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Note 3 - Loans Receivable (Tables)

6 Months Ended

Jun. 30, 2025

Notes Tables

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

		June 30, 2025				December 31, 2024
		(In Thousands)
Mortgage loans:
Residential real estate:
One- to four-family		$	503,343			$	516,128
Multi-family			725,352				741,428
Home equity			13,362				13,188
Construction and land			69,760				61,427
Commercial real estate			321,977				313,494
Consumer			828				825
Commercial loans			29,651				34,086
Total		$	1,664,273			$	1,680,576

Financing Receivable, Past Due [Table Text Block]

		As of June 30, 2025
		1-59 Days Past Due (1)				60-89 Days Past Due (2)				90 Days or Greater				Total Past Due				Current (3)				Total Loans
		(In Thousands)
Mortgage loans:
Residential real estate:
One- to four-family		$	3,800			$	1,008			$	6,085			$	10,893			$	492,450			$	503,343
Multi-family			246				-				182				428				724,924				725,352
Home equity			-				76				14				90				13,272				13,362
Construction and land			-				-				-				-				69,760				69,760
Commercial real estate			-				-				75				75				321,902				321,977
Consumer			-				-				-				-				828				828
Commercial loans			13				-				-				13				29,638				29,651
Total		$	4,059			$	1,084			$	6,356			$	11,499			$	1,652,774			$	1,664,273

		As of December 31, 2024
		1-59 Days Past Due (1)				60-89 Days Past Due (2)				90 Days or Greater				Total Past Due				Current (3)				Total Loans
		(In Thousands)
Mortgage loans:
Residential real estate:
One- to four-family		$	9,107			$	1,405			$	3,955			$	14,467			$	501,661			$	516,128
Multi-family			183				-				-				183				741,245				741,428
Home equity			194				-				30				224				12,964				13,188
Construction and land			-				-				-				-				61,427				61,427
Commercial real estate			248				-				-				248				313,246				313,494
Consumer			-				-				-				-				825				825
Commercial loans			-				-				-				-				34,086				34,086
Total		$	9,732			$	1,405			$	3,985			$	15,122			$	1,665,454			$	1,680,576

Financing Receivable, Allowance for Credit Loss [Table Text Block]

		One- to Four-Family				Multi-Family				Home Equity				Land and Construction				Commercial Real Estate				Consumer				Commercial				Total
		(In Thousands)
Six months ended June 30, 2025
Balance at beginning of period		$	5,286			$	7,079			$	212			$	1,205			$	3,920			$	79			$	466			$	18,247
Provision (credit) for credit losses - loans			(213	)			(424	)			(15	)			(26	)			267				15				(73	)			(469	)
Charge-offs			-				-				-				-				-				(25	)			-				(25	)
Recoveries			37				-				-				2				-				8				-				47
Balance at end of period		$	5,110			$	6,655			$	197			$	1,181			$	4,187			$	77			$	393			$	17,800
Six months ended June 30, 2024
Balance at beginning of period		$	6,886			$	7,318			$	211			$	983			$	2,561			$	56			$	534			$	18,549
Provision (credit) for credit losses - loans			(1,062	)			(47	)			62				243				664				20				(26	)			(146	)
Charge-offs			(3	)			-				-				-				-				(12	)			-				(15	)
Recoveries			17				5				-				2				2				-				-				26
Balance at end of period		$	5,838			$	7,276			$	273			$	1,228			$	3,227			$	64			$	508			$	18,414

		One to-Four- Family				Multi-Family				Home Equity				Construction and Land				Commercial Real Estate				Consumer				Commercial				Total
		(In Thousands)
Three months ended June 30, 2025
Balance at beginning of period		$	4,979			$	6,938			$	193			$	1,042			$	4,173			$	77			$	503			$	17,905
Provision (credit) for credit losses - loans			126				(283	)			4				138				14				(4	)			(110	)			(115	)
Charge-offs			-				-				-				-				-				(4	)			-				(4	)
Recoveries			5				-				-				1				-				8				-				14
Balance at end of period		$	5,110			$	6,655			$	197			$	1,181			$	4,187			$	77			$	393			$	17,800
Three months ended June 30, 2024
Balance at beginning of period		$	6,609			$	7,367			$	229			$	1,111			$	2,610			$	55			$	568			$	18,549
Provision (credit) for credit losses - loans			(778	)			(94	)			44				116				616				13				(60	)			(143	)
Charge-offs			-				-				-				-				-				(4	)			-				(4	)
Recoveries			7				3				-				1				1				-				-				12
Balance at end of period		$	5,838			$	7,276			$	273			$	1,228			$	3,227			$	64			$	508			$	18,414

Schedule of Allowance for Credit Losses [Table Text Block]

		Three months ended								Six months ended
		June 30, 2025				June 30, 2024				June 30, 2025				June 30, 2024
		(In Thousands)
Provision (credit) for credit losses on:
Loans		$	(115	)		$	(143	)		$	(469	)		$	(146	)
Unfunded commitments			106				(82	)			(98	)			(12	)
Investment securities			-				-				-				-
Total		$	(9	)		$	(225	)		$	(567	)		$	(158	)

Schedule of Collateral Dependent Loans [Table Text Block]

		June 30, 2025				December 31, 2024
		(In Thousands)
Collateral dependent loans
Residential real estate:
One- to four-family		$	5,025			$	3,323
Multi family			182				-
Home equity			196				150
Construction and land			-				-
Commercial real estate			11,493				5,015
Consumer			-				-
Commercial loans			1,471				1,605
Total loans receivable		$	18,367			$	10,093

Financing Receivable Credit Quality Indicators [Table Text Block]

		One to Four-Family				Multi-Family				Home Equity				Construction and Land				Commercial Real Estate				Consumer				Commercial				Total
		(In Thousands)
At June 30, 2025
Substandard		$	7,672			$	182			$	196			$	-			$	11,694			$	-			$	1,520			$	21,264
Watch			8,845				-				-				141				602				-				-				9,588
Pass			486,826				725,170				13,166				69,619				309,681				828				28,131				1,633,421
		$	503,343			$	725,352			$	13,362			$	69,760			$	321,977			$	828			$	29,651			$	1,664,273
At December 31, 2024
Substandard		$	5,515			$	-			$	150			$	-			$	11,721			$	-			$	1,605			$	18,991
Watch			9,675				183				-				143				743				-				75				10,819
Pass			500,938				741,245				13,038				61,284				301,030				825				32,406				1,650,766
		$	516,128			$	741,428			$	13,188			$	61,427			$	313,494			$	825			$	34,086			$	1,680,576

		2025				2024				2023				2022				2021				Prior				Revolving				Total
		(In Thousands)
One- to four-family
Pass		$	9,621			$	30,246			$	162,336			$	148,639			$	39,486			$	96,086			$	412			$	486,826
Watch			6,566				75				894				705				-				605				-				8,845
Substandard			2,257				894				610				1,076				-				2,835				-				7,672
Total			18,444				31,215				163,840				150,420				39,486				99,526				412				503,343
Multi-family
Pass			51,784				72,954				122,569				174,469				128,173				174,848				373			$	725,170
Watch			-				-				-				-				-				-				-				-
Substandard			182				-				-				-				-				-				-				182
Total			51,966				72,954				122,569				174,469				128,173				174,848				373				725,352
Home equity
Pass			146				366				463				1,553				70				284				10,284			$	13,166
Watch			-				-				-				-				-				-				-				-
Substandard			-				-				-				15				14				-				167				196
Total			146				366				463				1,568				84				284				10,451				13,362
Construction and land
Pass			809				43,146				25,648				-				-				-				16			$	69,619
Watch			-				-				-				141				-				-				-				141
Substandard			-				-				-				-				-				-				-				-
Total			809				43,146				25,648				141				-				-				16				69,760
Commercial Real Estate
Pass			25,573				63,543				63,066				47,487				56,580				51,716				1,716			$	309,681
Watch			-				202				-				400				-				-				-				602
Substandard			11,385				75				234				-				-				-				-				11,694
Total			36,958				63,820				63,300				47,887				56,580				51,716				1,716				321,977
Consumer
Pass			-				-				-				-				-				-				828			$	828
Watch			-				-				-				-				-				-				-				-
Substandard			-				-				-				-				-				-				-				-
Total			-				-				-				-				-				-				828				828
Commercial
Pass			859				744				16,651				981				435				1,887				6,574			$	28,131
Watch			-				-				-				-				-				-				-				-
Substandard			-				-				-				70				-				-				1,450				1,520
Total			859				744				16,651				1,051				435				1,887				8,024				29,651
Total Loans		$	109,182			$	212,245			$	392,471			$	375,536			$	224,758			$	328,261			$	21,820			$	1,664,273
Gross charge-offs		$	-			$	-			$	-			$	-			$	-			$	-			$	25			$	25

		2024				2023				2022				2021				2020				Prior				Revolving				Total
		(In Thousands)
One- to four-family
Pass		$	33,349			$	172,934			$	146,069			$	41,704			$	26,323			$	79,948			$	611			$	500,938
Watch			7,504				106				1,286				-				72				707				-				9,675
Substandard			1,673				815				453				-				-				2,574				-				5,515
Total			42,526				173,855				147,808				41,704				26,395				83,229				611				516,128
Multi-family
Pass			81,119				138,231				196,939				125,252				108,779				90,155				770			$	741,245
Watch			-				183				-				-				-				-				-				183
Substandard			-				-				-				-				-				-				-				-
Total			81,119				138,414				196,939				125,252				108,779				90,155				770				741,428
Home equity
Pass			379				478				1,578				149				91				226				10,137			$	13,038
Watch			-				-				-				-				-				-				-				-
Substandard			-				-				16				14				-				-				120				150
Total			379				478				1,594				163				91				226				10,257				13,188
Construction and land
Pass			23,029				25,384				-				9,144				1,501				2,226				-			$	61,284
Watch			-				-				143				-				-				-				-				143
Substandard			-				-				-				-				-				-				-				-
Total			23,029				25,384				143				9,144				1,501				2,226				-				61,427
Commercial Real Estate
Pass			63,660				66,980				51,175				58,574				30,699				29,289				653			$	301,030
Watch			208				-				407				-				128				-				-				743
Substandard			11,484				237				-				-				-				-				-				11,721
Total			75,352				67,217				51,582				58,574				30,827				29,289				653				313,494
Consumer
Pass			-				-				-				-				-				-				825			$	825
Watch			-				-				-				-				-				-				-				-
Substandard			-				-				-				-				-				-				-				-
Total			-				-				-				-				-				-				825				825
Commercial
Pass			948				17,011				1,240				553				2,062				5,135				5,457			$	32,406
Watch			-				-				-				-				-				-				75				75
Substandard			-				-				30				-				-				-				1,575				1,605
Total			948				17,011				1,270				553				2,062				5,135				7,107				34,086
Total Loans		$	223,353			$	422,359			$	399,336			$	235,390			$	169,655			$	210,260			$	20,223			$	1,680,576

Financing Receivable, Nonaccrual [Table Text Block]

		June 30, 2025				December 31, 2024
		(Dollars in Thousands)
Non-accrual loans:
Residential
One- to four-family		$	7,673			$	5,515
Multi-family			182				-
Home equity			140				150
Construction and land			-				-
Commercial real estate			201				-
Commercial			-				-
Consumer			-				-
Total non-accrual loans		$	8,196			$	5,665
Total non-accrual loans to total loans receivable			0.49	%			0.34	%
Total non-accrual loans to total assets			0.36	%			0.26	%

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