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Investment Securities Investment Securities (Tables)
3 Months Ended
Jun. 30, 2018
Investments, Debt and Equity Securities [Abstract]  
Unrealized Gain (Loss) on Investments
The following tables set forth the amortized cost and fair value of securities available-for-sale and held-to-maturity at June 30, 2018 and March 31, 2018:
 
 
At June 30, 2018
 
 
Amortized
 
Gross Unrealized
 
 
$ in thousands
 
Cost
 
Gains
 
Losses
 
Fair-Value
Available-for-Sale:
 
 
 
 
 
 
 
 
Mortgage-backed securities:
 
 
 
 
 
 
 
 
Government National Mortgage Association
 
$
2,107

 
$

 
$
113

 
$
1,994

Federal Home Loan Mortgage Corporation
 
6,335

 

 
291

 
6,044

Federal National Mortgage Association
 
23,921

 

 
1,319

 
22,602

Total mortgage-backed securities
 
32,363

 

 
1,723

 
30,640

U.S. Government Agency Securities
 
14,418

 

 
351

 
14,067

U.S. Treasury Securities
 
16,318

 

 
46

 
16,272

Corporate Bonds
 
5,072

 

 
223

 
4,849

Total available-for-sale
 
$
68,171

 
$

 
$
2,343

 
$
65,828

Held-to-Maturity*:
 
 
 
 
 
 
 
 
Mortgage-backed securities:
 
 
 
 
 
 
 
 
Government National Mortgage Association
 
$
1,359

 
$
52

 
$

 
$
1,411

Federal National Mortgage Association and Other
 
9,485

 

 
314

 
9,171

Total held-to-maturity mortgage-backed securities
 
10,844

 
52

 
314

 
10,582

Corporate Bonds
 
1,000

 
21

 

 
1,021

Total held-to maturity
 
$
11,844

 
$
73

 
$
314

 
$
11,603



 
 
At March 31, 2018
 
 
Amortized
 
Gross Unrealized
 
 
$ in thousands
 
Cost
 
Gains
 
Losses
 
Fair Value
Available-for-Sale:
 
 
 
 
 
 
 
 
Mortgage-backed securities:
 
 
 
 
 
 
 
 
Government National Mortgage Association
 
$
2,163

 
$

 
$
97

 
$
2,066

Federal Home Loan Mortgage Corporation
 
6,633

 

 
283

 
6,350

Federal National Mortgage Association
 
24,638

 

 
1,227

 
23,411

Total mortgage-backed securities
 
33,434

 

 
1,607

 
31,827

U.S. Government Agency Securities
 
14,490

 

 
258

 
14,232

Corporate Bonds
 
5,078

 

 
212

 
4,866

Other investments (1)
 
10,433

 

 
649

 
9,784

Total available-for-sale
 
$
63,435

 
$

 
$
2,726

 
$
60,709

Held-to-Maturity*:
 
 
 
 
 
 
 
 
Mortgage-backed securities:
 
 
 
 
 
 
 
 
Government National Mortgage Association
 
$
1,434

 
$
51

 
$

 
$
1,485

Federal National Mortgage Association and Other
 
9,641

 

 
247

 
9,394

Total held-to-maturity mortgage-backed securities
 
11,075

 
51

 
247

 
10,879

Corporate Bonds
 
1,000

 
30

 

 
1,030

Total held-to-maturity
 
$
12,075

 
$
81

 
$
247

 
$
11,909


* The carrying amount and amortized cost are the same for all held-to-maturity securities, as no OTTI has been recorded.
(1) Primarily comprised of an investment in a CRA fund with 95% of its underlying investments consisting of government and agency-backed securities.

Schedule of Unrealized Loss on Investments
The following tables set forth the unrealized losses and fair value of securities in an unrealized loss position at June 30, 2018 and March 31, 2018 for less than 12 months and 12 months or longer:
 
 
At June 30, 2018
 
 
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
 
$
138

 
$
3,614

 
$
1,585

 
$
27,026

 
$
1,723

 
$
30,640

U.S. Government Agency securities
 
134

 
7,543

 
217

 
6,524

 
351

 
14,067

U.S. Treasury securities
 
46

 
16,272

 

 

 
46

 
16,272

Corporate Bonds
 

 

 
223

 
4,849

 
223

 
4,849

Total available-for-sale securities
 
$
318

 
$
27,429

 
$
2,025

 
$
38,399

 
$
2,343

 
$
65,828

Held-to-Maturity:
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage-backed securities
 
$
252

 
$
7,505

 
$
62

 
$
1,569

 
$
314

 
$
9,074

  Total held-to-maturity securities
 
$
252

 
$
7,505

 
$
62

 
$
1,569

 
$
314

 
$
9,074



 
 
At March 31, 2018
 
 
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
 
$
101

 
$
3,702

 
$
1,506

 
$
28,124

 
$
1,607

 
$
31,826

U.S. Government Agency securities
 
80

 
7,666

 
178

 
6,566

 
258

 
14,232

Corporate bonds
 

 

 
212

 
4,866

 
212

 
4,866

Other investments (1)
 

 

 
649

 
9,351

 
649

 
9,351

Total available-for-sale securities
 
$
181

 
$
11,368

 
$
2,545

 
$
48,907

 
$
2,726

 
$
60,275

Held-to-Maturity:
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage-backed securities
 
$
188

 
$
7,681

 
$
59

 
$
1,612

 
$
247

 
$
9,293

Total held-to-maturity securities
 
$
188

 
$
7,681

 
$
59

 
$
1,612

 
$
247

 
$
9,293


(1) Primarily comprised of an investment in a CRA fund with 95% of its underlying investments consisting of government and agency-backed securities.
Investments Classified by Contractual Maturity Date
The following is a summary of the amortized cost and fair value of debt     securities at June 30, 2018, 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:
 
 
 
 
 
Less than one year
$
7,471

 
$
7,457

 
2.11
%
One through five years
19,145

 
18,742

 
2.01
%
Five through ten years
10,254

 
9,707

 
2.08
%
After ten years
31,301

 
29,922

 
2.14
%
Total
$
68,171

 
$
65,828

 
2.09
%
 
 
 
 
 
 
Held-to-maturity:
 
 
 
 
 
One through five years
$
4,640

 
$
4,498

 
2.41
%
Five through ten years
$
4,162

 
$
4,102

 
3.39
%
After ten years
3,042

 
3,003

 
2.74
%
Total
$
11,844


$
11,603

 
2.84
%