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Condensed Financial Information of Parent Company Only Disclosure: Condensed Balance Sheet (Tables)
12 Months Ended
Mar. 31, 2014
Tables/Schedules  
Condensed Balance Sheet

 

BALANCE SHEETS

 

 

 

 

 

March 31, 2014 AND 2013

 

 

 

 

 

(In thousands)

 

2014

 

 

2013

ASSETS

 

 

 

 

 

Cash and cash equivalents (including interest earning accounts of

    $1,056 and $952)

$

1,106

 

$

1,020

Investment in the Bank

 

120,897

 

 

102,280

Other assets

 

2,350

 

 

1,117

TOTAL ASSETS

$

124,353

 

$

104,417

LIABILITIES AND SHAREHOLDERS’ EQUITY

 

 

 

 

 

Accrued expenses and other liabilities

$

3,694

 

$

3,294

Borrowings

 

22,681

 

 

22,681

Shareholders' equity

 

97,978

 

 

78,442

TOTAL LIABILITIES AND SHAREHOLDERS’ EQUITY

$

124,353

 

$

104,417