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LOANS RECEIVABLE (Tables)
9 Months Ended
Dec. 31, 2021
LOANS RECEIVABLE  
Schedule of loans and financing receivable

    

December 31, 

    

March 31, 

2021

2021

Commercial and construction

 

  

 

  

Commercial business (1)

$

222,535

$

265,145

Commercial real estate

 

566,656

543,467

Land

 

11,351

14,040

Multi-family

 

53,865

45,014

Real estate construction

 

18,365

16,990

Total commercial and construction

 

872,772

884,656

Consumer

 

Real estate one-to-four family

 

87,821

56,405

Other installment

 

1,630

2,174

Total consumer

 

89,451

58,579

Total loans

 

962,223

943,235

Less: Allowance for loan losses

 

15,173

19,178

Loans receivable, net

$

947,050

$

924,057

(1)SBA PPP loans totaled $14.3 million and $93.4 million at December 31, 2021 and March 31, 2021, respectively.