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

September 30,

  

December 31,

 

REAL ESTATE LOANS

 

2024

  

2023

 

Commercial ("CRE")

 $352,933  $366,328 

Construction and development

  292,366   303,054 

Home equity

  75,063   69,488 

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

  591,666   567,742 

Multi-family

  238,462   223,769 

Total real estate loans

  1,550,490   1,530,381 

CONSUMER LOANS

        

Indirect home improvement

  552,226   569,903 

Marine

  76,845   73,310 

Other consumer

  3,346   3,540 

Total consumer loans

  632,417   646,753 

COMMERCIAL BUSINESS LOANS

        

Commercial and industrial ("C&I")

  296,773   238,301 

Warehouse lending

  15,249   17,580 

Total commercial business loans

  312,022   255,881 

Total loans receivable, gross

  2,494,929   2,433,015 

ACL on loans

  (31,232)  (31,534)

Total loans receivable, net

 $2,463,697  $2,401,481 
Financing Receivable, Allowance for Credit Loss [Table Text Block]
  

At or For the Three Months Ended September 30, 2024

 
  

Real

      

Commercial

         

ACL ON LOANS

 

Estate

  

Consumer

  

Business

  

Unallocated

  

Total

 

Beginning balance

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

Provision for (reversal of) credit losses on loans

  46   2,102   (557)     1,591 

Charge-offs

     (1,964)        (1,964)

Recoveries

     361   6      367 

Net (charge-offs) recoveries

     (1,603)  6      (1,597)

Total ending ACL balance

 $14,134  $13,752  $3,346  $  $31,232 
  

At or For the Three Months Ended September 30, 2023

 
  

Real

      

Commercial

         

ACL ON LOANS

 

Estate

  

Consumer

  

Business

  

Unallocated

  

Total

 

Beginning balance

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

Provision for (reversal of) credit losses on loans

  496   426   (238)     684 

Charge-offs

     (830)        (830)

Recoveries

     297         297 

Net charge-offs

     (533)        (533)

Total ending ACL balance

 $12,803  $13,910  $3,788  $  $30,501 
  

At or For the Nine Months Ended September 30, 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

  27   3,660   326      4,013 

Charge-offs

     (4,465)  (1,141)     (5,606)

Recoveries

     1,200   91      1,291 

Net Charge-offs

     (3,265)  (1,050)     (4,315)

Total ending ACL balance

 $14,134  $13,752  $3,346  $  $31,232 
  

At or For the Nine Months Ended September 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

  690   3,383   29      4,102 

Charge-offs

  (10)  (2,415)  (1)     (2,426)

Recoveries

     833         833 

Net charge-offs

  (10)  (1,582)  (1)     (1,593)

Total ending ACL balance

 $12,803  $13,910  $3,788  $  $30,501 
Financing Receivable, Modified [Table Text Block]
  

Payment Deferral

  

Amortized Cost

  

% of Total Loan

  

September 30, 2024

 

Basis

  

Type

 

Financial Effect

CRE

 $1,130   0.3%

Deferred payments and capitalized interest for a weighted-average period of 2.3 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]
  

September 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

 $  $  $  $  $352,933  $352,933  $1,130 

Construction and development

        4,737   4,737   287,629   292,366   4,737 

Home equity

  173      156   329   74,734   75,063   156 

One-to-four-family

     794   1   795   590,871   591,666   166 

Multi-family

              238,462   238,462    

Total real estate loans

  173   794   4,894   5,861   1,544,629   1,550,490   6,189 

CONSUMER LOANS

                            

Indirect home improvement

  2,074   1,051   718   3,843   548,383   552,226   1,770 

Marine

  113   130   142   385   76,460   76,845   233 

Other consumer

  5   3      8   3,338   3,346   5 

Total consumer loans

  2,192   1,184   860   4,236   628,181   632,417   2,008 

COMMERCIAL BUSINESS LOANS

                            

C&I

     200   1,701   1,901   294,872   296,773   2,575 

Warehouse lending

              15,249   15,249    

Total commercial business loans

     200   1,701   1,901   310,121   312,022   2,575 

Total loans

 $2,365  $2,178  $7,455  $11,998  $2,482,931  $2,494,929  $10,772 
  

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]
  

September 30, 2024

 
                              

Revolving

     
                              Loans     

REAL ESTATE LOANS

 Term Loans by Year of Origination Revolving  Converted  Total 

CRE

 

2024

  

2023

  

2022

  

2021

  

2020

  

Prior

  

Loans

  

to Term

  

Loans

 

Pass

 $13,453  $47,964  $84,510  $57,376  $44,025  $67,735  $  $691  $315,754 

Watch

     3,152   10,742   12,716      6,568         33,178 

Special mention

                 397         397 

Substandard

              1,625   1,979         3,604 

Total CRE

  13,453   51,116   95,252   70,092   45,650   76,679      691   352,933 

Construction and development

                                    

Pass

  116,349   91,803   38,290   30,046      394   10,324      287,206 

Watch

           423               423 

Substandard

        4,737                  4,737 

Total construction and development

  116,349   91,803   43,027   30,469      394   10,324      292,366 

Home equity

                                    

Pass

  7,181   2,787   332   1,550   5,980   1,714   55,298   65   74,907 

Substandard

                 14   142      156 

Total home equity

  7,181   2,787   332   1,550   5,980   1,728   55,440   65   75,063 

One-to-four-family

                                    

Pass

  45,301   106,192   177,351   112,198   78,300   69,528         588,870 

Substandard

        745         2,051         2,796 

Total one-to-four-family

  45,301   106,192   178,096   112,198   78,300   71,579         591,666 

Multi-family

                                    

Pass

  209   7,050   20,177   90,403   60,088   60,535         238,462 

Total multi-family

  209   7,050   20,177   90,403   60,088   60,535         238,462 

Total real estate loans

 $182,493  $258,948  $336,884  $304,712  $190,018  $210,915  $65,764  $756  $1,550,490 
  

September 30, 2024

 
                              

Revolving

     
                              Loans     

CONSUMER LOANS

 Term Loans by Year of Origination Revolving  Converted  Total 

Indirect home improvement

 

2024

  

2023

  

2022

  

2021

  

2020

  

Prior

  

Loans

  

to Term

  

Loans

 

Pass

 $80,016  $140,198  $177,755  $78,798  $29,826  $43,861  $2  $  $550,456 

Substandard

  54   488   701   242   63   222         1,770 

Total indirect home improvement

  80,070   140,686   178,456   79,040   29,889   44,083   2      552,226 

Indirect home improvement gross charge-offs

  235   1,021   1,137   494   500   448         3,835 

Marine

                                    

Pass

  12,738   11,866   21,334   8,712   11,541   10,421         76,612 

Substandard

              41   192         233 

Total marine

  12,738   11,866   21,334   8,712   11,582   10,613         76,845 

Marine gross charge-offs

     21   128   51   128   151         479 

Other consumer

                                    

Pass

  219   145   384   83   43   146   2,321      3,341 

Substandard

  1                  4      5 

Total other consumer

  220   145   384   83   43   146   2,325      3,346 

Other consumer gross charge-offs

     33   6            112      151 

Total consumer loans

 $93,028  $152,697  $200,174  $87,835  $41,514  $54,842  $2,327  $  $632,417 
  

September 30, 2024

 

COMMERCIAL

                             

Revolving

     
         

Loans

     

BUSINESS LOANS

 Term Loans by Year of Origination  Revolving  Converted  Total 

C&I

 

2024

  

2023

  

2022

  

2021

  

2020

  

Prior

  

Loans

  

to Term

  

Loans

 

Pass

 $56,627  $20,708  $30,522  $17,288  $9,750  $11,787  $119,310  $846  $266,838 

Watch

     4,982      773   1,941      9,792      17,488 

Special mention

           555      605   1,408      2,568 

Substandard

     2,546      2,260   1,256   1,552   2,265      9,879 

Total C&I

  56,627   28,236   30,522   20,876   12,947   13,944   132,775   846   296,773 

C&I gross charge-offs

                 380   761      1,141 

Warehouse lending

                                    

Pass

                    13,254      13,254 

Special mention

                    1,995      1,995 

Total warehouse lending

                    15,249      15,249 

Total commercial business loans

 $56,627  $28,236  $30,522  $20,876  $12,947  $13,944  $148,024  $846  $312,022 
                                     

TOTAL LOANS RECEIVABLE, GROSS

                                    

Pass

 $332,093  $428,713  $550,655  $396,454  $239,553  $266,121  $200,509  $1,602  $2,415,700 

Watch

     8,134   10,742   13,912   1,941   6,568   9,792      51,089 

Special mention

           555      1,002   3,403      4,960 

Substandard

  55   3,034   6,183   2,502   2,985   6,010   2,411      23,180 

Total loans receivable, gross

 $332,148  $439,881  $567,580  $413,423  $244,479  $279,701  $216,115  $1,602  $2,494,929 

Total gross charge-offs

 $235  $1,075  $1,271  $545  $628  $979  $873  $  $5,606 
  

December 31, 2023

 
                              

Revolving

     
                              Loans     

REAL ESTATE LOANS

 Term Loans by Year of Origination Revolving  Converted  Total 

CRE

 

2023

  

2022

  

2021

  

2020

  

2019

  

Prior

  

Loans

  

to Term

  

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 Revolving  Converted  Total 

Indirect home improvement

 

2023

  

2022

  

2021

  

2020

  

2019

  

Prior

  

Loans

  

to Term

  

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

 
         

Revolving

     

COMMERCIAL

                             

Loans

     

BUSINESS LOANS

 Term Loans by Year of Origination  Revolving  Converted  Total 

C&I

 

2023

  

2022

  

2021

  

2020

  

2019

  

Prior

  

Loans

  

to Term

  

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]
  

September 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

 $1,130  $  $1,130  $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

  166      166   96      96 
   1,452   4,737   6,189   1,357   4,699   6,056 

CONSUMER LOANS

                        

Indirect home improvement

     1,770   1,770      1,863   1,863 

Marine

     233   233      342   342 

Other consumer

     5   5      8   8 
      2,008   2,008      2,213   2,213 

COMMERCIAL BUSINESS LOANS

                        

C&I

  1,650   925   2,575      2,683   2,683 

Total

 $3,102  $7,670  $10,772  $1,357  $9,595  $10,952 
Financing Receivable, Collateral Dependent Loans [Table Text Block]
  

September 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

 $1,130  $  $  $1,130  $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

     166      166      96      96 
   5,867   322      6,189   5,787   269      6,056 

CONSUMER LOANS

                                

Indirect home improvement

        1,770   1,770         1,863   1,863 

Marine

        233   233         342   342 
         2,003   2,003         2,205   2,205 

COMMERCIAL BUSINESS LOANS

                                

C&I

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

Total

 $5,867  $322  $4,578  $10,767  $5,787  $269  $4,888  $10,944