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INVESTMENT SECURITIES (Tables)
12 Months Ended
Mar. 31, 2019
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, 2019
                       
Available for sale:
                       
Municipal securities
 
$
8,885
   
$
30
   
$
(34
)
 
$
8,881
 
Agency securities
   
12,426
     
22
     
(107
)
   
12,341
 
Real estate mortgage investment conduits (1)
   
40,835
     
-
     
(673
)
   
40,162
 
Residential mortgage-backed securities (1)
   
77,402
     
7
     
(1,588
)
   
75,821
 
Other mortgage-backed securities (2)
   
42,133
     
12
     
(1,124
)
   
41,021
 
Total available for sale
 
$
181,681
   
$
71
   
$
(3,526
)
 
$
178,226
 
                                 
Held to maturity:
                               
Residential mortgage-backed securities (3)
 
$
35
   
$
-
   
$
-
   
$
35
 
                                 
(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, 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, 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
 
$
4,961
   
$
4,949
   
$
-
   
$
-
 
Due after one year through five years
   
8,585
     
8,505
     
32
     
32
 
Due after five years through ten years
   
48,050
     
47,373
     
-
     
-
 
Due after ten years
   
120,085
     
117,399
     
3
     
3
 
Total
 
$
181,681
   
$
178,226
   
$
35
   
$
35
 
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, 2019
                                   
                                     
Available for sale:
                                   
Municipal securities
 
$
-
   
$
-
   
$
6,554
   
$
(34
)
 
$
6,554
   
$
(34
)
Agency securities
   
-
     
-
     
6,861
     
(107
)
   
6,861
     
(107
)
Real estate mortgage investment conduits (1)
   
-
     
-
     
40,126
     
(673
)
   
40,126
     
(673
)
Residential mortgage-backed securities (1)
   
-
     
-
     
74,288
     
(1,588
)
   
74,288
     
(1,588
)
Other mortgage-backed securities (2)
   
-
     
-
     
40,409
     
(1,124
)
   
40,409
     
(1,124
)
Total available for sale
 
$
-
   
$
-
   
$
168,238
   
$
(3,526
)
 
$
168,238
   
$
(3,526
)
                                                 
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 (1)
   
50,941
     
(1,192
)
   
37,823
     
(1,523
)
   
88,764
     
(2,715
)
Other mortgage-backed securities (2)
   
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
)
                                                 
(1) Comprised of FHLMC, FNMA and GNMA issued securities.
 
(2) Comprised of SBA and CRE secured securities issued by FNMA.