XML 12 R2.htm IDEA: XBRL DOCUMENT v3.19.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2019
Mar. 31, 2019
ASSETS    
Cash and cash equivalents (including interest-earning accounts of $6,852 and $5,844) $ 24,112 $ 22,950
Certificates of deposit held for investment 747 747
Loans held for sale   909
Investment securities:    
Available for sale, at estimated fair value 170,762 178,226
Held to maturity, at amortized cost (estimated fair value of $33 and $35) 33 35
Loans receivable (net of allowance for loan losses of $11,442 and $11,457) 876,535 864,659
Prepaid expenses and other assets 8,705 4,596
Accrued interest receivable 3,989 3,919
Federal Home Loan Bank stock ("FHLB"), at cost 3,658 3,644
Premises and equipment, net 15,453 15,458
Deferred income taxes, net 3,520 4,195
Mortgage servicing rights, net 280 296
Goodwill 27,076 27,076
Core deposit intangible ("CDI"), net 880 920
Bank owned life insurance ("BOLI") 29,484 29,291
TOTAL ASSETS 1,165,234 1,156,921
LIABILITIES:    
Deposits 922,274 925,068
Accrued expenses and other liabilities 17,675 12,536
Advanced payments by borrowers for taxes and insurance 689 631
FHLB advances [1] 56,941 56,586
Junior subordinated debentures 26,597 26,575
Finance lease liability 2,395 2,403
Total liabilities 1,026,571 1,023,799
COMMITMENTS AND CONTINGENCIES (See Note 14)
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 June 30, 2019 - 22,705,385 shares issued and outstanding March 31, 2019 - 22,607,712 shares issued and outstanding 226 226
Additional paid-in capital 65,326 65,094
Retained earnings 73,602 70,428
Accumulated other comprehensive loss (491) (2,626)
Total shareholders' equity 138,663 133,122
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,165,234 $ 1,156,921
[1] Consisted of overnight borrowings.