v3.26.3
Consolidated Statements of Operations (Unaudited) - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Sep. 30, 2026
Sep. 30, 2025
Sep. 30, 2026
Sep. 30, 2025
Interest and dividend income        
Loans-including fees $ 6,729 $ 6,188 $ 13,591 $ 12,087
Investment securities 687 576 1,279 1,160
FHLB stock 6 7 13 14
Federal funds sold 231 14 456 105
Total interest and dividend income 7,653 6,785 15,339 13,366
Interest expense:        
Deposits 2,523 2,165 4,978 4,253
Borrowings 0 35 0 37
Total interest expense 2,523 2,200 4,978 4,290
Net interest income before provision for credit losses 5,130 4,585 10,361 9,076
Provision for (reversal of) credit losses (13) 89 38 86
Net interest income after provision for (reversal of) credit losses 5,143 4,496 10,323 8,990
Non-interest income:        
Servicing fees on loans 34 33 59 64
Service charges on deposit accounts 206 197 383 389
Interchange income 335 327 673 655
Gain on sale of loans 65 98 148 175
Gain (loss) from real estate owned and other repossessed assets, net (7) 0 (4) 1
Loss on disposition of investment securities (226) 0 (226) 0
Other non-interest income 18 24 35 49
Total non-interest income 425 679 1,068 1,333
Non-interest expense:        
Salaries and employee benefits 2,247 2,194 4,491 4,297
Occupancy and equipment 390 429 757 747
Data processing 380 514 715 1,014
Federal deposit insurance premiums 59 52 118 103
Debit card processing 78 70 145 134
Advertising 100 102 187 193
Other general and administrative expenses 819 699 1,634 1,491
Total non-interest expense 4,073 4,060 8,047 7,979
Income before income tax expense 1,495 1,115 3,344 2,344
Income tax expense 329 233 686 474
Net income $ 1,166 $ 882 $ 2,658 $ 1,870
Earnings per common share - basic $ 0.31 $ 0.23 $ 0.7 $ 0.49
Earnings per common share - diluted $ 0.3 $ 0.23 $ 0.69 $ 0.49
Weighted average shares outstanding - basic 3,780,314 3,785,223 3,786,341 3,788,896
Weighted average shares outstanding - diluted 3,856,031 3,808,651 3,838,439 3,806,172