First Financial Northwest (FFNW) 10-K 11 Mar 22 2021 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2021	Mar. 08, 2022	Jun. 30, 2021
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Dec. 31, 2021
Current Fiscal Year End Date	--12-31
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
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
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 Public Float			$ 127,362,869
Entity Common Stock, Shares Outstanding		9,128,460
Documents Incorporated by Reference	DOCUMENTS INCORPORATED BY REFERENCE 1. Portions of the Registrant’s definitive Proxy Statement for the 2022 Annual Meeting of Shareholders are incorporated by reference into Part III of this Annual Report on Form 10-K where indicated. The 2022 Proxy Statement will be filed with the U.S. Securities and Exchange Commission within 120 days after the end of the fiscal year to which this report relates.
Amendment Flag	false
Entity Central Index Key	0001401564
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	FY

Audit Information

Audit Information	12 Months Ended
	Dec. 31, 2021
Audit Information [Abstract]
Auditor Location	Everett, Washington
Auditor Name	Moss Adams LLP
Auditor Firm ID	659

FIRST FINANCIAL NORTHWEST, INC.

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Assets
Cash on hand and in banks	$ 7,246	$ 7,995
Interest-earning deposits with banks	66,145	72,494
Investments available-for-sale, at fair value	168,948	127,551
Investments held-to-maturity, at amortized cost	2,432	2,418
Loans receivable, net of allowance of $15,657 and $15,174	1,103,461	1,100,582
Federal Home Loan Bank (“FHLB”) stock, at cost	5,465	6,410
Accrued interest receivable	5,285	5,508
Deferred tax assets, net	850	1,641
Other real estate owned (“OREO”)	0	454
Premises and equipment, net	22,440	22,579
Bank owned life insurance (“BOLI”)	35,210	33,034
Prepaid expenses and other assets	3,628	1,643
Right of use asset (“ROU”), net	3,646	3,647
Goodwill	889	889
Core deposit intangible, net	684	824
Total assets	1,426,329	1,387,669
Liabilities and Stockholders’ Equity
Noninterest-bearing deposits	117,751	91,285
Interest-bearing deposits	1,039,723	1,002,348
Total deposits	1,157,474	1,093,633
FHLB advances	95,000	120,000
Advance payments from borrowers for taxes and insurance	2,909	2,498
Lease liability, net	3,805	3,783
Accrued interest payable	112	211
Other liabilities	9,150	11,242
Total liabilities	1,268,450	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 9,125,759 shares at December 31, 2021, and 9,736,875 shares at December 31, 2020	91	97
Additional paid-in capital	72,298	82,095
Retained earnings, substantially restricted	86,162	78,003
Accumulated other comprehensive income (loss), net of tax	174	(1,918)
Unearned Employee Stock Ownership Plan (“ESOP”) shares	(846)	(1,975)
Total stockholders’ equity	157,879	156,302
Total liabilities and stockholders’ equity	$ 1,426,329	$ 1,387,669

FIRST FINANCIAL NORTHWEST, IN_2

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED BALANCE SHEETS (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Assets
Loans receivable, allowance	$ 15,657	$ 15,174
Stockholders’ Equity
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	10,000,000	10,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	90,000,000	90,000,000
Common stock, shares issued (in shares)	9,125,759	9,736,875
Common stock, shares outstanding (in shares)	9,125,759	9,736,875

FIRST FINANCIAL NORTHWEST, IN_3

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED INCOME STATEMENTS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Interest income
Loans, including fees	$ 50,170	$ 52,546
Investments available-for-sale	3,200	3,173
Investments held-to-maturity	24	23
Interest-earning deposits	72	52
Dividends on FHLB stock	332	320
Total interest income	53,798	56,114
Interest expense
Deposits	7,216	14,005
FHLB advances and other borrowings	1,603	1,640
Total interest expense	8,819	15,645
Net interest income	44,979	40,469
Provision for loan losses	300	1,900
Net interest income after provision for loan losses	44,679	38,569
Noninterest income
Net gain on sale of investments	32	86
BOLI income	1,107	982
Wealth management revenue, net	494	663
Deposit related fees	872	755
Loan related fees	1,265	1,947
Other	92	9
Total noninterest income	3,862	4,442
Noninterest expense
Salaries and employee benefits	20,237	20,039
Occupancy and equipment	4,557	4,237
Professional fees	1,899	1,707
Data processing	2,692	2,822
OREO related expenses, net	209	9
Regulatory assessments	456	547
Insurance and bond premiums	451	445
Marketing	154	197
Other general and administrative	2,712	2,510
Total noninterest expense	33,367	32,513
Income before provision for federal income taxes	15,174	10,498
Federal income tax provision	2,925	1,942
Net income	$ 12,249	$ 8,556
Basic earnings (loss) per share (usd per share)	$ 1.31	$ 0.88
Diluted earnings (loss) per share (usd per share)	$ 1.29	$ 0.88
Basic weighted average number of common shares outstanding (in shares)	9,340,997	9,734,493
Diluted weighted average number of common shares outstanding (in shares)	9,454,495	9,758,644

FIRST FINANCIAL NORTHWEST, IN_4

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Statement of Comprehensive Income [Abstract]
Net income	$ 12,249	$ 8,556
Unrealized holding (losses) gains on available-for-sale securities	(1,636)	2,645
Tax effect	343	(556)
Reclassification adjustment for net gains realized in income	32	86
Tax effect	7	18
Gains (losses) on cash flow hedges	4,316	(3,251)
Tax effect	(906)	683
Other comprehensive income (loss), net of tax	2,092	(547)
Total comprehensive income	$ 14,341	$ 8,009

FIRST FINANCIAL NORTHWEST, IN_5

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)	Total	Common  Stock	Additional  Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive (Loss) Income, net of tax	Unearned ESOP Shares
Balances at beginning of period - shares at Dec. 31, 2019		10,252,953
Balances at beginning of period - amount at Dec. 31, 2019	$ 156,319,000	$ 103,000	$ 87,370,000	$ 73,321,000	$ (1,371,000)	$ (3,104,000)
Increase (Decrease) in Stockholders' Equity
Net income	8,556,000			8,556,000
Other comprehensive income	(547,000)				(547,000)
Issuance of common stock - restricted stock awards, net (in shares)		33,923
Issuance of common stock - restricted stock awards, net	0
Stock compensation expense	427,000		427,000
Allocation of ESOP shares	1,200,000		71,000			1,129,000
Repurchase and retirement of common stock (shares)		(544,626)
Repurchase and retirement of common stock	(5,706,000)	$ (6,000)	(5,700,000)
Canceled common stock - restricted stock awards		(5,375)
Canceled common stock - restricted stock awards	(73,000)		(73,000)
Cash dividends declared and paid	$ (3,874,000)			(3,874,000)
Balances at end of period - shares at Dec. 31, 2020	9,736,875	9,736,875
Balances at end of period - amount at Dec. 31, 2020	$ 156,302,000	$ 97,000	82,095,000	78,003,000	(1,918,000)	(1,975,000)
Increase (Decrease) in Stockholders' Equity
Net income	12,249,000			12,249,000
Other comprehensive income	2,092,000				2,092,000
Exercise of stock options - shares		41,000
Exercise of stock options - amount	344,000		344,000
Issuance of common stock - restricted stock awards, net (in shares)		55,673
Issuance of common stock - restricted stock awards, net	1,000	$ 1,000	0
Stock compensation expense	708,000		708,000
Allocation of ESOP shares	1,696,000		567,000			1,129,000
Repurchase and retirement of common stock (shares)		(704,950)
Repurchase and retirement of common stock	(11,384,000)	$ (7,000)	(11,377,000)
Canceled common stock - restricted stock awards		(2,839)
Canceled common stock - restricted stock awards	(39,000)		(39,000)
Cash dividends declared and paid	$ (4,090,000)			(4,090,000)
Balances at end of period - shares at Dec. 31, 2021	9,125,759	9,125,759
Balances at end of period - amount at Dec. 31, 2021	$ 157,879,000	$ 91,000	$ 72,298,000	$ 86,162,000	$ 174,000	$ (846,000)

FIRST FINANCIAL NORTHWEST, IN_6

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED STATEMETNS OF STOCKHOLDERS' EQUITY (PARENTHETICALS) - $ / shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Statement of Stockholders' Equity [Abstract]
Allocated shares (in shares)	112,853	112,854
Cash dividend declared and paid per share (usd per share)	$ 0.44	$ 0.40

FIRST FINANCIAL NORTHWEST, IN_7

FIRST FINANCIAL NORTHWEST, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Cash flows from operating activities:
Net income	$ 12,249	$ 8,556
Adjustments to reconcile net income to net cash provided by operating activities
Provision for loan losses	300	1,900
Loss on sale of OREO property, net	207	0
Net amortization of premiums and discounts on investments	1,100	767
Gain on sale of investments available-for-sale	(32)	(86)
Depreciation of premises and equipment	2,158	2,170
Loss on disposal of premises and equipment	1	0
Deferred federal income taxes	235	5
Allocation of ESOP shares	1,696	1,200
Stock compensation expense	708	427
BOLI income	(1,107)	(982)
Annuity income	(24)	(43)
Changes in operating assets and liabilities:
(Increase) decrease in prepaid expenses and other assets	(354)	291
Decrease in right of use asset	759	678
Increase (decrease) in advance payments from borrowers for taxes and insurance	411	(423)
Decrease (increase) in accrued interest receivable	223	(1,370)
Decrease in lease liability	(736)	(612)
Decrease in accrued interest payable	(99)	(74)
Increase (decrease) in other liabilities	743	(430)
Net cash provided by operating activities	18,438	11,974
Cash flows from investing activities:
Proceeds from sales and call of investments	20,042	12,082
Principal repayments on investments	20,028	12,809
Purchases of investments available-for-sale	(84,203)	(13,963)
Purchases of investments held-to-maturity	0	(2,375)
Net (increase) decrease in loans receivable	(3,179)	5,980
Proceeds from sales of OREO properties	247	0
Purchases of premises and equipment	(2,020)	(2,283)
Sale of FHLB stock	945	599
Proceeds from BOLI death benefit settlement	1,086	0
Purchase of BOLI	(2,155)	(70)
Net cash (used by) provided by investing activities	(49,209)	12,779
Cash flows from financing activities:
Net increase in deposits	63,841	60,099
Advances from the FHLB	25,000	267,000
Repayments of advances from the FHLB	(50,000)	(284,700)
Proceeds from stock options exercises	344	0
Net share settlement of stock awards	(38)	(73)
Repurchase and retirement of common stock	(11,384)	(5,706)
Dividends paid	(4,090)	(3,874)
Net cash provided by financing activities	23,673	32,746
Cash and cash equivalents:
Net (decrease) increase in cash and cash equivalents	(7,098)	57,499
Cash and cash equivalents at beginning of year	80,489	22,990
Cash and cash equivalents at end of year	73,391	80,489
Cash paid during the period for:
Interest	8,918	15,720
Federal income taxes	3,190	1,655
Noncash transactions:
Change in unrealized gain on investments available-for-sale	(1,668)	2,559
Change in unrealized losses on cash flow hedge	4,316	(3,251)
Initial recognition of right-of-use asset for new leases	758	2,116
Initial recognition of lease liability for new leases	$ 758	$ 2,116

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Nature of Operations and Principles of Consolidation First Financial Northwest, Inc. (“First Financial Northwest”), a Washington corporation, was formed on June 1, 2007 for the purpose of becoming the holding company for First Financial Northwest Bank (“the Bank”) in connection with the conversion from a mutual holding company structure to a stock holding company structure completed on October 9, 2007. First Financial Northwest’s business activities generally are limited to passive investment activities and oversight of its investment in First Financial Northwest Bank. Accordingly, the information presented in the consolidated financial statements and related data, relates primarily to First Financial Northwest Bank. First Financial Northwest converted from a savings and loan holding company to a bank holding company in 2015 and is subject to regulation by the Board of Governors of the Federal Reserve Bank of San Francisco (“FRB”). First Financial Northwest Bank is regulated by the Federal Deposit Insurance Corporation (“FDIC”) and the Washington State Department of Financial Institutions (“DFI”). First Financial Northwest Bank was organized in 1923 as a Washington state-chartered savings and loan association, converted to a federal mutual savings and loan association in 1935, and converted to a Washington state-chartered mutual savings bank in 1992. In 2002, First Financial Northwest Bank reorganized into a two-tier mutual holding company structure, became a stock savings bank and became the wholly-owned subsidiary of First Financial of Renton, Inc. In connection with the mutual to stock conversion in 2007, the Bank changed its name to First Savings Bank Northwest. In August 2015, the Bank changed its name to First Financial Northwest Bank to support the expansion of focus to being more than a traditional “savings” bank. In February 2016, the Bank changed its charter from a Washington chartered stock savings bank to a Washington chartered commercial bank. First Financial Northwest Bank is a community-based commercial bank primarily serving King and Snohomish Counties, and to a lesser extent, Pierce and Kitsap Counties, Washington. In King County, the headquarters and full-service banking office, as well as one branch office, are located in Renton. Additional King County branch offices are located in Bellevue, Woodinville, Bothell, Kent, Kirkland and Issaquah. In S nohomish County, five additional branch offices serve Mill Creek, Edmonds, Clearview, Smokey Point, and Lake Stevens. In Pierce County, two branch offices serve Gig Harbor and University Place. First Financial Northwest Bank’s business consists of attracting deposits from the public and utilizing these deposits to originate one-to-four family residential, multifamily, commercial real estate, construction/land, business and consumer loans. The accompanying consolidated financial statements include the accounts of First Financial Northwest and its wholly‑owned subsidiaries First Financial Northwest Bank and First Financial Diversified Corporation (collectively, “the Company”). All significant intercompany balances and transactions between First Financial Northwest and its subsidiaries have been eliminated in consolidation. Basis of Presentation and Use of Estimates The accounting and reporting policies of First Financial Northwest and its subsidiaries conform to U.S. generally accepted accounting principles (“GAAP”). In preparing the consolidated financial statements, management makes estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the financial statements and the disclosures provided. Actual results could differ from these estimates. Material estimates particularly subject to change include the allowance for loan and lease losses (“ALLL”), other real estate owned (“OREO”), deferred tax assets and the fair values of financial instruments. Subsequent Events The Company has evaluated events and transactions subsequent to December 31, 2021 for potential recognition or disclosure. Cash and Cash Equivalents For purposes of reporting cash flows, cash and cash equivalents include cash on hand and in banks, interest-bearing deposits and federal funds sold all with maturities of three months or less. The Company is required to maintain an average reserve balance with the FRB or maintain such reserve balance in the form of cash. Effective March 26, 2020 the Federal Reserve lowered the reserve ratios on transaction accounts maintained at a depository institution to zero percent. There was no required reserve balance at December 31, 2021 and 2020. Investments Investments in debt securities are classified into one of three categories: (1) held-to-maturity, (2) available-for-sale, or (3) trading. At December 31, 2021 and 2020, we had held-to-maturity and available-for-sale, but no trading securities. Investments are categorized as held-to-maturity when we have the positive intent and ability to hold them to maturity. Held-to-maturity investments are reported at fair value, which is the amortized cost. Investments are classified as available-for-sale if the Company intends to hold the securities for an indefinite period of time, but not necessarily to maturity. Investments available-for-sale are reported at fair value. Unrealized holding gains and losses on investments available-for-sale are excluded from earnings and are reported in other comprehensive income (loss), net of applicable taxes. Gains and losses on sales are recorded on the trade date and determined using the specific identification method. Amortization or accretion of purchase premiums and discounts are included in investment income using the level-yield method over the remaining period to contractual maturity. Dividend or interest income is recognized when it is earned. The estimated fair value of investments is based on quoted market prices for investments traded in active markets or dealer quotes. Mortgage-backed investments represent participation interest in pools of first mortgage loans originated and serviced by the issuers of the investments. Management makes an assessment to determine whether there have been any events or economic circumstances to indicate that a security on which there is an unrealized loss is impaired on an other-than-temporary basis. Management considers many factors including the severity and duration of the impairment, recent events specific to the issuer or industry, and for debt securities, external credit ratings and recent downgrades. Securities on which there is an unrealized loss that is deemed to be an other-than-temporary impairment (“OTTI”) are written down to fair value. For equity securities, the write-down is recorded as a realized loss in noninterest income in the Consolidated Income Statements. For debt securities, if management intends to sell the security or it is likely that management will be required to sell the security before recovering its cost basis, the entire impairment loss would be recognized in earnings as an OTTI. If management does not intend to sell the security and it is not likely that management will be required to sell the security but management does not expect to recover the entire amortized cost basis of the security, only the portion of the impairment loss representing credit losses would be recognized in earnings. The credit loss on a security is measured as the difference between the amortized cost basis and the present value of the cash flows expected to be collected. Projected cash flows are discounted by the original or current effective interest rate depending on the nature of the security being measured for potential OTTI. The remaining impairment related to all other factors, the difference between the present value of the cash flows expected to be collected and fair value, is recognized as a charge to other comprehensive income (“OCI”). Impairment losses related to all other factors are presented as separate categories within OCI. Loans Receivable Loans are recorded at their outstanding principal balance adjusted for charge-offs, the ALLL and net deferred fees or costs. Interest on loans is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income using the level-yield method without anticipating prepayments. The accrual of interest on loans is discontinued at the time the loan is 90 days delinquent unless the loan is well secured and in the process of collection. Consumer and other loans are typically managed in the same manner. In all cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is doubtful. The Company did not designate loans with payment deferrals granted due to the COVID-19 pandemic as delinquent in accordance with provisions of The Coronavirus Aid, Relief, and Economic Security Act of 2020 (the “CARES Act”) and the Consolidated Appropriations Act, 2021 (the “CAA, 2021”) and related regulatory guidance. All interest accrued but not collected on loans that are placed on nonaccrual is reversed against interest income. Loans are returned to accrual status when all principal and interest amounts contractually due are brought current and future payments are reasonably assured. In order to return a nonaccrual loan to accrual status, each loan is evaluated on a case-by-case basis. We evaluate the borrower’s financial condition to ensure that future loan payments are reasonably assured. We also take into consideration the borrower’s willingness and ability to make the loan payments and historical repayment performance. We require the borrower to make the loan payments consistently for a period of at least six months as agreed to under the terms of any modified loan agreement before we will consider reclassifying the loan to accrual status. Impaired Loans A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, market conditions, rent rolls and the financial strength of the borrower(s) and guarantor(s), if any. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrowers, including the length of the delay, the reasons for the delay, the borrower’s prior payment history and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured by the fair value method on a loan-by-loan basis. When a loan is identified as impaired, its impairment is measured using the present value of expected future cash flows, discounted at the loan’s effective interest rate, except when the sole (remaining) source of repayment for the loan is the operation or liquidation of the collateral. In these cases, the Company uses an observable market price or current fair value of the collateral, less certain completion costs and closing costs when foreclosure is probable, instead of discounted cash flows. The Company obtains annual updated appraisals for impaired collateral dependent loans that exceed $1.0 million. In addition, the Company may order appraisals on properties not included within these guidelines when there are extenuating circumstances where the Company is not otherwise able to determine the fair value of the property. Appraised values may be discounted based on management’s historical knowledge, changes in market conditions from the time of valuation and/or management’s expertise and knowledge of the borrower. If management determines that the value of the impaired loan is less than the recorded investment in the loan, an impairment is recognized through an allowance estimate or a charge-off to the ALLL. Troubled Debt Restructurings Certain loan modifications or restructurings are accounted for as troubled debt restructurings (“TDR”). In general, the modification or restructuring of a debt is considered a TDR if, for economic or legal reasons related to the borrower’s financial difficulties, a concession is granted to the borrower that the Company would not otherwise consider. Examples of these modifications or restructurings include advancement of maturity date, accepting interest only payments for a period of time, or granting an interest rate concession for a period of time. The impaired portion of the loan with an interest rate concession and/or interest-only payments for a specific period of time are calculated based on the present value of expected future cash flows discounted at the loan’s effective interest rate. The effective interest rate is the rate of return implicit on the original loan. This impaired amount reduces the ALLL and a valuation allowance is established to reduce the loan balance. As loan payments are received in future periods, the ALLL entry is reversed and the valuation allowance is reduced utilizing the level-yield method over the modification period. A loan that is determined to be classified as a TDR is generally reported as a TDR until the loan is paid in full or otherwise settled, sold, or charged-off. The Company elected to apply the temporary relief under the CARES Act and related regulatory guidance to certain eligible short-term modifications, past due loans, and modifications. Qualifying loan modifications were not classified as TDR for accounting or disclosure purposes until 180 days following a loan's initial modification under the CARES Act and related regulatory guidance at which time those loans were classified as a TDR. Allowance for Loan and Lease Losses The allowance for loan and lease losses (“ALLL”) is a valuation allowance for probable incurred credit losses. Losses are charged against the allowance when management believes the uncollectability of a loan balance is confirmed. Any subsequent recoveries are credited to the allowance. The ALLL is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans and factors such as the nature and volume of the loan portfolio, historical loss considerations, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral, and prevailing economic conditions. The evaluation is inherently subjective, as it requires estimates that are susceptible to significant revision as more information becomes available. Additional analysis was completed on the ALLL during 2021 and 2020 based on the significance of loan modifications in accordance with the CARES Act and regulatory guidance. While management uses available information to recognize losses on loans, future additions to the allowance may be necessary based on changes in economic conditions or changes to the credit quality of the loan portfolio. In addition, various regulatory agencies, as an integral part of their examination process, periodically review the Company’s ALLL. Such agencies may require management to make adjustments to the allowance based on their judgments about information available to them at the time of their examination. Premises and Equipment Premises and equipment are stated at cost less accumulated depreciation and amortization. Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the assets. The estimated useful lives used to compute depreciation and amortization is 15 to 40 years for buildings and building improvements, and is three Federal Home Loan Bank Stock As a member of the Federal Home Loan Bank System, the Bank is required to maintain a minimum level of investment in the Federal Home Loan Bank of Des Moines (“FHLB”) stock, based on specified percentages of total assets and the Bank’s outstanding FHLB advances. Ownership of FHLB stock is restricted to the FHLB and member institutions. The Bank’s investment in FHLB stock is carried at par value ($100 per share), which reasonably approximates its fair value. Transfer of Financial Assets Transfers of an entire financial asset, a group of entire financial assets, or participating interest in an entire financial asset are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Bank, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Bank does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity. Other Real Estate Owned OREO consists principally of properties acquired through foreclosure and is originally stated at estimated market value less selling costs. Losses arising from the acquisition of property, in full or partial satisfaction of loans, are charged to the ALLL. Subsequent to the transfer of foreclosed assets held for sale, the assets are recorded at the lower of cost or fair value (less estimated costs to sell), based on periodic evaluations. Subsequent write-downs in value are charged to noninterest expense. Generally, legal and professional fees associated with foreclosures are expensed as incurred. Costs incurred to improve property prior to sale are capitalized; however, in no event are recorded costs allowed to exceed estimated fair value. Subsequent gains, losses, or expenses recognized on the sale of these properties are included in noninterest expense. The amounts that will ultimately be recovered from foreclosed assets may differ substantially from the carrying value of the assets because of future market factors beyond management’s control. Bank-Owned Life Insurance The Company has purchased life insurance on certain key executives and officers. Bank-owned life insurance (“BOLI”) is recorded at the amount that can be realized under the insurance contract at the balance sheet date, which is the cash surrender value adjusted for other charges or other amounts due that are probable at settlement. Increases to the cash surrender value are recorded as noninterest income and partially offset expenses for employee benefits. Certain BOLI contracts contain endorsement split-dollar life agreements. In these circumstances, the Bank accrues a reserve liability and related compensation expense for the expected future benefit payout. Loan Commitments and Related Financial Instruments Financial instruments include off-balance sheet credit instruments, such as unused lines of credit and commercial letters of credit issued to meet customer financing needs. The face amount of these items represents the exposure to loss before considering customer collateral or ability to repay. Such financial instruments are recorded when they are funded. Reserve for Unfunded Commitments Management maintains a reserve for unfunded commitments to absorb probable losses associated with our off-balance sheet commitments to lend funds such as unused lines of credit and the undisbursed portion of construction loans. Management determines the adequacy of the reserve based on reviews of individual exposures, current economic conditions, and other relevant factors. The reserve is based on estimates and ultimate losses may vary from the current estimates. The reserve is evaluated on a regular basis and necessary adjustments are reported in earnings during the period in which they become known. The reserve for unfunded commitments is included in the other liabilities section of the consolidated balance sheets. Stock-Based Compensation Compensation cost is recognized for stock options and restricted stock awards, based on the fair value of these awards at the grant date. A Black-Scholes model is utilized to estimate the fair value of stock options, while the market price of the Company’s common stock at the grant date is used for restricted stock awards. Compensation cost is recognized over the required service period, generally defined as the vesting period. For awards with graded vesting, compensation cost is recognized on a straight-line basis over the requisite service period for the entire award. Federal Income Taxes The Company files a consolidated Federal income tax return and records its provision for income taxes under the asset and liability method. Deferred taxes result from temporary differences in the recognition of certain income and expense amounts between the Company’s financial statements and its tax return. The principal items giving rise to these differences include net operating losses, valuation adjustments on foreclosed properties, and allowance for credit losses. Deferred tax assets and liabilities are reflected at currently enacted income tax rates applicable to the period in which the deferred tax assets or liabilities are expected to be realized or settled. As changes in tax laws or rates are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes. Valuation allowances are established to reduce the net carrying amount of deferred tax assets if it is determined to be more likely than not that all or some portion of the potential deferred tax asset will not be realized. The Company’s policy is to recognize interest and penalties associated with income tax matters in income tax expense. Employee Stock Ownership Plan The cost of shares issued to the Employee Stock Ownership Plan (“ESOP”), but not yet allocated to participants, is shown as a reduction of stockholders’ equity. Compensation expense is based on the market price of shares as they are committed to be released to participant accounts. Dividends on allocated ESOP shares reduce retained earnings; dividends on unearned ESOP shares reduce debt and accrued interest. Earnings Per Share Nonvested share-based payment awards that contain nonforfeitable rights to dividends or dividend equivalents are participating securities and are included in the computation of earnings per share (“EPS”) pursuant to the two-class method. The two-class method is an earnings allocation formula that determines EPS for each class of common stock and participating security according to dividends declared or accumulated and participation rights in undistributed earnings. Certain shares of the Company’s nonvested restricted stock awards qualify as participating securities. Net income is allocated between the common stock and participating securities pursuant to the two-class method, based on their rights to receive dividends, participate in earnings or absorb losses. Basic earnings per common share is computed by dividing net earnings available to common shareholders by the weighted average number of common shares outstanding during the period, excluding participating nonvested restricted shares. As ESOP shares are committed to be released, they are included in the outstanding shares used in the basic EPS calculation. Diluted earnings per share is computed in a similar manner, except that first the denominator is increased to include the number of additional shares that would have been outstanding if potentially dilutive shares, excluding the participating securities, were issued using the treasury stock method. For all periods presented, stock options and certain restricted stock awards are potentially dilutive non-participating instruments issued by the Company. Undistributed losses are not allocated to the nonvested share-based payment awards (the participating securities) under the two-class method as the holders are not contractually obligated to share in the losses of the Company. Comprehensive Income Comprehensive income consists of net income and unrealized gains and losses on investments available-for-sale and derivatives, which are also recognized as separate components of equity, net of tax. Advertising Expenses Advertising costs are generally expensed as incurred and are not material. Fair Value of Financial Instruments Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully disclosed in a separate note. Fair value estimates involve uncertainties and matters of significant judgment regarding interest rates, credit risk, prepayments and other factors, especially in the absence of broad markets for particular items. Changes in assumptions or in market conditions could significantly affect the estimates. Segment Information The Company’s activities are considered to be a single industry segment for financial reporting purposes. The Company is engaged in the business of attracting deposits from the general public and providing lending services. Substantially all income is derived from a diverse base of investments and commercial, construction, mortgage, and consumer lending activities. Reclassification Certain amounts in the consolidated financial statements for prior years have been reclassified to conform to the current consolidated financial statement presentation. The results of the reclassifications are not considered material and have no effect on previously reported net income or stockholders’ equity. Derivatives The Company designates certain interest rate swap agreements as a cash flow hedge, and as such, reports the net fair value as an asset or liability. The hedge is utilized to mitigate the risk of variability in future interest payments. The fair value of the cash flow hedge is based on dealer quotes, pricing models, discounted cash flow methodologies or similar techniques for which the determination of fair value may require significant management judgment or estimation. The derivative is marked to its fair value, with the change in fair value recorded as other comprehensive income or loss. The gain or loss on the derivative is reclassified into earnings in the same income statement line item that is used to present the earnings effect of the hedged item. Goodwill Goodwill is recorded from a business combination as the difference in purchase price and fair value of the assets acquired and liabilities assumed. Goodwill has an indefinite useful life, and as such, is not amortized. The Company performs a goodwill impairment analysis on an annual basis as of December 31. Additionally, the Company performs an impairment analysis as needed when circumstances indicate impairment potentially exists. Any impairment will be recorded as a noninterest expense and corresponding reduction in intangible asset on the consolidated financial statements. Core Deposit Intangible A core deposit intangible (“CDI”) asset is recognized from the assumption of core deposit liabilities in connection with the acquisition of four branches from Opus Bank, a California state-chartered commercial bank (the “Branch Acquisition”). The asset was valued by a third party and is amortized into noninterest expense over ten years. The CDI is evaluated for impairment annually with any additional decline recorded as a noninterest expense on the Consolidated Income Statement. Recent Accounting Pronouncements Adopted in 2021 In December 2019, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes . 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 (Subtopic 310-20) . 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. In August 2021, the FASB issued ASU 2021-06, Presentation of Financial Statements (Topic 205), Financial Services —Depository and Lending (Topic 942), and Financial Services—Investment Companies (Topic 946) . This ASU outlines the changes in the presentation of information on the balance sheet due to SEC Regulation S-X. This rule was put into place to better identify various items and whether they should appear on the face of the balance sheet or the accompanying notes. The Company adopted ASU 2021-06 in the fourth quarter of 2021 with no material impact on the Company’s consolidated financial statements. Recently Issued 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 increa

Investments

Investments	12 Months Ended
	Dec. 31, 2021
Investments [Abstract]
Investments	Investments The following tables summarize the amortized cost and fair value of investments available-for-sale at December 31, 2021 and 2020, and the corresponding amounts of gross unrealized gains and losses. December 31, 2021 Amortized Gross Gross Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 12,920 $ 146 $ (88) $ 12,978 Freddie Mac 13,039 115 (330) 12,824 Ginnie Mae 23,728 105 (146) 23,687 Other 11,278 47 (61) 11,264 Municipal bonds 36,078 677 (289) 36,466 U.S. Government agencies 41,711 61 (338) 41,434 Corporate bonds 29,997 505 (207) 30,295 $ 168,751 $ 1,656 $ (1,459) $ 168,948 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 $ 125,685 $ 2,680 $ (814) $ 127,551 There were $2.4 million of investments classified as held-to-maturity at both December 31, 2021, and 2020. In January 2020, the Bank purchased three annuity contracts to be held long-term to satisfy the benefit obligation associated with certain supplemental executive retirement plan agreements. The annuities are reported at amortized cost as investments held-to-maturity on the Company’s consolidated balance sheet. The amortized cost includes increases from interest income. The amortized cost and estimated fair value of investments available-for-sale at December 31, 2021, by expected maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Investments not due at a single maturity date, primarily mortgage‑backed investments, are shown separately. December 31, 2021 Amortized Cost Fair Value (In thousands) Due within one year $ 399 $ 404 Due after one year through five years 8,547 8,592 Due after five years through ten years 27,501 27,784 Due after ten years 71,339 71,415 107,786 108,195 Mortgage-backed investments 60,965 60,753 $ 168,751 $ 168,948 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. Investments with a carrying value of $23.1 million and $23.4 million were pledged as collateral for public deposits at December 31, 2021, and 2020, respectively, both of which exceeded the minimum collateral requirements established by the Washington Public Deposit Protection Commission. At both December 31, 2021, and 2020, there were no investments pledged as collateral for FHLB advances. Sales and other redemptions of available-for-sale investments were as follows: Year Ended December 31, 2021 2020 (In thousands) Proceeds $ 20,042 $ 12,082 Gross gains 104 189 Gross losses (72) (103) The following tables summarize the aggregate fair value and gross unrealized loss by length of time those investments have been continuously in an unrealized loss position at December 31, 2021 and 2020. December 31, 2021 Less Than 12 Months 12 Months or Longer Total Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized (In thousands) Mortgage-backed investments: Fannie Mae $ 6,279 $ (88) $ — $ — $ 6,279 $ (88) Freddie Mac 4,709 (233) 3,214 (97) 7,923 (330) Ginnie Mae 18,539 (146) — — 18,539 (146) Other 4,815 (61) — — 4,815 (61) Municipal bonds 18,805 (264) 1,059 (25) 19,864 (289) U.S. Government agencies 10,123 (34) 21,682 (304) 31,805 (338) Corporate bonds 985 (15) 3,809 (192) 4,794 (207) $ 64,255 $ (841) $ 29,764 $ (618) $ 94,019 $ (1,459) December 31, 2020 Less Than 12 Months 12 Months or Longer Total Fair Value Unrealized Fair Value Unrealized Fair Value 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) $ 1,716 $ (11) $ 44,038 $ (803) $ 45,754 $ (814) At December 31, 2021, and 2020, the Company had 51 and 20 securities, respectively, with a gross unrealized loss position. Management reviewed the financial condition of the entities underlying the securities at both December 31, 2021, and December 31, 2020, and determined that no OTTI was required. Management believes that, while actual fluctuation in unrealized losses will occur over the life of an investment security, the temporary impairment on the investment securities that were in an unrealized loss position at December 31, 2021 and 2020, will be incrementally relieved as the individual investment securities approach their respective contractual maturity dates. The unrealized losses relate principally to the general change in interest rate and illiquidity, and not credit quality. As management does not intend to sell the security, and it is likely that it will not be required to sell the security before its anticipated recovery, no declines are deemed to be other-than-temporary.

Loans Receivable

Loans Receivable	12 Months Ended
	Dec. 31, 2021
Receivables [Abstract]
Loans Receivable	Loans Receivable Loans receivable net of loans in process (“LIP”) at December 31, 2021, and 2020 are summarized as follows: December 31, 2021 2020 (In thousands) One-to-four family residential: Permanent owner occupied $ 185,320 $ 206,323 Permanent non-owner occupied 199,796 175,637 385,116 381,960 Multifamily 130,146 136,694 Commercial real estate 419,417 385,265 Construction/land: (1) One-to-four family residential 34,677 33,396 Multifamily 37,194 51,215 Commercial 6,189 5,783 Land 15,395 1,813 93,455 92,207 Business 46,590 80,663 Consumer 44,812 40,621 Total loans 1,119,536 1,117,410 Less: Deferred loan fees, net (2) 418 1,654 ALLL 15,657 15,174 Loans receivable, net $ 1,103,461 $ 1,100,582 ____________ (1) Included in the construction/land category are “rollover” loans, which are loans that will convert upon completion of the construction period to permanent loans. At that time, the loans will be classified according to the underlying collateral. In addition, raw land or buildable lots, where the Company does not intend to finance the construction are included in the construction/land category. At December 31, 2021, the Company classified $37.2 million of multifamily loans, $12.9 million of commercial land loans and $6.2 million of commercial real estate loans as construction/land loans to facilitate the review of the composition of its loan portfolio . At December 31, 2020, $51.2 million of multifamily loans, $1.8 million of commercial land loans, and $5.8 million of commercial real estate loans were reclassified to the construction/land category. (2) Deferred loan fees, net, include $3.3 million of unamortized loan purchase premiums. At both December 31, 2021, and 2020, there were no loans classified as held for sale. Concentrations of credit. Most of the Bank’s lending activity occurs within the state of Washington. The primary market areas include King and to a lesser extent Pierce, Snohomish and Kitsap counties. At December 31, 2021, the Company’s loan portfolio consists of one-to-four family residential loans which comprised 34.4%, commercial real estate and multifamily loans were 37.5% and 11.6%, respectively, and construction/land loans were 8.4% of the total loan portfolio. Consumer and business loans accounted for the remaining 8.1% of the loan portfolio. During the years ended December 31, 2021, and 2020, the Bank participated in the U.S. Small Business Administration (“SBA”) Paycheck Protection Program (“PPP”), a guaranteed unsecured loan program enacted under the CARES Act to provide near-term relief to help small businesses impacted by COVID-19 sustain operations. Forgiveness payments received from the SBA reduced the balance of PPP loans included in commercial business loans to $10.8 million at December 31, 2021, all of which is fully guaranteed by the SBA. The Bank expects that the majority of remaining PPP borrowers will seek full or partial forgiveness of their loan obligations in accordance with the CARES Act. The Company’s five largest borrowing relationships had an aggregate total of $106.6 million at December 31, 2021, representing 9.5% of total loans receivable. The Company originates both adjustable and fixed interest rate loans. The composition of loans receivable at December 31, 2021, and 2020, was as follows: December 31, 2021 Fixed Rate Adjustable Rate Term to Maturity Principal Balance Term to Rate Adjustment Principal Balance (In thousands) Due within one year $ 39,712 Due within one year $ 284,631 After one year through three years 50,504 After one year through three years 74,706 After three years through five years 92,824 After three years through five years 177,607 After five years through ten years 118,310 After five years through ten years 103,909 Thereafter 177,333 Thereafter — $ 478,683 $ 640,853 December 31, 2020 Fixed Rate Adjustable Rate Term to Maturity Principal Balance Term to Rate Adjustment Principal Balance (In thousands) Due within one year $ 30,627 Due within one year $ 294,220 After one year through three years 92,301 After one year through three years 82,153 After three years through five years 106,298 After three years through five years 98,296 After five years through ten years 107,788 After five years through ten years 100,495 Thereafter 205,232 Thereafter — $ 542,246 $ 575,164 Our adjustable-rate loans are tied to various indexes, including LIBOR, the prime rate as published in The Wall Street Journal, and the FHLB. Certain adjustable‑rate loans have interest rate adjustment limitations and are generally indexed to the FHLB Long-Term Bullet advance rates published by the FHLB. Future market factors may affect the correlation of the interest rate adjustment with the rates paid on short‑term deposits that have been primarily utilized to fund these loans. Credit Quality Indicators . The Company assigns a risk rating to all credit exposures based on the 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” have well defined weaknesses which make the full collection or liquidation of the loan highly questionable and improbable. This classification is used where significant risk exposures are perceived but the exact amount of the loss cannot yet be determined due to pending events. • Grade 9: Assets classified as “loss” are considered uncollectible and cannot be justified as a viable asset for the Company. There is little or no prospect of near term recovery and no realistic strengthening action of significance is pending. As of both December 31, 2021, and 2020, the Company had no loans rated as doubtful or loss. The following tables represent a summary of loans at December 31, 2021, and 2020 by type and risk category: December 31, 2021 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Risk Rating: Pass, grade 1-4 $ 383,276 $ 126,149 $ 351,241 $ 91,202 $ 46,590 $ 44,379 $ 1,042,837 Pass, grade 5 911 3,997 23,019 2,253 — 33 30,213 Special mention 929 — 11,127 — — 221 12,277 Substandard — — 34,030 — — 179 34,209 Total $ 385,116 $ 130,146 $ 419,417 $ 93,455 $ 46,590 $ 44,812 $ 1,119,536 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 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 $ 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 loss allowances. Loan grades are used by the Company to identify and track potential problem loans which do not rise to the levels described for substandard, doubtful, or loss. The grades for watch and special mention are assigned to loans which have been criticized based upon known characteristics such as periodic payment delinquency or stale financial information from the borrower and/or guarantors. Loans identified as criticized (watch and special mention) or classified (substandard, doubtful or loss) are subject to problem loan reporting every three months. The following tables summarize changes in the ALLL and loan portfolio by type of loan and reserve method for the periods indicated. The analysis of pooled loans excluded PPP loans as the Bank expects the majority of PPP borrowers will seek full or partial forgiveness of their loan obligations in accordance with the CARES Act. At or For the Year Ended December 31, 2021 One-to-Four Multifamily Commercial Construction/ Business Consumer Total ALLL: (In thousands) Beginning balance $ 3,181 $ 1,366 $ 6,127 $ 2,189 $ 1,242 $ 1,069 $ 15,174 Charge-offs — — — — — — — Recoveries 183 — — — — — 183 (Recapture) (150) (87) 488 (125) (130) 304 300 Ending balance $ 3,214 $ 1,279 $ 6,615 $ 2,064 $ 1,112 $ 1,373 $ 15,657 General reserve $ 3,194 $ 1,279 $ 6,615 $ 2,064 $ 1,112 $ 1,373 $ 15,637 Specific reserve 20 — — — — — 20 Loans: Total Loans $ 385,116 $ 130,146 $ 419,417 $ 93,455 $ 46,590 $ 44,812 $ 1,119,536 Loans collectively evaluated for impairment (1) (3) $ 383,009 130,146 385,387 93,455 46,590 44,812 1,083,399 Loans individually evaluated for impairment (2) 2,107 — 34,030 — — — 36,137 ____________ (1) Loans collectively evaluated for general reserves. (2) Loans individually evaluated for specific reserves. (3) PPP loans totaling $10.8 million were excluded from the collectively evaluated pool when calculating the ALLL as payment on these loans is guaranteed by the SBA. At or For the Year Ended December 31, 2020 One-to-Four Family Residential Multifamily Commercial Construction/ Business Consumer Total ALLL: (In thousands) Beginning balance $ 3,034 $ 1,607 $ 4,559 $ 2,222 $ 1,140 $ 656 $ 13,218 Charge-offs — — — — — (2) (2) Recoveries 28 — 30 — — — 58 (Recapture) 119 (241) 1,538 (33) 102 415 1,900 Ending balance $ 3,181 $ 1,366 $ 6,127 $ 2,189 $ 1,242 $ 1,069 $ 15,174 General reserve $ 3,173 $ 1,366 $ 6,127 $ 2,189 $ 1,242 $ 1,069 $ 15,166 Specific reserve 8 — — — — — 8 Loans: Total Loans $ 381,960 $ 136,694 $ 385,265 $ 92,207 $ 80,663 $ 40,621 $ 1,117,410 Loans collectively evaluated for impairment (1) (3) $ 379,333 134,590 368,596 92,207 80,663 40,621 1,096,010 Loans individually evaluated for impairment (2) 2,627 2,104 16,669 — — — 21,400 _____________ (1) Loans collectively evaluated for general reserves. (2) Loans individually evaluated for specific reserves. (3) PPP loans totaling $41.3 million were excluded from the collectively evaluated pool when calculating the ALLL as payment on these loans is guaranteed by the SBA. Past Due Loans. At December 31, 2021, total past due loans comprised 0.02% of total loans as compared to 0.24% at December 31, 2020. The following tables represent a summary at December 31, 2021, and 2020, of the aging of loans by type: Loans Past Due as of December 31, 2021 30-59 Days 60-89 Days 90 Days and Greater Total Current Total Loans (1) (In thousands) Real estate: One-to-four family residential: Owner occupied $ — $ — $ — $ — $ 185,320 $ 185,320 Non-owner occupied — — — — 199,796 199,796 Multifamily — — — — 130,146 130,146 Commercial real estate — — — — 419,417 419,417 Construction/land — — — — 93,455 93,455 Total real estate — — — — 1,028,134 1,028,134 Business 76 — — 76 46,514 46,590 Consumer 179 — — 179 44,633 44,812 Total $ 255 $ — $ — $ 255 $ 1,119,281 $ 1,119,536 _________________________ (1) There were no loans 90 days past due and still accruing interest at December 31, 2021. Loans Past Due as of December 31, 2020 30-59 Days 60-89 Days 90 Days and Greater Total Current Total Loans (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 $ 549 $ — $ 2,104 $ 2,653 $ 1,114,757 $ 1,117,410 ________________________ (1) There were no loans 90 days past due and still accruing interest at December 31, 2020. Nonaccrual Loans. The following table is a summary of nonaccrual loans at December 31, 2021, and 2020, by type of loan: December 31, 2021 2020 (In thousands) Multifamily $ — $ 2,104 Total nonaccrual loans $ — $ 2,104 During 2021, the $2.1 million nonaccrual loan at December 31, 2020, paid off, resulting in no nonaccrual loans at December 31, 2021. The payoff of this loan included all past due interest, and as a result the Company had no foregone interest on nonaccrual loans for the year ended December 31, 2021, as compared to $82,000 of foregone interest for the year ended December 31, 2020. The following tables summarize the loan portfolio at December 31, 2021, and 2020, by type and payment activity: December 31, 2021 One-to-Four Multifamily Commercial Construction / Business Consumer Total (In thousands) Performing (1) $ 385,116 $ 130,146 $ 419,417 $ 93,455 $ 46,590 $ 44,812 $ 1,119,536 Nonperforming — — — — — — — Total $ 385,116 $ 130,146 $ 419,417 $ 93,455 $ 46,590 $ 44,812 $ 1,119,536 ____________ (1) There were $185.3 million of owner-occupied one-to-four family residential loans and $199.8 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) — 2,104 — — — — 2,104 Total $ 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. The loan portfolio is constantly being monitored by management for delinquent loans and changes in the financial condition of each borrower. When an issue is identified with a borrower and it is determined that the loan needs to be classified as nonperforming and/or impaired, an evaluation of the collateral is performed prior to the end of the financial reporting period and, if necessary, an appraisal is ordered in accordance with the Company’s appraisal policy guidelines. Based on this evaluation, any additional provision for loan loss or charge-offs that may be needed is recorded prior to the end of the financial reporting period. At both December 31, 2021, and 2020, there were no commitments to advance funds related to impaired loans. The following tables present a summary of loans individually evaluated for impairment at December 31, 2021, and 2020, by the type of loan: At December 31, 2021 Recorded Investment (1) Unpaid Principal Balance (2) Related Allowance (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 178 $ 185 $ — Non-owner occupied 915 915 — Commercial real estate 34,030 34,030 — Total 35,123 35,130 — Loans with an allowance: One-to-four family residential: Owner occupied 494 541 19 Non-owner occupied 520 520 1 Total 1,014 1,061 20 Total impaired loans: One-to-four family residential: Owner occupied 672 726 19 Non-owner occupied 1,435 1,435 1 Commercial real estate 34,030 34,030 — Total $ 36,137 $ 36,191 $ 20 _________________ (1) Represents the loan balance less charge-offs. (2) Contractual loan principal balance. At 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 a summary of the average recorded investment in impaired loans, and interest income recognized on impaired loans for the years ended December 31, 2021 and 2020, by the type of loan: Year Ended December 31, 2021 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 $ 217 $ 12 $ 380 $ 18 Non-owner occupied 947 62 1,207 69 Multifamily 828 — 2,104 186 Commercial real estate 23,994 1,329 10,568 684 Construction/land — — 5,635 — Total 25,986 1,403 19,894 957 Loans with an allowance: One-to-four family residential: Owner occupied 498 31 503 9 Non-owner occupied 756 37 1,206 52 Total 1,254 68 1,709 61 Total impaired loans: One-to-four family residential: Owner occupied 715 43 883 27 Non-owner occupied 1,703 99 2,413 121 Multifamily 828 — 2,104 186 Commercial real estate 23,994 1,329 10,568 684 Construction/land — — 5,635 — Total $ 27,240 $ 1,471 $ 21,603 $ 1,018 Troubled Debt Restructurings . The following is a summary of information pertaining to TDRs: December 31, 2021 2020 (In thousands) Performing TDRs $ 2,107 $ 3,869 Nonaccrual TDRs — — Total TDRs $ 2,107 $ 3,869 The accrual status of a loan may change after it has been classified as a TDR. Management considers the following in determining the accrual status of restructured loans: (1) if the loan was on accrual status prior to the restructuring, the borrower has demonstrated performance under the previous terms, and a credit evaluation shows the borrower’s capacity to continue to perform under the restructured terms (both principal and interest payments), the loan will remain on accrual at the time of the restructuring; (2) if the loan was on nonaccrual status before the restructuring, and the Company’s credit evaluation shows the borrower’s capacity to meet the restructured terms, the loan would remain as nonaccrual for a minimum of six months until the borrower has demonstrated a reasonable period of sustained repayment performance (thereby providing reasonable assurance as to the ultimate collection of principal and interest in full under the modified terms). The following table presents for the periods indicated TDRs and their recorded investment prior to the modification and after the modification: Year Ended December 31, 2021 2020 Number Pre-Modification Outstanding Post-Modification Outstanding Number Pre-Modification Outstanding Post-Modification Outstanding (Dollars in thousands) TDRs that occurred during the period: One-to-four family residential: Principal and interest with interest rate — $ — $ — — $ — $ — Advancement of maturity date 3 1,353 1,353 — — — Commercial real estate: Advancement of maturity date 1 1,241 1,241 1 1,249 1,249 Total 4 $ 2,594 $ 2,594 1 $ 1,249 $ 1,249 The 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, as amended by the CAA, 2021, 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 January 1, 2022. At December 31, 2021, the Company had no loans that were on active short-term deferrals under the CARES Act and related regulatory guidance. Loan modifications made in accordance with the CARES Act are still subject to an impairment evaluation. At December 31, 2021 and 2020, the Company had no commitments to extend additional credit to borrowers whose loan terms have been modified in a TDR. All TDRs are also classified as impaired loans and are included in the loans individually evaluated for impairment in the calculation of the ALLL. There were no charge-offs to the ALLL for the years ended December 31, 2021 and 2020, related to TDRs. For the years ended December 31, 2021 and 2020, there were no payment defaults on loans modified as TDRs within the previous 12 months. At both December 31, 2021, and 2020, the Bank had no loans outstanding with executive officers or directors.

Other Real Estate Owned

Other Real Estate Owned	12 Months Ended
	Dec. 31, 2021
Other Real Estate [Abstract]
Other Real Estate Owned	Other Real Estate Owned The following table is a summary of OREO activity for the periods indicated: Year Ended December 31, 2021 2020 (In thousands) Balance at beginning of year $ 454 $ 454 Net proceeds from sale of OREO (247) — Loss on sale of OREO (207) — Balance at end of year $ — $ 454 During the year ended December 31, 2021, the two commercial properties comprising the $454,000 balance of OREO at December 31, 2020, were sold, resulting in a loss on sale of $207,000 that was included in OREO related expenses, net, on the Company’s Consolidated Income Statements. Prior to the sale, there were no market value adjustments taken on the properties in OREO. At December 31, 2021, there were no mortgage loans secured by residential real estate in the process of foreclosure.

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Premises and Equipment	Premises and Equipment Premises and equipment consisted of the following at December 31, 2021, and 2020: December 31, 2021 2020 (In thousands) Land $ 2,226 $ 2,226 Buildings and improvements 21,617 20,213 Leasehold improvements 5,946 5,273 Furniture and fixtures 3,751 3,737 Equipment 2,323 2,110 Computer hardware and software 3,771 3,703 39,634 37,262 Less accumulated depreciation and amortization (17,194) (15,168) Construction in process — 485 Total premises and equipment, net $ 22,440 $ 22,579 Depreciation and amortization expense was $2.2 million for the years ended December 31, 2021 and 2020.

Fair Value of Financial Instrum

Fair Value of Financial Instruments	12 Months Ended
	Dec. 31, 2021
Fair Value Disclosures [Abstract]
Fair Value of Financial Instruments	Fair Value of Financial Instruments 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 during the periods presented): December 31, 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) Available-for-sale investments: Mortgage-backed investments: Fannie Mae $ 12,978 $ — $ 12,978 $ — Freddie Mac 12,824 744 12,080 — Ginnie Mae 23,687 — 23,687 — Other 11,264 3,023 8,241 — Municipal bonds 36,466 — 36,466 — U.S. Government agencies 41,434 — 41,434 — Corporate bonds 30,295 — 30,295 — Total available-for-sale investments $ 168,948 $ 3,767 $ 165,181 $ — Derivative fair value asset $ 1,491 $ — $ 1,491 $ — Total $ 170,439 $ 3,767 $ 166,672 $ — 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) Available-for-sale investments: 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 and liabilities measured at fair value on a nonrecurring basis at December 31, 2021, and 2020. December 31, 2021 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans receivable, net) (1) $ 36,118 $ — $ — $ 36,118 OREO — — — — Total $ 36,118 $ — $ — $ 36,118 _______________ (1) Total value of impaired loans is net of $20,000 of specific reserves on performing TDRs. December 31, 2020 Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) 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 value of impaired loans is net of $8,000 of specific reserves on performing TDRs. The following tables present quantitative information about Level 3 fair value measurements for financial assets measured at fair value on a nonrecurring basis at December 31, 2021 and 2020. December 31, 2021 Fair Value Valuation Technique(s) Unobservable Input(s) Range (Weighted Average Change in Fair Value) (Dollars in thousands) Impaired Loans (1) $ 36,118 Market approach Appraised value of collateral discounted by expected selling costs 0.0% (0.00%) _______________ (1) Total value of impaired loans is net of $20,000 of specific reserves on performing TDRs. December 31, 2020 Fair Value Valuation Technique(s) Unobservable Input(s) Range (Weighted Average Change in Fair Value) (Dollars in thousands) Impaired Loans (1) $ 21,392 Market approach Appraised value of collateral discounted by expected selling costs 0.0% (0.00%) OREO $ 454 Market approach Estimated selling price less selling costs 0.0% (0.00%) ________________ (1) Total value of impaired loans is net of $8,000 of specific reserves on performing TDRs. The fair value calculation of the Company’s financial instruments attempts to incorporate market conditions at a specific point in time. The underlying assumptions are generally subjective and involve uncertainties. Therefore, these fair value estimates are not intended to represent the underlying value of the Company as a whole. The carrying amounts and estimated fair values of financial instruments at December 31, 2021, and 2020, were as follows: December 31, 2021 Fair Value Measurements Using: Carrying Value Estimated Fair Value Level 1 Level 2 Level 3 (In thousands) Financial Assets: Cash on hand and in banks $ 7,246 $ 7,246 $ 7,246 $ — $ — Interest-earning deposits 66,145 66,145 66,145 — — Investments available-for-sale 168,948 168,948 3,767 165,181 — Investments held-to-maturity 2,432 2,432 — 2,432 — Loans receivable, net 1,103,461 1,109,887 — — 1,109,887 FHLB stock 5,465 5,465 — 5,465 — Accrued interest receivable 5,285 5,285 — 5,285 — Derivative fair value asset 1,491 1,491 — 1,491 — Financial Liabilities: Deposits 863,347 863,347 863,347 — — Certificates of deposit, retail 294,127 295,929 — 295,929 — Advances from the FHLB 95,000 95,003 — 95,003 — Accrued interest payable 112 112 — 112 — December 31, 2020 Fair Value Measurements Using: Carrying Value Estimated Fair Value Level 1 Level 2 Level 3 (In thousands) Financial Assets: Cash on hand and in banks $ 7,995 $ 7,995 $ 7,995 $ — $ — Interest-earning deposits 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 — Fair value estimates are based on existing balance sheet financial instruments without attempting to estimate the value of anticipated future business. The fair value has not been estimated for assets and liabilities that are not considered financial instruments.

Accrued Interest Receivable

Accrued Interest Receivable	12 Months Ended
	Dec. 31, 2021
Accrued Interest Receivable [Abstract]
Accrued Interest Receivable	Accrued Interest Receivable Accrued interest receivable consisted of the following at December 31, 2021 and 2020: December 31, 2021 2020 (In thousands) Loans receivable $ 4,634 $ 5,031 Investments 651 477 $ 5,285 $ 5,508

Deposits

Deposits	12 Months Ended
	Dec. 31, 2021
Deposits [Abstract]
Deposits	Deposits Deposit accounts consisted of the following at December 31, 2021 and 2020: December 31, 2021 2020 (In thousands) Noninterest-bearing $ 117,751 $ 91,285 Interest-bearing demand 97,907 108,182 Savings 23,146 19,221 Money market 624,543 465,369 Certificates of deposit, retail (1) 294,127 409,576 $ 1,157,474 $ 1,093,633 _______________ (1) Shown net of $3,000 and $12,000 unamortized purchase accounting adjustment on December 31, 2021, and 2020, respectively. At December 31, 2021, scheduled maturities of certificates of deposit were as follows: December 31, Amount (In thousands) 2022 $ 145,337 2023 95,987 2024 42,511 2025 7,527 2026 2,765 $ 294,127 Deposits included public funds of $60.6 million and $59.2 million at December 31, 2021 and 2020, respectively. Certificates of deposit equal to or exceeding the FDIC insured amount of $250,000 included in deposits at December 31, 2021, and 2020, were $77.4 million and $135.6 million, respectively. Interest expense on certificates of deposit equal to or exceeding $250,000 totaled $1.2 million and $3.0 million for the years ended December 31, 2021 and 2020, respectively. Included in total deposits are accounts of $2.2 million and $2.1 million at December 31, 2021, and 2020, respectively, which are controlled by related parties. Interest expense on deposits for the periods indicated was as follows: Year Ended December 31, 2021 2020 (In thousands) Interest-bearing demand $ 90 $ 292 Savings 6 15 Money market 1,601 3,497 Certificates of deposit, retail 5,519 9,474 Certificates of deposit, brokered — 727 $ 7,216 $ 14,005

Other Borrowings

Other Borrowings	12 Months Ended
	Dec. 31, 2021
Other Borrowings [Abstract]
Other Borrowings	Other Borrowings The Bank maintained credit facilities with the FHLB at December 31, 2021, and 2020, totaling $648.1 million and $614.4 million, respectively. At December 31, 2021, the credit facility was collateralized by $223.0 million of single-family residential mortgages, $145.4 million of commercial real estate loans, and $54.1 million of multifamily loans under a blanket lien arrangement. At December 31, 2020, the credit facility was collateralized by $255.5 million of single-family residential mortgages, $196.2 million of commercial real estate loans, and $72.1 million of multifamily loans under a blanket lien arrangement. The Bank also had $84.8 million of unused line-of-credit facilities with the FRB and $75.0 million with other financial institutions at December 31, 2021, with interest payable at the then stated rate. Summary information related to FHLB advances and other borrowings during the years ended December 31, 2021, and 2020 consisted of the following: Year ended December 31, 2021 2020 (Dollars in thousands) Maximum borrowing outstanding at any month end $ 120,000 $ 160,000 Average borrowing outstanding during year 115,466 125,392 Balance outstanding at end of year 95,000 120,000 Average rate paid during the year 1.39 % 1.31 % Weighted-average rate paid at end of year 1.26 1.40 At December 31, 2021, all $95.0 million of FHLB advances were due to mature in 2022.

Leases

Leases	12 Months Ended
	Dec. 31, 2021
Leases [Abstract]
Leases	Leases The Company follows ASC topic 842, Leases , recognizing ROU assets and lease liabilities on the Company’s consolidated balance sheets. At December 31, 2021, the Company had thirteen operating leases for retail branch locations. The remaining initial lease terms range from 13 months to 9.1 years, with most leases carrying optional extensions of three The minimum monthly lease payments are generally based on square footage of the leased premises, with escalating minimum rent over the lease term. At December 31, 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 in the Company’s consolidated income statement 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 Company’s consolidated balance sheet includes the ROU and lease liability. The following table includes details on these items at and for the years ended December 31, 2021, and 2020. December 31, 2021 December 31, 2020 (in thousands) Lease expense, year-to-date $ 1,061 $ 936 ROU 3,646 3,647 Lease liability 3,805 3,783 Weighted average remaining term (in years) 6.26 7.23 Weighted average discount rate 1.91% 2.10% The following table provides a reconciliation between the undiscounted minimum lease payments at December 31, 2021 and the discounted lease liability at that date: December 31, 2021 (in thousands) Due through one year $ 839 Due after one year through two years 723 Due after two years through three years 622 Due after three years through four years 526 Due after four years through five years 332 Due after five years 1,003 Total minimum lease payments 4,045 Less: present value discount 240 Lease liability $ 3,805

Derivatives

Derivatives	12 Months Ended
	Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Derivatives The Company uses derivative financial instruments in the form of interest rate swap agreements, which are designated as cash flow hedges, to manage the risk of changes in future cash flows due to interest rate fluctuations. At December 31, 2021, the hedged items have a total notional amount of $95.0 million, and consist of rolling one-month or three-month FHLB advances that are renewed at the fixed interest rate at each renewal date. The hedging instruments have four eight Quarterly, the effectiveness evaluation is based upon the fluctuation of the interest the Company pays to the FHLB for the debt as compared to the one-month or three-month LIBOR interest received from the counterparty. At December 31, 2021, the $1.5 million net fair value gain of the cash flow hedges was reported with other assets. The tax effected amount of $1.2 million was included in Accumulated Other Comprehensive Income. There were no amounts recorded in the Consolidated Income Statements for the years ended December 31, 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 derivative instruments as of December 31, 2021 and 2020: Balance Sheet Location Fair Value at December 31, 2021 Fair Value at December 31, 2020 (In thousands) Interest rate swaps on FHLB debt designated as cash flow hedges Other assets (other liabilities) $ 1,491 $ (2,825) The following table presents the net unrealized gains (losses) on derivative instruments, net of tax, included on the Consolidated Statements of Comprehensive Income for the years ended December 31, 2021 and 2020: Location 2021 Amount of Gain Recognized In OCI, net of tax 2020 Amount of Loss Recognized In OCI, net of tax (In thousands) Interest rate swaps on FHLB debt designated as cash flow hedge Other Comprehensive Income $ 3,410 $ (2,568)

Benefit Plans

Benefit Plans	12 Months Ended
	Dec. 31, 2021
Retirement Benefits [Abstract]
Benefit Plans	Benefit Plans Multi-employer Pension Plans The Company participates in the Pentegra Defined Benefit Plan for Financial Institutions (“The Pentegra DB Plan”), a tax-qualified defined-benefit pension plan that covers substantially all employees after one year of continuous employment. Pension benefits vest over a period of five years of credited service. The Pentegra DB Plan’s Employer Identification Number is 13-5645888 and the Plan Number is 333. The Pentegra DB Plan operates as a multi-employer plan for accounting purposes and as a multiple-employer plan under the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code. There are no collective bargaining agreements in place that require contributions to the Pentegra DB Plan. The Pentegra DB Plan is a single plan under Internal Revenue Code Section 413(c) and, as a result, all of the assets stand behind all of the liabilities. Accordingly, under the Pentegra DB Plan, contributions made by a participating employer may be used to provide benefits to participants of other participating employers. As of March 31, 2013, the Pentegra DB Plan was frozen, eliminating all future benefit accruals for employees. Each employee’s accrued benefit was determined as of March 31, 2013. The funding target is the present value of all benefits that have accrued as of the first day of the current plan year (July 1). Because interest rates used to calculate the present value of all benefits (5.56% for 2021 and 5.35% for 2020) is significantly higher than current market rates, the funding target does not represent the Company’s actual liability upon withdrawal from participation in the Pentegra DB Plan, which is significantly larger than the funding target. The table below presents the funded status (market value of plan assets divided by funding target) of the plan as of July 1: 2021 2020 Source Valuation Report Valuation Report First Financial Northwest’s Plan (1) 111.2 % 101.7 % _________________ (1) Market value of plan assets reflects any contributions received through June 30, 2021, or 2020, respectively. Total contributions made to the Pentegra DB Plan, as reported on Pentegra’s Form 5500 for the plan year ending June 30, 2020, were $253.2 million and $138.3 million for both the plan years ended June 30, 2020 and June 30, 2019, respectively. The Company’s contributions to the Pentegra DB Plan are not more than 5% of the total contributions to the Pentegra DB Plan for the plan year ending June 30, 2020. The Company’s policy is to fund pension costs as accrued. Total contributions by the Company during the years ended December 31, 2021 and 2020 were: 2021 2020 Date Paid Amount Date Paid Amount (In thousands) 11/18/2021 $ 207 12/8/2020 $ 171 Total $ 207 Total $ 171 Supplemental Executive Retirement Plan The Company has entered into post-employment agreements with certain key officers to provide supplemental retirement benefits. The Company recorded $175,000 and $235,000 of compensation expense for the years ended December 31, 2021, and 2020, respectively. At December 31, 2021, a $922,000 liability was included in other liabilities on the Company’s consolidated balance sheet in support of the expected current and future benefit payments on these agreements. In addition, in January 2020, the Company purchased three annuity contracts, totaling $2.4 million, to satisfy the benefit obligation associated with certain supplemental executive retirement plan agreements. 401(k) Plan The Company has a savings plan under Section 401(k) of the Internal Revenue Code, covering substantially all employees after 60 days of continuous employment. Under the plan, employee contributions up to 6% will be matched 50% by the Company. Such matching becomes vested over a period of five years of credited service. Employees may make investments in various stock, money market, or fixed income plans. The Company contributed $319,000 and $266,000 to the plan for the years ended December 31, 2021, and 2020, respectively. Employee Stock Ownership Plan The Company provides an ESOP for the benefit of substantially all employees. The ESOP borrowed $16.9 million from First Financial Northwest and used those funds to acquire 1,692,800 shares of First Financial Northwest’s stock at the time of the initial public offering at a price of $10.00 per share. The loan matures on October 8, 2022 and has a fixed interest rate of 4.88%. Shares purchased by the ESOP with the loan proceeds are held in a suspense account and are allocated to ESOP participants on a pro rata basis as principal and interest payments are made by the ESOP to First Financial Northwest. The loan is secured by shares purchased with the loan proceeds and will be repaid by the ESOP with funds from the Company’s discretionary contributions to the ESOP and earnings on the ESOP assets. Annual principal and interest payments of $1.6 million were made by the ESOP during 2021, and 2020. As shares are committed to be released from collateral, the Company reports compensation expense equal to the daily average market prices of the shares and the shares become outstanding for EPS computations. The compensation expense is accrued throughout the year. A summary of key transactions for the ESOP for the years ended December 31, follows: 2021 2020 (In thousands) ESOP contribution expense $ 1,696 $ 1,200 Dividends on unallocated ESOP shares used to reduce ESOP contribution 87 124 Shares held by the ESOP at December 31, 2021 and 2020, are as follows: December 31, 2021 2020 (Dollars in thousands, except share data) Allocated shares 1,608,160 1,495,307 Unallocated shares 84,640 197,493 Total ESOP shares 1,692,800 1,692,800 Fair value of unallocated shares $ 1,369 $ 2,251 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. The 2016 Plan expires in 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 be awarded. 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. Restricted stock awards and stock options that were granted under the 2008 Plan are vested and available for exercise, subject to the 2008 Plan provisions. At December 31, 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. 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. Total compensation expense for the 2016 Plan for the year ended December 31, 2021, was $708,000. The final compensation expense for the 2008 Plan and the total compensation for the 2016 Plan for the year ended December 31, 2020, was $427,000. The related income tax benefit was $149,000 and $90,000 for the years ended December 31, 2021, and 2020, 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. At December 31, 2021, the 272,000 shares available for exercise were previously granted under the 2008 Plan and are fully vested. Stock options have a contractual period of ten years. Any unexercised stock options will expire ten years after the grant date, or sooner in the event of the award recipient’s death, disability or termination of service with the Company. 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. 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. The fair value of each option award is estimated on the grant date using a Black-Scholes model that uses the assumptions noted in the table below. The dividend yield is based on the current quarterly dividend in effect at the time of the grant. Historical employment data is used to estimate the forfeiture rate. 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 “simplified” method permitted by the U.S. Securities and Exchange Commission 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. There were no stock options granted in 2021 or 2020. A summary of the Company’s stock option plan awards activity for the year ended December 31, 2021 follows: Shares Weighted- Weighted- Aggregate Outstanding at January 1, 2021 313,000 $ 10.34 $ 397,890 Exercised (41,000) 8.41 306,300 Outstanding at December 31, 2021 272,000 10.63 2.13 $ 1,507,300 Expected to vest assuming a 3% forfeiture rate over the vesting term 272,000 10.63 2.13 1,507,300 Exercisable at December 31, 2021 272,000 10.63 2.13 1,507,300 As of December 31, 2021, there was no unrecognized compensation cost related to nonvested stock options. Restricted Stock Awards A summary of changes in nonvested restricted stock awards for the year ended December 31, 2021, follows: Nonvested Shares Shares Weighted Average Grant Date Fair Value Nonvested at December 31, 2020 16,228 13.61 Granted 55,673 14.25 Vested (27,475) 14.63 Nonvested at December 31, 2021 44,426 13.78 Expected to vest assuming a 3% forfeiture rate over the vesting term 43,093 13.78 As of December 31, 2021, there was $109,000 of total unrecognized compensation costs related to nonvested shares granted as restricted stock awards. The cost is expected to be recognized over the remaining weighted-average vesting period of two months. The total fair value of shares vested during the years ended December 31, 2021, and 2020 were $402,000 and $437,000, respectively.

Federal Income Taxes

Federal Income Taxes	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Federal Income Taxes	Federal Income Taxes The components of income tax expense for the years indicated are as follows: Year Ended December 31, 2021 2020 (In thousands) Current $ 2,690 $ 1,937 Deferred 235 5 Total income tax expense $ 2,925 $ 1,942 A reconciliation of the tax provision based on the statutory corporate rate of 21% for the year ended December 31, 2021, and 2020, on pretax income is as follows: Year Ended December 31, 2021 2020 (In thousands) Income tax expense at statutory rate $ 3,187 $ 2,205 Income tax effect of: Tax exempt interest, net (54) (23) BOLI income, net (229) (200) Other, net 21 (40) Total income tax expense $ 2,925 $ 1,942 The deferred tax assets and liabilities, included in the accompanying consolidated balance sheets, consisted of the following at the dates indicated: December 31, 2021 2020 (In thousands) Deferred tax assets: ALLL $ 3,288 $ 3,187 Reserve for unfunded commitments 59 74 Deferred compensation 194 309 Net unrealized loss on derivative cash flow hedge — 594 Reserve for uncollected interest — 45 Employee benefit plans 385 424 OREO market value adjustments — 10 Accrued expenses 114 141 Core deposit intangible 53 42 Expenses to facilitate branch acquisition 20 22 Split dollar life insurance 87 78 Lease liability 799 794 Total deferred tax assets 4,999 5,720 Deferred tax liabilities: FHLB stock dividends 3 4 Loan origination fees and costs 1,098 1,031 Net unrealized gain on derivative cash flow hedge 312 — Net unrealized gain on investments available for sale 42 392 Fixed assets 1,818 1,785 Goodwill 54 42 Right of use asset 766 766 Other, net 56 59 Total deferred tax liabilities $ 4,149 $ 4,079 Deferred tax assets, net $ 850 $ 1,641 Deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. These calculations are based on many complex factors including estimates of the timing of reversals of temporary differences, the interpretation of federal income tax laws, and a determination of the differences between the tax and the financial reporting basis of assets and liabilities. Actual results could differ significantly from the estimates and interpretations used in determining the current and deferred income tax assets and liabilities. At December 31, 2021 and 2020, the Company had no net operating loss carryforward. As a result of the bad debt deductions taken in years prior to 1988, retained earnings includes accumulated earnings of approximately $4.5 million, on which federal income taxes have not been provided. If, in the future, this portion of retained earnings is used for any purpose other than to absorb losses on loans or on property acquired through foreclosure, federal income taxes may be imposed at the then-prevailing corporate tax rates. The Bank does not contemplate that such amounts will be used for any purpose that would create a federal income tax liability; therefore no provision has been made. Under GAAP, a valuation allowance is required to be recognized if it is “more likely than not” that a portion of the deferred tax asset will not be realized. In order to support a conclusion that a valuation allowance is not needed, management evaluates both positive and negative evidence under the “more likely than not” standard. The weight given to the potential effect of negative and positive evidence should be commensurate with the extent to which the strength of the evidence can be objectively verified. As of December 31, 2021, it was determined the full deferred tax asset would be realized in future periods and a valuation allowance would not be necessary. The CARES Act, among other things, permits net operating loss (“NOL”) carryovers and carrybacks to offset 100% of taxable income for taxable years beginning before 2021. In addition, the CARES Act allows NOLs incurred in 2018, 2019, and 2020 to be carried back to each of the five preceding taxable years to generate a refund of previously paid income taxes. The Company evaluated the impact of the CARES Act and determined that none of the changes would result in a material income tax benefit to the Company. In addition, the Company has determined that neither the enactment of the CAA, 2021, nor changes to income tax laws or regulations in other jurisdictions have a significant impact on income taxes. The Company had no unrecognized tax benefits at December 31, 2021 or 2020, and recognized no interest or tax penalties. The Company has filed U.S. federal income tax returns. Income tax returns filed are subject to examination by the U.S. federal, state, and local income tax authorities. While no income tax returns are currently being examined, the Company is no longer subject to tax examination by tax authorities for years prior to 2018.

Regulatory Capital Requirements

Regulatory Capital Requirements	12 Months Ended
	Dec. 31, 2021
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Regulatory Capital Requirements	Regulatory Capital Requirements Under Federal regulations, pre-conversion retained earnings are restricted for the protection of pre-conversion depositors. The Company is a bank holding company under the supervision of the Federal Reserve Bank of San Francisco. Bank holding companies are subject to capital adequacy requirements of the Board of Governors of the Federal Reserve System (the “Federal Reserve”) under the Bank Holding Company Act of 1956, as amended, and the regulations of the Federal Reserve Board, except that, pursuant to the Economic Growth, Regulatory Relief and Consumer Protection Act, effective August 30, 2018, a bank holding company with consolidated assets of less than $3 billion is generally not subject to the Federal Reserve’s capital regulations, which parallel the FDIC’s capital regulations. The Bank is a federally insured institution and thereby is subject to the capital requirements established by the FDIC. Failure to meet minimum capital requirements can initiate certain mandatory and, possibly, additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital regulations that involve quantitative measures of their assets, liabilities, and certain off balance sheet items as calculated under regulatory accounting practices, and until August 30, 2018, First Financial Northwest was subject to similar capital regulations. The Company was not subject to regulatory requirements for bank holding companies at December 31, 2021, and 2020, as its assets were less than the $3.0 billion threshold. The capital amounts and classifications are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Prompt corrective action provisions are not applicable to bank holding companies. Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth in the table that follows) of total and Tier 1 capital to risk-weighted assets (as defined in the regulations) and of Tier 1 capital to average assets. As of December 31, 2021, according to the most recent notification from the FDIC, the Bank was categorized as well‑capitalized under the regulatory framework for prompt corrective action. There are no conditions or events since the notification that management believes have changed the Bank’s category. First Financial Northwest Bank’s actual capital amounts and ratios at December 31, 2021, and 2020, are presented in the following table. To be Well Capitalized For Capital Adequacy Under Prompt Corrective Actual Purposes Action Provisions Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) December 31, 2021: Total risk-based capital $ 160,840 15.48 % $ 83,121 8.00 % $ 103,901 10.00 % Tier 1 risk-based capital 147,816 14.23 62,340 6.00 83,121 8.00 Common equity tier 1 capital (“CET1”) 147,816 14.23 46,755 4.50 67,536 6.50 Tier 1 leverage capital 147,816 10.34 57,191 4.00 71,489 5.00 December 31, 2020: Total risk-based capital $ 152,610 15.57 % $ 78,406 8.00 % $ 98,008 10.00 % Tier 1 risk-based capital 140,319 14.32 58,805 6.00 78,406 8.00 Common equity tier 1 capital (“CET1”) 140,319 14.32 44,103 4.50 63,705 6.50 Tier 1 leverage capital 140,319 10.29 54,551 4.00 68,189 5.00 In addition to the minimum CET1, Tier 1, total capital and leverage ratios, the Bank must maintain a capital conservation buffer consisting of additional CET1 capital greater than 2.5% of risk-weighted assets above the required minimum levels in order to avoid limitations on paying dividends, engaging in share repurchases, and paying discretionary bonuses based on percentages of eligible retained income that could be utilized for such actions. As of December 31, 2021, the Bank’s capital conservation buffer was 7.48%.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies Financial Instruments with Off-Balance-Sheet Risk. In the normal course of business, the Company makes loan commitments, typically unfunded loans and unused lines of credit, to accommodate the financial needs of its customers. These arrangements have credit risk essentially the same as that involved in extending loans to customers and are subject to the Company’s normal credit policies, including collateral requirements, where appropriate. Commitments to extend credit are agreements to lend to customers in accordance with predetermined contractual provisions. These commitments are for specific periods or, may contain termination clauses and may require the payment of a fee. The total amounts of unused commitments do not necessarily represent future credit exposure or cash requirements, in that commitments can expire without being drawn upon. Unfunded commitments to originate loans or extend credit totaled $77.4 million at December 31, 2021, and $100.6 million at December 31, 2020. Lease Commitments. First Financial Northwest Bank has entered into lease commitments for its branches located in Mill Creek, Edmonds, Renton, Bellevue, Woodinville, Smokey Point, Lake Stevens, Bothell, Kent, Kirkland, University Place, Gig Harbor, and Issaquah, all in Washington. For more information on the Company’s lease commitments, see Note 10 - Leases. Legal Proceedings . The Company and its subsidiaries are from time to time defendants in and are threatened with various legal proceedings arising from their regular business activities. Management, after consulting with legal counsel, is of the opinion that the ultimate liability, if any, resulting from these pending or threatened actions and proceedings will not have a material effect on the consolidated financial statements of the Company.

Parent Company Only Financial S

Parent Company Only Financial Statements	12 Months Ended
	Dec. 31, 2021
Condensed Financial Information Disclosure [Abstract]
Parent Company Only Financial Statements	Parent Company Only Financial Statements Presented below are the condensed balance sheets, income statements and statements of cash flows for First Financial Northwest. FIRST FINANCIAL NORTHWEST, INC. Condensed Balance Sheets December 31, 2021 2020 (In thousands) Assets Cash and cash equivalents $ 74 $ 82 Interest-bearing deposits 6,887 14,346 Investment in subsidiaries 150,822 141,376 Receivable from subsidiaries 363 689 Deferred tax assets, net 2 2 Other assets 25 28 Total assets $ 158,173 $ 156,523 Liabilities and Stockholders’ Equity Liabilities: Payable to subsidiaries $ 170 $ 64 Other liabilities 124 157 Total liabilities 294 221 Stockholders’ equity 157,879 156,302 Total liabilities and stockholders’ equity $ 158,173 $ 156,523 FIRST FINANCIAL NORTHWEST, INC. Condensed Income Statements Year Ended December 31, 2021 2020 (In thousands) Operating income: Interest income: Interest-bearing deposits with banks $ 15 $ 56 Total operating income 15 56 Operating expenses: Other expenses 1,721 1,648 Total operating expenses 1,721 1,648 Loss before benefit for federal income taxes and equity in undistributed (1,706) (1,592) Federal income tax benefit (376) (360) Loss before equity in undistributed loss of subsidiaries (1,330) (1,232) Equity in undistributed earnings of subsidiaries 13,579 9,788 Net income $ 12,249 $ 8,556 FIRST FINANCIAL NORTHWEST, INC. Condensed Statements of Cash Flows Year Ended December 31, 2021 2020 (In thousands) Cash flows from operating activities: Net income $ 12,249 $ 8,556 Adjustments to reconcile net income to net cash from operating activities: Equity in undistributed earnings of subsidiaries (13,579) (9,788) Dividends received from subsidiary 6,708 4,888 ESOP, stock options, and restricted stock compensation 25 24 Change in deferred tax liability, net — (4) Change in receivables from subsidiaries (37) 9 Change in payables to subsidiaries 106 (64) Change in other assets 3 18 Changes in other liabilities (33) (28) Net cash provided by operating activities 5,442 3,611 Cash flows from investing activities: ESOP loan repayment 1,492 1,421 Net cash provided in investing activities 1,492 1,421 Cash flows from financing activities: Proceeds from exercise of stock options 344 — Proceeds for vested awards 767 358 Net share settlement of stock awards (38) (73) Repurchase and retirement of common stock (11,384) (5,706) Dividends paid (4,090) (3,874) Net cash used by financing activities (14,401) (9,295) Net decrease in cash (7,467) (4,263) Cash and cash equivalents at beginning of year 14,428 18,691 Cash and cash equivalents at end of year $ 6,961 $ 14,428

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2021
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share The following table presents a reconciliation of the components used to compute basic and diluted EPS for the periods indicated. Year Ended December 31, 2021 2020 (Dollars in thousands, except share data) Net income $ 12,249 $ 8,556 Earnings allocated to participating securities (58) (14) Earnings allocated to common shareholders $ 12,191 $ 8,542 Basic weighted-average common shares outstanding 9,340,997 9,734,493 Dilutive effect of stock options 95,584 20,460 Dilutive effect of restricted stock grants 17,914 3,691 Diluted weighted-average common shares outstanding 9,454,495 9,758,644 Basic earnings per share $ 1.31 $ 0.88 Diluted earnings per share $ 1.29 $ 0.88

Revenue Recognition

Revenue Recognition	12 Months Ended
	Dec. 31, 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 years ended December 31, 2021 and 2020: Year Ended December 31, 2021 2020 (In thousands) Gain on sales of investment securities (1) $ 32 $ 86 BOLI income (1) 1,107 982 Wealth management revenue 494 663 Deposit servicing fees 289 277 Deposit card and ATM fees 583 478 Loan servicing fees 1,265 1,517 Loan interest swap servicing fees — 430 Other 92 9 Total noninterest income $ 3,862 $ 4,442 ____________ (1) Not in scope of Topic 606 For the year ended December 31, 2021, 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, monthly or annual 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. Loan interest swap fees: For loans participating in an interest rate swap agreement, servicing fees are earned at the onset of the agreement and are not contingent on any future performance or term length of the loan itself. The performance obligation is satisfied by entering into the contract and receipt of the fees from the counterparty. Other: Fees earned on other services, such as merchant services or occasional non-recurring type services, are recognized at the time of the event or the applicable billing cycle. Contract Balances

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2021
Subsequent Events [Abstract]
Subsequent Events	Subsequent Events On February 18, 2022, the Company began repurchasing shares of common stock under the repurchase plan approved by the Company’s Board of Directors on February 11, 2022, authorizing the repurchase of approximately 455,000 shares of the Company’s common stock. Subsequent to December 31, 2021, the Company repurchased 23,068 shar es pursuant to the prior repurchase plan that expired February 15, 2022, at an average price o f $17.00 per

Summary of Significant Accoun_2

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2021
Accounting Policies [Abstract]
Nature of Operations and Principles of Consolidation and Basis of Presentation and Use of Estimates	Nature of Operations and Principles of Consolidation First Financial Northwest, Inc. (“First Financial Northwest”), a Washington corporation, was formed on June 1, 2007 for the purpose of becoming the holding company for First Financial Northwest Bank (“the Bank”) in connection with the conversion from a mutual holding company structure to a stock holding company structure completed on October 9, 2007. First Financial Northwest’s business activities generally are limited to passive investment activities and oversight of its investment in First Financial Northwest Bank. Accordingly, the information presented in the consolidated financial statements and related data, relates primarily to First Financial Northwest Bank. First Financial Northwest converted from a savings and loan holding company to a bank holding company in 2015 and is subject to regulation by the Board of Governors of the Federal Reserve Bank of San Francisco (“FRB”). First Financial Northwest Bank is regulated by the Federal Deposit Insurance Corporation (“FDIC”) and the Washington State Department of Financial Institutions (“DFI”). First Financial Northwest Bank was organized in 1923 as a Washington state-chartered savings and loan association, converted to a federal mutual savings and loan association in 1935, and converted to a Washington state-chartered mutual savings bank in 1992. In 2002, First Financial Northwest Bank reorganized into a two-tier mutual holding company structure, became a stock savings bank and became the wholly-owned subsidiary of First Financial of Renton, Inc. In connection with the mutual to stock conversion in 2007, the Bank changed its name to First Savings Bank Northwest. In August 2015, the Bank changed its name to First Financial Northwest Bank to support the expansion of focus to being more than a traditional “savings” bank. In February 2016, the Bank changed its charter from a Washington chartered stock savings bank to a Washington chartered commercial bank. First Financial Northwest Bank is a community-based commercial bank primarily serving King and Snohomish Counties, and to a lesser extent, Pierce and Kitsap Counties, Washington. In King County, the headquarters and full-service banking office, as well as one branch office, are located in Renton. Additional King County branch offices are located in Bellevue, Woodinville, Bothell, Kent, Kirkland and Issaquah. In S nohomish County, five additional branch offices serve Mill Creek, Edmonds, Clearview, Smokey Point, and Lake Stevens. In Pierce County, two branch offices serve Gig Harbor and University Place. First Financial Northwest Bank’s business consists of attracting deposits from the public and utilizing these deposits to originate one-to-four family residential, multifamily, commercial real estate, construction/land, business and consumer loans. The accompanying consolidated financial statements include the accounts of First Financial Northwest and its wholly‑owned subsidiaries First Financial Northwest Bank and First Financial Diversified Corporation (collectively, “the Company”). All significant intercompany balances and transactions between First Financial Northwest and its subsidiaries have been eliminated in consolidation. Basis of Presentation and Use of Estimates
Subsequent Events	Subsequent Events
Cash and Cash Equivalents	Cash and Cash Equivalents For purposes of reporting cash flows, cash and cash equivalents include cash on hand and in banks, interest-bearing deposits and federal funds sold all with maturities of three months or less. The Company is required to maintain an average reserve balance with the FRB or maintain such reserve balance in the form of cash. Effective March 26, 2020 the Federal Reserve lowered the reserve ratios on transaction accounts maintained at a depository institution to zero percent. There was no required reserve balance at December 31, 2021 and 2020.
Investments	Investments Investments in debt securities are classified into one of three categories: (1) held-to-maturity, (2) available-for-sale, or (3) trading. At December 31, 2021 and 2020, we had held-to-maturity and available-for-sale, but no trading securities. Investments are categorized as held-to-maturity when we have the positive intent and ability to hold them to maturity. Held-to-maturity investments are reported at fair value, which is the amortized cost. Investments are classified as available-for-sale if the Company intends to hold the securities for an indefinite period of time, but not necessarily to maturity. Investments available-for-sale are reported at fair value. Unrealized holding gains and losses on investments available-for-sale are excluded from earnings and are reported in other comprehensive income (loss), net of applicable taxes. Gains and losses on sales are recorded on the trade date and determined using the specific identification method. Amortization or accretion of purchase premiums and discounts are included in investment income using the level-yield method over the remaining period to contractual maturity. Dividend or interest income is recognized when it is earned. The estimated fair value of investments is based on quoted market prices for investments traded in active markets or dealer quotes. Mortgage-backed investments represent participation interest in pools of first mortgage loans originated and serviced by the issuers of the investments. Management makes an assessment to determine whether there have been any events or economic circumstances to indicate that a security on which there is an unrealized loss is impaired on an other-than-temporary basis. Management considers many factors including the severity and duration of the impairment, recent events specific to the issuer or industry, and for debt securities, external credit ratings and recent downgrades. Securities on which there is an unrealized loss that is deemed to be an other-than-temporary impairment (“OTTI”) are written down to fair value. For equity securities, the write-down is recorded as a realized loss in noninterest income in the Consolidated Income Statements. For debt securities, if management intends to sell the security or it is likely that management will be required to sell the security before recovering its cost basis, the entire impairment loss would be recognized in earnings as an OTTI. If management does not intend to sell the security and it is not likely that management will be required to sell the security but management does not expect to recover the entire amortized cost basis of the security, only the portion of the impairment loss representing credit losses would be recognized in earnings. The credit loss on a security is measured as the difference between the amortized cost basis and the present value of the cash flows expected to be collected. Projected cash flows are discounted by the original or current effective interest rate depending on the nature of the security being measured for potential OTTI. The remaining impairment related to all other factors, the difference between the present value of the cash flows expected to be collected and fair value, is recognized as a charge to other comprehensive income (“OCI”). Impairment losses related to all other factors are presented as separate categories within OCI.
Loans Receivable	Loans Receivable Loans are recorded at their outstanding principal balance adjusted for charge-offs, the ALLL and net deferred fees or costs. Interest on loans is accrued on the unpaid principal balance. Loan origination fees, net of certain direct origination costs, are deferred and recognized in interest income using the level-yield method without anticipating prepayments. The accrual of interest on loans is discontinued at the time the loan is 90 days delinquent unless the loan is well secured and in the process of collection. Consumer and other loans are typically managed in the same manner. In all cases, loans are placed on nonaccrual or charged-off at an earlier date if collection of principal or interest is doubtful. The Company did not designate loans with payment deferrals granted due to the COVID-19 pandemic as delinquent in accordance with provisions of The Coronavirus Aid, Relief, and Economic Security Act of 2020 (the “CARES Act”) and the Consolidated Appropriations Act, 2021 (the “CAA, 2021”) and related regulatory guidance. All interest accrued but not collected on loans that are placed on nonaccrual is reversed against interest income. Loans are returned to accrual status when all principal and interest amounts contractually due are brought current and future payments are reasonably assured. In order to return a nonaccrual loan to accrual status, each loan is evaluated on a case-by-case basis. We evaluate the borrower’s financial condition to ensure that future loan payments are reasonably assured. We also take into consideration the borrower’s willingness and ability to make the loan payments and historical repayment performance. We require the borrower to make the loan payments consistently for a period of at least six months as agreed to under the terms of any modified loan agreement before we will consider reclassifying the loan to accrual status.
Impaired Loans	Impaired Loans A loan is considered impaired when, based on current information and events, it is probable that the Company will be unable to collect the scheduled payments of principal or interest when due according to the contractual terms of the loan agreement. Factors considered by management in determining impairment include payment status, collateral value, market conditions, rent rolls and the financial strength of the borrower(s) and guarantor(s), if any. Loans that experience insignificant payment delays and payment shortfalls generally are not classified as impaired. Management determines the significance of payment delays and shortfalls on a case-by-case basis, taking into consideration all of the circumstances surrounding the loan and the borrowers, including the length of the delay, the reasons for the delay, the borrower’s prior payment history and the amount of the shortfall in relation to the principal and interest owed. Impairment is measured by the fair value method on a loan-by-loan basis.
Troubled Debt Restructurings	Troubled Debt Restructurings    Certain loan modifications or restructurings are accounted for as troubled debt restructurings (“TDR”). In general, the modification or restructuring of a debt is considered a TDR if, for economic or legal reasons related to the borrower’s financial difficulties, a concession is granted to the borrower that the Company would not otherwise consider. Examples of these modifications or restructurings include advancement of maturity date, accepting interest only payments for a period of time, or granting an interest rate concession for a period of time. The impaired portion of the loan with an interest rate concession and/or interest-only payments for a specific period of time are calculated based on the present value of expected future cash flows discounted at the loan’s effective interest rate. The effective interest rate is the rate of return implicit on the original loan. This impaired amount reduces the ALLL and a valuation allowance is established to reduce the loan balance. As loan payments are received in future periods, the ALLL entry is reversed and the valuation allowance is reduced utilizing the level-yield method over the modification period. A loan that is determined to be classified as a TDR is generally reported as a TDR until the loan is paid in full or otherwise settled, sold, or charged-off. The Company elected to apply the temporary relief under the CARES Act and related regulatory guidance to certain eligible short-term modifications, past due loans, and modifications. Qualifying loan modifications were not classified as TDR for accounting or disclosure purposes until 180 days following a loan's initial modification under the CARES Act and related regulatory guidance at which time those loans were classified as a TDR.
Allowance for Loan and Lease Losses (ALLL)	Allowance for Loan and Lease Losses The allowance for loan and lease losses (“ALLL”) is a valuation allowance for probable incurred credit losses. Losses are charged against the allowance when management believes the uncollectability of a loan balance is confirmed. Any subsequent recoveries are credited to the allowance. The ALLL is evaluated on a regular basis by management and is based upon management’s periodic review of the collectability of the loans and factors such as the nature and volume of the loan portfolio, historical loss considerations, adverse situations that may affect the borrower’s ability to repay, estimated value of any underlying collateral, and prevailing economic conditions. The evaluation is inherently subjective, as it requires estimates that are susceptible to significant revision as more information becomes available. Additional analysis was completed on the ALLL during 2021 and 2020 based on the significance of loan modifications in accordance with the CARES Act and regulatory guidance. While management uses available information to recognize losses on loans, future additions to the allowance may be necessary based on changes in economic conditions or changes to the credit quality of the loan portfolio. In addition, various regulatory agencies, as an integral part of their examination process, periodically review the Company’s ALLL. Such agencies may require management to make adjustments to the allowance based on their judgments about information available to them at the time of their examination.
Premises and Equipment	Premises and Equipment Premises and equipment are stated at cost less accumulated depreciation and amortization. Depreciation and amortization are computed using the straight-line method over the estimated useful lives of the assets. The estimated useful lives used to compute depreciation and amortization is 15 to 40 years for buildings and building improvements, and is three
Federal Home Loan Bank Stock	Federal Home Loan Bank StockAs a member of the Federal Home Loan Bank System, the Bank is required to maintain a minimum level of investment in the Federal Home Loan Bank of Des Moines (“FHLB”) stock, based on specified percentages of total assets and the Bank’s outstanding FHLB advances. Ownership of FHLB stock is restricted to the FHLB and member institutions. The Bank’s investment in FHLB stock is carried at par value ($100 per share), which reasonably approximates its fair value.
Transfer of Financial Assets	Transfer of Financial Assets Transfers of an entire financial asset, a group of entire financial assets, or participating interest in an entire financial asset are accounted for as sales when control over the assets has been surrendered. Control over transferred assets is deemed to be surrendered when (1) the assets have been isolated from the Bank, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) the Bank does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity.
Other Real Estate Owned	Other Real Estate Owned OREO consists principally of properties acquired through foreclosure and is originally stated at estimated market value less selling costs. Losses arising from the acquisition of property, in full or partial satisfaction of loans, are charged to the ALLL. Subsequent to the transfer of foreclosed assets held for sale, the assets are recorded at the lower of cost or fair value (less estimated costs to sell), based on periodic evaluations. Subsequent write-downs in value are charged to noninterest expense. Generally, legal and professional fees associated with foreclosures are expensed as incurred. Costs incurred to improve property prior to sale are capitalized; however, in no event are recorded costs allowed to exceed estimated fair value. Subsequent gains, losses, or expenses recognized on the sale of these properties are included in noninterest expense. The
Bank-Owned Life Insurance	Bank-Owned Life Insurance The Company has purchased life insurance on certain key executives and officers. Bank-owned life insurance (“BOLI”) is recorded at the amount that can be realized under the insurance contract at the balance sheet date, which is the cash surrender value adjusted for other charges or other amounts due that are probable at settlement. Increases to the cash surrender value are recorded as noninterest income and partially offset expenses for employee benefits. Certain BOLI contracts contain endorsement split-dollar life agreements. In these circumstances, the Bank accrues a reserve liability and related compensation expense for the expected future benefit payout.
Loan Commitments and Related Financial Instruments	Loan Commitments and Related Financial Instruments Financial instruments include off-balance sheet credit instruments, such as unused lines of credit and commercial letters of credit issued to meet customer financing needs. The face amount of these items represents the exposure to loss before considering customer collateral or ability to repay. Such financial instruments are recorded when they are funded.
Reserve for Unfunded Commitments	Reserve for Unfunded Commitments Management maintains a reserve for unfunded commitments to absorb probable losses associated with our off-balance sheet commitments to lend funds such as unused lines of credit and the undisbursed portion of construction loans. Management determines the adequacy of the reserve based on reviews of individual exposures, current economic conditions, and other relevant factors. The reserve is based on estimates and ultimate losses may vary from the current estimates. The reserve is evaluated on a regular basis and necessary adjustments are reported in earnings during the period in which they become known. The reserve for unfunded commitments is included in the other liabilities section of the consolidated balance sheets.
Stock-Based Compensation	Stock-Based CompensationCompensation cost is recognized for stock options and restricted stock awards, based on the fair value of these awards at the grant date. A Black-Scholes model is utilized to estimate the fair value of stock options, while the market price of the Company’s common stock at the grant date is used for restricted stock awards. Compensation cost is recognized over the required service period, generally defined as the vesting period. For awards with graded vesting, compensation cost is recognized on a straight-line basis over the requisite service period for the entire award.
Federal Income Taxes	Federal Income Taxes The Company files a consolidated Federal income tax return and records its provision for income taxes under the asset and liability method. Deferred taxes result from temporary differences in the recognition of certain income and expense amounts between the Company’s financial statements and its tax return. The principal items giving rise to these differences include net operating losses, valuation adjustments on foreclosed properties, and allowance for credit losses. Deferred tax assets and liabilities are reflected at currently enacted income tax rates applicable to the period in which the deferred tax assets or liabilities are expected to be realized or settled. As changes in tax laws or rates are enacted, deferred tax assets and liabilities are adjusted through the provision for income taxes. Valuation allowances are established to reduce the net carrying amount of deferred tax assets if it is determined to be more likely than not that all or some portion of the potential deferred tax asset will not be realized. The Company’s policy is to recognize interest and penalties associated with income tax matters in income tax expense.
Employee Stock Ownership Plan	Employee Stock Ownership Plan The cost of shares issued to the Employee Stock Ownership Plan (“ESOP”), but not yet allocated to participants, is shown as a reduction of stockholders’ equity. Compensation expense is based on the market price of shares as they are committed to be released to participant accounts. Dividends on allocated ESOP shares reduce retained earnings; dividends on unearned ESOP shares reduce debt and accrued interest.
Earnings Per Share	Earnings Per Share Nonvested share-based payment awards that contain nonforfeitable rights to dividends or dividend equivalents are participating securities and are included in the computation of earnings per share (“EPS”) pursuant to the two-class method. The two-class method is an earnings allocation formula that determines EPS for each class of common stock and participating security according to dividends declared or accumulated and participation rights in undistributed earnings. Certain shares of the Company’s nonvested restricted stock awards qualify as participating securities. Net income is allocated between the common stock and participating securities pursuant to the two-class method, based on their rights to receive dividends, participate in earnings or absorb losses. Basic earnings per common share is computed by dividing net earnings available to common shareholders by the weighted average number of common shares outstanding during the period, excluding participating nonvested restricted shares. As ESOP shares are committed to be released, they are included in the outstanding shares used in the basic EPS calculation. Diluted earnings per share is computed in a similar manner, except that first the denominator is increased to include the number of additional shares that would have been outstanding if potentially dilutive shares, excluding the participating securities, were issued using the treasury stock method. For all periods presented, stock options and certain restricted stock awards are potentially dilutive non-participating instruments issued by the Company. Undistributed losses are not allocated to the nonvested share-based payment awards (the participating securities) under the two-class method as the holders are not contractually obligated to share in the losses of the Company.
Comprehensive Income	Comprehensive Income Comprehensive income consists of net income and unrealized gains and losses on investments available-for-sale and derivatives, which are also recognized as separate components of equity, net of tax.
Advertising Expenses	Advertising Expenses Advertising costs are generally expensed as incurred and are not material.
Fair Value of Financial Instruments	Fair Value of Financial Instruments Fair values of financial instruments are estimated using relevant market information and other assumptions, as more fully disclosed in a separate note. Fair value estimates involve uncertainties and matters of significant judgment regarding interest rates, credit risk, prepayments and other factors, especially in the absence of broad markets for particular items. Changes in assumptions or in market conditions could significantly affect the estimates.
Segment Information	Segment InformationThe Company’s activities are considered to be a single industry segment for financial reporting purposes. The Company is engaged in the business of attracting deposits from the general public and providing lending services. Substantially all income is derived from a diverse base of investments and commercial, construction, mortgage, and consumer lending activities.
Reclassification	ReclassificationCertain amounts in the consolidated financial statements for prior years have been reclassified to conform to the current consolidated financial statement presentation. The results of the reclassifications are not considered material and have no effect on previously reported net income or stockholders’ equity.
Derivatives	Derivatives The Company designates certain interest rate swap agreements as a cash flow hedge, and as such, reports the net fair value as an asset or liability. The hedge is utilized to mitigate the risk of variability in future interest payments. The fair value of
Goodwill	Goodwill    Goodwill is recorded from a business combination as the difference in purchase price and fair value of the assets acquired and liabilities assumed. Goodwill has an indefinite useful life, and as such, is not amortized. The Company performs a goodwill impairment analysis on an annual basis as of December 31. Additionally, the Company performs an impairment analysis as needed when circumstances indicate impairment potentially exists. Any impairment will be recorded as a noninterest expense and corresponding reduction in intangible asset on the consolidated financial statements.
Core Deposit Intangible	Core Deposit Intangible A core deposit intangible (“CDI”) asset is recognized from the assumption of core deposit liabilities in connection with the acquisition of four branches from Opus Bank, a California state-chartered commercial bank (the “Branch Acquisition”). The asset was valued by a third party and is amortized into noninterest expense over ten years. The CDI is evaluated for impairment annually with any additional decline recorded as a noninterest expense on the Consolidated Income Statement.
Recently Issued Accounting Pronouncements	Recent Accounting Pronouncements Adopted in 2021 In December 2019, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes . 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 (Subtopic 310-20) . 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. In August 2021, the FASB issued ASU 2021-06, Presentation of Financial Statements (Topic 205), Financial Services —Depository and Lending (Topic 942), and Financial Services—Investment Companies (Topic 946) . This ASU outlines the changes in the presentation of information on the balance sheet due to SEC Regulation S-X. This rule was put into place to better identify various items and whether they should appear on the face of the balance sheet or the accompanying notes. The Company adopted ASU 2021-06 in the fourth quarter of 2021 with no material impact on the Company’s consolidated financial statements. Recently Issued Accounting Pronouncements ASU No. 2016-13, Financial Instruments - Credit Losses (Topic 326) as amended by ASU 2018-19, ASU 2019-04 and ASU 2019-05, was originally issued in June 2016. This ASU replaces the existing incurred loss impairment methodology that recognizes credit losses when a probable loss has been incurred with new methodology where loss estimates are based upon lifetime expected credit losses. The amendments in this ASU require a financial asset that is measured at amortized cost to be presented at the net amount expected to be collected. The income statement would then reflect the measurement of credit losses for newly recognized financial assets as well as changes to the expected credit losses that have taken place during the reporting period. The measurement of expected credit losses will be based on historical information, current conditions, and reasonable and supportable forecasts that impact the collectability of the reported amount. Available-for-sale securities will bifurcate the fair value mark and establish an allowance for credit losses through the income statement for the credit portion of that mark. The interest portion will continue to be recognized through accumulated other comprehensive income or loss. The change in allowance recognized as a result of adoption will occur through a cumulative-effect adjustment to retained earnings as of the beginning of the first reporting period in which the ASU is adopted. This ASU is effective for smaller reporting companies, such as the Company, for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years, with early adoption permitted. The Company is evaluating its current expected loss methodology on the loan and investment portfolios to identify the necessary modifications in accordance with this standard and expects a change in the processes and procedures to calculate the ALLL, including changes in assumptions and estimates to consider expected credit losses over the life of the loan versus the current accounting practice that utilizes the incurred loss model. A valuation adjustment to the ALLL or investment portfolio that is identified in this process will be reflected as a one-time adjustment in equity rather than earnings. ASU 2019-05 issued in April 2019 further provides that entities that have certain financial instruments measured at amortized cost that has credit losses, to irrevocably elect the fair value option in Subtopic 825-10, upon adoption of Topic 326. The fair value option applies to available-for-sale debt securities. This ASU is effective upon adoption of ASU 2016-13, and should be applied on a modified-retrospective basis as a cumulative-effect adjustment to the opening balance of retained earnings in the statement of financial condition as of the adoption date. The Company is in the process of compiling historical and industry data that will be used to calculate expected credit losses on the loan portfolio to ensure that it is fully compliant with the ASU at the adoption date and is evaluating the potential impact adoption of this ASU will have on its consolidated financial statements. The Company intends to adopt ASU 2016-13 in the first quarter of 2023, and as a result, the ALLL may increase. Until the evaluation is complete, however, the magnitude of the increase will not be known. In January 2021, the FASB issued ASU No. 2021-01, Reference Rate Reform (Topic 848) . This ASU applies to contracts, hedging relationships and other transactions that reference LIBOR or other rate references expected to be discontinued because of reference rate reform. The amendments in this ASU are elective and apply to all entities that have derivative instruments that use an interest rate that will be modified by reference rate reform. This ASU provides implementation guidance to clarify that certain optional expedients and exceptions in Topic 848 may be applied to derivative instruments. This ASU may be elected on a full retrospective basis for any interim period subsequent to March 12, 2020, or on a prospective basis to new modifications from any date subsequent to the date of issuance. As of December 31, 2021, the Company’s derivative instruments continued to use LIBOR as the basis for interest-rate swap calculations. The Company is evaluating the optional election of this ASU for the transition from LIBOR to a new reference rate.

Investments (Tables)

Investments (Tables)	12 Months Ended
	Dec. 31, 2021
Investments [Abstract]
Debt Securities, Available-for-sale	The following tables summarize the amortized cost and fair value of investments available-for-sale at December 31, 2021 and 2020, and the corresponding amounts of gross unrealized gains and losses. December 31, 2021 Amortized Gross Gross Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 12,920 $ 146 $ (88) $ 12,978 Freddie Mac 13,039 115 (330) 12,824 Ginnie Mae 23,728 105 (146) 23,687 Other 11,278 47 (61) 11,264 Municipal bonds 36,078 677 (289) 36,466 U.S. Government agencies 41,711 61 (338) 41,434 Corporate bonds 29,997 505 (207) 30,295 $ 168,751 $ 1,656 $ (1,459) $ 168,948 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 $ 125,685 $ 2,680 $ (814) $ 127,551
Schedule of Available for sale Securities, Debt Maturities	The amortized cost and estimated fair value of investments available-for-sale at December 31, 2021, by expected maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Investments not due at a single maturity date, primarily mortgage‑backed investments, are shown separately. December 31, 2021 Amortized Cost Fair Value (In thousands) Due within one year $ 399 $ 404 Due after one year through five years 8,547 8,592 Due after five years through ten years 27,501 27,784 Due after ten years 71,339 71,415 107,786 108,195 Mortgage-backed investments 60,965 60,753 $ 168,751 $ 168,948
Gain (Loss) on Investments	Sales and other redemptions of available-for-sale investments were as follows: Year Ended December 31, 2021 2020 (In thousands) Proceeds $ 20,042 $ 12,082 Gross gains 104 189 Gross losses (72) (103)
Schedule of Available for sale Securities in Continuous Unrealized Loss positions	The following tables summarize the aggregate fair value and gross unrealized loss by length of time those investments have been continuously in an unrealized loss position at December 31, 2021 and 2020. December 31, 2021 Less Than 12 Months 12 Months or Longer Total Fair Value Unrealized Fair Value Unrealized Fair Value Unrealized (In thousands) Mortgage-backed investments: Fannie Mae $ 6,279 $ (88) $ — $ — $ 6,279 $ (88) Freddie Mac 4,709 (233) 3,214 (97) 7,923 (330) Ginnie Mae 18,539 (146) — — 18,539 (146) Other 4,815 (61) — — 4,815 (61) Municipal bonds 18,805 (264) 1,059 (25) 19,864 (289) U.S. Government agencies 10,123 (34) 21,682 (304) 31,805 (338) Corporate bonds 985 (15) 3,809 (192) 4,794 (207) $ 64,255 $ (841) $ 29,764 $ (618) $ 94,019 $ (1,459) December 31, 2020 Less Than 12 Months 12 Months or Longer Total Fair Value Unrealized Fair Value Unrealized Fair Value 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) $ 1,716 $ (11) $ 44,038 $ (803) $ 45,754 $ (814)

Loans Receivable (Tables)

Loans Receivable (Tables)	12 Months Ended
	Dec. 31, 2021
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	Loans receivable net of loans in process (“LIP”) at December 31, 2021, and 2020 are summarized as follows: December 31, 2021 2020 (In thousands) One-to-four family residential: Permanent owner occupied $ 185,320 $ 206,323 Permanent non-owner occupied 199,796 175,637 385,116 381,960 Multifamily 130,146 136,694 Commercial real estate 419,417 385,265 Construction/land: (1) One-to-four family residential 34,677 33,396 Multifamily 37,194 51,215 Commercial 6,189 5,783 Land 15,395 1,813 93,455 92,207 Business 46,590 80,663 Consumer 44,812 40,621 Total loans 1,119,536 1,117,410 Less: Deferred loan fees, net (2) 418 1,654 ALLL 15,657 15,174 Loans receivable, net $ 1,103,461 $ 1,100,582 ____________ (1) Included in the construction/land category are “rollover” loans, which are loans that will convert upon completion of the construction period to permanent loans. At that time, the loans will be classified according to the underlying collateral. In addition, raw land or buildable lots, where the Company does not intend to finance the construction are included in the construction/land category. At December 31, 2021, the Company classified $37.2 million of multifamily loans, $12.9 million of commercial land loans and $6.2 million of commercial real estate loans as construction/land loans to facilitate the review of the composition of its loan portfolio . At December 31, 2020, $51.2 million of multifamily loans, $1.8 million of commercial land loans, and $5.8 million of commercial real estate loans were reclassified to the construction/land category. (2) Deferred loan fees, net, include $3.3 million of unamortized loan purchase premiums. Accrued interest receivable consisted of the following at December 31, 2021 and 2020: December 31, 2021 2020 (In thousands) Loans receivable $ 4,634 $ 5,031 Investments 651 477 $ 5,285 $ 5,508
Financing Receivables, Summary of Loans By Maturity and Interest Rate Type	The Company originates both adjustable and fixed interest rate loans. The composition of loans receivable at December 31, 2021, and 2020, was as follows: December 31, 2021 Fixed Rate Adjustable Rate Term to Maturity Principal Balance Term to Rate Adjustment Principal Balance (In thousands) Due within one year $ 39,712 Due within one year $ 284,631 After one year through three years 50,504 After one year through three years 74,706 After three years through five years 92,824 After three years through five years 177,607 After five years through ten years 118,310 After five years through ten years 103,909 Thereafter 177,333 Thereafter — $ 478,683 $ 640,853 December 31, 2020 Fixed Rate Adjustable Rate Term to Maturity Principal Balance Term to Rate Adjustment Principal Balance (In thousands) Due within one year $ 30,627 Due within one year $ 294,220 After one year through three years 92,301 After one year through three years 82,153 After three years through five years 106,298 After three years through five years 98,296 After five years through ten years 107,788 After five years through ten years 100,495 Thereafter 205,232 Thereafter — $ 542,246 $ 575,164
Financing Receivable Credit Quality Indicators	The following tables represent a summary of loans at December 31, 2021, and 2020 by type and risk category: December 31, 2021 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Risk Rating: Pass, grade 1-4 $ 383,276 $ 126,149 $ 351,241 $ 91,202 $ 46,590 $ 44,379 $ 1,042,837 Pass, grade 5 911 3,997 23,019 2,253 — 33 30,213 Special mention 929 — 11,127 — — 221 12,277 Substandard — — 34,030 — — 179 34,209 Total $ 385,116 $ 130,146 $ 419,417 $ 93,455 $ 46,590 $ 44,812 $ 1,119,536 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 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 $ 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 type of loan and reserve method for the periods indicated. The analysis of pooled loans excluded PPP loans as the Bank expects the majority of PPP borrowers will seek full or partial forgiveness of their loan obligations in accordance with the CARES Act. At or For the Year Ended December 31, 2021 One-to-Four Multifamily Commercial Construction/ Business Consumer Total ALLL: (In thousands) Beginning balance $ 3,181 $ 1,366 $ 6,127 $ 2,189 $ 1,242 $ 1,069 $ 15,174 Charge-offs — — — — — — — Recoveries 183 — — — — — 183 (Recapture) (150) (87) 488 (125) (130) 304 300 Ending balance $ 3,214 $ 1,279 $ 6,615 $ 2,064 $ 1,112 $ 1,373 $ 15,657 General reserve $ 3,194 $ 1,279 $ 6,615 $ 2,064 $ 1,112 $ 1,373 $ 15,637 Specific reserve 20 — — — — — 20 Loans: Total Loans $ 385,116 $ 130,146 $ 419,417 $ 93,455 $ 46,590 $ 44,812 $ 1,119,536 Loans collectively evaluated for impairment (1) (3) $ 383,009 130,146 385,387 93,455 46,590 44,812 1,083,399 Loans individually evaluated for impairment (2) 2,107 — 34,030 — — — 36,137 ____________ (1) Loans collectively evaluated for general reserves. (2) Loans individually evaluated for specific reserves. (3) PPP loans totaling $10.8 million were excluded from the collectively evaluated pool when calculating the ALLL as payment on these loans is guaranteed by the SBA. At or For the Year Ended December 31, 2020 One-to-Four Family Residential Multifamily Commercial Construction/ Business Consumer Total ALLL: (In thousands) Beginning balance $ 3,034 $ 1,607 $ 4,559 $ 2,222 $ 1,140 $ 656 $ 13,218 Charge-offs — — — — — (2) (2) Recoveries 28 — 30 — — — 58 (Recapture) 119 (241) 1,538 (33) 102 415 1,900 Ending balance $ 3,181 $ 1,366 $ 6,127 $ 2,189 $ 1,242 $ 1,069 $ 15,174 General reserve $ 3,173 $ 1,366 $ 6,127 $ 2,189 $ 1,242 $ 1,069 $ 15,166 Specific reserve 8 — — — — — 8 Loans: Total Loans $ 381,960 $ 136,694 $ 385,265 $ 92,207 $ 80,663 $ 40,621 $ 1,117,410 Loans collectively evaluated for impairment (1) (3) $ 379,333 134,590 368,596 92,207 80,663 40,621 1,096,010 Loans individually evaluated for impairment (2) 2,627 2,104 16,669 — — — 21,400 _____________ (1) Loans collectively evaluated for general reserves. (2) Loans individually evaluated for specific reserves. (3) PPP loans totaling $41.3 million were excluded from the collectively evaluated pool when calculating the ALLL as payment on these loans is guaranteed by the SBA.
Financing Receivables, Aging of loans	The following tables represent a summary at December 31, 2021, and 2020, of the aging of loans by type: Loans Past Due as of December 31, 2021 30-59 Days 60-89 Days 90 Days and Greater Total Current Total Loans (1) (In thousands) Real estate: One-to-four family residential: Owner occupied $ — $ — $ — $ — $ 185,320 $ 185,320 Non-owner occupied — — — — 199,796 199,796 Multifamily — — — — 130,146 130,146 Commercial real estate — — — — 419,417 419,417 Construction/land — — — — 93,455 93,455 Total real estate — — — — 1,028,134 1,028,134 Business 76 — — 76 46,514 46,590 Consumer 179 — — 179 44,633 44,812 Total $ 255 $ — $ — $ 255 $ 1,119,281 $ 1,119,536 _________________________ (1) There were no loans 90 days past due and still accruing interest at December 31, 2021. Loans Past Due as of December 31, 2020 30-59 Days 60-89 Days 90 Days and Greater Total Current Total Loans (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 $ 549 $ — $ 2,104 $ 2,653 $ 1,114,757 $ 1,117,410 ________________________ (1) There were no loans 90 days past due and still accruing interest at December 31, 2020.
Schedule of non-accrual loans	The following table is a summary of nonaccrual loans at December 31, 2021, and 2020, by type of loan: December 31, 2021 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 at December 31, 2021, and 2020, by type and payment activity: December 31, 2021 One-to-Four Multifamily Commercial Construction / Business Consumer Total (In thousands) Performing (1) $ 385,116 $ 130,146 $ 419,417 $ 93,455 $ 46,590 $ 44,812 $ 1,119,536 Nonperforming — — — — — — — Total $ 385,116 $ 130,146 $ 419,417 $ 93,455 $ 46,590 $ 44,812 $ 1,119,536 ____________ (1) There were $185.3 million of owner-occupied one-to-four family residential loans and $199.8 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) — 2,104 — — — — 2,104 Total $ 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, Average Recorded Investment and Interest Income	The following tables present a summary of loans individually evaluated for impairment at December 31, 2021, and 2020, by the type of loan: At December 31, 2021 Recorded Investment (1) Unpaid Principal Balance (2) Related Allowance (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 178 $ 185 $ — Non-owner occupied 915 915 — Commercial real estate 34,030 34,030 — Total 35,123 35,130 — Loans with an allowance: One-to-four family residential: Owner occupied 494 541 19 Non-owner occupied 520 520 1 Total 1,014 1,061 20 Total impaired loans: One-to-four family residential: Owner occupied 672 726 19 Non-owner occupied 1,435 1,435 1 Commercial real estate 34,030 34,030 — Total $ 36,137 $ 36,191 $ 20 _________________ (1) Represents the loan balance less charge-offs. (2) Contractual loan principal balance. At 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 a summary of the average recorded investment in impaired loans, and interest income recognized on impaired loans for the years ended December 31, 2021 and 2020, by the type of loan: Year Ended December 31, 2021 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 $ 217 $ 12 $ 380 $ 18 Non-owner occupied 947 62 1,207 69 Multifamily 828 — 2,104 186 Commercial real estate 23,994 1,329 10,568 684 Construction/land — — 5,635 — Total 25,986 1,403 19,894 957 Loans with an allowance: One-to-four family residential: Owner occupied 498 31 503 9 Non-owner occupied 756 37 1,206 52 Total 1,254 68 1,709 61 Total impaired loans: One-to-four family residential: Owner occupied 715 43 883 27 Non-owner occupied 1,703 99 2,413 121 Multifamily 828 — 2,104 186 Commercial real estate 23,994 1,329 10,568 684 Construction/land — — 5,635 — Total $ 27,240 $ 1,471 $ 21,603 $ 1,018
Schedule of Non-performing assets and troubled debt restructured loans	The following is a summary of information pertaining to TDRs: December 31, 2021 2020 (In thousands) Performing TDRs $ 2,107 $ 3,869 Nonaccrual TDRs — — Total TDRs $ 2,107 $ 3,869
Troubled Debt Restructurings on Financing Receivables	The following table presents for the periods indicated TDRs and their recorded investment prior to the modification and after the modification: Year Ended December 31, 2021 2020 Number Pre-Modification Outstanding Post-Modification Outstanding Number Pre-Modification Outstanding Post-Modification Outstanding (Dollars in thousands) TDRs that occurred during the period: One-to-four family residential: Principal and interest with interest rate — $ — $ — — $ — $ — Advancement of maturity date 3 1,353 1,353 — — — Commercial real estate: Advancement of maturity date 1 1,241 1,241 1 1,249 1,249 Total 4 $ 2,594 $ 2,594 1 $ 1,249 $ 1,249

Other Real Estate Owned (Tables

Other Real Estate Owned (Tables)	12 Months Ended
	Dec. 31, 2021
Other Real Estate [Abstract]
Other Real Estate, Roll Forward	The following table is a summary of OREO activity for the periods indicated: Year Ended December 31, 2021 2020 (In thousands) Balance at beginning of year $ 454 $ 454 Net proceeds from sale of OREO (247) — Loss on sale of OREO (207) — Balance at end of year $ — $ 454

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2021
Property, Plant and Equipment [Abstract]
Premises and Equipment	Premises and equipment consisted of the following at December 31, 2021, and 2020: December 31, 2021 2020 (In thousands) Land $ 2,226 $ 2,226 Buildings and improvements 21,617 20,213 Leasehold improvements 5,946 5,273 Furniture and fixtures 3,751 3,737 Equipment 2,323 2,110 Computer hardware and software 3,771 3,703 39,634 37,262 Less accumulated depreciation and amortization (17,194) (15,168) Construction in process — 485 Total premises and equipment, net $ 22,440 $ 22,579

Fair Value of Financial Instr_2

Fair Value of Financial Instruments (Tables)	12 Months Ended
	Dec. 31, 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 during the periods presented): December 31, 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) Available-for-sale investments: Mortgage-backed investments: Fannie Mae $ 12,978 $ — $ 12,978 $ — Freddie Mac 12,824 744 12,080 — Ginnie Mae 23,687 — 23,687 — Other 11,264 3,023 8,241 — Municipal bonds 36,466 — 36,466 — U.S. Government agencies 41,434 — 41,434 — Corporate bonds 30,295 — 30,295 — Total available-for-sale investments $ 168,948 $ 3,767 $ 165,181 $ — Derivative fair value asset $ 1,491 $ — $ 1,491 $ — Total $ 170,439 $ 3,767 $ 166,672 $ — 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) Available-for-sale investments: 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 and liabilities measured at fair value on a nonrecurring basis at December 31, 2021, and 2020. December 31, 2021 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans receivable, net) (1) $ 36,118 $ — $ — $ 36,118 OREO — — — — Total $ 36,118 $ — $ — $ 36,118 _______________ (1) Total value of impaired loans is net of $20,000 of specific reserves on performing TDRs. December 31, 2020 Fair Value Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Significant (In thousands) Impaired loans (included in loans receivable, net) (1) $ 21,392 $ — $ — $ 21,392 OREO 454 — — 454 Total $ 21,846 $ — $ — $ 21,846 ________________
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 assets measured at fair value on a nonrecurring basis at December 31, 2021 and 2020. December 31, 2021 Fair Value Valuation Technique(s) Unobservable Input(s) Range (Weighted Average Change in Fair Value) (Dollars in thousands) Impaired Loans (1) $ 36,118 Market approach Appraised value of collateral discounted by expected selling costs 0.0% (0.00%) _______________ (1) Total value of impaired loans is net of $20,000 of specific reserves on performing TDRs. December 31, 2020 Fair Value Valuation Technique(s) Unobservable Input(s) Range (Weighted Average Change in Fair Value) (Dollars in thousands) Impaired Loans (1) $ 21,392 Market approach Appraised value of collateral discounted by expected selling costs 0.0% (0.00%) OREO $ 454 Market approach Estimated selling price less selling costs 0.0% (0.00%) ________________ (1) Total value of impaired loans is net of $8,000 of specific reserves on performing TDRs.
Fair Value, by Balance Sheet Grouping	The carrying amounts and estimated fair values of financial instruments at December 31, 2021, and 2020, were as follows: December 31, 2021 Fair Value Measurements Using: Carrying Value Estimated Fair Value Level 1 Level 2 Level 3 (In thousands) Financial Assets: Cash on hand and in banks $ 7,246 $ 7,246 $ 7,246 $ — $ — Interest-earning deposits 66,145 66,145 66,145 — — Investments available-for-sale 168,948 168,948 3,767 165,181 — Investments held-to-maturity 2,432 2,432 — 2,432 — Loans receivable, net 1,103,461 1,109,887 — — 1,109,887 FHLB stock 5,465 5,465 — 5,465 — Accrued interest receivable 5,285 5,285 — 5,285 — Derivative fair value asset 1,491 1,491 — 1,491 — Financial Liabilities: Deposits 863,347 863,347 863,347 — — Certificates of deposit, retail 294,127 295,929 — 295,929 — Advances from the FHLB 95,000 95,003 — 95,003 — Accrued interest payable 112 112 — 112 — December 31, 2020 Fair Value Measurements Using: Carrying Value Estimated Fair Value Level 1 Level 2 Level 3 (In thousands) Financial Assets: Cash on hand and in banks $ 7,995 $ 7,995 $ 7,995 $ — $ — Interest-earning deposits 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 —

Accrued Interest Receivable (Ta

Accrued Interest Receivable (Tables)	12 Months Ended
	Dec. 31, 2021
Accrued Interest Receivable [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	Loans receivable net of loans in process (“LIP”) at December 31, 2021, and 2020 are summarized as follows: December 31, 2021 2020 (In thousands) One-to-four family residential: Permanent owner occupied $ 185,320 $ 206,323 Permanent non-owner occupied 199,796 175,637 385,116 381,960 Multifamily 130,146 136,694 Commercial real estate 419,417 385,265 Construction/land: (1) One-to-four family residential 34,677 33,396 Multifamily 37,194 51,215 Commercial 6,189 5,783 Land 15,395 1,813 93,455 92,207 Business 46,590 80,663 Consumer 44,812 40,621 Total loans 1,119,536 1,117,410 Less: Deferred loan fees, net (2) 418 1,654 ALLL 15,657 15,174 Loans receivable, net $ 1,103,461 $ 1,100,582 ____________ (1) Included in the construction/land category are “rollover” loans, which are loans that will convert upon completion of the construction period to permanent loans. At that time, the loans will be classified according to the underlying collateral. In addition, raw land or buildable lots, where the Company does not intend to finance the construction are included in the construction/land category. At December 31, 2021, the Company classified $37.2 million of multifamily loans, $12.9 million of commercial land loans and $6.2 million of commercial real estate loans as construction/land loans to facilitate the review of the composition of its loan portfolio . At December 31, 2020, $51.2 million of multifamily loans, $1.8 million of commercial land loans, and $5.8 million of commercial real estate loans were reclassified to the construction/land category. (2) Deferred loan fees, net, include $3.3 million of unamortized loan purchase premiums. Accrued interest receivable consisted of the following at December 31, 2021 and 2020: December 31, 2021 2020 (In thousands) Loans receivable $ 4,634 $ 5,031 Investments 651 477 $ 5,285 $ 5,508

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2021
Deposits [Abstract]
Schedule of Deposit Liabilities	Deposit accounts consisted of the following at December 31, 2021 and 2020: December 31, 2021 2020 (In thousands) Noninterest-bearing $ 117,751 $ 91,285 Interest-bearing demand 97,907 108,182 Savings 23,146 19,221 Money market 624,543 465,369 Certificates of deposit, retail (1) 294,127 409,576 $ 1,157,474 $ 1,093,633 _______________
Maturities of Certificates of Deposit	At December 31, 2021, scheduled maturities of certificates of deposit were as follows: December 31, Amount (In thousands) 2022 $ 145,337 2023 95,987 2024 42,511 2025 7,527 2026 2,765 $ 294,127
Schedule of Interest Expense on Deposits	Interest expense on deposits for the periods indicated was as follows: Year Ended December 31, 2021 2020 (In thousands) Interest-bearing demand $ 90 $ 292 Savings 6 15 Money market 1,601 3,497 Certificates of deposit, retail 5,519 9,474 Certificates of deposit, brokered — 727 $ 7,216 $ 14,005

Other Borrowings (Tables)

Other Borrowings (Tables)	12 Months Ended
	Dec. 31, 2021
Other Borrowings [Abstract]
Schedule of Federal Home Loan Bank Advances	Summary information related to FHLB advances and other borrowings during the years ended December 31, 2021, and 2020 consisted of the following: Year ended December 31, 2021 2020 (Dollars in thousands) Maximum borrowing outstanding at any month end $ 120,000 $ 160,000 Average borrowing outstanding during year 115,466 125,392 Balance outstanding at end of year 95,000 120,000 Average rate paid during the year 1.39 % 1.31 % Weighted-average rate paid at end of year 1.26 1.40 At December 31, 2021, all $95.0 million of FHLB advances were due to mature in 2022.

Leases (Tables)

Leases (Tables)	12 Months Ended
	Dec. 31, 2021
Leases [Abstract]
Lease, Cost	The following table includes details on these items at and for the years ended December 31, 2021, and 2020. December 31, 2021 December 31, 2020 (in thousands) Lease expense, year-to-date $ 1,061 $ 936 ROU 3,646 3,647 Lease liability 3,805 3,783 Weighted average remaining term (in years) 6.26 7.23 Weighted average discount rate 1.91% 2.10%
Lessee, Operating Lease, Liability, Maturity	The following table provides a reconciliation between the undiscounted minimum lease payments at December 31, 2021 and the discounted lease liability at that date: December 31, 2021 (in thousands) Due through one year $ 839 Due after one year through two years 723 Due after two years through three years 622 Due after three years through four years 526 Due after four years through five years 332 Due after five years 1,003 Total minimum lease payments 4,045 Less: present value discount 240 Lease liability $ 3,805

Derivatives (Tables)

Derivatives (Tables)	12 Months Ended
	Dec. 31, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The following table presents the fair value of derivative instruments as of December 31, 2021 and 2020: Balance Sheet Location Fair Value at December 31, 2021 Fair Value at December 31, 2020 (In thousands) Interest rate swaps on FHLB debt designated as cash flow hedges Other assets (other liabilities) $ 1,491 $ (2,825)
Derivative Instruments, Gain (Loss)	The following table presents the net unrealized gains (losses) on derivative instruments, net of tax, included on the Consolidated Statements of Comprehensive Income for the years ended December 31, 2021 and 2020: Location 2021 Amount of Gain Recognized In OCI, net of tax 2020 Amount of Loss Recognized In OCI, net of tax (In thousands) Interest rate swaps on FHLB debt designated as cash flow hedge Other Comprehensive Income $ 3,410 $ (2,568)

Benefit Plans (Tables)

Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2021
Multiemployer Plans [Line Items]
Schedule of Employee Stock Ownership Plan (ESOP) Disclosures	A summary of key transactions for the ESOP for the years ended December 31, follows: 2021 2020 (In thousands) ESOP contribution expense $ 1,696 $ 1,200 Dividends on unallocated ESOP shares used to reduce ESOP contribution 87 124 Shares held by the ESOP at December 31, 2021 and 2020, are as follows: December 31, 2021 2020 (Dollars in thousands, except share data) Allocated shares 1,608,160 1,495,307 Unallocated shares 84,640 197,493 Total ESOP shares 1,692,800 1,692,800 Fair value of unallocated shares $ 1,369 $ 2,251
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award	A summary of the Company’s stock option plan awards activity for the year ended December 31, 2021 follows: Shares Weighted- Weighted- Aggregate Outstanding at January 1, 2021 313,000 $ 10.34 $ 397,890 Exercised (41,000) 8.41 306,300 Outstanding at December 31, 2021 272,000 10.63 2.13 $ 1,507,300 Expected to vest assuming a 3% forfeiture rate over the vesting term 272,000 10.63 2.13 1,507,300 Exercisable at December 31, 2021 272,000 10.63 2.13 1,507,300
Schedule of Nonvested Restricted Stock Units Activity	A summary of changes in nonvested restricted stock awards for the year ended December 31, 2021, follows: Nonvested Shares Shares Weighted Average Grant Date Fair Value Nonvested at December 31, 2020 16,228 13.61 Granted 55,673 14.25 Vested (27,475) 14.63 Nonvested at December 31, 2021 44,426 13.78 Expected to vest assuming a 3% forfeiture rate over the vesting term 43,093 13.78
Multiemployer Plans, Pension
Multiemployer Plans [Line Items]
Schedule of Funded Status	The table below presents the funded status (market value of plan assets divided by funding target) of the plan as of July 1: 2021 2020 Source Valuation Report Valuation Report First Financial Northwest’s Plan (1) 111.2 % 101.7 % _________________ (1) Market value of plan assets reflects any contributions received through June 30, 2021, or 2020, respectively.
Schedule of Net Benefit Costs	Total contributions by the Company during the years ended December 31, 2021 and 2020 were: 2021 2020 Date Paid Amount Date Paid Amount (In thousands) 11/18/2021 $ 207 12/8/2020 $ 171 Total $ 207 Total $ 171

Federal Income Taxes (Tables)

Federal Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2021
Income Tax Disclosure [Abstract]
Schedule of Components of Income Tax Expense (Benefit)	The components of income tax expense for the years indicated are as follows: Year Ended December 31, 2021 2020 (In thousands) Current $ 2,690 $ 1,937 Deferred 235 5 Total income tax expense $ 2,925 $ 1,942
Schedule of Effective Income Tax Rate Reconciliation	A reconciliation of the tax provision based on the statutory corporate rate of 21% for the year ended December 31, 2021, and 2020, on pretax income is as follows: Year Ended December 31, 2021 2020 (In thousands) Income tax expense at statutory rate $ 3,187 $ 2,205 Income tax effect of: Tax exempt interest, net (54) (23) BOLI income, net (229) (200) Other, net 21 (40) Total income tax expense $ 2,925 $ 1,942
Schedule of Deferred Tax Assets and Liabilities	The deferred tax assets and liabilities, included in the accompanying consolidated balance sheets, consisted of the following at the dates indicated: December 31, 2021 2020 (In thousands) Deferred tax assets: ALLL $ 3,288 $ 3,187 Reserve for unfunded commitments 59 74 Deferred compensation 194 309 Net unrealized loss on derivative cash flow hedge — 594 Reserve for uncollected interest — 45 Employee benefit plans 385 424 OREO market value adjustments — 10 Accrued expenses 114 141 Core deposit intangible 53 42 Expenses to facilitate branch acquisition 20 22 Split dollar life insurance 87 78 Lease liability 799 794 Total deferred tax assets 4,999 5,720 Deferred tax liabilities: FHLB stock dividends 3 4 Loan origination fees and costs 1,098 1,031 Net unrealized gain on derivative cash flow hedge 312 — Net unrealized gain on investments available for sale 42 392 Fixed assets 1,818 1,785 Goodwill 54 42 Right of use asset 766 766 Other, net 56 59 Total deferred tax liabilities $ 4,149 $ 4,079 Deferred tax assets, net $ 850 $ 1,641

Regulatory Capital Requiremen_2

Regulatory Capital Requirements (Tables)	12 Months Ended
	Dec. 31, 2021
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Schedule of Capital Amounts and Ratios	First Financial Northwest Bank’s actual capital amounts and ratios at December 31, 2021, and 2020, are presented in the following table. To be Well Capitalized For Capital Adequacy Under Prompt Corrective Actual Purposes Action Provisions Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) December 31, 2021: Total risk-based capital $ 160,840 15.48 % $ 83,121 8.00 % $ 103,901 10.00 % Tier 1 risk-based capital 147,816 14.23 62,340 6.00 83,121 8.00 Common equity tier 1 capital (“CET1”) 147,816 14.23 46,755 4.50 67,536 6.50 Tier 1 leverage capital 147,816 10.34 57,191 4.00 71,489 5.00 December 31, 2020: Total risk-based capital $ 152,610 15.57 % $ 78,406 8.00 % $ 98,008 10.00 % Tier 1 risk-based capital 140,319 14.32 58,805 6.00 78,406 8.00 Common equity tier 1 capital (“CET1”) 140,319 14.32 44,103 4.50 63,705 6.50 Tier 1 leverage capital 140,319 10.29 54,551 4.00 68,189 5.00

Parent Company Only Financial_2

Parent Company Only Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2021
Condensed Financial Information Disclosure [Abstract]
Schedule of Condensed Balance Sheet	FIRST FINANCIAL NORTHWEST, INC. Condensed Balance Sheets December 31, 2021 2020 (In thousands) Assets Cash and cash equivalents $ 74 $ 82 Interest-bearing deposits 6,887 14,346 Investment in subsidiaries 150,822 141,376 Receivable from subsidiaries 363 689 Deferred tax assets, net 2 2 Other assets 25 28 Total assets $ 158,173 $ 156,523 Liabilities and Stockholders’ Equity Liabilities: Payable to subsidiaries $ 170 $ 64 Other liabilities 124 157 Total liabilities 294 221 Stockholders’ equity 157,879 156,302 Total liabilities and stockholders’ equity $ 158,173 $ 156,523
Schedule of Condensed Income Statement	FIRST FINANCIAL NORTHWEST, INC. Condensed Income Statements Year Ended December 31, 2021 2020 (In thousands) Operating income: Interest income: Interest-bearing deposits with banks $ 15 $ 56 Total operating income 15 56 Operating expenses: Other expenses 1,721 1,648 Total operating expenses 1,721 1,648 Loss before benefit for federal income taxes and equity in undistributed (1,706) (1,592) Federal income tax benefit (376) (360) Loss before equity in undistributed loss of subsidiaries (1,330) (1,232) Equity in undistributed earnings of subsidiaries 13,579 9,788 Net income $ 12,249 $ 8,556
Schedule of Condensed Cash Flow Statement	FIRST FINANCIAL NORTHWEST, INC. Condensed Statements of Cash Flows Year Ended December 31, 2021 2020 (In thousands) Cash flows from operating activities: Net income $ 12,249 $ 8,556 Adjustments to reconcile net income to net cash from operating activities: Equity in undistributed earnings of subsidiaries (13,579) (9,788) Dividends received from subsidiary 6,708 4,888 ESOP, stock options, and restricted stock compensation 25 24 Change in deferred tax liability, net — (4) Change in receivables from subsidiaries (37) 9 Change in payables to subsidiaries 106 (64) Change in other assets 3 18 Changes in other liabilities (33) (28) Net cash provided by operating activities 5,442 3,611 Cash flows from investing activities: ESOP loan repayment 1,492 1,421 Net cash provided in investing activities 1,492 1,421 Cash flows from financing activities: Proceeds from exercise of stock options 344 — Proceeds for vested awards 767 358 Net share settlement of stock awards (38) (73) Repurchase and retirement of common stock (11,384) (5,706) Dividends paid (4,090) (3,874) Net cash used by financing activities (14,401) (9,295) Net decrease in cash (7,467) (4,263) Cash and cash equivalents at beginning of year 14,428 18,691 Cash and cash equivalents at end of year $ 6,961 $ 14,428

Earnings Per Share_ Schedule of

Earnings Per Share: Schedule of Earnings Per Share Reconciliation (Tables)	12 Months Ended
	Dec. 31, 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 EPS for the periods indicated. Year Ended December 31, 2021 2020 (Dollars in thousands, except share data) Net income $ 12,249 $ 8,556 Earnings allocated to participating securities (58) (14) Earnings allocated to common shareholders $ 12,191 $ 8,542 Basic weighted-average common shares outstanding 9,340,997 9,734,493 Dilutive effect of stock options 95,584 20,460 Dilutive effect of restricted stock grants 17,914 3,691 Diluted weighted-average common shares outstanding 9,454,495 9,758,644 Basic earnings per share $ 1.31 $ 0.88 Diluted earnings per share $ 1.29 $ 0.88

Revenue Recognition (Tables)

Revenue Recognition (Tables)	12 Months Ended
	Dec. 31, 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 years ended December 31, 2021 and 2020: Year Ended December 31, 2021 2020 (In thousands) Gain on sales of investment securities (1) $ 32 $ 86 BOLI income (1) 1,107 982 Wealth management revenue 494 663 Deposit servicing fees 289 277 Deposit card and ATM fees 583 478 Loan servicing fees 1,265 1,517 Loan interest swap servicing fees — 430 Other 92 9 Total noninterest income $ 3,862 $ 4,442 ____________ (1) Not in scope of Topic 606

Summary of Significant Accoun_3

Summary of Significant Accounting Policies - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Loans and Leases Receivable Disclosure [Line Items]
Financing Receivable, after Allowance for Credit Loss	$ 1,119,536,000	$ 1,117,410,000
Federal reserve bank minimum reserve required	$ 0
Number of days delinquent at which accrual of interest on loan is discontinued	90 days
Federal home loan bank stock, par value (usd per share)	$ 100
Subsidiaries [Member]
Loans and Leases Receivable Disclosure [Line Items]
Financing Receivable, after Allowance for Credit Loss	$ 1,000,000

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Premisis and Equipment (Details)	12 Months Ended
	Dec. 31, 2021
Building and building improvements | Minimum
Property, Plant and Equipment
Property, plant and equipment, useful life	15 years
Building and building improvements | Maximum
Property, Plant and Equipment
Property, plant and equipment, useful life	40 years
Furniture, fixtures and equipment | Minimum
Property, Plant and Equipment
Property, plant and equipment, useful life	3 years
Furniture, fixtures and equipment | Maximum
Property, Plant and Equipment
Property, plant and equipment, useful life	7 years

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Recently Issued Accounting Pronouncements (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Accounting Policies [Abstract]
Operating lease, right-of-use asset	$ 3,646	$ 3,647

Investments_ Narrative (Details

Investments: Narrative (Details)	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Investments [Abstract]
Federal Home Loan Bank, Advances, General Debt Obligations, Disclosures, Collateral Pledged As Percent of Public Deposits Held	50.00%
Investments pledged as collateral for public deposits	$ 23,100,000	$ 23,400,000
Unrealized loss	1,459,000	814,000
Trading Securities Pledged as Collateral	0	0
Investments held-to-maturity, at amortized cost	$ 2,432,000	$ 2,418,000
Debt Securities, Available-for-sale, Unrealized Loss Position, Number of Positions	51	20

Investments_ Available-for-sale

Investments: Available-for-sale Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Debt Securities, Available-for-sale [Line Items]
Investments available-for-sale, at fair value	$ 168,948	$ 127,551
Debt Securities, Available-for-sale, Unrealized Loss	1,459	814
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	1,656	2,680
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, after Allowance for Credit Loss	168,751	125,685
Mortgage-backed investments, Fannie Mae
Debt Securities, Available-for-sale [Line Items]
Investments available-for-sale, at fair value	12,978	13,288
Debt Securities, Available-for-sale, Unrealized Loss	88	0
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	146	491
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, after Allowance for Credit Loss	12,920	12,797
Mortgage-backed investments, Freddie Mac
Debt Securities, Available-for-sale [Line Items]
Investments available-for-sale, at fair value	12,824	4,316
Debt Securities, Available-for-sale, Unrealized Loss	330	0
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	115	200
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, after Allowance for Credit Loss	13,039	4,116
Mortgage backed investments Ginnie Mae
Debt Securities, Available-for-sale [Line Items]
Investments available-for-sale, at fair value	23,687	17,127
Debt Securities, Available-for-sale, Unrealized Loss	146	3
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	105	617
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, after Allowance for Credit Loss	23,728	16,513
Other
Debt Securities, Available-for-sale [Line Items]
Investments available-for-sale, at fair value	11,264	10,729
Debt Securities, Available-for-sale, Unrealized Loss	61	62
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	47	100
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, after Allowance for Credit Loss	11,278	10,691
Municipal Bonds
Debt Securities, Available-for-sale [Line Items]
Investments available-for-sale, at fair value	36,466	17,446
Debt Securities, Available-for-sale, Unrealized Loss	289	0
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	677	963
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, after Allowance for Credit Loss	36,078	16,483
US Government agencies
Debt Securities, Available-for-sale [Line Items]
Investments available-for-sale, at fair value	41,434	40,635
Debt Securities, Available-for-sale, Unrealized Loss	338	537
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	61	88
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, after Allowance for Credit Loss	41,711	41,084
Corporate Bonds
Debt Securities, Available-for-sale [Line Items]
Investments available-for-sale, at fair value	30,295	24,010
Debt Securities, Available-for-sale, Unrealized Loss	207	212
Debt Securities, Available-for-sale, Accumulated Gross Unrealized Gain, before Tax	505	221
Debt Securities, Available-for-Sale, Amortized Cost, Excluding Accrued Interest, after Allowance for Credit Loss	$ 29,997	$ 24,001

Investments_ Schedule of Availa

Investments: Schedule of Available for sale Securities, Debt Maturities (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Investments [Abstract]
Due within one year, Amortized Cost	$ 399
Due after one year through five years, Amortized Cost	8,547
Due after five years through ten years, Amortized Cost	27,501
Due after ten years, Amortized Cost	71,339
Debt maturities, Amortized Cost	107,786
Mortgage-backed investments, Amortized Cost	60,965
Amortized Cost	168,751	$ 125,685
Due within one year, Fair Value	404
Due after one year through five years, Fair Value	8,592
Due after five years through ten years, Fair Value	27,784
Due after ten years, Fair Value	71,415
Debt maturities, Fair Value	108,195
Mortgage-backed investments, Fair Value	60,753
Investments available-for-sale, at fair value	$ 168,948	$ 127,551

Investments_ Gain_Loss on Inves

Investments: Gain/Loss on Investments (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Investments [Abstract]
Proceeds	$ 20,042	$ 12,082
Gross gains	104	189
Gross losses	$ (72)	$ (103)

Investments_ Schedule of Avai_2

Investments: Schedule of Available for sale Securities in Continuous Unrealized Loss positions (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	$ 64,255	$ 1,716
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	841	11
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	618	803
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	94,019	45,754
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	1,459	814
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	29,764	44,038
Mortgage-backed investments, Fannie Mae
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	6,279	0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	88	0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	6,279	0
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	88	0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	0	0
Mortgage-backed investments, Freddie Mac
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	4,709	0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	233	0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	97	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	7,923	0
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	330	0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	3,214	0
Mortgage backed investments Ginnie Mae
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	18,539	0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	146	0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0	3
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	18,539	1,311
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	146	3
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	0	1,311
Other
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	4,815	0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	61	0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	0	62
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	4,815	5,942
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	61	62
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	0	5,942
Municipal Bonds
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	18,805	0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	264	0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	25	0
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	19,864	0
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	289	0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	1,059	0
US Government agencies
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	10,123	1,716
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	34	11
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	304	526
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	31,805	32,707
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	338	537
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	21,682	30,991
Corporate Bonds
Debt Securities, Available-for-sale, Unrealized Loss Position [Line Items]
Available-for-sale Securities, Continuous Unrealized Loss Position, Less than Twelve Months, Fair Value	985	0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, Less than 12 Months, Accumulated Loss	15	0
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer, Accumulated Loss	192	212
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value	4,794	5,794
Debt Securities, Available-for-sale, Unrealized Loss Position, Accumulated Loss	207	212
Debt Securities, Available-for-sale, Continuous Unrealized Loss Position, 12 Months or Longer	$ 3,809	$ 5,794

Loans Receivable_ Schedule of A

Loans Receivable: Schedule of Accounts, Notes, Loans and Financing Receivable (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	$ 1,119,536	$ 1,117,410
Deferred loan fees, net (2)	418	1,654
Loans receivable, allowance	15,657	15,174
Loans receivable, net	1,103,461	1,100,582
Unamortized loan purchase premiums	3,300
One-to-four family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	385,116	381,960
One-to-four family, residential, owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	185,320	206,323
One-to-four family residential non-owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	199,796	175,637
Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, allowance	1,279	1,366	$ 1,607
Multifamily Permanent
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	130,146	136,694
Multifamily Construction
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans excluded from category	37,200	51,200
Commercial Real Estate Permanent
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	419,417	385,265
Construction Land Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	93,455	92,207
Loans receivable, allowance	2,064	2,189	2,222
Construction/Land Development One-to-four family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	34,677	33,396
Construction Land Development Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	37,194	51,215
Construction Land Development Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	6,189	5,783
Loans excluded from category	12,900	1,800
Construction Land Development Land Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	15,395	1,813
Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	46,590	80,663
Loans receivable, allowance	1,112	1,242	1,140
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	44,812	40,621
Loans receivable, allowance	$ 1,373	$ 1,069	$ 656

Loans Receivable_ Narratives (D

Loans Receivable: Narratives (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable
Loans Receivable, Percentage of Loan Portfolio	8.10%
Loans and Leases Receivable, Net Amount	$ 1,103,461,000	$ 1,100,582,000
Loans and Leases Receivable, Ratio of Nonperforming Loans to All Loans	0.02%	0.24%
Loans Receivable, non-performing	$ 0	$ 2,100,000
Loans and Leases Receivable, Impaired, Interest Lost on Nonaccrual Loans	0	82,000
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	0
Troubled debt restructuring, charge to Allowance for Loan and Lease Losses	0	0
Troubled Debt Restructuring Commitment To Extend Additional Credit	0	0
Loans and Leases Receivable, Related Parties	0
Five Largest Borrowing Relationships | Loans receivable | Customer Concentration Risk
Accounts, Notes, Loans and Financing Receivable
Loans and Leases Receivable, Net Amount	$ 106,600,000
Concentration risk, percentage	9.50%
PPP Loan
Accounts, Notes, Loans and Financing Receivable
Long-term Debt, Gross	$ 10,800,000	41,300,000
One-to-four family residential
Accounts, Notes, Loans and Financing Receivable
Loans Receivable, Percentage of Loan Portfolio	34.40%
Multifamily
Accounts, Notes, Loans and Financing Receivable
Loans Receivable, Percentage of Loan Portfolio	11.60%
Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable
Loans Receivable, Percentage of Loan Portfolio	37.50%
Construction Land Development
Accounts, Notes, Loans and Financing Receivable
Loans Receivable, Percentage of Loan Portfolio	8.40%
CARES Act Modification Loans
Accounts, Notes, Loans and Financing Receivable
Loans and Leases Receivable, Net Amount	$ 0
Multifamily Construction
Accounts, Notes, Loans and Financing Receivable
Loans excluded from category	37,200,000	51,200,000
Construction Land Development Commercial
Accounts, Notes, Loans and Financing Receivable
Loans excluded from category	12,900,000	1,800,000
Commercial Real Estate Construction
Accounts, Notes, Loans and Financing Receivable
Loans excluded from category	6,200,000	$ 5,800,000
Commercial Real Estate Permanent | PPP Loan
Accounts, Notes, Loans and Financing Receivable
Long-term Debt, Gross	$ 10,800,000

Loans Receivable Loans Receivab

Loans Receivable Loans Receivable: Schedule of Loans by Maturity and Interest Rate Type (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Fixed Rate
Schedule of Maturity of Loans and Financing Receivables [Abstract]
Due within one year	$ 39,712	$ 30,627
After one year through three years	50,504	92,301
After three years through five years	92,824	106,298
After five years through ten years	118,310	107,788
Thereafter	177,333	205,232
Loans receivable, outstanding maturities, by rate type	478,683	542,246
Adjustable Rate
Schedule of Maturity of Loans and Financing Receivables [Abstract]
Due within one year	284,631	294,220
After one year through three years	74,706	82,153
After three years through five years	177,607	98,296
After five years through ten years	103,909	100,495
Thereafter	0	0
Loans receivable, outstanding maturities, by rate type	$ 640,853	$ 575,164

Loans Receivable_ Financing Rec

Loans Receivable: Financing Receivables, Summary of loans by type and risk category (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	$ 1,119,536	$ 1,117,410
One-to-four family residential
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	385,116	381,960
Multifamily
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	130,146	136,694
Commercial Real Estate
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	419,417	385,265
Construction Land Development
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	93,455	92,207
Business
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	46,590	80,663
Consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	44,812	40,621
Pass, grade 1-4
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	1,042,837	1,036,758
Pass, grade 1-4 | One-to-four family residential
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	383,276	376,918
Pass, grade 1-4 | Multifamily
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	126,149	132,243
Pass, grade 1-4 | Commercial Real Estate
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	351,241	316,955
Pass, grade 1-4 | Construction Land Development
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	91,202	89,957
Pass, grade 1-4 | Business
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	46,590	80,208
Pass, grade 1-4 | Consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	44,379	40,477
Pass, Grade 5
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	30,213	61,485
Pass, Grade 5 | One-to-four family residential
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	911	3,914
Pass, Grade 5 | Multifamily
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	3,997	2,347
Pass, Grade 5 | Commercial Real Estate
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	23,019	52,375
Pass, Grade 5 | Construction Land Development
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	2,253	2,250
Pass, Grade 5 | Business
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	0	455
Pass, Grade 5 | Consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	33	144
Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	12,277	16,536
Special Mention | One-to-four family residential
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	929	601
Special Mention | Multifamily
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	0	0
Special Mention | Commercial Real Estate
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	11,127	15,935
Special Mention | Construction Land Development
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	0	0
Special Mention | Business
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	0	0
Special Mention | Consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	221	0
Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	34,209	2,631
Substandard | One-to-four family residential
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	0	527
Substandard | Multifamily
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	0	2,104
Substandard | Commercial Real Estate
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	34,030	0
Substandard | Construction Land Development
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	0	0
Substandard | Business
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	0	0
Substandard | Consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	$ 179	$ 0

Loans Receivable_ Schedule of_2

Loans Receivable: Schedule of Allowance for Loan and Lease Losses, Roll Forward (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	$ 15,174
(Recapture) provision	300	$ 1,900
Ending balance	15,657	15,174
Loans receivable, allowance	15,657	15,174
PPP Loan
Allowance for Loan and Lease Losses [Roll Forward]
Long-term Debt, Gross	10,800	41,300
One-to-four family residential
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	3,181	3,034
Charge-offs	0	0
Recoveries	183	28
(Recapture) provision	(150)	119
Ending balance	3,214	3,181
Loans receivable, allowance	3,214	3,181
Total Loans	385,116	381,960
One-to-four family residential | General Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	3,173
Ending balance	3,194	3,173
Loans receivable, allowance	3,194	3,173
Total Loans	383,009	379,333
One-to-four family residential | Specific Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	8
Ending balance	20	8
Loans receivable, allowance	20	8
Total Loans	2,107	2,627
Multifamily
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	1,366	1,607
Charge-offs	0	0
Recoveries	0	0
(Recapture) provision	(87)	(241)
Ending balance	1,279	1,366
Loans receivable, allowance	1,279	1,366
Total Loans	130,146	136,694
Multifamily | General Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	1,366
Ending balance	1,279	1,366
Loans receivable, allowance	1,279	1,366
Total Loans	130,146	134,590
Multifamily | Specific Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	0
Ending balance	0	0
Loans receivable, allowance	0	0
Total Loans	0	2,104
Commercial Real Estate
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	6,127	4,559
Charge-offs	0	0
Recoveries	0	30
(Recapture) provision	488	1,538
Ending balance	6,615	6,127
Loans receivable, allowance	6,615	6,127
Total Loans	419,417	385,265
Commercial Real Estate | General Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	6,127
Ending balance	6,615	6,127
Loans receivable, allowance	6,615	6,127
Total Loans	385,387	368,596
Commercial Real Estate | Specific Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	0
Ending balance	0	0
Loans receivable, allowance	0	0
Total Loans	34,030	16,669
Construction Land Development
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	2,189	2,222
Charge-offs	0	0
Recoveries	0	0
(Recapture) provision	(125)	(33)
Ending balance	2,064	2,189
Loans receivable, allowance	2,064	2,189
Total Loans	93,455	92,207
Construction Land Development | General Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	2,189
Ending balance	2,064	2,189
Loans receivable, allowance	2,064	2,189
Total Loans	93,455	92,207
Construction Land Development | Specific Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	0
Ending balance	0	0
Loans receivable, allowance	0	0
Total Loans	0	0
Business
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	1,242	1,140
Charge-offs	0	0
Recoveries	0	0
(Recapture) provision	(130)	102
Ending balance	1,112	1,242
Loans receivable, allowance	1,112	1,242
Total Loans	46,590	80,663
Business | General Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	1,242
Ending balance	1,112	1,242
Loans receivable, allowance	1,112	1,242
Total Loans	46,590	80,663
Business | Specific Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	0
Ending balance	0	0
Loans receivable, allowance	0	0
Total Loans	0	0
Consumer
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	1,069	656
Charge-offs	0	(2)
Recoveries	0	0
(Recapture) provision	304	415
Ending balance	1,373	1,069
Loans receivable, allowance	1,373	1,069
Total Loans	44,812	40,621
Consumer | General Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	1,069
Ending balance	1,373	1,069
Loans receivable, allowance	1,373	1,069
Total Loans	44,812	40,621
Consumer | Specific Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	0
Ending balance	0	0
Loans receivable, allowance	0	0
Total Loans	0	0
Property total
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	15,174	13,218
Charge-offs	0	(2)
Recoveries	183	58
(Recapture) provision	300	1,900
Ending balance	15,657	15,174
Loans receivable, allowance	15,657	15,174
Total Loans	1,119,536	1,117,410
Property total | General Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	15,166
Ending balance	15,637	15,166
Loans receivable, allowance	15,637	15,166
Total Loans	1,083,399	1,096,010
Property total | Specific Reserve
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	8
Ending balance	20	8
Loans receivable, allowance	20	8
Total Loans	$ 36,137	$ 21,400

Loans Receivable_ Financing R_2

Loans Receivable: Financing Receivables, Aging of loans (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Financing Receivable, Past Due [Line Items]
Total Loans	$ 1,119,536,000	$ 1,117,410,000
Financing Receivable, 90 Days or More Past Due, Still Accruing	0	0
One-to-four family, residential, owner occupied
Financing Receivable, Past Due [Line Items]
Total Loans	185,320,000	206,323,000
One-to-four family residential non-owner occupied
Financing Receivable, Past Due [Line Items]
Total Loans	199,796,000	175,637,000
Multifamily
Financing Receivable, Past Due [Line Items]
Total Loans	130,146,000	136,694,000
Commercial Real Estate
Financing Receivable, Past Due [Line Items]
Total Loans	419,417,000	385,265,000
Construction Land Development
Financing Receivable, Past Due [Line Items]
Total Loans	93,455,000	92,207,000
Real Estate, Total
Financing Receivable, Past Due [Line Items]
Total Loans	1,028,134,000	996,126,000
Business
Financing Receivable, Past Due [Line Items]
Total Loans	46,590,000	80,663,000
Consumer
Financing Receivable, Past Due [Line Items]
Total Loans	44,812,000	40,621,000
30-59 Days
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	255,000	549,000
30-59 Days | One-to-four family, residential, owner occupied
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	77,000
30-59 Days | One-to-four family residential non-owner occupied
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	159,000
30-59 Days | Multifamily
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	0
30-59 Days | Commercial Real Estate
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	0
30-59 Days | Construction Land Development
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	0
30-59 Days | Real Estate, Total
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	236,000
30-59 Days | Business
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	76,000	275,000
30-59 Days | Consumer
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	179,000	38,000
60-89 Days
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	0
60-89 Days | One-to-four family, residential, owner occupied
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	0
60-89 Days | One-to-four family residential non-owner occupied
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	0
60-89 Days | Multifamily
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	0
60-89 Days | Commercial Real Estate
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	0
60-89 Days | Construction Land Development
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	0
60-89 Days | Real Estate, Total
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	0
60-89 Days | Business
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	0
60-89 Days | Consumer
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	0
90 Days and Greater
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	2,104,000
90 Days and Greater | One-to-four family, residential, owner occupied
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	0
90 Days and Greater | One-to-four family residential non-owner occupied
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	0
90 Days and Greater | Multifamily
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	2,104,000
90 Days and Greater | Commercial Real Estate
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	0
90 Days and Greater | Construction Land Development
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	0
90 Days and Greater | Real Estate, Total
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	2,104,000
90 Days and Greater | Business
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	0
90 Days and Greater | Consumer
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	0
Financial Asset, Past Due
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	255,000	2,653,000
Financial Asset, Past Due | One-to-four family, residential, owner occupied
Financing Receivable, Past Due [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
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	159,000
Financial Asset, Past Due | Multifamily
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	2,104,000
Financial Asset, Past Due | Commercial Real Estate
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	0
Financial Asset, Past Due | Construction Land Development
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	0
Financial Asset, Past Due | Real Estate, Total
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	0	2,340,000
Financial Asset, Past Due | Business
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	76,000	275,000
Financial Asset, Past Due | Consumer
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	179,000	38,000
Financial Asset, Not Past Due
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	1,119,281,000	1,114,757,000
Financial Asset, Not Past Due | One-to-four family, residential, owner occupied
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	185,320,000	206,246,000
Financial Asset, Not Past Due | One-to-four family residential non-owner occupied
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	199,796,000	175,478,000
Financial Asset, Not Past Due | Multifamily
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	130,146,000	134,590,000
Financial Asset, Not Past Due | Commercial Real Estate
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	419,417,000	385,265,000
Financial Asset, Not Past Due | Construction Land Development
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	93,455,000	92,207,000
Financial Asset, Not Past Due | Real Estate, Total
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	1,028,134,000	993,786,000
Financial Asset, Not Past Due | Business
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	46,514,000	80,388,000
Financial Asset, Not Past Due | Consumer
Financing Receivable, Past Due [Line Items]
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss	$ 44,633,000	$ 40,583,000

Loans Receivable_ Schedule of n

Loans Receivable: Schedule of non-accrual loans (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Loans and Leases Receivable Disclosure [Line Items]
Total nonaccrual loans	$ 0	$ 2,104
Multifamily
Loans and Leases Receivable Disclosure [Line Items]
Total nonaccrual loans	$ 0	$ 2,104

Loans Receivable_ Non-performin

Loans Receivable: Non-performing Loans, Foregone interest, and loans committed (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	$ 1,119,536	$ 1,117,410
One-to-four family residential
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	385,116	381,960
Multifamily
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	130,146	136,694
Commercial Real Estate
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	419,417	385,265
Construction Land Development
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	93,455	92,207
Business
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	46,590	80,663
Consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	44,812	40,621
One-to-four family, residential, owner occupied
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	185,320	206,323
One-to-four family residential non-owner occupied
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	199,796	175,637
Performing Financing Receivable
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	1,119,536	1,115,306
Performing Financing Receivable | One-to-four family residential
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	385,116	381,960
Performing Financing Receivable | Multifamily
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	130,146	134,590
Performing Financing Receivable | Commercial Real Estate
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	419,417	385,265
Performing Financing Receivable | Construction Land Development
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	93,455	92,207
Performing Financing Receivable | Business
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	46,590	80,663
Performing Financing Receivable | Consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	44,812	40,621
Performing Financing Receivable | One-to-four family, residential, owner occupied
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	185,300	206,300
Performing Financing Receivable | One-to-four family residential non-owner occupied
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	199,800	175,600
Nonperforming Financing Receivable
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	0	2,104
Nonperforming Financing Receivable | One-to-four family residential
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	0	0
Nonperforming Financing Receivable | Multifamily
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	0	2,104
Nonperforming Financing Receivable | Commercial Real Estate
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	0	0
Nonperforming Financing Receivable | Construction Land Development
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	0	0
Nonperforming Financing Receivable | Business
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	0	0
Nonperforming Financing Receivable | Consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Financing Receivable, after Allowance for Credit Loss	$ 0	$ 0

Loans Receivable_ Schedule of I

Loans Receivable: Schedule of Impaired Financing Receivables (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
One-to-four family, residential, owner occupied
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	$ 178	$ 274
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	185	365
Impaired Financing Receivable, with Related Allowance, Recorded Investment	494	502
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	541	549
Impaired Financing Receivable, Related Allowance	19	6
Impaired Financing Receivable, Recorded Investment	672	776
Impaired Financing Receivable, Unpaid Principal Balance	726	914
One-to-four family residential non-owner occupied
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	915	1,031
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	915	1,031
Impaired Financing Receivable, with Related Allowance, Recorded Investment	520	820
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	520	820
Impaired Financing Receivable, Related Allowance	1	2
Impaired Financing Receivable, Recorded Investment	1,435	1,851
Impaired Financing Receivable, Unpaid Principal Balance	1,435	1,851
Multifamily
Financing Receivable, Impaired [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
Impaired Financing Receivable, Recorded Investment		2,104
Impaired Financing Receivable, Unpaid Principal Balance		2,104
Commercial Real Estate
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	34,030	16,669
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	34,030	16,669
Impaired Financing Receivable, Related Allowance	0	0
Impaired Financing Receivable, Recorded Investment	34,030	16,669
Impaired Financing Receivable, Unpaid Principal Balance	34,030	16,669
Property total
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	35,123	20,078
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	35,130	20,169
Impaired Financing Receivable, with Related Allowance, Recorded Investment	1,014	1,322
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	1,061	1,369
Impaired Financing Receivable, Related Allowance	20	8
Impaired Financing Receivable, Recorded Investment	36,137	21,400
Impaired Financing Receivable, Unpaid Principal Balance	$ 36,191	$ 21,538

Loans Receivable Loans Receiv_2

Loans Receivable Loans Receivable: Average Recorded Investment and Interest Income Recognized (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	$ 25,986	$ 19,894
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	1,403	957
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	1,254	1,709
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	68	61
Impaired Financing Receivable, Average Recorded Investment	27,240	21,603
Impaired Financing Receivable, Interest Income, Accrual Method	1,471	1,018
One-to-four family, residential, owner occupied
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	217	380
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	12	18
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	498	503
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	31	9
Impaired Financing Receivable, Average Recorded Investment	715	883
Impaired Financing Receivable, Interest Income, Accrual Method	43	27
One-to-four family residential non-owner occupied
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	947	1,207
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	62	69
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	756	1,206
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	37	52
Impaired Financing Receivable, Average Recorded Investment	1,703	2,413
Impaired Financing Receivable, Interest Income, Accrual Method	99	121
Multifamily
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	828	2,104
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	0	186
Impaired Financing Receivable, Average Recorded Investment	828	2,104
Impaired Financing Receivable, Interest Income, Accrual Method	0	186
Commercial Real Estate
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	23,994	10,568
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	1,329	684
Impaired Financing Receivable, Average Recorded Investment	23,994	10,568
Impaired Financing Receivable, Interest Income, Accrual Method	1,329	684
Construction Land Development
Financing Receivable, Impaired [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	0	5,635
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	0	0
Impaired Financing Receivable, Average Recorded Investment	0	5,635
Impaired Financing Receivable, Interest Income, Accrual Method	$ 0	$ 0

Loans Receivable_ Schedule of_3

Loans Receivable: Schedule of Non-performing assets and troubled debt restructured loans (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Receivables [Abstract]
Performing TDRs	$ 2,107	$ 3,869
Nonaccrual TDRs	0	0
Total TDRs	$ 2,107	$ 3,869

Loans Receivable_ Troubled Debt

Loans Receivable: Troubled Debt Restructurings on Financing Receivables (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2021USD ($)loan	Dec. 31, 2020USD ($)loan
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan	4	1
Pre-Modification Outstanding Recorded Investment	$ 2,594	$ 1,249
Post-Modification Outstanding Recorded Investment	$ 2,594	$ 1,249
One-to-four family residential | Principal and Interest with Interest Rate Concession
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan	0	0
Pre-Modification Outstanding Recorded Investment	$ 0	$ 0
Post-Modification Outstanding Recorded Investment	$ 0	$ 0
One-to-four family residential | Advancement of Maturity Date
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan	3	0
Pre-Modification Outstanding Recorded Investment	$ 1,353	$ 0
Post-Modification Outstanding Recorded Investment	$ 1,353	$ 0
Commercial Real Estate | Advancement of Maturity Date
Financing Receivable, Troubled Debt Restructuring [Line Items]
Number of Loans | loan	1	1
Pre-Modification Outstanding Recorded Investment	$ 1,241	$ 1,249
Post-Modification Outstanding Recorded Investment	$ 1,241	$ 1,249

Other Real Estate Owned - Other

Other Real Estate Owned - Other Real Estate, Roll Forward (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Other Real Estate [Roll Forward]
Balance at beginning of year	$ 454	$ 454
Market value adjustments	0
Balance at end of year	0	454
Proceeds from Sale of Other Real Estate	(247)	0
Gains (Losses) on Sales of Other Real Estate	$ (207)	$ 0

Other Real Estate Owned (Detail

Other Real Estate Owned (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Real Estate [Line Items]
Other Real Estate	$ 0	$ 454,000	$ 454,000
Other Real Estate, Valuation Adjustments	0
Loss on sale of OREO property, net	207,000	$ 0
One-to-four family residential
Real Estate [Line Items]
Mortgage Loans in Process of Foreclosure, Amount	$ 0

Premises and Equipment (Details

Premises and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Property, Plant and Equipment
Property, plant and equipment, gross	$ 39,634	$ 37,262
Less accumulated depreciation and amortization	(17,194)	(15,168)
Payments for Construction in Process	0	485
Property, plant and equipment, net	22,440	22,579
Depreciation of premises and equipment	2,158	2,170
Land
Property, Plant and Equipment
Property, plant and equipment, gross	2,226	2,226
Buildings and improvements
Property, Plant and Equipment
Property, plant and equipment, gross	21,617	20,213
Leasehold Improvements [Member]
Property, Plant and Equipment
Property, plant and equipment, gross	5,946	5,273
Furniture and fixtures
Property, Plant and Equipment
Property, plant and equipment, gross	3,751	3,737
Computer Equipment [Member]
Property, Plant and Equipment
Property, plant and equipment, gross	3,771	3,703
Equipment
Property, Plant and Equipment
Property, plant and equipment, gross	$ 2,323	$ 2,110

Fair Value of Financial Instr_3

Fair Value of Financial Instruments- Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	$ 168,948,000	$ 127,551,000
Derivative Asset, Fair Value, Gross Asset	1,500,000
Assets, Fair Value Disclosure, Recurring (Deprecated 2018-01-31)	170,439,000
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	3,767,000	0
Derivative Asset, Fair Value, Gross Asset	0
Assets, Fair Value Disclosure, Recurring (Deprecated 2018-01-31)	3,767,000
Derivative Liability, Fair Value, Gross Liability		0
Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	165,181,000	127,551,000
Derivative Asset, Fair Value, Gross Asset	1,491,000
Assets, Fair Value Disclosure, Recurring (Deprecated 2018-01-31)	166,672,000
Derivative Liability, Fair Value, Gross Liability		2,825,000
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 Asset	0
Assets, Fair Value Disclosure, Recurring (Deprecated 2018-01-31)	0
Derivative Liability, Fair Value, Gross Liability		0
Mortgage-backed investments, Fannie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	12,978,000	13,288,000
Mortgage-backed investments, Fannie Mae | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Mortgage-backed investments, Fannie Mae | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	12,978,000	13,288,000
Mortgage-backed investments, Fannie Mae | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Mortgage-backed investments, Freddie Mac
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	12,824,000	4,316,000
Mortgage-backed investments, Freddie Mac | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	744,000	0
Mortgage-backed investments, Freddie Mac | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	12,080,000	4,316,000
Mortgage-backed investments, Freddie Mac | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Mortgage-backed investments, Ginnie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	23,687,000	17,127,000
Mortgage-backed investments, Ginnie Mae | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Mortgage-backed investments, Ginnie Mae | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	23,687,000	17,127,000
Mortgage-backed investments, Ginnie Mae | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	11,264,000	10,729,000
Other | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	3,023,000	0
Other | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	8,241,000	10,729,000
Other | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0
Municipal Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	36,466,000	17,446,000
Municipal Bonds | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Municipal Bonds | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	36,466,000	17,446,000
Municipal Bonds | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
US Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	41,434,000	40,635,000
US Government agencies | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
US Government agencies | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	41,434,000	40,635,000
US Government agencies | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Corporate Bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	30,295,000	24,010,000
Corporate Bonds | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Corporate Bonds | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	30,295,000	24,010,000
Corporate Bonds | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, fair value disclosure	0	0
Derivative Financial Instruments, Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Gross Asset	1,491,000
Derivative Financial Instruments, Assets [Member] | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Gross Asset	0
Derivative Financial Instruments, Assets [Member] | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Gross Asset	1,491,000
Derivative Financial Instruments, Assets [Member] | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Gross Asset	$ 0
Derivative Financial Instruments, Liabilities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Gross Liability		2,825,000
Derivative Financial Instruments, Liabilities | Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Gross Liability		0
Derivative Financial Instruments, Liabilities | Fair Value, Inputs, Level 2 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Gross Liability		2,825,000
Derivative Financial Instruments, Liabilities | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Liability, Fair Value, Gross Liability		$ 0

Fair Value of Financial Instr_4

Fair Value of Financial Instruments - Schedule of balances of assets and liabilities, measured at fair value on a non-recurring basis (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
OREO, Fair Value	$ 0	$ 454,000	$ 454,000
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans (included in loans receivable, net), recorded investment	36,118,000	21,392,000
OREO, Fair Value	0	454,000
Total, Fair Value	36,118,000	21,846,000
Fair Value, Nonrecurring [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans (included in loans receivable, net), recorded investment	36,118,000	21,392,000
OREO, Fair Value	0	454,000
Total, Fair Value	36,118,000	21,846,000
Impaired loans (included in loans receivable, net), Fair Value	$ 20,000	$ 8,000

Fair Value of Financial Instr_5

Fair Value of Financial Instruments - Schedule of quantitative information about Level 3 Fair Value Measurements on a nonrecurring basis (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Level 3 | Market Approach Valuation Technique | Loans receivable
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Unobservable Input(s)	Appraised value of collateral discounted by expected selling costs	Appraised value of collateral discounted by expected selling costs
Level 3 | Market Approach Valuation Technique | Loans receivable | Minimum [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of financial instruments, range	0.00%	0.00%
Level 3 | Market Approach Valuation Technique | Loans receivable | Maximum [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of financial instruments, range	0.00%	0.00%
Level 3 | Market Approach Valuation Technique | Loans receivable | Weighted Average
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of financial instruments, range	0.00%	0.00%
Level 3 | Market Approach Valuation Technique | Other Real Estate Owned
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Unobservable Input(s)		Estimated selling price less selling costs
Level 3 | Market Approach Valuation Technique | Other Real Estate Owned | Minimum [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of financial instruments, range		0.00%
Level 3 | Market Approach Valuation Technique | Other Real Estate Owned | Maximum [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of financial instruments, range		0.00%
Level 3 | Market Approach Valuation Technique | Other Real Estate Owned | Weighted Average
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Fair value of financial instruments, range		0.00%
Fair Value, Nonrecurring [Member]
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Impaired Financing Receivable, Related Allowance	$ 20,000	$ 8,000
Fair Value, Nonrecurring [Member] | Level 3 | Market Approach Valuation Technique | Loans receivable
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Financial and Nonfinancial Liabilities, Fair Value Disclosure	$ 36,118,000	21,392,000
Fair Value, Nonrecurring [Member] | Level 3 | Market Approach Valuation Technique | Other Real Estate Owned
Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation
Financial and Nonfinancial Liabilities, Fair Value Disclosure		$ 454,000

Fair Value of Financial Instr_6

Fair Value of Financial Instruments - Fair Value, by Balance Sheet Grouping (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Investments available-for-sale, at fair value	$ 168,948,000	$ 127,551,000
Investments held-to-maturity, at amortized cost	2,432,000	2,418,000
FHLB stock	5,465,000	6,410,000
Derivative Asset, Fair Value, Gross Asset	1,500,000
Level 1
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash on hand and in banks	7,246,000	7,995,000
Interest-earning deposits	66,145,000	72,494,000
Investments available-for-sale, at fair value	3,767,000	0
Investments held-to-maturity, at amortized cost	0	0
Loans receivable, net	0	0
FHLB stock	0	0
Accrued interest receivable	0	0
Derivative Asset, Fair Value, Gross Asset	0
Deposits	863,347,000	684,057,000
Certificates of deposit, retail	0	0
Advances from the FHLB	0	0
Accrued interest payable	0	0
Derivative Liability, Fair Value, Gross Liability		0
Level 2
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash on hand and in banks	0	0
Interest-earning deposits	0	0
Investments available-for-sale, at fair value	165,181,000	127,551,000
Investments held-to-maturity, at amortized cost	2,432,000	2,418,000
Loans receivable, net	0	0
FHLB stock	5,465,000	6,410,000
Accrued interest receivable	5,285,000	5,508,000
Derivative Asset, Fair Value, Gross Asset	1,491,000
Deposits	0	0
Certificates of deposit, retail	295,929,000	418,118,000
Advances from the FHLB	95,003,000	120,006,000
Accrued interest payable	112,000	211,000
Derivative Liability, Fair Value, Gross Liability		2,825,000
Level 3
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash on hand and in banks	0	0
Interest-earning deposits	0	0
Investments available-for-sale, at fair value	0	0
Investments held-to-maturity, at amortized cost	0	0
Loans receivable, net	1,109,887,000	1,101,559,000
FHLB stock	0	0
Accrued interest receivable	0	0
Derivative Asset, Fair Value, Gross Asset	0
Deposits	0	0
Certificates of deposit, retail	0	0
Advances from the FHLB	0	0
Accrued interest payable	0	0
Derivative Liability, Fair Value, Gross Liability		0
Carrying Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash on hand and in banks	7,246,000	7,995,000
Interest-earning deposits	66,145,000	72,494,000
Investments available-for-sale, at fair value	168,948,000	127,551,000
Investments held-to-maturity, at amortized cost	2,432,000	2,418,000
Loans receivable, net	1,103,461,000	1,100,582,000
FHLB stock	5,465,000	6,410,000
Accrued interest receivable	5,285,000	5,508,000
Derivative Asset, Fair Value, Gross Asset	1,491,000
Deposits	863,347,000	684,057,000
Certificates of deposit, retail	294,127,000	409,576,000
Advances from the FHLB	95,000,000	120,000,000
Accrued interest payable	112,000	211,000
Derivative Liability, Fair Value, Gross Liability		2,825,000
Estimated Fair Value
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Cash on hand and in banks	7,246,000	7,995,000
Interest-earning deposits	66,145,000	72,494,000
Investments available-for-sale, at fair value	168,948,000	127,551,000
Investments held-to-maturity, at amortized cost	2,432,000	2,418,000
Loans receivable, net	1,109,887,000	1,101,559,000
FHLB stock	5,465,000	6,410,000
Accrued interest receivable	5,285,000	5,508,000
Derivative Asset, Fair Value, Gross Asset	1,491,000
Deposits	863,347,000	684,057,000
Certificates of deposit, retail	295,929,000	418,118,000
Advances from the FHLB	95,003,000	120,006,000
Accrued interest payable	$ 112,000	211,000
Derivative Liability, Fair Value, Gross Liability		$ 2,825,000

Accrued Interest Receivable (De

Accrued Interest Receivable (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Accounts, Notes, Loans and Financing Receivable
Interest Receivable	$ 5,285	$ 5,508
Loans receivable
Accounts, Notes, Loans and Financing Receivable
Interest Receivable	4,634	5,031
Investments
Accounts, Notes, Loans and Financing Receivable
Interest Receivable	$ 651	$ 477

Deposits - Components of Deposi

Deposits - Components of Deposits (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Deposit Liability [Line Items]
Noninterest-bearing	$ 117,751,000	$ 91,285,000
Interest-bearing demand	97,907,000	108,182,000
Savings	23,146,000	19,221,000
Money market	624,543,000	465,369,000
Certificates of deposit, retail (1)	294,127,000	409,576,000
Total deposits	1,157,474,000	1,093,633,000
Opus Bank [Member] | Adjustments [Member]
Deposit Liability [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Interest Bearing Deposits	$ 3,000	$ 12,000

Deposits - Maturities of Certif

Deposits - Maturities of Certificates of Deposit (Details) $ in Thousands	Dec. 31, 2021USD ($)
Deposits [Abstract]
2022	$ 145,337
2023	95,987
2024	42,511
2025	7,527
2026	2,765
Time Deposits	$ 294,127

Deposits - Narrative (Details)

Deposits - Narrative (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Deposits [Abstract]
Deposits, public funds	$ 60.6	$ 59.2
Time Deposits at or Above FDIC Insurance Limit	77.4	135.6
Interest Expense, Time Deposits, at or Above FDIC Insurance Limit	1.2	3
Deposits controlled by management, members of the Board of Directors and related entities	$ 2.2	$ 2.1

Deposits - Interest Expense on

Deposits - Interest Expense on Deposit Liabilities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Deposits [Abstract]
Interest-bearing demand	$ 90	$ 292
Savings	6	15
Money market	1,601	3,497
Certificates of deposit, retail	5,519	9,474
Certificates of deposit, brokered	0	727
Interest expense, deposits	$ 7,216	$ 14,005

Other Borrowings (Details)

Other Borrowings (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Maximum line of credit with FHLB	$ 648,100	$ 614,400
Maximum borrowing outstanding at any month end	120,000	160,000
Average borrowing outstanding during year	115,466	125,392
Balance outstanding at end of year	$ 95,000	$ 120,000
Average rate paid during the year	1.39%	1.31%
Weighted-average rate paid at end of year	1.26%	1.40%
Federal Reserve Bank
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Unused credit facility with another financial institution	$ 84,800
Other Financial Institutions
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Unused credit facility with another financial institution	75,000
Single Family Residential Mortgages
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Investments pledged as collateral for FHLB advances	223,000	$ 255,500
Commercial Real Estate
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Investments pledged as collateral for FHLB advances	145,400	196,200
Mulitfamily Loans Under Blanket Lien Arrangement
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Investments pledged as collateral for FHLB advances	$ 54,100	$ 72,100

Leases - Narrative (Details)

Leases - Narrative (Details)	Dec. 31, 2021USD ($)
Lessee, Lease, Description [Line Items]
Operating Lease, Monthly Lease Payment	$ 69,000
Minimum [Member]
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Term of Contract	13 months
Lessee, Operating Lease, Renewal Term	3 years
Maximum [Member]
Lessee, Lease, Description [Line Items]
Lessee, Operating Lease, Term of Contract	9 years 1 month 6 days
Lessee, Operating Lease, Renewal Term	5 years

Leases - Lease Cost (Details)

Leases - Lease Cost (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Leases [Abstract]
Lease expense, year-to-date	$ 1,061	$ 936
Right of use asset (“ROU”), net	3,646	3,647
Lease liability, net	$ 3,805	$ 3,783
Weighted average remaining term (in years)	6 years 3 months 3 days	7 years 2 months 23 days
Weighted average discount rate	1.91%	2.10%

Leases - Lease Liabilities (Det

Leases - Lease Liabilities (Details) $ in Thousands	Dec. 31, 2021USD ($)
Leases [Abstract]
Due through one year	$ 839
Due after one year through two years	723
Due after two years through three years	622
Due after three years through four years	526
Due after four years through five years	332
Due after five years	1,003
Total minimum lease payments	4,045
Less: present value discount	240
Lease liability	$ 3,805

Derivatives - Narrative (Detail

Derivatives - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Derivative [Line Items]
Derivative Asset, Fair Value, Gross Asset	$ 1,500,000
Total stockholders’ equity	157,879,000	$ 156,302,000	$ 156,319,000
Gain (Loss) on Cash Flow Hedge Ineffectiveness, Net	0	$ 0
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent
Derivative [Line Items]
Total stockholders’ equity	$ 1,200,000
Cash Flow Hedging [Member]
Derivative [Line Items]
Derivative, Average Fixed Interest Rate	1.05%
Derivative Asset, Fair Value, Gross Asset	$ 1,491,000
Minimum [Member]
Derivative [Line Items]
Derivative, Term of Contract	4 years
Derivative, Remaining Maturity	1 year 9 months 18 days
Derivative, Notional Amount	$ 10,000,000
Maximum [Member]
Derivative [Line Items]
Derivative, Term of Contract	8 years
Derivative, Remaining Maturity	7 years 9 months 18 days
Derivative, Notional Amount	$ 15,000,000
FHLB of Des Moines [Member]
Derivative [Line Items]
Debt Instrument, Face Amount	$ 95,000,000

Derivatives - Schedule of Deriv

Derivatives - Schedule of Derivative Instruments (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Derivative [Line Items]
Derivative Asset, Fair Value, Gross Asset	$ 1,500,000
Cash Flow Hedging [Member]
Derivative [Line Items]
Derivative Asset, Fair Value, Gross Asset	$ 1,491,000
Derivative Liability, Fair Value, Gross Liability		$ (2,825,000)

Derivatives - Derivative Instru

Derivatives - Derivative Instruments, Gain (Loss) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Interest rate swaps on FHLB debt designated as cash flow hedge	$ 3,410	$ (2,568)

Benefit Plans Multiemployer Pen

Benefit Plans Multiemployer Pension Plans (Details) - USD ($)	Nov. 18, 2021	Dec. 08, 2020	Dec. 31, 2021	Dec. 31, 2020	Jun. 30, 2020	Jun. 30, 2019	Jan. 31, 2020
Multiemployer Plans [Line Items]
First Financial Northwest’s Plan(1)			111.20%	101.70%
Deferred compensation expense			$ 175,000	$ 235,000
Deferred Compensation Arrangement with Individual, Recorded Liability			922,000
Defined Benefit Plan, Benefit Obligation							$ 2,400,000
Pentegra DB Plan
Multiemployer Plans [Line Items]
Contributions by employer	$ 207,000	$ 171,000	$ 207,000	$ 171,000
Multiemployer Plans, Pension | Pentegra DB Plan
Multiemployer Plans [Line Items]
Assumptions used calculating net periodic benefit cost			5.56%	5.35%
Maximum contribution rate					5.00%
Multiemployer Plan, Employer Contribution, Cost					$ 253,200,000	$ 138,300,000

Benefit Plans 401(K) Plan (Deta

Benefit Plans 401(K) Plan (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Retirement Benefits [Abstract]
Number of days of continuous employment to be eligible	60 days
Maximum annual contribution by employee	6.00%
Employer match	50.00%
Contributions by employer	$ 319,000	$ 266,000

Benefit Plans Employee Stock Ow

Benefit Plans Employee Stock Ownership Plans (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Textuals [Abstract]
Amount borrowed by ESOP	$ 16,900
Shares acquired by ESOP	1,692,800
Price per share of shares acquired by ESOP	$ 10
Fixed interest rate ESOP debt	4.88%
Principal and interest payments from ESOP	$ 1,600
ESOP contribution expense	1,696	$ 1,200
Dividends on unallocated ESOP shares used to reduce ESOP contribution	$ 87	$ 124
Allocated shares	1,608,160	1,495,307
Unallocated shares	84,640	197,493
Total ESOP shares	1,692,800	1,692,800
Fair value of unallocated shares	$ 1,369	$ 2,251

Benefit Plans Stock-Based Compe

Benefit Plans Stock-Based Compensation - Narrative (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Total compensation expense	$ 708,000	$ 427,000
First Financial Northwest, Inc. 2008 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense, related tax benefit	$ 149,000	90,000
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Granted	0
Stock Options | First Financial Northwest Inc 2016 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted (shares)	1,400,000
Number of shares remaining for grant	1,060,922
Stock Options | First Financial Northwest, Inc. 2008 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Exercisable ending balance, Shares	272,000
Contractual life	10 years
Unrecognized compensation cost	$ 0
Restricted Stock | First Financial Northwest Inc 2016 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted (shares)	400,000
Number of shares remaining for grant	230,461
Restricted Stock | First Financial Northwest, Inc. 2008 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized compensation cost	$ 109,000
Unrecognized compensation cost recognition period	2 months
Total fair value of shares vested	$ 402,000	$ 437,000

Benefit Plans Disclosure of Sha

Benefit Plans Disclosure of Share-based Compensation Arrangements by Share-based Payment Award (Details) - First Financial Northwest, Inc. 2008 Equity Incentive Plan	12 Months Ended
	Dec. 31, 2021USD ($)$ / sharesshares
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding [Roll Forward]
Outstanding at beginning balance	313,000
Outstanding at ending balance	272,000
Share-based Compensation Arrangement by Share-based Payment Award, Options, Outstanding, Weighted Average Exercise Price [Roll Forward]
Outstanding beginning balance, Weighted Average Exercise Price | $ / shares	$ 10.34
Outstanding ending balance, Weighted Average Exercise Price | $ / shares	$ 10.63
Share-based Compensations Arrangement by Share-based Payment Award, Options Outstanding, Weighted Average Remaining Contractual Term [Roll Forward]
Outstanding ending balance, Weighted Average Remaining Contractual Term	2 years 1 month 17 days
Share Based Compensation, Stock Option Plan, Additional Disclosures [Abstract]
Outstanding beginning balance, Agregate Intrinsic Value | $	$ 397,890
Outstanding ending balance, Agregate Intrinsic Value | $	$ 1,507,300
Expected to Vest, Shares	272,000
Expected to Vest, Weighted Average Exercise Price | $ / shares	$ 10.63
Expected to Vest, Weighted Average Remaining Contracutal Term in Years	2 years 1 month 17 days
Expected to Vest, Aggregate Intrinsic Value | $	$ 1,507,300
Exercisable ending balance, Shares	272,000
Exercisable ending balance, Weighted Average Exercise Price	10.63
Exercisable ending balance, Weighted Average Remaining Contracutal Term in Years	2 years 1 month 17 days
Exercisable ending balance, Aggregate Intrinsic Value | $	$ 1,507,300
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Exercised	(41,000)
Exercised | $ / shares	$ 8.41
Exercised | $	$ 306,300
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Nonvested beginning balance, Shares	16,228
Granted, Shares	55,673
Vested, Shares	(27,475)
Nonvested ending balance, Shares	44,426
Expected to vest assuming a 3% forfeiture rate over the vesting term, Shares	43,093
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Roll Forward]
Nonvested beginning balance, Weighted-Average Grant Date Fair Value | $ / shares	$ 13.61
Granted, Weighted-Average Grant Date Fair Value | $ / shares	14.25
Vested, Weighted-Average Grant Date Fair Value | $ / shares	14.63
Nonvested ending balance, Weighted-Average Grant Date Fair Value | $ / shares	$ 13.78

Federal Income Taxes_ Component

Federal Income Taxes: Components of The Income Tax Provision (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Current	$ 2,690	$ 1,937
Deferred	235	5
Total income tax expense	$ 2,925	$ 1,942

Federal Income Taxes_ Reconcili

Federal Income Taxes: Reconciliation From Tax At the Statutory Rate to the Income Tax Provision (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Income tax expense at statutory rate	$ 3,187	$ 2,205
Tax exempt interest, net	(54)	(23)
BOLI income, net	(229)	(200)
Other, net	21	(40)
Total income tax expense	$ 2,925	$ 1,942

Federal Income Taxes_ Deferred

Federal Income Taxes: Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020
Deferred tax assets:
ALLL	$ 3,288	$ 3,187
Reserve for unfunded commitments	59	74
Deferred compensation	194	309
Net unrealized loss on derivative cash flow hedge	0	594
Reserve for uncollected interest	0	45
Employee benefit plans	385	424
OREO market value adjustments	0	10
Accrued expenses	114	141
Core deposit intangible	53	42
Expenses to facilitate branch acquisition	20	22
Split dollar life insurance	87	78
Lease liability	799	794
Total deferred tax assets	4,999	5,720
Deferred tax liabilities:
FHLB stock dividends	3	4
Loan origination fees and costs	1,098	1,031
Net unrealized gain on derivative cash flow hedge	312	0
Net unrealized gain on investments available for sale	42	392
Fixed assets	1,818	1,785
Goodwill	54	42
Right of use asset	766	766
Other, net	56	59
Total deferred tax liabilities	4,149	4,079
Deferred tax assets, net	$ 850	$ 1,641

Federal Income Taxes - Narrativ

Federal Income Taxes - Narrative (Details) - USD ($)	Dec. 31, 2021	Dec. 31, 2020
Income Tax Disclosure [Abstract]
Operating Loss Carryforwards	$ 0	$ 0
Unrecognized taxable temporary difference	4,500,000
Unrecognized Tax Benefits	0	0
Unrecognized Tax Benefits, Income Tax Penalties and Interest Accrued	$ 0	$ 0

Regulatory Capital Requiremen_3

Regulatory Capital Requirements (Details) $ in Thousands	Dec. 31, 2021USD ($)	Dec. 31, 2020USD ($)
Broker-Dealer, Net Capital Requirement, SEC Regulation [Abstract]
Capital	$ 160,840	$ 152,610
Capital to Risk Weighted Assets	0.1548	0.1557
Capital Required for Capital Adequacy	$ 83,121	$ 78,406
Capital Required for Capital Adequacy to Risk Weighted Assets	0.0800	0.0800
Capital Required to be Well Capitalized	$ 103,901	$ 98,008
Capital Required to be Well Capitalized to Risk Weighted Assets	0.1000	0.1000
Tier One Risk Based Capital	$ 147,816	$ 140,319
Tier One Risk Based Capital to Risk Weighted Assets	0.1423	0.1432
Tier One Risk Based Capital Required for Capital Adequacy	$ 62,340	$ 58,805
Tier One Risk Based Capital Required for Capital Adequacy to Risk Weighted Assets	0.0600	0.0600
Tier One Risk Based Capital Required to be Well Capitalized	$ 83,121	$ 78,406
Tier One Risk Based Capital Required to be Well Capitalized to Risk Weighted Assets	0.0800	0.0800
Common Equity Tier One Capital	$ 147,816	$ 140,319
Common Equity Tier One Capital to Risk Weighted Assets	14.23%	14.32%
Common Equity Tier One Capital For Capital Adequacy	$ 46,755	$ 44,103
Common Equity Tier one Capital to Risk Weighted Assets For Capital Adequacy	4.50%	4.50%
Common Equity Tier One Capital to be Well Capitalized to Risk Weighted Assets	$ 67,536	$ 63,705
Common Equity Tier One Capital to be Well Capitalized to Risk Weighted Assets	6.50%	6.50%
Tier One Leverage Capital	$ 147,816	$ 140,319
Tier One Leverage Capital to Average Assets	0.1034	0.1029
Tier One Leverage Capital Required for Capital Adequacy	$ 57,191	$ 54,551
Tier One Leverage Capital Required for Capital Adequacy to Average Assets	0.0400	0.0400
Tier One Leverage Capital Required to be Well Capitalized	$ 71,489	$ 68,189
Tier One Leverage Capital Required to be Well Capitalized to Average Assets	0.0500	0.0500
Regulatory Assets [Line Items]
Conservation Buffer	7.48%
Minimum [Member]
Regulatory Assets [Line Items]
Conservation Buffer	2.50%

Commitments and Contingencies (

Commitments and Contingencies (Details) - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Commitments and Contingencies Disclosure [Abstract]
Committment to extend credit	$ 77.4	$ 100.6

Parent Company Only Financial_3

Parent Company Only Financial Statements Condensed Parent Company Only Balance Sheet (Details) - USD ($) $ in Thousands	Dec. 31, 2021	Dec. 31, 2020	Dec. 31, 2019
Condensed Financial Statements, Captions [Line Items]
Cash and cash equivalents	$ 7,246	$ 7,995
Interest-earning deposits with banks	66,145	72,494
Deferred tax assets, net	850	1,641
Total assets	1,426,329	1,387,669
Other liabilities	9,150	11,242
Total liabilities	1,268,450	1,231,367
Total stockholders’ equity	157,879	156,302	$ 156,319
Total liabilities and stockholders’ equity	1,426,329	1,387,669
Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Cash and cash equivalents	74	82
Interest-earning deposits with banks	6,887	14,346
Investment in subsidiaries	150,822	141,376
Receivable from subsidiaries	363	689
Deferred tax assets, net	2	2
Other assets	25	28
Total assets	158,173	156,523
Payable to subsidiaries	170	64
Other liabilities	124	157
Total liabilities	294	221
Total stockholders’ equity	157,879	156,302
Total liabilities and stockholders’ equity	$ 158,173	$ 156,523

Parent Company Only Financial_4

Parent Company Only Financial Statements Condensed Parent Company Only Income Statement (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Condensed Financial Statements, Captions [Line Items]
Interest-bearing deposits with banks	$ 72	$ 52
Total interest income	53,798	56,114
Total interest expense	8,819	15,645
Federal income tax provision	2,925	1,942
Net income	12,249	8,556
Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Interest-bearing deposits with banks	15	56
Total interest income	15	56
Total interest expense	1,721	1,648
Total operating expenses	1,721	1,648
Loss before benefit for federal income taxes and equity in undistributed earnings of subsidiaries	(1,706)	(1,592)
Federal income tax provision	(376)	(360)
Loss before equity in undistributed loss of subsidiaries	(1,330)	(1,232)
Equity in undistributed earnings of subsidiaries	13,579	9,788
Net income	$ 12,249	$ 8,556

Parent Company Only Financial_5

Parent Company Only Financial Statements Condensed Parent Company Only Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Condensed Financial Statements, Captions [Line Items]
Net income	$ 12,249	$ 8,556
ESOP, stock options, and restricted stock compensation	708	427
Change in deferred tax liability, net	235	5
Change in other assets	(354)	291
Changes in other liabilities	743	(430)
Net cash provided by operating activities	18,438	11,974
Net cash (used by) provided by investing activities	(49,209)	12,779
Proceeds from stock options exercises	344	0
Net share settlement of stock awards	(38)	(73)
Repurchase and retirement of common stock	(11,384)	(5,706)
Dividends paid	(4,090)	(3,874)
Net cash provided by financing activities	23,673	32,746
Net (decrease) increase in cash and cash equivalents	(7,098)	57,499
Cash and cash equivalents at beginning of year	80,489	22,990
Cash and cash equivalents at end of year	73,391	80,489
Parent Company [Member]
Condensed Financial Statements, Captions [Line Items]
Net income	12,249	8,556
Equity in undistributed earnings of subsidiaries	(13,579)	(9,788)
Dividends received from subsidiary	6,708	4,888
ESOP, stock options, and restricted stock compensation	25	24
Change in deferred tax liability, net	0	(4)
Change in receivables from subsidiaries	(37)	9
Change in payables to subsidiaries	106	(64)
Change in other assets	3	18
Changes in other liabilities	(33)	(28)
Net cash provided by operating activities	5,442	3,611
ESOP loan repayment	1,492	1,421
Net cash (used by) provided by investing activities	1,492	1,421
Proceeds from stock options exercises	344	0
Proceeds for vested awards	767	358
Net share settlement of stock awards	(38)	(73)
Repurchase and retirement of common stock	(11,384)	(5,706)
Dividends paid	(4,090)	(3,874)
Net cash provided by financing activities	(14,401)	(9,295)
Net (decrease) increase in cash and cash equivalents	(7,467)	(4,263)
Cash and cash equivalents at beginning of year	14,428	18,691
Cash and cash equivalents at end of year	$ 6,961	$ 14,428

Earnings Per Share_ Schedule _2

Earnings Per Share: Schedule of Earnings Per Share Reconciliation (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Earnings Per Share [Abstract]
Net income	$ 12,249	$ 8,556
Undistributed Earnings (Loss) Allocated to Participating Securities, Basic	(58)	(14)
Earnings allocated to common shareholders	$ 12,191	$ 8,542
Basic weighted-average common shares outstanding	9,340,997	9,734,493
Dilutive effect of stock options	95,584	20,460
Dilutive effect of restricted stock grants	17,914	3,691
Diluted weighted-average common shares outstanding	9,454,495	9,758,644
Basic earnings (loss) per share (usd per share)	$ 1.31	$ 0.88
Diluted earnings (loss) per share (usd per share)	$ 1.29	$ 0.88

Earnings Per Share (Details)

Earnings Per Share (Details) - shares	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share	0	203,000

Revenue Recognition (Details)

Revenue Recognition (Details) - USD ($)	12 Months Ended
	Dec. 31, 2021	Dec. 31, 2020
Disaggregation of Revenue [Line Items]
Contract with Customer, Liability	$ 0
Gain (Loss) on Sale of Investments	32,000	$ 86,000
Revenue from Contract with Customer, Excluding Assessed Tax	3,862,000	4,442,000
Revenue, Remaining Performance Obligation, Amount	0
BOLI [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,107,000	982,000
Wealth Management Revenue [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	494,000	663,000
Other Deposit Related Fees [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	289,000	277,000
Debit Card and ATM Fees [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	583,000	478,000
Other Loan Related Fees [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	1,265,000	1,517,000
Loan Interest Swap Fees [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	0	430,000
Other Noninterest Income [Member]
Disaggregation of Revenue [Line Items]
Revenue from Contract with Customer, Excluding Assessed Tax	$ 92,000	$ 9,000

Subsequent Events (Details)

Subsequent Events (Details) - Subsequent Event [Member] - $ / shares	2 Months Ended	6 Months Ended
	Feb. 15, 2022	Feb. 15, 2022	Feb. 11, 2022
Subsequent Event [Line Items]
Stock Repurchase Program, Number of Shares Authorized to be Repurchased			455,000
Stock Repurchased During Period, Shares	23,068	459,732
Stock Repurchased During Period, Average Price Per Share	$ 17	$ 16.83