Note 9 - Allowance for Credit Losses and Credit Quality Information (Tables)

9 Months Ended

Sep. 30, 2023

Notes Tables

Financing Receivable, Allowance for Credit Loss [Table Text Block]

(Dollars in thousands)	Single Family			Commercial Real Estate		Consumer			Commercial Business			Total
For the three months ended September 30, 2023:
Balance, June 30, 2023	$	1,243			7,865		582			1,827			11,517
Provision for losses		155			187		(1	)		103			444
Charge-offs		0			0		0			0			0
Recoveries		1			0		5			0			6
Balance, September 30, 2023	$	1,399			8,052		586			1,930			11,967
For the nine months ended September 30, 2023:
Balance, December 31, 2022	$	1,261			7,026		1,058			932			10,277
January 1, 2023 adoption of ASU 2016-13		(259	)		512		(485	)		1,302			1,070
Provision for losses		395			514		34			(331	)		612
Charge-offs		0			0		(27	)		0			(27	)
Recoveries		2			0		6			27			35
Balance, September 30, 2023	$	1,399			8,052		586			1,930			11,967
Allocated to:
Individual allowance	$	33			0		112			17			162
Collective allowance		1,228			7,026		946			915			10,115
Balance, December 31, 2022	$	1,261			7,026		1,058			932			10,277
Allocated to:
Individual allowance	$	29			0		112			23			164
Collective allowance		1,370			8,052		474			1,907			11,803
Balance, September 30, 2023	$	1,399			8,052		586			1,930			11,967
Loans receivable at December 31, 2022:
Individually reviewed for impairment	$	908			179		492			561			2,140
Collectively reviewed for impairment		204,982			471,166		44,325			65,274			785,747
Ending balance	$	205,890			471,345		44,817			65,835			787,887
Loans receivable at September 30, 2023:
Individually reviewed for impairment	$	638			177		458			62			1,335
Collectively reviewed for impairment		260,078			494,850		43,533			63,601			862,062
Ending balance	$	260,716			495,027		43,991			63,663			863,397

(Dollars in thousands)	Single Family		Commercial Real Estate			Consumer			Commercial Business			Total
For the three months ended September 30, 2022:
Balance, June 30, 2022,	$	1,068		6,586			1,047			943			9,644
Provision for losses		77		505			12			(15	)		579
Charge-offs		0		(90	)		(8	)		0			(98	)
Recoveries		1		0			5			10			16
Balance, September 30, 2022	$	1,146		7,001			1,056			938			10,141
For the nine months ended September 30, 2022:
Balance, December 31, 2021	$	974		6,388			981			936			9,279
Provision for losses		171		703			92			(25	)		941
Charge-offs		0		(90	)		(24	)		0			(114	)
Recoveries		1		0			7			27			35
Balance, September 30, 2022	$	1,146		7,001			1,056			938			10,141

Provision for Credit Losses [Table Text Block]

(Dollars in thousands)	Three Months Ended September 30, 2023			Nine Months Ended September 30, 2023
Provision for credit losses on:
Loans (1)	$	444			612
Unfunded commitments(1)		(126	)		(46	)
Total	$	318			566

(Dollars in thousands)	Three Months Ended September 30, 2022		Nine Months Ended September 30, 2022
Provision for credit losses on:
Loans (1)	$	579		941
Total	$	579		941

Financing Receivable Credit Quality Indicators [Table Text Block]

(Dollars in thousands)	2023		2022		2021		2020		2019		Prior		Revolving		Total
Single family
Unclassified	$	71,341		61,468		64,829		35,153		11,441		15,575		0		259,807
Special Mention		0		0		0		0		0		0		0		0
Substandard		79		193		0		80		185		332		0		869
Doubtful		0		0		0		0		25		15		0		40
Loss		0		0		0		0		0		0		0		0
		71,420		61,661		64,829		35,233		11,651		15,922		0		260,716
Commercial Real Estate
Unclassified		54,927		192,113		113,087		77,712		14,928		9,898		0		462,665
Special Mention		711		8,564		2,665		161		0		1,026		0		13,127
Substandard		2,965		658		292		13,109		639		1,572		0		19,235
Doubtful		0		0		0		0		0		0		0		0
Loss		0		0		0		0		0		0		0		0
		58,603		201,335		116,044		90,982		15,567		12,496		0		495,027
Consumer
Unclassified		8,613		8,522		1,864		2,175		2,631		5,171		14,525		43,501
Special Mention		34		0		0		0		0		0		0		34
Substandard		0		26		136		0		3		131		43		339
Doubtful		0		15		0		0		0		0		0		15
Loss		4		0		34		0		0		23		41		102
		8,651		8,563		2,034		2,175		2,634		5,325		14,609		43,991
Current period gross write offs		0		1		0		0		0		26		0		27
Commercial Business
Unclassified		12,209		9,065		4,093		3,633		250		781		28,548		58,579
Special Mention		0		572		0		0		0		0		54		626
Substandard		1,503		479		196		195		20		35		2,030		4,458
Doubtful		0		0		0		0		0		0		0		0
Loss		0		0		0		0		0		0		0		0
		13,712		10,116		4,289		3,828		270		816		30,632		63,663
Total Loans	$	152,386		281,675		187,196		132,218		30,122		34,559		45,241		863,397

Financing Receivable, Past Due [Table Text Block]

(Dollars in thousands)	30-59 Days Past Due		60-89 Days Past Due		90 Days or More Past Due		Total Past Due		Current Loans		Total Loans		Loans 90 Days or More Past Due and Still Accruing
September 30, 2023
Single family	$	1,116		199		210		1,525		259,191		260,716		0
Commercial real estate:
Real estate rental and leasing		71		0		0		71		270,567		270,638		0
Other		820		0		0		820		223,569		224,389		0
Consumer		327		22		63		412		43,579		43,991		0
Commercial business		0		937		0		937		62,726		63,663		0
Total	$	2,334		1,158		273		3,765		859,632		863,397		0
December 31, 2022
Single family	$	380		145		481		1,006		204,884		205,890		0
Commercial real estate:
Real estate rental and leasing		0		0		0		0		249,783		249,783		0
Other		578		0		0		578		220,984		221,562		0
Consumer		394		123		88		605		44,212		44,817		0
Commercial business		0		0		0		0		65,835		65,835		0
Total	$	1,352		268		569		2,189		785,698		787,887		0

Impaired Financing Receivables [Table Text Block]

	September 30, 2023
(Dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance
Loans with no related allowance recorded:
Single family	$	413		429		0
Commercial real estate:
Other		177		177		0
Consumer		323		323		0
Loans with an allowance recorded:
Single family		225		225		29
Consumer		135		135		112
Commercial business		62		62		23
Total:
Single family		638		654		29
Commercial real estate:
Other (1)		177		177		0
Consumer (2)		458		458		112
Commercial business (3)		62		62		23
Total	$	1,335		1,351		164

	December 31, 2022
(Dollars in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance
Loans with no related allowance recorded:
Single family	$	667		685		0
Commercial real estate:
Other		179		179		0
Consumer		338		338		0
Loans with an allowance recorded:
Single family		241		241		33
Consumer		154		154		112
Commercial business		561		561		17
Total:
Single family		908		926		33
Commercial real estate:
Other (1)		179		179		0
Consumer (2)		492		492		112
Commercial business (3)		561		561		17
Total	$	2,140		2,158		162

	For the Three Months Ended September 30, 2022				For the Nine Months Ended September 30, 2022
(Dollars in thousands)	Average Recorded Investment		Interest Income Recognized		Average Recorded Investment		Interest Income Recognized
Loans with no related allowance recorded:
Single family	$	584		1		454		8
Commercial real estate:
Other		180		5		183		7
Consumer		304		2		346		7
Loans with an allowance recorded:
Single family		65		0		75		0
Commercial real estate:
Other		1,643		0		2,555		0
Consumer		157		0		151		1
Commercial business		323		0		165		0
Total:
Single family		649		1		529		8
Commercial real estate:
Other		1,823		5		2,738		7
Consumer		461		2		497		8
Commercial business		323		0		165		0
Total	$	3,256		8		3,929		23

Financing Receivable, Nonaccrual [Table Text Block]

(Dollars in thousands)	September 30, 2023		December 31, 2022
Single family	$	638	$	908
Consumer		408		441
Commercial business		35		529
	$	1,081	$	1,878