FEDERAL HOME LOAN BANK ADVANCES (Tables)

12 Months Ended

Mar. 31, 2023

FEDERAL HOME LOAN BANK ADVANCES

Schedule of FHLB advances

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

	March 31, 2023			March 31, 2022
FHLB advances	$	123,754		$	—
Weighted average interest rate on FHLB advances (1)		4.88	%		0.31	%

⁽¹⁾ Computed based on the borrowing activity for the fiscal years ended March 31, 2023 and 2022, respectively.