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

6 Months Ended

Jun. 30, 2019

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

	June 30,			December 31,
	2019			2018
Real estate - residential mortgage:
One to four family units	$	124,842,472		$	132,410,810
Multi-family		88,455,671			90,548,265
Real estate - construction		100,361,625			88,553,995
Real estate - commercial		300,373,462			322,921,323
Commercial loans		113,987,142			119,369,484
Consumer and other loans		31,429,675			33,091,017
Total loans		759,450,047			786,894,894
Less:
Allowance for loan losses		(7,670,666	)		(7,995,569	)
Deferred loan fees/costs, net		(588,559	)		(600,719	)
Net loans	$	751,190,822		$	778,298,606

Financing Receivable, Past Due [Table Text Block]

As of June 30, 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	$	1,451	$	164	$	163	$	1,778	$	123,064	$	124,842	$	-
Multi-family		5,930		-		-		5,930		82,526		88,456		-
Real estate - construction		4,008		640		-		4,648		95,714		100,362		-
Real estate - commercial		1,231		304		547		2,082		298,291		300,373		-
Commercial loans		682		205		-		887		113,100		113,987		-
Consumer and other loans		13		106		50		169		31,261		31,430		-
Total	$	13,315	$	1,419	$	760	$	15,494	$	743,956	$	759,450	$	-

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]

	June 30,		December 31,
	2019		2018
Real estate - residential mortgage:
One to four family units	$	2,213,625	$	4,136,342
Multi-family		-		-
Real estate - construction		3,920,409		4,088,409
Real estate - commercial		3,818,270		3,592,476
Commercial loans		1,065,952		1,262,910
Consumer and other loans		57,249		1,542
Total	$	11,075,505	$	13,081,679

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

Three months ended June 30, 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	$	1,936	$	2,137	$	1,386		$	694		$	974		$	368		$	352		$	7,847
Provision charged to expense		212		31		(168	)		(21	)		262			76			(292	)	$	100
Losses charged off		-		-		(271	)		-			(41	)		(61	)		-		$	(373	)
Recoveries		21		20		1			-			41			14			-		$	97
Balance, end of period	$	2,169	$	2,188	$	948		$	673		$	1,236		$	397		$	60		$	7,671

Six months ended June 30, 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		(278	)		75		(81	)		32		301			117			(66	)	$	100
Losses charged off		-			-		(271	)		-		(275	)		(115	)		-		$	(661	)
Recoveries		141			20		3			-		50			22			-		$	236
Balance, end of period	$	2,169		$	2,188	$	948		$	673	$	1,236		$	397		$	60		$	7,671

Three months ended June 30, 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	$	2,223	$	1,876		$	1,113	$	487	$	958	$	291		$	155		$	7,103
Provision charged to expense		248		(90	)		123		66		122		126			(95	)	$	500
Losses charged off		-		-			-		-		-		(59	)		-		$	(59	)
Recoveries		13		1			1		-		5		9			-		$	29
Balance, end of period	$	2,484	$	1,787		$	1,237	$	553	$	1,085	$	367		$	60		$	7,573

Six months ended June 30, 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		208		(3	)		290		89		142			118			(119	)	$	725
Losses charged off		-		-			-		-		(96	)		(226	)		-		$	(322	)
Recoveries		32		1			1		-		8			21			-		$	63
Balance, end of period	$	2,484	$	1,787		$	1,237	$	553	$	1,085		$	367		$	60		$	7,573

June 30, 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	$	551	$	173	$	167	$	-	$	345	$	29	$	-	$	1,265
Ending balance: collectively evaluated for impairment	$	1,618	$	2,015	$	781	$	673	$	891	$	365	$	60	$	6,403
Ending balance: loans acquired with deteriorated credit quality	$	-	$	-	$	-	$	-	$	-	$	3	$	-	$	3
Loans:
Ending balance: individually evaluated for impairment	$	3,921	$	1,272	$	2,215	$	5,930	$	892	$	224	$	-	$	14,454
Ending balance: collectively evaluated for impairment	$	96,441	$	296,388	$	122,627	$	82,526	$	112,899	$	31,056	$	-	$	741,937
Ending balance: loans acquired with deteriorated credit quality	$	-	$	2,713	$	-	$	-	$	196	$	150	$	-	$	3,059

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]

	June 30, 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	$	1,016	$	1,016	$	-	$	2	$	2	$	-
Multi-family		5,930		5,930		-		5,952		5,952		-
Real estate - construction		-		-		-		-		-		-
Real estate - commercial		3,273		3,273		-		3,138		3,138		-
Commercial loans		136		136		-		216		216		-
Consumer and other loans		207		207		-		225		225		-
Loans with a specific valuation allowance
Real estate - residential mortgage:
One to four family units	$	1,197	$	1,197	$	167	$	4,518	$	4,518	$	573
Multi-family		-		-		-		-		-		-
Real estate - construction		3,921		5,154		551		4,088		5,321		552
Real estate - commercial		708		708		173		1,232		1,317		106
Commercial loans		951		951		345		1,062		1,062		363
Consumer and other loans		174		174		32		119		119		18
Total
Real estate - residential mortgage:
One to four family units	$	2,213	$	2,213	$	167	$	4,520	$	4,520	$	573
Multi-family		5,930		5,930		-		5,952		5,952		-
Real estate - construction		3,921		5,154		551		4,088		5,321		552
Real estate - commercial		3,981		3,981		173		4,370		4,455		106
Commercial loans		1,087		1,087		345		1,278		1,278		363
Consumer and other loans		381		381		32		344		344		18
Total	$	17,513	$	18,746	$	1,268	$	20,552	$	21,870	$	1,612

	For the Six Months Ended				For the Six Months Ended
	June 30, 2019				June 30, 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	$	1,111	$	1	$	1,961	$	-
Multi-family		5,934		-		509		-
Real estate - construction		-		-		2,287		-
Real estate - commercial		3,440		4		2,326		46
Commercial loans		223		-		916		-
Consumer and other loans		229		-		9		-
Loans with a specific valuation allowance
Real estate - residential mortgage:
One to four family units	$	2,352	$	-	$	2,353	$	-
Multi-family		-		-		-		-
Real estate - construction		3,876		-		2,055		-
Real estate - commercial		717		-		27		-
Commercial loans		659		-		403		-
Consumer and other loans		106		-		132		-
Total
Real estate - residential mortgage:
One to four family units	$	3,463	$	1	$	4,314	$	-
Multi-family		5,934		-		509		-
Real estate - construction		3,876		-		4,342		-
Real estate - commercial		4,157		4		2,353		46
Commercial loans		882		-		1,319		-
Consumer and other loans		335		-		141		-
Total	$	18,647	$	5	$	12,978	$	46

Financing Receivable, Troubled Debt Restructuring [Table Text Block]

	June 30, 2019		December 31, 2018
Real estate - residential mortgage:
One to four family units	$	1,182,685	$	1,208,596
Multi-family		-		-
Real estate - construction		3,920,410		4,088,409
Real estate - commercial		5,408,688		5,508,444
Commercial loans		640,468		504,481
Consumer and other loans		-		-
Total	$	11,152,251	$	11,309,930

Financing Receivable Credit Quality Indicators [Table Text Block]

June 30, 2019	Construction		Commercial Real Estate		One to four family		Multi-family		Commercial		Consumer and Other		Total
	(In Thousands)
Rating:
Pass	$	96,354	$	288,035	$	121,745	$	82,526	$	108,611	$	30,205	$	727,476
Special Mention		-		6,884		577		-		2,311		-		9,772
Substandard		4,008		5,454		2,520		5,930		3,065		1,225		22,202
Doubtful		-		-		-		-		-		-		-
Total	$	100,362	$	300,373	$	124,842	$	88,456	$	113,987	$	31,430	$	759,450

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