XML 29 R4.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Mar. 31, 2011
Interest Income:      
Loans $ 21,398 $ 25,930 $ 33,792
Mortgage-backed securities 971 1,302 1,993
Investment securities 1,211 489 357
Money market investments 205 215 103
Interest and Dividend Income, Operating 23,785 27,936 36,245
Interest expense:      
Deposits 3,508 4,023 5,529
Advances and other borrowed money 1,370 4,030 3,926
Total interest expense 4,878 8,053 9,455
Net interest income 18,907 19,883 26,790
Provision for loan losses (3,327) 16,342 27,114
Net interest income after provision for loan losses 22,234 3,541 (324)
Non-interest income:      
Depository fees and charges 3,480 2,990 2,936
Loan fees and service charges 693 895 1,022
Gain on sale of securities, net 174 0 764
Gain (Loss) on sale of loans, net 2,250 257 8
Loss from sale of real estate owned (808) (216) (202)
New Market Tax Credit Fees 625 625 1,940
Market adjustment on held for sale loans (32) (1,870) (200)
Other 667 973 1,062
Total non-interest income 7,049 3,654 7,330
Non-interest expense:      
Employee compensation and benefits 11,126 12,087 11,704
Net occupancy expense 3,625 3,692 3,855
Equipment, net 1,184 1,341 1,659
Data processing 1,176 761 613
Consulting fees 357 475 1,312
Federal deposit insurance premiums 1,248 1,531 1,938
Other 10,522 11,047 9,677
Total non-interest expense 29,238 30,934 30,758
Loss before income taxes and non controlling interest 45 (23,739) (23,752)
Income tax expense (benefit) 328 (961) 15,718
Net loss before attribution of noncontrolling interest (283) (22,778) (39,470)
Non Controlling interest, net of taxes (945) 629 57
Operating Income (Loss) 662 (23,407) (39,527)
Noncontrolling Interest, Period Increase (Decrease) (945) 686 6,655
Change in unrealized gain/loss of securities available for sale 672 478 (466)
Change in pension obligations (268) 0 (51)
Total other comprehensive income (loss), net of tax 404 478 (517)
Total comprehensive loss, net of tax 1,066 (22,929) (40,044)
Loss per common share:      
Loss per common share: $ 0.18 $ (14.26) $ (242.25)
Earnings Per Share, Diluted $ 0.18    
Accumulated Other Comprehensive Income (Loss) [Member]
     
Non-interest expense:      
Operating Income (Loss) 0 0 0
Noncontrolling Interest, Period Increase (Decrease) 0 0 0
Change in unrealized gain/loss of securities available for sale   478 (466)
Change in pension obligations $ 268