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Non-interest Revenue and Expense
 9 Months Ended
Dec. 31, 2022
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 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. Interchange 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 nine months ended December 31, 2022 and 2021:
Three Months Ended December 31,
Nine Months Ended December 31,
$ in thousands
2022
2021
2022
2021
Non-interest income
In-scope of Topic 606
Depository fees and charges$561 $432 $1,669 $1,627 
Loan fees and service charges68 52 317 190 
Other non-interest income42 976 204 2,487 
Non-interest income (in-scope of Topic 606)671 1,460 2,190 4,304 
Non-interest income (out-of-scope of Topic 606)(265)371 24 2,332 
Total non-interest income$406 $1,831 $2,214 $6,636 
    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 December 31,
Nine Months Ended December 31,
$ in thousands
2022
2021
2022
2021
Other non-interest income:
Correspondent banking fees$4 $965 147 2,454 
Other86 177 224 267 
Total non-interest income$90 $1,142 $371 $2,721 
Other non-interest expense:
Advertising$104 $133 $368 $412 
Legal expense63 285 246 612 
Insurance and surety293 253 878 631 
Audit expense148 425 448 674 
Data lines / internet105 94 299 307 
Security services85 81 234 187 
Retail expenses224 115 690 602 
Loss contingency— (770)— 1,203 
Director's fees24 131 270 273 
Other679 623 1,892 1,843 
Total non-interest expense$1,725 $1,370 $5,325 $6,744