Quarterly report pursuant to Section 13 or 15(d)

Note 5 - Other Comprehensive Loss

v3.22.2
Note 5 - Other Comprehensive Loss
9 Months Ended
Jun. 30, 2022
Notes to Financial Statements  
Comprehensive Income (Loss) Note [Text Block]

Note 5. Other Comprehensive Loss

 

Changes in components of other comprehensive loss and taxes related to items of other comprehensive income (loss) are as follows:

 

   

Three Months Ended June 30, 2022

 

(In thousands)

 

Before Tax

   

Tax Effect

    Net of Tax Amount  

Unrealized losses on available-for-sale securities

  $ (309 )   $ (74 )   $ (235 )
                         

Other comprehensive loss

  $ (309 )   $ (74 )   $ (235 )

 

 

   

Nine Months Ended June 30, 2022

 

(In thousands)

 

Before Tax

   

Tax Effect

    Net of Tax Amount  

Unrealized losses on available-for-sale securities

  $ (1,241 )   $ (281 )   $ (960 )
                         

Other comprehensive loss

  $ (1,241 )   $ (281 )   $ (960 )

 

At June 30, 2022 components of accumulated other comprehensive loss is as follows:

 

(In thousands)

 

Available-for-Sale

Securities

   

Accumulated Other

Comprehensive Loss

 

Balances at September 30, 2021

  $ -     $ -  

Other comprehensive loss for the nine months ended June 30, 2022

    (960 )     (960 )

Balances at June 30, 2022

  $ (960 )   $ (960 )