Note 13: Accumulated Other Comprehensive Income (AOCI)

12 Months Ended

Jun. 30, 2018

Notes

Note 13: Accumulated Other Comprehensive Income (AOCI)

NOTE 13:  Accumulated Other Comprehensive Income (AOCI)

The components of AOCI, included in stockholders’ equity, are as follows:

	June 30,
(dollars in thousands)	2018	2017
Net unrealized gain on securities available-for-sale	$                  (3,041)	$                      607
Net unrealized gain on securities available-for-sale
securities for which a portion of an other-than-temporary
impairment has been recognized in income	(1)	212
Unrealized gain from defined benefit pension plan	(29)	15
	(3,071)	834
Tax effect	726	(307)
Net of tax amount	$                  (2,345)	$                      527

                Amounts reclassified from AOCI and the affected line items in the statements of income during the years ended June 30, 2018 and 2017, were as follows:

	Amounts Reclassified From AOCI
(dollars in thousands)	2018	2017	Affected Line Item in the Condensed Consolidated Statements of Income
Realized gain on securities available-for-sale	$                      334	$                           -	Net realized gains on sale of AFS securities
Amortization of defined benefit pension items:	(44)	13	Compensation and benefits (included in computation of net periodic pension costs)
Total reclassified amount before tax	290	13
Tax benefit	81	5	Provision for Income Tax
Total reclassification out of AOCI	$                      209	$                          8	Net Income (Loss)