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Investment Securities (Tables)
 6 Months Ended
Sep. 30, 2020
Investments, Debt and Equity Securities [Abstract]  
Unrealized Gain (Loss) on Investments The following tables set forth the amortized cost and fair value of securities available-for-sale and held-to-maturity at September 30, 2020 and March 31, 2020:
At September 30, 2020
AmortizedGross Unrealized
$ in thousandsCostGainsLossesFair Value
Available-for-Sale:    
Mortgage-backed Securities:    
Government National Mortgage Association$1,628 $62 $— $1,690 
Federal Home Loan Mortgage Corporation30,136 116 1 30,251 
Federal National Mortgage Association15,603 — — 15,603 
Total mortgage-backed securities47,367 178 1 47,544 
U.S. Government Agency Securities20,473 — 164 20,309 
Corporate Bonds6,276 1 59 6,218 
Muni Securities17,773 14 53 17,734 
Asset-backed Securities11,165 156 51 11,270 
Total available-for-sale$103,054 $349 $328 $103,075 
Held-to-Maturity:    
Mortgage-backed Securities:    
Government National Mortgage Association$815 $71 $— $886 
Federal National Mortgage Association and Other7,686 354 — 8,040 
Total held-to-maturity mortgage-backed securities8,501 425 — 8,926 
Corporate Bonds1,000 — 9 991 
Total held-to maturity$9,501 $425 $9 $9,917 

At March 31, 2020
AmortizedGross Unrealized
$ in thousandsCostGainsLossesFair Value
Available-for-Sale:    
Mortgage-backed Securities:    
Government National Mortgage Association$3,510 $77 $— $3,587 
Federal Home Loan Mortgage Corporation9,244 312 18 9,538 
Federal National Mortgage Association21,495 673 — 22,168 
Total mortgage-backed securities34,249 1,062 18 35,293 
U.S. Government Agency Securities26,616 20 155 26,481 
Corporate Bonds4,032 33 10 4,055 
Total available-for-sale$64,897 $1,115 $183 $65,829 
Held-to-Maturity:    
Mortgage-backed Securities:    
Government National Mortgage Association$972 $76 $— $1,048 
Federal National Mortgage Association and Other8,179 342 — 8,521 
Total held-to-maturity mortgage-backed securities9,151 418 — 9,569 
Corporate Bonds1,000 — 5 995 
Total held-to-maturity$10,151 $418 $5 $10,564 
Schedule of Realized Gain (Loss) The following is a summary regarding proceeds, gross gains and gross losses realized from the sale of securities from the available-for-sale portfolio for the six months ended September 30, 2020. There were no sales of available-for-sale and held-to-maturity securities for the three months ended September 30, 2020.
$ in thousandsSeptember 30, 2020
Proceeds$30,190 
Gross gains862 
Gross losses— 
Schedule of Unrealized Loss on Investments The following tables set forth the unrealized losses and fair value of securities in an unrealized loss position at September 30, 2020 and March 31, 2020 for less than 12 months and 12 months or longer:
At September 30, 2020
Less than 12 months12 months or longerTotal
$ in thousandsUnrealized
Losses		Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses		Fair
Value
Available-for-Sale:      
Mortgage-backed securities$— $— $1 $438 $1 $438 
U.S. Government Agency securities— — 164 20,309 164 20,309 
Corporate bonds59 5,217 — — 59 5,217 
Muni securities53 10,195 — — 53 10,195 
Asset-backed securities51 2,458 — — 51 2,458 
Total available-for-sale securities$163 $17,870 $165 $20,747 $328 $38,617 
Held-to-Maturity:
Corporate bonds$9 $991 $— $— $9 $991 
  Total held-to-maturity securities$9 $991 $— $— $9 $991 

At March 31, 2020
Less than 12 months12 months or longerTotal
$ in thousandsUnrealized
Losses		Fair
Value		Unrealized
Losses		Fair
Value		Unrealized
Losses		Fair
Value
Available-for-Sale:      
Mortgage-backed securities$— $— $18 $619 $18 $619 
U.S. Government Agency securities155 21,494 155 21,494 
Corporate bonds10 1,999 — — 10 1,999 
Total available-for-sale securities$10 $1,999 $173 $22,113 $183 $24,112 
Held-to-Maturity:      
Corporate bonds$5 $995 $— $— $5 $995 
Total held-to-maturity securities$5 $995 $— $— $5 $995 
Investments Classified by Contractual Maturity Date The following is a summary of the amortized cost and fair value of debt securities at September 30, 2020, by remaining period to contractual maturity (ignoring earlier call dates, if any).  Actual maturities may differ from contractual maturities because certain security issuers have the right to call or prepay their obligations.  The table below does not consider the effects of possible prepayments or unscheduled repayments.
$ in thousandsAmortized CostFair ValueWeighted
Average Yield
Available-for-Sale:
Less than one year$1,001 $1,002 1.71 %
One through five years3,763 3,723 3.04 %
Five through ten years6,402 6,343 1.32 %
After ten years44,521 44,463 1.84 %
Mortgage-backed securities47,367 47,544 1.26 %
Total$103,054 $103,075 1.58 %
Held-to-maturity:
One through five years$1,000 $991 4.23 %
Mortgage-backed securities8,501 8,926 2.4 %
Total$9,501 $9,917 2.82 %