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Income Taxes (Tables)

12 Months Ended

Mar. 31, 2013

Income Tax Disclosure [Abstract]

Schedule of provision for income taxes

		2013				2012				2011
Current:
Federal		$	10,187,010			$	11,799,843			$	10,275,756
State			1,661,860				1,881,400				1,683,652
Total current			11,848,870				13,681,243				11,959,408
Deferred:
Federal			598,674				211,544				(1,237,850	)
State			97,665				33,729				(202,818	)
Total deferred			696,339				245,273				(1,440,668	)
Income tax expense		$	12,545,209			$	13,926,516			$	10,518,740

Schedule of deferred tax assets and liabilities

		2013				2012
Allowance for credit losses not currently deductible for tax purposes		$	7,448,933			$	8,456,988
Share-based compensation			522,573				436,131
Interest rate swaps			193,258				—
Other items			262,197				230,181
Deferred income taxes		$	8,426,961			$	9,123,300

Schedule of provision for income taxes reflects an effective tax rate

		2013				2012				2011
Provision for income taxes at Federal statutory rate		$	11,370,154			$	12,651,896			$	9,550,462
Increase resulting from:
State income taxes, net of Federal benefit			1,143,692				1,244,834				966,543
Other			31,363				29,786				1,735
Income tax expense		$	12,545,209			$	13,926,516			$	10,518,740

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Tabular disclosure of the components of income tax expense attributable to continuing operations for each year presented including, but not limited to: current tax expense (benefit), deferred tax expense (benefit), investment tax credits, government grants, the benefits of operating loss carryforwards, tax expense that results from allocating certain tax benefits either directly to contributed capital or to reduce goodwill or other noncurrent intangible assets of an acquired entity, adjustments of a deferred tax liability or asset for enacted changes in tax laws or rates or a change in the tax status of the entity, and adjustments of the beginning-of-the-year balances of a valuation allowance because of a change in circumstances that causes a change in judgment about the realizability of the related deferred tax asset in future years.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 9

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32639-109319

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Tabular disclosure of the components of net deferred tax asset or liability recognized in an entity's statement of financial position, including the following: the total of all deferred tax liabilities, the total of all deferred tax assets, the total valuation allowance recognized for deferred tax assets.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32537-109319

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 740

-SubTopic 10

-Section 50

-Paragraph 12

-URI http://asc.fasb.org/extlink&oid=6907707&loc=d3e32687-109319

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