v3.26.1
Accumulated Other Comprehensive Loss (Tables)
12 Months Ended
Mar. 31, 2026
Equity [Abstract]  
Schedule of 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

)

Schedule of Reclassifications out of Accumulated Other Comprehensive Loss

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