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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Interest income:        
Loans $ 4,589 $ 4,931 $ 9,412 $ 10,117
Mortgage-backed securities 296 281 609 511
Investment securities 230 325 512 589
Money market investments 173 380 340 823
Total interest income 5,288 5,917 10,873 12,040
Interest expense:        
Deposits 1,184 1,402 2,389 2,750
Advances and other borrowed money 260 199 468 476
Total interest expense 1,444 1,601 2,857 3,226
Net interest income 3,844 4,316 8,016 8,814
Provision for loan losses 7 49 8 54
Net interest income after provision for loan losses 3,837 4,267 8,008 8,760
Non-interest income:        
Depository fees and charges 811 854 1,615 1,687
Loan fees and service charges 73 70 161 142
Gain (loss) on sale of loans, net 22 (23) 25 (23)
Gain on sale of building, net 0 154 0 308
Other 292 24 357 269
Total non-interest income 1,198 1,079 2,158 2,383
Non-interest expense:        
Employee compensation and benefits 2,808 3,110 5,528 6,280
Net occupancy expense 1,147 1,354 2,264 2,286
Equipment, net 352 309 640 559
Data processing 421 413 826 837
Consulting fees 49 69 128 109
Federal deposit insurance premiums (credits) (89) 246 (1) 496
Other 1,397 1,796 2,970 3,557
Total non-interest expense 6,085 7,297 12,355 14,124
Loss before income taxes (1,050) (1,951) (2,189) (2,981)
Income tax expense 0 66 0 66
Net loss $ (1,050) $ (2,017) $ (2,189) $ (3,047)
Net loss per common share:        
Loss per Share, Basic (in dollars per share) $ (0.28) $ (0.55) $ (0.59) $ (0.82)
Loss per Share, Diluted (in dollars per share) $ (0.28) $ (0.55) $ (0.59) $ (0.82)