Condensed Parent only Financial Information (Tables)

12 Months Ended

Mar. 31, 2024

Condensed Parent only Financial Information [Abstract]

Schedule of Condensed Balance Sheets

CENTRAL PLAINS BANCHSARES, INC.

CONDENSED BALANCE SHEETS

	As of March 31, 2024
	(Dollars in thousands)
Assets:
Cash	$	16,348
Investment in subsidiary		58,638
Loan to ESOP		3,047
Receivable from subsidiary		86
Other assets		201
Total assets	$	78,320
Liabilities:
Deferred tax liability		43
Total liabilities		43
Stockholders' equity:
Common Stock		41
Additional paid-in capital		39,318
Retained earnings		47,130
Unallocated common shares held by ESOP		(3,139	)
Accumulated other comprehensive loss, net		(5,073	)
Total stockholders' equity		78,277
Total liabilities and stockholders' equity	$	78,320

Schedule of Condensed Statements of Operations

CENTRAL PLAINS BANCHSARES, INC.

CONDENSED STATEMENTS OF OPERATIONS

	For the Year Ended March 31,
	2024
	(Dollars in thousands)
Income:
Interest income	$	121
Total income		121
Expense:
Non-interest expense	$	207
Total expense		207
Losses before income tax benefit and equity in undistributed earnings of subsidiary	$	(86	)
Income tax benefit		(43	)
Losses before equity in undistributed earnings of subsidiary	$	(43	)
Equity in undistributed earnings of subsidiary		3,802
Net income	$	3,759

Schedule of Condensed Statements of Cash Flows

CENTRAL PLAINS BANCHSARES, INC.

CONDENSED STATEMENTS OF CASH FLOWS

	Year Ended March 31,
	2024
	(Dollars in thousands)
Cash flows from operating activities:
Net income	$	3,759
Adjustments to reconcile net income to net cash provided    by operating activities:
Net change in other assets		(201	)
Net change in receivable from subsidiary		(86	)
Net change in deferred tax liability		43
Equity in undistributed losses (earnings) of subsidiary		(3,802	)
Net cash used in operating activities		(287	)
Cash flows from investing activities:
Principal payments on loan to ESOP		258
Net cash provided by investing activities		258
Cash flows from financing activities:
Net proceeds from the issuance of common shares		39,364
Loan to ESOP		(3,305	)
Proceeds from conversion transferred to subsidiary		(19,682	)
Net cash provided by financing activities		16,377
Net increase in cash and cash equivalents		16,348
Cash and cash equivalents—beginning of period		—
Cash and cash equivalents—end of period	$	16,348