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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2019
Mar. 31, 2019
ASSETS    
Cash and cash equivalents (including interest-earning accounts of $32,632 and $5,844) $ 48,888 $ 22,950
Certificates of deposit held for investment 249 747
Loans held for sale 310 909
Investment securities:    
Available for sale, at estimated fair value 163,682 178,226
Held to maturity, at amortized cost (estimated fair value of $32 and $35) 31 35
Loans receivable (net of allowance for loan losses of $11,436 and $11,457) 869,880 864,659
Prepaid expenses and other assets 8,136 4,596
Accrued interest receivable 3,827 3,919
Federal Home Loan Bank stock ("FHLB"), at cost 1,380 3,644
Premises and equipment, net 15,490 15,458
Deferred income taxes, net 3,296 4,195
Mortgage servicing rights, net 247 296
Goodwill 27,076 27,076
Core deposit intangible ("CDI"), net 839 920
Bank owned life insurance ("BOLI") 29,688 29,291
TOTAL ASSETS 1,173,019 1,156,921
LIABILITIES:    
Deposits 982,275 925,068
Accrued expenses and other liabilities 17,502 12,536
Advanced payments by borrowers for taxes and insurance 1,117 631
FHLB advances [1] 0 56,586
Junior subordinated debentures 26,619 26,575
Finance lease liability 2,387 2,403
Total liabilities 1,029,900 1,023,799
COMMITMENTS AND CONTINGENCIES (See Note 14)
SHAREHOLDERS' EQUITY:    
Serial preferred stock, $.01 par value; 250,000 authorized; issued and outstanding: none
Common stock, $.01 par value; 50,000,000 shares authorized September 30, 2019 - 22,748,385 shares issued and outstanding March 31, 2019 - 22,607,712 shares issued and outstanding 227 226
Additional paid-in capital 65,559 65,094
Retained earnings 77,112 70,428
Accumulated other comprehensive income (loss) 221 (2,626)
Total shareholders' equity 143,119 133,122
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,173,019 $ 1,156,921
[1] Consisted of overnight borrowings.