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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 6 Months Ended
Sep. 30, 2022
Sep. 30, 2021
CASH FLOWS FROM OPERATING ACTIVITIES    
Net (loss) income $ (1,812) $ (1,672)
Adjustments to reconcile net income to net cash provided by operating activities:    
(Recovery of) provision for loan losses (216) 276
Stock based compensation expense 20 98
Depreciation and amortization expense 521 513
Amortization and accretion of loan premiums and discounts and deferred charges, net (88) (59)
Amortization and accretion of premiums and discounts — securities 242 246
Decrease in accrued interest receivable 570 41
(Increase) decrease in other assets (105) 342
Decrease in other liabilities (8,990) (4,487)
Net cash used in operating activities (9,858) (4,702)
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from principal payments, maturities and calls of investments: Available-for-sale 5,259 7,849
Proceeds from principal payments, maturities and calls of investments: Held-to-maturity 2,738 2,165
Payment to Acquire Life Insurance Policy, Investing Activities (5,000) 0
Payments for (Proceeds from) Other Loans and Leases (14,069) 15,684
Loans purchased from third parties (8,901) (24,910)
Proceeds from participation loans sold 0 3,926
Purchase of FHLB-NY stock, net (1,907) (122)
Purchase of premises and equipment (123) (134)
Net cash provided by (used in) investing activities 6,135 (26,910)
CASH FLOWS FROM FINANCING ACTIVITIES    
Net (decrease) increase in deposits (1,747) 46,806
Proceeds from (Repayments of) Other Borrowings 39,997 (18,155)
Proceeds from (Repayments of) Other Long-Term Debt 0 2,500
Proceeds from Issuance of Preferred Stock and Preference Stock 0 4,000
Net cash provided by financing activities 38,250 35,151
Net increase in cash and cash equivalents 34,527 3,539
Cash and cash equivalents at beginning of period 61,018 75,591
Cash and cash equivalents at end of period 95,545 79,130
Noncash financing and investing activities    
Recognition of right-of-use asset 1,103 680
Recognition of finance lease asset 58  
Recognition of finance lease liability 58  
Conversion of Stock, Amount Converted 550 1,650
Cash paid for:    
Interest 1,518 4,261
Income taxes $ 112 $ 91