Fair Value of Financial Instruments (Tables)

12 Months Ended

Mar. 31, 2021

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 March 31 are as follows:

	March 31, 2021
$ 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	$	75,591	$	75,591	$	75,591	$	—	$	—
Securities available-for-sale	86,507		86,507		—		86,507		—
Securities held-to-maturity	7,807		8,140		—		8,140		—
Loans receivable	478,409		487,806		—		—		487,806
Accrued interest receivable	2,640		2,640		—		2,640		—
Mortgage servicing rights	147		147		—		—		147
Financial Liabilities:
Deposits	$	556,559	$	557,049	$	402,843	$	154,206	$	—
Other borrowed money	37,108		37,150		—		37,150		—
Accrued interest payable	3,212		3,212		—		3,212		—

	March 31, 2020
$ 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	$	47,540	$	47,540	$	47,540	$	—	$	—
Securities available-for-sale	65,829		65,829		—		65,829		—
Securities held-to-maturity	10,151		10,564		—		10,564		—
Loans receivable	423,786		438,017		—		—		438,017
Accrued interest receivable	2,052		2,052		—		2,052		—
Mortgage servicing rights	145		145		—		—		145
Other assets - Interest-bearing deposits	981		981		—		981		—
Financial Liabilities:
Deposits	$	488,815	$	489,309	$	291,951	$	197,358	$	—
Other borrowed money	13,403		13,386		—		13,386		—
Accrued interest payable	2,695		2,695		—		2,695		—