First Financial Northwest (FFNW) 10-Q 6 Aug 15 2015 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2015	Aug. 03, 2015
Document and Entity Information
Entity Registrant Name	First Financial Northwest, Inc.
Document Type	10-Q
Document Period End Date	Jun. 30, 2015
Amendment Flag	false
Entity Central Index Key	1,401,564
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		14,417,827
Entity Filer Category	Accelerated Filer
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	Q2

FIRST FINANCIAL NORTHWEST, INC.

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Assets
Cash on hand and in banks	$ 5,550	$ 5,920
Interest-earning deposits	101,424	98,129
Investments available-for-sale, at fair value	116,913	120,374
Loans receivable, net of allowance of $10,603 and $10,491, respectively	659,273	663,938
Federal Home Loan Bank (FHLB) stock, at cost	6,537	6,745
Accrued interest receivable	3,033	3,265
Deferred tax assets, net	6,195	8,338
Other real estate owned (OREO)	4,416	9,283
Premises and equipment, net	16,934	16,734
Bank Owned Life Insurance	22,932	2,776
Prepaid expenses and other assets	1,225	1,495
Total assets	944,432	936,997
Liabilities and Stockholders' Equity
Interest-bearing deposits	603,177	599,773
Noninterest-bearing deposits	20,531	14,354
Total deposits	623,708	614,127
Advances from the FHLB	135,500	135,500
Advance payments from borrowers for taxes and insurance	1,581	1,707
Accrued interest payable	145	142
Investment-related Liabilities	578	0
Other liabilities	5,349	4,109
Total liabilities	$ 766,861	$ 755,585
Commitments and contingencies
Stockholders' Equity
Preferred stock, $0.01 par value; authorized 10,000,000 shares; no shares issued or outstanding	$ 0	$ 0
Common stock, $0.01 par value; authorized 90,000,000 shares; issued and outstanding 14,552,324 shares at June 30, 2015, and 15,167,381 shares at December 31, 2014	146	151
Additional paid-in capital	146,240	153,395
Retained earnings, substantially restricted	39,900	36,969
Accumulated other comprehensive loss, net of tax	(533)	(357)
Unearned Employee Stock Ownership Plan (ESOP) shares	(8,182)	(8,746)
Total stockholders' equity	177,571	181,412
Total liabilities and stockholders' equity	$ 944,432	$ 936,997

FIRST FINANCIAL NORTHWEST, INC3

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Assets
Loans receivable allowance for loan losses	$ 10,603	$ 10,491
Stockholders' Equity
Preferred stock par value per share (in usd per share)	$ 0.01	$ 0.01
Preferred stock shares authorized (in shares)	10,000,000	10,000,000
Preferred stock shares issued (in shares)	0	0
Preferred stock shares outstanding (in shares)	0	0
Common stock par value per share (in usd per share)	$ 0.01	$ 0.01
Common stock shares authorized (in shares)	90,000,000	90,000,000
Common stock shares issued (in shares)	14,552,324	15,167,381
Common stock shares outstanding (in shares)	14,552,324	15,167,381

FIRST FINANCIAL NORTHWEST, INC4

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED INCOME STATEMENTS - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Interest income
Loans, including fees	$ 8,658	$ 9,087	$ 17,234	$ 18,113
Investments available-for-sale	495	585	1,007	1,189
Interest-earning deposits	65	22	129	42
Dividends on FHLB stock	3	1	5	3
Total interest income	9,221	9,695	18,375	19,347
Interest expense
Deposits	1,333	1,238	2,647	2,585
FHLB advances	320	279	638	530
Total interest expense	1,653	1,517	3,285	3,115
Net interest income	7,568	8,178	15,090	16,232
(Recapture of provision) provision for loan losses	(500)	(100)	(600)	(600)
Net interest income after recapture of provision for loan losses	8,068	8,278	15,690	16,832
Noninterest income
Net loss on sale of investments	0	(20)	0	(20)
Other	357	108	448	176
Total noninterest income	357	88	448	156
Noninterest expense
Salaries and employee benefits	3,251	2,860	6,665	5,775
Occupancy and equipment	314	332	652	678
Professional fees	458	394	812	751
Data processing	188	154	348	332
(Gain) loss on sale of OREO property, net	(2)	36	(531)	107
OREO market value adjustments	(46)	92	4	288
OREO related expenses (reimbursements), net	41	78	(7)	139
Regulatory assessments	116	104	232	182
Insurance and bond premiums	89	103	181	176
Marketing	54	37	87	62
Other general and administrative	411	512	721	736
Total noninterest expense	4,874	4,702	9,164	9,226
Income before federal income tax provision	3,551	3,664	6,974	7,762
Federal income tax provision	1,183	1,297	2,377	2,750
Net income	$ 2,368	$ 2,367	$ 4,597	$ 5,012
Basic earnings per share (in dollars per share)	$ 0.17	$ 0.16	$ 0.33	$ 0.33
Diluted earnings per share (in dollars per share)	$ 0.17	$ 0.16	$ 0.33	$ 0.33
Weighted average number of common shares outstanding (in shares)	13,756,336	15,042,712	13,895,872	15,146,999
Weighted average number of diluted shares outstanding (in shares)	13,916,314	15,120,938	14,057,198	15,224,155

FIRST FINANCIAL NORTHWEST, INC5

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Net income	$ 2,368	$ 2,367	$ 4,597	$ 5,012
Other comprehensive income, before tax:
Unrealized holding gains (losses) on investments available-for-sale (net of tax provision of ($263) and $439 for the second quarter of 2015 and 2014, respectively, and ($94) and $768 for the first six months of 2015 and 2014, respectively)	(488)	815	(176)	1,425
Other Comprehensive Income (Loss), Available-for-sale Securities Adjustment, Net of Tax	0	13	0	13
Other comprehensive (loss) income, net of tax	(488)	828	(176)	1,438
Total comprehensive income	$ 1,880	$ 3,195	$ 4,421	$ 6,450

FIRST FINANCIAL NORTHWEST, INC6

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Parenthetical) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Statement of Comprehensive Income [Abstract]
Reclassification, tax benefit		$ 7,000		$ 7,000
Available for sale securities tax (benefit) provision	$ (263,000)	$ 439,000	$ (94,000)	$ 768,000

FIRST FINANCIAL NORTHWEST, INC7

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss), net of tax	Unearned ESOP Shares	Total Stockholders' Equity
Balances at beginning of period (in shares) at Dec. 31, 2013	16,392,139
Balances at beginning of period at Dec. 31, 2013		$ 164	$ 166,866	$ 29,220	$ (2,020)	$ (9,875)	$ 184,355
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Other comprehensive income	$ 6,450	0	0	5,012	1,438	0	6,450
Cash dividend declared and paid		0	0	(1,508)	0	0	(1,508)
Exercise of stock options (in shares)	331,680
Exercise of stock options		3	3,240	0	0	0	3,243
Repurchase and retirement of common stock (in shares)	(992,840)
Purchase and retirement of common stock		(10)	(10,813)				(10,823)
Compensation related to stock options and restricted stock awards	$ 172	0	172	0	0	0	172
Allocation of 56,426 ESOP shares		0	30	0	0	565	595
Balances at end of period (in shares) at Jun. 30, 2014	15,730,979
Balances at end of period at Jun. 30, 2014		157	159,495	32,724	(582)	(9,310)	182,484
Balances at beginning of period (in shares) at Dec. 31, 2014	15,167,381
Balances at beginning of period at Dec. 31, 2014	$ 181,412	151	153,395	36,969	(357)	(8,746)	181,412
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Other comprehensive income	$ 4,421	0	0	4,597	(176)	0	4,421
Cash dividend declared and paid		0	0	(1,666)	0	0	(1,666)
Exercise of stock options (in shares)	50,000
Exercise of stock options		1	489	0	0	0	490
Repurchase and retirement of common stock (in shares)	(665,057)
Purchase and retirement of common stock		(6)	(7,980)	0	0	0	(7,986)
Compensation related to stock options and restricted stock awards	$ 219	0	219	0	0	0	219
Allocation of 56,426 ESOP shares		0	117	0	0	564	681
Balances at end of period (in shares) at Jun. 30, 2015	14,552,324
Balances at end of period at Jun. 30, 2015	$ 177,571	$ 146	$ 146,240	$ 39,900	$ (533)	$ (8,182)	$ 177,571

FIRST FINANCIAL NORTHWEST, INC8

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED STATEMETNS OF STOCKHOLDERS' EQUITY (PARENTHETICALS) - $ / shares	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Statement of Stockholders' Equity [Abstract]
Common Stock, Dividends, Per Share, Cash Paid	$ 0.12	$ 0.10
Allocated shares	56,426	56,427

FIRST FINANCIAL NORTHWEST, INC9

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Cash flows from operating activities
Net income	$ 4,597	$ 5,012
Adjustments to reconcile net income to net cash provided by operating activities:
Recapture of provision for loan losses	(600)	(600)
OREO market value adjustments	4	288
(Gain) loss on sale of OREO property, net	(531)	107
Loss on sale of investments available-for-sale	0	20
Loss on sale of premises and equipment	0	11
Depreciation of premises and equipment	364	382
Amortization of premiums and discounts on investments available-for-sale, net	586	750
Deferred federal income taxes	2,237	2,633
Allocation of ESOP shares	681	595
Stock compensation expense	219	172
Change in cash surrender value of BOLI	(156)	0
Changes in operating assets and liabilities:
Prepaid expenses and other assets	270	(252)
Net increase in advance payments from borrowers for taxes and insurance	(126)	(263)
Accrued interest receivable	232	134
Accrued interest payable	3	17
Other liabilities	1,240	415
Net cash provided by operating activities	9,020	9,421
Cash flows from investing activities:
Capital expenditures related to OREO	0	(52)
Proceeds from sales of OREO properties	5,535	2,638
Principal repayments on investments available-for-sale	1,550	6,380
Principal repayments on investments available-for-sale	9,575	10,583
Purchases of investments available-for-sale	(8,520)	0
Investments available-for-sale transaction payable	578	0
Net increase in loans receivable	5,124	(14,332)
FHLB stock redemption	208	133
Purchases of premises and equipment	(564)	(126)
Purchase of BOLI	(20,000)	0
Net cash (used) provided by investing activities	(6,514)	5,224
Cash flows from financing activities:
Net increase (decrease) in deposits	9,581	(36,946)
Advances from the FHLB	0	16,500
Proceeds from stock options exercises	490	3,243
Repurchase and retirement of common stock	(7,986)	(10,823)
Dividends paid	(1,666)	(1,508)
Net cash provided (used) by financing activities	419	(29,534)
Cash and cash equivalents:
Net increase (decrease) in cash and cash equivalents	2,925	(14,889)
Cash and cash equivalents at beginning of quarter	104,049	55,575
Cash and cash equivalents at end of quarter	106,974	40,686
Cash paid during the period for:
Interest paid	3,282	3,098
Federal income taxes paid	126	109
Noncash transactions:
Loans transferred to OREO, net of deferred loan fees and allowance for loan losses	141	1,630
Change in unrealized loss on investments available for sale	$ (270)	$ 2,213

Description of Business

Description of Business	6 Months Ended
	Jun. 30, 2015
Accounting Policies [Abstract]
Description of Business	Description of Business First Financial Northwest, Inc. (“First Financial Northwest”), a Washington corporation, was formed on June 1, 2007 for the purpose of becoming the holding company for First Savings Bank Northwest (“First Savings Bank” or “the Bank”) in connection with the conversion from a mutual holding company structure to a stock holding company structure completed on October 9, 2007. First Financial Northwest's business activities generally are limited to passive investment activities and oversight of its investment in First Savings Bank. Accordingly, the information presented in the consolidated financial statements and accompanying data, relates primarily to First Savings Bank. First Financial Northwest is a bank holding company, having converted from a savings and loan holding company as of March 31, 2015, subject to regulation by the Federal Reserve Bank of San Francisco. First Savings Bank is regulated by the Federal Deposit Insurance Corporation (“FDIC”) and the Washington State Department of Financial Institutions (“DFI”). First Savings Bank is a community-based savings bank primarily serving King, and to a lesser extent, Pierce, Snohomish and Kitsap counties, Washington, through one full-service banking office located in Renton, Washington. First Financial Northwest has announced that as of August 21, 2015, the Bank is changing its name to "First Financial Northwest Bank". In addition, the Bank has received regulatory approvals to open a branch office in Mill Creek, Washington, which we expect to contribute to growth in our market presence in Snohomish County. This new branch office, scheduled to open in the third quarter of 2015, will be smaller than traditional bank offices, utilizing technology alternatives in an effort to manage expenses with this expansion. The Bank is a portfolio lender, originating one-to-four family residential, multifamily, commercial real estate, construction/land development, business, and consumer loans. Our current business strategy emphasizes commercial real estate, construction, one-to-four family residential, and multifamily lending, funded primarily by deposits from the general public, supplemented by borrowings from the Federal Home Loan Bank of Des Moines and deposits raised in the national brokered deposit market. As used throughout this report, the terms "we," "our," "us," or the "Company" refer to First Financial Northwest, Inc. and its consolidated subsidiary First Savings Bank Northwest, unless the context otherwise requires.

Basis of Presentation

Basis of Presentation	6 Months Ended
	Jun. 30, 2015
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited interim consolidated financial statements have been prepared pursuant to the rules and regulations of the U.S. Securities and Exchange Commission ("SEC"). Accordingly, they do not include all of the information and footnotes required by U.S. Generally Accepted Accounting Principles (“GAAP”) for complete financial statements. These unaudited interim consolidated financial statements should be read in conjunction with the Company's Annual Report on Form 10-K for the year ended December 31, 2014, as filed with the SEC. In our opinion, all adjustments (consisting only of normal recurring adjustments) considered necessary for a fair presentation of the unaudited interim consolidated financial statements in accordance with GAAP have been included. All significant intercompany balances and transactions between the Company and its subsidiaries have been eliminated in consolidation. Operating results for the six months ended June 30, 2015 , are not necessarily indicative of the results that may be expected for the year ending December 31, 2015. In preparing the unaudited consolidated financial statements, we are required to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the allowance for loan and lease losses ("ALLL"), the valuation of other real estate owned ("OREO") and the underlying collateral of impaired loans, deferred tax assets, and the fair value of financial instruments. The Company's activities are considered to be a single industry segment for financial reporting purposes. The Company is engaged in the business of attracting deposits from the general public and originating loans for its portfolio in its primary market area. Substantially all income is derived from a diverse base of commercial, multifamily, and residential real estate loans, consumer lending activities, and investments. Certain amounts in the unaudited interim consolidated financial statements for prior periods have been reclassified to conform to the current unaudited financial statement presentation with no effect on consolidated net income or stockholders' equity.

Recently Issued Accounting Pron

Recently Issued Accounting Pronouncements	6 Months Ended
	Jun. 30, 2015
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In January 2015, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2015-01, Income Statement - Extraordinary and Unusual Items (Subtopic 225-20). The ASU eliminated from GAAP the concept of extraordinary items. Under subtopic 225-20, entities were required to separately classify, present, and disclose extraordinary events and transactions that were both unusual in nature and infrequent in occurrence. This amendment will save time and reduce costs for preparers, as well as alleviate uncertainty for auditors and regulators in evaluating potentially extraordinary items. The amendment is effective for fiscal years and interim reporting periods after December 15, 2015. It may be applied prospectively and retrospectively to all reporting periods presented in the financial statements. The adoption of ASU No. 2015-01 is not expected to have a material impact on the Company's consolidated financial statements. In February 2015, the FASB issued ASU No. 2015-02, Consolidation (Topic 810) - Amendments to the Consolidation Analysis. The amendments in this ASU affect limited partnerships and similar legal entities, evaluation of fees paid as a variable interest, the effect of fee arrangements and related parties on the primary beneficiary determination, and evaluation of certain investment funds. Under the revised consolidation model, all legal entities are subject to reevaluation. The amendments are effective for public business entities for fiscal years and interim reporting periods beginning after December 15, 2015. They may be applied retrospectively and early adoption is permitted. The adoption of ASU No. 2015-02 is not expected to have a material impact on the Company's consolidated financial statements. In April 2015, the FASB issued ASU No. 2015-05, Intangibles--Goodwill and Other--Internal-Use Software (Subtopic 350-40). The amendments in this ASU helps entities evaluate the accounting for fees paid for a cloud computing arrangement by providing guidance as to whether the arrangement includes a software license. If the arrangement does not include a software license, then the arrangement should be accounted for as a service contract. Prior to the release of this standard, stakeholders were concerned the absence of specific guidance resulted in diversity of practice and unnecessary costs. These amendments will be effective for annual and interim periods beginning after December 15, 2015. The amendments may be adopted prospectively or retrospectively. The adoption of ASU No. 2015-05 is not expected to have a material impact on the Company's consolidated financial statements. In June 2015, the FASB issued ASU No. 2015-10, Technical Corrections and Improvements. The amendments in this update facilitate updates for technical corrections, clarifications, and improvements to the FASB Accounting Standards Codification . The amendments in this update fall into one of the following categories: amendments related to differences between original guidance and the codification, guidance clarification and reference corrections, simplification, and minor improvements. The amendments in this update requiring transition guidance are effective for fiscal years and interim periods beginning after December 15, 2015, with early adoption permitted. The adoption of ASU No. 2015-10 is not expected to have a material impact on the Company's consolidated financial statements.

Investments

Investments	6 Months Ended
	Jun. 30, 2015
Investments [Abstract]
Investments	Investments Investments available-for-sale are summarized as follows at the dates indicated: June 30, 2015 Amortized Gross Gross Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 38,303 $ 753 $ (81 ) $ 38,975 Freddie Mac 22,957 451 (60 ) 23,348 Ginnie Mae 22,812 97 (151 ) 22,758 Municipal bonds 3,515 3 (34 ) 3,484 U.S. Government agencies 14,310 98 (93 ) 14,315 Corporate bonds 14,052 30 (49 ) 14,033 Total $ 115,949 $ 1,432 $ (468 ) $ 116,913 December 31, 2014 Amortized Gross Gross Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 40,083 $ 863 $ (30 ) $ 40,916 Freddie Mac 21,442 526 (22 ) 21,946 Ginnie Mae 26,049 87 (122 ) 26,014 Municipal bonds 642 2 — 644 U.S. Government agencies 16,863 104 (151 ) 16,816 Corporate bonds 14,061 39 (62 ) 14,038 Total $ 119,140 $ 1,621 $ (387 ) $ 120,374 The following tables summarize the aggregate fair value and gross unrealized loss by length of time those investments have been continuously in an unrealized loss position at the dates indicated: June 30, 2015 Less Than 12 Months 12 Months or Longer Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss (In thousands) Mortgage-backed investments: Fannie Mae $ 5,482 $ (42 ) $ 1,231 $ (39 ) $ 6,713 $ (81 ) Freddie Mac 5,777 (60 ) — — 5,777 (60 ) Ginnie Mae 5,908 (34 ) 8,591 (117 ) 14,499 (151 ) Municipal bonds 2,302 (34 ) — — 2,302 (34 ) U.S. Government agencies 4,650 (70 ) 1,977 (23 ) 6,627 (93 ) Corporate bonds 3,031 (10 ) 4,461 (39 ) 7,492 (49 ) Total $ 27,150 $ (250 ) $ 16,260 $ (218 ) $ 43,410 $ (468 ) December 31, 2014 Less Than 12 Months 12 Months or Longer Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss (In thousands) Mortgage-backed investments: Fannie Mae $ — $ — $ 1,456 $ (30 ) $ 1,456 $ (30 ) Freddie Mac — — 1,832 (22 ) 1,832 (22 ) Ginnie Mae 1,883 (6 ) 9,952 (116 ) 11,835 (122 ) U.S. Government agencies 545 — 8,096 (151 ) 8,641 (151 ) Corporate bonds 1,496 (4 ) 5,942 (58 ) 7,438 (62 ) Total $ 3,924 $ (10 ) $ 27,278 $ (377 ) $ 31,202 $ (387 ) On a quarterly basis, management makes an assessment to determine whether there have been any events or economic circumstances to indicate that a security on which there is an unrealized loss is impaired on an other-than-temporary basis. The Company considers many factors including the severity and duration of the impairment, recent events specific to the issuer or industry, and for debt securities, external credit ratings and recent downgrades. Securities on which there is an unrealized loss that is deemed to be an other-than-temporary impairment ("OTTI") are written down to fair value. If the Company intends to sell a debt security, or it is likely that the Company will be required to sell the security before recovering its cost basis, the entire impairment loss would be recognized in earnings as an OTTI. If the Company does not intend to sell the security and it is not likely that it will be required to sell the security but does not expect to recover the entire amortized cost basis of the security, only the portion of the impairment loss representing credit losses would be recognized in earnings. The credit loss on a security is measured as the difference between the amortized cost basis and the present value of the cash flows expected to be collected. Projected cash flows are discounted by the original or current effective interest rate depending on the nature of the security being measured for potential OTTI. The remaining impairment related to all other factors, the difference between the present value of the cash flows expected to be collected and fair value, is recognized as a charge to other comprehensive income (“OCI”). Impairment losses related to all other factors are presented as separate categories within OCI. At June 30, 2015 , the Company had 32 securities in an unrealized loss position, of which 13 have been in an unrealized loss position for 12 months or more. Management reviewed the financial condition of the entities issuing municipal or corporate bonds at June 30, 2015 and December 31, 2014, and determined that an OTTI charge was not warranted. The amortized cost and estimated fair value of investments available-for-sale at June 30, 2015 , by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Investments not due at a single maturity date, primarily mortgage-backed investments, are shown separately. June 30, 2015 Amortized Cost Fair Value (In thousands) Due within one year $ — $ — Due after one year through five years 13,570 13,542 Due after five years through ten years 13,971 13,909 Due after ten years 4,336 4,381 31,877 31,832 Mortgage-backed investments 84,072 85,081 Total $ 115,949 $ 116,913 Under Washington state law, in order to participate in the public funds program the Company is required to pledge eligible securities as collateral in an amount equal to 100% of the public deposits held. Investments with market values of $15.6 million and $16.3 million were pledged as collateral for public deposits at June 30, 2015 and December 31, 2014, respectively, both of which exceeded the collateral requirements established by the Washington Public Deposit Protection Commission. For the three and six months ended June 30, 2015, we had calls on investment securities of $1.5 million and $1.6 million respectively, with no gain or loss. We had no sales during these periods. For the three and six months ended June 30, 2014, we sold $5.0 million of investment securities generating a gross loss of $20,000 and had a call of $1.4 million with no gain or loss. During the three and six months ended June 30, 2015, we purchased fixed rate securities of $6.6 million and $8.5 million , respectively. There were no purchases of investment securities during the first six months of 2014.

Loans Receivable

Loans Receivable	6 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Loans Receivable	Loans Receivable Loans receivable are summarized as follows at the dates indicated: June 30, 2015 December 31, 2014 (In thousands) One-to-four family residential: Permanent owner occupied $ 152,764 $ 161,013 Permanent non-owner occupied 105,046 112,180 Construction non-owner occupied (1) — 500 257,810 273,693 Multifamily: Permanent 120,758 116,014 Construction (1) 2,265 4,450 123,023 120,464 Commercial real estate: Permanent 233,652 239,211 Construction (1) — 6,100 Land (2) 7,598 2,956 241,250 248,267 Construction/land development: One-to-four family residential (1) 30,448 19,860 Multifamily (1) 19,438 17,902 Commercial (1) 4,300 4,300 Land development (2) 8,013 8,993 62,199 51,055 Business 6,275 3,783 Consumer 7,051 7,130 Total loans 697,608 704,392 Less: Loans in process ("LIP") 25,182 27,359 Deferred loan fees, net 2,550 2,604 Allowance for loan and lease losses ("ALLL") 10,603 10,491 Loans receivable, net $ 659,273 $ 663,938 ___________ (1) Construction/land development excludes construction loans that will convert to permanent loans. The Company considers these loans to be "rollovers" in that one loan is originated for both the construction loan and permanent financing. These loans are classified according to the underlying collateral. At June 30, 2015 , the Company had no one-to-four family residential or commercial real estate loans, and $2.3 million or 1.8% of its total multifamily portfolio in these rollover loans. At December 31, 2014, the Company had $6.1 million or 2.5% of the total commercial real estate portfolio and $4.5 million or 3.7% of the total multifamily portfolio, and $500,000 or 0.2% of the total one-to-four family residential portfolio in these rollover loans. (2) At June 30, 2015 , and December 31, 2014, $7.6 million and $3.0 million , respectively, of commercial real estate loans were not included in the construction/land development category because the Company classifies raw land or buildable lots (where we do not intend to finance the construction) as commercial real estate land loans. At both June 30, 2015 and December 31, 2014 , there were no loans classified as held for sale. ALLL . The Company maintains an ALLL as a reserve against probable and inherent risk of losses in its loan portfolios. The ALLL is comprised of a general reserve component for loans evaluated collectively for loss and a specific reserve component for loans evaluated individually. We continually monitor our loan portfolio for delinquent loans and changes in our borrower's financial condition. When an issue is identified and it is determined that the loan needs to be classified as nonperforming and/or impaired, an evaluation of the collateral is performed and, if necessary, an appraisal is ordered in accordance with our appraisal policy guidelines. Based on this evaluation, any additional provision for loan loss or charge-offs is recorded prior to the end of the financial reporting period. The following tables summarize changes in the ALLL and loan portfolio by loan type and impairment method for the periods shown: At or For the Three Months Ended June 30, 2015 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,688 $ 1,023 $ 4,635 $ 741 $ 54 $ 367 $ 10,508 Charge-offs — — — — — — — Recoveries 518 — 57 — — 20 595 Provision (recapture) (670 ) 164 (256 ) 78 135 49 (500 ) Ending balance $ 3,536 $ 1,187 $ 4,436 $ 819 $ 189 $ 436 $ 10,603 At or For the Six Months Ended June 30, 2015 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,694 $ 1,646 $ 4,597 $ 355 $ 47 $ 152 $ 10,491 Charge-offs (25 ) (281 ) — — — (34 ) (340 ) Recoveries 691 — 57 — 3 301 1,052 Provision (recapture) (824 ) (178 ) (218 ) 464 139 17 (600 ) Ending balance $ 3,536 $ 1,187 $ 4,436 $ 819 $ 189 $ 436 $ 10,603 Allowance by category: General reserve $ 3,016 $ 1,184 $ 4,190 $ 819 $ 189 $ 394 $ 9,792 Specific reserve 520 3 246 — — 42 811 Loans: (1) Total loans $ 257,810 $ 122,481 $ 241,250 $ 37,559 $ 6,275 $ 7,051 $ 672,426 Loans with general (2) 219,369 119,189 233,078 37,559 6,275 6,858 622,328 Loans with specific (3) 38,441 3,292 8,172 — — 193 50,098 ____________ (1) Net of LIP. (2) Loans collectively evaluated for general reserves. (3) Loans individually evaluated for specific reserves. At or For the Three Months Ended June 30, 2014 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 4,575 $ 1,406 $ 5,536 $ 388 $ 7 $ 181 $ 12,093 Charge-offs (57 ) — — — — (23 ) (80 ) Recoveries 34 — — — 1 3 38 Provision (recapture) (175 ) 27 86 (55 ) 3 14 (100 ) Ending balance $ 4,377 $ 1,433 $ 5,622 $ 333 $ 11 $ 175 $ 11,951 At or For the Six Months Ended June 30, 2014 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 5,141 $ 1,377 $ 5,881 $ 399 $ 14 $ 182 $ 12,994 Charge-offs (75 ) — (311 ) (223 ) — (24 ) (633 ) Recoveries 34 — 151 — 1 4 190 Provision (recapture) (723 ) 56 (99 ) 157 (4 ) 13 (600 ) Ending balance $ 4,377 $ 1,433 $ 5,622 $ 333 $ 11 $ 175 $ 11,951 Allowance by category: General reserve $ 2,932 $ 1,401 $ 5,071 $ 333 $ 11 $ 175 $ 9,923 Specific reserve 1,445 32 551 — — — 2,028 Loans: (1) Total loans 272,065 129,639 259,701 20,680 897 8,149 691,131 Loans with general (2) 225,319 127,225 249,818 20,680 897 8,106 632,045 Loans with specific (3) 46,746 2,414 9,883 — — 43 59,086 _____________ (1) Net of LIP. (2) Loans collectively evaluated for general reserves. (3) Loans individually evaluated for specific reserves. Past Due Loans. Loans are considered past due if a scheduled principal or interest payment is due and unpaid for 30 days or more. At June 30, 2015 , total past due loans comprised 0.54% of total loans receivable, net of LIP, as compared to 0.66% at December 31, 2014. The following tables represent a summary of the aging of loans by type at the dates indicated: Loans Past Due as of June 30, 2015 30-59 Days 60-89 Days 90 Days and Total Past Current Total (1) (2) (In thousands) Real estate: One-to-four family residential: Owner occupied $ 1,352 $ 162 $ 233 $ 1,747 $ 151,017 $ 152,764 Non-owner occupied — — — — 105,046 105,046 Multifamily — — 1,683 1,683 120,798 122,481 Commercial real estate — — 94 94 241,156 241,250 Construction/land development — — — — 37,559 37,559 Total real estate 1,352 162 2,010 3,524 655,576 659,100 Business — — — — 6,275 6,275 Consumer 41 73 — 114 6,937 7,051 Total loans $ 1,393 $ 235 $ 2,010 $ 3,638 $ 668,788 $ 672,426 ________________ (1) There were no loans 90 days and greater past due and still accruing interest at June 30, 2015 . (2) Net of LIP. Loans Past Due as of December 31, 2014 30-59 Days 60-89 Days 90 Days and Total Past Current Total (1) (2) (In thousands) Real estate: One-to-four family residential: Owner occupied $ 666 $ 575 $ 666 $ 1,907 $ 159,106 $ 161,013 Non-owner occupied — — 164 164 112,388 112,552 Multifamily 1,965 — — 1,965 118,306 120,271 Commercial real estate — 325 11 336 247,632 247,968 Construction/land development — — — — 24,316 24,316 Total real estate 2,631 900 841 4,372 661,748 666,120 Business — — — — 3,783 3,783 Consumer — 75 — 75 7,055 7,130 Total loans $ 2,631 $ 975 $ 841 $ 4,447 $ 672,586 $ 677,033 _________________ (1) There were no loans 90 days and greater past due and still accruing interest at December 31, 2014. (2) Net of LIP. Nonaccrual Loans. Loans are placed on nonaccrual when they are 90 days delinquent or when, in management's opinion, the borrower is unable to meet scheduled payment obligations. In order to return a nonaccrual loan to accrual status, the Company evaluates the borrower's financial condition to ensure that future loan payments are reasonably assured. The Company also takes into consideration the borrower's willingness and ability to make the loan payments, as well as historical repayment performance. The Company requires the borrower to make loan payments consistently for a period of at least six months as agreed to under the terms of the loan agreement before the Company will consider reclassifying the loan to accrual status. The following table is a summary of nonaccrual loans by loan type at the dates indicated: June 30, 2015 December 31, 2014 (In thousands) One-to-four family residential $ 252 $ 830 Multifamily 1,683 — Commercial real estate 407 434 Consumer 73 75 Total nonaccrual loans $ 2,415 $ 1,339 During the three and six months ended June 30, 2015, interest income that would have been recognized had these nonaccrual loans been performing in accordance with their original terms was $33,000 and $56,000 , respectively. For the three and six months ended June 30, 2014, lost interest on nonaccrual loans was $33,000 and $79,000 , respectively. The following tables summarize the loan portfolio by type and payment status at the dates indicated: June 30, 2015 One-to-Four Multifamily Commercial Construction / Business Consumer Total (1) (In thousands) Performing (2) $ 257,558 $ 120,798 $ 240,843 $ 37,559 $ 6,275 $ 6,978 $ 670,011 Nonperforming (3) 252 1,683 407 — — 73 2,415 Total loans $ 257,810 $ 122,481 $ 241,250 $ 37,559 $ 6,275 $ 7,051 $ 672,426 _____________ (1) Net of LIP. (2) There were $152.5 million of owner-occupied one-to-four family residential loans and $105.1 million of non-owner occupied one-to-four family residential loans classified as performing. (3) There were $252,000 of owner-occupied one-to-four family residential loans and no non-owner occupied one-to-four family residential loans classified as nonperforming. December 31, 2014 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (1) (In thousands) Performing (2) $ 272,735 $ 120,271 $ 247,534 $ 24,316 $ 3,783 $ 7,055 $ 675,694 Nonperforming (3) 830 — 434 — — 75 1,339 Total loans $ 273,565 $ 120,271 $ 247,968 $ 24,316 $ 3,783 $ 7,130 $ 677,033 _____________ (1) Net of LIP. (2) There were $160.3 million of owner-occupied one-to-four family residential loans and $112.4 million of non-owner occupied one-to-four family residential loans classified as performing. (3) There were $666,000 of owner-occupied one-to-four family residential loans and $164,000 of non-owner occupied one-to-four family residential loans classified as nonperforming. Impaired Loans. A loan is considered impaired when we have determined that we may be unable to collect payments of principal or interest when due under the terms of the original loan document. When identifying loans as impaired, management takes into consideration factors which include payment history and status, collateral value, financial condition of the borrower, and the probability of collecting scheduled payments in the future. Minor payment delays and insignificant payment shortfalls typically do not result in a loan being classified as impaired. The significance of payment delays and shortfalls is considered by management on a case-by-case basis after taking into consideration the circumstances surrounding the loan and the borrower, including payment history and the amounts of any payment shortfall, length and reason for delay and the likelihood of a return to stable performance. Impairment is measured on a loan-by-loan basis for all loans in the portfolio. We obtain annual updated appraisals for impaired collateral dependent loans that exceed $1.0 million. There were no funds committed to be advanced in connection with impaired loans at either June 30, 2015 , or December 31, 2014. The following tables present a summary of loans individually evaluated for impairment by loan type at the dates indicated: June 30, 2015 Recorded Investment (1) Unpaid Principal Balance (2) Related Allowance (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 2,958 $ 3,217 $ — Non-owner occupied 25,663 25,740 — Multifamily 2,102 2,383 — Commercial real estate 4,500 4,810 — Consumer 116 152 — Total 35,339 36,302 — Loans with an allowance: One-to-four family residential: Owner occupied 2,135 2,205 98 Non-owner occupied 7,685 7,683 422 Multifamily 1,190 1,190 3 Commercial real estate 3,672 3,672 246 Consumer 77 77 42 Total 14,759 14,827 811 Total impaired loans: One-to-four family residential: Owner occupied 5,093 5,422 98 Non-owner occupied 33,348 33,423 422 Multifamily 3,292 3,573 3 Commercial real estate 8,172 8,482 246 Consumer 193 229 42 Total $ 50,098 $ 51,129 $ 811 _________________ (1) Represents the loan balance less charge-offs. (2) Contractual loan principal balance. December 31, 2014 Recorded Investment (1) Unpaid Principal Balance (2) Related Allowance (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 3,308 $ 3,661 $ — Non-owner occupied 29,224 29,266 — Commercial real estate 4,553 4,851 — Consumer 118 153 — Total 37,203 37,931 — Loans with an allowance: One-to-four family residential: Owner occupied 2,554 2,624 121 Non-owner occupied 8,652 8,704 679 Multifamily 2,172 2,172 27 Commercial real estate 4,999 4,999 329 Consumer 79 79 59 Total 18,456 18,578 1,215 Total impaired loans: One-to-four family residential: Owner occupied 5,862 6,285 121 Non-owner occupied 37,876 37,970 679 Multifamily 2,172 2,172 27 Commercial real estate 9,552 9,850 329 Consumer 197 232 59 Total $ 55,659 $ 56,509 $ 1,215 _________________ (1) Represents the loan balance less charge-offs. (2) Contractual loan principal balance. The following tables present the average recorded investment in loans individually evaluated for impairment and the interest income recognized for the three and six months ended June 30, 2015 and 2014: Three Months Ended June 30, 2015 Six Months Ended June 30, 2015 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 3,140 $ 41 $ 3,196 $ 82 Non-owner occupied 26,747 397 27,573 791 Multifamily 1,893 7 1,261 15 Commercial real estate 4,516 77 4,529 147 Consumer 117 — 117 1 Total 36,413 522 36,676 1,036 Loans with an allowance: One-to-four family residential: Owner occupied 2,139 29 2,278 59 Non-owner occupied 7,913 108 8,159 224 Multifamily 1,676 20 1,842 39 Commercial real estate 3,903 50 4,268 100 Consumer 78 1 78 2 Total 15,709 208 16,625 424 Total impaired loans: One-to-four family residential: Owner occupied 5,279 70 5,474 141 Non-owner occupied 34,660 505 35,732 1,015 Multifamily 3,569 27 3,103 54 Commercial real estate 8,419 127 8,797 247 Consumer 195 1 195 3 Total $ 52,122 $ 730 $ 53,301 $ 1,460 Three Months Ended June 30, 2014 Six Months Ended June 30, 2014 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 3,284 $ 34 $ 3,482 $ 72 Non-owner occupied 29,201 451 29,061 883 Multifamily 225 — 228 — Commercial real estate 4,272 44 4,923 82 Construction/land development — — 74 — Consumer 43 1 43 1 Consumer 37,025 530 37,811 1,038 Total Loans with an allowance: One-to-four family residential: Owner occupied 3,392 40 3,325 79 Non-owner occupied 11,178 149 11,551 306 Multifamily 2,196 37 2,200 71 Commercial real estate 7,055 94 7,065 181 Total 23,821 320 24,141 637 Total impaired loans: One-to-four family residential: Owner occupied 6,676 74 6,807 151 Non-owner occupied 40,379 600 40,612 1,189 Multifamily 2,421 37 2,428 71 Commercial real estate 11,327 138 11,988 263 Construction/land development — — 74 — Consumer 43 1 43 1 Total $ 60,846 $ 850 $ 61,952 $ 1,675 Troubled Debt Restructurings. Certain loan modifications are accounted for as troubled debt restructured loans ("TDRs"). In general, the modification or restructuring of a debt is considered a TDR if, for economic or legal reasons related to the borrower's financial difficulties, a concession is granted to the borrower that the Company would not otherwise consider. Once the loan is restructured, a current, well-documented credit evaluation of the borrower's financial condition and prospects for repayment are performed to assess the likelihood that all principal and interest payments required under the terms of the modified agreement will be collected in full. A loan that is classified as a TDR is generally reported as a TDR until the loan is paid in full or otherwise settled, sold, or charged-off. The accrual status of a loan may change after it has been classified as a TDR. Management considers the following in determining the accrual status of restructured loans: (1) if the loan was on accrual status prior to the restructuring, the borrower has demonstrated performance under the previous terms, and a credit evaluation shows the borrower's capacity to continue to perform under the restructured terms (both principal and interest payments), the loan will remain on accrual at the time of the restructuring; (2) if the loan was on nonaccrual status before the restructuring, and the Company's credit evaluation shows the borrower's capacity to meet the restructured terms, the loan would remain as nonaccrual for a minimum of six months after restructuring until the borrower has demonstrated a reasonable period of sustained repayment performance, thereby providing reasonable assurance as to the ultimate collection of principal and interest in full under the modified terms. At June 30, 2015 and December 31, 2014, the TDR portfolio totaled $47.6 million and $54.2 million , respectively, all of which were on accrual status and performing in accordance with the terms of their restructure. The following tables present loans that were modified as TDRs within the periods indicated, and their recorded investment both prior to and after the modification: Three Months Ended June 30, 2015 Six Months Ended June 30, 2015 Number of Loans Pre-Modification Outstanding Post-Modification Outstanding Number of Loans Pre-Modification Outstanding Post-Modification Outstanding (Dollars in thousands) One-to-four family Interest-only payments with interest rate concession and advancement of maturity date 6 $ 1,439 $ 1,439 6 $ 1,439 $ 1,439 Advancement of maturity date — — — 2 248 248 Commercial real estate: Advancement of maturity date 1 412 412 2 866 866 Interest-only payments with interest rate concession and advancement of maturity date 1 496 496 1 496 496 Interest-only payments with advancement of maturity date — — — 1 2,004 2,004 Total 8 $ 2,347 $ 2,347 12 $ 5,053 $ 5,053 Three Months Ended June 30, 2014 Six Months Ended June 30, 2014 Number of Loans Pre-Modification Outstanding Post-Modification Outstanding Number of Loans Pre-Modification Outstanding Post-Modification Outstanding (Dollars in thousands) One-to-four family Principal and interest with — $ — $ — 1 $ 221 $ 221 Advancement of maturity 4 772 772 4 772 772 Commercial real estate: Interest only payments with interest rate concession 1 2,004 2,004 1 2,004 2,004 Total 5 $ 2,776 $ 2,776 6 $ 2,997 $ 2,997 At June 30, 2015 , the Company had no commitments to extend additional credit to borrowers whose loan terms have been modified in TDRs. All TDRs are also classified as impaired loans and are included in the loans individually evaluated for impairment in the calculation of the ALLL. The TDRs that occurred during the three and six months ended June 30, 2015 and 2014, were the result of advancing the maturity date for balloon payments on loans otherwise current on principal and interest payments, or granting the borrower interest rate concessions and/or interest-only payments for a period of time ranging from one to three years. The impaired portion of the loan with an interest rate concession and/or interest-only payments for a specific period of time are calculated based on the present value of expected future cash flows discounted at the loan’s effective interest rate. The effective interest rate is the rate of return implicit on the original loan. This impaired amount increases the ALLL and is expensed to earnings. As loan payments are received in future periods, the entry is amortized over the life of the concession, reducing ALLL and recapturing provision expense. TDRs resulted in no charge-offs to the ALLL for the three and six months ended June 30, 2015 and 2014. TDRs that default after they have been modified are typically evaluated individually on a collateral basis. Any additional impairment further reduces the ALLL. For the three and six months ended June 30, 2015, and the three months ended June 30, 2014, no loans defaulted that had been modified as TDRs within the previous 12 months. For the six months ended June 30, 2014, one loan of $430,000 that was restructured with an advancement of maturity date during the previous 12 months missed a payment, but became current the subsequent quarter. Credit Quality Indicators . The Company utilizes a nine-category risk rating system and assigns a risk rating for all credit exposures. The risk rating system is designed to define the basic characteristics and identify risk elements of each credit extension. Credits risk rated 1 through 5 are considered to be “pass” credits. Pass credits include assets, such as cash secured loans with funds on deposit with the Bank, where there is virtually no credit risk. Pass credits also include credits that are on the Company's watch list, where the borrower exhibits potential weaknesses, which may, if not checked or corrected, negatively affect the borrower’s financial capacity and threaten their ability to fulfill debt obligations in the future. Credits classified as special mention are risk rated 6 and possess weaknesses that deserve management’s close attention. Special mention assets do not expose the Company to sufficient risk to warrant adverse classification in the substandard, doubtful or loss categories. Substandard credits are risk rated 7 . An asset is considered substandard if it is inadequately protected by the current net worth and payment capacity of the borrower or of any collateral pledged. Substandard assets include those characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. Assets classified as doubtful are risk rated 8 and have all the weaknesses inherent in those credits classified as substandard with the added characteristic that the weaknesses present make collection or liquidation in full highly questionable and improbable, on the basis of currently existing facts, conditions, and values. Assets classified as loss are risk rated 9 and are considered uncollectible and cannot be justified as a viable asset for the Company. There were no loans classified as doubtful or loss at June 30, 2015 and December 31, 2014. The following tables represent a summary of loans by type and risk category at the dates indicated: June 30, 2015 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (1) (In thousands) Risk Rating: Pass $ 248,772 $ 119,394 $ 227,853 $ 37,559 $ 6,275 $ 6,790 $ 646,643 Special mention 6,728 1,404 12,175 — — 188 20,495 Substandard 2,310 1,683 1,222 — — 73 5,288 Total loans $ 257,810 $ 122,481 $ 241,250 $ 37,559 $ 6,275 $ 7,051 $ 672,426 _____________ (1) Net of LIP. December 31, 2014 One-to-Four Family Residential Multifamily Commercial Real Estate Construction / Land Development Business Consumer Total (1) (In thousands) Risk Rating: Pass $ 263,094 $ 116,891 $ 235,841 $ 24,316 $ 3,783 $ 6,833 $ 650,758 Special mention 4,157 1,416 10,529 — — — 16,102 Substandard 6,314 1,964 1,598 — — 297 10,173 Total loans $ 273,565 $ 120,271 $ 247,968 $ 24,316 $ 3,783 $ 7,130 $ 677,033 _____________ (1) Net of LIP.

Other Real Estate Owned

Other Real Estate Owned	6 Months Ended
	Jun. 30, 2015
Other Real Estate [Abstract]
Other Real Estate Owned	Other Real Estate Owned The following table is a summary of OREO during the periods shown: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (In thousands) Balance at beginning of period $ 5,575 $ 11,609 $ 9,283 $ 11,465 Loans transferred to OREO — 439 141 1,630 Capitalized improvements — 52 — 52 Gross proceeds from sale of OREO (1,207 ) (1,858 ) (5,535 ) (2,638 ) Gain (loss) on sale of OREO 2 (36 ) 531 (107 ) Market value adjustments 46 (92 ) (4 ) (288 ) Balance at end of period $ 4,416 $ 10,114 $ 4,416 $ 10,114 We sold $1.2 million of OREO during the second quarter of 2015, which was comprised of four properties and one lot of a fifth property, recognizing a net gain of $2,000 . OREO includes properties acquired by the Company through foreclosure and deed in lieu of foreclosure. OREO at June 30, 2015 consisted of $4.1 million in commercial real estate properties, and $355,000 in construction and land development projects.

Fair Value

Fair Value	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Fair Value	Fair Value Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Company determines the fair values of its financial instruments based on the fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair values. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect its estimate for market assumptions. Valuation inputs refer to the assumptions market participants would use in pricing a given asset or liability using one of the three valuation techniques. Inputs can be observable or unobservable. Observable inputs are those assumptions that market participants would use in pricing the particular asset or liability. These inputs are based on market data and are obtained from an independent source. Unobservable inputs are assumptions based on the Company's own information or estimate of assumptions used by market participants in pricing the asset or liability. Unobservable inputs are based on the best and most current information available on the measurement date. All inputs, whether observable or unobservable, are ranked in accordance with a prescribed fair value hierarchy: • Level 1 - Quoted prices for identical instruments in active markets. • Level 2 - Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable. • Level 3 - Instruments whose significant value drivers are unobservable. The tables below present the balances of assets measured at fair value on a recurring basis (there were no transfers between Level 1, Level 2 and Level 3 recurring measurements) at the dates indicated: Fair Value Measurements at June 30, 2015 Fair Value Measurements Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (In thousands) Investments available-for-sale: Mortgage-backed investments: Fannie Mae $ 38,975 $ — $ 38,975 $ — Freddie Mac 23,348 — 23,348 — Ginnie Mae 22,758 — 22,758 — Municipal bonds 3,484 — 3,484 — U.S. Government agencies 14,315 — 14,315 — Corporate bonds 14,033 — 14,033 — Total $ 116,913 $ — $ 116,913 $ — Fair Value Measurements at December 31, 2014 Fair Value Measurements Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (In thousands) Investments available-for-sale: Mortgage-backed investments: Fannie Mae $ 40,916 $ — $ 40,916 $ — Freddie Mac 21,946 — 21,946 — Ginnie Mae 26,013 — 26,013 — Municipal bonds 644 — 644 — U.S. Government agencies 16,816 — 16,816 — Corporate bonds 14,039 — 14,039 — Total $ 120,374 $ — $ 120,374 $ — The estimated fair value of Level 2 investments is based on quoted prices for similar investments in active markets, identical or similar investments in markets that are not active and model-derived valuations whose inputs are observable. The tables below present the balances of assets measured at fair value on a nonrecurring basis at June 30, 2015 and December 31, 2014. Fair Value Measurements at June 30, 2015 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans (1) $ 49,287 $ — $ — $ 49,287 OREO 4,416 — — 4,416 Total $ 53,703 $ — $ — $ 53,703 _____________ (1) Total fair value of impaired loans is net of $811,000 of specific reserves on performing TDRs. Fair Value Measurements at December 31, 2014 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans (1) $ 54,444 $ — $ — $ 54,444 OREO 9,283 — — 9,283 Total $ 63,727 $ — $ — $ 63,727 _____________ (1) Total fair value of impaired loans is net of $1.2 million of specific reserves on performing TDRs. The fair value of impaired loans is calculated using the collateral value method or on a discounted cash flow basis. Inputs used in the collateral value method include appraised values, less estimated costs to sell. Some of these inputs may not be observable in the marketplace. Appraised values may be discounted based on management's knowledge of the marketplace, subsequent changes in market conditions, or management's knowledge of the borrower. OREO properties are measured at the lower of their carrying amount or fair value, less estimated costs to sell. Fair values are generally based on third party appraisals of the property, resulting in a Level 3 classification. In cases where the carrying amount exceeds the fair value, less estimated costs to sell, an impairment loss is recognized. The following table presents quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a nonrecurring basis at June 30, 2015 and December 31, 2014. June 30, 2015 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 49,287 Market approach Appraised value discounted by market or borrower conditions 0.0% - 11.1% (0.0%) OREO $ 4,416 Market approach Appraised value less selling costs 0.0% - 0.0% (0.0%) December 31, 2014 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 54,365 Market approach Appraised value discounted by market or borrower conditions 0% - 45.8% (2.2%) OREO $ 9,283 Market approach Appraised value less selling costs 0% - 19.4% (3.3%) The carrying amounts and estimated fair values of financial instruments were as follows at the dates indicated: June 30, 2015 Estimated Fair Value Measurements Using: Carrying Value Fair Value Level 1 Level 2 Level 3 (In thousands) Financial Assets: Cash on hand and in banks $ 5,550 $ 5,550 $ 5,550 $ — $ — Interest-earning deposits 101,424 101,424 101,424 — — Investments available-for-sale 116,913 116,913 — 116,913 — Loans receivable, net 659,273 672,499 — — 672,499 FHLB stock 6,537 6,537 — 6,537 — Accrued interest receivable 3,033 3,033 — 3,033 — Financial Liabilities: Deposits 222,216 222,216 222,216 — — Certificates of deposit, retail 335,370 336,689 — 336,689 — Certificates of deposit, brokered 66,122 66,635 — 66,635 — Advances from the FHLB 135,500 135,762 — 135,762 — Accrued interest payable 145 145 — 145 — December 31, 2014 Estimated Fair Value Measurements Using: Carrying Value Fair Value Level 1 Level 2 Level 3 (In thousands) Financial Assets: Cash on hand and in banks $ 5,920 $ 5,920 $ 5,920 $ — $ — Interest-earning deposits 98,129 98,129 98,129 — — Investments available-for-sale 120,374 120,374 — 120,374 — Loans receivable, net 663,938 678,676 — — 678,676 FHLB stock 6,745 6,745 — 6,745 — Accrued interest receivable 3,265 3,265 — 3,265 — Financial Liabilities: Deposits 201,539 201,539 201,539 — — Certificates of deposit, retail 358,159 359,049 — 359,049 — Certificates of deposit, brokered 54,429 55,229 — 55,229 — Advances from the FHLB 135,500 135,392 — 135,392 — Accrued interest payable 142 142 — 142 — Fair value estimates, methods, and assumptions are set forth below for the Company's financial instruments: • Financial instruments with book value equal to fair value: The fair value of financial instruments that are short-term or reprice frequently and that have little or no risk are considered to have a fair value equal to book value. These instruments include cash on hand and in banks, interest-earning deposits, FHLB stock, accrued interest receivable, accrued interest payable, and investment transactions payable. FHLB stock is not publicly-traded, however it may be redeemed on a dollar-for-dollar basis, for any amount the Bank is not required to hold, subject to the FHLB’s discretion. The fair value is therefore equal to the book value. • Investments available-for-sale: The fair value of all investments, excluding FHLB stock, was based upon quoted market prices for similar investments in active markets, identical or similar investments in markets that are not active and model-derived valuations whose inputs are observable. • Loans receivable: For variable rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying values. The fair value of fixed-rate loans is estimated using discounted cash flow analysis, utilizing interest rates that would be offered for loans with similar terms to borrowers of similar credit quality. As a result of current market conditions, cash flow estimates have been further discounted to include a credit factor. The fair value of nonperforming loans is estimated using the fair value of the underlying collateral. • Liabilities: The fair value of deposits with no stated maturity, such as statement savings, NOW and money market accounts, is equal to the amount payable on demand. The fair value of certificates of deposit is based on the discounted value of contractual cash flows using current interest rates for certificates of deposit with similar remaining maturities. The fair value of FHLB advances is estimated based on discounting the future cash flows using current interest rates for debt with similar remaining maturities. • Off balance sheet commitments: No fair value adjustment is necessary for commitments made to extend credit, which represents commitments for loan originations or for outstanding commitments to purchase loans. These commitments are at variable rates, are for loans with terms of less than one year and have interest rates which approximate prevailing market rates, or are set at the time of loan closing. Fair value estimates are based on existing balance sheet financial instruments without attempting to estimate the value of anticipated future business. The fair value has not been estimated for assets and liabilities that are not considered financial instruments.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2015
Share-based Compensation [Abstract]
Stock-Based Compensation	Stock-Based Compensation In June 2008, First Financial Northwest's shareholders approved the First Financial Northwest, Inc. 2008 Equity Incentive Plan (“Plan”). The Plan provides for the grant of stock options, restricted stock and stock appreciation rights. For the three months ended June 30, 2015 and 2014, total compensation expense for the Plan was $110,000 and $87,000 , respectively, and the related income tax benefit was $39,000 and $30,000 , respectively. For the six months ended June 30, 2015 and 2014, total compensation expense for the Plan was $219,000 and $172,000 , respectively, and the related income tax benefit was $77,000 and $60,000 , respectively. Stock Options The Plan authorizes the grant of stock options totaling 2,285,280 shares to Company directors, advisory directors, officers and employees. Option awards are granted with an exercise price equal to the market price of First Financial Northwest's common stock at the grant date. These option awards have a vesting period of five years, with 20% vesting on the anniversary date of each grant date, and a contractual life of 10 years. Any unexercised stock options will expire ten years after the grant date or sooner in the event of the award recipient’s death, disability or termination of service with the Company or the Bank. First Financial Northwest has a policy of issuing new shares from authorized but unissued common stock upon the exercise of stock options. At June 30, 2015 , remaining options for 651,756 shares of common stock were available for grant under the Plan. The fair value of each option award is estimated on the grant date using a Black-Scholes model that uses the following assumptions. The dividend yield is based on the current quarterly dividend in effect at the time of the grant. Historical employment data is used to estimate the forfeiture rate. The historical volatility of the Company's stock price over a specified period of time is used for the expected volatility assumption. First Financial Northwest bases the risk-free interest rate on the U.S. Treasury Constant Maturity Indices in effect on the date of the grant. First Financial Northwest elected to use the “Share-Based Payments” method permitted by the SEC to calculate the expected term. This method uses the vesting term of an option along with the contractual term, setting the expected life at the midpoint. A summary of the Company’s stock option plan awards and activity for the three and six months ended June 30, 2015 , follows: For the three months ended June 30, 2015 Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term in Years Aggregate Intrinsic Value Outstanding at April 1, 2015 899,260 $ 9.55 Granted — Exercised — Forfeited or expired — Outstanding at June 30, 2015 899,260 9.55 5.01 2,615,817 Vested and expecting to vest assuming a 3% forfeiture rate 891,370 9.54 4.98 2,598,500 Exercisable at June 30, 2015 636,260 9.26 3.61 2,038,577 For the six months ended June 30, 2015 Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term in Years Aggregate Intrinsic Value Outstanding at January 1, 2015 929,260 $ 9.51 Granted 20,000 12.05 — Exercised (50,000 ) 9.78 112,680 Forfeited or expired — — Outstanding at June 30, 2015 899,260 9.55 5.01 2,615,817 Vested and expecting to vest assuming a 3% forfeiture rate 891,370 9.54 4.98 2,598,500 Exercisable at June 30, 2015 636,260 9.26 3.61 2,038,577 As of June 30, 2015 , there was $765,000 of total unrecognized compensation cost related to nonvested stock options granted under the Plan. The cost is expected to be recognized over the remaining weighted-average vesting period of 3.55 years. Restricted Stock Awards The Plan authorizes the grant of restricted stock awards amounting to 914,112 shares to directors, advisory directors, officers and employees. Compensation expense is recognized over the vesting period of the awards based on the fair value of the stock at the grant date. The restricted stock awards’ fair value is equal to the stock price on the grant date. Shares awarded as restricted stock vest ratably over a five -year period beginning at the grant date with 20% vesting on the anniversary date of each grant date. At June 30, 2015 , remaining restricted stock awards for 74,478 shares were available to be awarded. Shares that have been awarded but have not yet vested are held in a reserve account until they are vested. A summary of changes in nonvested restricted stock awards for the three and six months ended June 30, 2015 , follows: For the three months ended Shares Weighted-Average Nonvested at April 1, 2015 75,600 $ 8.47 Granted — Vested (6,400 ) 4.03 Forfeited — Nonvested at June 30, 2015 69,200 8.88 Expected to vest assuming a 3% forfeiture rate over the vesting term 67,124 For the six months ended Shares Weighted-Average Nonvested at January 1, 2014 75,600 $ 8.47 Granted — Vested (6,400 ) 4.03 Forfeited — 0.00 Nonvested at June 30, 2015 69,200 8.88 Expected to vest assuming a 3% forfeiture rate over the vesting term 67,124 As of June 30, 2015 , there was $449,000 of total unrecognized compensation costs related to nonvested shares granted as restricted stock awards. The cost is expected to be recognized over the remaining weighted-average vesting period of 2.53 years.

Federal Income Taxes

Federal Income Taxes	6 Months Ended
	Jun. 30, 2015
Income Tax Disclosure [Abstract]
Federal Income Taxes	Federal Income Taxes Deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. These calculations are based on many complex factors including estimates of the timing of reversals of temporary differences, the interpretation of federal income tax laws, and a determination of the differences between the tax and the financial reporting basis of assets and liabilities. Actual results could differ significantly from the estimates and interpretations used in determining the current and deferred income tax assets and liabilities. Under GAAP, a valuation allowance is required to be recognized if it is “more likely than not” that a portion of the deferred tax asset will not be realized. Our policy is to evaluate our deferred tax assets on a quarterly basis and record a valuation allowance for our deferred tax asset if we do not have sufficient positive evidence indicating that it is more likely than not that some or all of the deferred tax asset will be realized. At June 30, 2015, the balance of the deferred tax valuation allowance was $450,000 as a result of a past net capital loss on securities. Our effective tax rate for the first six months of 2015 was 34.08% partially as a result of permanent tax exclusions of the cash surrender value of BOLI and equity compensation. The Company has prepared federal tax returns through December 31, 2014, at which time the net operating loss carryforward and capital loss carryforward was $8.7 million and will begin to expire in 2030. The Company has an alternative minimum tax credit carryforward totaling $2.1 million which has no expiration date.

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Per the provisions of FASB ASC 260, Earnings Per Share , nonvested share-based payment awards that contain nonforfeitable rights to dividends or dividend equivalents are participating securities and are included in the computation of EPS pursuant to the two-class method. The two-class method is an earnings allocation formula that determines earnings per share for each class of common stock and participating security according to dividends declared (or accumulated) and participation rights in undistributed earnings. ESOP shares are considered outstanding for basic and diluted earnings per share when the shares are committed to be released. Certain of the Company's nonvested restricted stock awards qualify as participating securities. Net income is allocated between the common stock and participating securities pursuant to the two-class method, based on their rights to receive dividends, participate in earnings, or absorb losses. Basic earnings per common shares is computed by dividing net earnings available to common shareholders by the weighted-average number of common shares outstanding during the period, excluding participating nonvested restricted shares. The following table presents a reconciliation of the components used to compute basic and diluted earnings per share for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (Dollars in thousands, except share data) Net income $ 2,368 $ 2,367 $ 4,597 $ 5,012 Less: Earnings allocated to participating (11 ) (14 ) $ (21 ) $ (30 ) Earnings allocated to common shareholders $ 2,357 $ 2,353 $ 4,576 $ 4,982 Basic weighted average common shares 13,756,336 15,042,712 13,895,872 15,146,999 Dilutive stock options 133,487 56,546 136,596 56,392 Dilutive restricted stock grants 26,491 21,680 24,730 20,764 Diluted weighted average common shares 13,916,314 15,120,938 14,057,198 15,224,155 Basic earnings per share $ 0.17 $ 0.16 $ 0.33 $ 0.33 Diluted earnings per share $ 0.17 $ 0.16 $ 0.33 $ 0.33 Potential dilutive shares are excluded from the computation of earnings per share if their effect is anti-dilutive. Options to purchase an additional 225,000 and 210,000 shares of common stock were not included in the computation of diluted earnings per share for the three and six months ended June 30, 2015 and 2014, respectively, because the incremental shares under the treasury stock method of calculation resulted in them being antidilutive.

Investments (Tables)

Investments (Tables)	6 Months Ended
	Jun. 30, 2015
Investments [Abstract]
Available-for-sale Securities	Investments available-for-sale are summarized as follows at the dates indicated: June 30, 2015 Amortized Gross Gross Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 38,303 $ 753 $ (81 ) $ 38,975 Freddie Mac 22,957 451 (60 ) 23,348 Ginnie Mae 22,812 97 (151 ) 22,758 Municipal bonds 3,515 3 (34 ) 3,484 U.S. Government agencies 14,310 98 (93 ) 14,315 Corporate bonds 14,052 30 (49 ) 14,033 Total $ 115,949 $ 1,432 $ (468 ) $ 116,913 December 31, 2014 Amortized Gross Gross Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 40,083 $ 863 $ (30 ) $ 40,916 Freddie Mac 21,442 526 (22 ) 21,946 Ginnie Mae 26,049 87 (122 ) 26,014 Municipal bonds 642 2 — 644 U.S. Government agencies 16,863 104 (151 ) 16,816 Corporate bonds 14,061 39 (62 ) 14,038 Total $ 119,140 $ 1,621 $ (387 ) $ 120,374
Schedule of Available for sale Securities in Continuous Unrealized Loss positions	The following tables summarize the aggregate fair value and gross unrealized loss by length of time those investments have been continuously in an unrealized loss position at the dates indicated: June 30, 2015 Less Than 12 Months 12 Months or Longer Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss (In thousands) Mortgage-backed investments: Fannie Mae $ 5,482 $ (42 ) $ 1,231 $ (39 ) $ 6,713 $ (81 ) Freddie Mac 5,777 (60 ) — — 5,777 (60 ) Ginnie Mae 5,908 (34 ) 8,591 (117 ) 14,499 (151 ) Municipal bonds 2,302 (34 ) — — 2,302 (34 ) U.S. Government agencies 4,650 (70 ) 1,977 (23 ) 6,627 (93 ) Corporate bonds 3,031 (10 ) 4,461 (39 ) 7,492 (49 ) Total $ 27,150 $ (250 ) $ 16,260 $ (218 ) $ 43,410 $ (468 ) December 31, 2014 Less Than 12 Months 12 Months or Longer Total Fair Value Unrealized Loss Fair Value Unrealized Loss Fair Value Unrealized Loss (In thousands) Mortgage-backed investments: Fannie Mae $ — $ — $ 1,456 $ (30 ) $ 1,456 $ (30 ) Freddie Mac — — 1,832 (22 ) 1,832 (22 ) Ginnie Mae 1,883 (6 ) 9,952 (116 ) 11,835 (122 ) U.S. Government agencies 545 — 8,096 (151 ) 8,641 (151 ) Corporate bonds 1,496 (4 ) 5,942 (58 ) 7,438 (62 ) Total $ 3,924 $ (10 ) $ 27,278 $ (377 ) $ 31,202 $ (387 )
Schedule of Available for sale Securities, Debt Maturities	June 30, 2015 Amortized Cost Fair Value (In thousands) Due within one year $ — $ — Due after one year through five years 13,570 13,542 Due after five years through ten years 13,971 13,909 Due after ten years 4,336 4,381 31,877 31,832 Mortgage-backed investments 84,072 85,081 Total $ 115,949 $ 116,913

Loans Receivable_ Schedule of A

Loans Receivable: Schedule of Accounts, Notes, Loans and Financing Receivable (Tables)	6 Months Ended
	Jun. 30, 2015
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	Loans receivable are summarized as follows at the dates indicated: June 30, 2015 December 31, 2014 (In thousands) One-to-four family residential: Permanent owner occupied $ 152,764 $ 161,013 Permanent non-owner occupied 105,046 112,180 Construction non-owner occupied (1) — 500 257,810 273,693 Multifamily: Permanent 120,758 116,014 Construction (1) 2,265 4,450 123,023 120,464 Commercial real estate: Permanent 233,652 239,211 Construction (1) — 6,100 Land (2) 7,598 2,956 241,250 248,267 Construction/land development: One-to-four family residential (1) 30,448 19,860 Multifamily (1) 19,438 17,902 Commercial (1) 4,300 4,300 Land development (2) 8,013 8,993 62,199 51,055 Business 6,275 3,783 Consumer 7,051 7,130 Total loans 697,608 704,392 Less: Loans in process ("LIP") 25,182 27,359 Deferred loan fees, net 2,550 2,604 Allowance for loan and lease losses ("ALLL") 10,603 10,491 Loans receivable, net $ 659,273 $ 663,938 ___________ (1) Construction/land development excludes construction loans that will convert to permanent loans. The Company considers these loans to be "rollovers" in that one loan is originated for both the construction loan and permanent financing. These loans are classified according to the underlying collateral. At June 30, 2015 , the Company had no one-to-four family residential or commercial real estate loans, and $2.3 million or 1.8% of its total multifamily portfolio in these rollover loans. At December 31, 2014, the Company had $6.1 million or 2.5% of the total commercial real estate portfolio and $4.5 million or 3.7% of the total multifamily portfolio, and $500,000 or 0.2% of the total one-to-four family residential portfolio in these rollover loans. (2) At June 30, 2015 , and December 31, 2014, $7.6 million and $3.0 million , respectively, of commercial real estate loans were not included in the construction/land development category because the Company classifies raw land or buildable lots (where we do not intend to finance the construction) as commercial real estate land loans.
Schedule of Allowance for Loan and Lease Losses, Roll Forward	The following tables summarize changes in the ALLL and loan portfolio by loan type and impairment method for the periods shown: At or For the Three Months Ended June 30, 2015 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,688 $ 1,023 $ 4,635 $ 741 $ 54 $ 367 $ 10,508 Charge-offs — — — — — — — Recoveries 518 — 57 — — 20 595 Provision (recapture) (670 ) 164 (256 ) 78 135 49 (500 ) Ending balance $ 3,536 $ 1,187 $ 4,436 $ 819 $ 189 $ 436 $ 10,603 At or For the Six Months Ended June 30, 2015 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,694 $ 1,646 $ 4,597 $ 355 $ 47 $ 152 $ 10,491 Charge-offs (25 ) (281 ) — — — (34 ) (340 ) Recoveries 691 — 57 — 3 301 1,052 Provision (recapture) (824 ) (178 ) (218 ) 464 139 17 (600 ) Ending balance $ 3,536 $ 1,187 $ 4,436 $ 819 $ 189 $ 436 $ 10,603 Allowance by category: General reserve $ 3,016 $ 1,184 $ 4,190 $ 819 $ 189 $ 394 $ 9,792 Specific reserve 520 3 246 — — 42 811 Loans: (1) Total loans $ 257,810 $ 122,481 $ 241,250 $ 37,559 $ 6,275 $ 7,051 $ 672,426 Loans with general (2) 219,369 119,189 233,078 37,559 6,275 6,858 622,328 Loans with specific (3) 38,441 3,292 8,172 — — 193 50,098 ____________ (1) Net of LIP. (2) Loans collectively evaluated for general reserves. (3) Loans individually evaluated for specific reserves. At or For the Three Months Ended June 30, 2014 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 4,575 $ 1,406 $ 5,536 $ 388 $ 7 $ 181 $ 12,093 Charge-offs (57 ) — — — — (23 ) (80 ) Recoveries 34 — — — 1 3 38 Provision (recapture) (175 ) 27 86 (55 ) 3 14 (100 ) Ending balance $ 4,377 $ 1,433 $ 5,622 $ 333 $ 11 $ 175 $ 11,951 At or For the Six Months Ended June 30, 2014 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 5,141 $ 1,377 $ 5,881 $ 399 $ 14 $ 182 $ 12,994 Charge-offs (75 ) — (311 ) (223 ) — (24 ) (633 ) Recoveries 34 — 151 — 1 4 190 Provision (recapture) (723 ) 56 (99 ) 157 (4 ) 13 (600 ) Ending balance $ 4,377 $ 1,433 $ 5,622 $ 333 $ 11 $ 175 $ 11,951 Allowance by category: General reserve $ 2,932 $ 1,401 $ 5,071 $ 333 $ 11 $ 175 $ 9,923 Specific reserve 1,445 32 551 — — — 2,028 Loans: (1) Total loans 272,065 129,639 259,701 20,680 897 8,149 691,131 Loans with general (2) 225,319 127,225 249,818 20,680 897 8,106 632,045 Loans with specific (3) 46,746 2,414 9,883 — — 43 59,086 _____________ (1) Net of LIP. (2) Loans collectively evaluated for general reserves. (3) Loans individually evaluated for specific reserves.
Financing Receivables, Aging of loans	The following tables represent a summary of the aging of loans by type at the dates indicated: Loans Past Due as of June 30, 2015 30-59 Days 60-89 Days 90 Days and Total Past Current Total (1) (2) (In thousands) Real estate: One-to-four family residential: Owner occupied $ 1,352 $ 162 $ 233 $ 1,747 $ 151,017 $ 152,764 Non-owner occupied — — — — 105,046 105,046 Multifamily — — 1,683 1,683 120,798 122,481 Commercial real estate — — 94 94 241,156 241,250 Construction/land development — — — — 37,559 37,559 Total real estate 1,352 162 2,010 3,524 655,576 659,100 Business — — — — 6,275 6,275 Consumer 41 73 — 114 6,937 7,051 Total loans $ 1,393 $ 235 $ 2,010 $ 3,638 $ 668,788 $ 672,426 ________________ (1) There were no loans 90 days and greater past due and still accruing interest at June 30, 2015 . (2) Net of LIP. Loans Past Due as of December 31, 2014 30-59 Days 60-89 Days 90 Days and Total Past Current Total (1) (2) (In thousands) Real estate: One-to-four family residential: Owner occupied $ 666 $ 575 $ 666 $ 1,907 $ 159,106 $ 161,013 Non-owner occupied — — 164 164 112,388 112,552 Multifamily 1,965 — — 1,965 118,306 120,271 Commercial real estate — 325 11 336 247,632 247,968 Construction/land development — — — — 24,316 24,316 Total real estate 2,631 900 841 4,372 661,748 666,120 Business — — — — 3,783 3,783 Consumer — 75 — 75 7,055 7,130 Total loans $ 2,631 $ 975 $ 841 $ 4,447 $ 672,586 $ 677,033 _________________ (1) There were no loans 90 days and greater past due and still accruing interest at December 31, 2014. (2) Net of LIP.
Schedule of non-accrual loans	The following table is a summary of nonaccrual loans by loan type at the dates indicated: June 30, 2015 December 31, 2014 (In thousands) One-to-four family residential $ 252 $ 830 Multifamily 1,683 — Commercial real estate 407 434 Consumer 73 75 Total nonaccrual loans $ 2,415 $ 1,339
Financing Receivables, Summary of loans by type and payment activity	The following tables summarize the loan portfolio by type and payment status at the dates indicated: June 30, 2015 One-to-Four Multifamily Commercial Construction / Business Consumer Total (1) (In thousands) Performing (2) $ 257,558 $ 120,798 $ 240,843 $ 37,559 $ 6,275 $ 6,978 $ 670,011 Nonperforming (3) 252 1,683 407 — — 73 2,415 Total loans $ 257,810 $ 122,481 $ 241,250 $ 37,559 $ 6,275 $ 7,051 $ 672,426 _____________ (1) Net of LIP. (2) There were $152.5 million of owner-occupied one-to-four family residential loans and $105.1 million of non-owner occupied one-to-four family residential loans classified as performing. (3) There were $252,000 of owner-occupied one-to-four family residential loans and no non-owner occupied one-to-four family residential loans classified as nonperforming. December 31, 2014 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (1) (In thousands) Performing (2) $ 272,735 $ 120,271 $ 247,534 $ 24,316 $ 3,783 $ 7,055 $ 675,694 Nonperforming (3) 830 — 434 — — 75 1,339 Total loans $ 273,565 $ 120,271 $ 247,968 $ 24,316 $ 3,783 $ 7,130 $ 677,033 _____________ (1) Net of LIP. (2) There were $160.3 million of owner-occupied one-to-four family residential loans and $112.4 million of non-owner occupied one-to-four family residential loans classified as performing. (3) There were $666,000 of owner-occupied one-to-four family residential loans and $164,000 of non-owner occupied one-to-four family residential loans classified as nonperforming.
Schedule Of Impaired Financing Receivables	The following tables present a summary of loans individually evaluated for impairment by loan type at the dates indicated: June 30, 2015 Recorded Investment (1) Unpaid Principal Balance (2) Related Allowance (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 2,958 $ 3,217 $ — Non-owner occupied 25,663 25,740 — Multifamily 2,102 2,383 — Commercial real estate 4,500 4,810 — Consumer 116 152 — Total 35,339 36,302 — Loans with an allowance: One-to-four family residential: Owner occupied 2,135 2,205 98 Non-owner occupied 7,685 7,683 422 Multifamily 1,190 1,190 3 Commercial real estate 3,672 3,672 246 Consumer 77 77 42 Total 14,759 14,827 811 Total impaired loans: One-to-four family residential: Owner occupied 5,093 5,422 98 Non-owner occupied 33,348 33,423 422 Multifamily 3,292 3,573 3 Commercial real estate 8,172 8,482 246 Consumer 193 229 42 Total $ 50,098 $ 51,129 $ 811 _________________ (1) Represents the loan balance less charge-offs. (2) Contractual loan principal balance. December 31, 2014 Recorded Investment (1) Unpaid Principal Balance (2) Related Allowance (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 3,308 $ 3,661 $ — Non-owner occupied 29,224 29,266 — Commercial real estate 4,553 4,851 — Consumer 118 153 — Total 37,203 37,931 — Loans with an allowance: One-to-four family residential: Owner occupied 2,554 2,624 121 Non-owner occupied 8,652 8,704 679 Multifamily 2,172 2,172 27 Commercial real estate 4,999 4,999 329 Consumer 79 79 59 Total 18,456 18,578 1,215 Total impaired loans: One-to-four family residential: Owner occupied 5,862 6,285 121 Non-owner occupied 37,876 37,970 679 Multifamily 2,172 2,172 27 Commercial real estate 9,552 9,850 329 Consumer 197 232 59 Total $ 55,659 $ 56,509 $ 1,215 _________________ (1) Represents the loan balance less charge-offs. (2) Contractual loan principal balance.
Schedule of Impaired Financing Receivables, Average Recorded Investment and Interest Income	The following tables present the average recorded investment in loans individually evaluated for impairment and the interest income recognized for the three and six months ended June 30, 2015 and 2014: Three Months Ended June 30, 2015 Six Months Ended June 30, 2015 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 3,140 $ 41 $ 3,196 $ 82 Non-owner occupied 26,747 397 27,573 791 Multifamily 1,893 7 1,261 15 Commercial real estate 4,516 77 4,529 147 Consumer 117 — 117 1 Total 36,413 522 36,676 1,036 Loans with an allowance: One-to-four family residential: Owner occupied 2,139 29 2,278 59 Non-owner occupied 7,913 108 8,159 224 Multifamily 1,676 20 1,842 39 Commercial real estate 3,903 50 4,268 100 Consumer 78 1 78 2 Total 15,709 208 16,625 424 Total impaired loans: One-to-four family residential: Owner occupied 5,279 70 5,474 141 Non-owner occupied 34,660 505 35,732 1,015 Multifamily 3,569 27 3,103 54 Commercial real estate 8,419 127 8,797 247 Consumer 195 1 195 3 Total $ 52,122 $ 730 $ 53,301 $ 1,460 Three Months Ended June 30, 2014 Six Months Ended June 30, 2014 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 3,284 $ 34 $ 3,482 $ 72 Non-owner occupied 29,201 451 29,061 883 Multifamily 225 — 228 — Commercial real estate 4,272 44 4,923 82 Construction/land development — — 74 — Consumer 43 1 43 1 Consumer 37,025 530 37,811 1,038 Total Loans with an allowance: One-to-four family residential: Owner occupied 3,392 40 3,325 79 Non-owner occupied 11,178 149 11,551 306 Multifamily 2,196 37 2,200 71 Commercial real estate 7,055 94 7,065 181 Total 23,821 320 24,141 637 Total impaired loans: One-to-four family residential: Owner occupied 6,676 74 6,807 151 Non-owner occupied 40,379 600 40,612 1,189 Multifamily 2,421 37 2,428 71 Commercial real estate 11,327 138 11,988 263 Construction/land development — — 74 — Consumer 43 1 43 1 Total $ 60,846 $ 850 $ 61,952 $ 1,675
Troubled Debt Restructurings on Financing Receivables	The following tables present loans that were modified as TDRs within the periods indicated, and their recorded investment both prior to and after the modification: Three Months Ended June 30, 2015 Six Months Ended June 30, 2015 Number of Loans Pre-Modification Outstanding Post-Modification Outstanding Number of Loans Pre-Modification Outstanding Post-Modification Outstanding (Dollars in thousands) One-to-four family Interest-only payments with interest rate concession and advancement of maturity date 6 $ 1,439 $ 1,439 6 $ 1,439 $ 1,439 Advancement of maturity date — — — 2 248 248 Commercial real estate: Advancement of maturity date 1 412 412 2 866 866 Interest-only payments with interest rate concession and advancement of maturity date 1 496 496 1 496 496 Interest-only payments with advancement of maturity date — — — 1 2,004 2,004 Total 8 $ 2,347 $ 2,347 12 $ 5,053 $ 5,053 Three Months Ended June 30, 2014 Six Months Ended June 30, 2014 Number of Loans Pre-Modification Outstanding Post-Modification Outstanding Number of Loans Pre-Modification Outstanding Post-Modification Outstanding (Dollars in thousands) One-to-four family Principal and interest with — $ — $ — 1 $ 221 $ 221 Advancement of maturity 4 772 772 4 772 772 Commercial real estate: Interest only payments with interest rate concession 1 2,004 2,004 1 2,004 2,004 Total 5 $ 2,776 $ 2,776 6 $ 2,997 $ 2,997
Financing Receivables, Summary of loans by type and risk category	The following tables represent a summary of loans by type and risk category at the dates indicated: June 30, 2015 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (1) (In thousands) Risk Rating: Pass $ 248,772 $ 119,394 $ 227,853 $ 37,559 $ 6,275 $ 6,790 $ 646,643 Special mention 6,728 1,404 12,175 — — 188 20,495 Substandard 2,310 1,683 1,222 — — 73 5,288 Total loans $ 257,810 $ 122,481 $ 241,250 $ 37,559 $ 6,275 $ 7,051 $ 672,426 _____________ (1) Net of LIP. December 31, 2014 One-to-Four Family Residential Multifamily Commercial Real Estate Construction / Land Development Business Consumer Total (1) (In thousands) Risk Rating: Pass $ 263,094 $ 116,891 $ 235,841 $ 24,316 $ 3,783 $ 6,833 $ 650,758 Special mention 4,157 1,416 10,529 — — — 16,102 Substandard 6,314 1,964 1,598 — — 297 10,173 Total loans $ 273,565 $ 120,271 $ 247,968 $ 24,316 $ 3,783 $ 7,130 $ 677,033 _____________ (1) Net of LIP.

Other Real Estate Owned (Tables

Other Real Estate Owned (Tables)	6 Months Ended
	Jun. 30, 2015
Other Real Estate [Abstract]
Other Real Estate, Roll Forward	The following table is a summary of OREO during the periods shown: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (In thousands) Balance at beginning of period $ 5,575 $ 11,609 $ 9,283 $ 11,465 Loans transferred to OREO — 439 141 1,630 Capitalized improvements — 52 — 52 Gross proceeds from sale of OREO (1,207 ) (1,858 ) (5,535 ) (2,638 ) Gain (loss) on sale of OREO 2 (36 ) 531 (107 ) Market value adjustments 46 (92 ) (4 ) (288 ) Balance at end of period $ 4,416 $ 10,114 $ 4,416 $ 10,114

Fair Value (Tables)

Fair Value (Tables)	6 Months Ended
	Jun. 30, 2015
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The tables below present the balances of assets measured at fair value on a recurring basis (there were no transfers between Level 1, Level 2 and Level 3 recurring measurements) at the dates indicated: Fair Value Measurements at June 30, 2015 Fair Value Measurements Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (In thousands) Investments available-for-sale: Mortgage-backed investments: Fannie Mae $ 38,975 $ — $ 38,975 $ — Freddie Mac 23,348 — 23,348 — Ginnie Mae 22,758 — 22,758 — Municipal bonds 3,484 — 3,484 — U.S. Government agencies 14,315 — 14,315 — Corporate bonds 14,033 — 14,033 — Total $ 116,913 $ — $ 116,913 $ — Fair Value Measurements at December 31, 2014 Fair Value Measurements Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (In thousands) Investments available-for-sale: Mortgage-backed investments: Fannie Mae $ 40,916 $ — $ 40,916 $ — Freddie Mac 21,946 — 21,946 — Ginnie Mae 26,013 — 26,013 — Municipal bonds 644 — 644 — U.S. Government agencies 16,816 — 16,816 — Corporate bonds 14,039 — 14,039 — Total $ 120,374 $ — $ 120,374 $ —
Schedule of balances of assets and liabilities, measured at fair value on a non-recurring basis	The tables below present the balances of assets measured at fair value on a nonrecurring basis at June 30, 2015 and December 31, 2014. Fair Value Measurements at June 30, 2015 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans (1) $ 49,287 $ — $ — $ 49,287 OREO 4,416 — — 4,416 Total $ 53,703 $ — $ — $ 53,703 _____________ (1) Total fair value of impaired loans is net of $811,000 of specific reserves on performing TDRs. Fair Value Measurements at December 31, 2014 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans (1) $ 54,444 $ — $ — $ 54,444 OREO 9,283 — — 9,283 Total $ 63,727 $ — $ — $ 63,727 _____________ (1) Total fair value of impaired loans is net of $1.2 million of specific reserves on performing TDRs.
Schedule of quantitative information about Level 3 Fair Value Measurements on a nonrecurring basis	The following table presents quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a nonrecurring basis at June 30, 2015 and December 31, 2014. June 30, 2015 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 49,287 Market approach Appraised value discounted by market or borrower conditions 0.0% - 11.1% (0.0%) OREO $ 4,416 Market approach Appraised value less selling costs 0.0% - 0.0% (0.0%) December 31, 2014 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 54,365 Market approach Appraised value discounted by market or borrower conditions 0% - 45.8% (2.2%) OREO $ 9,283 Market approach Appraised value less selling costs 0% - 19.4% (3.3%)
Fair Value, by Balance Sheet Grouping	The carrying amounts and estimated fair values of financial instruments were as follows at the dates indicated: June 30, 2015 Estimated Fair Value Measurements Using: Carrying Value Fair Value Level 1 Level 2 Level 3 (In thousands) Financial Assets: Cash on hand and in banks $ 5,550 $ 5,550 $ 5,550 $ — $ — Interest-earning deposits 101,424 101,424 101,424 — — Investments available-for-sale 116,913 116,913 — 116,913 — Loans receivable, net 659,273 672,499 — — 672,499 FHLB stock 6,537 6,537 — 6,537 — Accrued interest receivable 3,033 3,033 — 3,033 — Financial Liabilities: Deposits 222,216 222,216 222,216 — — Certificates of deposit, retail 335,370 336,689 — 336,689 — Certificates of deposit, brokered 66,122 66,635 — 66,635 — Advances from the FHLB 135,500 135,762 — 135,762 — Accrued interest payable 145 145 — 145 — December 31, 2014 Estimated Fair Value Measurements Using: Carrying Value Fair Value Level 1 Level 2 Level 3 (In thousands) Financial Assets: Cash on hand and in banks $ 5,920 $ 5,920 $ 5,920 $ — $ — Interest-earning deposits 98,129 98,129 98,129 — — Investments available-for-sale 120,374 120,374 — 120,374 — Loans receivable, net 663,938 678,676 — — 678,676 FHLB stock 6,745 6,745 — 6,745 — Accrued interest receivable 3,265 3,265 — 3,265 — Financial Liabilities: Deposits 201,539 201,539 201,539 — — Certificates of deposit, retail 358,159 359,049 — 359,049 — Certificates of deposit, brokered 54,429 55,229 — 55,229 — Advances from the FHLB 135,500 135,392 — 135,392 — Accrued interest payable 142 142 — 142 —

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2015
Share-based Compensation [Abstract]
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award	A summary of changes in nonvested restricted stock awards for the three and six months ended June 30, 2015 , follows: For the three months ended Shares Weighted-Average Nonvested at April 1, 2015 75,600 $ 8.47 Granted — Vested (6,400 ) 4.03 Forfeited — Nonvested at June 30, 2015 69,200 8.88 Expected to vest assuming a 3% forfeiture rate over the vesting term 67,124 A summary of the Company’s stock option plan awards and activity for the three and six months ended June 30, 2015 , follows: For the three months ended June 30, 2015 Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term in Years Aggregate Intrinsic Value Outstanding at April 1, 2015 899,260 $ 9.55 Granted — Exercised — Forfeited or expired — Outstanding at June 30, 2015 899,260 9.55 5.01 2,615,817 Vested and expecting to vest assuming a 3% forfeiture rate 891,370 9.54 4.98 2,598,500 Exercisable at June 30, 2015 636,260 9.26 3.61 2,038,577 For the six months ended June 30, 2015 Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term in Years Aggregate Intrinsic Value Outstanding at January 1, 2015 929,260 $ 9.51 Granted 20,000 12.05 — Exercised (50,000 ) 9.78 112,680 Forfeited or expired — — Outstanding at June 30, 2015 899,260 9.55 5.01 2,615,817 Vested and expecting to vest assuming a 3% forfeiture rate 891,370 9.54 4.98 2,598,500 Exercisable at June 30, 2015 636,260 9.26 3.61 2,038,577

Earnings Per Share_ Schedule of

Earnings Per Share: Schedule of Earnings Per Share Reconciliation (Tables)	6 Months Ended
	Jun. 30, 2015
Earnings Per Share [Abstract]
Schedule of Earnings Per Share Reconciliation	The following table presents a reconciliation of the components used to compute basic and diluted earnings per share for the periods indicated: Three Months Ended June 30, Six Months Ended June 30, 2015 2014 2015 2014 (Dollars in thousands, except share data) Net income $ 2,368 $ 2,367 $ 4,597 $ 5,012 Less: Earnings allocated to participating (11 ) (14 ) $ (21 ) $ (30 ) Earnings allocated to common shareholders $ 2,357 $ 2,353 $ 4,576 $ 4,982 Basic weighted average common shares 13,756,336 15,042,712 13,895,872 15,146,999 Dilutive stock options 133,487 56,546 136,596 56,392 Dilutive restricted stock grants 26,491 21,680 24,730 20,764 Diluted weighted average common shares 13,916,314 15,120,938 14,057,198 15,224,155 Basic earnings per share $ 0.17 $ 0.16 $ 0.33 $ 0.33 Diluted earnings per share $ 0.17 $ 0.16 $ 0.33 $ 0.33

Investments_ Available-for-sale

Investments: Available-for-sale Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Amortized Cost	$ 115,949	$ 119,140
Gross Unrealized Gains	1,432	1,621
Gross Unrealized Losses	(468)	(387)
Fair Value	116,913	120,374
Mortgage-backed investments, Fannie Mae
Amortized Cost	38,303	40,083
Gross Unrealized Gains	753	863
Gross Unrealized Losses	(81)	(30)
Fair Value	38,975	40,916
Mortgage-backed investments, Freddie Mac
Amortized Cost	22,957	21,442
Gross Unrealized Gains	451	526
Gross Unrealized Losses	(60)	(22)
Fair Value	23,348	21,946
Mortgage-backed investments, Ginnie Mae
Amortized Cost	22,812	26,049
Gross Unrealized Gains	97	87
Gross Unrealized Losses	(151)	(122)
Fair Value	22,758	26,014
Municipal Bonds
Amortized Cost	3,515	642
Gross Unrealized Gains	3	2
Gross Unrealized Losses	(34)	0
Fair Value	3,484	644
US Government agencies
Amortized Cost	14,310	16,863
Gross Unrealized Gains	98	104
Gross Unrealized Losses	(93)	(151)
Fair Value	14,315	16,816
Corporate Bonds
Amortized Cost	14,052	14,061
Gross Unrealized Gains	30	39
Gross Unrealized Losses	(49)	(62)
Fair Value	$ 14,033	$ 14,038

Investments_ Schedule of Availa

Investments: Schedule of Available for sale Securities in Continuous Unrealized Loss positions (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Fair Value	$ 27,150	$ 3,924
Unrealized Loss	(250)	(10)
Fair Value	16,260	27,278
Unrealized Loss	(218)	(377)
Fair Value	43,410	31,202
Unrealized Loss	(468)	(387)
Mortgage-backed investments, Fannie Mae
Fair Value	5,482	0
Unrealized Loss	(42)	0
Fair Value	1,231	1,456
Unrealized Loss	(39)	(30)
Fair Value	6,713	1,456
Unrealized Loss	(81)	(30)
Mortgage-backed investments, Freddie Mac
Fair Value	5,777	0
Unrealized Loss	(60)	0
Fair Value	0	1,832
Unrealized Loss	0	(22)
Fair Value	5,777	1,832
Unrealized Loss	(60)	(22)
Mortgage backed investments Ginnie Mae
Fair Value	5,908	1,883
Unrealized Loss	(34)	(6)
Fair Value	8,591	9,952
Unrealized Loss	(117)	(116)
Fair Value	14,499	11,835
Unrealized Loss	(151)	(122)
Municipal Bonds
Fair Value	2,302
Unrealized Loss	(34)
Fair Value	0
Unrealized Loss	0
Fair Value	2,302
Unrealized Loss	(34)
US Government agencies
Fair Value	4,650	545
Unrealized Loss	(70)	0
Fair Value	1,977	8,096
Unrealized Loss	(23)	(151)
Fair Value	6,627	8,641
Unrealized Loss	(93)	(151)
Corporate Bonds
Fair Value	3,031	1,496
Unrealized Loss	(10)	(4)
Fair Value	4,461	5,942
Unrealized Loss	(39)	(58)
Fair Value	7,492	7,438
Unrealized Loss	$ (49)	$ (62)

Investments_ Narrative (Details

Investments: Narrative (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)securities	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)securities	Jun. 30, 2014USD ($)	Dec. 31, 2014USD ($)
Investments [Abstract]
Number of Securities with a Gross Unrealized Loss | securities	32		32
Fair Value	$ 43,410,000		$ 43,410,000		$ 31,202,000
Unrealized Loss	$ 468,000		$ 468,000		387,000
Investments pledged as collateral for FHLB advances	100.00%		100.00%
Investments pledged as collateral for public deposits	$ 15,600,000		$ 15,600,000		$ 16,300,000
Principal repayments on investments available-for-sale	1,500,000		1,550,000	$ 6,380,000
Net loss on sale of investments	0	$ 20,000	0	20,000
Proceeds from Sale of Available-for-sale Securities, Debt			0	5,000,000
Proceeds from Maturities, Prepayments and Calls of Other Investments				1,400,000
Payments to Acquire Marketable Securities	$ 6,600,000		$ 8,520,000	$ 0

Investments_ Schedule of Avai29

Investments: Schedule of Available for sale Securities, Debt Maturities (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Investments [Abstract]
Due within one year, Amortized Cost	$ 0
Due after one year through five years, Amortized Cost	13,570
Due after five years through ten years, Amortized Cost	13,971
Due after ten years, Amortized Cost	4,336
Debt maturities, Amortized Cost	31,877
Mortgage-backed investments, Amortized Cost	84,072
Amortized Cost	115,949	$ 119,140
Due within one year, Fair Value	0
Due after one year through five years, Fair Value	13,542
Due after five years through ten years, Fair Value	13,909
Due after ten years, Fair Value	4,381
Debt maturities, Fair Value	31,832
Mortgage-backed investments, Fair Value	85,081
Fair Value	$ 116,913

Loans Receivable_ Schedule of30

Loans Receivable: Schedule of Accounts, Notes, Loans and Financing Receivable (Details) - USD ($) $ in Thousands		Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013
Loans receivable		$ 697,608		$ 704,392
Loans in process (LIP)		25,182		27,359
Deferred loan fees, net		2,550		2,604
ALLL		10,603		10,491
Loans receivable, net		659,273		663,938
One-to-four family, residential, owner occupied
Loans receivable		152,764		161,013
One to four family residential non owner occupied
Loans receivable		105,046		112,180
One to Four Family Construction
Loans receivable		0		500
One to Four Family
Loans receivable		257,810		273,693
Multifamily Permanent
Loans receivable		120,758		116,014
Multifamily Construction
Loans receivable		2,265		4,450
Loans excluded from category		$ 2,300		$ 4,500
Loans and Notes receivable, category as percent of total		1.80%		3.70%
One to four family residential
ALLL		$ 3,536	$ 3,688	$ 3,694	$ 4,377	$ 4,575	$ 5,141
Multifamily
Loans receivable		123,023		120,464
ALLL		1,187	1,023	1,646	1,433	1,406	1,377
Commercial Real Estate Permanent
Loans receivable		233,652		239,211
Commercial Real Estate Construction
Loans receivable		0		6,100
Loans excluded from category				$ 6,100
Loans and Notes receivable, category as percent of total				2.50%
Commercial Real Estate Land
Loans receivable		7,598		$ 2,956
Commercial Real Estate
Loans receivable		241,250		248,267
ALLL		4,436	4,635	4,597	5,622	5,536	5,881
Construction/Land Development One-to-four family residential
Loans receivable	[1]	30,448		19,860
Construction Land Development Multifamily
Loans receivable	[1]	19,438		17,902
Construction Land Development Commercial
Loans receivable	[1]	4,300		4,300
Loans excluded from category		7,600		3,000
Construction Land Development Land Development
Loans receivable	[1]	8,013		8,993
Construction Land Development
Loans receivable	[1]	62,199		51,055
ALLL		819	741	355	333	388	399
Business
Loans receivable		6,275		3,783
ALLL		189	54	47	11	7	14
Consumer
Loans receivable		7,051		7,130
ALLL		436	367	152	175	181	182
Property total
ALLL		$ 10,603	$ 10,508	$ 10,491	$ 11,951	$ 12,093	$ 12,994
[1]	xcludes construction loans that will convert to permanent loans. The Company considers these loans to be "rollovers" in that one loan is originated for both the construction loan and permanent financing. These loans are classified according to the underlying collateral. At June 30, 2015, the Company had no one-to-four family residential or commercial real estate loans, and $2.3 million or 1.8% of its total multifamily portfolio in these rollover loans. At December 31, 2014, the Company had $6.1 million or 2.5% of the total commercial real estate portfolio and $4.5 million or 3.7% of the total multifamily portfolio, and $500,000 or 0.2% of the total one-to-four family residential portfolio in these rollover loans. (2)At June 30, 2015, and December 31, 2014, $7.6 million and $3.0 million, respectively, of commercial real estate loans were not included in the construction/land development category because the Company classifies raw land or buildable lots (where we do not intend to finance the construction) as commercial real estate land loans.

Loans Receivable_ Schedule of31

Loans Receivable: Schedule of Allowance for Loan and Lease Losses, Roll Forward (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Dec. 31, 2014	Jun. 30, 2014
Loans receivable allowance for loan losses	$ 10,603		$ 10,491		$ 10,603	$ 10,491
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance			10,491
Provision (recapture)	(500)	$ (100)	(600)	$ (600)
Loans and Leases Receivable, Allowance, Ending Balance	10,603		10,603
One to four family residential
Impaired Financing Receivable, Related Allowance					520		$ 1,445
Loans receivable allowance for loan losses	3,688	4,575	3,694	5,141	3,536	3,694	4,377
Total Loans					257,810		272,065
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	3,688	4,575	3,694	5,141
Charge-offs	0	(57)	(25)	(75)
Recoveries	518	34	691	34
Provision (recapture)	(670)	(175)	(824)	(723)
Loans and Leases Receivable, Allowance, Ending Balance	3,536	4,377	3,536	4,377
Financing Receivable, Collectively Evaluated for Impairment					219,369		225,319
Financing Receivable, Individually Evaluated for Impairment					38,441		46,746
One to four family residential | General Reserve
Loans receivable allowance for loan losses	3,016	2,932	3,016	2,932	3,016		2,932
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	3,016	2,932	3,016	2,932
Multifamily
Impaired Financing Receivable, Related Allowance					3	27	32
Loans receivable allowance for loan losses	1,023	1,406	1,646	1,377	1,187	1,646	1,433
Total Loans					122,481		129,639
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	1,023	1,406	1,646	1,377
Charge-offs	0	0	(281)	0
Recoveries	0	0	0	0
Provision (recapture)	164	27	(178)	56
Loans and Leases Receivable, Allowance, Ending Balance	1,187	1,433	1,187	1,433
Financing Receivable, Collectively Evaluated for Impairment					119,189		127,225
Financing Receivable, Individually Evaluated for Impairment					3,292		2,414
Multifamily | General Reserve
Loans receivable allowance for loan losses	1,184	1,401	1,184	1,401	1,184		1,401
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	1,184	1,401	1,184	1,401
Commercial Real Estate
Impaired Financing Receivable, Related Allowance					246	329	551
Loans receivable allowance for loan losses	4,635	5,536	4,597	5,881	4,436	4,597	5,622
Total Loans					241,250		259,701
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	4,635	5,536	4,597	5,881
Charge-offs	0	0	0	(311)
Recoveries	57	0	57	151
Provision (recapture)	(256)	86	(218)	(99)
Loans and Leases Receivable, Allowance, Ending Balance	4,436	5,622	4,436	5,622
Financing Receivable, Collectively Evaluated for Impairment					233,078		249,818
Financing Receivable, Individually Evaluated for Impairment					8,172		9,883
Commercial Real Estate | General Reserve
Loans receivable allowance for loan losses	4,190	5,071	4,190	5,071	4,190		5,071
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	4,190	5,071	4,190	5,071
Construction Land Development
Impaired Financing Receivable, Related Allowance					0		0
Loans receivable allowance for loan losses	741	388	355	399	819	355	333
Total Loans					37,559		20,680
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	741	388	355	399
Charge-offs	0	0	0	(223)
Recoveries	0	0	0	0
Provision (recapture)	78	(55)	464	157
Loans and Leases Receivable, Allowance, Ending Balance	819	333	819	333
Financing Receivable, Collectively Evaluated for Impairment					37,559		20,680
Financing Receivable, Individually Evaluated for Impairment					0		0
Construction Land Development | General Reserve
Loans receivable allowance for loan losses	819	333	819	333	819		333
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	819	333	819	333
Business
Impaired Financing Receivable, Related Allowance					0		0
Loans receivable allowance for loan losses	54	7	47	14	189	47	11
Total Loans					6,275		897
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	54	7	47	14
Charge-offs	0	0	0	0
Recoveries	0	1	3	1
Provision (recapture)	135	3	139	(4)
Loans and Leases Receivable, Allowance, Ending Balance	189	11	189	11
Financing Receivable, Collectively Evaluated for Impairment					6,275		897
Financing Receivable, Individually Evaluated for Impairment					0		0
Business | General Reserve
Loans receivable allowance for loan losses	189	11	189	11	189		11
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	189	11	189	11
Consumer
Impaired Financing Receivable, Related Allowance					42		0
Loans receivable allowance for loan losses	367	181	152	182	436	152	175
Total Loans					7,051		8,149
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	367	181	152	182
Charge-offs	0	(23)	(34)	(24)
Recoveries	20	3	301	4
Provision (recapture)	49	14	17	13
Loans and Leases Receivable, Allowance, Ending Balance	436	175	436	175
Financing Receivable, Collectively Evaluated for Impairment					6,858		8,106
Financing Receivable, Individually Evaluated for Impairment					193		43
Consumer | General Reserve
Loans receivable allowance for loan losses	394	175	394	175	394		175
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	394	175	394	175
Property total
Impaired Financing Receivable, Related Allowance					811	1,215	2,028
Loans receivable allowance for loan losses	10,508	12,093	10,491	12,994	10,603	$ 10,491	11,951
Total Loans					672,426		691,131
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	10,508	12,093	10,491	12,994
Charge-offs	0	(80)	(340)	(633)
Recoveries	595	38	1,052	190
Provision (recapture)	(500)	(100)	(600)	(600)
Loans and Leases Receivable, Allowance, Ending Balance	10,603	11,951	10,603	11,951
Financing Receivable, Collectively Evaluated for Impairment					622,328		632,045
Financing Receivable, Individually Evaluated for Impairment					50,098		59,086
Property total | General Reserve
Loans receivable allowance for loan losses	9,792	9,923	9,792	9,923	$ 9,792		$ 9,923
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	$ 9,792	$ 9,923	$ 9,792	$ 9,923

Loans Receivable_ Narratives (D

Loans Receivable: Narratives (Details) - USD ($)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans	$ 33,000	$ 33,000	$ 56,000	$ 79,000
Loans and Leases Receivable, Ratio of Nonperforming Loans to All Loans	0.54%		0.54%		0.66%
Loans and Leases Receivable, Impaired, Commitment to Lend	$ 0		$ 0
Troubled Debt Restructuring Loans	47,600,000		47,600,000		$ 54,200,000
Troubled Debt Restructuring Commitment To Extend Additional Credit	$ 0	$ 0	$ 0	$ 0
Minimum
Troubled Debt Restructuring, Interest Rate Concession Period	1 year	1 year	1 year		1 year
Maximum
Troubled Debt Restructuring, Interest Rate Concession Period	3 years	3 years	3 years		3 years

Loans Receivable_ Financing Rec

Loans Receivable: Financing Receivables, Aging of loans (Details) - USD ($) $ in Thousands	Jun. 30, 2015		Dec. 31, 2014
One-to-four family, residential, owner occupied
Total	$ 1,747		$ 1,907
Current	151,017		159,106
Total Loans	152,764	[1],[2]	161,013	[3],[4]
One to four family residential non owner occupied
Total	0		164
Current	105,046		112,388
Total Loans	105,046	[1],[2]	112,552	[3],[4]
Multifamily
Total	1,683		1,965
Current	120,798		118,306
Total Loans	122,481	[1],[2]	120,271	[3],[4]
Commercial Real Estate
Total	94		336
Current	241,156		247,632
Total Loans	241,250	[1],[2]	247,968	[3],[4]
Construction Land Development
Total	0		0
Current	37,559		24,316
Total Loans	37,559	[1],[2]	24,316	[3],[4]
Real Estate, Total
Total	3,524		4,372
Current	655,576		661,748
Total Loans	659,100	[1],[2]	666,120	[3],[4]
Business
Total	0		0
Current	6,275		3,783
Total Loans	6,275	[1],[2]	3,783	[3],[4]
Consumer
Total	114		75
Current	6,937		7,055
Total Loans	7,051	[1],[2]	7,130	[3],[4]
Property total
Total	3,638		4,447
Current	668,788		672,586
Total Loans	672,426	[1],[2],[5],[6]	677,033	[3],[4],[7],[8]
Financing Receivables, 30 to 59 Days Past Due [Member] | One-to-four family, residential, owner occupied
Total	1,352		666
Financing Receivables, 30 to 59 Days Past Due [Member] | One to four family residential non owner occupied
Total	0		0
Financing Receivables, 30 to 59 Days Past Due [Member] | Multifamily
Total	0		1,965
Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial Real Estate
Total	0		0
Financing Receivables, 30 to 59 Days Past Due [Member] | Construction Land Development
Total	0		0
Financing Receivables, 30 to 59 Days Past Due [Member] | Real Estate, Total
Total	1,352		2,631
Financing Receivables, 30 to 59 Days Past Due [Member] | Business
Total	0		0
Financing Receivables, 30 to 59 Days Past Due [Member] | Consumer
Total	41		0
Financing Receivables, 30 to 59 Days Past Due [Member] | Property total
Total	1,393		2,631
Financing Receivables, 60 to 89 Days Past Due [Member] | One-to-four family, residential, owner occupied
Total	162		575
Financing Receivables, 60 to 89 Days Past Due [Member] | One to four family residential non owner occupied
Total	0		0
Financing Receivables, 60 to 89 Days Past Due [Member] | Multifamily
Total	0		0
Financing Receivables, 60 to 89 Days Past Due [Member] | Commercial Real Estate
Total	0		325
Financing Receivables, 60 to 89 Days Past Due [Member] | Construction Land Development
Total	0		0
Financing Receivables, 60 to 89 Days Past Due [Member] | Real Estate, Total
Total	162		900
Financing Receivables, 60 to 89 Days Past Due [Member] | Business
Total	0		0
Financing Receivables, 60 to 89 Days Past Due [Member] | Consumer
Total	73		75
Financing Receivables, 60 to 89 Days Past Due [Member] | Property total
Total	235		975
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | One-to-four family, residential, owner occupied
Total	233		666
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | One to four family residential non owner occupied
Total	0		164
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Multifamily
Total	1,683		0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Commercial Real Estate
Total	94		11
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Construction Land Development
Total	0		0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Real Estate, Total
Total	2,010		841
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Business
Total	0		0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Consumer
Total	0		0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Property total
Total	$ 2,010		$ 841
[1]	Net of LIP.
[2]	There were no loans 90 days and greater past due and still accruing interest at June 30, 2015.
[3]	Net of LIP.
[4]	There were no loans 90 days and greater past due and still accruing interest at December 31, 2014.
[5]	Net of LIP.
[6]	Net of LIP.
[7]	Net of LIP.
[8]	Net of LIP.

Loans Receivable Loans Receivab

Loans Receivable Loans Receivable: Schedule of non accrual loans by type (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014	Dec. 31, 2014
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 52,122	$ 60,846	$ 53,301	$ 61,952
Nonaccrual Loans, total	2,415		2,415		$ 1,339
One to Four Family
Nonaccrual Loans, total	252		252		830
Multifamily
Nonaccrual Loans, total	1,683		1,683		0
Commercial Real Estate
Nonaccrual Loans, total	407		407		434
Consumer
Nonaccrual Loans, total	$ 73		$ 73		$ 75

Loans Receivable_ Financing R35

Loans Receivable: Financing Receivables, Summary of loans by type and risk category (Details) - USD ($)	Jun. 30, 2015		Dec. 31, 2014
One to four family residential
Financing Receivable, Net	$ 257,810,000		$ 273,565,000
Multifamily
Financing Receivable, Net	122,481,000	[1],[2]	120,271,000	[3],[4]
Commercial Real Estate
Financing Receivable, Net	241,250,000	[1],[2]	247,968,000	[3],[4]
Construction Land Development
Financing Receivable, Net	37,559,000	[1],[2]	24,316,000	[3],[4]
Business
Financing Receivable, Net	6,275,000	[1],[2]	3,783,000	[3],[4]
Consumer
Financing Receivable, Net	7,051,000	[1],[2]	7,130,000	[3],[4]
Property total
Financing Receivable, Net	672,426,000	[1],[2],[5],[6]	677,033,000	[3],[4],[7],[8]
One-to-four family, residential, owner occupied
Financing Receivable, Net	152,764,000	[1],[2]	161,013,000	[3],[4]
One to four family residential non owner occupied
Financing Receivable, Net	105,046,000	[1],[2]	112,552,000	[3],[4]
Performing Financing Receivable | One to four family residential
Financing Receivable, Net	257,558,000	[9]	272,735,000	[10]
Performing Financing Receivable | Multifamily
Financing Receivable, Net	120,798,000	[9]	120,271,000	[10]
Performing Financing Receivable | Commercial Real Estate
Financing Receivable, Net	240,843,000	[9]	247,534,000	[10]
Performing Financing Receivable | Construction Land Development
Financing Receivable, Net	37,559,000	[9]	24,316,000	[10]
Performing Financing Receivable | Business
Financing Receivable, Net	6,275,000	[9]	3,783,000	[10]
Performing Financing Receivable | Consumer
Financing Receivable, Net	6,978,000	[9]	7,055,000	[10]
Performing Financing Receivable | Property total
Financing Receivable, Net	670,011,000	[6],[9]	675,694,000	[7],[10]
Performing Financing Receivable | One-to-four family, residential, owner occupied
Financing Receivable, Net	152,500,000		160,300,000
Performing Financing Receivable | One to four family residential non owner occupied
Financing Receivable, Net	105,100,000		112,400,000
Nonperforming Financing Receivable | One to four family residential
Financing Receivable, Net	252,000	[11]	830,000	[12]
Nonperforming Financing Receivable | Multifamily
Financing Receivable, Net	1,683,000	[11]	0	[12]
Nonperforming Financing Receivable | Commercial Real Estate
Financing Receivable, Net	407,000	[11]	434,000	[12]
Nonperforming Financing Receivable | Construction Land Development
Financing Receivable, Net	0	[11]	0	[12]
Nonperforming Financing Receivable | Business
Financing Receivable, Net	0	[11]	0	[12]
Nonperforming Financing Receivable | Consumer
Financing Receivable, Net	73,000	[11]	75,000	[12]
Nonperforming Financing Receivable | Property total
Financing Receivable, Net	2,415,000	[6],[11]	1,339,000	[7],[12]
Nonperforming Financing Receivable | One-to-four family, residential, owner occupied
Financing Receivable, Net	252,000		666,000
Nonperforming Financing Receivable | One to four family residential non owner occupied
Financing Receivable, Net	0		164,000
Pass | One to four family residential
Financing Receivable, Net	248,772,000		263,094,000
Pass | Multifamily
Financing Receivable, Net	119,394,000		116,891,000
Pass | Commercial Real Estate
Financing Receivable, Net	227,853,000		235,841,000
Pass | Construction Land Development
Financing Receivable, Net	37,559,000		24,316,000
Pass | Business
Financing Receivable, Net	6,275,000		3,783,000
Pass | Consumer
Financing Receivable, Net	6,790,000		6,833,000
Pass | Property total
Financing Receivable, Net	646,643,000	[5]	650,758,000	[8]
Special Mention | One to four family residential
Financing Receivable, Net	6,728,000		4,157,000
Special Mention | Multifamily
Financing Receivable, Net	1,404,000		1,416,000
Special Mention | Commercial Real Estate
Financing Receivable, Net	12,175,000		10,529,000
Special Mention | Construction Land Development
Financing Receivable, Net	0		0
Special Mention | Business
Financing Receivable, Net	0		0
Special Mention | Consumer
Financing Receivable, Net	188,000		0
Special Mention | Property total
Financing Receivable, Net	20,495,000	[5]	16,102,000	[8]
Substandard | One to four family residential
Financing Receivable, Net	2,310,000		6,314,000
Substandard | Multifamily
Financing Receivable, Net	1,683,000		1,964,000
Substandard | Commercial Real Estate
Financing Receivable, Net	1,222,000		1,598,000
Substandard | Construction Land Development
Financing Receivable, Net	0		0
Substandard | Business
Financing Receivable, Net	0		0
Substandard | Consumer
Financing Receivable, Net	73,000		297,000
Substandard | Property total
Financing Receivable, Net	$ 5,288,000	[5]	$ 10,173,000	[8]
[1]	Net of LIP.
[2]	There were no loans 90 days and greater past due and still accruing interest at June 30, 2015.
[3]	Net of LIP.
[4]	There were no loans 90 days and greater past due and still accruing interest at December 31, 2014.
[5]	Net of LIP.
[6]	Net of LIP.
[7]	Net of LIP.
[8]	Net of LIP.
[9]	There were $152.5 million of owner-occupied one-to-four family residential loans and $105.1 million of non-owner occupied one-to-four family residential loans classified as performing.
[10]	There were $160.3 million of owner-occupied one-to-four family residential loans and $112.4 million of non-owner occupied one-to-four family residential loans classified as performing.
[11]	There were $252,000 of owner-occupied one-to-four family residential loans and no non-owner occupied one-to-four family residential loans classified as nonperforming.
[12]	There were $666,000 of owner-occupied one-to-four family residential loans and $164,000 of non-owner occupied one-to-four family residential loans classified as nonperforming.

Loans Receivable_ Schedule of I

Loans Receivable: Schedule of Impaired Financing Receivables (Details) - USD ($) $ in Thousands	Jun. 30, 2015		Dec. 31, 2014		Jun. 30, 2014
Impaired Financing Receivable, Recorded Investment	$ 49,287	[1]	$ 54,444	[2]
One-to-four family, residential, owner occupied
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	2,958	[3]	3,308	[4]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	3,217	[5]	3,661	[6]
Impaired Financing Receivable, with Related Allowance, Recorded Investment	2,135	[3]	2,554	[4]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	2,205	[5]	2,624	[6]
Impaired Financing Receivable, Related Allowance	98		121
Impaired Financing Receivable, Recorded Investment	5,093	[3]	5,862	[4]
Impaired Financing Receivable, Unpaid Principal Balance	5,422	[5]	6,285	[6]
One to four family residential non owner occupied
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	25,663	[3]	29,224	[4]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	25,740	[5]	29,266	[6]
Impaired Financing Receivable, with Related Allowance, Recorded Investment	7,685	[3]	8,652	[4]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	7,683	[5]	8,704	[6]
Impaired Financing Receivable, Related Allowance	422		679
Impaired Financing Receivable, Recorded Investment	33,348	[3]	37,876	[4]
Impaired Financing Receivable, Unpaid Principal Balance	33,423	[5]	37,970	[6]
Multifamily
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	2,102
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	2,383
Impaired Financing Receivable, with Related Allowance, Recorded Investment	1,190	[3]	2,172	[4]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	1,190	[5]	2,172	[6]
Impaired Financing Receivable, Related Allowance	3		27		$ 32
Impaired Financing Receivable, Recorded Investment	3,292	[3]	2,172	[4]
Impaired Financing Receivable, Unpaid Principal Balance	3,573	[5]	2,172	[6]
Commercial Real Estate
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	4,500	[3]	4,553	[4]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	4,810	[5]	4,851	[6]
Impaired Financing Receivable, with Related Allowance, Recorded Investment	3,672	[3]	4,999	[4]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	3,672	[5]	4,999	[6]
Impaired Financing Receivable, Related Allowance	246		329		551
Impaired Financing Receivable, Recorded Investment	8,172	[3]	9,552	[4]
Impaired Financing Receivable, Unpaid Principal Balance	8,482	[5]	9,850	[6]
Consumer
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	116	[3]	118	[4]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	152	[5]	153	[6]
Impaired Financing Receivable, with Related Allowance, Recorded Investment	77	[3]	79	[4]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	77	[5]	79	[6]
Impaired Financing Receivable, Related Allowance	42		59
Impaired Financing Receivable, Recorded Investment	193	[3]	197	[4]
Impaired Financing Receivable, Unpaid Principal Balance	229	[5]	232	[6]
Construction Land Development
Impaired Financing Receivable, Related Allowance	0				0
Property total
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	35,339	[3]	37,203	[4]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	36,302	[5]	37,931	[6]
Impaired Financing Receivable, with Related Allowance, Recorded Investment	14,759	[3]	18,456	[4]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	14,827	[5]	18,578	[6]
Impaired Financing Receivable, Related Allowance	811		1,215		$ 2,028
Impaired Financing Receivable, Recorded Investment	50,098	[3]	55,659	[4]
Impaired Financing Receivable, Unpaid Principal Balance	$ 51,129	[5]	$ 56,509	[6]
[1]	Total fair value of impaired loans is net of $811,000 of specific reserves on performing TDRs.
[2]	Total fair value of impaired loans is net of $1.2 million of specific reserves on performing TDRs.
[3]	Represents the loan balance less charge-offs.
[4]	Represents the loan balance less charge-offs.
[5]	Contractual loan principal balance.
[6]	Contractual loan principal balance.

Loans Receivable_ Average Recor

Loans Receivable: Average Recorded Investment and Interest Income Recognized (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	$ 36,413	$ 37,025	$ 36,676	$ 37,811
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	522	530	1,036	1,038
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	15,709	23,821	16,625	24,141
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	208	320	424	637
Impaired Financing Receivable, Average Recorded Investment	52,122	60,846	53,301	61,952
Impaired Financing Receivable, Interest Income, Accrual Method	730	850	1,460	1,675
One-to-four family, residential, owner occupied
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	3,140	3,284	3,196	3,482
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	41	34	82	72
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	2,139	3,392	2,278	3,325
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	29	40	59	79
Impaired Financing Receivable, Average Recorded Investment	5,279	6,676	5,474	6,807
Impaired Financing Receivable, Interest Income, Accrual Method	70	74	141	151
One to four family residential non owner occupied
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	26,747	29,201	27,573	29,061
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	397	451	791	883
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	7,913	11,178	8,159	11,551
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	108	149	224	306
Impaired Financing Receivable, Average Recorded Investment	34,660	40,379	35,732	40,612
Impaired Financing Receivable, Interest Income, Accrual Method	505	600	1,015	1,189
Multifamily
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	1,893	225	1,261	228
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	7	0	15	0
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	1,676	2,196	1,842	2,200
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	20	37	39	71
Impaired Financing Receivable, Average Recorded Investment	3,569	2,421	3,103	2,428
Impaired Financing Receivable, Interest Income, Accrual Method	27	37	54	71
Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	4,516	4,272	4,529	4,923
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	77	44	147	82
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	3,903	7,055	4,268	7,065
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	50	94	100	181
Impaired Financing Receivable, Average Recorded Investment	8,419	11,327	8,797	11,988
Impaired Financing Receivable, Interest Income, Accrual Method	127	138	247	263
Consumer Loan
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	117	43	117	43
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	0	1	1	1
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	78		78
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	1		2
Impaired Financing Receivable, Average Recorded Investment	195	43	195	43
Impaired Financing Receivable, Interest Income, Accrual Method	$ 1	1	$ 3	1
Construction Loans [Member]
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, Average Recorded Investment		0		74
Impaired Financing Receivable, Interest Income, Accrual Method		0		0
Construction Land Development
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment		0		74
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized		$ 0		$ 0

Loans Receivable_ Troubled Debt

Loans Receivable: Troubled Debt Restructurings on Financing Receivables (Details)	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2015USD ($)loan	Jun. 30, 2014USD ($)loan	Jun. 30, 2015USD ($)loan	Jun. 30, 2014USD ($)loan	Dec. 31, 2014USD ($)
Financing Receivable, Modifications, Recorded Investment	$ 47,600,000		$ 47,600,000		$ 54,200,000
Troubled Debt Restructuring Commitment To Extend Additional Credit	$ 0	$ 0	$ 0	$ 0
Number of Loans | loan	8	5	12	6
Pre-Modifications Outstanding Recorded Investment	$ 2,347,000	$ 2,776,000	$ 5,053,000	$ 2,997,000
Post-Modifications Outstanding Recorded Investment	$ 2,347,000	$ 2,776,000	$ 5,053,000	$ 2,997,000
One to four family residential | Principal and interest with interest rate concession
Number of Loans | loan		0		1
Pre-Modifications Outstanding Recorded Investment		$ 0		$ 221,000
Post-Modifications Outstanding Recorded Investment		$ 0		$ 221,000
One to four family residential | Advancement of maturity date
Number of Loans | loan	0	4	2	4
Pre-Modifications Outstanding Recorded Investment	$ 0	$ 772,000	$ 248,000	$ 772,000
Post-Modifications Outstanding Recorded Investment	$ 0	$ 772,000	$ 248,000	$ 772,000
One to four family residential | Advancement of maturity date
Number of Loans | loan	6		6
Pre-Modifications Outstanding Recorded Investment	$ 1,439,000		$ 1,439,000
Post-Modifications Outstanding Recorded Investment	$ 1,439,000		$ 1,439,000
Commercial Real Estate | Interest-only payments with no interest rate concession
Number of Loans | loan	0		1
Pre-Modifications Outstanding Recorded Investment	$ 0		$ 2,004,000
Post-Modifications Outstanding Recorded Investment	$ 0		$ 2,004,000
Commercial Real Estate | Advancement of maturity date
Number of Loans | loan	1		2
Pre-Modifications Outstanding Recorded Investment	$ 412,000		$ 866,000
Post-Modifications Outstanding Recorded Investment	$ 412,000		$ 866,000
Commercial Real Estate | Advancement of maturity date
Number of Loans | loan	1	1	1	1
Pre-Modifications Outstanding Recorded Investment	$ 496,000	$ 2,004,000	$ 496,000	$ 2,004,000
Post-Modifications Outstanding Recorded Investment	$ 496,000	$ 2,004,000	$ 496,000	$ 2,004,000
Minimum [Member]
Troubled Debt Restructuring, Interest Rate Concession Period	1 year	1 year	1 year		1 year
Maximum [Member]
Troubled Debt Restructuring, Interest Rate Concession Period	3 years	3 years	3 years		3 years

Other Real Estate Owned - Other

Other Real Estate Owned - Other Real Estate, Roll Forward (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Other Real Estate [Roll Forward]
Balance at beginning of period	$ 5,575	$ 11,609	$ 9,283	$ 11,465
Loans transferred to OREO	0	439	141	1,630
Capitalized improvements	0	52	0	52
Gross proceeds from sale of OREO	(1,207)	(1,858)	(5,535)	(2,638)
(Gain) loss on sale of OREO property, net	2	(36)	531	(107)
Market value adjustments	46	(92)	(4)	(288)
Balance at end of period	$ 4,416	$ 10,114	$ 4,416	$ 10,114

Other Real Estate Owned (Detail

Other Real Estate Owned (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2015USD ($)property	Jun. 30, 2014USD ($)	Jun. 30, 2015USD ($)	Jun. 30, 2014USD ($)	Mar. 31, 2015USD ($)	Dec. 31, 2014USD ($)	Mar. 31, 2014USD ($)	Dec. 31, 2013USD ($)
Dispositions of OREO, net	$ 1,207,000	$ 1,858,000	$ 5,535,000	$ 2,638,000
Other Real Estate Disposal Properties | property	4
Proceeds from sales of OREO properties			5,535,000	2,638,000
Other Real Estate, Gain (loss) on Disposals	$ 2,000
Other Real Estate	4,416,000	$ 10,114,000	4,416,000	$ 10,114,000	$ 5,575,000	$ 9,283,000	$ 11,609,000	$ 11,465,000
Commercial Real Estate
Other Real Estate	4,100,000		4,100,000
Construction Land Development
Other Real Estate	$ 355,000		$ 355,000

Fair Value (Details)

Fair Value (Details) - USD ($)	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Specific reserves on performing TDRs	$ 811,000	$ 1,200,000
Loans Receivable
Fair value, option, methodology and assumptions	The fair value of impaired loans is calculated using the collateral value method or on a discounted cash flow basis. Inputs used in the collateral value method include appraised values, less estimated costs to sell. Some of these inputs may not be observable in the marketplace.

Fair Value_ Schedule of Fair Va

Fair Value: Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Investments, fair value disclosure	$ 116,913	$ 120,374
Mortgage-backed investments, Fannie Mae
Investments, fair value disclosure	38,975	40,916
Mortgage-backed investments, Freddie Mac
Investments, fair value disclosure	23,348	21,946
Mortgage-backed investments, Ginnie Mae
Investments, fair value disclosure	22,758	26,013
Municipal Bonds
Investments, fair value disclosure	3,484	644
US Government agencies
Investments, fair value disclosure	14,315	16,816
Corporate Bonds
Investments, fair value disclosure	14,033	14,039
Quoted Prices in Active Markets for Identical Assets (Level 1)
Investments, fair value disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage-backed investments, Fannie Mae
Investments, fair value disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage-backed investments, Freddie Mac
Investments, fair value disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage-backed investments, Ginnie Mae
Investments, fair value disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Municipal Bonds
Investments, fair value disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | US Government agencies
Investments, fair value disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Corporate Bonds
Investments, fair value disclosure	0	0
Significant Other Observable Inputs (Level 2)
Investments, fair value disclosure	116,913	120,374
Significant Other Observable Inputs (Level 2) | Mortgage-backed investments, Fannie Mae
Investments, fair value disclosure	38,975	40,916
Significant Other Observable Inputs (Level 2) | Mortgage-backed investments, Freddie Mac
Investments, fair value disclosure	23,348	21,946
Significant Other Observable Inputs (Level 2) | Mortgage-backed investments, Ginnie Mae
Investments, fair value disclosure	22,758	26,013
Significant Other Observable Inputs (Level 2) | Municipal Bonds
Investments, fair value disclosure	3,484	644
Significant Other Observable Inputs (Level 2) | US Government agencies
Investments, fair value disclosure	14,315	16,816
Significant Other Observable Inputs (Level 2) | Corporate Bonds
Investments, fair value disclosure	14,033	14,039
Significant Unobservable Inputs (Level 3)
Investments, fair value disclosure	0	0
Significant Unobservable Inputs (Level 3) | Mortgage-backed investments, Fannie Mae
Investments, fair value disclosure	0	0
Significant Unobservable Inputs (Level 3) | Mortgage-backed investments, Freddie Mac
Investments, fair value disclosure	0	0
Significant Unobservable Inputs (Level 3) | Mortgage-backed investments, Ginnie Mae
Investments, fair value disclosure	0	0
Significant Unobservable Inputs (Level 3) | Municipal Bonds
Investments, fair value disclosure	0	0
Significant Unobservable Inputs (Level 3) | US Government agencies
Investments, fair value disclosure	0	0
Significant Unobservable Inputs (Level 3) | Corporate Bonds
Investments, fair value disclosure	$ 0	$ 0

Fair Value_ Schedule of balance

Fair Value: Schedule of balances of assets and liabilities, measured at fair value on a non-recurring basis (Details) - USD ($) $ in Thousands	Jun. 30, 2015		Mar. 31, 2015	Dec. 31, 2014		Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013
Impaired loans (included in loans receivable, net)	$ 49,287	[1]		$ 54,444	[2]
OREO	4,416		$ 5,575	9,283		$ 10,114	$ 11,609	$ 11,465
Total, Fair Value	53,703			63,727
Quoted Prices in Active Markets for Identical Assets (Level 1)
Impaired loans (included in loans receivable, net)	0	[1]		0	[2]
OREO	0			0
Total, Fair Value	0			0
Significant Other Observable Inputs (Level 2)
Impaired loans (included in loans receivable, net)	0	[1]		0	[2]
OREO	0			0
Total, Fair Value	0			0
Significant Unobservable Inputs (Level 3)
Impaired loans (included in loans receivable, net)	49,287	[1]		54,444	[2]
OREO	4,416			9,283
Total, Fair Value	$ 53,703			$ 63,727
[1]	Total fair value of impaired loans is net of $811,000 of specific reserves on performing TDRs.
[2]	Total fair value of impaired loans is net of $1.2 million of specific reserves on performing TDRs.

Fair Value_ Schedule of quantit

Fair Value: Schedule of quantitative information about Level 3 Fair Value Measurements on a nonrecurring basis (Details) - Level 3 - Market Approach Valuation Technique - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Loans Receivable
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair Value	$ 49,287	$ 54,365
Unobservable Input(s)	Appraised value discounted by market or borrower conditions
Loans Receivable | Minimum
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of financial instruments, range	0.00%	0.00%
Loans Receivable | Maximum
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of financial instruments, range	11.10%	45.80%
Loans Receivable | Weighted Average
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of financial instruments, range	0.60%	2.20%
Other Real Estate Owned
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair Value	$ 4,416	$ 9,283
Unobservable Input(s)	Appraised value less selling costs
Other Real Estate Owned | Minimum
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of financial instruments, range	0.00%	0.00%
Other Real Estate Owned | Maximum
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of financial instruments, range	0.00%	19.40%
Other Real Estate Owned | Weighted Average
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of financial instruments, range	0.00%	3.30%

Fair Value_ Balance Sheet Group

Fair Value: Balance Sheet Grouping (Details) - USD ($) $ in Thousands	Jun. 30, 2015	Dec. 31, 2014
Investments available-for-sale	$ 116,913	$ 120,374
FHLB stock	6,537	6,745
Level 1
Cash on hand and in banks	5,550	5,920
Interest-earning deposits	101,424	98,129
Investments available-for-sale	0	0
Loans receivable, net	0	0
FHLB stock	0	0
Accrued interest receivable	0	0
Deposits	222,216	201,539
Certificates of deposit, retail	0	0
Certificates of deposit, brokered	0	0
Advances from the FHLB	0	0
Accrued interest payable	0	0
Level 2
Cash on hand and in banks	0	0
Interest-earning deposits	0	0
Investments available-for-sale	116,913	120,374
Loans receivable, net	0	0
FHLB stock	6,537	6,745
Accrued interest receivable	3,033	3,265
Deposits	0	0
Certificates of deposit, retail	336,689	359,049
Certificates of deposit, brokered	66,635	55,229
Advances from the FHLB	135,762	135,392
Accrued interest payable	145	142
Level 3
Cash on hand and in banks	0	0
Interest-earning deposits	0	0
Investments available-for-sale	0	0
Loans receivable, net	672,499	678,676
FHLB stock	0	0
Accrued interest receivable	0	0
Deposits	0	0
Certificates of deposit, retail	0	0
Certificates of deposit, brokered	0	0
Advances from the FHLB	0	0
Accrued interest payable	0	0
Carrying Value
Cash on hand and in banks	5,550	5,920
Interest-earning deposits	101,424	98,129
Investments available-for-sale	116,913	120,374
Loans receivable, net	659,273	663,938
FHLB stock	6,537	6,745
Accrued interest receivable	3,033	3,265
Deposits	222,216	201,539
Certificates of deposit, retail	335,370	358,159
Certificates of deposit, brokered	66,122	54,429
Advances from the FHLB	135,500	135,500
Accrued interest payable	145	142
Fair Value
Cash on hand and in banks	5,550	5,920
Interest-earning deposits	101,424	98,129
Investments available-for-sale	116,913	120,374
Loans receivable, net	672,499	678,676
FHLB stock	6,537	6,745
Accrued interest receivable	3,033	3,265
Deposits	222,216	201,539
Certificates of deposit, retail	336,689	359,049
Certificates of deposit, brokered	66,635	55,229
Advances from the FHLB	135,762	135,392
Accrued interest payable	$ 145	$ 142

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) - USD ($) None in scaling factor is -9223372036854775296	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Total compensation expense	$ 110,000	$ 87,000	$ 219,000	$ 172,000
Compensation expense, related tax benefit	$ 39,000	$ 30,000	$ 77,000	$ 60,000
Number of shares remaining for grant	651,756		651,756
First Financial Northwest, Inc. 2008 Equity Incentive Plan | Stock Options
Stock options granted (shares)	2,285,280		2,285,280
Award vesting period			5 years
Percentage vesting per annum			20.00%
Contractual life			10 years
Unrecognized compensation cost	$ 765,000		$ 765,000
Unrecognized compensation cost recognition period			3 years 6 months 18 days
First Financial Northwest, Inc. 2008 Equity Incentive Plan | Restricted Stock
Stock options granted (shares)	914,112		914,112
Award vesting period			5 years
Percentage vesting per annum			20.00%
Number of shares remaining for grant	74,478		74,478
Unrecognized compensation cost	$ 449,000		$ 449,000
Unrecognized compensation cost recognition period			2 years 6 months 11 days
Restricted stock	0		0
Weighted average fair value for restricted stock granted

Stock-Based Compensation Disclo

Stock-Based Compensation Disclosure of Share-based Compensation Arrangements by Share-based Payment Award (Details)	3 Months Ended			6 Months Ended
	Jun. 30, 2015USD ($)$ / sharesshares	Mar. 31, 2015USD ($)$ / sharesshares	Dec. 31, 2014USD ($)$ / sharesshares	Jun. 30, 2015USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding Beginning Balance, Shares	899,260	929,260		929,260
Granted, Shares	0			20,000
Exercised, Shares	0			(50,000)
Forfeited or expired, Shares	0			0
Outstanding Ending Balance, Shares	899,260	899,260	929,260	899,260
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]
Outstanding Beginning Balance, Weighted Average Exercise Price | $ / shares	$ 9.55	$ 9.51		$ 9.51
Granted, Weighted Average Exercise Price | $ / shares				12.05
Exercised, Weighted Average Exercise Price | $ / shares				$ 9.78
Forfeited or expired, Weighted Average Exercise Price | $ / shares
Outstanding Ending Balance, Weighted Average Exercise Price | $ / shares	$ 9.55	$ 9.55	$ 9.51	$ 9.55
Share-based Compensations Arrangement by Share-based Payment Award, Options Outstanding, Weighted Average Remaining Contractual Term [Roll Forward]
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	5 years 4 days			5 years 4 days
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2	5 years 4 days			5 years 4 days
Share-based Compensation Arrangement by Share-based Payment Award, Options Outstanding, Aggregate Intrinsic [Roll Forward]
Outstanding Beginning Balance, Aggregate Intrinsic Value | $
Granted, Aggregate Intrinsic Value | $				$ 0
Exercised, Aggregate Intrinsic Value | $				112,680
Forfeited, Aggregate Intrinsic Value | $				0
Outstanding Ending Balance, Aggregate Intrinsic Value | $	$ 2,615,817			$ 2,615,817
Share Based Compensation, Stock Option Plan, Additional Disclosures [Abstract]
Expected to Vest, Shares	891,370			891,370
Expected to Vest, Weighted Average Exercise Price | $ / shares	$ 9.54			$ 9.54
Expected to Vest, Weighted Average Remaining Contractual Term in Years	4 years 11 months 24 days			4 years 11 months 24 days
Expected to Vest, Aggregate Intrinsic Value | $	$ 2,598,500			$ 2,598,500
Exercisable at end of period, Shares	636,260			636,260
Exercisable at end of period, Weighted Average Exercise Price | $ / shares	9.26			9.26
Exercisable at end of period, Weighted Average Remaining Contractual Term in Years	3 years 7 months 10 days			3 years 7 months 10 days
Exercisable at end of period, Aggregate Intrinsic Value | $	$ 2,038,577			$ 2,038,577
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Estimated Forfeiture Rate	3.00%			3.00%
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Estimated Forfeiture Rate	3.00%			3.00%
First Financial Northwest, Inc. 2008 Equity Incentive Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Nonvested Beginning Balance	75,600	75,600		75,600
Granted, Shares	0			0
Vested, Shares	(6,400)			(6,400)
Forfeited, Shares	0			0
Nonvested Ending Balance	69,200	75,600	75,600	69,200
Expected to vest assuming a 3% forfeiture rate over the vesting term, Shares	67,124			67,124
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Nonvested Beginning Balance, Weighted-Average Grant Date Fair Value | $ / shares	$ 8.47	$ 8.47		$ 8.47
Granted, Weighted Average Grant Date Fair Value | $ / shares
Vested, Weighted-Average Grant Date Fair Value | $ / shares	$ 4.03			$ 4.03
Forfeited, Weighted Average Grant Date Fair Value | $ / shares				0
Nonvested Ending Balance, Weighted-Average Grant Date Fair Value | $ / shares	$ 8.88	$ 8.47	$ 8.47	$ 8.88

Federal Income Taxes (Details)

Federal Income Taxes (Details) - USD ($)	3 Months Ended
	Jun. 30, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Deferred tax asset valuation allowance	$ 450,000
Effective Income Tax Rate Reconciliation, Percent	34.08%
Net operating loss carryforward		$ 8,700,000
Deferred Tax Assets, Tax Credit Carryforwards, Alternative Minimum Tax	$ 2,100,000

Earnings Per Share_ Schedule 49

Earnings Per Share: Schedule of Earnings Per Share Reconciliation (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share [Abstract]
Net income	$ 2,368	$ 2,367	$ 4,597	$ 5,012
Less: Earnings allocated to participating securities	(11)	(14)	(21)	(30)
Earnings allocated to common shareholders	$ 2,357	$ 2,353	$ 4,576	$ 4,982
Basic weighted average common shares outstanding	13,756,336	15,042,712	13,895,872	15,146,999
Dilutive stock options	133,487	56,546	136,596	56,392
Dilutive restricted stock grants	26,491	21,680	24,730	20,764
Diluted weighted average common shares outstanding	13,916,314	15,120,938	14,057,198	15,224,155
Basic earnings (loss) per share (in dollars per share)	$ 0.17	$ 0.16	$ 0.33	$ 0.33
Diluted earnings (loss) per share (in dollars per share)	$ 0.17	$ 0.16	$ 0.33	$ 0.33

Earnings Per Share (Details)

Earnings Per Share (Details) - shares	3 Months Ended	6 Months Ended
	Jun. 30, 2015	Jun. 30, 2014
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share, amount	225,000	210,000

Uncategorized Items - ffnw-2015

Label	Element	Value
Real Estate Owned, Valuation Allowance, Amounts Applied	us-gaap_RealEstateOwnedValuationAllowanceAmountsApplied	$ (46)
Real Estate Owned, Valuation Allowance, Amounts Applied	us-gaap_RealEstateOwnedValuationAllowanceAmountsApplied	$ 92