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INVESTMENT SECURITIES (Tables)
12 Months Ended
Mar. 31, 2018
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, 2018
                       
Available for sale:
                       
Municipal securities
 
$
9,041
   
$
-
   
$
(309
)
 
$
8,732
 
Agency securities
   
22,412
     
1
     
(311
)
   
22,102
 
Real estate mortgage investment conduits (1)
   
48,310
     
-
     
(1,355
)
   
46,955
 
Residential mortgage-backed securities (1)
   
91,786
     
3
     
(2,715
)
   
89,074
 
Other mortgage-backed securities (2)
   
47,878
     
1
     
(1,521
)
   
46,358
 
Total available for sale
 
$
219,427
   
$
5
   
$
(6,211
)
 
$
213,221
 
                                 
Held to maturity:
                               
Residential mortgage-backed securities (3)
 
$
42
   
$
1
   
$
-
   
$
43
 
                                 
(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.
 
 
 
   
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
 
Residential 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:
                               
Residential mortgage-backed securities (3)
 
$
64
   
$
2
   
$
-
   
$
66
 
   
(1) Comprised of FHLMC, FNMA and GNMA issued securities.
 
(2) Comprised of SBA issued securities and CRE secured securities issued by FNMA.
 
(3) Comprised of FHLMC and FNMA issued securities.
 
Schedule of contractual maturities of investment securities
   
Available for Sale
   
Held to Maturity
 
   
Amortized
Cost
   
Estimated
Fair Value
   
Amortized
Cost
   
Estimated
Fair Value
 
Due in one year or less
 
$
10,000
   
$
9,964
   
$
-
   
$
-
 
Due after one year through five years
   
8,421
     
8,366
     
6
     
6
 
Due after five years through ten years
   
43,846
     
42,525
     
32
     
32
 
Due after ten years
   
157,160
     
152,366
     
4
     
5
 
Total
 
$
219,427
   
$
213,221
   
$
42
   
$
43
 
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, 2018
                                   
                                     
Available for sale:
                                   
Municipal securities
 
$
6,626
   
$
(236
)
 
$
2,106
   
$
(73
)
 
$
8,732
   
$
(309
)
Agency securities
   
5,301
     
(112
)
   
15,797
     
(199
)
   
21,098
     
(311
)
Real estate mortgage investment conduits (1)
   
31,922
     
(774
)
   
14,983
     
(581
)
   
46,905
     
(1,355
)
Residential mortgage-backed securities (2)
   
50,941
     
(1,192
)
   
37,823
     
(1,523
)
   
88,764
     
(2,715
)
Other mortgage-backed securities (3)
   
16,355
     
(382
)
   
29,351
     
(1,139
)
   
45,706
     
(1,521
)
Total available for sale
 
$
111,145
   
$
(2,696
)
 
$
100,060
   
$
(3,515
)
 
$
211,205
   
$
(6,211
)
                                                 
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
)
Residential 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 and CRE secured securities issued by FNMA.