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Investment Securities Investment Securities (Tables)
6 Months Ended
Sep. 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 September 30, 2018 and March 31, 2018:
 
 
At September 30, 2018
 
 
Amortized
 
Gross Unrealized
 
 
$ in thousands
 
Cost
 
Gains
 
Losses
 
Fair-Value
Available-for-Sale:
 
 
 
 
 
 
 
 
Mortgage-backed securities:
 
 
 
 
 
 
 
 
Government National Mortgage Association
 
$
4,791

 
$

 
$
190

 
$
4,601

Federal Home Loan Mortgage Corporation
 
15,830

 

 
397

 
15,433

Federal National Mortgage Association
 
28,355

 

 
1,408

 
26,947

Total mortgage-backed securities
 
48,976

 

 
1,995

 
46,981

U.S. Government Agency Securities
 
24,497

 

 
413

 
24,084

U.S. Treasury Securities
 
16,347

 

 
78

 
16,269

Corporate Bonds
 
5,066

 

 
205

 
4,861

Total available-for-sale
 
$
94,886

 
$

 
$
2,691

 
$
92,195

Held-to-Maturity*:
 
 
 
 
 
 
 
 
Mortgage-backed securities:
 
 
 
 
 
 
 
 
Government National Mortgage Association
 
$
1,288

 
$
30

 
$

 
$
1,318

Federal National Mortgage Association and Other
 
9,257

 

 
361

 
8,896

Total held-to-maturity mortgage-backed securities
 
10,545

 
30

 
361

 
10,214

Corporate Bonds
 
1,000

 
12

 

 
1,012

Total held-to maturity
 
$
11,545

 
$
42

 
$
361

 
$
11,226



 
 
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 September 30, 2018 and March 31, 2018 for less than 12 months and 12 months or longer:
 
 
At September 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
 
$
166

 
$
19,708

 
$
1,829

 
$
27,273

 
$
1,995

 
$
46,981

U.S. Government Agency securities
 
176

 
18,046

 
237

 
6,038

 
413

 
24,084

U.S. Treasury securities
 
78

 
16,269

 

 

 
78

 
16,269

Corporate Bonds
 

 

 
205

 
4,861

 
205

 
4,861

Total available-for-sale securities
 
$
420

 
$
54,023

 
$
2,271

 
$
38,172

 
$
2,691

 
$
92,195

Held-to-Maturity:
 
 
 
 
 
 
 
 
 
 
 
 
Mortgage-backed securities
 
$
229

 
$
5,486

 
$
132

 
$
3,315

 
$
361

 
$
8,801

  Total held-to-maturity securities
 
$
229

 
$
5,486

 
$
132

 
$
3,315

 
$
361

 
$
8,801



 
 
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 September 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
$
7,479

 
$
7,464

 
2.11
%
One through five years
18,643

 
18,200

 
2.03
%
Five through ten years
7,937

 
7,457

 
2.19
%
After ten years
60,827

 
59,074

 
2.69
%
Total
$
94,886

 
$
92,195

 
2.47
%
 
 
 
 
 
 
Held-to-maturity:
 
 
 
 
 
One through five years
$
4,613

 
$
4,444

 
2.41
%
Five through ten years
$
4,090

 
$
3,998

 
3.44
%
After ten years
2,842

 
2,784

 
2.45
%
Total
$
11,545


$
11,226

 
2.78
%