XML 64 R53.htm IDEA: XBRL DOCUMENT v3.21.2
Summary of Loans (Details) - USD ($)
$ in Thousands
Jun. 30, 2021
Dec. 31, 2020
Financing Receivable Recorded Investment Past Due [Line Items]    
Loans before net deferred loan origination cost and allowance for losses on loan $ 1,365,784 $ 1,172,053
Net deferred loan origination costs (6,331) 1,457
Allowance for loan losses (15,875) (14,870)
Loans receivable, net 1,343,578 1,158,640
1-4 Family Residential Investor Owned    
Financing Receivable Recorded Investment Past Due [Line Items]    
Loans before net deferred loan origination cost and allowance for losses on loan 325,409 319,596
1-4 Family Residential Owner-Occupied    
Financing Receivable Recorded Investment Past Due [Line Items]    
Loans before net deferred loan origination cost and allowance for losses on loan 98,839 98,795
Multifamily Residential    
Financing Receivable Recorded Investment Past Due [Line Items]    
Loans before net deferred loan origination cost and allowance for losses on loan 318,579 307,411
Nonresidential Properties    
Financing Receivable Recorded Investment Past Due [Line Items]    
Loans before net deferred loan origination cost and allowance for losses on loan 211,181 218,929
Construction and Land    
Financing Receivable Recorded Investment Past Due [Line Items]    
Loans before net deferred loan origination cost and allowance for losses on loan 125,265 105,858
Commercial Portfolio Segment    
Financing Receivable Recorded Investment Past Due [Line Items]    
Loans before net deferred loan origination cost and allowance for losses on loan [1] 253,935 94,947
Consumer Loans    
Financing Receivable Recorded Investment Past Due [Line Items]    
Loans before net deferred loan origination cost and allowance for losses on loan [2] $ 32,576 $ 26,517
[1]

As of June 30, 2021 and December 31, 2020, business loans include $241.5 million and $85.3 million, respectively, of U.S. Small Business Administration (“SBA”) Paycheck Protection Program (“PPP”) loans.

[2] As of June 30, 2021 and December 31, 2020, consumer loans include $32.0 million and $25.5 million, respectively, related to Grain Technologies, LLC (“Grain”). Grain is a mobile application geared to the underbanked and new generations entering the financial services market that uses non-traditional underwriting methodologies