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Note 3 - Loans Receivable and Allowance for Credit Losses - Loans (Tables)
3 Months Ended
Mar. 31, 2025
Notes Tables  
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]
  March 31,  December 31, 
  

2025

  

2024

 

COMMERCIAL REAL ESTATE ("CRE") LOANS

        

CRE owner occupied

 $164,911  $170,396 

CRE non-owner occupied

  174,188   174,921 

Commercial and speculative construction and development

  288,978   280,798 

Multi-family

  244,940   245,222 

Total CRE loans

  873,017   871,337 

RESIDENTIAL REAL ESTATE LOANS

        

One-to-four-family

  637,299   617,322 

Home equity

  73,846   75,147 

Residential custom construction

  48,810   49,902 

Total residential real estate

  759,955   742,371 

CONSUMER LOANS

        

Indirect home improvement

  532,038   541,946 

Marine

  73,737   74,931 

Other consumer

  3,118   3,304 

Total consumer loans

  608,893   620,181 

COMMERCIAL BUSINESS LOANS

        

Commercial and industrial (“C&I”)

  274,956   287,014 

Warehouse lending

  15,949   12,918 

Total commercial business loans

  290,905   299,932 

Total loans receivable, gross

  2,532,770   2,533,821 

ACL on loans

  (31,653)  (31,870)

Total loans receivable, net

 $2,501,117  $2,501,951 
Financing Receivable, Allowance for Credit Loss [Table Text Block]
  

At or For the Three Months Ended March 31, 2025

 
     Residential     Commercial    

ACL ON LOANS

 

CRE

  

Real Estate

  

Consumer

  

Business

  

Total

 

Beginning balance

 $7,001  $7,440  $14,185  $3,244  $31,870 

(Reversal of) provision for credit losses on loans

  (97)  35   1,960   (393)  1,505 

Charge-offs

        (1,636)  (433)  (2,069)

Recoveries

        347      347 

Net (charge-offs) recoveries

        (1,289)  (433)  (1,722)

Ending balance

 $6,904  $7,475  $14,856  $2,418  $31,653 
  

At or For the Three Months Ended March 31, 2024

 
     Residential     Commercial    

ACL ON LOANS

 

CRE

  

Real Estate

  

Consumer

  

Business

  

Total

 

Beginning balance

 $7,293  $6,814  $13,357  $4,070  $31,534 

(Reversal of) provision for credit losses on loans

  (812)  958   644   631   1,421 

Charge-offs

        (1,486)  (408)  (1,894)

Recoveries

        418      418 

Net charge-offs

        (1,068)  (408)  (1,476)

Ending balance

 $6,481  $7,772  $12,933  $4,293  $31,479 
Financing Receivable, Modified [Table Text Block]
  

March 31, 2025

 
  

Combination

     
  

Term

  

Total

 
  

Extension

  

Class of

 
  

Payment

  

Financing

 

CRE LOANS

 

Delay

  

Receivable

 

CRE owner occupied

 $1,196   0.7%
  

March 31, 2024

 
  

Combination

     
  

Term

  

Total

 
  

Extension

  

Class of

 
  

Interest Rate

  

Financing

 

CRE LOANS

 

Reduction

  

Receivable

 

CRE owner occupied

 $1,102   0.6%
  For the Three Months Ended March 31, 2025 

CRE LOANS

 

Weighted-Average Term Extension Payment Delay (in years)

 

CRE owner occupied

  2.7 
  For the Three Months Ended March 31, 2024 

CRE LOANS

 

Weighted-Average Term Extension Payment Delay (in years)

 

CRE owner occupied

  1.7 
Financing Receivable, Modified, Past Due [Table Text Block]
  

March 31, 2025

 
  

30-59

  

60-89

         
  

Days

  

Days

  

90 Days

  

Total

 
  

Past

  

Past

  

or More

  

Past

 

CRE LOANS

 

Due

  

Due

  

Past Due

  

Due

 

Commercial and speculative construction and development

 $  $  $6,487  $6,487 
Financing Receivable, Past Due [Table Text Block]
  

March 31, 2025

 
  30-59  60-89                     
  

Days

  

Days

  

90 Days

  

Total

      

Total

     
  

Past

  

Past

  

or More

  

Past

      

Loans

  

Non-

 

CRE LOANS

 

Due

  

Due

  

Past Due

  

Due

  

Current

  

Receivable

  

Accrual (1)

 

CRE owner occupied

 $844  $  $  $844  $164,067  $164,911  $1,196 

CRE non-owner occupied

              174,188   174,188    

Commercial and speculative construction and development

        6,487   6,487   282,491   288,978   6,487 

Multi-family

              244,940   244,940    

Total CRE loans

  844      6,487   7,331   865,686   873,017   7,683 

RESIDENTIAL REAL ESTATE LOANS

                            

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

  757      973   1,730   635,569   637,299   1,134 

Home equity

  53      125   178   73,668   73,846   252 

Residential custom construction

  432         432   48,378   48,810    

Total residential real estate loans

  1,242      1,098   2,340   757,615   759,955   1,386 

CONSUMER LOANS

                            

Indirect home improvement

  3,804   1,496   1,238   6,538   525,500   532,038   2,821 

Marine

  449   175   91   715   73,022   73,737   648 

Other consumer

  7   22   1   30   3,088   3,118   1 

Total consumer loans

  4,260   1,693   1,330   7,283   601,610   608,893   3,470 

COMMERCIAL BUSINESS LOANS

                            

C&I

  3      1,932   1,935   273,021   274,956   1,932 

Warehouse lending

              15,949   15,949    

Total commercial business loans

  3      1,932   1,935   288,970   290,905   1,932 

Total loans

 $6,349  $1,693  $10,847  $18,889  $2,513,881  $2,532,770  $14,471 
  

December 31, 2024

 
  30-59  60-89                     
  

Days

  

Days

  

90 Days

  

Total

      

Total

     
  

Past

  

Past

  

or More

  

Past

      

Loans

  

Non-

 

CRE LOANS

 

Due

  

Due

  

Past Due

  

Due

  

Current

  

Receivable

  

Accrual (1)

 

CRE owner occupied

 $845  $  $1,625  $2,470  $167,926  $170,396  $2,771 

CRE non-owner occupied

              174,921   174,921    

Commercial and speculative construction and development

        4,979   4,979   275,819   280,798   4,979 

Multi-family

              245,222   245,222    

Total CRE loans

  845      6,604   7,449   863,888   871,337   7,750 

RESIDENTIAL REAL ESTATE LOANS

                            

One-to-four-family

  2,507   253   76   2,836   614,486   617,322   164 

Home equity

  20      251   271   74,876   75,147   261 

Residential custom construction

  822         822   49,080   49,902    

Total residential real estate loans

  3,349   253   327   3,929   738,442   742,371   425 

CONSUMER LOANS

                            

Indirect home improvement

  3,920   1,787   758   6,465   535,481   541,946   1,677 

Marine

  718   150   40   908   74,023   74,931   289 

Other consumer

  17   1   13   31   3,273   3,304   14 

Total consumer loans

  4,655   1,938   811   7,404   612,777   620,181   1,980 

COMMERCIAL BUSINESS LOANS

                            

C&I

  118      3,331   3,449   283,565   287,014   3,446 

Warehouse lending

              12,918   12,918    

Total commercial business loans

  118      3,331   3,449   296,483   299,932   3,446 

Total loans

 $8,967  $2,191  $11,073  $22,231  $2,511,590  $2,533,821  $13,601 
Financing Receivable Credit Quality Indicators [Table Text Block]
  

March 31, 2025

 
                              

Revolving

     
                              

Loans

     

CRE LOANS

 

Term Loans by Year of Origination

  

Revolving

  

Converted

  

Total

 

CRE owner occupied

 

2025

  

2024

  

2023

  

2022

  

2021

  

Prior

  

Loans

  

to Term

  

Loans

 

Pass

 $163  $4,635  $32,690  $34,976  $12,545  $50,771  $  $  $135,780 

Watch

  149         9,253   12,589   4,710         26,701 

Special mention

                 390         390 

Substandard

                 2,040         2,040 

Total CRE owner occupied

  312   4,635   32,690   44,229   25,134   57,911         164,911 

CRE non-owner occupied

                                    

Pass

  1,311   8,365   16,370   48,655   35,908   56,507         167,116 

Watch

        3,116   1,380      2,576         7,072 

Total CRE non-owner occupied

  1,311   8,365   19,486   50,035   35,908   59,083         174,188 

Commercial and speculative construction and development

                                    

Pass

  20,651   138,895   59,090   23,987   29,156   365   10,347      282,491 

Substandard

           6,487               6,487 

Total commercial and speculative construction and development

  20,651   138,895   59,090   30,474   29,156   365   10,347      288,978 

Multi-family

                                    

Pass

  4,986   20,658   7,010   20,016   88,182   104,088         244,940 

Total multi-family

  4,986   20,658   7,010   20,016   88,182   104,088         244,940 

Total CRE loans

 $27,260  $172,553  $118,276  $144,754  $178,380  $221,447  $10,347  $  $873,017 
  

March 31, 2025

 

RESIDENTIAL

                             

Revolving

     

REAL ESTATE LOANS

                             

Loans

     

One-to-four-family

 

Term Loans by Year of Origination

  

Revolving

  

Converted

  

Total

 

(excludes loans held for sale)

 

2025

  

2024

  

2023

  

2022

  

2021

  

Prior

  

Loans

  

to Term

  

Loans

 

Pass

 $36,973  $67,486  $113,671  $169,969  $105,257  $140,215  $  $  $633,571 

Substandard

           725      3,003         3,728 

Total one-to-four-family

  36,973   67,486   113,671   170,694   105,257   143,218         637,299 

Home equity

                                    

Pass

  2,062   2,998   2,103   319   1,527   7,586   56,999      73,594 

Substandard

                 10   242      252 

Total home equity

  2,062   2,998   2,103   319   1,527   7,596   57,241      73,846 

Residential custom construction

                                    

Pass

  6,743   36,898   3,789   1,380               48,810 

Total residential custom construction

  6,743   36,898   3,789   1,380               48,810 

Total residential real estate loans

 $45,778  $107,382  $119,563  $172,393  $106,784  $150,814  $57,241  $  $759,955 
  

March 31, 2025

 
                              

Revolving

     
                              Loans     

CONSUMER LOANS

 Term Loans by Year of Origination Revolving  Converted  Total 

Indirect home improvement

 

2025

  

2024

  

2023

  

2022

  

2021

  

Prior

  

Loans

  

to Term

  

Loans

 

Pass

 $23,691  $90,628  $121,846  $158,422  $70,273  $64,357  $  $  $529,217 

Substandard

     427   622   940   306   526         2,821 

Total indirect home improvement

  23,691   91,055   122,468   159,362   70,579   64,883         532,038 

Indirect home improvement gross charge-offs

     281   395   538   181   184         1,579 

Marine

                                    

Pass

  1,489   12,449   10,994   19,869   8,139   20,149         73,089 

Substandard

           214   97   337         648 

Total marine

  1,489   12,449   10,994   20,083   8,236   20,486         73,737 

Marine gross charge-offs

     20                     20 

Other consumer

                                    

Pass

  84   254   77   279   31   154   2,238      3,117 

Substandard

                    1      1 

Total other consumer

  84   254   77   279   31   154   2,239      3,118 

Other consumer gross charge-offs

              2   8   27      37 

Total consumer loans

 $25,264  $103,758  $133,539  $179,724  $78,846  $85,523  $2,239  $  $608,893 

Total consumer loans gross charge-offs

 $  $301  $395  $538  $183  $192  $27  $  $1,636 
  

March 31, 2025

 
         

Revolving

     

COMMERCIAL

                             

Loans

     

BUSINESS LOANS

 Term Loans by Year of Origination  Revolving  Converted  Total 

C&I

 

2025

  

2024

  

2023

  

2022

  

2021

  

Prior

  

Loans

  

to Term

  

Loans

 

Pass

 $5,525  $57,442  $19,510  $19,628  $15,538  $12,972  $123,906  $  $254,521 

Watch

        4,991      666   1,658   3,191      10,506 

Special mention

              532   501   1,372      2,405 

Substandard

  205      2,131      1,795   2,504   889      7,524 

Total C&I

  5,730   57,442   26,632   19,628   18,531   17,635   129,358      274,956 

C&I gross charge-offs

              433            433 

Warehouse lending

                                    

Pass

                    14,062      14,062 

Special mention

                    1,887      1,887 

Total warehouse lending

                    15,949      15,949 

Total commercial business loans

 $5,730  $57,442  $26,632  $19,628  $18,531  $17,635  $145,307  $  $290,905 

Total commercial business loans gross charge-offs

 $  $  $  $  $433  $  $  $  $433 
                                     

TOTAL LOANS RECEIVABLE, GROSS

                                    

Pass

 $103,678  $440,708  $387,150  $497,500  $366,556  $457,164  $207,552  $  $2,460,308 

Watch

  149      8,107   10,633   13,255   8,944   3,191      44,279 

Special mention

              532   891   3,259      4,682 

Substandard

  205   427   2,753   8,366   2,198   8,420   1,132      23,501 

Total loans receivable, gross

 $104,032  $441,135  $398,010  $516,499  $382,541  $475,419  $215,134  $  $2,532,770 

Total gross charge-offs

 $  $301  $395  $538  $616  $192  $27  $  $2,069 
  

December 31, 2024

 
                              

Revolving

     
                              

Loans

     

CRE LOANS

 

Term Loans by Year of Origination

  

Revolving

  

Converted

  

Total

 

CRE owner occupied

 

2024

  

2023

  

2022

  

2021

  

2020

  

Prior

  

Loans

  

to Term

  

Loans

 

Pass

 $4,659  $31,943  $35,248  $15,653  $28,970  $22,926  $  $679  $140,078 

Watch

        9,300   12,654      4,354         26,308 

Special mention

                 394         394 

Substandard

              1,625   1,991         3,616 

Total CRE owner occupied

  4,659   31,943   44,548   28,307   30,595   29,665      679   170,396 

CRE non-owner occupied

                                    

Pass

  8,364   16,491   48,829   36,221   14,682   43,216         167,803 

Watch

     3,135   1,389         2,594         7,118 

Total CRE non-owner occupied

  8,364   19,626   50,218   36,221   14,682   45,810         174,921 

Commercial and speculative construction and development

                                    

Pass

  129,201   77,241   28,810   29,851      380   10,336      275,819 

Substandard

        4,979                  4,979 

Total commercial and speculative construction and development

  129,201   77,241   33,789   29,851      380   10,336      280,798 

Multi-family

                                    

Pass

  20,662   7,030   20,098   89,733   59,886   47,813         245,222 

Total multi-family

  20,662   7,030   20,098   89,733   59,886   47,813         245,222 

Total CRE loans

 $162,886  $135,840  $148,653  $184,112  $105,163  $123,668  $10,336  $679  $871,337 
  

December 31, 2024

 

RESIDENTIAL

                             

Revolving

     

REAL ESTATE LOANS

                             

Loans

     

One-to-four-family

 

Term Loans by Year of Origination

  

Revolving

  

Converted

  

Total

 

(excludes loans held for sale)

 

2024

  

2023

  

2022

  

2021

  

2020

  

Prior

  

Loans

  

to Term

  

Loans

 

Pass

 $77,602  $110,505  $174,355  $109,006  $76,653  $66,426  $  $  $614,547 

Substandard

        735         2,040         2,775 

Total one-to-four-family

  77,602   110,505   175,090   109,006   76,653   68,466         617,322 

Home equity

                                    

Pass

  6,501   2,379   326   1,538   5,930   1,631   56,430   151   74,886 

Substandard

                 14   247      261 

Total home equity

  6,501   2,379   326   1,538   5,930   1,645   56,677   151   75,147 

Residential custom construction

                                    

Pass

  38,741   9,771   1,390                  49,902 

Total residential custom construction

  38,741   9,771   1,390                  49,902 

Total residential real estate loans

 $122,844  $122,655  $176,806  $110,544  $82,583  $70,111  $56,677  $151  $742,371 
  

December 31, 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

 $98,516  $130,254  $167,896  $74,577  $28,045  $40,981  $  $  $540,269 

Substandard

  99   403   712   100   106   257         1,677 

Total indirect home improvement

  98,615   130,657   168,608   74,677   28,151   41,238         541,946 

Indirect home improvement gross charge-offs

  381   1,477   1,627   677   568   523         5,253 

Marine

                                    

Pass

  13,322   11,386   20,449   8,521   10,958   10,006         74,642 

Substandard

              106   183         289 

Total marine

  13,322   11,386   20,449   8,521   11,064   10,189         74,931 

Marine gross charge-offs

     21   128   51   128   237         565 

Other consumer

                                    

Pass

  310   93   334   56   35   126   2,336      3,290 

Substandard

           3         11      14 

Total other consumer

  310   93   334   59   35   126   2,347      3,304 

Other consumer gross charge-offs

  1   33   6         45   91      176 

Total consumer loans

 $112,247  $142,136  $189,391  $83,257  $39,250  $51,553  $2,347  $  $620,181 

Total consumer loans gross charge-offs

 $382  $1,531  $1,761  $728  $696  $805  $91  $  $5,994 
  

December 31, 2024

 
         

Revolving

     

COMMERCIAL

                             

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

 $65,491  $20,084  $20,091  $16,468  $6,135  $8,791  $120,899  $602  $258,561 

Watch

     4,987      722   1,799      4,183      11,691 

Special mention

           543      556   6,375      7,474 

Substandard

     2,373      2,243   1,255   1,296   2,121      9,288 

Total C&I

  65,491   27,444   20,091   19,976   9,189   10,643   133,578   602   287,014 

C&I gross charge-offs

                 380   761      1,141 

Warehouse lending

                                    

Pass

                    11,060      11,060 

Special mention

                    1,858      1,858 

Total warehouse lending

                    12,918      12,918 

Total commercial business loans

 $65,491  $27,444  $20,091  $19,976  $9,189  $10,643  $146,496  $602  $299,932 

Total commercial business loans gross charge-offs

 $  $  $  $  $  $380  $761  $  $1,141 
                                     

TOTAL LOANS RECEIVABLE, GROSS

                                    

Pass

 $463,369  $417,177  $517,826  $381,624  $231,294  $242,296  $201,061  $1,432  $2,456,079 

Watch

     8,122   10,689   13,376   1,799   6,948   4,183      45,117 

Special mention

           543      950   8,233      9,726 

Substandard

  99   2,776   6,426   2,346   3,092   5,781   2,379      22,899 

Total loans receivable, gross

 $463,468  $428,075  $534,941  $397,889  $236,185  $255,975  $215,856  $1,432  $2,533,821 

Total gross charge-offs

 $382  $1,531  $1,761  $728  $696  $1,185  $852  $  $7,135 
Financing Receivable, Nonaccrual [Table Text Block]
  

March 31, 2025

  

December 31, 2024

 
  

Nonaccrual with

  

Nonaccrual with

  

Total

  

Nonaccrual with

  

Nonaccrual with

  

Total

 

CRE LOANS

 

No ACL

  

ACL

  

Nonaccrual

  

No ACL

  

ACL

  

Nonaccrual

 

CRE owner occupied

 $1,196  $  $1,196  $2,771  $  $2,771 

Commercial and speculative construction and development

     6,487   6,487      4,979   4,979 
   1,196   6,487   7,683   2,771   4,979   7,750 
                         

RESIDENTIAL REAL ESTATE LOANS

                        

One-to-four-family

  1,134      1,134   164      164 

Home equity

  252      252   261      261 
   1,386      1,386   425      425 
                         

CONSUMER LOANS

                        

Indirect home improvement

     2,821   2,821      1,677   1,677 

Marine

     648   648      289   289 

Other consumer

     1   1      14   14 
      3,470   3,470      1,980   1,980 

COMMERCIAL BUSINESS LOANS

                        

C&I

  1,932      1,932   2,486   960   3,446 

Total

 $4,514  $9,957  $14,471  $5,682  $7,919  $13,601 
Financing Receivable, Collateral Dependent Loans [Table Text Block]
  

March 31, 2025

  

December 31, 2024

 
     

Residential

  

Other

         

Residential

  

Other

     
     Real  Non-Real         Real  Non-Real     

CRE LOANS

 

CRE

  

Estate

  

Estate

  

Total

  

CRE

  

Estate

  

Estate

  

Total

 

CRE owner occupied

 $1,196  $  $  $1,196  $2,771  $  $  $2,771 

Commercial and speculative construction and development

  6,487         6,487   4,979         4,979 
   7,683         7,683   7,750         7,750 
                         

RESIDENTIAL REAL ESTATE LOANS

                                

One-to-four-family

     1,134      1,134      164      164 

Home equity

     252      252      261      261 
      1,386      1,386      425      425 
                         

CONSUMER LOANS

                                

Indirect home improvement

        2,821   2,821         1,677   1,677 

Marine

        648   648         289   289 
         3,469   3,469         1,966   1,966 

COMMERCIAL BUSINESS LOANS

                                

C&I

        1,932   1,932         3,446   3,446 

Total

 $7,683  $1,386  $5,401  $14,470  $7,750  $425  $5,412  $13,587