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SHAREHOLDERS' EQUITY AND REGULATORY CAPITAL REQUIREMENTS (Tables)
12 Months Ended
Mar. 31, 2021
Shareholders Equity And Regulatory Capital Requirements [Abstract]  
Schedule of actual and required minimum capital amounts and ratios

The Bank’s actual and required minimum capital amounts and ratios were as follows at the dates indicated (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

"Well Capitalized"

 

 

 

 

 

 

 

 

For Capital

 

Under Prompt 

 

 

 

Actual

    

 Adequacy Purposes

    

Corrective Action    

 

March 31, 2021

 

Amount

 

Ratio

 

Amount

 

Ratio

 

Amount

 

Ratio

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Capital:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(To Risk-Weighted Assets)

 

$

151,555

 

17.35

%    

$

69,879

 

8.0

%    

$

87,349

 

10.0

%

Tier 1 Capital:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(To Risk-Weighted Assets)

 

 

140,529

 

16.09

 

 

52,409

 

6.0

 

 

69,879

 

8.0

 

Common equity tier 1 Capital:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(To Risk-Weighted Assets)

 

 

140,529

 

16.09

 

 

39,307

 

4.5

 

 

56,777

 

6.5

 

Tier 1 Capital (Leverage):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(To Average Tangible Assets)

 

 

140,529

 

9.63

 

 

58,344

 

4.0

 

 

72,930

 

5.0

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

"Well Capitalized"

 

 

 

 

 

 

 

 

For Capital

 

Under Prompt 

 

 

 

Actual

    

 Adequacy Purposes

    

Corrective Action    

 

March 31, 2020

 

Amount

 

Ratio

 

Amount

 

Ratio

 

Amount

 

Ratio

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Total Capital:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(To Risk-Weighted Assets)

 

$

145,949

 

17.01

%    

$

68,630

 

8.0

%    

$

85,787

 

10.0

%

Tier 1 Capital:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(To Risk-Weighted Assets)

 

 

135,196

 

15.76

 

 

51,472

 

6.0

 

 

68,630

 

8.0

 

Common equity tier 1 Capital:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(To Risk-Weighted Assets)

 

 

135,196

 

15.76

 

 

38,604

 

4.5

 

 

55,762

 

6.5

 

Tier 1 Capital (Leverage):

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

(To Average Tangible Assets)

 

 

135,196

 

11.79

 

 

45,851

 

4.0

 

 

57,313

 

5.0