First Financial Northwest (FFNW) 10-Q 9 Nov 21 2021 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2021	Nov. 05, 2021
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2021
Document Transition Report	false
Entity File Number	001-33652
Entity Registrant Name	FIRST FINANCIAL NORTHWEST, INC.
Entity Incorporation, State or Country Code	WA
Entity Tax Identification Number	26-0610707
Entity Address, Address Line One	201 Wells Avenue South
Entity Address, City or Town	Renton
Entity Address, State or Province	WA
Entity Address, Postal Zip Code	98057
City Area Code	(425)
Local Phone Number	255-4400
Title of 12(b) Security	Common Stock, $0.01 par value per share
Trading Symbol	FFNW
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		9,350,763
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2021
Current Fiscal Year End Date	--12-31
Entity Central Index Key	0001401564
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Assets
Cash on hand and in banks	$ 7,243	$ 7,995
Interest-earning deposits with banks	71,869	72,494
Investments available-for-sale, at fair value	178,061	127,551
Investments held-to-maturity, at amortized cost	2,425	2,418
Loans receivable, net of allowance of $15,057, and $15,174	1,101,669	1,100,582
Federal Home Loan Bank ("FHLB") stock, at cost	6,465	6,410
Accrued interest receivable	5,681	5,508
Deferred tax assets, net	746	1,641
Other real estate owned ("OREO")	0	454
Premises and equipment, net	22,628	22,579
Bank owned life insurance ("BOLI"), net	34,994	33,034
Prepaid expenses and other assets	2,975	1,643
Right of use asset (“ROU”), net	3,838	3,647
Goodwill	889	889
Core deposit intangible, net	719	824
Total assets	1,440,202	1,387,669
Liabilities and Stockholders' Equity
Noninterest-bearing deposits	115,311	91,285
Interest-bearing deposits	1,026,425	1,002,348
Total deposits	1,141,736	1,093,633
FHLB advances	120,000	120,000
Advance payments from borrowers for taxes and insurance	5,075	2,498
Lease liability, net	3,994	3,783
Accrued interest payable	206	211
Other liabilities	7,735	11,242
Total liabilities	1,278,746	1,231,367
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 9,483,081 shares at September 30, 2021 and 9,736,875 shares at December 31, 2020	95	97
Additional paid-in capital	78,311	82,095
Retained earnings	84,402	78,003
Accumulated other comprehensive loss, net of tax	(223)	(1,918)
Unearned Employee Stock Ownership Plan ("ESOP") shares	(1,129)	(1,975)
Total stockholders' equity	161,456	156,302
Total liabilities and stockholders' equity	$ 1,440,202	$ 1,387,669

Consolidated Income Statements

Consolidated Income Statements - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Interest income
Loans, including fees	$ 12,508,000	$ 12,847,000	$ 37,772,000	$ 39,504,000
Investments available-for-sale	814,000	751,000	2,400,000	2,466,000
Investments held-to-maturity	4,000	6,000	20,000	17,000
Interest-earning deposits with banks	24,000	8,000	53,000	45,000
Dividends on FHLB stock	84,000	82,000	247,000	240,000
Total interest income	13,434,000	13,694,000	40,492,000	42,272,000
Interest expense
Deposits	1,612,000	3,206,000	5,826,000	11,238,000
Borrowings	431,000	400,000	1,263,000	1,214,000
Total interest expense	2,043,000	3,606,000	7,089,000	12,452,000
Net interest income	11,391,000	10,088,000	33,403,000	29,820,000
(Recapture of provision) provision for loan losses			(300,000)
Provision (recapture of provision) for loan losses	100,000	700,000		1,300,000
Net interest income after provision (recapture of provision) for loan losses	11,291,000	9,388,000	33,703,000	28,520,000
Noninterest income
Net gain on sale of investments	0	18,000	0	86,000
BOLI income	377,000	269,000	891,000	778,000
Wealth management revenue, net	64,000	145,000	391,000	493,000
Deposit related fees	228,000	201,000	654,000	560,000
Loan related fees	300,000	376,000	714,000	865,000
Other	30,000	2,000	86,000	7,000
Total noninterest income	999,000	1,011,000	2,736,000	2,789,000
Noninterest expense
Salaries and employee benefits	4,856,000	4,880,000	14,863,000	14,893,000
Occupancy and equipment	1,116,000	987,000	3,403,000	3,090,000
Professional fees	502,000	371,000	1,423,000	1,257,000
Data processing	626,000	731,000	2,003,000	2,112,000
OREO related expenses, net	207,000	1,000	208,000	7,000
Regulatory assessments	121,000	134,000	356,000	405,000
Insurance and bond premiums	106,000	116,000	341,000	339,000
Marketing	64,000	41,000	116,000	133,000
Other general and administrative	735,000	606,000	1,938,000	1,843,000
Total noninterest expense	8,333,000	7,867,000	24,651,000	24,079,000
Income before federal income tax provision	3,957,000	2,532,000	11,788,000	7,230,000
Federal income tax provision	758,000	450,000	2,281,000	1,320,000
Net income	$ 3,199,000	$ 2,082,000	$ 9,507,000	$ 5,910,000
Earnings per common share
Basic earnings per share (in dollars per share)	$ 0.34	$ 0.22	$ 1.01	$ 0.60
Diluted earnings per share (in dollars per share)	$ 0.34	$ 0.21	$ 0.99	$ 0.60
Weighted average number of common shares outstanding
Basic shares outstanding (in shares)	9,314,456	9,661,498	9,412,196	9,788,397
Diluted shares outstanding (in shares)	9,446,702	9,675,567	9,514,165	9,811,602

Consolidated Statements of Comp

Consolidated Statements of Comprehensive (Loss) Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Statement of Comprehensive Income [Abstract]
Net income	$ 3,199	$ 2,082	$ 9,507	$ 5,910
Other comprehensive (loss) income, before tax:
Unrealized holding (losses) gains on investments available-for-sale	(761)	538	(1,192)	2,031
Tax effect	160	(113)	251	(427)
Reclassification adjustment for net gains realized in income	0	(18)	0	(86)
Tax effect	0	4	0	18
Gains (losses) on cash flow hedges	553	343	3,337	(4,264)
Tax effect	(116)	(72)	(701)	896
Other comprehensive (loss) income, net of tax	(164)	682	1,695	(1,832)
Total comprehensive income	$ 3,035	$ 2,764	$ 11,202	$ 4,078

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	AOCI Attributable to Parent	Unearned ESOP Shares 1
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 (loss), net of tax	$ (1,832)				(1,832)
Issuance of common stock - restricted stock awards, net (in shares)	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)
Cash dividend declared and paid	$ (2,931)			(2,931)
Balances at end of period (in shares) at Sep. 30, 2020	9,911,607
Balances at end of period at Sep. 30, 2020	$ 154,778	99	83,839	76,300	(3,203)	(2,257)
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 (loss), net of tax	$ 682				682
Issuance of common stock - restricted stock awards, net (in shares)	17,695
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 (in shares) at Sep. 30, 2020	9,911,607
Balances at end of period at Sep. 30, 2020	$ 154,778	99	83,839	76,300	(3,203)	(2,257)
Balances at beginning of period (in shares) at Dec. 31, 2020	9,736,875
Balances at beginning of period at Dec. 31, 2020	$ 156,302	97	82,095	78,003	(1,918)	(1,975)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	9,507			9,507
Other comprehensive income (loss), net of tax	$ 1,695				1,695
Exercise of stock options (in shares)	6,000
Exercise of stock options	$ 64		64
Issuance of common stock - restricted stock awards, net (in shares)	55,673
Issuance of common stock - restricted stock awards, net	$ (38)	1	(39)
Compensation related to stock options and restricted stock awards	558		558
Allocation of ESOP shares	$ 1,227		381			846
Repurchase and retirement of common stock (in shares)	(312,628)
Repurchase and retirement of common stock	$ (4,751)	(3)	(4,748)
Canceled common stock - restricted stock awards (in shares)	(2,839)
Canceled common stock - restricted stock awards	$ 0
Cash dividend declared and paid	$ (3,108)			(3,108)
Balances at end of period (in shares) at Sep. 30, 2021	9,483,081
Balances at end of period at Sep. 30, 2021	$ 161,456	95	78,311	84,402	(223)	(1,129)
Balances at beginning of period (in shares) at Jun. 30, 2021	9,651,180
Balances at beginning of period at Jun. 30, 2021	$ 161,621	97	80,770	82,224	(59)	(1,411)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	3,199			3,199
Other comprehensive income (loss), net of tax	$ (164)				(164)
Exercise of stock options (in shares)	2,000
Exercise of stock options	$ 22		22
Issuance of common stock - restricted stock awards, net (in shares)	10,080
Issuance of common stock - restricted stock awards, net	$ 0
Compensation related to stock options and restricted stock awards	315		315
Allocation of ESOP shares	$ 453		171			282
Repurchase and retirement of common stock (in shares)	(180,179)
Repurchase and retirement of common stock	$ (2,969)	(2)	(2,967)
Cash dividend declared and paid	$ (1,021)			(1,021)
Balances at end of period (in shares) at Sep. 30, 2021	9,483,081
Balances at end of period at Sep. 30, 2021	$ 161,456	$ 95	$ 78,311	$ 84,402	$ (223)	$ (1,129)

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020
Cash flows from operating activities:
Net income	$ 9,507,000	$ 5,910,000
Adjustments to reconcile net income to net cash provided by operating activities:
(Recapture of provision) provision for loan losses	(300,000)
Provision (recapture of provision) for loan losses		1,300,000
Gains (losses) on sales of other real estate	207,000	0
Net amortization of premiums and discounts on investments	807,000	589,000
Gain on sale of investments available-for-sale	0	(86,000)
Depreciation of premises and equipment	1,607,000	1,638,000
Loss on disposal of premises and equipment	1,000	0
Deferred federal income taxes	445,000	110,000
Allocation of ESOP shares	1,227,000	904,000
Stock compensation expense	558,000	367,000
BOLI income	(891,000)	(778,000)
Annuity income	(20,000)	(31,000)
Changes in operating assets and liabilities:
(Increase) decrease in prepaid expenses and other assets	(715,000)	194,000
Decrease in ROU	567,000	491,000
Increase in advance payments from borrowers for taxes and insurance	2,577,000	1,821,000
Increase in accrued interest receivable	(173,000)	(1,538,000)
Decrease in lease liability	(547,000)	(453,000)
Decrease in accrued interest payable	(5,000)	(88,000)
Decrease in other liabilities	(669,000)	(558,000)
Net cash provided by operating activities	14,183,000	9,792,000
Cash flows from investing activities:
Gains (losses) on sales of other real estate	247,000	0
Proceeds from sales, calls and maturities of investments available-for-sale	10,000,000	12,082,000
Principal repayments on investments available-for-sale	13,621,000	8,991,000
Purchases of investments available-for-sale	(76,130,000)	(9,050,000)
Purchase of investments held-to-maturity	0	(2,375,000)
Net increase in loans receivable	(787,000)	(26,822,000)
(Purchase) sale of FHLB stock	(55,000)	599,000
Purchase of premises and equipment	(1,657,000)	(1,581,000)
Proceeds from Life Insurance Policy	1,086,000	0
Purchase of BOLI	(2,155,000)	(70,000)
Net cash used by investing activities	(55,830,000)	(18,226,000)
Cash flows from financing activities:
Net increase in deposits	48,103,000	36,148,000
Advances from the FHLB	0	248,000,000
Repayments of advances from the FHLB	0	(265,700,000)
Proceeds from stock options exercises	64,000	0
Net share settlement of stock awards	(38,000)	(73,000)
Repurchase and retirement of common stock	(4,751,000)	(3,886,000)
Dividends paid	(3,108,000)	(2,931,000)
Net cash provided by financing activities	40,270,000	11,558,000
Cash and cash equivalents:
Net decrease in cash and cash equivalents	(1,377,000)	3,124,000
Cash and cash equivalents at beginning of period	80,489,000	22,990,000
Cash and cash equivalents at end of period	79,112,000	26,114,000
Cash paid during the period for:
Interest paid	7,094,000	12,540,000
Federal income taxes paid	2,445,000	1,190,000
Noncash items:
Change in unrealized (loss) gain on investments available-for-sale	(1,192,000)	1,945,000
Change in unrealized gain (loss) on cash flow hedge	3,337,000	(4,264,000)
Initial recognition of ROU	758,000	2,116,000
Initial recognition of lease liability	$ 758,000	$ 2,116,000

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - $ / shares	Sep. 30, 2021	Dec. 31, 2020
Statement of Financial Position [Abstract]
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 outstanding (in shares)	0	0
Preferred stock shares issued (in shares)	0	0
Common stock shares authorized (in shares)	90,000,000	90,000,000
Common stock par value per share (in usd per share)	$ 0.01	$ 0.01
Common stock shares issued (in shares)	9,483,081	9,736,875
Common stock shares outstanding (in shares)	9,483,081	9,736,875

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Statement of Stockholders' Equity [Abstract]
Allocated shares (in shares)	28,213	28,214	84,639	84,642
Dividends (usd per share)	$ 0.11	$ 0.10	$ 0.33	$ 0.30

Description of Business

Description of Business	9 Months Ended
	Sep. 30, 2021
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, 2021, First Financial Northwest Bank operated in fifteen locations in Washington with the headquarters and seven retail branch locations in King County, five retail branch locations in Snohomish County and two retail branches in Pierce County. 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, 2021
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, 2020, as filed with the SEC (“2020 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, 2021, are not necessarily indicative of the results that may be expected for the year ending December 31, 2021. 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.

Recently Issued Accounting Pron

Recently Issued Accounting Pronouncements	9 Months Ended
	Sep. 30, 2021
Accounting Standards Update and Change in Accounting Principle [Abstract]
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements Recent Accounting Pronouncements Adopted in 2021 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. The Company adopted this ASU in January 2021 with no material impact on its consolidated financial statements. In October 2020, the FASB issued ASU 2020-08, “Receivables – Nonrefundable Fees and Other Costs” (“ASU 2020-08”). ASU 2020-08 clarifies that the Company should reevaluate whether a callable debt security is within the scope of paragraph 310-20-35-33 for each reporting period. The Company adopted this ASU in January 2021 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. ASU No. 2021-06, Presentation of Financial Statements (Topic 205), Financial Services—Depository and Lending (Topic 942), and Financial Services—Investment Companies (Topic 946)

Investments

Investments	9 Months Ended
	Sep. 30, 2021
Investments [Abstract]
Investments	Investments Investments available-for-sale are summarized as follows at the dates indicated: September 30, 2021 Amortized Gross Gross Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 15,175 $ 276 $ (64) $ 15,387 Freddie Mac 13,083 166 (322) 12,927 Ginnie Mae 25,744 210 (120) 25,834 Other 5,673 93 (16) 5,750 Municipal bonds 39,545 732 (454) 39,823 U.S. Government agencies 48,165 109 (366) 47,908 Corporate bonds 30,003 632 (203) 30,432 Total $ 177,388 $ 2,218 $ (1,545) $ 178,061 December 31, 2020 Amortized Gross Gross Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 12,797 $ 491 $ — $ 13,288 Freddie Mac 4,116 200 — 4,316 Ginnie Mae 16,513 617 (3) 17,127 Other 10,691 100 (62) 10,729 Municipal bonds 16,483 963 — 17,446 U.S. Government agencies 41,084 88 (537) 40,635 Corporate bonds 24,001 221 (212) 24,010 Total $ 125,685 $ 2,680 $ (814) $ 127,551 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, 2021 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 $ 6,321 $ (64) $ — $ — $ 6,321 $ (64) Freddie Mac 7,953 (322) — — 7,953 (322) Ginnie Mae 15,753 (120) — — 15,753 (120) Other 1,909 (16) — — 1,909 (16) Municipal bonds 22,482 (454) — — 22,482 (454) U.S. Government agencies 6,687 (20) 23,006 (346) 29,693 (366) Corporate bonds 995 (5) 5,808 (198) 6,803 (203) Total $ 62,100 $ (1,001) $ 28,814 $ (544) $ 90,914 $ (1,545) December 31, 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 $ — $ — $ — $ — $ — $ — Freddie Mac — — — — — — Ginnie Mae — — 1,311 (3) 1,311 (3) Other — — 5,942 (62) 5,942 (62) Municipal bonds — — — — — — U.S. Government agencies 1,716 (11) 30,991 (526) 32,707 (537) Corporate bonds — — 5,794 (212) 5,794 (212) Total $ 1,716 $ (11) $ 44,038 $ (803) $ 45,754 $ (814) 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 49 securities and 20 securities in an unrealized loss position, respectively, with 13 and 18 of these securities in an unrealized loss position for 12 months or more, at both September 30, 2021, and December 31, 2020, respectively. Management does not believe that any individual unrealized loss as of September 30, 2021, or December 31, 2020, 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, 2021, and December 31, 2020, and determined that an OTTI charge was not warranted. The amortized cost and estimated fair value of investments available-for-sale at September 30, 2021, 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, 2021 Amortized Cost Fair Value (In thousands) Due within one year $ 398 $ 406 Due after one year through five years 8,546 8,605 Due after five years through ten years 26,713 27,145 Due after ten years 82,056 82,007 117,713 118,163 Mortgage-backed investments 59,675 59,898 Total $ 177,388 $ 178,061 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 $21.5 million and $23.4 million were pledged as collateral for public deposits at September 30, 2021, and December 31, 2020, respectively, both of which exceeded the collateral requirements established by the Washington Public Deposit Protection Commission. For the three months ended September 30, 2021, there were no calls or sales of investment securities. For the nine months ended September 30, 2021, there were $10.0 million in calls or maturities on investment securities with no gain or loss generated. 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 $12.1 million in sales or maturities on investment securities generating a net gain of $86,000. 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. At September 30, 2021, the annuities were reported as investments held-to-maturity at an amortized cost of $2.4 million on the Company’s Consolidated Balance Sheets. The amortized cost is considered the fair value of the investment.

Loans Receivable

Loans Receivable	9 Months Ended
	Sep. 30, 2021
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, 2021 December 31, 2020 (In thousands) One-to-four family residential: Permanent owner occupied $ 184,990 $ 206,323 Permanent non-owner occupied 197,686 175,637 382,676 381,960 Multifamily 143,806 136,694 Commercial real estate 392,356 385,265 Construction/land: One-to-four family residential 36,213 33,396 Multifamily 47,549 51,215 Commercial 6,189 5,783 Land 11,337 1,813 101,288 92,207 Business 54,748 80,663 Consumer 42,484 40,621 Total loans 1,117,358 1,117,410 Less: Deferred loan fees, net 632 1,654 ALLL 15,057 15,174 Loans receivable, net $ 1,101,669 $ 1,100,582 At September 30, 2021, loans totaling $543.4 million were pledged to secure borrowings from the FHLB compared to $720.8 million at December 31, 2020. In addition, loans totaling $139.8 million and $127.1 million were pledged to the Federal Reserve Bank of San Francisco to secure a line of credit at September 30, 2021 and December 31, 2020, 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 virtually no credit risk, such as cash secured loans with funds on deposit with the Bank. Pass credits also include credits that are on the Company’s watch list (grade 5), 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. The grades for watch and special mention loans 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. These are 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. As of September 30, 2021, and December 31, 2020, the Company had no loans rated as doubtful or loss. The following tables represent a summary of loans at September 30, 2021, and December 31, 2020 by type and risk category: September 30, 2021 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Risk Rating: Pass, grade 1-4 $ 380,824 $ 141,470 $ 328,622 $ 99,036 $ 54,748 $ 42,223 $ 1,046,923 Pass, grade 5 (watch) 917 2,336 31,602 2,252 — 34 37,141 Special mention 413 — 21,545 — — 227 22,185 Substandard 522 — 10,587 — — — 11,109 Total loans $ 382,676 $ 143,806 $ 392,356 $ 101,288 $ 54,748 $ 42,484 $ 1,117,358 December 31, 2020 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Risk Rating: Pass, grade 1-4 $ 376,918 $ 132,243 $ 316,955 $ 89,957 $ 80,208 $ 40,477 $ 1,036,758 Pass, grade 5 (watch) 3,914 2,347 52,375 2,250 455 144 61,485 Special mention 601 — 15,935 — — — 16,536 Substandard 527 2,104 — — — — 2,631 Total loans $ 381,960 $ 136,694 $ 385,265 $ 92,207 $ 80,663 $ 40,621 $ 1,117,410 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, 2021, total loans receivable included $22.4 million of loans originated under the Small Business Administration (“SBA”) Paycheck Protection Program (“PPP”). 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. 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, 2021 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 2,992 $ 1,377 $ 5,914 $ 2,385 $ 1,133 $ 1,077 $ 14,878 Charge-offs — — — — — — — Recoveries 79 — — — — — 79 Provision (recapture) 99 9 127 (128) (135) 128 100 Ending balance $ 3,170 $ 1,386 $ 6,041 $ 2,257 $ 998 $ 1,205 $ 15,057 At or For the Nine Months Ended September 30, 2021 One-to-Four Multifamily Commercial Real Estate Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,181 $ 1,366 $ 6,127 $ 2,189 $ 1,242 $ 1,069 $ 15,174 Charge-offs — — — — — — — Recoveries 183 — — — — — 183 (Recapture) provision (194) 20 (86) 68 (244) 136 (300) Ending balance $ 3,170 $ 1,386 $ 6,041 $ 2,257 $ 998 $ 1,205 $ 15,057 ALLL by category: General reserve $ 3,148 $ 1,386 $ 6,041 $ 2,257 $ 998 $ 1,205 $ 15,035 Specific reserve 22 — — — — — 22 Loans: Total loans $ 382,676 $ 143,806 $ 392,356 $ 101,288 $ 54,748 $ 42,484 $ 1,117,358 Loans collectively evaluated for impairment 380,268 143,806 366,640 101,288 54,748 42,484 1,089,234 Loans individually evaluated for impairment 2,408 — 25,716 — — — 28,124 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 Charge-offs — — — — — — — 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 Real Estate Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,034 $ 1,607 $ 4,559 $ 2,222 $ 1,140 $ 656 $ 13,218 Charge-offs — — — — — — — 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 389,033 140,515 372,995 99,598 85,780 40,845 1,128,766 Loans individually evaluated for impairment 2,838 2,104 16,773 — — — 21,715 Past Due Loans. Loans are considered past due if a scheduled principal or interest payment is due and unpaid for 30 days or more. At September 30, 2021, there were two past due loans or 0.02% of total loans receivable, as compared to five past due loans or 0.24% of total loans receivable at December 31, 2020. The following tables represent a summary of the aging of loans by type at the dates indicated: Loans Past Due as of September 30, 2021 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 $ — $ — $ — $ — $ 184,990 $ 184,990 Non-owner occupied — — — — 197,686 197,686 Multifamily — — — — 143,806 143,806 Commercial real estate — — — — 392,356 392,356 Construction/land — — — 101,288 101,288 Total real estate — — — — 1,020,126 1,020,126 Business — — — — 54,748 54,748 Consumer 227 — — 227 42,257 42,484 Total loans $ 227 $ — $ — $ 227 $ 1,117,131 $ 1,117,358 ________________ (1) There were no loans 90 days and greater past due and still accruing interest at September 30, 2021. Loans Past Due as of December 31, 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 $ 77 $ — $ — $ 77 $ 206,246 $ 206,323 Non-owner occupied 159 — — 159 175,478 175,637 Multifamily — — 2,104 2,104 134,590 136,694 Commercial real estate — — — — 385,265 385,265 Construction/land — — — — 92,207 92,207 Total real estate 236 — 2,104 2,340 993,786 996,126 Business 275 — — 275 80,388 80,663 Consumer 38 — — 38 40,583 40,621 Total loans $ 549 $ — $ 2,104 $ 2,653 $ 1,114,757 $ 1,117,410 _________________ (1) There were no loans 90 days and greater past due and still accruing interest at December 31, 2020. 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, 2021 December 31, 2020 (In thousands) Multifamily $ — $ 2,104 Total nonaccrual loans $ — $ 2,104 Nonaccrual loans at December 31, 2020, consisted of one $2.1 million multifamily loan that was in the foreclosure process at that date. Interest income that would have been recognized had the nonaccrual loan been performing in accordance with its original terms was $24,000 and $58,000 for the three and nine months ended September 30, 2020, respectively. In May 2021, subsequent to a payment during the first quarter of 2021, the $2.0 million balance of this nonaccrual multifamily loan paid off. Past interest income of $288,000 was collected and included in interest income for the nine months ending September 30, 2021. The following tables summarize the loan portfolio by type and payment status at the dates indicated: September 30, 2021 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Performing (1) $ 382,676 $ 143,806 $ 392,356 $ 101,288 $ 54,748 $ 42,484 $ 1,117,358 Nonperforming — — — — — — — Total loans $ 382,676 $ 143,806 $ 392,356 $ 101,288 $ 54,748 $ 42,484 $ 1,117,358 _____________ (1) There were $185.0 million of owner-occupied one-to-four family residential loans and $197.7 million of non-owner occupied one-to-four family residential loans classified as performing. December 31, 2020 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Performing (1) $ 381,960 $ 134,590 $ 385,265 $ 92,207 $ 80,663 $ 40,621 $ 1,115,306 Nonperforming — 2,104 — — — — 2,104 Total loans $ 381,960 $ 136,694 $ 385,265 $ 92,207 $ 80,663 $ 40,621 $ 1,117,410 _____________ (1) There were $206.3 million of owner-occupied one-to-four family residential loans and $175.6 million of non-owner occupied one-to-four family residential loans classified as performing. 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, 2021, and December 31, 2020, there were no commitments to advance funds related to impaired loans. The following tables present a summary of loans individually evaluated for impairment by loan type at the dates indicated: September 30, 2021 Recorded Investment (1) Unpaid Principal Balance (2) Related Allowance (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 180 $ 189 $ — Non-owner occupied 922 922 — Commercial real estate 25,716 25,716 — Total 26,818 26,827 — Loans with an allowance: One-to-four family residential: Owner occupied 496 543 21 Non-owner occupied 810 810 1 Total 1,306 1,353 22 Total impaired loans: One-to-four family residential: Owner occupied 676 732 21 Non-owner occupied 1,732 1,732 1 Commercial real estate 25,716 25,716 — Total $ 28,124 $ 28,180 $ 22 _________________ (1) Represents the loan balance less charge-offs. (2) Contractual loan principal balance. December 31, 2020 Recorded Investment (1) Unpaid Principal Balance (2) Related Allowance (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 274 $ 365 $ — Non-owner occupied 1,031 1,031 — Multifamily 2,104 2,104 — Commercial real estate 16,669 16,669 — Total 20,078 20,169 — Loans with an allowance: One-to-four family residential: Owner occupied 502 549 6 Non-owner occupied 820 820 2 Total 1,322 1,369 8 Total impaired loans: One-to-four family residential: Owner occupied 776 914 6 Non-owner occupied 1,851 1,851 2 Multifamily 2,104 2,104 — Commercial real estate 16,669 16,669 — Total $ 21,400 $ 21,538 $ 8 _________________ (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, 2021 and 2020: Three Months Ended September 30, 2021 Nine Months Ended September 30, 2021 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 $ 181 $ 3 $ 227 $ 9 Non-owner occupied 926 16 955 47 Multifamily — — 1,035 — Commercial real estate 26,356 192 21,485 662 Total 27,463 211 23,702 718 Loans with an allowance: One-to-four family residential: Owner occupied 497 7 499 24 Non-owner occupied 812 13 815 39 Total 1,309 20 1,314 63 Total impaired loans: One-to-four family residential: Owner occupied 678 10 726 33 Non-owner occupied 1,738 29 1,770 86 Multifamily — — 1,035 — Commercial real estate 26,356 192 21,485 662 Total $ 28,772 $ 231 $ 25,016 $ 781 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. Certain loan modifications are accounted for as troubled debt restructured loans (“TDRs”). At September 30, 2021, the TDR portfolio totaled $2.4 million. At December 31, 2020, the TDR portfolio totaled $3.9 million. At both dates, all TDRs were performing according to their modified repayment terms. At September 30, 2021, 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, 2021 and 2020. 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) January 1, 2022. At September 30, 2021, four loans totaling $20.1 million had payment deferrals granted under the CARES Act, with total deferral periods granted greater than six months. The $10.5 million loan relationship that was downgraded to substandard during the three months ended June 30, 2021, increased to $10.6 million at September 30, 2021, as a result of draws on an active line-of-credit. Two of these loans with an aggregate $6.6 million at September 30, 2021, secured by a hostel business, are still on deferral. This same relationship also has a $4.0 million loan secured by a facility housing bowling, roller skating and restaurant operations, whose deferral period expired as of September 30, 2021, and subsequently made a payment in October 2021 . These three loans represent all of our substandard commercial real estate loans at September 30, 2021. The subsequent impairment analysis on these properties showed no anticipated loss on these loans. The following table presents TDR modifications during the three and nine months ended September 30, 2021, and the recorded investment prior to and after the modification. There were no TDR modifications during the three and nine months ended September 30, 2020. Three Months Ended September 30, 2021 Nine Months Ended September 30, 2021 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) (Dollars in thousands) One-to-four family residential Advancement of maturity date 3 1,355 1,355 3 1,355 1,355 Commercial real estate: Advancement of maturity date — $ — $ — 1 $ 1,241 $ 1,241 Total 3 $ 1,355 $ 1,355 4 $ 2,596 $ 2,596

Other Real Estate Owned

Other Real Estate Owned	9 Months Ended
	Sep. 30, 2021
Other Real Estate [Abstract]
Other Real Estate Owned	Other Real Estate OwnedOREO 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, 2021 2020 2021 2020 (In thousands) (In thousands) Balance at beginning of period $ 454 $ 454 $ 454 $ 454 Net proceeds from sale of OREO (247) — (247) — Loss on sale of OREO (207) — (207) — Balance at end of period $ — $ 454 $ — $ 454

Fair Value

Fair Value	9 Months Ended
	Sep. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value	Fair Value The Company measures the fair value of financial instruments for reporting in accordance with Accounting Standards Codification (“ASC”) Topic 820, Fair Value Measurements. Fair values of assets or liabilities are based on estimates of the exit price, which is the price that would be received to sell an asset or paid to transfer a liability. When available, observable market transactions or market information is used. The fair value estimate of loans receivable was based on similar techniques, with the addition of current origination spreads, liquidity premiums, or credit adjustments. The fair value of nonperforming loans is based on the underlying value of the collateral. 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. • 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, 2021 and December 31, 2020: Fair Value Measurements at September 30, 2021 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 $ 15,387 $ — $ 15,387 $ — Freddie Mac 12,927 746 12,181 — Ginnie Mae 25,834 — 25,834 — Other 5,750 — 5,750 — Municipal bonds 39,823 — 39,823 — U.S. Government agencies 47,908 — 47,908 — Corporate bonds 30,432 — 30,432 — Total available-for-sale investments 178,061 746 177,315 — Derivative fair value asset 511 — 511 — Total $ 178,572 $ 746 $ 177,826 — Fair Value Measurements at December 31, 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 $ 13,288 $ — $ 13,288 $ — Freddie Mac 4,316 — 4,316 — Ginnie Mae 17,127 — 17,127 — Other 10,729 — 10,729 — Municipal bonds 17,446 — 17,446 — U.S. Government agencies 40,635 — 40,635 — Corporate bonds 24,010 — 24,010 — Total available-for-sale investments $ 127,551 $ — $ 127,551 — Liabilities: Derivative fair value liability $ 2,825 $ — $ 2,825 $ — 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, 2021, and December 31, 2020: Fair Value Measurements at September 30, 2021 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans receivable, net) (1) $ 28,102 $ — $ — $ 28,102 OREO — — — — Total $ 28,102 $ — $ — $ 28,102 _____________ (1) Total fair value of impaired loans is net of $22,000 of specific reserves on performing TDRs. Fair Value Measurements at December 31, 2020 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans receivable, net) (1) $ 21,392 $ — $ — $ 21,392 OREO 454 — — 454 Total $ 21,846 $ — $ — $ 21,846 _____________ (1) Total fair value of impaired loans is net of $8,000 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, 2021 and December 31, 2020: September 30, 2021 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 28,102 Market approach Expected values of future cash flows 0.0% (0.0%) OREO $ — Market approach Estimated selling price less selling costs 0.0% (0.0%) December 31, 2020 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 21,392 Market approach Expected values of future cash flows 0.0% (0.0%) OREO $ 454 Market approach Estimated selling price 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, 2021 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 $ 7,243 $ 7,243 $ 7,243 $ — $ — Interest-earning deposits with banks 71,869 71,869 71,869 — — Investments available-for-sale 178,061 178,061 746 177,315 — Investments held-to-maturity 2,425 2,425 — 2,425 — Loans receivable, net 1,101,669 1,103,924 — — 1,103,924 FHLB stock 6,465 6,465 — 6,465 — Accrued interest receivable 5,681 5,681 — 5,681 — Derivative fair value asset 511 511 — 511 — Financial Liabilities: Deposits 840,007 840,007 840,007 — — Certificates of deposit, retail 301,729 305,381 — 305,381 — Advances from the FHLB 120,000 120,003 — 120,003 — Accrued interest payable 206 206 — 206 — December 31, 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 $ 7,995 $ 7,995 $ 7,995 $ — $ — Interest-earning deposits with banks 72,494 72,494 72,494 — — Investments available-for-sale 127,551 127,551 — 127,551 — Investments held-to-maturity 2,418 2,418 — 2,418 — Loans receivable, net 1,100,582 1,101,559 — — 1,101,559 FHLB stock 6,410 6,410 — 6,410 — Accrued interest receivable 5,508 5,508 — 5,508 — Financial Liabilities: Deposits 684,057 684,057 684,057 — — Certificates of deposit, retail 409,576 418,118 — 418,118 — Advances from the FHLB 120,000 120,006 — 120,006 — Accrued interest payable 211 211 — 211 — Derivative fair value liability 2,825 2,825 — 2,825 —

Leases

Leases	9 Months Ended
	Sep. 30, 2021
Leases [Abstract]
Leases	Leases The Company follows ASC Topic 842, Leases, recognizing a ROU and related lease liabilities on the Company’s Consolidated Balance Sheets. At September 30, 2021, the Company had 13 operating leases for retail branch locations. The remaining lease terms range from 1.3 years to 9.3 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 at the time of the lease inception, or at January 1, 2019, for leases in place at that date. 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, 2021, the Company was committed to paying $69,000 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 on the Company’s Consolidated Income Statements includes the amortized lease expense under ASC Topic 842, Leases, combined with variable lease expenses for maintenance or other expenses as defined in the individual lease agreements. The following table includes details on these items at and for the three and nine months ended September 30, 2021, and 2020. September 30, 2021 September 30, 2020 (dollars in thousands) Lease expense, quarter-to-date $ 276 $ 226 Lease expense, year-to-date 794 669 Right-of-use asset 3,838 3,834 Lease liability 3,994 3,942 Weighted average remaining term, years 6.4 years 4.3 years Weighted average discount rate 1.91 % 2.13 % The following table provides a reconciliation between the undiscounted minimum lease payments at September 30, 2021 and the discounted lease liability at that date: September 30, 2021 (in thousands) Due through one year $ 835 Due after one year through two years 769 Due after two years through three years 645 Due after three years through four years 557 Due after four years through five years 373 Due after five years 1,074 Total minimum lease payments 4,253 Less: present value discount 259 Lease liability $ 3,994

Derivatives

Derivatives	9 Months Ended
	Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	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, 2021, 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 fixed rate interest the Company pays to the FHLB for the period compared to the one-month or three-month LIBOR interest received from the counterparty. At September 30, 2021, a $511,000 net fair value gain of the cash flow hedges was reported with other assets on the Company’s Consolidated Balance Sheet. The tax effected amount of $404,000 was included in accumulated other comprehensive income on the Company’s Consolidated Balance Sheet. There were no amounts recorded on the Consolidated Income Statements for the quarters ended September 30, 2021 or 2020, 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, 2021 and December 31, 2020: Balance Sheet Location Fair Value at Fair Value at (In thousands) Interest rate swaps on FHLB debt Other Assets/(Other Liabilities) $ 511 $ (2,825) 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 $ 437 $ 271 $ 2,636 $ (3,368)

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2021
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, 2021, there were 307,000 stock options from the 2008 Plan vested and available for exercise, subject to the 2008 Plan provisions. At September 30, 2021, there were 1,060,922 total shares available for grant under the 2016 Plan, including 230,461 shares available to be granted as restricted stock. For the three months ended September 30, 2021 and 2020, total compensation expense for both the 2008 Plan and 2016 Plan was $315,000 and $224,000, respectively, and the related income tax benefit was $66,000 and $47,000, respectively. For the nine months ended September 30, 2021 and 2020, total compensation expense for both the 2008 Plan and 2016 Plan was $558,000 and $367,000, respectively, and the related income tax benefit was $117,000 and $77,000, respectively. Stock Options Under the 2008 Plan, stock option awards were granted with an exercise price equal to the market price of First Financial Northwest’s common stock at the grant date. These option awards have a vesting period of five years, with 20% vesting on the anniversary date of each grant date, and a contractual life of ten years. Any unexercised stock options expire ten years after the grant date, or sooner in the event of the award recipient’s death, disability or termination of service with the Company and the Bank. Under the 2016 Plan, the exercise price and vesting period for stock options are determined by the award committee and specified in the award agreement, however, the exercise price shall not be less than the fair market value of a share as of the grant date. Any unexercised stock option will expire 10 years after the award date or sooner in the event of the award recipient’s death, disability, retirement, or termination of service. The fair value of each option award is estimated on the grant date using a Black-Scholes model that uses the following assumptions. The dividend yield is based on the current quarterly dividend in effect at the time of the grant. Historical employment data is used to estimate the forfeiture rate. The historical volatility of the Company’s stock price over a specified period of time is used for the expected volatility assumption. First Financial Northwest bases the risk-free interest rate on the U.S. Treasury Constant Maturity Indices in effect on the date of the grant. First Financial Northwest elected to use the “Share-Based Payments” method permitted by the SEC to calculate the expected term. This method uses the vesting term of an option along with the contractual term, setting the expected life at the midpoint. Under certain conditions, a cashless exercise of vested stock options may occur by the option holder surrendering the number of options valued at the current stock price at the time of exercise to cover the total cost to exercise. The surrendered options are canceled and are unavailable for reissue. A summary of the Company’s stock option plan awards and activity for the three and nine months ended September 30, 2021, follows: For the Three Months Ended September 30, 2021 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, 2021 309,000 $ 10.33 $ 1,473,070 $ 3.68 Exercised (2,000) 10.77 11,120 4.16 Outstanding at September 30, 2021 307,000 10.33 2.22 1,854,300 3.68 Vested and expected to vest assuming a 3% forfeiture rate over the vesting term 307,000 10.33 2.22 1,854,300 3.68 Exercisable at September 30, 2021 307,000 10.33 2.22 1,854,300 3.68 For the Nine Months Ended September 30, 2021 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, 2021 313,000 $ 10.34 $ 397,890 $ 3.69 Exercised (6,000) $ 10.77 23,500 $ 4.16 Outstanding at September 30, 2021 307,000 10.33 2.22 1,854,300 3.68 Vested and expected to vest assuming a 3% forfeiture rate over the vesting term 307,000 10.33 2.22 1,854,300 3.68 Exercisable at September 30, 2021 307,000 10.33 2.22 1,854,300 3.68 As of September 30, 2021, there was no unrecognized compensation cost related to nonvested stock options. There were no stock options granted during the nine months ended September 30, 2021. 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, 2021, follows: For the Three Months Ended September 30, 2021 Shares Weighted-Average Nonvested at July 1, 2021 44,426 $ 13.78 Granted 10,080 16.37 Vested (10,080) 16.37 Nonvested at September 30, 2021 44,426 13.78 Expected to vest assuming a 3% forfeiture rate over the vesting term 43,093 13.78 For the Nine Months Ended September 30, 2021 Shares Weighted-Average Nonvested at January 1, 2021 16,228 $ 13.61 Granted 55,673 14.25 Vested (27,475) 14.63 Nonvested at September 30, 2021 44,426 13.78 Expected to vest assuming a 3% forfeiture rate over the vesting term 43,093 13.78

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	9 Months Ended
	Sep. 30, 2021
Equity [Abstract]
Accumulated Other Comprehensive Income	Accumulated Other Comprehensive Income The table below presents the changes in accumulated OCI after-tax for the three and nine months ended September 30, 2021 and 2020. Unrealized Gains and Losses on Available-for-Sale Securities Gains and Losses on Cash Flow Hedges Total (In thousands) Balance June 30, 2020 $ (582) $ (3,303) $ (3,885) Other comprehensive income before reclassifications 425 271 696 Amounts reclassified from accumulated other comprehensive income (14) — (14) Net other comprehensive income 411 271 682 Balance September 30, 2020 $ (171) $ (3,032) $ (3,203) Balance December 31, 2019 $ (1,707) $ 336 $ (1,371) Other comprehensive income (loss) before reclassifications 1,604 (3,368) (1,764) Amounts reclassified from accumulated other comprehensive income (68) — (68) Net other comprehensive income (loss) 1,536 (3,368) (1,832) Balance September 30, 2020 $ (171) $ (3,032) $ (3,203) Balance June 30, 2021 $ (26) $ (33) $ (59) Other comprehensive (loss) income before reclassifications (601) 437 (164) Net other comprehensive (loss) income (601) 437 (164) Balance September 30, 2021 $ (627) $ 404 $ (223) Balance December 31, 2020 $ 314 $ (2,232) $ (1,918) Other comprehensive (loss) income before reclassifications (941) 2,636 1,695 Net other comprehensive (loss) income (941) 2,636 1,695 Balance September 30, 2021 $ (627) $ 404 $ (223)

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2021
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, 2021 2020 2021 2020 (Dollars in thousands, except share data) Net income $ 3,199 $ 2,082 $ 9,507 $ 5,910 Less: Earnings allocated to participating securities (15) (3) (43) (9) Earnings allocated to common shareholders $ 3,184 $ 2,079 $ 9,464 $ 5,901 Basic weighted average common shares outstanding 9,314,456 9,661,498 9,412,196 9,788,397 Dilutive stock options 109,453 10,988 89,108 20,755 Dilutive restricted stock grants 22,793 3,081 12,861 2,450 Diluted weighted average common shares outstanding 9,446,702 9,675,567 9,514,165 9,811,602 Basic earnings per share $ 0.34 $ 0.22 $ 1.01 $ 0.60 Diluted earnings per share $ 0.34 $ 0.21 $ 0.99 $ 0.60 Potential dilutive shares are excluded from the computation of earnings per share if their effect is anti-dilutive. For the three and nine months ended September 30, 2021, there were no options to purchase shares of common stock that were omitted from the computation of diluted earnings per share because their effect would be anti-dilutive. For the three and nine months ended September 30, 2020, there were 228,000 and 203,000 options to purchase shares of common stock, respectively, omitted from the computation because their effect would be anti-dilutive.

Revenue Recognition

Revenue Recognition	9 Months Ended
	Sep. 30, 2021
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, 2021 and 2020: Three Months Ended Nine Months Ended September 30, 2021 September 30, 2020 September 30, 2021 September 30, 2020 (In thousands) Gain on sale of investments (1) $ — $ 18 $ — $ 86 BOLI income (1) 377 269 891 778 Wealth management revenue 64 145 391 493 Deposit related fees 75 76 221 222 Debit card and ATM fees 153 125 433 338 Loan related fees 300 376 714 846 Loan interest rate swap fees — — — 19 Other 30 2 86 7 Total noninterest income $ 999 $ 1,011 $ 2,736 $ 2,789 _______________ (1) Not within scope of Topic 606 For the three and nine months ended September 30, 2021 and 2020, 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. Fees are also earned on the prepayment of certain loans, and are recognized at the time the loan is paid off. 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, 2021
Subsequent Events [Abstract]
Subsequent Events	Subsequent EventsBetween November 3, 2021, and November 8, 2021, the Company repurchased 132,942 shares of common stock and completed a trade for 120,000 shares scheduled to settle on November 10, 2021, under the current stock repurchase plan that expires on February 15, 2022. These repurchases bring the total shares repurchased under this plan to 297,284 as of November 10, 2021, at an average price of $16.74 per share, leaving 178,716 shares available for repurchase.

Recently Issued Accounting Pr_2

Recently Issued Accounting Pronouncements (Policies)	9 Months Ended
	Sep. 30, 2021
Accounting Standards Update and Change in Accounting Principle [Abstract]
Recently Issued Accounting Pronouncements	Recent Accounting Pronouncements Adopted in 2021 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. The Company adopted this ASU in January 2021 with no material impact on its consolidated financial statements. In October 2020, the FASB issued ASU 2020-08, “Receivables – Nonrefundable Fees and Other Costs” (“ASU 2020-08”). ASU 2020-08 clarifies that the Company should reevaluate whether a callable debt security is within the scope of paragraph 310-20-35-33 for each reporting period. The Company adopted this ASU in January 2021 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. ASU No. 2021-06, Presentation of Financial Statements (Topic 205), Financial Services—Depository and Lending (Topic 942), and Financial Services—Investment Companies (Topic 946)

Investments (Tables)

Investments (Tables)	9 Months Ended
	Sep. 30, 2021
Investments [Abstract]
Available-for-sale Securities	Investments available-for-sale are summarized as follows at the dates indicated: September 30, 2021 Amortized Gross Gross Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 15,175 $ 276 $ (64) $ 15,387 Freddie Mac 13,083 166 (322) 12,927 Ginnie Mae 25,744 210 (120) 25,834 Other 5,673 93 (16) 5,750 Municipal bonds 39,545 732 (454) 39,823 U.S. Government agencies 48,165 109 (366) 47,908 Corporate bonds 30,003 632 (203) 30,432 Total $ 177,388 $ 2,218 $ (1,545) $ 178,061 December 31, 2020 Amortized Gross Gross Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 12,797 $ 491 $ — $ 13,288 Freddie Mac 4,116 200 — 4,316 Ginnie Mae 16,513 617 (3) 17,127 Other 10,691 100 (62) 10,729 Municipal bonds 16,483 963 — 17,446 U.S. Government agencies 41,084 88 (537) 40,635 Corporate bonds 24,001 221 (212) 24,010 Total $ 125,685 $ 2,680 $ (814) $ 127,551
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, 2021 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 $ 6,321 $ (64) $ — $ — $ 6,321 $ (64) Freddie Mac 7,953 (322) — — 7,953 (322) Ginnie Mae 15,753 (120) — — 15,753 (120) Other 1,909 (16) — — 1,909 (16) Municipal bonds 22,482 (454) — — 22,482 (454) U.S. Government agencies 6,687 (20) 23,006 (346) 29,693 (366) Corporate bonds 995 (5) 5,808 (198) 6,803 (203) Total $ 62,100 $ (1,001) $ 28,814 $ (544) $ 90,914 $ (1,545) December 31, 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 $ — $ — $ — $ — $ — $ — Freddie Mac — — — — — — Ginnie Mae — — 1,311 (3) 1,311 (3) Other — — 5,942 (62) 5,942 (62) Municipal bonds — — — — — — U.S. Government agencies 1,716 (11) 30,991 (526) 32,707 (537) Corporate bonds — — 5,794 (212) 5,794 (212) Total $ 1,716 $ (11) $ 44,038 $ (803) $ 45,754 $ (814)
Schedule of Available for sale Securities, Debt Maturities	The amortized cost and estimated fair value of investments available-for-sale at September 30, 2021, 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, 2021 Amortized Cost Fair Value (In thousands) Due within one year $ 398 $ 406 Due after one year through five years 8,546 8,605 Due after five years through ten years 26,713 27,145 Due after ten years 82,056 82,007 117,713 118,163 Mortgage-backed investments 59,675 59,898 Total $ 177,388 $ 178,061

Loans Receivable (Tables)

Loans Receivable (Tables)	9 Months Ended
	Sep. 30, 2021
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, 2021 December 31, 2020 (In thousands) One-to-four family residential: Permanent owner occupied $ 184,990 $ 206,323 Permanent non-owner occupied 197,686 175,637 382,676 381,960 Multifamily 143,806 136,694 Commercial real estate 392,356 385,265 Construction/land: One-to-four family residential 36,213 33,396 Multifamily 47,549 51,215 Commercial 6,189 5,783 Land 11,337 1,813 101,288 92,207 Business 54,748 80,663 Consumer 42,484 40,621 Total loans 1,117,358 1,117,410 Less: Deferred loan fees, net 632 1,654 ALLL 15,057 15,174 Loans receivable, net $ 1,101,669 $ 1,100,582
Financing Receivables, Summary of loans by type and risk category	As of September 30, 2021, and December 31, 2020, the Company had no loans rated as doubtful or loss. The following tables represent a summary of loans at September 30, 2021, and December 31, 2020 by type and risk category: September 30, 2021 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Risk Rating: Pass, grade 1-4 $ 380,824 $ 141,470 $ 328,622 $ 99,036 $ 54,748 $ 42,223 $ 1,046,923 Pass, grade 5 (watch) 917 2,336 31,602 2,252 — 34 37,141 Special mention 413 — 21,545 — — 227 22,185 Substandard 522 — 10,587 — — — 11,109 Total loans $ 382,676 $ 143,806 $ 392,356 $ 101,288 $ 54,748 $ 42,484 $ 1,117,358 December 31, 2020 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Risk Rating: Pass, grade 1-4 $ 376,918 $ 132,243 $ 316,955 $ 89,957 $ 80,208 $ 40,477 $ 1,036,758 Pass, grade 5 (watch) 3,914 2,347 52,375 2,250 455 144 61,485 Special mention 601 — 15,935 — — — 16,536 Substandard 527 2,104 — — — — 2,631 Total loans $ 381,960 $ 136,694 $ 385,265 $ 92,207 $ 80,663 $ 40,621 $ 1,117,410
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, 2021 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 2,992 $ 1,377 $ 5,914 $ 2,385 $ 1,133 $ 1,077 $ 14,878 Charge-offs — — — — — — — Recoveries 79 — — — — — 79 Provision (recapture) 99 9 127 (128) (135) 128 100 Ending balance $ 3,170 $ 1,386 $ 6,041 $ 2,257 $ 998 $ 1,205 $ 15,057 At or For the Nine Months Ended September 30, 2021 One-to-Four Multifamily Commercial Real Estate Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,181 $ 1,366 $ 6,127 $ 2,189 $ 1,242 $ 1,069 $ 15,174 Charge-offs — — — — — — — Recoveries 183 — — — — — 183 (Recapture) provision (194) 20 (86) 68 (244) 136 (300) Ending balance $ 3,170 $ 1,386 $ 6,041 $ 2,257 $ 998 $ 1,205 $ 15,057 ALLL by category: General reserve $ 3,148 $ 1,386 $ 6,041 $ 2,257 $ 998 $ 1,205 $ 15,035 Specific reserve 22 — — — — — 22 Loans: Total loans $ 382,676 $ 143,806 $ 392,356 $ 101,288 $ 54,748 $ 42,484 $ 1,117,358 Loans collectively evaluated for impairment 380,268 143,806 366,640 101,288 54,748 42,484 1,089,234 Loans individually evaluated for impairment 2,408 — 25,716 — — — 28,124 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 Charge-offs — — — — — — — 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 Real Estate Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,034 $ 1,607 $ 4,559 $ 2,222 $ 1,140 $ 656 $ 13,218 Charge-offs — — — — — — — 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 389,033 140,515 372,995 99,598 85,780 40,845 1,128,766 Loans individually evaluated for impairment 2,838 2,104 16,773 — — — 21,715
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, 2021 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 $ — $ — $ — $ — $ 184,990 $ 184,990 Non-owner occupied — — — — 197,686 197,686 Multifamily — — — — 143,806 143,806 Commercial real estate — — — — 392,356 392,356 Construction/land — — — 101,288 101,288 Total real estate — — — — 1,020,126 1,020,126 Business — — — — 54,748 54,748 Consumer 227 — — 227 42,257 42,484 Total loans $ 227 $ — $ — $ 227 $ 1,117,131 $ 1,117,358 ________________ (1) There were no loans 90 days and greater past due and still accruing interest at September 30, 2021. Loans Past Due as of December 31, 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 $ 77 $ — $ — $ 77 $ 206,246 $ 206,323 Non-owner occupied 159 — — 159 175,478 175,637 Multifamily — — 2,104 2,104 134,590 136,694 Commercial real estate — — — — 385,265 385,265 Construction/land — — — — 92,207 92,207 Total real estate 236 — 2,104 2,340 993,786 996,126 Business 275 — — 275 80,388 80,663 Consumer 38 — — 38 40,583 40,621 Total loans $ 549 $ — $ 2,104 $ 2,653 $ 1,114,757 $ 1,117,410 _________________ (1) There were no loans 90 days and greater past due and still accruing interest at December 31, 2020.
Schedule of non-accrual loans	The following table is a summary of nonaccrual loans by loan type at the dates indicated: September 30, 2021 December 31, 2020 (In thousands) Multifamily $ — $ 2,104 Total nonaccrual loans $ — $ 2,104
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, 2021 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Performing (1) $ 382,676 $ 143,806 $ 392,356 $ 101,288 $ 54,748 $ 42,484 $ 1,117,358 Nonperforming — — — — — — — Total loans $ 382,676 $ 143,806 $ 392,356 $ 101,288 $ 54,748 $ 42,484 $ 1,117,358 _____________ (1) There were $185.0 million of owner-occupied one-to-four family residential loans and $197.7 million of non-owner occupied one-to-four family residential loans classified as performing. December 31, 2020 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Performing (1) $ 381,960 $ 134,590 $ 385,265 $ 92,207 $ 80,663 $ 40,621 $ 1,115,306 Nonperforming — 2,104 — — — — 2,104 Total loans $ 381,960 $ 136,694 $ 385,265 $ 92,207 $ 80,663 $ 40,621 $ 1,117,410 _____________ (1) There were $206.3 million of owner-occupied one-to-four family residential loans and $175.6 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, 2021 Recorded Investment (1) Unpaid Principal Balance (2) Related Allowance (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 180 $ 189 $ — Non-owner occupied 922 922 — Commercial real estate 25,716 25,716 — Total 26,818 26,827 — Loans with an allowance: One-to-four family residential: Owner occupied 496 543 21 Non-owner occupied 810 810 1 Total 1,306 1,353 22 Total impaired loans: One-to-four family residential: Owner occupied 676 732 21 Non-owner occupied 1,732 1,732 1 Commercial real estate 25,716 25,716 — Total $ 28,124 $ 28,180 $ 22 _________________ (1) Represents the loan balance less charge-offs. (2) Contractual loan principal balance. December 31, 2020 Recorded Investment (1) Unpaid Principal Balance (2) Related Allowance (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 274 $ 365 $ — Non-owner occupied 1,031 1,031 — Multifamily 2,104 2,104 — Commercial real estate 16,669 16,669 — Total 20,078 20,169 — Loans with an allowance: One-to-four family residential: Owner occupied 502 549 6 Non-owner occupied 820 820 2 Total 1,322 1,369 8 Total impaired loans: One-to-four family residential: Owner occupied 776 914 6 Non-owner occupied 1,851 1,851 2 Multifamily 2,104 2,104 — Commercial real estate 16,669 16,669 — Total $ 21,400 $ 21,538 $ 8 _________________ (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, 2021 and 2020: Three Months Ended September 30, 2021 Nine Months Ended September 30, 2021 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 $ 181 $ 3 $ 227 $ 9 Non-owner occupied 926 16 955 47 Multifamily — — 1,035 — Commercial real estate 26,356 192 21,485 662 Total 27,463 211 23,702 718 Loans with an allowance: One-to-four family residential: Owner occupied 497 7 499 24 Non-owner occupied 812 13 815 39 Total 1,309 20 1,314 63 Total impaired loans: One-to-four family residential: Owner occupied 678 10 726 33 Non-owner occupied 1,738 29 1,770 86 Multifamily — — 1,035 — Commercial real estate 26,356 192 21,485 662 Total $ 28,772 $ 231 $ 25,016 $ 781
Troubled Debt Restructurings on Financing Receivables	There were no TDR modifications during the three and nine months ended September 30, 2020. Three Months Ended September 30, 2021 Nine Months Ended September 30, 2021 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) (Dollars in thousands) One-to-four family residential Advancement of maturity date 3 1,355 1,355 3 1,355 1,355 Commercial real estate: Advancement of maturity date — $ — $ — 1 $ 1,241 $ 1,241 Total 3 $ 1,355 $ 1,355 4 $ 2,596 $ 2,596

Other Real Estate Owned (Tables

Other Real Estate Owned (Tables)	9 Months Ended
	Sep. 30, 2021
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, 2021 2020 2021 2020 (In thousands) (In thousands) Balance at beginning of period $ 454 $ 454 $ 454 $ 454 Net proceeds from sale of OREO (247) — (247) — Loss on sale of OREO (207) — (207) — Balance at end of period $ — $ 454 $ — $ 454

Fair Value (Tables)

Fair Value (Tables)	9 Months Ended
	Sep. 30, 2021
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, 2021 and December 31, 2020: Fair Value Measurements at September 30, 2021 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 $ 15,387 $ — $ 15,387 $ — Freddie Mac 12,927 746 12,181 — Ginnie Mae 25,834 — 25,834 — Other 5,750 — 5,750 — Municipal bonds 39,823 — 39,823 — U.S. Government agencies 47,908 — 47,908 — Corporate bonds 30,432 — 30,432 — Total available-for-sale investments 178,061 746 177,315 — Derivative fair value asset 511 — 511 — Total $ 178,572 $ 746 $ 177,826 — Fair Value Measurements at December 31, 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 $ 13,288 $ — $ 13,288 $ — Freddie Mac 4,316 — 4,316 — Ginnie Mae 17,127 — 17,127 — Other 10,729 — 10,729 — Municipal bonds 17,446 — 17,446 — U.S. Government agencies 40,635 — 40,635 — Corporate bonds 24,010 — 24,010 — Total available-for-sale investments $ 127,551 $ — $ 127,551 — Liabilities: Derivative fair value liability $ 2,825 $ — $ 2,825 $ —
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, 2021, and December 31, 2020: Fair Value Measurements at September 30, 2021 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans receivable, net) (1) $ 28,102 $ — $ — $ 28,102 OREO — — — — Total $ 28,102 $ — $ — $ 28,102 _____________ (1) Total fair value of impaired loans is net of $22,000 of specific reserves on performing TDRs. Fair Value Measurements at December 31, 2020 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans receivable, net) (1) $ 21,392 $ — $ — $ 21,392 OREO 454 — — 454 Total $ 21,846 $ — $ — $ 21,846 _____________ (1) Total fair value of impaired loans is net of $8,000 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, 2021 and December 31, 2020: September 30, 2021 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 28,102 Market approach Expected values of future cash flows 0.0% (0.0%) OREO $ — Market approach Estimated selling price less selling costs 0.0% (0.0%) December 31, 2020 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 21,392 Market approach Expected values of future cash flows 0.0% (0.0%) OREO $ 454 Market approach Estimated selling price 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, 2021 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 $ 7,243 $ 7,243 $ 7,243 $ — $ — Interest-earning deposits with banks 71,869 71,869 71,869 — — Investments available-for-sale 178,061 178,061 746 177,315 — Investments held-to-maturity 2,425 2,425 — 2,425 — Loans receivable, net 1,101,669 1,103,924 — — 1,103,924 FHLB stock 6,465 6,465 — 6,465 — Accrued interest receivable 5,681 5,681 — 5,681 — Derivative fair value asset 511 511 — 511 — Financial Liabilities: Deposits 840,007 840,007 840,007 — — Certificates of deposit, retail 301,729 305,381 — 305,381 — Advances from the FHLB 120,000 120,003 — 120,003 — Accrued interest payable 206 206 — 206 — December 31, 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 $ 7,995 $ 7,995 $ 7,995 $ — $ — Interest-earning deposits with banks 72,494 72,494 72,494 — — Investments available-for-sale 127,551 127,551 — 127,551 — Investments held-to-maturity 2,418 2,418 — 2,418 — Loans receivable, net 1,100,582 1,101,559 — — 1,101,559 FHLB stock 6,410 6,410 — 6,410 — Accrued interest receivable 5,508 5,508 — 5,508 — Financial Liabilities: Deposits 684,057 684,057 684,057 — — Certificates of deposit, retail 409,576 418,118 — 418,118 — Advances from the FHLB 120,000 120,006 — 120,006 — Accrued interest payable 211 211 — 211 — Derivative fair value liability 2,825 2,825 — 2,825 —

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2021
Leases [Abstract]
Components of Operating Leases	The following table includes details on these items at and for the three and nine months ended September 30, 2021, and 2020. September 30, 2021 September 30, 2020 (dollars in thousands) Lease expense, quarter-to-date $ 276 $ 226 Lease expense, year-to-date 794 669 Right-of-use asset 3,838 3,834 Lease liability 3,994 3,942 Weighted average remaining term, years 6.4 years 4.3 years Weighted average discount rate 1.91 % 2.13 %
Maturity of Leases	The following table provides a reconciliation between the undiscounted minimum lease payments at September 30, 2021 and the discounted lease liability at that date: September 30, 2021 (in thousands) Due through one year $ 835 Due after one year through two years 769 Due after two years through three years 645 Due after three years through four years 557 Due after four years through five years 373 Due after five years 1,074 Total minimum lease payments 4,253 Less: present value discount 259 Lease liability $ 3,994

Derivatives (Tables)

Derivatives (Tables)	9 Months Ended
	Sep. 30, 2021
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, 2021 and December 31, 2020: Balance Sheet Location Fair Value at Fair Value at (In thousands) Interest rate swaps on FHLB debt Other Assets/(Other Liabilities) $ 511 $ (2,825)
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 $ 437 $ 271 $ 2,636 $ (3,368)

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2021
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, 2021, follows: For the Three Months Ended September 30, 2021 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, 2021 309,000 $ 10.33 $ 1,473,070 $ 3.68 Exercised (2,000) 10.77 11,120 4.16 Outstanding at September 30, 2021 307,000 10.33 2.22 1,854,300 3.68 Vested and expected to vest assuming a 3% forfeiture rate over the vesting term 307,000 10.33 2.22 1,854,300 3.68 Exercisable at September 30, 2021 307,000 10.33 2.22 1,854,300 3.68 For the Nine Months Ended September 30, 2021 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, 2021 313,000 $ 10.34 $ 397,890 $ 3.69 Exercised (6,000) $ 10.77 23,500 $ 4.16 Outstanding at September 30, 2021 307,000 10.33 2.22 1,854,300 3.68 Vested and expected to vest assuming a 3% forfeiture rate over the vesting term 307,000 10.33 2.22 1,854,300 3.68 Exercisable at September 30, 2021 307,000 10.33 2.22 1,854,300 3.68
Nonvested Restricted Stock Shares Activity	A summary of changes in nonvested restricted stock awards for the three and nine months ended September 30, 2021, follows: For the Three Months Ended September 30, 2021 Shares Weighted-Average Nonvested at July 1, 2021 44,426 $ 13.78 Granted 10,080 16.37 Vested (10,080) 16.37 Nonvested at September 30, 2021 44,426 13.78 Expected to vest assuming a 3% forfeiture rate over the vesting term 43,093 13.78 For the Nine Months Ended September 30, 2021 Shares Weighted-Average Nonvested at January 1, 2021 16,228 $ 13.61 Granted 55,673 14.25 Vested (27,475) 14.63 Nonvested at September 30, 2021 44,426 13.78 Expected to vest assuming a 3% forfeiture rate over the vesting term 43,093 13.78

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Tables)	9 Months Ended
	Sep. 30, 2021
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The table below presents the changes in accumulated OCI after-tax for the three and nine months ended September 30, 2021 and 2020. Unrealized Gains and Losses on Available-for-Sale Securities Gains and Losses on Cash Flow Hedges Total (In thousands) Balance June 30, 2020 $ (582) $ (3,303) $ (3,885) Other comprehensive income before reclassifications 425 271 696 Amounts reclassified from accumulated other comprehensive income (14) — (14) Net other comprehensive income 411 271 682 Balance September 30, 2020 $ (171) $ (3,032) $ (3,203) Balance December 31, 2019 $ (1,707) $ 336 $ (1,371) Other comprehensive income (loss) before reclassifications 1,604 (3,368) (1,764) Amounts reclassified from accumulated other comprehensive income (68) — (68) Net other comprehensive income (loss) 1,536 (3,368) (1,832) Balance September 30, 2020 $ (171) $ (3,032) $ (3,203) Balance June 30, 2021 $ (26) $ (33) $ (59) Other comprehensive (loss) income before reclassifications (601) 437 (164) Net other comprehensive (loss) income (601) 437 (164) Balance September 30, 2021 $ (627) $ 404 $ (223) Balance December 31, 2020 $ 314 $ (2,232) $ (1,918) Other comprehensive (loss) income before reclassifications (941) 2,636 1,695 Net other comprehensive (loss) income (941) 2,636 1,695 Balance September 30, 2021 $ (627) $ 404 $ (223)

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2021
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, 2021 2020 2021 2020 (Dollars in thousands, except share data) Net income $ 3,199 $ 2,082 $ 9,507 $ 5,910 Less: Earnings allocated to participating securities (15) (3) (43) (9) Earnings allocated to common shareholders $ 3,184 $ 2,079 $ 9,464 $ 5,901 Basic weighted average common shares outstanding 9,314,456 9,661,498 9,412,196 9,788,397 Dilutive stock options 109,453 10,988 89,108 20,755 Dilutive restricted stock grants 22,793 3,081 12,861 2,450 Diluted weighted average common shares outstanding 9,446,702 9,675,567 9,514,165 9,811,602 Basic earnings per share $ 0.34 $ 0.22 $ 1.01 $ 0.60 Diluted earnings per share $ 0.34 $ 0.21 $ 0.99 $ 0.60

Revenue Recognition (Tables)

Revenue Recognition (Tables)	9 Months Ended
	Sep. 30, 2021
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, 2021 and 2020: Three Months Ended Nine Months Ended September 30, 2021 September 30, 2020 September 30, 2021 September 30, 2020 (In thousands) Gain on sale of investments (1) $ — $ 18 $ — $ 86 BOLI income (1) 377 269 891 778 Wealth management revenue 64 145 391 493 Deposit related fees 75 76 221 222 Debit card and ATM fees 153 125 433 338 Loan related fees 300 376 714 846 Loan interest rate swap fees — — — 19 Other 30 2 86 7 Total noninterest income $ 999 $ 1,011 $ 2,736 $ 2,789 _______________ (1) Not within scope of Topic 606

Investments_ Available-for-sale

Investments: Available-for-sale Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	$ 177,388	$ 125,685
Gross Unrealized Gains	2,218	2,680
Gross Unrealized Losses	(1,545)	(814)
Fair Value	178,061	127,551
Mortgage-backed investments, Fannie Mae
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	15,175	12,797
Gross Unrealized Gains	276	491
Gross Unrealized Losses	(64)	0
Fair Value	15,387	13,288
Mortgage-backed investments, Freddie Mac
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	13,083	4,116
Gross Unrealized Gains	166	200
Gross Unrealized Losses	(322)	0
Fair Value	12,927	4,316
Mortgage backed investments Ginnie Mae
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	25,744	16,513
Gross Unrealized Gains	210	617
Gross Unrealized Losses	(120)	(3)
Fair Value	25,834	17,127
Other
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	5,673	10,691
Gross Unrealized Gains	93	100
Gross Unrealized Losses	(16)	(62)
Fair Value	5,750	10,729
Municipal bonds
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	39,545	16,483
Gross Unrealized Gains	732	963
Gross Unrealized Losses	(454)	0
Fair Value	39,823	17,446
U.S. Government agencies
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	48,165	41,084
Gross Unrealized Gains	109	88
Gross Unrealized Losses	(366)	(537)
Fair Value	47,908	40,635
Corporate bonds
Debt Securities, Available-for-sale [Line Items]
Amortized Cost	30,003	24,001
Gross Unrealized Gains	632	221
Gross Unrealized Losses	(203)	(212)
Fair Value	$ 30,432	$ 24,010

Investments_ Schedule of Availa

Investments: Schedule of Available for sale Securities in Continuous Unrealized Loss positions (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Fair Value
Less Than 12 Months	$ 62,100	$ 1,716
12 Months or Longer	28,814	44,038
Total	90,914	45,754
Gross Unrealized Loss
Less Than 12 Months	(1,001)	(11)
12 Months or Longer	(544)	(803)
Total	(1,545)	(814)
Mortgage-backed investments, Fannie Mae
Fair Value
Less Than 12 Months	6,321	0
12 Months or Longer	0	0
Total	6,321	0
Gross Unrealized Loss
Less Than 12 Months	(64)	0
12 Months or Longer	0	0
Total	(64)	0
Mortgage-backed investments, Freddie Mac
Fair Value
Less Than 12 Months	7,953	0
12 Months or Longer	0	0
Total	7,953	0
Gross Unrealized Loss
Less Than 12 Months	(322)	0
12 Months or Longer	0	0
Total	(322)	0
Mortgage backed investments Ginnie Mae
Fair Value
Less Than 12 Months	15,753	0
12 Months or Longer	0	1,311
Total	15,753	1,311
Gross Unrealized Loss
Less Than 12 Months	(120)	0
12 Months or Longer	0	(3)
Total	(120)	(3)
Other
Fair Value
Less Than 12 Months	1,909	0
12 Months or Longer	0	5,942
Total	1,909	5,942
Gross Unrealized Loss
Less Than 12 Months	(16)	0
12 Months or Longer	0	(62)
Total	(16)	(62)
Municipal bonds
Fair Value
Less Than 12 Months	22,482	0
12 Months or Longer	0	0
Total	22,482	0
Gross Unrealized Loss
Less Than 12 Months	(454)	0
12 Months or Longer	0	0
Total	(454)	0
U.S. Government agencies
Fair Value
Less Than 12 Months	6,687	1,716
12 Months or Longer	23,006	30,991
Total	29,693	32,707
Gross Unrealized Loss
Less Than 12 Months	(20)	(11)
12 Months or Longer	(346)	(526)
Total	(366)	(537)
Corporate bonds
Fair Value
Less Than 12 Months	995	0
12 Months or Longer	5,808	5,794
Total	6,803	5,794
Gross Unrealized Loss
Less Than 12 Months	(5)	0
12 Months or Longer	(198)	(212)
Total	$ (203)	$ (212)

Investments_ Narrative (Details

Investments: Narrative (Details)	1 Months Ended	3 Months Ended		9 Months Ended
	Jan. 31, 2020USD ($)	Sep. 30, 2021USD ($)securities	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)securities	Sep. 30, 2020USD ($)	Dec. 31, 2020USD ($)securities
Investments [Abstract]
Securities in unrealized loss position | securities		49		49		20
Securities in unrealized loss position for 12 months or more | securities		13		13		18
Investments pledged as collateral for FHLB advances		50.00%		50.00%
Investments pledged as collateral for public deposits		$ 21,500,000		$ 21,500,000		$ 23,400,000
Proceeds from sales, calls and maturities of investments available-for-sale		0	$ 2,500,000	10,000,000	$ 12,082,000
Gain on sale of investments available-for-sale		0	$ 18,000	0	86,000
Payments to Acquire Marketable Securities	$ 2,400,000			76,130,000	$ 9,050,000
Investments held-to-maturity		$ 2,425,000		$ 2,425,000		$ 2,418,000

Investments_ Schedule of Avai_2

Investments: Schedule of Available for sale Securities, Debt Maturities (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Investments [Abstract]
Due after one year through five years, Amortized Cost	$ 8,546
Due after five years through ten years, Amortized Cost	26,713
Due after ten years, Amortized Cost	82,056
Debt Securities, Amortized Cost Total	117,713
Mortgage-backed investments, Amortized Cost	59,675
Amortized Cost	177,388	$ 125,685
Due after one year through five years, Fair Value	8,605
Due after five years through ten years, Fair Value	27,145
Due after ten years, Fair Value	82,007
Debt maturities, Fair Value	118,163
Mortgage-backed investments, Fair Value	59,898
Fair Value	178,061	$ 127,551
Due within one year, Amortized Cost	398
Due within one year, Fair Value	$ 406

Loans Receivable - Schedule of

Loans Receivable - Schedule of Accounts, Notes, Loans and Financing Receivable (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	$ 1,117,358	$ 1,117,410
Deferred loan fees, net	632	1,654
ALLL	15,057	15,174
Loans receivable, net	1,101,669	1,100,582
One-to-four family, residential, owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	184,990	206,323
One to four family residential non owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	197,686	175,637
One to Four Family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	382,676	381,960
Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	143,806	136,694
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	392,356	385,265
Construction/Land Development One-to-four family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	36,213	33,396
Construction Land Development Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	47,549	51,215
Construction Land Development Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	6,189	5,783
Construction Land Development Land Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	11,337	1,813
Construction/  Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	101,288	92,207
Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	54,748	80,663
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	$ 42,484	$ 40,621

Loans Receivable - Narrative (D

Loans Receivable - Narrative (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)loan	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)loan	Sep. 30, 2020USD ($)	Jun. 30, 2021USD ($)	May 31, 2021USD ($)	Dec. 31, 2020USD ($)loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	$ 1,117,358,000		$ 1,117,358,000				$ 1,117,410,000
Number of loans past due | loan	2		2				5
Ratio of nonperforming loans to all loans	0.02%		0.02%				0.24%
Nonaccrual loans	$ 0		$ 0				$ 2,104,000
Loans and leases receivable, impaired, interest lost on nonaccrual loans		$ 24,000		$ 58,000
Proceeds from interest received			288,000
Commitments to advance funds	0		0				0
Troubled debt restructuring loans	2,400,000		2,400,000				3,900,000
Commitment to extend additional credit	0		0
Charge to allowance for loan and lease losses	0	0	0	0
Loans receivable, net	1,101,669,000		1,101,669,000				1,100,582,000
Troubled debt restructuring, subsequent default	0	0	0	0
Granted Short Term Deferrals Under CARES Act
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, net	20,100,000		20,100,000
PPP Loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, net	22,400,000		22,400,000
Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	392,356,000		392,356,000				385,265,000
Impaired financing receivable, related allowance	0	0	0	0			0
Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	143,806,000		143,806,000				136,694,000
Impaired financing receivable, related allowance	0	$ 0	0	$ 0			0
Nonaccrual loans	0		0			$ 2,000,000	2,104,000
Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	11,109,000		11,109,000				2,631,000
Special mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	22,185,000		22,185,000				16,536,000
Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	392,356,000		392,356,000				385,265,000
Commercial Real Estate | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	10,587,000		10,587,000		$ 10,500,000		0
Commercial Real Estate | Special mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	21,545,000		21,545,000				15,935,000
Commercial Real Estate 1, Hostel Business | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	6,600,000		6,600,000
Commercial Real Estate 1, Facility Housing Bowling, Roller Skating and Restaurant Operations | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	4,000,000		4,000,000
Federal Reserve Bank
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans pledged as collateral	139,800,000		139,800,000				127,100,000
FHLB of Des Moines
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans pledged as collateral	$ 543,400,000		$ 543,400,000				$ 720,800,000

Loans Receivable - Financing Re

Loans Receivable - Financing Receivables, Summary of loans by type and risk category (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	$ 1,117,358		$ 1,117,410
Pass, grade 1-4
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	1,046,923		1,036,758
Pass, grade 5 (watch)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	37,141		61,485
Special mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	22,185		16,536
Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	11,109		2,631
One-to-Four Family Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	382,676		381,960
One-to-Four Family Residential | Pass, grade 1-4
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	380,824		376,918
One-to-Four Family Residential | Pass, grade 5 (watch)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	917		3,914
One-to-Four Family Residential | Special mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	413		601
One-to-Four Family Residential | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	522		527
Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	143,806		136,694
Multifamily | Pass, grade 1-4
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	141,470		132,243
Multifamily | Pass, grade 5 (watch)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	2,336		2,347
Multifamily | Special mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0		0
Multifamily | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0		2,104
Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	392,356		385,265
Commercial Real Estate | Pass, grade 1-4
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	328,622		316,955
Commercial Real Estate | Pass, grade 5 (watch)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	31,602		52,375
Commercial Real Estate | Special mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	21,545		15,935
Commercial Real Estate | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	10,587	$ 10,500	0
Construction/  Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	101,288		92,207
Construction/  Land | Pass, grade 1-4
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	99,036		89,957
Construction/  Land | Pass, grade 5 (watch)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	2,252		2,250
Construction/  Land | Special mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0		0
Construction/  Land | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0		0
Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	54,748		80,663
Business | Pass, grade 1-4
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	54,748		80,208
Business | Pass, grade 5 (watch)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0		455
Business | Special mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0		0
Business | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0		0
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	42,484		40,621
Consumer | Pass, grade 1-4
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	42,223		40,477
Consumer | Pass, grade 5 (watch)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	34		144
Consumer | Special mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	227		0
Consumer | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	$ 0		$ 0

Loans Receivable - Schedule o_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, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Allowance	$ 15,057		$ 15,057		$ 15,174
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance			15,174
(Recapture of provision) provision for loan losses			(300)
(Recapture) provision	100	$ 700		$ 1,300
Loans and Leases Receivable, Allowance, Ending Balance	15,057		15,057
One-to-Four Family Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Allowance	3,170	3,225	3,170	3,225	3,181
Impaired financing receivable, related allowance	22	12	22	12
Total Loans	382,676	391,871	382,676	391,871
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	2,992	3,134	3,181	3,034
Recoveries	79	2	183	20
(Recapture of provision) provision for loan losses			(194)
(Recapture) provision	99	89		171
Loans and Leases Receivable, Allowance, Ending Balance	3,170	3,225	3,170	3,225
Loans collectively evaluated for impairment	380,268	389,033	380,268	389,033
Loans individually evaluated for impairment	2,408	2,838	2,408	2,838
One-to-Four Family Residential | General reserve
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Allowance	3,148	3,213	3,148	3,213
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	3,148	3,213	3,148	3,213
Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Allowance	1,386	1,394	1,386	1,394	1,366
Impaired financing receivable, related allowance	0	0	0	0	0
Total Loans	143,806	142,619	143,806	142,619
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	1,377	1,559	1,366	1,607
Recoveries	0	0	0	0
(Recapture of provision) provision for loan losses		(165)		(213)
(Recapture) provision	9		20
Loans and Leases Receivable, Allowance, Ending Balance	1,386	1,394	1,386	1,394
Loans collectively evaluated for impairment	143,806	140,515	143,806	140,515
Loans individually evaluated for impairment	0	2,104	0	2,104
Multifamily | General reserve
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Allowance	1,386	1,394	1,386	1,394
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	1,386	1,394	1,386	1,394
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Allowance	6,041	5,501	6,041	5,501	6,127
Impaired financing receivable, related allowance	0	0	0	0	0
Total Loans	392,356	389,768	392,356	389,768
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	5,914	4,849	6,127	4,559
Recoveries	0	30	0	30
(Recapture of provision) provision for loan losses			(86)
(Recapture) provision	127	622		912
Loans and Leases Receivable, Allowance, Ending Balance	6,041	5,501	6,041	5,501
Loans collectively evaluated for impairment	366,640	372,995	366,640	372,995
Loans individually evaluated for impairment	25,716	16,773	25,716	16,773
Commercial real estate | General reserve
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Allowance	6,041	5,501	6,041	5,501
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	6,041	5,501	6,041	5,501
Construction/  Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Allowance	2,257	2,365	2,257	2,365	2,189
Impaired financing receivable, related allowance	0	0	0	0
Total Loans	101,288	99,598	101,288	99,598
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	2,385	2,257	2,189	2,222
Recoveries	0	0	0	0
(Recapture of provision) provision for loan losses	(128)
(Recapture) provision		108	68	143
Loans and Leases Receivable, Allowance, Ending Balance	2,257	2,365	2,257	2,365
Loans collectively evaluated for impairment	101,288	99,598	101,288	99,598
Loans individually evaluated for impairment	0	0	0	0
Construction/  Land | General reserve
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Allowance	2,257	2,365	2,257	2,365
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	2,257	2,365	2,257	2,365
Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Allowance	998	1,044	998	1,044	1,242
Impaired financing receivable, related allowance	0	0	0	0
Total Loans	54,748	85,780	54,748	85,780
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	1,133	1,065	1,242	1,140
Recoveries	0	0	0	0
(Recapture of provision) provision for loan losses	(135)	(21)	(244)	(96)
Loans and Leases Receivable, Allowance, Ending Balance	998	1,044	998	1,044
Loans collectively evaluated for impairment	54,748	85,780	54,748	85,780
Loans individually evaluated for impairment	0	0	0	0
Business | General reserve
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Allowance	998	1,044	998	1,044
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	998	1,044	998	1,044
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Allowance	1,205	1,039	1,205	1,039	1,069
Impaired financing receivable, related allowance	0	0	0	0
Total Loans	42,484	40,845	42,484	40,845
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	1,077	972	1,069	656
Recoveries	0	0	0	0
(Recapture) provision	128	67	136	383
Loans and Leases Receivable, Allowance, Ending Balance	1,205	1,039	1,205	1,039
Loans collectively evaluated for impairment	42,484	40,845	42,484	40,845
Loans individually evaluated for impairment	0	0	0	0
Consumer | General reserve
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Allowance	1,205	1,039	1,205	1,039
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	1,205	1,039	1,205	1,039
Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Allowance	15,057	14,568	15,057	14,568	15,174
Impaired financing receivable, related allowance	22	12	22	12	$ 8
Total Loans	1,117,358	1,150,481	1,117,358	1,150,481
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	14,878	13,836	15,174	13,218
Recoveries	79	32	183	50
(Recapture of provision) provision for loan losses			(300)
(Recapture) provision	100	700		1,300
Loans and Leases Receivable, Allowance, Ending Balance	15,057	14,568	15,057	14,568
Loans collectively evaluated for impairment	1,089,234	1,128,766	1,089,234	1,128,766
Loans individually evaluated for impairment	28,124	21,715	28,124	21,715
Property total | General reserve
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Allowance	15,035	14,556	15,035	14,556
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	$ 15,035	$ 14,556	$ 15,035	$ 14,556

Loans Receivable - Financing _2

Loans Receivable - Financing Receivables, Aging of loans (Details) - USD ($)	Sep. 30, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	$ 1,117,358,000	$ 1,117,410,000
Financing Receivable, 90 Days or More Past Due, Still Accruing	0	0
One-to-four family, residential, owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	184,990,000	206,323,000
One to four family residential non owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	197,686,000	175,637,000
Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	143,806,000	136,694,000
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	392,356,000	385,265,000
Construction/  Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	101,288,000	92,207,000
Total real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	1,020,126,000	996,126,000
Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	54,748,000	80,663,000
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	42,484,000	40,621,000
Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	1,117,358,000	1,117,410,000
Financial Asset, 30 to 59 Days Past Due | One-to-four family, residential, owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	77,000
Financial Asset, 30 to 59 Days Past Due | One to four family residential non owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	159,000
Financial Asset, 30 to 59 Days Past Due | Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, 30 to 59 Days Past Due | Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, 30 to 59 Days Past Due | Construction/  Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, 30 to 59 Days Past Due | Total real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	236,000
Financial Asset, 30 to 59 Days Past Due | Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	275,000
Financial Asset, 30 to 59 Days Past Due | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	227,000	38,000
Financial Asset, 30 to 59 Days Past Due | Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	227,000	549,000
Financial Asset, 60 to 89 Days Past Due | One-to-four family, residential, owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, 60 to 89 Days Past Due | One to four family residential non owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, 60 to 89 Days Past Due | Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, 60 to 89 Days Past Due | Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, 60 to 89 Days Past Due | Construction/  Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss		0
Financial Asset, 60 to 89 Days Past Due | Total real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, 60 to 89 Days Past Due | Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, 60 to 89 Days Past Due | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, 60 to 89 Days Past Due | Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due | One-to-four family, residential, owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due | One to four family residential non owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	2,104,000
Financial Asset, Equal to or Greater than 90 Days Past Due | Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Construction/  Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Total real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	2,104,000
Financial Asset, Equal to or Greater than 90 Days Past Due | Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	2,104,000
Financial Asset, Past Due | One-to-four family, residential, owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	77,000
Financial Asset, Past Due | One to four family residential non owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	159,000
Financial Asset, Past Due | Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	2,104,000
Financial Asset, Past Due | Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, Past Due | Construction/  Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, Past Due | Total real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	2,340,000
Financial Asset, Past Due | Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	275,000
Financial Asset, Past Due | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	227,000	38,000
Financial Asset, Past Due | Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	227,000	2,653,000
Financial Asset, Not Past Due | One-to-four family, residential, owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	184,990,000	206,246,000
Financial Asset, Not Past Due | One to four family residential non owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	197,686,000	175,478,000
Financial Asset, Not Past Due | Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	143,806,000	134,590,000
Financial Asset, Not Past Due | Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	392,356,000	385,265,000
Financial Asset, Not Past Due | Construction/  Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	101,288,000	92,207,000
Financial Asset, Not Past Due | Total real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	1,020,126,000	993,786,000
Financial Asset, Not Past Due | Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	54,748,000	80,388,000
Financial Asset, Not Past Due | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	42,257,000	40,583,000
Financial Asset, Not Past Due | Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	$ 1,117,131,000	$ 1,114,757,000

Loans Receivable - Schedule o_3

Loans Receivable - Schedule of non accrual loans by type (Details) - USD ($) $ in Thousands	Sep. 30, 2021	May 31, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	$ 0		$ 2,104
Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Nonaccrual loans	$ 0	$ 2,000	$ 2,104

Loans Receivable - Financing _3

Loans Receivable - Financing Receivables, Summary of loans by type and payment activity (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	$ 1,117,358	$ 1,117,410
One-to-Four Family Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	382,676	381,960
One-to-Four Family Residential | Performing Financing Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	382,676	381,960
One-to-Four Family Residential | Nonperforming Financing Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	143,806	136,694
Multifamily | Performing Financing Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	143,806	134,590
Multifamily | Nonperforming Financing Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	2,104
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	392,356	385,265
Commercial real estate | Performing Financing Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	392,356	385,265
Commercial real estate | Nonperforming Financing Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Construction/  Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	101,288	92,207
Construction/  Land | Performing Financing Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	101,288	92,207
Construction/  Land | Nonperforming Financing Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	54,748	80,663
Business | Performing Financing Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	54,748	80,663
Business | Nonperforming Financing Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	42,484	40,621
Consumer | Performing Financing Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	42,484	40,621
Consumer | Nonperforming Financing Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	1,117,358	1,117,410
Property total | Performing Financing Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	1,117,358	1,115,306
Property total | Nonperforming Financing Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	2,104
One-to-four family, residential, owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	184,990	206,323
One-to-four family, residential, owner occupied | Performing Financing Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	185,000	206,300
One to four family residential non owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	197,686	175,637
One to four family residential non owner occupied | Performing Financing Receivable
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	$ 197,700	$ 175,600

Loans Receivable - Schedule o_4

Loans Receivable - Schedule of Impaired Financing Receivables (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020	Sep. 30, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, Recorded Investment	$ 28,102	$ 21,392
One-to-four family, residential, owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	180	274
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	189	365
Impaired Financing Receivable, with Related Allowance, Recorded Investment	496	502
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	543	549
Impaired financing receivable, related allowance	21	6
Impaired Financing Receivable, Recorded Investment	676	776
Impaired Financing Receivable, Unpaid Principal Balance	732	914
One to four family residential non owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	922	1,031
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	922	1,031
Impaired Financing Receivable, with Related Allowance, Recorded Investment	810	820
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	810	820
Impaired financing receivable, related allowance	1	2
Impaired Financing Receivable, Recorded Investment	1,732	1,851
Impaired Financing Receivable, Unpaid Principal Balance	1,732	1,851
Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment		2,104
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance		2,104
Impaired financing receivable, related allowance	0	0	$ 0
Impaired Financing Receivable, Recorded Investment		2,104
Impaired Financing Receivable, Unpaid Principal Balance		2,104
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	25,716	16,669
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	25,716	16,669
Impaired financing receivable, related allowance	0	0	0
Impaired Financing Receivable, Recorded Investment	25,716	16,669
Impaired Financing Receivable, Unpaid Principal Balance	25,716	16,669
Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	26,818	20,078
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	26,827	20,169
Impaired Financing Receivable, with Related Allowance, Recorded Investment	1,306	1,322
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	1,353	1,369
Impaired financing receivable, related allowance	22	8	$ 12
Impaired Financing Receivable, Recorded Investment	28,124	21,400
Impaired Financing Receivable, Unpaid Principal Balance	$ 28,180	$ 21,538

Loans Receivable - Schedule o_5

Loans Receivable - Schedule of Impaired Financing Receivables, Average Recorded Investment and Interest Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	$ 27,463	$ 20,423	$ 23,702	$ 19,848
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	211	210	718	725
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	1,309	1,466	1,314	1,806
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	20	22	63	68
Impaired Financing Receivable, Average Recorded Investment	28,772	21,889	25,016	21,654
Impaired Financing Receivable, Interest Income, Accrual Method	231	232	781	793
One-to-four family, residential, owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	181	381	227	407
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	3	2	9	15
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	497	502	499	503
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	7	7	24	23
Impaired Financing Receivable, Average Recorded Investment	678	883	726	910
Impaired Financing Receivable, Interest Income, Accrual Method	10	9	33	38
One to four family residential non owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	926	1,115	955	1,251
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	16	17	47	52
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	812	964	815	1,303
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	13	15	39	45
Impaired Financing Receivable, Average Recorded Investment	1,738	2,079	1,770	2,554
Impaired Financing Receivable, Interest Income, Accrual Method	29	32	86	97
Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	0	2,104	1,035	2,104
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	0	47	0	139
Impaired Financing Receivable, Average Recorded Investment	0	2,104	1,035	2,104
Impaired Financing Receivable, Interest Income, Accrual Method	0	47	0	139
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	26,356	16,823	21,485	9,042
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	192	144	662	519
Impaired Financing Receivable, Average Recorded Investment	26,356	16,823	21,485	9,042
Impaired Financing Receivable, Interest Income, Accrual Method	$ 192	144	$ 662	519
Construction/  Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment		0		7,044
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized		0		0
Impaired Financing Receivable, Average Recorded Investment		0		7,044
Impaired Financing Receivable, Interest Income, Accrual Method		$ 0		$ 0

Loans Receivable - Troubled Deb

Loans Receivable - Troubled Debt Restructurings on Financing Receivables (Details) $ in Thousands	3 Months Ended	9 Months Ended
	Sep. 30, 2021USD ($)loan	Sep. 30, 2021USD ($)loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans | loan	3	4
Pre-Modification Outstanding Recorded Investment	$ 1,355	$ 2,596
Post-Modification Outstanding Recorded Investment	$ 1,355	$ 2,596
Construction Land Development Commercial | Advancement of Maturity Date
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans | loan		1
Pre-Modification Outstanding Recorded Investment		$ 1,241
Post-Modification Outstanding Recorded Investment		$ 1,241
One to four family residential [Member] | Advancement of Maturity Date
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans | loan	3	3
Pre-Modification Outstanding Recorded Investment	$ 1,355	$ 1,355
Post-Modification Outstanding Recorded Investment	$ 1,355	$ 1,355

Other Real Estate Owned - Other

Other Real Estate Owned - Other Real Estate, Roll Forward (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Other Real Estate [Roll Forward]
Balance at beginning of period		$ 454,000	$ 454,000	$ 454,000
Market value adjustments	$ 0		0
Balance at end of period	0	454,000	0	454,000
Gains (losses) on sales of other real estate	(207,000)	0	(207,000)	0
Gains (losses) on sales of other real estate	$ (247,000)	$ 0	$ (247,000)	$ 0

Other Real Estate Owned - Narra

Other Real Estate Owned - Narrative (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2021USD ($)property	Sep. 30, 2020USD ($)	Sep. 30, 2021USD ($)property	Sep. 30, 2020USD ($)	Dec. 31, 2020USD ($)	Jun. 30, 2020USD ($)	Dec. 31, 2019USD ($)
Real Estate [Line Items]
Real estate properties sold | property	2		2
Market value adjustments	$ 0		$ 0
Other real estate	0	$ 454,000	0	$ 454,000	$ 454,000	$ 454,000	$ 454,000
Gains (losses) on sales of other real estate	247,000	0	247,000	0
Gains (losses) on sales of other real estate	(207,000)	$ 0	(207,000)	$ 0
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, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	$ 178,061	$ 127,551
Assets, Fair Value Disclosure	178,572
Mortgage-backed investments, Fannie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	15,387	13,288
Mortgage-backed investments, Freddie Mac
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	12,927	4,316
Mortgage-backed investments, Ginnie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	25,834	17,127
Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	5,750	10,729
Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	39,823	17,446
U.S. Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	47,908	40,635
Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	30,432	24,010
Derivative fair value asset
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Gross Liability	511
Derivative fair value liability
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative fair value liability		2,825
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	746	0
Derivative Asset, Fair Value, Gross Liability	0
Assets, Fair Value Disclosure	746
Derivative fair value liability		0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage-backed investments, Fannie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage-backed investments, Freddie Mac
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	746	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage-backed investments, Ginnie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Derivative fair value asset
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Gross Liability	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Derivative fair value liability
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative fair value liability		0
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	177,315	127,551
Derivative Asset, Fair Value, Gross Liability	(511)
Assets, Fair Value Disclosure	177,826
Derivative fair value liability		2,825
Significant Other Observable Inputs (Level 2) | Mortgage-backed investments, Fannie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	15,387	13,288
Significant Other Observable Inputs (Level 2) | Mortgage-backed investments, Freddie Mac
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	12,181	4,316
Significant Other Observable Inputs (Level 2) | Mortgage-backed investments, Ginnie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	25,834	17,127
Significant Other Observable Inputs (Level 2) | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	5,750	10,729
Significant Other Observable Inputs (Level 2) | Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	39,823	17,446
Significant Other Observable Inputs (Level 2) | U.S. Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	47,908	40,635
Significant Other Observable Inputs (Level 2) | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	30,432	24,010
Significant Other Observable Inputs (Level 2) | Derivative fair value asset
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Gross Liability	511
Significant Other Observable Inputs (Level 2) | Derivative fair value liability
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative fair value liability		2,825
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Derivative Asset, Fair Value, Gross Liability	0
Assets, Fair Value Disclosure	0
Derivative fair value liability		0
Significant Unobservable Inputs (Level 3) | Mortgage-backed investments, Fannie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Significant Unobservable Inputs (Level 3) | Mortgage-backed investments, Freddie Mac
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Significant Unobservable Inputs (Level 3) | Mortgage-backed investments, Ginnie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Significant Unobservable Inputs (Level 3) | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Significant Unobservable Inputs (Level 3) | Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Significant Unobservable Inputs (Level 3) | U.S. Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Significant Unobservable Inputs (Level 3) | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Significant Unobservable Inputs (Level 3) | Derivative fair value asset
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Gross Liability	$ 0
Significant Unobservable Inputs (Level 3) | Derivative fair value liability
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative fair value liability		$ 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, 2021	Dec. 31, 2020	Sep. 30, 2020	Jun. 30, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans (included in loans receivable, net)	$ 28,102,000	$ 21,392,000
OREO	0	454,000	$ 454,000	$ 454,000	$ 454,000
Total, Fair Value	28,102,000	21,846,000
Financing receivable, allowance for credit losses, individually evaluated for impairment	22,000	8,000
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)	28,102,000	21,392,000
OREO	0	454,000
Total, Fair Value	$ 28,102,000	$ 21,846,000

Fair Value_ Schedule of quantit

Fair Value: Schedule of quantitative information about Level 3 Fair Value Measurements on a nonrecurring basis (Details) - Significant Unobservable Inputs (Level 3) - Market Approach Valuation Technique - USD ($) $ in Thousands	9 Months Ended	12 Months Ended
	Sep. 30, 2021	Dec. 31, 2020
Loans Receivable
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Unobservable Input(s)	Expected values of future cash flows	Expected values of future cash flows
Loans Receivable | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of financial instruments, range	0.00%	0.00%
Loans Receivable | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of financial instruments, range	0.00%	0.00%
Loans Receivable | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of financial instruments, range	0.00%	0.00%
Loans Receivable | Fair Value, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial and Nonfinancial Liabilities, Fair Value Disclosure	$ 28,102	$ 21,392
Other Real Estate Owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Unobservable Input(s)	Estimated selling price less selling costs	Estimated selling price less selling costs
Other Real Estate Owned | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of financial instruments, range	0.00%	0.00%
Other Real Estate Owned | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of financial instruments, range	0.00%	0.00%
Other Real Estate Owned | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of financial instruments, range	0.00%	0.00%
Other Real Estate Owned | Fair Value, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial and Nonfinancial Liabilities, Fair Value Disclosure	$ 0	$ 454

Fair Value_ Balance Sheet Group

Fair Value: Balance Sheet Grouping (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments available-for-sale	$ 178,061	$ 127,551
Investments held-to-maturity	2,425	2,418
FHLB stock	6,465	6,410
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash on hand and in banks	7,243	7,995
Interest-earning deposits with banks	71,869	72,494
Investments available-for-sale	746	0
Investments held-to-maturity	0	0
Loans receivable, net	0	0
FHLB stock	0	0
Accrued interest receivable	0	0
Derivative fair value asset	0
Deposits	840,007	684,057
Certificates of deposit, retail	0	0
Advances from the FHLB	0	0
Accrued interest payable	0	0
Derivative fair value liability		0
Significant Other Observable Inputs (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	177,315	127,551
Investments held-to-maturity	2,425	2,418
Loans receivable, net	0	0
FHLB stock	6,465	6,410
Accrued interest receivable	5,681	5,508
Derivative fair value asset	511
Deposits	0	0
Certificates of deposit, retail	305,381	418,118
Advances from the FHLB	120,003	120,006
Accrued interest payable	206	211
Derivative fair value liability		2,825
Significant Unobservable Inputs (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	0
Loans receivable, net	1,103,924	1,101,559
FHLB stock	0	0
Accrued interest receivable	0	0
Derivative fair value asset	0
Deposits	0	0
Certificates of deposit, retail	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	7,243	7,995
Interest-earning deposits with banks	71,869	72,494
Investments available-for-sale	178,061	127,551
Investments held-to-maturity	2,425	2,418
Loans receivable, net	1,101,669	1,100,582
FHLB stock	6,465	6,410
Accrued interest receivable	5,681	5,508
Derivative fair value asset	511
Deposits	840,007	684,057
Certificates of deposit, retail	301,729	409,576
Advances from the FHLB	120,000	120,000
Accrued interest payable	206	211
Derivative fair value liability		2,825
Estimated Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash on hand and in banks	7,243	7,995
Interest-earning deposits with banks	71,869	72,494
Investments available-for-sale	178,061	127,551
Investments held-to-maturity	2,425	2,418
Loans receivable, net	1,103,924	1,101,559
FHLB stock	6,465	6,410
Accrued interest receivable	5,681	5,508
Derivative fair value asset	511
Deposits	840,007	684,057
Certificates of deposit, retail	305,381	418,118
Advances from the FHLB	120,003	120,006
Accrued interest payable	$ 206	211
Derivative fair value liability		$ 2,825

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Thousands	Sep. 30, 2021USD ($)lease
Lessee, Lease, Description [Line Items]
Property subject to or available for operating lease, number of units | lease	13
Monthly lease payment | $	$ 69
Minimum
Lessee, Lease, Description [Line Items]
Term of contract	1 year 3 months 18 days
Renewal term	3 years
Maximum
Lessee, Lease, Description [Line Items]
Term of contract	9 years 3 months 18 days
Renewal term	5 years

Leases - Components of Operatin

Leases - Components of Operating Leases (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020	Dec. 31, 2020
Leases [Abstract]
Lease expense	$ 276	$ 226	$ 794	$ 669
Right-of-use asset	3,838	3,834	3,838	3,834	$ 3,647
Lease liability	$ 3,994	$ 3,942	$ 3,994	$ 3,942
Weighted average remaining term, years	6 years 4 months 24 days	4 years 3 months 18 days	6 years 4 months 24 days	4 years 3 months 18 days
Weighted average discount rate	1.91%	2.13%	1.91%	2.13%

Leases - Maturity of Leases (De

Leases - Maturity of Leases (Details) - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Leases [Abstract]
Due through one year	$ 835
Due after one year through two years	769
Due after two years through three years	645
Due after three years through four years	557
Due after four years through five years	373
Due after five years	1,074
Total minimum lease payments	4,253
Less: present value discount	259
Lease liability, net	$ 3,994	$ 3,783

Derivatives - Narrative (Detail

Derivatives - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Jun. 30, 2021	Dec. 31, 2020	Jun. 30, 2020	Dec. 31, 2019
Derivative [Line Items]
Derivative, Average Fixed Interest Rate	0.80%		0.80%
Stockholders' Equity Attributable to Parent	$ 161,456,000	$ 154,778,000	$ 161,456,000	$ 161,621,000	$ 156,302,000	$ 153,976,000	$ 156,319,000
Gain (Loss) on Cash Flow Hedge Ineffectiveness, Net	0	$ 0
Gains and Losses on Cash Flow Hedges
Derivative [Line Items]
Stockholders' Equity Attributable to Parent	404,000		404,000
Other Assets | Designated as Hedging Instrument
Derivative [Line Items]
Derivative fair value asset	511,000		511,000
Cash Flow Hedging
Derivative [Line Items]
Derivative, Notional Amount	$ 120,000,000		$ 120,000,000
Derivative, Fixed Interest Rate	1.22%		1.22%
Derivative fair value asset	$ 511,000		$ 511,000
Interest Rate Swap
Derivative [Line Items]
Derivative, Notional Amount	$ 25,000,000		$ 25,000,000
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 | Cash Flow Hedging
Derivative [Line Items]
Derivative, Term of Contract			8 years
Maximum | Forward Contracts | Cash Flow Hedging
Derivative [Line Items]
Derivative, Term of Contract			8 years

Derivatives - Schedule of Deriv

Derivatives - Schedule of Derivative Instruments (Details) - Cash Flow Hedging - USD ($) $ in Thousands	Sep. 30, 2021	Dec. 31, 2020
Derivative [Line Items]
Derivative fair value liability		$ (2,825)
Derivative fair value asset	$ 511

Derivatives - Derivative Instru

Derivatives - Derivative Instruments, Gain (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Interest rate swaps on FHLB debt designated as a cash flow hedge	$ 437	$ 271	$ 2,636	$ (3,368)

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 315,000	$ 224,000	$ 558,000	$ 367,000
Tax benefit from compensation expense	$ 66,000	$ 47,000	$ 117,000	$ 77,000
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)	1,060,922		1,060,922
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)	230,461		230,461
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	$ 0		$ 0
First Financial Northwest, Inc. 2008 Equity Incentive Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	10,080		55,673
Compensation cost not yet recognized	$ 259,000		$ 259,000
Compensation cost not yet recognized, weighted average vesting period			5 months
First Financial Northwest, Inc. 2008 Equity Incentive Plan | Restricted Stock | Expected to exercise at March 31 2018
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted (in shares)	307,000

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, 2021USD ($)$ / sharesshares	Sep. 30, 2021USD ($)$ / sharesshares
Shares
Outstanding Beginning Balance (in shares) | shares	309,000	313,000
Exercised (in shares) | shares	(2,000)	(6,000)
Outstanding Ending Balance (in shares) | shares	307,000	307,000
Weighted-Average Exercise Price
Outstanding Beginning Balance (in dollars per share)	$ 10.33	$ 10.34
Exercised (in dollars per share)	10.77	10.77
Outstanding Ending Balance (in dollars per share)	$ 10.33	$ 10.33
Weighted-Average Remaining Contractual Term in Years
Outstanding Ending Balance (in years)	2 years 2 months 19 days	2 years 2 months 19 days
Aggregate Intrinsic Value
Outstanding Beginning Balance | $	$ 1,473,070	$ 397,890
Exercised | $	11,120	23,500
Outstanding Ending Balance | $	$ 1,854,300	$ 1,854,300
Share Based Compensation, Stock Option Plan, Additional Disclosures [Abstract]
Nonvested Beginning Balance, Weighted-Average Grant Date Fair Value (in dollars per share)	$ 3.68
Exercised, Weighted Average Grant Date Fair Value (in dollars per share)	4.16	$ 4.16
Nonvested Endingg Balance, Weighted-Average Grant Date Fair Value (in dollars per share)	3.68	3.68
Expected to Vest, Weighted Average Exercise Price (in dollars per share)	$ 3.68	$ 3.68
Exercisable at end of period (in shares) | shares	307,000	307,000
Exercisable at end of period, Weighted Average Exercise Price (in dollars per share)	10.33	10.33
Exercisable at end of period, Weighted Average Remaining Contractual Term in Years	2 years 2 months 19 days	2 years 2 months 19 days
Exercisable at end of period, Aggregate Intrinsic Value | $	$ 1,854,300	$ 1,854,300
Exercisable at end of period, Weighted Average Grant Date Fair Value (in dollars per share)	$ 3.68	$ 3.68
Vested and expected to vest assuming a 3% forfeiture rate over the vesting term
Share Based Compensation, Stock Option Plan, Additional Disclosures [Abstract]
Expected to Vest (in shares) | shares	307,000	307,000
Expected to Vest, Weighted Average Exercise Price (in dollars per share)	$ 10.33	$ 10.33
Expected to Vest, Weighted Average Remaining Contractual Term in Years	2 years 2 months 19 days	2 years 2 months 19 days
Expected to Vest, Aggregate Intrinsic Value | $	$ 1,854,300	$ 1,854,300
Expected to Vested, Weighted Average Grant Date Fair Value (in dollars per share)	$ 3.68

Stock-Based Compensation - Nonv

Stock-Based Compensation - Nonvested Restricted Stock Shares Activity (Details)	3 Months Ended	9 Months Ended
	Sep. 30, 2021$ / sharesshares	Sep. 30, 2021$ / sharesshares
Weighted-Average Grant Date Fair Value
Nonvested Beginning Balance, Weighted-Average Grant Date Fair Value (in dollars per share)		$ 3.69
Nonvested Ending Balance, Weighted-Average Grant Date Fair Value (in dollars per share)	$ 3.68	3.68
Vested and expected to vest assuming a 3% forfeiture rate over the vesting term
Weighted-Average Grant Date Fair Value
Vested (in dollars per share)		$ 3.68
Restricted Stock | First Financial Northwest, Inc. 2008 Equity Incentive Plan
Shares
Nonvested Beginning Balance (in shares) | shares	44,426	16,228
Granted (in shares) | shares	10,080	55,673
Vested (in shares) | shares	(10,080)	(27,475)
Nonvested Ending Balance (in shares) | shares	44,426	44,426
Weighted-Average Grant Date Fair Value
Nonvested Beginning Balance, Weighted-Average Grant Date Fair Value (in dollars per share)	$ 13.78	$ 13.61
Granted (in dollars per share)	16.37	14.25
Vested (in dollars per share)	16.37	14.63
Nonvested Ending Balance, Weighted-Average Grant Date Fair Value (in dollars per share)	$ 13.78	$ 13.78
Restricted Stock | First Financial Northwest, Inc. 2008 Equity Incentive Plan | Vested and expected to vest assuming a 3% forfeiture rate over the vesting term
Shares
Expected to vest assuming a 3% forfeiture rate over the vesting term (in shares) | shares	43,093	43,093
Weighted-Average Grant Date Fair Value
Nonvested Ending Balance, Weighted-Average Grant Date Fair Value (in dollars per share)	$ 13.78	$ 13.78

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), net of tax, beginning of period	$ (59)	$ (3,885)	$ (1,918)	$ (1,371)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	(164)	696	1,695	(1,764)
Reclassification adjustment for net gains realized in income		(14)		(68)
Other Comprehensive Income (Loss), Net of Tax	(164)	682	1,695	(1,832)
Accumulated other comprehensive income (loss), net of tax, end of period	(223)	(3,203)	(223)	(3,203)
Unrealized Gains and Losses on Available-for-Sale Securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), net of tax, beginning of period	(26)	(582)	314	(1,707)
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	(601)	425	(941)	1,604
Reclassification adjustment for net gains realized in income		(14)		(68)
Other Comprehensive Income (Loss), Net of Tax	(601)	411	(941)	1,536
Accumulated other comprehensive income (loss), net of tax, end of period	(627)	(171)	(627)	(171)
Gains and Losses on Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), net of tax, beginning of period	(33)	(3,303)	(2,232)	336
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax	437	271	2,636	(3,368)
Reclassification adjustment for net gains realized in income		0		0
Other Comprehensive Income (Loss), Net of Tax	437	271	2,636	(3,368)
Accumulated other comprehensive income (loss), net of tax, end of period	$ 404	$ (3,032)	$ 404	$ (3,032)

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, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Earnings Per Share [Abstract]
Net income	$ 3,199	$ 2,082	$ 9,507	$ 5,910
Less: Earnings allocated to participating securities	15	3	43	9
Earnings allocated to common shareholders	$ 3,184	$ 2,079	$ 9,464	$ 5,901
Basic weighted average common shares outstanding (in shares)	9,314,456	9,661,498	9,412,196	9,788,397
Dilutive stock options (in shares)	109,453	10,988	89,108	20,755
Dilutive restricted stock grants (in shares)	22,793	3,081	12,861	2,450
Diluted weighted average common shares outstanding (in shares)	9,446,702	9,675,567	9,514,165	9,811,602
Basic earnings (loss) per share (in dollars per share)	$ 0.34	$ 0.22	$ 1.01	$ 0.60
Diluted earnings (loss) per share (in dollars per share)	$ 0.34	$ 0.21	$ 0.99	$ 0.60

Earnings Per Share - Narrative

Earnings Per Share - Narrative (Details) - shares	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share, amount	0	228,000	0	203,000

Revenue Recognition - Disaggreg

Revenue Recognition - Disaggregation of Revenue (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Disaggregation of Revenue [Line Items]
Net gain on sale of investments	$ 0	$ 18,000	$ 0	$ 86,000
Revenue	999,000	1,011,000	2,736,000	2,789,000
BOLI income (1)
Disaggregation of Revenue [Line Items]
Revenue	377,000	269,000	891,000	778,000
Wealth management revenue
Disaggregation of Revenue [Line Items]
Revenue	64,000	145,000	391,000	493,000
Deposit related fees
Disaggregation of Revenue [Line Items]
Revenue	75,000	76,000	221,000	222,000
Debit card and ATM fees
Disaggregation of Revenue [Line Items]
Revenue	153,000	125,000	433,000	338,000
Loan related fees
Disaggregation of Revenue [Line Items]
Revenue	300,000	376,000	714,000	846,000
Loan interest rate swap fees
Disaggregation of Revenue [Line Items]
Revenue	0	0	0	19,000
Other
Disaggregation of Revenue [Line Items]
Revenue	$ 30,000	$ 2,000	$ 86,000	$ 7,000

Revenue Recognition - Narrative

Revenue Recognition - Narrative (Details)	Sep. 30, 2021USD ($)
Revenue from Contract with Customer [Abstract]
Contract Liability	$ 0
Performance Obligation	$ 0

Subsequent Events (Details)

Subsequent Events (Details) - $ / shares	Nov. 10, 2021	Nov. 08, 2021	Nov. 10, 2021	Sep. 30, 2021	Sep. 30, 2020	Sep. 30, 2021	Sep. 30, 2020
Subsequent Event [Line Items]
Repurchase and retirement of common stock (in shares)				180,179	155,049	312,628	369,894
Forecast
Subsequent Event [Line Items]
Repurchase and retirement of common stock (in shares)	120,000		297,284
Repurchase and retirement of common stock purchase price (in dollars per share)			$ 16.74
Shares available for repurchase (in shares)	178,716		178,716
Subsequent Event
Subsequent Event [Line Items]
Repurchase and retirement of common stock (in shares)		132,942