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Loans Receivable and ALLL (Tables)
 6 Months Ended
Sep. 30, 2020
Loans and Leases Receivable Disclosure [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable The following is a summary of loans receivable at September 30, 2020 and March 31, 2020:
September 30, 2020
March 31, 2020
$ in thousandsAmountPercentAmountPercent
Gross loans receivable:    
One-to-four family$86,028 18.7 %$105,532 24.8 %
Multifamily96,431 20.9 %89,241 21.0 %
Commercial real estate146,953 31.9 %141,761 33.3 %
Business (1)
128,998 27.9 %85,425 20.1 %
Consumer (2)
2,847 0.6 %3,213 0.8 %
Total loans receivable$461,257 100.0 %$425,172 100.0 %
Unamortized premiums, deferred costs and fees, net2,942 3,560 
Allowance for loan losses(4,916)(4,946)
Total loans receivable, net$459,283 $423,786 
(1) Includes PPP loans and business overdrafts
(2) Includes personal loans and consumer overdrafts
Allowance for Loan Losses The following is an analysis of the allowance for loan losses based upon the method of evaluating loan impairment for the three and six month periods ended September 30, 2020 and 2019, and the fiscal year ended March 31, 2020.
Three months ended September 30, 2020
$ in thousandsOne-to-four
family		MultifamilyCommercial Real EstateBusinessConsumerUnallocatedTotal
Allowance for loan losses:
Beginning Balance972 911 955 1,511 202 285 4,836 
Charge-offs— — — (9)— — (9)
Recoveries87 — — 2 1 — 90 
Provision for (recovery of) Loan Losses(106)49 14 132 (14)(76)(1)
Ending Balance$953 $960 $969 $1,636 $189 $209 $4,916 
Six months ended September 30, 2020
$ in thousandsOne-to-four
family		MultifamilyCommercial Real EstateBusinessConsumer UnallocatedTotal
Allowance for loan losses:     
Beginning Balance$1,055 $1,011 $812 $1,567 $212 $289 $4,946 
Charge-offs— — — (19)— — (19)
Recoveries87 — — 2 3 — 92 
Provision for (recovery of) Loan Losses(189)(51)157 86 (26)(80)(103)
Ending Balance$953 $960 $969 $1,636 $189 $209 $4,916 
Allowance for Loan Losses Ending Balance: collectively evaluated for impairment$920 $960 $969 $1,626 $189 $209 $4,873 
Allowance for Loan Losses Ending Balance: individually evaluated for impairment33 — — 10 — — 43 
Loan Receivables Ending Balance:$87,569 $97,162 $147,951 $128,641 $2,876 $— $464,199 
Ending Balance: collectively evaluated for impairment83,719 96,790 146,791 125,669 2,876 — 455,845 
Ending Balance: individually evaluated for impairment3,850 372 1,160 2,972 — — 8,354 

At March 31, 2020
$ in thousandsOne-to-four familyMultifamilyCommercial Real EstateBusinessConsumerUnallocatedTotal
Allowance for Loan Losses Ending Balance: collectively evaluated for impairment$899 $1,011 $812 $1,557 $212 $289 $4,780 
Allowance for Loan Losses Ending Balance: individually evaluated for impairment156 — — 10 — — 166 
Loan Receivables Ending Balance:$107,528 $89,887 $142,410 $85,659 $3,248 $— $428,732 
Ending Balance: collectively evaluated for impairment102,902 89,512 142,410 82,210 3,248 — 420,282 
Ending Balance: individually evaluated for impairment4,626 375 — 3,449 — — 8,450 

Three months ended September 30, 2019
$ in thousandsOne-to-four familyMultifamilyCommercial Real EstateBusinessConsumerUnallocatedTotal
Allowance for loan losses:
Beginning Balance$1,232 $875 $668 $1,400 $240 $255 $4,670 
Charge-offs— — — (56)(6)— (62)
Recoveries8 — — 2 — — 10 
Provision for (recovery of) Loan Losses49 9 27 145 14 (237)7 
Ending Balance$1,289 $884 $695 $1,491 $248 $18 $4,625 
Six months ended September 30, 2019
$ in thousandsOne-to-four familyMultifamilyCommercial Real EstateBusinessConsumerUnallocatedTotal
Allowance for loan losses:
Beginning Balance$1,274 $885 $766 $1,330 $154 $237 $4,646 
Charge-offs— — — (56)(73)— (129)
Recoveries8 — — 90 2 — 100 
Provision for (recovery of) Loan Losses7 (1)(71)127 165 (219)8 
Ending Balance$1,289 $884 $695 $1,491 $248 $18 $4,625 
Schedule Nonaccrual Loans The following is a summary of nonaccrual loans at September 30, 2020 and March 31, 2020.
$ in thousands
September 30, 2020
March 31, 2020
Gross loans receivable: 
One-to-four family$3,541 $3,582 
Multifamily372 375 
Commercial real estate1,160 — 
Business2,346 2,797 
Consumer— 22 
Total nonaccrual loans$7,419 $6,776 
Loans Receivable, Credit Quality Indicators At September 30, 2020, and based on the most recent analysis performed in the current quarter, the risk category by class of loans is as follows:
$ in thousandsMultifamilyCommercial
Real Estate		Business
Credit Risk Profile by Internally Assigned Grade:   
Pass$96,790 $145,416 $124,059 
Special Mention— 1,375 1,610 
Substandard372 1,160 2,972 
Total$97,162 $147,951 $128,641 
One-to-four familyConsumer
Credit Risk Profile Based on Payment Activity:
Performing$84,612 $2,876 
Non-Performing2,957 — 
Total$87,569 $2,876 

    At March 31, 2020, and based on the most recent analysis performed, the risk category by class of loans is as follows:
$ in thousandsMultifamilyCommercial Real EstateBusiness
Credit Risk Profile by Internally Assigned Grade:
Pass$89,512 $141,793 $80,016 
Special Mention— 617 2,184 
Substandard 375 — 3,459 
Total$89,887 $142,410 $85,659 
One-to-four familyConsumer
Credit Risk Profile Based on Payment Activity:
Performing$103,946 $3,225 
Non-Performing3,582 23 
Total$107,528 $3,248 
Past Due Financing Receivables The following table presents an aging analysis of the recorded investment of past due loans receivables at September 30, 2020 and March 31, 2020.
September 30, 2020
$ in thousands30-59 Days
Past Due		60-89 Days
Past Due		90 or More Days Past DueTotal Past
Due		CurrentTotal Loans
Receivables
One-to-four family$799 $— $2,957 $3,756 $83,813 $87,569 
Multifamily729 483 — 1,212 95,950 97,162 
Commercial real estate936 — 5,917 6,853 141,098 147,951 
Business808 4,994 1,282 7,084 121,557 128,641 
Consumer176 101 — 277 2,599 2,876 
Total$3,448 $5,578 $10,156 $19,182 $445,017 $464,199 

March 31, 2020
$ in thousands30-59 Days
Past Due		60-89 Days
Past Due		90 or More Days Past DueTotal Past
Due		CurrentTotal Loans Receivables
One-to-four family$1,410 $— $3,202 $4,612 $102,916 $107,528 
Multifamily490 — — 490 89,397 89,887 
Commercial real estate6,621 — — 6,621 135,789 142,410 
Business1,360 3 700 2,063 83,596 85,659 
Consumer103 1 23 127 3,121 3,248 
Total$9,984 $4 $3,925 $13,913 $414,819 $428,732 
Impaired Loans The following table presents information on impaired loans with the associated allowance amount, if applicable, at September 30, 2020 and March 31, 2020.
At September 30, 2020
At March 31, 2020
$ in thousandsRecorded
Investment		Unpaid
Principal
Balance		Associated
Allowance		Recorded
Investment		Unpaid
Principal
Balance		Associated
Allowance
With no specific allowance recorded:
One-to-four family$3,772 $4,431 $— $3,819 $4,566 $— 
Multifamily372 373 — 375 376 — 
Commercial real estate1,160 1,160 — — — — 
Business2,419 2,555 — 2,797 2,917 — 
With an allowance recorded:
One-to-four family78 73 33 807 803 156 
Business553 553 10 652 652 10 
Total$8,354 $9,145 $43 $8,450 $9,314 $166 

    The following tables presents information on average balances of impaired loans and the interest income recognized on a cash basis for the three and six month periods ended September 30, 2020 and 2019.
For the Three Months Ended September 30,
For the Six Months Ended September 30,
2020201920202019
$ in thousandsAverage BalanceInterest Income RecognizedAverage BalanceInterest Income RecognizedAverage BalanceInterest Income RecognizedAverage BalanceInterest Income Recognized
With no specific allowance recorded:
One-to-four family$3,795 $10 $4,185 $14 $3,840 $35 $4,241 $30 
Multifamily374 4 2,789 14 373 9 2,824 41 
Commercial real estate580 — — — 2,649 — 238 — 
Business2,608 26 1,699 16 2,555 55 1,696 41 
With an allowance recorded:
One-to-four family442 — 869 — 317 — 872 — 
Business602 — 1,067 — 602 — 1,088 — 
Total$8,401 $40 $10,609 $44 $10,336 $99 $10,959 $112