Delanco Bancorp 10-K 29 Jun 17 2017 FY Annual report Financial data

Document And Entity Information

Document And Entity Information - USD ($) $ in Millions	12 Months Ended
	Mar. 31, 2017	Jun. 02, 2017	Sep. 30, 2016
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			$ 10.6
Document Type	10-K
Document Period End Date	Mar. 31, 2017
Document Fiscal Year Focus	2,017
Document Fiscal Period Focus	FY
Amendment Flag	false

Consolidated Statements of Fina

Consolidated Statements of Financial Condition - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Assets
Cash and amount due from depository institutions	$ 511,355	$ 585,364
Interest-bearing deposits with depository institutions	6,487,188	11,542,024
Total cash and cash equivalents	6,998,543	12,127,388
Investment Securities
Investment securities available-for-sale (amortized cost of $2,588,817 and $2,121,777 at March 31, 2017 and 2016, respectively)	2,594,888	2,150,093
Investment and mortgage backed securities held-to-maturity (fair value of $21,797,695 and $21,706,150 at March 31, 2017 and 2016, respectively)	22,622,835	21,584,538
Total investment securities	25,217,723	23,734,631
Loans, net of allowance for loan losses of $1,001,449 and $1,099,232 at March 31, 2017 and 2016, respectively	84,414,361	82,197,809
Accrued interest receivable	378,243	369,138
Real estate owned	1,271,302	1,763,628
Federal Home Loan Bank stock, at cost	124,300	253,800
Premises and equipment, net	6,047,703	6,290,047
Deferred income taxes, net	1,981,950	2,066,535
Bank-owned life insurance	178,514	174,252
Other assets	374,714	437,797
Total Assets	126,987,353	129,415,025
Liabilities
Non-interest bearing	11,703,567	12,054,146
Interest-bearing	100,377,179	99,810,501
Total deposits	112,080,746	111,864,647
Advances from Federal Home Loan Bank		3,000,000
Accrued interest payable	6,273	5,830
Advance payments by borrowers for taxes and insurance	500,485	433,034
Other liabilities	908,005	815,802
Total liabilities	113,495,509	116,119,313
Commitments and Contingencies (Note 21)
Stockholders’ Equity
Preferred stock, $.01 par value, 5,000,000 shares authorized at March 31, 2017 and 2016: None issued	0	0
Common stock, $.01 par value, 20,000,000 shares authorized: 945,425 shares issued and outstanding at March 31, 2017 and 2016	9,454	9,454
Additional paid-in capital	10,029,506	9,988,509
Retained earnings, substantially restricted	4,036,465	3,918,476
Unearned common stock held by employee stock ownership plan	(455,514)	(501,065)
Accumulated other comprehensive (loss)	(128,067)	(119,662)
Total stockholders’ equity	13,491,844	13,295,712
Total Liabilities and Stockholders’ Equity	$ 126,987,353	$ 129,415,025

Consolidated Statements of Fin3

Consolidated Statements of Financial Condition (Parentheticals) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Investment securities available-for-sale, amortized cost	$ 2,588,817	$ 2,121,777
Investment and mortgage backed securities held-to-maturity, fair value	21,797,695	21,706,150
Loans, allowance for loan losses	$ 1,001,449	$ 1,099,232
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	20,000,000	20,000,000
Common stock, shares issued (in shares)	945,425	945,425
Common stock, shares outstanding (in shares)	945,425	945,425

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Interest Income
Loans, including fees	$ 3,519,928	$ 3,600,437
Investment securities	585,849	660,372
Interest-bearing deposits	38,154	9,314
Total interest income	4,143,931	4,270,123
Interest Expense
Interest-bearing checking accounts	43,053	39,947
Passbook and money market accounts	119,723	107,676
Certificates of deposits	357,295	396,524
Advances from Federal Home Loan Bank	5,148	25,606
Total interest expense	525,219	569,753
Net interest income	3,618,712	3,700,370
(Recapture) of loan losses	(22,000)	(70,700)
Net interest income after (recapture) of loan losses	3,640,712	3,771,070
Non-Interest Income
Service charges	123,438	124,697
Increase in cash surrender value of bank-owned life insurance	4,262	5,000
Rental income	10,932	19,488
Other	15,641	15,416
Total non-interest income	154,273	164,601
Non-Interest Expense
Salaries and employee benefits	1,611,324	1,659,019
Advertising	19,186	23,988
Office supplies, telephone and postage	104,369	110,250
Loan expense	51,588	74,112
Occupancy expense	587,095	622,254
Federal insurance premiums	109,599	170,570
Real estate owned – impairment losses	62,100	246,879
Data processing expenses	248,185	237,737
ATM expenses	40,432	34,975
Bank charges and fees	86,683	85,603
Insurance and surety bond premium	86,007	87,582
Dues and subscriptions	41,695	45,655
Professional fees	271,019	285,465
Real estate owned expenses, net	97,086	176,740
Net loss on sale of real estate owned	33,578	3,519
Other	133,909	141,991
Total non-interest expense	3,583,855	4,006,339
Income (Loss) Before Income Tax Benefit	211,130	(70,668)
Income tax (benefit)	93,141	(52,598)
Net Income (Loss)	$ 117,989	$ (18,070)
(Loss) per share
Basic (in dollars per share)	$ 0.13	$ (0.02)
Diluted (in dollars per share)	$ 0.13	$ (0.02)
Average shares outstanding
Basic (in shares)	910,238	906,719
Diluted (in shares)	915,550	906,719

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Net income (loss)	$ 117,989	$ (18,070)
Other comprehensive income (loss), net of tax:
Postretirement benefit plan adjustment, net of deferred taxes of $3,294 and $26,708 in 2017 and 2016, respectively	4,942	40,063
Unrealized holding gains, net of deferred tax (benefits) of ($8,898) and $22,088 in 2017 and 2016, respectively	(13,347)	33,131
Other comprehensive income (loss)	(8,405)	73,194
Total Comprehensive Income	$ 109,584	$ 55,124

Consolidated Statements of Com6

Consolidated Statements of Comprehensive Income (Loss) (Parentheticals) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Postretirement benefit plan adjustment, deferred tax	$ 3,294	$ 26,708
Unrealized holding gains, deferred tax (benefits)	$ (8,898)	$ 22,088

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, 2015	945,425
BALANCES at Mar. 31, 2015	$ 9,454	$ 9,965,764	$ 3,936,546	$ (546,617)	$ (192,856)	$ 13,172,291
Net income (loss)			(18,070)			(18,070)
BALANCES at Mar. 31, 2016	$ 9,454	9,988,509	3,918,476	(501,065)	(119,662)	13,295,712
Other comprehensive income (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
Net income (loss)			117,989			117,989
BALANCES at Mar. 31, 2017	$ 9,454	10,029,506	$ 4,036,465	(455,514)	(128,067)	13,491,844
Other comprehensive income (loss), net of tax					$ (8,405)	(8,405)
3518.69 shares of common stock transferred to ESOP for services		(4,910)		$ 45,551		40,641
Stock option expense		$ 45,907				$ 45,907
BALANCES (in shares) at Mar. 31, 2017	945,425

Consolidated Statements of Cha8

Consolidated Statements of Changes in Stockholders' Equity (Parentheticals) - shares	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Unearned Employee Stock Ownership Plan [Member]
Shares of common stock transferred to ESOP for services (in shares)	3,518.69	3,518.69

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Cash Flows from Operating Activities
Net income (loss)	$ 117,989	$ (18,070)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Compensation expense of ESOP	4,910	12,475
Deferred income tax	134,156	32,275
Depreciation	254,081	264,356
Amortization of premiums and accretion of discounts on securities, net	(31,185)	(1,087)
Income from bank owned life insurance	(4,262)	(5,000)
Real estate owned – impairment losses	62,100	246,879
Loss on sale of real estate owned	33,578	3,519
(Recapture) of loan losses	(22,000)	(70,700)
Share based compensation expense	45,907	35,220
(Increase) decrease in:
Accrued interest receivable	(9,105)	67,702
Other assets	63,083	(103,184)
Increase (decrease) in:
Accrued interest payable	443	67
Other liabilities	92,203	(60,419)
Net cash provided by operating activities	741,898	404,033
Cash Flows from Investing Activities
Purchases of securities available-for-sale	(1,000,000)	(1,500,000)
Principal repayments of securities available-for-sale	32,960	32,641
Proceeds from maturities of securities available-for-sale	500,000	500,000
Purchases of securities held-to-maturity	(24,101,250)	(12,473,250)
Proceeds from maturities and principal repayments of securities held-to-maturity	23,094,138	15,507,137
Proceeds from redemption of Federal Home Loan Bank stock	129,500	52,500
Principal collected on loans	10,374,242	11,825,655
Loans originated	(13,068,554)	(14,138,862)
Real estate owned improvements	(25,875)
Proceeds from sale of real estate owned	922,283	751,952
Purchases of premises and equipment	(11,737)	(64,072)
Net cash provided by (used in) investing activities	(3,154,293)	493,701
Cash Flows from Financing Activities
Net increase in deposits	216,099	1,666,528
Net increase in advance payments by borrowers for taxes and insurance	67,451	112,678
Advances from Federal Home Loan Bank		1,000,000
Payments on advances from Federal Home Loan Bank	(3,000,000)	(2,000,000)
Net cash provided by (used in) financing activities	(2,716,450)	779,206
Net Increase (Decrease) in Cash and Cash Equivalents	(5,128,845)	1,676,940
Cash and Cash Equivalents, Beginning of Year	12,127,388	10,450,448
Cash and Cash Equivalents, End of Year	6,998,543	12,127,388
Supplemental Disclosures of Cash Flow Information
Cash paid during the year for interest	524,776	569,686
Cash paid during the year for income taxes	2,500	2,500
Supplemental Disclosure of Noncash Items
Loans transferred to real estate owned	$ 499,760	$ 332,495

Note 1 - Nature of Operations

Note 1 - Nature of Operations	12 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Nature of Operations [Text Block]	1. NATURE OF OPERATIONS 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, 2017, June 29, 2017,

Note 2 - Summary of Significant

Note 2 - Summary of Significant Accounting Policies	12 Months Ended
	Mar. 31, 2017
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 Consolidated Financial Statements The preparation of consolidated financial statements 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 consolidated 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 may may Investment and Mortgage-Backed Securities Securities Held-to-Maturity first Securities Available-for-Sale not 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 2 3 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 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 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 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 may 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 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 $1,271,302 $1,763,628 March 31, 2017 2016, $33,578 $3,519 March 31, 2017 2016, 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, 2017 2016, 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 not may, Segment Information Delanco Bancorp, Inc. has one one Presentation of Cash Flows For purposes of reporting cash flows, cash and cash equivalents includes cash on hand, amounts due from banks (including cash items in process of clearing) and interest-bearing deposits in banks with an original maturity of 90 Advertising Costs Advertising costs are expensed as incurred. Advertising expenses totaled $19,186 $23,988 March 31, 2017 2016, 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 $640,810 2008. October 2013, 64,081 36,596 23,644 October 2013 $189,152. March 31, 2017, 25,053 March 31, 2017 2016, $45,907 $35,220, March 31, 2017, 60,240 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 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, 2017
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 In March 2017, 2017 08: 310 20 December 15, 2018. not not Also in March 2017, 2017 07: 715 715, may December 15, 2017, not 2017. not In January 2017, 2017 03: 250 323 September 22, 2016 November 17, 2016 not Also in January 2017, 2017 01: 805 December 15, 2017, not In December 2016, 2016 20; 606, No. 2014 09 not not Also in December 2016, 2016 19: not not In November 2016, 2016 18: 230 230. 230. not In August 2016, 2016 15: 230 c a sh 230, eight zero not 230. December 15, 2017, not In June 2016, 2016 13: 326 326 326 326 not not December 15, 2019. In May 2016, 2016 12: 606 No, 2014 09, 606 not not In April 2016, 2016 10: 606 two 606: not 606. as 606. not In March 2016, 2016 09: 718 718 No, 123 2004 December 15, 2016, not Also in March 2016, 2016 08: 606 606 606. not Also in March 2016, 2016 07: 323 323 December 15, 2016. not Also in March 2016, 2016 05: 815 one 815, not, December 15, 2016, not Also in March 2016, 2016 04: 405 20 third 405 20 606. 405 20 606, December 15, 2017, not

Note 4 - Restrictions on Cash a

Note 4 - Restrictions on Cash and Due From Banks	12 Months Ended
	Mar. 31, 2017
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, 2017 2016.

Note 5 - Investment Securities

Note 5 - Investment Securities	12 Months Ended
	Mar. 31, 2017
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, 2017 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value U.S. Government Agency Bonds $ 500,000 $ 32 $ $ 500,032 Certificates of Deposit 2,000,000 8,015 (387 ) 2,007,628 Mutual Fund Shares 88,817 (1,589 ) 87,228 Total $ 2,588,817 $ 8,047 $ (1,976 ) $ 2,594,888 Available-for-Sale March 31, 2016 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value U.S. Government Agency Bonds $ 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 Held-to-Maturity March 31, 2017 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value U.S. Government Agency Bonds $ 20,417,712 $ $ (865,212 ) $ 19,552,500 Municipal Bond 1,536,250 (2,748 ) 1,533,502 Mortgage-Backed Securities 668,873 58,219 (15,399 ) 711,693 Total $ 22,622,835 $ 58,219 $ (883,359 ) $ 21,797,695 Held-to-Maturity March 31, 2016 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value U.S. Government Agency Bonds $ 20,293,734 $ 91,930 $ (12,495 ) $ 20,373,169 Municipal Bonds 736,250 (1,513 ) 734,737 Mortgage-Backed Securities 554,554 48,247 (4,557 ) 598,244 Total $ 21,584,538 $ 140,177 $ (18,565 ) $ 21,706,150 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, 2017 2016. March 31, 2017 Available-for-sale Held-to-maturity Amortized Fair Amortized Fair Cost Value Cost Value Amounts maturing in: One year or less $ $ $ 1,536,250 $ 1,533,502 After one year through five years 500,000 496,646 After five years through ten years 2,000,000 2,007,628 8,572,495 8,292,256 After ten years 500,000 500,032 12,014,090 11,475,291 Mutual fund shares 88,817 87,228 $ 2,588,817 $ 2,594,888 $ 22,622,835 $ 21,797,695 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 500,000 506,285 8,379,581 8,384,588 After ten years 500,000 497,247 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 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 Information pertaining to securities with gross unrealized losses at March 31, 2017 2016, 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, 2017 Value Losses Value Losses Value Losses U.S. Government Agency Bonds $ 19,552,501 $ (865,212 ) $ $ $ 19,552,501 $ (865,212 ) Certificates of deposit 249,613 (387 ) 249,613 (387 ) Municipal Bonds 1,536,250 (2,748 ) 1,536,250 (2,748 ) Mutual fund shares 87,228 (1,589 ) 87,228 (1,589 ) Mortgage-Backed Securities 216,018 (15,399 ) 216,018 (15,399 ) Total $ 21,338,364 $ (868,347 ) $ 303,246 $ (16,988 ) $ 21,641,610 $ (885,335 ) March 31, 2016 U.S. Government Agency Bonds $ $ $ 1,492,480 $ (7,520 ) $ 1,492,480 $ (7,520 ) Municipal Bonds 734,737 (1,513 ) 734,737 (1,513 ) Mutual Fund Shares 64,031 (1,889 ) 64,031 (1,889 ) Mortgage-Backed Securities 279,285 (12,285 ) 279,285 (12,285 ) Total $ 734,737 $ (1,513 ) $ 1,835,796 $ (21,694 ) $ 2,570,533 $ (23,207 ) 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 not not forty-eight $22,526,945 March 31, 2017. The Company has pledged investment securities with a carrying amount of approximately $3,510,000 $2,515,000 March 31, 2017 2016,

Note 6 - Loans

Note 6 - Loans	12 Months Ended
	Mar. 31, 2017
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 four one four 80% 30 may Multi-family and commercial real estate loans are generally originated in amounts up to the lower of 80% 5 7 25 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 second first second 80% 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 Loans at March 31, 2017 2016 March 31, 2017 2016 Residential (one to four family) real estate $ 61,419,004 $ 62,250,645 Multi-family and commercial real estate 12,071,060 9,569,328 Commercial 1,858,107 2,290,405 Home equity 8,811,757 8,527,420 Consumer 636,658 682,193 Construction 680,556 54,268 Total loans 85,477,142 83,374,259 Net deferred loan origination fees (61,332 ) (77,218 ) Allowance for loan losses (1,001,449 ) (1,099,232 ) Net deferred loan fees and allowance (1,062,781 ) (1,176,450 ) Loans, net $ 84,414,361 $ 82,197,809 The Bank is subject to a loans-to- one 15% March 31, 2017, one $1.9 10% $1.2 may March 31, 2017 2016, no one one 15% 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 not 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 Assets classified as “loss” are those considered uncollectible or of little value, even though a collection effort may Non-Performing Loans Non-performing loans consist of non-accrual loans (loans on which the accrual of interest has ceased), loans over ninety 90 The following table represents loans by credit quality indicator at March 31, 2017: Special Non- Mention Classified Performing Pass Loans Loans Loans Total Residential real estate $ 58,806,400 $ $ $ 2,612,604 $ 61,419,004 Multi-family and commercial real estate 10,727,543 172,050 1,171,467 12,071,060 Commercial 1,652,256 34,377 171,474 1,858,107 Home equity 8,533,000 278,757 8,811,757 Consumer 636,658 636,658 Construction 628,052 52,504 680,556 $ 80,983,909 $ $ 206,427 $ 4,286,806 $ 85,477,142 The following table represents past-due loans as of March 31, 2017: 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 $ 483,057 $ 149,317 $ 1,545,714 $ 2,178,088 $ 59,240,916 $ 61,419,004 Multi-family and commercial real estate 172,050 425,200 880,342 1,477,592 10,593,468 12,071,060 Commercial 175,116 171,474 346,590 1,511,517 1,858,107 Home equity 183,930 183,930 8,627,827 8,811,757 Consumer 14,477 14,477 622,181 636,658 Construction 680,556 680,556 Total Loans $ 844,700 $ 574,517 $ 2,781,460 $ 4,200,677 $ 81,276,465 $ 85,477,142 Percentage of Total Loans 0.99 % 0.67 % 3.25 % 4.91 % 95.09 % 100.0 % 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 % .64 % 3.29 % 5.09 % 94.91 % 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 not not ● 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 ● Approval by senior management. The Bank had twelve $2,376,205 eleven $2,351,531 March 31, 2017 2016, one March 31, 2017, three $655,110, one $52,504, eight $1,668,591. six $1,084,799 March 31, 2017 March 31, 2016, three $676,293, one $54,268, seven $1,620,970. one $172,933 March 31, 2016 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, 2017, seventeen $3,206,661 eighteen $2,761,939 March 31, 2016. March 31, 2017, no December 31, 2011 no March 31, 2017 2016, no $5,144,281 2017 $4,965,658 2016, March 31, 2017 172,524 $200,787 March 31, 2016. The following table represents data on impaired loans at March 31, 2017 2016: March 31, 2017 2016 Impaired loans for which a valuation allowance has been provided $ $ Impaired loans for which no valuation allowance has been provided 4,882,799 4,965,658 Total loans determined to be impaired $ 4,882,799 $ 4,965,658 Allowance for loans losses related to impaired loans $ $ Average recorded investment in impaired loans $ 5,224,742 $ 5,054,436 Cash basis interest income recognized on impaired loans $ 172,524 $ 200,787 The following table presents impaired loans with no March 31, 2017: 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 $ 2,288,798 $ 2,238,610 $ $ 2,710,870 $ 59,661 Multi-family and commercial real estate 2,162,188 2,141,444 2,059,650 93,446 Commercial 171,474 171,474 152,492 9,218 Home equity 283,156 278,767 242,465 7,488 Consumer 1,262 Construction 57,157 52,504 58,003 2,711 Subtotal $ 4,962,773 $ 4,882,799 $ $ 5,224,742 $ 172,524 Total Impaired Loans by Portfolio Class at March 31, 2017 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 $ 2,288,798 $ 2,238,610 $ $ 2,710,870 $ 59,661 Multi-family and commercial real estate 2,162,188 2,141,444 2,059,650 93,446 Commercial 171,474 171,474 152,492 9,218 Home equity 283,156 278,767 242,465 7,488 Consumer 1,262 Construction 57,157 52,504 58,003 2,711 Total $ 4,962,773 $ 4,882,799 $ $ 5,224,742 $ 172,524 The following table presents impaired loans with no 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 non-performing assets as of March 31, 2017 2016. March 31, 2017 2016 Non-accrual loans: Residential real estate $ 1,179,630 $ 1,333,383 Multi-family and commercial real estate 506,357 552,545 Commercial 171,474 21,318 Home equity 53,140 110,921 Consumer Construction Total non-accrual loans 1,910,601 2,018,167 March 31, 2017 2016 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 $ 740,079 $ 744,222 Multi-family and commercial real estate 425,200 Commercial Home equity 130,780 Consumer Construction Total troubled debt restructurings in non- accrual status 1,296,059 744,222 Performing under modified terms: Residential real estate $ 692,895 $ 787,462 Multi-family and commercial real estate 239,910 765,579 Commercial Home equity 94,837 Consumer Construction 52,504 54,268 Total troubled debt restructurings performing under modified terms 1,080,146 1,607,309 Total troubled debt restructurings 2,376,205 2,351,531 Total non-performing loans 4,286,806 4,369,698 Real estate owned 1,271,302 1,763,628 Total non-performing assets $ 5,558,108 $ 6,133,326 Non-performing loans as a percentage of loans 5.02 % 5.24 % Non-performing assets as a percentage of loans and real estate owned 6.41 % 7.20 % Non-performing assets as a percentage of total assets 4.38 % 4.74 % The following table presents troubled debt restructurings that occurred during the years ended March 31, 2017 2016 12 2017 2016 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 $ 76,513 $ 96,000 1 $ 163,767 $ 172,933 Number of Number of Contracts Recorded Investment Contracts Recorded 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, 2017 2016. March 31, 2017 2016 Balance, beginning of year $ 1,763,628 $ 2,433,483 Additions from loan foreclosures 499,760 332,495 Additions from capitalized costs 25,875 Dispositions of REO (922,283 ) (751,952 ) (Loss) on sale of REO (33,578 ) (3,519 ) Valuation adjustments during the year (62,100 ) (246,879 ) Balance, end of year $ 1,271,302 $ 1,763,628 The following table presents the changes in fair value adjustments to REO for the years ended March 31, 2017 2016. March 31, 2017 2016 Balance, beginning of year $ 227,231 $ 850,865 Valuation adjustments added during the year 62,100 246,879 Valuation adjustments on disposed properties during the year (185,060 ) (870,513 ) Balance, end of year $ 104,271 $ 227,231 The following table sets forth with respect to the Bank’s allowance for losses on loans: March 31, 2017 2016 Balance at beginning of year $ 1,099,232 $ 1,185,178 Provision: Residential real estate 97,647 (132,262 ) Multi-family and commercial real estate (60,913 ) 9,520 Commercial (44,969 ) (11,855 ) Home equity loans 29,136 10,741 Consumer (45,413 ) 53,156 Construction 2,512 -0- Total Provision (Recapture) $ (22,000 ) $ (70,700 ) Charge-Offs: Residential real estate 101,912 39,730 Multi-family and commercial real estate 70,705 16,871 Commercial Home equity 41,769 10,860 Consumer 71,388 Recoveries (138,603 ) (123,603 ) Total Net Charge-Offs 75,783 15,246 Balance at end of year $ 1,001,449 $ 1,099,232 Year-end loans outstanding $ 85,477,142 $ 83,374,259 Average loans outstanding $ 84,425,701 $ 83,665,599 Allowance as a percentage of year-end loans 1.17 % 1.32 % Net charge-offs as a percentage of average loans 0.09 % 0.02 % Additional details for changes in the allowance for loan by loan portfolio as of March 31, 2017 Multi-Family and Residential Commercial Home Real Estate Real Estate Commercial Equity Consumer Construction Total Allowance for loan losses: - - - - - - Beginning balance $ 568,334 $ 339,022 $ 79,988 $ 86,728 $ 25,160 $ -0- $ 1,099,232 Loan charge-offs (101,912 ) (70,705 ) (41,769 ) (214,386 ) Recoveries 11,100 66,703 29,020 31,780 138,603 Provision for loan losses 97,647 (60,913 ) (44,969 ) 29,136 (45,413 ) 2,512 (22,000 ) Ending balance $ 575,169 $ 274,107 $ 64,039 $ 74,095 $ 11,527 $ 2,512 $ 1,001,449 Ending balance: individually evaluated for impairment $ $ $ $ $ $ $ Ending balance: collectively evaluated for impairment $ 575,169 $ 274,107 $ 64,039 $ 74,095 $ 11,527 $ 2,512 $ 1,001,449 Loans: Ending balance $ 61,419,004 $ 12,071,060 $ 1,858,107 $ 8,811,757 $ 636,658 $ 680,556 $ 85,477,142 Ending balance: individually evaluated for impairment $ 2,378,920 $ 1,662,860 $ 186,599 $ 512,441 $ $ 52,504 $ 4,793,324 Ending balance: collectively evaluated for impairment $ 59,040,084 $ 10,408,200 $ 1,671,508 $ 8,299,316 $ 636,658 $ 628,052 $ 80,683,818 Additional details for changes in the allowance for loan by loan portfolio as of March 31, 2016 Multi-Family and Residential Commercial Home Real Estate Real Estate Commercial 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 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 March 31, 2017, 1.17% $575,218 March 31, 2016 4.38% March 31, 2017 4.74% March 31, 2016. The Bank’s charge-off policy states that any asset classified loss shall be charged-off within thirty may For the year ending March 31, 2017, one one $39,866 three $174,521 one one $71,388 three $67,461 March 31, 2016. 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 1% not March 31, 2017 2016 Balance, beginning of year $ 1,688,726 $ 786,325 Payments (56,675 ) (56,887 ) Borrower no longer associated with Bank (40,712 ) Borrowings 150,000 1,000,000 Balance, end of year $ 1,782,051 $ 1,688,726

Note 7 - Loan Servicing

Note 7 - Loan Servicing	12 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Transfers and Servicing of Financial Assets [Text Block]	7. Mortgage loans serviced for others are not March 31, 2017 2016 March 31, 2017 2016 Mortgage Loan Servicing Portfolio: Mortgage Partnership Finance FHLB New York $ 120,963 $ 125,666

Note 8 - Accrued Interest Recei

Note 8 - Accrued Interest Receivable	12 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Other Assets Disclosure [Text Block]	8. Accrued interest receivable at March 31, 2017 2016 March 31, 2017 2016 Loans $ 226,189 $ 249,245 Investment securities 145,245 116,358 Mortgage backed securities 6,809 3,535 $ 378,243 $ 369,138

Note 9 - Premises and Equipment

Note 9 - Premises and Equipment	12 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Property, Plant and Equipment Disclosure [Text Block]	9. Premises and equipment at March 31, 2017 2016 March 31, 2017 2016 Land $ 1,451,203 $ 1,451,203 Buildings 6,872,774 6,864,728 Furniture, fixtures and equipment 2,058,456 2,054,765 10,382,433 10,370,696 Accumulated depreciation (4,334,730 ) (4,080,649 ) Premises and equipment, net $ 6,047,703 $ 6,290,047 Depreciation expense amounted to $254,081 $264,356 March 31, 2017 2016,

Note 10 - Federal Home Loan Ban

Note 10 - Federal Home Loan Bank Stock	12 Months Ended
	Mar. 31, 2017
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 1% 1/20 December 31

Note 11 - Deposits

Note 11 - Deposits	12 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Deposit Liabilities Disclosures [Text Block]	11. Deposit account balances at March 31, 2017 2016 March 31, 2017 Weighted Average Percent of Amount Interest Rate Portfolio Non interest bearing accounts $ 11,703,567 % 10.44 Interest bearing checking accounts 22,256,234 0.17 19.86 Passbook savings accounts 18,584,956 0.10 16.58 Money Market accounts 21,231,184 0.49 18.95 Club accounts 148,288 0.10 0.13 73,924,229 65.96 Certificates of Deposits: 0.10% to 0.99% 20,542,894 0.60 18.33 1.00% to 1.99% 17,303,681 1.25 15.44 2.00% to 2.99% 309,942 2.13 0.27 38,156,517 34.04 $ 112,080,746 100.00 % 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 % Certificates of deposit and other time deposits issued in denominations that meets or exceeds the FDIC insurance limit of $250,000 $2,935,732 $2,485,471 March 31, 2017 2016, Scheduled maturities of certificates of deposits at March 31, 2017 2016 March 31, 2017 2016 2017 $ $ 23,090,517 2018 21,544,213 8,181,234 2019 8,577,082 3,374,490 2020 3,364,211 2,358,507 2021 2,011,316 2,096,365 2022 2,659,695 Total certificates of deposit $ 38,156,517 $ 39,101,113 The Company held deposits from officers and directors of approximately $690,000 $755,000 March 31, 2017 2016,

Note 12 - Line of Credit From A

Note 12 - Line of Credit From Atlantic Community Bankers Bank	12 Months Ended
	Mar. 31, 2017
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. The Company’s line of credit limit is $1,000,000. March 31, 2017 2016, 0

Note 13 - Advances From Federal

Note 13 - Advances From Federal Home Loan Bank	12 Months Ended
	Mar. 31, 2017
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, 2017 2016 Maturity Interest Date Rate 2017 2016 April 18, 2017 0.74 % $ $ 2,000,000 October 17, 2017 0.81 % 1,000,000 $ -0- $ 3,000,000 Specific repos and other securities, with balances approximating $11,600,000 $16,800,000 March 31, 2017 2016, March 31, 2017, $10,353,783

Note 14 - Income Taxes

Note 14 - Income Taxes	12 Months Ended
	Mar. 31, 2017
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 provision (credit) for income taxes for the years ended March 31, 2017 2016 Years Ended March 31, 2017 2016 Income Tax Expense (benefit) Current federal tax expense Federal $ $ - State 3,000 3,000 Deferred tax (benefit) Federal 69,238 (85,569 ) State 20,903 29,971 Total $ 93,141 $ (52,598 ) The consolidated provision for income taxes for the years ended March 31, 2017 2016 Years Ended March 31, 2017 2016 Expected federal tax provision (benefit) at 34% rate $ 71,784 $ (24,027 ) Municipal bond interest (1,404 ) (469 ) Increase in cash surrender value of life insurance (1,564 ) (1,700 ) State income tax 24,325 (26,402 ) Total income tax (benefit) $ 93,141 $ (52,598 ) Effective tax rate (benefit) 44.1 % (74.4% ) A summary of deferred tax assets and liabilities as of March 31, 2017 2016 March 31, 2017 2016 Deferred tax assets: Accrued pension costs $ 23,900 $ 9,500 Allowance for loan losses 350,300 438,935 Directors’ benefit plans 138,500 131,500 Employee stock option 50,600 32,200 FASB 158 – unrecognized transition costs 87,800 91,100 Federal tax loss carryforward 1,016,400 1,050,900 State tax loss carryforward 360,200 372,800 Non accrual interest 28,000 15,000 Total deferred tax assets $ 2,055,700 $ 2,141,935 Valuation allowance (24,800 ) - March 31, 2017 2016 Deferred tax liabilities: Accumulated depreciation $ (46,500 ) $ (64,000 ) Unrealized gains on securities available-for-sale (2,450 ) (11,400 ) Total deferred tax liabilities (48,950 ) (75,400 ) NET DEFERRED TAX ASSETS $ 1,981,950 $ 2,066,535 The Company accounts for uncertainties in income taxes in accordance with FASB ASC Topic 740 no 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 2017, December 31, 2014 2015 no December 31, 2015 2016 2013 2016 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 As of March 31, 2017, $3,270,000 $1,016,400, 2029 2035. As of March 31, 2017, $4,000,000 $360,200, 2029 2035.

Note 15 - Employee Benefits

Note 15 - Employee Benefits	12 Months Ended
	Mar. 31, 2017
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 twenty-one 1st January 1st July The Company may 10% 0 March 31, 2017 2016.

Note 16 - Board of Directors' R

Note 16 - Board of Directors' Retirement Plan	12 Months Ended
	Mar. 31, 2017
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. 4% 80% ten first 129 50% 100% 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 $52,748 $59,196 March 31, 2017 2016, Years Ended March 31, 2017 2016 Service cost $ 15,700 $ 18,012 Interest cost 22,896 23,276 Amortization of gain 14,152 17,908 Net amortization and deferral -0- -0- Net periodic pension cost $ 52,748 $ 59,196 The following table presents a reconciliation of the funded status of the defined benefit pension plan at March 31, 2017 2016: March 31, 2017 2016 Accumulated benefit obligation $ 537,500 $ 540,070 Projected benefit obligation 565,807 556,522 Fair value of plan assets -0- -0- Unfunded projected benefit obligation 565,807 556,522 The following table presents a reconciliation of benefit obligations and plan assets: March 31, 2017 2016 Change in Benefit Obligation Projected benefit obligation at beginning of year $ 556,522 $ 599,324 Service cost 15,700 18,012 Interest cost 22,896 23,276 Actuarial (gain) loss 5,916 (48,863 ) Benefits paid (35,227 ) (35,227 ) Benefit obligation at end of year $ 565,807 $ 556,522 March 31, 2017 2016 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 35,227 Benefits paid (35,227 ) (35,227 ) 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, 2017 2016 Discount rate for periodic pension cost 4.25 % 4.00 % Discount rate for benefit obligation 4.25 % 4.25 % 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, 2017
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 March 2007 20 8.25% October 16, 2013, .5711 1 14 3.25%. second 23,644 second October 16, 2013 14 3.25% The following table presents the components of the ESOP shares purchased. Years Ended March 31, 2017 2016 Shares released for allocation 25,053 21,534 Unearned shares 35,187 38,706 Total ESOP shares 60,240 60,240

Note 18 - Stock Based Compensat

Note 18 - Stock Based Compensation	12 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	18. On May 19, 2008, August 18, 2008, 2008 2008 80,101 32,040 2008 On October 16, 2013, 20,000 $8.00 tenth 20% The following table is a summary of the status of the shares under the 2008 March 31, 2017 March 31, 2017. Year Ended March 31, 2017 Weighted Average Number of Grant Date Shares Fair Value Restricted at the beginning of the period 20,000 $ 8.69 Granted Vested Forfeited Restricted at the end of the period 20,000 8.69

Note 19 - Earnings Per Share

Note 19 - Earnings Per Share	12 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Earnings Per Share [Text Block]	19. 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, 2017 2016. 2017 2016 Net Income (Loss) $ 117,989 $ (18,070 ) Weighted average shares outstanding 945,425 945,425 Adjusted average unearned ESOP shares (35,187 ) (38,706 ) Weighted average share outstanding - basic 910,238 906,719 Effect of dilutive common stock equivalents 5,312 - Adjusted weighted average shares outstanding - dilutive 915,550 906,719 Basic loss per share $ 0.13 $ (0.02 ) Diluted loss per share $ 0.13 $ (0.02 ) The effect of the 20,000 March 31, 2017 not

Note 20 - Fair Value Measuremen

Note 20 - Fair Value Measurements	12 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Fair Value, Measurement Inputs, Disclosure [Text Block]	20. FAIR VALUE MEASUREMENTS FASB ASC 825, first FASB ASC 820, not 1 3 three 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 1 not Level 3 Unobservable inputs that are supported by little or no 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 2 not The types of instruments valued based on quoted prices in markets that are not 2 Level 3 not 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 may may 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, 2017 2016. Significant Other Significant Carrying Observable Unobservable Value Quoted Prices Inputs Inputs (Fair Value) (Level 1) (Level 2) (Level 3) March 31, 2017 Securities available for sale: U.S. Government Agency Bonds $ 500,032 $ $ 500,032 $ Certificates of Deposit 2,007,628 2,007,628 Mutual Fund Shares 87,228 87,228 Totals $ 2,594,888 $ $ 2,594,888 $ Those assets as of March 31, 2016 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: U.S. Government Agency Bonds $ 497,247 $ $ 497,247 $ Certificates of Deposit 1,530,854 1,530,854 Mutual Fund Shares 121,992 121,992 Totals $ 2,150,093 $ $ 2,150,093 $ Certain assets are measured at fair value on a nonrecurring basis; that is, the instruments are not Impaired Loans The Company considers loans to be impaired when it becomes more likely than not 3 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 3 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, 2017 2016: Significant Other Significant Carrying Observable Unobservable Value Quoted Prices Inputs Inputs (Fair Value) (Level 1) (Level 2) (Level 3) March 31, 2017 Impaired loans $ 4,882,799 $ $ $ 4,882,799 Real estate owned 1,271,302 1,271,302 Total $ 6,154,101 $ $ $ 6,154,101 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 The following table provides information describing the valuation processes used to determine nonrecurring fair value measurement categorized within Level 3 March 31, 2017 2016: March 31, 2017 Fair Valuation Value Technique Unobservable Input Range (discount) Impaired loans $ 4,882,799 Property Management discount for 7% - 12% Real estate owned $ 1,271,302 Property Management discount for 7% - 12% March 31, 2016 Fair Valuation Value Technique Unobservable Input Range (discount) Impaired loans $ 4,965,658 Property Management discount for selling costs, property type discount and market volatility 7% - 12% Real estate owned $ 1,763,628 Property Management discount for selling costs, property type discount and market volatility 7% - 12% 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 may In accordance with the disclosure requirements of FASB ASC 825, Fair Value Measurements Significant Significant Other Unobserv- Quoted Observable able Carrying Prices Inputs Inputs March 31, 2017 Amount Fair Value (Level 1) (Level 2) (Level 3) Financial Assets: Cash and cash equivalents $ 6,998,543 $ 6,998,543 $ 6,998,543 $ $ Investment securities available for sale 2,588,817 2,594,888 2,594,888 Investment and mortgage-backed securities held to maturity 22,622,835 21,797,695 21,797,695 Loans receivable, net 84,414,361 83,833,000 83,833,000 Accrued interest receivable 378,243 378,243 378,243 Federal Home Loan Bank stock 124,300 124,300 124,300 Bank owned life insurance 178,514 178,514 178,514 Financial Liabilities: Deposits – non-interest bearing 11,703,567 11,703,567 11,703,567 Deposits – interest bearing 100,377,179 99,183,000 99,183,000 Accrued interest payable 6,273 6,273 6,273 Advances from borrowers for taxes and insurance 500,485 500,485 500,485 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 21,639,610 21,639,610 Loans receivable, net 82,197,809 84,355,000 84,355,000 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 99,800,000 99,800,000 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 The following methods and assumptions were used to estimate the fair value disclosure for financial instruments as of March 31, 2017 2016: 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 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 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 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, 2017
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	21. Financial Instruments In the normal course of business, there are outstanding commitments, contingent liabilities and other financial instruments that are not 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, 2017 2016 2017 2016 Contractual Contractual Amount Amount Financial instruments whose notional or contract amounts represent credit risk: Construction loan commitments $ 290,862 $ Unused commercial lines of credit 1,378,259 1,212,000 Unused home equity lines of credit 4,255,673 4,969,000 Personal lines of credit 494 635 1-4 family residential mortgage commitments 528,000 1,232,000 Commercial real estate mortgage commitments 112,000 Standby letters of credit 55,000 55,000 Total $ 6,620,288 $ 7,468,635 Commitments to extend credit are agreements to lend to a customer as long as there is no may not may Standby letters of credit are conditional commitments issued by the Company to guarantee the performance of a customer to a third The Company has not two not 2017 2016. 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

Note 22 - Related Party Transac

Note 22 - Related Party Transactions	12 Months Ended
	Mar. 31, 2017
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 $150,678 $186,985, March 31, 2017 2016,

Note 23 - Regulatory Capital

Note 23 - Regulatory Capital	12 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Regulatory Capital Requirements under Banking Regulations [Text Block]	23. 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 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 March 31, 2017 2016, As of March 31, 2017, The Bank’s actual and required capital amounts and ratios as of March 31, 2017 2016 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, 2017: Total Capital (to Risk-Weighted Assets) $ 12,373,000 17.60 % ≥$5,624,000 ≥8.0% ≥$7,030,000 ≥10.0% Tier 1 Capital (to Risk-Weighted Assets) $ 11,489,000 16.34 % ≥$4,218,000 ≥6.0% ≥$5,624,000 ≥ Tier 1 Common (to Risk-Weighted Assets) $ 11,489,000 16.34 % ≥$3,164,000 ≥4.5% ≥$4,570,000 ≥ 6.5% Tier 1 Capital (to Average Assets) $ 11,489,000 9.23 % ≥$4,979,000 ≥4.0% ≥$6,223,000 ≥ 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, 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 % ≥$4,124,000 ≥6.0% ≥$5,498,000 ≥ 8.0% Tier 1 Common (to Risk-Weighted Assets) $ 10,988,000 15.99 % ≥$3,092,000 ≥4.5% ≥$4,467,000 ≥ 6.5% Tier 1 Capital (to Average Assets) $ 10,988,000 8.67 % ≥$5,068,000 ≥4.0% ≥$6,335,000 ≥ 5.0%

Note 24 - Regulatory Matters

Note 24 - Regulatory Matters	12 Months Ended
	Mar. 31, 2017
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 two 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. March 17, 2010. The Agreement requires the Bank to take the following actions: ● prepare a three ● 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 ● 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 ● not ● 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 January 2, 2013, 1 8% 1 12% 13% March 31, 2017, 1 1 9.23%, 16.34% 17.60%,

Note 25 - Changes in Accumulate

Note 25 - Changes in Accumulated Other Comprehensive Income (Loss) Balances	12 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	25. 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, 2016 $ 16,989 $ (136,651 ) $ (119,662 ) Other comprehensive income before reclassification (13,347 ) 4,942 (8,405 ) Total other comprehensive income (13,347 ) 4,942 (8,405 ) Balance as of March 31, 2017 $ 3,642 $ (131,709 ) $ (128,067 )

Note 26 - Financial Information

Note 26 - Financial Information of Parent Company	12 Months Ended
	Mar. 31, 2017
Notes to Financial Statements
Condensed Financial Information of Parent Company Only Disclosure [Text Block]	26. Delanco Bancorp, Inc. (Parent Company Only) For the Years Ended March 31, 2017 2016 Statement of Financial Condition Assets: Cash and cash equivalents $ 399,459 $ 480,129 Investment in Bank 9,586,332 9,536,490 Deferred income taxes 50,582 32,219 Total assets $ 10,036,373 $ 10,048,838 Stockholders’ equity: Total stockholders’ equity 10,036,373 10,048,838 Total liabilities and stockholders’ equity $ 10,036,373 $ 10,048,838 For the Years Ended March 31, 2017 2016 Income Statement Interest on ESOP loan $ 19,142 $ 20,556 Other interest income 440 456 Total income $ 19,582 $ 21,012 Management fee 45,000 45,000 Compensation expense 45,907 35,220 Total expense 90,907 80,220 Loss before income tax benefit and equity in undistributed net loss of subsidiary (71,325 ) (59,208 ) Equity in undistributed net income of subsidiary 171,451 27,549 Income tax benefit 17,863 13,589 Net income (loss) $ 117,989 $ (18,070 ) Cash Flows Adjustments to reconcile net income (loss) to net cash used in operating activities: Share based compensation expense $ 45,907 $ 35,220 Operating activities: Net income (loss) 117,989 (18,070 ) Undistributed net income of subsidiary (171,451 ) (27,549 ) Increase in deferred income taxes (18,363 ) (14,089 ) Net cash used in operating activities (25,918 ) (24,488 ) Investing activities: Distribution to subsidiary (100,000 ) Net cash used in investing activities (100,000 ) Financing activities: Proceeds from ESOP loan 45,248 43,834 Net cash provided by financing activities 45,248 43,834 Net (80,670 ) 19,346 Cash and cash equivalents, beginning of year 480,129 460,783 Cash and cash equivalents, end of year $ 399,459 $ 480,129

Significant Accounting Policies

Significant Accounting Policies (Policies)	12 Months Ended
	Mar. 31, 2017
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 Consolidated Financial Statements The preparation of consolidated financial statements 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 consolidated 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 may may
Marketable Securities, Policy [Policy Text Block]	Investment and Mortgage-Backed Securities Securities Held-to-Maturity first Securities Available-for-Sale not 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 2 3
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
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 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.
Impaired Financing Receivable, 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 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 may
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
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 $1,271,302 $1,763,628 March 31, 2017 2016, $33,578 $3,519 March 31, 2017 2016,
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, 2017 2016,
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 not may,
Segment Reporting, Policy [Policy Text Block]	Segment Information Delanco Bancorp, Inc. has one one
Cash and Cash Equivalents, Policy [Policy Text Block]	Presentation of Cash Flows For purposes of reporting cash flows, cash and cash equivalents includes cash on hand, amounts due from banks (including cash items in process of clearing) and interest-bearing deposits in banks with an original maturity of 90
Advertising Costs, Policy [Policy Text Block]	Advertising Costs Advertising costs are expensed as incurred. Advertising expenses totaled $19,186 $23,988 March 31, 2017 2016,
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 $640,810 2008. October 2013, 64,081 36,596 23,644 October 2013 $189,152. March 31, 2017, 25,053 March 31, 2017 2016, $45,907 $35,220, March 31, 2017, 60,240
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
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, 2017
Notes Tables
Available-for-sale Securities [Table Text Block]	Available-for-Sale March 31, 2017 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value U.S. Government Agency Bonds $ 500,000 $ 32 $ $ 500,032 Certificates of Deposit 2,000,000 8,015 (387 ) 2,007,628 Mutual Fund Shares 88,817 (1,589 ) 87,228 Total $ 2,588,817 $ 8,047 $ (1,976 ) $ 2,594,888 Available-for-Sale March 31, 2016 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value U.S. Government Agency Bonds $ 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
Held-to-maturity Securities [Table Text Block]	Held-to-Maturity March 31, 2017 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value U.S. Government Agency Bonds $ 20,417,712 $ $ (865,212 ) $ 19,552,500 Municipal Bond 1,536,250 (2,748 ) 1,533,502 Mortgage-Backed Securities 668,873 58,219 (15,399 ) 711,693 Total $ 22,622,835 $ 58,219 $ (883,359 ) $ 21,797,695 Held-to-Maturity March 31, 2016 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value U.S. Government Agency Bonds $ 20,293,734 $ 91,930 $ (12,495 ) $ 20,373,169 Municipal Bonds 736,250 (1,513 ) 734,737 Mortgage-Backed Securities 554,554 48,247 (4,557 ) 598,244 Total $ 21,584,538 $ 140,177 $ (18,565 ) $ 21,706,150
Investments Classified by Contractual Maturity Date [Table Text Block]	March 31, 2017 Available-for-sale Held-to-maturity Amortized Fair Amortized Fair Cost Value Cost Value Amounts maturing in: One year or less $ $ $ 1,536,250 $ 1,533,502 After one year through five years 500,000 496,646 After five years through ten years 2,000,000 2,007,628 8,572,495 8,292,256 After ten years 500,000 500,032 12,014,090 11,475,291 Mutual fund shares 88,817 87,228 $ 2,588,817 $ 2,594,888 $ 22,622,835 $ 21,797,695 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 500,000 506,285 8,379,581 8,384,588 After ten years 500,000 497,247 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
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, 2017 Value Losses Value Losses Value Losses U.S. Government Agency Bonds $ 19,552,501 $ (865,212 ) $ $ $ 19,552,501 $ (865,212 ) Certificates of deposit 249,613 (387 ) 249,613 (387 ) Municipal Bonds 1,536,250 (2,748 ) 1,536,250 (2,748 ) Mutual fund shares 87,228 (1,589 ) 87,228 (1,589 ) Mortgage-Backed Securities 216,018 (15,399 ) 216,018 (15,399 ) Total $ 21,338,364 $ (868,347 ) $ 303,246 $ (16,988 ) $ 21,641,610 $ (885,335 ) March 31, 2016 U.S. Government Agency Bonds $ $ $ 1,492,480 $ (7,520 ) $ 1,492,480 $ (7,520 ) Municipal Bonds 734,737 (1,513 ) 734,737 (1,513 ) Mutual Fund Shares 64,031 (1,889 ) 64,031 (1,889 ) Mortgage-Backed Securities 279,285 (12,285 ) 279,285 (12,285 ) Total $ 734,737 $ (1,513 ) $ 1,835,796 $ (21,694 ) $ 2,570,533 $ (23,207 )

Note 6 - Loans (Tables)

Note 6 - Loans (Tables)	12 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	March 31, 2017 2016 Residential (one to four family) real estate $ 61,419,004 $ 62,250,645 Multi-family and commercial real estate 12,071,060 9,569,328 Commercial 1,858,107 2,290,405 Home equity 8,811,757 8,527,420 Consumer 636,658 682,193 Construction 680,556 54,268 Total loans 85,477,142 83,374,259 Net deferred loan origination fees (61,332 ) (77,218 ) Allowance for loan losses (1,001,449 ) (1,099,232 ) Net deferred loan fees and allowance (1,062,781 ) (1,176,450 ) Loans, net $ 84,414,361 $ 82,197,809
Financing Receivable Credit Quality Indicators [Table Text Block]	Special Non- Mention Classified Performing Pass Loans Loans Loans Total Residential real estate $ 58,806,400 $ $ $ 2,612,604 $ 61,419,004 Multi-family and commercial real estate 10,727,543 172,050 1,171,467 12,071,060 Commercial 1,652,256 34,377 171,474 1,858,107 Home equity 8,533,000 278,757 8,811,757 Consumer 636,658 636,658 Construction 628,052 52,504 680,556 $ 80,983,909 $ $ 206,427 $ 4,286,806 $ 85,477,142 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
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 $ 483,057 $ 149,317 $ 1,545,714 $ 2,178,088 $ 59,240,916 $ 61,419,004 Multi-family and commercial real estate 172,050 425,200 880,342 1,477,592 10,593,468 12,071,060 Commercial 175,116 171,474 346,590 1,511,517 1,858,107 Home equity 183,930 183,930 8,627,827 8,811,757 Consumer 14,477 14,477 622,181 636,658 Construction 680,556 680,556 Total Loans $ 844,700 $ 574,517 $ 2,781,460 $ 4,200,677 $ 81,276,465 $ 85,477,142 Percentage of Total Loans 0.99 % 0.67 % 3.25 % 4.91 % 95.09 % 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 $ 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 % .64 % 3.29 % 5.09 % 94.91 % 100.0 %
Impaired Financing Receivables [Table Text Block]	March 31, 2017 2016 Impaired loans for which a valuation allowance has been provided $ $ Impaired loans for which no valuation allowance has been provided 4,882,799 4,965,658 Total loans determined to be impaired $ 4,882,799 $ 4,965,658 Allowance for loans losses related to impaired loans $ $ Average recorded investment in impaired loans $ 5,224,742 $ 5,054,436 Cash basis interest income recognized on impaired loans $ 172,524 $ 200,787
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 $ 2,288,798 $ 2,238,610 $ $ 2,710,870 $ 59,661 Multi-family and commercial real estate 2,162,188 2,141,444 2,059,650 93,446 Commercial 171,474 171,474 152,492 9,218 Home equity 283,156 278,767 242,465 7,488 Consumer 1,262 Construction 57,157 52,504 58,003 2,711 Subtotal $ 4,962,773 $ 4,882,799 $ $ 5,224,742 $ 172,524 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 $ 2,288,798 $ 2,238,610 $ $ 2,710,870 $ 59,661 Multi-family and commercial real estate 2,162,188 2,141,444 2,059,650 93,446 Commercial 171,474 171,474 152,492 9,218 Home equity 283,156 278,767 242,465 7,488 Consumer 1,262 Construction 57,157 52,504 58,003 2,711 Total $ 4,962,773 $ 4,882,799 $ $ 5,224,742 $ 172,524 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
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]	March 31, 2017 2016 Non-accrual loans: Residential real estate $ 1,179,630 $ 1,333,383 Multi-family and commercial real estate 506,357 552,545 Commercial 171,474 21,318 Home equity 53,140 110,921 Consumer Construction Total non-accrual loans 1,910,601 2,018,167 March 31, 2017 2016 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 $ 740,079 $ 744,222 Multi-family and commercial real estate 425,200 Commercial Home equity 130,780 Consumer Construction Total troubled debt restructurings in non- accrual status 1,296,059 744,222 Performing under modified terms: Residential real estate $ 692,895 $ 787,462 Multi-family and commercial real estate 239,910 765,579 Commercial Home equity 94,837 Consumer Construction 52,504 54,268 Total troubled debt restructurings performing under modified terms 1,080,146 1,607,309 Total troubled debt restructurings 2,376,205 2,351,531 Total non-performing loans 4,286,806 4,369,698 Real estate owned 1,271,302 1,763,628 Total non-performing assets $ 5,558,108 $ 6,133,326 Non-performing loans as a percentage of loans 5.02 % 5.24 % Non-performing assets as a percentage of loans and real estate owned 6.41 % 7.20 % Non-performing assets as a percentage of total assets 4.38 % 4.74 %
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	2017 2016 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 $ 76,513 $ 96,000 1 $ 163,767 $ 172,933
Schedule of Debtor Troubled Debt Restructuring, Subsequent Periods [Table Text Block]	Number of Number of Contracts Recorded Investment Contracts Recorded Investment Troubled debt restructurings that subsequently defaulted: Residential real estate -0- $ -0- $
Real Estate Owned [Table Text Block]	March 31, 2017 2016 Balance, beginning of year $ 1,763,628 $ 2,433,483 Additions from loan foreclosures 499,760 332,495 Additions from capitalized costs 25,875 Dispositions of REO (922,283 ) (751,952 ) (Loss) on sale of REO (33,578 ) (3,519 ) Valuation adjustments during the year (62,100 ) (246,879 ) Balance, end of year $ 1,271,302 $ 1,763,628 March 31, 2017 2016 Balance, beginning of year $ 227,231 $ 850,865 Valuation adjustments added during the year 62,100 246,879 Valuation adjustments on disposed properties during the year (185,060 ) (870,513 ) Balance, end of year $ 104,271 $ 227,231
Schedule of Charge-offs [Table Text Block]	March 31, 2017 2016 Balance at beginning of year $ 1,099,232 $ 1,185,178 Provision: Residential real estate 97,647 (132,262 ) Multi-family and commercial real estate (60,913 ) 9,520 Commercial (44,969 ) (11,855 ) Home equity loans 29,136 10,741 Consumer (45,413 ) 53,156 Construction 2,512 -0- Total Provision (Recapture) $ (22,000 ) $ (70,700 ) Charge-Offs: Residential real estate 101,912 39,730 Multi-family and commercial real estate 70,705 16,871 Commercial Home equity 41,769 10,860 Consumer 71,388 Recoveries (138,603 ) (123,603 ) Total Net Charge-Offs 75,783 15,246 Balance at end of year $ 1,001,449 $ 1,099,232 Year-end loans outstanding $ 85,477,142 $ 83,374,259 Average loans outstanding $ 84,425,701 $ 83,665,599 Allowance as a percentage of year-end loans 1.17 % 1.32 % Net charge-offs as a percentage of average loans 0.09 % 0.02 %
Allowance for Credit Losses on Financing Receivables [Table Text Block]	Multi-Family and Residential Commercial Home Real Estate Real Estate Commercial Equity Consumer Construction Total Allowance for loan losses: - - - - - - Beginning balance $ 568,334 $ 339,022 $ 79,988 $ 86,728 $ 25,160 $ -0- $ 1,099,232 Loan charge-offs (101,912 ) (70,705 ) (41,769 ) (214,386 ) Recoveries 11,100 66,703 29,020 31,780 138,603 Provision for loan losses 97,647 (60,913 ) (44,969 ) 29,136 (45,413 ) 2,512 (22,000 ) Ending balance $ 575,169 $ 274,107 $ 64,039 $ 74,095 $ 11,527 $ 2,512 $ 1,001,449 Ending balance: individually evaluated for impairment $ $ $ $ $ $ $ Ending balance: collectively evaluated for impairment $ 575,169 $ 274,107 $ 64,039 $ 74,095 $ 11,527 $ 2,512 $ 1,001,449 Loans: Ending balance $ 61,419,004 $ 12,071,060 $ 1,858,107 $ 8,811,757 $ 636,658 $ 680,556 $ 85,477,142 Ending balance: individually evaluated for impairment $ 2,378,920 $ 1,662,860 $ 186,599 $ 512,441 $ $ 52,504 $ 4,793,324 Ending balance: collectively evaluated for impairment $ 59,040,084 $ 10,408,200 $ 1,671,508 $ 8,299,316 $ 636,658 $ 628,052 $ 80,683,818 Multi-Family and Residential Commercial Home Real Estate Real Estate Commercial 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
Loans Receivable Activity Officers and Directors [Table Text Block]	March 31, 2017 2016 Balance, beginning of year $ 1,688,726 $ 786,325 Payments (56,675 ) (56,887 ) Borrower no longer associated with Bank (40,712 ) Borrowings 150,000 1,000,000 Balance, end of year $ 1,782,051 $ 1,688,726

Note 7 - Loan Servicing (Tables

Note 7 - Loan Servicing (Tables)	12 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Servicing Assets at Fair Value [Table Text Block]	March 31, 2017 2016 Mortgage Loan Servicing Portfolio: Mortgage Partnership Finance FHLB New York $ 120,963 $ 125,666

Note 8 - Accrued Interest Rec40

Note 8 - Accrued Interest Receivable (Tables)	12 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Other Assets [Table Text Block]	March 31, 2017 2016 Loans $ 226,189 $ 249,245 Investment securities 145,245 116,358 Mortgage backed securities 6,809 3,535 $ 378,243 $ 369,138

Note 9 - Premises and Equipme41

Note 9 - Premises and Equipment (Tables)	12 Months Ended
	Mar. 31, 2017
Notes Tables
Property, Plant and Equipment [Table Text Block]	March 31, 2017 2016 Land $ 1,451,203 $ 1,451,203 Buildings 6,872,774 6,864,728 Furniture, fixtures and equipment 2,058,456 2,054,765 10,382,433 10,370,696 Accumulated depreciation (4,334,730 ) (4,080,649 ) Premises and equipment, net $ 6,047,703 $ 6,290,047

Note 11 - Deposits (Tables)

Note 11 - Deposits (Tables)	12 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Deposit Account Balances [Table Text Block]	March 31, 2017 Weighted Average Percent of Amount Interest Rate Portfolio Non interest bearing accounts $ 11,703,567 % 10.44 Interest bearing checking accounts 22,256,234 0.17 19.86 Passbook savings accounts 18,584,956 0.10 16.58 Money Market accounts 21,231,184 0.49 18.95 Club accounts 148,288 0.10 0.13 73,924,229 65.96 Certificates of Deposits: 0.10% to 0.99% 20,542,894 0.60 18.33 1.00% to 1.99% 17,303,681 1.25 15.44 2.00% to 2.99% 309,942 2.13 0.27 38,156,517 34.04 $ 112,080,746 100.00 % 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 %
Schedule of Maturities of Deposits [Table Text Block]	March 31, 2017 2016 2017 $ $ 23,090,517 2018 21,544,213 8,181,234 2019 8,577,082 3,374,490 2020 3,364,211 2,358,507 2021 2,011,316 2,096,365 2022 2,659,695 Total certificates of deposit $ 38,156,517 $ 39,101,113

Note 13 - Advances From Feder43

Note 13 - Advances From Federal Home Loan Bank (Tables)	12 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Federal Home Loan Bank, Advances, by Branch of FHLB Bank [Table Text Block]	Maturity Interest Date Rate 2017 2016 April 18, 2017 0.74 % $ $ 2,000,000 October 17, 2017 0.81 % 1,000,000 $ -0- $ 3,000,000

Note 14 - Income Taxes (Tables)

Note 14 - Income Taxes (Tables)	12 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Components of Income Tax Expense (Benefit) [Table Text Block]	Years Ended March 31, 2017 2016 Income Tax Expense (benefit) Current federal tax expense Federal $ $ - State 3,000 3,000 Deferred tax (benefit) Federal 69,238 (85,569 ) State 20,903 29,971 Total $ 93,141 $ (52,598 )
Schedule of Effective Income Tax Rate Reconciliation [Table Text Block]	Years Ended March 31, 2017 2016 Expected federal tax provision (benefit) at 34% rate $ 71,784 $ (24,027 ) Municipal bond interest (1,404 ) (469 ) Increase in cash surrender value of life insurance (1,564 ) (1,700 ) State income tax 24,325 (26,402 ) Total income tax (benefit) $ 93,141 $ (52,598 ) Effective tax rate (benefit) 44.1 % (74.4% )
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]	March 31, 2017 2016 Deferred tax assets: Accrued pension costs $ 23,900 $ 9,500 Allowance for loan losses 350,300 438,935 Directors’ benefit plans 138,500 131,500 Employee stock option 50,600 32,200 FASB 158 – unrecognized transition costs 87,800 91,100 Federal tax loss carryforward 1,016,400 1,050,900 State tax loss carryforward 360,200 372,800 Non accrual interest 28,000 15,000 Total deferred tax assets $ 2,055,700 $ 2,141,935 Valuation allowance (24,800 ) - March 31, 2017 2016 Deferred tax liabilities: Accumulated depreciation $ (46,500 ) $ (64,000 ) Unrealized gains on securities available-for-sale (2,450 ) (11,400 ) Total deferred tax liabilities (48,950 ) (75,400 ) NET DEFERRED TAX ASSETS $ 1,981,950 $ 2,066,535

Note 16 - Board of Directors'45

Note 16 - Board of Directors' Retirement Plan (Tables)	12 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Net Benefit Costs [Table Text Block]	Years Ended March 31, 2017 2016 Service cost $ 15,700 $ 18,012 Interest cost 22,896 23,276 Amortization of gain 14,152 17,908 Net amortization and deferral -0- -0- Net periodic pension cost $ 52,748 $ 59,196
Schedule of Net Funded Status [Table Text Block]	March 31, 2017 2016 Accumulated benefit obligation $ 537,500 $ 540,070 Projected benefit obligation 565,807 556,522 Fair value of plan assets -0- -0- Unfunded projected benefit obligation 565,807 556,522
Schedule of Changes in Projected Benefit Obligations [Table Text Block]	March 31, 2017 2016 Change in Benefit Obligation Projected benefit obligation at beginning of year $ 556,522 $ 599,324 Service cost 15,700 18,012 Interest cost 22,896 23,276 Actuarial (gain) loss 5,916 (48,863 ) Benefits paid (35,227 ) (35,227 ) Benefit obligation at end of year $ 565,807 $ 556,522
Schedule of Changes in Fair Value of Plan Assets [Table Text Block]	March 31, 2017 2016 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 35,227 Benefits paid (35,227 ) (35,227 ) Fair value of Plan assets at end of year $ -0- $ -0-
Schedule of Assumptions Used [Table Text Block]	Years Ended March 31, 2017 2016 Discount rate for periodic pension cost 4.25 % 4.00 % Discount rate for benefit obligation 4.25 % 4.25 % 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, 2017
Notes Tables
Employee Stock Ownership Plan (ESOP) Disclosures [Table Text Block]	Years Ended March 31, 2017 2016 Shares released for allocation 25,053 21,534 Unearned shares 35,187 38,706 Total ESOP shares 60,240 60,240

Note 18 - Stock Based Compens47

Note 18 - Stock Based Compensation (Tables)	12 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Share-based Compensation, Restricted Stock Units Award Activity [Table Text Block]	Year Ended March 31, 2017 Weighted Average Number of Grant Date Shares Fair Value Restricted at the beginning of the period 20,000 $ 8.69 Granted Vested Forfeited Restricted at the end of the period 20,000 8.69

Note 19 - Earnings Per Share (T

Note 19 - Earnings Per Share (Tables)	12 Months Ended
	Mar. 31, 2017
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	2017 2016 Net Income (Loss) $ 117,989 $ (18,070 ) Weighted average shares outstanding 945,425 945,425 Adjusted average unearned ESOP shares (35,187 ) (38,706 ) Weighted average share outstanding - basic 910,238 906,719 Effect of dilutive common stock equivalents 5,312 - Adjusted weighted average shares outstanding - dilutive 915,550 906,719 Basic loss per share $ 0.13 $ (0.02 ) Diluted loss per share $ 0.13 $ (0.02 )

Note 20 - Fair Value Measurem49

Note 20 - Fair Value Measurements (Tables)	12 Months Ended
	Mar. 31, 2017
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, 2017 Securities available for sale: U.S. Government Agency Bonds $ 500,032 $ $ 500,032 $ Certificates of Deposit 2,007,628 2,007,628 Mutual Fund Shares 87,228 87,228 Totals $ 2,594,888 $ $ 2,594,888 $ 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: U.S. Government Agency Bonds $ 497,247 $ $ 497,247 $ Certificates of Deposit 1,530,854 1,530,854 Mutual Fund Shares 121,992 121,992 Totals $ 2,150,093 $ $ 2,150,093 $
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, 2017 Impaired loans $ 4,882,799 $ $ $ 4,882,799 Real estate owned 1,271,302 1,271,302 Total $ 6,154,101 $ $ $ 6,154,101 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
Fair Value, Assets and Liabilities Measured on Nonrecurring Basis, Valuation Techniques [Table Text Block]	March 31, 2017 Fair Valuation Value Technique Unobservable Input Range (discount) Impaired loans $ 4,882,799 Property Management discount for 7% - 12% Real estate owned $ 1,271,302 Property Management discount for 7% - 12% March 31, 2016 Fair Valuation Value Technique Unobservable Input Range (discount) Impaired loans $ 4,965,658 Property Management discount for selling costs, property type discount and market volatility 7% - 12% Real estate owned $ 1,763,628 Property Management discount for selling costs, property type discount and market volatility 7% - 12%
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, 2017 Amount Fair Value (Level 1) (Level 2) (Level 3) Financial Assets: Cash and cash equivalents $ 6,998,543 $ 6,998,543 $ 6,998,543 $ $ Investment securities available for sale 2,588,817 2,594,888 2,594,888 Investment and mortgage-backed securities held to maturity 22,622,835 21,797,695 21,797,695 Loans receivable, net 84,414,361 83,833,000 83,833,000 Accrued interest receivable 378,243 378,243 378,243 Federal Home Loan Bank stock 124,300 124,300 124,300 Bank owned life insurance 178,514 178,514 178,514 Financial Liabilities: Deposits – non-interest bearing 11,703,567 11,703,567 11,703,567 Deposits – interest bearing 100,377,179 99,183,000 99,183,000 Accrued interest payable 6,273 6,273 6,273 Advances from borrowers for taxes and insurance 500,485 500,485 500,485 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 21,639,610 21,639,610 Loans receivable, net 82,197,809 84,355,000 84,355,000 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 99,800,000 99,800,000 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

Note 21 - Commitments and Con50

Note 21 - Commitments and Contingencies (Tables)	12 Months Ended
	Mar. 31, 2017
Notes Tables
Other Commitments [Table Text Block]	2017 2016 Contractual Contractual Amount Amount Financial instruments whose notional or contract amounts represent credit risk: Construction loan commitments $ 290,862 $ Unused commercial lines of credit 1,378,259 1,212,000 Unused home equity lines of credit 4,255,673 4,969,000 Personal lines of credit 494 635 1-4 family residential mortgage commitments 528,000 1,232,000 Commercial real estate mortgage commitments 112,000 Standby letters of credit 55,000 55,000 Total $ 6,620,288 $ 7,468,635

Note 23 - Regulatory Capital (T

Note 23 - Regulatory Capital (Tables)	12 Months Ended
	Mar. 31, 2017
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, 2017: Total Capital (to Risk-Weighted Assets) $ 12,373,000 17.60 % ≥$5,624,000 ≥8.0% ≥$7,030,000 ≥10.0% Tier 1 Capital (to Risk-Weighted Assets) $ 11,489,000 16.34 % ≥$4,218,000 ≥6.0% ≥$5,624,000 ≥ Tier 1 Common (to Risk-Weighted Assets) $ 11,489,000 16.34 % ≥$3,164,000 ≥4.5% ≥$4,570,000 ≥ 6.5% Tier 1 Capital (to Average Assets) $ 11,489,000 9.23 % ≥$4,979,000 ≥4.0% ≥$6,223,000 ≥ 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, 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 % ≥$4,124,000 ≥6.0% ≥$5,498,000 ≥ 8.0% Tier 1 Common (to Risk-Weighted Assets) $ 10,988,000 15.99 % ≥$3,092,000 ≥4.5% ≥$4,467,000 ≥ 6.5% Tier 1 Capital (to Average Assets) $ 10,988,000 8.67 % ≥$5,068,000 ≥4.0% ≥$6,335,000 ≥ 5.0%

Note 25 - Changes in Accumula52

Note 25 - Changes in Accumulated Other Comprehensive Income (Loss) Balances (Tables)	12 Months Ended
	Mar. 31, 2017
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, 2016 $ 16,989 $ (136,651 ) $ (119,662 ) Other comprehensive income before reclassification (13,347 ) 4,942 (8,405 ) Total other comprehensive income (13,347 ) 4,942 (8,405 ) Balance as of March 31, 2017 $ 3,642 $ (131,709 ) $ (128,067 )

Note 26 - Financial Informati53

Note 26 - Financial Information of Parent Company (Tables)	12 Months Ended
	Mar. 31, 2017
Notes Tables
Condensed Balance Sheet [Table Text Block]	For the Years Ended March 31, 2017 2016 Statement of Financial Condition Assets: Cash and cash equivalents $ 399,459 $ 480,129 Investment in Bank 9,586,332 9,536,490 Deferred income taxes 50,582 32,219 Total assets $ 10,036,373 $ 10,048,838 Stockholders’ equity: Total stockholders’ equity 10,036,373 10,048,838 Total liabilities and stockholders’ equity $ 10,036,373 $ 10,048,838
Schedule of Condensed Income Statement and Cash Flow Statement [Table Text Block]	For the Years Ended March 31, 2017 2016 Income Statement Interest on ESOP loan $ 19,142 $ 20,556 Other interest income 440 456 Total income $ 19,582 $ 21,012 Management fee 45,000 45,000 Compensation expense 45,907 35,220 Total expense 90,907 80,220 Loss before income tax benefit and equity in undistributed net loss of subsidiary (71,325 ) (59,208 ) Equity in undistributed net income of subsidiary 171,451 27,549 Income tax benefit 17,863 13,589 Net income (loss) $ 117,989 $ (18,070 ) Cash Flows Adjustments to reconcile net income (loss) to net cash used in operating activities: Share based compensation expense $ 45,907 $ 35,220 Operating activities: Net income (loss) 117,989 (18,070 ) Undistributed net income of subsidiary (171,451 ) (27,549 ) Increase in deferred income taxes (18,363 ) (14,089 ) Net cash used in operating activities (25,918 ) (24,488 ) Investing activities: Distribution to subsidiary (100,000 ) Net cash used in investing activities (100,000 ) Financing activities: Proceeds from ESOP loan 45,248 43,834 Net cash provided by financing activities 45,248 43,834 Net (80,670 ) 19,346 Cash and cash equivalents, beginning of year 480,129 460,783 Cash and cash equivalents, end of year $ 399,459 $ 480,129

Note 2 - Summary of Significa54

Note 2 - Summary of Significant Accounting Policies (Details Textual)	Oct. 16, 2013shares	Oct. 31, 2013USD ($)shares	Mar. 31, 2017USD ($)shares	Mar. 31, 2016USD ($)shares	Mar. 31, 2008USD ($)shares	Mar. 31, 2015USD ($)	Mar. 31, 2007shares
Real Estate Acquired Through Foreclosure			$ 1,271,302	$ 1,763,628		$ 2,433,483
Gains (Losses) on Sales of Other Real Estate			$ (33,578)	(3,519)
Number of Reportable Segments			1
Advertising Expense			$ 19,186	23,988
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	$ 40,641	$ 33,077	$ 640,810
Employee Stock Ownership Plan (ESOP), Number of Allocated Shares | shares			25,053	21,534
Employee Stock Ownership Plan (ESOP), Compensation Expense			$ 45,907	$ 35,220
Employee Stock Ownership Plan (ESOP), Shares in ESOP | shares			60,240	60,240			64,081
Employee Stock Ownership Plan [Member] | Converted to Shares of Bancorp [Member]
Conversion of Stock, Shares Issued | shares		36,596

Note 5 - Investment Securitie55

Note 5 - Investment Securities (Details Textual)	Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value	$ 21,641,610	$ 2,570,533
Held-to-maturity Securities Pledged as Collateral	$ 3,510,000	$ 2,515,000
Debt Securities [Member]
Held-to-maturity, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	48
Held-to-maturity Securities, Continuous Unrealized Loss Position, Fair Value	$ 22,526,945

Note 5 - Investment Securitie56

Note 5 - Investment Securities - Available-for-sale Securities (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Available-for-sale securities - fair value	$ 2,594,888	$ 2,150,093
Investment securities available-for-sale, amortized cost	2,588,817	2,121,777
Available-for-sale securities - gross unrealized gains	8,047	32,958
Available-for-sale securities - gross unrealized losses	(1,976)	(4,642)
US Government Agencies Debt Securities [Member]
Available-for-sale securities - fair value	500,032	497,247
Investment securities available-for-sale, amortized cost	500,000	500,000
Available-for-sale securities - gross unrealized gains	32
Available-for-sale securities - gross unrealized losses		(2,753)
Certificates of Deposit [Member]
Available-for-sale securities - fair value	2,007,628	1,530,854
Investment securities available-for-sale, amortized cost	2,000,000	1,500,000
Available-for-sale securities - gross unrealized gains	8,015	30,854
Available-for-sale securities - gross unrealized losses	(387)
Mutual Fund Shares [Member]
Available-for-sale securities - fair value	87,228	121,992
Investment securities available-for-sale, amortized cost	88,817	121,777
Available-for-sale securities - gross unrealized gains		2,104
Available-for-sale securities - gross unrealized losses	$ (1,589)	$ (1,889)

Note 5 - Investment Securitie57

Note 5 - Investment Securities - Held-to-maturity Securities (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Held-to-maturity securities, fair value	$ 21,797,695	$ 21,706,150
Held-to-maturity securities, amortized cost	22,622,835	21,584,538
Held-to-maturity securities, gross unrealized gains	58,219	140,177
Held-to-maturity securities, gross unrealized losses	(883,359)	(18,565)
US Government Agencies Debt Securities [Member]
Held-to-maturity securities, fair value	19,552,500	20,373,169
Held-to-maturity securities, amortized cost	20,417,712	20,293,734
Held-to-maturity securities, gross unrealized gains		91,930
Held-to-maturity securities, gross unrealized losses	(865,212)	(12,495)
Municipal Bonds [Member]
Held-to-maturity securities, fair value	1,533,502	734,737
Held-to-maturity securities, amortized cost	1,536,250	736,250
Held-to-maturity securities, gross unrealized gains
Held-to-maturity securities, gross unrealized losses	(2,748)	(1,513)
Collateralized Mortgage Backed Securities [Member]
Held-to-maturity securities, fair value	711,693	598,244
Held-to-maturity securities, amortized cost	668,873	554,554
Held-to-maturity securities, gross unrealized gains	58,219	48,247
Held-to-maturity securities, gross unrealized losses	$ (15,399)	$ (4,557)

Note 5 - Investment Securitie58

Note 5 - Investment Securities - Maturity of Securities (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Held-to-maturity securities, fair value - after one year through five years	$ 496,646	$ 945,091
Available-for-sale securities, amortized cost - after five years through ten years	2,000,000	500,000
Available-for-sale securities, fair value - after five years through ten years	2,007,628	506,285
Held-to-maturity securities, amortized cost - after five years through ten years	8,572,495	8,379,581
Held-to-maturity securities, fair value - after five years through ten years	8,292,256	8,384,588
Available-for-sale securities, amortized cost - after ten years	500,000	500,000
Available-for-sale securities, fair value - after ten years	500,032	497,247
Held-to-maturity securities, amortized cost - after ten years	12,014,090	11,523,707
Held-to-maturity securities, fair value - after ten years	11,475,291	11,641,734
Mutual fund shares, available-for-sale, amortized cost	88,817	121,777
Mutual fund shares, available-for-sale securities, fair value	87,228	121,992
Mutual fund shares, held-to-maturity securities, amortized cost
Mutual fund shares, held-to-maturity securities, fair value
Available-for-sale securities, amortized cost	2,588,817	2,121,777
Available-for-sale securities, fair value	2,594,888	2,150,093
Held-to-maturity securities, amortized cost	22,622,835	21,584,538
Investment and mortgage backed securities held-to-maturity, fair value	21,797,695	21,706,150
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	1,536,250	736,250
Held-to-maturity securities, fair value - one year or less	1,533,502	734,737
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	$ 500,000	$ 945,000

Note 5 - Investment Securitie59

Note 5 - Investment Securities - Securities with Gross Unrealized Losses (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Securities with unrealized losses, 12 months or greater, gross unrealized losses	$ (16,988)	$ (21,694)
Securities with unrealized losses, fair value	21,641,610	2,570,533
Securities with unrealized losses, gross unrealized losses	(885,335)	(23,207)
Securities with unrealized losses, less than 12 months, fair value	21,338,364	734,737
Securities with unrealized losses, less than 12 months, gross unrealized losses	(868,347)	(1,513)
Securities with unrealized losses, 12 months or greater, fair value	303,246	1,835,796
US Government Agencies Debt Securities [Member]
Securities with unrealized losses, 12 months or greater, gross unrealized losses		(7,520)
Securities with unrealized losses, fair value	19,552,501	1,492,480
Securities with unrealized losses, gross unrealized losses	(865,212)	(7,520)
Securities with unrealized losses, less than 12 months, fair value	19,552,501
Securities with unrealized losses, less than 12 months, gross unrealized losses	(865,212)
Securities with unrealized losses, 12 months or greater, fair value		1,492,480
Certificates of Deposit [Member]
Securities with unrealized losses, 12 months or greater, gross unrealized losses
Securities with unrealized losses, fair value	249,613
Securities with unrealized losses, gross unrealized losses	(387)
Securities with unrealized losses, less than 12 months, fair value	249,613
Securities with unrealized losses, less than 12 months, gross unrealized losses	(387)
Securities with unrealized losses, 12 months or greater, fair value
Municipal Bonds [Member]
Securities with unrealized losses, 12 months or greater, gross unrealized losses
Securities with unrealized losses, fair value	1,536,250	734,737
Securities with unrealized losses, gross unrealized losses	(2,748)	(1,513)
Securities with unrealized losses, less than 12 months, fair value	1,536,250	734,737
Securities with unrealized losses, less than 12 months, gross unrealized losses	(2,748)	(1,513)
Securities with unrealized losses, 12 months or greater, fair value
Mutual Fund Shares [Member]
Securities with unrealized losses, 12 months or greater, gross unrealized losses	(1,589)	(1,889)
Securities with unrealized losses, fair value	87,228	64,031
Securities with unrealized losses, gross unrealized losses	(1,589)	(1,889)
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	87,228	64,031
Collateralized Mortgage Backed Securities [Member]
Securities with unrealized losses, 12 months or greater, gross unrealized losses	(15,399)	(12,285)
Securities with unrealized losses, fair value	216,018	279,285
Securities with unrealized losses, gross unrealized losses	(15,399)	(12,285)
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	$ 216,018	$ 279,285

Note 6 - Loans (Details Textual

Note 6 - Loans (Details Textual)	12 Months Ended
	Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)
Maximum Loan to One Borrower Limitation, Percentage of Capital Funds	15.00%
Maximum Loan to One Borrower Limitation	$ 1,900,000
Additional Loan to One Borrower Limitation if Collateralized, Percentage of Adjusted Capital Funds	10.00%
Adjusted Capital Funds Value	$ 1,200,000
Financing Receivable, Modifications, Number of Contracts	12	11
Financing Receivable, Modifications, Recorded Investment	$ 2,376,205	$ 2,351,531
Financing Receivable, Recorded Investment, Nonaccrual Status	1,910,601	2,018,167
Impaired Financing Receivable, Average Principal Balance	5,144,281	4,965,658
Impaired Financing Receivable, Interest Income, Cash Basis Method	$ 172,524	200,787
Allowance for Loan Loss to Loans Outstanding Ratio	1.17%
Increase (Decrease) in Non-performing Assets		$ (575,218)
Non-performing Assets As Percentage of Total Assets	4.38%	4.74%
Allowance for Loan and Lease Losses, Write-offs	$ 214,386	$ 138,849
Loan Discount, Percentage	1.00%
Total Charge-offs [Member]
Loans Receivables, Write Offs, Number of Relationships	1	1
Allowance for Loan and Lease Losses, Write-offs	$ 39,866	$ 71,388
Partial Charge-offs [Member]
Loans Receivables, Write Offs, Number of Relationships	3	3
Allowance for Loan and Lease Losses, Write-offs	$ 174,521	$ 67,461
In Non-accrual Status [Member]
Financing Receivable, Number of Contracts, Nonaccrual Status		18
Financing Receivable, Recorded Investment, Nonaccrual Status		$ 2,761,939
Commercial Real Estate [Member]
Financing Receivable, Modifications, Number of Contracts	3	3
Financing Receivable, Modifications, Recorded Investment	$ 655,110	$ 676,293
Construction [Member]
Financing Receivable, Modifications, Number of Contracts	1	1
Financing Receivable, Modifications, Recorded Investment	$ 52,504	$ 54,268
Residential Real Estate Loans [Member]
Financing Receivable, Modifications, Number of Contracts	8	7
Financing Receivable, Modifications, Recorded Investment	$ 1,668,591	$ 1,620,970
Modified During the Year [Member]
Financing Receivable, Modifications, Number of Contracts	6	1
Financing Receivable, Modifications, Recorded Investment	$ 1,084,799	$ 172,933
In Non-accrual Status [Member]
Financing Receivable, Number of Contracts, Nonaccrual Status	17
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 3,206,661
Residential Portfolio Segment [Member]
Financing Receivable, Modifications, Number of Contracts	1	1
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 1,179,630	$ 1,333,383
Impaired Financing Receivable, Interest Income, Cash Basis Method	59,661	70,879
Allowance for Loan and Lease Losses, Write-offs	$ 101,912	39,730
Residential Portfolio Segment [Member] | Maximum [Member]
Loan Origination, Percentage of Appraised Value or Selling Price	80.00%
Owner and Non-owner Occupied Property [Member] | Maximum [Member]
Loan Term	30 years
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 506,357	552,545
Impaired Financing Receivable, Interest Income, Cash Basis Method	93,446	117,115
Allowance for Loan and Lease Losses, Write-offs	$ 70,705	16,871
Commercial Real Estate Portfolio Segment [Member] | Maximum [Member]
Interest Rate Maturity Or Re-price	7 years
Loan Amortization Period	25 years
Loan Origination, Percentage of Appraised Value or Selling Price	80.00%
Commercial Real Estate Portfolio Segment [Member] | Minimum [Member]
Interest Rate Maturity Or Re-price	5 years
Consumer Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status
Impaired Financing Receivable, Interest Income, Cash Basis Method
Allowance for Loan and Lease Losses, Write-offs		71,388
Consumer Portfolio Segment [Member] | Maximum [Member]
Loan Origination, Percentage of Appraised Value or Selling Price	80.00%
Construction Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status
Impaired Financing Receivable, Interest Income, Cash Basis Method	2,711	2,811
Allowance for Loan and Lease Losses, Write-offs	$ 0	$ 0
Construction Portfolio Segment [Member] | Maximum [Member]
Loan Term	1 year

Note 6 - Loans - Loans (Details

Note 6 - Loans - Loans (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Loans	$ 85,477,142	$ 83,374,259
Net deferred loan origination fees	(61,332)	(77,218)
Allowance for loan losses	(1,001,449)	(1,099,232)	$ (1,185,178)
Net deferred loan fees and allowance	(1,062,781)	(1,176,450)
Loans, net	84,414,361	82,197,809
Residential Portfolio Segment [Member]
Loans	61,419,004	62,250,645
Allowance for loan losses	(575,169)	(568,334)	(702,105)
Commercial Real Estate Portfolio Segment [Member]
Loans	12,071,060	9,569,328
Allowance for loan losses	(274,107)	(339,022)	(288,893)
Commercial Portfolio Segment [Member]
Loans	1,858,107	2,290,405
Allowance for loan losses	(64,039)	(79,988)	(86,300)
Home Equity Portfolio Segment [Member]
Loans	8,811,757	8,527,420
Allowance for loan losses	(74,095)	(86,728)	(86,847)
Consumer Portfolio Segment [Member]
Loans	636,658	682,193
Allowance for loan losses	(11,527)	(25,160)	(21,033)
Construction Portfolio Segment [Member]
Loans	680,556	54,268
Allowance for loan losses	$ (2,512)	$ 0	$ 0

Note 6 - Loans - Loans by Credi

Note 6 - Loans - Loans by Credit Quality Indicator (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Loans	$ 85,477,142	$ 83,374,259
Nonperforming Financial Instruments [Member]
Loans	4,286,806	4,369,698
Pass [Member]
Loans	80,983,909	78,521,084
Special Mention [Member]
Loans		342,726
Classified Loans [Member]
Loans	206,427	140,751
Residential Portfolio Segment [Member]
Loans	61,419,004	62,250,645
Residential Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Loans	2,612,604	2,865,067
Residential Portfolio Segment [Member] | Pass [Member]
Loans	58,806,400	59,385,578
Residential Portfolio Segment [Member] | Special Mention [Member]
Loans
Residential Portfolio Segment [Member] | Classified Loans [Member]
Loans
Commercial Real Estate Portfolio Segment [Member]
Loans	12,071,060	9,569,328
Commercial Real Estate Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Loans	1,171,467	1,318,124
Commercial Real Estate Portfolio Segment [Member] | Pass [Member]
Loans	10,727,543	7,962,420
Commercial Real Estate Portfolio Segment [Member] | Special Mention [Member]
Loans		288,784
Commercial Real Estate Portfolio Segment [Member] | Classified Loans [Member]
Loans	172,050
Commercial Portfolio Segment [Member]
Loans	1,858,107	2,290,405
Commercial Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Loans	171,474	21,318
Commercial Portfolio Segment [Member] | Pass [Member]
Loans	1,652,256	2,074,394
Commercial Portfolio Segment [Member] | Special Mention [Member]
Loans		53,942
Commercial Portfolio Segment [Member] | Classified Loans [Member]
Loans	34,377	140,751
Home Equity Portfolio Segment [Member]
Loans	8,811,757	8,527,420
Home Equity Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Loans	278,757	110,921
Home Equity Portfolio Segment [Member] | Pass [Member]
Loans	8,533,000	8,416,499
Home Equity Portfolio Segment [Member] | Special Mention [Member]
Loans
Home Equity Portfolio Segment [Member] | Classified Loans [Member]
Loans
Consumer Portfolio Segment [Member]
Loans	636,658	682,193
Consumer Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Loans
Consumer Portfolio Segment [Member] | Pass [Member]
Loans	636,658	682,193
Consumer Portfolio Segment [Member] | Special Mention [Member]
Loans
Consumer Portfolio Segment [Member] | Classified Loans [Member]
Loans
Construction Portfolio Segment [Member]
Loans	680,556	54,268
Construction Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Loans	52,504	54,268
Construction Portfolio Segment [Member] | Pass [Member]
Loans	628,052
Construction Portfolio Segment [Member] | Special Mention [Member]
Loans
Construction Portfolio Segment [Member] | Classified Loans [Member]
Loans

Note 6 - Loans - Past Due Loans

Note 6 - Loans - Past Due Loans (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Percentage past due loans	4.91%	5.09%
Percentage of current loans	95.09%	94.91%
Percentage of Total Loans	100.00%	100.00%
Past due loans	$ 4,200,677	$ 4,241,490
Current loans	81,276,465	79,132,769
Loans	85,477,142	83,374,259
Residential Portfolio Segment [Member]
Past due loans	2,178,088	2,768,195
Current loans	59,240,916	59,482,450
Loans	61,419,004	62,250,645
Commercial Real Estate Portfolio Segment [Member]
Past due loans	1,477,592	951,852
Current loans	10,593,468	8,617,476
Loans	12,071,060	9,569,328
Commercial Portfolio Segment [Member]
Past due loans	346,590	360,972
Current loans	1,511,517	1,929,433
Loans	1,858,107	2,290,405
Home Equity Portfolio Segment [Member]
Past due loans	183,930	160,471
Current loans	8,627,827	8,366,949
Loans	8,811,757	8,527,420
Consumer Portfolio Segment [Member]
Past due loans	14,477
Current loans	622,181	682,193
Loans	636,658	682,193
Construction Portfolio Segment [Member]
Current loans	680,556	54,268
Loans	$ 680,556	$ 54,268
Financing Receivables, 30 to 59 Days Past Due [Member]
Percentage past due loans	0.99%	1.16%
Past due loans	$ 844,700	$ 966,656
Financing Receivables, 30 to 59 Days Past Due [Member] | Residential Portfolio Segment [Member]
Past due loans	483,057	577,002
Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member]
Past due loans	172,050
Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial Portfolio Segment [Member]
Past due loans	175,116	339,654
Financing Receivables, 30 to 59 Days Past Due [Member] | Home Equity Portfolio Segment [Member]
Past due loans		50,000
Financing Receivables, 30 to 59 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Past due loans	$ 14,477
Financing Receivables, 60 to 89 Days Past Due [Member]
Percentage past due loans	0.67%	0.64%
Past due loans	$ 574,517	$ 534,213
Financing Receivables, 60 to 89 Days Past Due [Member] | Residential Portfolio Segment [Member]
Past due loans	149,317	224,111
Financing Receivables, 60 to 89 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member]
Past due loans	425,200	288,784
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
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Percentage past due loans	3.25%	3.29%
Past due loans	$ 2,781,460	$ 2,740,621
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Residential Portfolio Segment [Member]
Past due loans	1,545,714	1,967,082
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member]
Past due loans	880,342	663,068
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Commercial Portfolio Segment [Member]
Past due loans	171,474
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Home Equity Portfolio Segment [Member]
Past due loans	$ 183,930	110,471
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Past due loans

Note 6 - Loans - Impaired Loans

Note 6 - Loans - Impaired Loans (Details) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Impaired loans for which a valuation allowance has been provided
Impaired loans for which no valuation allowance has been provided	4,882,799	4,965,658
Total loans determined to be impaired	4,882,799	4,965,658
Allowance for loans losses related to impaired loans
Average recorded investment in impaired loans	5,224,742	5,054,436
Cash basis interest income recognized on impaired loans	$ 172,524	$ 200,787

Note 6 - Loans - Impaired Loa65

Note 6 - Loans - Impaired Loans by Portfolio (Details) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Impaired loans for which no valuation allowance has been provided	$ 4,882,799	$ 4,965,658
Average annual recorded investment, no valuation allowance	5,224,742	5,054,436
Interest income recognized while on impaired status, no valuation allowance	172,524	200,787
Total non-performing loans	4,962,773	5,017,298
Unpaid principal balance, total	4,882,799	4,965,658
Average annual recorded investment, total	5,224,742	5,054,436
Interest income recognized while on impaired status, total	172,524	200,787
Recorded investment, no valuation allowance	4,962,773	5,017,298
Residential Portfolio Segment [Member]
Impaired loans for which no valuation allowance has been provided	2,238,610	2,920,343
Average annual recorded investment, no valuation allowance	2,710,870	2,912,541
Interest income recognized while on impaired status, no valuation allowance	59,661	70,879
Total non-performing loans	2,288,798	2,964,318
Unpaid principal balance, total	2,238,610	2,920,343
Average annual recorded investment, total	2,710,870	2,912,541
Interest income recognized while on impaired status, total	59,661	70,879
Recorded investment, no valuation allowance	2,288,798	2,964,318
Commercial Real Estate Portfolio Segment [Member]
Impaired loans for which no valuation allowance has been provided	2,141,444	1,935,352
Average annual recorded investment, no valuation allowance	2,059,650	1,992,465
Interest income recognized while on impaired status, no valuation allowance	93,446	117,115
Total non-performing loans	2,162,188	1,938,180
Unpaid principal balance, total	2,141,444	1,935,352
Average annual recorded investment, total	2,059,650	1,992,465
Interest income recognized while on impaired status, total	93,446	117,115
Recorded investment, no valuation allowance	2,162,188	1,938,180
Commercial Portfolio Segment [Member]
Impaired loans for which no valuation allowance has been provided	171,474	55,695
Average annual recorded investment, no valuation allowance	152,492	34,346
Interest income recognized while on impaired status, no valuation allowance	9,218	9,207
Total non-performing loans	171,474	55,695
Unpaid principal balance, total	171,474	55,695
Average annual recorded investment, total	152,492	34,346
Interest income recognized while on impaired status, total	9,218	9,207
Recorded investment, no valuation allowance	171,474	55,695
Home Equity Portfolio Segment [Member]
Impaired loans for which no valuation allowance has been provided	278,767
Average annual recorded investment, no valuation allowance	242,465	39,066
Interest income recognized while on impaired status, no valuation allowance	7,488	775
Total non-performing loans	283,156
Unpaid principal balance, total	278,767
Average annual recorded investment, total	242,465	39,066
Interest income recognized while on impaired status, total	7,488	775
Recorded investment, no valuation allowance	283,156
Consumer Portfolio Segment [Member]
Impaired loans for which no valuation allowance has been provided
Average annual recorded investment, no valuation allowance	1,262	15,864
Interest income recognized while on impaired status, no valuation allowance
Total non-performing loans
Unpaid principal balance, total
Average annual recorded investment, total	1,262	15,864
Interest income recognized while on impaired status, total
Recorded investment, no valuation allowance
Construction Portfolio Segment [Member]
Impaired loans for which no valuation allowance has been provided	52,504	54,268
Average annual recorded investment, no valuation allowance	58,003	60,154
Interest income recognized while on impaired status, no valuation allowance	2,711	2,811
Total non-performing loans	57,157	59,105
Unpaid principal balance, total	52,504	54,268
Average annual recorded investment, total	58,003	60,154
Interest income recognized while on impaired status, total	2,711	2,811
Recorded investment, no valuation allowance	$ 57,157	$ 59,105

Note 6 - Loans - Nonaccrual Loa

Note 6 - Loans - Nonaccrual Loans (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Nonaccrual loans	$ 1,910,601	$ 2,018,167
Accruing loans past due 90 days or more
Troubled debt restructurings	2,376,205	2,351,531
Total non-performing loans	4,962,773	5,017,298
Real estate owned	1,271,302	1,763,628	$ 2,433,483
Total non-performing assets	$ 126,987,353	$ 129,415,025
Non-performing loans as a percentage of loans	5.02%	5.24%
Non-performing assets as a percentage of loans and real estate owned	6.41%	7.20%
Non-performing assets as a percentage of total assets	4.38%	4.74%
Nonperforming Financial Instruments [Member]
Troubled debt restructurings	$ 1,296,059	$ 744,222
Total non-performing loans	4,286,806	4,369,698
Real estate owned	1,271,302	1,763,628
Total non-performing assets	5,558,108	6,133,326
Performing Financial Instruments [Member]
Troubled debt restructurings	1,080,146	1,607,309
Residential Portfolio Segment [Member]
Nonaccrual loans	1,179,630	1,333,383
Accruing loans past due 90 days or more
Total non-performing loans	2,288,798	2,964,318
Residential Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Troubled debt restructurings	740,079	744,222
Residential Portfolio Segment [Member] | Performing Financial Instruments [Member]
Troubled debt restructurings	692,895	787,462
Commercial Real Estate Portfolio Segment [Member]
Nonaccrual loans	506,357	552,545
Accruing loans past due 90 days or more
Total non-performing loans	2,162,188	1,938,180
Commercial Real Estate Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Troubled debt restructurings	425,200
Commercial Real Estate Portfolio Segment [Member] | Performing Financial Instruments [Member]
Troubled debt restructurings	239,910	765,579
Commercial Portfolio Segment [Member]
Nonaccrual loans	171,474	21,318
Accruing loans past due 90 days or more
Total non-performing loans	171,474	55,695
Commercial Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Troubled debt restructurings
Commercial Portfolio Segment [Member] | Performing Financial Instruments [Member]
Troubled debt restructurings
Consumer Portfolio Segment [Member]
Nonaccrual loans
Accruing loans past due 90 days or more
Total non-performing loans
Consumer Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Troubled debt restructurings
Consumer Portfolio Segment [Member] | Performing Financial Instruments [Member]
Troubled debt restructurings
Home Equity Portfolio Segment [Member]
Nonaccrual loans	53,140	110,921
Total non-performing loans	283,156
Home Equity Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Troubled debt restructurings	130,780
Home Equity Portfolio Segment [Member] | Performing Financial Instruments [Member]
Troubled debt restructurings	94,837
Construction Portfolio Segment [Member]
Nonaccrual loans
Accruing loans past due 90 days or more
Total non-performing loans	57,157	59,105
Construction Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Troubled debt restructurings
Construction Portfolio Segment [Member] | Performing Financial Instruments [Member]
Troubled debt restructurings	$ 52,504	$ 54,268

Note 6 - Loans - Troubled Debt

Note 6 - Loans - Troubled Debt Restructurings (Details)	12 Months Ended
	Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)
Number of Contracts	12	11
Residential Portfolio Segment [Member]
Number of Contracts	1	1
Outstanding Recorded Investment Pre-Modification	$ 76,513	$ 163,767
Outstanding Recorded Investment Post-Modification	$ 96,000	$ 172,933

Note 6 - Loans - Troubled Deb68

Note 6 - Loans - Troubled Debt Restructurings, Subsequent Default (Details) - Residential Portfolio Segment [Member]	12 Months Ended
	Mar. 31, 2017	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, 2017	Mar. 31, 2016
Balance, beginning of year	$ 1,763,628	$ 2,433,483
Additions from loan foreclosures	499,760	332,495
Additions from capitalized costs	25,875
Dispositions of REO	(922,283)	(751,952)
(Loss) on sale of REO	(33,578)	(3,519)
Valuation adjustments during the year	(62,100)	(246,879)
Balance, end of year	1,271,302	1,763,628
Balance, beginning of year	227,231	850,865
Valuation adjustments added during the year	62,100	246,879
Valuation adjustments on disposed properties during the year	(185,060)	(870,513)
Balance, end of year	$ 104,271	$ 227,231

Note 6 - Loans - Allowance for

Note 6 - Loans - Allowance for Losses on Loans and Charge-offs (Details) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Beginning balance	$ 1,099,232	$ 1,185,178
Provision	(22,000)	(70,700)
Loan charge-offs	214,386	138,849
Recoveries	(138,603)	(123,603)
Total Net Charge-Offs	75,783	15,246
Ending balance	1,001,449	1,099,232
Year-end loans outstanding	85,477,142	83,374,259
Average loans outstanding	$ 84,425,701	$ 83,665,599
Allowance as a percentage of year-end loans	1.17%	1.32%
Net charge-offs as a percentage of average loans	0.09%	0.02%
Residential Portfolio Segment [Member]
Beginning balance	$ 568,334	$ 702,105
Provision	97,647	(132,262)
Loan charge-offs	101,912	39,730
Recoveries	(11,100)	(38,221)
Ending balance	575,169	568,334
Year-end loans outstanding	61,419,004	62,250,645
Commercial Real Estate Portfolio Segment [Member]
Beginning balance	339,022	288,893
Provision	(60,913)	9,520
Loan charge-offs	70,705	16,871
Recoveries	(66,703)	(57,480)
Ending balance	274,107	339,022
Year-end loans outstanding	12,071,060	9,569,328
Commercial Portfolio Segment [Member]
Beginning balance	79,988	86,300
Provision	(44,969)	(11,855)
Loan charge-offs
Recoveries	(29,020)	(5,543)
Ending balance	64,039	79,988
Year-end loans outstanding	1,858,107	2,290,405
Home Equity Portfolio Segment [Member]
Beginning balance	86,728	86,847
Provision	29,136	10,741
Loan charge-offs	41,769	10,860
Recoveries	0	0
Ending balance	74,095	86,728
Year-end loans outstanding	8,811,757	8,527,420
Consumer Portfolio Segment [Member]
Beginning balance	25,160	21,033
Provision	(45,413)	53,156
Loan charge-offs		71,388
Recoveries	(31,780)	(22,359)
Ending balance	11,527	25,160
Year-end loans outstanding	636,658	682,193
Construction Portfolio Segment [Member]
Beginning balance	0	0
Provision	2,512	0
Loan charge-offs	0	0
Recoveries	0	0
Ending balance	2,512	0
Year-end loans outstanding	$ 680,556	$ 54,268

Note 6 - Loans - Allowance fo71

Note 6 - Loans - Allowance for Loan Losses (Details) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Recoveries	$ 138,603	$ 123,603
Provision for loan losses	(22,000)	(70,700)
Ending balance	1,001,449	1,099,232
Allowance for loan losses, individually evaluated for impairment	0	0
Allowance for loan losses, collectively evaluated for impairment	1,001,449	1,099,232
Loans	85,477,142	83,374,259
Loans, individually evaluated for impairment	4,793,324	4,789,759
Loans, collectively evaluated for impairment	80,683,818	78,584,500
Beginning balance	1,099,232	1,185,178
Loan charge-offs	(214,386)	(138,849)
Residential Portfolio Segment [Member]
Recoveries	11,100	38,221
Provision for loan losses	97,647	(132,262)
Ending balance	575,169	568,334
Allowance for loan losses, individually evaluated for impairment	0	0
Allowance for loan losses, collectively evaluated for impairment	575,169	568,334
Loans	61,419,004	62,250,645
Loans, individually evaluated for impairment	2,378,920	2,448,138
Loans, collectively evaluated for impairment	59,040,084	59,802,507
Beginning balance	568,334	702,105
Loan charge-offs	(101,912)	(39,730)
Commercial Real Estate Portfolio Segment [Member]
Recoveries	66,703	57,480
Provision for loan losses	(60,913)	9,520
Ending balance	274,107	339,022
Allowance for loan losses, individually evaluated for impairment	0	0
Allowance for loan losses, collectively evaluated for impairment	274,107	339,022
Loans	12,071,060	9,569,328
Loans, individually evaluated for impairment	1,662,860	1,637,617
Loans, collectively evaluated for impairment	10,408,200	7,931,711
Beginning balance	339,022	288,893
Loan charge-offs	(70,705)	(16,871)
Commercial Portfolio Segment [Member]
Recoveries	29,020	5,543
Provision for loan losses	(44,969)	(11,855)
Ending balance	64,039	79,988
Allowance for loan losses, individually evaluated for impairment	0	0
Allowance for loan losses, collectively evaluated for impairment	64,039	79,988
Loans	1,858,107	2,290,405
Loans, individually evaluated for impairment	186,599	132,657
Loans, collectively evaluated for impairment	1,671,508	2,157,748
Beginning balance	79,988	86,300
Loan charge-offs
Home Equity Portfolio Segment [Member]
Recoveries	0	0
Provision for loan losses	29,136	10,741
Ending balance	74,095	86,728
Allowance for loan losses, individually evaluated for impairment	0	0
Allowance for loan losses, collectively evaluated for impairment	74,095	86,728
Loans	8,811,757	8,527,420
Loans, individually evaluated for impairment	512,441	517,079
Loans, collectively evaluated for impairment	8,299,316	8,010,341
Beginning balance	86,728	86,847
Loan charge-offs	(41,769)	(10,860)
Consumer Portfolio Segment [Member]
Recoveries	31,780	22,359
Provision for loan losses	(45,413)	53,156
Ending balance	11,527	25,160
Allowance for loan losses, individually evaluated for impairment	0	0
Allowance for loan losses, collectively evaluated for impairment	11,527	25,160
Loans	636,658	682,193
Loans, individually evaluated for impairment	0	0
Loans, collectively evaluated for impairment	636,658	682,193
Beginning balance	25,160	21,033
Loan charge-offs		(71,388)
Construction Portfolio Segment [Member]
Recoveries	0	0
Provision for loan losses	2,512	0
Ending balance	2,512	0
Allowance for loan losses, individually evaluated for impairment	0	0
Allowance for loan losses, collectively evaluated for impairment	2,512	0
Loans	680,556	54,268
Loans, individually evaluated for impairment	52,504	54,268
Loans, collectively evaluated for impairment	628,052	0
Beginning balance	0	0
Loan charge-offs	$ 0	$ 0

Note 6 - Loans - Loans to Offic

Note 6 - Loans - Loans to Officers and Directors (Details) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Balance, beginning of year	$ 1,688,726	$ 786,325
Borrowings	150,000	1,000,000
Balance, end of year	1,782,051	1,688,726
Borrowers Associated with Bank [Member]
Payments	(56,675)	(56,887)
Borrower No Longer Associated with Bank [Member]
Payments		$ (40,712)

Note 7 - Loan Servicing - Mortg

Note 7 - Loan Servicing - Mortgage Loans Servicing Portfolio (Details) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Finance FHLB New York	$ 120,963	$ 125,666

Note 8 - Accrued Interest Rec74

Note 8 - Accrued Interest Receivable - Accrued Interest Receivable (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Accrued interest receivable	$ 378,243	$ 369,138
Loans Receivable [Member]
Accrued interest receivable	226,189	249,245
Investment Securities [Member]
Accrued interest receivable	145,245	116,358
Mortgage Backed Security [Member]
Accrued interest receivable	$ 6,809	$ 3,535

Note 9 - Premises and Equipme75

Note 9 - Premises and Equipment (Details Textual) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Depreciation	$ 254,081	$ 264,356

Note 9 - Premises and Equipme76

Note 9 - Premises and Equipment - Premises and Equipment (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Property, plant and equipment, gross	$ 10,382,433	$ 10,370,696
Accumulated depreciation	(4,334,730)	(4,080,649)
Premises and equipment, net	6,047,703	6,290,047
Land [Member]
Property, plant and equipment, gross	1,451,203	1,451,203
Building [Member]
Property, plant and equipment, gross	6,872,774	6,864,728
Furniture and Fixtures [Member]
Property, plant and equipment, gross	$ 2,058,456	$ 2,054,765

Note 11 - Deposits (Details Tex

Note 11 - Deposits (Details Textual) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Time Deposits, at or Above FDIC Insurance Limit	$ 2,935,732	$ 2,485,471
Related Party Deposit Liabilities	$ 690,000	$ 755,000

Note 11 - Deposits - Deposits A

Note 11 - Deposits - Deposits Account Balances (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Certificates of deposits, weighted average interest rate, 0.10% to 0.99%	0.60%	0.59%
Certificates of deposits, percent of portfolio, 0.10% to 0.99%	18.33%	19.39%
Certificates of deposits, 1.00% to 1.99%	$ 17,303,681	$ 14,773,019
Certificates of deposits, weighted average interest rate, 1.00% to 1.99%	1.25%	1.29%
Certificates of deposits, percent of portfolio, 1.00% to 1.99%	15.44%	13.21%
Certificates of deposits, 2.00% to 2.99%	$ 309,942	$ 2,632,487
Certificates of deposits, weighted average interest rate, 2.00% to 2.99%	2.13%	2.23%
Certificates of deposits, percent of portfolio, 2.00% to 2.99%	0.27%	2.35%
Certificates of deposits	$ 38,156,517	$ 39,101,113
Certificates of deposits, percent of portfolio	34.04%	34.95%
Total deposits	$ 112,080,746	$ 111,864,647
Total deposits, percent of porfolio	100.00%	100.00%
Non interest bearing accounts	$ 11,703,567	$ 12,054,146
Non interest bearing accounts, percent of portfolio	10.44%	10.78%
Interest bearing checking accounts	$ 22,256,234	$ 23,027,846
Interest bearing checking accounts, weighted average interest rate	0.17%	0.19%
Interest bearing checking accounts, percent of portfolio	19.86%	20.59%
Passbook savings accounts	$ 18,584,956	$ 17,724,072
Passbook savings accounts, weighted average interest rate	0.10%	0.10%
Passbook savings accounts, percent of portfolio	16.58%	15.84%
Money Market accounts	$ 21,231,184	$ 19,813,982
Money Market accounts, weighted average interest rate	0.49%	0.49%
Money Market accounts, percent of portfolio	18.95%	17.71%
Club accounts	$ 148,288	$ 143,488
Club accounts, weighted average interest rate	0.10%	0.10%
Club accounts, percent of portfolio	0.13%	0.13%
Deposits - excluding certificates of deposit	$ 73,924,229	$ 72,763,534
Deposits - excluding certificates of deposit, percent of portfolio	65.96%	65.05%
Certificates of deposits, 0.10% to 0.99%	$ 20,542,894	$ 21,695,607

Note 11 - Deposits - Scheduled

Note 11 - Deposits - Scheduled Maturities of Certificates of Deposits (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
2,017		$ 23,090,517
2,018	21,544,213	8,181,234
2,019	8,577,082	3,374,490
2,020	3,364,211	2,358,507
2,021	2,011,316	2,096,365
2,022	2,659,695
Total certificates of deposit	$ 38,156,517	$ 39,101,113

Note 12 - Line of Credit From80

Note 12 - Line of Credit From Atlantic Community Bankers Bank (Details Textual) - Atlantic Community Bankers Bank [Member] - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Line of Credit Facility, Maximum Borrowing Capacity	$ 1,000,000
Long-term Line of Credit	$ 0	$ 0

Note 13 - Advances From Feder81

Note 13 - Advances From Federal Home Loan Bank (Details Textual) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged	$ 11,600,000	$ 16,800,000
Federal Home Loan Bank, Advances, General Debt Obligations, Maximum Amount Available	$ 10,353,783

Note 13 - Advances from Feder82

Note 13 - Advances from Federal Home Loan Bank - Advances From Federal Home Loan Bank of New York (Details) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Interest rate
Advances from Federal Home Loan Bank		$ 3,000,000
Maturity Date, April 18, 2017 [Member]
Interest rate	0.74%
Advances from Federal Home Loan Bank		2,000,000
Maturity Date, October 17, 2017 [Member]
Interest rate	0.81%
Advances from Federal Home Loan Bank		$ 1,000,000

Note 14 - Income Taxes (Details

Note 14 - Income Taxes (Details Textual) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Deferred Tax Assets, Operating Loss Carryforwards, Domestic	$ 1,016,400	$ 1,050,900
Deferred Tax Assets, Operating Loss Carryforwards, State and Local	360,200	$ 372,800
Domestic Tax Authority [Member]
Operating Loss Carryforwards	3,270,000
State and Local Jurisdiction [Member]
Operating Loss Carryforwards	$ 4,000,000
Earliest Tax Year [Member] | Federal and State Jurisdiction [Member]
Open Tax Year	2,013
Latest Tax Year [Member] | Federal and State Jurisdiction [Member]
Open Tax Year	2,016

Note 14 - Income Taxes - Compon

Note 14 - Income Taxes - Components of Income Tax Expense (Benefit) (Details) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Federal
State	3,000	3,000
Federal	69,238	(85,569)
State	20,903	29,971
Total	$ 93,141	$ (52,598)

Note 14 - Income Taxes - Effect

Note 14 - Income Taxes - Effective Income Tax Rate Reconciliation (Details) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Expected federal tax provision (benefit) at 34% rate	$ 71,784	$ (24,027)
Municipal bond interest	(1,404)	(469)
Increase in cash surrender value of life insurance	(1,564)	(1,700)
State income tax	24,325	(26,402)
Income tax (benefit)	$ 93,141	$ (52,598)
Effective tax rate (benefit)	44.10%	(74.40%)

Note 14 - Income Taxes - Effe86

Note 14 - Income Taxes - Effective Income Tax Rate Reconciliation (Details) (Parentheticals)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
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, 2017	Mar. 31, 2016
Accrued pension costs	$ 23,900	$ 9,500
Allowance for loan losses	350,300	438,935
Directors’ benefit plans	138,500	131,500
Employee stock option	50,600	32,200
FASB 158 – unrecognized transition costs	87,800	91,100
Federal tax loss carryforward	1,016,400	1,050,900
State tax loss carryforward	360,200	372,800
Non accrual interest	28,000	15,000
Total deferred tax assets	2,055,700	2,141,935
Valuation allowance	(24,800)
Accumulated depreciation	(46,500)	(64,000)
Unrealized gains on securities available-for-sale	(2,450)	(11,400)
Total deferred tax liabilities	(48,950)	(75,400)
NET DEFERRED TAX ASSETS	$ 1,981,950	$ 2,066,535

Note 15 - Employee Benefits (De

Note 15 - Employee Benefits (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Defined Contribution Plan, Maximum Annual Contributions Per Employee, Percent	10.00%
Defined Contribution Plan, Employer Discretionary Contribution Amount	$ 0	$ 0

Note 16 - Board of Directors'89

Note 16 - Board of Directors' Retirement Plan (Details Textual) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016	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%
Pension Cost (Reversal of Cost)	$ 52,748	$ 59,196
Defined Benefit Plan, Expected Amortization, Next Fiscal Year	$ 0

Note 16 - Board of Directors'90

Note 16 - Board of Directors' Retirement Plan - Net Pension Expense (Details) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Service cost	$ 15,700	$ 18,012
Interest cost	22,896	23,276
Amortization of gain	14,152	17,908
Net amortization and deferral	0	0
Net periodic pension cost	$ 52,748	$ 59,196

Note 16 - Board of Directors'91

Note 16 - Board of Directors' Retirement Plan - Funded Status of Defined Benefit Pension Plan (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Accumulated benefit obligation	$ 537,500	$ 540,070
Projected benefit obligation	565,807	556,522	$ 599,324
Fair value of plan assets	0	0	$ 0
Unfunded projected benefit obligation	$ 565,807	$ 556,522

Note 16 - Board of Directors'92

Note 16 - Board of Directors' Retirement Plan - Projected Benefit Obligations (Details) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Projected benefit obligation at beginning of year	$ 556,522	$ 599,324
Service cost	15,700	18,012
Interest cost	22,896	23,276
Actuarial (gain) loss	5,916	(48,863)
Benefits paid	(35,227)	(35,227)
Benefit obligation at end of year	$ 565,807	$ 556,522

Note 16 - Board of Directors'93

Note 16 - Board of Directors' Retirement Plan - Changes in Plan Assets (Details) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Fair value of Plan assets at beginning of year	$ 0	$ 0
Actual return on Plan assets	0	0
Employer contributions	35,227	35,227
Benefits paid	(35,227)	(35,227)
Fair value of Plan assets at end of year	$ 0	$ 0

Note 16 - Board of Directors'94

Note 16 - Board of Directors' Retirement Plan - Actuarial Assumptions Used in Determining Pension Amounts (Details)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Discount rate for periodic pension cost	4.25%	4.00%
Discount rate for benefit obligation	4.25%	4.25%
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 Owne95

Note 17 - Employee Stock Ownership Plan (ESOP) (Details Textual)	Oct. 16, 2013shares	Oct. 31, 2013shares	Mar. 31, 2007shares	Mar. 31, 2008shares	Mar. 31, 2017shares	Mar. 31, 2016shares
Employee Stock Ownership Plan (ESOP), Shares in ESOP			64,081		60,240	60,240
Stock Issued During Period, Shares, Employee Stock Ownership Plan	23,644	23,644		64,081
Conversion of Stock Shares Converted Ratio	0.5711
ESOP Loan One [Member]
Maximum ESOP Loan Repayment Period			20 years
Debt Instrument, Interest Rate, Stated Percentage	3.25%		8.25%
ESOP Loan One [Member] | Refinanced [Member]
Maximum ESOP Loan Repayment Period	14 years
ESOP Loan Two [Member]
Maximum ESOP Loan Repayment Period	14 years
Debt Instrument, Interest Rate, Stated Percentage	3.25%

Note 17 - Employee Stock Owne96

Note 17 - Employee Stock Ownership Plan (ESOP) - Components of the ESOP (Details) - shares	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2007
Shares released for allocation (in shares)	25,053	21,534
Unearned shares (in shares)	35,187	38,706
Total ESOP shares (in shares)	60,240	60,240	64,081

Note 18 - Stock Based Compens97

Note 18 - Stock Based Compensation (Details Textual) - $ / shares	Oct. 16, 2013	May 19, 2008
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%
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

Note 18 - Stock Based Compens98

Note 18 - Stock Based Compensation - Equity Incentive Plan Activity (Details)	12 Months Ended
	Mar. 31, 2017$ / sharesshares
Restricted, Shaes (in shares) | shares	20,000
Restricted, Weighted average grant date fair value (in dollars per share) | $ / shares	$ 8.69
Granted, Shares (in shares) | shares
Granted, Weighted average grant date fair value (in dollars per share) | $ / shares
Vested, Shares (in shares) | shares
Vested, Weighted average grant date fair value (in dollars per share) | $ / shares
Forfeited, Shares (in shares) | shares
Forfeited, Weighted average grant date fair value (in dollars per share) | $ / shares
Restricted, Shaes (in shares) | shares	20,000
Restricted, Weighted average grant date fair value (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, 2017shares
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, 2017	Mar. 31, 2016
Net Income (Loss)	$ 117,989	$ (18,070)
Weighted average shares outstanding (in shares)	945,425	945,425
Adjusted average unearned ESOP shares (in shares)	(35,187)	(38,706)
Weighted average share outstanding - basic (in shares)	910,238	906,719
Effect of dilutive common stock equivalents (in shares)	5,312
Adjusted weighted average shares outstanding - dilutive (in shares)	915,550	906,719
Basic loss per share (in dollars per share)	$ 0.13	$ (0.02)
Diluted loss per share (in dollars per share)	$ 0.13	$ (0.02)

Note 20 - Fair Value Measure101

Note 20 - Fair Value Measurements - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Securities available for sale:
Available-for-sale Securities	$ 2,594,888	$ 2,150,093
US Government Agencies Debt Securities [Member]
Securities available for sale:
Available-for-sale Securities	500,032	497,247
Certificates of Deposit [Member]
Securities available for sale:
Available-for-sale Securities	2,007,628	1,530,854
Mutual Fund Shares [Member]
Securities available for sale:
Available-for-sale Securities	87,228	121,992
Fair Value, Measurements, Recurring [Member]
Securities available for sale:
Available-for-sale Securities	2,594,888	2,150,093
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale:
Available-for-sale Securities	2,594,888	2,150,093
Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member]
Securities available for sale:
Available-for-sale Securities	500,032	497,247
Fair Value, Measurements, Recurring [Member] | US Government Agencies Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale:
Available-for-sale Securities	500,032	497,247
Fair Value, Measurements, Recurring [Member] | Certificates of Deposit [Member]
Securities available for sale:
Available-for-sale Securities	2,007,628	1,530,854
Fair Value, Measurements, Recurring [Member] | Certificates of Deposit [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale:
Available-for-sale Securities	2,007,628	1,530,854
Fair Value, Measurements, Recurring [Member] | Mutual Fund Shares [Member]
Securities available for sale:
Available-for-sale Securities	87,228	121,992
Fair Value, Measurements, Recurring [Member] | Mutual Fund Shares [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available for sale:
Available-for-sale Securities	$ 87,228	$ 121,992

Note 20 - Fair Value Measure102

Note 20 - Fair Value Measurements - Assets and Liabilities Measured at Fair Value On a Non-recurring Basis (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Total		$ 6,729,286
Fair Value, Inputs, Level 3 [Member]
Total		6,729,286
Fair Value, Measurements, Nonrecurring [Member]
Total	$ 6,154,101
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member]
Total	6,154,101
Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans [Member]
Impaired loans	4,882,799	4,965,658
Fair Value, Measurements, Nonrecurring [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member]
Impaired loans	4,882,799	4,965,658
Fair Value, Measurements, Nonrecurring [Member] | Real Estate Owned [Member]
Real estate owned	1,271,302	1,763,628
Fair Value, Measurements, Nonrecurring [Member] | Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member]
Real estate owned	$ 1,271,302	$ 1,763,628

Note 20 - Fair Value Measure103

Note 20 - Fair Value Measurements - Valuation Processes Used to Determine Nonrecurring Fair Value Measurement Within Level 3 (Details) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Nonrecurring assets, fair value		$ 6,729,286
Fair Value, Inputs, Level 3 [Member]
Nonrecurring assets, fair value		6,729,286
Market Approach Valuation Technique [Member] | Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member]
Nonrecurring assets, fair value	$ 4,882,799	$ 4,965,658
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] | Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member]
Nonrecurring assets, fair value	$ 1,271,302	$ 1,763,628
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%

Note 20 - Fair Value of Financi

Note 20 - Fair Value of Financial Instruments - Estimated Fair Value of Assets and Liabilities (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Advances from Federal Home Loan Bank		$ 3,000,000
Advance payments by borrowers for taxes and insurance	500,485	433,034
Investment securities available-for-sale (amortized cost of $2,588,817 and $2,121,777 at March 31, 2017 and 2016, respectively)	2,594,888	2,150,093
Investment and mortgage backed securities held-to-maturity, fair value	21,797,695	21,706,150
Accrued interest receivable	378,243	369,138
Bank-owned life insurance	178,514	174,252
Reported Value Measurement [Member]
Deposits – non-interest bearing	11,703,567	12,054,146
Deposits – interest bearing	100,377,179	99,810,501
Advances from Federal Home Loan Bank		3,000,000
Accrued interest payable	6,273	5,830
Advance payments by borrowers for taxes and insurance	500,485	433,034
Cash and cash equivalents	6,998,543	12,127,388
Investment securities available-for-sale (amortized cost of $2,588,817 and $2,121,777 at March 31, 2017 and 2016, respectively)	2,588,817	2,121,777
Investment and mortgage backed securities held-to-maturity, fair value	22,622,835	21,584,538
Loans receivable, net	84,414,361	82,197,809
Accrued interest receivable	378,243	369,138
Federal Home Loan Bank stock	124,300	253,800
Bank-owned life insurance	178,514	174,252
Estimate of Fair Value Measurement [Member]
Deposits – non-interest bearing	11,703,567	12,054,146
Deposits – interest bearing	99,183,000	99,800,000
Advances from Federal Home Loan Bank		3,000,000
Accrued interest payable	6,273	5,830
Advance payments by borrowers for taxes and insurance	500,485	433,034
Cash and cash equivalents	6,998,543	12,127,388
Investment securities available-for-sale (amortized cost of $2,588,817 and $2,121,777 at March 31, 2017 and 2016, respectively)	2,594,888	2,150,093
Investment and mortgage backed securities held-to-maturity, fair value	21,797,695	21,639,610
Loans receivable, net	83,833,000	84,355,000
Accrued interest receivable	378,243	369,138
Federal Home Loan Bank stock	124,300	253,800
Bank-owned life insurance	178,514	174,252
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Deposits – non-interest bearing	11,703,567	12,054,146
Deposits – interest bearing
Advances from Federal Home Loan Bank		3,000,000
Accrued interest payable	6,273	5,830
Advance payments by borrowers for taxes and insurance	500,485	433,034
Cash and cash equivalents	6,998,543	12,127,388
Investment securities available-for-sale (amortized cost of $2,588,817 and $2,121,777 at March 31, 2017 and 2016, respectively)
Investment and mortgage backed securities held-to-maturity, fair value
Loans receivable, net
Accrued interest receivable	378,243	369,138
Federal Home Loan Bank stock	124,300	253,800
Bank-owned life insurance	178,514	174,252
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Deposits – non-interest bearing
Deposits – interest bearing	99,183,000	99,800,000
Advances from Federal Home Loan Bank
Advance payments by borrowers for taxes and insurance
Cash and cash equivalents
Investment securities available-for-sale (amortized cost of $2,588,817 and $2,121,777 at March 31, 2017 and 2016, respectively)	2,594,888	2,150,093
Investment and mortgage backed securities held-to-maturity, fair value	21,797,695	21,639,610
Loans receivable, net
Federal Home Loan Bank stock
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Deposits – non-interest bearing
Deposits – interest bearing
Advances from Federal Home Loan Bank
Accrued interest payable
Advance payments by borrowers for taxes and insurance
Cash and cash equivalents
Investment securities available-for-sale (amortized cost of $2,588,817 and $2,121,777 at March 31, 2017 and 2016, respectively)
Investment and mortgage backed securities held-to-maturity, fair value
Loans receivable, net	83,833,000	84,355,000
Accrued interest receivable
Federal Home Loan Bank stock
Bank-owned life insurance

Note 21 - Commitments and Co105

Note 21 - Commitments and Contingencies (Details Textual) - USD ($) $ in Thousands	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Guarantee Obligations [Member]
Loss Contingency, Loss in Period	$ 0	$ 0

Note 21 - Commitments and Co106

Note 21 - Commitments and Contingencies - Outstanding Commitment to Originate Loans (Details) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Financial instruments whose notional or contract amounts represent credit risk	$ 6,620,288	$ 7,468,635
Construction [Member]
Financial instruments whose notional or contract amounts represent credit risk	290,862
Unused Commercial Lines of Credit [Member]
Financial instruments whose notional or contract amounts represent credit risk	1,378,259	1,212,000
Unused Home Equity Lines of Credit [Member]
Financial instruments whose notional or contract amounts represent credit risk	4,255,673	4,969,000
Personal Lines of Credit [Member]
Financial instruments whose notional or contract amounts represent credit risk	494	635
Family 1 to 4Residential Mortgage Commitments [Member]
Financial instruments whose notional or contract amounts represent credit risk	528,000	1,232,000
Commercial Real Estate Mortgage Commitments [Member]
Financial instruments whose notional or contract amounts represent credit risk	112,000
Standby Letters of Credit 1 [Member]
Financial instruments whose notional or contract amounts represent credit risk	$ 55,000	$ 55,000

Note 22 - Related Party Tran107

Note 22 - Related Party Transactions (Details Textual) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Related Party Transaction, Amounts of Transaction	$ 150,678	$ 186,985

Note 23 - Regulatory Capital -

Note 23 - Regulatory Capital - The Bank's Actual and Required Capital Amounts and Ratios (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016
Total Capital (to Risk-Weighted Assets), Minimum to be Well Capitalized under Prompt Corrective Action Provisions Ratio	10.00%	10.00%
Tier 1 Capital (to Risk-Weighted Assets), Actual Amount	$ 11,489,000	$ 10,988,000
Tier 1 Capital (to Risk-Weighted Assets), Actual Ratio	16.34%	15.99%
Tier 1 Capital (to Risk-Weighted Assets), For Capital Adequacy Purposes Amount	$ 4,218,000	$ 4,124,000
Tier 1 Capital (to Risk-Weighted Assets), For Capital Adequacy Purposes Ratio	6.00%	6.00%
Tier 1 Capital (to Risk-Weighted Assets), Minimum to be Well Capitalized under Prompt Corrective Action Provisions Amount	$ 5,624,000	$ 5,498,000
Tier 1 Capital (to Risk-Weighted Assets), Minimum to be Well Capitalized under Prompt Corrective Action Provisions Ratio	8.00%	8.00%
Tier 1 Common (to Risk-Weighted Assets), Actual Amount	$ 11,489,000	$ 10,988,000
Tier 1 Common (to Risk-Weighted Assets), Actual Ratio	16.34%	15.99%
Tier 1 Common (to Risk-Weighted Assets), For Capital Adequacy Purposes Amount	$ 3,164,000	$ 3,092,000
Tier 1 Common (to Risk-Weighted Assets), For Capital Adequacy Purposes Ratio	4.50%	4.50%
Tier 1 Common (to Risk-Weighted Assets), Minimum to be Well Capitalized under Prompt Corrective Action Provisions Amount	$ 4,570,000	$ 4,467,000
Tier 1 Common (to Risk-Weighted Assets), Minimum to be Well Capitalized under Prompt Corrective Action Provisions Ratio	6.50%	6.50%
Tier 1 Capital (to Average Assets), Actual Amount	$ 11,489,000	$ 10,988,000
Tier 1 Capital (to Average Assets), Actual Ratio	9.23%	8.67%
Tier 1 Capital (to Average Assets), For Capital Adequacy Purposes Amount	$ 4,979,000	$ 5,068,000
Tier 1 Capital (to Average Assets), For Capital Adequacy Purposes Ratio	4.00%	4.00%
Tier 1 Capital (to Average Assets), Minimum to be Well Capitalized under Prompt Corrective Action Provisions Amount	$ 6,223,000	$ 6,335,000
Tier 1 Capital (to Average Assets), Minimum to be Well Capitalized under Prompt Corrective Action Provisions Ratio	5.00%	5.00%
Total Capital (to Risk-Weighted Assets), Actual Amount	$ 12,373,000	$ 11,859,000
Total Capital (to Risk-Weighted Assets), Actual Ratio	17.60%	17.26%
Total Capital (to Risk-Weighted Assets), For Capital Adequacy Purposes Amount	$ 5,624,000	$ 5,498,000
Total Capital (to Risk-Weighted Assets), For Capital Adequacy Purposes Ratio	8.00%	8.00%
Total Capital (to Risk-Weighted Assets), Minimum to be Well Capitalized under Prompt Corrective Action Provisions Amount	$ 7,030,000	$ 6,873,000

Note 24 - Regulatory Matters (D

Note 24 - Regulatory Matters (Details Textual)	Mar. 31, 2017	Mar. 31, 2016	Dec. 31, 2015
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	9.23%	8.67%
Tier One Risk Based Capital to Risk Weighted Assets	16.34%	15.99%
Capital to Risk Weighted Assets	17.60%	17.26%
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%

Note 25 - Changes in Accumul110

Note 25 - Changes in Accumulated Other Comprehensive Income (Loss) Balances - Changes in Accumulated Other Comprehensive Income (Loss) (Details) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Balance	$ (119,662)
Other comprehensive income before reclassification	(8,405)
Other comprehensive income (loss)	(8,405)	$ 73,194
Balance	(128,067)	(119,662)
Accumulated Net Investment Gain (Loss) Attributable to Parent [Member]
Balance	16,989
Other comprehensive income before reclassification	(13,347)
Other comprehensive income (loss)	(13,347)
Balance	3,642	16,989
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]
Balance	(136,651)
Other comprehensive income before reclassification	4,942
Other comprehensive income (loss)	4,942
Balance	$ (131,709)	$ (136,651)

Note 26 - Financial Informat111

Note 26 - Financial Information of Parent Company - Statement of Financial Condition (Parent Company Only) (Details) - USD ($)	Mar. 31, 2017	Mar. 31, 2016	Mar. 31, 2015
Assets
Cash and cash equivalents	$ 6,998,543	$ 12,127,388	$ 10,450,448
Deferred income taxes	1,981,950	2,066,535
Total assets	126,987,353	129,415,025
Stockholders’ Equity
Total stockholders’ equity	13,491,844	13,295,712	13,172,291
Total liabilities and stockholders’ equity	126,987,353	129,415,025
Parent Company [Member]
Assets
Cash and cash equivalents	399,459	480,129	$ 460,783
Investment in Bank	9,586,332	9,536,490
Deferred income taxes	50,582	32,219
Total assets	10,036,373	10,048,838
Stockholders’ Equity
Total stockholders’ equity	10,036,373	10,048,838
Total liabilities and stockholders’ equity	$ 10,036,373	$ 10,048,838

Note 26 - Financial Informat112

Note 26 - Financial Information of Parent Company - Income Statement and Cash Flow (Parent Company Only) (Details) - USD ($)	12 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Share based compensation expense	$ 45,907	$ 35,220
Operating activities:
Loans, including fees	3,519,928	3,600,437
Salaries and employee benefits	1,611,324	1,659,019
Total expense	3,583,855	4,006,339
Loss before income tax benefit and equity in undistributed net loss of subsidiary	211,130	(70,668)
Income tax (benefit)	93,141	(52,598)
Net income (loss)	117,989	(18,070)
Net cash used in operating activities	741,898	404,033
Investing activities:
Net cash used in investing activities	(3,154,293)	493,701
Financing activities:
Net cash provided by financing activities	(2,716,450)	779,206
Net increase (decrease) in cash and cash equivalents	(5,128,845)	1,676,940
Cash and Cash Equivalents, Beginning of Year	12,127,388	10,450,448
Cash and Cash Equivalents, End of Year	6,998,543	12,127,388
Parent Company [Member]
Adjustments to reconcile net income (loss) to net cash used in operating activities:
Share based compensation expense	45,907	35,220
Operating activities:
Loans, including fees	19,142	20,556
Other interest income	440	456
Total income	19,582	21,012
Management fee	45,000	45,000
Salaries and employee benefits	45,907	35,220
Total expense	90,907	80,220
Loss before income tax benefit and equity in undistributed net loss of subsidiary	(71,325)	(59,208)
Equity in undistributed net income of subsidiary	171,451	27,549
Income tax (benefit)	17,863	13,589
Net income (loss)	117,989	(18,070)
Undistributed net income of subsidiary	(171,451)	(27,549)
Increase in deferred income taxes	(18,363)	(14,089)
Net cash used in operating activities	(25,918)	(24,488)
Investing activities:
Distribution to subsidiary	(100,000)
Net cash used in investing activities	(100,000)
Financing activities:
Proceeds from ESOP loan	45,248	43,834
Net cash provided by financing activities	45,248	43,834
Net increase (decrease) in cash and cash equivalents	(80,670)	19,346
Cash and Cash Equivalents, Beginning of Year	480,129	460,783
Cash and Cash Equivalents, End of Year	$ 399,459	$ 480,129