Quarterly Results of Operations (Unaudited)

12 Months Ended

Mar. 31, 2016

12. Quarterly Results of Operations (Unaudited)


	Fiscal Year ended March 31, 2016 (In thousands, except earnings per share amounts)
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Total revenue	$	22,025	$	22,687	$	22,757	$	23,238
Interest expense		2,166		2,273		2,311		2,257
Provision for credit losses		4,989		6,177		7,599		7,513
Non-interest expense		8,915		8,940		8,422		9,040

Operating income before income taxes		5,955		5,297		4,425		4,428
Income tax expense		2,285		2,041		1,698		1,702

Net income	$	3,670	$	3,256	$	2,727	$	2,726

Earnings per share:
Basic	$	0.48	$	0.43	$	0.36	$	0.35

Diluted	$	0.47	$	0.42	$	0.35	$	0.35


	Fiscal Year ended March 31, 2015 (In thousands, except earnings per share amounts)
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Total revenue	$	21,333	$	21,723	$	21,801	$	21,933
Interest expense		1,449		1,485		1,458		1,578
Provision for credit losses		4,232		5,154		5,797		5,188
Non-interest expense		8,921		8,089		8,408		8,935

Operating income before income taxes		6,731		6,995		6,138		6,232
Income tax expense		1,822		2,665		2,369		2,384

Net income	$	4,909	$	4,330	$	3,769	$	3,848

Earnings per share:
Basic	$	0.40	$	0.36	$	0.31	$	0.34

Diluted	$	0.40	$	0.35	$	0.30	$	0.33