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Note 3 - Loans Receivable and Allowance for Credit Losses - Loans (Tables)
6 Months Ended
Jun. 30, 2024
Notes Tables  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
  

June 30,

  

December 31,

 

REAL ESTATE LOANS

 

2024

  

2023

 

Commercial ("CRE")

 $359,404  $366,328 

Construction and development

  274,209   303,054 

Home equity

  73,749   69,488 

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

  588,966   567,742 

Multi-family

  239,675   223,769 

Total real estate loans

  1,536,003   1,530,381 

CONSUMER LOANS

        

Indirect home improvement

  563,621   569,903 

Marine

  74,627   73,310 

Other consumer

  3,440   3,540 

Total consumer loans

  641,688   646,753 

COMMERCIAL BUSINESS LOANS

        

Commercial and industrial ("C&I")

  285,183   238,301 

Warehouse lending

  25,548   17,580 

Total commercial business loans

  310,731   255,881 

Total loans receivable, gross

  2,488,422   2,433,015 

ACL on loans

  (31,238)  (31,534)

Total loans receivable, net

 $2,457,184  $2,401,481 
Financing Receivable, Allowance for Credit Loss [Table Text Block]
  

At or For the Three Months Ended June 30, 2024

 
  

Real

      

Commercial

         

ACL ON LOANS

 

Estate

  

Consumer

  

Business

  

Unallocated

  

Total

 

Beginning balance

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

(Reversal of) provision for credit losses on loans

  (165)  914   252      1,001 

Charge-offs

     (1,015)  (733)     (1,748)

Recoveries

     421   85      506 

Net charge-offs

     (594)  (648)     (1,242)

Total ending ACL balance

 $14,088  $13,253  $3,897  $  $31,238 
  

At or For the Three Months Ended June 30, 2023

 
  

Real

      

Commercial

         

ACL ON LOANS

 

Estate

  

Consumer

  

Business

  

Unallocated

  

Total

 

Beginning balance

 $12,572  $13,401  $3,964  $  $29,937 

(Reversal of) provision for credit losses on loans

  (265)  1,266   62      1,063 

Charge-offs

     (876)        (876)

Recoveries

     226         226 

Net charge-offs

     (650)        (650)

Total ending ACL balance

 $12,307  $14,017  $4,026  $  $30,350 
  

At or For the Six Months Ended June 30, 2024

 
  

Real

      

Commercial

         

ACL ON LOANS

 

Estate

  

Consumer

  

Business

  

Unallocated

  

Total

 

Beginning balance

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

(Reversal of) provision for credit losses on loans

  (19)  1,558   883      2,422 

Charge-offs

     (2,501)  (1,141)     (3,642)

Recoveries

     839   85      924 

Net Charge-offs

     (1,662)  (1,056)     (2,718)

Total ending ACL balance

 $14,088  $13,253  $3,897  $  $31,238 
  

At or For the Six Months Ended June 30, 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

  194   2,957   267      3,418 

Charge-offs

  (10)  (1,585)  (1)     (1,596)

Recoveries

     536         536 

Net charge-offs

  (10)  (1,049)  (1)     (1,060)

Total ending ACL balance

 $12,307  $14,017  $4,026  $  $30,350 
Financing Receivable, Modified [Table Text Block]
  

Payment Deferral

  

Amortized Cost

  

% of Total Loan

  

June 30, 2024

 

Basis

  

Type

 

Financial Effect

CRE

 $1,116   0.3%

Deferred payments and capitalized interest for a weighted-average period of 2.0 years.

        

December 31, 2023

       

CRE

 $1,088   0.3%

Deferred payments and capitalized interest for a weighted-average period of 1.5 years.

  

Combination - Term Extension and Interest Rate Reduction

  

Amortized Cost

  

% of Total Loan

  

December 31, 2023

 

Basis

  

Type

 

Financial Effect

C&I

 $2,940   1.2%

Reduced weighted-average contractual interest rate from 7.5% to 4.1% and added a weighted-average 5 years to the life of the loans.

Financing Receivable, Past Due [Table Text Block]
  

June 30, 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

 $  $323  $  $323  $359,081  $359,404  $1,116 

Construction and development

        4,737   4,737   269,472   274,209   4,737 

Home equity

  24      156   180   73,569   73,749   156 

One-to-four-family

  78         78   588,888   588,966   170 

Multi-family

              239,675   239,675    

Total real estate loans

  102   323   4,893   5,318   1,530,685   1,536,003   6,179 

CONSUMER LOANS

                            

Indirect home improvement

  2,265   1,041   901   4,207   559,414   563,621   2,319 

Marine

  181   239   85   505   74,122   74,627   327 

Other consumer

  5   5   5   15   3,425   3,440   6 

Total consumer loans

  2,451   1,285   991   4,727   636,961   641,688   2,652 

COMMERCIAL BUSINESS LOANS

                            

C&I

        1,701   1,701   283,482   285,183   2,575 

Warehouse lending

              25,548   25,548    

Total commercial business loans

        1,701   1,701   309,030   310,731   2,575 

Total loans

 $2,553  $1,608  $7,585  $11,746  $2,476,676  $2,488,422  $11,406 
  

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]
  

June 30, 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

 $13,315  $47,571  $84,920  $58,041  $44,659  $76,866  $  $769  $326,141 

Watch

     3,168   10,793   12,776      2,199         28,936 

Special mention

                 401         401 

Substandard

              1,631   2,295         3,926 

Total CRE

  13,315   50,739   95,713   70,817   46,290   81,761      769   359,404 

Construction and development

                                    

Pass

  67,600   111,041   45,515   33,272   747   508   10,311      268,994 

Watch

           478               478 

Substandard

        4,737                  4,737 

Total construction and development

  67,600   111,041   50,252   33,750   747   508   10,311      274,209 

Home equity

                                    

Pass

  6,570   2,796   374   1,561   6,089   1,806   54,328   69   73,593 

Substandard

                 15   141      156 

Total home equity

  6,570   2,796   374   1,561   6,089   1,821   54,469   69   73,749 

One-to-four-family

                                    

Pass

  33,629   103,630   175,294   118,545   79,405   75,609         586,112 

Substandard

        792         2,062         2,854 

Total one-to-four-family

  33,629   103,630   176,086   118,545   79,405   77,671         588,966 

Multi-family

                                    

Pass

  93   7,069   20,253   90,611   60,311   61,338         239,675 

Total multi-family

  93   7,069   20,253   90,611   60,311   61,338         239,675 

Total real estate loans

 $121,207  $275,275  $342,678  $315,284  $192,842  $223,099  $64,780  $838  $1,536,003 
  

June 30, 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

 $58,842  $150,237  $189,391  $83,787  $31,830  $47,213  $2  $  $561,302 

Substandard

  42   534   795   515   214   219         2,319 

Total indirect home improvement

  58,884   150,771   190,186   84,302   32,044   47,432   2      563,621 

Indirect home improvement gross charge-offs

  38   480   721   219   225   306         1,989 

Marine

                                    

Pass

  7,798   12,440   21,823   9,240   12,119   10,880         74,300 

Substandard

              41   286         327 

Total marine

  7,798   12,440   21,823   9,240   12,160   11,166         74,627 

Marine gross charge-offs

     21   128   51   83   105         388 

Other consumer

                                    

Pass

  120   186   433   105   51   139   2,400      3,434 

Substandard

        1            5      6 

Total other consumer

  120   186   434   105   51   139   2,405      3,440 

Other consumer gross charge-offs

     33   6         24   61      124 

Total consumer loans

 $66,802  $163,397  $212,443  $93,647  $44,255  $58,737  $2,407  $  $641,688 
  

June 30, 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

 $32,106  $22,395  $31,209  $17,593  $10,159  $11,716  $128,359  $744  $254,281 

Watch

     4,978      743   2,082   502   10,711      19,016 

Special mention

           565      654   713      1,932 

Substandard

     2,718      2,280   1,290   1,552   2,114      9,954 

Total C&I

  32,106   30,091   31,209   21,181   13,531   14,424   141,897   744   285,183 

C&I gross charge-offs

                 380   761      1,141 

Warehouse lending

                                    

Pass

                    22,287      22,287 

Special mention

                    3,261      3,261 

Total warehouse lending

                    25,548      25,548 

Total commercial business loans

 $32,106  $30,091  $31,209  $21,181  $13,531  $14,424  $167,445  $744  $310,731 
                                     

TOTAL LOANS RECEIVABLE, GROSS

                                    

Pass

 $220,073  $457,365  $569,212  $412,755  $245,370  $286,075  $217,687  $1,582  $2,410,119 

Watch

     8,146   10,793   13,997   2,082   2,701   10,711      48,430 

Special mention

           565      1,055   3,974      5,594 

Substandard

  42   3,252   6,325   2,795   3,176   6,429   2,260      24,279 

Total loans receivable, gross

 $220,115  $468,763  $586,330  $430,112  $250,628  $296,260  $234,632  $1,582  $2,488,422 

Total gross charge-offs

 $38  $534  $855  $270  $308  $815  $822  $  $3,642 
  

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]
  

June 30, 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

 $1,116  $  $1,116  $1,088  $  $1,088 

Construction and development

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

Home equity

  156      156   173      173 

One-to-four-family

  170      170   96      96 
   1,442   4,737   6,179   1,357   4,699   6,056 

CONSUMER LOANS

                        

Indirect home improvement

     2,319   2,319      1,863   1,863 

Marine

     327   327      342   342 

Other consumer

     6   6      8   8 
      2,652   2,652      2,213   2,213 

COMMERCIAL BUSINESS LOANS

                        

C&I

  263   2,312   2,575      2,683   2,683 

Total

 $1,705  $9,701  $11,406  $1,357  $9,595  $10,952 
Financing Receivable, Collateral Dependent Loans [Table Text Block]
  

June 30, 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

 $1,116  $  $  $1,116  $1,088  $  $  $1,088 

Construction and development

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

Home equity

     156      156      173      173 

One-to-four-family

     170      170      96      96 
   5,853   326      6,179   5,787   269      6,056 

CONSUMER LOANS

                                

Indirect home improvement

        2,319   2,319         1,863   1,863 

Marine

        327   327         342   342 
         2,646   2,646         2,205   2,205 

COMMERCIAL BUSINESS LOANS

                                

C&I

        2,575   2,575         2,683   2,683 

Total

 $5,853  $326  $5,221  $11,400  $5,787  $269  $4,888  $10,944