v3.26.1
Accumulated Other Comprehensive Loss
12 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Accumulated Other Comprehensive Loss

Note 12 -accumulated other comprehensive loss

The components of accumulated other comprehensive loss for the years ended March 31, 2026 and 2025 are as follows:

 

 

 

Unrealized Gains
and Losses on
Available-for-
Sale Debt
Securities

 

 

Defined Benefit
Pension Plans

 

 

Total

 

 

 

(Dollars in thousands)

 

Year Ended March 31, 2026

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

(3,642

)

 

$

23

 

 

$

(3,619

)

Other comprehensive income

 

 

938

 

 

 

429

 

 

 

1,367

 

Balance at end of period, net of tax

 

$

(2,704

)

 

$

452

 

 

$

(2,252

)

 

 

 

 

 

 

 

 

 

 

Year Ended March 31, 2025

 

 

 

 

 

 

 

 

 

Balance at beginning of period

 

$

(4,605

)

 

$

(468

)

 

$

(5,073

)

Other comprehensive income (loss)

 

 

963

 

 

 

491

 

 

 

1,454

 

Balance at end of period, net of tax

 

$

(3,642

)

 

$

23

 

 

$

(3,619

)

The following table summarizes the significant amounts reclassified out of each component of AOCI for the years ended March 31, 2026 and 2025:

 

 

 

Year Ended March 31,

 

 

 

 

 

2026

 

 

2025

 

 

 

 

 

Amount Reclassified
from AOCI

 

 

 

 

 

(Dollars in thousands)

 

 

 

Details about AOCI Components

 

 

 

 

 

 

 

 

Unrealized gains on available-for-sale securities

 

$

1,187

 

 

$

1,218

 

 

Debt Securities gains, net

 

 

(249

)

 

 

(255

)

 

Income tax expense

 

$

938

 

 

$

963

 

 

Net income

 

 

 

 

 

 

 

 

 

Amortization of defined benefit pension items

 

 

 

 

 

 

 

 

Actuarial gains

 

$

543

 

 

$

622

 

 

Salaries and employee benefits

 

 

(114

)

 

 

(131

)

 

Income tax expense

 

$

429

 

 

$

491

 

 

Net income

 

 

 

 

 

 

 

 

 

Total reclassification for the period

 

$

1,367

 

 

$

1,454

 

 

Net income