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Restricted Assets
12 Months Ended
Mar. 31, 2015
Notes  
Restricted Assets

2.      RESTRICTED ASSETS

 

Regulations of the Board of Governors of the Federal Reserve System (“Federal Reserve Board”) require that the Bank maintain minimum reserve balances either on hand or on deposit with the Federal Reserve Bank of San Francisco (“FRB”), based on a percentage of deposits. The amounts of such balances as of March 31, 2015 and 2014 were $951,000 and $765,000, respectively, which were in compliance with minimum reserve requirements.