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Fair Value of Financial Instruments (Tables) | 3 Months Ended
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Jun. 30, 2020
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 June 30, 2020 and March 31, 2020 are as follows:
|  | June 30, 2020 |  |  |  |  |  |  |  |
$ 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 |  | $ | 113,695 |  |  | $ | 113,695 |  |  | $ | 113,695 |  |  | $ | — |  |  | $ | — |
Securities available-for-sale |  | 63,512 |  |  | 63,512 |  |  | — |  |  | 63,512 |  |  | — |
Securities held-to-maturity |  | 9,875 |  |  | 10,304 |  |  | — |  |  | 10,304 |  |  | — |
Loans receivable |  | 453,735 |  |  | 468,148 |  |  | — |  |  | — |  |  | 468,148 |
Accrued interest receivable |  | 2,387 |  |  | 2,387 |  |  | — |  |  | 2,387 |  |  | — |
Mortgage servicing rights |  | 152 |  |  | 152 |  |  | — |  |  | — |  |  | 152 |
Other assets - Interest-bearing deposits |  | 982 |  |  | 982 |  |  | — |  |  | 982 |  |  | — |
Financial Liabilities: |  |  |  |  |  |  |  |  |  |
Deposits |  | $ | 539,587 |  |  | $ | 541,088 |  |  | $ | 340,791 |  |  | $ | 200,297 |  |  | $ | — |
Other borrowed money |  | 41,696 |  |  | 41,769 |  |  | — |  |  | 41,769 |  |  | — |
Accrued interest payable |  | 2,770 |  |  | 2,770 |  |  | — |  |  | 2,770 |  |  | — |
|  | March 31, 2020 |  |  |  |  |  |  |  |
$ 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 |  | $ | 47,540 |  |  | $ | 47,540 |  |  | $ | 47,540 |  |  | $ | — |  |  | $ | — |
Securities available-for-sale |  | 65,829 |  |  | 65,829 |  |  | — |  |  | 65,829 |  |  | — |
Securities held-to-maturity |  | 10,151 |  |  | 10,564 |  |  | — |  |  | 10,564 |  |  | — |
Loans receivable |  | 423,786 |  |  | 438,017 |  |  | — |  |  | — |  |  | 438,017 |
Accrued interest receivable |  | 2,052 |  |  | 2,052 |  |  | — |  |  | 2,052 |  |  | — |
Mortgage servicing rights |  | 145 |  |  | 145 |  |  | — |  |  | — |  |  | 145 |
Other assets - Interest-bearing deposits |  | 981 |  |  | 981 |  |  | — |  |  | 981 |  |  | — |
Financial Liabilities: |  |  |  |  |  |  |  |  |  |
Deposits |  | $ | 488,815 |  |  | $ | 489,309 |  |  | $ | 291,951 |  |  | $ | 197,358 |  |  | $ | — |
Other borrowed money |  | 13,403 |  |  | 13,386 |  |  | — |  |  | 13,386 |  |  | — |
Accrued interest payable |  | 2,695 |  |  | 2,695 |  |  | — |  |  | 2,695 |  |  | — |

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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=121572278&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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