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Note 4 - Loans Receivable and Allowance for Credit Losses - Loans (Tables)
3 Months Ended
Mar. 31, 2024
Notes Tables  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
  

March 31,

  

December 31,

 

REAL ESTATE LOANS

 

2024

  

2023

 

Commercial ("CRE")

 $359,055  $366,328 

Construction and development

  301,346   303,054 

Home equity

  73,323   69,488 

One-to-four-family (excludes loans held for sale)

  580,050   567,742 

Multi-family

  222,410   223,769 

Total real estate loans

  1,536,184   1,530,381 

CONSUMER LOANS

        

Indirect home improvement

  568,802   569,903 

Marine

  73,921   73,310 

Other consumer

  3,409   3,540 

Total consumer loans

  646,132   646,753 

COMMERCIAL BUSINESS LOANS

        

Commercial and industrial

  256,429   238,301 

Warehouse lending

  8,113   17,580 

Total commercial business loans

  264,542   255,881 

Total loans receivable, gross

  2,446,858   2,433,015 

ACL on loans

  (31,479)  (31,534)

Total loans receivable, net

 $2,415,379  $2,401,481 
Financing Receivable, Allowance for Credit Loss [Table Text Block]
  

At or For the Three Months Ended March 31, 2024

 
  

Real

      

Commercial

         

ACL ON LOANS

 

Estate

  

Consumer

  

Business

  

Unallocated

  

Total

 

Beginning balance

 $14,107  $13,357  $4,070  $  $31,534 

Provision for credit losses on loans

  146   644   631      1,421 

Charge-offs

     (1,486)  (408)     (1,894)

Recoveries

     418         418 

Net charge-offs

     (1,068)  (408)     (1,476)

Total ending ACL balance

 $14,253  $12,933  $4,293  $  $31,479 
  

At or For the Three Months Ended March 31, 2023

 
  

Real

      

Commercial

         

ACL ON LOANS

 

Estate

  

Consumer

  

Business

  

Unallocated

  

Total

 

Beginning balance

 $12,123  $12,109  $3,760  $  $27,992 

Provision for credit losses on loans

  459   1,691   205      2,355 

Charge-offs

  (10)  (709)  (1)     (720)

Recoveries

     310         310 

Net charge-offs

  (10)  (399)  (1)     (410)

Total ending ACL balance

 $12,572  $13,401  $3,964  $  $29,937 
Financing Receivable, Modified [Table Text Block]
 

Payment Deferral

 

Amortized Cost

% of Total Loan

  

For the three months ended March 31, 2024

Basis

Type

 

Financial Effect

CRE

$1,1020.3% 

Deferred payments and capitalized interest for adding a weighted-average period of 1.7 years to the life of the loans.

      
 

Combination - Term Extension and Interest Rate Reduction

 

Amortized Cost

% of Total Loan

  

For the three months ended March 31, 2023

Basis

Type

 

Financial Effect

C&I

$

3,709

1.7

%

Reduced weighted-average contractual interest rate from 7.5% to 4.1%, and added a weighted-average period of 5.0 years to the life of the loans.

     
Financing Receivable, Past Due [Table Text Block]
  

March 31, 2024

 
  30-59  60-89                     
  

Days

  

Days

  

90 Days

  

Total

      

Total

     
  

Past

  

Past

  

or More

  

Past

      

Loans

  

Non-

 

REAL ESTATE LOANS

 

Due

  

Due

  

Past Due

  

Due

  

Current

  

Receivable

  

Accrual (1)

 

CRE

 $  $  $  $  $359,055  $359,055  $1,102 

Construction and development

  4,737         4,737   296,609   301,346   4,737 

Home equity

  16   26   137   179   73,144   73,323   170 

One-to-four-family

        80   80   579,970   580,050   173 

Multi-family

              222,410   222,410    

Total real estate loans

  4,753   26   217   4,996   1,531,188   1,536,184   6,182 

CONSUMER LOANS

                            

Indirect home improvement

  1,657   717   651   3,025   565,777   568,802   2,195 

Marine

  295   86   85   466   73,455   73,921   385 

Other consumer

  22   2   1   25   3,384   3,409   3 

Total consumer loans

  1,974   805   737   3,516   642,616   646,132   2,583 

COMMERCIAL BUSINESS LOANS

                            

C&I

  167      2,257   2,424   254,005   256,429   3,341 

Warehouse lending

              8,113   8,113    

Total commercial business loans

  167      2,257   2,424   262,118   264,542   3,341 

Total loans

 $6,894  $831  $3,211  $10,936  $2,435,922  $2,446,858  $12,106 
  

December 31, 2023

 
  30-59  60-89                     
  

Days

  

Days

  

90 Days

  

Total

      

Total

     
  

Past

  

Past

  

or More

  

Past

      

Loans

  

Non-

 

REAL ESTATE LOANS

 

Due

  

Due

  

Past Due

  

Due

  

Current

  

Receivable

  

Accrual (1)

 

CRE

 $  $  $  $  $366,328  $366,328  $1,088 

Construction and development

              303,054   303,054   4,699 

Home equity

  79   25   136   240   69,248   69,488   173 

One-to-four-family

     96      96   567,646   567,742   96 

Multi-family

              223,769   223,769    

Total real estate loans

  79   121   136   336   1,530,045   1,530,381   6,056 

CONSUMER LOANS

                            

Indirect home improvement

  1,759   1,248   777   3,784   566,119   569,903   1,863 

Marine

  373   243   137   753   72,557   73,310   342 

Other consumer

  57   18   6   81   3,459   3,540   8 

Total consumer loans

  2,189   1,509   920   4,618   642,135   646,753   2,213 

COMMERCIAL BUSINESS LOANS

                            

C&I

        2,514   2,514   235,787   238,301   2,683 

Warehouse lending

              17,580   17,580    

Total commercial business loans

        2,514   2,514   253,367   255,881   2,683 

Total loans

 $2,268  $1,630  $3,570  $7,468  $2,425,547  $2,433,015  $10,952 
Financing Receivable Credit Quality Indicators [Table Text Block]
  

March 31, 2024

 
                              

Revolving Loans

     

REAL ESTATE LOANS

 

Term Loans by Year of Origination

      

Converted

     

CRE

 

2024

  

2023

  

2022

  

2021

  

2020

  

Prior

  

Revolving Loans

  

to Term

  

Total Loans

 

Pass

 $3,034  $46,629  $85,321  $60,749  $45,012  $84,134  $  $73  $324,952 

Watch

     3,185   10,843   12,835      2,665   244      29,772 

Special mention

                 404         404 

Substandard

              1,641   2,286         3,927 

Total CRE

  3,034   49,814   96,164   73,584   46,653   89,489   244   73   359,055 

Construction and development

                                    

Pass

  21,765   133,438   74,758   40,355   15,220   526   10,547      296,609 

Substandard

        4,737                  4,737 

Total construction and development

  21,765   133,438   79,495   40,355   15,220   526   10,547      301,346 

Home equity

                                    

Pass

  4,095   4,364   381   1,573   6,397   1,971   54,372      73,153 

Substandard

                 33   137      170 

Total home equity

  4,095   4,364   381   1,573   6,397   2,004   54,509      73,323 

One-to-four-family

                                    

Pass

  18,276   102,210   172,463   124,529   80,342   79,296         577,116 

Substandard

        862         2,072         2,934 

Total one-to-four-family

  18,276   102,210   173,325   124,529   80,342   81,368         580,050 

Multi-family

                                    

Pass

  93   7,087   20,328   90,820   42,296   61,786         222,410 

Total multi-family

  93   7,087   20,328   90,820   42,296   61,786         222,410 

Total real estate loans

 $47,263  $296,913  $369,693  $330,861  $190,908  $235,173  $65,300  $73  $1,536,184 
  

March 31, 2024

 
                              

Revolving Loans

     

CONSUMER LOANS

 

Term Loans by Year of Origination

      

Converted

     

Indirect home improvement

 

2024

  

2023

  

2022

  

2021

  

2020

  

Prior

  

Revolving Loans

  

to Term

  

Total Loans

 

Pass

 $31,369  $160,726  $201,319  $88,557  $33,947  $50,684  $5  $  $566,607 

Substandard

     385   799   469   205   337         2,195 

Total indirect home improvement

  31,369   161,111   202,118   89,026   34,152   51,021   5      568,802 

Indirect home improvement gross charge-offs

     211   499   183   45   225         1,163 

Marine

                                    

Pass

  3,780   13,093   22,512   9,685   12,679   11,787         73,536 

Substandard

        55      126   204         385 

Total marine

  3,780   13,093   22,567   9,685   12,805   11,991         73,921 

Marine gross charge-offs

        75   51      105         231 

Other consumer

                                    

Pass

  50   237   491   143   59   143   2,283      3,406 

Substandard

                    3      3 

Total other consumer

  50   237   491   143   59   143   2,286      3,409 

Other consumer gross charge-offs

     33   6         16   37      92 

Total consumer loans

 $35,199  $174,441  $225,176  $98,854  $47,016  $63,155  $2,291  $  $646,132 
  

March 31, 2024

 

COMMERCIAL

                             

Revolving Loans

     

BUSINESS LOANS

 

Term Loans by Year of Origination

      

Converted

     

C&I

 

2024

  

2023

  

2022

  

2021

  

2020

  

Prior

  

Revolving Loans

  

to Term

  

Total Loans

 

Pass

 $9,500  $21,168  $32,498  $18,602  $10,837  $13,158  $120,156  $25  $225,944 

Watch

     4,458      758   2,224   931   9,305      17,676 

Special mention

           575      701   942      2,218 

Substandard

     2,915      2,302   1,342   1,933   2,099      10,591 

Total C&I

  9,500   28,541   32,498   22,237   14,403   16,723   132,502   25   256,429 

C&I gross charge-offs

                    408      408 

Warehouse lending

                                    

Pass

                    8,111      8,111 

Watch

                    2      2 

Total warehouse lending

                    8,113      8,113 

Total commercial business loans

 $9,500  $28,541  $32,498  $22,237  $14,403  $16,723  $140,615  $25  $264,542 
                                     

TOTAL LOANS RECEIVABLE, GROSS

                                    

Pass

 $91,962  $488,952  $610,071  $435,013  $246,789  $303,485  $195,474  $98  $2,371,844 

Watch

     7,643   10,843   13,593   2,224   3,596   9,551      47,450 

Special mention

           575      1,105   942      2,622 

Substandard

     3,300   6,453   2,771   3,314   6,865   2,239      24,942 

Total loans receivable, gross

 $91,962  $499,895  $627,367  $451,952  $252,327  $315,051  $208,206  $98  $2,446,858 

Total gross charge-offs

 $  $244  $580  $234  $45  $346  $445  $  $1,894 
  

December 31, 2023

 
                              

Revolving Loans

     

REAL ESTATE LOANS

 

Term Loans by Year of Origination

      

Converted

     

CRE

 

2023

  

2022

  

2021

  

2020

  

2019

  

Prior

  

Revolving Loans

  

to Term

  

Total Loans

 

Pass

 $48,551  $91,144  $61,689  $46,117  $27,957  $61,764  $499  $  $337,721 

Watch

  3,201   5,446   12,894      453   2,226   45      24,265 

Special mention

              409            409 

Substandard

           1,650      1,957      326   3,933 

Total CRE

  51,752   96,590   74,583   47,767   28,819   65,947   544   326   366,328 

Construction and development

                                    

Pass

  120,155   106,168   46,989   15,219      540   9,284      298,355 

Substandard

     4,699                     4,699 

Total construction and development

  120,155   110,867   46,989   15,219      540   9,284      303,054 

Home equity

                                    

Pass

  4,583   398   1,584   6,525   11   2,137   54,077      69,315 

Substandard

                 36   137      173 

Total home equity

  4,583   398   1,584   6,525   11   2,173   54,214      69,488 

Home equity gross charge-offs

                          10       10 

One-to-four-family

                                   

Pass

  103,165   175,412   122,406   80,815   30,595   52,008      472   564,873 

Substandard

     866            2,003         2,869 

Total one-to-four-family

  103,165   176,278   122,406   80,815   30,595   54,011      472   567,742 

Multi-family

                                    

Pass

  7,106   20,404   91,047   42,511   37,990   24,711         223,769 

Total multi-family

  7,106   20,404   91,047   42,511   37,990   24,711         223,769 

Total real estate loans

 $286,761  $404,537  $336,609  $192,837  $97,415  $147,382  $64,042  $798  $1,530,381 
  

December 31, 2023

 
                              

Revolving Loans

     

CONSUMER LOANS

 

Term Loans by Year of Origination

      

Converted

     

Indirect home improvement

 

2023

  

2022

  

2021

  

2020

  

2019

  

Prior

  

Revolving Loans

  

to Term

  

Total Loans

 

Pass

 $171,208  $212,661  $93,664  $36,032  $23,977  $30,492  $6  $  $568,040 

Substandard

  212   663   448   141   258   141         1,863 

Total indirect home improvement

  171,420   213,324   94,112   36,173   24,235   30,633   6      569,903 

Indirect home improvement gross charge-offs

  204   1,386   567   290   145   336         2,928 

Marine

                                    

Pass

  13,619   23,963   9,987   13,082   5,267   7,050         72,968 

Substandard

        52   85      205         342 

Total marine

  13,619   23,963   10,039   13,167   5,267   7,255         73,310 

Marine gross charge-offs

     47   93      7   256         403 

Other consumer

                                    

Pass

  309   559   175   69   3   159   2,258      3,532 

Substandard

                    8      8 

Total other consumer

  309   559   175   69   3   159   2,266      3,540 

Other consumer gross charge-offs

     2   12            120      134 

Total consumer loans

 $185,348  $237,846  $104,326  $49,409  $29,505  $38,047  $2,272  $  $646,753 
  

December 31, 2023

 

COMMERCIAL

                             

Revolving Loans

     

BUSINESS LOANS

 

Term Loans by Year of Origination

      

Converted

     

C&I

 

2023

  

2022

  

2021

  

2020

  

2019

  

Prior

  

Revolving Loans

  

to Term

  

Total Loans

 

Pass

 $13,971  $32,334  $19,634  $11,537  $5,122  $9,707  $119,844  $145  $212,294 

Watch

  2,322      1,382   2,366      953   5,754      12,777 

Special mention

  143            498   253   1,345      2,239 

Substandard

  2,940      2,321   1,391   1,766   169   2,005      10,592 

Doubtful

                    399      399 

Total C&I

  19,376   32,334   23,337   15,294   7,386   11,082   129,347   145   238,301 

C&I gross charge-offs

        1                  1 

Warehouse lending

                                    

Pass

                    17,003      17,003 

Watch

                    577      577 

Total warehouse lending

                    17,580      17,580 

Total commercial business loans

 $19,376  $32,334  $23,337  $15,294  $7,386  $11,082  $146,927  $145  $255,881 
                                     

TOTAL LOANS RECEIVABLE, GROSS

                                    

Pass

 $482,667  $663,043  $447,175  $251,907  $130,922  $188,568  $202,971  $617  $2,367,870 

Watch

  5,523   5,446   14,276   2,366   453   3,179   6,376      37,619 

Special mention

  143            907   253   1,345      2,648 

Substandard

  3,152   6,228   2,821   3,267   2,024   4,511   2,150   326   24,479 

Doubtful

                    399      399 

Total loans receivable, gross

 $491,485  $674,717  $464,272  $257,540  $134,306  $196,511  $213,241  $943  $2,433,015 

Total gross charge-offs

 $204  $1,435  $673  $290  $152  $592  $130  $  $3,476 
Financing Receivable, Nonaccrual [Table Text Block]
  

March 31, 2024

  

December 31, 2023

 
  

Nonaccrual with

  

Nonaccrual with

  

Total

  

Nonaccrual with

  

Nonaccrual with

  

Total

 

REAL ESTATE LOANS

 

No ACL

  

ACL

  

Nonaccrual

  

No ACL

  

ACL

  

Nonaccrual

 

CRE

 $1,102  $  $1,102  $1,088  $  $1,088 

Construction and development

     4,737   4,737      4,699   4,699 

Home equity

  170      170   173      173 

One-to-four-family

  173      173   96      96 
   1,445   4,737   6,182   1,357   4,699   6,056 

CONSUMER LOANS

                        

Indirect home improvement

     2,195   2,195      1,863   1,863 

Marine

     385   385      342   342 

Other consumer

     3   3      8   8 
      2,583   2,583      2,213   2,213 

COMMERCIAL BUSINESS LOANS

                        

C&I

  292   3,049   3,341      2,683   2,683 

Total

 $1,737  $10,369  $12,106  $1,357  $9,595  $10,952 
Financing Receivable, Collateral Dependent Loans [Table Text Block]
  

March 31, 2024

  

December 31, 2023

 
  

Commercial

  

Residential

  

Other

      

Commercial

  

Residential

  

Other

     

REAL ESTATE LOANS

 

Real Estate

  

Real Estate

  

Non-Real Estate

  

Total

  

Real Estate

  

Real Estate

  

Non-Real Estate

  

Total

 

CRE

 $1,102  $  $  $1,102  $1,088  $  $  $1,088 

Construction and development

  4,737         4,737   4,699         4,699 

Home equity

     170      170      173      173 

One-to-four-family

     173      173      96      96 
   5,839   343      6,182   5,787   269      6,056 

CONSUMER LOANS

                                

Indirect home improvement

        2,195   2,195         1,863   1,863 

Marine

        385   385         342   342 
         2,580   2,580         2,205   2,205 

COMMERCIAL BUSINESS LOANS

                                

C&I

        3,341   3,341         2,683   2,683 

Total

 $5,839  $343  $5,921  $12,103  $5,787  $269  $4,888  $10,944