Notes Tables

Schedule of loans modifications made to borrowers


	For the three months ended June 30, 2023
(Dollars in thousands)	Term Extension and Reduced Interest Rate
Loan Modifications Made to Borrowers Experiencing Financial Difficulty	Number		Amortized Cost Basis	% of Total Class of Financing Receivable		Financial Effect
Small Business Administration	1	$	1,490	6.7	%	Provided twelve months payment deferral to be collected at maturity.
Total	1	$	1,490


	For the six months ended June 30, 2024
(Dollars in thousands)	Term Extension and Reduced Interest Rate
Loan Modifications Made to Borrowers Experiencing Financial Difficulty	Number		Amortized Cost Basis	% of Total Class of Financing Receivable		Financial Effect
Commercial business and other	1	$	378	—	%	Extended maturity to August 2026 (3 months) and reduced interest rate to zero percent.
Total	1	$	378

	For the six months ended June 30, 2023
(Dollars in thousands)	Term Extension and Reduced Interest Rate
Loan Modifications Made to Borrowers Experiencing Financial Difficulty	Number		Amortized Cost Basis	% of Total Class of Financing Receivable		Financial Effect
Small Business Administration	1	$	1,490	6.7	%	Provided twelve months payment deferral to be collected at maturity.
Total	1	$	1,490

Schedule of non-accrual loans at amortized cost with no related allowance and interest income recognized for loans ninety days or more past due and still accruing


	At or for the six months June 30, 2024
(In thousands)		Non-accrual amortized cost beginning of the reporting period		Non-accrual amortized cost end of the reporting period		Non-accrual with no related allowance		Interest income (loss) recognized		Loans ninety days or more past due and still accruing
Multi-family residential	$	3,640	$	15,188	$	15,188	$	—	$	—
One-to-four family - mixed-use property		1,005		931		931		1		—
One-to-four family - residential		4,670		3,292		3,292		2		—
Small Business Administration		2,576		2,640		2,640		—		—
Commercial business and other		11,768		13,720		4,886		2		—
Total	$	23,659	$	35,771	$	26,937	$	5	$	—


	At or for the year ended December 31, 2023
(In thousands)		Non-accrual amortized cost beginning of the reporting period		Non-accrual amortized cost end of the reporting period		Non-accrual with no related allowance		Interest income (loss) recognized		Loans ninety days or more past due and still accruing
Multi-family residential	$	3,547	$	3,640	$	3,640	$	2	$	1,463
Commercial real estate		254		—		—		—		—
One-to-four family - mixed-use property		1,045		1,005		1,005		3		—
One-to-four family - residential		3,953		4,670		4,670		3		—
Small Business Administration		950		2,576		2,576		—		—
Commercial business and other		20,193		11,768		3,242		17		—
Total	$	29,942	$	23,659	$	15,133	$	25	$	1,463

Summary of aging analysis of amortized cost basis of loans


	At June 30, 2024
(In thousands)	30 - 59 Days Past Due		60 - 89 Days Past Due		Greater than 90 Days		Total Past Due		Current		Total Loans ⁽¹⁾
Multi-family residential	$	4,811	$	718	$	15,188	$	20,717	$	2,615,887	$	2,636,604
Commercial real estate		320		6,722		—		7,042		1,888,844		1,895,886
One-to-four family - mixed-use property		2,328		264		931		3,523		517,624		521,147
One-to-four family - residential		1,323		41		3,292		4,656		257,003		261,659
Construction		5,793		—		—		5,793		58,995		64,788
Small Business Administration		—		—		2,640		2,640		11,483		14,123
Commercial business and other		1,094		26		9,203		10,323		1,379,152		1,389,475
Total	$	15,669	$	7,771	$	31,254	$	54,694	$	6,728,988	$	6,783,682

(1) The table above excludes the unallocated portfolio layer basis adjustments totaling $6.7 million related to loans hedged in a closed pool at June 30, 2024. See Note 11 (“Derivative Financial Instruments”) of the Notes to the Consolidated Financial Statements.


	At December 31, 2023
(In thousands)	30 - 59 Days Past Due		60 - 89 Days Past Due		Greater than 90 Days		Total Past Due		Current		Total Loans ⁽¹⁾
Multi-family residential	$	2,722	$	539	$	5,103	$	8,364	$	2,653,862	$	2,662,226
Commercial real estate		8,090		1,099		—		9,189		1,950,435		1,959,624
One-to-four family - mixed-use property		1,708		124		1,005		2,837		530,247		533,084
One-to-four family - residential		1,715		—		4,670		6,385		215,134		221,519
Construction		—		—		—		—		58,261		58,261
Small Business Administration		—		—		2,576		2,576		17,769		20,345
Commercial business and other		420		1,061		7,585		9,066		1,443,774		1,452,840
Total	$	14,655	$	2,823	$	20,939	$	38,417	$	6,869,482	$	6,907,899

(1) The table above excludes the unallocated portfolio layer basis adjustments totaling $0.9 million related to loans hedged in a closed pool at December 31, 2023. See Note 11 (“Derivative Financial Instruments”) of the Notes to the Consolidated Financial Statements.

Summary of risk category of mortgage and non-mortgage loans by loan portfolio segments and class of loans by year of origination


	June 30, 2024
														Revolving Loans		Revolving Loans
														Amortized Cost		converted to
(In thousands)		2024		2023		2022		2021		2020		Prior		Basis		term loans		Total
Multi-family Residential
Pass	$	42,431	$	251,710	$	451,084	$	286,837	$	203,102	$	1,351,283	$	4,933	$	—	$	2,591,380
Watch		—		—		4,426		—		1,902		21,168		—		—		27,496
Special Mention		—		—		—		718		—		1,085		—		—		1,803
Substandard		—		—		5,912		—		2,720		6,847		446		—		15,925
Total Multi-family Residential	$	42,431	$	251,710	$	461,422	$	287,555	$	207,724	$	1,380,383	$	5,379	$	—	$	2,636,604
Commercial Real Estate
Pass	$	59,242	$	197,691	$	313,826	$	153,430	$	130,574	$	963,588	$	—	$	—	$	1,818,351
Watch		—		—		435		1,331		6,807		62,093		—		—		70,666
Special Mention		—		—		—		—		—		6,869		—		—		6,869
Total Commercial Real Estate	$	59,242	$	197,691	$	314,261	$	154,761	$	137,381	$	1,032,550	$	—	$	—	$	1,895,886
1-4 Family Mixed-Use Property
Pass	$	4,764	$	23,835	$	45,428	$	41,335	$	28,192	$	369,587	$	—	$	—	$	513,141
Watch		—		—		—		—		—		5,879		—		—		5,879
Special Mention		—		—		—		—		—		1,267		—		—		1,267
Substandard		—		—		—		—		—		860		—		—		860
Total 1-4 Family Mixed-Use Property	$	4,764	$	23,835	$	45,428	$	41,335	$	28,192	$	377,593	$	—	$	—	$	521,147
1-4 Family Residential
Pass	$	506	$	55,978	$	23,237	$	8,344	$	16,254	$	132,883	$	6,674	$	8,767	$	252,643
Watch		—		—		501		262		—		1,801		—		1,449		4,013
Special Mention		—		—		—		—		—		987		—		207		1,194
Substandard		—		—		—		—		—		3,366		—		443		3,809
Total 1-4 Family Residential	$	506	$	55,978	$	23,738	$	8,606	$	16,254	$	139,037	$	6,674	$	10,866	$	261,659
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	14	$	—	$	—	$	14
Construction
Pass	$	—	$	604	$	2	$	18,210	$	—	$	—	$	34,049	$	—	$	52,865
Watchlist		—		—		—		5,793		—		—		—		—		5,793
Special Mention		—		6,130		—		—		—		—		—		—		6,130
Total Construction	$	—	$	6,734	$	2	$	24,003	$	—	$	—	$	34,049	$	—	$	64,788
Small Business Administration
Pass	$	—	$	1,947	$	3,248	$	1,286	$	1,913	$	1,682	$	—	$	—	$	10,076
Watch		—		—		—		—		—		862		—		—		862
Special Mention		—		—		—		—		—		339		—		—		339
Substandard		—		—		—		1,692		—		1,154		—		—		2,846
Total Small Business Administration	$	—	$	1,947	$	3,248	$	2,978	$	1,913	$	4,037	$	—	$	—	$	14,123
Commercial Business
Pass	$	22,458	$	109,948	$	87,553	$	45,950	$	25,435	$	78,406	$	241,013	$	—	$	610,763
Watch		—		62		3,883		3,297		4,448		32,334		2,596		—		46,620
Special Mention		—		—		—		—		—		20		500		—		520
Substandard		—		504		2,461		4,492		—		3,439		3,356		—		14,252
Doubtful		—		462		—		—		—		—		3,658		—		4,120
Total Commercial Business	$	22,458	$	110,976	$	93,897	$	53,739	$	29,883	$	114,199	$	251,123	$	—	$	676,275
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	33	$	—	$	—	$	33
Commercial Business - Secured by RE
Pass	$	20,874	$	36,720	$	174,453	$	127,890	$	101,031	$	204,749	$	—	$	—	$	665,717
Watch		8,700		9,660		296		—		3,782		6,718		—		—		29,156
Special Mention		—		—		—		—		—		16,398		—		—		16,398
Substandard		—		—		—		—		—		1,703		—		—		1,703
Total Commercial Business - Secured by RE	$	29,574	$	46,380	$	174,749	$	127,890	$	104,813	$	229,568	$	—	$	—	$	712,974
Other
Pass	$	—	$	—	$	—	$	—	$	—	$	134	$	92	$	—	$	226
Total Other	$	—	$	—	$	—	$	—	$	—	$	134	$	92	$	—	$	226
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	22	$	—	$	—	$	22
Total by Loan Type
Total Pass	$	150,275	$	678,433	$	1,098,831	$	683,282	$	506,501	$	3,102,312	$	286,761	$	8,767	$	6,515,162
Total Watch		8,700		9,722		9,541		10,683		16,939		130,855		2,596		1,449		190,485
Total Special Mention		—		6,130		—		718		—		26,965		500		207		34,520
Total Substandard		—		504		8,373		6,184		2,720		17,369		3,802		443		39,395
Total Doubtful		—		462		—		—		—		—		3,658		—		4,120
Total Loans ⁽¹⁾	$	158,975	$	695,251	$	1,116,745	$	700,867	$	526,160	$	3,277,501	$	297,317	$	10,866	$	6,783,682
Total Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	69	$	—	$	—	$	69

⁽¹⁾The table above excludes the unallocated portfolio layer basis adjustments totaling $6.7 million related to loans hedged in a closed pool at June 30, 2024. See Note 11 (“Derivative Financial Instruments”) of the Notes to the Consolidated Financial Statements.


	December 31, 2023
														Revolving Loans		Revolving Loans
														Amortized Cost		converted to
(In thousands)		2023		2022		2021		2020		2019		Prior		Basis		term loans		Total
Multi-family Residential
Pass	$	254,340	$	465,069	$	276,483	$	215,561	$	300,822	$	1,099,271	$	5,209	$	—	$	2,616,755
Watch		—		870		720		1,935		—		34,899		—		—		38,424
Special Mention		—		—		—		—		—		1,193		—		—		1,193
Substandard		—		—		—		—		—		5,854		—		—		5,854
Total Multi-family Residential	$	254,340	$	465,939	$	277,203	$	217,496	$	300,822	$	1,141,217	$	5,209	$	—	$	2,662,226
Commercial Real Estate
Pass	$	199,420	$	322,446	$	175,045	$	147,871	$	216,964	$	862,641	$	—	$	—	$	1,924,387
Watch		—		—		1,415		—		9,239		23,484		—		—		34,138
Special Mention		—		—		—		—		—		1,099		—		—		1,099
Total Commercial Real Estate	$	199,420	$	322,446	$	176,460	$	147,871	$	226,203	$	887,224	$	—	$	—	$	1,959,624
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	8	$	—	$	—	$	8
1-4 Family Mixed-Use Property
Pass	$	22,852	$	43,579	$	41,604	$	30,984	$	60,308	$	326,246	$	—	$	—	$	525,573
Watch		—		—		—		—		233		4,777		—		—		5,010
Special Mention		—		—		—		—		720		564		—		—		1,284
Substandard		—		—		—		—		—		1,217		—		—		1,217
Total 1-4 Family Mixed-Use Property	$	22,852	$	43,579	$	41,604	$	30,984	$	61,261	$	332,804	$	—	$	—	$	533,084
1-4 Family Residential
Pass	$	6,289	$	23,197	$	8,451	$	16,482	$	36,779	$	102,293	$	7,424	$	10,067	$	210,982
Watch		—		507		270		—		1,561		695		—		1,130		4,163
Special Mention		—		—		—		—		—		—		—		169		169
Substandard		—		—		—		—		—		5,737		—		468		6,205
Total 1-4 Family Residential	$	6,289	$	23,704	$	8,721	$	16,482	$	38,340	$	108,725	$	7,424	$	11,834	$	221,519
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	23	$	—	$	—	$	23
Construction
Pass	$	5,809	$	3	$	5,793	$	—	$	—		—	$	46,656	$	—	$	58,261
Total Construction	$	5,809	$	3	$	5,793	$	—	$	—	$	—	$	46,656	$	—	$	58,261
Small Business Administration
Pass	$	1,984	$	3,283	$	2,883	$	3,443	$	606	$	2,121	$	—	$	—	$	14,320
Watch		—		—		—		—		47		2,847		—		—		2,894
Special Mention		—		—		—		—		—		348		—		—		348
Substandard		—		—		1,627		—		—		1,156		—		—		2,783
Total Small Business Administration	$	1,984	$	3,283	$	4,510	$	3,443	$	653	$	6,472	$	—	$	—	$	20,345
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	7	$	—	$	—	$	7
Commercial Business
Pass	$	115,740	$	116,452	$	53,315	$	31,637	$	30,913	$	53,289	$	244,143	$	—	$	645,489
Watch		342		9,792		3,822		2,426		14,483		18,495		8,582		—		57,942
Special Mention		—		—		—		—		25		—		495		—		520
Substandard		14,642		2,399		4,158		—		93		12,906		2,982		—		37,180
Doubtful		462		—		—		—		—		—		3,903		—		4,365
Total Commercial Business	$	131,186	$	128,643	$	61,295	$	34,063	$	45,514	$	84,690	$	260,105	$	—	$	745,496
Gross charge-offs	$	40	$	—	$	1,675	$	—	$	28	$	10	$	9,267	$	—	$	11,020
Commercial Business - Secured by RE
Pass	$	36,993	$	176,825	$	130,608	$	106,545	$	38,846	$	139,025	$	—	$	—	$	628,842
Watch		9,730		311		—		—		586		51,759		—		—		62,386
Special Mention		—		—		—		—		14,892		1,002		—		—		15,894
Total Commercial Business - Secured by RE	$	46,723	$	177,136	$	130,608	$	106,545	$	54,324	$	191,786	$	—	$	—	$	707,122
Other
Pass	$	—	$	—	$	—	$	—	$	—	$	133	$	89	$	—	$	222
Total Other	$	—	$	—	$	—	$	—	$	—	$	133	$	89	$	—	$	222
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	99	$	—	$	—	$	99
Total by Loan Type
Total Pass	$	643,427	$	1,150,854	$	694,182	$	552,523	$	685,238	$	2,585,019	$	303,521	$	10,067	$	6,624,831
Total Watch		10,072		11,480		6,227		4,361		26,149		136,956		8,582		1,130		204,957
Total Special Mention		—		—		—		—		15,637		4,206		495		169		20,507
Total Substandard		14,642		2,399		5,785		—		93		26,870		2,982		468		53,239
Total Doubtful		462		—		—		—		—		—		3,903		—		4,365
Total Loans ⁽¹⁾	$	668,603	$	1,164,733	$	706,194	$	556,884	$	727,117	$	2,753,051	$	319,483	$	11,834	$	6,907,899
Total Gross charge-offs	$	40	$	—	$	1,675	$	—	$	28	$	147	$	9,267	$	—	$	11,157

⁽¹⁾ The table above excludes the unallocated portfolio layer basis adjustments totaling $0.9 million related to loans hedged in a closed pool at December 31, 2023. See Note 11 (“Derivative Financial Instruments”) of the Notes to the Consolidated Financial Statements.

Summary of allowance for off balance sheet


	For the three months ended				For the six months ended
	June 30,				June 30,
	2024		2023		2024		2023

	(In thousands)
Balance at beginning of period	$	996	$	885	$	1,102	$	970
Provision (benefit) ⁽¹⁾		6		(72)		(100)		(157)
Allowance for Off-Balance Sheet - Credit losses ⁽²⁾	$	1,002	$	813	$	1,002	$	813

(1) Included in “Other operating expenses” on the Consolidated Statements of Income.

(2) Included in “Other liabilities” on the Consolidated Statements of Financial Condition.