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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2024
Mar. 31, 2024
ASSETS    
Cash and cash equivalents (including interest earning deposits in other banks of $12,573 and $12,164) $ 25,348 $ 23,642
Investment securities:    
Available for sale, at estimated fair value 124,874 143,196
Held to maturity, at amortized cost (estimated fair value of $180,474 and $195,519) 212,295 229,510
Loans receivable (net of allowance for credit losses of $15,352 and $15,364) 1,029,757 1,008,649
Prepaid expenses and other assets 12,945 14,469
Accrued interest receivable 4,639 4,415
Federal Home Loan Bank ("FHLB") stock, at cost 4,742 4,927
Premises and equipment, net 22,731 21,718
Financing lease right-of-use ("ROU") assets 1,144 1,202
Deferred income taxes, net 9,471 9,778
Goodwill 27,076 27,076
Core deposit intangible ("CDI"), net 196 271
Bank owned life insurance ("BOLI") 33,391 32,676
TOTAL ASSETS 1,508,609 1,521,529
LIABILITIES:    
Deposits 1,219,002 1,231,679
Accrued expenses and other liabilities 17,634 16,205
Advance payments by borrowers for taxes and insurance 317 581
FHLB advances 84,200 88,304
Junior subordinated debentures 27,069 27,004
Finance lease liability 2,117 2,168
Total liabilities 1,350,339 1,365,941
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 December 31, 2024 - 21,134,758 shares issued and outstanding March 31, 2024 - 21,111,043 shares issued and outstanding 209 211
Additional paid-in capital 54,227 55,005
Retained earnings 118,988 116,499
Accumulated other comprehensive loss (15,154) (16,127)
Total shareholders' equity 158,270 155,588
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY $ 1,508,609 $ 1,521,529