XML 16 R4.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Interest income:    
Loans $ 5,652 $ 6,453 [1]
Mortgage-backed securities 250 170
Investment securities 158 228
Money market investments 111 69
Total interest income 6,171 6,920 [2]
Interest expense:    
Deposits 932 935
Advances and other borrowed money 286 327 [2]
Total interest expense 1,218 1,262 [2]
Net interest income 4,953 5,658 [2]
Provision for (recovery of) loan losses 120 (204)
Net interest income after provision for (recovery of) loan losses 4,833 5,862 [2]
Non-interest income:    
Depository fees and charges 895 802
Loan fees and service charges 98 120 [2]
Gain on sale of loans, net 0 66
Gain on sale of real estate owned, net of market value adjustment 67 0
Gain on sale of building, net 17 17
Other 132 135
Total non-interest income 1,209 1,140 [1]
Non-interest expense:    
Employee compensation and benefits 3,069 2,936
Net occupancy expense 827 743
Equipment, net 193 188
Data processing 393 328
Consulting fees 240 192
Federal deposit insurance premiums 147 166
Other 1,784 2,087 [1]
Total non-interest expense 6,653 6,640 [1]
(Loss) income before income taxes (611) 362 [3]
Income tax expense 30 37
Net (loss) income $ (641) $ 325 [3],[4]
(Loss) earnings per common share:    
Loss per Share, Basic (in dollars per share) $ (0.17) $ 0.04 [2]
Loss per Share, Diluted (in dollars per share) $ (0.17) $ 0.04 [2]
[1] (1) June 30, 2016 balances have been restated from previously reported results to correct for material and certain other errors from prior periods. Refer to Note 1 for further detail.
[2] (1) June 30, 2016 balances have been restated from previously reported results to correct for material and certain other errors from prior periods. Refer to Note 1 for further detail.
[3] (1) June 30, 2016 balances have been restated from previously reported results to correct for material and certain other errors from prior periods. Refer to Note 1 for further detail.
[4] (1) June 30, 2016 balances have been restated from previously reported results to correct for material and certain other errors from prior periods. Refer to Note 1 for further detail.