XML 16 R4.htm IDEA: XBRL DOCUMENT v3.6.0.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2016
Dec. 31, 2015
Interest Income:        
Loans $ 5,642 $ 6,467 $ 17,963 $ 18,283
Mortgage-backed securities 223 191 539 579
Investment securities 174 317 597 999
Money market investments 65 34 195 86
Total interest income 6,104 7,009 19,294 19,947
Interest expense:        
Deposits 966 841 2,830 2,398
Advances and other borrowed money 316 330 1,094 924
Total interest expense 1,282 1,171 3,924 3,322
Net interest income 4,822 5,838 15,370 16,625
Provision for (recovery of) loan losses (128) 728 (492) 1,405 [1]
Net interest income after (recovery of) provision for loan losses 4,950 5,110 15,862 15,220 [1]
Non-interest income:        
Depository fees and charges 847 820 2,452 2,297
Loan fees and service charges 116 114 365 456
Gain on sale of securities 0 0 58 1
Gain on sale of loans, net 0 305 4 499
Gain on sale of real estate owned, net (144) 146 (134) 164
Gain on sale of building, net 18 1,203 52 1,203
Lower of cost or market adjustment on loans held-for-sale (26) 1 (26) 1
Other 160 152 641 444
Total non-interest income 971 2,741 3,412 5,065
Non-interest expense:        
Employee compensation and benefits 3,138 2,921 9,111 8,431
Net occupancy expense 812 1,199 2,353 3,320
Equipment, net 173 150 561 476
Data processing 379 322 [2] 1,078 768 [3]
Consulting fees 218 245 486 535 [4]
Federal deposit insurance premiums 186 135 515 390
Other 2,171 2,242 6,133 5,347 [4]
Total non-interest expense 7,077 7,214 [2] 20,237 19,267 [4]
Income before income taxes (1,156) 637 [1] (963) 1,018 [2]
Income tax expense 0 67 37 159
Net income $ (1,156) $ 570 [1],[4] $ (1,000) $ 859 [2],[3]
Earnings per common share:        
Basic $ (0.31) $ 0.06 [1] $ (0.27) $ 0.09 [4]
Diluted $ (0.31) $ 0.06 [1] $ (0.27) $ 0.09 [4]
[1] (1) December 31, 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) December 31, 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.
[3] (1) December 31, 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.
[4] (1) December 31, 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.