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ALLOWANCE FOR LOAN LOSSES (Tables) | 6 Months Ended
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Sep. 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 |  |  |  |  |  |  |  |  |
September 30, 2020 |  | Business |  | Real Estate |  | Land |  | Family |  | Construction |  | Consumer |  | Unallocated |  | Total
Beginning balance |  | $ | 2,011 |  | $ | 11,323 |  | $ | 243 |  | $ | 879 |  | $ | 692 |  | $ | 1,281 |  | $ | 647 |  | $ | 17,076
Provision for (recapture of) loan losses |  |  | 169 |  |  | 1,886 |  |  | 2 |  |  | (134) |  |  | 28 |  |  | (116) |  |  | (35) |  |  | 1,800
Charge-offs |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (23) |  |  | — |  |  | (23)
Recoveries |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 13 |  |  | — |  |  | 13
Ending balance |  | $ | 2,180 |  | $ | 13,209 |  | $ | 245 |  | $ | 745 |  | $ | 720 |  | $ | 1,155 |  | $ | 612 |  | $ | 18,866
Six months ended |  | Commercial |  | Commercial |  |  |  |  | Multi- |  | Real Estate |  |  |  |  |  |  |  |  |
September 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 |  |  | 162 |  |  | 6,788 |  |  | 15 |  |  | (109) |  |  | (429) |  |  | (140) |  |  | 13 |  |  | 6,300
Charge-offs |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (88) |  |  | — |  |  | (88)
Recoveries |  |  | 10 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 20 |  |  | — |  |  | 30
Ending balance |  | $ | 2,180 |  | $ | 13,209 |  | $ | 245 |  | $ | 745 |  | $ | 720 |  | $ | 1,155 |  | $ | 612 |  | $ | 18,866
Three months ended |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
September 30, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 2,113 |  | $ | 4,889 |  | $ | 244 |  | $ | 699 |  | $ | 1,506 |  | $ | 1,346 |  | $ | 645 |  | $ | 11,442
Provision for (recapture of) loan losses |  |  | (62) |  |  | 149 |  |  | (25) |  |  | 80 |  |  | (125) |  |  | 7 |  |  | (24) |  |  | —
Charge-offs |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (13) |  |  | — |  |  | (13)
Recoveries |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 7 |  |  | — |  |  | 7
Ending balance |  | $ | 2,051 |  | $ | 5,038 |  | $ | 219 |  | $ | 779 |  | $ | 1,381 |  | $ | 1,347 |  | $ | 621 |  | $ | 11,436
Six months ended |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
September 30, 2019 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 1,808 |  | $ | 5,053 |  | $ | 254 |  | $ | 728 |  | $ | 1,457 |  | $ | 1,447 |  | $ | 710 |  | $ | 11,457
Provision for (recapture of) loan losses |  |  | 246 |  |  | (15) |  |  | (35) |  |  | 51 |  |  | (76) |  |  | (82) |  |  | (89) |  |  | —
Charge-offs |  |  | (3) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (54) |  |  | — |  |  | (57)
Recoveries |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 36 |  |  | — |  |  | 36
Ending balance |  | $ | 2,051 |  | $ | 5,038 |  | $ | 219 |  | $ | 779 |  | $ | 1,381 |  | $ | 1,347 |  | $ | 621 |  | $ | 11,436
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 |  |  |
September 30, 2020 |  | Impairment |  | Impairment |  | Total |  | Impairment |  | Impairment |  | Total
Commercial business |  | $ | — |  | $ | 2,180 |  | $ | 2,180 |  | $ | 129 |  | $ | 281,541 |  | $ | 281,670
Commercial real estate |  |  | — |  |  | 13,209 |  |  | 13,209 |  |  | 2,349 |  |  | 523,628 |  |  | 525,977
Land |  |  | — |  |  | 245 |  |  | 245 |  |  | 714 |  |  | 13,817 |  |  | 14,531
Multi-family |  |  | — |  |  | 745 |  |  | 745 |  |  | 1,553 |  |  | 48,325 |  |  | 49,878
Real estate construction |  |  | — |  |  | 720 |  |  | 720 |  |  | — |  |  | 28,308 |  |  | 28,308
Consumer |  |  | 10 |  |  | 1,145 |  |  | 1,155 |  |  | 546 |  |  | 74,264 |  |  | 74,810
Unallocated |  |  | — |  |  | 612 |  |  | 612 |  |  | — |  |  | — |  |  | —
Total |  | $ | 10 |  | $ | 18,856 |  | $ | 18,866 |  | $ | 5,291 |  | $ | 969,883 |  | $ | 975,174
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
September 30, 2020 |  | Past Due |  | Past Due |  | Non-accrual |  | Non- accrual |  | Current |  | Receivable
Commercial business |  | $ | — |  | $ | — |  | $ | 191 |  | $ | 191 |  | $ | 281,479 |  | $ | 281,670
Commercial real estate |  |  | — |  |  | — |  |  | 1,005 |  |  | 1,005 |  |  | 524,972 |  |  | 525,977
Land |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 14,531 |  |  | 14,531
Multi-family |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 49,878 |  |  | 49,878
Real estate construction |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 28,308 |  |  | 28,308
Consumer |  |  | 193 |  |  | — |  |  | 79 |  |  | 272 |  |  | 74,538 |  |  | 74,810
Total |  | $ | 193 |  | $ | — |  | $ | 1,275 |  | $ | 1,468 |  | $ | 973,706 |  | $ | 975,174
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
September 30, 2020 |  | Pass |  | Mention |  | Substandard |  | Doubtful |  | Loss |  | Receivable
Commercial business |  | $ | 281,036 |  | $ | 443 |  | $ | 191 |  | $ | — |  | $ | — |  | $ | 281,670
Commercial real estate |  |  | 485,377 |  |  | 36,030 |  |  | 4,570 |  |  | — |  |  | — |  |  | 525,977
Land |  |  | 14,531 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 14,531
Multi-family |  |  | 49,804 |  |  | 41 |  |  | 33 |  |  | — |  |  | — |  |  | 49,878
Real estate construction |  |  | 25,755 |  |  | 2,553 |  |  | — |  |  | — |  |  | — |  |  | 28,308
Consumer |  |  | 74,731 |  |  | — |  |  | 79 |  |  | — |  |  | — |  |  | 74,810
Total |  | $ | 931,234 |  | $ | 39,067 |  | $ | 4,873 |  | $ | — |  | $ | — |  | $ | 975,174
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
September 30, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Commercial business |  | $ | 129 |  | $ | — |  | $ | 129 |  | $ | 164 |  | $ | —
Commercial real estate |  |  | 2,349 |  |  | — |  |  | 2,349 |  |  | 3,433 |  |  | —
Land |  |  | 714 |  |  | — |  |  | 714 |  |  | 749 |  |  | —
Multi-family |  |  | 1,553 |  |  | — |  |  | 1,553 |  |  | 1,657 |  |  | —
Consumer |  |  | 416 |  |  | 130 |  |  | 546 |  |  | 660 |  |  | 10
Total |  | $ | 5,161 |  | $ | 130 |  | $ | 5,291 |  | $ | 6,663 |  | $ | 10
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
|  | September 30, 2020 |  | September 30, 2019
|  | Average |  | Interest |  | Average |  | Interest
|  | Recorded |  | Recognized on |  | Recorded |  | Recognized on
|  | Investment |  | Impaired Loans |  | Investment |  | Impaired Loans
Commercial business |  | $ | 132 |  | $ | — |  | $ | 153 |  | $ | —
Commercial real estate |  |  | 2,356 |  |  | 15 |  |  | 2,424 |  |  | 16
Land |  |  | 714 |  |  | 10 |  |  | 722 |  |  | 10
Multi-family |  |  | 1,552 |  |  | 22 |  |  | 1,577 |  |  | 23
Consumer |  |  | 485 |  |  | 10 |  |  | 451 |  |  | 7
Total |  | $ | 5,239 |  | $ | 57 |  | $ | 5,327 |  | $ | 56
|  | Six months ended |  | Six months ended
|  | September 30, 2020 |  | September 30, 2019
|  | Average |  | Interest |  | Average |  | Interest
|  | Recorded |  | Recognized on |  | Recorded |  | Recognized on
|  | Investment |  | Impaired Loans |  | Investment |  | Impaired Loans
Commercial business |  | $ | 134 |  | $ | — |  | $ | 155 |  | $ | —
Commercial real estate |  |  | 2,364 |  |  | 30 |  |  | 2,444 |  |  | 31
Land |  |  | 714 |  |  | 20 |  |  | 724 |  |  | 20
Multi-family |  |  | 1,551 |  |  | 44 |  |  | 1,584 |  |  | 45
Consumer |  |  | 467 |  |  | 16 |  |  | 533 |  |  | 15
Total |  | $ | 5,230 |  | $ | 110 |  | $ | 5,440 |  | $ | 111
Schedule of TDRs by interest accrual status | The following table presents TDRs by interest accrual status at the dates indicated (in thousands):
|  | September 30, 2020 |  | March 31, 2020
|  | Accrual |  | Nonaccrual |  | Total |  | Accrual |  | Nonaccrual |  | Total
Commercial business |  | $ | — |  | $ | 129 |  | $ | 129 |  | $ | — |  | $ | 139 |  | $ | 139
Commercial real estate |  |  | 1,344 |  |  | 1,005 |  |  | 2,349 |  |  | 1,364 |  |  | 1,014 |  |  | 2,378
Land |  |  | 714 |  |  | — |  |  | 714 |  |  | 714 |  |  | — |  |  | 714
Multi-family |  |  | 1,553 |  |  | — |  |  | 1,553 |  |  | 1,549 |  |  | — |  |  | 1,549
Consumer |  |  | 546 |  |  | — |  |  | 546 |  |  | 432 |  |  | — |  |  | 432
Total |  | $ | 4,157 |  | $ | 1,134 |  | $ | 5,291 |  | $ | 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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