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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Dec. 31, 2015
Mar. 31, 2015
Cash and cash equivalents:    
Cash and due from banks $ 45,572 $ 44,864
Money market investments 504 6,128
Total cash and cash equivalents 46,076 50,992
Restricted cash 211 6,354
Investment securities:    
Available-for-sale 68,192 101,185
Held-to-maturity [1] 15,731 11,922
Total investment securities 83,923 113,107
Loans held-for-sale (HFS) 2,404 2,576
Loans receivable:    
Real estate mortgage loans 524,624 412,204
Commercial business loans 76,867 70,555
Consumer loans 85 434
Loans, net 601,576 483,193
Allowance for loan losses (5,174) (4,477)
Total loans receivable, net 596,402 478,716
Premises and equipment, net 6,455 7,075
Federal Home Loan Bank of New York (“FHLB-NY”) stock 3,783 3,519
Accrued interest receivable 3,677 2,781
Other assets 11,202 11,266
Total assets 754,133 676,386
Deposits:    
Savings 93,302 95,009
Non-Interest Bearing Checking 66,222 50,731
Interest-bearing checking 32,581 30,860
Money market 168,257 148,702
Certificates of deposits 235,594 200,123
Mortgagors deposit 1,656 2,336
Total deposits 597,612 527,761
Advances from the FHLB-NY and other borrowed money 88,403 83,403
Other liabilities 13,053 10,243
Total liabilities 699,068 621,407
EQUITY    
Preferred stock 45,118 45,118
Common stock 61 61
Additional paid-in capital 55,470 55,468
Accumulated deficit (43,757) (44,206)
Treasury stock (417) (417)
Accumulated Other Comprehensive Income (Loss) (1,410) (1,045)
Total equity 55,065 54,979
Total liabilities and equity $ 754,133 $ 676,386
[1] * The carrying amount and amortized cost are the same for all held-to-maturity securities, as no OTTI has been recorded.