Quarterly Results of Operations (Unaudited)

12 Months Ended

Mar. 31, 2021

Quarterly Financial Data [Abstract]

Quarterly Results of Operations (Unaudited)

16. Quarterly Results of Operations (Unaudited)

	Fiscal Year ended March 31, 2021 (In thousands, except earnings per share amounts)
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Total revenue	$	14,151	$	14,109	$	14,474	$	13,286
Interest expense		1,649		1,569		1,442		1,320
Provision for credit losses		3,300		3,050		650		250
Non-interest expense		7,343		8,131		7,407		8,963
Operating income before income taxes		1,859		1,359		4,975		2,753
Income tax expense		429		92		1,190		884
Net income	$	1,430	$	1,267	$	3,785	$	1,869
Earnings per share:
Basic	$	0.18	$	0.16	$	0.49	$	0.24
Diluted	$	0.18	$	0.16	$	0.49	$	0.24

	Fiscal Year ended March 31, 2020 (In thousands, except earnings per share amounts)
	First Quarter		Second Quarter		Third Quarter		Fourth Quarter
Total revenue	$	16,641	$	15,585	$	14,973	$	14,896
Interest expense		2,488		2,298		1,886		1,843
Provision for credit losses		4,385		4,000		4,597		3,919
Non-interest expense		8,971		8,927		7,950		8,584
Operating income before income taxes		797		360		540		550
Income tax expense (benefit)		206		92		229		(1,746	)
Net income	$	591	$	268	$	311	$	2,296
Earnings per share:
Basic	$	0.07	$	0.03	$	0.04	$	0.31
Diluted	$	0.07	$	0.03	$	0.04	$	0.31