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Consolidated Statements of Financial Position (USD $)
In Thousands, unless otherwise specified
Mar. 31, 2013
Mar. 31, 2012
Cash and cash equivalents:    
Cash and due from banks $ 98,083 $ 89,872
Money market investments 6,563 1,825
Total cash and cash equivalents 104,646 91,697
Restricted cash 10,666 6,415
Investment securities:    
AFS Fair Value 116,051 85,106
Held-to-maturity Securities 9,043 11,081
Total investments 125,094 96,187
Loans Held-for-sale, Fair Value Disclosure 13,107 29,626
Loans receivable:    
Loans Receivable, Gross, Commercial, Real Estate 334,594 367,611
Commercial business loans 35,281 43,989
Loans and Leases Receivable, Gross, Consumer 247 1,258
Loans, net 370,122 412,858
Loans and Leases Receivable, Allowance (10,989) (19,821)
Total loans receivable, net 359,133 393,037
Premises and equipment, net 8,597 9,573
Federal Home Loan Bank of New York (“FHLB-NY”) stock, at cost 3,503 2,168
Accrued interest receivable 2,247 2,256
Other Assets 11,284 10,271
Total assets 638,277 641,230
Deposits:    
Savings 98,066 101,079
Non-Interest Bearing Checking 58,239 67,202
Deposits, Negotiable Order of Withdrawal (NOW) 25,927 28,325
Money Market 113,259 109,404
Certificates of Deposit 200,225 226,587
Deposits 495,716 532,597
Borrowed Funds 76,403 43,429
Other Liabilities 9,423 8,585
Liabilities 581,542 584,611
Stockholders’ equity:    
Preferred stock, (par value $0.01, per share) 45,118 Series D shares, with a liquidation preference of $1,000, issued and outstanding 45,118 45,118
Common stock (par value $0.01 per share: 10,000,000 shares authorized; 3,697,264 issued; 3,695,320 and 3,695,174 shares outstanding at June 30, 2012 and March 31, 2012, respectively) 61 61
Additional paid-in capital 55,708 54,068
Accumulated Deficit (44,439) (45,091)
Non-controlling interest 141 2,751
Treasury stock, at cost (1,944 at June 2012 and 2,090 shares at March 31, 2012, respectively) (417) (447)
Accumulated other comprehensive income 563 159
Total stockholders’ equity 56,735 56,619
Total liabilities and stockholders’ equity 638,277 641,230
Fair Value, Inputs, Level 2 [Member]
    
Cash and cash equivalents:    
Total cash and cash equivalents 0 0
Restricted cash 10,666 6,415
Investment securities:    
AFS Fair Value 116,000 81,693
Held-to-maturity Securities 9,629 11,774
Loans Held-for-sale, Fair Value Disclosure 13,107 29,626
Loans receivable:    
Total loans receivable, net 0 0
Federal Home Loan Bank of New York (“FHLB-NY”) stock, at cost 3,503 2,168
Accrued interest receivable 2,247 2,256
Deposits:    
Deposits 200,698 219,339
Federal Home Loan Bank Borrowings, Fair Value Disclosure 58,697 26,331
Estimate of Fair Value, Fair Value Disclosure [Member]
    
Cash and cash equivalents:    
Total cash and cash equivalents 104,646 91,697
Restricted cash 10,666 6,415
Investment securities:    
AFS Fair Value 116,051 85,106
Held-to-maturity Securities 9,629 11,774
Loans Held-for-sale, Fair Value Disclosure 13,107 29,626
Loans receivable:    
Total loans receivable, net 366,433 398,258
Federal Home Loan Bank of New York (“FHLB-NY”) stock, at cost 3,503 2,168
Accrued interest receivable 2,247 2,256
Deposits:    
Deposits 488,323 524,535
Federal Home Loan Bank Borrowings, Fair Value Disclosure $ 58,697 $ 26,331