Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | Note 5: Loans Receivable and Allowance for Loan Losses Loans receivable, excluding loans held for sale, consist of the following at June 30, 2018 March 31, 2018: June 30, 2018 March 31, 2018 Legacy (1) Acquired Total Loans % of Total Legacy (1) Acquired Total Loans % of Total Real estate loans: One-to four-family: Residential (2) $ 84,252,950 $ 70,509,208 $ 154,762,158 41 % $ 85,248,184 $ 72,749,066 $ 157,997,250 41 % Residential construction 5,636,504 - 5,636,504 1 % 5,450,827 - 5,450,827 1 % Investor (3) 8,822,670 17,210,983 26,033,653 7 % 9,275,031 17,460,809 26,735,840 7 % Commercial 102,659,016 10,486,192 113,145,208 30 % 100,403,769 11,762,485 112,166,254 29 % Commercial construction 2,550,462 854,370 3,404,832 1 % 5,763,784 1,352,019 7,115,803 2 % Total real estate loans 203,921,602 99,060,753 302,982,355 80 % 206,141,595 103,324,379 309,465,974 80 % Commercial business (4) 37,061,370 1,905,770 38,967,140 10 % 38,302,739 1,841,226 40,143,965 10 % Home equity loans 13,735,464 5,475,308 19,210,772 5 % 13,956,327 6,039,462 19,995,789 5 % Consumer (5) 17,861,626 739,300 18,600,926 5 % 18,849,448 766,063 19,615,511 5 % Total Loans 272,580,062 107,181,131 379,761,193 100 % 277,250,109 111,971,130 389,221,239 100 % Net deferred loan origination fees and costs (204,650 ) - (204,650 ) (212,746 ) - (212,746 ) Loan premium (discount) 1,844,408 (356,912 ) 1,487,496 1,922,428 (510,036 ) 1,412,392 $ 274,219,820 $ 106,824,219 $ 381,044,039 $ 278,959,791 $ 111,461,094 $ 390,420,885 ( 1 As a result of the acquisition of Fraternity Community Bancorp, Inc., the parent company of Fraternity Federal Savings and Loan, in May 2016 September 2015, two ( 2 "Legacy" one four March 31, 2018 $19.2 second 2018. ( 3 "Investor" loans are residential mortgage loans secured by non-owner occupied one four ( 4 "Legacy" commercial business loans at March 31, 2018 $15.5 June 2017 $3.2 second 2018. ( 5 "Legacy" consumer loans at March 31, 2018 $19.9 August December 2017. 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 75% 95% 80%. Commercial business loans are made to provide funds for equipment and general corporate needs. Repayment of a loan primarily uses the funds obtained from the operation of the borrower’s business. Commercial loans also include lines of credit that are utilized to finance a borrower’s short-term credit needs and/or to finance a percentage of eligible receivables and inventory. The Company’s loan portfolio also includes equipment leases, which consists of leases for essential commercial equipment used by small to medium sized businesses. The home equity loans consist of both conforming loans and revolving lines of credit to consumers which are secured by residential real estate. These loans are typically secured with second may The following table details activity in the allowance for loan losses by portfolio segment for the three June 30, 2018 2017. not not June 30, 2018 Three Months Ended June 30, 2018 Residential Real Estate Investor Real Estate Commercial Real Estate Commercial Construction Commercial Business Home Equity Consumer Total Allowance for credit losses: Beginning balance $ 608,723 $ 51,690 $ 1,253,383 $ 33,430 $ 673,982 $ 69,459 $ 131,236 $ 2,821,903 Charge-offs (8,047 ) (5,580 ) (31,320 ) - - - (2,465 ) (47,412 ) Recoveries 767 65 - - - - 1,664 2,496 Provision for credit losses (232 ) 17,331 133,823 (18,637 ) (64,610 ) (1,192 ) (6,483 ) 60,000 Ending balance $ 601,211 $ 63,506 $ 1,355,886 $ 14,793 $ 609,372 $ 68,267 $ 123,952 $ 2,836,987 Allowance allocated to: Legacy Loans: Individually evaluated for impairment $ 261,902 $ - $ - $ - $ - $ - $ - $ 261,902 Collectively evaluated for impairment 339,309 63,506 1,355,886 14,793 609,372 68,267 123,952 2,575,085 Acquired Loans: Individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - $ - Collectively evaluated for impairment - - - - - - - - June 30, 2017 Three Months Ended June 30, 2017 Residential Real Estate Investor Real Estate Commercial Real Estate Commercial Construction Commercial Business Home Equity Consumer Total Allowance for credit losses: Beginning balance $ 553,539 $ 35,275 $ 1,375,894 $ 9,031 $ 149,461 $ 70,071 $ 1,544 $ 2,194,815 Charge-offs - (4,078 ) - - - - - (4,078 ) Recoveries - 5,307 - - 175 - 1,309 6,791 Provision for credit losses (8,982 ) 27,967 (63,736 ) 17,956 193,458 (5,410 ) (1,253 ) 160,000 Ending balance $ 544,557 $ 64,471 $ 1,312,158 $ 26,987 $ 343,094 $ 64,661 $ 1,600 $ 2,357,528 Allowance allocated to: Legacy Loans: Individually evaluated for impairment $ 278,573 $ - $ - $ - $ - $ - $ - $ 278,573 Collectively evaluated for impairment 265,984 64,471 1,312,158 26,987 343,094 64,661 1,600 2,078,955 Acquired Loans: Individually evaluated for impairment $ - $ - $ - $ - $ - $ - $ - $ - Collectively evaluated for impairment - - - - - - - - Our recorded investment in loans at June 30, 2018 2017 June 30, 2018 Residential Real Estate Investor Real Estate Commercial Real Estate Commercial Construction Commercial Business Home Equity Consumer Total Loans: Legacy Loans: Individually evaluated for impairment $ 1,784,758 $ 58,599 $ 7,505,365 $ - $ 858,762 $ 7,408 $ 19,853 $ 10,234,745 Collectively evaluated for impairment 88,104,696 8,764,071 95,153,651 2,550,462 36,202,608 13,728,056 17,841,773 262,345,317 Ending balance $ 89,889,454 $ 8,822,670 $ 102,659,016 $ 2,550,462 $ 37,061,370 $ 13,735,464 $ 17,861,626 $ 272,580,062 Acquired Loans: Individually evaluated for impairment $ 892,087 $ 433,174 $ 197,259 $ - $ - $ - $ 58,706 $ 1,581,226 Collectively evaluated for impairment 69,617,121 16,777,808 10,288,933 854,370 1,905,770 5,475,308 680,595 105,599,905 Ending balance $ 70,509,208 $ 17,210,982 $ 10,486,192 $ 854,370 $ 1,905,770 $ 5,475,308 $ 739,301 $ 107,181,131 June 30, 2017 Residential Real Estate Investor Real Estate Commercial Real Estate Commercial Construction Commercial Business Home Equity Consumer Total Loans: Legacy Loans: Individually evaluated for impairment $ 1,762,599 $ 7,772 $ 1,546,811 $ - $ 723,753 $ 10,980 $ - $ 4,051,915 Collectively evaluated for impairment 73,656,157 7,803,689 91,081,612 2,326,457 34,615,330 14,105,667 2,135,569 225,724,481 Ending balance $ 75,418,756 $ 7,811,461 $ 92,628,423 $ 2,326,457 $ 35,339,083 $ 14,116,647 $ 2,135,569 $ 229,776,396 Acquired Loans: Individually evaluated for impairment $ 1,177,729 $ 183,728 $ 203,215 $ - $ - $ - $ 68,772 $ 1,633,444 Collectively evaluated for impairment 79,118,824 18,249,669 14,196,187 1,191,507 2,037,264 6,668,685 859,928 122,322,064 Ending balance $ 80,296,553 $ 18,433,397 $ 14,399,402 $ 1,191,507 $ 2,037,264 $ 6,668,685 $ 928,700 $ 123,955,508 Past due loans, segregated by age and class of loans, as of June 30, 2018 March 31, 2018, June 30, 2018 March 31, 2018 Legacy Acquired Total Legacy Acquired Total Current $ 263,581,744 $ 105,746,394 $ 369,328,138 $ 270,807,643 $ 109,972,473 $ 380,780,116 Accruing past due loans: 30-59 days past due: Real estate loans: Residential 74,733 82,995 157,728 63,618 689,364 752,982 Investor - - - - - - Commercial - - - - - - Commercial construction - - - - - - Commercial business 14,573 - 14,573 135,502 - 135,502 Home equity loans - - - - - - Consumer 28,161 28,005 56,166 148,876 - 148,876 Total 30-59 days past due 117,467 111,000 228,467 347,996 689,364 1,037,360 60-89 days past due: Real estate loans: Residential 26,172 - 26,172 70,291 - 70,291 Investor - - - - - - Commercial - - - - - - Commercial construction - - - - - - Commercial business - - - 134,524 - 134,524 Home equity loans - - - - - - Consumer - - - 28,300 - 28,300 Total 60-89 days past due 26,172 - 26,172 233,115 - 233,115 90 or more days past due: Real estate loans: Residential - - - - - - Investor 515,243 517,040 1,032,283 734,818 471,423 1,206,241 Commercial - 197,259 197,259 - - - Commercial construction - - - - - - Commercial business - - - - - - Home equity loans - - - - - - Consumer - - - - - - Total 90 or more days past due 515,243 714,299 1,229,542 734,818 471,423 1,206,241 Total accruing past due loans 658,882 825,299 1,484,181 1,315,929 1,160,787 2,476,716 Non-accruing loans: Real estate loans: Residential 515,611 315,038 830,649 526,584 338,060 864,644 Investor 58,599 294,400 352,999 60,949 300,872 361,821 Commercial 7,505,364 - 7,505,364 4,356,264 198,938 4,555,202 Commercial construction - - - - - - Commercial business 240,009 - 240,009 165,285 - 165,285 Home equity loans - - - 12,605 - 12,605 Consumer 19,853 - 19,853 4,850 - 4,850 Non-accruing loans: 8,339,436 609,438 8,948,874 5,126,537 837,870 5,964,407 Total Loans $ 272,580,062 $ 107,181,131 $ 379,761,193 $ 277,250,109 $ 111,971,130 $ 389,221,239 Nonaccrual interest not accrued: Real estate loans: Residential $ 2,248 $ 4,308 $ 6,556 $ 8,250 $ 53,120 $ 61,370 Investor 969 4,138 5,107 8,513 15,604 24,117 Commercial 184,891 - 184,891 294,619 - 294,619 Commercial construction - - - - - - Commercial business 7,462 - 7,462 12,891 - 12,891 Home equity loans - - - 436 - 436 Consumer 446 - 446 385 - 385 Total nonaccrual interest not accrued $ 196,016 $ 8,446 $ 204,462 $ 325,094 $ 68,724 $ 393,818 Impaired Loans as of and for the three June 30, 2018 2017, March 31, 2018, Impaired Loans at June 30, 2018 Three Months Ended June 30, 2018 Unpaid Contractual Average Interest Principal Recorded Related Recorded Income Balance Investment Allowance Investment Recognized Legacy: With no related allowance recorded: Real estate loans: Residential $ 630,805 $ 484,375 $ - $ 490,726 $ 10,492 Investor 124,696 58,599 - 59,355 1,312 Commercial 9,565,282 7,505,365 - 5,957,014 53,278 Commercial construction - - - Commercial business 1,619,151 858,762 - 827,871 8,863 Home equity loans 34,472 7,408 - 17,016 953 Consumer 22,382 19,853 - 19,577 - With an allowance recorded: Real estate loans: Residential 1,327,589 1,300,383 261,902 1,312,130 13,834 Investor - - - - - Commercial - - - - - Commercial construction - - - - - Commercial business - - - - - Home equity loans - - - - - Consumer - - - - - Total legacy impaired 13,324,377 10,234,745 261,902 8,683,689 88,732 Acquired (1): With no related allowance recorded: Real estate loans: Residential 1,052,825 892,087 - 936,819 10,156 Investor 755,381 433,174 - 437,401 9,184 Commercial 247,259 197,259 - 198,098 1,863 Commercial construction - - - - - Commercial business - - - - - Home equity loans 39,418 - - - 419 Consumer 93,577 58,706 - 59,571 2,418 With an allowance recorded: Real estate loans: Residential - - - - - Investor - - - - - Commercial - - - - - Commercial construction - - - - - Commercial business - - - - - Home equity loans - - - - - Consumer - - - - - Total acquired impaired 2,188,460 1,581,226 - 1,631,889 24,040 Total impaired $ 15,512,837 $ 11,815,971 $ 261,902 $ 10,315,578 $ 112,772 ( 1 Generally accepted accounting principles require that we record acquired loans at fair value at acquisition, which includes a discount for loans with credit impairment. These purchased credit impaired loans are not not Impaired Loans at June 30, 2017 Three Months Ended June 30, 2017 Unpaid Contractual Average Interest Principal Recorded Related Recorded Income Balance Investment Allowance Investment Recognized Legacy: With no related allowance recorded: Real estate loans: Residential $ 581,380 $ 449,473 $ - $ 453,305 $ 288 Investor 50,947 7,772 - 7,847 - Commercial 3,433,621 1,546,811 - 1,546,812 - Commercial construction - - - - - Commercial business 1,138,939 723,753 - 740,966 25,151 Home equity loans 36,734 10,980 - 11,510 93 Consumer - - - - - With an allowance recorded: Real estate loans: Residential 1,340,394 1,313,126 278,573 1,317,495 12,802 Investor - - - - - Commercial - - - - - Commercial construction - - - - - Commercial business - - - - - Home equity loans - - - - - Consumer - - - - - Total legacy impaired 6,582,015 4,051,915 278,573 4,077,935 38,334 Acquired (1): With no related allowance recorded: Real estate loans: Residential 1,370,261 1,177,729 - 1,184,445 11,221 Investor 333,362 183,728 - 168,815 3,102 Commercial 253,215 203,215 - 203,870 1,912 Commercial construction - - - - - Commercial business - - - - - Home equity loans 44,852 - - - 288 Consumer 107,670 68,772 - 70,988 1,927 With an allowance recorded: Real estate loans: Residential - - - - - Investor - - - - - Commercial - - - - - Commercial construction - - - - - Commercial business - - - - - Home equity loans - - - - - Consumer - - - - - Total acquired impaired 2,109,360 1,633,444 - 1,628,118 18,450 Total impaired $ 8,691,375 $ 5,685,359 $ 278,573 $ 5,706,053 $ 56,784 ( 1 Generally accepted accounting principles require that we record acquired loans at fair value at acquisition, which includes a discount for loans with credit impairment. These purchased credit impaired loans are not not Impaired Loans at March 31, 2018 For the Year Ended March 31, 2018 Unpaid Contractual Average Interest Principal Recorded Related Recorded Income Balance Investment Allowance Investment Recognized Legacy: With no related allowance recorded: Real estate loans: Residential $ 665,051 $ 517,600 $ - $ 548,636 $ 9,257 Investor 126,389 60,949 - 118,175 3,772 Commercial 6,487,088 4,356,264 - 4,634,504 1,077 Commercial construction - - - - - Commercial business 1,562,756 795,410 - 1,082,773 103,474 Home equity loans 47,650 20,595 - 22,604 392 Consumer 48,115 34,266 - 38,514 1,576 With an allowance recorded: Real estate loans: Residential 1,336,078 1,309,440 266,256 1,328,919 51,928 Investor - - - - Commercial - - - - - Commercial construction - - - - - Commercial business - - - - - Home equity loans - - - - - Consumer - - - - - Total legacy impaired 10,273,127 7,094,524 266,256 7,774,125 171,476 Acquired (1): With no related allowance recorded: Real estate loans: Residential 1,082,484 922,252 - 945,602 26,437 Investor 682,045 444,254 - 659,246 37,368 Commercial 248,938 198,938 - 201,519 7,336 Commercial construction - - - - - Commercial business - - - - - Home equity loans 40,473 - - - 1,329 Consumer 95,986 60,371 - 64,013 6,062 With an allowance recorded: Real estate loans: Residential - - - - - Investor - - - - - Commercial - - - - - Commercial construction - - - - - Commercial business - - - - - Home equity loans - - - - - Consumer - - - - - Total acquired impaired 2,149,926 1,625,815 - 1,870,380 78,532 Total impaired $ 12,423,053 $ 8,720,339 $ 266,256 $ 9,644,505 $ 250,008 ( 1 Generally accepted accounting principles require that we record acquired loans at fair value at acquisition, which includes a discount for loans with credit impairment. These purchased credit impaired loans are not not The following table documents changes in the carrying amount of acquired impaired loans (Purchased Credit Impaired or “PCI”) for the three June 30, 2018 2017, June 30, 2018 June 30, 2017 Recorded investment at beginning of period $ 1,021,424 $ 1,341,935 Accretion 1,526 (360 ) Reductions for payments (21,493 ) (46,664 ) Recorded investment at end of period $ 1,001,457 $ 1,294,911 Oustanding principal balance at end of period $ 1,247,145 $ 1,630,658 A summary of changes in the accretable yield for PCI loans for the three June 30, 2018 2017 June 30, 2018 June 30, 2017 Accretable yield, beginning of period $ 31,895 $ 59,639 Accretion (1,526 ) 360 Reclassification from nonaccretable difference - - Accretable yield, end of period $ 30,369 $ 59,999 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 six A summary of TDRs at June 30, 2018 March 31, 2018 Number of June 30, 2018 contracts Performing Nonperforming Total Real estate loans: Residential 16 $ 1,242,975 $ 306,235 $ 1,549,210 Investor - - - - Commercial 2 - 1,195,421 1,195,421 Commercial construction - - - - Commercial business 1 604,181 - 604,181 Home equity loans - - - - Consumer - - - - 19 $ 1,847,156 $ 1,501,656 $ 3,348,812 Number of March 31, 2018 contracts Performing Nonperforming Total Real estate loans: Residential 15 $ 1,230,166 $ 312,964 $ 1,543,130 Investor - - - - Commercial 2 - 1,195,421 1,195,421 Commercial construction - - - - Commercial business 1 605,488 - 605,488 Home equity loans - - - - Consumer - - - - 18 $ 1,835,654 $ 1,508,385 $ 3,344,039 The following table presents the number of contracts and the dollar amount of TDRs that were added during the three June 30, 2018 2017. no June 30, 2018. Loans Modified as a TDR for the Three Months Ended June 30, 2018 June 30, 2017 Troubled Debt Restructurings Number of contracts Outstanding recorded investment Number of contracts Outstanding recorded investment Real estate loans: Residential 1 $ 20,866 1 $ 1,931 There were no three June 30, 2018 2017. 90 In calculating the allowance for loan losses, individual TDRs are evaluated for impairment. TDRs are evaluated for impairment based upon either the present value of cash flows or, if collateral dependent, the lower of cost or fair value of the underlying collateral. If it is determined that the cash flows or underlying collateral is less than the carrying amount of the loan, the difference in value will be charged-off through earnings, unless the TDR is performing, in which case a specific reserve may 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 not not 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 may may 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 Borrowers may 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 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 no may The following tables present the June 30, 2018 March 31, 2018, no June 30, 2018 March 31, 2018. June 30, 2018 March 31, 2018 LEGACY ACQUIRED TOTAL LEGACY ACQUIRED TOTAL Risk Rating: Rating - Pass: Real estate loans: Residential $ 87,092,026 $ 68,580,711 $ 155,672,737 $ 87,863,805 $ 70,901,293 $ 158,765,098 Investor 8,764,071 16,487,657 25,251,728 9,214,082 16,719,346 25,933,428 Commercial 95,153,651 10,288,933 105,442,584 92,955,370 11,563,547 104,518,917 Commercial construction 2,550,462 854,370 3,404,832 5,763,784 1,352,019 7,115,803 Commercial Business 36,806,789 1,905,770 38,712,559 37,978,293 1,841,226 39,819,519 Home Equity 13,728,056 5,367,653 19,095,709 13,935,732 5,928,787 19,864,519 Consumer 17,841,773 707,772 18,549,545 18,733,489 733,669 19,467,158 Total Pass 261,936,828 104,192,866 366,129,694 266,444,555 109,039,887 375,484,442 Rating - Special Mention: Real estate loans: Residential 2,370,659 1,036,410 3,407,069 2,365,652 925,521 3,291,173 Investor - 291,458 291,458 - 297,209 297,209 Commercial - - - 3,092,135 - 3,092,135 Commercial construction - - - - - - Commercial Business - - - 134,524 - 134,524 Home Equity - 107,655 107,655 - 110,675 110,675 Consumer - - - 96,474 - 96,474 Total Special Mention 2,370,659 1,435,523 3,806,182 5,688,785 1,333,405 7,022,190 Rating - Substandard: Real estate loans: Residential 426,769 892,087 1,318,856 469,554 922,252 1,391,806 Investor 58,599 431,868 490,467 60,949 444,254 505,203 Commercial 7,505,365 197,259 7,702,624 4,356,264 198,938 4,555,202 Commercial construction - - - - - - Commercial Business 254,581 - 254,581 189,922 - 189,922 Home Equity 7,408 - 7,408 20,595 - 20,595 Consumer 19,853 31,528 51,381 19,485 32,394 51,879 Total - Substandard 8,272,575 1,552,742 9,825,317 5,116,769 1,597,838 6,714,607 Rating - Doubtful - - - - - - Rating - Loss - - - - - - TOTAL LOANS $ 272,580,062 $ 107,181,131 $ 379,761,193 $ 277,250,109 $ 111,971,130 $ 389,221,239 In the normal course of business, the Bank has various outstanding commitments and contingent liabilities that are not no may not 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. The Bank has established an off-balance sheet reserve for potential losses associated with any outstanding commitment or unused line of credit. The off-balance sheet reserve is a percentage of the outstanding commitment or unused line of credit that is based upon a discounted charge-off history associated with each respective loan segment. The reserve at June 30, 2018 March 31, 2018 $52,000 $50,000, June 30, 2018, not The Bank had the following outstanding commitments and unused lines of credit as of June 30, 2018 March 31, 2018: Outstanding Commitment and June 30, March 31, Used Lines of Credit 2018 2018 Unused commercial lines of credit $ 11,325,807 $ 9,187,810 Unused home equity lines of credit 24,296,445 22,560,376 Unused consumer lines of credit 185,417 29,331 Residential construction loan commitments 5,600,272 4,234,076 Commercial construction loan commitments 8,147,129 8,968,416 Home equity loan commitments 696,000 389,600 Commercial loan commitments 4,490,151 5,125,000 Standby letter of credit 415,607 250,224 |