—

Amortization of defined benefit plan items (before tax):
Net actuarial gain			—			—			—			—
Settlement recognition			—			—			—			—		Salaries and employee benefits
Tax benefit			—			—			—			—		Income tax expense
Net of tax			—			—			—			—
Total reclassification for the period, net of tax		$	4,170		$	—		$	4,170		$	—

Schedule of changes in components of accumulated other comprehensive income (loss), net of tax


Details About Accumulated Other		Amount Reclassified from Accumulated												Affected Line Item in the Statement
Comprehensive Income Components		Other Comprehensive Income (Loss)												Where Net Income is Presented
		Three Months Ended						Six Months Ended
		December 31,						December 31,
		2023			2022			2023			2022
Unrealized gains/losses on securities (before tax):
Net losses included in net income		$	5,645		$	—		$	5,645		$	—		Net loss on securities transactions
Tax benefit			(1,475)			—			(1,475)			—		Income tax expense
Net of tax			4,170			—			4,170			—

Amortization of defined benefit plan items (before tax):
Net actuarial gain			—			—			—			—
Settlement recognition			—			—			—			—		Salaries and employee benefits
Tax benefit			—			—			—			—		Income tax expense
Net of tax			—			—			—			—
Total reclassification for the period, net of tax		$	4,170		$	—		$	4,170		$	—

Schedule of income tax expense (benefit) allocated to component of other comprehensive income (loss)

The amounts of income tax expense (benefit) allocated to each component of other comprehensive income (loss) were as follows (dollars in thousands):


		For the Three Months Ended
		December 31,
		2023			2022
Unrealized gains on securities:
Unrealized holdings gains arising during the period		$	1,612		$	601
Reclassification adjustment for losses included in net income			1,475			—
			3,087			601
Defined benefit plans:
Change in funded status			—			—
Reclassification adjustment for amortization of net actuarial loss			—			—
			—			—
		$	3,087		$	601


		For the Six Months Ended
		December 31,
		2023			2022
Unrealized gains (losses) on securities:
Unrealized holdings gains (losses) arising during the period		$	1,975		$	(1,621)
Reclassification adjustment for losses included in net income			1,475			—
			3,450			(1,621)
Defined benefit plans:
Change in funded status			—			—
Reclassification adjustment for amortization of net actuarial gain			—			—
Reclassification adjustment for settlement recognition			—			—
			—			—
		$	3,450		$	(1,621)