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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 12 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2019
INTEREST AND DIVIDEND INCOME:      
Interest and fees on loans receivable $ 45,498 $ 46,405 $ 44,938
Interest on investment securities - taxable 2,422 3,440 4,456
Interest on investment securities - nontaxable 129 117 146
Other interest and dividends 295 533 329
Total interest and dividend income 48,344 50,495 49,869
INTEREST EXPENSE:      
Interest on deposits 2,544 2,890 996
Interest on borrowings 883 1,874 1,819
Total interest expense 3,427 4,764 2,815
Net interest income 44,917 45,731 47,054
Provision for loan losses 6,300 1,250 50
Net interest income after provision for loan losses 38,617 44,481 47,004
NON-INTEREST INCOME:      
Net gains on sales of loans held for sale [1] 28 252 317
BOLI [1] 813 864 734
Other, net 221 295 317
Total non-interest income, net 11,090 12,360 11,107
NON-INTEREST EXPENSE:      
Salaries and employee benefits 22,570 22,805 22,320
Occupancy and depreciation 5,780 5,576 5,334
Data processing 2,662 2,629 2,467
Amortization of CDI 140 161 183
Advertising and marketing 466 856 769
FDIC insurance premium 319 81 326
State and local taxes 794 675 651
Telecommunications 295 327 353
Professional fees 1,231 1,120 1,426
Other 1,997 2,033 1,870
Total non-interest expense 36,254 36,263 35,699
INCOME BEFORE INCOME TAXES 13,453 20,578 22,412
PROVISION FOR INCOME TAXES 2,981 4,830 5,146
NET INCOME $ 10,472 $ 15,748 $ 17,266
Earnings per common share:      
Basic $ 0.47 $ 0.69 $ 0.76
Diluted $ 0.47 $ 0.69 $ 0.76
Weighted average number of common shares outstanding:      
Basic 22,296,195 22,707,624 22,588,395
Diluted 22,312,831 22,744,045 22,659,594
Fees and service charges      
NON-INTEREST INCOME:      
Non-interest income $ 6,382 $ 6,541 $ 5,948
Asset management fees      
NON-INTEREST INCOME:      
Non-interest income $ 3,646 $ 4,408 $ 3,791
[1] Not within the scope of ASC 606