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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 9 Months Ended
Dec. 31, 2023
Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 6,767 $ 15,086
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,934 2,053
Purchased loans amortization (accretion), net 92 (43)
Stock-based compensation expense 11 292
Increase (decrease) in deferred loan origination fees, net of amortization 326 (30)
Income from BOLI (669) (626)
Changes in certain other assets and liabilities:    
Prepaid expenses and other assets 1,577 (258)
Accrued interest receivable (458) (1,077)
Accrued expenses and other liabilities 11,041 (405)
Net cash provided by operating activities 20,621 14,992
CASH FLOWS FROM INVESTING ACTIVITIES:    
Loan (originations) repayments, net (2,093) 22,333
Purchases of loans receivable (7,658) (48,330)
Principal repayments on investment securities available for sale 13,229 11,907
Purchases of investment securities available for sale   (73,303)
Proceeds from calls of investment securities available for sale 3,016 10
Principal repayments on investment securities held to maturity 10,867 14,033
Purchases of investment securities held to maturity   (8,496)
Purchases of premises and equipment and capitalized software (3,812) (4,449)
Redemption of certificates of deposits held for investment 249  
Purchase of FHLB stock, net (1,159) (1,290)
Proceeds from sales of real estate owned ("REO") and premises and equipment   63
Net cash provided by (used in) investing activities 12,639 (87,522)
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net decrease in deposits (46,325) (167,881)
Dividends paid (3,814) (3,827)
Proceeds from borrowings 465,480 38,514
Repayment of borrowings (432,180) (6,250)
Net decrease in advance payments by borrowers for taxes and insurance (326) (212)
Principal payments on finance lease liability (45) (40)
Proceeds from exercise of stock options 36 4
Repurchase of common stock (577) (4,865)
Net cash used in financing activities (17,751) (144,557)
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS 15,509 (217,087)
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 22,044 241,424
CASH AND CASH EQUIVALENTS, END OF PERIOD 37,553 24,337
Cash paid during the period for:    
Interest 12,205 1,696
Income taxes 1,620 3,993
NONCASH INVESTING AND FINANCING ACTIVITIES:    
Dividends declared and accrued in other liabilities 1,267 1,290
Net unrealized holding gains (losses) from available for sale investment securities 1,125 (15,273)
Income tax effect related to other comprehensive (income) loss (270) $ 3,666
Adjustment to retained earnings, net of deferred tax; - adoption of ASU 2016-13 $ (53)