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FEDERAL HOME LOAN BANK ADVANCES (Tables)
12 Months Ended
Mar. 31, 2024
FEDERAL HOME LOAN BANK ADVANCES  
Schedule of FHLB advances

FHLB advances are summarized at the dates indicated (dollars in thousands):

    

March 31, 2024

    

March 31, 2023

 

FHLB advances

$

88,304

$

123,754

Weighted average interest rate on FHLB advances (1)

 

5.40

%    

 

4.88

%

(1) Computed based on the borrowing activity for the fiscal years ended March 31, 2024 and 2023, respectively.