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Note 3 - Acquisitions - Allocation of Preliminary Purchase Price (Details) - USD ($)
Mar. 31, 2017
May 13, 2016
Mar. 31, 2016
Sep. 11, 2015
Mar. 31, 2015
Goodwill $ 8,563,530   $ 6,767,811   $ 2,664,432
Fraternity Community Bancorp, Inc. [Member]          
Interest bearing deposits   $ 108,746,923      
Borrowings   15,793,537      
Other liabilities   4,023,914      
Total identifiable liabilities   129,806,561      
Net tangible assets acquired   23,585,608      
Total identifiable liabilities   129,806,561      
Net tangible assets acquired   23,585,608      
Definite lived intangible assets acquired   242,020      
Goodwill   1,877,243      
Net intangible assets acquired   2,119,263      
Total cash consideration   25,704,871      
Cash and cash equivalents   15,196,058      
Investment securities available for sale   17,570,712      
FHLB Bank Stock   782,600      
Loans   108,804,183      
Allowance For Loan Loss        
Premises and equipment   769,806      
Bank-Owned Life Insurance   5,058,041      
Deferred income taxes   2,333,104      
Other assets   2,877,665      
Total identifiable assets   153,392,169      
Non-interest bearing deposits   1,242,187      
Net intangible assets acquired   2,119,263      
Total cash consideration   25,704,871      
Fraternity Community Bancorp, Inc. [Member] | Carrying Amount by Acquiree [Member]          
Interest bearing deposits   107,648,792      
Borrowings   15,000,000      
Other liabilities   4,023,914      
Total identifiable liabilities   127,914,893      
Net tangible assets acquired   24,326,800      
Total identifiable liabilities   127,914,893      
Net tangible assets acquired   24,326,800      
Definite lived intangible assets acquired        
Goodwill        
Net intangible assets acquired        
Total cash consideration   24,326,800      
Cash and cash equivalents   15,196,058      
Investment securities available for sale   17,570,712      
FHLB Bank Stock   782,600      
Loans   108,872,041      
Allowance For Loan Loss   (1,550,000)      
Premises and equipment   691,095      
Bank-Owned Life Insurance   5,058,041      
Deferred income taxes   2,743,481      
Other assets   2,877,665      
Total identifiable assets   152,241,693      
Non-interest bearing deposits   1,242,187      
Net intangible assets acquired        
Total cash consideration   24,326,800      
Fraternity Community Bancorp, Inc. [Member] | Fair Value Adjustments [Member]          
Interest bearing deposits [1]   1,098,131      
Borrowings [2]   793,537      
Other liabilities        
Total identifiable liabilities   1,891,668      
Net tangible assets acquired   (741,192)      
Total identifiable liabilities   1,891,668      
Net tangible assets acquired   (741,192)      
Definite lived intangible assets acquired   242,020      
Goodwill   1,877,243      
Net intangible assets acquired   2,119,263      
Total cash consideration   1,378,071      
Cash and cash equivalents        
Investment securities available for sale        
FHLB Bank Stock        
Loans [3]   (67,858)      
Allowance For Loan Loss [3]   1,550,000      
Premises and equipment [4]   78,711      
Bank-Owned Life Insurance        
Deferred income taxes [5]   (410,377)      
Other assets        
Total identifiable assets   1,150,476      
Non-interest bearing deposits        
Net intangible assets acquired   2,119,263      
Total cash consideration   $ 1,378,071      
Fairmount Bancorp, Inc. [Member]          
Interest bearing deposits       $ 52,557,297  
Borrowings       10,889,147  
Other liabilities       120,351  
Total identifiable liabilities       64,476,464  
Net tangible assets acquired       9,637,225  
Total identifiable liabilities       64,476,464  
Net tangible assets acquired       9,637,225  
Definite lived intangible assets acquired       542,540  
Goodwill       4,012,605  
Net intangible assets acquired       4,555,145  
Total cash consideration       14,192,370  
Cash and cash equivalents       1,468,499  
Certificates of deposit       4,495,597  
Investment securities available for sale       9,729,405  
Loans       53,577,912  
Allowance For Loan Loss        
Premises and equipment       2,248,590  
Core Deposit Intangible        
Deferred income taxes       1,561,931  
Other assets       1,031,755  
Total identifiable assets       74,113,689  
Non-interest bearing deposits       909,669  
Net intangible assets acquired       4,555,145  
Total cash consideration       14,192,370  
Fairmount Bancorp, Inc. [Member] | Carrying Amount by Acquiree [Member]          
Interest bearing deposits       52,123,868  
Borrowings       10,500,000  
Other liabilities       120,351  
Total identifiable liabilities       63,653,888  
Net tangible assets acquired       11,870,585  
Total identifiable liabilities       63,653,888  
Net tangible assets acquired       11,870,585  
Definite lived intangible assets acquired        
Goodwill        
Net intangible assets acquired        
Total cash consideration       11,870,585  
Cash and cash equivalents       1,468,499  
Certificates of deposit       4,467,825  
Investment securities available for sale       9,729,405  
Loans       55,454,414  
Allowance For Loan Loss       (591,070)  
Premises and equipment       2,975,587  
Core Deposit Intangible       22,802  
Deferred income taxes       965,256  
Other assets       1,031,755  
Total identifiable assets       75,524,473  
Non-interest bearing deposits       909,669  
Net intangible assets acquired        
Total cash consideration       11,870,585  
Fairmount Bancorp, Inc. [Member] | Fair Value Adjustments [Member]          
Interest bearing deposits [1]       433,429  
Borrowings [2]       389,147  
Other liabilities        
Total identifiable liabilities       822,576  
Net tangible assets acquired       (2,233,360)  
Total identifiable liabilities       822,576  
Net tangible assets acquired       (2,233,360)  
Definite lived intangible assets acquired       542,540  
Goodwill       4,012,605  
Net intangible assets acquired       4,555,145  
Total cash consideration       2,321,785  
Cash and cash equivalents        
Certificates of deposit [6]       27,772  
Investment securities available for sale        
Loans [7]       (1,876,502)  
Allowance For Loan Loss [7]       591,070  
Premises and equipment [4]       (726,997)  
Core Deposit Intangible [8]       (22,802)  
Deferred income taxes [5]       596,675  
Other assets        
Total identifiable assets       (1,410,784)  
Non-interest bearing deposits        
Net intangible assets acquired       4,555,145  
Total cash consideration       $ 2,321,785  
[1] Adjustment arises since the rates on interest-bearing deposits are higher than rates available on similar deposits as of the acquisition date.
[2] Adjustment reflects the fair value of Fraternity's borrowings acquired on acquisition date.
[3] Adjustment reflects the fair value adjustments based on Hamilton Bancorp's evaluation of the acquired loan portfolio and excludes the allowance for losses recorded by Fraternity Community Bancorp, Inc.
[4] Adjustment reflects the fair value adjustments based on Hamilton Bancorp's evaluation of the acquired premises and equipment.
[5] Adjustment to record deferred tax asset related to fair value adjustments at 39.45% income tax rate.
[6] Adjustment reflects marking the certificates of deposit portfolio to fair value as of the acquisition date.
[7] Adjustment reflects the fair value adjustments based on Hamilton Bancorp's evaluation of the acquired loan portfolio and excludes the allowance for losses recorded by Fairmount Bancorp, Inc.
[8] Adjustment reflects the elimination of core deposit intangible recorded by Fairmount Bancorp, Inc. from an acquisition prior.