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Note 3 - Acquisitions - Allocation of Preliminary Purchase Price (Details) - USD ($)
Jun. 30, 2017
Mar. 31, 2017
Jun. 30, 2016
May 13, 2016
Mar. 31, 2016
Goodwill $ 8,563,530 $ 8,563,530 $ 9,822,026   $ 6,767,811
Fraternity Community Bancorp, Inc. [Member]          
Cash and cash equivalents       $ 15,196,058  
Investment securities available for sale       17,570,712  
FHLB Bank Stock       782,600  
Loans [1]       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  
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  
Definite lived intangible assets acquired       242,020  
Goodwill       1,877,243  
Net intangible assets acquired       2,119,263  
Total cash consideration       25,704,871  
Fraternity Community Bancorp, Inc. [Member] | Carrying Amount by Acquiree [Member]          
Cash and cash equivalents       15,196,058  
Investment securities available for sale       17,570,712  
FHLB Bank Stock       782,600  
Loans [1]       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  
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  
Definite lived intangible assets acquired        
Goodwill        
Net intangible assets acquired        
Total cash consideration       24,326,800  
Fraternity Community Bancorp, Inc. [Member] | Fair Value Adjustments [Member]          
Cash and cash equivalents        
Investment securities available for sale        
FHLB Bank Stock        
Loans [1]       (67,858)  
Allowance For Loan Loss [1]       1,550,000  
Premises and equipment [2]       78,711  
Bank-Owned Life Insurance        
Deferred income taxes [3]       (410,377)  
Other assets        
Total identifiable assets       1,150,476  
Non-interest bearing deposits        
Interest bearing deposits [4]       1,098,131  
Borrowings [5]       793,537  
Other liabilities        
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  
[1] 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.
[2] Adjustment reflects the fair value adjustments based on Hamilton Bancorp’s evaluation of the acquired premises and equipment.
[3] Adjustment to record deferred tax asset related to fair value adjustments at 39.45% income tax rate.
[4] Adjustment arises since the rates on interest-bearing deposits are higher than rates available on similar deposits as of the acquisition date.
[5] Adjustment reflects the fair value of Fraternity’s borrowings acquired on acquisition date.