Delanco Bancorp 10-K 29 Jun 16 2016 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($) $ in Millions	12 Months Ended
	Mar. 31, 2016	Jun. 08, 2016	Sep. 30, 2015
Document Information [Line Items]
Entity Registrant Name	Delanco Bancorp, Inc.
Entity Central Index Key	1,577,603
Trading Symbol	dlno
Current Fiscal Year End Date	--03-31
Entity Filer Category	Smaller Reporting Company
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		945,425
Entity Public Float			$ 8.9
Document Type	10-K
Document Period End Date	Mar. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Amendment Flag	false

Consolidated Statements of Fina

Consolidated Statements of Financial Condition - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Assets
Cash and amount due from depository institutions	$ 585,364	$ 687,488
Interest-bearing deposits with depository institutions	11,542,024	9,762,960
Total cash and cash equivalents	12,127,388	10,450,448
Investment Securities
Investment securities available-for-sale (amortized cost of $2,121,777 and $1,154,418 at March 31, 2016 and 2015, respectively)	2,150,093	1,127,515
Investment and mortgage backed securities held-to-maturity (fair value of $21,706,150 and $24,566,903 at March 31, 2016 and 2015, respectively)	21,584,538	24,617,338
Total investment securities	23,734,631	25,744,853
Loans, net of allowance for loan losses of $1,099,232 and $1,185,178 at March 31, 2016 and 2015, respectively	82,197,809	80,146,397
Accrued interest receivable	369,138	436,840
Real estate owned	1,763,628	2,433,483
Federal Home Loan Bank stock, at cost	253,800	306,300
Premises and equipment, net	6,290,047	6,490,331
Deferred income taxes, net	2,066,535	2,060,233
Bank-owned life insurance	174,252	169,252
Other assets	437,797	334,613
Total Assets	129,415,025	128,572,750
Liabilities
Non-interest bearing	12,054,146	10,733,275
Interest-bearing	99,810,501	99,464,844
Total deposits	111,864,647	110,198,119
Advances from Federal Home Loan Bank	3,000,000	4,000,000
Accrued interest payable	5,830	5,763
Advance payments by borrowers for taxes and insurance	433,034	320,356
Other liabilities	815,802	876,221
Total liabilities	$ 116,119,313	$ 115,400,459
Commitments and Contingencies (Note 21)
Stockholders’ Equity
Preferred stock, $.01 par value, 5,000,000 shares authorized at March 31, 2016 and 2015: None issued
Common stock, $.01 par value, 20,000,000 shares authorized: 945,425 shares issued and outstanding at March 31, 2016 and 2015	$ 9,454	$ 9,454
Additional paid-in capital	9,988,509
Retained earnings, substantially restricted	3,918,476
Unearned common stock held by employee stock ownership plan	(501,065)	(546,617)
Accumulated other comprehensive loss	(119,662)	(192,856)
Total stockholders’ equity	13,295,712	13,172,291
Total Liabilities and Stockholders’ Equity	$ 129,415,025	$ 128,572,750

Consolidated Statements of Fin3

Consolidated Statements of Financial Condition (Parentheticals) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Securities available-for-sale, amortized cost	$ 2,121,777	$ 1,154,418
Securities held-to-maturity, fair value	21,706,150	24,566,903
Allowance for loan losses	$ 1,099,232	$ 1,185,178
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	20,000,000	20,000,000
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares issued (in shares)	945,425	945,425
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Common stock, shares outstanding (in shares)	945,425	945,425
Preferred stock, shares issued (in shares)

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Interest Income
Loans, including fees	$ 3,600,437	$ 3,645,438
Investment securities	660,372	718,807
Interest-bearing deposits	9,314	3,842
Total interest income	4,270,123	4,368,087
Interest Expense
Interest-bearing checking accounts	39,947	40,215
Passbook and money market accounts	107,676	104,164
Certificates of deposits	396,524	431,709
Advances from Federal Home Loan Bank	25,606	23,381
Total interest expense	569,753	599,469
Net interest income	3,700,370	3,768,618
Provision (recapture) for loan losses	(70,700)	390,000
Net interest income after provision (recapture) for loan losses	3,771,070	3,378,618
Non-Interest Income
Service charges	124,697	137,440
Increase in cash surrender value of bank-owned life insurance	5,000	4,055
Rental income	19,488	28,662
Other	15,416	16,093
Total non-interest income	164,601	186,250
Non-Interest Expense
Salaries and employee benefits	1,659,019	1,628,823
Advertising	23,988	24,241
Office supplies, telephone and postage	110,250	107,985
Loan expense	74,112	160,085
Occupancy expense	622,254	614,899
Federal insurance premiums	170,570	170,785
Real estate owned – impairment losses	246,879	642,080
Data processing expenses	237,737	223,337
ATM expenses	34,975	35,939
Bank charges and fees	85,603	69,781
Insurance and surety bond premium	87,582	99,529
Dues and subscriptions	45,655	29,511
Professional fees	285,465	349,038
Real estate owned expenses, net	176,740	152,503
Net loss on sale of real estate owned	3,519	82,062
Other	141,991	132,322
Total non-interest expense	4,006,339	4,522,920
(Loss) Before Income Tax Benefit	(70,668)	(958,052)
Income tax (benefit)	(52,598)	(325,220)
Net (Loss)	$ (18,070)	$ (632,832)
(Loss) per share
Basic (in dollars per share)	$ (0.02)	$ (0.70)
Diluted (in dollars per share)	$ (0.02)	$ (0.70)
Basic (in shares)	906,720	903,201
Diluted (in shares)	906,720	903,201

Consolidated Statements of Comp

Consolidated Statements of Comprehensive (Loss) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Net (loss)	$ (18,070)	$ (632,832)
Other comprehensive income (loss), net of tax:
Postretirement benefit plan adjustment, net of deferred taxes (benefit) of ($26,708) and ($75,238) in 2016 and 2015, respectively	40,063	(112,857)
Unrealized holding gains (loss), net of deferred tax (benefits) of $22,088 and $74,589 in 2016 and 2015, respectively	$ 33,131	111,884
Reclassification adjustment for net (gains) losses on available-for-sale securities included in net (loss) (net of tax (benefit) of $ -0- and ($315) in 2016 and 2015, respectively)		(472)
Total other comprehensive (loss) income	$ 73,194	(1,445)
Comprehensive (Loss) Income	$ 55,124	$ (634,277)

Consolidated Statements of Com6

Consolidated Statements of Comprehensive (Loss) (Parentheticals) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Postretirement benefit plan adjustment, deferred tax (benefit)	$ (26,708)	$ (75,238)
Unrealized gain (loss) on investment securities, deferred tax (benefit)	22,088	74,589
Reclassification adjustment for net (gains) losses on available-for-sale securities included in net (loss), tax expense (benefit)	$ 0	$ (315)

Consolidated Statements of Chan

Consolidated Statements of Changes In Stockholders' Equity - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Unearned Employee Stock Ownership Plan [Member]	AOCI Attributable to Parent [Member]	Total
BALANCES (in shares) at Mar. 31, 2014	945,425
BALANCES at Mar. 31, 2014	$ 9,454	$ 9,956,750	$ 4,569,378	$ (592,168)	$ (191,411)	$ 13,752,003
Net (loss)			(632,832)			(632,832)
Other comprehensive (loss), net of tax					(1,445)	(1,445)
3518.69 shares of common stock transferred to ESOP for services		(21,202)		45,551		24,349
Stock option expense		30,216				30,216
BALANCES (in shares) at Mar. 31, 2015	945,425
BALANCES at Mar. 31, 2015	$ 9,454	9,965,764	3,936,546	(546,617)	(192,856)	13,172,291
Net (loss)			(18,070)			(18,070)
Other comprehensive (loss), net of tax					73,194	73,194
3518.69 shares of common stock transferred to ESOP for services		(12,475)		45,552		33,077
Stock option expense		35,220				35,220
BALANCES (in shares) at Mar. 31, 2016	945,425
BALANCES at Mar. 31, 2016	$ 9,454	$ 9,988,509	$ 3,918,476	$ (501,065)	$ (119,662)	$ 13,295,712

Consolidated Statements of Cha8

Consolidated Statements of Changes In Stockholders' Equity (Parentheticals) - shares	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Unearned Employee Stock Ownership Plan [Member]
Shares of ESOP (in shares)	3,518.69	3,518.69

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Cash Flows from Operating Activities
Net (loss)	$ (18,070)	$ (632,832)
Adjustments to reconcile net (loss) to net cash provided by operating activities:
Compensation expense of ESOP	12,475	21,202
Deferred income tax (benefit)	32,275	(520,932)
Depreciation	264,356	257,153
Amortization of premiums and accretion of discounts on securities, net	(1,087)	4,956
Income from bank owned life insurance	(5,000)	(4,055)
Real estate owned – impairment losses	246,879	642,080
Net loss on sale of real estate owned	3,519	82,062
Provision (recapture) for loan losses	(70,700)	390,000
Share based compensation expense	35,220	30,216
(Increase) decrease in:
Accrued interest receivable	67,702	25,444
Other assets	(103,184)	632
Increase (decrease) in:
Accrued interest payable	67	(793)
Other liabilities	(60,419)	191,932
Net cash provided by operating activities	404,033	$ 487,065
Cash Flows from Investing Activities
Purchases of securities available-for-sale	(1,500,000)
Proceeds from sale of securities available-for-sale	32,641	$ 31,541
Proceeds from maturities of securities available-for-sale	500,000	1,000,000
Purchases of securities held-to-maturity	(12,473,250)	(3,000,000)
Proceeds from maturities and principal repayments of securities held-to-maturity	15,507,137	5,353,613
Proceeds from redemption (purchases) of Federal Home Loan Bank stock	52,500	(35,000)
Principal collected on loans	11,825,655	10,405,771
Loans originated	(14,138,862)	(9,735,588)
Proceeds from sale of real estate owned	751,952	1,125,062
Purchases of premises and equipment	(64,072)	(79,616)
Net cash provided by investing activities	493,701	5,065,783
Cash Flows from Financing Activities
Net increase (decrease) in deposits	1,666,528	(426,580)
Net increase (decrease) in advance payments by borrowers for taxes and insurance	112,678	(8,459)
Advances from Federal Home Loan Bank	1,000,000	4,000,000
Payments on advances from Federal Home Loan Bank	(2,000,000)	(2,000,000)
Net cash provided by financing activities	779,206	1,564,961
Net Increase in Cash and Cash Equivalents	1,676,940	7,117,809
Cash and Cash Equivalents, Beginning of Year	10,450,448	3,332,639
Cash and Cash Equivalents, End of Year	12,127,388	10,450,448
Supplemental Disclosures of Cash Flow Information
Cash paid during the year for interest	569,686	600,262
Cash paid during the year for income taxes	2,500	2,750
Supplemental Disclosure of Noncash Items
Loans transferred to real estate owned	$ 332,495	$ 2,332,862

Note 1 - Nature of Operations

Note 1 - Nature of Operations	12 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Nature of Operations [Text Block]	1. NATURE OF OPERATIONS On October 16, 2013, Delanco Bancorp, Inc., a New Jersey corporation (the “Company”), became the holding company for the Bank upon completion of the “second-step” conversion of the Bank from a mutual holding company structure to a stock holding company structure (the “Conversion”). The Conversion involved the sale by the Company of 525,423 shares of common stock in a subscription and community offering, including shares purchased by the Bank’s employee stock ownership plan, the exchange of 420,002 shares of common stock of the Company for shares of common stock of the former Delanco Bancorp, Inc. (“old Delanco Bancorp”) held by persons other than Delanco MHC (the “MHC”), and the elimination of old Delanco Bancorp and the MHC. Net proceeds received from the reorganization and stock offering totaled $3,280,000, net of costs of $923,000. Delanco Bancorp, Inc. (the “Company”) is a federally-chartered subsidiary holding company whose principal activity is the ownership and management of its wholly-owned subsidiary, Delanco Federal Savings Bank (the “Bank”), and its wholly-owned subsidiaries, Delanco Financial Services Corporation, an inactive subsidiary, DFSB Properties, LLC, and DFSB Properties II, LLC, real estate companies that hold other real estate acquired in foreclosure. The Bank provides a variety of financial services to individual and business customers located primarily in Southern New Jersey and Southeastern Pennsylvania. The Bank’s primary source of revenue is from single-family residential, commercial and multi-family real estate loans. The Bank is subject to regulation by the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corporation. Subsequent Events The Company has evaluated events and transactions occurring subsequent to March 31, 2016, for items that should potentially be recognized or disclosed in these consolidated financial statements. The evaluation was conducted through June 29, 2016, the date these consolidated financial statements were issued.

Note 2 - Summary of Significant

Note 2 - Summary of Significant Accounting Policies	12 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Significant Accounting Policies [Text Block]	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation and Consolidation The accounting and reporting policies of the Company conform with accounting principles and predominant practices within the banking industry. The consolidated financial statements of the Company include the accounts of Delanco Federal Savings Bank and its subsidiaries. Intercompany balances and transactions are eliminated in consolidation. Use of Estimates in the Preparation of Financial Statements The preparation of financial statements in conformity with accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates and assumptions that are particularly susceptible to significant changes relate to the determination of the allowance for losses on loans, the fair value of financial instruments, the valuation of foreclosed real estate and the valuation of deferred tax assets. In connection with the determination of the estimated losses on loans and foreclosed real estate, management obtains independent appraisals for significant properties. A majority of the Bank’s loan portfolio consists of single-family residential, commercial and multi-family real estate loans in Southern New Jersey and Southeastern Pennsylvania. Accordingly, the ultimate collectibility of a substantial portion of the Bank’s loan portfolio and the recovery of a substantial portion of the carrying amount of foreclosed real estate are susceptible to changes in local market conditions. While management uses available information to recognize losses on loans and foreclosed real estate, further reductions in the carrying amounts of loans and foreclosed assets may be necessary based on changes in local economic conditions. In addition, regulatory agencies, as an integral part of their examination process, periodically review the estimated losses on loans and foreclosed real estate. Such agencies may require the Bank to recognize additional losses based on their judgments about information available to them at the time of their examination. Because of these factors, it is reasonably possible that the estimated losses on loans and foreclosed real estate may change materially in the near term. However, the amount of the change that is reasonably possible cannot be estimated. Investment and Mortgage-Backed Securities Securities Held-to-Maturity Securities Available-for-Sale Declines in the fair value of individual held-to-maturity and available-for-sale securities below their cost that are other than temporary result in write-downs of the individual securities to their fair value. The related write-downs are included in earnings as realized losses. In estimating other than temporary impairment losses, management considers (1) the length of time and the extent to which the fair value has been less than cost, (2) the financial condition and near-term prospects of the issuer, and (3) 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. Loans Receivable The Bank grants mortgage, commercial, consumer and lines of credit loans to customers. A substantial portion of the loan portfolio is represented by mortgage, commercial and multi-family real estate loans in Southern New Jersey and Southeastern Pennsylvania. The ability of the Bank’s debtors to honor their contracts is dependent upon the real estate and general economic conditions in these areas. Loans are stated at unpaid principal balances, less the allowance for loan losses and net deferred loan fees and unearned discounts. Loan origination and commitment fees, as well as certain direct origination costs, are deferred and amortized as a yield adjustment over the lives of the related loans using the interest method. Amortization of deferred loan fees is discontinued when a loan is placed on nonaccrual status. The recognition of income on a loan is discontinued and previously accrued interest is reversed, when interest or principal payments become ninety (90) days past due unless, in the opinion of management, the outstanding interest remains collectible. Past due status is determined based on contractual terms. Interest is subsequently recognized only as received until the loan is returned to accrual status. A loan is restored to accrual status when all interest and principal payments are current and the borrower has demonstrated to management the ability to make payments of principal and interest as scheduled. The Bank’s practice is to charge off any loan or portion of a loan when the loan is determined by management to be uncollectible due to the borrower’s failure to meet repayment terms, the borrower’s deteriorating or deteriorated financial condition, the depreciation of the underlying collateral, the loan’s classification as a loss by regulatory examiners, or for other reasons. Allowance For Loan Losses The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectibility of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral, and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The allowance consists of specific, general, and unallocated components. The specific component relates to loans that are classified as doubtful, substandard, or special mention. For such loans that are also classified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component covers non-classified loans and is based on historical loss experience adjusted for qualitative factors. An unallocated component is maintained to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio. Loan Impairment A loan is considered impaired when, based on current information and events, it is probable that the Bank will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reason for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis for commercial real estate loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral dependent. Large groups of smaller balance homogeneous loans are collectively evaluated for impairment. Troubled Debt Restructurings In situations where, for economic or legal reasons related to a customer’s financial difficulties, the Bank grants a concession for other than an insignificant period of time to the customer that the Bank would not otherwise consider, the related loan is classified as a troubled debt restructuring (TDR). The Bank strives to identify customers in financial difficulty early and work with them to modify to more affordable terms before their loan reaches nonaccrual status. These modified terms may include rate reductions, principal forgiveness, payment forbearance and other actions intended to minimize the economic loss and to avoid foreclosure or repossession of the collateral. In cases where the Bank grants the customer new terms that provide for a reduction of either interest or principal, the Bank measures any impairment on the restructuring as previously noted for impaired loans. Bank-Owned Life Insurance The Bank owns a life insurance policy on the life of a retired member of the Board of Directors. The cash surrender value of the policy is recorded as an asset of the bank and changes in this value are reflected in non-interest income. Death benefit proceeds in excess of the policy’s cash surrender value will be recognized as income upon receipt. There are no policy loans offset against the cash surrender value or restrictions on the use of the proceeds. Premises and Equipment Land is carried at cost. Other premises and equipment are recorded at cost and are depreciated on the straight-line method. Charges for maintenance and repairs are expensed as incurred. Depreciation and amortization are provided over the estimated useful lives of the respective assets. Real Estate Owned Real estate owned is comprised of properties acquired through foreclosure proceedings or acceptance of a deed in lieu of foreclosure. Real estate owned is recorded at the lower of the carrying value of the loan or the fair value of the property, net of estimated selling costs. Costs relating to the development or improvement of the properties are capitalized while expenses related to the operation and maintenance of properties are recorded as an expense as incurred. Gains or losses upon dispositions are reflected in earnings as realized. The Company had $1,763,628 and $2,433,483 in real estate owned at March 31, 2016 and 2015, respectively. The Company recorded losses of $3,519 and $82,062 on sale of real estate owned for the years ended March 31, 2016 and 2015, respectively. Comprehensive Income The Company presents in the consolidated statement of comprehensive income those amounts arising from transactions and other events which currently are excluded from the statements of operations and are recorded directly to stockholders’ equity. For the years ended March 31, 2016 and 2015, the only components of comprehensive income were net (loss), unrealized holding (loss) gains, net of income tax (benefit) expense, on available for sale securities and reclassifications related to realized gains on sale of securities recognized in earnings, net of tax and postretirement benefit plan adjustments, net of tax. Reclassifications are made to avoid double counting in comprehensive income items which are displayed as part of net income for the period. Income Taxes Income taxes are provided for the tax effects of the transactions reported in the financial statements and consist of taxes currently due plus deferred taxes related primarily to tax net operating loss carryforwards and differences between the basis of available-for-sale securities, allowance for loan losses, estimated losses on real estate owned, accumulated depreciation, and accrued employee benefits for financial and income tax reporting. The deferred tax assets and liabilities represent the future tax return consequences of those differences, which will either be taxable or deductible when assets and liabilities are recovered or settled, as well as operating loss carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is established against deferred tax assets when in the judgment of management, it is more likely than not that such deferred tax assets will not become available. Because the judgment about the level of future taxable income is dependent to a great extent on matters that may, at least in part be beyond the Company’s control, it is at least reasonably possible that management’s judgment about the need for a valuation allowance for deferred taxes could change in the near term. Segment Information Delanco Bancorp, Inc. has one reportable segment, “Community Banking”. All of the Company’s activities are interrelated, and each activity is dependent and assessed based on how each of the activities of the Company supports the others. For example, lending is dependent upon the ability of the Company to fund itself with deposits and borrowings while managing the interest rate and credit risk. Accordingly, all significant operating decisions are based upon analysis of the Bank as one segment or unit. Statements of Cash Flows The Company considers all cash and amounts due from depository institutions and interest-bearing deposits in other banks with original maturities of less than 90 days to be cash equivalents for purposes of the statements of cash flows. Advertising Costs Advertising costs are expensed as incurred. Advertising expenses totaled $23,988 and $24,241 for the years ended March 31, 2016 and 2015, respectively. Employee Stock Ownership Plan (“ESOP”) The Company maintains an employee stock ownership plan as (“ESOP”) for substantially all of its full-time employees. The ESOP purchased 64,081 shares of the Company’s common stock for an aggregate cost of approximately $640,810 in fiscal 2008. In October 2013, the Company completed a “second step” conversion and as a result, the original 64,081 shares purchased by the ESOP were converted to 36,596 shares of the new Bancorp. In addition, the ESOP purchased an additional 23,644 shares of the Company’s common stock in October 2013 for an aggregated cost of approximately $189,152. Shares of the Company’s common stock purchased by the ESOP are held in a suspense account until released for allocation to participants. Shares are allocated to each eligible participant based on the ratio of each such participant’s compensation, as defined in the ESOP, to the total compensation of all eligible plan participants. As the unearned shares are released from the suspense account, the Company recognizes compensation expense equal to the fair value of the ESOP shares during the periods in which they become committed to be released. To the extent that the fair value of the ESOP shares released differs from the cost of such shares, the difference is charged or credited to equity as additional paid-in capital. As of March 31, 2016, the Company had allocated a total of 21,535 shares from the suspense account to participants. For the years ended March 31, 2016 and 2015, the Company recognized $33,076 and $24,349, respectively in salaries and employee benefits related to the ESOP. At March 31, 2016, 60,240 shares were held in the ESOP. Stock Based Compensation The Company accounts for stock-based compensation issued to employees, and where appropriate, non-employees, at fair value. Under fair value provisions, stock-based compensation cost is measured at the grant date based on the fair value of the award and is recognized as expense over the appropriate vesting period using the straight-line method. The amount of stock-based compensation recognized at any date must at least equal the portion of the grant date fair value of the award that is vested at that date and as a result it may be necessary to recognize the expense using a ratable method. Determining the fair value of stock-based awards at the date of grant requires judgment, including estimating the expected term of the stock options and the expected volatility of the Company’s stock. In addition, judgment is required in estimating the amount of stock-based awards that are expected to be forfeited. If actual results differ significantly from these estimates or different key assumptions were used, it could have a material effect on the Company’s consolidated financial statements. Federal Home Loan Bank Stock FHLB Stock, which represents the required investment in the common stock of a correspondent bank, is carried at cost. Earnings Per Share Basic earnings per share is calculated on the basis of net income divided by the weighted average number of shares outstanding. Diluted earnings per share includes dilutive potential shares as computed under the treasury stock method using average common stock prices. Diluted earnings per share is calculated on the basis of the weighted average number of shares outstanding plus the weighted average number of additional dilutive shares.

Note 3 - Recent Accounting Pron

Note 3 - Recent Accounting Pronouncements	12 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	3. RECENT ACCOUNTING PRONOUNCEMENTS Below is a discussion of recent accounting standards that have significant implications (elected or required) within the consolidated financial statements, or that management expects may have a significant impact on financial statements issued in the near future. In January 2014, the Financial Accounting Standards Board (“FASB”) issued ASU No. 2014-04, “Reclassification of Residential Real Estate Collateralized Consumer Mortgage Loans upon Foreclosure”. The objective of this guidance is to clarify when an in substance repossession or foreclosure occurs, that is, when a creditor should be considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan such that the loan receivable should be derecognized and the real estate property recognized. ASU No. 2014-04 states that an in substance repossession or foreclosure occurs, and a creditor is considered to have received physical possession of residential real estate property collateralizing a consumer mortgage loan, upon either (1) the creditor obtaining legal title to the residential real estate property upon completion of a foreclosure or (2) the borrower conveying all interest in the residential real estate property to the creditor to satisfy that loan through completion of a deed in lieu of foreclosure or through a similar legal agreement. Additionally, ASU No. 2014-04 requires interim and annual disclosure of both (1) the amount of foreclosed residential real estate property held by the creditor and (2) the recorded investment in consumer mortgage loans collateralized by residential real estate property that are in the process of foreclosure according to local requirements of the applicable jurisdiction. ASU No. 2014-04 is effective for interim and annual reporting periods beginning after December 15, 2014. The adoption of ASU No. 2014-04 is not expected to have a material impact on the Company’s consolidated financial statements. In May 2014, the FASB issued ASU 2014-09 , Revenue from Contracts with Customers (a new revenue recognition standard). In August 2014, the FASB issued ASU 2014-14, Receivables – Troubled Debt Restructurings by Creditors (Subtopic 310-40). In August 2014, the FASB issued ASU 2014-15, Presentation of Financial Statements -Going Concern (Subtopic 205-40). In November 2014, the FASB issued ASU 2014-17, Business Combinations (Topic 805): In January 2015, the FASB issued ASU 2015-01 , Income Statement –Extraordinary and Unusual Items, In February 2015, the FASB issued ASU 2015-02, Consolidation (Topic 810)

Note 4 - Restrictions on Cash a

Note 4 - Restrictions on Cash and Due from Banks	12 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Cash and Cash Equivalents Disclosure [Text Block]	4. RESTRICTIONS ON CASH AND DUE FROM BANKS The Company is required to maintain reserve funds in vault cash or on deposit with the Federal Reserve Bank. The Company’s vault cash satisfied the required reserve at March 31, 2016 and 2015.

Note 5 - Investment Securities

Note 5 - Investment Securities	12 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	5. INVESTMENT SECURITIES The amortized cost, gross unrealized gains and losses, and fair value of the Company’s investment securities held-to-maturity and available-for-sale are as follows: Available-for-Sale March 31, 2016 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value Federal National Mortgage Association $ 500,000 $ $ (2,753 ) $ 497,247 Certificates of Deposit 1,500,000 30,854 1,530,854 Mutual Fund Shares 121,777 2,104 (1,889 ) 121,992 Total $ 2,121,777 $ 32,958 $ ( 4,642 ) $ 2,150,093 Available-for-Sale March 31, 2015 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value Federal Home Loan Bank Bonds $ 500,000 $ $ ( 10,117 ) $ 489,883 Federal National Mortgage Association 500,000 ( 17,442 ) 482,558 Mutual Fund Shares 154,418 656 155,074 Total $ 1,154,418 $ 656 $ ( 27,559 ) $ 1,127,515 Held-to-Maturity March 31, 2016 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value Federal Home Loan Bank Bonds $ 5,802,109 $ 27,488 $ ( 3,680 ) $ 5,825,917 Federal Farm Credit Bonds 9,437,611 21,157 ( 1,087 ) 9,457,681 Federal Home Loan Mortgage Corporation Bonds 732,000 425 732,425 Federal National Mortgage Association 4,000,000 17,253 4,017,253 Municipal Bond 736,250 ( 1,513 ) 734,737 20,707,970 66,323 ( 6,280 ) 20,768,013 Mortgage-Backed Securities: Federal Home Loan Mortgage Corporation 322,014 25,607 ( 7,728 ) 339,893 Federal National Mortgage Association 397,541 41,321 ( 3,418 ) 435,444 Government National Mortgage Corporation 157,013 6,926 ( 1,139 ) 162,800 876,568 73,854 ( 12,285 ) 938,137 Total $ 21,584,538 $ 140,177 $ ( 18,565 ) $ 21,706,150 Held-to-Maturity March 31, 2015 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value Federal Home Loan Bank Bonds $ 7,569,330 $ 25,212 $ ( 61,886 ) $ 7,532,656 Federal Farm Credit Bonds 6,436,634 245 ( 55,041 ) 6,381,838 Federal Home Loan Mortgage Corporation Bonds 1,997,490 1,869 ( 20,411 ) 1,978,948 Federal National Mortgage Association 6,998,982 15,848 ( 46,455 ) 6,968,375 Municipal Bond 470,250 1,653 471,903 23,472,686 44,827 ( 183,793 ) 23,333,720 Mortgage-Backed Securities: Federal Home Loan Mortgage Corporation 453,850 32,959 486,809 Federal National Mortgage Association 494,759 49,073 543,832 Government National Mortgage Corporation 196,043 6,499 202,542 1,144,652 88,531 1,233,183 Total $ 24,617,338 $ 133,358 $ ( 183,793 ) $ 24,566,903 The following is a summary of the amortized cost and fair value of the Company’s investment securities held-to-maturity and available-for-sale by contractual maturity as of March 31, 2016 and 2015. March 31, 2016 Available-for-sale Held-to-maturity Amortized Fair Amortized Fair Cost Value Cost Value Amounts maturing in: One year or less $ $ $ 736,250 $ 734,737 After one year through five years 1,000,000 1,024,569 945,000 945,091 After five years through ten years 1,000,000 1,003,532 8,379,581 8,384,588 After ten years 11,523,707 11,641,734 Mutual fund shares 121,777 121,992 $ 2,121,777 $ 2,150,093 $ 21,584,538 $ 21,706,150 March 31, 2015 Available-for-sale Held-to-maturity Amortized Fair Amortized Fair Cost Value Cost Value Amounts maturing in: One year or less $ $ $ 970,771 $ 980,256 After one year through five years 1,000,639 999,302 After five years through ten years 8,910,976 8,838,675 After ten years 1,000,000 972,441 13,734,952 13,748,670 Mutual fund shares 154,418 155,074 $ 1,154,418 $ 1,127,515 $ 24,617,338 $ 24,566,903 The amortized cost and fair value of mortgage-backed securities are presented in the held-to-maturity category by contractual maturity in the preceding table. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations without call or prepayment penalties. Information pertaining to securities with gross unrealized losses at March 31, 2016 and 2015, aggregated by investment category and length of time that individual securities have been in a continuous unrealized loss position, are as follows: Continuous Unrealized Continuous Unrealized Losses Existing For Losses Existing For Less Than 12 Months 12 Months or Greater Total Fair Unrealized Fair Unrealized Fair Unrealized March 31, 2016 Value Losses Value Losses Value Losses Federal Home Loan Bank Bonds $ $ $ 496,320 $ ( 3,680 ) $ 496,320 $ ( 3,680 ) Federal Farm Credit Bonds 498,913 ( 1,087 ) 498,913 ( 1,087 ) Federal Home Loan Mortgage Corporation 102,967 ( 7,728 ) 102,967 ( 7,728 ) Federal National Mortgage Association 497,247 ( 2,753 ) 497,247 ( 2,753 ) Municipal Bonds 734,737 ( 1,513 ) 734,737 ( 1,513 ) Mutual fund shares 64,031 ( 1,889 ) 64,031 ( 1,889 ) 734,737 ( 1,513 ) 1,659,478 ( 17,137 ) 2,394,215 ( 18,650 ) Mortgage-Backed Securities: Federal National Mortgage Association 154,705 ( 3,418 ) 154,705 ( 3,418 ) Government National Mortgage Association 21,613 ( 1,139 ) 21,613 ( 1,139 ) 176,318 ( 4,557 ) 176,318 ( 4,557 ) Total $ 734,737 $ ( 1,513 ) $ 1,835,796 $ ( 21,694 ) $ 2,570,533 $ ( 23,207 ) Continuous Unrealized Continuous Unrealized Losses Existing For Losses Existing For Less Than 12 Months 12 Months or Greater Total Fair Unrealized Fair Unrealized Fair Unrealized March 31, 2015 Value Losses Value Losses Value Losses Federal Home Loan Bank Bonds $ 2,456,736 $ ( 20,116 ) $ 2,450,731 $ ( 51,887 ) $ 4,907,467 $ (72,003 ) Federal Farm Credit Bonds 2,478,672 ( 13,569 ) 2,903,103 ( 41,472 ) 5,381,775 (55,041 ) Federal Home Loan Mortgage Corporation 987,910 ( 12,090 ) 491,679 ( 8,321 ) 1,479,589 (20,411 ) Federal National Mortgage Association 1,492,801 ( 6,857 ) 2,442,960 ( 57,040 ) 3,935,761 (63,897 ) Mutual fund shares 7,416,119 ( 52,632 ) 8,288,473 ( 158,720 ) 15,704,592 (211,352 ) Mortgage-Backed Securities: Government National Mortgage Association Total $ 7,416,119 $ ( 52,632 ) $ 8,288,473 $ ( 158,720 ) $ 15,704,592 $ ( 211,352 ) In estimating other-than-temporary impairment losses, the Company considers, among other things, (i) the length of time and the extent to which the fair value has been less than cost, (ii) the financial condition and near term prospects of the issuer, (iii) that the Company does not intend to sell these securities and (iv) it is more likely than not that the Company will not be required to sell before a period of time sufficient to allow for any anticipated recovery in fair value. The temporary impaired securities consisted of nine debt securities with an aggregated book value of $2,570,533 at March 31, 2016. These unrealized losses relate principally to market changes in interest rates for similar types of securities. The Company has pledged investment securities with a carrying amount of approximately $2,515,000 and $1,016,000 at March 31, 2016 and 2015, respectively, to the New Jersey Commissioner of Banking and Insurance under the provisions of the Government Unit Deposit Protection Act that enables the Bank to act as a public depository.

Note 6 - Loans

Note 6 - Loans	12 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	6. LOANS The Bank monitors and assesses the credit risk of its loan portfolio using the classes set forth below. These classes also represent the segments by which the Bank monitors the performance of its loan portfolio and estimates its allowance for loan losses. Residential real estate loans consist of loans secured by one-to four-family residences located in the Bank’s market area. The Bank has originated one-to four-family residential mortgage loans in amounts up to 80% of the lesser of the appraised value or selling price of the mortgaged property without requiring mortgage insurance. A mortgage loan originated by the Bank, for owner and non-owner occupied property, whether fixed rate or adjustable rate, can have a term of up to 30 years. Adjustable rate loan terms limit the periodic interest rate adjustment and the minimum and maximum rates that may be charged over the term of the loan based on the type of loan. Multi-family and commercial real estate loans are generally originated in amounts up to the lower of 80% of the appraised value or cost of the property and are secured by improved property such as multi-family dwelling units, office buildings, retail stores, warehouses, church buildings and other non-residential buildings, most of which are located in the Bank’s market area. Multi-family and commercial real estate loans are generally made with fixed interest rates which mature or re-price in 5 to 7 years with principal amortization of up to 25 years. Commercial loans include short and long-term business loans and commercial lines of credit for the purposes of providing working capital, supporting accounts receivable, purchasing inventory and acquiring fixed assets. The loans generally are secured by these types of assets as collateral and /or by personal guarantees provided by principals of the borrowers. Consumer loans include installment loans and home equity loans, secured by first or second mortgages on homes owned or being purchased by the loan applicant. Home equity term loans and credit lines are credit accommodations secured by either a first or second mortgage on the borrower’s residential property. Interest rates charged on home equity term loans are generally fixed; interest on credit lines is usually a floating rate related to the prime rate. The Bank generally requires a loan to value ratio of less than or equal to 80% of the appraised value, including any outstanding prior mortgage balance. Construction loans will be made only if there is a permanent mortgage commitment in place. Interest rates on commercial construction loans are typically in line with normal commercial mortgage loan rates, while interest rates on residential construction loans are slightly higher than normal residential mortgage loan rates. These loans usually are adjustable rate loans and generally have terms of up to one year. Loans at March 31, 2016 and 2015 are summarized as follows: March 31, 2016 2015 Residential (one to four family) real estate $ 62,250,645 $ 62,788,782 Multi-family and commercial real estate 9,569,328 7,979,569 Commercial 2,290,405 1,913,466 Home equity 8,527,420 8,005,627 Consumer 682,193 677,964 Construction 54,268 56,027 Total loans 83,374,259 81,421,435 Net deferred loan origination fees ( 77,218 ) ( 89,860 ) Allowance for loan losses ( 1,099,232 ) ( 1,185,178 ) ( 1,176,450 ) ( 1,275,038 ) Loans, net $ 82,197,809 $ 80,146,397 The Bank is subject to a loans-to-one borrower limitation of 15% of capital funds. At March 31, 2016, the loans-to-one-borrower limitation was $1.8 million; this excluded an additional 10% of adjusted capital funds or approximately $million, which may be loaned if collateralized by readily marketable securities. At March 31, 2016 and 2015, there were no loans outstanding or committed to any one borrower, which individually or in the aggregate exceeded the Bank’s loans-to-one-borrower limitations of 15% of capital funds. A summary of the Bank’s credit quality indicators is as follows: Pass – A credit which is assigned a rating of Pass shall exhibit some or all of the following characteristics: a. Loans that present an acceptable degree of risk associated with the financing being considered as measured against earnings and balance sheet trends, industry averages, etc. Actual and projected indicators and market conditions provide satisfactory evidence that the credit will perform as agreed. b. Loans to borrowers that display acceptable financial conditions and operating results. Debt service capacity is demonstrated and future prospects are considered good. c. Loans to borrowers where a comfort level is achieved by the strength of the cash flows from the business or project and the strength and quantity of the collateral or security position (i.e.; receivables, inventory and other readily marketable securities) as supported by a current valuation and/or the strong capabilities of a guarantor. Special Mention – Loans on which the credit risk requires more than ordinary attention by the Loan Officer. This may be the result of some erosion in the borrower’s financial condition, the economics of the industry, the capability of management, or changes in the original transaction. Loans which are currently sound yet exhibit potentially unacceptable credit risk or deteriorating long term prospects, will receive this classification. Loans which deviate from loan policy or regulations will not generally be classified in this category, but will be separately reported as an area of concern. Classified – Classified loans include those considered by the Bank to be substandard, doubtful or loss. An asset is considered “substandard” if it involves more than an acceptable level of risk due to a deteriorating financial condition, unfavorable history of the borrower, inadequate payment capacity, insufficient security or other negative factors within the industry, market or management. Substandard loans have clearly defined weaknesses which can jeopardize the timely payment of the loan. Assets classified as “doubtful” exhibit all of the weaknesses defined under the substandard category but with enough risk to present a high probability of some principal loss on the loan, although not yet fully ascertainable in amount. Assets classified as “loss” are those considered uncollectible or of little value, even though a collection effort may continue after the classification and potential charge-off. Non-Performing Loans Non-performing loans consist of non-accrual loans (loans on which the accrual of interest has ceased), loans over ninety days delinquent and still accruing interest, renegotiated loans and impaired loans. Loans are generally placed on non-accrual status if, in the opinion of management, collection is doubtful, or when principal or interest is past due 90 days or more, unless the collateral is considered sufficient to cover principal and interest and the loan is in the process of collection. The following table represents loans by credit quality indicator at March 31, 2016: Special Non- Mention Classified Performing Pass Loans Loans Loans Total Residential real estate $ 59,385,578 $ $ $ 2,865,067 $ 62,250,645 Multi-family and commercial real estate 7,962,420 288,784 1,318,124 9,569,328 Commercial 2,074,394 53,942 140,751 21,318 2,290,405 Home equity 8,416,499 110,921 8,527,420 Consumer 682,193 682,193 Construction 54,268 54,268 $ 78,521,084 $ 342,726 $ 140,751 $ 4,369,698 $ 83,374,259 The following table represents past-due loans as of March 31, 2016: 30-59 60-89 Greater Than Days Days 90 Days Total Total Loan Past Due Past Due Past Due Past Due Current Balances Residential real estate $ 577,002 $ 224,111 $ 1,967,082 $ 2,768,195 $ 59,482,450 $ 62,250,645 Multi-family and commercial real estate 288,784 663,068 951,852 8,617,476 9,569,328 Commercial 339,654 21,318 360,972 1,929,433 2,290,405 Home equity 50,000 110,471 160,471 8,366,949 8,527,420 Consumer 682,193 682,193 Construction 54,268 54,268 Total Loans $ 966,656 $ 534,213 $ 2,740,621 $ 4,241,490 $ 79,132,769 $ 83,374,259 Percentage of Total Loans 1.16 % 0.64 % 3.29 % 5.09 % 94.91 % 100.0 % The following table represents loans by credit quality indicator at March 31, 2015: Special Non- Mention Classified Performing Pass Loans Loans Loans Total Residential real estate $ 60,728,444 $ $ $ 2,060,338 $ 62,788,782 Multi-family and commercial real estate 5,308,521 713,658 294,250 1,663,140 7,979,569 Commercial 1,685,655 23,568 204,243 1,913,466 Home equity 7,994,767 10,860 8,005,627 Consumer 606,577 71,387 677,964 Construction 56,027 56,027 $ 76,323,964 $ 737,226 $ 498,493 $ 3,861,752 $ 81,421,435 The following table represents past-due loans as of March 31, 2015: 30-59 60-89 Greater Than Days Days 90 Days Total Total Loan Past Due Past Due Past Due Past Due Current Balances Residential real estate $ 495,322 $ 1,324,777 $ 1,364,792 $ 3,184,891 $ 59,603,891 $ 62,788,782 Multi-family and commercial real estate 116,763 890,200 1,006,963 6,972,606 7,979,569 Commercial 98,280 98,280 1,815,186 1,913,466 Home equity 34,371 88,625 10,860 133,856 7,871,771 8,005,627 Consumer 29,967 71,387 101,354 576,610 677,964 Construction 56,027 56,027 Total Loans $ 657,940 $ 1,530,165 $ 2,337,239 $ 4,525,344 $ 76,896,091 $ 81,421,435 Percentage of Total Loans 0.81 % 1.88 % 2.87 % 5.56 % 94.44 % 100.0 % The Bank determines whether a restructuring of debt constitutes a troubled debt restructuring (“TDR”) in accordance with guidance under FASB ASC Topic 310 Receivables. The Company considers a loan a TDR when the borrower is experiencing financial difficulty and the Bank grants a concession that they would not otherwise consider but for the borrower’s financial difficulties. A TDR includes a modification of debt terms or assets received in satisfaction of the debt (including a foreclosure or a deed in lieu of foreclosure) or a combination of types. The Bank evaluates selective criteria to determine if a borrower is experiencing financial difficulty, including the ability of the borrower to obtain funds from sources other than the Bank at market rates. The Bank considers all TDR loans as impaired loans and, generally, they are put on non-accrual status. The Bank will not consider the loan a TDR if the loan modification was made for customer retention purposes. The Bank’s policy for returning a loan to accruing status requires the preparation of a well-documented credit evaluation which includes the following: ● A review of the borrower’s current financial condition in which the borrower must demonstrate sufficient cash flow to support the repayment of all principal and interest including any amounts previously charged-off; ● An updated appraisal or home valuation which must demonstrate sufficient collateral value to support the debt; ● Sustained performance based on the restructured terms for at least six consecutive months; ● Approval by senior management. The Bank had eleven loans totaling $2,351,531 and eleven loans totaling $2,237,988 whose terms were modified in a manner that met the criteria for a TDR as of March 31, 2016 and 2015, respectively. Restructured loans deemed to be TDRs typically are the result of extensions of the loan maturity date or a reduction of the interest rate to a rate that is below market, a combination of rate and maturity extension, or by other means including covenant modifications, forbearance and other concessions. However, the Company generally only restructures loans by modifying the payment structure to require payments of interest only or interest and escrows for a period of time or by reducing the actual interest rate to a current market rate, or a combination of both. In one instance, the Company restructured a loan by repaying loans with another lender who had a priority lien position and restructuring the whole indebtedness into an amortizing loan at market rates while taking additional collateral. As of March 31, 2016, three of the TDRs were commercial real estate loans with an aggregate outstanding balance of $676,293, one residential construction loan with an aggregate outstanding balance of $54,268, and seven were residential real estate loans with an aggregate outstanding balance of $1,620,970. The Company had one accruing TDR in the amount of $172,933 as of March 31, 2016 that was modified during the year. As of March 31, 2015, three of the TDRs were commercial real estate loans with an aggregate outstanding balance of $653,944, one residential construction loan with an aggregate outstanding balance of $56,027, and seven were residential real estate loans with an aggregate outstanding balance of $1,528,017. The Company had one accruing TDR in the amount of $110,205 as of March 31, 2015 that was modified during the year. All TDRs are considered impaired loans. If the Bank determines that the value of a modified loan is less than the recorded impairment in the loan, impairment is recognized through a charge to the allowance for loan losses at the time of determination. Impaired loans are measured based on the present value of expected future discounted cash flows, the fair value of the loan or the fair value of the underlying collateral if the loan is collateral dependent. The recognition of interest income on impaired loans is the same for non-accrual loans discussed above. At March 31, 2016, the Bank had eighteen loan relationships totaling $2,761,939 in non-accrual loans as compared to seventeen relationships totaling $2,337,239 at March 31, 2015. At March 31, 2016, the Bank had no impaired loan relationships in which impaired loans had a related allowance for credit losses. During the quarter ended December 31, 2011 and in connection with the Bank’s change in regulators from the Office of Thrift Supervision to the Office of the Comptroller of the Currency, the Bank revised its allowance for loan loss reserve methodology based on regulatory guidance to the effect that the use of specific reserves was no longer permitted. As of March 31, 2016 and 2015, the Bank no longer maintained specific valuation allowances against impaired loans. Any valuation adjustments on impaired loans are now charged against the loan balances at the time of valuation. The average balance of impaired loans totaled $4,965,658 for 2016 as compared to $4,707,275 for 2015, and interest income recorded on impaired loans during the year ended March 31, 2016 totaled $200,787 as compared to $201,449 for March 31, 2015. The following table represents data on impaired loans at March 31, 2016 and 2015: March 31, 2016 2015 Impaired loans for which a valuation allowance has been provided $ $ Impaired loans for which no valuation allowance has been provided 4,965,658 4,521,712 Total loans determined to be impaired $ 4,965,658 $ 4,521,712 Allowance for loans losses related to impaired loans $ $ Average recorded investment in impaired loans $ 5,054,436 $ 4,707,275 Cash basis interest income recognized on impaired loans $ 200,787 $ 201,449 The following table presents impaired loans with no valuation allowance by portfolio class at March 31, 2016: Interest Income Average Recognized Unpaid Related Annual While On Recorded Principal Valuation Recorded Impaired Investment Balance Allowance Investment Status Impaired loans with no valuation allowance: Residential real estate $ 2,964,318 $ 2,920,343 $ $ 2,912,541 $ 70,879 Multi-family and commercial real estate 1,938,180 1,935,352 1,992,465 117,115 Commercial 55,695 55,695 34,346 9,207 Home equity 39,066 775 Consumer 15,864 Construction 59,105 54,268 60,154 2,811 Subtotal $ 5,017,298 $ 4,965,658 $ $ 5,054,436 $ 200,787 Total Impaired Loans by Portfolio Class at March 31, 2016 Interest Income Average Recognized Unpaid Related Annual While On Recorded Principal Valuation Recorded Impaired Investment Balance Allowance Investment Status Total impaired loans: Residential real estate $ 2,964,318 $ 2,920,343 $ $ 2,912,541 $ 70,879 Multi-family and commercial real estate 1,938,180 1,935,352 1,992,465 117,115 Commercial 55,695 55,695 34,346 9,207 Home equity 39,066 775 Consumer 15,864 Construction 59,105 54,268 60,154 2,811 Total $ 5,017,298 $ 4,965,658 $ $ 5,054,436 $ 200,787 The following table presents impaired loans with no valuation allowance by portfolio class at March 31, 2015: Interest Income Average Recognized Unpaid Related Annual While On Recorded Principal Valuation Recorded Impaired Investment Balance Allowance Investment Status Impaired loans with no valuation allowance: Residential real estate $ 2,600,317 $ 2,535,471 $ $ 2,742,623 $ 65,065 Multi-family and commercial real estate 1,860,348 1,813,440 1,727,671 129,426 Commercial 34,526 34,526 30,991 1,314 Home equity 10,860 10,860 129,542 176 Consumer 71,388 71,388 18,185 2,169 Construction 56,027 56,027 58,263 3,299 Subtotal $ 4,633,466 $ 4,521,712 $ $ 4,707,275 $ 201,449 Total Impaired Loans by Portfolio Class at March 31, 2015 Interest Income Average Recognized Unpaid Related Annual While On Recorded Principal Valuation Recorded Impaired Investment Balance Allowance Investment Status Total impaired loans: Residential real estate $ 2,600,317 $ 2,535,471 $ $ 2,742,623 $ 65,065 Multi-family and commercial real estate 1,860,348 1,813,440 1,727,671 129,426 Commercial 34,526 34,526 30,991 1,314 Home equity 10,860 10,860 129,542 176 Consumer 71,388 71,388 18,185 2,169 Construction 56,027 56,027 58,263 3,299 Total $ 4,633,466 $ 4,521,712 $ $ 4,707,275 $ 201,449 The following table presents non-performing assets as of March 31, 2016 and 2015. March 31, 2016 2015 Non-accrual loans: Residential real estate $ 1,333,383 $ 880,061 Multi-family and commercial real estate 552,545 661,456 Commercial 21,318 Home equity 110,921 10,860 Consumer 71,387 Construction Total non-accrual loans 2,018,167 1,623,764 March 31, 2016 2015 Accruing loans past due 90 days or more: Residential real estate $ $ Multi-family and commercial real estate Commercial Consumer Construction Total accruing loans past due 90 days or more Troubled debt restructurings: In non-accrual status: Residential real estate $ 744,222 $ 484,731 Multi-family and commercial real estate 228,744 Commercial Home equity Consumer Construction Total troubled debt restructurings in non- accrual status 744,222 713,475 Performing under modified terms: Residential real estate $ 787,462 $ 695,546 Multi-family and commercial real estate 765,579 772,940 Commercial Home equity Consumer Construction 54,268 56,027 Total troubled debt restructurings performing under modified terms 1,607,309 1,524,513 Total troubled debt restructurings 2,351,531 2,237,988 Total non-performing loans 4,369,698 3,861,752 Real estate owned 1,763,627 2,433,483 Total non-performing assets $ 6,133,325 $ 6,295,235 Non-performing loans as a percentage of loans 5.24 % 4.74 % Non-performing assets as a percentage of loans and real estate owned 7.20 % 7.51 % Non-performing assets as a percentage of total assets 4.74 % 4.90 % The following table presents troubled debt restructurings that occurred during the years ended March 31, 2016 and 2015 and loans modified as troubled debt restructurings with the previous 12 months and for which there was a payment default during the period. 2016 2015 Outstanding Recorded Outstanding Recorded Investment Investment Number of Pre- Post- Number of Pre- Post- Contracts Modification Modification Contracts Modification Modification Troubled debt restructurings: Residential real estate 1 $ 163,767 $ 172,933 1 $ 95,511 $ 111,000 Number of Recorded Number of Recorded Contracts Investment Contracts Investment Troubled debt restructurings that subsequently defaulted: Residential real estate -0- $ -0- $ The following table presents the changes in real estate owned (REO), net of valuation allowance, for the years ended March 31, 2016 and 2015. March 31, 2016 2015 Balance, beginning of year $ 2,433,483 $ 1,949,825 Additions from loan foreclosures 332,495 2,332,861 Additions from capitalized costs Dispositions of REO ( 751,952 ) ( 1,591,941 ) (Loss) on sale of REO ( 3,519 ) ( 82,062 ) Valuation adjustments during the year ( 246,879 ) ( 175,200 ) Balance, end of year $ 1,763,628 $ 2,433,483 The following table presents the changes in fair value adjustments to REO for the years ended March 31, 2016 and 2015. March 31, 2016 2015 Balance, beginning of year $ 850,865 $ 675,665 Valuation adjustments added during the year 246,879 642,080 Valuation adjustments on disposed properties during the year ( 870,513 ) ( 466,880 ) Balance, end of year $ 227,231 $ 850,865 The following table sets forth with respect to the Bank’s allowance for losses on loans: March 31, 2016 2015 Balance at beginning of year $ 1,185,178 $ 1,448,298 Provision: Residential real estate ( 132,262 ) 177,490 Multi-family and commercial real estate 9,520 175,662 Commercial ( 11,855 ) 44,689 Home equity loans 10,741 21,478 Consumer 53,156 ( 25,522 ) Construction -0- ( 3,797 ) Total Provision (Recapture) $ ( 70,700 ) $ 390,000 Charge-Offs: Residential real estate 39,730 142,279 Multi-family and commercial real estate 16,871 597,896 Commercial 19,325 Home equity 10,860 Consumer 71,388 4,054 Recoveries ( 123,603 ) ( 110,434 ) Total Net Charge-Offs 15,246 653,120 Balance at end of year $ 1,099,232 $ 1,185,178 Year-end loans outstanding $ 83,374,259 $ 81,421,435 Average loans outstanding $ 83,665,599 $ 83,252,940 Allowance as a percentage of year-end loans 1.32 % 1.46 % Net charge-offs as a percentage of average loans 0.02 % 0.78 % Additional details for changes in the allowance for loan by loan portfolio as of March 31, 2016 are as follows: Residential Real Estate Multi-Family and Commercial Real Estate Commercial Home Equity Consumer Construction Total Allowance for loan losses: Beginning balance $ 702,105 $ 288,893 $ 86,300 $ 86,847 $ 21,033 $ -0- $ 1,185,178 Loan charge-offs (39,730 ) (16,871 ) (10,860 ) (71,388 ) (138,849 ) Recoveries 38,221 57,480 5,543 22,359 123,603 Provision for loan losses (132,262 ) 9,520 (11,855 ) 10,741 53,156 (70,700 ) Ending balance $ 568,334 $ 339,022 $ 79,988 $ 86,728 $ 25,160 $ $ 1,099,232 Ending balance: individually evaluated for impairment $ $ $ $ $ $ $ Ending balance: collectively evaluated for impairment $ 568,334 $ 339,022 $ 79,988 $ 86,728 $ 25,160 $ $ 1,099,232 Loans: Ending balance $ 62,250,645 $ 9,569,328 $ 2,290,405 $ 8,527,420 $ 682,193 $ 54,268 $ 83,374,259 Ending balance: individually evaluated for impairment $ 2,448,138 $ 1,637,617 $ 132,657 $ 517,079 $ $ 54,268 $ 4,789,759 Ending balance: collectively evaluated for impairment $ 59,802,507 $ 7,931,711 $ 2,157,748 $ 8,010,341 $ 682,193 $ $ 78,584,500 Additional details for changes in the allowance for loan by loan portfolio as of March 31, 2015 are as follows: Residential Real Estate Multi-Family and Commercial Real Estate Commercial Home Equity Consumer Construction Total Allowance for loan losses: Beginning balance $ 656,156 $ 634,968 $ 58,399 $ 65,369 $ 29,609 $ 3,797 $ 1,448,298 Loan charge-offs (142,279 ) (597,896 ) (19,325 ) (4,054 ) (763,554 ) Recoveries 10,738 76,159 2,537 21,000 110,434 Provision for loan losses 177,490 175,662 44,689 21,478 (25,522 ) (3,797 ) 390,000 Ending balance $ 702,105 $ 288,893 $ 86,300 $ 86,847 $ 21,033 $ -0- $ 1,185,178 Ending balance: individually evaluated for impairment $ $ $ $ $ $ $ Ending balance: collectively evaluated for impairment $ 702,105 $ 288,893 $ 86,300 $ 86,847 $ 21,033 $ $ 1,185,178 Loans: Ending balance $ 62,788,782 $ 7,979,569 $ 1,913,466 $ 8,005,627 $ 677,964 $ 56,027 $ 81,421,435 Ending balance: individually evaluated for impairment $ 2,548,574 $ 1,813,440 $ 34,526 $ 10,860 $ $ $ 4,407,400 Ending balance: collectively evaluated for impairment $ 60,240,208 $ 6,166,129 $ 1,878,940 $ 7,994,767 $ 677,964 $ 56,027 $ 77,014,035 The Bank prepares an allowance for loan loss model on a quarterly basis to determine the adequacy of the allowance. Management considers a variety of factors when establishing the allowance, such as the impact of current economic conditions, diversification of the loan portfolio, delinquency statistics, results of independent loan review and related classifications. The Bank’s historic loss rates and the loss rates of peer financial institutions are also considered. In evaluating the Bank’s allowance for loan loss, the Bank maintains a loan committee consisting of senior management and the Board of Directors that monitors problem loans and formulates collection efforts and resolution plans for each borrower. On a monthly basis, the loan committee meets to review each problem loan and determine if there has been any change in collateral value due to changes in market conditions. Each quarter, when calculating the allowance for loan loss, the loan committee reviews an updated loan impairment analysis on each problem loan to determine if a specific provision for loan loss is warranted. Management reviews the most recent appraisal on each loan adjusted for holding and selling costs. In the event there is not a recent appraisal on file, the Bank will use the aged appraisal and apply a discount factor to the appraisal and then adjust the holding and selling costs from the discounted appraisal value. At March 31, 2016, the Bank maintained an allowance for loan loss ratio of 1.32% to year end loans outstanding. On a linked basis, non-performing assets have decreased by $161,910 over their stated levels at March 31, 2015 representing a non-performing asset to total asset ratio of 4.74% at March 31, 2016 as compared to a non-performing asset to total asset ratio of 4.90% at March 31, 2015. The Bank’s charge-off policy states that any asset classified loss shall be charged-off within thirty days of such classification unless the asset has already been eliminated from the books by collection or other appropriate entry. On a quarterly basis, the loan committee will review past due, classified, non-performing and other loans, as it deems appropriate, to determine the collectability of such loans. If the loan committee determines a loan to be uncollectable, the loan shall be charged to the allowance for loan loss. In addition, upon reviewing the collectability, the loan committee may determine a portion of the loan to be uncollectable; in which case that portion of the loan deemed uncollectable will be partially charged-off against the allowance for loan loss. For the year ending March 31, 2016, the Bank experienced one charge-off relating to one loan relationship totaling $71,388 and partial charge-offs relating to three loan relationships totaling $67,461 as compared to two charge-offs relating to two loan relationships totaling $22,694 and partial charge-offs relating to seventeen loan relationships totaling $740,860 for the year ended March 31, 2015. In the ordinary course of business, the Bank has and expects to continue to have transactions, including borrowings, with its officers and directors. In the opinion of management, transactions with directors were on substantially the same terms, including interest rates and collateral, as those prevailing at the time of comparable transactions with other persons and did not involve more than a normal risk of collectability or present any other unfavorable features to the Bank. Officers of the Company are entitled to 1% loan discount, under a Bank-wide employee discount program, from those prevailing at the time of comparable transactions with other persons and did not involve more than a normal risk of collectability or present any other unfavorable features to the Bank. Loans to such borrowers are summarized as follows: March 31, 2016 2015 Balance, beginning of year $ 786,325 $ 776,516 Payments (56,887 ) (30,691 ) Borrower no longer associated with Bank (40,712 ) Borrowings 1,000,000 40,500 Balance, end of year $ 1,688,726 $ 786,325

Note 7 - Loan Servicing

Note 7 - Loan Servicing	12 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Transfers and Servicing of Financial Assets [Text Block]	7. LOAN SERVICING Mortgage loans serviced for others are not included in the accompanying statement of financial condition. The unpaid principal balances of these loans at March 31, 2016 and 2015 are summarized as follows: March 31, 2016 2015 Mortgage Loan Servicing Portfolio: Mortgage Partnership Finance FHLB New York $ 125,666 $ 130,080

Note 8 - Accrued Interest Recei

Note 8 - Accrued Interest Receivable	12 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Other Assets Disclosure [Text Block]	8. ACCRUED INTEREST RECEIVABLE Accrued interest receivable at March 31, 2016 and 2015 consists of the following: March 31, 2016 2015 Loans $ 249,245 $ 261,564 Investment securities 116,358 165,257 Mortgage backed securities 3,535 10,019 $ 369,138 $ 436,840

Note 9 - Premises and Equipment

Note 9 - Premises and Equipment	12 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	9. PREMISES AND EQUIPMENT Premises and equipment at March 31, 2016 and 2015 consists of the following: March 31, 2016 2015 Land $ 1,451,203 $ 1,451,203 Buildings 6,864,728 6,848,967 Furniture, fixtures and equipment 2,054,765 2,006,454 10,370,696 10,306,624 Accumulated depreciation ( 4,080,649 ) ( 3,816,293 ) $ 6,290,047 $ 6,490,331 Depreciation expense amounted to $264,356 and $257,153 for the years ended March 31, 2016 and 2015, respectively.

Note 10 - Federal Home Loan Ban

Note 10 - Federal Home Loan Bank Stock	12 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Investment Holdings [Text Block]	10. FEDERAL HOME LOAN BANK STOCK The Company is a member of the Federal Home Loan Bank System. As a member, the Company maintains an investment in the capital stock of the Federal Home Loan Bank of New York in an amount not less than 1% of its outstanding home loans or 1/20 of its outstanding notes payable, if any, to the Federal Home Loan Bank of New York, whichever is greater, as calculated December 31 of each year.

Note 11 - Deposits

Note 11 - Deposits	12 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Deposit Liabilities Disclosures [Text Block]	11. DEPOSITS Deposit account balances at March 31, 2016 and 2015 are summarized as follows: March 31, 2016 Weighted Average Percent of Amount Interest Rate Portfolio Non interest bearing accounts $ 12,054,146 % 10.78 Interest bearing checking accounts 23,027,846 0.19 20.59 Passbook savings accounts 17,724,072 0.10 15.84 Money Market accounts 19,813,982 0.49 17.71 Club accounts 143,488 0.10 0.13 72,763,534 65.05 Certificates of Deposits: 0.10% to 0.99% 21,695,607 0.59 19.39 1.00% to 1.99% 14,773,019 1.29 13.21 2.00% to 2.99% 2,632,487 2.23 2.35 39,101,113 34.95 $ 111,864,647 100.00 % March 31, 2015 Weighted Average Percent of Amount Interest Rate Portfolio Non interest bearing accounts $ 10,733,275 % 9.74 Interest bearing checking accounts 20,816,278 0.20 18.89 Passbook savings accounts 15,415,613 0.10 13.99 Money Market accounts 19,780,377 0.44 17.95 Club accounts 133,586 0.10 0.12 66,879,129 60.69 Certificates of Deposits: 0.10% to 0.99% 26,142,514 0.56 23.72 1.00% to 1.99% 12,866,189 1.29 11.68 2.00% to 2.99% 4,310,287 2.31 3.91 43,318,990 39.31 $ 110,198,119 100.00 % Certificates of deposit and other time deposits issued in denominations that meets or exceeds the FDIC insurance limit of $250,000 totaled $2,485,471 and $1,884,049 at March 31, 2016 and 2015, respectively, and are included in interest-bearing deposits in the balance sheet. Scheduled maturities of certificates of deposits at March 31, 2016 and 2015 are as follows: March 31, 2016 2015 2016 $ $ 25,527,548 2017 23,090,517 9,336,093 2018 8,181,234 3,584,198 2019 3,374,490 2,252,245 2020 2,358,507 2,618,906 2021 2,096,365 $ 39,101,113 $ 43,318,990 The Company held deposits from officers and directors of approximately $755,000 and $957,000 at March 31, 2016 and 2015, respectively. These transactions were on the same terms as those prevailing at the time of comparable transactions with other persons.

Note 12 - Line of Credit from A

Note 12 - Line of Credit from Atlantic Community Bankers Bank	12 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Debt Disclosure [Text Block]	12. LINE OF CREDIT FROM ATLANTIC COMMUNITY BANKERS BANK The Company maintains a line of credit with Atlantic Community Bankers Bank at a rate to be determined by the lender when funds are borrowed. At March 31, 2016 and 2015, the outstanding balance on the $1 million unsecured line of credit was $ -0-.

Note 13 - Advances from Federal

Note 13 - Advances from Federal Home Loan Bank	12 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Federal Home Loan Bank Advances, Disclosure [Text Block]	13. ADVANCES FROM FEDERAL HOME LOAN BANK Advances from the Federal Home Loan Bank of New York as of March 31, 2016 and 2015 are as follows: Maturity Interest Date Rate 2016 2015 October 19, 2016 0.45 % $ $ 1,000,000 April 18, 2016 0.74 % 2,000,000 2,000,000 October 17, 2016 0.81 % 1,000,000 1,000,000 $ 3,000,000 $ 4,000,000 Specific repos and other securities, with balances approximating $16,800,000 and $18,088,000 at March 31, 2016 and 2015, respectively, were pledged to the FHLB of New York as collateral. As of March 31, 2016, the Company had a borrowing capacity in a combination of term advances and overnight borrowings of up to $9,586,016 at the FHLB of New York.

Note 14 - Income Taxes

Note 14 - Income Taxes	12 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Income Tax Disclosure [Text Block]	14. INCOME TAXES The Company is subject to federal and New Jersey state income tax. The Company and subsidiary file a consolidated federal income tax return. The Company’s consolidated (credit) for income taxes for the years ended March 31, 2016 and 2015 consists of the following: Years Ended March 31, 2016 2015 Income Tax Expense (benefit) Current federal tax expense Federal $ - $ - State 3,000 3,000 Deferred tax (benefit) Federal (85,569 ) (241,825 ) State 29,971 (86,395 ) Total $ (52,598 ) $ (325,220 ) The consolidated provision for income taxes for the years ended March 31, 2016 and 2015 differs from that computed by applying federal statutory rates to income before federal income tax expense, as indicated in the following analysis: Years Ended March 31, 2016 2015 Expected federal tax provision (benefit) at 34% rate $ (24,027 ) $ (325,738 ) Municipal bond interest (469 ) (899 ) Increase in cash surrender value of life insurance (1,700 ) (1,972 ) State income tax (26,402 ) (64,021 ) Valuation allowance for state operating loss carryforward 67,410 Total income tax (benefit) (52,598 ) (325,220 ) Effective tax rate (benefit) (74.4% ) (33.9% ) A summary of deferred tax assets and liabilities as of March 31, 2016 and 2015 are as follows: March 31, 2016 2015 Deferred tax assets: Accrued pension costs $ 9,500 $ 7,200 Allowance for loan losses 438,935 722,503 Directors’ benefit plans 131,500 122,000 Employee stock option 32,200 18,200 FASB 158 – unrecognized transition costs 91,100 118,000 Federal tax loss carryforward 1,050,900 774,000 State tax loss carryforward 372,800 391,000 Unrealized losses on securities available-for-sale 11,000 Non accrual interest 15,000 16,000 Total deferred tax assets $ 2,141,935 $ 2,179,903 Valuation allowance - (67,410 ) March 31, 2016 2015 Deferred tax liabilities: Accumulated depreciation $ (64,000 ) $ (52,260 ) Unrealized gains on securities available-for-sale (11,400 ) Total deferred tax liabilities (75,400 ) (52,260 ) NET DEFERRED TAX ASSETS $ 2,066,535 $ 2,060,233 The Company accounts for uncertainties in income taxes in accordance with FASB ASC Topic 740 “Accounting for Uncertainty in Income Taxes”. The Company has determined that there are no significant uncertain tax positions requiring recognition in its financial statements. In the event the Company is assessed for interest and/or penalties by taxing authorities, such assessed amounts will be classified in the financial statements as income tax expense. As of March 2016, the Internal Revenue Service had concluded an audit of the Company's tax returns for the years ended December 31, 2013 and 2014 and no adverse findings were noted. The federal income tax returns for taxable years through December 31, 2014 have been closed for purposes of examination by the Internal Revenue Service. Tax year 2015 remains subject to examination by federal taxing authorities. Tax years 2012 through 2015 remain subject to examination by New Jersey and Pennsylvania taxing authorities. The Company has considered future market growth, forecasted earnings, future taxable income, and prudent, feasible and permissible tax planning strategies in determining the realizability of deferred tax assets. If the Company were to determine that it would not be able to realize a portion of its net deferred tax assets in the future, an adjustment to the net deferred tax assets would be charged to earnings in the period such determination was made. As of March 31, 2016, the Company had approximately $3,400,000 federal net operating loss carryforwards, which result in a deferred tax asset of $1,050,900, expiring from 2029 through 2035. As of March 31, 2016, the Company had approximately $4,140,000 of state net operating loss carryforwards, which result in a deferred tax asset of $372,800, expiring from 2029 through 2035.

Note 15 - Employee Benefits

Note 15 - Employee Benefits	12 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Compensation and Employee Benefit Plans [Text Block]	15. EMPLOYEE BENEFITS Cash/Deferred Profit Sharing Plan The Company maintains a cash/deferred profit sharing plan covering all full time employees with one year of service and who are at least twenty-one years of age. Participants enter the Plan on the 1st of January or 1st of July subsequent to meeting the above requirements. The Company may contribute up to 10% of the annual compensation of each eligible employee. The Company’s contribution to the plan was $-0- for the years ended March 31, 2016 and 2015.

Note 16 - Board of Directors' R

Note 16 - Board of Directors' Retirement Plan	12 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Pension and Other Postretirement Benefits Disclosure [Text Block]	16. BOARD OF DIRECTORS’ RETIREMENT PLAN The Company established a Defined Benefit Retirement Plan for the Bank’s Board of Directors on January 1, 2002. This plan provides a monthly retirement benefit equal to 4% of the board fees payable as of their retirement date, multiplied by their completed years of service, up to a maximum of 80% of the final fee amount. Directors must complete at least ten years of service in order to receive a retirement benefit under the plan. Director retirement benefits are payable in equal monthly installments during the director’s lifetime, unless the director elects to receive a life annuity with the first 129 months guaranteed or a life annuity with either 50% or 100% (joint and survivor benefits) continuing for the spouse’s lifetime after the Director dies. Under these other options, the retirement benefit is reduced to account for the value of the potential additional payments. The estimated past service liability that will be amortized from accumulated other comprehensive income into net periodic pension costs over the next fiscal year is zero. Net pension expense was $59,196 and $30,648 for years ended March 31, 2016 and 2015, respectively. The components of net pension cost are as follows: Years Ended March 31, 2016 2015 Service cost $ 18,012 $ 7,080 Interest cost 23,276 18,924 Amortization of gain 17,908 4,644 Net amortization and deferral -0- -0- Net periodic pension cost $ 59,196 $ 30,648 The following table presents a reconciliation of the funded status of the defined benefit pension plan at March 31, 2016 and 2015: March 31, 2016 2015 Accumulated benefit obligation $ 540,070 $ 558,403 Projected benefit obligation 556,522 599,324 Fair value of plan assets -0- -0- Unfunded projected benefit obligation 556,522 599,324 The following table presents a reconciliation of benefit obligations and plan assets: March 31, 2016 2015 Change in Benefit Obligation Projected benefit obligation at beginning of year $ 599,324 $ 415,803 Service cost 18,012 7,080 Interest cost 23,276 18,924 Actuarial (gain) loss (48,863 ) 192,737 Benefits paid (35,227 ) (35,220 ) Benefit obligation at end of year $ 556,522 $ 599,324 March 31, 2016 2015 Change in Plan Assets Fair value of Plan assets at beginning of year $ -0- $ -0- Actual return on Plan assets -0- -0- Employer contributions 35,227 35,220 Benefits paid (35,227 ) (35,220 ) Fair value of Plan assets at end of year $ -0- $ -0- Actuarial assumptions used in determining pension amounts are as follows: Years Ended March 31, 2016 2015 Discount rate for periodic pension cost 4.00 % 4.75 % Discount rate for benefit obligation 4.25 % 4.00 % Rate of increase in compensation levels and social security wage base 2.00 % 2.00 % Expected long-term rate of return on plan assets N/A N/A

Note 17 - Employee Stock Owners

Note 17 - Employee Stock Ownership Plan (ESOP)	12 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Employee Stock Ownership Plan ESOP [Text Block]	17. EMPLOYEE STOCK OWNERSHIP PLAN (ESOP) The Company has an Employee Stock Ownership Plan (“ESOP”) for the benefit of employees who meet the eligibility requirements as defined in the ESOP. The ESOP purchased 64,081 shares of common stock in the offering completed in March 2007 using proceeds of a loan from the former mid-tier holding company. The Company made annual payments of principal and interest over a term of 20 years at a rate of 8.25% to the Company. On October 16, 2013, the remaining unallocated shares were converted at a conversion rate of .5711 to 1 of the new Company shares. The remaining loan balance was refinanced over a term of 14 years at a rate of 3.25%. The ESOP has a second loan from the Company to fund the purchase of 23,644 additional shares in connection with the second step conversion completed on October 16, 2013 under which the Company makes annual payments of principal and interest over a term of 14 years at a rate of 3.25% to the Company. The loans are secured by the shares of the stock purchased. The following table presents the components of the ESOP shares purchased. Years Ended March 31, 2016 2015 Shares released for allocation 21,534 18,016 Unearned shares 38,706 42,224 Total ESOP shares 60,240 60,240

Note 18 - Stock Based Compensat

Note 18 - Stock Based Compensation	12 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	18. STOCK BASED COMPENSATION On May 19, 2008, the Board of Directors adopted and the stockholders approved on August 18, 2008, the Delanco Bancorp, Inc. 2008 Equity Incentive Plan. The 2008 Equity Incentive Plan authorized the granting of up to 80,101 stock options and 32,040 shares of restricted stock. All of the Company’s employees, officers, and directors are eligible to participate in the 2008 Plan. On October 16, 2013, options to purchase a total of 20,000 shares were granted at a price of $8.00 per share. The option will expire on the tenth anniversary of the date of the grant and will become exercisable in equal 20% installments on each anniversary of the grant date. The following table is a summary of the status of the shares under the 2008 Equity Incentive Plan as of March 31, 2016 and changes during the year ended March 31, 2016. Year Ended March 31, 2016 Weighted Average Number of Grant Date Shares Fair Value Restricted at the beginning of the period 16,000 $ 8.69 Granted Vested 4,000 Forfeited Restricted at the end of the period 12,000 8.69

Note 19 - Earnings Per Share

Note 19 - Earnings Per Share	12 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Earnings Per Share [Text Block]	19. EARNINGS PER SHARE The following table sets forth the composition of the weighted average shares (denominator) used in the basic and dilutive earnings per share computation for the years ended March 31, 2016 and 2015. 2016 2015 Net (Loss) (18,070 ) $ (632,832 ) Weighted average shares outstanding 945,425 945,425 Adjusted average unearned ESOP shares (38,705 ) (42,224 ) Weighted average share outstanding - basic 906,720 903,201 Effect of dilutive common stock equivalents - - Adjusted weighted average shares outstanding - dilutive 906,720 903,201 Basic loss per share $ (0.02 ) $ (0.70 ) Diluted loss per share $ (0.02 ) $ (0.70 ) The effect of the 20,000 stock options outstanding as of March 31, 2016 is antidilutive and therefore not presented in the above table.

Note 20 - Fair Value Measuremen

Note 20 - Fair Value Measurements	12 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Fair Value, Measurement Inputs, Disclosure [Text Block]	20. FAIR VALUE MEASUREMENTS FASB ASC 825, Financial Instruments, permits entities to measure many financial instruments and certain other items at fair value. The objective is to improve financial reporting by providing entities with the opportunity to mitigate volatility in reported earnings caused by measuring related assets and liabilities differently without having to apply complex hedge accounting provisions. The election to use the fair value option is available when an entity first recognizes a financial asset or financial liability or upon entering into a commitment. Subsequent changes must be recorded in earnings. FASB ASC 820, Fair Value Measurement clarifies that fair value is an exit price, representing the amount that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants. Under this guidance, fair value measurements are not adjusted for transaction costs. This guidance establishes a fair value hierarchy that prioritizes the inputs to valuation techniques used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurements) and the lowest priority to unobservable inputs (Level 3 measurements). The three levels of the fair value hierarchy under this guidance are described below. Level 1 Valuations for assets and liabilities traded in active exchange markets. Valuations are obtained from readily available pricing sources for market transactions involving identical assets or liabilities. Level 2 Valuations for assets and liabilities traded in less active dealer or broker markets. Valuations are obtained from third party pricing services for identical or comparable assets or liabilities which use observable inputs other than Level 1 prices, such as quoted prices for similar assets or liabilities; quoted prices in active markets that are not active; or other inputs that are observable or can be corroborated by observable market data for substantially the full term of the assets or liabilities. Level 3 Unobservable inputs that are supported by little or no market activity and that are significant to the fair value of the assets or liabilities. A financial instrument’s level within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The types of instruments valued based on quoted market prices in active markets include most U.S. government and agency securities, liquid mortgage products, active listed equities and most money market securities. Such instruments are generally classified within Level 1 or Level 2 of the fair value hierarchy. As required by this guidance, the Company does not adjust the quoted price for such instruments. The types of instruments valued based on quoted prices in markets that are not active, broker or dealer quotations, or alternative pricing sources with reasonable levels of price transparency include most investment-grade and high-yield corporate bonds, less liquid mortgage products, less liquid entities, state, municipal and provincial obligations, and certain physical commodities. Such instruments are generally classified within Level 2 of the fair value hierarchy. Level 3 is for positions that are not traded in active markets or are subject to transfer restrictions, valuations are adjusted to reflect illiquidity and/or non-transferability, and such adjustments are generally based on available market evidence. In the absence of such evidence, management’s best estimate is used. Impaired loans are evaluated and valued at the time the loan is identified as impaired, at the lower of cost or market value. Market value is measured based on the value of the collateral securing these loans and is classified at a Level 3 in the fair value hierarchy. Collateral may be real estate and/or business assets including equipment, inventory and/or accounts receivable. The value of real estate collateral is determined based on appraisal by qualified licensed appraisers hired by the Company. The value of business equipment, inventory and accounts receivable collateral is based on the net book value on the business’ financial statements and, if necessary, discounted based on management’s review and analysis. Appraised and reported values may be discounted based on management’s historical knowledge, changes in market conditions from the time of valuation, and/or management’s expertise and knowledge of the client and client’s business. Impaired loans are reviewed and evaluated on at least a quarterly basis for additional impairment and adjusted accordingly, based on the same factors identified previously. The following tables set forth the Company’s assets and liabilities that were accounted for or disclosed at fair value on a recurring basis as of March 31, 2016 and 2015. Significant Other Significant Carrying Observable Unobservable Value Quoted Prices Inputs Inputs (Fair Value) (Level 1) (Level 2) (Level 3) March 31, 2016 Securities available for sale: Certificates of Deposit $ 1,530,854 $ $ 1,530,854 $ Federal National Mortgage Association 497,247 497,247 Mutual Fund Shares 121,992 121,992 Totals $ 2,150,093 $ $ 2,150,093 $ Those assets as of March 31, 2015 which are to be measured at fair value on a recurring basis are as follows: Significant Other Significant Carrying Observable Unobservable Value Quoted Prices Inputs Inputs (Fair Value) (Level 1) (Level 2) (Level 3) March 31, 2015 Securities available for sale: Federal Home Loan Bank Bonds $ 489,883 $ $ 489,883 $ Federal National Mortgage Association 482,558 482,558 Mutual Fund Shares 155,074 155,074 Totals $ 1,127,515 $ $ 1,127,515 $ Certain assets are measured at fair value on a nonrecurring basis; that is, the instruments are not measured at fair value on an ongoing basis but are subject to fair value adjustments in certain circumstances (for example, when there is evidence of impairment). The Company measures impaired loans and real estate owned at fair value on a non-recurring basis. Impaired Loans The Company considers loans to be impaired when it becomes more likely than not that the Company will be unable to collect all amounts due in accordance with the contractual terms of the loan agreements. Collateral dependent impaired loans are based on the fair value of the collateral which is based on appraisals and would be categorized as Level 2 measurement. In some cases, adjustments are made to the appraised values for various factors including the age of the appraisal, age of the comparables included in the appraisal, and known changes in the market and in the collateral. These adjustments are based upon unobservable inputs, and therefore, the fair value measurement would be categorized as a Level 3 measurement. These loans are reviewed for impairment and written down to their net realizable value by charges against the allowance for loan losses. Real Estate Owned Once an asset is determined to be uncollectible, the underlying collateral is generally repossessed and reclassified to foreclosed real estate and repossessed assets. These repossessed assets are carried at the lower of cost or fair value of the collateral, based on independent appraisals, less cost to sell and would be categorized as Level 2 measurement. In some cases, adjustments are made to the appraised values for various factors including age of the appraisal, age of the comparables included in the appraisal, and known changes in the market and in the collateral. Thus the evaluations are based upon unobservable inputs, and therefore, the fair value measurement would be categorized as a Level 3 measurement. The following tables set forth the Company’s assets and liabilities that were accounted for and or disclosed at fair value on a nonrecurring basis as of March 31, 2016 and 2015: Significant Other Significant Carrying Observable Unobservable Value Quoted Prices Inputs Inputs (Fair Value) (Level 1) (Level 2) (Level 3) March 31, 2016 Impaired loans $ 4,965,658 $ $ $ 4,965,658 Real estate owned 1,763,628 1,763,628 Total $ 6,729,286 $ $ 6,729,286 Significant Other Significant Carrying Observable Unobservable Value Quoted Prices Inputs Inputs (Fair Value) (Level 1) (Level 2) (Level 3) March 31, 2015 Impaired loans $ 4,521,712 $ $ $ 4,521,712 Real estate owned 2,433,483 2,433,483 Total $ 6,955,195 $ $ $ 6,955,195 The following table provides information describing the valuation processes used to determine nonrecurring fair value measurement categorized within Level 3 of the fair value hierarchy as of March 31, 2016 and 2015: March 31, 2016 Fair Valuation Value Technique Unobservable Input Range Impaired loans $ 4,965,658 Property appraisals Management discount for selling costs, property type discount and market volatility 7% - 12% discount Real estate owned $ 1,763,628 Property appraisals Management discount for selling costs, property type discount and market volatility 7% - 12% discount March 31, 2016 Fair Valuation Value Technique Unobservable Input Range Impaired loans $ 4,521,712 Property appraisals Management discount for selling costs, property type discount and market volatility 7% - 12% discount Real estate owned $ 2,433,483 Property appraisals Management discount for selling costs, property type discount and market volatility 7% - 12% discount The fair value of financial instruments amounts have been determined by the Company using available market information and appropriate valuation methodologies. However, considerable judgment is required to interpret market data to develop the estimates of fair value. Accordingly, the estimates presented herein are not necessarily indicative of the amounts the Company could realize in a current market exchange. The use of different market assumptions and/or estimation methodologies may have a material effect on the estimated fair value amounts. In accordance with the disclosure requirements of FASB ASC 825, Financial Instruments, the estimated fair values of the Company’s financial instruments are as follows: Fair Value Measurements Significant Significant Other Unobserv- Quoted Observable able Carrying Prices Inputs Inputs March 31,2016 Amount Fair Value (Level 1) (Level 2) (Level 3) Financial Assets: Cash and cash equivalents $ 12,127,388 $ 12,127,388 $ 12,127,388 $ $ Investment securities available for sale 2,121,777 2,150,093 2,150,093 Investment and mortgage-backed securities held to maturity 21,584,538 84,744,000 21,639,610 Loans receivable, net 82,197,809 84,744,000 Accrued interest receivable 369,138 369,138 369,138 Federal Home Loan Bank stock 253,800 253,800 253,800 Bank owned life insurance 174,252 174,252 174,252 Financial Liabilities: Deposits – non-interest bearing 12,054,146 12,054,146 12,054,146 Deposits – interest bearing 99,810,501 99,899,854 Advances from Federal Home Loan Bank 3,000,000 3,000,000 3,000,000 Accrued interest payable 5,830 5,830 5,830 Advances from borrowers for taxes and insurance 433,034 433,034 433,034 Fair Value Measurements Significant Significant Other Unobserv- Quoted Observable able Carrying Prices Inputs Inputs March 31, 2016 Amount Fair Value (Level 1) (Level 2) (Level 3) Financial Assets: Cash and cash equivalents $ 10,450,448 $ 10,450,448 $ 10,450,448 $ $ Investment securities available for sale 1,154,418 1,127,515 1,127,515 Investment and mortgage-backed securities held to maturity 24,617,338 24,566,903 24,566,903 Loans receivable, net 80,146,397 79,675,000 79,675,000 Accrued interest receivable 436,840 436,840 436,840 Federal Home Loan Bank stock 306,300 306,300 306,300 Bank owned life insurance 169,252 169,252 169,252 Financial Liabilities: Deposits – non-interest bearing 10,733,275 10,733,275 10,733,275 Deposits – interest bearing 99,464,844 99,411,000 99,411,000 Advances from Federal Home Loan Bank 4,000,000 4,000,000 4,000,000 Accrued interest payable 5,763 5,763 5,763 Advances from borrowers for taxes and insurance 320,356 320,356 320,356 Cash and Cash Equivalents – For cash and cash equivalents, the carrying amount is a reasonable estimate of fair value. Investments and Mortgage-Backed Securities – The fair value of investment securities and mortgage-backed securities is based on quoted market prices, dealer quotes, and prices obtained from independent pricing services. Loans Receivable – The fair value of loans is estimated based on present value using the current market rates at which similar loans would be made to borrowers with similar credit ratings and for the same remaining maturities. The carrying value that fair value is compared to is net of the allowance for loan losses and other associated premiums and discounts. Due to the significant judgment involved in evaluating credit quality, loans are classified within level 3 of the fair value hierarchy. Accrued Interest Receivable – For accrued interest receivable, the carrying amount is a reasonable estimate of fair value. Federal Home Loan Bank (FHLB) Stock – Although FHLB stock is an equity interest in an FHLB, it is carried at cost because it does not have a readily determinable fair value as its ownership is restricted and it lacks a market. The estimated fair value approximates the carrying amount. Bank Owned Life Insurance – The fair value of bank owned life insurance is based on the cash surrender value obtained from an independent advisor that are derivable from observable market inputs. Deposits – The fair value of deposits with no stated maturity, such as noninterest-bearing demand deposits, savings, and NOW and money market accounts, is equal to the amount payable on demand. The fair value of certificates of deposit is based on the discounted value of contractual cash flows. The discount rate is estimated using the rates currently offered for deposits of similar remaining maturities. Advances from the Federal Home Loan Bank – The carrying amounts of advances from the Federal Home Loan Bank approximate the fair value. Accrued Interest Payable – For accrued interest payable, the carrying amount is a reasonable estimate of fair value. Advances from Borrowers for Taxes and Insurance – For advances from borrowers for taxes and insurance, the carrying amount is a reasonable estimate of fair value.

Note 21 - Commitments and Conti

Note 21 - Commitments and Contingencies	12 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	21. COMMITMENTS AND CONTINGENCIES Financial Instruments In the normal course of business, there are outstanding commitments, contingent liabilities and other financial instruments that are not reflected in the accompanying financial statements. These include commitments to extend credit and standby letters of credit, which are some of the instruments used by the Company to meet the financing needs of its customers. These instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amounts recognized in the balance sheet. The Company’s exposure to credit loss in the event of nonperformance by the other parties to the financial instrument for these commitments is represented by the contractual amounts of those instruments. The Company uses the same credit policies in making commitments as it does for on-balance sheet instruments. These commitments as of March 31, 2016 and 2015 were as follows: 2016 2015 Contractual Contractual Amount Amount Financial instruments whose notional or contract amounts represent credit risk: Construction loan commitments $ $ 225,000 Unused commercial lines of credit 1,212,000 1,425,000 Unused home equity lines of credit 4,969,000 4,450,000 Personal lines of credit 635 2,500 1-4 family residential mortgage commitments 1,232,000 1,683,000 Commercial real estate mortgage commitments 1,000,000 Standby letters of credit 55,000 55,000 Total $ 7,468,635 $ 8,840,500 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Certain commitments have fixed expiration dates, or other termination clauses, and may require payment of a fee. Many of the commitments are expected to expire without being drawn upon; accordingly, the total commitment amounts do not necessarily represent future cash requirements. The Company evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral or other security obtained, if deemed necessary by the Company upon extension of credit, is based on management’s credit evaluation. Collateral held varies but may include deposits held in financial institutions; U.S. Treasury securities; other marketable securities; accounts receivable; inventory; property and equipment; personal residences; income-producing commercial properties and land under development. Personal guarantees are also obtained to provide added security for certain commitments. Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third party. Those guarantees are primarily issued to guarantee the installation of real property improvements and similar transactions. The credit risk involved in issued letters of credit is essentially the same as that involved in extending loan facilities to customers. The Company holds collateral and obtains personal guarantees supporting those commitments for which collateral or other security is deemed necessary. The Company has not been required to perform on any financial guarantees during the past two years. The Company has not incurred any losses on its commitments in either 2016 or 2015. Litigation The Company is subject to claims and lawsuits which arise primarily in the ordinary course of business. It is the opinion of management that the disposition or ultimate resolution of such claims and lawsuits will not have a material adverse effect on the financial position of the Company.

Note 22 - Related Party Transac

Note 22 - Related Party Transactions	12 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Related Party Transactions Disclosure [Text Block]	22. RELATED PARTY TRANSACTIONS The Company obtained legal services and insurance products from other entities which were affiliated with Directors of the Bank. The aggregate payment for these products and services amounted to $186,985 and $183,345, for the years ended March 31, 2016 and 2015, respectively.

Note 23 - Regulatory Capital

Note 23 - Regulatory Capital	12 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Regulatory Capital Requirements under Banking Regulations [Text Block]	23. REGULATORY CAPITAL The Company and the Bank are subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet the minimum capital requirements can initiate certain mandatory, and possible additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s consolidated financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Company and the Bank must meet specific capital guidelines involving quantitative measures of assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. Capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios of total and Tier 1 Capital (as defined in the regulations) to risk-weighted assets (as defined), and of Tier I capital (as defined) to average assets (as defined). Management believes, as of March 31, 2016 and 2015, that the Bank meets all capital adequacy requirements to which it was subject. As of March 31, 2016, the Bank exceeded all regulatory capital requirements necessary to be considered a “well capitalized” bank, but was classified as “adequately capitalized” because it was subject to a written agreement with the OCC. The Bank’s actual and required capital amounts and ratios as of March 31, 2016 and 2015 are as follows: Minimum to be Well Capitalized Under Prompt For Capital Corrective Action Actual Adequacy Purposes Provisions Amount Ratio Amount Ratio Amount Ratio As of March 31, 2016: Total Capital (to Risk-Weighted Assets) $ 11,859,000 17.26 % ≥ $5,498,000 ≥ 8.0% ≥ $6,873,000 ≥ 10.0% Tier 1 Capital (to Risk-Weighted Assets) $ 10,988,000 15.99 % ≥ $4,123,500 ≥ 6.0% ≥ $5,498,000 ≥ 8.0% Tier 1 Common (to Risk-Weighted Assets) $ 10,988,000 15.99 % ≥ $3,092,625 ≥ 4.5% ≥ $4,467,125 ≥ 6.5% Tier 1 Capital (to Average Assets) $ 10,988,000 8.67 % ≥ $5,068,000 ≥ 4.0% ≥ $6,335,000 ≥ 5.0% Minimum to be Well Capitalized Under Prompt For Capital Corrective Action Actual Adequacy Purposes Provisions Amount Ratio Amount Ratio Amount Ratio As of March 31, 2015: Total Capital (to Risk-Weighted Assets) $ 11,839,000 16.97 % ≥ $5,615,000 ≥ 8.0% ≥ $7,019,000 ≥ 10.0% Tier 1 Capital (to Risk-Weighted Assets) $ 10,958,000 15.61 % ≥ $4,211,520 ≥ 6.0% ≥ $5,615,000 ≥ 8.0% Tier 1 Common (to Risk-Weighted Assets) $ 10,958,000 15.61 % ≥ $3,158,640 ≥ 4.5% ≥ $4,562,000 ≥ 6.5% Tier 1 Capital (to Total Assets) $ 10,958,000 8.66 % ≥ $5,059,000 ≥ 4.0% ≥ $6,324,000 ≥ 5.0%

Note 24 - Regulatory Matters

Note 24 - Regulatory Matters	12 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Legal Matters and Contingencies [Text Block]	24. REGULATORY MATTERS Federal regulations place certain restrictions on dividends paid by the Bank to the Company. The total amount of dividends that may be paid at any date is generally limited to the earnings of the Bank year to date plus retained earnings for the prior two fiscal years, net of any prior capital distributions. In addition, dividends paid by the Bank to the Company would be prohibited if the distribution would cause the Bank’s capital to be reduced below the applicable minimum capital requirements. The Bank is party to a formal written agreement (the “Agreement”) with the Office of the Comptroller of the Currency (the “OCC”) dated November 21, 2012. The Agreement supersedes and terminates the Order to Cease and Desist issued by the Office of Thrift Supervision on March 17, 2010. The Agreement requires the Bank to take the following actions: ● prepare a three-year strategic plan that establishes objectives for the Bank’s overall risk profile, earnings performance, growth, balance sheet mix, liability structure, reduction in the volume of nonperforming assets, and product line development; ● prepare a capital plan that includes specific proposals related to the maintenance of adequate capital, identifies strategies to strengthen capital if necessary and includes detailed quarterly financial projections. If the OCC determines that the Bank has failed to submit an acceptable capital plan or fails to implement or adhere to its capital plan, then the OCC may require the Bank to develop a contingency capital plan detailing the Bank’s proposal to sell, merge or liquidate the Bank; ● prepare a criticized asset plan that will include strategies, targets, and timeframes to reduce the Bank’s level of criticized assets; ● implement a plan to improve the Bank’s credit risk management and credit administration practices; ● implement programs and policies related to the Bank’s allowance for loan and lease losses, liquidity risk management, independent loan review and other real estate owned; ● review the capabilities of the Bank’s management to perform present and anticipated duties and to recommend and implement any changes based on such assessment; ● not pay any dividends or make any other capital distributions without the prior written approval of the OCC; ● not make any severance or indemnification payments without complying with regulatory requirements regarding such payments; and ● comply with prior regulatory notification requirements for any changes in directors or senior executive officers. The Agreement will remain in effect until terminated, modified, or suspended in writing by the OCC. The written agreement does not require the Bank to maintain any specific minimum regulatory capital ratios. However, by letter dated January 2, 2013, the OCC established higher individual minimum capital requirements for the Bank. Specifically, the Bank must maintain Tier 1 capital at least equal to 8% of adjusted total assets, Tier 1 capital at least equal to 12% of risk-weighted assets, and total capital at least equal to 13% of risk-weighted assets. At March 31, 2016, the Bank’s Tier 1 leverage capital ratio, Tier 1 risk-based capital ratio and total risk based-capital ratio were 8.67%, 15.99% and 17.26%, respectively.

Note 25 - Changes in Accumulate

Note 25 - Changes in Accumulated Other Comprehensive Income (Loss) Balances	12 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	25. CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) BALANCES The following presents the changes in accumulated other comprehensive income (loss) by component net of tax: Unrealized Gains (Losses) Defined Accumulated On Available Benefit Other For Sale Pension Comprehensive Securities Plans Income (Loss) Balance as of April 1, 2015 $ (16,142 ) $ (176,714 ) $ (192,856 ) Other comprehensive income before reclassification 33,131 40,063 73,194 Total other comprehensive income 33,131 40,063 73,194 Balance as of March 31, 2016 $ 16,989 $ (136,651 ) $ (119,662 )

Note 26 - Financial Information

Note 26 - Financial Information of Parent Company	12 Months Ended
	Mar. 31, 2016
Notes to Financial Statements
Condensed Financial Information of Parent Company Only Disclosure [Text Block]	26. FINANCIAL INFORMATION OF PARENT COMPANY Delanco Bancorp, Inc. (Parent Company Only) For the Years Ended March 31, 2016 2015 Statement of Financial Condition Assets: Cash and cash equivalents $ 480,129 $ 460,783 Investment in Bank 9,536,490 9,592,799 Deferred income taxes 32,219 18,130 Total assets $ 10,048,838 $ 10,071,712 Stockholders’ equity: Total stockholders’ equity 10,048,838 10,071,712 Total liabilities and stockholders’ equity $ 10,048,838 $ 10,071,712 For the Years Ended March 31, 2016 2015 Income Statement Interest on ESOP loan $ 20,556 $ 21,938 Other interest income 456 706 Total income $ 21,012 $ 22,644 Management fee 45,000 45,000 Compensation expense 35,220 30,216 Total expense 80,220 75,216 (Loss) before income tax benefit and equity in undistributed net loss of subsidiary (59,208 ) (52,572 ) Equity in undistributed net income (loss) of subsidiary 27,549 (591,847 ) Income tax benefit 13,589 11,587 Net (loss) $ (18,070 ) $ (632,832 ) For the Years Ended March 31, 2016 2015 Cash Flows Adjustments to reconcile net loss to net cash used in operating activities: Share based compensation expense $ 35,220 $ 30,216 Operating activities: Net (loss) (18,070 ) $ (632,832 ) Undistributed net (income) loss of subsidiary (27,549 ) 591,847 Increase in deferred income taxes (14,089 ) (12,087 ) Net cash (used in) operating activities (24,488 ) (22,856 ) Investing activities: Distribution to subsidiary (275,000 ) Net cash (used in) investing activities (275,000 ) Financing activities: Proceeds from ESOP loan 43,834 42,451 Net cash provided by financing activities 43,834 42,451 Net increase (decrease) in cash and cash equivalents 19,346 (255,405 ) Cash and cash equivalents, beginning of year 460,783 716,188 Cash and cash equivalents, end of year $ 480,129 $ 460,783

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Mar. 31, 2016
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of Presentation and Consolidation The accounting and reporting policies of the Company conform with accounting principles and predominant practices within the banking industry. The consolidated financial statements of the Company include the accounts of Delanco Federal Savings Bank and its subsidiaries. Intercompany balances and transactions are eliminated in consolidation.
Use of Estimates, Policy [Policy Text Block]	Use of Estimates in the Preparation of Financial Statements The preparation of financial statements in conformity with accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. Material estimates and assumptions that are particularly susceptible to significant changes relate to the determination of the allowance for losses on loans, the fair value of financial instruments, the valuation of foreclosed real estate and the valuation of deferred tax assets. In connection with the determination of the estimated losses on loans and foreclosed real estate, management obtains independent appraisals for significant properties. A majority of the Bank’s loan portfolio consists of single-family residential, commercial and multi-family real estate loans in Southern New Jersey and Southeastern Pennsylvania. Accordingly, the ultimate collectibility of a substantial portion of the Bank’s loan portfolio and the recovery of a substantial portion of the carrying amount of foreclosed real estate are susceptible to changes in local market conditions. While management uses available information to recognize losses on loans and foreclosed real estate, further reductions in the carrying amounts of loans and foreclosed assets may be necessary based on changes in local economic conditions. In addition, regulatory agencies, as an integral part of their examination process, periodically review the estimated losses on loans and foreclosed real estate. Such agencies may require the Bank to recognize additional losses based on their judgments about information available to them at the time of their examination. Because of these factors, it is reasonably possible that the estimated losses on loans and foreclosed real estate may change materially in the near term. However, the amount of the change that is reasonably possible cannot be estimated.
Marketable Securities, Policy [Policy Text Block]	Investment and Mortgage-Backed Securities Securities Held-to-Maturity Securities Available-for-Sale Declines in the fair value of individual held-to-maturity and available-for-sale securities below their cost that are other than temporary result in write-downs of the individual securities to their fair value. The related write-downs are included in earnings as realized losses. In estimating other than temporary impairment losses, management considers (1) the length of time and the extent to which the fair value has been less than cost, (2) the financial condition and near-term prospects of the issuer, and (3) 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.
Finance, Loans and Leases Receivable, Policy [Policy Text Block]	Loans Receivable The Bank grants mortgage, commercial, consumer and lines of credit loans to customers. A substantial portion of the loan portfolio is represented by mortgage, commercial and multi-family real estate loans in Southern New Jersey and Southeastern Pennsylvania. The ability of the Bank’s debtors to honor their contracts is dependent upon the real estate and general economic conditions in these areas. Loans are stated at unpaid principal balances, less the allowance for loan losses and net deferred loan fees and unearned discounts. Loan origination and commitment fees, as well as certain direct origination costs, are deferred and amortized as a yield adjustment over the lives of the related loans using the interest method. Amortization of deferred loan fees is discontinued when a loan is placed on nonaccrual status. The recognition of income on a loan is discontinued and previously accrued interest is reversed, when interest or principal payments become ninety (90) days past due unless, in the opinion of management, the outstanding interest remains collectible. Past due status is determined based on contractual terms. Interest is subsequently recognized only as received until the loan is returned to accrual status. A loan is restored to accrual status when all interest and principal payments are current and the borrower has demonstrated to management the ability to make payments of principal and interest as scheduled. The Bank’s practice is to charge off any loan or portion of a loan when the loan is determined by management to be uncollectible due to the borrower’s failure to meet repayment terms, the borrower’s deteriorating or deteriorated financial condition, the depreciation of the underlying collateral, the loan’s classification as a loss by regulatory examiners, or for other reasons.
Loans and Leases Receivable, Allowance for Loan Losses Policy [Policy Text Block]	Allowance For Loan Losses The allowance for loan losses is established as losses are estimated to have occurred through a provision for loan losses charged to earnings. Loan losses are charged against the allowance when management believes the uncollectibility of a loan balance is confirmed. Subsequent recoveries, if any, are credited to the allowance. The allowance for loan losses is evaluated on a regular basis by management and is based upon management’s periodic review of the collectibility of the loans in light of historical experience, the nature and volume of the loan portfolio, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral, and prevailing economic conditions. This evaluation is inherently subjective as it requires estimates that are susceptible to significant revision as more information becomes available. The allowance consists of specific, general, and unallocated components. The specific component relates to loans that are classified as doubtful, substandard, or special mention. For such loans that are also classified as impaired, an allowance is established when the discounted cash flows (or collateral value or observable market price) of the impaired loan is lower than the carrying value of that loan. The general component covers non-classified loans and is based on historical loss experience adjusted for qualitative factors. An unallocated component is maintained to cover uncertainties that could affect management’s estimate of probable losses. The unallocated component of the allowance reflects the margin of imprecision inherent in the underlying assumptions used in the methodologies for estimating specific and general losses in the portfolio.
Impairment or Disposal of Long-Lived Assets, Policy [Policy Text Block]	Loan Impairment A loan is considered impaired when, based on current information and events, it is probable that the Bank will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, and the probability of collecting scheduled principal and interest payments when due. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and payment shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrower, including the length of the delay, the reason for the delay, the borrower’s prior payment record, and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured on a loan-by-loan basis for commercial real estate loans by either the present value of expected future cash flows discounted at the loan’s effective interest rate, the loan’s obtainable market price, or the fair value of the collateral if the loan is collateral dependent. Large groups of smaller balance homogeneous loans are collectively evaluated for impairment.
Loans and Leases Receivable, Troubled Debt Restructuring Policy [Policy Text Block]	Troubled Debt Restructurings In situations where, for economic or legal reasons related to a customer’s financial difficulties, the Bank grants a concession for other than an insignificant period of time to the customer that the Bank would not otherwise consider, the related loan is classified as a troubled debt restructuring (TDR). The Bank strives to identify customers in financial difficulty early and work with them to modify to more affordable terms before their loan reaches nonaccrual status. These modified terms may include rate reductions, principal forgiveness, payment forbearance and other actions intended to minimize the economic loss and to avoid foreclosure or repossession of the collateral. In cases where the Bank grants the customer new terms that provide for a reduction of either interest or principal, the Bank measures any impairment on the restructuring as previously noted for impaired loans.
Bank Owed Life Insurance Policy [Policy Text Block]	Bank-Owned Life Insurance The Bank owns a life insurance policy on the life of a retired member of the Board of Directors. The cash surrender value of the policy is recorded as an asset of the bank and changes in this value are reflected in non-interest income. Death benefit proceeds in excess of the policy’s cash surrender value will be recognized as income upon receipt. There are no policy loans offset against the cash surrender value or restrictions on the use of the proceeds.
Property, Plant and Equipment, Policy [Policy Text Block]	Premises and Equipment Land is carried at cost. Other premises and equipment are recorded at cost and are depreciated on the straight-line method. Charges for maintenance and repairs are expensed as incurred. Depreciation and amortization are provided over the estimated useful lives of the respective assets.
Loans and Leases Receivable, Real Estate Acquired Through Foreclosure, Policy [Policy Text Block]	Real Estate Owned Real estate owned is comprised of properties acquired through foreclosure proceedings or acceptance of a deed in lieu of foreclosure. Real estate owned is recorded at the lower of the carrying value of the loan or the fair value of the property, net of estimated selling costs. Costs relating to the development or improvement of the properties are capitalized while expenses related to the operation and maintenance of properties are recorded as an expense as incurred. Gains or losses upon dispositions are reflected in earnings as realized. The Company had $1,763,628 and $2,433,483 in real estate owned at March 31, 2016 and 2015, respectively. The Company recorded losses of $3,519 and $82,062 on sale of real estate owned for the years ended March 31, 2016 and 2015, respectively.
Comprehensive Income, Policy [Policy Text Block]	Comprehensive Income The Company presents in the consolidated statement of comprehensive income those amounts arising from transactions and other events which currently are excluded from the statements of operations and are recorded directly to stockholders’ equity. For the years ended March 31, 2016 and 2015, the only components of comprehensive income were net (loss), unrealized holding (loss) gains, net of income tax (benefit) expense, on available for sale securities and reclassifications related to realized gains on sale of securities recognized in earnings, net of tax and postretirement benefit plan adjustments, net of tax. Reclassifications are made to avoid double counting in comprehensive income items which are displayed as part of net income for the period.
Income Tax, Policy [Policy Text Block]	Income Taxes Income taxes are provided for the tax effects of the transactions reported in the financial statements and consist of taxes currently due plus deferred taxes related primarily to tax net operating loss carryforwards and differences between the basis of available-for-sale securities, allowance for loan losses, estimated losses on real estate owned, accumulated depreciation, and accrued employee benefits for financial and income tax reporting. The deferred tax assets and liabilities represent the future tax return consequences of those differences, which will either be taxable or deductible when assets and liabilities are recovered or settled, as well as operating loss carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. A valuation allowance is established against deferred tax assets when in the judgment of management, it is more likely than not that such deferred tax assets will not become available. Because the judgment about the level of future taxable income is dependent to a great extent on matters that may, at least in part be beyond the Company’s control, it is at least reasonably possible that management’s judgment about the need for a valuation allowance for deferred taxes could change in the near term.
Segment Reporting, Policy [Policy Text Block]	Segment Information Delanco Bancorp, Inc. has one reportable segment, “Community Banking”. All of the Company’s activities are interrelated, and each activity is dependent and assessed based on how each of the activities of the Company supports the others. For example, lending is dependent upon the ability of the Company to fund itself with deposits and borrowings while managing the interest rate and credit risk. Accordingly, all significant operating decisions are based upon analysis of the Bank as one segment or unit.
Cash and Cash Equivalents, Policy [Policy Text Block]	Statements of Cash Flows The Company considers all cash and amounts due from depository institutions and interest-bearing deposits in other banks with original maturities of less than 90 days to be cash equivalents for purposes of the statements of cash flows.
Advertising Costs, Policy [Policy Text Block]	Advertising Costs Advertising costs are expensed as incurred. Advertising expenses totaled $23,988 and $24,241 for the years ended March 31, 2016 and 2015, respectively.
Employee Stock Ownership Plan (ESOP), Policy [Policy Text Block]	Employee Stock Ownership Plan (“ESOP”) The Company maintains an employee stock ownership plan as (“ESOP”) for substantially all of its full-time employees. The ESOP purchased 64,081 shares of the Company’s common stock for an aggregate cost of approximately $640,810 in fiscal 2008. In October 2013, the Company completed a “second step” conversion and as a result, the original 64,081 shares purchased by the ESOP were converted to 36,596 shares of the new Bancorp. In addition, the ESOP purchased an additional 23,644 shares of the Company’s common stock in October 2013 for an aggregated cost of approximately $189,152. Shares of the Company’s common stock purchased by the ESOP are held in a suspense account until released for allocation to participants. Shares are allocated to each eligible participant based on the ratio of each such participant’s compensation, as defined in the ESOP, to the total compensation of all eligible plan participants. As the unearned shares are released from the suspense account, the Company recognizes compensation expense equal to the fair value of the ESOP shares during the periods in which they become committed to be released. To the extent that the fair value of the ESOP shares released differs from the cost of such shares, the difference is charged or credited to equity as additional paid-in capital. As of March 31, 2016, the Company had allocated a total of 21,535 shares from the suspense account to participants. For the years ended March 31, 2016 and 2015, the Company recognized $33,076 and $24,349, respectively in salaries and employee benefits related to the ESOP. At March 31, 2016, 60,240 shares were held in the ESOP.
Share-based Compensation, Option and Incentive Plans Policy [Policy Text Block]	Stock Based Compensation The Company accounts for stock-based compensation issued to employees, and where appropriate, non-employees, at fair value. Under fair value provisions, stock-based compensation cost is measured at the grant date based on the fair value of the award and is recognized as expense over the appropriate vesting period using the straight-line method. The amount of stock-based compensation recognized at any date must at least equal the portion of the grant date fair value of the award that is vested at that date and as a result it may be necessary to recognize the expense using a ratable method. Determining the fair value of stock-based awards at the date of grant requires judgment, including estimating the expected term of the stock options and the expected volatility of the Company’s stock. In addition, judgment is required in estimating the amount of stock-based awards that are expected to be forfeited. If actual results differ significantly from these estimates or different key assumptions were used, it could have a material effect on the Company’s consolidated financial statements.
Federal Home Loan Bank Stock Policy [Policy Text Block]	Federal Home Loan Bank Stock FHLB Stock, which represents the required investment in the common stock of a correspondent bank, is carried at cost.
Earnings Per Share, Policy [Policy Text Block]	Earnings Per Share Basic earnings per share is calculated on the basis of net income divided by the weighted average number of shares outstanding. Diluted earnings per share includes dilutive potential shares as computed under the treasury stock method using average common stock prices. Diluted earnings per share is calculated on the basis of the weighted average number of shares outstanding plus the weighted average number of additional dilutive shares.

Note 5 - Investment Securities

Note 5 - Investment Securities (Tables)	12 Months Ended
	Mar. 31, 2016
Notes Tables
Available-for-sale Securities [Table Text Block]	Available-for-Sale March 31, 2016 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value Federal National Mortgage Association $ 500,000 $ $ (2,753 ) $ 497,247 Certificates of Deposit 1,500,000 30,854 1,530,854 Mutual Fund Shares 121,777 2,104 (1,889 ) 121,992 Total $ 2,121,777 $ 32,958 $ ( 4,642 ) $ 2,150,093 Available-for-Sale March 31, 2015 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value Federal Home Loan Bank Bonds $ 500,000 $ $ ( 10,117 ) $ 489,883 Federal National Mortgage Association 500,000 ( 17,442 ) 482,558 Mutual Fund Shares 154,418 656 155,074 Total $ 1,154,418 $ 656 $ ( 27,559 ) $ 1,127,515
Held-to-maturity Securities [Table Text Block]	Held-to-Maturity March 31, 2016 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value Federal Home Loan Bank Bonds $ 5,802,109 $ 27,488 $ ( 3,680 ) $ 5,825,917 Federal Farm Credit Bonds 9,437,611 21,157 ( 1,087 ) 9,457,681 Federal Home Loan Mortgage Corporation Bonds 732,000 425 732,425 Federal National Mortgage Association 4,000,000 17,253 4,017,253 Municipal Bond 736,250 ( 1,513 ) 734,737 20,707,970 66,323 ( 6,280 ) 20,768,013 Mortgage-Backed Securities: Federal Home Loan Mortgage Corporation 322,014 25,607 ( 7,728 ) 339,893 Federal National Mortgage Association 397,541 41,321 ( 3,418 ) 435,444 Government National Mortgage Corporation 157,013 6,926 ( 1,139 ) 162,800 876,568 73,854 ( 12,285 ) 938,137 Total $ 21,584,538 $ 140,177 $ ( 18,565 ) $ 21,706,150 Held-to-Maturity March 31, 2015 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value Federal Home Loan Bank Bonds $ 7,569,330 $ 25,212 $ ( 61,886 ) $ 7,532,656 Federal Farm Credit Bonds 6,436,634 245 ( 55,041 ) 6,381,838 Federal Home Loan Mortgage Corporation Bonds 1,997,490 1,869 ( 20,411 ) 1,978,948 Federal National Mortgage Association 6,998,982 15,848 ( 46,455 ) 6,968,375 Municipal Bond 470,250 1,653 471,903 23,472,686 44,827 ( 183,793 ) 23,333,720 Mortgage-Backed Securities: Federal Home Loan Mortgage Corporation 453,850 32,959 486,809 Federal National Mortgage Association 494,759 49,073 543,832 Government National Mortgage Corporation 196,043 6,499 202,542 1,144,652 88,531 1,233,183 Total $ 24,617,338 $ 133,358 $ ( 183,793 ) $ 24,566,903
Investments Classified by Contractual Maturity Date [Table Text Block]	March 31, 2016 Available-for-sale Held-to-maturity Amortized Fair Amortized Fair Cost Value Cost Value Amounts maturing in: One year or less $ $ $ 736,250 $ 734,737 After one year through five years 1,000,000 1,024,569 945,000 945,091 After five years through ten years 1,000,000 1,003,532 8,379,581 8,384,588 After ten years 11,523,707 11,641,734 Mutual fund shares 121,777 121,992 $ 2,121,777 $ 2,150,093 $ 21,584,538 $ 21,706,150 March 31, 2015 Available-for-sale Held-to-maturity Amortized Fair Amortized Fair Cost Value Cost Value Amounts maturing in: One year or less $ $ $ 970,771 $ 980,256 After one year through five years 1,000,639 999,302 After five years through ten years 8,910,976 8,838,675 After ten years 1,000,000 972,441 13,734,952 13,748,670 Mutual fund shares 154,418 155,074 $ 1,154,418 $ 1,127,515 $ 24,617,338 $ 24,566,903
Schedule of Unrealized Loss on Investments [Table Text Block]	Continuous Unrealized Continuous Unrealized Losses Existing For Losses Existing For Less Than 12 Months 12 Months or Greater Total Fair Unrealized Fair Unrealized Fair Unrealized March 31, 2016 Value Losses Value Losses Value Losses Federal Home Loan Bank Bonds $ $ $ 496,320 $ ( 3,680 ) $ 496,320 $ ( 3,680 ) Federal Farm Credit Bonds 498,913 ( 1,087 ) 498,913 ( 1,087 ) Federal Home Loan Mortgage Corporation 102,967 ( 7,728 ) 102,967 ( 7,728 ) Federal National Mortgage Association 497,247 ( 2,753 ) 497,247 ( 2,753 ) Municipal Bonds 734,737 ( 1,513 ) 734,737 ( 1,513 ) Mutual fund shares 64,031 ( 1,889 ) 64,031 ( 1,889 ) 734,737 ( 1,513 ) 1,659,478 ( 17,137 ) 2,394,215 ( 18,650 ) Mortgage-Backed Securities: Federal National Mortgage Association 154,705 ( 3,418 ) 154,705 ( 3,418 ) Government National Mortgage Association 21,613 ( 1,139 ) 21,613 ( 1,139 ) 176,318 ( 4,557 ) 176,318 ( 4,557 ) Total $ 734,737 $ ( 1,513 ) $ 1,835,796 $ ( 21,694 ) $ 2,570,533 $ ( 23,207 ) Continuous Unrealized Continuous Unrealized Losses Existing For Losses Existing For Less Than 12 Months 12 Months or Greater Total Fair Unrealized Fair Unrealized Fair Unrealized March 31, 2015 Value Losses Value Losses Value Losses Federal Home Loan Bank Bonds $ 2,456,736 $ ( 20,116 ) $ 2,450,731 $ ( 51,887 ) $ 4,907,467 $ (72,003 ) Federal Farm Credit Bonds 2,478,672 ( 13,569 ) 2,903,103 ( 41,472 ) 5,381,775 (55,041 ) Federal Home Loan Mortgage Corporation 987,910 ( 12,090 ) 491,679 ( 8,321 ) 1,479,589 (20,411 ) Federal National Mortgage Association 1,492,801 ( 6,857 ) 2,442,960 ( 57,040 ) 3,935,761 (63,897 ) Mutual fund shares 7,416,119 ( 52,632 ) 8,288,473 ( 158,720 ) 15,704,592 (211,352 ) Mortgage-Backed Securities: Government National Mortgage Association Total $ 7,416,119 $ ( 52,632 ) $ 8,288,473 $ ( 158,720 ) $ 15,704,592 $ ( 211,352 )

Note 6 - Loans (Tables)

Note 6 - Loans (Tables)	12 Months Ended
	Mar. 31, 2016
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	March 31, 2016 2015 Residential (one to four family) real estate $ 62,250,645 $ 62,788,782 Multi-family and commercial real estate 9,569,328 7,979,569 Commercial 2,290,405 1,913,466 Home equity 8,527,420 8,005,627 Consumer 682,193 677,964 Construction 54,268 56,027 Total loans 83,374,259 81,421,435 Net deferred loan origination fees ( 77,218 ) ( 89,860 ) Allowance for loan losses ( 1,099,232 ) ( 1,185,178 ) ( 1,176,450 ) ( 1,275,038 ) Loans, net $ 82,197,809 $ 80,146,397
Financing Receivable Credit Quality Indicators [Table Text Block]	Special Non- Mention Classified Performing Pass Loans Loans Loans Total Residential real estate $ 59,385,578 $ $ $ 2,865,067 $ 62,250,645 Multi-family and commercial real estate 7,962,420 288,784 1,318,124 9,569,328 Commercial 2,074,394 53,942 140,751 21,318 2,290,405 Home equity 8,416,499 110,921 8,527,420 Consumer 682,193 682,193 Construction 54,268 54,268 $ 78,521,084 $ 342,726 $ 140,751 $ 4,369,698 $ 83,374,259 Special Non- Mention Classified Performing Pass Loans Loans Loans Total Residential real estate $ 60,728,444 $ $ $ 2,060,338 $ 62,788,782 Multi-family and commercial real estate 5,308,521 713,658 294,250 1,663,140 7,979,569 Commercial 1,685,655 23,568 204,243 1,913,466 Home equity 7,994,767 10,860 8,005,627 Consumer 606,577 71,387 677,964 Construction 56,027 56,027 $ 76,323,964 $ 737,226 $ 498,493 $ 3,861,752 $ 81,421,435
Past Due Financing Receivables [Table Text Block]	30-59 60-89 Greater Than Days Days 90 Days Total Total Loan Past Due Past Due Past Due Past Due Current Balances Residential real estate $ 577,002 $ 224,111 $ 1,967,082 $ 2,768,195 $ 59,482,450 $ 62,250,645 Multi-family and commercial real estate 288,784 663,068 951,852 8,617,476 9,569,328 Commercial 339,654 21,318 360,972 1,929,433 2,290,405 Home equity 50,000 110,471 160,471 8,366,949 8,527,420 Consumer 682,193 682,193 Construction 54,268 54,268 Total Loans $ 966,656 $ 534,213 $ 2,740,621 $ 4,241,490 $ 79,132,769 $ 83,374,259 Percentage of Total Loans 1.16 % 0.64 % 3.29 % 5.09 % 94.91 % 100.0 % 30-59 60-89 Greater Than Days Days 90 Days Total Total Loan Past Due Past Due Past Due Past Due Current Balances Residential real estate $ 495,322 $ 1,324,777 $ 1,364,792 $ 3,184,891 $ 59,603,891 $ 62,788,782 Multi-family and commercial real estate 116,763 890,200 1,006,963 6,972,606 7,979,569 Commercial 98,280 98,280 1,815,186 1,913,466 Home equity 34,371 88,625 10,860 133,856 7,871,771 8,005,627 Consumer 29,967 71,387 101,354 576,610 677,964 Construction 56,027 56,027 Total Loans $ 657,940 $ 1,530,165 $ 2,337,239 $ 4,525,344 $ 76,896,091 $ 81,421,435 Percentage of Total Loans 0.81 % 1.88 % 2.87 % 5.56 % 94.44 % 100.0 %
Impaired Financing Receivables [Table Text Block]	March 31, 2016 2015 Impaired loans for which a valuation allowance has been provided $ $ Impaired loans for which no valuation allowance has been provided 4,965,658 4,521,712 Total loans determined to be impaired $ 4,965,658 $ 4,521,712 Allowance for loans losses related to impaired loans $ $ Average recorded investment in impaired loans $ 5,054,436 $ 4,707,275 Cash basis interest income recognized on impaired loans $ 200,787 $ 201,449
Schedule of Credit Losses Related to Financing Receivables, Current and Noncurrent [Table Text Block]	Interest Income Average Recognized Unpaid Related Annual While On Recorded Principal Valuation Recorded Impaired Investment Balance Allowance Investment Status Impaired loans with no valuation allowance: Residential real estate $ 2,964,318 $ 2,920,343 $ $ 2,912,541 $ 70,879 Multi-family and commercial real estate 1,938,180 1,935,352 1,992,465 117,115 Commercial 55,695 55,695 34,346 9,207 Home equity 39,066 775 Consumer 15,864 Construction 59,105 54,268 60,154 2,811 Subtotal $ 5,017,298 $ 4,965,658 $ $ 5,054,436 $ 200,787 Interest Income Average Recognized Unpaid Related Annual While On Recorded Principal Valuation Recorded Impaired Investment Balance Allowance Investment Status Total impaired loans: Residential real estate $ 2,964,318 $ 2,920,343 $ $ 2,912,541 $ 70,879 Multi-family and commercial real estate 1,938,180 1,935,352 1,992,465 117,115 Commercial 55,695 55,695 34,346 9,207 Home equity 39,066 775 Consumer 15,864 Construction 59,105 54,268 60,154 2,811 Total $ 5,017,298 $ 4,965,658 $ $ 5,054,436 $ 200,787 Interest Income Average Recognized Unpaid Related Annual While On Recorded Principal Valuation Recorded Impaired Investment Balance Allowance Investment Status Impaired loans with no valuation allowance: Residential real estate $ 2,600,317 $ 2,535,471 $ $ 2,742,623 $ 65,065 Multi-family and commercial real estate 1,860,348 1,813,440 1,727,671 129,426 Commercial 34,526 34,526 30,991 1,314 Home equity 10,860 10,860 129,542 176 Consumer 71,388 71,388 18,185 2,169 Construction 56,027 56,027 58,263 3,299 Subtotal $ 4,633,466 $ 4,521,712 $ $ 4,707,275 $ 201,449 Interest Income Average Recognized Unpaid Related Annual While On Recorded Principal Valuation Recorded Impaired Investment Balance Allowance Investment Status Total impaired loans: Residential real estate $ 2,600,317 $ 2,535,471 $ $ 2,742,623 $ 65,065 Multi-family and commercial real estate 1,860,348 1,813,440 1,727,671 129,426 Commercial 34,526 34,526 30,991 1,314 Home equity 10,860 10,860 129,542 176 Consumer 71,388 71,388 18,185 2,169 Construction 56,027 56,027 58,263 3,299 Total $ 4,633,466 $ 4,521,712 $ $ 4,707,275 $ 201,449
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]	March 31, 2016 2015 Non-accrual loans: Residential real estate $ 1,333,383 $ 880,061 Multi-family and commercial real estate 552,545 661,456 Commercial 21,318 Home equity 110,921 10,860 Consumer 71,387 Construction Total non-accrual loans 2,018,167 1,623,764 March 31, 2016 2015 Accruing loans past due 90 days or more: Residential real estate $ $ Multi-family and commercial real estate Commercial Consumer Construction Total accruing loans past due 90 days or more Troubled debt restructurings: In non-accrual status: Residential real estate $ 744,222 $ 484,731 Multi-family and commercial real estate 228,744 Commercial Home equity Consumer Construction Total troubled debt restructurings in non- accrual status 744,222 713,475 Performing under modified terms: Residential real estate $ 787,462 $ 695,546 Multi-family and commercial real estate 765,579 772,940 Commercial Home equity Consumer Construction 54,268 56,027 Total troubled debt restructurings performing under modified terms 1,607,309 1,524,513 Total troubled debt restructurings 2,351,531 2,237,988 Total non-performing loans 4,369,698 3,861,752 Real estate owned 1,763,627 2,433,483 Total non-performing assets $ 6,133,325 $ 6,295,235 Non-performing loans as a percentage of loans 5.24 % 4.74 % Non-performing assets as a percentage of loans and real estate owned 7.20 % 7.51 % Non-performing assets as a percentage of total assets 4.74 % 4.90 %
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	2016 2015 Outstanding Recorded Outstanding Recorded Investment Investment Number of Pre- Post- Number of Pre- Post- Contracts Modification Modification Contracts Modification Modification Troubled debt restructurings: Residential real estate 1 $ 163,767 $ 172,933 1 $ 95,511 $ 111,000
Schedule of Debtor Troubled Debt Restructuring, Subsequent Periods [Table Text Block]	Number of Recorded Number of Recorded Contracts Investment Contracts Investment Troubled debt restructurings that subsequently defaulted: Residential real estate -0- $ -0- $
Real Estate Owned [Table Text Block]	March 31, 2016 2015 Balance, beginning of year $ 2,433,483 $ 1,949,825 Additions from loan foreclosures 332,495 2,332,861 Additions from capitalized costs Dispositions of REO ( 751,952 ) ( 1,591,941 ) (Loss) on sale of REO ( 3,519 ) ( 82,062 ) Valuation adjustments during the year ( 246,879 ) ( 175,200 ) Balance, end of year $ 1,763,628 $ 2,433,483 March 31, 2016 2015 Balance, beginning of year $ 850,865 $ 675,665 Valuation adjustments added during the year 246,879 642,080 Valuation adjustments on disposed properties during the year ( 870,513 ) ( 466,880 ) Balance, end of year $ 227,231 $ 850,865
Schedule of Charge-offs [Table Text Block]	March 31, 2016 2015 Balance at beginning of year $ 1,185,178 $ 1,448,298 Provision: Residential real estate ( 132,262 ) 177,490 Multi-family and commercial real estate 9,520 175,662 Commercial ( 11,855 ) 44,689 Home equity loans 10,741 21,478 Consumer 53,156 ( 25,522 ) Construction -0- ( 3,797 ) Total Provision (Recapture) $ ( 70,700 ) $ 390,000 Charge-Offs: Residential real estate 39,730 142,279 Multi-family and commercial real estate 16,871 597,896 Commercial 19,325 Home equity 10,860 Consumer 71,388 4,054 Recoveries ( 123,603 ) ( 110,434 ) Total Net Charge-Offs 15,246 653,120 Balance at end of year $ 1,099,232 $ 1,185,178 Year-end loans outstanding $ 83,374,259 $ 81,421,435 Average loans outstanding $ 83,665,599 $ 83,252,940 Allowance as a percentage of year-end loans 1.32 % 1.46 % Net charge-offs as a percentage of average loans 0.02 % 0.78 %
Allowance for Credit Losses on Financing Receivables [Table Text Block]	Residential Real Estate Multi-Family and Commercial Real Estate Commercial Home Equity Consumer Construction Total Allowance for loan losses: Beginning balance $ 702,105 $ 288,893 $ 86,300 $ 86,847 $ 21,033 $ -0- $ 1,185,178 Loan charge-offs (39,730 ) (16,871 ) (10,860 ) (71,388 ) (138,849 ) Recoveries 38,221 57,480 5,543 22,359 123,603 Provision for loan losses (132,262 ) 9,520 (11,855 ) 10,741 53,156 (70,700 ) Ending balance $ 568,334 $ 339,022 $ 79,988 $ 86,728 $ 25,160 $ $ 1,099,232 Ending balance: individually evaluated for impairment $ $ $ $ $ $ $ Ending balance: collectively evaluated for impairment $ 568,334 $ 339,022 $ 79,988 $ 86,728 $ 25,160 $ $ 1,099,232 Loans: Ending balance $ 62,250,645 $ 9,569,328 $ 2,290,405 $ 8,527,420 $ 682,193 $ 54,268 $ 83,374,259 Ending balance: individually evaluated for impairment $ 2,448,138 $ 1,637,617 $ 132,657 $ 517,079 $ $ 54,268 $ 4,789,759 Ending balance: collectively evaluated for impairment $ 59,802,507 $ 7,931,711 $ 2,157,748 $ 8,010,341 $ 682,193 $ $ 78,584,500 Residential Real Estate Multi-Family and Commercial Real Estate Commercial Home Equity Consumer Construction Total Allowance for loan losses: Beginning balance $ 656,156 $ 634,968 $ 58,399 $ 65,369 $ 29,609 $ 3,797 $ 1,448,298 Loan charge-offs (142,279 ) (597,896 ) (19,325 ) (4,054 ) (763,554 ) Recoveries 10,738 76,159 2,537 21,000 110,434 Provision for loan losses 177,490 175,662 44,689 21,478 (25,522 ) (3,797 ) 390,000 Ending balance $ 702,105 $ 288,893 $ 86,300 $ 86,847 $ 21,033 $ -0- $ 1,185,178 Ending balance: individually evaluated for impairment $ $ $ $ $ $ $ Ending balance: collectively evaluated for impairment $ 702,105 $ 288,893 $ 86,300 $ 86,847 $ 21,033 $ $ 1,185,178 Loans: Ending balance $ 62,788,782 $ 7,979,569 $ 1,913,466 $ 8,005,627 $ 677,964 $ 56,027 $ 81,421,435 Ending balance: individually evaluated for impairment $ 2,548,574 $ 1,813,440 $ 34,526 $ 10,860 $ $ $ 4,407,400 Ending balance: collectively evaluated for impairment $ 60,240,208 $ 6,166,129 $ 1,878,940 $ 7,994,767 $ 677,964 $ 56,027 $ 77,014,035
Loans Receivable Activity Officers and Directors [Table Text Block]	March 31, 2016 2015 Balance, beginning of year $ 786,325 $ 776,516 Payments (56,887 ) (30,691 ) Borrower no longer associated with Bank (40,712 ) Borrowings 1,000,000 40,500 Balance, end of year $ 1,688,726 $ 786,325

Note 7 - Loan Servicing (Tables

Note 7 - Loan Servicing (Tables)	12 Months Ended
	Mar. 31, 2016
Notes Tables
Schedule of Servicing Assets at Fair Value [Table Text Block]	March 31, 2016 2015 Mortgage Loan Servicing Portfolio: Mortgage Partnership Finance FHLB New York $ 125,666 $ 130,080

Note 8 - Accrued Interest Rec40

Note 8 - Accrued Interest Receivable (Tables)	12 Months Ended
	Mar. 31, 2016
Notes Tables
Schedule of Other Assets [Table Text Block]	March 31, 2016 2015 Loans $ 249,245 $ 261,564 Investment securities 116,358 165,257 Mortgage backed securities 3,535 10,019 $ 369,138 $ 436,840

Note 9 - Premises and Equipme41

Note 9 - Premises and Equipment (Tables)	12 Months Ended
	Mar. 31, 2016
Notes Tables
Property, Plant and Equipment [Table Text Block]	March 31, 2016 2015 Land $ 1,451,203 $ 1,451,203 Buildings 6,864,728 6,848,967 Furniture, fixtures and equipment 2,054,765 2,006,454 10,370,696 10,306,624 Accumulated depreciation ( 4,080,649 ) ( 3,816,293 ) $ 6,290,047 $ 6,490,331

Note 11 - Deposits (Tables)

Note 11 - Deposits (Tables)	12 Months Ended
	Mar. 31, 2016
Notes Tables
Schedule of Deposit Account Balances [Table Text Block]	March 31, 2016 Weighted Average Percent of Amount Interest Rate Portfolio Non interest bearing accounts $ 12,054,146 % 10.78 Interest bearing checking accounts 23,027,846 0.19 20.59 Passbook savings accounts 17,724,072 0.10 15.84 Money Market accounts 19,813,982 0.49 17.71 Club accounts 143,488 0.10 0.13 72,763,534 65.05 Certificates of Deposits: 0.10% to 0.99% 21,695,607 0.59 19.39 1.00% to 1.99% 14,773,019 1.29 13.21 2.00% to 2.99% 2,632,487 2.23 2.35 39,101,113 34.95 $ 111,864,647 100.00 % March 31, 2015 Weighted Average Percent of Amount Interest Rate Portfolio Non interest bearing accounts $ 10,733,275 % 9.74 Interest bearing checking accounts 20,816,278 0.20 18.89 Passbook savings accounts 15,415,613 0.10 13.99 Money Market accounts 19,780,377 0.44 17.95 Club accounts 133,586 0.10 0.12 66,879,129 60.69 Certificates of Deposits: 0.10% to 0.99% 26,142,514 0.56 23.72 1.00% to 1.99% 12,866,189 1.29 11.68 2.00% to 2.99% 4,310,287 2.31 3.91 43,318,990 39.31 $ 110,198,119 100.00 %
Schedule of Maturities of Deposits [Table Text Block]	March 31, 2016 2015 2016 $ $ 25,527,548 2017 23,090,517 9,336,093 2018 8,181,234 3,584,198 2019 3,374,490 2,252,245 2020 2,358,507 2,618,906 2021 2,096,365 $ 39,101,113 $ 43,318,990

Note 13 - Advances from Feder43

Note 13 - Advances from Federal Home Loan Bank (Tables)	12 Months Ended
	Mar. 31, 2016
Notes Tables
Schedule of Federal Home Loan Bank, Advances, by Branch of FHLB Bank [Table Text Block]	Maturity Interest Date Rate 2016 2015 October 19, 2016 0.45 % $ $ 1,000,000 April 18, 2016 0.74 % 2,000,000 2,000,000 October 17, 2016 0.81 % 1,000,000 1,000,000 $ 3,000,000 $ 4,000,000

Note 14 - Income Taxes (Tables)

Note 14 - Income Taxes (Tables)	12 Months Ended
	Mar. 31, 2016
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Years Ended March 31, 2016 2015 Income Tax Expense (benefit) Current federal tax expense Federal $ - $ - State 3,000 3,000 Deferred tax (benefit) Federal (85,569 ) (241,825 ) State 29,971 (86,395 ) Total $ (52,598 ) $ (325,220 )
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Years Ended March 31, 2016 2015 Expected federal tax provision (benefit) at 34% rate $ (24,027 ) $ (325,738 ) Municipal bond interest (469 ) (899 ) Increase in cash surrender value of life insurance (1,700 ) (1,972 ) State income tax (26,402 ) (64,021 ) Valuation allowance for state operating loss carryforward 67,410 Total income tax (benefit) (52,598 ) (325,220 ) Effective tax rate (benefit) (74.4% ) (33.9% )
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	March 31, 2016 2015 Deferred tax assets: Accrued pension costs $ 9,500 $ 7,200 Allowance for loan losses 438,935 722,503 Directors’ benefit plans 131,500 122,000 Employee stock option 32,200 18,200 FASB 158 – unrecognized transition costs 91,100 118,000 Federal tax loss carryforward 1,050,900 774,000 State tax loss carryforward 372,800 391,000 Unrealized losses on securities available-for-sale 11,000 Non accrual interest 15,000 16,000 Total deferred tax assets $ 2,141,935 $ 2,179,903 Valuation allowance - (67,410 ) March 31, 2016 2015 Deferred tax liabilities: Accumulated depreciation $ (64,000 ) $ (52,260 ) Unrealized gains on securities available-for-sale (11,400 ) Total deferred tax liabilities (75,400 ) (52,260 ) NET DEFERRED TAX ASSETS $ 2,066,535 $ 2,060,233

Note 16 - Board of Directors'45

Note 16 - Board of Directors' Retirement Plan (Tables)	12 Months Ended
	Mar. 31, 2016
Notes Tables
Schedule of Net Benefit Costs [Table Text Block]	Years Ended March 31, 2016 2015 Service cost $ 18,012 $ 7,080 Interest cost 23,276 18,924 Amortization of gain 17,908 4,644 Net amortization and deferral -0- -0- Net periodic pension cost $ 59,196 $ 30,648
Schedule of Net Funded Status [Table Text Block]	March 31, 2016 2015 Accumulated benefit obligation $ 540,070 $ 558,403 Projected benefit obligation 556,522 599,324 Fair value of plan assets -0- -0- Unfunded projected benefit obligation 556,522 599,324
Schedule of Changes in Projected Benefit Obligations [Table Text Block]	March 31, 2016 2015 Change in Benefit Obligation Projected benefit obligation at beginning of year $ 599,324 $ 415,803 Service cost 18,012 7,080 Interest cost 23,276 18,924 Actuarial (gain) loss (48,863 ) 192,737 Benefits paid (35,227 ) (35,220 ) Benefit obligation at end of year $ 556,522 $ 599,324
Schedule of Changes in Fair Value of Plan Assets [Table Text Block]	March 31, 2016 2015 Change in Plan Assets Fair value of Plan assets at beginning of year $ -0- $ -0- Actual return on Plan assets -0- -0- Employer contributions 35,227 35,220 Benefits paid (35,227 ) (35,220 ) Fair value of Plan assets at end of year $ -0- $ -0-
Schedule of Assumptions Used [Table Text Block]	Years Ended March 31, 2016 2015 Discount rate for periodic pension cost 4.00 % 4.75 % Discount rate for benefit obligation 4.25 % 4.00 % Rate of increase in compensation levels and social security wage base 2.00 % 2.00 % Expected long-term rate of return on plan assets N/A N/A

Note 17 - Employee Stock Owne46

Note 17 - Employee Stock Ownership Plan (ESOP) (Tables)	12 Months Ended
	Mar. 31, 2016
Notes Tables
Employee Stock Ownership Plan (ESOP) Disclosures [Table Text Block]	Years Ended March 31, 2016 2015 Shares released for allocation 21,534 18,016 Unearned shares 38,706 42,224 Total ESOP shares 60,240 60,240

Note 18 - Stock Based Compens47

Note 18 - Stock Based Compensation (Tables)	12 Months Ended
	Mar. 31, 2016
Notes Tables
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]	Year Ended March 31, 2016 Weighted Average Number of Grant Date Shares Fair Value Restricted at the beginning of the period 16,000 $ 8.69 Granted Vested 4,000 Forfeited Restricted at the end of the period 12,000 8.69

Note 19 - Earnings Per Share (T

Note 19 - Earnings Per Share (Tables)	12 Months Ended
	Mar. 31, 2016
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	2016 2015 Net (Loss) (18,070 ) $ (632,832 ) Weighted average shares outstanding 945,425 945,425 Adjusted average unearned ESOP shares (38,705 ) (42,224 ) Weighted average share outstanding - basic 906,720 903,201 Effect of dilutive common stock equivalents - - Adjusted weighted average shares outstanding - dilutive 906,720 903,201 Basic loss per share $ (0.02 ) $ (0.70 ) Diluted loss per share $ (0.02 ) $ (0.70 )

Note 20 - Fair Value Measurem49

Note 20 - Fair Value Measurements (Tables)	12 Months Ended
	Mar. 31, 2016
Notes Tables
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Significant Other Significant Carrying Observable Unobservable Value Quoted Prices Inputs Inputs (Fair Value) (Level 1) (Level 2) (Level 3) March 31, 2016 Securities available for sale: Certificates of Deposit $ 1,530,854 $ $ 1,530,854 $ Federal National Mortgage Association 497,247 497,247 Mutual Fund Shares 121,992 121,992 Totals $ 2,150,093 $ $ 2,150,093 $ Significant Other Significant Carrying Observable Unobservable Value Quoted Prices Inputs Inputs (Fair Value) (Level 1) (Level 2) (Level 3) March 31, 2015 Securities available for sale: Federal Home Loan Bank Bonds $ 489,883 $ $ 489,883 $ Federal National Mortgage Association 482,558 482,558 Mutual Fund Shares 155,074 155,074 Totals $ 1,127,515 $ $ 1,127,515 $
Fair Value Measurements, Nonrecurring [Table Text Block]	Significant Other Significant Carrying Observable Unobservable Value Quoted Prices Inputs Inputs (Fair Value) (Level 1) (Level 2) (Level 3) March 31, 2016 Impaired loans $ 4,965,658 $ $ $ 4,965,658 Real estate owned 1,763,628 1,763,628 Total $ 6,729,286 $ $ 6,729,286 Significant Other Significant Carrying Observable Unobservable Value Quoted Prices Inputs Inputs (Fair Value) (Level 1) (Level 2) (Level 3) March 31, 2015 Impaired loans $ 4,521,712 $ $ $ 4,521,712 Real estate owned 2,433,483 2,433,483 Total $ 6,955,195 $ $ $ 6,955,195
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]	March 31, 2016 Fair Valuation Value Technique Unobservable Input Range Impaired loans $ 4,965,658 Property appraisals Management discount for selling costs, property type discount and market volatility 7% - 12% discount Real estate owned $ 1,763,628 Property appraisals Management discount for selling costs, property type discount and market volatility 7% - 12% discount March 31, 2016 Fair Valuation Value Technique Unobservable Input Range Impaired loans $ 4,521,712 Property appraisals Management discount for selling costs, property type discount and market volatility 7% - 12% discount Real estate owned $ 2,433,483 Property appraisals Management discount for selling costs, property type discount and market volatility 7% - 12% discount
Fair Value, by Balance Sheet Grouping [Table Text Block]	Fair Value Measurements Significant Significant Other Unobserv- Quoted Observable able Carrying Prices Inputs Inputs March 31,2016 Amount Fair Value (Level 1) (Level 2) (Level 3) Financial Assets: Cash and cash equivalents $ 12,127,388 $ 12,127,388 $ 12,127,388 $ $ Investment securities available for sale 2,121,777 2,150,093 2,150,093 Investment and mortgage-backed securities held to maturity 21,584,538 84,744,000 21,639,610 Loans receivable, net 82,197,809 84,744,000 Accrued interest receivable 369,138 369,138 369,138 Federal Home Loan Bank stock 253,800 253,800 253,800 Bank owned life insurance 174,252 174,252 174,252 Financial Liabilities: Deposits – non-interest bearing 12,054,146 12,054,146 12,054,146 Deposits – interest bearing 99,810,501 99,899,854 Advances from Federal Home Loan Bank 3,000,000 3,000,000 3,000,000 Accrued interest payable 5,830 5,830 5,830 Advances from borrowers for taxes and insurance 433,034 433,034 433,034 Fair Value Measurements Significant Significant Other Unobserv- Quoted Observable able Carrying Prices Inputs Inputs March 31, 2016 Amount Fair Value (Level 1) (Level 2) (Level 3) Financial Assets: Cash and cash equivalents $ 10,450,448 $ 10,450,448 $ 10,450,448 $ $ Investment securities available for sale 1,154,418 1,127,515 1,127,515 Investment and mortgage-backed securities held to maturity 24,617,338 24,566,903 24,566,903 Loans receivable, net 80,146,397 79,675,000 79,675,000 Accrued interest receivable 436,840 436,840 436,840 Federal Home Loan Bank stock 306,300 306,300 306,300 Bank owned life insurance 169,252 169,252 169,252 Financial Liabilities: Deposits – non-interest bearing 10,733,275 10,733,275 10,733,275 Deposits – interest bearing 99,464,844 99,411,000 99,411,000 Advances from Federal Home Loan Bank 4,000,000 4,000,000 4,000,000 Accrued interest payable 5,763 5,763 5,763 Advances from borrowers for taxes and insurance 320,356 320,356 320,356

Note 21 - Commitments and Con50

Note 21 - Commitments and Contingencies (Tables)	12 Months Ended
	Mar. 31, 2016
Notes Tables
Other Commitments [Table Text Block]	2016 2015 Contractual Contractual Amount Amount Financial instruments whose notional or contract amounts represent credit risk: Construction loan commitments $ $ 225,000 Unused commercial lines of credit 1,212,000 1,425,000 Unused home equity lines of credit 4,969,000 4,450,000 Personal lines of credit 635 2,500 1-4 family residential mortgage commitments 1,232,000 1,683,000 Commercial real estate mortgage commitments 1,000,000 Standby letters of credit 55,000 55,000 Total $ 7,468,635 $ 8,840,500

Note 23 - Regulatory Capital (T

Note 23 - Regulatory Capital (Tables)	12 Months Ended
	Mar. 31, 2016
Notes Tables
Schedule of Compliance with Regulatory Capital Requirements under Banking Regulations [Table Text Block]	Minimum to be Well Capitalized Under Prompt For Capital Corrective Action Actual Adequacy Purposes Provisions Amount Ratio Amount Ratio Amount Ratio As of March 31, 2016: Total Capital (to Risk-Weighted Assets) $ 11,859,000 17.26 % ≥ $5,498,000 ≥ 8.0% ≥ $6,873,000 ≥ 10.0% Tier 1 Capital (to Risk-Weighted Assets) $ 10,988,000 15.99 % ≥ $4,123,500 ≥ 6.0% ≥ $5,498,000 ≥ 8.0% Tier 1 Common (to Risk-Weighted Assets) $ 10,988,000 15.99 % ≥ $3,092,625 ≥ 4.5% ≥ $4,467,125 ≥ 6.5% Tier 1 Capital (to Average Assets) $ 10,988,000 8.67 % ≥ $5,068,000 ≥ 4.0% ≥ $6,335,000 ≥ 5.0% Minimum to be Well Capitalized Under Prompt For Capital Corrective Action Actual Adequacy Purposes Provisions Amount Ratio Amount Ratio Amount Ratio As of March 31, 2015: Total Capital (to Risk-Weighted Assets) $ 11,839,000 16.97 % ≥ $5,615,000 ≥ 8.0% ≥ $7,019,000 ≥ 10.0% Tier 1 Capital (to Risk-Weighted Assets) $ 10,958,000 15.61 % ≥ $4,211,520 ≥ 6.0% ≥ $5,615,000 ≥ 8.0% Tier 1 Common (to Risk-Weighted Assets) $ 10,958,000 15.61 % ≥ $3,158,640 ≥ 4.5% ≥ $4,562,000 ≥ 6.5% Tier 1 Capital (to Total Assets) $ 10,958,000 8.66 % ≥ $5,059,000 ≥ 4.0% ≥ $6,324,000 ≥ 5.0%

Note 25 - Changes in Accumula52

Note 25 - Changes in Accumulated Other Comprehensive Income (Loss) Balances (Tables)	12 Months Ended
	Mar. 31, 2016
Notes Tables
Schedule of Accumulated Other Comprehensive Income (Loss) [Table Text Block]	Unrealized Gains (Losses) Defined Accumulated On Available Benefit Other For Sale Pension Comprehensive Securities Plans Income (Loss) Balance as of April 1, 2015 $ (16,142 ) $ (176,714 ) $ (192,856 ) Other comprehensive income before reclassification 33,131 40,063 73,194 Total other comprehensive income 33,131 40,063 73,194 Balance as of March 31, 2016 $ 16,989 $ (136,651 ) $ (119,662 )

Note 26 - Financial Informati53

Note 26 - Financial Information of Parent Company (Tables)	12 Months Ended
	Mar. 31, 2016
Notes Tables
Condensed Balance Sheet [Table Text Block]	For the Years Ended March 31, 2016 2015 Statement of Financial Condition Assets: Cash and cash equivalents $ 480,129 $ 460,783 Investment in Bank 9,536,490 9,592,799 Deferred income taxes 32,219 18,130 Total assets $ 10,048,838 $ 10,071,712 Stockholders’ equity: Total stockholders’ equity 10,048,838 10,071,712 Total liabilities and stockholders’ equity $ 10,048,838 $ 10,071,712
Condensed Income Statement [Table Text Block]	For the Years Ended March 31, 2016 2015 Income Statement Interest on ESOP loan $ 20,556 $ 21,938 Other interest income 456 706 Total income $ 21,012 $ 22,644 Management fee 45,000 45,000 Compensation expense 35,220 30,216 Total expense 80,220 75,216 (Loss) before income tax benefit and equity in undistributed net loss of subsidiary (59,208 ) (52,572 ) Equity in undistributed net income (loss) of subsidiary 27,549 (591,847 ) Income tax benefit 13,589 11,587 Net (loss) $ (18,070 ) $ (632,832 )
Condensed Cash Flow Statement [Table Text Block]	For the Years Ended March 31, 2016 2015 Cash Flows Adjustments to reconcile net loss to net cash used in operating activities: Share based compensation expense $ 35,220 $ 30,216 Operating activities: Net (loss) (18,070 ) $ (632,832 ) Undistributed net (income) loss of subsidiary (27,549 ) 591,847 Increase in deferred income taxes (14,089 ) (12,087 ) Net cash (used in) operating activities (24,488 ) (22,856 ) Investing activities: Distribution to subsidiary (275,000 ) Net cash (used in) investing activities (275,000 ) Financing activities: Proceeds from ESOP loan 43,834 42,451 Net cash provided by financing activities 43,834 42,451 Net increase (decrease) in cash and cash equivalents 19,346 (255,405 ) Cash and cash equivalents, beginning of year 460,783 716,188 Cash and cash equivalents, end of year $ 480,129 $ 460,783

Note 1 - Nature of Operations (

Note 1 - Nature of Operations (Details Textual)	Oct. 16, 2013USD ($)shares
Stock Issued During Period, Shares, New Issues | shares	525,423
Exchange of Common Stock Shares | shares	420,002
Proceeds from Reorganization and Stock Offering | $	$ 3,280,000
Costs from Reorganization and Stock Offering | $	$ 923,000

Note 2 - Summary of Significa55

Note 2 - Summary of Significant Accounting Policies (Details Textual)	Oct. 16, 2013shares	Oct. 31, 2013USD ($)shares	Mar. 31, 2016USD ($)shares	Mar. 31, 2015USD ($)shares	Mar. 31, 2008USD ($)shares	Mar. 31, 2014USD ($)	Mar. 31, 2007shares
Employee Stock Ownership Plan [Member] | Converted to Shares of Bancorp [Member]
Conversion of Stock, Shares Issued | shares		36,596
Real Estate Acquired Through Foreclosure			$ 1,763,628	$ 2,433,483		$ 1,949,825
Gains (Losses) on Sales of Other Real Estate			$ (3,519)	(82,062)
Number of Reportable Segments			1
Advertising Expense			$ 23,988	24,241
Stock Issued During Period, Shares, Employee Stock Ownership Plan | shares	23,644	23,644			64,081
Stock Issued During Period, Value, Employee Stock Ownership Plan		$ 189,152	$ 33,077	$ 24,349	$ 640,810
Employee Stock Ownership Plan (ESOP), Number of Allocated Shares | shares			21,535	18,016
Employee Stock Ownership Plan (ESOP), Compensation Expense			$ 33,076	$ 24,349
Employee Stock Ownership Plan (ESOP), Shares in ESOP | shares			60,240	60,240			64,081

Note 5 - Investment Securitie56

Note 5 - Investment Securities (Details Textual)	Mar. 31, 2016USD ($)	Mar. 31, 2015USD ($)
Debt Securities [Member]
Held-to-maturity, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	9
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value	$ 2,570,533
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value	2,570,533	$ 15,704,592
Held-to-maturity Securities Pledged as Collateral	$ 2,515,000	$ 1,016,000

Note 5 - Investment Securitie57

Note 5 - Investment Securities - Available-for-Sale Securities (Details) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Federal National Mortgage Association Certificates and Obligations (FNMA) [Member]
Securities available-for-sale, amortized cost	$ 500,000	$ 500,000
Available-for-sale securities - gross unrealized gains
Available-for-sale securities - gross unrealized losses	$ (2,753)	$ (17,442)
Available-for-sale securities - fair value	497,247	482,558
Federal Home Loan Bank Certificates and Obligations (FHLB) [Member]
Securities available-for-sale, amortized cost		$ 500,000
Available-for-sale securities - gross unrealized gains
Available-for-sale securities - gross unrealized losses		$ (10,117)
Available-for-sale securities - fair value		489,883
Certificates of Deposit [Member]
Securities available-for-sale, amortized cost	1,500,000
Available-for-sale securities - gross unrealized gains	$ 30,854
Available-for-sale securities - gross unrealized losses
Available-for-sale securities - fair value	$ 1,530,854
Mutual Fund Shares [Member]
Securities available-for-sale, amortized cost	121,777	154,418
Available-for-sale securities - gross unrealized gains	2,104	$ 656
Available-for-sale securities - gross unrealized losses	(1,889)
Available-for-sale securities - fair value	121,992	$ 155,074
Securities available-for-sale, amortized cost	2,121,777	1,154,418
Available-for-sale securities - gross unrealized gains	32,958	656
Available-for-sale securities - gross unrealized losses	(4,642)	(27,559)
Available-for-sale securities - fair value	$ 2,150,093	$ 1,127,515

Note 5 - Investment Securitie58

Note 5 - Investment Securities - Held-to-Maturity Securities (Details) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Federal Home Loan Bank Certificates and Obligations (FHLB) [Member]
Investment and mortgage backed securities held-to-maturity (fair value of $21,706,150 and $24,566,903 at March 31, 2016 and 2015, respectively)	$ 5,802,109	$ 7,569,330
Held-to-maturity securities, gross unrealized gains	27,488	25,212
Held-to-maturity securities, gross unrealized losses	(3,680)	(61,886)
Securities held-to-maturity, fair value	5,825,917	7,532,656
Federal Farm Credit Bonds [Member]
Investment and mortgage backed securities held-to-maturity (fair value of $21,706,150 and $24,566,903 at March 31, 2016 and 2015, respectively)	9,437,611	6,436,634
Held-to-maturity securities, gross unrealized gains	21,157	245
Held-to-maturity securities, gross unrealized losses	(1,087)	(55,041)
Securities held-to-maturity, fair value	9,457,681	6,381,838
Federal Home Loan Mortgage Corporation Certificates and Obligations (FHLMC) [Member]
Investment and mortgage backed securities held-to-maturity (fair value of $21,706,150 and $24,566,903 at March 31, 2016 and 2015, respectively)	732,000	1,997,490
Held-to-maturity securities, gross unrealized gains	$ 425	1,869
Held-to-maturity securities, gross unrealized losses		(20,411)
Securities held-to-maturity, fair value	$ 732,425	1,978,948
Federal National Mortgage Association Certificates and Obligations (FNMA) [Member]
Investment and mortgage backed securities held-to-maturity (fair value of $21,706,150 and $24,566,903 at March 31, 2016 and 2015, respectively)	4,000,000	6,998,982
Held-to-maturity securities, gross unrealized gains	$ 17,253	15,848
Held-to-maturity securities, gross unrealized losses		(46,455)
Securities held-to-maturity, fair value	$ 4,017,253	6,968,375
Municipal Bonds [Member]
Investment and mortgage backed securities held-to-maturity (fair value of $21,706,150 and $24,566,903 at March 31, 2016 and 2015, respectively)	$ 736,250	470,250
Held-to-maturity securities, gross unrealized gains		$ 1,653
Held-to-maturity securities, gross unrealized losses	$ (1,513)
Securities held-to-maturity, fair value	734,737	$ 471,903
Bonds [Member]
Investment and mortgage backed securities held-to-maturity (fair value of $21,706,150 and $24,566,903 at March 31, 2016 and 2015, respectively)	20,707,970	23,472,686
Held-to-maturity securities, gross unrealized gains	66,323	44,827
Held-to-maturity securities, gross unrealized losses	(6,280)	(183,793)
Securities held-to-maturity, fair value	20,768,013	23,333,720
Mortgage Backed Securities, Federal Home Loan Mortgage Corporation [Member]
Investment and mortgage backed securities held-to-maturity (fair value of $21,706,150 and $24,566,903 at March 31, 2016 and 2015, respectively)	322,014	453,850
Held-to-maturity securities, gross unrealized gains	25,607	$ 32,959
Held-to-maturity securities, gross unrealized losses	(7,728)
Securities held-to-maturity, fair value	339,893	$ 486,809
Mortgage Backed Securities, Federal National Mortgage Association [Member]
Investment and mortgage backed securities held-to-maturity (fair value of $21,706,150 and $24,566,903 at March 31, 2016 and 2015, respectively)	397,541	494,759
Held-to-maturity securities, gross unrealized gains	41,321	$ 49,073
Held-to-maturity securities, gross unrealized losses	(3,418)
Securities held-to-maturity, fair value	435,444	$ 543,832
Government National Mortgage Association Certificates and Obligations (GNMA) [Member]
Investment and mortgage backed securities held-to-maturity (fair value of $21,706,150 and $24,566,903 at March 31, 2016 and 2015, respectively)	157,013	196,043
Held-to-maturity securities, gross unrealized gains	6,926	$ 6,499
Held-to-maturity securities, gross unrealized losses	(1,139)
Securities held-to-maturity, fair value	162,800	$ 202,542
Collateralized Mortgage Backed Securities [Member]
Investment and mortgage backed securities held-to-maturity (fair value of $21,706,150 and $24,566,903 at March 31, 2016 and 2015, respectively)	876,568	1,144,652
Held-to-maturity securities, gross unrealized gains	73,854	$ 88,531
Held-to-maturity securities, gross unrealized losses	(12,285)
Securities held-to-maturity, fair value	938,137	$ 1,233,183
Investment and mortgage backed securities held-to-maturity (fair value of $21,706,150 and $24,566,903 at March 31, 2016 and 2015, respectively)	21,584,538	24,617,338
Held-to-maturity securities, gross unrealized gains	140,177	133,358
Held-to-maturity securities, gross unrealized losses	(18,565)	(183,793)
Securities held-to-maturity, fair value	$ 21,706,150	$ 24,566,903

Note 5 - Investment Securitie59

Note 5 - Investment Securities - Maturities of Securities (Details) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Available-for-sale securities, amortized cost - one year or less
Available-for-sale securities, fair value - one year or less
Held-to-maturity securities, amortized cost - one year or less	$ 736,250	$ 970,771
Held-to-maturity securities, fair value - one year or less	734,737	$ 980,256
Available-for-sale securities, amortized cost - after one year through five years	1,000,000
Available-for-sale securities, fair value - after one year through five years	1,024,569
Held-to-maturity securities, amortized cost - after one year through five years	945,000	$ 1,000,639
Held-to-maturity securities, fair value - after one year through five years	945,091	$ 999,302
Available-for-sale securities, amortized cost - after five years through ten years	1,000,000
Available-for-sale securities, fair value - after five years through ten years	1,003,532
Held-to-maturity securities, amortized cost - after five years through ten years	8,379,581	$ 8,910,976
Held-to-maturity securities, fair value - after five years through ten years	$ 8,384,588	8,838,675
Available-for-sale securities, amortized cost - after ten years		1,000,000
Available-for-sale securities, fair value - after ten years		972,441
Held-to-maturity securities, amortized cost - after ten years	$ 11,523,707	13,734,952
Held-to-maturity securities, fair value - after ten years	11,641,734	13,748,670
Mutual fund shares, available-for-sale, amortized cost	121,777	154,418
Mutual fund shares, available-for-sale securities, fair value	$ 121,992	$ 155,074
Mutual fund shares, held-to-maturity securities, amortized cost
Mutual fund shares, held-to-maturity securities, fair value
Available-for-sale securities, amortized cost	$ 2,121,777	$ 1,154,418
Available-for-sale securities, fair value	2,150,093	1,127,515
Investment and mortgage backed securities held-to-maturity (fair value of $21,706,150 and $24,566,903 at March 31, 2016 and 2015, respectively)	21,584,538	24,617,338
Securities held-to-maturity, fair value	$ 21,706,150	$ 24,566,903

Note 5 - Investment Securitie60

Note 5 - Investment Securities - Securities With Gross Unrealized Losses (Details) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Federal Home Loan Bank Certificates and Obligations (FHLB) [Member]
Securities with unrealized losses, less than 12 months, fair value		$ 2,456,736
Securities with unrealized losses, less than 12 months, gross unrealized losses		(20,116)
Securities with unrealized losses, 12 months or greater, fair value	$ 496,320	2,450,731
Securities with unrealized losses, 12 months or greater, gross unrealized losses	(3,680)	(51,887)
Securities with unrealized losses, fair value	496,320	4,907,467
Securities with unrealized losses, gross unrealized losses	$ (3,680)	(72,003)
Federal Farm Credit Bonds [Member]
Securities with unrealized losses, less than 12 months, fair value		2,478,672
Securities with unrealized losses, less than 12 months, gross unrealized losses		(13,569)
Securities with unrealized losses, 12 months or greater, fair value	$ 498,913	2,903,103
Securities with unrealized losses, 12 months or greater, gross unrealized losses	(1,087)	(41,472)
Securities with unrealized losses, fair value	498,913	5,381,775
Securities with unrealized losses, gross unrealized losses	$ (1,087)	(55,041)
Federal Home Loan Mortgage Corporation Certificates and Obligations (FHLMC) [Member]
Securities with unrealized losses, less than 12 months, fair value		987,910
Securities with unrealized losses, less than 12 months, gross unrealized losses		(12,090)
Securities with unrealized losses, 12 months or greater, fair value	$ 102,967	491,679
Securities with unrealized losses, 12 months or greater, gross unrealized losses	(7,728)	(8,321)
Securities with unrealized losses, fair value	102,967	1,479,589
Securities with unrealized losses, gross unrealized losses	$ (7,728)	(20,411)
Federal National Mortgage Association Certificates and Obligations (FNMA) [Member]
Securities with unrealized losses, less than 12 months, fair value		1,492,801
Securities with unrealized losses, less than 12 months, gross unrealized losses		(6,857)
Securities with unrealized losses, 12 months or greater, fair value	$ 497,247	2,442,960
Securities with unrealized losses, 12 months or greater, gross unrealized losses	(2,753)	(57,040)
Securities with unrealized losses, fair value	497,247	3,935,761
Securities with unrealized losses, gross unrealized losses	(2,753)	(63,897)
Municipal Bonds [Member]
Securities with unrealized losses, less than 12 months, fair value	734,737
Securities with unrealized losses, less than 12 months, gross unrealized losses	$ (1,513)
Securities with unrealized losses, 12 months or greater, fair value
Securities with unrealized losses, 12 months or greater, gross unrealized losses
Securities with unrealized losses, fair value	$ 734,737
Securities with unrealized losses, gross unrealized losses	(1,513)
Bonds [Member]
Securities with unrealized losses, less than 12 months, fair value	734,737	7,416,119
Securities with unrealized losses, less than 12 months, gross unrealized losses	(1,513)	(52,632)
Securities with unrealized losses, 12 months or greater, fair value	1,659,478	8,288,473
Securities with unrealized losses, 12 months or greater, gross unrealized losses	(17,137)	(158,720)
Securities with unrealized losses, fair value	2,394,215	15,704,592
Securities with unrealized losses, gross unrealized losses	$ (18,650)	(211,352)
Mutual Fund Shares [Member]
Securities with unrealized losses, less than 12 months, fair value
Securities with unrealized losses, less than 12 months, gross unrealized losses
Securities with unrealized losses, 12 months or greater, fair value	$ 64,031
Securities with unrealized losses, 12 months or greater, gross unrealized losses	(1,889)
Securities with unrealized losses, fair value	64,031
Securities with unrealized losses, gross unrealized losses	$ (1,889)
Mortgage Backed Securities, Federal National Mortgage Association [Member]
Securities with unrealized losses, less than 12 months, fair value
Securities with unrealized losses, less than 12 months, gross unrealized losses
Securities with unrealized losses, 12 months or greater, fair value	$ 154,705
Securities with unrealized losses, 12 months or greater, gross unrealized losses	(3,418)
Securities with unrealized losses, fair value	154,705
Securities with unrealized losses, gross unrealized losses	$ (3,418)
Government National Mortgage Association Certificates and Obligations (GNMA) [Member]
Securities with unrealized losses, less than 12 months, fair value
Securities with unrealized losses, less than 12 months, gross unrealized losses
Securities with unrealized losses, 12 months or greater, fair value	$ 21,613
Securities with unrealized losses, 12 months or greater, gross unrealized losses	(1,139)
Securities with unrealized losses, fair value	21,613
Securities with unrealized losses, gross unrealized losses	$ (1,139)
Commercial Mortgage Backed Securities [Member]
Securities with unrealized losses, less than 12 months, fair value
Securities with unrealized losses, less than 12 months, gross unrealized losses
Securities with unrealized losses, 12 months or greater, fair value	$ 176,318
Securities with unrealized losses, 12 months or greater, gross unrealized losses	(4,557)
Securities with unrealized losses, fair value	176,318
Securities with unrealized losses, gross unrealized losses	(4,557)
Securities with unrealized losses, less than 12 months, fair value	734,737	7,416,119
Securities with unrealized losses, less than 12 months, gross unrealized losses	(1,513)	(52,632)
Securities with unrealized losses, 12 months or greater, fair value	1,835,796	8,288,473
Securities with unrealized losses, 12 months or greater, gross unrealized losses	(21,694)	(158,720)
Securities with unrealized losses, fair value	2,570,533	15,704,592
Securities with unrealized losses, gross unrealized losses	$ (23,207)	$ (211,352)

Note 6 - Loans (Details Textual

Note 6 - Loans (Details Textual)	12 Months Ended
	Mar. 31, 2016USD ($)	Mar. 31, 2015USD ($)
Total Charge-offs [Member]
Loans Receivables, Write Offs, Number of Relationships	1	2
Allowance for Loan and Lease Losses, Write-offs	$ 71,388	$ 22,694
Partial Charge-offs [Member]
Loans Receivables, Write Offs, Number of Relationships	3	17
Allowance for Loan and Lease Losses, Write-offs	$ 67,461	$ 740,860
Residential Portfolio Segment [Member] | Maximum [Member]
Loan Origination, Percentage of Appraised Value or Selling Price	80.00%
Residential Portfolio Segment [Member]
Financing Receivable, Modifications, Number of Contracts	1	1
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 1,333,383	$ 880,061
Impaired Financing Receivable, Average Recorded Investment	2,912,541	2,742,623
Impaired Financing Receivable, Interest Income, Cash Basis Method	70,879	65,065
Allowance for Loan and Lease Losses, Write-offs	$ 39,730	142,279
Owner and Non-owner Occupied Property [Member] | Maximum [Member]
Loan Term	30 years
Commercial Real Estate Portfolio Segment [Member] | Maximum [Member]
Loan Origination, Percentage of Appraised Value or Selling Price	80.00%
Interest Rate Maturity Or Re-price	7 years
Loan Amortization Period	25 years
Commercial Real Estate Portfolio Segment [Member] | Minimum [Member]
Interest Rate Maturity Or Re-price	5 years
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 552,545	661,456
Impaired Financing Receivable, Average Recorded Investment	1,992,465	1,727,671
Impaired Financing Receivable, Interest Income, Cash Basis Method	117,115	129,426
Allowance for Loan and Lease Losses, Write-offs	$ 16,871	597,896
Consumer Portfolio Segment [Member] | Maximum [Member]
Loan Origination, Percentage of Appraised Value or Selling Price	80.00%
Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 0	71,387
Impaired Financing Receivable, Average Recorded Investment	$ 15,864	18,185
Impaired Financing Receivable, Interest Income, Cash Basis Method		2,169
Allowance for Loan and Lease Losses, Write-offs	$ 71,388	4,054
Construction Portfolio Segment [Member] | Maximum [Member]
Loan Term	1 year
Construction Portfolio Segment [Member]
Impaired Financing Receivable, Average Recorded Investment	$ 60,154	58,263
Impaired Financing Receivable, Interest Income, Cash Basis Method	$ 2,811	$ 3,299
Allowance for Loan and Lease Losses, Write-offs
Commercial Real Estate [Member]
Financing Receivable, Modifications, Number of Contracts	3	3
Financing Receivable, Modifications, Recorded Investment	$ 676,293	$ 653,944
Construction [Member]
Financing Receivable, Modifications, Number of Contracts	1	1
Financing Receivable, Modifications, Recorded Investment	$ 54,268	$ 56,027
Residential Real Estate Loans [Member]
Financing Receivable, Modifications, Number of Contracts	7	7
Financing Receivable, Modifications, Recorded Investment	$ 1,620,970	$ 1,528,017
Modified During the Year [Member]
Financing Receivable, Modifications, Number of Contracts	1	1
Financing Receivable, Modifications, Recorded Investment	$ 172,933	$ 110,205
In Non-accrual Status [Member]
Financing Receivable, Number of Contracts, Nonaccrual Status	18	17
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 2,761,939	$ 2,337,239
Financing Receivable, Modifications, Number of Contracts	11	11
Maximum Loan to One Borrower Limitation, Percentage of Capital Funds	15.00%
Maximum Loan to One Borrower Limitation	$ 1,800,000
Additional Loan to One Borrower Limitation if Collateralized, Percentage of Adjusted Capital Funds	10.00%
Financing Receivable, Modifications, Recorded Investment	$ 2,351,531	$ 2,237,988
Financing Receivable, Recorded Investment, Nonaccrual Status	2,018,167	1,623,764
Impaired Financing Receivable, Average Recorded Investment	4,965,658	4,707,275
Impaired Financing Receivable, Interest Income, Cash Basis Method	$ 200,787	$ 201,449
Allowance for Loan Loss to Loans Outstanding Ratio	1.32%
Increase (Decrease) in Non-performing Assets	$ (161,910)
Non-performing Assets As Percentage of Total Assets	4.74%	4.90%
Allowance for Loan and Lease Losses, Write-offs	$ 138,849	$ 763,554
Loan Discount, Percentage	1.00%

Note 6 - Loans - Loans (Details

Note 6 - Loans - Loans (Details) - USD ($)	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2014
Residential Portfolio Segment [Member]
Loans	$ 62,250,645	$ 62,788,782
Allowance for loan losses	(568,334)	(702,105)	$ (656,156)
Commercial Real Estate Portfolio Segment [Member]
Loans	9,569,328	7,979,569
Allowance for loan losses	(339,022)	(288,893)	(634,968)
Commercial Portfolio Segment [Member]
Loans	2,290,405	1,913,466
Allowance for loan losses	(79,988)	(86,300)	(58,399)
Home Equity Portfolio Segment [Member]
Loans	8,527,420	8,005,627
Allowance for loan losses	(86,728)	(86,847)	(65,369)
Consumer Portfolio Segment [Member]
Loans	682,193	677,964
Allowance for loan losses	(25,160)	(21,033)	(29,609)
Construction Portfolio Segment [Member]
Loans	$ 54,268	56,027
Allowance for loan losses		0	(3,797)
Loans	$ 83,374,259	81,421,435
Net deferred loan origination fees	(77,218)	(89,860)
Allowance for loan losses	(1,099,232)	(1,185,178)	$ (1,448,298)
	(1,176,450)	(1,275,038)
Loans, net	$ 82,197,809	$ 80,146,397

Note 6 - Loans - Loans by Credi

Note 6 - Loans - Loans by Credit Quality Indicator (Details) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Pass [Member] | Residential Portfolio Segment [Member]
Loans	$ 59,385,578	$ 60,728,444
Pass [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans	7,962,420	5,308,521
Pass [Member] | Commercial Portfolio Segment [Member]
Loans	2,074,394	1,685,655
Pass [Member] | Home Equity Portfolio Segment [Member]
Loans	8,416,499	7,994,767
Pass [Member] | Consumer Portfolio Segment [Member]
Loans	682,193	606,577
Pass [Member]
Loans	$ 78,521,084	$ 76,323,964
Special Mention [Member] | Residential Portfolio Segment [Member]
Loans
Special Mention [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans	$ 288,784	$ 713,658
Special Mention [Member] | Commercial Portfolio Segment [Member]
Loans	53,942	23,568
Special Mention [Member]
Loans	$ 342,726	$ 737,226
Classified Loans [Member] | Residential Portfolio Segment [Member]
Loans
Classified Loans [Member] | Commercial Real Estate Portfolio Segment [Member]
Loans		$ 294,250
Classified Loans [Member] | Commercial Portfolio Segment [Member]
Loans	$ 140,751	204,243
Classified Loans [Member]
Loans	140,751	498,493
Residential Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Loans	2,865,067	2,060,338
Residential Portfolio Segment [Member]
Loans	62,250,645	62,788,782
Commercial Real Estate Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Loans	1,318,124	1,663,140
Commercial Real Estate Portfolio Segment [Member]
Loans	9,569,328	$ 7,979,569
Commercial Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Loans	21,318
Commercial Portfolio Segment [Member]
Loans	2,290,405	$ 1,913,466
Home Equity Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Loans	110,921	10,860
Home Equity Portfolio Segment [Member]
Loans	8,527,420	8,005,627
Consumer Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Loans		71,387
Consumer Portfolio Segment [Member]
Loans	682,193	677,964
Construction Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Loans	54,268	56,027
Construction Portfolio Segment [Member]
Loans	54,268	56,027
Nonperforming Financial Instruments [Member]
Loans	4,369,698	3,861,752
Loans	$ 83,374,259	$ 81,421,435

Note 6 - Loans - Past-Due Loans

Note 6 - Loans - Past-Due Loans (Details) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Financing Receivables, 30 to 59 Days Past Due [Member] | Residential Portfolio Segment [Member]
Past due loans	$ 577,002	$ 495,322
Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial Portfolio Segment [Member]
Past due loans	339,654	98,280
Financing Receivables, 30 to 59 Days Past Due [Member] | Home Equity Portfolio Segment [Member]
Past due loans	50,000	34,371
Financing Receivables, 30 to 59 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Past due loans		29,967
Financing Receivables, 30 to 59 Days Past Due [Member]
Past due loans	$ 966,656	$ 657,940
Percentage past due loans	1.16%	0.81%
Financing Receivables, 60 to 89 Days Past Due [Member] | Residential Portfolio Segment [Member]
Past due loans	$ 224,111	$ 1,324,777
Financing Receivables, 60 to 89 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member]
Past due loans	288,784	$ 116,763
Financing Receivables, 60 to 89 Days Past Due [Member] | Commercial Portfolio Segment [Member]
Past due loans	21,318
Financing Receivables, 60 to 89 Days Past Due [Member] | Home Equity Portfolio Segment [Member]
Past due loans		$ 88,625
Financing Receivables, 60 to 89 Days Past Due [Member]
Past due loans	$ 534,213	$ 1,530,165
Percentage past due loans	0.64%	1.88%
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Residential Portfolio Segment [Member]
Past due loans	$ 1,967,082	$ 1,364,792
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member]
Past due loans	663,068	890,200
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Home Equity Portfolio Segment [Member]
Past due loans	110,471	10,860
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Past due loans		71,387
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due loans	$ 2,740,621	$ 2,337,239
Percentage past due loans	3.29%	2.87%
Residential Portfolio Segment [Member]
Past due loans	$ 2,768,195	$ 3,184,891
Current loans	59,482,450	59,603,891
Loans	62,250,645	62,788,782
Commercial Real Estate Portfolio Segment [Member]
Past due loans	951,852	1,006,963
Current loans	8,617,476	6,972,606
Loans	9,569,328	7,979,569
Commercial Portfolio Segment [Member]
Past due loans	360,972	98,280
Current loans	1,929,433	1,815,186
Loans	2,290,405	1,913,466
Home Equity Portfolio Segment [Member]
Past due loans	160,471	133,856
Current loans	8,366,949	7,871,771
Loans	8,527,420	8,005,627
Consumer Portfolio Segment [Member]
Past due loans		101,354
Current loans	682,193	576,610
Loans	682,193	677,964
Construction Portfolio Segment [Member]
Current loans	54,268	56,027
Loans	54,268	56,027
Past due loans	4,241,490	4,525,344
Current loans	79,132,769	76,896,091
Loans	$ 83,374,259	$ 81,421,435
Percentage past due loans	5.09%	5.56%
Percentage of current loans	94.91%	94.44%
Percentage of Total Loans	100.00%	100.00%

Note 6 - Loans - Impaired Loans

Note 6 - Loans - Impaired Loans (Details) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Impaired loans for which a valuation allowance has been provided
Impaired loans for which no valuation allowance has been provided	$ 4,965,658	$ 4,521,712
Total loans determined to be impaired	$ 4,965,658	$ 4,521,712
Allowance for loans losses related to impaired loans
Average recorded investment in impaired loans	$ 4,965,658	$ 4,707,275
Cash basis interest income recognized on impaired loans	$ 200,787	$ 201,449

Note 6 - Loans - Impaired Loa66

Note 6 - Loans - Impaired Loans by Portfolio (Details) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Residential Portfolio Segment [Member]
Recorded Investment, with No Valuation Allowance	$ 2,964,318	$ 2,600,317
Impaired loans for which no valuation allowance has been provided	2,920,343	2,535,471
Average Annual Recorded Investment, with No Valuation Allowance	2,912,541	2,742,623
Interest Income Recognized While On Impaired Status, with No Valuation Allowance	70,879	65,065
Interest Income Recognized While On Impaired Status, with No Valuation Allowance	70,879	65,065
Recorded Investment, Total	2,964,318	2,600,317
Unpaid Principal Balance, Total	2,920,343	2,535,471
Impaired Financing Receivable, Average Recorded Investment	2,912,541	2,742,623
Impaired Financing Receivable, Interest Income, Cash Basis Method	70,879	65,065
Cash basis interest income recognized on impaired loans	70,879	65,065
Total non-performing loans	2,964,318	2,600,317
Recorded Investment, with No Valuation Allowance	2,964,318	2,600,317
Commercial Real Estate Portfolio Segment [Member]
Recorded Investment, with No Valuation Allowance	1,938,180	1,860,348
Impaired loans for which no valuation allowance has been provided	1,935,352	1,813,440
Average Annual Recorded Investment, with No Valuation Allowance	1,992,465	1,727,671
Interest Income Recognized While On Impaired Status, with No Valuation Allowance	117,115	129,426
Interest Income Recognized While On Impaired Status, with No Valuation Allowance	117,115	129,426
Recorded Investment, Total	1,938,180	1,860,348
Unpaid Principal Balance, Total	1,935,352	1,813,440
Impaired Financing Receivable, Average Recorded Investment	1,992,465	1,727,671
Impaired Financing Receivable, Interest Income, Cash Basis Method	117,115	129,426
Cash basis interest income recognized on impaired loans	117,115	129,426
Total non-performing loans	1,938,180	1,860,348
Recorded Investment, with No Valuation Allowance	1,938,180	1,860,348
Commercial Portfolio Segment [Member]
Recorded Investment, with No Valuation Allowance	55,695	34,526
Impaired loans for which no valuation allowance has been provided	55,695	34,526
Average Annual Recorded Investment, with No Valuation Allowance	34,346	30,991
Interest Income Recognized While On Impaired Status, with No Valuation Allowance	9,207	1,314
Interest Income Recognized While On Impaired Status, with No Valuation Allowance	9,207	1,314
Recorded Investment, Total	55,695	34,526
Unpaid Principal Balance, Total	55,695	34,526
Impaired Financing Receivable, Average Recorded Investment	34,346	30,991
Impaired Financing Receivable, Interest Income, Cash Basis Method	9,207	1,314
Cash basis interest income recognized on impaired loans	9,207	1,314
Total non-performing loans	55,695	34,526
Recorded Investment, with No Valuation Allowance	$ 55,695	34,526
Home Equity Portfolio Segment [Member]
Recorded Investment, with No Valuation Allowance		10,860
Impaired loans for which no valuation allowance has been provided		10,860
Average Annual Recorded Investment, with No Valuation Allowance	$ 39,066	129,542
Interest Income Recognized While On Impaired Status, with No Valuation Allowance	775	176
Interest Income Recognized While On Impaired Status, with No Valuation Allowance	$ 775	176
Recorded Investment, Total		10,860
Unpaid Principal Balance, Total		10,860
Impaired Financing Receivable, Average Recorded Investment	$ 39,066,775	129,542
Impaired Financing Receivable, Interest Income, Cash Basis Method		176
Cash basis interest income recognized on impaired loans		176
Total non-performing loans		10,860
Recorded Investment, with No Valuation Allowance		10,860
Consumer Portfolio Segment [Member]
Recorded Investment, with No Valuation Allowance		71,388
Impaired loans for which no valuation allowance has been provided		71,388
Average Annual Recorded Investment, with No Valuation Allowance	$ 15,864	18,185
Interest Income Recognized While On Impaired Status, with No Valuation Allowance		2,169
Interest Income Recognized While On Impaired Status, with No Valuation Allowance		2,169
Recorded Investment, Total		71,388
Unpaid Principal Balance, Total		71,388
Impaired Financing Receivable, Average Recorded Investment	$ 15,864	18,185
Impaired Financing Receivable, Interest Income, Cash Basis Method		2,169
Cash basis interest income recognized on impaired loans		2,169
Total non-performing loans		71,388
Recorded Investment, with No Valuation Allowance		71,388
Construction Portfolio Segment [Member]
Recorded Investment, with No Valuation Allowance	$ 59,105	56,027
Impaired loans for which no valuation allowance has been provided	54,268	56,027
Average Annual Recorded Investment, with No Valuation Allowance	60,154	58,263
Interest Income Recognized While On Impaired Status, with No Valuation Allowance	2,811	3,299
Interest Income Recognized While On Impaired Status, with No Valuation Allowance	2,811	3,299
Recorded Investment, Total	59,105	56,027
Unpaid Principal Balance, Total	54,268	56,027
Impaired Financing Receivable, Average Recorded Investment	60,154	58,263
Impaired Financing Receivable, Interest Income, Cash Basis Method	2,811	3,299
Cash basis interest income recognized on impaired loans	2,811	3,299
Total non-performing loans	59,105	56,027
Recorded Investment, with No Valuation Allowance	59,105	56,027
Recorded Investment, with No Valuation Allowance	5,017,298	4,633,466
Impaired loans for which no valuation allowance has been provided	4,965,658	4,521,712
Average Annual Recorded Investment, with No Valuation Allowance	5,054,436	4,707,275
Interest Income Recognized While On Impaired Status, with No Valuation Allowance	200,787	201,449
Interest Income Recognized While On Impaired Status, with No Valuation Allowance	200,787	201,449
Recorded Investment, Total	5,017,298	4,633,466
Unpaid Principal Balance, Total	4,965,658	4,521,712
Impaired Financing Receivable, Average Recorded Investment	4,965,658	4,707,275
Impaired Financing Receivable, Interest Income, Cash Basis Method	200,787	201,449
Cash basis interest income recognized on impaired loans	200,787	201,449
Total non-performing loans	5,017,298	4,633,466
Recorded Investment, with No Valuation Allowance	$ 5,017,298	$ 4,633,466

Note 6 - Loans - Nonaccrual Loa

Note 6 - Loans - Nonaccrual Loans (Details) - USD ($)	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2014
Residential Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Troubled debt restructurings	$ 744,222	$ 484,731
Residential Portfolio Segment [Member] | Performing Financial Instruments [Member]
Troubled debt restructurings	787,462	695,546
Residential Portfolio Segment [Member]
Non-accrual loans	$ 1,333,383	$ 880,061
90 days past due and still accruing
Total non-performing loans	$ 2,964,318	$ 2,600,317
Commercial Real Estate Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Troubled debt restructurings	765,579	772,940
Commercial Real Estate Portfolio Segment [Member]
Non-accrual loans	$ 552,545	661,456
90 days past due and still accruing		228,744
Total non-performing loans	$ 1,938,180	1,860,348
Commercial Portfolio Segment [Member]
Non-accrual loans	21,318	0
Total non-performing loans	55,695	34,526
Home Equity Portfolio Segment [Member]
Non-accrual loans	$ 110,921	10,860
Total non-performing loans		10,860
Consumer Portfolio Segment [Member]
Non-accrual loans	$ 0	71,387
Total non-performing loans		71,388
Construction Portfolio Segment [Member]
90 days past due and still accruing	$ 54,268	56,027
Total non-performing loans	59,105	56,027
Nonperforming Financial Instruments [Member]
Troubled debt restructurings	744,222	713,475
Total non-performing loans	4,369,698	3,861,752
Real estate owned	1,763,627	2,433,483
Total non-performing assets	6,133,325	6,295,235
Performing Financial Instruments [Member]
Troubled debt restructurings	1,607,309	1,524,513
Non-accrual loans	2,018,167	1,623,764
Troubled debt restructurings	2,351,531	2,237,988
Total non-performing loans	5,017,298	4,633,466
Real estate owned	1,763,628	2,433,483	$ 1,949,825
Total non-performing assets	$ 129,415,025	$ 128,572,750
Non-performing loans as a percentage of loans	5.24%	4.74%
Non-performing assets as a percentage of loans and real estate owned	7.20%	7.51%
Non-performing assets as a percentage of total assets	4.74%	4.90%

Note 6 - Loans - Troubled Debt

Note 6 - Loans - Troubled Debt Restructurings (Details)	12 Months Ended
	Mar. 31, 2016USD ($)	Mar. 31, 2015USD ($)
Residential Portfolio Segment [Member]
Number of Contracts	1	1
Outstanding Recorded Investment Pre-Modification	$ 163,767	$ 95,511
Outstanding Recorded Investment Post-Modification	$ 172,933	$ 111,000
Number of Contracts	11	11

Note 6 - Loans - Troubled Deb69

Note 6 - Loans - Troubled Debt Restructurings Subsequent Default (Details) - Residential Portfolio Segment [Member]	12 Months Ended
	Mar. 31, 2016USD ($)
Troubled debt restructurings that subsequently defaulted, number of contracts
Troubled debt restructurings that subsequently defaulted, recorded investment	$ 0

Note 6 - Loans - Real Estate Ow

Note 6 - Loans - Real Estate Owned (REO), Net of Valuation Allowance (Details) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Balance, beginning of year	$ 2,433,483	$ 1,949,825
Loans transferred to real estate owned	332,495	2,332,862
Dispositions of REO	(751,952)	(1,591,941)
(Loss) on sale of REO	(3,519)	(82,062)
Valuation adjustments during the year	(246,879)	(175,200)
Balance, end of year	1,763,628	2,433,483
Balance, beginning of year	850,865	675,665
Valuation adjustments added during the year	246,879	642,080
Valuation adjustments on disposed properties during the year	(870,513)	(466,880)
Balance, end of year	$ 227,231	$ 850,865

Note 6 - Loans - Allowance for

Note 6 - Loans - Allowance for Losses on Loans and Charge-Offs (Details) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Residential Portfolio Segment [Member]
Beginning balance	$ 702,105	$ 656,156
Provision (recapture) for loan losses	(132,262)	177,490
Charge-offs	39,730	142,279
Recoveries	(38,221)	(10,738)
Ending balance	568,334	702,105
Loans	62,250,645	62,788,782
Commercial Real Estate Portfolio Segment [Member]
Beginning balance	288,893	634,968
Provision (recapture) for loan losses	9,520	175,662
Charge-offs	16,871	597,896
Recoveries	(57,480)	(76,159)
Ending balance	339,022	288,893
Loans	9,569,328	7,979,569
Commercial Portfolio Segment [Member]
Beginning balance	86,300	58,399
Provision (recapture) for loan losses	$ (11,855)	44,689
Charge-offs		19,325
Recoveries	$ (5,543)	(2,537)
Ending balance	79,988	86,300
Loans	2,290,405	1,913,466
Home Equity Portfolio Segment [Member]
Beginning balance	86,847	65,369
Provision (recapture) for loan losses	10,741	$ 21,478
Charge-offs	$ 10,860
Recoveries
Ending balance	$ 86,728	$ 86,847
Loans	8,527,420	8,005,627
Consumer Portfolio Segment [Member]
Beginning balance	21,033	29,609
Provision (recapture) for loan losses	53,156	(25,522)
Charge-offs	71,388	4,054
Recoveries	(22,359)	(21,000)
Ending balance	25,160	21,033
Loans	682,193	677,964
Construction Portfolio Segment [Member]
Beginning balance	$ 0	3,797
Provision (recapture) for loan losses		$ (3,797)
Charge-offs
Recoveries
Ending balance		$ 0
Loans	$ 54,268	56,027
Beginning balance	1,185,178	1,448,298
Provision (recapture) for loan losses	(70,700)	390,000
Charge-offs	138,849	763,554
Recoveries	(123,603)	(110,434)
Total Net Charge-Offs	15,246	653,120
Ending balance	1,099,232	1,185,178
Loans	83,374,259	81,421,435
Average loans outstanding	$ 83,665,599	$ 83,252,940
Allowance as a percentage of year-end loans	1.32%	1.46%
Net charge-offs as a percentage of average loans	0.02%	0.78%

Note 6 - Loans - Allowance fo72

Note 6 - Loans - Allowance for Loan Losses (Details) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Residential Portfolio Segment [Member]
Beginning balance	$ 702,105	$ 656,156
Loan charge-offs	(39,730)	(142,279)
Recoveries	38,221	10,738
Provision (recapture) for loan losses	(132,262)	177,490
Ending balance	$ 568,334	$ 702,105
Ending balance for loans individually evaluated for impairment
Ending balance for loans collectively evaluated for impairment	$ 568,334	$ 702,105
Ending balance	62,250,645	62,788,782
Ending balance: loans individually evaluated for impairment	2,448,138	2,548,574
Ending balance: loans collectively evaluated for impairment	59,802,507	60,240,208
Commercial Real Estate Portfolio Segment [Member]
Beginning balance	288,893	634,968
Loan charge-offs	(16,871)	(597,896)
Recoveries	57,480	76,159
Provision (recapture) for loan losses	9,520	175,662
Ending balance	$ 339,022	$ 288,893
Ending balance for loans individually evaluated for impairment
Ending balance for loans collectively evaluated for impairment	$ 339,022	$ 288,893
Ending balance	9,569,328	7,979,569
Ending balance: loans individually evaluated for impairment	1,637,617	1,813,440
Ending balance: loans collectively evaluated for impairment	7,931,711	6,166,129
Commercial Portfolio Segment [Member]
Beginning balance	$ 86,300	58,399
Loan charge-offs		(19,325)
Recoveries	$ 5,543	2,537
Provision (recapture) for loan losses	(11,855)	44,689
Ending balance	$ 79,988	$ 86,300
Ending balance for loans individually evaluated for impairment
Ending balance for loans collectively evaluated for impairment	$ 79,988	$ 86,300
Ending balance	2,290,405	1,913,466
Ending balance: loans individually evaluated for impairment	132,657	34,526
Ending balance: loans collectively evaluated for impairment	2,157,748	1,878,940
Home Equity Portfolio Segment [Member]
Beginning balance	86,847	$ 65,369
Loan charge-offs	$ (10,860)
Recoveries
Provision (recapture) for loan losses	$ 10,741	$ 21,478
Ending balance	$ 86,728	$ 86,847
Ending balance for loans individually evaluated for impairment
Ending balance for loans collectively evaluated for impairment	$ 86,728	$ 86,847
Ending balance	8,527,420	8,005,627
Ending balance: loans individually evaluated for impairment	517,079	10,860
Ending balance: loans collectively evaluated for impairment	8,010,341	7,994,767
Consumer Portfolio Segment [Member]
Beginning balance	21,033	29,609
Loan charge-offs	(71,388)	(4,054)
Recoveries	22,359	21,000
Provision (recapture) for loan losses	53,156	(25,522)
Ending balance	$ 25,160	$ 21,033
Ending balance for loans individually evaluated for impairment
Ending balance for loans collectively evaluated for impairment	$ 25,160	$ 21,033
Ending balance	$ 682,193	$ 677,964
Ending balance: loans individually evaluated for impairment
Ending balance: loans collectively evaluated for impairment	$ 682,193	$ 677,964
Construction Portfolio Segment [Member]
Beginning balance	$ 0	$ 3,797
Loan charge-offs
Recoveries
Provision (recapture) for loan losses		$ (3,797)
Ending balance		$ 0
Ending balance for loans individually evaluated for impairment
Ending balance for loans collectively evaluated for impairment
Ending balance	$ 54,268	$ 56,027
Ending balance: loans individually evaluated for impairment	$ 54,268
Ending balance: loans collectively evaluated for impairment		$ 56,027
Beginning balance	$ 1,185,178	1,448,298
Loan charge-offs	(138,849)	(763,554)
Recoveries	123,603	110,434
Provision (recapture) for loan losses	(70,700)	390,000
Ending balance	$ 1,099,232	$ 1,185,178
Ending balance for loans individually evaluated for impairment
Ending balance for loans collectively evaluated for impairment	$ 1,099,232	$ 1,185,178
Ending balance	83,374,259	81,421,435
Ending balance: loans individually evaluated for impairment	4,789,759	4,407,400
Ending balance: loans collectively evaluated for impairment	$ 78,584,500	$ 77,014,035

Note 6 - Loans - Loans to Offic

Note 6 - Loans - Loans to Officers and Directors (Details) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Borrowers Associated with Bank [Member]
Payments	$ (56,887)	$ (30,691)
Borrower No Longer Associated with Bank [Member]
Payments	(40,712)
Balance, beginning of year	786,325	$ 776,516
Borrowings	1,000,000	40,500
Balance, end of year	$ 1,688,726	$ 786,325

Note 7 - Loan Servicing - Mortg

Note 7 - Loan Servicing - Mortgage Loans Servicing Portfolio (Details) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Finance FHLB New York	$ 125,666	$ 130,080

Note 8 - Accrued Interest Rec75

Note 8 - Accrued Interest Receivable - Accrued Interest Receivable (Details) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Loans Receivable [Member]
Accrued interest receivables	$ 249,245	$ 261,564
Investment Securities [Member]
Accrued interest receivables	116,358	165,257
Mortgage Backed Security [Member]
Accrued interest receivables	3,535	10,019
Accrued interest receivables	$ 369,138	$ 436,840

Note 9 - Premises and Equipme76

Note 9 - Premises and Equipment (Details Textual) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Depreciation	$ 264,356	$ 257,153

Note 9 - Premises and Equipme77

Note 9 - Premises and Equipment - Premises and Equipment (Details) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Land [Member]
Property, plant and equipment, gross	$ 1,451,203	$ 1,451,203
Building [Member]
Property, plant and equipment, gross	6,864,728	6,848,967
Furniture and Fixtures [Member]
Property, plant and equipment, gross	2,054,765	2,006,454
Property, plant and equipment, gross	10,370,696	10,306,624
Accumulated depreciation	(4,080,649)	(3,816,293)
	$ 6,290,047	$ 6,490,331

Note 11 - Deposits (Details Tex

Note 11 - Deposits (Details Textual) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Time Deposits, at or Above FDIC Insurance Limit	$ 2,485,471	$ 1,884,049
Related Party Deposit Liabilities	$ 755,000	$ 957,000

Note 11 - Deposits - Deposits A

Note 11 - Deposits - Deposits Account Balances (Details) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Range One [Member]
Certificates of deposits	$ 21,695,607	$ 26,142,514
Certificates of deposits, weighted average interest rate	0.59%	0.56%
Certificates of deposits, percent of portfolio	19.39%	23.72%
Range Two [Member]
Certificates of deposits	$ 14,773,019	$ 12,866,189
Certificates of deposits, weighted average interest rate	1.29%	1.29%
Certificates of deposits, percent of portfolio	13.21%	11.68%
Range Three [Member]
Certificates of deposits	$ 2,632,487	$ 4,310,287
Certificates of deposits, weighted average interest rate	2.23%	2.31%
Certificates of deposits, percent of portfolio	2.35%	3.91%
Non interest bearing accounts	$ 12,054,146	$ 10,733,275
Non interest bearing accounts, percent of portfolio	10.78%	9.74%
Interest bearing checking accounts	$ 23,027,846	$ 20,816,278
Interest bearing checking accounts, weighted average interest rate	0.19%	0.20%
Interest bearing checking accounts, percent of portfolio	20.59%	18.89%
Passbook savings accounts	$ 17,724,072	$ 15,415,613
Passbook savings accounts, weighted average interest rate	0.10%	0.10%
Passbook savings accounts, percent of portfolio	15.84%	13.99%
Money Market accounts	$ 19,813,982	$ 19,780,377
Money Market accounts, weighted average interest rate	0.49%	0.44%
Money Market accounts, percent of portfolio	17.71%	17.95%
Club accounts	$ 143,488	$ 133,586
Club accounts, weighted average interest rate	0.10%	0.10%
Club accounts, percent of portfolio	0.13%	0.12%
Deposits - excluding certificates of deposit	$ 72,763,534	$ 66,879,129
Deposits - excluding certificates of deposit, percent of portfolio	65.05%	60.69%
Certificates of deposits	$ 39,101,113	$ 43,318,990
Certificates of deposits, percent of portfolio	34.95%	39.31%
Total deposits	$ 111,864,647	$ 110,198,119
Total deposits, percent of porfolio	100.00%	100.00%

Note 11 - Deposits - Scheduled

Note 11 - Deposits - Scheduled Maturities of Certificates of Deposits (Details) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
2,016		$ 25,527,548
2,017	$ 23,090,517	9,336,093
2,018	8,181,234	3,584,198
2,019	3,374,490	2,252,245
2,020	2,358,507	$ 2,618,906
2,021	2,096,365
	$ 39,101,113	$ 43,318,990

Note 12 - Line of Credit from81

Note 12 - Line of Credit from Atlantic Community Bankers Bank (Details Textual) - Atlantic Community Bankers Bank [Member] - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Long-term Line of Credit	$ 0	$ 0
Line of Credit Facility, Maximum Borrowing Capacity	$ 1,000,000

Note 13 - Advances from Feder82

Note 13 - Advances from Federal Home Loan Bank (Details Textual) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged	$ 16,800,000	$ 18,088,000
Federal Home Loan Bank, Advances, General Debt Obligations, Maximum Amount Available	$ 9,586,016

Note 13 - Advances from Feder83

Note 13 - Advances from Federal Home Loan Bank - Advances from Federal Home Loan Bank of New York (Details) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Maturity Date, October 19, 2016 [Member]
Interest rate	0.45%
Advances from Federal Home Loan Bank		$ 1,000,000
Maturity Date, April 18, 2016 [Member]
Interest rate	0.74%
Advances from Federal Home Loan Bank	$ 2,000,000	2,000,000
Maturity Date, October 17, 2016 [Member]
Interest rate	0.81%
Advances from Federal Home Loan Bank	$ 1,000,000	1,000,000
Advances from Federal Home Loan Bank	$ 3,000,000	$ 4,000,000

Note 14 - Income Taxes (Details

Note 14 - Income Taxes (Details Textual) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Domestic Tax Authority [Member]
Operating Loss Carryforwards	$ 3,400,000
Federal and State Jurisdiction [Member] | Earliest Tax Year [Member]
Open Tax Year	2,011
Federal and State Jurisdiction [Member] | Latest Tax Year [Member]
Open Tax Year	2,015
State and Local Jurisdiction [Member]
Operating Loss Carryforwards	$ 4,140,000
Deferred Tax Assets, Operating Loss Carryforwards, Domestic	1,050,900	$ 774,000
Deferred Tax Assets, Operating Loss Carryforwards, State and Local	$ 372,800	$ 391,000

Note 14 - Income Taxes - Compon

Note 14 - Income Taxes - Components of Income tax Expense (Benefit) (Details) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Federal
State	$ 3,000	$ 3,000
Federal	(85,569)	(241,825)
State	29,971	(86,395)
Total	$ (52,598)	$ (325,220)

Note 14 - Income Taxes - Effect

Note 14 - Income Taxes - Effective Income Tax Rate Reconciliation (Details) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Expected federal tax provision (benefit) at 34% rate	$ (24,027)	$ (325,738)
Municipal bond interest	(469)	(899)
Increase in cash surrender value of life insurance	(1,700)	(1,972)
State income tax	$ (26,402)	(64,021)
Valuation allowance for state operating loss carryforward		67,410
Total income tax (benefit)	$ (52,598)	$ (325,220)
Effective tax rate (benefit)	(74.40%)	(33.90%)

Note 14 - Income Taxes - Effe87

Note 14 - Income Taxes - Effective Income Tax Rate Reconciliation (Details) (Parentheticals)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Federal tax rate	34.00%	34.00%

Note 14 - Income Taxes - Summar

Note 14 - Income Taxes - Summary of Deferred Tax Assets and Liabilities (Details) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Accrued pension costs	$ 9,500	$ 7,200
Allowance for loan losses	438,935	722,503
Directors’ benefit plans	131,500	122,000
Employee stock option	32,200	18,200
FASB 158 – unrecognized transition costs	91,100	118,000
Deferred Tax Assets, Operating Loss Carryforwards, Domestic	1,050,900	774,000
Deferred Tax Assets, Operating Loss Carryforwards, State and Local	$ 372,800	391,000
Unrealized losses on securities available-for-sale		11,000
Non accrual interest	$ 15,000	16,000
Total deferred tax assets	$ 2,141,935	2,179,903
Valuation allowance		(67,410)
Accumulated depreciation	$ (64,000)	$ (52,260)
Unrealized gains on securities available-for-sale	(11,400)
Total deferred tax liabilities	(75,400)	$ (52,260)
NET DEFERRED TAX ASSETS	$ 2,066,535	$ 2,060,233

Note 15 - Employee Benefits (De

Note 15 - Employee Benefits (Details Textual) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 0	$ 0
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent	10.00%

Note 16 - Board of Directors'90

Note 16 - Board of Directors' Retirement Plan (Details Textual) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015	Jan. 01, 2002
Defined Benefit Plan Monthly Retirement Benefit Percentage of Board Fees Payable			4.00%
Defined Benefit Plan Maximum Retirement Benefit Percentage of Final Fee Amount			80.00%
Defined Benefit Plan, Amount to be Amortized from Accumulated Other Comprehensive Income (Loss) Next Fiscal Year	$ 0
Pension Expense	$ 59,196	$ 30,648

Note 16 - Board of Directors'91

Note 16 - Board of Directors' Retirement Plan - Net Pension Expense (Details) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Service cost	$ 18,012	$ 7,080
Interest cost	23,276	18,924
Amortization of gain	17,908	4,644
Net amortization and deferral	0	0
Net periodic pension cost	$ 59,196	$ 30,648

Note 16 - Board of Directors'92

Note 16 - Board of Directors' Retirement Plan - Funded Status of Defined Benefit Pension Plan (Details) - USD ($)	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2014
Accumulated benefit obligation	$ 540,070	$ 558,403
Projected benefit obligation	556,522	599,324	$ 415,803
Fair value of plan assets	0	0
Unfunded projected benefit obligation	$ 556,522	$ 599,324

Note 16 - Board of Directors'93

Note 16 - Board of Directors' Retirement Plan - Projected Benefit Obligations (Details) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Projected benefit obligation at beginning of year	$ 599,324	$ 415,803
Service cost	18,012	7,080
Interest cost	23,276	18,924
Actuarial (gain) loss	(48,863)	192,737
Benefits paid	(35,227)	(35,220)
Benefit obligation at end of year	$ 556,522	$ 599,324

Note 16 - Board of Directors'94

Note 16 - Board of Directors' Retirement Plan - Changes in Plan Assets (Details) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Fair value of plan assets	$ 0	$ 0
Actual return on Plan assets	0	0
Employer contributions	35,227	35,220
Benefits paid	$ (35,227)	$ (35,220)

Note 16 - Board of Directors'95

Note 16 - Board of Directors' Retirement Plan - Actuarial Assumptions Used in Determining Pension Amounts (Details)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Discount rate for periodic pension cost	4.00%	4.75%
Discount rate for benefit obligation	4.25%	4.00%
Rate of increase in compensation levels and social security wage base	2.00%	2.00%
Expected long-term rate of return on plan assets

Note 17 - Employee Stock Owne96

Note 17 - Employee Stock Ownership Plan (ESOP) (Details Textual)	Oct. 16, 2013shares	Oct. 31, 2013shares	Mar. 31, 2007shares	Mar. 31, 2008shares	Mar. 31, 2016shares	Mar. 31, 2015shares
ESOP Loan One [Member] | Refinanced [Member]
Maximum ESOP Loan Repayment Period	14 years
ESOP Loan One [Member]
Maximum ESOP Loan Repayment Period			20 years
Debt Instrument, Interest Rate, Stated Percentage	3.25%		8.25%
ESOP Loan Two [Member]
Maximum ESOP Loan Repayment Period	14 years
Debt Instrument, Interest Rate, Stated Percentage	3.25%
Employee Stock Ownership Plan (ESOP), Shares in ESOP			64,081		60,240	60,240
Conversion of Stock Shares Converted Ratio	0.5711
Stock Issued During Period, Shares, Employee Stock Ownership Plan	23,644	23,644		64,081

Note 17 - Employee Stock Owne97

Note 17 - Employee Stock Ownership Plan (ESOP) - Components of the ESOP (Details) - shares	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2007
Employee Stock Ownership Plan (ESOP), Number of Allocated Shares	21,535	18,016
Unearned shares (in shares)	38,706	42,224
Total ESOP shares (in shares)	60,240	60,240	64,081

Note 18 - Stock Based Compens98

Note 18 - Stock Based Compensation (Details Textual) - $ / shares	Oct. 16, 2013	May 19, 2008
Employee Stock Option [Member] | Equity Incentive Plan 2008 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized		80,101
Restricted Stock [Member] | Equity Incentive Plan 2008 [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized		32,040
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	20,000
Share Price	$ 8
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Rights, Percentage	20.00%

Note 18 - Stock Based Compens99

Note 18 - Stock Based Compensation - Equity Incentive Plan Activity (Details)	12 Months Ended
	Mar. 31, 2016$ / sharesshares
Restricted at the beginning of the period (in shares) | shares	16,000
Restricted at the beginning of the period (in dollars per share) | $ / shares	$ 8.69
Granted (in shares) | shares
Granted (in dollars per share) | $ / shares
Vested (in shares) | shares	4,000
Vested (in dollars per share) | $ / shares
Forfeited (in shares) | shares
Forfeited (in dollars per share) | $ / shares
Restricted at the end of the period (in shares) | shares	12,000
Restricted at the end of the period (in dollars per share) | $ / shares	$ 8.69

Note 19 - Earnings Per Share (D

Note 19 - Earnings Per Share (Details Textual)	12 Months Ended
	Mar. 31, 2016shares
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	20,000

Note 19 - Earnings Per Share -

Note 19 - Earnings Per Share - Earnings Per Share Reconciliation (Details) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Net (Loss)	$ (18,070)	$ (632,832)
Weighted average shares outstanding (in shares)	945,425	945,425
Adjusted average unearned ESOP shares (in shares)	(38,705)	(42,224)
Weighted average share outstanding - basic (in shares)	906,720	903,201
Adjusted weighted average shares outstanding - dilutive (in shares)	906,720	903,201
Basic loss per share (in dollars per share)	$ (0.02)	$ (0.70)
Diluted loss per share (in dollars per share)	$ (0.02)	$ (0.70)

Note 20 - Fair Value Measure102

Note 20 - Fair Value Measurements - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Fair Value, Measurements, Recurring [Member] | Certificates of Deposit [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale:
Investment securities available-for-sale (amortized cost of $2,121,777 and $1,154,418 at March 31, 2016 and 2015, respectively)	$ 1,530,854
Fair Value, Measurements, Recurring [Member] | Certificates of Deposit [Member]
Securities available for sale:
Investment securities available-for-sale (amortized cost of $2,121,777 and $1,154,418 at March 31, 2016 and 2015, respectively)	1,530,854
Fair Value, Measurements, Recurring [Member] | Federal Home Loan Bank Certificates and Obligations (FHLB) [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale:
Investment securities available-for-sale (amortized cost of $2,121,777 and $1,154,418 at March 31, 2016 and 2015, respectively)		$ 489,883
Fair Value, Measurements, Recurring [Member] | Federal Home Loan Bank Certificates and Obligations (FHLB) [Member]
Securities available for sale:
Investment securities available-for-sale (amortized cost of $2,121,777 and $1,154,418 at March 31, 2016 and 2015, respectively)		489,883
Fair Value, Measurements, Recurring [Member] | Federal National Mortgage Association Certificates and Obligations (FNMA) [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale:
Investment securities available-for-sale (amortized cost of $2,121,777 and $1,154,418 at March 31, 2016 and 2015, respectively)	497,247	482,558
Fair Value, Measurements, Recurring [Member] | Federal National Mortgage Association Certificates and Obligations (FNMA) [Member]
Securities available for sale:
Investment securities available-for-sale (amortized cost of $2,121,777 and $1,154,418 at March 31, 2016 and 2015, respectively)	497,247	482,558
Fair Value, Measurements, Recurring [Member] | Mutual Fund Shares [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale:
Investment securities available-for-sale (amortized cost of $2,121,777 and $1,154,418 at March 31, 2016 and 2015, respectively)	121,992	155,074
Fair Value, Measurements, Recurring [Member] | Mutual Fund Shares [Member]
Securities available for sale:
Investment securities available-for-sale (amortized cost of $2,121,777 and $1,154,418 at March 31, 2016 and 2015, respectively)	121,992	155,074
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale:
Investment securities available-for-sale (amortized cost of $2,121,777 and $1,154,418 at March 31, 2016 and 2015, respectively)	2,150,093	1,127,515
Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Investment securities available-for-sale (amortized cost of $2,121,777 and $1,154,418 at March 31, 2016 and 2015, respectively)	2,150,093	1,127,515
Certificates of Deposit [Member]
Securities available for sale:
Investment securities available-for-sale (amortized cost of $2,121,777 and $1,154,418 at March 31, 2016 and 2015, respectively)	1,530,854
Federal Home Loan Bank Certificates and Obligations (FHLB) [Member]
Securities available for sale:
Investment securities available-for-sale (amortized cost of $2,121,777 and $1,154,418 at March 31, 2016 and 2015, respectively)		489,883
Federal National Mortgage Association Certificates and Obligations (FNMA) [Member]
Securities available for sale:
Investment securities available-for-sale (amortized cost of $2,121,777 and $1,154,418 at March 31, 2016 and 2015, respectively)	497,247	482,558
Mutual Fund Shares [Member]
Securities available for sale:
Investment securities available-for-sale (amortized cost of $2,121,777 and $1,154,418 at March 31, 2016 and 2015, respectively)	121,992	155,074
Investment securities available-for-sale (amortized cost of $2,121,777 and $1,154,418 at March 31, 2016 and 2015, respectively)	$ 2,150,093	$ 1,127,515

Note 20 - Fair Value Measure103

Note 20 - Fair Value Measurements - Assets and Liabilities Measured at Fair Value On a Non-recurring Basis (Details) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member]
Impaired loans	$ 4,965,658	$ 4,521,712
Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans [Member]
Impaired loans	4,965,658	4,521,712
Fair Value, Measurements, Nonrecurring [Member] | Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member]
Real estate owned	1,763,628	2,433,483
Fair Value, Measurements, Nonrecurring [Member] | Real Estate Owned [Member]
Real estate owned	1,763,628	2,433,483
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Total	6,729,286
Fair Value, Measurements, Nonrecurring [Member]
Total	$ 6,729,286
Fair Value, Inputs, Level 3 [Member]
Total		6,955,195
Total		$ 6,955,195

Note 20 - Fair Value Measure104

Note 20 - Fair Value Measurements - Valuation Processes Used to Determine Nonrecurring Fair Value Measurement Within Level 3 (Details) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Market Approach Valuation Technique [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | Minimum [Member]
Nonrecurring assets, range	7.00%	7.00%
Market Approach Valuation Technique [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member] | Maximum [Member]
Nonrecurring assets, range	12.00%	12.00%
Market Approach Valuation Technique [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member]
Nonrecurring assets, fair value	$ 4,965,658	$ 4,521,712
Market Approach Valuation Technique [Member] | Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member] | Minimum [Member]
Nonrecurring assets, range	7.00%	7.00%
Market Approach Valuation Technique [Member] | Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member] | Maximum [Member]
Nonrecurring assets, range	12.00%	12.00%
Market Approach Valuation Technique [Member] | Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member]
Nonrecurring assets, fair value	$ 1,763,628	$ 2,433,483
Fair Value, Inputs, Level 3 [Member]
Nonrecurring assets, fair value		6,955,195
Nonrecurring assets, fair value		$ 6,955,195

Note 20 - Fair Value of Financi

Note 20 - Fair Value of Financial Instruments - Estimated Fair Value of Assets and Liabilities (Details) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Reported Value Measurement [Member]
Cash and cash equivalents	$ 12,127,388	$ 10,450,448
Available-for-sale securities - fair value	2,121,777	1,154,418
Investment and mortgage-backed securities held to maturity	21,584,538	24,617,338
Impaired loans	82,197,809	80,146,397
Accrued interest receivables	369,138	436,840
Federal Home Loan Bank stock	253,800	306,300
Bank owned life insurance	174,252	169,252
Deposits – non-interest bearing	12,054,146	10,733,275
Deposits – interest bearing	99,810,501	99,464,844
Advances from Federal Home Loan Bank	3,000,000	4,000,000
Accrued interest payable	5,830	5,763
Advances from borrowers for taxes and insurance	433,034	320,356
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	$ 12,127,388	$ 10,450,448
Available-for-sale securities - fair value
Investment and mortgage-backed securities held to maturity
Impaired loans
Accrued interest receivables	$ 369,138	$ 436,840
Federal Home Loan Bank stock	253,800	306,300
Bank owned life insurance	174,252	169,252
Deposits – non-interest bearing	$ 12,054,146	$ 10,733,275
Deposits – interest bearing
Advances from Federal Home Loan Bank	$ 3,000,000	$ 4,000,000
Accrued interest payable	5,830	5,763
Advances from borrowers for taxes and insurance	$ 433,034	$ 320,356
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Cash and cash equivalents
Available-for-sale securities - fair value	$ 2,150,093	$ 1,127,515
Investment and mortgage-backed securities held to maturity	$ 21,639,610	$ 24,566,903
Impaired loans
Federal Home Loan Bank stock
Deposits – non-interest bearing
Deposits – interest bearing	$ 99,899,854	$ 99,411,000
Advances from Federal Home Loan Bank
Advances from borrowers for taxes and insurance
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Cash and cash equivalents
Available-for-sale securities - fair value
Investment and mortgage-backed securities held to maturity
Impaired loans	$ 84,744,000	$ 79,675,000
Accrued interest receivables
Federal Home Loan Bank stock
Bank owned life insurance
Deposits – non-interest bearing
Deposits – interest bearing
Advances from Federal Home Loan Bank
Accrued interest payable
Advances from borrowers for taxes and insurance
Estimate of Fair Value Measurement [Member]
Cash and cash equivalents	$ 12,127,388	$ 10,450,448
Available-for-sale securities - fair value	2,150,093	1,127,515
Investment and mortgage-backed securities held to maturity	$ 84,744,000	24,566,903
Impaired loans		79,675,000
Accrued interest receivables	$ 369,138	436,840
Federal Home Loan Bank stock	253,800	306,300
Bank owned life insurance	174,252	169,252
Deposits – non-interest bearing	$ 12,054,146	10,733,275
Deposits – interest bearing		99,411,000
Advances from Federal Home Loan Bank	$ 3,000,000	4,000,000
Accrued interest payable	5,830	5,763
Advances from borrowers for taxes and insurance	433,034	320,356
Available-for-sale securities - fair value	2,150,093	1,127,515
Investment and mortgage-backed securities held to maturity	21,706,150	24,566,903
Accrued interest receivables	369,138	436,840
Bank owned life insurance	174,252	169,252
Advances from Federal Home Loan Bank	3,000,000	4,000,000
Advances from borrowers for taxes and insurance	$ 433,034	$ 320,356

Note 21 - Commitments and Co106

Note 21 - Commitments and Contingencies (Details Textual) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Guarantee Obligations [Member]
Loss Contingency, Loss in Period	$ 0	$ 0

Note 21 - Commitments and Co107

Note 21 - Commitments and Contingencies - Outstanding Commitment to Originate Loans (Details) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Construction [Member]
Financial instruments whose notional or contract amounts represent credit risk		$ 225,000
Unused Commercial Lines of Credit [Member]
Financial instruments whose notional or contract amounts represent credit risk	$ 1,212,000	1,425,000
Unused Home Equity Lines of Credit [Member]
Financial instruments whose notional or contract amounts represent credit risk	4,969,000	4,450,000
Personal Lines of Credit [Member]
Financial instruments whose notional or contract amounts represent credit risk	635	2,500
Family 1 to 4Residential Mortgage Commitments [Member]
Financial instruments whose notional or contract amounts represent credit risk	$ 1,232,000	1,683,000
Commercial Real Estate Mortgage Commitments [Member]
Financial instruments whose notional or contract amounts represent credit risk		1,000,000
Standby Letters of Credit 1 [Member]
Financial instruments whose notional or contract amounts represent credit risk	$ 55,000	55,000
Financial instruments whose notional or contract amounts represent credit risk	$ 7,468,635	$ 8,840,500

Note 22 - Related Party Tran108

Note 22 - Related Party Transactions (Details Textual) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Related Party Transaction, Amounts of Transaction	$ 186,985	$ 183,345

Note 23 - Regulatory Capital -

Note 23 - Regulatory Capital - The Bank's Actual and Required Capital Amounts and Ratios (Details) - USD ($)	Mar. 31, 2016	Mar. 31, 2015
Total Capital (to Risk-Weighted Assets)	$ 11,859,000	$ 11,839,000
Capital to Risk Weighted Assets	17.26%	16.97%
Total Capital (to Risk-Weighted Assets)	$ 5,498,000	$ 5,615,000
Capital Required for Capital Adequacy to Risk Weighted Assets	8.00%	8.00%
Total Capital (to Risk-Weighted Assets)	$ 6,873,000	$ 7,019,000
Total Capital (to Risk-Weighted Assets)	10.00%	10.00%
Tier 1 Capital (to Risk-Weighted Assets)	$ 10,988,000	$ 10,958,000
Tier One Risk Based Capital to Risk Weighted Assets	15.99%	15.61%
Tier 1 Capital (to Risk-Weighted Assets)	$ 4,123,500	$ 4,211,520
Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	6.00%	6.00%
Tier 1 Capital (to Risk-Weighted Assets)	$ 5,498,000	$ 5,615,000
Tier 1 Capital (to Risk-Weighted Assets)	8.00%	8.00%
Tier 1 Common (to Risk-Weighted Assets)	$ 10,988,000	$ 10,958,000
Tier 1 Common (to Risk-Weighted Assets)	15.99%	15.61%
Tier 1 Common (to Risk-Weighted Assets)	$ 3,092,625	$ 3,158,640
Tier 1 Common (to Risk-Weighted Assets)	4.50%	4.50%
Tier 1 Common (to Risk-Weighted Assets)	$ 4,467,125	$ 4,562,000
Tier 1 Common (to Risk-Weighted Assets)	6.50%	6.50%
Tier 1 Capital (to Average Assets)	$ 10,988,000	$ 10,958,000
Tier One Leverage Capital to Average Assets	8.67%	8.66%
Tier 1 Capital (to Average Assets)	$ 5,068,000	$ 5,059,000
Tier One Leverage Capital Required for Capital Adequacy to Average Assets	4.00%	4.00%
Tier 1 Capital (to Average Assets)	$ 6,335,000	$ 6,324,000
Tier 1 Capital (to Average Assets)	5.00%	5.00%

Note 24 - Regulatory Matters (D

Note 24 - Regulatory Matters (Details Textual)	Mar. 31, 2016	Dec. 31, 2015	Mar. 31, 2015
In Accordance With the Written Agreement With the Office of the Comptroller of the Currency [Member]
Tier One Leverage Capital Required for Capital Adequacy to Average Assets		8.00%
Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets		12.00%
Capital Required for Capital Adequacy to Risk Weighted Assets		13.00%
Tier One Leverage Capital Required for Capital Adequacy to Average Assets	4.00%		4.00%
Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	6.00%		6.00%
Capital Required for Capital Adequacy to Risk Weighted Assets	8.00%		8.00%
Tier One Leverage Capital to Average Assets	8.67%		8.66%
Tier One Risk Based Capital to Risk Weighted Assets	15.99%		15.61%
Capital to Risk Weighted Assets	17.26%		16.97%

Note 25 - Changes in Accumul111

Note 25 - Changes in Accumulated Other Comprehensive Income (Loss) Balances - Changes in Accumulated Other Comprehensive Income (Loss) (Details) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]
Balance as of April 1, 2015	$ (16,142)
Other comprehensive income before reclassification	33,131
Total other comprehensive income	33,131
Balance as of March 31, 2016	16,989	$ (16,142)
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Balance as of April 1, 2015	(176,714)
Other comprehensive income before reclassification	40,063
Total other comprehensive income	40,063
Balance as of March 31, 2016	(136,651)	(176,714)
Balance as of April 1, 2015	(192,856)
Other comprehensive income before reclassification	73,194
Total other comprehensive income	73,194	(1,445)
Balance as of March 31, 2016	$ (119,662)	$ (192,856)

Note 26 - Financial Informat112

Note 26 - Financial Information of Parent Company - Statement of Financial Condition (Parent Company Only) (Details) - USD ($)	Mar. 31, 2016	Mar. 31, 2015	Mar. 31, 2014
Parent Company [Member]
Assets
Cash and cash equivalents	$ 480,129	$ 460,783	$ 716,188
Investment in Bank	9,536,490	9,592,799
Deferred income taxes	32,219	18,130
Total non-performing assets	10,048,838	10,071,712
Stockholders’ Equity
Total stockholders’ equity	10,048,838	10,071,712
Total liabilities and stockholders’ equity	10,048,838	10,071,712
Cash and cash equivalents	12,127,388	10,450,448	3,332,639
Deferred income taxes	2,066,535	2,060,233
Total non-performing assets	129,415,025	128,572,750
Total stockholders’ equity	13,295,712	13,172,291	$ 13,752,003
Total liabilities and stockholders’ equity	$ 129,415,025	$ 128,572,750

Note 26 - Financial Informat113

Note 26 - Financial Information of Parent Company - Income Statement (Parent Company Only) (Details) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Parent Company [Member]
Interest on ESOP loan	$ 20,556	$ 21,938
Other interest income	456	706
Total income	21,012	22,644
Management fee	45,000	45,000
Compensation expense	35,220	30,216
Total expense	80,220	75,216
(Loss) before income tax benefit and equity in undistributed net loss of subsidiary	(59,208)	(52,572)
Equity in undistributed net income (loss) of subsidiary	27,549	(591,847)
Total income tax (benefit)	13,589	11,587
Net (Loss)	(18,070)	(632,832)
Interest on ESOP loan	3,600,437	3,645,438
Compensation expense	1,659,019	1,628,823
Total expense	4,006,339	4,522,920
(Loss) before income tax benefit and equity in undistributed net loss of subsidiary	(70,668)	(958,052)
Total income tax (benefit)	(52,598)	(325,220)
Net (Loss)	$ (18,070)	$ (632,832)

Note 26 - Financial Informat114

Note 26 - Financial Information of Parent Company - Cash Flow Statement (Parent Company Only) (Details) - USD ($)	12 Months Ended
	Mar. 31, 2016	Mar. 31, 2015
Parent Company [Member]
Adjustments to reconcile net loss to net cash used in operating activities:
Share based compensation expense	$ 35,220	$ 30,216
Operating activities:
Net (Loss)	(18,070)	(632,832)
Undistributed net (income) loss of subsidiary	(27,549)	591,847
Increase in deferred income taxes	(14,089)	(12,087)
Net cash (used in) operating activities	$ (24,488)	(22,856)
Investing activities:
Distribution to subsidiary		(275,000)
Net cash (used in) investing activities		(275,000)
Financing activities:
Proceeds from ESOP loan	$ 43,834	42,451
Net cash provided by financing activities	43,834	42,451
Net increase (decrease) in cash and cash equivalents	19,346	(255,405)
Cash and Cash Equivalents, Beginning of Year	460,783	716,188
Cash and Cash Equivalents, End of Year	480,129	460,783
Share based compensation expense	35,220	30,216
Net (Loss)	(18,070)	(632,832)
Net cash (used in) operating activities	404,033	487,065
Net cash (used in) investing activities	493,701	5,065,783
Net cash provided by financing activities	779,206	1,564,961
Net increase (decrease) in cash and cash equivalents	1,676,940	7,117,809
Cash and Cash Equivalents, Beginning of Year	10,450,448	3,332,639
Cash and Cash Equivalents, End of Year	$ 12,127,388	$ 10,450,448