First Financial Northwest (FFNW) 10-K 10 Mar 16 2015 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2015	Mar. 09, 2016	Jun. 30, 2015
Document and Entity Information
Entity Registrant Name	First Financial Northwest, Inc.
Document Type	10-K
Document Period End Date	Dec. 31, 2015
Amendment Flag	false
Entity Central Index Key	1,401,564
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		13,578,600
Entity Public Float			$ 12,809,647
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Document Fiscal Year Focus	2,015
Document Fiscal Period Focus	FY

FIRST FINANCIAL NORTHWEST, INC.

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Assets
Cash on hand and in banks	$ 5,713	$ 5,920
Interest-earning deposits with banks	99,998	98,129
Investments available-for-sale, at fair value	129,565	120,374
Loans receivable, net of allowance of $9,463 and $10,491	685,072	663,938
Premises and equipment, net	17,707	16,734
Federal Home Loan Bank (FHLB) stock, at cost	6,137	6,745
Accrued interest receivable	2,968	3,265
Deferred tax assets, net	4,556	8,338
Other real estate owned (OREO)	3,663	9,283
Bank Owned Life Insurance	23,309	2,776
Prepaid expenses and other assets	1,225	1,495
Total assets	979,913	936,997
Liabilities and Stockholders' Equity
Interest-bearing deposits	29,392	14,354
Interest-bearing Deposit Liabilities	646,015	599,773
Total deposits	675,407	614,127
Advances from the FHLB	125,500	135,500
Advance payments from borrowers for taxes and insurance	1,794	1,707
Accrued interest payable	135	142
Other liabilities	6,404	4,109
Total liabilities	$ 809,240	$ 755,585
Commitments and contingencies (Note 13)
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 15,167,381 shares at December 31, 2014, and 16,392,139 shares at December 31, 2013	138	151
Additional paid-in capital	136,338	153,395
Retained earnings, substantially restricted	42,892	36,969
Accumulated other comprehensive loss, net of tax	(1,077)	(357)
Unearned Employee Stock Ownership Plan (ESOP) shares	(7,618)	(8,746)
Total stockholders' equity	170,673	181,412
Total liabilities and stockholders' equity	$ 979,913	$ 936,997

FIRST FINANCIAL NORTHWEST, INC3

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Assets
Loans receivable allowance for loan losses	$ 9,463	$ 10,491
Stockholders' Equity
Preferred stock par value per share	$ 0.01	$ 0.01
Preferred stock shares authorized	10,000,000	10,000,000
Preferred stock shares issued	0	0
Preferred stock shares outstanding	0	0
Common stock par value per share	$ 0.01	$ 0.01
Common stock shares authorized	90,000,000	90,000,000
Common stock shares issued	13,768,814	15,167,381
Common stock shares outstanding	13,768,814	15,167,381

FIRST FINANCIAL NORTHWEST, INC4

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED INCOME STATEMENTS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Interest income
Loans, including fees	$ 34,612	$ 36,280	$ 36,207
Investments available-for-sale	2,242	2,287	2,250
Interest-earning deposits with banks	274	115	79
Dividends on FHLB stock	69	7	3
Total interest income	37,197	38,689	38,539
Interest expense
Deposits	5,478	5,063	6,794
FHLB advances	1,273	1,178	732
Total interest expense	6,751	6,241	7,526
Net interest income	30,446	32,448	31,013
(Recapture of provision) provision for loan losses	(2,200)	(2,100)	(100)
Net interest income after recapture of provision for loan losses	32,646	34,548	31,113
Noninterest income
Net gain (loss) on sale of investments	92	(20)	(38)
Bank Owned Life Insurance Income	533	123	140
Other	654	395	789
Total noninterest income	1,279	498	891
Noninterest expense
Salaries and employee benefits	13,940	11,987	13,966
Occupancy and equipment	1,440	1,347	1,370
Professional fees	1,631	1,540	1,619
Data processing	759	681	677
(Gain) loss on sale of OREO property, net	(526)	86	(1,112)
OREO market value adjustments	41	393	403
OREO related expenses, net	1	190	601
Regulatory assessments	470	396	693
Insurance and bond premiums	359	401	518
Proxy contest and related litigation	0	0	106
Marketing	211	97	104
Prepayment penalty on FHLB advances	0	0	679
Other general and administrative	1,552	1,385	1,458
Total noninterest expense	19,878	18,503	21,082
Income before provision for federal income taxes	14,047	16,543	10,922
Federal income tax provision (benefit)	4,887	5,856	(13,543)
Net income	$ 9,160	$ 10,687	$ 24,465
Basic earnings (loss) per share (usd per share)	$ 0.67	$ 0.72	$ 1.47
Diluted earnings (loss) per share (usd per share)	$ 0.67	$ 0.71	$ 1.46
Weighted average number of common shares outstanding (in shares)	13,528,393	14,747,086	16,580,882
Weighted average number of diluted shares outstanding (in shares)	13,685,982	14,887,198	16,609,867

FIRST FINANCIAL NORTHWEST, INC5

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Statement of Comprehensive Income [Abstract]
Net income	$ 9,160	$ 10,687	$ 24,465
Unrealized holding gains (losses) on available-for-sale securities (net of tax provision (benefit) of ($356), $888, and ($106) for 2015, 2014, and 2013, respectively)	(660)	1,650	(2,793)
Reclassification adjustment for net (gains) losses realized in income (net of tax (benefit) provision of ($32), $7, and $13 for 2015, 2014, and 2013, respectively)	(60)	13	25
Other comprehensive income (loss), before tax
Other comprehensive (loss) income, net of tax	(720)	1,663	(2,768)
Total comprehensive income	$ 8,440	$ 12,350	$ 21,697

FIRST FINANCIAL NORTHWEST, INC6

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) Consolidated Statement of Comprehensive Income Parenthetical - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Statement of Comprehensive Income [Abstract]
Tax provision (benefit)	$ (356)	$ 888	$ (106)
Taxprovision (benefit)	$ (32)	$ 7	$ 13

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 Deficit)	Accumulated Other Comprehensive Income, net of tax	Unearned ESOP Shares	Total Stockholders' Equity
Balances at beginning of period - shares at Dec. 31, 2012		18,805,168
Balances at beginning of period - amount at Dec. 31, 2012		$ 188	$ 190,534	$ 6,650	$ 748	$ (11,003)	$ 187,117
Increase (Decrease) in Stockholders' Equity
Total other comprehensive income, net of tax - amount	$ 21,697			24,465	(2,768)		21,697
Cash dividends declared and paid - amount				(1,895)			1,895
Exercise of stock options - shares	314,989
Exercise of stock options - amount		3	3,020				3,023
Purchase and retirement of common stock - shares	2,728,018
Purchase and retirement of common stock - amount		$ (27)	(28,063)				28,090
Stock compensation expense			1,416				1,416
Allocation of 112,853 ESOP shares			(41)			1,128	1,087
Balances at end of period - shares at Dec. 31, 2013		16,392,139
Balances at end of period - amount at Dec. 31, 2013		$ 164	166,866	29,220	(2,020)	(9,875)	184,355
Increase (Decrease) in Stockholders' Equity
Total other comprehensive income, net of tax - amount	$ 12,350			10,687	1,663		12,350
Cash dividends declared and paid - amount				(2,938)			(2,938)
Exercise of stock options - shares	369,275
Exercise of stock options - amount		3	3,608				3,611
Purchase and retirement of common stock - shares	(1,594,033)
Purchase and retirement of common stock - amount		$ (16)	(17,550)				(17,566)
Stock compensation expense			384				384
Allocation of 112,853 ESOP shares			87			1,129	1,216
Balances at end of period - shares at Dec. 31, 2014	15,167,381	15,167,381
Balances at end of period - amount at Dec. 31, 2014	$ 181,412	$ 151	153,395	36,969	(357)	(8,746)	181,412
Increase (Decrease) in Stockholders' Equity
Total other comprehensive income, net of tax - amount	$ 8,440			9,160	(720)		8,440
Cash dividends declared and paid - amount				(3,237)			(3,237)
Exercise of stock options - shares	125,000
Exercise of stock options - amount		1	934				935
Purchase and retirement of common stock - shares	(1,523,567)
Purchase and retirement of common stock - amount		$ (14)	(18,703)				(18,717)
Stock compensation expense			440				440
Allocation of 112,853 ESOP shares			272			1,128	1,400
Balances at end of period - shares at Dec. 31, 2015	13,768,814	13,768,814
Balances at end of period - amount at Dec. 31, 2015	$ 170,673	$ 138	$ 136,338	$ 42,892	$ (1,077)	$ (7,618)	$ 170,673

FIRST FINANCIAL NORTHWEST, INC8

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED STATEMETNS OF STOCKHOLDERS' EQUITY (PARENTHETICALS) - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Statement of Stockholders' Equity [Abstract]
Cash dividend declared and paid per share (usd per share)	$ 0.0024	$ 0.0020	$ 0.12
Allocated shares	112,853	112,854	112,853

FIRST FINANCIAL NORTHWEST, INC9

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Cash flows from operating activities
Net income	$ 9,160,000	$ 10,687,000	$ 24,465,000
Adjustments to reconcile net income to net cash provided by operating activities
(Recapture of provision) provision for loan losses	(2,200,000)	(2,100,000)	(100,000)
OREO market value adjustments	41,000	393,000	403,000
(Gain) loss on sale of OREO property, net	(526,000)	86,000	(1,112,000)
Net amortization of premiums and discounts on investments	1,104,000	1,389,000	1,863,000
Gain (Loss) on Sale of Investments	(92,000)	20,000	38,000
Depreciation of premises and equipment	809,000	755,000	799,000
Loss on sale of premises and equipment	0	11,000	0
Deferred federal income taxes (benefit)	4,170,000	5,602,000	(13,742,000)
Allocation of ESOP shares	1,400,000	1,216,000	1,087,000
Stock compensation expense	440,000	384,000	1,416,000
Bank Owned Life Insurance Income	(533,000)	(123,000)	(140,000)
Changes in operating assets and liabilities:
Prepaid expenses and other assets	270,000	(567,000)	1,558,000
Net increase (decrease) in advance payments from borrowers for taxes and insurance	87,000	(139,000)	(340,000)
Accrued interest receivable	297,000	433,000	(214,000)
Accrued interest payable	(7,000)	54,000	(91,000)
Other liabilities	2,295,000	484,000	(685,000)
Net cash provided by operating activities	16,715,000	18,585,000	15,205,000
Cash flows from investing activities
Proceeds from sales and call of investments	27,327,000	6,430,000	45,137,000
Principal repayments on investments	18,651,000	20,818,000	27,009,000
Purchases of investments	(57,290,000)	(2,109,000)	(69,010,000)
Net (increase) decrease in loans receivable	(19,075,000)	(508,000)	(19,070,000)
Capital (expenditures) reimbursements related to OREO	0	(120,000)	(75,000)
Proceeds from sales of OREO properties	6,246,000	3,646,000	13,151,000
Net proceeds from sale or disposal of fixed assets	0	0	9,000
FHLB stock redemptions	608,000	272,000	264,000
Payments to Acquire Life Insurance Policies	(20,000,000)	0	0
Purchase of BOLI	(1,781,000)	(209,000)	(26,000)
Net cash provided in investing activities	(45,314,000)	28,220,000	(2,611,000)
Cash flows from financing activities
Net increase (decrease) in deposits	61,280,000	2,062,000	(53,732,000)
Advances from the FHLB	0	16,500,000	119,010,000
Repayments of advances from the FHLB	(10,000,000)	0	(83,076,000)
Proceeds from stock options exercises	935,000	3,611,000	3,023,000
Repurchase and retirement of common stock	(18,717,000)	(17,566,000)	(28,090,000)
Dividends paid	(3,237,000)	(2,938,000)	(1,895,000)
Net cash provided by (used by) financing activities	30,261,000	1,669,000	(44,760,000)
Cash and cash equivalents:
Net increase (decrease) in cash and cash equivalents	1,662,000	48,474,000	(32,166,000)
Cash and cash equivalents at beginning of year	104,049,000	55,575,000	87,741,000
Cash and cash equivalents at end of year	105,711,000	104,049,000	55,575,000
Cash paid during the period for:
Interest	6,757,000	6,187,000	7,617,000
Federal income taxes	228,000	309,000	98,000
Noncash transactions:
Loans transferred to OREO, net of deferred loan fees and allowance for loan and lease losses (ALLL)	141,000	1,823,000	6,485,000
Change in unrealized loss on investments available-for-sale	$ (1,108,000)	$ 2,558,000	$ (2,861,000)

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Nature of Operations and Principles of Consolidation 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 Financial Northwest Bank (“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 Financial Northwest Bank. Accordingly, the information presented in the consolidated financial statements and related data, relates primarily to First Financial Northwest Bank. First Financial Northwest converted from a savings and loan holding company to a bank holding company in 2015 and is subject to regulation by the Board of Governors of the Federal Reserve Bank of San Francisco (“FRB”) as the successor to the Office of Thrift Supervision (“OTS”). First Financial Northwest Bank is regulated by the Federal Deposit Insurance Corporation (“FDIC”) and the Washington State Department of Financial Institutions (“DFI”). First Financial Northwest Bank was organized in 1923 as a Washington state-chartered savings and loan association, converted to a federal mutual savings and loan association in 1935, and converted to a Washington state-chartered mutual savings bank in 1992. In 2002, First Financial Northwest Bank reorganized into a two-tier mutual holding company structure, became a stock savings bank and became the wholly-owned subsidiary of First Financial of Renton, Inc. In connection with the mutual to stock conversion in 2007, the Bank changed its name to First Savings Bank Northwest. In August 2015, the Bank changed its name to First Financial Northwest Bank to support the expansion of focus to being more than a traditional "savings" bank and in February 4, 2016 changed its charter from a Washington chartered stock savings bank to a Washington chartered commercial bank. First Financial Northwest Bank is a community-based commercial bank primarily serving King and, to a lesser extent, Pierce, Snohomish and Kitsap Counties, Washington through a full-service banking office located in Renton, Washington and a branch office in Mill Creek, Washington. First Financial Northwest Bank's business consists of attracting deposits from the public and utilizing these deposits to originate one-to-four family residential, multifamily, commercial real estate, construction/land development, business and consumer loans. The accompanying consolidated financial statements include the accounts of First Financial Northwest and its wholly-owned subsidiaries First Financial Northwest Bank and First Financial Diversified Corporation (collectively, "the Company"). All significant intercompany balances and transactions between First Financial Northwest and its subsidiaries have been eliminated in consolidation. Basis of Presentation and Use of Estimates The accounting and reporting policies of First Financial Northwest and its subsidiaries conform to U.S. generally accepted accounting principles (“GAAP”). In preparing the consolidated financial statements, management makes estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the financial statements and the disclosures provided. Actual results could differ from these estimates. Material estimates particularly subject to change include the allowance for loan and lease losses (“ALLL”), other real estate owned (“OREO”), deferred tax assets and the fair values of financial instruments. Subsequent Events The Company has evaluated events and transactions subsequent to December 31, 2015 for potential recognition or disclosure and determined there are no such events or transactions requiring recognition or disclosure. Cash and Cash Equivalents For purposes of reporting cash flows, cash and cash equivalents include cash on hand and in banks, interest-bearing deposits and federal funds sold all with maturities of three months or less. The Bank is required to maintain an average reserve balance with the FRB or maintain such reserve balance in the form of cash. The required reserve balance was $ 434,000 at December 31, 2015, and $ 171,000 at December 31, 2014. Investments Investments are classified into one of three categories: (1) held-to-maturity, (2) available-for-sale, or (3) trading. We had no held-to-maturity or trading securities at December 31, 2015, or 2014. Investments are categorized as held-to-maturity when we have the positive intent and ability to hold them to maturity. Investments are classified as available-for-sale if the Company intends to hold the securities for an indefinite period of time, but not necessarily to maturity. Investments available-for-sale are reported at fair value. Unrealized holding gains and losses on investments available-for-sale are excluded from earnings and are reported in other comprehensive income (loss), net of applicable taxes. Gains and losses on sales are recorded on the trade date and determined using the specific identification method. Amortization or accretion of purchase premiums and discounts are included in investment income using the level-yield method over the remaining period to contractual maturity. Dividend or interest income is recognized when it is earned. The estimated fair value of investments is based on quoted market prices for investments traded in active markets or dealer quotes. Mortgage-backed investments represent participation interest in pools of first mortgage loans originated and serviced by the issuers of the investments. 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. Management 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. For equity securities, the write-down is recorded as a realized loss in noninterest income in the Consolidated Income Statements. For debt securities, if management intends to sell the security or it is likely that management 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 management does not intend to sell the security and it is not likely that management will be required to sell the security but management 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. Loans Receivable Loans are recorded at their outstanding principal balance adjusted for charge-offs, the ALLL and net deferred fees or costs. Interest on loans is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income using the level-yield method without anticipating prepayments. The accrual of interest on loans is discontinued at the time the loan is 90 days delinquent unless the loan is well secured and in the process of collection. Consumer and other loans are typically managed in the same manner. In all cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is doubtful. All interest accrued but not collected on loans that are placed on nonaccrual is reversed against interest income. Loans are returned to accrual status when all principal and interest amounts contractually due are brought current and future payments are reasonably assured. In order to return a nonaccrual loan to accrual status, each loan is evaluated on a case-by-case basis. We evaluate the borrower's financial condition to ensure that future loan payments are reasonably assured. We also take into consideration the borrower's willingness and ability to make the loan payments and historical repayment performance. We require the borrower to make the loan payments consistently for a period of at least six months as agreed to under the terms of any modified loan agreement before we will consider reclassifying the loan to accrual status. Impaired Loans A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, market conditions, rent rolls and the financial strength of the borrower(s) and guarantor(s), if any. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrowers, including the length of the delay, the reasons for the delay, the borrower's prior payment history and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured by the fair value method on a loan-by-loan basis. When a loan is identified as impaired, its impairment is measured using the present value of expected future cash flows, discounted at the loan's effective interest rate, except when the sole (remaining) source of repayment for the loan is the operation or liquidation of the collateral. In these cases, the Company uses an observable market price or current fair value of the collateral, less certain completion costs and closing costs when foreclosure is probable, instead of discounted cash flows. The Company obtains annual updated appraisals for impaired collateral dependent loans that exceed $1.0 million and loans that have been transferred to OREO. In addition, the Company may order appraisals on properties not included within these guidelines when there are extenuating circumstances where the Company is not otherwise able to determine the fair value of the property. Appraised values may be discounted based on management's historical knowledge, changes in market conditions from the time of valuation and/or management's expertise and knowledge of the borrower. If management determines that the value of the impaired loan is less than the recorded investment in the loan, an impairment is recognized through an allowance estimate or a charge-off to the ALLL. Troubled Debt Restructurings Certain loan modifications or restructurings are accounted for as troubled debt restructurings ("TDR"). 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. Examples of these modifications or restructurings include advancement of maturity date, accepting interest only payments for a period of time, or granting an interest rate concession for a period of time. 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 reduces the ALLL and a valuation allowance is established to reduce the loan balance. As loan payments are received in future periods, the ALLL entry is reversed and the valuation allowance is reduced utilizing the level yield method over the modification period. A loan that is determined to be classified as a TDR is generally reported as a TDR until the loan is paid in full or otherwise settled, sold, or charged-off. Allowance for Loan and Lease Losses The allowance for loan and lease losses ("ALLL") is a valuation allowance for probable incurred credit losses. Losses are charged against the allowance when management believes the uncollectability of a loan balance is confirmed. Any subsequent recoveries are credited to the allowance. The ALLL is evaluated on a regular basis by management and is based upon management's periodic review of the collectability of the loans and factors such as the nature and volume of the loan portfolio, historical loss considerations, adverse situations that may affect the borrower's ability to repay, estimated value of any underlying collateral, and prevailing economic conditions. The evaluation is inherently subjective, as it requires estimates that are susceptible to significant revision as more information becomes available. While management uses available information to recognize losses on loans, future additions to the allowance may be necessary based on changes in economic conditions or changes to the credit quality of the loan portfolio. In addition, various regulatory agencies, as an integral part of their examination process, periodically review the Company's ALLL. Such agencies may require management to make adjustments to the allowance based on their judgments about information available to them at the time of their examination. Premises and Equipment Premises and equipment are stated at cost less accumulated depreciation and amortization. Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the assets. The estimated useful lives used to compute depreciation and amortization is 15 to 40 years for buildings and building improvements, and is three to seven years for furniture, fixtures, and equipment. Leasehold improvements are amortized over the life of the lease. Management reviews buildings, improvements and equipment for impairment on an annual basis or whenever events or changes in the circumstances indicate that the undiscounted cash flows for the property are less than its carrying value. If identified, an impairment loss is recognized through a charge to earnings based on the fair value of the property. Federal Home Loan Bank Stock As a member of the Federal Home Loan Bank System, the Bank is required to maintain a minimum level of investment in the Federal Home Loan Bank of Des Moines (“FHLB”) stock, based on specified percentages of outstanding mortgages and the Bank's outstanding FHLB advances. Ownership of FHLB stock is restricted to the FHLB and member institutions. The Bank's investment in FHLB stock is carried at par value ( $100 per share), which reasonably approximates its fair value. Transfer of Financial Assets Transfers of an entire financial asset, a group of entire financial assets, or participating interest in an entire financial asset are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Bank, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Bank does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity. Other Real Estate Owned OREO consists principally of properties acquired through foreclosure and is stated at the lower of cost or estimated market value less selling costs. Losses arising from the acquisition of property, in full or partial satisfaction of loans, are charged to the ALLL. Subsequent to the transfer to foreclosed assets held for sale, these assets continue to be recorded at the lower of cost or fair value (less estimated costs to sell), based on periodic evaluations. Subsequent write-downs in value are charged to noninterest expense. Generally, legal and professional fees associated with foreclosures are expensed as incurred. Costs incurred to improve property prior to sale are capitalized; however, in no event are recorded costs allowed to exceed estimated fair value. Subsequent gains, losses, or expenses recognized on the sale of these properties are included in noninterest expense. The amounts that will ultimately be recovered from foreclosed assets may differ substantially from the carrying value of the assets because of future market factors beyond management's control. Bank-Owned Life Insurance The Company has purchased life insurance on certain key executives and officers. Bank-owned life insurance ("BOLI") is recorded at the amount that can be realized under the insurance contract at the balance sheet date, which is the cash surrender value adjusted for other charges or other amounts due that are probable at settlement. Increases to the cash surrender value are recorded as noninterest income and partially offset expenses for employee benefits. Loan Commitments and Related Financial Instruments Financial instruments include off-balance sheet credit instruments, such as unused lines of credit and commercial letters of credit issued to meet customer financing needs. The face amount of these items represents the exposure to loss before considering customer collateral or ability to repay. Such financial instruments are recorded when they are funded. Reserve for Unfunded Commitments Management maintains a reserve for unfunded commitments to absorb probable losses associated with our off-balance sheet commitments to lend funds such as unused lines of credit and the undisbursed portion of construction loans. Management determines the adequacy of the reserve based on reviews of individual exposures, current economic conditions, and other relevant factors. The reserve is based on estimates and ultimate losses may vary from the current estimates. The reserve is evaluated on a regular basis and necessary adjustments are reported in earnings during the period in which they become known. The reserve for unfunded commitments is included in the other liabilities section of the consolidated balance sheets. Stock-Based Compensation Compensation cost is recognized for stock options and restricted stock awards, based on the fair value of these awards at the grant date. A Black-Scholes model is utilized to estimate the fair value of stock options, while the market price of the Company's common stock at the grant date is used for restricted stock awards. Compensation cost is recognized over the required service period, generally defined as the vesting period. For awards with graded vesting, compensation cost is recognized on a straight-line basis over the requisite service period for the entire award. Federal Income Taxes The Company files a consolidated Federal income tax return and records its provision for income taxes under the asset and liability method. Deferred taxes result from temporary differences in the recognition of certain income and expense amounts between the Company's financial statements and its tax return. The principal items giving rise to these differences include net operating losses, valuation adjustments on foreclosed properties, and allowance for credit losses. Deferred tax assets and liabilities are reflected at currently enacted income tax rates applicable to the period in which the deferred tax assets or liabilities are expected to be realized or settled. As changes in tax laws or rates are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes. Valuation allowances are established to reduce the net carrying amount of deferred tax assets if it is determined to be more likely than not that all or some portion of the potential deferred tax asset will not be realized. The Company's policy is to recognize interest and penalties associated with income tax matters in income tax expense. Employee Stock Ownership Plan The cost of shares issued to the Employee Stock Ownership Plan ("ESOP"), but not yet allocated to participants, is shown as a reduction of stockholders' equity. Compensation expense is based on the market price of shares as they are committed to be released to participant accounts. Dividends on allocated ESOP shares reduce retained earnings; dividends on unearned ESOP shares reduce debt and accrued interest. 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 earnings per share ("EPS") pursuant to the two-class method. The two-class method is an earnings allocation formula that determines EPS for each class of common stock and participating security according to dividends declared or accumulated and participation rights in undistributed earnings. Certain shares 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 share 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. As ESOP shares are committed to be released, they are included in the outstanding shares used in the basic EPS calculation. Diluted earnings per share is computed in a similar manner, except that first the denominator is increased to include the number of additional shares that would have been outstanding if potentially dilutive shares, excluding the participating securities, were issued using the treasury stock method. For all periods presented, stock options and certain restricted stock awards are potentially dilutive non-participating instruments issued by the Company. Undistributed losses are not allocated to the nonvested share-based payment awards (the participating securities) under the two-class method as the holders are not contractually obligated to share in the losses of the Company. Comprehensive Income Comprehensive income consists of net income and unrealized gains and losses on investments available-for-sale which are also recognized as separate components of equity, net of tax. Advertising Expenses Advertising costs are generally expensed as incurred. Fair Value of Financial Instruments Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully disclosed in a separate note. Fair value estimates involve uncertainties and matters of significant judgment regarding interest rates, credit risk, prepayments and other factors, especially in the absence of broad markets for particular items. Changes in assumptions or in market conditions could significantly affect the estimates. Segment Information 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 providing lending services. Substantially all income is derived from a diverse base of investments and commercial, construction, mortgage, and consumer lending activities. Reclassification Certain amounts in the consolidated financial statements for prior years have been reclassified to conform to the current consolidated financial statement presentation. The results of the reclassifications are not considered material and have no effect on previously reported net income or stockholders' equity. Recently Issued Accounting Pronouncements In September 2015, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2015-16, Business Combinations (Topic 805). ASU No. 2015-16 simplifies the accounting for measurement period adjustments. The amendments require that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period when the adjustment amounts are determined. The acquirer is required to record in the same period's financial statements the effect on earnings from changes in depreciation, amortization, or other income effects resulting from the change to provisional amounts, calculated as if the accounting had been completed at the acquisition date. The acquirer must present separately on the income statement, or disclose in the notes, the amount recorded in current-period earnings that would have been recorded in previous reporting periods if the provisional amount had been recognized at the acquisition date. For public business entities, the amendments are effective for fiscal years beginning after December 15, 2015, including interim periods within those fiscal years. The adoption of ASU No. 2015-16 is not expected to have a material impact on the Company's consolidated financial statements. In November 2015, the FASB issued ASU No. 2015-17, Income Taxes, Balance Sheet Classification of Deferred Taxes. ASU 2015-17 simplifies the presentation of deferred income taxes by requiring deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. Prior to this amendment, entities were required to separate deferred income tax liabilities and assets into current and noncurrent amounts in a classified statement of financial position based on the classification of the related asset or liability for financial reporting, or by the expected reversal date of the temporary difference. The ASU is effective for financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. The adoption of ASU 2015-17 is not expected to have a material impact on the Company's consolidated financial statements. In January 2016, FASB issued ASU No. 2016-01, Financial Instruments--Overall, Recognition and Measurement of Financial Assets and Financial Liabilities. ASU 2016-01 requires equity investments (except those accounted for under the equity method of accounting) to be measured at fair value with changes in fair value recognized in net income. The amendments in this update also require an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in instrument-specific credit risk. In addition, the ASU eliminates the requirement to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet. The ASU also clarifies that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity's other deferred tax assets. The amendments in this update are effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Early application is permitted for fiscal years or interim periods that have not yet been issued if adopted at the beginning of the fiscal year. The adoption of ASU 2016-01 is not expected to have a material impact on the Company's consolidated financial statements. In February 2016, FASB issued ASU No. 2016-02, Leases (Topic 842) . ASU No. 2016-02 requires lessees to recognize on the balance sheet the assets and liabilities arising from operating leases. A lessee should recognize a liability to make lease payments and a right-of-use asset representing its right to use the underlying asset for the lease term. A lessee should include payments to be made in an optional period only if the lessee is reasonably certain to exercise an option to extend the lease or not to exercise an option to terminate the lease. For a finance lease, interest payments should be recognized separately from amortization of the right-of-use asset in the statement of comprehensive income. For operating leases, the lease cost should be allocated over the lease term on a generally straight-line basis. The amendments in ASU 2016-02 are effective for fiscal years beginning after December 15, 2018, including interim periods within those fiscal years. Early application of the amendments in the ASU is permitted. The adoption of ASU 2016-02 is not expected to have a material impact on the Company's consolidated financial statements.

Investments

Investments	12 Months Ended
	Dec. 31, 2015
Investments [Abstract]
Investments	Investments The following tables summarize the amortized cost and fair value of investments available-for-sale at December 31, 2015, and 2014, and the corresponding amounts of gross unrealized gains and losses. December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 50,288 $ 260 $ (227 ) $ 50,321 Freddie Mac 26,011 243 (117 ) 26,137 Ginnie Mae 13,802 44 (114 ) 13,732 Municipal bonds 11,787 277 — 12,064 U.S. Government agencies 13,541 89 (88 ) 13,542 Corporate bonds 14,010 4 (245 ) 13,769 $ 129,439 $ 917 $ (791 ) $ 129,565 December 31, 2014 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses 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 $ 119,140 $ 1,621 $ (387 ) $ 120,374 There were no investments classified as held-to-maturity at December 31, 2015, or 2014. The amortized cost and estimated fair value of investments available-for-sale at December 31, 2015, by expected 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. December 31, 2015 Amortized Cost Fair Value (In thousands) Due within one year $ — $ — Due after one year through five years 9,845 9,802 Due after five years through ten years 16,349 16,222 Due after ten years 13,144 13,351 39,338 39,375 Mortgage-backed investments 90,101 90,190 $ 129,439 $ 129,565 Under Washington state law, in order to participate in the public funds program the Company is required to pledge 100% of the public deposits held in the form of eligible securities. Investments with a carrying value of $17.4 million and $16.3 million were pledged as collateral for public deposits at December 31, 2015 , and 2014 , respectively, both of which exceeded the minimum collateral requirements established by the Washington Public Deposit Protection Commission. At December 31, 2015 , and 2014, there were no investments pledged as collateral for FHLB advances. Sales of available-for-sale investments were as follows: Year Ended December 31, 2015 2014 2013 (In thousands) Proceeds $ 27,327 $ 4,980 $ 45,137 Gross gains 449 — 11 Gross losses (357 ) (20 ) (49 ) 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 December 31, 2015 and 2014. December 31, 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 $ 37,593 $ (227 ) $ — $ — $ 37,593 $ (227 ) Freddie Mac 12,115 (117 ) — — 12,115 (117 ) Ginnie Mae 5,508 (29 ) 3,233 (85 ) 8,741 (114 ) Municipal bonds — — — — — — U.S. Government agencies 9,605 (88 ) — — 9,605 (88 ) Corporate bonds 10,263 (245 ) — — 10,263 (245 ) $ 75,084 $ (706 ) $ 3,233 $ (85 ) $ 78,317 $ (791 ) 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 ) Municipal bonds — — — — — — U.S. Government agencies 545 — 8,096 (151 ) 8,641 (151 ) Corporate bonds 1,496 (4 ) 5,942 (58 ) 7,438 (62 ) $ 3,924 $ (10 ) $ 27,278 $ (377 ) $ 31,202 $ (387 ) At December 31, 2015 , the Company had 43 securities with a gross unrealized loss of $791,000 with a fair value of $78.3 million . At December 31, 2014 , the Company had 24 securities with a gross unrealized loss of $387,000 with a fair value of $31.2 million . Management reviewed the financial condition of the entities underlying the securities at both December 31, 2015, and December 31, 2014, and determined that no OTTI was required. Management believes that, while actual fluctuation in unrealized losses will occur over the life of an investment security, the temporary impairment on the investment securities that were in an unrealized loss position at December 31, 2015 and 2014, will be incrementally relieved as the individual investment securities approach their respective contractual maturity dates. The unrealized losses relate principally to the general change in interest rate and illiquidity, and not credit quality. As management does not intend to sell the security, and it is likely that it will not be required to sell the security before its anticipated recovery, no declines are deemed to be other-than-temporary.

Loans Receivable

Loans Receivable	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
Loans Receivable	Loans Receivable Loans receivable at December 31, 2015, and 2014 are summarized as follows: December 31, 2015 2014 (In thousands) One-to-four family residential: Permanent owner occupied $ 147,229 $ 161,013 Permanent non-owner occupied 106,543 112,180 Construction non-owner occupied — 500 253,772 273,693 Multifamily: Permanent 122,747 116,014 Construction 21,115 4,450 143,862 120,464 Commercial real estate: Permanent 244,211 239,211 Construction — 6,100 Land 8,290 2,956 252,501 248,267 Construction/land development: (1) One-to-four family residential 52,233 19,860 Multifamily 25,551 17,902 Commercial — 4,300 Land development 8,768 8,993 86,552 51,055 Business 7,604 3,783 Consumer 6,979 7,130 Total loans 751,270 704,392 Less: Loans in process ("LIP") 53,854 27,359 Deferred loan fees, net 2,881 2,604 ALLL 9,463 10,491 Loans receivable, net $ 685,072 $ 663,938 ___________ (1) 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 December 31, 2015, the Company had $21.1 million , or 14.7% of the total multifamily loans, and no commercial or one-to-four family residential loans in these "rollover" type of loans. At December 31, 2014, the Company had $6.1 million , or 2.5% of the total commercial real estate portfolio, $4.5 million , or 3.7% of the total multifamily loans and $500,000, or 0.2% of the total one-to-four family residential loans in these rollover type of loans. At December 31, 2015 and December 31, 2014 , $8.3 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 when it does not intend to finance the construction as commercial real estate land loans. At December 31, 2015 , and 2014 there were no loans classified as held for sale. Concentrations of Credit Most of the Bank's lending activity occurs within the state of Washington. The primary market areas include King and to a lesser extent Pierce, Snohomish and Kitsap counties. The Company's loan portfolio consists of one -to- four family residential loans which comprised 33.8% of the total loan portfolio at December 31, 2015. Commercial real estate and multifamily loans were 33.6% and 19.1% , respectively, of the total loan portfolio at December 31, 2015, with construction/land development loans, consumer, and business loans accounting for the remaining 13.5% of the loan portfolio. Included in the one -to- four family residential, multifamily, commercial real estate, construction/land development, and consumer loan portfolios at December 31, 2015 , were $13.5 million , $2.0 million , $59.9 million , $438,000 , $198,000 of total loans, respectively, to the Company's five largest borrowing relationships. The Company originates both adjustable and fixed interest rate loans. The composition of loans receivable at December 31, 2015, and 2014, was as follows: December 31, 2015 Fixed Rate Adjustable Rate Term to Maturity Principal Balance Term to Rate Adjustment Principal Balance (In thousands) Due within one year $ 17,476 Due within one year $ 122,992 After one year through three years 107,792 After one year through three years 28,316 After three years through five years 91,283 After three years through five years 90,779 After five years through ten years 99,348 After five years through ten years 41,239 Thereafter 151,879 Thereafter 166 $ 467,778 $ 283,492 December 31, 2014 Fixed Rate Adjustable Rate Term to Maturity Principal Balance Term to Rate Adjustment Principal Balance (In thousands) Due within one year $ 39,649 Due within one year $ 98,830 After one year through three years 70,416 After one year through three years 27,314 After three years through five years 128,142 After three years through five years 32,842 After five years through ten years 117,199 After five years through ten years 59,682 Thereafter 129,560 Thereafter 758 $ 484,966 $ 219,426 The majority of the adjustable-rate loans are tied to the prime rate as published in The Wall Street Journal . The remaining adjustable-rate loans have interest rate adjustment limitations and are generally indexed to the FHLB Long-Term Bullet advance rates published by the FHLB. Future market factors may affect the correlation of the interest rate adjustment with the rates paid on short‑term deposits that have been primarily utilized to fund these loans. ALLL . When the Company classifies problem assets as either substandard or doubtful, pursuant to Federal regulations, it may establish a specific reserve in an amount deemed prudent to address the risk specifically or may allow the loss to be addressed in the general allowance. General allowances represent loss allowances which have been established to recognize the inherent risk associated with lending activities, but which, unlike specific allowances, have not been specifically allocated to the particular problem assets. When an insured institution classifies problem assets as a loss, pursuant to Federal regulations, it is required to charge-off such assets in the period in which they are deemed uncollectible. The determination as to the classification of the Company's assets and the amount of valuation allowances is subject to review by bank regulators, who can require the establishment of additional loss allowances. Loan grades are used by the Company to identify and track potential problem loans which do not rise to the levels described for substandard, doubtful, or loss. The grades for watch and special mention are assigned to loans which have been criticized based upon known characteristics such as periodic payment delinquency or stale financial information from the borrower and/or guarantors. Loans identified as criticized (watch and special mention) or classified (substandard, doubtful or loss) are subject to problem loan reporting every three months. The following tables summarize changes in the ALLL and loan portfolio by type of loan and reserve method for the periods indicated. At or For the Year Ended December 31, 2015 One-to-Four Family Residential Multifamily Commercial Real Estate Construction/ Land Development Business Consumer Total ALLL: (In thousands) Beginning balance $ 3,694 $ 1,646 $ 4,597 $ 355 $ 47 $ 152 $ 10,491 Charge-offs (27 ) (281 ) — — — (54 ) (362 ) Recoveries 936 78 181 — 3 336 1,534 (Recapture) provision (1,575 ) (145 ) (1,236 ) 586 179 (9 ) (2,200 ) Ending balance $ 3,028 $ 1,298 $ 3,542 $ 941 $ 229 $ 425 $ 9,463 General reserve $ 2,516 $ 1,295 $ 3,364 $ 941 $ 229 $ 386 $ 8,731 Specific reserve 512 3 178 — — 39 732 Loans: (1) Total Loans $ 253,772 $ 133,388 $ 252,501 $ 43,172 $ 7,604 $ 6,979 $ 697,416 General reserve (2) 217,677 131,793 247,110 43,172 7,604 6,771 654,127 Specific reserve (3) 36,095 1,595 5,391 — — 208 43,289 ____________ (1) Net of LIP. (2) Loans collectively evaluated for impairment. (3) Loans individually evaluated for impairment. At or For the Year Ended December 31, 2014 One-to-Four Family Residential Multifamily Commercial Real Estate Construction/ Land Development Business Consumer Total ALLL: (In thousands) Beginning balance $ 5,141 $ 1,377 $ 5,881 $ 399 $ 14 $ 182 $ 12,994 Charge-offs (78 ) — (311 ) (223 ) — (30 ) (642 ) Recoveries 50 — 174 — 10 5 239 (Recapture) provision (1,419 ) 269 (1,147 ) 179 23 (5 ) (2,100 ) Ending balance $ 3,694 $ 1,646 $ 4,597 $ 355 $ 47 $ 152 $ 10,491 General reserve $ 2,894 $ 1,619 $ 4,268 $ 355 $ 47 $ 93 $ 9,276 Specific reserve 800 27 329 — — 59 1,215 Loans: (1) Total Loans $ 273,565 $ 120,271 $ 247,968 $ 24,316 $ 3,783 $ 7,130 $ 677,033 General reserve (2) 229,827 118,099 238,416 24,316 3,783 6,933 621,374 Specific reserve (3) 43,738 2,172 9,552 — — 197 55,659 _____________ (1) Net of LIP. (2) Loans collectively evaluated for impairment. (3) Loans individually evaluated for impairment. At or For the Year Ended December 31, 2013 One-to-Four Family Residential Multifamily Commercial Real Estate Construction/ Land Development Business Consumer Total ALLL: (In thousands) Beginning balance $ 5,562 $ 1,139 $ 5,207 $ 437 $ 30 $ 167 $ 12,542 Charge-offs (456 ) (346 ) (98 ) (582 ) (13 ) (101 ) (1,596 ) Recoveries 1,303 237 7 455 — 146 2,148 (Recapture) provision (1,268 ) 347 765 89 (3 ) (30 ) (100 ) Ending balance $ 5,141 $ 1,377 $ 5,881 $ 399 $ 14 $ 182 $ 12,994 General reserve $ 3,601 $ 1,292 $ 5,326 $ 399 $ 14 $ 182 $ 10,814 Specific reserve 1,540 85 555 — — — 2,180 Loans: (1) Total Loans $ 280,674 $ 117,181 $ 247,402 $ 23,127 $ 1,142 $ 9,201 $ 678,727 General reserve (2) 232,526 114,740 234,093 22,904 1,142 9,157 614,562 Specific reserve (3) 48,148 2,441 13,309 223 — 44 64,165 ______________ (1) Net of LIP. (2) Loans collectively evaluated for impairment. (3) Loans individually evaluated for impairment. Past Due Loans. Loans are considered past due if the required principal and interest payments have not been received as of the date such payments were due. At December 31, 2015, total past due loans comprised 0.18% of total loans, net of LIP, as compared to 0.66% at December 31, 2014. The following tables represent a summary at December 31, 2015, and 2014, of the aging of loans by type: Loans Past Due as of December 31, 2015 30-59 Days 60-89 Days 90 Days and Greater Total Current Total Loans (1) (2) (In thousands) Real estate: One-to-four family residential: Owner occupied $ 678 $ 483 $ — $ 1,161 $ 146,068 $ 147,229 Non-owner occupied — — — — 106,543 106,543 Multifamily — — — — 133,388 133,388 Commercial real estate — — — — 252,501 252,501 Construction/land development — — — — 43,172 43,172 Total real estate 678 483 — 1,161 681,672 682,833 Business — — — — 7,604 7,604 Consumer — 78 19 97 6,882 6,979 Total $ 678 $ 561 $ 19 $ 1,258 $ 696,158 $ 697,416 _________________________ (1) There were no loans 90 days past due and still accruing interest at December 31, 2015. (2) Net of LIP. Loans Past Due as of December 31, 2014 30-59 Days 60-89 Days 90 Days and Greater Total Current Total Loans (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 $ 2,631 $ 975 $ 841 $ 4,447 $ 672,586 $ 677,033 ________________________ (1) There were no loans 90 days past due and still accruing interest at December 31, 2014. (2) Net of LIP. Nonaccrual Loans. Loans are considered past due if the required principal and interest payments have not been received as of the date such payments were due. 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, each loan is evaluated on a case-by-case basis. 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 and 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 at December 31, 2015, and 2014 by type of loan December 31, 2015 2014 (In thousands) One-to-four family residential $ 996 $ 830 Commercial real estate — 434 Consumer 89 75 Total nonaccrual loans $ 1,085 $ 1,339 Nonperforming loans, net of LIP, were $1.1 million and $1.3 million at December 31, 2015 , and 2014 , respectively. Foregone interest on nonaccrual loans for the years ended December 31, 2015 , 2014 , and 2013 were $103,000 , $126,000 and $650,000 , respectively. The following tables summarize the loan portfolio at December 31, 2015, and 2014, by type and payment activity: December 31, 2015 One-to-Four Family Residential Multifamily Commercial Real Estate Construction / Land Development Business Consumer Total (3) (In thousands) Performing (1) $ 252,776 $ 133,388 $ 252,501 $ 43,172 $ 7,604 $ 6,890 $ 696,331 Nonperforming (2) 996 — — — — 89 1,085 Total $ 253,772 $ 133,388 $ 252,501 $ 43,172 $ 7,604 $ 6,979 $ 697,416 ____________ (1) There were $ 146.2 million of owner-occupied one-to-four family residential loans and $ 106.5 million of non-owner occupied one-to-four family residential loans classified as performing. (2) There were $ 996,000 of owner-occupied one-to-four family residential loans and no non-owner occupied one-to-four family residential loans classified as nonperforming. (3) Net of LIP. December 31, 2014 One-to-Four Family Residential Multifamily Commercial Real Estate Construction/ Land Development Business Consumer Total (3) (In thousands) Performing (1) $ 272,735 $ 120,271 $ 247,534 $ 24,316 $ 3,783 $ 7,055 $ 675,694 Nonperforming (2) 830 — 434 — — 75 1,339 Total $ 273,565 $ 120,271 $ 247,968 $ 24,316 $ 3,783 $ 7,130 $ 677,033 _____________ (1) 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. (2) 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. (3) Net of LIP. Impaired loans. The loan portfolio is constantly being monitored by management for delinquent loans and changes in the financial condition of each borrower. When an issue is identified with a borrower and it is determined that the loan needs to be classified as nonperforming and/or impaired, an evaluation of the collateral is performed prior to the end of the financial reporting period and, if necessary, an appraisal is ordered in accordance with the Company's appraisal policy guidelines. Based on this evaluation, any additional provision for loan loss or charge-offs that may be needed is recorded prior to the end of the financial reporting period. There were no commitments to advance funds related to impaired loans at December 31, 2015, and 2014. The following tables present a summary of loans individually evaluated for impairment at December 31, 2015, and 2014, by the type of loan: At or For the Year Ended December 31, 2015 Recorded Investment (1) Unpaid Principal Balance (2) Related Allowance (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 3,169 $ 3,441 $ — Non-owner occupied 23,285 23,310 — Multifamily 415 414 — Commercial real estate 2,675 2,857 — Consumer 132 183 — Total 29,676 30,205 — Loans with an allowance: One-to-four family residential: Owner occupied 2,120 2,189 85 Non-owner occupied 7,521 7,573 427 Multifamily 1,180 1,180 3 Commercial real estate 2,716 2,717 178 Consumer 76 76 39 Total 13,613 13,735 732 Total impaired loans: One-to-four family residential: Owner occupied 5,289 5,630 85 Non-owner occupied 30,806 30,883 427 Multifamily 1,595 1,594 3 Commercial real estate 5,391 5,574 178 Consumer 208 259 39 Total $ 43,289 $ 43,940 $ 732 _________________ (1) Represents the loan balance less charge-offs. (2) Contractual loan principal balance. At or For the Year Ended 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 table presents a summary of recorded investment in impaired loans, and interest income recognized on impaired loans at December 31, 2015, 2014 and 2013 by the type of loan: Year Ended December 31, 2015 2014 2013 Average Recorded Investment Interest Income Recognized 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 $ 3,180 $ 110 $ 3,302 $ 158 $ 4,773 $ 146 Non-owner occupied 25,350 1,409 29,105 1,762 29,277 1,697 Multifamily 1,575 30 113 — 1,143 — Commercial real estate 4,180 187 3,971 291 7,065 344 Construction/land development — — — — 3,417 — Consumer 125 2 81 4 539 — Total 34,410 1,738 36,572 2,215 46,214 2,187 Loans with an allowance: One-to-four family residential: Owner occupied 2,131 89 2,975 124 4,249 169 Non-owner occupied 7,801 415 10,395 500 14,545 623 Multifamily 1,430 77 2,187 147 1,414 138 Commercial real estate 3,312 147 6,532 267 7,817 356 Consumer 77 3 20 3 — — Total 14,751 731 22,109 1,041 28,025 1,286 Total impaired loans: One-to-four family residential: Owner occupied 5,311 199 6,277 282 9,022 315 Non-owner occupied 33,151 1,824 39,500 2,262 43,822 2,320 Multifamily 3,005 107 2,300 147 2,557 138 Commercial real estate 7,492 334 10,503 558 14,882 700 Construction/land development — — — — 3,417 — Consumer 202 5 101 7 539 — Total $ 49,161 $ 2,469 $ 58,681 $ 3,256 $ 74,239 $ 3,473 Troubled Debt Restructurings . The following is a summary of information pertaining to TDRs: December 31, 2015 2014 (In thousands) Performing TDRs $ 42,128 $ 54,241 Nonaccrual TDRs 131 — Total TDRs $ 42,259 $ 54,241 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 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). The following table presents for the periods indicated TDRs and their recorded investment prior to the modification and after the modification: Year Ended December 31, 2015 2014 Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment (Dollars in thousands) TDRs that occurred during the period: One-to-four family residential: Interest only payments with interest rate concession 6 $ 1,439 $ 1,439 12 $ 2,522 $ 2,522 Principal and interest with interest rate concession 2 426 426 6 1,174 1,174 Advancement of maturity date 2 248 248 9 1,722 1,722 Commercial real estate: Principal and interest with interest rate concession 1 775 775 — — — Advancement of maturity date 2 866 866 — — — Interest-only payments with interest rate concession 1 496 496 2 3,470 3,470 Interest-only payments with advancement of maturity date 1 2,004 2,004 — — — Total 15 $ 6,254 $ 6,254 29 $ 8,888 $ 8,888 At December 31, 2015 and 2014, the Company had no commitments to extend additional credit to borrowers whose loan terms have been modified in a TDR. All TDRs are also classified as impaired loans and are included in the loans individually evaluated for impairment in the calculation of the ALLL. TDRs resulted in no charge-offs to the ALLL for the years ended December 31, 2015 and 2014. For the year ended December 31, 2015 and 2014, there were no payment defaults on loans modified as TDRs within the previous 12 months. Credit Quality Indicators . The Company utilizes a nine-point 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 can be assets where there is virtually no credit risk, such as cash secured loans with funds on deposit with the Bank. 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. As of December 31, 2015, and 2014, the Company had no loans rated as doubtful or loss. The following tables represent a summary of loans at December 31, 2015, and 2014 by type and risk category: December 31, 2015 One-to-Four Family Residential Multifamily Commercial Real Estate Construction/ Land Development Business Consumer Total (1) (In thousands) Risk Rating: Pass $ 247,239 $ 133,388 $ 248,196 $ 43,172 $ 7,604 $ 6,702 $ 686,301 Special mention 3,840 — 3,809 — — 188 7,837 Substandard 2,693 — 496 — — 89 3,278 Total $ 253,772 $ 133,388 $ 252,501 $ 43,172 $ 7,604 $ 6,979 $ 697,416 _____________ (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 $ 273,565 $ 120,271 $ 247,968 $ 24,316 $ 3,783 $ 7,130 $ 677,033 ______________ (1) Net of LIP. Certain executive officers and directors have loans with the Bank. The aggregate dollar amount of these loans outstanding to related parties is summarized as follows: Year Ended December 31, 2015 2014 2013 (In thousands) Balance at beginning of year $ 138 $ 548 $ 498 Additions — — 353 Repayments (20 ) (410 ) (303 ) Balance at end of year $ 118 $ 138 $ 548

Other Real Estate Owned

Other Real Estate Owned	12 Months Ended
	Dec. 31, 2015
Other Real Estate [Abstract]
Other Real Estate Owned	Other Real Estate Owned The following table is a summary of OREO activity for the periods indicated: Year Ended December 31, 2015 2014 2013 (In thousands) Balance at beginning of year $ 9,283 $ 11,465 $ 17,347 Loans transferred to OREO 141 1,823 6,485 Capitalized (reimbursed) improvements — 120 75 Gross proceeds from sale of OREO (6,246 ) (3,646 ) (13,151 ) Gain (loss) on sale of OREO 526 (86 ) 1,112 Market value adjustments (41 ) (393 ) (403 ) Balance at end of year $ 3,663 $ 9,283 $ 11,465 OREO includes properties acquired by the Company through foreclosure and deed in lieu of foreclosure. OREO at December 31, 2015 consisted of $3.5 million in commercial real estate properties and $173,000 in construction/land development projects.

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Premises and Equipment	Premises and Equipment Premises and equipment consisted of the following at December 31, 2015, and 2014: December 31, 2015 2014 (In thousands) Land $ 1,914 $ 1,914 Buildings and improvements 17,820 17,820 Leasehold improvements 391 — Furniture, fixtures and equipment 3,638 3,399 Computer hardware and software 1,883 969 Construction in process 235 7 25,881 24,109 Less accumulated depreciation and amortization (8,174 ) (7,375 ) Total premises and equipment, net $ 17,707 $ 16,734 Depreciation and amortization expense was $809,000 for the year ended December 31, 2015 and $755,000 and $799,000 for the years ended December 31, 2014 and 2013 , respectively.

Fair Value

Fair Value	12 Months Ended
	Dec. 31, 2012
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 and liabilities measured at fair value on a recurring basis (there were no transfers between Level 1, Level 2 and Level 3 recurring measurements during the periods presented): December 31, 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) Available-for-sale investments: Mortgage-backed investments: Fannie Mae $ 50,321 $ — $ 50,321 $ — Freddie Mac 26,137 — 26,137 — Ginnie Mae 13,732 — 13,732 — Municipal bonds 12,064 — 12,064 — U.S. Government agencies 13,542 — 13,542 — Corporate bonds 13,769 — 13,769 — $ 129,565 $ — $ 129,565 $ — 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) Available-for-sale investments: 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 — $ 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 and liabilities measured at fair value on a nonrecurring basis at December 31, 2015, and 2014. December 31, 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) Impaired loans (included in loans receivable, net) (1) $ 42,557 $ — $ — $ 42,557 OREO 3,663 — — 3,663 Total $ 46,220 $ — $ — $ 46,220 _______________ (1) Total value of impaired loans is net of $ 732,000 of specific reserves on performing TDRs. 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) Impaired loans (included in loans receivable, net) (1) $ 54,444 $ — $ — $ 54,444 OREO (2) 9,283 — — 9,283 Total $ 63,727 $ — $ — $ 63,727 ________________ (1) Total value of impaired loans is net of $ 1.2 million of specific reserves on performing TDRs. OREO properties are measured at the lower of their carrying amount or fair value, less 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 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. December 31, 2015 Fair Value Valuation Technique(s) Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 42,557 Market approach Appraised value discounted by market or borrower conditions 0.0% - 2.1% (0.3%) OREO $ 3,663 Market approach Appraised value less selling costs 0.0% -13.6% (1.0%) December 31, 2014 Fair Value Valuation Technique(s) Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 54,365 Market approach Appraised value discounted by market or borrower conditions 0.0% - 45.8% (2.2%) OREO $ 9,283 Market approach Appraised value less selling costs 0.0% - 19.4% (3.3%) The carrying amounts and estimated fair values of financial instruments at December 31, 2015, and 2014, were as follows: December 31, 2015 Fair Value Measurements Using: Carrying Value Estimated Fair Value Level 1 Level 2 Level 3 (In thousands) Financial Assets: Cash on hand and in banks $ 5,713 $ 5,713 $ 5,713 $ — $ — Interest-earning deposits 99,998 99,998 99,998 — — Investments available-for-sale 129,565 129,565 — 129,565 — Loans receivable, net 685,072 693,480 — — 693,480 FHLB stock 6,137 6,137 — 6,137 — Accrued interest receivable 2,968 2,968 — 2,968 — Financial Liabilities: Deposits 285,416 285,416 285,416 — — Certificates of deposit, retail 323,840 324,135 — 324,135 — Certificates of deposit, brokered 66,151 66,947 — 66,947 — Advances from the FHLB 125,500 125,466 — 125,466 — Accrued interest payable 135 135 — 135 — December 31, 2014 Fair Value Measurements Using: Carrying Value Estimated 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-bearing deposits, accrued interest receivable, and accrued interest payable. • FHLB stock: 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.

Accrued Interest Receivable

Accrued Interest Receivable	12 Months Ended
	Dec. 31, 2015
Accrued Interest Receivable [Abstract]
Accrued Interest Receivable	Accrued Interest Receivable Accrued interest receivable consisted of the following at December 31, 2015 and 2014: December 31, 2015 2014 (In thousands) Loans receivable $ 2,467 $ 2,879 Investments 493 382 Interest-earning deposits 8 4 $ 2,968 $ 3,265

Deposits

Deposits	12 Months Ended
	Dec. 31, 2015
Deposits [Abstract]
Deposits	Deposits Deposit accounts consisted of the following at December 31, 2015, and 2014: December 31, 2015 2014 (In thousands) Noninterest-bearing $ 29,392 $ 14,354 NOW 16,261 20,752 Statement savings 28,327 23,901 Money market 211,436 142,532 Certificates of deposit, retail 323,840 358,159 Certificates of deposit, brokered 66,151 54,429 $ 675,407 $ 614,127 At December 31, 2015 , scheduled maturities of certificates of deposit were as follows: December 31, Amount (In thousands) 2016 $ 134,663 2017 88,147 2018 66,726 2019 82,203 2020 12,174 thereafter 6,078 $ 389,991 Deposits included public funds of $16.0 million and $15.9 million at December 31, 2015 and 2014 , respectively. Certificates of deposit equal to or exceeding the FDIC insured amount of $250,000 included in deposits at December 31, 2015 and 2014 , were $72.5 million and $79.8 million , respectively. Interest expense on these certificates totaled $769,000 , $821,000 , and $1.2 million for the years ended December 31, 2015 , 2014 , and 2013 , respectively. Included in deposits are accounts of $1.8 million and $2.7 million at December 31, 2015 , and 2014 , respectively which are controlled by management, members of the Board of Directors, and related entities. Interest expense on deposits for the periods indicated was as follows: Year Ended December 31, 2015 2014 2013 (In thousands) NOW $ 18 $ 23 $ 30 Statement savings 40 30 31 Money market 603 311 291 Certificates of deposit, retail 3,574 4,388 6,442 Certificates of deposit, brokered 1,243 311 — $ 5,478 $ 5,063 $ 6,794

Other Borrowings

Other Borrowings	12 Months Ended
	Dec. 31, 2015
Other Borrowings [Abstract]
Other Borrowings	Other Borrowings At December 31, 2015, and 2014, the Bank maintained credit facilities with the FHLB totaling $342.5 million and $227.3 million , respectively. Outstanding advances totaled $125.5 million at December 31, 2015 and carried a weighted-average interest rate of 0.97% . At December 31, 2014, outstanding advances totaled $135.5 million with a weighted-average interest rate of 0.95% . The credit facility was collateralized by a market value of $162.8 million of single-family residential mortgages, $134.1 million of commercial real estate loans and $68.2 million of multifamily loans under a blanket lien arrangement at December 31, 2015. At December 31, 2014, the credit facility was collateralized by a market value of $171.7 million of single-family residential mortgages, $ 105.8 million of commercial real estate loans, and $74.2 million of multifamily loans under a blanket lien arrangement. The Bank also had $35.0 million unused line-of-credit facilities with other financial institutions at December 31, 2015, with interest payable at the then stated rate. Outstanding advances consisted of the following at December 31, 2015, and 2014: December 31, 2015 Maturity Date Principal Balance Fixed Interest Rate (Dollars in thousands) 03/2016 $ 34,000 0.81 05/2016 20,000 0.70 10/2016 10,000 1.02 11/2016 20,000 0.84 04/2017 20,000 0.87 06/2018 6,500 1.52 11/2018 5,000 1.76 05/2019 10,000 1.70 $ 125,500

Benefit Plans

Benefit Plans	12 Months Ended
	Dec. 31, 2015
Compensation and Retirement Disclosure [Abstract]
Benefit Plans	Benefit Plans Multi-employer Pension Plans The Company participates in the Pentegra Defined Benefit Plan for Financial Institutions (“The Pentegra DB Plan”), a tax-qualified defined-benefit pension plan that covers substantially all employees after one year of continuous employment. Pension benefits vest over a period of five years of credited service. The Pentegra DB Plan’s Employer Identification Number is 13-5645888 and the Plan Number is 333. The Pentegra DB Plan operates as a multi-employer plan for accounting purposes and as a multiple-employer plan under the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code. There are no collective bargaining agreements in place that require contributions to the Pentegra DB Plan. The Pentegra DB Plan is a single plan under Internal Revenue Code Section 413(c) and, as a result, all of the assets stand behind all of the liabilities. Accordingly, under the Pentegra DB Plan, contributions made by a participating employer may be used to provide benefits to participants of other participating employers. As of March 31, 2013, the Pentegra DB Plan was frozen, eliminating all future benefit accruals for employees. Each employee's accrued benefit was determined as of March 31, 2013. The funding target is the present value of all benefits that have accrued as of the first day of the current plan year (July 1). Because interest rates used to calculate the present value of all benefits ( 6.28% for 2015 and 6.49% for 2014) is significantly higher than current market rates, the funding target does not represent the Company's actual liability upon withdrawal from participation in the Pentegra DB Plan, which is significantly larger than the funding target. The table below presents the funded status (market value of plan assets divided by funding target) of the plan as of July1: 2015 2014 Source Valuation Report Valuation Report First Financial Northwest's Plan (1) 102.8 % 105.3 % _________________ (1) Market value of plan assets reflects any contributions received through June 30, 2015, or 2014, respectively. Total contributions made to the Pentegra DB Plan, as reported on Form 5500, equal $190.8 million and $136.5 million for the plan years ending June 30, 2014 and June 30, 2013, respectively. The Company's contributions to the Pentegra DB Plan are not more than 5% of the total contributions to the Pentegra DB Plan. The Company's policy is to fund pension costs as accrued. Total contributions during the years ended December 31, 2015, 2014, and 2013 were: 2015 2014 2013 Date Paid Amount Date Paid Amount Date Paid Amount 11/2015 $ 540,000 9/25/2014 $ 8,735 9/18/2013 $ 26,328 11/28/2014 539,932 12/5/2013 43,979 12/20/2013 159,080 Total $ 540,000 Total $ 548,667 Total $ 229,387 Supplemental Executive Retirement Plan The Company has post-employment agreements with certain key officers to provide supplemental retirement benefits. The Company recorded $101,000 , $170,000 and $159,000 of deferred compensation expense for the years ended December 31, 2015, 2014, and 2013, respectively. 401(k) Plan The Company has a savings plan under Section 401(k) of the Internal Revenue Code, covering substantially all employees after 90 days of continuous employment. Under the plan, employee contributions up to 6% will be matched 50% by the Company. Such matching becomes vested over a period of five years of credited service. Employees may make investments in various stock, money market, or fixed income plans. The Company contributed $192,000 , $161,000 and $155,000 to the plan for the years ended December 31, 2015, 2014, and 2013, respectively. Employee Stock Ownership Plan The Company provides an ESOP for the benefit of substantially all employees. The ESOP borrowed $16.9 million from First Financial Northwest and used those funds to acquire 1,692,800 shares of First Financial Northwest's stock at the time of the initial public offering at a price of $10.00 per share. The loan matures on October 8, 2022 and has a fixed interest rate of 4.88% . Shares purchased by the ESOP with the loan proceeds are held in a suspense account and are allocated to ESOP participants on a pro rata basis as principal and interest payments are made by the ESOP to First Financial Northwest. The loan is secured by shares purchased with the loan proceeds and will be repaid by the ESOP with funds from the Company's discretionary contributions to the ESOP and earnings on the ESOP assets. Annual principal and interest payments of $1.6 million were made by the ESOP during 2015, 2014, and 2013. As shares are committed to be released from collateral, the Company reports compensation expense equal to the daily average market prices of the shares and the shares become outstanding for EPS computations. The compensation expense is accrued throughout the year. A summary of key transactions for the ESOP for the periods indicated follows: Year Ended December 31, 2015 2014 2013 (In thousands) ESOP contribution expense $ 1,400 $ 1,216 $ 1,087 Dividends on unallocated ESOP shares used to reduce ESOP contribution 210 197 132 Shares held by the ESOP at December 31, 2015, and 2014, are as follows: December 31, 2015 2014 (Dollars in thousands, except share data) Allocated shares 931,040 818,187 Unallocated shares 761,760 874,613 Total ESOP shares 1,692,800 1,692,800 Fair value of unallocated shares $ 10,634 $ 10,530 Stock-Based Compensation In June 2008, First Financial Northwest shareholders approved the First Financial Northwest 2008 Equity Incentive Plan (“Plan”). The Plan provides for the grant of stock options, restricted stock, and stock appreciation rights. Total compensation expense for the Plan for the years ended December 31, 2015, 2014, and 2013 was $440,000 , $384,000 , and $1.4 million , respectively. The related income tax benefit was $154,070 , $134,000 and $496,000 for the years ended December 31, 2015 , 2014 , and 2013 , respectively. Stock Options The Plan authorized the grant of stock options amounting to 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 ten 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. First Financial Northwest has a policy of issuing new shares from authorized but unissued common stock upon the exercise of stock options. At December 31, 2015 , remaining options for 591,756 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 assumptions noted in the table below. 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. In previous years, First Financial Northwest elected to use a weighted-average of its peers’ historical stock price information in conjunction with its own stock price history due to the limited amount of history available regarding its stock price. Now that sufficient stock price information is available regarding its stock, First Financial Northwest is utilizing the historical volatility of its stock price over a specified period of time 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 simplified method permitted by the Securities and Exchange Commission to calculate the expected term by setting the expected life at a midpoint of the vesting term of an option and the contractual term. The fair value of options granted was determined using the following weighted-average assumptions as of the grant date for the periods indicated. Year Ended December 31, 2015 2014 2013 Annual dividend yield 1.77 % 1.86 % 1.35 % Expected volatility 35.30 37.27 34.05 Risk-free interest rate 2.23 2.44 2.18 Expected term 10.0 years 10.0 years 8.1 years Weighted-average grant date fair value per option granted $ 4.74 $ 4.13 $ 3.70 A summary of the Company’s stock option plan awards activity for the year ended December 31, 2015 follows: Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Term in Years Aggregate Intrinsic Value Outstanding at December 31, 2014 929,260 $ 9.51 — $ — Granted 80,000 12.98 — — Exercised (125,000 ) 7.48 — — Outstanding at December 31, 2015 884,260 10.11 4.93 3,403,707 Expected to vest assuming a 3% forfeiture rate over the vesting term 876,400 10.10 4.90 3,380,786 Exercisable at December 31, 2015 622,260 9.72 3.46 2,639,687 As of December 31, 2015 , there was $926,000 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 3.6 years. Restricted Stock Awards The Plan authorized 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 value 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 December 31, 2015 , remaining restricted awards for 74,478 shares were available to be issued. 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 period ended December 31, 2015 , follows: Nonvested Shares Shares Weighted-Average Grant Date Fair Value Nonvested at December 31, 2012 244,847 $ 8.95 Granted 25,000 10.88 Vested (156,047 ) 9.72 Forfeited (10,400 ) 9.12 Nonvested at December 31, 2013 103,400 8.24 Vested (27,800 ) 7.64 Nonvested at December 31, 2014 75,600 8.47 Vested (27,800 ) 7.64 Nonvested at December 31, 2015 47,800 8.95 Expected to vest assuming a 3% forfeiture rate over the vesting term 46,366 As of December 31, 2015 there was $358,000 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 2.0 years. The total fair value of shares vested during the years ended December 31, 2015 , and 2014 were $212,000 and $212,000 , respectively.

Federal Income Taxes

Federal Income Taxes	12 Months Ended
	Dec. 31, 2012
Income Tax Disclosure [Abstract]
Federal Income Taxes	Federal Income Taxes The components of income tax expense (benefit) for the periods indicated are as follows: Year Ended December 31, 2015 2014 2013 (In thousands) Current $ 717 $ 254 $ 199 Deferred 4,170 5,602 (13,742 ) Total income tax expense (benefit) $ 4,887 $ 5,856 $ (13,543 ) A reconciliation of the tax provision (benefit) based on the statutory corporate rate of 35% during the years ended December 31, 2015 , 2014 and 2013 on pretax income is as follows: Year Ended December 31, 2015 2014 2013 (In thousands) Income tax expense at statutory rate $ 4,917 $ 5,790 $ 3,823 Income tax effect of: Tax exempt interest, net (38 ) (8 ) (21 ) Change in valuation allowance (112 ) 19 (17,329 ) Benefit of lower federal tax bracket (39 ) — — Other, net 159 55 (16 ) Total income tax expense (benefit) $ 4,887 $ 5,856 $ (13,543 ) The net deferred tax asset, included in the accompanying consolidated balance sheets, consisted of the following at the dates indicated: December 31, 2015 2014 2013 (In thousands) Deferred tax assets: Net operating loss carryforward $ — $ 3,052 $ 7,441 Charitable contributions 7 2 27 ALLL 3,257 3,599 4,454 Reserve for unfunded commitments 187 128 121 Deferred compensation 646 688 698 Net unrealized loss on investments available for sale — — 463 Alternative minimum tax credit carryforward 1,375 1,939 1,685 Employee benefit plans 1,051 1,535 1,701 Net capital loss on investments — 450 431 OREO market value adjustments 213 414 392 Accrued expenses 510 165 285 Deferred tax assets before valuation allowance 7,246 11,972 17,698 Valuation allowance — (450 ) (431 ) Total deferred tax assets 7,246 11,522 17,267 Deferred tax liabilities: FHLB stock dividends $ 1,255 $ 1,337 $ 1,337 Loan origination fees and costs 870 744 592 Net unrealized gain on investments available for sale 44 432 — Fixed assets 299 472 365 Other, net 222 199 138 Total deferred tax liabilities $ 2,690 $ 3,184 $ 2,432 Deferred tax assets, net $ 4,556 $ 8,338 $ 14,835 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. The Company utilized its remaining federal net operating loss carryforward during 2015 and a portion of the remaining capital loss carryforward. The unused capital loss carryforward expired on December 31, 2015. At this date, the Company had an alternative minimum tax credit carryforward totaling $1.4 million , with no expiration date. As a result of the bad debt deductions taken in years prior to 1988, retained earnings includes accumulated earnings of approximately $4.5 million , on which federal income taxes have not been provided. If, in the future, this portion of retained earnings is used for any purpose other than to absorb losses on loans or on property acquired through foreclosure, federal income taxes may be imposed at the then-prevailing corporate tax rates. The Bank does not contemplate that such amounts will be used for any purpose that would create a federal income tax liability; therefore no provision has been made. 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. In order to support a conclusion that a valuation allowance is not needed, management evaluates both positive and negative evidence under the "more likely than not" standard. The weight given to the potential effect of negative and positive evidence should be commensurate with the extent to which the strength of the evidence can be objectively verified. As of December 31, 2015, it was determined the full deferred tax asset would be realized in future periods and a valuation allowance would not be necessary.

Regulatory Capital Requirements

Regulatory Capital Requirements	12 Months Ended
	Dec. 31, 2015
Regulatory Capital Requirements [Abstract]
Regulatory Capital Requirements	Regulatory Capital Requirements Under Federal regulations, pre-conversion retained earnings are restricted for the protection of pre-conversion depositors. The Bank is subject to various regulatory capital requirements administered by the federal banking agencies. Failure to meet minimum capital requirements can initiate certain mandatory and, possibly, additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Bank’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of their assets, liabilities and certain off-balance sheet items as calculated under regulatory accounting practices. The capital amounts and classifications are also subject to qualitative judgments by the regulators about components, risk weightings and other factors. Prompt corrective action provisions are not applicable to bank holding companies. Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth in the table that follows) of total and Tier 1 capital to risk-weighted assets (as defined in the regulations) and of Tier 1 capital to average assets. As of December 31, 2015, according to the most recent notification from the FDIC, the Bank was categorized as well-capitalized under the regulatory framework for prompt corrective action. There are no conditions or events since the notification that management believes have changed the Bank's category. The Bank’s actual capital amounts and ratios at December 31, 2015, and 2014, are presented in the following table. To be Well Capitalized For Capital Adequacy Under Prompt Corrective Actual Purposes Action Provisions Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) December 31, 2015: Total risk-based capital Bank only $ 121,237 17.62 % $ 55,058 8.00 % $ 68,823 10.00 % Parent company 179,551 25.94 55,369 8.00 69,211 10.00 Tier 1 risk-based capital Bank only 112,613 16.36 41,294 6.00 55,058 8.00 Parent company 170,877 24.69 41,527 6.00 55,369 8.00 Common equity tier 1 capital Bank only 112,613 16.36 30,970 4.50 44,735 6.50 Parent company 170,877 24.69 31,145 4.50 44,987 6.50 Tier 1 leverage capital Bank only 112,613 11.61 38,787 4.00 48,484 5.00 Parent company 170,877 17.55 38,952 4.00 48,484 5.00 December 31, 2014: (1) Total risk-based capital Bank only $ 116,053 19.56 % $ 47,469 8.00 % $ 59,336 10.00 % Tier 1 risk-based capital Bank only 108,596 18.30 23,734 4.00 35,602 6.00 Tier 1 leverage capital Bank only 108,596 11.79 36,849 4.00 46,061 5.00 _____________ (1) As a small bank holding company, First Financial Northwest was not required to file regulatory ratios until the first quarter of 2016. Ratios were calculated voluntarily during 2015 in preparation of the filing requirement.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2015
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Financial Instruments with Off-Balance-Sheet Risk. In the normal course of business, the Company makes loan commitments, typically unfunded loans and unused lines of credit, to accommodate the financial needs of its customers. These arrangements have credit risk essentially the same as that involved in extending loans to customers and are subject to the Company's normal credit policies, including collateral requirements, where appropriate. Commitments to extend credit are agreements to lend to customers in accordance with predetermined contractual provisions. These commitments are for specific periods or, may contain termination clauses and may require the payment of a fee. The total amounts of unused commitments do not necessarily represent future credit exposure or cash requirements, in that commitments can expire without being drawn upon. Unfunded commitments to extend credit totaled $66.4 million and $43.9 million at December 31, 2015, and 2014, respectively. Lease Commitments. First Financial Northwest Bank has entered into lease commitments for branch space in Mill Creek, Washington and Edmonds, Washington. The following table sets forth, at December 31, 2015, the Bank's commitment for future lease payments under our operating leases: Years Ending December 31, Future Minimum Lease Payments 2016 $ 107,000 2017 133,000 2018 140,000 2019 147,000 2020 140,000 Thereafter 17,000 Total $ 684,000 Legal Proceedings . The Company and its subsidiaries are from time to time defendants in and are threatened with various legal proceedings arising from their regular business activities. Management, after consulting with legal counsel, is of the opinion that the ultimate liability, if any, resulting from these pending or threatened actions and proceedings will not have a material effect on the financial statements of the Company. Employment Contracts and Severance Agreements. The Company has change in control severance agreements with key officers that offer specified terms of salary coverage. In addition, the Company has employment contracts with certain executives that include specified terms of salary coverage as a result of involuntary termination due to change in control or other circumstances.

Parent Company Only Financial S

Parent Company Only Financial Statements	12 Months Ended
	Dec. 31, 2015
Parent Company Only Financial Statements [Abstract]
Parent Company Only Financial Statements	Parent Company Only Financial Statements Presented below are the condensed balance sheets, income statements and statements of cash flows for First Financial Northwest. FIRST FINANCIAL NORTHWEST, INC. Condensed Balance Sheets December 31, 2015 2014 (In thousands) Assets Cash and cash equivalents $ 27 $ 97 Interest-bearing deposits 50,311 64,374 Investment in subsidiaries 117,223 114,412 Receivable from subsidiaries 3,178 1,589 Deferred tax assets, net 23 1,124 Other assets 106 51 Total assets $ 170,868 $ 181,647 Liabilities and Stockholders' Equity Liabilities: Payable to subsidiaries $ 84 $ 116 Other liabilities 111 119 Total liabilities 195 235 Stockholders' equity 170,673 181,412 Total liabilities and stockholders' equity $ 170,868 $ 181,647 FIRST FINANCIAL NORTHWEST, INC. Condensed Income Statements Year Ended December 31, 2015 2014 2013 (In thousands) Operating income: Interest income: Interest-bearing deposits with banks $ 143 $ 26 $ 27 Other income 2 8 12 Total operating income 145 34 39 Operating expenses: Other expenses 1,440 1,475 1,756 Total operating expenses 1,440 1,475 1,756 Loss before provision for federal income taxes and equity in undistributed earnings of subsidiaries (1,295 ) (1,441 ) (1,717 ) Federal income tax benefit (601 ) (573 ) (619 ) Loss before equity in undistributed loss of subsidiaries (694 ) (868 ) (1,098 ) Equity in undistributed earnings of subsidiaries 9,854 11,555 25,563 Net income $ 9,160 $ 10,687 $ 24,465 FIRST FINANCIAL NORTHWEST, INC. Condensed Statements of Cash Flows Year Ended December 31, 2015 2014 2013 (In thousands) Cash flows from operating activities: Net income $ 9,160 $ 10,687 $ 24,465 Adjustments to reconcile net income to net cash from operating activities: Equity in undistributed earnings of subsidiaries (9,854 ) (11,555 ) (25,563 ) Dividends received from subsidiary 6,785 72,300 14,491 ESOP, stock options, and restricted stock compensation — 13 48 Change in deferred tax assets, net 1,101 (540 ) (584 ) Change in receivables from subsidiaries (1,608 ) 8 (12 ) Change in payables to subsidiaries (32 ) 50 66 Change in other assets (55 ) (16 ) 119 Changes in other liabilities (8 ) (130 ) (38 ) Net cash provided by operating activities 5,489 70,817 12,992 Cash flows from investing activities: Investments in subsidiaries — — 71 ESOP loan repayment 1,115 1,054 1,011 Net cash provided in investing activities 1,115 1,054 1,082 Cash flows from financing activities: Proceeds from exercise of stock options 935 3,611 3,023 Proceeds for vested awards 282 282 1,508 Repurchase and retirement of common stock (18,717 ) (17,566 ) (28,090 ) Dividends paid (3,237 ) (2,938 ) (1,895 ) Net cash used by financing activities (20,737 ) (16,611 ) (25,454 ) Net (decrease) increase in cash (14,133 ) 55,260 (11,380 ) Cash and cash equivalents at beginning of year 64,471 9,211 20,591 Cash and cash equivalents at end of year $ 50,338 $ 64,471 $ 9,211

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2015
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The following table presents a reconciliation of the components used to compute basic and diluted EPS for the periods indicated. Year Ended December 31, 2015 2014 2013 (Dollars in thousands, except share data) Net income $ 9,160 $ 10,687 $ 24,465 Earnings allocated to participating securities (31 ) (52 ) (150 ) Earnings allocated to common shareholders $ 9,129 $ 10,635 $ 24,315 Basic weighted-average common shares outstanding 13,528,393 14,747,086 16,580,882 Dilutive effect of stock options 136,670 116,624 28,985 Dilutive effect of restricted stock grants 20,919 23,488 — Diluted weighted-average common shares outstanding 13,685,982 14,887,198 16,609,867 Basic earnings per share $ 0.67 $ 0.72 $ 1.47 Diluted earnings per share $ 0.67 $ 0.71 $ 1.46 Potential dilutive shares are excluded from the computation of EPS if their effect is anti-dilutive. Options to purchase an additional 225,000 , 205,000 , and 1,311,433 were not included in the computation of diluted EPS at December 31, 2015 , 2014 , and 2013 , respectively, because the incremental shares under the treasury stock method of calculation resulted in them being antidilutive.

Summarized Consolidated Quarter

Summarized Consolidated Quarterly Financial Data (Unaudited)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Data [Abstract]
Summarized Consolidated Quarterly Financial Data (Unaudited)	Summarized Consolidated Quarterly Financial Data (Unaudited) The following table presents summarized consolidated quarterly data for each of the last three years. First Quarter Second Quarter Third Quarter Fourth Quarter (Dollars in thousands, except share data) 2015 Total interest income $ 9,154 $ 9,221 $ 9,358 $ 9,464 Total interest expense 1,632 1,653 1,694 1,772 Net interest income 7,522 7,568 7,664 7,692 Recapture of provision for loan losses (100 ) (500 ) (700 ) (900 ) Net interest income after recapture of provision for loan losses 7,622 8,068 8,364 8,592 Total noninterest income 91 357 447 384 Total noninterest expense 4,290 4,874 5,381 5,333 Income before provision for income taxes 3,423 3,551 3,430 3,643 Provision for federal income tax expense 1,194 1,183 984 1,526 Net income $ 2,229 $ 2,368 $ 2,446 $ 2,117 Basic earnings per share $ 0.16 $ 0.17 $ 0.18 $ 0.16 Diluted earnings per share $ 0.16 $ 0.17 $ 0.18 $ 0.16 2014 Total interest income $ 9,652 $ 9,695 $ 9,736 $ 9,606 Total interest expense 1,598 1,517 1,517 1,609 Net interest income 8,054 8,178 8,219 7,997 Recapture of provision for loan losses (500 ) (100 ) (300 ) (1,200 ) Net interest income after recapture of provision for loan losses 8,554 8,278 8,519 9,197 Total noninterest income 68 88 186 156 Total noninterest expense 4,524 4,702 4,508 4,769 Income before provision for income taxes 4,098 3,664 4,197 4,584 Provision for federal income tax expense 1,453 1,297 1,462 1,644 Net income $ 2,645 $ 2,367 $ 2,735 $ 2,940 Basic earnings per share $ 0.17 $ 0.16 $ 0.19 $ 0.20 Diluted earnings per share (1) $ 0.17 $ 0.16 $ 0.19 $ 0.20 2013 Total interest income $ 9,538 $ 9,684 $ 9,549 $ 9,768 Total interest expense 2,149 1,879 1,804 1,694 Net interest income 7,389 7,805 7,745 8,074 Provision (recapture of provision) for loan losses — 100 — (200 ) Net interest income after provision (recapture of provision) for loan losses 7,389 7,705 7,745 8,274 Total noninterest income 104 155 120 512 Total noninterest expense 5,878 5,306 5,388 4,510 Income before provision (benefit) for income taxes 1,615 2,554 2,477 4,276 Provision (benefit) for federal income taxes 59 (13,809 ) (135 ) 342 Net income $ 1,556 $ 16,363 $ 2,612 $ 3,934 Basic earnings per share (1) $ 0.09 $ 0.96 $ 0.16 $ 0.25 Diluted earnings per share (1) $ 0.09 $ 0.95 $ 0.16 $ 0.25 (1) Basic and diluted quarterly earnings per share may not equal total due to rounding.

Summary of Significant Accoun26

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2015
Accounting Policies [Abstract]
Basis of Presentation and Use of Estimates	Nature of Operations and Principles of Consolidation 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 Financial Northwest Bank (“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 Financial Northwest Bank. Accordingly, the information presented in the consolidated financial statements and related data, relates primarily to First Financial Northwest Bank. First Financial Northwest converted from a savings and loan holding company to a bank holding company in 2015 and is subject to regulation by the Board of Governors of the Federal Reserve Bank of San Francisco (“FRB”) as the successor to the Office of Thrift Supervision (“OTS”). First Financial Northwest Bank is regulated by the Federal Deposit Insurance Corporation (“FDIC”) and the Washington State Department of Financial Institutions (“DFI”). First Financial Northwest Bank was organized in 1923 as a Washington state-chartered savings and loan association, converted to a federal mutual savings and loan association in 1935, and converted to a Washington state-chartered mutual savings bank in 1992. In 2002, First Financial Northwest Bank reorganized into a two-tier mutual holding company structure, became a stock savings bank and became the wholly-owned subsidiary of First Financial of Renton, Inc. In connection with the mutual to stock conversion in 2007, the Bank changed its name to First Savings Bank Northwest. In August 2015, the Bank changed its name to First Financial Northwest Bank to support the expansion of focus to being more than a traditional "savings" bank and in February 4, 2016 changed its charter from a Washington chartered stock savings bank to a Washington chartered commercial bank. First Financial Northwest Bank is a community-based commercial bank primarily serving King and, to a lesser extent, Pierce, Snohomish and Kitsap Counties, Washington through a full-service banking office located in Renton, Washington and a branch office in Mill Creek, Washington. First Financial Northwest Bank's business consists of attracting deposits from the public and utilizing these deposits to originate one-to-four family residential, multifamily, commercial real estate, construction/land development, business and consumer loans. The accompanying consolidated financial statements include the accounts of First Financial Northwest and its wholly-owned subsidiaries First Financial Northwest Bank and First Financial Diversified Corporation (collectively, "the Company"). All significant intercompany balances and transactions between First Financial Northwest and its subsidiaries have been eliminated in consolidation. Basis of Presentation and Use of Estimates The accounting and reporting policies of First Financial Northwest and its subsidiaries conform to U.S. generally accepted accounting principles (“GAAP”). In preparing the consolidated financial statements, management makes estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the financial statements and the disclosures provided. Actual results could differ from these estimates. Material estimates particularly subject to change include the allowance for loan and lease losses (“ALLL”), other real estate owned (“OREO”), deferred tax assets and the fair values of financial instruments.
Subsequent Events	Subsequent Events The Company has evaluated events and transactions subsequent to December 31, 2015 for potential recognition or disclosure and determined there are no such events or transactions requiring recognition or disclosure.
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of reporting cash flows, cash and cash equivalents include cash on hand and in banks, interest-bearing deposits and federal funds sold all with maturities of three months or less. The Bank is required to maintain an average reserve balance with the FRB or maintain such reserve balance in the form of cash.
Investments	Investments Investments are classified into one of three categories: (1) held-to-maturity, (2) available-for-sale, or (3) trading. We had no held-to-maturity or trading securities at December 31, 2015, or 2014. Investments are categorized as held-to-maturity when we have the positive intent and ability to hold them to maturity. Investments are classified as available-for-sale if the Company intends to hold the securities for an indefinite period of time, but not necessarily to maturity. Investments available-for-sale are reported at fair value. Unrealized holding gains and losses on investments available-for-sale are excluded from earnings and are reported in other comprehensive income (loss), net of applicable taxes. Gains and losses on sales are recorded on the trade date and determined using the specific identification method. Amortization or accretion of purchase premiums and discounts are included in investment income using the level-yield method over the remaining period to contractual maturity. Dividend or interest income is recognized when it is earned. The estimated fair value of investments is based on quoted market prices for investments traded in active markets or dealer quotes. Mortgage-backed investments represent participation interest in pools of first mortgage loans originated and serviced by the issuers of the investments. 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. Management 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. For equity securities, the write-down is recorded as a realized loss in noninterest income in the Consolidated Income Statements. For debt securities, if management intends to sell the security or it is likely that management 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 management does not intend to sell the security and it is not likely that management will be required to sell the security but management 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.
Loans Receivable	Loans Receivable Loans are recorded at their outstanding principal balance adjusted for charge-offs, the ALLL and net deferred fees or costs. Interest on loans is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income using the level-yield method without anticipating prepayments. The accrual of interest on loans is discontinued at the time the loan is 90 days delinquent unless the loan is well secured and in the process of collection. Consumer and other loans are typically managed in the same manner. In all cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is doubtful. All interest accrued but not collected on loans that are placed on nonaccrual is reversed against interest income. Loans are returned to accrual status when all principal and interest amounts contractually due are brought current and future payments are reasonably assured. In order to return a nonaccrual loan to accrual status, each loan is evaluated on a case-by-case basis. We evaluate the borrower's financial condition to ensure that future loan payments are reasonably assured. We also take into consideration the borrower's willingness and ability to make the loan payments and historical repayment performance. We require the borrower to make the loan payments consistently for a period of at least six months as agreed to under the terms of any modified loan agreement before we will consider reclassifying the loan to accrual status.
Allowance for Loan and Lease Losses (ALLL)	Allowance for Loan and Lease Losses The allowance for loan and lease losses ("ALLL") is a valuation allowance for probable incurred credit losses. Losses are charged against the allowance when management believes the uncollectability of a loan balance is confirmed. Any subsequent recoveries are credited to the allowance. The ALLL is evaluated on a regular basis by management and is based upon management's periodic review of the collectability of the loans and factors such as the nature and volume of the loan portfolio, historical loss considerations, adverse situations that may affect the borrower's ability to repay, estimated value of any underlying collateral, and prevailing economic conditions. The evaluation is inherently subjective, as it requires estimates that are susceptible to significant revision as more information becomes available. While management uses available information to recognize losses on loans, future additions to the allowance may be necessary based on changes in economic conditions or changes to the credit quality of the loan portfolio. In addition, various regulatory agencies, as an integral part of their examination process, periodically review the Company's ALLL. Such agencies may require management to make adjustments to the allowance based on their judgments about information available to them at the time of their examination.
Impaired Loans
Loan Fees
Premises and Equipment	Premises and Equipment Premises and equipment are stated at cost less accumulated depreciation and amortization. Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the assets. The estimated useful lives used to compute depreciation and amortization is 15 to 40 years for buildings and building improvements, and is three to seven years for furniture, fixtures, and equipment. Leasehold improvements are amortized over the life of the lease. Management reviews buildings, improvements and equipment for impairment on an annual basis or whenever events or changes in the circumstances indicate that the undiscounted cash flows for the property are less than its carrying value. If identified, an impairment loss is recognized through a charge to earnings based on the fair value of the property.
Federal Home Loan Bank Stock	Federal Home Loan Bank Stock As a member of the Federal Home Loan Bank System, the Bank is required to maintain a minimum level of investment in the Federal Home Loan Bank of Des Moines (“FHLB”) stock, based on specified percentages of outstanding mortgages and the Bank's outstanding FHLB advances. Ownership of FHLB stock is restricted to the FHLB and member institutions.
Other Real Estate Owned	Other Real Estate Owned OREO consists principally of properties acquired through foreclosure and is stated at the lower of cost or estimated market value less selling costs. Losses arising from the acquisition of property, in full or partial satisfaction of loans, are charged to the ALLL. Subsequent to the transfer to foreclosed assets held for sale, these assets continue to be recorded at the lower of cost or fair value (less estimated costs to sell), based on periodic evaluations. Subsequent write-downs in value are charged to noninterest expense. Generally, legal and professional fees associated with foreclosures are expensed as incurred. Costs incurred to improve property prior to sale are capitalized; however, in no event are recorded costs allowed to exceed estimated fair value. Subsequent gains, losses, or expenses recognized on the sale of these properties are included in noninterest expense. The amounts that will ultimately be recovered from foreclosed assets may differ substantially from the carrying value of the assets because of future market factors beyond management's control.
Loan Commitments and Related Financial Instruments	Loan Commitments and Related Financial Instruments Financial instruments include off-balance sheet credit instruments, such as unused lines of credit and commercial letters of credit issued to meet customer financing needs. The face amount of these items represents the exposure to loss before considering customer collateral or ability to repay. Such financial instruments are recorded when they are funded.
Stock-Based Compensation	Stock-Based Compensation Compensation cost is recognized for stock options and restricted stock awards, based on the fair value of these awards at the grant date. A Black-Scholes model is utilized to estimate the fair value of stock options, while the market price of the Company's common stock at the grant date is used for restricted stock awards. Compensation cost is recognized over the required service period, generally defined as the vesting period. For awards with graded vesting, compensation cost is recognized on a straight-line basis over the requisite service period for the entire award.
Federal Income Taxes	Federal Income Taxes The Company files a consolidated Federal income tax return and records its provision for income taxes under the asset and liability method. Deferred taxes result from temporary differences in the recognition of certain income and expense amounts between the Company's financial statements and its tax return. The principal items giving rise to these differences include net operating losses, valuation adjustments on foreclosed properties, and allowance for credit losses. Deferred tax assets and liabilities are reflected at currently enacted income tax rates applicable to the period in which the deferred tax assets or liabilities are expected to be realized or settled. As changes in tax laws or rates are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes. Valuation allowances are established to reduce the net carrying amount of deferred tax assets if it is determined to be more likely than not that all or some portion of the potential deferred tax asset will not be realized. The Company's policy is to recognize interest and penalties associated with income tax matters in income tax expense.
Employee Stock Ownership Plan	Employee Stock Ownership Plan The cost of shares issued to the Employee Stock Ownership Plan ("ESOP"), but not yet allocated to participants, is shown as a reduction of stockholders' equity. Compensation expense is based on the market price of shares as they are committed to be released to participant accounts. Dividends on allocated ESOP shares reduce retained earnings; dividends on unearned ESOP shares reduce debt and accrued interest.
Earnings Per Share (EPS)	Earnings Per Share
Comprehensive Income	Comprehensive Income Comprehensive income consists of net income and unrealized gains and losses on investments available-for-sale which are also recognized as separate components of equity, net of tax.
Advertising Expenses	Advertising Expenses Advertising costs are generally expensed as incurred.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully disclosed in a separate note. Fair value estimates involve uncertainties and matters of significant judgment regarding interest rates, credit risk, prepayments and other factors, especially in the absence of broad markets for particular items. Changes in assumptions or in market conditions could significantly affect the estimates.
Segment Information	Segment Information 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 providing lending services. Substantially all income is derived from a diverse base of investments and commercial, construction, mortgage, and consumer lending activities.
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In September 2015, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") 2015-16, Business Combinations (Topic 805). ASU No. 2015-16 simplifies the accounting for measurement period adjustments. The amendments require that an acquirer recognize adjustments to provisional amounts that are identified during the measurement period in the reporting period when the adjustment amounts are determined. The acquirer is required to record in the same period's financial statements the effect on earnings from changes in depreciation, amortization, or other income effects resulting from the change to provisional amounts, calculated as if the accounting had been completed at the acquisition date. The acquirer must present separately on the income statement, or disclose in the notes, the amount recorded in current-period earnings that would have been recorded in previous reporting periods if the provisional amount had been recognized at the acquisition date. For public business entities, the amendments are effective for fiscal years beginning after December 15, 2015, including interim periods within those fiscal years. The adoption of ASU No. 2015-16 is not expected to have a material impact on the Company's consolidated financial statements. In November 2015, the FASB issued ASU No. 2015-17, Income Taxes, Balance Sheet Classification of Deferred Taxes. ASU 2015-17 simplifies the presentation of deferred income taxes by requiring deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position. Prior to this amendment, entities were required to separate deferred income tax liabilities and assets into current and noncurrent amounts in a classified statement of financial position based on the classification of the related asset or liability for financial reporting, or by the expected reversal date of the temporary difference. The ASU is effective for financial statements issued for annual periods beginning after December 15, 2016, and interim periods within those annual periods. The adoption of ASU 2015-17 is not expected to have a material impact on the Company's consolidated financial statements. In January 2016, FASB issued ASU No. 2016-01, Financial Instruments--Overall, Recognition and Measurement of Financial Assets and Financial Liabilities. ASU 2016-01 requires equity investments (except those accounted for under the equity method of accounting) to be measured at fair value with changes in fair value recognized in net income. The amendments in this update also require an entity to present separately in other comprehensive income the portion of the total change in the fair value of a liability resulting from a change in instrument-specific credit risk. In addition, the ASU eliminates the requirement to disclose the method(s) and significant assumptions used to estimate the fair value that is required to be disclosed for financial instruments measured at amortized cost on the balance sheet. The ASU also clarifies that an entity should evaluate the need for a valuation allowance on a deferred tax asset related to available-for-sale securities in combination with the entity's other deferred tax assets. The amendments in this update are effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Early application is permitted for fiscal years or interim periods that have not yet been issued if adopted at the beginning of the fiscal year. The adoption of ASU 2016-01 is not expected to have a material impact on the Company's consolidated financial statements.

Investments (Tables)

Investments (Tables)	12 Months Ended
	Dec. 31, 2015
Investments [Abstract]
Available-for-sale Securities	The following tables summarize the amortized cost and fair value of investments available-for-sale at December 31, 2015, and 2014, and the corresponding amounts of gross unrealized gains and losses. December 31, 2015 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 50,288 $ 260 $ (227 ) $ 50,321 Freddie Mac 26,011 243 (117 ) 26,137 Ginnie Mae 13,802 44 (114 ) 13,732 Municipal bonds 11,787 277 — 12,064 U.S. Government agencies 13,541 89 (88 ) 13,542 Corporate bonds 14,010 4 (245 ) 13,769 $ 129,439 $ 917 $ (791 ) $ 129,565 December 31, 2014 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses 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 $ 119,140 $ 1,621 $ (387 ) $ 120,374
Schedule of Available for sale Securities, Debt Maturities	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. December 31, 2015 Amortized Cost Fair Value (In thousands) Due within one year $ — $ — Due after one year through five years 9,845 9,802 Due after five years through ten years 16,349 16,222 Due after ten years 13,144 13,351 39,338 39,375 Mortgage-backed investments 90,101 90,190 $ 129,439 $ 129,565
Gain (Loss) on Investments	Sales of available-for-sale investments were as follows: Year Ended December 31, 2015 2014 2013 (In thousands) Proceeds $ 27,327 $ 4,980 $ 45,137 Gross gains 449 — 11 Gross losses (357 ) (20 ) (49 )
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 December 31, 2015 and 2014. December 31, 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 $ 37,593 $ (227 ) $ — $ — $ 37,593 $ (227 ) Freddie Mac 12,115 (117 ) — — 12,115 (117 ) Ginnie Mae 5,508 (29 ) 3,233 (85 ) 8,741 (114 ) Municipal bonds — — — — — — U.S. Government agencies 9,605 (88 ) — — 9,605 (88 ) Corporate bonds 10,263 (245 ) — — 10,263 (245 ) $ 75,084 $ (706 ) $ 3,233 $ (85 ) $ 78,317 $ (791 ) 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 ) Municipal bonds — — — — — — U.S. Government agencies 545 — 8,096 (151 ) 8,641 (151 ) Corporate bonds 1,496 (4 ) 5,942 (58 ) 7,438 (62 ) $ 3,924 $ (10 ) $ 27,278 $ (377 ) $ 31,202 $ (387 )

Loans Receivable_ Schedule of A

Loans Receivable: Schedule of Accounts, Notes, Loans and Financing Receivable (Tables)	12 Months Ended
	Dec. 31, 2015
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	Loans receivable at December 31, 2015, and 2014 are summarized as follows: December 31, 2015 2014 (In thousands) One-to-four family residential: Permanent owner occupied $ 147,229 $ 161,013 Permanent non-owner occupied 106,543 112,180 Construction non-owner occupied — 500 253,772 273,693 Multifamily: Permanent 122,747 116,014 Construction 21,115 4,450 143,862 120,464 Commercial real estate: Permanent 244,211 239,211 Construction — 6,100 Land 8,290 2,956 252,501 248,267 Construction/land development: (1) One-to-four family residential 52,233 19,860 Multifamily 25,551 17,902 Commercial — 4,300 Land development 8,768 8,993 86,552 51,055 Business 7,604 3,783 Consumer 6,979 7,130 Total loans 751,270 704,392 Less: Loans in process ("LIP") 53,854 27,359 Deferred loan fees, net 2,881 2,604 ALLL 9,463 10,491 Loans receivable, net $ 685,072 $ 663,938 ___________ (1) 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 December 31, 2015, the Company had $21.1 million , or 14.7% of the total multifamily loans, and no commercial or one-to-four family residential loans in these "rollover" type of loans. At December 31, 2014, the Company had $6.1 million , or 2.5% of the total commercial real estate portfolio, $4.5 million , or 3.7% of the total multifamily loans and $500,000, or 0.2% of the total one-to-four family residential loans in these rollover type of loans. At December 31, 2015 and December 31, 2014 , $8.3 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 when it does not intend to finance the construction as commercial real estate land loans. Accrued interest receivable consisted of the following at December 31, 2015 and 2014: December 31, 2015 2014 (In thousands) Loans receivable $ 2,467 $ 2,879 Investments 493 382 Interest-earning deposits 8 4 $ 2,968 $ 3,265
Financing Receivables, Summary of Loans By Maturity and Interest Rate Type	The Company originates both adjustable and fixed interest rate loans. The composition of loans receivable at December 31, 2015, and 2014, was as follows: December 31, 2015 Fixed Rate Adjustable Rate Term to Maturity Principal Balance Term to Rate Adjustment Principal Balance (In thousands) Due within one year $ 17,476 Due within one year $ 122,992 After one year through three years 107,792 After one year through three years 28,316 After three years through five years 91,283 After three years through five years 90,779 After five years through ten years 99,348 After five years through ten years 41,239 Thereafter 151,879 Thereafter 166 $ 467,778 $ 283,492 December 31, 2014 Fixed Rate Adjustable Rate Term to Maturity Principal Balance Term to Rate Adjustment Principal Balance (In thousands) Due within one year $ 39,649 Due within one year $ 98,830 After one year through three years 70,416 After one year through three years 27,314 After three years through five years 128,142 After three years through five years 32,842 After five years through ten years 117,199 After five years through ten years 59,682 Thereafter 129,560 Thereafter 758 $ 484,966 $ 219,426
Schedule of Allowance for Loan and Lease Losses, Roll Forward	The following tables summarize changes in the ALLL and loan portfolio by type of loan and reserve method for the periods indicated. At or For the Year Ended December 31, 2015 One-to-Four Family Residential Multifamily Commercial Real Estate Construction/ Land Development Business Consumer Total ALLL: (In thousands) Beginning balance $ 3,694 $ 1,646 $ 4,597 $ 355 $ 47 $ 152 $ 10,491 Charge-offs (27 ) (281 ) — — — (54 ) (362 ) Recoveries 936 78 181 — 3 336 1,534 (Recapture) provision (1,575 ) (145 ) (1,236 ) 586 179 (9 ) (2,200 ) Ending balance $ 3,028 $ 1,298 $ 3,542 $ 941 $ 229 $ 425 $ 9,463 General reserve $ 2,516 $ 1,295 $ 3,364 $ 941 $ 229 $ 386 $ 8,731 Specific reserve 512 3 178 — — 39 732 Loans: (1) Total Loans $ 253,772 $ 133,388 $ 252,501 $ 43,172 $ 7,604 $ 6,979 $ 697,416 General reserve (2) 217,677 131,793 247,110 43,172 7,604 6,771 654,127 Specific reserve (3) 36,095 1,595 5,391 — — 208 43,289 ____________ (1) Net of LIP. (2) Loans collectively evaluated for impairment. (3) Loans individually evaluated for impairment. At or For the Year Ended December 31, 2014 One-to-Four Family Residential Multifamily Commercial Real Estate Construction/ Land Development Business Consumer Total ALLL: (In thousands) Beginning balance $ 5,141 $ 1,377 $ 5,881 $ 399 $ 14 $ 182 $ 12,994 Charge-offs (78 ) — (311 ) (223 ) — (30 ) (642 ) Recoveries 50 — 174 — 10 5 239 (Recapture) provision (1,419 ) 269 (1,147 ) 179 23 (5 ) (2,100 ) Ending balance $ 3,694 $ 1,646 $ 4,597 $ 355 $ 47 $ 152 $ 10,491 General reserve $ 2,894 $ 1,619 $ 4,268 $ 355 $ 47 $ 93 $ 9,276 Specific reserve 800 27 329 — — 59 1,215 Loans: (1) Total Loans $ 273,565 $ 120,271 $ 247,968 $ 24,316 $ 3,783 $ 7,130 $ 677,033 General reserve (2) 229,827 118,099 238,416 24,316 3,783 6,933 621,374 Specific reserve (3) 43,738 2,172 9,552 — — 197 55,659 _____________ (1) Net of LIP. (2) Loans collectively evaluated for impairment. (3) Loans individually evaluated for impairment.
Financing Receivables, Aging of loans	The following tables represent a summary at December 31, 2015, and 2014, of the aging of loans by type: Loans Past Due as of December 31, 2015 30-59 Days 60-89 Days 90 Days and Greater Total Current Total Loans (1) (2) (In thousands) Real estate: One-to-four family residential: Owner occupied $ 678 $ 483 $ — $ 1,161 $ 146,068 $ 147,229 Non-owner occupied — — — — 106,543 106,543 Multifamily — — — — 133,388 133,388 Commercial real estate — — — — 252,501 252,501 Construction/land development — — — — 43,172 43,172 Total real estate 678 483 — 1,161 681,672 682,833 Business — — — — 7,604 7,604 Consumer — 78 19 97 6,882 6,979 Total $ 678 $ 561 $ 19 $ 1,258 $ 696,158 $ 697,416 _________________________ (1) There were no loans 90 days past due and still accruing interest at December 31, 2015. (2) Net of LIP. Loans Past Due as of December 31, 2014 30-59 Days 60-89 Days 90 Days and Greater Total Current Total Loans (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 $ 2,631 $ 975 $ 841 $ 4,447 $ 672,586 $ 677,033 ________________________ (1) There were no loans 90 days 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 at December 31, 2015, and 2014 by type of loan December 31, 2015 2014 (In thousands) One-to-four family residential $ 996 $ 830 Commercial real estate — 434 Consumer 89 75 Total nonaccrual loans $ 1,085 $ 1,339
Financing Receivables, Summary of loans by type and payment activity	The following tables summarize the loan portfolio at December 31, 2015, and 2014, by type and payment activity: December 31, 2015 One-to-Four Family Residential Multifamily Commercial Real Estate Construction / Land Development Business Consumer Total (3) (In thousands) Performing (1) $ 252,776 $ 133,388 $ 252,501 $ 43,172 $ 7,604 $ 6,890 $ 696,331 Nonperforming (2) 996 — — — — 89 1,085 Total $ 253,772 $ 133,388 $ 252,501 $ 43,172 $ 7,604 $ 6,979 $ 697,416 ____________ (1) There were $ 146.2 million of owner-occupied one-to-four family residential loans and $ 106.5 million of non-owner occupied one-to-four family residential loans classified as performing. (2) There were $ 996,000 of owner-occupied one-to-four family residential loans and no non-owner occupied one-to-four family residential loans classified as nonperforming. (3) Net of LIP. December 31, 2014 One-to-Four Family Residential Multifamily Commercial Real Estate Construction/ Land Development Business Consumer Total (3) (In thousands) Performing (1) $ 272,735 $ 120,271 $ 247,534 $ 24,316 $ 3,783 $ 7,055 $ 675,694 Nonperforming (2) 830 — 434 — — 75 1,339 Total $ 273,565 $ 120,271 $ 247,968 $ 24,316 $ 3,783 $ 7,130 $ 677,033 _____________ (1) 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. (2) 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. (3) Net of LIP.
Schedule of Impaired Financing Receivables, Average Recorded Investment and Interest Income	The following tables present a summary of loans individually evaluated for impairment at December 31, 2015, and 2014, by the type of loan: At or For the Year Ended December 31, 2015 Recorded Investment (1) Unpaid Principal Balance (2) Related Allowance (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 3,169 $ 3,441 $ — Non-owner occupied 23,285 23,310 — Multifamily 415 414 — Commercial real estate 2,675 2,857 — Consumer 132 183 — Total 29,676 30,205 — Loans with an allowance: One-to-four family residential: Owner occupied 2,120 2,189 85 Non-owner occupied 7,521 7,573 427 Multifamily 1,180 1,180 3 Commercial real estate 2,716 2,717 178 Consumer 76 76 39 Total 13,613 13,735 732 Total impaired loans: One-to-four family residential: Owner occupied 5,289 5,630 85 Non-owner occupied 30,806 30,883 427 Multifamily 1,595 1,594 3 Commercial real estate 5,391 5,574 178 Consumer 208 259 39 Total $ 43,289 $ 43,940 $ 732 _________________ (1) Represents the loan balance less charge-offs. (2) Contractual loan principal balance. At or For the Year Ended 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 table presents a summary of recorded investment in impaired loans, and interest income recognized on impaired loans at December 31, 2015, 2014 and 2013 by the type of loan: Year Ended December 31, 2015 2014 2013 Average Recorded Investment Interest Income Recognized 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 $ 3,180 $ 110 $ 3,302 $ 158 $ 4,773 $ 146 Non-owner occupied 25,350 1,409 29,105 1,762 29,277 1,697 Multifamily 1,575 30 113 — 1,143 — Commercial real estate 4,180 187 3,971 291 7,065 344 Construction/land development — — — — 3,417 — Consumer 125 2 81 4 539 — Total 34,410 1,738 36,572 2,215 46,214 2,187 Loans with an allowance: One-to-four family residential: Owner occupied 2,131 89 2,975 124 4,249 169 Non-owner occupied 7,801 415 10,395 500 14,545 623 Multifamily 1,430 77 2,187 147 1,414 138 Commercial real estate 3,312 147 6,532 267 7,817 356 Consumer 77 3 20 3 — — Total 14,751 731 22,109 1,041 28,025 1,286 Total impaired loans: One-to-four family residential: Owner occupied 5,311 199 6,277 282 9,022 315 Non-owner occupied 33,151 1,824 39,500 2,262 43,822 2,320 Multifamily 3,005 107 2,300 147 2,557 138 Commercial real estate 7,492 334 10,503 558 14,882 700 Construction/land development — — — — 3,417 — Consumer 202 5 101 7 539 — Total $ 49,161 $ 2,469 $ 58,681 $ 3,256 $ 74,239 $ 3,473
Schedule of Non-performing assets and troubled debt restructured loans	The following is a summary of information pertaining to TDRs: December 31, 2015 2014 (In thousands) Performing TDRs $ 42,128 $ 54,241 Nonaccrual TDRs 131 — Total TDRs $ 42,259 $ 54,241
Troubled Debt Restructurings on Financing Receivables	The following table presents for the periods indicated TDRs and their recorded investment prior to the modification and after the modification: Year Ended December 31, 2015 2014 Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment (Dollars in thousands) TDRs that occurred during the period: One-to-four family residential: Interest only payments with interest rate concession 6 $ 1,439 $ 1,439 12 $ 2,522 $ 2,522 Principal and interest with interest rate concession 2 426 426 6 1,174 1,174 Advancement of maturity date 2 248 248 9 1,722 1,722 Commercial real estate: Principal and interest with interest rate concession 1 775 775 — — — Advancement of maturity date 2 866 866 — — — Interest-only payments with interest rate concession 1 496 496 2 3,470 3,470 Interest-only payments with advancement of maturity date 1 2,004 2,004 — — — Total 15 $ 6,254 $ 6,254 29 $ 8,888 $ 8,888
Trouble Debt Restructurings on Financing Receivables, TDRs that subsequently defaulted	For the year ended December 31, 2015 and 2014, there were no payment defaults on loans modified as TDRs within the previous 12 months.
Financing Receivables, Summary of loans by type and risk category	The following tables represent a summary of loans at December 31, 2015, and 2014 by type and risk category: December 31, 2015 One-to-Four Family Residential Multifamily Commercial Real Estate Construction/ Land Development Business Consumer Total (1) (In thousands) Risk Rating: Pass $ 247,239 $ 133,388 $ 248,196 $ 43,172 $ 7,604 $ 6,702 $ 686,301 Special mention 3,840 — 3,809 — — 188 7,837 Substandard 2,693 — 496 — — 89 3,278 Total $ 253,772 $ 133,388 $ 252,501 $ 43,172 $ 7,604 $ 6,979 $ 697,416 _____________ (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 $ 273,565 $ 120,271 $ 247,968 $ 24,316 $ 3,783 $ 7,130 $ 677,033 ______________ (1) Net of LIP.
Schedule of Loans to Related Parties	Certain executive officers and directors have loans with the Bank. The aggregate dollar amount of these loans outstanding to related parties is summarized as follows: Year Ended December 31, 2015 2014 2013 (In thousands) Balance at beginning of year $ 138 $ 548 $ 498 Additions — — 353 Repayments (20 ) (410 ) (303 ) Balance at end of year $ 118 $ 138 $ 548

Other Real Estate Owned (Tables

Other Real Estate Owned (Tables)	12 Months Ended
	Dec. 31, 2015
Other Real Estate [Abstract]
Other Real Estate, Roll Forward	The following table is a summary of OREO activity for the periods indicated: Year Ended December 31, 2015 2014 2013 (In thousands) Balance at beginning of year $ 9,283 $ 11,465 $ 17,347 Loans transferred to OREO 141 1,823 6,485 Capitalized (reimbursed) improvements — 120 75 Gross proceeds from sale of OREO (6,246 ) (3,646 ) (13,151 ) Gain (loss) on sale of OREO 526 (86 ) 1,112 Market value adjustments (41 ) (393 ) (403 ) Balance at end of year $ 3,663 $ 9,283 $ 11,465

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2015
Property, Plant and Equipment [Abstract]
Premises and Equipment	Premises and equipment consisted of the following at December 31, 2015, and 2014: December 31, 2015 2014 (In thousands) Land $ 1,914 $ 1,914 Buildings and improvements 17,820 17,820 Leasehold improvements 391 — Furniture, fixtures and equipment 3,638 3,399 Computer hardware and software 1,883 969 Construction in process 235 7 25,881 24,109 Less accumulated depreciation and amortization (8,174 ) (7,375 ) Total premises and equipment, net $ 17,707 $ 16,734

Fair Value (Tables)

Fair Value (Tables)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2012
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The tables below present the balances of assets and liabilities measured at fair value on a recurring basis (there were no transfers between Level 1, Level 2 and Level 3 recurring measurements during the periods presented): December 31, 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) Available-for-sale investments: Mortgage-backed investments: Fannie Mae $ 50,321 $ — $ 50,321 $ — Freddie Mac 26,137 — 26,137 — Ginnie Mae 13,732 — 13,732 — Municipal bonds 12,064 — 12,064 — U.S. Government agencies 13,542 — 13,542 — Corporate bonds 13,769 — 13,769 — $ 129,565 $ — $ 129,565 $ — 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) Available-for-sale investments: 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 — $ 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 and liabilities measured at fair value on a nonrecurring basis at December 31, 2015, and 2014. December 31, 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) Impaired loans (included in loans receivable, net) (1) $ 42,557 $ — $ — $ 42,557 OREO 3,663 — — 3,663 Total $ 46,220 $ — $ — $ 46,220 _______________ (1) Total value of impaired loans is net of $ 732,000 of specific reserves on performing TDRs. 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) Impaired loans (included in loans receivable, net) (1) $ 54,444 $ — $ — $ 54,444 OREO (2) 9,283 — — 9,283 Total $ 63,727 $ — $ — $ 63,727 ________________ (1) Total 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. December 31, 2015 Fair Value Valuation Technique(s) Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 42,557 Market approach Appraised value discounted by market or borrower conditions 0.0% - 2.1% (0.3%) OREO $ 3,663 Market approach Appraised value less selling costs 0.0% -13.6% (1.0%) December 31, 2014 Fair Value Valuation Technique(s) Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 54,365 Market approach Appraised value discounted by market or borrower conditions 0.0% - 45.8% (2.2%) OREO $ 9,283 Market approach Appraised value less selling costs 0.0% - 19.4% (3.3%)
Fair Value, by Balance Sheet Grouping		The carrying amounts and estimated fair values of financial instruments at December 31, 2015, and 2014, were as follows: December 31, 2015 Fair Value Measurements Using: Carrying Value Estimated Fair Value Level 1 Level 2 Level 3 (In thousands) Financial Assets: Cash on hand and in banks $ 5,713 $ 5,713 $ 5,713 $ — $ — Interest-earning deposits 99,998 99,998 99,998 — — Investments available-for-sale 129,565 129,565 — 129,565 — Loans receivable, net 685,072 693,480 — — 693,480 FHLB stock 6,137 6,137 — 6,137 — Accrued interest receivable 2,968 2,968 — 2,968 — Financial Liabilities: Deposits 285,416 285,416 285,416 — — Certificates of deposit, retail 323,840 324,135 — 324,135 — Certificates of deposit, brokered 66,151 66,947 — 66,947 — Advances from the FHLB 125,500 125,466 — 125,466 — Accrued interest payable 135 135 — 135 — December 31, 2014 Fair Value Measurements Using: Carrying Value Estimated 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 —

Accrued Interest Receivable (Ta

Accrued Interest Receivable (Tables)	12 Months Ended
	Dec. 31, 2015
Accrued Interest Receivable [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	Loans receivable at December 31, 2015, and 2014 are summarized as follows: December 31, 2015 2014 (In thousands) One-to-four family residential: Permanent owner occupied $ 147,229 $ 161,013 Permanent non-owner occupied 106,543 112,180 Construction non-owner occupied — 500 253,772 273,693 Multifamily: Permanent 122,747 116,014 Construction 21,115 4,450 143,862 120,464 Commercial real estate: Permanent 244,211 239,211 Construction — 6,100 Land 8,290 2,956 252,501 248,267 Construction/land development: (1) One-to-four family residential 52,233 19,860 Multifamily 25,551 17,902 Commercial — 4,300 Land development 8,768 8,993 86,552 51,055 Business 7,604 3,783 Consumer 6,979 7,130 Total loans 751,270 704,392 Less: Loans in process ("LIP") 53,854 27,359 Deferred loan fees, net 2,881 2,604 ALLL 9,463 10,491 Loans receivable, net $ 685,072 $ 663,938 ___________ (1) 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 December 31, 2015, the Company had $21.1 million , or 14.7% of the total multifamily loans, and no commercial or one-to-four family residential loans in these "rollover" type of loans. At December 31, 2014, the Company had $6.1 million , or 2.5% of the total commercial real estate portfolio, $4.5 million , or 3.7% of the total multifamily loans and $500,000, or 0.2% of the total one-to-four family residential loans in these rollover type of loans. At December 31, 2015 and December 31, 2014 , $8.3 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 when it does not intend to finance the construction as commercial real estate land loans. Accrued interest receivable consisted of the following at December 31, 2015 and 2014: December 31, 2015 2014 (In thousands) Loans receivable $ 2,467 $ 2,879 Investments 493 382 Interest-earning deposits 8 4 $ 2,968 $ 3,265

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2015
Deposits [Abstract]
Schedule of Deposit Liabilities	Deposit accounts consisted of the following at December 31, 2015, and 2014: December 31, 2015 2014 (In thousands) Noninterest-bearing $ 29,392 $ 14,354 NOW 16,261 20,752 Statement savings 28,327 23,901 Money market 211,436 142,532 Certificates of deposit, retail 323,840 358,159 Certificates of deposit, brokered 66,151 54,429 $ 675,407 $ 614,127
Maturities of Certificates of Deposit	At December 31, 2015 , scheduled maturities of certificates of deposit were as follows: December 31, Amount (In thousands) 2016 $ 134,663 2017 88,147 2018 66,726 2019 82,203 2020 12,174 thereafter 6,078 $ 389,991
Schedule of Interest Expense on Deposits	Interest expense on deposits for the periods indicated was as follows: Year Ended December 31, 2015 2014 2013 (In thousands) NOW $ 18 $ 23 $ 30 Statement savings 40 30 31 Money market 603 311 291 Certificates of deposit, retail 3,574 4,388 6,442 Certificates of deposit, brokered 1,243 311 — $ 5,478 $ 5,063 $ 6,794

Other Borrowings (Tables)

Other Borrowings (Tables)	12 Months Ended
	Dec. 31, 2015
Other Borrowings [Abstract]
Schedule of Federal Home Loan Bank Advances	Outstanding advances consisted of the following at December 31, 2015, and 2014: December 31, 2015 Maturity Date Principal Balance Fixed Interest Rate (Dollars in thousands) 03/2016 $ 34,000 0.81 05/2016 20,000 0.70 10/2016 10,000 1.02 11/2016 20,000 0.84 04/2017 20,000 0.87 06/2018 6,500 1.52 11/2018 5,000 1.76 05/2019 10,000 1.70 $ 125,500

Benefit Plans (Tables)

Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2015
Multiemployer Plans [Line Items]
Schedule of Employee Stock Ownership Plan (ESOP) Disclosures	A summary of key transactions for the ESOP for the periods indicated follows: Year Ended December 31, 2015 2014 2013 (In thousands) ESOP contribution expense $ 1,400 $ 1,216 $ 1,087 Dividends on unallocated ESOP shares used to reduce ESOP contribution 210 197 132 Shares held by the ESOP at December 31, 2015, and 2014, are as follows: December 31, 2015 2014 (Dollars in thousands, except share data) Allocated shares 931,040 818,187 Unallocated shares 761,760 874,613 Total ESOP shares 1,692,800 1,692,800 Fair value of unallocated shares $ 10,634 $ 10,530
Schedule of Share-based Payment Award, Stock Options, Valuation Assumptions	The fair value of options granted was determined using the following weighted-average assumptions as of the grant date for the periods indicated. Year Ended December 31, 2015 2014 2013 Annual dividend yield 1.77 % 1.86 % 1.35 % Expected volatility 35.30 37.27 34.05 Risk-free interest rate 2.23 2.44 2.18 Expected term 10.0 years 10.0 years 8.1 years Weighted-average grant date fair value per option granted $ 4.74 $ 4.13 $ 3.70
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award	A summary of the Company’s stock option plan awards activity for the year ended December 31, 2015 follows: Shares Weighted- Average Exercise Price Weighted- Average Remaining Contractual Term in Years Aggregate Intrinsic Value Outstanding at December 31, 2014 929,260 $ 9.51 — $ — Granted 80,000 12.98 — — Exercised (125,000 ) 7.48 — — Outstanding at December 31, 2015 884,260 10.11 4.93 3,403,707 Expected to vest assuming a 3% forfeiture rate over the vesting term 876,400 10.10 4.90 3,380,786 Exercisable at December 31, 2015 622,260 9.72 3.46 2,639,687
Schedule of Nonvested Restricted Stock Units Activity	A summary of changes in nonvested restricted stock awards for the period ended December 31, 2015 , follows: Nonvested Shares Shares Weighted-Average Grant Date Fair Value Nonvested at December 31, 2012 244,847 $ 8.95 Granted 25,000 10.88 Vested (156,047 ) 9.72 Forfeited (10,400 ) 9.12 Nonvested at December 31, 2013 103,400 8.24 Vested (27,800 ) 7.64 Nonvested at December 31, 2014 75,600 8.47 Vested (27,800 ) 7.64 Nonvested at December 31, 2015 47,800 8.95 Expected to vest assuming a 3% forfeiture rate over the vesting term 46,366
Multiemployer Plans, Pension
Multiemployer Plans [Line Items]
Schedule of Funded Status	The table below presents the funded status (market value of plan assets divided by funding target) of the plan as of July1: 2015 2014 Source Valuation Report Valuation Report First Financial Northwest's Plan (1) 102.8 % 105.3 % _________________ (1) Market value of plan assets reflects any contributions received through June 30, 2015, or 2014, respectively.
Schedule of Net Benefit Costs	Total contributions during the years ended December 31, 2015, 2014, and 2013 were: 2015 2014 2013 Date Paid Amount Date Paid Amount Date Paid Amount 11/2015 $ 540,000 9/25/2014 $ 8,735 9/18/2013 $ 26,328 11/28/2014 539,932 12/5/2013 43,979 12/20/2013 159,080 Total $ 540,000 Total $ 548,667 Total $ 229,387

Federal Income Taxes (Tables)

Federal Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2015
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit)	The components of income tax expense (benefit) for the periods indicated are as follows: Year Ended December 31, 2015 2014 2013 (In thousands) Current $ 717 $ 254 $ 199 Deferred 4,170 5,602 (13,742 ) Total income tax expense (benefit) $ 4,887 $ 5,856 $ (13,543 )
Schedule of Effective Income Tax Rate Reconciliation	A reconciliation of the tax provision (benefit) based on the statutory corporate rate of 35% during the years ended December 31, 2015 , 2014 and 2013 on pretax income is as follows: Year Ended December 31, 2015 2014 2013 (In thousands) Income tax expense at statutory rate $ 4,917 $ 5,790 $ 3,823 Income tax effect of: Tax exempt interest, net (38 ) (8 ) (21 ) Change in valuation allowance (112 ) 19 (17,329 ) Benefit of lower federal tax bracket (39 ) — — Other, net 159 55 (16 ) Total income tax expense (benefit) $ 4,887 $ 5,856 $ (13,543 )
Schedule of Deferred Tax Assets and Liabilities	The net deferred tax asset, included in the accompanying consolidated balance sheets, consisted of the following at the dates indicated: December 31, 2015 2014 2013 (In thousands) Deferred tax assets: Net operating loss carryforward $ — $ 3,052 $ 7,441 Charitable contributions 7 2 27 ALLL 3,257 3,599 4,454 Reserve for unfunded commitments 187 128 121 Deferred compensation 646 688 698 Net unrealized loss on investments available for sale — — 463 Alternative minimum tax credit carryforward 1,375 1,939 1,685 Employee benefit plans 1,051 1,535 1,701 Net capital loss on investments — 450 431 OREO market value adjustments 213 414 392 Accrued expenses 510 165 285 Deferred tax assets before valuation allowance 7,246 11,972 17,698 Valuation allowance — (450 ) (431 ) Total deferred tax assets 7,246 11,522 17,267 Deferred tax liabilities: FHLB stock dividends $ 1,255 $ 1,337 $ 1,337 Loan origination fees and costs 870 744 592 Net unrealized gain on investments available for sale 44 432 — Fixed assets 299 472 365 Other, net 222 199 138 Total deferred tax liabilities $ 2,690 $ 3,184 $ 2,432 Deferred tax assets, net $ 4,556 $ 8,338 $ 14,835

Regulatory Capital Requiremen37

Regulatory Capital Requirements (Tables)	12 Months Ended
	Dec. 31, 2015
Regulatory Capital Requirements [Abstract]
Schedule of Capital Amounts and Ratios	The Bank’s actual capital amounts and ratios at December 31, 2015, and 2014, are presented in the following table. To be Well Capitalized For Capital Adequacy Under Prompt Corrective Actual Purposes Action Provisions Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) December 31, 2015: Total risk-based capital Bank only $ 121,237 17.62 % $ 55,058 8.00 % $ 68,823 10.00 % Parent company 179,551 25.94 55,369 8.00 69,211 10.00 Tier 1 risk-based capital Bank only 112,613 16.36 41,294 6.00 55,058 8.00 Parent company 170,877 24.69 41,527 6.00 55,369 8.00 Common equity tier 1 capital Bank only 112,613 16.36 30,970 4.50 44,735 6.50 Parent company 170,877 24.69 31,145 4.50 44,987 6.50 Tier 1 leverage capital Bank only 112,613 11.61 38,787 4.00 48,484 5.00 Parent company 170,877 17.55 38,952 4.00 48,484 5.00 December 31, 2014: (1) Total risk-based capital Bank only $ 116,053 19.56 % $ 47,469 8.00 % $ 59,336 10.00 % Tier 1 risk-based capital Bank only 108,596 18.30 23,734 4.00 35,602 6.00 Tier 1 leverage capital Bank only 108,596 11.79 36,849 4.00 46,061 5.00

Parent Company Only Financial38

Parent Company Only Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2015
Parent Company Only Financial Statements [Abstract]
Schedule of Condensed Balance Sheet	FIRST FINANCIAL NORTHWEST, INC. Condensed Balance Sheets December 31, 2015 2014 (In thousands) Assets Cash and cash equivalents $ 27 $ 97 Interest-bearing deposits 50,311 64,374 Investment in subsidiaries 117,223 114,412 Receivable from subsidiaries 3,178 1,589 Deferred tax assets, net 23 1,124 Other assets 106 51 Total assets $ 170,868 $ 181,647 Liabilities and Stockholders' Equity Liabilities: Payable to subsidiaries $ 84 $ 116 Other liabilities 111 119 Total liabilities 195 235 Stockholders' equity 170,673 181,412 Total liabilities and stockholders' equity $ 170,868 $ 181,647
Schedule of Condensed Income Statement	FIRST FINANCIAL NORTHWEST, INC. Condensed Income Statements Year Ended December 31, 2015 2014 2013 (In thousands) Operating income: Interest income: Interest-bearing deposits with banks $ 143 $ 26 $ 27 Other income 2 8 12 Total operating income 145 34 39 Operating expenses: Other expenses 1,440 1,475 1,756 Total operating expenses 1,440 1,475 1,756 Loss before provision for federal income taxes and equity in undistributed earnings of subsidiaries (1,295 ) (1,441 ) (1,717 ) Federal income tax benefit (601 ) (573 ) (619 ) Loss before equity in undistributed loss of subsidiaries (694 ) (868 ) (1,098 ) Equity in undistributed earnings of subsidiaries 9,854 11,555 25,563 Net income $ 9,160 $ 10,687 $ 24,465
Schedule of Condensed Cash Flow Statement	FIRST FINANCIAL NORTHWEST, INC. Condensed Statements of Cash Flows Year Ended December 31, 2015 2014 2013 (In thousands) Cash flows from operating activities: Net income $ 9,160 $ 10,687 $ 24,465 Adjustments to reconcile net income to net cash from operating activities: Equity in undistributed earnings of subsidiaries (9,854 ) (11,555 ) (25,563 ) Dividends received from subsidiary 6,785 72,300 14,491 ESOP, stock options, and restricted stock compensation — 13 48 Change in deferred tax assets, net 1,101 (540 ) (584 ) Change in receivables from subsidiaries (1,608 ) 8 (12 ) Change in payables to subsidiaries (32 ) 50 66 Change in other assets (55 ) (16 ) 119 Changes in other liabilities (8 ) (130 ) (38 ) Net cash provided by operating activities 5,489 70,817 12,992 Cash flows from investing activities: Investments in subsidiaries — — 71 ESOP loan repayment 1,115 1,054 1,011 Net cash provided in investing activities 1,115 1,054 1,082 Cash flows from financing activities: Proceeds from exercise of stock options 935 3,611 3,023 Proceeds for vested awards 282 282 1,508 Repurchase and retirement of common stock (18,717 ) (17,566 ) (28,090 ) Dividends paid (3,237 ) (2,938 ) (1,895 ) Net cash used by financing activities (20,737 ) (16,611 ) (25,454 ) Net (decrease) increase in cash (14,133 ) 55,260 (11,380 ) Cash and cash equivalents at beginning of year 64,471 9,211 20,591 Cash and cash equivalents at end of year $ 50,338 $ 64,471 $ 9,211

Earnings Per Share_ Schedule of

Earnings Per Share: Schedule of Earnings Per Share Reconciliation (Tables)	12 Months Ended
	Dec. 31, 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 EPS for the periods indicated. Year Ended December 31, 2015 2014 2013 (Dollars in thousands, except share data) Net income $ 9,160 $ 10,687 $ 24,465 Earnings allocated to participating securities (31 ) (52 ) (150 ) Earnings allocated to common shareholders $ 9,129 $ 10,635 $ 24,315 Basic weighted-average common shares outstanding 13,528,393 14,747,086 16,580,882 Dilutive effect of stock options 136,670 116,624 28,985 Dilutive effect of restricted stock grants 20,919 23,488 — Diluted weighted-average common shares outstanding 13,685,982 14,887,198 16,609,867 Basic earnings per share $ 0.67 $ 0.72 $ 1.47 Diluted earnings per share $ 0.67 $ 0.71 $ 1.46

Summarized Consolidated Quart40

Summarized Consolidated Quarterly Financial Data (Unaudited) (Tables)	12 Months Ended
	Dec. 31, 2015
Quarterly Financial Data [Abstract]
Schedule of Quarterly Financial Information	The following table presents summarized consolidated quarterly data for each of the last three years. First Quarter Second Quarter Third Quarter Fourth Quarter (Dollars in thousands, except share data) 2015 Total interest income $ 9,154 $ 9,221 $ 9,358 $ 9,464 Total interest expense 1,632 1,653 1,694 1,772 Net interest income 7,522 7,568 7,664 7,692 Recapture of provision for loan losses (100 ) (500 ) (700 ) (900 ) Net interest income after recapture of provision for loan losses 7,622 8,068 8,364 8,592 Total noninterest income 91 357 447 384 Total noninterest expense 4,290 4,874 5,381 5,333 Income before provision for income taxes 3,423 3,551 3,430 3,643 Provision for federal income tax expense 1,194 1,183 984 1,526 Net income $ 2,229 $ 2,368 $ 2,446 $ 2,117 Basic earnings per share $ 0.16 $ 0.17 $ 0.18 $ 0.16 Diluted earnings per share $ 0.16 $ 0.17 $ 0.18 $ 0.16 2014 Total interest income $ 9,652 $ 9,695 $ 9,736 $ 9,606 Total interest expense 1,598 1,517 1,517 1,609 Net interest income 8,054 8,178 8,219 7,997 Recapture of provision for loan losses (500 ) (100 ) (300 ) (1,200 ) Net interest income after recapture of provision for loan losses 8,554 8,278 8,519 9,197 Total noninterest income 68 88 186 156 Total noninterest expense 4,524 4,702 4,508 4,769 Income before provision for income taxes 4,098 3,664 4,197 4,584 Provision for federal income tax expense 1,453 1,297 1,462 1,644 Net income $ 2,645 $ 2,367 $ 2,735 $ 2,940 Basic earnings per share $ 0.17 $ 0.16 $ 0.19 $ 0.20 Diluted earnings per share (1) $ 0.17 $ 0.16 $ 0.19 $ 0.20 2013 Total interest income $ 9,538 $ 9,684 $ 9,549 $ 9,768 Total interest expense 2,149 1,879 1,804 1,694 Net interest income 7,389 7,805 7,745 8,074 Provision (recapture of provision) for loan losses — 100 — (200 ) Net interest income after provision (recapture of provision) for loan losses 7,389 7,705 7,745 8,274 Total noninterest income 104 155 120 512 Total noninterest expense 5,878 5,306 5,388 4,510 Income before provision (benefit) for income taxes 1,615 2,554 2,477 4,276 Provision (benefit) for federal income taxes 59 (13,809 ) (135 ) 342 Net income $ 1,556 $ 16,363 $ 2,612 $ 3,934 Basic earnings per share (1) $ 0.09 $ 0.96 $ 0.16 $ 0.25 Diluted earnings per share (1) $ 0.09 $ 0.95 $ 0.16 $ 0.25 (1) Basic and diluted quarterly earnings per share may not equal total due to rounding.

Summary of Significant Accoun41

Summary of Significant Accounting Policies - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Accounting Policies [Abstract]
Federal reserve bank minimum reserve required	$ 434,000	$ 171,000
Number of days delinquent at which accrual of interest on loan is discontinued	90 days
Federal home loan bank stock, par value (usd per share)	$ 100

Summary of Significant Accoun42

Summary of Significant Accounting Policies - Premisis and Equipment (Details)	12 Months Ended
	Dec. 31, 2015
Building and building improvements | Minimum
Property, Plant and Equipment
Property, plant and equipment, useful life	15 years
Building and building improvements | Maximum
Property, Plant and Equipment
Property, plant and equipment, useful life	40 years
Furniture, fixtures and equipment | Minimum
Property, Plant and Equipment
Property, plant and equipment, useful life	3 years
Furniture, fixtures and equipment | Maximum
Property, Plant and Equipment
Property, plant and equipment, useful life	7 years

Investments_ Narrative (Details

Investments: Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Investments [Abstract]
Investments pledged as collateral for public deposits	$ 17,400,000	$ 16,300,000
Unrealized loss	791,000	387,000
Fair Value	$ 78,317,000	$ 31,202,000

Investments_ Available-for-sale

Investments: Available-for-sale Securities (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions	43	24
Amortized Cost	$ 129,439	$ 119,140
Gross Unrealized Gains	917	1,621
Gross Unrealized Losses	(791)	(387)
Investments available-for-sale, at fair value	129,565	120,374
Mortgage-backed investments, Fannie Mae
Amortized Cost	50,288	40,083
Gross Unrealized Gains	260	863
Gross Unrealized Losses	(227)	(30)
Investments available-for-sale, at fair value	50,321	40,916
Mortgage-backed investments, Freddie Mac
Amortized Cost	26,011	21,442
Gross Unrealized Gains	243	526
Gross Unrealized Losses	(117)	(22)
Investments available-for-sale, at fair value	26,137	21,946
Mortgage-backed investments, Ginnie Mae
Amortized Cost	13,802	26,049
Gross Unrealized Gains	44	87
Gross Unrealized Losses	(114)	(122)
Investments available-for-sale, at fair value	13,732	26,014
Municipal Bonds
Amortized Cost	11,787	642
Gross Unrealized Gains	277	2
Gross Unrealized Losses	0	0
Investments available-for-sale, at fair value	12,064	644
US Government agencies
Amortized Cost	13,541	16,863
Gross Unrealized Gains	89	104
Gross Unrealized Losses	(88)	(151)
Investments available-for-sale, at fair value	13,542	16,816
Corporate Bonds
Amortized Cost	14,010	14,061
Gross Unrealized Gains	4	39
Gross Unrealized Losses	(245)	(62)
Investments available-for-sale, at fair value	$ 13,769	$ 14,038

Investments_ Schedule of Availa

Investments: Schedule of Available for sale Securities, Debt Maturities (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Investments [Abstract]
Due within one year, Amortized Cost	$ 0
Due after one year through five years, Amortized Cost	9,845
Due after five years through ten years, Amortized Cost	16,349
Due after ten years, Amortized Cost	13,144
Debt maturities, Amortized Cost	39,338
Mortgage-backed investments, Amortized Cost	90,101
Amortized Cost	129,439	$ 119,140
Due within one year, Fair Value	0
Due after one year through five years, Fair Value	9,802
Due after five years through ten years, Fair Value	16,222
Due after ten years, Fair Value	13,351
Debt maturities, Fair Value	39,375
Mortgage-backed investments, Fair Value	90,190
Fair Value	$ 129,565

Investments_ Gain_Loss on Inves

Investments: Gain/Loss on Investments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Investments [Abstract]
Proceeds	$ 27,327	$ 4,980	$ 45,137
Gross gains	449	0	11
Gross losses	$ (357)	$ (20)	$ (49)

Investments_ Schedule of Avai47

Investments: Schedule of Available for sale Securities in Continuous Unrealized Loss positions (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Less than twelve months, Fair Value	$ 75,084,000	$ 3,924,000
Less than twelve months, Unrealized Loss	(706,000)	(10,000)
Twelve months or longer, Fair Value	3,233,000	27,278,000
Twelve months or longer, Unrealized Loss	(85,000)	(377,000)
Fair Value	78,317,000	31,202,000
Unrealized Loss	(791,000)	(387,000)
Mortgage-backed investments, Fannie Mae
Less than twelve months, Fair Value	37,593,000	0
Less than twelve months, Unrealized Loss	(227,000)	0
Twelve months or longer, Fair Value	0	1,456,000
Twelve months or longer, Unrealized Loss	0	(30,000)
Fair Value	37,593,000	1,456,000
Unrealized Loss	(227,000)	(30,000)
Mortgage-backed investments, Freddie Mac
Less than twelve months, Fair Value	12,115,000	0
Less than twelve months, Unrealized Loss	(117,000)	0
Twelve months or longer, Fair Value	0	1,832,000
Twelve months or longer, Unrealized Loss	0	(22,000)
Fair Value	12,115,000	1,832,000
Unrealized Loss	(117,000)	(22,000)
Mortgage backed investments Ginnie Mae
Less than twelve months, Fair Value	5,508,000	1,883,000
Less than twelve months, Unrealized Loss	(29,000)	(6,000)
Twelve months or longer, Fair Value	3,233,000	9,952,000
Twelve months or longer, Unrealized Loss	(85,000)	(116,000)
Fair Value	8,741,000	11,835,000
Unrealized Loss	(114,000)	(122,000)
Municipal Bonds
Less than twelve months, Fair Value	0	0
Less than twelve months, Unrealized Loss	0	0
Twelve months or longer, Fair Value	0	0
Twelve months or longer, Unrealized Loss	0	0
Fair Value	0	0
Unrealized Loss	0	0
US Government agencies
Less than twelve months, Fair Value	9,605,000	545,000
Less than twelve months, Unrealized Loss	(88,000)	0
Twelve months or longer, Fair Value	0	8,096,000
Twelve months or longer, Unrealized Loss	0	(151,000)
Fair Value	9,605,000	8,641,000
Unrealized Loss	(88,000)	(151,000)
Corporate Bonds
Less than twelve months, Fair Value	10,263,000	1,496,000
Less than twelve months, Unrealized Loss	(245,000)	(4,000)
Twelve months or longer, Fair Value	0	5,942,000
Twelve months or longer, Unrealized Loss	0	(58,000)
Fair Value	10,263,000	7,438,000
Unrealized Loss	$ (245,000)	$ (62,000)

Loans Receivable_ Schedule of48

Loans Receivable: Schedule of Accounts, Notes, Loans and Financing Receivable (Details) - USD ($)		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Loans and Leases Receivable, Impaired, Commitment to Lend		$ 0	$ 0
Loans receivable		751,270,000	704,392,000
Loans in process (LIP)		53,854,000	27,359,000
Deferred loan fees, net		2,881,000	2,604,000
Loans receivable allowance for loan losses		9,463,000	10,491,000
Loans receivable, net		685,072,000	663,938,000
One-to-four family, residential, owner occupied
Loans receivable		147,229,000	161,013,000
One-to-four family residential non-owner occupied
Loans receivable		106,543,000	112,180,000
One-to-four family construction
Loans receivable		0	500,000
One-to-four family
Loans receivable		253,772,000	273,693,000
Multifamily Permanent
Loans receivable	[1]	122,747,000	116,014,000
Multifamily Construction
Loans receivable	[1]	21,115,000	4,450,000
Multifamily
Loans receivable	[1]	143,862,000	120,464,000
Loans receivable allowance for loan losses		1,298,000	1,646,000	$ 1,377,000	$ 1,139,000
Commercial Real Estate Permanent
Loans receivable	[1]	244,211,000	239,211,000
Commercial Real Estate Construction
Loans receivable	[1]	0	6,100,000
Commercial Real Estate Land
Loans receivable	[1]	8,290,000	2,956,000
Commercial Real Estate
Loans receivable	[1]	252,501,000	248,267,000
Construction/Land Development One-to-four family residential
Loans receivable	[1]	52,233,000	19,860,000
Construction Land Development Multifamily
Loans receivable	[1]	25,551,000	17,902,000
Construction Land Development Commercial
Loans receivable	[1]	0	4,300,000
Construction Land Development Land Development
Loans receivable	[1]	8,768,000	8,993,000
Construction Land Development
Loans receivable	[1]	86,552,000	51,055,000
Loans receivable allowance for loan losses		941,000	355,000	399,000	437,000
Business
Loans receivable		7,604,000	3,783,000
Loans receivable allowance for loan losses		229,000	47,000	14,000	30,000
Consumer
Loans receivable		6,979,000	7,130,000
Loans receivable allowance for loan losses		$ 425,000	$ 152,000	$ 182,000	$ 167,000
[1]	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 December 31, 2015, the Company had $21.1 million, or 14.7% of the total multifamily loans, and no commercial or one-to-four family residential loans in these "rollover" type of loans. At December 31, 2014, the Company had $6.1 million, or 2.5% of the total commercial real estate portfolio, $4.5 million, or 3.7% of the total multifamily loans and $500,000, or 0.2% of the total one-to-four family residential loans in these rollover type of loans. At December 31, 2015 and December 31, 2014, $8.3 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 when it does not intend to finance the construction as commercial real estate land loans.

Loans Receivable_ Narratives (D

Loans Receivable: Narratives (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Loans Receivable, Percentage of Loan Portfolio	13.50%
Loans and Leases Receivable, Net Amount	$ 685,072,000	$ 663,938,000
Loans Receivable, non-performing	1,100,000	1,300,000
Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans	103,000	126,000	$ 650,000
Loans and Leases Receivable, Impaired, Commitment to Lend	$ 0	0
Troubled debt restructuring, charge to Allowance for Loan and Lease Losses				$ 0
One-to-four family residential
Loans Receivable, Percentage of Loan Portfolio	33.80%
Loans and Leases Receivable, Net Amount	$ 13,500,000
Multifamily
Loans Receivable, Percentage of Loan Portfolio	19.10%
Loans and Leases Receivable, Net Amount	$ 2,000,000
Commercial Real Estate
Loans Receivable, Percentage of Loan Portfolio	33.60%
Loans and Leases Receivable, Net Amount	$ 59,900,000
Construction Land Development
Loans and Leases Receivable, Net Amount	438,000
Consumer Loan [Member]
Loans and Leases Receivable, Net Amount	198,000
Commercial Real Estate Construction
Loans excluded from category		$ 6,100,000
Loans and Notes receivable, category as percent of total		2.50%
Multifamily Construction
Loans excluded from category	$ 21,100,000	$ 4,500,000
Loans and Notes receivable, category as percent of total	14.70%	3.70%
Construction Land Development Commercial
Loans excluded from category	$ 8,300,000	$ 3,000,000

Loans Receivable Loans Receivab

Loans Receivable Loans Receivable: Schedule of Loans by Maturity and Interest Rate Type (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Fixed Rate
Schedule of Maturity of Loans and Financing Receivables [Abstract]
Due within one year	$ 17,476	$ 39,649
After one year through three years	107,792	70,416
After three years through five years	91,283	128,142
After five years through ten years	99,348	117,199
Thereafter	151,879	129,560
Loans receivable, outstanding maturities, by rate type	467,778	484,966
Adjustable Rate
Schedule of Maturity of Loans and Financing Receivables [Abstract]
Due within one year	122,992	98,830
After one year through three years	28,316	27,314
After three years through five years	90,779	32,842
After five years through ten years	41,239	59,682
Thereafter	166	758
Loans receivable, outstanding maturities, by rate type	$ 283,492	$ 219,426

Loans Receivable_ Schedule of51

Loans Receivable: Schedule of Allowance for Loan and Lease Losses, Roll Forward (Details) - USD ($) $ in Thousands		3 Months Ended														12 Months Ended
		Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014		Dec. 31, 2013		Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2015	Dec. 31, 2014		Dec. 31, 2013		Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance					$ 10,491											$ 10,491
(Recapture) provision		$ 900	$ 700	$ 500	100	$ 1,200	$ 300	$ 100	$ 500		$ 200		$ 0	$ (100)	$ 0	2,200	$ 2,100		$ 100
Loans and Leases Receivable, Allowance, Ending Balance		9,463				10,491										9,463	10,491
Loans receivable allowance for loan losses		9,463			10,491	10,491										10,491	10,491				$ 9,463	$ 10,491
One-to-four family residential
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance					3,694				5,141						5,562	3,694	5,141		5,562
Charge-offs																(27)	(78)		(456)
Recoveries																936	50		1,303
(Recapture) provision																(1,575)	(1,419)		(1,268)
Loans and Leases Receivable, Allowance, Ending Balance		3,028				3,694					5,141					3,028	3,694		5,141
Loans receivable allowance for loan losses		3,028			3,694	3,694			5,141		5,141				5,562	3,694	5,141		5,562		3,028	3,694	$ 5,141
Total Loans	[1]																				253,772	273,565	280,674
One-to-four family residential | General Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance					2,894				3,601							2,894	3,601
Loans and Leases Receivable, Allowance, Ending Balance		2,516				2,894					3,601					2,516	2,894		3,601
Loans receivable allowance for loan losses		2,516			2,894	2,894			3,601		3,601					2,894	3,601		3,601		2,516	2,894	3,601
Total Loans	[1],[2]																				217,677	229,827	232,526
One-to-four family residential | Specific Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance					800				1,540							800	1,540
Loans and Leases Receivable, Allowance, Ending Balance		512				800					1,540					512	800		1,540
Loans receivable allowance for loan losses		512			800	800			1,540		1,540					800	1,540		1,540		512	800	1,540
Total Loans	[1],[3]																				36,095	43,738	48,148
Multifamily
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance					1,646				1,377						1,139	1,646	1,377		1,139
Charge-offs																(281)	0		(346)
Recoveries																78	0		237
(Recapture) provision																(145)	269		347
Loans and Leases Receivable, Allowance, Ending Balance		1,298				1,646					1,377					1,298	1,646		1,377
Loans receivable allowance for loan losses		1,298			1,646	1,646			1,377		1,377				1,139	1,646	1,377		1,139		1,298	1,646	1,377
Total Loans	[1]																				133,388	120,271	117,181
Multifamily | General Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance					1,619				1,292							1,619	1,292
Loans and Leases Receivable, Allowance, Ending Balance		1,295				1,619					1,292					1,295	1,619		1,292
Loans receivable allowance for loan losses		1,295			1,619	1,619			1,292		1,292					1,619	1,292		1,292		1,295	1,619	1,292
Total Loans	[1],[2]																				131,793	118,099	114,740
Multifamily | Specific Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance					27				85							27	85
Loans and Leases Receivable, Allowance, Ending Balance		3				27					85					3	27		85
Loans receivable allowance for loan losses		3			27	27			85		85					27	85		85		3	27	85
Total Loans	[1],[3]																				1,595	2,172	2,441
Commercial Real Estate
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance					4,597				5,881						5,207	4,597	5,881		5,207
Charge-offs																0	(311)		(98)
Recoveries																181	174		7
(Recapture) provision																(1,236)	(1,147)		765
Loans and Leases Receivable, Allowance, Ending Balance		3,542				4,597					5,881					3,542	4,597		5,881
Loans receivable allowance for loan losses		3,542			4,597	4,597			5,881		5,881				5,207	4,597	5,881		5,207		3,542	4,597	5,881
Total Loans	[1]																				252,501	247,968	247,402
Commercial Real Estate | General Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance					4,268				5,326							4,268	5,326
Loans and Leases Receivable, Allowance, Ending Balance		3,364				4,268					5,326					3,364	4,268		5,326
Loans receivable allowance for loan losses		3,364			4,268	4,268			5,326		5,326					4,268	5,326		5,326		3,364	4,268	5,326
Total Loans	[1],[2]																				247,110	238,416	234,093
Commercial Real Estate | Specific Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance					329				555							329	555
Loans and Leases Receivable, Allowance, Ending Balance		178				329					555					178	329		555
Loans receivable allowance for loan losses		178			329	329			555		555					329	555		555		178	329	555
Total Loans	[1],[3]																				5,391	9,552	13,309
Construction Land Development
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance					355				399						437	355	399		437
Charge-offs																0	(223)		(582)
Recoveries																0	0		455
(Recapture) provision																586	179		89
Loans and Leases Receivable, Allowance, Ending Balance		941				355					399					941	355		399
Loans receivable allowance for loan losses		941			355	355			399		399				437	355	399		437		941	355	399
Total Loans	[1]																				43,172	24,316	23,127
Construction Land Development | General Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance					355				399							355	399
Loans and Leases Receivable, Allowance, Ending Balance		941				355					399					941	355		399
Loans receivable allowance for loan losses		941			355	355			399		399					355	399		399		941	355	399
Total Loans	[1],[2]																				43,172	24,316	22,904
Construction Land Development | Specific Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance					0				0							0	0
Loans and Leases Receivable, Allowance, Ending Balance		0				0					0					0	0		0
Loans receivable allowance for loan losses		0			0	0			0		0					0	0		0		0	0	0
Total Loans	[1],[3]																				0	0	223
Business
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance					47				14						30	47	14		30
Charge-offs																0	0		(13)
Recoveries																3	10		0
(Recapture) provision																179	23		(3)
Loans and Leases Receivable, Allowance, Ending Balance		229				47					14					229	47		14
Loans receivable allowance for loan losses		229			47	47			14		14				30	47	14		30		229	47	14
Total Loans	[1]																				7,604	3,783	1,142
Business | General Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance					47				14							47	14
Loans and Leases Receivable, Allowance, Ending Balance		229				47					14					229	47		14
Loans receivable allowance for loan losses		229			47	47			14		14					47	14		14		229	47	14
Total Loans	[1],[2]																				7,604	3,783	1,142
Business | Specific Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance					0				0							0	0
Loans and Leases Receivable, Allowance, Ending Balance		0				0					0					0	0		0
Loans receivable allowance for loan losses		0			0	0			0		0					0	0		0		0	0	0
Total Loans	[1],[3]																				0	0	0
Consumer
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance					152				182						167	152	182		167
Charge-offs																(54)	(30)		(101)
Recoveries																336	5		146
(Recapture) provision																(9)	(5)		(30)
Loans and Leases Receivable, Allowance, Ending Balance		425				152					182					425	152		182
Loans receivable allowance for loan losses		425			152	152			182		182				167	152	182		167		425	152	182
Total Loans	[1]																				6,979	7,130	9,201
Consumer | General Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance					93				182							93	182
Loans and Leases Receivable, Allowance, Ending Balance		386				93					182					386	93		182
Loans receivable allowance for loan losses		386			93	93			182		182					93	182		182		386	93	182
Total Loans	[1],[2]																				6,771	6,933	9,157
Consumer | Specific Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance					59				0							59	0
Loans and Leases Receivable, Allowance, Ending Balance		39				59					0					39	59		0
Loans receivable allowance for loan losses		39			59	59			0		0					59	0		0		39	59	0
Total Loans	[1],[3]																				208	197	44
Property total
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance					10,491				12,994						(12,542)	10,491	12,994		(12,542)
Charge-offs																(362)	(642)		1,596
Recoveries																1,534	239		2,148
(Recapture) provision																(2,200)	(2,100)		100
Loans and Leases Receivable, Allowance, Ending Balance		9,463				10,491					12,994					9,463	10,491		12,994
Loans receivable allowance for loan losses		9,463			10,491	10,491			12,994		12,994				$ (12,542)	10,491	12,994		(12,542)		9,463	10,491	12,994
Total Loans	[1]																				697,416	677,033	678,727
Property total | General Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance					9,276				10,814							9,276	10,814
Loans and Leases Receivable, Allowance, Ending Balance		8,731				9,276					10,814					8,731	9,276		10,814
Loans receivable allowance for loan losses		8,731			9,276	9,276			10,814		10,814					9,276	10,814		10,814		8,731	9,276	10,814
Total Loans	[1],[2]																				654,127	621,374	614,562
Property total | Specific Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance					1,215				2,180	[1]						1,215	2,180	[1]
Loans and Leases Receivable, Allowance, Ending Balance		732				1,215					2,180	[1]				732	1,215		2,180	[1]
Loans receivable allowance for loan losses		$ 732			$ 1,215	$ 1,215			$ 2,180	[1]	$ 2,180	[1]				$ 1,215	$ 2,180	[1]	$ 2,180	[1]	732	1,215	2,180	[1]
Total Loans	[1],[3]																				$ 43,289	$ 55,659	$ 64,165
[1]	Net of LIP.
[2]	Loans collectively evaluated for impairment.
[3]	Loans individually evaluated for impairment

Loans Receivable_ Financing Rec

Loans Receivable: Financing Receivables, Aging of loans (Details) - USD ($) $ in Thousands		Dec. 31, 2015		Dec. 31, 2014
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		$ 1,258		$ 4,447
Current		696,158		672,586
Total Loans	[1],[2]	697,416	[3]	677,033	[4]
One-to-four family, residential, owner occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		1,161		1,907
Current		146,068		159,106
Total Loans		147,229	[2],[3]	161,013	[1],[4]
One-to-four family residential non-owner occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0		164
Current		106,543		112,388
Total Loans		106,543	[2],[3]	112,552	[1],[4]
Multifamily
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0		1,965
Current		133,388		118,306
Total Loans		133,388	[2],[3]	120,271	[1],[4]
Commercial Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0		336
Current		252,501		247,632
Total Loans		252,501	[2],[3]	247,968	[1],[4]
Construction Land Development
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0		0
Current		43,172		24,316
Total Loans		43,172	[2],[3]	24,316	[1],[4]
Real Estate, Total
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		1,161		4,372
Current		681,672		661,748
Total Loans		682,833	[2],[3]	666,120	[1],[4]
Business
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0		0
Current		7,604		3,783
Total Loans		7,604	[2],[3]	3,783	[1],[4]
Consumer
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		97		75
Current		6,882		7,055
Total Loans		6,979	[2],[3]	7,130	[1],[4]
Financing Receivables, 30 to 59 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		678		2,631
Financing Receivables, 30 to 59 Days Past Due [Member] | One-to-four family, residential, owner occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		678		666
Financing Receivables, 30 to 59 Days Past Due [Member] | One-to-four family residential non-owner occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0		0
Financing Receivables, 30 to 59 Days Past Due [Member] | Multifamily
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0		1,965
Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0		0
Financing Receivables, 30 to 59 Days Past Due [Member] | Construction Land Development
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0		0
Financing Receivables, 30 to 59 Days Past Due [Member] | Real Estate, Total
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		678		2,631
Financing Receivables, 30 to 59 Days Past Due [Member] | Business
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0		0
Financing Receivables, 30 to 59 Days Past Due [Member] | Consumer
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0		0
Financing Receivables, 60 to 89 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		561		975
Financing Receivables, 60 to 89 Days Past Due [Member] | One-to-four family, residential, owner occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		483		575
Financing Receivables, 60 to 89 Days Past Due [Member] | One-to-four family residential non-owner occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0		0
Financing Receivables, 60 to 89 Days Past Due [Member] | Multifamily
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0		0
Financing Receivables, 60 to 89 Days Past Due [Member] | Commercial Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0		325
Financing Receivables, 60 to 89 Days Past Due [Member] | Construction Land Development
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0		0
Financing Receivables, 60 to 89 Days Past Due [Member] | Real Estate, Total
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		483		900
Financing Receivables, 60 to 89 Days Past Due [Member] | Business
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0		0
Financing Receivables, 60 to 89 Days Past Due [Member] | Consumer
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		78		75
Financing Receivables, Equal to Greater than 90 Days Past Due [Member]
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		19		841
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | One-to-four family, residential, owner occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0		666
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | One-to-four family residential non-owner occupied
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0		164
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Multifamily
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0		0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Commercial Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0		11
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Construction Land Development
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0		0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Real Estate, Total
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0		841
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Business
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		0		0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Consumer
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total		$ 19		$ 0
[1]	Net of LIP.
[2]	{F|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOjRjYzNlNDk4ODZiNjRhMmM4ZjM0YjEwODBmYzY5MzczfFRleHRTZWxlY3Rpb246MkI3REU1RDdFMTMyOTQ0NTNGQjAxNDYyMjIzQzk0OTQM}
[3]	{F|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOjRjYzNlNDk4ODZiNjRhMmM4ZjM0YjEwODBmYzY5MzczfFRleHRTZWxlY3Rpb246QjdCNDk3QjgwRjA0MzgyMjU1RTgxNDYyMjIzQzU2MzcM}
[4]	{F|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOjRjYzNlNDk4ODZiNjRhMmM4ZjM0YjEwODBmYzY5MzczfFRleHRTZWxlY3Rpb246MEM3RjMyMzY4MkVENTBBMzJEQjUxNDYyMjIzQzM1ODgM}

Loans Receivable_ Schedule of n

Loans Receivable: Schedule of non-accrual loans (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Total nonaccrual loans	$ 1,085	$ 1,339
One-to-four family, residential, owner occupied
Total nonaccrual loans	996	830
Commercial Portfolio Segment [Member]
Total nonaccrual loans	0	434
Consumer
Total nonaccrual loans	$ 89	$ 75

Loans Receivable_ Non-performin

Loans Receivable: Non-performing Loans, Foregone interest, and loans committed (Details) - USD ($)		Dec. 31, 2015		Dec. 31, 2014
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[1],[2]	$ 697,416,000	[3]	$ 677,033,000	[4]
One-to-four family residential
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		253,772,000		273,565,000
Multifamily
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		133,388,000	[2],[3]	120,271,000	[1],[4]
Commercial Real Estate
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		252,501,000	[2],[3]	247,968,000	[1],[4]
Construction Land Development
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		43,172,000	[2],[3]	24,316,000	[1],[4]
Business
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		7,604,000	[2],[3]	3,783,000	[1],[4]
Consumer
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		6,979,000	[2],[3]	7,130,000	[1],[4]
One-to-four family residential non-owner occupied
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		106,543,000	[2],[3]	112,552,000	[1],[4]
One-to-four family, residential, owner occupied
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		147,229,000	[2],[3]	161,013,000	[1],[4]
Performing Financing Receivable
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[1]	696,331,000		675,694,000
Performing Financing Receivable | One-to-four family residential
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		252,776,000		272,735,000
Performing Financing Receivable | Multifamily
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		133,388,000		120,271,000
Performing Financing Receivable | Commercial Real Estate
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		252,501,000		247,534,000
Performing Financing Receivable | Construction Land Development
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		43,172,000		24,316,000
Performing Financing Receivable | Business
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		7,604,000		3,783,000
Performing Financing Receivable | Consumer
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		6,890,000		7,055,000
Performing Financing Receivable | One-to-four family residential non-owner occupied
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		106,500,000		112,400,000
Performing Financing Receivable | One-to-four family, residential, owner occupied
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		146,200,000		160,300,000
Nonperforming Financing Receivable
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net	[1]	1,085,000		1,339,000
Nonperforming Financing Receivable | One-to-four family residential
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		996,000		830,000
Nonperforming Financing Receivable | Multifamily
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		0		0
Nonperforming Financing Receivable | Commercial Real Estate
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		0		434,000
Nonperforming Financing Receivable | Construction Land Development
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		0		0
Nonperforming Financing Receivable | Business
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		0		0
Nonperforming Financing Receivable | Consumer
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		89,000		75,000
Nonperforming Financing Receivable | One-to-four family residential non-owner occupied
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		0		164,000
Nonperforming Financing Receivable | One-to-four family, residential, owner occupied
Financing Receivable, Recorded Investment [Line Items]
Financing Receivable, Net		$ 996,000		$ 666,000
[1]	Net of LIP.
[2]	{F|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOjRjYzNlNDk4ODZiNjRhMmM4ZjM0YjEwODBmYzY5MzczfFRleHRTZWxlY3Rpb246MkI3REU1RDdFMTMyOTQ0NTNGQjAxNDYyMjIzQzk0OTQM}
[3]	{F|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOjRjYzNlNDk4ODZiNjRhMmM4ZjM0YjEwODBmYzY5MzczfFRleHRTZWxlY3Rpb246QjdCNDk3QjgwRjA0MzgyMjU1RTgxNDYyMjIzQzU2MzcM}
[4]	{F|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOjRjYzNlNDk4ODZiNjRhMmM4ZjM0YjEwODBmYzY5MzczfFRleHRTZWxlY3Rpb246MEM3RjMyMzY4MkVENTBBMzJEQjUxNDYyMjIzQzM1ODgM}

Loans Receivable_ Schedule of I

Loans Receivable: Schedule of Impaired Financing Receivables (Details) - USD ($) $ in Thousands		Dec. 31, 2015	Dec. 31, 2014
One-to-four family, residential, owner occupied
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	[1]	$ 3,169	$ 3,308	[2]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	[3]	3,441	3,661	[2]
Impaired Financing Receivable, with Related Allowance, Recorded Investment	[1]	2,120	2,554	[2]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	[3]	2,189	2,624	[2]
Impaired Financing Receivable, Related Allowance		85	121
Impaired Financing Receivable, Recorded Investment	[1]	5,289	5,862	[2]
Impaired Financing Receivable, Unpaid Principal Balance	[3]	5,630	6,285	[2]
One-to-four family residential non-owner occupied
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	[1]	23,285	29,224	[2]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	[3]	23,310	29,266	[2]
Impaired Financing Receivable, with Related Allowance, Recorded Investment	[1]	7,521	8,652	[2]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	[3]	7,573	8,704	[2]
Impaired Financing Receivable, Related Allowance		427	679
Impaired Financing Receivable, Recorded Investment	[1]	30,806	37,876	[2]
Impaired Financing Receivable, Unpaid Principal Balance	[3]	30,883	37,970	[2]
Multifamily
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	[1]	415
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	[3]	414
Impaired Financing Receivable, with Related Allowance, Recorded Investment	[1]	1,180	2,172	[2]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	[3]	1,180	2,172	[2]
Impaired Financing Receivable, Related Allowance		3	27
Impaired Financing Receivable, Recorded Investment	[1]	1,595	2,172	[2]
Impaired Financing Receivable, Unpaid Principal Balance	[3]	1,594	2,172	[2]
Commercial Real Estate
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	[1]	2,675	4,553	[2]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	[3]	2,857	4,851	[2]
Impaired Financing Receivable, with Related Allowance, Recorded Investment		2,716	4,999	[1],[2]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance		2,717	4,999	[2],[3]
Impaired Financing Receivable, Related Allowance		178	329
Impaired Financing Receivable, Recorded Investment	[1]	5,391	9,552	[2]
Impaired Financing Receivable, Unpaid Principal Balance	[3]	5,574	9,850	[2]
Consumer Loan [Member]
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Recorded Investment	[1],[2]		79
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	[2],[3]		79
Impaired Financing Receivable, Related Allowance			59
Consumer
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with Related Allowance, Recorded Investment		76
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance		76
Impaired Financing Receivable, Related Allowance		39
Consumer
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	[1]	132	118	[2]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	[3]	183	153	[2]
Impaired Financing Receivable, Related Allowance			59
Impaired Financing Receivable, Recorded Investment	[1]	208	197	[2]
Impaired Financing Receivable, Unpaid Principal Balance	[3]	259	232	[2]
Property total
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	[1]	29,676	37,203	[2]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	[3]	30,205	37,931	[2]
Impaired Financing Receivable, with Related Allowance, Recorded Investment		13,613	18,456	[1],[2]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance		13,735	18,578	[2],[3]
Impaired Financing Receivable, Related Allowance		732	1,215
Impaired Financing Receivable, Recorded Investment	[1]	43,289	55,659	[2]
Impaired Financing Receivable, Unpaid Principal Balance	[3]	$ 43,940	$ 56,509	[2]
[1]	presents the loan balance less charge-offs.(
[2]	{F|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOjRjYzNlNDk4ODZiNjRhMmM4ZjM0YjEwODBmYzY5MzczfFRleHRTZWxlY3Rpb246RDU5OUY4QUVDQzQ0Q0Y1M0M2REYxNDYyMjIzQzg5QjEM}
[3]	ntractual loan principal balance. At or For the Year Ended December 31, 2014 Recorded Investment (1) Unpaid PrincipalBalance (2) Related Allowance (In thousands)Loans with no related allowance: One-to-four family residential: Owner occupied$3,308 $3,661 $—Non-owner occupied29,224 29,266 —Commercial real estate4,553 4,851 —Consumer118 153 —Total37,203 37,931 —Loans with an allowance: One-to-four family residential: Owner occupied2,554 2,624 121Non-owner occupied8,652 8,704 679Multifamily2,172 2,172 27Commercial real estate4,999 4,999 329Consumer79 79 59Total18,456 18,578 1,215Total impaired loans: One-to-four family residential: Owner occupied5,862 6,285 121Non-owner occupied37,876 37,970 679Multifamily2,172 2,172 27Commercial real estate9,552 9,850 329Consumer197 232 59Total$55,659 $56,509 $1,215

Loans Receivable Loans Receiv56

Loans Receivable Loans Receivable: Average Recorded Investment and Interest Income Recognized (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	$ 34,410	$ 36,572	$ 46,214
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	1,738	2,215	2,187
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	14,751	22,109	28,025
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	731	1,041	1,286
Impaired Financing Receivable, Average Recorded Investment	49,161	58,681	74,239
Impaired Financing Receivable, Interest Income, Accrual Method	2,469	3,256	3,473
One-to-four family, residential, owner occupied
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	3,180	3,302	4,773
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	110	158	146
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	2,131	2,975	4,249
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	89	124	169
Impaired Financing Receivable, Average Recorded Investment	5,311	6,277	9,022
Impaired Financing Receivable, Interest Income, Accrual Method	199	282	315
One-to-four family residential non-owner occupied
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	25,350	29,105	29,277
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	1,409	1,762	1,697
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	7,801	10,395	14,545
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	415	500	623
Impaired Financing Receivable, Average Recorded Investment	33,151	39,500	43,822
Impaired Financing Receivable, Interest Income, Accrual Method	1,824	2,262	2,320
Multifamily
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	1,575	113	1,143
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	30	0	0
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	1,430	2,187	1,414
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	77	147	138
Impaired Financing Receivable, Average Recorded Investment	3,005	2,300	2,557
Impaired Financing Receivable, Interest Income, Accrual Method	107	147	138
Commercial Real Estate
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	4,180	3,971	7,065
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	187	291	344
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	3,312	6,532	7,817
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	147	267	356
Impaired Financing Receivable, Average Recorded Investment	7,492	10,503	14,882
Impaired Financing Receivable, Interest Income, Accrual Method	334	558	700
Construction Land Development
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	0	0	3,417
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	0	0	0
Impaired Financing Receivable, Average Recorded Investment	0	0	3,417
Impaired Financing Receivable, Interest Income, Accrual Method	0	0	0
Consumer
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	125	81	539
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	2	4	0
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	77	20	0
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	3	3	0
Impaired Financing Receivable, Average Recorded Investment	202	101	539
Impaired Financing Receivable, Interest Income, Accrual Method	$ 5	$ 7	$ 0

Loans Receivable_ Schedule of57

Loans Receivable: Schedule of Non-performing assets and troubled debt restructured loans (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Receivables [Abstract]
Performing TDRs	$ 42,128	$ 54,241
Nonaccrual TDRs	131	0
Total TDRs	$ 42,259	$ 54,241

Loans Receivable_ Troubled Debt

Loans Receivable: Troubled Debt Restructurings on Financing Receivables (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2015USD ($)loan	Dec. 31, 2014USD ($)loan
Financing Receivable, Modifications [Line Items]
Number of Loans | loan	15	29
Pre-Modification Outstanding Recorded Investment	$ 6,254	$ 8,888
Post-Modification Outstanding Recorded Investment	$ 6,254	$ 8,888
One-to-four family residential | Interest Only Payments With No Interest Rate Concession
Financing Receivable, Modifications [Line Items]
Number of Loans | loan	6	12
Pre-Modification Outstanding Recorded Investment	$ 1,439	$ 2,522
Post-Modification Outstanding Recorded Investment	$ 1,439	$ 2,522
One-to-four family residential | Principal and Interest with Interest Rate Concession
Financing Receivable, Modifications [Line Items]
Number of Loans | loan	2	6
Pre-Modification Outstanding Recorded Investment	$ 426	$ 1,174
Post-Modification Outstanding Recorded Investment	$ 426	$ 1,174
One-to-four family residential | Advancement of Maturity Date
Financing Receivable, Modifications [Line Items]
Number of Loans | loan	2	9
Pre-Modification Outstanding Recorded Investment	$ 248	$ 1,722
Post-Modification Outstanding Recorded Investment	$ 248	$ 1,722
Commercial Real Estate | Principal and Interest with Interest Rate Concession
Financing Receivable, Modifications [Line Items]
Number of Loans | loan	1	0
Pre-Modification Outstanding Recorded Investment	$ 775	$ 0
Post-Modification Outstanding Recorded Investment	$ 775	$ 0
Commercial Real Estate | Advancement of Maturity Date
Financing Receivable, Modifications [Line Items]
Number of Loans | loan	2	0
Pre-Modification Outstanding Recorded Investment	$ 866	$ 0
Post-Modification Outstanding Recorded Investment	$ 866	$ 0
Commercial Real Estate | Interest only payments
Financing Receivable, Modifications [Line Items]
Number of Loans | loan	1	2
Pre-Modification Outstanding Recorded Investment	$ 496	$ 3,470
Post-Modification Outstanding Recorded Investment	$ 496	$ 3,470
Commercial Real Estate | Interest-only payments with advancement of maturity date
Financing Receivable, Modifications [Line Items]
Number of Loans | loan	1	0
Pre-Modification Outstanding Recorded Investment	$ 2,004	$ 0
Post-Modification Outstanding Recorded Investment	$ 2,004	$ 0

Loans Receivable_ Financing R59

Loans Receivable: Financing Receivables, Summary of loans by type and risk category (Details) - USD ($) $ in Thousands		Dec. 31, 2015		Dec. 31, 2014
Financing Receivable, Net	[1],[2]	$ 697,416	[3]	$ 677,033	[4]
Pass
Financing Receivable, Net	[2]	686,301		650,758
Special Mention
Financing Receivable, Net	[2]	7,837		16,102
Substandard
Financing Receivable, Net	[2]	3,278		10,173
One-to-four family residential
Financing Receivable, Net		253,772		273,565
One-to-four family residential | Pass
Financing Receivable, Net		247,239		263,094
One-to-four family residential | Special Mention
Financing Receivable, Net		3,840		4,157
One-to-four family residential | Substandard
Financing Receivable, Net		2,693		6,314
Multifamily
Financing Receivable, Net		133,388	[2],[3]	120,271	[1],[4]
Multifamily | Pass
Financing Receivable, Net		133,388		116,891
Multifamily | Special Mention
Financing Receivable, Net		0		1,416
Multifamily | Substandard
Financing Receivable, Net		0		1,964
Commercial Real Estate
Financing Receivable, Net		252,501	[2],[3]	247,968	[1],[4]
Commercial Real Estate | Pass
Financing Receivable, Net		248,196		235,841
Commercial Real Estate | Special Mention
Financing Receivable, Net		3,809		10,529
Commercial Real Estate | Substandard
Financing Receivable, Net		496		1,598
Construction Land Development
Financing Receivable, Net		43,172	[2],[3]	24,316	[1],[4]
Construction Land Development | Pass
Financing Receivable, Net		43,172		24,316
Construction Land Development | Special Mention
Financing Receivable, Net		0		0
Construction Land Development | Substandard
Financing Receivable, Net		0		0
Business
Financing Receivable, Net		7,604	[2],[3]	3,783	[1],[4]
Business | Pass
Financing Receivable, Net		7,604		3,783
Consumer
Financing Receivable, Net		6,979	[2],[3]	7,130	[1],[4]
Consumer | Pass
Financing Receivable, Net		6,702		6,833
Consumer | Special Mention
Financing Receivable, Net		188		0
Consumer | Substandard
Financing Receivable, Net		$ 89		$ 297
[1]	Net of LIP.
[2]	{F|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOjRjYzNlNDk4ODZiNjRhMmM4ZjM0YjEwODBmYzY5MzczfFRleHRTZWxlY3Rpb246MkI3REU1RDdFMTMyOTQ0NTNGQjAxNDYyMjIzQzk0OTQM}
[3]	{F|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOjRjYzNlNDk4ODZiNjRhMmM4ZjM0YjEwODBmYzY5MzczfFRleHRTZWxlY3Rpb246QjdCNDk3QjgwRjA0MzgyMjU1RTgxNDYyMjIzQzU2MzcM}
[4]	{F|ahBzfndlYmZpbGluZ3MtaHJkcmoLEgZYTUxEb2MiXlhCUkxEb2NHZW5JbmZvOjRjYzNlNDk4ODZiNjRhMmM4ZjM0YjEwODBmYzY5MzczfFRleHRTZWxlY3Rpb246MEM3RjMyMzY4MkVENTBBMzJEQjUxNDYyMjIzQzM1ODgM}

Loans Receivable Loans Receiv60

Loans Receivable Loans Receivable: Rollforward of Loans with Related Parties (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Loans with Related Parties Rollforward
Balance at beginning of year	$ 138	$ 548	$ 498
Additions	0	0	353
Repayments	(20)	(410)	(303)
Balance at end of year	$ 118	$ 138	$ 548

Other Real Estate Owned - Other

Other Real Estate Owned - Other Real Estate, Roll Forward (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Other Real Estate [Roll Forward]
Balance at beginning of year	$ 9,283	$ 11,465	$ 17,347
Loans transferred to OREO	141	1,823	6,485
Capitalized (reimbursed) improvements	0	120	75
Gross proceeds from sale of OREO	(6,246)	(3,646)	(13,151)
Other Real Estate, Gain (loss) on Disposals	526	(86)	1,112
Market value adjustments	(41)	(393)	(403)
Balance at end of year	$ 3,663	$ 9,283	$ 11,465

Other Real Estate Owned (Detail

Other Real Estate Owned (Details) - USD ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Other Real Estate	$ 3,663,000	$ 9,283,000	$ 11,465,000	$ 17,347,000
Construction Land Development
Other Real Estate	173,000
Commercial Real Estate
Other Real Estate	$ 3,500,000

Premises and Equipment (Details

Premises and Equipment (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Property, Plant and Equipment
Property, plant and equipment, gross	$ 25,881,000	$ 24,109,000
Less accumulated depreciation and amortization	(8,174,000)	(7,375,000)
Property, plant and equipment, net	17,707,000	16,734,000
Depreciation of premises and equipment	809,000	755,000	$ 799,000
Land
Property, Plant and Equipment
Property, plant and equipment, gross	1,914,000	1,914,000
Buildings and improvements
Property, Plant and Equipment
Property, plant and equipment, gross	17,820,000	17,820,000
Leasehold Improvements [Member]
Property, Plant and Equipment
Property, plant and equipment, gross	391,000
Furniture, fixtures and equipment
Property, Plant and Equipment
Property, plant and equipment, gross	3,638,000	3,399,000
Computer Equipment [Member]
Property, Plant and Equipment
Property, plant and equipment, gross	1,883,000	969,000
Construction in Progress [Member]
Property, Plant and Equipment
Property, plant and equipment, gross	$ 235,000	$ 7,000

Fair Value_ Schedule of Fair Va

Fair Value: Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	$ 129,565	$ 120,374
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	129,565	120,374
Mortgage-backed investments, Fannie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	50,321	40,916
Mortgage-backed investments, Fannie Mae | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	50,321	40,916
Mortgage-backed investments, Freddie Mac
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	26,137	21,946
Mortgage-backed investments, Freddie Mac | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	26,137	21,946
Mortgage-backed investments, Ginnie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	13,732	26,013
Mortgage-backed investments, Ginnie Mae | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	13,732	26,013
Municipal Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	12,064	644
Municipal Bonds | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	12,064	644
US Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	13,542	16,816
US Government agencies | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	13,542	16,816
Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	13,769	14,039
Corporate Bonds | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	$ 13,769	$ 14,039

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 ($)	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
OREO, Fair Value	$ 3,663,000	$ 9,283,000	$ 11,465,000	$ 17,347,000
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans (included in loans receivable, net), recorded investment	42,557,000	54,444,000
OREO, Fair Value	3,663,000	9,283,000
Total, Fair Value	46,220,000	63,727,000
Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans (included in loans receivable, net), recorded investment	42,557,000	54,444,000
OREO, Fair Value	3,663,000	9,283,000
Total, Fair Value	46,220,000	63,727,000
Impaired loans (included in loans receivable, net), Fair Value	$ 732,000	$ 1,200,000

Fair Value_ Schedule of quantit

Fair Value: Schedule of quantitative information about Level 3 Fair Value Measurements on a nonrecurring basis (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Other Real Estate	$ 3,663,000	$ 9,283,000	$ 11,465,000	$ 17,347,000
Level 3
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Impaired Financing Receivable, Recorded Investment	42,557,000	54,444,000
Other Real Estate	3,663,000	9,283,000
Impaired Loans Receivable and other real estate owned Fair Value Measurement	46,220,000	63,727,000
Level 3 | Market Approach Valuation Technique | Loans Receivable
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair Value	$ 42,557,000	$ 54,365,000
Unobservable Input(s)	Appraised value discounted by market or borrower conditions	Appraised value discounted by market or borrower conditions
Level 3 | Market Approach Valuation Technique | Loans Receivable | Minimum
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of financial instruments, range	0.00%	0.00%
Level 3 | Market Approach Valuation Technique | Loans Receivable | Maximum
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of financial instruments, range	2.10%	45.80%
Level 3 | Market Approach Valuation Technique | Loans Receivable | Weighted Average
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of financial instruments, range	0.30%	2.20%
Level 3 | Market Approach Valuation Technique | Other Real Estate Owned
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair Value	$ 3,663,000	$ 9,283,000
Unobservable Input(s)	Appraised value less selling costs	Appraised value less selling costs
Level 3 | Market Approach Valuation Technique | 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%
Level 3 | Market Approach Valuation Technique | Other Real Estate Owned | Maximum
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of financial instruments, range	13.60%	19.40%
Level 3 | Market Approach Valuation Technique | Other Real Estate Owned | Weighted Average
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of financial instruments, range	1.00%	3.30%
Fair Value, Measurements, Nonrecurring [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Impaired Financing Receivable, Related Allowance	$ 732,000	$ 1,200,000
Impaired Financing Receivable, Recorded Investment	42,557,000	54,444,000
Other Real Estate	3,663,000	9,283,000
Impaired Loans Receivable and other real estate owned Fair Value Measurement	$ 46,220,000	$ 63,727,000

Fair Value_ Fair Value, by Bala

Fair Value: Fair Value, by Balance Sheet Grouping (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments available-for-sale	$ 129,565	$ 120,374
FHLB stock	6,137	6,745
Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash on hand and in banks	5,713	5,920
Interest-earning deposits	99,998	98,129
Investments available-for-sale	129,565	120,374
Loans receivable, net	685,072	663,938
FHLB stock	6,137	6,745
Accrued interest receivable	2,968	3,265
Deposits	285,416	201,539
Certificates of deposit, retail	323,840	358,159
Certificates of deposit, brokered	66,151
Advances from the FHLB	125,500	135,500
Accrued interest payable	135	142
Estimated Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash on hand and in banks	5,713	5,920
Interest-earning deposits	99,998	98,129
Investments available-for-sale	129,565	120,374
Loans receivable, net	693,480	678,676
FHLB stock	6,137	6,745
Accrued interest receivable	2,968	3,265
Deposits	285,416	201,539
Certificates of deposit, retail	324,135	359,049
Certificates of deposit, brokered	66,947
Advances from the FHLB	125,466	135,392
Accrued interest payable	135	142
Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash on hand and in banks	5,713	5,920
Interest-earning deposits	99,998	98,129
Investments available-for-sale	0	0
Loans receivable, net	0	0
FHLB stock	0	0
Accrued interest receivable	0	0
Deposits	285,416	201,539
Certificates of deposit, retail	0	0
Advances from the FHLB	0	0
Accrued interest payable	0	0
Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash on hand and in banks	0	0
Interest-earning deposits	0	0
Investments available-for-sale	129,565	120,374
Loans receivable, net	0	0
FHLB stock	6,137	6,745
Accrued interest receivable	2,968	3,265
Deposits	0	0
Certificates of deposit, retail	324,135	359,049
Certificates of deposit, brokered	66,947
Advances from the FHLB	125,466	135,392
Accrued interest payable	135	142
Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash on hand and in banks	0	0
Interest-earning deposits	0	0
Investments available-for-sale	0	0
Loans receivable, net	693,480	678,676
FHLB stock	0	0
Accrued interest receivable	0	0
Deposits	0	0
Certificates of deposit, retail	0	0
Advances from the FHLB	0	0
Accrued interest payable	$ 0	$ 0

Accrued Interest Receivable (De

Accrued Interest Receivable (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Accounts, Notes, Loans and Financing Receivable
Interest Receivable	$ 2,968	$ 3,265
Loans receivable
Accounts, Notes, Loans and Financing Receivable
Interest Receivable	2,467	2,879
Investments
Accounts, Notes, Loans and Financing Receivable
Interest Receivable	493	382
Interest-earning deposits
Accounts, Notes, Loans and Financing Receivable
Interest Receivable	$ 8	$ 4

Deposits - Components of Deposi

Deposits - Components of Deposits (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Deposits [Abstract]
Noninterest-bearing	$ 29,392	$ 14,354
NOW	16,261	20,752
Statement savings	28,327	23,901
Money market	211,436	142,532
Certificates of deposit, retail	323,840	358,159
Certificates of deposit, brokered	66,151	54,429
Total deposits	$ 675,407	$ 614,127

Deposits - Maturities of Certif

Deposits - Maturities of Certificates of Deposit (Details) $ in Thousands	Dec. 31, 2015USD ($)
Deposits [Abstract]
2,015	$ 134,663
2,016	88,147
2,017	66,726
2,018	82,203
2,019	12,174
Thereafter	6,078
Time Deposits	$ 389,991

Deposits - Narrative (Details)

Deposits - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Deposits [Abstract]
Deposits, public funds	$ 16,000,000	$ 15,900,000
Time Deposits at or Above FDIC Insurance Limit	72,500,000	79,800,000
Interest Expense, Time Deposits, at or Above FDIC Insurance Limit	769,000	821,000	$ 1,200,000
Deposits controlled by management, members of the Board of Directors and related entities	$ 1,800,000	$ 2,700,000

Deposits - Interest Expense on

Deposits - Interest Expense on Deposit Liabilities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Deposits [Abstract]
NOW	$ 18	$ 23	$ 30
Statement savings	40	30	31
Money market	603	311	291
Certificates of deposit, retail	3,574	4,388	6,442
Certificates of deposit, brokered	1,243	311	0
Interest expense, deposits	$ 5,478	$ 5,063	$ 6,794

Other Borrowings (Details)

Other Borrowings (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Maximum line of credit with FHLB	$ 342,500	$ 227,300
Outstanding advances from FHLB	$ 125,500	$ 135,500
Federal Home Loan Bank, Advances, Weighted Average Interest Rate	0.97%	0.95%
Unused credit facility with another financial institution	$ 35,000
Single Family Residential Mortgages
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Investments pledged as collateral for FHLB advances	162,800	$ 171,700
Commercial Real Estate
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Investments pledged as collateral for FHLB advances	134,100	105,800
Mulitfamily Loans Under Blanket Lien Arrangement
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Investments pledged as collateral for FHLB advances	68,200	$ 74,200
Zero Point Eight One Percent Advance Maturing Due March Two Thousand Sixteen [Member] [Domain] [Domain] [Domain]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Outstanding advances from FHLB	$ 34,000
Advances, Fixed Interest Rate	0.81%
Zero Point Seventy Percent Advance Maturing Due May Two Thousand Sixteen [Member] [Domain] [Domain] [Domain] [Domain]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Outstanding advances from FHLB	$ 20,000
Advances, Fixed Interest Rate	0.70%
One Point Zero Two Percent Advance Maturing Due October Two Thousand Sixteen [Member] [Domain]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Outstanding advances from FHLB	$ 10,000
Advances, Fixed Interest Rate	1.02%
Zero Point Eight Four Percent Advance Maturing Due November Two Thousand Sixteen [Member] [Domain]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Outstanding advances from FHLB	$ 20,000
Advances, Fixed Interest Rate	0.84%
Zero Point Eight Seven Percent Advance Maturing Due April Two Thousand Seventeen [Member] [Domain]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Outstanding advances from FHLB	$ 20,000
Advances, Fixed Interest Rate	0.87%
One Point Seven Six Percent Advance Maturing Due November Two Thousand Eighteen [Member] [Domain]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Outstanding advances from FHLB	$ 6,500
Advances, Fixed Interest Rate	1.52%
One Point five Two Percent Advance Due June Two Thousand Eighteen [Domain]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Outstanding advances from FHLB	$ 5,000
Advances, Fixed Interest Rate	1.76%
One Point Seven Zero Percent Advance Due May Two Thousand Nineteen [Domain] [Domain]
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Outstanding advances from FHLB	$ 10,000
Advances, Fixed Interest Rate	1.70%

Benefit Plans Multiemployer Pen

Benefit Plans Multiemployer Pension Plans (Details) - USD ($)	Nov. 28, 2014	Sep. 25, 2014	Dec. 20, 2013	Dec. 05, 2013	Sep. 18, 2013	Dec. 04, 2012	Oct. 29, 2012	Nov. 22, 2011	Dec. 31, 2015		Dec. 31, 2014	Jun. 30, 2014	Dec. 31, 2013	Jun. 30, 2012
Multiemployer Plans [Line Items]
First Financial Northwest's Plan(1)									102.80%	[1]	105.30%
Deferred compensation expense									$ 101,000		$ 170,000		$ 159,000
Pentegra DB Plan
Multiemployer Plans [Line Items]
Contributions by employer		$ 540,000,000		$ 539,932,000	$ 8,735,000	$ 43,979,000	$ 26,328,000	$ 159,080,000	$ 540,000,000		$ 548,667,000		$ 229,387,000
Multiemployer Plans, Pension | Pentegra DB Plan
Multiemployer Plans [Line Items]
Assumptions used calculating net periodic benefit cost									6.28%		6.49%
Maximum contribution rate									5.00%
Total contributions made to plan												$ 190,800,000		$ 136,500,000
[1]	Market value of plan assets reflects any contributions received through June 30, 2015, or 2014, respectively.

Benefit Plans 401(K) Plan (Deta

Benefit Plans 401(K) Plan (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Compensation and Retirement Disclosure [Abstract]
Number of days of continuous employment to be eligible	90 days
Maximum annual contribution by employee	6.00%
Employer match	50.00%
Contributions by employer	$ 192,000	$ 161,000	$ 155,000

Benefit Plans Employee Stock Ow

Benefit Plans Employee Stock Ownership Plans (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Compensation and Retirement Disclosure [Abstract]
ESOP contribution expense	$ 1,400	$ 1,216	$ 1,087
Dividends on unallocated ESOP shares used to reduce ESOP contribution	$ 210	$ 197	$ 132
Allocated shares	931,040	818,187
Unallocated shares	761,760	874,613
Total ESOP shares	1,692,800	1,692,800
Fair value of unallocated shares	$ 10,634	$ 10,530
Textuals [Abstract]
Amount borrowed by ESOP	$ 16,900
Shares acquired by ESOP	1,692,800
Price per share of shares acquired by ESOP	$ 10
Fixed interest rate ESOP debt	4.88%
Principal and interest payments from ESOP	$ 1,600	$ 1,600

Benefit Plans Stock-Based Compe

Benefit Plans Stock-Based Compensation - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012
Total compensation expense	$ 440,000	$ 384,000	$ 1,400,000
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award, Description	The Plan authorized the grant of stock options amounting to 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.
Share-based Compensation Arrangement by Share-based Payment	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 ten 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.
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award, Description	The Plan authorized 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 value 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.
First Financial Northwest, Inc. 2008 Equity Incentive Plan
Compensation expense, related tax benefit	$ 154,070	$ (134,000)	$ 496,000
First Financial Northwest, Inc. 2008 Equity Incentive Plan | Stock Options
Stock options granted (shares)	2,285,280
Award vesting period	5 years
Percentage vesting per annum	20.00%
Contractual life	10 years
Number of shares remaining for grant	591,756
Unrecognized compensation cost	$ 926,000
Unrecognized compensation cost recognition period	3 years 7 months 13 days
First Financial Northwest, Inc. 2008 Equity Incentive Plan | Restricted Stock
Stock options granted (shares)	914,112
Award vesting period	5 years
Percentage vesting per annum	20.00%
Number of shares remaining for grant	74,478
Unrecognized compensation cost	$ 358,000
Unrecognized compensation cost recognition period	2 years
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Total Fair Value	$ 212,000			$ 212,000

Benefit Plans Fair Value Assump

Benefit Plans Fair Value Assumptions and Methodology (Details) - First Financial Northwest, Inc. 2008 Equity Incentive Plan - Stock Options - $ / shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Fair Value, Option, Methodology and Assumptions	Black-Scholes model
Annual dividend yield	1.77%	1.86%	1.35%
Expected volatility	35.30%	37.27%	34.05%
Risk-free interest rate	2.23%	2.44%	2.18%
Expected term	10 years	10 years	8 years 1 month
Weighted-average grant date fair value per option granted	$ 4.74	$ 4.13	$ 3.70

Benefit Plans Disclosure of Sha

Benefit Plans Disclosure of Share-based Compensation Arrangements by Share-based Payment Award (Details)	12 Months Ended
	Dec. 31, 2015USD ($)$ / sharesshares	Dec. 31, 2014USD ($)$ / sharesshares	Dec. 31, 2013$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Exercised	(125,000)	(369,275)	(314,989)
First Financial Northwest, Inc. 2008 Equity Incentive Plan | Stock Options
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding at beginning balance	929,260
Granted	80,000
Exercised	(125,000)
Outstanding at ending balance	884,260	929,260
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	$ 9.51
Granted | $ / shares	12.98
Exercised | $ / shares	7.48
Outstanding ending balance, Weighted Average Exercise Price | $ / shares	$ 10.11	$ 9.51
Share-based Compensations Arrangement by Share-based Payment Award, Options Outstanding, Weighted Average Remaining Contractual Term [Roll Forward]
Outstanding ending balance, Weighted Average Remaining Contractual Term	4 years 11 months 5 days
Share Based Compensation, Stock Option Plan, Additional Disclosures [Abstract]
Outstanding beginning balance, Agregate Intrinsic Value | $	$ 0
Exercised | $	0
Outstanding ending balance, Agregate Intrinsic Value | $	$ 3,403,707	$ 0
Expected to Vest, Shares	876,400
Expected to Vest, Weighted Average Exercise Price | $ / shares	$ 10.10
Expected to Vest, Weighted Average Remaining Contracutal Term in Years	4 years 10 months 24 days
Expected to Vest, Aggregate Intrinsic Value | $	$ 3,380,786
Exercisable ending balance, Shares	622,260
Exercisable ending balance, Weighted Average Exercise Price	9.72
Exercisable ending balance, Weighted Average Remaining Contracutal Term in Years	3 years 5 months 16 days
Exercisable ending balance, Aggregate Intrinsic Value | $	$ 2,639,687
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, Shares	75,600	103,400	244,847
Granted, Shares			25,000
Vested, Shares	(27,800)	(27,800)	(156,047)
Forfeited, Shares			(10,400)
Nonvested ending balance, Shares	47,800	75,600	103,400
Expected to vest assuming a 3% forfeiture rate over the vesting term, Shares	46,366
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	$ 8.24	$ 8.95
Granted, Weighted-Average Grant Date Fair Value | $ / shares			10.88
Vested, Weighted-Average Grant Date Fair Value | $ / shares	7.64	7.64	9.72
Forfeited, Weighted-Average Grant Date Fair Value | $ / shares			9.12
Nonvested ending balance, Weighted-Average Grant Date Fair Value | $ / shares	$ 8.95	$ 8.47	$ 8.24

Federal Income Taxes (Details)

Federal Income Taxes (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Tax Credit Carryforward [Line Items]
Federal statutory income tax rate	35.00%	35.00%
Unrecognized taxable temporary difference	$ 4.5
Alternative Minimum Tax Credit Carryforward
Tax Credit Carryforward [Line Items]
Tax credit carryforward	$ 1.4

Federal Income Taxes_ Component

Federal Income Taxes: Components of The Income Tax Provision (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Current	$ 717	$ 254	$ 199
Deferred	4,170	5,602	(13,742)
Total income tax expense (benefit)	$ 4,887	$ 5,856	$ (13,543)

Federal Income Taxes_ Reconcili

Federal Income Taxes: Reconciliation From Tax At the Statutory Rate to the Income Tax Provision (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Income tax expense at statutory rate	$ 4,917	$ 5,790	$ 3,823
Tax exempt interest, net	(38)	(8)	(21)
Change in valuation allowance	(112)	19	(17,329)
Benefit of lower federal tax bracket	(39)	0	0
Other, net	159	55	(16)
Total income tax expense (benefit)	$ 4,887	$ 5,856	$ (13,543)

Federal Income Taxes_ Deferred

Federal Income Taxes: Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Deferred tax assets:
Net operating loss carryforward	$ 0	$ 3,052	$ 7,441
Charitable contributions	7	2	27
ALLL	3,257	3,599	4,454
Reserve for unfunded commitments	187	128	121
Deferred compensation	646	688	698
Net unrealized loss on investments available for sale	0	0	463
Alternative minimum tax credit carryforward	1,375	1,939	1,685
Employee benefit plans	1,051	1,535	1,701
Net capital loss on investments	0	450	431
OREO market value adjustments	213	414	392
Accrued expenses	510	165	285
Deferred tax assets before valuation allowance	7,246	11,972	17,698
Valuation allowance	0	(450)	(431)
Total deferred tax assets	7,246	11,522	17,267
Deferred tax liabilities:
FHLB stock dividends	1,255	1,337	1,337
Loan origination fees and costs	870	744	592
Net unrealized gain on investments available for sale	44	432	0
Deferred Tax Liabilities, Property, Plant and Equipment	299	472	365
Other, net	222	199	138
Total deferred tax liabilities	2,690	3,184	2,432
Deferred tax assets, net	$ 4,556	$ 8,338	$ 14,835

Regulatory Capital Requiremen84

Regulatory Capital Requirements (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Capital	$ 121,237	$ 116,053
Capital to Risk Weighted Assets	17.62%	19.56%
Capital Required for Capital Adequacy	$ 55,058	$ 47,469
Capital Required for Capital Adequacy to Risk Weighted Assets	8.00%	8.00%
Capital Required to be Well Capitalized	$ 68,823	$ 59,336
Capital Required to be Well Capitalized to Risk Weighted Assets	10.00%	10.00%
Tier One Risk Based Capital	$ 112,613	$ 108,596
Tier One Risk Based Capital to Risk Weighted Assets	16.36%	18.30%
Tier One Risk Based Capital Required for Capital Adequacy	$ 41,294	$ 23,734
Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	6.00%	4.00%
Tier One Risk Based Capital Required to be Well Capitalized	$ 55,058	$ 35,602
Tier One Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets	8.00%	6.00%
Common Equity Tier One Capital	$ 112,613
Common Equity Tier One Capital to Risk Weighted Assets	16.36%
Common Equity Tier One Capital For Capital Adequacy	$ 30,970
Common Equity Tier one Capital to Risk Weighted Assets For Capital Adequacy	4.50%
Common Equity Tier One Capital to be Well Capitalized to Risk Weighted Assets	$ 44,735
Common Equity Tier One Capital to be Well Capitalized to Risk Weighted Assets	6.50%
Tier One Leverage Capital	$ 112,613	$ 108,596
Tier One Leverage Capital to Average Assets	11.61%	11.79%
Tier One Leverage Capital Required for Capital Adequacy	$ 38,787	$ 36,849
Tier One Leverage Capital Required for Capital Adequacy to Average Assets	4.00%	4.00%
Tier One Leverage Capital Required to be Well Capitalized	$ 48,484	$ 46,061
Tier One Leverage Capital Required to be Well Capitalized to Average Assets	5.00%	5.00%
Parent Company [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Capital	$ 179,551
Capital to Risk Weighted Assets	25.94%
Capital Required for Capital Adequacy	$ 55,369
Capital Required for Capital Adequacy to Risk Weighted Assets	8.00%
Capital Required to be Well Capitalized	$ 69,211
Capital Required to be Well Capitalized to Risk Weighted Assets	10.00%
Tier One Risk Based Capital	$ 170,877
Tier One Risk Based Capital to Risk Weighted Assets	24.69%
Tier One Risk Based Capital Required for Capital Adequacy	$ 41,527
Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	6.00%
Tier One Risk Based Capital Required to be Well Capitalized	$ 55,369
Tier One Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets	8.00%
Common Equity Tier One Capital	$ 170,877
Common Equity Tier One Capital to Risk Weighted Assets	24.69%
Common Equity Tier One Capital For Capital Adequacy	$ 31,145
Common Equity Tier one Capital to Risk Weighted Assets For Capital Adequacy	4.50%
Common Equity Tier One Capital to be Well Capitalized to Risk Weighted Assets	$ 44,987
Common Equity Tier One Capital to be Well Capitalized to Risk Weighted Assets	6.50%
Tier One Leverage Capital	$ 170,877
Tier One Leverage Capital to Average Assets	17.55%
Tier One Leverage Capital Required for Capital Adequacy	$ 38,952
Tier One Leverage Capital Required for Capital Adequacy to Average Assets	4.00%
Tier One Leverage Capital Required to be Well Capitalized	$ 48,484
Tier One Leverage Capital Required to be Well Capitalized to Average Assets	5.00%

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Millions	Dec. 31, 2015	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Committment to extend credit	$ 66.4	$ 43.9

Commitments and Contingencies L

Commitments and Contingencies Lease Commitments (Details) $ in Thousands	Dec. 31, 2015USD ($)
Commitments and Contingencies Disclosure [Abstract]
Operating Leases, Future Minimum Payments Due, Next Twelve Months	$ 107,000
Operating Leases, Future Minimum Payments, Due in Two Years	133,000
Operating Leases, Future Minimum Payments, Due in Three Years	140,000
Operating Leases, Future Minimum Payments, Due in Four Years	147,000
Operating Leases, Future Minimum Payments, Due in Five Years	140,000
Operating Leases, Future Minimum Payments, Due Thereafter	17,000
Operating Leases, Future Minimum Payments Due	$ 684,000

Parent Company Only Financial87

Parent Company Only Financial Statements Condensed Parent Company Only Balance Sheet (Details) - USD ($) $ in Thousands	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Condensed Financial Statements, Captions [Line Items]
Cash and cash equivalents	$ 5,713	$ 5,920
Interest-earning deposits with banks	99,998	98,129
Deferred tax assets, net	4,556	8,338	$ 14,835
Total assets	979,913	936,997
Other liabilities	6,404	4,109
Total liabilities	809,240	755,585
Total stockholders' equity	170,673	181,412
Total liabilities and stockholders' equity	979,913	936,997
Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Cash and cash equivalents	27	97
Interest-earning deposits with banks	50,311	64,374
Investment in subsidiaries	117,223	114,412
Receivable from subsidiaries	3,178	1,589
Deferred tax assets, net	23	1,124
Other assets	106	51
Total assets	170,868	181,647
Payable to subsidiaries	84	116
Other liabilities	111	119
Total liabilities	195	235
Total stockholders' equity	170,673	181,412
Total liabilities and stockholders' equity	$ 170,868	$ 181,647

Parent Company Only Financial88

Parent Company Only Financial Statements Condensed Parent Company Only Income Statement (Details) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Condensed Financial Statements, Captions [Line Items]
Interest-bearing deposits with banks													$ 274	$ 115	$ 79
Total interest income	$ 9,464	$ 9,358	$ 9,221	$ 9,154	$ 9,606	$ 9,736	$ 9,695	$ 9,652	$ 9,768	$ 9,549	$ 9,684	$ 9,538	37,197	38,689	38,539
Total interest expense	1,772	1,694	1,653	1,632	1,609	1,517	1,517	1,598	1,694	1,804	1,879	2,149	6,751	6,241	7,526
Loss before provision for federal income taxes and equity in undistributed earnings of subsidiaries	3,643	3,430	3,551	3,423	4,584	4,197	3,664	4,098	4,276	2,477	2,554	1,615	14,047	16,543	10,922
Federal income tax provision (benefit)	1,526	984	1,183	1,194	1,644	1,462	1,297	1,453	342	(135)	(13,809)	59	4,887	5,856	(13,543)
Net income	$ 2,117	$ 2,446	$ 2,368	$ 2,229	$ 2,940	$ 2,735	$ 2,367	$ 2,645	$ 3,934	$ 2,612	$ 16,363	$ 1,556	9,160	10,687	24,465
Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Interest-bearing deposits with banks													143	26	27
Other Income													2	8	12
Total interest income													145	34	39
Total interest expense													1,440	1,475	1,756
Loss before provision for federal income taxes and equity in undistributed earnings of subsidiaries													(1,295)	(1,441)	(1,717)
Federal income tax provision (benefit)													(601)	(573)	(619)
Loss before equity in undistributed loss of subsidiaries													(694)	(868)	(1,098)
Equity in undistributed earnings of subsidiaries													9,854	11,555	25,563
Net income													$ 9,160	$ 10,687	$ 24,465

Parent Company Only Financial89

Parent Company Only Financial Statements Condensed Parent Company Only Cash Flows (Details) - USD ($) $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Condensed Financial Statements, Captions [Line Items]
Net income	$ 2,117	$ 2,446	$ 2,368	$ 2,229	$ 2,940	$ 2,735	$ 2,367	$ 2,645	$ 3,934	$ 2,612	$ 16,363	$ 1,556	$ 9,160	$ 10,687	$ 24,465
ESOP, stock options, and restricted stock compensation													440	384	1,416
Change in deferred tax assets, net													4,170	5,602	(13,742)
Change in other assets													270	(567)	1,558
Changes in other liabilities													2,295	484	(685)
Net cash provided by operating activities													16,715	18,585	15,205
Net cash provided in investing activities													(45,314)	28,220	(2,611)
Proceeds from stock options exercises													935	3,611	3,023
Repurchase and retirement of common stock													(18,717)	(17,566)	(28,090)
Dividends paid													(3,237)	(2,938)	(1,895)
Net cash provided by (used by) financing activities													30,261	1,669	(44,760)
Net increase (decrease) in cash													1,662	48,474	(32,166)
Cash and cash equivalents at beginning of year				104,049				55,575				87,741	104,049	55,575	87,741
Cash and cash equivalents at end of year	105,711				104,049				55,575				105,711	104,049	55,575
Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Net income													9,160	10,687	24,465
Equity in undistributed earnings of subsidiaries													(9,854)	(11,555)	(25,563)
Dividends received from subsidiary													6,785	72,300	14,491
ESOP, stock options, and restricted stock compensation													0	13	48
Change in deferred tax assets, net													1,101	(540)	(584)
Change in receivables from subsidiaries													(1,608)	8	(12)
Change in payables to subsidiaries													(32)	50	66
Change in other assets													(55)	(16)	119
Changes in other liabilities													(8)	(130)	(38)
Net cash provided by operating activities													5,489	70,817	12,992
Investments in subsidiaries													0	0	71
ESOP loan repayment													1,115	1,054	1,011
Net cash provided in investing activities													1,115	1,054	1,082
Proceeds from stock options exercises													935	3,611
Proceeds for vested awards													282	282	1,508
Repurchase and retirement of common stock													(18,717)	(17,566)	(28,090)
Dividends paid													(3,237)	(2,938)	(1,895)
Net cash provided by (used by) financing activities													(20,737)	(16,611)	(25,454)
Net increase (decrease) in cash													(14,133)	55,260	(11,380)
Cash and cash equivalents at beginning of year				$ 64,471				$ 9,211				$ 20,591	64,471	9,211	20,591
Cash and cash equivalents at end of year	$ 50,338				$ 64,471				$ 9,211				$ 50,338	$ 64,471	$ 9,211

Earnings Per Share_ Schedule 90

Earnings Per Share: Schedule of Earnings Per Share Reconciliation (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Earnings Per Share [Abstract]
Net income	$ 2,117	$ 2,446	$ 2,368	$ 2,229	$ 2,940	$ 2,735	$ 2,367	$ 2,645	$ 3,934	$ 2,612	$ 16,363	$ 1,556	$ 9,160	$ 10,687	$ 24,465
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic													(31)	(52)	(150)
Earnings allocated to common shareholders													$ 9,129	$ 10,635	$ 24,315
Basic weighted-average common shares outstanding													13,528,393	14,747,086	16,580,882
Dilutive effect of stock options													136,670	116,624	28,985
Dilutive effect of restricted stock grants													20,919	23,488	0
Diluted weighted-average common shares outstanding													13,685,982	14,887,198	16,609,867
Basic earnings (loss) per share (usd per share)	$ 0.16	$ 0.18	$ 0.17	$ 0.16	$ 0.20	$ 0.19	$ 0.16	$ 0.17	$ 0.25	$ 0.16	$ 0.96	$ 0.09	$ 0.67	$ 0.72	$ 1.47
Diluted earnings (loss) per share (usd per share)	$ 0.16	$ 0.18	$ 0.17	$ 0.16	$ 0.20	$ 0.19	$ 0.16	$ 0.17	$ 0.25	$ 0.16	$ 0.95	$ 0.09	$ 0.67	$ 0.71	$ 1.46

Earnings Per Share (Details)

Earnings Per Share (Details) - shares	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share	225,000	205,000	1,311,433

Summarized Consolidated Quart92

Summarized Consolidated Quarterly Financial Data (Unaudited) (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended												12 Months Ended
	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2014	Sep. 30, 2014	Jun. 30, 2014	Mar. 31, 2014	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Quarterly Financial Data [Abstract]
Total interest income	$ 9,464	$ 9,358	$ 9,221	$ 9,154	$ 9,606	$ 9,736	$ 9,695	$ 9,652	$ 9,768	$ 9,549	$ 9,684	$ 9,538	$ 37,197	$ 38,689	$ 38,539
Total interest expense	1,772	1,694	1,653	1,632	1,609	1,517	1,517	1,598	1,694	1,804	1,879	2,149	6,751	6,241	7,526
Net interest income	7,692	7,664	7,568	7,522	7,997	8,219	8,178	8,054	8,074	7,745	7,805	7,389	30,446	32,448	31,013
Recapture of provision for loan losses	(900)	(700)	(500)	(100)	(1,200)	(300)	(100)	(500)	(200)	0	100	0	(2,200)	(2,100)	(100)
Net interest income after recapture of provision for loan losses	8,592	8,364	8,068	7,622	9,197	8,519	8,278	8,554	8,274	7,745	7,705	7,389	32,646	34,548	31,113
Total noninterest income	384	447	357	91	156	186	88	68	512	120	155	104	1,279	498	891
Total noninterest expense	5,333	5,381	4,874	4,290	4,769	4,508	4,702	4,524	4,510	5,388	5,306	5,878	19,878	18,503	21,082
Income before provision for income taxes	3,643	3,430	3,551	3,423	4,584	4,197	3,664	4,098	4,276	2,477	2,554	1,615	14,047	16,543	10,922
Provision for federal income tax expense	1,526	984	1,183	1,194	1,644	1,462	1,297	1,453	342	(135)	(13,809)	59	4,887	5,856	(13,543)
Net income	$ 2,117	$ 2,446	$ 2,368	$ 2,229	$ 2,940	$ 2,735	$ 2,367	$ 2,645	$ 3,934	$ 2,612	$ 16,363	$ 1,556	$ 9,160	$ 10,687	$ 24,465
Basic earnings (loss) per share (usd per share)	$ 0.16	$ 0.18	$ 0.17	$ 0.16	$ 0.20	$ 0.19	$ 0.16	$ 0.17	$ 0.25	$ 0.16	$ 0.96	$ 0.09	$ 0.67	$ 0.72	$ 1.47
Diluted earnings (loss) per share (usd per share)	$ 0.16	$ 0.18	$ 0.17	$ 0.16	$ 0.20	$ 0.19	$ 0.16	$ 0.17	$ 0.25	$ 0.16	$ 0.95	$ 0.09	$ 0.67	$ 0.71	$ 1.46