Note 3 - Loans Receivable (Tables)

9 Months Ended

Sep. 30, 2024

Notes Tables

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

	September 30, 2024			December 31, 2023
	(In thousands)
Real Estate:
One-to-four family	$	395,792		$	378,432
Multi-family		353,813			333,094
Commercial real estate		376,008			387,983
Construction and land		95,709			129,691
Total real estate loans		1,221,322			1,229,200
Consumer:
Home equity		76,960			69,403
Auto and other consumer		281,198			249,130
Total consumer loans		358,158			318,533
Commercial business loans		155,327			112,295
Total loans receivable		1,734,807			1,660,028
Less:
Derivative basis adjustment		(1,579	)		—
Allowance for credit losses on loans		21,970			17,510
Total loans receivable, net	$	1,714,416		$	1,642,518

Financing Receivable, Nonaccrual [Table Text Block]

	September 30, 2024						December 31, 2023
	Nonaccrual Loans with ACLL		Nonaccrual Loans with No ACLL		Total Nonaccrual Loans		Nonaccrual Loans with ACLL		Nonaccrual Loans with No ACLL		Total Nonaccrual Loans
	(In thousands)
One-to-four family	$	312	$	1,319	$	1,631	$	418	$	1,426	$	1,844
Multi-family		—		—		—		—		—		—
Commercial real estate		10		5,624		5,634		28		—		28
Construction and land		16		19,366		19,382		6		14,980		14,986
Home equity		87		29		116		92		31		123
Auto and other consumer		31		863		894		38		748		786
Commercial business		2,100		619		2,719		165		712		877
Total nonaccrual loans	$	2,556	$	27,820	$	30,376	$	747	$	17,897	$	18,644

Financing Receivable, Past Due [Table Text Block]

	30-59 Days		60-89 Days		90 Days or More		Total
September 30, 2024		Past Due		Past Due		Past Due		Past Due		Current		Total Loans
	(In thousands)
Real Estate:
One-to-four family	$	—	$	360	$	1,003	$	1,363	$	394,429	$	395,792
Multi-family		—		—		—		—		353,813		353,813
Commercial real estate		—		—		5,624		5,624		370,384		376,008
Construction and land		—		8,172		11,198		19,370		76,339		95,709
Total real estate loans		—		8,532		17,825		26,357		1,194,965		1,221,322
Consumer:
Home equity		53		29		—		82		76,878		76,960
Auto and other consumer		2,378		430		894		3,702		277,496		281,198
Total consumer loans		2,431		459		894		3,784		354,374		358,158
Commercial business loans		1,350		646		605		2,601		152,726		155,327
Total loans	$	3,781	$	9,637	$	19,324	$	32,742	$	1,702,065	$	1,734,807

	30-59 Days		60-89 Days		90 Days or More		Total
December 31, 2023		Past Due		Past Due		Past Due		Past Due		Current		Total Loans
	(In thousands)
Real Estate:
One-to-four family	$	802	$	—	$	1,010	$	1,812	$	376,620	$	378,432
Multi-family		—		—		—		—		333,094		333,094
Commercial real estate		—		8,526		—		8,526		379,457		387,983
Construction and land		14		—		—		14		129,677		129,691
Total real estate loans		816		8,526		1,010		10,352		1,218,848		1,229,200
Consumer:
Home equity		59		—		—		59		69,344		69,403
Auto and other consumer		1,854		601		791		3,246		245,884		249,130
Total consumer loans		1,913		601		791		3,305		315,228		318,533
Commercial business loans		1,117		757		—		1,874		110,421		112,295
Total loans	$	3,846	$	9,884	$	1,801	$	15,531	$	1,644,497	$	1,660,028

Financing Receivable Credit Quality Indicators [Table Text Block]

	Term Loans by Year of Origination or Most Recent Renewal or Extension (1)												Revolving		Total
	2024		2023		2022		2021		2020		Prior		Loans		Loans
	(In thousands)
One-to-four family
Pass (Grades 1-3)	$	725	$	10,300	$	125,483	$	117,096	$	65,822	$	69,553	$	—	$	388,979
Watch (Grade 4)		—		—		570		1,314		1,011		2,170		—		5,065
Special Mention (Grade 5)		—		—		—		—		—		79		—		79
Substandard (Grade 6)		—		—		—		—		845		824		—		1,669
Total one-to-four family		725		10,300		126,053		118,410		67,678		72,626		—		395,792
Gross charge-offs year-to-date		—		—		—		—		—		—		—		—
Multi-family
Pass (Grades 1-3)		7,185		37,138		107,903		94,588		50,179		11,417		—		308,410
Watch (Grade 4)		8,787		14,869		1,772		16,208		2,787		980		—		45,403
Total multi-family		15,972		52,007		109,675		110,796		52,966		12,397		—		353,813
Gross charge-offs year-to-date		—		—		—		—		—		—		—		—
Commercial Real Estate
Pass (Grades 1-3)		13,843		52,041		72,061		98,202		68,103		31,619		—		335,869
Watch (Grade 4)		556		3,801		10,430		—		8,522		772		—		24,081
Special Mention (Grade 5)		—		—		—		—		1,265		2,720		—		3,985
Substandard (Grade 6)		—		—		10		12,063		—		—		—		12,073
Total commercial real estate		14,399		55,842		82,501		110,265		77,890		35,111		—		376,008
Gross charge-offs year-to-date		—		—		—		—		—		—		—		—
Construction and Land
Pass (Grades 1-3)		21,753		15,971		20,158		11,394		512		559		—		70,347
Watch (Grade 4)		192		5,541		—		224		—		25		—		5,982
Substandard (Grade 6)		8,177		11,187		—		—		—		16		—		19,380
Total construction and land		30,122		32,699		20,158		11,618		512		600		—		95,709
Gross charge-offs year-to-date		—		3,978		—		—		—		—		—		3,978
Home Equity
Pass (Grades 1-3)		4,554		6,169		6,564		4,282		2,695		4,834		47,262		76,360
Watch (Grade 4)		—		—		—		—		36		27		411		474
Substandard (Grade 6)		—		—		—		29		55		11		31		126
Total home equity		4,554		6,169		6,564		4,311		2,786		4,872		47,704		76,960
Gross charge-offs year-to-date		—		—		—		—		—		—		—		—
Auto and Other Consumer
Pass (Grades 1-3)		57,620		49,772		69,604		38,192		13,372		48,000		515		277,075
Watch (Grade 4)		1,032		524		572		59		386		225		1		2,799
Special Mention (Grade 5)		206		70		—		148		6		—		—		430
Substandard (Grade 6)		31		111		224		241		134		153		—		894
Total auto and other consumer		58,889		50,477		70,400		38,640		13,898		48,378		516		281,198
Gross charge-offs year-to-date		—		406		1,319		92		17		234		62		2,130
Commercial business
Pass (Grades 1-3)		22,827		21,000		9,059		4,047		1,714		42,683		35,786		137,116
Watch (Grade 4)		—		144		1,086		90		—		—		974		2,294
Special Mention (Grade 5)		—		—		1,534		1,595		—		—		—		3,129
Substandard (Grade 6)		1,619		263		5,649		2,145		614		—		2,495		12,785
Loss (Grade 8)		—		—		—		—		—		—		3		3
Total commercial business		24,446		21,407		17,328		7,877		2,328		42,683		39,258		155,327
Gross charge-offs year-to-date		—		—		813		1,748		139		—		—		2,700
Total loans
Pass (Grades 1-3)		128,507		192,391		410,832		367,801		202,397		208,665		83,563		1,594,156
Watch (Grade 4)		10,567		24,879		14,430		17,895		12,742		4,199		1,386		86,098
Special Mention (Grade 5)		206		70		1,534		1,743		1,271		2,799		—		7,623
Substandard (Grade 6)		9,827		11,561		5,883		14,478		1,648		1,004		2,526		46,927
Loss (Grade 8)		—		—		—		—		—		—		3		3
Total loans	$	149,107	$	228,901	$	432,679	$	401,917	$	218,058	$	216,667	$	87,478	$	1,734,807
Total gross charge-offs year-to-date	$	—	$	4,384	$	2,132	$	1,840	$	156	$	234	$	62	$	8,808

	Term Loans by Year of Origination or Most Recent Renewal or Extension (1)													Revolving		Total
	2023		2022		2021		2020		2019		Prior			Loans		Loans
	(In thousands)
One-to-four family
Pass (Grades 1-3)	$	2,282	$	102,389	$	118,028	$	69,229	$	13,882	$	65,701		$	—	$	371,511
Watch (Grade 4)		—		275		1,338		1,569		—		1,295			—		4,477
Special Mention (Grade 5)		—		—		—		300		—		80			—		380
Substandard (Grade 6)		—		—		—		327		482		1,255			—		2,064
Total one-to-four family		2,282		102,664		119,366		71,425		14,364		68,331			—		378,432
Gross charge-offs for the year		—		—		—		—		—		—			—		—
Multi-family
Pass (Grades 1-3)		52,208		105,902		88,293		57,588		6,922		5,356			—		316,269
Watch (Grade 4)		—		—		15,126		708		—		991			—		16,825
Total multi-family		52,208		105,902		103,419		58,296		6,922		6,347			—		333,094
Gross charge-offs for the year		—		—		—		—		—		—			—		—
Commercial Real Estate
Pass (Grades 1-3)		52,823		87,712		99,058		76,664		13,096		22,425			—		351,778
Watch (Grade 4)		4,433		1,168		1,340		8,829		3,561		496			—		19,827
Special Mention (Grade 5)		—		—		6,528		—		—		2			—		6,530
Substandard (Grade 6)		—		28		8,526		1,294		—		—			—		9,848
Total commercial real estate		57,256		88,908		115,452		86,787		16,657		22,923			—		387,983
Gross charge-offs for the year		—		—		—		—		—		—			—		—
Construction and Land
Pass (Grades 1-3)		20,772		49,508		23,988		727		344		464			—		95,803
Watch (Grade 4)		6,512		4,935		229		—		—		15			—		11,691
Special Mention (Grade 5)		7,196		—		—		—		—		14			—		7,210
Substandard (Grade 6)		14,981		—		—		—		—		6			—		14,987
Total construction and land		49,461		54,443		24,217		727		344		499			—		129,691
Gross charge-offs for the year		—		—		—		—		—		—			—		—
Home Equity
Pass (Grades 1-3)		7,179		7,169		4,638		3,063		1,331		4,283			41,105		68,768
Watch (Grade 4)		—		—		—		—		—		155			345		500
Substandard (Grade 6)		—		—		30		59		—		13			33		135
Total home equity		7,179		7,169		4,668		3,122		1,331		4,451			41,483		69,403
Gross charge-offs for the year		—		—		—		—		—		10			—		10
Auto and Other Consumer
Pass (Grades 1-3)		49,649		69,052		64,101		29,113		14,660		18,593			385		245,553
Watch (Grade 4)		270		919		579		204		138		59			4		2,173
Special Mention (Grade 5)		90		334		33		162		—		—			—		619
Substandard (Grade 6)		84		393		—		—		30		278			—		785
Total auto and other consumer		50,093		70,698		64,713		29,479		14,828		18,930			389		249,130
Gross charge-offs for the year		—		3,018		15		52		11		112			104		3,312
Commercial business
Pass (Grades 1-3)		23,499		19,191		11,032		2,440		455		13,635			29,976		100,228
Watch (Grade 4)		340		62		275		270		—		(1	)		3,806		4,752
Substandard (Grade 6)		291		3,653		104		779		—		(1	)		2,489		7,315
Total commercial business		24,130		22,906		11,411		3,489		455		13,633			36,271		112,295
Gross charge-offs for the year		—		—		—		—		—		—			—		—
Total loans
Pass (Grades 1-3)		208,412		440,923		409,138		238,824		50,690		130,457			71,466		1,549,910
Watch (Grade 4)		11,555		7,359		18,887		11,580		3,699		3,010			4,155		60,245
Special Mention (Grade 5)		7,286		334		6,561		462		—		96			—		14,739
Substandard (Grade 6)		15,356		4,074		8,660		2,459		512		1,551			2,522		35,134
Total loans	$	242,609	$	452,690	$	443,246	$	253,325	$	54,901	$	135,114		$	78,143	$	1,660,028
Total Gross charge-offs for the year	$	—	$	3,018	$	15	$	52	$	11	$	122		$	104	$	3,322

Collateral Dependent Loans [Table Text Block]

	Collateral Type
September 30, 2024		Single Family Residence		Warehouse		Condominium		Automobile		Business Assets		Total
	(In thousands)
One-to-four family	$	1,319	$	—	$	—	$	—	$	—	$	1,319
Commercial real estate		—		5,624		—		—		—		5,624
Construction and land		8,178		—		11,187		—		—		19,365
Home equity		29		—		—		—		—		29
Auto and other consumer		—		—		—		241		—		241
Commercial business		—		—		—		—		603		603
Total collateral dependent loans	$	9,526	$	5,624	$	11,187	$	241	$	603	$	27,181

	Collateral Type
December 31, 2023		Single Family Residence		Condominium		Automobile		Business Assets		Total
	(In thousands)
One-to-four family	$	1,426	$	—	$	—	$	—	$	1,426
Construction and land		—		14,981		—		—		14,981
Home equity		30		—		—		—		30
Auto and other consumer		—		—		180		—		180
Commercial business		—		119		—		652		771
Total collateral dependent loans	$	1,456	$	15,100	$	180	$	652	$	17,388