Notes Tables

Schedule of loans modifications made to borrowers


	For the three months ended March 31, 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 the interest rate to zero percent
Total	1	$	378

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 three months ended March 31, 2025
(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 recognized		Loans ninety days or more past due and still accruing
Multi-family residential	$	11,707	$	26,752	$	21,432	$	24	$	—
Commercial real estate		6,376		6,824		6,824		—		—
One-to-four family - mixed-use property		117		442		442		—		—
One-to-four family - residential		812		635		635		1		—
Small Business Administration		2,531		2,529		2,529		—		—
Commercial business and other		12,454		9,958		6,524		—		—
Total	$	33,997	$	47,140	$	38,386	$	25	$	—


	At or for the year ended December 31, 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 recognized		Loans ninety days or more past due and still accruing
Multi-family residential	$	3,640	$	11,707	$	6,476	$	5	$	—
Commercial real estate		—		6,376		6,376		—		—
One-to-four family - mixed-use property		1,005		117		117		1		—
One-to-four family - residential		4,670		812		812		2		—
Small Business Administration		2,576		2,531		2,531		—		—
Commercial business and other		11,768		12,454		6,046		3		—
Total	$	23,659	$	33,997	$	22,358	$	11	$	—

Summary of aging analysis of amortized cost basis of loans


	At March 31, 2025
(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	$	1,912	$	824	$	26,752	$	29,488	$	2,506,558	$	2,536,046
Commercial real estate		1,989		2,000		6,824		10,813		1,944,423		1,955,236
One-to-four family - mixed-use property		1,776		988		442		3,206		500,885		504,091
One-to-four family - residential		147		914		635		1,696		268,014		269,710
Construction		—		—		—		—		63,234		63,234
Small Business Administration		134		—		2,529		2,663		12,267		14,930
Commercial business and other		522		6		9,958		10,486		1,388,334		1,398,820
Total	$	6,480	$	4,732	$	47,140	$	58,352	$	6,683,715	$	6,742,067

(1) The table above excludes the unallocated portfolio layer basis adjustments totaling $0.2 million related to loans hedged in a closed pool. See Note 11 (“Derivative Financial Instruments”) of the Notes to the Consolidated Financial Statements.


	At December 31, 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	$	12,596	$	9,255	$	11,707	$	33,558	$	2,498,055	$	2,531,613
Commercial real estate		4,846		—		6,376		11,222		1,963,400		1,974,622
One-to-four family - mixed-use property		870		1,234		117		2,221		511,717		513,938
One-to-four family - residential		802		65		812		1,679		242,914		244,593
Construction		—		—		—		—		60,114		60,114
Small Business Administration		—		—		2,531		2,531		17,664		20,195
Commercial business and other		409		2,239		12,432		15,080		1,387,718		1,402,798
Total	$	19,523	$	12,793	$	33,975	$	66,291	$	6,681,582	$	6,747,873

(1) The table above excludes the unallocated portfolio layer basis adjustments totaling $2.0 million related to loans hedged in a closed pool. 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


	March 31, 2025
														Revolving Loans		Revolving Loans
														Amortized Cost		converted to
(In thousands)		2025		2024		2023		2022		2021		Prior		Basis		term loans		Total
Multi-family Residential
Pass	$	22,232	$	116,512	$	247,187	$	390,747	$	269,701	$	1,418,040	$	3,507	$	—	$	2,467,926
Watch		—		—		—		1,831		2,533		34,448		—		—		38,812
Special Mention		—		—		—		824		—		310		—		—		1,134
Substandard		—		—		—		14,555		699		12,920		—		—		28,174
Total Multi-family Residential	$	22,232	$	116,512	$	247,187	$	407,957	$	272,933	$	1,465,718	$	3,507	$	—	$	2,536,046
Commercial Real Estate
Pass	$	33,828	$	198,912	$	194,189	$	309,171	$	139,024	$	968,783	$	—	$	—	$	1,843,907
Watch		—		—		1,981		428		7,494		67,323		—		—		77,226
Special Mention		—		—		—		—		—		2,000		—		—		2,000
Substandard		—		—		—		—		—		32,103		—		—		32,103
Total Commercial Real Estate	$	33,828	$	198,912	$	196,170	$	309,599	$	146,518	$	1,070,209	$	—	$	—	$	1,955,236
1-4 Family Mixed-Use Property
Pass	$	2,186	$	17,708	$	22,904	$	45,049	$	39,310	$	370,418	$	—	$	—	$	497,575
Watch		—		—		—		—		—		4,809		—		—		4,809
Special Mention		—		—		—		—		—		895		—		—		895
Substandard		—		—		—		—		—		812		—		—		812
Total 1-4 Family Mixed-Use Property	$	2,186	$	17,708	$	22,904	$	45,049	$	39,310	$	376,934	$	—	$	—	$	504,091
1-4 Family Residential
Pass	$	—	$	13,073	$	64,512	$	32,546	$	6,664	$	132,012	$	5,792	$	8,221	$	262,820
Watch		—		—		—		492		250		2,974		—		1,465		5,181
Special Mention		—		—		—		—		—		972		—		39		1,011
Substandard		—		—		—		—		—		260		—		438		698
Total 1-4 Family Residential	$	—	$	13,073	$	64,512	$	33,038	$	6,914	$	136,218	$	5,792	$	10,163	$	269,710
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	5	$	—	$	—	$	5
Construction
Pass	$	—	$	—	$	—	$	—	$	18,238	$	—	$	42,542	$	—	$	60,780
Special Mention		—		—		2,454		—		—		—		—		—		2,454
Total Construction	$	—	$	—	$	2,454	$	—	$	18,238	$	—	$	42,542	$	—	$	63,234
Small Business Administration
Pass	$	1,321	$	1,785	$	1,155	$	3,191	$	1,039	$	2,862	$	—	$	—	$	11,353
Watch		—		—		—		—		—		813		—		—		813
Special Mention		—		—		—		—		—		29		—		—		29
Substandard		—		—		—		—		1,691		1,044		—		—		2,735
Total Small Business Administration	$	1,321	$	1,785	$	1,155	$	3,191	$	2,730	$	4,748	$	—	$	—	$	14,930
Commercial Business
Pass	$	24,051	$	98,856	$	88,461	$	62,998	$	25,827	$	113,415	$	192,264	$	—	$	605,872
Watch		82		254		4,289		2,346		3,496		5,977		2,795		—		19,239
Special Mention		—		—		—		—		—		20		4,865		—		4,885
Substandard		—		695		801		2,239		—		1,730		3,950		—		9,415
Doubtful		—		—		—		47		—		—		570		—		617
Total Commercial Business	$	24,133	$	99,805	$	93,551	$	67,630	$	29,323	$	121,142	$	204,444	$	—	$	640,028
Gross charge-offs	$	—	$	—	$	462	$	2,619	$	—	$	1,366	$	—	$	—	$	4,447
Commercial Business - Secured by RE
Pass	$	30,575	$	67,577	$	44,048	$	168,607	$	123,086	$	291,494	$	775	$	—	$	726,162
Watch		—		8,640		—		—		1,278		18,121		—		—		28,039
Special Mention		—		—		—		—		—		532		—		—		532
Substandard		—		—		—		—		—		3,939		—		—		3,939
Total Commercial Business - Secured by RE	$	30,575	$	76,217	$	44,048	$	168,607	$	124,364	$	314,086	$	775	$	—	$	758,672
Other
Pass	$	—	$	—	$	—	$	—	$	—	$	50	$	70	$	—	$	120
Total Other	$	—	$	—	$	—	$	—	$	—	$	50	$	70	$	—	$	120
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	19	$	—	$	—	$	19
Total by Loan Type
Total Pass	$	114,193	$	514,423	$	662,456	$	1,012,309	$	622,889	$	3,297,074	$	244,950	$	8,221	$	6,476,515
Total Watch		82		8,894		6,270		5,097		15,051		134,465		2,795		1,465		174,119
Total Special Mention		—		—		2,454		824		—		4,758		4,865		39		12,940
Total Substandard		—		695		801		16,794		2,390		52,808		3,950		438		77,876
Total Doubtful		—		—		—		47		—		—		570		—		617
Total Loans ⁽¹⁾	$	114,275	$	524,012	$	671,981	$	1,035,071	$	640,330	$	3,489,105	$	257,130	$	10,163	$	6,742,067
Total Gross charge-offs	$	—	$	—	$	462	$	2,619	$	—	$	1,390	$	—	$	—	$	4,471

⁽¹⁾The table above excludes the unallocated portfolio layer basis adjustments totaling $0.2 million related to loans hedged in a closed pool at March 31, 2025. See Note 11 (“Derivative Financial Instruments”) of the Notes to the Consolidated Financial Statements.


	December 31, 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	$	116,814	$	248,004	$	375,084	$	272,747	$	195,539	$	1,250,368	$	5,369	$	—	$	2,463,925
Watch		—		—		7,587		—		2,724		31,665		—		—		41,976
Special Mention		—		—		10,163		—		—		2,388		—		—		12,551
Substandard		—		—		—		704		2,811		9,646		—		—		13,161
Total Multi-family Residential	$	116,814	$	248,004	$	392,834	$	273,451	$	201,074	$	1,294,067	$	5,369	$	—	$	2,531,613
Commercial Real Estate
Pass	$	199,396	$	197,228	$	310,725	$	144,569	$	122,576	$	924,520	$	—	$	—	$	1,899,014
Watch		—		—		430		4,023		6,660		58,119		—		—		69,232
Substandard		—		—		—		—		—		6,376		—		—		6,376
Total Commercial Real Estate	$	199,396	$	197,228	$	311,155	$	148,592	$	129,236	$	989,015	$	—	$	—	$	1,974,622
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	421	$	—	$	—	$	421
1-4 Family Mixed-Use Property
Pass	$	17,759	$	23,552	$	45,487	$	40,515	$	27,448	$	352,004	$	—	$	—	$	506,765
Watch		—		—		—		—		—		5,338		—		—		5,338
Special Mention		—		—		—		—		445		1,273		—		—		1,718
Substandard		—		—		—		—		—		117		—		—		117
Total 1-4 Family Mixed-Use Property	$	17,759	$	23,552	$	45,487	$	40,515	$	27,893	$	358,732	$	—	$	—	$	513,938
1-4 Family Residential
Pass	$	2,136	$	53,556	$	22,382	$	7,117	$	16,039	$	121,653	$	6,256	$	8,588	$	237,727
Watch		—		—		496		254		—		2,769		113		1,265		4,897
Special Mention		—		—		—		—		—		838		—		215		1,053
Substandard		—		—		—		—		—		477		—		439		916
Total 1-4 Family Residential	$	2,136	$	53,556	$	22,878	$	7,371	$	16,039	$	125,737	$	6,369	$	10,507	$	244,593
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	14	$	—	$	—	$	14
Construction
Pass	$	—	$	51	$	2	$	18,215	$	—	$	—	$	39,230	$	—	$	57,498
Watchlist		—		—		—		—		—		—		—		—		—
Special Mention		—		2,616		—		—		—		—		—		—		2,616
Total Construction	$	—	$	2,667	$	2	$	18,215	$	—	$	—	$	39,230	$	—	$	60,114
Small Business Administration
Pass	$	7,356	$	1,906	$	3,211	$	1,092	$	1,672	$	1,123	$	—	$	—	$	16,360
Watch		—		—		—		—		—		774		—		—		774
Special Mention		—		—		—		—		—		325		—		—		325
Substandard		—		—		—		1,691		—		1,045		—		—		2,736
Total Small Business Administration	$	7,356	$	1,906	$	3,211	$	2,783	$	1,672	$	3,267	$	—	$	—	$	20,195
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	7	$	—	$	—	$	7
Commercial Business
Pass	$	109,139	$	92,916	$	71,479	$	29,665	$	17,744	$	99,620	$	208,419	$	—	$	628,982
Watch		166		4,850		—		1,630		4,310		1,720		1,500		—		14,176
Special Mention		—		—		—		—		—		16		—		—		16
Substandard		716		429		4,891		—		—		3,119		3,856		—		13,011
Doubtful		—		462		—		—		—		—		570		—		1,032
Total Commercial Business	$	110,021	$	98,657	$	76,370	$	31,295	$	22,054	$	104,475	$	214,345	$	—	$	657,217
Gross charge-offs	$	—	$	—	$	—	$	4,121	$	—	$	266	$	3,083	$	—	$	7,470
Commercial Business - Secured by RE
Pass	$	68,613	$	45,976	$	169,904	$	125,523	$	99,794	$	203,839	$	673	$	—	$	714,322
Watch		8,671		—		—		—		3,721		396		—		—		12,788
Special Mention		—		—		—		—		—		14,418		—		—		14,418
Substandard		—		—		—		—		—		3,884		—		—		3,884
Total Commercial Business - Secured by RE	$	77,284	$	45,976	$	169,904	$	125,523	$	103,515	$	222,537	$	673	$	—	$	745,412
Other
Pass	$	—	$	—	$	—	$	—	$	—	$	85	$	84	$	—	$	169
Total Other	$	—	$	—	$	—	$	—	$	—	$	85	$	84	$	—	$	169
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	57	$	—	$	—	$	57
Total by Loan Type
Total Pass	$	521,213	$	663,189	$	998,274	$	639,443	$	480,812	$	2,953,212	$	260,031	$	8,588	$	6,524,762
Total Watch		8,837		4,850		8,513		5,907		17,415		100,781		1,613		1,265		149,181
Total Special Mention		—		2,616		10,163		—		445		19,258		—		215		32,697
Total Substandard		716		429		4,891		2,395		2,811		24,664		3,856		439		40,201
Total Doubtful		—		462		—		—		—		—		570		—		1,032
Total Loans ⁽¹⁾	$	530,766	$	671,546	$	1,021,841	$	647,745	$	501,483	$	3,097,915	$	266,070	$	10,507	$	6,747,873
Total Gross charge-offs	$	—	$	—	$	—	$	4,121	$	—	$	765	$	3,083	$	—	$	7,969

⁽¹⁾ The table above excludes the unallocated portfolio layer basis adjustments totaling $2.0 million related to loans hedged in a closed pool at December 31, 2024. 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
	March 31,
(In thousands)		2025		2024
Balance at beginning of period	$	1,037		1,102
Provision (benefit) ⁽¹⁾		337		(106)
Allowance for Off-Balance Sheet - Credit losses ⁽²⁾	$	1,374	$	996

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

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