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Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Net loss before attribution of noncontrolling interests $ (1,246) $ (5,985)
Noncontrolling interest 885 (146)
Net Loss (361) (6,131)
Adjustments to reconcile net income to net cash from operating activities:    
Provision for loan losses 224 5,170
Depreciation and amortization expense 292 372
Amortization of intangibles 0 38
Loss from sale of real estate owned 288 0
Gain on sale of loans, net (36) (1)
Market Adjustment on held for sale loans 0 100
Proceeds from sale of loans held-for-sale 5,666 3,125
Decrease in accrued interest receivable 76 (445)
Increase in loan premiums and discounts and deferred charges (83) 311
Decrease (increase) in premiums and discounts — securities 163 115
Decrease (increase) in other assets (272) (1,181)
Increase (decrease) in other liabilities (278) 3,675
Net cash provided by operating activities 5,679 5,148
INVESTING ACTIVITIES    
Purchase of securities: Available-for-sale (17,750) (7,315)
Proceeds from principal payments, maturities, calls and sales of securities: Available-for-sale 11,788 4,117
Proceeds from principal payments, maturities, calls and sales of securities: Held-to-maturity 667 3,748
Originations of loans held-for-investment (1,454) (2,380)
Principal collections on loans 16,159 20,846
Proceeds on sale of loans 470 0
Increase in restricted cash 0 (6,214)
(Purchase)/redemption of FHLB-NY stock (886) 554
Additions to premises and equipment (25) (51)
Proceeds from sale of real estate owned 195 326
Net cash provided by investing activities 9,164 13,631
FINANCING ACTIVITIES    
Net decrease in deposits (18,529) (69,076)
Net change in FHLB-NY advances and other borrowings 22,992 (11,070)
Increase in capital 0 51,432
Net cash (used in) provided by financing activities 4,463 (28,714)
Net (decrease) increase in cash and cash equivalents 19,306 (9,935)
Cash and cash equivalents at beginning of period 91,697 44,077
Cash and cash equivalents at end of period 111,003 34,142
Noncash Transfers-    
Change in unrealized loss on valuation of available-for-sale investments, net (88) 240
Transfers from loans held-for-investment to loans held-for-sale 6,212 11,988
Cash paid for-    
Interest Paid 1,210 1,941
Income Taxes Paid $ 0 $ 775