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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Mar. 31, 2021
Mar. 31, 2020
ASSETS    
Cash and cash equivalents (including interest-earning accounts of $254,205 and $27,866) $ 265,408 $ 41,968
Certificates of deposit held for investment 249 249
Loans held for sale   275
Investment securities:    
Available for sale, at estimated fair value 216,304 148,291
Held to maturity, at amortized cost (estimated fair value of $38,220 and $28) 39,574 28
Loans receivable (net of allowance for loan losses of $19,178 and $12,624) 924,057 898,885
Prepaid expenses and other assets 13,189 7,452
Accrued interest receivable 5,236 3,704
Federal Home Loan Bank ("FHLB") stock, at cost 1,722 1,420
Premises and equipment, net 17,824 15,570
Financing lease right-of-use assets ("ROU") 1,432 1,508
Deferred income taxes, net 5,419 3,277
Mortgage servicing rights, net 81 191
Goodwill 27,076 27,076
Core deposit intangible ("CDI"), net 619 759
Bank owned life insurance ("BOLI") 30,968 30,155
TOTAL ASSETS 1,549,158 1,180,808
LIABILITIES:    
Deposits 1,346,060 990,448
Accrued expenses and other liabilities 21,906 11,783
Advanced payments by borrowers for taxes and insurance 521 703
Junior subordinated debentures 26,748 26,662
Finance lease liability 2,329 2,369
Total liabilities 1,397,564 1,031,965
COMMITMENTS AND CONTINGENCIES (See Note 17)
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, 2021 - 22,351,235 shares issued and outstanding March 31, 2020 - 22,748,385 shares issued and 22,544,285 shares outstanding 223 225
Additional paid-in capital 63,650 64,649
Retained earnings 87,881 81,870
Accumulated other comprehensive income (loss) (160) 2,099
Total shareholders' equity 151,594 148,843
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,549,158 $ 1,180,808