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Fair Value of Financial Instruments (Tables)
12 Months Ended
Mar. 31, 2016
Fair Value Disclosures [Abstract]  
Fair Value, by Balance Sheet Grouping [Table Text Block]
The carrying amounts and estimated fair values of the Bank's financial instruments and estimation methodologies at March 31 are as follows:
 
 
March 31, 2016
$ in thousands
 
Carrying
Amount
 
Estimated
Fair Value
 
Quoted Prices in Active Markets for Identical Assets (Level 1)
 
Significant Other Observable Inputs (Level 2)
 
Significant Unobservable Inputs (Level 3)
Financial Assets:
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$
63,660

 
$
63,660

 
$
63,660

 
$

 
$

Restricted cash
 
225

 
225

 

 
225

 

Securities available-for-sale
 
56,180

 
56,180

 

 
56,135

 
45

FHLB Stock
 
2,883

 
2,883

 

 
2,883

 

Securities held-to-maturity
 
15,311

 
15,653

 

 
15,653

 

Loans receivable
 
583,787

 
585,650

 

 

 
585,650

Loans held-for-sale
 
2,495

 
2,495

 

 

 
2,495

Accrued interest receivable
 
3,647

 
3,647

 

 
3,647

 

Mortgage servicing rights
 
201

 
201

 

 

 
201

Other assets - Interest-bearing deposits
 
983

 
983

 

 
983

 

Financial Liabilities:
 
 
 
 
 
 
 
 
 
 
Deposits
 
$
606,741

 
$
585,394

 
$
329,398

 
$
255,996

 
$

Advances from FHLB of New York
 
50,000

 
50,141

 

 
50,141

 

Other borrowed money
 
18,403

 
18,734

 

 
18,734

 


 
 
March 31, 2015
$ in thousands
 
Carrying
Amount
 
Estimated
Fair Value
 
Quoted Prices in Active Markets for Identical Assets (Level 1)
 
Significant Other Observable Inputs (Level 2)
 
Significant Unobservable Inputs (Level 3)
Financial Assets:
 
 
 
 
 
 
 
 
 
 
Cash and cash equivalents
 
$
50,992

 
$
50,992

 
$
50,992

 
$

 
$

Restricted cash
 
6,354

 
6,354

 

 
6,354

 

Securities available-for-sale (1)
 
100,204

 
100,204

 

 
100,157

 
47

FHLB Stock
 
3,519

 
3,519

 

 
3,519

 

Securities held-to-maturity
 
11,922

 
12,231

 

 
12,231

 

Loans receivable (1)
 
479,334

 
485,458

 

 

 
485,458

Loans held-for-sale (1)
 
2,724

 
2,724

 

 

 
2,724

Accrued interest receivable
 
2,781

 
2,781

 

 
2,781

 

Mortgage servicing rights
 
210

 
210

 

 

 
210

Other assets - Interest-bearing deposits (1)
 
981

 
981

 

 
981

 

Financial Liabilities:
 
 
 
 
 
 
 
 
 
 
Deposits
 
$
527,761

 
$
511,160

 
$
309,897

 
$
201,263

 
$

Advances from FHLB of New York
 
65,000

 
65,827

 

 
65,827

 

Other borrowed money
 
18,403

 
18,931

 

 
18,931