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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended
Jun. 30, 2024
Jun. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES    
Net loss $ (2,212) $ (1,421)
Adjustments to reconcile net income to net cash provided by operating activities:    
Financing Receivable, Excluding Accrued Interest, Credit Loss Expense (Reversal) 260 6
Stock based compensation expense 27 175
Depreciation and amortization expense 226 260
Amortization and accretion of loan premiums and discounts and deferred charges, net 118 49
Amortization and accretion of premiums and discounts — securities 48 61
Increase in accrued interest receivable (7) (70)
(Increase) decrease in other assets (316) 203
Decrease in other liabilities (493) (972)
Net cash used in operating activities (2,349) (1,709)
CASH FLOWS FROM INVESTING ACTIVITIES    
Proceeds from principal payments, maturities and calls of investments: Available-for-sale 775 799
Proceeds from principal payments, maturities and calls of investments: Held-to-maturity 67 80
Loans held-for investment, net of (originations) and repayments/payoffs and maturities 2,991 (10,294)
Loans purchased from third parties (1,186) (3,052)
(Purchase) redemption of FHLB-NY stock, net (111) 60
Purchase of premises and equipment (154) (66)
Net cash used in (provided by) investing activities (3,600) 8,115
CASH FLOWS FROM FINANCING ACTIVITIES    
Net decrease in deposits (8,546) (7,267)
Proceeds from Issuance of Long-term Debt 1,814 0
Net cash used in financing activities (6,732) (7,267)
Net decrease in cash and cash equivalents (12,681) (861)
Cash and cash equivalents at beginning of period 59,025 42,552
Cash and cash equivalents at end of period 46,344 41,691
Noncash financing and investing activities    
Conversion of preferred stock to common stock 0 1,650
Cash paid for:    
Interest 3,734 1,955
Tax on capital $ 67 $ 72