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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2023
Mar. 31, 2023
ASSETS    
Cash and cash equivalents (including interest earning deposits in other banks of $23,717 and $10,397) $ 37,553 $ 22,044
Certificates of deposit held for investment   249
Investment securities:    
Available for sale, at estimated fair value 196,461 211,499
Held to maturity, at amortized cost (estimated fair value of $200,475 and $210,214) 232,659 243,843
Loans receivable (net of allowance for credit losses of $15,361 and $15,309) 1,002,838  
Loans receivable (net of allowance for credit losses of $15,361 and $15,309)   993,547
Prepaid expenses and other assets 14,486 15,950
Accrued interest receivable 5,248 4,790
Federal Home Loan Bank ("FHLB") stock , at cost 8,026 6,867
Premises and equipment, net 22,270 20,119
Financing lease right-of-use ("ROU") assets 1,221 1,278
Deferred income taxes, net 10,033 10,286
Goodwill 27,076 27,076
Core deposit intangible ("CDI"), net 298 379
Bank owned life insurance ("BOLI") 32,454 31,785
TOTAL ASSETS 1,590,623 1,589,712
LIABILITIES:    
Deposits 1,218,892 1,265,217
Accrued expenses and other liabilities 26,740 15,730
Advance payments by borrowers for taxes and insurance 299 625
FHLB advances 157,054 123,754
Junior subordinated debentures 26,982 26,918
Finance lease liability 2,184 2,229
Total liabilities 1,432,151 1,434,473
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, 2023 - 21,125,889 shares issued and outstanding March 31, 2023 - 21,221,960 shares issued and outstanding 211 212
Additional paid-in capital 54,982 55,511
Retained earnings 120,734 117,826
Accumulated other comprehensive loss (17,455) (18,310)
Total shareholders' equity 158,472 155,239
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,590,623 $ 1,589,712