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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2024
Dec. 31, 2023
INTEREST AND DIVIDEND INCOME:        
Interest and fees on loans receivable $ 13,201 $ 11,645 $ 37,936 $ 34,288
Interest on investment securities - taxable 1,589 2,231 5,435 6,826
Interest on investment securities - nontaxable 65 65 195 196
Other interest and dividends 272 331 902 954
Total interest and dividend income 15,127 14,272 44,468 42,264
INTEREST EXPENSE:        
Interest on deposits 4,101 2,059 11,403 5,264
Interest on borrowings 1,638 2,889 5,914 7,466
Total interest expense 5,739 4,948 17,317 12,730
Net interest income 9,388 9,324 27,151 29,534
Provision for credit losses     100  
Net interest income after provision for credit losses 9,388 9,324 27,051 29,534
NON-INTEREST INCOME:        
Income from BOLI 225 211 715 669
Other, net 181 46 844 288
Total non-interest income, net 3,341 3,056 10,549 9,748
NON-INTEREST EXPENSE:        
Salaries and employee benefits 6,471 6,091 19,336 17,979
Occupancy and depreciation 1,871 1,698 5,687 4,930
Data processing 743 712 2,202 2,096
Amortization of CDI 25 27 75 81
Advertising and marketing 317 282 994 950
FDIC insurance premium 174 178 518 530
State and local taxes 327 355 777 814
Telecommunications 54 56 153 161
Professional fees 429 353 1,223 961
Other 743 799 1,859 2,116
Total non-interest expense 11,154 10,551 32,824 30,618
INCOME BEFORE INCOME TAXES 1,575 1,829 4,776 8,664
PROVISION FOR INCOME TAXES 343 377 1,021 1,897
NET INCOME $ 1,232 $ 1,452 $ 3,755 $ 6,767
Earnings per common share:        
Basic $ 0.06 $ 0.07 $ 0.18 $ 0.32
Diluted $ 0.06 $ 0.07 $ 0.18 $ 0.32
Weighted average number of common shares outstanding:        
Basic 21,037,246 21,113,464 21,081,851 21,146,888
Diluted 21,037,246 21,113,464 21,081,851 21,148,679
Fees and service charges        
NON-INTEREST INCOME:        
Non-interest income $ 1,492 $ 1,533 $ 4,556 $ 4,871
Asset management fees        
NON-INTEREST INCOME:        
Non-interest income $ 1,443 $ 1,266 $ 4,434 $ 3,920