Investment Securities (Tables)

12 Months Ended

Mar. 31, 2016

Investments, Debt and Equity 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 March 31, 2016:



	Amortized		Gross Unrealized
$ in thousands	Cost		Gains		Losses		Fair Value
Available-for-Sale:
Mortgage-backed securities:
Government National Mortgage Association	$	4,578	$	45	$	—	$	4,623
Federal Home Loan Mortgage Corporation	7,778		—		100		7,678
Federal National Mortgage Association	7,860		—		36		7,824
Other	45		—		—		45
Total mortgage-backed securities	20,261		45		136		20,170
U.S. Government Agency Securities	26,077		27		35		26,069
Other investments	10,148		—		207		9,941
Total available-for-sale	56,486		72		378		56,180
Held-to-Maturity:
Mortgage-backed securities:
Government National Mortgage Association	2,379		150		—		2,529
Federal National Mortgage Association	11,932		192		—		12,124
Total held-to-maturity mortgage-backed securities	14,311		342		—		14,653
Corporate Bonds	1,000		—		—		1,000
Total held-to-maturity	15,311		342		—		15,653
Total securities	$	71,797	$	414	$	378	$	71,833

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
$ 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 ⁽¹⁾	15,533		—		198		15,335
Total available-for-sale	101,249		102		1,147		100,204
Held-to-Maturity:
Mortgage-backed securities:
Government National Mortgage Association	3,100		232		—		3,332
Federal National Mortgage Association	8,822		77		—		8,899
Total held-to-maturity mortgage-backed securities	11,922		309		—		12,231
Total held-to-maturity	11,922		309		—		12,231
Total securities	$	113,171	$	411	$	1,147	$	112,435

⁽¹⁾March 31, 2015 balance has been been restated from previously reported amounts to correct the classification of $981 thousand of interest-bearing deposits from available-for-sale securities to other assets.

Schedule of Realized Gain (Loss) on AFS portfolio [Table Text Block]

The following is a summary regarding proceeds from securities sales of the available-for-sale portfolio for the years ended March 31:



$ in thousands	2016		2015
Available-for-Sale:
Proceeds	$	4,951	$	994
Gross gains	2		8
Gross losses	1		—

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 March 31, 2016 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	$	—	$	—	$	136	$	15,502	$	136	$	15,502
U.S. Government Agency Securities	3		2,996		32		11,242		35		14,238
Other investments ⁽¹⁾	—		—		207		9,793		207		9,793
Total available-for-sale securities	$	3	$	2,996	$	375	$	36,537	$	378	$	39,533

⁽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

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 March 31, 2016, 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	$	4,999	$	4,991	1.52	%
Five through ten years	12,122		12,108		2.06	%
After ten years	39,365		39,081		1.50	%
	56,486		56,180		1.63	%
Held-to-maturity:
Five through ten years	6,921		7,089		3.02	%
After ten years	8,390		8,564		2.53	%
	$	15,311	$	15,653	2.75	%