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ACQUISITIONS (Tables)
9 Months Ended
Dec. 31, 2012
Business Combinations [Abstract]  
Acquisition activity
The following table sets forth the acquisition activity of the Company for the nine months ended December 31, 2012 and 2011:

 
2012
 
2011
Number of business combinations
3

 
1

Number of asset purchases
6

 
19

Total acquisitions
9

 
20

 
 
 
 
Purchase Price
$
1,687,990

 
3,060,356

Tangible assets:
 

 
 

Net loans
1,255,798

 
2,412,286

Furniture, fixtures & equipment
8,000

 
7,500

 
1,263,798

 
2,419,786

 
 
 
 
Excess of purchase prices over carrying value of net tangible assets
$
424,192

 
640,570

 
 
 
 
Customer lists
173,838

 
565,570

Non-compete agreements
45,000

 
75,000

Goodwill
205,354

 

 
 
 
 
Total intangible assets
$
424,192

 
640,570