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Earnings per Share
3 Months Ended
Jun. 30, 2015
Earnings Per Share [Abstract]  
Earnings Per Share [Text Block]
Note 2. Earnings per Share
 
Earnings per share are based upon the weighted-average shares outstanding. ESOP shares, which have been committed to be released, are considered outstanding. Unvested restricted stock awards that contain non-forfeitable rights to dividends are participating securities and are included in the EPS computation using the two-class method. Prior period EPS data is adjusted retrospectively.
 
 
 
 
Three Months Ended
 
 
 
June 30,
 
 
 
2015
 
2014
 
Basic and diluted earnings per share:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Net earnings
 
$
44,840
 
$
76,565
 
Less dividends paid:
 
 
 
 
 
 
 
Common stock
 
 
-
 
 
-
 
Participating securities
 
 
-
 
 
-
 
Undistributed earnings
 
$
44,840
 
$
76,565
 
 
 
 
 
 
 
 
 
Weighted-average basic and diluted shares and participating securities outstanding
 
 
893,233
 
 
887,886
 
 
 
 
 
 
 
 
 
Distributed earnings per share
 
$
-
 
$
-
 
Undistributed earnings per share
 
 
0.05
 
 
0.09
 
Net earnings per share
 
$
0.05
 
$
0.09