Loan Receivable and Allowance for Loan and Lease Losses (Tables)

3 Months Ended

Jun. 30, 2016

Loans and Leases Receivable Disclosure [Abstract]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

The following is a summary of loans receivable, gross of allowance for loan losses, and net of loans held-for-sale at June 30, 2016 and March 31, 2016:



	June 30, 2016					March 31, 2016
$ in thousands	Amount			Percent		Amount			Percent
Gross loans receivable:
One-to-four family	$	133,353		24	%	$	141,243		24	%
Multifamily	81,527			15	%	94,202			16	%
Commercial real estate	267,463			48	%	272,497			47	%
Construction	5,021			1	%	5,033			1	%
Business ⁽¹⁾	69,745			13	%	71,277			12	%
Consumer ⁽²⁾	125			—	%	42			—	%
Total loans receivable	$	557,234		100	%	$	584,294		100	%

Unamortized premiums, deferred costs and fees, net	4,444					4,725

Allowance for loan losses	(5,183		)			(5,232		)
Total loans receivable, net	$	556,495				$	583,787

Loans HFS	$	5,829				$	2,495

⁽¹⁾ Includes business overdrafts

⁽²⁾Includes personal loans and consumer overdrafts

Allowance for Credit Losses on Financing Receivables [Table Text Block]

The following is an analysis of the allowance for loan losses based upon the method of evaluating loan impairment for the three month periods ended June 30, 2016 and 2015, and the fiscal year ended March 31, 2016.



Three months ended June 30, 2016
$ in thousands	One-to-four family		Multifamily			Commercial Real Estate		Construction		Business			Consumer			Total
Allowance for loan losses:
Beginning Balance	$	1,697	$	622		$	1,808	$	62	$	1,022		$	21		$	5,232
Charge-offs	3		7			—		—		—			—			10
Recoveries	—		—			5		—		156			4			165
Provision for (Recovery of) Loan Losses	181		(85		)	45		—		(322		)	(23		)	(204		)
Ending Balance	$	1,875	$	530		$	1,858	$	62	$	856		$	2		$	5,183
Allowance for Loan Losses Ending Balance: collectively evaluated for impairment	1,782		530			1,838		62		372			2			4,586
Allowance for Loan Losses Ending Balance: individually evaluated for impairment	93		—			20		—		484			—			597

Loan Receivables Ending Balance:	$	135,642	$	82,885		$	268,373	$	4,988	$	69,665		$	125		$	561,678
Ending Balance: collectively evaluated for impairment	130,775		81,130			265,506		4,988		63,068			125			545,592
Ending Balance: individually evaluated for impairment	4,867		1,755			2,867		—		6,597			—			16,086



Fiscal year ended March 31, 2016
$ in thousands	One-to-four family		Multifamily		Commercial Real Estate		Construction			Business			Consumer		Total
Allowance for loan losses:
Beginning Balance	$	1,970	$	502	$	1,029	$	99		$	813		$	15	$	4,428
Charge-offs	389		340		—		—			176			517		1,422
Recoveries	113		—		9		—			578			31		731
Provision for (Recovery of) Loan Losses	3		460		770		(37		)	(193		)	492		1,495
Ending Balance	$	1,697	$	622	$	1,808	$	62		$	1,022		$	21	$	5,232
Allowance for Loan Losses Ending Balance: collectively evaluated for impairment	1,602		622		1,787		62			548			21		4,642
Allowance for Loan Losses Ending Balance: individually evaluated for impairment	95		—		21		—			474			—		590

Loan Receivables Ending Balance:	$	143,667	$	95,648	$	273,470	$	5,000		$	71,192		$	42	$	589,019
Ending Balance: collectively evaluated for impairment	139,031		93,879		267,176		5,000			64,326			42		569,454
Ending Balance: individually evaluated for impairment	4,636		1,769		6,294		—			6,866			—		19,565



Three months ended June 30, 2015
$ in thousands	One-to-four family			Multifamily		Commercial Real Estate		Construction		Business			Consumer			Total
Allowance for loan losses:
Beginning Balance (restated)	$	1,970		$	502	$	1,029	$	99	$	813		$	15		$	4,428
Charge-offs	230			238		—		—		112			1			581
Recoveries	—			—		—		—		93			1			94
Provision for (Recovery of) Loan Losses (restated)	(100		)	146		3		—		(3		)	(12		)	34
Ending Balance (restated)	$	1,640		$	410	$	1,032	$	99	$	791		$	3		$	3,975

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

The following is a summary of nonaccrual loans at June 30, 2016 and March 31, 2016.



$ in thousands	June 30, 2016		March 31, 2016
Gross loans receivable:
One-to-four family	$	3,060	$	2,947
Multifamily	1,755		1,769
Commercial real estate	2,221		5,338
Business	2,469		3,896
Total nonaccrual loans	$	9,505	$	13,950

Schedules of Concentration of Risk, by Risk Factor [Table Text Block]

As of June 30, 2016, the risk category by class of loans is as follows:



$ in thousands	Multifamily		Commercial Real Estate		Construction		Business
Credit Risk Profile by Internally Assigned Grade:
Pass	$	81,130	$	261,296	$	4,988	$	60,115
Special Mention	—		4,210		—		2,005
Substandard	1,755		2,867		—		7,545
Doubtful	—		—		—		—
Loss	—		—		—		—
Total	$	82,885	$	268,373	$	4,988	$	69,665

					One-to-four family		Consumer
Credit Risk Profile Based on Payment Activity:
Performing					$	132,582	$	125
Non-Performing					3,060		—
Total					$	135,642	$	125

As of March 31, 2016, and based on the most recent analysis performed, the risk category by class of loans is as follows:



$ in thousands	Multifamily		Commercial Real Estate		Construction		Business
Credit Risk Profile by Internally Assigned Grade:
Pass	$	93,879	$	262,937	$	5,000	$	61,331
Special Mention	—		4,239		—		2,039
Substandard	1,769		6,294		—		7,822
Doubtful	—		—		—		—
Loss	—		—		—		—
Total	$	95,648	$	273,470	$	5,000	$	71,192

					One-to-four family		Consumer
Credit Risk Profile Based on Payment Activity:
Performing					$	140,720	$	42
Non-Performing					2,947		—
Total					$	143,667	$	42

Past Due Financing Receivables [Table Text Block]

The following table presents an aging analysis of the recorded investment of past due financing receivable as of June 30, 2016 and March 31, 2016.



June 30, 2016
$ in thousands	30-59 Days Past Due		60-89 Days Past Due		90 or More Days Past Due		Total Past Due		Current		Total Financing Receivables
One-to-four family	$	624	$	143	$	1,707	$	2,474	$	133,168	$	135,642
Multifamily	798		—		957		1,755		81,130		82,885
Commercial real estate	—		—		2,221		2,221		266,152		268,373
Construction	—		—		—		—		4,988		4,988
Business	—		—		1,660		1,660		68,005		69,665
Consumer	—		—		—		—		125		125
Total	$	1,422	$	143	$	6,545	$	8,110	$	553,568	$	561,678



March 31, 2016
$ in thousands	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days		Total Past Due		Current		Total Financing Receivables
One-to-four family	$	986	$	—	$	2,628	$	3,614	$	140,053	$	143,667
Multifamily	—		—		1,769		1,769		93,879		95,648
Commercial real estate	889		3,410		—		4,299		269,171		273,470
Construction	—		—		—		—		5,000		5,000
Business	2,495		307		1,972		4,774		66,418		71,192
Consumer	2		—		—		2		40		42
Total	$	4,372	$	3,717	$	6,369	$	14,458	$	574,561	$	589,019

Impaired Financing Receivables [Table Text Block]

The following table presents information on impaired loans with the associated allowance amount, if applicable, at June 30, 2016 and March 31, 2016.



	At June 30, 2016						At March 31, 2016
$ in thousands	Recorded Investment		Unpaid Principal Balance		Associated Allowance		Recorded Investment		Unpaid Principal Balance		Associated Allowance
With no specific allowance recorded:
One-to-four family	$	3,147	$	4,120	$	—	$	2,909	$	4,101	$	—
Multifamily	1,755		2,108		—		1,769		2,122		—
Commercial real estate	1,982		2,148		—		5,405		5,572		—
Business	3,955		4,027		—		4,223		4,403		—
With an allowance recorded:
One-to-four family	1,720		1,720		93		1,727		1,727		95
Multifamily	—		—		—		—		—		—
Commercial real estate	885		885		20		889		889		21
Business	2,642		2,642		484		2,643		2,643		474
Total	$	16,086	$	17,650	$	597	$	19,565	$	21,457	$	590

The following tables presents information on average balances on impaired loans and the interest income recognized on a cash basis for the three month period ended June 30, 2016 and 2015.



	For the Three Months Ended June 30,
	2016				2015
$ in thousands	Average Balance		Interest Income Recognized		Average Balance		Interest Income Recognized
With no specific allowance recorded:
One-to-four family	$	3,153	$	7	$	5,275	$	3
Multifamily	1,755		2		1,406		—
Commercial real estate	1,985		—		1,869		—
Construction	—		—		—		—
Business	4,099		134		5,294		9
Consumer and other	—		—		—		—
With an allowance recorded:
One-to-four family	1,721		1		2,209		2
Multifamily	—		—		—		—
Commercial real estate	885		—		739		—
Business	2,647		26		511		—
Consumer and other	—		—		—		—
Total	$	16,245	$	170	$	17,303	$	14

Troubled Debt Restructurings on Financing Receivables [Table Text Block]