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CONSOLIDATED STATEMENTS OF INCOME - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2016
INTEREST AND DIVIDEND INCOME:      
Interest and fees on loans receivable $ 39,659 $ 31,609 $ 27,795
Interest on investment securities - taxable 4,648 3,550 2,709
Interest on investment securities - nontaxable 95 25  
Other interest and dividends 558 443 444
Total interest and dividend income 44,960 35,627 30,948
INTEREST EXPENSE:      
Interest on deposits 1,208 1,151 1,173
Interest on borrowings 1,141 718 569
Total interest expense 2,349 1,869 1,742
Net interest income 42,611 33,758 29,206
Recapture of loan losses     (1,150)
Net interest income after recapture of loan losses 42,611 33,758 30,356
NON-INTEREST INCOME:      
Fees and service charges 5,779 5,177 4,846
Asset management fees 3,448 2,988 3,212
Net gains on sales of loans held for sale 641 656 525
BOLI 819 760 770
Other, net 317 433 22
Total non-interest income, net 11,004 10,014 9,375
NON-INTEREST EXPENSE:      
Salaries and employee benefits 21,743 19,356 17,694
Occupancy and depreciation 5,454 4,819 4,727
Data processing 2,313 2,111 1,775
Amortization of CDI 232 27 2
Advertising and marketing 747 754 669
FDIC insurance premium 476 356 500
State and local taxes 605 609 510
Telecommunications 417 317 292
Professional fees 1,181 1,628 904
REO 12 54 567
Litigation settlement   500 100
Other 2,438 2,450 2,207
Total non-interest expense 35,618 32,981 29,947
INCOME BEFORE INCOME TAXES 17,997 10,791 9,784
PROVISION FOR INCOME TAXES 7,755 3,387 3,426
NET INCOME $ 10,242 $ 7,404 $ 6,358
Earnings per common share:      
Basic (in dollars per share) $ 0.45 $ 0.33 $ 0.28
Diluted (in dollars per share) $ 0.45 $ 0.33 $ 0.28
Weighted average number of shares outstanding:      
Basic (in shares) 22,531,480 22,478,306 22,450,252
Diluted (in shares) 22,618,330 22,548,340 22,494,151