Other Comprehensive Income (Loss)

12 Months Ended

Mar. 31, 2023

Statement of Comprehensive Income [Abstract]

Other Comprehensive Income (Loss)

The following tables set forth changes in each component of accumulated other comprehensive income (loss), net of tax for the years ended March 31, 2023 and 2022:

$ in thousands	At March 31, 2022		Other Comprehensive Income		At March 31, 2023
Net unrealized loss on securities available-for-sale	$	(6,662)	$	(5,553)	$	(12,215)

$ in thousands	At March 31, 2021		Other Comprehensive Income		At March 31, 2022
Net unrealized loss on securities available-for-sale	$	(3,175)	$	(3,487)	$	(6,662)

    There were no reclassifications out of accumulated other comprehensive loss to the consolidated statement of operations for the twelve months ended March 31, 2023 and 2022.

Comprehensive Income (Loss). Comprehensive income (loss) represents net income (loss) and certain amounts reported directly in stockholders' equity, such as net unrealized gain or loss on securities available-for-sale. The balance at March 31, 2023 included $5.6 million change in unrealized losses for the year ended March 31, 2023. The balance at March 31, 2022 included $3.5 million change in unrealized losses for the year ended March 31, 2022.