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Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Sep. 30, 2016
Mar. 31, 2016
Cash and cash equivalents:    
Cash and due from banks $ 73,531 $ 63,156
Money market investments 255 504
Total cash and cash equivalents 73,786 63,660
Restricted cash 254 225
Investment securities:    
Available-for-sale 53,750 56,180
Held-to-maturity [1] 14,458 15,311
Total investment securities 68,208 71,491
Loans Receivable Held-for-sale, Amount 16,034 2,495
Loans receivable:    
Real estate mortgage loans 462,538 517,785
Commercial business loans 66,357 71,192
Consumer loans 250 42
Loans, net 529,145 589,019
Allowance for loan losses (4,747) (5,232)
Total loans receivable, net 524,398 583,787
Premises and equipment, net 5,585 5,983
Federal Home Loan Bank of New York (“FHLB-NY”) stock, at cost 1,946 2,883
Accrued interest receivable 3,619 3,647
Other assets 7,894 7,557
Total assets 701,724 741,728
Deposits:    
Savings 98,312 95,230
Non-Interest Bearing Checking 56,933 56,634
Interest-bearing checking 33,131 33,106
Money market 147,563 163,380
Certificates of deposits 245,505 255,854
Escrow 2,155 2,537
Total deposits 583,599 606,741
Advances from the FHLB-NY and other borrowed money 43,403 68,403
Due to broker for unsettled trades 10,079 0
Other liabilities 10,230 12,369
Total liabilities 647,311 687,513
EQUITY    
Preferred stock 45,118 45,118
Common stock 61 61
Additional paid-in capital 55,470 55,470
Accumulated deficit (45,554) (45,710)
Treasury stock (417) (417)
Accumulated Other Comprehensive Income (Loss) (265) (307)
Total equity 54,413 54,215
Total liabilities and equity $ 701,724 $ 741,728
[1] * The carrying amount and amortized cost are the same for all held-to-maturity securities, as no OTTI has been recorded.