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FEDERAL HOME LOAN BANK ADVANCES (Tables) | 6 Months Ended
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Sep. 30, 2019
FEDERAL HOME LOAN BANK ADVANCES |
Schedule of FHLB advances | FHLB advances are summarized as follows (dollars in thousands):
|  | September 30, |  | March 31, |
|  | 2019 |  | 2019 |
FHLB advances (1) |  | $ | — |  | $ | 56,586 |
Weighted average interest rate on FHLB advances (2) |  |  | 2.54 | % |  | 2.58 | %
(1) Consisted of overnight borrowings. (2) Computed based on the borrowing activity for the six months ended September 30, 2019 and the fiscal year ended March 31, 2019, respectively.

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