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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Interest income:    
Loans $ 4,385 $ 4,823
Mortgage-backed securities 228 313
Investment securities 158 282
Money market investments 17 167
Total interest income 4,788 5,585
Interest expense:    
Deposits 1,075 1,205
Advances and other borrowed money 167 208
Total interest expense 1,242 1,413
Net interest income 3,546 4,172
(Recovery of) provision for loan losses (102) 1
Net interest income after (recovery of) provision for loan losses 3,648 4,171
Non-interest income:    
Depository fees and charges 587 804
Loan fees and service charges 72 88
Gain (Loss) on Sale of Investments 862 0
Gain (loss) on sale of loans, net 0 3
Other 162 46
Total non-interest income 1,683 941
Non-interest expense:    
Employee compensation and benefits 2,646 2,720
Net occupancy expense 1,111 1,117
Equipment, net 394 288
Data processing 460 405
Consulting fees 61 79
Federal deposit insurance premiums 72 88
Other 1,399 1,554
Total non-interest expense 6,143 6,251
Loss before income taxes (812) (1,139)
Income tax expense 0 0
Net loss $ (812) $ (1,139)
Loss per common share:    
Loss per Share, Basic (in dollars per share) $ (0.22) $ (0.31)
Loss per Share, Diluted (in dollars per share) $ (0.22) $ (0.31)