First Financial Northwest (FFNW) 10-Q 10 Aug 23 2023 Q2 Quarterly report Financial data

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
	Jun. 30, 2023	Aug. 08, 2023
Cover [Abstract]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2023
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		9,152,093
Document Fiscal Period Focus	Q2
Document Fiscal Year Focus	2023
Current Fiscal Year End Date	--12-31
Entity Central Index Key	0001401564
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Assets
Cash on hand and in banks	$ 10,621	$ 7,722
Interest-earning deposits with banks	42,956	16,598
Investments available-for-sale, at fair value	208,927	217,778
Investments held-to-maturity, at amortized cost	2,444	2,444
Loans receivable, net of allowance of $15,606, and $15,227	1,171,916	1,167,083
Federal Home Loan Bank ("FHLB") stock, at cost	6,603	7,512
Accrued interest receivable	6,690	6,513
Deferred tax assets, net	3,275	2,597
Premises and equipment, net	20,283	21,192
Bank owned life insurance ("BOLI"), net	36,922	36,286
Prepaid expenses and other assets	13,051	12,479
Right of use asset (“ROU”), net	3,018	3,275
Goodwill	889	889
Core deposit intangible, net	484	548
Total assets	1,528,079	1,502,916
Liabilities and Stockholders' Equity
Noninterest-bearing deposits	111,768	119,944
Interest-bearing deposits	1,113,196	1,050,096
Total deposits	1,224,964	1,170,040
FHLB advances	120,000	145,000
Advance payments from borrowers for taxes and insurance	2,524	3,051
Lease liability, net	3,213	3,454
Accrued interest payable	2,045	328
Other liabilities	16,618	20,683
Total liabilities	1,369,364	1,342,556
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 9,148,086 shares at June 30, 2023, and 9,127,595 shares at December 31, 2022	92	91
Additional paid-in capital	72,544	72,424
Retained earnings	95,896	95,059
Accumulated other comprehensive loss, net of tax	(9,817)	(7,214)
Total stockholders' equity	158,715	160,360
Total liabilities and stockholders' equity	$ 1,528,079	$ 1,502,916

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Statement of Financial Position [Abstract]
Loans receivable, allowance	$ 15,606	$ 15,227
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 par value per share (in usd per share)	$ 0.01	$ 0.01
Common stock shares authorized (in shares)	90,000,000	90,000,000
Common stock shares issued (in shares)	9,148,086	9,127,595
Common stock shares outstanding (in shares)	9,148,086	9,127,595

Consolidated Income Statements

Consolidated Income Statements - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Interest income
Loans, including fees	$ 16,849	$ 12,273	$ 32,878	$ 24,274
Investment securities	2,108	1,156	4,212	1,987
Interest-earning deposits with banks	620	37	856	56
Dividends on FHLB stock	120	71	251	145
Total interest income	19,697	13,537	38,197	26,462
Interest expense
Deposits	8,590	1,398	14,922	2,655
FHLB advances and other borrowings	798	315	1,710	615
Total interest expense	9,388	1,713	16,632	3,270
Net interest income	10,309	11,824	21,565	23,192
Provision (recapture of provision) for credit losses	(247)	0	91	(500)
Net interest income after (recapture of provision) provision for credit losses	10,556	11,824	21,474	23,692
Noninterest income
BOLI income	274	251	582	539
Wealth management revenue, net	95	104	140	187
Deposit related fees	252	246	475	460
Loan related fees	44	354	136	553
Other income, net	133	6	130	11
Total noninterest income	798	961	1,463	1,750
Noninterest expense
Salaries and employee benefits	5,064	5,478	10,525	10,738
Occupancy and equipment	1,160	1,205	2,325	2,433
Professional fees	887	731	1,304	1,183
Data processing	711	692	1,397	1,369
Regulatory assessments	267	90	368	191
Insurance and bond premiums	115	113	245	242
Marketing	98	96	175	133
Other general and administrative	1,202	880	2,120	1,622
Total noninterest expense	9,504	9,285	18,459	17,911
Income before federal income tax provision	1,850	3,500	4,478	7,531
Federal income tax provision	362	692	868	1,463
Net income	$ 1,488	$ 2,808	$ 3,610	$ 6,068
Earnings per common share
Basic earnings per share (in dollars per share)	$ 0.16	$ 0.31	$ 0.39	$ 0.67
Diluted earnings per share (in dollars per share)	$ 0.16	$ 0.31	$ 0.39	$ 0.66
Weighted average number of common shares outstanding
Basic shares outstanding (in shares)	9,120,468	8,982,969	9,112,464	8,985,213
Diluted shares outstanding (in shares)	9,124,227	9,085,913	9,147,721	9,100,079

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income (Loss) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Statement of Comprehensive Income [Abstract]
Net income	$ 1,488	$ 2,808	$ 3,610	$ 6,068
Other comprehensive loss, before tax:
Unrealized holding losses on investments available-for-sale	(2,723)	(5,619)	(2,787)	(12,701)
Tax effect	572	1,180	585	2,667
Gains (losses) on cash flow hedges	1,042	1,917	(507)	6,387
Tax effect	(219)	(403)	106	(1,341)
Other comprehensive loss, net of tax	(1,328)	(2,925)	(2,603)	(4,988)
Total comprehensive income (loss)	$ 160	$ (117)	$ 1,007	$ 1,080

Consolidated Statements of Stoc

Consolidated Statements of Stockholders' Equity - USD ($) $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjustment	Common Stock	Additional Paid-in Capital	Retained Earnings	Retained Earnings Cumulative Effect, Period of Adoption, Adjustment	Accumulated Other Comprehensive Loss, net of tax	Unearned ESOP Shares
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	6,068				6,068
Other comprehensive income (loss), net of tax	$ (4,988)						(4,988)
Exercise of stock options (in shares)	4,481
Exercise of stock options	$ 48			48
Issuance of common stock - restricted stock awards, net (in shares)	32,212
Issuance of common stock - restricted stock awards, net(1)	$ 0		0	0
Compensation related to stock options and restricted stock awards	314			314
Allocation of ESOP shares	$ 942			378				564
Repurchase and retirement of common stock (in shares)	(57,711)
Repurchase and retirement of common stock	$ (977)		0	(977)
Canceled common stock - restricted stock awards (in shares)	(13,208)
Canceled common stock - restricted stock awards	$ (226)			(226)
Cash dividend declared and paid	$ (2,164)				(2,164)
Balances at end of period (in shares) at Jun. 30, 2022	9,091,533
Balances at end of period at Jun. 30, 2022	$ 156,896		91	71,835	90,066		(4,814)	(282)
Balances at beginning of period (in shares) at Mar. 31, 2022	9,107,977
Balances at beginning of period at Mar. 31, 2022	$ 157,757		91	71,780	88,339		(1,889)	(564)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	2,808				2,808
Other comprehensive income (loss), net of tax	$ (2,925)						(2,925)
Exercise of stock options (in shares)	2,481
Exercise of stock options	$ 27			27
Issuance of common stock - restricted stock awards, net (in shares)	(1,998)
Issuance of common stock - restricted stock awards, net(1)	$ 0		0
Compensation related to stock options and restricted stock awards	125			125
Allocation of ESOP shares	$ 467			185				282
Repurchase and retirement of common stock (in shares)	(16,927)
Repurchase and retirement of common stock	$ (282)		0	(282)
Cash dividend declared and paid	$ (1,081)				(1,081)
Balances at end of period (in shares) at Jun. 30, 2022	9,091,533
Balances at end of period at Jun. 30, 2022	$ 156,896		91	71,835	90,066		(4,814)	$ (282)
Balances at beginning of period (in shares) at Dec. 31, 2022	9,127,595
Balances at beginning of period at Dec. 31, 2022	$ 160,360	$ (395)	91	72,424	95,059	$ 395	(7,214)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	3,610				3,610
Other comprehensive income (loss), net of tax	$ (2,603)						(2,603)
Exercise of stock options (in shares)	0
Issuance of common stock - restricted stock awards, net (in shares)	27,618
Issuance of common stock - restricted stock awards, net(1)	$ 1		1
Compensation related to stock options and restricted stock awards	$ 227			227
Canceled common stock - restricted stock awards (in shares)	(7,127)
Canceled common stock - restricted stock awards	$ (107)			(107)
Cash dividend declared and paid	$ (2,378)				(2,378)
Balances at end of period (in shares) at Jun. 30, 2023	9,148,086
Balances at end of period at Jun. 30, 2023	$ 158,715		92	72,544	95,896		(9,817)
Balances at beginning of period (in shares) at Mar. 31, 2023	9,148,086
Balances at beginning of period at Mar. 31, 2023	$ 159,645		92	72,445	95,597		(8,489)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	1,488				1,488
Other comprehensive income (loss), net of tax	$ (1,328)						(1,328)
Exercise of stock options (in shares)	0
Compensation related to stock options and restricted stock awards	$ 99			99
Cash dividend declared and paid	$ (1,189)				(1,189)
Balances at end of period (in shares) at Jun. 30, 2023	9,148,086
Balances at end of period at Jun. 30, 2023	$ 158,715		$ 92	$ 72,544	$ 95,896		$ (9,817)

Consolidated Statements of St_2

Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Statement of Stockholders' Equity [Abstract]
Allocated shares (in shares)		28,213		56,426
Dividends (usd per share)	$ 0.13	$ 0.12	$ 0.26	$ 0.26

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022
Cash flows from operating activities:
Net income	$ 3,610	$ 6,068
Adjustments to reconcile net income to net cash provided by operating activities:
(Recapture of provision) provision for credit losses	91	(500)
Net amortization of premiums and discounts on investments	268	462
Depreciation of premises and equipment	1,022	1,105
Loss on disposal of premises and equipment	2	0
Deferred federal income taxes	118	336
Allocation of ESOP shares	0	942
Stock compensation expense	227	314
BOLI income	(582)	(539)
Annuity income	(6)	(4)
Changes in operating assets and liabilities:
Prepaid expenses and other assets	(1,015)	(410)
ROU	365	345
Advance payments from borrowers for taxes and insurance	(527)	(239)
Accrued interest receivable	(177)	(453)
Lease liability	(349)	(323)
Accrued interest payable	1,717	3
Other liabilities	(4,250)	7,990
Net cash provided by operating activities	514	15,097
Cash flows from investing activities:
Proceeds from calls and maturities of investments available-for-sale	0	3,382
Principal repayments on investments available-for-sale	5,796	9,841
Purchases of investments available-for-sale	0	(68,264)
Net increase in loans receivable	(5,233)	(15,834)
Redemption (purchase) of FHLB stock	909	(47)
Purchase of premises and equipment	(115)	(520)
Purchase of BOLI	(54)	(70)
Net cash provided by (used in) investing activities	1,303	(71,512)
Cash flows from financing activities:
Net increase in deposits	54,924	21,995
Advances from the FHLB	131,000	35,000
Repayments of advances from the FHLB	(156,000)	(35,000)
Proceeds from stock options exercises	0	48
Net share settlement of stock awards	(106)	(226)
Repurchase and retirement of common stock	0	(977)
Dividends paid	(2,378)	(2,164)
Net cash provided by financing activities	27,440	18,676
Cash and cash equivalents:
Net decrease in cash and cash equivalents	29,257	(37,739)
Cash and cash equivalents at beginning of period	24,320	73,391
Cash and cash equivalents at end of period	53,577	35,652
Cash paid during the period for:
Interest paid	14,915	3,267
Federal income taxes paid	1,820	1,270
Noncash items:
Change in unrealized loss on investments available-for-sale	(2,787)	(12,701)
Change in unrealized gain on cash flow hedges	(507)	6,387
Initial recognition of ROU	108	0
Initial recognition of lease liability	108	0
Stockholders' equity	$ (158,715)	$ (156,896)

Description of Business

Description of Business	6 Months Ended
	Jun. 30, 2023
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 which was completed on October 9, 2007. First Financial Northwest’s business activities generally are limited to passive investment activities and oversight of its investment in the Bank. Accordingly, the information presented in the consolidated financial statements and accompanying data, relates primarily to the 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. The Bank is regulated by the Federal Deposit Insurance Corporation (“FDIC”) and the Washington State Department of Financial Institutions (“DFI”). At June 30, 2023, the Bank operated in 15 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	6 Months Ended
	Jun. 30, 2023
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, 2022, as filed with the SEC (“2022 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 six months ended June 30, 2023, are not necessarily indicative of the results that may be expected for the year ending December 31, 2023. 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 credit losses (“ACL”), the valuation of other real estate owned (“OREO”) and the underlying collateral of individually analyzed 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	6 Months Ended
	Jun. 30, 2023
Accounting Policies [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 incurred loss methodology that delays recognition until it is probable a loss has been incurred with an expected loss methodology that is referred to as the current expected credit loss (“CECL”) methodology. 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. ASU 2019-05 issued in April 2019 further provides that entities that have certain financial instruments measured at amortized cost that have credit losses, to irrevocably elect the fair value option in Subtopic 825-10, upon adoption of Topic 326. The fair value option applies to available-for-sale debt securities. This ASU is effective 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. On January 1, 2023, the Company adopted this ASU, which resulted in a net of tax charge of $395,000 to retained earnings, and a $500,000 increase to allowance for credit losses for the cumulative effect of adopting this guidance. The impact that the transition to CECL had on the expected credit losses on unfunded commitments was deemed to be immaterial. 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 Company was no longer initiating or renewing loans using LIBOR as an index. The Company holds derivative instruments that use LIBOR as the reference rate that will be impacted by the discontinuance of LIBOR on June 30, 2023. These financial instruments will transition to new reference rates. 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. On January 1, 2023, the Company adopted this ASU at the same time ASU 2016-13 was adopted. The Company had no loans modified for borrowers experiencing financial difficulty during the six months ended June 30, 2023. The Company had a $22,000 gross write off in consumer loans since the adoption of this ASU and the write off was included in the table with the summary of loans by type and risk category at June 30, 2023, in Note 5.

Investments

Investments	6 Months Ended
	Jun. 30, 2023
Investments [Abstract]
Investments	Investments Investments available-for-sale are summarized as follows at the dates indicated: June 30, 2023 Amortized Gross Gross Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 11,677 $ — $ (1,864) $ 9,813 Freddie Mac 13,652 — (1,921) 11,731 Ginnie Mae 28,633 — (1,639) 26,994 Other 32,367 — (2,020) 30,347 Municipal bonds 36,770 17 (5,398) 31,389 U.S. Government agencies 73,764 4 (1,924) 71,844 Corporate bonds 33,000 — (6,191) 26,809 Total $ 229,863 $ 21 $ (20,957) $ 208,927 December 31, 2022 Amortized Gross Gross Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 11,800 $ — $ (1,860) $ 9,940 Freddie Mac 13,720 — (1,831) 11,889 Ginnie Mae 29,426 18 (1,601) 27,843 Other 34,295 — (1,906) 32,389 Municipal bonds 36,968 17 (6,102) 30,883 U.S. Government agencies 76,718 6 (2,370) 74,354 Corporate bonds 33,000 — (2,520) 30,480 Total $ 235,927 $ 41 $ (18,190) $ 217,778 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 June 30, 2023 and December 31, 2022. 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: June 30, 2023 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 $ 2,086 $ (43) $ 7,727 $ (1,821) $ 9,813 $ (1,864) Freddie Mac 1,620 (93) 10,112 (1,828) 11,731 (1,921) Ginnie Mae 11,465 (50) 15,529 (1,589) 26,994 (1,639) Other 12,003 (838) 18,344 (1,181) 30,347 (2,020) Municipal bonds 3,631 (48) 25,968 (5,350) 29,599 (5,398) U.S. Government agencies 2,762 (18) 68,714 (1,906) 71,477 (1,924) Corporate bonds 6,724 (276) 20,085 (5,915) 26,809 (6,191) Total $ 40,291 $ (1,366) $ 166,479 $ (19,590) $ 206,770 $ (20,957) December 31, 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 $ 6,710 $ (1,073) $ 3,226 $ (787) $ 9,936 $ (1,860) Freddie Mac 4,677 (272) 6,476 (1,559) 11,153 (1,831) Ginnie Mae 7,645 (310) 13,714 (1,291) 21,359 (1,601) Other 27,430 (1,614) 4,959 (292) 32,389 (1,906) Municipal bonds 7,892 (680) 20,901 (5,422) 28,793 (6,102) U.S. Government agencies 43,664 (1,184) 30,224 (1,186) 73,888 (2,370) Corporate bonds 17,241 (1,259) 13,239 (1,261) 30,480 (2,520) Total $ 115,259 $ (6,392) $ 92,739 $ (11,798) $ 207,998 $ (18,190) Available-for-sale (“AFS”) debt securities are considered impaired if the fair value is less than the amortized cost. On a quarterly basis, management evaluates impaired debt securities to determine if an allowance for credit losses is required. If it is determined that a credit loss exists, the credit loss on a debt security is measured as the difference between the amortized cost and the present value of the cash flows expected to be collected, limited by the amount of the impairment. For impaired debt securities that the Company does not intend to sell and it is not likely that it will be required to sell but does not expect to recover the entire security’s amortized cost basis, only the portion of the impairment representing a credit loss would be recognized in earnings. 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 would be recognized through earnings. The Company considers many factors including the severity and duration of the impairment, economic circumstances, recent events specific to the issuer or industry, and for debt securities, external credit ratings and recent rating updates. Projected cash flows are discounted by the original or current effective interest rate depending on the nature of the debt security being measured for a potential credit loss. The remaining impairment related to all other factors is recognized as a charge to other comprehensive income (“OCI”). The Company had 127 securities and 123 securities in an unrealized loss position, with 103 and 62 of these securities in an unrealized loss position for 12 months or more, at June 30, 2023, and December 31, 2022, respectively. Management does not believe that the unrealized losses at June 30, 2023 and December 31, 2022 were related to credit losses. The declines in fair market value of these securities were mainly attributed to changes in market interest rates, credit spreads, market volatility and liquidity conditions. Currently, the Company does not intend to sell, and it is not more likely than not that the Company will be required to sell the positions before their recovery of the amortized cost basis, which may be at maturity. As such, no allowance for credit losses was recorded with respect to AFS securities for the three and six months ended June 30, 2023. The amortized cost and estimated fair value of investments available-for-sale at June 30, 2023, 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. June 30, 2023 Amortized Cost Fair Value (In thousands) Due within one year $ 39,721 $ 38,823 Due after one year through five years 10,535 10,064 Due after five years through ten years 31,157 24,681 Due after ten years 62,121 56,474 143,534 130,042 Mortgage-backed investments 86,329 78,885 Total $ 229,863 $ 208,927 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 $26.7 million and $21.0 million were pledged as collateral for public deposits at June 30, 2023, and December 31, 2022, respectively, both of which exceeded the collateral requirements established by the Washington Public Deposit Protection Commission. For the three and six months ended June 30, 2023, there were no calls, sales or maturities of investment securities. For the three and six months ended June 30, 2022, there were $1.0 million and $3.4 million, respectively, in calls and maturities on investment securities with no gain or loss generated. 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 June 30, 2023, 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 and Allowance

Loans Receivable and Allowance for Credit Losses	6 Months Ended
	Jun. 30, 2023
Receivables [Abstract]
Loans Receivable and Allowance for Credit Losses	Loans Receivable and Allowance for Credit Losses Loans receivable are summarized as follows at the dates indicated: June 30, 2023 December 31, 2022 (In thousands) One-to-four family residential: Permanent owner occupied $ 246,585 $ 232,869 Permanent non-owner occupied 235,008 241,311 481,593 474,180 Multifamily 141,413 126,866 Commercial real estate 406,356 407,904 Construction/land: One-to-four family residential 47,168 52,492 Multifamily 547 15,393 Land 10,113 9,759 57,828 77,644 Business 27,427 31,363 Consumer 72,905 64,353 Total loans receivable, gross 1,187,522 1,182,310 Less: ACL (1) 15,606 15,227 Total loans receivable, net $ 1,171,916 $ 1,167,083 (1) Allowance for credit losses on loans at December 31, 2022 was reported under the incurred loss method. At June 30, 2023, loans totaling $655.7 million were pledged to secure borrowings from the FHLB compared to $605.0 million at December 31, 2022. In addition, loans totaling $73.9 million and $87.7 million were pledged to the Federal Reserve Bank of San Francisco to secure a line of credit at June 30, 2023 and December 31, 2022, 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 identify 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 Company. 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. Management considers the guidance in ASC 310-20 when determining whether a modification, extension, or renewal of loan constitutes a current period origination. As of June 30, 2023, and December 31, 2022, the Company had no loans rated as doubtful or loss. The following tables represent a summary of loans at June 30, 2023, and December 31, 2022 by type and risk category: June 30, 2023 Term Loans by Year of Origination 2023 2022 2021 2020 2019 Prior Total Loans (In thousands) One-to-four family residential Pass $ 34,670 $ 150,427 $ 98,029 $ 65,524 $ 32,813 $ 98,507 $ 479,970 Watch — — — — — 616 616 Special mention — — — — — 1,007 1,007 Substandard — — — — — — — Total one-to-four family residential $ 34,670 $ 150,427 $ 98,029 $ 65,524 $ 32,813 $ 100,130 $ 481,593 Current period gross write-offs $ — $ — $ — $ — $ — $ — $ — Multifamily Pass $ 1,154 $ 7,864 $ 22,998 $ 43,715 $ 29,531 $ 32,275 $ 137,537 Watch — — — — — 2,266 2,266 Special mention — — — — — — — Substandard — — — — — 1,610 1,610 Total multifamily $ 1,154 $ 7,864 $ 22,998 $ 43,715 $ 29,531 $ 36,151 $ 141,413 Current period gross write-offs $ — $ — $ — $ — $ — $ — $ — Commercial Pass $ 19,114 $ 35,414 $ 83,336 $ 70,438 $ 22,235 $ 109,970 $ 340,507 Watch — — 4,160 8,730 — 3,839 16,729 Special mention — — — — — 4,645 4,645 Substandard — — — 527 1,295 42,653 44,475 Total commercial real estate $ 19,114 $ 35,414 $ 87,496 $ 79,695 $ 23,530 $ 161,107 $ 406,356 Current period gross write-offs $ — $ — $ — $ — $ — $ — $ — (Continued) June 30, 2023 Term Loans by Year of Origination 2023 2022 2021 2020 2019 Prior Total Loans (In thousands) Construction/land Pass $ 2,636 $ 29,812 $ 24,970 $ — $ 410 $ — $ 57,828 Watch — — — — — — — Special mention — — — — — — — Substandard — — — — — — — Total construction/land $ 2,636 $ 29,812 $ 24,970 $ — $ 410 $ — $ 57,828 Current period gross write-offs $ — $ — $ — $ — $ — $ — $ — Business Pass $ 1,456 $ 4,972 $ 471 $ 1,562 $ 1,706 $ 17,260 $ 27,427 Watch — — — — — — — Special mention — — — — — — — Substandard — — — — — — — Total business $ 1,456 $ 4,972 $ 471 $ 1,562 $ 1,706 $ 17,260 $ 27,427 Current period gross write-offs $ — $ — $ — $ — $ — $ — $ — Consumer Pass $ 16,917 $ 28,608 $ 11,829 $ 6,389 $ 5,423 $ 3,487 $ 72,653 Watch — 28 — — 23 — 51 Special mention — — — — — — — Substandard — — 201 — — — 201 Total consumer $ 16,917 $ 28,636 $ 12,030 $ 6,389 $ 5,446 $ 3,487 $ 72,905 Current period gross write-offs $ — $ — $ — $ — $ 22 $ — $ 22 Total loans receivable, gross Pass $ 75,947 $ 257,097 $ 241,633 $ 187,628 $ 92,118 $ 261,499 $ 1,115,922 Watch — 28 4,160 8,730 23 6,721 19,662 Special mention — — — — — 5,652 5,652 Substandard — — 201 527 1,295 44,263 46,286 Total loans $ 75,947 $ 257,125 $ 245,994 $ 196,885 $ 93,436 $ 318,135 $ 1,187,522 December 31, 2022 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Risk Rating: Pass, grade 1-4 $ 473,700 $ 122,972 $ 342,827 $ 78,120 $ 31,371 $ 61,632 $ 1,110,622 Pass, grade 5 (watch) 1,113 2,291 14,845 — — 27 18,276 Special mention 1,023 — 4,668 — — 203 5,894 Substandard — 1,632 45,542 — — 193 47,367 Total loans $ 475,836 $ 126,895 $ 407,882 $ 78,120 $ 31,371 $ 62,055 $ 1,182,159 ACL . ACL is a valuation account that is deducted from the loans amortized cost basis to present the net amount expected to be collected on the loans. Loans are charged off against the ACL when management believes the non-collectability of a loan balance is confirmed. Expected recoveries may not exceed the aggregate amounts previously charged-off and expected to be charged-off. The allowance for credit losses, as reported in our consolidated statements of financial conditions, is adjusted by a provision for credit losses, which is reported in earnings, and reduced by the charge-offs of loan amounts, net of recoveries. 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 Company 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 allowance is subject to review by bank regulators, who can require the establishment of additional allowances for credit losses. At June 30, 2023, total loans receivable included $629,000 of loans originated under the Small Business Administration (“SBA”) Paycheck Protection Program (“PPP”) compared to $784,000 at December 31, 2022. 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. Activity in the ACL for loans and the allowance for unfunded commitments was as follows: Three Months Ended June 30, Six Months Ended June 30, 2023 2023 ACL - loans: Beginning balance $ 16,028 $ 15,227 Adjustment for adoption of Topic 326 — 500 Charge-offs (22) (22) Recoveries — 1 Recapture of provision for credit losses (400) (100) Ending balance $ 15,606 $ 15,606 Allowance for unfunded commitments: Beginning balance $ 286 $ 248 Provision for credit losses 153 191 Ending balance $ 439 $ 439 Provision for credit losses: ACL - loans $ (400) $ (100) Allowance for unfunded commitments 153 191 Total $ (247) $ 91 The following tables detail activity in the ACL on loans at or for the three and six months ended June 30, 2023, and in the allowance for loan and lease losses (“ALLL”) under the incurred loss methodology for the three and six months ended June 30, 2022, by loan category: At or For the Three Months Ended June 30, 2023 One-to-Four Multifamily Commercial Real Estate Construction/ Business Consumer Total (In thousands) ACL: Beginning balance $ 5,611 $ 1,607 $ 4,496 $ 1,793 $ 413 $ 2,108 $ 16,028 Charge-offs — — — — — (22) (22) Recoveries — — — — — — — Recapture (37) (25) (129) (129) (66) (14) (400) Ending balance $ 5,574 $ 1,582 $ 4,367 $ 1,664 $ 347 $ 2,072 $ 15,606 At or For the Six Months Ended June 30, 2023 One-to-Four Multifamily Commercial Real Estate Construction/ Business Consumer Total (In thousands) ACL: Beginning balance $ 4,043 $ 1,210 $ 5,397 $ 1,717 $ 948 $ 1,912 $ 15,227 Adjustment for adoption of Topic 326 1,520 83 (970) 408 (510) (31) 500 Charge-offs — — — — — (22) (22) Recoveries 1 — — — — — 1 Provision (recapture) 10 289 (60) (461) (91) 213 (100) Ending balance $ 5,574 $ 1,582 $ 4,367 $ 1,664 $ 347 $ 2,072 $ 15,606 At or For the Three Months Ended June 30, 2022 One-to-Four Multifamily Commercial Real Estate Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,475 $ 1,455 $ 6,315 $ 1,642 $ 781 $ 1,491 $ 15,159 Charge-offs — — — — — (37) (37) Recoveries 3 — — — — — 3 Provision (recapture) 214 (159) (128) (285) 217 141 — Ending balance $ 3,692 $ 1,296 $ 6,187 $ 1,357 $ 998 $ 1,595 $ 15,125 At or For the Six Months Ended June 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 5 — — — — — 5 Provision (recapture) 473 17 (428) (707) (114) 259 (500) Ending balance $ 3,692 $ 1,296 $ 6,187 $ 1,357 $ 998 $ 1,595 $ 15,125 ALLL by category: General allowance $ 3,676 $ 1,296 $ 6,187 $ 1,357 $ 998 $ 1,595 $ 15,109 Specific allowance 16 — — — — — 16 Loans: Total loans $ 436,754 $ 135,961 $ 412,693 $ 64,347 $ 33,692 $ 51,603 $ 1,135,050 Loans collectively evaluated for impairment 434,672 134,310 372,743 64,347 33,692 51,603 1,091,367 Loans individually evaluated for impairment 2,082 1,651 39,950 — — — 43,683 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 June 30, 2023, loans past due were $376,000, representing 0.03% of total loans receivable. In comparison, past due loans totaled $220,000, representing 0.02% of total loans receivable at December 31, 2022. The following tables present a summary of the aging of loans by type at the dates indicated: Loans Past Due as of June 30, 2023 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 $ — $ 69 $ — $ 69 $ 246,516 $ 246,585 Non-owner occupied 25 — — 25 234,983 235,008 Multifamily — — — — 141,413 141,413 Commercial real estate — — — — 406,356 406,356 Construction/land — — — 57,828 57,828 Total real estate 25 69 — 94 1,087,096 1,087,190 Business — — — — 27,427 27,427 Consumer 81 — 201 282 72,623 72,905 Total loans $ 106 $ 69 $ 201 $ 376 $ 1,187,146 $ 1,187,522 ________________ (1) There were no loans 90 days and greater past due and still accruing interest at June 30, 2023. Loans Past Due as of December 31, 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 $ — $ — $ — $ — $ 233,785 $ 233,785 Non-owner occupied 27 — — 27 242,024 242,051 Multifamily — — — — 126,895 126,895 Commercial real estate — — — — 407,882 407,882 Construction/land — — — — 78,120 78,120 Total real estate 27 — — 27 1,088,706 1,088,733 Business — — — — 31,371 31,371 Consumer — — 193 193 61,862 62,055 Total loans $ 27 $ — $ 193 $ 220 $ 1,181,939 $ 1,182,159 _________________ (1) There were no loans 90 days and greater past due and still accruing interest at December 31, 2022. Nonperforming Loans. When a loan becomes 90 days past due, the Company 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. Nonaccrual loans were $201,000 at June 30, 2023 and $193,000 at December 31, 2022. The following tables summarize the loan portfolio by type and payment status at the dates indicated: June 30, 2023 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Performing (1) $ 481,593 $ 141,413 $ 406,356 $ 57,828 $ 27,427 $ 72,704 $ 1,187,321 Nonperforming — — — — — 201 201 Total loans $ 481,593 $ 141,413 $ 406,356 $ 57,828 $ 27,427 $ 72,905 $ 1,187,522 _____________ (1) There were $246.6 million of owner-occupied one-to-four family residential loans and $235.0 million of non-owner occupied one-to-four family residential loans classified as performing. December 31, 2022 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Performing (1) $ 475,836 $ 126,895 $ 407,882 $ 78,120 $ 31,371 $ 61,862 $ 1,181,966 Nonperforming — — — — — 193 193 Total loans $ 475,836 $ 126,895 $ 407,882 $ 78,120 $ 31,371 $ 62,055 $ 1,182,159 _____________ (1) There were $233.8 million of owner-occupied one-to-four family residential loans and $242.1 million of non-owner occupied one-to-four family residential loans classified as performing. Impaired Loans and Allowance for Loan Losses - Prior to the implementation of Financial Instruments - Credit Losses (Topic 326) on January 1, 2023, a loan was considered impaired when, based on current information and circumstances, the Company determines it was probable that it would be unable to collect all amounts due according to the contractual terms of the loan agreement, including scheduled interest payments. Factors considered in determining impairment included, but were not limited to, the financial condition of the borrower, the value of the underlying collateral and the status of the economy. Impaired loans were comprised of loans on nonaccrual, TDRs that were performing under their restructured terms, and loans that were 90 days or more past due but were still on accrual. The following table presents the amortized cost basis of collateral dependent loans by class as of June 30, 2023: June 30, 2023 (In thousands) Loans with related allowance: Multifamily $ 1,610 Commercial real estate 44,474 Total $ 46,084 The following table is a summary of information pertaining to impaired loans as of December 31, 2022: December 31, 2022 Recorded Investment (1) Unpaid Principal Balance (2) Related Allowance (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 174 $ 175 $ — Non-owner occupied 188 188 — Multifamily 1,632 1,632 — Commercial real estate 45,542 45,542 — Total 47,536 47,537 — Loans with an allowance: One-to-four family residential: Owner occupied 486 533 12 Non-owner occupied 512 512 1 Total 998 1,045 13 Total impaired loans: One-to-four family residential: Owner occupied 660 708 12 Non-owner occupied 700 700 1 Multifamily 1,632 1,632 — Commercial real estate 45,542 45,542 — Total $ 48,534 $ 48,582 $ 13 _________________ (1) Represents the loan balance less charge-offs. (2) Contractual loan principal balance. The following table presents the amortized cost basis of loans on nonaccrual status and loans 90 days or more past due and still accruing as of June 30, 2023: June 30, 2023 Nonaccrual with No ACL Nonaccrual with ACL Total Nonaccrual 90 Days or More Past Due and Still Accruing (In thousands) Consumer Loans $ 201 $ — $ 201 $ — Total $ 201 $ — $ 201 $ — The following table presents loans on nonaccrual status and loans 90 days or more past due and still accruing as of December 31, 2022: December 31, 2022 Nonaccrual with No ALLL Nonaccrual with ALLL Total Nonaccrual 90 Days or More Past Due and Still Accruing (In thousands) Consumer Loans $ 193 $ — $ 193 $ — Total $ 193 $ — $ 193 $ — The following table presents the average recorded investment in loans individually evaluated for impairment and the interest income recognized for the three and six months ended June 30, 2022: Three Months Ended June 30, 2022 Six Months Ended June 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 $ 177 $ 3 $ 177 $ 6 Non-owner occupied 904 15 908 30 Multifamily 1,656 17 1,104 34 Commercial real estate 40,062 426 38,051 835 Total 42,799 461 40,240 905 Loans with an allowance: One-to-four family residential: Owner occupied 491 7 492 14 Non-owner occupied 517 9 518 18 Total 1,008 16 1,010 32 Total impaired loans: One-to-four family residential: Owner occupied 668 10 669 20 Non-owner occupied 1,421 24 1,426 48 Multifamily 1,656 17 1,104 34 Commercial real estate 40,062 426 38,051 835 Total $ 43,807 $ 477 $ 41,250 $ 937 TDRs. On January 1, 2023,

Prepaid Expenses and Other Asse

Prepaid Expenses and Other Assets Included	6 Months Ended
	Jun. 30, 2023
Other Real Estate [Abstract]
Other Assets Disclosure	Prepaid Expenses and Other AssetsIncluded in “Prepaid expenses and other assets” is an investment that the Company has in a Fintech Focused Fund that is designed to help accelerate technology adoption at banks. This equity investment is held at fair value, as reported by the Fund. During the six months ended June 30, 2023, we contributed $150,000 to the Fund and recognized gains of $111,000. The Company has committed up to $1.0 million in capital for these investment funds, however, the Company is not obligated to fund these commitments prior to a capital call.

Fair Value

Fair Value	6 Months Ended
	Jun. 30, 2023
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. • Loans individually evaluated: The fair value of individually evaluated loans is based on an analysis utilizing expected cash flows discounted using the original effective interest rate, the observable market price of the loan, or the fair value of the collateral, less selling costs, for collateral-dependent loans as appropriate. • Derivatives: The fair value of derivatives is based on pricing models utilizing observable market data and discounted cash flow methodologies for which the determination of fair value may require significant management judgement or estimation. 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 June 30, 2023 and December 31, 2022: Fair Value Measurements at June 30, 2023 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 $ 9,813 $ — $ 9,813 $ — Freddie Mac 11,731 — 11,731 — Ginnie Mae 26,994 — 26,994 — Other 30,347 — 30,347 — Municipal bonds 31,389 — 31,389 — U.S. Government agencies 71,844 38,822 33,022 — Corporate bonds 26,809 — 26,809 — Total available-for-sale investments 208,927 38,822 170,105 — Derivative fair value asset 9,978 — 9,978 — Total $ 218,905 $ 38,822 $ 180,083 $ — Fair Value Measurements at December 31, 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) Assets: Investments available-for-sale: Mortgage-backed investments: Fannie Mae $ 9,940 $ — $ 9,940 $ — Freddie Mac 11,889 736 11,153 — Ginnie Mae 27,843 — 27,843 — Other 32,389 — 32,389 — Municipal bonds 30,883 — 30,883 — U.S. Government agencies 74,354 38,450 35,904 — Corporate bonds 30,480 — 30,480 — Total available-for-sale investments 217,778 39,186 178,592 — Derivative fair value asset 10,485 — 10,485 — Total $ 228,263 $ 39,186 $ 189,077 $ — 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 June 30, 2023 and December 31, 2022: Fair Value Measurements at June 30, 2023 Fair Value Quoted Prices in Significant Significant (In thousands) Collateral dependent loans included in loans receivable $ 46,084 $ — $ — $ 46,084 Total $ 46,084 $ — $ — $ 46,084 Fair Value Measurements at December 31, 2022 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans receivable, net) (1) $ 48,521 $ — $ — $ 48,521 Total $ 48,521 $ — $ — $ 48,521 _____________ (1) Total fair value of impaired loans is net of $13,000 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 June 30, 2023 and December 31, 2022: June 30, 2023 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Collateral dependent loans $ 46,084 Market approach Appraised value discounted by market or borrower conditions 0.0% - 16.5% (0.0%) December 31, 2022 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired loans $ 48,521 Market approach Appraised value discounted by market or borrower conditions 0.0% - 6.91% (0.06%) The carrying amounts and estimated fair values of financial instruments were as follows at the dates indicated: June 30, 2023 Estimated Fair Value Measurements Using: Carrying Value Fair Value Level 1 Level 2 Level 3 (In thousands) Financial Assets: Cash on hand and in banks $ 10,621 $ 10,621 $ 10,621 $ — $ — Interest-earning deposits with banks 42,956 42,956 42,956 — — Investments available-for-sale 208,927 208,927 38,822 170,105 — Investments held-to-maturity 2,444 2,444 — 2,444 — Loans receivable, net 1,171,916 1,108,192 — — 1,108,192 FHLB stock 6,603 6,603 — 6,603 — Accrued interest receivable 6,690 6,690 — 6,690 — Derivative fair value asset 9,978 9,978 — 9,978 — Financial Liabilities: Deposits 688,623 688,623 688,623 — — Certificates of deposit, retail 359,919 353,104 — 353,104 — Brokered deposits 176,422 176,286 — 176,286 — Advances from the FHLB 120,000 120,002 — 120,002 — Accrued interest payable 2,045 2,045 — 2,045 — December 31, 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 $ 7,722 $ 7,722 $ 7,722 $ — $ — Interest-earning deposits with banks 16,598 16,598 16,598 — — Investments available-for-sale 217,778 217,778 39,186 178,592 — Investments held-to-maturity 2,444 2,444 — 2,444 — Loans receivable, net 1,167,083 1,120,403 — — 1,120,403 FHLB stock 7,512 7,512 — 7,512 — Accrued interest receivable 6,513 6,513 — 6,513 — Derivative fair value asset 10,485 10,485 — 10,485 — Financial Liabilities: Deposits 782,600 782,600 782,600 — — Certificates of deposit, retail 262,554 254,004 — 254,004 — Certificates of deposit, brokered 124,886 124,843 — 124,843 — Advances from the FHLB 145,000 144,999 — 144,999 — Accrued interest payable 328 328 — 328 —

Leases

Leases	6 Months Ended
	Jun. 30, 2023
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 June 30, 2023, the Company had 13 operating leases for retail branch locations. The remaining lease terms range from 11 months to 7.6 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 June 30, 2023, the Company was committed to paying $73,000 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 six months ended June 30, 2023, and 2022. June 30, 2023 June 30, 2022 (Dollars in thousands) Lease expense, quarter-to-date $ 298 $ 297 Lease expense, year-to-date 583 565 ROU 3,018 3,301 Lease liability 3,213 3,482 Weighted average remaining term 5.1 years 6.0 years Weighted average discount rate 2.23 % 1.92 % The following table provides a reconciliation between the undiscounted minimum lease payments at June 30, 2023 and the discounted lease liability at that date: June 30, 2023 (In thousands) Due through one year $ 822 Due after one year through two years 728 Due after two years through three years 531 Due after three years through four years 306 Due after four years through five years 307 Due after five years 587 Total minimum lease payments 3,281 Less: present value discount 68 Lease liability $ 3,213

Derivatives

Derivatives	6 Months Ended
	Jun. 30, 2023
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 June 30, 2023, the cash flow hedges had a total notional amount of $95.0 million and consisted of rolling one-month or three-month FHLB advances that renew 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 June 30, 2023, a $10.0 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 $7.9 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 three and six months ended June 30, 2023 or 2022, 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 June 30, 2023 and December 31, 2022: Balance Sheet Location Fair Value at Fair Value at (In thousands) Interest rate swaps on FHLB debt Other Assets $ 9,978 $ 10,485 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 $ 823 $ 1,514 $ (401) $ 5,046

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
	Jun. 30, 2023
Share-Based Payment Arrangement, Noncash Expense [Abstract]
Stock-Based Compensation	Stock-Based Compensation In June 2016, First Financial Northwest’s shareholders approved the First Financial Northwest, Inc. 2016 Equity Incentive Plan (“2016 Plan”). This plan provides for the granting of incentive stock options (“ISO”), non-qualified stock options (“NQSO”), restricted stock and restricted stock units until June 2026. The 2016 Plan established 1,400,000 shares available to grant with a maximum of 400,000 of these shares available to grant as restricted stock awards. Each share issued as a restricted stock award counts as two shares towards the total shares available to award. As a result of the approval of the 2016 Plan, the First Financial Northwest, Inc. 2008 Equity Incentive Plan (“2008 Plan”) was frozen with no additional awards being made under the 2008 Plan. Restricted stock awards and stock options that were granted under the 2008 Plan are fully vested and unexercised options remain exercisable, subject to the provision of the 2008 Plan and the respective award agreements. At June 30, 2023, there were 914,598 total shares available for grant under the 2016 Plan, including 157,299 shares available to be granted as restricted stock. Under the 2016 Plan, the vesting date for each option award or restricted stock award is determined by an award committee and specified in the award agreement. In the case of restricted stock awards granted in lieu of cash payments of directors’ fees, the grant date is used as the vesting date unless the award agreement provides otherwise. For the three months ended June 30, 2023 and 2022, total compensation expense for awards granted under the 2016 Plan was $99,000 and $125,000, respectively, and the related income tax benefit was $21,000 and $26,000, respectively. For the six months ended June 30, 2023 and 2022, total compensation expense for awards granted under the 2016 Plan was $227,000 and $314,000, respectively, and the related income tax benefit was $48,000 and $66,000 respectively. Stock Options Under the 2008 Plan, stock option awards were granted with an exercise price equal to the market price of First Financial Northwest’s common stock at the grant date. These option awards have a vesting period of five years, with 20% vesting on the anniversary date of each grant date, and a contractual life of ten years. Any unexercised stock options expire ten years after the grant date, or sooner in the event of the award recipient’s death, disability or termination of service with the Company. At June 30, 2023, 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 June 30, 2023, 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 six months ended June 30, 2023, follows: For the Three Months Ended June 30, 2023 Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term in Years Aggregate Intrinsic Value Weighted-Average Grant Date Fair Value Outstanding at April 1, 2023 217,519 $ 11.20 $ 353,111 $ 4.10 Exercised — — Outstanding at June 30, 2023 217,519 11.20 0.94 104,584 4.10 Vested 217,519 11.20 0.94 104,584 4.10 Exercisable at June 30, 2023 217,519 11.20 0.94 104,584 4.10 For the Six Months Ended June 30, 2023 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, 2023 217,519 $ 11.20 $ 823,028 $ 4.10 Exercised — — — $ — Outstanding at June 30, 2023 217,519 11.20 0.94 104,584 4.10 Vested 217,519 11.20 0.94 104,584 4.10 Exercisable at June 30, 2023 217,519 11.20 0.94 104,584 4.10 As of June 30, 2023, there was no unrecognized compensation cost related to nonvested stock options. There were no stock options granted during the six months ended June 30, 2023. 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 six months ended June 30, 2023, follows: For the Three Months Ended June 30, 2023 Shares Weighted-Average Nonvested at April 1, 2023 27,618 $ 14.92 Nonvested at June 30, 2023 27,618 14.92 Expected to vest assuming a 3% forfeiture rate over the vesting term 26,789 14.92 For the Six Months Ended June 30, 2023 Shares Weighted-Average Nonvested at January 1, 2023 31,272 $ 16.93 Granted 27,618 14.92 Vested (31,272) 16.93 Nonvested at June 30, 2023 27,618 14.92 Expected to vest assuming a 3% forfeiture rate over the vesting term 26,789 14.92

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income	6 Months Ended
	Jun. 30, 2023
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 six months ended June 30, 2023 and 2022. Unrealized Losses on Available-for-Sale Securities Gains ( Losses) on Cash Flow Hedges Total (In thousands) Balance March 31, 2022 $ (6,599) $ 4,710 $ (1,889) Other comprehensive (loss) income before reclassifications (4,439) 1,514 (2,925) Net other comprehensive (loss) income (4,439) 1,514 (2,925) Balance June 30, 2022 $ (11,038) $ 6,224 $ (4,814) Balance December 31, 2021 $ (1,004) $ 1,178 $ 174 Other comprehensive (loss) income before reclassifications (10,034) 5,046 (4,988) Net other comprehensive (loss) income (10,034) 5,046 (4,988) Balance June 30, 2022 $ (11,038) $ 6,224 $ (4,814) Balance March 31, 2023 $ (15,548) $ 7,059 $ (8,489) Other comprehensive (loss) income before reclassifications (2,151) 823 (1,328) Net other comprehensive (loss) income (2,151) 823 (1,328) Balance June 30, 2023 $ (17,699) $ 7,882 $ (9,817) Balance December 31, 2022 $ (15,497) $ 8,283 $ (7,214) Other comprehensive loss before reclassifications (2,202) (401) (2,603) Net other comprehensive loss (2,202) (401) (2,603) Balance June 30, 2023 $ (17,699) $ 7,882 $ (9,817)

Earnings Per Share

Earnings Per Share	6 Months Ended
	Jun. 30, 2023
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 share is computed by dividing net earnings available to common shareholders by the weighted-average number of common shares outstanding during the period, excluding participating nonvested restricted shares. 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 June 30, Six Months Ended June 30, 2023 2022 2023 2022 (Dollars in thousands, except share data) Net income $ 1,488 $ 2,808 $ 3,610 $ 6,068 Less: Earnings allocated to participating securities (4) (9) (11) (20) Earnings allocated to common shareholders $ 1,484 $ 2,799 $ 3,599 $ 6,048 Basic weighted average common shares outstanding 9,120,468 8,982,969 9,112,464 8,985,213 Dilutive stock options 3,759 96,386 28,412 98,323 Dilutive restricted stock grants — 6,558 6,845 16,543 Diluted weighted average common shares outstanding 9,124,227 9,085,913 9,147,721 9,100,079 Basic earnings per share $ 0.16 $ 0.31 $ 0.39 $ 0.67 Diluted earnings per share $ 0.16 $ 0.31 $ 0.39 $ 0.66

Revenue Recognition

Revenue Recognition	6 Months Ended
	Jun. 30, 2023
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 six months ended June 30, 2023 and 2022: Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 (In thousands) BOLI change in cash surrender value (1) $ 274 $ 251 $ 582 $ 539 Wealth management revenue 95 104 140 187 Deposit related fees 89 84 161 157 Debit card and ATM fees 163 162 314 303 Loan related fees 44 354 136 553 Other 133 6 130 11 Total noninterest income $ 798 $ 961 $ 1,463 $ 1,750 _______________ (1) Not within scope of Topic 606 For both the three and six months ended June 30, 2023 and 2022, 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 Company 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 the Company’s 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 Company is used or when another financial institution’s customer uses the Company’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. Also included is income relating to our investment in a Fintech Focused Fund. Contract Balances

Subsequent Events

Subsequent Events	6 Months Ended
	Jun. 30, 2023
Subsequent Events [Abstract]
Subsequent Events	Subsequent EventsOn July 17, 2023, the Bank entered into two additional interest rate swap agreements with a qualified institution designated as cash flow hedge instruments. Under the terms of the agreements, the Bank pays a fixed interest rate and in return receives an interest payment based on SOFR, resetting monthly. Concurrently, the Bank borrowed fixed rate FHLB advances, which will be renewed monthly, as designated by the hedge agreement, at the fixed interest rate at that time. One agreement has a $15.0 million notional amount, a two year maturity and requires the Bank to pay a fixed rate of 4.57%. The second agreement also has a $15.0 million notional amount, a three year maturity and requires the Bank to pay a fixed rate of 4.15%.

Recently Issued Accounting Pr_2

Recently Issued Accounting Pronouncements (Policies)	6 Months Ended
	Jun. 30, 2023
Accounting Policies [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 incurred loss methodology that delays recognition until it is probable a loss has been incurred with an expected loss methodology that is referred to as the current expected credit loss (“CECL”) methodology. 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. ASU 2019-05 issued in April 2019 further provides that entities that have certain financial instruments measured at amortized cost that have credit losses, to irrevocably elect the fair value option in Subtopic 825-10, upon adoption of Topic 326. The fair value option applies to available-for-sale debt securities. This ASU is effective 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. On January 1, 2023, the Company adopted this ASU, which resulted in a net of tax charge of $395,000 to retained earnings, and a $500,000 increase to allowance for credit losses for the cumulative effect of adopting this guidance. The impact that the transition to CECL had on the expected credit losses on unfunded commitments was deemed to be immaterial. 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 Company was no longer initiating or renewing loans using LIBOR as an index. The Company holds derivative instruments that use LIBOR as the reference rate that will be impacted by the discontinuance of LIBOR on June 30, 2023. These financial instruments will transition to new reference rates. 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. On January 1, 2023, the Company adopted this ASU at the same time ASU 2016-13 was adopted. The Company had no loans modified for borrowers experiencing financial difficulty during the six months ended June 30, 2023. The Company had a $22,000 gross write off in consumer loans since the adoption of this ASU and the write off was included in the table with the summary of loans by type and risk category at June 30, 2023, in Note 5.

Investments (Tables)

Investments (Tables)	6 Months Ended
	Jun. 30, 2023
Investments [Abstract]
Available-for-sale Securities	Investments available-for-sale are summarized as follows at the dates indicated: June 30, 2023 Amortized Gross Gross Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 11,677 $ — $ (1,864) $ 9,813 Freddie Mac 13,652 — (1,921) 11,731 Ginnie Mae 28,633 — (1,639) 26,994 Other 32,367 — (2,020) 30,347 Municipal bonds 36,770 17 (5,398) 31,389 U.S. Government agencies 73,764 4 (1,924) 71,844 Corporate bonds 33,000 — (6,191) 26,809 Total $ 229,863 $ 21 $ (20,957) $ 208,927 December 31, 2022 Amortized Gross Gross Fair Value (In thousands) Mortgage-backed investments: Fannie Mae $ 11,800 $ — $ (1,860) $ 9,940 Freddie Mac 13,720 — (1,831) 11,889 Ginnie Mae 29,426 18 (1,601) 27,843 Other 34,295 — (1,906) 32,389 Municipal bonds 36,968 17 (6,102) 30,883 U.S. Government agencies 76,718 6 (2,370) 74,354 Corporate bonds 33,000 — (2,520) 30,480 Total $ 235,927 $ 41 $ (18,190) $ 217,778 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 June 30, 2023 and December 31, 2022.
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: June 30, 2023 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 $ 2,086 $ (43) $ 7,727 $ (1,821) $ 9,813 $ (1,864) Freddie Mac 1,620 (93) 10,112 (1,828) 11,731 (1,921) Ginnie Mae 11,465 (50) 15,529 (1,589) 26,994 (1,639) Other 12,003 (838) 18,344 (1,181) 30,347 (2,020) Municipal bonds 3,631 (48) 25,968 (5,350) 29,599 (5,398) U.S. Government agencies 2,762 (18) 68,714 (1,906) 71,477 (1,924) Corporate bonds 6,724 (276) 20,085 (5,915) 26,809 (6,191) Total $ 40,291 $ (1,366) $ 166,479 $ (19,590) $ 206,770 $ (20,957) December 31, 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 $ 6,710 $ (1,073) $ 3,226 $ (787) $ 9,936 $ (1,860) Freddie Mac 4,677 (272) 6,476 (1,559) 11,153 (1,831) Ginnie Mae 7,645 (310) 13,714 (1,291) 21,359 (1,601) Other 27,430 (1,614) 4,959 (292) 32,389 (1,906) Municipal bonds 7,892 (680) 20,901 (5,422) 28,793 (6,102) U.S. Government agencies 43,664 (1,184) 30,224 (1,186) 73,888 (2,370) Corporate bonds 17,241 (1,259) 13,239 (1,261) 30,480 (2,520) Total $ 115,259 $ (6,392) $ 92,739 $ (11,798) $ 207,998 $ (18,190)
Schedule of Available for sale Securities, Debt Maturities	The amortized cost and estimated fair value of investments available-for-sale at June 30, 2023, 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. June 30, 2023 Amortized Cost Fair Value (In thousands) Due within one year $ 39,721 $ 38,823 Due after one year through five years 10,535 10,064 Due after five years through ten years 31,157 24,681 Due after ten years 62,121 56,474 143,534 130,042 Mortgage-backed investments 86,329 78,885 Total $ 229,863 $ 208,927

Loans Receivable and Allowanc_2

Loans Receivable and Allowance for Credit Losses (Tables)	6 Months Ended
	Jun. 30, 2023
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	Loans receivable are summarized as follows at the dates indicated: June 30, 2023 December 31, 2022 (In thousands) One-to-four family residential: Permanent owner occupied $ 246,585 $ 232,869 Permanent non-owner occupied 235,008 241,311 481,593 474,180 Multifamily 141,413 126,866 Commercial real estate 406,356 407,904 Construction/land: One-to-four family residential 47,168 52,492 Multifamily 547 15,393 Land 10,113 9,759 57,828 77,644 Business 27,427 31,363 Consumer 72,905 64,353 Total loans receivable, gross 1,187,522 1,182,310 Less: ACL (1) 15,606 15,227 Total loans receivable, net $ 1,171,916 $ 1,167,083 (1) Allowance for credit losses on loans at December 31, 2022 was reported under the incurred loss method.
Financing Receivables, Summary of Loans by Type and Risk Category	As of June 30, 2023, and December 31, 2022, the Company had no loans rated as doubtful or loss. The following tables represent a summary of loans at June 30, 2023, and December 31, 2022 by type and risk category: June 30, 2023 Term Loans by Year of Origination 2023 2022 2021 2020 2019 Prior Total Loans (In thousands) One-to-four family residential Pass $ 34,670 $ 150,427 $ 98,029 $ 65,524 $ 32,813 $ 98,507 $ 479,970 Watch — — — — — 616 616 Special mention — — — — — 1,007 1,007 Substandard — — — — — — — Total one-to-four family residential $ 34,670 $ 150,427 $ 98,029 $ 65,524 $ 32,813 $ 100,130 $ 481,593 Current period gross write-offs $ — $ — $ — $ — $ — $ — $ — Multifamily Pass $ 1,154 $ 7,864 $ 22,998 $ 43,715 $ 29,531 $ 32,275 $ 137,537 Watch — — — — — 2,266 2,266 Special mention — — — — — — — Substandard — — — — — 1,610 1,610 Total multifamily $ 1,154 $ 7,864 $ 22,998 $ 43,715 $ 29,531 $ 36,151 $ 141,413 Current period gross write-offs $ — $ — $ — $ — $ — $ — $ — Commercial Pass $ 19,114 $ 35,414 $ 83,336 $ 70,438 $ 22,235 $ 109,970 $ 340,507 Watch — — 4,160 8,730 — 3,839 16,729 Special mention — — — — — 4,645 4,645 Substandard — — — 527 1,295 42,653 44,475 Total commercial real estate $ 19,114 $ 35,414 $ 87,496 $ 79,695 $ 23,530 $ 161,107 $ 406,356 Current period gross write-offs $ — $ — $ — $ — $ — $ — $ — (Continued) June 30, 2023 Term Loans by Year of Origination 2023 2022 2021 2020 2019 Prior Total Loans (In thousands) Construction/land Pass $ 2,636 $ 29,812 $ 24,970 $ — $ 410 $ — $ 57,828 Watch — — — — — — — Special mention — — — — — — — Substandard — — — — — — — Total construction/land $ 2,636 $ 29,812 $ 24,970 $ — $ 410 $ — $ 57,828 Current period gross write-offs $ — $ — $ — $ — $ — $ — $ — Business Pass $ 1,456 $ 4,972 $ 471 $ 1,562 $ 1,706 $ 17,260 $ 27,427 Watch — — — — — — — Special mention — — — — — — — Substandard — — — — — — — Total business $ 1,456 $ 4,972 $ 471 $ 1,562 $ 1,706 $ 17,260 $ 27,427 Current period gross write-offs $ — $ — $ — $ — $ — $ — $ — Consumer Pass $ 16,917 $ 28,608 $ 11,829 $ 6,389 $ 5,423 $ 3,487 $ 72,653 Watch — 28 — — 23 — 51 Special mention — — — — — — — Substandard — — 201 — — — 201 Total consumer $ 16,917 $ 28,636 $ 12,030 $ 6,389 $ 5,446 $ 3,487 $ 72,905 Current period gross write-offs $ — $ — $ — $ — $ 22 $ — $ 22 Total loans receivable, gross Pass $ 75,947 $ 257,097 $ 241,633 $ 187,628 $ 92,118 $ 261,499 $ 1,115,922 Watch — 28 4,160 8,730 23 6,721 19,662 Special mention — — — — — 5,652 5,652 Substandard — — 201 527 1,295 44,263 46,286 Total loans $ 75,947 $ 257,125 $ 245,994 $ 196,885 $ 93,436 $ 318,135 $ 1,187,522 December 31, 2022 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Risk Rating: Pass, grade 1-4 $ 473,700 $ 122,972 $ 342,827 $ 78,120 $ 31,371 $ 61,632 $ 1,110,622 Pass, grade 5 (watch) 1,113 2,291 14,845 — — 27 18,276 Special mention 1,023 — 4,668 — — 203 5,894 Substandard — 1,632 45,542 — — 193 47,367 Total loans $ 475,836 $ 126,895 $ 407,882 $ 78,120 $ 31,371 $ 62,055 $ 1,182,159
Schedule of Allowance for Loan and Lease Losses and Unfunded Commitments	Activity in the ACL for loans and the allowance for unfunded commitments was as follows: Three Months Ended June 30, Six Months Ended June 30, 2023 2023 ACL - loans: Beginning balance $ 16,028 $ 15,227 Adjustment for adoption of Topic 326 — 500 Charge-offs (22) (22) Recoveries — 1 Recapture of provision for credit losses (400) (100) Ending balance $ 15,606 $ 15,606 Allowance for unfunded commitments: Beginning balance $ 286 $ 248 Provision for credit losses 153 191 Ending balance $ 439 $ 439 Provision for credit losses: ACL - loans $ (400) $ (100) Allowance for unfunded commitments 153 191 Total $ (247) $ 91
Schedule of Allowance for Loan and Lease Losses, Roll Forward	The following tables detail activity in the ACL on loans at or for the three and six months ended June 30, 2023, and in the allowance for loan and lease losses (“ALLL”) under the incurred loss methodology for the three and six months ended June 30, 2022, by loan category: At or For the Three Months Ended June 30, 2023 One-to-Four Multifamily Commercial Real Estate Construction/ Business Consumer Total (In thousands) ACL: Beginning balance $ 5,611 $ 1,607 $ 4,496 $ 1,793 $ 413 $ 2,108 $ 16,028 Charge-offs — — — — — (22) (22) Recoveries — — — — — — — Recapture (37) (25) (129) (129) (66) (14) (400) Ending balance $ 5,574 $ 1,582 $ 4,367 $ 1,664 $ 347 $ 2,072 $ 15,606 At or For the Six Months Ended June 30, 2023 One-to-Four Multifamily Commercial Real Estate Construction/ Business Consumer Total (In thousands) ACL: Beginning balance $ 4,043 $ 1,210 $ 5,397 $ 1,717 $ 948 $ 1,912 $ 15,227 Adjustment for adoption of Topic 326 1,520 83 (970) 408 (510) (31) 500 Charge-offs — — — — — (22) (22) Recoveries 1 — — — — — 1 Provision (recapture) 10 289 (60) (461) (91) 213 (100) Ending balance $ 5,574 $ 1,582 $ 4,367 $ 1,664 $ 347 $ 2,072 $ 15,606 At or For the Three Months Ended June 30, 2022 One-to-Four Multifamily Commercial Real Estate Construction/ Business Consumer Total (In thousands) ALLL: Beginning balance $ 3,475 $ 1,455 $ 6,315 $ 1,642 $ 781 $ 1,491 $ 15,159 Charge-offs — — — — — (37) (37) Recoveries 3 — — — — — 3 Provision (recapture) 214 (159) (128) (285) 217 141 — Ending balance $ 3,692 $ 1,296 $ 6,187 $ 1,357 $ 998 $ 1,595 $ 15,125 At or For the Six Months Ended June 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 5 — — — — — 5 Provision (recapture) 473 17 (428) (707) (114) 259 (500) Ending balance $ 3,692 $ 1,296 $ 6,187 $ 1,357 $ 998 $ 1,595 $ 15,125 ALLL by category: General allowance $ 3,676 $ 1,296 $ 6,187 $ 1,357 $ 998 $ 1,595 $ 15,109 Specific allowance 16 — — — — — 16 Loans: Total loans $ 436,754 $ 135,961 $ 412,693 $ 64,347 $ 33,692 $ 51,603 $ 1,135,050 Loans collectively evaluated for impairment 434,672 134,310 372,743 64,347 33,692 51,603 1,091,367 Loans individually evaluated for impairment 2,082 1,651 39,950 — — — 43,683
Financing Receivables, Aging of Loans	The following tables present a summary of the aging of loans by type at the dates indicated: Loans Past Due as of June 30, 2023 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 $ — $ 69 $ — $ 69 $ 246,516 $ 246,585 Non-owner occupied 25 — — 25 234,983 235,008 Multifamily — — — — 141,413 141,413 Commercial real estate — — — — 406,356 406,356 Construction/land — — — 57,828 57,828 Total real estate 25 69 — 94 1,087,096 1,087,190 Business — — — — 27,427 27,427 Consumer 81 — 201 282 72,623 72,905 Total loans $ 106 $ 69 $ 201 $ 376 $ 1,187,146 $ 1,187,522 ________________ (1) There were no loans 90 days and greater past due and still accruing interest at June 30, 2023. Loans Past Due as of December 31, 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 $ — $ — $ — $ — $ 233,785 $ 233,785 Non-owner occupied 27 — — 27 242,024 242,051 Multifamily — — — — 126,895 126,895 Commercial real estate — — — — 407,882 407,882 Construction/land — — — — 78,120 78,120 Total real estate 27 — — 27 1,088,706 1,088,733 Business — — — — 31,371 31,371 Consumer — — 193 193 61,862 62,055 Total loans $ 27 $ — $ 193 $ 220 $ 1,181,939 $ 1,182,159 _________________ (1) There were no loans 90 days and greater past due and still accruing interest at December 31, 2022.
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: June 30, 2023 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Performing (1) $ 481,593 $ 141,413 $ 406,356 $ 57,828 $ 27,427 $ 72,704 $ 1,187,321 Nonperforming — — — — — 201 201 Total loans $ 481,593 $ 141,413 $ 406,356 $ 57,828 $ 27,427 $ 72,905 $ 1,187,522 _____________ (1) There were $246.6 million of owner-occupied one-to-four family residential loans and $235.0 million of non-owner occupied one-to-four family residential loans classified as performing. December 31, 2022 One-to-Four Multifamily Commercial Construction/ Business Consumer Total (In thousands) Performing (1) $ 475,836 $ 126,895 $ 407,882 $ 78,120 $ 31,371 $ 61,862 $ 1,181,966 Nonperforming — — — — — 193 193 Total loans $ 475,836 $ 126,895 $ 407,882 $ 78,120 $ 31,371 $ 62,055 $ 1,182,159 _____________ (1) There were $233.8 million of owner-occupied one-to-four family residential loans and $242.1 million of non-owner occupied one-to-four family residential loans classified as performing.
Schedule of Impaired Financing Receivables	The following table presents the amortized cost basis of collateral dependent loans by class as of June 30, 2023: June 30, 2023 (In thousands) Loans with related allowance: Multifamily $ 1,610 Commercial real estate 44,474 Total $ 46,084 The following table is a summary of information pertaining to impaired loans as of December 31, 2022: December 31, 2022 Recorded Investment (1) Unpaid Principal Balance (2) Related Allowance (In thousands) Loans with no related allowance: One-to-four family residential: Owner occupied $ 174 $ 175 $ — Non-owner occupied 188 188 — Multifamily 1,632 1,632 — Commercial real estate 45,542 45,542 — Total 47,536 47,537 — Loans with an allowance: One-to-four family residential: Owner occupied 486 533 12 Non-owner occupied 512 512 1 Total 998 1,045 13 Total impaired loans: One-to-four family residential: Owner occupied 660 708 12 Non-owner occupied 700 700 1 Multifamily 1,632 1,632 — Commercial real estate 45,542 45,542 — Total $ 48,534 $ 48,582 $ 13 _________________ (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 six months ended June 30, 2022: Three Months Ended June 30, 2022 Six Months Ended June 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 $ 177 $ 3 $ 177 $ 6 Non-owner occupied 904 15 908 30 Multifamily 1,656 17 1,104 34 Commercial real estate 40,062 426 38,051 835 Total 42,799 461 40,240 905 Loans with an allowance: One-to-four family residential: Owner occupied 491 7 492 14 Non-owner occupied 517 9 518 18 Total 1,008 16 1,010 32 Total impaired loans: One-to-four family residential: Owner occupied 668 10 669 20 Non-owner occupied 1,421 24 1,426 48 Multifamily 1,656 17 1,104 34 Commercial real estate 40,062 426 38,051 835 Total $ 43,807 $ 477 $ 41,250 $ 937
Financing Receivable, Modified	The following table presents the amortized cost basis of loans on nonaccrual status and loans 90 days or more past due and still accruing as of June 30, 2023: June 30, 2023 Nonaccrual with No ACL Nonaccrual with ACL Total Nonaccrual 90 Days or More Past Due and Still Accruing (In thousands) Consumer Loans $ 201 $ — $ 201 $ — Total $ 201 $ — $ 201 $ — The following table presents loans on nonaccrual status and loans 90 days or more past due and still accruing as of December 31, 2022: December 31, 2022 Nonaccrual with No ALLL Nonaccrual with ALLL Total Nonaccrual 90 Days or More Past Due and Still Accruing (In thousands) Consumer Loans $ 193 $ — $ 193 $ — Total $ 193 $ — $ 193 $ —

Fair Value (Tables)

Fair Value (Tables)	6 Months Ended
	Jun. 30, 2023
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 June 30, 2023 and December 31, 2022: Fair Value Measurements at June 30, 2023 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 $ 9,813 $ — $ 9,813 $ — Freddie Mac 11,731 — 11,731 — Ginnie Mae 26,994 — 26,994 — Other 30,347 — 30,347 — Municipal bonds 31,389 — 31,389 — U.S. Government agencies 71,844 38,822 33,022 — Corporate bonds 26,809 — 26,809 — Total available-for-sale investments 208,927 38,822 170,105 — Derivative fair value asset 9,978 — 9,978 — Total $ 218,905 $ 38,822 $ 180,083 $ — Fair Value Measurements at December 31, 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) Assets: Investments available-for-sale: Mortgage-backed investments: Fannie Mae $ 9,940 $ — $ 9,940 $ — Freddie Mac 11,889 736 11,153 — Ginnie Mae 27,843 — 27,843 — Other 32,389 — 32,389 — Municipal bonds 30,883 — 30,883 — U.S. Government agencies 74,354 38,450 35,904 — Corporate bonds 30,480 — 30,480 — Total available-for-sale investments 217,778 39,186 178,592 — Derivative fair value asset 10,485 — 10,485 — Total $ 228,263 $ 39,186 $ 189,077 $ —
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 June 30, 2023 and December 31, 2022: Fair Value Measurements at June 30, 2023 Fair Value Quoted Prices in Significant Significant (In thousands) Collateral dependent loans included in loans receivable $ 46,084 $ — $ — $ 46,084 Total $ 46,084 $ — $ — $ 46,084 Fair Value Measurements at December 31, 2022 Fair Value Quoted Prices in Significant Significant (In thousands) Impaired loans (included in loans receivable, net) (1) $ 48,521 $ — $ — $ 48,521 Total $ 48,521 $ — $ — $ 48,521 _____________ (1) Total fair value of impaired loans is net of $13,000 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 June 30, 2023 and December 31, 2022: June 30, 2023 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Collateral dependent loans $ 46,084 Market approach Appraised value discounted by market or borrower conditions 0.0% - 16.5% (0.0%) December 31, 2022 Fair Value Valuation Technique Unobservable Input(s) Range (Weighted Average) (Dollars in thousands) Impaired loans $ 48,521 Market approach Appraised value discounted by market or borrower conditions 0.0% - 6.91% (0.06%)
Fair Value, by Balance Sheet Grouping	The carrying amounts and estimated fair values of financial instruments were as follows at the dates indicated: June 30, 2023 Estimated Fair Value Measurements Using: Carrying Value Fair Value Level 1 Level 2 Level 3 (In thousands) Financial Assets: Cash on hand and in banks $ 10,621 $ 10,621 $ 10,621 $ — $ — Interest-earning deposits with banks 42,956 42,956 42,956 — — Investments available-for-sale 208,927 208,927 38,822 170,105 — Investments held-to-maturity 2,444 2,444 — 2,444 — Loans receivable, net 1,171,916 1,108,192 — — 1,108,192 FHLB stock 6,603 6,603 — 6,603 — Accrued interest receivable 6,690 6,690 — 6,690 — Derivative fair value asset 9,978 9,978 — 9,978 — Financial Liabilities: Deposits 688,623 688,623 688,623 — — Certificates of deposit, retail 359,919 353,104 — 353,104 — Brokered deposits 176,422 176,286 — 176,286 — Advances from the FHLB 120,000 120,002 — 120,002 — Accrued interest payable 2,045 2,045 — 2,045 — December 31, 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 $ 7,722 $ 7,722 $ 7,722 $ — $ — Interest-earning deposits with banks 16,598 16,598 16,598 — — Investments available-for-sale 217,778 217,778 39,186 178,592 — Investments held-to-maturity 2,444 2,444 — 2,444 — Loans receivable, net 1,167,083 1,120,403 — — 1,120,403 FHLB stock 7,512 7,512 — 7,512 — Accrued interest receivable 6,513 6,513 — 6,513 — Derivative fair value asset 10,485 10,485 — 10,485 — Financial Liabilities: Deposits 782,600 782,600 782,600 — — Certificates of deposit, retail 262,554 254,004 — 254,004 — Certificates of deposit, brokered 124,886 124,843 — 124,843 — Advances from the FHLB 145,000 144,999 — 144,999 — Accrued interest payable 328 328 — 328 —

Leases (Tables)

Leases (Tables)	6 Months Ended
	Jun. 30, 2023
Leases [Abstract]
Components of Operating Leases	The following table includes details on these items at and for the six months ended June 30, 2023, and 2022. June 30, 2023 June 30, 2022 (Dollars in thousands) Lease expense, quarter-to-date $ 298 $ 297 Lease expense, year-to-date 583 565 ROU 3,018 3,301 Lease liability 3,213 3,482 Weighted average remaining term 5.1 years 6.0 years Weighted average discount rate 2.23 % 1.92 %
Maturity of Leases	The following table provides a reconciliation between the undiscounted minimum lease payments at June 30, 2023 and the discounted lease liability at that date: June 30, 2023 (In thousands) Due through one year $ 822 Due after one year through two years 728 Due after two years through three years 531 Due after three years through four years 306 Due after four years through five years 307 Due after five years 587 Total minimum lease payments 3,281 Less: present value discount 68 Lease liability $ 3,213

Derivatives (Tables)

Derivatives (Tables)	6 Months Ended
	Jun. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	The following table presents the fair value of these derivative instruments as of June 30, 2023 and December 31, 2022: Balance Sheet Location Fair Value at Fair Value at (In thousands) Interest rate swaps on FHLB debt Other Assets $ 9,978 $ 10,485
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 $ 823 $ 1,514 $ (401) $ 5,046

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
	Jun. 30, 2023
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 six months ended June 30, 2023, follows: For the Three Months Ended June 30, 2023 Shares Weighted-Average Exercise Price Weighted-Average Remaining Contractual Term in Years Aggregate Intrinsic Value Weighted-Average Grant Date Fair Value Outstanding at April 1, 2023 217,519 $ 11.20 $ 353,111 $ 4.10 Exercised — — Outstanding at June 30, 2023 217,519 11.20 0.94 104,584 4.10 Vested 217,519 11.20 0.94 104,584 4.10 Exercisable at June 30, 2023 217,519 11.20 0.94 104,584 4.10 For the Six Months Ended June 30, 2023 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, 2023 217,519 $ 11.20 $ 823,028 $ 4.10 Exercised — — — $ — Outstanding at June 30, 2023 217,519 11.20 0.94 104,584 4.10 Vested 217,519 11.20 0.94 104,584 4.10 Exercisable at June 30, 2023 217,519 11.20 0.94 104,584 4.10
Nonvested Restricted Stock Shares Activity	A summary of changes in nonvested restricted stock awards for the three and six months ended June 30, 2023, follows: For the Three Months Ended June 30, 2023 Shares Weighted-Average Nonvested at April 1, 2023 27,618 $ 14.92 Nonvested at June 30, 2023 27,618 14.92 Expected to vest assuming a 3% forfeiture rate over the vesting term 26,789 14.92 For the Six Months Ended June 30, 2023 Shares Weighted-Average Nonvested at January 1, 2023 31,272 $ 16.93 Granted 27,618 14.92 Vested (31,272) 16.93 Nonvested at June 30, 2023 27,618 14.92 Expected to vest assuming a 3% forfeiture rate over the vesting term 26,789 14.92

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Tables)	6 Months Ended
	Jun. 30, 2023
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 six months ended June 30, 2023 and 2022. Unrealized Losses on Available-for-Sale Securities Gains ( Losses) on Cash Flow Hedges Total (In thousands) Balance March 31, 2022 $ (6,599) $ 4,710 $ (1,889) Other comprehensive (loss) income before reclassifications (4,439) 1,514 (2,925) Net other comprehensive (loss) income (4,439) 1,514 (2,925) Balance June 30, 2022 $ (11,038) $ 6,224 $ (4,814) Balance December 31, 2021 $ (1,004) $ 1,178 $ 174 Other comprehensive (loss) income before reclassifications (10,034) 5,046 (4,988) Net other comprehensive (loss) income (10,034) 5,046 (4,988) Balance June 30, 2022 $ (11,038) $ 6,224 $ (4,814) Balance March 31, 2023 $ (15,548) $ 7,059 $ (8,489) Other comprehensive (loss) income before reclassifications (2,151) 823 (1,328) Net other comprehensive (loss) income (2,151) 823 (1,328) Balance June 30, 2023 $ (17,699) $ 7,882 $ (9,817) Balance December 31, 2022 $ (15,497) $ 8,283 $ (7,214) Other comprehensive loss before reclassifications (2,202) (401) (2,603) Net other comprehensive loss (2,202) (401) (2,603) Balance June 30, 2023 $ (17,699) $ 7,882 $ (9,817)

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
	Jun. 30, 2023
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 June 30, Six Months Ended June 30, 2023 2022 2023 2022 (Dollars in thousands, except share data) Net income $ 1,488 $ 2,808 $ 3,610 $ 6,068 Less: Earnings allocated to participating securities (4) (9) (11) (20) Earnings allocated to common shareholders $ 1,484 $ 2,799 $ 3,599 $ 6,048 Basic weighted average common shares outstanding 9,120,468 8,982,969 9,112,464 8,985,213 Dilutive stock options 3,759 96,386 28,412 98,323 Dilutive restricted stock grants — 6,558 6,845 16,543 Diluted weighted average common shares outstanding 9,124,227 9,085,913 9,147,721 9,100,079 Basic earnings per share $ 0.16 $ 0.31 $ 0.39 $ 0.67 Diluted earnings per share $ 0.16 $ 0.31 $ 0.39 $ 0.66

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Jun. 30, 2023
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 six months ended June 30, 2023 and 2022: Three Months Ended June 30, Six Months Ended June 30, 2023 2022 2023 2022 (In thousands) BOLI change in cash surrender value (1) $ 274 $ 251 $ 582 $ 539 Wealth management revenue 95 104 140 187 Deposit related fees 89 84 161 157 Debit card and ATM fees 163 162 314 303 Loan related fees 44 354 136 553 Other 133 6 130 11 Total noninterest income $ 798 $ 961 $ 1,463 $ 1,750 _______________ (1) Not within scope of Topic 606

Description of Business (Narrat

Description of Business (Narrative) (Details)	Jun. 30, 2023 loan location
Business Acquisition [Line Items]
Number of locations in which entity operates | loan	15
King County
Business Acquisition [Line Items]
Number of retail branches	7
Snohomish County
Business Acquisition [Line Items]
Number of retail branches	5
Pierce County
Business Acquisition [Line Items]
Number of retail branches	2

Recently Issued Accounting Pr_3

Recently Issued Accounting Pronouncements (Details) - USD ($)	Jun. 30, 2023	Mar. 31, 2023	Jan. 01, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Stockholders' equity	$ 158,715,000	$ 159,645,000		$ 160,360,000	$ 156,896,000	$ 157,757,000	$ 157,879,000
Loans receivable, allowance	15,606,000			15,227,000
Residential Portfolio Segment | One-to-four family residential
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Writeoff	0
Consumer | Consumer Loan [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Writeoff	22,000
Retained Earnings
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Stockholders' equity	$ 95,896,000	$ 95,597,000		95,059,000	$ 90,066,000	$ 88,339,000	$ 86,162,000
Cumulative Effect, Period of Adoption, Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Stockholders' equity				(395,000)
Loans receivable, allowance			$ 500,000
Cumulative Effect, Period of Adoption, Adjustment | Retained Earnings
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Stockholders' equity			$ 395,000	$ 395,000

Investments_ Available-for-sale

Investments: Available-for-sale Securities (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Debt Securities, Available-for-sale [Line Items]
Total	$ 229,863	$ 235,927
Gross Unrealized Gains	21	41
Gross Unrealized Losses	(20,957)	(18,190)
Fair Value	208,927	217,778
Mortgage-backed investments, Fannie Mae
Debt Securities, Available-for-sale [Line Items]
Total	11,677	11,800
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(1,864)	(1,860)
Fair Value	9,813	9,940
Mortgage-backed investments, Freddie Mac
Debt Securities, Available-for-sale [Line Items]
Total	13,652	13,720
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(1,921)	(1,831)
Fair Value	11,731	11,889
Mortgage backed investments Ginnie Mae
Debt Securities, Available-for-sale [Line Items]
Total	28,633	29,426
Gross Unrealized Gains	0	18
Gross Unrealized Losses	(1,639)	(1,601)
Fair Value	26,994	27,843
Mortgage-backed investments, Other
Debt Securities, Available-for-sale [Line Items]
Total	32,367	34,295
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(2,020)	(1,906)
Fair Value	30,347	32,389
Municipal bonds
Debt Securities, Available-for-sale [Line Items]
Total	36,770	36,968
Gross Unrealized Gains	17	17
Gross Unrealized Losses	(5,398)	(6,102)
Fair Value	31,389	30,883
U.S. Government agencies
Debt Securities, Available-for-sale [Line Items]
Total	73,764	76,718
Gross Unrealized Gains	4	6
Gross Unrealized Losses	(1,924)	(2,370)
Fair Value	71,844	74,354
Corporate bonds
Debt Securities, Available-for-sale [Line Items]
Total	33,000	33,000
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(6,191)	(2,520)
Fair Value	$ 26,809	$ 30,480

Investments_ Schedule of Availa

Investments: Schedule of Available for sale Securities in Continuous Unrealized Loss positions (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Fair Value
Less Than 12 Months	$ 40,291	$ 115,259
12 Months or Longer	166,479	92,739
Total	206,770	207,998
Gross Unrealized Loss
Less Than 12 Months	(1,366)	(6,392)
12 Months or Longer	(19,590)	(11,798)
Total	(20,957)	(18,190)
Mortgage-backed investments, Fannie Mae
Fair Value
Less Than 12 Months	2,086	6,710
12 Months or Longer	7,727	3,226
Total	9,813	9,936
Gross Unrealized Loss
Less Than 12 Months	(43)	(1,073)
12 Months or Longer	(1,821)	(787)
Total	(1,864)	(1,860)
Mortgage-backed investments, Freddie Mac
Fair Value
Less Than 12 Months	1,620	4,677
12 Months or Longer	10,112	6,476
Total	11,731	11,153
Gross Unrealized Loss
Less Than 12 Months	(93)	(272)
12 Months or Longer	(1,828)	(1,559)
Total	(1,921)	(1,831)
Mortgage backed investments Ginnie Mae
Fair Value
Less Than 12 Months	11,465	7,645
12 Months or Longer	15,529	13,714
Total	26,994	21,359
Gross Unrealized Loss
Less Than 12 Months	(50)	(310)
12 Months or Longer	(1,589)	(1,291)
Total	(1,639)	(1,601)
Mortgage-backed investments, Other
Fair Value
Less Than 12 Months	12,003	27,430
12 Months or Longer	18,344	4,959
Total	30,347	32,389
Gross Unrealized Loss
Less Than 12 Months	(838)	(1,614)
12 Months or Longer	(1,181)	(292)
Total	(2,020)	(1,906)
Municipal bonds
Fair Value
Less Than 12 Months	3,631	7,892
12 Months or Longer	25,968	20,901
Total	29,599	28,793
Gross Unrealized Loss
Less Than 12 Months	(48)	(680)
12 Months or Longer	(5,350)	(5,422)
Total	(5,398)	(6,102)
U.S. Government agencies
Fair Value
Less Than 12 Months	2,762	43,664
12 Months or Longer	68,714	30,224
Total	71,477	73,888
Gross Unrealized Loss
Less Than 12 Months	(18)	(1,184)
12 Months or Longer	(1,906)	(1,186)
Total	(1,924)	(2,370)
Corporate bonds
Fair Value
Less Than 12 Months	6,724	17,241
12 Months or Longer	20,085	13,239
Total	26,809	30,480
Gross Unrealized Loss
Less Than 12 Months	(276)	(1,259)
12 Months or Longer	(5,915)	(1,261)
Total	$ (6,191)	$ (2,520)

Investments_ Narrative (Details

Investments: Narrative (Details)	1 Months Ended	3 Months Ended		6 Months Ended
	Jan. 31, 2020 USD ($)	Jun. 30, 2023 USD ($) securities	Jun. 30, 2022 USD ($)	Jun. 30, 2023 USD ($) securities	Jun. 30, 2022 USD ($)	Dec. 31, 2022 USD ($) securities
Debt Securities, Available-for-sale [Line Items]
Securities in unrealized loss position | securities		127		127		123
Securities in unrealized loss position for 12 months or more | securities		103		103		62
Investments pledged as collateral for FHLB advances		50%		50%
Investments pledged as collateral for public deposits		$ 26,700,000		$ 26,700,000		$ 21,000,000
Gain on sale of investments available-for-sale			$ 0		$ 0
Proceeds from calls and maturities of investments available-for-sale		0		0	3,382,000
Payments to acquire marketable securities	$ 2,400,000			0	68,264,000
Investments held-to-maturity		2,444,000		2,444,000		2,444,000
Principal repayments on investments available-for-sale			$ 1,000,000		$ 3,400,000
Fair value of securities		206,770,000		206,770,000		207,998,000
Corporate bonds
Debt Securities, Available-for-sale [Line Items]
Fair value of securities		$ 26,809,000		$ 26,809,000		$ 30,480,000

Investments_ Schedule of Avai_2

Investments: Schedule of Available for sale Securities, Debt Maturities (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Amortized Cost
Due within one year	$ 39,721
Due after one year through five years	10,535
Due after five years through ten years	31,157
Due after ten years	62,121
Amortized Cost	143,534
Mortgage-backed investments	86,329
Total	229,863	$ 235,927
Fair Value
Due within one year	38,823
Due after one year through five years	10,064
Due after five years through ten years	24,681
Due after ten years	56,474
Fair Value	130,042
Mortgage-backed investments	78,885
Fair Value	$ 208,927	$ 217,778

Loans Receivable and Allowanc_3

Loans Receivable and Allowance for Credit Losses - Schedule of Accounts, Notes, Loans and Financing Receivable (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Jun. 30, 2022	Mar. 31, 2022	Dec. 31, 2021
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 1,187,522		$ 1,182,310
ACL	15,606		15,227
Total Loans	1,171,916		1,167,083
One to Four Family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	481,593		474,180
Permanent owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	246,585		232,869
Permanent non-owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	235,008		241,311
Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	141,413		126,866
ACL	1,582	$ 1,607	1,210	$ 1,296	$ 1,455	$ 1,279
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	406,356		407,904
ACL	4,367	4,496	5,397	6,187	6,315	6,615
Construction Land Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	57,828		77,644
ACL	1,664	1,793	1,717	1,357	1,642	2,064
One-to-four family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	47,168		52,492
Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	547		15,393
Land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	10,113		9,759
Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	27,427		31,363
ACL	347	413	948	998	781	1,112
Prior
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	72,905		64,353
ACL	$ 2,072	$ 2,108	$ 1,912	$ 1,595	$ 1,491	$ 1,373

Loans Receivable and Allowanc_4

Loans Receivable and Allowance for Credit Losses - Narrative (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, net of allowance of $15,606, and $15,227	$ 1,171,916,000	$ 1,167,083,000
Total TDR loans	2,100,000
Recorded Investment	46,084,000	48,521,000
Total loans	1,187,522,000	1,182,310,000
Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	1,610,000
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	44,474,000
Financial Asset, Equal to or Greater than 90 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total TDR loans	0	0
PPP Loan
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, net	629,000		$ 784,000
Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired financing receivable, related allowance		13,000
Recorded Investment		48,534,000
Total loans	1,187,522,000
Property total | Nonperforming
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	201,000
Property total | Financial Asset, Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, net of allowance of $15,606, and $15,227	$ 376,000	$ 220,000
Percent of total loans receivable	0.03%	0.02%
Total loans	$ 376,000
Property total | Financial Asset, Equal to or Greater than 90 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	201,000
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	72,905,000
Consumer | Nonperforming
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	201,000
Consumer | Financial Asset, Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	282,000
Consumer | Financial Asset, Equal to or Greater than 90 Days Past Due
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	201,000	$ 193,000
One-to-four family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	481,593,000
One-to-four family residential | Nonperforming
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
FHLB of Des Moines | Asset Pledged as Collateral
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	655,700,000	605,000,000
Federal Reserve Bank | Asset Pledged as Collateral
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable	$ 73,900,000	$ 87,700,000

Loans Receivable and Allowanc_5

Loans Receivable and Allowance for Credit Losses - Financing Receivables, Summary of loans by type and risk category (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	$ 75,947
2022	257,125
2021	245,994
2020	196,885
2019	93,436
Prior	318,135
Total Loans	1,187,522	$ 1,182,310
Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		1,182,159
One-to-four family residential | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		475,836
One-to-four family residential | Residential Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	34,670
2022	150,427
2021	98,029
2020	65,524
2019	32,813
Prior	100,130
Total Loans	481,593
Current period gross write-offs
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Writeoff	0
Multifamily | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		126,895
Multifamily | Residential Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	1,154
2022	7,864
2021	22,998
2020	43,715
2019	29,531
Prior	36,151
Total Loans	141,413
Current period gross write-offs
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Writeoff	0
Commercial | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		407,882
Commercial | Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	19,114
2022	35,414
2021	87,496
2020	79,695
2019	23,530
Prior	161,107
Total Loans	406,356
Current period gross write-offs
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Writeoff	0
Construction/land | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		78,120
Construction/land | Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	2,636
2022	29,812
2021	24,970
2020	0
2019	410
Prior	0
Total Loans	57,828
Current period gross write-offs
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Writeoff	0
Business | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		31,371
Business | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	1,456
2022	4,972
2021	471
2020	1,562
2019	1,706
Prior	17,260
Total Loans	27,427
Current period gross write-offs
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Writeoff	0
Consumer | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		62,055
Consumer | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	16,917
2022	28,636
2021	12,030
2020	6,389
2019	5,446
Prior	3,487
Total Loans	72,905
Current period gross write-offs
2023	0
2022	0
2021	0
2020	0
2019	22
Prior	0
Writeoff	22
Pass | One-to-four family residential | Residential Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	34,670
2022	150,427
2021	98,029
2020	65,524
2019	32,813
Prior	98,507
Total Loans	479,970
Pass | Multifamily | Residential Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	1,154
2022	7,864
2021	22,998
2020	43,715
2019	29,531
Prior	32,275
Total Loans	137,537
Pass | Commercial | Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	19,114
2022	35,414
2021	83,336
2020	70,438
2019	22,235
Prior	109,970
Total Loans	340,507
Pass | Construction/land | Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	2,636
2022	29,812
2021	24,970
2020	0
2019	410
Prior	0
Total Loans	57,828
Watch
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	28
2021	4,160
2020	8,730
2019	23
Prior	6,721
Total Loans	19,662
Watch | One-to-four family residential | Residential Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	616
Total Loans	616
Watch | Multifamily | Residential Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	2,266
Total Loans	2,266
Watch | Commercial | Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	4,160
2020	8,730
2019	0
Prior	3,839
Total Loans	16,729
Watch | Construction/land | Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Total Loans	0
Watch | Business | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Total Loans	0
Watch | Consumer | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	28
2021	0
2020	0
2019	23
Prior	0
Total Loans	51
Special mention
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	5,652
Total Loans	5,652
Special mention | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		5,894
Special mention | One-to-four family residential | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		1,023
Special mention | One-to-four family residential | Residential Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	1,007
Total Loans	1,007
Special mention | Multifamily | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		0
Special mention | Multifamily | Residential Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Total Loans	0
Special mention | Commercial | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		4,668
Special mention | Commercial | Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	4,645
Total Loans	4,645
Special mention | Construction/land | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		0
Special mention | Construction/land | Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Total Loans	0
Special mention | Business | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		0
Special mention | Business | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Total Loans	0
Special mention | Consumer | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		203
Special mention | Consumer | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Total Loans	0
Substandard
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	201
2020	527
2019	1,295
Prior	44,263
Total Loans	46,286
Substandard | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		47,367
Substandard | One-to-four family residential | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		0
Substandard | One-to-four family residential | Residential Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Total Loans	0
Substandard | Multifamily | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		1,632
Substandard | Multifamily | Residential Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	1,610
Total Loans	1,610
Substandard | Commercial | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		45,542
Substandard | Commercial | Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	527
2019	1,295
Prior	42,653
Total Loans	44,475
Substandard | Construction/land | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		0
Substandard | Construction/land | Commercial Portfolio Segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Total Loans	0
Substandard | Business | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		0
Substandard | Business | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	0
2020	0
2019	0
Prior	0
Total Loans	0
Substandard | Consumer | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		193
Substandard | Consumer | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	0
2022	0
2021	201
2020	0
2019	0
Prior	0
Total Loans	201
Pass, grade 1-4
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	75,947
2022	257,097
2021	241,633
2020	187,628
2019	92,118
Prior	261,499
Total Loans	1,115,922
Pass, grade 1-4 | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		1,110,622
Pass, grade 1-4 | One-to-four family residential | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		473,700
Pass, grade 1-4 | Multifamily | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		122,972
Pass, grade 1-4 | Commercial | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		342,827
Pass, grade 1-4 | Construction/land | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		78,120
Pass, grade 1-4 | Business | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		31,371
Pass, grade 1-4 | Business | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	1,456
2022	4,972
2021	471
2020	1,562
2019	1,706
Prior	17,260
Total Loans	27,427
Pass, grade 1-4 | Consumer | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		61,632
Pass, grade 1-4 | Consumer | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
2023	16,917
2022	28,608
2021	11,829
2020	6,389
2019	5,423
Prior	3,487
Total Loans	$ 72,653
Pass, grade 5 (watch) | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		18,276
Pass, grade 5 (watch) | One-to-four family residential | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		1,113
Pass, grade 5 (watch) | Multifamily | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		2,291
Pass, grade 5 (watch) | Commercial | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		14,845
Pass, grade 5 (watch) | Construction/land | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		0
Pass, grade 5 (watch) | Business | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		0
Pass, grade 5 (watch) | Consumer | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total Loans		$ 27

Loans Receivable and Allowanc_6

Loans Receivable and Allowance for Credit Losses - Schedule of Allowance for Loan and Lease Losses and Unfunded Commitments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance			$ 15,227
Provision (recapture)	$ (247)		91
Ending balance	15,606		15,606
Real Estate Loan
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	16,028		15,227
Charge-offs	(22)		(22)
Recoveries	0		1
Provision (recapture)	(400)		(100)
Ending balance	15,606		15,606
Unfunded Loan Commitment
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	286	$ 248
Provision (recapture)	153		191
Ending balance	439	439	439	$ 439
Cumulative Effect, Period of Adoption, Adjustment | Real Estate Loan
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	0		500
Property total
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance	16,028	15,159	15,227	15,657
Charge-offs	(22)	(37)	(22)	(37)
Recoveries	0	3	1	5
Provision (recapture)	(400)	0	(100)	(500)
Ending balance	$ 15,606	$ 15,125	15,606	$ 15,125
Property total | Cumulative Effect, Period of Adoption, Adjustment
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Beginning balance			$ 500

Loans Receivable and Allowanc_7

Loans Receivable and Allowance for Credit Losses - Schedule of Allowance for Loan and Lease Losses, Roll Forward (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance			$ 15,227
Provision (recapture)	$ (247)		91
Ending balance	15,606		15,606
One-to-Four Family Residential
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	5,611	$ 3,475	4,043	$ 3,214
Charge-offs	0	0	0	0
Recoveries	0	(3)	(1)	(5)
Provision (recapture)	(37)	214	10	473
Ending balance	5,574	3,692	5,574	3,692
Total Loans		436,754		436,754
Loans collectively evaluated for impairment		434,672		434,672
Loans individually evaluated for impairment		2,082		2,082
One-to-Four Family Residential | General Allowance
Allowance for Loan and Lease Losses [Roll Forward]
Ending balance		3,676		3,676
One-to-Four Family Residential | Specific Allowance
Allowance for Loan and Lease Losses [Roll Forward]
Ending balance		16		16
One-to-Four Family Residential | Cumulative Effect, Period of Adoption, Adjustment
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance			1,520
Multifamily
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	1,607	1,455	1,210	1,279
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision (recapture)	(25)	(159)	289	17
Ending balance	1,582	1,296	1,582	1,296
Total Loans		135,961		135,961
Loans collectively evaluated for impairment		134,310		134,310
Loans individually evaluated for impairment		1,651		1,651
Multifamily | General Allowance
Allowance for Loan and Lease Losses [Roll Forward]
Ending balance		1,296		1,296
Multifamily | Specific Allowance
Allowance for Loan and Lease Losses [Roll Forward]
Ending balance		0		0
Multifamily | Cumulative Effect, Period of Adoption, Adjustment
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance			83
Commercial real estate
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	4,496	6,315	5,397	6,615
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision (recapture)	(129)	(128)	(60)	(428)
Ending balance	4,367	6,187	4,367	6,187
Total Loans		412,693		412,693
Loans collectively evaluated for impairment		372,743		372,743
Loans individually evaluated for impairment		39,950		39,950
Commercial real estate | General Allowance
Allowance for Loan and Lease Losses [Roll Forward]
Ending balance		6,187		6,187
Commercial real estate | Specific Allowance
Allowance for Loan and Lease Losses [Roll Forward]
Ending balance		0		0
Commercial real estate | Cumulative Effect, Period of Adoption, Adjustment
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance			(970)
Construction Land Development
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	1,793	1,642	1,717	2,064
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision (recapture)	(129)	(285)	(461)	(707)
Ending balance	1,664	1,357	1,664	1,357
Total Loans		64,347		64,347
Loans collectively evaluated for impairment		64,347		64,347
Loans individually evaluated for impairment		0		0
Construction Land Development | General Allowance
Allowance for Loan and Lease Losses [Roll Forward]
Ending balance		1,357		1,357
Construction Land Development | Specific Allowance
Allowance for Loan and Lease Losses [Roll Forward]
Ending balance		0		0
Construction Land Development | Cumulative Effect, Period of Adoption, Adjustment
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance			408
Business
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	413	781	948	1,112
Charge-offs	0	0	0	0
Recoveries	0	0	0	0
Provision (recapture)	(66)	217	(91)	(114)
Ending balance	347	998	347	998
Total Loans		33,692		33,692
Loans collectively evaluated for impairment		33,692		33,692
Loans individually evaluated for impairment		0		0
Business | General Allowance
Allowance for Loan and Lease Losses [Roll Forward]
Ending balance		998		998
Business | Specific Allowance
Allowance for Loan and Lease Losses [Roll Forward]
Ending balance		0		0
Business | Cumulative Effect, Period of Adoption, Adjustment
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance			(510)
Prior
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	2,108	1,491	1,912	1,373
Charge-offs	(22)	(37)	(22)	(37)
Recoveries	0	0	0	0
Provision (recapture)	(14)	141	213	259
Ending balance	2,072	1,595	2,072	1,595
Total Loans		51,603		51,603
Loans collectively evaluated for impairment		51,603		51,603
Loans individually evaluated for impairment		0		0
Prior | General Allowance
Allowance for Loan and Lease Losses [Roll Forward]
Ending balance		1,595		1,595
Prior | Specific Allowance
Allowance for Loan and Lease Losses [Roll Forward]
Ending balance		0		0
Prior | Cumulative Effect, Period of Adoption, Adjustment
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance			(31)
Property total
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance	16,028	15,159	15,227	15,657
Charge-offs	(22)	(37)	(22)	(37)
Recoveries	0	(3)	(1)	(5)
Provision (recapture)	(400)	0	(100)	(500)
Ending balance	$ 15,606	15,125	15,606	15,125
Total Loans		1,135,050		1,135,050
Loans collectively evaluated for impairment		1,091,367		1,091,367
Loans individually evaluated for impairment		43,683		43,683
Property total | General Allowance
Allowance for Loan and Lease Losses [Roll Forward]
Ending balance		15,109		15,109
Property total | Specific Allowance
Allowance for Loan and Lease Losses [Roll Forward]
Ending balance		$ 16		$ 16
Property total | Cumulative Effect, Period of Adoption, Adjustment
Allowance for Loan and Lease Losses [Roll Forward]
Beginning balance			$ 500

Loans Receivable and Allowanc_8

Loans Receivable and Allowance for Credit Losses - Financing Receivables, Aging of loans (Details) - USD ($)	Jun. 30, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, net of allowance of $15,606, and $15,227	$ 1,171,916,000	$ 1,167,083,000
Total loans	1,187,522,000	1,182,310,000
Financing Receivable, 90 Days or More Past Due, Still Accruing	0	0
Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		1,182,159,000
Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,187,522,000
Property total | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		1,182,159,000
Total real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,087,190,000
Total real estate | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		1,088,733,000
Permanent owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	246,585,000	232,869,000
Permanent owner occupied | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		233,785,000
Permanent non-owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	235,008,000	241,311,000
Permanent non-owner occupied | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		242,051,000
Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	141,413,000	126,866,000
Multifamily | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		126,895,000
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	406,356,000	407,904,000
Commercial real estate | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		407,882,000
Construction Land Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	57,828,000	77,644,000
Construction Land Development | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		78,120,000
Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	27,427,000	31,363,000
Business | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		31,371,000
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	72,905,000
Consumer | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		62,055,000
Financial Asset, Past Due | Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans receivable, net of allowance of $15,606, and $15,227	376,000	220,000
Total loans	376,000
Financial Asset, Past Due | Property total | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		220,000
Financial Asset, Past Due | Total real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	94,000
Financial Asset, Past Due | Total real estate | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		27,000
Financial Asset, Past Due | Permanent owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	69,000
Financial Asset, Past Due | Permanent owner occupied | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, Past Due | Permanent non-owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	25,000
Financial Asset, Past Due | Permanent non-owner occupied | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		27,000
Financial Asset, Past Due | Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
Financial Asset, Past Due | Multifamily | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, Past Due | Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
Financial Asset, Past Due | Commercial real estate | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, Past Due | Construction Land Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
Financial Asset, Past Due | Construction Land Development | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, Past Due | Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
Financial Asset, Past Due | Business | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, Past Due | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	282,000
Financial Asset, Past Due | Consumer | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		193,000
Financial Asset, 30 to 59 Days Past Due | Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	106,000
Financial Asset, 30 to 59 Days Past Due | Property total | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		27,000
Financial Asset, 30 to 59 Days Past Due | Total real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	25,000
Financial Asset, 30 to 59 Days Past Due | Total real estate | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		27,000
Financial Asset, 30 to 59 Days Past Due | Permanent owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
Financial Asset, 30 to 59 Days Past Due | Permanent owner occupied | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, 30 to 59 Days Past Due | Permanent non-owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	25,000
Financial Asset, 30 to 59 Days Past Due | Permanent non-owner occupied | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		27,000
Financial Asset, 30 to 59 Days Past Due | Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
Financial Asset, 30 to 59 Days Past Due | Multifamily | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, 30 to 59 Days Past Due | Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
Financial Asset, 30 to 59 Days Past Due | Commercial real estate | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, 30 to 59 Days Past Due | Construction Land Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
Financial Asset, 30 to 59 Days Past Due | Construction Land Development | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, 30 to 59 Days Past Due | Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
Financial Asset, 30 to 59 Days Past Due | Business | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, 30 to 59 Days Past Due | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	81,000
Financial Asset, 30 to 59 Days Past Due | Consumer | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, 60 to 89 Days Past Due | Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	69,000
Financial Asset, 60 to 89 Days Past Due | Property total | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, 60 to 89 Days Past Due | Total real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	69,000
Financial Asset, 60 to 89 Days Past Due | Total real estate | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, 60 to 89 Days Past Due | Permanent owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	69,000
Financial Asset, 60 to 89 Days Past Due | Permanent owner occupied | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, 60 to 89 Days Past Due | Permanent non-owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
Financial Asset, 60 to 89 Days Past Due | Permanent non-owner occupied | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, 60 to 89 Days Past Due | Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
Financial Asset, 60 to 89 Days Past Due | Multifamily | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, 60 to 89 Days Past Due | Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
Financial Asset, 60 to 89 Days Past Due | Commercial real estate | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, 60 to 89 Days Past Due | Construction Land Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans
Financial Asset, 60 to 89 Days Past Due | Construction Land Development | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, 60 to 89 Days Past Due | Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
Financial Asset, 60 to 89 Days Past Due | Business | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, 60 to 89 Days Past Due | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
Financial Asset, 60 to 89 Days Past Due | Consumer | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, Equal to or Greater than 90 Days Past Due | Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	201,000
Financial Asset, Equal to or Greater than 90 Days Past Due | Property total | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		193,000
Financial Asset, Equal to or Greater than 90 Days Past Due | Total real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Total real estate | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, Equal to or Greater than 90 Days Past Due | Permanent owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Permanent owner occupied | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, Equal to or Greater than 90 Days Past Due | Permanent non-owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Permanent non-owner occupied | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, Equal to or Greater than 90 Days Past Due | Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Multifamily | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, Equal to or Greater than 90 Days Past Due | Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Commercial real estate | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, Equal to or Greater than 90 Days Past Due | Construction Land Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Construction Land Development | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, Equal to or Greater than 90 Days Past Due | Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
Financial Asset, Equal to or Greater than 90 Days Past Due | Business | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Financial Asset, Equal to or Greater than 90 Days Past Due | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	201,000	193,000
Financial Asset, Equal to or Greater than 90 Days Past Due | Consumer | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		193,000
Current | Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,187,146,000
Current | Property total | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		1,181,939,000
Current | Total real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,087,096,000
Current | Total real estate | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		1,088,706,000
Current | Permanent owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	246,516,000
Current | Permanent owner occupied | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		233,785,000
Current | Permanent non-owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	234,983,000
Current | Permanent non-owner occupied | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		242,024,000
Current | Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	141,413,000
Current | Multifamily | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		126,895,000
Current | Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	406,356,000
Current | Commercial real estate | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		407,882,000
Current | Construction Land Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	57,828,000
Current | Construction Land Development | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		78,120,000
Current | Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	27,427,000
Current | Business | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		31,371,000
Current | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 72,623,000
Current | Consumer | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		$ 61,862,000

Loans Receivable and Allowanc_9

Loans Receivable and Allowance for Credit Losses - Financing Receivables, Summary of loans by type and payment activity (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 1,187,522	$ 1,182,310
Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		1,182,159
Previously Reported | One-to-four family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		475,836
Previously Reported | Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		126,895
Previously Reported | Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		407,882
Previously Reported | Construction/land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		78,120
Previously Reported | Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		31,371
Previously Reported | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		62,055
Pass, grade 1-4
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,115,922
Pass, grade 1-4 | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		1,110,622
Pass, grade 1-4 | Previously Reported | One-to-four family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		473,700
Pass, grade 1-4 | Previously Reported | Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		122,972
Pass, grade 1-4 | Previously Reported | Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		342,827
Pass, grade 1-4 | Previously Reported | Construction/land
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		78,120
Pass, grade 1-4 | Previously Reported | Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		31,371
Pass, grade 1-4 | Previously Reported | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		61,632
Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,187,522
Property total | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		1,182,159
Property total | Performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	1,187,321
Property total | Performing | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		1,181,966
Property total | Nonperforming
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	201
Property total | Nonperforming | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		193
One-to-four family residential
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	481,593
One-to-four family residential | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		475,836
One-to-four family residential | Performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	481,593
One-to-four family residential | Performing | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		475,836
One-to-four family residential | Nonperforming
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
One-to-four family residential | Nonperforming | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	141,413	126,866
Multifamily | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		126,895
Multifamily | Performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	141,413
Multifamily | Performing | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		126,895
Multifamily | Nonperforming
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
Multifamily | Nonperforming | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Commercial
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	406,356	407,904
Commercial | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		407,882
Commercial | Performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	406,356
Commercial | Performing | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		407,882
Commercial | Nonperforming
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
Commercial | Nonperforming | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Construction Land Development
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	57,828	77,644
Construction Land Development | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		78,120
Construction Land Development | Performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	57,828
Construction Land Development | Performing | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		78,120
Construction Land Development | Nonperforming
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
Construction Land Development | Nonperforming | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	27,427	31,363
Business | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		31,371
Business | Performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	27,427
Business | Performing | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		31,371
Business | Nonperforming
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	0
Business | Nonperforming | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		0
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	72,905
Consumer | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		62,055
Consumer | Performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	72,704
Consumer | Performing | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		61,862
Consumer | Nonperforming
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	201
Consumer | Nonperforming | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		193
Permanent owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	246,585	232,869
Permanent owner occupied | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		233,785
Permanent owner occupied | Performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	246,600	233,800
Permanent non-owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	235,008	241,311
Permanent non-owner occupied | Previously Reported
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans		242,051
Permanent non-owner occupied | Performing
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total loans	$ 235,000	$ 242,100

Loans Receivable and Allowan_10

Loans Receivable and Allowance for Credit Losses - Schedule of Impaired Financing Receivables (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Recorded Investment	$ 46,084	$ 48,521
Property total
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment		47,536
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance		47,537
Impaired Financing Receivable, with Related Allowance, Recorded Investment		998
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance		1,045
Impaired financing receivable, related allowance		13
Recorded Investment		48,534
Impaired Financing Receivable, Unpaid Principal Balance		48,582
Permanent owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment		174
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance		175
Impaired Financing Receivable, with Related Allowance, Recorded Investment		486
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance		533
Impaired financing receivable, related allowance		12
Recorded Investment		660
Impaired Financing Receivable, Unpaid Principal Balance		708
Permanent non-owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment		188
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance		188
Impaired Financing Receivable, with Related Allowance, Recorded Investment		512
Impaired Financing Receivable, with Related Allowance, Unpaid Principal Balance		512
Impaired financing receivable, related allowance		1
Recorded Investment		700
Impaired Financing Receivable, Unpaid Principal Balance		700
Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment		1,632
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance		1,632
Impaired financing receivable, related allowance		0
Recorded Investment		1,632
Impaired Financing Receivable, Unpaid Principal Balance		1,632
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Recorded Investment		45,542
Impaired Financing Receivable, with No Related Allowance, Unpaid Principal Balance		45,542
Impaired financing receivable, related allowance		0
Recorded Investment		45,542
Impaired Financing Receivable, Unpaid Principal Balance		$ 45,542

Loans Receivable and Allowan_11

Loans Receivable and Allowance for Credit Losses - Schedule of Impaired Financing Receivables, Average Recorded Investment and Interest Income (Details) - USD ($) $ in Thousands	3 Months Ended	6 Months Ended
	Jun. 30, 2022	Jun. 30, 2022
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	$ 42,799	$ 40,240
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	461	905
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	1,008	1,010
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	16	32
Impaired Financing Receivable, Average Recorded Investment	43,807	41,250
Impaired Financing Receivable, Interest Income, Accrual Method	477	937
Permanent owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	177	177
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	3	6
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	491	492
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	7	14
Impaired Financing Receivable, Average Recorded Investment	668	669
Impaired Financing Receivable, Interest Income, Accrual Method	10	20
Permanent non-owner occupied
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	904	908
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	15	30
Impaired Financing Receivable, with Related Allowance, Average Recorded Investment	517	518
Impaired Financing Receivable, with Related Allowance, Interest Income Recognized	9	18
Impaired Financing Receivable, Average Recorded Investment	1,421	1,426
Impaired Financing Receivable, Interest Income, Accrual Method	24	48
Multifamily
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	1,656	1,104
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	17	34
Impaired Financing Receivable, Average Recorded Investment	1,656	1,104
Impaired Financing Receivable, Interest Income, Accrual Method	17	34
Commercial real estate
Accounts, Notes, Loans and Financing Receivable [Line Items]
Impaired Financing Receivable, with No Related Allowance, Average Recorded Investment	40,062	38,051
Impaired Financing Receivable, with No Related Allowance, Interest Income Recognized	426	835
Impaired Financing Receivable, Average Recorded Investment	40,062	38,051
Impaired Financing Receivable, Interest Income, Accrual Method	$ 426	$ 835

Loans Receivable and Allowan_12

Loans Receivable and Allowance for Credit Losses - Schedule of Loans On Nonaccrual Status (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total TDR loans	$ 2,100
Nonaccrual loans	201	$ 193
Recorded Investment	46,084	48,521
Nonaccrual with No ACL	201	193
Nonaccrual with ACL	0	0
Financial Asset, Equal to or Greater than 90 Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total TDR loans	0	0
Multifamily
Financing Receivable, Troubled Debt Restructuring [Line Items]
Recorded Investment	1,610
Commercial
Financing Receivable, Troubled Debt Restructuring [Line Items]
Recorded Investment	44,474
Consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Nonaccrual loans	201	193
Nonaccrual with No ACL	201	193
Nonaccrual with ACL	0	0
Consumer | Financial Asset, Equal to or Greater than 90 Days Past Due
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total TDR loans	$ 0	$ 0

Prepaid Expenses and Other As_2

Prepaid Expenses and Other Assets Included - Narrative (Details) - Fintech Focused Fund	6 Months Ended
	Jun. 30, 2023 USD ($)
Real Estate [Line Items]
Payments to Acquire Equity Method Investments	$ 150,000
Unrealized gain	111,000
Capital Investment
Real Estate [Line Items]
Other commitment	$ 1,000,000

Fair Value_ Schedule of Fair Va

Fair Value: Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	$ 208,927	$ 217,778
Derivative fair value asset	9,978	10,485
Total	218,905	228,263
Mortgage-backed investments, Fannie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	9,813	9,940
Mortgage-backed investments, Freddie Mac
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	11,731	11,889
Mortgage-backed investments, Ginnie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	26,994	27,843
Mortgage-backed investments, Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	30,347	32,389
Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	31,389	30,883
U.S. Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	71,844	74,354
Corporate bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	26,809	30,480
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	38,822	39,186
Derivative fair value asset	0	0
Total	38,822	39,186
Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage-backed investments, Fannie Mae
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Mortgage-backed investments, Freddie Mac
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	736
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) | Mortgage-backed investments, Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	0	0
Quoted Prices in Active Markets for Identical Assets (Level 1) | U.S. Government agencies
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	38,822	38,450
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	170,105	178,592
Derivative fair value asset	9,978	10,485
Total	180,083	189,077
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	9,813	9,940
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	11,731	11,153
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	26,994	27,843
Significant Other Observable Inputs (Level 2) | Mortgage-backed investments, Other
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments, Fair Value Disclosure	30,347	32,389
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	31,389	30,883
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	33,022	35,904
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	26,809	30,480
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) | Mortgage-backed investments, 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 ($)	Jun. 30, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans (included in loans receivable, net)	$ 46,084,000	$ 48,521,000
Total, Fair Value	46,084,000	48,521,000
Financing receivable, allowance for credit losses, individually evaluated for impairment		13,000
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)	46,084,000	48,521,000
Total, Fair Value	$ 46,084,000	$ 48,521,000

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	Jun. 30, 2023	Dec. 31, 2022
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	16.50%	6.91%
Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of financial instruments, range	0%	0.06%
Fair Value, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Financial and Nonfinancial Liabilities, Fair Value Disclosure	$ 46,084	$ 48,521

Fair Value_ Balance Sheet Group

Fair Value: Balance Sheet Grouping (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investments available-for-sale	$ 208,927	$ 217,778
Investments held-to-maturity	2,444	2,444
FHLB stock	6,603	7,512
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	10,621	7,722
Interest-earning deposits with banks	42,956	16,598
Investments available-for-sale	38,822	39,186
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	688,623	782,600
Certificates of deposit, retail	0	0
Brokered deposits	0	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	170,105	178,592
Investments held-to-maturity	2,444	2,444
Loans receivable, net	0	0
FHLB stock	6,603	7,512
Accrued interest receivable	6,690	6,513
Derivative fair value asset	9,978	10,485
Deposits	0	0
Certificates of deposit, retail	353,104	254,004
Brokered deposits	176,286	124,843
Advances from the FHLB	120,002	144,999
Accrued interest payable	2,045	328
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	1,108,192	1,120,403
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	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	10,621	7,722
Interest-earning deposits with banks	42,956	16,598
Investments available-for-sale	208,927	217,778
Investments held-to-maturity	2,444	2,444
Loans receivable, net	1,171,916	1,167,083
FHLB stock	6,603	7,512
Accrued interest receivable	6,690	6,513
Derivative fair value asset	9,978	10,485
Deposits	688,623	782,600
Certificates of deposit, retail	359,919	262,554
Brokered deposits	176,422	124,886
Advances from the FHLB	120,000	145,000
Accrued interest payable	2,045	328
Estimated Fair Value
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Cash on hand and in banks	10,621	7,722
Interest-earning deposits with banks	42,956	16,598
Investments available-for-sale	208,927	217,778
Investments held-to-maturity	2,444	2,444
Loans receivable, net	1,108,192	1,120,403
FHLB stock	6,603	7,512
Accrued interest receivable	6,690	6,513
Derivative fair value asset	9,978	10,485
Deposits	688,623	782,600
Certificates of deposit, retail	353,104	254,004
Brokered deposits	176,286	124,843
Advances from the FHLB	120,002	144,999
Accrued interest payable	$ 2,045	$ 328

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Thousands	Jun. 30, 2023 USD ($) lease
Lessee, Lease, Description [Line Items]
Property subject to or available for operating lease, number of units | lease	13
Monthly lease payment | $	$ 73
Minimum
Lessee, Lease, Description [Line Items]
Term of contract	11 months
Renewal term	3 years
Maximum
Lessee, Lease, Description [Line Items]
Term of contract	7 years 7 months 6 days
Renewal term	5 years

Leases - Components of Operatin

Leases - Components of Operating Leases (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Dec. 31, 2022
Leases [Abstract]
Lease expense	$ 298	$ 297	$ 583	$ 565
ROU	3,018	3,301	3,018	3,301	$ 3,275
Lease liability	$ 3,213	$ 3,482	$ 3,213	$ 3,482
Weighted average remaining term	5 years 1 month 6 days	6 years	5 years 1 month 6 days	6 years
Weighted average discount rate	2.23%	1.92%	2.23%	1.92%

Leases - Maturity of Leases (De

Leases - Maturity of Leases (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Leases [Abstract]
Due through one year	$ 822
Due after one year through two years	728
Due after two years through three years	531
Due after three years through four years	306
Due after four years through five years	307
Due after five years	587
Total minimum lease payments	3,281
Less: present value discount	68
Lease liability, net	$ 3,213	$ 3,454

Derivatives - Narrative (Detail

Derivatives - Narrative (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Mar. 31, 2023	Dec. 31, 2022	Mar. 31, 2022	Dec. 31, 2021
Derivative [Line Items]
Stockholders' equity	$ 158,715,000	$ 156,896,000	$ 158,715,000	$ 159,645,000	$ 160,360,000	$ 157,757,000	$ 157,879,000
Gain (loss) on hedge ineffectiveness, net	0	$ 0
Gains ( Losses) on Cash Flow Hedges
Derivative [Line Items]
Stockholders' equity	7,900,000		7,900,000
Other Assets | Designated as Hedging Instrument
Derivative [Line Items]
Derivative fair value asset	10,000,000		10,000,000
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	$ 9,978,000		$ 9,978,000		$ 10,485,000
Cash Flow Hedging | Forward Contracts
Derivative [Line Items]
Weighted average remaining term of contract			3 years 4 months 24 days
Cash Flow Hedging | Minimum | Forward Contracts
Derivative [Line Items]
Term of contract			4 months
Cash Flow Hedging | Maximum | Forward Contracts
Derivative [Line Items]
Term of contract			6 years 3 months 18 days

Derivatives - Schedule of Deriv

Derivatives - Schedule of Derivative Instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2023	Dec. 31, 2022
Cash Flow Hedging
Derivative [Line Items]
Derivative fair value asset	$ 9,978	$ 10,485

Derivatives - Derivative Instru

Derivatives - Derivative Instruments, Gain (Loss) (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Interest rate swaps on FHLB debt designated as a cash flow hedge	$ 823	$ 1,514	$ (401)	$ 5,046

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2016
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Compensation expense	$ 99,000	$ 125,000	$ 227,000	$ 314,000
Tax benefit from compensation expense	$ 21,000	$ 26,000	$ 48,000	$ 66,000
Grants in period			0
First Financial Northwest Inc 2016 Equity Incentive Plan | Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized					1,400,000
Available for grant (shares)	914,598		914,598
Expiration period			10 years
First Financial Northwest Inc 2016 Equity Incentive Plan | Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized					400,000
Available for grant (shares)	157,299		157,299
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	$ 273,000		$ 273,000
Compensation cost not yet recognized, weighted average vesting period			8 months

Stock-Based Compensation Disclo

Stock-Based Compensation Disclosure of Share-based Compensation Arrangements by Share-based Payment Award (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Shares
Outstanding Beginning Balance (in shares)	217,519		217,519
Exercised (in shares)	0	(2,481)	0	(4,481)
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)	$ 11.20		$ 11.20
Exercised (in dollars per share)	0		0
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)	11 months 8 days		11 months 8 days
Exercisable at end of period, Weighted Average Remaining Contractual Term in Years	11 months 8 days		11 months 8 days
Aggregate Intrinsic Value
Outstanding Beginning Balance	$ 353,111		$ 823,028
Exercised			0
Outstanding Ending Balance	104,584		104,584
Exercisable at end of period, Aggregate Intrinsic Value	$ 104,584		$ 104,584
Share Based Compensation, Stock Option Plan, Additional Disclosures [Abstract]
Nonvested Beginning Balance, Weighted-Average Grant Date Fair Value (in dollars per share)	$ 4.10		$ 4.10
Exercised, Weighted Average Grant Date Fair Value (in dollars per share)			0
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
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	11 months 8 days		11 months 8 days
Aggregate Intrinsic Value
Expected to Vest, Aggregate Intrinsic Value	$ 104,584		$ 104,584
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	6 Months Ended
	Jun. 30, 2023 $ / shares shares
Shares
Nonvested Beginning Balance (in shares) | shares	31,272
Granted (in shares) | shares	27,618
Vested (in shares) | shares	(31,272)
Nonvested Ending Balance (in shares) | shares	27,618
Weighted-Average Grant Date Fair Value
Nonvested Beginning Balance, Weighted-Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 16.93
Granted (in dollars per share) | $ / shares	14.92
Vested (in dollars per share) | $ / shares	16.93
Nonvested Ending Balance, Weighted-Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 14.92
Vested
Shares
Expected to vest assuming a 3% forfeiture rate over the vesting term (in shares) | shares	26,789
Weighted-Average Grant Date Fair Value
Nonvested Ending Balance, Weighted-Average Grant Date Fair Value (in dollars per share) | $ / shares	$ 14.92

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), net of tax, beginning of period	$ (8,489)	$ (1,889)	$ (7,214)	$ 174
Other comprehensive (loss) income before reclassifications	(1,328)	(2,925)	(2,603)	(4,988)
Net other comprehensive (loss) income	(1,328)	(2,925)	(2,603)	(4,988)
Accumulated other comprehensive income (loss), net of tax, end of period	(9,817)	(4,814)	(9,817)	(4,814)
Unrealized Losses on Available-for-Sale Securities
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), net of tax, beginning of period	(15,548)	(6,599)	(15,497)	(1,004)
Other comprehensive (loss) income before reclassifications	(2,151)	(4,439)	(2,202)	(10,034)
Net other comprehensive (loss) income	(2,151)	(4,439)	(2,202)	(10,034)
Accumulated other comprehensive income (loss), net of tax, end of period	(17,699)	(11,038)	(17,699)	(11,038)
Gains ( Losses) on Cash Flow Hedges
Accumulated Other Comprehensive Income (Loss) [Line Items]
Accumulated other comprehensive income (loss), net of tax, beginning of period	7,059	4,710	8,283	1,178
Other comprehensive (loss) income before reclassifications	823	1,514	(401)	5,046
Net other comprehensive (loss) income	823	1,514	(401)	5,046
Accumulated other comprehensive income (loss), net of tax, end of period	$ 7,882	$ 6,224	$ 7,882	$ 6,224

Earnings Per Share_ Schedule of

Earnings Per Share: Schedule of Earnings Per Share Reconciliation (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Earnings Per Share [Abstract]
Net income	$ 1,488	$ 2,808	$ 3,610	$ 6,068
Less: Earnings allocated to participating securities	(4)	(9)	11	20
Earnings allocated to common shareholders	$ 1,484	$ 2,799	$ 3,599	$ 6,048
Basic weighted average common shares outstanding (in shares)	9,120,468	8,982,969	9,112,464	8,985,213
Dilutive stock options (in shares)	3,759	96,386	28,412	98,323
Dilutive restricted stock grants (in shares)	0	6,558	6,845	16,543
Diluted weighted average common shares outstanding (in shares)	9,124,227	9,085,913	9,147,721	9,100,079
Basic earnings per share (in dollars per share)	$ 0.16	$ 0.31	$ 0.39	$ 0.67
Diluted earnings per share (in dollars per share)	$ 0.16	$ 0.31	$ 0.39	$ 0.66

Earnings Per Share - Narrative

Earnings Per Share - Narrative (Details) - shares	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Stock Options
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share, amount	40,000	0	40,000	0
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount	40,000	0	40,000	0
Restricted Stock
Earnings Per Share [Abstract]
Antidilutive securities excluded from computation of earnings per share, amount	27,618	0	0	0
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities excluded from computation of earnings per share, amount	27,618	0	0	0

Revenue Recognition - Disaggreg

Revenue Recognition - Disaggregation of Revenue (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2023	Jun. 30, 2022	Jun. 30, 2023	Jun. 30, 2022
Disaggregation of Revenue [Line Items]
Revenue	$ 798	$ 961	$ 1,463	$ 1,750
BOLI income
Disaggregation of Revenue [Line Items]
Revenue	274	251	582	539
Wealth management revenue
Disaggregation of Revenue [Line Items]
Revenue	95	104	140	187
Deposit related fees
Disaggregation of Revenue [Line Items]
Revenue	89	84	161	157
Debit card and ATM fees
Disaggregation of Revenue [Line Items]
Revenue	163	162	314	303
Loan related fees
Disaggregation of Revenue [Line Items]
Revenue	44	354	136	553
Other
Disaggregation of Revenue [Line Items]
Revenue	$ 133	$ 6	$ 130	$ 11

Revenue Recognition - Narrative

Revenue Recognition - Narrative (Details)	Jun. 30, 2023 USD ($)
Revenue from Contract with Customer [Abstract]
Contract liability	$ 0
Performance Obligation	$ 0

Subsequent Events (Details)

Subsequent Events (Details) - Subsequent Event	Jul. 17, 2023 USD ($) instrument
Interest Rate Swap
Subsequent Event [Line Items]
Number of instruments held | instrument	2
Interest Rate Swap One
Subsequent Event [Line Items]
National amount	$ 15,000,000
Term of contract	2 years
Fixed interest rate	4.57%
Interest Rate Swap Two
Subsequent Event [Line Items]
National amount	$ 15,000,000
Term of contract	3 years
Fixed interest rate	4.15%

Uncategorized Items - ffnw-2023

Label	Element	Value
Restricted Stock [Member] | First Financial Northwest Inc 2008 Equity Incentive Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Number	us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedNumber	27,618
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value	us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsNonvestedWeightedAverageGrantDateFairValue	$ 14.92