LOANS AND ALLOWANCE FOR CREDIT LOSSES

Schedule of classes of loans by aging as of the dates indicated


		March 31, 2026
																				Total Loans
								Over 90									Total			> 90 Days Past
		30-59 Days			60-89 Days			Days			Total Past						Loans			Due and
		Past Due			Past Due			Past Due			Due			Current			Receivable			Still Accruing

		(In Thousands)
One- to four-family residential construction		$	34		$	—		$	—		$	34		$	38,947		$	38,981		$	—
Subdivision construction			—			—			—			—			23,008			23,008			—
Land development			—			—			—			—			43,555			43,555			—
Commercial construction			—			—			—			—			326,602			326,602			—
Owner occupied one- to four-family residential			2,224			—			703			2,927			648,301			651,228			—
Non-owner occupied one- to four-family residential			—			—			—			—			131,499			131,499			—
Commercial real estate			188			—			2,725			2,913			1,580,211			1,583,124			—
Other residential (multi-family)			—			—			—			—			1,369,294			1,369,294			—
Commercial business			—			—			—			—			180,182			180,182			—
Consumer auto			12			1			—			13			23,359			23,372			—
Consumer other			108			10			8			126			21,323			21,449			—
Home equity lines of credit			101			—			18			119			134,585			134,704			—
Total		$	2,667		$	11		$	3,454		$	6,132		$	4,520,866		$	4,526,998		$	—


		December 31, 2025
																				Total Loans
								Over 90									Total			> 90 Days Past
		30-59 Days			60-89 Days			Days			Total Past						Loans			Due and
		Past Due			Past Due			Past Due			Due			Current			Receivable			Still Accruing

		(In Thousands)
One- to four-family residential construction		$	—		$	—		$	—		$	—		$	30,258		$	30,258		$	—
Subdivision construction			—			—			—			—			32,160			32,160			—
Land development			—			—			—			—			37,519			37,519			—
Commercial construction			—			—			—			—			249,224			249,224			—
Owner occupied one- to four-family residential			830			521			631			1,982			654,717			656,699			—
Non-owner occupied one- to four-family residential			—			—			1,435			1,435			123,863			125,298			—
Commercial real estate			70			—			—			70			1,556,078			1,556,148			—
Other residential (multi-family)			24,762			—			—			24,762			1,362,648			1,387,410			—
Commercial business			—			—			—			—			178,514			178,514			—
Consumer auto			27			12			—			39			24,130			24,169			—
Consumer other			128			30			10			168			22,081			22,249			—
Home equity lines of credit			74			—			18			92			127,938			128,030			—
Total		$	25,891		$	563		$	2,094		$	28,548		$	4,399,130		$	4,427,678		$	—

Schedule of activity in the allowance for credit losses and unfunded commitments by portfolio segment


		One- to Four-
		Family
		Residential and			Other			Commercial			Commercial			Commercial
		Construction			Residential			Real Estate			Construction			Business			Consumer			Total

		(In Thousands)
Allowance for credit losses
Balance, January 1, 2025		$	9,224		$	15,594		$	28,802		$	2,735		$	4,656		$	3,749		$	64,760
Provision (credit) charged to expense			—			—			—			—			—			—			—
Losses charged off			(36)			—			(8)			—			(147)			(234)			(425)
Recoveries			4			—			—			194			13			158			369
Balance, March 31, 2025		$	9,192		$	15,594		$	28,794		$	2,929		$	4,522		$	3,673		$	64,704

Allowance for credit losses
Balance, January 1, 2026		$	7,483		$	18,476		$	29,223		$	2,396		$	3,911		$	3,282		$	64,771
Provision (credit) charged to expense			167			345			(454)			(69)			(8)			19			—
Losses charged off			—			—			—			—			—			(309)			(309)
Recoveries			3			—			16			—			117			186			322
Balance, March 31, 2026		$	7,653		$	18,821		$	28,785		$	2,327		$	4,020		$	3,178		$	64,784


		One- to Four-
		Family
		Residential and			Other			Commercial			Commercial			Commercial
		Construction			Residential			Real Estate			Construction			Business			Consumer			Total

		(In Thousands)
Allowance for unfunded commitments
Balance, January 1, 2025		$	619		$	4,833		$	653		$	496		$	1,468		$	434		$	8,503
Provision (credit) charged to expense			39			(239)			(33)			(78)			(40)			3			(348)
Balance, March 31, 2025		$	658		$	4,594		$	620		$	418		$	1,428		$	437		$	8,155

Allowance for unfunded commitments
Balance, January 1, 2026		$	967		$	4,580		$	699		$	637		$	1,302		$	363		$	8,548
Provision (credit) charged to expense			(105)			(582)			(90)			63			(215)			(2)			(931)
Balance, March 31, 2026		$	862		$	3,998		$	609		$	700		$	1,087		$	361		$	7,617

Schedule of loan modifications made to borrowers experiencing financial difficulty by the loan portfolio and type of concessions granted


		Amortized Cost Basis at December 31, 2025
		Interest Rate			Term						Total
		Reduction			Extension			Combination			Modifications

			(In Thousands)
Construction and land development		$	—		$	—		$	—		$	—
One- to four-family residential			—			—			—			—
Other residential (multi-family)			—			—			—			—
Commercial real estate			—			—			—			—
Commercial business			—			—			—			—
Consumer			5			—			—			5
		$	5		$	—		$	—		$	5

Schedule of loans by category and risk rating separated by origination and loan class

The following tables present a summary of loans by category and risk rating separated by origination year and loan class as of March 31, 2026 and December 31, 2025.


		Term Loans by Origination Year
																				Revolving
March 31, 2026		2026 YTD			2025			2024			2023			2022			Prior			Loans			Total

		(In Thousands)
One- to four-family residential construction
Satisfactory (1-4)		$	853		$	24,013		$	3,122		$	2,996		$	1,341		$	—		$	6,656		$	38,981
Watch (5)			—			—			—			—			—			—			—			—
Special Mention (6)			—			—			—			—			—			—			—			—
Classified (7-9)			—			—			—			—			—			—			—			—
Total			853			24,013			3,122			2,996			1,341			—			6,656			38,981
Current Period Gross Charge Offs			—			—			—			—			—			—			—			—

Subdivision construction
Satisfactory (1-4)			98			836			2,242			274			255			16,425			2,878			23,008
Watch (5)			—			—			—			—			—			—			—			—
Special Mention (6)			—			—			—			—			—			—			—			—
Classified (7-9)			—			—			—			—			—			—			—			—
Total			98			836			2,242			274			255			16,425			2,878			23,008
Current Period Gross Charge Offs			—			—			—			—			—			—			—			—

Construction and land development
Satisfactory (1-4)			1,511			13,018			8,976			6,497			3,590			7,103			2,860			43,555
Watch (5)			—			—			—			—			—			—			—			—
Special Mention (6)			—			—			—			—			—			—			—			—
Classified (7-9)			—			—			—			—			—			—			—			—
Total			1,511			13,018			8,976			6,497			3,590			7,103			2,860			43,555
Current Period Gross Charge Offs			—			—			—			—			—			—			—			—

Other construction
Satisfactory (1-4)			42,527			49,167			191,013			1,361			41,612			922			—			326,602
Watch (5)			—			—			—			—			—			—			—			—
Special Mention (6)			—			—			—			—			—			—			—			—
Classified (7-9)			—			—			—			—			—			—			—			—
Total			42,527			49,167			191,013			1,361			41,612			922			—			326,602
Current Period Gross Charge Offs			—			—			—			—			—			—			—			—

One- to four-family residential
Satisfactory (1-4)			33,554			62,379			34,841			44,163			263,195			340,919			1,319			780,370
Watch (5)			—			—			—			—			—			711			—			711
Special Mention (6)			—			—			—			—			—			—			—			—
Classified (7-9)			—			—			—			103			510			1,033			—			1,646
Total			33,554			62,379			34,841			44,266			263,705			342,663			1,319			782,727
Current Period Gross Charge Offs			—			—			—			—			—			—			—			—

Other residential (multi-family)
Satisfactory (1-4)			12,703			99,612			175,264			109,904			533,246			398,637			3,052			1,332,418
Watch (5)			—			—			—			—			—			2,651			—			2,651
Special Mention (6)			—			—			—			—			—			31,500			—			31,500
Classified (7-9)			—			—			—			—			2,725			—			—			2,725
Total			12,703			99,612			175,264			109,904			535,971			432,788			3,052			1,369,294
Current Period Gross Charge Offs			—			—			—			—			—			—			—			—

Commercial real estate
Satisfactory (1-4)			50,381			118,170			162,543			99,824			292,834			800,152			36,866			1,560,770
Watch (5)			—			—			—			—			10,145			2,941			—			13,086
Special Mention (6)			232			—			—			—			—			9,036			—			9,268
Classified (7-9)			—			—			—			—			—			—			—			—
Total			50,613			118,170			162,543			99,824			302,979			812,129			36,866			1,583,124
Current Period Gross Charge Offs			—			—			—			—			—			—			—			—

Commercial business
Satisfactory (1-4)			5,417			38,189			15,465			8,699			9,145			49,949			50,143			177,007
Watch (5)			—			—			—			—			764			2,397			—			3,161
Special Mention (6)			—			—			—			—			—			—			—			—
Classified (7-9)			—			—			—			14			—			—			—			14
Total			5,417			38,189			15,465			8,713			9,909			52,346			50,143			180,182
Current Period Gross Charge Offs			—			—			—			—			—			—			—			—

Consumer
Satisfactory (1-4)			4,509			13,661			8,647			3,810			1,978			7,627			137,751			177,983
Watch (5)			—			—			—			—			—			184			68			252
Special Mention (6)			—			—			—			—			—			—			983			983
Classified (7-9)			—			—			10			16			—			48			233			307
Total			4,509			13,661			8,657			3,826			1,978			7,859			139,035			179,525
Current Period Gross Charge Offs			—			11			12			8			7			239			32			309

Combined
Satisfactory (1-4)			151,553			419,045			602,113			277,528			1,147,196			1,621,734			241,525			4,460,694
Watch (5)			—			—			—			—			10,909			8,884			68			19,861
Special Mention (6)			232			—			—			—			—			40,536			983			41,751
Classified (7-9)			—			—			10			133			3,235			1,081			233			4,692
Total		$	151,785		$	419,045		$	602,123		$	277,661		$	1,161,340		$	1,672,235		$	242,809		$	4,526,998
Current Period Gross Charge Offs		$	—		$	11		$	12		$	8		$	7		$	239		$	32		$	309


		Term Loans by Origination Year
																				Revolving
December 31, 2025		2025			2024			2023			2022			2021			Prior			Loans			Total

		(In Thousands)
One- to four-family residential construction
Satisfactory (1-4)		$	18,452		$	4,606		$	2,611		$	1,242		$	—		$	—		$	3,347		$	30,258
Watch (5)			—			—			—			—			—			—			—			—
Special Mention (6)			—			—			—			—			—			—			—			—
Classified (7-9)			—			—			—			—			—			—			—			—
Total			18,452			4,606			2,611			1,242			—			—			3,347			30,258
Current Period Gross Charge Offs			—			—			—			—			—			—			—			—

Subdivision construction
Satisfactory (1-4)			924			2,745			278			260			16,146			428			11,379			32,160
Watch (5)			—			—			—			—			—			—			—			—
Special Mention (6)			—			—			—			—			—			—			—			—
Classified (7-9)			—			—			—			—			—			—			—			—
Total			924			2,745			278			260			16,146			428			11,379			32,160
Current Period Gross Charge Offs			—			—			—			—			—			—			—			—

Construction and land development
Satisfactory (1-4)			11,147			9,046			6,573			1,097			368			6,413			2,875			37,519
Watch (5)			—			—			—			—			—			—			—			—
Special Mention (6)			—			—			—			—			—			—			—			—
Classified (7-9)			—			—			—			—			—			—			—			—
Total			11,147			9,046			6,573			1,097			368			6,413			2,875			37,519
Current Period Gross Charge Offs			—			—			—			—			—			—			—			—

Other construction
Satisfactory (1-4)			35,846			166,912			7,448			38,049			969			—			—			249,224
Watch (5)			—			—			—			—			—			—			—			—
Special Mention (6)			—			—			—			—			—			—			—			—
Classified (7-9)			—			—			—			—			—			—			—			—
Total			35,846			166,912			7,448			38,049			969			—			—			249,224
Current Period Gross Charge Offs			—			—			—			—			—			—			—			—

One- to four-family residential
Satisfactory (1-4)			65,388			39,406			49,967			267,992			153,547			200,389			1,340			778,029
Watch (5)			—			—			—			—			—			724			—			724
Special Mention (6)			—			—			—			—			—			—			—			—
Classified (7-9)			—			28			71			507			268			1,756			614			3,244
Total			65,388			39,434			50,038			268,499			153,815			202,869			1,954			781,997
Current Period Gross Charge Offs			—			—			—			21			16			9			—			46

Other residential (multi-family)
Satisfactory (1-4)			99,386			153,763			113,657			541,044			266,906			182,230			2,999			1,359,985
Watch (5)			—			—			—			—			—			2,663			—			2,663
Special Mention (6)			—			—			—			—			24,762			—			—			24,762
Classified (7-9)			—			—			—			—			—			—			—			—
Total			99,386			153,763			113,657			541,044			291,668			184,893			2,999			1,387,410
Current Period Gross Charge Offs			—			—			—			—			—			—			—			—

Commercial real estate
Satisfactory (1-4)			122,684			142,179			93,260			305,833			194,448			640,276			34,936			1,533,616
Watch (5)			—			—			—			10,548			—			2,964			—			13,512
Special Mention (6)			—			—			—			—			—			9,020			—			9,020
Classified (7-9)			—			—			—			—			—			—			—			—
Total			122,684			142,179			93,260			316,381			194,448			652,260			34,936			1,556,148
Current Period Gross Charge Offs			—			—			—			—			8			—			—			8

Commercial business
Satisfactory (1-4)			31,698			22,010			9,959			13,490			15,629			38,256			44,170			175,212
Watch (5)			—			—			—			805			2,473			24			—			3,302
Special Mention (6)			—			—			—			—			—			—			—			—
Classified (7-9)			—			—			—			—			—			—			—			—
Total			31,698			22,010			9,959			14,295			18,102			38,280			44,170			178,514
Current Period Gross Charge Offs			—			—			—			—			—			135			44			179

Consumer
Satisfactory (1-4)			15,703			9,937			4,651			2,530			1,015			7,509			131,623			172,968
Watch (5)			—			—			—			—			—			188			70			258
Special Mention (6)			—			—			—			—			—			—			983			983
Classified (7-9)			—			10			15			2			11			43			158			239
Total			15,703			9,947			4,666			2,532			1,026			7,740			132,834			174,448
Current Period Gross Charge Offs			58			63			33			23			2			888			6			1,073

Combined
Satisfactory (1-4)			401,228			550,604			288,404			1,171,537			649,028			1,075,501			232,669			4,368,971
Watch (5)			—			—			—			11,353			2,473			6,563			70			20,459
Special Mention (6)			—			—			—			—			24,762			9,020			983			34,765
Classified (7-9)			—			38			86			509			279			1,799			772			3,483
Total		$	401,228		$	550,642		$	288,490		$	1,183,399		$	676,542		$	1,092,883		$	234,494		$	4,427,678
Current Period Gross Charge Offs		$	58		$	63		$	33		$	44		$	26		$	1,032		$	50		$	1,306