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Consolidated Statements Of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2023
Mar. 31, 2023
Assets    
Cash and due from banks $ 7,190 $ 7,915
Interest-bearing deposits in other banks 4,501 8,648
Total cash and cash equivalents 11,691 16,563
Investment securities - available for sale 57,316 57,842
Investment securities - held to maturity 327 422
Loans - net of allowance of $5,867 and $5,412, respectively 370,205 348,337
Accrued interest receivable 2,135 1,727
Federal Home Loan Bank (FHLB) stock - at cost 584 563
Premises and equipment - net 4,260 4,104
Deferred income taxes 3,269 3,292
Mortgage servicing rights 424 434
Other assets 4,097 4,508
Total assets 454,308 437,792
Liabilities:    
Noninterest bearing deposits 82,376 73,248
Interest bearing deposits 285,068 317,704
Total deposits 367,444 390,952
Pension liability 2,193 2,310
Advances from borrowers for taxes and insurance 1,483 1,719
Accrued interest payable 1,541 668
Accounts payable, accrued expenses and other liabilities 3,853 3,477
Total liabilities 376,514 399,126
Stockholders' equity:    
Common Stock ($0.01 par value, 10,000,000 shares authorized, 4,130,815 shares issued and outstanding) 41  
Additional paid-in capital 39,317  
Retained earnings 46,227 43,773
Unallocated common shares held by Employee Stock Ownership Plan (ESOP) (3,173)  
Accumulated other comprehensive loss (4,618) (5,107)
Total stockholders' equity 77,794 38,666
Total liabilities and stockholders' equity $ 454,308 $ 437,792