Note 5 - Loans and Allowance for Loan Losses (Tables)

3 Months Ended

Mar. 31, 2019

Notes Tables

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

	March 31,			December 31,
	2019			2018
Real estate - residential mortgage:
One to four family units	$	127,332,191		$	132,410,810
Multi-family		92,045,496			90,548,265
Real estate - construction		89,605,230			88,553,995
Real estate - commercial		310,375,931			322,921,323
Commercial loans		118,295,271			119,369,484
Consumer and other loans		31,311,534			33,091,017
Total loans		768,965,653			786,894,894
Less:
Allowance for loan losses		(7,846,622	)		(7,995,569	)
Deferred loan fees/costs, net		(573,387	)		(600,719	)
Net loans	$	760,545,644		$	778,298,606

Financing Receivable, Past Due [Table Text Block]

As of March 31, 2019
	30-59 Days Past Due		60-89 Days Past Due		90 Days and more Past Due		Total Past Due		Current		Total Loans Receivable		Total Loans > 90 Days and Accruing
	(In Thousands)
Real estate - residential mortgage:
One to four family units	$	82	$	27	$	1,993	$	2,102	$	125,230	$	127,332	$	-
Multi-family		5,930		-		-		5,930		86,116		92,046		-
Real estate - construction		89		70		-		159		89,446		89,605		-
Real estate - commercial		852		419		547		1,818		308,558		310,376		-
Commercial loans		898		1		-		899		117,396		118,295		-
Consumer and other loans		47		71		-		118		31,194		31,312		-
Total	$	7,898	$	588	$	2,540	$	11,026	$	757,940	$	768,966	$	-

As of December 31, 2018
	30-59 Days Past Due		60-89 Days Past Due		90 Days and more Past Due		Total Past Due		Current		Total Loans Receivable		Total Loans > 90 Days and Accruing
	(In Thousands)
Real estate - residential mortgage:
One to four family units	$	177	$	329	$	2,164	$	2,670	$	129,741	$	132,411	$	-
Multi-family		5,952		-		-		5,952		84,596		90,548		-
Real estate - construction		-		-		-		-		88,554		88,554		-
Real estate - commercial		1,000		81		-		1,081		321,840		322,921		-
Commercial loans		228		433		71		732		118,638		119,370		-
Consumer and other loans		107		12		-		119		32,972		33,091		-
Total	$	7,464	$	855	$	2,235	$	10,554	$	776,341	$	786,895	$	-

Financing Receivable, Nonaccrual [Table Text Block]

	March 31,		December 31,
	2019		2018
Real estate - residential mortgage:
One to four family units	$	6,597,376	$	4,136,342
Multi-family		-		-
Real estate - construction		2,381,737		4,088,409
Real estate - commercial		2,559,091		3,592,476
Commercial loans		585,823		1,262,910
Consumer and other loans		216,549		1,542
Total	$	12,340,576	$	13,081,679

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

March 31, 2019	Construction			Commercial Real Estate		One to four family		Multi-family		Commercial			Consumer and Other			Unallocated		Total
	(In Thousands)
Allowance for loan losses:
Balance, beginning of period	$	2,306		$	2,093	$	1,297	$	641	$	1,160		$	373		$	126	$	7,996
Provision charged to expense		(490	)		43		85		53		39			44			226	$	-
Losses charged off		-			-		-		-		(234	)		(54	)		-	$	(288	)
Recoveries		120			1		4		-		9			5			-	$	139
Balance, end of period	$	1,936		$	2,137	$	1,386	$	694	$	974		$	368		$	352	$	7,847

March 31, 2018	Construction			Commercial Real Estate		One to four family		Multi-family		Commercial			Consumer and Other			Unallocated			Total
	(In Thousands)
Allowance for loan losses:
Balance, beginning of period	$	2,244		$	1,789	$	946	$	464	$	1,031		$	454		$	179		$	7,107
Provision charged to expense		(40	)		87		167		23		20			(8	)		(24	)	$	225
Losses charged off		-			-		-		-		(96	)		(168	)		-		$	(264	)
Recoveries		19			-		-		-		3			13			-		$	35
Balance, end of period	$	2,223		$	1,876	$	1,113	$	487	$	958		$	291		$	155		$	7,103

March 31, 2019	Construction		Commercial Real Estate		One to four family		Multi-family		Commercial		Consumer and Other		Unallocated		Total
	(In Thousands)
Allowance for loan losses:
Ending balance: individually evaluated for impairment	$	552	$	107	$	630	$	-	$	180	$	14	$	-	$	1,483
Ending balance: collectively evaluated for impairment	$	1,384	$	2,030	$	756	$	694	$	794	$	354	$	352	$	6,364
Ending balance: loans acquired with deteriorated credit quality	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Loans:
Ending balance: individually evaluated for impairment	$	4,005	$	1,271	$	4,121	$	5,930	$	529	$	143	$	-	$	15,999
Ending balance: collectively evaluated for impairment	$	85,600	$	309,105	$	123,211	$	86,116	$	117,766	$	31,169	$	-	$	752,967
Ending balance: loans acquired with deteriorated credit quality	$	-	$	2,735	$	-	$	-	$	201	$	162	$	-	$	3,098

As of December 31, 2018
	Construction		Commercial Real Estate		One to four family		Multi-family		Commercial		Consumer and Other		Unallocated		Total
	(In Thousands)
Allowance for loan losses:
Ending balance: individually evaluated for impairment	$	552	$	106	$	573	$	-	$	363	$	18	$	-	$	1,612
Ending balance: collectively evaluated for impairment	$	1,754	$	1,987	$	724	$	641	$	797	$	355	$	126	$	6,384
Ending balance: loans acquired with deteriorated credit quality	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Loans:
Ending balance: individually evaluated for impairment	$	4,088	$	1,588	$	4,520	$	5,952	$	1,062	$	169	$	-	$	17,379
Ending balance: collectively evaluated for impairment	$	84,507	$	317,488	$	128,258	$	84,663	$	118,459	$	32,968	$	-	$	766,343
Ending balance: loans acquired with deteriorated credit quality	$	-	$	2,782	$	-	$	-	$	216	$	175	$	-	$	3,173

Impaired Financing Receivables [Table Text Block]

	March 31, 2019						December 31, 2018
	Recorded Balance		Unpaid Principal Balance		Specific Allowance		Recorded Balance		Unpaid Principal Balance		Specific Allowance
	(In Thousands)
Loans without a specific valuation allowance
Real estate - residential mortgage:
One to four family units	$	1,382	$	1,382	$	-	$	2	$	2	$	-
Multi-family		5,930		5,930		-		5,952		5,952		-
Real estate - construction		-		-		-		-		-		-
Real estate - commercial		3,297		3,297		-		3,138		3,138		-
Commercial loans		216		216		-		216		216		-
Consumer and other loans		212		212		-		225		225		-
Loans with a specific valuation allowance
Real estate - residential mortgage:
One to four family units	$	2,740	$	2,740	$	630	$	4,518	$	4,518	$	573
Multi-family		-		-		-		-		-		-
Real estate - construction		4,004		5,237		552		4,088		5,321		552
Real estate - commercial		708		708		107		1,232		1,317		106
Commercial loans		515		515		180		1,062		1,062		363
Consumer and other loans		93		93		15		119		119		18
Total
Real estate - residential mortgage:
One to four family units	$	4,122	$	4,122	$	630	$	4,520	$	4,520	$	573
Multi-family		5,930		5,930		-		5,952		5,952		-
Real estate - construction		4,004		5,237		552		4,088		5,321		552
Real estate - commercial		4,005		4,005		107		4,370		4,455		106
Commercial loans		731		731		180		1,278		1,278		363
Consumer and other loans		305		305		15		344		344		18
Total	$	19,097	$	20,330	$	1,484	$	20,552	$	21,870	$	1,612

	For the Three Months Ended				For the Three Months Ended
	March 31, 2019				March 31, 2018
	Average Investment in Impaired Loans		Interest Income Recognized		Average Investment in Impaired Loans		Interest Income Recognized
	(In Thousands)
Loans without a specific valuation allowance
Real estate - residential mortgage:
One to four family units	$	1,079	$	1	$	2,688	$	-
Multi-family		5,938		-		765		5
Real estate - construction		-		-		2,775		-
Real estate - commercial		3,472		4		161		-
Commercial loans		232		-		349		-
Consumer and other loans		216		-		2		-
Loans with a specific valuation allowance
Real estate - residential mortgage:
One to four family units	$	3,011	$	-	$	1,607	$	-
Multi-family		-		-		-		-
Real estate - construction		3,805		-		1,612		-
Real estate - commercial		726		-		-		-
Commercial loans		667		-		323		-
Consumer and other loans		120		-		181		-
Total
Real estate - residential mortgage:
One to four family units	$	4,090	$	1	$	4,295	$	-
Multi-family		5,938		-		765		5
Real estate - construction		3,805		-		4,387		-
Real estate - commercial		4,198		4		161		-
Commercial loans		899		-		672		-
Consumer and other loans		336		-		183		-
Total	$	19,266	$	5	$	10,463	$	5

Financing Receivable, Troubled Debt Restructuring [Table Text Block]

	March 31, 2019		December 31, 2018
Real estate - residential mortgage:
One to four family units	$	1,195,262	$	1,208,596
Multi-family		-		-
Real estate - construction		4,004,409		4,088,409
Real estate - commercial		5,458,192		5,508,444
Commercial loans		472,627		504,481
Consumer and other loans		-		-
Total	$	11,130,490	$	11,309,930

Financing Receivable Credit Quality Indicators [Table Text Block]

March 31, 2019	Construction		Commercial Real Estate		One to four family		Multi-family		Commercial		Consumer and Other		Total
	(In Thousands)
Rating:
Pass	$	85,512	$	297,890	$	122,150	$	86,116	$	112,875	$	30,149	$	734,692
Special Mention		-		5,405		363		-		3,889		798		10,455
Substandard		4,093		7,081		4,819		5,930		1,531		365		23,819
Doubtful		-		-		-		-		-		-		-
Total	$	89,605	$	310,376	$	127,332	$	92,046	$	118,295	$	31,312	$	768,966

December 31, 2018	Construction		Commercial Real Estate		One to four family		Multi-family		Commercial		Consumer and Other		Total
	(In Thousands)
Rating:
Pass	$	84,375	$	310,486	$	126,586	$	84,596	$	114,525	$	32,686	$	753,254
Special Mention		-		5,524		372		-		3,031		-		8,927
Substandard		4,179		6,911		5,453		5,952		1,814		405		24,714
Doubtful		-		-		-		-		-		-		-
Total	$	88,554	$	322,921	$	132,411	$	90,548	$	119,370	$	33,091	$	786,895