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v3.22.2.2

Employee Benefits (Tables) | 12 Months Ended
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Jun. 30, 2022
Retirement Benefits [Abstract] |
Plan's Funded Status and Pension Cost | The Company uses a June 30 measurement date for the plan. Information about the plan’s funded status and pension cost follows:
|  | 2022 |  |  | 2021 |
Change in benefit obligation |  |  |  |  |  |  |  |
Beginning of year |  | $ | 3,065 |  |  | $ | 3,306 |
Service cost |  |  | 48 |  |  |  | 56 |
Interest cost |  |  | 79 |  |  |  | 75 |
Actuarial gain (loss) |  |  | (449 | ) |  |  | (268 | )
Benefits paid |  |  | (123 | ) |  |  | (104 | )
End of year |  | $ | 2,620 |  |  | $ | 3,065 |
Significant Balances, Costs and Assumptions | Significant balances, costs and assumptions are:
|  | Postretirement Plan |
|  | 2022 |  |  | 2021 |
Benefit obligation |  | $ | 2,620 |  |  | $ | 3,065 |
Fair value of plan assets |  |  | — |  |  |  | — |
Funded status |  | $ | (2,620 | ) |  | $ | (3,065 | )
Accumulated benefit obligation |  | $ | 2,620 |  |  | $ | 3,065 |
Summary of Accrued postretirement benefit obligations recognized in Balance sheet | Amounts recognized in the consolidated balance sheets:
Accrued postretirement benefit obligation |  | $ | 2,620 |  |  | $ | 3,065 |
Net Periodic Benefit Cost | Components of net periodic benefit cost:
|  | 2022 |  |  | 2021 |
Service cost |  | $ | 48 |  |  | $ | 56 |
Interest cost |  |  | 79 |  |  |  | 75 |
Amortization of Loss |  |  | 27 |  |  |  | 60 |
|  | $ | 154 |  |  | $ | 191 |
Accumulated Other Comprehensive Income (Loss) Not Yet Recognized | Amounts recognized in accumulated other comprehensive income (loss) not yet recognized as components of net periodic benefit cost consist of:
|  | 2022 |  |  | 2021 |
Net loss |  | $ | 57 |  |  | $ | 532 |
Other Significant Balances and Costs | Other significant balances and costs are:
|  | 2022 |  |  | 2021 |
Employer contribution |  | $ | 124 |  |  | $ | 104 |
Benefits paid |  |  | 124 |  |  |  | 104 |
Benefit costs |  |  | 154 |  |  |  | 191 |
One-percentage-Point Change in Assumed Health Care Cost Trend Rates |
|  | One- Percentage- Point Increase |  |  | One- Percentage- Point Decrease |
Effect on total of service and interest cost components |  | $ | 5 |  |  | $ | (4 | )
Effect on postretirement benefit obligation |  |  | 32 |  |  |  | (30 | )
Postretirement Plan Benefit Payments Expected Future Service | The following postretirement plan benefit payments, which reflect expected future service, as appropriate, are expected to be paid as of June 30, 2022:
2023 |  | $ | 140,193 |
2024 |  |  | 157,981 |
2025 |  |  | 170,530 |
2026 |  |  | 189,114 |
2027 |  |  | 190,643 |
2028-2032 |  |  | 958,561 |
Benefit Payments Expected to be Paid for Agreements | The following benefit payments are expected to be paid for these agreements:
2023 |  | $ | 104 |
2024 |  |  | 137 |
2025 |  |  | 137 |
2026 |  |  | 227 |
2027 |  |  | 240 |
Thereafter |  |  | 4,289 |
|  | $ | 5,134 |

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- Definition Tabular disclosure of one or more of the entity's defined benefit pension plans or one or more other defined benefit postretirement plans, separately for pension plans and other postretirement benefit plans including the entity's schedule of fair value of plan assets for defined benefit or other postretirement plans. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 55 -Paragraph 17 -URI https://asc.fasb.org/extlink&oid=123450688&loc=d3e4179-114921 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e2439-114920 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 1 -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e1928-114920 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e2410-114920 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 715 -SubTopic 20 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=123447040&loc=d3e2417-114920 + Details
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