First Financial Northwest (FFNW) 10-Q 10 Nov 22 2022 Q3 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	9 Months Ended
	Sep. 30, 2022	Nov. 08, 2022
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Sep. 30, 2022
Document Transition Report	false
Entity File Number	001-33652
Entity Registrant Name	FIRST FINANCIAL NORTHWEST, INC.
Entity Incorporation, State or Country Code	WA
Entity Tax Identification Number	26-0610707
Entity Address, Address Line One	201 Wells Avenue South
Entity Address, City or Town	Renton
Entity Address, State or Province	WA
Entity Address, Postal Zip Code	98057
City Area Code	(425)
Local Phone Number	255-4400
Title of 12(b) Security	Common Stock, $0.01 par value per share
Trading Symbol	FFNW
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		9,127,595
Document Fiscal Period Focus	Q3
Document Fiscal Year Focus	2022
Current Fiscal Year End Date	--12-31
Entity Central Index Key	0001401564
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Assets
Cash on hand and in banks	$ 9,684	$ 7,246
Interest-earning deposits with banks	15,227	66,145
Investments available-for-sale, at fair value	221,278	168,948
Investments held-to-maturity, at amortized cost	2,438	2,432
Loans receivable, net of allowance of $14,726, and $15,657	1,143,348	1,103,461
Federal Home Loan Bank ("FHLB") stock, at cost	7,712	5,465
Accrued interest receivable	6,261	5,285
Deferred tax assets, net	2,355	850
Premises and equipment, net	21,608	22,440
Bank owned life insurance ("BOLI"), net	36,064	35,210
Prepaid expenses and other assets	13,605	3,628
Right of use asset (“ROU”), net	3,260	3,646
Goodwill	889	889
Core deposit intangible, net	582	684
Total assets	1,484,311	1,426,329
Liabilities and Stockholders' Equity
Noninterest-bearing deposits	118,842	117,751
Interest-bearing deposits	1,030,594	1,039,723
Total deposits	1,149,436	1,157,474
FHLB advances	150,000	95,000
Advance payments from borrowers for taxes and insurance	5,033	2,909
Lease liability, net	3,441	3,805
Accrued interest payable	185	112
Other liabilities	18,326	9,150
Total liabilities	1,326,421	1,268,450
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 9,127,595 shares at September 30, 2022, and 9,125,759 shares at December 31, 2021	91	91
Additional paid-in capital	72,295	72,298
Retained earnings	92,928	86,162
Accumulated other comprehensive (loss) income, net of tax	(7,424)	174
Unearned Employee Stock Ownership Plan ("ESOP") shares	0	(846)
Total stockholders' equity	157,890	157,879
Total liabilities and stockholders' equity	$ 1,484,311	$ 1,426,329

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Statement of Financial Position [Abstract]
Loans receivable, allowance	$ 14,726	$ 15,657
Preferred stock par value per share (in usd per share)	$ 0.01	$ 0.01
Preferred stock shares authorized (in shares)	10,000,000	10,000,000
Preferred stock shares outstanding (in shares)	0	0
Preferred stock shares issued (in shares)	0	0
Common stock shares authorized (in shares)	90,000,000	90,000,000
Common stock par value per share (in usd per share)	$ 0.01	$ 0.01
Common stock shares issued (in shares)	9,127,595	9,125,759
Common stock shares outstanding (in shares)	9,127,595	9,125,759

Consolidated Income Statements

Consolidated Income Statements - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Interest income
Loans, including fees	$ 13,618	$ 12,508	$ 37,893	$ 37,772
Investment securities	1,609	818	3,595	2,420
Interest-earning deposits with banks	125	24	181	53
Dividends on FHLB stock	83	84	228	247
Total interest income	15,435	13,434	41,897	40,492
Interest expense
Deposits	2,326	1,612	4,982	5,826
FHLB advances and other borrowings	392	431	1,006	1,263
Total interest expense	2,718	2,043	5,988	7,089
Net interest income	12,717	11,391	35,909	33,403
Recapture of provision for loan losses	(400)	100	(900)	(300)
Net interest income after (recapture of provision) provision for loan losses	13,117	11,291	36,809	33,703
Noninterest income
BOLI income	243	377	782	891
Wealth management revenue, net	89	64	276	391
Deposit related fees	245	228	705	654
Loan related fees	195	300	748	714
Other	6	30	17	86
Total noninterest income	778	999	2,528	2,736
Noninterest expense
Salaries and employee benefits	5,417	4,856	16,156	14,863
Occupancy and equipment	1,188	1,116	3,621	3,403
Professional fees	549	502	1,732	1,423
Data processing	675	626	2,044	2,003
Regulatory assessments	105	121	295	356
Insurance and bond premiums	112	106	354	341
Marketing	92	64	226	116
Other general and administrative	876	942	2,497	2,146
Total noninterest expense	9,014	8,333	26,925	24,651
Income before federal income tax provision	4,881	3,957	12,412	11,788
Federal income tax provision	935	758	2,398	2,281
Net income	$ 3,946	$ 3,199	$ 10,014	$ 9,507
Earnings per common share
Basic earnings per share (in dollars per share)	$ 0.44	$ 0.34	$ 1.11	$ 1.01
Diluted earnings per share (in dollars per share)	$ 0.43	$ 0.34	$ 1.10	$ 0.99
Weighted average number of common shares outstanding
Basic shares outstanding (in shares)	8,981,037	9,314,456	8,983,806	9,412,196
Diluted shares outstanding (in shares)	9,068,541	9,446,702	9,088,206	9,514,165

Consolidated Statements of Comp

Consolidated Statements of Comprehensive (Loss) Income - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 3,946	$ 3,199	$ 10,014	$ 9,507
Other comprehensive (loss) income, before tax:
Unrealized holding losses on investments available-for-sale	(6,486)	(761)	(19,187)	(1,192)
Tax effect	1,362	160	4,029	251
Gains on cash flow hedges	3,182	553	9,569	3,337
Tax effect	(668)	(116)	(2,009)	(701)
Other comprehensive (loss) income, net of tax	(2,610)	(164)	(7,598)	1,695
Total comprehensive income	$ 1,336	$ 3,035	$ 2,416	$ 11,202

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive Loss, net of tax	Unearned ESOP Shares
Balances at beginning of period (in shares) at Dec. 31, 2020	9,736,875
Balances at beginning of period at Dec. 31, 2020	$ 156,302	$ 97	$ 82,095	$ 78,003	$ (1,918)	$ (1,975)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	9,507			9,507
Other comprehensive income (loss), net of tax	$ 1,695				1,695
Exercise of stock options (in shares)	6,000
Exercise of stock options	$ 64		64
Issuance of common stock - restricted stock awards, net (in shares)	55,673
Issuance of common stock - restricted stock awards, net	$ (38)	1	(39)
Compensation related to stock options and restricted stock awards	558		558
Allocation of ESOP shares	$ 1,227		381			846
Repurchase and retirement of common stock (in shares)	(312,628)
Repurchase and retirement of common stock	$ (4,751)	(3)	(4,748)
Canceled common stock - restricted stock awards (in shares)	(2,839)
Canceled common stock - restricted stock awards	$ 0		0
Cash dividend declared and paid	$ (3,108)			(3,108)
Balances at end of period (in shares) at Sep. 30, 2021	9,483,081
Balances at end of period at Sep. 30, 2021	$ 161,456	95	78,311	84,402	(223)	(1,129)
Balances at beginning of period (in shares) at Jun. 30, 2021	9,651,180
Balances at beginning of period at Jun. 30, 2021	$ 161,621	97	80,770	82,224	(59)	(1,411)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	3,199			3,199
Other comprehensive income (loss), net of tax	$ (164)				(164)
Exercise of stock options (in shares)	2,000
Exercise of stock options	$ 22		22
Issuance of common stock - restricted stock awards, net (in shares)	10,080
Issuance of common stock - restricted stock awards, net	$ 0	0
Compensation related to stock options and restricted stock awards	315		315
Allocation of ESOP shares	$ 453		171			282
Repurchase and retirement of common stock (in shares)	(180,179)
Repurchase and retirement of common stock	$ (2,969)	(2)	(2,967)
Cash dividend declared and paid	$ (1,021)			(1,021)
Balances at end of period (in shares) at Sep. 30, 2021	9,483,081
Balances at end of period at Sep. 30, 2021	$ 161,456	95	78,311	84,402	(223)	(1,129)
Balances at beginning of period (in shares) at Dec. 31, 2021	9,125,759
Balances at beginning of period at Dec. 31, 2021	$ 157,879	91	72,298	86,162	174	(846)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	10,014			10,014
Other comprehensive income (loss), net of tax	$ (7,598)				(7,598)
Exercise of stock options (in shares)	54,481
Exercise of stock options	$ 454	(1)	455
Issuance of common stock - restricted stock awards, net (in shares)	45,544
Issuance of common stock - restricted stock awards, net	$ 0
Compensation related to stock options and restricted stock awards	641		641
Allocation of ESOP shares	$ 1,372		526			846
Repurchase and retirement of common stock (in shares)	(84,981)
Repurchase and retirement of common stock	$ (1,398)	1	(1,399)
Canceled common stock - restricted stock awards (in shares)	(13,208)
Canceled common stock - restricted stock awards	$ (226)		(226)
Cash dividend declared and paid	$ (3,248)			(3,248)
Balances at end of period (in shares) at Sep. 30, 2022	9,127,595
Balances at end of period at Sep. 30, 2022	$ 157,890	91	72,295	92,928	(7,424)	0
Balances at beginning of period (in shares) at Jun. 30, 2022	9,091,533
Balances at beginning of period at Jun. 30, 2022	$ 156,896	91	71,835	90,066	(4,814)	(282)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	3,946			3,946
Other comprehensive income (loss), net of tax	$ (2,610)				(2,610)
Exercise of stock options (in shares)	50,000
Exercise of stock options	$ 407		407
Issuance of common stock - restricted stock awards, net (in shares)	13,332
Issuance of common stock - restricted stock awards, net	$ 0
Compensation related to stock options and restricted stock awards	327		327
Allocation of ESOP shares	$ 430		148			282
Repurchase and retirement of common stock (in shares)	(27,270)
Repurchase and retirement of common stock	$ (422)	0	(422)
Cash dividend declared and paid	$ (1,084)			(1,084)
Balances at end of period (in shares) at Sep. 30, 2022	9,127,595
Balances at end of period at Sep. 30, 2022	$ 157,890	$ 91	$ 72,295	$ 92,928	$ (7,424)	$ 0

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Statement of Stockholders' Equity [Abstract]
Allocated shares (in shares)	28,214	28,213	84,640	84,639
Dividends (usd per share)	$ 0.12	$ 0.11	$ 0.36	$ 0.33

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Cash flows from operating activities:
Net income	$ 10,014	$ 9,507
Adjustments to reconcile net income to net cash provided by operating activities:
(Recapture of provision) provision for loan losses	(900)	(300)
Gains (losses) on sales of other real estate	0	207
Net amortization of premiums and discounts on investments	593	807
Depreciation of premises and equipment	1,642	1,607
Loss on disposal of premises and equipment	0	1
Deferred federal income taxes	515	445
Allocation of ESOP shares	1,372	1,227
Stock compensation expense	641	558
BOLI income	(782)	(891)
Annuity income	(6)	(20)
Changes in operating assets and liabilities:
Increase in prepaid expenses and other assets	(306)	(715)
Decrease in ROU	542	567
Increase in advance payments from borrowers for taxes and insurance	2,124	2,577
Increase in accrued interest receivable	(976)	(173)
Decrease in lease liability	(520)	(547)
Increase (decrease) in accrued interest payable	73	(5)
Increase (decrease) in other liabilities	9,176	(669)
Net cash provided by operating activities	23,202	14,183
Cash flows from investing activities:
Proceeds from sales of OREO properties	0	247
Proceeds from calls and maturities of investments available-for-sale	3,781	10,000
Principal repayments on investments available-for-sale	13,796	13,621
Purchases of investments available-for-sale	(89,687)	(76,130)
Net increase in loans receivable	(38,987)	(787)
Purchase of FHLB stock	(2,247)	(55)
Purchase of premises and equipment	(810)	(1,657)
Proceeds from BOLI death benefit settlement	0	1,086
Purchase of BOLI	(72)	(2,155)
Net cash used by investing activities	(114,226)	(55,830)
Cash flows from financing activities:
Net (decrease) increase in deposits	(8,038)	48,103
Advances from the FHLB	105,000	0
Repayments of advances from the FHLB	(50,000)	0
Proceeds from stock options exercises	454	64
Net share settlement of stock awards	(226)	(38)
Repurchase and retirement of common stock	(1,398)	(4,751)
Dividends paid	(3,248)	(3,108)
Net cash provided by financing activities	42,544	40,270
Cash and cash equivalents:
Net decrease in cash and cash equivalents	(48,480)	(1,377)
Cash and cash equivalents at beginning of period	73,391	80,489
Cash and cash equivalents at end of period	24,911	79,112
Cash paid during the period for:
Interest paid	5,915	7,094
Federal income taxes paid	2,000	2,445
Noncash items:
Change in unrealized loss on investments available-for-sale	(19,187)	(1,192)
Change in unrealized gain on cash flow hedge	9,569	3,337
Initial recognition of ROU	156	758
Initial recognition of lease liability	$ 156	$ 758

Description of Business

Description of Business	9 Months Ended
	Sep. 30, 2022
Accounting Policies [Abstract]
Description of Business	Description of Business First Financial Northwest, Inc. (“First Financial Northwest”), a Washington corporation, was formed on June 1, 2007 for the purpose of becoming the holding company for First Financial Northwest Bank (the “Bank”) in connection with the conversion from a mutual holding company structure to a stock holding company structure completed on October 9, 2007. First Financial Northwest’s business activities generally are limited to passive investment activities and oversight of its investment in First Financial Northwest Bank. Accordingly, the information presented in the consolidated financial statements and accompanying data, relates primarily to First Financial Northwest Bank. First Financial Northwest is a bank holding company, having converted from a savings and loan holding company on March 31, 2015, and as a bank holding company is subject to regulation by the Federal Reserve Bank of San Francisco. First Financial Northwest Bank is regulated by the Federal Deposit Insurance Corporation (“FDIC”) and the Washington State Department of Financial Institutions (“DFI”). At September 30, 2022, First Financial Northwest Bank operated in fifteen locations in Washington with the headquarters and seven retail branch locations in King County, five retail branch locations in Snohomish County and two retail branches in Pierce County. The Bank’s primary market area consists of King, Snohomish, Pierce and Kitsap counties, Washington. The Bank is a portfolio lender, originating and purchasing one-to-four family residential, multifamily, commercial real estate, construction/land development, business, and consumer loans. Loans are primarily funded by deposits from the general public, supplemented by borrowings from the FHLB and deposits raised in the national brokered deposit market. As used throughout this report, the terms “we,” “our,” “us,” or the “Company” refer to First Financial Northwest, Inc. and its consolidated subsidiary First Financial Northwest Bank, unless the context otherwise requires.

Basis of Presentation

Basis of Presentation	9 Months Ended
	Sep. 30, 2022
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited interim consolidated financial statements have been prepared pursuant to the rules and regulations of the U.S. Securities and Exchange Commission ("SEC"). Accordingly, they do not include all of the information and footnotes required by U.S. Generally Accepted Accounting Principles (“GAAP”) for complete financial statements. These unaudited interim consolidated financial statements should be read in conjunction with the Company's Annual Report on Form 10-K for the year ended December 31, 2021, as filed with the SEC (“2021 Form 10-K”). In our opinion, all adjustments (consisting only of normal recurring adjustments) considered necessary for a fair presentation of the unaudited interim consolidated financial statements in accordance with GAAP have been included. All significant intercompany balances and transactions between the Company and its subsidiaries have been eliminated in consolidation. Operating results for the nine months ended September 30, 2022, are not necessarily indicative of the results that may be expected for the year ending December 31, 2022. In preparing the unaudited consolidated financial statements, we are required to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues and expenses. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change relate to the allowance for loan and lease losses (“ALLL”), the valuation of other real estate owned (“OREO”) and the underlying collateral of impaired loans, deferred tax assets, the right-of-use asset and lease liability on our operating leases, and the fair value of financial instruments. The Company’s activities are considered to be a single industry segment for financial reporting purposes. The Company is engaged in the business of attracting deposits from the general public and originating and purchasing loans for its portfolio. Substantially all income is derived from a diverse base of commercial, multifamily, and residential real estate loans, consumer lending activities, and investments. Certain amounts in the unaudited interim consolidated financial statements for prior periods have been reclassified to conform to the current unaudited financial statement presentation with no effect on consolidated net income or stockholders’ equity.

Recently Issued Accounting Pron

Recently Issued Accounting Pronouncements	9 Months Ended
	Sep. 30, 2022
Accounting Standards Update and Change in Accounting Principle [Abstract]
Recently Issued Accounting Pronouncements	Recently Issued Accounting Pronouncements Recent Accounting Pronouncements Accounting Standards Update (“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 by the Financial Accounting Standards Board (“FASB”) 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. 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. Effective January 25, 2021, the Company adhered to the Interbank Offered Rate Fallbacks Protocol (“Protocol”) as published by the International Swaps and Derivatives Association, Inc. and recommended by the Alternative Reference Rates Committee. Additionally, effective January 1, 2022, the Bank was no longer initiating or renewing loans using LIBOR as an index. As of September 30, 2022, the Company’s derivative instruments continued to use LIBOR as the basis for interest-rate swap calculations. The Company does not expect this ASU to have a material impact on its business operations and Consolidated Financial Statements. In March 2022, the FASB issued ASU 2022-02, Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures . This ASU eliminates the accounting guidance for troubled debt restructured loans (“TDRs”) by creditors while enhancing disclosure requirements for certain loan refinancings and restructurings by creditors when a borrower is experiencing financial difficulty. Additionally, the ASU requires public business entities to disclose current-period gross write offs by year of origination for financing receivables and net investments in leases. This ASU is effective upon adoption of ASU 2016-13.

Investments

Investments	9 Months Ended
	Sep. 30, 2022
Investments [Abstract]
Investments	Investments Investments available-for-sale are summarized as follows at the dates indicated: September 30, 2022 Amortized Gross Gross Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 13,158 $ — $ (1,928) $ 11,230 Freddie Mac 13,753 — (1,806) 11,947 Ginnie Mae 29,843 — (1,660) 28,183 Other 35,051 — (1,735) 33,316 Municipal bonds 37,065 — (7,272) 29,793 U.S. Government agencies 78,400 10 (2,175) 76,235 Corporate bonds 32,998 — (2,424) 30,574 Total $ 240,268 $ 10 $ (19,000) $ 221,278 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 Total $ 168,751 $ 1,656 $ (1,459) $ 168,948 There were no holdings of investment securities of any one issuer, other than the U.S. Government and its agencies, in an amount greater than 10% of stockholders’ equity at September 30, 2022 and December 31, 2021. The tables below summarize the aggregate fair value and gross unrealized loss by length of time those investment securities have been continuously in an unrealized loss position at the dates indicated: September 30, 2022 Less Than 12 Months 12 Months or Longer Total Fair Value Gross Unrealized Fair Value Gross Unrealized Fair Value Gross Unrealized (In thousands) Mortgage-backed investments: Fannie Mae $ 8,045 $ (1,091) $ 3,177 $ (837) $ 11,222 $ (1,928) Freddie Mac 4,701 (272) 6,508 (1,534) 11,209 (1,806) Ginnie Mae 17,141 (804) 11,042 (856) 28,183 (1,660) Other 26,398 (1,504) 4,007 (231) 30,405 (1,735) Municipal bonds 15,740 (2,803) 14,053 (4,469) 29,793 (7,272) U.S. Government agencies 54,528 (1,732) 21,003 (443) 75,531 (2,175) Corporate bonds 25,861 (2,138) 4,713 (286) 30,574 (2,424) Total $ 152,414 $ (10,344) $ 64,503 $ (8,656) $ 216,917 $ (19,000) December 31, 2021 Less Than 12 Months 12 Months or Longer Total Fair Value Gross Unrealized Fair Value Gross Unrealized Fair Value Gross Unrealized (In thousands) Mortgage-backed investments: Fannie Mae $ 6,279 $ (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) Total $ 64,255 $ (841) $ 29,764 $ (618) $ 94,019 $ (1,459) On a quarterly basis, management makes an assessment to determine whether there have been any events or economic circumstances to indicate that a security on which there is an unrealized loss is impaired on an other-than-temporary basis. The Company considers many factors including the severity and duration of the impairment, recent events specific to the issuer or industry, and for debt securities, external credit ratings and recent downgrades. Securities on which there is an unrealized loss that is deemed to be an other-than-temporary impairment (“OTTI”) are written down to fair value. If the Company intends to sell a debt security, or it is likely that the Company will be required to sell the debt security before recovering its cost basis, the entire impairment loss would be recognized in earnings as an OTTI. If the Company does not intend to sell the debt security and it is not likely that it will be required to sell the debt security but does not expect to recover the entire amortized cost basis of the debt security, only the portion of the impairment loss representing credit losses would be recognized in earnings. The credit loss on a debt security is measured as the difference between the amortized cost basis and the present value of the cash flows expected to be collected. Projected cash flows are discounted by the original or current effective interest rate depending on the nature of the debt security being measured for potential OTTI. The remaining impairment related to all other factors, the difference between the present value of the cash flows expected to be collected and fair value, is recognized as a charge to other comprehensive income (“OCI”). The Company had 131 securities and 51 securities in an unrealized loss position, with 38 and 14 of these securities in an unrealized loss position for 12 months or more, at September 30, 2022, and December 31, 2021, respectively. Management does not believe that any individual unrealized loss as of September 30, 2022, or December 31, 2021, represented OTTI. The decline in fair market value of these securities was generally due to changes in interest rates and changes in market-desired spreads subsequent to their purchase. Management also reviewed the financial condition of the entities issuing municipal or corporate bonds at September 30, 2022, and December 31, 2021, and determined that an OTTI charge was not warranted. The amortized cost and estimated fair value of investments available-for-sale at September 30, 2022, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Investments not due at a single maturity date, primarily mortgage-backed investments, are shown separately. September 30, 2022 Amortized Cost Fair Value (In thousands) Due within one year $ 5,998 $ 5,927 Due after one year through five years 44,023 42,702 Due after five years through ten years 28,857 26,173 Due after ten years 69,585 61,800 148,463 136,602 Mortgage-backed investments 91,805 84,676 Total $ 240,268 $ 221,278 Under Washington state law, in order to participate in the public funds program the Company is required to pledge eligible securities as collateral in an amount equal to 50% of the public deposits held less the FDIC insured amount. Investment securities with market values of $21.3 million and $23.1 million were pledged as collateral for public deposits at September 30, 2022, and December 31, 2021, respectively, both of which exceeded the collateral requirements established by the Washington Public Deposit Protection Commission. For the three and nine months ended September 30, 2022, there were $399,000 and $3.8 million, respectively, in calls and maturities on investment securities with no gain or loss generated. For the three months ended September 30, 2021, there were no calls or maturities of investment securities. For the nine months ended September 30, 2021, there were $10.0 million in calls and maturities on investment securities with no gain or loss generated. There were no sales of investment securities during the three and nine months ended September 30, 2022 and 2021. In January 2020, the Bank purchased three annuity contracts, totaling $2.4 million, to be held long-term to satisfy the benefit obligation associated with certain supplemental executive retirement plan agreements. At September 30, 2022, the annuities were reported as investments held-to-maturity at an amortized cost of $2.4 million on the Company’s Consolidated Balance Sheets. The amortized cost is considered the fair value of the investment.

Loans Receivable

Loans Receivable	9 Months Ended
	Sep. 30, 2022
Receivables [Abstract]
Loans Receivable	Loans Receivable Loans receivable are disclosed net of loans in process (“LIP”) and are summarized as follows at the dates indicated: September 30, 2022 December 31, 2021 (In thousands) One-to-four family residential: Permanent owner occupied $ 221,212 $ 185,320 Permanent non-owner occupied 228,223 199,796 449,435 385,116 Multifamily 132,755 130,146 Commercial real estate 413,486 419,417 Construction/land: One-to-four family residential 41,606 34,677 Multifamily 15,500 37,194 Commercial — 6,189 Land 15,518 15,395 72,624 93,455 Business 32,054 46,590 Consumer 57,619 44,812 Total loans 1,157,973 1,119,536 Less: Deferred loan (costs) fees, net (101) 418 ALLL 14,726 15,657 Loans receivable, net $ 1,143,348 $ 1,103,461 At September 30, 2022, loans totaling $558.3 million were pledged to secure borrowings from the FHLB compared to $561.4 million at December 31, 2021. In addition, loans totaling $93.7 million and $120.0 million were pledged to the Federal Reserve Bank of San Francisco to secure a line of credit at September 30, 2022 and December 31, 2021, respectively. Credit Quality Indicators . The Company assigns a risk rating to all credit exposures based on a risk rating system designed to define the basic characteristics and identified risk elements of each credit extension. The Company utilizes a nine point risk rating system. A description of the general characteristics of the risk grades is as follows: • Grades 1 through 5: These grades are considered to be “pass” credits. These include assets where there is virtually no credit risk, such as cash secured loans with funds on deposit with the Bank. Pass credits also include credits that are on the Company’s watch list (grade 5), where the borrower exhibits potential weaknesses, which may, if not checked or corrected, negatively affect the borrower’s financial capacity and threaten their ability to fulfill debt obligations in the future. • Grade 6: These credits, classified as “special mention”, possess weaknesses that deserve management’s close attention. Special mention assets do not expose the Company to sufficient risk to warrant adverse classification in the substandard, doubtful or loss categories. If left uncorrected, these potential weaknesses may result in deterioration in the Company’s credit position at a future date.Grade 7: These credits, classified as “substandard”, present a distinct possibility that the Company will sustain some loss if the deficiencies are not corrected. These credits have well defined weaknesses which jeopardize the orderly liquidation of the debt and are inadequately protected by the current net worth and payment capacity of the borrower or of any collateral pledged. • Grade 8: These credits are classified as “doubtful” and possess well defined weaknesses which make the full collection or liquidation of the loan highly questionable and improbable. This classification is used where significant risk exposures are perceived but the exact amount of the loss cannot yet be determined due to pending events. • Grade 9: Assets classified as “loss” are considered uncollectible and cannot be justified as a viable asset for the Company. There is little or no prospect of near term recovery and no realistic strengthening action of significance is pending. The grades for watch and special mention loans are used by the Company to identify and track potential problem loans which do not rise to the levels described for substandard, doubtful, or loss. These are loans which have been criticized based upon known characteristics such as periodic payment delinquency, failure to comply with contractual terms of the loan or stale financial information from the borrower and/or guarantors. Loans identified as criticized (watch and special mention) or classified (substandard, doubtful or loss) are subject to problem loan reporting every three months. As of September 30, 2022, and December 31, 2021, the Company had no loans rated as doubtful or loss. The following tables represent a summary of loans at September 30, 2022, and December 31, 2021 by type and risk category: September 30, 2022 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Risk Rating: Pass, grade 1-4 $ 446,999 $ 128,813 $ 348,049 $ 72,624 $ 32,054 $ 57,083 $ 1,085,622 Pass, grade 5 (watch) 1,669 2,300 14,947 — — 135 19,051 Special mention 728 — 4,677 — — 208 5,613 Substandard 39 1,642 45,813 — — 193 47,687 Total loans $ 449,435 $ 132,755 $ 413,486 $ 72,624 $ 32,054 $ 57,619 $ 1,157,973 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 (watch) 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 loans $ 385,116 $ 130,146 $ 419,417 $ 93,455 $ 46,590 $ 44,812 $ 1,119,536 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 allowance in an amount deemed prudent to address the risk specifically. General allowances represent loss allowances which have been established to recognize the inherent risk associated with lending activities, but which, unlike specific allowances, have not been specifically allocated to the particular problem assets. When an insured institution classifies problem assets as a loss, pursuant to Federal regulations, it is required to charge-off such assets in the period in which they are deemed uncollectible. The determination as to the classification of the Company’s assets and the amount of valuation allowances is subject to review by bank regulators, who can require the establishment of additional allowances for loan losses. At September 30, 2022, total loans receivable included $1.2 million of loans originated under the Small Business Administration (“SBA”) Paycheck Protection Program (“PPP”) as compared to $22.4 million at September 30, 2021. Although these loans were included in the population of loans collectively evaluated for impairment, no general allowance was allocated to them as these loans are 100% guaranteed by the SBA. The following tables summarize changes in the ALLL and loan portfolio by loan type and impairment method at the dates and for the periods shown: At or For the Three Months Ended September 30, 2022 One-to-Four Multifamily Commercial Real Estate Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,692 $ 1,296 $ 6,187 $ 1,357 $ 998 $ 1,595 $ 15,125 Recoveries 1 — — — — — 1 Provision (recapture) 109 (30) (789) 176 (41) 175 (400) Ending balance $ 3,802 $ 1,266 $ 5,398 $ 1,533 $ 957 $ 1,770 $ 14,726 At or For the Nine Months Ended September 30, 2022 One-to-Four Multifamily Commercial Real Estate Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,214 $ 1,279 $ 6,615 $ 2,064 $ 1,112 $ 1,373 $ 15,657 Charge-offs — — — — — (37) (37) Recoveries 6 — — — — — 6 Provision (recapture) 582 (13) (1,217) (531) (155) 434 (900) Ending balance $ 3,802 $ 1,266 $ 5,398 $ 1,533 $ 957 $ 1,770 $ 14,726 ALLL by category: General allowance $ 3,787 $ 1,266 $ 5,398 $ 1,533 $ 957 $ 1,770 $ 14,711 Specific allowance 15 — — — — — 15 Loans: Total loans $ 449,435 $ 132,755 $ 413,486 $ 72,624 $ 32,054 $ 57,619 $ 1,157,973 Loans collectively evaluated for impairment 447,571 131,113 367,673 72,624 32,054 57,619 1,108,654 Loans individually evaluated for impairment 1,864 1,642 45,813 — — — 49,319 At or For the Three Months Ended September 30, 2021 One-to-Four Multifamily Commercial Real Estate Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 2,992 $ 1,377 $ 5,914 $ 2,385 $ 1,133 $ 1,077 $ 14,878 Recoveries 79 — — — — — 79 Provision (Recapture) 99 9 127 (128) (135) 128 100 Ending balance $ 3,170 $ 1,386 $ 6,041 $ 2,257 $ 998 $ 1,205 $ 15,057 At or For the Nine Months Ended September 30, 2021 One-to-Four Multifamily Commercial Real Estate Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,181 $ 1,366 $ 6,127 $ 2,189 $ 1,242 $ 1,069 $ 15,174 Recoveries 183 — — — — — 183 (Recapture) provision (194) 20 (86) 68 (244) 136 (300) Ending balance $ 3,170 $ 1,386 $ 6,041 $ 2,257 $ 998 $ 1,205 $ 15,057 ALLL by category: General allowance $ 3,148 $ 1,386 $ 6,041 $ 2,257 $ 998 $ 1,205 $ 15,035 Specific allowance 22 — — — — — 22 Loans: Total loans $ 382,676 $ 143,806 $ 392,356 $ 101,288 $ 54,748 $ 42,484 $ 1,117,358 Loans collectively evaluated for impairment 380,268 143,806 366,640 101,288 54,748 42,484 1,089,234 Loans individually evaluated for impairment 2,408 — 25,716 — — — 28,124 Past Due Loans. Loans are considered past due if a scheduled principal or interest payment is due and unpaid for 30 days or more. At September 30, 2022, loans past due were $406,000, representing 0.04% of total loans receivable. At December 31, 2021, loans past due totaled $255,000, representing 0.02% of total loans receivable. The following tables represent a summary of the aging of loans by type at the dates indicated: Loans Past Due as of September 30, 2022 30-59 Days 60-89 Days 90 Days and Total Past Current Total (1) (In thousands) Real estate: One-to-four family residential: Owner occupied $ 44 $ — $ 39 $ 83 $ 221,129 $ 221,212 Non-owner occupied — — — 228,223 228,223 Multifamily — — — — 132,755 132,755 Commercial real estate — — — — 413,486 413,486 Construction/land — — — 72,624 72,624 Total real estate 44 — 39 83 1,068,217 1,068,300 Business — — — — 32,054 32,054 Consumer 130 — 193 323 57,296 57,619 Total loans $ 174 $ — $ 232 $ 406 $ 1,157,567 $ 1,157,973 ________________ (1) There were no loans 90 days and greater past due and still accruing interest at September 30, 2022. Loans Past Due as of December 31, 2021 30-59 Days 60-89 Days 90 Days and Total Past Current Total (1) (In thousands) Real estate: One-to-four family residential: Owner occupied $ — $ — $ — $ — $ 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 loans $ 255 $ — $ — $ 255 $ 1,119,281 $ 1,119,536 _________________ (1) There were no loans 90 days and greater past due and still accruing interest at December 31, 2021. Nonperforming Loans. When a loan becomes 90 days past due, the Bank generally places the loan on nonaccrual status. Loans may be placed on nonaccrual status prior to being 90 days past due if there is an identified problem that indicates the borrower is unable to meet their scheduled payment obligations. At September 30, 2022 nonaccrual loans totaled $232,000, comprised of a $193,000 consumer loan and a $39,000 one-to-four family residential loan. There were no nonaccrual loans at December 31, 2021. The following tables summarize the loan portfolio by type and payment status at the dates indicated: September 30, 2022 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Performing (1) $ 449,396 $ 132,755 $ 413,486 $ 72,624 $ 32,054 $ 57,426 $ 1,157,741 Nonperforming 39 — — — — 193 232 Total loans $ 449,435 $ 132,755 $ 413,486 $ 72,624 $ 32,054 $ 57,619 $ 1,157,973 _____________ (1) There were $221.2 million of owner-occupied one-to-four family residential loans and $228.2 million of non-owner occupied one-to-four family residential loans classified as performing. 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 loans $ 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. Impaired Loans. A loan is considered impaired when we have determined that we may be unable to collect payments of principal or interest when due under the terms of the original loan document or the borrower failing to comply with contractual terms of the loan. At September 30, 2022, and December 31, 2021, there were no commitments to advance funds related to impaired loans. The following tables present a summary of loans individually evaluated for impairment by loan type at the dates indicated: September 30, 2022 Recorded Investment (1) Unpaid Principal Balance (2) Related Allowance (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 214 $ 216 $ — Non-owner occupied 648 648 — Multifamily 1,642 1,642 — Commercial real estate 45,813 45,813 — Total 48,317 48,319 — Loans with an allowance: One-to-four family residential: Owner occupied 488 535 1 Non-owner occupied 514 514 14 Total 1,002 1,049 15 Total impaired loans: One-to-four family residential: Owner occupied 702 751 1 Non-owner occupied 1,162 1,162 14 Multifamily 1,642 1,642 — Commercial real estate 45,813 45,813 — Total $ 49,319 $ 49,368 $ 15 _________________ (1) Represents the loan balance less charge-offs. (2) Contractual loan principal balance. 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. The following table presents the average recorded investment in loans individually evaluated for impairment and the interest income recognized for the three and nine months ended September 30, 2022 and 2021: Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 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 $ 195 $ 3 $ 186 $ 10 Non-owner occupied 774 11 843 33 Multifamily 1,647 17 1,238 52 Commercial real estate 42,882 513 39,992 1,471 Total 45,498 544 42,259 1,566 Loans with an allowance: One-to-four family residential: Owner occupied 489 7 491 21 Non-owner occupied 515 9 517 27 Total 1,004 16 1,008 48 Total impaired loans: One-to-four family residential: Owner occupied 684 10 677 31 Non-owner occupied 1,289 20 1,360 60 Multifamily 1,647 17 1,238 52 Commercial real estate 42,882 513 39,992 1,471 Total $ 46,502 $ 560 $ 43,267 $ 1,614 Three Months Ended September 30, 2021 Nine Months Ended September 30, 2021 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 181 $ 3 $ 227 $ 9 Non-owner occupied 926 16 955 47 Multifamily — — 1,035 — Commercial real estate 26,356 192 21,485 662 Total 27,463 211 23,702 718 Loans with an allowance: One-to-four family residential: Owner occupied 497 7 499 24 Non-owner occupied 812 13 815 39 Total 1,309 20 1,314 63 Total impaired loans: One-to-four family residential: Owner occupied 678 10 726 33 Non-owner occupied 1,738 29 1,770 86 Multifamily — — 1,035 — Commercial real estate 26,356 192 21,485 662 Total $ 28,772 $ 231 $ 25,016 $ 781 Troubled Debt Restructurings. Certain loan modifications are accounted for as TDRs. At September 30, 2022, and December 31, 2021, TDRs totaled $1.8 million and $2.1 million, respectively. At September 30, 2022, the Company had no commitments to extend additional credit to borrowers whose loan terms have been modified as a TDR. All TDRs are also classified as impaired loans and are included in the loans individually evaluated for impairment as part of the calculation of the ALLL. No loans accounted for as TDRs were charged-off to the ALLL during the three and nine months ended September 30, 2022 and 2021. There were no TDR modifications during the nine months ended September 30, 2022. The following table presents TDR modifications during the nine months ended September 30, 2021, and the recorded investment prior to and after the modification. Nine Months Ended September 30, 2021 Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment (Dollars in thousands) One-to-four family residential Advancement of maturity date 3 1,355 1,355 Commercial real estate: Advancement of maturity date 1 $ 1,241 $ 1,241 Total 4 $ 2,596 $ 2,596

Other Real Estate Owned

Other Real Estate Owned	9 Months Ended
	Sep. 30, 2022
Other Real Estate [Abstract]
Other Real Estate Owned	Other Real Estate OwnedOREO includes properties acquired by the Company through foreclosure and deed in lieu of foreclosure. As of both September 30, 2022, and 2021, the Bank had no OREO properties.

Fair Value

Fair Value	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Fair Value	Fair Value The Company measures the fair value of financial instruments for reporting in accordance with Accounting Standards Codification (“ASC”) Topic 820, Fair Value Measurements. Fair values of assets or liabilities are based on estimates of the exit price, which is the price that would be received to sell an asset or paid to transfer a liability. When available, observable market transactions or market information is used. The fair value estimate of loans receivable was based on similar techniques, with the addition of current origination spreads, liquidity premiums, or credit adjustments. The fair value of nonperforming loans is based on the underlying value of the collateral. The Company determines the fair values of its financial instruments based on the fair value hierarchy which requires an entity to maximize the use of observable inputs and minimize the use of unobservable inputs when measuring fair values. Observable inputs reflect market data obtained from independent sources, while unobservable inputs reflect its estimate for market assumptions. Valuation inputs refer to the assumptions market participants would use in pricing a given asset or liability using one of the three valuation techniques. Inputs can be observable or unobservable. Observable inputs are those assumptions that market participants would use in pricing the particular asset or liability. These inputs are based on market data and are obtained from an independent source. Unobservable inputs are assumptions based on the Company’s own information or estimate of assumptions used by market participants in pricing the asset or liability. Unobservable inputs are based on the best and most current information available on the measurement date. All inputs, whether observable or unobservable, are ranked in accordance with a prescribed fair value hierarchy: • Level 1 - Quoted prices for identical instruments in active markets. • Level 2 - Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations whose inputs are observable. • Level 3 - Instruments whose significant value drivers are unobservable. The Company used the following methods to measure fair value on a recurring or nonrecurring basis: • Investments available-for-sale: The fair value of all investments, excluding FHLB stock, is 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: 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. The tables below present the balances of assets measured at fair value on a recurring basis (there were no transfers between Level 1, Level 2 and Level 3 recurring measurements) at September 30, 2022 and December 31, 2021: Fair Value Measurements at September 30, 2022 Fair Value Measurements Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (In thousands) Investments available-for-sale: Mortgage-backed investments: Fannie Mae $ 11,230 $ — $ 11,230 $ — Freddie Mac 11,947 738 11,209 — Ginnie Mae 28,183 — 28,183 — Other 33,316 2,911 30,405 — Municipal bonds 29,793 — 29,793 — U.S. Government agencies 76,235 38,366 37,869 — Corporate bonds 30,574 — 30,574 — Total available-for-sale investments 221,278 42,015 179,263 — Derivative fair value asset 11,059 — 11,059 — Total $ 232,337 $ 42,015 $ 190,322 $ — Fair Value Measurements at 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) Assets: Investments available-for-sale: 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 $ — The estimated fair value of Level 2 investments is based on quoted prices for similar investments in active markets, identical or similar investments in markets that are not active and model-derived valuations whose inputs are observable. The tables below present the balances of assets measured at fair value on a nonrecurring basis at September 30, 2022, and December 31, 2021: Fair Value Measurements at September 30, 2022 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans receivable, net) (1) $ 49,304 $ — $ — $ 49,304 Total $ 49,304 $ — $ — $ 49,304 _____________ (1) Total fair value of impaired loans is net of $15,000 of specific allowances on performing TDRs. Fair Value Measurements at December 31, 2021 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans receivable, net) (1) $ 36,118 $ — $ — $ 36,118 Total $ 36,118 $ — $ — $ 36,118 _____________ (1) Total fair value of impaired loans is net of $20,000 of specific allowances on performing TDRs. The fair value of impaired loans reflects the exit price and is calculated using the collateral value method or on a discounted cash flow basis. Inputs used in the collateral value method include appraised values, less estimated costs to sell. Some of these inputs may not be observable in the marketplace. Appraised values may be discounted based on management’s knowledge of the marketplace, subsequent changes in market conditions, or management’s knowledge of the borrower. The following tables present quantitative information about Level 3 fair value measurements for assets measured at fair value on a nonrecurring basis at September 30, 2022 and December 31, 2021: September 30, 2022 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 49,304 Market approach Appraised value discounted by market or borrower conditions 0.0% (0.0%) December 31, 2021 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 36,118 Market approach Appraised value discounted by market or borrower conditions 0.0% (0.0%) The carrying amounts and estimated fair values of financial instruments were as follows at the dates indicated: September 30, 2022 Estimated Fair Value Measurements Using: Carrying Value Fair Value Level 1 Level 2 Level 3 (In thousands) Financial Assets: Cash on hand and in banks $ 9,684 $ 9,684 $ 9,684 $ — $ — Interest-earning deposits with banks 15,227 15,227 15,227 — — Investments available-for-sale 221,276 221,276 42,015 179,261 — Investments held-to-maturity 2,438 2,438 — 2,438 — Loans receivable, net 1,143,347 1,111,768 — — 1,111,768 FHLB stock 7,712 7,712 — 7,712 — Accrued interest receivable 6,261 6,261 — 6,261 — Derivative fair value asset 11,059 11,059 — 11,059 — Financial Liabilities: Deposits 811,371 811,371 811,371 — — Certificates of deposit, retail 264,454 255,741 — 255,741 — Brokered deposits 73,611 73,486 — 73,486 — Advances from the FHLB 150,000 149,986 — 149,986 — Accrued interest payable 185 185 — 185 — December 31, 2021 Estimated Fair Value Measurements Using: Carrying Value Fair Value Level 1 Level 2 Level 3 (In thousands) Financial Assets: Cash on hand and in banks $ 7,246 $ 7,246 $ 7,246 $ — $ — Interest-earning deposits with banks 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 —

Leases

Leases	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Leases	Leases The Company follows ASC Topic 842, Leases, recognizing a ROU and related lease liabilities on the Company’s Consolidated Balance Sheets. At September 30, 2022, the Company had 13 operating leases for retail branch locations. The remaining lease terms range from 0.3 years to 8.3 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 September 30, 2022, the Company was committed to paying $71,000 per month in minimum monthly lease payments. The minimum monthly lease payment over the initial lease term, including any free rent period, was used to calculate the ROU and lease liability. The Company’s current leases do not include any non-lease components. Total lease expense included on the Company’s Consolidated Income Statements includes the amortized lease expense under ASC Topic 842, Leases, combined with variable lease expenses for maintenance or other expenses as defined in the individual lease agreements. The following table includes details on these items at and for the nine months ended September 30, 2022, and 2021. September 30, 2022 September 30, 2021 (dollars in thousands) Lease expense, quarter-to-date $ 270 $ 276 Lease expense, year-to-date 835 794 ROU 3,260 3,838 Lease liability 3,441 3,994 Weighted average remaining term, years 5.8 years 6.4 years Weighted average discount rate 1.98 % 1.91 % The following table provides a reconciliation between the undiscounted minimum lease payments at September 30, 2022 and the discounted lease liability at that date: September 30, 2022 (in thousands) Due through one year $ 814 Due after one year through two years 709 Due after two years through three years 622 Due after three years through four years 405 Due after four years through five years 296 Due after five years 804 Total minimum lease payments 3,650 Less: present value discount 209 Lease liability $ 3,441

Derivatives

Derivatives	9 Months Ended
	Sep. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	Derivatives The Company uses derivative financial instruments, in particular, interest rate swaps, which are designated as cash flow hedges, to manage the risk of changes in future cash flows due to interest rate fluctuations. At September 30, 2022, the cash flow hedges 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. These hedging instruments have four Quarterly, the effectiveness evaluation is based upon the fluctuation of the fixed rate interest the Company pays to the FHLB for the period compared to the one-month or three-month LIBOR interest received from the counterparty. At September 30, 2022, a $11.1 million net fair value gain of the cash flow hedges was reported with other assets on the Company’s Consolidated Balance Sheet. The tax effected amount of $8.7 million was included in accumulated other comprehensive loss on the Company’s Consolidated Balance Sheet. There were no amounts recorded on the Consolidated Income Statements for the quarters ended September 30, 2022 or 2021, related to ineffectiveness. Fair value for these derivative instruments, which generally changes as a result of changes in the level of market interest rates, is estimated based on dealer quotes and secondary market sources. The following table presents the fair value of these derivative instruments as of September 30, 2022 and December 31, 2021: Balance Sheet Location Fair Value at Fair Value at (In thousands) Interest rate swaps on FHLB debt Other Assets/(Other Liabilities) $ 11,059 $ 1,491 The following table presents the net unrealized gains and losses, net of tax, from these derivative instruments included on the Consolidated Statements of Comprehensive Income at the dates indicated: Amount Recognized in OCI for the Amount Recognized in OCI for the Amount Recognized in OCI for the Amount Recognized in OCI for the (In thousands) Interest rate swaps on FHLB debt designated as a cash flow hedge $ 2,514 $ 437 $ 7,560 $ 2,636

Stock-Based Compensation

Stock-Based Compensation	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement, Noncash Expense [Abstract]
Stock-Based Compensation	Stock-Based CompensationIn June 2016, First Financial Northwest’s shareholders approved the First Financial Northwest, Inc. 2016 Equity Incentive Plan (“2016 Plan”). This plan provides for the granting of incentive stock options (“ISO”), non-qualified stock options (“NQSO”), restricted stock and restricted stock units until June 2026. The 2016 Plan established 1,400,000 shares available to grant with a maximum of 400,000 of these shares available to grant as restricted stock awards. Each share issued as a restricted stock award counts as two shares towards the total shares available to award. Under the 2016 Plan, the vesting date for each option award or restricted stock award is determined by an award committee and specified in the award agreement. In the case of restricted stock awards granted in lieu of cash payments of directors’ fees, the grant date is used as the vesting date unless the award agreement provides otherwise. As a result of the approval of the 2016 Plan, the First Financial Northwest, Inc. 2008 Equity Incentive Plan (“2008 Plan”) was frozen and no additional awards were made. At September 30, 2022, there were 969,834 total shares available for grant under the 2016 Plan, including 184,917 shares available to be granted as restricted stock. For the three months ended September 30, 2022 and 2021, total compensation expense for the 2016 Plan was $327,000 and $315,000, respectively, and the related income tax benefit was $69,000 and $66,000, respectively. For the nine months ended September 30, 2022 and 2021, total compensation expense for the 2016 Plan was $641,000 and $558,000, respectively, and the related income tax benefit was $135,000 and $117,000, respectively. The final compensation expense for the 2008 plan was recognized in 2020. Stock Options Under the 2008 Plan, stock option awards were granted with an exercise price equal to the market price of First Financial Northwest’s common stock at the grant date. These option awards have a vesting period of five years, with 20% vesting on the anniversary date of each grant date, and a contractual life of ten years. Any unexercised stock options expire ten years after the grant date, or sooner in the event of the award recipient’s death, disability or termination of service with the Company and the Bank. At September 30, 2022, there were 217,519 stock options from the 2008 Plan vested and available for exercise, subject to the 2008 Plan provisions. 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. At September 30, 2022, there were no stock options issued from the 2016 Plan. The fair value of each option award is estimated on the grant date using a Black-Scholes model that uses the following assumptions. The dividend yield is based on the current quarterly dividend in effect at the time of the grant. Historical employment data is used to estimate the forfeiture rate. The historical volatility of the Company’s stock price over a specified period of time is used for the expected volatility assumption. First Financial Northwest bases the risk-free interest rate on the U.S. Treasury Constant Maturity Indices in effect on the date of the grant. First Financial Northwest elected to use the “Share-Based Payments” method permitted by the SEC to calculate the expected term. This method uses the vesting term of an option along with the contractual term, setting the expected life at the midpoint. Under certain conditions, a cashless exercise of vested stock options may occur by the option holder surrendering the number of options valued at the current stock price at the time of exercise to cover the total cost to exercise. The surrendered options are canceled and are unavailable for reissue. A summary of the Company’s stock option plan awards and activity for the three and nine months ended September 30, 2022, follows: For the Three Months Ended September 30, 2022 Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term in Years Aggregate Intrinsic Value Weighted-Average Grant Date Fair Value Outstanding at July 1, 2022 267,519 $ 10.63 $ 1,290,762 $ 3.83 Exercised (50,000) 8.14 360,470 2.63 Outstanding at September 30, 2022 217,519 11.20 1.69 792,575 4.10 Vested and expected to vest assuming a 3% forfeiture rate over the vesting term 217,519 11.20 1.69 792,575 4.10 Exercisable at September 30, 2022 217,519 11.20 1.69 792,575 4.10 For the Nine Months Ended September 30, 2022 Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term in Years Aggregate Intrinsic Value Weighted-Average Grant Date Fair Value Outstanding at January 1, 2022 272,000 $ 10.63 $ 1,507,300 $ 3.82 Exercised (54,481) 8.36 386,658 $ 2.70 Outstanding at September 30, 2022 217,519 11.20 1.69 792,575 4.10 Vested and expected to vest assuming a 3% forfeiture rate over the vesting term 217,519 11.20 1.69 792,575 4.10 Exercisable at September 30, 2022 217,519 11.20 1.69 792,575 4.10 As of September 30, 2022, there was no unrecognized compensation cost related to nonvested stock options. There were no stock options granted during the nine months ended September 30, 2022. Restricted Stock Awards The 2016 Plan authorizes the grant of restricted stock awards subject to vesting periods or terms as defined by the award committee and specified in the award agreement. Restricted stock awards granted in lieu of cash payments for directors’ fees are subject to immediate vesting on the grant date unless the award agreement provides otherwise. A summary of changes in nonvested restricted stock awards for the three and nine months ended September 30, 2022, follows: For the Three Months Ended September 30, 2022 Shares Weighted-Average Nonvested at July 1, 2022 31,272 $ 16.93 Granted 13,332 14.85 Vested (13,332) 14.85 Nonvested at September 30, 2022 31,272 16.93 Expected to vest assuming a 3% forfeiture rate over the vesting term 30,334 16.93 For the Nine Months Ended September 30, 2022 Shares Weighted-Average Nonvested at January 1, 2022 44,426 $ 13.78 Granted 47,542 16.35 Vested (58,698) 14.07 Forfeited (1,998) 16.93 Nonvested at September 30, 2022 31,272 16.93 Expected to vest assuming a 3% forfeiture rate over the vesting term 30,334 16.93

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	9 Months Ended
	Sep. 30, 2022
Equity [Abstract]
Accumulated Other Comprehensive Income	Accumulated Other Comprehensive Income The table below presents the changes in accumulated other comprehensive (loss) income, net of tax, for the three and nine months ended September 30, 2021 and 2022. Unrealized Gains and Losses on Available-for-Sale Securities Gains and Losses on Cash Flow Hedges Total (In thousands) Balance June 30, 2021 $ (26) $ (33) $ (59) Other comprehensive (loss) income before reclassifications (601) 437 (164) Net other comprehensive (loss) income (601) 437 (164) Balance September 30, 2021 $ (627) $ 404 $ (223) Balance December 31, 2020 $ 314 $ (2,232) $ (1,918) Other comprehensive (loss) income before reclassifications (941) 2,636 1,695 Net other comprehensive (loss) income (941) 2,636 1,695 Balance September 30, 2021 $ (627) $ 404 $ (223) Balance June 30, 2022 $ (11,038) $ 6,224 $ (4,814) Other comprehensive (loss) income before reclassifications (5,124) 2,514 (2,610) Net other comprehensive (loss) income (5,124) 2,514 (2,610) Balance September 30, 2022 $ (16,162) $ 8,738 $ (7,424) Balance December 31, 2021 $ (1,004) $ 1,178 $ 174 Other comprehensive (loss) income before reclassifications (15,158) 7,560 (7,598) Net other comprehensive (loss) income (15,158) 7,560 (7,598) Balance September 30, 2022 $ (16,162) $ 8,738 $ (7,424)

Earnings Per Share

Earnings Per Share	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Earnings Per Share	Earnings Per Share Per the provisions of FASB ASC 260, Earnings Per Share , nonvested share-based payment awards that contain nonforfeitable rights to dividends or dividend equivalents are participating securities and are included in the computation of EPS pursuant to the two-class method. The two-class method is an earnings allocation formula that determines earnings per share for each class of common stock and participating security according to dividends declared (or accumulated) and participation rights in undistributed earnings. Certain of the Company’s nonvested restricted stock awards qualify as participating securities. Net income is allocated between the common stock and participating securities pursuant to the two-class method, based on their rights to receive dividends, participate in earnings, or absorb losses. Basic earnings per common shares is computed by dividing net earnings available to common shareholders by the weighted-average number of common shares outstanding during the period, excluding participating nonvested restricted shares. The following table presents a reconciliation of the components used to compute basic and diluted earnings per share for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (Dollars in thousands, except share data) Net income $ 3,946 $ 3,199 $ 10,014 $ 9,507 Less: Earnings allocated to participating securities (13) (15) (33) (43) Earnings allocated to common shareholders $ 3,933 $ 3,184 $ 9,981 $ 9,464 Basic weighted average common shares outstanding 8,981,037 9,314,456 8,983,806 9,412,196 Dilutive stock options 75,195 109,453 90,608 89,108 Dilutive restricted stock grants 12,309 22,793 13,792 12,861 Diluted weighted average common shares outstanding 9,068,541 9,446,702 9,088,206 9,514,165 Basic earnings per share $ 0.44 $ 0.34 $ 1.11 $ 1.01 Diluted earnings per share $ 0.43 $ 0.34 $ 1.10 $ 0.99 Potential dilutive shares are excluded from the computation of earnings per share if their effect is anti-dilutive. For both the three months ended September 30, 2022, and 2021, there were no options to purchase shares of common stock that were omitted from the computation of diluted earnings per share because their effect would be anti-dilutive.

Revenue Recognition

Revenue Recognition	9 Months Ended
	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition In accordance with Topic 606, revenues are recognized when goods or services are transferred to the customer in exchange for the consideration the Company expects to be entitled to receive. To determine the appropriate recognition of revenue for transactions within the scope of Topic 606, the Company performs the following five steps: (i) identify the contract(s) with the customer; (ii) identify the separate performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the separate performance obligations in the contract; and (v) recognize revenue when the entity satisfies a performance obligation. A contract may not exist if there are doubts as to collectability of the amounts the Company is entitled to in exchange for the goods or services transferred. If a contract is determined to be within the scope of Topic 606, the Company recognizes revenue as it satisfies a performance obligation. The largest portion of the Company’s revenue is from net interest income which is not within the scope of Topic 606. Disaggregation of Revenue The following table includes the Company’s noninterest income disaggregated by type of service for the three and nine months ended September 30, 2022 and 2021: Three Months Ended Nine Months Ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 (In thousands) BOLI income (1) $ 243 $ 377 $ 782 $ 891 Wealth management revenue 89 64 276 391 Deposit related fees 79 75 237 221 Debit card and ATM fees 166 153 468 433 Loan related fees 195 300 748 714 Other 6 30 17 86 Total noninterest income $ 778 $ 999 $ 2,528 $ 2,736 _______________ (1) Not within scope of Topic 606 For both the three and nine months ended September 30, 2022 and 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 deposit accounts for various products or services performed for Bank customers. Fees include business account fees, non-sufficient fund fees, stop payment fees, wire services, safe deposit box, and others. These fees are recognized on a daily or monthly basis, depending on the type of service. Debit card and ATM fees: Fees are earned when a debit card issued by the Bank is used or when another financial institution’s customer uses the Bank’s 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 loans for servicing or annual fees earned on certain loan types. Fees are also earned on the prepayment of certain loans, and are recognized at the time the loan is paid off. Other: Fees earned on other services, such as merchant services or occasional non-recurring type services, are recognized at the time of the event or the applicable billing cycle. Contract Balances

Recently Issued Accounting Pr_2

Recently Issued Accounting Pronouncements (Policies)	9 Months Ended
	Sep. 30, 2022
Accounting Standards Update and Change in Accounting Principle [Abstract]
Recent Accounting Pronouncements	Recent Accounting Pronouncements Accounting Standards Update (“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 by the Financial Accounting Standards Board (“FASB”) 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. 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. Effective January 25, 2021, the Company adhered to the Interbank Offered Rate Fallbacks Protocol (“Protocol”) as published by the International Swaps and Derivatives Association, Inc. and recommended by the Alternative Reference Rates Committee. Additionally, effective January 1, 2022, the Bank was no longer initiating or renewing loans using LIBOR as an index. As of September 30, 2022, the Company’s derivative instruments continued to use LIBOR as the basis for interest-rate swap calculations. The Company does not expect this ASU to have a material impact on its business operations and Consolidated Financial Statements. In March 2022, the FASB issued ASU 2022-02, Financial Instruments - Credit Losses (Topic 326): Troubled Debt Restructurings and Vintage Disclosures . This ASU eliminates the accounting guidance for troubled debt restructured loans (“TDRs”) by creditors while enhancing disclosure requirements for certain loan refinancings and restructurings by creditors when a borrower is experiencing financial difficulty. Additionally, the ASU requires public business entities to disclose current-period gross write offs by year of origination for financing receivables and net investments in leases. This ASU is effective upon adoption of ASU 2016-13.

Investments (Tables)

Investments (Tables)	9 Months Ended
	Sep. 30, 2022
Investments [Abstract]
Available-for-sale Securities	Investments available-for-sale are summarized as follows at the dates indicated: September 30, 2022 Amortized Gross Gross Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 13,158 $ — $ (1,928) $ 11,230 Freddie Mac 13,753 — (1,806) 11,947 Ginnie Mae 29,843 — (1,660) 28,183 Other 35,051 — (1,735) 33,316 Municipal bonds 37,065 — (7,272) 29,793 U.S. Government agencies 78,400 10 (2,175) 76,235 Corporate bonds 32,998 — (2,424) 30,574 Total $ 240,268 $ 10 $ (19,000) $ 221,278 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 Total $ 168,751 $ 1,656 $ (1,459) $ 168,948 There were no holdings of investment securities of any one issuer, other than the U.S. Government and its agencies, in an amount greater than 10% of stockholders’ equity at September 30, 2022 and December 31, 2021.
Schedule of Available for sale Securities in Continuous Unrealized Loss positions	The tables below summarize the aggregate fair value and gross unrealized loss by length of time those investment securities have been continuously in an unrealized loss position at the dates indicated: September 30, 2022 Less Than 12 Months 12 Months or Longer Total Fair Value Gross Unrealized Fair Value Gross Unrealized Fair Value Gross Unrealized (In thousands) Mortgage-backed investments: Fannie Mae $ 8,045 $ (1,091) $ 3,177 $ (837) $ 11,222 $ (1,928) Freddie Mac 4,701 (272) 6,508 (1,534) 11,209 (1,806) Ginnie Mae 17,141 (804) 11,042 (856) 28,183 (1,660) Other 26,398 (1,504) 4,007 (231) 30,405 (1,735) Municipal bonds 15,740 (2,803) 14,053 (4,469) 29,793 (7,272) U.S. Government agencies 54,528 (1,732) 21,003 (443) 75,531 (2,175) Corporate bonds 25,861 (2,138) 4,713 (286) 30,574 (2,424) Total $ 152,414 $ (10,344) $ 64,503 $ (8,656) $ 216,917 $ (19,000) December 31, 2021 Less Than 12 Months 12 Months or Longer Total Fair Value Gross Unrealized Fair Value Gross Unrealized Fair Value Gross Unrealized (In thousands) Mortgage-backed investments: Fannie Mae $ 6,279 $ (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) Total $ 64,255 $ (841) $ 29,764 $ (618) $ 94,019 $ (1,459)
Schedule of Available for sale Securities, Debt Maturities	The amortized cost and estimated fair value of investments available-for-sale at September 30, 2022, by contractual maturity, are shown below. Expected maturities will differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. Investments not due at a single maturity date, primarily mortgage-backed investments, are shown separately. September 30, 2022 Amortized Cost Fair Value (In thousands) Due within one year $ 5,998 $ 5,927 Due after one year through five years 44,023 42,702 Due after five years through ten years 28,857 26,173 Due after ten years 69,585 61,800 148,463 136,602 Mortgage-backed investments 91,805 84,676 Total $ 240,268 $ 221,278

Loans Receivable (Tables)

Loans Receivable (Tables)	9 Months Ended
	Sep. 30, 2022
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	Loans receivable are disclosed net of loans in process (“LIP”) and are summarized as follows at the dates indicated: September 30, 2022 December 31, 2021 (In thousands) One-to-four family residential: Permanent owner occupied $ 221,212 $ 185,320 Permanent non-owner occupied 228,223 199,796 449,435 385,116 Multifamily 132,755 130,146 Commercial real estate 413,486 419,417 Construction/land: One-to-four family residential 41,606 34,677 Multifamily 15,500 37,194 Commercial — 6,189 Land 15,518 15,395 72,624 93,455 Business 32,054 46,590 Consumer 57,619 44,812 Total loans 1,157,973 1,119,536 Less: Deferred loan (costs) fees, net (101) 418 ALLL 14,726 15,657 Loans receivable, net $ 1,143,348 $ 1,103,461
Financing Receivables, Summary of Loans by Type and Risk Category	As of September 30, 2022, and December 31, 2021, the Company had no loans rated as doubtful or loss. The following tables represent a summary of loans at September 30, 2022, and December 31, 2021 by type and risk category: September 30, 2022 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Risk Rating: Pass, grade 1-4 $ 446,999 $ 128,813 $ 348,049 $ 72,624 $ 32,054 $ 57,083 $ 1,085,622 Pass, grade 5 (watch) 1,669 2,300 14,947 — — 135 19,051 Special mention 728 — 4,677 — — 208 5,613 Substandard 39 1,642 45,813 — — 193 47,687 Total loans $ 449,435 $ 132,755 $ 413,486 $ 72,624 $ 32,054 $ 57,619 $ 1,157,973 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 (watch) 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 loans $ 385,116 $ 130,146 $ 419,417 $ 93,455 $ 46,590 $ 44,812 $ 1,119,536
Schedule of Allowance for Loan and Lease Losses, Roll Forward	The following tables summarize changes in the ALLL and loan portfolio by loan type and impairment method at the dates and for the periods shown: At or For the Three Months Ended September 30, 2022 One-to-Four Multifamily Commercial Real Estate Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,692 $ 1,296 $ 6,187 $ 1,357 $ 998 $ 1,595 $ 15,125 Recoveries 1 — — — — — 1 Provision (recapture) 109 (30) (789) 176 (41) 175 (400) Ending balance $ 3,802 $ 1,266 $ 5,398 $ 1,533 $ 957 $ 1,770 $ 14,726 At or For the Nine Months Ended September 30, 2022 One-to-Four Multifamily Commercial Real Estate Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,214 $ 1,279 $ 6,615 $ 2,064 $ 1,112 $ 1,373 $ 15,657 Charge-offs — — — — — (37) (37) Recoveries 6 — — — — — 6 Provision (recapture) 582 (13) (1,217) (531) (155) 434 (900) Ending balance $ 3,802 $ 1,266 $ 5,398 $ 1,533 $ 957 $ 1,770 $ 14,726 ALLL by category: General allowance $ 3,787 $ 1,266 $ 5,398 $ 1,533 $ 957 $ 1,770 $ 14,711 Specific allowance 15 — — — — — 15 Loans: Total loans $ 449,435 $ 132,755 $ 413,486 $ 72,624 $ 32,054 $ 57,619 $ 1,157,973 Loans collectively evaluated for impairment 447,571 131,113 367,673 72,624 32,054 57,619 1,108,654 Loans individually evaluated for impairment 1,864 1,642 45,813 — — — 49,319 At or For the Three Months Ended September 30, 2021 One-to-Four Multifamily Commercial Real Estate Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 2,992 $ 1,377 $ 5,914 $ 2,385 $ 1,133 $ 1,077 $ 14,878 Recoveries 79 — — — — — 79 Provision (Recapture) 99 9 127 (128) (135) 128 100 Ending balance $ 3,170 $ 1,386 $ 6,041 $ 2,257 $ 998 $ 1,205 $ 15,057 At or For the Nine Months Ended September 30, 2021 One-to-Four Multifamily Commercial Real Estate Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,181 $ 1,366 $ 6,127 $ 2,189 $ 1,242 $ 1,069 $ 15,174 Recoveries 183 — — — — — 183 (Recapture) provision (194) 20 (86) 68 (244) 136 (300) Ending balance $ 3,170 $ 1,386 $ 6,041 $ 2,257 $ 998 $ 1,205 $ 15,057 ALLL by category: General allowance $ 3,148 $ 1,386 $ 6,041 $ 2,257 $ 998 $ 1,205 $ 15,035 Specific allowance 22 — — — — — 22 Loans: Total loans $ 382,676 $ 143,806 $ 392,356 $ 101,288 $ 54,748 $ 42,484 $ 1,117,358 Loans collectively evaluated for impairment 380,268 143,806 366,640 101,288 54,748 42,484 1,089,234 Loans individually evaluated for impairment 2,408 — 25,716 — — — 28,124
Financing Receivables, Aging of Loans	The following tables represent a summary of the aging of loans by type at the dates indicated: Loans Past Due as of September 30, 2022 30-59 Days 60-89 Days 90 Days and Total Past Current Total (1) (In thousands) Real estate: One-to-four family residential: Owner occupied $ 44 $ — $ 39 $ 83 $ 221,129 $ 221,212 Non-owner occupied — — — 228,223 228,223 Multifamily — — — — 132,755 132,755 Commercial real estate — — — — 413,486 413,486 Construction/land — — — 72,624 72,624 Total real estate 44 — 39 83 1,068,217 1,068,300 Business — — — — 32,054 32,054 Consumer 130 — 193 323 57,296 57,619 Total loans $ 174 $ — $ 232 $ 406 $ 1,157,567 $ 1,157,973 ________________ (1) There were no loans 90 days and greater past due and still accruing interest at September 30, 2022. Loans Past Due as of December 31, 2021 30-59 Days 60-89 Days 90 Days and Total Past Current Total (1) (In thousands) Real estate: One-to-four family residential: Owner occupied $ — $ — $ — $ — $ 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 loans $ 255 $ — $ — $ 255 $ 1,119,281 $ 1,119,536 _________________ (1) There were no loans 90 days and greater past due and still accruing interest at December 31, 2021.
Financing Receivables, Summary of Loans by Type and Payment Activity	The following tables summarize the loan portfolio by type and payment status at the dates indicated: September 30, 2022 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Performing (1) $ 449,396 $ 132,755 $ 413,486 $ 72,624 $ 32,054 $ 57,426 $ 1,157,741 Nonperforming 39 — — — — 193 232 Total loans $ 449,435 $ 132,755 $ 413,486 $ 72,624 $ 32,054 $ 57,619 $ 1,157,973 _____________ (1) There were $221.2 million of owner-occupied one-to-four family residential loans and $228.2 million of non-owner occupied one-to-four family residential loans classified as performing. 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 loans $ 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.
Schedule of Impaired Financing Receivables	The following tables present a summary of loans individually evaluated for impairment by loan type at the dates indicated: September 30, 2022 Recorded Investment (1) Unpaid Principal Balance (2) Related Allowance (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 214 $ 216 $ — Non-owner occupied 648 648 — Multifamily 1,642 1,642 — Commercial real estate 45,813 45,813 — Total 48,317 48,319 — Loans with an allowance: One-to-four family residential: Owner occupied 488 535 1 Non-owner occupied 514 514 14 Total 1,002 1,049 15 Total impaired loans: One-to-four family residential: Owner occupied 702 751 1 Non-owner occupied 1,162 1,162 14 Multifamily 1,642 1,642 — Commercial real estate 45,813 45,813 — Total $ 49,319 $ 49,368 $ 15 _________________ (1) Represents the loan balance less charge-offs. (2) Contractual loan principal balance. 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.
Schedule of Impaired Financing Receivables, Average Recorded Investment and Interest Income	The following table presents the average recorded investment in loans individually evaluated for impairment and the interest income recognized for the three and nine months ended September 30, 2022 and 2021: Three Months Ended September 30, 2022 Nine Months Ended September 30, 2022 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 $ 195 $ 3 $ 186 $ 10 Non-owner occupied 774 11 843 33 Multifamily 1,647 17 1,238 52 Commercial real estate 42,882 513 39,992 1,471 Total 45,498 544 42,259 1,566 Loans with an allowance: One-to-four family residential: Owner occupied 489 7 491 21 Non-owner occupied 515 9 517 27 Total 1,004 16 1,008 48 Total impaired loans: One-to-four family residential: Owner occupied 684 10 677 31 Non-owner occupied 1,289 20 1,360 60 Multifamily 1,647 17 1,238 52 Commercial real estate 42,882 513 39,992 1,471 Total $ 46,502 $ 560 $ 43,267 $ 1,614 Three Months Ended September 30, 2021 Nine Months Ended September 30, 2021 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 181 $ 3 $ 227 $ 9 Non-owner occupied 926 16 955 47 Multifamily — — 1,035 — Commercial real estate 26,356 192 21,485 662 Total 27,463 211 23,702 718 Loans with an allowance: One-to-four family residential: Owner occupied 497 7 499 24 Non-owner occupied 812 13 815 39 Total 1,309 20 1,314 63 Total impaired loans: One-to-four family residential: Owner occupied 678 10 726 33 Non-owner occupied 1,738 29 1,770 86 Multifamily — — 1,035 — Commercial real estate 26,356 192 21,485 662 Total $ 28,772 $ 231 $ 25,016 $ 781
Troubled Debt Restructurings on Financing Receivables	There were no TDR modifications during the nine months ended September 30, 2022. The following table presents TDR modifications during the nine months ended September 30, 2021, and the recorded investment prior to and after the modification. Nine Months Ended September 30, 2021 Number of Loans Pre-Modification Outstanding Recorded Investment Post-Modification Outstanding Recorded Investment (Dollars in thousands) One-to-four family residential Advancement of maturity date 3 1,355 1,355 Commercial real estate: Advancement of maturity date 1 $ 1,241 $ 1,241 Total 4 $ 2,596 $ 2,596

Fair Value (Tables)

Fair Value (Tables)	9 Months Ended
	Sep. 30, 2022
Fair Value Disclosures [Abstract]
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis	The tables below present the balances of assets measured at fair value on a recurring basis (there were no transfers between Level 1, Level 2 and Level 3 recurring measurements) at September 30, 2022 and December 31, 2021: Fair Value Measurements at September 30, 2022 Fair Value Measurements Quoted Prices in Active Markets for Identical Assets (Level 1) Significant Other Observable Inputs (Level 2) Significant Unobservable Inputs (Level 3) (In thousands) Investments available-for-sale: Mortgage-backed investments: Fannie Mae $ 11,230 $ — $ 11,230 $ — Freddie Mac 11,947 738 11,209 — Ginnie Mae 28,183 — 28,183 — Other 33,316 2,911 30,405 — Municipal bonds 29,793 — 29,793 — U.S. Government agencies 76,235 38,366 37,869 — Corporate bonds 30,574 — 30,574 — Total available-for-sale investments 221,278 42,015 179,263 — Derivative fair value asset 11,059 — 11,059 — Total $ 232,337 $ 42,015 $ 190,322 $ — Fair Value Measurements at 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) Assets: Investments available-for-sale: 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 $ —
Schedule of balances of assets and liabilities, measured at fair value on a non-recurring basis	The tables below present the balances of assets measured at fair value on a nonrecurring basis at September 30, 2022, and December 31, 2021: Fair Value Measurements at September 30, 2022 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans receivable, net) (1) $ 49,304 $ — $ — $ 49,304 Total $ 49,304 $ — $ — $ 49,304 _____________ (1) Total fair value of impaired loans is net of $15,000 of specific allowances on performing TDRs. Fair Value Measurements at December 31, 2021 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans receivable, net) (1) $ 36,118 $ — $ — $ 36,118 Total $ 36,118 $ — $ — $ 36,118 _____________ (1) Total fair value of impaired loans is net of $20,000 of specific allowances on performing TDRs.
Schedule of quantitative information about Level 3 Fair Value Measurements on a nonrecurring basis	The following tables present quantitative information about Level 3 fair value measurements for assets measured at fair value on a nonrecurring basis at September 30, 2022 and December 31, 2021: September 30, 2022 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 49,304 Market approach Appraised value discounted by market or borrower conditions 0.0% (0.0%) December 31, 2021 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired Loans $ 36,118 Market approach Appraised value discounted by market or borrower conditions 0.0% (0.0%)
Fair Value, by Balance Sheet Grouping	The carrying amounts and estimated fair values of financial instruments were as follows at the dates indicated: September 30, 2022 Estimated Fair Value Measurements Using: Carrying Value Fair Value Level 1 Level 2 Level 3 (In thousands) Financial Assets: Cash on hand and in banks $ 9,684 $ 9,684 $ 9,684 $ — $ — Interest-earning deposits with banks 15,227 15,227 15,227 — — Investments available-for-sale 221,276 221,276 42,015 179,261 — Investments held-to-maturity 2,438 2,438 — 2,438 — Loans receivable, net 1,143,347 1,111,768 — — 1,111,768 FHLB stock 7,712 7,712 — 7,712 — Accrued interest receivable 6,261 6,261 — 6,261 — Derivative fair value asset 11,059 11,059 — 11,059 — Financial Liabilities: Deposits 811,371 811,371 811,371 — — Certificates of deposit, retail 264,454 255,741 — 255,741 — Brokered deposits 73,611 73,486 — 73,486 — Advances from the FHLB 150,000 149,986 — 149,986 — Accrued interest payable 185 185 — 185 — December 31, 2021 Estimated Fair Value Measurements Using: Carrying Value Fair Value Level 1 Level 2 Level 3 (In thousands) Financial Assets: Cash on hand and in banks $ 7,246 $ 7,246 $ 7,246 $ — $ — Interest-earning deposits with banks 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 —

Leases (Tables)

Leases (Tables)	9 Months Ended
	Sep. 30, 2022
Leases [Abstract]
Components of Operating Leases	The following table includes details on these items at and for the nine months ended September 30, 2022, and 2021. September 30, 2022 September 30, 2021 (dollars in thousands) Lease expense, quarter-to-date $ 270 $ 276 Lease expense, year-to-date 835 794 ROU 3,260 3,838 Lease liability 3,441 3,994 Weighted average remaining term, years 5.8 years 6.4 years Weighted average discount rate 1.98 % 1.91 %
Maturity of Leases	The following table provides a reconciliation between the undiscounted minimum lease payments at September 30, 2022 and the discounted lease liability at that date: September 30, 2022 (in thousands) Due through one year $ 814 Due after one year through two years 709 Due after two years through three years 622 Due after three years through four years 405 Due after four years through five years 296 Due after five years 804 Total minimum lease payments 3,650 Less: present value discount 209 Lease liability $ 3,441

Derivatives (Tables)

Derivatives (Tables)	9 Months Ended
	Sep. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The following table presents the fair value of these derivative instruments as of September 30, 2022 and December 31, 2021: Balance Sheet Location Fair Value at Fair Value at (In thousands) Interest rate swaps on FHLB debt Other Assets/(Other Liabilities) $ 11,059 $ 1,491
Derivative Instruments, Gain (Loss)	The following table presents the net unrealized gains and losses, net of tax, from these derivative instruments included on the Consolidated Statements of Comprehensive Income at the dates indicated: Amount Recognized in OCI for the Amount Recognized in OCI for the Amount Recognized in OCI for the Amount Recognized in OCI for the (In thousands) Interest rate swaps on FHLB debt designated as a cash flow hedge $ 2,514 $ 437 $ 7,560 $ 2,636

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	9 Months Ended
	Sep. 30, 2022
Share-Based Payment Arrangement, Noncash Expense [Abstract]
Disclosure of Share-based Compensation Arrangements by Share-based Payment Award	A summary of the Company’s stock option plan awards and activity for the three and nine months ended September 30, 2022, follows: For the Three Months Ended September 30, 2022 Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term in Years Aggregate Intrinsic Value Weighted-Average Grant Date Fair Value Outstanding at July 1, 2022 267,519 $ 10.63 $ 1,290,762 $ 3.83 Exercised (50,000) 8.14 360,470 2.63 Outstanding at September 30, 2022 217,519 11.20 1.69 792,575 4.10 Vested and expected to vest assuming a 3% forfeiture rate over the vesting term 217,519 11.20 1.69 792,575 4.10 Exercisable at September 30, 2022 217,519 11.20 1.69 792,575 4.10 For the Nine Months Ended September 30, 2022 Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term in Years Aggregate Intrinsic Value Weighted-Average Grant Date Fair Value Outstanding at January 1, 2022 272,000 $ 10.63 $ 1,507,300 $ 3.82 Exercised (54,481) 8.36 386,658 $ 2.70 Outstanding at September 30, 2022 217,519 11.20 1.69 792,575 4.10 Vested and expected to vest assuming a 3% forfeiture rate over the vesting term 217,519 11.20 1.69 792,575 4.10 Exercisable at September 30, 2022 217,519 11.20 1.69 792,575 4.10
Nonvested Restricted Stock Shares Activity	A summary of changes in nonvested restricted stock awards for the three and nine months ended September 30, 2022, follows: For the Three Months Ended September 30, 2022 Shares Weighted-Average Nonvested at July 1, 2022 31,272 $ 16.93 Granted 13,332 14.85 Vested (13,332) 14.85 Nonvested at September 30, 2022 31,272 16.93 Expected to vest assuming a 3% forfeiture rate over the vesting term 30,334 16.93 For the Nine Months Ended September 30, 2022 Shares Weighted-Average Nonvested at January 1, 2022 44,426 $ 13.78 Granted 47,542 16.35 Vested (58,698) 14.07 Forfeited (1,998) 16.93 Nonvested at September 30, 2022 31,272 16.93 Expected to vest assuming a 3% forfeiture rate over the vesting term 30,334 16.93

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Tables)	9 Months Ended
	Sep. 30, 2022
Equity [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	The table below presents the changes in accumulated other comprehensive (loss) income, net of tax, for the three and nine months ended September 30, 2021 and 2022. Unrealized Gains and Losses on Available-for-Sale Securities Gains and Losses on Cash Flow Hedges Total (In thousands) Balance June 30, 2021 $ (26) $ (33) $ (59) Other comprehensive (loss) income before reclassifications (601) 437 (164) Net other comprehensive (loss) income (601) 437 (164) Balance September 30, 2021 $ (627) $ 404 $ (223) Balance December 31, 2020 $ 314 $ (2,232) $ (1,918) Other comprehensive (loss) income before reclassifications (941) 2,636 1,695 Net other comprehensive (loss) income (941) 2,636 1,695 Balance September 30, 2021 $ (627) $ 404 $ (223) Balance June 30, 2022 $ (11,038) $ 6,224 $ (4,814) Other comprehensive (loss) income before reclassifications (5,124) 2,514 (2,610) Net other comprehensive (loss) income (5,124) 2,514 (2,610) Balance September 30, 2022 $ (16,162) $ 8,738 $ (7,424) Balance December 31, 2021 $ (1,004) $ 1,178 $ 174 Other comprehensive (loss) income before reclassifications (15,158) 7,560 (7,598) Net other comprehensive (loss) income (15,158) 7,560 (7,598) Balance September 30, 2022 $ (16,162) $ 8,738 $ (7,424)

Earnings Per Share (Tables)

Earnings Per Share (Tables)	9 Months Ended
	Sep. 30, 2022
Earnings Per Share [Abstract]
Schedule of Earnings Per Share Reconciliation	The following table presents a reconciliation of the components used to compute basic and diluted earnings per share for the periods indicated: Three Months Ended September 30, Nine Months Ended September 30, 2022 2021 2022 2021 (Dollars in thousands, except share data) Net income $ 3,946 $ 3,199 $ 10,014 $ 9,507 Less: Earnings allocated to participating securities (13) (15) (33) (43) Earnings allocated to common shareholders $ 3,933 $ 3,184 $ 9,981 $ 9,464 Basic weighted average common shares outstanding 8,981,037 9,314,456 8,983,806 9,412,196 Dilutive stock options 75,195 109,453 90,608 89,108 Dilutive restricted stock grants 12,309 22,793 13,792 12,861 Diluted weighted average common shares outstanding 9,068,541 9,446,702 9,088,206 9,514,165 Basic earnings per share $ 0.44 $ 0.34 $ 1.11 $ 1.01 Diluted earnings per share $ 0.43 $ 0.34 $ 1.10 $ 0.99

Revenue Recognition (Tables)

Revenue Recognition (Tables)	9 Months Ended
	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	The following table includes the Company’s noninterest income disaggregated by type of service for the three and nine months ended September 30, 2022 and 2021: Three Months Ended Nine Months Ended September 30, 2022 September 30, 2021 September 30, 2022 September 30, 2021 (In thousands) BOLI income (1) $ 243 $ 377 $ 782 $ 891 Wealth management revenue 89 64 276 391 Deposit related fees 79 75 237 221 Debit card and ATM fees 166 153 468 433 Loan related fees 195 300 748 714 Other 6 30 17 86 Total noninterest income $ 778 $ 999 $ 2,528 $ 2,736 _______________ (1) Not within scope of Topic 606

Investments_ Available-for-sale

Investments: Available-for-sale Securities (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Debt Securities, Available-for-sale [Line Items]
Total	$ 240,268	$ 168,751
Gross Unrealized Gains	10	1,656
Gross Unrealized Losses	(19,000)	(1,459)
Fair Value	221,278	168,948
Mortgage-backed investments, Fannie Mae
Debt Securities, Available-for-sale [Line Items]
Total	13,158	12,920
Gross Unrealized Gains	0	146
Gross Unrealized Losses	(1,928)	(88)
Fair Value	11,230	12,978
Mortgage-backed investments, Freddie Mac
Debt Securities, Available-for-sale [Line Items]
Total	13,753	13,039
Gross Unrealized Gains	0	115
Gross Unrealized Losses	(1,806)	(330)
Fair Value	11,947	12,824
Mortgage backed investments Ginnie Mae
Debt Securities, Available-for-sale [Line Items]
Total	29,843	23,728
Gross Unrealized Gains	0	105
Gross Unrealized Losses	(1,660)	(146)
Fair Value	28,183	23,687
Other
Debt Securities, Available-for-sale [Line Items]
Total	35,051	11,278
Gross Unrealized Gains	0	47
Gross Unrealized Losses	(1,735)	(61)
Fair Value	33,316	11,264
Municipal bonds
Debt Securities, Available-for-sale [Line Items]
Total	37,065	36,078
Gross Unrealized Gains	0	677
Gross Unrealized Losses	(7,272)	(289)
Fair Value	29,793	36,466
U.S. Government agencies
Debt Securities, Available-for-sale [Line Items]
Total	78,400	41,711
Gross Unrealized Gains	10	61
Gross Unrealized Losses	(2,175)	(338)
Fair Value	76,235	41,434
Corporate bonds
Debt Securities, Available-for-sale [Line Items]
Total	32,998	29,997
Gross Unrealized Gains	0	505
Gross Unrealized Losses	(2,424)	(207)
Fair Value	$ 30,574	$ 30,295

Investments_ Schedule of Availa

Investments: Schedule of Available for sale Securities in Continuous Unrealized Loss positions (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Fair Value
Less Than 12 Months	$ 152,414	$ 64,255
12 Months or Longer	64,503	29,764
Total	216,917	94,019
Gross Unrealized Loss
Less Than 12 Months	(10,344)	(841)
12 Months or Longer	(8,656)	(618)
Total	(19,000)	(1,459)
Mortgage-backed investments, Fannie Mae
Fair Value
Less Than 12 Months	8,045	6,279
12 Months or Longer	3,177	0
Total	11,222	6,279
Gross Unrealized Loss
Less Than 12 Months	(1,091)	(88)
12 Months or Longer	(837)	0
Total	(1,928)	(88)
Mortgage-backed investments, Freddie Mac
Fair Value
Less Than 12 Months	4,701	4,709
12 Months or Longer	6,508	3,214
Total	11,209	7,923
Gross Unrealized Loss
Less Than 12 Months	(272)	(233)
12 Months or Longer	(1,534)	(97)
Total	(1,806)	(330)
Mortgage backed investments Ginnie Mae
Fair Value
Less Than 12 Months	17,141	18,539
12 Months or Longer	11,042	0
Total	28,183	18,539
Gross Unrealized Loss
Less Than 12 Months	(804)	(146)
12 Months or Longer	(856)	0
Total	(1,660)	(146)
Other
Fair Value
Less Than 12 Months	26,398	4,815
12 Months or Longer	4,007	0
Total	30,405	4,815
Gross Unrealized Loss
Less Than 12 Months	(1,504)	(61)
12 Months or Longer	(231)	0
Total	(1,735)	(61)
Municipal bonds
Fair Value
Less Than 12 Months	15,740	18,805
12 Months or Longer	14,053	1,059
Total	29,793	19,864
Gross Unrealized Loss
Less Than 12 Months	(2,803)	(264)
12 Months or Longer	(4,469)	(25)
Total	(7,272)	(289)
U.S. Government agencies
Fair Value
Less Than 12 Months	54,528	10,123
12 Months or Longer	21,003	21,682
Total	75,531	31,805
Gross Unrealized Loss
Less Than 12 Months	(1,732)	(34)
12 Months or Longer	(443)	(304)
Total	(2,175)	(338)
Corporate bonds
Fair Value
Less Than 12 Months	25,861	985
12 Months or Longer	4,713	3,809
Total	30,574	4,794
Gross Unrealized Loss
Less Than 12 Months	(2,138)	(15)
12 Months or Longer	(286)	(192)
Total	$ (2,424)	$ (207)

Investments_ Narrative (Details

Investments: Narrative (Details)	1 Months Ended	3 Months Ended		9 Months Ended
	Jan. 31, 2020 USD ($)	Sep. 30, 2022 USD ($) securities	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($) securities	Sep. 30, 2021 USD ($)	Dec. 31, 2021 USD ($) securities
Investments [Abstract]
Securities in unrealized loss position | securities		131		131		51
Securities in unrealized loss position for 12 months or more | securities		38		38		14
Investments pledged as collateral for FHLB advances		50%		50%
Investments pledged as collateral for public deposits		$ 21,300,000		$ 21,300,000		$ 23,100,000
Gain on sale of investments available-for-sale		0	$ 0	0	$ 0
Proceeds from calls and maturities of investments available-for-sale		399,000	$ 0	3,781,000	10,000,000
Payments to acquire marketable securities	$ 2,400,000			89,687,000	$ 76,130,000
Investments held-to-maturity		$ 2,438,000		$ 2,438,000		$ 2,432,000

Investments_ Schedule of Avai_2

Investments: Schedule of Available for sale Securities, Debt Maturities (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Amortized Cost
Due within one year	$ 5,998
Due after one year through five years	44,023
Due after five years through ten years	28,857
Due after ten years	69,585
Amortized Cost	148,463
Mortgage-backed investments	91,805
Total	240,268	$ 168,751
Fair Value
Due within one year	5,927
Due after one year through five years	42,702
Due after five years through ten years	26,173
Due after ten years	61,800
Fair Value	136,602
Mortgage-backed investments	84,676
Fair Value	$ 221,278	$ 168,948

Loans Receivable - Schedule of

Loans Receivable - Schedule of Accounts, Notes, Loans and Financing Receivable (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	$ 1,157,973	$ 1,119,536
Deferred loan (costs) fees, net	(101)	418
ALLL	14,726	15,657
Loans receivable, net	1,143,348	1,103,461
One to Four Family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	449,435	385,116
Permanent owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	221,212	185,320
Permanent non-owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	228,223	199,796
Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	132,755	130,146
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	413,486	419,417
Construction/  Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	72,624	93,455
One-to-four family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	41,606	34,677
Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	15,500	37,194
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	0	6,189
Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	15,518	15,395
Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	32,054	46,590
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	$ 57,619	$ 44,812

Loans Receivable - Narrative (D

Loans Receivable - Narrative (Details)	3 Months Ended		9 Months Ended
	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Sep. 30, 2022 USD ($) loan	Sep. 30, 2021 USD ($) loan	Dec. 31, 2021 USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	$ 1,143,348,000		$ 1,143,348,000		$ 1,103,461,000
Financing receivable, excluding accrued interest, after allowance for credit loss	$ 1,157,973,000		$ 1,157,973,000		$ 1,119,536,000
Ratio of nonperforming loans to all loans	0.04%		0.04%		0.02%
Commitments to advance funds	$ 0		$ 0		$ 0
Troubled debt restructuring loans	1,800,000		1,800,000		2,100,000
Commitment to extend additional credit	0		0
Charge to allowance for loan and lease losses	0	$ 0	$ 0	$ 0
Number of loans | loan			0	4
Troubled debt restructuring, subsequent default	0	0
PPP Loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, net	1,200,000	22,400,000	$ 1,200,000	$ 22,400,000
Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	1,157,973,000		1,157,973,000		1,119,536,000
Impaired financing receivable, related allowance	15,000	22,000	15,000	22,000	20,000
Property total | Nonperforming
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	232,000		232,000		0
Property total | Financial Asset, Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	406,000		406,000		255,000
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	57,619,000		57,619,000		44,812,000
Consumer | Nonperforming
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	193,000		193,000		0
Consumer | Financial Asset, Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	323,000		323,000		179,000
One to four family residential [Member]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	449,435,000		449,435,000		385,116,000
Impaired financing receivable, related allowance	15,000	$ 22,000	15,000	$ 22,000
One to four family residential [Member] | Nonperforming
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	39,000		39,000		0
FHLB of Des Moines | Asset Pledged as Collateral
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	558,300,000		558,300,000		561,400,000
Federal Reserve Bank | Asset Pledged as Collateral
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	$ 93,700,000		$ 93,700,000		$ 120,000,000

Loans Receivable - Financing Re

Loans Receivable - Financing Receivables, Summary of loans by type and risk category (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	$ 1,157,973	$ 1,119,536
Pass, grade 1-4
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	1,085,622	1,042,837
Pass, grade 5 (watch)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	19,051	30,213
Special mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	5,613	12,277
Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	47,687	34,209
One-to-Four Family Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	449,435	385,116
One-to-Four Family Residential | Pass, grade 1-4
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	446,999	383,276
One-to-Four Family Residential | Pass, grade 5 (watch)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	1,669	911
One-to-Four Family Residential | Special mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	728	929
One-to-Four Family Residential | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	39	0
Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	132,755	130,146
Multifamily | Pass, grade 1-4
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	128,813	126,149
Multifamily | Pass, grade 5 (watch)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	2,300	3,997
Multifamily | Special mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Multifamily | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	1,642	0
Commercial Real Estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	413,486	419,417
Commercial Real Estate | Pass, grade 1-4
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	348,049	351,241
Commercial Real Estate | Pass, grade 5 (watch)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	14,947	23,019
Commercial Real Estate | Special mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	4,677	11,127
Commercial Real Estate | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	45,813	34,030
Construction/  Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	72,624	93,455
Construction/  Land | Pass, grade 1-4
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	72,624	91,202
Construction/  Land | Pass, grade 5 (watch)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	2,253
Construction/  Land | Special mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Construction/  Land | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	32,054	46,590
Business | Pass, grade 1-4
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	32,054	46,590
Business | Pass, grade 5 (watch)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Business | Special mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Business | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	57,619	44,812
Consumer | Pass, grade 1-4
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	57,083	44,379
Consumer | Pass, grade 5 (watch)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	135	33
Consumer | Special mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	208	221
Consumer | Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	$ 193	$ 179

Loans Receivable - Schedule o_2

Loans Receivable - Schedule of Allowance for Loan and Lease Losses, Roll Forward (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Allowance for Loan and Lease Losses [Roll Forward]
Recapture of provision for loan losses	$ (400)	$ 100	$ (900)	$ (300)
One-to-Four Family Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, allowance	3,802	3,170	3,802	3,170	$ 3,214
Charge-offs			0
Impaired financing receivable, related allowance	15	22	15	22
Total Loans	449,435	382,676	449,435	382,676
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	3,692	2,992	3,214	3,181
Recoveries	1	79	6	183
Recapture of provision for loan losses		99		(194)
Provision (recapture)	109		582
Loans and Leases Receivable, Allowance, Ending Balance	3,802	3,170	3,802	3,170
Loans collectively evaluated for impairment	447,571	380,268	447,571	380,268
Loans individually evaluated for impairment	1,864	2,408	1,864	2,408
One-to-Four Family Residential | General allowance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, allowance	3,787	3,148	3,787	3,148
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	3,787	3,148	3,787	3,148
Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, allowance	1,266	1,386	1,266	1,386	1,279
Charge-offs			0
Impaired financing receivable, related allowance	0	0	0	0
Total Loans	132,755	143,806	132,755	143,806
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	1,296	1,377	1,279	1,366
Recoveries	0	0	0	0
Recapture of provision for loan losses	(30)
Provision (recapture)		9	(13)	20
Loans and Leases Receivable, Allowance, Ending Balance	1,266	1,386	1,266	1,386
Loans collectively evaluated for impairment	131,113	143,806	131,113	143,806
Loans individually evaluated for impairment	1,642	0	1,642	0
Multifamily | General allowance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, allowance	1,266	1,386	1,266	1,386
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	1,266	1,386	1,266	1,386
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, allowance	5,398	6,041	5,398	6,041	6,615
Charge-offs			0
Impaired financing receivable, related allowance	0	0	0	0	0
Total Loans	413,486	392,356	413,486	392,356
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	6,187	5,914	6,615	6,127
Recoveries	0	0	0	0
Recapture of provision for loan losses	(789)	127	(1,217)	(86)
Loans and Leases Receivable, Allowance, Ending Balance	5,398	6,041	5,398	6,041
Loans collectively evaluated for impairment	367,673	366,640	367,673	366,640
Loans individually evaluated for impairment	45,813	25,716	45,813	25,716
Commercial real estate | General allowance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, allowance	5,398	6,041	5,398	6,041
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	5,398	6,041	5,398	6,041
Construction/  Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, allowance	1,533	2,257	1,533	2,257	2,064
Charge-offs			0
Impaired financing receivable, related allowance	0	0	0	0
Total Loans	72,624	101,288	72,624	101,288
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	1,357	2,385	2,064	2,189
Recoveries	0	0	0	0
Recapture of provision for loan losses	176		(531)
Provision (recapture)		(128)		68
Loans and Leases Receivable, Allowance, Ending Balance	1,533	2,257	1,533	2,257
Loans collectively evaluated for impairment	72,624	101,288	72,624	101,288
Loans individually evaluated for impairment	0	0	0	0
Construction/  Land | General allowance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, allowance	1,533	2,257	1,533	2,257
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	1,533	2,257	1,533	2,257
Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, allowance	957	998	957	998	1,112
Charge-offs			0
Impaired financing receivable, related allowance	0	0	0	0
Total Loans	32,054	54,748	32,054	54,748
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	998	1,133	1,112	1,242
Recoveries	0	0	0	0
Recapture of provision for loan losses			(155)	(244)
Provision (recapture)	(41)	(135)
Loans and Leases Receivable, Allowance, Ending Balance	957	998	957	998
Loans collectively evaluated for impairment	32,054	54,748	32,054	54,748
Loans individually evaluated for impairment	0	0	0	0
Business | General allowance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, allowance	957	998	957	998
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	957	998	957	998
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, allowance	1,770	1,205	1,770	1,205	1,373
Charge-offs			(37)
Impaired financing receivable, related allowance	0	0	0	0
Total Loans	57,619	42,484	57,619	42,484
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	1,595	1,077	1,373	1,069
Recoveries	0	0	0	0
Provision (recapture)	175	128	434	136
Loans and Leases Receivable, Allowance, Ending Balance	1,770	1,205	1,770	1,205
Loans collectively evaluated for impairment	57,619	42,484	57,619	42,484
Loans individually evaluated for impairment	0	0	0	0
Consumer | General allowance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, allowance	1,770	1,205	1,770	1,205
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	1,770	1,205	1,770	1,205
Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, allowance	14,726	15,057	14,726	15,057	15,657
Charge-offs			(37)
Impaired financing receivable, related allowance	15	22	15	22	$ 20
Total Loans	1,157,973	1,117,358	1,157,973	1,117,358
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Beginning Balance	15,125	14,878	15,657	15,174
Recoveries	1	79	6	183
Recapture of provision for loan losses	(400)	100	(900)	(300)
Loans and Leases Receivable, Allowance, Ending Balance	14,726	15,057	14,726	15,057
Loans collectively evaluated for impairment	1,108,654	1,089,234	1,108,654	1,089,234
Loans individually evaluated for impairment	49,319	28,124	49,319	28,124
Property total | General allowance
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, allowance	14,711	15,035	14,711	15,035
Allowance for Loan and Lease Losses [Roll Forward]
Loans and Leases Receivable, Allowance, Ending Balance	$ 14,711	$ 15,035	$ 14,711	$ 15,035

Loans Receivable - Financing _2

Loans Receivable - Financing Receivables, Aging of loans (Details) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	$ 1,157,973,000	$ 1,119,536,000
Financing Receivable, 90 Days or More Past Due, Still Accruing	0	0
Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	1,157,973,000	1,119,536,000
Total real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	1,068,300,000	1,028,134,000
Permanent owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	221,212,000	185,320,000
Permanent non-owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	228,223,000	199,796,000
Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	132,755,000	130,146,000
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	413,486,000	419,417,000
Construction/  Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	72,624,000	93,455,000
Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	32,054,000	46,590,000
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	57,619,000	44,812,000
Financial Asset, Past Due | Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	406,000	255,000
Financial Asset, Past Due | Total real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	83,000	0
Financial Asset, Past Due | Permanent owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	83,000	0
Financial Asset, Past Due | Permanent non-owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, Past Due | Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, Past Due | Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, Past Due | Construction/  Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, Past Due | Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	76,000
Financial Asset, Past Due | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	323,000	179,000
Financial Asset, 30 to 59 Days Past Due | Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	174,000	255,000
Financial Asset, 30 to 59 Days Past Due | Total real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	44,000	0
Financial Asset, 30 to 59 Days Past Due | Permanent owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	44,000	0
Financial Asset, 30 to 59 Days Past Due | Permanent non-owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss		0
Financial Asset, 30 to 59 Days Past Due | Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, 30 to 59 Days Past Due | Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, 30 to 59 Days Past Due | Construction/  Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, 30 to 59 Days Past Due | Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	76,000
Financial Asset, 30 to 59 Days Past Due | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	130,000	179,000
Financial Asset, 60 to 89 Days Past Due | Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, 60 to 89 Days Past Due | Total real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, 60 to 89 Days Past Due | Permanent owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, 60 to 89 Days Past Due | Permanent non-owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, 60 to 89 Days Past Due | Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, 60 to 89 Days Past Due | Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, 60 to 89 Days Past Due | Construction/  Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss		0
Financial Asset, 60 to 89 Days Past Due | Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, 60 to 89 Days Past Due | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	232,000	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Total real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	39,000	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Permanent owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	39,000	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Permanent non-owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Construction/  Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	193,000	0
Current | Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	1,157,567,000	1,119,281,000
Current | Total real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	1,068,217,000	1,028,134,000
Current | Permanent owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	221,129,000	185,320,000
Current | Permanent non-owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	228,223,000	199,796,000
Current | Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	132,755,000	130,146,000
Current | Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	413,486,000	419,417,000
Current | Construction/  Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	72,624,000	93,455,000
Current | Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	32,054,000	46,514,000
Current | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	$ 57,296,000	$ 44,633,000

Loans Receivable - Financing _3

Loans Receivable - Financing Receivables, Summary of loans by type and payment activity (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	$ 1,157,973	$ 1,119,536
Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	1,157,973	1,119,536
Property total | Performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	1,157,741	1,119,536
Property total | Nonperforming
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	232	0
One-to-Four Family Residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	449,435	385,116
One-to-Four Family Residential | Performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	449,396	385,116
One-to-Four Family Residential | Nonperforming
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	39	0
Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	132,755	130,146
Multifamily | Performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	132,755	130,146
Multifamily | Nonperforming
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	413,486	419,417
Commercial real estate | Performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	413,486	419,417
Commercial real estate | Nonperforming
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Construction/  Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	72,624	93,455
Construction/  Land | Performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	72,624	93,455
Construction/  Land | Nonperforming
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	32,054	46,590
Business | Performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	32,054	46,590
Business | Nonperforming
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	0	0
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	57,619	44,812
Consumer | Performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	57,426	44,812
Consumer | Nonperforming
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	193	0
Permanent owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	221,212	185,320
Permanent owner occupied | Performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	221,200	185,300
Permanent non-owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	228,223	199,796
Permanent non-owner occupied | Performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Financing receivable, excluding accrued interest, after allowance for credit loss	$ 228,200	$ 199,800

Loans Receivable - Schedule o_3

Loans Receivable - Schedule of Impaired Financing Receivables (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021	Sep. 30, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, Recorded Investment	$ 49,304	$ 36,118
Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	48,317	35,123
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	48,319	35,130
Impaired Financing Receivable, with Related Allowance, Recorded Investment	1,002	1,014
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	1,049	1,061
Impaired financing receivable, related allowance	15	20	$ 22
Impaired Financing Receivable, Recorded Investment	49,319	36,137
Impaired Financing Receivable, Unpaid Principal Balance	49,368	36,191
Permanent owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	214	178
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	216	185
Impaired Financing Receivable, with Related Allowance, Recorded Investment	488	494
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	535	541
Impaired financing receivable, related allowance	1	19
Impaired Financing Receivable, Recorded Investment	702	672
Impaired Financing Receivable, Unpaid Principal Balance	751	726
Permanent non-owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	648	915
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	648	915
Impaired Financing Receivable, with Related Allowance, Recorded Investment	514	520
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance	514	520
Impaired financing receivable, related allowance	14	1
Impaired Financing Receivable, Recorded Investment	1,162	1,435
Impaired Financing Receivable, Unpaid Principal Balance	1,162	1,435
Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	1,642
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	1,642
Impaired financing receivable, related allowance	0		0
Impaired Financing Receivable, Recorded Investment	1,642
Impaired Financing Receivable, Unpaid Principal Balance	1,642
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment	45,813	34,030
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance	45,813	34,030
Impaired financing receivable, related allowance	0	0	$ 0
Impaired Financing Receivable, Recorded Investment	45,813	34,030
Impaired Financing Receivable, Unpaid Principal Balance	$ 45,813	$ 34,030

Loans Receivable - Schedule o_4

Loans Receivable - Schedule of Impaired Financing Receivables, Average Recorded Investment and Interest Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	$ 45,498	$ 27,463	$ 42,259	$ 23,702
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	544	211	1,566	718
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	1,004	1,309	1,008	1,314
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	16	20	48	63
Impaired Financing Receivable, Average Recorded Investment	46,502	28,772	43,267	25,016
Impaired Financing Receivable, Interest Income, Accrual Method	560	231	1,614	781
Permanent owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	195	181	186	227
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	3	3	10	9
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	489	497	491	499
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	7	7	21	24
Impaired Financing Receivable, Average Recorded Investment	684	678	677	726
Impaired Financing Receivable, Interest Income, Accrual Method	10	10	31	33
Permanent non-owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	774	926	843	955
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	11	16	33	47
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	515	812	517	815
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	9	13	27	39
Impaired Financing Receivable, Average Recorded Investment	1,289	1,738	1,360	1,770
Impaired Financing Receivable, Interest Income, Accrual Method	20	29	60	86
Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	1,647	0	1,238	1,035
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	17	0	52	0
Impaired Financing Receivable, Average Recorded Investment	1,647	0	1,238	1,035
Impaired Financing Receivable, Interest Income, Accrual Method	17	0	52	0
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	42,882	26,356	39,992	21,485
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	513	192	1,471	662
Impaired Financing Receivable, Average Recorded Investment	42,882	26,356	39,992	21,485
Impaired Financing Receivable, Interest Income, Accrual Method	$ 513	$ 192	$ 1,471	$ 662

Loans Receivable - Troubled Deb

Loans Receivable - Troubled Debt Restructurings on Financing Receivables (Details) $ in Thousands	9 Months Ended
	Sep. 30, 2022 USD ($) loan	Sep. 30, 2021 USD ($) loan	Dec. 31, 2021 USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans | loan	0	4
Pre-Modification Outstanding Recorded Investment		$ 2,596
Post-Modification Outstanding Recorded Investment		$ 2,596
Troubled debt restructuring loans	$ 1,800		$ 2,100
Commercial | Advancement of Maturity Date
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans | loan		1
Pre-Modification Outstanding Recorded Investment		$ 1,241
Post-Modification Outstanding Recorded Investment		$ 1,241
One to four family residential [Member] | Advancement of Maturity Date
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Loans | loan	3
Pre-Modification Outstanding Recorded Investment	$ 1,355
Post-Modification Outstanding Recorded Investment	$ 1,355

Fair Value_ Schedule of Fair Va

Fair Value: Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	$ 221,278	$ 168,948
Derivative fair value asset	11,059	1,491
Total	232,337	170,439
Mortgage-backed investments, Fannie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	11,230	12,978
Mortgage-backed investments, Freddie Mac
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	11,947	12,824
Mortgage-backed investments, Ginnie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	28,183	23,687
Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	33,316	11,264
Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	29,793	36,466
U.S. Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	76,235	41,434
Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	30,574	30,295
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	42,015	3,767
Derivative fair value asset	0	0
Total	42,015	3,767
Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage-backed investments, Fannie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage-backed investments, Freddie Mac
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	738	744
Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage-backed investments, Ginnie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	2,911	3,023
Quoted Prices in Active Markets for Identical Assets (Level 1) | Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	38,366	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	179,263	165,181
Derivative fair value asset	11,059	1,491
Total	190,322	166,672
Significant Other Observable Inputs (Level 2) | Mortgage-backed investments, Fannie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	11,230	12,978
Significant Other Observable Inputs (Level 2) | Mortgage-backed investments, Freddie Mac
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	11,209	12,080
Significant Other Observable Inputs (Level 2) | Mortgage-backed investments, Ginnie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	28,183	23,687
Significant Other Observable Inputs (Level 2) | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	30,405	8,241
Significant Other Observable Inputs (Level 2) | Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	29,793	36,466
Significant Other Observable Inputs (Level 2) | U.S. Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	37,869	41,434
Significant Other Observable Inputs (Level 2) | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	30,574	30,295
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Derivative fair value asset	0	0
Total	0	0
Significant Unobservable Inputs (Level 3) | Mortgage-backed investments, Fannie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Significant Unobservable Inputs (Level 3) | Mortgage-backed investments, Freddie Mac
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Significant Unobservable Inputs (Level 3) | Mortgage-backed investments, Ginnie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Significant Unobservable Inputs (Level 3) | Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Significant Unobservable Inputs (Level 3) | Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Significant Unobservable Inputs (Level 3) | U.S. Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Significant Unobservable Inputs (Level 3) | Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	$ 0	$ 0

Fair Value_ Schedule of balance

Fair Value: Schedule of balances of assets and liabilities, measured at fair value on a non-recurring basis (Details) - USD ($)	Sep. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans (included in loans receivable, net)	$ 49,304,000	$ 36,118,000
Total, Fair Value	49,304,000	36,118,000
Financing receivable, allowance for credit losses, individually evaluated for impairment	15,000	20,000
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans (included in loans receivable, net)	0	0
Total, Fair Value	0	0
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans (included in loans receivable, net)	0	0
Total, Fair Value	0	0
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans (included in loans receivable, net)	49,304,000	36,118,000
Total, Fair Value	$ 49,304,000	$ 36,118,000

Fair Value_ Schedule of quantit

Fair Value: Schedule of quantitative information about Level 3 Fair Value Measurements on a nonrecurring basis (Details) - Loans Receivable - Significant Unobservable Inputs (Level 3) - Market Approach Valuation Technique - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of financial instruments, range	0%	0%
Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of financial instruments, range	0%	0%
Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of financial instruments, range	0%	0%
Fair Value, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial and Nonfinancial Liabilities, Fair Value Disclosure	$ 49,304	$ 36,118

Fair Value_ Balance Sheet Group

Fair Value: Balance Sheet Grouping (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments available-for-sale	$ 221,278	$ 168,948
Investments held-to-maturity	2,438	2,432
FHLB stock	7,712	5,465
Quoted Prices in Active Markets for Identical Assets (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash on hand and in banks	9,684	7,246
Interest-earning deposits with banks	15,227	66,145
Investments available-for-sale	42,015	3,767
Investments held-to-maturity	0	0
Loans receivable, net	0	0
FHLB stock	0	0
Accrued interest receivable	0	0
Derivative fair value asset	0	0
Deposits	811,371	863,347
Certificates of deposit, retail	0	0
Brokered deposits	0
Advances from the FHLB	0	0
Accrued interest payable	0	0
Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash on hand and in banks	0	0
Interest-earning deposits with banks	0	0
Investments available-for-sale	179,261	165,181
Investments held-to-maturity	2,438	2,432
Loans receivable, net	0	0
FHLB stock	7,712	5,465
Accrued interest receivable	6,261	5,285
Derivative fair value asset	11,059	1,491
Deposits	0	0
Certificates of deposit, retail	255,741	295,929
Brokered deposits	73,486
Advances from the FHLB	149,986	95,003
Accrued interest payable	185	112
Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash on hand and in banks	0	0
Interest-earning deposits with banks	0	0
Investments available-for-sale	0	0
Investments held-to-maturity	0	0
Loans receivable, net	1,111,768	1,109,887
FHLB stock	0	0
Accrued interest receivable	0	0
Derivative fair value asset	0	0
Deposits	0	0
Certificates of deposit, retail	0	0
Brokered deposits	0
Advances from the FHLB	0	0
Accrued interest payable	0	0
Carrying Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash on hand and in banks	9,684	7,246
Interest-earning deposits with banks	15,227	66,145
Investments available-for-sale	221,276	168,948
Investments held-to-maturity	2,438	2,432
Loans receivable, net	1,143,347	1,103,461
FHLB stock	7,712	5,465
Accrued interest receivable	6,261	5,285
Derivative fair value asset	11,059	1,491
Deposits	811,371	863,347
Certificates of deposit, retail	264,454	294,127
Brokered deposits	73,611
Advances from the FHLB	150,000	95,000
Accrued interest payable	185	112
Estimated Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash on hand and in banks	9,684	7,246
Interest-earning deposits with banks	15,227	66,145
Investments available-for-sale	221,276	168,948
Investments held-to-maturity	2,438	2,432
Loans receivable, net	1,111,768	1,109,887
FHLB stock	7,712	5,465
Accrued interest receivable	6,261	5,285
Derivative fair value asset	11,059	1,491
Deposits	811,371	863,347
Certificates of deposit, retail	255,741	295,929
Brokered deposits	73,486
Advances from the FHLB	149,986	95,003
Accrued interest payable	$ 185	$ 112

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Thousands	Sep. 30, 2022 USD ($) lease
Lessee, Lease, Description [Line Items]
Property subject to or available for operating lease, number of units | lease	13
Monthly lease payment | $	$ 71
Minimum
Lessee, Lease, Description [Line Items]
Term of contract	3 months 18 days
Renewal term	3 years
Maximum
Lessee, Lease, Description [Line Items]
Term of contract	8 years 3 months 18 days
Renewal term	5 years

Leases - Components of Operatin

Leases - Components of Operating Leases (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Leases [Abstract]
Lease expense	$ 270	$ 276	$ 835	$ 794
ROU	3,260	3,838	3,260	3,838	$ 3,646
Lease liability	$ 3,441	$ 3,994	$ 3,441	$ 3,994
Weighted average remaining term, years	5 years 9 months 18 days	6 years 4 months 24 days	5 years 9 months 18 days	6 years 4 months 24 days
Weighted average discount rate	1.98%	1.91%	1.98%	1.91%

Leases - Maturity of Leases (De

Leases - Maturity of Leases (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Leases [Abstract]
Due through one year	$ 814
Due after one year through two years	709
Due after two years through three years	622
Due after three years through four years	405
Due after four years through five years	296
Due after five years	804
Total minimum lease payments	3,650
Less: present value discount	209
Lease liability, net	$ 3,441	$ 3,805

Derivatives - Narrative (Detail

Derivatives - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Jun. 30, 2022	Dec. 31, 2021	Jun. 30, 2021	Dec. 31, 2020
Derivative [Line Items]
Stockholders' equity	$ 157,890,000	$ 161,456,000	$ 157,890,000	$ 156,896,000	$ 157,879,000	$ 161,621,000	$ 156,302,000
Gain (loss) on hedge ineffectiveness, net	0	$ 0
Gains and Losses on Cash Flow Hedges
Derivative [Line Items]
Stockholders' equity	8,700,000		8,700,000
Other Assets | Designated as Hedging Instrument
Derivative [Line Items]
Derivative fair value asset	11,100,000		11,100,000
Minimum
Derivative [Line Items]
National amount	10,000,000		$ 10,000,000
Term of contract			4 years
Maximum
Derivative [Line Items]
National amount	15,000,000		$ 15,000,000
Term of contract			8 years
Cash Flow Hedging
Derivative [Line Items]
National amount	$ 95,000,000		$ 95,000,000
Fixed interest rate	1.05%		1.05%
Derivative fair value asset	$ 11,059,000		$ 11,059,000		$ 1,491,000
Cash Flow Hedging | Forward Contracts
Derivative [Line Items]
Weighted average remaining term of contract			50 months
Cash Flow Hedging | Minimum | Forward Contracts
Derivative [Line Items]
Term of contract			1 year 1 month 6 days
Cash Flow Hedging | Maximum | Forward Contracts
Derivative [Line Items]
Term of contract			7 years

Derivatives - Schedule of Deriv

Derivatives - Schedule of Derivative Instruments (Details) - USD ($) $ in Thousands	Sep. 30, 2022	Dec. 31, 2021
Cash Flow Hedging
Derivative [Line Items]
Derivative fair value asset	$ 11,059	$ 1,491

Derivatives - Derivative Instru

Derivatives - Derivative Instruments, Gain (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Interest rate swaps on FHLB debt designated as a cash flow hedge	$ 2,514	$ 437	$ 7,560	$ 2,636

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 327,000	$ 315,000	$ 641,000	$ 558,000
Tax benefit from compensation expense	$ 69,000	$ 66,000	$ 135,000	$ 117,000
Grants in period			0
First Financial Northwest Inc 2016 Equity Incentive Plan | Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized	1,400,000		1,400,000
Available for grant (shares)	969,834		969,834
Expiration period			10 years
First Financial Northwest Inc 2016 Equity Incentive Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized	400,000		400,000
Available for grant (shares)	184,917		184,917
First Financial Northwest, Inc. 2008 Equity Incentive Plan | Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period			5 years
Percentage of options vesting per year			20%
Expiration period			10 years
Vested and available for exercise (in shares)	217,519		217,519
Compensation cost not yet recognized	$ 0		$ 0
First Financial Northwest, Inc. 2008 Equity Incentive Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation cost not yet recognized	$ 214,000		$ 214,000
Compensation cost not yet recognized, weighted average vesting period			5 months

Stock-Based Compensation Disclo

Stock-Based Compensation Disclosure of Share-based Compensation Arrangements by Share-based Payment Award (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Shares
Outstanding Beginning Balance (in shares)	267,519		272,000
Exercised (in shares)	(50,000)	(2,000)	(54,481)	(6,000)
Outstanding Ending Balance (in shares)	217,519		217,519
Exercisable at end of period (in shares)	217,519		217,519
Weighted-Average Exercise Price
Outstanding Beginning Balance (in dollars per share)	$ 10.63		$ 10.63
Exercised (in dollars per share)	8.14		8.36
Outstanding Ending Balance (in dollars per share)	$ 11.20		$ 11.20
Exercisable at end of period, Weighted Average Exercise Price (in dollars per share)	11.20		11.20
Weighted-Average Remaining Contractual Term in Years
Outstanding Ending Balance (in years)	1 year 8 months 8 days		1 year 8 months 8 days
Exercisable at end of period, Weighted Average Remaining Contractual Term in Years	1 year 8 months 8 days		1 year 8 months 8 days
Aggregate Intrinsic Value
Outstanding Beginning Balance	$ 1,290,762		$ 1,507,300
Exercised	360,470		386,658
Outstanding Ending Balance	792,575		792,575
Exercisable at end of period, Aggregate Intrinsic Value	$ 792,575		$ 792,575
Share Based Compensation, Stock Option Plan, Additional Disclosures [Abstract]
Nonvested Beginning Balance, Weighted-Average Grant Date Fair Value (in dollars per share)	$ 3.83		$ 3.82
Exercised, Weighted Average Grant Date Fair Value (in dollars per share)	2.63		2.70
Nonvested Endingg Balance, Weighted-Average Grant Date Fair Value (in dollars per share)	4.10		4.10
Exercisable at end of period, Weighted Average Grant Date Fair Value (in dollars per share)	$ 4.10		$ 4.10
Vested and expected to vest assuming a 3% forfeiture rate over the vesting term
Shares
Expected to Vest (in shares)	217,519		217,519
Weighted-Average Exercise Price
Expected to Vest, Weighted Average Exercise Price (in dollars per share)	$ 11.20		$ 11.20
Weighted-Average Remaining Contractual Term in Years
Expected to Vest, Weighted Average Remaining Contractual Term in Years	1 year 8 months 8 days		1 year 8 months 8 days
Aggregate Intrinsic Value
Expected to Vest, Aggregate Intrinsic Value	$ 792,575		$ 792,575
Share Based Compensation, Stock Option Plan, Additional Disclosures [Abstract]
Expected to Vested, Weighted Average Grant Date Fair Value (in dollars per share)	$ 4.10		$ 4.10

Stock-Based Compensation - Nonv

Stock-Based Compensation - Nonvested Restricted Stock Shares Activity (Details) - Restricted Stock - First Financial Northwest, Inc. 2008 Equity Incentive Plan	3 Months Ended	9 Months Ended
	Sep. 30, 2022 $ / shares shares	Sep. 30, 2022 $ / shares shares
Shares
Nonvested Beginning Balance (in shares) | shares	31,272	44,426
Granted (in shares) | shares	13,332	47,542
Vested (in shares) | shares	(13,332)	(58,698)
Forfeited (in shares) | shares		(1,998)
Nonvested Ending Balance (in shares) | shares	31,272	31,272
Weighted-Average Grant Date Fair Value
Nonvested Beginning Balance, Weighted-Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 16.93	$ 13.78
Granted (in dollars per share) | $ / shares	14.85	16.35
Vested (in dollars per share) | $ / shares	14.85	14.07
Forfeited (in dollars per share) | $ / shares		16.93
Nonvested Ending Balance, Weighted-Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 16.93	$ 16.93
Vested and expected to vest assuming a 3% forfeiture rate over the vesting term
Shares
Expected to vest assuming a 3% forfeiture rate over the vesting term (in shares) | shares	30,334	30,334
Weighted-Average Grant Date Fair Value
Nonvested Ending Balance, Weighted-Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 16.93	$ 16.93

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), net of tax, beginning of period	$ (4,814)	$ (59)	$ 174	$ (1,918)
Other comprehensive (loss) income before reclassifications	(2,610)	(164)	(7,598)	1,695
Net other comprehensive (loss) income	(2,610)	(164)	(7,598)	1,695
Accumulated other comprehensive income (loss), net of tax, end of period	(7,424)	(223)	(7,424)	(223)
Unrealized Gains and Losses on Available-for-Sale Securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), net of tax, beginning of period	(11,038)	(26)	(1,004)	314
Other comprehensive (loss) income before reclassifications	(5,124)	(601)	(15,158)	(941)
Net other comprehensive (loss) income	(5,124)	(601)	(15,158)	(941)
Accumulated other comprehensive income (loss), net of tax, end of period	(16,162)	(627)	(16,162)	(627)
Gains and Losses on Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), net of tax, beginning of period	6,224	(33)	1,178	(2,232)
Other comprehensive (loss) income before reclassifications	2,514	437	7,560	2,636
Net other comprehensive (loss) income	2,514	437	7,560	2,636
Accumulated other comprehensive income (loss), net of tax, end of period	$ 8,738	$ 404	$ 8,738	$ 404

Earnings Per Share_ Schedule of

Earnings Per Share: Schedule of Earnings Per Share Reconciliation (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Earnings Per Share [Abstract]
Net income	$ 3,946	$ 3,199	$ 10,014	$ 9,507
Less: Earnings allocated to participating securities	13	15	33	43
Earnings allocated to common shareholders	$ 3,933	$ 3,184	$ 9,981	$ 9,464
Basic weighted average common shares outstanding (in shares)	8,981,037	9,314,456	8,983,806	9,412,196
Dilutive stock options (in shares)	75,195	109,453	90,608	89,108
Dilutive restricted stock grants (in shares)	12,309	22,793	13,792	12,861
Diluted weighted average common shares outstanding (in shares)	9,068,541	9,446,702	9,088,206	9,514,165
Basic earnings per share (in dollars per share)	$ 0.44	$ 0.34	$ 1.11	$ 1.01
Diluted earnings per share (in dollars per share)	$ 0.43	$ 0.34	$ 1.10	$ 0.99

Earnings Per Share - Narrative

Earnings Per Share - Narrative (Details) - shares	3 Months Ended
	Sep. 30, 2022	Sep. 30, 2021
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share, amount	0	0

Revenue Recognition - Disaggreg

Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2022	Sep. 30, 2021
Disaggregation of Revenue [Line Items]
Revenue	$ 778	$ 999	$ 2,528	$ 2,736
BOLI income
Disaggregation of Revenue [Line Items]
Revenue	243	377	782	891
Wealth management revenue
Disaggregation of Revenue [Line Items]
Revenue	89	64	276	391
Deposit related fees
Disaggregation of Revenue [Line Items]
Revenue	79	75	237	221
Debit card and ATM fees
Disaggregation of Revenue [Line Items]
Revenue	166	153	468	433
Loan related fees
Disaggregation of Revenue [Line Items]
Revenue	195	300	748	714
Other
Disaggregation of Revenue [Line Items]
Revenue	$ 6	$ 30	$ 17	$ 86

Revenue Recognition - Narrative

Revenue Recognition - Narrative (Details)	Sep. 30, 2022 USD ($)
Revenue from Contract with Customer [Abstract]
Contract Liability	$ 0
Performance Obligation	$ 0