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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2024
Sep. 30, 2024
Sep. 30, 2023
CASH FLOWS FROM OPERATING ACTIVITIES      
Net loss   $ (4,325) $ (3,007)
Adjustments to reconcile net income to net cash provided by operating activities:      
Financing Receivable, Excluding Accrued Interest, Credit Loss Expense (Reversal)   721 174
Stock based compensation expense   27 219
Depreciation and amortization expense   439 523
Gain (Loss) on Sales of Loans, Net   191 0
Amortization and accretion of loan premiums and discounts and deferred charges, net   209 126
Amortization and accretion of premiums and discounts — securities   97 186
Increase in accrued interest receivable   (1,192) (167)
Increase in other assets   (739) (5,892)
(Decrease) increase in other liabilities   (804) 823
Net cash used in operating activities   (5,376) (7,015)
CASH FLOWS FROM INVESTING ACTIVITIES      
Proceeds from principal payments, maturities and calls of investments: Available-for-sale   1,683 2,917
Proceeds from principal payments, maturities and calls of investments: Held-to-maturity   143 153
Loans held-for investment, net of (originations) and repayments/payoffs and maturities   (5,690) (13,890)
Loans purchased from third parties   (2,468) (26,956)
Proceeds from loans sold   143 0
Redemption of FHLB-NY stock, net   339 262
Purchase of premises and equipment   (260) (165)
Net cash provided by (used in) investing activities   5,270 (9,899)
CASH FLOWS FROM FINANCING ACTIVITIES      
Net increase in deposits   3,812 30,024
Repayment of short-term borrowings   0 (10,000)
Proceeds from Issuance of Long-term Debt   1,814 5,527
Repayment of long-term borrowings   (10,000) 0
Issuance of common stock   0 1,000
Net cash (used in) provided by financing activities   (4,374) 26,551
Net (decrease) increase in cash and cash equivalents $ (4,480)   9,637
Cash and cash equivalents at beginning of period $ 59,025 59,025 42,552
Cash and cash equivalents at end of period   54,545 52,189
Noncash financing and investing activities      
Conversion of preferred stock to common stock   0 2,200
Cash paid for:      
Interest   7,502 1,475
Tax on capital   $ 127 $ 132