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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Interest income:    
Loans $ 5,977 $ 4,839
Mortgage-backed securities 159 244
Investment securities 165 225
Money market investments 72 21
Total interest income 6,373 5,329
Interest expense:    
Deposits 411 525
Advances and other borrowed money 148 152
Total interest expense 559 677
Net interest income 5,814 4,652
(Recovery of) provision for loan losses (27) 72
Net interest income after (recovery of) provision for loan losses 5,841 4,580
Non-interest income:    
Depository fees and charges 555 603
Loan fees and service charges 119 102
Other 35 936
Total non-interest income 709 1,641
Non-interest expense:    
Employee compensation and benefits 3,184 2,808
Net occupancy expense 1,084 1,087
Equipment, net 514 474
Data processing 616 837
Consulting fees 150 20
Federal deposit insurance premiums 101 91
Other 1,758 3,660
Total non-interest expense 7,407 8,977
Loss before income taxes (857) (2,756)
Income tax expense 0 0
Net loss $ (857) $ (2,756)
Loss per common share:    
Earnings (loss) per Share, Basic (in dollars per share) $ (0.20) $ (0.81)
Earnings (loss) per Share, Diluted (in dollars per share) $ (0.20) $ (0.81)