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FEDERAL HOME LOAN BANK ADVANCES (Tables)
9 Months Ended
Dec. 31, 2023
FEDERAL HOME LOAN BANK ADVANCES  
Schedule of FHLB advances

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

    

December 31, 2023

    

March 31, 2023

 

FHLB advances

$

157,054

$

123,754

Weighted average interest rate on FHLB advances (1)

 

5.37

%    

 

4.88

%

(1) Computed based on the borrowing activity for the nine months ended December 31, 2023 and the fiscal year ended March 31, 2023, respectively.