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PREMISES AND EQUIPMENT (Tables) | 12 Months Ended
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Mar. 31, 2021
PREMISES AND EQUIPMENT |
Schedule of premises and equipment | Premises and equipment consisted of the following at the dates indicated (in thousands):
|  | March 31,
|  | 2021 |  | 2020
Land |  | $ | 5,247 |  | $ | 4,531
Buildings and improvements |  |  | 18,097 |  |  | 15,356
Leasehold improvements |  |  | 3,123 |  |  | 1,666
Furniture and equipment |  |  | 10,734 |  |  | 10,819
Construction in progress |  |  | 32 |  |  | 3,245
Total |  |  | 37,233 |  |  | 35,617
Less accumulated depreciation and amortization |  |  | (19,409) |  |  | (20,047)
Premises and equipment, net |  | $ | 17,824 |  | $ | 15,570

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- Definition Tabular disclosure of physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(13)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 + Details
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