v3.26.1
BENEFIT PLANS
9 Months Ended
Mar. 31, 2026
Retirement Benefits [Abstract]  
BENEFIT PLANS BENEFIT PLANS
Components of Net Periodic Expense
The following table sets forth the aggregate net periodic benefit expense for the Bank’s Benefit Equalization Plan, Postretirement Welfare Plan, Directors’ Consultation and Retirement Plan, Atlas Bank Retirement Income Plan and Supplemental Executive Retirement Plan:
Three Months Ended
March 31,
Nine Months Ended
March 31,
Affected Line Item in the Consolidated Statements of Income
2026202520262025
(In Thousands)
Service cost$154 $18 $450 $54 Salaries and employee benefits
Interest cost108 97 316 277 Other expense
Accretion of unrecognized gain(36)(26)(107)(80)Other expense
Expected return on assets(22)(23)(67)(68)Other expense
Net periodic benefit cost$204 $66 $592 $183 
2021 Equity Incentive Plan
During the three months ended March 31, 2026, the Company did not grant any restricted stock units (“RSUs”) and during the nine months ended March 31, 2026, the Company granted 484,802 RSUs comprised of 350,868 service-based RSUs and 133,934 performance-based RSUs. The service-based RSUs will vest in three tranches over a period of three years and the performance-based RSUs will cliff vest upon the achievement of performance measures over the three-year period ending June 30, 2028. The number of performance-based RSUs that will vest, if any, will depend on whether, and to what extent, the performance measures are achieved. Common stock will be issued from authorized shares upon the vesting of the RSUs.