XML 14 R2.htm IDEA: XBRL DOCUMENT v3.8.0.1
Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2017
Mar. 31, 2017
Cash and cash equivalents:    
Cash and due from banks $ 45,195 $ 58,428
Money market investments 258 258
Total cash and cash equivalents 45,453 58,686
Restricted cash 0 283
Investment securities:    
Available-for-sale 58,107 59,011
Held-to-maturity [1] 13,094 13,435
Total investment securities 71,201 72,446
Loans held-for-sale (HFS) 1,020 944
Loans receivable:    
Real estate mortgage loans 457,112 471,444
Commercial business loans 67,968 65,114
Consumer loans 8,612 8,994
Loans, gross 533,692 545,552
Allowance for loan losses (5,133) (5,060)
Total loans receivable, net 528,559 540,492
Premises and equipment, net 5,548 5,427
Federal Home Loan Bank of New York (“FHLB-NY”) stock, at cost 2,122 2,171
Accrued interest receivable 1,778 1,583
Other assets 5,393 5,829
Total assets 661,074 687,861
Deposits:    
Non-interest bearing checking 56,191 61,576
Interest-bearing deposits    
Savings 102,738 100,913
Interest-bearing checking 24,130 37,180
Money market 108,835 140,807
Certificates of deposit 265,005 236,342
Escrow 1,762 2,358
Total interest-bearing deposits 502,470 517,600
Total deposits 558,661 579,176
Advances from the FHLB-NY and other borrowed money 44,403 49,403
Other liabilities 10,874 11,884
Total liabilities 613,938 640,463
EQUITY    
Preferred stock 45,118 45,118
Common stock 61 61
Additional paid-in capital 55,475 55,474
Accumulated deficit (51,537) (50,898)
Treasury stock (417) (417)
Accumulated other comprehensive loss (1,564) (1,940)
Total equity 47,136 47,398
Total liabilities and equity $ 661,074 $ 687,861
[1] * The carrying amount and amortized cost are the same for all held-to-maturity securities, as no OTTI has been recorded.