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REAL ESTATE OWNED
12 Months Ended
Mar. 31, 2019
Real Estate Owned, Disclosure of Detailed Components [Abstract]  
REAL ESTATE OWNED
7.
REAL ESTATE OWNED
 
The following table is a summary of the activity in REO for the years indicated (in thousands):
 
   
Year Ended March 31,
 
   
2019
   
2018
   
2017
 
Balance at beginning of year, net
 
$
298
   
$
298
   
$
595
 
Additions
   
-
     
-
     
-
 
Dispositions
   
(298
)
   
-
     
(267
)
Writedowns
   
-
     
-
     
(30
)
Balance at end of year, net
 
$
-
   
$
298
   
$
298
 
 
At March 31, 2019, there was one single family property for which formal foreclosure proceedings were in process with a carrying amount of $106,000.