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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2015
Mar. 31, 2015
Cash and cash equivalents:    
Cash and due from banks $ 56,919 $ 44,864
Money market investments 753 6,128
Total cash and cash equivalents 57,672 50,992
Restricted cash 154 6,354
Investment securities:    
Available-for-sale 75,760 101,185
Held-to-maturity 16,087 11,922
Total investment securities 91,847 113,107
Loans held-for-sale (HFS) 2,586 2,576
Loans receivable:    
Real estate mortgage loans 485,916 412,204
Commercial business loans 76,766 70,555
Consumer loans 89 434
Loans, net 562,771 483,193
Allowance for loan losses (4,572) (4,477)
Total loans receivable, net 558,199 478,716
Premises and equipment, net 6,882 7,075
Federal Home Loan Bank of New York (“FHLB-NY”) stock 3,558 3,519
Accrued interest receivable 3,516 2,781
Other assets 12,322 11,266
Total assets 736,736 676,386
Deposits:    
Savings 92,174 95,009
Non-Interest Bearing Checking 56,854 50,731
Interest-bearing checking 31,898 30,860
Money market 163,832 148,702
Certificates of deposits 239,258 200,123
Mortgagors deposit 2,278 2,336
Total deposits 586,294 527,761
Advances from the FHLB-NY and other borrowed money 83,403 83,403
Other liabilities 11,819 10,243
Total liabilities 681,516 621,407
EQUITY    
Preferred stock 45,118 45,118
Common stock 61 61
Additional paid-in capital 55,470 55,468
Accumulated deficit (44,194) (44,206)
Treasury stock (417) (417)
Accumulated Other Comprehensive Income (Loss) (818) (1,045)
Total equity 55,220 54,979
Total liabilities and equity $ 736,736 $ 676,386