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LOANS RECEIVABLE (Tables)

9 Months Ended

Dec. 31, 2020

LOANS RECEIVABLE

Schedule of loans and financing receivable

Loans receivable, excluding loans held for sale, consisted of the following at the dates indicated (in thousands):

		December 31,			March 31,
		2020			2020
Commercial and construction
Commercial business(1)		$	252,687		$	179,029
Commercial real estate			541,417			507,871
Land			12,126			14,026
Multi-family			42,166			58,374
Real estate construction			16,922			64,843
Total commercial and construction			865,318			824,143
Consumer
Real estate one-to-four family			63,621			83,150
Other installment			2,529			4,216
Total consumer			66,150			87,366
Total loans			931,468			911,509
Less: Allowance for loan losses			19,192			12,624
Loans receivable, net		$	912,276		$	898,885

SBA PPP loans totaled $80.8 million and none at December 31, 2020 and March 31, 2020, respectively.

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- References

No definition available.

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- Definition

Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables.

+ 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 210.5-02.3,4)
-URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682

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