Schedule of loans held for investment, contractual repricing


	Adjustable Rate
			After		After		After
		Within	One Year		3 Years		5 Years
(In Thousands)	One Year		Through 3 Years		Through 5 Years		Through 10 Years		Fixed Rate		Total
Mortgage loans:
Single-family	$	56,859	$	22,936	$	68,980	$	258,085	$	111,961	$	518,821
Multi-family		152,929		147,344		118,761		41,950		129		461,113
Commercial real estate		39,071		15,069		35,135		—		1,283		90,558
Construction		1,440		—		—		—		496		1,936
Other		—		—		—		—		106		106
Commercial business loans		1,565		—		—		—		—		1,565
Consumer loans		65		—		—		—		—		65
Total loans held for investment, gross	$	251,929	$	185,349	$	222,876	$	300,035	$	113,975	$	1,074,164

The following summarizes the components of the net change in the allowance for loan losses for the years indicated:


	Year Ended June 30,
(In Thousands)	2023		2022

Balance, beginning of year	$	5,564	$	7,587
Provision (recovery) for loan losses		374		(2,462)
Recoveries		8		439
Charge-offs		—		—
Balance, end of year	$	5,946	$	5,564

Schedule of allowance for loan losses and recorded investment

The following tables summarize the Corporation’s allowance for loan losses and recorded investment in gross loans, by portfolio type, at the dates and for the years indicated.


	Year Ended June 30, 2023
							Commercial									Commercial
(In Thousands)	Single-family			Multi-family			Real Estate			Construction			Other Mortgage			Business			Consumer			Total

Allowance at beginning of period	$	1,383		$	3,282		$	816		$	23		$	3		$	52		$	5		$	5,564
Provision (recovery) for loan losses		329			(12)			52			(8)			(1)			15			(1)			374
Recoveries		8			—			—			—			—			—			—			8
Charge-offs		—			—			—			—			—			—			—			—
Allowance for loan losses, end of period	$	1,720		$	3,270		$	868		$	15		$	2		$	67		$	4		$	5,946

Allowance:
Individually evaluated for allowances	$	37		$	—		$	—		$	—		$	—		$	—		$	—		$	37
Collectively evaluated for allowances		1,683			3,270			868			15			2			67			4			5,909
Allowance for loan losses, end of period	$	1,720		$	3,270		$	868		$	15		$	2		$	67		$	4		$	5,946

Gross Loans:
Individually evaluated for allowances	$	996		$	—		$	—		$	—		$	—		$	—		$	—		$	996
Collectively evaluated for allowances		517,825			461,113			90,558			1,936			106			1,565			65			1,073,168
Total loans held for investment, gross	$	518,821		$	461,113		$	90,558		$	1,936		$	106		$	1,565		$	65		$	1,074,164
Allowance for loan losses as a percentage of gross loans held for investment		0.33	%		0.71	%		0.96	%		0.77	%		1.89	%		4.28	%		6.15	%		0.55	%
Net (recoveries) charge-offs to average loans receivable, net during the period		—	%		—	%		—	%		—	%		—	%		—	%		—	%		—	%


	Year Ended June 30, 2022
							Commercial									Commercial
(In Thousands)	Single-family			Multi-family			Real Estate			Construction			Other Mortgage			Business			Consumer			Total

Allowance at beginning of period	$	2,000		$	4,485		$	1,006		$	51		$	3		$	36		$	6		$	7,587
(Recovery) provision for loan losses		(1,056)			(1,203)			(190)			(28)			—			16			(1)			(2,462)
Recoveries		439			—			—			—			—			—			—			439
Charge-offs		—			—			—			—			—			—			—			—
Allowance for loan losses, end of period	$	1,383		$	3,282		$	816		$	23		$	3		$	52		$	5		$	5,564

Allowance:
Individually evaluated for allowances	$	38		$	—		$	—		$	—		$	—		$	—		$	—		$	38
Collectively evaluated for allowances		1,345			3,282			816			23			3			52			5			5,526
Allowance for loan losses, end of period	$	1,383		$	3,282		$	816		$	23		$	3		$	52		$	5		$	5,564

Gross Loans:
Individually evaluated for allowances	$	1,275		$	—		$	—		$	—		$	—		$	—		$	—		$	1,275
Collectively evaluated for allowances		376,959			464,676			90,429			3,216			123			1,206			86			936,695
Total loans held for investment, gross	$	378,234		$	464,676		$	90,429		$	3,216		$	123		$	1,206		$	86		$	937,970
Allowance for loan losses as a percentage of gross loans held for investment		0.37	%		0.71	%		0.90	%		0.72	%		2.44	%		4.31	%		5.81	%		0.59	%
Net (recoveries) charge-offs to average loans receivable, net during the period		(0.15)	%		—	%		—	%		—	%		—	%		—	%		—	%		(0.05)	%

Schedule of troubled debt restructurings by nonaccrual versus accrual status

The following table summarizes at the dates indicated the restructured loan balances, net of allowance for loan losses or charge-offs, by loan type and non-accrual versus accrual status at June 30, 2023 and 2022 :


	At June 30,
(In Thousands)	2023		2022
Restructured loans on non-accrual status:
Mortgage loans:
Single-family	$	708	$	722
Total		708		722

Restructured loans on accrual status:
Mortgage loans:
Single-family		—		3,748
Total		—		3,748
Total restructured loans	$	708	$	4,470