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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
 9 Months Ended
Dec. 31, 2020
Dec. 31, 2019
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 7,058,000 $ 12,854,000
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,347,000 2,244,000
Purchased loans amortization, net 243,000 21,000
Provision for loan losses 6,300,000  
Stock-based compensation expense 301,000 317,000
Increase in deferred loan origination fees, net of amortization 1,232,000 49,000
Origination of loans held for sale (913,000) (7,178,000)
Proceeds from sales of loans held for sale 1,214,000 8,219,000
Net gains on sales of loans held for sale, sales of investment securities available for sale and sales of premises and equipment (23,000) (313,000)
Income from BOLI [1] (625,000) (585,000)
Changes in certain other assets and liabilities:    
Prepaid expenses and other assets (101,000) 1,775,000
Accrued interest receivable (1,579,000) 190,000
Accrued expenses and other liabilities 652,000 81,000
Net cash provided by operating activities 16,106,000 17,674,000
CASH FLOWS FROM INVESTING ACTIVITIES:    
Loan repayments (originations), net (17,340,000) 4,745,000
Purchases of loans receivable (3,826,000) (15,198,000)
Principal repayments on investment securities available for sale 29,879,000 21,676,000
Purchases of investment securities available for sale (39,407,000) (18,125,000)
Proceeds from calls, maturities and sales of investment securities available for sale 4,000,000 21,122,000
Principal repayments on investment securities held to maturity 47,000 6,000
Purchases of investment securities held to maturity (33,463,000)  
Purchases of premises and equipment and capitalized software (3,267,000) (1,348,000)
Redemption of certificates of deposit held for investment   498,000
Redemption of FHLB stock, net   2,264,000
Proceeds from sales of real estate owned ("REO") and premises and equipment   81,000
Net cash provided by (used in) investing activities (63,377,000) 15,721,000
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in deposits 246,488,000 65,409,000
Dividends paid (3,362,000) (2,945,000)
Proceeds from borrowings 30,000,000 214,897,000
Repayment of borrowings (30,000,000) (271,483,000)
Net increase in advance payments by borrowers for taxes and insurance (547,000) (302,000)
Principal payments on finance lease liability (29,000) (25,000)
Proceeds from exercise of stock options 34,000 227,000
Repurchase of common stock (1,447,000)  
Net cash provided by financing activities 241,137,000 5,778,000
NET INCREASE IN CASH AND CASH EQUIVALENTS 193,866,000 39,173,000
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 41,968,000 22,950,000
CASH AND CASH EQUIVALENTS, END OF PERIOD 235,834,000 62,123,000
Cash paid during the period for:    
Interest 2,646,000 3,406,000
Income taxes 3,435,000 2,945,000
NONCASH INVESTING AND FINANCING ACTIVITIES:    
Dividends declared and accrued in other liabilities 1,117,000 1,138,000
Net unrealized holding gain from available for sale investment securities 564,000 3,244,000
Income tax effect related to other comprehensive income (135,000) (779,000)
ROU lease assets obtained in exchange for operating lease liabilities $ 5,833,000 $ 5,603,000
[1] )Not within the scope of ASC 606