
	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	$	55,866	$	25,584	$	78,271	$	249,761	$	112,094	$	521,576
Multi-family		160,821		153,088		111,204		32,119		119		457,351
Commercial real estate		38,446		13,573		34,666		—		1,269		87,954
Construction		2,100		—		—		—		—		2,100
Other		—		—		—		—		104		104
Commercial business loans		1,321		—		—		—		—		1,321
Consumer loans		62		—		—		—		—		62
Total loans held for investment, gross	$	258,616	$	192,245	$	224,141	$	281,880	$	113,586	$	1,070,468


	For the Quarter Ended
	September 30,
(Dollars in Thousands)	2023			2022

Allowance at beginning of period	$	5,946		$	5,564

Impact of ASC 326 CECL adoption⁽¹⁾		1,197			—

Provision for credit losses		536			70

Recoveries:
Mortgage loans:
Single-family		—			4
Total recoveries		—			4

Total charge-offs		—			—

Net recoveries (charge-offs)		—			4
Allowance at end of period	$	7,679		$	5,638

ACL as a percentage of gross loans held for investment		0.72	%		0.57	%
Net (recoveries) charge-offs as a percentage of average loans receivable, net, during the period (annualized)		(0.00)	%		(0.00)	%
ACL as a percentage of gross non-performing loans at the end of the period		545.38	%		537.98	%

(1)	Represents the impact of adopting ASC 326 on July 1, 2023. Since that date, as a result of adopting ASC 326, the methodology to compute the ACL has been based on CECL methodology, rather than the previously applied incurred loss methodology.


	Quarter Ended September 30, 2023
							Commercial									Commercial
(In Thousands)	Single-family			Multi-family			Real Estate			Construction			Other			Business			Consumer			Total
ACL:
Allowance at beginning of period	$	1,720		$	3,270		$	868		$	15		$	2		$	67		$	4		$	5,946
Adjustment to allowance for adoption of ASC 326		4,605			(2,614)			(786)			47			3			(54)			(4)			1,197
Provision for (reversal of) credit losses		550			3			(6)			(8)			(1)			(2)			—			536
Recoveries		—			—			—			—			—			—			—			—
Charge-offs		—			—			—			—			—			—			—			—
ACL, end of period	$	6,875		$	659		$	76		$	54		$	4		$	11		$	—		$	7,679

ACL:
Individually evaluated for impairment	$	37		$	—		$	—		$	—		$	—		$	—		$	—		$	37
Collectively evaluated for impairment		6,838			659			76			54			4			11			—			7,642
ACL, end of period	$	6,875		$	659		$	76		$	54		$	4		$	11		$	—		$	7,679

Loans held for investment:
Individually evaluated for impairment	$	990		$	—		$	—		$	—		$	—		$	—		$	—		$	990
Collectively evaluated for impairment		520,586			457,351			87,954			2,100			104			1,321			62			1,069,478
Total loans held for investment, gross	$	521,576		$	457,351		$	87,954		$	2,100		$	104		$	1,321		$	62		$	1,070,468
ACL as a percentage of gross loans held for investment		1.32	%		0.14	%		0.09	%		2.57	%		3.85	%		0.83	%		—	%		0.72	%
Net (recoveries) charge-offs to average loans receivable, net during the period		—	%		—	%		—	%		—	%		—	%		—	%		—	%		—	%


	Quarter Ended September 30, 2022
							Commercial									Commercial
(In Thousands)	Single-family			Multi-family			Real Estate			Construction			Other			Business			Consumer			Total
ACL:
Allowance at beginning of period	$	1,383		$	3,282		$	816		$	23		$	3		$	52		$	5		$	5,564
Provision for (reversal of) credit losses		63			23			(10)			(1)			—			(4)			(1)			70
Recoveries		4			—			—			—			—			—			—			4
Charge-offs		—			—			—			—			—			—			—			—
ACL, end of period	$	1,450		$	3,305		$	806		$	22		$	3		$	48		$	4		$	5,638

ACL:
Individually evaluated for impairment	$	38		$	—		$	—		$	—		$	—		$	—		$	—		$	38
Collectively evaluated for impairment		1,412			3,305			806			22			3			48			4			5,600
ACL, end of period	$	1,450		$	3,305		$	806		$	22		$	3		$	48		$	4		$	5,638

Loans held for investment:
Individually evaluated for impairment	$	819		$	—		$	—		$	—		$	—		$	—		$	—		$	819
Collectively evaluated for impairment		428,756			468,031			89,339			3,151			118			1,117			70			990,582
Total loans held for investment, gross	$	429,575		$	468,031		$	89,339		$	3,151		$	118		$	1,117		$	70		$	991,401
ACL as a percentage of gross loans held for investment		0.34	%		0.71	%		0.90	%		0.70	%		2.54	%		4.30	%		5.71	%		0.57	%
Net (recoveries) charge-offs to average loans receivable, net during the period		(0.01)	%		—	%		—	%		—	%		—	%		—	%		—	%		—	%