Allowance for Loan Loss (Tables)

3 Months Ended

Mar. 31, 2022

Allowance for Loan Loss

Changes in the allowance for loan losses

	Three Months Ended March 31, 2022
	One- to four-		Construction
	family		residential		Real estate				Construction		Commercial
(In thousands)	residential		mortgage		nonresidential		Multi-family		commercial		business
Allowance for loan losses:
Beginning balance	$	688	$	—	$	630	$	2	$	—	$	161
Charge-offs		(10)		—		—		—		—		—
Recoveries		15		—		—		—		—		—
Provision for loan losses		46		—		14		1		—		48
Ending balance	$	739	$	—	$	644	$	3	$	—	$	209
Ending balance:  related to loans individually evaluated for impairment	$	—	$	—	$	—	$	—	$	—	$	12
Ending balance:  related to loans collectively evaluated for impairment	$	739	$	—	$	644	$	3	$	—	$	197
Loans receivable:
Ending balance	$	111,291	$	—	$	20,857	$	452	$	—	$	12,298
Ending balance: individually evaluated for impairment	$	2,158	$	—	$	416	$	—	$	—	$	128
Ending balance: collectively evaluated for impairment	$	109,133	$	—	$	20,441	$	452	$	—	$	12,170

	Three Months Ended March 31, 2022 (cont'd)
	Home equity		Manufactured						Recreational		Other
(In thousands)	and junior liens		homes		Automobile		Student		vehicle		consumer		Unallocated		Total
Allowance for loan losses:
Beginning balance	$	39	$	102	$	107	$	64	$	—	$	48	$	—	$	1,841
Charge-offs		—		—		(40)		—		—		—		—		(50)
Recoveries		—		—		17		1		—		—		—		33
Provision (credit) for loan losses		4		14		23		(1)		—		1		—		150
Ending balance	$	43	$	116	$	107	$	64	$	—	$	49	$	—	$	1,974
Ending balance: related to loans individually evaluated for impairment	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	12
Ending balance: related to loans collectively evaluated for impairment	$	43	$	116	$	107	$	64	$	—	$	49	$	—	$	1,962
Loans receivable:
Ending balance	$	10,433	$	48,116	$	22,025	$	2,102	$	28,692	$	5,309	$	—	$	261,575
Ending balance: individually evaluated for impairment	$	112	$	—	$	—	$	—	$	—	$	—	$	—	$	2,814
Ending balance: collectively evaluated for impairment	$	10,321	$	48,116	$	22,025	$	2,102	$	28,692	$	5,309	$	—	$	258,761

	Three Months Ended March 31, 2021
	One- to four-		Construction
	family		residential		Real estate				Construction		Commercial
(In thousands)	residential		mortgage		nonresidential		Multi-family		commercial		business
Allowance for loan losses:
Beginning balance	$	457	$	—	$	319	$	26	$	—	$	617
Charge-offs		(3)		—		(51)		—		—		(17)
Recoveries		1		—		—		6		—		7
Provision (credit) for loan losses		85		—		120		(21)		—		(77)
Ending balance	$	540	$	—	$	388	$	11	$	—	$	530
Ending balance:  related to loans individually evaluated for impairment	$	18	$	—	$	66	$	—	$	—	$	210
Ending balance:  related to loans collectively evaluated for impairment	$	522	$	—	$	322	$	11	$	—	$	320
Loans receivable:
Ending balance	$	122,533	$	—	$	24,405	$	2,331	$	—	$	19,576
Ending balance: individually evaluated for impairment	$	2,551	$	—	$	2,788	$	—	$	—	$	2,177
Ending balance: collectively evaluated for impairment	$	119,982	$	—	$	21,617	$	2,331	$	—	$	17,399

	Three Months Ended March 31, 2021 (cont'd)
	Home equity		Manufactured						Recreational		Other
(In thousands)	and junior liens		homes		Automobile		Student		vehicle		consumer		Unallocated		Total
Allowance for loan losses:
Beginning balance	$	46	$	76	$	127	$	69	$	—	$	84	$	—	$	1,821
Charge-offs		(2)		—		(2)		—		—		(33)		—		(108)
Recoveries		—		—		10		1		7		1		—		33
Provision (credit) for loan losses		4		5		2		1		(7)		23		—		135
Ending balance	$	48	$	81	$	137	$	71	$	—	$	75	$	—	$	1,881
Ending balance: related to loans individually evaluated for impairment	$	—	$	—	$	—	$	—	$	—	$	2	$	—	$	296
Ending balance: related to loans collectively evaluated for impairment	$	48	$	81	$	137	$	71	$	—	$	73	$	—	$	1,585
Loans receivable:
Ending balance	$	10,365	$	46,608	$	22,421	$	2,304	$	17,043	$	4,408	$	—	$	271,994
Ending balance: individually evaluated for impairment	$	103	$	—	$	—	$	—	$	—	$	5	$	—	$	7,624
Ending balance: collectively evaluated for impairment	$	10,262	$	46,608	$	22,421	$	2,304	$	17,043	$	4,403	$	—	$	264,370

	Year Ended December 31, 2021
	One- to four-		Construction
	family		residential		Real estate				Construction		Commercial
(In thousands)	residential		mortgage		nonresidential		Multi-family		commercial		business
Allowance for loan losses:
Beginning balance	$	457	$	—	$	319	$	26	$	—	$	617
Charge-offs		(117)		—		(386)		—		—		(84)
Recoveries		28		—		16		12		—		7
Provision (credit) for loan losses		320		—		681		(36)		—		(379)
Ending balance	$	688	$	—	$	630	$	2	$	—	$	161
Ending balance: related to loans individually evaluated for impairment	$	7	$	—	$	—	$	—	$	—	$	12
Ending balance: related to loans collectively evaluated for impairment	$	681	$	—	$	630	$	2	$	—	$	149
Loans receivable:
Ending balance	$	113,061	$	—	$	21,478	$	456	$	—	$	12,528
Ending balance: individually evaluated for impairment	$	2,576	$	—	$	416	$	—	$	—	$	128
Ending balance: collectively evaluated for impairment	$	110,485	$	—	$	21,062	$	456	$	—	$	12,400

	Year Ended December 31, 2021 (cont'd)
	Home equity		Manufactured						Recreational		Other
(In thousands)	and junior liens		homes		Automobile		Student		vehicle		consumer		Unallocated		Total
Allowance for loan losses:
Beginning balance	$	46	$	76	$	127	$	69	$	—	$	84	$	—	$	1,821
Charge-offs		(2)		—		(12)		—		(1)		(45)		—		(647)
Recoveries		—		—		48		3		8		5		—		127
Provision (credit) for loan losses		(5)		26		(56)		(8)		(7)		4		—		540
Ending balance	$	39	$	102	$	107	$	64	$	—	$	48	$	—	$	1,841
Ending balance: related to loans individually evaluated for impairment	$	—	$	—	$	—	$	—	$	—	$	—	$	—	$	19
Ending balance: related to loans collectively evaluated for impairment	$	39	$	102	$	107	$	64	$	—	$	48	$	—	$	1,822
Loans receivable:
Ending balance	$	9,701	$	47,717	$	22,666	$	2,096	$	29,463	$	5,492	$	—	$	264,658
Ending balance: individually evaluated for impairment	$	67	$	—	$	—	$	—	$	—	$	—	$	—	$	3,187
Ending balance: collectively evaluated for impairment	$	9,634	$	47,717	$	22,666	$	2,096	$	29,463	$	5,492	$	—	$	261,471