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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2018
Jun. 30, 2017
INTEREST AND DIVIDEND INCOME    
Interest and fees on loans receivable $ 10,777 $ 9,789
Interest on investment securities - taxable 1,198 1,133
Interest on investment securities - nontaxable 37 14
Other interest and dividends 93 87
Total interest and dividend income 12,105 11,023
INTEREST EXPENSE:    
Interest on deposits 260 322
Interest on borrowings 358 268
Total interest expense 618 590
Net interest income 11,487 10,433
Recapture of loan losses (200)  
Net interest income after recapture of loan losses 11,687 10,433
NON-INTEREST INCOME:    
Net gains on sales of loans held for sale [1] 152 225
BOLI [1] 179 207
Other, net 40 46
Total non-interest income, net 3,052 2,738
NON-INTEREST EXPENSE:    
Salaries and employee benefits 5,578 5,422
Occupancy and depreciation 1,359 1,346
Data processing 631 616
Amortization of CDI 46 58
Advertising and marketing 192 234
FDIC insurance premium 76 145
State and local taxes 168 154
Telecommunications 93 104
Professional fees 284 415
Other 592 680
Total non-interest expense 9,019 9,174
INCOME BEFORE INCOME TAXES 5,720 3,997
PROVISION FOR INCOME TAXES 1,278 1,343
NET INCOME $ 4,442 $ 2,654
Earnings per common share:    
Basic (in dollars per share) $ 0.20 $ 0.12
Diluted EPS (in dollars per share) $ 0.20 $ 0.12
Weighted average number of common shares outstanding:    
Basic (in shares) 22,570,179 22,504,852
Diluted (in shares) 22,651,732 22,589,440
Fees and service charges    
NON-INTEREST INCOME:    
Fees and Commissions $ 1,755 $ 1,407
Asset management fees    
NON-INTEREST INCOME:    
Fees and Commissions $ 926 $ 853
[1] Not in scope of ASC 606