XML 17 R2.htm IDEA: XBRL DOCUMENT v3.19.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2019
Mar. 31, 2018
ASSETS    
Cash and cash equivalents (including interest-earning accounts of $5,844 and $30,052) $ 22,950 $ 44,767
Certificates of deposit held for investment 747 5,967
Loans held for sale 909 210
Investment securities:    
Available for sale, at estimated fair value 178,226 213,221
Held to maturity, at amortized cost (estimated fair value of $35 and $43) 35 42
Loans receivable (net of allowance for loan losses of $11,457 and $10,766) 864,659 800,610
Real estate owned ("REO")   298
Prepaid expenses and other assets 4,596 3,870
Accrued interest receivable 3,919 3,477
Federal Home Loan Bank ("FHLB") stock, at cost 3,644 1,353
Premises and equipment, net 15,458 15,783
Deferred income taxes, net 4,195 4,813
Mortgage servicing rights, net 296 388
Goodwill 27,076 27,076
Core deposit intangible ("CDI"), net 920 1,103
Bank owned life insurance ("BOLI") 29,291 28,557
TOTAL ASSETS 1,156,921 1,151,535
LIABILITIES:    
Deposits 925,068 995,691
Accrued expenses and other liabilities 12,536 9,391
Advance payments by borrowers for taxes and insurance 631 637
FHLB advances 56,586  
Junior subordinated debentures 26,575 26,484
Capital lease obligation 2,403 2,431
Total liabilities 1,023,799 1,034,634
COMMITMENTS AND CONTINGENCIES (See Note 19)
SHAREHOLDERS' EQUITY:    
Serial preferred stock, $.01 par value; 250,000 shares authorized; issued and outstanding: none
Common stock, $.01 par value; 50,000,000 shares authorized March 31, 2019 - 22,607,712 shares issued and outstanding March 31, 2018 - 22,570,179 shares issued and outstanding 226 226
Additional paid-in capital 65,094 64,871
Retained earnings 70,428 56,552
Accumulated other comprehensive loss (2,626) (4,748)
Total shareholders' equity 133,122 116,901
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,156,921 $ 1,151,535