First Financial Northwest (FFNW) 10-Q 9 Nov 20 2020 Q3 Quarterly report Financial data

Recently Issued Accounting Pron

Recently Issued Accounting Pronouncements	9 Months Ended
	Sep. 30, 2020
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements Recent Accounting Pronouncements Adopted in 2020 In August 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2018-13, Fair Value Measurement (Topic 820) - Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement. The amendments in this ASU remove certain disclosure requirements regarding transfers between Level 1 and Level 2 of the fair value hierarchy and changes in unrealized gains and losses for recurring Level 3 fair value measurements. In addition, the amendments modified and added certain disclosure requirements for Level 3 fair value measurements. The Company adopted this ASU as of January 1, 2020, with no material impact on the Company’s consolidated financial statements. In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of reference Rate Reform on Financial Reporting. This ASU applies to contracts, hedging relationships and other transactions that reference the London Inter-bank Offered Rate (“LIBOR”) or other rate references expected to be discontinued because of reference rate reform. The ASU permits an entity to make necessary modifications to eligible contracts or transactions without requiring contract remeasurement or reassessment of a previous accounting determination. For a cash flow hedge, a change in the method used to assess hedge effectiveness will not result in de-designation of the hedging relationship if certain criteria are met. The Company is party to cash flow hedge arrangements where the hedge effectiveness is based on LIBOR. The Company adopted this ASU as of September 30, 2020, with no material impact on its consolidated financial statements. Recent Accounting Pronouncements ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326) as amended by ASU 2018-19, ASU 2019-04 and ASU 2019-05, was originally issued in June 2016 . 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. This ASU is effective for smaller reporting companies, such as the Company, for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years, with early adoption permitted. The Company is evaluating its current expected loss methodology on the 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 the ALLL or investment portfolio that is identified in this process will be reflected as a one-time adjustment in equity rather than earnings. ASU 2019-05 issued in April 2019 further provides that entities that have certain financial instruments measured at amortized cost that has credit losses, to irrevocably elect the fair value option in Subtopic 825-10, upon adoption of Topic 326. The fair value option applies to available-for-sale debt securities. This ASU is effective upon adoption of ASU 2016-13, and should be applied on a modified-retrospective basis as a cumulative-effect adjustment to the opening balance of retained earnings in the statement of financial condition as of the adoption date. The Company is in the process of compiling historical and industry data that will be used to calculate expected credit losses on the loan portfolio to ensure that it is fully compliant with the ASU at the adoption date and is evaluating the potential impact adoption of this ASU will have on its consolidated financial statements. The Company intends to adopt ASU 2016-13 in the first quarter of 2023, and as a result, the ALLL may increase. Until the evaluation is complete, however, the magnitude of the increase will not be known. In April 2019, FASB issued ASU 2019-05, Financial Instruments--Credit Losses (Topic 326), Targeted Transition Relief. The amendments in this ASU provide entities that have certain financial instruments measured at amortized cost that have credit losses, to irrevocably elect the fair value option in Subtopic 825-10, upon adoption of Topic 326. The fair value option applies to available-for-sale debt securities. This ASU is effective when ASU 2016-13 is adopted, and will be applied on a modified-retrospective basis as a cumulative-effect adjustment to the opening balance of retained earnings in the statement of financial condition as of the adoption date. Adoption of ASU 2019-05 is not expected to have a material impact on the Company’s consolidated financial statements. In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes (ASU 2019-12). This ASU simplifies the accounting for income taxes by removing (i) the exception to the incremental approach for intra-period tax allocation when there is a loss from continuing operations and income or a gain from other items; (ii) the requirement to recognize a deferred tax liability for equity method investments when a foreign subsidiary becomes an equity method investment, and (iii) the general methodology for calculating income taxes in an interim period when a year-to-date loss exceeds the anticipated loss for the year. This ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. The Company does not expect the adoption of ASU 2019-12 to have a material impact on its consolidated financial statements.

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2020	Nov. 04, 2020
Cover [Abstract]
Entity Registrant Name	FIRST FINANCIAL NORTHWEST, INC.
Document Type	10-Q
Document Period End Date	Sep. 30, 2020
Amendment Flag	false
Entity Central Index Key	0001401564
Current Fiscal Year End Date	--12-31
Entity Common Stock, Shares Outstanding		9,785,866
Entity Filer Category	Accelerated Filer
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q3
Entity Emerging Growth Company	false
Entity Small Business	true
Entity Shell Company	false
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
City Area Code	(425)
Local Phone Number	255-4400
Entity Address, Address Line One	201 Wells Avenue South
Entity Address, City or Town	Renton
Entity Address, Postal Zip Code	98057
Entity Address, State or Province	WA
Trading Symbol	FFNW
Document Transition Report	false
Document Quarterly Report	true
Entity File Number	001-33652
Entity Tax Identification Number	26-0610707
Entity Incorporation, State or Country Code	WA
Title of 12(b) Security	Common Stock, $0.01 par value per share
Security Exchange Name	NASDAQ

FIRST FINANCIAL NORTHWEST, INC.

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Assets
Cash on hand and in banks	$ 7,440,000	$ 10,094,000
Interest-earning deposits	18,674,000	12,896,000
Investments available-for-sale, at fair value	126,020,000	136,601,000
Investments held-to-maturity	2,406,000	0
Loans receivable, net of allowance of $14,568 and $13,218	1,133,984,000	1,108,462,000
Federal Home Loan Bank ("FHLB") stock, at cost	6,410,000	7,009,000
Accrued interest receivable	5,676,000	4,138,000
Deferred tax assets, net	1,879,000	1,501,000
Other real estate owned ("OREO")	454,000	454,000
Premises and equipment, net	22,409,000	22,466,000
Bank owned life insurance ("BOLI"), net	32,830,000	31,982,000
Prepaid expenses and other assets	1,704,000	2,216,000
Right of use asset (“ROU”)	3,834,000	2,209,000
Goodwill	889,000	889,000
Core deposit intangible	860,000	968,000
Total assets	1,365,469,000	1,341,885,000
Liabilities and Stockholders' Equity
Noninterest-bearing deposits	82,376,000	52,849,000
Interest-bearing deposits	987,306,000	980,685,000
Total deposits	1,069,682,000	1,033,534,000
FHLB advances	120,000,000	137,700,000
Advance payments from borrowers for taxes and insurance	4,742,000	2,921,000
Lease liability	3,942,000	2,279,000
Accrued interest payable	197,000	285,000
Other liabilities	12,128,000	8,847,000
Total liabilities	1,210,691,000	1,185,566,000
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 9,911,607 shares at September 30, 2020, and 10,252,953 shares at December 31, 2019	99,000	103,000
Additional paid-in capital	83,839,000	87,370,000
Retained earnings	76,300,000	73,321,000
Accumulated other comprehensive loss, net of tax	(3,203,000)	(1,371,000)
Unearned Employee Stock Ownership Plan ("ESOP") shares	(2,257,000)	(3,104,000)
Total stockholders' equity	154,778,000	156,319,000
Total liabilities and stockholders' equity	$ 1,365,469,000	$ 1,341,885,000
Preferred stock par value per share (in usd per share)	$ 0.01	$ 0.01
Loans receivable allowance for loan losses	$ 14,568,000	$ 13,218,000
Preferred stock shares authorized (in shares)	10,000,000	10,000,000
Preferred stock shares outstanding (in shares)	0	0
Preferred stock shares issued (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 outstanding (in shares)	9,911,607	10,252,953

FIRST FINANCIAL NORTHWEST, IN_2

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Assets
Loans receivable allowance for loan losses	$ 14,568	$ 13,218
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)	9,911,607	10,252,953
Common stock shares outstanding (in shares)	9,911,607	10,252,953

FIRST FINANCIAL NORTHWEST, IN_3

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED INCOME STATEMENTS - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Interest income
Loans, including fees	$ 12,847,000	$ 13,897,000	$ 39,504,000	$ 40,784,000
Investments available-for-sale	751,000	1,066,000	2,466,000	3,334,000
Investments held-to-maturity	6,000	0	17,000	0
Interest-earning deposits	8,000	158,000	45,000	246,000
Dividends on FHLB stock	82,000	97,000	240,000	290,000
Total interest income	13,694,000	15,218,000	42,272,000	44,654,000
Interest expense
Deposits	3,206,000	5,037,000	11,238,000	13,189,000
Borrowings	400,000	529,000	1,214,000	2,255,000
Total interest expense	3,606,000	5,566,000	12,452,000	15,444,000
Net interest income	10,088,000	9,652,000	29,820,000	29,210,000
Provision (recapture of provision) for loan losses	700,000	100,000	1,300,000	(300,000)
Net interest income after provision (recapture of provision) for loan losses	9,388,000	9,552,000	28,520,000	29,510,000
Noninterest income
Gain on sale of investments available-for-sale	18,000	88,000	86,000	80,000
BOLI income	269,000	235,000	778,000	693,000
Wealth management revenue	145,000	245,000	493,000	702,000
Deposit related fees	201,000	179,000	560,000	555,000
Loan related fees	376,000	290,000	865,000	562,000
Other	2,000	2,000	7,000	26,000
Total noninterest income	1,011,000	1,039,000	2,789,000	2,618,000
Noninterest expense
Salaries and employee benefits	4,880,000	4,813,000	14,893,000	14,547,000
Occupancy and equipment	987,000	924,000	3,090,000	2,688,000
Professional fees	371,000	440,000	1,257,000	1,262,000
Data processing	731,000	478,000	2,112,000	1,393,000
OREO related expenses, net	1,000	1,000	7,000	33,000
Regulatory assessments	134,000	13,000	405,000	286,000
Insurance and bond premiums	116,000	95,000	339,000	288,000
Marketing	41,000	118,000	133,000	280,000
Other general and administrative	606,000	573,000	1,843,000	1,670,000
Total noninterest expense	7,867,000	7,455,000	24,079,000	22,447,000
Income before federal income tax provision	2,532,000	3,136,000	7,230,000	9,681,000
Federal income tax provision	450,000	631,000	1,320,000	1,927,000
Net income	$ 2,082,000	$ 2,505,000	$ 5,910,000	$ 7,754,000
Earnings per common share
Basic earnings per share (in dollars per share)	$ 0.22	$ 0.25	$ 0.60	$ 0.77
Diluted earnings per share (in dollars per share)	$ 0.21	$ 0.25	$ 0.60	$ 0.77
Weighted average number of common shares outstanding
Basic shares outstanding (in shares)	9,661,498	9,901,586	9,788,397	9,989,970
Diluted shares outstanding (in shares)	9,675,567	9,991,011	9,811,602	10,091,631

FIRST FINANCIAL NORTHWEST, IN_4

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Statement of Comprehensive Income [Abstract]
Net income	$ 2,082	$ 2,505	$ 5,910	$ 7,754
Other comprehensive income (loss), before tax:
Unrealized holding gains on investments available-for-sale	538	662	2,031	3,062
Tax effect	(113)	(139)	(427)	(643)
Reclassification adjustment for net gains realized in income	(18)	(88)	(86)	(80)
Tax effect	4	18	18	17
Gains (losses) on cash flow hedges	343	(237)	(4,264)	(1,449)
Tax effect	(72)	50	896	304
Other comprehensive income (loss), net of tax	682	266	(1,832)	1,211
Total comprehensive income	$ 2,764	$ 2,771	$ 4,078	$ 8,965

FIRST FINANCIAL NORTHWEST, IN_5

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, 2018	10,710,656
Balances at beginning of period at Dec. 31, 2018	$ 153,738	$ 107	$ 93,773	$ 66,343	$ (2,253)	$ (4,232)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	7,754			7,754
Other comprehensive income, net of tax	$ 1,211				1,211
Issuance of common stock - restricted stock awards, net	25,278
Issuance of common stock - restricted stock awards, net	$ (93)		(93)
Compensation related to stock options and restricted stock awards	457		457
Allocation of ESOP shares	$ 1,290		444			846
Repurchase and retirement of common stock (in shares)	(433,952)
Repurchase and retirement of common stock	$ (6,750)	(4)	(6,746)
Canceled common stock - restricted stock awards (in shares)	(5,929)
Stock Canceled During Period, Value, Restricted Stock Award, Gross	$ 0
Cash dividend declared and paid	(2,592)			(2,592)
Reclassification To Accumulated Other Comprehensive, Tax Rate Change	87			87
Balances at end of period at Sep. 30, 2019	$ 155,102	103	87,835	71,592	(1,042)	(3,386)
Balances at end of period (in shares) at Sep. 30, 2019	10,296,053
Balances at beginning of period (in shares) at Jun. 30, 2019	10,375,325
Balances at beginning of period at Jun. 30, 2019	$ 153,828	104	88,725	69,976	(1,309)	(3,668)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	2,505			2,505
Other comprehensive income, net of tax	$ 267				267
Issuance of common stock - restricted stock awards, net	8,580
Issuance of common stock - restricted stock awards, net	$ 0		0
Compensation related to stock options and restricted stock awards	226		226
Allocation of ESOP shares	$ 402		120			282
Repurchase and retirement of common stock (in shares)	(87,852)
Repurchase and retirement of common stock	$ (1,237)	(1)	(1,236)
Cash dividend declared and paid	(889)			(889)
Balances at end of period at Sep. 30, 2019	$ 155,102	103	87,835	71,592	(1,042)	(3,386)
Balances at end of period (in shares) at Sep. 30, 2019	10,296,053
Balances at beginning of period (in shares) at Dec. 31, 2019	10,252,953
Balances at beginning of period at Dec. 31, 2019	$ 156,319	103	87,370	73,321	(1,371)	(3,104)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	5,910			5,910
Other comprehensive income, net of tax	$ (1,832)				(1,832)
Issuance of common stock - restricted stock awards, net	33,923
Issuance of common stock - restricted stock awards, net	$ (73)		(73)
Compensation related to stock options and restricted stock awards	367		367
Allocation of ESOP shares	$ 904		57			847
Repurchase and retirement of common stock (in shares)	(369,894)
Repurchase and retirement of common stock	$ (3,886)	(4)	(3,882)
Canceled common stock - restricted stock awards (in shares)	(5,375)
Stock Canceled During Period, Value, Restricted Stock Award, Gross	$ 0
Cash dividend declared and paid	(2,931)			2,931
Balances at end of period at Sep. 30, 2020	$ 154,778	99	83,839	76,300	(3,203)	(2,257)
Balances at end of period (in shares) at Sep. 30, 2020	9,911,607
Balances at beginning of period (in shares) at Jun. 30, 2020	10,048,961
Balances at beginning of period at Jun. 30, 2020	$ 153,976	100	85,119	75,181	(3,885)	(2,539)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	2,082			2,082
Other comprehensive income, net of tax	$ 682				682
Issuance of common stock - restricted stock awards, net	17,695
Issuance of common stock - restricted stock awards, net	$ 0		0
Compensation related to stock options and restricted stock awards	224		224
Allocation of ESOP shares	$ 261		(21)			282
Repurchase and retirement of common stock (in shares)	(155,049)
Repurchase and retirement of common stock	$ (1,484)	(1)	(1,483)
Cash dividend declared and paid	(963)			963
Balances at end of period at Sep. 30, 2020	$ 154,778	$ 99	$ 83,839	$ 76,300	$ (3,203)	$ (2,257)
Balances at end of period (in shares) at Sep. 30, 2020	9,911,607

FIRST FINANCIAL NORTHWEST, IN_6

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED STATEMETNS OF STOCKHOLDERS' EQUITY (PARENTHETICALS) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Statement of Stockholders' Equity [Abstract]
Dividends (usd per share)	$ 0.10	$ 0.09	$ 0.30	$ 0.26
Allocated shares	28,214	28,214	84,642	84,640

FIRST FINANCIAL NORTHWEST, IN_7

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)	9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019
Cash flows from operating activities
Net income	$ 5,910,000	$ 7,754,000
Adjustments to reconcile net income to net cash provided by operating activities:
Provision (recapture of provision) for loan losses	1,300,000	(300,000)
OREO market value adjustments	0	29,000
Net amortization of premiums and discounts on investments	589,000	626,000
Gain on sale of investments available-for-sale	(86,000)	(80,000)
Depreciation of premises and equipment	1,638,000	1,330,000
Loss on sale of premises and equipment	0	5,000
Deferred federal income taxes	110,000	320,000
Allocation of ESOP shares	904,000	1,290,000
Stock compensation expense	367,000	457,000
BOLI income	(778,000)	(693,000)
Annuity income	(31,000)	0
Changes in operating assets and liabilities:
Decrease (increase) in prepaid expenses and other assets	194,000	(636,000)
Decrease in ROU	491,000	367,000
Increase in advance payments from borrowers for taxes and insurance	1,821,000	2,110,000
Increase in accrued interest receivable	(1,538,000)	(339,000)
Decrease in lease liability	(453,000)	(341,000)
Decrease in accrued interest payable	(88,000)	(96,000)
Decrease in other liabilities	(558,000)	(1,164,000)
Net cash provided by operating activities	9,792,000	10,639,000
Cash flows from investing activities:
Proceeds from sales, calls and maturities of investments available-for-sale	12,082,000	5,057,000
Principal repayments on investments available-for-sale	8,991,000	4,859,000
Purchases of investments available-for-sale	(9,050,000)	(3,534,000)
Purchase of investments held-to-maturity	(2,375,000)	0
Net increase in loans receivable	(26,822,000)	(60,646,000)
Net sale of FHLB stock	599,000	969,000
Purchase of premises and equipment	(1,581,000)	(2,350,000)
Proceeds from Life Insurance Policy	0	310,000
Purchase of BOLI	(70,000)	(1,457,000)
Net cash used by investing activities	(18,226,000)	(56,792,000)
Cash flows from financing activities:
Net increase in deposits	36,148,000	77,796,000
Advances from the FHLB	248,000,000	196,500,000
Repayments of advances from the FHLB	(265,700,000)	(222,000,000)
Net share settlement of stock awards	(73,000)	(93,000)
Repurchase and retirement of common stock	(3,886,000)	(6,750,000)
Dividends paid	(2,931,000)	(2,592,000)
Net cash provided by financing activities	11,558,000	42,861,000
Cash and cash equivalents:
Net decrease in cash and cash equivalents	3,124,000	(3,292,000)
Cash and cash equivalents at beginning of period	22,990,000	17,010,000
Cash and cash equivalents at end of period	26,114,000	13,718,000
Cash paid during the period for:
Interest paid	12,540,000	15,540,000
Federal income taxes paid	1,190,000	1,860,000
Noncash transactions:
Change in unrealized loss on investments available-for-sale	1,945,000	2,982,000
Change in gain on cash flow hedge	(4,264,000)	(1,449,000)
Initial recognition of ROU	2,116,000	1,853,000
Initial recognition of lease liability	$ 2,116,000	$ 1,853,000

Description of Business

Description of Business	9 Months Ended
	Sep. 30, 2020
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”). At September 30, 2020, First Financial Northwest Bank operated in thirteen locations in Washington with the headquarters and six retail branch locations in King County, five retail branch locations in Snohomish County and one retail branch in Pierce County. On October 5, 2020, the Bank opened a new branch in Gig Harbor, Washington, located in Pierce County. In addition, the Bank has received FDIC approval to open a new branch in Issaquah, Washington, located in King County, which is expected to open in early 2021. 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 FHLB and deposits raised in the national brokered deposit market. As used throughout this report, the terms “we,” “our,” “us,” or the “Company” refer to First Financial Northwest, Inc. and its consolidated subsidiary First Financial Northwest Bank, unless the context otherwise requires.

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2020
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, 2019, as filed with the SEC (“2019 Form 10-K”). In our opinion, all adjustments (consisting only of normal recurring adjustments) considered necessary for a fair presentation of the unaudited interim consolidated financial statements in accordance with GAAP have been included. All significant intercompany balances and transactions between the Company and its subsidiaries have been eliminated in consolidation. Operating results for the nine months ended September 30, 2020, are not necessarily indicative of the results that may be expected for the year ending December 31, 2020. 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, the right-of-use asset and lease liability on our operating leases, 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.

Investments

Investments	9 Months Ended
	Sep. 30, 2020
Investments [Abstract]
Investments	Investments Investments available-for-sale are summarized as follows at the dates indicated: September 30, 2020 Amortized Gross Gross Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 13,015 $ 531 $ (11) $ 13,535 Freddie Mac 4,134 204 — 4,338 Ginnie Mae 18,840 661 (4) 19,497 Other 10,942 93 (109) 10,926 Municipal bonds 14,100 725 — 14,825 U.S. Government agencies 42,236 63 (899) 41,400 Corporate bonds 21,501 214 (216) 21,499 Total $ 124,768 $ 2,491 $ (1,239) $ 126,020 December 31, 2019 Amortized Gross Gross Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 15,605 $ 128 $ (104) $ 15,629 Freddie Mac 4,196 96 — 4,292 Ginnie Mae 23,239 140 (329) 23,050 Other 11,407 66 (25) 11,448 Municipal bonds 10,675 272 (36) 10,911 U.S. Government agencies 46,672 13 (935) 45,750 Corporate bonds 25,500 372 (351) 25,521 Total $ 137,294 $ 1,087 $ (1,780) $ 136,601 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: September 30, 2020 Less Than 12 Months 12 Months or Longer Total Fair Value Gross Unrealized Fair Value Gross Unrealized Fair Value Gross Unrealized (In thousands) Mortgage-backed investments: Fannie Mae $ — $ — $ 1,391 $ (11) $ 1,391 $ (11) Freddie Mac — — — — — — Ginnie Mae 1,370 (4) — — 1,370 (4) Other — — 5,897 (109) 5,897 (109) Municipal bonds — — — — — — U.S. Government agencies 2,701 (34) 33,214 (865) 35,915 (899) Corporate bonds 3,482 (25) 3,808 (191) 7,290 (216) Total $ 7,553 $ (63) $ 44,310 $ (1,176) $ 51,863 $ (1,239) December 31, 2019 Less Than 12 Months 12 Months or Longer Total Fair Value Gross Unrealized Fair Value Gross Unrealized Fair Value Gross Unrealized (In thousands) Mortgage-backed investments: Fannie Mae $ 8,340 $ (104) $ — $ — $ 8,340 $ (104) Freddie Mac — — — — — — Ginnie Mae 156 — 12,921 (329) 13,077 (329) Other 2,843 (7) 6,000 (18) 8,843 (25) Municipal bonds 3,257 (36) — — 3,257 (36) U.S. Government agencies 12,266 (201) 31,490 (734) 43,756 (935) Corporate bonds 1,996 (12) 7,161 (339) 9,157 (351) Total $ 28,858 $ (360) $ 57,572 $ (1,420) $ 86,430 $ (1,780) 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. The Company had 23 securities and 37 securities in an unrealized loss position, respectively, with 18 of these securities in an unrealized loss position for 12 months or more, at both September 30, 2020, and December 31, 2019. Management does not believe that any individual unrealized loss as of September 30, 2020, or December 31, 2019, represented OTTI. The decline in fair market value of these securities was generally due to changes in interest rates and changes in market-desired spreads subsequent to their purchase. Management also reviewed the financial condition of the entities issuing municipal or corporate bonds at September 30, 2020, and December 31, 2019, and determined that an OTTI charge was not warranted. The amortized cost and estimated fair value of investments available-for-sale at September 30, 2020, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Investments not due at a single maturity date, primarily mortgage-backed investments, are shown separately. September 30, 2020 Amortized Cost Fair Value (In thousands) Due within one year $ — $ — Due after one year through five years 8,993 8,947 Due after five years through ten years 15,227 15,318 Due after ten years 53,617 53,459 77,837 77,724 Mortgage-backed investments 46,931 48,296 Total $ 124,768 $ 126,020 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 $21.2 million and $19.0 million were pledged as collateral for public deposits at September 30, 2020, and December 31, 2019, respectively, both of which exceeded the collateral requirements established by the Washington Public Deposit Protection Commission. For the three months ended September 30, 2020, there were $2.5 million in sales or maturities on investment securities generating a net gain of $18,000. For the nine months ended September 30, 2020, there were $12.0 million in sales or maturities on investment securities generating a net gain of $86,000. For the three months ended September 30, 2019, there were $2.0 million in sales or maturities on investment securities generating a net gain of $88,000. For the nine months ended September 30, 2019, there were $5.1 million in calls, sales, or maturities on investment securities generating a net gain of $80,000. In January 2020, the Bank purchased three annuity contracts, totaling $2.4 million, to be held long-term to satisfy the benefit obligation associated with certain supplemental executive retirement plan agreements. The annuities are reported at amortized cost as investments held-to-maturity on the Company’s Consolidated Balance Sheet. The amortized cost is considered the fair value of the investment.

Loans Receivable

Loans Receivable	9 Months Ended
	Sep. 30, 2020
Receivables [Abstract]
Loans Receivable	Loans Receivable Loans receivable are disclosed net of loans in process (“LIP”) and are summarized as follows at the dates indicated: September 30, 2020 December 31, 2019 (In thousands) One-to-four family residential: Permanent owner occupied $ 214,250 $ 210,898 Permanent non-owner occupied 177,621 161,630 391,871 372,528 Multifamily 142,619 172,915 Commercial real estate 389,768 395,152 Construction/land: One-to-four family residential 45,231 44,491 Multifamily 47,547 40,954 Commercial 5,475 19,550 Land 1,345 8,670 99,598 113,665 Business 85,780 37,779 Consumer 40,845 30,199 Total loans 1,150,481 1,122,238 Less: Deferred loan fees, net 1,929 558 ALLL 14,568 13,218 Loans receivable, net $ 1,133,984 $ 1,108,462 At September 30, 2020, loans totaling $521.3 million were pledged to secure borrowings from the FHLB compared to $506.7 million at December 31, 2019. In addition, loans totaling $139.3 million and $130.3 million were pledged to the Federal Reserve Bank of San Francisco to secure a line of credit at September 30, 2020 and December 31, 2019, respectively. Credit Quality Indicators . The Company assigns a risk rating to all credit exposures based on a risk rating system designed to define the basic characteristics and identified risk elements of each credit extension. The Company utilizes a nine point risk rating system. A description of the general characteristics of the risk grades is as follows: • Grades 1 through 5: These grades are considered to be “pass” credits. These include assets where there is limited credit risk, such as cash secured loans with funds on deposit with the Bank. Pass credits also include credits that are on the Company’s watch list, where the borrower exhibits potential weaknesses, which may, if not checked or corrected, negatively affect the borrower’s financial capacity and threaten their ability to fulfill debt obligations in the future. • Grade 6: These credits, classified as “special mention”, 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. If left uncorrected, these potential weaknesses may result in deterioration in the Company’s credit position at a future date. • Grade 7: These credits, classified as “substandard”, present a distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. These credits have well defined weaknesses which jeopardize the orderly liquidation of the debt and are inadequately protected by the current net worth and payment capacity of the borrower or of any collateral pledged. • Grade 8: These credits are classified as “doubtful” and possess well defined weaknesses which make the full collection or liquidation of the loan highly questionable and improbable. This classification is used where significant risk exposures are perceived but the exact amount of the loss cannot yet be determined due to pending events. • Grade 9: Assets classified as “loss” are considered uncollectible and cannot be justified as a viable asset for the Company. There is little or no prospect of near term recovery and no realistic strengthening action of significance is pending. As of September 30, 2020, and December 31, 2019, the Company had no loans rated as doubtful or loss. The following tables represent a summary of loans at September 30, 2020, and December 31, 2019 by type and risk category: September 30, 2020 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Risk Rating: Pass $ 390,737 $ 140,515 $ 373,731 $ 99,598 $ 85,780 $ 40,845 $ 1,131,206 Special mention 605 — 16,037 — — — 16,642 Substandard 529 2,104 — — — — 2,633 Total loans $ 391,871 $ 142,619 $ 389,768 $ 99,598 $ 85,780 $ 40,845 $ 1,150,481 December 31, 2019 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Risk Rating: Pass $ 371,363 $ 170,810 $ 394,627 $ 101,141 $ 37,779 $ 30,199 $ 1,105,919 Special mention 536 2,105 525 12,524 — — 15,690 Substandard 629 — — — — — 629 Total loans $ 372,528 $ 172,915 $ 395,152 $ 113,665 $ 37,779 $ 30,199 $ 1,122,238 ALLL . When the Company classifies problem assets as either substandard or doubtful, pursuant to Federal regulations, or identifies a loan where it is uncertain if the Bank will be able to collect all amounts due according to the contractual terms of the loan, it may establish a specific reserve in an amount deemed prudent to address the risk specifically. General allowances represent loss allowances which have been established to recognize the inherent risk associated with lending activities, but which, unlike specific allowances, have not been specifically allocated to the particular problem assets. When an insured institution classifies problem assets as a loss, pursuant to Federal regulations, it is required to charge-off such assets in the period in which they are deemed uncollectible. The determination as to the classification of the Company’s assets and the amount of valuation allowances is subject to review by bank regulators, who can require the establishment of additional allowances for loan losses. At September 30, 2020, total loans receivable included $52.0 million of loans originated under the Small Business Administration (“SBA”) Paycheck Protection Program (“PPP”). PPP loans are 100% guaranteed by the SBA. Although these loans were included in the population of loans collectively evaluated for impairment, no general reserve was allocated to them as these loans are 100% guaranteed by the SBA. Loan grades are used by the Company to identify and track potential problem loans which do not rise to the levels described for substandard, doubtful, or loss. The grades for watch and special mention are assigned to loans which have been criticized based upon known characteristics such as periodic payment delinquency, failure to comply with contractual terms of the loan or stale financial information from the borrower and/or guarantors. Loans identified as criticized (watch and special mention) or classified (substandard, doubtful or loss) are subject to problem loan reporting every three months. The following tables summarize changes in the ALLL and loan portfolio by loan type and impairment method at the dates and for the periods shown: At or For the Three Months Ended September 30, 2020 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,134 $ 1,559 $ 4,849 $ 2,257 $ 1,065 $ 972 $ 13,836 Recoveries 2 — 30 — — — 32 Provision (Recapture) 89 (165) 622 108 (21) 67 700 Ending balance $ 3,225 $ 1,394 $ 5,501 $ 2,365 $ 1,044 $ 1,039 $ 14,568 At or For the Nine Months Ended September 30, 2020 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,034 $ 1,607 $ 4,559 $ 2,222 $ 1,140 $ 656 $ 13,218 Recoveries 20 — 30 — — — 50 Provision (Recapture) 171 (213) 912 143 (96) 383 1,300 Ending balance $ 3,225 $ 1,394 $ 5,501 $ 2,365 $ 1,044 $ 1,039 $ 14,568 ALLL by category: General reserve $ 3,213 $ 1,394 $ 5,501 $ 2,365 $ 1,044 $ 1,039 $ 14,556 Specific reserve 12 — — — — — 12 Loans: Total loans $ 391,871 $ 142,619 $ 389,768 $ 99,598 $ 85,780 $ 40,845 $ 1,150,481 Loans collectively evaluated for impairment (1) 389,033 140,515 372,995 99,598 85,780 40,845 1,128,766 Loans individually evaluated for impairment (2) 2,838 2,104 16,773 — — — 21,715 ____________ (1) Loans collectively evaluated for general reserves. (2) Loans individually evaluated for specific reserves. At or For the Three Months Ended September 30, 2019 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,085 $ 1,643 $ 4,607 $ 2,271 $ 1,120 $ 331 $ 13,057 Recoveries 3 — — — — 1 4 Provision (recapture) (56) 91 (122) (73) 37 223 100 Ending balance $ 3,032 $ 1,734 $ 4,485 $ 2,198 $ 1,157 $ 555 $ 13,161 At or For the Nine Months Ended September 30, 2019 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,387 $ 1,680 $ 4,777 $ 2,331 $ 936 $ 236 $ 13,347 Recoveries 31 45 — — — 38 114 (Recapture) provision (386) 9 (292) (133) 221 281 (300) Ending balance $ 3,032 $ 1,734 $ 4,485 $ 2,198 $ 1,157 $ 555 $ 13,161 ALLL by category: General reserve $ 3,001 $ 1,734 $ 4,485 $ 2,198 $ 1,157 $ 555 $ 13,130 Specific reserve 31 — — — — — 31 Loans: Total loans $ 370,386 $ 171,152 $ 381,890 $ 109,915 $ 37,507 $ 26,451 $ 1,097,301 Loans collectively evaluated for impairment (1) 365,813 171,152 379,764 98,306 37,507 26,412 1,078,954 Loans individually evaluated for impairment (2) 4,573 — 2,126 11,609 — 39 18,347 _____________ (1) Loans collectively evaluated for general reserves. (2) 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 both September 30, 2020, and December 31, 2019, past due loans were 0.19% of total loans receivable. The following tables represent a summary of the aging of loans by type at the dates indicated: Loans Past Due as of September 30, 2020 30-59 Days 60-89 Days 90 Days and Total Past Current Total (1) (In thousands) Real estate: One-to-four family residential: Owner occupied $ — $ — $ — $ — $ 214,250 $ 214,250 Non-owner occupied — — — — 177,621 177,621 Multifamily — — 2,104 2,104 140,515 142,619 Commercial real estate — — — — 389,768 389,768 Construction/land — — — — 99,598 99,598 Total real estate — — 2,104 2,104 1,021,752 1,023,856 Business — — — — 85,780 85,780 Consumer 32 — — 32 40,813 40,845 Total loans $ 32 $ — $ 2,104 $ 2,136 $ 1,148,345 $ 1,150,481 ________________ (1) There were no loans 90 days and greater past due and still accruing interest at September 30, 2020. Loans Past Due as of December 31, 2019 30-59 Days 60-89 Days 90 Days and Total Past Current Total (1) (In thousands) Real estate: One-to-four family residential: Owner occupied $ 79 $ — $ — $ 79 $ 210,819 $ 210,898 Non-owner occupied — — — — 161,630 161,630 Multifamily 2,105 — — 2,105 170,810 172,915 Commercial real estate — — — — 395,152 395,152 Construction/land — — — — 113,665 113,665 Total real estate 2,184 — — 2,184 1,052,076 1,054,260 Business — — — — 37,779 37,779 Consumer — — — — 30,199 30,199 Total loans $ 2,184 $ — $ — $ 2,184 $ 1,120,054 $ 1,122,238 _________________ (1) There were no loans 90 days and greater past due and still accruing interest at December 31, 2019. Nonperforming Loans. When a loan becomes 90 days past due, the Bank generally places the loan on nonaccrual status. Loans may be placed on nonaccrual status prior to being 90 days past due if there is an identified problem that indicates the borrower is unable to meet their scheduled payment obligations. The following table is a summary of nonaccrual loans by loan type at the dates indicated: September 30, 2020 December 31, 2019 (In thousands) One-to-four family residential $ — $ 95 Multifamily 2,104 — Total nonaccrual loans $ 2,104 $ 95 During the three and nine months ended September 30, 2020, interest income that would have been recognized had these nonaccrual loans been performing in accordance with their original terms was $24,000 and $58,000. For the three and nine months ended September 30, 2019, foregone interest on nonaccrual loans was $2,000 and $11,000, respectively. The following tables summarize the loan portfolio by type and payment status at the dates indicated: September 30, 2020 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Performing (1) $ 391,871 $ 140,515 $ 389,768 $ 99,598 $ 85,780 $ 40,845 $ 1,148,377 Nonperforming — 2,104 — — — — 2,104 Total loans $ 391,871 $ 142,619 $ 389,768 $ 99,598 $ 85,780 $ 40,845 $ 1,150,481 _____________ (1) There were $214.3 million of owner-occupied one-to-four family residential loans and $177.6 million of non-owner occupied one-to-four family residential loans classified as performing. December 31, 2019 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Performing (1) $ 372,433 $ 172,915 $ 395,152 $ 113,665 $ 37,779 $ 30,199 $ 1,122,143 Nonperforming (2) 95 — — — — — 95 Total loans $ 372,528 $ 172,915 $ 395,152 $ 113,665 $ 37,779 $ 30,199 $ 1,122,238 _____________ (1) There were $210.8 million of owner-occupied one-to-four family residential loans and $161.6 million of non-owner occupied one-to-four family residential loans classified as performing. (2) The $95,000 one-to-four family residential loan classified as nonperforming is 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 or the borrower failing to comply with contractual terms of the loan. At September 30, 2020, there were no commitments to advance funds related to impaired loans. At December 31, 2019, there was $3.1 million committed to be advanced on an impaired $12.5 million construction/land loan. During the nine months ended September 30, 2020, this construction/land loan became fully funded and was reclassified as an impaired permanent commercial real estate loan with a $15.5 million principal balance at September 30, 2020. The Bank authorized completion of the loan funding because it determined that it was in the Bank’s best interest to finalize the construction project. At September 30, 2020, the loan is well collateralized and the Bank currently does not expect to incur a loss. The following tables present a summary of loans individually evaluated for impairment by loan type at the dates indicated: September 30, 2020 Recorded Investment (1) Unpaid Principal Balance (2) Related Allowance (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 336 $ 434 $ — Non-owner occupied 1,039 1,039 — Multifamily 2,104 2,104 — Commercial real estate 16,773 16,773 — Total 20,252 20,350 — Loans with an allowance: One-to-four family residential: Owner occupied 502 549 7 Non-owner occupied 961 961 5 Total 1,463 1,510 12 Total impaired loans: One-to-four family residential: Owner occupied 838 983 7 Non-owner occupied 2,000 2,000 5 Multifamily 2,104 2,104 — Commercial real estate 16,773 16,773 — Total $ 21,715 $ 21,860 $ 12 _________________ (1) Represents the loan balance less charge-offs. (2) Contractual loan principal balance. December 31, 2019 Recorded Investment (1) Unpaid Principal Balance (2) Related Allowance (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 437 $ 582 $ — Non-owner occupied 1,486 1,486 — Multifamily 2,105 2,105 — Commercial real estate 1,266 1,266 — Construction/land 12,524 15,650 — Total 17,818 21,089 — Loans with an allowance: One-to-four family residential: Owner occupied 505 552 13 Non-owner occupied 1,647 1,647 18 Total 2,152 2,199 31 Total impaired loans: One-to-four family residential: Owner occupied 942 1,134 13 Non-owner occupied 3,133 3,133 18 Multifamily 2,105 2,105 — Commercial real estate 1,266 1,266 — Construction/land 12,524 15,650 — Total $ 19,970 $ 23,288 $ 31 _________________ (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 and nine months ended September 30, 2020 and 2019: Three Months Ended September 30, 2020 Nine Months Ended September 30, 2020 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 $ 381 $ 2 $ 407 $ 15 Non-owner occupied 1,115 17 1,251 52 Multifamily 2,104 47 2,104 139 Commercial real estate 16,823 144 9,042 519 Construction/land — — 7,044 — Total 20,423 210 19,848 725 Loans with an allowance: One-to-four family residential: Owner occupied 502 7 503 23 Non-owner occupied 964 15 1,303 45 Total 1,466 22 1,806 68 Total impaired loans: One-to-four family residential: Owner occupied 883 9 910 38 Non-owner occupied 2,079 32 2,554 97 Multifamily 2,104 47 2,104 139 Commercial real estate 16,823 144 9,042 519 Construction/land — — 7,044 — Total $ 21,889 $ 232 $ 21,654 $ 793 Three Months Ended September 30, 2019 Nine Months Ended September 30, 2019 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 $ 834 $ 15 $ 956 $ 44 Non-owner occupied 1,633 24 1,920 74 Commercial real estate 2,134 38 2,231 114 Construction/land 11,596 202 5,798 570 Consumer 41 1 53 3 Total 16,238 280 10,958 805 Loans with an allowance: One-to-four family residential: Owner occupied 508 9 510 26 Non-owner occupied 1,661 24 2,203 69 Commercial real estate — — 60 — Total 2,169 33 2,773 95 Total impaired loans: One-to-four family residential: Owner occupied 1,342 24 1,466 70 Non-owner occupied 3,294 48 4,123 143 Commercial real estate 2,134 38 2,291 114 Construction/land 11,596 202 5,798 570 Consumer 41 1 53 3 Total $ 18,407 $ 313 $ 13,731 $ 900 Troubled Debt Restructurings. Certain loan modifications are accounted for as troubled debt restructured loans (“TDRs”). At September 30, 2020, the TDR portfolio totaled $4.1 million. At December 31, 2019, the TDR portfolio totaled $5.2 million. At both dates, all TDRs were performing according to their modified repayment terms. At September 30, 2020, 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 and nine months ended September 30, 2020 and 2019. The Coronavirus Aid, Relief, and Economic Security Act of 2020 ("CARES Act"), signed into law on March 27, 2020, provided guidance around the modification of loans as a result of the COVID-19 pandemic, which outlined, among other criteria, that short-term modifications made on a good faith basis to borrowers who were current as defined under the CARES Act prior to any relief, are not TDRs. This includes short-term (e.g. generally up to six months) modifications such as payment deferrals, fee waivers, extensions of repayment terms, or other delays in payment that are insignificant. To qualify as an eligible loan under the CARES Act, a loan modification must be (1) related to the COVID-19 pandemic; (2) executed on a loan that was not more than 30 days past due as of December 31, 2019; and (3) executed between March 1, 2020, and the earlier of (A) 60 days after the date of termination of the National Emergency by the President or (B) December 31, 2020. At September 30, 2020, total loans receivable included $132.3 million of loans that had been granted short term deferrals under the CARES Act and related regulatory guidance, of which $65.5 million were in their active loan payment deferral period. At September 30, 2020, no loans whose deferral period had expired were delinquent. Loan modifications in accordance with the CARES Act are still subject to an impairment evaluation. On March 22, 2020, federal banking regulators issued an interagency statement that included guidance on their approach for the accounting of loan modifications in light of the economic impact of the COVID-19 pandemic. The guidance interprets current accounting standards and indicates that a lender can conclude that a borrower is not experiencing financial difficulty if short-term modifications are made in response to COVID-19, such as payment deferrals, fee waivers, extensions of repayment terms, or other delays in payment that are insignificant related to the loans in which the borrower is less than 30 days past due on its contractual payments at the time a modification program is implemented. The agencies confirmed in working with the staff of the FASB that short-term modifications made on a good faith basis in response to COVID-19 to borrowers who were current prior to any relief are not TDRs. There were no TDR modifications during the three and nine months ended September 30, 2020. The following table presents TDR modifications for the three and nine months ended September 30, 2019, and their recorded investment prior to and after the modification: Three Months Ended September 30, 2019 Nine Months Ended September 30, 2019 Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment (Dollars in thousands) One-to-four family residential Principal and interest with interest rate concession and advancement of maturity date 1 $ 536 $ 536 7 $ 1,360 $ 1,360 Advancement of maturity date — — — 3 694 694 Commercial Advancement of maturity date 1 855 855 1 855 855 Total $ 2 $ 1,391 $ 1,391 11 $ 2,909 $ 2,909

Other Real Estate Owned

Other Real Estate Owned	9 Months Ended
	Sep. 30, 2020
Other Real Estate [Abstract]
Other Real Estate Owned	Other Real Estate Owned OREO includes properties acquired by the Company through foreclosure and deed in lieu of foreclosure. The following table is a summary of OREO activity during the periods shown: Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 (In thousands) Balance at beginning of period $ 454 $ 454 $ 454 $ 483 Market value adjustments — — — (29) Balance at end of period $ 454 $ 454 $ 454 $ 454 For the three and nine months ended September 30, 2020, there were no OREO properties sold and no market value adjustments taken on the properties in OREO. For the three and nine months ended September 30, 2019, there were no OREO properties sold and $29,000 in market value adjustments on OREO properties. OREO at September 30, 2020, consisted of $454,000 in commercial real estate properties. At September 30, 2020, there was a $2.1 million multifamily loan and no one-to-four family residential loans for which formal foreclosure proceedings were in process.

Fair Value

Fair Value	9 Months Ended
	Sep. 30, 2020
Fair Value Disclosures [Abstract]
Fair Value	Fair Value 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 Company used the following methods to measure fair value on a recurring or nonrecurring basis: • 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. • Impaired loans: The fair value of impaired loans is measured using the present value of expected future cash flows discounted at the loan’s effective interest rate. When the sole source of repayment of the loan is the operation or liquidation of the collateral, the fair value is determined using the observable market price less certain completion costs and completion costs. • OREO: The fair value of OREO properties is measured at the lower of the carrying amount or fair value, less costs to sell. Fair values are generally based on third party appraisals of the property, resulting in a Level 3 classification. in cases where the carrying amount exceeds the fair value, less costs to sell, an impairment loss is recognized. • Derivatives: The fair value of derivatives is based on pricing models utilizing observable market data and discounted cash flow methodologies for which the determination of fair value may require significant management judgment or estimation. The tables below present the balances of assets and liabilities measured at fair value on a recurring basis (there were no transfers between Level 1, Level 2 and Level 3 recurring measurements) at September 30, 2020 and December 31, 2019: Fair Value Measurements at September 30, 2020 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) Assets: Investments available-for-sale: Mortgage-backed investments: Fannie Mae $ 13,535 $ — $ 13,535 $ — Freddie Mac 4,338 — 4,338 — Ginnie Mae 19,497 — 19,497 — Other 10,926 — 10,926 — Municipal bonds 14,825 — 14,825 — U.S. Government agencies 41,400 — 41,400 — Corporate bonds 21,499 — 21,499 — Total available-for-sale investments 126,020 — 126,020 — Liabilities: Derivative fair value liability 3,839 — 3,839 — Fair Value Measurements at December 31, 2019 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 $ 15,629 $ — $ 15,629 $ — Freddie Mac 4,292 — 4,292 — Ginnie Mae 23,050 — 23,050 — Other 11,448 — 11,448 — Municipal bonds 10,911 — 10,911 — U.S. Government agencies 45,750 — 45,750 — Corporate bonds 25,521 — 25,521 — Total available-for-sale investments 136,601 — 136,601 — Derivative fair value asset 426 — 426 — Total $ 137,027 $ — $ 137,027 $ — The estimated fair value of Level 2 investments is based on quoted prices for similar investments in active markets, identical or similar investments in markets that are not active and model-derived valuations whose inputs are observable. The tables below present the balances of assets measured at fair value on a nonrecurring basis at September 30, 2020, and December 31, 2019: Fair Value Measurements at September 30, 2020 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans receivable, net) (1) $ 21,703 $ — $ — $ 21,703 OREO 454 — — 454 Total $ 22,157 $ — $ — $ 22,157 _____________ (1) Total fair value of impaired loans is net of $12,000 of specific reserves on performing TDRs. Fair Value Measurements at December 31, 2019 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans receivable, net) (1) $ 19,939 $ — $ — $ 19,939 OREO 454 — — 454 Total $ 20,393 $ — $ — $ 20,393 _____________ (1) Total fair value of impaired loans is net of $31,000 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. The following tables present quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a nonrecurring basis at September 30, 2020 and December 31, 2019: September 30, 2020 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 21,703 Market approach Appraised value discounted by market or borrower conditions 0.0% - 8.0% (4.7%) OREO $ 454 Market approach Appraised value less selling costs 0.0% (0.0%) December 31, 2019 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 19,939 Market approach Appraised value discounted by market or borrower conditions 0.0% (0.0%) OREO $ 454 Market approach Appraised value less selling costs 0.0% (0.0%) The carrying amounts and estimated fair values of financial instruments were as follows at the dates indicated: September 30, 2020 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 $ 7,440 $ 7,440 $ 7,440 $ — $ — Interest-earning deposits with banks 18,674 18,674 18,674 — — Investments available-for-sale 126,020 126,020 — 126,020 — Investments held-to-maturity 2,406 2,406 — 2,406 — Loans receivable, net 1,133,984 1,136,078 — — 1,136,078 FHLB stock 6,410 6,410 — 6,410 — Accrued interest receivable 5,676 5,676 — 5,676 — Financial Liabilities: Deposits 641,036 641,036 641,036 — — Certificates of deposit, retail 418,646 428,871 — 428,871 — Certificates of deposit, brokered 10,000 10,006 — 10,006 — Advances from the FHLB 120,000 120,002 — 120,002 — Accrued interest payable 197 197 — 197 — Derivative fair value liability 3,839 3,839 — 3,839 — December 31, 2019 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 $ 10,094 $ 10,094 $ 10,094 $ — $ — Interest-earning deposits with banks 12,896 12,896 12,896 — — Investments available-for-sale 136,601 136,601 — 136,601 — Loans receivable, net 1,108,462 1,096,499 — — 1,096,499 FHLB stock 7,009 7,009 — 7,009 — Accrued interest receivable 4,138 4,138 — 4,138 — Derivative fair value asset 426 426 — 426 — Financial Liabilities: Deposits 513,959 513,959 513,959 — — Certificates of deposit, retail 425,103 430,418 — 430,418 — Certificates of deposit, brokered 94,472 94,556 — 94,556 — Advances from the FHLB 137,700 137,706 — 137,706 — Accrued interest payable 285 285 — 285 —

Leases

Leases	9 Months Ended
	Sep. 30, 2020
Leases [Abstract]
Leases	Leases The Company adopted ASU 2016-02 and ASU 2018-11 using the modified retrospective approach with an effective date of January 1, 2019, and recognized on the consolidated balance sheets a ROU included in prepaid expenses and other assets and lease liabilities included in other liabilities. At September 30, 2020, the Company had 13 operating leases for retail branch locations. The remaining lease terms range from six months to 5.4 years, with most leases carrying optional extensions of 3-5 years. The Company will include optional lease term extensions in the ROU and lease liabilities when management believes it is reasonably certain that the term extension will be exercised, and will be determined based on indicators that the Company would have an economic incentive to extend the lease. The Company has elected to not apply ASU 2016-02 to short term leases, which are those that have a term of one year or less. To calculate the present value of lease payments not yet paid, the Company uses the incremental borrowing rate, which is equal to the FHLB advance rate for the remaining term of the lease that was in place at January 1, 2019, or for leases added after that date, at the time of lease inception. The minimum monthly lease payments are generally based on square footage of the leased premises, with escalating minimum rent over the lease term. At September 30, 2020, the Company was committed to paying $67,000 per month in minimum monthly lease payments. The minimum monthly lease payment over the initial lease term, including any free rent period, was used to calculate the ROU and lease liability. The Company’s current leases do not include any non-lease components. Total lease expense included in the Company’s Consolidated Income Statements for the three and nine months ended September 30, 2020 was $226,000 and $669,000, respectively, and for the three and nine months ended September 30, 2019 was $170,000 and $514,000, respectively. Lease expense includes the amortized lease expense under ASU 2016-02 combined with variable lease expenses for maintenance or other expenses as defined in the individual lease agreements. At September 30, 2020, the ROU had a balance of $3.83 million and the lease liability had a balance of $3.94 million on the Company’s consolidated balance sheet and is amortizing over a weighted-average remaining term of 4.3 years. The weighted-average discount rate used to calculate the present value of future minimum lease payments was 2.13% at September 30, 2020. The following table provides a reconciliation between the undiscounted minimum lease payments at September 30, 2020 and the discounted lease liability at that date: September 30, 2020 (in thousands) Due through one year $ 719 Due after one year through two years 686 Due after two years through three years 615 Due after three years through four years 487 Due after four years through five years 394 Due after five years 1,361 Total minimum lease payments 4,262 Less: present value discount (320) Lease liability $ 3,942

Derivatives

Derivatives	9 Months Ended
	Sep. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments and Hedging Activities Disclosure [Text Block]	Derivatives The Company uses derivative financial instruments, in particular, interest rate swaps, which qualify as cash flow hedges, to manage the risk of changes in future cash flows due to interest rate fluctuations. At September 30, 2020, the Company held six interest rate swap agreements with initial terms of four seven Quarterly, the effectiveness evaluation is based upon the fluctuation of the interest the Company pays to the FHLB for the funding utilized in the interest rate swap as compared to the one-month or three-month LIBOR interest received from the counterparty. At September 30, 2020, the net fair value loss of the cash flow hedges of $3.8 million was reported with other liabilities. The tax effected amount of $3.0 million was included in Accumulated Other Comprehensive Loss. There were no amounts recorded in the Consolidated Income Statements for the quarters ended September 30, 2020 or 2019, related to ineffectiveness. Fair value for these derivative instruments, 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 these derivative instruments as of September 30, 2020 and December 31, 2019: Balance Sheet Location Fair Value at Fair Value at (In thousands) Interest rate swaps on FHLB debt (Other liabilities) $ (3,839) $ 426 The following table presents the net unrealized gains and losses, net of tax, from these derivative instruments included on the Consolidated Statements of Comprehensive Income at the dates indicated: Amount Recognized in OCI for the Amount Recognized in OCI for the Amount Recognized in OCI for the Amount Recognized in OCI for the (In thousands) Interest rate swaps on FHLB debt designated as a cash flow hedge $ 271 $ (187) $ (3,368) $ (1,145)

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2020
Share-based Payment Arrangement, Noncash Expense [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 September 30, 2020, there were no unvested shares of restricted stock awards under the 2008 Plan. At this date, there were 8,000 stock options granted under the 2008 Plan that are expected to vest and be available for exercise, and an additional 305,000 stock options from the 2008 Plan were vested and available for exercise at September 30, 2020, subject to the 2008 Plan provisions. At September 30, 2020, there were 1,172,268 total shares available for grant under the 2016 Plan, including 286,134 shares available to be granted as restricted stock. For the three months ended September 30, 2020 and 2019, total compensation expense for both the 2008 and 2016 Plans was $224,000 and $226,000, respectively, and the related income tax benefit was $47,000 and $48,000, respectively. For the nine months ended September 30, 2020 and 2019, total compensation expense for both the 2008 and 2016 Plans was $367,000 and $457,000, respectively, and the related income tax benefit was $77,000 and $96,000, 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 ten ten 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 and nine months ended September 30, 2020, follows: For the Three Months Ended September 30, 2020 Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term in Years Aggregate Intrinsic Value Weighted-Average Grant Date Fair Value Outstanding at July 1, 2020 313,000 $ 10.34 $ 133,750 $ 3.69 Outstanding at September 30, 2020 313,000 10.34 3.23 87,850 3.69 Vested and expected to vest assuming a 3% forfeiture rate over the vesting term 312,760 10.34 3.23 87,850 3.69 Exercisable at September 30, 2020 305,000 10.27 3.18 87,850 3.66 For the Nine Months Ended September 30, 2020 Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term in Years Aggregate Intrinsic Value Weighted-Average Grant Date Fair Value Outstanding at January 1, 2020 313,000 $ 10.34 $ 1,440,310 $ 3.69 Outstanding at September 30, 2020 313,000 10.34 3.23 87,850 3.69 Vested and expected to vest assuming a 3% forfeiture rate over the vesting term 312,760 10.34 3.23 87,850 3.69 Exercisable at September 30, 2020 305,000 10.27 3.18 87,850 3.66 As of September 30, 2020, there was $4,800 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 two months weighted-average vesting period. There were no stock options granted during the nine months ended September 30, 2020. Restricted Stock Awards The 2016 Plan authorizes the grant of restricted stock awards subject to vesting periods or terms as defined by the award committee and specified in the award agreement. Restricted stock awards granted in lieu of cash payments for directors’ fees are subject to immediate vesting on the grant date unless the award agreement provides otherwise. A summary of changes in nonvested restricted stock awards for the three and nine months ended September 30, 2020, follows: For the Three Months Ended September 30, 2020 Shares Weighted-Average Nonvested at July 1, 2020 16,228 $ 13.61 Granted 17,695 9.12 Vested (17,695) 9.12 Forfeited — — Nonvested at September 30, 2020 16,228 13.61 Expected to vest assuming a 3% forfeiture rate over the vesting term 15,741 13.61 For the Nine Months Ended September 30, 2020 Shares Weighted-Average Nonvested at January 1, 2020 16,698 $ 16.53 Granted 33,923 13.61 Vested (34,393) 16.53 Forfeited — — Nonvested at September 30, 2020 16,228 13.61 Expected to vest assuming a 3% forfeiture rate over the vesting term 15,741 13.61

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2020
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. Certain of the Company’s nonvested restricted stock awards qualify as participating securities. Net income is allocated between the common stock and participating securities pursuant to the two-class method, based on their rights to receive dividends, participate in earnings, or absorb losses. Basic earnings per common shares is computed by dividing net earnings available to common shareholders by the weighted-average number of common shares outstanding during the period, excluding participating nonvested restricted shares. The following table presents a reconciliation of the components used to compute basic and diluted earnings per share for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 (Dollars in thousands, except share data) Net income $ 2,082 $ 2,505 $ 5,910 $ 7,754 Less: Earnings allocated to participating securities (3) (4) (9) (12) Earnings allocated to common shareholders $ 2,079 $ 2,501 $ 5,901 $ 7,742 Basic weighted average common shares outstanding 9,661,498 9,901,586 9,788,397 9,989,970 Dilutive stock options 10,988 83,423 20,755 95,985 Dilutive restricted stock grants 3,081 6,002 2,450 5,676 Diluted weighted average common shares outstanding 9,675,567 9,991,011 9,811,602 10,091,631 Basic earnings per share $ 0.22 $ 0.25 $ 0.60 $ 0.77 Diluted earnings per share $ 0.21 $ 0.25 $ 0.60 $ 0.77

Revenue Recognition

Revenue Recognition	9 Months Ended
	Sep. 30, 2020
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 within 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 and nine months ended September 30, 2020 and 2019: Three Months Ended Nine Months Ended September 30, 2020 September 30, 2019 September 30, 2020 September 30, 2019 (In thousands) Gain on sale of investments (1) $ 18 $ 88 $ 86 $ 80 BOLI change in cash surrender value (1) 269 235 778 693 Wealth management revenue 145 245 493 702 Deposit related fees 76 61 222 218 Debit card and ATM fees 125 118 338 337 Loan related fees 376 99 846 265 Loan interest swap fees — 191 19 297 Other 2 2 7 26 Total noninterest income $ 1,011 $ 1,039 $ 2,789 $ 2,618 _______________ (1) Not within scope of Topic 606 For the three and nine months ended September 30, 2020 and 2019, substantially all of the Company’s revenues under the scope of Topic 606 are for performance obligations satisfied at a specified date. Revenues recognized within 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

Subsequent Events

Subsequent Events	9 Months Ended
	Sep. 30, 2020
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On November 3, 2020, the Company repurchased 124,179 shares of common stock at $10.15 per share, under the current stock repurchase plan that expires on December 30, 2020. This block purchase brought the total shares repurchased under this plan to 279,228 at an average price of $9.81 per share. On October 21, 2020, the Company received notification that the lead bank on one of its participation loans, with a balance of $6.4 million at September 30, 2020, is likely to be downgraded by the lead bank. This interest-only loan was current on its payments at September 30, 2020. The impact to the Bank from this downgrade is anticipated to result in an additional $200,000 loan loss provision for the quarter and year ending December 31, 2020.

Recently Issued Accounting Pr_2

Recently Issued Accounting Pronouncements (Policies)	9 Months Ended
	Sep. 30, 2020
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recently Issued Accounting Pronouncements	Recent Accounting Pronouncements Adopted in 2020 In August 2018, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2018-13, Fair Value Measurement (Topic 820) - Disclosure Framework - Changes to the Disclosure Requirements for Fair Value Measurement. The amendments in this ASU remove certain disclosure requirements regarding transfers between Level 1 and Level 2 of the fair value hierarchy and changes in unrealized gains and losses for recurring Level 3 fair value measurements. In addition, the amendments modified and added certain disclosure requirements for Level 3 fair value measurements. The Company adopted this ASU as of January 1, 2020, with no material impact on the Company’s consolidated financial statements. In March 2020, the FASB issued ASU No. 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of reference Rate Reform on Financial Reporting. This ASU applies to contracts, hedging relationships and other transactions that reference the London Inter-bank Offered Rate (“LIBOR”) or other rate references expected to be discontinued because of reference rate reform. The ASU permits an entity to make necessary modifications to eligible contracts or transactions without requiring contract remeasurement or reassessment of a previous accounting determination. For a cash flow hedge, a change in the method used to assess hedge effectiveness will not result in de-designation of the hedging relationship if certain criteria are met. The Company is party to cash flow hedge arrangements where the hedge effectiveness is based on LIBOR. The Company adopted this ASU as of September 30, 2020, with no material impact on its consolidated financial statements. Recent Accounting Pronouncements ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326) as amended by ASU 2018-19, ASU 2019-04 and ASU 2019-05, was originally issued in June 2016 . 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. This ASU is effective for smaller reporting companies, such as the Company, for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years, with early adoption permitted. The Company is evaluating its current expected loss methodology on the 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 the ALLL or investment portfolio that is identified in this process will be reflected as a one-time adjustment in equity rather than earnings. ASU 2019-05 issued in April 2019 further provides that entities that have certain financial instruments measured at amortized cost that has credit losses, to irrevocably elect the fair value option in Subtopic 825-10, upon adoption of Topic 326. The fair value option applies to available-for-sale debt securities. This ASU is effective upon adoption of ASU 2016-13, and should be applied on a modified-retrospective basis as a cumulative-effect adjustment to the opening balance of retained earnings in the statement of financial condition as of the adoption date. The Company is in the process of compiling historical and industry data that will be used to calculate expected credit losses on the loan portfolio to ensure that it is fully compliant with the ASU at the adoption date and is evaluating the potential impact adoption of this ASU will have on its consolidated financial statements. The Company intends to adopt ASU 2016-13 in the first quarter of 2023, and as a result, the ALLL may increase. Until the evaluation is complete, however, the magnitude of the increase will not be known. In April 2019, FASB issued ASU 2019-05, Financial Instruments--Credit Losses (Topic 326), Targeted Transition Relief. The amendments in this ASU provide entities that have certain financial instruments measured at amortized cost that have credit losses, to irrevocably elect the fair value option in Subtopic 825-10, upon adoption of Topic 326. The fair value option applies to available-for-sale debt securities. This ASU is effective when ASU 2016-13 is adopted, and will be applied on a modified-retrospective basis as a cumulative-effect adjustment to the opening balance of retained earnings in the statement of financial condition as of the adoption date. Adoption of ASU 2019-05 is not expected to have a material impact on the Company’s consolidated financial statements. In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes (ASU 2019-12). This ASU simplifies the accounting for income taxes by removing (i) the exception to the incremental approach for intra-period tax allocation when there is a loss from continuing operations and income or a gain from other items; (ii) the requirement to recognize a deferred tax liability for equity method investments when a foreign subsidiary becomes an equity method investment, and (iii) the general methodology for calculating income taxes in an interim period when a year-to-date loss exceeds the anticipated loss for the year. This ASU is effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2020. The Company does not expect the adoption of ASU 2019-12 to have a material impact on its consolidated financial statements.

Investments (Tables)

Investments (Tables)	9 Months Ended
	Sep. 30, 2020
Investments [Abstract]
Available-for-sale Securities	Investments available-for-sale are summarized as follows at the dates indicated: September 30, 2020 Amortized Gross Gross Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 13,015 $ 531 $ (11) $ 13,535 Freddie Mac 4,134 204 — 4,338 Ginnie Mae 18,840 661 (4) 19,497 Other 10,942 93 (109) 10,926 Municipal bonds 14,100 725 — 14,825 U.S. Government agencies 42,236 63 (899) 41,400 Corporate bonds 21,501 214 (216) 21,499 Total $ 124,768 $ 2,491 $ (1,239) $ 126,020 December 31, 2019 Amortized Gross Gross Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 15,605 $ 128 $ (104) $ 15,629 Freddie Mac 4,196 96 — 4,292 Ginnie Mae 23,239 140 (329) 23,050 Other 11,407 66 (25) 11,448 Municipal bonds 10,675 272 (36) 10,911 U.S. Government agencies 46,672 13 (935) 45,750 Corporate bonds 25,500 372 (351) 25,521 Total $ 137,294 $ 1,087 $ (1,780) $ 136,601
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: September 30, 2020 Less Than 12 Months 12 Months or Longer Total Fair Value Gross Unrealized Fair Value Gross Unrealized Fair Value Gross Unrealized (In thousands) Mortgage-backed investments: Fannie Mae $ — $ — $ 1,391 $ (11) $ 1,391 $ (11) Freddie Mac — — — — — — Ginnie Mae 1,370 (4) — — 1,370 (4) Other — — 5,897 (109) 5,897 (109) Municipal bonds — — — — — — U.S. Government agencies 2,701 (34) 33,214 (865) 35,915 (899) Corporate bonds 3,482 (25) 3,808 (191) 7,290 (216) Total $ 7,553 $ (63) $ 44,310 $ (1,176) $ 51,863 $ (1,239) December 31, 2019 Less Than 12 Months 12 Months or Longer Total Fair Value Gross Unrealized Fair Value Gross Unrealized Fair Value Gross Unrealized (In thousands) Mortgage-backed investments: Fannie Mae $ 8,340 $ (104) $ — $ — $ 8,340 $ (104) Freddie Mac — — — — — — Ginnie Mae 156 — 12,921 (329) 13,077 (329) Other 2,843 (7) 6,000 (18) 8,843 (25) Municipal bonds 3,257 (36) — — 3,257 (36) U.S. Government agencies 12,266 (201) 31,490 (734) 43,756 (935) Corporate bonds 1,996 (12) 7,161 (339) 9,157 (351) Total $ 28,858 $ (360) $ 57,572 $ (1,420) $ 86,430 $ (1,780)
Schedule of Available for sale Securities, Debt Maturities	September 30, 2020 Amortized Cost Fair Value (In thousands) Due within one year $ — $ — Due after one year through five years 8,993 8,947 Due after five years through ten years 15,227 15,318 Due after ten years 53,617 53,459 77,837 77,724 Mortgage-backed investments 46,931 48,296 Total $ 124,768 $ 126,020

Loans Receivable (Tables)

Loans Receivable (Tables)	9 Months Ended
	Sep. 30, 2020
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	Loans receivable are disclosed net of loans in process (“LIP”) and are summarized as follows at the dates indicated: September 30, 2020 December 31, 2019 (In thousands) One-to-four family residential: Permanent owner occupied $ 214,250 $ 210,898 Permanent non-owner occupied 177,621 161,630 391,871 372,528 Multifamily 142,619 172,915 Commercial real estate 389,768 395,152 Construction/land: One-to-four family residential 45,231 44,491 Multifamily 47,547 40,954 Commercial 5,475 19,550 Land 1,345 8,670 99,598 113,665 Business 85,780 37,779 Consumer 40,845 30,199 Total loans 1,150,481 1,122,238 Less: Deferred loan fees, net 1,929 558 ALLL 14,568 13,218 Loans receivable, net $ 1,133,984 $ 1,108,462 At September 30, 2020, loans totaling $521.3 million were pledged to secure borrowings from the FHLB compared to $506.7 million at December 31, 2019. In addition, loans totaling $139.3 million and $130.3 million were pledged to the Federal Reserve Bank of San Francisco to secure a line of credit at September 30, 2020 and December 31, 2019, respectively. Credit Quality Indicators . The Company assigns a risk rating to all credit exposures based on a risk rating system designed to define the basic characteristics and identified risk elements of each credit extension. The Company utilizes a nine point risk rating system. A description of the general characteristics of the risk grades is as follows: • Grades 1 through 5: These grades are considered to be “pass” credits. These include assets where there is limited credit risk, such as cash secured loans with funds on deposit with the Bank. Pass credits also include credits that are on the Company’s watch list, where the borrower exhibits potential weaknesses, which may, if not checked or corrected, negatively affect the borrower’s financial capacity and threaten their ability to fulfill debt obligations in the future. • Grade 6: These credits, classified as “special mention”, 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. If left uncorrected, these potential weaknesses may result in deterioration in the Company’s credit position at a future date. • Grade 7: These credits, classified as “substandard”, present a distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. These credits have well defined weaknesses which jeopardize the orderly liquidation of the debt and are inadequately protected by the current net worth and payment capacity of the borrower or of any collateral pledged. • Grade 8: These credits are classified as “doubtful” and possess well defined weaknesses which make the full collection or liquidation of the loan highly questionable and improbable. This classification is used where significant risk exposures are perceived but the exact amount of the loss cannot yet be determined due to pending events. • Grade 9: Assets classified as “loss” are considered uncollectible and cannot be justified as a viable asset for the Company. There is little or no prospect of near term recovery and no realistic strengthening action of significance is pending. As of September 30, 2020, and December 31, 2019, the Company had no loans rated as doubtful or loss. The following tables represent a summary of loans at September 30, 2020, and December 31, 2019 by type and risk category: September 30, 2020 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Risk Rating: Pass $ 390,737 $ 140,515 $ 373,731 $ 99,598 $ 85,780 $ 40,845 $ 1,131,206 Special mention 605 — 16,037 — — — 16,642 Substandard 529 2,104 — — — — 2,633 Total loans $ 391,871 $ 142,619 $ 389,768 $ 99,598 $ 85,780 $ 40,845 $ 1,150,481 December 31, 2019 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Risk Rating: Pass $ 371,363 $ 170,810 $ 394,627 $ 101,141 $ 37,779 $ 30,199 $ 1,105,919 Special mention 536 2,105 525 12,524 — — 15,690 Substandard 629 — — — — — 629 Total loans $ 372,528 $ 172,915 $ 395,152 $ 113,665 $ 37,779 $ 30,199 $ 1,122,238
Schedule of Allowance for Loan and Lease Losses, Roll Forward	The following tables summarize changes in the ALLL and loan portfolio by loan type and impairment method at the dates and for the periods shown: At or For the Three Months Ended September 30, 2020 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,134 $ 1,559 $ 4,849 $ 2,257 $ 1,065 $ 972 $ 13,836 Recoveries 2 — 30 — — — 32 Provision (Recapture) 89 (165) 622 108 (21) 67 700 Ending balance $ 3,225 $ 1,394 $ 5,501 $ 2,365 $ 1,044 $ 1,039 $ 14,568 At or For the Nine Months Ended September 30, 2020 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,034 $ 1,607 $ 4,559 $ 2,222 $ 1,140 $ 656 $ 13,218 Recoveries 20 — 30 — — — 50 Provision (Recapture) 171 (213) 912 143 (96) 383 1,300 Ending balance $ 3,225 $ 1,394 $ 5,501 $ 2,365 $ 1,044 $ 1,039 $ 14,568 ALLL by category: General reserve $ 3,213 $ 1,394 $ 5,501 $ 2,365 $ 1,044 $ 1,039 $ 14,556 Specific reserve 12 — — — — — 12 Loans: Total loans $ 391,871 $ 142,619 $ 389,768 $ 99,598 $ 85,780 $ 40,845 $ 1,150,481 Loans collectively evaluated for impairment (1) 389,033 140,515 372,995 99,598 85,780 40,845 1,128,766 Loans individually evaluated for impairment (2) 2,838 2,104 16,773 — — — 21,715 ____________ (1) Loans collectively evaluated for general reserves. (2) Loans individually evaluated for specific reserves. At or For the Three Months Ended September 30, 2019 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,085 $ 1,643 $ 4,607 $ 2,271 $ 1,120 $ 331 $ 13,057 Recoveries 3 — — — — 1 4 Provision (recapture) (56) 91 (122) (73) 37 223 100 Ending balance $ 3,032 $ 1,734 $ 4,485 $ 2,198 $ 1,157 $ 555 $ 13,161 At or For the Nine Months Ended September 30, 2019 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,387 $ 1,680 $ 4,777 $ 2,331 $ 936 $ 236 $ 13,347 Recoveries 31 45 — — — 38 114 (Recapture) provision (386) 9 (292) (133) 221 281 (300) Ending balance $ 3,032 $ 1,734 $ 4,485 $ 2,198 $ 1,157 $ 555 $ 13,161 ALLL by category: General reserve $ 3,001 $ 1,734 $ 4,485 $ 2,198 $ 1,157 $ 555 $ 13,130 Specific reserve 31 — — — — — 31 Loans: Total loans $ 370,386 $ 171,152 $ 381,890 $ 109,915 $ 37,507 $ 26,451 $ 1,097,301 Loans collectively evaluated for impairment (1) 365,813 171,152 379,764 98,306 37,507 26,412 1,078,954 Loans individually evaluated for impairment (2) 4,573 — 2,126 11,609 — 39 18,347 _____________ (1) Loans collectively evaluated for general reserves. (2) Loans individually evaluated for specific reserves.
Financing Receivables, Aging of loans	The following tables represent a summary of the aging of loans by type at the dates indicated: Loans Past Due as of September 30, 2020 30-59 Days 60-89 Days 90 Days and Total Past Current Total (1) (In thousands) Real estate: One-to-four family residential: Owner occupied $ — $ — $ — $ — $ 214,250 $ 214,250 Non-owner occupied — — — — 177,621 177,621 Multifamily — — 2,104 2,104 140,515 142,619 Commercial real estate — — — — 389,768 389,768 Construction/land — — — — 99,598 99,598 Total real estate — — 2,104 2,104 1,021,752 1,023,856 Business — — — — 85,780 85,780 Consumer 32 — — 32 40,813 40,845 Total loans $ 32 $ — $ 2,104 $ 2,136 $ 1,148,345 $ 1,150,481 ________________ (1) There were no loans 90 days and greater past due and still accruing interest at September 30, 2020. Loans Past Due as of December 31, 2019 30-59 Days 60-89 Days 90 Days and Total Past Current Total (1) (In thousands) Real estate: One-to-four family residential: Owner occupied $ 79 $ — $ — $ 79 $ 210,819 $ 210,898 Non-owner occupied — — — — 161,630 161,630 Multifamily 2,105 — — 2,105 170,810 172,915 Commercial real estate — — — — 395,152 395,152 Construction/land — — — — 113,665 113,665 Total real estate 2,184 — — 2,184 1,052,076 1,054,260 Business — — — — 37,779 37,779 Consumer — — — — 30,199 30,199 Total loans $ 2,184 $ — $ — $ 2,184 $ 1,120,054 $ 1,122,238 _________________ (1) There were no loans 90 days and greater past due and still accruing interest at December 31, 2019.
Schedule of non-accrual loans	The following table is a summary of nonaccrual loans by loan type at the dates indicated: September 30, 2020 December 31, 2019 (In thousands) One-to-four family residential $ — $ 95 Multifamily 2,104 — Total nonaccrual loans $ 2,104 $ 95
Financing Receivables, Summary of loans by type and payment activity	The following tables summarize the loan portfolio by type and payment status at the dates indicated: September 30, 2020 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Performing (1) $ 391,871 $ 140,515 $ 389,768 $ 99,598 $ 85,780 $ 40,845 $ 1,148,377 Nonperforming — 2,104 — — — — 2,104 Total loans $ 391,871 $ 142,619 $ 389,768 $ 99,598 $ 85,780 $ 40,845 $ 1,150,481 _____________ (1) There were $214.3 million of owner-occupied one-to-four family residential loans and $177.6 million of non-owner occupied one-to-four family residential loans classified as performing. December 31, 2019 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Performing (1) $ 372,433 $ 172,915 $ 395,152 $ 113,665 $ 37,779 $ 30,199 $ 1,122,143 Nonperforming (2) 95 — — — — — 95 Total loans $ 372,528 $ 172,915 $ 395,152 $ 113,665 $ 37,779 $ 30,199 $ 1,122,238 _____________ (1) There were $210.8 million of owner-occupied one-to-four family residential loans and $161.6 million of non-owner occupied one-to-four family residential loans classified as performing.
Schedule Of Impaired Financing Receivables	The following tables present a summary of loans individually evaluated for impairment by loan type at the dates indicated: September 30, 2020 Recorded Investment (1) Unpaid Principal Balance (2) Related Allowance (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 336 $ 434 $ — Non-owner occupied 1,039 1,039 — Multifamily 2,104 2,104 — Commercial real estate 16,773 16,773 — Total 20,252 20,350 — Loans with an allowance: One-to-four family residential: Owner occupied 502 549 7 Non-owner occupied 961 961 5 Total 1,463 1,510 12 Total impaired loans: One-to-four family residential: Owner occupied 838 983 7 Non-owner occupied 2,000 2,000 5 Multifamily 2,104 2,104 — Commercial real estate 16,773 16,773 — Total $ 21,715 $ 21,860 $ 12 _________________ (1) Represents the loan balance less charge-offs. (2) Contractual loan principal balance. December 31, 2019 Recorded Investment (1) Unpaid Principal Balance (2) Related Allowance (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 437 $ 582 $ — Non-owner occupied 1,486 1,486 — Multifamily 2,105 2,105 — Commercial real estate 1,266 1,266 — Construction/land 12,524 15,650 — Total 17,818 21,089 — Loans with an allowance: One-to-four family residential: Owner occupied 505 552 13 Non-owner occupied 1,647 1,647 18 Total 2,152 2,199 31 Total impaired loans: One-to-four family residential: Owner occupied 942 1,134 13 Non-owner occupied 3,133 3,133 18 Multifamily 2,105 2,105 — Commercial real estate 1,266 1,266 — Construction/land 12,524 15,650 — Total $ 19,970 $ 23,288 $ 31 _________________ (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 and nine months ended September 30, 2020 and 2019: Three Months Ended September 30, 2020 Nine Months Ended September 30, 2020 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 $ 381 $ 2 $ 407 $ 15 Non-owner occupied 1,115 17 1,251 52 Multifamily 2,104 47 2,104 139 Commercial real estate 16,823 144 9,042 519 Construction/land — — 7,044 — Total 20,423 210 19,848 725 Loans with an allowance: One-to-four family residential: Owner occupied 502 7 503 23 Non-owner occupied 964 15 1,303 45 Total 1,466 22 1,806 68 Total impaired loans: One-to-four family residential: Owner occupied 883 9 910 38 Non-owner occupied 2,079 32 2,554 97 Multifamily 2,104 47 2,104 139 Commercial real estate 16,823 144 9,042 519 Construction/land — — 7,044 — Total $ 21,889 $ 232 $ 21,654 $ 793
Troubled Debt Restructurings on Financing Receivables	The following table presents TDR modifications for the three and nine months ended September 30, 2019, and their recorded investment prior to and after the modification: Three Months Ended September 30, 2019 Nine Months Ended September 30, 2019 Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment (Dollars in thousands) One-to-four family residential Principal and interest with interest rate concession and advancement of maturity date 1 $ 536 $ 536 7 $ 1,360 $ 1,360 Advancement of maturity date — — — 3 694 694 Commercial Advancement of maturity date 1 855 855 1 855 855 Total $ 2 $ 1,391 $ 1,391 11 $ 2,909 $ 2,909
Financing Receivables, Summary of loans by type and risk category	September 30, 2020 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Risk Rating: Pass $ 390,737 $ 140,515 $ 373,731 $ 99,598 $ 85,780 $ 40,845 $ 1,131,206 Special mention 605 — 16,037 — — — 16,642 Substandard 529 2,104 — — — — 2,633 Total loans $ 391,871 $ 142,619 $ 389,768 $ 99,598 $ 85,780 $ 40,845 $ 1,150,481 December 31, 2019 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Risk Rating: Pass $ 371,363 $ 170,810 $ 394,627 $ 101,141 $ 37,779 $ 30,199 $ 1,105,919 Special mention 536 2,105 525 12,524 — — 15,690 Substandard 629 — — — — — 629 Total loans $ 372,528 $ 172,915 $ 395,152 $ 113,665 $ 37,779 $ 30,199 $ 1,122,238

Other Real Estate Owned (Tables

Other Real Estate Owned (Tables)	9 Months Ended
	Sep. 30, 2020
Other Real Estate [Abstract]
Other Real Estate, Roll Forward	The following table is a summary of OREO activity during the periods shown: Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 (In thousands) Balance at beginning of period $ 454 $ 454 $ 454 $ 483 Market value adjustments — — — (29) Balance at end of period $ 454 $ 454 $ 454 $ 454

Fair Value (Tables)

Fair Value (Tables)	9 Months Ended
	Sep. 30, 2020
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The tables below present the balances of assets and liabilities measured at fair value on a recurring basis (there were no transfers between Level 1, Level 2 and Level 3 recurring measurements) at September 30, 2020 and December 31, 2019: Fair Value Measurements at September 30, 2020 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) Assets: Investments available-for-sale: Mortgage-backed investments: Fannie Mae $ 13,535 $ — $ 13,535 $ — Freddie Mac 4,338 — 4,338 — Ginnie Mae 19,497 — 19,497 — Other 10,926 — 10,926 — Municipal bonds 14,825 — 14,825 — U.S. Government agencies 41,400 — 41,400 — Corporate bonds 21,499 — 21,499 — Total available-for-sale investments 126,020 — 126,020 — Liabilities: Derivative fair value liability 3,839 — 3,839 — Fair Value Measurements at December 31, 2019 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 $ 15,629 $ — $ 15,629 $ — Freddie Mac 4,292 — 4,292 — Ginnie Mae 23,050 — 23,050 — Other 11,448 — 11,448 — Municipal bonds 10,911 — 10,911 — U.S. Government agencies 45,750 — 45,750 — Corporate bonds 25,521 — 25,521 — Total available-for-sale investments 136,601 — 136,601 — Derivative fair value asset 426 — 426 — Total $ 137,027 $ — $ 137,027 $ —
Schedule of balances of assets and liabilities, measured at fair value on a non-recurring basis	The tables below present the balances of assets measured at fair value on a nonrecurring basis at September 30, 2020, and December 31, 2019: Fair Value Measurements at September 30, 2020 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans receivable, net) (1) $ 21,703 $ — $ — $ 21,703 OREO 454 — — 454 Total $ 22,157 $ — $ — $ 22,157 _____________ (1) Total fair value of impaired loans is net of $12,000 of specific reserves on performing TDRs. Fair Value Measurements at December 31, 2019 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans receivable, net) (1) $ 19,939 $ — $ — $ 19,939 OREO 454 — — 454 Total $ 20,393 $ — $ — $ 20,393 _____________ (1) Total fair value of impaired loans is net of $31,000 of specific reserves on performing TDRs.
Schedule of quantitative information about Level 3 Fair Value Measurements on a nonrecurring basis	The following tables present quantitative information about Level 3 fair value measurements for financial instruments measured at fair value on a nonrecurring basis at September 30, 2020 and December 31, 2019: September 30, 2020 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 21,703 Market approach Appraised value discounted by market or borrower conditions 0.0% - 8.0% (4.7%) OREO $ 454 Market approach Appraised value less selling costs 0.0% (0.0%) December 31, 2019 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 19,939 Market approach Appraised value discounted by market or borrower conditions 0.0% (0.0%) OREO $ 454 Market approach Appraised value less selling costs 0.0% (0.0%)
Fair Value, by Balance Sheet Grouping	The carrying amounts and estimated fair values of financial instruments were as follows at the dates indicated: September 30, 2020 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 $ 7,440 $ 7,440 $ 7,440 $ — $ — Interest-earning deposits with banks 18,674 18,674 18,674 — — Investments available-for-sale 126,020 126,020 — 126,020 — Investments held-to-maturity 2,406 2,406 — 2,406 — Loans receivable, net 1,133,984 1,136,078 — — 1,136,078 FHLB stock 6,410 6,410 — 6,410 — Accrued interest receivable 5,676 5,676 — 5,676 — Financial Liabilities: Deposits 641,036 641,036 641,036 — — Certificates of deposit, retail 418,646 428,871 — 428,871 — Certificates of deposit, brokered 10,000 10,006 — 10,006 — Advances from the FHLB 120,000 120,002 — 120,002 — Accrued interest payable 197 197 — 197 — Derivative fair value liability 3,839 3,839 — 3,839 — December 31, 2019 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 $ 10,094 $ 10,094 $ 10,094 $ — $ — Interest-earning deposits with banks 12,896 12,896 12,896 — — Investments available-for-sale 136,601 136,601 — 136,601 — Loans receivable, net 1,108,462 1,096,499 — — 1,096,499 FHLB stock 7,009 7,009 — 7,009 — Accrued interest receivable 4,138 4,138 — 4,138 — Derivative fair value asset 426 426 — 426 — Financial Liabilities: Deposits 513,959 513,959 513,959 — — Certificates of deposit, retail 425,103 430,418 — 430,418 — Certificates of deposit, brokered 94,472 94,556 — 94,556 — Advances from the FHLB 137,700 137,706 — 137,706 — Accrued interest payable 285 285 — 285 —

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2020
Leases [Abstract]
Lessor, Operating Lease, Payments to be Received, Maturity	The following table provides a reconciliation between the undiscounted minimum lease payments at September 30, 2020 and the discounted lease liability at that date: September 30, 2020 (in thousands) Due through one year $ 719 Due after one year through two years 686 Due after two years through three years 615 Due after three years through four years 487 Due after four years through five years 394 Due after five years 1,361 Total minimum lease payments 4,262 Less: present value discount (320) Lease liability $ 3,942

Derivatives (Tables)

Derivatives (Tables)	9 Months Ended
	Sep. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The following table presents the fair value of these derivative instruments as of September 30, 2020 and December 31, 2019: Balance Sheet Location Fair Value at Fair Value at (In thousands) Interest rate swaps on FHLB debt (Other liabilities) $ (3,839) $ 426
Derivative Instruments, Gain (Loss)	The following table presents the net unrealized gains and losses, net of tax, from these derivative instruments included on the Consolidated Statements of Comprehensive Income at the dates indicated: Amount Recognized in OCI for the Amount Recognized in OCI for the Amount Recognized in OCI for the Amount Recognized in OCI for the (In thousands) Interest rate swaps on FHLB debt designated as a cash flow hedge $ 271 $ (187) $ (3,368) $ (1,145)

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2020
Share-based Payment Arrangement, Noncash Expense [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 and nine months ended September 30, 2020, follows: For the Three Months Ended September 30, 2020 Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term in Years Aggregate Intrinsic Value Weighted-Average Grant Date Fair Value Outstanding at July 1, 2020 313,000 $ 10.34 $ 133,750 $ 3.69 Outstanding at September 30, 2020 313,000 10.34 3.23 87,850 3.69 Vested and expected to vest assuming a 3% forfeiture rate over the vesting term 312,760 10.34 3.23 87,850 3.69 Exercisable at September 30, 2020 305,000 10.27 3.18 87,850 3.66 For the Nine Months Ended September 30, 2020 Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term in Years Aggregate Intrinsic Value Weighted-Average Grant Date Fair Value Outstanding at January 1, 2020 313,000 $ 10.34 $ 1,440,310 $ 3.69 Outstanding at September 30, 2020 313,000 10.34 3.23 87,850 3.69 Vested and expected to vest assuming a 3% forfeiture rate over the vesting term 312,760 10.34 3.23 87,850 3.69 Exercisable at September 30, 2020 305,000 10.27 3.18 87,850 3.66 A summary of changes in nonvested restricted stock awards for the three and nine months ended September 30, 2020, follows: For the Three Months Ended September 30, 2020 Shares Weighted-Average Nonvested at July 1, 2020 16,228 $ 13.61 Granted 17,695 9.12 Vested (17,695) 9.12 Forfeited — — Nonvested at September 30, 2020 16,228 13.61 Expected to vest assuming a 3% forfeiture rate over the vesting term 15,741 13.61 For the Nine Months Ended September 30, 2020 Shares Weighted-Average Nonvested at January 1, 2020 16,698 $ 16.53 Granted 33,923 13.61 Vested (34,393) 16.53 Forfeited — — Nonvested at September 30, 2020 16,228 13.61 Expected to vest assuming a 3% forfeiture rate over the vesting term 15,741 13.61

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2020
Earnings Per Share [Abstract]
Schedule of Earnings Per Share Reconciliation	The following table presents a reconciliation of the components used to compute basic and diluted earnings per share for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, 2020 2019 2020 2019 (Dollars in thousands, except share data) Net income $ 2,082 $ 2,505 $ 5,910 $ 7,754 Less: Earnings allocated to participating securities (3) (4) (9) (12) Earnings allocated to common shareholders $ 2,079 $ 2,501 $ 5,901 $ 7,742 Basic weighted average common shares outstanding 9,661,498 9,901,586 9,788,397 9,989,970 Dilutive stock options 10,988 83,423 20,755 95,985 Dilutive restricted stock grants 3,081 6,002 2,450 5,676 Diluted weighted average common shares outstanding 9,675,567 9,991,011 9,811,602 10,091,631 Basic earnings per share $ 0.22 $ 0.25 $ 0.60 $ 0.77 Diluted earnings per share $ 0.21 $ 0.25 $ 0.60 $ 0.77

Revenue Recognition (Tables)

Revenue Recognition (Tables)	9 Months Ended
	Sep. 30, 2020
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 and nine months ended September 30, 2020 and 2019: Three Months Ended Nine Months Ended September 30, 2020 September 30, 2019 September 30, 2020 September 30, 2019 (In thousands) Gain on sale of investments (1) $ 18 $ 88 $ 86 $ 80 BOLI change in cash surrender value (1) 269 235 778 693 Wealth management revenue 145 245 493 702 Deposit related fees 76 61 222 218 Debit card and ATM fees 125 118 338 337 Loan related fees 376 99 846 265 Loan interest swap fees — 191 19 297 Other 2 2 7 26 Total noninterest income $ 1,011 $ 1,039 $ 2,789 $ 2,618 _______________

Investments_ Available-for-sale

Investments: Available-for-sale Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 124,768	$ 137,294
Gross Unrealized Gains	2,491	1,087
Gross Unrealized Losses	(1,239)	(1,780)
Fair Value	126,020	136,601
Mortgage-backed investments, Fannie Mae
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	13,015	15,605
Gross Unrealized Gains	531	128
Gross Unrealized Losses	(11)	(104)
Fair Value	13,535	15,629
Mortgage-backed investments, Freddie Mac
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	4,134	4,196
Gross Unrealized Gains	204	96
Gross Unrealized Losses	0	0
Fair Value	4,338	4,292
Mortgage backed investments Ginnie Mae
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	18,840	23,239
Gross Unrealized Gains	661	140
Gross Unrealized Losses	(4)	(329)
Fair Value	19,497	23,050
Other
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	10,942	11,407
Gross Unrealized Gains	93	66
Gross Unrealized Losses	(109)	(25)
Fair Value	10,926	11,448
Municipal Bonds
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	14,100	10,675
Gross Unrealized Gains	725	272
Gross Unrealized Losses	0	(36)
Fair Value	14,825	10,911
US Government agencies
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	42,236	46,672
Gross Unrealized Gains	63	13
Gross Unrealized Losses	(899)	(935)
Fair Value	41,400	45,750
Corporate Bonds
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	21,501	25,500
Gross Unrealized Gains	214	372
Gross Unrealized Losses	(216)	(351)
Fair Value	$ 21,499	$ 25,521

Investments_ Schedule of Availa

Investments: Schedule of Available for sale Securities in Continuous Unrealized Loss positions (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Debt Securities, Available-for-sale [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	$ 1,239	$ 1,780
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	7,553	28,858
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	63	360
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	44,310	57,572
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	1,176	1,420
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	51,863	86,430
Mortgage-backed investments, Fannie Mae
Debt Securities, Available-for-sale [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	11	104
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	0	8,340
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	0	104
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	1,391	0
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	11	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	1,391	8,340
Mortgage-backed investments, Freddie Mac
Debt Securities, Available-for-sale [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	0	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	0	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	0	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	0	0
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	0	0
Mortgage backed investments Ginnie Mae
Debt Securities, Available-for-sale [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	4	329
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	1,370	156
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	4	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	0	12,921
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0	329
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	1,370	13,077
Other
Debt Securities, Available-for-sale [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	109	25
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	0	2,843
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	0	7
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	5,897	6,000
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	109	18
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	5,897	8,843
Municipal Bonds
Debt Securities, Available-for-sale [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	0	36
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	0	3,257
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	0	36
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	0	0
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	0	3,257
US Government agencies
Debt Securities, Available-for-sale [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	899	935
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	2,701	12,266
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	34	201
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	33,214	31,490
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	865	734
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	35,915	43,756
Corporate Bonds
Debt Securities, Available-for-sale [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Accumulated Loss	216	351
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	3,482	1,996
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	25	12
Available-for-sale Securities, Continuous Unrealized Loss Position, Twelve Months or Longer, Fair Value	3,808	7,161
Available-for-sale Securities, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	191	339
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	$ 7,290	$ 9,157

Investments_ Narrative (Details

Investments: Narrative (Details)	1 Months Ended	3 Months Ended		9 Months Ended
	Jan. 31, 2020USD ($)	Sep. 30, 2020USD ($)securities	Sep. 30, 2019USD ($)	Sep. 30, 2020USD ($)securities	Sep. 30, 2019USD ($)	Dec. 31, 2019USD ($)securities
Debt Securities, Available-for-sale [Line Items]
Investments pledged as collateral for FHLB advances		50.00%		50.00%
Investments pledged as collateral for public deposits		$ 21,200,000		$ 21,200,000		$ 19,000,000
Principal repayments on investments available-for-sale		2,500,000	$ 2,000,000	12,000,000	$ 5,100,000
Gain on sale of investments available-for-sale		$ 18,000	$ 88,000	$ 86,000	80,000
Available-for-sale, Securities in Unrealized Loss Positions, Qualitative Disclosure, Number of Positions, Greater than or Equal to One Year | securities		18		18		18
Unrealized Loss | securities		23		23		37
Payments to Acquire Marketable Securities	$ 2,400,000			$ 9,050,000	$ 3,534,000

Investments_ Schedule of Avai_2

Investments: Schedule of Available for sale Securities, Debt Maturities (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Investments [Abstract]
Due within one year, Amortized Cost	$ 0
Due after one year through five years, Amortized Cost	8,993
Due after five years through ten years, Amortized Cost	15,227
Due after ten years, Amortized Cost	53,617
Debt Securities, Amortized Cost Total	77,837
Mortgage-backed investments, Amortized Cost	46,931
Due within one year, Fair Value	0
Due after one year through five years, Fair Value	8,947
Due after five years through ten years, Fair Value	15,318
Due after ten years, Fair Value	53,459
Debt maturities, Fair Value	77,724
Mortgage-backed investments, Fair Value	48,296
Fair Value	$ 126,020	$ 136,601

Loans Receivable_ Schedule of A

Loans Receivable: Schedule of Accounts, Notes, Loans and Financing Receivable (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Dec. 31, 2018
Loans receivable	$ 1,150,481		$ 1,122,238
Deferred loan fees, net	1,929		558
ALLL	14,568		13,218
Loans receivable, net	1,133,984		1,108,462
One-to-four family, residential, owner occupied
Loans receivable	214,250		210,898
One to four family residential non owner occupied
Loans receivable	177,621		161,630
One to Four Family
Loans receivable	391,871		372,528
One to four family residential
ALLL	3,225	$ 3,134	3,034	$ 3,032	$ 3,085	$ 3,387
Multifamily
Loans receivable	142,619		172,915
ALLL	1,394	1,559	1,607	1,734	1,643	1,680
Commercial Real Estate
Loans receivable	389,768		395,152
ALLL	5,501	4,849	4,559	4,485	4,607	4,777
Construction/Land Development One-to-four family residential
Loans receivable	45,231		44,491
Construction Land Development Multifamily
Loans receivable	47,547		40,954
Construction Land Development Commercial
Loans receivable	5,475		19,550
Construction Land Development Land Development
Loans receivable	1,345		8,670
Construction Land Development
Loans receivable	99,598		113,665
ALLL	2,365	2,257	2,222	2,198	2,271	2,331
Business
Loans receivable	85,780		37,779
ALLL	1,044	1,065	1,140	1,157	1,120	936
Consumer
Loans receivable	40,845		30,199
ALLL	1,039	972	656	555	331	236
Property total
ALLL	$ 14,568	$ 13,836	$ 13,218	$ 13,161	$ 13,057	$ 13,347

Loans Receivable_ Schedule of_2

Loans Receivable: Schedule of Allowance for Loan and Lease Losses, Roll Forward (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Dec. 31, 2019	Sep. 30, 2019
Loans receivable allowance for loan losses	$ 14,568		$ 14,568		$ 14,568	$ 13,218
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance			13,218
Loans and Leases Receivable, Allowance, Ending Balance	14,568		14,568
One to four family residential
Impaired Financing Receivable, Related Allowance					12		$ 31
Loans receivable allowance for loan losses	3,225	$ 3,032	3,225	$ 3,032	3,225	3,034	3,032
Total Loans					391,871		370,386
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	3,134	3,085	3,034	3,387
Recoveries	2	3	20	31
(Recapture) provision	89	(56)	171	(386)
Loans and Leases Receivable, Allowance, Ending Balance	3,225	3,032	3,225	3,032
Financing Receivable, Collectively Evaluated for Impairment					389,033		365,813
Financing Receivable, Individually Evaluated for Impairment					2,838		4,573
One to four family residential | General Reserve
Loans receivable allowance for loan losses	3,213	3,001	3,213	3,001	3,213		3,001
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	3,213	3,001	3,213	3,001
Multifamily
Impaired Financing Receivable, Related Allowance					0	0	0
Loans receivable allowance for loan losses	1,394	1,734	1,394	1,734	1,394	1,607	1,734
Total Loans					142,619		171,152
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	1,559	1,643	1,607	1,680
Recoveries	0	0	0	45
(Recapture) provision	(165)	91	(213)	9
Loans and Leases Receivable, Allowance, Ending Balance	1,394	1,734	1,394	1,734
Financing Receivable, Collectively Evaluated for Impairment					140,515		171,152
Financing Receivable, Individually Evaluated for Impairment					2,104		0
Multifamily | General Reserve
Loans receivable allowance for loan losses	1,394	1,734	1,394	1,734	1,394		1,734
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	1,394	1,734	1,394	1,734
Commercial Real Estate
Impaired Financing Receivable, Related Allowance					0	0	0
Loans receivable allowance for loan losses	5,501	4,485	5,501	4,777	5,501	4,559	4,485
Total Loans					389,768		381,890
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	4,849	4,607	4,559	4,777
Recoveries	30	0	30	0
(Recapture) provision	622	(122)	912	(292)
Loans and Leases Receivable, Allowance, Ending Balance	5,501	4,485	5,501	4,485
Financing Receivable, Collectively Evaluated for Impairment					372,995		379,764
Financing Receivable, Individually Evaluated for Impairment					16,773		2,126
Commercial Real Estate | General Reserve
Loans receivable allowance for loan losses	5,501	4,485	5,501	4,485	5,501		4,485
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	5,501	4,485	5,501	4,485
Construction Land Development
Impaired Financing Receivable, Related Allowance					0	0	0
Loans receivable allowance for loan losses	2,365	2,198	2,222	2,198	2,365	2,222	2,198
Total Loans					99,598		109,915
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	2,257	2,271	2,222	2,331
Recoveries	0	0	0	0
(Recapture) provision	108	(73)	143	(133)
Loans and Leases Receivable, Allowance, Ending Balance	2,365	2,198	2,365	2,198
Financing Receivable, Collectively Evaluated for Impairment					99,598		98,306
Financing Receivable, Individually Evaluated for Impairment					0		11,609
Construction Land Development | General Reserve
Loans receivable allowance for loan losses	2,365	2,198	2,365	2,198	2,365		2,198
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	2,365	2,198	2,365	2,198
Business
Impaired Financing Receivable, Related Allowance					0		0
Loans receivable allowance for loan losses	1,044	1,157	1,044	936	1,044	1,140	1,157
Total Loans					85,780		37,507
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	1,065	1,120	1,140	936
Recoveries	0	0	0	0
(Recapture) provision	(21)	37	(96)	221
Loans and Leases Receivable, Allowance, Ending Balance	1,044	1,157	1,044	1,157
Financing Receivable, Collectively Evaluated for Impairment					85,780		37,507
Financing Receivable, Individually Evaluated for Impairment					0		0
Business | General Reserve
Loans receivable allowance for loan losses	1,044	1,157	1,044	1,157	1,044		1,157
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	1,044	1,157	1,044	1,157
Consumer
Impaired Financing Receivable, Related Allowance					0		0
Loans receivable allowance for loan losses	1,039	555	1,039	236	1,039	656	555
Total Loans					40,845		26,451
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	972	331	656	236
Recoveries	0	1	0	38
(Recapture) provision	67	223	383	281
Loans and Leases Receivable, Allowance, Ending Balance	1,039	555	1,039	555
Financing Receivable, Collectively Evaluated for Impairment					40,845		26,412
Financing Receivable, Individually Evaluated for Impairment					0		39
Consumer | General Reserve
Loans receivable allowance for loan losses	1,039	555	1,039	555	1,039		555
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	1,039	555	1,039	555
Property total
Impaired Financing Receivable, Related Allowance					12	31	31
Loans receivable allowance for loan losses	14,568	13,161	14,568	13,347	14,568	$ 13,218	13,161
Total Loans					1,150,481		1,097,301
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	13,836	13,057	13,218	13,347
Recoveries	32	4	50	114
(Recapture) provision	700	100	1,300	(300)
Loans and Leases Receivable, Allowance, Ending Balance	14,568	13,161	14,568	13,161
Financing Receivable, Collectively Evaluated for Impairment					1,128,766		1,078,954
Financing Receivable, Individually Evaluated for Impairment					21,715		18,347
Property total | General Reserve
Loans receivable allowance for loan losses	14,556	13,130	14,556	13,130	$ 14,556		$ 13,130
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	$ 14,556	$ 13,130	$ 14,556	$ 13,130

Loans Receivable_ Narratives (D

Loans Receivable: Narratives (Details)	3 Months Ended		6 Months Ended	9 Months Ended
	Sep. 30, 2020USD ($)loan	Sep. 30, 2019USD ($)	Jun. 30, 2020	Sep. 30, 2020USD ($)loan	Sep. 30, 2019USD ($)	Dec. 31, 2019USD ($)
Accounts, Notes, Loans and Financing Receivable
Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans	$ 24,000	$ 2,000		$ 58,000	$ 11,000
Loans and Leases Receivable, Ratio of Nonperforming Loans to All Loans	0.19%			0.19%
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	$ 0			$ 0		$ 3,100,000
Troubled Debt Restructuring Loans	4,100,000			4,100,000		5,200,000
Troubled Debt Restructuring Commitment To Extend Additional Credit	0	0		0	0
Financing Receivable, Troubled Debt Restructuring, Subsequent Default	0	0		0	0
Troubled debt restructuring, charge to Allowance for Loan and Lease Losses	0	$ 0		0	$ 0
Loans receivable, net	$ 1,133,984,000			$ 1,133,984,000		1,108,462,000
Number of Delinquent Loans With Expired Deferral Periods | loan	0			0
PPP Loan [Member]
Accounts, Notes, Loans and Financing Receivable
Long-term Debt, Gross	$ 52,000,000			$ 52,000,000
Minimum
Accounts, Notes, Loans and Financing Receivable
Troubled Debt Restructuring, Interest Rate Concession Period	1 year	1 year	1 year
Maximum
Accounts, Notes, Loans and Financing Receivable
Troubled Debt Restructuring, Interest Rate Concession Period	3 years	3 years	3 years
FHLB of Des Moines
Accounts, Notes, Loans and Financing Receivable
Loans Pledged as Collateral	$ 521,300,000			521,300,000		506,700,000
Federal Reserve Bank
Accounts, Notes, Loans and Financing Receivable
Loans Pledged as Collateral	139,300,000			139,300,000		130,300,000
Construction Loans
Accounts, Notes, Loans and Financing Receivable
Loans receivable, net	15,500,000			15,500,000		$ 12,500,000
Granted Short Term Deferrals Under CARES Act
Accounts, Notes, Loans and Financing Receivable
Loans receivable, net	132,300,000			132,300,000
Active Loan Payment Deferral Period
Accounts, Notes, Loans and Financing Receivable
Loans receivable, net	$ 65,500,000			$ 65,500,000

Loans Receivable_ Financing Rec

Loans Receivable: Financing Receivables, Aging of loans (Details) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Financing Receivable, 90 Days or More Past Due, Still Accruing	$ 0	$ 0
Total Loans	1,150,481,000	1,122,238,000
One-to-four family, residential, owner occupied
Total	0	79,000
Current	214,250,000	210,819,000
Total Loans	214,250,000	210,898,000
One to four family residential non owner occupied
Total	0	0
Current	177,621,000	161,630,000
Total Loans	177,621,000	161,630,000
Multifamily
Total	2,104,000	2,105,000
Current	140,515,000	170,810,000
Total Loans	142,619,000	172,915,000
Commercial Real Estate
Total	0	0
Current	389,768,000	395,152,000
Total Loans	389,768,000	395,152,000
Construction Land Development
Total	0	0
Current	99,598,000	113,665,000
Total Loans	99,598,000	113,665,000
Real Estate, Total
Total	2,104,000	2,184,000
Current	1,021,752,000	1,052,076,000
Total Loans	1,023,856,000	1,054,260,000
Business
Total	0	0
Current	85,780,000	37,779,000
Total Loans	85,780,000	37,779,000
Consumer
Total	32,000	0
Current	40,813,000	30,199,000
Total Loans	40,845,000	30,199,000
Property total
Total	2,136,000	2,184,000
Current	1,148,345,000	1,120,054,000
Total Loans	1,150,481,000	1,122,238,000
Financial Asset, 30 to 59 Days Past Due | One-to-four family, residential, owner occupied
Total	0	79,000
Financial Asset, 30 to 59 Days Past Due | One to four family residential non owner occupied
Total	0	0
Financial Asset, 30 to 59 Days Past Due | Multifamily
Total	0	2,105,000
Financial Asset, 30 to 59 Days Past Due | Commercial Real Estate
Total	0	0
Financial Asset, 30 to 59 Days Past Due | Construction Land Development
Total	0	0
Financial Asset, 30 to 59 Days Past Due | Real Estate, Total
Total	0	2,184,000
Financial Asset, 30 to 59 Days Past Due | Business
Total	0	0
Financial Asset, 30 to 59 Days Past Due | Consumer
Total	32,000	0
Financial Asset, 30 to 59 Days Past Due | Property total
Total	32,000	2,184,000
Financial Asset, 60 to 89 Days Past Due | One-to-four family, residential, owner occupied
Total	0	0
Financial Asset, 60 to 89 Days Past Due | One to four family residential non owner occupied
Total	0	0
Financial Asset, 60 to 89 Days Past Due | Multifamily
Total	0	0
Financial Asset, 60 to 89 Days Past Due | Commercial Real Estate
Total	0	0
Financial Asset, 60 to 89 Days Past Due | Construction Land Development
Total	0	0
Financial Asset, 60 to 89 Days Past Due | Real Estate, Total
Total	0	0
Financial Asset, 60 to 89 Days Past Due | Business
Total	0	0
Financial Asset, 60 to 89 Days Past Due | Consumer
Total	0	0
Financial Asset, 60 to 89 Days Past Due | Property total
Total	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due | One-to-four family, residential, owner occupied
Total	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due | One to four family residential non owner occupied
Total	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Multifamily
Total	2,104,000	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Commercial Real Estate
Total	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Construction Land Development
Total	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Real Estate, Total
Total	2,104,000	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Business
Total	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Consumer
Total	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Property total
Total	$ 2,104,000	$ 0

Loans Receivable Loans Receivab

Loans Receivable Loans Receivable: Schedule of non accrual loans by type (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Financing Receivable, Recorded Investment, Nonaccrual Status	$ 21,889	$ 18,407	$ 21,654	$ 13,731
Nonaccrual Loans, total	2,104		2,104		$ 95
One to Four Family
Nonaccrual Loans, total	0		0		95
Multifamily
Nonaccrual Loans, total	$ 2,104		$ 2,104		$ 0

Loans Receivable_ Financing R_2

Loans Receivable: Financing Receivables, Summary of loans by type and risk category (Details) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Financing Receivable, after Allowance for Credit Loss	$ 1,150,481,000	$ 1,122,238,000
One to four family residential
Financing Receivable, after Allowance for Credit Loss	391,871,000	372,528,000
Multifamily
Financing Receivable, after Allowance for Credit Loss	142,619,000	172,915,000
Commercial Real Estate
Financing Receivable, after Allowance for Credit Loss	389,768,000	395,152,000
Construction Land Development
Financing Receivable, after Allowance for Credit Loss	99,598,000	113,665,000
Business
Financing Receivable, after Allowance for Credit Loss	85,780,000	37,779,000
Consumer
Financing Receivable, after Allowance for Credit Loss	40,845,000	30,199,000
Property total
Financing Receivable, after Allowance for Credit Loss	1,150,481,000	1,122,238,000
One-to-four family, residential, owner occupied
Financing Receivable, after Allowance for Credit Loss	214,250,000	210,898,000
One to four family residential non owner occupied
Financing Receivable, after Allowance for Credit Loss	177,621,000	161,630,000
Performing Financing Receivable | One to four family residential
Financing Receivable, after Allowance for Credit Loss	391,871,000	372,433,000
Performing Financing Receivable | Multifamily
Financing Receivable, after Allowance for Credit Loss	140,515,000	172,915,000
Performing Financing Receivable | Commercial Real Estate
Financing Receivable, after Allowance for Credit Loss	389,768,000	395,152,000
Performing Financing Receivable | Construction Land Development
Financing Receivable, after Allowance for Credit Loss	99,598,000	113,665,000
Performing Financing Receivable | Business
Financing Receivable, after Allowance for Credit Loss	85,780,000	37,779,000
Performing Financing Receivable | Consumer
Financing Receivable, after Allowance for Credit Loss	40,845,000	30,199,000
Performing Financing Receivable | Property total
Financing Receivable, after Allowance for Credit Loss	1,148,377,000	1,122,143,000
Performing Financing Receivable | One-to-four family, residential, owner occupied
Financing Receivable, after Allowance for Credit Loss	214,300,000	210,800,000
Performing Financing Receivable | One to four family residential non owner occupied
Financing Receivable, after Allowance for Credit Loss	177,600,000	161,600,000
Nonperforming Financing Receivable | One to four family residential
Financing Receivable, after Allowance for Credit Loss	0	95,000
Nonperforming Financing Receivable | Multifamily
Financing Receivable, after Allowance for Credit Loss	2,104,000	0
Nonperforming Financing Receivable | Commercial Real Estate
Financing Receivable, after Allowance for Credit Loss	0	0
Nonperforming Financing Receivable | Construction Land Development
Financing Receivable, after Allowance for Credit Loss	0	0
Nonperforming Financing Receivable | Business
Financing Receivable, after Allowance for Credit Loss	0	0
Nonperforming Financing Receivable | Consumer
Financing Receivable, after Allowance for Credit Loss	0	0
Nonperforming Financing Receivable | Property total
Financing Receivable, after Allowance for Credit Loss	2,104,000	95,000
Nonperforming Financing Receivable | One-to-four family, residential, owner occupied
Financing Receivable, after Allowance for Credit Loss		95,000
Pass
Financing Receivable, after Allowance for Credit Loss	1,131,206,000	1,105,919,000
Special Mention
Financing Receivable, after Allowance for Credit Loss	16,642,000	15,690,000
Substandard
Financing Receivable, after Allowance for Credit Loss	2,633,000	629,000
Consumer
Financing Receivable, after Allowance for Credit Loss	40,845,000	30,199,000
Consumer | Pass
Financing Receivable, after Allowance for Credit Loss	40,845,000	30,199,000
Consumer | Special Mention
Financing Receivable, after Allowance for Credit Loss	0	0
Consumer | Substandard
Financing Receivable, after Allowance for Credit Loss	0	0
Business
Financing Receivable, after Allowance for Credit Loss	85,780,000	37,779,000
Business | Pass
Financing Receivable, after Allowance for Credit Loss	85,780,000	37,779,000
Business | Special Mention
Financing Receivable, after Allowance for Credit Loss	0	0
Business | Substandard
Financing Receivable, after Allowance for Credit Loss	0	0
Commercial Real Estate
Financing Receivable, after Allowance for Credit Loss	389,768,000	395,152,000
Commercial Real Estate | Pass
Financing Receivable, after Allowance for Credit Loss	373,731,000	394,627,000
Commercial Real Estate | Special Mention
Financing Receivable, after Allowance for Credit Loss	16,037,000	525,000
Commercial Real Estate | Substandard
Financing Receivable, after Allowance for Credit Loss	0	0
Multifamily
Financing Receivable, after Allowance for Credit Loss	142,619,000	172,915,000
Multifamily | Pass
Financing Receivable, after Allowance for Credit Loss	140,515,000	170,810,000
Multifamily | Special Mention
Financing Receivable, after Allowance for Credit Loss	0	2,105,000
Multifamily | Substandard
Financing Receivable, after Allowance for Credit Loss	2,104,000	0
One to four family residential
Financing Receivable, after Allowance for Credit Loss	391,871,000	372,528,000
One to four family residential | Pass
Financing Receivable, after Allowance for Credit Loss	390,737,000	371,363,000
One to four family residential | Special Mention
Financing Receivable, after Allowance for Credit Loss	605,000	536,000
One to four family residential | Substandard
Financing Receivable, after Allowance for Credit Loss	529,000	629,000
Construction Land Development
Financing Receivable, after Allowance for Credit Loss	99,598,000	113,665,000
Construction Land Development | Pass
Financing Receivable, after Allowance for Credit Loss	99,598,000	101,141,000
Construction Land Development | Special Mention
Financing Receivable, after Allowance for Credit Loss	0	12,524,000
Construction Land Development | Substandard
Financing Receivable, after Allowance for Credit Loss	$ 0	$ 0

Loans Receivable_ Schedule of I

Loans Receivable: Schedule of Impaired Financing Receivables (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	$ 20,423	$ 16,238	$ 19,848	$ 10,958
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	210	280	725	805
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance					$ 15,650
Impaired Financing Receivable, Recorded Investment	21,703		21,703		19,939
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	1,466	2,169	1,806	2,773
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	22	33	68	95
Impaired Financing Receivable, Average Recorded Investment	21,889	18,407	21,654	13,731
Impaired Financing Receivable, Interest Income, Accrual Method	232	313	793	900
One-to-four family, residential, owner occupied
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	336		336		437
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	434		434		582
Impaired Financing Receivable, with Related Allowance, Recorded Investment	502		502		505
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	549		549		552
Impaired Financing Receivable, Related Allowance	7		7		13
Impaired Financing Receivable, Recorded Investment	838		838		942
Impaired Financing Receivable, Unpaid Principal Balance	983		983		1,134
One to four family residential non owner occupied
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	1,039		1,039		1,486
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	1,039		1,039		1,486
Impaired Financing Receivable, with Related Allowance, Recorded Investment	961		961		1,647
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	961		961		1,647
Impaired Financing Receivable, Related Allowance	5		5		18
Impaired Financing Receivable, Recorded Investment	2,000		2,000		3,133
Impaired Financing Receivable, Unpaid Principal Balance	2,000		2,000		3,133
Multifamily
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	2,104		2,104		2,105
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	2,104		2,104		2,105
Impaired Financing Receivable, Related Allowance	0	0	0	0	0
Impaired Financing Receivable, Recorded Investment	2,104		2,104		2,105
Impaired Financing Receivable, Unpaid Principal Balance	2,104		2,104		2,105
Commercial Real Estate
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	16,773		16,773		1,266
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	16,773		16,773		1,266
Impaired Financing Receivable, Related Allowance	0	0	0	0	0
Impaired Financing Receivable, Recorded Investment	16,773		16,773		1,266
Impaired Financing Receivable, Unpaid Principal Balance	16,773		16,773		1,266
Construction Land Development
Impaired Financing Receivable, with No Related Allowance, Recorded Investment					12,524
Impaired Financing Receivable, Related Allowance	0	0	0	0	0
Impaired Financing Receivable, Recorded Investment					12,524
Impaired Financing Receivable, Unpaid Principal Balance					15,650
Property total
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	20,252		20,252		17,818
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	20,350		20,350		21,089
Impaired Financing Receivable, with Related Allowance, Recorded Investment	1,463		1,463		2,152
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	1,510		1,510		2,199
Impaired Financing Receivable, Related Allowance	12	31	12	31	31
Impaired Financing Receivable, Recorded Investment	21,715		21,715		19,970
Impaired Financing Receivable, Unpaid Principal Balance	21,860		21,860		$ 23,288
Construction Land Development
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	0	11,596	7,044	5,798
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	0	202	0	570
Impaired Financing Receivable, Average Recorded Investment	0	11,596	7,044	5,798
Impaired Financing Receivable, Interest Income, Accrual Method	0	202	0	570
Commercial Real Estate
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	16,823	2,134	9,042	2,231
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	144	38	519	114
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment		0		60
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized		0		0
Impaired Financing Receivable, Average Recorded Investment	16,823	2,134	9,042	2,291
Impaired Financing Receivable, Interest Income, Accrual Method	144	38	519	114
Multifamily
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	2,104		2,104
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	47		139
Impaired Financing Receivable, Average Recorded Investment	2,104		2,104
Impaired Financing Receivable, Interest Income, Accrual Method	47		139
One to four family residential non owner occupied
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	1,115	1,633	1,251	1,920
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	17	24	52	74
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	964	1,661	1,303	2,203
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	15	24	45	69
Impaired Financing Receivable, Average Recorded Investment	2,079	3,294	2,554	4,123
Impaired Financing Receivable, Interest Income, Accrual Method	32	48	97	143
One-to-four family, residential, owner occupied
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	381	834	407	956
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	2	15	15	44
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	502	508	503	510
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	7	9	23	26
Impaired Financing Receivable, Average Recorded Investment	883	1,342	910	1,466
Impaired Financing Receivable, Interest Income, Accrual Method	$ 9	$ 24	$ 38	$ 70

Loans Receivable_ Average Recor

Loans Receivable: Average Recorded Investment and Interest Income Recognized (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	$ 20,423	$ 16,238	$ 19,848	$ 10,958
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	210	280	725	805
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	1,466	2,169	1,806	2,773
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	22	33	68	95
Impaired Financing Receivable, Average Recorded Investment	21,889	18,407	21,654	13,731
Impaired Financing Receivable, Interest Income, Accrual Method	232	313	793	900
One-to-four family, residential, owner occupied
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	381	834	407	956
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	2	15	15	44
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	502	508	503	510
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	7	9	23	26
Impaired Financing Receivable, Average Recorded Investment	883	1,342	910	1,466
Impaired Financing Receivable, Interest Income, Accrual Method	9	24	38	70
One to four family residential non owner occupied
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	1,115	1,633	1,251	1,920
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	17	24	52	74
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	964	1,661	1,303	2,203
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	15	24	45	69
Impaired Financing Receivable, Average Recorded Investment	2,079	3,294	2,554	4,123
Impaired Financing Receivable, Interest Income, Accrual Method	32	48	97	143
Multifamily
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	2,104		2,104
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	47		139
Impaired Financing Receivable, Average Recorded Investment	2,104		2,104
Impaired Financing Receivable, Interest Income, Accrual Method	47		139
Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	16,823	2,134	9,042	2,231
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	144	38	519	114
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment		0		60
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized		0		0
Impaired Financing Receivable, Average Recorded Investment	16,823	2,134	9,042	2,291
Impaired Financing Receivable, Interest Income, Accrual Method	144	38	519	114
Construction Land Development
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	0	11,596	7,044	5,798
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	0	202	0	570
Impaired Financing Receivable, Average Recorded Investment	0	11,596	7,044	5,798
Impaired Financing Receivable, Interest Income, Accrual Method	$ 0	202	$ 0	570
Consumer
Accounts, Notes, Loans and Financing Receivable
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment		41		53
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized		1		3
Impaired Financing Receivable, Average Recorded Investment		41		53
Impaired Financing Receivable, Interest Income, Accrual Method		$ 1		$ 3

Loans Receivable_ Troubled Debt

Loans Receivable: Troubled Debt Restructurings on Financing Receivables (Details)	3 Months Ended		6 Months Ended	9 Months Ended
	Sep. 30, 2020USD ($)	Sep. 30, 2019USD ($)loan	Jun. 30, 2020	Sep. 30, 2020USD ($)loan	Sep. 30, 2019USD ($)	Dec. 31, 2019USD ($)
Loan Restructuring, Trial Modifications, Amount | loan		2		11
Financing Receivable, Troubled Debt Restructuring	$ 4,100,000			$ 4,100,000		$ 5,200,000
Troubled Debt Restructuring Commitment To Extend Additional Credit	0	$ 0		0	$ 0
Financing Receivable, Troubled Debt Restructuring, Subsequent Default	$ 0	0		0	$ 0
Financing Receivable, Troubled Debt Restructuring, Premodification		1,391,000		2,909,000
Financing Receivable, Troubled Debt Restructuring, Postmodification		$ 1,391,000		$ 2,909,000
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
One to four family residential | Principal and Interest with Interest Rate Concession
Loan Restructuring, Trial Modifications, Amount | loan		1		7
Financing Receivable, Troubled Debt Restructuring, Premodification		$ 536,000		$ 1,360,000
Financing Receivable, Troubled Debt Restructuring, Postmodification		$ 536,000		$ 1,360,000
One to four family residential | Advancement of Maturity Date
Loan Restructuring, Trial Modifications, Amount | loan		0		3
Financing Receivable, Troubled Debt Restructuring, Premodification		$ 0		$ 694,000
Financing Receivable, Troubled Debt Restructuring, Postmodification		$ 0		$ 694,000
Construction Land Development Commercial | Advancement of Maturity Date
Loan Restructuring, Trial Modifications, Amount | loan		1		1
Financing Receivable, Troubled Debt Restructuring, Premodification		$ 855,000		$ 855,000
Financing Receivable, Troubled Debt Restructuring, Postmodification		$ 855,000		$ 855,000

Other Real Estate Owned - Other

Other Real Estate Owned - Other Real Estate, Roll Forward (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Other Real Estate [Roll Forward]
Balance at beginning of period	$ 454,000	$ 454,000	$ 454,000	$ 483,000
Market value adjustments	0	0	0	29,000
Balance at end of period	$ 454,000	$ 454,000	$ 454,000	$ 454,000

Other Real Estate Owned (Detail

Other Real Estate Owned (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2020USD ($)property	Sep. 30, 2019USD ($)property	Sep. 30, 2020USD ($)property	Sep. 30, 2019USD ($)property	Jun. 30, 2020USD ($)	Dec. 31, 2019USD ($)	Jun. 30, 2019USD ($)	Dec. 31, 2018USD ($)
Real Estate [Line Items]
Real estate properties sold | property	0	0	0	0
Market value adjustments	$ 0	$ 0	$ 0	$ (29,000)
Other real estate	454,000	$ 454,000	454,000	$ 454,000	$ 454,000	$ 454,000	$ 454,000	$ 483,000
Real Estate Acquired Through Foreclosure	2,100,000		2,100,000
Commercial Real Estate
Real Estate [Line Items]
Other real estate	454,000		454,000
One to four family residential
Real Estate [Line Items]
Real Estate Acquired Through Foreclosure	$ 0		$ 0

Fair Value_ Schedule of Fair Va

Fair Value: Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	$ 126,020	$ 136,601
Assets, Fair Value Disclosure		137,027
Mortgage-backed investments, Fannie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	13,535	15,629
Mortgage-backed investments, Freddie Mac
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	4,338	4,292
Mortgage-backed investments, Ginnie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	19,497	23,050
Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	10,926	11,448
Municipal Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	14,825	10,911
US Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	41,400	45,750
Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	21,499	25,521
Derivative fair value liability
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative fair value liability	3,839
Derivative fair value asset
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Gross Asset		426
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Derivative fair value liability	0
Derivative Asset, Fair Value, Gross Asset		0
Assets, Fair Value Disclosure		0
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
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
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
Level 1 | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Level 1 | Municipal Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Level 1 | US Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Level 1 | Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Level 1 | Derivative fair value liability
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative fair value liability	0
Level 1 | Derivative fair value asset
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Gross Asset		0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	126,020	136,601
Derivative fair value liability	(3,839)
Derivative Asset, Fair Value, Gross Asset		426
Assets, Fair Value Disclosure		137,027
Level 2 | Mortgage-backed investments, Fannie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	13,535	15,629
Level 2 | Mortgage-backed investments, Freddie Mac
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	4,338	4,292
Level 2 | Mortgage-backed investments, Ginnie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	19,497	23,050
Level 2 | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	10,926	11,448
Level 2 | Municipal Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	14,825	10,911
Level 2 | US Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	41,400	45,750
Level 2 | Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	21,499	25,521
Level 2 | Derivative fair value liability
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative fair value liability	3,839
Level 2 | Derivative fair value asset
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Gross Asset		426
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Derivative fair value liability	0
Derivative Asset, Fair Value, Gross Asset		0
Assets, Fair Value Disclosure		0
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
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
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
Level 3 | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Level 3 | Municipal Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Level 3 | US Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Level 3 | Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Level 3 | Derivative fair value liability
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative fair value liability	$ 0
Level 3 | Derivative fair value asset
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Gross Asset		$ 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 ($)	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019	Sep. 30, 2019	Jun. 30, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans (included in loans receivable, net)	$ 21,703,000		$ 19,939,000
OREO	454,000	$ 454,000	454,000	$ 454,000	$ 454,000	$ 483,000
Total, Fair Value	22,157,000		20,393,000
Financing Receivable, Allowance for Credit Losses, Individually Evaluated for Impairment	12,000		31,000
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans (included in loans receivable, net)	0		0
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]
Impaired loans (included in loans receivable, net)	0		0
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]
Impaired loans (included in loans receivable, net)	21,703,000		19,939,000
OREO	454,000		454,000
Total, Fair Value	$ 22,157,000		$ 20,393,000

Fair Value_ Schedule of quantit

Fair Value: Schedule of quantitative information about Level 3 Fair Value Measurements on a nonrecurring basis (Details) - Level 3 - Market Approach Valuation Technique - USD ($) $ in Thousands	6 Months Ended	9 Months Ended
	Jun. 30, 2020	Sep. 30, 2020	Dec. 31, 2019
Loans Receivable
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
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		8.00%	0.00%
Loans Receivable | Weighted Average
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of financial instruments, range		4.70%	0.00%
Other Real Estate Owned
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
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, Nonrecurring | Loans Receivable
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Financial and Nonfinancial Liabilities, Fair Value Disclosure		$ 21,703	$ 19,939
Fair Value, Nonrecurring | Other Real Estate Owned
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Financial and Nonfinancial Liabilities, Fair Value Disclosure		$ 454	$ 454

Fair Value_ Balance Sheet Group

Fair Value: Balance Sheet Grouping (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments available-for-sale	$ 126,020	$ 136,601
Investments held-to-maturity	2,406	0
FHLB stock	6,410	7,009
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash on hand and in banks	7,440	10,094
Interest-earning deposits with banks	18,674	12,896
Investments available-for-sale	0	0
Investments held-to-maturity	0
Loans receivable, net	0	0
FHLB stock	0	0
Accrued interest receivable	0	0
Derivative Asset, Fair Value, Gross Asset		0
Deposits	641,036	513,959
Certificates of deposit, retail	0	0
Certificates of deposit, brokered	0	0
Advances from the FHLB	0	0
Accrued interest payable	0	0
Derivative fair value liability	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	126,020	136,601
Investments held-to-maturity	2,406
Loans receivable, net	0	0
FHLB stock	6,410	7,009
Accrued interest receivable	5,676	4,138
Derivative Asset, Fair Value, Gross Asset		426
Deposits	0	0
Certificates of deposit, retail	428,871	430,418
Certificates of deposit, brokered	10,006	94,556
Advances from the FHLB	120,002	137,706
Accrued interest payable	197	285
Derivative fair value liability	3,839
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
Investments held-to-maturity	0
Loans receivable, net	1,136,078	1,096,499
FHLB stock	0	0
Accrued interest receivable	0	0
Derivative Asset, Fair Value, Gross Asset		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
Derivative fair value liability	0
Carrying Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash on hand and in banks	7,440	10,094
Interest-earning deposits with banks	18,674	12,896
Investments available-for-sale	126,020	136,601
Investments held-to-maturity	2,406
Loans receivable, net	1,133,984	1,108,462
FHLB stock	6,410	7,009
Accrued interest receivable	5,676	4,138
Derivative Asset, Fair Value, Gross Asset		426
Deposits	641,036	513,959
Certificates of deposit, retail	418,646	425,103
Certificates of deposit, brokered	10,000	94,472
Advances from the FHLB	120,000	137,700
Accrued interest payable	197	285
Derivative fair value liability	3,839
Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash on hand and in banks	7,440	10,094
Interest-earning deposits with banks	18,674	12,896
Investments available-for-sale	126,020	136,601
Investments held-to-maturity	2,406
Loans receivable, net	1,136,078	1,096,499
FHLB stock	6,410	7,009
Accrued interest receivable	5,676	4,138
Derivative Asset, Fair Value, Gross Asset		426
Deposits	641,036	513,959
Certificates of deposit, retail	428,871	430,418
Certificates of deposit, brokered	10,006	94,556
Advances from the FHLB	120,002	137,706
Accrued interest payable	197	$ 285
Derivative fair value liability	$ 3,839

Leases (Details)

Leases (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2020USD ($)leaseRate	Sep. 30, 2019USD ($)	Sep. 30, 2020USD ($)leaseRate	Sep. 30, 2019USD ($)	Dec. 31, 2019USD ($)
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Term of Contract	63 months		63 months
Monthly lease payment	$ 67,000		$ 67,000
Operating Lease, Expense	226,000	$ 170,000	669,000	$ 514,000
Right of use asset	3,834,000		3,834,000		$ 2,209,000
Operating Lease, Liability, Current	$ 3,940,000		$ 3,940,000
Operating Lease, Weighted Average Remaining Lease Term	4 years 3 months 18 days		4 years 3 months 18 days
Lessee, Operating Lease, Discount Rate | Rate	2.13%		2.13%
Leases, Operating [Abstract]
Property Subject to or Available for Operating Lease, Number of Units | lease	13		13
Operating Leases, Rent Expense, Minimum Rentals			$ 5,300,000
Minimum
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Renewal Term	3 years		3 years
Lessee, Operating Lease, Term of Contract	6 months		6 months
Maximum
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Renewal Term	5 years		5 years
Lessee, Operating Lease, Term of Contract	5 years 4 months 24 days		5 years 4 months 24 days

Leases (Maturity of Leases) (De

Leases (Maturity of Leases) (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Leases [Abstract]
Operating Lease, Weighted Average Remaining Lease Term	4 years 3 months 18 days
Lessee, Operating Lease, Term of Contract	63 months
Due through one year	$ 719
Due after one year through two years	686
Due after two years through three years	615
Due after three years through four years	487
Due after four years through five years	394
Due after five years	1,361
Total minimum lease payments	4,262
Less: present value discount	(320)
Lease liability	$ 3,942	$ 2,279

Derivatives (Details)

Derivatives (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019	Oct. 31, 2016
Derivative [Line Items]
Derivative, Average Fixed Interest Rate	0.80%		0.80%
Derivative, Loss on Derivative			$ 3,800,000
Other Comprehensive Income (Loss), Unrealized Gain (Loss) on Derivatives Arising During Period, Net of Tax	$ 3,000,000		3,000,000
Gain (Loss) on Cash Flow Hedge Ineffectiveness, Net	0
Interest rate swaps on FHLB debt designated as a cash flow hedge	271,000	$ (187,000)	(3,368,000)	$ (1,145,000)
Cash Flow Hedging
Derivative [Line Items]
Derivative, Notional Amount	120,000,000		120,000,000
Derivative, Fixed Interest Rate						1.22%
Derivative Liability, Fair Value, Gross Liability	(3,839,000)		(3,839,000)
Derivative Asset, Fair Value, Gross Asset					$ 426,000
Interest Rate Swap
Derivative [Line Items]
Derivative, Notional Amount	$ 25,000,000		$ 25,000,000
Forward Contracts
Derivative [Line Items]
Derivative, Term of Contract			7 years
Minimum | Interest Rate Swap
Derivative [Line Items]
Derivative, Term of Contract			4 years
Minimum | Interest Rate Swap | Cash Flow Hedging
Derivative [Line Items]
Derivative, Term of Contract			4 years
Minimum | Forward Contracts | Cash Flow Hedging
Derivative [Line Items]
Derivative, Term of Contract			7 years
Maximum | Interest Rate Swap
Derivative [Line Items]
Derivative, Term of Contract			8 years
Maximum | Interest Rate Swap | Cash Flow Hedging
Derivative [Line Items]
Derivative, Term of Contract			8 years
Maximum | Forward Contracts
Derivative [Line Items]
Derivative, Term of Contract			8 years
Maximum | Forward Contracts | Cash Flow Hedging
Derivative [Line Items]
Derivative, Term of Contract			8 years

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Jun. 30, 2020	Dec. 31, 2019
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 224,000	$ 226,000	$ 367,000	$ 457,000
Tax benefit from compensation expense	$ 47,000	$ 48,000	$ 77,000	$ 96,000
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		1,400,000
Available for grant (shares)	1,172,268		1,172,268
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		400,000
Available for grant (shares)	286,134		286,134
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	$ 4,800		$ 4,800
Compensation cost not yet recognized, weighted average vesting period			2 months
First Financial Northwest, Inc. 2008 Equity Incentive Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost not yet recognized	$ 90,000		$ 90,000
Compensation cost not yet recognized, weighted average vesting period			5 months
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number	16,228		16,228		16,228	16,698
Granted, Shares	17,695		33,923
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	0		0
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	8,000
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	305,000

Stock-Based Compensation Disclo

Stock-Based Compensation Disclosure of Share-based Compensation Arrangements by Share-based Payment Award (Details)	3 Months Ended	9 Months Ended
	Sep. 30, 2020USD ($)$ / sharesshares	Sep. 30, 2020USD ($)$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding Beginning Balance, Shares | shares	313,000	313,000
Outstanding Ending Balance, Shares | shares	313,000	313,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]
Outstanding Beginning Balance, Weighted Average Exercise Price	$ 10.34	$ 10.34
Outstanding Ending Balance, Weighted Average Exercise Price	$ 10.34	$ 10.34
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	3 years 2 months 23 days	3 years 2 months 23 days
Outstanding Ending Balance, Weighted Average Remaining Contractual Term	3 years 2 months 23 days	3 years 2 months 23 days
Share-based Compensation Arrangement by Share-based Payment Award, Options Outstanding, Aggregate Intrinsic [Roll Forward]
Outstanding Beginning Balance, Aggregate Intrinsic Value | $	$ 133,750	$ 1,440,310
Outstanding Ending Balance, Aggregate Intrinsic Value | $	$ 87,850	$ 87,850
Share Based Compensation, Stock Option Plan, Additional Disclosures [Abstract]
Expected to Vest, Weighted Average Exercise Price	$ 3.66	$ 3.66
Exercisable at end of period, Shares | shares	305,000	305,000
Exercisable at end of period, Weighted Average Exercise Price	10.27	10.27
Exercisable at end of period, Weighted Average Remaining Contractual Term in Years	3 years 2 months 4 days	3 years 2 months 4 days
Exercisable at end of period, Aggregate Intrinsic Value | $	$ 87,850	$ 87,850
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	$ 3.69	$ 3.69
Nonvested Ending Balance, Weighted-Average Grant Date Fair Value	$ 3.69	$ 3.69
First Financial Northwest, Inc. 2008 Equity Incentive Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Nonvested Beginning Balance | shares	16,228	16,698
Granted, Shares | shares	17,695	33,923
Vested, Shares | shares	(17,695)	(34,393)
Nonvested Ending Balance | shares	16,228	16,228
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	$ 13.61	$ 16.53
Granted, Weighted Average Grant Date Fair Value	9.12	13.61
Vested, Weighted Average Grant Date Fair Value	9.12	16.53
Nonvested Ending Balance, Weighted-Average Grant Date Fair Value	$ 13.61	$ 13.61
Expected to vest assuming a 3% forfeiture rate over the vesting term
Share Based Compensation, Stock Option Plan, Additional Disclosures [Abstract]
Expected to Vest, Shares | shares	312,760	312,760
Expected to Vest, Weighted Average Exercise Price	$ 10.34	$ 10.34
Expected to Vest, Weighted Average Remaining Contractual Term in Years	3 years 2 months 23 days	3 years 2 months 23 days
Expected to Vest, Aggregate Intrinsic Value | $	$ 87,850	$ 87,850
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Vested, Weighted Average Grant Date Fair Value	$ 3.69	$ 3.69
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 | shares	0	0
Expected to vest assuming a 3% forfeiture rate over the vesting term, Shares | shares	15,741	15,741
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	$ 13.61	$ 13.61

Earnings Per Share_ Schedule of

Earnings Per Share: Schedule of Earnings Per Share Reconciliation (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Earnings Per Share [Abstract]
Net income	$ 2,082	$ 2,505	$ 5,910	$ 7,754
Less: Earnings allocated to participating securities	3	4	9	12
Earnings allocated to common shareholders	$ 2,079	$ 2,501	$ 5,901	$ 7,742
Basic weighted average common shares outstanding	9,661,498	9,901,586	9,788,397	9,989,970
Dilutive stock options	10,988	83,423	20,755	95,985
Dilutive restricted stock grants	3,081	6,002	2,450	5,676
Diluted weighted average common shares outstanding	9,675,567	9,991,011	9,811,602	10,091,631
Basic earnings (loss) per share (in dollars per share)	$ 0.22	$ 0.25	$ 0.60	$ 0.77
Diluted earnings (loss) per share (in dollars per share)	$ 0.21	$ 0.25	$ 0.60	$ 0.77

Earnings Per Share (Details)

Earnings Per Share (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share, amount	228,000	50,000	203,000	50,000

Revenue Recognition Disaggregat

Revenue Recognition Disaggregation of Revenue (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Disaggregation of Revenue [Line Items]
Gain on sale of investments available-for-sale	$ 18,000	$ 88,000	$ 86,000	$ 80,000
Revenue from Contract with Customer, Excluding Assessed Tax	1,011,000	1,039,000	2,789,000	2,618,000
BOLI change in cash surrender value
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	269,000	235,000	778,000	693,000
Wealth management revenue
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	145,000	245,000	493,000	702,000
Deposit related fees
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	76,000	61,000	222,000	218,000
Debit card and ATM fees
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	125,000	118,000	338,000	337,000
Loan related fees
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	376,000	99,000	846,000	265,000
Loan interest swap fees
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	191,000	19,000	297,000
Other
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 2,000	$ 2,000	$ 7,000	$ 26,000

Revenue Recognition (Details)

Revenue Recognition (Details)	Sep. 30, 2020USD ($)
Revenue from Contract with Customer [Abstract]
Contract Liability	$ 0
Performance Obligation	$ 0

Subsequent Events (Details)

Subsequent Events (Details) - USD ($) $ / shares in Units, $ in Thousands	Nov. 03, 2020	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Nov. 04, 2020	Dec. 31, 2019
Subsequent Event [Line Items]
Stock Repurchased and Retired During Period, Shares		155,049	87,852	369,894	433,952
Financing Receivable, after Allowance for Credit Loss		$ 1,150,481		$ 1,150,481			$ 1,122,238
Downgraded Loan
Subsequent Event [Line Items]
Financing Receivable, after Allowance for Credit Loss		$ 6,400		$ 6,400
Subsequent Event
Subsequent Event [Line Items]
Stock Repurchased and Retired During Period, Shares	124,179
Treasury Stock Acquired, Average Cost Per Share	$ 10.15
Subsequent Event | Downgraded Loan
Subsequent Event [Line Items]
Financing Receivable, Allowance for Credit Loss						$ 200
Subsequent Event | Share Repurchase Plan Expiring December 2020
Subsequent Event [Line Items]
Stock Repurchased and Retired During Period, Shares	279,228
Treasury Stock Acquired, Average Cost Per Share	$ 9.81