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Investment Securities (Tables) | 3 Months Ended
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Jun. 30, 2012
INVESTMENT SECURITIES [Abstract] |
Fair Value, Measurement Inputs, Disclosure [Table Text Block] | The following table sets forth the amortized cost and estimated fair value of securities available-for-sale and held-to-maturity at March 31, 2012:
$ in thousands |  | Amortized |  | Gross Unrealized |  | Estimated
|  | Cost |  | Gains |  | Losses |  | Fair-Value
Available-for-Sale: |  |  |  |  |  |  |  |
Mortgage-backed securities: |  |  |  |  |  |  |  |
Government National Mortgage Association |  | $ | 31,100 |  |  | $ | 269 |  |  | $ | (23 | ) |  | $ | 31,346 |
Federal Home Loan Mortgage Corporation |  | 7,468 |  |  | 8 |  |  | (1 | ) |  | 7,475 |
Federal National Mortgage Association |  | 7,214 |  |  | 50 |  |  | (1 | ) |  | 7,263 |
Other |  | — |  |  | — |  |  | — |  |  | — |
Total mortgage-backed securities |  | 45,782 |  |  | 327 |  |  | (25 | ) |  | 46,084 |
U.S. Government Agency Securities |  | 23,176 |  |  | 91 |  |  | (63 | ) |  | 23,204 |
U.S. Government Securities |  | 3,356 |  |  | 6 |  |  | (1 | ) |  | 3,361 |
Corporate Bonds |  | 1,890 |  |  | 58 |  |  | — |  |  | 1,948 |
Other |  | 10,536 |  |  | — |  |  | (27 | ) |  | 10,509 |
Total available-for-sale |  | 84,740 |  |  | 482 |  |  | (116 | ) |  | 85,106 |
Held-to-Maturity: |  |  |  |  |  |  |  |
Mortgage-backed securities: |  |  |  |  |  |  |  |
Government National Mortgage Association |  | 6,659 |  |  | 473 |  |  | — |  |  | 7,132 |
Federal Home Loan Mortgage Corporation |  | 2,794 |  |  | 134 |  |  | — |  |  | 2,928 |
Federal National Mortgage Association |  | 1,628 |  |  | 86 |  |  | — |  |  | 1,714 |
Total held-to-maturity mortgage-backed securities |  | 11,081 |  |  | 693 |  |  | — |  |  | 11,774 |
Total securities |  | $ | 95,821 |  |  | $ | 1,175 |  |  | $ | (116 | ) |  | $ | 96,880 |
The following table sets forth the amortized cost and estimated fair value of securities available-for-sale and held-to-maturity at June 30, 2012 :
$ in thousands |  | Amortized |  | Gross Unrealized |  |
|  | Cost |  | Gains |  | Losses |  | Fair-Value
Available-for-Sale: |  |  |  |  |  |  |  |
Mortgage-backed securities: |  |  |  |  |  |  |  |
Government National Mortgage Association |  | $ | 27,138 |  |  | $ | 148 |  |  | $ | (207 | ) |  | $ | 27,079 |
Federal Home Loan Mortgage Corporation |  | 8,180 |  |  | 44 |  |  | (34 | ) |  | 8,190 |
Federal National Mortgage Association |  | 6,694 |  |  | 148 |  |  | — |  |  | 6,842 |
Small Business Association |  | 2,027 |  |  | 12 |  |  | — |  |  | 2,039 |
Other |  | 51 |  |  | — |  |  | — |  |  | 51 |
Total mortgage-backed securities |  | 44,090 |  |  | 352 |  |  | (241 | ) |  | 44,201 |
U.S. Government Agency Securities |  | 30,976 |  |  | 64 |  |  | (40 | ) |  | 31,000 |
U.S. Government Securities |  | 3,104 |  |  | 5 |  |  | (1 | ) |  | 3,108 |
Corporates Bonds |  | 1,897 |  |  | 43 |  |  | — |  |  | 1,940 |
Others |  | 10,485 |  |  | 99 |  |  | — |  |  | 10,584 |
Total available-for-sale |  | 90,552 |  |  | 563 |  |  | (282 | ) |  | 90,833 |
Held-to-Maturity: |  |  |  |  |  |  |  |
Mortgage-backed securities: |  |  |  |  |  |  |  |
Government National Mortgage Association |  | 6,202 |  |  | 476 |  |  | — |  |  | 6,678 |
Federal Home Loan Mortgage Corporation |  | 2,637 |  |  | 128 |  |  | — |  |  | 2,765 |
Federal National Mortgage Association |  | 1,562 |  |  | 86 |  |  | — |  |  | 1,648 |
Total held-to-maturity mortgage-backed securities |  | 10,401 |  |  | 690 |  |  | — |  |  | 11,091 |
Total securities |  | $ | 100,953 |  |  | $ | 1,253 |  |  | $ | (282 | ) |  | $ | 101,924 |
Schedule of Unrealized Loss on Investments [Table Text Block] | The following table sets forth the unrealized losses and fair value of securities at March 31, 2012 for less than 12 months and 12 months or longer:
$ in thousands |  | Less than 12 months |  | 12 months or longer |  | Total
|  | Unrealized Losses |  | Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses |  | Fair Value
Available-for-Sale: |  |  |  |  |  |  |  |  |  |  |  |
Mortgage-backed securities |  | $ | (25 | ) |  | $ | 13,699 |  |  | $ | — |  |  | $ | — |  |  | $ | (25 | ) |  | $ | 13,699 |
Agencies |  | (63 | ) |  | 9,917 |  |  | — |  |  | — |  |  | (63 | ) |  | 9,917 |
Treasuries |  | (1 | ) |  | 1,555 |  |  | — |  |  | — |  |  | (1 | ) |  | 1,555 |
Others |  | (27 | ) |  | 9,973 |  |  | — |  |  | — |  |  | (27 | ) |  | 9,973 |
Total available-for-sale securities |  | (116 | ) |  | 35,144 |  |  | — |  |  | — |  |  | (116 | ) |  | 35,144 |
The following table sets forth the unrealized losses and fair value of securities at June 30, 2012 for less than 12 months and 12 months or longer:
$ in thousands |  | Less than 12 months |  | 12 months or longer |  | Total
|  | Unrealized Losses |  | Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses |  | Fair Value
Available-for-Sale: |  |  |  |  |  |  |  |  |  |  |  |
Mortgage-backed securities |  | $ | (241 | ) |  | $ | 25,419 |  |  | $ | — |  |  | $ | — |  |  | $ | (241 | ) |  | $ | 25,419 |
Agencies |  | (40 | ) |  | 16,954 |  |  | — |  |  | — |  |  | (40 | ) |  | 16,954 |
Treasuries |  | (1 | ) |  | 1,554 |  |  | — |  |  | — |  |  | (1 | ) |  | 1,554 |
Total available-for-sale securities |  | (282 | ) |  | 43,927 |  |  | — |  |  | — |  |  | (282 | ) |  | 43,927 |
Investments Classified by Contractual Maturity Date [Table Text Block] | INVESTMENT SECURITIES The Bank utilizes mortgage-backed and other investment securities in its asset/liability management strategy. In making investment decisions, the Bank considers, among other things, its yield and interest rate objectives, its interest rate and credit risk position and its liquidity and cash flow. Generally, the investment policy of the Bank is to invest funds among categories of investments and maturities based upon the Bank’s asset/liability management policies, investment quality, loan and deposit volume and collateral requirements, liquidity needs and performance objectives. ASC subtopic 320-942 requires that securities be classified into three categories: trading, held-to-maturity, and available-for-sale. At June 30, 2012, the Bank had no securities classified as trading. At June 30, 2012, 90.8 million, or 89.7% of the Bank’s mortgage-backed and other investment securities, were classified as available-for-sale. The remaining 10.4 million or 10.3% were classified as held-to-maturity. The following table sets forth the amortized cost and estimated fair value of securities available-for-sale and held-to-maturity at June 30, 2012 :
$ in thousands |  | Amortized |  | Gross Unrealized |  |
|  | Cost |  | Gains |  | Losses |  | Fair-Value
Available-for-Sale: |  |  |  |  |  |  |  |
Mortgage-backed securities: |  |  |  |  |  |  |  |
Government National Mortgage Association |  | $ | 27,138 |  |  | $ | 148 |  |  | $ | (207 | ) |  | $ | 27,079 |
Federal Home Loan Mortgage Corporation |  | 8,180 |  |  | 44 |  |  | (34 | ) |  | 8,190 |
Federal National Mortgage Association |  | 6,694 |  |  | 148 |  |  | — |  |  | 6,842 |
Small Business Association |  | 2,027 |  |  | 12 |  |  | — |  |  | 2,039 |
Other |  | 51 |  |  | — |  |  | — |  |  | 51 |
Total mortgage-backed securities |  | 44,090 |  |  | 352 |  |  | (241 | ) |  | 44,201 |
U.S. Government Agency Securities |  | 30,976 |  |  | 64 |  |  | (40 | ) |  | 31,000 |
U.S. Government Securities |  | 3,104 |  |  | 5 |  |  | (1 | ) |  | 3,108 |
Corporates Bonds |  | 1,897 |  |  | 43 |  |  | — |  |  | 1,940 |
Others |  | 10,485 |  |  | 99 |  |  | — |  |  | 10,584 |
Total available-for-sale |  | 90,552 |  |  | 563 |  |  | (282 | ) |  | 90,833 |
Held-to-Maturity: |  |  |  |  |  |  |  |
Mortgage-backed securities: |  |  |  |  |  |  |  |
Government National Mortgage Association |  | 6,202 |  |  | 476 |  |  | — |  |  | 6,678 |
Federal Home Loan Mortgage Corporation |  | 2,637 |  |  | 128 |  |  | — |  |  | 2,765 |
Federal National Mortgage Association |  | 1,562 |  |  | 86 |  |  | — |  |  | 1,648 |
Total held-to-maturity mortgage-backed securities |  | 10,401 |  |  | 690 |  |  | — |  |  | 11,091 |
Total securities |  | $ | 100,953 |  |  | $ | 1,253 |  |  | $ | (282 | ) |  | $ | 101,924 |
The following table sets forth the amortized cost and estimated fair value of securities available-for-sale and held-to-maturity at March 31, 2012:
$ in thousands |  | Amortized |  | Gross Unrealized |  | Estimated
|  | Cost |  | Gains |  | Losses |  | Fair-Value
Available-for-Sale: |  |  |  |  |  |  |  |
Mortgage-backed securities: |  |  |  |  |  |  |  |
Government National Mortgage Association |  | $ | 31,100 |  |  | $ | 269 |  |  | $ | (23 | ) |  | $ | 31,346 |
Federal Home Loan Mortgage Corporation |  | 7,468 |  |  | 8 |  |  | (1 | ) |  | 7,475 |
Federal National Mortgage Association |  | 7,214 |  |  | 50 |  |  | (1 | ) |  | 7,263 |
Other |  | — |  |  | — |  |  | — |  |  | — |
Total mortgage-backed securities |  | 45,782 |  |  | 327 |  |  | (25 | ) |  | 46,084 |
U.S. Government Agency Securities |  | 23,176 |  |  | 91 |  |  | (63 | ) |  | 23,204 |
U.S. Government Securities |  | 3,356 |  |  | 6 |  |  | (1 | ) |  | 3,361 |
Corporate Bonds |  | 1,890 |  |  | 58 |  |  | — |  |  | 1,948 |
Other |  | 10,536 |  |  | — |  |  | (27 | ) |  | 10,509 |
Total available-for-sale |  | 84,740 |  |  | 482 |  |  | (116 | ) |  | 85,106 |
Held-to-Maturity: |  |  |  |  |  |  |  |
Mortgage-backed securities: |  |  |  |  |  |  |  |
Government National Mortgage Association |  | 6,659 |  |  | 473 |  |  | — |  |  | 7,132 |
Federal Home Loan Mortgage Corporation |  | 2,794 |  |  | 134 |  |  | — |  |  | 2,928 |
Federal National Mortgage Association |  | 1,628 |  |  | 86 |  |  | — |  |  | 1,714 |
Total held-to-maturity mortgage-backed securities |  | 11,081 |  |  | 693 |  |  | — |  |  | 11,774 |
Total securities |  | $ | 95,821 |  |  | $ | 1,175 |  |  | $ | (116 | ) |  | $ | 96,880 |
The following table sets forth the unrealized losses and fair value of securities at June 30, 2012 for less than 12 months and 12 months or longer:
$ in thousands |  | Less than 12 months |  | 12 months or longer |  | Total
|  | Unrealized Losses |  | Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses |  | Fair Value
Available-for-Sale: |  |  |  |  |  |  |  |  |  |  |  |
Mortgage-backed securities |  | $ | (241 | ) |  | $ | 25,419 |  |  | $ | — |  |  | $ | — |  |  | $ | (241 | ) |  | $ | 25,419 |
Agencies |  | (40 | ) |  | 16,954 |  |  | — |  |  | — |  |  | (40 | ) |  | 16,954 |
Treasuries |  | (1 | ) |  | 1,554 |  |  | — |  |  | — |  |  | (1 | ) |  | 1,554 |
Total available-for-sale securities |  | (282 | ) |  | 43,927 |  |  | — |  |  | — |  |  | (282 | ) |  | 43,927 |
The following table sets forth the unrealized losses and fair value of securities at March 31, 2012 for less than 12 months and 12 months or longer:
$ in thousands |  | Less than 12 months |  | 12 months or longer |  | Total
|  | Unrealized Losses |  | Fair Value |  | Unrealized Losses |  | Fair Value |  | Unrealized Losses |  | Fair Value
Available-for-Sale: |  |  |  |  |  |  |  |  |  |  |  |
Mortgage-backed securities |  | $ | (25 | ) |  | $ | 13,699 |  |  | $ | — |  |  | $ | — |  |  | $ | (25 | ) |  | $ | 13,699 |
Agencies |  | (63 | ) |  | 9,917 |  |  | — |  |  | — |  |  | (63 | ) |  | 9,917 |
Treasuries |  | (1 | ) |  | 1,555 |  |  | — |  |  | — |  |  | (1 | ) |  | 1,555 |
Others |  | (27 | ) |  | 9,973 |  |  | — |  |  | — |  |  | (27 | ) |  | 9,973 |
Total available-for-sale securities |  | (116 | ) |  | 35,144 |  |  | — |  |  | — |  |  | (116 | ) |  | 35,144 |
A total of 17 securities had an unrealized loss at June 30, 2012 compared to 14 at March 31, 2012, based on estimated fair value. The majority of the securities in an unrealized loss position were mortgage-backed securities, U.S. Government Agency securities and U.S. Treasury securities, representing 57.9%, 38.6% and 3.5% of total securities that had an unrealized loss at June 30, 2012. The cause of the temporary impairment is directly related to changes in interest rates. In general, as interest rates decline, the fair value of securities will rise, and conversely as interest rates rise, the fair value of securities will decline. Management considers fluctuations in fair value as a result of interest rate changes to be temporary, which is consistent with the Bank's experience. The impairments are deemed temporary based on the direct relationship of the rise in fair value to movements in interest rates, the life of the investments and their high credit quality. Unrealized losses identified as other than temporary are recognized in earnings when there are losses on a debt security which management does not intend to sell, and for which it is more-likely-than-not that the entity will not be required to sell the security prior to the recovery of the non-credit impairment. In those situations, the portion of the total impairment that is attributable to the credit loss would be recognized in earnings, and the remaining difference between the debt security's amortized cost basis and its fair value would be included in other comprehensive loss. At June 30, 2012 the Bank does not have any other securities that may be classified as having other than temporary impairment in its investment portfolio. The following is a summary of the carrying value (amortized cost) and fair value of securities at June 30, 2012, by remaining period to contractual maturity (ignoring earlier call dates, if any). Actual maturities may differ from contractual maturities because certain security issuers have the right to call or prepay their obligations. The table below does not consider the effects of possible prepayments or unscheduled repayments.
$ in thousands | Amortized Cost |  | Fair Value |  | Weighted Average Rate
Available-for-Sale: |  |  |  |  |
Less than one year | $ | 3,104 |  |  | $ | 3,108 |  |  | 0.39 | %
One through five years | 14,891 |  |  | 15,002 |  |  | 1.37 | %
Five through ten years | 14,896 |  |  | 14,983 |  |  | 1.50 | %
After ten years | 57,661 |  |  | 57,740 |  |  | 1.54 | %
Total | 90,552 |  |  | 90,833 |  |  | 1.46 | %
Held-to-maturity: |  |  |  |  |
Five through ten years | 217 |  |  | 227 |  |  | 4.02 | %
After ten years | 10,184 |  |  | 10,864 |  |  | 4.09 | %
Total | $ | 10,401 |  |  | $ | 11,091 |  |  | 4.09 | %

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- Definition Tabular disclosure of the fair value measurement of assets and liabilities which includes [financial] instruments measured at fair value that are classified in stockholders' equity. Such assets and liabilities may be measured on a recurring or nonrecurring basis. The disclosures which may be required or desired include: (1) for assets and liabilities measured on a recurring basis, disclosure may include: (a) the fair value measurements at the reporting date; (b) the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets or liabilities (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3); (c) for fair value measurements using significant unobservable inputs (Level 3), a reconciliation of the beginning and ending balances, separately presenting changes during the period attributable to the following: (i) total gains or losses for the period (realized and unrealized), segregating those gains or losses included in earnings (or changes in net assets), and a description of where those gains or losses included in earnings (or changes in net assets) are reported in the statement of income (or activities); (ii) purchases, sales, issuances, and settlements (net); (iii) transfers in and transfers out of Level 3 (for example, transfers due to changes in the observability of significant inputs); (d) the amount of the total gains or losses for the period in subparagraph (c) (i) above included in earnings (or changes in net assets) that are attributable to the change in unrealized gains or losses relating to those assets and liabilities still held at the reporting date and a description of where those unrealized gains or losses are reported in the statement of income (or activities); (e) the valuation technique(s) used to measure fair value and a discussion of changes in valuation techniques, if any, during the period and (2) for assets and liabilities that are measured at fair value on a nonrecurring basis (for example, impaired assets) disclosure may include, in addition to (a) above: (a) the reasons for the fair value measurements recorded; (b) the same as (b) above; (c) for fair value measurements using significant unobservable inputs (Level 3), a description of the inputs and the information used to develop the inputs; and (d) the valuation technique(s) used to measure fair value and a discussion of changes, if any, in the valuation technique(s) used to measure similar assets and/or liabilities in prior periods. Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19279-110258 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 157 -Paragraph 32 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 157 -Paragraph 33 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 107 -Paragraph 10 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19296-110258 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6925170&loc=d3e19207-110258 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 157 -Paragraph 6 -Footnote 4 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. 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- Definition Tabular disclosure of maturities of an entity's investments as well as any other information pertinent to the investments. + References No definition available. + Details
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- Definition For all investments in an unrealized loss position, including those for which other-than-temporary impairments have not been recognized in earnings (including investments for which a portion of an other-than-temporary impairment has been recognized in other comprehensive income), a tabular disclosure of the aggregate related fair value of investments with unrealized losses and the aggregate amount of unrealized losses (that is, the amount by which amortized cost basis exceeds fair value). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Topic 320 -SubTopic 10 -Publisher FASB -Number -Article -Subparagraph -Name Accounting Standards Codification -Paragraph 6 -Section 50 -URI http://asc.fasb.org/extlink&oid=6872113&loc=d3e27290-111563 + Details
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