LOANS RECEIVABLE (Tables)

9 Months Ended

Dec. 31, 2019

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


	December 31,		March 31,
	2019		2019
Commercial and construction
Commercial business	$	165,526	$	162,796
Commercial real estate		470,163		461,432
Land		15,163		17,027
Multi-family		57,792		51,570
Real estate construction		88,872		90,882
Total commercial and construction		797,516		783,707

Consumer
Real estate one-to-four family		83,978		84,053
Other installment (1)		5,039		8,356
Total consumer		89,017		92,409

Total loans		886,533		876,116
Less: Allowance for loan losses		11,433		11,457
Loans receivable, net	$	875,100	$	864,659

(1) Includes purchased automobile loans totaling $2.5 million and $5.8 million at December 31, 2019 and March 31, 2019, respectively.