Office Properties and Equipment, Net

12 Months Ended

Mar. 31, 2012

Property, Plant and Equipment [Abstract]

Property, Plant and Equipment Disclosure [Text Block]

OFFICE PROPERTIES AND EQUIPMENT, NET

The detail of office properties and equipment as of March 31 is as follows:



$ in thousands	2012			2011
Land	$	155		$	155
Building and improvements	8,292			8,227
Leasehold improvements	7,298			7,650
Furniture, equipment, and other	11,454			11,425
	27,199			27,457
Less accumulated depreciation and amortization	(17,626		)	(16,417		)
Office properties and equipment, net	$	9,573		$	11,040

Depreciation and amortization charged to operations for fiscal year 2012, 2011 and 2010 amounted to $1.2 million, $1.5 million and $1.7 million, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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