XML 36 R25.htm IDEA: XBRL DOCUMENT v3.10.0.1

Fair Value of Financial Instruments Fair Value of Financial Instruments (Tables)

9 Months Ended

Dec. 31, 2018

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 December 31, 2018 and March 31, 2018 are as follows:

		December 31, 2018
$ 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		$	40,073			$	40,073			$	40,073			$	—			$	—
Securities available-for-sale		102,330				102,330				16,340				85,990				—
Equity securities		416				416				—				—				416
FHLB Stock		566				566				—				566				—
Securities held-to-maturity		11,340				11,194				—				11,194				—
Loans receivable		422,605				420,568				—				—				420,568
Accrued interest receivable		2,068				2,068				—				2,068				—
Mortgage servicing rights		209				209				—				—				209
Other assets - Interest-bearing deposits		975				975				—				975				—
Financial Liabilities:
Deposits		$	513,017			$	510,522			$	282,634			$	227,888			$	—
Other borrowed money		13,403				13,403				—				13,403				—
Accrued interest payable		1,684				1,684				—				1,684				—

		March 31, 2018
$ 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		$	134,558			$	134,558			$	134,558			$	—			$	—
Securities available-for-sale		60,709				60,709				—				60,276				433
FHLB Stock		1,768				1,768				—				1,768				—
Securities held-to-maturity		12,075				11,909				—				11,909				—
Loans receivable		472,627				469,382				—				—				469,382
Accrued interest receivable		2,023				2,023				—				2,023				—
Mortgage servicing rights		181				181				—				—				181
Other assets - Interest-bearing deposits		971				971				—				971				—
Financial Liabilities:
Deposits		$	586,883			$	535,808			$	245,634			$	290,174			$	—
Advances from FHLB of New York		25,000				24,970				—				24,970				—
Other borrowed money		13,403				14,565				—				14,565				—
Accrued interest payable		1,086				1,086				—				1,086				—

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://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 11
-URI http://asc.fasb.org/extlink&oid=109250915&loc=d3e13467-108611

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 820
-SubTopic 10
-Section 50
-Paragraph 2
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=99377789&loc=d3e19207-110258

+ 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