FS Bancorp (FSBW) 10-Q9 Aug 212021 Q2 Quarterly reportFinancial data

Company Profile

Document and Entity Information

Document and Entity Information - shares	6 Months Ended
Document and Entity Information - shares	Jun. 30, 2021	Aug. 06, 2021
Document And Entity Information
Document Type	10-Q
Document Quarterly Report	true
Document Transition Report	false
Document Period End Date	Jun. 30, 2021
Entity File Number	001-35589
Entity Registrant Name	FS BANCORP, INC.
Entity Incorporation, State or Country Code	WA
Entity Tax Identification Number	45-4585178
Entity Address, Address Line One	6920 220th Street SW
Entity Address, City or Town	Mountlake Terrace
Entity Address, State or Province	WA
Entity Address, Postal Zip Code	98043
City Area Code	425
Local Phone Number	771-5299
Title of 12(b) Security	Common Stock, par value $.01 per share
Trading Symbol	FSBW
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		8,230,345
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2021
Document Fiscal Period Focus	Q2
Entity Central Index Key	0001530249
Amendment Flag	false

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
ASSETS
Cash and due from banks	$ 12,957	$ 11,554
Interest-bearing deposits at other financial institutions	73,597	80,022
Total cash and cash equivalents	86,554	91,576
Certificates of deposit at other financial institutions	11,782	12,278
Securities available-for-sale, at fair value	232,570	178,018
Securities held-to-maturity (fair value of $8,000 and $7,556, respectively)	7,500	7,500
Loans held for sale, at fair value	121,395	166,448
Loans receivable, net	1,645,664	1,544,981
Accrued interest receivable	7,323	7,030
Premises and equipment, net	27,594	27,343
Operating lease right-of-use ("ROU") assets	5,193	4,949
Federal Home Loan Bank ("FHLB") stock, at cost	5,065	7,439
Other real estate owned ("OREO")		90
Deferred tax asset, net	216
Bank owned life insurance ("BOLI"), net	36,655	36,226
Servicing rights, held at the lower of cost or fair value	16,356	12,595
Goodwill	2,312	2,312
Core deposit intangible, net	4,397	4,751
Other assets	12,037	9,705
TOTAL ASSETS	2,222,613	2,113,241
LIABILITIES
Noninterest-bearing accounts	432,217	362,853
Interest-bearing accounts	1,426,393	1,311,218
Total deposits	1,858,610	1,674,071
Borrowings	42,528	165,809
Principal amount	50,000	10,000
Unamortized debt issuance costs	(639)
Total subordinated notes less unamortized debt issuance costs	49,361	10,000
Operating lease liabilities	5,401	5,176
Deferred tax liability, net		58
Other liabilities	24,953	28,120
Total liabilities	1,980,853	1,883,234
COMMITMENTS AND CONTINGENCIES (NOTE 9)
STOCKHOLDERS' EQUITY
Preferred stock, $.01 par value; 5,000,000 shares authorized; none issued or outstanding
Common stock, $.01 par value; 45,000,000 shares authorized; 8,333,566 and 8,475,912 shares issued and outstanding at June 30, 2021 and December 31, 2020, respectively	83	85
Additional paid-in capital	75,797	81,275
Retained earnings	164,606	146,405
Accumulated other comprehensive income, net of tax	1,434	2,533
Unearned shares - Employee Stock Ownership Plan ("ESOP")	(160)	(291)
Total stockholders' equity	241,760	230,007
TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY	$ 2,222,613	$ 2,113,241

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parentheticals) $ in Thousands	Jun. 30, 2021USD ($)$ / sharesshares	Dec. 31, 2020USD ($)$ / sharesshares
Items included in Consolidated Balance Sheets
Securities held-to-maturity, at fair value \| $	$ 8,000	$ 7,556
Preferred stock par value, in dollars per share \| $ / shares	$ 0.01	$ 0.01
Preferred stock, shares authorized	5,000,000	5,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock par value, in dollars per share \| $ / shares	$ 0.01	$ 0.01
Common stock, shares authorized	45,000,000	45,000,000
Common stock, shares issued	8,333,566	8,475,912
Common stock, shares outstanding	8,333,566	8,475,912

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Consolidated Statements of Income - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
INTEREST INCOME
Loans receivable, including fees	$ 22,484	$ 20,564	$ 44,018	$ 41,304
Interest and dividends on investment securities, cash and cash equivalents, and certificates of deposit at other financial institutions	1,313	1,149	2,563	2,358
Total interest and dividend income	23,797	21,713	46,581	43,662
INTEREST EXPENSE
Deposits	1,870	3,226	3,852	7,033
Borrowings	222	458	668	955
Subordinated notes	485	169	741	341
Total interest expense	2,577	3,853	5,261	8,329
NET INTEREST INCOME	21,220	17,860	41,320	35,333
PROVISION FOR LOAN LOSSES	0	4,649	1,500	8,335
NET INTEREST INCOME AFTER PROVISION FOR LOAN LOSSES	21,220	13,211	39,820	26,998
NONINTEREST INCOME
Service charges and fee income	1,188	96	1,953	1,020
Gain on sale of loans	6,392	13,365	18,077	19,264
Gain on sale of investment securities		182		182
Earnings on cash surrender value of BOLI	215	215	429	431
Other noninterest income	391	273	761	2,125
Total noninterest income	8,186	14,131	21,220	23,022
NONINTEREST EXPENSE
Salaries and benefits	11,932	7,420	23,541	16,967
Operations	2,709	2,573	5,132	4,976
Occupancy	1,226	1,216	2,365	2,325
Data processing	1,203	1,051	2,510	2,031
Loss on sale of OREO			9	2
OREO expenses		2		2
Loan costs	647	451	1,171	951
Professional and board fees	786	668	1,608	1,349
Federal Deposit Insurance Corporation ("FDIC") insurance	123	158	371	284
Marketing and advertising	155	103	252	249
Amortization of core deposit intangible	177	177	354	353
(Recovery) impairment of servicing rights	4	803	(2,046)	1,317
Total noninterest expense	18,962	14,622	35,267	30,806
INCOME BEFORE PROVISION FOR INCOME TAXES	10,444	12,720	25,773	19,214
PROVISION FOR INCOME TAXES	1,895	2,700	5,341	4,027
NET INCOME	$ 8,549	$ 10,020	$ 20,432	$ 15,187
Basic earnings per share(in dollars per share)	$ 1	$ 1.17	$ 2.39	$ 1.74
Diluted earnings per share(in dollars per share)	$ 0.97	$ 1.15	$ 2.32	$ 1.71

Consolidated Statements of In_2

Consolidated Statements of Income (Parenthetical)	Jul. 14, 2021
Consolidated Statements of Income
Stock split, conversion ratio	2

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Statement of Comprehensive Income [Abstract]
Net income	$ 8,549	$ 10,020	$ 20,432	$ 15,187
Securities available-for-sale:
Unrealized holding (loss) gain during period	(323)	2,516	(2,509)	4,880
Income tax benefit (provision) related to unrealized holding (loss) gain	68	(540)	540	(1,048)
Reclassification adjustment for realized gains, net included in net income		(182)		(182)
Income tax provision related to reclassification for realized gains, net		39		39
Cash flow hedges:
Unrealized derivative (losses) gains during period	(165)	(390)	871	(1,442)
Income tax benefit (provision) related to unrealized derivative (losses) gains	35	84	(187)	310
Reclassification adjustment for realized loss (gain), net included in net income	124	(15)	238	(14)
Income tax (benefit) provision related to reclassification, net	(26)	3	(52)	3
Other comprehensive (loss) income, net of tax	(287)	1,515	(1,099)	2,546
COMPREHENSIVE INCOME	$ 8,262	$ 11,535	$ 19,333	$ 17,733

Consolidated Statements of Chan

Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Common Stock	Additional Paid-in Capital	Retained Earnings	Accumulated Other Comprehensive (Loss) Income, Net of Tax	Unearned ESOP Shares	Total
Balance at Dec. 31, 2019	$ 89	$ 89,223	$ 110,715	$ 788	$ (573)	$ 200,242
Balance (in shares) at Dec. 31, 2019	8,918,082
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			15,187			15,187
Dividends paid			(1,812)			(1,812)
Share-based compensation		447				447
Common stock repurchased	$ (4)	(8,224)				(8,228)
Common stock repurchased (in shares)	(446,796)
Stock options exercised, net		(246)				(246)
Stock options exercised, net (in shares)	18,796
Other comprehensive income, net of tax				2,546		2,546
ESOP shares allocated		373			132	505
Balance at Jun. 30, 2020	$ 85	81,573	124,090	3,334	(441)	208,641
Balance (in shares) at Jun. 30, 2020	8,490,082
Balance at Mar. 31, 2020	$ 87	84,473	114,957	1,819	(507)	200,829
Balance (in shares) at Mar. 31, 2020	8,664,392
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			10,020			10,020
Dividends paid			(887)			(887)
Share-based compensation		223				223
Common stock repurchased	$ (2)	(3,237)				(3,239)
Common stock repurchased (in shares)	(174,310)
Other comprehensive income, net of tax				1,515		1,515
ESOP shares allocated		114			66	180
Balance at Jun. 30, 2020	$ 85	81,573	124,090	3,334	(441)	208,641
Balance (in shares) at Jun. 30, 2020	8,490,082
Balance at Dec. 31, 2020	$ 85	81,275	146,405	2,533	(291)	230,007
Balance (in shares) at Dec. 31, 2020	8,475,912
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			20,432			20,432
Dividends paid			(2,231)			(2,231)
Share-based compensation		593				593
Common stock repurchased	$ (2)	(5,813)				(5,815)
Common stock repurchased (in shares)	(215,420)
Stock options exercised, net		(1,024)				(1,024)
Stock options exercised, net (in shares)	73,074
Other comprehensive income, net of tax				(1,099)		(1,099)
ESOP shares allocated		766			131	897
Balance at Jun. 30, 2021	$ 83	75,797	164,606	1,434	(160)	241,760
Balance (in shares) at Jun. 30, 2021	8,333,566
Balance at Mar. 31, 2021	$ 85	81,537	157,193	1,721	(225)	240,311
Balance (in shares) at Mar. 31, 2021	8,466,080
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income			8,549			8,549
Dividends paid			(1,136)			(1,136)
Share-based compensation		298				298
Common stock repurchased	$ (2)	(5,540)				(5,542)
Common stock repurchased (in shares)	(200,588)
Stock options exercised, net		(928)				(928)
Stock options exercised, net (in shares)	68,074
Other comprehensive income, net of tax				(287)		(287)
ESOP shares allocated		430			65	495
Balance at Jun. 30, 2021	$ 83	$ 75,797	$ 164,606	$ 1,434	$ (160)	$ 241,760
Balance (in shares) at Jun. 30, 2021	8,333,566

Consolidated Statement of Chang

Consolidated Statement of Changes in Stockholders' Equity (Parenthetical)	3 Months Ended		6 Months Ended
	Jun. 30, 2021$ / shares	Jun. 30, 2020$ / shares	Jun. 30, 2021$ / shares	Jun. 30, 2020$ / shares
Statement of Stockholders' Equity [Abstract]
Dividends paid (in dollars per share)	$ 0.13	$ 0.11	$ 0.27	$ 0.21

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	6 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Jun. 30, 2021	Jun. 30, 2020
CASH FLOWS (USED BY) FROM OPERATING ACTIVITIES
Net income	$ 20,432,000	$ 15,187,000
Adjustments to reconcile net income to net cash from (used by) operating activities
Provision for loan losses	1,500,000	8,335,000
Depreciation, amortization and accretion	8,815,000	6,777,000
Compensation expense related to stock options and restricted stock awards	593,000	447,000
ESOP compensation expense for allocated shares	897,000	505,000
Increase in cash surrender value of BOLI	(429,000)	(431,000)
Gain on sale of loans held for sale	(17,971,000)	(19,264,000)
Gain on sale of portfolio loans	(106,000)	0
Gain on sale of investment securities	0	(182,000)
Origination of loans held for sale	(738,564,000)	(708,946,000)
Proceeds from sale of loans held for sale	806,668,000	651,962,000
(Recovery) impairment of servicing rights	(2,046,000)	1,317,000
Loss on sale of OREO	9,000	2,000
Changes in operating assets and liabilities
Accrued interest receivable	(293,000)	(395,000)
Other assets	(3,834,000)	4,667,000
Other liabilities	(2,256,000)	3,464,000
Net cash from (used by) operating activities	73,415,000	(36,555,000)
Activity in securities available-for-sale:
Proceeds from sale of investment securities	0	9,173,000
Maturities, prepayments, and calls	11,537,000	20,258,000
Purchases	(69,423,000)	(67,632,000)
Maturities of certificates of deposit at other financial institutions	496,000	2,976,000
Portfolio loan originations and principal collections, net	(116,050,000)	(84,333,000)
Proceeds from sale of portfolio loans	2,699,000	0
Purchase of portfolio loans	0	(32,743,000)
Proceeds from sale of OREO, net	81,000	76,000
Purchase of premises and equipment, net	(1,595,000)	(960,000)
Change in FHLB stock, net	2,374,000	386,000
Net cash used by investing activities	(169,881,000)	(152,799,000)
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase in deposits	184,462,000	214,595,000
Proceeds from borrowings	0	315,114,000
Repayments of borrowings	(123,281,000)	(249,723,000)
Net proceeds from issuance of subordinated notes	49,333,000	0
Repayment of subordinated notes	(10,000,000)	0
Dividends paid on common stock	(2,231,000)	(1,812,000)
Disbursements from stock options exercised, net	(1,024,000)	(246,000)
Common stock repurchased	(5,815,000)	(8,228,000)
Net cash from financing activities	91,444,000	269,700,000
NET (DECREASE) INCREASE IN CASH AND CASH EQUIVALENTS	(5,022,000)	80,346,000
CASH AND CASH EQUIVALENTS, beginning of period	91,576,000	45,778,000
CASH AND CASH EQUIVALENTS, end of period	86,554,000	126,124,000
SUPPLEMENTARY DISCLOSURES OF CASH FLOW INFORMATION
Interest on deposits and borrowings	4,682,000	7,980,000
Income taxes	6,206,000	70,000
SUPPLEMENTARY DISCLOSURES OF NONCASH OPERATING, INVESTING AND FINANCING ACTIVITIES
Change in unrealized (loss) gain on investment securities	(2,509,000)	4,698,000
Change in unrealized gain on cash flow hedges	1,109,000	1,456,000
Retention in gross mortgage servicing rights from loan sales	5,600,000	4,401,000
Right-of-use assets in exchange for lease liabilities	$ 979,000	$ 366,000

Basis of Presentation and Summa

Basis of Presentation and Summary of Significant Accounting Policies	6 Months Ended
	Jun. 30, 2021
Basis of Presentation and Summary of Significant Accounting Policies
Basis of Presentation and Summary of Significant Accounting Policies	NOTE 1 - BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Nature of Operations - a Financial Statement Presentation - The results for the three and six months ended June 30, 2021 are not necessarily indicative of the results that may be expected for the year ending December 31, 2021, or any other future period. The preparation of financial statements, in conformity with U.S. GAAP, requires management to make estimates and assumptions that affect amounts reported in the financial statements. Actual results could differ from these estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan and lease losses, fair value of financial instruments, the valuation of servicing rights, deferred income taxes, and if needed, a deferred tax asset valuation allowance. Amounts presented in the consolidated financial statements and footnote tables are rounded and presented to the nearest thousands of dollars except per share amounts. If the amounts are above $1.0 million, they are rounded one decimal point, and if they are above $1.0 billion, they are rounded two decimal points. Principles of Consolidation - Segment Reporting - Subsequent Events - RECENT ACCOUNTING PRONOUNCEMENTS In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, as amended by ASU 2018-19, ASU 2019-10, and ASU 2019-11. organizations. The ASU requires the recognition and measurement of all current expected credit losses (“CECL”) for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to better inform their credit loss estimates. Many of the loss estimation techniques applied today will still be permitted, although the inputs to those techniques will change to reflect the approach under CECL. Organizations will continue to use judgment to determine which loss estimation method is appropriate for their circumstances. The ASU requires enhanced disclosures to help investors and other financial statement users better understand significant estimates and judgments used in estimating credit losses, as well as the credit quality and underwriting standards of an organization’s portfolio. These disclosures include qualitative and quantitative requirements that provide additional information about the amounts recorded in the financial statements. In addition, the ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. The ASU and associated amendments are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2022. Early adoption will be permitted for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. The Company has selected a third-party vendor to assist in the implementation of this ASU and has run parallel computations as it continues to evaluate the impact of adoption of the new standard. As part of the implementation, management is also evaluating economic variables and forecast time horizons it believes to be most relevant based on the composition of the loan portfolio to develop a reasonable and supportable forecast, likely to include forecasted levels of employment, gross domestic product, and home price index, depending on the nature of the loan segment, as well as various loss methodologies to estimate expected credit losses. In addition, management has kept current on evolving interpretations and industry practices related to ASU 2016-13 via webcasts, publications, and conferences. Once adopted, the Company anticipates the allowance for loan losses to potentially increase through a one-time adjustment to retained earnings, however, until the evaluation is complete the magnitude of the potential increase will be unknown. In April 2019, the FASB issued ASU 2019-04, Codification Improvements to Topic 326: Financial Instruments-Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments In May 2019, the FASB issued ASU 2019-05, Financial Instruments-Credit Losses (Topic 326): Targeted Transition Relief In March 2020, the FASB issued ASU No. 2020-04, “Reference Rate Reform” (“Topic 848”) for as separate contracts; and 3) Modifications of contracts do not require an entity to reassess its original conclusion about whether that contract contains an embedded derivative that is clearly and closely related to the economic characteristics and risks of the host contract under Subtopic 815-15, Derivatives and Hedging - Embedded Derivatives. In January 2021, ASU 2021-01 updated amendments in the new ASU to clarify that certain optional expedients and exceptions in Topic 848 for contract modifications and hedge accounting apply to derivative instruments that use an interest rate for margining, discounting, or contract price alignment that is modified as a result of reference rate reform. Amendments in this ASU and the expedients and exceptions in Topic 848 capture the incremental consequences of the scope clarification and tailor the existing guidance to derivative instruments affected by the discounting transition. An entity may elect to apply the amendments in this ASU on a full retrospective basis as of any date from the effective dates. The amendments in this ASU have differing effective dates, beginning with an interim period including and subsequent to March 12, 2020 through December 31, 2022. The Company does not expect the adoption of ASU 2020-04 to have a material impact on its consolidated financial statements. Recent Events On December 27, 2020, the Consolidated Appropriations Act (“CAA 2021”) was signed into law. Among other purposes, this act provides additional coronavirus emergency response and relief, including extending relief offered under the Coronavirus Aid, Relief, and Economic Security Act of 2020 signed into law on March 27, 2020 (“CARES Act”) related to troubled debt restructurings (“TDRs”) as a result of COVID-19 through January 1, 2022 or 60 days after the end of the national emergency declared by the President, whichever is earlier. Application of New Accounting Guidance Adopted in 2021 In October 2020, the FASB issued ASU 2020-08, Codification Improvements to Subtopic 310-20: Receivables – Nonrefundable Fees and Other Costs In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes.

Investments

Investments	6 Months Ended
Investments	Jun. 30, 2021
Investments, Debt and Equity Securities [Abstract]
Investments	NOTE 2 - INVESTMENTS The following tables present the amortized costs, unrealized gains, unrealized losses, and estimated fair values of securities available-for-sale and held-to-maturity at June 30, 2021 and December 31, 2020: June 30, 2021 Estimated Amortized Unrealized Unrealized Fair SECURITIES AVAILABLE-FOR-SALE Cost Gains Losses Values U.S. agency securities $ 16,870 $ 146 $ (189) $ 16,827 Corporate securities 11,907 47 (425) 11,529 Municipal bonds 111,469 1,671 (1,687) 111,453 Mortgage-backed securities 74,006 2,176 (183) 75,999 U.S. Small Business Administration securities 16,369 393 — 16,762 Total securities available-for-sale 230,621 4,433 (2,484) 232,570 SECURITIES HELD-TO-MATURITY Corporate securities 7,500 500 — 8,000 Total securities held-to-maturity 7,500 500 — 8,000 Total securities $ 238,121 $ 4,933 $ (2,484) $ 240,570 December 31, 2020 Estimated Amortized Unrealized Unrealized Fair SECURITIES AVAILABLE-FOR-SALE Cost Gains Losses Values U.S. agency securities $ 7,940 $ 166 $ (1) $ 8,105 Corporate securities 11,885 54 (939) 11,000 Municipal bonds 69,572 2,435 (150) 71,857 Mortgage-backed securities 65,722 2,541 (76) 68,187 U.S. Small Business Administration securities 18,441 443 (15) 18,869 Total securities available-for-sale 173,560 5,639 (1,181) 178,018 SECURITIES HELD-TO-MATURITY Corporate securities 7,500 77 (21) 7,556 Total securities held-to-maturity 7,500 77 (21) 7,556 Total securities $ 181,060 $ 5,716 $ (1,202) $ 185,574 At June 30, 2021, the Bank pledged seven securities held at the FHLB of Des Moines with a carrying value of $8.5 million to secure Washington State public deposits of $16.3 million with a $6.7 million collateral requirement by the Washington Public Deposit Protection Commission. At December 31, 2020, the Bank pledged seven securities held at the FHLB of Des Moines with a carrying value of $8.8 million to secure Washington State public deposits of $13.2 million with a $5.3 million minimum collateral requirement by the Washington Public Deposit Protection Commission. At June 30, 2021, the Bank had pledged two securities with a carrying value of $3.2 million to secure interest rate swaps designated as cash flow hedges. Investment securities that were in an unrealized loss position at June 30, 2021 and December 31, 2020 are presented in the following tables, based on the length of time individual securities have been in an unrealized loss position. Management believes that these securities are only temporarily impaired due to changes in market interest rates or the widening of market spreads subsequent to the initial purchase of the securities, and not due to concerns regarding the underlying credit of the issuers or the underlying collateral. June 30, 2021 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized SECURITIES AVAILABLE-FOR-SALE Value Losses Value Losses Value Losses U.S. agency securities $ 7,688 $ (189) $ — $ — $ 7,688 $ (189) Corporate securities 3,702 (296) 2,870 (129) 6,572 (425) Municipal bonds 57,949 (1,687) — — 57,949 (1,687) Mortgage-backed securities 6,233 (73) 7,837 (110) 14,070 (183) Total securities available-for-sale $ 75,572 $ (2,245) $ 10,707 $ (239) $ 86,279 $ (2,484) December 31, 2020 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized SECURITIES AVAILABLE-FOR-SALE Value Losses Value Losses Value Losses U.S. agency securities $ 1,986 $ (1) $ — $ — $ 1,986 $ (1) Corporate securities 7,059 (939) — — 7,059 (939) Municipal bonds 8,377 (150) — — 8,377 (150) Mortgage-backed securities 6,903 (65) 3,002 (11) 9,905 (76) U.S. Small Business Administration securities 2,314 (15) — — 2,314 (15) Total securities available-for-sale 26,639 (1,170) 3,002 (11) 29,641 (1,181) SECURITIES HELD-TO-MATURITY Corporate securities 4,979 (21) — — 4,979 (21) Total securities held-to-maturity 4,979 (21) — — 4,979 (21) Total $ 31,618 $ (1,191) $ 3,002 $ (11) $ 34,620 $ (1,202) There were 50 investments with unrealized losses of less than one year, and four investments with an unrealized loss of more than one year at June 30, 2021. There were 21 investments with unrealized losses of less than one year, and one investment with an unrealized loss of more than one year at December 31, 2020. The unrealized losses associated with these investments are believed to be caused by changing market conditions that are considered to be temporary and the Company does not intend to sell the securities, and it is not likely to be required to sell these securities prior to maturity. Based on the Company’s evaluation of these securities, no other-than-temporary impairment was recorded for the six months ended June 30, 2021, or for the year ended December 31, 2020. Additional deterioration in market and economic conditions related to the COVID-19 pandemic, may have an adverse impact on credit quality in the future and result in other-than-temporary impairment charges. The contractual maturities of securities available-for-sale and held-to-maturity at June 30, 2021 and December 31, 2020 are listed below. Expected maturities of mortgage-backed securities may differ from contractual maturities because borrowers may have the right to call or prepay the obligations; therefore, these securities are classified separately with no specific maturity date. June 30, 2021 December 31, 2020 SECURITIES AVAILABLE-FOR-SALE Amortized Fair Amortized Fair U.S. agency securities Cost Value Cost Value Due after one year through five years $ 968 $ 1,033 $ 978 $ 1,060 Due after five years through ten years 4,913 4,927 1,000 1,036 Due after ten years 10,989 10,867 5,962 6,009 Subtotal 16,870 16,827 7,940 8,105 Corporate securities Due in one year or less 2,413 2,428 2,392 2,433 Due after one year through five years 3,494 3,505 3,493 3,491 Due after five years through ten years 4,000 3,704 4,000 3,676 Due after ten years 2,000 1,892 2,000 1,400 Subtotal 11,907 11,529 11,885 11,000 Municipal bonds Due in one year or less — — 101 101 Due after one year through five years 3,736 3,924 3,749 3,980 Due after five years through ten years 8,902 9,136 7,994 8,321 Due after ten years 98,831 98,393 57,728 59,455 Subtotal 111,469 111,453 69,572 71,857 Mortgage-backed securities Federal National Mortgage Association (“FNMA”) 58,278 60,204 47,675 50,005 Federal Home Loan Mortgage Corporation (“FHLMC”) 10,948 10,930 11,825 11,913 Government National Mortgage Association (“GNMA”) 4,780 4,865 6,222 6,269 Subtotal 74,006 75,999 65,722 68,187 U.S. Small Business Administration securities Due after one year through five years 3,436 3,506 2,266 2,353 Due after five years through ten years 5,148 5,280 8,097 8,333 Due after ten years 7,785 7,976 8,078 8,183 Subtotal 16,369 16,762 18,441 18,869 Total securities available-for-sale 230,621 232,570 173,560 178,018 SECURITIES HELD-TO-MATURITY Corporate securities Due after five years through ten years 7,500 8,000 7,500 7,556 Total securities held-to-maturity 7,500 8,000 7,500 7,556 Total securities $ 238,121 $ 240,570 $ 181,060 $ 185,574 There were no sales proceeds, gains or losses for the three and six months ended June 30, 2021 and $9.2 million in proceeds and $182,000 in gains for both the three and six months ended June 30, 2020 from securities available-for-sale.

Loans Receivable and Allowance

Loans Receivable and Allowance For Loan Losses	6 Months Ended
Loans Receivable and Allowance For Loan Losses	Jun. 30, 2021
Receivables [Abstract]
Loans Receivable and Allowance For Loan Losses	NOTE 3 - LOANS RECEIVABLE AND ALLOWANCE FOR LOAN LOSSES The composition of the loan portfolio was as follows at June 30, 2021 and December 31, 2020: June 30, December 31, REAL ESTATE LOANS 2021 2020 Commercial $ 231,196 $ 222,719 Construction and development 242,715 216,975 Home equity 40,718 43,093 One-to-four-family (excludes loans held for sale) 335,397 311,093 Multi-family 133,828 131,601 Total real estate loans 983,854 925,481 CONSUMER LOANS Indirect home improvement 308,447 286,020 Marine 86,216 85,740 Other consumer 3,177 3,418 Total consumer loans 397,840 375,178 COMMERCIAL BUSINESS LOANS Commercial and industrial 242,287 224,476 Warehouse lending 54,072 49,092 Total commercial business loans 296,359 273,568 Total loans receivable, gross 1,678,053 1,574,227 Allowance for loan and lease losses (27,234) (26,172) Deferred costs and fees, net (5,514) (4,017) Premiums on purchased loans, net 359 943 Total loans receivable, net $ 1,645,664 $ 1,544,981 Most of the Company’s commercial and multi-family real estate, construction, residential, and/or commercial business lending activities are with customers located in Western Washington and near the loan production office located in the Tri-Cities, Washington. The Company originates real estate, consumer, and commercial business loans and has concentrations in these areas, however, indirect home improvement loans, including solar-related home improvement loans, are originated through a network of home improvement contractors and dealers located throughout Washington, Oregon, California, Idaho, Colorado, Arizona, Minnesota, and Nevada. Loans are generally secured by collateral and rights to collateral vary and are legally documented to the extent practicable. Local economic conditions may affect borrowers’ ability to meet the stated repayment terms. At June 30, 2021, the Bank held approximately $751.8 million in loans that are pledged as collateral for FHLB advances, compared to approximately $774.8 million at December 31, 2020. The Bank held approximately $396.8 million in loans that are pledged as collateral for the Federal Reserve Bank of San Francisco (“FRB”) line of credit at June 30, 2021, compared to approximately $369.2 million at December 31, 2020. At June 30, 2021, the Bank held $73.2 million of loans originated under the U.S. Small Business Administration’s (“SBA”) Paycheck Protection Program (“PPP”) which qualified as collateral for non-recourse advances under the FRB’s Paycheck Protection Program Liquidity Facility (“PPPLF”). The PPPLF concluded on July 30, 2021. Included in the carrying value of gross loans are net discounts on loans purchased in the Anchor Bank acquisition in November 2018 (“Anchor Acquisition”). The remaining net discount on loans acquired was $1.0 million and $1.5 million, on $100.2 million and $132.6 million of gross loans at June 30, 2021 and December 31, 2020, respectively. The Company has defined its loan portfolio into three segments that reflect the structure of the lending function, the Company’s strategic plan and the manner in which management monitors performance and credit quality. The three loan portfolio segments are: (a) Real Estate Loans, (b) Consumer Loans, and (c) Commercial Business Loans. Each of these segments is disaggregated into classes based on the risk characteristics of the borrower and/or the collateral type securing the loan. The following is a summary of each of the Company’s loan portfolio segments and classes: Real Estate Loans Commercial Lending Construction and Development Lending Home Equity Lending One-to-Four-Family Real Estate Lending Multi-Family Lending Consumer Loans Indirect Home Improvement Marine Other Consumer. Commercial Business Loans Commercial and Industrial Lending (“C&I”) Warehouse Lending The following tables detail activity in the allowance for loan losses by loan categories at or for the three and six months ended June 30, 2021 and 2020: At or For the Three Months Ended June 30, 2021 Commercial ALLOWANCE FOR LOAN LOSSES Real Estate Consumer Business Unallocated Total Beginning balance $ 13,615 $ 6,815 $ 5,669 $ 1,276 $ 27,375 Provision (recapture) for loan losses 693 349 5 (1,047) — Charge-offs — (349) — — (349) Recoveries — 208 — — 208 Net charge-offs — (141) — — (141) Ending balance $ 14,308 $ 7,023 $ 5,674 $ 229 $ 27,234 Period end amount allocated to: Loans individually evaluated for impairment $ — $ 269 $ 988 $ — $ 1,257 Loans collectively evaluated for impairment 14,308 6,754 4,686 229 25,977 Ending balance $ 14,308 $ 7,023 $ 5,674 $ 229 $ 27,234 LOANS RECEIVABLE Loans individually evaluated for impairment $ 1,049 $ 768 $ 4,487 $ — $ 6,304 Loans collectively evaluated for impairment 982,805 397,072 291,872 — 1,671,749 Ending balance $ 983,854 $ 397,840 $ 296,359 $ — $ 1,678,053 At or For the Three Months Ended June 30, 2020 Commercial ALLOWANCE FOR LOAN LOSSES Real Estate Consumer Business Unallocated Total Beginning balance $ 7,243 $ 4,199 $ 4,244 $ 1,186 $ 16,872 Provision (recapture) for loan losses 4,669 1,055 (121) (954) 4,649 Charge-offs — (303) — — (303) Recoveries — 181 125 — 306 Net (charge-offs) recoveries — (122) 125 — 3 Ending balance $ 11,912 $ 5,132 $ 4,248 $ 232 $ 21,524 Period end amount allocated to: Loans individually evaluated for impairment $ 15 $ 259 $ 639 $ — $ 913 Loans collectively evaluated for impairment 11,897 4,873 3,609 232 20,611 Ending balance $ 11,912 $ 5,132 $ 4,248 $ 232 $ 21,524 LOANS RECEIVABLE Loans individually evaluated for impairment $ 2,889 $ 746 $ 4,262 $ — $ 7,897 Loans collectively evaluated for impairment 865,036 344,575 251,400 — 1,461,011 Ending balance $ 867,925 $ 345,321 $ 255,662 $ — $ 1,468,908 At or For the Six Months Ended June 30, 2021 Commercial ALLOWANCE FOR LOAN LOSSES Real Estate Consumer Business Unallocated Total Beginning balance $ 13,846 $ 6,696 $ 4,939 $ 691 $ 26,172 Provision (recapture) for loan losses 462 727 773 (462) 1,500 Charge-offs — (852) (38) — (890) Recoveries — 452 — — 452 Net charge-offs — (400) (38) — (438) Ending balance $ 14,308 $ 7,023 $ 5,674 $ 229 $ 27,234 Period end amount allocated to: Loans individually evaluated for impairment $ — $ 269 $ 988 $ — $ 1,257 Loans collectively evaluated for impairment 14,308 6,754 4,686 229 25,977 Ending balance $ 14,308 $ 7,023 $ 5,674 $ 229 $ 27,234 LOANS RECEIVABLE Loans individually evaluated for impairment $ 1,049 $ 768 $ 4,487 $ — $ 6,304 Loans collectively evaluated for impairment 982,805 397,072 291,872 — 1,671,749 Ending balance $ 983,854 $ 397,840 $ 296,359 $ — $ 1,678,053 At or For the Six Months Ended June 30, 2020 Commercial ALLOWANCE FOR LOAN LOSSES Real Estate Consumer Business Unallocated Total Beginning balance $ 6,206 $ 3,766 $ 3,254 $ 3 $ 13,229 Provision for loan losses 5,688 1,715 703 229 8,335 Charge-offs — (673) (11) — (684) Recoveries 18 324 302 — 644 Net recoveries (charge-offs) 18 (349) 291 — (40) Ending balance $ 11,912 $ 5,132 $ 4,248 $ 232 $ 21,524 Period end amount allocated to: Loans individually evaluated for impairment $ 15 $ 259 $ 639 $ — $ 913 Loans collectively evaluated for impairment 11,897 4,873 3,609 232 20,611 Ending balance $ 11,912 $ 5,132 $ 4,248 $ 232 $ 21,524 LOANS RECEIVABLE Loans individually evaluated for impairment $ 2,889 $ 746 $ 4,262 $ — $ 7,897 Loans collectively evaluated for impairment 865,036 344,575 251,400 — 1,461,011 Ending balance $ 867,925 $ 345,321 $ 255,662 $ — $ 1,468,908 Nonaccrual and Past Due Loans As a result of the COVID-19 pandemic, the Company has and will continue to assist customers with an array of payment programs during periods of financial hardship, including forbearance. Forbearance allows a borrower to temporarily not make scheduled payments or to make smaller than scheduled payments, in each case for a specified period of time. Forbearance does not grant any reduction in the total principal or interest repayment obligation. While a loan is in forbearance status, interest continues to accrue and is repaid over a specified time period when the loan re-enters repayment status. As of June 30, 2021, the amount of loans remaining under payment/relief agreements included commercial real estate loans of $24.4 million, commercial business loans of $9.3 million, and consumer loans of $147,000. These loans were classified as current and accruing interest as of June 30, 2021, with the exception of $4.5 million in commercial business loans which were classified as nonaccrual, yet current on contractual payments. These modifications were not classified as TDRs at June 30, 2021 in accordance with the CARES Act and related bank agency regulatory guidance. Loan modifications in accordance with the CARES Act and related banking agency regulatory guidance are still subject to an evaluation in regard to determining whether or not a loan is deemed to be impaired. At June 30, 2021 and December 31, 2020, the Company had no TDRs. There were no TDRs which incurred a payment default within twelve months of the restructure date during the three and six-month periods ended June 30, 2021 and 2020. The following tables provide information pertaining to the aging analysis of contractually past due loans and nonaccrual loans at June 30, 2021 and December 31, 2020: June 30, 2021 30-59 60-89 Days Days 90 Days Total Total Past Past or More Past Loans Non- REAL ESTATE LOANS Due Due Past Due Due Current Receivable Accrual Commercial $ — $ — $ — $ — $ 231,196 $ 231,196 $ — Construction and development — — — — 242,715 242,715 — Home equity 85 — 479 564 40,154 40,718 479 One-to-four-family — 126 571 697 334,700 335,397 571 Multi-family — — — — 133,828 133,828 — Total real estate loans 85 126 1,050 1,261 982,593 983,854 1,050 CONSUMER LOANS Indirect home improvement 389 269 293 951 307,496 308,447 605 Marine — 3 50 53 86,163 86,216 135 Other consumer 15 3 27 45 3,132 3,177 27 Total consumer loans 404 275 370 1,049 396,791 397,840 767 COMMERCIAL BUSINESS LOANS Commercial and industrial — — — — 242,287 242,287 4,487 Warehouse lending — — — — 54,072 54,072 — Total commercial business loans — — — — 296,359 296,359 4,487 Total loans $ 489 $ 401 $ 1,420 $ 2,310 $ 1,675,743 $ 1,678,053 $ 6,304 December 31, 2020 30-59 60-89 Days Days 90 Days Total Total Past Past or More Past Loans Non- REAL ESTATE LOANS Due Due Past Due Due Current Receivable Accrual Commercial $ — $ — $ — $ — $ 222,719 $ 222,719 $ — Construction and development 1,850 — — 1,850 215,125 216,975 — Home equity 127 137 219 483 42,610 43,093 636 One-to-four-family 389 404 512 1,305 309,788 311,093 644 Multi-family — — — — 131,601 131,601 — Total real estate loans 2,366 541 731 3,638 921,843 925,481 1,280 CONSUMER LOANS Indirect home improvement 683 331 325 1,339 284,681 286,020 826 Marine 28 77 22 127 85,613 85,740 44 Other consumer 73 22 — 95 3,323 3,418 1 Total consumer loans 784 430 347 1,561 373,617 375,178 871 COMMERCIAL BUSINESS LOANS Commercial and industrial — 1,204 — 1,204 223,272 224,476 5,610 Warehouse lending — — — — 49,092 49,092 — Total commercial business loans — 1,204 — 1,204 272,364 273,568 5,610 Total loans $ 3,150 $ 2,175 $ 1,078 $ 6,403 $ 1,567,824 $ 1,574,227 $ 7,761 There were no loans 90 days or more past due and still accruing interest at both June 30, 2021 and December 31, 2020. The following tables provide additional information about our impaired loans that have been segregated to reflect loans for which no allowance for loan losses has been provided and loans for which an allowance was provided at June 30, 2021 and December 31, 2020: June 30, 2021 Unpaid WITH NO RELATED ALLOWANCE RECORDED Principal Recorded Related Real estate loans: Balance Investment Allowance Home equity $ 534 $ 479 $ — One-to-four-family 631 570 — 1,165 1,049 — WITH RELATED ALLOWANCE RECORDED Consumer loans: Indirect 606 606 212 Marine 135 135 48 Other consumer 27 27 9 Commercial business loans: Commercial and industrial 4,487 4,487 988 5,255 5,255 1,257 Total $ 6,420 $ 6,304 $ 1,257 December 31, 2020 Unpaid WITH NO RELATED ALLOWANCE RECORDED Principal Recorded Related Real estate loans: Balance Investment Allowance Home equity 687 636 — One-to-four-family 645 584 — Commercial business loans: Commercial and industrial 1,203 1,203 — 2,535 2,423 — WITH RELATED ALLOWANCE RECORDED Real estate loans: One-to-four-family 61 60 15 Consumer loans: Indirect 826 826 289 Marine 44 44 15 Other consumer 1 1 1 Commercial business loans: Commercial and industrial 4,407 4,407 990 5,339 5,338 1,310 Total $ 7,874 $ 7,761 $ 1,310 The following tables present the average recorded investment in loans individually evaluated for impairment and the interest income recognized and received for the three and six months ended June 30, 2021 and 2020: At or For the Three Months Ended June 30, 2021 June 30, 2020 WITH NO RELATED ALLOWANCE RECORDED Average Recorded Interest Income Average Recorded Interest Income Real estate loans: Investment Recognized Investment Recognized Commercial $ — $ — $ 1,090 $ 19 Construction and development 1,233 — — — Home equity 506 7 412 11 One-to-four-family 645 4 1,124 2 Consumer loans: Other consumer — — 4 — 2,384 11 2,630 32 WITH AN ALLOWANCE RECORDED Real estate loans: One-to-four-family 20 — 60 — Consumer loans: Indirect 671 8 601 11 Marine 102 2 85 1 Other consumer 19 1 — — Commercial business loans: Commercial and industrial 4,487 105 1,421 162 5,299 116 2,167 174 Total $ 7,683 $ 127 $ 4,797 $ 206 At or For the Six Months Ended June 30, 2021 June 30, 2020 WITH NO RELATED ALLOWANCE RECORDED Average Recorded Interest Income Average Recorded Interest Income Real estate loans: Investment Recognized Investment Recognized Commercial $ — $ — $ 1,087 $ 27 Construction and development 1,541 — — — Home equity 579 9 316 11 One-to-four-family 594 6 1,177 7 Consumer loans: Other consumer — — 5 — 2,714 15 2,585 45 WITH AN ALLOWANCE RECORDED Real estate loans: One-to-four-family 40 — 60 — Consumer loans: — Indirect 728 22 574 24 Marine 69 3 63 1 Other consumer 11 1 1 — Commercial business loans: Commercial and industrial 5,082 105 710 162 5,930 131 1,408 187 Total $ 8,644 $ 146 $ 3,993 $ 232 Credit Quality Indicators As part of the Company’s on-going monitoring of credit quality of the loan portfolio, management tracks certain credit quality indicators including trends related to (i) the risk grading of loans, (ii) the level of classified loans, (iii) net charge-offs, (iv) non-performing loans, and (v) the general economic conditions in the Company’s markets. All loans modified due to COVID-19 are separately monitored and any request for continuation of relief beyond the initial modification will be reassessed at that time to determine if a further modification should be granted and if a downgrade in risk rating is appropriate. The Company utilizes a risk grading matrix to assign a risk grade to its real estate and commercial business loans. Loans are graded on a scale of 1 to 10, with loans in risk grades 1 to 6 considered “Pass” and loans in risk grades 7 to 10 are reported as classified loans in the Company’s allowance for loan loss analysis. A description of the 10 risk grades is as follows: ● Grades 1 and 2 - These grades include loans to very high-quality borrowers with excellent or desirable business credit. ● Grade 3 - This grade includes loans to borrowers of good business credit with moderate risk. ● Grades 4 and 5 - These grades include “Pass” grade loans to borrowers of average credit quality and risk. ● Grade 6 - This grade includes loans on management’s “Watch” list and is intended to be utilized on a temporary basis for “Pass” grade borrowers where frequent and thorough monitoring is required due to credit weaknesses and where significant risk-modifying action is anticipated in the near term. ● Grade 7 - This grade is for “Other Assets Especially Mentioned” (“OAEM”) in accordance with regulatory guidelines and includes borrowers where performance is poor or significantly less than expected. ● Grade 8 - This grade includes “Substandard” loans in accordance with regulatory guidelines which represent an unacceptable business credit where a loss is possible if loan weakness is not corrected. ● Grade 9 - This grade includes “Doubtful” loans in accordance with regulatory guidelines where a loss is highly probable. ● Grade 10 - This grade includes “Loss” loans in accordance with regulatory guidelines for which total loss is expected and when identified are charged off. Consumer, Home Equity, and One-to-Four-Family Real Estate Loans Homogeneous loans are risk rated based upon the Federal Financial Institutions Examination Council’s Uniform Retail Credit Classification and Account Management Policy. Loans classified under this policy at the Company are consumer loans which include indirect home improvement, solar, marine, other consumer, and one-to-four-family first and second liens. Under the Uniform Retail Credit Classification Policy, loans that are current or less than 90 days past due are graded “Pass” and risk rated “4” or “5” internally. Loans that are past due more than 90 days are classified “Substandard” and risk graded “8” internally until the loan has demonstrated consistent performance, typically six months of contractual payments. Closed-end loans that are 120 days past due and open-end loans that are 180 days past due are charged off based on the value of the collateral less cost to sell. Management may more conservatively risk rate credits even if paying in accordance with the loan’s repayment terms. Commercial real estate, construction and development, multi-family and commercial business loans are evaluated individually for their risk classification and may be classified as “Substandard” even if current on their loan payment obligations. The following tables summarize risk rated loan balances by category at the dates indicated: June 30, 2021 Special Pass Watch Mention Substandard Doubtful Loss REAL ESTATE LOANS (1 - 5) (6) (7) (8) (9) (10) Total Commercial $ 179,002 $ 49,795 $ 1,471 $ 928 $ — $ — $ 231,196 Construction and development 242,715 — — — — — 242,715 Home equity 40,239 — — 479 — — 40,718 One-to-four-family 328,206 — 185 7,006 — — 335,397 Multi-family 133,828 — — — — — 133,828 Total real estate loans 923,990 49,795 1,656 8,413 — — 983,854 CONSUMER LOANS Indirect home improvement 307,841 — — 606 — — 308,447 Marine 86,081 — — 135 — — 86,216 Other consumer 3,150 — — 27 — — 3,177 Total consumer loans 397,072 — — 768 — — 397,840 COMMERCIAL BUSINESS LOANS Commercial and industrial 213,731 13,657 1,805 13,094 — — 242,287 Warehouse lending 54,072 — — — — — 54,072 Total commercial business loans 267,803 13,657 1,805 13,094 — — 296,359 Total loans receivable, gross $ 1,588,865 $ 63,452 $ 3,461 $ 22,275 $ — $ — $ 1,678,053 December 31, 2020 Special Pass Watch Mention Substandard Doubtful Loss REAL ESTATE LOANS (1 - 5) (6) (7) (8) (9) (10) Total Commercial $ 157,932 $ 60,834 $ 3,013 $ 940 $ — $ — $ 222,719 Construction and development 212,209 2,917 1,849 — — — 216,975 Home equity 42,457 — — 636 — — 43,093 One-to-four-family 303,610 162 187 7,134 — — 311,093 Multi-family 131,601 — — — — — 131,601 Total real estate loans 847,809 63,913 5,049 8,710 — — 925,481 CONSUMER LOANS Indirect home improvement 285,194 — — 826 — — 286,020 Marine 85,696 — — 44 — — 85,740 Other consumer 3,417 — — 1 — — 3,418 Total consumer loans 374,307 — — 871 — — 375,178 COMMERCIAL BUSINESS LOANS Commercial and industrial 190,392 23,945 2,073 8,066 — — 224,476 Warehouse lending 49,092 — — — — — 49,092 Total commercial business loans 239,484 23,945 2,073 8,066 — — 273,568 Total loans receivable, gross $ 1,461,600 $ 87,858 $ 7,122 $ 17,647 $ — $ — $ 1,574,227

Servicing Rights

Servicing Rights	6 Months Ended
Servicing Rights	Jun. 30, 2021
Fair Value, Off-balance Sheet Risk [Abstract]
Servicing Rights	NOTE 4 - SERVICING RIGHTS Loans serviced for others are not included on the Consolidated Balance Sheets. The unpaid principal balances of permanent loans serviced for others were $2.47 billion and $2.17 billion at June 30, 2021 and December 31, 2020, respectively. The following tables summarize servicing rights activity for the three and six months ended June 30, 2021 and 2020: At or For the Three Months Ended June 30, 2021 2020 Beginning balance, at the lower of cost or fair value $ 15,735 $ 10,626 Additions 2,456 3,216 Servicing rights amortized (1,831) (2,367) Impairment of servicing rights (4) (803) Ending balance, at the lower of cost or fair value $ 16,356 $ 10,672 At or For the Six Months Ended June 30, 2021 2020 Beginning balance, at the lower of cost or fair value $ 12,595 $ 11,560 Additions 5,600 4,401 Servicing rights amortized (3,885) (3,972) Recovery (impairment) of servicing rights 2,046 (1,317) Ending balance, at the lower of cost or fair value $ 16,356 $ 10,672 The fair value of the servicing rights’ assets was $23.6 million and $12.8 million at June 30, 2021 and December 31, 2020, respectively. Fair value adjustments to servicing rights are mainly due to market-based assumptions associated with discounted cash flows, loan prepayment speeds, and changes in interest rates. A significant change in prepayments of the loans in the servicing portfolio could result in significant changes in the valuation adjustments, thus creating potential volatility in the carrying amount of servicing rights. The following provides valuation assumptions used in determining the fair value of mortgage servicing rights (“MSR”) at the dates indicated: At June 30, At December 31, Key assumptions: 2021 2020 Weighted average discount rate 9.1 % 9.1 % Conditional prepayment rate (“CPR”) 15.9 % 32.6 % Weighted average life in years 5.6 3.0 Key economic assumptions of the current fair value for single family MSR are presented in the table below. Also presented is the sensitivity to market rate changes for the par rate coupon for a conventional one-to-four-family FNMA, FHLMC, GNMA, or FHLB serviced home loan. The table below references a 50 basis point and 100 basis point adverse rate change and the impact on prepayment speeds and discount rates at June 30, 2021 and December 31, 2020: June 30, 2021 December 31, 2020 (1) Aggregate portfolio principal balance $ 2,474,223 $ 2,133,473 Weighted average rate of note 3.3 % 3.5 % At June 30, 2021 Base 0.5% Adverse Rate Change 1.0% Adverse Rate Change Conditional prepayment rate 15.9 % 23.9 % 37.0 % Fair value MSR $ 23,551 $ 18,575 $ 13,343 Percentage of MSR 1.0 % 0.8 % 0.5 % Discount rate 9.1 % 9.6 % 10.1 % Fair value MSR $ 23,551 $ 23,126 $ 22,717 Percentage of MSR 1.0 % 0.9 % 0.9 % At December 31, 2020 Base 0.5% Adverse Rate Change 1.0% Adverse Rate Change Conditional prepayment rate 32.6 % 40.6 % 59.6 % Fair value MSR $ 12,833 $ 10,922 $ 8,286 Percentage of MSR 0.6 % 0.5 % 0.4 % Discount rate 9.1 % 9.6 % 10.1 % Fair value MSR $ 12,833 $ 12,696 $ 12,562 Percentage of MSR 0.6 % 0.6 % 0.6 % ___________________________ (1) Excludes nonperforming serviced loans in forbearance. These sensitivities are hypothetical and should be used with caution as the tables above demonstrate the Company’s methodology for estimating the fair value of MSR which is highly sensitive to changes in key assumptions. For example, actual prepayment experience may differ and any difference may have a material effect on MSR fair value. Changes in fair value resulting from changes in assumptions generally cannot be extrapolated because the relationship of the change in the assumption to the change in fair value may not be linear. Also, in these tables, the effects of a variation in a particular assumption on the fair value of the MSR is calculated without changing any other assumption; in reality, changes in one factor may be associated with changes in another (for example, decreases in market interest rates may provide an incentive to refinance, however, this may also indicate a slowing economy and an increase in the unemployment rate, which reduces the number of borrowers who qualify for refinancing), which may magnify or counteract the sensitivities. Thus, any measurement of MSR fair value is limited by the conditions existing and assumptions made at a particular point in time. Those assumptions may not be appropriate if they are applied to a different point in time. The Company recorded $1.6 million and $1.0 million of gross contractually specified servicing fees, late fees, and other ancillary fees resulting from servicing of loans for the three months ended June 30, 2021 and 2020, respectively, and $3.0 million and $2.0 million for the six months ended June 30, 2021and 2020, respectively. The income, net of amortization, or the reduction in income, if MSR amortization is greater than servicing fees, is reported in noninterest income on the Consolidated Statements of Income.

Derivatives

Derivatives	6 Months Ended
Derivatives	Jun. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivatives	NOTE 5 - DERIVATIVES The Company regularly enters into commitments to originate and sell loans held for sale. The Company has established a hedging strategy to protect itself against the risk of loss associated with interest rate movements on loan commitments. The Company enters into contracts to sell forward To-Be-Announced (“TBA”) mortgage-backed securities. These commitments and contracts are considered derivatives but have not been designated as hedging instruments for reporting purposes under U.S. GAAP. Rather, they are accounted for as free-standing derivatives, or economic hedges, with changes in the fair value of the derivatives reported in noninterest income or noninterest expense. The Company recognizes all derivative instruments as either other assets or other liabilities on the Consolidated Balance Sheets and measures those instruments at fair value. Derivative instruments not related to mortgage banking activities primarily relate to interest rate swap agreements. The Company's objectives in using certain interest rate derivatives are to add stability to interest expense and to manage its exposure to interest rate movements. To accomplish this objective, the Company uses interest rate swaps as part of its interest rate risk management strategy. Interest rate swaps designated as cash flow hedges involve the receipt of variable amounts from a counterparty in exchange for the Company making fixed-rate payments over the life of the agreements without exchange of the underlying notional amount. The Company has entered into interest rate swaps to reduce the exposure to variability in interest-related cash outflows attributable to changes in forecasted LIBOR-based borrowings and brokered deposits. These derivative instruments are designated as cash flow hedges. The hedged item is the LIBOR portion of the series of future adjustable-rate borrowings and deposits over the term of the interest rate swap. Accordingly, changes to the amount of interest payment cash flows for the hedged transactions attributable to a change in credit risk are excluded from management’s assessment of hedge effectiveness. The Company tests for hedging effectiveness on a quarterly basis. The effective portion of changes in the fair value of derivatives designated and that qualify as cash flow hedges is recorded in accumulated other comprehensive income and is subsequently reclassified into earnings in the period that the hedged forecasted transaction affects earnings. The Company has not recorded any hedge ineffectiveness since inception. The Company has master netting agreements with derivative dealers with which it does business, but reflects gross assets and liabilities as other assets and other liabilities, respectively, on the Consolidated Balance Sheets. The net unrealized loss on cash flow hedges recorded in accumulated other comprehensive income was $96,000 and $967,000 , net of tax, at June 30, 2021 and December 31, 2020, respectively. The Company reclassified realized losses of $124,000 and realized gains of $15,000 from accumulated other comprehensive income to interest expense related to these cash flow hedges for the three months ended June 30, 2021 and June 30, 2020, respectively, and realized losses of $238,000 and realized gains of $14,000 for the six months ended June 30, 2021 and June 30, 2020, respectively. The Company expects that approximately $521,000 will be reclassified from accumulated other comprehensive income as an increase to interest expense over the next twelve months related to these cash flow hedges. The following tables summarize the Company’s derivative instruments at the dates indicated: June 30, 2021 Fair Value Cash flow hedges: Notional Asset Liability Interest rate swaps $ 90,000 $ 523 $ 645 Non-hedging derivatives: Fallout adjusted interest rate lock commitments with customers 110,858 2,106 — Mandatory and best effort forward commitments with investors 63,107 — 553 Forward TBA mortgage-backed securities 164,000 — 169 December 31, 2020 Fair Value Cash flow hedges: Notional Asset Liability Interest rate swaps $ 90,000 $ 21 $ 1,252 Non-hedging derivatives: Fallout adjusted interest rate lock commitments with customers 136,739 4,024 — Mandatory and best effort forward commitments with investors 25,027 — 67 Forward TBA mortgage-backed securities 232,000 — 1,602 At June 30, 2021 and December 31, 2020, the Company had $164.0 million and $232.0 million of TBA trades with counterparties that held margin collateral of $746,000 and $3.3 million, respectively. At June 30, 2021, the Bank had pledged two securities with a carrying value of $3.2 million to secure interest rate swaps designated as cash flow hedges. Changes in the fair value of the non-hedging derivatives recognized in noninterest income on the Consolidated Statements of Income and included in gain on sale of loans resulted in a net loss of $3.0 million and a net gain of $4.3 million for the three months ended June 30, 2021 and 2020, respectively, and a net loss of $3.9 million and net gain of $6.0 million for the six months ended June 30, 2021 and 2020, respectively.

Leases

Leases	6 Months Ended
Leases	Jun. 30, 2021
Leases [Abstract]
Leases	NOTE 6 - LEASES The Company has operating leases for retail bank, home lending branches, and certain equipment. The Company’s leases have remaining lease terms of six months to nine years, some of which include options to extend The components of lease cost (included in occupancy expense on the Consolidated Statements of Income) are as follows for the three and six months ended June 30, 2021 and 2020: Three Months Ended Three Months Ended Lease cost: June 30, 2021 June 30, 2020 Operating lease cost $ 360 $ 356 Short-term lease cost 1 1 Total lease cost $ 361 $ 357 Six Months Ended Six Months Ended Lease cost: June 30, 2021 June 30, 2020 Operating lease cost $ 709 $ 699 Short-term lease cost 2 9 Total lease cost $ 711 $ 708 The following tables provides supplemental information related to operating leases at or for the three and six months ended June 30, 2021 and 2020: At or For the At or For the Cash paid for amounts included in the Three Months Ended Three Months Ended measurement of lease liabilities: June 30, 2021 June 30, 2020 Operating cash flows from operating leases $ 353 $ 348 Weighted average remaining lease term- operating leases 5.1 years 5.1 years Weighted average discount rate- operating leases 2.21 % 2.66 % At or For the At or For the Cash paid for amounts included in the Six Months Ended Six Months Ended measurement of lease liabilities: June 30, 2021 June 30, 2020 Operating cash flows from operating leases $ 702 $ 684 Weighted average remaining lease term- operating leases 5.1 years 5.1 years Weighted average discount rate- operating leases 2.21 % 2.66 % The Company’s leases typically do not contain a discount rate implicit in the lease contract. As an alternative, the discount rate used in determining the lease liability for each individual lease was the FHLB of Des Moines’ fixed-advance rate. Maturities of operating lease liabilities at June 30, 2021 for future periods are as follows: Remainder of 2021 $ 703 2022 1,440 2023 1,069 2024 1,000 2025 650 Thereafter 1,059 Total lease payments 5,921 Less imputed interest (520) Total $ 5,401

Other Real Estate Owned ("OREO"

Other Real Estate Owned ("OREO")	6 Months Ended
Other Real Estate Owned ("OREO")	Jun. 30, 2021
Banking and Thrift [Abstract]
Other Real Estate Owned ("OREO")	NOTE 7 - OTHER REAL ESTATE OWNED (“OREO”) The following table presents the activity related to OREO at or for the three and six months ended June 30, 2021 and 2020: At or For the Three Months Ended At or For the Six Months Ended June 30, June 30, 2021 2020 2021 2020 Beginning balance $ — $ 90 $ 90 $ 168 Additions — — — — Gross proceeds from sale of OREO — — (81) (76) Loss on sale of OREO — — (9) (2) Ending balance $ — $ 90 $ — $ 90 There were no OREO properties at June 30, 2021, compared to one OREO property in the amount of $90,000 at June 30, 2020. There were no holding costs for both the three and six months ended June 30, 2021, and $2,000 for both the three and six months ended June 30, 2020. There was $286,000 in portfolio mortgage loans collateralized by residential real estate property in the process of foreclosure

Deposits

Deposits	6 Months Ended
Deposits	Jun. 30, 2021
Banking and Thrift [Abstract]
Deposits	NOTE 8 - DEPOSITS Deposits are summarized as follows at June 30, 2021 and December 31, 2020: June 30, December 31, 2021 2020 Noninterest-bearing checking $ 415,748 $ 348,421 Interest-bearing checking 257,206 226,282 Savings 181,505 152,842 Money market 483,935 429,548 Certificates of deposit less than $100,000 299,250 299,157 Certificates of deposit of $100,000 through $250,000 138,559 135,901 Certificates of deposit of $250,000 and over 65,938 67,488 Escrow accounts related to mortgages serviced 16,469 14,432 Total $ 1,858,610 $ 1,674,071 Scheduled maturities of time deposits at June 30, 2021 for future periods ending are as follows: At June 30, 2021 Maturing in 2021 $ 232,248 Maturing in 2022 149,703 Maturing in 2023 32,257 Maturing in 2024 24,198 Maturing in 2025 58,912 Thereafter 6,429 Total $ 503,747 Interest expense by deposit category for the three and six months ended June 30, 2021 and 2020 is as follows: Three Months Ended Six Months Ended June 30, June 30, 2021 2020 2021 2020 Interest-bearing checking $ 48 $ 77 $ 98 $ 212 Savings and money market 416 642 884 1,469 Certificates of deposit 1,406 2,507 2,870 5,352 Total $ 1,870 $ 3,226 $ 3,852 $ 7,033

Commitments and Contingencies

Commitments and Contingencies	6 Months Ended
Commitments and Contingencies	Jun. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	NOTE 9 - COMMITMENTS AND CONTINGENCIES Commitments - The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments. The following table provides a summary of the Company’s commitments at June 30, 2021 and December 31, 2020: COMMITMENTS TO EXTEND CREDIT June 30, December 31, REAL ESTATE LOANS 2021 2020 Commercial $ 2,438 $ 1,293 Construction and development 171,557 143,666 One-to-four-family (includes locks for saleable loans) 149,406 147,712 Home equity 56,648 52,457 Multi-family 3,261 658 Total real estate loans 383,310 345,786 CONSUMER LOANS 34,914 23,365 COMMERCIAL BUSINESS LOANS Commercial and industrial 109,653 106,171 Warehouse lending 46,428 52,909 Total commercial business loans 156,081 159,080 Total commitments to extend credit $ 574,305 $ 528,231 Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established in the contract. Since many of the commitments are expected to expire without being drawn upon, the amount of the total commitments do not necessarily represent future cash requirements. The Company evaluates each customer’s creditworthiness on a case-by-case basis. The amount of collateral obtained, if deemed necessary by the Company upon an extension of credit, is based on management’s credit evaluation of the party. Collateral held varies, but may include accounts receivable, inventory, property and equipment, residential real estate, and income-producing commercial properties. Unfunded commitments under commercial lines of credit, revolving credit lines, and overdraft protection agreements are commitments for possible future extensions of credit to existing customers. These lines of credit are uncollateralized and usually do not contain a specified maturity date and ultimately may not be drawn upon to the total extent to which the Company is committed. The Company has established reserves for estimated losses from unfunded commitments of $479,000 at June 30, 2021 and $407,000 at December 31, 2020. One-to-four-family commitments included in the table above are accounted for as fair value derivatives and do not carry an associated holdback. The Company’s derivative positions are presented with discussion in “Note 5 - Derivatives.” The Company also sells one-to-four-family loans to the FHLB of Des Moines that require a limited level of recourse if the loans default and exceed a certain loss exposure. Specific to that recourse, the FHLB of Des Moines established a first loss account (“FLA”) related to the loans and required a credit enhancement (“CE”) obligation by the Bank to be utilized after the FLA is used. Based on loans sold through June 30, 2021, the total loans sold to the FHLB were $18.8 million with the FLA totaling $938,000 and the CE obligation at $811,000 or 4.3% of the loans outstanding. Management has established a holdback of 10% of the outstanding CE, or $81,000, which is a part of the off-balance sheet holdback for loans sold. At June 30, 2021, there were no loans sold to the FHLB of Des Moines greater than 30 days past their contractual payment due date, compared to loans totaling $498,000 at December 31, 2020. Contingent liabilities for loans held for sale - The Company has entered into a severance agreement with its Chief Executive Officer (“CEO”). The severance agreement, subject to certain requirements, generally includes a lump sum payment to the CEO equal to 24 months of base compensation in the event his employment is involuntarily terminated, other than for cause or the executive terminates his employment with good reason, as defined in the severance agreement. The Company has entered into change of control agreements with its Chief Financial Officer, Chief Operating Officer, Chief Lending Officer, Chief Credit Officer, Chief Risk Officer, Chief Human Resources Officer, Senior Vice President Compliance Officer, Executive Vice President of Retail Banking and Marketing, and the Executive Vice President of Home Lending. The change of control agreements, subject to certain requirements, generally remain in effect until canceled by either party upon at least 24 months prior written notice. Under the change of control agreements, the executive generally will be entitled to a change of control payment from the Company if the executive is involuntarily terminated within six months preceding or 12 months after a change in control (as defined in the change of control agreements). In such an event, the executives would each be entitled to receive a cash payment in an amount equal to 12 months of their then current salary, subject to certain requirements in the change of control agreements. As a result of the nature of our activities, the Company is subject to various pending and threatened legal actions, which arise in the ordinary course of business. From time to time, subordination liens may create litigation which requires us to defend our lien rights. In the opinion of management, liabilities arising from these claims, if any, will not have a material effect on our financial position. The Company had no material pending legal actions at June 30, 2021.

Fair Value Measurements

Fair Value Measurements	6 Months Ended
Fair Value Measurements	Jun. 30, 2021
Fair Value Disclosures [Abstract]
Fair Value Measurements	NOTE 10 - FAIR VALUE MEASUREMENTS The Company determines fair value based on the requirements established in Accounting Standards Codification (“ASC”) Topic 820, Fair Value Measurements, Financial Instruments - Overall (Subtopic 825-10), Recognition and Measurement of Financial Assets and Financial Liabilities, The following definitions describe the levels of inputs that may be used to measure fair value: Level 1 Level 2 Level 3 The following methods were used to estimate the fair value of certain assets and liabilities on a recurring and nonrecurring basis: Securities - Mortgage Loans Held for Sale - Derivative Instruments - Impaired Loans Other Real Estate Owned Servicing Rights - The following tables present securities available-for-sale, mortgage loans held for sale, and derivative assets and liabilities measured at fair value on a recurring basis at the dates indicated: Financial Assets At June 30, 2021 Securities available-for-sale: Level 1 Level 2 Level 3 Total U.S. agency securities $ — $ 16,827 $ — $ 16,827 Corporate securities — 10,553 976 11,529 Municipal bonds — 111,312 141 111,453 Mortgage-backed securities — 75,999 — 75,999 U.S. Small Business Administration securities — 16,762 — 16,762 Mortgage loans held for sale, at fair value — 121,395 — 121,395 Derivatives: Interest rate swaps — 523 — 523 Interest rate lock commitments with customers — — 2,106 2,106 Total assets measured at fair value $ — $ 353,371 $ 3,223 $ 356,594 Financial Liabilities Derivatives: Mandatory and best effort forward commitments with investors $ — $ — $ (553) $ (553) Forward TBA mortgage-backed securities — (169) — (169) Interest rate swaps — (645) — (645) Total liabilities measured at fair value $ — $ (814) $ (553) $ (1,367) Financial Assets At December 31, 2020 Securities available-for-sale: Level 1 Level 2 Level 3 Total U.S. agency securities $ — $ 8,105 $ — $ 8,105 Corporate securities — 10,016 984 11,000 Municipal bonds — 71,730 127 71,857 Mortgage-backed securities — 68,187 — 68,187 U.S. Small Business Administration securities — 18,869 — 18,869 Mortgage loans held for sale, at fair value — 166,448 — 166,448 Derivatives: Interest rate swaps — 21 — 21 Interest rate lock commitments with customers — — 4,024 4,024 Total assets measured at fair value $ — $ 343,376 $ 5,135 $ 348,511 Financial Liabilities Derivatives: Mandatory and best effort forward commitments with investors $ — $ — $ (67) $ (67) Forward TBA mortgage-backed securities — (1,602) — (1,602) Interest rate swaps — (1,252) — (1,252) Total liabilities measured at fair value $ — $ (2,854) $ (67) $ (2,921) The following tables present impaired loans, OREO, and servicing rights measured at fair value on a nonrecurring basis for which a nonrecurring change in fair value has been recorded during the reporting periods indicated. The amounts disclosed below represent the fair values at the time the nonrecurring fair value measurements were evaluated. June 30, 2021 Level 1 Level 2 Level 3 Total Impaired loans $ — $ — $ 6,304 $ 6,304 Servicing rights — — 23,551 23,551 December 31, 2020 Level 1 Level 2 Level 3 Total Impaired loans $ — $ — $ 7,761 $ 7,761 OREO — — 90 90 Servicing rights — — 12,833 12,833 Quantitative Information about Level 3 Fair Value Measurements Level 3 Significant Weighted Average Fair Value Valuation Unobservable June 30, December 31, Instruments Techniques Inputs Range 2021 2020 RECURRING Interest rate lock commitments with customers Quoted market prices Pull-through expectations 80% - 99% 93.0 % 91.6 % Individual forward sale commitments with investors Quoted market prices Pull-through expectations 80% - 99% 93.0 % 91.6 % Corporate securities Discounted cash flows Discount rate 2.5% 2.5 % 2.5 % Municipal bonds Discounted cash flows Discount rate 6.4% 6.4 % 6.4 % NONRECURRING Impaired loans Fair value of underlying collateral Discount applied to the obtained appraisal 10.0% 10.0 % 10.0 % OREO Fair value of collateral Discount applied to the obtained appraisal 10.0% N/A 10.0 % Servicing rights Industry sources Pre-payment speeds 0% - 50% 15.9 % 32.6 % An increase in the pull-through rate utilized in the fair value measurement of the interest rate lock commitments with customers and forward sale commitments with investors will result in positive fair value adjustments (and an increase in the fair value measurement). Conversely, a decrease in the pull-through rate will result in a negative fair value adjustment (and a decrease in the fair value measurement). The following tables provides a reconciliation of assets and liabilities measured at fair value using significant unobservable inputs (Level 3) on a recurring basis during the three and six months ended June 30, 2021 and 2020: Purchases Net change in Net change in Three Months Ended Beginning and Sales and Ending fair value for fair value for June 30, 2021 Balance Issuances Settlements Balance gains/(losses) (1) gains/(losses) (2) Interest rate lock commitments with customers $ 1,985 $ 7,169 $ (7,048) $ 2,106 $ 121 $ — Individual forward sale commitments with investors 506 (1,200) 141 (553) (1,059) — Securities available-for-sale, at fair value 1,129 — (12) 1,117 — (9) June 30, 2020 Interest rate lock commitments with customers $ 4,291 $ 12,692 $ (12,261) $ 4,722 $ 431 $ — Individual forward sale commitments with investors (181) (1,089) 1,126 (144) 37 — Securities available-for-sale, at fair value 1,171 (5) (3) 1,163 — (5) Purchases Net change in Net change in Six Months Ended Beginning and Sales and Ending fair value for fair value for June 30, 2021 Balance Issuances Settlements Balance gains/(losses) (1) gains/(losses) (2) Interest rate lock commitments with customers $ 4,024 $ 14,860 $ (16,778) $ 2,106 $ (1,918) $ — Individual forward sale commitments with investors (67) (546) 60 (553) (486) — Securities available-for-sale, at fair value 1,111 12 (6) 1,117 — 12 June 30, 2020 Interest rate lock commitments with customers $ 557 $ 20,103 $ (15,938) $ 4,722 $ 4,165 $ — Individual forward sale commitments with investors (195) (1,620) 1,671 (144) 51 — Securities available-for-sale, at fair value 1,162 7 (6) 1,163 — 7 ______________________________ (1) Relating to items held at end of period included in income. (2) Relating to items held at end of period included in other comprehensive income. Gains (losses) on interest rate lock commitments carried at fair value are recorded in other noninterest income. Gains (losses) on forward sale commitments with investors carried at fair value are recorded in noninterest income. The following table provides estimated fair values of the Company’s financial instruments at June 30, 2021 and December 31, 2020, whether or not recognized at fair value on the Consolidated Balance Sheets: June 30, December 31, 2021 2020 Financial Assets Carrying Fair Carrying Fair Level 1 inputs: Amount Value Amount Value Cash and cash equivalents $ 86,554 $ 86,554 $ 91,576 $ 91,576 Certificates of deposit at other financial institutions 11,782 11,782 12,278 12,278 Level 2 inputs: Securities available-for-sale, at fair value 231,453 231,453 176,907 176,907 Securities held-to-maturity 7,500 8,000 7,500 7,556 Loans held for sale, at fair value 121,395 121,395 166,448 166,448 FHLB stock, at cost 5,065 5,065 7,439 7,439 Interest rate swaps 523 523 21 21 Accrued interest receivable 7,323 7,323 7,030 7,030 Level 3 inputs: Securities available-for-sale, at fair value 1,117 1,117 1,111 1,111 Loans receivable, gross 1,678,053 1,685,326 1,574,227 1,580,360 Servicing rights, held at lower of cost or fair value 16,356 23,551 12,595 12,833 Fair value interest rate locks with customers 2,106 2,106 4,024 4,024 Financial Liabilities Level 2 inputs: Deposits 1,858,610 1,855,162 1,674,071 1,674,328 Borrowings 42,528 43,834 165,809 167,680 Subordinated notes 49,361 50,500 10,000 11,083 Accrued interest payable 792 792 406 406 Interest rate swaps 645 645 1,252 1,252 Forward TBA mortgage-backed securities 169 169 1,602 1,602 Level 3 inputs: Mandatory and best effort forward commitments with investors 553 553 67 67

Employee Benefits

Employee Benefits	6 Months Ended
Employee Benefits	Jun. 30, 2021
Compensation and Retirement Disclosure [Abstract]
Employee Benefits	NOTE 11 - EMPLOYEE BENEFITS Employee Stock Ownership Plan (“ESOP”) On January 1, 2012, the Company established an ESOP for eligible employees of the Company and the Bank. Employees of the Company and the Bank are eligible to participate in the ESOP if they have been credited with at least 1,000 hours 1,000 The ESOP borrowed $2.6 million from FS Bancorp, Inc. and used those funds to acquire 259,210 shares of FS Bancorp, Inc. common stock in the open market at an average price of $10.17 per share during the second half of 2012. It is anticipated that the Bank will make contributions to the ESOP in amounts necessary to amortize the ESOP loan payable to FS Bancorp, Inc. over a period of 10 years, bearing interest at 2.30%. Intercompany expenses associated with the ESOP are eliminated in consolidation. Shares purchased by the ESOP with the loan proceeds are held in a suspense account and allocated to ESOP participants on a pro rata basis as principal and interest payments are made by the ESOP to FS Bancorp, Inc. The loan is secured by shares purchased with the loan proceeds and will be repaid by the ESOP with funds from the Bank’s discretionary contributions to the ESOP and earnings on the ESOP assets. Payments of principal and interest are due annually on December 31, the Company’s fiscal year end. On December 31, 2020, the ESOP paid the ninth annual installment of principal in the amount of $282,000, plus accrued interest of $13,000 pursuant to the ESOP loan agreement. As shares are committed to be released from collateral, the Company reports compensation expense equal to the average daily market prices of the shares for the quarter ended June 30, 2021. These shares become outstanding for earnings per share computations. The compensation expense is accrued monthly throughout the year. Dividends on allocated ESOP shares are recorded as a reduction of retained earnings; dividends on unallocated ESOP shares are recorded as a reduction of debt and accrued interest. Compensation expense related to the ESOP for the three and six months ended June 30, 2021 and 2020 was $495,000 and $897,000, respectively and $180,000 and $505,000, respectively. Shares held by the ESOP at June 30, 2021 and 2020 were as follows (shown as actual, post stock split): Balances Balances at June 30, 2021 at June 30, 2020 Allocated shares 427,488 379,022 Committed to be released shares 25,921 25,920 Unallocated shares 25,921 77,764 Total ESOP shares 479,330 482,706 Fair value of unallocated shares (in thousands) $ 897 $ 1,515 Share data has been adjusted to reflect a two-for-one stock split effective July 14, 2021.

Earnings Per Share

Earnings Per Share	6 Months Ended
Earnings Per Share	Jun. 30, 2021
Earnings Per Share [Abstract]
Earnings Per Share	NOTE 12 - EARNINGS PER SHARE The Company computes earnings per share using the two-class method, which is an earnings allocation method for computing earnings per share that treats a participating security as having rights to earnings that would otherwise have been available to common shareholders. Basic earnings per share are computed by dividing income available to common shareholders by the weighted average number of common shares outstanding for the period. Unvested share-based awards containing non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid) are participating securities and are included in the computation of earnings per share pursuant to the two-class method. Diluted earnings per share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the entity. For earnings per share calculations, the ESOP shares committed to be released are included as outstanding shares for both basic and diluted earnings per share. The following table presents a reconciliation of the components used to compute basic and diluted earnings per share for the three and six months ended June 30, 2021 and 2020: At or For the Three Months Ended June 30, At or For the Six Months Ended June 30, Numerator (in thousands): 2021 2020 2021 2020 Net income $ 8,549 $ 10,020 $ 20,432 $ 15,187 Dividends and undistributed earnings allocated to participating securities (128) (113) (299) (176) Net income available to common shareholders $ 8,421 $ 9,907 $ 20,133 $ 15,011 Denominator (shown as actual, post stock split): Basic weighted average common shares outstanding 8,393,164 8,465,552 8,418,299 8,630,755 Dilutive shares 267,449 144,946 252,852 161,190 Diluted weighted average common shares outstanding 8,660,613 8,610,498 8,671,151 8,791,945 Basic earnings per share $ 1.00 $ 1.17 $ 2.39 $ 1.74 Diluted earnings per share $ 0.97 $ 1.15 $ 2.32 $ 1.71 Potentially dilutive weighted average share options that were not included in the computation of diluted earnings per share because to do so would be anti-dilutive — 189,292 — 130,032 Share data has been adjusted to reflect a two-for-one stock split effective July 14, 2021.

Stock-Based Compensation

Stock-Based Compensation	6 Months Ended
Stock-Based Compensation	Jun. 30, 2021
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock-Based Compensation	NOTE 13 - STOCK-BASED COMPENSATION Stock Options and Restricted Stock On May 17, 2018, the shareholders of FS Bancorp, Inc. approved the 2018 Equity Incentive Plan (the “2018 Plan”) that authorizes 1.3 million shares of the Company’s common stock to be awarded. The 2018 Plan provides for the grant of incentive stock options, non-qualified stock options, and up to 326,000 restricted stock awards (“RSAs”) to directors, emeritus directors, officers, employees or advisory directors of the Company. On August 15, 2020, the Company awarded grants of 49,760 RSAs and 124,570 stock options with an exercise price equal to the market price of FS Bancorp’s common stock on the grant date of $21.35 per share. At June 30, 2021, there were 548,120 stock option awards and 185,510 RSAs available to be granted under the 2018 Plan (post stock split). Total share-based compensation expense was $298,000 and $593,000 for the three and six months ended June 30, 2021, respectively, and $223,000 and $447,000 for the three and six months ended June 30, 2020, respectively. Stock Options The 2018 Plan consists of stock option awards that may be granted as incentive stock options or non-qualified stock options. Stock option awards generally vest at one year for independent directors or over a five-year period for employees and officers with 20% vesting on the anniversary date of each grant date as long as the award recipient remains in service to the Company. The options are exercisable after vesting for up to the remaining term of the original grant. The maximum term of the options granted is 10 years. Any unexercised stock options will expire 10 years after the grant date or sooner in the event of the award recipient’s termination of service with the Company or the Bank. The fair value of each stock option award is estimated on the grant date using a Black-Scholes Option pricing 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 Company elected to use Staff Accounting Bulletin 107, simplified expected term calculation for 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 5.5 years for one-year vesting and 6.5 years for five-year vesting. The following table presents a summary of the Company’s stock option awards during the six months ended June 30, 2021 (shown as actual, post stock split): Weighted-Average Weighted- Remaining Average Contractual Term In Aggregate Shares Exercise Price Years Intrinsic Value Outstanding at January 1, 2021 671,754 $ 19.45 6.58 $ 5,721,159 Granted — — — — Less exercised 73,074 $ 8.45 — $ 1,905,920 Forfeited or expired — — — — Outstanding at June 30, 2021 598,680 $ 20.79 6.48 $ 8,886,172 Expected to vest, assuming a 0.31% annual forfeiture rate (1) 597,072 $ 20.78 6.48 $ 8,867,752 Exercisable at June 30, 2021 276,902 $ 15.86 4.55 $ 5,476,741 __________________________ (1) Forfeiture rate has been calculated and estimated to assume a forfeiture of 3.1% of the options forfeited over 10 years. Share data has been adjusted to reflect a two-for-one stock split effective July 14, 2021. At June 30, 2021, there was $1.2 million of total unrecognized compensation cost related to nonvested stock options granted under the 2018 plan. The cost is expected to be recognized over the remaining weighted-average vesting period of 3.0 years. Restricted Stock Awards The RSAs’ fair value is equal to the value of the stock based on the market price of FS Bancorp’s common stock on the grant date and compensation expense is recognized over the vesting period of the awards based on the fair value of the restricted stock. Shares for the 2018 Plan generally vest at one year for independent directors or over a five-year period for employees and officers beginning on the grant date. Any unvested RSAs will expire after vesting or sooner in the event of the award recipient’s termination of service with the Company or the Bank. The following table presents a summary of the Company’s nonvested awards during the six months ended June 30, 2021 (shown as actual, post stock split): Weighted-Average Grant-Date Fair Value Nonvested Shares Shares Per Share Nonvested at January 1, 2021 110,184 $ 24.35 Granted — — Less vested — — Forfeited or expired — — Nonvested at June 30, 2021 110,184 $ 24.35 _______________________________ Share data has been adjusted to reflect a two-for-one stock split effective July 14, 2021. At June 30, 2021, there was $2.0 million of total unrecognized compensation cost related to nonvested shares granted under the 2018 Plan as RSAs. The cost is expected to be recognized over the remaining weighted-average vesting period of 3.2 years.

Regulatory Capital

Regulatory Capital	6 Months Ended
Regulatory Capital	Jun. 30, 2021
Regulatory Capital Requirements [Abstract]
Regulatory Capital	NOTE 14 - REGULATORY CAPITAL The Bank is subject to various regulatory capital requirements administered by the Federal Reserve and the FDIC. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company’s consolidated financial statements. Under capital adequacy guidelines of the regulatory framework for prompt corrective action, the Bank must meet specific capital adequacy guidelines that involve quantitative measures of the Bank’s assets, liabilities, and certain off-balance sheet items as calculated under regulatory accounting practices. The Bank’s capital classification is also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. The federal banking agencies jointly issued a final rule that provides for an optional, simplified measure of capital adequacy, the community bank leverage ratio framework, for qualifying community banking organizations, consistent with Section 201 of the Economic Growth, Regulatory Relief, and Consumer Protection Act. This final rule is applicable to all non-advanced approaches FDIC-supervised institutions with less than $10 billion in total consolidated assets. The community bank leverage ratio (“CBLR”) final rule was effective on January 1, 2020, and will allow qualifying community banking organizations to calculate a leverage ratio to measure capital adequacy. Banks opting into the CBLR framework will not be required to calculate or report risk-based capital. A qualifying community banking organization is defined as having less than $10 billion in total consolidated assets, a leverage ratio greater than 9%, off-balance sheet exposures of 25% or less of total consolidated assets, and trading assets and liabilities of 5% or less of total consolidated assets. The final rule adopts Tier 1 capital and the existing leverage ratio into the community bank leverage ratio framework. A bank electing the framework will not be subject to other capital and leverage requirements. A bank electing the framework that ceases to meet any qualifying criteria in a future period and that has a leverage ratio greater than 8% will be allowed a grace period of two reporting periods to satisfy the CBLR qualifying criteria or comply with the generally applicable capital requirements. A bank may opt out of the framework at any time, without restriction, by reverting to the generally applicable risk-based capital rule. In response to the COVID-19 pandemic, the CARES Act was signed into law on March 27, 2020. Among other things, the CARES Act directs federal banking agencies to adopt interim final rules to lower the threshold under the CBLR from 9% to 8% and to provide a reasonable grace period for a community bank that falls below the threshold to regain compliance, in each case until the earlier of the termination date of the national emergency or December 31, 2020. In April 2020, the federal banking agencies issued two interim final rules implementing this directive. One interim final rule provides that, as of the second quarter 2020, banking organizations with leverage ratios of 8% or greater (and that meet the other existing qualifying criteria) may elect to use the CBLR framework. It also establishes a two-quarter grace period for qualifying community banking organizations whose leverage ratio falls no more than one percentage point below the applicable CBLR requirement, so long as the banking organization maintains a leverage ratio of 7.5% or greater in 2021, or 8% thereafter. The second interim final rule provides a transition from the temporary 8% CBLR requirement to a 9% CBLR requirement. It establishes a minimum CBLR of 8.5% for 2021, and 9% thereafter, and maintains a two-quarter grace period for qualifying community banking organizations whose leverage ratios fall no more than 100 basis points below the applicable CBLR requirement. Effective October 1, 2020, the final rule made no change to the interim final rule issued in April 2020. The FS Bancorp, Inc. is a bank holding company registered with the Federal Reserve. Bank holding companies are subject to capital adequacy requirements of the Federal Reserve under the Bank Holding Company Act of 1956, as amended, and the regulations of the Federal Reserve. Bank holding companies with less than $3.0 billion in assets are generally not subject to compliance with the Federal Reserve’s capital regulations, which are generally the same as the capital regulations applicable to the Bank. The Federal Reserve has a policy that a bank holding company is required to serve as a source of financial and managerial strength to the holding company’s subsidiary bank and expects the holding company’s subsidiary bank to be well capitalized under the prompt corrective action regulations. If FS Bancorp, Inc. was subject to regulatory guidelines for bank holding companies with $3.0 billion or more in assets at June 30, 2021, FS Bancorp, Inc. would have exceeded all regulatory capital requirements. The Tier 1 leverage-based capital ratio calculated for FS Bancorp, Inc. at June 30, 2021 and December 31, 2020 was 10.8% and 11.1%, respectively.

Business Segments

Business Segments	6 Months Ended
Business Segments	Jun. 30, 2021
Segment Reporting [Abstract]
Business Segments	NOTE 15 - BUSINESS SEGMENTS The Company’s business segments are determined based on the products and services provided, as well as the nature of the related business activities, and they reflect the manner in which financial information is currently evaluated by management. This process is dynamic and is based on management’s current view of the Company’s operations and is not necessarily comparable with similar information for other financial institutions. The Company defines its business segments by product type and customer segment which it has organized into two lines of business: commercial and consumer banking and home lending. The Company uses various management accounting methodologies to assign certain income statement items to the responsible operating segment, including: ● ● ● ● ● The FTP methodology is based on management’s estimated cost of originating funds including the cost of overhead for deposit generation. A description of the Company’s business segments and the products and services that they provide is as follows: Commercial and Consumer Banking Segment The commercial and consumer banking segment provides diversified financial products and services to its commercial and consumer customers through Bank branches, automated teller machines (“ATM”), online banking platforms, mobile banking apps, and telephone banking. These products and services include deposit products; residential, consumer, business and commercial real estate lending portfolios and cash management services. The Company originates consumer loans, commercial and multi-family real estate loans, construction loans for residential and multi-family construction, and commercial business loans. At June 30, 2021, the Company’s retail deposit branch network consisted of 21 branches in the Pacific Northwest. This segment is also responsible for the management of the investment portfolio and other assets of the Bank. Home Lending Segment The home lending segment lenders. On occasion, the Company may sell a portion of its MSR portfolio and may sell small pools of loans initially originated to be held in the loan portfolio. The Company manages the loan funding and the interest rate risk associated with the secondary market loan sales and the retained one-to-four-family mortgage servicing rights within this business segment. One-to-four-family loans originated for investment are allocated to the home lending segment with a corresponding provision expense and FTP for cost of funds. Segment Financial Results The tables below summarize the financial results for each segment based on the factors mentioned above within each segment for the three and six months ended June 30, 2021 and 2020: At or For the Three Months Ended June 30, 2021 Condensed income statement: Home Lending Commercial and Consumer Banking Total Net interest income (1) $ 2,246 $ 18,974 $ 21,220 Benefit (provision) for loan losses (499) 499 — Noninterest income 5,801 2,385 8,186 Noninterest expense (5,389) (13,573) (18,962) Income before provision for income taxes 2,159 8,285 10,444 Provision for income taxes (304) (1,591) (1,895) Net income $ 1,855 $ 6,694 $ 8,549 Total average assets for period ended $ 388,174 $ 1,787,344 $ 2,175,518 FTEs 156 366 522 At or For the Three Months Ended June 30, 2020 Condensed income statement: Home Lending Commercial and Consumer Banking Total Net interest income (1) $ 1,204 $ 16,656 $ 17,860 Provision for loan losses (497) (4,152) (4,649) Noninterest income 12,076 2,055 14,131 Noninterest expense (4,069) (10,553) (14,622) Income before provision for income taxes 8,714 4,006 12,720 Provision for income taxes (1,834) (866) (2,700) Net income $ 6,880 $ 3,140 $ 10,020 Total average assets for period ended $ 376,033 $ 1,561,753 $ 1,937,786 FTEs 130 334 464 At or For the Six Months Ended June 30, 2021 Condensed income statement: Home Lending Commercial and Consumer Banking Total Net interest income (1) $ 3,868 $ 37,452 $ 41,320 Provision for loan losses (441) (1,059) (1,500) Noninterest income 16,633 4,587 21,220 Noninterest expense (8,520) (26,747) (35,267) Income before provision for income taxes 11,540 14,233 25,773 Provision for income taxes (2,391) (2,950) (5,341) Net income $ 9,149 $ 11,283 $ 20,432 Total average assets for year ended $ 395,032 $ 1,756,642 $ 2,151,674 FTEs 156 366 522 At or For the Six Months Ended June 30, 2020 Condensed income statement: Home Lending Commercial and Consumer Banking Total Net interest income (1) $ 2,385 $ 32,948 $ 35,333 Provision for loan losses (1,056) (7,279) (8,335) Noninterest income 17,234 5,788 23,022 Noninterest expense (8,231) (22,575) (30,806) Income before provision for income taxes 10,332 8,882 19,214 Provision for income taxes (2,165) (1,862) (4,027) Net income $ 8,167 $ 7,020 $ 15,187 Total average assets for year ended $ 351,737 $ 1,484,173 $ 1,835,910 FTEs 130 334 464 _________________________ (1) Net interest income is the difference between interest earned on assets and the cost of liabilities to fund those assets. Interest earned includes actual interest earned on segment assets and, if the segment has excess liabilities, interest credits for providing funding to the other segment. The cost of liabilities includes interest expense on segment liabilities and, if the segment does not have enough liabilities to fund its assets, a funding charge based on the cost of assigned liabilities to fund segment assets.

Goodwill and other Intangible A

Goodwill and other Intangible Assets	6 Months Ended
Goodwill and other Intangible Assets	Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	NOTE 16 - GOODWILL AND OTHER INTANGIBLE ASSETS Goodwill and certain other intangibles generally arise from business combinations accounted for under the acquisition method of accounting. Goodwill totaled $2.3 million at June 30, 2021 and December 31, 2020, and represents the excess of the total acquisition price paid over the fair value of the assets acquired, net of the fair values of liabilities assumed as a result of four retail branches purchased from Bank of America, N.A. in 2016 (“Branch Purchase”). Goodwill is not amortized but is evaluated for impairment on an annual basis at December 31 of each year or whenever events or changes in circumstances indicate the carrying value may not be recoverable. The Company performed an impairment analysis at December 31, 2020, and determined that no impairment of goodwill existed. However, if adverse economic conditions or the decrease in the Company’s stock price and market capitalization as a result of the COVID-19 pandemic were to be deemed sustained rather than temporary, it may significantly affect the fair value of our goodwill. Accordingly, no assurances can be given that the Company will not record an impairment loss on goodwill in the future. Core deposit intangible (“CDI”) is evaluated for impairment whenever events or changes in circumstances indicate that its carrying amount may not be recoverable, with any changes in estimated useful life accounted for prospectively over the revised remaining life. As of June 30, 2021, management believes that there have been no events or changes in the circumstances that would indicate a potential impairment of CDI. The following table summarizes the changes in the Company’s other intangible assets comprised solely of CDI for the year ended December 31, 2020, and the six months ended June 30, 2021. Other Intangible Assets Accumulated Gross CDI Amortization Net CDI Balance, December 31, 2019 $ 7,490 $ (2,033) $ 5,457 Amortization — (706) (706) Balance, December 31, 2020 7,490 (2,739) 4,751 Amortization — (354) (354) Balance, June 30, 2021 $ 7,490 $ (3,093) $ 4,397 The CDI represents the fair value of the intangible core deposit base acquired in business combinations. The CDI will be amortized on a straight-line basis over 10 years for the CDI related to the Anchor Acquisition and on an accelerated basis over approximately nine years for the CDI related to the Branch Purchase. Total amortization expense was $177,000 and $354,000 for the three and six months ended June 30, 2021, respectively, and $177,000 and $353,000 for the same periods, respectively, in 2020. Amortization expense for CDI is expected to be as follows at June 30, 2021: Remainder of 2021 $ 337 2022 691 2023 691 2024 621 2025 525 Thereafter 1,532 Total $ 4,397

Revenue From Contracts With Cus

Revenue From Contracts With Customers	6 Months Ended
Revenue From Contracts With Customers	Jun. 30, 2021
Revenue from Contract with Customer [Abstract]
Revenue from Contract with Customers	NOTE 17 - REVENUE FROM CONTRACTS WITH CUSTOMERS Revenue Recognition In accordance with Topic 606, revenues are recognized when control of promised goods or services is transferred to customers in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. To determine revenue recognition for arrangements that an entity determines are within the scope of Topic 606, the Company performs the following five steps: (i) identify the contract(s) with a customer; (ii) identify the performance obligations in the contract; (iii) determine the transaction price; (iv) allocate the transaction price to the performance obligations in the contract; and (v) recognize revenue when (or as) the Company satisfies a performance obligation. The Company only applies the five-step model to contracts when it is probable that the entity will collect the consideration it is entitled to in exchange for the goods or services it transfers to the customer. At contract inception, once the contract is determined to be within the scope of Topic 606, the Company assesses the goods or services that are promised within each contract and identifies those that contain performance obligations and assesses whether each promised good or service is distinct. The Company then recognizes as revenue the amount of the transaction price that is allocated to the respective performance obligation when (or as) the performance obligation is satisfied. All the Company’s revenue from contracts with customers in-scope of ASC 606 is recognized in noninterest income and included in our commercial and consumer banking segment. The following table presents noninterest income, segregated by revenue streams in-scope and out-of-scope of Topic 606, for the three and six months ended June 30, 2021 and 2020. (Dollars in thousands): At or For the Three Months Ended June 30, At or For the Six Months Ended June 30, Noninterest income 2021 2020 2021 2020 In-scope of Topic 606: Debit card interchange fees $ 585 $ 444 $ 1,100 $ 879 Deposit service and account maintenance fees 173 145 346 411 Noninterest income (in-scope of Topic 606) 758 589 1,446 1,290 Noninterest income (out-of-scope of Topic 606) 7,428 13,542 19,774 21,732 Total noninterest income $ 8,186 $ 14,131 $ 21,220 $ 23,022 Deposit Fees The Bank earns fees from its deposit customers for account maintenance, transaction-based services, and overdraft charges. Account maintenance fees consist primarily of account fees and analyzed account fees charged on deposit accounts on a monthly basis. The performance obligation is satisfied and the fees are recognized on a monthly basis as the service period is completed. Transaction-based fees on deposit accounts are charged to deposit customers for specific services provided to the customer, such as wire fees, as well as charges against the account, such as fees for non-sufficient funds and overdrafts. The performance obligation is completed as the transaction occurs and the fees are recognized at the time each specific service is provided to the customer. Debit Interchange Income Debit and ATM interchange income represent fees earned when a debit card issued by the Bank is used. The Bank earns interchange fees from debit cardholder transactions through the Visa payment network. Interchange fees from cardholder transactions represent a percentage of the underlying transaction value and are recognized daily, concurrently with the transaction processing services provided to the cardholder. The performance obligation is satisfied and the fees are earned when the cost of the transaction is charged to the cardholders’ debit card.

Basis of Presentation and Sum_2

Basis of Presentation and Summary of Significant Accounting Policies (Policies)	6 Months Ended
	Jun. 30, 2021
Basis of Presentation and Summary of Significant Accounting Policies
Financial Statement Presentation	Financial Statement Presentation - The results for the three and six months ended June 30, 2021 are not necessarily indicative of the results that may be expected for the year ending December 31, 2021, or any other future period. The preparation of financial statements, in conformity with U.S. GAAP, requires management to make estimates and assumptions that affect amounts reported in the financial statements. Actual results could differ from these estimates. Material estimates that are particularly susceptible to significant change relate to the determination of the allowance for loan and lease losses, fair value of financial instruments, the valuation of servicing rights, deferred income taxes, and if needed, a deferred tax asset valuation allowance. Amounts presented in the consolidated financial statements and footnote tables are rounded and presented to the nearest thousands of dollars except per share amounts. If the amounts are above $1.0 million, they are rounded one decimal point, and if they are above $1.0 billion, they are rounded two decimal points.
Principles of Consolidation	Principles of Consolidation -
Segment Reporting	Segment Reporting -
Subsequent Events	Subsequent Events -
Earnings Per Share	The Company computes earnings per share using the two-class method, which is an earnings allocation method for computing earnings per share that treats a participating security as having rights to earnings that would otherwise have been available to common shareholders. Basic earnings per share are computed by dividing income available to common shareholders by the weighted average number of common shares outstanding for the period. Unvested share-based awards containing non-forfeitable rights to dividends or dividend equivalents (whether paid or unpaid) are participating securities and are included in the computation of earnings per share pursuant to the two-class method. Diluted earnings per share reflect the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the entity. For earnings per share calculations, the ESOP shares committed to be released are included as outstanding shares for both basic and diluted earnings per share.
RECENT ACCOUNTING PRONOUNCEMENTS	RECENT ACCOUNTING PRONOUNCEMENTS In June 2016, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) No. 2016-13, Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments, as amended by ASU 2018-19, ASU 2019-10, and ASU 2019-11. organizations. The ASU requires the recognition and measurement of all current expected credit losses (“CECL”) for financial assets held at the reporting date based on historical experience, current conditions, and reasonable and supportable forecasts. Financial institutions and other organizations will now use forward-looking information to better inform their credit loss estimates. Many of the loss estimation techniques applied today will still be permitted, although the inputs to those techniques will change to reflect the approach under CECL. Organizations will continue to use judgment to determine which loss estimation method is appropriate for their circumstances. The ASU requires enhanced disclosures to help investors and other financial statement users better understand significant estimates and judgments used in estimating credit losses, as well as the credit quality and underwriting standards of an organization’s portfolio. These disclosures include qualitative and quantitative requirements that provide additional information about the amounts recorded in the financial statements. In addition, the ASU amends the accounting for credit losses on available-for-sale debt securities and purchased financial assets with credit deterioration. The ASU and associated amendments are effective for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2022. Early adoption will be permitted for fiscal years, and interim periods within those fiscal years, beginning after December 15, 2019. The Company has selected a third-party vendor to assist in the implementation of this ASU and has run parallel computations as it continues to evaluate the impact of adoption of the new standard. As part of the implementation, management is also evaluating economic variables and forecast time horizons it believes to be most relevant based on the composition of the loan portfolio to develop a reasonable and supportable forecast, likely to include forecasted levels of employment, gross domestic product, and home price index, depending on the nature of the loan segment, as well as various loss methodologies to estimate expected credit losses. In addition, management has kept current on evolving interpretations and industry practices related to ASU 2016-13 via webcasts, publications, and conferences. Once adopted, the Company anticipates the allowance for loan losses to potentially increase through a one-time adjustment to retained earnings, however, until the evaluation is complete the magnitude of the potential increase will be unknown. In April 2019, the FASB issued ASU 2019-04, Codification Improvements to Topic 326: Financial Instruments-Credit Losses, Topic 815, Derivatives and Hedging, and Topic 825, Financial Instruments In May 2019, the FASB issued ASU 2019-05, Financial Instruments-Credit Losses (Topic 326): Targeted Transition Relief In March 2020, the FASB issued ASU No. 2020-04, “Reference Rate Reform” (“Topic 848”) for as separate contracts; and 3) Modifications of contracts do not require an entity to reassess its original conclusion about whether that contract contains an embedded derivative that is clearly and closely related to the economic characteristics and risks of the host contract under Subtopic 815-15, Derivatives and Hedging - Embedded Derivatives. In January 2021, ASU 2021-01 updated amendments in the new ASU to clarify that certain optional expedients and exceptions in Topic 848 for contract modifications and hedge accounting apply to derivative instruments that use an interest rate for margining, discounting, or contract price alignment that is modified as a result of reference rate reform. Amendments in this ASU and the expedients and exceptions in Topic 848 capture the incremental consequences of the scope clarification and tailor the existing guidance to derivative instruments affected by the discounting transition. An entity may elect to apply the amendments in this ASU on a full retrospective basis as of any date from the effective dates. The amendments in this ASU have differing effective dates, beginning with an interim period including and subsequent to March 12, 2020 through December 31, 2022. The Company does not expect the adoption of ASU 2020-04 to have a material impact on its consolidated financial statements.
Recent Events	Recent Events On December 27, 2020, the Consolidated Appropriations Act (“CAA 2021”) was signed into law. Among other purposes, this act provides additional coronavirus emergency response and relief, including extending relief offered under the Coronavirus Aid, Relief, and Economic Security Act of 2020 signed into law on March 27, 2020 (“CARES Act”) related to troubled debt restructurings (“TDRs”) as a result of COVID-19 through January 1, 2022 or 60 days after the end of the national emergency declared by the President, whichever is earlier.
Application of New Accounting Guidance Adopted in 2021	Application of New Accounting Guidance Adopted in 2021 In October 2020, the FASB issued ASU 2020-08, Codification Improvements to Subtopic 310-20: Receivables – Nonrefundable Fees and Other Costs In December 2019, the FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes.
Loan Portfolio Segment	The Company has defined its loan portfolio into three segments that reflect the structure of the lending function, the Company’s strategic plan and the manner in which management monitors performance and credit quality. The three loan portfolio segments are: (a) Real Estate Loans, (b) Consumer Loans, and (c) Commercial Business Loans. Each of these segments is disaggregated into classes based on the risk characteristics of the borrower and/or the collateral type securing the loan. The following is a summary of each of the Company’s loan portfolio segments and classes: Real Estate Loans Commercial Lending Construction and Development Lending Home Equity Lending One-to-Four-Family Real Estate Lending Multi-Family Lending Consumer Loans Indirect Home Improvement Marine Other Consumer. Commercial Business Loans Commercial and Industrial Lending (“C&I”) Warehouse Lending
Credit Quality Indicators	The Company utilizes a risk grading matrix to assign a risk grade to its real estate and commercial business loans. Loans are graded on a scale of 1 to 10, with loans in risk grades 1 to 6 considered “Pass” and loans in risk grades 7 to 10 are reported as classified loans in the Company’s allowance for loan loss analysis. A description of the 10 risk grades is as follows: ● Grades 1 and 2 - These grades include loans to very high-quality borrowers with excellent or desirable business credit. ● Grade 3 - This grade includes loans to borrowers of good business credit with moderate risk. ● Grades 4 and 5 - These grades include “Pass” grade loans to borrowers of average credit quality and risk. ● Grade 6 - This grade includes loans on management’s “Watch” list and is intended to be utilized on a temporary basis for “Pass” grade borrowers where frequent and thorough monitoring is required due to credit weaknesses and where significant risk-modifying action is anticipated in the near term. ● Grade 7 - This grade is for “Other Assets Especially Mentioned” (“OAEM”) in accordance with regulatory guidelines and includes borrowers where performance is poor or significantly less than expected. ● Grade 8 - This grade includes “Substandard” loans in accordance with regulatory guidelines which represent an unacceptable business credit where a loss is possible if loan weakness is not corrected. ● Grade 9 - This grade includes “Doubtful” loans in accordance with regulatory guidelines where a loss is highly probable. ● Grade 10 - This grade includes “Loss” loans in accordance with regulatory guidelines for which total loss is expected and when identified are charged off. Consumer, Home Equity, and One-to-Four-Family Real Estate Loans Homogeneous loans are risk rated based upon the Federal Financial Institutions Examination Council’s Uniform Retail Credit Classification and Account Management Policy. Loans classified under this policy at the Company are consumer loans which include indirect home improvement, solar, marine, other consumer, and one-to-four-family first and second liens. Under the Uniform Retail Credit Classification Policy, loans that are current or less than 90 days past due are graded “Pass” and risk rated “4” or “5” internally. Loans that are past due more than 90 days are classified “Substandard” and risk graded “8” internally until the loan has demonstrated consistent performance, typically six months of contractual payments. Closed-end loans that are 120 days past due and open-end loans that are 180 days past due are charged off based on the value of the collateral less cost to sell. Management may more conservatively risk rate credits even if paying in accordance with the loan’s repayment terms. Commercial real estate, construction and development, multi-family and commercial business loans are evaluated individually for their risk classification and may be classified as “Substandard” even if current on their loan payment obligations.
Determination of Fair Market Values	The following methods were used to estimate the fair value of certain assets and liabilities on a recurring and nonrecurring basis: Securities - Mortgage Loans Held for Sale - Derivative Instruments - Impaired Loans Other Real Estate Owned Servicing Rights -
Nonaccrual and Past Due Loans	At or For the Six Months Ended June 30, 2021 Commercial ALLOWANCE FOR LOAN LOSSES Real Estate Consumer Business Unallocated Total Beginning balance $ 13,846 $ 6,696 $ 4,939 $ 691 $ 26,172 Provision (recapture) for loan losses 462 727 773 (462) 1,500 Charge-offs — (852) (38) — (890) Recoveries — 452 — — 452 Net charge-offs — (400) (38) — (438) Ending balance $ 14,308 $ 7,023 $ 5,674 $ 229 $ 27,234 Period end amount allocated to: Loans individually evaluated for impairment $ — $ 269 $ 988 $ — $ 1,257 Loans collectively evaluated for impairment 14,308 6,754 4,686 229 25,977 Ending balance $ 14,308 $ 7,023 $ 5,674 $ 229 $ 27,234 LOANS RECEIVABLE Loans individually evaluated for impairment $ 1,049 $ 768 $ 4,487 $ — $ 6,304 Loans collectively evaluated for impairment 982,805 397,072 291,872 — 1,671,749 Ending balance $ 983,854 $ 397,840 $ 296,359 $ — $ 1,678,053 At or For the Six Months Ended June 30, 2020 Commercial ALLOWANCE FOR LOAN LOSSES Real Estate Consumer Business Unallocated Total Beginning balance $ 6,206 $ 3,766 $ 3,254 $ 3 $ 13,229 Provision for loan losses 5,688 1,715 703 229 8,335 Charge-offs — (673) (11) — (684) Recoveries 18 324 302 — 644 Net recoveries (charge-offs) 18 (349) 291 — (40) Ending balance $ 11,912 $ 5,132 $ 4,248 $ 232 $ 21,524 Period end amount allocated to: Loans individually evaluated for impairment $ 15 $ 259 $ 639 $ — $ 913 Loans collectively evaluated for impairment 11,897 4,873 3,609 232 20,611 Ending balance $ 11,912 $ 5,132 $ 4,248 $ 232 $ 21,524 LOANS RECEIVABLE Loans individually evaluated for impairment $ 2,889 $ 746 $ 4,262 $ — $ 7,897 Loans collectively evaluated for impairment 865,036 344,575 251,400 — 1,461,011 Ending balance $ 867,925 $ 345,321 $ 255,662 $ — $ 1,468,908
Loan Commitments	The Company’s exposure to credit loss in the event of nonperformance by the other party to the financial instrument for commitments to extend credit is represented by the contractual amount of those instruments. The Company uses the same credit policies in making commitments and conditional obligations as it does for on-balance sheet instruments.

Investments (Tables)

Investments (Tables)	6 Months Ended
Investments (Tables)	Jun. 30, 2021
Investments, Debt and Equity Securities [Abstract]
Schedule of Available-for-sale Securities Reconciliation	June 30, 2021 Estimated Amortized Unrealized Unrealized Fair SECURITIES AVAILABLE-FOR-SALE Cost Gains Losses Values U.S. agency securities $ 16,870 $ 146 $ (189) $ 16,827 Corporate securities 11,907 47 (425) 11,529 Municipal bonds 111,469 1,671 (1,687) 111,453 Mortgage-backed securities 74,006 2,176 (183) 75,999 U.S. Small Business Administration securities 16,369 393 — 16,762 Total securities available-for-sale 230,621 4,433 (2,484) 232,570 SECURITIES HELD-TO-MATURITY Corporate securities 7,500 500 — 8,000 Total securities held-to-maturity 7,500 500 — 8,000 Total securities $ 238,121 $ 4,933 $ (2,484) $ 240,570 December 31, 2020 Estimated Amortized Unrealized Unrealized Fair SECURITIES AVAILABLE-FOR-SALE Cost Gains Losses Values U.S. agency securities $ 7,940 $ 166 $ (1) $ 8,105 Corporate securities 11,885 54 (939) 11,000 Municipal bonds 69,572 2,435 (150) 71,857 Mortgage-backed securities 65,722 2,541 (76) 68,187 U.S. Small Business Administration securities 18,441 443 (15) 18,869 Total securities available-for-sale 173,560 5,639 (1,181) 178,018 SECURITIES HELD-TO-MATURITY Corporate securities 7,500 77 (21) 7,556 Total securities held-to-maturity 7,500 77 (21) 7,556 Total securities $ 181,060 $ 5,716 $ (1,202) $ 185,574
Schedule of Unrealized Loss on Investments	June 30, 2021 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized SECURITIES AVAILABLE-FOR-SALE Value Losses Value Losses Value Losses U.S. agency securities $ 7,688 $ (189) $ — $ — $ 7,688 $ (189) Corporate securities 3,702 (296) 2,870 (129) 6,572 (425) Municipal bonds 57,949 (1,687) — — 57,949 (1,687) Mortgage-backed securities 6,233 (73) 7,837 (110) 14,070 (183) Total securities available-for-sale $ 75,572 $ (2,245) $ 10,707 $ (239) $ 86,279 $ (2,484) December 31, 2020 Less than 12 Months 12 Months or Longer Total Fair Unrealized Fair Unrealized Fair Unrealized SECURITIES AVAILABLE-FOR-SALE Value Losses Value Losses Value Losses U.S. agency securities $ 1,986 $ (1) $ — $ — $ 1,986 $ (1) Corporate securities 7,059 (939) — — 7,059 (939) Municipal bonds 8,377 (150) — — 8,377 (150) Mortgage-backed securities 6,903 (65) 3,002 (11) 9,905 (76) U.S. Small Business Administration securities 2,314 (15) — — 2,314 (15) Total securities available-for-sale 26,639 (1,170) 3,002 (11) 29,641 (1,181) SECURITIES HELD-TO-MATURITY Corporate securities 4,979 (21) — — 4,979 (21) Total securities held-to-maturity 4,979 (21) — — 4,979 (21) Total $ 31,618 $ (1,191) $ 3,002 $ (11) $ 34,620 $ (1,202)
Schedule of Available for Sale Securities by Contractual Maturity	June 30, 2021 December 31, 2020 SECURITIES AVAILABLE-FOR-SALE Amortized Fair Amortized Fair U.S. agency securities Cost Value Cost Value Due after one year through five years $ 968 $ 1,033 $ 978 $ 1,060 Due after five years through ten years 4,913 4,927 1,000 1,036 Due after ten years 10,989 10,867 5,962 6,009 Subtotal 16,870 16,827 7,940 8,105 Corporate securities Due in one year or less 2,413 2,428 2,392 2,433 Due after one year through five years 3,494 3,505 3,493 3,491 Due after five years through ten years 4,000 3,704 4,000 3,676 Due after ten years 2,000 1,892 2,000 1,400 Subtotal 11,907 11,529 11,885 11,000 Municipal bonds Due in one year or less — — 101 101 Due after one year through five years 3,736 3,924 3,749 3,980 Due after five years through ten years 8,902 9,136 7,994 8,321 Due after ten years 98,831 98,393 57,728 59,455 Subtotal 111,469 111,453 69,572 71,857 Mortgage-backed securities Federal National Mortgage Association (“FNMA”) 58,278 60,204 47,675 50,005 Federal Home Loan Mortgage Corporation (“FHLMC”) 10,948 10,930 11,825 11,913 Government National Mortgage Association (“GNMA”) 4,780 4,865 6,222 6,269 Subtotal 74,006 75,999 65,722 68,187 U.S. Small Business Administration securities Due after one year through five years 3,436 3,506 2,266 2,353 Due after five years through ten years 5,148 5,280 8,097 8,333 Due after ten years 7,785 7,976 8,078 8,183 Subtotal 16,369 16,762 18,441 18,869 Total securities available-for-sale 230,621 232,570 173,560 178,018 SECURITIES HELD-TO-MATURITY Corporate securities Due after five years through ten years 7,500 8,000 7,500 7,556 Total securities held-to-maturity 7,500 8,000 7,500 7,556 Total securities $ 238,121 $ 240,570 $ 181,060 $ 185,574

Loans Receivable and Allowanc_2

Loans Receivable and Allowance For Loan Losses (Tables)	6 Months Ended
Loans Receivable and Allowance For Loan Losses (Tables)	Jun. 30, 2021
Receivables [Abstract]
Schedule of Accounts, Notes, Loans and Financing Receivable	June 30, December 31, REAL ESTATE LOANS 2021 2020 Commercial $ 231,196 $ 222,719 Construction and development 242,715 216,975 Home equity 40,718 43,093 One-to-four-family (excludes loans held for sale) 335,397 311,093 Multi-family 133,828 131,601 Total real estate loans 983,854 925,481 CONSUMER LOANS Indirect home improvement 308,447 286,020 Marine 86,216 85,740 Other consumer 3,177 3,418 Total consumer loans 397,840 375,178 COMMERCIAL BUSINESS LOANS Commercial and industrial 242,287 224,476 Warehouse lending 54,072 49,092 Total commercial business loans 296,359 273,568 Total loans receivable, gross 1,678,053 1,574,227 Allowance for loan and lease losses (27,234) (26,172) Deferred costs and fees, net (5,514) (4,017) Premiums on purchased loans, net 359 943 Total loans receivable, net $ 1,645,664 $ 1,544,981
Allowance for Credit Losses on Financing Receivables	At or For the Three Months Ended June 30, 2021 Commercial ALLOWANCE FOR LOAN LOSSES Real Estate Consumer Business Unallocated Total Beginning balance $ 13,615 $ 6,815 $ 5,669 $ 1,276 $ 27,375 Provision (recapture) for loan losses 693 349 5 (1,047) — Charge-offs — (349) — — (349) Recoveries — 208 — — 208 Net charge-offs — (141) — — (141) Ending balance $ 14,308 $ 7,023 $ 5,674 $ 229 $ 27,234 Period end amount allocated to: Loans individually evaluated for impairment $ — $ 269 $ 988 $ — $ 1,257 Loans collectively evaluated for impairment 14,308 6,754 4,686 229 25,977 Ending balance $ 14,308 $ 7,023 $ 5,674 $ 229 $ 27,234 LOANS RECEIVABLE Loans individually evaluated for impairment $ 1,049 $ 768 $ 4,487 $ — $ 6,304 Loans collectively evaluated for impairment 982,805 397,072 291,872 — 1,671,749 Ending balance $ 983,854 $ 397,840 $ 296,359 $ — $ 1,678,053 At or For the Three Months Ended June 30, 2020 Commercial ALLOWANCE FOR LOAN LOSSES Real Estate Consumer Business Unallocated Total Beginning balance $ 7,243 $ 4,199 $ 4,244 $ 1,186 $ 16,872 Provision (recapture) for loan losses 4,669 1,055 (121) (954) 4,649 Charge-offs — (303) — — (303) Recoveries — 181 125 — 306 Net (charge-offs) recoveries — (122) 125 — 3 Ending balance $ 11,912 $ 5,132 $ 4,248 $ 232 $ 21,524 Period end amount allocated to: Loans individually evaluated for impairment $ 15 $ 259 $ 639 $ — $ 913 Loans collectively evaluated for impairment 11,897 4,873 3,609 232 20,611 Ending balance $ 11,912 $ 5,132 $ 4,248 $ 232 $ 21,524 LOANS RECEIVABLE Loans individually evaluated for impairment $ 2,889 $ 746 $ 4,262 $ — $ 7,897 Loans collectively evaluated for impairment 865,036 344,575 251,400 — 1,461,011 Ending balance $ 867,925 $ 345,321 $ 255,662 $ — $ 1,468,908 At or For the Six Months Ended June 30, 2021 Commercial ALLOWANCE FOR LOAN LOSSES Real Estate Consumer Business Unallocated Total Beginning balance $ 13,846 $ 6,696 $ 4,939 $ 691 $ 26,172 Provision (recapture) for loan losses 462 727 773 (462) 1,500 Charge-offs — (852) (38) — (890) Recoveries — 452 — — 452 Net charge-offs — (400) (38) — (438) Ending balance $ 14,308 $ 7,023 $ 5,674 $ 229 $ 27,234 Period end amount allocated to: Loans individually evaluated for impairment $ — $ 269 $ 988 $ — $ 1,257 Loans collectively evaluated for impairment 14,308 6,754 4,686 229 25,977 Ending balance $ 14,308 $ 7,023 $ 5,674 $ 229 $ 27,234 LOANS RECEIVABLE Loans individually evaluated for impairment $ 1,049 $ 768 $ 4,487 $ — $ 6,304 Loans collectively evaluated for impairment 982,805 397,072 291,872 — 1,671,749 Ending balance $ 983,854 $ 397,840 $ 296,359 $ — $ 1,678,053 At or For the Six Months Ended June 30, 2020 Commercial ALLOWANCE FOR LOAN LOSSES Real Estate Consumer Business Unallocated Total Beginning balance $ 6,206 $ 3,766 $ 3,254 $ 3 $ 13,229 Provision for loan losses 5,688 1,715 703 229 8,335 Charge-offs — (673) (11) — (684) Recoveries 18 324 302 — 644 Net recoveries (charge-offs) 18 (349) 291 — (40) Ending balance $ 11,912 $ 5,132 $ 4,248 $ 232 $ 21,524 Period end amount allocated to: Loans individually evaluated for impairment $ 15 $ 259 $ 639 $ — $ 913 Loans collectively evaluated for impairment 11,897 4,873 3,609 232 20,611 Ending balance $ 11,912 $ 5,132 $ 4,248 $ 232 $ 21,524 LOANS RECEIVABLE Loans individually evaluated for impairment $ 2,889 $ 746 $ 4,262 $ — $ 7,897 Loans collectively evaluated for impairment 865,036 344,575 251,400 — 1,461,011 Ending balance $ 867,925 $ 345,321 $ 255,662 $ — $ 1,468,908 Nonaccrual and Past Due Loans As a result of the COVID-19 pandemic, the Company has and will continue to assist customers with an array of payment programs during periods of financial hardship, including forbearance. Forbearance allows a borrower to temporarily not make scheduled payments or to make smaller than scheduled payments, in each case for a specified period of time. Forbearance does not grant any reduction in the total principal or interest repayment obligation. While a loan is in forbearance status, interest continues to accrue and is repaid over a specified time period when the loan re-enters repayment status.
Past Due Financing Receivables	June 30, 2021 30-59 60-89 Days Days 90 Days Total Total Past Past or More Past Loans Non- REAL ESTATE LOANS Due Due Past Due Due Current Receivable Accrual Commercial $ — $ — $ — $ — $ 231,196 $ 231,196 $ — Construction and development — — — — 242,715 242,715 — Home equity 85 — 479 564 40,154 40,718 479 One-to-four-family — 126 571 697 334,700 335,397 571 Multi-family — — — — 133,828 133,828 — Total real estate loans 85 126 1,050 1,261 982,593 983,854 1,050 CONSUMER LOANS Indirect home improvement 389 269 293 951 307,496 308,447 605 Marine — 3 50 53 86,163 86,216 135 Other consumer 15 3 27 45 3,132 3,177 27 Total consumer loans 404 275 370 1,049 396,791 397,840 767 COMMERCIAL BUSINESS LOANS Commercial and industrial — — — — 242,287 242,287 4,487 Warehouse lending — — — — 54,072 54,072 — Total commercial business loans — — — — 296,359 296,359 4,487 Total loans $ 489 $ 401 $ 1,420 $ 2,310 $ 1,675,743 $ 1,678,053 $ 6,304 December 31, 2020 30-59 60-89 Days Days 90 Days Total Total Past Past or More Past Loans Non- REAL ESTATE LOANS Due Due Past Due Due Current Receivable Accrual Commercial $ — $ — $ — $ — $ 222,719 $ 222,719 $ — Construction and development 1,850 — — 1,850 215,125 216,975 — Home equity 127 137 219 483 42,610 43,093 636 One-to-four-family 389 404 512 1,305 309,788 311,093 644 Multi-family — — — — 131,601 131,601 — Total real estate loans 2,366 541 731 3,638 921,843 925,481 1,280 CONSUMER LOANS Indirect home improvement 683 331 325 1,339 284,681 286,020 826 Marine 28 77 22 127 85,613 85,740 44 Other consumer 73 22 — 95 3,323 3,418 1 Total consumer loans 784 430 347 1,561 373,617 375,178 871 COMMERCIAL BUSINESS LOANS Commercial and industrial — 1,204 — 1,204 223,272 224,476 5,610 Warehouse lending — — — — 49,092 49,092 — Total commercial business loans — 1,204 — 1,204 272,364 273,568 5,610 Total loans $ 3,150 $ 2,175 $ 1,078 $ 6,403 $ 1,567,824 $ 1,574,227 $ 7,761
Impaired Financing Receivables	June 30, 2021 Unpaid WITH NO RELATED ALLOWANCE RECORDED Principal Recorded Related Real estate loans: Balance Investment Allowance Home equity $ 534 $ 479 $ — One-to-four-family 631 570 — 1,165 1,049 — WITH RELATED ALLOWANCE RECORDED Consumer loans: Indirect 606 606 212 Marine 135 135 48 Other consumer 27 27 9 Commercial business loans: Commercial and industrial 4,487 4,487 988 5,255 5,255 1,257 Total $ 6,420 $ 6,304 $ 1,257 December 31, 2020 Unpaid WITH NO RELATED ALLOWANCE RECORDED Principal Recorded Related Real estate loans: Balance Investment Allowance Home equity 687 636 — One-to-four-family 645 584 — Commercial business loans: Commercial and industrial 1,203 1,203 — 2,535 2,423 — WITH RELATED ALLOWANCE RECORDED Real estate loans: One-to-four-family 61 60 15 Consumer loans: Indirect 826 826 289 Marine 44 44 15 Other consumer 1 1 1 Commercial business loans: Commercial and industrial 4,407 4,407 990 5,339 5,338 1,310 Total $ 7,874 $ 7,761 $ 1,310 At or For the Three Months Ended June 30, 2021 June 30, 2020 WITH NO RELATED ALLOWANCE RECORDED Average Recorded Interest Income Average Recorded Interest Income Real estate loans: Investment Recognized Investment Recognized Commercial $ — $ — $ 1,090 $ 19 Construction and development 1,233 — — — Home equity 506 7 412 11 One-to-four-family 645 4 1,124 2 Consumer loans: Other consumer — — 4 — 2,384 11 2,630 32 WITH AN ALLOWANCE RECORDED Real estate loans: One-to-four-family 20 — 60 — Consumer loans: Indirect 671 8 601 11 Marine 102 2 85 1 Other consumer 19 1 — — Commercial business loans: Commercial and industrial 4,487 105 1,421 162 5,299 116 2,167 174 Total $ 7,683 $ 127 $ 4,797 $ 206 At or For the Six Months Ended June 30, 2021 June 30, 2020 WITH NO RELATED ALLOWANCE RECORDED Average Recorded Interest Income Average Recorded Interest Income Real estate loans: Investment Recognized Investment Recognized Commercial $ — $ — $ 1,087 $ 27 Construction and development 1,541 — — — Home equity 579 9 316 11 One-to-four-family 594 6 1,177 7 Consumer loans: Other consumer — — 5 — 2,714 15 2,585 45 WITH AN ALLOWANCE RECORDED Real estate loans: One-to-four-family 40 — 60 — Consumer loans: — Indirect 728 22 574 24 Marine 69 3 63 1 Other consumer 11 1 1 — Commercial business loans: Commercial and industrial 5,082 105 710 162 5,930 131 1,408 187 Total $ 8,644 $ 146 $ 3,993 $ 232
Financing Receivable Credit Quality Indicators	June 30, 2021 Special Pass Watch Mention Substandard Doubtful Loss REAL ESTATE LOANS (1 - 5) (6) (7) (8) (9) (10) Total Commercial $ 179,002 $ 49,795 $ 1,471 $ 928 $ — $ — $ 231,196 Construction and development 242,715 — — — — — 242,715 Home equity 40,239 — — 479 — — 40,718 One-to-four-family 328,206 — 185 7,006 — — 335,397 Multi-family 133,828 — — — — — 133,828 Total real estate loans 923,990 49,795 1,656 8,413 — — 983,854 CONSUMER LOANS Indirect home improvement 307,841 — — 606 — — 308,447 Marine 86,081 — — 135 — — 86,216 Other consumer 3,150 — — 27 — — 3,177 Total consumer loans 397,072 — — 768 — — 397,840 COMMERCIAL BUSINESS LOANS Commercial and industrial 213,731 13,657 1,805 13,094 — — 242,287 Warehouse lending 54,072 — — — — — 54,072 Total commercial business loans 267,803 13,657 1,805 13,094 — — 296,359 Total loans receivable, gross $ 1,588,865 $ 63,452 $ 3,461 $ 22,275 $ — $ — $ 1,678,053 December 31, 2020 Special Pass Watch Mention Substandard Doubtful Loss REAL ESTATE LOANS (1 - 5) (6) (7) (8) (9) (10) Total Commercial $ 157,932 $ 60,834 $ 3,013 $ 940 $ — $ — $ 222,719 Construction and development 212,209 2,917 1,849 — — — 216,975 Home equity 42,457 — — 636 — — 43,093 One-to-four-family 303,610 162 187 7,134 — — 311,093 Multi-family 131,601 — — — — — 131,601 Total real estate loans 847,809 63,913 5,049 8,710 — — 925,481 CONSUMER LOANS Indirect home improvement 285,194 — — 826 — — 286,020 Marine 85,696 — — 44 — — 85,740 Other consumer 3,417 — — 1 — — 3,418 Total consumer loans 374,307 — — 871 — — 375,178 COMMERCIAL BUSINESS LOANS Commercial and industrial 190,392 23,945 2,073 8,066 — — 224,476 Warehouse lending 49,092 — — — — — 49,092 Total commercial business loans 239,484 23,945 2,073 8,066 — — 273,568 Total loans receivable, gross $ 1,461,600 $ 87,858 $ 7,122 $ 17,647 $ — $ — $ 1,574,227

Servicing Rights (Tables)

Servicing Rights (Tables)	6 Months Ended
Servicing Rights (Tables)	Jun. 30, 2021
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Summary of servicing rights activity	At or For the Three Months Ended June 30, 2021 2020 Beginning balance, at the lower of cost or fair value $ 15,735 $ 10,626 Additions 2,456 3,216 Servicing rights amortized (1,831) (2,367) Impairment of servicing rights (4) (803) Ending balance, at the lower of cost or fair value $ 16,356 $ 10,672 At or For the Six Months Ended June 30, 2021 2020 Beginning balance, at the lower of cost or fair value $ 12,595 $ 11,560 Additions 5,600 4,401 Servicing rights amortized (3,885) (3,972) Recovery (impairment) of servicing rights 2,046 (1,317) Ending balance, at the lower of cost or fair value $ 16,356 $ 10,672
Key economic assumptions and the sensitivity of the current fair value for single family mortgage servicing rights	June 30, 2021 December 31, 2020 (1) Aggregate portfolio principal balance $ 2,474,223 $ 2,133,473 Weighted average rate of note 3.3 % 3.5 % At June 30, 2021 Base 0.5% Adverse Rate Change 1.0% Adverse Rate Change Conditional prepayment rate 15.9 % 23.9 % 37.0 % Fair value MSR $ 23,551 $ 18,575 $ 13,343 Percentage of MSR 1.0 % 0.8 % 0.5 % Discount rate 9.1 % 9.6 % 10.1 % Fair value MSR $ 23,551 $ 23,126 $ 22,717 Percentage of MSR 1.0 % 0.9 % 0.9 % At December 31, 2020 Base 0.5% Adverse Rate Change 1.0% Adverse Rate Change Conditional prepayment rate 32.6 % 40.6 % 59.6 % Fair value MSR $ 12,833 $ 10,922 $ 8,286 Percentage of MSR 0.6 % 0.5 % 0.4 % Discount rate 9.1 % 9.6 % 10.1 % Fair value MSR $ 12,833 $ 12,696 $ 12,562 Percentage of MSR 0.6 % 0.6 % 0.6 %
Mortgage servicing rights
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Valuation assumptions	At June 30, At December 31, Key assumptions: 2021 2020 Weighted average discount rate 9.1 % 9.1 % Conditional prepayment rate (“CPR”) 15.9 % 32.6 % Weighted average life in years 5.6 3.0

Derivatives (Tables)

Derivatives (Tables)	6 Months Ended
Derivatives (Tables)	Jun. 30, 2021
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Derivative Instruments	June 30, 2021 Fair Value Cash flow hedges: Notional Asset Liability Interest rate swaps $ 90,000 $ 523 $ 645 Non-hedging derivatives: Fallout adjusted interest rate lock commitments with customers 110,858 2,106 — Mandatory and best effort forward commitments with investors 63,107 — 553 Forward TBA mortgage-backed securities 164,000 — 169 December 31, 2020 Fair Value Cash flow hedges: Notional Asset Liability Interest rate swaps $ 90,000 $ 21 $ 1,252 Non-hedging derivatives: Fallout adjusted interest rate lock commitments with customers 136,739 4,024 — Mandatory and best effort forward commitments with investors 25,027 — 67 Forward TBA mortgage-backed securities 232,000 — 1,602

Leases (Tables)

Leases (Tables)	6 Months Ended
Leases (Tables)	Jun. 30, 2021
Leases [Abstract]
Summary of lease cost	Three Months Ended Three Months Ended Lease cost: June 30, 2021 June 30, 2020 Operating lease cost $ 360 $ 356 Short-term lease cost 1 1 Total lease cost $ 361 $ 357 Six Months Ended Six Months Ended Lease cost: June 30, 2021 June 30, 2020 Operating lease cost $ 709 $ 699 Short-term lease cost 2 9 Total lease cost $ 711 $ 708
Supplemental information related to operating leases	At or For the At or For the Cash paid for amounts included in the Three Months Ended Three Months Ended measurement of lease liabilities: June 30, 2021 June 30, 2020 Operating cash flows from operating leases $ 353 $ 348 Weighted average remaining lease term- operating leases 5.1 years 5.1 years Weighted average discount rate- operating leases 2.21 % 2.66 % At or For the At or For the Cash paid for amounts included in the Six Months Ended Six Months Ended measurement of lease liabilities: June 30, 2021 June 30, 2020 Operating cash flows from operating leases $ 702 $ 684 Weighted average remaining lease term- operating leases 5.1 years 5.1 years Weighted average discount rate- operating leases 2.21 % 2.66 %
Summary of maturities of operating lease liabilities	Remainder of 2021 $ 703 2022 1,440 2023 1,069 2024 1,000 2025 650 Thereafter 1,059 Total lease payments 5,921 Less imputed interest (520) Total $ 5,401

Other Real Estate Owned ("ORE_2

Other Real Estate Owned ("OREO") (Tables)	6 Months Ended
Other Real Estate Owned ("OREO") (Tables)	Jun. 30, 2021
Banking and Thrift [Abstract]
Schedule of Other Real Estate Owned	At or For the Three Months Ended At or For the Six Months Ended June 30, June 30, 2021 2020 2021 2020 Beginning balance $ — $ 90 $ 90 $ 168 Additions — — — — Gross proceeds from sale of OREO — — (81) (76) Loss on sale of OREO — — (9) (2) Ending balance $ — $ 90 $ — $ 90

Deposits (Tables)

Deposits (Tables)	6 Months Ended
Deposits (Tables)	Jun. 30, 2021
Banking and Thrift [Abstract]
Schedule of Deposit Liabilities	June 30, December 31, 2021 2020 Noninterest-bearing checking $ 415,748 $ 348,421 Interest-bearing checking 257,206 226,282 Savings 181,505 152,842 Money market 483,935 429,548 Certificates of deposit less than $100,000 299,250 299,157 Certificates of deposit of $100,000 through $250,000 138,559 135,901 Certificates of deposit of $250,000 and over 65,938 67,488 Escrow accounts related to mortgages serviced 16,469 14,432 Total $ 1,858,610 $ 1,674,071
Schedule of Maturities of Time Deposits for Future Periods	At June 30, 2021 Maturing in 2021 $ 232,248 Maturing in 2022 149,703 Maturing in 2023 32,257 Maturing in 2024 24,198 Maturing in 2025 58,912 Thereafter 6,429 Total $ 503,747
Schedule of Interest Expense by Deposit Category	Three Months Ended Six Months Ended June 30, June 30, 2021 2020 2021 2020 Interest-bearing checking $ 48 $ 77 $ 98 $ 212 Savings and money market 416 642 884 1,469 Certificates of deposit 1,406 2,507 2,870 5,352 Total $ 1,870 $ 3,226 $ 3,852 $ 7,033

Commitments and Contingencies (

Commitments and Contingencies (Tables)	6 Months Ended
Commitments and Contingencies (Tables)	Jun. 30, 2021
Commitments and Contingencies Disclosure [Abstract]
Schedule of Commitments to Extend Credit	COMMITMENTS TO EXTEND CREDIT June 30, December 31, REAL ESTATE LOANS 2021 2020 Commercial $ 2,438 $ 1,293 Construction and development 171,557 143,666 One-to-four-family (includes locks for saleable loans) 149,406 147,712 Home equity 56,648 52,457 Multi-family 3,261 658 Total real estate loans 383,310 345,786 CONSUMER LOANS 34,914 23,365 COMMERCIAL BUSINESS LOANS Commercial and industrial 109,653 106,171 Warehouse lending 46,428 52,909 Total commercial business loans 156,081 159,080 Total commitments to extend credit $ 574,305 $ 528,231

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	6 Months Ended
Fair Value Measurements (Tables)	Jun. 30, 2021
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Schedule of assets and liabilities measured at fair value on a recurring basis	Financial Assets At June 30, 2021 Securities available-for-sale: Level 1 Level 2 Level 3 Total U.S. agency securities $ — $ 16,827 $ — $ 16,827 Corporate securities — 10,553 976 11,529 Municipal bonds — 111,312 141 111,453 Mortgage-backed securities — 75,999 — 75,999 U.S. Small Business Administration securities — 16,762 — 16,762 Mortgage loans held for sale, at fair value — 121,395 — 121,395 Derivatives: Interest rate swaps — 523 — 523 Interest rate lock commitments with customers — — 2,106 2,106 Total assets measured at fair value $ — $ 353,371 $ 3,223 $ 356,594 Financial Liabilities Derivatives: Mandatory and best effort forward commitments with investors $ — $ — $ (553) $ (553) Forward TBA mortgage-backed securities — (169) — (169) Interest rate swaps — (645) — (645) Total liabilities measured at fair value $ — $ (814) $ (553) $ (1,367) Financial Assets At December 31, 2020 Securities available-for-sale: Level 1 Level 2 Level 3 Total U.S. agency securities $ — $ 8,105 $ — $ 8,105 Corporate securities — 10,016 984 11,000 Municipal bonds — 71,730 127 71,857 Mortgage-backed securities — 68,187 — 68,187 U.S. Small Business Administration securities — 18,869 — 18,869 Mortgage loans held for sale, at fair value — 166,448 — 166,448 Derivatives: Interest rate swaps — 21 — 21 Interest rate lock commitments with customers — — 4,024 4,024 Total assets measured at fair value $ — $ 343,376 $ 5,135 $ 348,511 Financial Liabilities Derivatives: Mandatory and best effort forward commitments with investors $ — $ — $ (67) $ (67) Forward TBA mortgage-backed securities — (1,602) — (1,602) Interest rate swaps — (1,252) — (1,252) Total liabilities measured at fair value $ — $ (2,854) $ (67) $ (2,921)
Schedule of Valuation Allowance for Impairment of Recognized Servicing Assets	June 30, 2021 Level 1 Level 2 Level 3 Total Impaired loans $ — $ — $ 6,304 $ 6,304 Servicing rights — — 23,551 23,551 December 31, 2020 Level 1 Level 2 Level 3 Total Impaired loans $ — $ — $ 7,761 $ 7,761 OREO — — 90 90 Servicing rights — — 12,833 12,833
Fair value reconciliation - Level 3 on recurring basis	Purchases Net change in Net change in Three Months Ended Beginning and Sales and Ending fair value for fair value for June 30, 2021 Balance Issuances Settlements Balance gains/(losses) (1) gains/(losses) (2) Interest rate lock commitments with customers $ 1,985 $ 7,169 $ (7,048) $ 2,106 $ 121 $ — Individual forward sale commitments with investors 506 (1,200) 141 (553) (1,059) — Securities available-for-sale, at fair value 1,129 — (12) 1,117 — (9) June 30, 2020 Interest rate lock commitments with customers $ 4,291 $ 12,692 $ (12,261) $ 4,722 $ 431 $ — Individual forward sale commitments with investors (181) (1,089) 1,126 (144) 37 — Securities available-for-sale, at fair value 1,171 (5) (3) 1,163 — (5) Purchases Net change in Net change in Six Months Ended Beginning and Sales and Ending fair value for fair value for June 30, 2021 Balance Issuances Settlements Balance gains/(losses) (1) gains/(losses) (2) Interest rate lock commitments with customers $ 4,024 $ 14,860 $ (16,778) $ 2,106 $ (1,918) $ — Individual forward sale commitments with investors (67) (546) 60 (553) (486) — Securities available-for-sale, at fair value 1,111 12 (6) 1,117 — 12 June 30, 2020 Interest rate lock commitments with customers $ 557 $ 20,103 $ (15,938) $ 4,722 $ 4,165 $ — Individual forward sale commitments with investors (195) (1,620) 1,671 (144) 51 — Securities available-for-sale, at fair value 1,162 7 (6) 1,163 — 7 ______________________________ (1) Relating to items held at end of period included in income. (2) Relating to items held at end of period included in other comprehensive income.
Fair Value, by Balance Sheet Grouping	June 30, December 31, 2021 2020 Financial Assets Carrying Fair Carrying Fair Level 1 inputs: Amount Value Amount Value Cash and cash equivalents $ 86,554 $ 86,554 $ 91,576 $ 91,576 Certificates of deposit at other financial institutions 11,782 11,782 12,278 12,278 Level 2 inputs: Securities available-for-sale, at fair value 231,453 231,453 176,907 176,907 Securities held-to-maturity 7,500 8,000 7,500 7,556 Loans held for sale, at fair value 121,395 121,395 166,448 166,448 FHLB stock, at cost 5,065 5,065 7,439 7,439 Interest rate swaps 523 523 21 21 Accrued interest receivable 7,323 7,323 7,030 7,030 Level 3 inputs: Securities available-for-sale, at fair value 1,117 1,117 1,111 1,111 Loans receivable, gross 1,678,053 1,685,326 1,574,227 1,580,360 Servicing rights, held at lower of cost or fair value 16,356 23,551 12,595 12,833 Fair value interest rate locks with customers 2,106 2,106 4,024 4,024 Financial Liabilities Level 2 inputs: Deposits 1,858,610 1,855,162 1,674,071 1,674,328 Borrowings 42,528 43,834 165,809 167,680 Subordinated notes 49,361 50,500 10,000 11,083 Accrued interest payable 792 792 406 406 Interest rate swaps 645 645 1,252 1,252 Forward TBA mortgage-backed securities 169 169 1,602 1,602 Level 3 inputs: Mandatory and best effort forward commitments with investors 553 553 67 67
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Valuation assumptions	Level 3 Significant Weighted Average Fair Value Valuation Unobservable June 30, December 31, Instruments Techniques Inputs Range 2021 2020 RECURRING Interest rate lock commitments with customers Quoted market prices Pull-through expectations 80% - 99% 93.0 % 91.6 % Individual forward sale commitments with investors Quoted market prices Pull-through expectations 80% - 99% 93.0 % 91.6 % Corporate securities Discounted cash flows Discount rate 2.5% 2.5 % 2.5 % Municipal bonds Discounted cash flows Discount rate 6.4% 6.4 % 6.4 % NONRECURRING Impaired loans Fair value of underlying collateral Discount applied to the obtained appraisal 10.0% 10.0 % 10.0 % OREO Fair value of collateral Discount applied to the obtained appraisal 10.0% N/A 10.0 % Servicing rights Industry sources Pre-payment speeds 0% - 50% 15.9 % 32.6 %

Employee Benefits (Tables)

Employee Benefits (Tables)	6 Months Ended
Employee Benefits (Tables)	Jun. 30, 2021
Compensation and Retirement Disclosure [Abstract]
Schedule of Shares Under ESOP	Balances Balances at June 30, 2021 at June 30, 2020 Allocated shares 427,488 379,022 Committed to be released shares 25,921 25,920 Unallocated shares 25,921 77,764 Total ESOP shares 479,330 482,706 Fair value of unallocated shares (in thousands) $ 897 $ 1,515 Share data has been adjusted to reflect a two-for-one stock split effective July 14, 2021.

Earnings Per Share (Tables)

Earnings Per Share (Tables)	6 Months Ended
Earnings Per Share (Tables)	Jun. 30, 2021
Earnings Per Share [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	At or For the Three Months Ended June 30, At or For the Six Months Ended June 30, Numerator (in thousands): 2021 2020 2021 2020 Net income $ 8,549 $ 10,020 $ 20,432 $ 15,187 Dividends and undistributed earnings allocated to participating securities (128) (113) (299) (176) Net income available to common shareholders $ 8,421 $ 9,907 $ 20,133 $ 15,011 Denominator (shown as actual, post stock split): Basic weighted average common shares outstanding 8,393,164 8,465,552 8,418,299 8,630,755 Dilutive shares 267,449 144,946 252,852 161,190 Diluted weighted average common shares outstanding 8,660,613 8,610,498 8,671,151 8,791,945 Basic earnings per share $ 1.00 $ 1.17 $ 2.39 $ 1.74 Diluted earnings per share $ 0.97 $ 1.15 $ 2.32 $ 1.71 Potentially dilutive weighted average share options that were not included in the computation of diluted earnings per share because to do so would be anti-dilutive — 189,292 — 130,032 Share data has been adjusted to reflect a two-for-one stock split effective July 14, 2021.

Stock-Based Compensation (Table

Stock-Based Compensation (Tables)	6 Months Ended
Stock-Based Compensation (Tables)	Jun. 30, 2021
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Summary of Stock Option Awards	Weighted-Average Weighted- Remaining Average Contractual Term In Aggregate Shares Exercise Price Years Intrinsic Value Outstanding at January 1, 2021 671,754 $ 19.45 6.58 $ 5,721,159 Granted — — — — Less exercised 73,074 $ 8.45 — $ 1,905,920 Forfeited or expired — — — — Outstanding at June 30, 2021 598,680 $ 20.79 6.48 $ 8,886,172 Expected to vest, assuming a 0.31% annual forfeiture rate (1) 597,072 $ 20.78 6.48 $ 8,867,752 Exercisable at June 30, 2021 276,902 $ 15.86 4.55 $ 5,476,741 __________________________ (1) Forfeiture rate has been calculated and estimated to assume a forfeiture of 3.1% of the options forfeited over 10 years. Share data has been adjusted to reflect a two-for-one stock split effective July 14, 2021.
Summary of Nonvested Awards	Weighted-Average Grant-Date Fair Value Nonvested Shares Shares Per Share Nonvested at January 1, 2021 110,184 $ 24.35 Granted — — Less vested — — Forfeited or expired — — Nonvested at June 30, 2021 110,184 $ 24.35 _______________________________ Share data has been adjusted to reflect a two-for-one stock split effective July 14, 2021.

Business Segments (Tables)

Business Segments (Tables)	6 Months Ended
Business Segments (Tables)	Jun. 30, 2021
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	At or For the Three Months Ended June 30, 2021 Condensed income statement: Home Lending Commercial and Consumer Banking Total Net interest income (1) $ 2,246 $ 18,974 $ 21,220 Benefit (provision) for loan losses (499) 499 — Noninterest income 5,801 2,385 8,186 Noninterest expense (5,389) (13,573) (18,962) Income before provision for income taxes 2,159 8,285 10,444 Provision for income taxes (304) (1,591) (1,895) Net income $ 1,855 $ 6,694 $ 8,549 Total average assets for period ended $ 388,174 $ 1,787,344 $ 2,175,518 FTEs 156 366 522 At or For the Three Months Ended June 30, 2020 Condensed income statement: Home Lending Commercial and Consumer Banking Total Net interest income (1) $ 1,204 $ 16,656 $ 17,860 Provision for loan losses (497) (4,152) (4,649) Noninterest income 12,076 2,055 14,131 Noninterest expense (4,069) (10,553) (14,622) Income before provision for income taxes 8,714 4,006 12,720 Provision for income taxes (1,834) (866) (2,700) Net income $ 6,880 $ 3,140 $ 10,020 Total average assets for period ended $ 376,033 $ 1,561,753 $ 1,937,786 FTEs 130 334 464 At or For the Six Months Ended June 30, 2021 Condensed income statement: Home Lending Commercial and Consumer Banking Total Net interest income (1) $ 3,868 $ 37,452 $ 41,320 Provision for loan losses (441) (1,059) (1,500) Noninterest income 16,633 4,587 21,220 Noninterest expense (8,520) (26,747) (35,267) Income before provision for income taxes 11,540 14,233 25,773 Provision for income taxes (2,391) (2,950) (5,341) Net income $ 9,149 $ 11,283 $ 20,432 Total average assets for year ended $ 395,032 $ 1,756,642 $ 2,151,674 FTEs 156 366 522 At or For the Six Months Ended June 30, 2020 Condensed income statement: Home Lending Commercial and Consumer Banking Total Net interest income (1) $ 2,385 $ 32,948 $ 35,333 Provision for loan losses (1,056) (7,279) (8,335) Noninterest income 17,234 5,788 23,022 Noninterest expense (8,231) (22,575) (30,806) Income before provision for income taxes 10,332 8,882 19,214 Provision for income taxes (2,165) (1,862) (4,027) Net income $ 8,167 $ 7,020 $ 15,187 Total average assets for year ended $ 351,737 $ 1,484,173 $ 1,835,910 FTEs 130 334 464 _________________________ (1) Net interest income is the difference between interest earned on assets and the cost of liabilities to fund those assets. Interest earned includes actual interest earned on segment assets and, if the segment has excess liabilities, interest credits for providing funding to the other segment. The cost of liabilities includes interest expense on segment liabilities and, if the segment does not have enough liabilities to fund its assets, a funding charge based on the cost of assigned liabilities to fund segment assets.

Goodwill and other Intangible_2

Goodwill and other Intangible Assets (Tables)	6 Months Ended
Goodwill and other Intangible Assets (Tables)	Jun. 30, 2021
Goodwill and Intangible Assets Disclosure [Abstract]
Schedule of changes in other intangible assets	Other Intangible Assets Accumulated Gross CDI Amortization Net CDI Balance, December 31, 2019 $ 7,490 $ (2,033) $ 5,457 Amortization — (706) (706) Balance, December 31, 2020 7,490 (2,739) 4,751 Amortization — (354) (354) Balance, June 30, 2021 $ 7,490 $ (3,093) $ 4,397
Schedule of Amortization Expense	Remainder of 2021 $ 337 2022 691 2023 691 2024 621 2025 525 Thereafter 1,532 Total $ 4,397

Revenue From Contracts With C_2

Revenue From Contracts With Customers (Tables)	6 Months Ended
Revenue From Contracts With Customers (Tables)	Jun. 30, 2021
Revenue from Contract with Customer [Abstract]
Schedule of noninterest income, segregated by revenue streams in-scope and out-of-scope of Topic 606	(Dollars in thousands): At or For the Three Months Ended June 30, At or For the Six Months Ended June 30, Noninterest income 2021 2020 2021 2020 In-scope of Topic 606: Debit card interchange fees $ 585 $ 444 $ 1,100 $ 879 Deposit service and account maintenance fees 173 145 346 411 Noninterest income (in-scope of Topic 606) 758 589 1,446 1,290 Noninterest income (out-of-scope of Topic 606) 7,428 13,542 19,774 21,732 Total noninterest income $ 8,186 $ 14,131 $ 21,220 $ 23,022

Basis of Presentation and Sum_3

Basis of Presentation and Summary of Significant Accounting Policies (Details)	6 Months Ended
	Jun. 30, 2021itemOfficesegment	Jul. 14, 2021shares
Schedule of Accounting Policies [Line Items]
Number of operating segments \| segment	2
Percentage of stock dividend		100.00%
Number of additional shares \| shares		1
Puget Sound [Member]
Schedule of Accounting Policies [Line Items]
Number of bank branches	21
Number of administrative offices that accept deposits \| Office	1
Number of loan production offices	10
Tri-Cities, Washington [Member]
Schedule of Accounting Policies [Line Items]
Number of loan production offices	1

Investments - Available-for-sal

Investments - Available-for-sale securities reconciliation (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
SECURITIES AVAILABLE-FOR-SALE
Amortized cost	$ 230,621	$ 173,560
Unrealized gains	4,433	5,639
Unrealized losses	(2,484)	(1,181)
Securities available-for-sale, at fair value	232,570	178,018
SECURITIES HELD-TO-MATURITY
Amortized cost	7,500	7,500
Unrealized gains	500	77
Unrealized losses		(21)
Securities held-to-maturity, at fair value	8,000	7,556
Total securities
Amortized cost	238,121	181,060
Unrealized gains	4,933	5,716
Unrealized losses	(2,484)	(1,202)
Total securities, at fair value	240,570	185,574
U.S. agency securities
SECURITIES AVAILABLE-FOR-SALE
Amortized cost	16,870	7,940
Unrealized gains	146	166
Unrealized losses	(189)	(1)
Securities available-for-sale, at fair value	16,827	8,105
Corporate securities
SECURITIES AVAILABLE-FOR-SALE
Amortized cost	11,907	11,885
Unrealized gains	47	54
Unrealized losses	(425)	(939)
Securities available-for-sale, at fair value	11,529	11,000
SECURITIES HELD-TO-MATURITY
Amortized cost	7,500	7,500
Unrealized gains	500	77
Unrealized losses		(21)
Securities held-to-maturity, at fair value	8,000	7,556
Municipal bonds
SECURITIES AVAILABLE-FOR-SALE
Amortized cost	111,469	69,572
Unrealized gains	1,671	2,435
Unrealized losses	(1,687)	(150)
Securities available-for-sale, at fair value	111,453	71,857
Mortgage-backed securities
SECURITIES AVAILABLE-FOR-SALE
Amortized cost	74,006	65,722
Unrealized gains	2,176	2,541
Unrealized losses	(183)	(76)
Securities available-for-sale, at fair value	75,999	68,187
U.S. Small Business Administration securities
SECURITIES AVAILABLE-FOR-SALE
Amortized cost	16,369	18,441
Unrealized gains	393	443
Unrealized losses		(15)
Securities available-for-sale, at fair value	$ 16,762	$ 18,869

Investments - Narrative (Detail

Investments - Narrative (Details)	6 Months Ended	12 Months Ended
Investments - Narrative (Details)	Jun. 30, 2021USD ($)security	Dec. 31, 2020USD ($)security
Debt and Equity Securities, FV-NI [Line Items]
Investments with unrealized losses of less than one year \| security	50	21
Investments with unrealized losses of more than one year \| security	4	1
Number of securities pledged and held at FHLB \| security	7	7
Pledged securities for FHLB	$ 8,500,000	$ 8,800,000
Public deposits	16,300,000	13,200,000
Other than temporary impairment losses, investments	0	0
Asset pledged as collateral \| Washington Public Deposit Protection Commission
Debt and Equity Securities, FV-NI [Line Items]
Collateral requirement	$ 6,700,000	$ 5,300,000
Cash Flow Hedges \| Asset pledged as collateral
Debt and Equity Securities, FV-NI [Line Items]
Number of Securities Pledged \| security	2
Pledged Assets Held as Collateral, Carrying Value	$ 3,200,000
Pledged securities for FHLB	$ 3,200,000

Investments - Investments with

Investments - Investments with Unrealized Losses Policy (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Fair Value
Securities available-for-sale, Unrealized loss position, Fair Value, Less than 12 Months	$ 75,572	$ 26,639
Securities available-for-sale, Unrealized loss position, Fair Value, 12 Months or Longer	10,707	3,002
Securities available-for-sale, Unrealized loss position, Fair Value	86,279	29,641
Securities held-to-maturity, Unrealized loss position, Fair Value, Less than 12 Months		4,979
Securities held-to-maturity, Unrealized loss position, Fair Value		4,979
Total securities, Unrealized loss position, Fair Value, Less than 12 Months		31,618
Total securities, Unrealized loss position, Fair Value, 12 Months or Longer		3,002
Total securities, Unrealized loss position, Fair Value		34,620
Unrealized Losses
Securities available-for-sale, Unrealized loss position, Unrealized losses, Less than 12 Months	(2,245)	(1,170)
Securities available-for-sale, Unrealized loss position, Unrealized losses, 12 Months or Longer	(239)	(11)
Securities available-for-sale, Unrealized losses	(2,484)	(1,181)
Securities held-to-maturity, Unrealized loss position, Unrealized losses, Less than 12 Months		(21)
Securities held-to-maturity, Unrealized losses		(21)
Total securities, Unrealized loss position, Unrealized losses, Less than 12 Months		(1,191)
Total securities, Unrealized loss position, Unrealized losses, 12 Months or Longer		(11)
Total securities, Unrealized losses		(1,202)
U.S. agency securities
Fair Value
Securities available-for-sale, Unrealized loss position, Fair Value, Less than 12 Months	7,688	1,986
Securities available-for-sale, Unrealized loss position, Fair Value	7,688	1,986
Unrealized Losses
Securities available-for-sale, Unrealized loss position, Unrealized losses, Less than 12 Months	(189)	(1)
Securities available-for-sale, Unrealized losses	(189)	(1)
Corporate securities
Fair Value
Securities available-for-sale, Unrealized loss position, Fair Value, Less than 12 Months	3,702	7,059
Securities available-for-sale, Unrealized loss position, Fair Value, 12 Months or Longer	2,870
Securities available-for-sale, Unrealized loss position, Fair Value	6,572	7,059
Securities held-to-maturity, Unrealized loss position, Fair Value, Less than 12 Months		4,979
Securities held-to-maturity, Unrealized loss position, Fair Value		4,979
Unrealized Losses
Securities available-for-sale, Unrealized loss position, Unrealized losses, Less than 12 Months	(296)	(939)
Securities available-for-sale, Unrealized loss position, Unrealized losses, 12 Months or Longer	(129)
Securities available-for-sale, Unrealized losses	(425)	(939)
Securities held-to-maturity, Unrealized loss position, Unrealized losses, Less than 12 Months		(21)
Securities held-to-maturity, Unrealized losses		(21)
Municipal bonds
Fair Value
Securities available-for-sale, Unrealized loss position, Fair Value, Less than 12 Months	57,949	8,377
Securities available-for-sale, Unrealized loss position, Fair Value	57,949	8,377
Unrealized Losses
Securities available-for-sale, Unrealized loss position, Unrealized losses, Less than 12 Months	(1,687)	(150)
Securities available-for-sale, Unrealized losses	(1,687)	(150)
Mortgage-backed securities
Fair Value
Securities available-for-sale, Unrealized loss position, Fair Value, Less than 12 Months	6,233	6,903
Securities available-for-sale, Unrealized loss position, Fair Value, 12 Months or Longer	7,837	3,002
Securities available-for-sale, Unrealized loss position, Fair Value	14,070	9,905
Unrealized Losses
Securities available-for-sale, Unrealized loss position, Unrealized losses, Less than 12 Months	(73)	(65)
Securities available-for-sale, Unrealized loss position, Unrealized losses, 12 Months or Longer	(110)	(11)
Securities available-for-sale, Unrealized losses	$ (183)	(76)
U.S. Small Business Administration securities
Fair Value
Securities available-for-sale, Unrealized loss position, Fair Value, Less than 12 Months		2,314
Securities available-for-sale, Unrealized loss position, Fair Value		2,314
Unrealized Losses
Securities available-for-sale, Unrealized loss position, Unrealized losses, Less than 12 Months		(15)
Securities available-for-sale, Unrealized losses		$ (15)

Investments - Available for Sal

Investments - Available for Sale Securities by Contractual Maturity (Details) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Debt and Equity Securities, FV-NI [Line Items]
Proceeds from sale of available-for-sale securities	$ 0	$ 9,200,000	$ 0	$ 9,173,000
Gains from securities available-for-sale	0	$ 182,000	0	$ 182,000
Losses from sale of available-for-sale securities	0		0
Amortized Cost
Securities available-for-sale, Total	230,621,000		230,621,000		$ 173,560,000
Securities held-to-maturity, Total	7,500,000		7,500,000		7,500,000
Total securities	238,121,000		238,121,000		181,060,000
Fair Value
Securities available-for-sale, Total	232,570,000		232,570,000		178,018,000
Securities held-to-maturity, Total	8,000,000		8,000,000		7,556,000
Total securities	240,570,000		240,570,000		185,574,000
U.S. agency securities
Amortized Cost
Securities available-for-sale, Due after one year through five years	968,000		968,000		978,000
Securities available-for-sale, Due after five years through ten years	4,913,000		4,913,000		1,000,000
Securities available-for-sale, Due after ten years	10,989,000		10,989,000		5,962,000
Securities available-for-sale, Subtotal	16,870,000		16,870,000		7,940,000
Securities available-for-sale, Total	16,870,000		16,870,000		7,940,000
Fair Value
Securities available-for-sale, Due after one year through five years	1,033,000		1,033,000		1,060,000
Securities available-for-sale, Due after five years through ten years	4,927,000		4,927,000		1,036,000
Securities available-for-sale, Due after ten years	10,867,000		10,867,000		6,009,000
Securities available-for-sale, Subtotal	16,827,000		16,827,000		8,105,000
Securities available-for-sale, Total	16,827,000		16,827,000		8,105,000
Corporate securities
Amortized Cost
Securities available-for-sale, Due in one year or less	2,413,000		2,413,000		2,392,000
Securities available-for-sale, Due after one year through five years	3,494,000		3,494,000		3,493,000
Securities available-for-sale, Due after five years through ten years	4,000,000		4,000,000		4,000,000
Securities available-for-sale, Due after ten years	2,000,000		2,000,000		2,000,000
Securities available-for-sale, Subtotal	11,907,000		11,907,000		11,885,000
Securities available-for-sale, Total	11,907,000		11,907,000		11,885,000
Securities held-to-maturity, Due after five years through ten years	7,500,000		7,500,000		7,500,000
Fair Value
Securities available-for-sale, Due in one year or less	2,428,000		2,428,000		2,433,000
Securities available-for-sale, Due after one year through five years	3,505,000		3,505,000		3,491,000
Securities available-for-sale, Due after five years through ten years	3,704,000		3,704,000		3,676,000
Securities available-for-sale, Due after ten years	1,892,000		1,892,000		1,400,000
Securities available-for-sale, Subtotal	11,529,000		11,529,000		11,000,000
Securities available-for-sale, Total	11,529,000		11,529,000		11,000,000
Securities held-to-maturity, Due after five years through ten years	8,000,000		8,000,000		7,556,000
Municipal bonds
Amortized Cost
Securities available-for-sale, Due in one year or less	0		0		101,000
Securities available-for-sale, Due after one year through five years	3,736,000		3,736,000		3,749,000
Securities available-for-sale, Due after five years through ten years	8,902,000		8,902,000		7,994,000
Securities available-for-sale, Due after ten years	98,831,000		98,831,000		57,728,000
Securities available-for-sale, Subtotal	111,469,000		111,469,000		69,572,000
Securities available-for-sale, Total	111,469,000		111,469,000		69,572,000
Fair Value
Securities available-for-sale, Due in one year or less	0		0		101,000
Securities available-for-sale, Due after one year through five years	3,924,000		3,924,000		3,980,000
Securities available-for-sale, Due after five years through ten years	9,136,000		9,136,000		8,321,000
Securities available-for-sale, Due after ten years	98,393,000		98,393,000		59,455,000
Securities available-for-sale, Subtotal	111,453,000		111,453,000		71,857,000
Securities available-for-sale, Total	111,453,000		111,453,000		71,857,000
Mortgage-backed securities
Amortized Cost
Securities available-for-sale, Mortgage-backed securities	74,006,000		74,006,000		65,722,000
Securities available-for-sale, Total	74,006,000		74,006,000		65,722,000
Fair Value
Securities available-for-sale, Mortgage-backed securities	75,999,000		75,999,000		68,187,000
Securities available-for-sale, Total	75,999,000		75,999,000		68,187,000
Federal National Mortgage Association ("FNMA")
Amortized Cost
Securities available-for-sale, Mortgage-backed securities	58,278,000		58,278,000		47,675,000
Fair Value
Securities available-for-sale, Mortgage-backed securities	60,204,000		60,204,000		50,005,000
Federal Home Loan Mortgage Corporation ("FHLMC")
Amortized Cost
Securities available-for-sale, Mortgage-backed securities	10,948,000		10,948,000		11,825,000
Fair Value
Securities available-for-sale, Mortgage-backed securities	10,930,000		10,930,000		11,913,000
Government National Mortgage Association ("GNMA")
Amortized Cost
Securities available-for-sale, Mortgage-backed securities	4,780,000		4,780,000		6,222,000
Fair Value
Securities available-for-sale, Mortgage-backed securities	4,865,000		4,865,000		6,269,000
U.S. Small Business Administration securities
Amortized Cost
Securities available-for-sale, Due after one year through five years	3,436,000		3,436,000		2,266,000
Securities available-for-sale, Due after five years through ten years	5,148,000		5,148,000		8,097,000
Securities available-for-sale, Due after ten years	7,785,000		7,785,000		8,078,000
Securities available-for-sale, Subtotal	16,369,000		16,369,000		18,441,000
Securities available-for-sale, Total	16,369,000		16,369,000		18,441,000
Fair Value
Securities available-for-sale, Due after one year through five years	3,506,000		3,506,000		2,353,000
Securities available-for-sale, Due after five years through ten years	5,280,000		5,280,000		8,333,000
Securities available-for-sale, Due after ten years	7,976,000		7,976,000		8,183,000
Securities available-for-sale, Subtotal	16,762,000		16,762,000		18,869,000
Securities available-for-sale, Total	$ 16,762,000		$ 16,762,000		$ 18,869,000

Loans Receivable and Allowanc_3

Loans Receivable and Allowance For Loan Losses - Composition of Loan Portfolio (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020	Jun. 30, 2020
Financing Receivable, Recorded Investment [Line Items]
Total loans receivable, gross	$ 1,678,053	$ 1,574,227	$ 1,468,908
Allowance for loan losses	(27,234)	(26,172)
Deferred costs and fees, net	(5,514)	(4,017)
Premiums on purchased loans, net	359	943
Total loans receivable, net	1,645,664	1,544,981
REAL ESTATE LOANS
Financing Receivable, Recorded Investment [Line Items]
Total loans receivable, gross	983,854	925,481	867,925
REAL ESTATE LOANS \| Commercial Real Estate
Financing Receivable, Recorded Investment [Line Items]
Total loans receivable, gross	231,196	222,719
REAL ESTATE LOANS \| Construction and development
Financing Receivable, Recorded Investment [Line Items]
Total loans receivable, gross	242,715	216,975
REAL ESTATE LOANS \| Home equity.
Financing Receivable, Recorded Investment [Line Items]
Total loans receivable, gross	40,718	43,093
REAL ESTATE LOANS \| One-to-four-family
Financing Receivable, Recorded Investment [Line Items]
Total loans receivable, gross	335,397	311,093
REAL ESTATE LOANS \| Multi-family
Financing Receivable, Recorded Investment [Line Items]
Total loans receivable, gross	133,828	131,601
CONSUMER LOANS
Financing Receivable, Recorded Investment [Line Items]
Total loans receivable, gross	397,840	375,178	345,321
CONSUMER LOANS \| Indirect home improvement
Financing Receivable, Recorded Investment [Line Items]
Total loans receivable, gross	308,447	286,020
CONSUMER LOANS \| Marine
Financing Receivable, Recorded Investment [Line Items]
Total loans receivable, gross	86,216	85,740
CONSUMER LOANS \| Other consumer loans
Financing Receivable, Recorded Investment [Line Items]
Total loans receivable, gross	3,177	3,418
COMMERCIAL BUSINESS LOANS
Financing Receivable, Recorded Investment [Line Items]
Total loans receivable, gross	296,359	273,568	$ 255,662
COMMERCIAL BUSINESS LOANS \| Commercial and industrial
Financing Receivable, Recorded Investment [Line Items]
Total loans receivable, gross	242,287	224,476
COMMERCIAL BUSINESS LOANS \| Warehouse lending
Financing Receivable, Recorded Investment [Line Items]
Total loans receivable, gross	$ 54,072	$ 49,092

Loans Receivable and Allowanc_4

Loans Receivable and Allowance For Loan Losses - Narrative (Details) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2021USD ($)segmentdivisionitem	Dec. 31, 2020USD ($)	Jun. 30, 2020USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans and Leases Receivable, Gross	$ 1,678,053	$ 1,574,227	$ 1,468,908
Number of loan portfolio segments \| segment	3
Number of warehouse lending divisions \| division	2
Loans that qualify as collateral for FHLB advances	$ 751,800	774,800
Loans that qualify as collateral for Federal Reserve Bank lines of credit	$ 396,800	369,200
Multi-family
Accounts, Notes, Loans and Financing Receivable [Line Items]
Number of Units in Real Estate Property \| item	5
Paycheck Protection Program Liquidity Facility
Accounts, Notes, Loans and Financing Receivable [Line Items]
PPP Loans Collateralized	$ 73,200
Anchor Bancorp
Accounts, Notes, Loans and Financing Receivable [Line Items]
Remaining net discount on loans acquired	1,000	1,500
Loans and Leases Receivable, Gross	$ 100,200	$ 132,600
Minimum term for accrual of interest on loans to be discontinued	90 days

Loans Receivable and Allowanc_5

Loans Receivable and Allowance For Loan Losses - Allowance for Loan Losses by Loan Categories (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
ALLOWANCE FOR LOAN LOSSES
Beginning balance	$ 27,375	$ 16,872	$ 26,172	$ 13,229
Provision (recapture) for loan losses		4,649	1,500	8,335
Charge-offs	(349)	(303)	(890)	(684)
Recoveries	208	306	452	644
Net (charge-offs) recoveries	(141)	3	(438)	(40)
Ending balance	27,234	21,524	27,234	21,524
Period End Amount Allocated to
Loans individually evaluated for impairment	1,257	913	1,257	913
Loans collectively evaluated for impairment	25,977	20,611	25,977	20,611
Ending balance	27,234	21,524	27,234	21,524
LOANS RECEIVABLE
Loans individually evaluated for impairment	6,304	7,897	6,304	7,897
Loans collectively evaluated for impairment	1,671,749	1,461,011	1,671,749	1,461,011
Total loans receivable	1,678,053	1,468,908	1,678,053	1,468,908	$ 1,574,227
Unallocated Financing Receivables [Member]
ALLOWANCE FOR LOAN LOSSES
Beginning balance	1,276	1,186	691	3
Provision (recapture) for loan losses	(1,047)	(954)	(462)	229
Ending balance	229	232	229	232
Period End Amount Allocated to
Loans collectively evaluated for impairment	229	232	229	232
Ending balance	229	232	229	232
REAL ESTATE LOANS
ALLOWANCE FOR LOAN LOSSES
Beginning balance	13,615	7,243	13,846	6,206
Provision (recapture) for loan losses	693	4,669	462	5,688
Recoveries				18
Net (charge-offs) recoveries				18
Ending balance	14,308	11,912	14,308	11,912
Period End Amount Allocated to
Loans individually evaluated for impairment		15		15
Loans collectively evaluated for impairment	14,308	11,897	14,308	11,897
Ending balance	14,308	11,912	14,308	11,912
LOANS RECEIVABLE
Loans individually evaluated for impairment	1,049	2,889	1,049	2,889
Loans collectively evaluated for impairment	982,805	865,036	982,805	865,036
Total loans receivable	983,854	867,925	983,854	867,925	925,481
CONSUMER LOANS
ALLOWANCE FOR LOAN LOSSES
Beginning balance	6,815	4,199	6,696	3,766
Provision (recapture) for loan losses	349	1,055	727	1,715
Charge-offs	(349)	(303)	(852)	(673)
Recoveries	208	181	452	324
Net (charge-offs) recoveries	(141)	(122)	(400)	(349)
Ending balance	7,023	5,132	7,023	5,132
Period End Amount Allocated to
Loans individually evaluated for impairment	269	259	269	259
Loans collectively evaluated for impairment	6,754	4,873	6,754	4,873
Ending balance	7,023	5,132	7,023	5,132
LOANS RECEIVABLE
Loans individually evaluated for impairment	768	746	768	746
Loans collectively evaluated for impairment	397,072	344,575	397,072	344,575
Total loans receivable	397,840	345,321	397,840	345,321	375,178
COMMERCIAL BUSINESS LOANS
ALLOWANCE FOR LOAN LOSSES
Beginning balance	5,669	4,244	4,939	3,254
Provision (recapture) for loan losses	5	(121)	773	703
Charge-offs			(38)	(11)
Recoveries		125		302
Net (charge-offs) recoveries		125	(38)	291
Ending balance	5,674	4,248	5,674	4,248
Period End Amount Allocated to
Loans individually evaluated for impairment	988	639	988	639
Loans collectively evaluated for impairment	4,686	3,609	4,686	3,609
Ending balance	5,674	4,248	5,674	4,248
LOANS RECEIVABLE
Loans individually evaluated for impairment	4,487	4,262	4,487	4,262
Loans collectively evaluated for impairment	291,872	251,400	291,872	251,400
Total loans receivable	$ 296,359	$ 255,662	$ 296,359	$ 255,662	$ 273,568

Loans Receivable and Allowanc_6

Loans Receivable and Allowance For Loan Losses - Aging Analysis of Past Due Loans) (Details)	3 Months Ended		6 Months Ended
	Jun. 30, 2021USD ($)loan	Jun. 30, 2020USD ($)loan	Jun. 30, 2021USD ($)loan	Jun. 30, 2020USD ($)loan	Dec. 31, 2020USD ($)loan
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 2,310,000		$ 2,310,000		$ 6,403,000
Current	1,675,743,000		1,675,743,000		1,567,824,000
Total loans receivable	$ 1,678,053,000	$ 1,468,908,000	$ 1,678,053,000	$ 1,468,908,000	$ 1,574,227,000
Number of TDR loans	0		0		0
Number of TDRs which incurred payment default \| loan	0	0	0	0
REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 1,261,000		$ 1,261,000		$ 3,638,000
Current	982,593,000		982,593,000		921,843,000
Total loans receivable	983,854,000	$ 867,925,000	983,854,000	$ 867,925,000	925,481,000
CONSUMER LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	1,049,000		1,049,000		1,561,000
Current	396,791,000		396,791,000		373,617,000
Total loans receivable	397,840,000	345,321,000	397,840,000	345,321,000	375,178,000
COMMERCIAL BUSINESS LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		1,204,000
Current	296,359,000		296,359,000		272,364,000
Total loans receivable	296,359,000	$ 255,662,000	296,359,000	$ 255,662,000	273,568,000
Commercial Real Estate \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		0
Current	231,196,000		231,196,000		222,719,000
Total loans receivable	231,196,000		231,196,000		222,719,000
Construction and development \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		1,850,000
Current	242,715,000		242,715,000		215,125,000
Total loans receivable	242,715,000		242,715,000		216,975,000
Home equity. \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	564,000		564,000		483,000
Current	40,154,000		40,154,000		42,610,000
Total loans receivable	40,718,000		40,718,000		43,093,000
One-to-four-family \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	697,000		697,000		1,305,000
Current	334,700,000		334,700,000		309,788,000
Total loans receivable	335,397,000		335,397,000		311,093,000
Multi-family \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		0
Current	133,828,000		133,828,000		131,601,000
Total loans receivable	133,828,000		133,828,000		131,601,000
Indirect home improvement \| CONSUMER LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	951,000		951,000		1,339,000
Current	307,496,000		307,496,000		284,681,000
Total loans receivable	308,447,000		308,447,000		286,020,000
Marine \| CONSUMER LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	53,000		53,000		127,000
Current	86,163,000		86,163,000		85,613,000
Total loans receivable	86,216,000		86,216,000		85,740,000
Other consumer loans \| CONSUMER LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	45,000		45,000		95,000
Current	3,132,000		3,132,000		3,323,000
Total loans receivable	3,177,000		3,177,000		3,418,000
Commercial and industrial \| COMMERCIAL BUSINESS LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		1,204,000
Current	242,287,000		242,287,000		223,272,000
Total loans receivable	242,287,000		242,287,000		224,476,000
Warehouse lending \| COMMERCIAL BUSINESS LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		0
Current	54,072,000		54,072,000		49,092,000
Total loans receivable	54,072,000		54,072,000		49,092,000
30-59 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	489,000		489,000		3,150,000
30-59 Days Past Due \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	85,000		85,000		2,366,000
30-59 Days Past Due \| CONSUMER LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	404,000		404,000		784,000
30-59 Days Past Due \| COMMERCIAL BUSINESS LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		0
30-59 Days Past Due \| Commercial Real Estate \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		0
30-59 Days Past Due \| Construction and development \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		1,850,000
30-59 Days Past Due \| Home equity. \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	85,000		85,000		127,000
30-59 Days Past Due \| One-to-four-family \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		389,000
30-59 Days Past Due \| Multi-family \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		0
30-59 Days Past Due \| Indirect home improvement \| CONSUMER LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	389,000		389,000		683,000
30-59 Days Past Due \| Marine \| CONSUMER LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		28,000
30-59 Days Past Due \| Other consumer loans \| CONSUMER LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	15,000		15,000		73,000
30-59 Days Past Due \| Commercial and industrial \| COMMERCIAL BUSINESS LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		0
30-59 Days Past Due \| Warehouse lending \| COMMERCIAL BUSINESS LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		0
60-89 Days Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	401,000		401,000		2,175,000
60-89 Days Past Due \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	126,000		126,000		541,000
60-89 Days Past Due \| CONSUMER LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	275,000		275,000		430,000
60-89 Days Past Due \| COMMERCIAL BUSINESS LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		1,204,000
60-89 Days Past Due \| Commercial Real Estate \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		0
60-89 Days Past Due \| Construction and development \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		0
60-89 Days Past Due \| Home equity. \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		137,000
60-89 Days Past Due \| One-to-four-family \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	126,000		126,000		404,000
60-89 Days Past Due \| Multi-family \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		0
60-89 Days Past Due \| Indirect home improvement \| CONSUMER LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	269,000		269,000		331,000
60-89 Days Past Due \| Marine \| CONSUMER LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	3,000		3,000		77,000
60-89 Days Past Due \| Other consumer loans \| CONSUMER LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	3,000		3,000		22,000
60-89 Days Past Due \| Commercial and industrial \| COMMERCIAL BUSINESS LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		1,204,000
60-89 Days Past Due \| Warehouse lending \| COMMERCIAL BUSINESS LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		0
90 Days or More Past Due
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 1,420,000		$ 1,420,000		$ 1,078,000
Number Of Loans Accruing Interest \| loan	0		0		0
90 Days or More Past Due \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	$ 1,050,000		$ 1,050,000		$ 731,000
90 Days or More Past Due \| CONSUMER LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	370,000		370,000		347,000
90 Days or More Past Due \| COMMERCIAL BUSINESS LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		0
90 Days or More Past Due \| Commercial Real Estate \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		0
90 Days or More Past Due \| Construction and development \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		0
90 Days or More Past Due \| Home equity. \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	479,000		479,000		219,000
90 Days or More Past Due \| One-to-four-family \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	571,000		571,000		512,000
90 Days or More Past Due \| Multi-family \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		0
90 Days or More Past Due \| Indirect home improvement \| CONSUMER LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	293,000		293,000		325,000
90 Days or More Past Due \| Marine \| CONSUMER LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	50,000		50,000		22,000
90 Days or More Past Due \| Other consumer loans \| CONSUMER LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	27,000		27,000		0
90 Days or More Past Due \| Commercial and industrial \| COMMERCIAL BUSINESS LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		0
90 Days or More Past Due \| Warehouse lending \| COMMERCIAL BUSINESS LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Total Past Due	0		0		0
Non-Accrual
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Accrual	6,304,000		6,304,000		7,761,000
Non-Accrual \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Accrual	1,050,000		1,050,000		1,280,000
Non-Accrual \| CONSUMER LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Accrual	767,000		767,000		871,000
Non-Accrual \| COMMERCIAL BUSINESS LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Accrual	4,487,000		4,487,000		5,610,000
Non-Accrual \| Commercial Real Estate \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Accrual	0		0		0
Non-Accrual \| Construction and development \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Accrual	0		0		0
Non-Accrual \| Home equity. \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Accrual	479,000		479,000		636,000
Non-Accrual \| One-to-four-family \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Accrual	571,000		571,000		644,000
Non-Accrual \| Multi-family \| REAL ESTATE LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Accrual	0		0		0
Non-Accrual \| Indirect home improvement \| CONSUMER LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Accrual	605,000		605,000		826,000
Non-Accrual \| Marine \| CONSUMER LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Accrual	135,000		135,000		44,000
Non-Accrual \| Other consumer loans \| CONSUMER LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Accrual	27,000		27,000		1,000
Non-Accrual \| Commercial and industrial \| COMMERCIAL BUSINESS LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Accrual	4,487,000		4,487,000		5,610,000
Non-Accrual \| Warehouse lending \| COMMERCIAL BUSINESS LOANS
Financing Receivable, Recorded Investment, Past Due [Line Items]
Non-Accrual	$ 0		0		$ 0
Covid 19 \| Commercial Real Estate
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans restructured or modified			24,400,000
Covid 19 \| CONSUMER LOANS.
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans restructured or modified			147,000
Covid 19 \| COMMERCIAL BUSINESS LOANS.
Financing Receivable, Recorded Investment, Past Due [Line Items]
Loans restructured or modified			9,300,000
Amount of loans current and non accruing and not classified as TDRs			$ 4,500,000

Loans Receivable and Allowanc_7

Loans Receivable and Allowance For Loan Losses - Financing Receivables, Related Allowance Recorded and No Related Allowance Recorded (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, with an allowance recorded	$ 5,255	$ 5,339
Impaired Financing Receivable, Unpaid Principal Balance, Total	6,420	7,874
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investment, with an allowance recorded	5,255	5,338
Recorded Investment	6,304	7,761
Impaired Financing Receivable Related Allowance Abstract
Related Allowance, with an allowance recorded	1,257	1,310
Related Allowance	1,257	1,310
One-to-four-family
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, with an allowance recorded		61
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investment, with an allowance recorded		60
Impaired Financing Receivable Related Allowance Abstract
Related Allowance, with an allowance recorded		15
REAL ESTATE LOANS
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, with no related allowance recorded	1,165	2,535
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investment, with no related allowance recorded	1,049	2,423
Impaired Financing Receivable Related Allowance Abstract
Related Allowance, with no related allowance recorded	0	0
REAL ESTATE LOANS \| Home equity.
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, with no related allowance recorded	534	687
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investment, with no related allowance recorded	479	636
Impaired Financing Receivable Related Allowance Abstract
Related Allowance, with no related allowance recorded	0	0
REAL ESTATE LOANS \| One-to-four-family
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, with no related allowance recorded	631	645
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investment, with no related allowance recorded	570	584
Impaired Financing Receivable Related Allowance Abstract
Related Allowance, with no related allowance recorded	0	0
REAL ESTATE LOANS \| Other consumer loans
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, with no related allowance recorded		1,203
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investment, with no related allowance recorded		1,203
Impaired Financing Receivable Related Allowance Abstract
Related Allowance, with no related allowance recorded		0
CONSUMER LOANS \| Indirect home improvement
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, with an allowance recorded	606	826
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investment, with an allowance recorded	606	826
Impaired Financing Receivable Related Allowance Abstract
Related Allowance, with an allowance recorded	212	289
CONSUMER LOANS \| Marine
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, with an allowance recorded	135	44
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investment, with an allowance recorded	135	44
Impaired Financing Receivable Related Allowance Abstract
Related Allowance, with an allowance recorded	48	15
CONSUMER LOANS \| Other consumer loans
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, with an allowance recorded	27	1
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investment, with an allowance recorded	27	1
Impaired Financing Receivable Related Allowance Abstract
Related Allowance, with an allowance recorded	9	1
COMMERCIAL BUSINESS LOANS \| Commercial and industrial
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, with an allowance recorded	4,487	4,407
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investment, with an allowance recorded	4,487	4,407
Impaired Financing Receivable Related Allowance Abstract
Related Allowance, with an allowance recorded	$ 988	$ 990

Loans Receivable and Allowanc_8

Loans Receivable and Allowance For Loan Losses - Average Recorded Investment (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Recorded Investment, with no related allowance recorded	$ 2,384	$ 2,630	$ 2,714	$ 2,585
Average Recorded Investment, with an allowance recorded	5,299	2,167	5,930	1,408
Impaired Financing Receivable, Average Recorded Investment	7,683	4,797	8,644	3,993
Impaired Financing Receivable, Interest Income [Abstract]
Interest Income Recognized, with no related allowance recorded	11	32	15	45
Interest Income Recognized, with an allowance recorded	116	174	131	187
Interest Income Recognized	127	206	146	232
REAL ESTATE LOANS \| Commercial Real Estate
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Recorded Investment, with no related allowance recorded	0	1,090		1,087
Impaired Financing Receivable, Interest Income [Abstract]
Interest Income Recognized, with no related allowance recorded	0	19		27
REAL ESTATE LOANS \| Construction and development
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Recorded Investment, with no related allowance recorded			1,541
Average Recorded Investment, with an allowance recorded	1,233	0
Impaired Financing Receivable, Interest Income [Abstract]
Interest Income Recognized, with no related allowance recorded	0	0
REAL ESTATE LOANS \| Home equity.
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Recorded Investment, with no related allowance recorded	506	412	579	316
Impaired Financing Receivable, Interest Income [Abstract]
Interest Income Recognized, with no related allowance recorded	7	11	9	11
REAL ESTATE LOANS \| One-to-four-family
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Recorded Investment, with no related allowance recorded	645	1,124	594	1,177
Average Recorded Investment, with an allowance recorded	20	60	40	60
Impaired Financing Receivable, Interest Income [Abstract]
Interest Income Recognized, with no related allowance recorded	4	2	6	7
Interest Income Recognized, with an allowance recorded	0	0
CONSUMER LOANS \| Indirect home improvement
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Recorded Investment, with an allowance recorded	671	601	728	574
Impaired Financing Receivable, Interest Income [Abstract]
Interest Income Recognized, with an allowance recorded	8	11	22	24
CONSUMER LOANS \| Marine
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Recorded Investment, with an allowance recorded	102	85	69	63
Impaired Financing Receivable, Interest Income [Abstract]
Interest Income Recognized, with an allowance recorded	2	1	3	1
CONSUMER LOANS \| Other consumer loans
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Recorded Investment, with no related allowance recorded	0	4		5
Average Recorded Investment, with an allowance recorded	19	0	11	1
Impaired Financing Receivable, Interest Income [Abstract]
Interest Income Recognized, with no related allowance recorded	0	0
Interest Income Recognized, with an allowance recorded	1	0	1
COMMERCIAL BUSINESS LOANS \| Commercial and industrial
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Recorded Investment, with an allowance recorded	4,487	1,421	5,082	710
Impaired Financing Receivable, Interest Income [Abstract]
Interest Income Recognized, with no related allowance recorded				$ 162
Interest Income Recognized, with an allowance recorded	$ 105	$ 162	$ 105

Loans Receivable and Allowanc_9

Loans Receivable and Allowance For Loan Losses - Loans by Credit Quality Indicator (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020	Jun. 30, 2020
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 1,678,053	$ 1,574,227	$ 1,468,908
Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,588,865	1,461,600
Watch
Financing Receivable, Recorded Investment [Line Items]
Total loans	63,452	87,858
Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total loans	3,461	7,122
Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	22,275	17,647
Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
Loss
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
REAL ESTATE LOANS
Financing Receivable, Recorded Investment [Line Items]
Total loans	983,854	925,481	867,925
REAL ESTATE LOANS \| Commercial Real Estate
Financing Receivable, Recorded Investment [Line Items]
Total loans	231,196	222,719
REAL ESTATE LOANS \| Construction and development
Financing Receivable, Recorded Investment [Line Items]
Total loans	242,715	216,975
REAL ESTATE LOANS \| Home equity.
Financing Receivable, Recorded Investment [Line Items]
Total loans	40,718	43,093
REAL ESTATE LOANS \| One-to-four-family
Financing Receivable, Recorded Investment [Line Items]
Total loans	335,397	311,093
REAL ESTATE LOANS \| Multi-family
Financing Receivable, Recorded Investment [Line Items]
Total loans	133,828	131,601
REAL ESTATE LOANS \| Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	923,990	847,809
REAL ESTATE LOANS \| Pass \| Commercial Real Estate
Financing Receivable, Recorded Investment [Line Items]
Total loans	179,002	157,932
REAL ESTATE LOANS \| Pass \| Construction and development
Financing Receivable, Recorded Investment [Line Items]
Total loans	242,715	212,209
REAL ESTATE LOANS \| Pass \| Home equity.
Financing Receivable, Recorded Investment [Line Items]
Total loans	40,239	42,457
REAL ESTATE LOANS \| Pass \| One-to-four-family
Financing Receivable, Recorded Investment [Line Items]
Total loans	328,206	303,610
REAL ESTATE LOANS \| Pass \| Multi-family
Financing Receivable, Recorded Investment [Line Items]
Total loans	133,828	131,601
REAL ESTATE LOANS \| Watch
Financing Receivable, Recorded Investment [Line Items]
Total loans	49,795	63,913
REAL ESTATE LOANS \| Watch \| Commercial Real Estate
Financing Receivable, Recorded Investment [Line Items]
Total loans	49,795	60,834
REAL ESTATE LOANS \| Watch \| Construction and development
Financing Receivable, Recorded Investment [Line Items]
Total loans		2,917
REAL ESTATE LOANS \| Watch \| Home equity.
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
REAL ESTATE LOANS \| Watch \| One-to-four-family
Financing Receivable, Recorded Investment [Line Items]
Total loans		162
REAL ESTATE LOANS \| Watch \| Multi-family
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
REAL ESTATE LOANS \| Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,656	5,049
REAL ESTATE LOANS \| Special Mention \| Commercial Real Estate
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,471	3,013
REAL ESTATE LOANS \| Special Mention \| Construction and development
Financing Receivable, Recorded Investment [Line Items]
Total loans		1,849
REAL ESTATE LOANS \| Special Mention \| Home equity.
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
REAL ESTATE LOANS \| Special Mention \| One-to-four-family
Financing Receivable, Recorded Investment [Line Items]
Total loans	185	187
REAL ESTATE LOANS \| Special Mention \| Multi-family
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
REAL ESTATE LOANS \| Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	8,413	8,710
REAL ESTATE LOANS \| Substandard \| Commercial Real Estate
Financing Receivable, Recorded Investment [Line Items]
Total loans	928	940
REAL ESTATE LOANS \| Substandard \| Construction and development
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
REAL ESTATE LOANS \| Substandard \| Home equity.
Financing Receivable, Recorded Investment [Line Items]
Total loans	479	636
REAL ESTATE LOANS \| Substandard \| One-to-four-family
Financing Receivable, Recorded Investment [Line Items]
Total loans	7,006	7,134
REAL ESTATE LOANS \| Substandard \| Multi-family
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
REAL ESTATE LOANS \| Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
REAL ESTATE LOANS \| Doubtful \| Commercial Real Estate
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
REAL ESTATE LOANS \| Doubtful \| Construction and development
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
REAL ESTATE LOANS \| Doubtful \| Home equity.
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
REAL ESTATE LOANS \| Doubtful \| One-to-four-family
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
REAL ESTATE LOANS \| Doubtful \| Multi-family
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
REAL ESTATE LOANS \| Loss
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
REAL ESTATE LOANS \| Loss \| Commercial Real Estate
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
REAL ESTATE LOANS \| Loss \| Construction and development
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
REAL ESTATE LOANS \| Loss \| Home equity.
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
REAL ESTATE LOANS \| Loss \| One-to-four-family
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
REAL ESTATE LOANS \| Loss \| Multi-family
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
CONSUMER LOANS
Financing Receivable, Recorded Investment [Line Items]
Total loans	397,840	375,178	345,321
CONSUMER LOANS \| Indirect home improvement
Financing Receivable, Recorded Investment [Line Items]
Total loans	308,447	286,020
CONSUMER LOANS \| Marine
Financing Receivable, Recorded Investment [Line Items]
Total loans	86,216	85,740
CONSUMER LOANS \| Other consumer loans
Financing Receivable, Recorded Investment [Line Items]
Total loans	3,177	3,418
CONSUMER LOANS \| Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	397,072	374,307
CONSUMER LOANS \| Pass \| Indirect home improvement
Financing Receivable, Recorded Investment [Line Items]
Total loans	307,841	285,194
CONSUMER LOANS \| Pass \| Marine
Financing Receivable, Recorded Investment [Line Items]
Total loans	86,081	85,696
CONSUMER LOANS \| Pass \| Other consumer loans
Financing Receivable, Recorded Investment [Line Items]
Total loans	3,150	3,417
CONSUMER LOANS \| Watch
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
CONSUMER LOANS \| Watch \| Indirect home improvement
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
CONSUMER LOANS \| Watch \| Marine
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
CONSUMER LOANS \| Watch \| Other consumer loans
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
CONSUMER LOANS \| Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
CONSUMER LOANS \| Special Mention \| Indirect home improvement
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
CONSUMER LOANS \| Special Mention \| Marine
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
CONSUMER LOANS \| Special Mention \| Other consumer loans
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
CONSUMER LOANS \| Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	768	871
CONSUMER LOANS \| Substandard \| Indirect home improvement
Financing Receivable, Recorded Investment [Line Items]
Total loans	606	826
CONSUMER LOANS \| Substandard \| Marine
Financing Receivable, Recorded Investment [Line Items]
Total loans	135	44
CONSUMER LOANS \| Substandard \| Other consumer loans
Financing Receivable, Recorded Investment [Line Items]
Total loans	27	1
CONSUMER LOANS \| Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
CONSUMER LOANS \| Doubtful \| Indirect home improvement
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
CONSUMER LOANS \| Doubtful \| Marine
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
CONSUMER LOANS \| Doubtful \| Other consumer loans
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
CONSUMER LOANS \| Loss
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
CONSUMER LOANS \| Loss \| Indirect home improvement
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
CONSUMER LOANS \| Loss \| Marine
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
CONSUMER LOANS \| Loss \| Other consumer loans
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
COMMERCIAL BUSINESS LOANS
Financing Receivable, Recorded Investment [Line Items]
Total loans	296,359	273,568	$ 255,662
COMMERCIAL BUSINESS LOANS \| Commercial and industrial
Financing Receivable, Recorded Investment [Line Items]
Total loans	242,287	224,476
COMMERCIAL BUSINESS LOANS \| Warehouse lending
Financing Receivable, Recorded Investment [Line Items]
Total loans	54,072	49,092
COMMERCIAL BUSINESS LOANS \| Pass
Financing Receivable, Recorded Investment [Line Items]
Total loans	267,803	239,484
COMMERCIAL BUSINESS LOANS \| Pass \| Commercial and industrial
Financing Receivable, Recorded Investment [Line Items]
Total loans	213,731	190,392
COMMERCIAL BUSINESS LOANS \| Pass \| Warehouse lending
Financing Receivable, Recorded Investment [Line Items]
Total loans	54,072	49,092
COMMERCIAL BUSINESS LOANS \| Watch
Financing Receivable, Recorded Investment [Line Items]
Total loans	13,657	23,945
COMMERCIAL BUSINESS LOANS \| Watch \| Commercial and industrial
Financing Receivable, Recorded Investment [Line Items]
Total loans	13,657	23,945
COMMERCIAL BUSINESS LOANS \| Watch \| Warehouse lending
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
COMMERCIAL BUSINESS LOANS \| Special Mention
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,805	2,073
COMMERCIAL BUSINESS LOANS \| Special Mention \| Commercial and industrial
Financing Receivable, Recorded Investment [Line Items]
Total loans	1,805	2,073
COMMERCIAL BUSINESS LOANS \| Special Mention \| Warehouse lending
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
COMMERCIAL BUSINESS LOANS \| Substandard
Financing Receivable, Recorded Investment [Line Items]
Total loans	13,094	8,066
COMMERCIAL BUSINESS LOANS \| Substandard \| Commercial and industrial
Financing Receivable, Recorded Investment [Line Items]
Total loans	$ 13,094	8,066
COMMERCIAL BUSINESS LOANS \| Substandard \| Warehouse lending
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
COMMERCIAL BUSINESS LOANS \| Doubtful
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
COMMERCIAL BUSINESS LOANS \| Doubtful \| Commercial and industrial
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
COMMERCIAL BUSINESS LOANS \| Doubtful \| Warehouse lending
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
COMMERCIAL BUSINESS LOANS \| Loss
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
COMMERCIAL BUSINESS LOANS \| Loss \| Commercial and industrial
Financing Receivable, Recorded Investment [Line Items]
Total loans		0
COMMERCIAL BUSINESS LOANS \| Loss \| Warehouse lending
Financing Receivable, Recorded Investment [Line Items]
Total loans		$ 0

Servicing Rights - Narrative (D

Servicing Rights - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Off-balance Sheet Risks, Disclosure Information [Line Items]
Contractually specified servicing fees, late fees, and other ancillary fees	$ 1.6	$ 1	$ 3	$ 2
Mortgage servicing rights
Off-balance Sheet Risks, Disclosure Information [Line Items]
The unpaid principal balances of mortgage loans serviced	2,470		2,470		$ 2,170
Fair market value of servicing rights' assets	$ 23.6		$ 23.6		$ 12.8

Servicing Rights - Servicing Ri

Servicing Rights - Servicing Rights (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Servicing Asset at Fair Value, Amount [Roll Forward]
Beginning balance, at the lower of cost or fair value	$ 15,735	$ 10,626
Additions	2,456	3,216
Servicing rights amortized	(1,831)	(2,367)
Recovery (impairment) of servicing rights	(4)	(803)
Ending balance, at the lower of cost or fair value	16,356	10,672	$ 16,356	$ 10,672
Mortgage servicing rights
Servicing Asset at Fair Value, Amount [Roll Forward]
Beginning balance, at the lower of cost or fair value			12,595	11,560
Additions			5,600	4,401
Servicing rights amortized			(3,885)	(3,972)
Recovery (impairment) of servicing rights			2,046	(1,317)
Ending balance, at the lower of cost or fair value	$ 16,356	$ 10,672	$ 16,356	$ 10,672

Servicing Rights - Valuation As

Servicing Rights - Valuation Assumptions (Details) - Mortgage servicing rights	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Off-balance Sheet Risks, Disclosure Information [Line Items]
Weighted average discount rate	9.10%	9.10%
Conditional prepayment rate ("CPR")	15.90%	32.60%
Weighted average life in years	5 years 7 months 6 days	3 years

Servicing Rights - Changes in V

Servicing Rights - Changes in Valuation Assumptions (Details) - USD ($) $ in Thousands	6 Months Ended	12 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Off-balance Sheet Risks, Disclosure Information [Line Items]
Basis Points Drop in Note Rate, Assumption One	0.50%	0.50%
Basis Points Drop in Note Rate, Assumption Two	1.00%	1.00%
Mortgage servicing rights
Off-balance Sheet Risks, Disclosure Information [Line Items]
Aggregate portfolio principal balance	$ 2,474,223	$ 2,133,473
Weighted average rate of note	3.30%	3.50%
Conditional prepayment rate	15.90%	32.60%
Conditional prepayment rate, 0.5% Adverse Change	23.90%	40.60%
Conditional prepayment rate, 1.0% Adverse Change	37.00%	59.60%
Fair value MSR	$ 23,551	$ 12,833
Fair value MSR, 0.5% Adverse Change	18,575	10,922
Fair value of MSR, 1.0% Adverse Change	$ 13,343	$ 8,286
Percentage of MSR	1.00%	0.60%
Percentage of MSR, 0.5% Adverse Change	0.80%	0.50%
Percentage of MSR, 1.0% Adverse Change	0.50%	0.40%
Discount rate	9.10%	9.10%
Discount rate, 0.5% Adverse Change	9.60%	9.60%
Discount rate, 1.0% Adverse Change	10.10%	10.10%
Fair value MSR, 0.5% Adverse Change	$ 23,126	$ 12,696
Fair value MSR, 1.0% Adverse Change	$ 22,717	$ 12,562
Percentage of MSR, 0.5% Adverse Change	0.90%	0.60%
Percentage of MSR, 1.0% Adverse Change	0.90%	0.60%

Derivatives (Details)

Derivatives (Details)	3 Months Ended		6 Months Ended		12 Months Ended
Derivatives (Details)	Jun. 30, 2021USD ($)security	Jun. 30, 2020USD ($)	Jun. 30, 2021USD ($)security	Jun. 30, 2020USD ($)	Dec. 31, 2020USD ($)
Derivative [Line Items]
Net unrealized loss on cash flow hedges recorded in accumulated other comprehensive income				$ (96,000)	$ (967,000)
Reclassification of loss to interest expense related to cash flow hedges	$ (124,000)	$ 15,000	$ (238,000)	14,000
Reclassification to interest expense related to cash flow hedges over next 12 months	(521,000)		(521,000)
Derivative instruments, (loss) gain on sale of loans	$ (3,000,000)	$ 4,300,000	$ (3,900,000)	$ 6,000,000
Cash Flow Hedges \| Asset pledged as collateral
Derivative [Line Items]
Number of securities pledged \| security	2		2
Carrying value of assets pledged	$ 3,200,000		$ 3,200,000
Not Designated as Hedging Instrument \| Mortgage-backed securities
Derivative [Line Items]
Margin collateral	$ 746,000		$ 746,000		$ 3,300,000

Derivatives - Derivative instru

Derivatives - Derivative instruments (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Designated as Hedging Instrument \| Interest rate swaps \| Cash Flow Hedges
Derivative [Line Items]
Notional	$ 90,000	$ 90,000
Fair Value, Asset	523	21
Fair Value, Liability	645	1,252
Not Designated as Hedging Instrument \| Interest rate lock commitments with customers
Derivative [Line Items]
Notional	110,858	136,739
Fair Value, Asset	2,106	4,024
Fair Value, Liability	0	0
Not Designated as Hedging Instrument \| Mandatory and best effort forward commitments with investors
Derivative [Line Items]
Notional	63,107	25,027
Fair Value, Asset	0	0
Fair Value, Liability	553	67
Not Designated as Hedging Instrument \| Mortgage-backed securities
Derivative [Line Items]
Notional	164,000	232,000
Not Designated as Hedging Instrument \| Forward TBA mortgage-backed securities
Derivative [Line Items]
Notional	164,000	232,000
Fair Value, Asset	0	0
Fair Value, Liability	$ 169	$ 1,602

Leases (Details)

Leases (Details)	6 Months Ended
Leases (Details)	Jun. 30, 2021
Lessee, Lease, Description [Line Items]
Options to extend	true
Renewal term	5 years
Minimum
Lessee, Lease, Description [Line Items]
Remaining lease terms	6 months
Maximum
Lessee, Lease, Description [Line Items]
Remaining lease terms	9 years

Leases - Components of lease co

Leases - Components of lease cost (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Lease cost:
Operating lease cost	$ 360	$ 356	$ 709	$ 699
Short-term lease cost	1	1	2	9
Total lease cost	361	357	711	708
Operating cash flows from operating leases	$ 353	$ 348	$ 702	$ 684
Weighted average remaining lease term- operating leases	5 years 1 month 6 days	5 years 1 month 6 days	5 years 1 month 6 days	5 years 1 month 6 days
Weighted average discount rate- operating leases	2.21%	2.66%	2.21%	2.66%

Leases - Maturities of operatin

Leases - Maturities of operating lease liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Maturities of operating lease liabilities
Remainder of 2021	$ 703
2022	1,440
2023	1,069
2024	1,000
2025	650
Thereafter	1,059
Total lease payments	5,921
Less imputed interest	(520)
Operating lease liabilities	$ 5,401	$ 5,176

Other Real Estate Owned ("ORE_3

Other Real Estate Owned ("OREO")- Activity related to OREO (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Other Real Estate [Roll Forward]
Beginning balance	$ 0	$ 90	$ 90	$ 168
Additions
Gross proceeds from sale of OREO			(81)	(76)
Loss on sale of OREO			(9)	(2)
Ending balance	$ 0	$ 90	$ 0	$ 90

Other Real Estate Owned ("ORE_4

Other Real Estate Owned ("OREO")- Narrative (Details)	3 Months Ended		6 Months Ended
Other Real Estate Owned ("OREO")- Narrative (Details)	Jun. 30, 2021USD ($)property	Jun. 30, 2020USD ($)property	Jun. 30, 2021USD ($)property	Jun. 30, 2020USD ($)property
Banking and Thrift [Abstract]
OREO properties		$ 90,000		$ 90,000
Number of OREO Properties \| property	0	1	0	1
Holding costs	$ 0	$ 2,000	$ 0	$ 2,000
Mortgage loans in process of foreclosure	$ 286,000		$ 286,000

Deposits - Deposit Liabilities

Deposits - Deposit Liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Banking and Thrift [Abstract]
Noninterest-bearing checking	$ 415,748	$ 348,421
Interest-bearing checking	257,206	226,282
Savings	181,505	152,842
Money market	483,935	429,548
Certificates of deposit less than $100,000	299,250	299,157
Certificates of deposit of $100,000 through $250,000	138,559	135,901
Certificates of deposit of $250,000 and over	65,938	67,488
Escrow accounts related to mortgages serviced	16,469	14,432
Total deposits	$ 1,858,610	$ 1,674,071

Deposits - Maturities of Time D

Deposits - Maturities of Time Deposits for Future Periods (Details) $ in Thousands	Jun. 30, 2021USD ($)
Banking and Thrift [Abstract]
Maturing in 2021	$ 232,248
Maturing in 2022	149,703
Maturing in 2023	32,257
Maturing in 2024	24,198
Maturing in 2025	58,912
Thereafter	6,429
Total	$ 503,747

Deposits - Interest Expense by

Deposits - Interest Expense by Deposit Category (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Banking and Thrift [Abstract]
Interest-bearing checking	$ 48	$ 77	$ 98	$ 212
Savings and money market	416	642	884	1,469
Certificates of deposit	1,406	2,507	2,870	5,352
Total	$ 1,870	$ 3,226	$ 3,852	$ 7,033

Commitments and Contingencies -

Commitments and Contingencies - Commitment (Details) - Commitments to Extend Credit - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	$ 574,305	$ 528,231
REAL ESTATE LOANS.
Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	383,310	345,786
Commercial Real Estate
Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	2,438	1,293
Construction and development
Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	171,557	143,666
One-to-four-family
Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	149,406	147,712
Home equity.
Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	56,648	52,457
Multi-family
Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	3,261	658
CONSUMER LOANS.
Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	34,914	23,365
COMMERCIAL BUSINESS LOANS.
Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	156,081	159,080
Commercial and industrial
Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	109,653	106,171
Warehouse lending
Off-balance Sheet Risks, Disclosure Information [Line Items]
Commitments	$ 46,428	$ 52,909

Commitments and Contingencies_2

Commitments and Contingencies - Narrative (Details)	6 Months Ended
Commitments and Contingencies - Narrative (Details)	Jun. 30, 2021USD ($)action	Dec. 31, 2020USD ($)
Loss Contingencies [Line Items]
Amount of loans sold to FHLB	$ 18,800,000
Federal Home Loan Bank, First Loss Account Established	938,000
Bank recourse obligation	$ 811,000
Bank recourse obligation, percentage of loans outstanding	4.30%
Reserve as a percentage of outstanding CE	10.00%
Reserve for loans sold	$ 81,000
Outstanding delinquencies on loans sold to Federal Home Loan Bank	$ 0	$ 498,000
Change of control agreement, executive payment, period following change in control (in months)	12 months
Pending material legal actions \| action	0
CEO
Loss Contingencies [Line Items]
Severance agreement, period of base compensation disbursed as lump sum payment (in months)	24 months
Maximum
Loss Contingencies [Line Items]
Change of control agreement, executive payment, period prior to change in control (in months)	6 months
Change of control agreement, period of base compensation disbursed as lump sum payment (in months)	12 months
Minimum
Loss Contingencies [Line Items]
Change of control agreement, notice required to cancel agreement (in months)	24 months
Commitments to Extend Credit
Loss Contingencies [Line Items]
Reserve for estimated losses	$ 479,000	407,000
Guarantee on loans sold
Loss Contingencies [Line Items]
Reserve for estimated losses	$ 2,400,000	$ 2,000,000

Fair Value Measurements - Avail

Fair Value Measurements - Available for Sale Securities Measured at Fair Value on a Recurring Basis (Details) - Fair Value, Measurements, Recurring - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	$ 356,594	$ 348,511
Total liabilities measured at fair value	(1,367)	(2,921)
Securities available-for-sale. \| U.S. agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	16,827	8,105
Securities available-for-sale. \| Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	11,529	11,000
Securities available-for-sale. \| Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	111,453	71,857
Securities available-for-sale. \| Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	75,999	68,187
Securities available-for-sale. \| U.S. Small Business Administration securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	16,762	18,869
Securities available-for-sale. \| Mortgage loans held for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	121,395	166,448
Derivative \| Interest rate lock commitments with customers
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	2,106	4,024
Derivative \| Interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	523	21
Total liabilities measured at fair value	(645)	(1,252)
Derivative \| Mandatory and best effort forward commitments with investors
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities measured at fair value	(553)	(67)
Derivative \| Forward TBA mortgage backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities measured at fair value	(169)	(1,602)
Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	0	0
Total liabilities measured at fair value	0	0
Level 1 \| Securities available-for-sale. \| U.S. agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	0	0
Level 1 \| Securities available-for-sale. \| Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	0	0
Level 1 \| Securities available-for-sale. \| Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	0	0
Level 1 \| Securities available-for-sale. \| Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	0	0
Level 1 \| Securities available-for-sale. \| U.S. Small Business Administration securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	0	0
Level 1 \| Securities available-for-sale. \| Mortgage loans held for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	0	0
Level 1 \| Derivative \| Interest rate lock commitments with customers
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	0	0
Level 1 \| Derivative \| Interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	0	0
Total liabilities measured at fair value	0	0
Level 1 \| Derivative \| Mandatory and best effort forward commitments with investors
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities measured at fair value	0	0
Level 1 \| Derivative \| Forward TBA mortgage backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities measured at fair value	0	0
Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	353,371	343,376
Total liabilities measured at fair value	(814)	(2,854)
Level 2 \| Securities available-for-sale. \| U.S. agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	16,827	8,105
Level 2 \| Securities available-for-sale. \| Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	10,553	10,016
Level 2 \| Securities available-for-sale. \| Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	111,312	71,730
Level 2 \| Securities available-for-sale. \| Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	75,999	68,187
Level 2 \| Securities available-for-sale. \| U.S. Small Business Administration securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	16,762	18,869
Level 2 \| Securities available-for-sale. \| Mortgage loans held for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	121,395	166,448
Level 2 \| Derivative \| Interest rate lock commitments with customers
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	0	0
Level 2 \| Derivative \| Interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	523	21
Total liabilities measured at fair value	(645)	(1,252)
Level 2 \| Derivative \| Mandatory and best effort forward commitments with investors
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities measured at fair value	0	0
Level 2 \| Derivative \| Forward TBA mortgage backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities measured at fair value	(169)	(1,602)
Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	3,223	5,135
Total liabilities measured at fair value	(553)	(67)
Level 3 \| Securities available-for-sale. \| U.S. agency securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	0	0
Level 3 \| Securities available-for-sale. \| Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	976	984
Level 3 \| Securities available-for-sale. \| Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	141	127
Level 3 \| Securities available-for-sale. \| Mortgage-backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	0	0
Level 3 \| Securities available-for-sale. \| U.S. Small Business Administration securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	0	0
Level 3 \| Securities available-for-sale. \| Mortgage loans held for sale
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	0	0
Level 3 \| Derivative \| Interest rate lock commitments with customers
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	2,106	4,024
Level 3 \| Derivative \| Interest rate swaps
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total assets measured at fair value	0	0
Total liabilities measured at fair value	0	0
Level 3 \| Derivative \| Mandatory and best effort forward commitments with investors
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities measured at fair value	(553)	(67)
Level 3 \| Derivative \| Forward TBA mortgage backed securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Total liabilities measured at fair value	$ 0	$ 0

Fair Value Measurements - Impai

Fair Value Measurements - Impaired Loans and OREO (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Servicing rights, held at the lower of cost or fair value	$ 16,356	$ 12,595
OREO		90
Fair Value, Measurements, Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans	6,304	7,761
OREO		90
Servicing Rights	23,551	12,833
Fair Value, Measurements, Nonrecurring \| Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans	0	0
OREO		0
Servicing Rights	0	0
Fair Value, Measurements, Nonrecurring \| Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans	0	0
OREO		0
Servicing Rights	0	0
Fair Value, Measurements, Nonrecurring \| Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired Loans	6,304	7,761
OREO		90
Servicing Rights	$ 23,551	$ 12,833

Fair Value Measurements - Disco

Fair Value Measurements - Discount Rate (Details)	Jun. 30, 2021item	Dec. 31, 2020item
Fair Value, Measurements, Recurring \| Interest rate lock commitments with customers
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities, Available-for-sale, Measurement Input [Extensible List]	fsbw:MeasurementInputPullThroughExpectationsMember
Debt Securities, Available-for-sale, Valuation Technique [Extensible List]	fsbw:QuotedMarketPricesMember
Fair Value, Measurements, Recurring \| Individual forward commitments with investors
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities, Available-for-sale, Measurement Input [Extensible List]	fsbw:MeasurementInputPullThroughExpectationsMember
Debt Securities, Available-for-sale, Valuation Technique [Extensible List]	fsbw:QuotedMarketPricesMember
Fair Value, Measurements, Recurring \| Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities, Available-for-sale, Measurement Input [Extensible List]	us-gaap:MeasurementInputDiscountRateMember
Debt Securities, Available-for-sale, Valuation Technique [Extensible List]	us-gaap:ValuationTechniqueDiscountedCashFlowMember
Fair Value, Measurements, Recurring \| Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities, Available-for-sale, Measurement Input [Extensible List]	us-gaap:MeasurementInputDiscountRateMember
Debt Securities, Available-for-sale, Valuation Technique [Extensible List]	us-gaap:ValuationTechniqueDiscountedCashFlowMember
Fair Value, Measurements, Nonrecurring \| Impaired Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities, Available-for-sale, Measurement Input [Extensible List]	fsbw:MeasurementInputDiscountAppliedToObtainedAppraisalMember
Debt Securities, Available-for-sale, Valuation Technique [Extensible List]	fsbw:MeasurementInputPullThroughExpectationsMember
Fair Value, Measurements, Nonrecurring \| Other Real Estate Owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities, Available-for-sale, Measurement Input [Extensible List]	fsbw:MeasurementInputDiscountAppliedToObtainedAppraisalMember
Debt Securities, Available-for-sale, Valuation Technique [Extensible List]	fsbw:FairValueOfCollateralMember
Fair Value, Measurements, Nonrecurring \| Servicing rights
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Debt Securities, Available-for-sale, Measurement Input [Extensible List]	fsbw:PrepaymentSpeedsMember
Debt Securities, Available-for-sale, Valuation Technique [Extensible List]	fsbw:IndustrySourcesMember
Level 3 \| Fair Value, Measurements, Recurring \| Interest rate lock commitments with customers \| Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Measurement inputs (as a percent)	0.80	0.80
Level 3 \| Fair Value, Measurements, Recurring \| Interest rate lock commitments with customers \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Measurement inputs (as a percent)	0.99	0.99
Level 3 \| Fair Value, Measurements, Recurring \| Interest rate lock commitments with customers \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Measurement inputs (as a percent)	0.930	0.916
Level 3 \| Fair Value, Measurements, Recurring \| Individual forward commitments with investors \| Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Measurement inputs (as a percent)	0.80	0.80
Level 3 \| Fair Value, Measurements, Recurring \| Individual forward commitments with investors \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Measurement inputs (as a percent)	0.99	0.99
Level 3 \| Fair Value, Measurements, Recurring \| Individual forward commitments with investors \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Measurement inputs (as a percent)	0.930	0.916
Level 3 \| Fair Value, Measurements, Recurring \| Corporate securities
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Measurement inputs (as a percent)	0.025	0.025
Level 3 \| Fair Value, Measurements, Recurring \| Corporate securities \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Measurement inputs (as a percent)	0.025	0.025
Level 3 \| Fair Value, Measurements, Recurring \| Municipal bonds \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Measurement inputs (as a percent)	0.064	0.064
Level 3 \| Fair Value, Measurements, Nonrecurring \| Impaired Loans
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Measurement inputs (as a percent)	0.100	0.100
Level 3 \| Fair Value, Measurements, Nonrecurring \| Impaired Loans \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Measurement inputs (as a percent)	0.100	0.100
Level 3 \| Fair Value, Measurements, Nonrecurring \| Other Real Estate Owned
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Measurement inputs (as a percent)	0.100	0.100
Level 3 \| Fair Value, Measurements, Nonrecurring \| Other Real Estate Owned \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Measurement inputs (as a percent)		0.100
Level 3 \| Fair Value, Measurements, Nonrecurring \| Servicing rights \| Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Measurement inputs (as a percent)	0	0
Level 3 \| Fair Value, Measurements, Nonrecurring \| Servicing rights \| Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Measurement inputs (as a percent)	0.50	0.50
Level 3 \| Fair Value, Measurements, Nonrecurring \| Servicing rights \| Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Measurement inputs (as a percent)	0.159	0.326
Level 3 \| Fair Value, Measurements, Nonrecurring \| Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Measurement inputs (as a percent)	0.064	0.064

Fair Value Measurements - Fair

Fair Value Measurements - Fair Value Level 3 on recurring basis (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Interest rate lock commitments with customers
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	$ 1,985	$ 4,291	$ 4,024	$ 557
Purchases and Issuances	7,169	12,692	14,860	20,103
Sales and Settlements	(7,048)	(12,261)	(16,778)	(15,938)
Ending Balance	2,106	4,722	2,106	4,722
Net change in fair value for gains/(losses) relating to items held at end of period included in income	121	431	(1,918)	4,165
Individual forward commitments with investors
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	506	(181)	(67)	(195)
Purchases and Issuances	(1,200)	(1,089)	(546)	(1,620)
Sales and Settlements	141	1,126	60	1,671
Ending Balance	(553)	(144)	(553)	(144)
Net change in fair value for gains/(losses) relating to items held at end of period included in income	(1,059)	37	(486)	51
Securities available-for-sale.
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation, Calculation [Roll Forward]
Beginning Balance	1,129	1,171	1,111	1,162
Purchases and Issuances		(5)	12	7
Sales and Settlements	(12)	(3)	(6)	(6)
Ending Balance	1,117	1,163	1,117	1,163
Net change in fair value for gains/(losses) relating to items held at end of period included in other comprehensive	$ (9)	$ (5)	$ 12	$ 7

Fair Value Measurements - Fai_2

Fair Value Measurements - Fair Value By Balance Sheet Grouping (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Financial Assets
Certificates of deposit at other financial institutions	$ 11,782	$ 12,278
Securities available-for-sale, at fair value	232,570	178,018
Securities held-to-maturity (fair value of $8,000 and $7,556, respectively)	7,500	7,500
Loans held for sale, at fair value	121,395	166,448
Fair Value, Measurements, Recurring
Financial Liabilities
Financial Liabilities Fair Value Disclosure	1,367	2,921
Level 1 \| Fair Value, Measurements, Recurring
Financial Liabilities
Financial Liabilities Fair Value Disclosure	0	0
Level 2 \| Fair Value, Measurements, Recurring
Financial Liabilities
Financial Liabilities Fair Value Disclosure	814	2,854
Level 3 \| Fair Value, Measurements, Recurring
Financial Liabilities
Financial Liabilities Fair Value Disclosure	553	67
Carrying Amount \| Level 1
Financial Assets
Cash and cash equivalents	86,554	91,576
Certificates of deposit at other financial institutions	11,782	12,278
Carrying Amount \| Level 2
Financial Assets
Securities available-for-sale, at fair value	231,453	176,907
Securities held-to-maturity (fair value of $8,000 and $7,556, respectively)	7,500	7,500
Loans held for sale, at fair value	121,395	166,448
FHLB stock, at cost	5,065	7,439
Interest rate swaps	523	21
Accrued interest receivable	7,323	7,030
Financial Liabilities
Deposits	1,858,610	1,674,071
Borrowings	42,528	165,809
Subordinated note, net	49,361	10,000
Accrued interest payable	792	406
Interest rate swaps	645	1,252
Forward TBA mortgage-backed securities	169	1,602
Carrying Amount \| Level 3
Financial Assets
Securities available-for-sale, at fair value	1,117	1,111
Loans receivable, gross	1,678,053	1,574,227
Servicing rights, held at lower of cost or fair value	16,356	12,595
Fair value interest rate locks with customers	2,106	4,024
Financial Liabilities
Mandatory and best effort forward commitments with investors	553	67
Fair Value \| Level 1
Financial Assets
Cash and cash equivalents	86,554	91,576
Certificates of deposit at other financial institutions	11,782	12,278
Fair Value \| Level 2
Financial Assets
Securities available-for-sale, at fair value	231,453	176,907
Securities held-to-maturity (fair value of $8,000 and $7,556, respectively)	8,000	7,556
Loans held for sale, at fair value	121,395	166,448
FHLB stock, at cost	5,065	7,439
Interest rate swaps	523	21
Accrued interest receivable	7,323	7,030
Financial Liabilities
Deposits	1,855,162	1,674,328
Borrowings	43,834	167,680
Subordinated note, net	50,500	11,083
Accrued interest payable	792	406
Interest rate swaps	645	1,252
Forward TBA mortgage-backed securities	169	1,602
Fair Value \| Level 3
Financial Assets
Securities available-for-sale, at fair value	1,117	1,111
Loans receivable, gross	1,685,326	1,580,360
Servicing rights, held at lower of cost or fair value	23,551	12,833
Fair value interest rate locks with customers	2,106	4,024
Financial Liabilities
Mandatory and best effort forward commitments with investors	$ 553	$ 67

Employee Benefits - Narrative (

Employee Benefits - Narrative (Details)	Jul. 14, 2021	Jan. 01, 2012	Jun. 30, 2021USD ($)shares	Jun. 30, 2020USD ($)shares	Jun. 30, 2021USD ($)shares	Jun. 30, 2020USD ($)shares	Dec. 31, 2012USD ($)$ / sharesshares	Dec. 31, 2020USD ($)
Compensation and Retirement Disclosure [Abstract]
Number of hours of service required for participation in ESOP, per first 12 month period (in hours)		1000 hours
Vesting percentage after requisite service period is met (as a percent)		100.00%
Requisite service period (in years)		2 years
Employee stock ownership plan (ESOP), requisite service period (in hours)		1000 hours
Employee Stock Ownership Plan (ESOP), Debt Structure, Employer Loan, Amount							$ 2,600,000
Employee stock ownership plan shares purchased \| shares							259,210
Shares acquired (in shares) \| shares			479,330	482,706	479,330	482,706
Employee stock ownership plan (ESOP), weighted average purchase price of shares purchased (in dollars per share) \| $ / shares							$ 10.17
Amortization period of ESOP loan							10 years
Employee stock ownership plan (ESOP), debt structure, employer loan, interest rate							2.30%
Employee stock ownership plan (ESOP), periodic installment payments from esop, amount paid								$ 282,000
Employee stock ownership plan (ESOP), interest payments from esop								$ 13,000
ESOP compensation expense for allocated shares			$ 495,000	$ 180,000	$ 897,000	$ 505,000
Stock split, conversion ratio	2

Employee Benefits - Schedule of

Employee Benefits - Schedule of Shares Under ESOP (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Employee Stock Ownership Plan (ESOP), Shares in ESOP [Abstract]
Allocated shares	427,488	379,022
Committed to be released shares	25,921	25,920
Unallocated shares	25,921	77,764
Total ESOP shares (in shares)	479,330	482,706
Fair value of unallocated shares (in thousands)	$ 897	$ 1,515

Earnings Per Share - Schedule o

Earnings Per Share - Schedule of Earnings Per Share, Basic and Diluted (Details) $ / shares in Units, $ in Thousands	Jul. 14, 2021	Jun. 30, 2021USD ($)$ / sharesshares	Jun. 30, 2020USD ($)$ / sharesshares	Jun. 30, 2021USD ($)$ / sharesshares	Jun. 30, 2020USD ($)$ / sharesshares
Numerator (in thousands):
Net Income \| $		$ 8,549	$ 10,020	$ 20,432	$ 15,187
Dividends and undistributed earnings allocated to participating securities \| $		(128)	(113)	(299)	(176)
Net income available to common shareholders \| $		$ 8,421	$ 9,907	$ 20,133	$ 15,011
Denominator (shown as actual):
Basic weighted average common shares outstanding (in shares)		8,393,164	8,465,552	8,418,299	8,630,755
Dilutive shares (in shares)		267,449	144,946	252,852	161,190
Diluted weighted average common shares outstanding (in shares)		8,660,613	8,610,498	8,671,151	8,791,945
Basic earnings per share(in dollars per share) \| $ / shares		$ 1	$ 1.17	$ 2.39	$ 1.74
Diluted earnings per share(in dollars per share) \| $ / shares		$ 0.97	$ 1.15	$ 2.32	$ 1.71
Potentially dilutive weighted average share options that were not included in the computation of diluted earnings per share because to do so would be anti-dilutive			189,292		130,032
Stock split, conversion ratio	2

Stock-Based Compensation - Narr

Stock-Based Compensation - Narrative (Details)	Jul. 14, 2021	Dec. 31, 2020	Aug. 15, 2020$ / sharesshares	Jun. 30, 2021USD ($)shares	Jun. 30, 2020USD ($)	Jun. 30, 2021USD ($)shares	Jun. 30, 2020USD ($)	May 17, 2018shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award contractual life						10 years
Stock split, conversion ratio	2
2018 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share-based compensation expense \| $				$ 298,000	$ 223,000	$ 593,000	$ 447,000
Expected term in years		6 years 6 months 29 days
Remaining weighted-average vesting period						6 years 5 months 23 days
2018 Equity Incentive Plan \| Equity option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award contractual life						10 years
Shares available for grant				548,120		548,120
Expiration period						10 years
Unrecognized compensation cost, nonvested awards \| $				$ 1,200,000		$ 1,200,000
Remaining weighted-average vesting period						3 years
Shares			124,570
2018 Equity Incentive Plan \| Restricted stock awards
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized (in shares)								326,000
Shares available for grant				185,510		185,510
Unrecognized compensation cost, nonvested awards \| $				$ 2,000,000		$ 2,000,000
Shares			49,760
2018 Equity Incentive Plan \| Restricted stock awards \| Independent Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period						1 year
2018 Equity Incentive Plan \| Restricted stock awards \| Officers And Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period						5 years
2018 Equity Incentive Plan \| Equity option and restricted stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized (in shares)								1.3
Market value of stock (in dollars per share) \| $ / shares			$ 21.35
One year vesting \| 2018 Equity Incentive Plan \| Equity option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Expected term in years						5 years 6 months
One year vesting \| 2018 Equity Incentive Plan \| Equity option \| Directors Excluding CEO
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period						1 year
Five year vesting \| 2018 Equity Incentive Plan \| Equity option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Annual award vesting percentage						20.00%
Expected term in years						6 years 6 months
Five year vesting \| 2018 Equity Incentive Plan \| Equity option \| Directors Excluding CEO
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period						5 years
Five year vesting \| 2018 Equity Incentive Plan \| Equity option \| Officers And Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period						5 years

Stock-Based Compensation - Stoc

Stock-Based Compensation - Stock Option Activity (Details)	Dec. 31, 2020USD ($)$ / sharesshares	Jun. 30, 2021USD ($)$ / sharesshares
Shares
Award contractual life		10 years
2018 Equity Incentive Plan
Shares
Outstanding, beginning balance (in shares) \| shares		671,754
Less exercised (in shares) \| shares		73,074
Outstanding, ending balance (in shares) \| shares	671,754	598,680
Expected to vest, assuming a 0.31% annual forfeiture rate (in shares) \| shares		597,072
Exercisable (in shares) \| shares		276,902
Annual forfeiture rate		0.31%
Expected forfeiture rate over contractual term		3.10%
Weighted-Average Exercise Price
Outstanding, beginning balance (in dollars per share) \| $ / shares		$ 19.45
Less exercised (in dollars per share) \| $ / shares		8.45
Outstanding, ending balance (in dollars per share) \| $ / shares	$ 19.45	20.79
Expected to vest, assuming a 0.31% annual forfeiture rate (in dollars per share) \| $ / shares		20.78
Exercisable (in dollars per share) \| $ / shares		$ 15.86
Weighted-Average Remaining Contractual Term In Years
Outstanding, beginning balance	6 years 6 months 29 days
Outstanding, ending balance		6 years 5 months 23 days
Expected to vest, assuming a 0.31% annual forfeiture rate, Weighted Average Remaining Contractual Term		6 years 5 months 23 days
Exercisable		4 years 6 months 18 days
Aggregate Intrinsic Value
Beginning balance \| $		$ 5,721,159
Less exercised \| $		1,905,920
Ending balance \| $	$ 5,721,159	8,886,172
Expected to vest, assuming a 0.31% annual forfeiture rate \| $		8,867,752
Exercisable \| $		$ 5,476,741

Stock-Based Compensation - Rest

Stock-Based Compensation - Restricted Stock Awards (Details) - Restricted stock awards	6 Months Ended
	Jun. 30, 2021$ / sharesshares
Shares
Nonvested, Beginning balance (in shares) \| shares	110,184
Granted (shares) \| shares	0
Less vested (in shares) \| shares	0
Forfeited or expired ( in shares) \| shares	0
Nonvested, Ending balance (in shares) \| shares	110,184
Weighted-Average Grant-Date Fair Value Per Share
Nonvested, Beginning balance (in dollars per share) \| $ / shares	$ 24.35
Granted (in dollars per share) \| $ / shares	0
Less vested (in dollars per share) \| $ / shares	0
Forfeited or expired (in dollars per share) \| $ / shares	0
Nonvested, Ending balance (in dollars per share) \| $ / shares	$ 24.35
2018 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted-average vesting period	3 years 2 months 12 days
2018 Equity Incentive Plan \| Independent Director
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	1 year
2018 Equity Incentive Plan \| Officers And Employees
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Award vesting period	5 years

Regulatory Capital - Regulatory

Regulatory Capital - Regulatory Capital Ratios Policy (Details) $ in Millions	Jun. 30, 2021USD ($)	Dec. 31, 2020USD ($)
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 leverage capital, Ratio	10.8	11.1
1st Security Bank [Member]
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Tier 1 leverage capital, Ratio	11.9	10.9
Tier One Leverage Capital	$ 257	$ 215.9
Tier 1 leverage capital, To be Well Capitalized Under Prompt Corrective Action Provisions, Amount	$ 184.6	$ 159.1

Business Segments - Narrative (

Business Segments - Narrative (Details)	6 Months Ended
Business Segments - Narrative (Details)	Jun. 30, 2021segmentitem
Segment Reporting Information [Line Items]
Number of operating segments \| segment	2
Retail Deposit \| Pacific Northwest
Segment Reporting Information [Line Items]
Number of bank branches \| item	21

Business Segments - Segment Fin

Business Segments - Segment Financial Results (Details) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021USD ($)employee	Jun. 30, 2020USD ($)employee	Jun. 30, 2021USD ($)employee	Jun. 30, 2020USD ($)employee
Segment Reporting Information [Line Items]
Net interest income	$ 21,220	$ 17,860	$ 41,320	$ 35,333
Benefit (provision) for loan losses	0	(4,649)	(1,500)	(8,335)
Noninterest income	8,186	14,131	21,220	23,022
Noninterest expense	(18,962)	(14,622)	(35,267)	(30,806)
INCOME BEFORE PROVISION FOR INCOME TAXES	10,444	12,720	25,773	19,214
Provision for income taxes	(1,895)	(2,700)	(5,341)	(4,027)
NET INCOME	8,549	10,020	20,432	15,187
Total average assets for period ended	$ 2,175,518	$ 1,937,786	$ 2,151,674	$ 1,835,910
FTEs \| employee	522	464	522	464
Home Lending
Segment Reporting Information [Line Items]
Net interest income	$ 2,246	$ 1,204	$ 3,868	$ 2,385
Benefit (provision) for loan losses	(499)	(497)	(441)	(1,056)
Noninterest income	5,801	12,076	16,633	17,234
Noninterest expense	(5,389)	(4,069)	(8,520)	(8,231)
INCOME BEFORE PROVISION FOR INCOME TAXES	2,159	8,714	11,540	10,332
Provision for income taxes	(304)	(1,834)	(2,391)	(2,165)
NET INCOME	1,855	6,880	9,149	8,167
Total average assets for period ended	$ 388,174	$ 376,033	$ 395,032	$ 351,737
FTEs \| employee	156	130	156	130
Commercial and Consumer Banking
Segment Reporting Information [Line Items]
Net interest income	$ 18,974	$ 16,656	$ 37,452	$ 32,948
Benefit (provision) for loan losses	499	(4,152)	(1,059)	(7,279)
Noninterest income	2,385	2,055	4,587	5,788
Noninterest expense	(13,573)	(10,553)	(26,747)	(22,575)
INCOME BEFORE PROVISION FOR INCOME TAXES	8,285	4,006	14,233	8,882
Provision for income taxes	(1,591)	(866)	(2,950)	(1,862)
NET INCOME	6,694	3,140	11,283	7,020
Total average assets for period ended	$ 1,787,344	$ 1,561,753	$ 1,756,642	$ 1,484,173
FTEs \| employee	366	334	366	334

Goodwill and other Intangible_3

Goodwill and other Intangible Assets (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 2,312		$ 2,312		$ 2,312
Goodwill, Impairment Loss					0
Finite-Lived Intangible Assets, Net [Abstract]
Finite-Lived Intangible Assets, Gross, Total			7,490	$ 7,490	7,490
Finite-Lived Intangible Assets, Accumulated Amortization			(2,739)	(2,033)	(2,033)
Finite-Lived Intangible Assets, Net, Beginning Balance			4,751	5,457	5,457
Amortization	(177)	$ (177)	(354)	$ (353)	(706)
Finite-Lived Intangible Assets, Gross, Total	7,490		7,490		7,490
Finite-Lived Intangible Assets, Accumulated Amortization	(3,093)		(3,093)		(2,739)
Finite-Lived Intangible Assets, Net, Ending Balance	4,397		4,397		4,751
Finite-Lived Intangible Assets, Net, Amortization Expense, Fiscal Year Maturity [Abstract]
Remainder of 2021	337		337
2022	691		691
2023	691		691
2024	621		621
2025	525		525
Thereafter	1,532		1,532
Total	4,397		$ 4,397		4,751
Anchor Bancorp
Finite-Lived Intangible Assets, Net [Abstract]
Amortization period - CDI			10 years
Bank of America
Finite-Lived Intangible Assets [Line Items]
Goodwill	$ 2,300		$ 2,300		$ 2,300
Finite-Lived Intangible Assets, Net [Abstract]
Amortization period - CDI			9 years

Revenue From Contracts With C_3

Revenue From Contracts With Customers (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Noninterest Income
Noninterest Income (in-scope of Topic 606)	$ 758	$ 589	$ 1,446	$ 1,290
Noninterest income (out-of-scope of Topic 606)	7,428	13,542	19,774	21,732
Total noninterest income	8,186	14,131	21,220	23,022
Debit Card Interchange Fees
Noninterest Income
Noninterest Income (in-scope of Topic 606)	585	444	1,100	879
Deposit service and account maintenance fees
Noninterest Income
Noninterest Income (in-scope of Topic 606)	$ 173	$ 145	$ 346	$ 411