XML 36 R24.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Fair Value of Financial Instruments Fair Value of Financial Instruments (Tables) | 6 Months Ended
--- | ---
Sep. 30, 2017
Fair Value Disclosures [Abstract] |
Fair Value, by Balance Sheet Grouping | The carrying amounts and estimated fair values of the Bank’s financial instruments and estimation methodologies at September 30, 2017 and March 31, 2017 are as follows:
|  | September 30, 2017
$ 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 |  | $ | 67,650 |  |  | $ | 67,650 |  |  | $ | 67,650 |  |  | $ | — |  |  | $ | — |
Securities available-for-sale |  | 56,486 |  |  | 56,486 |  |  | — |  |  | 56,095 |  |  | 391 |
FHLB Stock |  | 1,768 |  |  | 1,768 |  |  | — |  |  | 1,768 |  |  | — |
Securities held-to-maturity |  | 12,752 |  |  | 12,892 |  |  | — |  |  | 12,892 |  |  | — |
Loans receivable |  | 513,417 |  |  | 515,689 |  |  | — |  |  | — |  |  | 515,689 |
Accrued interest receivable |  | 2,190 |  |  | 2,190 |  |  | — |  |  | 2,190 |  |  | — |
Mortgage servicing rights |  | 171 |  |  | 171 |  |  | — |  |  | — |  |  | 171 |
Other assets - Interest-bearing deposits |  | 986 |  |  | 986 |  |  | — |  |  | 986 |  |  | — |
Financial Liabilities: |  |  |  |  |  |  |  |  |  |
Deposits |  | $ | 569,486 |  |  | $ | 568,487 |  |  | $ | 293,657 |  |  | $ | 274,830 |  |  | $ | — |
Advances from FHLB of New York |  | 25,000 |  |  | 24,989 |  |  | — |  |  | 24,989 |  |  | — |
Repos |  | 1,000 |  |  | 999 |  |  | — |  |  | 999 |  |  | — |
Other borrowed money |  | 13,403 |  |  | 14,837 |  |  | — |  |  | 14,837 |  |  | — |
Accrued interest payable |  | 721 |  |  | 721 |  |  | — |  |  | 721 |  |  | — |
|  | March 31, 2017
$ 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 |  | $ | 58,686 |  |  | $ | 58,686 |  |  | $ | 58,686 |  |  | $ | — |  |  | $ | — |
Restricted cash |  | 283 |  |  | 283 |  |  | — |  |  | 283 |  |  | — |
Securities available-for-sale |  | 59,011 |  |  | 59,011 |  |  | — |  |  | 58,608 |  |  | 403 |
FHLB Stock |  | 2,171 |  |  | 2,171 |  |  | — |  |  | 2,171 |  |  | — |
Securities held-to-maturity |  | 13,435 |  |  | 13,497 |  |  | — |  |  | 13,497 |  |  | — |
Loans receivable |  | 540,492 |  |  | 543,929 |  |  | — |  |  | — |  | 485,458 |  | 543,929 |
Loans held-for-sale |  | 944 |  |  | 944 |  |  | — |  |  | — |  |  | 944 |
Accrued interest receivable |  | 1,583 |  |  | 1,583 |  |  | — |  |  | 1,583 |  |  | — |
Mortgage servicing rights |  | 192 |  |  | 192 |  |  | — |  |  | — |  |  | 192 |
Other assets - Interest-bearing deposits |  | 985 |  |  | 985 |  |  | — |  |  | 985 |  |  | — |
Financial Liabilities: |  |  |  |  |  |  |  |  |  |
Deposits |  | $ | 579,176 |  |  | $ | 548,902 |  |  | $ | 313,430 |  |  | $ | 235,472 |  |  | $ | — |
Advances from FHLB of New York |  | 30,000 |  |  | 29,994 |  |  | — |  |  | 29,994 |  |  | — |
Other borrowed money |  | 19,403 |  |  | 18,896 |  |  | — |  |  | 18,896 |  |  | — |
Accrued interest payable |  | 390 |  |  | 390 |  |  | — |  |  | 390 |  |  | — |

X
- Definition Tabular disclosure of the fair value of financial instruments, including financial assets and financial liabilities, and the measurements of those instruments, assets, and liabilities. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=77997519&loc=d3e13476-108611 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=66048111&loc=d3e19207-110258 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 11 -URI http://asc.fasb.org/extlink&oid=77997519&loc=d3e13467-108611 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=75026489&loc=d3e13220-108610 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14172-108612 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=77997519&loc=d3e13433-108611 + Details
Name: | us-gaap_FairValueByBalanceSheetGroupingTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_FairValueDisclosuresAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration