ALLOWANCE FOR LOAN LOSSES

Schedule of impaired financing receivables

The following tables present an analysis of loans receivable and the allowance for loan losses, based on impairment methodology, at the dates indicated (in thousands):


	Allowance for Loan Losses						Recorded Investment in Loans
	Individually		Collectively				Individually		Collectively
	Evaluated		Evaluated				Evaluated		Evaluated
	for		for				for		for
December 31, 2021	Impairment		Impairment		Total		Impairment		Impairment		Total

Commercial business	$	—	$	2,580	$	2,580	$	105	$	222,430	$	222,535
Commercial real estate		—		9,617		9,617		127		566,529		566,656
Land		—		166		166		—		11,351		11,351
Multi-family		—		737		737		—		53,865		53,865
Real estate construction		—		302		302		—		18,365		18,365
Consumer		11		988		999		506		88,945		89,451
Unallocated		—		772		772		—		—		—
Total	$	11	$	15,162	$	15,173	$	738	$	961,485	$	962,223

March 31, 2021

Commercial business	$	—	$	2,416	$	2,416	$	120	$	265,025	$	265,145
Commercial real estate		—		14,089		14,089		1,468		541,999		543,467
Land		—		233		233		710		13,330		14,040
Multi-family		—		638		638		753		44,261		45,014
Real estate construction		—		294		294		—		16,990		16,990
Consumer		11		841		852		530		58,049		58,579
Unallocated		—		656		656		—		—		—
Total	$	11	$	19,167	$	19,178	$	3,581	$	939,654	$	943,235

Schedule of credit quality indicators

The following tables present an analysis of loans by credit quality indicators at the dates indicated (in thousands):


											Total
			Special								Loans
December 31, 2021	Pass		Mention		Substandard		Doubtful		Loss		Receivable

Commercial business	$	221,782	$	516	$	237	$	—	$	—	$	222,535
Commercial real estate		544,867		15,541		6,248		—		—		566,656
Land		11,351		—		—		—		—		11,351
Multi-family		53,783		74		8		—		—		53,865
Real estate construction		18,365		—		—		—		—		18,365
Consumer		89,395		—		56		—		—		89,451
Total	$	939,543	$	16,131	$	6,549	$	—	$	—	$	962,223

March 31, 2021

Commercial business	$	264,564	$	399	$	182	$	—	$	—	$	265,145
Commercial real estate		494,010		42,045		7,412		—		—		543,467
Land		14,040		—		—		—		—		14,040
Multi-family		44,941		49		24		—		—		45,014
Real estate construction		16,990		—		—		—		—		16,990
Consumer		58,510		—		69		—		—		58,579
Total	$	893,055	$	42,493	$	7,687	$	—	$	—	$	943,235

Schedule of TDRs by interest accrual status

The following table presents TDRs by interest accrual status at the dates indicated (in thousands):


	December 31, 2021						March 31, 2021
	Accrual		Nonaccrual		Total		Accrual		Nonaccrual		Total

Commercial business	$	—	$	105	$	105	$	—	$	120	$	120
Commercial real estate		—		127		127		1,324		144		1,468
Land		—		—		—		710		—		710
Multi-family		—		—		—		753		—		753
Consumer		506		—		506		530		—		530
Total	$	506	$	232	$	738	$	3,317	$	264	$	3,581