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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2022
INTEREST AND DIVIDEND INCOME:      
Interest and fees on loans receivable $ 46,031 $ 44,744 $ 44,079
Interest on investment securities - taxable 8,971 8,784 5,001
Interest on investment securities - nontaxable 261 262 237
Other interest and dividends 1,292 1,876 508
Total interest and dividend income 56,555 55,666 49,825
INTEREST EXPENSE:      
Interest on deposits 8,285 1,502 1,424
Interest on borrowings 10,184 2,558 776
Total interest expense 18,469 4,060 2,200
Net interest income 38,086 51,606 47,625
Provision for (recapture of) credit losses   750 (4,625)
Net interest income after provision for (recapture of) credit losses 38,086 50,856 52,250
NON-INTEREST INCOME:      
Loss on sales of available for sale investment securities (2,729)    
Income from BOLI 891 821 800
Other, net 483 277 228
Total non-interest income, net 10,242 12,194 12,744
NON-INTEREST EXPENSE:      
Salaries and employee benefits 24,204 23,982 23,635
Occupancy and depreciation 6,872 6,171 5,624
Data processing 2,782 2,722 2,940
Amortization of CDI 108 116 124
Advertising and marketing 1,276 923 614
FDIC insurance premium 708 534 439
State and local taxes 1,010 896 812
Telecommunications 211 204 197
Professional fees 1,375 1,201 1,235
Gain on sale of premises and equipment, net     (993)
Other 5,181 2,622 2,091
Total non-interest expense 43,727 39,371 36,718
INCOME BEFORE INCOME TAXES 4,601 23,679 28,276
PROVISION FOR INCOME TAXES 802 5,610 6,456
NET INCOME $ 3,799 $ 18,069 $ 21,820
Earnings per common share:      
Basic $ 0.18 $ 0.84 $ 0.98
Diluted $ 0.18 $ 0.83 $ 0.98
Weighted average number of common shares outstanding:      
Basic 21,137,976 21,637,526 22,213,029
Diluted 21,139,322 21,646,101 22,224,947
Fees and service charges      
NON-INTEREST INCOME:      
Non-interest income $ 6,269 $ 6,362 $ 7,109
Asset management fees.      
NON-INTEREST INCOME:      
Non-interest income $ 5,328 $ 4,734 4,107
BOLI death benefit in excess of cash surrender value      
NON-INTEREST INCOME:      
BOLI death benefit in excess of cash surrender value     $ 500