EMPLOYEE BENEFIT PLANS (Tables)

3 Months Ended

Sep. 30, 2022

Pioneer Bank ESOP

EMPLOYEE BENEFIT PLANS

Schedule of shares held by the ESOP

	As of September 30,
	2022	2021
Allocated	152,748	101,832
Committed to be allocated	38,187	38,187
Unallocated	827,390	878,306
Total shares	1,018,325	1,018,325

Pension plan

EMPLOYEE BENEFIT PLANS

Summary of net periodic cost included in the Company's consolidated statements of income

Net periodic pension cost included in salaries and employee benefits in the Company’s consolidated statements of operations included the following components (dollars in thousands):

	For the Three Months Ended
	September 30,
	2022		2021
Service cost	$	444	$	764
Interest cost		507		514
Expected return on plan assets		(732)		(1,031)
Amortization of net actuarial loss		—		5
Net periodic pension cost	$	219	$	252

Post-retirement benefit plan

EMPLOYEE BENEFIT PLANS

Summary of net periodic cost included in the Company's consolidated statements of income

Net periodic post-retirement benefit cost included in salaries and employee benefits in the Company’s consolidated statements of operations included the following components (dollars in thousands):

	For the Three Months Ended
	September 30,
	2022		2021
Service cost	$	6	$	12
Interest cost		17		15
Amortization of net actuarial gain		(3)		—
Net periodic post-retirement benefit cost	$	20	$	27