First Financial Northwest (FFNW) 10-Q 8 Nov 16 2016 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2016	Nov. 03, 2016
Document and Entity Information
Entity Registrant Name	First Financial Northwest, Inc.
Document Type	10-Q
Document Period End Date	Sep. 30, 2016
Amendment Flag	false
Entity Central Index Key	1,401,564
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		10,931,431
Entity Filer Category	Accelerated Filer
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	Q3

FIRST FINANCIAL NORTHWEST, INC.

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Assets
Cash on hand and in banks	$ 5,803	$ 5,713
Interest-earning deposits with banks	26,708	99,998
Investments available-for-sale, at fair value	133,865	129,565
Loans receivable, net of allowance of $11,006 and $9,463	845,930	685,072
Federal Home Loan Bank (FHLB) stock, at cost	10,031	6,137
Accrued interest receivable	3,378	2,968
Deferred tax assets, net	3,053	4,556
Other real estate owned (OREO)	2,331	3,663
Premises and equipment, net	18,296	17,707
Bank Owned Life Insurance	23,950	23,309
Prepaid expenses and other assets	1,353	1,225
Total assets	1,074,698	979,913
Liabilities and Stockholders' Equity
Noninterest-bearing deposits	659,111	646,015
Interest-bearing deposits	33,060	29,392
Total deposits	692,171	675,407
FHLB Advances	221,500	125,500
Advance payments from borrowers for taxes and insurance	3,752	1,794
Accrued interest payable	116	135
Other liabilities	6,105	6,404
Total liabilities	923,644	809,240
Commitments and contingencies
Stockholders' Equity
Preferred stock, $0.01 par value; authorized 10,000,000 shares; no shares issued or outstanding	0	0
Common stock, $0.01 par value; authorized 90,000,000 shares; issued and outstanding 11,898,149 shares at September 30, 2016, and 13,768,814 shares at December 31, 2015	119	138
Additional paid-in capital	111,066	136,338
Retained earnings, substantially restricted	46,569	42,892
Accumulated other comprehensive gain (loss), net of tax	71	(1,077)
Unearned Employee Stock Ownership Plan (ESOP) shares	(6,771)	(7,618)
Total stockholders' equity	151,054	170,673
Total liabilities and stockholders' equity	$ 1,074,698	$ 979,913

FIRST FINANCIAL NORTHWEST, INC3

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Assets
Loans receivable allowance for loan losses	$ 11,006	$ 9,463
Stockholders' Equity
Preferred stock par value per share (in usd per share)	$ 0.01	$ 0.01
Preferred stock shares authorized (in shares)	10,000,000	10,000,000
Preferred stock shares issued (in shares)	0	0
Preferred stock shares outstanding (in shares)	0	0
Common stock par value per share (in usd per share)	$ 0.01	$ 0.01
Common stock shares authorized (in shares)	90,000,000	90,000,000
Common stock shares issued (in shares)	11,898,149	13,768,814
Common stock shares outstanding (in shares)	11,898,149	13,768,814

FIRST FINANCIAL NORTHWEST, INC4

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED INCOME STATEMENTS - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Interest income
Loans, including fees	$ 9,967,000	$ 8,698,000	$ 27,742,000	$ 25,932,000
Investments available-for-sale	792,000	578,000	2,224,000	1,585,000
Interest-earning deposits	38,000	67,000	198,000	196,000
Dividends on FHLB stock	45,000	15,000	136,000	20,000
Total interest income	10,842,000	9,358,000	30,300,000	27,733,000
Interest expense
Deposits	1,545,000	1,369,000	4,469,000	4,016,000
FHLB advances	363,000	325,000	933,000	963,000
Total interest expense	1,908,000	1,694,000	5,402,000	4,979,000
Net interest income	8,934,000	7,664,000	24,898,000	22,754,000
(Recapture of provision) provision for loan losses	900,000	(700,000)	1,400,000	(1,300,000)
Net interest income after provision (recapture of provision) for loan losses	8,034,000	8,364,000	23,498,000	24,054,000
Noninterest income
Gain (Loss) on Sale of Investments	33,000	85,000	33,000	85,000
Bank Owned Life Insurance Income	251,000	213,000	641,000	369,000
Brokerage Commissions Revenue	165,000	41,000	656,000	64,000
Other	224,000	108,000	531,000	377,000
Total noninterest income	673,000	447,000	1,861,000	895,000
Noninterest expense
Salaries and employee benefits	3,821,000	3,488,000	11,436,000	10,153,000
Occupancy and equipment	467,000	387,000	1,463,000	1,039,000
Professional fees	458,000	472,000	1,487,000	1,284,000
Data processing	259,000	176,000	700,000	523,000
Loss (Gain) on sale of OREO property, net	0	0	87,000	(531,000)
OREO market value adjustments	0	0	257,000	5,000
OREO related (reimbursements) expenses, net	(11,000)	24,000	(45,000)	17,000
Regulatory assessments	82,000	119,000	319,000	351,000
Insurance and bond premiums	86,000	89,000	260,000	270,000
Marketing	67,000	103,000	145,000	190,000
Other general and administrative	25,000	523,000	990,000	1,244,000
Total noninterest expense	5,254,000	5,381,000	17,099,000	14,545,000
Income before federal income tax provision	3,453,000	3,430,000	8,260,000	10,404,000
Federal income tax provision	847,000	984,000	2,389,000	3,361,000
Net income	$ 2,606,000	$ 2,446,000	$ 5,871,000	$ 7,043,000
Earnings per common share
Basic earnings per share (in dollars per share)	$ 0.22	$ 0.18	$ 0.47	$ 0.51
Diluted earnings per share (in dollars per share)	$ 0.22	$ 0.18	$ 0.47	$ 0.51
Weighted average number of common shares outstanding
Basic shares outstanding (in shares)	11,859,683	13,372,573	12,329,815	13,719,522
Diluted shares outstanding (in shares)	12,011,952	13,528,322	12,481,379	13,878,549

FIRST FINANCIAL NORTHWEST, INC5

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Statement of Comprehensive Income [Abstract]
Net income	$ 2,606	$ 2,446	$ 5,871	$ 7,043
Other comprehensive income, before tax:
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, before Tax	(509)	205	1,800	(65)
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Tax	178	(72)	(631)	22
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Net of Tax	(33)	(85)	(33)	(85)
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI for Sale of Securities, Tax	12	30	12	30
Other comprehensive (loss) income, net of tax	(352)	78	1,148	(98)
Total comprehensive income	$ 2,254	$ 2,524	$ 7,019	$ 6,945

FIRST FINANCIAL NORTHWEST, INC6

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Income (Loss), net of tax	Unearned ESOP Shares	Parent [Member]
Net Income (Loss) Attributable to Parent	$ 7,043
Balances at beginning of period (in shares) at Dec. 31, 2014	15,167,381
Balances at beginning of period at Dec. 31, 2014		$ 151	$ 153,395	$ 36,969	$ (357)	$ (8,746)	$ 181,412
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Other comprehensive income	$ 6,945	0	0	7,043	(98)	0	6,945
Exercise of stock options (in shares)	100,000
Exercise of stock options		1	690	0	0	0	691
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures	$ 0
Compensation related to stock options and restricted stock awards	$ 330	0	330	0	0	0	330
Allocation of ESOP shares		0	185	0	0	846	1,031
Repurchase and retirement of common stock (in shares)	(1,067,714)
Repurchase and retirement of common stock		(10)	(12,975)	0	0	0	(12,985)
Cash dividend declared and paid		0	0	(2,469)	0	0	(2,469)
Balances at end of period (in shares) at Sep. 30, 2015	14,199,667
Balances at end of period at Sep. 30, 2015		142	141,625	41,543	(455)	(7,900)	174,955
Net Income (Loss) Attributable to Parent	$ 5,871			5,871			5,871
Balances at beginning of period (in shares) at Dec. 31, 2015	13,768,814
Balances at beginning of period at Dec. 31, 2015	$ 170,673	138	136,338	42,892	(1,077)	(7,618)	170,673
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Other comprehensive income	$ 7,019				1,148		1,148
Exercise of stock options (in shares)	63,173
Exercise of stock options		1	317				318
Stock Issued During Period, Shares, Restricted Stock Award, Gross	8,752
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures	$ 74	0	(74)	0	0	0	(74)
Compensation related to stock options and restricted stock awards	$ 505		505				505
Allocation of ESOP shares		0	298	0	0	847	1,145
Repurchase and retirement of common stock (in shares)	(1,868,112)
Repurchase and retirement of common stock		(19)	(26,319)				(26,338)
Stock Canceled During Period, Shares, Restricted Stock Award, Gross	(74,478)
Stock Canceled During Period, Value, Restricted Stock Award, Gross		(1)	1	0	0	0	0
Cash dividend declared and paid				(2,194)			(2,194)
Balances at end of period (in shares) at Sep. 30, 2016	11,898,149
Balances at end of period at Sep. 30, 2016	$ 151,054	$ 119	$ 111,066	$ 46,569	$ 71	$ (6,771)	$ 151,054

FIRST FINANCIAL NORTHWEST, INC7

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED STATEMETNS OF STOCKHOLDERS' EQUITY (PARENTHETICALS) - $ / shares	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Statement of Stockholders' Equity [Abstract]
Common Stock, Dividends, Per Share, Cash Paid	$ 0.18	$ 0.18
Allocated shares	84,639	84,639

FIRST FINANCIAL NORTHWEST, INC8

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Cash flows from operating activities
Net income	$ 5,871,000	$ 7,043,000
Adjustments to reconcile net income to net cash provided by operating activities:
Provision (recapture of provision) for loan losses	1,400,000	(1,300,000)
OREO market value adjustments	257,000	5,000
Loss (gain) on sale of OREO property, net	87,000	(531,000)
Gain (Loss) on Sale of Investments	33,000	85,000
Depreciation of premises and equipment	797,000	570,000
Amortization of premiums and discounts on investments available-for-sale, net	726,000	852,000
Deferred federal income taxes	884,000	3,174,000
Allocation of ESOP shares	1,145,000	1,031,000
Stock compensation expense	505,000	330,000
Change in cash surrender value of BOLI	(641,000)	(369,000)
Changes in operating assets and liabilities:
Prepaid expenses and other assets	(128,000)	217,000
Net increase in advance payments from borrowers for taxes and insurance	1,958,000	1,232,000
Accrued interest receivable	(410,000)	193,000
Accrued interest payable	(19,000)	0
Other liabilities	(299,000)	1,357,000
Net cash provided by operating activities	12,100,000	13,719,000
Cash flows from investing activities:
Proceeds from sales of OREO properties	988,000	5,715,000
Proceeds from Sale and Maturity of Available-for-sale Securities	24,921,000	23,771,000
Principal repayments on investments available-for-sale	12,375,000	14,463,000
Purchases of investments available-for-sale	(40,522,000)	(44,674,000)
Net increase in loans receivable	(162,258,000)	(9,723,000)
Payments for (Proceeds from) Federal Home Loan Bank Stock	(3,894,000)	208,000
Purchases of premises and equipment	(1,386,000)	(1,351,000)
Proceeds from Life Insurance Policies	10,182,000	0
Payments to Acquire Life Insurance Policies	10,182,000	20,000,000
Net cash used by investing activities	(169,776,000)	(31,591,000)
Cash flows from financing activities:
Net increase in deposits	16,764,000	50,940,000
Proceeds from Federal Home Loan Bank Advances	335,000,000	0
Repayments of Federal Home Loan Bank Borrowings	(239,000,000)	0
Proceeds from stock options exercises	318,000	691,000
Stock Issued During Period, Value, Restricted Stock Award, Net of Forfeitures	(74,000)	0
Repurchase and retirement of common stock	(26,338,000)	(12,985,000)
Dividends paid	(2,194,000)	(2,469,000)
Net cash provided by financing activities	84,476,000	36,177,000
Cash and cash equivalents:
Net (decrease) increase in cash and cash equivalents	(73,200,000)	18,305,000
Cash and cash equivalents at beginning of period	105,711,000	104,049,000
Cash and cash equivalents at end of period	32,511,000	122,354,000
Cash paid during the period for:
Interest paid	5,421,000	4,979,000
Federal income taxes paid	2,025,000	177,000
Noncash transactions:
Loans transferred to OREO, net of deferred loan fees and allowance for loan losses	0	141,000
Change in unrealized loss on investments available for sale	$ 1,767,000	$ (150,000)

Description of Business

Description of Business	9 Months Ended
	Sep. 30, 2016
Accounting Policies [Abstract]
Description of Business	Description of Business First Financial Northwest, Inc. (“First Financial Northwest”), a Washington corporation, was formed on June 1, 2007 for the purpose of becoming the holding company for First 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 accompanying data, relates primarily to First Financial Northwest Bank. First Financial Northwest is a bank holding company, having converted from a savings and loan holding company on March 31, 2015, and as a bank holding company is subject to regulation by the Federal Reserve Bank of San Francisco. 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 is headquartered in Renton, Washington, where its main, full service retail branch is located. In addition, the Bank opened branches in Mill Creek, Washington in the third quarter of 2015, Edmonds, Washington in the first quarter of 2016, and The Landing in Renton, Washington in the third quarter of 2016. The Bank's primary market area consists of King, Snohomish, Pierce and Kitsap counties, Washington. The Bank is a portfolio lender, originating one-to-four family residential, multifamily, commercial real estate, construction/land development, business, and consumer loans. Loans are primarily funded by deposits from the general public, supplemented by borrowings from the Federal Home Loan Bank of Des Moines ("FHLB") and deposits raised in the national brokered deposit market. As used throughout this report, the terms "we," "our," "us," or the "Company" refer to First Financial Northwest, Inc. and its consolidated subsidiary First Financial Northwest Bank, unless the context otherwise requires.

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2016
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited interim consolidated financial statements have been prepared pursuant to the rules and regulations of the U.S. Securities and Exchange Commission ("SEC"). Accordingly, they do not include all of the information and footnotes required by U.S. Generally Accepted Accounting Principles (“GAAP”) for complete financial statements. These unaudited interim consolidated financial statements should be read in conjunction with the Company's Annual Report on Form 10-K for the year ended December 31, 2015 , as filed with the SEC. In our opinion, all adjustments (consisting only of normal recurring adjustments) considered necessary for a fair presentation of the unaudited interim consolidated financial statements in accordance with GAAP have been included. All significant intercompany balances and transactions between the Company and its subsidiaries have been eliminated in consolidation. Operating results for the nine months ended September 30, 2016 , are not necessarily indicative of the results that may be expected for the year ending December 31, 2016 . In preparing the unaudited consolidated financial statements, we are required to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the allowance for loan and lease losses ("ALLL"), the valuation of other real estate owned ("OREO") and the underlying collateral of impaired loans, deferred tax assets, and the fair value of financial instruments. The Company's activities are considered to be a single industry segment for financial reporting purposes. The Company is engaged in the business of attracting deposits from the general public and originating and purchasing loans for its portfolio. Substantially all income is derived from a diverse base of commercial, multifamily, and residential real estate loans, consumer lending activities, and investments. Certain amounts in the unaudited interim consolidated financial statements for prior periods have been reclassified to conform to the current unaudited financial statement presentation with no effect on consolidated net income or stockholders' equity.

Recently Issued Accounting Pron

Recently Issued Accounting Pronouncements	9 Months Ended
	Sep. 30, 2016
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customer (Topic 606) . In August 2015, FASB issued ASU No. 2015-14, Revenue from Contracts with Customers (Topic 606) which postponed the effective date of 2014-09. Subsequently, in March 2016, the FASB issued ASU 2016-08, Revenue from Contracts with Customers (Topic 606): Principal versus Agent Considerations. This amendment clarifies that an entity should determine if it is the principal or the agent for each specified good or service promised in a contract with a customer. In April 2016, the FASB issued ASU No. 2016-10 , Revenue from Contracts with Customers (Topic 606): Identifying Performance Obligations and Licensing. The core principle of Topic 606 is that an entity must recognize revenue when it has satisfied a performance obligation of transferring promised goods or services to a customer. The standard is effective for public entities for interim and annual periods beginning after December 15, 2017; early adoption is not permitted. The standard allows for full retrospective adoption for all periods presented or modified retrospective adoption to only the most current period presented in the financial statements. The cumulative effect of initially applying the standard is recognized at the date of the initial application. The Company is currently evaluating the provisions to determine the potential impact the new standard will have on the Company's consolidated financial statements. In January 2016, the 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 ASU 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 ASU 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. In March 2016, FASB issued ASU No. 2016-06, Derivatives and Hedging (Topic 815): Contingent Put and Call Options in Debt Instruments. Topic 815 requires that embedded derivatives be separated from the host contract and accounted for separately as derivatives if certain criteria are met, including the “clearly and closely related” criterion. The amendments in this ASU clarify the requirements for assessing whether contingent call (put) options that can accelerate the payment of principal on debt instruments are clearly and closely related to their debt hosts. An entity performing the assessment under the amendments is required to assess the embedded call (put) options solely in accordance with the four-step decision sequence. The amendments in this ASU apply to all entities that are issuers of or investors in debt instruments (or hybrid financial instruments that are determined to have a debt host) with embedded call (put) options. This ASU applies to all entities that are issuers of or investors in debt instruments (or hybrid financial instruments that are determined to have a debt host) with embedded call (put) options. The ASU is effective for financial statements issued for fiscal years beginning after December 15, 2016, and interim periods within those fiscal years. Adoption of ASU 2016-06 is not expected to have a material impact on the Company's consolidated financial statements. In March 2016, FASB issued ASU No. 2016-09, Compensation--Stock Compensation (Topic 718). This ASU was issued as part of the FASB's Simplification Initiative and addresses accounting for share-based payment transactions, including income tax consequences and classification on the statement of cash flows. Under this ASU, all excess tax benefits and deficiencies should be recognized as income tax expense or benefit in the income statement. The tax effect of vested or exercised awards should be reported separately in the period in which they occur. In the statement of cash flows, excess tax benefits should be classified with other income tax cash flows as an operating activity. Entities have the option of accounting for forfeitures when they occur or to estimate the number of awards that are expected to vest. The amendments in this ASU are effective for annual periods beginning after December 15, 2016, and interim periods within those annual periods. Early adoption is permitted in any interim or annual period. First Financial Northwest has adopted ASU 2016-09 with no material impact on the Company's consolidated financial statements. In June 2016, FASB issued ASU No. 2016-13, Financial Instruments--Credit Losses (Topic 326). This ASU replaces the existing incurred loss impairment methodology that recognizes credit losses when a probable loss has been incurred with new methodology where loss estimates are based upon lifetime expected credit losses. The amendments in this ASU require a financial asset that is measured at amortized cost to be presented at the net amount expected to be collected. The income statement would then reflect the measurement of credit losses for newly recognized financial assets as well as changes to the expected credit losses that have taken place during the reporting period. The measurement of expected credit losses will be based on historical information, current conditions, and reasonable and supportable forecasts that impact the collectability of the reported amount. Available-for-sale securities will bifurcate the fair value mark and establish an allowance for credit losses through the income statement for the credit portion of that mark. The interest portion will continue to be recognized through accumulated other comprehensive income or loss. The change in allowance recognized as a result of adoption will occur through a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the ASU is adopted. The amendments in this ASU are effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years, with early adoption permitted for fiscal years beginning after December 15, 2018. We are evaluating the impact of the adoption of ASU 2016-13. In August 2016, FASB issued ASU No. 2016-15, Statement of Cash Flows (Topic 230): Classification of Certain Cash Receipts and Cash Payments. This ASU was to address the appropriate classification of eight specific cash flow issues on the cash flow statement. Debt prepayment costs should be classified as an outflow for financing activities. Settlement of zero-coupon debt instruments divides the interest portion as an outflow for operating activities and the principal portion as an outflow for financing activities. Contingent consideration payments made after a business combination should be classified as outflows for financing and operating activities. Proceeds from the settlement of bank-owned life insurance policies should be classified as inflows from investing activities. Other specific areas are identified in the ASU as to the appropriate classification of the cash inflows or outflows. The amendments in this ASU are effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. Early adoption is permitted and must be applied using a retrospective transition method to each period presented. Adoption of ASU 2016-15 is not expected to have a material impact on the Company's consolidated financial statements.

Investments

Investments	9 Months Ended
	Sep. 30, 2016
Investments [Abstract]
Investments	Investments Investments available-for-sale are summarized as follows at the dates indicated: September 30, 2016 Amortized Gross Gross Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 41,456 $ 719 $ (31 ) $ 42,144 Freddie Mac 18,969 489 — 19,458 Ginnie Mae 20,006 114 (153 ) 19,967 Municipal bonds 13,237 584 (4 ) 13,817 U.S. Government agencies 14,296 174 (5 ) 14,465 Corporate bonds 24,007 404 (397 ) 24,014 Total $ 131,971 $ 2,484 $ (590 ) $ 133,865 December 31, 2015 Amortized Gross Gross 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 Total $ 129,439 $ 917 $ (791 ) $ 129,565 The tables below summarize the aggregate fair value and gross unrealized loss by length of time those investment securities have been continuously in an unrealized loss position at the dates indicated. At September 30, 2016 , we had two municipal bonds in an unrealized loss position. At December 31, 2015 , we had no municipal bonds in an unrealized loss position. September 30, 2016 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 $ 9,194 $ (31 ) $ — $ — $ 9,194 $ (31 ) Ginnie Mae 15,877 (153 ) — — 15,877 (153 ) Municipal bonds 447 (4 ) — — 447 (4 ) U.S. Government agencies 2,002 (2 ) 1,617 (3 ) 3,619 (5 ) Corporate bonds 3,883 (117 ) 4,720 (280 ) 8,603 (397 ) Total $ 31,403 $ (307 ) $ 6,337 $ (283 ) $ 37,740 $ (590 ) 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 ) U.S. Government agencies 9,605 (88 ) — — 9,605 (88 ) Corporate bonds 10,263 (245 ) — — 10,263 (245 ) Total $ 75,084 $ (706 ) $ 3,233 $ (85 ) $ 78,317 $ (791 ) On a quarterly basis, management makes an assessment to determine whether there have been any events or economic circumstances to indicate that a security on which there is an unrealized loss is impaired on an other-than-temporary basis. The Company considers many factors including the severity and duration of the impairment, recent events specific to the issuer or industry, and for debt securities, external credit ratings and recent downgrades. Securities on which there is an unrealized loss that is deemed to be an other-than-temporary impairment ("OTTI") are written down to fair value. If the Company intends to sell a debt security, or it is likely that the Company will be required to sell the debt security before recovering its cost basis, the entire impairment loss would be recognized in earnings as an OTTI. If the Company does not intend to sell the debt security and it is not likely that it will be required to sell the debt security but does not expect to recover the entire amortized cost basis of the debt security, only the portion of the impairment loss representing credit losses would be recognized in earnings. The credit loss on a debt 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 debt security being measured for potential OTTI. The remaining impairment related to all other factors, the difference between the present value of the cash flows expected to be collected and fair value, is recognized as a charge to other comprehensive income (“OCI”). Impairment losses related to all other factors are presented as separate categories within OCI. At September 30, 2016 and December 31, 2015 , the Company had 17 securities and 43 securities in an unrealized loss position, respectively, of which four and three , respectively, were in an unrealized loss position for 12 months or more. Management reviewed the financial condition of the entities issuing municipal or corporate bonds at September 30, 2016 and December 31, 2015 , and determined that an OTTI charge was not warranted. The amortized cost and estimated fair value of investments available-for-sale at September 30, 2016 , by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Investments not due at a single maturity date, primarily mortgage-backed investments, are shown separately. September 30, 2016 Amortized Cost Fair Value (In thousands) Due within one year $ 515 $ 517 Due after one year through five years 8,861 8,919 Due after five years through ten years 25,518 25,804 Due after ten years 16,646 17,056 51,540 52,296 Mortgage-backed investments 80,431 81,569 Total $ 131,971 $ 133,865 Under Washington state law, in order to participate in the public funds program the Company is required to pledge eligible securities as collateral in an amount equal to 50% of the public deposits held. Investment securities with market values of $24.0 million and $17.4 million were pledged as collateral for public deposits at September 30, 2016 and December 31, 2015 , respectively, both of which exceeded the collateral requirements established by the Washington Public Deposit Protection Commission. For the three and nine months ended September 30, 2016 , we had calls and sales on investment securities of $24.5 million , and $24.9 million , respectively, generating a net gain of $33,000 . For the three and nine months ended September 30, 2015 , we had calls and sales of investment securities of $22.1 million and $23.7 million , respectively, generating a net gain of $85,000 .

Loans Receivable

Loans Receivable	9 Months Ended
	Sep. 30, 2016
Receivables [Abstract]
Loans Receivable	Loans Receivable Loans receivable are summarized as follows at the dates indicated: September 30, 2016 December 31, 2015 (In thousands) One-to-four family residential: Permanent owner occupied $ 148,304 $ 147,229 Permanent non-owner occupied 107,601 106,543 255,905 253,772 Multifamily: Permanent 135,414 122,747 Construction (1) 49,325 21,115 184,739 143,862 Commercial real estate: Permanent 329,204 244,211 Land (2) 27,916 8,290 357,120 252,501 Construction/land development: One-to-four family residential 62,120 52,233 Multifamily 49,471 25,551 Land development 3,793 8,768 115,384 86,552 Business 8,023 7,604 Consumer 6,526 6,979 Total loans 927,697 751,270 Less: Loans in process ("LIP") 68,492 53,854 Deferred loan fees, net 2,269 2,881 Allowance for loan and lease losses ("ALLL") 11,006 9,463 Loans receivable, net $ 845,930 $ 685,072 ______________________ (1) Construction/land development excludes construction loans that will convert to permanent loans. The Company considers these loans to be "rollovers" in that one loan is originated for both the construction loan and permanent financing. These loans are classified according to the underlying collateral. (2) Includes raw land or buildable lots where the Company does not intend to finance the construction. At September 30, 2016 , loans totaling $434.6 million were pledged to secure borrowings from the FHLB of Des Moines compared to $365.1 million at December 31, 2015 . The Company has issued loans to officers and directors on the same terms as comparable loans to unrelated parties. The outstanding balance of these loans was $65,000 at September 30, 2016 and $118,000 at December 31, 2015 . ALLL . The Company maintains an ALLL as a reserve against probable and inherent risk of losses in its loan portfolios. The ALLL is comprised of a general reserve component for loans evaluated collectively for loss and a specific reserve component for loans evaluated individually. When an issue is identified and it is determined that the loan needs to be classified as nonperforming and/or impaired, an evaluation of the discounted expected cash flows is done and an appraisal may be obtained on the collateral. Based on this evaluation, additional provision for loan loss or charge-offs is recorded prior to the end of the financial reporting period. The following tables summarize changes in the ALLL and loan portfolio by loan type and impairment method at the dates and for the periods shown: At or For the Three Months Ended September 30, 2016 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 2,747 $ 1,421 $ 4,021 $ 1,403 $ 217 $ 325 $ 10,134 Charge-offs — — — — — (28 ) (28 ) Recoveries — — — — — — — Provision (recapture) (60 ) 130 641 178 25 (14 ) 900 Ending balance $ 2,687 $ 1,551 $ 4,662 $ 1,581 $ 242 $ 283 $ 11,006 At or For the Nine Months Ended September 30, 2016 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,028 $ 1,298 $ 3,542 $ 941 $ 229 $ 425 $ 9,463 Charge-offs — — — — — (47 ) (47 ) Recoveries 85 — 104 — — 1 190 Provision (recapture) (426 ) 253 1,016 640 13 (96 ) 1,400 Ending balance $ 2,687 $ 1,551 $ 4,662 $ 1,581 $ 242 $ 283 $ 11,006 ALLL by category: General reserve $ 2,369 $ 1,551 $ 4,474 $ 1,581 $ 242 $ 283 $ 10,500 Specific reserve 318 — 188 — — — 506 Loans: (1) Total loans $ 255,905 $ 159,083 $ 357,120 $ 72,545 $ 8,023 $ 6,530 $ 859,206 Loans collectively evaluated for impairment (2) 227,650 157,511 352,203 72,545 8,023 6,400 824,332 Loans individually evaluated for impairment (3) 28,255 1,572 4,917 — — 130 34,874 ____________ (1) Net of LIP. (2) Loans collectively evaluated for general reserves. (3) Loans individually evaluated for specific reserves. At or For the Three Months Ended September 30, 2015 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,536 $ 1,187 $ 4,436 $ 819 $ 189 $ 436 $ 10,603 Charge-offs (2 ) — — — — (20 ) (22 ) Recoveries 217 — 48 — — — 265 Provision (recapture) (245 ) 15 (579 ) 76 21 12 (700 ) Ending balance $ 3,506 $ 1,202 $ 3,905 $ 895 $ 210 $ 428 $ 10,146 At or For the Nine Months Ended September 30, 2015 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,694 $ 1,646 $ 4,597 $ 355 $ 47 $ 152 $ 10,491 Charge-offs (27 ) (281 ) — — — (54 ) (362 ) Recoveries 908 — 105 — 3 301 1,317 Provision (recapture) (1,069 ) (163 ) (797 ) 540 160 29 (1,300 ) Ending balance $ 3,506 $ 1,202 $ 3,905 $ 895 $ 210 $ 428 $ 10,146 ALLL by category: General reserve $ 2,945 $ 1,199 $ 3,665 $ 895 $ 210 $ 388 $ 9,302 Specific reserve 561 3 240 — — 40 844 Loans: (1) Total loans 255,536 123,752 253,687 41,073 6,973 6,655 687,676 Loans collectively evaluated for impairment (2) 217,660 120,467 245,947 41,073 6,973 6,444 638,564 Loans individually evaluated for impairment (3) 37,876 3,285 7,740 — — 211 49,112 _____________ (1) Net of LIP. (2) Loans collectively evaluated for general reserves. (3) Loans individually evaluated for specific reserves. Past Due Loans. Loans are considered past due if a scheduled principal or interest payment is due and unpaid for 30 days or more. At September 30, 2016 , total past due loans comprised 0.02% of total loans receivable, net of LIP, as compared to 0.18% at December 31, 2015 . The following tables represent a summary of the aging of loans by type at the dates indicated: Loans Past Due as of September 30, 2016 30-59 Days 60-89 Days 90 Days and Total Past Current Total (1) (2) (In thousands) Real estate: One-to-four family residential: Owner occupied $ — $ — $ 169 $ 169 $ 148,135 $ 148,304 Non-owner occupied — — — — 107,601 107,601 Multifamily — — — — 159,086 159,086 Commercial real estate — — — — 357,120 357,120 Construction/land development — — — — 72,546 72,546 Total real estate — — 169 169 844,488 844,657 Business — — — — 8,023 8,023 Consumer 12 — 25 37 6,489 6,526 Total loans $ 12 $ — $ 194 $ 206 $ 859,000 $ 859,206 ________________ (1) There were no loans 90 days and greater past due and still accruing interest at September 30, 2016 . (2) Net of LIP. Loans Past Due as of December 31, 2015 30-59 Days 60-89 Days 90 Days and Total Past Current Total (1) (2) (In thousands) Real estate: One-to-four family residential: Owner occupied $ 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 loans $ 678 $ 561 $ 19 $ 1,258 $ 696,158 $ 697,416 _________________ (1) There were no loans 90 days and greater past due and still accruing interest at December 31, 2015 . (2) Net of LIP. Nonaccrual Loans. The following table is a summary of nonaccrual loans by loan type at the dates indicated: September 30, 2016 December 31, 2015 (In thousands) One-to-four family residential $ 986 $ 996 Consumer 87 89 Total nonaccrual loans $ 1,073 $ 1,085 During the three and nine months ended September 30, 2016 , interest income that would have been recognized had these nonaccrual loans been performing in accordance with their original terms was $13,000 and $40,000 , respectively. For the three and nine months ended September 30, 2015 , foregone interest on nonaccrual loans was $31,000 and $87,000 , respectively. The following tables summarize the loan portfolio by type and payment status at the dates indicated: September 30, 2016 One-to-Four Multifamily Commercial Construction / Business Consumer Total (1) (In thousands) Performing (2) $ 254,919 $ 159,086 $ 357,120 $ 72,546 $ 8,023 $ 6,439 $ 858,133 Nonperforming (3) 986 — — — — 87 1,073 Total loans $ 255,905 $ 159,086 $ 357,120 $ 72,546 $ 8,023 $ 6,526 $ 859,206 _____________ (1) Net of LIP. (2) There were $147.3 million of owner-occupied one-to-four family residential loans and $107.6 million of non-owner occupied one-to-four family residential loans classified as performing. (3) There were $986,000 of owner-occupied one-to-four family residential loans and no non-owner occupied one-to-four family residential loans classified as nonperforming. December 31, 2015 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (1) (In thousands) Performing (2) $ 252,776 $ 133,388 $ 252,501 $ 43,172 $ 7,604 $ 6,890 $ 696,331 Nonperforming (3) 996 — — — — 89 1,085 Total loans $ 253,772 $ 133,388 $ 252,501 $ 43,172 $ 7,604 $ 6,979 $ 697,416 _____________ (1) Net of LIP. (2) 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. (3) 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. Impaired Loans. A loan is considered impaired when we have determined that we may be unable to collect payments of principal or interest when due under the terms of the original loan document. There were no funds committed to be advanced in connection with impaired loans at either September 30, 2016 , or December 31, 2015 . The following tables present a summary of loans individually evaluated for impairment by loan type at the dates indicated: September 30, 2016 Recorded Investment (1) Unpaid Principal Balance (2) Related Allowance (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 2,414 $ 2,738 Non-owner occupied 19,179 19,197 Multifamily 1,572 1,572 Commercial real estate 1,347 1,425 Consumer 130 212 Total 24,642 25,144 — Loans with an allowance: One-to-four family residential: Owner occupied 1,902 1,972 57 Non-owner occupied 4,760 4,781 261 Commercial real estate 3,570 3,570 188 Total 10,232 10,323 506 Total impaired loans: One-to-four family residential: Owner occupied 4,316 4,710 57 Non-owner occupied 23,939 23,978 261 Multifamily 1,572 1,572 — Commercial real estate 4,917 4,995 188 Consumer 130 212 — Total $ 34,874 $ 35,467 $ 506 _________________ (1) Represents the loan balance less charge-offs. (2) Contractual loan principal balance. 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. The following tables present the average recorded investment in loans individually evaluated for impairment and the interest income recognized for the three and nine months ended September 30, 2016 and 2015 : Three Months Ended September 30, 2016 Nine Months Ended September 30, 2016 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 $ 2,434 $ 57 $ 2,679 $ 123 Non-owner occupied 20,208 296 21,234 878 Multifamily 1,576 26 1,189 79 Commercial real estate 1,796 31 2,089 77 Consumer 119 3 123 8 Total 26,133 413 27,314 1,165 Loans with an allowance: One-to-four family residential: Owner occupied 2,003 28 2,042 78 Non-owner occupied 5,050 76 5,874 202 Multifamily — — 393 — Commercial real estate 3,133 57 2,994 166 Consumer — — 25 — Total 10,186 161 11,328 446 Total impaired loans: One-to-four family residential: Owner occupied 4,437 85 4,721 201 Non-owner occupied 25,258 372 27,108 1,080 Multifamily 1,576 26 1,582 79 Commercial real estate 4,929 88 5,083 243 Consumer 119 3 148 8 Total $ 36,319 $ 574 $ 38,642 $ 1,611 Three Months Ended September 30, 2015 Nine Months Ended September 30, 2015 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 3,114 $ 49 $ 3,215 $ 131 Non-owner occupied 25,142 361 26,835 1,123 Multifamily 2,101 8 1,471 23 Commercial real estate 4,757 85 4,650 269 Consumer 125 2 121 3 Total 35,239 505 36,292 1,549 Loans with an allowance: One-to-four family residential: Owner occupied 2,131 12 2,240 89 Non-owner occupied 7,772 115 8,084 345 Multifamily 1,187 19 1,677 58 Commercial real estate 3,199 41 3,883 104 Consumer 77 — 78 2 Total 14,366 187 15,962 598 Total impaired loans: One-to-four family residential: Owner occupied 5,245 61 5,455 220 Non-owner occupied 32,914 476 34,919 1,468 Multifamily 3,288 27 3,148 81 Commercial real estate 7,956 126 8,533 373 Consumer 202 2 199 5 Total $ 49,605 $ 692 $ 52,254 $ 2,147 Troubled Debt Restructurings. Certain loan modifications are accounted for as troubled debt restructured loans ("TDRs"). At September 30, 2016 , the TDR portfolio totaled $34.0 million , of which two loans totaling $182,000 were on nonaccrual status because they had previously not performed in accordance with the terms of their restructure. As of September 30, 2016, they were both current, however they will remain on nonaccrual status until they have performed for six months and are expected to continue to perform. At December 31, 2015 , the TDR portfolio totaled $42.3 million , of which one loan of $131,000 was not performing in accordance with the terms of its restructure and was on nonaccrual status. The following tables present loans that were modified as TDRs within the periods indicated and their recorded investment both before and after the modification: Three Months Ended September 30, 2016 Nine Months Ended September 30, 2016 Number of Loans Pre-Modification Outstanding Post-Modification Outstanding Number of Loans Pre-Modification Outstanding Post-Modification Outstanding (Dollars in thousands) One-to-four family Principal and interest with interest rate concession 1 $ 316 $ 316 15 $ 3,490 $ 3,490 Advancement of maturity date 5 1,119 1,119 5 1,119 1,119 Commercial real estate: Interest-only payments with interest rate concession and advancement of maturity date — — — 1 495 495 Advancement of maturity date 1 434 434 1 434 434 Total 7 $ 1,869 $ 1,869 22 $ 5,538 $ 5,538 Three Months Ended September 30, 2015 Nine Months Ended September 30, 2015 Number of Loans Pre-Modification Outstanding Post-Modification Outstanding Number of Loans Pre-Modification Outstanding Post-Modification Outstanding (Dollars in thousands) One-to-four family Interest-only payments with interest rate concession and advancement of maturity date — $ — $ — 6 $ 1,439 $ 1,439 Principal and interest with interest rate concession and advancement of maturity date 2 $ 426 $ 426 2 $ 426 $ 426 Advancement of maturity date — — — 2 248 248 Commercial real estate: Principal and interest with interest rate concession and advancement of maturity date 1 775 775 1 775 775 Interest-only payments with interest rate concession and advancement of maturity date — — — 1 496 496 Advancement of maturity date — — — 2 866 866 Interest-only payments with advancement of maturity date — — — 1 2,004 2,004 Total 3 $ 1,201 $ 1,201 15 $ 6,254 $ 6,254 At September 30, 2016 , the Company had no commitments to extend additional credit to borrowers whose loan terms have been modified in TDRs. All TDRs are also classified as impaired loans and are included in the loans individually evaluated for impairment as part of the calculation of the ALLL. The TDRs that occurred during the three and nine months ended September 30, 2016 and 2015 , included granting the borrower interest rate concessions and advancing the maturity date for a period of time ranging from one to three years. No loans accounted for as TDRs were charged-off to the ALLL for the three and nine months ended September 30, 2016 and 2015 . TDRs that default after they have been modified are typically evaluated individually on a collateral basis. Any additional impairment is charged to the ALLL. For the three months ended September 30, 2016 and the three and nine months ended September 30, 2015, no loans that had been modified in the previous 12 months defaulted. During the nine months ended September 30, 2016 , one commercial loan of $495,000 that had been modified with an interest rate concession and advancement of maturity date within the previous 12 months missed one payment, but was current as of September 30, 2016 . Credit Quality Indicators . The Company utilizes a nine-category risk rating system and assigns a risk rating for all credit exposures. The risk rating system is designed to define the basic characteristics and identify risk elements of each credit extension. Credits risk rated 1 through 5 are considered to be “pass” credits. Pass credits include assets, such as cash secured loans with funds on deposit with the Bank, where there is virtually no credit risk. Pass credits also include credits that are on the Company's watch list, where the borrower exhibits potential weaknesses, which may, if not checked or corrected, negatively affect the borrower’s financial capacity and threaten their ability to fulfill debt obligations in the future. Credits classified as special mention are risk rated 6 and possess weaknesses that deserve management’s close attention. Special mention assets do not expose the Company to sufficient risk to warrant adverse classification in the substandard, doubtful or loss categories. Substandard credits are risk rated 7 . An asset is considered substandard if it is inadequately protected by the current net worth and payment capacity of the borrower or of any collateral pledged. Substandard assets include those characterized by the distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. Assets classified as doubtful are risk rated 8 and have all the weaknesses inherent in those credits classified as substandard with the added characteristic that the weaknesses present make collection or liquidation in full highly questionable and improbable, on the basis of currently existing facts, conditions, and values. Assets classified as loss are risk rated 9 and are considered uncollectible and cannot be justified as a viable asset for the Company. There were no loans classified as doubtful or loss at September 30, 2016 and December 31, 2015 . The following tables represent a summary of loans by type and risk category at the dates indicated: September 30, 2016 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (1) (In thousands) Risk Rating: Pass $ 251,394 $ 159,086 $ 352,873 $ 72,546 $ 8,023 $ 6,251 $ 850,173 Special mention 2,971 — 3,752 — — 188 6,911 Substandard 1,540 — 495 — — 87 2,122 Total loans $ 255,905 $ 159,086 $ 357,120 $ 72,546 $ 8,023 $ 6,526 $ 859,206 _____________ (1) Net of LIP. 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 loans $ 253,772 $ 133,388 $ 252,501 $ 43,172 $ 7,604 $ 6,979 $ 697,416 _____________ (1) Net of LIP.

Other Real Estate Owned

Other Real Estate Owned	9 Months Ended
	Sep. 30, 2016
Other Real Estate [Abstract]
Other Real Estate Owned	Other Real Estate Owned OREO includes properties acquired by the Company through foreclosure and deed in lieu of foreclosure. The following table is a summary of OREO activity during the periods shown: Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 (In thousands) Balance at beginning of period $ 2,331 $ 4,416 $ 3,663 $ 9,283 Loans transferred to OREO — — — 141 Gross proceeds from sale of OREO — (181 ) (988 ) (5,715 ) (Loss) gain on sale of OREO — — (87 ) 531 Market value adjustments — — (257 ) (5 ) Balance at end of period $ 2,331 $ 4,235 $ 2,331 $ 4,235 There were no sales of OREO properties during the three months ended September 30, 2016. During the nine months ended September 30, 2016, two OREO properties plus one parcel of a multi-parcel property with a combined book value of $1.1 million were sold, generating a net loss of $87,000 . OREO at September 30, 2016 consisted of $2.3 million in commercial real estate properties.

Fair Value

Fair Value	9 Months Ended
	Sep. 30, 2016
Fair Value Disclosures [Abstract]
Fair Value	Fair Value Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Company determines the fair values of its financial instruments based on the fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair values. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect its estimate for market assumptions. Valuation inputs refer to the assumptions market participants would use in pricing a given asset or liability using one of the three valuation techniques. Inputs can be observable or unobservable. Observable inputs are those assumptions that market participants would use in pricing the particular asset or liability. These inputs are based on market data and are obtained from an independent source. Unobservable inputs are assumptions based on the Company's own information or estimate of assumptions used by market participants in pricing the asset or liability. Unobservable inputs are based on the best and most current information available on the measurement date. All inputs, whether observable or unobservable, are ranked in accordance with a prescribed fair value hierarchy: • Level 1 - Quoted prices for identical instruments in active markets. • Level 2 - Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable. • Level 3 - Instruments whose significant value drivers are unobservable. The tables below present the balances of assets measured at fair value on a recurring basis (there were no transfers between Level 1, Level 2 and Level 3 recurring measurements) at the dates indicated: Fair Value Measurements at September 30, 2016 Fair Value Measurements Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (In thousands) Investments available-for-sale: Mortgage-backed investments: Fannie Mae $ 42,144 $ — $ 42,144 $ — Freddie Mac 19,458 — 19,458 — Ginnie Mae 19,967 — 19,967 — Municipal bonds 13,817 — 13,817 — U.S. Government agencies 14,465 — 14,465 — Corporate bonds 24,014 — 24,014 — Total $ 133,865 $ — $ 133,865 $ — Fair Value Measurements at 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) Investments available-for-sale: 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 — Total $ 129,565 $ — $ 129,565 $ — The estimated fair value of Level 2 investments is based on quoted prices for similar investments in active markets, identical or similar investments in markets that are not active and model-derived valuations whose inputs are observable. The tables below present the balances of assets measured at fair value on a nonrecurring basis at September 30, 2016 and December 31, 2015 . Fair Value Measurements at September 30, 2016 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans (1) $ 34,368 $ — $ — $ 34,368 OREO 2,331 — — 2,331 Total $ 36,699 $ — $ — $ 36,699 _____________ (1) Total fair value of impaired loans is net of $506,000 of specific reserves on performing TDRs. Fair Value Measurements at December 31, 2015 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans (1) $ 42,557 $ — $ — $ 42,557 OREO 3,663 — — 3,663 Total $ 46,220 $ — $ — $ 46,220 _____________ (1) Total fair value of impaired loans is net of $732,000 of specific reserves on performing TDRs. The fair value of impaired loans is calculated using the collateral value method or on a discounted cash flow basis. Inputs used in the collateral value method include appraised values, less estimated costs to sell. Some of these inputs may not be observable in the marketplace. Appraised values may be discounted based on management's knowledge of the marketplace, subsequent changes in market conditions, or management's knowledge of the borrower. OREO properties are measured at the lower of their carrying amount or fair value, less estimated costs to sell. Fair values are generally based on third party appraisals of the property, resulting in a Level 3 classification. In cases where the carrying amount exceeds the fair value, less estimated costs to sell, an impairment loss is recognized. The following table presents quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a nonrecurring basis at September 30, 2016 and December 31, 2015 . September 30, 2016 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 34,368 Market approach Appraised value discounted by market or borrower conditions 0 - 7.8% (0.1%) OREO $ 2,331 Market approach Appraised value less selling costs 0.0% (0.0%) December 31, 2015 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 42,557 Market approach Appraised value discounted by market or borrower conditions 0% - 2.1% OREO $ 3,663 Market approach Appraised value less selling costs 0% - 13.6% The carrying amounts and estimated fair values of financial instruments were as follows at the dates indicated: September 30, 2016 Estimated Fair Value Measurements Using: Carrying Value Fair Value Level 1 Level 2 Level 3 (In thousands) Financial Assets: Cash on hand and in banks $ 5,803 $ 5,803 $ 5,803 $ — $ — Interest-earning deposits 26,708 26,708 26,708 — — Investments available-for-sale 133,865 133,865 — 133,865 — Loans receivable, net 845,930 862,708 — — 862,708 FHLB stock 10,031 10,031 — 10,031 — Accrued interest receivable 3,378 3,378 — 3,378 — Financial Liabilities: Deposits 266,161 266,161 266,161 — — Certificates of deposit, retail 350,522 353,130 — 353,130 — Certificates of deposit, brokered 75,488 75,599 — 75,599 — Advances from the FHLB 221,500 221,788 — 221,788 — Accrued interest payable 116 116 — 116 — December 31, 2015 Estimated Fair Value Measurements Using: Carrying Value Fair Value Level 1 Level 2 Level 3 (In thousands) Financial Assets: Cash on hand and in banks $ 5,713 $ 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 — Fair value estimates, methods, and assumptions are set forth below for the Company's financial instruments: • Financial instruments with book value equal to fair value: The fair value of financial instruments that are short-term or reprice frequently and that have little or no risk are considered to have a fair value equal to book value. These instruments include cash on hand and in banks, interest-earning deposits, FHLB stock, accrued interest receivable, accrued interest payable, and investment transactions payable. FHLB stock is not publicly-traded, however it may be redeemed on a dollar-for-dollar basis, for any amount the Bank is not required to hold, subject to the FHLB’s discretion. The fair value is therefore equal to the book value. • Investments available-for-sale: The fair value of all investments, excluding FHLB stock, was based upon quoted market prices for similar investments in active markets, identical or similar investments in markets that are not active and model-derived valuations whose inputs are observable. • Loans receivable: For variable rate loans that reprice frequently and with no significant change in credit risk, fair values are based on carrying values. The fair value of fixed-rate loans is estimated using discounted cash flow analysis, utilizing interest rates that would be offered for loans with similar terms to borrowers of similar credit quality. As a result of current market conditions, cash flow estimates have been further discounted to include a credit factor. The fair value of nonperforming loans is estimated using the fair value of the underlying collateral. • Liabilities: The fair value of deposits with no stated maturity, such as statement savings, NOW and money market accounts, is equal to the amount payable on demand. The fair value of certificates of deposit is based on the discounted value of contractual cash flows using current interest rates for certificates of deposit with similar remaining maturities. The fair value of FHLB advances is estimated based on discounting the future cash flows using current interest rates for debt with similar remaining maturities. • Off balance sheet commitments: No fair value adjustment is necessary for commitments made to extend credit, which represents commitments for loan originations or for outstanding commitments to purchase loans. These commitments are at variable rates, are for loans with terms of less than one year and have interest rates which approximate prevailing market rates, or are set at the time of loan closing. Fair value estimates are based on existing balance sheet financial instruments without attempting to estimate the value of anticipated future business. The fair value has not been estimated for assets and liabilities that are not considered financial instruments.

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2016
Share-based Compensation [Abstract]
Stock-Based Compensation	Stock-Based Compensation In June 2016, First Financial Northwest's shareholders approved the First Financial Northwest, Inc. 2016 Equity Incentive Plan ("2016 Plan"). This plan provides for the granting of incentive stock options ("ISO"), non-qualified stock options ("NQSO"), restricted stock and restricted stock units until June 2026. The 2016 Plan established 1,400,000 shares available to grant with a maximum of 400,000 of these shares available to grant as restricted stock awards. Each share issued as a restricted stock award counts as two shares towards the total shares available to award. Under the 2016 Plan, the vesting date for each option award or restricted stock award is determined by an award committee and specified in the award agreement. In the case of restricted stock awards granted in lieu of cash payments of director's fees, the grant date is used as the vesting date. As a result of the approval of the 2016 Plan, the First Financial Northwest, Inc. 2008 Equity Incentive Plan ("2008 Plan") was frozen and no additional awards will be made. As of June 30, 2016, there were 611,756 available stock options and 74,478 available restricted stock awards that are no longer available to be awarded under the 2008 Plan. Restricted stock awards and stock options that were granted under the 2008 Plan will continue to vest and be available for exercise, subject to the 2008 Plan provisions. At September 30, 2016, there were 1,371,896 total shares available for grant under the 2016 Plan, including 385,948 shares available to be granted as restricted stock. For the three months ended September 30, 2016 and 2015 , total compensation expense for the Plan was $302,000 , and $111,000 , respectively, and the related income tax benefit was $106,000 and $39,000 , respectively. For the nine months ended September 30, 2016 and 2015 , total compensation expense for the Plan was $505,000 and $330,000 , respectively, and the related income tax benefit was $177,000 and $116,000 , respectively. Included in the above compensation for the nine months ended September 30, 2016, director's compensation of $180,000 was recognized as a result of the awarding and vesting of restricted shares in lieu of cash payments of directors' fees, with a related income tax benefit of $63,000 . Stock Options Under the 2008 Plan, stock option awards were granted with an exercise price equal to the market price of First Financial Northwest's common stock at the grant date. These option awards have a vesting period of five years, with 20% vesting on the anniversary date of each grant date, and a contractual life of 10 years. Any unexercised stock options will expire ten years after the grant date or sooner in the event of the award recipient’s death, disability or termination of service with the Company or the Bank. Under the 2016 Plan, the exercise price and vesting period for stock options are determined by the award committee and specified in the award agreement, however, the exercise price shall not be less than the fair market value of a share as of the grant date. Any unexercised stock option will expire 10 years after the award date or sooner in the event of the award recipient's death, disability, retirement, or termination of service. The fair value of each option award is estimated on the grant date using a Black-Scholes model that uses the following assumptions. The dividend yield is based on the current quarterly dividend in effect at the time of the grant. Historical employment data is used to estimate the forfeiture rate. The historical volatility of the Company's stock price over a specified period of time is used for the expected volatility assumption. First Financial Northwest bases the risk-free interest rate on the U.S. Treasury Constant Maturity Indices in effect on the date of the grant. First Financial Northwest elected to use the “Share-Based Payments” method permitted by the SEC to calculate the expected term. This method uses the vesting term of an option along with the contractual term, setting the expected life at the midpoint. A cashless exercise of vested stock options may occur by the option holder surrendering the number of options valued at the current stock price at the time of exercise to cover the total cost to exercise. The surrendered options are canceled and are unavailable for reissue. A summary of the Company’s stock option plan awards and activity for the three and nine months ended September 30, 2016 , follows: For the Three Months Ended September 30, 2016 Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term in Years Aggregate Intrinsic Value Outstanding at July 1, 2016 726,320 $ 10.12 Granted — Exercised (7,500 ) 9.78 Canceled — Forfeited or expired — Outstanding at September 30, 2016 718,820 10.12 4.56 2,908,520 Vested and expected to vest assuming a 3% forfeiture 713,090 10.12 4.53 2,891,228 Exercisable at September 30, 2016 527,820 9.75 3.40 2,332,110 For the Nine Months Ended September 30, 2016 Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term in Years Aggregate Intrinsic Value Outstanding at January 1, 2016 884,260 $ 10.11 Granted — Exercised (63,173 ) 9.78 Canceled (82,267 ) Forfeited or expired (20,000 ) 12.05 Outstanding at September 30, 2016 718,820 10.12 4.56 2,908,520 Vested and expected to vest assuming a 3% forfeiture rate over the vesting term 713,090 10.12 4.53 2,891,228 Exercisable at September 30, 2016 527,820 9.75 3.40 2,332,110 As of September 30, 2016 , there was $657,470 of total unrecognized compensation cost related to nonvested stock options granted under the 2008 Plan. The cost is expected to be recognized over the remaining weighted-average vesting period of 2.95 years. There were no stock options granted during the three and nine months ended September 30, 2016 under either the 2008 Plan or 2016 Plan. Restricted Stock Awards The 2008 Plan authorized the grant of restricted stock awards to directors, advisory directors, officers and employees. Compensation expense is recognized over the vesting period of the awards based on the fair value of the stock at the grant date. The restricted stock awards’ fair value is equal to the stock price on the grant date. Shares awarded under this plan 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. The 2016 Plan authorizes the grant of restricted stock awards subject to vesting periods or terms as defined by the award committee and specified in the award agreement. Restricted stock awards granted in lieu of cash payments for directors' fees are subject to immediate vesting on the grant date unless the award agreement provides otherwise. A summary of changes in nonvested restricted stock awards for the three and nine months ended September 30, 2016 , follows: For the Three Months Ended September 30, 2016 Shares Weighted-Average Nonvested at July 1, 2016 47,800 $ 8.95 Granted — Vested (9,700 ) 8.97 Canceled (5,300 ) 8.97 Forfeited — Nonvested at September 30, 2016 32,800 8.94 Expected to vest assuming a 3% forfeiture rate over the vesting term 31,816 For the Nine Months Ended September 30, 2016 Shares Weighted-Average Nonvested at January 1, 2016 47,800 $ 8.95 Granted 14,052 12.81 Vested (23,752 ) 10.83 Canceled (5,300 ) 8.97 Forfeited — Nonvested at September 30, 2016 32,800 8.94 Expected to vest assuming a 3% forfeiture rate over the vesting term 31,816 As of September 30, 2016 , there was $222,433 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 1.33 years.

Federal Income Taxes

Federal Income Taxes	9 Months Ended
	Sep. 30, 2016
Income Tax Disclosure [Abstract]
Federal Income Taxes	Federal Income Taxes Deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. These calculations are based on many complex factors including estimates of the timing of reversals of temporary differences, the interpretation of federal income tax laws, and a determination of the differences between the tax and the financial reporting basis of assets and liabilities. Actual results could differ significantly from the estimates and interpretations used in determining the current and deferred income tax assets and liabilities. Under GAAP, a valuation allowance is required to be recognized if it is “more likely than not” that a portion of the deferred tax asset will not be realized. Our policy is to evaluate our deferred tax assets on a quarterly basis and record a valuation allowance for our deferred tax asset if we do not have sufficient positive evidence indicating that it is more likely than not that some or all of the deferred tax asset will be realized. At September 30, 2016 , it was determined that the full deferred tax asset would be realized in future periods and no valuation allowance was required. Our effective tax rate for the first nine months of 2016 wa s 30.1% . During the three months ended September 30, 2016, we recognized a $213,000 tax benefit as a result of a new tax regulation that allowed the Company to utilize a capital loss carryforward that was expected to be foregone at December 31, 2015. We recognized an additional tax benefit as a result of the exercise by officers and directors of certain non-qualified stock options. Estimated compensation expense is accrued to the deferred tax asset over the vesting period of the options. When these options were exercised, the actual stock price for our common stock was higher than previously estimated, resulting in an increase to actual compensation expense above the amount previously accrued and recognition of a tax benefit. Partially offsetting these benefits, we surrendered a $10.2 million BOLI policy during the second quarter of 2016, and used the proceeds to purchase a new BOLI policy. The increase in cash surrender value during the life of the policy was previously excluded from taxable income, however due to the early surrender of the policy, we recognized additional taxable noninterest income of $182,000 and incurred a 10% penalty of $18,000 . The Company has prepared federal tax returns through December 31, 2015 , at which time the Company had an alternative minimum tax credit carryforward totaling $1.6 million which has no expiration date.

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2016
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Per the provisions of FASB ASC 260, Earnings Per Share , nonvested share-based payment awards that contain nonforfeitable rights to dividends or dividend equivalents are participating securities and are included in the computation of EPS pursuant to the two-class method. The two-class method is an earnings allocation formula that determines earnings per share for each class of common stock and participating security according to dividends declared (or accumulated) and participation rights in undistributed earnings. ESOP shares are considered outstanding for basic and diluted earnings per share when the shares are committed to be released. Certain of the Company's nonvested restricted stock awards qualify as participating securities. Net income is allocated between the common stock and participating securities pursuant to the two-class method, based on their rights to receive dividends, participate in earnings, or absorb losses. Basic earnings per common shares is computed by dividing net earnings available to common shareholders by the weighted-average number of common shares outstanding during the period, excluding participating nonvested restricted shares. The following table presents a reconciliation of the components used to compute basic and diluted earnings per share for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 (Dollars in thousands, except share data) Net income $ 2,606 $ 2,446 $ 5,871 $ 7,043 Less: Earnings allocated to participating (7 ) (9 ) $ (16 ) $ (26 ) Earnings allocated to common shareholders $ 2,599 $ 2,437 $ 5,855 $ 7,017 Basic weighted average common shares 11,859,683 13,372,573 12,329,815 13,719,522 Dilutive stock options 131,919 134,187 132,711 135,475 Dilutive restricted stock grants 20,350 21,562 18,853 23,552 Diluted weighted average common shares 12,011,952 13,528,322 12,481,379 13,878,549 Basic earnings per share $ 0.22 $ 0.18 $ 0.47 $ 0.51 Diluted earnings per share $ 0.22 $ 0.18 $ 0.47 $ 0.51 Potential dilutive shares are excluded from the computation of earnings per share if their effect is anti-dilutive. For the three and nine months ended September 30, 2016 , options to purchase an additional 60,000 shares of common stock were not included in the computation of diluted earnings per share because the incremental shares under the treasury stock method of calculation resulted in them being anti-dilutive. For the three and nine months ended September 30, 2015 , options to purchase an additional 165,000 and 225,000 shares of common stock, respectively, were excluded as their effect would be anti-dilutive.

Investments (Tables)

Investments (Tables)	9 Months Ended
	Sep. 30, 2016
Investments [Abstract]
Available-for-sale Securities	Investments available-for-sale are summarized as follows at the dates indicated: September 30, 2016 Amortized Gross Gross Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 41,456 $ 719 $ (31 ) $ 42,144 Freddie Mac 18,969 489 — 19,458 Ginnie Mae 20,006 114 (153 ) 19,967 Municipal bonds 13,237 584 (4 ) 13,817 U.S. Government agencies 14,296 174 (5 ) 14,465 Corporate bonds 24,007 404 (397 ) 24,014 Total $ 131,971 $ 2,484 $ (590 ) $ 133,865 December 31, 2015 Amortized Gross Gross 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 Total $ 129,439 $ 917 $ (791 ) $ 129,565
Schedule of Available for sale Securities in Continuous Unrealized Loss positions	The tables below summarize the aggregate fair value and gross unrealized loss by length of time those investment securities have been continuously in an unrealized loss position at the dates indicated. At September 30, 2016 , we had two municipal bonds in an unrealized loss position. At December 31, 2015 , we had no municipal bonds in an unrealized loss position. September 30, 2016 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 $ 9,194 $ (31 ) $ — $ — $ 9,194 $ (31 ) Ginnie Mae 15,877 (153 ) — — 15,877 (153 ) Municipal bonds 447 (4 ) — — 447 (4 ) U.S. Government agencies 2,002 (2 ) 1,617 (3 ) 3,619 (5 ) Corporate bonds 3,883 (117 ) 4,720 (280 ) 8,603 (397 ) Total $ 31,403 $ (307 ) $ 6,337 $ (283 ) $ 37,740 $ (590 ) 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 ) U.S. Government agencies 9,605 (88 ) — — 9,605 (88 ) Corporate bonds 10,263 (245 ) — — 10,263 (245 ) Total $ 75,084 $ (706 ) $ 3,233 $ (85 ) $ 78,317 $ (791 )
Schedule of Available for sale Securities, Debt Maturities	September 30, 2016 Amortized Cost Fair Value (In thousands) Due within one year $ 515 $ 517 Due after one year through five years 8,861 8,919 Due after five years through ten years 25,518 25,804 Due after ten years 16,646 17,056 51,540 52,296 Mortgage-backed investments 80,431 81,569 Total $ 131,971 $ 133,865

Loans Receivable_ Schedule of A

Loans Receivable: Schedule of Accounts, Notes, Loans and Financing Receivable (Tables)	9 Months Ended
	Sep. 30, 2016
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	Loans receivable are summarized as follows at the dates indicated: September 30, 2016 December 31, 2015 (In thousands) One-to-four family residential: Permanent owner occupied $ 148,304 $ 147,229 Permanent non-owner occupied 107,601 106,543 255,905 253,772 Multifamily: Permanent 135,414 122,747 Construction (1) 49,325 21,115 184,739 143,862 Commercial real estate: Permanent 329,204 244,211 Land (2) 27,916 8,290 357,120 252,501 Construction/land development: One-to-four family residential 62,120 52,233 Multifamily 49,471 25,551 Land development 3,793 8,768 115,384 86,552 Business 8,023 7,604 Consumer 6,526 6,979 Total loans 927,697 751,270 Less: Loans in process ("LIP") 68,492 53,854 Deferred loan fees, net 2,269 2,881 Allowance for loan and lease losses ("ALLL") 11,006 9,463 Loans receivable, net $ 845,930 $ 685,072 ______________________ (1) Construction/land development excludes construction loans that will convert to permanent loans. The Company considers these loans to be "rollovers" in that one loan is originated for both the construction loan and permanent financing. These loans are classified according to the underlying collateral. (2) Includes raw land or buildable lots where the Company does not intend to finance the construction. At September 30, 2016 , loans totaling $434.6 million were pledged to secure borrowings from the FHLB of Des Moines compared to $365.1 million at December 31, 2015 . The Company has issued loans to officers and directors on the same terms as comparable loans to unrelated parties. The outstanding balance of these loans was $65,000 at September 30, 2016 and $118,000 at December 31, 2015 .
Schedule of Allowance for Loan and Lease Losses, Roll Forward	The following tables summarize changes in the ALLL and loan portfolio by loan type and impairment method at the dates and for the periods shown: At or For the Three Months Ended September 30, 2016 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 2,747 $ 1,421 $ 4,021 $ 1,403 $ 217 $ 325 $ 10,134 Charge-offs — — — — — (28 ) (28 ) Recoveries — — — — — — — Provision (recapture) (60 ) 130 641 178 25 (14 ) 900 Ending balance $ 2,687 $ 1,551 $ 4,662 $ 1,581 $ 242 $ 283 $ 11,006 At or For the Nine Months Ended September 30, 2016 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,028 $ 1,298 $ 3,542 $ 941 $ 229 $ 425 $ 9,463 Charge-offs — — — — — (47 ) (47 ) Recoveries 85 — 104 — — 1 190 Provision (recapture) (426 ) 253 1,016 640 13 (96 ) 1,400 Ending balance $ 2,687 $ 1,551 $ 4,662 $ 1,581 $ 242 $ 283 $ 11,006 ALLL by category: General reserve $ 2,369 $ 1,551 $ 4,474 $ 1,581 $ 242 $ 283 $ 10,500 Specific reserve 318 — 188 — — — 506 Loans: (1) Total loans $ 255,905 $ 159,083 $ 357,120 $ 72,545 $ 8,023 $ 6,530 $ 859,206 Loans collectively evaluated for impairment (2) 227,650 157,511 352,203 72,545 8,023 6,400 824,332 Loans individually evaluated for impairment (3) 28,255 1,572 4,917 — — 130 34,874 ____________ (1) Net of LIP. (2) Loans collectively evaluated for general reserves. (3) Loans individually evaluated for specific reserves. At or For the Three Months Ended September 30, 2015 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,536 $ 1,187 $ 4,436 $ 819 $ 189 $ 436 $ 10,603 Charge-offs (2 ) — — — — (20 ) (22 ) Recoveries 217 — 48 — — — 265 Provision (recapture) (245 ) 15 (579 ) 76 21 12 (700 ) Ending balance $ 3,506 $ 1,202 $ 3,905 $ 895 $ 210 $ 428 $ 10,146 At or For the Nine Months Ended September 30, 2015 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,694 $ 1,646 $ 4,597 $ 355 $ 47 $ 152 $ 10,491 Charge-offs (27 ) (281 ) — — — (54 ) (362 ) Recoveries 908 — 105 — 3 301 1,317 Provision (recapture) (1,069 ) (163 ) (797 ) 540 160 29 (1,300 ) Ending balance $ 3,506 $ 1,202 $ 3,905 $ 895 $ 210 $ 428 $ 10,146 ALLL by category: General reserve $ 2,945 $ 1,199 $ 3,665 $ 895 $ 210 $ 388 $ 9,302 Specific reserve 561 3 240 — — 40 844 Loans: (1) Total loans 255,536 123,752 253,687 41,073 6,973 6,655 687,676 Loans collectively evaluated for impairment (2) 217,660 120,467 245,947 41,073 6,973 6,444 638,564 Loans individually evaluated for impairment (3) 37,876 3,285 7,740 — — 211 49,112 _____________ (1) Net of LIP. (2) Loans collectively evaluated for general reserves. (3) Loans individually evaluated for specific reserves.
Financing Receivables, Aging of loans	The following tables represent a summary of the aging of loans by type at the dates indicated: Loans Past Due as of September 30, 2016 30-59 Days 60-89 Days 90 Days and Total Past Current Total (1) (2) (In thousands) Real estate: One-to-four family residential: Owner occupied $ — $ — $ 169 $ 169 $ 148,135 $ 148,304 Non-owner occupied — — — — 107,601 107,601 Multifamily — — — — 159,086 159,086 Commercial real estate — — — — 357,120 357,120 Construction/land development — — — — 72,546 72,546 Total real estate — — 169 169 844,488 844,657 Business — — — — 8,023 8,023 Consumer 12 — 25 37 6,489 6,526 Total loans $ 12 $ — $ 194 $ 206 $ 859,000 $ 859,206 ________________ (1) There were no loans 90 days and greater past due and still accruing interest at September 30, 2016 . (2) Net of LIP. Loans Past Due as of December 31, 2015 30-59 Days 60-89 Days 90 Days and Total Past Current Total (1) (2) (In thousands) Real estate: One-to-four family residential: Owner occupied $ 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 loans $ 678 $ 561 $ 19 $ 1,258 $ 696,158 $ 697,416 _________________ (1) There were no loans 90 days and greater past due and still accruing interest at December 31, 2015 . (2) Net of LIP.
Schedule of non-accrual loans	The following table is a summary of nonaccrual loans by loan type at the dates indicated: September 30, 2016 December 31, 2015 (In thousands) One-to-four family residential $ 986 $ 996 Consumer 87 89 Total nonaccrual loans $ 1,073 $ 1,085
Financing Receivables, Summary of loans by type and payment activity	The following tables summarize the loan portfolio by type and payment status at the dates indicated: September 30, 2016 One-to-Four Multifamily Commercial Construction / Business Consumer Total (1) (In thousands) Performing (2) $ 254,919 $ 159,086 $ 357,120 $ 72,546 $ 8,023 $ 6,439 $ 858,133 Nonperforming (3) 986 — — — — 87 1,073 Total loans $ 255,905 $ 159,086 $ 357,120 $ 72,546 $ 8,023 $ 6,526 $ 859,206 _____________ (1) Net of LIP. (2) There were $147.3 million of owner-occupied one-to-four family residential loans and $107.6 million of non-owner occupied one-to-four family residential loans classified as performing. (3) There were $986,000 of owner-occupied one-to-four family residential loans and no non-owner occupied one-to-four family residential loans classified as nonperforming. December 31, 2015 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (1) (In thousands) Performing (2) $ 252,776 $ 133,388 $ 252,501 $ 43,172 $ 7,604 $ 6,890 $ 696,331 Nonperforming (3) 996 — — — — 89 1,085 Total loans $ 253,772 $ 133,388 $ 252,501 $ 43,172 $ 7,604 $ 6,979 $ 697,416 _____________ (1) Net of LIP. (2) 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. (3) 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.
Schedule Of Impaired Financing Receivables	The following tables present a summary of loans individually evaluated for impairment by loan type at the dates indicated: September 30, 2016 Recorded Investment (1) Unpaid Principal Balance (2) Related Allowance (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 2,414 $ 2,738 Non-owner occupied 19,179 19,197 Multifamily 1,572 1,572 Commercial real estate 1,347 1,425 Consumer 130 212 Total 24,642 25,144 — Loans with an allowance: One-to-four family residential: Owner occupied 1,902 1,972 57 Non-owner occupied 4,760 4,781 261 Commercial real estate 3,570 3,570 188 Total 10,232 10,323 506 Total impaired loans: One-to-four family residential: Owner occupied 4,316 4,710 57 Non-owner occupied 23,939 23,978 261 Multifamily 1,572 1,572 — Commercial real estate 4,917 4,995 188 Consumer 130 212 — Total $ 34,874 $ 35,467 $ 506 _________________ (1) Represents the loan balance less charge-offs. (2) Contractual loan principal balance. 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.
Schedule of Impaired Financing Receivables, Average Recorded Investment and Interest Income	The following tables present the average recorded investment in loans individually evaluated for impairment and the interest income recognized for the three and nine months ended September 30, 2016 and 2015 : Three Months Ended September 30, 2016 Nine Months Ended September 30, 2016 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 $ 2,434 $ 57 $ 2,679 $ 123 Non-owner occupied 20,208 296 21,234 878 Multifamily 1,576 26 1,189 79 Commercial real estate 1,796 31 2,089 77 Consumer 119 3 123 8 Total 26,133 413 27,314 1,165 Loans with an allowance: One-to-four family residential: Owner occupied 2,003 28 2,042 78 Non-owner occupied 5,050 76 5,874 202 Multifamily — — 393 — Commercial real estate 3,133 57 2,994 166 Consumer — — 25 — Total 10,186 161 11,328 446 Total impaired loans: One-to-four family residential: Owner occupied 4,437 85 4,721 201 Non-owner occupied 25,258 372 27,108 1,080 Multifamily 1,576 26 1,582 79 Commercial real estate 4,929 88 5,083 243 Consumer 119 3 148 8 Total $ 36,319 $ 574 $ 38,642 $ 1,611 Three Months Ended September 30, 2015 Nine Months Ended September 30, 2015 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 3,114 $ 49 $ 3,215 $ 131 Non-owner occupied 25,142 361 26,835 1,123 Multifamily 2,101 8 1,471 23 Commercial real estate 4,757 85 4,650 269 Consumer 125 2 121 3 Total 35,239 505 36,292 1,549 Loans with an allowance: One-to-four family residential: Owner occupied 2,131 12 2,240 89 Non-owner occupied 7,772 115 8,084 345 Multifamily 1,187 19 1,677 58 Commercial real estate 3,199 41 3,883 104 Consumer 77 — 78 2 Total 14,366 187 15,962 598 Total impaired loans: One-to-four family residential: Owner occupied 5,245 61 5,455 220 Non-owner occupied 32,914 476 34,919 1,468 Multifamily 3,288 27 3,148 81 Commercial real estate 7,956 126 8,533 373 Consumer 202 2 199 5 Total $ 49,605 $ 692 $ 52,254 $ 2,147
Troubled Debt Restructurings on Financing Receivables	The following tables present loans that were modified as TDRs within the periods indicated and their recorded investment both before and after the modification: Three Months Ended September 30, 2016 Nine Months Ended September 30, 2016 Number of Loans Pre-Modification Outstanding Post-Modification Outstanding Number of Loans Pre-Modification Outstanding Post-Modification Outstanding (Dollars in thousands) One-to-four family Principal and interest with interest rate concession 1 $ 316 $ 316 15 $ 3,490 $ 3,490 Advancement of maturity date 5 1,119 1,119 5 1,119 1,119 Commercial real estate: Interest-only payments with interest rate concession and advancement of maturity date — — — 1 495 495 Advancement of maturity date 1 434 434 1 434 434 Total 7 $ 1,869 $ 1,869 22 $ 5,538 $ 5,538 Three Months Ended September 30, 2015 Nine Months Ended September 30, 2015 Number of Loans Pre-Modification Outstanding Post-Modification Outstanding Number of Loans Pre-Modification Outstanding Post-Modification Outstanding (Dollars in thousands) One-to-four family Interest-only payments with interest rate concession and advancement of maturity date — $ — $ — 6 $ 1,439 $ 1,439 Principal and interest with interest rate concession and advancement of maturity date 2 $ 426 $ 426 2 $ 426 $ 426 Advancement of maturity date — — — 2 248 248 Commercial real estate: Principal and interest with interest rate concession and advancement of maturity date 1 775 775 1 775 775 Interest-only payments with interest rate concession and advancement of maturity date — — — 1 496 496 Advancement of maturity date — — — 2 866 866 Interest-only payments with advancement of maturity date — — — 1 2,004 2,004 Total 3 $ 1,201 $ 1,201 15 $ 6,254 $ 6,254
Financing Receivables, Summary of loans by type and risk category	The following tables represent a summary of loans by type and risk category at the dates indicated: September 30, 2016 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (1) (In thousands) Risk Rating: Pass $ 251,394 $ 159,086 $ 352,873 $ 72,546 $ 8,023 $ 6,251 $ 850,173 Special mention 2,971 — 3,752 — — 188 6,911 Substandard 1,540 — 495 — — 87 2,122 Total loans $ 255,905 $ 159,086 $ 357,120 $ 72,546 $ 8,023 $ 6,526 $ 859,206 _____________ (1) Net of LIP. 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 loans $ 253,772 $ 133,388 $ 252,501 $ 43,172 $ 7,604 $ 6,979 $ 697,416 _____________ (1) Net of LIP.

Other Real Estate Owned (Tables

Other Real Estate Owned (Tables)	9 Months Ended
	Sep. 30, 2016
Other Real Estate [Abstract]
Other Real Estate, Roll Forward	The following table is a summary of OREO activity during the periods shown: Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 (In thousands) Balance at beginning of period $ 2,331 $ 4,416 $ 3,663 $ 9,283 Loans transferred to OREO — — — 141 Gross proceeds from sale of OREO — (181 ) (988 ) (5,715 ) (Loss) gain on sale of OREO — — (87 ) 531 Market value adjustments — — (257 ) (5 ) Balance at end of period $ 2,331 $ 4,235 $ 2,331 $ 4,235

Fair Value (Tables)

Fair Value (Tables)	9 Months Ended
	Sep. 30, 2016
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	e tables below present the balances of assets measured at fair value on a recurring basis (there were no transfers between Level 1, Level 2 and Level 3 recurring measurements) at the dates indicated: Fair Value Measurements at September 30, 2016 Fair Value Measurements Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (In thousands) Investments available-for-sale: Mortgage-backed investments: Fannie Mae $ 42,144 $ — $ 42,144 $ — Freddie Mac 19,458 — 19,458 — Ginnie Mae 19,967 — 19,967 — Municipal bonds 13,817 — 13,817 — U.S. Government agencies 14,465 — 14,465 — Corporate bonds 24,014 — 24,014 — Total $ 133,865 $ — $ 133,865 $ — Fair Value Measurements at 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) Investments available-for-sale: 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 — Total $ 129,565 $ — $ 129,565 $ —
Schedule of balances of assets and liabilities, measured at fair value on a non-recurring basis	e tables below present the balances of assets measured at fair value on a nonrecurring basis at September 30, 2016 and December 31, 2015 . Fair Value Measurements at September 30, 2016 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans (1) $ 34,368 $ — $ — $ 34,368 OREO 2,331 — — 2,331 Total $ 36,699 $ — $ — $ 36,699 _____________ (1) Total fair value of impaired loans is net of $506,000 of specific reserves on performing TDRs. Fair Value Measurements at December 31, 2015 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans (1) $ 42,557 $ — $ — $ 42,557 OREO 3,663 — — 3,663 Total $ 46,220 $ — $ — $ 46,220 _____________ (1) Total fair value of impaired loans is net of $732,000 of specific reserves on performing TDRs.
Schedule of quantitative information about Level 3 Fair Value Measurements on a nonrecurring basis	e following table presents quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a nonrecurring basis at September 30, 2016 and December 31, 2015 . September 30, 2016 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 34,368 Market approach Appraised value discounted by market or borrower conditions 0 - 7.8% (0.1%) OREO $ 2,331 Market approach Appraised value less selling costs 0.0% (0.0%) December 31, 2015 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 42,557 Market approach Appraised value discounted by market or borrower conditions 0% - 2.1% OREO $ 3,663 Market approach Appraised value less selling costs 0% - 13.6%
Fair Value, by Balance Sheet Grouping	e carrying amounts and estimated fair values of financial instruments were as follows at the dates indicated: September 30, 2016 Estimated Fair Value Measurements Using: Carrying Value Fair Value Level 1 Level 2 Level 3 (In thousands) Financial Assets: Cash on hand and in banks $ 5,803 $ 5,803 $ 5,803 $ — $ — Interest-earning deposits 26,708 26,708 26,708 — — Investments available-for-sale 133,865 133,865 — 133,865 — Loans receivable, net 845,930 862,708 — — 862,708 FHLB stock 10,031 10,031 — 10,031 — Accrued interest receivable 3,378 3,378 — 3,378 — Financial Liabilities: Deposits 266,161 266,161 266,161 — — Certificates of deposit, retail 350,522 353,130 — 353,130 — Certificates of deposit, brokered 75,488 75,599 — 75,599 — Advances from the FHLB 221,500 221,788 — 221,788 — Accrued interest payable 116 116 — 116 — December 31, 2015 Estimated Fair Value Measurements Using: Carrying Value Fair Value Level 1 Level 2 Level 3 (In thousands) Financial Assets: Cash on hand and in banks $ 5,713 $ 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 —

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2016
Share-based Compensation [Abstract]
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award	A summary of changes in nonvested restricted stock awards for the three and nine months ended September 30, 2016 , follows: For the Three Months Ended September 30, 2016 Shares Weighted-Average Nonvested at July 1, 2016 47,800 $ 8.95 Granted — Vested (9,700 ) 8.97 Canceled (5,300 ) 8.97 Forfeited — Nonvested at September 30, 2016 32,800 8.94 Expected to vest assuming a 3% forfeiture rate over the vesting term 31,816 For the Nine Months Ended September 30, 2016 Shares Weighted-Average Nonvested at January 1, 2016 47,800 $ 8.95 Granted 14,052 12.81 Vested (23,752 ) 10.83 Canceled (5,300 ) 8.97 Forfeited — Nonvested at September 30, 2016 32,800 8.94 Expected to vest assuming a 3% forfeiture rate over the vesting term 31,816 A summary of the Company’s stock option plan awards and activity for the three and nine months ended September 30, 2016 , follows: For the Three Months Ended September 30, 2016 Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term in Years Aggregate Intrinsic Value Outstanding at July 1, 2016 726,320 $ 10.12 Granted — Exercised (7,500 ) 9.78 Canceled — Forfeited or expired — Outstanding at September 30, 2016 718,820 10.12 4.56 2,908,520 Vested and expected to vest assuming a 3% forfeiture 713,090 10.12 4.53 2,891,228 Exercisable at September 30, 2016 527,820 9.75 3.40 2,332,110 For the Nine Months Ended September 30, 2016 Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term in Years Aggregate Intrinsic Value Outstanding at January 1, 2016 884,260 $ 10.11 Granted — Exercised (63,173 ) 9.78 Canceled (82,267 ) Forfeited or expired (20,000 ) 12.05 Outstanding at September 30, 2016 718,820 10.12 4.56 2,908,520 Vested and expected to vest assuming a 3% forfeiture rate over the vesting term 713,090 10.12 4.53 2,891,228 Exercisable at September 30, 2016 527,820 9.75 3.40 2,332,110

Earnings Per Share_ Schedule of

Earnings Per Share: Schedule of Earnings Per Share Reconciliation (Tables)	9 Months Ended
	Sep. 30, 2016
Earnings Per Share [Abstract]
Schedule of Earnings Per Share Reconciliation	The following table presents a reconciliation of the components used to compute basic and diluted earnings per share for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, 2016 2015 2016 2015 (Dollars in thousands, except share data) Net income $ 2,606 $ 2,446 $ 5,871 $ 7,043 Less: Earnings allocated to participating (7 ) (9 ) $ (16 ) $ (26 ) Earnings allocated to common shareholders $ 2,599 $ 2,437 $ 5,855 $ 7,017 Basic weighted average common shares 11,859,683 13,372,573 12,329,815 13,719,522 Dilutive stock options 131,919 134,187 132,711 135,475 Dilutive restricted stock grants 20,350 21,562 18,853 23,552 Diluted weighted average common shares 12,011,952 13,528,322 12,481,379 13,878,549 Basic earnings per share $ 0.22 $ 0.18 $ 0.47 $ 0.51 Diluted earnings per share $ 0.22 $ 0.18 $ 0.47 $ 0.51

Investments_ Available-for-sale

Investments: Available-for-sale Securities (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Proceeds from Sale of Available-for-sale Securities, Debt			$ 24,400,000	$ 22,000,000
Gain (Loss) on Sale of Investments	$ 33,000	$ 85,000	33,000	85,000
Amortized Cost	131,971,000		131,971,000		$ 129,439,000
Gross Unrealized Gains	2,484,000		2,484,000		917,000
Gross Unrealized Losses	(590,000)		(590,000)		(791,000)
Fair Value	133,865,000		133,865,000		129,565,000
Payments to Acquire Marketable Securities			40,522,000	$ 44,674,000
Mortgage-backed investments, Fannie Mae
Amortized Cost	41,456,000		41,456,000		50,288,000
Gross Unrealized Gains	719,000		719,000		260,000
Gross Unrealized Losses	(31,000)		(31,000)		(227,000)
Fair Value	42,144,000		42,144,000		50,321,000
Mortgage-backed investments, Freddie Mac
Amortized Cost	18,969,000		18,969,000		26,011,000
Gross Unrealized Gains	489,000		489,000		243,000
Gross Unrealized Losses	0		0		(117,000)
Fair Value	19,458,000		19,458,000		26,137,000
Mortgage-backed investments, Ginnie Mae
Amortized Cost	20,006,000		20,006,000		13,802,000
Gross Unrealized Gains	114,000		114,000		44,000
Gross Unrealized Losses	(153,000)		(153,000)		(114,000)
Fair Value	19,967,000		19,967,000		13,732,000
Municipal Bonds
Amortized Cost	13,237,000		13,237,000		11,787,000
Gross Unrealized Gains	584,000		584,000		277,000
Gross Unrealized Losses	(4,000)		(4,000)		0
Fair Value	13,817,000		13,817,000		12,064,000
US Government agencies
Amortized Cost	14,296,000		14,296,000		13,541,000
Gross Unrealized Gains	174,000		174,000		89,000
Gross Unrealized Losses	(5,000)		(5,000)		(88,000)
Fair Value	14,465,000		14,465,000		13,542,000
Corporate Bonds
Amortized Cost	24,007,000		24,007,000		14,010,000
Gross Unrealized Gains	404,000		404,000		4,000
Gross Unrealized Losses	(397,000)		(397,000)		(245,000)
Fair Value	24,014,000		$ 24,014,000		$ 13,769,000
Call Option [Member]
Gain (Loss) on Sale of Investments	$ 33,000	$ 85,000,000

Investments_ Schedule of Availa

Investments: Schedule of Available for sale Securities in Continuous Unrealized Loss positions (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2016USD ($)	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)	Sep. 30, 2015USD ($)	Dec. 31, 2015USD ($)
Fair Value	$ 31,403,000		$ 31,403,000		$ 75,084,000
Unrealized Loss	(307,000)		(307,000)		(706,000)
Fair Value	6,337,000		6,337,000		3,233,000
Unrealized Loss	(283,000)		(283,000)		(85,000)
Fair Value	$ 37,740,000		$ 37,740,000		$ 78,317,000
Unrealized Loss	17		17		43
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	$ 590,000		$ 590,000		$ 791,000
Proceeds from Sale of Available-for-sale Securities, Debt			24,400,000	$ 22,000,000
Gain (Loss) on Sale of Investments	33,000	$ 85,000	33,000	$ 85,000
Mortgage-backed investments, Fannie Mae
Fair Value	9,194,000		9,194,000		37,593,000
Unrealized Loss	(31,000)		(31,000)		(227,000)
Fair Value	0		0		0
Unrealized Loss	0		0		0
Fair Value	9,194,000		9,194,000		37,593,000
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	31,000		31,000		227,000
Mortgage-backed investments, Freddie Mac
Fair Value					12,115,000
Unrealized Loss					(117,000)
Fair Value					0
Unrealized Loss					0
Fair Value					12,115,000
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss					117,000
Mortgage backed investments Ginnie Mae
Fair Value	15,877,000		15,877,000		5,508,000
Unrealized Loss	(153,000)		(153,000)		(29,000)
Fair Value	0		0		3,233,000
Unrealized Loss	0		0		(85,000)
Fair Value	15,877,000		15,877,000		8,741,000
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	153,000		153,000		$ 114,000
Municipal Bonds
Fair Value	447,000		447,000
Unrealized Loss	(4,000)		(4,000)
Fair Value	0		0
Unrealized Loss	0		0
Fair Value	$ 447,000		$ 447,000
Unrealized Loss	2		2		0
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	$ 4,000		$ 4,000
US Government agencies
Fair Value	2,002,000		2,002,000		9,605,000
Unrealized Loss	(2,000)		(2,000)		(88,000)
Fair Value	1,617,000		1,617,000		0
Unrealized Loss	(3,000)		(3,000)		0
Fair Value	3,619,000		3,619,000		9,605,000
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	5,000		5,000		88,000
Corporate Bonds
Fair Value	3,883,000		3,883,000		10,263,000
Unrealized Loss	(117,000)		(117,000)		(245,000)
Fair Value	4,720,000		4,720,000		0
Unrealized Loss	(280,000)		(280,000)		0
Fair Value	8,603,000		8,603,000		10,263,000
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	$ 397,000		$ 397,000		$ 245,000

Investments_ Narrative (Details

Investments: Narrative (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2016USD ($)securities	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)securities	Sep. 30, 2015USD ($)	Dec. 31, 2015USD ($)securities
Schedule of Available-for-sale Securities [Line Items]
Fair Value	$ 37,740,000		$ 37,740,000		$ 78,317,000
Unrealized Loss	$ 590,000		$ 590,000		791,000
Investments pledged as collateral for FHLB advances	50.00%		50.00%
Investments pledged as collateral for public deposits	$ 24,000,000		$ 24,000,000		$ 17,400,000
Principal repayments on investments available-for-sale	24,500,000	$ 22,100,000	24,900,000	$ 23,700,000
Net gain (loss) on sale of investments	$ (33,000)	(85,000)	$ (33,000)	(85,000)
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year | securities	4		4		3
Unrealized Loss	17		17		43
Proceeds from Sale of Available-for-sale Securities, Debt			$ 24,400,000	$ 22,000,000
Call Option [Member]
Schedule of Available-for-sale Securities [Line Items]
Net gain (loss) on sale of investments	$ (33,000)	$ (85,000,000)
Municipal Bonds
Schedule of Available-for-sale Securities [Line Items]
Fair Value	447,000		447,000
Unrealized Loss	$ 4,000		$ 4,000
Unrealized Loss	2		2		0

Investments_ Schedule of Avai28

Investments: Schedule of Available for sale Securities, Debt Maturities (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Investments [Abstract]
Due within one year, Amortized Cost	$ 515
Due after one year through five years, Amortized Cost	8,861
Due after five years through ten years, Amortized Cost	25,518
Due after ten years, Amortized Cost	16,646
Debt maturities, Amortized Cost	51,540
Mortgage-backed investments, Amortized Cost	80,431
Amortized Cost	131,971	$ 129,439
Due within one year, Fair Value	517
Due after one year through five years, Fair Value	8,919
Due after five years through ten years, Fair Value	25,804
Due after ten years, Fair Value	17,056
Debt maturities, Fair Value	52,296
Mortgage-backed investments, Fair Value	81,569
Fair Value	$ 133,865

Loans Receivable_ Schedule of29

Loans Receivable: Schedule of Accounts, Notes, Loans and Financing Receivable (Details) - USD ($) $ in Thousands		Sep. 30, 2016	Jun. 30, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2014
Loans receivable		$ 927,697		$ 751,270
Loans in process (LIP)		68,492		53,854
Deferred loan fees, net		2,269		2,881
ALLL		11,006		9,463
Loans receivable, net		845,930		685,072
One-to-four family, residential, owner occupied
Loans receivable		148,304		147,229
One to four family residential non owner occupied
Loans receivable		107,601		106,543
One to Four Family
Loans receivable		255,905		253,772
Multifamily Permanent
Loans receivable		135,414		122,747
Multifamily Construction
Loans receivable		49,325		21,115
One to four family residential
ALLL		2,687	$ 2,747	3,028	$ 3,506	$ 3,536	$ 3,694
Multifamily
Loans receivable		184,739		143,862
ALLL		1,551	1,421	1,298	1,202	1,187	1,646
Commercial Real Estate Permanent
Loans receivable		329,204		244,211
Commercial Real Estate Land
Loans receivable		27,916		8,290
Commercial Real Estate
Loans receivable		357,120		252,501
ALLL		4,662	4,021	3,542	3,905	4,436	4,597
Construction/Land Development One-to-four family residential
Loans receivable		62,120		52,233
Construction Land Development Multifamily
Loans receivable	[1]	49,471		25,551
Construction Land Development Land Development
Loans receivable	[1]	3,793		8,768
Construction Land Development
Loans receivable	[1]	115,384		86,552
ALLL		1,581	1,403	941	895	819	355
Business
Loans receivable		8,023		7,604
ALLL		242	217	229	210	189	47
Consumer
Loans receivable		6,526		6,979
ALLL		283	325	425	428	436	152
Property total
ALLL		$ 11,006	$ 10,134	$ 9,463	$ 10,146	$ 10,603	$ 10,491
[1]	At September 30, 2016, loans totaling $434.6 million were pledged to secure borrowings from the FHLB of Des Moines compared to $365.1 million at December 31, 2015. The Company has issued loans to officers and directors on the same terms as comparable loans to unrelated parties. The outstanding balance of these loans was $65,000 at September 30, 2016 and $118,000 at December 31, 2015.

Loans Receivable_ Schedule of30

Loans Receivable: Schedule of Allowance for Loan and Lease Losses, Roll Forward (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Dec. 31, 2015	Sep. 30, 2015
Loans receivable allowance for loan losses	$ 11,006		$ 9,463		$ 11,006	$ 9,463
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance			9,463
Provision (recapture)	900	$ (700)	1,400	$ (1,300)
Loans and Leases Receivable, Allowance, Ending Balance	11,006		11,006
One to four family residential
Impaired Financing Receivable, Related Allowance					318		$ 561
Loans receivable allowance for loan losses	2,747	3,536	3,028	3,694	2,687	3,028	3,506
Total Loans					255,905		255,536
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	2,747	3,536	3,028	3,694
Charge-offs	0	(2)	0	(27)
Recoveries	0	217	85	908
Provision (recapture)	(60)	(245)	(426)	(1,069)
Loans and Leases Receivable, Allowance, Ending Balance	2,687	3,506	2,687	3,506
Financing Receivable, Collectively Evaluated for Impairment					227,650		217,660
Financing Receivable, Individually Evaluated for Impairment					28,255		37,876
One to four family residential | General Reserve
Loans receivable allowance for loan losses	2,369	2,945	2,369	2,945	2,369		2,945
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	2,369	2,945	2,369	2,945
Multifamily
Impaired Financing Receivable, Related Allowance					0	3	3
Loans receivable allowance for loan losses	1,421	1,187	1,298	1,646	1,551	1,298	1,202
Total Loans					159,083		123,752
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	1,421	1,187	1,298	1,646
Charge-offs	0	0	0	(281)
Recoveries	0	0	0	0
Provision (recapture)	130	15	253	(163)
Loans and Leases Receivable, Allowance, Ending Balance	1,551	1,202	1,551	1,202
Financing Receivable, Collectively Evaluated for Impairment					157,511		120,467
Financing Receivable, Individually Evaluated for Impairment					1,572		3,285
Multifamily | General Reserve
Loans receivable allowance for loan losses	1,551	1,199	1,551	1,199	1,551		1,199
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	1,551	1,199	1,551	1,199
Commercial Real Estate
Impaired Financing Receivable, Related Allowance					188	178	240
Loans receivable allowance for loan losses	4,021	4,436	3,542	4,597	4,662	3,542	3,905
Total Loans					357,120		253,687
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	4,021	4,436	3,542	4,597
Charge-offs	0	0	0	0
Recoveries	0	48	104	105
Provision (recapture)	641	(579)	1,016	(797)
Loans and Leases Receivable, Allowance, Ending Balance	4,662	3,905	4,662	3,905
Financing Receivable, Collectively Evaluated for Impairment					352,203		245,947
Financing Receivable, Individually Evaluated for Impairment					4,917		7,740
Commercial Real Estate | General Reserve
Loans receivable allowance for loan losses	4,474	3,665	4,474	3,665	4,474		3,665
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	4,474	3,665	4,474	3,665
Construction Land Development
Impaired Financing Receivable, Related Allowance					0		0
Loans receivable allowance for loan losses	1,403	819	941	355	1,581	941	895
Total Loans					72,545		41,073
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	1,403	819	941	355
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision (recapture)	178	76	640	540
Loans and Leases Receivable, Allowance, Ending Balance	1,581	895	1,581	895
Financing Receivable, Collectively Evaluated for Impairment					72,545		41,073
Financing Receivable, Individually Evaluated for Impairment					0		0
Construction Land Development | General Reserve
Loans receivable allowance for loan losses	1,581	895	1,581	895	1,581		895
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	1,581	895	1,581	895
Business
Impaired Financing Receivable, Related Allowance					0		0
Loans receivable allowance for loan losses	217	189	229	47	242	229	210
Total Loans					8,023		6,973
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	217	189	229	47
Charge-offs	0	0	0	0
Recoveries	0	0	0	3
Provision (recapture)	25	21	13	160
Loans and Leases Receivable, Allowance, Ending Balance	242	210	242	210
Financing Receivable, Collectively Evaluated for Impairment					8,023		6,973
Financing Receivable, Individually Evaluated for Impairment					0		0
Business | General Reserve
Loans receivable allowance for loan losses	242	210	242	210	242		210
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	242	210	242	210
Consumer
Impaired Financing Receivable, Related Allowance					0		40
Loans receivable allowance for loan losses	325	436	425	152	283	425	428
Total Loans					6,530		6,655
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	325	436	425	152
Charge-offs	(28)	(20)	(47)	(54)
Recoveries	0	0	1	301
Provision (recapture)	(14)	12	(96)	29
Loans and Leases Receivable, Allowance, Ending Balance	283	428	283	428
Financing Receivable, Collectively Evaluated for Impairment					6,400		6,444
Financing Receivable, Individually Evaluated for Impairment					130		211
Consumer | General Reserve
Loans receivable allowance for loan losses	283	388	283	388	283		388
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	283	388	283	388
Property total
Impaired Financing Receivable, Related Allowance					506	732	844
Loans receivable allowance for loan losses	10,134	10,603	9,463	10,491	11,006	$ 9,463	10,146
Total Loans					859,206		687,676
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	10,134	10,603	9,463	10,491
Charge-offs	(28)	(22)	(47)	(362)
Recoveries	0	265	190	1,317
Provision (recapture)	900	(700)	1,400	(1,300)
Loans and Leases Receivable, Allowance, Ending Balance	11,006	10,146	11,006	10,146
Financing Receivable, Collectively Evaluated for Impairment					824,332		638,564
Financing Receivable, Individually Evaluated for Impairment					34,874		49,112
Property total | General Reserve
Loans receivable allowance for loan losses	10,500	9,302	10,500	9,302	$ 10,500		$ 9,302
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	$ 10,500	$ 9,302	$ 10,500	$ 9,302

Loans Receivable_ Narratives (D

Loans Receivable: Narratives (Details) - USD ($)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Loans Pledged as Collateral	$ 434,600,000		$ 434,600,000		$ 365,100,000
Loans and Leases Receivable, Related Parties	65,000		65,000		$ 118,000
Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans	$ 13,000	$ 31,000	$ 40,000	$ 87,000
Loans and Leases Receivable, Ratio of Nonperforming Loans to All Loans	0.02%		0.02%		0.18%
Loans and Leases Receivable, Impaired, Commitment to Lend	$ 0		$ 0		$ 0
Troubled Debt Restructuring Loans	34,000,000		34,000,000		42,300,000
Troubled Debt Restructuring Commitment To Extend Additional Credit	0	0	0	$ 0
Financing Receivable, Modifications, Subsequent Default, Recorded Investment	0	$ 1	495,000
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 182,000		$ 182,000		$ 131,000
Minimum
Troubled Debt Restructuring, Interest Rate Concession Period	1 year	1 year	1 year		1 year
Maximum
Troubled Debt Restructuring, Interest Rate Concession Period	3 years	3 years	3 years		3 years

Loans Receivable_ Financing Rec

Loans Receivable: Financing Receivables, Aging of loans (Details) - USD ($)	Sep. 30, 2016		Dec. 31, 2015
Financing Receivable, Recorded Investment, 90 Days Past Due and Still Accruing	$ 0		$ 0
One-to-four family, residential, owner occupied
Total	169,000		1,161,000
Current	148,135,000		146,068,000
Total Loans	148,304,000	[1],[2]	147,229,000	[3],[4]
One to four family residential non owner occupied
Total	0		0
Current	107,601,000		106,543,000
Total Loans	107,601,000	[1],[2]	106,543,000	[3],[4]
Multifamily
Total	0		0
Current	159,086,000		133,388,000
Total Loans	159,086,000	[1],[2]	133,388,000	[3],[4]
Commercial Real Estate
Total	0		0
Current	357,120,000		252,501,000
Total Loans	357,120,000	[1],[2]	252,501,000	[3],[4]
Construction Land Development
Total	0		0
Current	72,546,000		43,172,000
Total Loans	72,546,000	[1],[2]	43,172,000	[3],[4]
Real Estate, Total
Total	169,000		1,161,000
Current	844,488,000		681,672,000
Total Loans	844,657,000	[1],[2]	682,833,000	[3],[4]
Business
Total	0		0
Current	8,023,000		7,604,000
Total Loans	8,023,000	[1],[2]	7,604,000	[3],[4]
Consumer
Total	37,000		97,000
Current	6,489,000		6,882,000
Total Loans	6,526,000	[1],[2]	6,979,000	[3],[4]
Property total
Total	206,000		1,258,000
Current	859,000,000		696,158,000
Total Loans	859,206,000	[1],[2],[5],[6]	697,416,000	[3],[4],[7],[8]
Financing Receivables, 30 to 59 Days Past Due [Member] | One-to-four family, residential, owner occupied
Total	0		678,000
Financing Receivables, 30 to 59 Days Past Due [Member] | One to four family residential non owner occupied
Total	0		0
Financing Receivables, 30 to 59 Days Past Due [Member] | Multifamily
Total	0		0
Financing Receivables, 30 to 59 Days Past Due [Member] | Commercial Real Estate
Total	0		0
Financing Receivables, 30 to 59 Days Past Due [Member] | Construction Land Development
Total	0		0
Financing Receivables, 30 to 59 Days Past Due [Member] | Real Estate, Total
Total	0		678,000
Financing Receivables, 30 to 59 Days Past Due [Member] | Business
Total	0		0
Financing Receivables, 30 to 59 Days Past Due [Member] | Consumer
Total	12,000		0
Financing Receivables, 30 to 59 Days Past Due [Member] | Property total
Total	12,000		678,000
Financing Receivables, 60 to 89 Days Past Due [Member] | One-to-four family, residential, owner occupied
Total	0		483,000
Financing Receivables, 60 to 89 Days Past Due [Member] | One to four family residential non owner occupied
Total	0		0
Financing Receivables, 60 to 89 Days Past Due [Member] | Multifamily
Total	0		0
Financing Receivables, 60 to 89 Days Past Due [Member] | Commercial Real Estate
Total	0		0
Financing Receivables, 60 to 89 Days Past Due [Member] | Construction Land Development
Total	0		0
Financing Receivables, 60 to 89 Days Past Due [Member] | Real Estate, Total
Total	0		483,000
Financing Receivables, 60 to 89 Days Past Due [Member] | Business
Total	0		0
Financing Receivables, 60 to 89 Days Past Due [Member] | Consumer
Total	0		78,000
Financing Receivables, 60 to 89 Days Past Due [Member] | Property total
Total	0		561,000
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | One-to-four family, residential, owner occupied
Total	169,000		0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | One to four family residential non owner occupied
Total	0		0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Multifamily
Total	0		0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Commercial Real Estate
Total	0		0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Construction Land Development
Total	0		0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Real Estate, Total
Total	169,000		0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Business
Total	0		0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Consumer
Total	25,000		19,000
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Property total
Total	$ 194,000		$ 19,000
[1]	Net of LIP.
[2]	There were no loans 90 days and greater past due and still accruing interest at September 30, 2016.
[3]	Net of LIP.
[4]	There were no loans 90 days and greater past due and still accruing interest at December 31, 2015.
[5]	Net of LIP.
[6]	Net of LIP.
[7]	Net of LIP.
[8]	Net of LIP.

Loans Receivable Loans Receivab

Loans Receivable Loans Receivable: Schedule of non accrual loans by type (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015	Dec. 31, 2015
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 36,319	$ 49,605	$ 38,642	$ 52,254
Nonaccrual Loans, total	1,073		1,073		$ 1,085
One to Four Family
Nonaccrual Loans, total	986		986		996
Consumer
Nonaccrual Loans, total	$ 87		$ 87		$ 89

Loans Receivable_ Financing R34

Loans Receivable: Financing Receivables, Summary of loans by type and risk category (Details) - USD ($)	Sep. 30, 2016		Dec. 31, 2015
One to four family residential
Financing Receivable, Net	$ 255,905,000		$ 253,772,000
Multifamily
Financing Receivable, Net	159,086,000	[1],[2]	133,388,000	[3],[4]
Commercial Real Estate
Financing Receivable, Net	357,120,000	[1],[2]	252,501,000	[3],[4]
Construction Land Development
Financing Receivable, Net	72,546,000	[1],[2]	43,172,000	[3],[4]
Business
Financing Receivable, Net	8,023,000	[1],[2]	7,604,000	[3],[4]
Consumer
Financing Receivable, Net	6,526,000	[1],[2]	6,979,000	[3],[4]
Property total
Financing Receivable, Net	859,206,000	[1],[2],[5],[6]	697,416,000	[3],[4],[7],[8]
One-to-four family, residential, owner occupied
Financing Receivable, Net	148,304,000	[1],[2]	147,229,000	[3],[4]
One to four family residential non owner occupied
Financing Receivable, Net	107,601,000	[1],[2]	106,543,000	[3],[4]
Performing Financing Receivable | One to four family residential
Financing Receivable, Net	254,919,000	[9]	252,776,000	[10]
Performing Financing Receivable | Multifamily
Financing Receivable, Net	159,086,000	[9]	133,388,000	[10]
Performing Financing Receivable | Commercial Real Estate
Financing Receivable, Net	357,120,000	[9]	252,501,000	[10]
Performing Financing Receivable | Construction Land Development
Financing Receivable, Net	72,546,000	[9]	43,172,000	[10]
Performing Financing Receivable | Business
Financing Receivable, Net	8,023,000	[9]	7,604,000	[10]
Performing Financing Receivable | Consumer
Financing Receivable, Net	6,439,000	[9]	6,890,000	[10]
Performing Financing Receivable | Property total
Financing Receivable, Net	858,133,000	[6],[9]	696,331,000	[8],[10]
Performing Financing Receivable | One-to-four family, residential, owner occupied
Financing Receivable, Net	147,300,000		146,200,000
Performing Financing Receivable | One to four family residential non owner occupied
Financing Receivable, Net	107,600,000		106,500,000
Nonperforming Financing Receivable | One to four family residential
Financing Receivable, Net	986,000	[11]	996,000	[12]
Nonperforming Financing Receivable | Multifamily
Financing Receivable, Net	0	[11]	0	[12]
Nonperforming Financing Receivable | Commercial Real Estate
Financing Receivable, Net	0	[11]	0	[12]
Nonperforming Financing Receivable | Construction Land Development
Financing Receivable, Net	0	[11]	0	[12]
Nonperforming Financing Receivable | Business
Financing Receivable, Net	0	[11]	0	[12]
Nonperforming Financing Receivable | Consumer
Financing Receivable, Net	87,000	[11]	89,000	[12]
Nonperforming Financing Receivable | Property total
Financing Receivable, Net	1,073,000	[6],[11]	1,085,000	[8],[12]
Nonperforming Financing Receivable | One-to-four family, residential, owner occupied
Financing Receivable, Net	986,000		996,000
Nonperforming Financing Receivable | One to four family residential non owner occupied
Financing Receivable, Net	0		0
Pass | One to four family residential
Financing Receivable, Net	251,394,000		247,239,000
Pass | Multifamily
Financing Receivable, Net	159,086,000		133,388,000
Pass | Commercial Real Estate
Financing Receivable, Net	352,873,000		248,196,000
Pass | Construction Land Development
Financing Receivable, Net	72,546,000		43,172,000
Pass | Business
Financing Receivable, Net	8,023,000		7,604,000
Pass | Consumer
Financing Receivable, Net	6,251,000		6,702,000
Pass | Property total
Financing Receivable, Net	850,173,000	[5]	686,301,000	[7]
Special Mention | One to four family residential
Financing Receivable, Net	2,971,000		3,840,000
Special Mention | Multifamily
Financing Receivable, Net	0		0
Special Mention | Commercial Real Estate
Financing Receivable, Net	3,752,000		3,809,000
Special Mention | Construction Land Development
Financing Receivable, Net	0		0
Special Mention | Business
Financing Receivable, Net	0		0
Special Mention | Consumer
Financing Receivable, Net	188,000		188,000
Special Mention | Property total
Financing Receivable, Net	6,911,000	[5]	7,837,000	[7]
Substandard | One to four family residential
Financing Receivable, Net	1,540,000		2,693,000
Substandard | Multifamily
Financing Receivable, Net	0		0
Substandard | Commercial Real Estate
Financing Receivable, Net	495,000		496,000
Substandard | Construction Land Development
Financing Receivable, Net	0		0
Substandard | Business
Financing Receivable, Net	0		0
Substandard | Consumer
Financing Receivable, Net	87,000		89,000
Substandard | Property total
Financing Receivable, Net	$ 2,122,000	[5]	$ 3,278,000	[7]
[1]	Net of LIP.
[2]	There were no loans 90 days and greater past due and still accruing interest at September 30, 2016.
[3]	Net of LIP.
[4]	There were no loans 90 days and greater past due and still accruing interest at December 31, 2015.
[5]	Net of LIP.
[6]	Net of LIP.
[7]	Net of LIP.
[8]	Net of LIP.
[9]	There were $147.3 million of owner-occupied one-to-four family residential loans and $107.6 million of non-owner occupied one-to-four family residential loans classified as performing.
[10]	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.
[11]	There were $986,000 of owner-occupied one-to-four family residential loans and no non-owner occupied one-to-four family residential loans classified as nonperforming. December 31, 2015 One-to-FourFamilyResidential Multifamily CommercialReal Estate Construction/LandDevelopment Business Consumer Total (1) (In thousands)Performing (2)$252,776 $133,388 $252,501 $43,172 $7,604 $6,890 $696,331Nonperforming (3)996 — — — — 89 1,085Total loans$253,772 $133,388 $252,501 $43,172 $7,604 $6,979 $697,416
[12]	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.

Loans Receivable_ Schedule of I

Loans Receivable: Schedule of Impaired Financing Receivables (Details) - USD ($) $ in Thousands		3 Months Ended			9 Months Ended
		Sep. 30, 2016		Sep. 30, 2015	Sep. 30, 2016		Sep. 30, 2015	Dec. 31, 2015
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment		$ 26,133		$ 35,239	$ 27,314		$ 36,292
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized		413		505	1,165		1,549
Impaired Financing Receivable, Recorded Investment		34,368	[1]		34,368	[1]		$ 42,557	[2]
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment		10,186		14,366	11,328		15,962
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized		161		187	446		598
Impaired Financing Receivable, Average Recorded Investment		36,319		49,605	38,642		52,254
Impaired Financing Receivable, Interest Income, Accrual Method		574		692	1,611		2,147
One-to-four family, residential, owner occupied
Impaired Financing Receivable, with No Related Allowance, Recorded Investment		2,414	[3]		2,414	[3]		3,169	[4]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance		2,738	[5]		2,738	[5]		3,441	[6]
Impaired Financing Receivable, with Related Allowance, Recorded Investment		1,902	[3]		1,902	[3]		2,120	[4]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance		1,972	[5]		1,972	[5]		2,189	[6]
Impaired Financing Receivable, Related Allowance		57			57			85
Impaired Financing Receivable, Recorded Investment		4,316	[3]		4,316	[3]		5,289	[4]
Impaired Financing Receivable, Unpaid Principal Balance		4,710	[5]		4,710	[5]		5,630	[6]
One to four family residential non owner occupied
Impaired Financing Receivable, with No Related Allowance, Recorded Investment		19,179	[3]		19,179	[3]		23,285	[4]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance		19,197	[5]		19,197	[5]		23,310	[6]
Impaired Financing Receivable, with Related Allowance, Recorded Investment		4,760	[3]		4,760	[3]		7,521	[4]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance		4,781	[5]		4,781	[5]		7,573	[6]
Impaired Financing Receivable, Related Allowance		261			261			427
Impaired Financing Receivable, Recorded Investment		23,939	[3]		23,939	[3]		30,806	[4]
Impaired Financing Receivable, Unpaid Principal Balance		23,978	[5]		23,978	[5]		30,883	[6]
Multifamily
Impaired Financing Receivable, with No Related Allowance, Recorded Investment		1,572			1,572			415	[4]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance		1,572			1,572			414	[4]
Impaired Financing Receivable, with Related Allowance, Recorded Investment	[4]							1,180
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	[6]							1,180
Impaired Financing Receivable, Related Allowance		0		3	0		3	3
Impaired Financing Receivable, Recorded Investment		1,572	[3]		1,572	[3]		1,595	[4]
Impaired Financing Receivable, Unpaid Principal Balance		1,572	[5]		1,572	[5]		1,594	[6]
Commercial Real Estate
Impaired Financing Receivable, with No Related Allowance, Recorded Investment		1,347	[3]		1,347	[3]		2,675	[4]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance		1,425	[5]		1,425	[5]		2,857	[6]
Impaired Financing Receivable, with Related Allowance, Recorded Investment		3,570	[3]		3,570	[3]		2,716	[4]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance		3,570	[5]		3,570	[5]		2,717	[6]
Impaired Financing Receivable, Related Allowance		188		240	188		240	178
Impaired Financing Receivable, Recorded Investment		4,917	[3]		4,917	[3]		5,391	[4]
Impaired Financing Receivable, Unpaid Principal Balance		4,995	[5]		4,995	[5]		5,574	[6]
Consumer
Impaired Financing Receivable, with No Related Allowance, Recorded Investment		130	[3]		130	[3]		132	[4]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance		212	[5]		212	[5]		183	[6]
Impaired Financing Receivable, with Related Allowance, Recorded Investment	[4]							76
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	[6]							76
Impaired Financing Receivable, Related Allowance		0			0			39
Impaired Financing Receivable, Recorded Investment		130	[3]		130	[3]		208	[4]
Impaired Financing Receivable, Unpaid Principal Balance		212	[5]		212	[5]		259	[6]
Construction Land Development [Member]
Impaired Financing Receivable, Related Allowance		0		0	0		0
Property total
Impaired Financing Receivable, with No Related Allowance, Recorded Investment		24,642	[3]		24,642	[3]		29,676	[4]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance		25,144	[5]		25,144	[5]		30,205	[6]
Impaired Financing Receivable, with Related Allowance, Recorded Investment		10,232	[3]		10,232	[3]		13,613	[4]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance		10,323	[5]		10,323	[5]		13,735	[6]
Impaired Financing Receivable, Related Allowance		506		$ 844	506		$ 844	732
Impaired Financing Receivable, Recorded Investment		34,874	[3]		34,874	[3]		43,289	[4]
Impaired Financing Receivable, Unpaid Principal Balance		$ 35,467	[5]		$ 35,467	[5]		$ 43,940	[6]
[1]	tal fair value of impaired loans is net of $506,000 of specific reserves on performing TDRs. Fair Value Measurements at December 31, 2015 Fair ValueMeasurements Quoted Prices inActive Marketsfor IdenticalAssets (Level 1) SignificantOtherObservableInputs (Level 2) SignificantUnobservableInputs(Level 3) (In thousands)Impaired loans (included in loans receivable, net) (1)$42,557 $— $— $42,557OREO 3,663 — — 3,663Total$46,220 $— $— $46,220
[2]	tal fair value of impaired loans is net of $732,000 of specific reserves on performing TDRs.
[3]	Represents the loan balance less charge-offs.
[4]	Represents the loan balance less charge-offs.
[5]	Contractual loan principal balance.
[6]	Contractual loan principal balance.

Loans Receivable_ Average Recor

Loans Receivable: Average Recorded Investment and Interest Income Recognized (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	$ 26,133	$ 35,239	$ 27,314	$ 36,292
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	413	505	1,165	1,549
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	10,186	14,366	11,328	15,962
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	161	187	446	598
Impaired Financing Receivable, Average Recorded Investment	36,319	49,605	38,642	52,254
Impaired Financing Receivable, Interest Income, Accrual Method	574	692	1,611	2,147
One-to-four family, residential, owner occupied
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	2,434	3,114	2,679	3,215
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	57	49	123	131
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	2,003	2,131	2,042	2,240
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	28	12	78	89
Impaired Financing Receivable, Average Recorded Investment	4,437	5,245	4,721	5,455
Impaired Financing Receivable, Interest Income, Accrual Method	85	61	201	220
One to four family residential non owner occupied
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	20,208	25,142	21,234	26,835
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	296	361	878	1,123
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	5,050	7,772	5,874	8,084
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	76	115	202	345
Impaired Financing Receivable, Average Recorded Investment	25,258	32,914	27,108	34,919
Impaired Financing Receivable, Interest Income, Accrual Method	372	476	1,080	1,468
Multifamily
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	1,576	2,101	1,189	1,471
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	26	8	79	23
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	0	1,187	393	1,677
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	0	19	0	58
Impaired Financing Receivable, Average Recorded Investment	1,576	3,288	1,582	3,148
Impaired Financing Receivable, Interest Income, Accrual Method	26	27	79	81
Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	1,796	4,757	2,089	4,650
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	31	85	77	269
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	3,133	3,199	2,994	3,883
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	57	41	166	104
Impaired Financing Receivable, Average Recorded Investment	4,929	7,956	5,083	8,533
Impaired Financing Receivable, Interest Income, Accrual Method	88	126	243	373
Consumer Loan
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	119	125	123	121
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	3	2	8	3
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	0	77	25	78
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	0	0	0	2
Impaired Financing Receivable, Average Recorded Investment	119	202	148	199
Impaired Financing Receivable, Interest Income, Accrual Method	$ 3	$ 2	$ 8	$ 5

Loans Receivable_ Troubled Debt

Loans Receivable: Troubled Debt Restructurings on Financing Receivables (Details)	3 Months Ended		9 Months Ended		12 Months Ended
	Sep. 30, 2016USD ($)loan	Sep. 30, 2015USD ($)loan	Sep. 30, 2016USD ($)loan	Sep. 30, 2015USD ($)loan	Dec. 31, 2015USD ($)
Financing Receivable, Modifications, Recorded Investment	$ 34,000,000		$ 34,000,000		$ 42,300,000
Financing Receivable, Recorded Investment, Nonaccrual Status	182,000		182,000		$ 131,000
Troubled Debt Restructuring Commitment To Extend Additional Credit	$ 0	$ 0	$ 0	$ 0
Number of Loans | loan	7	3	22	15
Pre-Modifications Outstanding Recorded Investment	$ 1,869,000	$ 1,201,000	$ 5,538,000	$ 6,254,000
Post-Modifications Outstanding Recorded Investment	1,869,000	1,201,000	5,538,000	$ 6,254,000
Financing Receivable, Modifications, Subsequent Default, Recorded Investment	$ 0	$ 1	$ 495,000
One to four family residential [Member] | Interest-only payments with no interest rate concession
Number of Loans | loan		0		6
Pre-Modifications Outstanding Recorded Investment		$ 0		$ 1,439,000
Post-Modifications Outstanding Recorded Investment		$ 0		$ 1,439,000
One to four family residential [Member] | Principal and interest with interest rate concession and advancement of maturity date
Number of Loans | loan	1	2	15	2
Pre-Modifications Outstanding Recorded Investment	$ 316,000	$ 426,000	$ 3,490,000	$ 426,000
Post-Modifications Outstanding Recorded Investment	$ 316,000	$ 426,000	$ 3,490,000	$ 426,000
One to four family residential [Member] | Advancement of maturity date
Number of Loans | loan	5	0	5	2
Pre-Modifications Outstanding Recorded Investment	$ 1,119,000	$ 0	$ 1,119,000	$ 248,000
Post-Modifications Outstanding Recorded Investment	$ 1,119,000	$ 0	$ 1,119,000	$ 248,000
Commercial Real Estate | Interest-only payments with no interest rate concession
Number of Loans | loan		0		1
Pre-Modifications Outstanding Recorded Investment		$ 0		$ 2,004,000
Post-Modifications Outstanding Recorded Investment		$ 0		$ 2,004,000
Commercial Real Estate | Principal and interest with interest rate concession and advancement of maturity date
Number of Loans | loan		1		1
Pre-Modifications Outstanding Recorded Investment		$ 775,000		$ 775,000
Post-Modifications Outstanding Recorded Investment		$ 775,000		$ 775,000
Commercial Real Estate | Advancement of maturity date
Number of Loans | loan	1	0	1	2
Pre-Modifications Outstanding Recorded Investment	$ 434,000	$ 0	$ 434,000	$ 866,000
Post-Modifications Outstanding Recorded Investment	$ 434,000	$ 0	$ 434,000	$ 866,000
Commercial Real Estate | Advancement of maturity date
Number of Loans | loan	0	0	1	1
Pre-Modifications Outstanding Recorded Investment	$ 0	$ 0	$ 495,000	$ 496,000
Post-Modifications Outstanding Recorded Investment	$ 0	$ 0	$ 495,000	$ 496,000
Minimum [Member]
Troubled Debt Restructuring, Interest Rate Concession Period	1 year	1 year	1 year		1 year
Maximum [Member]
Troubled Debt Restructuring, Interest Rate Concession Period	3 years	3 years	3 years		3 years

Other Real Estate Owned - Other

Other Real Estate Owned - Other Real Estate, Roll Forward (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Other Real Estate [Roll Forward]
Balance at beginning of period	$ 2,331,000	$ 4,416,000	$ 3,663,000	$ 9,283,000
Loans transferred to OREO	0	0	0	141,000
Gross proceeds from sale of OREO	0	(181,000)	(988,000)	(5,715,000)
(Gain) loss on sale of OREO property, net	0	0	(87,000)	531,000
Market value adjustments	0	0	(257,000)	(5,000)
Balance at end of period	$ 2,331,000	$ 4,235,000	$ 2,331,000	$ 4,235,000

Other Real Estate Owned (Detail

Other Real Estate Owned (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2016USD ($)property	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)property	Sep. 30, 2015USD ($)	Jun. 30, 2016USD ($)	Dec. 31, 2015USD ($)	Jun. 30, 2015USD ($)	Dec. 31, 2014USD ($)
Dispositions of OREO, net			$ 1,100,000
(Gain) loss on sale of OREO property, net	$ 0	$ 0	$ (87,000)	$ 531,000
Other Real Estate Disposal Properties | property	0		2
Proceeds from sales of OREO properties	$ 0	181,000	$ 988,000	5,715,000
Other Real Estate	2,331,000	$ 4,235,000	2,331,000	$ 4,235,000	$ 2,331,000	$ 3,663,000	$ 4,416,000	$ 9,283,000
Commercial Real Estate
Other Real Estate	$ 2,300,000		$ 2,300,000

Fair Value (Details)

Fair Value (Details) - USD ($)	9 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Specific reserves on performing TDRs	$ 506,000	$ 732,000
Loans Receivable
Fair value, option, methodology and assumptions	The fair value of impaired loans is calculated using the collateral value method or on a discounted cash flow basis. Inputs used in the collateral value method include appraised values, less estimated costs to sell. Some of these inputs may not be observable in the marketplace.

Fair Value_ Schedule of Fair Va

Fair Value: Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Investments, fair value disclosure	$ 133,865	$ 129,565
Mortgage-backed investments, Fannie Mae
Investments, fair value disclosure	42,144	50,321
Mortgage-backed investments, Freddie Mac
Investments, fair value disclosure	19,458	26,137
Mortgage-backed investments, Ginnie Mae
Investments, fair value disclosure	19,967	13,732
Municipal Bonds
Investments, fair value disclosure	13,817	12,064
US Government agencies
Investments, fair value disclosure	14,465	13,542
Corporate Bonds
Investments, fair value disclosure	24,014	13,769
Quoted Prices in Active Markets for Identical Assets (Level 1)
Investments, fair value disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage-backed investments, Fannie Mae
Investments, fair value disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage-backed investments, Freddie Mac
Investments, fair value disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage-backed investments, Ginnie Mae
Investments, fair value disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Municipal Bonds
Investments, fair value disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | US Government agencies
Investments, fair value disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Corporate Bonds
Investments, fair value disclosure	0	0
Significant Other Observable Inputs (Level 2)
Investments, fair value disclosure	133,865	129,565
Significant Other Observable Inputs (Level 2) | Mortgage-backed investments, Fannie Mae
Investments, fair value disclosure	42,144	50,321
Significant Other Observable Inputs (Level 2) | Mortgage-backed investments, Freddie Mac
Investments, fair value disclosure	19,458	26,137
Significant Other Observable Inputs (Level 2) | Mortgage-backed investments, Ginnie Mae
Investments, fair value disclosure	19,967	13,732
Significant Other Observable Inputs (Level 2) | Municipal Bonds
Investments, fair value disclosure	13,817	12,064
Significant Other Observable Inputs (Level 2) | US Government agencies
Investments, fair value disclosure	14,465	13,542
Significant Other Observable Inputs (Level 2) | Corporate Bonds
Investments, fair value disclosure	24,014	13,769
Significant Unobservable Inputs (Level 3)
Investments, fair value disclosure	0	0
Significant Unobservable Inputs (Level 3) | Mortgage-backed investments, Fannie Mae
Investments, fair value disclosure	0	0
Significant Unobservable Inputs (Level 3) | Mortgage-backed investments, Freddie Mac
Investments, fair value disclosure	0	0
Significant Unobservable Inputs (Level 3) | Mortgage-backed investments, Ginnie Mae
Investments, fair value disclosure	0	0
Significant Unobservable Inputs (Level 3) | Municipal Bonds
Investments, fair value disclosure	0	0
Significant Unobservable Inputs (Level 3) | US Government agencies
Investments, fair value disclosure	0	0
Significant Unobservable Inputs (Level 3) | Corporate Bonds
Investments, fair value disclosure	$ 0	$ 0

Fair Value_ Schedule of balance

Fair Value: Schedule of balances of assets and liabilities, measured at fair value on a non-recurring basis (Details) - USD ($) $ in Thousands	Sep. 30, 2016		Jun. 30, 2016	Dec. 31, 2015		Sep. 30, 2015	Jun. 30, 2015	Dec. 31, 2014
Impaired loans (included in loans receivable, net)	$ 34,368	[1]		$ 42,557	[2]
OREO	2,331		$ 2,331	3,663		$ 4,235	$ 4,416	$ 9,283
Total, Fair Value	36,699			46,220
Quoted Prices in Active Markets for Identical Assets (Level 1)
Impaired loans (included in loans receivable, net)	0	[1]		0	[2]
OREO	0			0
Total, Fair Value	0			0
Significant Other Observable Inputs (Level 2)
Impaired loans (included in loans receivable, net)	0	[1]		0	[2]
OREO	0			0
Total, Fair Value	0			0
Significant Unobservable Inputs (Level 3)
Impaired loans (included in loans receivable, net)	34,368	[1]		42,557	[2]
OREO	2,331			3,663
Total, Fair Value	$ 36,699			$ 46,220
[1]	tal fair value of impaired loans is net of $506,000 of specific reserves on performing TDRs. Fair Value Measurements at December 31, 2015 Fair ValueMeasurements Quoted Prices inActive Marketsfor IdenticalAssets (Level 1) SignificantOtherObservableInputs (Level 2) SignificantUnobservableInputs(Level 3) (In thousands)Impaired loans (included in loans receivable, net) (1)$42,557 $— $— $42,557OREO 3,663 — — 3,663Total$46,220 $— $— $46,220
[2]	tal fair value of impaired loans is net of $732,000 of specific reserves on performing TDRs.

Fair Value_ Schedule of quantit

Fair Value: Schedule of quantitative information about Level 3 Fair Value Measurements on a nonrecurring basis (Details) - Level 3 - Market Approach Valuation Technique - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2016	Dec. 31, 2015
Loans Receivable
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair Value	$ 34,368	$ 42,557
Fair Value Measurements, Valuation Techniques	Market approach	Market approach
Unobservable Input(s)	Appraised value discounted by market or borrower conditions	Appraised value discounted by market or borrower conditions
Loans Receivable | Minimum
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of financial instruments, range	0.00%	0.00%
Loans Receivable | Maximum
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of financial instruments, range	7.80%	2.10%
Loans Receivable | Weighted Average
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of financial instruments, range	0.10%	0.30%
Other Real Estate Owned
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair Value	$ 2,331	$ 3,663
Fair Value Measurements, Valuation Techniques	Market approach	Market approach
Unobservable Input(s)	Appraised value less selling costs	Appraised value less selling costs
Other Real Estate Owned | Minimum
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of financial instruments, range	0.00%	0.00%
Other Real Estate Owned | Maximum
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of financial instruments, range	0.00%	13.60%
Other Real Estate Owned | Weighted Average
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of financial instruments, range	0.00%	1.00%

Fair Value_ Balance Sheet Group

Fair Value: Balance Sheet Grouping (Details) - USD ($) $ in Thousands	Sep. 30, 2016	Dec. 31, 2015
Investments available-for-sale	$ 133,865	$ 129,565
FHLB stock	10,031	6,137
Level 1
Cash on hand and in banks	5,803	5,713
Interest-earning deposits	26,708	99,998
Investments available-for-sale	0	0
Loans receivable, net	0	0
FHLB stock	0	0
Accrued interest receivable	0	0
Deposits	266,161	285,416
Certificates of deposit, retail	0	0
Certificates of deposit, brokered	0	0
Advances from the FHLB	0	0
Accrued interest payable	0	0
Level 2
Cash on hand and in banks	0	0
Interest-earning deposits	0	0
Investments available-for-sale	133,865	129,565
Loans receivable, net	0	0
FHLB stock	10,031	6,137
Accrued interest receivable	3,378	2,968
Deposits	0	0
Certificates of deposit, retail	353,130	324,135
Certificates of deposit, brokered	75,599	66,947
Advances from the FHLB	221,788	125,466
Accrued interest payable	116	135
Level 3
Cash on hand and in banks	0	0
Interest-earning deposits	0	0
Investments available-for-sale	0	0
Loans receivable, net	862,708	693,480
FHLB stock	0	0
Accrued interest receivable	0	0
Deposits	0	0
Certificates of deposit, retail	0	0
Certificates of deposit, brokered	0	0
Advances from the FHLB	0	0
Accrued interest payable	0	0
Carrying Value
Cash on hand and in banks	5,803	5,713
Interest-earning deposits	26,708	99,998
Investments available-for-sale	133,865	129,565
Loans receivable, net	845,930	685,072
FHLB stock	10,031	6,137
Accrued interest receivable	3,378	2,968
Deposits	266,161	285,416
Certificates of deposit, retail	350,522	323,840
Certificates of deposit, brokered	75,488	66,151
Advances from the FHLB	221,500	125,500
Accrued interest payable	116	135
Fair Value
Cash on hand and in banks	5,803	5,713
Interest-earning deposits	26,708	99,998
Investments available-for-sale	133,865	129,565
Loans receivable, net	862,708	693,480
FHLB stock	10,031	6,137
Accrued interest receivable	3,378	2,968
Deposits	266,161	285,416
Certificates of deposit, retail	353,130	324,135
Certificates of deposit, brokered	75,599	66,947
Advances from the FHLB	221,788	125,466
Accrued interest payable	$ 116	$ 135

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Allocated Share-based Compensation Expense	$ 302,000	$ 111,000	$ 505,000	$ 330,000
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense	$ 106,000	$ 39,000	$ 177,000	$ 116,000
First Financial Northwest Inc 2016 Equity Incentive Plan | Stock Options
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	1,400,000		1,400,000
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	1,371,896		1,371,896
First Financial Northwest Inc 2016 Equity Incentive Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized	400,000		400,000
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	385,948		385,948
First Financial Northwest, Inc. 2008 Equity Incentive Plan | Stock Options
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	611,756		611,756
First Financial Northwest, Inc. 2008 Equity Incentive Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant	74,478		74,478
Director [Member]
Allocated Share-based Compensation Expense	$ 0		$ 180,000
Employee Service Share-based Compensation, Tax Benefit from Compensation Expense	$ 0		$ 63,000

Stock-Based Compensation Disclo

Stock-Based Compensation Disclosure of Share-based Compensation Arrangements by Share-based Payment Award (Details)	3 Months Ended				9 Months Ended
	Sep. 30, 2016USD ($)$ / sharesshares	Jun. 30, 2016USD ($)$ / sharesshares	Dec. 31, 2015USD ($)$ / sharesshares	Sep. 30, 2015USD ($)	Sep. 30, 2016USD ($)$ / sharesshares	Sep. 30, 2015USD ($)
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures	0				0
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding Beginning Balance, Shares	726,320				884,260
Exercised, Shares	(7,500)				(63,173)
Forfeited or expired, Shares	0				(20,000)
Outstanding Ending Balance, Shares	718,820	726,320	884,260		718,820
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	$ 10.12				$ 10.11
Exercised, Weighted Average Exercise Price | $ / shares	9.78				9.78
Forfeited or expired, Weighted Average Exercise Price | $ / shares					12.05
Outstanding Ending Balance, Weighted Average Exercise Price | $ / shares	$ 10.12	$ 10.12	$ 10.11		$ 10.12
Share-based Compensations Arrangement by Share-based Payment Award, Options Outstanding, Weighted Average Remaining Contractual Term [Roll Forward]
Outstanding Beginning Balance, Weighted Average Remaining Contractual Term	4 years 205 days				4 years 6 months 22 days
Outstanding Ending Balance, Weighted Average Remaining Contractual Term	4 years 205 days				4 years 6 months 22 days
Share-based Compensation Arrangement by Share-based Payment Award, Options Outstanding, Aggregate Intrinsic [Roll Forward]
Outstanding Beginning Balance, Aggregate Intrinsic Value | $
Exercised, Aggregate Intrinsic Value | $
Forfeited, Aggregate Intrinsic Value | $
Outstanding Ending Balance, Aggregate Intrinsic Value | $	$ 2,908,520				$ 2,908,520
Share-based Compensation Arrangement by Share-based Payment Award, Options, Other Increases (Decreases) in Period	0				(82,267)
Share-based Compensation Arrangements by Share-based Payment Award, Options, Other Share Increase (Decrease) in Period, Weighted Average Exercise Price | $ / shares
Share Based Compensation, Stock Option Plan, Additional Disclosures [Abstract]
Expected to Vest, Shares	713,090				713,090
Expected to Vest, Weighted Average Exercise Price | $ / shares	$ 10.12				$ 10.12
Expected to Vest, Weighted Average Remaining Contractual Term in Years	4 years 195 days				4 years 6 months 10 days
Expected to Vest, Aggregate Intrinsic Value | $	$ 2,891,228				$ 2,891,228
Exercisable at end of period, Shares	527,820				527,820
Exercisable at end of period, Weighted Average Exercise Price | $ / shares	9.75				9.75
Exercisable at end of period, Weighted Average Remaining Contractual Term in Years	3 years 4 months 25 days				3 years 4 months 25 days
Exercisable at end of period, Aggregate Intrinsic Value | $	$ 2,332,110				$ 2,332,110
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Weighted Average Grant Date Fair Value | $ / shares					$ 0
Share-based Compensation Arrangements by Share-based Payment Award, Options, Grants in Period, Weighted Average Exercise Price | $ / shares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Granted in Period, Aggregate Intrinsic Value | $
Total compensation expense | $	302,000			$ 111,000	$ 505,000	$ 330,000
Other Tax Expense (Benefit) | $	$ 213,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Gross	0
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Estimated Forfeiture Rate	3.00%				3.00%
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Estimated Forfeiture Rate	3.00%				3.00%
First Financial Northwest, Inc. 2008 Equity Incentive Plan | Stock Options
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized | $	$ 657,470				$ 657,470
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period					5 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Percentage Vesting Per Annum					20.00%
Share-based Compensation Arrangement by Share-based Payment Award, Expiration Period					10 years
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not Yet Recognized, Weighted-Average Vesting Period					2 years 11 months 13 days
First Financial Northwest, Inc. 2008 Equity Incentive Plan | Restricted Stock
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized | $	$ 222,433				$ 222,433
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeitures, Weighted Average Grant Date Fair Value | $ / shares
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Nonvested Beginning Balance	47,800				47,800
Granted, Shares	0				14,052
Vested, Shares	(9,700)				(23,752)
Nonvested Ending Balance	32,800	47,800	47,800		32,800
Expected to vest assuming a 3% forfeiture rate over the vesting term, Shares	31,816				31,816
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	$ 8.95				$ 8.95
Granted, Weighted Average Grant Date Fair Value | $ / shares					12.81
Vested, Weighted-Average Grant Date Fair Value | $ / shares	8.97				10.83
Nonvested Ending Balance, Weighted-Average Grant Date Fair Value | $ / shares	$ 8.94	$ 8.95	$ 8.95		$ 8.94
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Canceled in Period	(5,300)				(5,300)
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instrument Other than Options, Canceled in Period, Weighted Average Grant Date Fair Value | $ / shares	$ 8.97				$ 8.97
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Forfeited in Period	0				0
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period					5 years
Share-based Compensation Arrangement by Share-based Payment Award, Options, Percentage Vesting Per Annum					20.00%
Employee Service Share-based Compensation, Nonvested Awards, Total Compensation Cost Not Yet Recognized, Weighted-Average Vesting Period					1 year 4 months

Federal Income Taxes (Details)

Federal Income Taxes (Details) - USD ($)	3 Months Ended	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2016	Sep. 30, 2015
Income Tax Disclosure [Abstract]
Effective Income Tax Rate Reconciliation, Percent		30.10%
Other Tax Expense (Benefit)	$ 213,000
Proceeds from Life Insurance Policies		$ 10,182,000	$ 0
Effective Income Tax Rate Reconciliation, Nondeductible Expense, Life Insurance, Amount		182,000
Unrecognized Tax Benefits, Income Tax Penalties Expense		18,000
Deferred Tax Assets, Tax Credit Carryforwards, Alternative Minimum Tax	$ 1,600,000	$ 1,600,000

Earnings Per Share_ Schedule 48

Earnings Per Share: Schedule of Earnings Per Share Reconciliation (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Earnings Per Share [Abstract]
Net income	$ 2,606	$ 2,446	$ 5,871	$ 7,043
Less: Earnings allocated to participating securities	(7)	(9)	(16)	(26)
Earnings allocated to common shareholders	$ 2,599	$ 2,437	$ 5,855	$ 7,017
Basic weighted average common shares outstanding	11,859,683	13,372,573	12,329,815	13,719,522
Dilutive stock options	131,919	134,187	132,711	135,475
Dilutive restricted stock grants	20,350	21,562	18,853	23,552
Diluted weighted average common shares outstanding	12,011,952	13,528,322	12,481,379	13,878,549
Basic earnings (loss) per share (in dollars per share)	$ 0.22	$ 0.18	$ 0.47	$ 0.51
Diluted earnings (loss) per share (in dollars per share)	$ 0.22	$ 0.18	$ 0.47	$ 0.51

Earnings Per Share (Details)

Earnings Per Share (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015	Sep. 30, 2016	Sep. 30, 2015
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share, amount	60,000	165,000	60,000	225,000

Subsequent Events Subsequent Ev

Subsequent Events Subsequent Events (Details) - USD ($)	1 Months Ended	2 Months Ended	9 Months Ended
	Nov. 08, 2016	Nov. 03, 2016	Sep. 30, 2016	Sep. 30, 2015	Oct. 25, 2016	Sep. 09, 2016
Subsequent Event [Line Items]
Stock Repurchase Program, Number of Shares Authorized to be Repurchased						1,500,000
Stock Repurchased and Retired During Period, Shares			1,868,112	1,067,714
Subsequent Event [Member]
Subsequent Event [Line Items]
Stock Repurchased and Retired During Period, Shares	996,277	1,133,777
Stock Repurchased and Retired During Period, Average Cost Per Share	$ 14.47	$ 14.42
FHLB of Des Moines [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Federal Home Loan Bank Advances					$ 50,000,000
Cash Flow Hedging [Member] | Subsequent Event [Member]
Subsequent Event [Line Items]
Derivative Instruments and Hedges, Noncurrent					$ 50,000,000
Derivative, Fixed Interest Rate					1.34%