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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 12 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Mar. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES      
Net loss $ (2,977) $ (4,401)  
Adjustments to reconcile net loss to net cash used in operating activities:      
Financing Receivable, Excluding Accrued Interest, Credit Loss Expense (Reversal) 83    
Provision for credit losses   100  
Stock based compensation expense 220 91  
Depreciation and amortization expense 965 1,058  
Gain on sale of loans, net (30) (107)  
Amortization and accretion of loan premiums and discounts and deferred charges 216 (202)  
Amortization and accretion of premiums and discounts - securities (298) (397)  
(Increase) decrease in accrued interest receivable (1,751) 503  
Increase (Decrease) in Other Assets (541) 480  
Increase (Decrease) in Other Liabilities (3,054) (8,432)  
Net cash used in operating activities (6,571) (10,513)  
CASH FLOWS FROM INVESTING ACTIVITIES      
Proceeds from principal payments, maturities and calls of investments: Available-for-sale 5,032 7,812  
Proceeds from principal payments, maturities and calls of investments: Held-to-maturity 304 2,927  
Purchase of bank-owned life insurance 0 (5,000)  
Loans held-for-investment, net of originations and repayments/payoffs and maturities (6,275) 9,934  
Payments to Acquire Other Investments (603) 0  
Loans purchased from third parties (31,526) (14,289)  
Proceeds from participation loans sold 0 4,000  
Proceeds from sale of loans 563 1,129  
Redemption (purchase) of FHLB-NY stock 262 (1,682)  
Purchase of premises and equipment (360) (225)  
Net cash used in investing activities (20,053) (15,262)  
CASH FLOWS FROM FINANCING ACTIVITIES      
Net increase (decrease) in deposits 46,570 (27,688)  
Proceeds from short-term borrowings 0 10,000  
Repayments of Short-Term Debt (10,000) 0  
Proceeds from Issuance of Long-term Debt 5,527 25,000  
Repayments of Long-Term Debt 0 (3)  
Proceeds from Issuance of Common Stock 1,000 0 $ 3,000
Net cash provided by financing activities 43,097 7,309  
Net increase (decrease) in cash and cash equivalents 16,473 (18,466)  
Cash, and cash equivalents - Beginning Balance 42,552 61,018  
Cash and cash equivalents - Ending Balance 59,025 42,552 $ 61,018
Noncash financing and investing activities      
Recognition of right-of-use asset 0 1,103  
Recognition of finance lease asset 0 183  
Recognition of finance lease liability 0 183  
Conversion of preferred stock to commom stock 3,644 550  
Cash paid for:      
Interest 10,711 4,621  
Income taxes $ 232 $ 193