Consolidated Statements of Cash Flows (USD $) In Thousands	6 Months Ended
	Sep. 30, 2011	Sep. 30, 2010
Net loss before attribution of non controlling interest	$ (14,298)	$ (25,854)
Net loss attributable to noncontrolling interests	(1,282)	0
Adjustments to reconcile net income to net cash from operating activities:
Provision for loan losses	12,177	14,077
Deferred Tax Asset and related valuation allowance	0	20,684
Provision for REO losses	0	19
Stock based compensation expense	37	51
Depreciation and amortization expense	723	760
Amortization of intangibles	76	76
Loss from sale of real estate owned	124	20
Gain on sale of securities, net	0	(763)
Gain on sale of loans, net	(135)	(8)
Market Adjustment on held for sale loans	375	0
Originations of Transfersof loans held-for-sale	0	(2,128)
Proceeds from sale of loans held-for-sale	8,237	2,128
Decrease in accrued interest receivable	371	322
Increase in loan premiums and discounts and deferred charges	(80)	(412)
Decrease (increase) in premiums and discounts — securities	221	(771)
Decrease (increase) in other assets	364	(7,954)
Increase (decrease) in other liabilities	3,746	(328)
Net cash provided by operating activities	10,656	(81)
INVESTING ACTIVITIES
Purchase of securities: Available-for-sale	(18,325)	(65,130)
Purchase of securities:Held-to-maturity	0	(7,980)
Proceeds from principal payments, maturities, calls and sales of securities: Available-for-sale	14,355	50,996
Proceeds from principal payments, maturities, calls and sales of securities: Held-to-maturity	5,689	834
Originations of loans held-for-investment	(14,708)	(14,501)
Principal collections on loans	51,800	56,974
Proceeds on sale of loans	1,363	0
Increase in restricted cash	(6,275)
Redemption of FHLB-NY stock	509	753
Additions to premises and equipment	(115)	(505)
Proceeds from sale of real estate owned	563	7
Net cash provided by investing activities	34,856	21,448
FINANCING ACTIVITIES
Net decrease in deposits	(60,876)	(4,316)
Net change in FHLB-NY advances and other borrowings	(10,128)	(19,015)
Increase in capital	51,432	0
Dividends paid	0	(568)
Net cash (used in) provided by financing activities	(19,572)	(23,899)
Net (decrease) increase in cash and cash equivalents	25,940	(2,532)
Cash and cash equivalents at beginning of period	44,077	38,346
Cash and cash equivalents at end of period	70,017	35,814
Noncash Transfers-
Change in unrealized loss on valuation of available-for-sale investments, net	169	(163)
Transfers from loans held-for-investment to loans held-for-sale	38,776	550
Cash paid for-
Interest Paid	3,959	4,997
Income Taxes Paid	$ 808	$ 1,120