LOANS RECEIVABLE (Tables)

12 Months Ended

Mar. 31, 2023

LOANS RECEIVABLE

Schedule of loans and financing receivable

	March 31,		March 31,
	2023		2022
Commercial and construction
Commercial business	$	232,868	$	228,091
Commercial real estate		564,496		582,837
Land		6,437		11,556
Multi-family		55,836		60,211
Real estate construction		47,762		24,160
Total commercial and construction		907,399		906,855
Consumer
Real estate one-to-four family		99,673		82,006
Other installment		1,784		1,547
Total consumer		101,457		83,553
Total loans		1,008,856		990,408
Less: Allowance for loan losses		15,309		14,523
Loans receivable, net	$	993,547	$	975,885

Schedule of aggregate loans to officers and directors

Aggregate loans to officers and directors, all of which are current, consisted of the following for the periods indicated (in thousands):

	Year Ended March 31,
	2023		2022		2021
Beginning balance	$	3,790	$	5,308	$	625
Originations		—		32		8,174
Principal repayments		(943)		(1,550)		(3,491)
Ending balance	$	2,847	$	3,790	$	5,308