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v3.23.3

Loans Held for Sale | 9 Months Ended
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Sep. 30, 2023
Notes to Financial Statements |
Loans held for sale | 6. Loans held for sale Loans held for sale are carried at the lower of cost or estimated fair value. At September 30, 2023 and December 31, 2022, the Bank did not have any loans held for sale. ​ The following table shows loans sold during the periods indicated: ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the three months ended September 30, 2023
(Dollars in thousands) |  | Loans sold |  | Proceeds |  | Net charge-offs |  | Net gain
Performing loans |  |  | ​ |  |  | ​ |  |  | ​ |  |
Commercial |  | 2 | ​ | $ | 2,000 | ​ | $ | — | ​ | $ | —
Total |  | 2 | ​ | $ | 2,000 | ​ | $ | — | ​ | $ | —
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the three months ended September 30, 2022
(Dollars in thousands) |  | Loans sold |  | Proceeds |  | Net charge-offs |  | Net gain
Performing loans |  |  | ​ |  |  | ​ |  |  | ​ |  |
Multi-family residential | ​ | 1 | ​ | $ | 10,682 | ​ | $ | — | ​ | $ | —
Total |  | 1 | ​ | $ | 10,682 | ​ | $ | — | ​ | $ | —
​ ​ ​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the nine months ended September 30, 2023
(Dollars in thousands) |  | Loans sold |  | Proceeds |  | Net charge-offs |  | Net gain
Performing loans |  |  | ​ |  |  | ​ |  |  | ​ |  |
Commercial |  | 2 | ​ | $ | 2,000 | ​ | $ | — | ​ | $ | —
Total |  | 2 | ​ | $ | 2,000 | ​ | $ | — | ​ | $ | —
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Delinquent and non-performing loans |  | ​
Multi-family residential | ​ | 7 | ​ | $ | 3,622 | ​ | $ | — | ​ | $ | 69
Commercial |  | 3 | ​ | ​ | 1,867 | ​ | ​ | (8) | ​ | ​ | —
One-to-four family - mixed-use property |  | 3 | ​ |  | 1,553 | ​ |  | — | ​ |  | 39
Total |  | 13 | ​ | $ | 7,042 | ​ | $ | (8) | ​ | $ | 108
​ ​
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
​ | ​ | For the nine months ended September 30, 2022
(Dollars in thousands) |  | Loans sold |  | Proceeds |  | Net charge-offs |  | Net gain
Performing loans |  |  | ​ |  |  | ​ |  |  | ​ |  |
Multi-family residential | ​ | 5 | ​ | $ | 20,818 | ​ | $ | — | ​ | $ | —
Commercial |  | 1 | ​ |  | 4,312 | ​ | ​ | — | ​ | ​ | —
Total |  | 6 | ​ | $ | 25,130 | ​ | $ | — | ​ | $ | —
​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​ | ​
Delinquent and non-performing loans |  | ​
Commercial |  | 1 | ​ | $ | 3,687 | ​ | $ | — | ​ | $ | 73
One-to-four family - mixed-use property |  | 1 | ​ | ​ | 430 | ​ | ​ | — | ​ | ​ | —
Total |  | 2 | ​ | $ | 4,117 | ​ | $ | — | ​ | $ | 73
​

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