PREMISES AND EQUIPMENT

12 Months Ended

Mar. 31, 2023

PREMISES AND EQUIPMENT

PREMISES AND EQUIPMENT

6.    PREMISES AND EQUIPMENT

Premises and equipment consisted of the following at the dates indicated (in thousands):

	March 31,
	2023		2022
Land	$	5,715	$	4,714
Buildings and improvements		18,494		17,030
Leasehold improvements		3,965		3,998
Furniture and equipment		11,578		10,765
Construction in progress		33		—
Total		39,785		36,507
Less accumulated depreciation and amortization		(19,666)		(19,341)
Premises and equipment, net	$	20,119	$	17,166

Depreciation and amortization expense was $1.7 million, $1.5 million and $1.4 million for the years ended March 31, 2023, 2022 and 2021, respectively.