Other Comprehensive Income (Tables)

6 Months Ended

Dec. 31, 2021

Other Comprehensive Income

Schedule of changes in accumulated other comprehensive income by component

	Unrealized
	Gains and		Unrealized
	Losses on		Losses on
	Available		Held to
	for Sale Debt		Maturity Debt
Unaudited	Securities		Securities		Total
Six Months Ended December 31, 2021
Balance, beginning of period	$	188,558	$	(67,891)	$	120,667
Other comprehensive loss before reclassifications (net of tax)		(4,186)		—		(4,186)
Amortization of amounts transferred from debt securities available for sale to held to maturity (b)		—		5,119		5,119
Balance, September 30, 2021		184,372		(62,772)		121,600
Other comprehensive loss before reclassifications (net of tax)		(47,240)		—		(47,240)
Amounts reclassified from accumulated other comprehensive income (net of tax) (a)		(10,185)		—		(10,185)
Amortization of amounts transferred from debt securities available for sale to held to maturity (b)		—		4,217		4,217
Balance, December 31, 2021	$	126,947	$	(58,555)	$	68,392

(a) The reclassification adjustment is reflected in the Consolidated Statement of Income as Net Gain on Securities Transactions ($14,000) and Provision for Income Taxes of ($3,815).

(b) The reclassification adjustment is reflected in the Consolidated Statements of Income as Interest Income-Debt Securities.

	Unrealized
	Gains and		Unrealized
	Losses on		Losses on
	Available		Held to
	for Sale Debt		Maturity Debt
Unaudited	Securities		Securities		Total
Six Months Ended December 31, 2020
Balance, beginning of period	$	262,688	$	(195,963)	$	66,725
Other comprehensive income before reclassifications (net of tax)		9,685		—		9,685
Amortization of amounts transferred from debt securities available for sale to held to maturity (a)		—		39,096		39,096
Balance, September 30, 2020		272,373		(156,867)		115,506
Other comprehensive loss before reclassifications (net of tax)		(16,008)		—		(16,008)
Amortization of amounts transferred from debt securities available for sale to held to maturity (a)		—		49,498		49,498
Balance, December 31, 2020	$	256,365	$	(107,369)	$	148,996