First Financial Northwest (FFNW) 10-Q 8 May 18 2018 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	3 Months Ended
	Mar. 31, 2018	May 06, 2018
Document and Entity Information
Entity Registrant Name	First Financial Northwest, Inc.
Document Type	10-Q
Document Period End Date	Mar. 31, 2018
Amendment Flag	false
Entity Central Index Key	1,401,564
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		10,779,424
Entity Filer Category	Accelerated Filer
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1

FIRST FINANCIAL NORTHWEST, INC.

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Assets
Cash on hand and in banks	$ 6,595	$ 9,189
Interest-earning deposits with banks	13,954	6,942
Investments available-for-sale, at fair value	142,872	132,242
Loans receivable, net of allowance of $13,136 and $12,882	991,138	988,662
Federal Home Loan Bank (FHLB) stock, at cost	9,450	9,882
Accrued interest receivable	3,981	4,084
Deferred tax assets, net	1,362	1,211
Other real estate owned (OREO)	483	483
Premises and equipment, net	21,208	20,614
Bank owned life insurance (BOLI), net	29,276	29,027
Prepaid expenses and other assets	3,922	5,738
Goodwill	889	889
Core deposit intangible	1,228	1,266
Total assets	1,226,358	1,210,229
Liabilities and Stockholders' Equity
Noninterest-bearing deposits	815,094	794,068
Interest-bearing deposits	48,135	45,434
Total deposits	863,229	839,502
FHLB Advances	200,000	216,000
Advance payments from borrowers for taxes and insurance	4,478	2,515
Accrued interest payable	270	326
Other liabilities	9,626	9,252
Total liabilities	1,077,603	1,067,595
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 10,779,424 shares at March 31, 2018, and 10,748,437 shares at December 31, 2017	108	107
Additional paid-in capital	94,527	94,173
Retained earnings, substantially restricted	60,767	54,642
Accumulated other comprehensive loss, net of tax	(1,568)	(928)
Unearned Employee Stock Ownership Plan (ESOP) shares	(5,079)	(5,360)
Total stockholders' equity	148,755	142,634
Total liabilities and stockholders' equity	$ 1,226,358	$ 1,210,229

FIRST FINANCIAL NORTHWEST, INC3

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Assets
Loans receivable allowance for loan losses	$ 13,136	$ 12,882
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)	10,779,424	10,748,437
Common stock shares outstanding (in shares)	10,779,424	10,748,437

FIRST FINANCIAL NORTHWEST, INC4

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED INCOME STATEMENTS - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Interest income
Loans, including fees	$ 13,042,000	$ 10,027,000
Investments available-for-sale	929,000	845,000
Interest-earning deposits with banks	38,000	44,000
Dividends on FHLB stock	104,000	82,000
Total interest income	14,113,000	10,998,000
Interest expense
Deposits	2,276,000	1,691,000
FHLB advances and other borrowings	853,000	445,000
Total interest expense	3,129,000	2,136,000
Net interest income	10,984,000	8,862,000
(Recapture of provision) provision for loan losses	(4,000,000)	200,000
Net interest income after (recapture of provision) provision for loan losses	14,984,000	8,662,000
Noninterest income
Net gain on sale of investments	0	0
BOLI income	249,000	201,000
Wealth management revenue	99,000	140,000
Fees and Commissions	161,000	71,000
Bank Servicing Fees	134,000	120,000
Other	3,000	3,000
Total noninterest income	646,000	535,000
Noninterest expense
Salaries and employee benefits	4,662,000	4,285,000
Occupancy and equipment	769,000	480,000
Professional fees	328,000	439,000
Data processing	324,000	240,000
OREO related expenses, net	1,000	40,000
Regulatory assessments	155,000	96,000
Insurance and bond premiums	106,000	99,000
Marketing	107,000	48,000
Other general and administrative	575,000	341,000
Total noninterest expense	7,027,000	6,068,000
Income before federal income tax provision	8,603,000	3,129,000
Federal income tax provision	1,761,000	785,000
Net income	$ 6,842,000	$ 2,344,000
Earnings per common share
Basic earnings per share (in dollars per share)	$ 0.67	$ 0.23
Diluted earnings per share (in dollars per share)	$ 0.66	$ 0.22
Weighted average number of common shares outstanding
Basic shares outstanding (in shares)	10,210,828	10,319,722
Diluted shares outstanding (in shares)	10,336,566	10,504,046

FIRST FINANCIAL NORTHWEST, INC5

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Statement of Comprehensive Income [Abstract]
Net income	$ 6,842	$ 2,344
Other comprehensive income, before tax:
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, before Tax	(1,473)	377
Other Comprehensive Income (Loss), Unrealized Holding Gain (Loss) on Securities Arising During Period, Tax	309	(132)
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, before Tax	663	63
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Tax	(139)	(22)
Other comprehensive (loss) income, net of tax	(640)	286
Total comprehensive income	$ 6,202	$ 2,630

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
Balances at beginning of period (in shares) at Dec. 31, 2016	10,938,251
Balances at beginning of period at Dec. 31, 2016	$ 138,125	$ 109	$ 96,852	$ 48,981	$ (1,328)	$ (6,489)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	2,344			2,344
Other comprehensive (loss) income	$ 286				286
Exercise of stock options (in shares)	97,540
Exercise of stock options	$ 954	1	953	0	0	0
Stock or Unit Option Plan Expense	110	0
Compensation related to stock options and restricted stock awards	110		110
Allocation of ESOP shares	553		271			282
Cash dividend declared and paid	$ (623)	0	0	(623)	0	0
Balances at end of period (in shares) at Mar. 31, 2017	11,035,791
Balances at end of period at Mar. 31, 2017	$ 141,749	110	98,186	50,702	(1,042)	(6,207)
Balances at beginning of period (in shares) at Dec. 31, 2017	10,748,437
Balances at beginning of period at Dec. 31, 2017	$ 142,634	107	94,173	54,642	(928)	(5,360)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	6,842			6,842
Other comprehensive (loss) income	$ (640)				(640)
Exercise of stock options (in shares)	10,000
Exercise of stock options	$ 98	0	98	0	0	0
Stock Issued During Period, Shares, Restricted Stock Award, Net of Forfeitures	20,987
Net share settlement of stock awards	$ 1	1	0	0	0	0
Stock or Unit Option Plan Expense	84	0
Compensation related to stock options and restricted stock awards	83		83
Allocation of ESOP shares	454		173			281
Cash dividend declared and paid	$ (717)	0	0	(717)	0	0
Balances at end of period (in shares) at Mar. 31, 2018	10,779,424
Balances at end of period at Mar. 31, 2018	$ 148,755	$ 108	$ 94,527	$ 60,767	$ (1,568)	$ (5,079)

FIRST FINANCIAL NORTHWEST, INC7

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED STATEMETNS OF STOCKHOLDERS' EQUITY (PARENTHETICALS) - $ / shares	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Statement of Stockholders' Equity [Abstract]
Common Stock, Dividends, Per Share, Cash Paid	$ 0.07	$ 0.06
Allocated shares	28,213	28,214

FIRST FINANCIAL NORTHWEST, INC8

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash flows from operating activities
Net income	$ 6,842	$ 2,344
Adjustments to reconcile net income to net cash provided by operating activities:
(Recapture of provision) provision for loan losses	(4,000)	200
OREO market value adjustments	0	50
Depreciation of premises and equipment	401	260
Net amortization of premiums and discounts on investments	274	167
Deferred federal income taxes	19	81
Allocation of ESOP shares	454	553
Stock compensation expense	84	110
Increase in cash surrender value of BOLI	(249)	(201)
Changes in operating assets and liabilities:
Decrease (increase) in prepaid expenses and other assets	2,517	(165)
Net increase in advance payments from borrowers for taxes and insurance	1,963	1,833
Decrease (increase) in accrued interest receivable	103	(242)
(Decrease) increase in accrued interest payable	(56)	6
Increase in other liabilities	374	242
Net cash provided by operating activities	8,726	5,238
Cash flows from investing activities:
Proceeds from calls and maturities of investments available-for-sale	2,000	26
Principal repayments on investments available-for-sale	1,601	2,790
Purchases of investments available-for-sale	(15,978)	(3,008)
Net decrease (increase) in loans receivable	1,524	(23,925)
Purchase (redemption) of FHLB stock	432	(71)
Purchase of premises and equipment	(995)	(711)
Purchase of BOLI	0	(3,180)
Net cash used by investing activities	(11,416)	(28,079)
Cash flows from financing activities:
Net increase in deposits	23,727	17,231
Advances from the FHLB	140,000	0
Repayments of advances from the FHLB	(156,000)	0
Proceeds from stock options exercises	98	954
Dividends paid	(717)	(623)
Net cash provided by financing activities	7,108	17,562
Cash and cash equivalents:
Net decrease in cash and cash equivalents	4,418	(5,279)
Cash and cash equivalents at beginning of period	16,131	31,352
Cash and cash equivalents at end of period	20,549	26,073
Cash paid during the period for:
Interest paid	3,185	2,130
Noncash transactions:
Change in unrealized loss on investments available-for-sale	(1,473)	377
Change in gain on cash flow hedge	$ 663	$ 63

Description of Business

Description of Business	3 Months Ended
	Mar. 31, 2018
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”). As of March 31, 2018, First Financial Northwest Bank had nine locations in Washington with the headquarters and three additional branch locations in King County and five branch locations in Snohomish County. The Bank acquired four bank branches (one in King and three in Snohomish counties) and $74.7 million in retail deposits from Opus Bank on August 25, 2017. No loans were acquired in this transaction. The Bank’s tenth branch opened in Bothell, Washington, in April 2018. The Bank’s primary market area consists of King, Snohomish, Pierce and Kitsap counties, Washington. The Bank is a portfolio lender, originating and purchasing 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	3 Months Ended
	Mar. 31, 2018
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, 2017 , 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 three months ended March 31, 2018 , are not necessarily indicative of the results that may be expected for the year ending December 31, 2018 . 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	3 Months Ended
	Mar. 31, 2018
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements Recent Accounting Pronouncements Adopted in 2018 In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers (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. These standards were effective for interim and annual periods beginning after December 15, 2017. The Company has analyzed its sources of noninterest income to determine when the satisfaction of the performance obligation occurs and the appropriate recognition of revenue. The adoption of these ASUs did not have a material impact on the Company’s consolidated financial statements. For more discussion on this topic, see Note 12 - Revenue Recognition in this report. In January 2016, FASB issued ASU No. 2016-01, Financial Instruments - Overall, Recognition and Measurement of Financial Assets and Financial Liabilities. ASU 2016-01 requires equity investments (except those accounted for under the equity method of accounting) to be measured at fair value with changes in fair value recognized in net income. In addition, the amendments in this ASU require an entity to disclose the fair value of its financial instruments using the exit price notion. Exit price is 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 amendments in this ASU were effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The Company has updated the fair value disclosure on Note 7 in this report to reflect adoption of this standard, to include using the exit price notion in the fair value disclosure of financial instruments. The adoption of ASU 2016-01 did not have a material impact on the Company’s consolidated financial statements. 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 addresses 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 were effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The Company does not currently have items on its cash flow statement that were impacted by adoption of this ASU and therefore adoption of ASU 2016-15 did not have a material impact on the Company’s consolidated financial statements. In January 2017, FASB issued ASU 2017-01, Business Combinations (Topic 805). This ASU clarifies the definition of a business to assist in determining whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The amendments in this ASU provide a screen to determine when a set of assets and activities is not a business, thereby reducing the number of transactions requiring further evaluation. If the screen is not met, the amendments in this ASU further provide a framework to evaluate if the criteria is present to qualify for a business. This ASU was effective for annual periods beginning after December 15, 2017. Adoption of ASU 2017-01 did not have a material impact on the Company’s consolidated financial statements. In May 2017, FASB issued ASU No. 2017-09, Compensation - Stock Compensation (Topic 718): Scope of Modification Accounting. The ASU was issued to provide clarity as to when to apply modification accounting when there is a change in the terms or conditions of a share-based payment award. According to this ASU, an entity should account for the effects of a modification unless the fair value, vesting conditions, and balance sheet classification of the award is the same after the modification as compared to the original award prior to the modification. This ASU was effective for reporting periods beginning after December 15, 2017. The Company has not had any modifications on share-based payment awards and therefore the adoption of ASU No. 2017-09 did not have a material impact on the Company’s consolidated financial statements. In February 2018, FASB issued ASU 2018-02, Income Statement - Reporting Comprehensive Income (Topic 220). This ASU was issued to allow a reclassification from accumulated other comprehensive income to retained earnings from stranded tax effects resulting from the revaluation of the net deferred tax asset (“DTA”) to the new corporate tax rate of 21% as a result of the Tax Cuts and Jobs Act. This ASU is effective for reporting periods beginning after December 15, 2018, with early adoption permitted. The Company adopted this ASU as of December 31, 2017, which resulted in reclassifying a net unrealized gain from the change in tax rate with an increase to accumulated other comprehensive income and a decrease to retained earnings by $41,000, respectively. In March 2018, FASB issued ASU No. 2018-05, Income Taxes (Topic 740). This ASU was issued to provide guidance on the income tax accounting implications of the Tax Cuts and Jobs Act, and allows for entities to report provisional amounts for specific income tax effects of the Act for which the accounting under Topic 740 was not yet complete but a reasonable estimate could be determined. A measurement period of one-year is allowed to complete the accounting effects under Topic 740 and revise any previous estimates reported. Any provisional amounts or subsequent adjustments included in an entity’s financial statements during the measurement period should be included in income from continuing operations as an adjustment to tax expense in the reporting period the amounts are determined. The Company adopted this ASU with the provisional adjustments as reported in the Consolidated Financial Statements on Form 10-K as of December 31, 2017. As of March 31, 2018, the Company did not incur any adjustments to the provisional recognition. Recent Accounting Pronouncements 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 effect of the adoption will depend on leases at the time of adoption. Once adopted, we expect to report higher assets and liabilities as a result of including right-of-use assets and lease liabilities related to certain banking offices under noncancelable operating lease agreements, however, based on current leases, the adoption is expected to increase our consolidated balance sheets by less than 5% and not to have a material impact on our regulatory capital ratios. 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. The Company is evaluating our current expected loss methodology of our loan and investment portfolios to identify the necessary modifications in accordance with this standard and expects a change in the processes and procedures to calculate the ALLL, including changes in assumptions and estimates to consider expected credit losses over the life of the loan versus the current accounting practice that utilizes the incurred loss model. A valuation adjustment to our ALLL or investment portfolio that is identified in this process will be reflected as a one-time adjustment in equity rather than earnings. We are in the process of compiling historical data that will be used to calculate expected credit losses on our loan portfolio to ensure we are fully compliant with the ASU at the adoption date and are evaluating the potential impact adoption of this ASU will have on our consolidated financial statements. The Company intends to adopt ASU 2016-13 in the first quarter of 2020, and as a result, we expect our allowance for loan losses to increase. Until our evaluation is complete, however, the magnitude of the increase will be unknown. In January 2017, FASB issued ASU No. 2017-04, Intangibles - Goodwill and Other (Topic 350). This ASU simplifies the impairment calculation for subsequent measurement of goodwill by eliminating the step of comparing the implied fair value of a reporting unit’s goodwill with the carrying amount of that goodwill. Under the amendments in this ASU, an entity will evaluate the carrying amount of a reporting unit to its fair value, as if the reporting unit had been acquired in a business combination. An impairment charge should be recognized for the amount that the carrying amount exceeds the fair value, not to exceed the amount of goodwill. The income tax effect should be considered for any tax deductible goodwill when measuring the impairment loss. The amendments in this ASU are effective for goodwill impairment tests in fiscal years beginning after December 15, 2019. Early adoption is permitted for reporting periods after January 1, 2017. The Company recognized goodwill from its recent branch acquisition and is adopting this ASU for the annual goodwill impairment test in 2018. Adoption of ASU 2017-04 is not expected to have a material impact on the Company’s consolidated financial statements. In March 2017, FASB issued ASU No. 2017-08, Receivables - Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities . The ASU shortens the amortization period for certain callable debt securities held at a premium. The standard will take effect for SEC filers for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. The Company is currently evaluating its available-for-sale securities that fit the criteria of this ASU but has not yet quantified the impact. The adoption of ASU No. 2017-08 is not expected to have a material impact on the Company's consolidated financial statements. In August 2017, FASB issued ASU No. 2017-12, Derivatives and Hedging (Topic 815). This ASU was issued to provide investors better insight to an entity’s risk management hedging strategies by permitting companies to recognize the economic results of its hedging strategies in its financial statements. The amendments in this ASU permit hedge accounting for hedging relationships involving non-financial risk and interest rate risk by removing certain limitations in cash flow and fair value hedging relationships. In addition, the ASU requires an entity to present the earnings effect of the hedging instrument in the same income statement line item in which the earnings effect of the hedged item is reported. This ASU is effective for fiscal years beginning after December 15, 2018, and early adoption is permitted. The Company intends to adopt this ASU during 2018, however its current cash flow hedge will not likely be impacted by the adoption of ASU 2017-12, and consequently, is not expected to have a material impact on the Company’s consolidated financial statements.

Investments

Investments	3 Months Ended
	Mar. 31, 2018
Investments [Abstract]
Investments	Investments Investments available-for-sale are summarized as follows at the dates indicated: March 31, 2018 Amortized Gross Gross Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 29,532 $ 26 $ (863 ) $ 28,695 Freddie Mac 5,469 3 (103 ) 5,369 Ginnie Mae 21,982 11 (1,094 ) 20,899 Municipal bonds 13,090 52 (97 ) 13,045 U.S. Government agencies 51,005 101 (490 ) 50,616 Corporate bonds 24,500 260 (512 ) 24,248 Total $ 145,578 $ 453 $ (3,159 ) $ 142,872 December 31, 2017 Amortized Gross Gross Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 26,961 $ 69 $ (466 ) $ 26,564 Freddie Mac 5,510 18 (56 ) 5,472 Ginnie Mae 22,288 14 (726 ) 21,576 Municipal bonds 13,126 290 (21 ) 13,395 U.S. Government agencies 43,088 81 (536 ) 42,633 Corporate bonds 22,502 527 (427 ) 22,602 Total $ 133,475 $ 999 $ (2,232 ) $ 132,242 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: March 31, 2018 Less Than 12 Months 12 Months or Longer Total Fair Value Gross Unrealized Loss Fair Value Gross Unrealized Loss Fair Value Gross Unrealized Loss (In thousands) Mortgage-backed investments: Fannie Mae $ 20,250 $ (340 ) $ 6,597 $ (523 ) $ 26,847 $ (863 ) Freddie Mac 5,142 (103 ) — — 5,142 (103 ) Ginnie Mae 6,233 (205 ) 13,870 (889 ) 20,103 (1,094 ) Municipal bonds 6,015 (97 ) — — 6,015 (97 ) U.S. Government agencies 34,681 (377 ) 1,713 (113 ) 36,394 (490 ) Corporate bonds 1,500 — 6,987 (512 ) 8,487 (512 ) Total $ 73,821 $ (1,122 ) $ 29,167 $ (2,037 ) $ 102,988 $ (3,159 ) December 31, 2017 Less Than 12 Months 12 Months or Longer Total Fair Value Gross Unrealized Loss Fair Value Gross Unrealized Loss Fair Value Gross Unrealized Loss (In thousands) Mortgage-backed investments: Fannie Mae $ 15,202 $ (91 ) $ 6,759 $ (375 ) $ 21,961 $ (466 ) Freddie Mac 3,189 (56 ) — — 3,189 (56 ) Ginnie Mae 6,454 (61 ) 14,234 (665 ) 20,688 (726 ) Municipal bonds 1,403 (21 ) — — 1,403 (21 ) U.S. Government agencies 33,268 (435 ) 1,800 (101 ) 35,068 (536 ) Corporate bonds 1,499 (1 ) 7,074 (426 ) 8,573 (427 ) Total $ 61,015 $ (665 ) $ 29,867 $ (1,567 ) $ 90,882 $ (2,232 ) 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 March 31, 2018 and December 31, 2017 , the Company had 49 securities and 36 securities in an unrealized loss position, respectively, with 13 of these securities in an unrealized loss position for 12 months or more at both dates. Management reviewed the financial condition of the entities issuing municipal or corporate bonds at March 31, 2018 and December 31, 2017 , and determined that an OTTI charge was not warranted. The amortized cost and estimated fair value of investments available-for-sale at March 31, 2018 , 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. March 31, 2018 Amortized Cost Fair Value (In thousands) Due within one year $ 4,491 $ 4,491 Due after one year through five years 2,197 2,189 Due after five years through ten years 24,447 24,151 Due after ten years 57,460 57,078 88,595 87,909 Mortgage-backed investments 56,983 54,963 Total $ 145,578 $ 142,872 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 less the FDIC insured amount. Investment securities with market values of $13.8 million and $14.2 million were pledged as collateral for public deposits at March 31, 2018 and December 31, 2017 , respectively, both of which exceeded the collateral requirements established by the Washington Public Deposit Protection Commission. For the three months ended March 31, 2018 , we had a maturity of one investment security of $2.0 million , generating no gain or loss. For the three months ended March 31, 2017 , we had calls on investment securities of $26,000 , generating no gain or loss. There were no sales of available-for-sale investment securities during either period.

Loans Receivable

Loans Receivable	3 Months Ended
	Mar. 31, 2018
Receivables [Abstract]
Loans Receivable	Loans Receivable Loans receivable are summarized as follows at the dates indicated: March 31, 2018 December 31, 2017 (In thousands) One-to-four family residential: Permanent owner occupied $ 162,544 $ 148,304 Permanent non-owner occupied 133,351 130,351 295,895 278,655 Multifamily 190,392 184,902 Commercial real estate 366,774 361,842 Construction/land: One-to-four family residential 97,779 87,404 Multifamily 85,773 108,439 Commercial 5,735 5,325 Land 13,299 36,405 202,586 237,573 Business 24,237 23,087 Consumer 11,131 9,133 Total loans 1,091,015 1,095,192 Less: Loans in process ("LIP") 85,576 92,498 Deferred loan fees, net 1,165 1,150 Allowance for loan and lease losses ("ALLL") 13,136 12,882 Loans receivable, net $ 991,138 $ 988,662 At March 31, 2018 , loans totaling $469.7 million were pledged to secure borrowings from the FHLB of Des Moines compared to $422.6 million at December 31, 2017 . 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 March 31, 2018 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 2,837 $ 1,820 $ 4,418 $ 2,816 $ 694 $ 297 $ 12,882 Charge-offs — — — — — — — Recoveries 4,240 — 14 — — — 4,254 (Recapture) provision (3,840 ) 64 58 (362 ) 46 34 (4,000 ) Ending balance $ 3,237 $ 1,884 $ 4,490 $ 2,454 $ 740 $ 331 $ 13,136 ALLL by category: General reserve $ 3,168 $ 1,884 $ 4,464 $ 2,454 $ 740 $ 331 $ 13,041 Specific reserve 69 — 26 — — — 95 Loans: (1) Total loans $ 295,895 $ 190,392 $ 366,231 $ 117,554 $ 24,237 $ 11,131 $ 1,005,440 Loans collectively evaluated for impairment (2) 283,866 189,264 363,059 117,554 24,237 11,038 989,018 Loans individually evaluated for impairment (3) 12,029 1,128 3,172 — — 93 16,422 ____________ (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 March 31, 2017 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 2,551 $ 1,199 $ 3,893 $ 2,792 $ 237 $ 279 $ 10,951 Charge-offs — — — — — — — Recoveries 7 — — — — — 7 (Recapture) provision (16 ) (11 ) 134 (1 ) 74 20 200 Ending balance $ 2,542 $ 1,188 $ 4,027 $ 2,791 $ 311 $ 299 $ 11,158 ALLL by category: General reserve $ 2,357 $ 1,188 $ 4,003 $ 2,791 $ 311 $ 299 $ 10,949 Specific reserve 185 — 24 — — — 209 Loans: (1) Total loans $ 249,219 $ 121,718 $ 317,719 $ 145,200 $ 10,370 $ 7,878 $ 852,104 Loans collectively evaluated for impairment (2) 226,884 120,566 314,036 145,200 10,370 7,778 824,834 Loans individually evaluated for impairment (3) 22,335 1,152 3,683 — — 100 27,270 _____________ (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 March 31, 2018 , past due loans were 0.02% of total loans receivable, net of LIP. In comparison, past due loans were 0.01% of total loans receivable, net of LIP at December 31, 2017 . The following tables represent a summary of the aging of loans by type at the dates indicated: Loans Past Due as of March 31, 2018 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 $ — $ 101 $ 124 $ 225 $ 162,319 $ 162,544 Non-owner occupied — — — — 133,351 133,351 Multifamily — — — — 190,392 190,392 Commercial real estate — — — — 366,231 366,231 Construction/land — — — — 117,554 117,554 Total real estate — 101 124 225 969,847 970,072 Business — — — — 24,237 24,237 Consumer — — — — 11,131 11,131 Total loans $ — $ 101 $ 124 $ 225 $ 1,005,215 $ 1,005,440 ________________ (1) There were no loans 90 days and greater past due and still accruing interest at March 31, 2018 . (2) Net of LIP. Loans Past Due as of December 31, 2017 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 $ 101 $ — $ — $ 101 $ 148,203 $ 148,304 Non-owner occupied — — — — 130,351 130,351 Multifamily — — — — 184,902 184,902 Commercial real estate — — — — 361,299 361,299 Construction/land — — — — 145,618 145,618 Total real estate 101 — — 101 970,373 970,474 Business — — — — 23,087 23,087 Consumer — — — — 9,133 9,133 Total loans $ 101 $ — $ — $ 101 $ 1,002,593 $ 1,002,694 _________________ (1) There were no loans 90 days and greater past due and still accruing interest at December 31, 2017 . (2) Net of LIP. Nonaccrual Loans. The following table is a summary of nonaccrual loans by loan type at the dates indicated: March 31, 2018 December 31, 2017 (In thousands) One-to-four family residential $ 125 $ 128 Consumer 50 51 Total nonaccrual loans $ 175 $ 179 During the three months ended March 31, 2018 , interest income that would have been recognized had these nonaccrual loans been performing in accordance with their original terms was $6,000 . For the three months ended March 31, 2017 , foregone interest on nonaccrual loans was $9,000 . The following tables summarize the loan portfolio by type and payment status at the dates indicated: March 31, 2018 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (1) (In thousands) Performing (2) $ 295,770 $ 190,392 $ 366,231 $ 117,554 $ 24,237 $ 11,081 $ 1,005,265 Nonperforming (3) 125 — — — — 50 175 Total loans $ 295,895 $ 190,392 $ 366,231 $ 117,554 $ 24,237 $ 11,131 $ 1,005,440 _____________ (1) Net of LIP. (2) There were $162.4 million of owner-occupied one-to-four family residential loans and $133.4 million of non-owner occupied one-to-four family residential loans classified as performing. (3) The $125,000 of one-to-four family residential loans classified as nonperforming are all owner-occupied. December 31, 2017 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (1) (In thousands) Performing (2) $ 278,527 $ 184,902 $ 361,299 $ 145,618 $ 23,087 $ 9,082 $ 1,002,515 Nonperforming (3) 128 — — — — 51 179 Total loans $ 278,655 $ 184,902 $ 361,299 $ 145,618 $ 23,087 $ 9,133 $ 1,002,694 _____________ (1) Net of LIP. (2) There were $148.2 million of owner-occupied one-to-four family residential loans and $130.3 million of non-owner occupied one-to-four family residential loans classified as performing. (3) The $128,000 of one-to-four family residential loans classified as nonperforming are all owner-occupied. 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 March 31, 2018 , or December 31, 2017 . The following tables present a summary of loans individually evaluated for impairment by loan type at the dates indicated: March 31, 2018 Recorded Investment (1) Unpaid Principal Balance (2) Related Allowance (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 1,306 $ 1,502 $ — Non-owner occupied 6,906 6,906 — Multifamily 1,128 1,128 — Commercial real estate 1,059 1,059 — Consumer 93 143 — Total 10,492 10,738 — Loans with an allowance: One-to-four family residential: Owner occupied 520 566 3 Non-owner occupied 3,297 3,318 66 Commercial real estate 2,113 2,113 26 Total 5,930 5,997 95 Total impaired loans: One-to-four family residential: Owner occupied 1,826 2,068 3 Non-owner occupied 10,203 10,224 66 Multifamily 1,128 1,128 — Commercial real estate 3,172 3,172 26 Consumer 93 143 — Total $ 16,422 $ 16,735 $ 95 _________________ (1) Represents the loan balance less charge-offs. (2) Contractual loan principal balance. December 31, 2017 Recorded Investment (1) Unpaid Principal Balance (2) Related Allowance (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 1,321 $ 1,516 $ — Non-owner occupied 8,409 8,409 — Multifamily 1,134 1,134 — Commercial real estate 1,065 1,065 — Consumer 94 144 — Total 12,023 12,268 — Loans with an allowance: One-to-four family residential: Owner occupied 522 568 5 Non-owner occupied 3,310 3,332 111 Commercial real estate 2,129 2,129 19 Total 5,961 6,029 135 Total impaired loans: One-to-four family residential: Owner occupied 1,843 2,084 5 Non-owner occupied 11,719 11,741 111 Multifamily 1,134 1,134 — Commercial real estate 3,194 3,194 19 Consumer 94 144 — Total $ 17,984 $ 18,297 $ 135 _________________ (1) Represents the loan balance less charge-offs. (2) Contractual loan principal balance. The following table presents the average recorded investment in loans individually evaluated for impairment and the interest income recognized for the three months ended March 31, 2018 and 2017 : Three Months Ended March 31, 2018 Three Months Ended March 31, 2017 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 $ 1,314 $ 25 $ 2,114 $ 31 Non-owner occupied 7,658 127 15,495 211 Multifamily 1,131 18 1,358 19 Commercial real estate 1,062 19 2,942 53 Consumer 94 2 102 2 Total 11,259 191 22,011 316 Loans with an allowance: One-to-four family residential: Owner occupied 521 9 1,892 26 Non-owner occupied 3,304 47 4,203 55 Commercial real estate 2,121 34 753 10 Construction/land — — 248 — Total 5,946 90 7,096 91 Total impaired loans: One-to-four family residential: Owner occupied 1,835 34 4,006 57 Non-owner occupied 10,962 174 19,698 266 Multifamily 1,131 18 1,358 19 Commercial real estate 3,183 53 3,695 63 Construction/land — — 248 — Consumer 94 2 102 2 Total $ 17,205 $ 281 $ 29,107 $ 407 Troubled Debt Restructurings. Certain loan modifications are accounted for as troubled debt restructured loans (“TDRs”). At March 31, 2018 , the TDR portfolio totaled $16.2 million . At December 31, 2017 , the TDR portfolio totaled $17.8 million . At both dates, all TDRs were performing according to their modified repayment terms. There were no loans modified as TDRs for the three months ended March 31, 2018 or 2017. At March 31, 2018 , 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. No loans accounted for as TDRs were charged-off to the ALLL for the three months ended March 31, 2018 and 2017 . 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 March 31, 2018 , and March 31, 2017 , no loans that had been modified in the previous 12 months defaulted. 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 March 31, 2018 and December 31, 2017 . The following tables represent a summary of loans by type and risk category at the dates indicated: March 31, 2018 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (1) (In thousands) Risk Rating: Pass $ 292,894 $ 190,392 $ 363,237 $ 117,554 $ 24,237 $ 10,893 $ 999,207 Special mention 2,333 — 2,441 — — 188 4,962 Substandard 668 — 553 — — 50 1,271 Total loans $ 295,895 $ 190,392 $ 366,231 $ 117,554 $ 24,237 $ 11,131 $ 1,005,440 _____________ (1) Net of LIP. December 31, 2017 One-to-Four Family Residential Multifamily Commercial Real Estate Construction/ Land Business Consumer Total (1) (In thousands) Risk Rating: Pass $ 275,653 $ 184,902 $ 358,285 $ 145,618 $ 23,087 $ 8,893 $ 996,438 Special mention 2,329 — 2,459 — — 188 4,976 Substandard 673 — 555 — — 52 1,280 Total loans $ 278,655 $ 184,902 $ 361,299 $ 145,618 $ 23,087 $ 9,133 $ 1,002,694 _____________ (1) Net of LIP.

Other Real Estate Owned

Other Real Estate Owned	3 Months Ended
	Mar. 31, 2018
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 March 31, 2018 2017 (In thousands) Balance at beginning of period $ 483 $ 2,331 Market value adjustments — (50 ) Balance at end of period $ 483 $ 2,281 For the three months ended March 31, 2018, there were no OREO properties sold and no market value adjustments taken on the remaining properties in OREO. During the three months ended March 31, 2017, a $50,000 market value adjustment was recognized prior to the sale of the one OREO property sold during a subsequent period. OREO at March 31, 2018 consisted of $483,000 in commercial real estate properties. At March 31, 2018, there were no loans secured by residential real estate properties for which formal foreclosure proceedings were in process.

Fair Value

Fair Value	3 Months Ended
	Mar. 31, 2018
Fair Value Disclosures [Abstract]
Fair Value	Fair Value The fair value of financial instruments presented in this note, with the exception of loans receivable, are based on the same methodology as presented in Note 7 of the Company’s 2017 10-K. The Company has adopted ASU 2016-01, and therefore is measuring the fair value of loans receivable under the exit price notion rather than the previous method of entry price notion. Under the entry price notion, the fair value estimate of loans receivable was based on discounted cash flow. At March 31, 2018, the exit price notion used to estimate the fair value of loans receivable was based on similar techniques, with the addition of current origination spreads, liquidity premiums, or credit adjustments. The fair value of nonperforming loans is based on the underlying value of the collateral for periods prior to and after adoption of ASU 2016-01. 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 March 31, 2018 and December 31, 2017 : Fair Value Measurements at March 31, 2018 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 $ 28,695 $ — $ 28,695 $ — Freddie Mac 5,369 — 5,369 — Ginnie Mae 20,899 — 20,899 — Municipal bonds 13,045 — 13,045 — U.S. Government agencies 50,616 — 50,616 — Corporate bonds 24,248 — 24,248 — Total available-for-sale 142,872 — 142,872 — Derivative fair value asset 2,189 — 2,189 — Total $ 145,061 $ — $ 145,061 $ — Fair Value Measurements at December 31, 2017 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 $ 26,564 $ — $ 26,564 $ — Freddie Mac 5,472 — 5,472 — Ginnie Mae 21,576 — 21,576 — Municipal bonds 13,395 — 13,395 — U.S. Government agencies 42,633 — 42,633 — Corporate bonds 22,602 — 22,602 — Total available-for-sale 132,242 — 132,242 — Derivative fair value asset 1,526 — 1,526 — Total $ 133,768 $ — $ 133,768 $ — 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 March 31, 2018 and December 31, 2017 : Fair Value Measurements at March 31, 2018 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans (1) $ 16,327 $ — $ — $ 16,327 OREO 483 — — 483 Total $ 16,810 $ — $ — $ 16,810 _____________ (1) Total fair value of impaired loans is net of $95,000 of specific reserves on performing TDRs. Fair Value Measurements at December 31, 2017 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans (1) $ 17,849 $ — $ — $ 17,849 OREO 483 — — 483 Total $ 18,332 $ — $ — $ 18,332 _____________ (1) Total fair value of impaired loans is net of $135,000 of specific reserves on performing TDRs. The fair value of impaired loans reflects the exit price and 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 tables present quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a nonrecurring basis at March 31, 2018 and December 31, 2017 : March 31, 2018 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 16,327 Market approach Appraised value discounted by market or borrower conditions 0.0% OREO $ 483 Market approach Appraised value less selling costs 0.0% December 31, 2017 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 17,849 Market approach Appraised value discounted by market or borrower conditions 0.0% OREO $ 483 Market approach Appraised value less selling costs 0.0% The carrying amounts and estimated fair values of financial instruments were as follows at the dates indicated: March 31, 2018 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 $ 6,595 $ 6,595 $ 6,595 $ — $ — Interest-earning deposits with banks 13,954 13,954 13,954 — — Investments available-for-sale 142,872 142,872 — 142,872 — Loans receivable, net 991,138 982,143 — — 982,143 FHLB stock 9,450 9,450 — 9,450 — Accrued interest receivable 3,981 3,981 — 3,981 — Derivative fair value asset 2,189 2,189 — 2,189 — Financial Liabilities: Deposits 449,835 449,835 449,835 — — Certificates of deposit, retail 337,906 334,254 — 334,254 — Certificates of deposit, brokered 75,488 75,043 — 75,043 — Advances from the FHLB 200,000 196,921 — 196,921 — Accrued interest payable 270 270 — 270 — December 31, 2017 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 $ 9,189 $ 9,189 $ 9,189 $ — $ — Interest-earning deposits with banks 6,942 6,942 6,942 — — Investments available-for-sale 132,242 132,242 — 132,242 — Loans receivable, net 988,662 980,578 — — 980,578 FHLB stock 9,882 9,882 — 9,882 — Accrued interest receivable 4,084 4,084 — 4,084 — Derivative fair value asset 1,526 1,526 — 1,526 — Financial Liabilities: Deposits 430,750 430,750 430,750 — — Certificates of deposit, retail 333,264 331,199 — 331,199 — Certificates of deposit, brokered 75,488 74,947 — 74,947 — Advances from the FHLB 216,000 214,477 — 214,477 — Accrued interest payable 326 326 — 326 — Fair value estimates are measured at the exit price notion. The methods and calculation 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 with banks, FHLB stock, accrued interest receivable and accrued interest 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: Prior to the adoption of ASU 2016-01, loan fair value estimates were primarily calculated using discounted cash flows. With the adoption of ASU 2016-01, the fair value of loans receivable at March 31, 2018 were calculated from inputs reflective of current market pricing for similar instruments, to include current origination spreads, liquidity premiums, and credit adjustments. The fair value of nonperforming loans is estimated using the fair value of the underlying collateral. • Derivatives: The fair value of derivatives is based on dealer quotes, pricing models, discounted cash flow methodologies or similar techniques for which the determination of fair value may require significant management judgment or estimation. • Liabilities: The fair value of deposits with no stated maturity, such as statement savings, interest-bearing checking 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.

Derivatives

Derivatives	3 Months Ended
	Mar. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Text Block]	Derivatives The Company uses a derivative financial instrument, which qualifies as a cash flow hedge, to manage the risk of changes in future cash flows due to interest rate fluctuations. The hedged instrument is a $50.0 million three-month FHLB advance that will be renewed every three months at the fixed interest rate at that time. The agreement has a five-year term and stipulates that the counterparty will pay the Company interest at three-month LIBOR and the Company will pay fixed interest of 1.34% on the $50.0 million notional amount. The Company pays or receives the net interest amount quarterly and includes this amount as part of interest expense on the Consolidated Income Statement. Quarterly, the effectiveness evaluation is based upon the fluctuation of the interest the Company pays to the FHLB for the hedge instrument as compared to the three-month LIBOR interest received from the counterparty. At March 31, 2018 , the fair value of the cash flow hedge of $2.2 million was reported with other assets. The tax effected amount of $524,000 was included in Other Comprehensive Income. There were no amounts recorded in the Consolidated Income Statements for the quarters ended March 31, 2018 or 2017 related to ineffectiveness. Fair value for this derivative instrument, which generally changes as a result of changes in the level of market interest rates, is estimated based on dealer quotes and secondary market sources. The following table presents the fair value of this derivative instrument as of March 31, 2018 and December 31, 2017 : Balance Sheet Location Fair Value at March 31, 2018 Fair Value at December 31, 2017 (In thousands) Interest rate swap on FHLB debt designated as cash flow hedge Other Assets $ 2,189 $ 1,526 Total derivatives $ 2,189 $ 1,526 The following table presents the effect of this derivative instrument on the Consolidated Statements of Comprehensive Income for the quarters ended March 31, 2018 and December 31, 2017 : Balance Sheet Location Amount Recognized in OCI at March 31, 2018 Amount Recognized in OCI at December 31, 2017 (In thousands) Interest rate swap on FHLB debt Other assets $ 524 $ 125

Stock-Based Compensation

Stock-Based Compensation	3 Months Ended
	Mar. 31, 2018
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 directors’ fees, the grant date is used as the vesting date unless the award agreement provides otherwise. 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. At March 31, 2018, the remaining 5,000 shares of unvested restricted stock awards under the 2008 Plan are expected to vest in 2018. In addition, 84,000 stock options granted under the 2008 Plan are expected to vest and be available for exercise, and an additional 358,940 stock options from the 2008 Plan were available for exercise at March 31, 2018, subject to the 2008 Plan provisions. At March 31, 2018 , there were 1,309,054 total shares available for grant under the 2016 Plan, including 354,527 shares available to be granted as restricted stock. For the three months ended March 31, 2018 and 2017 , total compensation expense for the 2008 and 2016 Plans was $84,000 and $110,000 , respectively, and the related income tax benefit was $18,000 and $39,000 , respectively. 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 expires 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 and 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. Under certain conditions, 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 months ended March 31, 2018 , follows: For the Three Months Ended March 31, 2018 Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term in Years Aggregate Intrinsic Value Outstanding at January 1, 2018 452,940 $ 10.21 $ 2,402,096 Exercised (10,000 ) 9.78 Outstanding at March 31, 2018 442,940 10.22 4.33 2,894,042 Vested and expected to vest assuming a 3% forfeiture 440,420 10.21 4.31 2,880,637 Exercisable at March 31, 2018 358,940 9.93 3.82 2,447,222 As of March 31, 2018 , there was $232,000 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 1.76 years. There were no stock options granted during the three months ended March 31, 2018 . 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 months ended March 31, 2018 , follows: For the Three Months Ended March 31, 2018 Shares Weighted-Average Nonvested at January 1, 2018 5,000 $ 10.88 Granted 20,987 15.90 Nonvested at March 31, 2018 25,987 14.93 Expected to vest assuming a 3% forfeiture rate over the vesting term 25,207 14.93 As of March 31, 2018 , there was $316,000 of total unrecognized compensation costs related to nonvested shares granted as restricted stock awards. The cost is expected to be recognized over the remaining weighted-average vesting period of 0.90 years.

Earnings Per Share

Earnings Per Share	3 Months Ended
	Mar. 31, 2018
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 March 31, 2018 2017 (Dollars in thousands, except share data) Net income $ 6,842 $ 2,344 Less: Earnings allocated to participating (16 ) (5 ) Earnings allocated to common shareholders $ 6,826 $ 2,339 Basic weighted average common shares 10,210,828 10,319,722 Dilutive stock options 122,465 171,028 Dilutive restricted stock grants 3,273 13,296 Diluted weighted average common shares 10,336,566 10,504,046 Basic earnings per share $ 0.67 $ 0.23 Diluted earnings per share $ 0.66 $ 0.22 Potential dilutive shares are excluded from the computation of earnings per share if their effect is anti-dilutive. For the three months ended March 31, 2018 and 2017, there were no options to purchase shares of common stock that were omitted from the computation of diluted earnings per share because their effect would be anti-dilutive.

Branch Acquisition

Branch Acquisition	3 Months Ended
	Mar. 31, 2018
Business Combinations [Abstract]
Branch Acquisition	Branch Acquisition On August 25, 2017, First Financial Northwest Bank completed the acquisition of four branches from Opus Bank, a California state-chartered commercial bank (“Branch Acquisition”). The Branch Acquisition included four retail branches located in Woodinville, Clearview, Lake Stevens, and Smokey Point, Washington. The Bank acquired $74.7 million of retail deposits, prior to the fair value adjustment, one owned bank branch, three leased branches, and certain fixed assets at these branches. The purchase price of the Branch Acquisition paid by the Bank included a deposit premium of 3.125% of the average daily balance of acquired deposits for 20 days prior to the closing date, or $2.5 million ; 80% of the fair market value of the owned branch, or $488,000 ; the net book value of fixed assets, or $56,000 ; and $14,000 for other pro rations and adjustments as of the closing date. Opus Bank paid the Bank $71.6 million in cash for the difference between these amounts and the total deposits assumed. The Branch Acquisition was accounted for under the acquisition method of accounting, and accordingly, the assets received and liabilities assumed were recorded at their fair market value as of August 25, 2017. The application of the acquisition method of accounting resulted in recognition of a core deposit intangible asset (“CDI”) of $1.3 million and goodwill of $889,000 . The acquired CDI has been determined to have a useful life of approximately ten years and is amortized on an accelerated basis. Goodwill is not amortized but will be evaluated for impairment on an annual basis, or more often if circumstances dictate, to determine if the carrying value remains appropriate. The operating results of the Company include the operating results produced by the acquired liabilities and additional branch locations. For illustrative purposes, the following table provides certain unaudited pro forma information for the three months ended March 31, 2017, with the information calculated as if the four Opus branches had been acquired as of January 1, 2017, the beginning of the year prior to the date of acquisition. The pro forma information is an estimate of the additional interest expense, noninterest income and noninterest expense that might have been incurred during this period. The unaudited pro forma statement does not include interest income earned on the investment of the acquired funds into either loans receivable or available-for-sale investment securities. Actual results would have differed from the unaudited pro forma information presented. Unaudited Pro Forma Three Months Ended March 31, 2017 (In thousands except share data) Total revenues (net interest income plus noninterest income) $ 9,293 Net income 1,970 Earnings per share - basic 0.19 Earnings per share - diluted 0.19 The Company recognized acquisition related expenses of $4,000 for the three months ended March 31, 2018, and no acquisition related expenses for the three months ended March 31, 2017. The following table includes noninterest expenses for the four acquired branches for the three months ended March 31, 2018. These expenses are included in the Consolidated Income Statements in Item 1 of this report: Three Months Ended March 31, 2018 (In thousands) Salaries and employee benefits $ 286 Occupancy and equipment 81 Marketing 5 Other general and administrative 23 Total noninterest expense $ 395

Revenue Recognition Revenue Rec

Revenue Recognition Revenue Recognition	3 Months Ended
	Mar. 31, 2018
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition In accordance with Topic 606, revenues are recognized when goods or services are transferred to the customer in exchange for the consideration the Company expects to be entitled to receive. To determine the appropriate recognition of revenue for transactions within the scope of Topic 606, the Company performs the following five steps: (i) identify the contract(s) with the customer; (ii) identify the separate performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the separate performance obligations in the contract; and (v) recognize revenue when the entity satisfies a performance obligation. A contract may not exist if there are doubts as to collectability of the amounts the Company is entitled to in exchange for the goods or services transferred. If a contract is determined to be within the scope of Topic 606, the Company recognizes revenue as it satisfies a performance obligation. The largest portion of the Company’s revenue is from net interest income which is not in the scope of Topic 606. Disaggregation of Revenue The following table includes the Company’s noninterest income disaggregated by type of service for the three months ended March 31, 2018 and 2017: Three Months Ended March 31, 2018 March 31, 2017 (In thousands) BOLI change in cash surrender value (1) 249 201 Wealth management revenue 99 140 Deposit related fees 63 42 Debit card and ATM fees 98 29 Loan related fees 87 35 Loan interest swap fees 47 85 Other 3 3 Total noninterest income $ 646 $ 535 _______________ (1) Not in scope of Topic 606 For the three months ended March 31, 2018, substantially all of the Company’s revenues under the scope of Topic 606 are for performance obligations satisfied at a specified date. Revenues recognized in scope of Topic 606 Wealth management revenue: Our wealth management revenue consists of commissions received on the investment portfolio managed by Bank personnel but held by a third party. Commissions are earned on brokerage services and advisory services based on contract terms at the onset of a new customer’s investment agreement or quarterly for ongoing services. Commissions are paid by the third party to the Bank when the performance obligation has been completed by both entities. Deposit related fees: Fees are earned on our deposit accounts for various products or services performed for our customers. Fees include business account fees, non-sufficient fund fees, stop payment fees, wire services, safe deposit box, and others. These fees are recognized on a daily or monthly basis, depending on the type of service. Debit card and ATM fees: Fees are earned when a debit card issued by the Bank is used or when other bank’s customers use our ATM services. Revenue is recognized at the time the fees are collected from the customer’s account or remitted by the VISA interchange network. Loan related fees: Noninterest fee income is earned on our loans for servicing or annual fees on certain loan types. Loan interest swap fees: For loans participating in an interest rate swap agreement, fees are earned at the onset of the agreement and are not contingent on any future performance or term length of the loan itself. The performance obligation is satisfied by entering into the contract and receipt of the fees from the counterparty. Other: Fees earned on other services, such as merchant services or occasional non-recurring type services, are recognized at the time of the event or the applicable billing cycle. Contract Balances At March 31, 2018, the Company had no contract liabilities where the Company had an obligation to transfer goods or services for which the Company had already received consideration. In addition, the Company had no material performance obligations as of this date.

Recently Issued Accounting Pr21

Recently Issued Accounting Pronouncements (Policies)	3 Months Ended
	Mar. 31, 2018
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recently Issued Accounting Pronouncements	Recent Accounting Pronouncements Adopted in 2018 In May 2014, the Financial Accounting Standards Board ("FASB") issued Accounting Standards Update ("ASU") No. 2014-09, Revenue from Contracts with Customers (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. These standards were effective for interim and annual periods beginning after December 15, 2017. The Company has analyzed its sources of noninterest income to determine when the satisfaction of the performance obligation occurs and the appropriate recognition of revenue. The adoption of these ASUs did not have a material impact on the Company’s consolidated financial statements. For more discussion on this topic, see Note 12 - Revenue Recognition in this report. In January 2016, FASB issued ASU No. 2016-01, Financial Instruments - Overall, Recognition and Measurement of Financial Assets and Financial Liabilities. ASU 2016-01 requires equity investments (except those accounted for under the equity method of accounting) to be measured at fair value with changes in fair value recognized in net income. In addition, the amendments in this ASU require an entity to disclose the fair value of its financial instruments using the exit price notion. Exit price is 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 amendments in this ASU were effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The Company has updated the fair value disclosure on Note 7 in this report to reflect adoption of this standard, to include using the exit price notion in the fair value disclosure of financial instruments. The adoption of ASU 2016-01 did not have a material impact on the Company’s consolidated financial statements. 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 addresses 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 were effective for fiscal years beginning after December 15, 2017, including interim periods within those fiscal years. The Company does not currently have items on its cash flow statement that were impacted by adoption of this ASU and therefore adoption of ASU 2016-15 did not have a material impact on the Company’s consolidated financial statements. In January 2017, FASB issued ASU 2017-01, Business Combinations (Topic 805). This ASU clarifies the definition of a business to assist in determining whether transactions should be accounted for as acquisitions (or disposals) of assets or businesses. The amendments in this ASU provide a screen to determine when a set of assets and activities is not a business, thereby reducing the number of transactions requiring further evaluation. If the screen is not met, the amendments in this ASU further provide a framework to evaluate if the criteria is present to qualify for a business. This ASU was effective for annual periods beginning after December 15, 2017. Adoption of ASU 2017-01 did not have a material impact on the Company’s consolidated financial statements. In May 2017, FASB issued ASU No. 2017-09, Compensation - Stock Compensation (Topic 718): Scope of Modification Accounting. The ASU was issued to provide clarity as to when to apply modification accounting when there is a change in the terms or conditions of a share-based payment award. According to this ASU, an entity should account for the effects of a modification unless the fair value, vesting conditions, and balance sheet classification of the award is the same after the modification as compared to the original award prior to the modification. This ASU was effective for reporting periods beginning after December 15, 2017. The Company has not had any modifications on share-based payment awards and therefore the adoption of ASU No. 2017-09 did not have a material impact on the Company’s consolidated financial statements. In February 2018, FASB issued ASU 2018-02, Income Statement - Reporting Comprehensive Income (Topic 220). This ASU was issued to allow a reclassification from accumulated other comprehensive income to retained earnings from stranded tax effects resulting from the revaluation of the net deferred tax asset (“DTA”) to the new corporate tax rate of 21% as a result of the Tax Cuts and Jobs Act. This ASU is effective for reporting periods beginning after December 15, 2018, with early adoption permitted. The Company adopted this ASU as of December 31, 2017, which resulted in reclassifying a net unrealized gain from the change in tax rate with an increase to accumulated other comprehensive income and a decrease to retained earnings by $41,000, respectively. In March 2018, FASB issued ASU No. 2018-05, Income Taxes (Topic 740). This ASU was issued to provide guidance on the income tax accounting implications of the Tax Cuts and Jobs Act, and allows for entities to report provisional amounts for specific income tax effects of the Act for which the accounting under Topic 740 was not yet complete but a reasonable estimate could be determined. A measurement period of one-year is allowed to complete the accounting effects under Topic 740 and revise any previous estimates reported. Any provisional amounts or subsequent adjustments included in an entity’s financial statements during the measurement period should be included in income from continuing operations as an adjustment to tax expense in the reporting period the amounts are determined. The Company adopted this ASU with the provisional adjustments as reported in the Consolidated Financial Statements on Form 10-K as of December 31, 2017. As of March 31, 2018, the Company did not incur any adjustments to the provisional recognition. Recent Accounting Pronouncements 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 effect of the adoption will depend on leases at the time of adoption. Once adopted, we expect to report higher assets and liabilities as a result of including right-of-use assets and lease liabilities related to certain banking offices under noncancelable operating lease agreements, however, based on current leases, the adoption is expected to increase our consolidated balance sheets by less than 5% and not to have a material impact on our regulatory capital ratios. 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. The Company is evaluating our current expected loss methodology of our loan and investment portfolios to identify the necessary modifications in accordance with this standard and expects a change in the processes and procedures to calculate the ALLL, including changes in assumptions and estimates to consider expected credit losses over the life of the loan versus the current accounting practice that utilizes the incurred loss model. A valuation adjustment to our ALLL or investment portfolio that is identified in this process will be reflected as a one-time adjustment in equity rather than earnings. We are in the process of compiling historical data that will be used to calculate expected credit losses on our loan portfolio to ensure we are fully compliant with the ASU at the adoption date and are evaluating the potential impact adoption of this ASU will have on our consolidated financial statements. The Company intends to adopt ASU 2016-13 in the first quarter of 2020, and as a result, we expect our allowance for loan losses to increase. Until our evaluation is complete, however, the magnitude of the increase will be unknown. In January 2017, FASB issued ASU No. 2017-04, Intangibles - Goodwill and Other (Topic 350). This ASU simplifies the impairment calculation for subsequent measurement of goodwill by eliminating the step of comparing the implied fair value of a reporting unit’s goodwill with the carrying amount of that goodwill. Under the amendments in this ASU, an entity will evaluate the carrying amount of a reporting unit to its fair value, as if the reporting unit had been acquired in a business combination. An impairment charge should be recognized for the amount that the carrying amount exceeds the fair value, not to exceed the amount of goodwill. The income tax effect should be considered for any tax deductible goodwill when measuring the impairment loss. The amendments in this ASU are effective for goodwill impairment tests in fiscal years beginning after December 15, 2019. Early adoption is permitted for reporting periods after January 1, 2017. The Company recognized goodwill from its recent branch acquisition and is adopting this ASU for the annual goodwill impairment test in 2018. Adoption of ASU 2017-04 is not expected to have a material impact on the Company’s consolidated financial statements. In March 2017, FASB issued ASU No. 2017-08, Receivables - Nonrefundable Fees and Other Costs (Subtopic 310-20): Premium Amortization on Purchased Callable Debt Securities . The ASU shortens the amortization period for certain callable debt securities held at a premium. The standard will take effect for SEC filers for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2018. The Company is currently evaluating its available-for-sale securities that fit the criteria of this ASU but has not yet quantified the impact. The adoption of ASU No. 2017-08 is not expected to have a material impact on the Company's consolidated financial statements. In August 2017, FASB issued ASU No. 2017-12, Derivatives and Hedging (Topic 815). This ASU was issued to provide investors better insight to an entity’s risk management hedging strategies by permitting companies to recognize the economic results of its hedging strategies in its financial statements. The amendments in this ASU permit hedge accounting for hedging relationships involving non-financial risk and interest rate risk by removing certain limitations in cash flow and fair value hedging relationships. In addition, the ASU requires an entity to present the earnings effect of the hedging instrument in the same income statement line item in which the earnings effect of the hedged item is reported. This ASU is effective for fiscal years beginning after December 15, 2018, and early adoption is permitted. The Company intends to adopt this ASU during 2018, however its current cash flow hedge will not likely be impacted by the adoption of ASU 2017-12, and consequently, is not expected to have a material impact on the Company’s consolidated financial statements.

Investments (Tables)

Investments (Tables)	3 Months Ended
	Mar. 31, 2018
Investments [Abstract]
Available-for-sale Securities	Investments available-for-sale are summarized as follows at the dates indicated: March 31, 2018 Amortized Gross Gross Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 29,532 $ 26 $ (863 ) $ 28,695 Freddie Mac 5,469 3 (103 ) 5,369 Ginnie Mae 21,982 11 (1,094 ) 20,899 Municipal bonds 13,090 52 (97 ) 13,045 U.S. Government agencies 51,005 101 (490 ) 50,616 Corporate bonds 24,500 260 (512 ) 24,248 Total $ 145,578 $ 453 $ (3,159 ) $ 142,872 December 31, 2017 Amortized Gross Gross Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 26,961 $ 69 $ (466 ) $ 26,564 Freddie Mac 5,510 18 (56 ) 5,472 Ginnie Mae 22,288 14 (726 ) 21,576 Municipal bonds 13,126 290 (21 ) 13,395 U.S. Government agencies 43,088 81 (536 ) 42,633 Corporate bonds 22,502 527 (427 ) 22,602 Total $ 133,475 $ 999 $ (2,232 ) $ 132,242
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: March 31, 2018 Less Than 12 Months 12 Months or Longer Total Fair Value Gross Unrealized Loss Fair Value Gross Unrealized Loss Fair Value Gross Unrealized Loss (In thousands) Mortgage-backed investments: Fannie Mae $ 20,250 $ (340 ) $ 6,597 $ (523 ) $ 26,847 $ (863 ) Freddie Mac 5,142 (103 ) — — 5,142 (103 ) Ginnie Mae 6,233 (205 ) 13,870 (889 ) 20,103 (1,094 ) Municipal bonds 6,015 (97 ) — — 6,015 (97 ) U.S. Government agencies 34,681 (377 ) 1,713 (113 ) 36,394 (490 ) Corporate bonds 1,500 — 6,987 (512 ) 8,487 (512 ) Total $ 73,821 $ (1,122 ) $ 29,167 $ (2,037 ) $ 102,988 $ (3,159 ) December 31, 2017 Less Than 12 Months 12 Months or Longer Total Fair Value Gross Unrealized Loss Fair Value Gross Unrealized Loss Fair Value Gross Unrealized Loss (In thousands) Mortgage-backed investments: Fannie Mae $ 15,202 $ (91 ) $ 6,759 $ (375 ) $ 21,961 $ (466 ) Freddie Mac 3,189 (56 ) — — 3,189 (56 ) Ginnie Mae 6,454 (61 ) 14,234 (665 ) 20,688 (726 ) Municipal bonds 1,403 (21 ) — — 1,403 (21 ) U.S. Government agencies 33,268 (435 ) 1,800 (101 ) 35,068 (536 ) Corporate bonds 1,499 (1 ) 7,074 (426 ) 8,573 (427 ) Total $ 61,015 $ (665 ) $ 29,867 $ (1,567 ) $ 90,882 $ (2,232 )
Schedule of Available for sale Securities, Debt Maturities	March 31, 2018 Amortized Cost Fair Value (In thousands) Due within one year $ 4,491 $ 4,491 Due after one year through five years 2,197 2,189 Due after five years through ten years 24,447 24,151 Due after ten years 57,460 57,078 88,595 87,909 Mortgage-backed investments 56,983 54,963 Total $ 145,578 $ 142,872

Loans Receivable_ Schedule of A

Loans Receivable: Schedule of Accounts, Notes, Loans and Financing Receivable (Tables)	3 Months Ended
	Mar. 31, 2018
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	Loans receivable are summarized as follows at the dates indicated: March 31, 2018 December 31, 2017 (In thousands) One-to-four family residential: Permanent owner occupied $ 162,544 $ 148,304 Permanent non-owner occupied 133,351 130,351 295,895 278,655 Multifamily 190,392 184,902 Commercial real estate 366,774 361,842 Construction/land: One-to-four family residential 97,779 87,404 Multifamily 85,773 108,439 Commercial 5,735 5,325 Land 13,299 36,405 202,586 237,573 Business 24,237 23,087 Consumer 11,131 9,133 Total loans 1,091,015 1,095,192 Less: Loans in process ("LIP") 85,576 92,498 Deferred loan fees, net 1,165 1,150 Allowance for loan and lease losses ("ALLL") 13,136 12,882 Loans receivable, net $ 991,138 $ 988,662 At March 31, 2018 , loans totaling $469.7 million were pledged to secure borrowings from the FHLB of Des Moines compared to $422.6 million at December 31, 2017 .
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 March 31, 2018 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 2,837 $ 1,820 $ 4,418 $ 2,816 $ 694 $ 297 $ 12,882 Charge-offs — — — — — — — Recoveries 4,240 — 14 — — — 4,254 (Recapture) provision (3,840 ) 64 58 (362 ) 46 34 (4,000 ) Ending balance $ 3,237 $ 1,884 $ 4,490 $ 2,454 $ 740 $ 331 $ 13,136 ALLL by category: General reserve $ 3,168 $ 1,884 $ 4,464 $ 2,454 $ 740 $ 331 $ 13,041 Specific reserve 69 — 26 — — — 95 Loans: (1) Total loans $ 295,895 $ 190,392 $ 366,231 $ 117,554 $ 24,237 $ 11,131 $ 1,005,440 Loans collectively evaluated for impairment (2) 283,866 189,264 363,059 117,554 24,237 11,038 989,018 Loans individually evaluated for impairment (3) 12,029 1,128 3,172 — — 93 16,422 ____________ (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 March 31, 2017 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 2,551 $ 1,199 $ 3,893 $ 2,792 $ 237 $ 279 $ 10,951 Charge-offs — — — — — — — Recoveries 7 — — — — — 7 (Recapture) provision (16 ) (11 ) 134 (1 ) 74 20 200 Ending balance $ 2,542 $ 1,188 $ 4,027 $ 2,791 $ 311 $ 299 $ 11,158 ALLL by category: General reserve $ 2,357 $ 1,188 $ 4,003 $ 2,791 $ 311 $ 299 $ 10,949 Specific reserve 185 — 24 — — — 209 Loans: (1) Total loans $ 249,219 $ 121,718 $ 317,719 $ 145,200 $ 10,370 $ 7,878 $ 852,104 Loans collectively evaluated for impairment (2) 226,884 120,566 314,036 145,200 10,370 7,778 824,834 Loans individually evaluated for impairment (3) 22,335 1,152 3,683 — — 100 27,270 _____________ (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 March 31, 2018 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 $ — $ 101 $ 124 $ 225 $ 162,319 $ 162,544 Non-owner occupied — — — — 133,351 133,351 Multifamily — — — — 190,392 190,392 Commercial real estate — — — — 366,231 366,231 Construction/land — — — — 117,554 117,554 Total real estate — 101 124 225 969,847 970,072 Business — — — — 24,237 24,237 Consumer — — — — 11,131 11,131 Total loans $ — $ 101 $ 124 $ 225 $ 1,005,215 $ 1,005,440 ________________ (1) There were no loans 90 days and greater past due and still accruing interest at March 31, 2018 . (2) Net of LIP. Loans Past Due as of December 31, 2017 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 $ 101 $ — $ — $ 101 $ 148,203 $ 148,304 Non-owner occupied — — — — 130,351 130,351 Multifamily — — — — 184,902 184,902 Commercial real estate — — — — 361,299 361,299 Construction/land — — — — 145,618 145,618 Total real estate 101 — — 101 970,373 970,474 Business — — — — 23,087 23,087 Consumer — — — — 9,133 9,133 Total loans $ 101 $ — $ — $ 101 $ 1,002,593 $ 1,002,694 _________________ (1) There were no loans 90 days and greater past due and still accruing interest at December 31, 2017 . (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: March 31, 2018 December 31, 2017 (In thousands) One-to-four family residential $ 125 $ 128 Consumer 50 51 Total nonaccrual loans $ 175 $ 179
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: March 31, 2018 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (1) (In thousands) Performing (2) $ 295,770 $ 190,392 $ 366,231 $ 117,554 $ 24,237 $ 11,081 $ 1,005,265 Nonperforming (3) 125 — — — — 50 175 Total loans $ 295,895 $ 190,392 $ 366,231 $ 117,554 $ 24,237 $ 11,131 $ 1,005,440 _____________ (1) Net of LIP. (2) There were $162.4 million of owner-occupied one-to-four family residential loans and $133.4 million of non-owner occupied one-to-four family residential loans classified as performing. (3) The $125,000 of one-to-four family residential loans classified as nonperforming are all owner-occupied. December 31, 2017 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (1) (In thousands) Performing (2) $ 278,527 $ 184,902 $ 361,299 $ 145,618 $ 23,087 $ 9,082 $ 1,002,515 Nonperforming (3) 128 — — — — 51 179 Total loans $ 278,655 $ 184,902 $ 361,299 $ 145,618 $ 23,087 $ 9,133 $ 1,002,694 _____________ (1) Net of LIP. (2) There were $148.2 million of owner-occupied one-to-four family residential loans and $130.3 million of non-owner occupied one-to-four family residential loans classified as performing. (3) The $128,000 of one-to-four family residential loans classified as nonperforming are all owner-occupied.
Schedule Of Impaired Financing Receivables	The following tables present a summary of loans individually evaluated for impairment by loan type at the dates indicated: March 31, 2018 Recorded Investment (1) Unpaid Principal Balance (2) Related Allowance (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 1,306 $ 1,502 $ — Non-owner occupied 6,906 6,906 — Multifamily 1,128 1,128 — Commercial real estate 1,059 1,059 — Consumer 93 143 — Total 10,492 10,738 — Loans with an allowance: One-to-four family residential: Owner occupied 520 566 3 Non-owner occupied 3,297 3,318 66 Commercial real estate 2,113 2,113 26 Total 5,930 5,997 95 Total impaired loans: One-to-four family residential: Owner occupied 1,826 2,068 3 Non-owner occupied 10,203 10,224 66 Multifamily 1,128 1,128 — Commercial real estate 3,172 3,172 26 Consumer 93 143 — Total $ 16,422 $ 16,735 $ 95 _________________ (1) Represents the loan balance less charge-offs. (2) Contractual loan principal balance. December 31, 2017 Recorded Investment (1) Unpaid Principal Balance (2) Related Allowance (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 1,321 $ 1,516 $ — Non-owner occupied 8,409 8,409 — Multifamily 1,134 1,134 — Commercial real estate 1,065 1,065 — Consumer 94 144 — Total 12,023 12,268 — Loans with an allowance: One-to-four family residential: Owner occupied 522 568 5 Non-owner occupied 3,310 3,332 111 Commercial real estate 2,129 2,129 19 Total 5,961 6,029 135 Total impaired loans: One-to-four family residential: Owner occupied 1,843 2,084 5 Non-owner occupied 11,719 11,741 111 Multifamily 1,134 1,134 — Commercial real estate 3,194 3,194 19 Consumer 94 144 — Total $ 17,984 $ 18,297 $ 135 _________________ (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 table presents the average recorded investment in loans individually evaluated for impairment and the interest income recognized for the three months ended March 31, 2018 and 2017 : Three Months Ended March 31, 2018 Three Months Ended March 31, 2017 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 $ 1,314 $ 25 $ 2,114 $ 31 Non-owner occupied 7,658 127 15,495 211 Multifamily 1,131 18 1,358 19 Commercial real estate 1,062 19 2,942 53 Consumer 94 2 102 2 Total 11,259 191 22,011 316 Loans with an allowance: One-to-four family residential: Owner occupied 521 9 1,892 26 Non-owner occupied 3,304 47 4,203 55 Commercial real estate 2,121 34 753 10 Construction/land — — 248 — Total 5,946 90 7,096 91 Total impaired loans: One-to-four family residential: Owner occupied 1,835 34 4,006 57 Non-owner occupied 10,962 174 19,698 266 Multifamily 1,131 18 1,358 19 Commercial real estate 3,183 53 3,695 63 Construction/land — — 248 — Consumer 94 2 102 2 Total $ 17,205 $ 281 $ 29,107 $ 407
Troubled Debt Restructurings on Financing Receivables	.
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: March 31, 2018 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (1) (In thousands) Risk Rating: Pass $ 292,894 $ 190,392 $ 363,237 $ 117,554 $ 24,237 $ 10,893 $ 999,207 Special mention 2,333 — 2,441 — — 188 4,962 Substandard 668 — 553 — — 50 1,271 Total loans $ 295,895 $ 190,392 $ 366,231 $ 117,554 $ 24,237 $ 11,131 $ 1,005,440 _____________ (1) Net of LIP. December 31, 2017 One-to-Four Family Residential Multifamily Commercial Real Estate Construction/ Land Business Consumer Total (1) (In thousands) Risk Rating: Pass $ 275,653 $ 184,902 $ 358,285 $ 145,618 $ 23,087 $ 8,893 $ 996,438 Special mention 2,329 — 2,459 — — 188 4,976 Substandard 673 — 555 — — 52 1,280 Total loans $ 278,655 $ 184,902 $ 361,299 $ 145,618 $ 23,087 $ 9,133 $ 1,002,694 _____________ (1) Net of LIP.

Other Real Estate Owned (Tables

Other Real Estate Owned (Tables)	3 Months Ended
	Mar. 31, 2018
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 March 31, 2018 2017 (In thousands) Balance at beginning of period $ 483 $ 2,331 Market value adjustments — (50 ) Balance at end of period $ 483 $ 2,281

Fair Value (Tables)

Fair Value (Tables)	3 Months Ended
	Mar. 31, 2018
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 March 31, 2018 and December 31, 2017 : Fair Value Measurements at March 31, 2018 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 $ 28,695 $ — $ 28,695 $ — Freddie Mac 5,369 — 5,369 — Ginnie Mae 20,899 — 20,899 — Municipal bonds 13,045 — 13,045 — U.S. Government agencies 50,616 — 50,616 — Corporate bonds 24,248 — 24,248 — Total available-for-sale 142,872 — 142,872 — Derivative fair value asset 2,189 — 2,189 — Total $ 145,061 $ — $ 145,061 $ — Fair Value Measurements at December 31, 2017 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 $ 26,564 $ — $ 26,564 $ — Freddie Mac 5,472 — 5,472 — Ginnie Mae 21,576 — 21,576 — Municipal bonds 13,395 — 13,395 — U.S. Government agencies 42,633 — 42,633 — Corporate bonds 22,602 — 22,602 — Total available-for-sale 132,242 — 132,242 — Derivative fair value asset 1,526 — 1,526 — Total $ 133,768 $ — $ 133,768 $ —
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 March 31, 2018 and December 31, 2017 : Fair Value Measurements at March 31, 2018 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans (1) $ 16,327 $ — $ — $ 16,327 OREO 483 — — 483 Total $ 16,810 $ — $ — $ 16,810 _____________ (1) Total fair value of impaired loans is net of $95,000 of specific reserves on performing TDRs. Fair Value Measurements at December 31, 2017 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans (1) $ 17,849 $ — $ — $ 17,849 OREO 483 — — 483 Total $ 18,332 $ — $ — $ 18,332 _____________ (1) Total fair value of impaired loans is net of $135,000 of specific reserves on performing TDRs.
Schedule of quantitative information about Level 3 Fair Value Measurements on a nonrecurring basis	e following tables present quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a nonrecurring basis at March 31, 2018 and December 31, 2017 : March 31, 2018 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 16,327 Market approach Appraised value discounted by market or borrower conditions 0.0% OREO $ 483 Market approach Appraised value less selling costs 0.0% December 31, 2017 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 17,849 Market approach Appraised value discounted by market or borrower conditions 0.0% OREO $ 483 Market approach Appraised value less selling costs 0.0%
Fair Value, by Balance Sheet Grouping	e carrying amounts and estimated fair values of financial instruments were as follows at the dates indicated: March 31, 2018 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 $ 6,595 $ 6,595 $ 6,595 $ — $ — Interest-earning deposits with banks 13,954 13,954 13,954 — — Investments available-for-sale 142,872 142,872 — 142,872 — Loans receivable, net 991,138 982,143 — — 982,143 FHLB stock 9,450 9,450 — 9,450 — Accrued interest receivable 3,981 3,981 — 3,981 — Derivative fair value asset 2,189 2,189 — 2,189 — Financial Liabilities: Deposits 449,835 449,835 449,835 — — Certificates of deposit, retail 337,906 334,254 — 334,254 — Certificates of deposit, brokered 75,488 75,043 — 75,043 — Advances from the FHLB 200,000 196,921 — 196,921 — Accrued interest payable 270 270 — 270 — December 31, 2017 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 $ 9,189 $ 9,189 $ 9,189 $ — $ — Interest-earning deposits with banks 6,942 6,942 6,942 — — Investments available-for-sale 132,242 132,242 — 132,242 — Loans receivable, net 988,662 980,578 — — 980,578 FHLB stock 9,882 9,882 — 9,882 — Accrued interest receivable 4,084 4,084 — 4,084 — Derivative fair value asset 1,526 1,526 — 1,526 — Financial Liabilities: Deposits 430,750 430,750 430,750 — — Certificates of deposit, retail 333,264 331,199 — 331,199 — Certificates of deposit, brokered 75,488 74,947 — 74,947 — Advances from the FHLB 216,000 214,477 — 214,477 — Accrued interest payable 326 326 — 326 —

Derivatives (Tables)

Derivatives (Tables)	3 Months Ended
	Mar. 31, 2018
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The following table presents the fair value of this derivative instrument as of March 31, 2018 and December 31, 2017 : Balance Sheet Location Fair Value at March 31, 2018 Fair Value at December 31, 2017 (In thousands) Interest rate swap on FHLB debt designated as cash flow hedge Other Assets $ 2,189 $ 1,526 Total derivatives $ 2,189 $ 1,526
Derivative Instruments, Gain (Loss)	The following table presents the effect of this derivative instrument on the Consolidated Statements of Comprehensive Income for the quarters ended March 31, 2018 and December 31, 2017 : Balance Sheet Location Amount Recognized in OCI at March 31, 2018 Amount Recognized in OCI at December 31, 2017 (In thousands) Interest rate swap on FHLB debt Other assets $ 524 $ 125

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2018
Share-based Compensation [Abstract]
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award	A summary of the Company’s stock option plan awards and activity for the three months ended March 31, 2018 , follows: For the Three Months Ended March 31, 2018 Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term in Years Aggregate Intrinsic Value Outstanding at January 1, 2018 452,940 $ 10.21 $ 2,402,096 Exercised (10,000 ) 9.78 Outstanding at March 31, 2018 442,940 10.22 4.33 2,894,042 Vested and expected to vest assuming a 3% forfeiture 440,420 10.21 4.31 2,880,637 Exercisable at March 31, 2018 358,940 9.93 3.82 2,447,222 A summary of changes in nonvested restricted stock awards for the three months ended March 31, 2018 , follows: For the Three Months Ended March 31, 2018 Shares Weighted-Average Nonvested at January 1, 2018 5,000 $ 10.88 Granted 20,987 15.90 Nonvested at March 31, 2018 25,987 14.93 Expected to vest assuming a 3% forfeiture rate over the vesting term 25,207 14.93

Earnings Per Share_ Schedule of

Earnings Per Share: Schedule of Earnings Per Share Reconciliation (Tables)	3 Months Ended
	Mar. 31, 2018
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 March 31, 2018 2017 (Dollars in thousands, except share data) Net income $ 6,842 $ 2,344 Less: Earnings allocated to participating (16 ) (5 ) Earnings allocated to common shareholders $ 6,826 $ 2,339 Basic weighted average common shares 10,210,828 10,319,722 Dilutive stock options 122,465 171,028 Dilutive restricted stock grants 3,273 13,296 Diluted weighted average common shares 10,336,566 10,504,046 Basic earnings per share $ 0.67 $ 0.23 Diluted earnings per share $ 0.66 $ 0.22

Revenue Recognition (Tables)

Revenue Recognition (Tables)	3 Months Ended
	Mar. 31, 2018
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following table includes the Company’s noninterest income disaggregated by type of service for the three months ended March 31, 2018 and 2017: Three Months Ended March 31, 2018 March 31, 2017 (In thousands) BOLI change in cash surrender value (1) 249 201 Wealth management revenue 99 140 Deposit related fees 63 42 Debit card and ATM fees 98 29 Loan related fees 87 35 Loan interest swap fees 47 85 Other 3 3 Total noninterest income $ 646 $ 535 _______________ (1

Description of Business (Narrat

Description of Business (Narrative) (Details) $ in Millions	Aug. 25, 2017USD ($)
Opus Bank [Member]
Business Acquisition [Line Items]
Retail deposits	$ 74.7

Investments_ Available-for-sale

Investments: Available-for-sale Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Amortized Cost	$ 145,578	$ 133,475
Gross Unrealized Gains	453	999
Gross Unrealized Losses	(3,159)	(2,232)
Fair Value	142,872	132,242
Mortgage-backed investments, Fannie Mae
Amortized Cost	29,532	26,961
Gross Unrealized Gains	26	69
Gross Unrealized Losses	(863)	(466)
Fair Value	28,695	26,564
Mortgage-backed investments, Freddie Mac
Amortized Cost	5,469	5,510
Gross Unrealized Gains	3	18
Gross Unrealized Losses	(103)	(56)
Fair Value	5,369	5,472
Mortgage-backed investments, Ginnie Mae
Amortized Cost	21,982	22,288
Gross Unrealized Gains	11	14
Gross Unrealized Losses	(1,094)	(726)
Fair Value	20,899	21,576
Municipal Bonds
Amortized Cost	13,090	13,126
Gross Unrealized Gains	52	290
Gross Unrealized Losses	(97)	(21)
Fair Value	13,045	13,395
US Government agencies
Amortized Cost	51,005	43,088
Gross Unrealized Gains	101	81
Gross Unrealized Losses	(490)	(536)
Fair Value	50,616	42,633
Corporate Bonds
Amortized Cost	24,500	22,502
Gross Unrealized Gains	260	527
Gross Unrealized Losses	(512)	(427)
Fair Value	$ 24,248	$ 22,602

Investments_ Schedule of Availa

Investments: Schedule of Available for sale Securities in Continuous Unrealized Loss positions (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Fair Value	$ 73,821	$ 61,015
Unrealized Loss	(1,122)	(665)
Fair Value	29,167	29,867
Unrealized Loss	(2,037)	(1,567)
Fair Value	102,988	90,882
Gross Unrealized Loss	(3,159)	(2,232)
Mortgage-backed investments, Fannie Mae
Fair Value	20,250	15,202
Unrealized Loss	(340)	(91)
Fair Value	6,597	6,759
Unrealized Loss	(523)	(375)
Fair Value	26,847	21,961
Gross Unrealized Loss	(863)	(466)
Mortgage-backed investments, Freddie Mac
Fair Value	5,142	3,189
Unrealized Loss	(103)	(56)
Fair Value	0	0
Unrealized Loss	0	0
Fair Value	5,142	3,189
Gross Unrealized Loss	(103)	(56)
Mortgage backed investments Ginnie Mae
Fair Value	6,233	6,454
Unrealized Loss	(205)	(61)
Fair Value	13,870	14,234
Unrealized Loss	(889)	(665)
Fair Value	20,103	20,688
Gross Unrealized Loss	(1,094)	(726)
Municipal Bonds
Fair Value	6,015	1,403
Unrealized Loss	(97)	(21)
Fair Value	0	0
Unrealized Loss	0	0
Fair Value	6,015	1,403
Gross Unrealized Loss	(97)	(21)
US Government agencies
Fair Value	34,681	33,268
Unrealized Loss	(377)	(435)
Fair Value	1,713	1,800
Unrealized Loss	(113)	(101)
Fair Value	36,394	35,068
Gross Unrealized Loss	(490)	(536)
Corporate Bonds
Fair Value	1,500	1,499
Unrealized Loss	0	(1)
Fair Value	6,987	7,074
Unrealized Loss	(512)	(426)
Fair Value	8,487	8,573
Gross Unrealized Loss	$ (512)	$ (427)

Investments_ Narrative (Details

Investments: Narrative (Details)	3 Months Ended
	Mar. 31, 2018USD ($)securities	Mar. 31, 2017USD ($)	Dec. 31, 2017USD ($)securities
Schedule of Available-for-sale Securities [Line Items]
Investments pledged as collateral for FHLB advances	50.00%
Investments pledged as collateral for public deposits	$ 13,800,000		$ 14,200,000
Principal repayments on investments available-for-sale	2,000,000	$ 0
Net gain (loss) on sale of investments	$ 0	0
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year | securities	13		13
Unrealized Loss | securities	49		36
Proceeds from Sale of Available-for-sale Securities, Debt		0
Payments to Acquire Marketable Securities	$ 15,978,000	$ 3,008,000

Investments_ Schedule of Avai34

Investments: Schedule of Available for sale Securities, Debt Maturities (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Investments [Abstract]
Due within one year, Amortized Cost	$ 4,491
Due after one year through five years, Amortized Cost	2,197
Due after five years through ten years, Amortized Cost	24,447
Due after ten years, Amortized Cost	57,460
Debt maturities, Amortized Cost	88,595
Mortgage-backed investments, Amortized Cost	56,983
Amortized Cost	145,578	$ 133,475
Due within one year, Fair Value	4,491
Due after one year through five years, Fair Value	2,189
Due after five years through ten years, Fair Value	24,151
Due after ten years, Fair Value	57,078
Debt maturities, Fair Value	87,909
Mortgage-backed investments, Fair Value	54,963
Fair Value	$ 142,872

Loans Receivable_ Schedule of35

Loans Receivable: Schedule of Accounts, Notes, Loans and Financing Receivable (Details) - USD ($) $ in Thousands		Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Dec. 31, 2016
Loans receivable		$ 1,091,015	$ 1,095,192
Loans in process (LIP)		85,576	92,498
Deferred loan fees, net		1,165	1,150
ALLL		13,136	12,882
Loans receivable, net		991,138	988,662
One-to-four family, residential, owner occupied
Loans receivable		162,544	148,304
One to four family residential non owner occupied
Loans receivable		133,351	130,351
One to Four Family
Loans receivable		295,895	278,655
One to four family residential
ALLL		3,237	2,837	$ 2,542	$ 2,551
Multifamily
Loans receivable		190,392	184,902
ALLL		1,884	1,820	1,188	1,199
Commercial Real Estate
Loans receivable		366,774	361,842
ALLL		4,490	4,418	4,027	3,893
Construction/Land Development One-to-four family residential
Loans receivable		97,779	87,404
Construction Land Development Multifamily
Loans receivable	[1]	85,773	108,439
Construction Land Development Commercial [Member]
Loans receivable	[1]	5,735	5,325
Construction Land Development Land Development
Loans receivable	[1]	13,299	36,405
Construction Land Development
Loans receivable	[1]	202,586	237,573
ALLL		2,454	2,816	2,791	2,792
Business
Loans receivable		24,237	23,087
ALLL		740	694	311	237
Consumer
Loans receivable		11,131	9,133
ALLL		331	297	299	279
Property total
ALLL		$ 13,136	$ 12,882	$ 11,158	$ 10,951
[1]	At March 31, 2018, loans totaling $469.7 million were pledged to secure borrowings from the FHLB of Des Moines compared to $422.6 million at December 31, 2017.

Loans Receivable_ Schedule of36

Loans Receivable: Schedule of Allowance for Loan and Lease Losses, Roll Forward (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017
Loans receivable allowance for loan losses	$ 12,882		$ 13,136	$ 12,882
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	12,882
(Recapture) provision	(4,000)	$ 200
Loans and Leases Receivable, Allowance, Ending Balance	13,136
One to four family residential
Impaired Financing Receivable, Related Allowance			69		$ 185
Loans receivable allowance for loan losses	2,837	2,551	3,237	2,837	2,542
Total Loans			295,895		249,219
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	2,837	2,551
Charge-offs	0	0
Recoveries	4,240	7
(Recapture) provision	(3,840)	(16)
Loans and Leases Receivable, Allowance, Ending Balance	3,237	2,542
Financing Receivable, Collectively Evaluated for Impairment			283,866		226,884
Financing Receivable, Individually Evaluated for Impairment			12,029		22,335
One to four family residential | General Reserve
Loans receivable allowance for loan losses	3,168	2,357	3,168		2,357
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	3,168	2,357
Multifamily
Impaired Financing Receivable, Related Allowance			0	0	0
Loans receivable allowance for loan losses	1,820	1,199	1,884	1,820	1,188
Total Loans			190,392		121,718
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	1,820	1,199
Charge-offs	0	0
Recoveries	0	0
(Recapture) provision	64	(11)
Loans and Leases Receivable, Allowance, Ending Balance	1,884	1,188
Financing Receivable, Collectively Evaluated for Impairment			189,264		120,566
Financing Receivable, Individually Evaluated for Impairment			1,128		1,152
Multifamily | General Reserve
Loans receivable allowance for loan losses	1,884	1,188	1,884		1,188
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	1,884	1,188
Commercial Real Estate
Impaired Financing Receivable, Related Allowance			26	19	24
Loans receivable allowance for loan losses	4,418	3,893	4,490	4,418	4,027
Total Loans			366,231		317,719
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	4,418	3,893
Charge-offs	0	0
Recoveries	14	0
(Recapture) provision	58	134
Loans and Leases Receivable, Allowance, Ending Balance	4,490	4,027
Financing Receivable, Collectively Evaluated for Impairment			363,059		314,036
Financing Receivable, Individually Evaluated for Impairment			3,172		3,683
Commercial Real Estate | General Reserve
Loans receivable allowance for loan losses	4,464	4,003	4,464		4,003
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	4,464	4,003
Construction Land Development
Impaired Financing Receivable, Related Allowance			0		0
Loans receivable allowance for loan losses	2,816	2,792	2,454	2,816	2,791
Total Loans			117,554		145,200
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	2,816	2,792
Charge-offs	0	0
Recoveries	0	0
(Recapture) provision	(362)	(1)
Loans and Leases Receivable, Allowance, Ending Balance	2,454	2,791
Financing Receivable, Collectively Evaluated for Impairment			117,554		145,200
Financing Receivable, Individually Evaluated for Impairment			0		0
Construction Land Development | General Reserve
Loans receivable allowance for loan losses	2,454	2,791	2,454		2,791
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	2,454	2,791
Business
Impaired Financing Receivable, Related Allowance			0		0
Loans receivable allowance for loan losses	694	237	740	694	311
Total Loans			24,237		10,370
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	694	237
Charge-offs	0	0
Recoveries	0	0
(Recapture) provision	46	74
Loans and Leases Receivable, Allowance, Ending Balance	740	311
Financing Receivable, Collectively Evaluated for Impairment			24,237		10,370
Financing Receivable, Individually Evaluated for Impairment			0		0
Business | General Reserve
Loans receivable allowance for loan losses	740	311	740		311
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	740	311
Consumer
Impaired Financing Receivable, Related Allowance			0		0
Loans receivable allowance for loan losses	297	279	331	297	299
Total Loans			11,131		7,878
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	297	279
Charge-offs	0	0
Recoveries	0	0
(Recapture) provision	34	20
Loans and Leases Receivable, Allowance, Ending Balance	331	299
Financing Receivable, Collectively Evaluated for Impairment			11,038		7,778
Financing Receivable, Individually Evaluated for Impairment			93		100
Consumer | General Reserve
Loans receivable allowance for loan losses	331	299	331		299
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	331	299
Property total
Impaired Financing Receivable, Related Allowance			95	135	209
Loans receivable allowance for loan losses	12,882	10,951	13,136	$ 12,882	11,158
Total Loans			1,005,440		852,104
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	12,882	10,951
Charge-offs	0	0
Recoveries	4,254	7
(Recapture) provision	(4,000)	200
Loans and Leases Receivable, Allowance, Ending Balance	13,136	11,158
Financing Receivable, Collectively Evaluated for Impairment			989,018		824,834
Financing Receivable, Individually Evaluated for Impairment			16,422		27,270
Property total | General Reserve
Loans receivable allowance for loan losses	13,041	10,949	$ 13,041		$ 10,949
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	$ 13,041	$ 10,949

Loans Receivable_ Narratives (D

Loans Receivable: Narratives (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Loans Pledged as Collateral	$ 469,700,000		$ 422,600,000
Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans	$ 6,000	$ 9,000
Loans and Leases Receivable, Ratio of Nonperforming Loans to All Loans	0.02%		0.01%
Loans and Leases Receivable, Impaired, Commitment to Lend	$ 0		$ 0
Troubled Debt Restructuring Loans	16,200,000		$ 17,800,000
Troubled Debt Restructuring Commitment To Extend Additional Credit	0	$ 0
Financing Receivable, Modifications, Subsequent Default, Recorded Investment	0
Troubled debt restructuring, charge to Allowance for Loan and Lease Losses	$ 0
Minimum
Troubled Debt Restructuring, Interest Rate Concession Period	1 year	1 year	1 year
Maximum
Troubled Debt Restructuring, Interest Rate Concession Period	3 years	3 years	3 years

Loans Receivable_ Financing Rec

Loans Receivable: Financing Receivables, Aging of loans (Details) - USD ($)	Mar. 31, 2018		Dec. 31, 2017
Financing Receivable, Recorded Investment, 90 Days Past Due and Still Accruing	$ 0		$ 0
One-to-four family, residential, owner occupied
Total	225,000		101,000
Current	162,319,000		148,203,000
Total Loans	162,544,000	[1],[2]	148,304,000	[3],[4]
One to four family residential non owner occupied
Total	0		0
Current	133,351,000		130,351,000
Total Loans	133,351,000	[1],[2]	130,351,000	[3],[4]
Multifamily
Total	0		0
Current	190,392,000		184,902,000
Total Loans	190,392,000	[1],[2]	184,902,000	[3],[4]
Commercial Real Estate
Total	0		0
Current	366,231,000		361,299,000
Total Loans	366,231,000	[1],[2]	361,299,000	[3],[4]
Construction Land Development
Total	0		0
Current	117,554,000		145,618,000
Total Loans	117,554,000	[1],[2]	145,618,000	[3],[4]
Real Estate, Total
Total	225,000		101,000
Current	969,847,000		970,373,000
Total Loans	970,072,000	[1],[2]	970,474,000	[3],[4]
Business
Total	0		0
Current	24,237,000		23,087,000
Total Loans	24,237,000	[1],[2]	23,087,000	[3],[4]
Consumer
Total	0		0
Current	11,131,000		9,133,000
Total Loans	11,131,000	[1],[2]	9,133,000	[3],[4]
Property total
Total	225,000		101,000
Current	1,005,215,000		1,002,593,000
Total Loans	1,005,440,000	[1],[2],[5],[6]	1,002,694,000	[3],[4],[7],[8]
Financing Receivables, 30 to 59 Days Past Due [Member] | One-to-four family, residential, owner occupied
Total	0		101,000
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		101,000
Financing Receivables, 30 to 59 Days Past Due [Member] | Business
Total	0		0
Financing Receivables, 30 to 59 Days Past Due [Member] | Consumer
Total	0		0
Financing Receivables, 30 to 59 Days Past Due [Member] | Property total
Total	0		101,000
Financing Receivables, 60 to 89 Days Past Due [Member] | One-to-four family, residential, owner occupied
Total	101,000		0
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	101,000		0
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		0
Financing Receivables, 60 to 89 Days Past Due [Member] | Property total
Total	101,000		0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | One-to-four family, residential, owner occupied
Total	124,000		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	124,000		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	0		0
Financing Receivables, Equal to Greater than 90 Days Past Due [Member] | Property total
Total	$ 124,000		$ 0
[1]	Net of LIP.
[2]	There were no loans 90 days and greater past due and still accruing interest at March 31, 2018.
[3]	Net of LIP.
[4]	There were no loans 90 days and greater past due and still accruing interest at December 31, 2017.
[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
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 17,205	$ 29,107
Nonaccrual Loans, total	175		$ 179
One to Four Family
Nonaccrual Loans, total	125		128
Consumer
Nonaccrual Loans, total	$ 50		$ 51

Loans Receivable_ Financing R40

Loans Receivable: Financing Receivables, Summary of loans by type and risk category (Details) - USD ($)	Mar. 31, 2018		Dec. 31, 2017
One to four family residential
Financing Receivable, Net	$ 295,895,000		$ 278,655,000
Multifamily
Financing Receivable, Net	190,392,000	[1],[2]	184,902,000	[3],[4]
Commercial Real Estate
Financing Receivable, Net	366,231,000	[1],[2]	361,299,000	[3],[4]
Construction Land Development
Financing Receivable, Net	117,554,000	[1],[2]	145,618,000	[3],[4]
Business
Financing Receivable, Net	24,237,000	[1],[2]	23,087,000	[3],[4]
Consumer
Financing Receivable, Net	11,131,000	[1],[2]	9,133,000	[3],[4]
Property total
Financing Receivable, Net	1,005,440,000	[1],[2],[5],[6]	1,002,694,000	[3],[4],[7],[8]
One-to-four family, residential, owner occupied
Financing Receivable, Net	162,544,000	[1],[2]	148,304,000	[3],[4]
One to four family residential non owner occupied
Financing Receivable, Net	133,351,000	[1],[2]	130,351,000	[3],[4]
Performing Financing Receivable | One to four family residential
Financing Receivable, Net	295,770,000	[9]	278,527,000	[10]
Performing Financing Receivable | Multifamily
Financing Receivable, Net	190,392,000	[9]	184,902,000	[10]
Performing Financing Receivable | Commercial Real Estate
Financing Receivable, Net	366,231,000	[9]	361,299,000	[10]
Performing Financing Receivable | Construction Land Development
Financing Receivable, Net	117,554,000	[9]	145,618,000	[10]
Performing Financing Receivable | Business
Financing Receivable, Net	24,237,000	[9]	23,087,000	[10]
Performing Financing Receivable | Consumer
Financing Receivable, Net	11,081,000	[9]	9,082,000	[10]
Performing Financing Receivable | Property total
Financing Receivable, Net	1,005,265,000	[6],[9]	1,002,515,000	[8],[10]
Performing Financing Receivable | One-to-four family, residential, owner occupied
Financing Receivable, Net	162,400,000		148,200,000
Performing Financing Receivable | One to four family residential non owner occupied
Financing Receivable, Net	133,400,000		130,300,000
Nonperforming Financing Receivable | One to four family residential
Financing Receivable, Net	125,000	[11]	128,000	[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	50,000	[11]	51,000	[12]
Nonperforming Financing Receivable | Property total
Financing Receivable, Net	175,000	[6],[11]	179,000	[8],[12]
Nonperforming Financing Receivable | One-to-four family, residential, owner occupied
Financing Receivable, Net	125,000		128,000
Pass | One to four family residential
Financing Receivable, Net	292,894,000		275,653,000
Pass | Multifamily
Financing Receivable, Net	190,392,000		184,902,000
Pass | Commercial Real Estate
Financing Receivable, Net	363,237,000		358,285,000
Pass | Construction Land Development
Financing Receivable, Net	117,554,000		145,618,000
Pass | Business
Financing Receivable, Net	24,237,000		23,087,000
Pass | Consumer
Financing Receivable, Net	10,893,000		8,893,000
Pass | Property total
Financing Receivable, Net	999,207,000	[5]	996,438,000	[7]
Special Mention | One to four family residential
Financing Receivable, Net	2,333,000		2,329,000
Special Mention | Multifamily
Financing Receivable, Net	0		0
Special Mention | Commercial Real Estate
Financing Receivable, Net	2,441,000		2,459,000
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	4,962,000	[5]	4,976,000	[7]
Substandard | One to four family residential
Financing Receivable, Net	668,000		673,000
Substandard | Multifamily
Financing Receivable, Net	0		0
Substandard | Commercial Real Estate
Financing Receivable, Net	553,000		555,000
Substandard | Construction Land Development
Financing Receivable, Net	0		0
Substandard | Business
Financing Receivable, Net	0		0
Substandard | Consumer
Financing Receivable, Net	50,000		52,000
Substandard | Property total
Financing Receivable, Net	$ 1,271,000	[5]	$ 1,280,000	[7]
[1]	Net of LIP.
[2]	There were no loans 90 days and greater past due and still accruing interest at March 31, 2018.
[3]	Net of LIP.
[4]	There were no loans 90 days and greater past due and still accruing interest at December 31, 2017.
[5]	Net of LIP.
[6]	Net of LIP.
[7]	Net of LIP.
[8]	Net of LIP.
[9]	There were $162.4 million of owner-occupied one-to-four family residential loans and $133.4 million of non-owner occupied one-to-four family residential loans classified as performing.
[10]	There were $148.2 million of owner-occupied one-to-four family residential loans and $130.3 million of non-owner occupied one-to-four family residential loans classified as performing.
[11]	The $125,000 of one-to-four family residential loans classified as nonperforming are all owner-occupied. December 31, 2017 One-to-FourFamilyResidential Multifamily CommercialReal Estate Construction/Land Business Consumer Total (1) (In thousands)Performing (2)$278,527 $184,902 $361,299 $145,618 $23,087 $9,082 $1,002,515Nonperforming (3)128 — — — — 51 179Total loans$278,655 $184,902 $361,299 $145,618 $23,087 $9,133 $1,002,694
[12]	The $128,000 of one-to-four family residential loans classified as nonperforming are all owner-occupied.

Loans Receivable_ Schedule of I

Loans Receivable: Schedule of Impaired Financing Receivables (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018		Mar. 31, 2017	Dec. 31, 2017
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	$ 11,259		$ 22,011
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	191		316
Impaired Financing Receivable, Recorded Investment	16,327	[1]		$ 17,849	[2]
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	5,946		7,096
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	90		91
Impaired Financing Receivable, Average Recorded Investment	17,205		29,107
Impaired Financing Receivable, Interest Income, Accrual Method	281		407
One-to-four family, residential, owner occupied
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	1,306	[3]		1,321	[4]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	1,502	[5]		1,516	[6]
Impaired Financing Receivable, with Related Allowance, Recorded Investment	520	[3]		522	[4]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	566	[5]		568	[6]
Impaired Financing Receivable, Related Allowance	3			5
Impaired Financing Receivable, Recorded Investment	1,826	[3]		1,843	[4]
Impaired Financing Receivable, Unpaid Principal Balance	2,068	[5]		2,084	[6]
One to four family residential non owner occupied
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	6,906	[3]		8,409	[4]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	6,906	[5]		8,409	[6]
Impaired Financing Receivable, with Related Allowance, Recorded Investment	3,297	[3]		3,310	[4]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	3,318	[5]		3,332	[6]
Impaired Financing Receivable, Related Allowance	66			111
Impaired Financing Receivable, Recorded Investment	10,203	[3]		11,719	[4]
Impaired Financing Receivable, Unpaid Principal Balance	10,224	[5]		11,741	[6]
Multifamily
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	1,128			1,134	[4]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	1,128			1,134	[4]
Impaired Financing Receivable, Related Allowance	0		0	0
Impaired Financing Receivable, Recorded Investment	1,128	[3]		1,134	[4]
Impaired Financing Receivable, Unpaid Principal Balance	1,128	[5]		1,134	[6]
Commercial Real Estate
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	1,059	[3]		1,065	[4]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	1,059	[5]		1,065	[6]
Impaired Financing Receivable, with Related Allowance, Recorded Investment	2,113	[3]		2,129	[4]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	2,113	[5]		2,129	[6]
Impaired Financing Receivable, Related Allowance	26		24	19
Impaired Financing Receivable, Recorded Investment	3,172	[3]		3,194	[4]
Impaired Financing Receivable, Unpaid Principal Balance	3,172	[5]		3,194	[6]
Consumer
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	93	[3]		94	[4]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	143	[5]		144	[6]
Impaired Financing Receivable, Related Allowance	0			0
Impaired Financing Receivable, Recorded Investment	93	[3]		94	[4]
Impaired Financing Receivable, Unpaid Principal Balance	143	[5]		144	[6]
Construction Land Development [Member]
Impaired Financing Receivable, Related Allowance	0		0
Property total
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	10,492	[3]		12,023	[4]
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	10,738	[5]		12,268	[6]
Impaired Financing Receivable, with Related Allowance, Recorded Investment	5,930	[3]		5,961	[4]
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	5,997	[5]		6,029	[6]
Impaired Financing Receivable, Related Allowance	95		209	135
Impaired Financing Receivable, Recorded Investment	16,422	[3]		17,984	[4]
Impaired Financing Receivable, Unpaid Principal Balance	16,735	[5]		$ 18,297	[6]
Consumer Loan [Member]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	94		102
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	2		2
Impaired Financing Receivable, Average Recorded Investment	94		102
Impaired Financing Receivable, Interest Income, Accrual Method	2		2
Construction Land Development [Member]
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	0		248
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	0		0
Impaired Financing Receivable, Average Recorded Investment	0		248
Impaired Financing Receivable, Interest Income, Accrual Method	0		0
Commercial Real Estate
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	1,062		2,942
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	19		53
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	2,121		753
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	34		10
Impaired Financing Receivable, Average Recorded Investment	3,183		3,695
Impaired Financing Receivable, Interest Income, Accrual Method	53		63
Multifamily
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	1,131		1,358
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	18		19
Impaired Financing Receivable, Average Recorded Investment	1,131		1,358
Impaired Financing Receivable, Interest Income, Accrual Method	18		19
One to four family residential non owner occupied
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	7,658		15,495
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	127		211
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	3,304		4,203
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	47		55
Impaired Financing Receivable, Average Recorded Investment	10,962		19,698
Impaired Financing Receivable, Interest Income, Accrual Method	174		266
One-to-four family, residential, owner occupied
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	1,314		2,114
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	25		31
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	521		1,892
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	9		26
Impaired Financing Receivable, Average Recorded Investment	1,835		4,006
Impaired Financing Receivable, Interest Income, Accrual Method	$ 34		$ 57
[1]	tal fair value of impaired loans is net of $95,000 of specific reserves on performing TDRs. Fair Value Measurements at December 31, 2017 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)$17,849 $— $— $17,849OREO 483 — — 483Total$18,332 $— $— $18,332
[2]	tal fair value of impaired loans is net of $135,000 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
	Mar. 31, 2018	Mar. 31, 2017
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	$ 11,259	$ 22,011
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	191	316
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	5,946	7,096
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	90	91
Impaired Financing Receivable, Average Recorded Investment	17,205	29,107
Impaired Financing Receivable, Interest Income, Accrual Method	281	407
One-to-four family, residential, owner occupied
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	1,314	2,114
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	25	31
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	521	1,892
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	9	26
Impaired Financing Receivable, Average Recorded Investment	1,835	4,006
Impaired Financing Receivable, Interest Income, Accrual Method	34	57
One to four family residential non owner occupied
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	7,658	15,495
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	127	211
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	3,304	4,203
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	47	55
Impaired Financing Receivable, Average Recorded Investment	10,962	19,698
Impaired Financing Receivable, Interest Income, Accrual Method	174	266
Multifamily
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	1,131	1,358
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	18	19
Impaired Financing Receivable, Average Recorded Investment	1,131	1,358
Impaired Financing Receivable, Interest Income, Accrual Method	18	19
Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	1,062	2,942
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	19	53
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	2,121	753
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	34	10
Impaired Financing Receivable, Average Recorded Investment	3,183	3,695
Impaired Financing Receivable, Interest Income, Accrual Method	53	63
Consumer Loan
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	94	102
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	2	2
Impaired Financing Receivable, Average Recorded Investment	94	102
Impaired Financing Receivable, Interest Income, Accrual Method	2	2
Construction Land Development
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	0	248
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	0	0
Impaired Financing Receivable, Average Recorded Investment	0	248
Impaired Financing Receivable, Interest Income, Accrual Method	$ 0	$ 0

Loans Receivable_ Troubled Debt

Loans Receivable: Troubled Debt Restructurings on Financing Receivables (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Financing Receivable, Modifications, Recorded Investment	$ 16,200,000		$ 17,800,000
Troubled Debt Restructuring Commitment To Extend Additional Credit	0	$ 0
Financing Receivable, Modifications, Subsequent Default, Recorded Investment	$ 0
Minimum [Member]
Troubled Debt Restructuring, Interest Rate Concession Period	1 year	1 year	1 year
Maximum [Member]
Troubled Debt Restructuring, Interest Rate Concession Period	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
	Mar. 31, 2018	Mar. 31, 2017
Other Real Estate [Roll Forward]
Balance at beginning of period	$ 483,000	$ 2,331,000
Market value adjustments	0	(50,000)
Balance at end of period	$ 483,000	$ 2,281,000

Other Real Estate Owned (Detail

Other Real Estate Owned (Details)	3 Months Ended
	Mar. 31, 2018USD ($)property	Mar. 31, 2017USD ($)	Dec. 31, 2017USD ($)	Dec. 31, 2016USD ($)
Real Estate [Line Items]
Real estate properties sold | property	0
Market value adjustments	$ 0	$ 50,000
Other real estate	483,000	$ 2,281,000	$ 483,000	$ 2,331,000
Commercial Real Estate
Real Estate [Line Items]
Other real estate	$ 483,000

Fair Value (Details)

Fair Value (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Specific reserves on performing TDRs	$ 95,000	$ 135,000
Loans Receivable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value, option, methodology and assumptions	The fair value of impaired loans reflects the exit price and 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	Mar. 31, 2018	Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	$ 142,872	$ 132,242
Derivative fair value asset	2,189	1,526
Assets, Fair Value Disclosure, Recurring	145,061	133,768
Mortgage-backed investments, Fannie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	28,695	26,564
Mortgage-backed investments, Freddie Mac
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	5,369	5,472
Mortgage-backed investments, Ginnie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	20,899	21,576
Municipal Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	13,045	13,395
US Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	50,616	42,633
Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	24,248	22,602
Derivative Financial Instruments, Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative fair value asset	2,189	1,526
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Derivative fair value asset	0	0
Assets, Fair Value Disclosure, Recurring	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage-backed investments, Fannie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage-backed investments, Freddie Mac
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage-backed investments, Ginnie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Municipal Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | US Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Derivative Financial Instruments, Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative fair value asset	0	0
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	142,872	132,242
Derivative fair value asset	2,189	1,526
Assets, Fair Value Disclosure, Recurring	145,061	133,768
Significant Other Observable Inputs (Level 2) | Mortgage-backed investments, Fannie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	28,695	26,564
Significant Other Observable Inputs (Level 2) | Mortgage-backed investments, Freddie Mac
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	5,369	5,472
Significant Other Observable Inputs (Level 2) | Mortgage-backed investments, Ginnie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	20,899	21,576
Significant Other Observable Inputs (Level 2) | Municipal Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	13,045	13,395
Significant Other Observable Inputs (Level 2) | US Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	50,616	42,633
Significant Other Observable Inputs (Level 2) | Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	24,248	22,602
Significant Other Observable Inputs (Level 2) | Derivative Financial Instruments, Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative fair value asset	2,189	1,526
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Derivative fair value asset	0	0
Assets, Fair Value Disclosure, Recurring	0	0
Significant Unobservable Inputs (Level 3) | Mortgage-backed investments, Fannie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Significant Unobservable Inputs (Level 3) | Mortgage-backed investments, Freddie Mac
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Significant Unobservable Inputs (Level 3) | Mortgage-backed investments, Ginnie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Significant Unobservable Inputs (Level 3) | Municipal Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Significant Unobservable Inputs (Level 3) | US Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Significant Unobservable Inputs (Level 3) | Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Significant Unobservable Inputs (Level 3) | Derivative Financial Instruments, Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative fair value asset	$ 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	Mar. 31, 2018		Dec. 31, 2017		Mar. 31, 2017	Dec. 31, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative fair value asset	$ 2,189		$ 1,526
Impaired loans (included in loans receivable, net)	16,327	[1]	17,849	[2]
OREO	483		483		$ 2,281	$ 2,331
Total, Fair Value	16,810		18,332
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative fair value asset	0		0
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)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative fair value asset	2,189		1,526
Impaired loans (included in loans receivable, net)	0	[1]	0	[2]
OREO	0		0
Total, Fair Value	0		0
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative fair value asset	0		0
Impaired loans (included in loans receivable, net)	16,327	[1]	17,849	[2]
OREO	483		483
Total, Fair Value	$ 16,810		$ 18,332
[1]	tal fair value of impaired loans is net of $95,000 of specific reserves on performing TDRs. Fair Value Measurements at December 31, 2017 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)$17,849 $— $— $17,849OREO 483 — — 483Total$18,332 $— $— $18,332
[2]	tal fair value of impaired loans is net of $135,000 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	3 Months Ended	12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Loans Receivable
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair Value	$ 16,327	$ 17,849
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	0.00%	0.00%
Loans Receivable | Weighted Average
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of financial instruments, range	0.00%	0.00%
Other Real Estate Owned
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair Value	$ 483	$ 483
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%	0.00%
Other Real Estate Owned | Weighted Average
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of financial instruments, range	0.00%	0.00%

Fair Value_ Balance Sheet Group

Fair Value: Balance Sheet Grouping (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments available-for-sale	$ 142,872	$ 132,242
FHLB stock	9,450	9,882
Derivative fair value asset	2,189	1,526
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash on hand and in banks	6,595	9,189
Interest-earning deposits with banks	13,954	6,942
Investments available-for-sale	0	0
Loans receivable, net	0	0
FHLB stock	0	0
Accrued interest receivable	0	0
Derivative fair value asset	0	0
Deposits	449,835	430,750
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
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash on hand and in banks	0	0
Interest-earning deposits with banks	0	0
Investments available-for-sale	142,872	132,242
Loans receivable, net	0	0
FHLB stock	9,450	9,882
Accrued interest receivable	3,981	4,084
Derivative fair value asset	2,189	1,526
Deposits	0	0
Certificates of deposit, retail	334,254	331,199
Certificates of deposit, brokered	75,043	74,947
Advances from the FHLB	196,921	214,477
Accrued interest payable	270	326
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash on hand and in banks	0	0
Interest-earning deposits with banks	0	0
Investments available-for-sale	0	0
Loans receivable, net	982,143	980,578
FHLB stock	0	0
Accrued interest receivable	0	0
Derivative fair value asset	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
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash on hand and in banks	6,595	9,189
Interest-earning deposits with banks	13,954	6,942
Investments available-for-sale	142,872	132,242
Loans receivable, net	991,138	988,662
FHLB stock	9,450	9,882
Accrued interest receivable	3,981	4,084
Derivative fair value asset	2,189	1,526
Deposits	449,835	430,750
Certificates of deposit, retail	337,906	333,264
Certificates of deposit, brokered	75,488	75,488
Advances from the FHLB	200,000	216,000
Accrued interest payable	270	326
Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash on hand and in banks	6,595	9,189
Interest-earning deposits with banks	13,954	6,942
Investments available-for-sale	142,872	132,242
Loans receivable, net	982,143	980,578
FHLB stock	9,450	9,882
Accrued interest receivable	3,981	4,084
Derivative fair value asset	2,189	1,526
Deposits	449,835	430,750
Certificates of deposit, retail	334,254	331,199
Certificates of deposit, brokered	75,043	74,947
Advances from the FHLB	196,921	214,477
Accrued interest payable	$ 270	$ 326

Derivatives (Details)

Derivatives (Details) - USD ($)	3 Months Ended		12 Months Ended
	Mar. 31, 2018	Dec. 31, 2017	Dec. 31, 2017
Derivative [Line Items]
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax	$ 524,000	$ 125,000	$ 524,000
Derivative fair value asset	2,189,000	1,526,000	1,526,000
Gain (Loss) on Cash Flow Hedge Ineffectiveness, Net			0
FHLB of Des Moines [Member]
Derivative [Line Items]
Debt Instrument, Face Amount		50,000,000	50,000,000
Cash Flow Hedging [Member]
Derivative [Line Items]
Derivative, Notional Amount		50,000,000	50,000,000
Derivative fair value asset	$ 2,189,000	$ 1,526,000	$ 1,526,000
Derivative, Fixed Interest Rate		1.34%	1.34%

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) - USD ($)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 84,000	$ 110,000
Tax benefit from compensation expense	$ 18,000	$ 39,000
Grants in period	0
First Financial Northwest Inc 2016 Equity Incentive Plan | Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized	1,400,000
Available for grant (shares)	1,309,054
Expiration period	10 years
First Financial Northwest Inc 2016 Equity Incentive Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized	400,000
Available for grant (shares)	354,527
First Financial Northwest, Inc. 2008 Equity Incentive Plan | Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	5 years
Percentage of options vesting per year	20.00%
Expiration period	10 years
Compensation cost not yet recognized	$ 232,000
Compensation cost not yet recognized, weighted average vesting period	1 year 9 months 3 days
First Financial Northwest, Inc. 2008 Equity Incentive Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	5 years
Percentage of options vesting per year	20.00%
Compensation cost not yet recognized	$ 316,000
Compensation cost not yet recognized, weighted average vesting period	10 months 24 days
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	25,987		5,000
Granted, Shares	20,987
Expected to vest in 2018 | First Financial Northwest, Inc. 2008 Equity Incentive Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	5,000
Expected to vest and be available for exercise | First Financial Northwest, Inc. 2008 Equity Incentive Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Shares	84,000
Expected to exercise at March 31 2018 | First Financial Northwest, Inc. 2008 Equity Incentive Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted, Shares	358,940

Stock-Based Compensation Disclo

Stock-Based Compensation Disclosure of Share-based Compensation Arrangements by Share-based Payment Award (Details)	3 Months Ended
	Mar. 31, 2018USD ($)$ / sharesshares	Dec. 31, 2017USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding Beginning Balance, Shares	452,940
Exercised, Shares	(10,000)
Outstanding Ending Balance, Shares	442,940	452,940
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	$ 10.21
Exercised, Weighted Average Exercise Price | $ / shares	9.78
Outstanding Ending Balance, Weighted Average Exercise Price | $ / shares	$ 10.22	$ 10.21
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 4 months
Outstanding Ending Balance, Weighted Average Remaining Contractual Term	4 years 4 months
Share-based Compensation Arrangement by Share-based Payment Award, Options Outstanding, Aggregate Intrinsic [Roll Forward]
Outstanding Beginning Balance, Aggregate Intrinsic Value | $	$ 2,402,096
Exercised, Aggregate Intrinsic Value | $
Outstanding Ending Balance, Aggregate Intrinsic Value | $	$ 2,894,042	$ 2,402,096
Share Based Compensation, Stock Option Plan, Additional Disclosures [Abstract]
Expected to Vest, Shares	440,420
Expected to Vest, Weighted Average Exercise Price | $ / shares	$ 10.21
Expected to Vest, Weighted Average Remaining Contractual Term in Years	4 years 3 months 22 days
Expected to Vest, Aggregate Intrinsic Value | $	$ 2,880,637
Exercisable at end of period, Shares	358,940
Exercisable at end of period, Weighted Average Exercise Price | $ / shares	9.93
Exercisable at end of period, Weighted Average Remaining Contractual Term in Years	3 years 9 months 27 days
Exercisable at end of period, Aggregate Intrinsic Value | $	$ 2,447,222
First Financial Northwest, Inc. 2008 Equity Incentive Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Nonvested Beginning Balance	5,000
Granted, Shares	20,987
Nonvested Ending Balance	25,987	5,000
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	$ 10.88
Granted, Weighted Average Grant Date Fair Value | $ / shares	15.90
Nonvested Ending Balance, Weighted-Average Grant Date Fair Value | $ / shares	$ 14.93	$ 10.88
Expected to vest assuming a 3% forfeiture rate over the vesting term | First Financial Northwest, Inc. 2008 Equity Incentive Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Nonvested Ending Balance	5,000
Expected to vest assuming a 3% forfeiture rate over the vesting term, Shares	25,207
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Nonvested Ending Balance, Weighted-Average Grant Date Fair Value | $ / shares	$ 14.93

Earnings Per Share_ Schedule 54

Earnings Per Share: Schedule of Earnings Per Share Reconciliation (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Earnings Per Share [Abstract]
Net income	$ 6,842	$ 2,344
Less: Earnings allocated to participating securities	(16)	(5)
Earnings allocated to common shareholders	$ 6,826	$ 2,339
Basic weighted average common shares outstanding	10,210,828	10,319,722
Dilutive stock options	122,465	171,028
Dilutive restricted stock grants	3,273	13,296
Diluted weighted average common shares outstanding	10,336,566	10,504,046
Basic earnings (loss) per share (in dollars per share)	$ 0.67	$ 0.23
Diluted earnings (loss) per share (in dollars per share)	$ 0.66	$ 0.22

Earnings Per Share (Details)

Earnings Per Share (Details)	3 Months Ended
	Mar. 31, 2018shares
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share, amount	0

Branch Acquisition (Narrative)

Branch Acquisition (Narrative) (Details) - USD ($)	Aug. 25, 2017	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Business Acquisition [Line Items]
Goodwill		$ 889,000		$ 889,000
Acquisition related costs		4,000,000	$ 0
Opus Bank [Member]
Business Acquisition [Line Items]
Retail deposits	$ 74,700,000
Deposit premium rate	3.125%
Deposit premium, amount	$ 2,500,000
Fair Value of The Branch Owned	488,000
Fixed assets	56,000
Adjustments at Closing Date	14,000
Cash payment to acquire business	71,600,000
Core Deposits Intangible [Member] | Opus Bank [Member]
Business Acquisition [Line Items]
Finite-lived Intangible Assets Acquired		$ 1,300,000
Goodwill	$ 889,000

Branch Acquisition (Pro Forma I

Branch Acquisition (Pro Forma Information) (Details) - Opus Bank [Member] $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2017USD ($)$ / shares
Business Acquisition, Pro Forma Information, Nonrecurring Adjustment [Line Items]
Total revenues (net interest income plus noninterest income) | $	$ 9,293
Net income | $	$ 1,970
Earnings per share - basic | $ / shares	$ 0.19
Earnings per share - diluted | $ / shares	$ 0.19

Branch Acquisition (Noninterest

Branch Acquisition (Noninterest Expense) (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Business Acquisition [Line Items]
Salaries and employee benefits	$ 4,662	$ 4,285
Occupancy and equipment	769	480
Marketing	107	48
Other general and administrative	575	341
Total noninterest expense	7,027	$ 6,068
Opus Bank [Member]
Business Acquisition [Line Items]
Salaries and employee benefits	286
Occupancy and equipment	81
Marketing	5
Other general and administrative	23
Total noninterest expense	$ 395

Revenue Recognition Disaggregat

Revenue Recognition Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 646	$ 535
BOLI change in cash surrender value (1)
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	249	201
Wealth management revenue
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	99	140
Deposit related fees
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	63	42
Debit card and ATM fees
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	98	29
Loan related fees
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	87	35
Loan interest swap fees
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	47	85
Other
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 3	$ 3

Revenue Recognition (Details)

Revenue Recognition (Details)	Mar. 31, 2018USD ($)
Revenue from Contract with Customer [Abstract]
Contract Liability	$ 0
Performance Obligation	$ 0