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Subsequent Events
3 Months Ended
Jun. 30, 2023
Subsequent Events [Abstract]  
Subsequent Events SUBSEQUENT EVENTSOn July 19, 2023, the Company entered into an agreement with National Community Investment Fund, under which it sold 378,788 shares of its common stock, par value $0.01 per share, at a purchase price of $2.64 per share in a private placement for gross proceeds of approximately $1.0 million. The Company intends to use the net proceeds of the private placement for general corporate purposes. The issuance of the shares is exempt from registration pursuant to under Section 4(a)(2) of the Securities Act of 1933, as amended, and Regulation D of the rules and regulations promulgated thereunder. On August 9, 2023, the Company announced that Michael T. Pugh will leave his positions as Chief Executive Officer and President and director of both the Company and the Bank, effective September 30, 2023, to pursue professional and philanthropic interests on a national level. A national search will be conducted by the Company to find a permanent Chief Executive Officer and President through an executive search process.