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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Interest income:    
Loans $ 4,823 $ 5,186
Mortgage-backed securities 313 230
Investment securities 282 264
Money market investments 167 443
Total interest income 5,585 6,123
Interest expense:    
Deposits 1,205 1,348
Advances and other borrowed money 208 277
Total interest expense 1,413 1,625
Net interest income 4,172 4,498
Provision for loan losses 1 5
Net interest income after (recovery of) provision for loan losses 4,171 4,493
Non-interest income:    
Depository fees and charges 804 833
Loan fees and service charges 88 72
Gain (loss) on sale of loans, net 3 0
Gain on sale of building, net 0 154
Other 65 245
Total non-interest income 960 1,304
Non-interest expense:    
Employee compensation and benefits 2,720 3,170
Net occupancy expense 1,117 932
Equipment, net 288 250
Data processing 405 424
Consulting fees 79 40
Federal deposit insurance premiums 88 250
Other 1,573 1,761
Total non-interest expense 6,270 6,827
Loss before income taxes (1,139) (1,030)
Income tax expense 0 0
Net loss $ (1,139) $ (1,030)
Net loss per common share:    
Loss per Share, Basic (in dollars per share) $ (0.31) $ (0.28)
Loss per Share, Diluted (in dollars per share) $ (0.31) $ (0.28)