Premises And Equipment

9 Months Ended

Dec. 31, 2023

Property, Plant and Equipment [Abstract]

Premises And Equipment

Note 4 - PREMISES AND EQUIPMENT

Premises and equipment at December 31, 2023 and March 31, 2023, consist of the following:

(dollars in thousands)	December 31, 2023		March 31, 2023
Land	$	838	$	818
Buildings and leasehold improvements		9,294		8,855
Equipment		3,370		3,150
Automobiles		136		48
Computer software		1,036		1,031
Total cost		14,674		13,902
Less accumulated depreciation		10,414		9,798
Total premises and equipment	$	4,260	$	4,104

Depreciation expense included in occupancy and equipment on the consolidated statements of income totaled $129 and $125 for the three months ended December 31, 2023 and 2022, and $377 and $352 for the nine months ended December 31, 2023 and 2022, respectively.