First Northwest Bancorp (FNWB) 10-Q 14 May 21 2021 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2021	May 07, 2021
Document Information [Line Items]
Entity Central Index Key	0001556727
Entity Registrant Name	First Northwest Bancorp
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Document Fiscal Period Focus	Q1
Document Fiscal Year Focus	2021
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2021
Document Transition Report	false
Entity File Number	001-36741
Entity Incorporation, State or Country Code	WA
Entity Tax Identification Number	46-1259100
Entity Address, Address Line One	105 West 8th Street
Entity Address, City or Town	Port Angeles
Entity Address, State or Province	WA
Entity Address, Postal Zip Code	98362
City Area Code	360
Local Phone Number	457-0461
Title of 12(b) Security	Common Stock, par value $0.01 per share
Trading Symbol	FNWB
Security Exchange Name	NASDAQ
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Non-accelerated Filer
Entity Small Business	true
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding		10,218,878

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
ASSETS
Cash and due from banks	$ 15,827	$ 13,508
Interest-bearing deposits in banks	83,444	51,647
Investment securities available for sale, at fair value	393,495	364,296
Loans held for sale	4,037	3,753
Loans receivable (net of allowance for loan losses of $14,265 and $13,847)	1,156,439	1,141,969
Federal Home Loan Bank (FHLB) stock, at cost	3,997	5,977
Accrued interest receivable	6,251	6,966
Premises and equipment, net	14,795	14,785
Mortgage servicing rights, net	2,309	2,120
Bank-owned life insurance, net	38,596	38,353
Prepaid expenses and other assets	17,103	10,975
Total assets	1,736,293	1,654,349
LIABILITIES AND SHAREHOLDERS' EQUITY
Deposits	1,434,807	1,333,517
FHLB advances	50,000	109,977
Subordinated debt, net	39,310	0
Accrued interest payable	84	53
Accrued expenses and other liabilities	27,994	23,303
Advances from borrowers for taxes and insurance	2,000	1,116
Total liabilities	1,554,195	1,467,966
Shareholders' Equity
Preferred stock, $0.01 par value, authorized 5,000,000 shares, no shares issued or outstanding	0	0
Common stock, $0.01 par value, authorized 75,000,000 shares; issued and outstanding 10,195,644 shares at March 31, 2021, and 10,247,185 shares at December 31, 2020	102	102
Additional paid-in capital	96,499	97,412
Retained earnings	94,363	92,657
Accumulated other comprehensive income, net of tax	199	5,442
Unearned employee stock ownership plan (ESOP) shares	(9,065)	(9,230)
Total shareholders' equity	182,098	186,383
Total liabilities and shareholders' equity	$ 1,736,293	$ 1,654,349

Consolidated Balance Sheets (_2

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Allowance for loan losses	$ 14,265	$ 13,847
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Preferred stock, shares authorized (in shares)	5,000,000	5,000,000
Preferred stock, shares issued (in shares)	0	0
Preferred stock, shares outstanding (in shares)	0	0
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	75,000,000	75,000,000
Common stock, shares issued (in shares)	10,195,644	10,247,185
Common stock, shares outstanding (in shares)	10,195,644	10,247,185

Consolidated Statements of Inco

Consolidated Statements of Income (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
INTEREST INCOME
Interest and fees on loans receivable	$ 12,541	$ 9,836
Interest on mortgage-backed securities	464	959
Interest on investment securities	1,570	1,069
Interest on deposits and other	13	68
FHLB dividends	45	47
Total interest income	14,633	11,979
INTEREST EXPENSE
Deposits	934	2,138
Borrowings	191	434
Subordinated debt	25	0
Total interest expense	1,150	2,572
Net interest income	13,483	9,407
Provision for loan losses	500	1,266
Net interest income after provision for loan losses	12,983	8,141
NONINTEREST INCOME
Loan and deposit service fees	837	881
Mortgage servicing fees, net of amortization	30	15
Net gain on sale of loans	1,337	383
Net gain on sale of investment securities	0	605
Increase in cash surrender value of bank-owned life insurance	244	328
Other income	256	106
Total noninterest income	2,704	2,318
NONINTEREST EXPENSE
Compensation and benefits	7,295	5,361
Data processing	739	690
Occupancy and equipment	1,623	1,351
Supplies, postage, and telephone	242	211
Regulatory assessments and state taxes	261	174
Advertising	445	272
Professional fees	522	400
FDIC insurance premium	148	0
FHLB prepayment penalty	0	210
Other expense	819	713
Total noninterest expense	12,094	9,382
INCOME BEFORE PROVISION FOR INCOME TAXES	3,593	1,077
PROVISION FOR INCOME TAXES	473	204
NET INCOME	$ 3,120	$ 873
Basic and diluted earnings per common share (in dollars per share)	$ 0.34	$ 0.09

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Loss (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Net income	$ 3,120	$ 873
Other comprehensive loss:
Unrealized holding losses on investments available for sale arising during the period	(4,428)	(7,897)
Income tax benefit related to unrealized holding losses	930	1,658
Unrecognized defined benefit ("DB") plan prior service cost	(2,210)	0
Income tax benefit related to DB plan prior service cost	465	0
Reclassification adjustment for net (gains) losses on sales of securities realized in income	0	(605)
Income tax benefit related to reclassification adjustment on sales of securities	0	127
Other comprehensive loss, net of tax	(5,243)	(6,717)
COMPREHENSIVE LOSS	$ (2,123)	$ (5,844)

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Unearned ESOP Shares [Member]	AOCI Attributable to Parent [Member]	Total
BALANCE (in shares) at Dec. 31, 2019	10,731,639
BALANCE at Dec. 31, 2019	$ 107	$ 102,017	$ 86,156	$ (9,890)	$ (1,539)	$ 176,851
Net income			873			873
Common stock repurchased (in shares)	(288,276)
Common stock repurchased	$ (3)	(2,880)	(947)			(3,830)
Restricted stock award forfeitures net of grants (in shares)	(10,400)
Other comprehensive loss, net of tax					(6,717)	(6,717)
Share-based compensation expense		304				304
ESOP shares committed to be released		38		165		203
Cash dividends declared and paid			(533)			(533)
Restricted stock award grants net of forfeitures (in shares)	(10,400)
BALANCE (in shares) at Mar. 31, 2020	10,432,963
BALANCE at Mar. 31, 2020	$ 104	99,479	85,549	(9,725)	(8,256)	$ 167,151
BALANCE (in shares) at Dec. 31, 2020	10,247,185					10,247,185
BALANCE at Dec. 31, 2020	$ 102	97,412	92,657	(9,230)	5,442	$ 186,383
Net income			3,120			3,120
Common stock repurchased (in shares)	(135,837)
Common stock repurchased	$ 0	(1,358)	(805)			(2,163)
Restricted stock award forfeitures net of grants (in shares)	84,896
Other comprehensive loss, net of tax					(5,243)	(5,243)
Share-based compensation expense		404				404
ESOP shares committed to be released		52		165		217
Cash dividends declared and paid			(609)			(609)
Restricted stock award grants net of forfeitures (in shares)	84,896
Restricted stock awards canceled (in shares)	(600)
Restricted stock awards canceled	$ 0	(11)				$ (11)
BALANCE (in shares) at Mar. 31, 2021	10,195,644					10,195,644
BALANCE at Mar. 31, 2021	$ 102	$ 96,499	$ 94,363	$ (9,065)	$ 199	$ 182,098

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Shareholders' Equity (Unaudited) (Parentheticals) - $ / shares	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Cash dividends paid, per share (in dollars per share)	$ 0.06	$ 0.05

Consolidated Statements of Cash

Consolidated Statements of Cash Flows (Unaudited) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 3,120	$ 873
Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization	338	338
Amortization and accretion of premiums and discounts on investments, net	270	477
Amortization (accretion) of deferred loan fees, net	160	(436)
Amortization of mortgage servicing rights, net	124	82
Additions to mortgage servicing rights, net	(332)	(54)
Net increase on the valuation allowance on mortgage servicing rights	19	0
Provision for loan losses	500	1,266
Allocation of ESOP shares	154	203
Share-based compensation expense	404	304
Gain on sale of loans, net	(1,337)	(383)
Gain on sale of securities available for sale, net	0	(605)
Increase in cash surrender value of life insurance, net	(244)	(328)
Origination of loans held for sale	(37,287)	(20,027)
Proceeds from loans held for sale	38,340	16,382
Change in assets and liabilities:
Decrease (increase) in accrued interest receivable	715	(193)
Increase in prepaid expenses and other assets	(8,326)	(382)
Increase (decrease) in accrued interest payable	31	(179)
Increase in accrued expenses and other liabilities	6,138	833
Net cash from operating activities	2,787	(1,829)
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of securities available for sale	(53,290)	(66,372)
Proceeds from maturities, calls, and principal repayments of securities available for sale	19,393	15,984
Proceeds from sales of securities available for sale	0	40,073
Redemption (purchase) of FHLB stock	1,980	(1,547)
Net increase in loans receivable	(15,130)	(21,943)
Purchase of premises and equipment, net	(348)	(227)
Net cash from investing activities	(47,395)	(34,032)
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase in deposits	101,290	62,260
Proceeds from long-term FHLB advances	10,000	30,000
Repayment of long-term FHLB advances	(10,000)	(25,000)
Net (decrease) increase in short-term FHLB advances	(59,977)	32,091
Proceeds from issuance of subordinated debt, net	39,310	0
Net increase (decrease) in advances from borrowers for taxes and insurance	884	(702)
Dividends paid	(609)	(533)
Restricted stock awards canceled	(11)	0
Repurchase of common stock	(2,163)	(3,830)
Net cash from financing activities	78,724	94,286
NET INCREASE IN CASH AND CASH EQUIVALENTS	34,116	58,425
CASH AND CASH EQUIVALENTS, beginning of period	65,155	48,739
CASH AND CASH EQUIVALENTS, end of period	99,271	107,164
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Interest on deposits and borrowings	1,119	2,751
Prior unrecognized service cost of defined benefit plan transferred to single-employer plan	2,718	0
NONCASH INVESTING ACTIVITIES
Unrealized loss on securities available for sale	(4,428)	(8,502)
Loans transferred to real estate owned and repossessed assets, net of deferred loan fees and allowance for loan losses	0	396
Lease liabilities arising from obtaining right-of-use assets	$ 672	$ 0

Note 1 - Basis of Presentation

Note 1 - Basis of Presentation and Critical Accounting Policies	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Business Description and Accounting Policies [Text Block]	Note 1 Organization and Nature of business January 29, 2015, Pursuant to the Bank's Plan of Conversion (the "Plan") adopted by its Board of Directors, and as approved by its members, the Company established an employee stock ownership plan ("ESOP"). On December 18, 2015, First Northwest's business activities generally are limited to passive investment activities and oversight of its investment in First Fed. Accordingly, the information set forth in this report, including the consolidated unaudited financial statements and related data, relates primarily to the Bank. The Bank is a community-oriented financial institution providing commercial and consumer banking services to individuals and businesses in Western Washington State with offices in Clallam, Jefferson, Kitsap, King, and Whatcom counties. These services include deposit and lending transactions that are supplemented with borrowing and investing activities. Basis of presentation not 10 December 31, 2020 three March 31, 2021 not may In preparing the unaudited interim consolidated financial statements, we are required to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, and expenses. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to a determination of the allowance for loan losses ("ALLL"), fair value of financial instruments, and deferred tax assets and liabilities. Principles of consolidation Subsequent Events 10 Recently adopted accounting pronouncements In December 2019, No. 2019 12, Income Taxes (Topic 740 2019 12 740. December 15, 2020, not In January 2020, No. 2020 01, Investments-Equity Securities (Topic 321 323 815 321, 323, 815 2020 01 December 15, 2020, not Recently issued accounting pronouncements not Credit Losses In June 2016, No. 2016 13, Financial Instruments - Credit Loss No. 2016 13 December 15, 2019, Additional updates were issued in ASU No. 2019 04, Codification Improvements to Topic 326, 815, 825 In addition, new updates were issued through ASU No. 2019 05, Financial Instruments - Credit Losses (Topic 326 326 20 In November 2019, 2019 10 December 15, 2020 December 15, 2022. December 15, 2018. January 1, 2023. The Company is evaluating the provisions of ASU No. 2016 13, No. 2019 04 No. 2019 05, third Other Pronouncements In March 2020, No. 2020 04 Reference Rate Reform (Topic 848 2020 04 March 12, 2020 December 31, 2022. not Reclassifications no

Note 2 - Securities

Note 2 - Securities	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Investments in Debt and Marketable Equity Securities (and Certain Trading Assets) Disclosure [Text Block]	Note 2 The amortized cost, gross unrealized gains and losses, and estimated fair value of securities classified as available-for-sale at March 31, 2021 Gross Gross Estimated Amortized Cost Unrealized Gains Unrealized Losses Fair Value (In thousands) Available for Sale Municipal bonds $ 131,788 $ 2,560 $ (1,856 ) $ 132,492 U.S. government and agency issued bonds (Agency bonds) 1,940 — (27 ) 1,913 U.S. government agency issued asset-backed securities (ABS agency) 64,355 1,637 (82 ) 65,910 Corporate issued asset-backed securities (ABS corporate) 17,620 — (115 ) 17,505 Corporate issued debt securities (Corporate debt) 43,305 920 (335 ) 43,890 U.S. Small Business Administration securities (SBA) 17,399 167 — 17,566 Mortgage-backed securities: U.S. government agency issued mortgage-backed securities (MBS agency) 74,214 581 (779 ) 74,016 Corporate issued mortgage-backed securities (MBS corporate) 40,413 96 (306 ) 40,203 Total securities available for sale $ 391,034 $ 5,961 $ (3,500 ) $ 393,495 The amortized cost, gross unrealized gains and losses, and estimated fair value of securities classified as available-for-sale at December 31, 2020 Gross Gross Estimated Amortized Cost Unrealized Gains Unrealized Losses Fair Value (In thousands) Available for Sale Municipal bonds $ 122,667 $ 5,212 $ (17 ) $ 127,862 ABS agency 62,934 1,240 (354 ) 63,820 ABS corporate 29,661 37 (418 ) 29,280 Corporate debt 35,408 687 (585 ) 35,510 SBA 18,420 144 — 18,564 Mortgage-backed securities: MBS agency 61,859 876 (52 ) 62,683 MBS corporate 26,458 162 (43 ) 26,577 Total securities available for sale $ 357,407 $ 8,358 $ (1,469 ) $ 364,296 There were no securities classified as held-to-maturity at March 31, 2021 December 31, 2020 The following shows the unrealized gross losses and fair value of the investment portfolio by length of time that individual securities in each category have been in a continuous loss position as of March 31, 2021 Less Than Twelve Months Twelve Months or Longer Total Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value (In thousands) Available for Sale Municipal bonds $ (1,727 ) $ 57,025 $ (129 ) $ 3,507 $ (1,856 ) $ 60,532 Agency bonds (27 ) 1,913 — — (27 ) 1,913 ABS agency — — (82 ) 1,938 (82 ) 1,938 ABS corporate — — (115 ) 17,505 (115 ) 17,505 Corporate debt (250 ) 16,746 (85 ) 4,915 (335 ) 21,661 SBA — 53 — 43 — 96 Mortgage-backed securities: MBS agency (777 ) 33,330 (2 ) 1,760 (779 ) 35,090 MBS corporate (306 ) 23,671 — — (306 ) 23,671 Total available for sale $ (3,087 ) $ 132,738 $ (413 ) $ 29,668 $ (3,500 ) $ 162,406 The following shows the unrealized gross losses and fair value of the investment portfolio by length of time that individual securities in each category have been in a continuous loss position as of December 31, 2020 Less Than Twelve Months Twelve Months or Longer Total Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value (In thousands) Available for Sale Municipal bonds $ (15 ) $ 5,214 $ (2 ) $ 1,319 $ (17 ) $ 6,533 ABS agency — — (354 ) 21,430 (354 ) 21,430 ABS corporate — — (418 ) 27,283 (418 ) 27,283 Corporate debt (8 ) 5,892 (577 ) 9,409 (585 ) 15,301 SBA — 63 — 47 — 110 Mortgage-backed securities: MBS agency (52 ) 18,516 — 261 (52 ) 18,777 MBS corporate (43 ) 10,003 — — (43 ) 10,003 Total available for sale $ (118 ) $ 39,688 $ (1,351 ) $ 59,749 $ (1,469 ) $ 99,437 The Company may not March 31, 2021 December 31, 2020 We believe that the unrealized losses on our investment securities relate principally to the general change in interest rates, market demand, and related volatility, rather than credit quality, that has occurred since the initial purchase, and such unrecognized losses or gains will continue to vary with general interest rate level and market fluctuations in the future. Certain investments in a loss position are guaranteed by government entities or government sponsored entities. The Company does not not There were no OTTI losses during the three March 31, 2021 2020 The amortized cost and estimated fair value of investment securities by contractual maturity are shown in the following tables at the dates indicated. Expected maturities of mortgage-backed securities may may March 31, 2021 Available-for-Sale Amortized Cost Estimated Fair Value (In thousands) Mortgage-backed securities: Due within one year $ 48 $ 50 Due after one through five years 21,235 21,207 Due after five through ten years 1,994 1,953 Due after ten years 91,350 91,009 Total mortgage-backed securities 114,627 114,219 All other investment securities: Due within one year — — Due after one through five years 1,344 1,344 Due after five through ten years 75,507 76,038 Due after ten years 199,556 201,894 Total all other investment securities 276,407 279,276 Total investment securities $ 391,034 $ 393,495 December 31, 2020 Available-for-Sale Amortized Cost Estimated Fair Value (In thousands) Mortgage-backed securities: Due within one year $ 80 $ 84 Due after one through five years 12,446 12,402 Due after five through ten years — — Due after ten years 75,791 76,774 Total mortgage-backed securities 88,317 89,260 All other investment securities: Due within one year — — Due after one through five years 2,210 2,328 Due after five through ten years 74,568 74,351 Due after ten years 192,312 198,357 Total all other investment securities 269,090 275,036 Total investment securities $ 357,407 $ 364,296 Sales of securities available-for-sale for the periods shown are summarized as follows: Three Months Ended March 31, 2021 2020 (In thousands) Proceeds from sales $ — $ 40,073 Gross realized gains — 637 Gross realized losses — (32 )

Note 3 - Loans Receivable

Note 3 - Loans Receivable	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Loans, Notes, Trade and Other Receivables Disclosure [Text Block]	Note 3 Loans receivable consisted of the following at the dates indicated: March 31, 2021 December 31, 2020 (In thousands) Real Estate: One-to-four family $ 295,831 $ 309,828 Multi-family 162,487 162,467 Commercial real estate 296,826 296,574 Construction and land 157,316 123,627 Total real estate loans 912,460 892,496 Consumer: Home equity 33,713 33,103 Auto and other consumer 139,134 128,233 Total consumer loans 172,847 161,336 Commercial business loans 83,033 100,201 Total loans 1,168,340 1,154,033 Less: Net deferred loan fees 4,983 4,346 Premium on purchased loans, net (7,347 ) (6,129 ) Allowance for loan losses 14,265 13,847 Total loans receivable, net $ 1,156,439 $ 1,141,969 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 March 31, 2021 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 $ 3,469 $ 1,764 $ 3,420 $ 1,461 $ 368 $ 2,642 $ 429 $ 294 $ 13,847 (Recapture of) provision for loan losses (59 ) 58 209 426 (6 ) (197 ) 54 15 500 Charge-offs — — — — — (229 ) — — (229 ) Recoveries 6 — — 3 17 121 — — 147 Ending balance $ 3,416 $ 1,822 $ 3,629 $ 1,890 $ 379 $ 2,337 $ 483 $ 309 $ 14,265 At March 31, 2021 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 $ 3,416 $ 1,822 $ 3,629 $ 1,890 $ 379 $ 2,337 $ 483 $ 309 $ 14,265 General reserve 3,384 1,822 3,628 1,890 374 2,126 483 309 14,016 Specific reserve 32 — 1 — 5 211 — — 249 Total loans $ 295,831 $ 162,487 $ 296,826 $ 157,316 $ 33,713 $ 139,134 $ 83,033 $ — $ 1,168,340 Loans collectively evaluated (1) 293,228 162,206 295,560 157,291 33,560 138,059 83,033 — 1,162,937 Loans individually evaluated (2) 2,603 281 1,266 25 153 1,075 — — 5,403 ( 1 ( 2 At or For the Three Months Ended March 31, 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 319 35 479 191 (6 ) 176 42 30 1,266 Charge-offs — — — — — (134 ) — — (134 ) Recoveries 53 — — 2 1 14 — — 70 Ending balance $ 3,396 $ 923 $ 2,722 $ 592 $ 449 $ 2,317 $ 250 $ 181 $ 10,830 At December 31, 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 $ 3,469 $ 1,764 $ 3,420 $ 1,461 $ 368 $ 2,642 $ 429 $ 294 $ 13,847 General reserve 3,433 1,764 3,419 1,461 364 2,366 429 294 13,530 Specific reserve 36 — 1 — 4 276 — — 317 Total loans $ 309,828 $ 162,467 $ 296,574 $ 123,627 $ 33,103 $ 128,233 $ 100,201 $ — $ 1,154,033 Loans collectively evaluated (1) 306,862 162,183 295,296 123,601 32,968 127,411 100,201 — 1,148,522 Loans individually evaluated (2) 2,966 284 1,278 26 135 822 — — 5,511 ( 1 ( 2 Impaired loans. may The following table presents a summary of loans individually evaluated for impairment by portfolio segment at the dates indicated: March 31, 2021 December 31, 2020 Recorded Investment Unpaid Principal Balance Related Allowance Recorded Investment Unpaid Principal Balance Related Allowance (In thousands) With no allowance recorded: One-to-four family $ 223 $ 254 $ — $ 227 $ 257 $ — Multi-family 281 281 — 284 284 — Commercial real estate 1,209 1,306 — 1,216 1,308 — Construction and land — — — — 29 — Home equity 36 68 — 37 94 — Auto and other consumer 105 227 — — 224 — Commercial business — — — — — — Total 1,854 2,136 — 1,764 2,196 — With an allowance recorded: One-to-four family 2,380 2,560 32 2,739 2,941 36 Multi-family — — — — — — Commercial real estate 57 57 1 62 62 1 Construction and land 25 52 — 26 26 — Home equity 117 175 5 98 157 4 Auto and other consumer 970 1,021 211 822 953 276 Commercial business — — — — — — Total 3,549 3,865 249 3,747 4,139 317 Total impaired loans: One-to-four family 2,603 2,814 32 2,966 3,198 36 Multi-family 281 281 — 284 284 — Commercial real estate 1,266 1,363 1 1,278 1,370 1 Construction and land 25 52 — 26 55 — Home equity 153 243 5 135 251 4 Auto and other consumer 1,075 1,248 211 822 1,177 276 Commercial business — — — — — — Total $ 5,403 $ 6,001 $ 249 $ 5,511 $ 6,335 $ 317 The following table presents the average recorded investment in loans individually evaluated for impairment and the related interest income recognized for the period shown: Three Months Ended March 31, 2021 Average Recorded Investment Interest Income Recognized (In thousands) With no allowance recorded: One-to-four family $ 226 $ 4 Multi-family 282 5 Commercial real estate 1,212 18 Construction and land — — Home equity 36 — Auto and other consumer 35 8 Commercial business — — Total 1,791 35 With an allowance recorded: One-to-four family 2,507 51 Multi-family — — Commercial real estate 58 1 Construction and land 26 2 Home equity 111 3 Auto and other consumer 865 12 Commercial business — — Total 3,567 69 Total impaired loans: One-to-four family 2,733 55 Multi-family 282 5 Commercial real estate 1,270 19 Construction and land 26 2 Home equity 147 3 Auto and other consumer 900 20 Commercial business — — Total $ 5,358 $ 104 Interest income recognized on a cash basis on impaired loans for the three March 31, 2021 The following table presents the average recorded investment in loans individually evaluated for impairment and the related interest income recognized for the period shown: Three Months Ended March 31, 2020 Average Recorded Investment Interest Income Recognized (In thousands) With no allowance recorded: One-to-four family $ 108 $ 1 Multi-family 99 — Commercial real estate 1,231 15 Home equity 42 3 Auto and other consumer — 10 Commercial business — — Total 1,480 29 With an allowance recorded: One-to-four family 2,676 64 Multi-family 305 — Commercial real estate 643 — Construction and land 28 2 Home equity 248 6 Auto and other consumer 689 17 Commercial business 263 — Total 4,852 89 Total impaired loans: One-to-four family 2,784 65 Multi-family 404 — Commercial real estate 1,874 15 Construction and land 28 2 Home equity 290 9 Auto and other consumer 689 27 Commercial business 263 — Total $ 6,332 $ 118 Interest income recognized on a cash basis on impaired loans for the three March 31, 2020 The following table presents the recorded investment in nonaccrual loans by class of loan at the dates indicated: March 31, 2021 December 31, 2020 (In thousands) One-to-four family $ 796 $ 912 Multi-family — 284 Commercial real estate 145 157 Construction and land 25 26 Home equity 93 73 Auto and other consumer 1,076 821 Commercial business — — Total nonaccrual loans $ 2,135 $ 2,273 Past due loans. not 90 March 31, 2021 December 31, 2020 The following table presents past due loans, net of partial loan charge-offs, by class, as of March 31, 2021 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 $ 585 $ — $ — $ 585 $ 295,246 $ 295,831 Multi-family — — — — 162,487 162,487 Commercial real estate — — — — 296,826 296,826 Construction and land 53 — — 53 157,263 157,316 Total real estate loans 638 — — 638 911,822 912,460 Consumer: Home equity 80 12 21 113 33,600 33,713 Auto and other consumer 288 208 239 735 138,399 139,134 Total consumer loans 368 220 260 848 171,999 172,847 Commercial business loans — — — — 83,033 83,033 Total loans $ 1,006 $ 220 $ 260 $ 1,486 $ 1,166,854 $ 1,168,340 The following table presents past due loans, net of partial loan charge-offs, by class, as of December 31, 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 $ 406 $ 132 $ 29 $ 567 $ 309,261 $ 309,828 Multi-family — — — — 162,467 162,467 Commercial real estate — — — — 296,574 296,574 Construction and land 56 — 26 82 123,545 123,627 Total real estate loans 462 132 55 649 891,847 892,496 Consumer: Home equity 94 — — 94 33,009 33,103 Auto and other consumer 815 138 137 1,090 127,143 128,233 Total consumer loans 909 138 137 1,184 160,152 161,336 Commercial business loans — — — — 100,201 100,201 Total loans $ 1,371 $ 270 $ 192 $ 1,833 $ 1,152,200 $ 1,154,033 Credit quality indicator. 6, 7, 8 8 not not When the Bank classifies problem assets as either substandard or doubtful, it may not not 4 5 not 1 3 Additionally, the Bank 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 March 31, 2021 Pass Watch Special Mention Substandard Total (In thousands) Real Estate: One-to-four family $ 291,735 $ 866 $ 1,715 $ 1,515 $ 295,831 Multi-family 146,318 16,169 — — 162,487 Commercial real estate 235,018 36,256 14,453 11,099 296,826 Construction and land 146,451 9,930 874 61 157,316 Total real estate loans 819,522 63,221 17,042 12,675 912,460 Consumer: Home equity 33,236 259 100 118 33,713 Auto and other consumer 135,471 1,808 740 1,115 139,134 Total consumer loans 168,707 2,067 840 1,233 172,847 Commercial business loans 73,154 9,647 — 232 83,033 Total loans $ 1,061,383 $ 74,935 $ 17,882 $ 14,140 $ 1,168,340 The following table represents the internally assigned grade as of December 31, 2020 Pass Watch Special Mention Substandard Total (In thousands) Real Estate: One-to-four family $ 303,840 $ 2,487 $ 1,730 $ 1,771 $ 309,828 Multi-family 146,536 15,647 — 284 162,467 Commercial real estate 250,970 20,759 20,690 4,155 296,574 Construction and land 114,575 8,914 74 64 123,627 Total real estate loans 815,921 47,807 22,494 6,274 892,496 Consumer: Home equity 32,500 349 100 154 33,103 Auto and other consumer 124,115 2,034 1,216 868 128,233 Total consumer loans 156,615 2,383 1,316 1,022 161,336 Commercial business loans 92,010 7,791 168 232 100,201 Total loans $ 1,064,546 $ 57,981 $ 23,978 $ 7,528 $ 1,154,033 The following table represents the credit risk profile based on payment activity as of March 31, 2021 Nonperforming Performing Total (In thousands) Real Estate: One-to-four family $ 796 $ 295,035 $ 295,831 Multi-family — 162,487 162,487 Commercial real estate 145 296,681 296,826 Construction and land 25 157,291 157,316 Consumer: Home equity 93 33,620 33,713 Auto and other consumer 1,076 138,058 139,134 Commercial business — 83,033 83,033 Total loans $ 2,135 $ 1,166,205 $ 1,168,340 The following table represents the credit risk profile based on payment activity as of December 31, 2020 Nonperforming Performing Total (In thousands) Real Estate: One-to-four family $ 912 $ 308,916 $ 309,828 Multi-family 284 162,183 162,467 Commercial real estate 157 296,417 296,574 Construction and land 26 123,601 123,627 Consumer: Home equity 73 33,030 33,103 Auto and other consumer 821 127,412 128,233 Commercial business — 100,201 100,201 Total loans $ 2,273 $ 1,151,760 $ 1,154,033 Troubled debt restructuring. The Coronavirus Aid, Relief, and Economic Security Act of 2020 March 27, 2020 ( 19 not six 30 2021, 60 19 January 1, 2022. March 31, 2021 19 not The following table is a summary of COVID- 19 March 31, 2021 Count Balance Percent (Dollars in Thousands) Real Estate: One-to-four family — $ — 0.0 % Multi-family 1 918 11.4 Commercial real estate 2 7,122 88.5 Construction and land — — — Total real estate loans 3 8,040 99.9 Consumer: Home equity — — — Auto and other consumer 1 12 0.1 Total consumer loans 1 12 0.1 Commercial business loans — — — Total loans 4 $ 8,052 100.0 % The following table is a summary of information pertaining to TDR loans included in impaired loans at the dates indicated: March 31, 2021 December 31, 2020 (In thousands) Total TDR loans $ 1,973 $ 2,224 Allowance for loan losses related to TDR loans 24 26 Total nonaccrual TDR loans 107 108 There were no newly restructured and renewals or modifications of existing TDR loans that occurred during the three March 31, 2021 2020 There were no TDR loans which incurred a payment default within 12 three March 31, 2021 2020 No additional funds were committed to be advanced in connection with impaired loans at March 31, 2021 The following table presents TDR loans by class at the dates indicated by accrual and nonaccrual status. March 31, 2021 December 31, 2020 Accrual Nonaccrual Total Accrual Nonaccrual Total (In thousands) One-to-four family $ 1,807 $ 107 $ 1,914 $ 2,054 $ 108 $ 2,162 Home equity 59 — 59 62 — 62 Total TDR loans $ 1,866 $ 107 $ 1,973 $ 2,116 $ 108 $ 2,224

Note 4 - Deposits

Note 4 - Deposits	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Deposit Liabilities Disclosures [Text Block]	Note 4 The aggregate amount of time deposits in excess of the Federal Deposit Insurance Corporation ("FDIC") insured limit, currently $250,000, March 31, 2021 December 31, 2020 March 31, 2021 December 31, 2020 Amount Weighted-Average Interest Rate Amount Weighted-Average Interest Rate (Dollars in thousands) Savings $ 186,173 0.27 % $ 164,434 0.17 % Transaction accounts 466,143 0.00 % 431,171 0.01 % Money market accounts 495,265 0.23 % 429,143 0.31 % Certificates of deposit 287,226 0.80 % 308,769 1.00 % $ 1,434,807 0.28 % $ 1,333,517 0.36 % Maturities of certificates at the dates indicated are as follows: March 31, 2021 December 31, 2020 (In thousands) Within one year or less $ 184,108 $ 185,804 After one year through two years 51,647 70,705 After two years through three years 37,591 37,417 After three years through four years 7,227 6,938 After four years through five years 6,653 7,905 After five years — — $ 287,226 $ 308,769 Brokered certificates of deposits of $85.9 million and $89.6 million are included in the March 31, 2021 December 31, 2020 At March 31, 2021 December 31, 2020 March 31, 2021 December 31, 2020 Interest on deposits by type for the periods shown was as follows: Three Months Ended March 31, 2021 2020 (In thousands) Savings $ 40 $ 340 Transaction accounts 7 19 Money market accounts 286 356 Certificates of deposit 601 1,423 $ 934 $ 2,138

Note 5 - Federal Taxes on Incom

Note 5 - Federal Taxes on Income	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Income Tax Disclosure [Text Block]	Note 5 Deferred tax assets and liabilities are recognized for the future tax consequences attributable to temporary differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax basis. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. These calculations are based on many complex factors including estimates of the timing of reversals of temporary differences, the interpretation of federal income tax laws, and a determination of the differences between the tax and the financial reporting basis of assets and liabilities. Actual results could differ significantly from the estimates and interpretations used in determining the current and deferred income tax assets and liabilities. The effective tax rates were 13.2% and 18.9% for the three March 31, 2021 2020 2021 2020 21% first 2021.

Note 6 - Earnings Per Share

Note 6 - Earnings Per Share	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Earnings Per Share [Text Block]	Note 6 Basic earnings per share is computed by dividing income available to common shareholders by the weighted average number of common shares outstanding for the period. 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. In addition, nonvested share-based payment awards that contain nonforfeitable rights to dividends or dividend equivalents are considered participating securities and are included in the computation of earnings per share. The following table presents a reconciliation of the components used to compute basic and diluted earnings per share for the three March 31, 2021 2020 Three Months Ended March 31, 2021 2020 (In thousands, except share data) Numerator: Net income $ 3,120 $ 873 Denominator: Basic weighted average common shares outstanding 9,094,354 9,624,727 Dilutive restricted stock grants 91,371 51,650 Diluted weighted average common shares outstanding 9,185,725 9,676,377 Basic earnings per share $ 0.34 $ 0.09 Diluted earnings per share $ 0.34 $ 0.09 Unallocated ESOP shares are not March 31, 2021 2020

Note 7 - Employee Benefits

Note 7 - Employee Benefits	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Compensation and Employee Benefit Plans [Text Block]	Note 7 Change from Multi-employer to Single-employer Pension Plan Effective March 23, 2021, March 23, 2021, The Bank DB Plan is a defined benefit pension plan covering current and former employees. Benefits available under the plan are frozen. The plan provides defined benefits based on years of service and final average salary prior to the freeze. The Company uses December 31 March 23, 2021 – December 31, 2021. The fair value of plan assets and projected benefit obligation on the March 23, 2021, $2,717,599 March 2021 March 31, 2021 Weighted-average assumptions used to determine pension benefit obligations at year-end include a 2.95% discount rate and a 0% rate of compensation increase. The weighted average assumptions used to determine net periodic pension cost include 2.95% discount rate, 5.75% expected return on plan assets and a 0% rate of compensation increase. The 5.75% Employee Stock Ownership Plan In connection with the Conversion, the Company established an ESOP for eligible employees of the Company and the Bank. Employees of the Company and the Bank who have been credited with at least 1,000 Pursuant to the Plan, the ESOP purchased shares in the open market with funds borrowed from First Northwest. The Bank will make contributions to the ESOP in amounts necessary to amortize the ESOP loan payable to First Northwest over a period of 20 years, bearing estimated interest at 2.46%. 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. No three March 31, 2021 As shares are committed to be released from collateral, the Company reports compensation expense equal to the average daily market prices of the shares and the shares become outstanding for EPS 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 March 31, 2021 2020 Shares issued to the ESOP as of the dates indicated are as follows: March 31, 2021 December 31, 2020 (Dollars in thousands) Allocated shares 306,949 306,949 Committed to be released shares 13,221 — Unallocated shares 727,859 741,080 Total ESOP shares issued 1,048,029 1,048,029 Fair value of unallocated shares $ 12,097 $ 11,561

Note 8 - Stock-based Compensati

Note 8 - Stock-based Compensation	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Share-based Payment Arrangement [Text Block]	Note 8 In May 2020, 2020 "2020 May 2030. 2020 may 2020 March 31, 2021 2020 As a result of the approval of the 2020 2015 "2015 March 31, 2021 2015 2015 2015 There were 84,896 and 35,100 shares of restricted stock awarded, respectively, during the three March 31, 2021 2020 three five For the three March 31, 2021 2020 Included in the above compensation expense for the three March 31, 2021 2020 The following table provide a summary of changes in non-vested restricted stock awards for the period shown: For the Three Months Ended March 31, 2021 Shares Weighted-Average Grant Date Fair Value Non-vested at January 1, 2021 292,892 $ 13.96 Granted 84,896 18.60 Vested (5,620 ) 16.42 Canceled (1) (600 ) 16.42 Non-vested at March 31, 2021 371,568 $ 14.98 (1) A surrender of vested stock awards by a participant surrendering the number of shares valued at the current stock price at the vesting date to cover the participant's share of tax on the vested shares. The surrendered shares are canceled and are unavailable for reissue. As of March 31, 2021

Note 9 - Fair Value Accounting

Note 9 - Fair Value Accounting and Measurement	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Fair Value Disclosures [Text Block]	Note 9 Fair value is the price to sell an asset or transfer a liability in an orderly transaction between market participants in the Company’s principal market. The Company has established and documented its process for determining the fair values of its assets and liabilities, where applicable. Fair value is based on quoted market prices, when available, for identical or similar assets or liabilities. In the absence of quoted market prices, management determines the fair value of the Company’s assets and liabilities using valuation models or third may Any changes to valuation methodologies are reviewed by management to ensure they are relevant and justified. Valuation methodologies are refined as more market-based data becomes available. A three three Level 1 Level 2 Level 3 The hierarchy gives the highest ranking to Level 1 3 Qualitative disclosures of valuation techniques 1. 1 If quoted prices are not 2, 3. Assets and liabilities measured at fair value on a recurring basis March 31, 2021 Quoted Prices in Active Markets for Identical Assets or Liabilities Significant Other Observable Inputs Significant Unobservable Inputs (Level 1) (Level 2) (Level 3) Total (In thousands) Securities available-for-sale Municipal bonds $ — $ 132,492 $ — $ 132,492 Agency bonds — 1,913 — 1,913 ABS agency — 65,910 — 65,910 ABS corporate — 17,505 — 17,505 Corporate debt — 43,890 — 43,890 SBA — 17,566 — 17,566 MBS agency — 74,016 — 74,016 MBS corporate — 40,203 — 40,203 $ — $ 393,495 $ — $ 393,495 December 31, 2020 Quoted Prices in Active Markets for Identical Assets or Liabilities Significant Other Observable Inputs Significant Unobservable Inputs (Level 1) (Level 2) (Level 3) Total (In thousands) Securities available-for-sale Municipal bonds $ — $ 127,862 $ — $ 127,862 ABS agency — 63,820 — 63,820 ABS corporate — 29,280 — 29,280 Corporate debt — 32,970 2,540 35,510 SBA — 18,564 — 18,564 MBS agency — 62,683 — 62,683 MBS corporate — 20,205 6,372 26,577 $ — $ 355,384 $ 8,912 $ 364,296 The significant unobservable inputs in the fair value measurement of the Company's Level 3 3 December 31, 2020 Fair Value (In thousands) Valuation Technique Unobservable Input Range (a) Corporate debt $ 1,540 Consensus pricing Offered quotes 89 - 91 Comparability adjustments (%) -0.7% - +1.3% 1,000 Consensus pricing Offered quotes 92 100 Comparability adjustments (%) -7.4% - 0% MBS corporate 6,372 Consensus pricing Offered quotes 104 107 Comparability adjustments (%) -1.5% - +1.5% (a) Unobservable inputs were weighted by the relative fair value of the instruments. The following tables summarize the changes in Level 3 March 31, 2021 Balance at Beginning of Period Transfers Out of Level 3 (1) Purchases Unrealized Total (In thousands) Securities available for sale Corporate debt $ 2,540 $ (2,540 ) $ — $ — $ — MBS corporate 6,372 (6,372 ) — — — $ 8,912 $ (8,912 ) $ — $ — $ — (1) Transferred from Level 3 to Level 2 after obtaining observable market data. December 31, 2020 Balance at Beginning of Period Transfers Into Level 3 (1) Purchases Unrealized Total (In thousands) Securities available for sale Corporate debt $ — $ 1,540 $ 1,000 $ — $ 2,540 MBS corporate — — 6,372 — 6,372 $ — $ 1,540 $ 7,372 $ — $ 8,912 (1) Transferred from Level 2 to Level 3 because of a lack of observable market data, resulting from little to no market activity for the securities. Assets and liabilities measured at fair value on a nonrecurring basis not The following tables present the Company’s assets measured at fair value on a nonrecurring basis at the dates indicated: March 31, 2021 Level 1 Level 2 Level 3 Total (In thousands) Impaired loans $ — $ — $ 5,403 $ 5,403 December 31, 2020 Level 1 Level 2 Level 3 Total (In thousands) Impaired loans $ — $ — $ 5,511 $ 5,511 At March 31, 2021 December 31, 2020 The following tables present the carrying value and estimated fair value of financial instruments at the dates indicated: March 31, 2021 Fair Value Measurements Using: Carrying Amount Estimated Fair Value Level 1 Level 2 Level 3 (In thousands) Financial assets Cash and cash equivalents $ 15,827 $ 15,827 $ 15,827 $ — $ — Investment securities available for sale 393,495 393,495 — 393,495 — Loans held for sale 4,037 4,037 — 4,037 — Loans receivable, net 1,156,439 1,147,018 — — 1,147,018 FHLB stock 3,997 3,997 — 3,997 — Accrued interest receivable 6,251 6,251 — 6,251 — Mortgage servicing rights, net 2,309 2,499 — — 2,499 Financial liabilities Demand deposits $ 1,147,581 $ 1,147,581 $ 1,147,581 $ — $ — Time deposits 287,226 288,807 — 288,807 — FHLB Borrowings 50,000 50,447 — 50,447 — Subordinated debt 39,310 39,310 — 39,310 — Accrued interest payable 84 84 — 84 — December 31, 2020 Fair Value Measurements Using: Carrying Amount Estimated Fair Value Level 1 Level 2 Level 3 (In thousands) Financial assets Cash and cash equivalents $ 65,155 $ 65,155 $ 65,155 $ — $ — Investment securities available for sale 364,296 364,296 — 355,384 8,912 Loans held for sale 3,753 3,753 — 3,753 — Loans receivable, net 1,141,969 1,129,570 — — 1,129,570 FHLB stock 5,977 5,977 — 5,977 — Accrued interest receivable 6,966 6,966 — 6,966 — Mortgage servicing rights, net 2,120 2,189 — — 2,189 Financial liabilities Demand deposits $ 1,024,748 $ 1,024,748 $ 1,024,748 $ — $ — Time deposits 308,769 310,992 — 310,992 — FHLB Borrowings 109,977 111,462 — 111,462 — Accrued interest payable 53 53 — 53 — Financial assets and liabilities other than investment securities are not not 825, Financial Instruments 2016 01 January 1, 2018, Securities third third third Loans receivable, net March 31, 2021 820 Mortgage servicing rights, net no

Note 10 - Subsequent Event

Note 10 - Subsequent Event	3 Months Ended
	Mar. 31, 2021
Notes to Financial Statements
Subsequent Events [Text Block]	Note 10 On April 15, 2021,

Significant Accounting Policies

Significant Accounting Policies (Policies)	3 Months Ended
	Mar. 31, 2021
Accounting Policies [Abstract]
Basis of Accounting, Policy [Policy Text Block]	Basis of presentation not 10 December 31, 2020 three March 31, 2021 not may In preparing the unaudited interim consolidated financial statements, we are required to make estimates and assumptions that affect the reported amounts of assets, liabilities, revenues, and expenses. Actual results could differ from those estimates. Material estimates that are particularly susceptible to significant change in the near term relate to a determination of the allowance for loan losses ("ALLL"), fair value of financial instruments, and deferred tax assets and liabilities.
Consolidation, Policy [Policy Text Block]	Principles of consolidation
Subsequent Events, Policy [Policy Text Block]	Subsequent Events 10
New Accounting Pronouncements, Policy [Policy Text Block]	Recently adopted accounting pronouncements In December 2019, No. 2019 12, Income Taxes (Topic 740 2019 12 740. December 15, 2020, not In January 2020, No. 2020 01, Investments-Equity Securities (Topic 321 323 815 321, 323, 815 2020 01 December 15, 2020, not Recently issued accounting pronouncements not Credit Losses In June 2016, No. 2016 13, Financial Instruments - Credit Loss No. 2016 13 December 15, 2019, Additional updates were issued in ASU No. 2019 04, Codification Improvements to Topic 326, 815, 825 In addition, new updates were issued through ASU No. 2019 05, Financial Instruments - Credit Losses (Topic 326 326 20 In November 2019, 2019 10 December 15, 2020 December 15, 2022. December 15, 2018. January 1, 2023. The Company is evaluating the provisions of ASU No. 2016 13, No. 2019 04 No. 2019 05, third Other Pronouncements In March 2020, No. 2020 04 Reference Rate Reform (Topic 848 2020 04 March 12, 2020 December 31, 2022. not
Reclassification, Comparability Adjustment [Policy Text Block]	Reclassifications no

Note 2 - Securities (Tables)

Note 2 - Securities (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Schedule of Available-for-sale and Held-to-Maturity Securities Reconciliation [Table Text Block]	Gross Gross Estimated Amortized Cost Unrealized Gains Unrealized Losses Fair Value (In thousands) Available for Sale Municipal bonds $ 131,788 $ 2,560 $ (1,856 ) $ 132,492 U.S. government and agency issued bonds (Agency bonds) 1,940 — (27 ) 1,913 U.S. government agency issued asset-backed securities (ABS agency) 64,355 1,637 (82 ) 65,910 Corporate issued asset-backed securities (ABS corporate) 17,620 — (115 ) 17,505 Corporate issued debt securities (Corporate debt) 43,305 920 (335 ) 43,890 U.S. Small Business Administration securities (SBA) 17,399 167 — 17,566 Mortgage-backed securities: U.S. government agency issued mortgage-backed securities (MBS agency) 74,214 581 (779 ) 74,016 Corporate issued mortgage-backed securities (MBS corporate) 40,413 96 (306 ) 40,203 Total securities available for sale $ 391,034 $ 5,961 $ (3,500 ) $ 393,495 Gross Gross Estimated Amortized Cost Unrealized Gains Unrealized Losses Fair Value (In thousands) Available for Sale Municipal bonds $ 122,667 $ 5,212 $ (17 ) $ 127,862 ABS agency 62,934 1,240 (354 ) 63,820 ABS corporate 29,661 37 (418 ) 29,280 Corporate debt 35,408 687 (585 ) 35,510 SBA 18,420 144 — 18,564 Mortgage-backed securities: MBS agency 61,859 876 (52 ) 62,683 MBS corporate 26,458 162 (43 ) 26,577 Total securities available for sale $ 357,407 $ 8,358 $ (1,469 ) $ 364,296
Available-for-sale Securities, Continuous Unrealized Loss Position, Fair Value [Table Text Block]	Less Than Twelve Months Twelve Months or Longer Total Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value (In thousands) Available for Sale Municipal bonds $ (1,727 ) $ 57,025 $ (129 ) $ 3,507 $ (1,856 ) $ 60,532 Agency bonds (27 ) 1,913 — — (27 ) 1,913 ABS agency — — (82 ) 1,938 (82 ) 1,938 ABS corporate — — (115 ) 17,505 (115 ) 17,505 Corporate debt (250 ) 16,746 (85 ) 4,915 (335 ) 21,661 SBA — 53 — 43 — 96 Mortgage-backed securities: MBS agency (777 ) 33,330 (2 ) 1,760 (779 ) 35,090 MBS corporate (306 ) 23,671 — — (306 ) 23,671 Total available for sale $ (3,087 ) $ 132,738 $ (413 ) $ 29,668 $ (3,500 ) $ 162,406 Less Than Twelve Months Twelve Months or Longer Total Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value Gross Unrealized Losses Fair Value (In thousands) Available for Sale Municipal bonds $ (15 ) $ 5,214 $ (2 ) $ 1,319 $ (17 ) $ 6,533 ABS agency — — (354 ) 21,430 (354 ) 21,430 ABS corporate — — (418 ) 27,283 (418 ) 27,283 Corporate debt (8 ) 5,892 (577 ) 9,409 (585 ) 15,301 SBA — 63 — 47 — 110 Mortgage-backed securities: MBS agency (52 ) 18,516 — 261 (52 ) 18,777 MBS corporate (43 ) 10,003 — — (43 ) 10,003 Total available for sale $ (118 ) $ 39,688 $ (1,351 ) $ 59,749 $ (1,469 ) $ 99,437
Investments Classified by Contractual Maturity Date [Table Text Block]	March 31, 2021 Available-for-Sale Amortized Cost Estimated Fair Value (In thousands) Mortgage-backed securities: Due within one year $ 48 $ 50 Due after one through five years 21,235 21,207 Due after five through ten years 1,994 1,953 Due after ten years 91,350 91,009 Total mortgage-backed securities 114,627 114,219 All other investment securities: Due within one year — — Due after one through five years 1,344 1,344 Due after five through ten years 75,507 76,038 Due after ten years 199,556 201,894 Total all other investment securities 276,407 279,276 Total investment securities $ 391,034 $ 393,495 December 31, 2020 Available-for-Sale Amortized Cost Estimated Fair Value (In thousands) Mortgage-backed securities: Due within one year $ 80 $ 84 Due after one through five years 12,446 12,402 Due after five through ten years — — Due after ten years 75,791 76,774 Total mortgage-backed securities 88,317 89,260 All other investment securities: Due within one year — — Due after one through five years 2,210 2,328 Due after five through ten years 74,568 74,351 Due after ten years 192,312 198,357 Total all other investment securities 269,090 275,036 Total investment securities $ 357,407 $ 364,296
Schedule of Realized Gain (Loss) [Table Text Block]	Three Months Ended March 31, 2021 2020 (In thousands) Proceeds from sales $ — $ 40,073 Gross realized gains — 637 Gross realized losses — (32 )

Note 3 - Loans Receivable (Tabl

Note 3 - Loans Receivable (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	March 31, 2021 December 31, 2020 (In thousands) Real Estate: One-to-four family $ 295,831 $ 309,828 Multi-family 162,487 162,467 Commercial real estate 296,826 296,574 Construction and land 157,316 123,627 Total real estate loans 912,460 892,496 Consumer: Home equity 33,713 33,103 Auto and other consumer 139,134 128,233 Total consumer loans 172,847 161,336 Commercial business loans 83,033 100,201 Total loans 1,168,340 1,154,033 Less: Net deferred loan fees 4,983 4,346 Premium on purchased loans, net (7,347 ) (6,129 ) Allowance for loan losses 14,265 13,847 Total loans receivable, net $ 1,156,439 $ 1,141,969
Financing Receivable, Allowance for Credit Loss [Table Text Block]	At or For the Three Months Ended March 31, 2021 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 $ 3,469 $ 1,764 $ 3,420 $ 1,461 $ 368 $ 2,642 $ 429 $ 294 $ 13,847 (Recapture of) provision for loan losses (59 ) 58 209 426 (6 ) (197 ) 54 15 500 Charge-offs — — — — — (229 ) — — (229 ) Recoveries 6 — — 3 17 121 — — 147 Ending balance $ 3,416 $ 1,822 $ 3,629 $ 1,890 $ 379 $ 2,337 $ 483 $ 309 $ 14,265 At March 31, 2021 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 $ 3,416 $ 1,822 $ 3,629 $ 1,890 $ 379 $ 2,337 $ 483 $ 309 $ 14,265 General reserve 3,384 1,822 3,628 1,890 374 2,126 483 309 14,016 Specific reserve 32 — 1 — 5 211 — — 249 Total loans $ 295,831 $ 162,487 $ 296,826 $ 157,316 $ 33,713 $ 139,134 $ 83,033 $ — $ 1,168,340 Loans collectively evaluated (1) 293,228 162,206 295,560 157,291 33,560 138,059 83,033 — 1,162,937 Loans individually evaluated (2) 2,603 281 1,266 25 153 1,075 — — 5,403 At or For the Three Months Ended March 31, 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 319 35 479 191 (6 ) 176 42 30 1,266 Charge-offs — — — — — (134 ) — — (134 ) Recoveries 53 — — 2 1 14 — — 70 Ending balance $ 3,396 $ 923 $ 2,722 $ 592 $ 449 $ 2,317 $ 250 $ 181 $ 10,830 At December 31, 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 $ 3,469 $ 1,764 $ 3,420 $ 1,461 $ 368 $ 2,642 $ 429 $ 294 $ 13,847 General reserve 3,433 1,764 3,419 1,461 364 2,366 429 294 13,530 Specific reserve 36 — 1 — 4 276 — — 317 Total loans $ 309,828 $ 162,467 $ 296,574 $ 123,627 $ 33,103 $ 128,233 $ 100,201 $ — $ 1,154,033 Loans collectively evaluated (1) 306,862 162,183 295,296 123,601 32,968 127,411 100,201 — 1,148,522 Loans individually evaluated (2) 2,966 284 1,278 26 135 822 — — 5,511
Impaired Financing Receivables [Table Text Block]	March 31, 2021 December 31, 2020 Recorded Investment Unpaid Principal Balance Related Allowance Recorded Investment Unpaid Principal Balance Related Allowance (In thousands) With no allowance recorded: One-to-four family $ 223 $ 254 $ — $ 227 $ 257 $ — Multi-family 281 281 — 284 284 — Commercial real estate 1,209 1,306 — 1,216 1,308 — Construction and land — — — — 29 — Home equity 36 68 — 37 94 — Auto and other consumer 105 227 — — 224 — Commercial business — — — — — — Total 1,854 2,136 — 1,764 2,196 — With an allowance recorded: One-to-four family 2,380 2,560 32 2,739 2,941 36 Multi-family — — — — — — Commercial real estate 57 57 1 62 62 1 Construction and land 25 52 — 26 26 — Home equity 117 175 5 98 157 4 Auto and other consumer 970 1,021 211 822 953 276 Commercial business — — — — — — Total 3,549 3,865 249 3,747 4,139 317 Total impaired loans: One-to-four family 2,603 2,814 32 2,966 3,198 36 Multi-family 281 281 — 284 284 — Commercial real estate 1,266 1,363 1 1,278 1,370 1 Construction and land 25 52 — 26 55 — Home equity 153 243 5 135 251 4 Auto and other consumer 1,075 1,248 211 822 1,177 276 Commercial business — — — — — — Total $ 5,403 $ 6,001 $ 249 $ 5,511 $ 6,335 $ 317 Three Months Ended March 31, 2021 Average Recorded Investment Interest Income Recognized (In thousands) With no allowance recorded: One-to-four family $ 226 $ 4 Multi-family 282 5 Commercial real estate 1,212 18 Construction and land — — Home equity 36 — Auto and other consumer 35 8 Commercial business — — Total 1,791 35 With an allowance recorded: One-to-four family 2,507 51 Multi-family — — Commercial real estate 58 1 Construction and land 26 2 Home equity 111 3 Auto and other consumer 865 12 Commercial business — — Total 3,567 69 Total impaired loans: One-to-four family 2,733 55 Multi-family 282 5 Commercial real estate 1,270 19 Construction and land 26 2 Home equity 147 3 Auto and other consumer 900 20 Commercial business — — Total $ 5,358 $ 104 Three Months Ended March 31, 2020 Average Recorded Investment Interest Income Recognized (In thousands) With no allowance recorded: One-to-four family $ 108 $ 1 Multi-family 99 — Commercial real estate 1,231 15 Home equity 42 3 Auto and other consumer — 10 Commercial business — — Total 1,480 29 With an allowance recorded: One-to-four family 2,676 64 Multi-family 305 — Commercial real estate 643 — Construction and land 28 2 Home equity 248 6 Auto and other consumer 689 17 Commercial business 263 — Total 4,852 89 Total impaired loans: One-to-four family 2,784 65 Multi-family 404 — Commercial real estate 1,874 15 Construction and land 28 2 Home equity 290 9 Auto and other consumer 689 27 Commercial business 263 — Total $ 6,332 $ 118
Financing Receivable, Nonaccrual [Table Text Block]	March 31, 2021 December 31, 2020 (In thousands) One-to-four family $ 796 $ 912 Multi-family — 284 Commercial real estate 145 157 Construction and land 25 26 Home equity 93 73 Auto and other consumer 1,076 821 Commercial business — — Total nonaccrual loans $ 2,135 $ 2,273
Financing Receivable, Past Due [Table Text Block]	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 $ 585 $ — $ — $ 585 $ 295,246 $ 295,831 Multi-family — — — — 162,487 162,487 Commercial real estate — — — — 296,826 296,826 Construction and land 53 — — 53 157,263 157,316 Total real estate loans 638 — — 638 911,822 912,460 Consumer: Home equity 80 12 21 113 33,600 33,713 Auto and other consumer 288 208 239 735 138,399 139,134 Total consumer loans 368 220 260 848 171,999 172,847 Commercial business loans — — — — 83,033 83,033 Total loans $ 1,006 $ 220 $ 260 $ 1,486 $ 1,166,854 $ 1,168,340 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 $ 406 $ 132 $ 29 $ 567 $ 309,261 $ 309,828 Multi-family — — — — 162,467 162,467 Commercial real estate — — — — 296,574 296,574 Construction and land 56 — 26 82 123,545 123,627 Total real estate loans 462 132 55 649 891,847 892,496 Consumer: Home equity 94 — — 94 33,009 33,103 Auto and other consumer 815 138 137 1,090 127,143 128,233 Total consumer loans 909 138 137 1,184 160,152 161,336 Commercial business loans — — — — 100,201 100,201 Total loans $ 1,371 $ 270 $ 192 $ 1,833 $ 1,152,200 $ 1,154,033
Financing Receivable Credit Quality Indicators [Table Text Block]	Pass Watch Special Mention Substandard Total (In thousands) Real Estate: One-to-four family $ 291,735 $ 866 $ 1,715 $ 1,515 $ 295,831 Multi-family 146,318 16,169 — — 162,487 Commercial real estate 235,018 36,256 14,453 11,099 296,826 Construction and land 146,451 9,930 874 61 157,316 Total real estate loans 819,522 63,221 17,042 12,675 912,460 Consumer: Home equity 33,236 259 100 118 33,713 Auto and other consumer 135,471 1,808 740 1,115 139,134 Total consumer loans 168,707 2,067 840 1,233 172,847 Commercial business loans 73,154 9,647 — 232 83,033 Total loans $ 1,061,383 $ 74,935 $ 17,882 $ 14,140 $ 1,168,340 Pass Watch Special Mention Substandard Total (In thousands) Real Estate: One-to-four family $ 303,840 $ 2,487 $ 1,730 $ 1,771 $ 309,828 Multi-family 146,536 15,647 — 284 162,467 Commercial real estate 250,970 20,759 20,690 4,155 296,574 Construction and land 114,575 8,914 74 64 123,627 Total real estate loans 815,921 47,807 22,494 6,274 892,496 Consumer: Home equity 32,500 349 100 154 33,103 Auto and other consumer 124,115 2,034 1,216 868 128,233 Total consumer loans 156,615 2,383 1,316 1,022 161,336 Commercial business loans 92,010 7,791 168 232 100,201 Total loans $ 1,064,546 $ 57,981 $ 23,978 $ 7,528 $ 1,154,033 Nonperforming Performing Total (In thousands) Real Estate: One-to-four family $ 796 $ 295,035 $ 295,831 Multi-family — 162,487 162,487 Commercial real estate 145 296,681 296,826 Construction and land 25 157,291 157,316 Consumer: Home equity 93 33,620 33,713 Auto and other consumer 1,076 138,058 139,134 Commercial business — 83,033 83,033 Total loans $ 2,135 $ 1,166,205 $ 1,168,340 Nonperforming Performing Total (In thousands) Real Estate: One-to-four family $ 912 $ 308,916 $ 309,828 Multi-family 284 162,183 162,467 Commercial real estate 157 296,417 296,574 Construction and land 26 123,601 123,627 Consumer: Home equity 73 33,030 33,103 Auto and other consumer 821 127,412 128,233 Commercial business — 100,201 100,201 Total loans $ 2,273 $ 1,151,760 $ 1,154,033
Financing Receivable, COVID-19 Modifications [Table Text Block]	Count Balance Percent (Dollars in Thousands) Real Estate: One-to-four family — $ — 0.0 % Multi-family 1 918 11.4 Commercial real estate 2 7,122 88.5 Construction and land — — — Total real estate loans 3 8,040 99.9 Consumer: Home equity — — — Auto and other consumer 1 12 0.1 Total consumer loans 1 12 0.1 Commercial business loans — — — Total loans 4 $ 8,052 100.0 %
Financing Receivable, Troubled Debt Restructuring [Table Text Block]	March 31, 2021 December 31, 2020 (In thousands) Total TDR loans $ 1,973 $ 2,224 Allowance for loan losses related to TDR loans 24 26 Total nonaccrual TDR loans 107 108 March 31, 2021 December 31, 2020 Accrual Nonaccrual Total Accrual Nonaccrual Total (In thousands) One-to-four family $ 1,807 $ 107 $ 1,914 $ 2,054 $ 108 $ 2,162 Home equity 59 — 59 62 — 62 Total TDR loans $ 1,866 $ 107 $ 1,973 $ 2,116 $ 108 $ 2,224

Note 4 - Deposits (Tables)

Note 4 - Deposits (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Deposit Liabilities, Type [Table Text Block]	March 31, 2021 December 31, 2020 Amount Weighted-Average Interest Rate Amount Weighted-Average Interest Rate (Dollars in thousands) Savings $ 186,173 0.27 % $ 164,434 0.17 % Transaction accounts 466,143 0.00 % 431,171 0.01 % Money market accounts 495,265 0.23 % 429,143 0.31 % Certificates of deposit 287,226 0.80 % 308,769 1.00 % $ 1,434,807 0.28 % $ 1,333,517 0.36 %
Time Deposit Maturities [Table Text Block]	March 31, 2021 December 31, 2020 (In thousands) Within one year or less $ 184,108 $ 185,804 After one year through two years 51,647 70,705 After two years through three years 37,591 37,417 After three years through four years 7,227 6,938 After four years through five years 6,653 7,905 After five years — — $ 287,226 $ 308,769
Schedule of Interest on Deposits Liabilities, Type [Table Text Block]	Three Months Ended March 31, 2021 2020 (In thousands) Savings $ 40 $ 340 Transaction accounts 7 19 Money market accounts 286 356 Certificates of deposit 601 1,423 $ 934 $ 2,138

Note 6 - Earnings Per Share (Ta

Note 6 - Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	Three Months Ended March 31, 2021 2020 (In thousands, except share data) Numerator: Net income $ 3,120 $ 873 Denominator: Basic weighted average common shares outstanding 9,094,354 9,624,727 Dilutive restricted stock grants 91,371 51,650 Diluted weighted average common shares outstanding 9,185,725 9,676,377 Basic earnings per share $ 0.34 $ 0.09 Diluted earnings per share $ 0.34 $ 0.09

Note 7 - Employee Benefits (Tab

Note 7 - Employee Benefits (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Employee Stock Ownership Plan (ESOP) Disclosures [Table Text Block]	March 31, 2021 December 31, 2020 (Dollars in thousands) Allocated shares 306,949 306,949 Committed to be released shares 13,221 — Unallocated shares 727,859 741,080 Total ESOP shares issued 1,048,029 1,048,029 Fair value of unallocated shares $ 12,097 $ 11,561

Note 8 - Stock-based Compensa_2

Note 8 - Stock-based Compensation (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Nonvested Restricted Stock Shares Activity [Table Text Block]	For the Three Months Ended March 31, 2021 Shares Weighted-Average Grant Date Fair Value Non-vested at January 1, 2021 292,892 $ 13.96 Granted 84,896 18.60 Vested (5,620 ) 16.42 Canceled (1) (600 ) 16.42 Non-vested at March 31, 2021 371,568 $ 14.98 (1) A surrender of vested stock awards by a participant surrendering the number of shares valued at the current stock price at the vesting date to cover the participant's share of tax on the vested shares. The surrendered shares are canceled and are unavailable for reissue.

Note 9 - Fair Value Accountin_2

Note 9 - Fair Value Accounting and Measurement (Tables)	3 Months Ended
	Mar. 31, 2021
Notes Tables
Schedule of Fair Value, Assets and Liabilities Measured on Recurring Basis [Table Text Block]	March 31, 2021 Quoted Prices in Active Markets for Identical Assets or Liabilities Significant Other Observable Inputs Significant Unobservable Inputs (Level 1) (Level 2) (Level 3) Total (In thousands) Securities available-for-sale Municipal bonds $ — $ 132,492 $ — $ 132,492 Agency bonds — 1,913 — 1,913 ABS agency — 65,910 — 65,910 ABS corporate — 17,505 — 17,505 Corporate debt — 43,890 — 43,890 SBA — 17,566 — 17,566 MBS agency — 74,016 — 74,016 MBS corporate — 40,203 — 40,203 $ — $ 393,495 $ — $ 393,495 December 31, 2020 Quoted Prices in Active Markets for Identical Assets or Liabilities Significant Other Observable Inputs Significant Unobservable Inputs (Level 1) (Level 2) (Level 3) Total (In thousands) Securities available-for-sale Municipal bonds $ — $ 127,862 $ — $ 127,862 ABS agency — 63,820 — 63,820 ABS corporate — 29,280 — 29,280 Corporate debt — 32,970 2,540 35,510 SBA — 18,564 — 18,564 MBS agency — 62,683 — 62,683 MBS corporate — 20,205 6,372 26,577 $ — $ 355,384 $ 8,912 $ 364,296
Fair Value Measurement Inputs and Valuation Techniques [Table Text Block]	December 31, 2020 Fair Value (In thousands) Valuation Technique Unobservable Input Range (a) Corporate debt $ 1,540 Consensus pricing Offered quotes 89 - 91 Comparability adjustments (%) -0.7% - +1.3% 1,000 Consensus pricing Offered quotes 92 100 Comparability adjustments (%) -7.4% - 0% MBS corporate 6,372 Consensus pricing Offered quotes 104 107 Comparability adjustments (%) -1.5% - +1.5% (a) Unobservable inputs were weighted by the relative fair value of the instruments.
Fair Value, Assets Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]	March 31, 2021 Balance at Beginning of Period Transfers Out of Level 3 (1) Purchases Unrealized Total (In thousands) Securities available for sale Corporate debt $ 2,540 $ (2,540 ) $ — $ — $ — MBS corporate 6,372 (6,372 ) — — — $ 8,912 $ (8,912 ) $ — $ — $ — (1) Transferred from Level 3 to Level 2 after obtaining observable market data. December 31, 2020 Balance at Beginning of Period Transfers Into Level 3 (1) Purchases Unrealized Total (In thousands) Securities available for sale Corporate debt $ — $ 1,540 $ 1,000 $ — $ 2,540 MBS corporate — — 6,372 — 6,372 $ — $ 1,540 $ 7,372 $ — $ 8,912 (1) Transferred from Level 2 to Level 3 because of a lack of observable market data, resulting from little to no market activity for the securities.
Fair Value Measurements, Nonrecurring [Table Text Block]	March 31, 2021 Level 1 Level 2 Level 3 Total (In thousands) Impaired loans $ — $ — $ 5,403 $ 5,403 December 31, 2020 Level 1 Level 2 Level 3 Total (In thousands) Impaired loans $ — $ — $ 5,511 $ 5,511
Fair Value, by Balance Sheet Grouping [Table Text Block]	March 31, 2021 Fair Value Measurements Using: Carrying Amount Estimated Fair Value Level 1 Level 2 Level 3 (In thousands) Financial assets Cash and cash equivalents $ 15,827 $ 15,827 $ 15,827 $ — $ — Investment securities available for sale 393,495 393,495 — 393,495 — Loans held for sale 4,037 4,037 — 4,037 — Loans receivable, net 1,156,439 1,147,018 — — 1,147,018 FHLB stock 3,997 3,997 — 3,997 — Accrued interest receivable 6,251 6,251 — 6,251 — Mortgage servicing rights, net 2,309 2,499 — — 2,499 Financial liabilities Demand deposits $ 1,147,581 $ 1,147,581 $ 1,147,581 $ — $ — Time deposits 287,226 288,807 — 288,807 — FHLB Borrowings 50,000 50,447 — 50,447 — Subordinated debt 39,310 39,310 — 39,310 — Accrued interest payable 84 84 — 84 — December 31, 2020 Fair Value Measurements Using: Carrying Amount Estimated Fair Value Level 1 Level 2 Level 3 (In thousands) Financial assets Cash and cash equivalents $ 65,155 $ 65,155 $ 65,155 $ — $ — Investment securities available for sale 364,296 364,296 — 355,384 8,912 Loans held for sale 3,753 3,753 — 3,753 — Loans receivable, net 1,141,969 1,129,570 — — 1,129,570 FHLB stock 5,977 5,977 — 5,977 — Accrued interest receivable 6,966 6,966 — 6,966 — Mortgage servicing rights, net 2,120 2,189 — — 2,189 Financial liabilities Demand deposits $ 1,024,748 $ 1,024,748 $ 1,024,748 $ — $ — Time deposits 308,769 310,992 — 310,992 — FHLB Borrowings 109,977 111,462 — 111,462 — Accrued interest payable 53 53 — 53 —

Note 1 - Basis of Presentatio_2

Note 1 - Basis of Presentation and Critical Accounting Policies (Details Textual) - USD ($)	Dec. 18, 2015	Jan. 29, 2015
Stock Issued During Period, Shares, New Issues (in shares)		13,100,360
Proceeds from Issuance of Common Stock, Net		$ 117,600,000
Proceeds from Issuance Initial Public Offering		58,400,000
Employee Stock Ownership Plan (ESOP), Issued, Percentage of Common Stock Issued	8.00%
Stock Issued During Period, Shares, Employee Stock Ownership Plan (in shares)	1,048,029
First Federal Community Foundation [Member]
Payments for Contributions to Charity		$ 400,000
Contribution of Nonmonetary Assets to Charitable Organization [Member] | First Federal Community Foundation [Member]
Stock Issued During Period, Shares, New Issues (in shares)		933,360
IPO [Member]
Stock Issued During Period, Shares, New Issues (in shares)		12,167,000
Shares Issued, Price Per Share (in dollars per share)		$ 10
Proceeds from Issuance of Common Stock		$ 121,700,000

Note 2 - Securities (Details Te

Note 2 - Securities (Details Textual) $ in Thousands	3 Months Ended
	Mar. 31, 2021USD ($)	Mar. 31, 2020USD ($)	Dec. 31, 2020USD ($)
Debt Securities, Held-to-maturity, Total	$ 0		$ 0
Debt Securities, Available-for-sale, Unrealized Loss Position, Number of Positions	71		36
Other than Temporary Impairment Losses, Investments, Total	$ 0	$ 0

Note 2 - Securities - Amortized

Note 2 - Securities - Amortized Cost, Gross Unrealized Gains and Losses, and Estimated Fair Value of Securities (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Securities available for sale, amortized cost	$ 391,034	$ 357,407
Securities available for sale, gross unrealized gains	5,961	8,358
Securities available for sale, gross unrealized losses	(3,500)	(1,469)
Investment securities available for sale, at fair value	393,495	364,296
US States and Political Subdivisions Debt Securities [Member] | Securities Investment [Member]
Securities available for sale, amortized cost	131,788	122,667
Securities available for sale, gross unrealized gains	2,560	5,212
Securities available for sale, gross unrealized losses	(1,856)	(17)
Investment securities available for sale, at fair value	132,492	127,862
US Government-sponsored Enterprises Debt Securities [Member] | Securities Investment [Member]
Securities available for sale, amortized cost	1,940
Securities available for sale, gross unrealized gains	0
Securities available for sale, gross unrealized losses	(27)
Investment securities available for sale, at fair value	1,913
Asset-backed Securities, Issued by US Government Agencies [Member] | Securities Investment [Member]
Securities available for sale, amortized cost	64,355	62,934
Securities available for sale, gross unrealized gains	1,637	1,240
Securities available for sale, gross unrealized losses	(82)	(354)
Investment securities available for sale, at fair value	65,910	63,820
Asset-backed Securities, Issued by Private Enterprises [Member] | Securities Investment [Member]
Securities available for sale, amortized cost	17,620	29,661
Securities available for sale, gross unrealized gains	0	37
Securities available for sale, gross unrealized losses	(115)	(418)
Investment securities available for sale, at fair value	17,505	29,280
Corporate Debt Securities [Member] | Securities Investment [Member]
Securities available for sale, amortized cost	43,305	35,408
Securities available for sale, gross unrealized gains	920	687
Securities available for sale, gross unrealized losses	(335)	(585)
Investment securities available for sale, at fair value	43,890	35,510
US Small Business Administration Securities [Member] | Securities Investment [Member]
Securities available for sale, amortized cost	17,399	18,420
Securities available for sale, gross unrealized gains	167	144
Securities available for sale, gross unrealized losses	0	0
Investment securities available for sale, at fair value	17,566	18,564
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Collateralized Mortgage Backed Securities [Member]
Securities available for sale, amortized cost	74,214	61,859
Securities available for sale, gross unrealized gains	581	876
Securities available for sale, gross unrealized losses	(779)	(52)
Investment securities available for sale, at fair value	74,016	62,683
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Collateralized Mortgage Backed Securities [Member]
Securities available for sale, amortized cost	40,413	26,458
Securities available for sale, gross unrealized gains	96	162
Securities available for sale, gross unrealized losses	(306)	(43)
Investment securities available for sale, at fair value	$ 40,203	$ 26,577

Note 2 - Securities - Unrealize

Note 2 - Securities - Unrealized Gross Losses and Fair Value of Securities in a Continuous Loss Position (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Securities available for sale, gross unrealized losses, less than twelve months	$ (3,087)	$ (118)
Securities available for sale, fair value, less than twelve months	132,738	39,688
Securities available for sale, gross unrealized losses, twelve months or longer	(413)	(1,351)
Securities available for sale, fair value, twelve months or longer	29,668	59,749
Securities available for sale, gross unrealized losses, total	(3,500)	(1,469)
Securities available for sale, fair value, total	162,406	99,437
US States and Political Subdivisions Debt Securities [Member] | Securities Investment [Member]
Securities available for sale, gross unrealized losses, less than twelve months	(1,727)	(15)
Securities available for sale, fair value, less than twelve months	57,025	5,214
Securities available for sale, gross unrealized losses, twelve months or longer	(129)	(2)
Securities available for sale, fair value, twelve months or longer	3,507	1,319
Securities available for sale, gross unrealized losses, total	(1,856)	(17)
Securities available for sale, fair value, total	60,532	6,533
US Government-sponsored Enterprises Debt Securities [Member] | Securities Investment [Member]
Securities available for sale, gross unrealized losses, less than twelve months	(27)
Securities available for sale, fair value, less than twelve months	1,913
Securities available for sale, gross unrealized losses, twelve months or longer	0
Securities available for sale, fair value, twelve months or longer	0
Securities available for sale, gross unrealized losses, total	(27)
Securities available for sale, fair value, total	1,913
Asset-backed Securities, Issued by US Government Agencies [Member] | Securities Investment [Member]
Securities available for sale, gross unrealized losses, less than twelve months	0	0
Securities available for sale, fair value, less than twelve months	0	0
Securities available for sale, gross unrealized losses, twelve months or longer	(82)	(354)
Securities available for sale, fair value, twelve months or longer	1,938	21,430
Securities available for sale, gross unrealized losses, total	(82)	(354)
Securities available for sale, fair value, total	1,938	21,430
Asset-backed Securities, Issued by Private Enterprises [Member] | Securities Investment [Member]
Securities available for sale, gross unrealized losses, less than twelve months	0	0
Securities available for sale, fair value, less than twelve months	0	0
Securities available for sale, gross unrealized losses, twelve months or longer	(115)	(418)
Securities available for sale, fair value, twelve months or longer	17,505	27,283
Securities available for sale, gross unrealized losses, total	(115)	(418)
Securities available for sale, fair value, total	17,505	27,283
Corporate Debt Securities [Member] | Securities Investment [Member]
Securities available for sale, gross unrealized losses, less than twelve months	(250)	(8)
Securities available for sale, fair value, less than twelve months	16,746	5,892
Securities available for sale, gross unrealized losses, twelve months or longer	(85)	(577)
Securities available for sale, fair value, twelve months or longer	4,915	9,409
Securities available for sale, gross unrealized losses, total	(335)	(585)
Securities available for sale, fair value, total	21,661	15,301
US Small Business Administration Securities [Member] | Securities Investment [Member]
Securities available for sale, gross unrealized losses, less than twelve months	0	0
Securities available for sale, fair value, less than twelve months	53	63
Securities available for sale, gross unrealized losses, twelve months or longer	0	0
Securities available for sale, fair value, twelve months or longer	43	47
Securities available for sale, gross unrealized losses, total	0	0
Securities available for sale, fair value, total	96	110
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Collateralized Mortgage Backed Securities [Member]
Securities available for sale, gross unrealized losses, less than twelve months	(777)	(52)
Securities available for sale, fair value, less than twelve months	33,330	18,516
Securities available for sale, gross unrealized losses, twelve months or longer	(2)	0
Securities available for sale, fair value, twelve months or longer	1,760	261
Securities available for sale, gross unrealized losses, total	(779)	(52)
Securities available for sale, fair value, total	35,090	18,777
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Collateralized Mortgage Backed Securities [Member]
Securities available for sale, gross unrealized losses, less than twelve months	(306)	(43)
Securities available for sale, fair value, less than twelve months	23,671	10,003
Securities available for sale, gross unrealized losses, twelve months or longer	0	0
Securities available for sale, fair value, twelve months or longer	0	0
Securities available for sale, gross unrealized losses, total	(306)	(43)
Securities available for sale, fair value, total	$ 23,671	$ 10,003

Note 2 - Securities - Amortiz_2

Note 2 - Securities - Amortized Cost and Estimated Fair Value of Investment Securities by Contractual Maturity (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Securities available for sale, amortized cost	$ 391,034	$ 357,407
Investment securities available for sale, at fair value	393,495	364,296
Collateralized Mortgage Backed Securities [Member]
Due within one year, amortized cost	48	80
Due within one year, estimated fair value	50	84
Due after one through five years, amortized cost	21,235	12,446
Due after one through five years, estimated fair value	21,207	12,402
Due after five through ten years, amortized cost	1,994	0
Due after five through ten years, estimated fair value	1,953	0
Due after ten years, amortized cost	91,350	75,791
Due after ten years, estimated fair value	91,009	76,774
Securities available for sale, amortized cost	114,627	88,317
Investment securities available for sale, at fair value	114,219	89,260
Investment Securities, Excluding Mortgage Backed Securities [Member]
Due within one year, amortized cost	0	0
Due within one year, estimated fair value	0	0
Due after one through five years, amortized cost	1,344	2,210
Due after one through five years, estimated fair value	1,344	2,328
Due after five through ten years, amortized cost	75,507	74,568
Due after five through ten years, estimated fair value	76,038	74,351
Due after ten years, amortized cost	199,556	192,312
Due after ten years, estimated fair value	201,894	198,357
Securities available for sale, amortized cost	276,407	269,090
Investment securities available for sale, at fair value	$ 279,276	$ 275,036

Note 2 - Securities - Sales of

Note 2 - Securities - Sales of Securities Available for Sale (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Proceeds from sales of securities available for sale	$ 0	$ 40,073
Gross realized gains	0	637
Gross realized losses	$ 0	$ (32)

Note 3 - Loans Receivable (Deta

Note 3 - Loans Receivable (Details Textual)	3 Months Ended
	Mar. 31, 2021USD ($)	Mar. 31, 2020USD ($)	Dec. 31, 2020USD ($)
Impaired Financing Receivable, Interest Income, Cash Basis Method, Total	$ 76,000	$ 76,000
Financing Receivable, 90 Days or More Past Due, Still Accruing	$ 0		$ 0
Financing Receivable, Number of Temporary Loan Modifications	357
Financing Receivable, Temporary Loan Modifications	$ 175,000,000
Financing Receivable, Customers with Deferred Loan Payments, Percentage of Total Loans	15.00%
Financing Receivable, Modifications, Number of Contracts	0	0
Financing Receivable, Troubled Debt Restructuring, Subsequent Default, Number of Contracts	0	0
Financing Receivable, Troubled Debt Restructuring, Commitment to Lend	$ 0

Note 3 - Loans Receivable - Loa

Note 3 - Loans Receivable - Loans Receivable (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020	Dec. 31, 2019
Loans receivable, gross	$ 1,168,340	$ 1,154,033
Net deferred loan fees	4,983	4,346
Premium on purchased loans, net	(7,347)	(6,129)
Allowance for loan losses	14,265	13,847	$ 10,830	$ 9,628
Total loans receivable, net	1,156,439	1,141,969
Real Estate Portfolio Segment [Member]
Loans receivable, gross	912,460	892,496
Real Estate Portfolio Segment [Member] | One-to-four Family Loan [Member]
Loans receivable, gross	295,831	309,828
Allowance for loan losses	3,416	3,469	3,396	3,024
Real Estate Portfolio Segment [Member] | Multi-family Loan [Member]
Loans receivable, gross	162,487	162,467
Allowance for loan losses	1,822	1,764	923	888
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member]
Loans receivable, gross	296,826	296,574
Allowance for loan losses	3,629	3,420	2,722	2,243
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Loans receivable, gross	157,316	123,627
Allowance for loan losses	1,890	1,461	592	399
Consumer Portfolio Segment [Member]
Loans receivable, gross	172,847	161,336
Consumer Portfolio Segment [Member] | Home Equity Loan [Member]
Loans receivable, gross	33,713	33,103
Allowance for loan losses	379	368	449	454
Consumer Portfolio Segment [Member] | Automobile and Other Loan [Member]
Loans receivable, gross	139,134	128,233
Allowance for loan losses	2,337	2,642	2,317	2,261
Commercial Portfolio Segment [Member]
Loans receivable, gross	83,033	100,201
Allowance for loan losses	$ 483	$ 429	$ 250	$ 208

Note 3 - Loans Receivable - All

Note 3 - Loans Receivable - Allowance for Loan Losses (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Mar. 31, 2021		Dec. 31, 2020
Beginning balance	$ 13,847	$ 9,628
Provision for loan losses	500	1,266
Charge-offs	(229)	(134)
Recoveries	147	70
Ending balance	14,265	10,830
Allowance for loan losses	13,847	10,830	$ 14,265		$ 13,847
General reserve			14,016		13,530
Specific reserve			249		317
Total loans			1,168,340		1,154,033
Loans collectively evaluated (1)			1,162,937	[1]	1,148,522
Loans individually evaluated (2)			5,403	[2]	5,511
Real Estate Portfolio Segment [Member]
Total loans			912,460		892,496
Real Estate Portfolio Segment [Member] | One-to-four Family Loan [Member]
Beginning balance	3,469	3,024
Provision for loan losses	(59)	319
Charge-offs	0	0
Recoveries	6	53
Ending balance	3,416	3,396
Allowance for loan losses	3,416	3,396	3,416		3,469
General reserve			3,384		3,433
Specific reserve			32		36
Total loans			295,831		309,828
Loans collectively evaluated (1)			293,228	[1]	306,862
Loans individually evaluated (2)			2,603	[2]	2,966
Real Estate Portfolio Segment [Member] | Multi-family Loan [Member]
Beginning balance	1,764	888
Provision for loan losses	58	35
Charge-offs	0	0
Recoveries	0	0
Ending balance	1,822	923
Allowance for loan losses	1,822	923	1,822		1,764
General reserve			1,822		1,764
Specific reserve			0		0
Total loans			162,487		162,467
Loans collectively evaluated (1)			162,206	[1]	162,183
Loans individually evaluated (2)			281	[2]	284
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member]
Beginning balance	3,420	2,243
Provision for loan losses	209	479
Charge-offs	0	0
Recoveries	0	0
Ending balance	3,629	2,722
Allowance for loan losses	3,629	2,722	3,629		3,420
General reserve			3,628		3,419
Specific reserve			1		1
Total loans			296,826		296,574
Loans collectively evaluated (1)			295,560	[1]	295,296
Loans individually evaluated (2)			1,266	[2]	1,278
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Beginning balance	1,461	399
Provision for loan losses	426	191
Charge-offs	0	0
Recoveries	3	2
Ending balance	1,890	592
Allowance for loan losses	1,890	592	1,890		1,461
General reserve			1,890		1,461
Specific reserve			0		0
Total loans			157,316		123,627
Loans collectively evaluated (1)			157,291	[1]	123,601
Loans individually evaluated (2)			25	[2]	26
Consumer Portfolio Segment [Member]
Total loans			172,847		161,336
Consumer Portfolio Segment [Member] | Home Equity Loan [Member]
Beginning balance	368	454
Provision for loan losses	(6)	(6)
Charge-offs	0	0
Recoveries	17	1
Ending balance	379	449
Allowance for loan losses	379	449	379		368
General reserve			374		364
Specific reserve			5		4
Total loans			33,713		33,103
Loans collectively evaluated (1)			33,560	[1]	32,968
Loans individually evaluated (2)			153	[2]	135
Consumer Portfolio Segment [Member] | Automobile and Other Loan [Member]
Beginning balance	2,642	2,261
Provision for loan losses	(197)	176
Charge-offs	(229)	(134)
Recoveries	121	14
Ending balance	2,337	2,317
Allowance for loan losses	2,337	2,317	2,337		2,642
General reserve			2,126		2,366
Specific reserve			211		276
Total loans			139,134		128,233
Loans collectively evaluated (1)			138,059	[1]	127,411
Loans individually evaluated (2)			1,075	[2]	822
Commercial Portfolio Segment [Member]
Beginning balance	429	208
Provision for loan losses	54	42
Charge-offs	0	0
Recoveries	0	0
Ending balance	483	250
Allowance for loan losses	483	250	483		429
General reserve			483		429
Specific reserve			0		0
Total loans			83,033		100,201
Loans collectively evaluated (1)			83,033	[1]	100,201
Loans individually evaluated (2)			0	[2]	0
Unallocated Financing Receivables [Member]
Beginning balance	294	151
Provision for loan losses	15	30
Charge-offs	0	0
Recoveries	0	0
Ending balance	309	181
Allowance for loan losses	$ 309	$ 181	309		294
General reserve			309		294
Specific reserve			0		0
Total loans			0		0
Loans collectively evaluated (1)			0	[1]	0
Loans individually evaluated (2)			$ 0	[2]	$ 0
[1]	Loans collectively evaluated for general reserves.
[2]	Loans individually evaluated for specific reserves.

Note 3 - Loans Receivable - Imp

Note 3 - Loans Receivable - Impaired Loans by Segment (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Recorded investment, with no allowance recorded	$ 1,854		$ 1,764
Unpaid principal balance, with no allowance recorded	2,136		2,196
Recorded investment, with an allowance recorded	3,549		3,747
Unpaid principal balance, with an allowance recorded	3,865		4,139
Related allowance	249		317
Recorded investment, total	5,403		5,511
Unpaid principal balance, total	6,001		6,335
Average recorded investment, with no allowance recorded	1,791	$ 1,480
Interest income recognized, with no allowance recorded	35	29
Average recorded investment, with an allowance recorded	3,567	4,852
Interest income recognized, with an allowance recorded	69	89
Average recorded investment, total	5,358	6,332
Interest income recognized, total	104	118
Real Estate Portfolio Segment [Member] | One-to-four Family Loan [Member]
Recorded investment, with no allowance recorded	223		227
Unpaid principal balance, with no allowance recorded	254		257
Recorded investment, with an allowance recorded	2,380		2,739
Unpaid principal balance, with an allowance recorded	2,560		2,941
Related allowance	32		36
Recorded investment, total	2,603		2,966
Unpaid principal balance, total	2,814		3,198
Average recorded investment, with no allowance recorded	226	108
Interest income recognized, with no allowance recorded	4	1
Average recorded investment, with an allowance recorded	2,507	2,676
Interest income recognized, with an allowance recorded	51	64
Average recorded investment, total	2,733	2,784
Interest income recognized, total	55	65
Real Estate Portfolio Segment [Member] | Multi-family Loan [Member]
Recorded investment, with no allowance recorded	281		284
Unpaid principal balance, with no allowance recorded	281		284
Recorded investment, with an allowance recorded	0		0
Unpaid principal balance, with an allowance recorded	0		0
Related allowance	0		0
Recorded investment, total	281		284
Unpaid principal balance, total	281		284
Average recorded investment, with no allowance recorded	282	99
Interest income recognized, with no allowance recorded	5	0
Average recorded investment, with an allowance recorded	0	305
Interest income recognized, with an allowance recorded	0	0
Average recorded investment, total	282	404
Interest income recognized, total	5	0
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member]
Recorded investment, with no allowance recorded	1,209		1,216
Unpaid principal balance, with no allowance recorded	1,306		1,308
Recorded investment, with an allowance recorded	57		62
Unpaid principal balance, with an allowance recorded	57		62
Related allowance	1		1
Recorded investment, total	1,266		1,278
Unpaid principal balance, total	1,363		1,370
Average recorded investment, with no allowance recorded	1,212	1,231
Interest income recognized, with no allowance recorded	18	15
Average recorded investment, with an allowance recorded	58	643
Interest income recognized, with an allowance recorded	1	0
Average recorded investment, total	1,270	1,874
Interest income recognized, total	19	15
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Recorded investment, with no allowance recorded	0		0
Unpaid principal balance, with no allowance recorded	0		29
Recorded investment, with an allowance recorded	25		26
Unpaid principal balance, with an allowance recorded	52		26
Related allowance	0		0
Recorded investment, total	25		26
Unpaid principal balance, total	52		55
Average recorded investment, with no allowance recorded	0	28
Interest income recognized, with no allowance recorded	0	2
Average recorded investment, with an allowance recorded	26	28
Interest income recognized, with an allowance recorded	2	2
Average recorded investment, total	26
Interest income recognized, total	2
Consumer Portfolio Segment [Member] | Home Equity Loan [Member]
Recorded investment, with no allowance recorded	36		37
Unpaid principal balance, with no allowance recorded	68		94
Recorded investment, with an allowance recorded	117		98
Unpaid principal balance, with an allowance recorded	175		157
Related allowance	5		4
Recorded investment, total	153		135
Unpaid principal balance, total	243		251
Average recorded investment, with no allowance recorded	36	42
Interest income recognized, with no allowance recorded	0	3
Average recorded investment, with an allowance recorded	111	248
Interest income recognized, with an allowance recorded	3	6
Average recorded investment, total	147	290
Interest income recognized, total	3	9
Consumer Portfolio Segment [Member] | Automobile and Other Loan [Member]
Recorded investment, with no allowance recorded	105		0
Unpaid principal balance, with no allowance recorded	227		224
Recorded investment, with an allowance recorded	970		822
Unpaid principal balance, with an allowance recorded	1,021		953
Related allowance	211		276
Recorded investment, total	1,075		822
Unpaid principal balance, total	1,248		1,177
Average recorded investment, with no allowance recorded	35	0
Interest income recognized, with no allowance recorded	8	10
Average recorded investment, with an allowance recorded	865	689
Interest income recognized, with an allowance recorded	12	17
Average recorded investment, total	900	689
Interest income recognized, total	20	27
Commercial Portfolio Segment [Member]
Recorded investment, with no allowance recorded	0		0
Unpaid principal balance, with no allowance recorded	0		0
Recorded investment, with an allowance recorded	0		0
Unpaid principal balance, with an allowance recorded	0		0
Related allowance	0		0
Recorded investment, total	0		0
Unpaid principal balance, total	0		$ 0
Average recorded investment, with no allowance recorded	0	0
Interest income recognized, with no allowance recorded	0	0
Average recorded investment, with an allowance recorded	0	263
Interest income recognized, with an allowance recorded	0	0
Average recorded investment, total	0	263
Interest income recognized, total	$ 0	$ 0

Note 3 - Loans Receivable - Non

Note 3 - Loans Receivable - Nonaccrual Loans by Class (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Total nonaccrual loans	$ 2,135	$ 2,273
Real Estate Portfolio Segment [Member] | One-to-four Family Loan [Member]
Total nonaccrual loans	796	912
Real Estate Portfolio Segment [Member] | Multi-family Loan [Member]
Total nonaccrual loans	0	284
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member]
Total nonaccrual loans	145	157
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Total nonaccrual loans	25	26
Consumer Portfolio Segment [Member] | Home Equity Loan [Member]
Total nonaccrual loans	93	73
Consumer Portfolio Segment [Member] | Automobile and Other Loan [Member]
Total nonaccrual loans	1,076	821
Commercial Portfolio Segment [Member]
Total nonaccrual loans	$ 0	$ 0

Note 3 - Loans Receivable - Pas

Note 3 - Loans Receivable - Past Due Loans (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Past due	$ 1,486	$ 1,833
Current	1,166,854	1,152,200
Total loans	1,168,340	1,154,033
Financial Asset, 30 to 59 Days Past Due [Member]
Past due	1,006	1,371
Financial Asset, 60 to 89 Days Past Due [Member]
Past due	220	270
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Past due	260	192
Real Estate Portfolio Segment [Member]
Past due	638	649
Current	911,822	891,847
Total loans	912,460	892,496
Real Estate Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Past due	638	462
Real Estate Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Past due	0	132
Real Estate Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Past due	0	55
Real Estate Portfolio Segment [Member] | One-to-four Family Loan [Member]
Past due	585	567
Current	295,246	309,261
Total loans	295,831	309,828
Real Estate Portfolio Segment [Member] | One-to-four Family Loan [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Past due	585	406
Real Estate Portfolio Segment [Member] | One-to-four Family Loan [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Past due	0	132
Real Estate Portfolio Segment [Member] | One-to-four Family Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Past due	0	29
Real Estate Portfolio Segment [Member] | Multi-family Loan [Member]
Past due	0	0
Current	162,487	162,467
Total loans	162,487	162,467
Real Estate Portfolio Segment [Member] | Multi-family Loan [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Past due	0	0
Real Estate Portfolio Segment [Member] | Multi-family Loan [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Past due	0	0
Real Estate Portfolio Segment [Member] | Multi-family Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Past due	0	0
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member]
Past due	0	0
Current	296,826	296,574
Total loans	296,826	296,574
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Past due	0	0
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Past due	0	0
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Past due	0	0
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Past due	53	82
Current	157,263	123,545
Total loans	157,316	123,627
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Past due	53	56
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Past due	0	0
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Past due	0	26
Consumer Portfolio Segment [Member]
Past due	848	1,184
Current	171,999	160,152
Total loans	172,847	161,336
Consumer Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Past due	368	909
Consumer Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Past due	220	138
Consumer Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Past due	260	137
Consumer Portfolio Segment [Member] | Home Equity Loan [Member]
Past due	113	94
Current	33,600	33,009
Total loans	33,713	33,103
Consumer Portfolio Segment [Member] | Home Equity Loan [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Past due	80	94
Consumer Portfolio Segment [Member] | Home Equity Loan [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Past due	12	0
Consumer Portfolio Segment [Member] | Home Equity Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Past due	21	0
Consumer Portfolio Segment [Member] | Automobile and Other Loan [Member]
Past due	735	1,090
Current	138,399	127,143
Total loans	139,134	128,233
Consumer Portfolio Segment [Member] | Automobile and Other Loan [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Past due	288	815
Consumer Portfolio Segment [Member] | Automobile and Other Loan [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Past due	208	138
Consumer Portfolio Segment [Member] | Automobile and Other Loan [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Past due	239	137
Commercial Portfolio Segment [Member]
Past due	0	0
Current	83,033	100,201
Total loans	83,033	100,201
Commercial Portfolio Segment [Member] | Financial Asset, 30 to 59 Days Past Due [Member]
Past due	0	0
Commercial Portfolio Segment [Member] | Financial Asset, 60 to 89 Days Past Due [Member]
Past due	0	0
Commercial Portfolio Segment [Member] | Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Past due	$ 0	$ 0

Note 3 - Loans Receivable - Cre

Note 3 - Loans Receivable - Credit Quality Indicators by Class of Loan (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Total loans	$ 1,168,340	$ 1,154,033
Pass [Member]
Total loans	1,061,383	1,064,546
Watch [Member]
Total loans	74,935	57,981
Special Mention [Member]
Total loans	17,882	23,978
Substandard [Member]
Total loans	14,140	7,528
Nonperforming Financial Instruments [Member]
Total loans	2,135	2,273
Performing Financial Instruments [Member]
Total loans	1,166,205	1,151,760
Real Estate Portfolio Segment [Member]
Total loans	912,460	892,496
Real Estate Portfolio Segment [Member] | Pass [Member]
Total loans	819,522	815,921
Real Estate Portfolio Segment [Member] | Watch [Member]
Total loans	63,221	47,807
Real Estate Portfolio Segment [Member] | Special Mention [Member]
Total loans	17,042	22,494
Real Estate Portfolio Segment [Member] | Substandard [Member]
Total loans	12,675	6,274
Real Estate Portfolio Segment [Member] | One-to-four Family Loan [Member]
Total loans	295,831	309,828
Real Estate Portfolio Segment [Member] | One-to-four Family Loan [Member] | Pass [Member]
Total loans	291,735	303,840
Real Estate Portfolio Segment [Member] | One-to-four Family Loan [Member] | Watch [Member]
Total loans	866	2,487
Real Estate Portfolio Segment [Member] | One-to-four Family Loan [Member] | Special Mention [Member]
Total loans	1,715	1,730
Real Estate Portfolio Segment [Member] | One-to-four Family Loan [Member] | Substandard [Member]
Total loans	1,515	1,771
Real Estate Portfolio Segment [Member] | One-to-four Family Loan [Member] | Nonperforming Financial Instruments [Member]
Total loans	796	912
Real Estate Portfolio Segment [Member] | One-to-four Family Loan [Member] | Performing Financial Instruments [Member]
Total loans	295,035	308,916
Real Estate Portfolio Segment [Member] | Multi-family Loan [Member]
Total loans	162,487	162,467
Real Estate Portfolio Segment [Member] | Multi-family Loan [Member] | Pass [Member]
Total loans	146,318	146,536
Real Estate Portfolio Segment [Member] | Multi-family Loan [Member] | Watch [Member]
Total loans	16,169	15,647
Real Estate Portfolio Segment [Member] | Multi-family Loan [Member] | Special Mention [Member]
Total loans	0	0
Real Estate Portfolio Segment [Member] | Multi-family Loan [Member] | Substandard [Member]
Total loans	0	284
Real Estate Portfolio Segment [Member] | Multi-family Loan [Member] | Nonperforming Financial Instruments [Member]
Total loans	0	284
Real Estate Portfolio Segment [Member] | Multi-family Loan [Member] | Performing Financial Instruments [Member]
Total loans	162,487	162,183
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member]
Total loans	296,826	296,574
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Pass [Member]
Total loans	235,018	250,970
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Watch [Member]
Total loans	36,256	20,759
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Special Mention [Member]
Total loans	14,453	20,690
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Substandard [Member]
Total loans	11,099	4,155
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Nonperforming Financial Instruments [Member]
Total loans	145	157
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member] | Performing Financial Instruments [Member]
Total loans	296,681	296,417
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Total loans	157,316	123,627
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Pass [Member]
Total loans	146,451	114,575
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Watch [Member]
Total loans	9,930	8,914
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Special Mention [Member]
Total loans	874	74
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Substandard [Member]
Total loans	61	64
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Nonperforming Financial Instruments [Member]
Total loans	25	26
Real Estate Portfolio Segment [Member] | Construction Loans [Member] | Performing Financial Instruments [Member]
Total loans	157,291	123,601
Consumer Portfolio Segment [Member]
Total loans	172,847	161,336
Consumer Portfolio Segment [Member] | Pass [Member]
Total loans	168,707	156,615
Consumer Portfolio Segment [Member] | Watch [Member]
Total loans	2,067	2,383
Consumer Portfolio Segment [Member] | Special Mention [Member]
Total loans	840	1,316
Consumer Portfolio Segment [Member] | Substandard [Member]
Total loans	1,233	1,022
Consumer Portfolio Segment [Member] | Home Equity Loan [Member]
Total loans	33,713	33,103
Consumer Portfolio Segment [Member] | Home Equity Loan [Member] | Pass [Member]
Total loans	33,236	32,500
Consumer Portfolio Segment [Member] | Home Equity Loan [Member] | Watch [Member]
Total loans	259	349
Consumer Portfolio Segment [Member] | Home Equity Loan [Member] | Special Mention [Member]
Total loans	100	100
Consumer Portfolio Segment [Member] | Home Equity Loan [Member] | Substandard [Member]
Total loans	118	154
Consumer Portfolio Segment [Member] | Home Equity Loan [Member] | Nonperforming Financial Instruments [Member]
Total loans	93	73
Consumer Portfolio Segment [Member] | Home Equity Loan [Member] | Performing Financial Instruments [Member]
Total loans	33,620	33,030
Consumer Portfolio Segment [Member] | Automobile and Other Loan [Member]
Total loans	139,134	128,233
Consumer Portfolio Segment [Member] | Automobile and Other Loan [Member] | Pass [Member]
Total loans	135,471	124,115
Consumer Portfolio Segment [Member] | Automobile and Other Loan [Member] | Watch [Member]
Total loans	1,808	2,034
Consumer Portfolio Segment [Member] | Automobile and Other Loan [Member] | Special Mention [Member]
Total loans	740	1,216
Consumer Portfolio Segment [Member] | Automobile and Other Loan [Member] | Substandard [Member]
Total loans	1,115	868
Consumer Portfolio Segment [Member] | Automobile and Other Loan [Member] | Nonperforming Financial Instruments [Member]
Total loans	1,076	821
Consumer Portfolio Segment [Member] | Automobile and Other Loan [Member] | Performing Financial Instruments [Member]
Total loans	138,058	127,412
Commercial Portfolio Segment [Member]
Total loans	83,033	100,201
Commercial Portfolio Segment [Member] | Pass [Member]
Total loans	73,154	92,010
Commercial Portfolio Segment [Member] | Watch [Member]
Total loans	9,647	7,791
Commercial Portfolio Segment [Member] | Special Mention [Member]
Total loans	0	168
Commercial Portfolio Segment [Member] | Substandard [Member]
Total loans	232	232
Commercial Portfolio Segment [Member] | Nonperforming Financial Instruments [Member]
Total loans	0	0
Commercial Portfolio Segment [Member] | Performing Financial Instruments [Member]
Total loans	$ 83,033	$ 100,201

Note 3 - Loans Receivable - COV

Note 3 - Loans Receivable - COVID-19 Loan Modifications (Details) $ in Thousands	Mar. 31, 2021USD ($)
Count	4
Balance	$ 8,052
Percent	100.00%
Real Estate Portfolio Segment [Member]
Count	3
Balance	$ 8,040
Percent	99.90%
Real Estate Portfolio Segment [Member] | One-to-four Family Loan [Member]
Count	0
Balance	$ 0
Percent	0.00%
Real Estate Portfolio Segment [Member] | Multi-family Loan [Member]
Count	1
Balance	$ 918
Percent	11.40%
Real Estate Portfolio Segment [Member] | Commercial Real Estate [Member]
Count	2
Balance	$ 7,122
Percent	88.50%
Real Estate Portfolio Segment [Member] | Construction Loans [Member]
Count	0
Balance	$ 0
Percent	0.00%
Consumer Portfolio Segment [Member]
Count	1
Balance	$ 12
Percent	0.10%
Consumer Portfolio Segment [Member] | Home Equity Loan [Member]
Count	0
Balance	$ 0
Percent	0.00%
Consumer Portfolio Segment [Member] | Automobile and Other Loan [Member]
Count	1
Balance	$ 12
Percent	0.10%
Commercial Portfolio Segment [Member]
Count	0
Balance	$ 0
Percent	0.00%

Note 3 - Loans Receivable - Tro

Note 3 - Loans Receivable - Troubled Debt Restructurings (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Total TDR loans	$ 1,973	$ 2,224
Total nonaccrual TDR loans	107	108
Total accrual TDR loans	1,866	2,116
Troubled Debt Restructurings [Member]
Allowance for loan losses related to TDR loans	24	26
One-to-four Family Loan [Member] | Real Estate Portfolio Segment [Member]
Total TDR loans	1,914	2,162
Total nonaccrual TDR loans	107	108
Total accrual TDR loans	1,807	2,054
Home Equity Loan [Member] | Consumer Portfolio Segment [Member]
Total TDR loans	59	62
Total nonaccrual TDR loans	0	0
Total accrual TDR loans	$ 59	$ 62

Note 4 - Deposits (Details Text

Note 4 - Deposits (Details Textual) - USD ($) $ in Millions	Mar. 31, 2021	Dec. 31, 2020
Time Deposits, at or Above FDIC Insurance Limit	$ 80.1	$ 91.7
Interest-bearing Domestic Deposit, Brokered	85.9	89.6
Deposits, Public Fund	98.4	80.9
Pledged Financial Instruments, Not Separately Reported, Securities, Total	$ 51.8	$ 48.1

Note 4 - Deposits - Deposits (D

Note 4 - Deposits - Deposits (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Savings	$ 186,173	$ 164,434
Savings, weighted-average interest rate	0.27%	0.17%
Transaction accounts	$ 466,143	$ 431,171
Transaction accounts, weighted-average interest rate	0.00%	0.01%
Money market accounts	$ 495,265	$ 429,143
Money market accounts, weighted-average interest rate	0.23%	0.31%
Certificates of deposit	$ 287,226	$ 308,769
Certificates of deposit, weighted-average interest rate	0.80%	1.00%
Deposits, Total	$ 1,434,807	$ 1,333,517
Weighted Average Rate, Interest-bearing Domestic Deposits, Point in Time	0.28%	0.36%

Note 4 - Deposits - Maturities

Note 4 - Deposits - Maturities of Certificates (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Within one year or less	$ 184,108	$ 185,804
After one year through two years	51,647	70,705
After two years through three years	37,591	37,417
After three years through four years	7,227	6,938
After four years through five years	6,653	7,905
After five years	0	0
Time Deposits, Total	$ 287,226	$ 308,769

Note 4 - Deposits - Interest on

Note 4 - Deposits - Interest on Deposits by Type (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Savings	$ 40	$ 340
Transaction accounts	7	19
Money market accounts	286	356
Certificates of deposit	601	1,423
Interest Expense, Deposits, Total	$ 934	$ 2,138

Note 5 - Federal Taxes on Inc_2

Note 5 - Federal Taxes on Income (Details Textual)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Effective Income Tax Rate Reconciliation, Percent, Total	13.20%	18.90%
Effective Income Tax Rate Reconciliation, at Federal Statutory Income Tax Rate, Percent	21.00%	21.00%

Note 6 - Earnings Per Share (De

Note 6 - Earnings Per Share (Details Textual) - shares	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020
Employee Stock Ownership Plan (ESOP), Number of Suspense Shares (in shares)	727,859	741,080	780,785

Note 6 - Earnings Per Share - C

Note 6 - Earnings Per Share - Components Used to Compute Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020
Net income	$ 3,120	$ 873
Basic weighted average common shares outstanding (in shares)	9,094,354	9,624,727
Dilutive restricted stock grants (in shares)	91,371	51,650
Diluted weighted average common shares outstanding (in shares)	9,185,725	9,676,377
Basic earnings per share (in dollars per share)	$ 0.34	$ 0.09
Diluted earnings per share (in dollars per share)	$ 0.34	$ 0.09

Note 7 - Employee Benefits (Det

Note 7 - Employee Benefits (Details Textual)	Mar. 31, 2021USD ($)	Mar. 31, 2021USD ($)	Mar. 22, 2021USD ($)	Mar. 31, 2020USD ($)	Mar. 23, 2021USD ($)
Defined Benefit Plan, Amortization of Prior Service Cost (Credit), Period (Year)		15 years
Employee Stock Ownership Plan (ESOP), Minimum Service Period, Hours		1,000
Employee Stock Ownership Plan (ESOP), Requisite Service Period (Month)		12 months
Employee Stock Ownership Plan (ESOP), Debt Structure, Amortization Period (Year)		20 years
Employee Stock Ownership Plan (ESOP), Debt Structure, Estimated Interest Rate	2.46%	2.46%
Employee Stock Ownership Plan (ESOP), Compensation Expense, Net of Dividends Received		$ 217,000		$ 151,000
Accumulated Defined Benefit Plans Adjustment, Net Prior Service Attributable to Parent [Member]
Accumulated Other Comprehensive (Income) Loss, Defined Benefit Plan, Prior Service Cost (Credit), after Tax	$ 1,745,519	$ 1,745,519
Pentegra Defined Benefit Plan for Financial Institutions [Member]
Multiemployer Plan, Employer Contribution, Cost, Total			$ 2,717,599
Pension Plan [Member] | First Federal Defined Benefit Plan [Member]
Defined Benefit Plan, Plan Assets, Amount, Ending Balance					$ 14,705,000
Defined Benefit Plan, Benefit Obligation, Ending Balance					$ 14,197,000
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Discount Rate	2.95%	2.95%
Defined Benefit Plan, Assumptions Used Calculating Benefit Obligation, Rate of Compensation Increase	0.00%	0.00%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Discount Rate	2.95%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Expected Long-term Rate of Return on Plan Assets	5.75%
Defined Benefit Plan, Assumptions Used Calculating Net Periodic Benefit Cost, Rate of Compensation Increase	0.00%

Note 7 - Employee Benefits - Sh

Note 7 - Employee Benefits - Shares Issued to the ESOP (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020	Mar. 31, 2020
Allocated shares (in shares)	306,949	306,949
Committed to be released shares (in shares)	13,221	0
Unallocated shares (in shares)	727,859	741,080	780,785
Total ESOP shares issued (in shares)	1,048,029	1,048,029
Fair value of unallocated shares	$ 12,097	$ 11,561

Note 8 - Stock-based Compensa_3

Note 8 - Stock-based Compensation (Details Textual) - USD ($)	3 Months Ended
	Mar. 31, 2021	Mar. 31, 2020	Dec. 31, 2020
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance (in shares)	371,568		292,892
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period (in shares)	84,896	35,100
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Amount, Total	$ 4,600,000
Share-based Payment Arrangement, Nonvested Award, Cost Not yet Recognized, Period for Recognition (Year)	2 years 10 months 17 days
Restricted Stock [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)	3 years
Restricted Stock [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period (Year)	5 years
First Northwest Bancorp 2020 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized (in shares)	520,000
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in shares)	336,480
First Northwest Bancorp 2015 Equity Incentive Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Available for Grant (in shares)	0
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number, Ending Balance (in shares)	189,500
The Equity Incentive Plans [Member]
Share-based Payment Arrangement, Expense	$ 404,000	$ 304,000
The Equity Incentive Plans [Member] | Director [Member]
Share-based Payment Arrangement, Expense	$ 91,000	$ 85,000

Note 8 - Stock-based Compensa_4

Note 8 - Stock-based Compensation - Non-vested Restricted Stock Awards (Details) - Restricted Stock [Member] - $ / shares		3 Months Ended
		Mar. 31, 2021	Mar. 31, 2020
Non-vested, shares (in shares)		292,892
Non-vested, weighted-average grant date fair value (in dollars per share)		$ 13.96
Granted, shares (in shares)		84,896	35,100
Granted, weighted-average grant date fair value (in dollars per share)		$ 18.60
Vested, shares (in shares)		(5,620)
Vested, weighted-average grant date fair value (in dollars per share)		$ 16.42
Canceled, shares (in shares)	[1]	(600)
Canceled, weighted-average grant date fair value (in dollars per share)	[1]	$ 16.42
Non-vested, shares (in shares)		371,568
Non-vested, weighted-average grant date fair value (in dollars per share)		$ 14.98
[1]	A surrender of vested stock awards by a participant surrendering the number of shares valued at the current stock price at the vesting date to cover the participant's share of tax on the vested shares. The surrendered shares are canceled and are unavailable for reissue.

Note 9 - Fair Value Accountin_3

Note 9 - Fair Value Accounting and Measurement (Details Textual) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Fair Value, Measurement with Unobservable Inputs Reconciliation, Discount	$ 0	$ 0

Note 9 - Fair Value Accountin_4

Note 9 - Fair Value Accounting and Measurement - Assets and Liabilities Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Investment securities available for sale, at fair value	$ 393,495	$ 364,296
Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	393,495	364,296
Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	0	0
Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	393,495	355,384
Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	0	8,912
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	132,492	127,862
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	0	0
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	132,492	127,862
US States and Political Subdivisions Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	0	0
US Government-sponsored Enterprises Debt Securities [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	1,913
US Government-sponsored Enterprises Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	0
US Government-sponsored Enterprises Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	1,913
US Government-sponsored Enterprises Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	0
Asset-backed Securities, Issued by US Government Agencies [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	65,910	63,820
Asset-backed Securities, Issued by US Government Agencies [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	0	0
Asset-backed Securities, Issued by US Government Agencies [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	65,910	63,820
Asset-backed Securities, Issued by US Government Agencies [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	0	0
Asset-backed Securities, Issued by Private Enterprises [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	17,505	29,280
Asset-backed Securities, Issued by Private Enterprises [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	0	0
Asset-backed Securities, Issued by Private Enterprises [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	17,505	29,280
Asset-backed Securities, Issued by Private Enterprises [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	0	0
Corporate Debt Securities [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	43,890	35,510
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	0	0
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	43,890	32,970
Corporate Debt Securities [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	0	2,540
US Small Business Administration Securities [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	17,566	18,564
US Small Business Administration Securities [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	0	0
US Small Business Administration Securities [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	17,566	18,564
US Small Business Administration Securities [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	0	0
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	74,016	62,683
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	0	0
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	74,016	62,683
Mortgage-backed Securities, Issued by US Government Sponsored Enterprises [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	0	0
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	40,203	26,577
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Fair Value, Inputs, Level 1 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	0	0
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Fair Value, Inputs, Level 2 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	40,203	20,205
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Recurring [Member]
Investment securities available for sale, at fair value	$ 0	$ 6,372

Note 9 - Fair Value Accountin_5

Note 9 - Fair Value Accounting and Measurement - Quantitative Information (Details) - Fair Value, Inputs, Level 3 [Member] - Fair Value, Recurring [Member] - Valuation, Market Approach [Member] $ in Thousands	Dec. 31, 2020USD ($)
Assets, fair value	$ 1,000
Minimum [Member] | Measurement Input, Quoted Price [Member]
Measurement input	92	[1]
Minimum [Member] | Measurement Input, Comparability Adjustment [Member]
Measurement input	(0.074)	[1]
Maximum [Member] | Measurement Input, Quoted Price [Member]
Measurement input	100	[1]
Maximum [Member] | Measurement Input, Comparability Adjustment [Member]
Measurement input	0	[1]
Corporate Debt Securities [Member]
Assets, fair value	$ 1,540
Corporate Debt Securities [Member] | Minimum [Member] | Measurement Input, Quoted Price [Member]
Measurement input	89	[1]
Corporate Debt Securities [Member] | Maximum [Member] | Measurement Input, Quoted Price [Member]
Measurement input	91	[1]
Mortgage-backed Securities, Issued by Private Enterprises [Member]
Assets, fair value	$ 6,372
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Minimum [Member] | Measurement Input, Quoted Price [Member]
Measurement input	104	[1]
Mortgage-backed Securities, Issued by Private Enterprises [Member] | Maximum [Member] | Measurement Input, Quoted Price [Member]
Measurement input	107	[1]
[1]	Unobservable inputs were weighted by the relative fair value of the instruments.

Note 9 - Fair Value Accountin_6

Note 9 - Fair Value Accounting and Measurement - Changes in Level 3 Assets (Details) - Fair Value, Inputs, Level 3 [Member] - Fair Value, Recurring [Member] - USD ($) $ in Thousands	3 Months Ended		12 Months Ended
	Mar. 31, 2021		Dec. 31, 2020
Balance at Beginning of Period	$ 8,912		$ 0
Transfers Into Level 3	(8,912)	[1]	1,540	[2]
Purchases	0		7,372
Unrealized	0		0
Total	0		8,912
Corporate Debt Securities [Member]
Balance at Beginning of Period	2,540		0
Transfers Into Level 3	(2,540)	[1]	1,540	[2]
Purchases	0		1,000
Unrealized	0		0
Total	0		2,540
Mortgage-backed Securities, Issued by Private Enterprises [Member]
Balance at Beginning of Period	6,372		0
Transfers Into Level 3	(6,372)	[1]	0	[2]
Purchases	0		6,372
Unrealized	0		0
Total	$ 0		$ 6,372
[1]	Transferred from Level 3 to Level 2 after obtaining observable market data.
[2]	Transferred from Level 2 to Level 3 because of a lack of observable market data, resulting from little to no market activity for the securities.

Note 9 - Fair Value Accountin_7

Note 9 - Fair Value Accounting and Measurement - Assets Measured at Fair Value on a Nonrecurring Basis (Details) - Fair Value, Nonrecurring [Member] - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Impaired loans	$ 5,403	$ 5,511
Fair Value, Inputs, Level 1 [Member]
Impaired loans	0	0
Fair Value, Inputs, Level 2 [Member]
Impaired loans	0	0
Fair Value, Inputs, Level 3 [Member]
Impaired loans	$ 5,403	$ 5,511

Note 9 - Fair Value Accountin_8

Note 9 - Fair Value Accounting and Measurement - Carrying Values and Estimated Fair Values of Financial Instruments (Details) - USD ($) $ in Thousands	Mar. 31, 2021	Dec. 31, 2020
Investment securities available for sale	$ 393,495	$ 364,296
Accrued interest receivable	6,251	6,966
Reported Value Measurement [Member]
Cash and cash equivalents	15,827	65,155
Investment securities available for sale	393,495	364,296
Loans held for sale	4,037	3,753
Loans receivable, net	1,156,439	1,141,969
FHLB stock	3,997	5,977
Accrued interest receivable	6,251	6,966
Mortgage servicing rights, net	2,309	2,120
FHLB Borrowings	50,000	109,977
Subordinated debt	39,310
Accrued interest payable	84	53
Loans held for sale	4,037	3,753
Reported Value Measurement [Member] | Demand Deposits [Member]
Demand deposits	1,147,581	1,024,748
Reported Value Measurement [Member] | Time Deposits [Member]
Demand deposits	287,226	308,769
Estimate of Fair Value Measurement [Member]
Cash and cash equivalents	15,827	65,155
Investment securities available for sale	393,495	364,296
Loans held for sale	4,037	3,753
Loans receivable, net	1,147,018	1,129,570
FHLB stock	3,997	5,977
Accrued interest receivable	6,251	6,966
Mortgage servicing rights, net	2,499	2,189
FHLB Borrowings	50,447	111,462
Subordinated debt	39,310
Accrued interest payable	84	53
Loans held for sale	4,037	3,753
Estimate of Fair Value Measurement [Member] | Demand Deposits [Member]
Demand deposits	1,147,581	1,024,748
Estimate of Fair Value Measurement [Member] | Time Deposits [Member]
Demand deposits	288,807	310,992
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member]
Cash and cash equivalents	15,827	65,155
Investment securities available for sale	0	0
Loans held for sale	0	0
Loans receivable, net	0	0
FHLB stock	0	0
Accrued interest receivable	0	0
Mortgage servicing rights, net	0	0
FHLB Borrowings	0	0
Subordinated debt	0
Accrued interest payable	0	0
Loans held for sale	0	0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | Demand Deposits [Member]
Demand deposits	1,147,581	1,024,748
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 1 [Member] | Time Deposits [Member]
Demand deposits	0	0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member]
Cash and cash equivalents	0	0
Investment securities available for sale	393,495	355,384
Loans held for sale	4,037	3,753
Loans receivable, net	0	0
FHLB stock	3,997	5,977
Accrued interest receivable	6,251	6,966
Mortgage servicing rights, net	0	0
FHLB Borrowings	50,447	111,462
Subordinated debt	39,310
Accrued interest payable	84	53
Loans held for sale	4,037	3,753
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Demand Deposits [Member]
Demand deposits	0	0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 2 [Member] | Time Deposits [Member]
Demand deposits	288,807	310,992
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member]
Cash and cash equivalents	0	0
Investment securities available for sale	0	8,912
Loans held for sale	0	0
Loans receivable, net	1,147,018	1,129,570
FHLB stock	0	0
Accrued interest receivable	0	0
Mortgage servicing rights, net	2,499	2,189
FHLB Borrowings	0	0
Subordinated debt	0
Accrued interest payable	0	0
Loans held for sale	0	0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | Demand Deposits [Member]
Demand deposits	0	0
Estimate of Fair Value Measurement [Member] | Fair Value, Inputs, Level 3 [Member] | Time Deposits [Member]
Demand deposits	$ 0	$ 0

Note 10 - Subsequent Event (Det

Note 10 - Subsequent Event (Details Textual) - USD ($)	Jan. 29, 2015	May 14, 2021	Mar. 31, 2021	Dec. 31, 2020
Loans and Leases Receivable, Net Amount, Total			$ 1,156,439,000	$ 1,141,969,000
Stock Issued During Period, Shares, New Issues (in shares)	13,100,360
Quin Ventures, Inc [Member] | Subsequent Event [Member] | Joint Venture Agreement [Member] | Partially Unfunded Loan Commitment [Member]
Loans and Leases Receivable, Net Amount, Total		$ 15,000,000
POM Peace of Mind, Inc [Member] | Subsequent Event [Member] | Joint Venture Agreement [Member]
Stock Issued During Period, Shares, New Issues (in shares)		29,719
Stock Issued During Period, Value, New Issues		$ 500,000