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Non-interest Revenue and Expense
 6 Months Ended
Sep. 30, 2021
Revenue from Contract with Customer [Abstract]  
Revenue from Contract with Customer NON-INTEREST REVENUE AND EXPENSE
    Topic 606 does not apply to revenue associated with financial instruments, including revenue from loans and securities. In addition, certain non-interest income streams such as gains on sales of residential mortgage and SBA loans, income associated with servicing assets, and loan fees, including residential mortgage originations to be sold and prepayment and late fees charged across all loan categories are also not in scope of the new guidance. Topic 606 is applicable to non-interest revenue streams, such as depository fees, service charges and commission revenues. However, the recognition of these revenue streams did not change significantly upon adoption of Topic 606. Non-interest revenue streams in-scope of Topic 606 are discussed below.

Depository fees and charges

    Depository fees and charges primarily relate to service fees on deposit accounts and fees earned from debit cards and check cashing transactions. Service fees on deposit accounts consist of ATM fees, NSF fees, account maintenance charges and other deposit related fees. The revenue is recognized monthly when the Bank's performance obligations are complete, or as incurred for transaction-based fees in accordance with the fee schedules for the Bank's deposit products and services.
Loan fees and service charges

    Loan fees and service charges primarily relate to program management fees and fees earned in accordance with the Bank's standard lending fees (such as inspection and late charges). These standard lending fees are earned on a monthly basis upon receipt.

Other non-interest income

    Other non-interest income includes correspondent banking fees, and income associated with an advertising services agreement covering marketing and use of the Bank's office space with a third party. The revenue is recognized on a monthly basis.

Interchange income
    
    The Company earns interchange fees from debit card holder transactions conducted through various payment networks. Interchangee fees from cardholder transactions are recognized daily, concurrently with the transaction processing services provided by an outsource technology solution and are presented on a net basis.

    The following table presents non-interest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for the three and six months ended September 30, 2021 and 2020:
Three Months Ended September 30,
Six Months Ended September 30,
$ in thousands
2021
2020
2021
2020
Non-interest income
In-scope of Topic 606
Depository fees and charges$592 $762 $1,195 $1,349 
Loan fees and service charges41 82 139 140 
Other non-interest income636 612 1,511 704 
Non-interest income (in-scope of Topic 606)1,269 1,456 2,845 2,193 
Non-interest income (out-of-scope of Topic 606)1,895 517 1,960 1,463 
Total non-interest income$3,164 $1,973 $4,805 $3,656 
    The following table sets forth other non-interest income and expense totals exceeding 1% of the aggregate of total interest income and non-interest income for any of the periods presented:
Three Months Ended September 30,
Six Months Ended September 30,
$ in thousands
2021
2020
2021
2020
Other non-interest income:
Correspondent banking fees$624 $601 $1,489 $680 
Other19 13 90 96 
Total non-interest income$643 $614 $1,579 $776 
Other non-interest expense:
Advertising$180 $45 $279 $70 
Legal expense248 192 327 262 
Insurance and surety179 174 378 333 
Audit expense137 138 248 275 
Data lines / internet104 96 213 208 
Retail expenses245 207 488 391 
Operating chargeoffs and other losses(101)16 2,016 40 
Director's fees71 85 142 170 
Other651 446 1,283 1,049 
Total non-interest expense$1,714 $1,399 $5,374 $2,798