Financial Transactions with Off-Balance-Sheet risk and Concentrations of Credit risk (Tables)

12 Months Ended

Dec. 31, 2022

Commitments and Contingencies Disclosure [Abstract]

Schedules of Concentration of Risk, by Risk Factor

At December 31, 2022 and 2021, the following commitments existed which are not reflected in the Consolidated Statements of Financial Condition:

	December 31,
	2022		2021
	(In thousands)
Loan commitments:
Residential real estate	$	55,852	$	115,998
Multifamily real estate	50,175		19,770
Commercial real estate	17,621		54,178
Commercial business	24,846		27,773
Construction	100,430		58,069
Consumer including home equity loans and advances	5,477		9,154
Total loan commitments	$	254,401	$	284,942

Schedule of Fair Value, off-Balance-Sheet Risks

The following table presents the activity in the allowance for credit losses on off-balance-sheet exposures for year ended December 31, 2022:

	Year Ended
	December 31, 2022
	(In thousands)
Allowance for Credit Losses:
Balance at January 1, 2022	$	524
Impact of adopting ASU 2016-13 ("CECL") effective January 1, 2022	7,674
(Reversal of) provision for credit losses	(1,228)
Balance at December 31, 2022	$	6,970