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Loan Receivable and Allowance for Loan and Lease Losses (Tables)
 6 Months Ended
Sep. 30, 2012
LOANS RECEIVABLE AND ALLOWANCE FOR LOAN AND LEASE LOSSES [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
The following is a summary of loans receivable, net of allowance for loan losses, and loans held for sale at September 30, 2012 and March 31, 2012.

$ in thousands
 
September 30, 2012
 
March 31, 2012
 
 
Amount
 
Percent
 
Amount
 
Percent
Gross loans receivable:
 
 
 
 
 
 
 
 
One- to four-family
 
$
62,166

 
16.28
%
 
$
66,313

 
15.99
%
Multifamily
 
73,462

 
19.24
%
 
78,859

 
19.01
%
Commercial real estate
 
200,685

 
52.57
%
 
207,505

 
50.02
%
Construction
 
8,296

 
2.17
%
 
16,471

 
3.97
%
Business
 
36,731

 
9.62
%
 
44,424

 
10.71
%
Consumer and other (1)
 
416

 
0.11
%
 
1,258

 
0.30
%
Total loans receivable
 
381,756

 
100.00
%
 
414,830

 
100.00
%
Add:
 
 
 
 
 
 
 
 
Premium on loans
 
146

 
 
 
137

 
 
Less:
 
 
 
 
 
 
 
 
Deferred fees and loan discounts
 
(1,952
)
 
 
 
(2,109
)
 
 
Allowance for loan losses
 
(16,408
)
 
 
 
(19,821
)
 
 
Total loans receivable, net
 
$
363,542

 
 
 
$
393,037

 
 
 
 
 
 
 
 
 
 
 
Loans held-for-sale
 
$
26,830

 
 
 
$
29,626

 
 
Allowance for Credit Losses on Financing Receivables [Table Text Block]
The following is an analysis of the allowance for loan losses based upon the method of evaluating loan impairment as of March 31, 2012.

$ in thousands
 
One-to-four family Residential
 
Multi-Family Mortgage
 
Commercial Real Estate
 
Construction
 
Business
 
Consumer and Other
 
Total
Allowance for Loan Losses Ending Balance: collectively evaluated for impairment
 
$
4,098

 
$
5,348

 
$
6,177

 
$
1,484

 
$
1,685

 
$
80

 
$
18,872

Allowance for Loan Losses Ending Balance: individually evaluated for impairment
 
207

 
61

 
532

 
48

 
101

 
—

 
949

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
The following is an analysis of the loan receivable balances showing the methods of evaluating the loan portfolio for impairment for the fiscal year ended March 31, 2012
Loan Receivables Ending Balance :
 
66,172

 
78,984

 
206,022

 
16,433

 
43,982

 
1,265

 
412,858

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ending Balance: collectively evaluated for impairment
 
63,866

 
77,976

 
185,249

 
10,346

 
38,124

 
1,265

 
376,826

Ending Balance: individually evaluated for impairment
 
2,306

 
1,008

 
20,773

 
6,087

 
5,858

 
—

 
36,032

The following is an analysis of the allowance for loan losses based upon the method of evaluating loan impairment for the six month period ended September 30, 2011.

$ in thousands
 
One-to-four family Residential
 
Multi-Family Mortgage
 
Commercial Real Estate
 
Construction
 
Business
 
Consumer and Other
 
Unallocated
 
Total
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning Balance
 
$
2,923

 
$
6,223

 
$
3,999

 
$
6,944

 
$
2,965

 
$
93

 
$
—

 
$
23,148

Charge-offs:
 
(728
)
 
(4,081
)
 
(3,572
)
 
(5,205
)
 
(398
)
 
—

 
—

 
(13,984
)
Recoveries:
 
—

 
—

 
2

 
1

 
86

 
—

 
—

 
89

Provision for Loan Losses
 
1,111

 
5,244

 
5,435

 
841

 
(726
)
 
30

 
242

 
12,177

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ending Balance
 
$
3,306

 
$
7,386

 
$
5,864

 
$
2,581

 
$
1,927

 
$
123

 
242

 
$
21,429

The following is an analysis of the allowance for loan losses based upon the method of evaluating loan impairment for the six month period ended September 30, 2012.
$ in thousands
 
One-to-four
family
Residential
 
Multi-Family
Mortgage
 
Commercial Real
Estate
 
Construction
 
Business
 
Consumer and
Other
 
Unallocated
 
Total
Allowance for loan losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning Balance
 
$
4,305

 
$
5,409

 
$
6,709

 
$
1,532

 
$
1,786

 
$
80

 
$
—

 
$
19,821

Charge-offs:
 
1,633

 
225

 
1,148

 
—

 
1,198

 
2

 
—

 
4,206

Recoveries:
 
—

 
—

 
—

 
—

 
6

 
3

 
—

 
9

Provision for Loan Losses
 
2,037

 
(2,545
)
 
(513
)
 
(1,226
)
 
3,020

 
(37
)
 
48

 
784

Ending Balance
 
$
4,709

 
$
2,639

 
$
5,048

 
$
306

 
$
3,614

 
$
44

 
$
48

 
$
16,408

Allowance for Loan Losses Ending Balance: collectively evaluated for impairment
 
4,582

 
2,590

 
4,613

 
306

 
1,944

 
44

 
48

 
14,127

Allowance for Loan Losses Ending Balance: individually evaluated for impairment
 
127

 
49

 
435

 
—

 
1,670

 
—

 
—

 
2,281

The following is an analysis of the loan receivable balances showing the methods of evaluating the loan portfolio for impairment for the six months period September 30, 2012.
Loan Receivables Ending Balance:
 
$
61,948

 
$
73,515

 
$
199,641

 
$
8,297

 
$
36,097

 
$
452

 
—

 
$
379,950

Ending Balance: collectively evaluated for impairment
 
59,024

 
72,837

 
187,274

 
4,039

 
30,544

 
452

 
—

 
354,170

Ending Balance: individually evaluated for impairment
 
2,924

 
678

 
12,367

 
4,258

 
5,553

 
—

 
—

 
25,780
Non performing loans [Table Text Block]
The following is a summary of non-performing loans at September 30, 2012, and March 31, 2012.
$ in thousands
September 30, 2012
March 31, 2012
Loans accounted for on a non-accrual basis:
 
 
Gross loans receivable:
 
 
One-to-four family
$
6,094

$
6,988

Multifamily
1,724

2,923

Commercial real estate
14,145

24,467

Construction
4,258

11,325

Business
8,717

8,862

Consumer
15

23

Total non-accrual loans
$
34,953

$
54,588
Schedules of Concentration of Risk, by Risk Factor [Table Text Block]
As of September 30, 2012, and based on the most recent analysis performed in the current quarter, the risk category by class of loans is as follows.
$ in thousands
 
Multi-Family
Mortgage
 
Commercial
Real Estate
 
Construction
 
Business
Credit Risk Profile by Internally Assigned Grade:
 
 
 
 
 
 
 
 
Pass
 
$
67,300

 
$
164,096

 
$
4,039

 
$
21,923

Special Mention
 
2,926

 
5,448

 
—

 
3,249

Substandard
 
3,289

 
30,097

 
4,258

 
10,925

Doubtful
 
—

 
—

 
—

 
—

Loss
 
—

 
—

 
—

 
—

Total
 
$
73,515

 
$
199,641

 
$
8,297

 
$
36,097

$ in thousands
 
One-to-four family
Residential
 
Consumer and
Other
Credit Risk Profile Based on Payment Activity:
 
 
 
 
Performing
 
$
55,854

 
$
437

Non-Performing
 
6,094

 
15

Total
 
$
61,948

 
$
452

As of March 31, 2012, and based on the most recent analysis performed, the risk category by class of loans is as follows.

$ in thousands
Multi-Family Mortgage
 
Commercial Real Estate
 
Construction
 
Business
Credit Risk Profile by Internally Assigned Grade:
 
 
 
 
 
 
Pass
$
74,900

 
$
167,606

 
$
201

 
$
25,963

Special Mention
381

 
1,456

 
6,108

 
4,954

Substandard
3,703

 
36,959

 
10,124

 
12,551

Doubtful
—

 
—

 
—

 
514

Loss
—

 
—

 
—

 
—

Total
$
78,984

 
$
206,021

 
$
16,433

 
$
43,982

 
 
 
 
 
 
 
 
 
 
 
$ in thousands
One-to-four family Residential
 
Consumer and Other
 
 
 
 
Credit Risk Profile Based on Payment Activity:
 
 
 
 
 
 
Performing
$
59,185

 
$
1,242

 
 
 
 
Non-Performing
6,987

 
23

 
 
 
 
Total
$
66,172

 
$
1,265

 
 
 
 
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]
The following table presents an aging analysis of the recorded investment of past due financing receivable as of September 30, 2012.
$ in thousands
 
30-59 Days
Past Due
 
60-89 Days
Past Due
 
Greater Than
90 Days
 
Total Past
Due
 
Impaired(1)
 
TDR (2)
 
Current
 
Total Financing
Receivables
One-to-four family residential
 
$
—

 
$
589

 
$
3,170

 
$
3,759

 
$
—

 
$
2,924

 
$
55,265

 
$
61,948

Multi-family mortgage
 
—

 
162

 
1,046

 
1,208

 
—

 
678

 
71,629

 
73,515

Commercial real estate
 
4,224

 
1,560

 
1,778

 
7,562

 
3,618

 
8,749

 
179,712

 
199,641

Construction
 
—

 
—

 
—

 
—

 
4,258

 
—

 
4,040

 
8,298

Business
 
—

 
420

 
3,450

 
3,870

 
686

 
4,581

 
26,959

 
36,096

Consumer and other
 
18

 
22

 
15

 
55

 
—

 
—

 
397

 
452

Total
 
$
4,242

 
$
2,753

 
$
9,459

 
$
16,454

 
$
8,562

 
$
16,932

 
$
338,002

 
$
379,950

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 


The following table presents an aging analysis of the recorded investment of past due financing receivable as of March 31, 2012. Also included are loans that are 90 days or more past due as to interest and principal and still accruing because they are well-secured and in the process of collection.
$ in thousands
30-59 Days Past Due
 
60-89 Days Past Due
 
Greater Than 90 Days
 
Total Past Due
 
Impaired (1)
 
TDR (2)
 
Current
 
Total Financing Receivables
One-to-four family residential
$
2,381

 
$
—

 
$
4,681

 
$
7,062

 
$
—

 
$
2,306

 
56,804

 
66,172

Multi-family mortgage
3,220

 
427

 
1,915

 
5,562

 
—

 
1,008

 
72,414

 
78,984

Commercial real estate
11,455

 
—

 
9,406

 
20,861

 
2,000

 
13,061

 
170,099

 
206,022

Construction
—

 
—

 
11,086

 
11,086

 
—

 
239

 
5,108

 
16,433

Business
3,937

 
954

 
4,353

 
9,244

 
81

 
4,428

 
30,229

 
43,982

Consumer and other
37

 
1

 
23

 
61

 
—

 
—

 
1,204

 
1,265

Total
$
21,030

 
$
1,382

 
$
31,464

 
$
53,876

 
$
2,081

 
$
21,042

 
$
335,859

 
$
412,858

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Impaired Financing Receivables [Table Text Block]
The following table presents information on impaired loans and non-performing TDR loans ($21.0 million) with the associated allowance amount, if applicable at March 31, 2012

Impaired Loans by Class
As of March 31, 2012
$ in thousands
 
 
Recorded Investment
 
Unpaid Principal Balance
 
Associated Allowance
With no specific allowance recorded:
 
 
 
 
 
 
 
One-to-four family residential
 
 
$
628

 
$
628

 
$
—

Multi-family mortgage
 
 
194

 
194

 
—

Commercial real estate
 
 
6,304

 
6,304

 
—

Construction
 
 
5,406

 
5,670

 
—

Business
 
 
4,983

 
5,417

 
—

Consumer and other
 
 
—

 
—

 
—

Total
 
 
$
17,515

 
$
18,213

 


 
 
 
 
 
 
 
 
With an allowance recorded:
 
 
 
 
 
 
 
One-to-four family residential
 
 
$
1,679

 
$
1,760

 
$
207

Multi-family mortgage
 
 
814

 
879

 
61

Commercial real estate
 
 
14,469

 
15,068

 
532

Construction
 
 
681

 
1,613

 
48

Business
 
 
1,089

 
1,776

 
101

Consumer and other
 
 
—

 
—

 
—

Total
 
 
$
18,732

 
$
21,096

 
$
949

 
 
 
 
 
 
 
 
Total impaired loans by type:
 
 
 
 
 
 
 
One-to-four family residential
 
 
$
2,307

 
$
2,388

 
$
207

Multi-family mortgage
 
 
1,008

 
1,073

 
61

Commercial real estate
 
 
20,773

 
21,372

 
532

Construction
 
 
6,087

 
7,283

 
48

Business
 
 
6,072

 
7,193

 
101

Consumer and other
 
 
—

 
—

 
—

Total
 
 
$
36,247

 
$
39,309

 
$
949

The following table presents information on impaired loans and non-performing TDR loans ($16.9 million) with the associated allowance amount, if applicable at September 30, 2012 and the interest income recognized for the periods ended September 30, 2012 and 2011 .

Impaired Loans by Class
 
 
September 30, 2012
 
September 30, 2011
$ in thousands
 
Recorded
Investment
 
Unpaid
Principal
Balance
 
Associated
Allowance
 
Average Balance
 
Interest income recognized
 
Average Balance
 
Interest income recognized
With no specific allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential
 
$
206

 
$
1,080

 
$
—

 
$
467

 
$
27

 
$
2,173

 
$
36

Multi-family mortgage
 
—

 
—

 
—

 
97

 
5

 
197

 
15

Commercial real estate
 
6,143

 
6,143

 
—

 
6,141

 
151

 
3,958

 
4

Construction
 
4,258

 
4,527

 
—

 
5,293

 
53

 
17,307

 
680

Business
 
936

 
936

 
—

 
2,536

 
41

 
2,435

 
106

Consumer and other
 
—

 
—

 
—

 
—

 


 
—

 
—

Total
 
$
11,543

 
$
12,686

 
$
—

 
$
14,534

 
$
277

 
$
26,070

 
$
841

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
With an allowance recorded:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential
 
$
2,718

 
$
2,800

 
$
127

 
$
2,552

 
$
28

 
$
7,624

 
$
61

Multi-family mortgage
 
678

 
871

 
49

 
742

 
—

 
8,010

 
70

Commercial real estate
 
6,225

 
6,772

 
435

 
8,182

 
115

 
8,622

 
99

Construction
 
—

 
—

 
—

 
—

 
—

 
4,497

 
—

Business
 
4,616

 
4,616

 
1,670

 
3,242

 
199

 
1,607

 
71

Consumer and other
 

 

 

 
—

—

—

 


 
—

Total
 
$
14,237

 
$
15,059

 
$
2,281

 
$
14,718

 
$
342

 
$
30,360

 
$
301

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Total impaired loans by type:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential
 
$
2,924

 
$
3,880

 
$
127

 
$
3,019

 
$
55

 
$
9,797

 
$
97

Multi-family mortgage
 
678

 
871

 
49

 
839

 
5

 
8,207

 
85

Commercial real estate
 
12,368

 
12,915

 
435

 
14,323

 
266

 
12,580

 
103

Construction
 
4,258

 
4,527

 
—

 
5,293

 
53

 
21,804

 
680

Business
 
5,552

 
5,552

 
1,670

 
5,778

 
240

 
4,042

 
177

Consumer and other
 
—

 
—

 
—

 
—

 
—

 
—

 
—

Total
 
$
25,780

 
$
27,745

 
$
2,281

 
$
29,252

 
$
619

 
$
56,430

 
$
1,142
Troubled Debt Restructurings on Financing Receivables [Table Text Block]
The following table presents an analysis of those loan modifications that were classified as non performing TDRs during the three and six month period ended September 30, 2012.

Modifications to loans during the three month period ended
 
Modifications to loans during the six month period ended
September 30, 2012
 
September 30, 2012
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
$ in thousands
Number of loans
 
Pre-modification outstanding recorded investment
 
Recorded investment
 
Pre-Modification rate
 
Post-Modification rate
 
Number of loans
 
Pre- modification outstanding recorded investment
 
Recorded investment
 
Pre-Modification rate
 
Post-Modification rate
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
One-to-four family residential
1

 
$
875

 
$
—

 
8.13
%
 
8.13
%
 
2

 
1,415

 
540

 
6.55
%
 
6.07
%
Commercial real estate
1

 
$
466

 
$
466

 
12.02
%
 
12.02
%
 
1

 
466

 
466

 
12.02
%
 
12.02
%
Business
4

 
$
2,242

 
$
2,242

 
7.44
%
 
7.44
%
 
4

 
2,242

 
2,242

 
7.44
%
 
7.44
%
 
6

 
$
3,583

 
$
2,708

 
 
 
 
 
7

 
4,123

 
3,248