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Loans (Tables)
 6 Months Ended
Jun. 30, 2020
Loans and Leases Receivable Disclosure [Abstract]  
Composition of Loans
The composition of the loans-held-for portfolio at the dates indicated, excluding loans held-for-sale, was as follows (in thousands):
 June 30,
2020		December 31,
2019
Real estate loans:  
One-to-four family$137,988  $149,393  
Home equity19,286  23,845  
Commercial and multifamily273,084  261,268  
Construction and land76,089  75,756  
Total real estate loans506,447  510,262  
Consumer loans:
Manufactured homes21,227  20,613  
Floating homes46,256  43,799  
Other consumer10,585  8,302  
Total consumer loans78,068  72,714  
Commercial business loans109,719  38,931  
Total loans held-for-portfolio694,234  621,907  
Deferred fees(3,531) (2,020) 
Total loans held-for-portfolio, gross690,703  619,887  
Allowance for loan losses(6,031) (5,640) 
Total loans held-for-portfolio, net$684,672  $614,247  
Allowance for Loan Losses and Recorded Investment in Loans by Portfolio Segment and Based on Impairment Method
The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of June 30, 2020 (in thousands):
 Allowance: Individually evaluated for impairmentAllowance: Collectively evaluated for impairmentAllowance:
Ending balance		Loans held for investment: Individually evaluated for impairmentLoans held for investment: Collectively evaluated for impairmentLoans held for investment:
Ending balance
 
One-to-four family$199  $950  $1,149  $5,994  $131,994  $137,988  
Home equity19  135  154  378  18,908  19,286  
Commercial and multifamily—  1,991  1,991  353  272,731  273,084  
Construction and land6  617  623  38  76,051  76,089  
Manufactured homes214  148  362  365  20,862  21,227  
Floating homes—  324  324  282  45,974  46,256  
Other consumer49  78  127  136  10,449  10,585  
Commercial business242  259  501  1,533  108,186  109,719  
Unallocated—  800  800  —  —  —  
$729  $5,302  $6,031  $9,079  $685,155  $694,234  
The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of December 31, 2019 (in thousands):
 Allowance: Individually evaluated for impairmentAllowance: Collectively evaluated for impairmentAllowance:
Ending balance		Loans held for investment: Individually evaluated for impairmentLoans held for investment: Collectively evaluated for impairmentLoans held for investment:
Ending balance
 
One-to-four family$205  $915  $1,120  $8,620  $140,773  $149,393  
Home equity25  153  178  335  23,510  23,845  
Commercial and multifamily—  1,696  1,696  353  260,915  261,268  
Construction and land7  485  492  1,215  74,541  75,756  
Manufactured homes349  131  480  440  20,173  20,613  
Floating homes—  283  283  290  43,509  43,799  
Other consumer54  58  112  143  8,159  8,302  
Commercial business84  247  331  997  37,934  38,931  
Unallocated—  948  948  —  —  —  
Total$724  $4,916  $5,640  $12,393  $609,514  $621,907  
The following tables summarize the activity in the allowance for loan losses for the three and six months ended June 30, 2020 (in thousands):
 Beginning
Allowance		Charge-offsRecoveriesProvision (Recapture)Ending
Allowance
One-to-four family$1,129  $—  $4  $16  $1,149  
Home equity166  —  37  (49) 154  
Commercial and multifamily1,918  —  —  73  1,991  
Construction and land499  —  —  124  623  
Manufactured homes482  —  —  (120) 362  
Floating homes318  —  —  6  324  
Other consumer121  (11) 8  9  127  
Commercial business395  (300) —  406  501  
Unallocated865  —  —  (65) 800  
Total$5,893  $(311) $49  $400  $6,031  
 Beginning
Allowance		Charge-offsRecoveriesProvision (Recapture)Ending
Allowance
One-to-four family$1,120  $—  $8  $21  $1,149  
Home equity178  —  39  (63) 154  
Commercial and multifamily1,696  —  —  295  1,991  
Construction and land492  —  —  131  623  
Manufactured homes480  —  —  (118) 362  
Floating homes283  —  —  41  324  
Other consumer112  (17) 11  21  127  
Commercial business331  (300) —  470  501  
Unallocated948  —  —  (148) 800  
Total$5,640  $(317) $58  $650  $6,031  

The following tables summarize the activity in the allowance for loan losses for the three and six months ended June 30, 2019 (in thousands):
 Beginning
Allowance		Charge-offsRecoveries(Recapture) ProvisionEnding
Allowance
One-to-four family$1,189  $—  $—  $(50) $1,139  
Home equity229  —  4  (68) 165  
Commercial and multifamily1,035  —  —  432  1,467  
Construction and land996  —  —  (532) 464  
Manufactured homes511  —  —  (48) 463  
Floating homes254  —  —  8  262  
Other consumer120  (12) —  12  120  
Commercial business424  —  1  84  509  
Unallocated819  —  —  (38) 781  
Total$5,577  $(12) $5  $(200) $5,370  
 
 Beginning
Allowance		Charge-offsRecoveriesProvision (Recapture)Ending
Allowance
One-to-four family$1,314  $—  $—  $(175) $1,139  
Home equity202  —  7  (44) 165  
Commercial and multifamily1,638  —  —  (171) 1,467  
Construction and land431  —  —  33  464  
Manufactured homes427  —  —  36  463  
Floating homes265  —  —  (3) 262  
Other consumer112  (32) 20  20  120  
Commercial business356  —  1  152  509  
Unallocated1,029  —  —  (248) 781  
Total$5,774  $(32) $28  $(400) $5,370  
Credit Quality Indicators
The following table presents the internally assigned grades as of June 30, 2020, by type of loan (in thousands):
 One-to-
four family		Home
equity		Commercial
and multifamily		Construction
and land		Manufactured
homes		Floating
homes		Other
consumer		Commercial
business		Total
Grade:         
Pass$118,686  $17,920  $231,980  $25,788  $19,966  $45,725  $10,542  $105,242  $575,849  
Watch14,470  735  31,262  42,989  1,030  —  —  1,159  91,645  
Special Mention—  —  4,950  7,263  —  —  —  519  12,732  
Substandard4,832  631  4,892  49  231  531  43  2,799  14,008  
Doubtful—  —  —  —  —  —  —  —  —  
Loss—  —  —  —  —  —  —  —  —  
Total$137,988  $19,286  $273,084  $76,089  $21,227  $46,256  $10,585  $109,719  $694,234  
The following table presents the internally assigned grades as of December 31, 2019, by type of loan (in thousands):
 One-to-
four family		Home
equity		Commercial
and multifamily		Construction
and land		Manufactured
homes		Floating
homes		Other
consumer		Commercial
business		Total
Grade:         
Pass$138,900  $23,206  $256,139  $68,268  $20,204  $43,509  $8,250  $35,347  $593,823  
Watch—  —  217  2,634  124  —  —  378  3,353  
Special Mention2,484  —  2,178  3,677  —  —  —  1,649  9,988  
Substandard8,009  639  2,734  1,177  285  290  52  1,557  14,743  
Doubtful—  —  —  —  —  —  —  —  —  
Loss—  —  —  —  —  —  —  —  —  
Total$149,393  $23,845  $261,268  $75,756  $20,613  $43,799  $8,302  $38,931  $621,907  
Nonaccrual Loans
The following table presents the recorded investment in nonaccrual loans as of June 30, 2020, and December 31, 2019, by type of loan (in thousands):
 June 30, 2020December 31, 2019
One-to-four family$1,670  $2,090  
Home equity222  261  
Commercial and multifamily352  353  
Construction and land—  1,177  
Manufactured homes117  226  
Floating homes282  290  
Commercial business837  260  
Total$3,480  $4,657  
Aging of Recorded Investment in Past Due Loans
The following table presents the aging of the recorded investment in past due loans as of June 30, 2020, by type of loan (in thousands):
 30-59 Days
Past Due		60-89 Days
Past Due		90 Days and Greater Past Due> 90 Days and AccruingTotal Past
Due		CurrentTotal Loans
One-to-four family$161  $44  $1,669  $—  $1,874  $136,114  $137,988  
Home equity170  2  222  —  394  18,892  19,286  
Commercial and multifamily—  —  353  —  353  272,731  273,084  
Construction and land—  —  —  —  —  76,089  76,089  
Manufactured homes85  54  117  —  256  20,971  21,227  
Floating homes—  249  282  —  531  45,725  46,256  
Other consumer2  1  —  —  3  10,582  10,585  
Commercial business—  675  162  —  837  108,882  109,719  
Total$418  $1,025  $2,805  $—  $4,248  $689,986  $694,234  

The following table presents the aging of the recorded investment in past due loans as of December 31, 2019, by type of loan (in thousands):
 30-59 Days
Past Due		60-89 Days
Past Due		90 Days and Greater Past Due> 90 Days and AccruingTotal Past
Due		CurrentTotal Loans
One-to-four family$789  $105  $1,810  $—  $2,704  $146,689  $149,393  
Home equity81  161  197  —  439  23,406  23,845  
Commercial and multifamily1,742  —  353  —  2,095  259,173  261,268  
Construction and land3,340  1,100  50  —  4,490  71,266  75,756  
Manufactured homes324  43  125  —  492  20,121  20,613  
Floating homes297  250  290  —  837  42,962  43,799  
Other consumer19  2  —  —  21  8,281  8,302  
Commercial business226  —  162  —  388  38,543  38,931  
Total$6,818  $1,661  $2,987  $—  $11,466  $610,441  $621,907  
Credit Risk Profile of Loan Portfolio Based on Payment Activity by Type of Loan
The following table presents the credit risk profile of our loan portfolio based on payment activity as of June 30, 2020, by type of loan (in thousands):
 One-to-four
family		Home
equity		Commercial
and
multifamily		Construction
and land		Manufactured
homes		Floating
homes		Other
consumer		Commercial
business		Total
Performing$136,318  $19,064  $272,732  $76,089  $21,110  $45,974  $10,585  $108,882  $690,754  
Nonperforming1,670  222  352  —  117  282  —  837  3,480  
Total$137,988  $19,286  $273,084  $76,089  $21,227  $46,256  $10,585  $109,719  $694,234  
The following table presents the credit risk profile of our loan portfolio based on payment activity as of December 31, 2019, by type of loan (in thousands):
 One-to-four
family		Home
equity		Commercial
and
multifamily		Construction
and land		Manufactured
homes		Floating
homes		Other
consumer		Commercial
business		Total
Performing$147,303  $23,584  $260,915  $74,579  $20,387  $43,509  $8,302  $38,671  $617,250  
Nonperforming2,090  261  353  1,177  226  290  —  260  4,657  
Total$149,393  $23,845  $261,268  $75,756  $20,613  $43,799  $8,302  $38,931  $621,907  
Impaired Loans, Individually Evaluated
Impaired loans at June 30, 2020 and December 31, 2019, by type of loan were as follows (in thousands):
 June 30, 2020
  Recorded Investment 
 Unpaid Principal
Balance		Without
Allowance		With
Allowance		Total
Recorded
Investment		Related
Allowance
One-to-four family$6,114  $4,463  $1,531  $5,994  $199  
Home equity378  233  145  378  19  
Commercial and multifamily353  353  —  353  —  
Construction and land38  —  38  38  6  
Manufactured homes371  103  262  365  214  
Floating homes282  282  —  282  —  
Other consumer136  —  136  136  49  
Commercial business1,834  714  819  1,533  242  
Total$9,506  $6,148  $2,931  $9,079  $729  
 December 31, 2019
  Recorded Investment 
 Unpaid Principal
Balance		Without
Allowance		With
Allowance		Total
Recorded
Investment		Related
Allowance
One-to-four family$8,748  $7,236  $1,384  $8,620  $205  
Home equity335  256  79  335  25  
Commercial and multifamily353  353  —  353  —  
Construction and land1,215  1,177  38  1,215  7  
Manufactured homes445  46  394  440  349  
Floating homes290  290  —  290  —  
Other consumer143  —  143  143  54  
Commercial business997  714  283  997  84  
Total$12,526  $10,072  $2,321  $12,393  $724  
The following tables present the average recorded investment and interest income recognized on impaired loans for the three and six months ended June 30, 2020 and 2019, respectively, by loan types (in thousands):
 Three Months Ended June 30, 2020Three Months Ended June 30, 2019
 Average
Recorded
Investment		Interest Income
Recognized		Average
Recorded
Investment		Interest Income
Recognized
One-to-four family$5,961  $74  $2,536  $61  
Home equity368  4  549  9  
Commercial and multifamily353  5  585  8  
Construction and land255  (13) 124  2  
Manufactured homes396  6  475  18  
Floating homes403  —  —  —  
Other consumer138  2  158  5  
Commercial business1,542  18  933  19  
Total$9,416  $96  $5,360  $122  

 Six Months Ended June 30, 2020Six Months Ended June 30, 2019
 Average
Recorded
Investment		Interest Income
Recognized		Average
Recorded
Investment		Interest Income
Recognized
One-to-four family$6,847  $147  $3,590  $99  
Home equity357  9  682  15  
Commercial and multifamily353  10  1,607  15  
Construction and land575  1  424  4  
Manufactured homes411  15  431  28  
Floating homes366  8  —  —  
Other consumer139  4  163  8  
Commercial business1,360  41  1,274  37  
Total$10,408  $235  $8,171  $206