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Carrying Amounts and Fair Value of Financial Instruments: Schedule of Assets Measured on Recurring Basis (Tables)
3 Months Ended
Jun. 30, 2012
Tables/Schedules  
Schedule of Assets Measured on Recurring Basis

 

 

Quoted

 

 

 

 

 

Market

 

Significant

 

 

 

Price In

 

Other

 

Significant

 

Active

 

Observable

 

Unobservable

 

Markets

 

Inputs

 

Inputs

 

(Level 1)

 

(Level 2)

 

(Level 3)

Assets:

 

 

 

 

 

FHLB Securities

$-

   

$2,511,640

   

$-

Federal National Mortgage

 

 

 

 

 

  Association (“FNMA”) and

 

 

 

 

 

  Federal Home Loan Mortgage

 

 

 

 

 

  Corporation (“FHLMC”) Bonds

-

 

1,000,790

 

-

Small Business Administration (“SBA”) Bonds

-

 

89,401,019

 

-

Tax Exempt Municipal Securities

-

 

31,969,427

 

-

Mortgage-Backed Securities

-

 

233,381,604

 

-

Equity Securities

-

 

72,750

 

-

Total

$-

 

$358,337,230

 

$-

 

 

Quoted

 

 

 

 

 

Market

 

Significant

 

 

 

Price In

 

Other

 

Significant

 

Active

 

Observable

 

Unobservable

 

Markets

 

Inputs

 

Inputs

 

(Level 1)

 

(Level 2)

 

(Level 3)

Assets:

 

   

 

   

 

FHLB Securities

$-

 

$2,698,894

 

$-

FNMA and FHLMC Bonds

 

 

2,921,851

 

 

SBA Bonds

 

 

86,278,802

 

 

Tax Exempt Municipal Bonds

 

 

24,125,725

 

 

Mortgage-Backed Securities

-

 

237,853,835

 

-

Equity Securities

-

 

75,750

 

-

Total

$-

 

$353,954,857

 

$-