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Investment Securities (Tables)
6 Months Ended
Sep. 30, 2015
INVESTMENT SECURITIES [Abstract]  
Investment Securities Amortized Cost and Estimated Fair Value [Table Text Block]
The following table sets forth the amortized cost and estimated fair value of securities available-for-sale and held-to-maturity at September 30, 2015:
 
 
Amortized
 
Gross Unrealized
 
Estimated
$ in thousands
 
Cost
 
Gains
 
Losses
 
Fair-Value
Available-for-Sale:
 
 
 
 
 
 
 
 
Mortgage-backed securities:
 
 
 
 
 
 
 
 
Government National Mortgage Association
 
$
5,169

 
$
18

 
$
(5
)
 
$
5,182

Federal Home Loan Mortgage Corporation
 
8,398

 

 
(127
)
 
8,271

Federal National Mortgage Association
 
8,449

 

 
(77
)
 
8,372

Other
 
46

 

 

 
46

Total mortgage-backed securities
 
22,062

 
18

 
(209
)
 
21,871

U.S. Government Agency Securities
 
43,533

 
25

 
(418
)
 
43,140

Other investments
 
10,983

 

 
(234
)
 
10,749

Total available-for-sale
 
76,578

 
43

 
(861
)
 
75,760

Held-to-Maturity*:
 
 
 
 
 
 
 
 
Mortgage-backed securities:
 
 
 
 
 
 
 
 
Government National Mortgage Association
 
2,657

 
167

 

 
2,824

Federal National Mortgage Association and Other
 
12,430

 
84

 
(27
)
 
12,487

Total held-to-maturity mortgage-backed securities
 
15,087

 
251

 
(27
)
 
15,311

Corporate Bonds
 
1,000

 

 

 
1,000

Total held-to maturity
 
16,087

 
251

 
(27
)
 
16,311

Total securities
 
$
92,665

 
$
294

 
$
(888
)
 
$
92,071


* The carrying amount and amortized cost are the same for all held-to-maturity securities, as no OTTI has been recorded.

The following table sets forth the amortized cost and estimated fair value of securities available-for-sale and held-to-maturity at March 31, 2015:
 
 
Amortized
 
Gross Unrealized
 
Estimated
$ in thousands
 
Cost
 
Gains
 
Losses
 
Fair Value
Available-for-Sale:
 
 
 
 
 
 
 
 
Mortgage-backed securities:
 
 
 
 
 
 
 
 
Government National Mortgage Association
 
$
5,575

 
$
9

 
$
(57
)
 
$
5,527

Federal Home Loan Mortgage Corporation
 
10,705

 
10

 
(127
)
 
10,588

Federal National Mortgage Association
 
10,925

 
35

 
(103
)
 
10,857

Other
 
47

 

 

 
47

Total mortgage-backed securities
 
27,252

 
54

 
(287
)
 
27,019

U.S. Government Agency Securities
 
58,464

 
48

 
(662
)
 
57,850

Other investments
 
16,514

 

 
(198
)
 
16,316

Total available-for-sale
 
102,230

 
102

 
(1,147
)
 
101,185

Held-to-Maturity*:
 
 
 
 
 
 
 
 
Mortgage-backed securities:
 
 
 
 
 
 
 
 
Government National Mortgage Association
 
3,100

 
232

 

 
3,332

Federal National Mortgage Association and Other
 
8,822

 
77

 

 
8,899

Total held-to-maturity mortgage-backed securities
 
11,922

 
309

 

 
12,231

Other
 

 

 

 

Total held-to-maturity
 
11,922

 
309

 

 
12,231

Total securities
 
$
114,152

 
$
411

 
$
(1,147
)
 
$
113,416


* The carrying amount and amortized cost are the same for all held-to-maturity securities, as no OTTI has been recorded.
Schedule of Unrealized Loss on Investments [Table Text Block]
The following table sets forth the unrealized losses and fair value of securities in an unrealized loss position at September 30, 2015 for less than 12 months and 12 months or longer:
 
 
Less than 12 months
 
12 months or longer
 
Total
$ in thousands
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
Available-for-Sale:
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage-backed securities
 
$

 
$

 
$
(209
)
 
$
17,836

 
$
(209
)
 
$
17,836

U.S. Government Agency Securities
 
(3
)
 
4,997

 
(415
)
 
26,117

 
(418
)
 
31,114

Other investments (1)
 

 

 
(234
)
 
9,766

 
(234
)
 
9,766

Total available-for-sale securities
 
(3
)
 
4,997

 
(858
)
 
53,719

 
(861
)
 
58,716

 
 
 
 
 
 
 
 
 
 
 
 
 
Held-to-Maturity:
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage-backed securities
 
(27
)
 
2,901

 

 

 
(27
)
 
2,901

  Total held-to-maturity securities
 
(27
)
 
2,901

 

 

 
(27
)
 
2,901

  Total securities
 
$
(30
)
 
$
7,898

 
$
(858
)
 
$
53,719

 
$
(888
)
 
$
61,617


(1) CRA fund comprised of over 95% agency securities.

The following table sets forth the unrealized losses and fair value of securities in an unrealized loss position at March 31, 2015 for less than 12 months and 12 months or longer:
 
 
Less than 12 months
 
12 months or longer
 
Total
$ in thousands
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
 
Unrealized
Losses
 
Fair
Value
Available-for-Sale:
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage-backed securities
 
$

 
$

 
$
(287
)
 
$
22,297

 
$
(287
)
 
$
22,297

U.S. Government Agency Securities
 
(57
)
 
12,943

 
(605
)
 
26,400

 
(662
)
 
39,343

Other investments (1)
 

 

 
(198
)
 
9,802

 
(198
)
 
9,802

Total available-for-sale securities
 
(57
)
 
12,943

 
(1,090
)
 
58,499

 
(1,147
)
 
71,442


(1) CRA fund comprised of over 95% agency securities.
Investments Classified by Contractual Maturity Date [Table Text Block]

The following is a summary of the carrying value (amortized cost) and fair value of securities at September 30, 2015, by remaining period to contractual maturity (ignoring earlier call dates, if any).  Actual maturities may differ from contractual maturities because certain security issuers have the right to call or prepay their obligations.  The table below does not consider the effects of possible prepayments or unscheduled repayments.
$ in thousands
Amortized Cost
 
Fair Value
 
Weighted
Average Yield
Available-for-Sale:
 
 
 
 
 
One through five years
9,983

 
9,965

 
1.44
%
Five through ten years
19,183

 
18,891

 
1.99
%
After ten years
47,412

 
46,904

 
1.56
%
Total
$
76,578

 
$
75,760

 
1.65
%
 
 
 
 
 
 
Held-to-maturity:
 
 
 
 
 
Five through ten years
$
7,076

 
$
7,188

 
3.00
%
After ten years
9,011

 
9,123

 
2.51
%
Total
$
16,087


$
16,311

 
2.72
%