v3.26.1
Consolidated Statements of Income - USD ($)
$ in Thousands
 12 Months Ended
Mar. 31, 2026
Mar. 31, 2025
Interest and dividend income    
Loans-including fees $ 25,097 $ 22,246
Investment securities 2,280 2,144
FHLB stock 28 31
Federal funds sold 260 282
Total interest and dividend income 27,665 24,703
Interest expense:    
Deposits 8,932 8,115
Borrowings and federal funds purchased 59 99
Total interest expense 8,991 8,214
Net interest income before provision for credit losses 18,674 16,489
Provision for credit losses 306 200
Net interest income after provision for credit losses 18,368 16,289
Non-interest income:    
Servicing fees on loans 126 132
Service charges on deposit accounts 766 912
Interchange income 1,268 1,271
Gain on sale of loans, net 371 215
Gain from real estate owned and other repossessed assets, net 1 2
Other 135 78
Total non-interest income 2,667 2,610
Non-interest expense:    
Salaries and employee benefits 8,763 7,889
Occupancy and equipment 1,494 1,054
Data processing 1,945 1,986
Federal deposit insurance premiums 207 192
Debit card processing 268 261
Advertising 401 387
Other general and administrative expenses 2,966 2,607
Total non-interest expense 16,044 14,376
Income before income tax expense 4,991 4,523
Income tax expense 991 869
Net income $ 4,000 $ 3,654
Earnings per share - basic $ 1.06 $ 0.96
Earnings per share - diluted $ 1.05 $ 0.96
Weighted average shares outstanding - basic 3,790,384 3,815,228
Weighted average shares outstanding - diluted 3,810,764 3,816,418