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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 3 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 966 $ 2,843
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 779 624
Purchased loans amortization, net 19 29
Stock-based compensation expense 26 62
Decrease in deferred loan origination fees, net of amortization (66) (59)
Income from BOLI (211) (200)
Changes in certain other assets and liabilities:    
Prepaid expenses and other assets 207 1,845
Accrued interest receivable (383) 25
Accrued expenses and other liabilities 4,099 3,901
Net cash provided by operating activities 5,436 9,070
CASH FLOWS FROM INVESTING ACTIVITIES:    
Loan (originations) repayments, net (15,452) 10,361
Purchases of loans receivable (5,553) (5,891)
Principal repayments on investment securities available for sale 2,216 4,316
Proceeds from calls and maturities of investment securities available for sale 3,000  
Principal repayments on investment securities held to maturity 3,594 3,879
Proceeds from sale of shares in trading asset - VISA stock 193  
Purchases of premises and equipment and capitalized software (110) (2,113)
Redemption of certificates of deposit held for investment   249
Purchase of FHLB stock, net (1,134) (493)
Proceeds from sales of premises and equipment 86  
Net cash (used in) provided by investing activities (13,160) 10,308
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net decrease in deposits (12,000) (21,895)
Dividends paid (1,267) (1,272)
Proceeds from borrowings 151,800 157,945
Repayment of borrowings (126,600) (145,630)
Net decrease in advance payments by borrowers for taxes and insurance (30) (51)
Principal payments on finance lease liability (17) (14)
Proceeds from exercise of stock options   19
Repurchase of common stock   (577)
Net cash provided by (used in) financing activities 11,886 (11,475)
NET INCREASE IN CASH AND CASH EQUIVALENTS 4,162 7,903
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 23,642 22,044
CASH AND CASH EQUIVALENTS, END OF PERIOD 27,804 29,947
Cash paid during the period for:    
Interest 5,094 3,393
Income taxes 24  
NONCASH INVESTING AND FINANCING ACTIVITIES:    
Dividends declared and accrued in other liabilities 422 1,267
Net unrealized holding losses from available for sale investment securities (329) (2,897)
Income tax effect related to other comprehensive loss 79 695
Adjustment to retained earnings, net of deferred tax; - adoption of ASU 2016-13   $ (53)
Conversion of shares in trading asset - VISA stock $ 190