XML 47 R34.htm IDEA: XBRL DOCUMENT v3.19.2
Deposits Deposits (Tables)
12 Months Ended
Mar. 31, 2019
Deposits [Abstract]  
Deposit Liabilities, Type
Deposit balances and weighted average interest rates as of March 31 are as follows:
 
2019
 
2018
$ in thousands
Amount
 
Percent of Total Deposits
 
Weighted Average Rate
 
Amount
 
Percent of Total Deposits
 
Weighted Average Rate
Non-interest-bearing demand
$
60,201

 
12.54
%
 
%
 
$
62,905

 
10.72
%
 
%
Interest-bearing checking
23,473

 
4.89

 
0.12

 
23,570

 
4.02

 
0.07

Savings
99,310

 
20.68

 
0.26

 
102,550

 
17.47

 
0.25

Money market savings account
94,376

 
19.65

 
0.48

 
101,990

 
17.38

 
0.48

Certificates of deposit
200,607

 
41.78

 
1.78

 
293,513

 
50.01

 
1.25

Loan escrow deposits
2,229

 
0.46

 
2.09

 
2,355

 
0.40

 
1.76

Total
$
480,196

 
100.00
%
 
0.91
%
 
$
586,883

 
100.00
%
 
0.61
%
CD Maturities
Scheduled maturities of certificates of deposit for the year ended March 31, 2019 are as follows:
$ in thousands
 
Amount
Maturing years ending March 31:
 
 
2020
 
$
160,350

2021
 
13,428

2022
 
8,403

2023
 
12,729

2024
 
5,587

2025 and beyond
 
110

   Total
 
$
200,607



The following table represents the amount of certificates of deposit of $100,000 or more at March 31, 2019 maturing during the periods indicated:
$ in thousands
 
Maturing:
 
April 1, 2019 to June 30, 2019
$
25,464

July 1, 2019 to September 30, 2019
17,615

October 1, 2019 to March 31, 2020
25,965

April 1, 2020 and beyond
26,250

Total
$
95,294

Interest expense on deposits
Interest expense on deposits is as follows for the years ended March 31:
$ in thousands
2019
 
2018
Interest-bearing checking
$
30

 
$
19

Savings and clubs
265

 
249

Money market savings
466

 
540

Certificates of deposit
4,427

 
3,256

Loan escrow deposits
44

 
42

    Total interest expense
$
5,232

 
$
4,106

Other Deposits liabilities
The following table presents additional information about our year-end deposits:
$ in thousands
 
2019
 
2018
Deposits from the Certificate of Deposit Account Registry Service (CDARS)
 
$
48,274

 
$
48,206

Deposits from brokers
 
36,744

 
78,215

Certificates of deposit individually greater than $250,000
 
25,076

 
59,164

Deposits from certain directors, executive officers and their affiliates
 
5,029

 
7,356