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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
INTEREST AND DIVIDEND INCOME:        
Interest and fees on loans receivable $ 12,683 $ 11,433 $ 24,735 $ 22,643
Interest on investment securities - taxable 1,874 2,261 3,846 4,595
Interest on investment securities - nontaxable 65 65 130 131
Other interest and dividends 320 276 630 623
Total interest and dividend income 14,942 14,035 29,341 27,992
INTEREST EXPENSE:        
Interest on deposits 3,855 1,832 7,302 3,205
Interest on borrowings 2,145 2,352 4,276 4,577
Total interest expense 6,000 4,184 11,578 7,782
Net interest income 8,942 9,851 17,763 20,210
Provision for credit losses 100   100  
Net interest income after provision for credit losses 8,842 9,851 17,663 20,210
NON-INTEREST INCOME:        
Income from BOLI 279 258 490 458
Other, net 605 138 663 242
Total non-interest income, net 3,841 3,407 7,208 6,692
NON-INTEREST EXPENSE:        
Salaries and employee benefits 6,477 5,845 12,865 11,888
Occupancy and depreciation 1,921 1,649 3,816 3,232
Data processing 695 710 1,459 1,384
Amortization of CDI 25 27 50 54
Advertising and marketing 367 355 677 668
FDIC insurance premium 166 175 344 352
State and local taxes 234 233 450 459
Telecommunications 52 52 99 105
Professional fees 304 265 794 608
Other 460 778 1,116 1,317
Total non-interest expense 10,701 10,089 21,670 20,067
INCOME BEFORE INCOME TAXES 1,982 3,169 3,201 6,835
PROVISION FOR INCOME TAXES 425 697 678 1,520
NET INCOME $ 1,557 $ 2,472 $ 2,523 $ 5,315
Earnings per common share:        
Basic $ 0.07 $ 0.12 $ 0.12 $ 0.25
Diluted $ 0.07 $ 0.12 $ 0.12 $ 0.25
Weighted average number of common shares outstanding:        
Basic 21,097,580 21,190,987 21,104,275 21,163,692
Diluted 21,097,580 21,191,309 21,104,275 21,166,383
Fees and service charges        
NON-INTEREST INCOME:        
Non-interest income $ 1,524 $ 1,738 $ 3,064 $ 3,338
Asset management fees        
NON-INTEREST INCOME:        
Non-interest income $ 1,433 $ 1,273 $ 2,991 $ 2,654