Fair Value of Financial Instruments Fair Value of Financial Instruments (Tables)

3 Months Ended

Jun. 30, 2018

Fair Value Disclosures [Abstract]

Fair Value, by Balance Sheet Grouping

The carrying amounts and estimated fair values of the Bank’s financial instruments and estimation methodologies at June 30, 2018 and March 31, 2018 are as follows:

	June 30, 2018
$ in thousands	Carrying Amount		Estimated Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Financial Assets:
Cash and cash equivalents	$	92,084	$	92,084	$	92,084	$	—	$	—
Securities available-for-sale	65,828		65,828		16,272		49,556		—
Equity securities	9,710		9,710		—		9,279		431
FHLB Stock	566		566		—		566		—
Securities held-to-maturity	11,844		11,603		—		11,603		—
Loans receivable	446,709		434,784		—		—		434,784
Accrued interest receivable	1,912		1,912		—		1,912		—
Mortgage servicing rights	174		174		—		—		174
Other assets - Interest-bearing deposits	972		972		—		972		—
Financial Liabilities:
Deposits	$	556,983	$	554,452	$	289,152	$	265,300	$	—
Other borrowed money	13,403		13,403		—		13,403		—
Accrued interest payable	1,398		1,398		—		1,398		—

	March 31, 2018
$ in thousands	Carrying Amount		Estimated Fair Value		Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
Financial Assets:
Cash and cash equivalents	$	134,558	$	134,558	$	134,558	$	—	$	—
Securities available-for-sale	60,709		60,709		—		60,276		433
FHLB Stock	1,768		1,768		—		1,768		—
Securities held-to-maturity	12,075		11,909		—		11,909		—
Loans receivable	472,627		469,382		—		—		469,382
Accrued interest receivable	2,023		2,023		—		2,023		—
Mortgage servicing rights	181		181		—		—		181
Other assets - Interest-bearing deposits	971		971		—		971		—
Financial Liabilities:
Deposits	$	586,883	$	535,808	$	245,634	$	290,174	$	—
Advances from FHLB of New York	25,000		24,970		—		24,970		—
Other borrowed money	13,403		14,565		—		14,565		—
Accrued interest payable	1,086		1,086		—		1,086		—