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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2021
Mar. 31, 2021
ASSETS    
Cash and cash equivalents (including interest-earning accounts of $227,635 and $254,205) $ 239,857 $ 265,408
Certificates of deposit held for investment 249 249
Investment securities:    
Available for sale, at estimated fair value 182,303 216,304
Held to maturity, at amortized cost (estimated fair value of $210,027 and $38,220) 212,722 39,574
Loans receivable (net of allowance for loan losses of $15,173 and $19,178) 947,050 924,057
Prepaid expenses and other assets 11,597 13,189
Accrued interest receivable 4,580 5,236
Federal Home Loan Bank stock ("FHLB"), at cost 1,722 1,722
Premises and equipment, net 17,410 17,824
Financing lease right-of-use assets ("ROU") 1,374 1,432
Deferred income taxes, net 5,791 5,419
Mortgage servicing rights, net 41 81
Goodwill 27,076 27,076
Core deposit intangible ("CDI"), net 526 619
Bank owned life insurance ("BOLI") 30,778 30,968
TOTAL ASSETS 1,683,076 1,549,158
LIABILITIES:    
Deposits 1,473,454 1,346,060
Accrued expenses and other liabilities 17,163 21,906
Advance payments by borrowers for taxes and insurance 211 521
Junior subordinated debentures 26,812 26,748
Finance lease liability 2,295 2,329
Total liabilities 1,519,935 1,397,564
COMMITMENTS AND CONTINGENCIES (See Note 13)
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 December 31, 2021 - 22,426,520 shares issued and 22,176,612 outstanding March 31, 2021 - 22,351,235 shares issued and outstanding 221 223
Additional paid-in capital 62,234 63,650
Retained earnings 102,023 87,881
Accumulated other comprehensive loss (1,337) (160)
Total shareholders' equity 163,141 151,594
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,683,076 $ 1,549,158