v3.25.1
EMPLOYEE BENEFIT PLANS (Tables)
12 Months Ended
Mar. 31, 2025
EMPLOYEE BENEFIT PLANS  
Schedule of activity related to options under all plans

    

2024

2023

 

    

Weighted 

    

    

Weighted 

Average

Average

Number of

Exercise

Number of

Exercise

 

Shares

 

Price

 

Shares

 

  Price

Balance, beginning of period

 

14,310

$

2.78

 

17,332

$

2.78

Options exercised

 

(12,799)

 

2.78

 

(1,511)

 

2.78

Options expired

 

(1,511)

 

2.78

 

(1,511)

 

2.78

Balance, end of period

 

$

 

14,310

$

2.78

Schedule of unvested restricted stock activity

    

Time Based

    

Performance Based

    

Total

Number 

Weighted 

Number 

Weighted 

Number 

Weighted 

of

Average 

of

Average 

of

Average 

 Unvested 

Grant Date

 Unvested 

Grant Date

 Unvested 

Grant Date

Year Ended March 31, 2025

    

Shares

    

Fair Value

    

Shares

    

Fair Value

    

Shares

    

Fair Value

Balance, beginning of period

 

15,779

$

5.72

 

63,397

$

5.68

 

79,176

$

5.69

Granted

 

147,462

 

5.76

 

90,401

 

5.76

 

237,863

 

5.76

Forfeited

 

 

 

(14,075)

 

5.21

 

(14,075)

 

5.21

Vested

 

(8,207)

 

6.04

 

(14,554)

 

6.78

 

(22,761)

 

6.52

Balance, end of period

 

155,034

$

5.74

 

125,169

$

5.66

 

280,203

$

5.71

    

Time Based

    

Performance Based

    

Total

Number 

Weighted 

Number 

Weighted 

Number 

Weighted 

of

Average 

of

Average 

of

Average 

 Unvested 

Grant Date

 Unvested 

Grant Date

 Unvested 

Grant Date

Year Ended March 31, 2024

    

Shares

    

Fair Value

    

Shares

    

Fair Value

    

Shares

    

Fair Value

Balance, beginning of period

 

29,977

$

6.14

 

132,645

$

6.05

 

162,622

$

6.07

Granted

 

19,926

 

5.21

 

84,040

 

5.21

 

103,966

 

5.21

Forfeited

 

(19,006)

 

5.81

 

(99,514)

 

5.94

 

(118,520)

 

5.92

Vested

 

(15,118)

 

5.77

 

(53,774)

 

5.38

 

(68,892)

 

5.47

Balance, end of period

 

15,779

$

5.72

 

63,397

$

5.68

 

79,176

$

5.69