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FEDERAL HOME LOAN BANK ADVANCES (Tables) | 12 Months Ended
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Mar. 31, 2023
FEDERAL HOME LOAN BANK ADVANCES |
Schedule of FHLB advances | FHLB advances are summarized at the dates indicated (dollars in thousands):
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ |  | March 31, 2023 |  | March 31, 2022 |
FHLB advances | ​ | $ | 123,754 | ​ | $ | — | ​
Weighted average interest rate on FHLB advances (1) | ​ |  | 4.88 | % |  | 0.31 | %
(1) Computed based on the borrowing activity for the fiscal years ended March 31, 2023 and 2022, respectively.

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