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LOANS RECEIVABLE (Tables)
12 Months Ended
Mar. 31, 2020
LOANS RECEIVABLE  
Schedule of loans and financing receivable

 

 

 

 

 

 

 

 

    

March 31, 

    

March 31, 

 

 

2020

 

2019

Commercial and construction

 

 

  

 

 

  

Commercial business

 

$

179,029

 

$

162,796

Commercial real estate

 

 

507,871

 

 

461,432

Land

 

 

14,026

 

 

17,027

Multi-family

 

 

58,374

 

 

51,570

Real estate construction

 

 

64,843

 

 

90,882

Total commercial and construction

 

 

824,143

 

 

783,707

 

 

 

 

 

 

 

Consumer

 

 

 

 

 

 

Real estate one-to-four family

 

 

83,150

 

 

84,053

Other installment

 

 

4,216

 

 

8,356

Total consumer

 

 

87,366

 

 

92,409

 

 

 

 

 

 

 

Total loans

 

 

911,509

 

 

876,116

 

 

 

 

 

 

 

Less: Allowance for loan losses

 

 

12,624

 

 

11,457

Loans receivable, net

 

$

898,885

 

$

864,659

 

Schedule of aggregate loans to officers and directors

 

 

 

 

 

 

 

 

 

 

 

 

Year Ended March 31, 

 

    

2020

    

2019

    

2018

Beginning balance

 

$

778

 

$

981

 

$

859

Originations

 

 

977

 

 

359

 

 

526

Principal repayments

 

 

(1,130)

 

 

(562)

 

 

(404)

Ending balance

 

$

625

 

$

778

 

$

981