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Organization Restatement Statement of Condition (Details) - USD ($)
$ in Thousands
12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2014
Loans $ 24,702 $ 19,974  
Mortgage-backed securities 761 799  
Cash and due from banks 63,156 44,864  
Money market investments 504 6,128  
Total cash and cash equivalents 63,660 50,992 $ 122,554
Restricted cash 225 6,354  
Investment securities:      
Available-for-sale Securities 56,180 100,204 [1],[2]  
Held-to-maturity 15,311 11,922  
Total investments 71,491 112,126 [1]  
Loans Receivable Held-for-sale, Amount 2,495 2,724 [2]  
Loans receivable:      
Real estate mortgage loans 517,785 412,688 [1]  
Commercial business loans 71,192 70,640 [3]  
Consumer loans 42 434  
Loans, net 589,019 483,762 [4],[5]  
Allowance for loan losses (5,232) (4,428) [2],[4],[5] (7,366) [5]
Total loans receivable, net 583,787 479,334 [6],[7]  
Premises and equipment, net 5,983 7,075  
Federal Home Loan Bank of New York (“FHLB-NY”) stock 2,883 3,519  
Accrued interest receivable 3,647 2,781  
Other assets 7,557 10,875 [8]  
Total assets 741,728 675,780 [7]  
Deposits:      
Savings 95,230 95,009  
Non-interest bearing checking 56,634 50,731  
Interest-bearing checking 33,106 30,860  
Money market 163,380 148,702  
Certificates of deposit 255,854 200,123  
Mortgagors deposits 2,537 2,336  
Deposits 606,741 527,761  
Advances from the FHLB-NY and other borrowed money 68,403 83,403  
Other liabilities 12,369 10,971 [9]  
Total liabilities 687,513 622,135 [4]  
Preferred stock 45,118 45,118  
Common stock 61 61  
Additional paid-in capital 55,470 55,468  
Accumulated deficit (45,710) (45,540) [2]  
Treasury stock, at cost (417) (417)  
Accumulated Other Comprehensive (Loss) Income (307) (1,045)  
Total equity 54,215 53,645 [4],[8] $ 50,471 [1]
Total liabilities and equity $ 741,728 675,780 [9]  
Scenario, Previously Reported [Member]      
Loans   19,974  
Mortgage-backed securities   799  
Cash and due from banks   44,864  
Money market investments   6,128  
Total cash and cash equivalents   50,992  
Restricted cash   6,354  
Investment securities:      
Available-for-sale Securities   101,185  
Held-to-maturity   11,922  
Total investments   113,107  
Loans Receivable Held-for-sale, Amount   2,576  
Loans receivable:      
Real estate mortgage loans   412,204  
Commercial business loans   70,555  
Consumer loans   434  
Loans, net   483,193  
Allowance for loan losses   (4,477)  
Total loans receivable, net   478,716  
Premises and equipment, net   7,075  
Federal Home Loan Bank of New York (“FHLB-NY”) stock   3,519  
Accrued interest receivable   2,781  
Other assets   11,266  
Total assets   676,386  
Deposits:      
Savings   95,009  
Non-interest bearing checking   50,731  
Interest-bearing checking   30,860  
Money market   148,702  
Certificates of deposit   200,123  
Mortgagors deposits   2,336  
Deposits   527,761  
Advances from the FHLB-NY and other borrowed money   83,403  
Other liabilities   10,243  
Total liabilities   621,407  
Preferred stock   45,118  
Common stock   61  
Additional paid-in capital   55,468  
Accumulated deficit   (44,206)  
Treasury stock, at cost   (417)  
Accumulated Other Comprehensive (Loss) Income   (1,045)  
Total equity   54,979  
Total liabilities and equity   676,386  
Restatement Adjustment [Member]      
Loans   0  
Mortgage-backed securities   0  
Cash and due from banks   0  
Money market investments   0  
Total cash and cash equivalents   0  
Restricted cash   0  
Investment securities:      
Available-for-sale Securities   (981)  
Held-to-maturity   0  
Total investments   (981)  
Loans Receivable Held-for-sale, Amount   148  
Loans receivable:      
Real estate mortgage loans   484  
Commercial business loans   85  
Consumer loans   0  
Loans, net   569  
Allowance for loan losses   49  
Total loans receivable, net   618  
Premises and equipment, net   0  
Federal Home Loan Bank of New York (“FHLB-NY”) stock   0  
Accrued interest receivable   0  
Other assets   (391)  
Total assets   (606)  
Deposits:      
Savings   0  
Non-interest bearing checking   0  
Interest-bearing checking   0  
Money market   0  
Certificates of deposit   0  
Mortgagors deposits   0  
Deposits   0  
Advances from the FHLB-NY and other borrowed money   0  
Other liabilities   728  
Total liabilities   728  
Preferred stock   0  
Common stock   0  
Additional paid-in capital   0  
Accumulated deficit   (1,334)  
Treasury stock, at cost   0  
Accumulated Other Comprehensive (Loss) Income   0  
Total equity   (1,334)  
Total liabilities and equity   $ (606)  
[1] (1) March 31, 2015 and 2014 balances have been restated from previously reported results to correct for material and certain other errors from prior periods. Refer to Notes 1 and 18 for further detail.
[2] (1) March 31, 2015 balances have been restated from previously reported results to correct for material and certain other errors from prior periods. Refer to Notes 1 and 18 for further detail.
[3] (1) March 31, 2015 balances have been restated from previously reported results to correct for material and certain other errors from prior periods. Refer to Notes 1 and 18 for further detail.
[4] (1) March 31, 2015 balances have been restated from previously reported results to correct for material and certain other errors from prior periods. Refer to Notes 1 and 18 for further detail.
[5] (2) March 31, 2015 balances have been restated from previously reported results for the $701 thousand reclassification of negative escrow balances from Other Assets to Loans Receivable a
[6] (1) March 31, 2015 has been restated to correct the classification of loans held-for-sale and other real estate owned from Level 2 to Level 3 assets and for the reclassification of negative escrow balances from Other Assets to Loans Held-for-Sale.
[7] 1) March 31, 2015 balances have been restated from previously reported results to correct for material and certain other errors from prior periods. Refer to Notes 1 and 18 for further detail.
[8] (1) March 31, 2015 balances have been restated from previously reported results to correct for material and certain other errors from prior periods. Refer to Notes 1 and 18 for further detail.
[9] (1) March 31, 2015 balances have been restated from previously reported results to correct for material and certain other errors from prior periods. Refer to Notes 1 and 18 for further detail. See acc