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FEDERAL HOME LOAN BANK ADVANCES (Tables)
6 Months Ended
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.