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ALLOWANCE FOR LOAN LOSSES (Tables) | 3 Months Ended
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Jun. 30, 2020
ALLOWANCE FOR LOAN LOSSES |
Schedule of reconciliation of the allowance for loan losses | The following tables present a reconciliation of the allowance for loan losses for the periods indicated (in thousands):
Three months ended |  | Commercial |  | Commercial |  |  |  |  | Multi- |  | Real Estate |  |  |  |  |  |  |  |  |
June 30, 2020 |  | Business |  | Real Estate |  | Land |  | Family |  | Construction |  | Consumer |  | Unallocated |  | Total
Beginning balance |  | $ | 2,008 |  | $ | 6,421 |  | $ | 230 |  | $ | 854 |  | $ | 1,149 |  | $ | 1,363 |  | $ | 599 |  | $ | 12,624
Provision for (recapture of) loan losses |  |  | (7) |  |  | 4,902 |  |  | 13 |  |  | 25 |  |  | (457) |  |  | (24) |  |  | 48 |  |  | 4,500
Charge-offs |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (65) |  |  | — |  |  | (65)
Recoveries |  |  | 10 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 7 |  |  | — |  |  | 17
Ending balance |  | $ | 2,011 |  | $ | 11,323 |  | $ | 243 |  | $ | 879 |  | $ | 692 |  | $ | 1,281 |  | $ | 647 |  | $ | 17,076
Three months ended |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
June 30, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 1,808 |  | $ | 5,053 |  | $ | 254 |  | $ | 728 |  | $ | 1,457 |  | $ | 1,447 |  | $ | 710 |  | $ | 11,457
Provision for (recapture of) loan losses |  |  | 308 |  |  | (164) |  |  | (10) |  |  | (29) |  |  | 49 |  |  | (89) |  |  | (65) |  |  | —
Charge-offs |  |  | (3) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (41) |  |  | — |  |  | (44)
Recoveries |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 29 |  |  | — |  |  | 29
Ending balance |  | $ | 2,113 |  | $ | 4,889 |  | $ | 244 |  | $ | 699 |  | $ | 1,506 |  | $ | 1,346 |  | $ | 645 |  | $ | 11,442
Schedule of impaired financing receivables | The following tables present an analysis of loans receivable and the allowance for loan losses, based on impairment methodology, at the dates indicated (in thousands):
|  | Allowance for Loan Losses |  | Recorded Investment in Loans
|  | Individually |  | Collectively |  |  |  |  | Individually |  | Collectively |  |  |
|  | Evaluated for |  | Evaluated for |  |  |  |  | Evaluated for |  | Evaluated for |  |  |
June 30, 2020 |  | Impairment |  | Impairment |  | Total |  | Impairment |  | Impairment |  | Total
Commercial business |  | $ | — |  | $ | 2,011 |  | $ | 2,011 |  | $ | 135 |  | $ | 281,697 |  | $ | 281,832
Commercial real estate |  |  | — |  |  | 11,323 |  |  | 11,323 |  |  | 2,363 |  |  | 525,213 |  |  | 527,576
Land |  |  | — |  |  | 243 |  |  | 243 |  |  | 714 |  |  | 13,690 |  |  | 14,404
Multi-family |  |  | — |  |  | 879 |  |  | 879 |  |  | 1,551 |  |  | 56,562 |  |  | 58,113
Real estate construction |  |  | — |  |  | 692 |  |  | 692 |  |  | — |  |  | 37,824 |  |  | 37,824
Consumer |  |  | 11 |  |  | 1,270 |  |  | 1,281 |  |  | 424 |  |  | 82,547 |  |  | 82,971
Unallocated |  |  | — |  |  | 647 |  |  | 647 |  |  | — |  |  | — |  |  | —
Total |  | $ | 11 |  | $ | 17,065 |  | $ | 17,076 |  | $ | 5,187 |  | $ | 997,533 |  | $ | 1,002,720
March 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial business |  | $ | — |  | $ | 2,008 |  | $ | 2,008 |  | $ | 139 |  | $ | 178,890 |  | $ | 179,029
Commercial real estate |  |  | — |  |  | 6,421 |  |  | 6,421 |  |  | 2,378 |  |  | 505,493 |  |  | 507,871
Land |  |  | — |  |  | 230 |  |  | 230 |  |  | 714 |  |  | 13,312 |  |  | 14,026
Multi-family |  |  | — |  |  | 854 |  |  | 854 |  |  | 1,549 |  |  | 56,825 |  |  | 58,374
Real estate construction |  |  | — |  |  | 1,149 |  |  | 1,149 |  |  | — |  |  | 64,843 |  |  | 64,843
Consumer |  |  | 12 |  |  | 1,351 |  |  | 1,363 |  |  | 432 |  |  | 86,934 |  |  | 87,366
Unallocated |  |  | — |  |  | 599 |  |  | 599 |  |  | — |  |  | — |  |  | —
Total |  | $ | 12 |  | $ | 12,612 |  | $ | 12,624 |  | $ | 5,212 |  | $ | 906,297 |  | $ | 911,509
Schedule of analysis of loans by aging category | The following tables present an analysis of loans by aging category at the dates indicated (in thousands):
|  |  |  |  | 90 Days and |  |  |  |  | Total Past |  |  |  |  |  |
|  | 30‑89 Days |  | Greater |  |  |  |  | Due and |  |  |  |  | Total Loans
June 30, 2020 |  | Past Due |  | Past Due |  | Non-accrual |  | Non- accrual |  | Current |  | Receivable
Commercial business |  | $ | 413 |  | $ | — |  | $ | 197 |  | $ | 610 |  | $ | 281,222 |  | $ | 281,832
Commercial real estate |  |  | — |  |  | — |  |  | 1,009 |  |  | 1,009 |  |  | 526,567 |  |  | 527,576
Land |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 14,404 |  |  | 14,404
Multi-family |  |  | — |  |  | 6 |  |  | — |  |  | 6 |  |  | 58,107 |  |  | 58,113
Real estate construction |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 37,824 |  |  | 37,824
Consumer |  |  | 241 |  |  | 5 |  |  | 71 |  |  | 317 |  |  | 82,654 |  |  | 82,971
Total |  | $ | 654 |  | $ | 11 |  | $ | 1,277 |  | $ | 1,942 |  | $ | 1,000,778 |  | $ | 1,002,720
March 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial business |  | $ | — |  | $ | — |  | $ | 201 |  | $ | 201 |  | $ | 178,828 |  | $ | 179,029
Commercial real estate |  |  | — |  |  | — |  |  | 1,014 |  |  | 1,014 |  |  | 506,857 |  |  | 507,871
Land |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 14,026 |  |  | 14,026
Multi-family |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 58,374 |  |  | 58,374
Real estate construction |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 64,843 |  |  | 64,843
Consumer |  |  | 271 |  |  | — |  |  | 180 |  |  | 451 |  |  | 86,915 |  |  | 87,366
Total |  | $ | 271 |  | $ | — |  | $ | 1,395 |  | $ | 1,666 |  | $ | 909,843 |  | $ | 911,509
Schedule of credit quality indicators | The following tables present an analysis of loans by credit quality indicators at the dates indicated (in thousands):
|  |  |  |  | Special |  |  |  |  |  |  |  |  |  |  | Total Loans
June 30, 2020 |  | Pass |  | Mention |  | Substandard |  | Doubtful |  | Loss |  | Receivable
Commercial business |  | $ | 280,809 |  | $ | 704 |  | $ | 319 |  | $ | — |  | $ | — |  | $ | 281,832
Commercial real estate |  |  | 509,338 |  |  | 13,665 |  |  | 4,573 |  |  | — |  |  | — |  |  | 527,576
Land |  |  | 14,404 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 14,404
Multi-family |  |  | 58,034 |  |  | 45 |  |  | 34 |  |  | — |  |  | — |  |  | 58,113
Real estate construction |  |  | 37,824 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 37,824
Consumer |  |  | 82,900 |  |  | — |  |  | 71 |  |  | — |  |  | — |  |  | 82,971
Total |  | $ | 983,309 |  | $ | 14,414 |  | $ | 4,997 |  | $ | — |  | $ | — |  | $ | 1,002,720
March 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial business |  | $ | 177,399 |  | $ | 1,282 |  | $ | 348 |  | $ | — |  | $ | — |  | $ | 179,029
Commercial real estate |  |  | 506,794 |  |  | 63 |  |  | 1,014 |  |  | — |  |  | — |  |  | 507,871
Land |  |  | 14,026 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 14,026
Multi-family |  |  | 58,295 |  |  | 45 |  |  | 34 |  |  | — |  |  | — |  |  | 58,374
Real estate construction |  |  | 64,843 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 64,843
Consumer |  |  | 87,186 |  |  | — |  |  | 180 |  |  | — |  |  | — |  |  | 87,366
Total |  | $ | 908,543 |  | $ | 1,390 |  | $ | 1,576 |  | $ | — |  | $ | — |  | $ | 911,509
Schedule of total and average recorded investment in impaired loans | The following tables present the total and average recorded investment in impaired loans at the dates and for the periods indicated (in thousands):
|  | Recorded |  |  |  |  |  |  |  |  |  |  |  |
|  | Investment |  | Recorded |  |  |  |  |  |  |  |  |
|  | with |  | Investment |  |  |  |  |  |  |  | Related
|  | No Specific |  | with Specific |  | Total |  | Unpaid |  | Specific
|  | Valuation |  | Valuation |  | Recorded |  | Principal |  | Valuation
|  | Allowance |  | Allowance |  | Investment |  | Balance |  | Allowance
June 30, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial business |  | $ | 135 |  | $ | — |  | $ | 135 |  | $ | 173 |  | $ | —
Commercial real estate |  |  | 2,363 |  |  | — |  |  | 2,363 |  |  | 3,456 |  |  | —
Land |  |  | 714 |  |  | — |  |  | 714 |  |  | 753 |  |  | —
Multi-family |  |  | 1,551 |  |  | — |  |  | 1,551 |  |  | 1,671 |  |  | —
Consumer |  |  | 290 |  |  | 134 |  |  | 424 |  |  | 538 |  |  | 11
Total |  | $ | 5,053 |  | $ | 134 |  | $ | 5,187 |  | $ | 6,591 |  | $ | 11
March 31, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial business |  | $ | 139 |  | $ | — |  | $ | 139 |  | $ | 170 |  | $ | —
Commercial real estate |  |  | 2,378 |  |  | — |  |  | 2,378 |  |  | 3,405 |  |  | —
Land |  |  | 714 |  |  | — |  |  | 714 |  |  | 748 |  |  | —
Multi-family |  |  | 1,549 |  |  | — |  |  | 1,549 |  |  | 1,662 |  |  | —
Consumer |  |  | 295 |  |  | 137 |  |  | 432 |  |  | 543 |  |  | 12
Total |  | $ | 5,075 |  | $ | 137 |  | $ | 5,212 |  | $ | 6,528 |  | $ | 12
|  | Three Months ended |  | Three Months ended
|  | June 30, 2020 |  | June 30, 2019
|  | Average |  | Interest |  | Average |  | Interest
|  | Recorded |  | Recognized on |  | Recorded |  | Recognized on
|  | Investment |  | Impaired Loans |  | Investment |  | Impaired Loans
Commercial business |  | $ | 137 |  | $ | — |  | $ | 157 |  | $ | —
Commercial real estate |  |  | 2,370 |  |  | 15 |  |  | 2,462 |  |  | 16
Land |  |  | 714 |  |  | 10 |  |  | 726 |  |  | 10
Multi-family |  |  | 1,550 |  |  | 22 |  |  | 1,591 |  |  | 23
Consumer |  |  | 428 |  |  | 6 |  |  | 575 |  |  | 7
Total |  | $ | 5,199 |  | $ | 53 |  | $ | 5,511 |  | $ | 56
Schedule of TDRs by interest accrual status | The following table presents TDRs by interest accrual status at the dates indicated (in thousands):
|  | June 30, 2020 |  | March 31, 2020
|  | Accrual |  | Nonaccrual |  | Total |  | Accrual |  | Nonaccrual |  | Total
Commercial business |  | $ | — |  | $ | 135 |  | $ | 135 |  | $ | — |  | $ | 139 |  | $ | 139
Commercial real estate |  |  | 1,354 |  |  | 1,009 |  |  | 2,363 |  |  | 1,364 |  |  | 1,014 |  |  | 2,378
Land |  |  | 714 |  |  | — |  |  | 714 |  |  | 714 |  |  | — |  |  | 714
Multi-family |  |  | 1,551 |  |  | — |  |  | 1,551 |  |  | 1,549 |  |  | — |  |  | 1,549
Consumer |  |  | 424 |  |  | — |  |  | 424 |  |  | 432 |  |  | — |  |  | 432
Total |  | $ | 4,043 |  | $ | 1,144 |  | $ | 5,187 |  | $ | 4,059 |  | $ | 1,153 |  | $ | 5,212

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- Definition Tabular disclosure of financing receivables (examples of financing receivables include loans, trade accounts receivable and notes receivable) and activity in the allowance for credit losses account. + References No definition available. + Details
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- Definition Tabular disclosure of financing receivables by credit quality indicator. The credit quality indicator is a statistic about the credit quality of financing receivables. Examples include, but not limited to, consumer credit risk scores, credit-rating-agency ratings, an entity's internal credit risk grades, loan-to-value ratios, collateral, collection experience and other internal metrics. + References No definition available. + Details
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- Definition Tabular disclosure of impaired financing receivables. + References No definition available. + Details
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- Definition Schedule (table) of the average recorded investment and the interest recognized on impaired loans for the periods indicated. + References No definition available. + Details
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- Definition Represents the textual narrative disclosure of Schedule of TDRs by Interest Accrual Status, during the indicated time period. + References No definition available. + Details
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