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Loans Receivable Held for Investment (Q3) (Tables) | 9 Months Ended | 12 Months Ended
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Sep. 30, 2020 | Dec. 31, 2019
Loans Receivable Held for Investment [Abstract] |  |
Loans Receivable Held for Investment | Loans receivable held for investment were as follows as of the dates indicated:
|  | September 30, 2020 |  |  | December 31, 2019 |
|  | (In thousands) |
Real estate: |  |  |  |  |  |
Single family |  | $ | 53,976 |  |  | $ | 72,883 |
Multi-family |  |  | 269,874 |  |  |  | 287,378 |
Commercial real estate |  |  | 20,025 |  |  |  | 14,728 |
Church |  |  | 17,789 |  |  |  | 21,301 |
Construction |  |  | 1,672 |  |  |  | 3,128 |
Commercial – other |  |  | 302 |  |  |  | 262 |
Consumer |  |  | 8 |  |  |  | 21 |
Gross loans receivable before deferred loan costs and premiums |  |  | 363,646 |  |  |  | 399,701 |
Unamortized net deferred loan costs and premiums |  |  | 1,362 |  |  |  | 1,328 |
Gross loans receivable |  |  | 365,008 |  |  |  | 401,029 |
Allowance for loan losses |  |  | (3,215 | ) |  |  | (3,182 | )
Loans receivable, net |  | $ | 361,793 |  |  | $ | 397,847 |
| Loans receivable held for investment were as follows as of the periods indicated:
|  | December 31, 2019 |  |  | December 31, 2018 |
|  | (In thousands) |
Real estate: |  |  |  |  |  |  |
Single family |  | $ | 72,883 |  |  | $ | 91,835 |
Multi-family |  |  | 287,378 |  |  |  | 231,870 |
Commercial real estate |  |  | 14,728 |  |  |  | 5,802 |
Church |  |  | 21,301 |  |  |  | 25,934 |
Construction |  |  | 3,128 |  |  |  | 1,876 |
Commercial – other |  |  | 262 |  |  |  | 226 |
Consumer |  |  | 21 |  |  |  | 5 |
Gross loans receivable before deferred loan costs and premiums |  |  | 399,701 |  |  |  | 357,548 |
Unamortized net deferred loan costs and premiums |  |  | 1,328 |  |  |  | 937 |
Gross loans receivable |  |  | 401,029 |  |  |  | 358,485 |
Allowance for loan losses |  |  | (3,182 | ) |  |  | (2,929 | )
Loans receivable, net |  | $ | 397,847 |  |  | $ | 355,556 |
Activity in Allowance for Loan Losses by Loan Type | The following tables present the activity in the allowance for loan losses by loan type for the periods indicated:
|  | Three Months Ended September 30, 2020 |
|  | Real Estate |  |  |  |  |  |  |  |  |  |
|  | Single family |  |  | Multi- family |  |  | Commercial real estate |  |  | Church |  |  | Construction |  |  | Commercial - other |  |  | Consumer |  |  | Total |
|  | (In thousands) |
Beginning balance |  | $ | 312 |  |  | $ | 2,424 |  |  | $ | 169 |  |  | $ | 282 |  |  | $ | 22 |  |  | $ | 6 |  |  | $ | - |  |  | $ | 3,215 |
Provision for (recapture of) loan losses |  |  | 9 |  |  |  | 1 |  |  |  | 17 |  |  |  | (28 | ) |  |  | - |  |  |  | (1 | ) |  |  | 2 |  |  |  | - |
Recoveries |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Loans charged off |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Ending balance |  | $ | 321 |  |  | $ | 2,425 |  |  | $ | 186 |  |  | $ | 254 |  |  | $ | 22 |  |  | $ | 5 |  |  | $ | 2 |  |  | $ | 3,215 |
|  | Three Months Ended September 30, 2019 |
|  | Real Estate |  |  |  |  |  |  |  |  |  |
|  | Single family |  |  | Multi- family |  |  | Commercial real estate |  |  | Church |  |  | Construction |  |  | Commercial - other |  |  | Consumer |  |  | Total |
|  | (In thousands) |
Beginning balance |  | $ | 328 |  |  | $ | 1,932 |  |  | $ | 58 |  |  | $ | 401 |  |  | $ | 44 |  |  | $ | 5 |  |  | $ | 3 |  |  | $ | 2,771 |
Provision for (recapture of) loan losses |  |  | - |  |  |  | 66 |  |  |  | - |  |  |  | (24 | ) |  |  | 6 |  |  |  | - |  |  |  | (1 | ) |  |  | 47 |
Recoveries |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Loans charged off |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Ending balance |  | $ | 328 |  |  | $ | 1,998 |  |  | $ | 58 |  |  | $ | 377 |  |  | $ | 50 |  |  | $ | 5 |  |  | $ | 2 |  |  | $ | 2,818 |
|  | Nine Months Ended September 30, 2020 |
|  | Real Estate |  |  |  |  |  |  |  |  |  |
|  | Single family |  |  | Multi- family |  |  | Commercial real estate |  |  | Church |  |  | Construction |  |  | Commercial - other |  |  | Consumer |  |  | Total |
|  | (In thousands) |
Beginning balance |  | $ | 312 |  |  | $ | 2,319 |  |  | $ | 133 |  |  | $ | 362 |  |  | $ | 48 |  |  | $ | 7 |  |  | $ | 1 |  |  | $ | 3,182 |
Provision for (recapture of) loan losses |  |  | 5 |  |  |  | 106 |  |  |  | 53 |  |  |  | (108 | ) |  |  | (26 | ) |  |  | (2 | ) |  |  | 1 |  |  |  | 29 |
Recoveries |  |  | 4 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 4 |
Loans charged off |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Ending balance |  | $ | 321 |  |  | $ | 2,425 |  |  | $ | 186 |  |  | $ | 254 |  |  | $ | 22 |  |  | $ | 5 |  |  | $ | 2 |  |  | $ | 3,215 |
|  | Nine Months Ended September 30, 2019 |
|  | Real Estate |  |  |  |  |  |  |  |  |  |
|  | Single family |  |  | Multi- family |  |  | Commercial real estate |  |  | Church |  |  | Construction |  |  | Commercial - other |  |  | Consumer |  |  | Total |
|  | (In thousands) |
Beginning balance |  | $ | 369 |  |  | $ | 1,880 |  |  | $ | 52 |  |  | $ | 603 |  |  | $ | 19 |  |  | $ | 6 |  |  | $ | - |  |  | $ | 2,929 |
Provision for (recapture of) loan losses |  |  | (41 | ) |  |  | 118 |  |  |  | 6 |  |  |  | (416 | ) |  |  | 31 |  |  |  | (1 | ) |  |  | 2 |  |  |  | (301 | )
Recoveries |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 190 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 190 |
Loans charged off |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Ending balance |  | $ | 328 |  |  | $ | 1,998 |  |  | $ | 58 |  |  | $ | 377 |  |  | $ | 50 |  |  | $ | 5 |  |  | $ | 2 |  |  | $ | 2,818 |
| The following tables present the activity in the allowance for loan losses by loan type for the periods indicated:
|  | For the year ended December 31, 2019 |
|  | Real Estate |  |  |  |  |  |  |
|  | Single family |  | Multi- family |  | Commercial real estate | Church |  | Construction |  | Commercial – other |  | Consumer |  | Total |
|  | (In thousands) |
Beginning balance |  | $ | 369 |  |  | $ | 1,880 |  |  | $ | 52 |  | $ | 603 |  |  | $ | 19 |  |  | $ | 6 |  |  | $ | - |  |  | $ | 2,929 |
Provision for (recapture of) loan losses |  |  | (57 | ) |  |  | 439 |  |  |  | 81 |  |  | (501 | ) |  |  | 29 |  |  |  | 1 |  |  |  | 1 |  |  |  | (7 | )
Recoveries |  |  | - |  |  |  | - |  |  |  | - |  |  | 260 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 260 |
Loans charged off |  |  | - |  |  |  | - |  |  |  | - |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Ending balance |  | $ | 312 |  |  | $ | 2,319 |  |  | $ | 133 |  | $ | 362 |  |  | $ | 48 |  |  | $ | 7 |  |  | $ | 1 |  |  | $ | 3,182 |
|  | For the year ended December 31, 2018 |
|  | Real Estate |  |  |  |  |  |  |  |  |  |
|  | Single family |  |  | Multi- family |  |  | Commercial real estate |  |  | Church |  |  | Construction |  |  | Commercial – other |  |  | Consumer |  |  | Total |
|  | (In thousands) |
Beginning balance |  | $ | 594 |  |  | $ | 2,300 |  |  | $ | 71 |  |  | $ | 1,081 |  |  | $ | 17 |  |  | $ | 6 |  |  | $ | - |  |  | $ | 4,069 |
Recapture of loan losses |  |  | (225 | ) |  |  | (420 | ) |  |  | (19 | ) |  |  | (592 | ) |  |  | 2 |  |  |  | - |  |  |  | - |  |  |  | (1,254 |
Recoveries |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 114 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 114 |
Loans charged off |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Ending balance |  | $ | 369 |  |  | $ | 1,880 |  |  | $ | 52 |  |  | $ | 603 |  |  | $ | 19 |  |  | $ | 6 |  |  | $ | - |  |  | $ | 2,929 |
Allowance for Loan Losses and Recorded Investment in Loans by Type of Loans and Based on Impairment Method | The following tables present the balance in the allowance for loan losses and the recorded investment (unpaid contractual principal balance less charge-offs, less interest applied to principal, plus unamortized deferred costs and premiums) by loan type and based on impairment method as of the dates indicated:
|  | September 30, 2020 |
|  | Real Estate |  |  |  |  |  |  |  |  |  |
|  | Single family |  |  | Multi- family |  |  | Commercial real estate |  |  | Church |  |  | Construction |  |  | Commercial - other |  |  | Consumer |  |  | Total |
|  | (In thousands) |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending allowance balance attributable to loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  | $ | 91 |  |  | $ | - |  |  | $ | - |  |  | $ | 56 |  |  | $ | - |  |  | $ | 1 |  |  | $ | - |  |  | $ | 148 |
Collectively evaluated for impairment |  |  | 230 |  |  |  | 2,425 |  |  |  | 186 |  |  |  | 198 |  |  |  | 22 |  |  |  | 4 |  |  |  | 2 |  |  |  | 3,067 |
Total ending allowance balance |  | $ | 321 |  |  | $ | 2,425 |  |  | $ | 186 |  |  | $ | 254 |  |  | $ | 22 |  |  | $ | 5 |  |  | $ | 2 |  |  | $ | 3,215 |
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans individually evaluated for impairment |  | $ | 586 |  |  | $ | 304 |  |  | $ | - |  |  | $ | 3,860 |  |  | $ | - |  |  | $ | 49 |  |  | $ | - |  |  | $ | 4,799 |
Loans collectively evaluated for impairment |  |  | 53,548 |  |  |  | 271,071 |  |  |  | 20,086 |  |  |  | 13,571 |  |  |  | 1,672 |  |  |  | 253 |  |  |  | 8 |  |  |  | 360,209 |
Total ending loans balance |  | $ | 54,134 |  |  | $ | 271,375 |  |  | $ | 20,086 |  |  | $ | 17,431 |  |  | $ | 1,672 |  |  | $ | 302 |  |  | $ | 8 |  |  | $ | 365,008 |
|  | December 31, 2019 |
|  | Real Estate |  |  |  |  |  |  |  |  |  |
|  | Single family |  |  | Multi- family |  |  | Commercial real estate |  |  | Church |  |  | Construction |  |  | Commercial - other |  |  | Consumer |  |  | Total |
|  | (In thousands) |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending allowance balance attributable to loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  | $ | 60 |  |  | $ | - |  |  | $ | - |  |  | $ | 85 |  |  | $ | - |  |  | $ | 2 |  |  | $ | - |  |  | $ | 147 |
Collectively evaluated for impairment |  |  | 252 |  |  |  | 2,319 |  |  |  | 133 |  |  |  | 277 |  |  |  | 48 |  |  |  | 5 |  |  |  | 1 |  |  |  | 3,035 |
Total ending allowance balance |  | $ | 312 |  |  | $ | 2,319 |  |  | $ | 133 |  |  | $ | 362 |  |  | $ | 48 |  |  | $ | 7 |  |  | $ | 1 |  |  | $ | 3,182 |
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans individually evaluated for impairment |  | $ | 611 |  |  | $ | 313 |  |  | $ | - |  |  | $ | 4,356 |  |  | $ | - |  |  | $ | 63 |  |  | $ | - |  |  | $ | 5,343 |
Loans collectively evaluated for impairment |  |  | 72,501 |  |  |  | 288,730 |  |  |  | 14,818 |  |  |  | 16,292 |  |  |  | 3,125 |  |  |  | 199 |  |  |  | 21 |  |  |  | 395,686 |
Total ending loans balance |  | $ | 73,112 |  |  | $ | 289,043 |  |  | $ | 14,818 |  |  | $ | 20,648 |  |  | $ | 3,125 |  |  | $ | 262 |  |  | $ | 21 |  |  | $ | 401,029 |
| The following tables present the balance in the allowance for loan losses and the recorded investment (unpaid contractual principal balance less charge-offs, less interest applied to principal, plus unamortized deferred costs and premiums) by loan type and based on impairment method as of and for the periods indicated:
|  | December 31, 2019 |
|  | Real Estate |  |  |  |  |  |  |  |  |  |
|  | Single family |  |  | Multi- family |  |  | Commercial real estate |  |  | C hurch |  |  | Construction |  |  | Commercial – other |  |  | Consumer |  |  | Total |
|  | (In thousands) |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending allowance balance attributable to loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  | $ | 60 |  |  | $ | - |  |  | $ | - |  |  | $ | 85 |  |  | $ | - |  |  | $ | 2 |  |  | $ | - |  |  | $ | 147 |
Collectively evaluated for impairment |  |  | 252 |  |  |  | 2,319 |  |  |  | 133 |  |  |  | 277 |  |  |  | 48 |  |  |  | 5 |  |  |  | 1 |  |  |  | 3,035 |
Total ending allowance balance |  | $ | 312 |  |  | $ | 2,319 |  |  | $ | 133 |  |  | $ | 362 |  |  | $ | 48 |  |  | $ | 7 |  |  | $ | 1 |  |  | $ | 3,182 |
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans individually evaluated for impairment |  | $ | 611 |  |  | $ | 313 |  |  | $ | - |  |  | $ | 4,356 |  |  | $ | - |  |  | $ | 63 |  |  | $ | - |  |  | $ | 5,343 |
Loans collectively evaluated for impairment |  |  | 72,501 |  |  |  | 288,730 |  |  |  | 14,818 |  |  |  | 16,292 |  |  |  | 3,125 |  |  |  | 199 |  |  |  | 21 |  |  |  | 395,686 |
Total ending loans balance |  | $ | 73,112 |  |  | $ | 289,043 |  |  | $ | 14,818 |  |  | $ | 20,648 |  |  | $ | 3,125 |  |  | $ | 262 |  |  | $ | 21 |  |  | $ | 401,029 |
|  | December 31, 2018 |
|  | Real Estate |  |  |  |  |  |  |  |  |  |
|  | Single family |  |  | Multi- family |  |  | Commercial real estate |  |  | Church |  |  | Construction |  |  | Commercial – other |  |  | Consumer |  |  | Total |
|  | (In thousands) |
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Ending allowance balance attributable to loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  | $ | 53 |  |  | $ | - |  |  | $ | - |  |  | $ | 170 |  |  | $ | - |  |  | $ | 4 |  |  | $ | - |  |  | $ | 227 |
Collectively evaluated for impairment |  |  | 316 |  |  |  | 1,880 |  |  |  | 52 |  |  |  | 433 |  |  |  | 19 |  |  |  | 2 |  |  |  | - |  |  |  | 2,702 |
Total ending allowance balance |  | $ | 369 |  |  | $ | 1,880 |  |  | $ | 52 |  |  | $ | 603 |  |  | $ | 19 |  |  | $ | 6 |  |  | $ | - |  |  | $ | 2,929 |
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loans individually evaluated for impairment |  | $ | 610 |  |  | $ | 323 |  |  | $ | - |  |  | $ | 5,383 |  |  | $ | - |  |  | $ | 64 |  |  | $ | - |  |  | $ | 6,380 |
Loans collectively evaluated for impairment |  |  | 91,567 |  |  |  | 232,986 |  |  |  | 5,800 |  |  |  | 19,713 |  |  |  | 1,872 |  |  |  | 162 |  |  |  | 5 |  |  |  | 352,105 |
Total ending loans balance |  | $ | 92,177 |  |  | $ | 233,309 |  |  | $ | 5,800 |  |  | $ | 25,096 |  |  | $ | 1,872 |  |  | $ | 226 |  |  | $ | 5 |  |  | $ | 358,485 |
Loans Individually Evaluated for Impairment by Loan Type | The following table presents information related to loans individually evaluated for impairment by loan type as of the periods indicated:
|  | September 30, 2020 |  |  | December 31, 2019 |
|  | Unpaid Principal Balance |  |  | Recorded Investment |  |  | Allowance for Loan Losses Allocated |  |  | Unpaid Principal Balance |  |  | Recorded Investment |  |  | Allowance for Loan Losses Allocated |
|  | (In thousands) |
With no related allowance recorded: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Single family |  | $ | 9 |  |  | $ | 8 |  |  | $ | - |  |  | $ | - |  |  | $ | - |  |  | $ | - |
Multi-family |  | $ | 304 |  |  | $ | 304 |  |  | $ | - |  |  |  | 313 |  |  |  | 313 |  |  |  | - |
Church |  | $ | 2,546 |  |  | $ | 1,999 |  |  | $ | - |  |  |  | 3,491 |  |  |  | 2,446 |  |  |  | - |
With an allowance recorded: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Single family |  |  | 578 |  |  |  | 578 |  |  |  | 91 |  |  |  | 593 |  |  |  | 593 |  |  |  | 60 |
Church |  |  | 1,861 |  |  |  | 1,861 |  |  |  | 56 |  |  |  | 1,928 |  |  |  | 1,928 |  |  |  | 85 |
Commercial - other |  |  | 50 |  |  |  | 49 |  |  |  | 1 |  |  |  | 63 |  |  |  | 63 |  |  |  | 2 |
Total |  | $ | 5,348 |  |  | $ | 4,799 |  |  | $ | 148 |  |  | $ | 6,388 |  |  | $ | 5,343 |  |  | $ | 147 |
| The following table presents information related to loans individually evaluated for impairment by loan type as of the periods indicated:
|  | December 31, 2019 |  |  | December 31, 2018 |
|  | Unpaid Principal Balance |  |  | Recorded Investment |  |  | Allowance for Loan Losses Allocated |  |  | Unpaid Principal Balance |  |  | Recorded Investment |  |  | Allowance for Loan Losses Allocated |
|  | (In thousands) |
With no related allowance recorded: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Multi-family |  | $ | 313 |  |  | $ | 313 |  |  | $ | - |  |  | $ | 323 |  |  | $ | 323 |  |  | $ | - |
Church |  |  | 3,491 |  |  |  | 2,446 |  |  |  | - |  |  |  | 4,666 |  |  |  | 2,803 |  |  |  |  |
With an allowance recorded: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Single family |  |  | 593 |  |  |  | 593 |  |  |  | 60 |  |  |  | 610 |  |  |  | 610 |  |  |  | 53 |
Multi-family |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Church |  |  | 1,928 |  |  |  | 1,928 |  |  |  | 85 |  |  |  | 2,580 |  |  |  | 2,580 |  |  |  | 170 |
Commercial – other |  |  | 63 |  |  |  | 63 |  |  |  | 2 |  |  |  | 64 |  |  |  | 64 |  |  |  | 4 |
Total |  | $ | 6,388 |  |  | $ | 5,343 |  |  | $ | 147 |  |  | $ | 8,243 |  |  | $ | 6,380 |  |  | $ | 227 |
Average of Loans Individually Evaluated for Impairment by Loan Type and Related Interest Income | The following tables present the monthly average of loans individually evaluated for impairment by loan type and the related interest income for the periods indicated:
|  | Three Months Ended September 30, 2020 |  |  | Three Months Ended September 30, 2019 |
|  | Average Recorded Investment |  |  | Cash Basis Interest Income Recognized |  |  | Average Recorded Investment |  |  | Cash Basis Interest Income Recognized |
|  | (In thousands) |
Single family |  | $ | 589 |  |  | $ | 7 |  |  | $ | 625 |  |  | $ | 7 |
Multi-family |  |  | 305 |  |  |  | 5 |  |  |  | 317 |  |  |  | 6 |
Church |  |  | 3,938 |  |  |  | 67 |  |  |  | 4,678 |  |  |  | 76 |
Commercial – other |  |  | 50 |  |  |  | 1 |  |  |  | 63 |  |  |  | 1 |
Total |  | $ | 4,882 |  |  | $ | 80 |  |  | $ | 5,683 |  |  | $ | 90 |
|  | Nine Months Ended September 30, 2020 |  |  | Nine Months Ended September 30, 2019 |
|  | Average Recorded Investment |  |  | Cash Basis Interest Income Recognized |  |  | Average Recorded Investment |  |  | Cash Basis Interest Income Recognized |
|  | (In thousands) |
Single family |  | $ | 596 |  |  | $ | 22 |  |  | $ | 631 |  |  | $ | 22 |
Multi-family |  |  | 308 |  |  |  | 16 |  |  |  | 320 |  |  |  | 17 |
Church |  |  | 4,094 |  |  |  | 376 |  |  |  | 5,206 |  |  |  | 594 |
Commercial – other |  |  | 57 |  |  |  | 3 |  |  |  | 63 |  |  |  | 3 |
Total |  | $ | 5,055 |  |  | $ | 417 |  |  | $ | 6,220 |  |  | $ | 636 |
| The following tables present the monthly average of loans individually evaluated for impairment by loan type and the related interest income for the periods indicated:
|  | For the year ended December 31, 2019 |  |  | For the year ended December 31, 2018 |
|  | Average Recorded Investment |  |  | Cash Basis Interest Income Recognized |  |  | Average Recorded Investment |  |  | Cash Basis Interest Income Recognized |
|  | (In thousands) |
Single family |  | $ | 626 |  |  | $ | 29 |  |  | $ | 618 |  |  | $ | 30 |
Multi-family |  |  | 318 |  |  |  | 22 |  |  |  | 329 |  |  |  | 23 |
Commercial real estate |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Church |  |  | 5,017 |  |  |  | 939 |  |  |  | 7,893 |  |  |  | 398 |
Commercial – other |  |  | 63 |  |  |  | 5 |  |  |  | 64 |  |  |  | 4 |
Total |  | $ | 6,024 |  |  | $ | 995 |  |  | $ | 8,904 |  |  | $ | 455 |
Aging of Recorded Investment in Past Due Loans by Loan Type | The following tables present the aging of the recorded investment in past due loans by loan type as of the periods indicated:
|  | September 30, 2020 |
|  | 30-59 Days Past Due |  |  | 60-89 Days Past Due |  |  | Greater than 90 Days Past Due |  |  | Total Past Due |  |  | Current |  |  | Total |
|  | (In thousands) |
Loans receivable held for investment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Single family |  | $ | 76 |  |  | $ | 8 |  |  | $ | - |  |  | $ | 84 |  |  | $ | 54,050 |  |  | $ | 54,134 |
Multi-family |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 271,375 |  |  |  | 271,375 |
Commercial real estate |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 20,086 |  |  |  | 20,086 |
Church |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 17,431 |  |  |  | 17,431 |
Construction |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 1,672 |  |  |  | 1,672 |
Commercial - other |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 302 |  |  |  | 302 |
Consumer |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 8 |  |  |  | 8 |
Total |  | $ | 76 |  |  | $ | 8 |  |  | $ | - |  |  | $ | 84 |  |  | $ | 364,924 |  |  | $ | 365,008 |
|  | December 31, 2019 |
|  | 30-59 Days Past Due |  |  | 60-89 Days Past Due |  |  | Greater than 90 Days Past Due |  |  | Total Past Due |  |  | Current |  |  | Total |
|  | (In thousands) |
Loans receivable held for investment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Single family |  | $ | 18 |  |  | $ | - |  |  | $ | - |  |  | $ | 18 |  |  | $ | 73,094 |  |  | $ | 73,112 |
Multi-family |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 289,043 |  |  |  | 289,043 |
Commercial real estate |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 14,818 |  |  |  | 14,818 |
Church |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 20,648 |  |  |  | 20,648 |
Construction |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 3,125 |  |  |  | 3,125 |
Commercial - other |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 262 |  |  |  | 262 |
Consumer |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 21 |  |  |  | 21 |
Total |  | $ | 18 |  |  | $ | - |  |  | $ | - |  |  | $ | 18 |  |  | $ | 401,011 |  |  | $ | 401,029 |
| The following tables present the aging of the recorded investment in past due loans by loan type as of the periods indicated:
|  | December 31, 2019 |  |  |  |
|  | 30-59 Days Past Due |  |  | 60-89 Days Past Due |  |  | Greater than 90 Days Past Due |  |  | Total Past Due |  |  | Current |  |  | Total |
|  | (In thousands) |  |  |  |
Loans receivable held for investment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Single family |  | $ | 18 |  |  | $ | - |  |  | $ | - |  |  | $ | 18 |  |  | $ | 73,094 |  |  | $ | 73,112 |
Multi-family |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 289,043 |  |  |  | 289,043 |
Commercial real estate |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 14,818 |  |  |  | 14,818 |
Church |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 20,648 |  |  |  | 20,648 |
Construction |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 3,125 |  |  |  | 3,125 |
Commercial – other |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 262 |  |  |  | 262 |
Consumer |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 21 |  |  |  | 21 |
Total |  | $ | 18 |  |  | $ | - |  |  | $ | - |  |  | $ | 18 |  |  | $ | 401,011 |  |  | $ | 401,029 |
|  | December 31, 2018 |  |  |  |
|  | 30-59 Days Past Due |  |  | 60-89 Days Past Due |  |  | Greater than 90 Days Past Due |  |  | Total Past Due |  |  | Current |  |  | Total |
|  | (In thousands) |  |  |  |
Loans receivable held for investment: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Single family |  | $ | 35 |  |  | $ | - |  |  | $ | - |  |  | $ | 35 |  |  | $ | 92,142 |  |  | $ | 92,177 |
Multi-family |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 233,309 |  |  |  | 233,309 |
Commercial real estate |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 5,800 |  |  |  | 5,800 |
Church |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 25,096 |  |  |  | 25,096 |
Construction |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 1,872 |  |  |  | 1,872 |
Commercial-other |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 226 |  |  |  | 226 |
Consumer |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | 5 |  |  |  | 5 |
Total |  | $ | 35 |  |  | $ | - |  |  | $ | - |  |  | $ | 35 |  |  | $ | 358,450 |  |  | $ | 358,485 |
Recorded Investment in Non-accrual Loans by Loan Type | The following table presents the recorded investment in non-accrual loans by loan type as of the periods indicated:
|  | September 30, 2020 |  |  | December 31, 2019 |
|  | (In thousands) |
Loans receivable held for investment: |  |  |  |  |  |
Single-family residence |  | $ | 8 |  |  | $ | 18 |
Church |  | $ | 812 |  |  |  | 406 |
Total non-accrual loans |  | $ | 820 |  |  | $ | 424 |
| The following table presents the recorded investment in non-accrual loans by loan type as of the periods indicated:
|  | December 31, 2019 |  |  | December 31, 2018 |
|  | (In thousands) |
Loans receivable held for investment: |  |  |  |  |  |
Single family |  | $ | 18 |  |  | $ | - |
Church |  |  | 406 |  |  |  | 911 |
Total non-accrual loans |  | $ | 424 |  |  | $ | 911 |
Risk Categories of Loans by Loan Type | Based on the most recent analysis performed, the risk categories of loans by loan type as of the periods indicated were as follows:
|  | September 30, 2020 |
|  | Pass |  |  | Watch |  |  | Special Mention |  |  | Substandard |  |  | Doubtful |  |  | Loss |
|  | (In thousands) |
Single family |  | $ | 54,127 |  |  | $ | - |  |  | $ | - |  |  | $ | 7 |  |  | $ | - |  |  | $ | - |
Multi-family |  |  | 271,008 |  |  |  | - |  |  |  | - |  |  |  | 367 |  |  |  | - |  |  |  | - |
Commercial real estate |  |  | 18,590 |  |  |  | 1,496 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Church |  |  | 13,982 |  |  |  | 662 |  |  |  | - |  |  |  | 2,787 |  |  |  | - |  |  |  | - |
Construction |  |  | 1,672 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Commercial - other |  |  | 252 |  |  |  | - |  |  |  | - |  |  |  | 50 |  |  |  | - |  |  |  | - |
Consumer |  |  | 8 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total |  | $ | 359,639 |  |  | $ | 2,158 |  |  | $ | - |  |  | $ | 3,211 |  |  | $ | - |  |  | $ | - |
|  | December 31, 2019 |
|  | Pass |  |  | Watch |  |  | Special Mention |  |  | Substandard |  |  | Doubtful |  |  | Loss |
|  | (In thousands) |
Single family |  | $ | 73,094 |  |  | $ | - |  |  | $ | - |  |  | $ | 18 |  |  | $ | - |  |  | $ | - |
Multi-family |  |  | 288,251 |  |  |  | 411 |  |  |  | - |  |  |  | 381 |  |  |  | - |  |  |  | - |
Commercial real estate |  |  | 14,818 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Church |  |  | 16,546 |  |  |  | 411 |  |  |  | - |  |  |  | 3,691 |  |  |  | - |  |  |  | - |
Construction |  |  | 3,125 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Commercial - other |  |  | 199 |  |  |  | - |  |  |  | - |  |  |  | 63 |  |  |  | - |  |  |  | - |
Consumer |  |  | 21 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total |  | $ | 396,054 |  |  | $ | 822 |  |  | $ | - |  |  | $ | 4,153 |  |  | $ | - |  |  | $ | - |
| Based on the most recent analysis performed, the risk categories of loans by loan type as of the periods indicated were as follows:
|  | December 31, 2019 |
|  | Pass |  |  | Watch |  |  | Special Mention |  |  | Substandard |  |  | Doubtful |  |  | Loss |
|  | (In thousands) |
Single family |  | $ | 73,094 |  |  | $ | - |  |  | $ | - |  |  | $ | 18 |  |  | $ | - |  |  | $ | - |
Multi-family |  |  | 288,251 |  |  |  | 411 |  |  |  | - |  |  |  | 381 |  |  |  | - |  |  |  | - |
Commercial real estate |  |  | 14,818 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Church |  |  | 16,546 |  |  |  | 411 |  |  |  | - |  |  |  | 3 691 |  |  |  | - |  |  |  | - |
Construction |  |  | 3,125 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Commercial – other |  |  | 199 |  |  |  | - |  |  |  | - |  |  |  | 63 |  |  |  | - |  |  |  | - |
Consumer |  |  | 21 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total |  | $ | 396,054 |  |  | $ | 822 |  |  | $ | - |  |  | $ | 4,153 |  |  | $ | - |  |  | $ | - |
|  | December 31, 2018 |
|  | Pass |  |  | Watch |  |  | Special Mention |  |  | Substandard |  |  | Doubtful |  |  | Loss |
|  | (In thousands) |
Single family |  | $ | 92,132 |  |  | $ | - |  |  | $ | 35 |  |  | $ | 10 |  |  | $ | - |  |  | $ | - |
Multi-family |  |  | 232,642 |  |  |  | - |  |  |  | - |  |  |  | 667 |  |  |  | - |  |  |  | - |
Commercial real estate |  |  | 5,800 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Church |  |  | 19,678 |  |  |  | 672 |  |  |  | - |  |  |  | 4,746 |  |  |  | - |  |  |  | - |
Construction |  |  | 1,872 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Commercial – other |  |  | 162 |  |  |  | - |  |  |  | - |  |  |  | 64 |  |  |  | - |  |  |  | - |
Consumer |  |  | 5 |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |  |  |  | - |
Total |  | $ | 352,291 |  |  | $ | 672 |  |  | $ | 35 |  |  | $ | 5,487 |  |  | $ | - |  |  | $ | - |

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