Delanco Bancorp 10-Q 14 Aug 17 2018 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Jun. 30, 2017	Aug. 07, 2017
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
Document Type	10-Q
Document Period End Date	Jun. 30, 2017
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1
Amendment Flag	false

Consolidated Statements of Fina

Consolidated Statements of Financial Condition (Current Period Unaudited) - USD ($)	Jun. 30, 2017	Mar. 31, 2017
ASSETS
Cash and amounts due from banks	$ 390,772	$ 511,355
Interest-bearing deposits	6,825,755	6,487,188
Total cash and cash equivalents	7,216,527	6,998,543
Investment Securities
Securities available-for-sale (amortized cost of $2,582,944 and $2,588,817 at June 30, 2017 and March 31, 2017, respectively)	2,591,470	2,594,888
Securities held-to-maturity (fair value $21,954,235 and $21,797,695 at June 30, 2017 and March 31, 2017, respectively)	22,575,925	22,622,835
Total investment securities	25,167,395	25,217,723
Loans, net of allowance for loan losses of $1,005,316 at June 30, 2017 (unaudited), $1,001,449 at March 31, 2017	83,825,378	84,414,361
Accrued interest receivable	356,505	378,243
Real estate owned	1,219,083	1,271,302
Federal Home Loan Bank, at cost	122,400	124,300
Premises and equipment, net	5,995,473	6,047,703
Deferred income taxes	1,906,470	1,981,950
Bank-owned life insurance	178,514	178,514
Other assets	268,487	374,714
Total assets	126,256,232	126,987,353
LIABILITIES
Non-interest bearing deposits	10,661,622	11,703,567
Interest bearing deposits	100,534,848	100,377,179
Total deposits	111,196,470	112,080,746
Accrued interest payable	5,762	6,273
Advance payments by borrowers for taxes and insurance	526,770	500,485
Other liabilities	966,516	908,005
Total liabilities	112,695,518	113,495,509
COMMITMENTS AND CONTINGENCIES
STOCKHOLDERS’ EQUITY
Preferred stock, $.01 par value, 5,000,000 authorized at June 30, 2017 and March 31, 2017, no shares issued
Common stock, $.01 par value, 20,000,000 shares authorized; 945,425 shares issued and outstanding at June 30, 2017 and March 31, 2017	9,454	9,454
Additional paid-in capital	10,040,983	10,029,506
Retained earnings, substantially restricted	4,092,385	4,036,465
Unearned common stock held by employee stock ownership plan	(455,514)	(455,514)
Accumulated other comprehensive (loss)	(126,594)	(128,067)
Total stockholder’s equity	13,560,714	13,491,844
Total liabilities and stockholders’ equity	$ 126,256,232	$ 126,987,353

Consolidated Statements of Fin3

Consolidated Statements of Financial Condition (Current Period Unaudited) (Parentheticals) - USD ($)	Jun. 30, 2017	Mar. 31, 2017
Investment securities available-for-sale, amortized cost	$ 2,582,944	$ 2,588,817
Investment and mortgage backed securities held-to-maturity, fair value	21,954,235	21,797,695
Loans, allowance for loan losses	$ 1,005,316	$ 1,001,449
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)		5,000,000
Preferred stock, shares issued (in shares)		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 Inco

Consolidated Statements of Income (Unaudited) - USD ($)	3 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
INTEREST INCOME
Loans	$ 898,979	$ 892,478
Investment securities	157,521	174,933
Total interest income	1,056,500	1,067,411
INTEREST EXPENSE
Interest-bearing checking accounts	8,338	10,741
Passbook and money market accounts	30,977	29,667
Certificates of deposits	84,295	91,440
Federal Home Loan Bank Advances	15	2,748
Total interest expense	123,625	134,596
Net interest income	932,875	932,815
Recapture of loan loss	(20,000)	(48,000)
Net interest income after recapture for loan losses	952,875	980,815
NON-INTEREST INCOME
(Loss) on sale of real estate owned		(5,532)
Gain on sale of an asset	71,516
Service charges	29,020	32,835
Rental income	9,600	12,435
Other	4,107	3,480
Total non-interest income	114,243	43,218
NON-INTEREST EXPENSE
Salaries and employee benefits	410,376	397,028
Advertising	4,218	4,565
Office supplies, telephone and postage	26,100	25,232
Loan expenses	13,373	28,376
Net occupancy expense	141,094	143,376
Real estate loss reserve	52,218	13,100
Federal insurance premiums	22,031	42,798
Data processing expenses	61,817	64,614
ATM expenses	11,443	6,305
Bank charges and fees	22,141	21,493
Insurance and surety bond premiums	20,621	21,107
Dues and subscriptions	7,238	11,529
Professional fees	80,783	54,851
Real Estate Owned expense	27,980	32,585
Other	36,517	34,162
Total non-interest expense	937,950	901,121
INCOME BEFORE INCOME TAX EXPENSE	129,168	122,912
Income tax expense	73,248	63,095
NET INCOME	$ 55,920	$ 59,817
INCOME PER COMMON SHARE (in dollars per share)	$ 0.06	$ 0.07

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) - USD ($)	3 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Net Income	$ 55,920	$ 59,817
Unrealized holding gain (loss), net of deferred tax (benefit) of 3,411 and $16,918 in 2017 and 2016	1,473	8,388
Total other comprehensive income	$ 57,393	$ 68,205

Consolidated Statements of Com6

Consolidated Statements of Comprehensive Income (Loss) (Unaudited) (Parentheticals) - USD ($)	3 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Unrealized holding gains, deferred tax	$ 3,411	$ 16,918

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity (Unaudited) - 3 months ended Jun. 30, 2017 - USD ($)	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Unearned Employee Stock Ownership Plan [Member]	AOCI Attributable to Parent [Member]	Total
Balance (in shares) at Mar. 31, 2017	945,425
Balance at Mar. 31, 2017	$ 9,454	$ 10,029,506	$ 4,036,465	$ (455,514)	$ (128,067)	$ 13,491,844
Net Income			55,920			55,920
Balance at Jun. 30, 2017	9,454	10,040,983	4,092,385	(455,514)	(126,594)	13,560,714
Other comprehensive income, net of tax:					1,473	1,473
Employee stock option expense		$ 11,477				$ 11,477
Balance (in shares) at Jun. 30, 2017	945,425

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($)	3 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Cash flow from operating activities
Net Income	$ 55,920	$ 59,817
Adjustments to reconcile net income to net cash provided by operating activities:
Deferred income taxes	74,498	61,894
Depreciation	58,629	66,152
Discount accretion net of premium amortization	121	(26,763)
Recapture of loan loss	(20,000)	(48,000)
Loss on sale of real estate owned		5,532
Gain on sale of an asset	(71,516)
Compensation expense for stock options	11,477	8,805
(Increase) decrease in:
Accrued interest receivable	21,738	42,986
Other assets	106,227	98,178
Increase (decrease) in:
Accrued interest payable	(511)	(530)
Other liabilities	58,511	139,163
Net cash provided by operating activities	295,094	407,234
Cash flows from investing activities
Proceeds of securities available for sale	505,873	5,822
Purchases of securities available for sale	(500,000)	(500,000)
Purchases of securities held-to-maturity		(7,500,000)
Proceeds from maturities and principal repayments of securities held-to-maturity	46,789	13,875,845
Redemption of investment required by law – stock in Federal Home Loan Bank	1,900	84,500
Proceeds from sale of real estate owned		284,233
Net (increase) in loans	732,718	(1,362,764)
Purchases of premises and equipment	(6,399)	(5,545)
Net cash provided by(used in) investing activities	780,881	4,882,091
Cash flows from financing activities
(Decrease) in deposits	(884,276)	(399,996)
Increase in advance payments by borrowers for taxes and insurance	26,285	20,203
(Decrease) in Federal Home Loan Bank Advances		(2,000,000)
Net cash used in financing activities	(857,991)	(2,379,793)
Net (decrease) increase in cash and cash equivalents	217,984	2,909,532
Cash and cash equivalents, beginning of the period	6,998,543	12,127,388
Cash and cash equivalents, end of period	7,216,527	15,036,920
Supplemental Disclosures:
Cash paid during the period for interest	135,217	142,978
Cash paid during the period for income taxes	2,500	2,500
Loans transferred to foreclosed real estate during the period		110,624
Net change in unrealized gain (loss) on securities available-for-sale net of tax	$ 1,473	$ 8,388

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation	3 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Basis of Accounting [Text Block]	( 1 Basis of Presentation On October 16, 2013, 525,423 420,002 $3,280,000, $923,000. The accompanying unaudited consolidated financial statements have been prepared in accordance with instructions for Form 10 not three June 30, 2017 not may 10 March 31, 2017.

Note 2 - Use of Estimates

Note 2 - Use of Estimates	3 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Use of Estimates [Text Block]	( 2 Use of Estimates The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and the disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of income and expenses during the reporting period. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to the determination of the allowance for losses on loans and the evaluation of deferred taxes.

Note 3 - Deferred Income Taxes

Note 3 - Deferred Income Taxes	3 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Income Tax Disclosure [Text Block]	( 4 Income Taxes The Bank accounts for uncertainties in income taxes in accordance with Financial ASC Topic 740 740 740 no Tax year 2016 2014 2016 .
Deferred Income Taxes [Member]
Notes to Financial Statements
Income Tax Disclosure [Text Block]	( 3 Deferred Income Taxes We use the asset and liability method of accounting for income taxes. 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. We exercise significant judgment in evaluating the amount and timing of recognition of the resulting tax liabilities and assets. These judgments require us to make projections of future taxable income. The judgments and estimates we make in determining our deferred tax assets, which are inherently subjective, are reviewed on a continual basis as regulatory and business factors change. The calculation of deferred taxes for GAAP capital differs from the calculation of deferred taxes for regulatory capital. For regulatory capital, deferred tax assets that are dependent upon future taxable income for realization are limited to the lesser of either the amount of deferred tax assets that the institution expects to realize within one 10% 113

Note 4 - Income Taxes

Note 4 - Income Taxes	3 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Income Tax Disclosure [Text Block]	( 4 Income Taxes The Bank accounts for uncertainties in income taxes in accordance with Financial ASC Topic 740 740 740 no Tax year 2016 2014 2016 .

Note 5 - Earnings Per Share

Note 5 - Earnings Per Share	3 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Earnings Per Share [Text Block]	( 5 Earnings Per Share Basic earnings per share (“EPS”) are computed by dividing income available to common stockholders by the weighted average number of common shares outstanding for the period. Diluted EPS reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the entity. The difference between the common shares issued and the common shares outstanding for the purposes of calculating basic EPS is a result of the unallocated ESOP shares. The calculated basic and dilutive EPS are as follows: Three Months Ended June 30, 2017 2016 Numerator $ 55,920 $ 59,817 Denominators: Basic shares outstanding 910,239 906,720 Effect of dilutive securities 7,449 3,290 Dilutive shares outstanding 917,688 910,010 Earnings per share: Basic $ 0.06 $ 0.07 Dilutive $ 0.06 $ 0.07

Note 6 - Regulatory Matters

Note 6 - Regulatory Matters	3 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Legal Matters and Contingencies [Text Block]	( 6 Regulatory Agreement On December 17, 2012, 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. We have submitted strategic and capital plans to the OCC and have developed the other plans and policies required by the written agreement. The written agreement will remain in effect until terminated, modified, or suspended in writing by the OCC. The Agreement does not 1 8%, 1 12% 13%. 1 1 June 30, 2017 9.26%, 16.52% 17.78%,

Note 7 - Recent Accounting Pron

Note 7 - Recent Accounting Pronouncements	3 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	( 7 Recent Accounting Pronouncements 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: 230 230, 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 8 - Fair Value of Financia

Note 8 - Fair Value of Financial Instruments	3 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Fair Value, Measurement Inputs, Disclosure [Text Block]	( 8 Fair Value of Financial Instruments ASC Topic 820 10 820 not 820 10 not ASC Topic 820 three ● Level 1 Level 1 ● Level 2 Level 2 1 2 not ● Level 3 Level 3 Assets and liabilities measured at fair value on a recurring basis are summarized below (dollars in thousands): Fair Value Measurements at Reporting Date Using Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Other Unobservable Inputs (Level 3) June 30, 2017 Available-for-sale securities $ − $ 2,591 $ − March 31, 2017 Available-for-sale securities $ − $ 2,595 $ − Assets and Liabilities on a Non-Recurring Basis Assets and liabilities measured at fair value on a non-recurring basis at June 30, 2017 March 31, 2017 Fair Value Measurements at Reporting Date Using Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Other Unobservable Inputs (Level 3) June 30, 2017 Impaired loans $ − $ − $ 4,533 Real estate owned − − 1,219 Total $ − $ − $ 5,752 March 31, 2017 Impaired loans $ − $ − $ 4,883 Real estate owned − − 1,271 Total $ − $ − $ 6,154 The fair value of impaired loans and real estate owned is generally based on recent real estate appraisals. These appraisals may A financial instrument’s level within the fair value hierarchy is based upon the lowest level of any input significant to the fair value measurement. As required by ASC Topic 825 10 65, June 30, 2017 March 31, 2017 June 30, 2017 Carrying Amount Level 1 Level 2 Level 3 (Dollars in Thousands) Financial Assets: Cash and cash equivalents $ 7,217 $ 7,217 $ − $ − Investment securities-available for sale 2,583 − 2,951 − Investment securities-held to maturity 22,576 − 21,954 − Loans receivable – net 83,825 − − 84,235 FHLB stock 122 122 − − Accrued interest receivable 357 357 − − Bank–owned life insurance 179 179 − − Real estate owned 1,219 − − 1,219 Total financial assets $ 118,078 $ 7,875 $ 24,905 $ 85,454 Financial Liabilities: Deposits- non-interest bearing $ 10,662 $ 10,662 $ − $ − Deposits – interest bearing 100,535 − 100,225 − Advances from Federal Home Loan Bank − − − − Advance payments by borrowers for taxes and insurance 527 527 − − Accrued interest payable 6 6 − − Total financial liabilities $ 111,730 $ 11,195 $ 100,225 $ − March 31, 2017 Carrying Amount Level 1 Level 2 Level 3 (Dollars in Thousands) Financial Assets: Cash and cash equivalents $ 6,999 $ 6,999 $ − $ − Investment securities-available for sale 2,589 − 2,595 − Investment securities-held to maturity 22,623 − 21,798 − Loans receivable,– net 84,414 − − 83,833 FHLB stock 124 124 − − Accrued interest receivable 378 378 − − Bank-owned life insurance 179 179 − − Real estate owned 1,271 − − 1,271 Total financial assets $ 118,577 $ 7,680 $ 24,393 $ 85,104 Financial Liabilities: Deposits-non-interest bearing $ 11,704 $ 11,704 $ − $ − Deposits-interest bearing 100,377 − 99,183 − Advances from Federal Home Loan Bank − − − − Advance payments by borrowers for taxes and insurance 500 500 − − Accrued interest payable 6 6 − − Total financial liabilities $ 112,587 $ 12,210 $ 99,183 $ − Off-balance sheet instruments Off-balance sheet instruments are primarily comprised of loan commitments and unfunded lines of credit which are generally priced at market rate at the time of funding. Therefore, these instruments have nominal value prior to funding. June 30, 2017 March 31, 2017 Contract Value Estimated Fair Value Contract Value Estimated Fair Value Off-balance sheet instruments Commitments to extend credit $ 6,682 $ − $ 6,620 $ −

Note 9 - Loans

Note 9 - Loans	3 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	9 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 30 may 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. 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 Consumer loans include installment loans and home equity loans, secured by first second first second 80% Loans at June 30, 2017 March 31, 2017 June 30, March 31, 2017 2017 Residential (one-to four-family) real estate $ 60,471 $ 61,419 Multi-family and commercial real estate 11,677 12,071 Commercial 2,194 1,858 Home equity 9,021 8,812 Consumer 615 637 Construction 912 680 Total loans 84,890 85,477 Net deferred loan origination fees (60 ) (62 ) Allowance for loan losses (1,005 ) (1,001 ) Loans, net $ 83,825 $ 84,414 The Bank is subject to a loans-to- one 15% June 30, 2017, one $1.9 10% $1.3 may June 30, 2017, 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 Bank continues to work with its borrowers where possible and is pursuing legal action where the ability to work with the borrower does not June 30, 2017, six $864 The following table represents loans by credit quality indicator at June 30, 2017 ( Pass Special Mention Loans Classified Loans Non- Performing Loans Total Residential real estate $ 57,866 $ − $ − $ 2,605 $ 60,471 Multi-family and commercial real estate 10,594 − 169 914 11,677 Commercial 1,989 − 34 171 2,194 Home equity 8,740 − − 281 9,021 Consumer 615 − − − 615 Construction 860 − − 52 912 $ 80,664 $ − $ 203 $ 4,023 $ 84,890 The following table represents past-due loans as of June 30, 2017 ( 30-59 Days Past Due 60- 89 Days Past Due Greater than 90 Days Past Due Total Past Due Current Total Loan Balances Residential real estate $ 487 $ 294 $ 1,543 $ 2,324 $ 58,147 $ 60,471 Multi-family and commercial real estate 239 355 626 1,220 10,457 11,677 Commercial − − 171 171 2,023 2,194 Home Equity 40 − 186 226 8,795 9,021 Consumer 40 − − 40 575 615 Construction − − − − 912 912 Total Loans $ 806 $ 649 $ 2,526 $ 3,981 $ 80,909 $ 84,890 Percentage of Total Loans 0.9 % 0.8 % 3.0 % 4.7 % 95.3 % 100.0 % 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 June 30, 2017, 16 $2.7 17 $3.2 March 31, 2017. $4.6 three June 30, 2017 $5.1 March 31, 2017, three June 30, 2017 $41 $173 March 31, 2017 . The following table represents data on impaired loans at June 30, 2017 March 31, 2017 ( June 30, 2017 March 31, 2017 Impaired loans for which a valuation allowance has been provided $ − $ − Impaired loans for which no valuation allowance has been provided 4,620 4,883 Total loans determined to be impaired 4,620 4,883 Allowance for loans losses related to impaired loans − − Average recorded investment in impaired loans 4,691 5,225 Cash basis interest income recognized on impaired Loans $ 41 $ 173 The following table presents impaired loans by portfolio class at June 30, 2017 ( Recorded Investment Unpaid Principal Balance Related Valuation Allowance Average Recorded Investment Interest Income Recognized While On Impaired Statues Impaired loans with no valuation allowance: Residential real estate $ 2,293 $ 2,232 $ − $ 2,295 $ 16 Multi-family and commercial real estate 1,890 1,884 − 1,892 20 Commercial 171 171 − 171 3 Home equity 281 281 − 281 1 Consumer − − − − − Construction 56 52 − 56 1 Total $ 4,691 $ 4,620 $ − $ 4,695 $ 41 The following table presents impaired loans by portfolio class with no March 31, 2017 ( Recorded Investment Unpaid Principal Balance Related Valuation Allowance Average Recorded Investment Interest Income Recognized While On Impaired Statues Impaired loans with no valuation allowance: Residential real estate $ 2,289 $ 2,239 $ − $ 2,711 $ 60 Multi-family and commercial real estate 2,162 2,141 − 2,060 94 Commercial 171 171 − 153 9 Home equity 283 279 − 242 7 Consumer − − − 1 − Construction 57 53 − 58 3 Subtotal $ 4,963 $ 4,883 $ − $ 5,225 $ 173 The following table represents nonaccrual loans as of June 30, 2017 March 31, 2017 ( June 30, 2017 March 31, 2017 Non-accrual loans: Residential real estate $ 1,179 $ 1,180 Multi-family and commercial real estate 252 506 Commercial 171 172 Consumer − − Home equity 55 53 Construction − − Total non-accrual loans 1,657 1,911 Accruing loans past due 90 days or more: Residential real estate $ − $ − Multi-family and commercial real estate − − Commercial − − Consumer − − Home Equity − − Construction − − Total accruing loans past due 90 days or more − − Troubled debt restructurings: In non-accrual status: Residential real estate $ 738 $ 740 Multi-family and commercial real estate 186 425 Commercial − − Consumer − − Home Equity 131 131 Construction − − Total troubled debt restructurings in non-accrual status 1,055 1,296 Performing under modified terms: Residential real estate 688 693 Multi-family and commercial real estate 476 240 Commercial − − Consumer − − Home Equity 95 95 Construction 52 52 Total troubled debt restructurings performing under modified terms: 1,311 1,080 Total troubled debt restructurings 2,366 2,376 Total non-performing loans 4,023 4,287 Real estate owned 1,219 1,271 Total non-performing assets 5,242 5,558 Non-performing loans as a percentage of loans 4.74 % 5.02 % Non-performing assets as a percentage of loans and real estate owned 6.09 % 6.41 % Non-performing assets as percentage of total assets 4.15 % 4.38 % During the three June 30, 2017, $495 $253 one $239 $4 $2 The following table presents troubled debt restructurings that occurred during the periods ended June 30, 2017 March 31, 2017 three 12 June 30, 2017 March 31, 2017 Outstanding Recorded Outstanding Recorded Number of Pre-Modification Post- Number of Pre-Modification Post- Troubled debt restructurings: Residential real estate − $ − $ − 1 $ 77 $ 96 Number of Recorded Investment Number of Recorded Investment Troubled debt restructurings that subsequently defaulted: Residential real estate − $ − − $ − The following table presents the changes in real estate owned (REO), net of valuation allowance, for the periods ended June 30, 2017 March 31, 2017: June 30, March 31, 2017 2017 Balance, beginning of period $ 1,271 $ 1,763 Additions from loan foreclosures − 500 Additions from capitalized costs − 26 Dispositions of REO − (922 ) Gain (loss) on sale of REO − (34 ) Valuation adjustments in the period (52 ) (62 ) Balance, end of period $ 1,219 $ 1,271 The following table presents the changes in fair value adjustments to REO for the periods ended June 30, 2017 March 31, 2017: June 30, March 31, 2017 2017 Balance, beginning of period $ 104 $ 227 Valuation adjustments added in the period 52 62 Valuation adjustments on disposed properties during the period − (185 ) Balance, end of period $ 156 $ 104 The following table sets forth with respect to the Bank’s allowance for losses on loans (dollars in thousands): June 30, 2017 March 31, 2017 Balance at beginning of period $ 1,001 $ 1,099 Provision: Commercial − (45 ) Commercial real estate (20 ) (61 ) Residential real estate − 98 Home Equity − 29 Consumer − (45 ) Construction − 2 Total Provision (20 ) (22 ) Charge-Offs: Commercial − − Commercial Real Estate − 71 Residential real estate − 102 Home Equity − 42 Consumer − Recoveries (24 ) (139 ) Total Net Charge-Offs (24 ) 76 Balance at end of period $ 1,005 $ 1,001 Period-end loans outstanding $ 84,890 $ 85,477 Average loans outstanding $ 85,435 $ 84,426 Allowance as a percentage of period-end loans 1.18 % 1.17 % Net charge-offs as a percentage of average loans (0.03 %) 0.09 % Additional details for changes in the allowance for loan by loan portfolio as of June 30, 2017 Allowance for Loan Losses Commercial Commercial Real Estate Residential Real Estate Home Equity Consumer Construction Total Balance, beginning of year $ 64 $ 274 $ 575 $ 74 $ 12 $ 2 $ 1,001 Loan charge-offs − − − − − − − Recoveries 1 17 4 − 2 − 24 Provision for loan losses − (20 ) − − − − (20 ) Balance, end of period $ 65 $ 271 $ 579 $ 74 $ 14 $ 2 $ 1,005 Ending balance for loans individually evaluated for impairment − − − − − − − Ending balance for loans collectively evaluated for impairment $ 65 $ 271 $ 579 $ 74 $ 14 $ 2 $ 1,005 Loans receivable: Ending balance $ 2,194 $ 11,677 $ 60,471 $ 9,021 $ 615 $ 912 $ 84,890 Ending balance: loans individually evaluated for impairment $ 187 $ 1,407 $ 2,373 $ 514 $ − $ 52 $ 4,533 Ending balance: loans collectively evaluated for impairment $ 2,007 $ 10,270 $ 58,098 $ 8,507 $ 615 $ 860 $ 80,357 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. 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 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. For the three June 30, 2017, no one one $40 three $175 March 31, 2017. At June 30, 2017, 1.18% $316 March 31, 2017, 4.15% June 30, 2017 4.38% March 31, 2017 . The Bank’s charge-off policy states that any asset classified loss shall be charged-off within thirty may

Note 10 - Investment Securities

Note 10 - Investment Securities	3 Months Ended
	Jun. 30, 2017
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	( 10 Investment Securities Investment securities have been classified according to management’s intent. The amortized cost of securities and their approximate fair values as of June 30, 2017 March 31, 2017 Held-to-Maturity June 30, 2017 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (Dollars in Thousands) U.S. Government Agency Bonds $ 20,418 $ − $ (659 ) $ 19,759 Municipal Bond 1,536 − (1 ) 1,535 Mortgage-Backed Securities 622 38 − 660 Total $ 22,576 $ 38 $ (660 ) $ 21,954 Held-to-Maturity March 31, 2017 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (Dollars in Thousands) U.S. Government Agency Bonds $ 20,418 $ − $ (865 ) $ 19,553 Municipal Bond 1,536 − (3 ) 1,533 Mortgage-backed securities: 669 58 (15 ) 712 Total $ 22,623 $ 58 $ (883 ) $ 21,798 Available for Sale June 30, 2017 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Certificate of deposit 2,500 9 − 2,509 Mutual Fund Shares 83 − (1 ) 82 $ 2,583 $ 9 $ (1 ) $ 2,591 Available-for-Sale March 31, 2017 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value U.S .Government Agency Bonds $ 500 $ − $ − $ 500 Certificates of Deposit 2,000 8 − 2,008 Mutual Fund Shares 89 − (2 ) 87 Total $ 2,589 $ 8 $ (2 ) $ 2,595 The following is a summary of maturities of securities held-to-maturity and available-for-sale as of June 30, 2017 March 31, 2017: June 30, 2017 Held to Maturity Available for Sale (Dollars in Thousands) Amortized Cost Fair Value Amortized Cost Fair Value Amounts maturing in: One year or less $ 1,539 $ 1,535 $ 500 500 After one year through five years 500 497 2,000 2,009 After five years through ten years 8,555 8,330 − − After ten years 11,982 11,592 − − Equity securities − − 83 82 $ 22,576 $ 21,954 $ 2,583 $ 2,591 March 31, 2017 Held to Maturity Available for Sale (Dollars in Thousands) Amortized Cost Fair Value Amortized Cost Fair Value Amounts maturing in: One year or less $ 1,536 $ 1,534 − − After one year through five years 500 497 − − After five years through ten years 8,573 8,292 2,000 2,008 After ten years 12,014 11,475 500 500 Mutual fund shares − − 89 87 $ 22,623 $ 21,798 $ 2,589 $ 2,595 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 June 30, 2017 March 31, 2017, 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 June 30, 2017 Value Losses Value Losses Value Losses U.S Government Agency Bonds 19,759 (659 ) − − 19,759 (659 ) Municipal Bonds 1,535 (1 ) − − 1,535 (1 ) Total $ 21,294 $ (660 ) − − 21,294 (660 ) 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 $ 19,553 $ (864 ) $ − $ − $ 19,553 $ (864 ) Certificates of deposit 249 (1 ) − − 249 (1 ) Municipal Bonds 1,536 (3 ) − − 1,536 (3 ) Mutual fund shares − − 87 (2 ) 87 (2 ) Mortgage –Backed Securities: − − 216 (15 ) 216 (15 ) Total 21,338 (868 ) 303 (17 ) 21,641 (885 ) Management evaluates securities for other-than-temporary impairment at least on a quarterly basis, and more frequently when economic or market concerns warrant such evaluation. Consideration is given to ( 1 2 3 At June 30, 2017, 39 3.0% no

Note 5 - Earnings Per Share (Ta

Note 5 - Earnings Per Share (Tables)	3 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended June 30, 2017 2016 Numerator $ 55,920 $ 59,817 Denominators: Basic shares outstanding 910,239 906,720 Effect of dilutive securities 7,449 3,290 Dilutive shares outstanding 917,688 910,010 Earnings per share: Basic $ 0.06 $ 0.07 Dilutive $ 0.06 $ 0.07

Note 8 - Fair Value of Financ20

Note 8 - Fair Value of Financial Instruments (Tables)	3 Months Ended
	Jun. 30, 2017
Notes Tables
Fair Value, Assets Measured on Recurring Basis [Table Text Block]	Fair Value Measurements at Reporting Date Using Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Other Unobservable Inputs (Level 3) June 30, 2017 Available-for-sale securities $ − $ 2,591 $ − March 31, 2017 Available-for-sale securities $ − $ 2,595 $ −
Fair Value Measurements, Nonrecurring [Table Text Block]	Fair Value Measurements at Reporting Date Using Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Other Unobservable Inputs (Level 3) June 30, 2017 Impaired loans $ − $ − $ 4,533 Real estate owned − − 1,219 Total $ − $ − $ 5,752 March 31, 2017 Impaired loans $ − $ − $ 4,883 Real estate owned − − 1,271 Total $ − $ − $ 6,154
Fair Value, by Balance Sheet Grouping [Table Text Block]	June 30, 2017 Carrying Amount Level 1 Level 2 Level 3 (Dollars in Thousands) Financial Assets: Cash and cash equivalents $ 7,217 $ 7,217 $ − $ − Investment securities-available for sale 2,583 − 2,951 − Investment securities-held to maturity 22,576 − 21,954 − Loans receivable – net 83,825 − − 84,235 FHLB stock 122 122 − − Accrued interest receivable 357 357 − − Bank–owned life insurance 179 179 − − Real estate owned 1,219 − − 1,219 Total financial assets $ 118,078 $ 7,875 $ 24,905 $ 85,454 Financial Liabilities: Deposits- non-interest bearing $ 10,662 $ 10,662 $ − $ − Deposits – interest bearing 100,535 − 100,225 − Advances from Federal Home Loan Bank − − − − Advance payments by borrowers for taxes and insurance 527 527 − − Accrued interest payable 6 6 − − Total financial liabilities $ 111,730 $ 11,195 $ 100,225 $ − March 31, 2017 Carrying Amount Level 1 Level 2 Level 3 (Dollars in Thousands) Financial Assets: Cash and cash equivalents $ 6,999 $ 6,999 $ − $ − Investment securities-available for sale 2,589 − 2,595 − Investment securities-held to maturity 22,623 − 21,798 − Loans receivable,– net 84,414 − − 83,833 FHLB stock 124 124 − − Accrued interest receivable 378 378 − − Bank-owned life insurance 179 179 − − Real estate owned 1,271 − − 1,271 Total financial assets $ 118,577 $ 7,680 $ 24,393 $ 85,104 Financial Liabilities: Deposits-non-interest bearing $ 11,704 $ 11,704 $ − $ − Deposits-interest bearing 100,377 − 99,183 − Advances from Federal Home Loan Bank − − − − Advance payments by borrowers for taxes and insurance 500 500 − − Accrued interest payable 6 6 − − Total financial liabilities $ 112,587 $ 12,210 $ 99,183 $ −
Schedule of Fair Value, Off-balance Sheet Risks [Table Text Block]	June 30, 2017 March 31, 2017 Contract Value Estimated Fair Value Contract Value Estimated Fair Value Off-balance sheet instruments Commitments to extend credit $ 6,682 $ − $ 6,620 $ −

Note 9 - Loans (Tables)

Note 9 - Loans (Tables)	3 Months Ended
	Jun. 30, 2017
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	June 30, March 31, 2017 2017 Residential (one-to four-family) real estate $ 60,471 $ 61,419 Multi-family and commercial real estate 11,677 12,071 Commercial 2,194 1,858 Home equity 9,021 8,812 Consumer 615 637 Construction 912 680 Total loans 84,890 85,477 Net deferred loan origination fees (60 ) (62 ) Allowance for loan losses (1,005 ) (1,001 ) Loans, net $ 83,825 $ 84,414
Financing Receivable Credit Quality Indicators [Table Text Block]	Pass Special Mention Loans Classified Loans Non- Performing Loans Total Residential real estate $ 57,866 $ − $ − $ 2,605 $ 60,471 Multi-family and commercial real estate 10,594 − 169 914 11,677 Commercial 1,989 − 34 171 2,194 Home equity 8,740 − − 281 9,021 Consumer 615 − − − 615 Construction 860 − − 52 912 $ 80,664 $ − $ 203 $ 4,023 $ 84,890
Past Due Financing Receivables [Table Text Block]	30-59 Days Past Due 60- 89 Days Past Due Greater than 90 Days Past Due Total Past Due Current Total Loan Balances Residential real estate $ 487 $ 294 $ 1,543 $ 2,324 $ 58,147 $ 60,471 Multi-family and commercial real estate 239 355 626 1,220 10,457 11,677 Commercial − − 171 171 2,023 2,194 Home Equity 40 − 186 226 8,795 9,021 Consumer 40 − − 40 575 615 Construction − − − − 912 912 Total Loans $ 806 $ 649 $ 2,526 $ 3,981 $ 80,909 $ 84,890 Percentage of Total Loans 0.9 % 0.8 % 3.0 % 4.7 % 95.3 % 100.0 %
Impaired Financing Receivables [Table Text Block]	June 30, 2017 March 31, 2017 Impaired loans for which a valuation allowance has been provided $ − $ − Impaired loans for which no valuation allowance has been provided 4,620 4,883 Total loans determined to be impaired 4,620 4,883 Allowance for loans losses related to impaired loans − − Average recorded investment in impaired loans 4,691 5,225 Cash basis interest income recognized on impaired Loans $ 41 $ 173
Schedule of Credit Losses Related to Financing Receivables, Current and Noncurrent [Table Text Block]	Recorded Investment Unpaid Principal Balance Related Valuation Allowance Average Recorded Investment Interest Income Recognized While On Impaired Statues Impaired loans with no valuation allowance: Residential real estate $ 2,293 $ 2,232 $ − $ 2,295 $ 16 Multi-family and commercial real estate 1,890 1,884 − 1,892 20 Commercial 171 171 − 171 3 Home equity 281 281 − 281 1 Consumer − − − − − Construction 56 52 − 56 1 Total $ 4,691 $ 4,620 $ − $ 4,695 $ 41 Recorded Investment Unpaid Principal Balance Related Valuation Allowance Average Recorded Investment Interest Income Recognized While On Impaired Statues Impaired loans with no valuation allowance: Residential real estate $ 2,289 $ 2,239 $ − $ 2,711 $ 60 Multi-family and commercial real estate 2,162 2,141 − 2,060 94 Commercial 171 171 − 153 9 Home equity 283 279 − 242 7 Consumer − − − 1 − Construction 57 53 − 58 3 Subtotal $ 4,963 $ 4,883 $ − $ 5,225 $ 173
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]	June 30, 2017 March 31, 2017 Non-accrual loans: Residential real estate $ 1,179 $ 1,180 Multi-family and commercial real estate 252 506 Commercial 171 172 Consumer − − Home equity 55 53 Construction − − Total non-accrual loans 1,657 1,911 Accruing loans past due 90 days or more: Residential real estate $ − $ − Multi-family and commercial real estate − − Commercial − − Consumer − − Home Equity − − Construction − − Total accruing loans past due 90 days or more − − Troubled debt restructurings: In non-accrual status: Residential real estate $ 738 $ 740 Multi-family and commercial real estate 186 425 Commercial − − Consumer − − Home Equity 131 131 Construction − − Total troubled debt restructurings in non-accrual status 1,055 1,296 Performing under modified terms: Residential real estate 688 693 Multi-family and commercial real estate 476 240 Commercial − − Consumer − − Home Equity 95 95 Construction 52 52 Total troubled debt restructurings performing under modified terms: 1,311 1,080 Total troubled debt restructurings 2,366 2,376 Total non-performing loans 4,023 4,287 Real estate owned 1,219 1,271 Total non-performing assets 5,242 5,558 Non-performing loans as a percentage of loans 4.74 % 5.02 % Non-performing assets as a percentage of loans and real estate owned 6.09 % 6.41 % Non-performing assets as percentage of total assets 4.15 % 4.38 %
Troubled Debt Restructurings on Financing Receivables [Table Text Block]	June 30, 2017 March 31, 2017 Outstanding Recorded Outstanding Recorded Number of Pre-Modification Post- Number of Pre-Modification Post- Troubled debt restructurings: Residential real estate − $ − $ − 1 $ 77 $ 96
Schedule of Debtor Troubled Debt Restructuring, Subsequent Periods [Table Text Block]	Number of Recorded Investment Number of Recorded Investment Troubled debt restructurings that subsequently defaulted: Residential real estate − $ − − $ −
Real Estate Owned [Table Text Block]	June 30, March 31, 2017 2017 Balance, beginning of period $ 1,271 $ 1,763 Additions from loan foreclosures − 500 Additions from capitalized costs − 26 Dispositions of REO − (922 ) Gain (loss) on sale of REO − (34 ) Valuation adjustments in the period (52 ) (62 ) Balance, end of period $ 1,219 $ 1,271 June 30, March 31, 2017 2017 Balance, beginning of period $ 104 $ 227 Valuation adjustments added in the period 52 62 Valuation adjustments on disposed properties during the period − (185 ) Balance, end of period $ 156 $ 104
Schedule of Charge-offs [Table Text Block]	June 30, 2017 March 31, 2017 Balance at beginning of period $ 1,001 $ 1,099 Provision: Commercial − (45 ) Commercial real estate (20 ) (61 ) Residential real estate − 98 Home Equity − 29 Consumer − (45 ) Construction − 2 Total Provision (20 ) (22 ) Charge-Offs: Commercial − − Commercial Real Estate − 71 Residential real estate − 102 Home Equity − 42 Consumer − Recoveries (24 ) (139 ) Total Net Charge-Offs (24 ) 76 Balance at end of period $ 1,005 $ 1,001 Period-end loans outstanding $ 84,890 $ 85,477 Average loans outstanding $ 85,435 $ 84,426 Allowance as a percentage of period-end loans 1.18 % 1.17 % Net charge-offs as a percentage of average loans (0.03 %) 0.09 %
Allowance for Credit Losses on Financing Receivables [Table Text Block]	Commercial Commercial Real Estate Residential Real Estate Home Equity Consumer Construction Total Balance, beginning of year $ 64 $ 274 $ 575 $ 74 $ 12 $ 2 $ 1,001 Loan charge-offs − − − − − − − Recoveries 1 17 4 − 2 − 24 Provision for loan losses − (20 ) − − − − (20 ) Balance, end of period $ 65 $ 271 $ 579 $ 74 $ 14 $ 2 $ 1,005 Ending balance for loans individually evaluated for impairment − − − − − − − Ending balance for loans collectively evaluated for impairment $ 65 $ 271 $ 579 $ 74 $ 14 $ 2 $ 1,005 Loans receivable: Ending balance $ 2,194 $ 11,677 $ 60,471 $ 9,021 $ 615 $ 912 $ 84,890 Ending balance: loans individually evaluated for impairment $ 187 $ 1,407 $ 2,373 $ 514 $ − $ 52 $ 4,533 Ending balance: loans collectively evaluated for impairment $ 2,007 $ 10,270 $ 58,098 $ 8,507 $ 615 $ 860 $ 80,357

Note 10 - Investment Securiti22

Note 10 - Investment Securities (Tables)	3 Months Ended
	Jun. 30, 2017
Notes Tables
Held-to-maturity Securities [Table Text Block]	Held-to-Maturity June 30, 2017 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (Dollars in Thousands) U.S. Government Agency Bonds $ 20,418 $ − $ (659 ) $ 19,759 Municipal Bond 1,536 − (1 ) 1,535 Mortgage-Backed Securities 622 38 − 660 Total $ 22,576 $ 38 $ (660 ) $ 21,954 Held-to-Maturity March 31, 2017 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (Dollars in Thousands) U.S. Government Agency Bonds $ 20,418 $ − $ (865 ) $ 19,553 Municipal Bond 1,536 − (3 ) 1,533 Mortgage-backed securities: 669 58 (15 ) 712 Total $ 22,623 $ 58 $ (883 ) $ 21,798
Available-for-sale Securities [Table Text Block]	Available for Sale June 30, 2017 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value Certificate of deposit 2,500 9 − 2,509 Mutual Fund Shares 83 − (1 ) 82 $ 2,583 $ 9 $ (1 ) $ 2,591 Available-for-Sale March 31, 2017 Gross Gross Amortized Unrealized Unrealized Fair Cost Gains Losses Value U.S .Government Agency Bonds $ 500 $ − $ − $ 500 Certificates of Deposit 2,000 8 − 2,008 Mutual Fund Shares 89 − (2 ) 87 Total $ 2,589 $ 8 $ (2 ) $ 2,595
Investments Classified by Contractual Maturity Date [Table Text Block]	June 30, 2017 Held to Maturity Available for Sale (Dollars in Thousands) Amortized Cost Fair Value Amortized Cost Fair Value Amounts maturing in: One year or less $ 1,539 $ 1,535 $ 500 500 After one year through five years 500 497 2,000 2,009 After five years through ten years 8,555 8,330 − − After ten years 11,982 11,592 − − Equity securities − − 83 82 $ 22,576 $ 21,954 $ 2,583 $ 2,591 March 31, 2017 Held to Maturity Available for Sale (Dollars in Thousands) Amortized Cost Fair Value Amortized Cost Fair Value Amounts maturing in: One year or less $ 1,536 $ 1,534 − − After one year through five years 500 497 − − After five years through ten years 8,573 8,292 2,000 2,008 After ten years 12,014 11,475 500 500 Mutual fund shares − − 89 87 $ 22,623 $ 21,798 $ 2,589 $ 2,595
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 June 30, 2017 Value Losses Value Losses Value Losses U.S Government Agency Bonds 19,759 (659 ) − − 19,759 (659 ) Municipal Bonds 1,535 (1 ) − − 1,535 (1 ) Total $ 21,294 $ (660 ) − − 21,294 (660 ) 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 $ 19,553 $ (864 ) $ − $ − $ 19,553 $ (864 ) Certificates of deposit 249 (1 ) − − 249 (1 ) Municipal Bonds 1,536 (3 ) − − 1,536 (3 ) Mutual fund shares − − 87 (2 ) 87 (2 ) Mortgage –Backed Securities: − − 216 (15 ) 216 (15 ) Total 21,338 (868 ) 303 (17 ) 21,641 (885 )

Note 1 - Basis of Presentation

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

Note 3 - Deferred Income Taxes

Note 3 - Deferred Income Taxes (Details Textual)	Jun. 30, 2017
GAAP Capital Ratio, Basis Points in Excess of Tier 1 Regulatory Capital Ratio	1.13%

Note 4 - Income Taxes (Details

Note 4 - Income Taxes (Details Textual) $ in Thousands	3 Months Ended
	Jun. 30, 2017USD ($)
Liability for Uncertainty in Income Taxes, Current	$ 0
Earliest Tax Year [Member] | Federal and State Jurisdiction [Member]
Open Tax Year	2,014
Latest Tax Year [Member] | Federal and State Jurisdiction [Member]
Open Tax Year	2,016

Note 5 - Earnings Per Share - E

Note 5 - Earnings Per Share - Earnings Per Share Reconciliation (Details) - USD ($)	3 Months Ended
	Jun. 30, 2017	Jun. 30, 2016
Numerator	$ 55,920	$ 59,817
Denominators:
Basic shares outstanding (in shares)	910,239	906,720
Effect of dilutive securities (in shares)	7,449	3,290
Dilutive shares outstanding (in shares)	917,688	910,010
Earnings per share:
Basic (in dollars per share)	$ 0.06	$ 0.07
Dilutive (in dollars per share)	$ 0.06	$ 0.07

Note 6 - Regulatory Matters (De

Note 6 - Regulatory Matters (Details Textual)	Jun. 30, 2017
Tier One Leverage Capital to Average Assets	9.26%
Tier One Risk Based Capital to Risk Weighted Assets	16.52%
Capital to Risk Weighted Assets	17.78%
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 8 - Fair Value of Financ28

Note 8 - Fair Value of Financial Instruments - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($)	Jun. 30, 2017	Mar. 31, 2017
Securities available-for-sale (amortized cost of $2,582,944 and $2,588,817 at June 30, 2017 and March 31, 2017, respectively)	$ 2,591,470	$ 2,594,888
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 1 [Member]
Securities available-for-sale (amortized cost of $2,582,944 and $2,588,817 at June 30, 2017 and March 31, 2017, respectively)
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 2 [Member]
Securities available-for-sale (amortized cost of $2,582,944 and $2,588,817 at June 30, 2017 and March 31, 2017, respectively)	2,591,000	2,595,000
Fair Value, Measurements, Recurring [Member] | Fair Value, Inputs, Level 3 [Member]
Securities available-for-sale (amortized cost of $2,582,944 and $2,588,817 at June 30, 2017 and March 31, 2017, respectively)

Note 8 - Fair Value of Financ29

Note 8 - Fair Value of Financial Instruments - Assets and Liabilities Measured at Fair Value On a Non-recurring Basis (Details) - Fair Value, Measurements, Nonrecurring [Member] - USD ($) $ in Thousands	Jun. 30, 2017	Mar. 31, 2017
Fair Value, Inputs, Level 1 [Member]
Total
Fair Value, Inputs, Level 2 [Member]
Total
Fair Value, Inputs, Level 3 [Member]
Total	5,752	6,154
Impaired Loans [Member] | Fair Value, Inputs, Level 1 [Member]
Impaired loans
Impaired Loans [Member] | Fair Value, Inputs, Level 2 [Member]
Impaired loans
Impaired Loans [Member] | Fair Value, Inputs, Level 3 [Member]
Impaired loans	4,533	4,883
Real Estate Owned [Member] | Fair Value, Inputs, Level 1 [Member]
Real estate owned
Real Estate Owned [Member] | Fair Value, Inputs, Level 2 [Member]
Real estate owned
Real Estate Owned [Member] | Fair Value, Inputs, Level 3 [Member]
Real estate owned	$ 1,219	$ 1,271

Note 8 - Fair Value of Financ30

Note 8 - Fair Value of Financial Instruments - Estimated Fair Value of Assets and Liabilities (Details) - USD ($)	Jun. 30, 2017	Mar. 31, 2017
Accrued interest receivable	$ 356,505	$ 378,243
Bank-owned life insurance	178,514	178,514
Advance payments by borrowers for taxes and insurance	526,770	500,485
Available-for-sale securities - fair value	2,591,470	2,594,888
Investment securities-held to maturity	21,954,235	21,797,695
Reported Value Measurement [Member]
Impaired loans	83,825,000	84,414,000
FHLB stock	122,000	124,000
Accrued interest receivable	357,000	378,000
Bank-owned life insurance	179,000	179,000
Real estate owned	1,219,000	1,271,000
Total financial assets	118,078,000	118,577,000
Deposits- non-interest bearing	10,662,000	11,704,000
Deposits – interest bearing	100,535,000	100,377,000
Advances from Federal Home Loan Bank
Advance payments by borrowers for taxes and insurance	527,000	500,000
Accrued interest payable	6,000	6,000
Total financial liabilities	111,730,000	112,587,000
Cash and cash equivalents	7,217,000	6,999,000
Available-for-sale securities - fair value	2,583,000	2,589,000
Investment securities-held to maturity	22,576,000	22,623,000
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Impaired loans
FHLB stock	122,000	124,000
Accrued interest receivable	357,000	378,000
Bank-owned life insurance	179,000	179,000
Real estate owned
Total financial assets	7,875,000	7,680,000
Deposits- non-interest bearing	10,662,000	11,704,000
Deposits – interest bearing
Advances from Federal Home Loan Bank
Advance payments by borrowers for taxes and insurance	527,000	500,000
Accrued interest payable	6,000	6,000
Total financial liabilities	11,195,000	12,210,000
Cash and cash equivalents	7,217,000	6,999,000
Available-for-sale securities - fair value
Investment securities-held to maturity
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Impaired loans
FHLB stock
Accrued interest receivable
Bank-owned life insurance
Real estate owned
Total financial assets	24,905,000	24,393,000
Deposits- non-interest bearing
Deposits – interest bearing	100,225,000	99,183,000
Advances from Federal Home Loan Bank
Advance payments by borrowers for taxes and insurance
Accrued interest payable
Total financial liabilities	100,225,000	99,183,000
Cash and cash equivalents
Available-for-sale securities - fair value	2,951,000	2,595,000
Investment securities-held to maturity	21,954,000	21,798,000
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Impaired loans	84,235,000	83,833,000
FHLB stock
Real estate owned	1,219,000	1,271,000
Total financial assets	85,454,000	85,104,000
Deposits- non-interest bearing
Deposits – interest bearing
Advances from Federal Home Loan Bank
Advance payments by borrowers for taxes and insurance
Total financial liabilities
Cash and cash equivalents
Available-for-sale securities - fair value
Investment securities-held to maturity

Note 8 - Fair Value of Financ31

Note 8 - Fair Value of Financial Instruments - Off-balance Sheet Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Mar. 31, 2017
Commitments to Extend Credit [Member]
Commitments to extend credit	$ 6,682	$ 6,620

Note 9 - Loans (Details Textual

Note 9 - Loans (Details Textual) $ in Thousands	3 Months Ended	12 Months Ended
	Jun. 30, 2017USD ($)	Mar. 31, 2017USD ($)	Mar. 31, 2016USD ($)
Maximum Loan to One Borrower Limitation, Percentage of Capital Funds	15.00%
Maximum Loan to One Borrower Limitation	$ 1,900
Additional Loan to One Borrower Limitation if Collateralized, Percentage of Adjusted Capital Funds	10.00%
Adjusted Capital Funds Value	$ 1,300
Financing Receivable, Recorded Investment, Nonaccrual Status	1,657	$ 1,911
Impaired Financing Receivable, Average Recorded Investment	4,691	5,225
Impaired Financing Receivable, Interest Income, Cash Basis Method	41	$ 173
Financing Receivable Non-accrual, Principal Reduction	4
Financing Receivable Non-accural, Advance	2
Allowance for Loan and Lease Losses, Write-offs	$ 0
Allowance for Loan Loss to Loans Outstanding Ratio	1.18%
Increase (Decrease) in Non-performing Assets	$ (316)
Non-performing Assets As Percentage of Total Assets	4.15%	4.38%
Total Charge-offs [Member]
Loans Receivables, Write Offs, Number of Relationships		1
Allowance for Loan and Lease Losses, Write-offs		$ 40
Partial Charge-offs [Member]
Loans Receivables, Write Offs, Number of Relationships		3
Allowance for Loan and Lease Losses, Write-offs		$ 175
Nonperforming Financial Instruments [Member] | Payment Deferral [Member]
Financing Receivable, Modifications, Number of Contracts	6
Advances from Federal Home Loan Banks	$ 864
In Non-accrual Status [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 2,700		$ 3,200
Financing Receivable, Number of Contracts, Nonaccrual Status	16		17
Increase (Decrease) in Finance Receivables	$ (495)
Residential Portfolio Segment [Member]
Financing Receivable, Modifications, Number of Contracts		1
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 1,179	$ 1,180
Allowance for Loan and Lease Losses, Write-offs	$ 0	102
Residential Portfolio Segment [Member] | Maximum [Member]
Loan Origination, Percentage of Appraised Value or Selling Price	80.00%
Owner Occupied Property [Member] | Maximum [Member]
Loan Term	30 years
Non-owner Occupied Property [Member] | Maximum [Member]
Loan Term	30 years
Commercial Real Estate Portfolio Segment [Member]
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 252	506
Financing Receivable, Non-accrual Status, Sold During Period	253
Financing Receivable Non-accrual, Returned to Accruing Status	239
Allowance for Loan and Lease Losses, Write-offs		71
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
Allowance for Loan and Lease Losses, Write-offs	$ 0
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
Allowance for Loan and Lease Losses, Write-offs	$ 0
Construction Portfolio Segment [Member] | Maximum [Member]
Loan Term	1 year

Note 9 - Loans - Loans (Details

Note 9 - Loans - Loans (Details) - USD ($)	Jun. 30, 2017	Mar. 31, 2017	Mar. 31, 2016
Loans	$ 84,890,000	$ 85,477,000
Net deferred loan origination fees	(60,000)	(62,000)
Allowance for loan losses	(1,005,316)	(1,001,449)	$ (1,099,000)
Loans, net	83,825,378	84,414,361
Residential Portfolio Segment [Member]
Loans	60,471,000	61,419,000
Allowance for loan losses	(579,000)	(575,000)
Commercial Real Estate Portfolio Segment [Member]
Loans	11,677,000	12,071,000
Allowance for loan losses	(271,000)	(274,000)
Commercial Portfolio Segment [Member]
Loans	2,194,000	1,858,000
Allowance for loan losses	(65,000)	(64,000)
Home Equity Portfolio Segment [Member]
Loans	9,021,000	8,812,000
Allowance for loan losses	(74,000)	(74,000)
Consumer Portfolio Segment [Member]
Loans	615,000	637,000
Allowance for loan losses	(14,000)	(12,000)
Construction Portfolio Segment [Member]
Loans	912,000	680,000
Allowance for loan losses	$ (2,000)	$ (2,000)

Note 9 - Loans - Loans by Credi

Note 9 - Loans - Loans by Credit Quality Indicator (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Mar. 31, 2017
Loans	$ 84,890	$ 85,477
Nonperforming Financial Instruments [Member]
Loans	4,023
Pass [Member]
Loans	80,664
Special Mention [Member]
Loans
Classified Loans [Member]
Loans	203
Residential Portfolio Segment [Member]
Loans	60,471	61,419
Residential Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Loans	2,605
Residential Portfolio Segment [Member] | Pass [Member]
Loans	57,866
Residential Portfolio Segment [Member] | Special Mention [Member]
Loans
Residential Portfolio Segment [Member] | Classified Loans [Member]
Loans
Commercial Real Estate Portfolio Segment [Member]
Loans	11,677	12,071
Commercial Real Estate Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Loans	914
Commercial Real Estate Portfolio Segment [Member] | Pass [Member]
Loans	10,594
Commercial Real Estate Portfolio Segment [Member] | Special Mention [Member]
Loans
Commercial Real Estate Portfolio Segment [Member] | Classified Loans [Member]
Loans	169
Commercial Portfolio Segment [Member]
Loans	2,194	1,858
Commercial Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Loans	171
Commercial Portfolio Segment [Member] | Pass [Member]
Loans	1,989
Commercial Portfolio Segment [Member] | Special Mention [Member]
Loans
Commercial Portfolio Segment [Member] | Classified Loans [Member]
Loans	34
Home Equity Portfolio Segment [Member]
Loans	9,021	8,812
Home Equity Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Loans	281
Home Equity Portfolio Segment [Member] | Pass [Member]
Loans	8,740
Home Equity Portfolio Segment [Member] | Special Mention [Member]
Loans
Home Equity Portfolio Segment [Member] | Classified Loans [Member]
Loans
Consumer Portfolio Segment [Member]
Loans	615	637
Consumer Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Loans
Consumer Portfolio Segment [Member] | Pass [Member]
Loans	615
Consumer Portfolio Segment [Member] | Special Mention [Member]
Loans
Consumer Portfolio Segment [Member] | Classified Loans [Member]
Loans
Construction Portfolio Segment [Member]
Loans	912	$ 680
Construction Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Loans	52
Construction Portfolio Segment [Member] | Pass [Member]
Loans	860
Construction Portfolio Segment [Member] | Special Mention [Member]
Loans
Construction Portfolio Segment [Member] | Classified Loans [Member]
Loans

Note 9 - Loans - Past Due Loans

Note 9 - Loans - Past Due Loans (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Mar. 31, 2017
Past due loans	$ 3,981
Current loans	80,909
Loans	$ 84,890	$ 85,477
Percentage past due loans	4.70%
Percentage of current loans	95.30%
Percentage of Total Loans	100.00%
Residential Portfolio Segment [Member]
Past due loans	$ 2,324
Current loans	58,147
Loans	60,471	61,419
Commercial Real Estate Portfolio Segment [Member]
Past due loans	1,220
Current loans	10,457
Loans	11,677	12,071
Commercial Portfolio Segment [Member]
Past due loans	171
Current loans	2,023
Loans	2,194	1,858
Home Equity Portfolio Segment [Member]
Past due loans	226
Current loans	8,795
Loans	9,021	8,812
Consumer Portfolio Segment [Member]
Past due loans	40
Current loans	575
Loans	615	637
Construction Portfolio Segment [Member]
Current loans	912
Loans	912	$ 680
Financing Receivables, 30 to 59 Days Past Due [Member]
Past due loans	$ 806
Percentage past due loans	0.90%
Financing Receivables, 30 to 59 Days Past Due [Member] | Residential Portfolio Segment [Member]
Past due loans	$ 487
Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member]
Past due loans	239
Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial Portfolio Segment [Member]
Past due loans
Financing Receivables, 30 to 59 Days Past Due [Member] | Home Equity Portfolio Segment [Member]
Past due loans	40
Financing Receivables, 30 to 59 Days Past Due [Member] | Consumer Portfolio Segment [Member]
Past due loans	40
Financing Receivables, 60 to 89 Days Past Due [Member]
Past due loans	$ 649
Percentage past due loans	0.80%
Financing Receivables, 60 to 89 Days Past Due [Member] | Residential Portfolio Segment [Member]
Past due loans	$ 294
Financing Receivables, 60 to 89 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member]
Past due loans	355
Financing Receivables, 60 to 89 Days Past Due [Member] | Commercial Portfolio Segment [Member]
Past due loans
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Past due loans	$ 2,526
Percentage past due loans	3.00%
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Residential Portfolio Segment [Member]
Past due loans	$ 1,543
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Commercial Real Estate Portfolio Segment [Member]
Past due loans	626
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Commercial Portfolio Segment [Member]
Past due loans	171
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Home Equity Portfolio Segment [Member]
Past due loans	$ 186

Note 9 - Loans - Impaired Loans

Note 9 - Loans - Impaired Loans (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Jun. 30, 2017	Mar. 31, 2017
Impaired loans for which a valuation allowance has been provided
Impaired loans for which no valuation allowance has been provided	4,620	4,883
Total loans determined to be impaired	4,620	4,883
Allowance for loans losses related to impaired loans
Average recorded investment in impaired loans	4,691	5,225
Cash basis interest income recognized on impaired Loans	$ 41	$ 173

Note 9 - Loans - Impaired Loa37

Note 9 - Loans - Impaired Loans by Portfolio (Details) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Jun. 30, 2017	Mar. 31, 2017
Recorded investment, no valuation allowance	$ 4,691	$ 4,963
Unpaid principal balance, no valuation allowance	4,620	4,883
Average annual recorded investment, no valuation allowance	4,695	5,225
Interest income recognized while on impaired status, no valuation allowance	41	173
Residential Portfolio Segment [Member]
Recorded investment, no valuation allowance	2,293	2,289
Unpaid principal balance, no valuation allowance	2,232	2,239
Average annual recorded investment, no valuation allowance	2,295	2,711
Interest income recognized while on impaired status, no valuation allowance	16	60
Commercial Real Estate Portfolio Segment [Member]
Recorded investment, no valuation allowance	1,890	2,162
Unpaid principal balance, no valuation allowance	1,884	2,141
Average annual recorded investment, no valuation allowance	1,892	94
Interest income recognized while on impaired status, no valuation allowance	20
Commercial Portfolio Segment [Member]
Recorded investment, no valuation allowance	171	171
Unpaid principal balance, no valuation allowance	171	171
Average annual recorded investment, no valuation allowance	171	153
Interest income recognized while on impaired status, no valuation allowance	3	9
Home Equity Portfolio Segment [Member]
Recorded investment, no valuation allowance	281	283
Unpaid principal balance, no valuation allowance	281	279
Average annual recorded investment, no valuation allowance	281	242
Interest income recognized while on impaired status, no valuation allowance	1	7
Consumer Portfolio Segment [Member]
Recorded investment, no valuation allowance
Unpaid principal balance, no valuation allowance
Average annual recorded investment, no valuation allowance		1
Interest income recognized while on impaired status, no valuation allowance
Construction Portfolio Segment [Member]
Recorded investment, no valuation allowance	56	57
Unpaid principal balance, no valuation allowance	52	53
Average annual recorded investment, no valuation allowance	56	58
Interest income recognized while on impaired status, no valuation allowance	$ 1	$ 3

Note 9 - Loans - Nonaccrual Loa

Note 9 - Loans - Nonaccrual Loans (Details) - USD ($)	Jun. 30, 2017	Mar. 31, 2017	Mar. 31, 2016
Nonaccrual loans	$ 1,657,000	$ 1,911,000
Accruing loans past 90 days or more
Troubled debt restructurings	2,366,000	2,376,000
Real estate owned	1,219,083	1,271,302	$ 1,763,000
Total non-performing assets	$ 126,256,232	$ 126,987,353
Non-performing loans as a percentage of loans	4.74%	5.02%
Non-performing assets as a percentage of loans and real estate owned	6.09%	6.41%
Non-performing assets as percentage of total assets	4.15%	4.38%
Nonperforming Financial Instruments [Member]
Troubled debt restructurings	$ 1,055,000	$ 1,296,000
Total non-performing loans	4,023,000	4,287,000
Real estate owned	1,219,000	1,271,000
Total non-performing assets	5,242,000	5,558,000
Performing Financial Instruments [Member]
Troubled debt restructurings	1,311,000	1,080,000
Residential Portfolio Segment [Member]
Nonaccrual loans	1,179,000	1,180,000
Accruing loans past 90 days or more
Residential Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Troubled debt restructurings	738,000	740,000
Residential Portfolio Segment [Member] | Performing Financial Instruments [Member]
Troubled debt restructurings	688,000	693,000
Commercial Real Estate Portfolio Segment [Member]
Nonaccrual loans	252,000	506,000
Accruing loans past 90 days or more
Commercial Real Estate Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Troubled debt restructurings	186,000	425,000
Commercial Real Estate Portfolio Segment [Member] | Performing Financial Instruments [Member]
Troubled debt restructurings	476,000	240,000
Commercial Portfolio Segment [Member]
Nonaccrual loans	171,000	172,000
Accruing loans past 90 days or more
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 90 days or more
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	55,000	53,000
Accruing loans past 90 days or more
Home Equity Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Troubled debt restructurings	131,000	131,000
Home Equity Portfolio Segment [Member] | Performing Financial Instruments [Member]
Troubled debt restructurings	95,000	95,000
Construction Portfolio Segment [Member]
Nonaccrual loans
Accruing loans past 90 days or more
Construction Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Troubled debt restructurings
Construction Portfolio Segment [Member] | Performing Financial Instruments [Member]
Troubled debt restructurings	$ 52,000	$ 52,000

Note 9 - Loans - Troubled Debt

Note 9 - Loans - Troubled Debt Restructurings (Details) - Residential Portfolio Segment [Member] $ in Thousands	3 Months Ended	12 Months Ended
	Jun. 30, 2017USD ($)	Mar. 31, 2017USD ($)
Outstanding Recorded Investment Pre-Modification		$ 77
Outstanding Recorded Investment Post-Modification		$ 96
Number of Contracts		1

Note 9 - Loans - Troubled Deb40

Note 9 - Loans - Troubled Debt Restructurings, Subsequent Default (Details) - Residential Portfolio Segment [Member]	3 Months Ended	12 Months Ended
	Jun. 30, 2017USD ($)	Mar. 31, 2017USD ($)
Troubled debt restructurings that subsequently defaulted, recorded investment
Troubled debt restructurings that subsequently defaulted, number of contracts

Note 9 - Loans - Real Estate Ow

Note 9 - Loans - Real Estate Owned (REO), Net of Valuation Allowance (Details) - USD ($)	3 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Mar. 31, 2017
Balance, beginning of period	$ 1,271,302	$ 1,763,000	$ 1,763,000
Additions from loan foreclosures			500,000
Additions from capitalized costs			26,000
Dispositions of REO			(922,000)
(Loss) on sale of real estate owned		(5,532)	(34,000)
Valuation adjustments in the period	(52,000)		(62,000)
Balance, end of period	1,219,083		1,271,302
Balance, beginning of period	104,000	$ 227,000	227,000
Valuation adjustments added in the period	52,000		62,000
Valuation adjustments on disposed properties during the period			(185,000)
Balance, end of period	$ 156,000		$ 104,000

Note 9 - Loans - Allowance for

Note 9 - Loans - Allowance for Losses on Loans and Charge-offs (Details) - USD ($)	3 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Mar. 31, 2017
Balance, beginning of year	$ 1,001,449	$ 1,099,000	$ 1,099,000
Provision	(20,000)	$ (48,000)	(22,000)
Loan charge-offs	0
Recoveries	(24,000)		(139,000)
Total Net Charge-Offs	(24,000)		76,000
Balance, end of period	1,005,316		1,001,449
Loans	84,890,000		85,477,000
Average loans outstanding	$ 85,435,000		$ 84,426,000
Allowance as a percentage of period-end loans	1.18%		1.17%
Net charge-offs as a percentage of average loans	(0.03%)		0.09%
Commercial Portfolio Segment [Member]
Balance, beginning of year	$ 64,000
Provision			$ (45,000)
Loan charge-offs
Recoveries	(1,000)
Balance, end of period	65,000		64,000
Loans	2,194,000		1,858,000
Commercial Real Estate Portfolio Segment [Member]
Balance, beginning of year	274,000
Provision	(20,000)		(61,000)
Loan charge-offs			71,000
Recoveries	(17,000)
Balance, end of period	271,000		274,000
Loans	11,677,000		12,071,000
Residential Portfolio Segment [Member]
Balance, beginning of year	575,000
Provision			98,000
Loan charge-offs	0		102,000
Recoveries	(4,000)
Balance, end of period	579,000		575,000
Loans	60,471,000		61,419,000
Home Equity Portfolio Segment [Member]
Balance, beginning of year	74,000
Provision			29,000
Loan charge-offs			42,000
Recoveries	0
Balance, end of period	74,000		74,000
Loans	9,021,000		8,812,000
Consumer Portfolio Segment [Member]
Balance, beginning of year	12,000
Provision			(45,000)
Loan charge-offs	0
Recoveries	(2,000)
Balance, end of period	14,000		12,000
Loans	615,000		637,000
Construction Portfolio Segment [Member]
Balance, beginning of year	2,000
Provision			2,000
Loan charge-offs	0
Recoveries	0
Balance, end of period	2,000		2,000
Loans	$ 912,000		$ 680,000

Note 9 - Loans - Allowance fo43

Note 9 - Loans - Allowance for Loan Losses (Details) - USD ($)	3 Months Ended		12 Months Ended
	Jun. 30, 2017	Jun. 30, 2016	Mar. 31, 2017
Balance, beginning of year	$ 1,001,449	$ 1,099,000	$ 1,099,000
Ending balance for loans individually evaluated for impairment
Loan charge-offs	0
Recoveries	24,000		139,000
Provision for loan losses	(20,000)	$ (48,000)	(22,000)
Balance, end of period	1,005,316		1,001,449
Ending balance for loans collectively evaluated for impairment	1,005,000
Ending balance	84,890,000		85,477,000
Ending balance: loans individually evaluated for impairment	4,533,000
Ending balance: loans collectively evaluated for impairment	80,357,000
Commercial Portfolio Segment [Member]
Balance, beginning of year	64,000
Ending balance for loans individually evaluated for impairment
Loan charge-offs
Recoveries	1,000
Provision for loan losses			(45,000)
Balance, end of period	65,000		64,000
Ending balance for loans collectively evaluated for impairment	65,000
Ending balance	2,194,000		1,858,000
Ending balance: loans individually evaluated for impairment	187,000
Ending balance: loans collectively evaluated for impairment	2,007,000
Commercial Real Estate Portfolio Segment [Member]
Balance, beginning of year	274,000
Ending balance for loans individually evaluated for impairment
Loan charge-offs			(71,000)
Recoveries	17,000
Provision for loan losses	(20,000)		(61,000)
Balance, end of period	271,000		274,000
Ending balance for loans collectively evaluated for impairment	271,000
Ending balance	11,677,000		12,071,000
Ending balance: loans individually evaluated for impairment	1,407,000
Ending balance: loans collectively evaluated for impairment	10,270,000
Residential Portfolio Segment [Member]
Balance, beginning of year	575,000
Ending balance for loans individually evaluated for impairment
Loan charge-offs	0		(102,000)
Recoveries	4,000
Provision for loan losses			98,000
Balance, end of period	579,000		575,000
Ending balance for loans collectively evaluated for impairment	579,000
Ending balance	60,471,000		61,419,000
Ending balance: loans individually evaluated for impairment	2,373,000
Ending balance: loans collectively evaluated for impairment	58,098,000
Home Equity Portfolio Segment [Member]
Balance, beginning of year	74,000
Ending balance for loans individually evaluated for impairment
Loan charge-offs			(42,000)
Recoveries	0
Provision for loan losses			29,000
Balance, end of period	74,000		74,000
Ending balance for loans collectively evaluated for impairment	74,000
Ending balance	9,021,000		8,812,000
Ending balance: loans individually evaluated for impairment	514,000
Ending balance: loans collectively evaluated for impairment	8,507,000
Consumer Portfolio Segment [Member]
Balance, beginning of year	12,000
Ending balance for loans individually evaluated for impairment
Loan charge-offs	0
Recoveries	2,000
Provision for loan losses			(45,000)
Balance, end of period	14,000		12,000
Ending balance for loans collectively evaluated for impairment	14,000
Ending balance	615,000		637,000
Ending balance: loans individually evaluated for impairment
Ending balance: loans collectively evaluated for impairment	615,000
Construction Portfolio Segment [Member]
Balance, beginning of year	2,000
Ending balance for loans individually evaluated for impairment
Loan charge-offs	0
Recoveries	0
Provision for loan losses			2,000
Balance, end of period	2,000		2,000
Ending balance for loans collectively evaluated for impairment	2,000
Ending balance	912,000		$ 680,000
Ending balance: loans individually evaluated for impairment	52,000
Ending balance: loans collectively evaluated for impairment	$ 860,000

Note 10 - Investment Securiti44

Note 10 - Investment Securities (Details Textual) - Debt Securities [Member]	Jun. 30, 2017
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	39
Securities in Unrealized Loss Positions, Depreciated Percentage from Amortized Cost	3.00%

Note 10 - Investment Securiti45

Note 10 - Investment Securities - Held-to-maturity Securities (Details) - USD ($)	Jun. 30, 2017	Mar. 31, 2017
Held-to-maturity securities, amortized cost	$ 22,575,925	$ 22,622,835
Held-to-maturity securities, gross unrealized gains	38,000	58,000
Held-to-maturity securities, gross unrealized losses	(660,000)	(883,000)
Investment securities-held to maturity	21,954,235	21,797,695
US Government Agencies Debt Securities [Member]
Held-to-maturity securities, amortized cost	20,418,000	20,418,000
Held-to-maturity securities, gross unrealized gains
Held-to-maturity securities, gross unrealized losses	(659,000)	(865,000)
Investment securities-held to maturity	19,759,000	19,553,000
Municipal Bonds [Member]
Held-to-maturity securities, amortized cost	1,536,000	1,536,000
Held-to-maturity securities, gross unrealized gains
Held-to-maturity securities, gross unrealized losses	(1,000)	(3,000)
Investment securities-held to maturity	1,535,000	1,533,000
Collateralized Mortgage Backed Securities [Member]
Held-to-maturity securities, amortized cost	622,000	669,000
Held-to-maturity securities, gross unrealized gains	38,000	58,000
Held-to-maturity securities, gross unrealized losses		(15,000)
Investment securities-held to maturity	$ 660,000	$ 712,000

Note 10 - Investment Securiti46

Note 10 - Investment Securities - Available-for-sale Securities (Details) - USD ($)	Jun. 30, 2017	Mar. 31, 2017
Available-for-sale securities - gross unrealized gains	$ 9,000	$ 8,000
Available-for-sale securities - gross unrealized losses	(1,000)	(2,000)
Available-for-sale securities - fair value	2,591,470	2,594,888
Investment securities available-for-sale, amortized cost	2,582,944	2,588,817
Certificates of Deposit [Member]
Available-for-sale securities - gross unrealized gains	9,000	8,000
Available-for-sale securities - gross unrealized losses
Available-for-sale securities - fair value	2,509,000	2,008,000
Investment securities available-for-sale, amortized cost	2,500,000	2,000,000
US Government Agencies Debt Securities [Member]
Available-for-sale securities - gross unrealized gains
Available-for-sale securities - gross unrealized losses
Available-for-sale securities - fair value		500,000
Investment securities available-for-sale, amortized cost		500,000
Mutual Fund Shares [Member]
Available-for-sale securities - gross unrealized gains
Available-for-sale securities - gross unrealized losses	(1,000)	(2,000)
Available-for-sale securities - fair value	82,000	87,000
Investment securities available-for-sale, amortized cost	$ 83,000	$ 89,000

Note 10 - Investment Securiti47

Note 10 - Investment Securities - Maturities of Securities (Details) - USD ($)	Jun. 30, 2017	Mar. 31, 2017
Available for Sale, Amortized Cost	$ 2,583,000	$ 2,589,000
Available for Sale, Fair Value	2,591,000	2,595,000
Held to Maturity, One year or less, Amortized Cost	1,539,000	1,536,000
Held to Maturity, One year or less, Fair Value	1,535,000	1,534,000
Available for Sale, One year or less, Amortized Cost	500,000
Available for Sale, One year or less, Fair Value	500,000
Held to Maturity, After one year through five years, Amortized Cost	500,000	500,000
Held to Maturity, After one year through five years, Fair Value	497,000	497,000
Available for Sale, After one year through five years, Amortized Cost	2,000,000
Available for Sale, After one year through five years, Fair Value	2,009,000
Held to Maturity, After five years through ten years, Amortized Cost	8,555,000	8,573,000
Held to Maturity, After five years through ten years, Fair Value	8,330,000	8,292,000
Available for Sale, After five years through ten years, Amortized Cost		2,000,000
Available for Sale, After five years through ten years, Fair Value		2,008,000
Held to Maturity, After ten years, Amortized Cost	11,982,000	12,014,000
Held to Maturity, After ten years, Fair Value	11,592,000	11,475,000
Available for Sale, After ten years, Amortized Cost		500,000
Available for Sale, After ten years, Fair Value		500,000
Mutual fund shares, held to maturity, amortized cost
Mutual fund shares, held to maturity, fair value
Equity securities, Amortized Cost	83,000	89,000
Equity securities, Fair Value	82,000	87,000
Held-to-maturity securities, amortized cost	22,575,925	22,622,835
Held to Maturity, Fair Value	$ 21,954,235	$ 21,797,695

Note 10 - Investment Securiti48

Note 10 - Investment Securities - Securities with Gross Unrealized Losses (Details) - USD ($) $ in Thousands	Jun. 30, 2017	Mar. 31, 2017
Securities with unrealized losses, fair value	$ 21,294	$ 21,641
Securities with unrealized losses, gross unrealized losses	(660)	(885)
Securities with unrealized losses, less than 12 months, fair value	21,294	21,338
Securities with unrealized losses, less than 12 months, gross unrealized losses	(660)	(868)
Securities with unrealized losses, 12 months or greater, fair value		303
Securities with unrealized losses, 12 months or greater, gross unrealized losses		(17)
US Government Agencies Debt Securities [Member]
Securities with unrealized losses, fair value	19,759	19,553
Securities with unrealized losses, gross unrealized losses	(659)	(864)
Securities with unrealized losses, less than 12 months, fair value	19,759	19,553
Securities with unrealized losses, less than 12 months, gross unrealized losses	(659)	(864)
Securities with unrealized losses, 12 months or greater, fair value
Securities with unrealized losses, 12 months or greater, gross unrealized losses
Municipal Bonds [Member]
Securities with unrealized losses, fair value	1,535	1,536
Securities with unrealized losses, gross unrealized losses	(1)	(3)
Securities with unrealized losses, less than 12 months, fair value	1,535	1,536
Securities with unrealized losses, less than 12 months, gross unrealized losses	(1)	(3)
Securities with unrealized losses, 12 months or greater, fair value
Securities with unrealized losses, 12 months or greater, gross unrealized losses
Certificates of Deposit [Member]
Securities with unrealized losses, fair value		249
Securities with unrealized losses, gross unrealized losses		(1)
Securities with unrealized losses, less than 12 months, fair value		249
Securities with unrealized losses, less than 12 months, gross unrealized losses		(1)
Securities with unrealized losses, 12 months or greater, fair value
Securities with unrealized losses, 12 months or greater, gross unrealized losses
Mutual Fund Shares [Member]
Securities with unrealized losses, fair value		87
Securities with unrealized losses, gross unrealized losses		(2)
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
Securities with unrealized losses, 12 months or greater, gross unrealized losses		(2)
Collateralized Mortgage Backed Securities [Member]
Securities with unrealized losses, fair value		216
Securities with unrealized losses, gross unrealized losses		(15)
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
Securities with unrealized losses, 12 months or greater, gross unrealized losses		$ (15)