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INVESTMENT SECURITIES (Tables)
12 Months Ended
Mar. 31, 2017
Investments, Debt and Equity Securities [Abstract]  
Schedule of amortized cost and approximate fair value of investment securities
   
Amortized
Cost
   
Gross
Unrealized Gains
   
Gross
Unrealized Losses
   
Estimated Fair
Value
 
March 31, 2017
                       
Available for sale:
                       
Municipal securities
 
$
2,936
   
$
-
   
$
(117
)
 
$
2,819
 
Agency securities
   
16,993
     
18
     
(203
)
   
16,808
 
Real estate mortgage investment conduits (1)
   
43,510
     
49
     
(399
)
   
43,160
 
Mortgage-backed securities (1)
   
97,742
     
111
     
(1,242
)
   
96,611
 
Other mortgage-backed securities (2)
   
41,649
     
15
     
(848
)
   
40,816
 
Total available for sale
 
$
202,830
   
$
193
   
$
(2,809
)
 
$
200,214
 
                                 
Held to maturity:
                               
Mortgage-backed securities (3)
 
$
64
   
$
2
   
$
-
   
$
66
 
                                 
March 31, 2016
                               
Available for sale:
                               
Trust preferred
 
$
1,919
   
$
-
   
$
(111
)
 
$
1,808
 
Agency securities
   
19,520
     
63
     
(14
)
   
19,569
 
Real estate mortgage investment conduits (1)
   
43,293
     
632
     
(1
)
   
43,924
 
Mortgage-backed securities (1)
   
75,404
     
980
     
(31
)
   
76,353
 
Other mortgage-backed securities (2)
   
8,875
     
185
     
(24
)
   
9,036
 
Total available for sale
 
$
149,011
   
$
1,860
   
$
(181
)
 
$
150,690
 
                                 
Held to maturity:
                               
Mortgage-backed securities (3)
 
$
75
   
$
1
   
$
-
   
$
76
 
   
(1) Comprised of FHLMC, Federal National Mortgage Association ("FNMA") and Ginnie Mae ("GNMA") issued securities.
 
 
(2) Comprised of U.S. Small Business Administration ("SBA") issued securities and commercial real estate ("CRE") secured securities issued by FNMA.
 
 
(3) Comprised of FHLMC and FNMA issued securities.
 
Investments Classified by Contractual Maturity Date
   
Available for Sale
   
Held to Maturity
 
   
Amortized
Cost
   
Estimated
Fair Value
   
Amortized
Cost
   
Estimated
Fair Value
 
Due after one year through five years
 
$
16,487
   
$
16,455
   
$
-
   
$
-
 
Due after five years through ten years
   
35,852
     
35,350
     
58
     
59
 
Due after ten years
   
150,491
     
148,409
     
6
     
7
 
Total
 
$
202,830
   
$
200,214
   
$
64
   
$
66
 
Schedule of temporarily impaired securities, fair value and unrealized losses
 
 
Less than 12 months
 
12 months or longer
 
Total
 
   
Estimated
Fair Value
   
Unrealized
Losses
   
Estimated
Fair Value
   
Unrealized
Losses
   
Estimated
Fair Value
   
Unrealized
Losses
 
March 31, 2017
                                   
                                     
Available for sale:
                                   
Municipal securities
 
$
2,819
   
$
(117
)
 
$
-
   
$
-
   
$
2,819
   
$
(117
)
Agency securities
   
15,785
     
(203
)
   
-
     
-
     
15,785
     
(203
)
Real estate mortgage investment conduits (1)
   
32,221
     
(399
)
   
-
     
-
     
32,221
     
(399
)
Mortgage-backed securities (2)
   
74,388
     
(1,232
)
   
602
     
(10
)
   
74,990
     
(1,242
)
Other mortgage-backed securities (3)
   
36,754
     
(803
)
   
2,840
     
(45
)
   
39,594
     
(848
)
Total available for sale
 
$
161,967
   
$
(2,754
)
 
$
3,442
   
$
(55
)
 
$
165,409
   
$
(2,809
)
                                                 
(1) Comprised of FHLMC and FNMA issued securities.
 
(2) Comprised of FHLMC, FNMA and GNMA issued securities.
 
(3) Comprised of SBA issued and CRE secured securities issued by FNMA.
 
 
             
 
Less than 12 months
 
12 months or longer
 
Total
 
   
Estimated
Fair Value
   
Unrealized
Losses
   
Estimated
Fair Value
   
Unrealized
Losses
   
Estimated
Fair Value
   
Unrealized
Losses
 
March 31, 2016
                                               
                                                 
Available for sale:
                                               
Trust preferred
 
$
-
   
$
-
   
$
1,808
   
$
(111
)
 
$
1,808
   
$
(111
)
Agency securities
   
5,508
     
(6
)
   
4,991
     
(8
)
   
10,499
     
(14
)
Real estate mortgage investment conduits (1)
   
1,636
     
(1
)
   
-
     
-
     
1,636
     
(1
)
Mortgage-backed securities (2)
   
831
     
(10
)
   
3,051
     
(21
)
   
3,882
     
(31
)
Other mortgage-backed securities (3)
   
1,891
     
(6
)
   
1,229
     
(18
)
   
3,120
     
(24
)
Total available for sale
 
$
9,866
   
$
(23
)
 
$
11,079
   
$
(158
)
 
$
20,945
   
$
(181
)
                                                 
(1) Comprised of FHLMC issued securities.
 
(2) Comprised of FHLMC and FNMA issued securities.
 
(3) Comprised of SBA issued securities.