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LOANS RECEIVABLE (Tables)
6 Months Ended
Sep. 30, 2019
LOANS RECEIVABLE  
Schedule of loans and financing receivable

Loans receivable, excluding loans held for sale, consisted of the following at the dates indicated (in thousands):

 

 

 

 

 

 

 

 

 

    

September 30, 

    

March 31, 

 

 

2019

 

2019

Commercial and construction

 

 

  

 

 

  

Commercial business

 

$

167,782

 

$

162,796

Commercial real estate

 

 

471,571

 

 

461,432

Land

 

 

14,166

 

 

17,027

Multi-family

 

 

55,978

 

 

51,570

Real estate construction

 

 

83,174

 

 

90,882

Total commercial and construction

 

 

792,671

 

 

783,707

 

 

 

 

 

 

 

Consumer

 

 

  

 

 

  

Real estate one-to-four family

 

 

82,578

 

 

84,053

Other installment (1)

 

 

6,067

 

 

8,356

Total consumer

 

 

88,645

 

 

92,409

 

 

 

 

 

 

 

Total loans

 

 

881,316

 

 

876,116

Less: Allowance for loan losses

 

 

11,436

 

 

11,457

Loans receivable, net

 

$

869,880

 

$

864,659


(1) Includes purchased automobile loans totaling $3.4 million and $5.8 million at September 30, 2019 and March 31, 2019, respectively.