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LOANS RECEIVABLE, NET (Tables)
 3 Months Ended
Mar. 31, 2022
Receivables [Abstract]  
Summary of loans receivable
A summary of loans receivable, net at March 31, 2022 and December 31, 2021, is as follows:

 March 31, 2022 December 31, 2021
(In thousands)
Residential one-to-four family$579,083 $560,976 
Multifamily517,037 515,240 
Non-residential187,310 141,561 
Construction18,613 23,419 
Junior liens18,071 18,464 
Commercial and industrial (including PPP)16,201 21,563 
Consumer and other37 87 
Total gross loans1,336,352 1,281,310 
Deferred fees, costs and premiums and discounts, net5,134 6,299 
Total loans1,341,486 1,287,609 
Allowance for loan losses(13,465)(14,425)
Loans receivable, net$1,328,021 $1,273,184 
Summary of changes in allowance for loan losses by class of loans
The following tables presents the activity in the Company’s allowance for loan losses by class of loans based on the most recent analysis performed for the three months ended March 31, 2022, and 2021:

Residential
One-To-Four
Family		MultifamilyNon-ResidentialConstructionJunior LiensCommercial
and Industrial
(including PPP)		Consumer
and Other		UnallocatedTotal
(In thousands)
Three Months Ended March 31, 2022
Allowance for loan losses
Beginning balance$2,822 $5,263 $2,846 $2,678 $636 $51 $38 $91 $14,425 
Charge-offs— — — — — — (10)— (10)
Recoveries— — — — — — 2 — 2 
(Recovery of) provision for loan losses(212)(487)619 (773)(87)20 (30)(2)(952)
Total ending allowance balance$2,610 $4,776 $3,465 $1,905 $549 $71 $— $89 $13,465 
Three Months Ended March 31, 2021
Allowance for loan losses
Beginning balance$3,579 $5,460 $3,244 $3,655 $916 $2 $48 $55 $16,959 
Charge-offs— — — — — — (1)— (1)
Recoveries— — — — — — — — — 
(Recovery of) provision for loan losses(237)288 (99)(727)(103)5 (3)68 (808)
Total ending allowance balance$3,342 $5,748 $3,145 $2,928 $813 $7 $44 $123 $16,150 
The following table represents the allocation of allowance for loan losses and the related recorded investment (including deferred fees and costs) in loans by loan portfolio segment disaggregated based on the impairment methodology at March 31, 2022 and December 31, 2021:

Residential
One-To-Four
Family		MultifamilyNon-ResidentialConstructionJunior LiensCommercial
and Industrial
(including PPP)		Consumer
and Other		UnallocatedTotal
(In thousands)
March 31, 2022
Allowance for loan losses:
Individually evaluated
  for impairment		$28 $— $— $— $— $— $— $— $28 
Collectively evaluated
  for impairment		2,582 4,776 3,465 1,905 549 71 — 89 13,437 
Total$2,610 $4,776 $3,465 $1,905 $549 $71 $— $89 $13,465 
Loans receivable:
Individually evaluated
  for impairment		$8,768 $671 $4,510 $— $54 $— $— $— $14,003 
Collectively evaluated
  for impairment		574,756 517,521 182,659 18,439 18,123 15,948 37 — 1,327,483 
Total$583,524 $518,192 $187,169 $18,439 $18,177 $15,948 $37 $— $1,341,486 
December 31, 2021
Allowance for loan losses:
Individually evaluated
  for impairment		$31 $— $— $— $— $— $37 $— $68 
Collectively evaluated
  for impairment		2,791 5,263 2,846 2,678 636 51 1 91 14,357 
Total$2,822 $5,263 $2,846 $2,678 $636 $51 $38 $91 $14,425 
Loans receivable:
Individually evaluated
  for impairment		$10,169 $684 $4,577 $— $55 $— $37 $— $15,522 
Collectively evaluated
  for impairment		556,314 515,884 136,957 23,420 18,495 20,966 51 — 1,272,087 
Total$566,483 $516,568 $141,534 $23,420 $18,550 $20,966 $88 $— $1,287,609 
Summary of impaired loans by class of loans
The following table presents information related to impaired loans by class of loans as of March 31, 2022, March 31, 2021 and December 31, 2021:
Unpaid Principal BalanceRecorded InvestmentAllowance for Loan Losses AllocatedAverage Recorded InvestmentInterest
Income
Recognized		Cash Basis Interest Recognized
(In thousands)
March 31, 2022
With no related allowance
  recorded:
Residential one-to-four
  family		$7,426 $7,714 $— $8,769 $111 $111 
Multifamily672 671 — 678 6 4 
Non-residential4,672 4,510 — 4,548 54 49 
Construction— — — — — — 
Commercial and
  Industrial (including PPP)		— — — — — — 
Junior liens54 54 — 55 1 1 
12,824 12,949 — 14,050 172 165 
With an allowance recorded:
Residential one-to-four
  family		1,055 1,054 28 1,057 12 8 
Multifamily— — — — — — 
Non-residential— — — — — — 
Construction— — — — — — 
Commercial and
  Industrial (including PPP)		— — — — — — 
Consumer and other— — — — — — 
1,055 1,054 28 1,057 12 8 
Total$13,879 $14,003 $28 $15,107 $184 $173 
Unpaid Principal BalanceRecorded InvestmentAllowance for Loan Losses AllocatedAverage Recorded InvestmentInterest
Income
Recognized		Cash Basis Interest Recognized
(In thousands)
December 31, 2021
With no related allowance
  recorded:
Residential one-to-four
  family		$8,744 $9,108 $— $9,534 $75 $75 
Multifamily684 684 — 1,170 26 24 
Non-residential4,725 4,577 — 4,869 210 196 
Construction— — — — — — 
Commercial and
  Industrial (including PPP)		— — — — — — 
Junior liens55 55 — 57 3 3 
14,208 14,424 — 15,630 314 298 
With an allowance recorded:
Residential one-to-four
  family		1,062 1,061 31 1,243 50 46 
Multifamily— — — — — — 
Non-residential— — — — — — 
Construction— — — — — — 
Commercial and
  Industrial (including PPP)		— — — — — — 
Consumer and other37 37 37 41 2 2 
1,099 1,098 68 1,284 52 48 
Total$15,307 $15,522 $68 $16,914 $366 $346 
Summary of past due loans in non-accrual and past 90 days still on accrual
The following table presents the recorded investment in non-accrual loans and loans past due 90 days or more still on accrual as of March 31, 2022 and December 31, 2021:

NonaccrualLoans Past Due
90 Days and Still Accruing
March 31, 2022December 31, 2021March 31, 2022December 31, 2021
(In thousands)
Residential one-to-four family$9,478 $10,805 $— $— 
Multifamily135 139 — — 
Non-residential686 857 — — 
Construction— — — — 
Commercial and industrial (including PPP)2 — — 116 
Junior liens181 182 — — 
Total$10,482 $11,983 $— $116 
The following table presents the recorded investment in past due and current loans by loan portfolio class as of March 31, 2022 and December 31, 2021:


30-59
Days
Past Due		60-89
Days
Past Due		90 Days
and Greater
Past Due		Total
Past Due		CurrentTotal
Loans
Receivable
(In thousands)
March 31, 2022
Residential
  one-to-four family		$2,147 $278 $7,344 $9,769 $573,755 $583,524 
Multifamily— — 217 217 517,975 518,192 
Non-residential222 — — 222 186,947 187,169 
Construction— — — — 18,439 18,439 
Junior liens37 — 54 91 18,086 18,177 
Commercial and Industrial (including PPP)— — 2 2 15,946 15,948 
Consumer and other— — — — 37 37 
Total$2,406 $278 $7,617 $10,301 $1,331,185 $1,341,486 
December 31, 2021
Residential
  one-to-four family		$1,736 $457 $8,936 $11,129 $555,354 $566,483 
Multifamily— — — — 516,568 516,568 
Non-residential— — 381 381 141,153 141,534 
Construction— — — — 23,420 23,420 
Junior liens— 53 182 235 18,315 18,550 
Commercial and Industrial (including PPP)11 57 116 184 20,782 20,966 
Consumer and other— — — 88 88 
Total$1,747 $567 $9,615 $11,929 $1,275,680 $1,287,609 
Schedule of credit quality indicators
The following table presents the risk category of loans by class of loans based on the most recent analysis performed as of March 31, 2022 and December 31, 2021:

PassSpecial
Mention		SubstandardDoubtful /
Loss		Total
(In thousands)
March 31, 2022
Residential one-to-four family$573,394 $274 $9,856 $— $583,524 
Multifamily517,521 — 671 — 518,192 
Non-residential186,032 142 995 — 187,169 
Construction18,439 — — — 18,439 
Junior liens17,996 — 181 — 18,177 
Commercial and Industrial (including PPP)15,948 — — 15,948 
Consumer and other37 — — — 37 
Total$1,329,367 $416 $11,703 $— $1,341,486 
December 31, 2021
Residential one-to-four family$555,184 $— $11,299 $— $566,483 
Multifamily510,815 5,069 684 — 516,568 
Non-residential140,377 144 1,013 — 141,534 
Construction23,420 — — — 23,420 
Junior liens18,368 — 182 — 18,550 
Commercial and Industrial (including PPP)20,966 — — — 20,966 
Consumer and other88 — — — 88 
Total$1,269,218 $5,213 $13,178 $— $1,287,609