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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Dec. 31, 2020
Dec. 31, 2019
Interest income:        
Loans $ 4,749 $ 4,906 $ 13,804 $ 14,318
Mortgage-backed securities 192 276 509 885
Investment securities 277 190 716 702
Money market investments 21 120 70 460
Total interest income 5,239 5,492 15,099 16,365
Interest expense:        
Deposits 938 1,155 3,048 3,544
Advances and other borrowed money 162 308 492 776
Total interest expense 1,100 1,463 3,540 4,320
Net interest income 4,139 4,029 11,559 12,045
Provision for (recovery of) loan losses 4 8 (99) 16
Net interest income after provision for (recovery of) loan losses 4,135 4,021 11,658 12,029
Non-interest income:        
Depository fees and charges 692 846 2,041 2,461
Loan fees and service charges 65 82 234 243
Gain on sale of securities 0 0 862 0
Gain on sale of loans, net 0 0 0 25
Other 142 37 1,418 186
Total non-interest income 899 965 4,555 2,915
Non-interest expense:        
Employee compensation and benefits 2,837 2,799 8,369 8,327
Net occupancy expense 1,066 1,097 3,296 3,361
Equipment, net 386 392 1,239 1,032
Data processing 451 445 1,564 1,271
Consulting fees 38 19 154 147
Federal deposit insurance premiums 107 57 265 56
Other 1,459 1,613 4,257 4,375
Total non-interest expense 6,344 6,422 19,144 18,569
Loss before income taxes (1,310) (1,436) (2,931) (3,625)
Income tax expense 0 0 0 0
Net loss $ (1,310) $ (1,436) $ (2,931) $ (3,625)
Loss per common share:        
Loss per Share, Basic (in dollars per share) $ (0.44) $ (0.39) $ (0.84) $ (0.98)
Loss per Share, Diluted (in dollars per share) $ (0.44) $ (0.39) $ (0.84) $ (0.98)