v3.25.1
PREMISES AND EQUIPMENT
12 Months Ended
Mar. 31, 2025
PREMISES AND EQUIPMENT  
PREMISES AND EQUIPMENT

5.    PREMISES AND EQUIPMENT

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

March 31, 

2025

2024

Land

    

$

6,924

    

$

5,924

Buildings and improvements

 

23,413

 

22,172

Leasehold improvements

 

3,118

 

3,154

Furniture and equipment

 

11,558

 

11,510

Total

 

45,013

 

42,760

Less accumulated depreciation and amortization

 

(22,709)

 

(21,042)

Premises and equipment, net

$

22,304

$

21,718

Depreciation and amortization expense was $2.1 million, $2.0 million and $1.7 million for the years ended March 31, 2025, 2024 and 2023, respectively.