XML 49 R38.htm IDEA: XBRL DOCUMENT v3.24.3
Schedule of Changes in Allowance for Loan Losses (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Financing Receivable, Past Due [Line Items]        
Beginning balance $ 8,208 $ 6,645 $ 7,683 $ 5,793
Additional allowance recognized due to adoption of Topic 326       218
Balance January 1, 2023       6,011
Credit loss (expense) income 409 1,324 1,803 2,635
Charge-offs (366) (882) (1,441) (1,728)
Recoveries 86 113 292 282
Ending balance 8,337 7,200 8,337 7,200
Residential Portfolio Segment [Member]        
Financing Receivable, Past Due [Line Items]        
Beginning balance 970 883 1,020 768
Additional allowance recognized due to adoption of Topic 326       33
Balance January 1, 2023       801
Credit loss (expense) income 265 (113) 215 (31)
Charge-offs
Recoveries
Ending balance 1,235 770 1,235 770
Multi Family Real Estate [Member]        
Financing Receivable, Past Due [Line Items]        
Beginning balance 712 1,037 1,041 748
Additional allowance recognized due to adoption of Topic 326       327
Balance January 1, 2023       1,075
Credit loss (expense) income 114 184 (215) 146
Charge-offs
Recoveries
Ending balance 826 1,221 826 1,221
Commercial Real Estate Portfolio Segment [Member]        
Financing Receivable, Past Due [Line Items]        
Beginning balance 4,303 2,802 3,793 3,262
Additional allowance recognized due to adoption of Topic 326       (367)
Balance January 1, 2023       2,895
Credit loss (expense) income (803) 620 (293) 527
Charge-offs
Recoveries
Ending balance 3,500 3,422 3,500 3,422
Construction Loans [Member]        
Financing Receivable, Past Due [Line Items]        
Beginning balance 1,677 680 1,019 173
Additional allowance recognized due to adoption of Topic 326       278
Balance January 1, 2023       451
Credit loss (expense) income 605 194 1,263 423
Charge-offs
Recoveries
Ending balance 2,282 874 2,282 874
Commercial Portfolio Segment [Member]        
Financing Receivable, Past Due [Line Items]        
Beginning balance 134 135 281 277
Additional allowance recognized due to adoption of Topic 326       (262)
Balance January 1, 2023       15
Credit loss (expense) income 47 102 (83) 177
Charge-offs (10) (17) (52)
Recoveries 87
Ending balance 181 227 181 227
Consumer Portfolio Segment [Member]        
Financing Receivable, Past Due [Line Items]        
Beginning balance 412 1,108 529 565
Additional allowance recognized due to adoption of Topic 326       209
Balance January 1, 2023       774
Credit loss (expense) income 181 337 916 1,393
Charge-offs (366) (872) (1,424) (1,676)
Recoveries 86 113 292 195
Ending balance $ 313 $ 686 $ 313 $ 686