Loans Held for Investment

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	$	49,048	$	63,562	$	126,956	$	198,577	$	106,282	$	544,425
Multi-family		214,271		129,277		77,015		2,762		92		423,417
Commercial real estate		26,897		35,421		9,535		540		373		72,766
Construction		206		196		—		—		—		402
Other		—		—		—		—		89		89
Commercial business loans		1,239		—		—		—		28		1,267
Consumer loans		57		—		—		—		—		57
Total loans held for investment, gross	$	291,718	$	228,456	$	213,506	$	201,879	$	106,864	$	1,042,423

Schedule of commercial real estate loans by geographic concentration


	Inland				Southern				Other
June 30, 2025	Empire⁽¹⁾				California⁽²⁾				California				Total
(Dollars in Thousands)	Balance		%		Balance		%		Balance		%		Balance		%
Owner occupied:
Office	$	630	11	%	$	4,852	86	%	$	184	3	%	$	5,666	100	%
Mixed use		—	—	%		—	—	%		279	100	%		279	100	%
Warehouse		—	—	%		959	72	%		373	28	%		1,332	100	%
Medical/dental office		271	11	%		2,240	89	%		—	—	%		2,511	100	%
Restaurant/fast food		—	—	%		681	100	%		—	—	%		681	100	%
Total owner occupied		901	9	%		8,732	83	%		836	8	%		10,469	100	%

Non-owner occupied:
Office		3,837	19	%		13,488	68	%		2,570	13	%		19,895	100	%
Mixed use		449	3	%		6,297	44	%		7,584	53	%		14,330	100	%
Retail		1,026	13	%		3,296	41	%		3,679	46	%		8,001	100	%
Warehouse		1,064	13	%		3,992	51	%		2,813	36	%		7,869	100	%
Mobile home park		4,754	70	%		351	5	%		1,656	25	%		6,761	100	%
Medical/dental office		1,713	39	%		1,993	46	%		671	15	%		4,377	100	%
Automotive - non gasoline		—	—	%		571	100	%		—	—	%		571	100	%
Restaurant/fast food		—	—	%		493	100	%		—	—	%		493	100	%
Total non-owner occupied		12,843	21	%		30,481	49	%		18,973	30	%		62,297	100	%

Total commercial real estate	$	13,744	19	%	$	39,213	54	%	$	19,809	27	%	$	72,766	100	%

(1)Inland Empire comprised of San Bernardino and Riverside counties.

(2)Other than the Inland Empire.


	Inland				Southern				Other
June 30, 2024	Empire⁽¹⁾				California⁽²⁾				California				Total
(Dollars in Thousands)	Balance		%		Balance		%		Balance		%		Balance		%
Owner occupied:
Office	$	1,540	23	%	$	4,959	74	%	$	191	3	%	$	6,690	100	%
Mixed use		—	—	%		—	—	%		293	100	%		293	100	%
Warehouse		—	—	%		1,689	81	%		387	19	%		2,076	100	%
Medical/dental office		276	11	%		1,791	74	%		372	15	%		2,439	100	%
Restaurant/fast food		—	—	%		690	100	%		—	—	%		690	100	%
Total owner occupied		1,816	15	%		9,129	75	%		1,243	10	%		12,188	100	%

Non-owner occupied:
Office		2,951	15	%		13,837	69	%		3,296	16	%		20,084	100	%
Mixed use		505	3	%		6,243	40	%		9,049	57	%		15,797	100	%
Retail		1,050	8	%		6,996	56	%		4,455	36	%		12,501	100	%
Warehouse		605	6	%		4,774	49	%		4,469	45	%		9,848	100	%
Mobile home park		4,859	70	%		358	5	%		1,692	25	%		6,909	100	%
Medical/dental office		1,797	39	%		2,159	46	%		689	15	%		4,645	100	%
Restaurant/fast food		—	—	%		500	100	%		—	—	%		500	100	%
Automotive - non gasoline		—	—	%		578	100	%		—	—	%		578	100	%
Live/work		—	—	%		—	—	%		299	100	%		299	100	%
Total non-owner occupied		11,767	16	%		35,445	50	%		23,949	34	%		71,161	100	%

Total commercial real estate	$	13,583	16	%	$	44,574	54	%	$	25,192	30	%	$	83,349	100	%

(1)Inland Empire comprised of San Bernardino and Riverside counties.

(2)Other than the Inland Empire.

Schedule of allowance for loan losses and recorded investment


	Year Ended June 30, 2025
							Commercial									Commercial
(In Thousands)	Single-family			Multi-family			Real Estate			Construction			Other Mortgage			Business			Consumer			Total
ACL:
ACL, beginning of period	$	6,295		$	595		$	66		$	97		$	1		$	11		$	—		$	7,065
(Recovery of) provision for credit losses		(561)			20			(11)			(85)			1			(5)			—			(641)
Recoveries		—			—			—			—			—			—			—			—
Charge-offs		—			—			—			—			—			—			—			—
ACL, end of period	$	5,734		$	615		$	55		$	12		$	2		$	6		$	—		$	6,424

ACL:
Individually evaluated for allowances	$	—		$	—		$	—		$	—		$	—		$	—		$	—		$	—
Collectively evaluated for allowances		5,734			615			55			12			2			6			—			6,424
ACL, end of period	$	5,734		$	615		$	55		$	12		$	2		$	6		$	—		$	6,424

Loans held for investment:
Individually evaluated for allowances	$	369		$	467		$	—		$	—		$	—		$	—		$	—		$	836
Collectively evaluated for allowances		544,056			422,950			72,766			402			89			1,267			57			1,041,587
Total loans held for investment, gross	$	544,425		$	423,417		$	72,766		$	402		$	89		$	1,267		$	57		$	1,042,423
ACL on loans as a percentage of gross loans held for investment		1.05	%		0.15	%		0.08	%		2.99	%		2.25	%		0.47	%		—	%		0.62	%
Net (recoveries) charge-offs to average loans receivable, net during the period		—	%		—	%		—	%		—	%		—	%		—	%		—	%		—	%


	Year Ended June 30, 2024
							Commercial									Commercial
(In Thousands)	Single-family			Multi-family			Real Estate			Construction			Other Mortgage			Business			Consumer			Total
ACL:
ACL, beginning of period	$	1,720		$	3,270		$	868		$	15		$	2		$	67		$	4		$	5,946
Adjustment to ACL for adoption of ASC 326		4,605			(2,614)			(786)			47			3			(54)			(4)			1,197
(Recovery of) provision for credit losses		(30)			(61)			(16)			35			(4)			(2)			—			(78)
Recoveries		—			—			—			—			—			—			—			—
Charge-offs		—			—			—			—			—			—			—			—
ACL, end of period	$	6,295		$	595		$	66		$	97		$	1		$	11		$	—		$	7,065

ACL:
Individually evaluated for allowances	$	37		$	—		$	—		$	—		$	—		$	—		$	—		$	37
Collectively evaluated for allowances		6,258			595			66			97			1			11			—			7,028
ACL, end of period	$	6,295		$	595		$	66		$	97		$	1		$	11		$	—		$	7,065

Loans held for investment:
Individually evaluated for allowances	$	1,134		$	—		$	—		$	—		$	—		$	—		$	—		$	1,134
Collectively evaluated for allowances		516,957			445,182			83,349			2,692			95			1,372			65			1,049,712
Total loans held for investment, gross	$	518,091		$	445,182		$	83,349		$	2,692		$	95		$	1,372		$	65		$	1,050,846
ACL on loans as a percentage of gross loans held for investment		1.22	%		0.13	%		0.08	%		3.60	%		1.05	%		0.80	%		—	%		0.67	%
Net (recoveries) charge-offs to average loans receivable, net during the period		—	%		—	%		—	%		—	%		—	%		—	%		—	%		—	%

Schedule of recorded investment in non-performing loans


	At or For the Year Ended June 30, 2025
	Unpaid								Net		Average		Interest
	Principal		Related		Recorded				Recorded		Recorded		Income
(In Thousands)	Balance		Charge-offs		Investment		ACL⁽¹⁾		Investment		Investment		Recognized

Mortgage loans:
Single-family:
With a related allowance	$	560	$	—	$	560	$	(7)	$	553	$	1,158	$	95
Without a related allowance⁽²⁾		420		(25)		395		—		395		631		106
Total single-family loans		980		(25)		955		(7)		948		1,789		201

Multi-family:
Without a related allowance⁽²⁾		466		—		466		—		466		156		5
Total multi-family loans		466		—		466		—		466		156		5

Commercial real estate:
Without a related allowance⁽²⁾		—		—		—		—		—		149		36
Total commercial real estate loans		—		—		—		—		—		149		36

Total non-performing loans	$	1,446	$	(25)	$	1,421	$	(7)	$	1,414	$	2,094	$	242

(1)	ACL, specifically assigned to the individual loan.

(2)	There was no related ACL because the loans were charged-off to their fair value or the fair value of the collateral was higher than the loan balance.


	At or For the Year Ended June 30, 2024
	Unpaid								Net		Average		Interest
	Principal		Related		Recorded				Recorded		Recorded		Income
(In Thousands)	Balance		Charge-offs		Investment		ACL⁽¹⁾		Investment		Investment		Recognized

Mortgage loans:
Single-family:
With a related allowance	$	2,267	$	—	$	2,267	$	(73)	$	2,194	$	1,627	$	96
Without a related allowance⁽²⁾		427		(25)		402		—		402		444		23
Total single-family loans		2,694		(25)		2,669		(73)		2,596		2,071		119

Total non-performing loans	$	2,694	$	(25)	$	2,669	$	(73)	$	2,596	$	2,071	$	119

(1)	ACL, specifically assigned to the individual loan.

(2)	There was no related ACL because the loans were charged-off to their fair value or the fair value of the collateral was higher than the loan balance.

Schedule of past due status of gross loans held for investment, net of fair value adjustments


	June 30, 2025
			30-89 Days Past				Total Loans Held for
(In Thousands)	Current		Due		Non-Accrual⁽¹⁾		Investment, Gross

Mortgage loans:
Single-family	$	543,496	$	—	$	929	$	544,425
Multi-family		422,951		—		466		423,417
Commercial real estate		72,766		—		—		72,766
Construction		402		—		—		402
Other		89		—		—		89
Commercial business loans		1,267		—		—		1,267
Consumer loans		55		2		—		57
Total loans held for investment, gross	$	1,041,026	$	2	$	1,395	$	1,042,423

(1)	All loans 90 days or greater past due are placed on non-accrual status.


	June 30, 2024
			30-89 Days Past				Total Loans Held for
(In Thousands)	Current		Due		Non-Accrual⁽¹⁾		Investment, Gross

Mortgage loans:
Single-family	$	515,498	$	—	$	2,593	$	518,091
Multi-family		445,182		—		—		445,182
Commercial real estate		83,349		—		—		83,349
Construction		2,692		—		—		2,692
Other		95		—		—		95
Commercial business loans		1,372		—		—		1,372
Consumer loans		64		1		—		65
Total loans held for investment, gross	$	1,048,252	$	1	$	2,593	$	1,050,846

(1)	All loans 90 days or greater past due are placed on non-accrual status.