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Note 7 - Loans Receivable and Allowance for Loan Losses - Activity in Allowance for Loan Losses (Details) - USD ($)
12 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Beginning balance $ 2,194,815 $ 1,702,365
Charge-offs (975,252) (2,952,930)
Recoveries 27,340 50,374
Provision for loan losses 1,575,000 3,395,006
Ending balance 2,821,903 2,194,815
Loans 389,221,239 338,999,832
Legacy Loans [Member]    
Individually evaluated for impairment 266,256 284,177
Collectively evaluated for impairment 2,555,647 1,909,456
Individually evaluated for impairment 7,094,524 4,091,563
Collectively evaluated for impairment 270,155,585 205,805,983
Loans [1] 277,250,109 209,897,546
Acquired Loans [Member]    
Individually evaluated for impairment 1,182
Collectively evaluated for impairment
Individually evaluated for impairment 1,625,455 1,565,485
Collectively evaluated for impairment 110,345,675 127,536,801
Loans 111,971,130 129,102,286
Real Estate Loans [Member]    
Loans 309,465,974 293,721,660
Real Estate Loans [Member] | Legacy Loans [Member]    
Loans [1] 206,141,595 174,842,452
Real Estate Loans [Member] | Acquired Loans [Member]    
Loans 103,324,379 118,879,208
Real Estate Loans [Member] | Residential [Member]    
Beginning balance 553,539 259,895
Charge-offs (19,868) (34,578)
Recoveries 3,937
Provision for loan losses 71,115 328,222
Ending balance 608,723 553,539
Real Estate Loans [Member] | Residential [Member] | Legacy Loans [Member]    
Individually evaluated for impairment 266,256 284,177
Collectively evaluated for impairment 342,467 269,362
Individually evaluated for impairment 1,827,040 1,762,417
Collectively evaluated for impairment 88,871,971 71,790,336
Loans 90,699,011 73,552,753
Real Estate Loans [Member] | Residential [Member] | Acquired Loans [Member]    
Individually evaluated for impairment
Collectively evaluated for impairment
Individually evaluated for impairment 922,252 1,133,646
Collectively evaluated for impairment 71,826,814 82,758,743
Loans 72,749,066 83,892,389
Real Estate Loans [Member] | Investor Loans [Member]    
Beginning balance 35,275 168,132
Charge-offs (315,663) (1,801,438)
Recoveries 18,129 11,599
Provision for loan losses 313,949 1,656,982
Ending balance 51,690 35,275
Real Estate Loans [Member] | Investor Loans [Member] | Legacy Loans [Member]    
Individually evaluated for impairment
Collectively evaluated for impairment 51,690 34,093
Individually evaluated for impairment 60,949 16,919
Collectively evaluated for impairment 9,214,082 6,725,550
Loans 9,275,031 6,742,469
Real Estate Loans [Member] | Investor Loans [Member] | Acquired Loans [Member]    
Individually evaluated for impairment 1,182
Collectively evaluated for impairment
Individually evaluated for impairment 444,254 186,888
Collectively evaluated for impairment 17,016,555 18,592,756
Loans 17,460,809 18,779,644
Real Estate Loans [Member] | Commercial [Member]    
Beginning balance 1,375,894 901,768
Charge-offs (244,014) (1,111,320)
Recoveries
Provision for loan losses 121,503 1,585,446
Ending balance 1,253,383 1,375,894
Loans 112,166,254 107,564,212
Real Estate Loans [Member] | Commercial [Member] | Legacy Loans [Member]    
Individually evaluated for impairment
Collectively evaluated for impairment 1,253,383 1,375,894
Individually evaluated for impairment 4,356,264 1,546,812
Collectively evaluated for impairment 96,047,505 91,118,877
Loans [1] 100,403,769 92,665,689
Real Estate Loans [Member] | Commercial [Member] | Acquired Loans [Member]    
Individually evaluated for impairment
Collectively evaluated for impairment
Individually evaluated for impairment 198,938 204,844
Collectively evaluated for impairment 11,563,547 14,693,679
Loans 11,762,485 14,898,523
Real Estate Loans [Member] | Commercial construction [Member]    
Beginning balance 9,031 42,377
Charge-offs
Recoveries
Provision for loan losses 24,399 (33,346)
Ending balance 33,430 9,031
Loans 7,115,803 3,190,193
Real Estate Loans [Member] | Commercial construction [Member] | Legacy Loans [Member]    
Individually evaluated for impairment
Collectively evaluated for impairment 33,430 9,031
Individually evaluated for impairment
Collectively evaluated for impairment 5,763,784 1,881,541
Loans [1] 5,763,784 1,881,541
Real Estate Loans [Member] | Commercial construction [Member] | Acquired Loans [Member]    
Individually evaluated for impairment
Collectively evaluated for impairment
Individually evaluated for impairment
Collectively evaluated for impairment 1,352,019 1,308,652
Loans 1,352,019 1,308,652
Commercial Portfolio Segment [Member]    
Beginning balance 149,461 228,199
Charge-offs (378,694) (1,521)
Recoveries 770 29,257
Provision for loan losses 902,445 (106,474)
Ending balance 673,982 149,461
Loans [2] 40,143,965 21,537,366
Commercial Portfolio Segment [Member] | Legacy Loans [Member]    
Individually evaluated for impairment
Collectively evaluated for impairment 673,982 149,461
Individually evaluated for impairment 795,410 753,375
Collectively evaluated for impairment 37,507,329 18,764,654
Loans [1],[2] 38,302,739 19,518,029
Commercial Portfolio Segment [Member] | Acquired Loans [Member]    
Individually evaluated for impairment
Collectively evaluated for impairment
Individually evaluated for impairment
Collectively evaluated for impairment 1,841,226 2,019,337
Loans [2] 1,841,226 2,019,337
Home equity loans [Member]    
Beginning balance 70,071 82,012
Charge-offs
Recoveries
Provision for loan losses (612) (11,941)
Ending balance 69,459 70,071
Loans 19,995,789 20,544,370
Home equity loans [Member] | Legacy Loans [Member]    
Individually evaluated for impairment
Collectively evaluated for impairment 69,459 70,071
Individually evaluated for impairment 20,595 12,040
Collectively evaluated for impairment 13,935,732 13,266,189
Loans [1] 13,956,327 13,278,229
Home equity loans [Member] | Acquired Loans [Member]    
Individually evaluated for impairment
Collectively evaluated for impairment
Individually evaluated for impairment
Collectively evaluated for impairment 6,039,462 7,266,141
Loans 6,039,462 7,266,141
Consumer Portfolio Segment [Member]    
Beginning balance 1,544 19,982
Charge-offs (17,013) (4,073)
Recoveries 4,504 9,518
Provision for loan losses 142,201 (23,883)
Ending balance 131,236 1,544
Loans [3] 19,615,511 3,196,436
Consumer Portfolio Segment [Member] | Legacy Loans [Member]    
Individually evaluated for impairment
Collectively evaluated for impairment 131,236 1,544
Individually evaluated for impairment 34,266
Collectively evaluated for impairment 18,815,182 2,258,836
Loans [1],[3] 18,849,448 2,258,836
Consumer Portfolio Segment [Member] | Acquired Loans [Member]    
Individually evaluated for impairment
Collectively evaluated for impairment
Individually evaluated for impairment 60,011 40,107
Collectively evaluated for impairment 706,052 897,493
Loans [3] $ 766,063 $ 937,600
[1] As a result of the acquisition of Fraternity Community Bancorp, Inc., the parent company of Fraternity Federal Savings and Loan, in May 2016 and Fairmount Bancorp, Inc., the parent company of Fairmount Bank, in September 2015, we have segmented the portfolio into two components, loans originated by Hamilton Bank "Legacy" and loans acquired from Fraternity Community Bancorp, Inc. and Fairmount Bancorp, Inc. "Acquired".
[2] "Legacy" commercial business loans at March 31, 2018 includes a $15.5 million pool of commercial lease loans purchased in June 2017 and $3.2 million in guaranteed SBA purchased loans.
[3] "Legacy" consumer loans at March 31, 2018 includes $19.9 million of purchased loan pools consisting of recreational vehicles that were purchased in August and December 2017.