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Note 5 - Loans Receivable and Allowance for Loan Losses - Activity in Allowance for Loan Losses (Details) - USD ($)
3 Months Ended 9 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2018
Dec. 31, 2017
Mar. 31, 2018
Beginning balance $ 3,030,929 $ 2,470,991 $ 2,821,903 $ 2,194,815  
Charge-offs (166,638) (211,596) (297,305) (236,111)  
Recoveries 86,815 5,142 124,012 25,833  
Provision for credit losses 80,000 345,000 382,496 625,000  
Ending balance 3,031,106 2,609,537 3,031,106 2,609,537  
Loans 368,225,720   368,225,720   $ 389,221,239
Financial Asset Originated [Member]          
Individually evaluated for impairment, allowance 253,811 272,707 253,811 272,707  
Collectively evaluated for impairment, allowance 2,337,617 2,336,830 2,337,617 2,336,830  
Individually evaluated for impairment 6,785,712 7,245,899 6,785,712 7,245,899  
Collectively evaluated for impairment 261,081,550 265,078,879 261,081,550 265,078,879  
Loans 267,867,262 [1] 272,324,778 267,867,262 [1] 272,324,778 277,250,109 [1]
Financial Asset Acquired [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 439,678 439,678  
Individually evaluated for impairment 757,557 1,896,849 757,557 1,896,849  
Collectively evaluated for impairment 99,600,901 113,619,050 99,600,901 113,619,050  
Loans 100,358,458 115,515,899 100,358,458 115,515,899 111,971,130
Real Estate Loans [Member]          
Loans 294,195,991   294,195,991   309,465,974
Real Estate Loans [Member] | Financial Asset Originated [Member]          
Loans [1] 201,184,464   201,184,464   206,141,595
Real Estate Loans [Member] | Financial Asset Acquired [Member]          
Loans 93,011,527   93,011,527   103,324,379
Real Estate Loans [Member] | Residential [Member]          
Beginning balance 665,676 528,288 608,723 553,539  
Charge-offs (13,769) (8,907)  
Recoveries 41,059 3,937 43,301 3,937  
Provision for credit losses (24,321) 35,875 44,159 19,531  
Ending balance 682,414 568,100 682,414 568,100  
Real Estate Loans [Member] | Residential [Member] | Financial Asset Originated [Member]          
Individually evaluated for impairment, allowance 253,811 272,707 253,811 272,707  
Collectively evaluated for impairment, allowance 276,937 295,393 276,937 295,393  
Individually evaluated for impairment 1,773,176 1,697,585 1,773,176 1,697,585  
Collectively evaluated for impairment 84,774,908 85,532,435 84,774,908 85,532,435  
Loans 86,548,084 87,230,020 86,548,084 87,230,020  
Real Estate Loans [Member] | Residential [Member] | Financial Asset Acquired [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 151,666 151,666  
Individually evaluated for impairment 440,242 1,061,049 440,242 1,061,049  
Collectively evaluated for impairment 65,815,018 73,640,662 65,815,018 73,640,662  
Loans 66,255,260 74,701,711 66,255,260 74,701,711  
Real Estate Loans [Member] | Investor Loans [Member]          
Beginning balance 314,571 52,255 51,690 35,275  
Charge-offs (32,909) (111,360) (41,022) (126,482)  
Recoveries 33,609 33,675 18,129  
Provision for credit losses (36,632) 103,790 234,296 117,763  
Ending balance 278,639 44,685 278,639 44,685  
Real Estate Loans [Member] | Investor Loans [Member] | Financial Asset Originated [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 50,593 44,685 50,593 44,685  
Individually evaluated for impairment 31,752 121,514 31,752 121,514  
Collectively evaluated for impairment 7,305,529 7,254,483 7,305,529 7,254,483  
Loans 7,337,281 7,375,997 7,337,281 7,375,997  
Real Estate Loans [Member] | Investor Loans [Member] | Financial Asset Acquired [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 228,046 228,046  
Individually evaluated for impairment 261,659 579,172 261,659 579,172  
Collectively evaluated for impairment 16,145,606 17,629,734 16,145,606 17,629,734  
Loans 16,407,265 18,208,906 16,407,265 18,208,906  
Real Estate Loans [Member] | Commercial [Member]          
Beginning balance 1,312,441 1,360,433 1,253,383 1,375,894  
Charge-offs (100,236) (31,320) (100,236)  
Recoveries 31,320  
Provision for credit losses (31,557) 148,707 27,501 133,246  
Ending balance 1,280,884 1,408,904 1,280,884 1,408,904  
Loans 115,045,570   115,045,570   112,166,254
Real Estate Loans [Member] | Commercial [Member] | Financial Asset Originated [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 1,241,051 1,408,904 1,241,051 1,408,904  
Individually evaluated for impairment 4,139,177 4,500,043 4,139,177 4,500,043  
Collectively evaluated for impairment 101,616,609 96,357,409 101,616,609 96,357,409  
Loans 105,755,786 [1] 100,857,452 105,755,786 [1] 100,857,452 100,403,769 [1]
Real Estate Loans [Member] | Commercial [Member] | Financial Asset Acquired [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 39,833 39,833  
Individually evaluated for impairment 199,920 199,920  
Collectively evaluated for impairment 9,289,784 11,960,924 9,289,784 11,960,924  
Loans 9,289,784 12,160,844 9,289,784 12,160,844 11,762,485
Real Estate Loans [Member] | Commercial Construction [Member]          
Beginning balance 12,390 12,074 33,430 9,031  
Charge-offs  
Recoveries  
Provision for credit losses (4,090) 11,100 (25,130) 14,143  
Ending balance 8,300 23,174 8,300 23,174  
Loans 2,602,530   2,602,530   7,115,803
Real Estate Loans [Member] | Commercial Construction [Member] | Financial Asset Originated [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 7,254 23,174 7,254 23,174  
Individually evaluated for impairment  
Collectively evaluated for impairment 1,543,313 3,995,441 1,543,313 3,995,441  
Loans 1,543,313 [1] 3,995,441 1,543,313 [1] 3,995,441 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 1,046 1,046  
Individually evaluated for impairment  
Collectively evaluated for impairment 1,059,217 856,970 1,059,217 856,970  
Loans 1,059,217 856,970 1,059,217 856,970 1,352,019
Commercial Portfolio Segment [Member]          
Beginning balance 532,611 327,130 673,982 149,461  
Charge-offs (133,729) (208,729)  
Recoveries 10,880 171 10,880 551  
Provision for credit losses 160,895 45,987 94,524 223,276  
Ending balance 570,657 373,288 570,657 373,288  
Loans [2] 36,983,002   36,983,002   40,143,965
Commercial Portfolio Segment [Member] | Financial Asset Originated [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 566,217 373,288 566,217 373,288  
Individually evaluated for impairment 743,160 905,178 743,160 905,178  
Collectively evaluated for impairment 34,533,333 38,083,051 34,533,333 38,083,051  
Loans 35,276,493 [1],[2] 38,988,229 35,276,493 [1],[2] 38,988,229 38,302,739 [1],[2]
Commercial Portfolio Segment [Member] | Financial Asset Acquired [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 4,440 4,440  
Individually evaluated for impairment  
Collectively evaluated for impairment 1,706,509 1,928,232 1,706,509 1,928,232  
Loans 1,706,509 [2] 1,928,232 1,706,509 [2] 1,928,232 1,841,226 [2]
Home Equity Loans [Member]          
Beginning balance 72,831 62,570 69,459 70,071  
Charge-offs  
Recoveries  
Provision for credit losses 1,555 619 4,927 (6,882)  
Ending balance 74,386 63,189 74,386 63,189  
Loans 20,018,119   20,018,119   19,995,789
Home Equity Loans [Member] | Financial Asset Originated [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 59,952 63,189 59,952 63,189  
Individually evaluated for impairment 6,785 21,579 6,785 21,579  
Collectively evaluated for impairment 15,070,283 13,780,512 15,070,283 13,780,512  
Loans 15,077,068 [1] 13,802,091 15,077,068 [1] 13,802,091 13,956,327 [1]
Home Equity Loans [Member] | Financial Asset Acquired [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 14,434 14,434  
Individually evaluated for impairment 164 164  
Collectively evaluated for impairment 4,940,887 6,874,136 4,940,887 6,874,136  
Loans 4,941,051 6,874,136 4,941,051 6,874,136 6,039,462
Consumer Portfolio Segment [Member]          
Beginning balance 98,676 128,241 131,236 1,544  
Charge-offs (2,465) (486)  
Recoveries 1,267 1,034 4,836 3,216  
Provision for credit losses (4,214) (1,078) (37,878) 123,923  
Ending balance 95,729 128,197 95,729 128,197  
Loans [3] 17,028,608   17,028,608   19,615,511
Consumer Portfolio Segment [Member] | Financial Asset Originated [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 95,516 128,197 95,516 128,197  
Individually evaluated for impairment 91,662 91,662  
Collectively evaluated for impairment 16,237,575 20,075,548 16,237,575 20,075,548  
Loans 16,329,237 [1],[3] 20,075,548 16,329,237 [1],[3] 20,075,548 18,849,448 [1],[3]
Consumer Portfolio Segment [Member] | Financial Asset Acquired [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 213 213  
Individually evaluated for impairment 55,492 56,708 55,492 56,708  
Collectively evaluated for impairment 643,880 728,392 643,880 728,392  
Loans 699,372 785,100 699,372 785,100 $ 766,063 [3]
Unallocated Financing Receivables [Member]          
Beginning balance 21,733  
Charge-offs  
Recoveries  
Provision for credit losses 18,364 40,097  
Ending balance 40,097 40,097  
Unallocated Financing Receivables [Member] | Financial Asset Originated [Member]          
Individually evaluated for impairment, allowance  
Collectively evaluated for impairment, allowance 40,097 40,097  
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.