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Loans (Tables)
 9 Months Ended
Sep. 30, 2021
Receivables [Abstract]  
Schedule of Composition of Loans
The composition of the loans-held-for portfolio at the dates indicated, excluding loans held-for-sale, was as follows (in thousands):
 September 30,
2021		December 31,
2020
Real estate loans:  
One-to-four family$194,346 $130,657 
Home equity14,012 16,265 
Commercial and multifamily246,794 265,774 
Construction and land81,576 62,752 
Total real estate loans536,728 475,448 
Consumer loans:
Manufactured homes21,459 20,941 
Floating homes58,358 39,868 
Other consumer15,732 15,024 
Total consumer loans95,549 75,833 
Commercial business loans36,620 64,217 
Total loans held-for-portfolio668,897 615,498 
Deferred fees, net(1,346)(2,135)
Total loans held-for-portfolio, gross667,551 613,363 
Allowance for loan losses(6,327)(6,000)
Total loans held-for-portfolio, net$661,224 $607,363 
Schedule of Allowance for Loan Losses and Recorded Investment in Loans by Portfolio Segment and Based on Impairment Method
The following tables present the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of the dates indicated (in thousands):
September 30, 2021
 Allowance: Individually evaluated for impairmentAllowance: Collectively evaluated for impairmentAllowance:
Ending balance		Loans held for investment: Individually evaluated for impairmentLoans held for investment: Collectively evaluated for impairmentLoans held for investment:
Ending balance
One-to-four family$137 $1,183 $1,320 $3,791 $190,555 $194,346 
Home equity7 87 94 226 13,786 14,012 
Commercial and multifamily— 1,857 1,857 — 246,794 246,794 
Construction and land5 771 776 255 81,321 81,576 
Manufactured homes105 198 303 201 21,258 21,459 
Floating homes— 383 383 504 57,854 58,358 
Other consumer27 179 206 108 15,624 15,732 
Commercial business— 426 426 182 36,438 36,620 
Unallocated— 962 962 — — — 
Total$281 $6,046 $6,327 $5,267 $663,630 $668,897 
December 31, 2020
 Allowance: Individually evaluated for impairmentAllowance: Collectively evaluated for impairmentAllowance:
Ending balance		Loans held for investment: Individually evaluated for impairmentLoans held for investment: Collectively evaluated for impairmentLoans held for investment:
Ending balance
One-to-four family$165 $898 $1,063 $3,705 $126,952 $130,657 
Home equity14 133 147 293 15,972 16,265 
Commercial and multifamily— 2,370 2,370 353 265,421 265,774 
Construction and land6 572 578 77 62,675 62,752 
Manufactured homes163 366 529 265 20,676 20,941 
Floating homes— 328 328 518 39,350 39,868 
Other consumer30 258 288 114 14,910 15,024 
Commercial business— 291 291 615 63,602 64,217 
Unallocated— 406 406 — — — 
Total$378 $5,622 $6,000 $5,940 $609,558 $615,498 
The following tables summarize the activity in the allowance for loan losses for the periods indicated (in thousands):
Three Months Ended September 30, 2021
 Beginning
Allowance		Charge-offsRecoveriesProvision (Recapture)Ending
Allowance
One-to-four family$1,292 $— $— $28 $1,320 
Home equity111 — 2 (19)94 
Commercial and multifamily1,987 — — (130)1,857 
Construction and land700 — — 76 776 
Manufactured homes367 — 1 (65)303 
Floating homes318 — — 65 383 
Other consumer201 (8)— 13 206 
Commercial business693 — — (267)426 
Unallocated488 — — 474 962 
Total$6,157 $(8)$3 $175 $6,327 
Nine Months Ended September 30, 2021
 Beginning
Allowance		Charge-offsRecoveriesProvision (Recapture)Ending
Allowance
One-to-four family$1,063 $(76)$— $333 $1,320 
Home equity147 (8)4 (49)94 
Commercial and multifamily2,370 — — (513)1,857 
Construction and land578 — — 198 776 
Manufactured homes529 (2)3 (227)303 
Floating homes328 — — 55 383 
Other consumer288 (27)6 (61)206 
Commercial business291 — 2 133 426 
Unallocated406 — — 556 962 
Total$6,000 $(113)$15 $425 $6,327 
Three Months Ended September 30, 2020
 Beginning
Allowance		Charge-offsRecoveries(Recapture) ProvisionEnding
Allowance
One-to-four family$1,149 $(20)$4 $37 $1,170 
Home equity154 (2)7 (17)142 
Commercial and multifamily1,991 — — 16 2,007 
Construction and land623 — — (43)580 
Manufactured homes362 — 1 (33)330 
Floating homes324 — — (31)293 
Other consumer127 (4)2 (10)115 
Commercial business501 (306)— 68 263 
Unallocated800 — — 288 1,088 
Total$6,031 $(332)0$14 $275 $5,988 
Nine Months Ended September 30, 2020
 Beginning
Allowance		Charge-offsRecoveries(Recapture) ProvisionEnding
Allowance
One-to-four family$1,120 $(20)$12 $58 $1,170 
Home equity178 (2)46 (80)142 
Commercial and multifamily1,696 — — 311 2,007 
Construction and land492 — — 88 580 
Manufactured homes480 — 1 (151)330 
Floating homes283 — — 10 293 
Other consumer112 (20)13 10 115 
Commercial business331 (607)— 539 263 
Unallocated948 — — 140 1,088 
Total$5,640 $(649)$72 $925 $5,988 
Schedule of Credit Quality Indicators
The following tables present the internally assigned grades as of the dates indicated, by type of loan (in thousands):
September 30, 2021
 One-to-
four family		Home
equity		Commercial
and multifamily		Construction
and land		Manufactured
homes		Floating
homes		Other
consumer		Commercial
business		Total
Grade:         
Pass$190,857 $13,654 $200,617 $67,021 $21,025 $57,250 $15,711 $30,242 $596,377 
Watch299 23 29,061 11,962 243 604 — 4,059 46,251 
Special Mention— — 9,958 837 — — — 1,746 12,541 
Substandard3,190 335 7,158 1,756 191 504 21 573 13,728 
Total$194,346 $14,012 $246,794 $81,576 $21,459 $58,358 $15,732 $36,620 $668,897 
December 31, 2020
 One-to-
four family		Home
equity		Commercial
and multifamily		Construction
and land		Manufactured
homes		Floating
homes		Other
consumer		Commercial
business		Total
Grade:         
Pass$113,185 $15,556 $228,652 $44,360 $19,606 $38,746 $15,000 $56,743 $531,848 
Watch15,142 245 22,945 13,808 1,115 604 — 5,202 59,061 
Special Mention— — 10,813 3,939 — — — 310 15,062 
Substandard2,330 464 3,364 645 220 518 24 1,962 9,527 
Total$130,657 $16,265 $265,774 $62,752 $20,941 $39,868 $15,024 $64,217 $615,498 
Schedule of Nonaccrual Loans
The following table presents the recorded investment in nonaccrual loans as of the dates indicated, by type of loan (in thousands):
 September 30, 2021December 31, 2020
One-to-four family$1,915 $1,668 
Home equity150 156 
Commercial and multifamily— 353 
Construction and land220 40 
Manufactured homes98 149 
Floating homes504 518 
Commercial business182 — 
Total$3,069 $2,884 
Schedule of Aging of Recorded Investment in Past Due Loans
The following tables present the aging of the recorded investment in past due loans as of the dates indicated, by type of loan (in thousands):
September 30, 2021
 30-59 Days
Past Due		60-89 Days
Past Due		90 Days and Greater Past Due> 90 Days and AccruingTotal Past
Due		CurrentTotal Loans
One-to-four family$— $604 $1,571 $— $2,175 $192,171 $194,346 
Home equity16 — 134 — 150 13,862 14,012 
Commercial and multifamily2,429 — — — 2,429 244,365 246,794 
Construction and land— — — — — 81,576 81,576 
Manufactured homes33 79 97 — 210 21,249 21,459 
Floating homes— — 247 — 247 58,111 58,358 
Other consumer20 2 — — 22 15,710 15,732 
Commercial business— — 182 — 182 36,438 36,620 
Total$2,498 $685 $2,231 $— $5,413 $663,484 $668,897 
December 31, 2020
 30-59 Days
Past Due		60-89 Days
Past Due		90 Days and Greater Past Due> 90 Days and AccruingTotal Past
Due		CurrentTotal Loans
One-to-four family$498 $362 $1,407 $— $2,267 $128,390 $130,657 
Home equity102 — 112 — 214 16,051 16,265 
Commercial and multifamily— — 353 — 353 265,421 265,774 
Construction and land690 — 40 — 730 62,022 62,752 
Manufactured homes159 74 149 — 382 20,559 20,941 
Floating homes— 269 249 — 518 39,350 39,868 
Other consumer15 1 — — 16 15,008 15,024 
Commercial business583 — — — 583 63,634 64,217 
Total$2,047 $706 $2,310 $— $5,063 $610,435 $615,498 
Schedule of Credit Risk Profile of Loan Portfolio Based on Payment Activity by Type of Loan
The following tables present the credit risk profile of our loan portfolio based on payment activity as of the dates indicated, by type of loan (in thousands):
September 30, 2021
One-to-four
family		Home
equity		Commercial
and
multifamily		Construction
and land		Manufactured
homes		Floating
homes		Other
consumer		Commercial
business		Total
Performing$192,431 $13,862 $246,794 $81,356 $21,361 $57,854 $15,732 $36,438 $665,828 
Nonperforming1,915 150 — 220 98 504 — 182 3,069 
Total$194,346 $14,012 $246,794 $81,576 $21,459 $58,358 $15,732 $36,620 $668,897 
December 31, 2020
One-to-four
family		Home
equity		Commercial
and
multifamily		Construction
and land		Manufactured
homes		Floating
homes		Other
consumer		Commercial
business		Total
Performing$128,989 $16,109 $265,421 $62,712 $20,792 $39,350 $15,024 $64,217 $612,614 
Nonperforming1,668 156 353 40 149 518 — — 2,884 
Total$130,657 $16,265 $265,774 $62,752 $20,941 $39,868 $15,024 $64,217 $615,498 
Schedule of Impaired Loans, Individually Evaluated
Impaired loans at the dates indicated, by type of loan were as follows (in thousands):
 September 30, 2021
  Recorded Investment 
 Unpaid Principal
Balance		Without
Allowance		With
Allowance		Total
Recorded
Investment		Related
Allowance
One-to-four family$3,901 $2,749 $1,042 $3,791 $137 
Home equity226 150 76 226 7 
Commercial and multifamily— — — — — 
Construction and land256 220 35 255 5 
Manufactured homes201 45 156 201 105 
Floating homes504 504 — 504 — 
Other consumer108 — 108 108 27 
Commercial business182 182 — 182 — 
Total$5,378 $3,850 $1,417 $5,267 $281 
 December 31, 2020
  Recorded Investment 
 Unpaid Principal
Balance		Without
Allowance		With
Allowance		Total
Recorded
Investment		Related
Allowance
One-to-four family$3,791 $2,392 $1,313 $3,705 $165 
Home equity293 156 137 293 14 
Commercial and multifamily353 353 — 353 — 
Construction and land77 40 37 77 6 
Manufactured homes268 47 218 265 163 
Floating homes518 518 — 518 — 
Other consumer114 — 114 114 30 
Commercial business615 615 — 615 — 
Total$6,029 $4,121 $1,819 $5,940 $378 
The following table presents the average recorded investment and interest income recognized on impaired loans for the periods indicated, by loan types (in thousands):
Three Months Ended September 30,
 20212020
 Average
Recorded
Investment		Interest Income
Recognized		Average
Recorded
Investment		Interest Income
Recognized
One-to-four family$3,069 $60 $6,027 $69 
Home equity321 3 336 3 
Commercial and multifamily— — 465 16 
Construction and land166 11 315 20 
Manufactured homes225 3 349 5 
Floating homes507 5 405 15 
Other consumer109 1 127 — 
Commercial business93 1 1,076 12 
Total$4,490 $84 $9,100 $140 
Nine Months Ended September 30,
 20212020
 Average
Recorded
Investment		Interest Income
Recognized		Average
Recorded
Investment		Interest Income
Recognized
One-to-four family$3,322 $118 $6,650 $208 
Home equity305 11 341 12 
Commercial and multifamily176 — 409 26 
Construction and land121 12 579 21 
Manufactured homes244 12 391 19 
Floating homes511 12 406 23 
Other consumer111 4 134 4 
Commercial business353 1 1,174 12 
Total$5,143 $170 $10,084 $325