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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Interest Income:    
Loans $ 6,439 $ 5,642
Mortgage-backed securities 170 191
Investment securities 228 341
Money market investments 69 34
Total interest income 6,906 6,208
Interest expense:    
Deposits 935 776
Advances and other borrowed money 306 282
Total interest expense 1,241 1,058
Net interest income 5,665 5,150
Provision for (recovery of) loan losses (204) 34
Net interest income after (recovery of) provision for loan losses 5,869 5,116
Non-interest income:    
Depository fees and charges 802 668
Loan fees and service charges 143 172
Gain on sale of loans, net 66 194
Gain on sale of real estate owned, net 0 18
Gain on sale of building, net 17 0
Other 135 141
Total non-interest income 1,163 1,193
Non-interest expense:    
Employee compensation and benefits 2,936 2,781
Net occupancy expense 744 996
Equipment, net 188 162
Data processing 328 224 [1]
Consulting fees 192 145 [1]
Federal deposit insurance premiums 166 122
Other 2,033 1,421 [1]
Total non-interest expense 6,587 5,851 [1]
Income before income taxes 445 458
Income tax expense 37 13
Net income $ 408 $ 445 [2]
Earnings per common share:    
Basic $ 0.04 $ 0.05
Diluted $ 0.04 $ 0.05
[1] (1) June 30, 2015 amounts have been restated from previously reported results to correct for a material and certain other errors from prior periods. Refer to Note 1 for further detail.
[2] (1) June 30, 2015 amounts have been restated from previously reported results to correct for a material and certain other errors from prior periods. Refer to Note 1 for further detail.