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Loans
 9 Months Ended
Sep. 30, 2025
Receivables [Abstract]  
Loans Loans
 
The following table summarizes the Company’s loans held-for-investment (in thousands):

 September 30,December 31,
 20252024
Real estate loans: 
Multifamily$2,440,505 $2,597,484 
Commercial mortgage894,523 889,801 
One-to-four family residential mortgage165,969 150,217 
Home equity and lines of credit193,309 174,062 
Construction and land34,365 35,897 
Total real estate loans3,728,671 3,847,461 
Commercial and industrial loans 162,053 163,425 
Other loans1,204 2,165 
Total commercial and industrial and other loans163,257 165,590 
Loans held-for-investment (excluding purchased credit-deteriorated (“PCD”) loans)
3,891,928 4,013,051 
PCD loans8,418 9,173 
Total loans held-for-investment3,900,346 4,022,224 
Allowance for credit losses(36,890)(35,183)
Net loans held-for-investment$3,863,456 $3,987,041 


The Company did not have any loans held-for-sale at September 30, 2025. At December 31, 2024, loans held-for-sale totaled $4.9 million.

In addition to originating loans, the Company may acquire loans through portfolio purchases or acquisitions of other companies. Purchased loans that have evidence of more than insignificant credit deterioration since origination are deemed PCD loans. For PCD loans, each loan pool is accounted for as a single asset with a single composite interest rate and an aggregate expectation of cash flows. PCD loans totaled $8.4 million at September 30, 2025, as compared to $9.2 million at December 31, 2024. The majority of the PCD loan balances were acquired as part of a Federal Deposit Insurance Corporation-assisted transaction. At September 30, 2025, PCD loans consisted of approximately 10% of one-to-four family residential loans, 21% of commercial real estate loans, 57% of commercial and industrial loans, and of 12% home equity loans. At December 31, 2024, PCD loans consisted of approximately 9% of one-to-four family residential loans, 25% of commercial real estate loans, 55% of commercial and industrial loans, and 11% of home equity loans.
Credit Quality Indicators

The Company monitors the credit quality of its loan portfolio on a regular basis. Credit quality is monitored by reviewing certain credit quality indicators. Management has determined that loan-to-value (“LTV”) ratios (at period end) and internally assigned credit risk ratings by loan type are the key credit quality indicators that best measure the credit quality of the Company’s loan receivables. LTV ratios used by management in monitoring credit quality are based on current period loan balances and original appraised values at the time of origination (unless a current appraisal has been obtained as a result of the loan being deemed impaired).

The Company maintains a credit risk rating system as part of the risk assessment of its loan portfolio. The Company’s lending officers are required to assign a credit risk rating to each loan in their portfolio at origination. This risk rating is reviewed periodically and adjusted if necessary. Monthly, management presents monitored assets to the Loan Committee. In addition, the Company engages a third-party independent loan reviewer that performs semi-annual reviews of a sample of loans, validating the credit risk ratings assigned to such loans. The credit risk ratings play an important role in the establishment of the provision for credit losses on loans and the allowance for credit losses for loans held-for-investment. After determining the loss factor for each portfolio segment held-for-investment, the collectively evaluated for impairment balance of the held-for-investment portfolio is multiplied by the collectively evaluated for impairment loss factor for the respective portfolio segment in order to determine the allowance for loans collectively evaluated for impairment.

When assigning a credit risk rating to a loan, management utilizes the Bank’s internal nine-point credit risk rating system.

1.Strong
2.Good
3.Acceptable
4.Adequate
5.Watch
6.Special Mention
7.Substandard
8.Doubtful
9.Loss

Loans rated 1 to 5 are considered pass ratings. An asset is classified substandard if it is inadequately protected by the current net worth and paying capacity of the obligor or of the collateral pledged, if any. Substandard assets have well defined weaknesses based on objective evidence, and are characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. Assets classified as doubtful have all of the weaknesses inherent in those classified substandard with the added characteristic that the weaknesses present make collection or liquidation in full highly questionable and improbable based on current circumstances. Assets classified as loss are those considered uncollectible and of such little value that their continuance as assets is not warranted. Assets which do not currently expose the Company to sufficient risk to warrant classification in one of the aforementioned categories, but possess weaknesses, are required to be designated special mention.
The following table presents the Company’s loans held-for-investment and current period gross charge-offs, excluding PCD loans, by loan class, credit risk ratings and year of origination, at September 30, 2025 (in thousands):

 September 30, 2025
 20252024202320222021PriorRevolving LoansTotal
Real Estate:   
Multifamily   
Pass$41,319 $4,835 $84,526 $577,495 $607,551 $1,113,860 $327 $2,429,913 
Special mention— — — — 1,174 — — 1,174 
Substandard— — — — — 9,418 — 9,418 
Total multifamily41,319 4,835 84,526 577,495 608,725 1,123,278 327 2,440,505 
Commercial mortgage   
Pass55,176 62,070 85,926 191,183 138,421 339,810 2,230 874,816 
Special mention— — — — — 8,112 — 8,112 
Substandard— — — — — 11,308 287 11,595 
Total commercial mortgage55,176 62,070 85,926 191,183 138,421 359,230 2,517 894,523 
One-to-four family residential   
Pass18,042 17,017 11,259 21,520 11,489 85,003 292 164,622 
Substandard— — — — — 1,347 — 1,347 
Total one-to-four family residential18,042 17,017 11,259 21,520 11,489 86,350 292 165,969 
Home equity and lines of credit
Pass12,013 13,129 15,801 28,058 11,074 21,061 89,750 190,886 
Special mention— — — 66 — 7 — 73 
Substandard— — 201 1,430 544 175 — 2,350 
Total home equity and lines of credit12,013 13,129 16,002 29,554 11,618 21,243 89,750 193,309 
Construction and land
Pass10,259 3,617 9,435 5,373 — 5,681 — 34,365 
Total construction and land10,259 3,617 9,435 5,373 — 5,681 — 34,365 
Total real estate loans136,809 100,668 207,148 825,125 770,253 1,595,782 92,886 3,728,671 
Commercial and industrial
Pass8,810 14,021 13,003 15,443 10,612 6,750 83,344 151,983 
Special mention— — 610 — — — — 610 
Substandard— 2,539 3,187 1,063 1,404 435 832 9,460 
Total commercial and industrial8,810 16,560 16,800 16,506 12,016 7,185 84,176 162,053 
Current-period gross charge-offs— 67 717 1,942 1,112 795 — 4,633 
Other
Pass1,145 — — — — 10 46 1,201 
Substandard— — — — — 3 — 3 
Total other1,145 — — — — 13 46 1,204 
Current period gross charge-offs— — — — — 1 — 1 
Total loans held-for-investment$146,764 $117,228 $223,948 $841,631 $782,269 $1,602,980 $177,108 $3,891,928 
Total current-period gross charge-offs$— $67 $717 $1,942 $1,112 $796 $— $4,634 
The following table presents the Company’s loans held-for-investment and current period gross charge-offs, excluding PCD loans, by loan class, credit risk ratings and year of origination, at December 31, 2024 (in thousands):

 
December 31, 2024
 20242023202220212020PriorRevolving LoansTotal
Real Estate:   
Multifamily   
Pass$4,881 $86,169 $594,887 $628,886 $449,955 $819,582 $493 $2,584,853 
Special mention— — — 1,197 1,131 1,445 — 3,773 
Substandard— — — — — 8,858 — 8,858 
Total multifamily4,881 86,169 594,887 630,083 451,086 829,885 493 2,597,484 
Current-period gross charge-offs— — — — — 136 — 136 
Commercial mortgage   
Pass63,034 87,164 195,575 149,231 61,214 309,280 1,200 866,698 
Special mention— — — — 2,701 9,297 — 11,998 
Substandard— — — — — 10,812 293 11,105 
Total commercial mortgage63,034 87,164 195,575 149,231 63,915 329,389 1,493 889,801 
One-to-four family residential   
Pass8,929 6,597 23,452 11,728 6,547 91,404 920 149,577 
Substandard— — — — — 640 — 640 
Total one-to-four family residential8,929 6,597 23,452 11,728 6,547 92,044 920 150,217 
Home equity and lines of credit
Pass15,231 19,647 31,378 12,209 6,499 16,966 70,453 172,383 
Special mention— — 68 — — — — 68 
Substandard— — 1,008 421 23 159 — 1,611 
Total home equity and lines of credit15,231 19,647 32,454 12,630 6,522 17,125 70,453 174,062 
Construction and land
Pass3,532 11,254 2,281 625 13,570 4,635 — 35,897 
Total construction and land3,532 11,254 2,281 625 13,570 4,635 — 35,897 
Total real estate loans95,607 210,831 848,649 804,297 541,640 1,273,078 73,359 3,847,461 
Commercial and industrial
Pass15,733 14,768 19,043 13,539 2,977 6,680 82,552 155,292 
Special mention— 770 264 168 — — — 1,202 
Substandard2,494 733 1,217 1,280 72 131 1,004 6,931 
Total commercial and industrial18,227 16,271 20,524 14,987 3,049 6,811 83,556 163,425 
Current-period gross charge-offs— 387 3,249 2,966 73 198 — 6,873 
Other
Pass2,096 — — — — 11 53 2,160 
Substandard— — — — — 5 — 5 
Total other2,096 — — — — 16 53 2,165 
Total loans held-for-investment$115,930 $227,102 $869,173 $819,284 $544,689 $1,279,905 $156,968 $4,013,051 
Total current-period gross charge-offs$— $387 $3,249 $2,966 $73 $334 $— $7,009 
Past Due and Non-Accrual Loans

Included in loans receivable held-for-investment are loans for which the accrual of interest income has been discontinued due to deterioration in the financial condition of the borrowers (excluding PCD loans). The recorded investment of these non-accrual loans was $15.3 million and $14.3 million at September 30, 2025, and December 31, 2024, respectively. Generally, originated loans are placed on non-accrual status when they become 90 days or more delinquent, or sooner if considered appropriate by management, and remain on non-accrual status until they are brought current, have six consecutive months of performance under the revised loan terms, and factors indicating reasonable doubt about the timely collection of payments no longer exist. Therefore, loans may be current in accordance with their loan terms, or may be less than 90 days delinquent and still be on non-accruing status.

When an individual loan no longer demonstrates the similar credit risk characteristics as other loans within its current segment, the Company evaluates each for expected credit losses on an individual basis. All non-accrual loans $500,000 and above and all loans designated as Troubled Debt Restructurings (“TDRs”) prior to the adoption of Accounting Standards Update (“ASU”) No. 2022-02, “Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures” (“ASU 2022-02”) on January 1, 2023, are individually evaluated. See “Loan Modifications Made to Borrowers Experiencing Financial Difficulty” section below for more information. The non-accrual loans individually evaluated for impairment were $10.0 million and $9.6 million at September 30, 2025, and December 31, 2024, respectively. Loans on non-accrual status with principal balances less than $500,000, and therefore not meeting the Company's definition of an impaired loan, amounted to $5.3 million and $4.7 million at September 30, 2025, and December 31, 2024, respectively. Loans past due 90 days or more and still accruing interest were $3.8 million and $1.2 million at September 30, 2025, and December 31, 2024, respectively, and consisted of loans that are well-secured and in the process of collection.

The following tables set forth the detail, and delinquency status, of non-performing loans (non-accrual loans and loans past due 90 days or more and still accruing), net of deferred fees and costs, at September 30, 2025, and December 31, 2024, excluding PCD loans and non-accrual loans held-for sale (in thousands):
 September 30, 2025
 Total Non-Performing Loans
 Non-Accruing Loans  
 Current30-89 Days Past Due90 Days or More Past DueTotal90 Days or More Past Due and AccruingTotal Non-Performing Loans
Loans held-for-investment:      
Real estate loans:      
Multifamily      
Substandard$2,154 $— $478 $2,632 $— $2,632 
Total multifamily2,154 — 478 2,632 — 2,632 
Commercial mortgage
Substandard1,380 133 4,320 5,833 52 5,885 
Total commercial mortgage1,380 133 4,320 5,833 52 5,885 
One-to-four family residential      
Substandard— — — — 870 870 
Total one-to-four family residential— — — — 870 870 
Home equity and lines of credit      
Special mention— — — — 7 7 
Substandard291 37 1,619 1,947 22 1,969 
Total home equity and lines of credit291 37 1,619 1,947 29 1,976 
Total real estate 3,825 170 6,417 10,412 951 11,363 
Commercial and industrial loans      
Substandard2,733 164 1,956 4,853 2,851 7,704 
Total commercial and industrial loans2,733 164 1,956 4,853 2,851 7,704 
Total non-performing loans $6,558 $334 $8,373 $15,265 $3,802 $19,067 

At September 30, 2025, the Company did not have any non-accrual loans held-for-sale.
 December 31, 2024
 Total Non-Performing Loans
 Non-Accruing Loans  
 Current30-89 Days Past Due90 Days or More Past DueTotal90 Days or More Past Due and AccruingTotal Non-Performing Loans
Loans held-for-investment:      
Real estate loans:      
Multifamily      
Substandard$1,727 $— $882 $2,609 $164 $2,773 
Total multifamily1,727 — 882 2,609 164 2,773 
Commercial mortgage
Substandard58 142 4,378 4,578 — 4,578 
Total commercial mortgage58 142 4,378 4,578 — 4,578 
One-to-four family residential      
Pass— — — — 748 748 
Substandard— — — — 134 134 
Total one-to-four family residential— — — — 882 882 
Home equity and lines of credit
Substandard19 44 1,207 1,270 140 1,410 
Total home equity and lines of credit19 44 1,207 1,270 140 1,410 
Total real estate1,804 186 6,467 8,457 1,186 9,643 
Commercial and industrial loans      
Substandard2,658 247 2,902 5,807 — 5,807 
Total commercial and industrial loans2,658 247 2,902 5,807 — 5,807 
Total non-performing loans$4,462 $433 $9,369 $14,264 $1,186 $15,450 

At December 31, 2024, the Company had non-accrual loans held-for-sale of $4.9 million, which are not included in the above table.
The following tables set forth the detail and delinquency status of loans held-for-investment, excluding PCD loans, net of deferred fees and costs, at September 30, 2025, and December 31, 2024 (in thousands):

 September 30, 2025
 Past Due Loans 
 30-89 Days Past Due90 Days or More Past Due90 Days or More Past Due and AccruingTotal Past DueCurrentTotal Loans Receivable, net
Loans held-for-investment:  
Real estate loans:  
Multifamily
Pass$2,337 $— $— $2,337 $2,427,576 $2,429,913 
Special mention— — — — 1,174 1,174 
Substandard— 478 — 478 8,940 9,418 
Total multifamily2,337 478 — 2,815 2,437,690 2,440,505 
Commercial mortgage  
Pass8,139 — — 8,139 866,677 874,816 
Special mention— — — — 8,112 8,112 
Substandard133 4,320 52 4,505 7,090 11,595 
Total commercial mortgage8,272 4,320 52 12,644 881,879 894,523 
One-to-four family residential  
Pass2,545 — — 2,545 162,077 164,622 
Substandard— — 870 870 477 1,347 
Total one-to-four family residential2,545 — 870 3,415 162,554 165,969 
Home equity and lines of credit
Pass929 — — 929 189,957 190,886 
Special mention66 — 7 73 — 73 
Substandard263 1,619 22 1,904 446 2,350 
Total home equity and lines of credit1,258 1,619 29 2,906 190,403 193,309 
Construction and land  
Pass— — — — 34,365 34,365 
Total construction and land— — — — 34,365 34,365 
Total real estate14,412 6,417 951 21,780 3,706,891 3,728,671 
Commercial and industrial   
Pass2,229 — — 2,229 149,754 151,983 
Special mention— — — — 610 610 
Substandard348 1,956 2,851 5,155 4,305 9,460 
Total commercial and industrial 2,577 1,956 2,851 7,384 154,669 162,053 
Other loans  
Pass— — — — 1,201 1,201 
Substandard— — — — 3 3 
Total other loans— — — — 1,204 1,204 
Total loans held-for-investment$16,989 $8,373 $3,802 $29,164 $3,862,764 $3,891,928 
 December 31, 2024
 Past Due Loans 
 30-89 Days Past Due90 Days or More Past Due90 Days or More Past Due and AccruingTotal Past DueCurrentTotal Loans Receivable, net
Loans held-for-investment:
Real estate loans:
Multifamily
Pass$2,381 $— $— $2,381 $2,582,472 $2,584,853 
Special mention— — — — 3,773 3,773 
Substandard450 882 164 1,496 7,362 8,858 
Total multifamily2,831 882 164 3,877 2,593,607 2,597,484 
Commercial mortgage
Pass25 — — 25 866,673 866,698 
Special mention— — — — 11,998 11,998 
Substandard195 4,378 — 4,573 6,532 11,105 
Total commercial mortgage220 4,378 — 4,598 885,203 889,801 
One-to-four family residential
Pass2,406 — 748 3,154 146,423 149,577 
Substandard— — 134 134 506 640 
Total one-to-four family residential2,406 — 882 3,288 146,929 150,217 
Home equity and lines of credit
Pass1,473 — — 1,473 170,910 172,383 
Special mention— — — — 68 68 
Substandard44 1,207 140 1,391 220 1,611 
Total home equity and lines of credit1,517 1,207 140 2,864 171,198 174,062 
Construction and land
Pass— — — — 35,897 35,897 
Total construction and land— — — — 35,897 35,897 
Total real estate6,974 6,467 1,186 14,627 3,832,834 3,847,461 
Commercial and industrial
Pass1,648 — — 1,648 153,644 155,292 
Special mention432 — — 432 770 1,202 
Substandard711 2,902 — 3,613 3,318 6,931 
Total commercial and industrial2,791 2,902 — 5,693 157,732 163,425 
Other loans
Pass3 — — 3 2,157 2,160 
Substandard— — — — 5 5 
Total other loans3 — — 3 2,162 2,165 
Total loans held-for-investment$9,768 $9,369 $1,186 $20,323 $3,992,728 $4,013,051 
The following tables summarize information on non-accrual loans, excluding PCD loans, as of September 30, 2025, and December 31, 2024 (in thousands):
September 30, 2025
Recorded InvestmentUnpaid Principal BalanceWith No Related Allowance
Real estate loans:
Multifamily$2,632 $3,046 $1,693 
Commercial mortgage5,833 6,266 2,396 
Home equity and lines of credit1,947 2,196 — 
Commercial and industrial4,853 15,809 883 
Total non-accrual loans$15,265 $27,317 $4,972 

December 31, 2024
Recorded InvestmentUnpaid Principal BalanceWith No Related Allowance
Real estate loans:
Multifamily$2,609 $3,023 $1,727 
Commercial mortgage4,578 5,011 3,806 
Home equity and lines of credit1,270 1,519 — 
Commercial and industrial5,807 14,693 1,534 
Total non-accrual loans$14,264 $24,246 $7,067 

The following table summarizes interest income recognized on non-accrual loans, excluding PCD loans, during the three and nine months ended September 30, 2025 and September 30, 2024 (in thousands):

Three Months Ended September 30,Nine Months Ended September 30,
2025202420252024
Real estate loans:
Multifamily$59 $36 $128 $111 
Commercial mortgage55 34 85 188 
One-to-four family residential— 1 — 4 
Home equity and lines of credit31 7 62 14 
Commercial and industrial97 898 253 987 
Total interest income on non-accrual loans$242 $976 $528 $1,304 

Collateral-Dependent Loans

Loans for which the borrower is experiencing financial difficulty and repayment is expected to be provided substantially through the operation or sale of the collateral are considered to be collateral-dependent loans. Collateral can have a significant financial effect in mitigating exposure to credit risk and, where there is sufficient collateral, an allowance for credit losses is not recognized or is minimal. For collateral-dependent loans, the allowance for credit losses is individually assessed based on the fair value of the collateral less estimated costs of sale. The Company's collateral-dependent loans are secured by real estate, inventory and equipment. Collateral values are generally based on appraisals, which are adjusted for changes in market indices. As of September 30, 2025, and December 31, 2024, the Company had $9.6 million and $8.7 million of collateral-dependent impaired loans, respectively. The collateral-dependent loans at September 30, 2025, consisted of $6.1 million of commercial real estate loans, $1.7 million of multifamily loans, $839,000 of commercial and industrial loans, and $980,000 of one-to-four family residential loans. For the nine months ended September 30, 2025, there was no significant deterioration or changes in the collateral securing these loans.
Loan Modifications Made to Borrowers Experiencing Financial Difficulty

The Company has modified, and may modify in the future, certain loans to borrowers experiencing financial difficulty. These modifications may include a reduction in interest rate, an extension in term, principal forgiveness and/or other than insignificant payment delay.

The following table presents the amortized cost basis of loan modifications made to borrowers experiencing financial difficulty that were modified during the three and nine months ended September 30, 2025 and 2024, by class and by type of modification (dollars in thousands):
Three Months Ended September 30, 2025
Payment DelayPayment Delay and Interest Rate ReductionPayment Delay and Term ExtensionPayment Delay, Term Extension, and Interest Rate ReductionTotalPercentage of Total Class of Financing Receivable
Commercial and industrial$— $— $— $2,851 $2,851 1.76 %
Total loans$— $— $— $2,851 $2,851 
Three Months Ended September 30, 2024
Payment Delay
Term Extension (1)
Payment Delay and Term ExtensionPayment Delay, Term Extension, and Interest Rate ReductionTotalPercentage of Total Class of Financing Receivable
Commercial and industrial$445 $— $— $— $445 0.26 %
Total loans$445 $— $— $— $445 

Nine Months Ended September 30, 2025
Payment DelayPayment Delay and Interest Rate ReductionPayment Delay and Term ExtensionPayment Delay, Term Extension, and Interest Rate ReductionsTotalPercentage of Total Class of Financing Receivable
Commercial mortgage$1,730 $— $— $— $1,730 0.19 %
Commercial and industrial— 442 — 2,851 3,293 2.03 %
Total loans$1,730 $442 $— $2,851 $5,023 

Nine Months Ended September 30, 2024
Payment Delay
Term Extension (1)
Payment Delay and Term ExtensionPayment Delay, Term Extension, and Interest Rate ReductionsTotalPercentage of Total Class of Financing Receivable
Commercial mortgage$— $— $386 $295 $681 0.08 %
Commercial and industrial569 12,500 — 888 13,957 8.00 %
Total loans$569 $12,500 $386 $1,183 $14,638 
(1) Represents one loan with a carrying balance of $12.5 million at September 30, 2024, that was risk rated substandard and had received multiple 90-day extensions through July 1, 2024. The loan experienced credit deterioration and was put on non-accrual status in the third quarter of 2024. The loan made a payment of $10.0 million during the fourth quarter of 2024. The remaining $2.5 million balance of this loan was current as of September 30, 2025, but remains on non-accrual status.
The following table presents the financial effect of loan modifications made to borrowers experiencing financial difficulty during the nine months ended September 30, 2025, and September 30, 2024 (in thousands):
Weighted-Average Term Extension (in months)Weighted-Average Interest Rate Reduction
Three Months Ended September 30, 2025
Commercial and industrial361.75 %
Weighted-Average Term Extension (in months)Weighted-Average Interest Rate Reduction
Nine Months Ended September 30, 2025
Commercial and industrial361.83 %
Nine Months Ended September 30, 2024
Commercial mortgage603.00 %
Commercial and industrial7.23.00 %
There were no commitments to lend additional funds at September 30, 2025 to borrowers experiencing financial difficulty whose terms have been restructured.
For modified loans, a subsequent payment default is defined in terms of delinquency, when a principal or interest payment is 90 days past due or classified into non-accrual status during the reporting period. Of the loans modified during the preceding twelve months, there was one commercial and industrial loan with a balance of $12.5 million at September 30, 2024, that was risk rated substandard and had received multiple 90-day extensions from the second quarter of 2023 through July 1, 2024. During the third quarter of 2024, the loan experienced credit deterioration and was put on non-accrual status. The loan made a payment of $10.0 million during the fourth quarter of 2024. The remaining $2.5 million balance of this loan was current as of September 30, 2025, but remains on non-accrual status. During the preceding twelve months, two commercial and industrial loans with an aggregate balance of $335,000 at September 30, 2024, subsequently defaulted and were charged-off in full.
The Company closely monitors the performance of loans that are modified to borrowers experiencing financial difficulty to understand the effectiveness of the modification efforts. The following table presents the aging analysis of loan modifications made to borrowers experiencing financial difficulty during the nine months ended September 30, 2025 and 2024 (in thousands):
As of September 30, 2025
Current30-89 Days Past Due90 Days or More Past DueNon-AccrualTotal
Commercial Mortgage$1,731 $— $— $— $1,731 
Home equity and lines of credit— 197 — — $197 
Commercial and industrial205 — 2,851 2,689 5,745 
Total loans$1,936 $197 $2,851 $2,689 $7,673 
As of September 30, 2024
Current30-89 Days Past Due90 Days or More Past DueNon-AccrualTotal
Commercial mortgage$— $— $— $681 $681 
Commercial and industrial888 479 — 12,729 14,096 
Total loans$888 $479 $— $13,410 $14,777