LOANS AND ALLOWANCE FOR CREDIT LOSSES

Schedule of risk category of bank loans by year of origination


	Term Loans Amortized Cost Basis by Origination Fiscal Year
															Total
													Revolving		Loans
	2024		2023		2022		2021		2020		Prior		Loans		Receivable

Commercial business
Risk rating
Pass	$	4,314	$	63,317	$	89,900	$	34,254	$	18,736	$	16,061	$	13,122	$	239,704
Special Mention		—		102		—		—		681		455		3,673		4,911
Substandard		—		—		—		—		—		110		—		110
Total commercial business	$	4,314	$	63,419	$	89,900	$	34,254	$	19,417	$	16,626	$	16,795	$	244,725
Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Commercial real estate
Risk rating
Pass	$	1,564	$	65,785	$	144,067	$	91,666	$	54,754	$	178,736	$	—	$	536,572
Special Mention		—		—		—		—		—		19,139		—		19,139
Substandard		—		—		—		—		—		928		—		928
Total commercial real estate	$	1,564	$	65,785	$	144,067	$	91,666	$	54,754	$	198,803	$	—	$	556,639
Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Land
Risk rating
Pass	$	—	$	2,402	$	1,407	$	1,856	$	119	$	486	$	—	$	6,270
Special Mention		—		97		—		—		—		—		—		97
Total land	$	—	$	2,499	$	1,407	$	1,856	$	119	$	486	$	—	$	6,367
Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Multi-family
Risk rating
Pass	$	398	$	3,474	$	32,575	$	5,474	$	9,324	$	2,996	$	—	$	54,241
Special Mention		—		—		—		—		35		33		—		68
Substandard		—		—		—		—		—		31		—		31
Total multi-family	$	398	$	3,474	$	32,575	$	5,474	$	9,359	$	3,060	$	—	$	54,340
Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—


	Term Loans Amortized Cost Basis by Origination Fiscal Year
															Total
													Revolving		Loans
	2024		2023		2022		2021		2020		Prior		Loans		Receivable

Real estate construction
Risk rating
Pass	$	1,687	$	22,592	$	19,214	$	—	$	—	$	—	$	124	$	43,617
Special Mention		—		323		—		—		—		—		—		323
Total real estate construction	$	1,687	$	22,915	$	19,214	$	—	$	—	$	—	$	124	$	43,940
Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Real estate one-to-four family
Risk rating
Pass	$	4	$	—	$	62,576	$	4,255	$	4,512	$	15,946	$	9,273	$	96,566
Substandard		—		—		—		—		—		41		—		41
Total real estate one-to-four family	$	4	$	—	$	62,576	$	4,255	$	4,512	$	15,987	$	9,273	$	96,607
Current period gross write-offs	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	—

Other installment
Risk rating
Pass	$	141	$	709	$	293	$	125	$	58	$	34	$	429	$	1,789
Total other installment	$	141	$	709	$	293	$	125	$	58	$	34	$	429	$	1,789
Current period gross write-offs	$	—	$	11	$	—	$	—	$	—	$	—	$	—	$	11

Total loans receivable, gross
Risk rating
Pass	$	8,108	$	158,279	$	350,032	$	137,630	$	87,503	$	214,259	$	22,948	$	978,759
Special Mention		—		522		—		—		716		19,627		3,673		24,538
Substandard		—		—		—		—		—		1,110		—		1,110
Total loans receivable, gross	$	8,108	$	158,801	$	350,032	$	137,630	$	88,219	$	234,996	$	26,621	$	1,004,407
Total current period gross write-offs	$	—	$	11	$	—	$	—	$	—	$	—	$	—	$	11

Schedule of impaired financing receivables

The following table presents an analysis of loans receivable and the allowance for loan losses, based on impairment methodology as of March 31, 2023 (in thousands):



	Allowance for Loan Losses						Recorded Investment in Loans
	Individually		Collectively				Individually		Collectively
	Evaluated		Evaluated				Evaluated		Evaluated
	for		for				for		for
March 31, 2023	Impairment		Impairment		Total		Impairment		Impairment		Total

Commercial business	$	—	$	3,123	$	3,123	$	79	$	232,789	$	232,868
Commercial real estate		—		8,894		8,894		100		564,396		564,496
Land		—		93		93		—		6,437		6,437
Multi-family		—		798		798		—		55,836		55,836
Real estate construction		—		764		764		—		47,762		47,762
Consumer		6		1,121		1,127		450		101,007		101,457
Unallocated		—		510		510		—		—		—
Total	$	6	$	15,303	$	15,309	$	629	$	1,008,227	$	1,008,856

Schedule of credit quality indicators

The following table presents an analysis of loans by credit quality indicators as of March 31, 2023 (in thousands):


											Total
			Special								Loans
March 31, 2023	Pass		Mention		Substandard		Doubtful		Loss		Receivable

Commercial business	$	231,384	$	1,367	$	117	$	—	$	—	$	232,868
Commercial real estate		544,426		17,626		2,444		—		—		564,496
Land		6,437		—		—		—		—		6,437
Multi-family		55,694		142		—		—		—		55,836
Real estate construction		47,762		—		—		—		—		47,762
Consumer		101,371		—		86		—		—		101,457
Total	$	987,074	$	19,135	$	2,647	$	—	$	—	$	1,008,856