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Note 5 - Loans Receivable and Allowance for Loan Losses - Activity in Allowance for Loan Losses (Details) - USD ($)
3 Months Ended
Jun. 30, 2018
Jun. 30, 2017
Mar. 31, 2018
Beginning balance $ 2,821,903 $ 2,194,815  
Charge-offs (47,412) (4,078)  
Recoveries 2,496 6,791  
Provision for credit losses 60,000 160,000  
Ending balance 2,836,987 2,357,528  
Loans 379,761,193   $ 389,221,239
Legacy Loans [Member]      
Individually evaluated for impairment 261,902 278,573  
Collectively evaluated for impairment 2,575,085 2,078,955  
Individually evaluated for impairment 10,234,745 4,051,915  
Collectively evaluated for impairment 262,345,317 225,724,481  
Loans 272,580,062 [1] 229,776,396 277,250,109 [1]
Acquired Loans [Member]      
Individually evaluated for impairment  
Collectively evaluated for impairment  
Individually evaluated for impairment 1,581,226 1,633,444  
Collectively evaluated for impairment 105,599,905 122,322,064  
Loans 107,181,131 123,955,508 111,971,130
Real Estate Loans [Member]      
Loans 302,982,355   309,465,974
Real Estate Loans [Member] | Legacy Loans [Member]      
Loans [1] 203,921,602   206,141,595
Real Estate Loans [Member] | Acquired Loans [Member]      
Loans 99,060,753   103,324,379
Real Estate Loans [Member] | Residential [Member]      
Beginning balance 608,723 553,539  
Charge-offs (8,047)  
Recoveries 767  
Provision for credit losses (232) (8,982)  
Ending balance 601,211 544,557  
Real Estate Loans [Member] | Residential [Member] | Legacy Loans [Member]      
Individually evaluated for impairment 261,902 278,573  
Collectively evaluated for impairment 339,309 265,984  
Individually evaluated for impairment 1,784,758 1,762,599  
Collectively evaluated for impairment 88,104,696 73,656,157  
Loans 89,889,454 75,418,756  
Real Estate Loans [Member] | Residential [Member] | Acquired Loans [Member]      
Individually evaluated for impairment  
Collectively evaluated for impairment  
Individually evaluated for impairment 892,087 1,177,729  
Collectively evaluated for impairment 69,617,121 79,118,824  
Loans 70,509,208 80,296,553  
Real Estate Loans [Member] | Investor Loans [Member]      
Beginning balance 51,690 35,275  
Charge-offs (5,580) (4,078)  
Recoveries 65 5,307  
Provision for credit losses 17,331 27,967  
Ending balance 63,506 64,471  
Real Estate Loans [Member] | Investor Loans [Member] | Legacy Loans [Member]      
Individually evaluated for impairment  
Collectively evaluated for impairment 63,506 64,471  
Individually evaluated for impairment 58,599 7,772  
Collectively evaluated for impairment 8,764,071 7,803,689  
Loans 8,822,670 7,811,461  
Real Estate Loans [Member] | Investor Loans [Member] | Acquired Loans [Member]      
Individually evaluated for impairment  
Collectively evaluated for impairment  
Individually evaluated for impairment 433,174 183,728  
Collectively evaluated for impairment 16,777,808 18,249,669  
Loans 17,210,982 18,433,397  
Real Estate Loans [Member] | Commercial [Member]      
Beginning balance 1,253,383 1,375,894  
Charge-offs (31,320)  
Recoveries  
Provision for credit losses 133,823 (63,736)  
Ending balance 1,355,886 1,312,158  
Loans 113,145,208   112,166,254
Real Estate Loans [Member] | Commercial [Member] | Legacy Loans [Member]      
Individually evaluated for impairment  
Collectively evaluated for impairment 1,355,886 1,312,158  
Individually evaluated for impairment 7,505,365 1,546,811  
Collectively evaluated for impairment 95,153,651 91,081,612  
Loans 102,659,016 [1] 92,628,423 100,403,769 [1]
Real Estate Loans [Member] | Commercial [Member] | Acquired Loans [Member]      
Individually evaluated for impairment  
Collectively evaluated for impairment  
Individually evaluated for impairment 197,259 203,215  
Collectively evaluated for impairment 10,288,933 14,196,187  
Loans 10,486,192 14,399,402 11,762,485
Real Estate Loans [Member] | Commercial Construction [Member]      
Beginning balance 33,430 9,031  
Charge-offs  
Recoveries  
Provision for credit losses (18,637) 17,956  
Ending balance 14,793 26,987  
Loans 3,404,832   7,115,803
Real Estate Loans [Member] | Commercial Construction [Member] | Legacy Loans [Member]      
Individually evaluated for impairment  
Collectively evaluated for impairment 14,793 26,987  
Individually evaluated for impairment  
Collectively evaluated for impairment 2,550,462 2,326,457  
Loans 2,550,462 [1] 2,326,457 5,763,784 [1]
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 854,370 1,191,507  
Loans 854,370 1,191,507 1,352,019
Commercial Portfolio Segment [Member]      
Beginning balance 673,982 149,461  
Charge-offs  
Recoveries 175  
Provision for credit losses (64,610) 193,458  
Ending balance 609,372 343,094  
Loans [2] 38,967,140   40,143,965
Commercial Portfolio Segment [Member] | Legacy Loans [Member]      
Individually evaluated for impairment  
Collectively evaluated for impairment 609,372 343,094  
Individually evaluated for impairment 858,762 723,753  
Collectively evaluated for impairment 36,202,608 34,615,330  
Loans 37,061,370 [1],[2] 35,339,083 38,302,739 [1],[2]
Commercial Portfolio Segment [Member] | Acquired Loans [Member]      
Individually evaluated for impairment  
Collectively evaluated for impairment  
Individually evaluated for impairment  
Collectively evaluated for impairment 1,905,770 2,037,264  
Loans 1,905,770 [2] 2,037,264 1,841,226 [2]
Home Equity Loans [Member]      
Beginning balance 69,459 70,071  
Charge-offs  
Recoveries  
Provision for credit losses (1,192) (5,410)  
Ending balance 68,267 64,661  
Loans 19,210,772   19,995,789
Home Equity Loans [Member] | Legacy Loans [Member]      
Individually evaluated for impairment  
Collectively evaluated for impairment 68,267 64,661  
Individually evaluated for impairment 7,408 10,980  
Collectively evaluated for impairment 13,728,056 14,105,667  
Loans 13,735,464 [1] 14,116,647 13,956,327 [1]
Home Equity Loans [Member] | Acquired Loans [Member]      
Individually evaluated for impairment  
Collectively evaluated for impairment  
Individually evaluated for impairment  
Collectively evaluated for impairment 5,475,308 6,668,685  
Loans 5,475,308 6,668,685 6,039,462
Consumer Portfolio Segment [Member]      
Beginning balance 131,236 1,544  
Charge-offs (2,465)  
Recoveries 1,664 1,309  
Provision for credit losses (6,483) (1,253)  
Ending balance 123,952 1,600  
Loans [3] 18,600,926   19,615,511
Consumer Portfolio Segment [Member] | Legacy Loans [Member]      
Individually evaluated for impairment  
Collectively evaluated for impairment 123,952 1,600  
Individually evaluated for impairment 19,853  
Collectively evaluated for impairment 17,841,773 2,135,569  
Loans 17,861,626 [1],[3] 2,135,569 18,849,448 [1],[3]
Consumer Portfolio Segment [Member] | Acquired Loans [Member]      
Individually evaluated for impairment  
Collectively evaluated for impairment  
Individually evaluated for impairment 58,706 68,772  
Collectively evaluated for impairment 680,595 859,928  
Loans $ 739,301 $ 928,700 $ 766,063 [3]
[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 loans purchased in second half of fiscal 2018.
[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.