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Note 5 - Loans Receivable and Allowance for Loan Losses - Activity in Allowance for Loan Losses (Details) - USD ($)
3 Months Ended 6 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Mar. 31, 2018
Beginning balance $ 2,836,987 $ 2,357,528 $ 2,821,903 $ 2,194,815  
Charge-offs (83,253) (20,437) (130,665) (24,515)  
Recoveries 34,699 13,900 37,195 20,691  
Provision for credit losses 242,496 120,000 302,496 280,000  
Ending balance 3,030,929 2,470,991 3,030,929 2,470,991  
Loans 374,648,865   374,648,865   $ 389,221,239
Financial Asset Originated [Member]          
Individually evaluated for impairment, allowance 259,723 270,329 259,723 270,329  
Collectively evaluated for impairment, allowance 2,301,290 2,200,662 2,301,290 2,200,662  
Individually evaluated for impairment 6,805,310 7,122,736 6,805,310 7,122,736  
Collectively evaluated for impairment 263,303,658 242,235,707 263,303,658 242,235,707  
Loans 270,108,968 [1] 249,358,443 270,108,968 [1] 249,358,443 277,250,109 [1]
Financial Asset Acquired [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 469,916 469,916  
Individually evaluated for impairment 1,756,614 1,737,062 1,756,614 1,737,062  
Collectively evaluated for impairment 102,783,283 116,553,794 102,783,283 116,553,794  
Loans 104,539,897 118,290,856 104,539,897 118,290,856 111,971,130
Real Estate Loans [Member]          
Loans 299,698,738   299,698,738   309,465,974
Real Estate Loans [Member] | Financial Asset Originated [Member]          
Loans [1] 202,817,744   202,817,744   206,141,595
Real Estate Loans [Member] | Financial Asset Acquired [Member]          
Loans 96,880,994   96,880,994   103,324,379
Real Estate Loans [Member] | Residential [Member]          
Beginning balance 601,211 544,557 608,723 553,539  
Charge-offs (5,722) (8,907) (13,769) (8,907)  
Recoveries 1,475 2,242  
Provision for credit losses 68,712 (7,362) 68,480 (16,344)  
Ending balance 665,676 528,288 665,676 528,288  
Real Estate Loans [Member] | Residential [Member] | Financial Asset Originated [Member]          
Individually evaluated for impairment, allowance 257,866 270,329 257,866 270,329  
Collectively evaluated for impairment, allowance 260,437 257,959 260,437 257,959  
Individually evaluated for impairment 1,710,906 1,684,871 1,710,906 1,684,871  
Collectively evaluated for impairment 85,018,504 73,121,605 85,018,504 73,121,605  
Loans 86,729,410 74,806,476 86,729,410 74,806,476  
Real Estate Loans [Member] | Residential [Member] | Financial Asset Acquired [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 147,373 147,373  
Individually evaluated for impairment 1,002,307 1,260,264 1,002,307 1,260,264  
Collectively evaluated for impairment 67,930,546 76,403,162 67,930,546 76,403,162  
Loans 68,932,853 77,663,426 68,932,853 77,663,426  
Real Estate Loans [Member] | Investor Loans [Member]          
Beginning balance 63,506 64,471 51,690 35,275  
Charge-offs (2,531) (11,044) (8,111) (15,122)  
Recoveries 12,822 64 18,129  
Provision for credit losses 253,596 (13,994) 270,928 13,973  
Ending balance 314,571 52,255 314,571 52,255  
Real Estate Loans [Member] | Investor Loans [Member] | Financial Asset Originated [Member]          
Individually evaluated for impairment, allowance 1,857 1,857  
Collectively evaluated for impairment, allowance 50,278 52,255 50,278 52,255  
Individually evaluated for impairment 59,426 5,294 59,426 5,294  
Collectively evaluated for impairment 7,820,735 9,622,035 7,820,735 9,622,035  
Loans 7,880,161 9,627,329 7,880,161 9,627,329  
Real Estate Loans [Member] | Investor Loans [Member] | Financial Asset Acquired [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 262,436 262,436  
Individually evaluated for impairment 499,838 210,988 499,838 210,988  
Collectively evaluated for impairment 16,502,829 18,212,904 16,502,829 18,212,904  
Loans 17,002,667 18,423,892 17,002,667 18,423,892  
Real Estate Loans [Member] | Commercial [Member]          
Beginning balance 1,355,886 1,312,158 1,253,383 1,375,894  
Charge-offs (31,320)  
Recoveries 31,320 31,320  
Provision for credit losses (74,765) 48,275 59,058 (15,461)  
Ending balance 1,312,441 1,360,433 1,312,441 1,360,433  
Loans 115,696,478   115,696,478   112,166,254
Real Estate Loans [Member] | Commercial [Member] | Financial Asset Originated [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 1,272,762 1,360,433 1,272,762 1,360,433  
Individually evaluated for impairment 4,251,209 4,707,655 4,251,209 4,707,655  
Collectively evaluated for impairment 101,427,804 90,250,315 101,427,804 90,250,315  
Loans 105,679,013 [1] 94,957,970 105,679,013 [1] 94,957,970 100,403,769 [1]
Real Estate Loans [Member] | Commercial [Member] | Financial Asset Acquired [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 39,679 39,679  
Individually evaluated for impairment 196,697 201,573 196,697 201,573  
Collectively evaluated for impairment 9,820,768 11,912,984 9,820,768 11,912,984  
Loans 10,017,465 12,114,557 10,017,465 12,114,557 11,762,485
Real Estate Loans [Member] | Commercial Construction [Member]          
Beginning balance 14,793 26,987 33,430 9,031  
Charge-offs  
Recoveries  
Provision for credit losses (2,403) (14,913) (21,040) 3,043  
Ending balance 12,390 12,074 12,390 12,074  
Loans 3,457,168   3,457,168   7,115,803
Real Estate Loans [Member] | Commercial Construction [Member] | Financial Asset Originated [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 11,381 12,074 11,381 12,074  
Individually evaluated for impairment  
Collectively evaluated for impairment 2,529,160 2,081,647 2,529,160 2,081,647  
Loans 2,529,160 [1] 2,081,647 2,529,160 [1] 2,081,647 5,763,784 [1]
Real Estate Loans [Member] | Commercial Construction [Member] | Financial Asset Acquired [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 1,009 1,009  
Individually evaluated for impairment  
Collectively evaluated for impairment 928,008 1,058,534 928,008 1,058,534  
Loans 928,008 1,058,534 928,008 1,058,534 1,352,019
Commercial Portfolio Segment [Member]          
Beginning balance 609,372 343,094 673,982 149,461  
Charge-offs (75,000) (75,000)  
Recoveries 206 381  
Provision for credit losses (1,761) (16,170) (66,371) 177,288  
Ending balance 532,611 327,130 532,611 327,130  
Loans [2] 37,889,576   37,889,576   40,143,965
Commercial Portfolio Segment [Member] | Financial Asset Originated [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 528,363 327,130 528,363 327,130  
Individually evaluated for impairment 769,307 702,352 769,307 702,352  
Collectively evaluated for impairment 35,365,069 33,340,191 35,365,069 33,340,191  
Loans 36,134,376 [1],[2] 34,042,543 36,134,376 [1],[2] 34,042,543 38,302,739 [1],[2]
Commercial Portfolio Segment [Member] | Financial Asset Acquired [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 4,248 4,248  
Individually evaluated for impairment  
Collectively evaluated for impairment 1,755,200 1,668,783 1,755,200 1,668,783  
Loans 1,755,200 [2] 1,668,783 1,755,200 [2] 1,668,783 1,841,226 [2]
Home Equity Loans [Member]          
Beginning balance 68,267 64,661 69,459 70,071  
Charge-offs  
Recoveries  
Provision for credit losses 4,564 (2,091) 3,372 (7,501)  
Ending balance 72,831 62,570 72,831 62,570  
Loans 19,367,708   19,367,708   19,995,789
Home Equity Loans [Member] | Financial Asset Originated [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 57,845 62,570 57,845 62,570  
Individually evaluated for impairment 7,254 22,564 7,254 22,564  
Collectively evaluated for impairment 14,176,278 13,641,850 14,176,278 13,641,850  
Loans 14,183,532 [1] 13,664,414 14,183,532 [1] 13,664,414 13,956,327 [1]
Home Equity Loans [Member] | Financial Asset Acquired [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 14,986 14,986  
Individually evaluated for impairment  
Collectively evaluated for impairment 5,184,176 6,459,424 5,184,176 6,459,424  
Loans 5,184,176 6,459,424 5,184,176 6,459,424 6,039,462
Consumer Portfolio Segment [Member]          
Beginning balance 123,952 1,600 131,236 1,544  
Charge-offs (486) (2,465) (486)  
Recoveries 1,904 872 3,569 2,181  
Provision for credit losses (27,180) 126,255 (33,664) 125,002  
Ending balance 98,676 128,241 98,676 128,241  
Loans [3] 17,692,843   17,692,843   19,615,511
Consumer Portfolio Segment [Member] | Financial Asset Originated [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 98,491 128,241 98,491 128,241  
Individually evaluated for impairment 7,208 7,208  
Collectively evaluated for impairment 16,966,108 20,178,064 16,966,108 20,178,064  
Loans 16,973,316 [1],[3] 20,178,064 16,973,316 [1],[3] 20,178,064 18,849,448 [1],[3]
Consumer Portfolio Segment [Member] | Financial Asset Acquired [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 185 185  
Individually evaluated for impairment 57,772 64,237 57,772 64,237  
Collectively evaluated for impairment 661,756 838,003 661,756 838,003  
Loans 719,528 902,240 719,528 902,240 $ 766,063 [3]
Unallocated Financing Receivables [Member]          
Beginning balance  
Charge-offs  
Recoveries  
Provision for credit losses 21,733 21,733  
Ending balance 21,733 21,733  
Unallocated Financing Receivables [Member] | Financial Asset Originated [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 21,733 21,733  
Unallocated Financing Receivables [Member] | Financial Asset Acquired [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance  
[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.