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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Dec. 31, 2021
Dec. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 17,695 $ 7,058
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 2,661 2,347
Purchased loans amortization (accretion), net (31) 243
Provision for (recapture of) loan losses (3,975) 6,300
Stock-based compensation expense 289 301
Increase (decrease) in deferred loan origination fees, net of amortization (2,003) 1,232
Origination of loans held for sale   (913)
Proceeds from sales of loans held for sale   1,214
Net gains on loans held for sale and sales of premises and equipment (993) (23)
Income from BOLI (613) (625)
BOLI death benefit in excess of cash surrender value (500)  
Changes in certain other assets and liabilities:    
Prepaid expenses and other assets 1,611 (101)
Accrued interest receivable 656 (1,579)
Accrued expenses and other liabilities (4,803) 652
Net cash provided by operating activities 9,994 16,106
CASH FLOWS FROM INVESTING ACTIVITIES:    
Loan repayments (originations), net 51,970 (17,340)
Purchases of loans receivable (68,954) (3,826)
Principal repayments on investment securities available for sale 32,166 29,879
Purchases of investment securities available for sale (86,621) (39,407)
Proceeds from calls of investment securities available for sale   4,000
Principal repayments on investment securities held to maturity 4,372 47
Purchases of investment securities held to maturity (92,082) (33,463)
Purchases of premises and equipment and capitalized software (3,020) (3,267)
Proceeds from death benefit on BOLI 1,305  
Proceeds from sales of REO and premises and equipment 3,427  
Net cash used in investing activities (157,437) (63,377)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase in deposits 127,394 246,488
Dividends paid (3,450) (3,362)
Proceeds from borrowings 2,000 30,000
Repayment of borrowings (2,000) (30,000)
Net decrease in advance payments by borrowers for taxes and insurance (310) (547)
Principal payments on finance lease liability (34) (29)
Proceeds from exercise of stock options 16 34
Repurchase of common stock (1,724) (1,447)
Net cash provided by financing activities 121,892 241,137
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS (25,551) 193,866
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 265,408 41,968
CASH AND CASH EQUIVALENTS, END OF PERIOD 239,857 235,834
Cash paid during the period for:    
Interest 1,534 2,646
Income taxes 4,148 3,435
NONCASH INVESTING AND FINANCING ACTIVITIES:    
Dividends declared and accrued in other liabilities 1,219 1,117
Net unrealized holding gains (losses) from available for sale investment securities (1,549) 564
Income tax effect related to other comprehensive income (loss) $ 372 (135)
ROU lease assets obtained in exchange for operating lease liabilities   $ 5,833