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Consolidated Statements of Financial Condition (USD $)
In Thousands, unless otherwise specified
Dec. 31, 2013
Mar. 31, 2013
Cash and cash equivalents:    
Cash and due from banks $ 109,238 $ 98,083
Money market investments 9,059 6,563
Total cash and cash equivalents 118,297 104,646
Restricted cash 6,556 10,666
Investment securities:    
Available-for-sale, at fair value 84,602 116,051
Held-to-maturity Securities, at amortized cost (fair value of $12,902 and $9,629 at December 31, 2013 and March 31, 2013 respectively) 12,089 9,043
Total investments 96,691 125,094
Loans Held-for-sale (HFS) 7,678 13,107
Loans receivable:    
Real estate mortgage loans 364,820 334,594
Business loan receivable 28,188 35,281
Consumer loans 155 247
Loans, net 393,163 370,122
Allowance for loan losses (8,415) (10,989)
Total Loans Receivable, Net 384,748 359,133
Premises and equipment, net 8,016 8,597
Federal Home Loan Bank of New York (“FHLB-NY”) stock, at cost 4,226 3,503
Accrued interest receivable 2,620 2,247
Other assets 9,812 11,284
Total assets 638,644 638,277
Deposits:    
Savings 94,648 98,066
Non-Interest Bearing Checking 58,186 58,239
NOW 24,883 25,927
Money Market 115,820 113,259
Certificates of Deposit 190,446 200,225
Total deposits 483,983 495,716
Advances from the FHLB-NY and other borrowed money 95,403 76,403
Other liabilities 8,830 9,423
Total liabilities 588,216 581,542
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 December 31, 2013 and March 31, 2013, respectively) 61 61
Additional paid-in capital 56,114 55,708
Accumulated Deficit (43,803) (44,439)
Non-controlling interest (223) 141
Treasury stock, at cost (1,944 at December 31, 2013 and March 31, 2013) (417) (417)
Accumulated other comprehensive (loss)/income (6,422) 563
Total stockholders’ equity 50,428 56,735
Total liabilities and stockholders’ equity $ 638,644 $ 638,277