LEASES (Tables)

12 Months Ended

Mar. 31, 2026

Schedule of lease right-of-use assets and lease liabilities

The table below presents the ROU assets and lease liabilities recorded in the consolidated balance sheet at the dates indicated (dollars in thousands):


	March 31,			March 31,			Classification in the
Leases	2026			2025			consolidated balance sheets
Finance lease ROU asset	$	1,048		$	1,125		Financing lease ROU asset
Finance lease liability	$	2,020		$	2,099		Finance lease liability
Finance lease remaining lease term		13.68	years		14.68	years
Finance lease discount rate		7.16	%		7.16	%

Operating lease ROU asset	$	3,629		$	4,245		Prepaid expenses and other assets
Operating lease liability	$	3,820		$	4,465		Accrued expenses and other liabilities
Operating lease weighted-average remaining lease term		3.86	years		4.65	years
Operating lease weighted-average discount rate		1.86	%		1.67	%

Schedule of lease costs for financing and operating leases

The table below presents certain information related to the lease costs for financing and operating leases, which are recorded in occupancy and depreciation in the accompanying consolidated statements of income (loss) at the dates indicated (in thousands):


	Year ended		Year ended		Year ended
Lease Costs	March 31, 2026		March 31, 2025		March 31, 2024
Finance lease amortization of ROU asset	$	77	$	77	$	76
Finance lease interest on lease liability		148		153		158
Operating lease costs		1,156		1,133		1,133
Variable lease costs		—		105		209
Total lease cost ⁽¹⁾	$	1,381	$	1,468	$	1,576

⁽¹⁾Income related to sub-lease activity is not significant and not presented herein.

Schedule of maturities of operating lease liabilities

The following table reconciles the undiscounted cash flows for the periods presented related to the Company’s lease liabilities as of March 31, 2026 (in thousands):


Fiscal Year Ending March 31:		Operating			Finance
		Leases			Lease
2027		$	1,219		$	230
2028			1,002			232
2029			787			232
2030			796			232
2031			272			232
Thereafter			—			2,016
Total minimum lease payments			4,076			3,174
Less: amount of lease payments representing interest			(256)			(1,154)
Lease liabilities		$	3,820		$	2,020

Schedule of maturities of finance lease liabilities

The following table reconciles the undiscounted cash flows for the periods presented related to the Company’s lease liabilities as of March 31, 2026 (in thousands):


Fiscal Year Ending March 31:		Operating			Finance
		Leases			Lease
2027		$	1,219		$	230
2028			1,002			232
2029			787			232
2030			796			232
2031			272			232
Thereafter			—			2,016
Total minimum lease payments			4,076			3,174
Less: amount of lease payments representing interest			(256)			(1,154)
Lease liabilities		$	3,820		$	2,020