v3.25.2
Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Interest income:    
Loans $ 8,426 $ 8,067
Mortgage-backed securities 129 140
Investment securities 231 292
Money market investments 418 708
Total interest income 9,204 9,207
Interest expense:    
Deposits 3,286 3,111
Advances and other borrowed money 277 592
Total interest expense 3,563 3,703
Net interest income 5,641 5,504
Financing Receivable, Excluding Accrued Interest, Credit Loss Expense (Reversal) (26) 260
Net interest income after provision for (recovery of) credit losses 5,667 5,244
Non-interest income:    
Depository fees and charges 673 538
Loan fees and service charges 158 (29)
Grant income 0 80
Other 437 116
Total non-interest income 1,268 705
Noninterest Expense [Abstract]    
Employee compensation and benefits 3,681 3,501
Net occupancy expense 1,230 1,197
Equipment, net 590 580
Data processing 584 732
Consulting fees 137 79
Federal deposit insurance premiums 233 170
Other 1,657 1,902
Total non-interest expense 8,112 8,161
Loss before income taxes (1,177) (2,212)
Income tax expense 0 0
Net loss $ (1,177) $ (2,212)
Loss per common share:    
Earnings (loss) per Share, Basic (in dollars per share) $ (0.22) $ (0.43)
Earnings (loss) per Share, Diluted (in dollars per share) $ (0.22) $ (0.43)