v3.25.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
 12 Months Ended
Mar. 31, 2025
Mar. 31, 2024
Interest income:    
Loans $ 30,025 $ 29,651
Mortgage-backed securities 536 583
Investment securities 1,067 1,131
Money market investments 2,654 2,654
Total interest income 34,282 34,019
Interest expense:    
Deposits 13,038 9,079
Advances and other borrowed money 2,093 2,379
Total interest expense 15,131 11,458
Net interest income 19,151 22,561
Financing Receivable, Excluding Accrued Interest, Credit Loss Expense (Reversal) 1,191 83
Net interest income after provision for credit losses 17,960 22,478
Non-interest income:    
Depository fees and charges 2,383 2,208
Loan fees and service charges 238 493
(Loss) gain on sale of loans, net (191) 30
Grant income 80 3,050
Other 576 942
Total non-interest income 3,086 6,723
Non-interest expense:    
Employee compensation and benefits 14,825 13,548
Net occupancy expense 5,007 4,545
Equipment, net 2,414 2,047
Data processing 3,037 2,972
Consulting fees 596 481
Federal deposit insurance premiums 701 596
Other Noninterest Expense 8,210 7,989
Total non-interest expense 34,790 32,178
Loss before income tax expense (13,744) (2,977)
Income tax expense 0 0
Net loss $ (13,744) $ (2,977)
Loss per common share:    
Earnings (Loss) Per Share, Basic (in dollars per share) $ (2.65) $ (0.61)
Earnings (Loss) Per Share, Diluted (in dollars per share) $ (2.65) $ (0.61)