Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | Note 3 Loans receivable consisted of the following at the dates indicated: June 30, 2020 December 31, 2019 (In thousands) Real Estate: One-to-four family $ 325,349 $ 306,014 Multi-family 103,279 96,098 Commercial real estate 267,233 255,722 Construction and land 58,153 37,187 Total real estate loans 754,014 695,021 Consumer: Home equity 33,696 35,046 Auto and other consumer 109,214 112,119 Total consumer loans 142,910 147,165 Commercial business loans 99,477 41,571 Total loans 996,401 883,757 Less: Net deferred loan fees 1,842 206 Premium on purchased loans, net (3,901 ) (4,514 ) Allowance for loan losses 12,109 9,628 Total loans receivable, net $ 986,351 $ 878,437 Allowance for Loan Losses. The following tables summarize changes in the ALLL and loan portfolio by segment and impairment method for the periods shown: At or For the Three Months Ended June 30, 2020 One-to- Commercial Construction Home Auto and other Commercial four family Multi-family real estate and land equity consumer business Unallocated Total (In thousands) ALLL: Beginning balance $ 3,396 $ 923 $ 2,722 $ 592 $ 449 $ 2,317 $ 250 $ 181 $ 10,830 Provision for (recapture of) loan losses 383 205 299 146 (20 ) 157 213 117 1,500 Charge-offs — — — — — (240 ) — — (240 ) Recoveries 1 — — — — 18 — — 19 Ending balance $ 3,780 $ 1,128 $ 3,021 $ 738 $ 429 $ 2,252 $ 463 $ 298 $ 12,109 At or For the Six Months Ended June 30, 2020 One-to- Commercial Construction Home Auto and other Commercial four family Multi-family real estate and land equity consumer business Unallocated Total (In thousands) ALLL: Beginning balance $ 3,024 $ 888 $ 2,243 $ 399 $ 454 $ 2,261 $ 208 $ 151 $ 9,628 Provision for (recapture of) loan losses 702 240 778 337 (26 ) 333 255 147 2,766 Charge-offs — — — — — (374 ) — — (374 ) Recoveries 54 — — 2 1 32 — — 89 Ending balance $ 3,780 $ 1,128 $ 3,021 $ 738 $ 429 $ 2,252 $ 463 $ 298 $ 12,109 At June 30, 2020 One-to- Commercial Construction Home Auto and other Commercial four family Multi-family real estate and land equity consumer business Unallocated Total (In thousands) Total ALLL $ 3,780 $ 1,128 $ 3,021 $ 738 $ 429 $ 2,252 $ 463 $ 298 $ 12,109 General reserve 3,734 1,128 3,021 737 421 2,096 463 298 11,898 Specific reserve 46 — — 1 8 156 — — 211 Total loans $ 325,349 $ 103,279 $ 267,233 $ 58,153 $ 33,696 $ 109,214 $ 99,477 $ — $ 996,401 Loans collectively evaluated (1) 321,575 102,982 266,076 58,016 33,402 108,318 99,170 — 989,539 Loans individually evaluated (2) 3,774 297 1,157 137 294 896 307 — 6,862 ( 1 ( 2 At or For the Three Months Ended June 30, 2019 One-to- Commercial Construction Home Auto and other Commercial four family Multi-family real estate and land equity consumer business Unallocated Total (In thousands) ALLL: Beginning balance $ 3,441 $ 769 $ 2,337 $ 700 $ 467 $ 1,678 $ 191 $ 176 $ 9,759 (Recapture of) provision for loan losses (25 ) (118 ) 20 11 (22 ) 416 (20 ) (7 ) 255 Charge-offs — — — — — (362 ) — — (362 ) Recoveries 1 — — — 20 58 — — 79 Ending balance $ 3,417 $ 651 $ 2,357 $ 711 $ 465 $ 1,790 $ 171 $ 169 $ 9,731 At or For the Six Months Ended June 30, 2019 One-to- Commercial Construction Home Auto and other Commercial four family Multi-family real estate and land equity consumer business Unallocated Total (In thousands) ALLL: Beginning balance $ 3,297 $ 762 $ 2,289 $ 585 $ 480 $ 1,611 $ 334 $ 175 $ 9,533 Provision for (recapture of) loan losses 117 (111 ) 68 126 (36 ) 593 (161 ) (6 ) 590 Charge-offs — — — — — (548 ) (4 ) — (552 ) Recoveries 3 — — — 21 134 2 — 160 Ending balance $ 3,417 $ 651 $ 2,357 $ 711 $ 465 $ 1,790 $ 171 $ 169 $ 9,731 At December 31, 2019 One-to- Commercial Construction Home Auto and other Commercial four family Multi-family real estate and land equity consumer business Unallocated Total (In thousands) Total ALLL $ 3,024 $ 888 $ 2,243 $ 399 $ 454 $ 2,261 $ 208 $ 151 $ 9,628 General reserve 2,993 887 2,235 399 439 2,119 203 151 9,426 Specific reserve 31 1 8 — 15 142 5 — 202 Total loans $ 306,014 $ 96,098 $ 255,722 $ 37,187 $ 35,046 $ 112,119 $ 41,571 $ — $ 883,757 Loans collectively evaluated (1) 303,026 95,991 253,839 37,158 34,775 111,271 41,308 — 877,368 Loans individually evaluated (2) 2,988 107 1,883 29 271 848 263 — 6,389 ( 1 ( 2 Impaired loans. may The following table presents a summary of loans individually evaluated for impairment by portfolio segment at the dates indicated: June 30, 2020 December 31, 2019 Recorded Investment Unpaid Principal Balance Related Allowance Recorded Investment Unpaid Principal Balance Related Allowance (In thousands) With no allowance recorded: One-to-four family $ 316 $ 344 $ — $ 297 $ 332 $ — Multi-family 297 297 — — — — Commercial real estate 1,157 1,311 — 1,240 1,320 — Construction and land 110 142 — — 33 — Home equity 62 119 — 45 110 — Auto and other consumer — 270 — 251 548 — Commercial business 307 307 — — — — Total 2,249 2,790 — 1,833 2,343 — With an allowance recorded: One-to-four family $ 3,458 $ 3,669 $ 46 2,691 2,911 31 Multi-family — — — 107 107 1 Commercial real estate — — — 643 643 8 Construction and land 27 27 1 29 29 — Home equity 232 292 8 226 286 15 Auto and other consumer 896 1,174 156 597 690 142 Commercial business — — — 263 263 5 Total 4,613 5,162 211 4,556 4,929 202 Total impaired loans: One-to-four family 3,774 4,013 46 2,988 3,243 31 Multi-family 297 297 — 107 107 1 Commercial real estate 1,157 1,311 — 1,883 1,963 8 Construction and land 137 169 1 29 62 — Home equity 294 411 8 271 396 15 Auto and other consumer 896 1,444 156 848 1,238 142 Commercial business 307 307 — 263 263 5 Total $ 6,862 $ 7,952 $ 211 $ 6,389 $ 7,272 $ 202 The following table presents a summary of loans individually evaluated for impairment by portfolio segment at the dates indicated: Three Months Ended Six Months Ended June 30, 2020 June 30, 2020 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (In thousands) (In thousands) With no allowance recorded: One-to-four family $ 153 $ 9 $ 130 $ 9 Multi-family 198 — 148 — Commercial real estate 1,205 — 1,218 15 Construction and land 36 — 18 — Home equity 48 1 46 — Auto and other consumer — 12 — 14 Commercial business 102 — 51 — Total 1,742 22 1,611 38 With an allowance recorded: One-to-four family 2,932 71 2,804 112 Multi-family 170 — 237 — Commercial real estate 429 — 536 — Construction and land 28 2 28 2 Home equity 246 5 247 10 Auto and other consumer 765 20 727 29 Commercial business 175 — 219 — Total 4,745 98 4,798 153 Total impaired loans: One-to-four family 3,085 80 2,934 121 Multi-family 368 — 385 — Commercial real estate 1,634 — 1,754 15 Construction and land 64 2 46 2 Home equity 294 6 293 10 Auto and other consumer 765 32 727 43 Commercial business 277 — 270 — Total $ 6,487 $ 120 $ 6,409 $ 191 Interest income recognized on a cash basis on impaired loans for the three six June 30, 2020 The following table presents the average recorded investment in loans individually evaluated for impairment and the related interest income recognized for the periods shown: Three Months Ended Six Months Ended June 30, 2019 June 30, 2019 Average Recorded Investment Interest Income Recognized Average Recorded Investment Interest Income Recognized (In thousands) (In thousands) With no allowance recorded: One-to-four family $ 189 $ 3 $ 246 $ 5 Commercial real estate 1,278 13 1,288 25 Home equity 55 9 190 17 Auto and other consumer — 9 — 11 Total 1,522 34 1,724 58 With an allowance recorded: One-to-four family 2,827 69 2,829 112 Multi-family 109 1 110 3 Commercial real estate 658 8 660 15 Construction and land 66 3 59 3 Home equity 307 8 303 13 Auto and other consumer 311 6 287 9 Commercial business 302 5 315 10 Total 4,580 100 4,563 165 Total impaired loans: One-to-four family 3,016 72 3,075 117 Multi-family 109 1 110 3 Commercial real estate 1,936 21 1,948 40 Construction and land 66 3 59 3 Home equity 362 17 493 30 Auto and other consumer 311 15 287 20 Commercial business 302 5 315 10 Total $ 6,102 $ 134 $ 6,287 $ 223 Interest income recognized on a cash basis on impaired loans for the three six June 30, 2019 The following table presents the recorded investment in nonaccrual loans by class of loan at the dates indicated: June 30, 2020 December 31, 2019 (In thousands) One-to-four family $ 1,543 $ 698 Multi-family 297 — Commercial real estate 35 109 Construction and land 137 29 Home equity 140 112 Auto and other consumer 896 848 Commercial business 308 — Total nonaccrual loans $ 3,356 $ 1,796 Past due loans. not no 90 June 30, 2020 December 31, 2019 The following table presents past due loans, net of partial loan charge-offs, by class, as of June 30, 2020 30-59 Days 60-89 Days 90 Days or More Total Past Due Past Due Past Due Past Due Current Total Loans (In thousands) Real Estate: One-to-four family $ 1,594 $ 1,127 $ 444 $ 3,165 $ 322,184 $ 325,349 Multi-family — — 297 297 102,982 103,279 Commercial real estate — 76 — 76 267,157 267,233 Construction and land — — — — 58,153 58,153 Total real estate loans 1,594 1,203 741 3,538 750,476 754,014 Consumer: Home equity 78 — 36 114 33,582 33,696 Auto and other consumer 772 520 566 1,858 107,356 109,214 Total consumer loans 850 520 602 1,972 140,938 142,910 Commercial business loans — — 307 307 99,170 99,477 Total loans $ 2,444 $ 1,723 $ 1,650 $ 5,817 $ 990,584 $ 996,401 The following table presents past due loans, net of partial loan charge-offs, by class, as of December 31, 2019 30-59 Days 60-89 Days 90 Days or More Total Past Due Past Due Past Due Past Due Current Total Loans (In thousands) Real Estate: One-to-four family $ 928 $ 92 $ 116 $ 1,136 $ 304,878 $ 306,014 Multi-family — — — — 96,098 96,098 Commercial real estate — — — — 255,722 255,722 Construction and land 38 — — 38 37,149 37,187 Total real estate loans 966 92 116 1,174 693,847 695,021 Consumer: Home equity 299 24 — 323 34,723 35,046 Auto and other consumer 1,423 370 614 2,407 109,712 112,119 Total consumer loans 1,722 394 614 2,730 144,435 147,165 Commercial business loans — 115 — 115 41,456 41,571 Total loans $ 2,688 $ 601 $ 730 $ 4,019 $ 879,738 $ 883,757 Credit quality indicator. 6, 7, 8 8 not not When First Federal classifies problem assets as either substandard or doubtful, it may not not 4 5 not 1 3 Additionally, First Federal categorizes loans as performing or nonperforming based on payment activity. Loans that are more than 90 The following table represents the internally assigned grade as of June 30, 2020 Pass Watch Special Mention Substandard Total (In thousands) Real Estate: One-to-four family $ 318,430 $ 4,197 $ 1,813 $ 909 $ 325,349 Multi-family 102,982 — — 297 103,279 Commercial real estate 256,775 7,117 2,133 1,208 267,233 Construction and land 45,547 12,384 74 148 58,153 Total real estate loans 723,734 23,698 4,020 2,562 754,014 Consumer: Home equity 32,724 697 126 149 33,696 Auto and other consumer 103,857 2,654 1,776 927 109,214 Total consumer loans 136,581 3,351 1,902 1,076 142,910 Commercial business loans 97,960 51 — 1,466 99,477 Total loans $ 958,275 $ 27,100 $ 5,922 $ 5,104 $ 996,401 The following table represents the internally assigned grade as of December 31, 2019 Pass Watch Special Mention Substandard Total (In thousands) Real Estate: One-to-four family $ 301,312 $ 2,685 $ 1,148 $ 869 $ 306,014 Multi-family 95,694 — 107 297 96,098 Commercial real estate 251,531 97 2,800 1,294 255,722 Construction and land 35,897 1,184 77 29 37,187 Total real estate loans 684,434 3,966 4,132 2,489 695,021 Consumer: Home equity 34,260 470 89 227 35,046 Auto and other consumer 107,327 3,243 594 955 112,119 Total consumer loans 141,587 3,713 683 1,182 147,165 Commercial business loans 39,653 376 263 1,279 41,571 Total loans $ 865,674 $ 8,055 $ 5,078 $ 4,950 $ 883,757 The following table represents the credit risk profile based on payment activity as of June 30, 2020 Nonperforming Performing Total (In thousands) Real Estate: One-to-four family $ 1,543 $ 323,806 $ 325,349 Multi-family 297 102,982 103,279 Commercial real estate 35 267,198 267,233 Construction and land 137 58,016 58,153 Consumer: Home equity 140 33,556 33,696 Auto and other consumer 896 108,318 109,214 Commercial business 308 99,169 99,477 Total loans $ 3,356 $ 993,045 $ 996,401 The following table represents the credit risk profile based on payment activity as of December 31, 2019 Nonperforming Performing Total (In thousands) Real Estate: One-to-four family $ 698 $ 305,316 $ 306,014 Multi-family — 96,098 96,098 Commercial real estate 109 255,613 255,722 Construction and land 29 37,158 37,187 Consumer: Home equity 112 34,934 35,046 Auto and other consumer 848 111,271 112,119 Commercial business — 41,571 41,571 Total loans $ 1,796 $ 881,961 $ 883,757 Troubled debt restructuring. The Coronavirus Aid, Relief, and Economic Security Act of 2020 March 27, 2020, ( 19 not six 30 June 30, 2020 19 not The following table is a summary of information with respect to total COVID- 19 June 30, 2020 Count Balance Percent Real Estate: One-to-four family 38 $ 11,157 8.7 % Multi-family 8 25,150 19.6 Commercial real estate 37 70,800 55.1 Construction and land 13 6,939 5.4 Total real estate loans 96 114,046 88.8 Consumer: Home equity 8 784 0.6 Auto and other consumer 182 9,620 7.5 Total consumer loans 190 10,404 8.1 Commercial business loans 11 3,970 3.1 Total loans 297 $ 128,420 100.0 % The following table is a summary of information pertaining to TDR loans included in impaired loans at the dates indicated: June 30, 2020 December 31, 2019 (In thousands) Total TDR loans $ 2,495 $ 3,544 Allowance for loan losses related to TDR loans 31 41 Total nonaccrual TDR loans 110 81 There were no newly restructured and renewals or modifications of existing TDR loans that occurred during the three six June 30, 2020 June 30, 2019 There were no TDR loans which incurred a payment default within 12 three six June 30, 2020 The following table presents newly restructured and renewals or modifications of existing TDR loans by class that occurred during the three six June 30, 2019 Number Rate Term Combination Total of Contracts Modification Modification Modification Modifications (Dollars in thousands) Pre-modification outstanding recorded investment One- to four-family 1 $ — $ 50 $ — $ 50 Post-modification outstanding recorded investment One- to four-family 1 $ — $ 51 $ — $ 51 The following is a summary of TDR loans which incurred a payment default within 12 three six June 30, 2019 Number Rate Term Combination Total of Contracts Modification Modification Modification Modifications (Dollars in thousands) TDR loans that subsequently defaulted One- to four-family 1 $ — $ — $ 48 $ 48 No additional funds were committed to be advanced in connection with impaired loans at June 30, 2020 The following table presents TDR loans by class at the dates indicated by accrual and nonaccrual status. June 30, 2020 December 31, 2019 Accrual Nonaccrual Total Accrual Nonaccrual Total (In thousands) One-to-four family $ 2,231 $ 110 $ 2,341 $ 2,290 $ 81 $ 2,371 Multi-family — — — 107 — 107 Commercial real estate — — — 643 — 643 Home equity 154 — 154 160 — 160 Commercial business — — — 263 — 263 Total TDR loans $ 2,385 $ 110 $ 2,495 $ 3,463 $ 81 $ 3,544 |