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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
3 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Interest Income:    
Loans $ 5,587 $ 6,702
Mortgage-backed securities 294 397
Investment securities 200 110
Money market investments 69 25
Total interest income 6,150 7,234
Interest expense:    
Deposits 976 1,006
Advances and other borrowed money 344 950
Total interest expense 1,320 1,956
Net interest income 4,830 5,278
Provision for loan losses 224 5,170
Net interest income after provision for loan losses 4,606 108
Non-interest income:    
Depository fees and charges 796 721
Loan fees and service charges 200 278
Gains (Losses) on Sales of Other Real Estate (288) 0
Gain on sales of loans, net 36 1
Lower of cost or market adjustment on loans held for sale 0 (100)
Other 196 192
Total non-interest income 940 1,092
Non-interest expense:    
Employee compensation and benefits 2,720 3,045
Net occupancy expense 858 932
Equipment, net 482 543
Consulting fees 66 90
Federal deposit insurance premiums 343 454
Other 2,164 2,230
Total non-interest expense 6,633 7,294
Loss before income taxes (1,087) (6,094)
Income tax benefit 159 (109)
Net loss before attribution of noncontrolling interest (1,246) (5,985)
Non Controlling interest, net of taxes (885) 146
Net Loss (361) (6,131)
Change in unrealized gain/loss of securities available for sale (88) 271
Change in pension obligations (302) (30)
Total other comprehensive (loss) income, net of tax (390) 241
Total comprehensive loss, net of tax $ (751) $ (5,890)
Loss per common share: $ (0.10) $ (37.65)