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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Interest income:        
Loans $ 4,640 $ 5,471 $ 14,757 $ 16,920
Mortgage-backed securities 386 238 897 733
Investment securities 326 163 915 477
Money market investments 214 181 1,037 433
Total interest income 5,566 6,053 17,606 18,563
Interest expense:        
Deposits 1,263 1,073 4,013 2,961
Advances and other borrowed money 207 291 683 873
Total interest expense 1,470 1,364 4,696 3,834
Net interest income 4,096 4,689 12,910 14,729
(Recovery of) provision for loan losses (332) 6 (278) 130
Net interest income after (recovery of) provision for loan losses 4,428 4,683 13,188 14,599
Non-interest income:        
Depository fees and charges 862 817 2,549 2,563
Loan fees and service charges 114 172 256 414
Gain (loss) on sale of loans, net 0 0 (23) 0
Gain on sale of building, net 154 18 462 52
Other 197 339 466 665
Total non-interest income 1,327 1,346 3,710 3,694
Non-interest expense:        
Employee compensation and benefits 3,003 3,204 9,283 9,335
Net occupancy expense 902 856 3,188 2,555
Equipment, net 323 242 882 626
Data processing 457 385 1,294 1,203
Consulting fees 102 186 211 620
Federal deposit insurance premiums 170 163 666 460
Operating loss 453 0 453 0
Other 1,660 1,906 5,217 5,582
Total non-interest expense 7,070 6,942 21,194 20,381
Loss before income taxes (1,315) (913) (4,296) (2,088)
Income tax expense 34 31 100 91
Net loss $ (1,349) $ (944) $ (4,396) $ (2,179)
Net loss per common share:        
Loss per Share, Basic (in dollars per share) $ (0.36) $ (0.26) $ (1.19) $ (0.59)
Loss per Share, Diluted (in dollars per share) $ (0.36) $ (0.26) $ (1.19) $ (0.59)