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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Interest income:        
Loans $ 4,931 $ 5,797 $ 10,117 $ 11,449
Mortgage-backed securities 281 245 511 495
Investment securities 325 156 589 314
Money market investments 380 141 823 252
Total interest income 5,917 6,339 12,040 12,510
Interest expense:        
Deposits 1,402 956 2,750 1,888
Advances and other borrowed money 199 296 476 582
Total interest expense 1,601 1,252 3,226 2,470
Net interest income 4,316 5,087 8,814 10,040
Provision for loan losses 49 4 54 124
Net interest income after provision for loan losses 4,267 5,083 8,760 9,916
Non-interest income:        
Depository fees and charges 854 851 1,687 1,746
Loan fees and service charges 70 144 142 242
Gain (loss) on sale of loans, net (23) 0 (23) 0
Gain on sale of building, net 154 17 308 34
Other 24 127 269 326
Total non-interest income 1,079 1,139 2,383 2,348
Non-interest expense:        
Employee compensation and benefits 3,110 3,072 6,280 6,131
Net occupancy expense 1,354 872 2,286 1,699
Equipment, net 309 191 559 384
Data processing 413 425 837 818
Consulting fees 69 194 109 434
Federal deposit insurance premiums 246 150 496 297
Other 1,796 1,882 3,557 3,676
Total non-interest expense 7,297 6,786 14,124 13,439
Loss before income taxes (1,951) (564) (2,981) (1,175)
Income tax expense 66 30 66 60
Net loss $ (2,017) $ (594) $ (3,047) $ (1,235)
Net loss per common share:        
Loss per Share, Basic (in dollars per share) $ (0.55) $ (0.16) $ (0.82) $ (0.33)
Loss per Share, Diluted (in dollars per share) $ (0.55) $ (0.16) $ (0.82) $ (0.33)