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Income Taxes (Tables)

12 Months Ended

Mar. 31, 2016

Income Tax Disclosure [Abstract]

Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]

The components of income tax expense for the years ended March 31 are as follow:

$ in thousands		2016				2015
Income tax expense (benefit):
Current - Federal		$	4			$	—
Current - State		124				166
Total income tax expense (benefit)		$	128			$	166

Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]

The following is a reconciliation of the expected Federal income tax rate to the consolidated effective tax rate for the years ended March 31:

	2016							2015 Restated (1)
$ in thousands	Amount				Percent			Amount				Percent
Statutory Federal income tax expense (benefit)	$	(14	)		34.0	%		$	(36	)		34.0	%
State and local income tax, net of Federal tax benefit	19				(44.6	)		(49		)		46.2
General business credit	(32		)		76.7			(32		)		30.2
Difference in rates	(23		)		54.2			(1,568		)		1,479.2
Valuation Allowance	330				(782.9	)		1,832				(1,728.3	)
Other	(152		)		360.1			19				(17.9	)
Total income tax expense	$	128			(302.5	)%		$	166			(156.6	)%

Deferred Tax Assets and Liabilities [Table Text Block]

Tax effects of existing temporary differences that give rise to significant portions of deferred tax assets and deferred tax liabilities are included in other assets at March 31 as follows:

$ in thousands	2016				2015 Restated (1)
Deferred Tax Assets:
Allowance for loan losses	$	2,230			$	1,682
Nonaccrual loan interest	67				68
Purchase accounting adjustment	3				23
Net operating loss carryforward	17,400				17,742
New markets tax credit	2,207				2,207
Depreciation	1,863				977
Market value adjustment on HFS loans	13				464
Unrealized loss on available-for-sale securities	139				448
Other	415				946
Total Deferred Tax Assets	24,337				24,557
Deferred Tax Liabilities:
Income from affiliate	—				671
Other	593				162
Total Deferred Tax Liabilities	593				833
Deferred Tax Assets, net	23,744				23,724
Valuation Allowance	(23,744		)		(23,724		)
Deferred Tax Assets, net of valuation allowance	$	—			$	—

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- Definition

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=65882285&loc=d3e32639-109319

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- Definition

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=65882285&loc=d3e32537-109319

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- Definition

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=65882285&loc=d3e32687-109319

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