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ALLOWANCE FOR LOAN LOSSES (Tables)
 6 Months Ended
Jun. 30, 2022
Receivables [Abstract]  
Schedule of Changes in Allowance for Credit Losses by Portfolio Segment

The changes in the allowance for loan losses by portfolio segment are presented in the following tables for the periods indicated (in thousands):

   Three Months Ended June 30, 2022 
   One-to-four
Family
Residential		   Commercial
Real Estate		   Home Equity
and Lines of
Credit		   Residential
Construction		   Other
Construction
and Land		   Commercial   Consumer   Total 
Beginning balance  $1,343   $4,570   $227   $404   $857   $6,375   $173   $13,949 
Provision   (18)   18    16    (3)   21    82    3    119 
Charge-offs   —    —    —    —    —    (182)   (10)   (192)
Recoveries   106    —    —    —    —    118    —    224 
Ending balance  $1,431   $4,588   $243   $401   $878   $6,393   $166   $14,100 
   Three Months Ended June 30, 2021 
   One-to-four
Family
Residential		   Commercial
Real Estate		   Home Equity
and Lines of
Credit		   Residential
Construction		   Other
Construction
and Land		   Commercial   Consumer   Total 
Beginning balance  $1,270   $4,411   $207   $320   $918   $5,615   $218   $12,959 
Provision   (47)   303    19    52    (158)   99    41    309 
Charge-offs   1    —    —    —    —    (98)   —    (97)
Recoveries   3    —    —    —    17    134    —    154 
Ending balance  $1,227   $4,714   $226   $372   $777   $5,750   $259   $13,325 
                                         
   Six Months Ended June 30, 2022 
   One-to-four
Family
Residential		   Commercial
Real Estate		   Home Equity
and Lines of
Credit		   Residential
Construction		   Other
Construction
and Land		   Commercial   Consumer   Total 
Beginning balance  $1,363   $4,688   $246   $430   $824   $5,985   $187   $13,723 
Provision   (40)   (152)   (3)   (29)   35    627    (11)   427 
Charge-offs   —    —    —    —    —    (529)   (10)   (539)
Recoveries   108    52    —    —    19    310    —    489 
Ending balance  $1,431   $4,588   $243   $401   $878   $6,393   $166   $14,100 
                                         
   Six Months Ended June 30, 2021 
  

One-to-four

Family

Residential

  

Commercial

Real Estate

  

Home Equity

and Lines of

Credit

  

Residential

Construction

  

Other

Construction

and Land

   Commercial   Consumer   Total 
Beginning balance  $1,297   $4,559   $231   $389   $843   $5,118   $135   $12,572 
Provision   (60)   155    (5)   (17)   (83)   437    124    551 
Charge-offs   (29)   —    —    —    —    (204)   —    (233)
Recoveries   19    —    —    —    17    399    —    435 
Ending balance  $1,227   $4,714   $226   $372   $777   $5,750   $259   $13,325 

 

The allocation of the allowance for loan losses and the recorded investment in loans is presented in the following tables by portfolio segment and reserving methodology as of the dates indicated (in thousands):

   June 30, 2022 
   One-to-four
Family
Residential		   Commercial
Real Estate		   Home Equity
and Lines of
Credit		   Residential
Construction		   Other
Construction
and Land		   Commercial   Consumer   Total 
Allowance for loan losses                                        
Individually evaluated for impairment  $17   $—   $—   $—   $—   $—   $—   $17 
Collectively evaluated for impairment   1,414    4,588    243    401    878    6,393    166    14,083 
Ending Balance  $1,431   $4,588   $243   $401   $878   $6,393   $166   $14,100 
                                         
Loans receivable                                        
Individually evaluated for impairment  $618   $1,825   $—   $—   $—   $—   $—   $2,443 
Collectively evaluated for impairment   144,347    408,666    21,419    36,300    81,973    251,289    6,376    950,370 
Loans and Leases Receivable, Gross  $144,965   $410,491   $21,419   $36,300   $81,973   $251,289   $6,376   $952,813 
   December 31, 2021 
   One-to-four
Family
Residential		   Commercial
Real Estate		   Home Equity
and Lines of
Credit		   Residential
Construction		   Other
Construction
and Land		   Commercial   Consumer   Total 
Allowance for loan losses                                        
Individually evaluated for impairment  $20   $—   $—   $—   $—   $—   $—   $20 
Collectively evaluated for impairment   1,343    4,688    246    430    824    5,985    187    13,703 
Ending Balance  $1,363   $4,688   $246   $430   $824   $5,985   $187   $13,723 
                                         
Loans receivable                                        
Individually evaluated for impairment  $735   $2,080   $—   $—   $—   $28   $—   $2,843 
Collectively evaluated for impairment   131,870    420,797    21,601    38,750    75,349    235,028    7,237    930,632 
Loans and Leases Receivable, Gross  $132,605   $422,877   $21,601   $38,750   $75,349   $235,056   $7,237   $933,475 
[custom:DisclosureAllowanceForLoanLossesDetailsAbstract]
   Three Months Ended June 30, 2022 
   One-to-four
Family
Residential		   Commercial
Real Estate		   Home Equity
and Lines of
Credit		   Residential
Construction		   Other
Construction
and Land		   Commercial   Consumer   Total 
Beginning balance  $1,343   $4,570   $227   $404   $857   $6,375   $173   $13,949 
Provision   (18)   18    16    (3)   21    82    3    119 
Charge-offs   —    —    —    —    —    (182)   (10)   (192)
Recoveries   106    —    —    —    —    118    —    224 
Ending balance  $1,431   $4,588   $243   $401   $878   $6,393   $166   $14,100 
   Three Months Ended June 30, 2021 
   One-to-four
Family
Residential		   Commercial
Real Estate		   Home Equity
and Lines of
Credit		   Residential
Construction		   Other
Construction
and Land		   Commercial   Consumer   Total 
Beginning balance  $1,270   $4,411   $207   $320   $918   $5,615   $218   $12,959 
Provision   (47)   303    19    52    (158)   99    41    309 
Charge-offs   1    —    —    —    —    (98)   —    (97)
Recoveries   3    —    —    —    17    134    —    154 
Ending balance  $1,227   $4,714   $226   $372   $777   $5,750   $259   $13,325 
                                         
   Six Months Ended June 30, 2022 
   One-to-four
Family
Residential		   Commercial
Real Estate		   Home Equity
and Lines of
Credit		   Residential
Construction		   Other
Construction
and Land		   Commercial   Consumer   Total 
Beginning balance  $1,363   $4,688   $246   $430   $824   $5,985   $187   $13,723 
Provision   (40)   (152)   (3)   (29)   35    627    (11)   427 
Charge-offs   —    —    —    —    —    (529)   (10)   (539)
Recoveries   108    52    —    —    19    310    —    489 
Ending balance  $1,431   $4,588   $243   $401   $878   $6,393   $166   $14,100 
                                         
   Six Months Ended June 30, 2021 
  

One-to-four

Family

Residential

  

Commercial

Real Estate

  

Home Equity

and Lines of

Credit

  

Residential

Construction

  

Other

Construction

and Land

   Commercial   Consumer   Total 
Beginning balance  $1,297   $4,559   $231   $389   $843   $5,118   $135   $12,572 
Provision   (60)   155    (5)   (17)   (83)   437    124    551 
Charge-offs   (29)   —    —    —    —    (204)   —    (233)
Recoveries   19    —    —    —    17    399    —    435 
Ending balance  $1,227   $4,714   $226   $372   $777   $5,750   $259   $13,325 

 

The allocation of the allowance for loan losses and the recorded investment in loans is presented in the following tables by portfolio segment and reserving methodology as of the dates indicated (in thousands):

   June 30, 2022 
   One-to-four
Family
Residential		   Commercial
Real Estate		   Home Equity
and Lines of
Credit		   Residential
Construction		   Other
Construction
and Land		   Commercial   Consumer   Total 
Allowance for loan losses                                        
Individually evaluated for impairment  $17   $—   $—   $—   $—   $—   $—   $17 
Collectively evaluated for impairment   1,414    4,588    243    401    878    6,393    166    14,083 
Ending Balance  $1,431   $4,588   $243   $401   $878   $6,393   $166   $14,100 
                                         
Loans receivable                                        
Individually evaluated for impairment  $618   $1,825   $—   $—   $—   $—   $—   $2,443 
Collectively evaluated for impairment   144,347    408,666    21,419    36,300    81,973    251,289    6,376    950,370 
Loans and Leases Receivable, Gross  $144,965   $410,491   $21,419   $36,300   $81,973   $251,289   $6,376   $952,813 
   December 31, 2021 
   One-to-four
Family
Residential		   Commercial
Real Estate		   Home Equity
and Lines of
Credit		   Residential
Construction		   Other
Construction
and Land		   Commercial   Consumer   Total 
Allowance for loan losses                                        
Individually evaluated for impairment  $20   $—   $—   $—   $—   $—   $—   $20 
Collectively evaluated for impairment   1,343    4,688    246    430    824    5,985    187    13,703 
Ending Balance  $1,363   $4,688   $246   $430   $824   $5,985   $187   $13,723 
                                         
Loans receivable                                        
Individually evaluated for impairment  $735   $2,080   $—   $—   $—   $28   $—   $2,843 
Collectively evaluated for impairment   131,870    420,797    21,601    38,750    75,349    235,028    7,237    930,632 
Loans and Leases Receivable, Gross  $132,605   $422,877   $21,601   $38,750   $75,349   $235,056   $7,237   $933,475 
Schedule of Loans by Portfolio and Grade

The recorded investment in loans by portfolio segment and loan grade is presented in the following tables as of the dates indicated (in thousands):
ALLOWANCE FOR LOAN LOSSES (Details 2)
   June 30, 2022 
Loan Grade  One-to-Four
Family
Residential		   Commercial
Real Estate		   Home Equity
and Lines of
Credit		   Residential
Construction		   Other
Construction
and Land		   Commercial   Consumer   Total 
1  $—   $—   $—   $—   $—   $308   $157   $465 
2   —    232    —    —    —    249    —    481 
3   6,345    36,032    3,409    —    3,306    12,102    50    61,244 
4   117,287    304,414    15,776    30,096    64,310    103,174    5,062    640,119 
5   18,971    65,004    1,942    6,204    14,357    132,274    1,064    239,816 
6   1,677    2,881    292    —    —    2,854    16    7,720 
7   685    1,928    —    —    —    328    27    2,968 
Total  $144,965   $410,491   $21,419   $36,300   $81,973   $251,289   $6,376   $952,813 
     
   December 31, 2021 
Loan Grade  One-to-Four
Family
Residential		   Commercial
Real Estate		   Home Equity
and Lines of
Credit		   Residential
Construction		   Other
Construction
and Land		   Commercial   Consumer   Total 
1  $—   $—   $—   $—   $—   $306   $191   $497 
2   —    245    —    —    —    247    —    492 
3   8,719    39,770    3,477    —    3,959    11,071    53    67,049 
4   103,893    313,071    16,013    35,707    57,750    102,246    5,461    634,141 
5   17,482    60,576    1,715    3,043    13,640    119,455    1,434    217,345 
6   1,433    6,729    318    —    —    1,123    44    9,647 
7   1,078    2,486    78    —    —    608    54    4,304 
Total  $132,605   $422,877   $21,601   $38,750   $75,349   $235,056   $7,237   $933,475 
Schedule of Aging Analysis of Recorded Investment

An aging analysis of the recorded investment of loans by portfolio segment, including loans on nonaccrual status as well as accruing TDRs and purchased student loans for which there is a 98% guarantee, is presented in the following tables as of the dates indicated (in thousands).

Schedule of Aging Analysis of Recorded Investment
ALLOWANCE FOR LOAN LOSSES (Details 3)
   June 30, 2022 
   30-59 Days Past
Due		   60-89 Days Past
Due		   90 Days and Over
Past Due		   Total Past
Due		   Current   Total Loans
Receivable		 
One-to-four family residential  $—   $39   $—   $39   $144,926   $144,965 
Commercial real estate   —    —    —    —    410,491    410,491 
Home equity and lines of credit   —    —    —    —    21,419    21,419 
Residential construction   —    —    —    —    36,300    36,300 
Other construction and land   —    —    —    —    81,973    81,973 
Commercial   —    —    54    54    251,235    251,289 
Consumer   —    —    —    —    6,376    6,376 
Total  $—   $39   $54   $93   $952,720   $952,813 
                               
   December 31, 2021 
   30-59 Days Past
Due		   60-89 Days Past
Due		   90 Days and Over
Past Due		   Total Past
Due		   Current   Total Loans
Receivable		 
One-to-four family residential  $—   $—   $50   $50   $132,555   $132,605 
Commercial real estate   —    —    —    —    422,877    422,877 
Home equity and lines of credit   —    —    —    —    21,601    21,601 
Residential construction   —    —    —    —    38,750    38,750 
Other construction and land   —    —    —    —    75,349    75,349 
Commercial   54    —    —    54    235,002    235,056 
Consumer   —    —    590    590    6,647    7,237 
Total  $54   $—   $640   $694   $932,781   $933,475 
Schedule of Impaired Loans

The following table presents recorded investments in loans considered to be impaired and related information on those impaired loans as of June 30, 2022 and December 31, 2021 (in thousands).

   June 30, 2022   December 31, 2021 
   Recorded
Balance		   Unpaid
Principal
Balance		   Specific
Allowance		   Recorded
Balance		   Unpaid
Principal
Balance		   Specific
Allowance		 
Loans without a valuation allowance                              
One-to-four family residential  $276   $276   $—   $387   $387   $— 
Commercial real estate   1,825    1,825    —    2,080    2,132    — 
Commercial   —    —    —    28    28    — 
    2,101    2,101    —    2,495    2,547    — 
                               
Loans with a valuation allowance                              
One-to-four family residential   342    342    17    348    348    20 
    342    342    17    348    348    20 
                               
Total                              
One-to-four family residential   618    618    17    735    735    20 
Commercial real estate   1,825    1,825    —    2,080    2,132    — 
Commercial   —    —    —    28    28    — 
   $2,443   $2,443   $17   $2,843   $2,895   $20 

The average recorded investment in impaired loans by portfolio segment and interest income recognized on those impaired loans is presented in the following table for the periods indicated (in thousands):

   Three Months Ended June 30, 
   2022   2021 
   Average
Investment in
Impaired
Loans		   Interest
Income
Recognized		   Average
Investment in
Impaired
Loans		   Interest
Income
Recognized		 
Loans without a valuation allowance                    
One-to-four family residential  $277   $3   $282   $3 
Commercial real estate   1,857    24    1,542    18 
    2,134    27    1,824    21 
                     
Loans with a valuation allowance                    
One-to-four family residential   343    3    356    3 
    343    3    356    3 
                     
Total                    
One-to-four family residential   620    6    638    6 
Commercial real estate   1,857    24    1,542    18 
   $2,477   $30   $2,180   $24 
   Six Months Ended June 30, 
   2022   2021 
   Average
Investment in
Impaired
Loans		   Interest
Income
Recognized		   Average
Investment in
Impaired
Loans		   Interest
Income
Recognized		 
Loans without a valuation allowance                    
One-to-four family residential  $278   $6   $283   $6 
Commercial real estate   1,885    47    1,562    40 
    2,163    53    1,845    46 
                     
Loans with a valuation allowance                    
One-to-four family residential   344    6    357    6 
    344    6    357    6 
                     
Total                    
One-to-four family residential   622    12    640    12 
Commercial real estate   1,885    47    1,562    40 
   $2,507   $59   $2,202   $52 
[custom:DisclosureAllowanceForLoanLossesDetails4Abstract]
   June 30, 2022   December 31, 2021 
   Recorded
Balance		   Unpaid
Principal
Balance		   Specific
Allowance		   Recorded
Balance		   Unpaid
Principal
Balance		   Specific
Allowance		 
Loans without a valuation allowance                              
One-to-four family residential  $276   $276   $—   $387   $387   $— 
Commercial real estate   1,825    1,825    —    2,080    2,132    — 
Commercial   —    —    —    28    28    — 
    2,101    2,101    —    2,495    2,547    — 
                               
Loans with a valuation allowance                              
One-to-four family residential   342    342    17    348    348    20 
    342    342    17    348    348    20 
                               
Total                              
One-to-four family residential   618    618    17    735    735    20 
Commercial real estate   1,825    1,825    —    2,080    2,132    — 
Commercial   —    —    —    28    28    — 
   $2,443   $2,443   $17   $2,843   $2,895   $20 

The average recorded investment in impaired loans by portfolio segment and interest income recognized on those impaired loans is presented in the following table for the periods indicated (in thousands):

   Three Months Ended June 30, 
   2022   2021 
   Average
Investment in
Impaired
Loans		   Interest
Income
Recognized		   Average
Investment in
Impaired
Loans		   Interest
Income
Recognized		 
Loans without a valuation allowance                    
One-to-four family residential  $277   $3   $282   $3 
Commercial real estate   1,857    24    1,542    18 
    2,134    27    1,824    21 
                     
Loans with a valuation allowance                    
One-to-four family residential   343    3    356    3 
    343    3    356    3 
                     
Total                    
One-to-four family residential   620    6    638    6 
Commercial real estate   1,857    24    1,542    18 
   $2,477   $30   $2,180   $24 
   Six Months Ended June 30, 
   2022   2021 
   Average
Investment in
Impaired
Loans		   Interest
Income
Recognized		   Average
Investment in
Impaired
Loans		   Interest
Income
Recognized		 
Loans without a valuation allowance                    
One-to-four family residential  $278   $6   $283   $6 
Commercial real estate   1,885    47    1,562    40 
    2,163    53    1,845    46 
                     
Loans with a valuation allowance                    
One-to-four family residential   344    6    357    6 
    344    6    357    6 
                     
Total                    
One-to-four family residential   622    12    640    12 
Commercial real estate   1,885    47    1,562    40 
   $2,507   $59   $2,202   $52 
Schedule of Non-Performaing Loans

The recorded investment of nonperforming loans by portfolio segment is presented in the table below as of the dates indicated (in thousands):
ALLOWANCE FOR LOAN LOSSES (Details 5)
   June 30,   December 31, 
   2022   2021 
One-to-four family residential  $24   $107 
Commercial real estate   —    767 
Commercial   289    473 
Consumer   —    2 
Nonperforming loans  $313   $1,349 
The recorded investment in performing and nonperforming TDRs by portfolio segment is presented in the tables below as of the dates indicated (in thousands):

The recorded investment in performing and nonperforming TDRs by portfolio segment is presented in the tables below as of the dates indicated (in thousands):
ALLOWANCE FOR LOAN LOSSES (Details 6)
   June 30, 2022 
   Performing   Nonperforming   Total 
   TDRs   TDRs   TDRs 
One-to-four family residential  $563   $—   $563 
Commercial real estate   911    —    911 
Commercial   198    101    299 
Consumer   10    —    10 
Total  $1,682   $101   $1,783 
                
   December 31, 2021 
   Performing   Nonperforming   Total 
   TDRs   TDRs   TDRs 
One-to-four family residential  $577   $—   $577 
Commercial real estate   961    —    961 
Commercial   205    110    315 
Consumer   37    2    39 
Total  $1,780   $112   $1,892 
ALLOWANCE FOR LOAN LOSSES (Details 7)
   Modification Type   Number of TDR
Loans		   Pre-Modification
Recorded
Investment		   Post-Modification
Recorded
Investment		 
Six months ended June 30, 2021                
  Interest rate concession   1   $357   $357