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Consolidated Statements of Financial Condition (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2013
Mar. 31, 2013
Cash and cash equivalents:    
Cash and due from banks $ 95,841 $ 98,083
Money market investments 10,001 6,563
Total cash and cash equivalents 105,842 104,646
Restricted cash 6,556 10,666
Investment securities:    
Available-for-sale, at fair value 87,222 116,051
Held-to-maturity Securities 12,419 9,043
Total investments 99,641 125,094
Loans Held-for-sale (HFS) 7,854 13,107
Loans receivable:    
Real estate mortgage loans 369,083 334,594
Commercial business loans 29,765 35,281
Consumer loans 193 247
Loans, net 399,041 370,122
Allowance for loan losses (9,399) (10,989)
Total Loans Receivable, Net 389,642 359,133
Premises and equipment, net 8,243 8,597
Federal Home Loan Bank of New York (“FHLB-NY”) stock, at cost 4,226 3,503
Accrued interest receivable 2,530 2,247
Other assets 10,280 11,284
Total assets 634,814 638,277
Deposits:    
Savings 95,435 98,066
Non-Interest Bearing Checking 54,839 58,239
NOW 25,962 25,927
Money Market 115,484 113,259
Certificates of Deposit 187,738 200,225
Total deposits 479,458 495,716
Advances from the FHLB-NY and other borrowed money 95,403 76,403
Other liabilities 8,195 9,423
Total liabilities 583,056 581,542
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; 3,697,836 and 3,697,364 issued; 3,695,892 and 3,695,420 shares outstanding at September 30, 2013 and March 31, 2013, respectively) 61 61
Additional paid-in capital 55,980 55,708
Accumulated Deficit (43,685) (44,439)
Non-controlling interest 57 141
Treasury stock, at cost (1,944 at September 30, 2013 and March 31, 2013) (417) (417)
Accumulated other comprehensive (loss)/income (5,356) 563
Total stockholders’ equity 51,758 56,735
Total liabilities and stockholders’ equity $ 634,814 $ 638,277