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Fair Value Measurements (Tables)
6 Months Ended
Sep. 30, 2013
FAIR VALUE MEASUREMENTS [Abstract]  
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]
 
 
Fair Value Measurements at March 31, 2013, Using
$ in thousands
 
Quoted Prices in
Active Markets for
Identical Assets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
 
Total Fair
Value
Assets:
 
 
 
 
 
 
 
 
Mortgage servicing rights
 
$

 
$

 
$
275

 
$
275

Investment securities:
 
 
 
 
 
 
 
 
Available-for-sale:
 
 
 
 
 
 
 
 
Mortgage-backed securities:
 
 
 
 
 
 
 
 
Agency mortgage-backed securities
 

 
23,840

 

 
23,840

Federal Home Loan Mortgage Corporation
 

 
16,059

 

 
16,059

Federal National Mortgage Association
 

 
4,303

 

 
4,303

Asset-backed Securities
 

 
15,519

 

 
15,519

Other
 

 
56,279

 
51

 
56,330

Total available-for-sale securities
 

 
116,000

 
51

 
116,051

Total assets
 
$

 
$
116,000

 
$
326

 
$
116,326

The following table presents, by valuation hierarchy, assets that are measured at fair value on a recurring basis as of September 30, 2013 and March 31, 2013, and that are included in the Company’s Consolidated Statements of Financial Condition at these dates:

 
 
Fair Value Measurements at September 30, 2013, Using
$ in thousands
 
Quoted Prices in Active Markets for Identical Assets
(Level 1)
 
Significant Other
Observable Inputs
(Level 2)
 
Significant
Unobservable Inputs
(Level 3)
 
Total Fair
Value
Assets:
 
 
 
 
 
 
 
 
Mortgage servicing rights
 
$

 
$

 
$
276

 
$
276

Investment securities:
 
 
 
 
 
 
 
 
Available-for-sale:
 
 
 
 
 
 
 
 
Mortgage-backed securities:
 
 
 
 
 
 
 
 
Government National Mortgage Association
 

 
5,938

 

 
5,938

Federal Home Loan Mortgage Corporation
 

 
13,597

 

 
13,597

Federal National Mortgage Association
 

 
10,958

 

 
10,958

Other
 

 
56,680

 
49

 
56,729

Total available-for-sale securities
 

 
87,173

 
49

 
87,222

Total assets
 
$

 
$
87,173

 
$
325

 
$
87,498

Schedule of Servicing Assets at Fair Value [Table Text Block]
The following table includes a roll-forward of assets classified by the Company within Level 3 of the valuation hierarchy for the six months ended September 30, 2013 and 2012:
 
 
Total Realized/Unrealized Gains/(Losses) Recorded in Income (1)
 
 
 
 
 
 
 
Change in Unrealized Gains and (Losses) Related to Instruments Held at September 30, 2013
$ in thousands
Beginning balance, April 1, 2013
 
 
Issuances / (Settlements)
 
Transfers to/(from) Level 3
 
Ending balance, September 30, 2013
 
Securities Available-for-Sale
$
51

 
$

 
$
(2
)
 
$

 
$
49

 
$

 
 
 
 
 
 
 
 
 
 
 
 
Mortgage servicing rights
275

 
1

 

 

 
276

 



 
 
Total Realized/Unrealized Gains/(Losses) Recorded in Income (1)
 
 
 
 
 
 
 
Change in Unrealized Gains and (Losses) Related to Instruments Held at September 30, 2012
$ in thousands
Beginning balance, April 1, 2012
 
 
Issuances / (Settlements)
 
Transfers to/(from) Level 3
 
Ending balance, September 30, 2012
 
Securities Available-for-Sale
$
52

 
$
(1
)
 
$

 
$

 
$
51

 
$

 
 
 
 
 
 
 
 
 
 
 
 
Mortgage servicing rights
491

 
(26
)
 

 

 
465

 

Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Table Text Block]
The following table presents assets and liabilities that were measured at fair value on a non-recurring basis as of September 30, 2013 and March 31, 2013 and that are included in the Company’s Consolidated Statements of Financial Condition at these dates:
 
 
Fair Value Measurements at September 30, 2013, Using
 
 
Quoted Prices in
Active Markets for
Identical Assets
 
Significant Other
Observable Inputs
 
Significant
Unobservable
 
Total Fair
$ in thousands
 
(Level 1)
 
(Level 2)
 
Inputs (Level 3)
 
Value
Loans held-for-sale
 
$

 
$
7,854

 
$

 
$
7,854

Impaired loans with a specific reserve allocated
 
$

 
$

 
$
9,717

 
$
9,717

Other real estate owned
 
$

 
$
970

 
$

 
$
970

 
 
Fair Value Measurements at March 31, 2013, Using
 
 
Quoted Prices in
Active Markets for
Identical Assets
 
Significant Other
Observable Inputs
 
Significant
Unobservable
 
Total Fair
$ in thousands
 
(Level 1)
 
(Level 2)
 
Inputs (Level 3)
 
Value
Loans held-for-sale
 
$

 
$
13,107

 
$

 
$
13,107

Impaired loans with a specific reserve allocated
 
$

 
$

 
$
13,397

 
$
13,397

Other real estate owned
 
$

 
$
2,386

 
$

 
$
2,386