Carrying Amounts and Fair Value of Financial Instruments: Schedule of Fair Value of Assets and Liabilities on Nonrecurring Basis (Tables)

3 Months Ended

Jun. 30, 2012

Tables/Schedules

Schedule of Fair Value of Assets and Liabilities on Nonrecurring Basis

				Balance At
	Level 1	Level 2	Level 3	June 30, 2012
Assets:
Mortgage Loans Held For Sale	$-	$3,158,501	-	$3,158,501
Impaired Loans (1)	-	-	42,586,079	42,586,079
Foreclosed Assets	-	-	13,745,651	13,745,651
Total	$-	$3,158,501	56,331,730	$59,490,231

(1) IMPAIRED LOANS ARE REPORTED NET OF SPECIFIC RESERVES OF $44,541.

				Balance At
	Level 1	Level 2	Level 3	March 31, 2012
Assets:
Mortgage Loans Held For Sale	$-	$2,671,771	$-	$2,671,771
Impaired Loans (1)	-	-	39,160,338	39,160,338
Foreclosed Assets	-	-	14,160,099	14,160,099
Total	$-	$2,671,771	$53,320,437	$55,992,208

(1) IMPAIRED LOANS ARE REPORTED NET OF SPECIFIC RESERVES OF $1,636,848.