Note 7 - Loans Receivable and Allowance for Loan Losses (Tables)

12 Months Ended

Mar. 31, 2016

Notes Tables

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

	March 31, 2016												March 31, 2015
	Legacy (1)			Acquired			Total Loans			% of Total			Legacy (1)			% of Total
Real estate loans:
One-to four-family:
Residential	$	46,263,709		$	23,036,569		$	69,300,278			31	%	$	49,864,923			31	%
Residential construction		4,304,189			965,440			5,269,629			2	%		3,955,702			2	%
Investor (2)		12,076,911			15,783,008			27,859,919			13	%		12,971,519			8	%
Commercial		75,225,984			2,889,219			78,115,203			35	%		59,273,398			37	%
Commercial construction		1,982,571			1,274,148			3,256,719			2	%		2,405,849			1	%
Total real estate loans		139,853,364			43,948,384			183,801,748			83	%		128,471,391			79	%
Commercial business		17,773,967			2,621,625			20,395,592			9	%		18,489,603			12	%
Home equity loans		12,222,688			2,168,073			14,390,761			6	%		12,261,292			8	%
Consumer		3,072,677			1,106,434			4,179,111			2	%		1,166,155			1	%
Total Loans		172,922,696			49,844,516			222,767,212			100	%		160,388,441			100	%
Net deferred loan origination fees and costs		(139,321	)		-			(139,321	)					(103,247	)
Loan premium (discount)		77,983			(846,818	)		(768,835	)					-
	$	172,861,358		$	48,997,698		$	221,859,056					$	160,285,194

Allowance for Credit Losses on Financing Receivables [Table Text Block]

	Legacy											Acquired
	Allowance		Provision for			Charge				Allowance		Allowance		Provision for		Charge				Allowance
March 31, 2016	3/31/2015		loan losses			offs		Recoveries		3/31/2016		3/31/2015		loan losses		offs		Recoveries		3/31/2016
Real estate loans:
One-to four-family	$	433,570	$	164,809		$	171,200	$	848	$	428,027	$	-	$	95,703	$	120,538	$	24,835	$	-
Commercial		585,817		883,852			567,901		-		901,768		-		-		-		-		-
Commercial construction		67,835		(262,362	)		-		236,904		42,377		-		-		-		-		-
Commercial business		473,127		(426,731	)		10,533		192,336		228,199		-		-		-		-		-
Home equity loans		98,983		(10,971	)		6,000		-		82,012		-		-		-		-		-
Consumer		727		25,877			16,337		9,715		19,982		-		-		-		-		-
Unallocated		30,177		(30,177	)		-		-		-		-		-		-		-		-
	$	1,690,236	$	344,297		$	771,971	$	439,803	$	1,702,365	$	-	$	95,703	$	120,538	$	24,835	$	-

	Legacy
Year Ended:	Allowance		Provision for			Charge				Allowance
March 31, 2015	3/31/2014		Loan Losses			offs		Recoveries		3/31/2015
Real estate loans:
One-to four-family	$	528,362	$	38,738		$	138,821	$	5,291	$	433,570
Commercial		575,881		9,936			-		-		585,817
Commercial construction		60,361		7,474			-		-		67,835
Commercial business		590,975		(82,390	)		83,879		48,421		473,127
Home equity loans		27,181		169,990			100,693		2,505		98,983
Consumer		3,213		(3,925	)		-		1,439		727
Unallocated		-		30,177			-		-		30,177
	$	1,785,973	$	170,000		$	323,393	$	57,656	$	1,690,236

	Legacy								Acquired
	Allowance				Loan Balance				Allowance				Loan Balance
	Individually		Collectively		Individually		Collectively		Individually		Collectively		Individually		Collectively
	evaluated		evaluated		evaluated		evaluated		evaluated		evaluated		evaluated		evaluated
	for		for		for		for		for		for		for		for
March 31, 2016	impairment		impairment		impairment		impairment		impairment		impairment		impairment		impairment
Real estate loans:
One-to four-family	$	59,571	$	368,456	$	1,918,527	$	60,726,282	$	-	$	-	$	1,210,306	$	38,574,711
Commercial		-		901,768		2,717,144		72,508,840		-		-		211,239		2,677,980
Commercial construction		-		42,377		-		1,982,571		-		-		-		1,274,148
Commercial business		-		228,199		1,279,233		16,494,734		-		-		-		2,621,625
Home equity loans		-		82,012		59,169		12,163,519		-		-		-		2,168,073
Consumer		-		19,982		-		3,072,677		-		-		42,488		1,063,946
Unallocated		-		-		-		-		-		-		-		-
	$	59,571	$	1,642,794	$	5,974,073	$	166,948,623	$	-	$	-	$	1,464,033	$	48,380,483

	Legacy
	Allowance				Loan Balance
	Individually		Collectively		Individually		Collectively
	Evaluated		Evaluated		Evaluated		Evaluated
	for		for		for		for
March 31, 2015	Impairment		Impairment		Impairment		Impairment
Real estate loans:
One-to four-family	$	97,632	$	335,938	$	2,092,580	$	64,699,564
Commercial		-		585,817		3,358,447		55,914,951
Commercial construction		-		67,835		1,374,530		1,031,319
Commercial business		730		472,397		2,010,424		16,479,179
Home equity loans		-		98,983		15,229		12,246,063
Consumer		-		727		-		1,166,155
Unallocated		-		30,177		-		-
	$	98,362	$	1,591,874	$	8,851,210	$	151,537,231

Past Due Financing Receivables [Table Text Block]

					Loans								Accruing				Nonaccrual
	Loans		Loans		90 or more								loans 90 or				interest
	30-59 days		60-89 days		days		Total past		Current				more days		Nonaccrual		not
March 31, 2016	past due		past due		past due		due loans		loans		Total loans		past due		loans		accrued
Legacy Loans:
Real estate loans:
One-to four-family	$	468,887	$	99,360	$	388,104	$	956,351	$	61,688,458	$	62,644,809	$	165,701	$	511,939	$	18,494
Commercial		-		-		2,717,144		2,717,144		72,508,840		75,225,984		-		2,717,144		-
Commercial Construction		-		-		-		-		1,982,571		1,982,571		-		-		-
Commercial		-		-		121,760		121,760		17,652,207		17,773,967		-		121,760		47,646
Home equity loans		20,753		-		43,073		63,826		12,158,862		12,222,688		-		49,462		1,007
Consumer		-		-		-		-		3,072,677		3,072,677		-		-		-
	$	489,640	$	99,360	$	3,270,081	$	3,859,081	$	169,063,615	$	172,922,696	$	165,701	$	3,400,305	$	67,147

					Loans								Accruing				Nonaccrual
	Loans		Loans		90 or more								loans 90 or				interest
	30-59 days		60-89 days		days		Total past		Current				more days		Nonaccrual		not
March 31, 2016	past due		past due		past due		due loans		loans		Total loans		past due		loans		accrued
Acquired Loans:
Real estate loans:
One-to four-family	$	42,800	$	-	$	1,480,508	$	1,523,308	$	38,261,709	$	39,785,017	$	542,236	$	938,272	$	118,381
Commercial		-		-		-		-		2,889,219		2,889,219		-		-		-
Commercial Construction		-		-		-		-		1,274,148		1,274,148		-		-		-
Commercial		-		-		-		-		2,621,625		2,621,625		-		-		-
Home equity loans		-		-		-		-		2,168,073		2,168,073		-		-		-
Consumer		-		-		3,535		3,535		1,102,899		1,106,434		-		3,535		178
	$	42,800	$	-	$	1,484,043	$	1,526,843	$	48,317,673	$	49,844,516	$	542,236	$	941,807	$	118,559

					Loans								Accruing				Nonaccrual
	Loans		Loans		90 or more								loans 90 or				interest
	30-59 days		60-89 days		days		Total past		Current				more days		Nonaccrual		not
March 31, 2015	past due		past due		past due		due loans		loans		Totals loans		past due		loans		accrued
Legacy Loans:
Real estate loans:
One-to four-family	$	299,259	$	158,898	$	487,617	$	945,774	$	65,846,370	$	66,792,144	$	-	$	639,191	$	28,338
Commercial		-		-		-		-		59,273,398		59,273,398		-		-		-
Commercial construction		-		-		1,374,530		1,374,530		1,031,319		2,405,849		-		1,374,530		11,975
Commercial business		-		733,809		225,573		959,382		17,530,221		18,489,603		-		225,573		82,789
Home equity loans		-		-		6,000		6,000		12,255,292		12,261,292		-		15,229		980
Consumer		187		492		-		679		1,165,476		1,166,155		-		-		-
	$	299,446	$	893,199	$	2,093,720	$	3,286,365	$	157,102,076	$	160,388,441	$	-	$	2,254,523	$	124,082

Impaired Financing Receivables [Table Text Block]

	Unpaid		Recorded		Recorded
	contractual		investment		investment		Total				Average
	principal		with no		with		recorded		Related		recorded		Interest
March 31, 2016	balance		allowance		allowance		investment		allowance		investment		recognized
Legacy Loans:
Real estate loans:
One-to four-family	$	2,116,820	$	626,719	$	1,291,808	$	1,918,527	$	59,571	$	1,865,000	$	63,498
Commercial		3,433,621		2,717,144		-		2,717,144		-		3,298,855		99,599
Commercial Construction		-		-		-		-		-		-		-
Commercial		1,884,258		1,279,233		-		1,279,233		-		1,557,871		147,101
Home equity loans		82,740		59,169		-		59,169		-		18,817		331
Consumer		-		-		-		-		-		-		-
	$	7,517,439	$	4,682,265	$	1,291,808	$	5,974,073	$	59,571	$	6,740,543	$	310,529

	Unpaid		Recorded		Recorded
	contractual		investment		investment		Total				Average
	principal		with no		with		recorded		Related		recorded		Interest
March 31, 2016	balance		allowance		allowance		investment		allowance		investment		recognized
Acquired Loans:
Real estate loans:
One-to four-family	$	2,444,002	$	1,210,306	$	-	$	1,210,306	$	-	$	1,387,353	$	86,587
Commercial		261,239		211,239		-		211,239		-		212,806		9,978
Commercial Construction		-		-		-		-		-		-		-
Commercial		-		-		-		-		-		-		-
Home equity loans		-		-		-		-		-		-		-
Consumer		72,358		42,488		-		42,488		-		43,233		7,086
	$	2,777,599	$	1,464,033	$	-	$	1,464,033	$	-	$	1,643,392	$	103,651

	Unpaid		Recorded		Recorded
	contractual		investment		investment		Total				Average
	principal		with no		with		recorded		Related		recorded		Interest
March 31, 2015	balance		allowance		allowance		investment		allowance		investment		recognized
Legacy Loans:
Real estate loans:
One-to four-family	$	2,221,429	$	652,411	$	1,440,169	$	2,092,580	$	97,632	$	2,176,952	$	72,593
Commercial		3,433,669		3,358,447		-		3,358,447		-		3,359,762		157,242
Commercial construction		2,549,027		1,374,530		-		1,374,530		-		1,775,778		-
Commercial business		2,730,393		1,961,074		49,350		2,010,424		730		2,810,816		96,056
Home equity loans		67,924		15,229		-		15,229		-		40,701		112
Consumer		-		-		-		-		-		-		-
	$	11,002,442	$	7,361,691	$	1,489,519	$	8,851,210	$	98,362	$	10,164,009	$	326,003

Certain Loans Acquired In Transfer not Accounted for as Debt Securities Changes in Recorded Investment Schedule [Table Text Block]

	2016
Recorded investment, beginning of period	$	-
Fair value of loans acquired during the year		980,943
Accretion		25,937
Reductions for payments		(87,151	)
Recorded investment, end of period	$	919,729
Outstanding principal balance, end of period	$	1,260,429

Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield Movement Schedule [Table Text Block]

	2016
Accretable yield, beginning of period		0
Addition from acquisition		59,142
Accretion		(25,937	)
Reclassification from nonaccretable difference		0
Other changes, net		(576	)
Accretable yield, end of period		32,629

Financing Receivable Credit Quality Indicators [Table Text Block]

	Legacy												Acquired
				Special												Special
March 31, 2016	Pass			mention			Substandard			Total			Pass			Mention			Substandard			Total
Real estate loans:
One-to four-family	$	59,969,105		$	2,272,150		$	403,554		$	62,644,809		$	38,039,563		$	535,148		$	1,210,306		$	39,785,017
Commercial		66,824,956			5,683,884			2,717,144			75,225,984			2,677,980			-			211,239			2,889,219
Commercial construction		1,982,571			-			-			1,982,571			1,274,148			-			-			1,274,148
Commercial		13,629,957			3,477,579			666,431			17,773,967			2,621,625			-			-			2,621,625
Home equity loans		12,163,519			-			59,169			12,222,688			2,168,073			-			-			2,168,073
Consumer		3,072,677			-			-			3,072,677			1,063,946			-			42,488			1,106,434
	$	157,642,785		$	11,433,613		$	3,846,298		$	172,922,696		$	47,845,335		$	535,148		$	1,464,033		$	49,844,516
Percentage of total loans		91.2	%		6.6	%		2.2	%		100	%		96.0	%		1.1	%		2.9	%		100	%

	Legacy
				Special
March 31, 2015	Pass			Mention			Substandard			Total
Real estate loans:
One-to four-family	$	64,467,025		$	1,678,604		$	646,515		$	66,792,144
Commercial		52,979,048			2,935,904			3,358,446			59,273,398
Commercial construction		1,031,319			-			1,374,530			2,405,849
Commercial business		13,966,656			3,126,880			1,396,067			18,489,603
Home equity loans		12,255,292			-			6,000			12,261,292
Consumer		1,165,476			679			-			1,166,155
	$	145,864,816		$	7,742,067		$	6,781,558		$	160,388,441
Percentage of total loans		91.0	%		4.8	%		4.2	%		100	%

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	Number of
March 31, 2016	contracts		Performing		Nonperforming		Total
Legacy Loans:
Real estate loans:
One-to four-family		12	$	1,457,552	$	101,449	$	1,559,001
Commercial		2		-		2,717,144		2,717,144
Commercial Construction		-		-		-		-
Commercial		2		647,654		-		647,654
Home equity loans		-		-		-		-
Consumer		-		-		-		-
		16	$	2,105,206	$	2,818,593	$	4,923,799

	Number of
March 31, 2016	contracts		Performing		Nonperforming		Total
Acquired Loans:
Real estate loans:
One-to four-family		-	$	-	$	-	$	-
Commercial		-		-		-		-
Commercial Construction		-		-		-		-
Commercial		-		-		-		-
Home equity loans		-		-		-		-
Consumer		-		-		-		-
		-	$	-	$	-	$	-

	Number of
March 31, 2015	contracts		Performing		Nonperforming		Total
Legacy Loans:
Real estate loans:
One-to four-family		5	$	1,366,132	$	74,085	$	1,440,217
Commercial		2		3,358,446		-		3,358,446
Commercial construction		-		-		-		-
Commercial business		3		614,358		59,883		674,241
Home equity loans		-		-		-		-
Consumer		-		-		-		-
		10	$	5,338,936	$	133,968	$	5,472,904

Schedule Of Modified Troubled Debt Restructurings On Financing Receivables [Table Text Block]

	Legacy				Acquired
	Number of		Outstanding recorded		Number of		Outstanding recorded
March 31, 2016	contracts		investment		contracts		investment
Real estate loans:
One-to four-family		7	$	147,578		-	$	-
Commercial		-		-		-		-
Commercial Construction		-		-		-		-
Commercial		-		-		-		-
Home equity loans		-		-		-		-
Consumer		-		-		-		-
		7	$	147,578	$	-	$	-

	Legacy
	Number of		Outstanding recorded
March 31, 2015	contracts		investment
Real estate loans:
One-to four-family		-	$	-
Commercial		2		3,358,446
Commercial Construction		-		-
Commercial		-		-
Home equity loans		-		-
Consumer		-		-
		2	$	3,358,446

Outstanding Commitments And Unused Lines Of Credit [Table Text Block]

	March 31,		March 31,
	2016		2015
Unused commercial lines of credit	$	9,845,571	$	8,074,686
Unused home equity lines of credit		16,004,725		15,885,344
Unused consumer lines of credit		29,656		31,876
Residential construction loan commitments		8,166,473		5,325,095
Commercial construction loan commitments		1,384,932		1,129,681
Home equity loan commitments		536,000		337,000
Commercial loan commitments		411,500		269,000
Standby letter of credit		273,981		50,000