Fair Value Measurements Fair Value Measurements (Tables)

12 Months Ended

Mar. 31, 2014

Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]

The following table presents, by valuation hierarchy, assets that are measured at fair value on a recurring basis as of March 31, 2014 and 2013, and that are included in the Company's Consolidated Statements of Financial Condition at these dates:



	Fair Value Measurements at March 31, 2014, Using
$ in thousands	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Fair Value
Mortgage servicing rights	$	—	$	—	$	265	$	265
Investment securities
Available-for-sale:
Mortgage-backed securities:
Government National Mortgage Association	—		5,665		—		5,665
Federal Home Loan Mortgage Corporation	—		11,596		—		11,596
Federal National Mortgage Association	—		10,431		—		10,431
Other	—		—		49		49
U.S. Government Agency securities	—		52,189		—		52,189
CRA investment fund	—		9,531		—		9,531
Total available-for-sale securities	—		89,412		49		89,461
Total assets	$	—	$	89,412	$	314	$	89,726


	Fair Value Measurements at March 31, 2013, Using
$ in thousands	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Fair Value
Mortgage servicing rights	$	—	$	—	275		$	275
Investment securities
Available-for-sale:
Mortgage-backed securities:
Government National Mortgage Association	—		23,840		—		23,840
Federal Home Loan Mortgage Corporation	—		16,059		—		16,059
Federal National Mortgage Association	—		4,303		—		4,303
Other	—		—		50		50
Asset-backed securities	—		15,519		—		15,519
U.S. Government Agency securities	—		44,325		—		44,325
Small Business Administration	—		1,964		—		1,964
CRA investment fund	—		9,991		—		9,991
Total available-for-sale securities	—		116,001		50		116,051
Total assets	$	—	$	116,001	$	325	$	116,326

Schedule of Servicing Assets at Fair Value [Table Text Block]

The following table includes a rollforward of assets classified by the Company within Level 3 of the valuation hierarchy for the years ended March 31, 2014 and 2013:




$ in thousands	Beginning balance, April 1, 2013		Total Realized/Unrealized Gains/(Losses) Recorded in Income ⁽¹⁾			Issuances / (Settlements)			Transfers to/(from) Level 3		Ending balance, March 31, 2014		Change in Unrealized Gains/(Losses) Related to Instruments Held at March 31, 2014
Securities Available-for-Sale	$	50	$	—		$	(1	)	$	—	$	49	$	—

Mortgage Servicing Rights	275		(10		)	—			—		265		(7		)

⁽¹⁾Includes net servicing cash flows and the passage of time.




$ in thousands	Beginning balance, April 1, 2012		Total Realized/Unrealized Gains/(Losses) Recorded in Income ⁽¹⁾			Issuances / (Settlements)			Transfers to/(from) Level 3		Ending balance, March 31, 2013		Change in Unrealized Gains/(Losses) Related to Instruments Held at March 31, 2013
Securities Available-for-Sale	$	52	$	—		$	(2	)	$	—	$	50	—

Mortgage Servicing Rights	491		(216		)	—			—		275		(197	)

⁽¹⁾Includes net servicing cash flows and the passage of time.

Fair Value Measurements, Nonrecurring [Table Text Block]

The following table presents assets and liabilities that were measured at fair value on a non-recurring basis as of March 31, 2014 and 2013, and that are included in the Company's Consolidated Statements of Financial Condition at these dates:



	Fair Value Measurements at March 31, 2014, Using
$ in thousands	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Fair Value
Loans held-for-sale	$	—	$	5,011	$	—	$	5,011
Impaired loans with a specific reserve allocated	$	—	$	—	$	8,115	$	8,115
Other real estate owned	$	—	$	1,369	$	—	$	1,369


	Fair Value Measurements at March 31, 2013, Using
$ in thousands	Quoted Prices in Active Markets for Identical Assets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)		Total Fair Value
Loans held-for-sale	$	—	$	13,107	$	—	$	13,107
Impaired loans with a specific reserve allocated	$	—	$	—	$	13,397	$	13,397
Other real estate owned	$	—	$	2,386	$	—	$	2,386