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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Interest income:    
Loans $ 18,959 $ 19,470
Mortgage-backed securities 1,230 1,265
Investment securities 868 1,252
Money market investments 570 1,243
Total interest income 21,627 23,230
Interest expense:    
Deposits 4,640 5,232
Advances and other borrowed money 991 909
Total interest expense 5,631 6,141
Net interest income 15,996 17,089
Provision for (recovery of) for loan losses 19 (270)
Net interest income after provision for (recovery of) loan losses 15,977 17,359
Non-interest income:    
Depository fees and charges 3,147 3,337
Loan fees and service charges 342 341
Loss on sale of securities, net 0 (16)
Gain on sale of loans, net 66 29
Gain on sale of building 0 616
Other 184 342
Total non-interest income 3,739 4,649
Non-interest expense:    
Employee compensation and benefits 11,372 12,248
Net occupancy expense 4,529 4,255
Equipment, net 1,502 1,215
Data processing 1,753 1,774
Consulting fees 244 416
Federal deposit insurance premiums 133 638
Other 5,606 7,398
Total non-interest expense 25,139 27,944
Loss before income tax expense (5,423) (5,936)
Income tax expense 0 0
Net loss $ (5,423) $ (5,936)
Loss per common share:    
Earnings (Loss) Per Share, Basic (in dollars per share) $ (1.47) $ (1.60)
Earnings (Loss) Per Share, Diluted (in dollars per share) $ (1.47) $ (1.60)