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Fair Value of Financial Instruments (Tables) | 9 Months Ended
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Dec. 31, 2019
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, 2019 and March 31, 2019 are as follows:
|  | December 31, 2019 |  |  |  |  |  |  |  |
$ 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 |  | $ | 37,733 |  |  | $ | 37,733 |  |  | $ | 37,733 |  |  | $ | — |  |  | $ | — |
Securities available-for-sale |  | 70,443 |  |  | 70,443 |  |  | — |  |  | 70,443 |  |  | — |
Securities held-to-maturity |  | 10,447 |  |  | 10,604 |  |  | — |  |  | 10,604 |  |  | — |
Loans receivable |  | 417,712 |  |  | 422,890 |  |  | — |  |  | — |  |  | 422,890 |
Accrued interest receivable |  | 2,019 |  |  | 2,019 |  |  | — |  |  | 2,019 |  |  | — |
Mortgage servicing rights |  | 172 |  |  | 172 |  |  | — |  |  | — |  |  | 172 |
Other assets - Interest-bearing deposits |  | 980 |  |  | 980 |  |  | — |  |  | 980 |  |  | — |
Financial Liabilities: |  |  |  |  |  |  |  |  |  |
Deposits |  | $ | 464,298 |  |  | $ | 463,869 |  |  | $ | 278,925 |  |  | $ | 184,944 |  |  | $ | — |
Advances from FHLB of New York |  | 12,000 |  |  | 11,999 |  |  | — |  |  | 11,999 |  |  | — |
Other borrowed money |  | 13,403 |  |  | 13,371 |  |  | — |  |  | 13,371 |  |  | — |
Accrued interest payable |  | 2,426 |  |  | 2,426 |  |  | — |  |  | 2,426 |  |  | — |
|  | March 31, 2019 |  |  |  |  |  |  |  |
$ 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 |  | $ | 31,228 |  |  | $ | 31,228 |  |  | $ | 31,228 |  |  | $ | — |  |  | $ | — |
Securities available-for-sale |  | 79,845 |  |  | 79,845 |  |  | — |  |  | 79,845 |  |  | — |
Securities held-to-maturity |  | 11,137 |  |  | 11,107 |  |  | — |  |  | 11,107 |  |  | — |
Loans receivable |  | 424,182 |  |  | 424,013 |  |  | — |  |  | — |  |  | 424,013 |
Accrued interest receivable |  | 2,019 |  |  | 2,019 |  |  | — |  |  | 2,019 |  |  | — |
Mortgage servicing rights |  | 180 |  |  | 180 |  |  | — |  |  | — |  |  | 180 |
Other assets - Interest-bearing deposits |  | 976 |  |  | 976 |  |  | — |  |  | 976 |  |  | — |
Financial Liabilities: |  |  |  |  |  |  |  |  |  |
Deposits |  | $ | 480,196 |  |  | $ | 477,503 |  |  | $ | 277,360 |  |  | $ | 200,143 |  |  | $ | — |
Advances from FHLB of New York |  | 8,000 |  |  | 8,001 |  |  | — |  |  | 8,001 |  |  | — |
Other borrowed money |  | 13,403 |  |  | 12,393 |  |  | — |  |  | 12,393 |  |  | — |
Accrued interest payable |  | 1,931 |  |  | 1,931 |  |  | — |  |  | 1,931 |  |  | — |

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- 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=118260190&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=117815213&loc=d3e19207-110258 + Details
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