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CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
$ in Thousands
 6 Months Ended
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES:    
Net income $ 2,523 $ 5,315
Adjustments to reconcile net income to net cash provided by operating activities:    
Depreciation and amortization 1,584 1,278
Purchased loans amortization, net 36 84
Provision for credit losses 100  
Stock-based compensation expense 52 (8)
Increase (decrease) in deferred loan origination fees, net of amortization (170) 62
Income from BOLI (490) (458)
Changes in certain other assets and liabilities:    
Prepaid expenses and other assets 222 1,497
Accrued interest receivable (155) (92)
Accrued expenses and other liabilities 2,498 2,862
Net cash provided by operating activities 6,200 10,540
CASH FLOWS FROM INVESTING ACTIVITIES:    
Loan originations, net (21,041) (768)
Purchases of loans receivable (15,786) (6,152)
Principal repayments on investment securities available for sale 4,493 7,467
Proceeds from calls and maturities of investment securities available for sale 10,230 3,015
Principal repayments on investment securities held to maturity 7,325 7,609
Proceeds from sale of shares in trading asset - VISA stock 392  
Purchases of premises and equipment and capitalized software (2,317) (3,468)
Redemption of certificates of deposit held for investment   249
Purchase of FHLB stock, net (630) (776)
Proceeds from sales of premises and equipment 86  
Net cash (used in) provided by investing activities (17,248) 7,176
CASH FLOWS FROM FINANCING ACTIVITIES:    
Net increase (decrease) in deposits 5,820 (25,451)
Dividends paid (1,688) (2,539)
Proceeds from borrowings 294,100 265,730
Repayment of borrowings (280,100) (246,330)
Net increase in advance payments by borrowers for taxes and insurance 267 253
Principal payments on finance lease liability (33) (29)
Proceeds from exercise of stock options   36
Repurchase of common stock   (577)
Net cash provided by (used in) financing activities 18,366 (8,907)
NET INCREASE IN CASH AND CASH EQUIVALENTS 7,318 8,809
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD 23,642 22,044
CASH AND CASH EQUIVALENTS, END OF PERIOD 30,960 30,853
Cash paid during the period for:    
Interest 10,504 7,435
Income taxes 49 1,170
NONCASH INVESTING AND FINANCING ACTIVITIES:    
Dividends declared and accrued in other liabilities 422 1,267
Net unrealized holding gains (losses) from available for sale investment securities 4,544 (7,080)
Income tax effect related to other comprehensive income (loss) (1,090) 1,699
Adjustment to retained earnings, net of deferred tax; - adoption of ASU 2016-13   $ (53)
Conversion of shares in trading asset - VISA stock $ 392