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CONSOLIDATED STATEMENTS OF INCOME (Unaudited) - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2019
Jun. 30, 2018
INTEREST AND DIVIDEND INCOME:    
Interest and fees on loans receivable $ 11,514 $ 10,777
Interest on investment securities - taxable 878 1,198
Interest on investment securities - nontaxable 37 37
Other interest and dividends 87 93
Total interest and dividend income 12,516 12,105
INTEREST EXPENSE:    
Interest on deposits 351 260
Interest on borrowings 735 358
Total interest expense 1,086 618
Net interest income 11,430 11,487
Recapture of loan losses   (200)
Net interest income after recapture of loan losses 11,430 11,687
NON-INTEREST INCOME:    
Net gains on sales of loans held for sale [1] 96 152
BOLI [1] 193 179
Other, net 67 40
Total non-interest income, net 3,176 3,052
NON-INTEREST EXPENSE:    
Salaries and employee benefits 5,715 5,578
Occupancy and depreciation 1,320 1,359
Data processing 680 631
Amortization of CDI 40 46
Advertising and marketing 210 192
FDIC insurance premium 80 76
State and local taxes 195 168
Telecommunications 86 93
Professional fees 325 284
Other 543 592
Total non-interest expense 9,194 9,019
INCOME BEFORE INCOME TAXES 5,412 5,720
PROVISION FOR INCOME TAXES 1,220 1,278
NET INCOME $ 4,192 $ 4,442
Earnings per common share:    
Basic (in dollars per share) $ 0.19 $ 0.20
Diluted (in dollars per share) $ 0.18 $ 0.20
Weighted average number of common shares outstanding:    
Basic (in shares) 22,619,580 22,570,179
Diluted (in shares) 22,685,343 22,651,732
Fees and service charges    
NON-INTEREST INCOME:    
Non-interest income $ 1,677 $ 1,755
Asset management fees    
NON-INTEREST INCOME:    
Non-interest income $ 1,143 $ 926
[1] Not within scope of ASC 606