Deposits (Notes)

12 Months Ended

Mar. 31, 2013

Deposit Liabilities Disclosures [Text Block]

DEPOSITS

Deposit balances and weighted average stated interest rates as of March 31 are as follows:



$ in thousands	2013						2012
	Amount		Percent of Total Deposits		Weighted Average Rate		Amount		Percent of Total Deposits		Weighted Average Rate
Non-interest-bearing demand	$	58,239	11.75	%	—	%	$	67,202	12.62	%	—	%
NOW accounts	25,927		5.23	%	0.16	%	28,325		5.32	%	0.15	%
Savings	98,066		19.78	%	0.26	%	101,079		18.98	%	0.27	%
Money market savings account	113,259		22.85	%	0.67	%	109,404		20.54	%	0.77	%
Certificates of deposit	198,089		39.96	%	1.16	%	224,445		42.14	%	1.25	%
Mortgagors deposits	2,136		0.43	%	1.80	%	2,142		0.40	%	1.67	%
Total	$	495,716	100.00	%	0.68	%	$	532,597	100.00	%	0.75	%

Scheduled maturities of certificates of deposit are as follows for the year ended March 31, 2013:



$ in thousands	Period to Maturity
Rate	< 1 Yr.		1-2 Yrs.		2-3 Yrs.		3+ Yrs.		Total 2013		Percent of Total
0% - 0.99%	$	91,938	$	5,539	$	2,280	$	4,064	$	103,821	52.41	%
1% - 1.99%	14,246		34,361		3,589		15,144		67,340		33.99	%
2% - 3.99%	4,518		4,425		11,982		5,719		26,644		13.45	%
4% and over	228		53		—		3		284		0.14	%
Total	$	110,930	$	44,378	$	17,851	$	24,930	$	198,089	99.99	%

As of March 31, 2013 the Bank had pledged $0.1 million in fair value of investment securities as collateral for certain large deposits.

The following table represents the amount of certificates of deposit of $100,000 or more at March 31, 2013 maturing during the periods indicated:



$ in thousands
Maturing:
April 1, 2013 to June 30, 2013	$	27,876
July 1, 2013 to September 30, 2013	9,476
October 1, 2013 to March 31, 2014	38,167
April 1, 2014 and beyond	63,723
Total	$	139,242

Interest expense on deposits is as follows for the years ended March 31:



$ in thousands	2013			2012			2011
NOW demand	$	42		$	42		$	101
Savings and clubs	259			274			286
Money market savings	739			838			795
Certificates of deposit	2,441			2,848			4,322
Mortgagors deposits	37			38			41
	3,518			4,040			5,545
Penalty for early withdrawal of certificates of deposit	(10		)	(17		)	(16		)
Total interest expense	$	3,508		$	4,023		$	5,529

- Definition

The entire disclosure for deposit liabilities including data and tables. It may include a description of the entity's deposit liabilities, the aggregate amount of time deposits (including certificates of deposit) in denominations of $100,000 or more at the balance sheet date; the aggregate amount of any demand deposits that have been reclassified as loan balances, such as overdrafts, at the balance sheet date; deposits that are received on terms other than those in the normal course of business, the amount of accrued interest on deposit liabilities; securities, mortgage loans or other financial instruments that serve as collateral for deposits; for time deposits having a remaining term of more than one year, the aggregate amount of maturities for each of the five years following the balance sheet date; and the weighted average interest rate for all deposit liabilities held by the entity.

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