XML 11 R2.htm IDEA: XBRL DOCUMENT v3.22.2.2
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Sep. 30, 2022
Mar. 31, 2022
ASSETS    
Cash and cash equivalents (including interest-earning accounts of $89,957 and $224,589) $ 114,183 $ 241,424
Certificates of deposit held for investment 249 249
Investment securities:    
Available for sale, at estimated fair value 213,708 165,782
Held to maturity, at amortized cost (estimated fair value of $211,491 and $236,029) 251,016 253,100
Loans receivable (net of allowance for loan losses of $14,552 and $14,523) 996,456 975,885
Prepaid expenses and other assets 12,868 12,396
Accrued interest receivable 5,207 4,650
Federal Home Loan Bank ("FHLB") stock , at cost 2,019 2,019
Premises and equipment, net 17,494 17,166
Financing lease right-of-use ("ROU") assets 1,317 1,355
Deferred income taxes, net 11,448 7,501
Mortgage servicing rights, net 24 34
Goodwill 27,076 27,076
Core deposit intangible ("CDI"), net 437 495
Bank owned life insurance ("BOLI") 31,396 30,964
TOTAL ASSETS 1,684,898 1,740,096
LIABILITIES:    
Deposits 1,489,352 1,533,878
Accrued expenses and other liabilities 18,327 19,298
Advance payments by borrowers for taxes and insurance 925 555
Junior subordinated debentures 26,875 26,833
Finance lease liability 2,257 2,283
Total liabilities 1,537,736 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 September 30, 2022 - 21,507,132 shares issued and outstanding March 31, 2022 - 22,155,636 shares issued and 22,127,396 outstanding 214 221
Additional paid-in capital 57,233 62,048
Retained earnings 112,167 104,931
Accumulated other comprehensive loss (22,452) (9,951)
Total shareholders' equity 147,162 157,249
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,684,898 $ 1,740,096