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Loans Receivable (Tables)
 3 Months Ended
Mar. 31, 2021
Receivables [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable
Loans receivable are disclosed net of loans in process (“LIP”) and are summarized as follows at the dates indicated: 
 March 31, 2021December 31, 2020
 (In thousands)
One-to-four family residential:   
Permanent owner occupied$199,845 $206,323 
Permanent non-owner occupied179,401 175,637 
379,246 381,960 
 
Multifamily140,068 136,694 
 
Commercial real estate385,470 385,265 
 
Construction/land: 
One-to-four family residential27,817 33,396 
Multifamily 58,718 51,215 
Commercial5,837 5,783 
Land2,173 1,813 
 94,545 92,207 
Business78,294 80,663 
Consumer38,768 40,621 
Total loans1,116,391 1,117,410 
Less: 
Deferred loan fees, net2,057 1,654 
ALLL15,502 15,174 
Loans receivable, net$1,098,832 $1,100,582 
Financing Receivables, Summary of loans by type and risk category
 March 31, 2021
 One-to-Four
Family
Residential		MultifamilyCommercial
Real Estate		Construction/ 
Land		BusinessConsumerTotal
 (In thousands)
Risk Rating:       
Pass, grade 1-4$374,330 $135,685 $317,968 $92,294 $77,851 $38,731 $1,036,859 
Pass, grade 5 (watch)3,969 2,347 41,193 2,251 443 37 50,240 
   Special mention422 — 26,309 — — — 26,731 
   Substandard525 2,036 — — — — 2,561 
Total loans$379,246 $140,068 $385,470 $94,545 $78,294 $38,768 $1,116,391 
 December 31, 2020
 One-to-Four
Family
Residential		MultifamilyCommercial
Real Estate		Construction/
Land		BusinessConsumerTotal
 (In thousands)
Risk Rating:       
   Pass, grade 1-4$376,918 $132,243 $316,955 $89,957 $80,208 $40,477 $1,036,758 
Pass, grade 5 (watch)3,914 2,347 52,375 2,250 455 144 61,485 
   Special mention601 — 15,935 — — — 16,536 
   Substandard527 2,104 — — — — 2,631 
Total loans$381,960 $136,694 $385,265 $92,207 $80,663 $40,621 $1,117,410 
Schedule of Allowance for Loan and Lease Losses, Roll Forward
The following tables summarize changes in the ALLL and loan portfolio by loan type and impairment method at the dates and for the periods shown: 
 At or For the Three Months Ended March 31, 2021
 One-to-Four
Family
Residential		MultifamilyCommercial Real EstateConstruction/
Land		BusinessConsumerTotal
(In thousands)
ALLL:
Beginning balance$3,181 $1,366 $6,127 $2,189 $1,242 $1,069 $15,174 
   Recoveries28 — — — — — 28 
(Recapture) provision(158)(34)765 4 (216)(61)300 
Ending balance$3,051 $1,332 $6,892 $2,193 $1,026 $1,008 $15,502 
ALLL by category:
General reserve$3,046 $1,332 $6,892 $2,193 $1,026 $1,008 $15,497 
Specific reserve5 — — — — — 5 
Loans: 
Total loans$379,246 $140,068 $385,470 $94,545 $78,294 $38,768 $1,116,391 
Loans collectively evaluated for impairment376,722 138,032 368,911 94,545 78,294 38,768 1,095,272 
Loans individually evaluated for impairment2,524 2,036 16,559 — — — 21,119 
 At or For the Three Months Ended March 31, 2020
 One-to-Four
Family
Residential		MultifamilyCommercial Real EstateConstruction/
Land		BusinessConsumerTotal
(In thousands)
ALLL:
Beginning balance$3,034 $1,607 $4,559 $2,222 $1,140 $656 $13,218 
   Recoveries12 — — — — — 12 
   Provision (recapture)9 51 134 (79)(66)251 300 
Ending balance$3,055 $1,658 $4,693 $2,143 $1,074 $907 $13,530 
ALLL by category:
General reserve$3,026 $1,658 $4,693 $2,143 $1,074 $907 $13,501 
Specific reserve29 — — — — — 29 
Loans: 
Total loans$371,253 $169,468 $385,910 $107,401 $34,702 $37,225 $1,105,959 
Loans collectively evaluated for impairment367,395 167,364 384,653 91,751 34,702 37,225 1,083,090 
Loans individually evaluated for impairment3,858 2,104 1,257 15,650 — — 22,869 
Financing Receivables, Aging of loans The following tables represent a summary of the aging of loans by type at the dates indicated:
 Loans Past Due as of March 31, 2021  
 30-59 Days60-89 Days90 Days and
Greater		Total Past
Due		Current
Total (1)
 (In thousands)
Real estate:      
One-to-four family residential:     
Owner occupied$— $— $— $— $199,845 $199,845 
Non-owner occupied— — — — 179,401 179,401 
Multifamily— — 2,036 2,036 138,032 140,068 
Commercial real estate— — — — 385,470 385,470 
Construction/land— — — — 94,545 94,545 
Total real estate— — 2,036 2,036 997,293 999,329 
Business264 — — 264 78,030 78,294 
Consumer37 — — 37 38,731 38,768 
Total loans$301 $— $2,036 $2,337 $1,114,054 $1,116,391 
 ________________ 

(1) There were no loans 90 days and greater past due and still accruing interest at March 31, 2021.
 Loans Past Due as of December 31, 2020  
 30-59 Days60-89 Days90 Days and
Greater		Total Past
Due		Current
Total (1)
 (In thousands)
Real estate:      
One-to-four family residential:      
Owner occupied$77 $— $— $77 $206,246 $206,323 
Non-owner occupied159 — — 159 175,478 175,637 
Multifamily— — 2,104 2,104 134,590 136,694 
Commercial real estate— — — — 385,265 385,265 
Construction/land— — — — 92,207 92,207 
Total real estate236 — 2,104 2,340 993,786 996,126 
Business275 — — 275 80,388 80,663 
Consumer38 — — 38 40,583 40,621 
Total loans$549 $— $2,104 $2,653 $1,114,757 $1,117,410 
_________________ 

(1) There were no loans 90 days and greater past due and still accruing interest at December 31, 2020.
Schedule of non-accrual loans The following table is a summary of nonaccrual loans by loan type at the dates indicated:
 March 31, 2021December 31, 2020
 (In thousands)
Multifamily$2,036 $2,104 
Total nonaccrual loans$2,036 $2,104 
Financing Receivables, Summary of loans by type and payment activity
The following tables summarize the loan portfolio by type and payment status at the dates indicated:
 March 31, 2021
 One-to-Four
Family
Residential		MultifamilyCommercial
Real Estate		Construction/
Land		BusinessConsumerTotal
 (In thousands)
Performing (1)
$379,246 $138,032 $385,470 $94,545 $78,294 $38,768 $1,114,355 
Nonperforming— 2,036 — — — — 2,036 
Total loans$379,246 $140,068 $385,470 $94,545 $78,294 $38,768 $1,116,391 
_____________

(1) There were $199.8 million of owner-occupied one-to-four family residential loans and $179.4 million of non-owner occupied one-to-four family residential loans classified as performing.
 December 31, 2020
 One-to-Four
Family
Residential		MultifamilyCommercial
Real Estate		Construction/
Land		BusinessConsumerTotal
 (In thousands)
Performing (1)
$381,960 $134,590 $385,265 $92,207 $80,663 $40,621 $1,115,306 
Nonperforming (2)
— 2,104 — — — — 2,104 
Total loans$381,960 $136,694 $385,265 $92,207 $80,663 $40,621 $1,117,410 
_____________

(1) There were $206.3 million of owner-occupied one-to-four family residential loans and $175.6 million of non-owner occupied one-to-four family residential loans classified as performing.
Schedule of Impaired Financing Receivables
The following tables present a summary of loans individually evaluated for impairment by loan type at the dates indicated:
 March 31, 2021
Recorded Investment (1)
Unpaid Principal Balance (2)
Related Allowance
 (In thousands)
Loans with no related allowance:   
  One-to-four family residential:
      Owner occupied$271 $359 $— 
      Non-owner occupied936 936 — 
  Multifamily2,036 2,098 — 
   Commercial real estate16,559 16,559 — 
Total19,802 19,952 — 
Loans with an allowance:
  One-to-four family residential:
      Owner occupied500 547 4 
      Non-owner occupied817 817 1 
Total1,317 1,364 5 
Total impaired loans:
  One-to-four family residential:
      Owner occupied771 906 4 
      Non-owner occupied1,753 1,753 1 
   Multifamily2,036 2,098 — 
   Commercial real estate16,559 16,559 — 
Total$21,119 $21,316 $5 
_________________ 
(1) Represents the loan balance less charge-offs.
(2) Contractual loan principal balance.
 December 31, 2020
Recorded Investment (1)
Unpaid Principal Balance (2)
Related Allowance
 (In thousands)
Loans with no related allowance:   
  One-to-four family residential:   
      Owner occupied$274 $365 $— 
      Non-owner occupied1,031 1,031 — 
  Multifamily2,104 2,104 — 
   Commercial real estate16,669 16,669 — 
Total20,078 20,169 — 
Loans with an allowance:
  One-to-four family residential:
      Owner occupied502 549 6 
      Non-owner occupied820 820 2 
Total1,322 1,369 8 
Total impaired loans:
  One-to-four family residential:
      Owner occupied776 914 6 
      Non-owner occupied1,851 1,851 2 
   Multifamily2,104 2,104 — 
   Commercial real estate16,669 16,669 — 
Total$21,400 $21,538 $8 
_________________ 

(1) Represents the loan balance less charge-offs.
(2) Contractual loan principal balance.
Schedule of Impaired Financing Receivables, Average Recorded Investment and Interest Income The following table presents the average recorded investment in loans individually evaluated for impairment and the interest income recognized for the three months ended March 31, 2021 and 2020:
Three Months Ended March 31, 2021Three Months Ended March 31, 2020
Average Recorded InvestmentInterest Income RecognizedAverage Recorded InvestmentInterest Income Recognized
(In thousands)
Loans with no related allowance:
   One-to-four family residential:
      Owner occupied$273 $5 $433 $9 
      Non-owner occupied984 16 1,388 21 
Multifamily2,070 46 2,105 46 
Commercial real estate16,614 161 1,262 22 
Construction/land— — 14,087 150 
Total19,941 228 19,275 248 
Loans with an allowance:
   One-to-four family residential:
      Owner occupied501 8 504 9 
      Non-owner occupied819 13 1,642 23 
Total1,320 21 2,146 32 
Total impaired loans:
   One-to-four family residential:
      Owner occupied774 13 937 18 
      Non-owner occupied1,803 29 3,030 44 
Multifamily2,070 46 2,105 46 
Commercial real estate16,614 161 1,262 22 
Construction/land— — 14,087 150 
Total$21,261 $249 $21,421 $280 
Troubled Debt Restructurings on Financing Receivables There were no TDR modifications for the three months ended March 31, 2020.
Three Months Ended March 31, 2021
Number of LoansPre-Modification Outstanding Recorded InvestmentPost-Modification Outstanding Recorded Investment
(Dollars in thousands)
Commercial real estate
Advancement of maturity date1 $1,241 $1,241 
Total$1 $1,241 $1,241