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ACQUISITIONS (Tables)
6 Months Ended
Sep. 30, 2013
Business Combinations [Abstract]  
Acquisition activity
The following table sets forth the acquisition activity of the Company for the six months ended September 30, 2013 and 2012:

 
2013
 
2012
Number of business combinations
1

 
3

Number of asset purchases
5

 
3

Total acquisitions
6

 
6

 
 
 
 
Purchase Price
$
993,500

 
1,406,325

Tangible assets:
 

 
 

Net loans
715,563

 
1,037,264

Furniture, fixtures & equipment
1,500

 
8,000

 
717,063

 
1,045,264

 
 
 
 
Excess of purchase prices over carrying value of net tangible assets
$
276,437

 
361,061

 
 
 
 
Customer lists
175,598

 
125,707

Non-compete agreements
30,000

 
30,000

Goodwill
70,839

 
205,354

 
 
 
 
Total intangible assets
$
276,437

 
361,061