Changes in and Reclassifications Out of Accumulated Other Comprehensive (Loss) Income (Tables)

9 Months Ended

Mar. 31, 2022

Changes in and Reclassifications Out of Accumulated Other Comprehensive (Loss) Income

Schedule of changes in the balances of each component of accumulated other comprehensive (loss) income ("AOCI")

(Dollars in thousands)
	Gains on Securities
	Available for Sale
Accumulated Other Comprehensive (Loss) Income (1)	2022		2021
Balance at June 30,	$	(64)	$	76
Other comprehensive (loss) income before reclassifications		(550)		357
Amounts reclassified from accumulated other comprehensive (loss) income		(48)		—
Period change		(598)		357
Balance at September 30,	$	(662)	$	433
Other comprehensive (loss) income before reclassifications		(447)		284
Amounts reclassified from accumulated other comprehensive (loss) income		—		23
Period change		(447)		307
Balance at December 31,	$	(1,109)	$	740
Other comprehensive loss before reclassifications		(8,076)		(1,897)
Amounts reclassified from accumulated other comprehensive (loss) income		—		(27)
Period change		(8,076)		(1,924)
Balance at March 31,	$	(9,185)	$	(1,184)

(1) All amounts are net of tax. Related income tax expense is calculated using an income tax rate approximating 22.4%.

Schedule of reclassifications out of AOCI by component

(Dollars in thousands)	Amounts Reclassified from Accumulated
	Other Comprehensive (Loss) Income (1)
Details about Accumulated Other Comprehensive	Three Months Ended March 31,				Affected Line Item in the
(Loss) Income Components	2022		2021		Consolidated Statements of Income
Securities available for sale:
Net securities gains reclassified into net income	$	—	$	35	Net gain on sale of securities
Related income tax expense		—		(8)	Income tax expense
	$	—	$	27

(1) Amounts in parenthesis indicate debits.

(Dollars in thousands)	Amounts Reclassified from Accumulated
	Other Comprehensive (Loss) Income (2)
Details about Accumulated Other Comprehensive	Nine Months Ended March 31,				Affected Line Item in the
(Loss) Income Components	2022		2021		Consolidated Statements of Income
Securities available for sale:
Net securities gains reclassified into net income	$	62	$	5	Net gain on sale of securities
Related income tax expense		(14)		(1)	Income tax expense
	$	48	$	4

(2) Amounts in parenthesis indicate debits.