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Consolidated Statements of Financial Position (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2012
Mar. 31, 2012
Cash and cash equivalents:    
Cash and due from banks $ 114,292 $ 89,872
Money market investments 7,558 1,825
Total cash and cash equivalents 121,850 91,697
Restricted cash 6,416 6,415
Investment securities:    
AFS Fair Value 109,936 85,106
Held-to-maturity Securities 9,565 11,081
Total investments 119,501 96,187
Loans Held-for-sale, Fair Value Disclosure 18,991 29,626
Loans receivable:    
Loans Receivable, Gross, Commercial, Real Estate 330,655 367,611
Commercial business loans 33,535 43,989
Loans and Leases Receivable, Gross, Consumer 264 1,258
Loans, net 364,454 412,858
Loans and Leases Receivable, Allowance (14,483) (19,821)
Total Loans Receivable, Net 349,971 393,037
Premises and equipment, net 8,885 9,573
Federal Home Loan Bank of New York (“FHLB-NY”) stock, at cost 3,368 2,168
Accrued interest receivable 2,359 2,256
Other assets 9,297 10,271
Total assets 640,638 641,230
Deposits:    
Savings 96,226 101,079
Non-Interest Bearing Checking 61,676 67,202
NOW 25,044 28,325
Money Market 113,417 109,404
Certificates of Deposit 205,286 226,587
Total deposits 501,649 532,597
Advances from the FHLB-NY and other borrowed money 73,403 43,429
Other liabilities 9,986 8,585
Total liabilities 585,038 584,611
Stockholders’ equity:    
Preferred stock, (par value $0.01, per share) 45,118 Series D shares, with a liquidation preference of $1,000, issued and outstanding 45,118 45,118
Common stock (par value $0.01 per share: 10,000,000 shares authorized; 3,697,264 issued; 3,695,320 and 3,695,174 shares outstanding at June 30, 2012 and March 31, 2012, respectively) 61 61
Additional paid-in capital 55,574 54,068
Accumulated Deficit (45,125) (45,091)
Non-controlling interest 95 2,751
Treasury stock, at cost (1,944 at June 2012 and 2,090 shares at March 31, 2012, respectively) (417) (447)
Accumulated other comprehensive income 294 159
Total stockholders’ equity 55,600 56,619
Total liabilities and stockholders’ equity $ 640,638 $ 641,230