Deposits Deposits (Tables)

12 Months Ended

Mar. 31, 2017

Deposit balances and weighted average interest rates as of March 31 are as follows:



	2017						2016
$ in thousands	Amount		Percent of Total Deposits		Weighted Average Rate		Amount		Percent of Total Deposits		Weighted Average Rate
Non-interest-bearing demand	$	61,576	10.63	%	—	%	$	56,634	9.32	%	—	%
Interest-bearing checking	37,180		6.42		0.14		33,106		5.46		0.16
Savings	100,913		17.42		0.27		95,230		15.70		0.27
Money market savings account	140,807		24.31		0.60		163,380		26.93		0.52
Certificates of deposit	236,342		40.81		1.00		255,854		42.17		0.92
Mortgagors deposits	2,358		0.41		1.79		2,537		0.42		1.22
Total	$	579,176	100.00	%	0.61	%	$	606,741	100.00	%	0.59	%

Scheduled maturities of certificates of deposit for the year ended March 31, 2017 are as follows:

The following table represents the amount of certificates of deposit of $100,000 or more at March 31, 2017 maturing during the periods indicated:

Interest expense on deposits is as follows for the years ended March 31:



$ in thousands	2017			2016
Interest-bearing checking	$	48		$	52
Savings and clubs	261			253
Money market savings	875			844
Certificates of deposit	2,451			2,099
Mortgagors deposits	40			28
	3,675			3,276
Penalty for early withdrawal of certificates of deposit	(14		)	(7		)
Total interest expense	$	3,661		$	3,269

The following table presents additional information about our year-end deposits:



$ in thousands	2017		2016
Deposits from the Certificate of Deposit Account Registry Service (CDARS)	$	34,547	$	34,708
Deposits from brokers	71,436		93,921
Certificates of deposit individually greater than $250,000	59,489		61,898
Deposits from certain directors, executive officers and their affiliates	17,822		17,987