Hamilton Bancorp 10-K 26 Jun 15 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Mar. 31, 2015	Jun. 26, 2015	Sep. 30, 2014
Document Information [Line Items]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Mar. 31, 2015
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY
Trading Symbol	HBK
Entity Registrant Name	HAMILTON BANCORP, INC.
Entity Central Index Key	1,551,739
Current Fiscal Year End Date	--03-31
Entity Well-known Seasoned Issuer	No
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Smaller Reporting Company
Entity Common Stock, Shares Outstanding		3,417,713
Entity Public Float			$ 39,576,582

Consolidated Statements of Fina

Consolidated Statements of Financial Condition - Entity [Domain] - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Assets
Cash and due from banks	$ 3,294,273	$ 3,471,505
Federal funds sold and Federal Home Loan Bank deposit	6,226,976	10,312,341
Interest-bearing deposits in other banks	7,122,639	19,289,464
Cash and cash equivalents	16,643,888	33,073,310
Investment securities available for sale	92,939,751	103,553,274
Federal Home Loan Bank stock, at cost	522,700	266,000
Loans held for sale	581,139
Loans, less allowance for loan losses of $1,690,236 and $1,785,973	158,594,958	142,913,591
Premises and equipment	1,972,348	2,101,587
Foreclosed real estate	455,575	664,020
Accrued interest receivable	835,940	789,800
Bank-owned life insurance	12,359,969	12,002,078
Deferred income taxes	1,961,850	2,360,726
Income taxes refundable		659,859
Goodwill and other intangible assets	2,802,765	2,835,765
Other assets	1,368,886	1,549,057
Total Assets	291,039,769	302,769,067
Liabilities
Noninterest-bearing deposits	16,652,771	15,327,161
Interest-bearing deposits	205,666,121	223,493,010
Total deposits	222,318,892	238,820,171
Borrowings	6,000,000
Advances by borrowers for taxes and insurance	619,028	669,797
Other liabilities	1,302,141	1,508,831
Total liabilities	$ 230,240,061	$ 240,998,799
Commitments and contingencies
Shareholders' Equity
Common stock, $.01 par value, 100,000,000 shares authorized. Issued: 3,417,713 shares at March 31, 2015 and 3,595,100 shares at March 31, 2014	$ 34,177	$ 35,951
Additional paid in capital	30,832,815	32,910,362
Retained earnings	32,752,071	33,066,380
Unearned ESOP shares	(2,518,040)	(2,666,160)
Accumulated other comprehensive income	(301,315)	(1,576,265)
Total shareholders' equity	60,799,708	61,770,268
Total Liabilities and Shareholders' Equity	$ 291,039,769	$ 302,769,067

Consolidated Statements of Fin3

Consolidated Statements of Financial Condition (Parenthetical) - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Allowance for loan losses	$ 1,690,236	$ 1,785,973
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	100,000,000	100,000,000
Common stock, issued	3,417,713	3,595,100

Consolidated Statements of Oper

Consolidated Statements of Operations - Entity [Domain] - USD ($)	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Interest revenue
Loans, including fees	$ 7,337,434	$ 8,079,762
U.S. treasuries and government agencies	414,022	450,727
Municipal and corporate bonds	139,989	42,971
Mortgage-backed securities	1,459,333	1,613,607
Federal funds sold and other bank deposits	37,684	48,900
Total interest revenue	9,388,462	10,235,967
Interest expense
Deposits	1,657,588	1,915,969
Borrowed funds	4,221
Total interest expense	1,661,809	1,915,969
Net interest income	7,726,653	8,319,998
Provision for loan losses	170,000	1,873,557
Net interest income after provision for loan losses	7,556,653	6,446,441
Noninterest revenue
Service charges	383,261	365,900
Gain on sale of investment securities	271,551	171,890
Gain on sale of loans held for sale	35,066	28,858
Gain on sale of property and equipment	1,832	82,518
Earnings on bank-owned life insurance	357,891	379,410
Other	36,234	26,806
Total noninterest revenue	1,085,835	1,055,382
Noninterest expenses
Salaries	3,886,252	3,438,146
Employee benefits	1,172,654	1,196,379
Occupancy	746,762	877,458
Advertising	141,288	250,340
Furniture and equipment	314,282	338,003
Data processing	547,227	605,446
Legal services	279,520	484,689
Other professional services	374,520	511,524
Merger related expenses	73,505
Deposit insurance premiums	231,442	251,535
Foreclosed real estate expense, writedowns and losses	222,041	575,640
Other operating	1,304,657	1,159,836
Total noninterest expense	9,294,150	9,688,996
Loss before income taxes	(651,662)	(2,187,173)
Income tax benefit	(337,353)	(991,789)
Net Loss	$ (314,309)	$ (1,195,384)
Loss per common share - basic and diluted	$ (0.10)	$ (0.35)

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - Entity [Domain] - USD ($)	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Net loss	$ (314,309)	$ (1,195,384)
Other comprehensive income (loss):
Unrealized gain (loss) on investment securities available for sale	2,376,994	(3,086,986)
Reclassification adjustment for realized (gain) loss on investment securities available for sale included in net loss	(271,551)	(171,890)
Total unrealized gain (loss) on investment securities available for sale	2,105,443	(3,258,876)
Income tax expense (benefit) relating to investment securities available for sale	830,493	(1,285,864)
Other comprehensive income (loss)	1,274,950	(1,973,012)
Total comprehensive income (loss)	$ 960,641	$ (3,168,396)

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity - Entity [Domain] - USD ($)	Total	Common Stock	Additional Paid-In Capital	Retained Earnings	Unearned ESOP Shares	Accumulated Other Comprehensive Income
Balance at Mar. 31, 2013	$ 67,435,611	$ 37,030	$ 35,554,350	$ 34,261,764	$ (2,814,280)	$ 396,747
Net income (loss)	(1,195,384)			(1,195,384)
Unrealized gain (loss) on available for sale securities, net of tax effect of $(1,285,864) for 2014 and $830,493 for 2015	(1,973,012)					(1,973,012)
Repurchase of common stock	(2,753,180)	(1,851)	(2,751,329)
Stock based compensation - options	34,868		34,868
Restricted stock - compensation and activity	35,663	772	34,891
ESOP shares allocated for release	185,702		37,582		148,120
Balance at Mar. 31, 2014	61,770,268	35,951	32,910,362	33,066,380	(2,666,160)	(1,576,265)
Net income (loss)	(314,309)			(314,309)
Unrealized gain (loss) on available for sale securities, net of tax effect of $(1,285,864) for 2014 and $830,493 for 2015	1,274,950					1,274,950
Repurchase of common stock	(2,526,358)	(1,816)	(2,524,542)
Stock based compensation - options	209,209		209,209
Restricted stock - compensation and activity	210,920	42	210,878
ESOP shares allocated for release	175,028		26,908		148,120
Balance at Mar. 31, 2015	$ 60,799,708	$ 34,177	$ 30,832,815	$ 32,752,071	$ (2,518,040)	$ (301,315)

Consolidated Statements of Cha7

Consolidated Statements of Changes in Shareholders' Equity (Parenthetical) - USD ($)	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Unrealized gain on available for sale securities,tax effect	$ 830,493	$ (1,285,864)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - Entity [Domain] - USD ($)	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Cash flows from operating activities
Interest received	$ 9,788,679	$ 11,008,154
Fees and commissions received	417,663	547,079
Interest paid	(1,661,812)	(1,926,884)
Cash paid to suppliers and employees	(8,216,949)	(8,986,518)
Origination of loans held for sale	(3,305,750)	(2,162,283)
Proceeds from sale of loans held for sale	2,759,677	2,387,885
Income tax refund received	565,595	1,334,017
Net cash provided by operating activities	347,103	2,201,450
Cash flows from investing activities
Proceeds from sale of securities available for sale	11,776,244	13,224,898
Proceeds from maturing and called securities available for sale, including principal pay downs	23,994,244	21,309,689
Purchase of investment securities available for sale	(23,242,712)	(27,649,576)
(Purchase) redemption of Federal Home Loan Bank stock	(256,700)	134,600
Loans made, net of principal repayments	(15,847,543)	13,290,514
Purchase of premises and equipment	(145,152)	(93,224)
Proceeds from sale of foreclosed real estate		601,250
Proceeds from sale of premises and equipment	23,500	224,052
Net cash provided (used) by investing activities	(3,698,119)	21,042,203
Cash flows from financing activities
Net increase (decrease) in Deposits	(16,501,279)	(21,286,704)
Advances by borrowers for taxes and insurance	(50,769)	(99,203)
Borrowings	6,000,000
Repurchase of common stock	(2,526,358)	(2,753,180)
Net cash used by financing activities	(13,078,406)	(24,139,087)
Net decrease in cash and cash equivalents	(16,429,422)	(895,434)
Cash and cash equivalents at beginning of period	33,073,310	33,968,744
Cash and cash equivalents at end of period	16,643,888	33,073,310
Reconciliation of net loss to net cash provided (used) by operating activities
Net loss	(314,309)	(1,195,384)
Adjustments to reconcile net loss to net cash provided by operating activities
Amortization of premiums on securities	462,741	661,134
Gain on sale of investment securities	(271,551)	(171,890)
Loss on sale of foreclosed real estate		154,409
Writedown of foreclosed real estate	221,005	339,294
Loan premium amortization		15,334
Deposit premium amortization		(10,000)
Core deposit intangible asset amortization	33,000	41,000
Premises and equipment depreciation and amortization	252,723	310,935
Loss (gain) on disposal of premises and equipment	(1,832)	(82,518)
Stock based compensation	420,129	70,531
Provision for loan losses	170,000	1,873,557
ESOP shares allocated for release	175,027	185,702
Decrease (increase) in
Accrued interest receivable	(46,140)	71,612
Loans held for sale	(581,139)	196,743
Cash surrender value of life insurance	(357,891)	(379,411)
Income taxes refundable and deferred income taxes	228,242	342,228
Other assets	180,171	(161,638)
Increase (decrease) in
Accrued interest payable	(3)	(915)
Deferred loan origination fees	(16,383)	24,108
Other liabilities	(206,687)	(83,381)
Net cash provided by operating activities	347,103	2,201,450
Noncash investing activity
Real estate acquired through foreclosure	$ 12,560	$ 1,003,314

Nature of Operations and Summar

Nature of Operations and Summary of Significant Accounting Policies	12 Months Ended
	Mar. 31, 2015
Nature of Operations and Summary of Significant Accounting Policies	Note 1: Nature of Operations and Summary of Significant Accounting Policies Basis of Presentation Hamilton Bancorp, Inc. (the “Company”) was incorporated on June 7, 2012 to serve as the stock holding company for Hamilton Bank (the “Bank”), a federally chartered savings bank. On October 10, 2012, in accordance with a Plan of Conversion adopted by its Board of Directors and approved by its members, the Bank converted from a mutual savings bank to a stock savings bank and became the wholly owned subsidiary of the Company. In connection with the conversion, the Company sold 3,703,000 shares of common stock at a price of $10.00 per share, through which the Company received proceeds of approximately $35,580,000, net of offering expenses of approximately $1,450,000. In connection with the conversion, the Bank’s Board of Directors adopted an employee stock ownership plan (the “ESOP”) which subscribed for 8.0% of shares sold in the offering, or 296,240 common shares. The purchase of shares by the ESOP was funded by a loan from the Company. All material intercompany accounts and transactions have been eliminated in consolidation. In accordance with the Office of the Comptroller of the Currency (the “OCC”) regulations, upon the completion of the conversion, the Bank restricted retained earnings by establishing a liquidation account. The liquidation account will be maintained for the benefit of eligible account holders who continue to maintain their accounts at the Bank after conversion. The liquidation account will be reduced annually to the extent that eligible account holders have reduced their qualifying deposits. Subsequent increases will not restore an eligible account holder’s interest in the liquidation account. In the event of a complete liquidation of the Bank, and only in such event, each account holder will be entitled to receive a distribution from the liquidation account in an amount proportionate to the adjusted qualifying account balances then held. The Bank may not pay dividends if those dividends would reduce equity capital below the required liquidation account amount. Summary of Significant Accounting Policies The accounting and reporting policies of Hamilton Bancorp, Inc. and Subsidiary (“Hamilton”) conform to accounting principles generally accepted in the United States of America (“U.S. GAAP”) and to general practices in the banking industry. The more significant policies follow: Principles of Consolidation Reclassifications. Nature of Operations. Use of Estimates. Cash and Cash Equivalents. Investment Securities. Investment securities designated as available for sale are stated at estimated fair value based on quoted market prices. They represent those securities which management may sell as part of its asset/liability strategy or that may be sold in response to changing interest rates or liquidity needs. Changes in unrealized gains and losses, net of related deferred taxes, for available for sale securities are recorded in other comprehensive income. Realized gains (losses) on available for sale securities are included in noninterest revenue and, when applicable, are reported as a reclassification adjustment in other comprehensive income. Realized gains and losses on the sale of available for sale securities are recorded on the trade date and are determined by the specific identification method. The amortization of premiums and the accretion of discounts are recognized in interest revenue using methods approximating the interest method over the term of the security. In estimating other-than-temporary impairment losses, management considers the length of time and the extent to which the fair value has been less than cost, the financial condition and near-term prospects of the issuer, and the intent and ability of the Bank to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value. Federal Home Loan Bank Stock. Loans Held For Sale. Loans Receivable. Loans are reported at their outstanding unpaid principal balance adjusted for the allowance for loan losses, premiums on loans acquired, and/or any deferred fees or costs on originated loans. Interest revenue is accrued on the unpaid principal balance. Loan origination fees and the direct costs of underwriting and closing loans are recognized over the life of the related loan as an adjustment to yield using a method that approximates the interest method. Any differences that arise from prepayment will result in a recalculation of the effective yield. Loans are generally placed on nonaccrual status when they are 90 days past due. Past due status is based on contractual terms of the loan. In all cases, loans are placed on nonaccrual status at an earlier date if the collection of principal or interest is considered doubtful. All interest accrued but not collected for loans that are placed on nonaccrual status are reversed against interest revenue. The interest on nonaccrual loans is accounted for on the cash basis method, until the loans qualify for return to accrual status. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and, in management’s judgment, future payments are reasonably assured. Loans are considered impaired when, based on current information, management considers it unlikely that collection of principal and interest payments will be made according to contractual terms. If collection of principal is evaluated as doubtful, all payments are applied to principal. Impaired loans are measured at the present value of expected cash flows discounted at the loan’s effective interest rate or at the fair value of the collateral if the loan is collateral dependent. If the measure of the impaired loan is less than the recorded investment in the loan, an impairment is recognized through an allocation of the allowance for loan losses and corresponding provision for loan losses. Generally, identified impairments are charged-off against the allowance for loan losses. Troubled debt restructurings are loans for which Hamilton, for legal or economic reasons related to a debtor’s financial difficulties, has granted a concession to the debtor that it otherwise would not have considered. Allowance for Loan Losses. The allowance for loan losses is increased by provisions charged to income and reduced by charge-offs, net of recoveries. Management’s periodic evaluation of the adequacy of the allowance is based on the Bank’s past loan loss experience, known and inherent risks in the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and current economic conditions. Management considers a number of factors in estimating the required level of the allowance. These factors include: historical loss experience in the loan portfolios; the levels and trends in past-due and nonaccrual loans; the status of nonaccrual loans and other loans identified as having the potential for further deterioration; credit risk and industry concentrations; trends in loan volume; the effects of any changes in lending policies and procedures or underwriting standards; and a continuing evaluation of the economic environment. Management has modified the analysis in fiscal 2015 to specifically reflect recent changes in the loan portfolio, the commercial lending staff, and our internal credit administration procedures. Bank-Owned Life Insurance (BOLI). Premises and Equipment. Foreclosed Real Estate. Goodwill and Other Intangible Assets. Off-Balance-Sheet Credit-Related Financial Instruments. Accumulated Other Comprehensive Income. Income Taxes. Earnings Per Common Share. Stock Based Compensation. Subsequent Events. On April 15, 2015, Hamilton Bancorp, Inc. (“Hamilton Bancorp”) entered into an Agreement and Plan of Merger (the “Merger Agreement”) by and among Hamilton Bancorp, Hamilton Acquisition Corp. (a wholly owned subsidiary of Hamilton Bancorp) and Fairmount Bancorp, Inc. (“Fairmount Bancorp”), pursuant to which, among other things, Fairmount Bancorp will merge with and into Hamilton Bancorp, with Hamilton Bancorp as the surviving entity, and immediately thereafter, Fairmount Bank will be merged with and into Hamilton Bank with Hamilton Bank as the surviving bank (collectively, the “Merger”). Under the terms of the Merger Agreement, stockholders of Fairmount Bancorp will receive a cash payment equal to thirty dollars ($30.00) for each share of Fairmount Bancorp common stock, or an aggregate of approximately $15.4 million. The transaction has been approved by the Board of Directors of each company and is expected to close in the quarter ending September 30, 2015. Completion of the Merger is subject to customary closing conditions, including the receipt of required regulatory approvals and the approval of Fairmount Bancorp’s stockholders. There were no other significant subsequent events identified that would affect the presentation of the financial statements.

New Accounting Pronouncements

New Accounting Pronouncements	12 Months Ended
	Mar. 31, 2015
New Accounting Pronouncements	Note 2: New Accounting Pronouncements Recent Accounting Pronouncements ASU No. 2014-04 Receivables – Troubled Debt Restructurings by Creditors (Subtopic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure (a consensus of the FASB Emerging Issues Task Force). ASU 2014-09, Revenue from Contracts with Customers (Topic 606). ASU 2014-11, “Transfers and Servicing (Topic 860).” ASU No. 2014-12, Compensation Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period (a consensus of the FASB Emerging Issues Task Force

Earnings per Share

Earnings per Share	12 Months Ended
	Mar. 31, 2015
Earnings per Share	Note 3: Earnings per Share Basic earnings per share is computed by dividing net income available to common shareholders by the weighted average number of common shares outstanding for the period. The weighted average shares excludes unallocated ESOP shares. Diluted earnings per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the entity. Both the basic and diluted earnings per share for the years ended March 31, 2015 and 2014 are summarized below: Year Ended Year Ended March 31, 2015 March 31, 2014 Net loss $ (314,309 ) $ (1,195,384 ) Average common shares outstanding 3,180,865 3,369,863 Loss per common share - basic and diluted $ (0.10 ) $ (0.35 ) During the years ended March 31, 2015 and 2014, none of the common stock equivalents were dilutive due to the average fair value of our common stock being lower than the exercise price of outstanding stock options during both periods.

Correspondent Bank Relationship

Correspondent Bank Relationships	12 Months Ended
	Mar. 31, 2015
Correspondent Bank Relationships	Note 4: Correspondent Bank Relationships The Bank normally carries balances with other banks that exceed the federally insured limit. The average balance carried in excess of the limit, including unsecured federal funds sold to the same banks, was $17,206,112 and $18,140,476 for the years ended March 31, 2015 and 2014, respectively. Banks are required to carry non-interest bearing cash reserves at specified percentages of deposit balances. The Bank’s normal amount of cash on hand and on deposit with other banks is sufficient to satisfy the reserve requirements.

Investment Securities Available

Investment Securities Available for Sale	12 Months Ended
	Mar. 31, 2015
Investment Securities Available for Sale	Note 5: Investment Securities Available for Sale The amortized cost and fair value of securities at March 31, 2015 and 2014, are summarized as follows: March 31, 2015 Amortized Gross Gross Fair U.S. government agencies $ 17,509,211 $ 3,363 $ 200,627 $ 17,311,947 Municipal bonds 2,149,114 168,016 — 2,317,130 Corporate bonds 2,000,000 — 46,736 1,953,264 Mortgage-backed securities 71,779,015 387,015 808,620 71,357,410 $ 93,437,340 $ 558,394 $ 1,055,983 $ 92,939,751 March 31, 2014 Amortized Gross Gross Fair U.S. government agencies $ 24,539,483 $ 20,505 $ 1,146,883 $ 23,413,105 Municipal bonds 3,241,992 95,568 — 3,337,560 Mortgage-backed securities 78,368,150 367,505 1,960,066 76,775,589 106,149,625 483,578 3,106,949 103,526,254 FHLMC stock 6,681 20,339 — 27,020 $ 106,156,306 $ 503,917 $ 3,106,949 $ 103,553,274 Proceeds from sales of investment securities were $11,776,244 and $13,224,898 during the years ended March 31, 2015 and 2014, respectively, with gains of $282,128 and losses of $10,577 for the year ended March 31, 2015 and gains of $304,960 and losses of $133,070 for the year ended March 31, 2014. As of March 31, 2015 and 2014, all mortgage-backed securities are backed by U.S. Government- Sponsored Enterprises (GSE’s). As of March 31, 2015 and 2014, the Company had pledged one security to the Federal Reserve Bank with a book value of $2,000,000 for both periods and a fair value of $1,970,080 and $1,845,068, respectively. The amortized cost and estimated fair value of debt securities by contractual maturity at March 31, 2015 and 2014 follow. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations. Available for Sale March 31, 2015 March 31, 2014 Amortized Fair Amortized Fair Maturing Within one year $ 509,211 $ 512,574 $ 1,017,006 $ 1,032,051 Over one to five years — — 4,522,476 4,527,248 Over five to ten years 19,000,000 18,752,637 17,000,000 15,904,931 Over ten years 2,149,114 2,317,130 5,241,993 5,286,435 Mortgage-backed, in monthly installments 71,779,015 71,357,410 78,368,150 76,775,589 $ 93,437,340 $ 92,939,751 $ 106,149,625 $ 103,526,254 The following table presents the Company’s investments’ gross unrealized losses and the corresponding fair values by investment category and length of time that the securities have been in a continuous unrealized loss position at March 31, 2015 and 2014. Less than 12 months 12 months or longer Total March 31, 2015 Gross unrealized Fair Gross unrealized Fair Gross unrealized Fair U.S. government agencies $ 11,208 $ 3,988,792 $ 189,419 $ 12,810,581 $ 200,627 $ 16,799,373 Municipal bonds — — — — — — Corporate bonds 46,736 1,953,264 — — 46,736 1,953,264 Mortgage-backed securities 187,176 9,687,070 621,444 33,241,821 808,620 42,928,891 $ 245,120 $ 15,629,126 $ 810,863 $ 46,052,402 $ 1,055,983 $ 61,681,528 Less than 12 months 12 months or longer Total March 31, 2014 Gross unrealized Fair Gross unrealized Fair Gross unrealized Fair U.S. government agencies $ 995,320 $ 17,004,680 $ 151,563 $ 2,848,437 $ 1,146,883 $ 19,853,117 Municipal bonds — — — — — — Mortgage-backed securities 1,712,098 48,609,006 247,968 7,216,678 1,960,066 55,825,684 $ 2,707,418 $ 65,613,686 $ 399,531 $ 10,065,115 $ 3,106,949 $ 75,678,801 The gross unrealized losses on debt securities are not considered by management to be other-than-temporary impairments. Management has the intent and ability to hold these securities until recovery of their value. In most cases, temporary impairment is caused by market interest rate fluctuations.

Loans Receivable and Allowance

Loans Receivable and Allowance for Loan Losses	12 Months Ended
	Mar. 31, 2015
Loans Receivable and Allowance for Loan Losses	Note 6: Loans Receivable and Allowance for Loan Losses Loans receivable, excluding loans held for sale, consist of the following at March 31, 2015 and 2014: March 31, 2015 March 31, 2014 Amount % of Total Amount % of Total Real estate loans: One-to four-family: Residential $ 49,864,923 31 % $ 57,673,450 40 % Residential construction 3,955,702 2 % 473,271 0 % Investor (1) 12,971,519 8 % 14,000,119 10 % Commercial 59,273,398 37 % 41,406,424 28 % Commercial construction 2,405,849 1 % 2,794,793 2 % 128,471,391 79 % 116,348,057 80 % Commercial 18,489,603 12 % 15,656,599 11 % Home equity loans 12,261,292 8 % 11,660,531 8 % Consumer 1,166,155 1 % 1,154,007 1 % Total Loans 160,388,441 100 % 144,819,194 100 % Net deferred loan origination fees and costs (103,247 ) (119,630 ) Allowance for loan losses (1,690,236 ) (1,785,973 ) $ 158,594,958 $ 142,913,591 (1) “Investor” loans are residential mortgage loans secured by non-owner occupied one- to four-family properties Residential lending is generally considered to involve less risk than other forms of lending, although payment experience on these loans is dependent on economic and market conditions in the Bank’s lending area. Construction loan repayments are generally dependent on the related properties or the financial condition of its borrower or guarantor. Accordingly, repayment of such loans can be more susceptible to adverse conditions in the real estate market and the regional economy. A substantial portion of the Bank’s loan portfolio is real estate loans secured by residential and commercial real estate properties located in the Baltimore metropolitan area. Loans are extended only after evaluation of a customer’s creditworthiness and other relevant factors on a case-by-case basis. The Bank generally does not lend more than 90% of the appraised value of a property and requires private mortgage insurance on residential mortgages with loan-to-value ratios in excess of 80%. In addition, the Bank generally obtains personal guarantees of repayment from borrowers and/or others for construction loans and disburses the proceeds of those and similar loans only as work progresses on the related projects. The following tables set forth for the years ended March 31, 2015 and 2014, the balance of the allowance for loan losses by portfolio segment, disaggregated by impairment methodology, which is further segregated by amounts evaluated for impairment collectively and individually. The allowance for loan losses allocated to each portfolio segment is not necessarily indicative of future losses in any particular portfolio segment and does not restrict the use of the allowance to absorb losses in other portfolio segments. Allowance Loan Balance Individually Collectively Individually Collectively evaluated evaluated evaluated evaluated Allowance Provision for Charge Allowance for for for for March 31, 2015 3/31/2014 loan losses offs Recoveries 3/31/2015 impairment impairment impairment impairment Real estate loans: One-to four-family $ 528,362 $ 38,738 $ 138,821 $ 5,291 $ 433,570 $ 97,632 $ 335,938 $ 2,092,580 $ 64,699,564 Commercial 575,881 9,936 — — 585,817 — 585,817 3,358,447 55,914,951 Commercial construction 60,361 7,474 — — 67,835 — 67,835 1,374,530 1,031,319 Commercial 590,975 (82,390 ) 83,879 48,421 473,127 730 472,397 2,010,424 16,479,179 Home equity loans 27,181 169,990 100,693 2,505 98,983 — 98,983 15,229 12,246,063 Consumer 3,213 (3,925 ) — 1,439 727 — 727 — 1,166,155 Unallocated — 30,177 — — 30,177 — 30,177 — — $ 1,785,973 $ 170,000 $ 323,393 $ 57,656 $ 1,690,236 $ 98,362 $ 1,591,874 $ 8,851,210 $ 151,537,231 Allowance Loan Balance Individually Collectively Individually Collectively Provision for evaluated evaluated evaluated evaluated Allowance Charge Allowance for for for for March 31, 2014 3/31/2013 loan losses offs Recoveries 3/31/2014 impairment impairment impairment impairment Real estate loans: One-to four-family $ 372,390 $ 337,416 $ 205,809 $ 24,365 $ 528,362 $ 168,487 $ 359,875 $ 1,913,630 $ 70,233,210 Commercial 613,047 (84,100 ) — 46,934 575,881 — 575,881 3,363,584 38,042,840 Commercial construction 417,311 643,050 1,000,000 — 60,361 — 60,361 1,552,293 1,242,500 Commercial 635,840 968,537 1,058,733 45,331 590,975 259 590,716 3,953,618 11,702,981 Home equity loans 31,484 7,082 11,385 — 27,181 — 27,181 204,209 11,456,322 Consumer 1,152 1,572 — 489 3,213 — 3,213 — 1,154,007 $ 2,071,224 $ 1,873,557 $ 2,275,927 $ 117,119 $ 1,785,973 $ 168,746 $ 1,617,227 $ 10,987,334 $ 133,831,860 Past due loans, segregated by age and class of loans, as March 31, 2015 and 2014, were as follows: Loans Accruing Nonaccrual Loans Loans 90 or more loans 90 or interest 30-59 days 60-89 days days Total past Current more days Nonaccrual not March 31, 2015 past due past due past due due loans loans Total loans past due loans accrued Real estate loans: One-to four-family $ 299,259 $ 158,898 $ 487,617 $ 945,774 $ 65,846,370 $ 66,792,144 $ — $ 639,191 $ 28,338 Commercial — — — — 59,273,398 59,273,398 — — — Commercial construction — — 1,374,530 1,374,530 1,031,319 2,405,849 — 1,374,530 11,975 Commercial — 733,809 225,573 959,382 17,530,221 18,489,603 — 225,573 82,789 Home equity loans — — 6,000 6,000 12,255,292 12,261,292 — 15,229 980 Consumer 187 492 — 679 1,165,476 1,166,155 — — — $ 299,446 $ 893,199 $ 2,093,720 $ 3,286,365 $ 157,102,076 $ 160,388,441 $ — $ 2,254,523 $ 124,082 Loans Accruing Nonaccrual Loans Loans 90 or more loans 90 or interest 30-59 days 60-89 days days Total past Current more days Nonaccrual not March 31, 2014 past due past due past due due loans loans Total loans past due loans accrued Real estate loans: One-to four-family $ 253,465 $ — $ 442,355 $ 695,820 $ 71,451,020 $ 72,146,840 $ — $ 442,355 $ 29,409 Commercial — — 301,295 301,295 41,105,129 41,406,424 301,295 — — Commercial construction — 1,242,500 — 1,242,500 1,552,293 2,794,793 — 1,552,293 — Commercial 439,603 2,172,968 1,801,746 4,414,317 11,242,282 15,656,599 500,000 2,040,864 71,850 Home equity loans — — 204,209 204,209 11,456,322 11,660,531 — 204,209 9,697 Consumer 7,629 — — 7,629 1,146,378 1,154,007 — — — $ 700,697 $ 3,415,468 $ 2,749,605 $ 6,865,770 $ 137,953,424 $ 144,819,194 $ 801,295 $ 4,239,721 $ 110,956 Impaired Loans as of March 31, 2015 and 2014 were as follows: Unpaid Recorded Recorded contractual investment investment Total Average principal with no with recorded Related recorded Interest March 31, 2015 balance allowance allowance investment allowance investment recognized Real estate loans: One-to four-family $ 2,221,429 $ 652,411 $ 1,440,169 $ 2,092,580 $ 97,632 $ 2,176,952 $ 72,593 Commercial 3,433,669 3,358,447 — 3,358,447 — 3,359,762 157,242 Commercial construction 2,549,027 1,374,530 — 1,374,530 — 1,775,778 — Commercial 2,730,393 1,961,074 49,350 2,010,424 730 2,810,816 96,056 Home equity loans 67,924 15,229 — 15,229 — 40,701 112 Consumer — — — — — — — $ 11,002,442 $ 7,361,691 $ 1,489,519 $ 8,851,210 $ 98,362 $ 10,164,009 $ 326,003 Unpaid Recorded Recorded contractual investment investment Total Average principal with no with recorded Related recorded Interest March 31, 2014 balance allowance allowance investment allowance investment recognized Real estate loans: One-to four-family $ 2,103,937 $ 442,355 $ 1,471,275 $ 1,913,630 $ 168,487 $ 2,015,371 $ 85,927 Commercial 5,212,253 3,363,584 — 3,363,584 — 3,381,166 278,249 Commercial construction 2,552,293 1,552,293 — 1,552,293 — 2,546,048 174,501 Commercial 5,405,706 3,886,889 66,729 3,953,618 259 4,664,305 319,389 Home equity loans 215,594 204,209 — 204,209 — 153,943 8,315 Consumer — — — — — — — $ 15,489,783 $ 9,449,330 $ 1,538,004 $ 10,987,334 $ 168,746 $ 12,760,833 $ 866,381 Credit quality indicators As part of the ongoing monitoring of the credit quality of the Bank’s loan portfolio, management tracks certain credit quality indicators including trends related to the risk grade of loans, the level of classified loans, net charge offs, nonperforming loans, and the general economic conditions in the Bank’s market. The Bank utilizes a risk grading matrix to assign a risk grade to each of its loans. A description of the general characteristics of loans characterized as watch list or classified is as follows: Pass A pass loan is considered of sufficient quality to preclude a special mention or an adverse rating. Pass assets generally are well protected by the current net worth and paying capacity of the obligor or by the value of the asset or underlying collateral. Special Mention A special mention loan has potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the loan or in the Bank’s credit position at some future date. Special mention loans are not adversely classified and do not expose the Bank to sufficient risk to warrant adverse classification. Loans that would primarily fall into this notational category could have been previously classified adversely, but the deficiencies have since been corrected. Management should closely monitor recent payment history of the loan and value of the collateral. Borrowers may exhibit poor liquidity and leverage positions resulting from generally negative cash flow or negative trends in earnings. Access to alternative financing may be limited to finance companies for business borrowers and may be unavailable for commercial real estate borrowers. Substandard A substandard loan is inadequately protected by the current sound worth and paying capacity of the obligor or of the collateral pledged, if any. Substandard loans have a well defined weakness, or weaknesses, that jeopardize the collection or liquidation of the debt. They are characterized by the distinct possibility that the Bank will sustain some loss if the deficiencies are not corrected. This will be the measurement for determining if a loan is impaired. Borrowers may exhibit recent or unexpected unprofitable operations, an inadequate debt service coverage ratio, or marginal liquidity and capitalization. These loans require more intense supervision by Bank management. Doubtful A doubtful loan has all the weaknesses inherent as a substandard loan with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. A loan classified as doubtful exhibits loss potential. However, there is still sufficient reason to permit the loan to remain on the books. A doubtful classification could reflect the deterioration of the primary source of repayment and serious doubt exists as to the quality of the secondary source of repayment. Doubtful classifications should be used only when a distinct and known possibility of loss exists. When identified, adequate loss should be recorded for the specific assets. The entire asset should not be classified as doubtful if a partial recovery is expected, such as liquidation of the collateral or the probability of a private mortgage insurance payment is likely. Loss Loans classified as loss are considered uncollectable and of such little value that their continuance as loans is unjustified. A loss classification does not mean a loan has absolutely no value; partial recoveries may be received in the future. When loans or portions of a loan are considered a loss, it will be the policy of the Bank to write-off the amount designated as a loss. Recoveries will be treated as additions to the allowance for loan losses. The following tables present the March 31, 2015 and 2014 balances of classified loans based on the risk grade. Classified loans include Special Mention, Substandard, and Doubtful loans. The Bank had no loans classified as Doubtful or Loss as of March 31, 2015 or 2014. March 31, 2015 Pass Special Substandard Total Real estate loans: One-to four-family $ 64,467,025 $ 1,678,604 $ 646,515 $ 66,792,144 Commercial 52,979,048 2,935,904 3,358,446 59,273,398 Commercial construction 1,031,319 — 1,374,530 2,405,849 Commercial 13,966,656 3,126,880 1,396,067 18,489,603 Home equity loans 12,255,292 — 6,000 12,261,292 Consumer 1,165,476 679 — 1,166,155 $ 145,864,816 $ 7,742,067 $ 6,781,558 $ 160,388,441 Percentage of total loans 91.0 % 4.8 % 4.2 % 100 % March 31, 2014 Pass Special Substandard Total Real estate loans: One-to four-family $ 69,979,745 $ 1,724,740 $ 442,355 $ 72,146,840 Commercial 35,187,711 2,855,129 3,363,584 41,406,424 Commercial construction 1,242,500 — 1,552,293 2,794,793 Commercial 8,462,441 3,240,542 3,953,616 15,656,599 Home equity loans 11,456,322 — 204,209 11,660,531 Consumer 1,154,007 — — 1,154,007 $ 127,482,726 $ 7,820,411 $ 9,516,057 $ 144,819,194 Percentage of total loans 88.0 % 5.4 % 6.6 % 100 % Impaired loans also include certain loans that have been modified in troubled debt restructurings (TDRs) where economic concessions have been granted to borrowers who have experienced or are expected to experience financial difficulties. These concessions typically result from the Bank’s loss mitigation activities and could include reductions in the interest rate, payment extensions, forgiveness of principal, forbearance or other actions. Generally, nonaccrual loans that are modified and considered TDRs are classified as nonperforming at the time of restructure and may only be returned to performing status after considering the borrower’s sustained repayment performance for a reasonable period, generally six months. A summary of TDRs at March 31, 2015 and 2014 follows: Number of March 31, 2015 contracts Performing Nonperforming Total Real estate loans: One-to four-family 5 $ 1,366,132 $ 74,085 $ 1,440,217 Commercial 2 3,358,446 — 3,358,446 Commercial construction — — — — Commercial 3 614,358 59,883 674,241 Home equity loans — — — — Consumer — — — — 10 $ 5,338,936 $ 133,968 $ 5,472,904 Number of March 31, 2014 contracts Performing Nonperforming Total Real estate loans: One-to four-family 5 $ 1,471,275 $ 6,259 $ 1,477,534 Commercial — — — — Commercial construction — — — — Commercial 3 66,729 870,489 937,218 Home equity loans — — — — Consumer — — — — 8 $ 1,538,004 $ 876,748 $ 2,414,752 The following table presents the number of contracts and the dollar amount of TDR’s that were added during the year ended March 31, 2015 and 2014. The amount shown reflects the outstanding loan balance at the time of the modification. Year Ended March 31, 2015 Year Ended March 31, 2014 Number of Outstanding recorded Number of Outstanding recorded contracts investment contracts investment Real estate loans: One-to four-family — $ — 1 $ 72,104 Commercial 2 3,358,446 — — Commercial construction — — — — Commercial — — — — Home equity loans — — — — Consumer — — — — 2 $ 3,358,446 1 $ 72,104 The following table represents TDR loans that defaulted during the years ended March 31, 2015 and 2014, respectively, within twelve months of their restructuring. Payment default under a TDR is defined as any TDR that is 90 days or more past due since the loan was modified. Defaulted During The Year Ended March 31, 2015 2014 TDR Loan Classification Number of Recorded Number of Recorded Commercial — $ — 1 $ 196,667 The recorded investment of the commercial TDR loan as of March 31, 2014 reflects a partial charge-off of $47,060 during the quarter ended March 31, 2013 and a subsequent payment of $122,500 from the auction of repossessed equipment. There is additional collateral that the Bank has yet to collect upon. Management does not expect to incur any additional losses on this particular loan. As of March 31, 2015, the loan has a recorded investment balance of $10,533. In the normal course of business, the Bank has various outstanding commitments and contingent liabilities that are not reflected in the accompanying financial statements. Loan commitments and lines of credit are agreements to lend to a customer as long as there is no violation of any condition to the contract. Mortgage loan commitments generally have fixed interest rates, fixed expiration dates, and may require payment of a fee. Other loan commitments generally have fixed interest rates. Lines of credit generally have variable interest rates. Such lines do not represent future cash requirements because it is unlikely that all customers will draw upon their lines in full at any time. The Bank’s maximum exposure to credit loss in the event of nonperformance by the customer is the contractual amount of the credit commitment. Loan commitments, lines of credit, and letters of credit are made on the same terms, including collateral, as outstanding loans. Management is not aware of any accounting loss to be incurred by funding these loan commitments. The Bank had the following outstanding commitments and unused lines of credit as of March 31, 2015 and 2014: March 31, March 31, 2015 2014 Unused commercial lines of credit $ 8,074,686 $ 2,614,410 Unused home equity lines of credit 15,885,344 17,414,411 Unused consumer lines of credit 31,876 59,029 Residential construction loan commitments 5,325,095 976,829 Commercial construction loan commitments 1,129,681 47,021 Home equity loan commitments 337,000 142,200 Commercial loan commitments 269,000 2,589,249 Standby letter of credit 50,000 50,000

Related Party Transactions

Related Party Transactions	12 Months Ended
	Mar. 31, 2015
Related Party Transactions	Note 7: Related Party Transactions The officers and directors of the Bank enter into loan transactions with the Bank in the ordinary course of business. The terms of these transactions are similar to the terms provided to other borrowers entering into similar loan transactions. All related party loans are subject to review by management and the board of directors. Activity in these loans during the years ended March 31, 2015 and 2014 was as follows: 2015 2014 Balance - Beginning of year $ 672,414 $ 721,558 New loans and lines of credit advances 78,400 6,400 Principal repayments (58,581 ) (55,544 ) Balance - End of year $ 692,233 $ 672,414 As of March 31, 2015 and 2014, respectively, related parties had $67,312 and $6,150 of credit available, under lines of credit. Deposits from officers and directors of the Bank totaled $1,697,936 and $1,850,454 at March 31, 2015 and 2014, respectively.

Premises and Equipment

Premises and Equipment	12 Months Ended
	Mar. 31, 2015
Premises and Equipment	Note: 8 Premises and Equipment A summary of premises and equipment and the related depreciation and amortization as of March 31, is as follows: Estimated Useful Life 2015 2014 Land $ 290,219 $ 290,219 Office buildings and improvements 3 - 39 years 2,869,429 2,825,293 Furniture and equipment 3 - 7 years 1,735,871 1,653,963 Automobiles 5 years 41,015 84,352 4,936,534 4,853,827 Accumulated depreciation and amortization (2,964,186 ) (2,752,240 ) Net premises and equipment $ 1,972,348 $ 2,101,587 Depreciation and amortization expense $ 252,723 $ 310,935 The Bank closed its Belmar branch in Baltimore City on August 2, 2013. Management closed the Belmar branch due to its close proximity to one of the Bank’s other four branch locations. The building and land were sold in December 2013 for $224,052 and the Bank recognized a gain of $82,518 on the sale. The Bank has an operating lease for one of its existing branch locations in Baltimore County that has been extended through May 1, 2020. In addition, the Bank signed a sublease dated April 28, 2011, for its administrative office space located in Baltimore County that ends November 1, 2016. Each of the lease agreements have options to renew at the end of the lease term. Rental expense under the two leases for the years ended March 31, 2015 and 2014 was $390,912 and $387,535, respectively. The minimum future rental commitment under both agreements is as follows: Year ending March 31, Payments 2016 $ 441,681 2017 341,669 2018 137,865 2019 142,001 2020 146,261 $ 1,209,477

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	12 Months Ended
	Mar. 31, 2015
Goodwill and Other Intangible Assets	Note 9: Goodwill and Other Intangible Assets On December 4, 2009, the Bank acquired a branch office in Pasadena, Maryland from K Bank. The Bank recorded goodwill totaling $2,664,432 and identifiable intangibles (core deposit intangible) totaling $434,000. The goodwill is deductible for tax purposes. We evaluate goodwill and other intangible assets for impairment on an annual basis. The core deposit intangible asset is being amortized over 10 years. The activity in goodwill and acquired intangible assets related to the branch purchase is as follows: Core deposit Goodwill intangible Balance March 31, 2013 $ 2,664,432 $ 212,333 Amortization — (41,000 ) Balance March 31, 2014 2,664,432 171,333 Amortization — (33,000 ) Balance March 31, 2015 $ 2,664,432 $ 138,333 At March 31, 2015, future expected annual amortization associated with the core deposit intangible is as follows: Year ending March 31, Amount 2016 $ 28,667 2017 28,000 2018 28,000 2019 28,000 2020 25,666 $ 138,333

Deposits

Deposits	12 Months Ended
	Mar. 31, 2015
Deposits	Note 10: Deposits The following table details the composition of deposits and the related percentage mix of total deposits, respectively: March 31, 2015 March 31, 2014 Amount % of Total Amount % of Total Savings $ 16,933,011 8 % $ 15,951,875 7 % Noninterest-bearing checking 16,652,771 7 % 15,327,161 6 % Interest-bearing checking 11,003,370 5 % 9,067,604 4 % Money market accounts 28,033,238 13 % 28,382,326 12 % Time deposits 149,696,502 67 % 170,091,205 71 % Total deposits $ 222,318,892 100 % $ 238,820,171 100 % The aggregate amount of time deposits in denominations of $100,000 or more were $60,613,903 and $68,356,091 at March 31, 2015 and 2014, respectively. A schedule of maturity of time deposits is as follows: Maturity period 2015 2014 Within one year $ 86,141,923 $ 102,001,002 Over one year through two years 32,497,524 37,294,279 Over two years through three years 13,139,593 15,716,214 Over three years through four years 8,396,156 6,762,094 Over four years through five years 9,521,306 8,317,616 $ 149,696,502 $ 170,091,205

Lines of Credit and Federal Hom

Lines of Credit and Federal Home Loan Bank Advances	12 Months Ended
	Mar. 31, 2015
Lines of Credit and Federal Home Loan Bank Advances	Note 11: Lines of Credit and Federal Home Loan Bank Advances The Bank may borrow up to $5,000,000 from a correspondent bank under a secured federal funds line of credit and $1,000,000 under an unsecured federal funds line of credit. The Bank would be required to pledge investment securities to draw upon the secured line of credit. There were no borrowings under these lines of credit at March 31, 2015 and 2014. Borrowings consist of advances from the Federal Home Loan Bank (FHLB). The Bank may borrow up to 20 percent of its assets under a line of credit agreement with the FHLB. Advances under the line of credit are secured by investments and certain loans owned by the Bank. As of March 31, 2015 and March 31, 2014, the Bank had $50,140,000 and $58,100,000, respectively, of available credit from the FHLB. Advances would be limited by the balance of investment securities and loans available for pledge. As a condition of obtaining the line of credit from the FHLB, the FHLB also requires the Bank purchase shares of capital stock in the FHLB. Information relating to borrowings at March 31, 2015 is presented below. There were no borrowings at or during the year ended March 31, 2014. March 31, 2015 Amount Rate Maturity Date FHLB advance $ 2,000,000 0.21 % 6/3/2015 FHLB advance 2,000,000 0.28 % 9/3/2015 FHLB advance 2,000,000 0.43 % 3/3/2016 At period end $ 6,000,000

Income Taxes

Income Taxes	12 Months Ended
	Mar. 31, 2015
Income Taxes	Note 12: Income Taxes The provisions for income taxes for the years ended March 31, 2015 and 2014 consist of the following components: March 31, 2015 2014 Current: Federal $ 111,039 $ (590,715 ) State (16,776 ) (181,134 ) Deferred income tax (431,616 ) (219,940 ) Total $ (337,353 ) $ (991,789 ) A reconciliation of the provision for taxes on income from the statutory federal income tax rate to the effective income tax rates follows: March 31, 2015 2014 Tax at statutory federal income tax rate $ (221,565 ) $ (743,639 ) Tax effect of: Tax-exempt income (160,891 ) (141,850 ) State income taxes, net of federal benefit (2,419 ) (135,773 ) Nondeductible expenses and other 47,522 29,473 Income tax expense $ (337,353 ) $ (991,789 ) The following is a summary of the tax effects of the temporary differences between financial and income tax accounting that give rise to deferred tax assets and deferred tax liabilities as of March 31: 2015 2014 Deferred tax assets: Allowance for loan losses $ 679,643 $ 712,296 Nonaccrual interest 216,259 114,876 Deferred compensation 218,424 287,695 Foreclosed real estate write downs 221,010 133,834 Deferred loan costs 45,911 59,282 Charitable contribution carryforward 33,953 28,596 Net operating loss carryforward 529,318 333,022 Stock based payment awards 45,609 17,550 Unrealized loss on investment securities available for sale 196,274 1,026,766 AMT credit carryover 170,033 — Accumulated depreciation 43,078 — 2,399,512 2,713,917 Less valuation allowance (10,509 ) (2,418 ) 2,389,003 2,711,499 Deferred tax liabilities: Accumulated depreciation — 827 FHLB stock dividends 67,245 67,245 Goodwill and other intangible assets 317,926 249,464 Other 41,982 33,237 427,153 350,773 Net deferred tax asset $ 1,961,850 $ 2,360,726 In management’s opinion, it is more likely than not that the Company will be able to realize the recorded net deferred income tax asset. This is based on management’s analysis, which includes projections of future taxable income. As of March 31, 2015, the Company recorded a valuation allowance related to the holding company’s State of Maryland net operating loss carryforward. As of March 31, 2015, the Company has a federal net operating loss carryforward of $1,139,286, which will begin to expire during the year ending March 31, 2034. The Company’s tax returns are subject to review and examination by federal and state taxing authorities. The Company’s tax returns are currently open to audit under the applicable statutes of limitations by the Internal Revenue Service for the years ended March 31, 2012 through March 31, 2015. In management’s opinion, the Company does not have any uncertain tax positions that are deemed material, and did not recognize any adjustments for unrecognized tax benefits.

Regulatory Capital Ratios

Regulatory Capital Ratios	12 Months Ended
	Mar. 31, 2015
Regulatory Capital Ratios	Note 13: Regulatory Capital Ratios Banks and bank holding companies are subject to various regulatory capital requirements administered by state and federal banking agencies. Capital adequacy guidelines and, additionally for banks, prompt corrective action regulations, involve quantitative measures of assets, liabilities, and certain off-balance-sheet items calculated under regulatory accounting practices. Capital amounts and classifications are also subject to qualitative judgments by regulators about components, risk weighting and other factors. The Basel III Capital Rules became effective for Hamilton Bank on January 1, 2015 (subject to a phase-in period for certain provisions). Quantitative measures established by the Basel III Capital Rules to ensure capital adequacy require the maintenance of minimum amounts and ratios (set forth in the table below) of Common Equity Tier 1 capital, Tier 1 capital and Total capital (as defined in the regulations) to risk-weighted assets (as defined), and of Tier 1 capital to adjusted quarterly average assets (as defined). In connection with the adoption of the Basel III Capital Rules, we elected to opt-out of the requirement to include accumulated other comprehensive income in Common Equity Tier 1. Common Equity Tier 1 for Hamilton Bank is reduced by goodwill and other intangible assets, net of associated deferred tax liabilities and subject to transition provisions. Under the revised prompt corrective action requirements, as of January 1, 2015, insured depository institutions are required to meet the following in order to qualify as “well capitalized:” (1) a common equity Tier 1 risk-based capital ratio of 6.5%; (2) a Tier 1 risk-based capital ratio of 8%; (3) a total risk-based capital ratio of 10% and (4) a Tier 1 leverage ratio of 5%. Management believes that, as of March 31, 2015, The Bank would meet all capital adequacy requirements under the Basel III Capital Rules on a fully phased-in basis as if such requirements were currently in effect. The implementation of the capital conservation buffer will begin on January 1, 2016 at the 0.625% level and be phased in over a four-year period (increasing by that amount on each subsequent January 1, until it reaches 2.5% on January 1, 2019). The Basel III Capital Rules also provide for a “countercyclical capital buffer” that is applicable to only certain covered institutions and does not have any current applicability to Hamilton Bank. The aforementioned capital conservation buffer is designed to absorb losses during periods of economic stress. Banking institutions with a ratio of Common Equity Tier 1 capital to risk-weighted assets above the minimum but below the conservation buffer (or below the combined capital conservation buffer and countercyclical capital buffer, when the latter is applied) will face constraints on dividends, equity repurchases and compensation based on the amount of the shortfall. The following table presents actual and required capital ratios as of March 31, 2015 for Hamilton Bank under the Basel III Capital Rules. The minimum required capital amounts presented include the minimum required capital levels as of March 31, 2015 based on the phase-in provisions of the Basel III Capital Rules and the minimum required capital levels as of January 1, 2019 when the Basel III Capital Rules have been fully phased-in. Capital levels required to be considered well capitalized are based upon prompt corrective action regulations, as amended to reflect the changes under the Basel III Capital Rules. The table presents actual and required capital ratios as of March 31, 2014 under the rules in effect prior to the Basel III Capital Rules. Actual Minimum Capital Minimum Capital To be well Amount Ratio Amount Ratio Amount Ratio Amount Ratio March 31, 2015 (dollars in thousands) Common equity tier 1 capital (to risk-weighted assets) $ 44,187 24.37 % $ 8,160 4.50 % $ 12,694 7.00 % $ 11,787 6.50 % Total risk-based capital (to risk-weighted assets) 45,910 25.32 % 14,508 8.00 % 19,041 10.50 % 18,134 10.00 % Tier 1 capital (to risk-weighted assets) 44,187 24.37 % 10,881 6.00 % 15,414 8.50 % 14,508 8.00 % Tier 1 capital (to adjusted total assets) 44,187 15.82 % 11,168 4.00 % 11,168 4.00 % 13,960 5.00 % Actual Minimum capital To be well Amount Ratio Amount Ratio Amount Ratio March 31, 2014 (dollars in thousands) Total risk-based capital (to risk-weighted assets) $ 45,800 28.38 % $ 12,908 8.00 % $ 16,135 10.00 % Tier 1 capital (to risk-weighted assets) 44,014 27.28 % 6,454 4.00 % 9,681 6.00 % Tier 1 capital (to adjusted total assets) 44,014 15.10 % 11,660 4.00 % 14,575 5.00 % (1)– Under prompt corrective action provisions Tier 1 capital consists of total shareholders’ equity less goodwill and intangible assets. Total capital includes a limited amount of the allowance for loan losses and a portion of any unrealized gain on equity securities. In calculating risk-weighted assets, specified risk percentages are applied to each category of asset and off-balance-sheet items. Failure to meet the capital requirements could affect, among other things, the Bank’s ability to accept brokered deposits and may significantly affect the operations of the Bank. In its regulatory report filed as of March 31, 2015, the Bank exceeded all regulatory capital requirements and was considered “well capitalized” under regulatory guidelines. Management is not aware of any events that would have caused this classification to change. Management has no plans that should change the classification of the capital adequacy.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Mar. 31, 2015
Fair Value Measurements	Note 14: Fair Value Measurements Generally accepted accounting principles define fair value, establish a framework for measuring fair value, and establish a hierarchy for determining fair value measurement. The hierarchy includes three levels and is based upon the valuation techniques used to measure assets and liabilities. The three levels are as follows: Level 1 Level 2 Level 3 The following is a description of the valuation methods used for instruments measured at fair value as well as the general classification of such instruments pursuant to the applicable valuation method. Fair value measurements on a recurring basis Securities available for sale – If quoted prices are available in an active market for identical assets, securities are classified within Level 1 of the hierarchy. If quoted market prices are not available, then fair values are estimated using pricing models, quoted prices of securities with similar characteristics or discounted cash flows. As of March 31, 2015 and 2014, the Bank has categorized its investment securities available for sale as follows: March 31, 2015 Level 1 Level 2 Level 3 Total U.S. government agencies $ — $ 17,311,947 $ — $ 17,311,947 Municipal bonds — 2,317,130 — 2,317,130 Corporate bonds — 1,953,264 — 1,953,264 Mortgage-backed securities — 71,357,410 — 71,357,410 Total investment securities available for sale $ — $ 92,939,751 $ — $ 92,939,751 March 31, 2014 Level 1 Level 2 Level 3 Total U.S. government agencies $ — $ 23,413,105 $ — $ 23,413,105 Municipal bonds — 3,337,560 — 3,337,560 Mortgage-backed securities — 76,775,589 — 76,775,589 FHLMC stock 27,020 — — 27,020 Total investment securities available for sale $ 27,020 $ 103,526,254 $ — $ 103,553,274 Fair value measurements on a nonrecurring basis Impaired Loans - The Bank has measured impairment generally based on the fair value of the loan’s collateral. Fair value is generally determined based upon independent appraisals of the properties, or discounted cash flows based upon the expected proceeds. These assets are included as Level 3 fair values. As of March 31, 2015 and 2014, the fair values consist of recorded investment balances of $8,851,210 and $10,987,334 that have been written down by $98,362 and $168,746, respectively, as a result of specific loan loss allowances. Foreclosed real estate – The Bank’s foreclosed real estate is measured at fair value less estimated cost to sell. As of March 31, 2015 and 2014, the fair value of foreclosed real estate was estimated to be $455,575 and $664,020, respectively. Fair value was determined based on offers and/or appraisals. Cost to sell the assets was based on standard market factors. The Company has categorized its foreclosed assets as Level 3. March 31, 2015 Level 1 Level 2 Level 3 Total Impaired loans $ — $ — $ 8,752,848 $ 8,752,848 Foreclosed real estate — — 455,575 455,575 Total impaired loans and foreclosed real estate $ — $ — $ 9,208,423 $ 9,208,423 March 31, 2014 Level 1 Level 2 Level 3 Total Impaired loans $ — $ — $ 10,818,588 $ 10,818,588 Foreclosed real estate — — 664,020 664,020 Total impaired loans and foreclosed real estate $ — $ — $ 11,482,608 $ 11,482,608 The following table summarizes changes in foreclosed real estate for the years ended March 31, 2015 and 2014, which is measured on a nonrecurring basis using significant unobservable, level 3, inputs: Year Ended March 31, 2015 2014 Balance, beginning of year $ 664,020 $ 755,659 Transfer to foreclosed real estate 12,560 1,003,314 Proceeds from sale of foreclosed real estate — (601,250 ) Loss on sale of foreclosed real estate — (154,409 ) Write down of foreclosed real estate (221,005 ) (339,294 ) Balance, end of year $ 455,575 $ 664,020 The remaining financial assets and liabilities are not reported on the balance sheets at fair value on a recurring basis. The calculation of estimated fair values is based on market conditions at a specific point in time and may not reflect current or future fair values. March 31, 2015 March 31, 2014 Carrying amount Fair value Carrying amount Fair value Financial assets Level 1 inputs: Cash and cash equivalents $ 16,643,888 $ 16,643,888 $ 33,073,310 $ 33,073,310 Level 2 inputs: Loans held for sale 581,139 591,670 — — Federal Home Loan Bank stock 522,700 522,700 266,000 266,000 Bank-owned life insurance 12,359,969 12,359,969 12,002,078 12,002,078 Level 3 inputs: Loans receivable, net 158,594,958 160,612,436 142,913,591 145,442,441 Financial liabilities Level 1 inputs: Advance payments by borrowers for taxes and insurance 619,028 619,028 669,797 669,797 Level 3 inputs: Deposits 222,318,892 222,880,492 238,820,171 239,452,889 Borrowings 6,000,000 5,999,250 — — The fair values of cash and cash equivalents and advances by borrowers for taxes and insurance are estimated to equal the carrying amount. The fair value of loans held for sale is based on commitments from investors. The fair values of Federal Home Loan Bank stock and bank-owned life insurance are estimated to equal carrying amounts, which are based on repurchase prices of the FHLB stock and the insurance company. The fair value of fixed-rate loans is estimated to be the present value of scheduled payments discounted using interest rates currently in effect. The fair value of variable-rate loans, including loans with a demand feature, is estimated to equal the carrying amount. The valuation of loans is adjusted for estimated loan losses. The fair value of interest-bearing checking, savings, and money market deposit accounts is equal to the carrying amount. The fair value of fixed-maturity time deposits is estimated based on interest rates currently offered for deposits of similar remaining maturities. The fair value of borrowings is estimated based on interest rates currently offered for borrowings of similar remaining maturities. The fair value of outstanding loan commitments and unused lines of credit are considered to be the same as the contractual amounts, and are not included in the table above. These commitments generate fees that approximate those currently charged to originate similar commitments.

Defined Contribution Retirement

Defined Contribution Retirement Plan	12 Months Ended
	Mar. 31, 2015
Defined Contribution Retirement Plan	Note 15: Defined Contribution Retirement Plan The Bank offers a retirement plan qualifying under section 401(k) of the Internal Revenue Code to its employees. The Plan covers all full-time employees with one year of service who have reached 18 years of age. The Bank contributes three percent of each participant’s eligible compensation to the Plan. The Bank may make elective deferrals as well, upon Board of Directors approval. During the years ended March 31, 2015 and 2014, the Bank recorded expense of $85,916 and $95,785, respectively, related to the 401(k) Plan.

Compensation Plans

Compensation Plans	12 Months Ended
	Mar. 31, 2015
Stock Based Compensation
Compensation Plans	Note 17: Stock Based Compensation In November 2013, the Company’s shareholders approved a new Equity Incentive Plan (the “2013 Equity Incentive Plan’’). The 2013 Equity Incentive Plan allows for up to 148,120 shares to be issued to employees, executive officers or Directors in the form of restricted stock, and up to 370,300 shares to be issued to employees, executive officers or Directors in the form of stock options. At March 31, 2015, there were 81,500 restricted stock awards issued and outstanding and 219,650 stock option awards granted under the 2013 Equity Incentive Plan. Stock Options: Under the above plan, the exercise price for stock options is the market price at date of grant. The maximum option term is ten years and the options granted shall vest in five equal annual installments of 20% with the first installment becoming exercisable on the first anniversary of the date of grant, or February 3, 2015, and succeeding installments on each anniversary thereafter, through February 3, 2019. The Company plans to issue new shares to satisfy share option exercises. The total cost that has been incurred for the stock option plan was $209,209 and $34,868 for the years ended March 31, 2015 and 2014, respectively. The fair value of each option award is estimated on the date of grant using a closed form option valuation (Black-Scholes) model that uses the assumptions noted in the table below. Expected volatilities are based on historical data. The Company uses historical data to estimate option exercise and post-vesting termination behavior. The expected term of options granted represents the period of time that options granted are expected to be outstanding, which takes into account that the options are not transferable. The risk-free interest rate for the expected term of the option is based on the U.S. Treasury rate equal to the expected term of the option in effect at the time of the grant. The fair value of options granted during the fiscal year ended March 31, 2014 was determined using the following weighted-average assumptions as of grant date. 2015 Risk free interest rate 2.07 % Expected term 7.0 years Expected stock price volatility 27.30 % Dividend yield 0.00 % The fair value of the options granted was $4.65. A summary of stock option activity for the years ended March 31, 2015 and 2014 is as follows: Year ended March 31, 2015: Shares Weighted Weighted Outstanding at beginning of period 225,150 $ 13.85 9.8 years Granted — — 0 Exercised — — 0 Forfeited, exchanged or expired (5,500 ) 13.85 0 Outstanding at end of period 219,650 $ 13.85 8.8 years Vested at end of period 43,930 $ 13.85 8.8 years Year ended March 31, 2014: Shares Weighted Weighted Outstanding at beginning of period — $ — — Granted 225,150 13.85 10.0 years Exercised — — 0 Forfeited, exchanged or expired — — 0 Outstanding at end of period 225,150 $ 13.85 9.8 years Vested at end of period — $ 13.85 9.8 years As of March 31, 2015, there was $801,969 of total unrecognized compensation cost related to nonvested stock options granted under the Plan. The cost is expected to be recognized over a weighted-average period of 3.8 years. As of March 31, 2015, the outstanding stock options have no intrinsic value because the stock price at March 31, 2015 was less than the weighted average exercise price. Restricted Stock: The specific terms of each restricted stock award are determined by the Compensation Committee at the date of the grant. Compensation expense is recognized over the vesting period of the awards based on the fair value of the stock at the grant date. Restricted stock awards granted shall vest in five equal annual installments of 20% with the first installment becoming vested on the first anniversary of the date of grant and succeeding installments on each anniversary thereafter. A summary of changes in the Company’s nonvested shares for the year is as follows: Shares Weighted-Average Nonvested at April 1, 2014 77,250 $ 13.85 Granted 6,500 12.95 Vested (15,000 ) 13.85 Forfeited (2,250 ) 13.85 Nonvested at March 31, 2015 66,500 $ 13.76 Fair value of shares vested $ 205,200 The following table outlines the vesting schedule of the nonvested restricted stock awards as of March 31, 2015: Year ending March 31, # of restricted shares 2016 16,300 2017 16,300 2018 16,300 2019 16,300 2020 1,300 66,500 The Company recorded restricted stock awards expense of $210,920 and $35,663 for the years ended March 31, 2015 and 2014, respectively. As of March 31, 2015, there was $876,342 of total unrecognized compensation cost related to nonvested shares granted under the 2013 stock incentive plan. The cost is expected to be recognized over a weighted-average period of 4.3 years.
Employee Stock Ownership Plan
Compensation Plans	Note 16: Employee Stock Ownership Plan In connection with the conversion to stock form in October 2012, the Company established an Employee Stock Ownership Plan (ESOP) for the exclusive benefit of eligible employees. The ESOP borrowed funds from the Company in the amount of $2,962,400, which was sufficient to purchase 296,240 shares or 8% of the Common Stock issued in the offering. The shares were acquired at a price of $10.00 per share. The loan is secured by the shares purchased with the loan proceeds and will be repaid by the ESOP over the 20-year term of the loan with funds from the Bank’s contributions to the ESOP and dividends paid on the stock, if any. The interest rate on the ESOP loan is an adjustable rate equal to the lowest prime rate, as published in the Wall Street Journal Shares purchased with the loan proceeds are held in a suspense account for allocation among participants as the loan is repaid. Contributions to the ESOP and shares released from the suspense account are allocated among participants in proportion to their compensation, relative to total compensation of all active participants. Participants will vest their accrued benefits under the employee stock ownership plan at a rate of 20% per year, such that the participants will be 100% vested upon completion of five years of credited service. Vesting is accelerated upon retirement, death, or disability of the participant, or a change in control of the Bank. Forfeitures will be reallocated to remaining plan participants. Benefits may be payable upon retirement, death, disability, separation of service, or termination of the ESOP. Participants may elect to receive benefits in cash in lieu of common stock. The debt of the ESOP, in accordance with generally accepted accounting principles, is eliminated in consolidation and the shares pledged as collateral are reported as unearned ESOP shares in the consolidated statements of financial condition. Contributions to the ESOP shall be sufficient to pay principal and interest currently due under the loan agreement. As shares are committed to be released from collateral, the Company reports compensation expense equal to the fair market value of the shares as they are committed to be released from the unallocated suspense account to participants’ accounts. The shares allocated will then become outstanding shares for earnings per share computations. The ESOP compensation expense for the years ended March 31, 2015 and 2014 was $191,771 and $211,345, respectively. A summary of ESOP shares at March 31, 2015 and 2014 is as follows: 2015 2014 Shares allocated to employees 44,436 29,624 Unearned shares 251,804 266,616 Total ESOP shares 296,240 296,240 Fair value of unearned shares $ 3,444,679 $ 3,732,624

Condensed Financial Statements

Condensed Financial Statements of Parent Company	12 Months Ended
	Mar. 31, 2015
Condensed Financial Statements of Parent Company	Note 18: Condensed Financial Statements of Parent Company Presented below are the condensed statement of financial condition as of March 31, 2015 and 2014, and the related condensed statement of operations and condensed statement of cash flows for Hamilton Bancorp, Inc. for the years ended March 31, 2015 and 2014. Condensed Statement of Financial Condition March 31, 2015 March 31, 2014 Assets Cash and due from bank $ 10,296,338 $ 8,750,970 Investment securities available-for-sale 981,710 4,913,669 ESOP loan receivable 2,565,219 2,676,994 Investment in bank subsidiary 46,910,011 45,325,948 Other assets 124,242 102,687 Total Assets $ 60,877,520 $ 61,770,268 Liabilities $ 77,812 $ — Shareholders’ Equity Common stock 34,177 35,951 Additional paid in capital 30,832,815 32,910,362 Retained earnings 32,752,071 33,066,380 Unearned ESOP shares (2,518,040 ) (2,666,160 ) Accumulated other comprehensive income (301,315 ) (1,576,265 ) Total Shareholders’ Equity 60,799,708 61,770,268 Total Liabilities and Shareholders’ Equity $ 60,877,520 $ 61,770,268 Condensed Statement of Operations March 31, 2015 March 31, 2014 Interest revenue Interest on bank deposits $ 9,277 $ 10,068 Interest on investments 46,223 41,683 Interest on ESOP loan 86,094 89,641 Total interest revenue 141,594 141,392 Noninterest revenue Gain on sale of investment securities 40,906 — Noninterest expenses Legal 72,502 56,625 Other professional services 60,511 28,040 Merger related expenses 73,505 — Other operating 124,579 96,974 Total noninterest expenses 331,097 181,639 Loss before income tax benefit and equity in net loss of bank subsidiary (148,597 ) (40,247 ) Income tax benefit (54,960 ) (13,684 ) Loss before equity in net loss of bank subsidiary (93,637 ) (26,563 ) Equity in net loss of bank subsidiary (220,672 ) (1,168,821 ) Net loss $ (314,309 ) $ (1,195,384 ) Condensed Statement of Cash Flows March 31, 2015 March 31, 2014 Cash flows from operating activities: Net loss $ (314,309 ) $ (1,195,384 ) Adjustments to reconcile net loss to net cash used by operating activities: Equity in undistributed net loss of subsidiary 220,672 1,168,821 Accretion of discount on investment securities (10,040 ) (1,108 ) Gain on sale of investment securities (40,906 ) — Increase in other assets (48,392 ) — Increase in other liabilities 77,812 (20,941 ) Net cash used by operating activities (115,163 ) (48,612 ) Cash flows from investing activities: Principal collected on ESOP loan 111,775 108,258 Proceeds from sale of securities available for sale 1,970,000 — Proceeds from maturing and called securities available for sale, including principal pay downs 4,000,000 1,000,000 Purchase of investment securities available-for-sale (1,919,054 ) — Net cash provided by investing activities 4,162,721 1,108,258 Cash flows from financing activities: Repurchase of common stock (2,502,190 ) (2,753,180 ) Net cash used by financing activities (2,502,190 ) (2,753,180 ) Net increase (decrease) in cash and cash equivalents 1,545,368 (1,693,534 ) Cash and cash equivalents at beginning of period 8,750,970 10,444,504 Cash and cash equivalents at end of period $ 10,296,338 $ 8,750,970

Nature of Operations and Summ26

Nature of Operations and Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Mar. 31, 2015
Basis of Presentation	Basis of Presentation Hamilton Bancorp, Inc. (the “Company”) was incorporated on June 7, 2012 to serve as the stock holding company for Hamilton Bank (the “Bank”), a federally chartered savings bank. On October 10, 2012, in accordance with a Plan of Conversion adopted by its Board of Directors and approved by its members, the Bank converted from a mutual savings bank to a stock savings bank and became the wholly owned subsidiary of the Company. In connection with the conversion, the Company sold 3,703,000 shares of common stock at a price of $10.00 per share, through which the Company received proceeds of approximately $35,580,000, net of offering expenses of approximately $1,450,000. In connection with the conversion, the Bank’s Board of Directors adopted an employee stock ownership plan (the “ESOP”) which subscribed for 8.0% of shares sold in the offering, or 296,240 common shares. The purchase of shares by the ESOP was funded by a loan from the Company. All material intercompany accounts and transactions have been eliminated in consolidation. In accordance with the Office of the Comptroller of the Currency (the “OCC”) regulations, upon the completion of the conversion, the Bank restricted retained earnings by establishing a liquidation account. The liquidation account will be maintained for the benefit of eligible account holders who continue to maintain their accounts at the Bank after conversion. The liquidation account will be reduced annually to the extent that eligible account holders have reduced their qualifying deposits. Subsequent increases will not restore an eligible account holder’s interest in the liquidation account. In the event of a complete liquidation of the Bank, and only in such event, each account holder will be entitled to receive a distribution from the liquidation account in an amount proportionate to the adjusted qualifying account balances then held. The Bank may not pay dividends if those dividends would reduce equity capital below the required liquidation account amount.
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies The accounting and reporting policies of Hamilton Bancorp, Inc. and Subsidiary (“Hamilton”) conform to accounting principles generally accepted in the United States of America (“U.S. GAAP”) and to general practices in the banking industry.
Principles of Consolidation	Principles of Consolidation
Reclassifications	Reclassifications.
Nature of Operations	Nature of Operations.
Use of Estimates	Use of Estimates.
Cash and Cash Equivalents	Cash and Cash Equivalents.
Investment Securities	Investment Securities. Investment securities designated as available for sale are stated at estimated fair value based on quoted market prices. They represent those securities which management may sell as part of its asset/liability strategy or that may be sold in response to changing interest rates or liquidity needs. Changes in unrealized gains and losses, net of related deferred taxes, for available for sale securities are recorded in other comprehensive income. Realized gains (losses) on available for sale securities are included in noninterest revenue and, when applicable, are reported as a reclassification adjustment in other comprehensive income. Realized gains and losses on the sale of available for sale securities are recorded on the trade date and are determined by the specific identification method. The amortization of premiums and the accretion of discounts are recognized in interest revenue using methods approximating the interest method over the term of the security. In estimating other-than-temporary impairment losses, management considers the length of time and the extent to which the fair value has been less than cost, the financial condition and near-term prospects of the issuer, and the intent and ability of the Bank to retain its investment in the issuer for a period of time sufficient to allow for any anticipated recovery in fair value.
Federal Home Loan Bank Stock	Federal Home Loan Bank Stock.
Loans Held For Sale	Loans Held For Sale.
Loans Receivable	Loans Receivable. Loans are reported at their outstanding unpaid principal balance adjusted for the allowance for loan losses, premiums on loans acquired, and/or any deferred fees or costs on originated loans. Interest revenue is accrued on the unpaid principal balance. Loan origination fees and the direct costs of underwriting and closing loans are recognized over the life of the related loan as an adjustment to yield using a method that approximates the interest method. Any differences that arise from prepayment will result in a recalculation of the effective yield. Loans are generally placed on nonaccrual status when they are 90 days past due. Past due status is based on contractual terms of the loan. In all cases, loans are placed on nonaccrual status at an earlier date if the collection of principal or interest is considered doubtful. All interest accrued but not collected for loans that are placed on nonaccrual status are reversed against interest revenue. The interest on nonaccrual loans is accounted for on the cash basis method, until the loans qualify for return to accrual status. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and, in management’s judgment, future payments are reasonably assured. Loans are considered impaired when, based on current information, management considers it unlikely that collection of principal and interest payments will be made according to contractual terms. If collection of principal is evaluated as doubtful, all payments are applied to principal. Impaired loans are measured at the present value of expected cash flows discounted at the loan’s effective interest rate or at the fair value of the collateral if the loan is collateral dependent. If the measure of the impaired loan is less than the recorded investment in the loan, an impairment is recognized through an allocation of the allowance for loan losses and corresponding provision for loan losses. Generally, identified impairments are charged-off against the allowance for loan losses. Troubled debt restructurings are loans for which Hamilton, for legal or economic reasons related to a debtor’s financial difficulties, has granted a concession to the debtor that it otherwise would not have considered.
Allowance for Loan Losses	Allowance for Loan Losses. The allowance for loan losses is increased by provisions charged to income and reduced by charge-offs, net of recoveries. Management’s periodic evaluation of the adequacy of the allowance is based on the Bank’s past loan loss experience, known and inherent risks in the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral and current economic conditions. Management considers a number of factors in estimating the required level of the allowance. These factors include: historical loss experience in the loan portfolios; the levels and trends in past-due and nonaccrual loans; the status of nonaccrual loans and other loans identified as having the potential for further deterioration; credit risk and industry concentrations; trends in loan volume; the effects of any changes in lending policies and procedures or underwriting standards; and a continuing evaluation of the economic environment. Management has modified the analysis in fiscal 2015 to specifically reflect recent changes in the loan portfolio, the commercial lending staff, and our internal credit administration procedures.
Bank-Owned Life Insurance (BOLI)	Bank-Owned Life Insurance (BOLI).
Premises and Equipment	Premises and Equipment.
Foreclosed Real Estate	Foreclosed Real Estate.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets.
Off-Balance-Sheet Credit-Related Financial Instruments	Off-Balance-Sheet Credit-Related Financial Instruments.
Accumulated Other Comprehensive Income	Accumulated Other Comprehensive Income.
Income Taxes	Income Taxes.
Earnings Per Common Share	Earnings Per Common Share.
Stock Based Compensation	Stock Based Compensation.
Subsequent Event	Subsequent Events. On April 15, 2015, Hamilton Bancorp, Inc. (“Hamilton Bancorp”) entered into an Agreement and Plan of Merger (the “Merger Agreement”) by and among Hamilton Bancorp, Hamilton Acquisition Corp. (a wholly owned subsidiary of Hamilton Bancorp) and Fairmount Bancorp, Inc. (“Fairmount Bancorp”), pursuant to which, among other things, Fairmount Bancorp will merge with and into Hamilton Bancorp, with Hamilton Bancorp as the surviving entity, and immediately thereafter, Fairmount Bank will be merged with and into Hamilton Bank with Hamilton Bank as the surviving bank (collectively, the “Merger”). Under the terms of the Merger Agreement, stockholders of Fairmount Bancorp will receive a cash payment equal to thirty dollars ($30.00) for each share of Fairmount Bancorp common stock, or an aggregate of approximately $15.4 million. The transaction has been approved by the Board of Directors of each company and is expected to close in the quarter ending September 30, 2015. Completion of the Merger is subject to customary closing conditions, including the receipt of required regulatory approvals and the approval of Fairmount Bancorp’s stockholders. There were no other significant subsequent events identified that would affect the presentation of the financial statements.
Recent Accounting Pronouncements	Recent Accounting Pronouncements ASU No. 2014-04 Receivables – Troubled Debt Restructurings by Creditors (Subtopic 310-40): Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure (a consensus of the FASB Emerging Issues Task Force). ASU 2014-09, Revenue from Contracts with Customers (Topic 606). ASU 2014-11, “Transfers and Servicing (Topic 860).” ASU No. 2014-12, Compensation Stock Compensation (Topic 718): Accounting for Share-Based Payments When the Terms of an Award Provide That a Performance Target Could Be Achieved after the Requisite Service Period (a consensus of the FASB Emerging Issues Task Force

Earnings per Share (Tables)

Earnings per Share (Tables)	12 Months Ended
	Mar. 31, 2015
Basic and Diluted Earnings Per Share	Both the basic and diluted earnings per share for the years ended March 31, 2015 and 2014 are summarized below: Year Ended Year Ended March 31, 2015 March 31, 2014 Net loss $ (314,309 ) $ (1,195,384 ) Average common shares outstanding 3,180,865 3,369,863 Loss per common share - basic and diluted $ (0.10 ) $ (0.35 )

Investment Securities Availab28

Investment Securities Available for Sale (Tables)	12 Months Ended
	Mar. 31, 2015
Amortized Cost and Fair Value of Securities	The amortized cost and fair value of securities at March 31, 2015 and 2014, are summarized as follows: March 31, 2015 Amortized Gross Gross Fair U.S. government agencies $ 17,509,211 $ 3,363 $ 200,627 $ 17,311,947 Municipal bonds 2,149,114 168,016 — 2,317,130 Corporate bonds 2,000,000 — 46,736 1,953,264 Mortgage-backed securities 71,779,015 387,015 808,620 71,357,410 $ 93,437,340 $ 558,394 $ 1,055,983 $ 92,939,751 March 31, 2014 Amortized Gross Gross Fair U.S. government agencies $ 24,539,483 $ 20,505 $ 1,146,883 $ 23,413,105 Municipal bonds 3,241,992 95,568 — 3,337,560 Mortgage-backed securities 78,368,150 367,505 1,960,066 76,775,589 106,149,625 483,578 3,106,949 103,526,254 FHLMC stock 6,681 20,339 — 27,020 $ 106,156,306 $ 503,917 $ 3,106,949 $ 103,553,274
Amortized Cost and Estimated Fair Value of Debt Securities by Contractual Maturity	The amortized cost and estimated fair value of debt securities by contractual maturity at March 31, 2015 and 2014 follow. Actual maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations. Available for Sale March 31, 2015 March 31, 2014 Amortized Fair Amortized Fair Maturing Within one year $ 509,211 $ 512,574 $ 1,017,006 $ 1,032,051 Over one to five years — — 4,522,476 4,527,248 Over five to ten years 19,000,000 18,752,637 17,000,000 15,904,931 Over ten years 2,149,114 2,317,130 5,241,993 5,286,435 Mortgage-backed, in monthly installments 71,779,015 71,357,410 78,368,150 76,775,589 $ 93,437,340 $ 92,939,751 $ 106,149,625 $ 103,526,254
Investments' Gross Unrealized Losses and Corresponding Fair Values by Investment Category and Length of Time that Securities have been in Continuous Unrealized Loss Position	The following table presents the Company’s investments’ gross unrealized losses and the corresponding fair values by investment category and length of time that the securities have been in a continuous unrealized loss position at March 31, 2015 and 2014. Less than 12 months 12 months or longer Total March 31, 2015 Gross unrealized Fair Gross unrealized Fair Gross unrealized Fair U.S. government agencies $ 11,208 $ 3,988,792 $ 189,419 $ 12,810,581 $ 200,627 $ 16,799,373 Municipal bonds — — — — — — Corporate bonds 46,736 1,953,264 — — 46,736 1,953,264 Mortgage-backed securities 187,176 9,687,070 621,444 33,241,821 808,620 42,928,891 $ 245,120 $ 15,629,126 $ 810,863 $ 46,052,402 $ 1,055,983 $ 61,681,528 Less than 12 months 12 months or longer Total March 31, 2014 Gross unrealized Fair Gross unrealized Fair Gross unrealized Fair U.S. government agencies $ 995,320 $ 17,004,680 $ 151,563 $ 2,848,437 $ 1,146,883 $ 19,853,117 Municipal bonds — — — — — — Mortgage-backed securities 1,712,098 48,609,006 247,968 7,216,678 1,960,066 55,825,684 $ 2,707,418 $ 65,613,686 $ 399,531 $ 10,065,115 $ 3,106,949 $ 75,678,801

Loans Receivable and Allowanc29

Loans Receivable and Allowance for Loan Losses (Tables)	12 Months Ended
	Mar. 31, 2015
Loans Receivable Excluding Loans Held for Sale	Loans receivable, excluding loans held for sale, consist of the following at March 31, 2015 and 2014: March 31, 2015 March 31, 2014 Amount % of Total Amount % of Total Real estate loans: One-to four-family: Residential $ 49,864,923 31 % $ 57,673,450 40 % Residential construction 3,955,702 2 % 473,271 0 % Investor (1) 12,971,519 8 % 14,000,119 10 % Commercial 59,273,398 37 % 41,406,424 28 % Commercial construction 2,405,849 1 % 2,794,793 2 % 128,471,391 79 % 116,348,057 80 % Commercial 18,489,603 12 % 15,656,599 11 % Home equity loans 12,261,292 8 % 11,660,531 8 % Consumer 1,166,155 1 % 1,154,007 1 % Total Loans 160,388,441 100 % 144,819,194 100 % Net deferred loan origination fees and costs (103,247 ) (119,630 ) Allowance for loan losses (1,690,236 ) (1,785,973 ) $ 158,594,958 $ 142,913,591 (1) “Investor” loans are residential mortgage loans secured by non-owner occupied one- to four-family properties
Balance of Allowance for Loan Losses by Portfolio Segment	The following tables set forth for the years ended March 31, 2015 and 2014, the balance of the allowance for loan losses by portfolio segment, disaggregated by impairment methodology, which is further segregated by amounts evaluated for impairment collectively and individually. The allowance for loan losses allocated to each portfolio segment is not necessarily indicative of future losses in any particular portfolio segment and does not restrict the use of the allowance to absorb losses in other portfolio segments. Allowance Loan Balance Individually Collectively Individually Collectively evaluated evaluated evaluated evaluated Allowance Provision for Charge Allowance for for for for March 31, 2015 3/31/2014 loan losses offs Recoveries 3/31/2015 impairment impairment impairment impairment Real estate loans: One-to four-family $ 528,362 $ 38,738 $ 138,821 $ 5,291 $ 433,570 $ 97,632 $ 335,938 $ 2,092,580 $ 64,699,564 Commercial 575,881 9,936 — — 585,817 — 585,817 3,358,447 55,914,951 Commercial construction 60,361 7,474 — — 67,835 — 67,835 1,374,530 1,031,319 Commercial 590,975 (82,390 ) 83,879 48,421 473,127 730 472,397 2,010,424 16,479,179 Home equity loans 27,181 169,990 100,693 2,505 98,983 — 98,983 15,229 12,246,063 Consumer 3,213 (3,925 ) — 1,439 727 — 727 — 1,166,155 Unallocated — 30,177 — — 30,177 — 30,177 — — $ 1,785,973 $ 170,000 $ 323,393 $ 57,656 $ 1,690,236 $ 98,362 $ 1,591,874 $ 8,851,210 $ 151,537,231 Allowance Loan Balance Individually Collectively Individually Collectively Provision for evaluated evaluated evaluated evaluated Allowance Charge Allowance for for for for March 31, 2014 3/31/2013 loan losses offs Recoveries 3/31/2014 impairment impairment impairment impairment Real estate loans: One-to four-family $ 372,390 $ 337,416 $ 205,809 $ 24,365 $ 528,362 $ 168,487 $ 359,875 $ 1,913,630 $ 70,233,210 Commercial 613,047 (84,100 ) — 46,934 575,881 — 575,881 3,363,584 38,042,840 Commercial construction 417,311 643,050 1,000,000 — 60,361 — 60,361 1,552,293 1,242,500 Commercial 635,840 968,537 1,058,733 45,331 590,975 259 590,716 3,953,618 11,702,981 Home equity loans 31,484 7,082 11,385 — 27,181 — 27,181 204,209 11,456,322 Consumer 1,152 1,572 — 489 3,213 — 3,213 — 1,154,007 $ 2,071,224 $ 1,873,557 $ 2,275,927 $ 117,119 $ 1,785,973 $ 168,746 $ 1,617,227 $ 10,987,334 $ 133,831,860
Past Due Loans, Segregated by Age and Class of Loans	Past due loans, segregated by age and class of loans, as March 31, 2015 and 2014, were as follows: Loans Accruing Nonaccrual Loans Loans 90 or more loans 90 or interest 30-59 days 60-89 days days Total past Current more days Nonaccrual not March 31, 2015 past due past due past due due loans loans Total loans past due loans accrued Real estate loans: One-to four-family $ 299,259 $ 158,898 $ 487,617 $ 945,774 $ 65,846,370 $ 66,792,144 $ — $ 639,191 $ 28,338 Commercial — — — — 59,273,398 59,273,398 — — — Commercial construction — — 1,374,530 1,374,530 1,031,319 2,405,849 — 1,374,530 11,975 Commercial — 733,809 225,573 959,382 17,530,221 18,489,603 — 225,573 82,789 Home equity loans — — 6,000 6,000 12,255,292 12,261,292 — 15,229 980 Consumer 187 492 — 679 1,165,476 1,166,155 — — — $ 299,446 $ 893,199 $ 2,093,720 $ 3,286,365 $ 157,102,076 $ 160,388,441 $ — $ 2,254,523 $ 124,082 Loans Accruing Nonaccrual Loans Loans 90 or more loans 90 or interest 30-59 days 60-89 days days Total past Current more days Nonaccrual not March 31, 2014 past due past due past due due loans loans Total loans past due loans accrued Real estate loans: One-to four-family $ 253,465 $ — $ 442,355 $ 695,820 $ 71,451,020 $ 72,146,840 $ — $ 442,355 $ 29,409 Commercial — — 301,295 301,295 41,105,129 41,406,424 301,295 — — Commercial construction — 1,242,500 — 1,242,500 1,552,293 2,794,793 — 1,552,293 — Commercial 439,603 2,172,968 1,801,746 4,414,317 11,242,282 15,656,599 500,000 2,040,864 71,850 Home equity loans — — 204,209 204,209 11,456,322 11,660,531 — 204,209 9,697 Consumer 7,629 — — 7,629 1,146,378 1,154,007 — — — $ 700,697 $ 3,415,468 $ 2,749,605 $ 6,865,770 $ 137,953,424 $ 144,819,194 $ 801,295 $ 4,239,721 $ 110,956
Impaired Loans	Impaired Loans as of March 31, 2015 and 2014 were as follows: Unpaid Recorded Recorded contractual investment investment Total Average principal with no with recorded Related recorded Interest March 31, 2015 balance allowance allowance investment allowance investment recognized Real estate loans: One-to four-family $ 2,221,429 $ 652,411 $ 1,440,169 $ 2,092,580 $ 97,632 $ 2,176,952 $ 72,593 Commercial 3,433,669 3,358,447 — 3,358,447 — 3,359,762 157,242 Commercial construction 2,549,027 1,374,530 — 1,374,530 — 1,775,778 — Commercial 2,730,393 1,961,074 49,350 2,010,424 730 2,810,816 96,056 Home equity loans 67,924 15,229 — 15,229 — 40,701 112 Consumer — — — — — — — $ 11,002,442 $ 7,361,691 $ 1,489,519 $ 8,851,210 $ 98,362 $ 10,164,009 $ 326,003 Unpaid Recorded Recorded contractual investment investment Total Average principal with no with recorded Related recorded Interest March 31, 2014 balance allowance allowance investment allowance investment recognized Real estate loans: One-to four-family $ 2,103,937 $ 442,355 $ 1,471,275 $ 1,913,630 $ 168,487 $ 2,015,371 $ 85,927 Commercial 5,212,253 3,363,584 — 3,363,584 — 3,381,166 278,249 Commercial construction 2,552,293 1,552,293 — 1,552,293 — 2,546,048 174,501 Commercial 5,405,706 3,886,889 66,729 3,953,618 259 4,664,305 319,389 Home equity loans 215,594 204,209 — 204,209 — 153,943 8,315 Consumer — — — — — — — $ 15,489,783 $ 9,449,330 $ 1,538,004 $ 10,987,334 $ 168,746 $ 12,760,833 $ 866,381
Balances of Classified Loans Based on Risk Grade	The following tables present the March 31, 2015 and 2014 balances of classified loans based on the risk grade. Classified loans include Special Mention, Substandard, and Doubtful loans. The Bank had no loans classified as Doubtful or Loss as of March 31, 2015 or 2014. March 31, 2015 Pass Special Substandard Total Real estate loans: One-to four-family $ 64,467,025 $ 1,678,604 $ 646,515 $ 66,792,144 Commercial 52,979,048 2,935,904 3,358,446 59,273,398 Commercial construction 1,031,319 — 1,374,530 2,405,849 Commercial 13,966,656 3,126,880 1,396,067 18,489,603 Home equity loans 12,255,292 — 6,000 12,261,292 Consumer 1,165,476 679 — 1,166,155 $ 145,864,816 $ 7,742,067 $ 6,781,558 $ 160,388,441 Percentage of total loans 91.0 % 4.8 % 4.2 % 100 % March 31, 2014 Pass Special Substandard Total Real estate loans: One-to four-family $ 69,979,745 $ 1,724,740 $ 442,355 $ 72,146,840 Commercial 35,187,711 2,855,129 3,363,584 41,406,424 Commercial construction 1,242,500 — 1,552,293 2,794,793 Commercial 8,462,441 3,240,542 3,953,616 15,656,599 Home equity loans 11,456,322 — 204,209 11,660,531 Consumer 1,154,007 — — 1,154,007 $ 127,482,726 $ 7,820,411 $ 9,516,057 $ 144,819,194 Percentage of total loans 88.0 % 5.4 % 6.6 % 100 %
Summary of Troubled Debt Restructurings	A summary of TDRs at March 31, 2015 and 2014 follows: Number of March 31, 2015 contracts Performing Nonperforming Total Real estate loans: One-to four-family 5 $ 1,366,132 $ 74,085 $ 1,440,217 Commercial 2 3,358,446 — 3,358,446 Commercial construction — — — — Commercial 3 614,358 59,883 674,241 Home equity loans — — — — Consumer — — — — 10 $ 5,338,936 $ 133,968 $ 5,472,904 Number of March 31, 2014 contracts Performing Nonperforming Total Real estate loans: One-to four-family 5 $ 1,471,275 $ 6,259 $ 1,477,534 Commercial — — — — Commercial construction — — — — Commercial 3 66,729 870,489 937,218 Home equity loans — — — — Consumer — — — — 8 $ 1,538,004 $ 876,748 $ 2,414,752
Number of Contracts and Outstanding Loan Balance at Time of Modification	The following table presents the number of contracts and the dollar amount of TDR’s that were added during the year ended March 31, 2015 and 2014. The amount shown reflects the outstanding loan balance at the time of the modification. Year Ended March 31, 2015 Year Ended March 31, 2014 Number of Outstanding recorded Number of Outstanding recorded contracts investment contracts investment Real estate loans: One-to four-family — $ — 1 $ 72,104 Commercial 2 3,358,446 — — Commercial construction — — — — Commercial — — — — Home equity loans — — — — Consumer — — — — 2 $ 3,358,446 1 $ 72,104
Loans modified as TDRs	The following table represents TDR loans that defaulted during the years ended March 31, 2015 and 2014, respectively, within twelve months of their restructuring. Payment default under a TDR is defined as any TDR that is 90 days or more past due since the loan was modified. Defaulted During The Year Ended March 31, 2015 2014 TDR Loan Classification Number of Recorded Number of Recorded Commercial — $ — 1 $ 196,667
Outstanding Commitments and Unused Lines of Credit	The Bank had the following outstanding commitments and unused lines of credit as of March 31, 2015 and 2014: March 31, March 31, 2015 2014 Unused commercial lines of credit $ 8,074,686 $ 2,614,410 Unused home equity lines of credit 15,885,344 17,414,411 Unused consumer lines of credit 31,876 59,029 Residential construction loan commitments 5,325,095 976,829 Commercial construction loan commitments 1,129,681 47,021 Home equity loan commitments 337,000 142,200 Commercial loan commitments 269,000 2,589,249 Standby letter of credit 50,000 50,000

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Mar. 31, 2015
Activity in loans	Activity in these loans during the years ended March 31, 2015 and 2014 was as follows: 2015 2014 Balance - Beginning of year $ 672,414 $ 721,558 New loans and lines of credit advances 78,400 6,400 Principal repayments (58,581 ) (55,544 ) Balance - End of year $ 692,233 $ 672,414

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Mar. 31, 2015
Summary of Premises and Equipment and Related Depreciation and Amortization	A summary of premises and equipment and the related depreciation and amortization as of March 31, is as follows: Estimated Useful Life 2015 2014 Land $ 290,219 $ 290,219 Office buildings and improvements 3 - 39 years 2,869,429 2,825,293 Furniture and equipment 3 - 7 years 1,735,871 1,653,963 Automobiles 5 years 41,015 84,352 4,936,534 4,853,827 Accumulated depreciation and amortization (2,964,186 ) (2,752,240 ) Net premises and equipment $ 1,972,348 $ 2,101,587 Depreciation and amortization expense $ 252,723 $ 310,935
Minimum Future Rental Commitment	The minimum future rental commitment under both agreements is as follows: Year ending March 31, Payments 2016 $ 441,681 2017 341,669 2018 137,865 2019 142,001 2020 146,261 $ 1,209,477

Goodwill and Other Intangible32

Goodwill and Other Intangible Assets (Tables)	12 Months Ended
	Mar. 31, 2015
Activity in Goodwill and Acquired Intangible Assets Related to Branch Purchase	The activity in goodwill and acquired intangible assets related to the branch purchase is as follows: Core deposit Goodwill intangible Balance March 31, 2013 $ 2,664,432 $ 212,333 Amortization — (41,000 ) Balance March 31, 2014 2,664,432 171,333 Amortization — (33,000 ) Balance March 31, 2015 $ 2,664,432 $ 138,333
Future Expected Annual Amortization Associated With Core Deposit Intangible	At March 31, 2015, future expected annual amortization associated with the core deposit intangible is as follows: Year ending March 31, Amount 2016 $ 28,667 2017 28,000 2018 28,000 2019 28,000 2020 25,666 $ 138,333

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Mar. 31, 2015
Composition of Deposits and Related Percentage Mix of Total Deposits	The following table details the composition of deposits and the related percentage mix of total deposits, respectively: March 31, 2015 March 31, 2014 Amount % of Total Amount % of Total Savings $ 16,933,011 8 % $ 15,951,875 7 % Noninterest-bearing checking 16,652,771 7 % 15,327,161 6 % Interest-bearing checking 11,003,370 5 % 9,067,604 4 % Money market accounts 28,033,238 13 % 28,382,326 12 % Time deposits 149,696,502 67 % 170,091,205 71 % Total deposits $ 222,318,892 100 % $ 238,820,171 100 %
Schedule of Maturity of Time Deposits	A schedule of maturity of time deposits is as follows: Maturity period 2015 2014 Within one year $ 86,141,923 $ 102,001,002 Over one year through two years 32,497,524 37,294,279 Over two years through three years 13,139,593 15,716,214 Over three years through four years 8,396,156 6,762,094 Over four years through five years 9,521,306 8,317,616 $ 149,696,502 $ 170,091,205

Lines of Credit and Federal H34

Lines of Credit and Federal Home Loan Bank Advances (Tables)	12 Months Ended
	Mar. 31, 2015
Short Term Borrowing	Information relating to borrowings at March 31, 2015 is presented below. There were no borrowings at or during the year ended March 31, 2014. March 31, 2015 Amount Rate Maturity Date FHLB advance $ 2,000,000 0.21 % 6/3/2015 FHLB advance 2,000,000 0.28 % 9/3/2015 FHLB advance 2,000,000 0.43 % 3/3/2016 At period end $ 6,000,000

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Mar. 31, 2015
Provisions for Income Taxes	The provisions for income taxes for the years ended March 31, 2015 and 2014 consist of the following components: March 31, 2015 2014 Current: Federal $ 111,039 $ (590,715 ) State (16,776 ) (181,134 ) Deferred income tax (431,616 ) (219,940 ) Total $ (337,353 ) $ (991,789 )
Reconciliation of Provision for Taxes	A reconciliation of the provision for taxes on income from the statutory federal income tax rate to the effective income tax rates follows: March 31, 2015 2014 Tax at statutory federal income tax rate $ (221,565 ) $ (743,639 ) Tax effect of: Tax-exempt income (160,891 ) (141,850 ) State income taxes, net of federal benefit (2,419 ) (135,773 ) Nondeductible expenses and other 47,522 29,473 Income tax expense $ (337,353 ) $ (991,789 )
Summary of Tax Effects of Temporary Differences that Gave Rise to Deferred Tax Assets and Liabilities	The following is a summary of the tax effects of the temporary differences between financial and income tax accounting that give rise to deferred tax assets and deferred tax liabilities as of March 31: 2015 2014 Deferred tax assets: Allowance for loan losses $ 679,643 $ 712,296 Nonaccrual interest 216,259 114,876 Deferred compensation 218,424 287,695 Foreclosed real estate write downs 221,010 133,834 Deferred loan costs 45,911 59,282 Charitable contribution carryforward 33,953 28,596 Net operating loss carryforward 529,318 333,022 Stock based payment awards 45,609 17,550 Unrealized loss on investment securities available for sale 196,274 1,026,766 AMT credit carryover 170,033 — Accumulated depreciation 43,078 — 2,399,512 2,713,917 Less valuation allowance (10,509 ) (2,418 ) 2,389,003 2,711,499 Deferred tax liabilities: Accumulated depreciation — 827 FHLB stock dividends 67,245 67,245 Goodwill and other intangible assets 317,926 249,464 Other 41,982 33,237 427,153 350,773 Net deferred tax asset $ 1,961,850 $ 2,360,726

Regulatory Capital Ratios (Tabl

Regulatory Capital Ratios (Tables)	12 Months Ended
	Mar. 31, 2015
Capital Ratios and Minimum Capital Requirements of Bank	The table presents actual and required capital ratios as of March 31, 2014 under the rules in effect prior to the Basel III Capital Rules. Actual Minimum Capital Minimum Capital To be well Amount Ratio Amount Ratio Amount Ratio Amount Ratio March 31, 2015 (dollars in thousands) Common equity tier 1 capital (to risk-weighted assets) $ 44,187 24.37 % $ 8,160 4.50 % $ 12,694 7.00 % $ 11,787 6.50 % Total risk-based capital (to risk-weighted assets) 45,910 25.32 % 14,508 8.00 % 19,041 10.50 % 18,134 10.00 % Tier 1 capital (to risk-weighted assets) 44,187 24.37 % 10,881 6.00 % 15,414 8.50 % 14,508 8.00 % Tier 1 capital (to adjusted total assets) 44,187 15.82 % 11,168 4.00 % 11,168 4.00 % 13,960 5.00 % Actual Minimum capital To be well Amount Ratio Amount Ratio Amount Ratio March 31, 2014 (dollars in thousands) Total risk-based capital (to risk-weighted assets) $ 45,800 28.38 % $ 12,908 8.00 % $ 16,135 10.00 % Tier 1 capital (to risk-weighted assets) 44,014 27.28 % 6,454 4.00 % 9,681 6.00 % Tier 1 capital (to adjusted total assets) 44,014 15.10 % 11,660 4.00 % 14,575 5.00 % (1)– Under prompt corrective action provisions

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Mar. 31, 2015
Reconciliation of Beginning and Ending Balance of Foreclosed Real Estate, Measured on Nonrecurring Basis using Significant Unobservable Inputs	The following table summarizes changes in foreclosed real estate for the years ended March 31, 2015 and 2014, which is measured on a nonrecurring basis using significant unobservable, level 3, inputs: Year Ended March 31, 2015 2014 Balance, beginning of year $ 664,020 $ 755,659 Transfer to foreclosed real estate 12,560 1,003,314 Proceeds from sale of foreclosed real estate — (601,250 ) Loss on sale of foreclosed real estate — (154,409 ) Write down of foreclosed real estate (221,005 ) (339,294 ) Balance, end of year $ 455,575 $ 664,020
Calculation of Estimated Fair Values Based on Market Conditions at Specific Point of Time	The calculation of estimated fair values is based on market conditions at a specific point in time and may not reflect current or future fair values. March 31, 2015 March 31, 2014 Carrying amount Fair value Carrying amount Fair value Financial assets Level 1 inputs: Cash and cash equivalents $ 16,643,888 $ 16,643,888 $ 33,073,310 $ 33,073,310 Level 2 inputs: Loans held for sale 581,139 591,670 — — Federal Home Loan Bank stock 522,700 522,700 266,000 266,000 Bank-owned life insurance 12,359,969 12,359,969 12,002,078 12,002,078 Level 3 inputs: Loans receivable, net 158,594,958 160,612,436 142,913,591 145,442,441 Financial liabilities Level 1 inputs: Advance payments by borrowers for taxes and insurance 619,028 619,028 669,797 669,797 Level 3 inputs: Deposits 222,318,892 222,880,492 238,820,171 239,452,889 Borrowings 6,000,000 5,999,250 — —
Available-for-sale Securities
Investment Securities Available for Sale, Measurements on Recurring Basis	characteristics or discounted cash flows. As of March 31, 2015 and 2014, the Bank has categorized its investment securities available for sale as follows: March 31, 2015 Level 1 Level 2 Level 3 Total U.S. government agencies $ — $ 17,311,947 $ — $ 17,311,947 Municipal bonds — 2,317,130 — 2,317,130 Corporate bonds — 1,953,264 — 1,953,264 Mortgage-backed securities — 71,357,410 — 71,357,410 Total investment securities available for sale $ — $ 92,939,751 $ — $ 92,939,751 March 31, 2014 Level 1 Level 2 Level 3 Total U.S. government agencies $ — $ 23,413,105 $ — $ 23,413,105 Municipal bonds — 3,337,560 — 3,337,560 Mortgage-backed securities — 76,775,589 — 76,775,589 FHLMC stock 27,020 — — 27,020 Total investment securities available for sale $ 27,020 $ 103,526,254 $ — $ 103,553,274
Foreclosed Assets
Impaired Loans and Foreclosed Real Estate, Measurements on Nonrecurring Basis	The Company has categorized its foreclosed assets as Level 3. March 31, 2015 Level 1 Level 2 Level 3 Total Impaired loans $ — $ — $ 8,752,848 $ 8,752,848 Foreclosed real estate — — 455,575 455,575 Total impaired loans and foreclosed real estate $ — $ — $ 9,208,423 $ 9,208,423 March 31, 2014 Level 1 Level 2 Level 3 Total Impaired loans $ — $ — $ 10,818,588 $ 10,818,588 Foreclosed real estate — — 664,020 664,020 Total impaired loans and foreclosed real estate $ — $ — $ 11,482,608 $ 11,482,608

Compensation Plans (Tables)

Compensation Plans (Tables)	12 Months Ended
	Mar. 31, 2015
Summary of Employee Stock Ownership Plan Shares	A summary of ESOP shares at March 31, 2015 and 2014 is as follows: 2015 2014 Shares allocated to employees 44,436 29,624 Unearned shares 251,804 266,616 Total ESOP shares 296,240 296,240 Fair value of unearned shares $ 3,444,679 $ 3,732,624
Weighted-Average Assumptions as of Grant Date for Options Granted	The fair value of options granted during the fiscal year ended March 31, 2014 was determined using the following weighted-average assumptions as of grant date. 2015 Risk free interest rate 2.07 % Expected term 7.0 years Expected stock price volatility 27.30 % Dividend yield 0.00 %
Summary of Stock Option Activity	A summary of stock option activity for the years ended March 31, 2015 and 2014 is as follows: Year ended March 31, 2015: Shares Weighted Weighted Outstanding at beginning of period 225,150 $ 13.85 9.8 years Granted — — 0 Exercised — — 0 Forfeited, exchanged or expired (5,500 ) 13.85 0 Outstanding at end of period 219,650 $ 13.85 8.8 years Vested at end of period 43,930 $ 13.85 8.8 years Year ended March 31, 2014: Shares Weighted Weighted Outstanding at beginning of period — $ — — Granted 225,150 13.85 10.0 years Exercised — — 0 Forfeited, exchanged or expired — — 0 Outstanding at end of period 225,150 $ 13.85 9.8 years Vested at end of period — $ 13.85 9.8 years
Summary of Changes in Nonvested Shares	A summary of changes in the Company’s nonvested shares for the year is as follows: Shares Weighted-Average Nonvested at April 1, 2014 77,250 $ 13.85 Granted 6,500 12.95 Vested (15,000 ) 13.85 Forfeited (2,250 ) 13.85 Nonvested at March 31, 2015 66,500 $ 13.76 Fair value of shares vested $ 205,200
Schedule of Nonvested Restricted Stock Awards	The following table outlines the vesting schedule of the nonvested restricted stock awards as of March 31, 2015: Year ending March 31, # of restricted shares 2016 16,300 2017 16,300 2018 16,300 2019 16,300 2020 1,300 66,500

Condensed Financial Statement39

Condensed Financial Statements of Parent Company (Tables)	12 Months Ended
	Mar. 31, 2015
Condensed Statement of Financial Condition	Condensed Statement of Financial Condition March 31, 2015 March 31, 2014 Assets Cash and due from bank $ 10,296,338 $ 8,750,970 Investment securities available-for-sale 981,710 4,913,669 ESOP loan receivable 2,565,219 2,676,994 Investment in bank subsidiary 46,910,011 45,325,948 Other assets 124,242 102,687 Total Assets $ 60,877,520 $ 61,770,268 Liabilities $ 77,812 $ — Shareholders’ Equity Common stock 34,177 35,951 Additional paid in capital 30,832,815 32,910,362 Retained earnings 32,752,071 33,066,380 Unearned ESOP shares (2,518,040 ) (2,666,160 ) Accumulated other comprehensive income (301,315 ) (1,576,265 ) Total Shareholders’ Equity 60,799,708 61,770,268 Total Liabilities and Shareholders’ Equity $ 60,877,520 $ 61,770,268
Condensed Statement of Operations	Condensed Statement of Operations March 31, 2015 March 31, 2014 Interest revenue Interest on bank deposits $ 9,277 $ 10,068 Interest on investments 46,223 41,683 Interest on ESOP loan 86,094 89,641 Total interest revenue 141,594 141,392 Noninterest revenue Gain on sale of investment securities 40,906 — Noninterest expenses Legal 72,502 56,625 Other professional services 60,511 28,040 Merger related expenses 73,505 — Other operating 124,579 96,974 Total noninterest expenses 331,097 181,639 Loss before income tax benefit and equity in net loss of bank subsidiary (148,597 ) (40,247 ) Income tax benefit (54,960 ) (13,684 ) Loss before equity in net loss of bank subsidiary (93,637 ) (26,563 ) Equity in net loss of bank subsidiary (220,672 ) (1,168,821 ) Net loss $ (314,309 ) $ (1,195,384 )
Condensed Statement of Cash Flows	Condensed Statement of Cash Flows March 31, 2015 March 31, 2014 Cash flows from operating activities: Net loss $ (314,309 ) $ (1,195,384 ) Adjustments to reconcile net loss to net cash used by operating activities: Equity in undistributed net loss of subsidiary 220,672 1,168,821 Accretion of discount on investment securities (10,040 ) (1,108 ) Gain on sale of investment securities (40,906 ) — Increase in other assets (48,392 ) — Increase in other liabilities 77,812 (20,941 ) Net cash used by operating activities (115,163 ) (48,612 ) Cash flows from investing activities: Principal collected on ESOP loan 111,775 108,258 Proceeds from sale of securities available for sale 1,970,000 — Proceeds from maturing and called securities available for sale, including principal pay downs 4,000,000 1,000,000 Purchase of investment securities available-for-sale (1,919,054 ) — Net cash provided by investing activities 4,162,721 1,108,258 Cash flows from financing activities: Repurchase of common stock (2,502,190 ) (2,753,180 ) Net cash used by financing activities (2,502,190 ) (2,753,180 ) Net increase (decrease) in cash and cash equivalents 1,545,368 (1,693,534 ) Cash and cash equivalents at beginning of period 8,750,970 10,444,504 Cash and cash equivalents at end of period $ 10,296,338 $ 8,750,970

Nature of Operations and Summ40

Nature of Operations and Summary of Significant Accounting Policies - Additional Information (Detail)	Apr. 15, 2015USD ($)$ / shares	Oct. 10, 2012USD ($)$ / sharesshares	Mar. 31, 2015USD ($)Entity$ / sharesshares	Mar. 31, 2014USD ($)$ / sharesshares
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Sale and issuance of common stock | shares		3,703,000	3,417,713	3,595,100
Sale and issuance of common stock, issuance price | $ / shares		$ 10
Proceeds from the sale and issuance of shares		$ 35,580,000
Net offering expenses		$ 1,450,000
Employee stock ownership plan (ESOP) subscribed, percentage		8.00%
Employee stock ownership plan (ESOP) subscribed, Number of shares | shares		296,240	44,436	29,624
Number of branches | Entity			4
Federal Home Loan Bank stock par value | $ / shares			$ 100	$ 100
Federal Home Loan Bank stock			$ 522,700	$ 266,000
Core deposit intangibles amortization period			10 years
Subsequent Event | Merger Agreement
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Merger agreement, cash payment per share | $ / shares	$ 30
Merger agreement, aggregate cash payment	$ 15,400,000

Basic and Diluted Earnings Per

Basic and Diluted Earnings Per Share (Detail) - Entity [Domain] - USD ($)	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Earnings Per Share Disclosure [Line Items]
Net loss	$ (314,309)	$ (1,195,384)
Average common shares outstanding	3,180,865	3,369,863
Loss per common share - basic and diluted	$ (0.10)	$ (0.35)

Correspondent Bank Relationsh42

Correspondent Bank Relationships - Additional Information (Detail) - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Alliance Agreement [Line Items]
Balances with other banks that exceed the federally insured limit	$ 17,206,112	$ 18,140,476

Amortized Cost and Fair Value o

Amortized Cost and Fair Value of Securities (Detail) - Entity [Domain] - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Amortized cost		$ 106,156,306
Gross unrealized gains		503,917
Gross unrealized losses		3,106,949
Fair value	$ 92,939,751	103,553,274
US Government Agencies Debt Securities
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	17,509,211	24,539,483
Gross unrealized gains	3,363	20,505
Gross unrealized losses	200,627	1,146,883
Fair value	17,311,947	23,413,105
Municipal bonds
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	2,149,114	3,241,992
Gross unrealized gains	168,016	95,568
Fair value	2,317,130	3,337,560
Corporate Bond Securities
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	2,000,000
Gross unrealized losses	46,736
Fair value	1,953,264
Mortgage-backed securities
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	71,779,015	78,368,150
Gross unrealized gains	387,015	367,505
Gross unrealized losses	808,620	1,960,066
Fair value	71,357,410	76,775,589
Available-for-sale Securities
Schedule of Available-for-sale Securities [Line Items]
Amortized cost	93,437,340	106,149,625
Gross unrealized gains	558,394	483,578
Gross unrealized losses	1,055,983	3,106,949
Fair value	$ 92,939,751	103,526,254
FHLMC stock
Schedule of Available-for-sale Securities [Line Items]
Amortized cost		6,681
Gross unrealized gains		20,339
Fair value		$ 27,020

Investment Securities Availab44

Investment Securities Available for Sale - Additional Information (Detail) - Entity [Domain] - USD ($)	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Proceeds from sales of investment securities	$ 11,776,244	$ 13,224,898
Gains on sales of investment securities	282,128	304,960
Losses on sales of investment securities	10,577	133,070
Book value of pledged security to the Federal Reserve bank	2,000,000	2,000,000
Fair value of pledged security to the Federal Reserve bank	$ 1,970,080	$ 1,845,068

Amortized Cost and Estimated Fa

Amortized Cost and Estimated Fair Value of Debt Securities by Contractual Maturity (Detail) - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Amortized cost and estimated fair value of debt securities
Amortized cost of available-for-sale of securities maturing within one year	$ 509,211	$ 1,017,006
Amortized cost of available-for-sale of securities maturing over one to five years		4,522,476
Amortized cost of available-for-sale of securities maturing over five to ten years	19,000,000	17,000,000
Amortized cost of available-for-sale of securities maturing over ten years	2,149,114	5,241,993
Amortized cost of Mortgage-backed, in monthly installments	71,779,015	78,368,150
Amortized cost of available securities	93,437,340	106,149,625
Amortized cost and estimated fair value of debt securities
Fair value of available-for-sale of securities maturing within one year	512,574	1,032,051
Fair value of available-for-sale of securities maturing over one to five years		4,527,248
Fair value of available-for-sale of securities maturing over five to ten years	18,752,637	15,904,931
Fair value of available-for-sale of securities maturing over ten years	2,317,130	5,286,435
Fair value of available-for-sale of securities Mortgage-backed, in monthly installments	71,357,410	76,775,589
Fair value of available securities	$ 92,939,751	$ 103,526,254

Gross Unrealized Losses on Inve

Gross Unrealized Losses on Investment Securities and Corresponding Fair Values by Investment Category and Length of Time that Securities have been in Continuous Unrealized Loss Position (Detail) - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months Gross unrealized losses	$ 245,120	$ 2,707,418
Less than 12 months Fair value	15,629,126	65,613,686
12 months or longer Gross unrealized losses	810,863	399,531
12 months or longer Fair value	46,052,402	10,065,115
Total Gross unrealized losses	1,055,983	3,106,949
Total Fair value	61,681,528	75,678,801
US Government Agencies Debt Securities
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months Gross unrealized losses	11,208	995,320
Less than 12 months Fair value	3,988,792	17,004,680
12 months or longer Gross unrealized losses	189,419	151,563
12 months or longer Fair value	12,810,581	2,848,437
Total Gross unrealized losses	200,627	1,146,883
Total Fair value	16,799,373	19,853,117
Corporate Bond Securities
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months Gross unrealized losses	46,736
Less than 12 months Fair value	1,953,264
Total Gross unrealized losses	46,736
Total Fair value	1,953,264
Mortgage-backed securities
Schedule of Available-for-sale Securities [Line Items]
Less than 12 months Gross unrealized losses	187,176	1,712,098
Less than 12 months Fair value	9,687,070	48,609,006
12 months or longer Gross unrealized losses	621,444	247,968
12 months or longer Fair value	33,241,821	7,216,678
Total Gross unrealized losses	808,620	1,960,066
Total Fair value	$ 42,928,891	$ 55,825,684

Loans Receivable Excluding Loan

Loans Receivable Excluding Loans Held for Sale (Detail) - USD ($)		Mar. 31, 2015	Mar. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Real estate loans one to four family Residential		$ 49,864,923	$ 57,673,450
Real Estate loans residential construction		3,955,702	473,271
Real estate loans one to four family Investor	[1]	12,971,519	14,000,119
Real Estate loans commercial		59,273,398	41,406,424
Real Estate loans commercial construction		2,405,849	2,794,793
Real Estate loans total		128,471,391	116,348,057
Commercial		18,489,603	15,656,599
Home equity loans		12,261,292	11,660,531
Consumer		1,166,155	1,154,007
Total loans		160,388,441	144,819,194
Net deferred loan origination fees and costs		(103,247)	(119,630)
Allowance for loan losses		(1,690,236)	(1,785,973)
Loans receivable total		$ 158,594,958	$ 142,913,591
Percentage of total loans and leases receivable		100.00%	100.00%
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of total loans and leases receivable		12.00%	11.00%
Home equity loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of total loans and leases receivable		8.00%	8.00%
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of total loans and leases receivable		1.00%	1.00%
Real Estate Loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of total loans and leases receivable		79.00%	80.00%
Real Estate Loans | Commercial Real Estate Other Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of total loans and leases receivable		37.00%	28.00%
Real Estate Loans | Real estate loans, Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of total loans and leases receivable		1.00%	2.00%
Real Estate Loans | Real estate loans, One to four family | Residential Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of total loans and leases receivable		31.00%	40.00%
Real Estate Loans | Real estate loans, One to four family | Residential Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of total loans and leases receivable		2.00%	0.00%
Real Estate Loans | Real estate loans, One to four family | Investor
Accounts, Notes, Loans and Financing Receivable [Line Items]
Percentage of total loans and leases receivable	[1]	8.00%	10.00%
[1]	"Investor" loans are residential mortgage loans secured by non-owner occupied one- to four-family properties

Loans Receivable and Allowanc48

Loans Receivable and Allowance for Loan Losses - Additional Information (Detail) - USD ($)	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Accounts, Notes, Loans and Financing Receivable [Line Items]
Maximum percentage of appraised value of property against lending	90.00%
Limit over which private mortgage insurance is required	80.00%
Recorded investment balance, loan	$ 157,102,076	$ 137,953,424
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded investment TDR loan, charge-off		47,060
Recorded investment balance, loan	17,530,221	11,242,282
Commercial | Repossessed Assets | Subsequent Payment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded investment TDR loan, subsequent payment		122,500
Recorded investment balance, loan	10,533
Doubtful
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	0	0
Loss
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 0	$ 0

Balance of Allowance for Loan L

Balance of Allowance for Loan Losses by Portfolio Segment (Detail) - USD ($)	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, beginning balance	$ 1,785,973	$ 2,071,224
Provision for loan losses	170,000	1,873,557
Charge offs	323,393	2,275,927
Recoveries	57,656	117,119
Allowance, ending balance	1,690,236	1,785,973
Allowance, Individually evaluated for impairment	98,362	168,746
Allowance, Collectively evaluated for impairment	1,591,874	1,617,227
Loan Balance, Individually evaluated for impairment	8,851,210	10,987,334
Loan Balance, Collectively evaluated for impairment	151,537,231	133,831,860
Real estate loans, One to four family
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, beginning balance	528,362	372,390
Provision for loan losses	38,738	337,416
Charge offs	138,821	205,809
Recoveries	5,291	24,365
Allowance, ending balance	433,570	528,362
Allowance, Individually evaluated for impairment	97,632	168,487
Allowance, Collectively evaluated for impairment	335,938	359,875
Loan Balance, Individually evaluated for impairment	2,092,580	1,913,630
Loan Balance, Collectively evaluated for impairment	64,699,564	70,233,210
Commercial Real Estate Other Receivable
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, beginning balance	575,881	613,047
Provision for loan losses	9,936	(84,100)
Recoveries		46,934
Allowance, ending balance	585,817	575,881
Allowance, Collectively evaluated for impairment	585,817	575,881
Loan Balance, Individually evaluated for impairment	3,358,447	3,363,584
Loan Balance, Collectively evaluated for impairment	55,914,951	38,042,840
Real estate loans, Commercial
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, beginning balance	60,361	417,311
Provision for loan losses	7,474	643,050
Charge offs		1,000,000
Allowance, ending balance	67,835	60,361
Allowance, Collectively evaluated for impairment	67,835	60,361
Loan Balance, Individually evaluated for impairment	1,374,530	1,552,293
Loan Balance, Collectively evaluated for impairment	1,031,319	1,242,500
Commercial
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, beginning balance	590,975	635,840
Provision for loan losses	(82,390)	968,537
Charge offs	83,879	1,058,733
Recoveries	48,421	45,331
Allowance, ending balance	473,127	590,975
Allowance, Individually evaluated for impairment	730	259
Allowance, Collectively evaluated for impairment	472,397	590,716
Loan Balance, Individually evaluated for impairment	2,010,424	3,953,618
Loan Balance, Collectively evaluated for impairment	16,479,179	11,702,981
Home equity loans
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, beginning balance	27,181	31,484
Provision for loan losses	169,990	7,082
Charge offs	100,693	11,385
Recoveries	2,505
Allowance, ending balance	98,983	27,181
Allowance, Collectively evaluated for impairment	98,983	27,181
Loan Balance, Individually evaluated for impairment	15,229	204,209
Loan Balance, Collectively evaluated for impairment	12,246,063	11,456,322
Consumer
Financing Receivable, Allowance for Credit Losses [Line Items]
Allowance, beginning balance	3,213	1,152
Provision for loan losses	(3,925)	1,572
Recoveries	1,439	489
Allowance, ending balance	727	3,213
Allowance, Collectively evaluated for impairment	727	3,213
Loan Balance, Collectively evaluated for impairment	1,166,155	$ 1,154,007
Unallocated
Financing Receivable, Allowance for Credit Losses [Line Items]
Provision for loan losses	30,177
Allowance, ending balance	30,177
Allowance, Collectively evaluated for impairment	$ 30,177

Past Due Loans, Segregated by A

Past Due Loans, Segregated by Age and Class of Loans (Detail) - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans 30-59 days past due	$ 299,446	$ 700,697
Loans 60-89 days past due	893,199	3,415,468
Loans 90 or more days past due	2,093,720	2,749,605
Total past due loans	3,286,365	6,865,770
Current loans	157,102,076	137,953,424
Total loans	160,388,441	144,819,194
Accruing loans 90 or more days past due		801,295
Nonaccrual loans	2,254,523	4,239,721
Nonaccrual interest not accrued	124,082	110,956
Real estate loans, One to four family
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans 30-59 days past due	299,259	253,465
Loans 60-89 days past due	158,898
Loans 90 or more days past due	487,617	442,355
Total past due loans	945,774	695,820
Current loans	65,846,370	71,451,020
Total loans	66,792,144	72,146,840
Nonaccrual loans	639,191	442,355
Nonaccrual interest not accrued	28,338	29,409
Commercial Real Estate Other Receivable
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans 90 or more days past due		301,295
Total past due loans		301,295
Current loans	59,273,398	41,105,129
Total loans	59,273,398	41,406,424
Accruing loans 90 or more days past due		301,295
Real estate loans, Commercial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans 60-89 days past due		1,242,500
Loans 90 or more days past due	1,374,530
Total past due loans	1,374,530	1,242,500
Current loans	1,031,319	1,552,293
Total loans	2,405,849	2,794,793
Nonaccrual loans	1,374,530	1,552,293
Nonaccrual interest not accrued	11,975
Commercial
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans 30-59 days past due		439,603
Loans 60-89 days past due	733,809	2,172,968
Loans 90 or more days past due	225,573	1,801,746
Total past due loans	959,382	4,414,317
Current loans	17,530,221	11,242,282
Total loans	18,489,603	15,656,599
Accruing loans 90 or more days past due		500,000
Nonaccrual loans	225,573	2,040,864
Nonaccrual interest not accrued	82,789	71,850
Home equity loans
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans 90 or more days past due	6,000	204,209
Total past due loans	6,000	204,209
Current loans	12,255,292	11,456,322
Total loans	12,261,292	11,660,531
Nonaccrual loans	15,229	204,209
Nonaccrual interest not accrued	980	9,697
Consumer
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans 30-59 days past due	187	7,629
Loans 60-89 days past due	492
Total past due loans	679	7,629
Current loans	1,165,476	1,146,378
Total loans	$ 1,166,155	$ 1,154,007

Impaired Loans (Detail)

Impaired Loans (Detail) - USD ($)	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Financing Receivable, Modifications [Line Items]
Unpaid contractual principal balance	$ 11,002,442	$ 15,489,783
Recorded investment with no allowance	7,361,691	9,449,330
Recorded investment with allowance	1,489,519	1,538,004
Total recorded investment	8,851,210	10,987,334
Related allowance	98,362	168,746
Average recorded investment	10,164,009	12,760,833
Interest recognized	326,003	866,381
Real estate loans, One to four family
Financing Receivable, Modifications [Line Items]
Unpaid contractual principal balance	2,221,429	2,103,937
Recorded investment with no allowance	652,411	442,355
Recorded investment with allowance	1,440,169	1,471,275
Total recorded investment	2,092,580	1,913,630
Related allowance	97,632	168,487
Average recorded investment	2,176,952	2,015,371
Interest recognized	72,593	85,927
Commercial Real Estate Other Receivable
Financing Receivable, Modifications [Line Items]
Unpaid contractual principal balance	3,433,669	5,212,253
Recorded investment with no allowance	3,358,447	3,363,584
Total recorded investment	3,358,447	3,363,584
Average recorded investment	3,359,762	3,381,166
Interest recognized	157,242	278,249
Real estate loans, Commercial
Financing Receivable, Modifications [Line Items]
Unpaid contractual principal balance	2,549,027	2,552,293
Recorded investment with no allowance	1,374,530	1,552,293
Total recorded investment	1,374,530	1,552,293
Average recorded investment	1,775,778	2,546,048
Interest recognized		174,501
Commercial
Financing Receivable, Modifications [Line Items]
Unpaid contractual principal balance	2,730,393	5,405,706
Recorded investment with no allowance	1,961,074	3,886,889
Recorded investment with allowance	49,350	66,729
Total recorded investment	2,010,424	3,953,618
Related allowance	730	259
Average recorded investment	2,810,816	4,664,305
Interest recognized	96,056	319,389
Home equity loans
Financing Receivable, Modifications [Line Items]
Unpaid contractual principal balance	67,924	215,594
Recorded investment with no allowance	15,229	204,209
Total recorded investment	15,229	204,209
Average recorded investment	40,701	153,943
Interest recognized	$ 112	$ 8,315

Balances of Classified Loans Ba

Balances of Classified Loans Based on Risk Grade (Detail) - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Total recorded investment	$ 160,388,441	$ 144,819,194
Percentage of total loans	100.00%	100.00%
Real estate loans, One to four family
Financing Receivable, Recorded Investment [Line Items]
Total recorded investment	$ 66,792,144	$ 72,146,840
Commercial Real Estate Other Receivable
Financing Receivable, Recorded Investment [Line Items]
Total recorded investment	59,273,398	41,406,424
Real estate loans, Commercial
Financing Receivable, Recorded Investment [Line Items]
Total recorded investment	2,405,849	2,794,793
Commercial
Financing Receivable, Recorded Investment [Line Items]
Total recorded investment	18,489,603	15,656,599
Home equity loans
Financing Receivable, Recorded Investment [Line Items]
Total recorded investment	12,261,292	11,660,531
Consumer
Financing Receivable, Recorded Investment [Line Items]
Total recorded investment	1,166,155	1,154,007
Pass
Financing Receivable, Recorded Investment [Line Items]
Total recorded investment	$ 145,864,816	$ 127,482,726
Percentage of total loans	91.00%	88.00%
Pass | Real estate loans, One to four family
Financing Receivable, Recorded Investment [Line Items]
Total recorded investment	$ 64,467,025	$ 69,979,745
Pass | Commercial Real Estate Other Receivable
Financing Receivable, Recorded Investment [Line Items]
Total recorded investment	52,979,048	35,187,711
Pass | Real estate loans, Commercial
Financing Receivable, Recorded Investment [Line Items]
Total recorded investment	1,031,319	1,242,500
Pass | Commercial
Financing Receivable, Recorded Investment [Line Items]
Total recorded investment	13,966,656	8,462,441
Pass | Home equity loans
Financing Receivable, Recorded Investment [Line Items]
Total recorded investment	12,255,292	11,456,322
Pass | Consumer
Financing Receivable, Recorded Investment [Line Items]
Total recorded investment	1,165,476	1,154,007
Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total recorded investment	$ 7,742,067	$ 7,820,411
Percentage of total loans	4.80%	5.40%
Special Mention | Real estate loans, One to four family
Financing Receivable, Recorded Investment [Line Items]
Total recorded investment	$ 1,678,604	$ 1,724,740
Special Mention | Commercial Real Estate Other Receivable
Financing Receivable, Recorded Investment [Line Items]
Total recorded investment	2,935,904	2,855,129
Special Mention | Commercial
Financing Receivable, Recorded Investment [Line Items]
Total recorded investment	3,126,880	3,240,542
Special Mention | Consumer
Financing Receivable, Recorded Investment [Line Items]
Total recorded investment	679
Substandard
Financing Receivable, Recorded Investment [Line Items]
Total recorded investment	$ 6,781,558	$ 9,516,057
Percentage of total loans	4.20%	6.60%
Substandard | Real estate loans, One to four family
Financing Receivable, Recorded Investment [Line Items]
Total recorded investment	$ 646,515	$ 442,355
Substandard | Commercial Real Estate Other Receivable
Financing Receivable, Recorded Investment [Line Items]
Total recorded investment	3,358,446	3,363,584
Substandard | Real estate loans, Commercial
Financing Receivable, Recorded Investment [Line Items]
Total recorded investment	1,374,530	1,552,293
Substandard | Commercial
Financing Receivable, Recorded Investment [Line Items]
Total recorded investment	1,396,067	3,953,616
Substandard | Home equity loans
Financing Receivable, Recorded Investment [Line Items]
Total recorded investment	$ 6,000	$ 204,209

Summary of Troubled Debt Restru

Summary of Troubled Debt Restructurings (Detail)	12 Months Ended
	Mar. 31, 2015USD ($)Contract	Mar. 31, 2014USD ($)Contract
Financing Receivable, Modifications [Line Items]
Number of contracts | Contract	10	8
Troubled debt restructurings	$ 5,472,904	$ 2,414,752
Real estate loans, One to four family
Financing Receivable, Modifications [Line Items]
Number of contracts | Contract	5	5
Troubled debt restructurings	$ 1,440,217	$ 1,477,534
Commercial Real Estate Other Receivable
Financing Receivable, Modifications [Line Items]
Number of contracts | Contract	2
Troubled debt restructurings	$ 3,358,446
Commercial
Financing Receivable, Modifications [Line Items]
Number of contracts | Contract	3	3
Troubled debt restructurings	$ 674,241	$ 937,218
Performing
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	5,338,936	1,538,004
Performing | Real estate loans, One to four family
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	1,366,132	1,471,275
Performing | Commercial Real Estate Other Receivable
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	3,358,446
Performing | Commercial
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	614,358	66,729
Nonperforming
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	133,968	876,748
Nonperforming | Real estate loans, One to four family
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	74,085	6,259
Nonperforming | Commercial
Financing Receivable, Modifications [Line Items]
Troubled debt restructurings	$ 59,883	$ 870,489

Number of Contracts and Outstan

Number of Contracts and Outstanding Loan Balance at Time of Modification (Detail)	12 Months Ended
	Mar. 31, 2015USD ($)Contract	Mar. 31, 2014USD ($)Contract
Financing Receivable, Modifications [Line Items]
Number of contracts	10	8
TDR's added during the fiscal year
Financing Receivable, Modifications [Line Items]
Number of contracts	2	1
Outstanding recorded investment | $	$ 3,358,446	$ 72,104
Real estate loans, One to four family
Financing Receivable, Modifications [Line Items]
Number of contracts	5	5
Real estate loans, One to four family | TDR's added during the fiscal year
Financing Receivable, Modifications [Line Items]
Number of contracts		1
Outstanding recorded investment | $		$ 72,104
Commercial Real Estate Other Receivable
Financing Receivable, Modifications [Line Items]
Number of contracts	2
Commercial Real Estate Other Receivable | TDR's added during the fiscal year
Financing Receivable, Modifications [Line Items]
Number of contracts	2
Outstanding recorded investment | $	$ 3,358,446

Loans modified as TDRs (Detail)

Loans modified as TDRs (Detail) - 12 months ended Mar. 31, 2014 - Commercial	USD ($)Contract
Financing Receivable, Recorded Investment, Past Due [Line Items]
Number of Contracts	1
Recorded Investment | $	$ 196,667

Outstanding Commitments and Unu

Outstanding Commitments and Unused Lines of Credit (Detail) - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Commercial Lines Of Credit
Debt And Credit Agreements [Line Items]
Outstanding commitments and unused lines of credit	$ 8,074,686	$ 2,614,410
Home Equity Lines of Credit
Debt And Credit Agreements [Line Items]
Outstanding commitments and unused lines of credit	15,885,344	17,414,411
Consumer Lines Of Credit
Debt And Credit Agreements [Line Items]
Outstanding commitments and unused lines of credit	31,876	59,029
Residential Construction Loan
Debt And Credit Agreements [Line Items]
Outstanding commitments and unused lines of credit	5,325,095	976,829
Commercial Construction Loan
Debt And Credit Agreements [Line Items]
Outstanding commitments and unused lines of credit	1,129,681	47,021
Home equity loans
Debt And Credit Agreements [Line Items]
Outstanding commitments and unused lines of credit	337,000	142,200
Commercial
Debt And Credit Agreements [Line Items]
Outstanding commitments and unused lines of credit	269,000	2,589,249
Standby Letter of Credit
Debt And Credit Agreements [Line Items]
Outstanding commitments and unused lines of credit	$ 50,000	$ 50,000

Activity in Loans (Detail)

Activity in Loans (Detail) - USD ($)	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Related Party Transaction [Line Items]
Balance - Beginning of year	$ 672,414	$ 721,558
New loans and lines of credit advances	78,400	6,400
Principal repayments	(58,581)	(55,544)
Balance - End of year	$ 692,233	$ 672,414

Related Party Transactions - Ad

Related Party Transactions - Additional Information (Detail) - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Related Party Transaction [Line Items]
Credit available, under lines of credit	$ 0	$ 0
Deposits from officers and directors	1,697,936	1,850,454
Related Party
Related Party Transaction [Line Items]
Credit available, under lines of credit	$ 67,312	$ 6,150

Summary of Premises and Equipme

Summary of Premises and Equipment and Related Depreciation and Amortization (Detail) - USD ($)	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Property, Plant and Equipment [Line Items]
Gross premises and equipment	$ 4,936,534	$ 4,853,827
Accumulated depreciation and amortization	(2,964,186)	(2,752,240)
Net premises and equipment	1,972,348	2,101,587
Depreciation and amortization expense	252,723	310,935
Land
Property, Plant and Equipment [Line Items]
Gross premises and equipment	290,219	290,219
Office buildings and improvements
Property, Plant and Equipment [Line Items]
Gross premises and equipment	$ 2,869,429	2,825,293
Office buildings and improvements | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Office buildings and improvements | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	39 years
Furniture and equipment
Property, Plant and Equipment [Line Items]
Gross premises and equipment	$ 1,735,871	1,653,963
Furniture and equipment | Minimum
Property, Plant and Equipment [Line Items]
Estimated useful life	3 years
Furniture and equipment | Maximum
Property, Plant and Equipment [Line Items]
Estimated useful life	7 years
Automobiles
Property, Plant and Equipment [Line Items]
Estimated useful life	5 years
Gross premises and equipment	$ 41,015	$ 84,352

Premises and Equipment - Additi

Premises and Equipment - Additional Information (Detail) - USD ($)	1 Months Ended	12 Months Ended
	Dec. 31, 2013	Mar. 31, 2015	Mar. 31, 2014
Property, Plant and Equipment [Line Items]
Sale of building and land	$ 224,052	$ 23,500	$ 224,052
Recognized gain on sale of building and land	$ 82,518
Rental expense		$ 390,912	$ 387,535

Minimum Future Rental Commitmen

Minimum Future Rental Commitment (Detail)	Mar. 31, 2015USD ($)
Schedule Of Future Minimum Rental Payments For Operating Leases [Line Items]
2,016	$ 441,681
2,017	341,669
2,018	137,865
2,019	142,001
2,020	146,261
Total	$ 1,209,477

Goodwill and Other Intangible62

Goodwill and Other Intangible Assets - Additional Information (Detail) - USD ($)	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2013	Dec. 04, 2009
Goodwill And Other Intangible Assets [Line Items]
Total goodwill recorded	$ 2,664,432	$ 2,664,432	$ 2,664,432	$ 2,664,432
Total identifiable intangibles (core deposit intangible) recorded	$ 138,333	$ 171,333	$ 212,333	$ 434,000
Core deposit intangibles amortization period	10 years

Activity in Goodwill and Acquir

Activity in Goodwill and Acquired Intangible Assets Related to Branch Purchase (Detail) - USD ($)	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Goodwill And Other Intangible Assets [Line Items]
Goodwill, Beginning Balance	$ 2,664,432	$ 2,664,432
Amortization of Goodwill	0	0
Goodwill, Ending Balance	2,664,432	2,664,432
Core deposit intangible Beginning Balance	171,333	212,333
Amortization of Core deposit intangible	(33,000)	(41,000)
Core deposit intangible Ending Balance	$ 138,333	$ 171,333

Future Expected Annual Amortiza

Future Expected Annual Amortization Associated With Core Deposit Intangible (Detail) - USD ($)	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2013	Dec. 04, 2009
Finite Lived Intangible Assets Amortization Expense [Line Items]
2,016	$ 28,667
2,017	28,000
2,018	28,000
2,019	28,000
2,020	25,666
Total identifiable intangibles (core deposit intangible) recorded	$ 138,333	$ 171,333	$ 212,333	$ 434,000

Composition of Deposits and Rel

Composition of Deposits and Related Percentage Mix of Total Deposits (Detail) - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Interest Bearing Deposits [Line Items]
Savings	$ 16,933,011	$ 15,951,875
Noninterest-bearing checking	16,652,771	15,327,161
Interest-bearing checking	11,003,370	9,067,604
Money market accounts	28,033,238	28,382,326
Time deposits	149,696,502	170,091,205
Total deposits	$ 222,318,892	$ 238,820,171
Savings	8.00%	7.00%
Noninterest-bearing checking	7.00%	6.00%
Interest-bearing checking	5.00%	4.00%
Money market accounts	13.00%	12.00%
Time deposits	67.00%	71.00%
Total deposits	100.00%	100.00%

Deposits - Additional Informati

Deposits - Additional Information (Detail) - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Interest Bearing Deposits [Line Items]
Aggregate amount of time deposits	$ 60,613,903	$ 68,356,091

Schedule of Maturity of Time de

Schedule of Maturity of Time deposits (Detail) - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Time Deposits [Line Items]
Within one year	$ 86,141,923	$ 102,001,002
Over one year through two years	32,497,524	37,294,279
Over two years through three years	13,139,593	15,716,214
Over three years through four years	8,396,156	6,762,094
Over four years through five years	9,521,306	8,317,616
Time deposits maturities	$ 149,696,502	$ 170,091,205

Federal Home Loan Bank Advances

Federal Home Loan Bank Advances and Lines of Credit - Additional Information (Detail) - USD ($)	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Line of Credit Facility [Line Items]
Borrowings under lines of credit	$ 0	$ 0
Borrowing capacity as percentage of assets under credit agreement with FHLB	20.00%
Available credit from the FHLB	$ 50,140,000	58,100,000
Amount outstanding from the FHLB	0	$ 0
Secured Debt
Line of Credit Facility [Line Items]
Borrowing capacity	5,000,000
Unsecured Debt
Line of Credit Facility [Line Items]
Borrowing capacity	$ 1,000,000

Short Term Borrowings (Detail)

Short Term Borrowings (Detail) - Mar. 31, 2015 - USD ($)	Total
Short-term Debt [Line Items]
FHLB advance amount at period end	$ 6,000,000
Borrowing One
Short-term Debt [Line Items]
FHLB advance amount at period end	$ 2,000,000
FHLB advance, rate	0.21%
FHLB advance, maturity date	Jun. 3, 2015
Borrowing Two
Short-term Debt [Line Items]
FHLB advance amount at period end	$ 2,000,000
FHLB advance, rate	0.28%
FHLB advance, maturity date	Sep. 3, 2015
Borrowing Three
Short-term Debt [Line Items]
FHLB advance amount at period end	$ 2,000,000
FHLB advance, rate	0.43%
FHLB advance, maturity date	Mar. 3, 2016

Provisions for Income Taxes (De

Provisions for Income Taxes (Detail) - Entity [Domain] - USD ($)	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Current:
Federal	$ 111,039	$ (590,715)
State	(16,776)	(181,134)
Deferred income tax	(431,616)	(219,940)
Income tax expense	$ (337,353)	$ (991,789)

Reconciliation of Provision for

Reconciliation of Provision for Taxes (Detail) - Entity [Domain] - USD ($)	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Reconciliation of Provision of Income Taxes [Line Items]
Tax at statutory federal income tax rate	$ (221,565)	$ (743,639)
Tax effect of:
Tax-exempt income	(160,891)	(141,850)
State income taxes, net of federal benefit	(2,419)	(135,773)
Nondeductible expenses and other	47,522	29,473
Income tax expense	$ (337,353)	$ (991,789)

Summary of Tax Effects of Tempo

Summary of Tax Effects of Temporary Differences that Gave Rise to Deferred Tax Assets and Liabilities (Detail) - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Deferred tax assets:
Allowance for loan losses	$ 679,643	$ 712,296
Nonaccrual interest	216,259	114,876
Deferred compensation	218,424	287,695
Foreclosed real estate write downs	221,010	133,834
Deferred loan costs	45,911	59,282
Charitable contribution carryforward	33,953	28,596
Net operating loss carryforward	529,318	333,022
Stock based payment awards	45,609	17,550
Unrealized loss on investment securities available for sale	196,274	1,026,766
AMT credit carryover	170,033
Accumulated depreciation	43,078
Deferred Tax Assets, Gross, Total	2,399,512	2,713,917
Less valuation allowance	(10,509)	(2,418)
Deferred Tax Assets, Net of Valuation Allowance, Total	2,389,003	2,711,499
Deferred tax liabilities:
Accumulated depreciation		827
FHLB stock dividends	67,245	67,245
Goodwill and other intangible assets	317,926	249,464
Other	41,982	33,237
Deferred Tax Liabilities, Net, Total	427,153	350,773
Net deferred tax asset	$ 1,961,850	$ 2,360,726

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - Mar. 31, 2015 - Federal - USD ($)	Total
Income Tax Contingency [Line Items]
Net operating loss carryforwards	$ 1,139,286
Net operating loss carryforwards, expiration date	Mar. 31, 2034

Regulatory Capital Ratios - Add

Regulatory Capital Ratios - Additional Information (Detail)		12 Months Ended
		Mar. 31, 2015	Mar. 31, 2014
Tier 1 risk-based capital ratio		24.37%	27.28%
Total risk-based capital ratio			8.00%
Tier 1 leverage ratio			4.00%
Capital conservation buffer, risk-weighted assets ratio	[1]	5.00%	5.00%
Capital conservation buffer, phased period		4 years
January 1, 2016
Capital conservation buffer, risk-weighted assets ratio		0.625%
January 1, 2019
Capital conservation buffer, risk-weighted assets ratio		2.50%
Insured depository institutions
Capital adequacy requirements		Insured depository institutions are required to meet the following in order to qualify as "well capitalized" (1) a common equity Tier 1 risk-based capital ratio of 6.5%; (2) a Tier 1 risk-based capital ratio of 8%; (3) a total risk-based capital ratio of 10% and (4) a Tier 1 leverage ratio of 5%.
Total risk-based capital ratio		10.00%
Tier 1 leverage ratio		5.00%
Insured depository institutions | Maximum
Tier 1 risk-based capital ratio		8.00%
Insured depository institutions | Common Stock
Tier 1 risk-based capital ratio		6.50%
[1]	Under prompt corrective action provisions

Capital Ratios and Minimum Capi

Capital Ratios and Minimum Capital Requirements of Bank (Detail) - USD ($) $ in Thousands		Mar. 31, 2015	Mar. 31, 2014
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total risk-based capital (to risk-weighted assets), actual amount		$ 45,910	$ 45,800
Tier 1 capital (to risk-weighted assets), actual amount		44,187	44,014
Tier 1 capital (to adjusted total assets), actual amount		$ 44,187	$ 44,014
Total risk-based capital (to risk-weighted assets), actual ratio		25.32%	28.38%
Tier 1 capital (to risk-weighted assets), actual ratio		24.37%	27.28%
Tier 1 capital (to adjusted total assets), actual ratio		15.82%	15.10%
Total risk-based capital (to risk-weighted assets), minimum capital requirement amount			$ 12,908
Tier 1 capital (to risk-weighted assets), minimum capital requirement amount			6,454
Tier 1 capital (to adjusted total assets), minimum capital requirement amount			$ 11,660
Total risk-based capital (to risk-weighted assets), minimum capital requirement ratio			8.00%
Tier 1 capital (to risk-weighted assets), minimum capital requirement ratio			4.00%
Tier 1 capital (to adjusted total assets), minimum capital requirement ratio			4.00%
Total risk-based capital (to risk-weighted assets), to be well capitalized amount	[1]	$ 18,134	$ 16,135
Tier 1 capital (to risk-weighted assets), to be well capitalized amount	[1]	14,508	9,681
Tier 1 capital (to adjusted total assets), to be well capitalized amount	[1]	$ 13,960	$ 14,575
Total risk-based capital (to risk-weighted assets), to be well capitalized ratio	[1]	10.00%	10.00%
Tier 1 capital (to risk-weighted assets), to be well capitalized ratio	[1]	8.00%	6.00%
Tier 1 capital (to adjusted total assets), to be well capitalized ratio	[1]	5.00%	5.00%
Basel III Fully Phase-In
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total risk-based capital (to risk-weighted assets), minimum capital requirement amount		$ 19,041
Tier 1 capital (to risk-weighted assets), minimum capital requirement amount		15,414
Tier 1 capital (to adjusted total assets), minimum capital requirement amount		$ 11,168
Total risk-based capital (to risk-weighted assets), minimum capital requirement ratio		10.50%
Tier 1 capital (to risk-weighted assets), minimum capital requirement ratio		8.50%
Tier 1 capital (to adjusted total assets), minimum capital requirement ratio		4.00%
Basel III Phase-In
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Total risk-based capital (to risk-weighted assets), minimum capital requirement amount		$ 14,508
Tier 1 capital (to risk-weighted assets), minimum capital requirement amount		10,881
Tier 1 capital (to adjusted total assets), minimum capital requirement amount		$ 11,168
Total risk-based capital (to risk-weighted assets), minimum capital requirement ratio		8.00%
Tier 1 capital (to risk-weighted assets), minimum capital requirement ratio		6.00%
Tier 1 capital (to adjusted total assets), minimum capital requirement ratio		4.00%
Common Stock
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 capital (to risk-weighted assets), actual amount		$ 44,187
Tier 1 capital (to risk-weighted assets), actual ratio		24.37%
Tier 1 capital (to risk-weighted assets), to be well capitalized amount	[1]	$ 11,787
Tier 1 capital (to risk-weighted assets), to be well capitalized ratio	[1]	6.50%
Common Stock | Basel III Fully Phase-In
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 capital (to risk-weighted assets), minimum capital requirement amount		$ 12,694
Tier 1 capital (to risk-weighted assets), minimum capital requirement ratio		7.00%
Common Stock | Basel III Phase-In
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 capital (to risk-weighted assets), minimum capital requirement amount		$ 8,160
Tier 1 capital (to risk-weighted assets), minimum capital requirement ratio		4.50%
[1]	Under prompt corrective action provisions

Investment Securities Availab76

Investment Securities Available for Sale, Measurements on Recurring Basis (Detail) - Fair Value, Measurements, Recurring - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investment securities available for sale	$ 92,939,751	$ 103,553,274
US Government Agencies Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investment securities available for sale	17,311,947
Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investment securities available for sale	2,317,130	3,337,560
Corporate Bond Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investment securities available for sale	1,953,264
Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investment securities available for sale	71,357,410	76,775,589
U.S. government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investment securities available for sale		23,413,105
FHLMC stock
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investment securities available for sale		27,020
Level 1 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investment securities available for sale		27,020
Level 1 Inputs | FHLMC stock
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investment securities available for sale		27,020
Level 2 Inputs
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investment securities available for sale	92,939,751	103,526,254
Level 2 Inputs | US Government Agencies Debt Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investment securities available for sale	17,311,947
Level 2 Inputs | Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investment securities available for sale	2,317,130	3,337,560
Level 2 Inputs | Corporate Bond Securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investment securities available for sale	1,953,264
Level 2 Inputs | Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investment securities available for sale	$ 71,357,410	76,775,589
Level 2 Inputs | U.S. government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total investment securities available for sale		$ 23,413,105

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Line Items]
Fair value of loan written down	$ 98,362	$ 168,746
Fair value of foreclosed real estate	455,575	664,020
Fair Value, Measurements, Nonrecurring
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis [Line Items]
Fair value of loan balances	8,851,210	10,987,334
Fair value of loan written down	98,362	168,746
Fair value of foreclosed real estate	$ 455,575	$ 664,020

Impaired Loans and Foreclosed R

Impaired Loans and Foreclosed Real Estate, Measurements on Nonrecurring Basis (Detail) - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 8,851,210	$ 10,987,334
Foreclosed real estate	455,575	664,020
Fair Value, Measurements, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	8,752,848	10,818,588
Foreclosed real estate	455,575	664,020
Total impaired loans and foreclosed real estate	9,208,423	11,482,608
Level 3 Inputs | Fair Value, Measurements, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	8,752,848	10,818,588
Foreclosed real estate	455,575	664,020
Total impaired loans and foreclosed real estate	$ 9,208,423	$ 11,482,608

Reconciliation of Beginning and

Reconciliation of Beginning and Ending Balance of Foreclosed Real Estate, Measured on Nonrecurring Basis using Significant Unobservable Inputs (Detail) - USD ($)	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Transfer to foreclosed real estate	$ 12,560	$ 1,003,314
Proceeds from sale of foreclosed real estate		(601,250)
Level 3 Inputs | Fair Value, Measurements, Nonrecurring
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Line Items]
Beginning balance	664,020	755,659
Transfer to foreclosed real estate	12,560	1,003,314
Proceeds from sale of foreclosed real estate		(601,250)
Loss on sale of foreclosed real estate		(154,409)
Write down of foreclosed real estate	(221,005)	(339,294)
Ending balance	$ 455,575	$ 664,020

Calculation of Estimated Fair V

Calculation of Estimated Fair Values Based on Market Conditions at Specific Point of Time (Detail) - USD ($)	Mar. 31, 2015	Mar. 31, 2014
Financial assets
Federal Home Loan Bank stock	$ 522,700	$ 266,000
Bank-owned life insurance	12,359,969	12,002,078
Financial liabilities
Advance payments by borrowers for taxes and insurance	619,028	669,797
Deposits	222,318,892	238,820,171
Fair value | Level 1 Inputs
Financial assets
Cash and cash equivalents	16,643,888	33,073,310
Financial liabilities
Advance payments by borrowers for taxes and insurance	619,028	669,797
Deposits	222,880,492	239,452,889
Fair value | Level 2 Inputs
Financial assets
Loans held for sale	591,670
Federal Home Loan Bank stock	522,700	266,000
Bank-owned life insurance	12,359,969	12,002,078
Fair value | Level 3 Inputs
Financial assets
Loans receivable, net	160,612,436	145,442,441
Financial liabilities
Borrowings	5,999,250
Carrying amount
Financial assets
Cash and cash equivalents	16,643,888	33,073,310
Loans held for sale	581,139
Federal Home Loan Bank stock	522,700	266,000
Bank-owned life insurance	12,359,969	12,002,078
Loans receivable, net	158,594,958	142,913,591
Financial liabilities
Advance payments by borrowers for taxes and insurance	619,028	669,797
Deposits	222,318,892	$ 238,820,171
Borrowings	$ 6,000,000

Defined Contribution Retireme81

Defined Contribution Retirement Plan - Additional information (Detail) - 401 (k) Plan	12 Months Ended
	Mar. 31, 2015USD ($)Age	Mar. 31, 2014USD ($)
Defined Benefit Plan Disclosure [Line Items]
Full-time employees eligibility age | Age	18
Defined contribution retirement plan, minimum service period required for eligibility	1 year
Defined contribution retirement plan, percentage of contribution by the bank	3.00%
Defined contribution retirement plan, recorded expenses	$ 85,916	$ 95,785

Employee Stock Ownership Plan -

Employee Stock Ownership Plan - Additional Information (Detail) - USD ($)	1 Months Ended	12 Months Ended
	Oct. 31, 2012	Mar. 31, 2015	Mar. 31, 2014	Oct. 10, 2012
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Employee stock ownership plan, number of shares could be purchased		44,436	29,624	296,240
Employee stock ownership plan, acquired price per share				$ 10
Employee stock ownership plan, loan repayment term		20 years
Employee stock ownership plan, loan interest rate		3.25%
Employee stock ownership plan compensation expense		$ 191,771	$ 211,345
Employee Stock Ownership Plan
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Employee stock ownership plan borrowed funds amount	$ 2,962,400
Employee stock ownership plan, number of shares could be purchased	296,240
Employee stock ownership plan, percentage of common stock issued in the offering	8.00%
Employee stock ownership plan, acquired price per share	$ 10
Employee stock ownership plan, vesting percentage		20.00%
Employee stock ownership plan, years of credited service		5 years
Employee Stock Ownership Plan | Completion of Five Years of Credited Services
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Employee stock ownership plan, vesting percentage		100.00%

Summary of Employee Stock Owner

Summary of Employee Stock Ownership Plan Shares (Detail) - USD ($)	Mar. 31, 2015	Mar. 31, 2014	Oct. 10, 2012
Employee Stock Ownership Plan (ESOP) Disclosures [Line Items]
Shares allocated to employees	44,436	29,624	296,240
Unearned shares	251,804	266,616
Total ESOP shares	296,240	296,240
Fair value of unearned shares	$ 3,444,679	$ 3,732,624

Stock Option Plans - Additional

Stock Option Plans - Additional Information (Detail)	9 Months Ended	12 Months Ended
	Dec. 31, 2014USD ($)	Mar. 31, 2015USD ($)Installment$ / sharesshares	Mar. 31, 2014USD ($)shares	Nov. 30, 2013shares
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of restricted stock awards granted during the period		6,500
Number of restricted stock awards Outstanding		66,500	77,250
2013 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of stock options granted during the period		219,650
Compensation cost, stock option plan | $		$ 209,209	$ 34,868
Fair value of the options granted | $ / shares		$ 4.65
Unrecognized compensation cost related to non-vested stock options | $	$ 801,969
Outstanding stock options, intrinsic value | $	$ 0
Restricted stock awards expense | $		$ 210,920	$ 35,663
2013 Equity Incentive Plan | Stock options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of common stock shares approved for issuance				370,300
Number of vesting annual installments | Installment		5
Award vesting percentage on first anniversary		20.00%
Date of award exercisable on first anniversary of grant		Feb. 3, 2015
Award exercisable end date		Feb. 3, 2019
Unrecognized compensation cost related to non-vested stock, period for recognition	3 years 9 months 18 days
2013 Equity Incentive Plan | Stock options | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options, expiration term		10 years
2013 Equity Incentive Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of common stock shares approved for issuance				148,120
Number of restricted stock awards granted during the period		81,500
Number of restricted stock awards Outstanding		81,500
Number of vesting annual installments | Installment		5
Award vesting percentage on first anniversary		20.00%
Unrecognized compensation cost related to non-vested stock, period for recognition		4 years 3 months 18 days
Unrecognized compensation cost related to non-vested stock awards | $		$ 876,342

Weighted-Average Assumptions as

Weighted-Average Assumptions as of Grant Date for Options Granted (Detail) - 12 months ended Mar. 31, 2015	Total
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk free interest rate	2.07%
Expected term	7 years
Expected stock price volatility	27.30%
Dividend yield	0.00%

Summary of Stock Option Activit

Summary of Stock Option Activity (Detail) - $ / shares	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2013
Number of options
Outstanding at beginning of period	225,150
Granted		225,150
Exercised	0	0
Forfeited, exchanged or expired	(5,500)
Outstanding at end of period	219,650	225,150
Vested at end of period	43,930
Weighted Average Exercise price
Outstanding at beginning of period	$ 13.85
Granted		$ 13.85
Exercised	0	0
Forfeited, exchanged or expired	13.85
Outstanding at end of period	13.85	13.85
Vested at end of period	$ 13.85	$ 13.85
Weighted Average Remaining Contractual Term
Weighted Average Remaining Contractual Term, Outstanding	8 years 9 months 18 days	9 years 9 months 18 days
Weighted Average Remaining Contractual Term, Outstanding	8 years 9 months 18 days	9 years 9 months 18 days
Vested at end of period	8 years 9 months 18 days	9 years 9 months 18 days

Summary of Changes in Nonvested

Summary of Changes in Nonvested Shares (Detail) - 12 months ended Mar. 31, 2015 - Restricted Stock - USD ($)	Total
Shares
Nonvested at April 1, 2014	77,250
Granted	6,500
Vested	(15,000)
Forfeited	(2,250)
Nonvested at March 31, 2015	66,500
Fair value of shares vested	$ 205,200
Weighted-Average Grant-Date Fair Value
Nonvested at April 1, 2014	$ 13.85
Granted	12.95
Vested	13.85
Forfeited	13.85
Nonvested at March 31, 2015	$ 13.76

Schedule of Nonvested Restricte

Schedule of Nonvested Restricted Stock Awards (Detail) - Restricted Stock - shares	Mar. 31, 2015	Mar. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Nonvested	66,500	77,250
2,016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Nonvested	16,300
2,017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Nonvested	16,300
2,018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Nonvested	16,300
2,019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Nonvested	16,300
2,020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Nonvested	1,300

Condensed Statement of Financia

Condensed Statement of Financial Condition (Detail) - USD ($)	Mar. 31, 2015	Mar. 31, 2014	Mar. 31, 2013
Assets
Cash and due from bank	$ 3,294,273	$ 3,471,505
Investment securities available-for-sale	92,939,751	103,553,274
Other assets	1,368,886	1,549,057
Total Assets	291,039,769	302,769,067
Liabilities	230,240,061	240,998,799
Shareholders' Equity
Common stock	34,177	35,951
Additional paid in capital	30,832,815	32,910,362
Retained earnings	32,752,071	33,066,380
Unearned ESOP shares	(2,518,040)	(2,666,160)
Accumulated other comprehensive income	(301,315)	(1,576,265)
Total Shareholders' Equity	60,799,708	61,770,268	$ 67,435,611
Total Liabilities and Shareholders' Equity	291,039,769	302,769,067
Parent Company
Assets
Cash and due from bank	10,296,338	8,750,970
Investment securities available-for-sale	981,710	4,913,669
ESOP loan receivable	2,565,219	2,676,994
Investment in bank subsidiary	46,910,011	45,325,948
Other assets	124,242	102,687
Total Assets	60,877,520	61,770,268
Liabilities	77,812
Shareholders' Equity
Common stock	34,177	35,951
Additional paid in capital	30,832,815	32,910,362
Retained earnings	32,752,071	33,066,380
Unearned ESOP shares	(2,518,040)	(2,666,160)
Accumulated other comprehensive income	(301,315)	(1,576,265)
Total Shareholders' Equity	60,799,708	61,770,268
Total Liabilities and Shareholders' Equity	$ 60,877,520	$ 61,770,268

Condensed Statement of Operatio

Condensed Statement of Operations (Detail) - USD ($)	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Condensed Financial Statements, Captions [Line Items]
Interest income	$ 9,388,462	$ 10,235,967
Noninterest revenue
Gain on sale of investment securities	271,551	171,890
Noninterest expenses
Legal	279,520	484,689
Other professional services	374,520	511,524
Merger related expenses	73,505
Other operating	1,304,657	1,159,836
Total noninterest expense	9,294,150	9,688,996
Loss before income tax benefit and equity in net loss of bank subsidiary	(651,662)	(2,187,173)
Income tax benefit	(337,353)	(991,789)
Net Loss	(314,309)	(1,195,384)
Parent Company
Condensed Financial Statements, Captions [Line Items]
Interest income	141,594	141,392
Noninterest revenue
Gain on sale of investment securities	40,906
Noninterest expenses
Legal	72,502	56,625
Other professional services	60,511	28,040
Merger related expenses	73,505
Other operating	124,579	96,974
Total noninterest expense	331,097	181,639
Loss before income tax benefit and equity in net loss of bank subsidiary	(148,597)	(40,247)
Income tax benefit	(54,960)	(13,684)
Loss before equity in net loss of bank subsidiary	(93,637)	(26,563)
Equity in net loss of bank subsidiary	(220,672)	(1,168,821)
Net Loss	(314,309)	(1,195,384)
Bank Deposits | Parent Company
Condensed Financial Statements, Captions [Line Items]
Interest income	9,277	10,068
Investment | Parent Company
Condensed Financial Statements, Captions [Line Items]
Interest income	46,223	41,683
ESOP loan | Parent Company
Condensed Financial Statements, Captions [Line Items]
Interest income	$ 86,094	$ 89,641

Condensed Statement of Cash Flo

Condensed Statement of Cash Flows (Detail) - USD ($)	12 Months Ended
	Mar. 31, 2015	Mar. 31, 2014
Cash flows from operating activities:
Net loss	$ (314,309)	$ (1,195,384)
Adjustments to reconcile net loss to net cash used by operating activities:
Gain on sale of investment securities	(271,551)	(171,890)
Increase in other assets	(180,171)	161,638
Increase in other liabilities	(206,687)	(83,381)
Net cash provided by operating activities	347,103	2,201,450
Cash flows from investing activities:
Proceeds from sale of securities available for sale	11,776,244	13,224,898
Proceeds from maturing and called securities available for sale, including principal pay downs	23,994,244	21,309,689
Purchase of investment securities available-for-sale	(23,242,712)	(27,649,576)
Net cash provided (used) by investing activities	(3,698,119)	21,042,203
Cash flows from financing activities:
Repurchase of common stock	(2,526,358)	(2,753,180)
Net cash used by financing activities	(13,078,406)	(24,139,087)
Net increase (decrease) in cash and cash equivalents	(16,429,422)	(895,434)
Cash and cash equivalents at beginning of period	33,073,310	33,968,744
Cash and cash equivalents at end of period	16,643,888	33,073,310
Parent Company
Cash flows from operating activities:
Net loss	(314,309)	(1,195,384)
Adjustments to reconcile net loss to net cash used by operating activities:
Equity in undistributed net loss of subsidiary	220,672	1,168,821
Accretion of discount on investment securities	(10,040)	(1,108)
Gain on sale of investment securities	(40,906)
Increase in other assets	(48,392)
Increase in other liabilities	77,812	(20,941)
Net cash provided by operating activities	(115,163)	(48,612)
Cash flows from investing activities:
Principal collected on ESOP loan	111,775	108,258
Proceeds from sale of securities available for sale	1,970,000
Proceeds from maturing and called securities available for sale, including principal pay downs	4,000,000	1,000,000
Purchase of investment securities available-for-sale	(1,919,054)
Net cash provided (used) by investing activities	4,162,721	1,108,258
Cash flows from financing activities:
Repurchase of common stock	(2,502,190)	(2,753,180)
Net cash used by financing activities	(2,502,190)	(2,753,180)
Net increase (decrease) in cash and cash equivalents	1,545,368	(1,693,534)
Cash and cash equivalents at beginning of period	8,750,970	10,444,504
Cash and cash equivalents at end of period	$ 10,296,338	$ 8,750,970