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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Jun. 30, 2022
Mar. 31, 2022
ASSETS    
Cash and cash equivalents (including interest-earning accounts of $127,859 and $224,589) $ 141,836 $ 241,424
Certificates of deposit held for investment 249 249
Investment securities:    
Available for sale, at estimated fair value 181,697 165,782
Held to maturity, at amortized cost (estimated fair value of $229,589 and $236,029) 256,002 253,100
Loans receivable (net of allowance for loan losses of $14,559 and $14,523) 997,906 975,885
Prepaid expenses and other assets 26,897 12,396
Accrued interest receivable 5,012 4,650
Federal Home Loan Bank ("FHLB") stock, at cost 2,019 2,019
Premises and equipment, net 16,973 17,166
Financing lease right-of-use ("ROU") assets 1,336 1,355
Deferred income taxes, net 9,060 7,501
Mortgage servicing rights, net 28 34
Goodwill 27,076 27,076
Core deposit intangible ("CDI"), net 466 495
Bank owned life insurance ("BOLI") 31,154 30,964
TOTAL ASSETS 1,697,711 1,740,096
LIABILITIES:    
Deposits 1,495,605 1,533,878
Accrued expenses and other liabilities 18,026 19,298
Advance payments by borrowers for taxes and insurance 523 555
Junior subordinated debentures 26,854 26,833
Finance lease liability 2,270 2,283
Total liabilities 1,543,278 1,582,847
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 June 30, 2022 - 22,154,170 shares issued and 21,943,160 outstanding March 31, 2022 - 22,155,636 shares issued and 22,127,396 outstanding 219 221
Additional paid-in capital 60,838 62,048
Retained earnings 108,266 104,931
Accumulated other comprehensive loss (14,890) (9,951)
Total shareholders' equity 154,433 157,249
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,697,711 $ 1,740,096