XML 34 R23.htm IDEA: XBRL DOCUMENT
v3.21.1

Loans Held for Investment (Tables) | 9 Months Ended
--- | ---
Mar. 31, 2021
Loans Held for Investment |
Schedule of loans held for investment |
|  | March 31, |  | June 30,
(In Thousands) |  | 2021 |  | 2020
Mortgage loans: |  |  |  |  |  |
Single-family |  | $ | 254,393 |  | $ | 298,810
Multi-family |  |  | 483,283 |  |  | 491,903
Commercial real estate |  |  | 99,722 |  |  | 105,235
Construction (1) |  |  | 3,508 |  |  | 7,801
Other |  |  | 140 |  |  | 143
Commercial business loans (2) |  |  | 851 |  |  | 480
Consumer loans (3) |  |  | 96 |  |  | 94
Total loans held for investment, gross |  |  | 841,993 |  |  | 904,466
Advance payments of escrows |  |  | 339 |  |  | 68
Deferred loan costs, net |  |  | 6,288 |  |  | 6,527
Allowance for loan losses |  |  | (8,346) |  |  | (8,265)
Total loans held for investment, net |  | $ | 840,274 |  | $ | 902,796
| (1) |  | Net of $1.7 million and $4.0 million of undisbursed loan funds as of March 31, 2021 and June 30, 2020, respectively.
| (2) |  | Net of $520 thousand and $935 thousand of undisbursed lines of credit as of March 31, 2021 and June 30, 2020, respectively.
| (3) |  | Net of $426 thousand and $448 thousand of undisbursed lines of credit as of March 31, 2021 and June 30, 2020, respectively.
Schedule of loans held for investment, contractual repricing |
|  | Adjustable Rate |  |  |  |  |  |
|  |  |  |  | After |  | After |  | After |  |  |  |  |  |
|  |  |  |  | One Year |  | 3 Years |  | 5 Years |  |  |  |  |  |
|  | Within One |  | Through 3 |  | Through 5 |  | Through 10 |  |  |  |  |  |
(In Thousands) |  | Year |  | Years |  | Years |  | Years |  | Fixed Rate |  | Total
Mortgage loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Single-family |  | $ | 66,406 |  | $ | 45,305 |  | $ | 45,213 |  | $ | 77,966 |  | $ | 19,503 |  | $ | 254,393
Multi-family |  |  | 167,295 |  |  | 142,775 |  |  | 152,658 |  |  | 20,325 |  |  | 230 |  |  | 483,283
Commercial real estate |  |  | 46,486 |  |  | 32,464 |  |  | 20,591 |  |  | — |  |  | 181 |  |  | 99,722
Construction |  |  | 2,645 |  |  | — |  |  | — |  |  | — |  |  | 863 |  |  | 3,508
Other |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 140 |  |  | 140
Commercial business loans |  |  | 500 |  |  | — |  |  | — |  |  | — |  |  | 351 |  |  | 851
Consumer loans |  |  | 96 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 96
Total loans held for investment, gross |  | $ | 283,428 |  | $ | 220,544 |  | $ | 218,462 |  | $ | 98,291 |  | $ | 21,268 |  | $ | 841,993
Schedule of gross loans held for investment by loan types and risk category |
|  | March 31, 2021
|  | Single- |  | Multi- |  | Commercial |  |  |  |  | Other |  | Commercial |  |  |  |  |  |
(In Thousands) |  | family |  | family |  | Real Estate |  | Construction |  | Mortgage |  | Business |  | Consumer |  | Total
Pass |  | $ | 243,046 |  | $ | 481,420 |  | $ | 99,722 |  | $ | 3,508 |  | $ | 140 |  | $ | 851 |  | $ | 96 |  | $ | 828,783
Special Mention |  |  | 1,752 |  |  | 737 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 2,489
Substandard |  |  | 9,595 |  |  | 1,126 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 10,721
Total loans held for investment, gross |  | $ | 254,393 |  | $ | 483,283 |  | $ | 99,722 |  | $ | 3,508 |  | $ | 140 |  | $ | 851 |  | $ | 96 |  | $ | 841,993
|  | June 30, 2020
|  | Single- |  | Multi- |  | Commercial |  |  |  |  | Other |  | Commercial |  |  |  |  |  |
(In Thousands) |  | family |  | family |  | Real Estate |  | Construction |  | Mortgage |  | Business |  | Consumer |  | Total
Pass |  | $ | 289,942 |  | $ | 488,126 |  | $ | 105,235 |  | $ | 6,098 |  | $ | 143 |  | $ | 445 |  | $ | 94 |  | $ | 890,083
Special Mention |  |  | 3,120 |  |  | 3,777 |  |  | — |  |  | 1,703 |  |  | — |  |  | — |  |  | — |  |  | 8,600
Substandard |  |  | 5,748 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 35 |  |  | — |  |  | 5,783
Total loans held for investment, gross |  | $ | 298,810 |  | $ | 491,903 |  | $ | 105,235 |  | $ | 7,801 |  | $ | 143 |  | $ | 480 |  | $ | 94 |  | $ | 904,466
Schedule of allowance for loan losses | The following table is provided to disclose additional details for the periods indicated on the Corporation’s allowance for loan losses:
|  | For the Quarter Ended |  | For the Nine Months Ended |
|  | March 31, |  | March 31, |
(Dollars in Thousands) |  | 2021 |  | 2020 |  | 2021 |  | 2020 |
Allowance at beginning of period |  | $ | 8,538 |  | $ | 6,921 |  | $ | 8,265 |  | $ | 7,076 |
(Recovery) provision for loan losses |  |  | (200 | ) |  | 874 |  |  | 59 |  |  | 671 |
Recoveries: |  |  |  |  |  |  |  |  |  |  |  |  |
Mortgage loans: |  |  |  |  |  |  |  |  |  |  |  |  |
Single-family |  |  | 9 |  |  | 14 |  |  | 23 |  |  | 63 |
Consumer loans |  |  | — |  |  | 1 |  |  | 1 |  |  | 2 |
Total recoveries |  |  | 9 |  |  | 15 |  |  | 24 |  |  | 65 |
Charge-offs: |  |  |  |  |  |  |  |  |  |  |  |  |
Mortgage loans: |  |  |  |  |  |  |  |  |  |  |  |  |
Single-family |  |  | — |  |  | — |  |  | — |  |  | (1) |
Consumer loans |  |  | (1) |  |  | — |  |  | (2 | ) |  | (1) |
Total charge-offs |  |  | (1) |  |  | — |  |  | (2) |  |  | (2) |
Net recoveries (charge-offs) |  |  | 8 |  |  | 15 |  |  | 22 |  |  | 63 |
Balance at end of period |  | $ | 8,346 |  | $ | 7,810 |  | $ | 8,346 |  | $ | 7,810 |
Allowance for loan losses as a percentage of gross loans held for investment at the end of the period |  |  | 0.98 | % |  | 0.85 | % |  | 0.98 | % |  | 0.85 | %
Net (recoveries) charge-offs as a percentage of average loans receivable, net, during the period (annualized) |  |  | (0.00) | % |  | (0.01) | % |  | (0.00) | % |  | (0.01) | %
Schedule of past due status of gross loans held for investment, net of fair value adjustments |
|  | March 31, 2021
|  |  |  |  | 30‑89 Days |  |  |  |  | Total Loans Held for
(In Thousands) |  | Current |  | Past Due |  | Non-Accrual (1) |  | Investment, Gross
Mortgage loans: |  |  |  |  |  |  |  |  |  |  |  |
Single-family |  | $ | 244,798 |  | $ | — |  | $ | 9,595 |  | $ | 254,393
Multi-family |  |  | 482,157 |  |  | — |  |  | 1,126 |  |  | 483,283
Commercial real estate |  |  | 99,722 |  |  | — |  |  | — |  |  | 99,722
Construction |  |  | 3,508 |  |  | — |  |  | — |  |  | 3,508
Other |  |  | 140 |  |  | — |  |  | — |  |  | 140
Commercial business loans |  |  | 851 |  |  | — |  |  | — |  |  | 851
Consumer loans |  |  | 96 |  |  | — |  |  | — |  |  | 96
Total loans held for investment, gross |  | $ | 831,272 |  | $ | — |  | $ | 10,721 |  | $ | 841,993
| (1) |  | All loans 90 days or greater past due are placed on non-accrual status.
|  | June 30, 2020
|  |  |  |  | 30‑89 Days |  |  |  |  | Total Loans Held for
(In Thousands) |  | Current |  | Past Due |  | Non-Accrual (1) |  | Investment, Gross
Mortgage loans: |  |  |  |  |  |  |  |  |  |  |  |
Single-family |  | $ | 293,326 |  | $ | 219 |  | $ | 5,265 |  | $ | 298,810
Multi-family |  |  | 491,903 |  |  | — |  |  | — |  |  | 491,903
Commercial real estate |  |  | 105,235 |  |  | — |  |  | — |  |  | 105,235
Construction |  |  | 7,801 |  |  | — |  |  | — |  |  | 7,801
Other |  |  | 143 |  |  | — |  |  | — |  |  | 143
Commercial business loans |  |  | 445 |  |  | — |  |  | 35 |  |  | 480
Consumer loans |  |  | 94 |  |  | — |  |  | — |  |  | 94
Total loans held for investment, gross |  | $ | 898,947 |  | $ | 219 |  | $ | 5,300 |  | $ | 904,466
| (1) |  | All loans 90 days or greater past due are placed on non-accrual status.
Schedule of allowance for loan losses and recorded investment |
|  | Quarter Ended March 31, 2021 |
|  | Single- |  |  |  | Commercial |  |  |  |  |  |  |  | Commercial |  |  |  |  |  |  |
(In Thousands) |  | family |  | Multi-family |  | Real Estate |  | Construction |  | Other |  | Business |  | Consumer |  | Total |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allowance at beginning of period |  | $ | 2,706 |  | $ | 4,540 |  | $ | 1,132 |  | $ | 110 |  | $ | 3 |  | $ | 41 |  | $ | 6 |  | $ | 8,538 |
(Recovery) provision for loan losses |  |  | (311) |  |  | 202 |  |  | (30) |  |  | (57) |  |  | — |  |  | (5) |  |  | 1 |  |  | (200) |
Recoveries |  |  | 9 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 9 |
Charge-offs |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (1) |  |  | (1) |
Allowance for loan losses, end of period |  | $ | 2,404 |  | $ | 4,742 |  | $ | 1,102 |  | $ | 53 |  | $ | 3 |  | $ | 36 |  | $ | 6 |  | $ | 8,346 |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  | $ | 572 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 572 |
Collectively evaluated for impairment |  |  | 1,832 |  |  | 4,742 |  |  | 1,102 |  |  | 53 |  |  | 3 |  |  | 36 |  |  | 6 |  |  | 7,774 |
Allowance for loan losses, end of period |  | $ | 2,404 |  | $ | 4,742 |  | $ | 1,102 |  | $ | 53 |  | $ | 3 |  | $ | 36 |  | $ | 6 |  | $ | 8,346 |
Loans held for investment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  | $ | 9,343 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 9,343 |
Collectively evaluated for impairment |  |  | 245,050 |  |  | 483,283 |  |  | 99,722 |  |  | 3,508 |  |  | 140 |  |  | 851 |  |  | 96 |  |  | 832,650 |
Total loans held for investment, gross |  | $ | 254,393 |  | $ | 483,283 |  | $ | 99,722 |  | $ | 3,508 |  | $ | 140 |  | $ | 851 |  | $ | 96 |  | $ | 841,993 |
Allowance for loan losses as a percentage of gross loans held for investment |  |  | 0.94 | % |  | 0.98 |  | % | 1.11 | % |  | 1.51 | % |  | 2.14 | % |  | 4.23 | % |  | 6.25 | % |  | 0.98 | %
|  | Quarter Ended March 31, 2020 |
|  | Single- |  | Multi- |  | Commercial |  |  |  |  | Commercial |  |  |  |  |  |  |
(In Thousands) |  | family |  | family |  | Real Estate |  | Construction |  | Business |  | Consumer |  | Total |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allowance at beginning of period |  | $ | 2,157 |  | $ | 3,502 |  | $ | 1,058 |  | $ | 168 |  | $ | 28 |  | $ | 8 |  | $ | 6,921 |
Provision (recovery) for loan losses |  |  | 431 |  |  | 456 |  |  | 3 |  |  | (12) |  |  | (2) |  |  | (2) |  |  | 874 |
Recoveries |  |  | 14 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1 |  |  | 15 |
Charge-offs |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Allowance for loan losses, end of period |  | $ | 2,602 |  | $ | 3,958 |  | $ | 1,061 |  | $ | 156 |  | $ | 26 |  | $ | 7 |  | $ | 7,810 |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  | $ | 45 |  | $ | — |  | $ | — |  | $ | — |  | $ | 6 |  | $ | — |  | $ | 51 |
Collectively evaluated for impairment |  |  | 2,557 |  |  | 3,958 |  |  | 1,061 |  |  | 156 |  |  | 20 |  |  | 7 |  |  | 7,759 |
Allowance for loan losses, end of period |  | $ | 2,602 |  | $ | 3,958 |  | $ | 1,061 |  | $ | 156 |  | $ | 26 |  | $ | 7 |  | $ | 7,810 |
Loans held for investment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  | $ | 2,698 |  | $ | — |  | $ | — |  | $ | — |  | $ | 40 |  | $ | — |  | $ | 2,738 |
Collectively evaluated for impairment |  |  | 323,988 |  |  | 475,941 |  |  | 105,691 |  |  | 6,346 |  |  | 462 |  |  | 122 |  |  | 912,550 |
Total loans held for investment, gross |  | $ | 326,686 |  | $ | 475,941 |  | $ | 105,691 |  | $ | 6,346 |  | $ | 502 |  | $ | 122 |  | $ | 915,288 |
Allowance for loan losses as a percentage of gross loans held for investment |  |  | 0.80 | % |  | 0.83 | % |  | 1.00 | % |  | 2.46 | % |  | 5.18 | % |  | 5.74 | % |  | 0.85 | %
|  | Nine Months Ended March 31, 2021 |
|  | Single- |  |  |  | Commercial |  |  |  |  |  |  | Commercial |  |  |  |  |  |  |
(In Thousands) |  | family |  | Multi-family |  | Real Estate |  | Construction |  | Other |  | Business |  | Consumer |  | Total |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allowance at beginning of period |  | $ | 2,622 |  | $ | 4,329 |  | $ | 1,110 |  | $ | 171 |  | $ | 3 |  | $ | 24 |  | $ | 6 |  | $ | 8,265 |
(Recovery) provision for loan losses |  |  | (241 | ) |  | 413 |  |  | (8 | ) |  | (118 | ) |  | — |  |  | 12 |  |  | 1 |  |  | 59 |
Recoveries |  |  | 23 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 1 |  |  | 24 |
Charge-offs |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (2) |  |  | (2) |
Allowance for loan losses, end of period |  | $ | 2,404 |  | $ | 4,742 |  | $ | 1,102 |  | $ | 53 |  | $ | 3 |  | $ | 36 |  | $ | 6 |  | $ | 8,346 |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  | $ | 572 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 572 |
Collectively evaluated for impairment |  |  | 1,832 |  |  | 4,742 |  |  | 1,102 |  |  | 53 |  |  | 3 |  |  | 36 |  |  | 6 |  |  | 7,774 |
Allowance for loan losses, end of period |  | $ | 2,404 |  | $ | 4,742 |  | $ | 1,102 |  | $ | 53 |  | $ | 3 |  | $ | 36 |  | $ | 6 |  | $ | 8,346 |
Loans held for investment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  | $ | 9,343 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 9,343 |
Collectively evaluated for impairment |  |  | 245,050 |  |  | 483,283 |  |  | 99,722 |  |  | 3,508 |  |  | 140 |  |  | 851 |  |  | 96 |  |  | 832,650 |
Total loans held for investment, gross |  | $ | 254,393 |  | $ | 483,283 |  | $ | 99,722 |  | $ | 3,508 |  | $ | 140 |  | $ | 851 |  | $ | 96 |  | $ | 841,993 |
Allowance for loan losses as a percentage of gross loans held for investment |  |  | 0.94 | % |  | 0.98 | % |  | 1.11 | % |  | 1.51 | % |  | 2.14 | % |  | 4.23 | % |  | 6.25 | % |  | 0.98 | %
|  | Nine Months Ended March 31, 2020 |
|  | Single- |  |  |  | Commercial |  |  |  |  |  |  | Commercial |  |  |  |  |  |
(In Thousands) |  | family |  | Multi-family |  | Real Estate |  | Construction |  | Other |  | Business |  | Consumer |  | Total |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Allowance at beginning of period |  | $ | 2,709 |  | $ | 3,219 |  | $ | 1,050 |  | $ | 61 |  | $ | 3 |  | $ | 26 |  | $ | 8 |  | $ | 7,076 |
(Recovery) provision for loan losses |  |  | (169) |  |  | 739 |  |  | 11 |  |  | 95 |  |  | (3) |  |  | — |  |  | (2) |  |  | 671 |
Recoveries |  |  | 63 |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | 2 |  |  | 65 |
Charge-offs |  |  | (1) |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | (1) |  |  | (2) |
Allowance for loan losses, end of period |  | $ | 2,602 |  | $ | 3,958 |  | $ | 1,061 |  | $ | 156 |  | $ | — |  | $ | 26 |  | $ | 7 |  | $ | 7,810 |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  | $ | 45 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 6 |  | $ | — |  | $ | 51 |
Collectively evaluated for impairment |  |  | 2,557 |  |  | 3,958 |  |  | 1,061 |  |  | 156 |  |  | — |  |  | 20 |  |  | 7 |  |  | 7,759 |
Allowance for loan losses, end of period |  | $ | 2,602 |  | $ | 3,958 |  | $ | 1,061 |  | $ | 156 |  | $ | — |  | $ | 26 |  | $ | 7 |  | $ | 7,810 |
Loans held for investment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  | $ | 2,698 |  | $ | — |  | $ | — |  | $ | — |  | $ | — |  | $ | 40 |  | $ | — |  | $ | 2,738 |
Collectively evaluated for impairment |  |  | 323,988 |  |  | 475,941 |  |  | 105,691 |  |  | 6,346 |  |  | — |  |  | 462 |  |  | 122 |  |  | 912,550 |
Total loans held for investment, gross |  | $ | 326,686 |  | $ | 475,941 |  | $ | 105,691 |  | $ | 6,346 |  | $ | — |  | $ | 502 |  | $ | 122 |  | $ | 915,288 |
Allowance for loan losses as a percentage of gross loans held for investment |  |  | 0.80 | % |  | 0.83 | % |  | 1.00 | % |  | 2.46 | % |  | — | % |  | 5.18 | % |  | 5.74 | % |  | 0.85 | %
Schedule of recorded investment in non-performing loans |
|  | At March 31, 2021
|  | Unpaid |  |  |  |  |  |  |  |  |  |  | Net
|  | Principal |  | Related |  | Recorded |  |  |  |  | Recorded
(In Thousands) |  | Balance |  | Charge-offs |  | Investment |  | Allowance (1) |  | Investment
Mortgage loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Single-family: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
With a related allowance |  | $ | 8,305 |  | $ | — |  | $ | 8,305 |  | $ | (622) |  | $ | 7,683
Without a related allowance (2) |  |  | 1,734 |  |  | (444) |  |  | 1,290 |  |  | — |  |  | 1,290
Total single-family |  |  | 10,039 |  |  | (444) |  |  | 9,595 |  |  | (622) |  |  | 8,973
Multi-family: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
With a related allowance |  |  | 1,126 |  |  | — |  |  | 1,126 |  |  | (340) |  |  | 786
Total multi-family |  |  | 1,126 |  |  | — |  |  | 1,126 |  |  | (340) |  |  | 786
Total non-performing loans |  | $ | 11,165 |  | $ | (444) |  | $ | 10,721 |  | $ | (962) |  | $ | 9,759
| (1) |  | Consists of collectively and individually evaluated allowances, specifically assigned to the individual loan, and fair value credit adjustments.
| (2) |  | There was no related allowance for loan losses because the loans have been charged-off to their fair value or the fair value of the collateral is higher than the loan balance.
|  | At June 30, 2020
|  | Unpaid |  |  |  |  |  |  |  |  |  |  | Net
|  | Principal |  | Related |  | Recorded |  |  |  |  | Recorded
(In Thousands) |  | Balance |  | Charge-offs |  | Investment |  | Allowance (1) |  | Investment
Mortgage loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Single-family: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
With a related allowance |  | $ | 3,289 |  | $ | — |  | $ | 3,289 |  | $ | (438) |  | $ | 2,851
Without a related allowance (2) |  |  | 2,509 |  |  | (467) |  |  | 2,042 |  |  | — |  |  | 2,042
Total single-family |  |  | 5,798 |  |  | (467) |  |  | 5,331 |  |  | (438) |  |  | 4,893
Commercial business loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
With a related allowance |  |  | 35 |  |  | — |  |  | 35 |  |  | (4) |  |  | 31
Total commercial business loans |  |  | 35 |  |  | — |  |  | 35 |  |  | (4) |  |  | 31
Total non-performing loans |  | $ | 5,833 |  | $ | (467) |  | $ | 5,366 |  | $ | (442) |  | $ | 4,924
| (1) |  | Consists of collectively and individually evaluated allowances, specifically assigned to the individual loan, and fair value credit adjustments.
| (2) |  | There was no related allowance for loan losses because the loans have been charged-off to their fair value or the fair value of the collateral is higher than the loan balance.
Schedule of Nonperforming Loans on Interest Income |
|  | Quarter Ended March 31,
|  | 2021 |  | 2020
|  | Average |  | Interest |  | Average |  | Interest
|  | Recorded |  | Income |  | Recorded |  | Income
(In Thousands) |  | Investment |  | Recognized |  | Investment |  | Recognized
Without related allowances: |  |  |  |  |  |  |  |  |  |  |  |
Mortgage loans: |  |  |  |  |  |  |  |  |  |  |  |
Single-family |  | $ | 1,461 |  | $ | — |  | $ | 2,282 |  | $ | 8
|  |  | 1,461 |  |  | — |  |  | 2,282 |  |  | 8
With related allowances: |  |  |  |  |  |  |  |  |  |  |  |
Mortgage loans: |  |  |  |  |  |  |  |  |  |  |  |
Single-family |  |  | 8,975 |  |  | 27 |  |  | 1,569 |  |  | 20
Multi-family |  |  | 375 |  |  | 4 |  |  | — |  |  | —
Commercial business loans |  |  | — |  |  | — |  |  | 40 |  |  | 1
|  |  | 9,350 |  |  | 31 |  |  | 1,609 |  |  | 21
Total |  | $ | 10,811 |  | $ | 31 |  | $ | 3,891 |  | $ | 29
|  | Nine Months Ended March 31,
|  | 2021 |  | 2020
|  | Average |  | Interest |  | Average |  | Interest
|  | Recorded |  | Income |  | Recorded |  | Income
(In Thousands) |  | Investment |  | Recognized |  | Investment |  | Recognized
Without related allowances: |  |  |  |  |  |  |  |  |  |  |  |
Mortgage loans: |  |  |  |  |  |  |  |  |  |  |  |
Single-family |  | $ | 1,638 |  | $ | — |  | $ | 2,747 |  | $ | 119
Construction |  |  | — |  |  | — |  |  | 361 |  |  | 20
|  |  | 1,638 |  |  | — |  |  | 3,108 |  |  | 139
With related allowances: |  |  |  |  |  |  |  |  |  |  |  |
Mortgage loans: |  |  |  |  |  |  |  |  |  |  |  |
Single-family |  |  | 6,923 |  |  | 96 |  |  | 1,291 |  |  | 44
Multi-family |  |  | 125 |  |  | 4 |  |  | — |  |  | —
Commercial business loans |  |  | 17 |  |  | 1 |  |  | 43 |  |  | 3
|  |  | 7,065 |  |  | 101 |  |  | 1,334 |  |  | 47
Total |  | $ | 8,703 |  | $ | 101 |  | $ | 4,442 |  | $ | 186
Schedule of troubled debt restructurings by nonaccrual versus accrual status |
|  | At |  | At
(In Thousands) |  | March 31, 2021 |  | June 30, 2020
Restructured loans on non-accrual status: |  |  |  |  |  |
Mortgage loans: |  |  |  |  |  |
Single-family |  | $ | 8,077 |  | $ | 2,612
Commercial business loans |  |  | — |  |  | 31
Total |  |  | 8,077 |  |  | 2,643
Restructured loans on accrual status: |  |  |  |  |  |
Mortgage loans: |  |  |  |  |  |
Single-family |  |  | 246 |  |  | —
Total |  |  | 246 |  |  | —
Total restructured loans |  | $ | 8,323 |  | $ | 2,643
Schedule of recorded investment in restructured loans |
|  | At March 31, 2021
|  | Unpaid |  |  |  |  |  |  |  |  |  |  | Net
|  | Principal |  | Related |  | Recorded |  |  |  |  | Recorded
(In Thousands) |  | Balance |  | Charge-offs |  | Investment |  | Allowance (1) |  | Investment
Mortgage loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Single-family: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
With a related allowance |  | $ | 8,053 |  | $ | — |  | $ | 8,053 |  | $ | (572) |  | $ | 7,481
Without a related allowance (2) |  |  | 1,207 |  |  | (365) |  |  | 842 |  |  | — |  |  | 842
Total single-family |  |  | 9,260 |  |  | (365) |  |  | 8,895 |  |  | (572) |  |  | 8,323
Total restructured loans |  | $ | 9,260 |  | $ | (365) |  | $ | 8,895 |  | $ | (572) |  | $ | 8,323
| (1) |  | Consists of collectively and individually evaluated allowances, specifically assigned to the individual loan.
| (2) |  | There was no related allowance for loan losses because the loans have been charged-off to their fair value or the fair value of the collateral is higher than the loan balance.
|  | At June 30, 2020
|  | Unpaid |  |  |  |  |  |  |  |  |  |  | Net
|  | Principal |  | Related |  | Recorded |  |  |  |  | Recorded
(In Thousands) |  | Balance |  | Charge-offs |  | Investment |  | Allowance (1) |  | Investment
Mortgage loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Single-family: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
With a related allowance |  | $ | 1,650 |  | $ | — |  | $ | 1,650 |  | $ | (108) |  | $ | 1,542
Without a related allowance (2) |  |  | 1,435 |  |  | (365) |  |  | 1,070 |  |  | — |  |  | 1,070
Total single-family |  |  | 3,085 |  |  | (365) |  |  | 2,720 |  |  | (108) |  |  | 2,612
Commercial business loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
With a related allowance |  |  | 35 |  |  | — |  |  | 35 |  |  | (4) |  |  | 31
Total commercial business loans |  |  | 35 |  |  | — |  |  | 35 |  |  | (4) |  |  | 31
Total restructured loans |  | $ | 3,120 |  | $ | (365) |  | $ | 2,755 |  | $ | (112) |  | $ | 2,643
| (1) |  | Consists of collectively and individually evaluated allowances, specifically assigned to the individual loan.
| (2) |  | There was no related allowance for loan losses because the loans have been charged-off to their fair value or the fair value of the collateral is higher than the loan balance.
Schedule of loan forbearance related to COVID-19 hardship requests |
|  | Forbearance Granted |  | Forbearance Completed (1) |  | Forbearance Remaining
|  | Number of |  |  |  |  | Number of |  |  |  |  | Number of |  |  |
(Dollars In Thousands) |  | Loans |  | Amount |  | Loans |  | Amount |  | Loans |  | Amount
Single-family loans |  | 59 |  | $ | 23,741 |  | 54 |  | $ | 21,900 |  | 5 |  | $ | 1,841
Multi-family loans |  | 5 |  |  | 2,334 |  | 4 |  |  | 2,026 |  | 1 |  |  | 308
Commercial real estate loans |  | 3 |  |  | 2,005 |  | 2 |  |  | 1,060 |  | 1 |  |  | 945
Total loan forbearance |  | 67 |  | $ | 28,080 |  | 60 |  | $ | 24,986 |  | 7 |  | $ | 3,094
(1) Includes 17 single-family loans totaling $6.7 million which were subsequently extended and classified as restructured non-performing loans, consistent with the Interagency Statement. As of March 31, 2021, certain characteristics of loans in forbearance are described below:
|  |  |  |  |  |  |  |  |  |  |  |  | Weighted |  | Weighted Avg.
|  |  |  |  |  |  | % of |  |  |  | Weighted |  | Avg. Debt |  | Forbearance
|  | Number |  |  |  |  | Total |  | Weighted |  | Avg. |  | Coverage |  | Period
(Dollars In Thousands) |  | of Loans |  |  | Amount |  | Loans |  | Avg. LTV(1) |  | FICO(2) |  | Ratio(3) |  | Granted(4)
Single-family loans |  | 5 |  | $ | 1,841 |  | 0.22 | % | 69 | % | 715 |  | N/A |  | 7.9
Multi-family loan |  | 1 |  |  | 308 |  | 0.04 | % | 50 | % | 747 |  | 1.16 | x | 5.0
Commercial real estate loan |  | 1 |  |  | 945 |  | 0.11 | % | 48 | % | 704 |  | 1.71 | x | 4.0
Total loans in forbearance |  | 7 |  | $ | 3,094 |  | 0.37 | % | 61 | % | 715 |  | 1.57 | x | 6.4
(1)Current loan balance in comparison to the original appraised value. (2)At time of loan origination, borrowers and/or guarantors. (3)At time of loan origination. (4)In months.

X
- Definition Effect of Nonperforming Loans on Interest Income [Table Text Block] + References No definition available. + Details
Name: | prov_EffectOfNonperformingLoansOnInterestIncomeTableTextBlock
Namespace Prefix: | prov_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Allowance for Loan Losses and Recorded Investment [Table Text Block] + References No definition available. + Details
Name: | prov_ScheduleOfAllowanceForLoanLossesAndRecordedInvestmentTableTextBlock
Namespace Prefix: | prov_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Gross Loans Held for Investment by Loan Types and Risk Category [Table Text Block] + References No definition available. + Details
Name: | prov_ScheduleOfGrossLoansHeldForInvestmentByLoanTypesAndRiskCategoryTableTextBlock
Namespace Prefix: | prov_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure for loan forbearance related to COVID-19 hardship requests. + References No definition available. + Details
Name: | prov_ScheduleOfLoanForbearanceRelatedToCovid19HardshipRequestsTableTextBlock
Namespace Prefix: | prov_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition -- None. No documentation exists for this element. -- + References No definition available. + Details
Name: | prov_ScheduleOfLoansHeldForInvestmentContractualRepricingTableTextBlock
Namespace Prefix: | prov_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Recorded Investment in Restructured Loans [Table Text Block] + References No definition available. + Details
Name: | prov_ScheduleOfRecordedInvestmentInRestructuredLoansTableTextBlock
Namespace Prefix: | prov_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of allowance for credit loss on financing receivable. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 11B -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953423-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 13 -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919249-210447 + Details
Name: | us-gaap_AllowanceForCreditLossesOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of impaired financing receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 15 -URI http://asc.fasb.org/extlink&oid=121611835&loc=d3e5212-111524 + Details
Name: | us-gaap_ImpairedFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_LoansAndLeasesReceivableDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of aging analysis for financing receivable. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 50 -Paragraph 14 -URI http://asc.fasb.org/extlink&oid=121599337&loc=SL82919253-210447 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7A -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953401-111524 Reference 3: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 326 -SubTopic 20 -Section 55 -Paragraph 80 -URI http://asc.fasb.org/extlink&oid=121647567&loc=SL82922355-210448 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=121611835&loc=d3e5111-111524 + Details
Name: | us-gaap_PastDueFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.3,4) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of financing receivable modified as troubled debt restructuring. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953676-111524 Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=121611835&loc=SL6953682-111524 + Details
Name: | us-gaap_TroubledDebtRestructuringsOnFinancingReceivablesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration