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Earnings Per Common Share
 6 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Earnings Per Common Share
EARNINGS PER COMMON SHARE

The following table reconciles the earnings (loss) available to common shareholders (numerator) and the weighted average common stock outstanding (denominator) for both basic and diluted earnings (loss) per share for the following periods:
 
 
Three Months Ended September 30,
 
Six Months Ended
September 30,
$ in thousands except per share data
 
2017
 
2016
Restated (1)
 
2017
 
2016
Restated (1)
Net (loss) income (1)
 
$
(594
)
 
$
(251
)
 
(1,235
)
 
74

Less: Participated securities share of undistributed earnings (1)
 
—

 
—

 
—

 
45

Net (loss) income available to common shareholders (1)
 
$
(594
)
 
$
(251
)
 
$
(1,235
)
 
$
29

 
 
 
 
 
 
 
 
 
Weighted average common shares outstanding - basic
 
3,696,420

 
3,696,420

 
3,696,420

 
3,696,420

Effect of dilutive Management Recognition Plan ("MRP") shares
 
—

 
—

 
—

 
4,000

Weighted average common shares outstanding – diluted
 
3,696,420

 
3,696,420

 
3,696,420

 
3,700,420

 
 
 
 
 
 
 
 
 
Basic (loss) earnings per common share (1)
 
$
(0.16
)
 
$
(0.07
)
 
$
(0.33
)
 
$
0.01

Diluted (loss) earnings per common share (1)
 
$
(0.16
)
 
$
(0.07
)
 
$
(0.33
)
 
$
0.01

(1) September 30, 2016 balances have been restated from previously reported results to correct for material and certain other errors from prior periods. Refer to Note 1 for further detail.