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Consolidated Statements of Operations - USD ($)
12 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Interest revenue    
Loans, including fees $ 9,644,443 $ 7,331,308
U.S. treasuries, government agencies and FHLB stock 350,718 425,951
Municipal and corporate bonds 124,863 139,989
Mortgage-backed securities 1,102,062 1,459,333
Federal funds sold and other bank deposits 96,433 25,755
Total interest revenue 11,318,519 9,382,336
Interest expense    
Deposits 1,742,294 1,657,588
Borrowed funds 101,100 4,221
Total interest expense 1,843,394 1,661,809
Net interest income 9,475,125 7,720,527
Provision for loan losses 440,000 170,000
Net interest income after provision for loan losses 9,035,125 7,550,527
Noninterest revenue    
Service charges 383,289 400,263
Gain on sale of investment securities 271,559 271,551
Gain on sale of loans held for sale 44,831 35,066
Gain on sale of property and equipment 407,188 1,832
Earnings on bank-owned life insurance 349,938 357,891
Other 97,703 41,137
Total noninterest revenue 1,554,508 1,107,740
Noninterest expenses    
Salaries 4,073,546 3,886,252
Employee benefits 1,145,065 1,172,654
Occupancy 779,325 746,762
Advertising 138,791 141,288
Furniture and equipment 318,218 314,282
Data processing 585,825 547,227
Legal services 162,917 279,520
Other professional services 383,125 374,520
Merger related expenses 899,606 73,505
Deposit insurance premiums 227,112 231,442
Foreclosed real estate expense and losses 17,157 222,041
Other operating 1,529,871 1,320,436
Total noninterest expense 10,260,558 9,309,929
Income (loss) before income taxes 329,075 (651,662)
Income tax expense (benefit) 421,691 (337,353)
Net loss $ (92,616) $ (314,309)
Net income per common share:    
Basic (in dollars per share) $ (0.03) $ (0.10)
Diluted (in dollars per share) $ (0.03) $ (0.10)