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FEDERAL HOME LOAN BANK ADVANCES (Tables)
 3 Months Ended
Jun. 30, 2020
FEDERAL HOME LOAN BANK ADVANCES  
Schedule of FHLB advances

FHLB advances are summarized at  the dates indicated (dollars in thousands):

 

 

 

 

 

 

 

 

 

 

    

June 30, 

    

March 31, 

 

 

 

2020

 

2020

 

FHLB advances

 

$

30,000

 

$

 —

 

Weighted average interest rate on FHLB advances (1)

 

 

0.31

%  

 

2.54

%

(1) Computed based on the borrowing activity for the three months ended June 30, 2020 and the fiscal year ended March 31, 2020, respectively.