Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | Note 3 Loans receivable consist of the following at the dates indicated: December 31, 2021 December 31, 2020 (In thousands) Real Estate: One- to four-family $ 294,965 $ 309,828 Multi-family 172,409 162,467 Commercial real estate 363,299 296,574 Construction and land 224,709 123,627 Total real estate loans 1,055,382 892,496 Consumer: Home equity 39,172 33,103 Auto and other consumer 182,769 128,233 Total consumer loans 221,941 161,336 Commercial business loans 79,838 100,201 Total loans 1,357,161 1,154,033 Less: Net deferred loan fees 4,772 4,346 Premium on purchased loans, net (12,995 ) (6,129 ) Allowance for loan losses 15,124 13,847 Total loans receivable, net $ 1,350,260 $ 1,141,969 Loans, by the earlier of next repricing date or maturity, at the dates indicated: December 31, 2021 December 31, 2020 (In thousands) Adjustable-rate loans Due within one year $ 302,187 $ 149,701 After one but within five years 258,094 231,491 After five but within ten years 54,351 83,286 After ten years 19,098 16,608 633,730 481,086 Fixed-rate loans Due within one year $ 31,970 54,903 After one but within five years 148,233 107,785 After five but within ten years 194,245 219,014 After ten years 348,983 291,245 723,431 672,947 Total loans $ 1,357,161 $ 1,154,033 The adjustable-rate loans have interest rate adjustment limitations and are generally indexed to multiple indices. Future market factors may The following tables summarize changes in the ALLL and the loan portfolio by segment and impairment method at or for the periods shown: At or For the Year Ended December 31, 2021 One- to four-family Multi-family Commercial real estate Construction and land Home equity Auto and other consumer Commercial 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 (291 ) 52 576 1,203 (25 ) (270 ) 41 64 1,350 Charge-offs — — — — (12 ) (865 ) — — (877 ) Recoveries 6 — — 8 76 714 — — 804 Ending balance $ 3,184 $ 1,816 $ 3,996 $ 2,672 $ 407 $ 2,221 $ 470 $ 358 $ 15,124 At December 31, 2021 One- to four-family Multi-family Commercial real estate Construction and land Home equity Auto and other consumer Commercial business Unallocated Total (In thousands) Total ALLL $ 3,184 $ 1,816 $ 3,996 $ 2,672 $ 407 $ 2,221 $ 470 $ 358 $ 15,124 General reserve 3,159 1,816 3,996 2,672 402 2,138 470 358 15,011 Specific reserve 25 — — — 5 83 — — 113 Total loans $ 294,965 $ 172,409 $ 363,299 $ 224,709 $ 39,172 $ 182,769 $ 79,838 $ — $ 1,357,161 General reserves (1) 292,708 172,409 363,228 224,687 38,839 182,257 79,838 — 1,353,966 Specific reserves (2) 2,257 — 71 22 333 512 — — 3,195 ( 1 ( 2 At or For the Year Ended December 31, 2020 One- to four-family Multi-family Commercial real estate Construction and land Home equity Auto and other consumer Commercial 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 387 876 1,177 1,062 (99 ) 1,279 221 143 5,046 Charge-offs — — — (5 ) — (992 ) — — (997 ) Recoveries 58 — — 5 13 94 — — 170 Ending balance $ 3,469 $ 1,764 $ 3,420 $ 1,461 $ 368 $ 2,642 $ 429 $ 294 $ 13,847 At December 31, 2020 One- to four-family Multi-family Commercial real estate Construction and land Home equity Auto and other consumer Commercial 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 General reserves (1) 306,862 162,183 295,296 123,601 32,968 127,411 100,201 — 1,148,522 Specific reserves (2) 2,966 284 1,278 26 135 822 — — 5,511 ( 1 ( 2 The following table presents a summary of loans individually evaluated for impairment by portfolio segment including the average recorded investment in and interest income recognized on impaired loans at or for the periods shown: Year Ended December 31, 2021 December 31, 2021 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized (In thousands) With no allowance recorded: One- to four-family $ 212 $ 247 $ — $ 219 $ 12 Multi-family — — — 94 — Commercial real estate 71 177 — 1,016 — Construction and land — 24 — — — Home equity 26 59 — 32 1 Auto and other consumer — 77 — 29 7 Commercial business — — — — — Total 309 584 — 1,390 20 With an allowance recorded: One- to four-family 2,045 2,245 25 2,281 138 Multi-family — — — — — Commercial real estate — — — 121 — Construction and land 22 22 — 24 1 Home equity 307 329 5 155 9 Auto and other consumer 512 512 83 653 13 Commercial business — — — — — Total 2,886 3,108 113 3,234 161 Total impaired loans: One- to four-family 2,257 2,492 25 2,500 150 Multi-family — — — 94 — Commercial real estate 71 177 — 1,137 — Construction and land 22 46 — 24 1 Home equity 333 388 5 187 10 Auto and other consumer 512 589 83 682 20 Commercial business — — — — — Total $ 3,195 $ 3,692 $ 113 $ 4,624 $ 181 The following table presents a summary of loans individually evaluated for impairment by portfolio segment including the average recorded investment in and interest income recognized on impaired loans at or for the periods shown: Year Ended December 31, 2020 December 31, 2020 Recorded Investment Unpaid Principal Balance Related Allowance Average Recorded Investment Interest Income Recognized (In thousands) With no allowance recorded: One- to four-family $ 227 $ 257 $ — $ 168 $ 13 Commercial real estate 1,216 1,308 — 1,213 33 Construction and land — 29 — 9 — Home equity 37 94 — 41 1 Auto and other consumer — 224 — — 13 Commercial business — — — 68 — Total 1,764 2,196 — 1,718 60 With an allowance recorded: One- to four-family 2,739 2,941 36 3,197 177 Multi-family — — — 119 — Commercial real estate 62 62 1 301 3 Construction and land 26 26 — 27 3 Home equity 98 157 4 186 9 Auto and other consumer 822 953 276 721 33 Commercial business — — — 109 — Total 3,747 4,139 317 4,660 225 Total impaired loans: One- to four-family 2,966 3,198 36 3,365 190 Multi-family 284 284 — 338 — Commercial real estate 1,278 1,370 1 1,514 36 Construction and land 26 55 — 36 3 Home equity 135 251 4 227 10 Auto and other consumer 822 1,177 276 721 46 Commercial business — — — 177 — Total $ 5,511 $ 6,335 $ 317 $ 6,378 $ 285 Interest income recognized on a cash basis on impaired loans for the years ended December 31, 2021 2020 The following table presents the recorded investment in nonaccrual loans by class of loan at the dates indicated: December 31, 2021 December 31, 2020 (In thousands) One- to four-family $ 494 $ 912 Multi-family — 284 Commercial real estate 71 157 Construction and land 22 26 Home equity 282 73 Auto and other consumer 512 821 Total nonaccrual loans $ 1,381 $ 2,273 Past due loans 90 December 31, 2021 2020 The following table presents the recorded investment of past due loans, by class, as of December 31, 2021 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Total Past Due Current Total Loans (In thousands) Real Estate: One- to four-family $ 786 $ — $ — $ 786 $ 294,179 $ 294,965 Multi-family — — — — 172,409 172,409 Commercial real estate — — — — 363,299 363,299 Construction and land 293 — — 293 224,416 224,709 Total real estate loans 1,079 — — 1,079 1,054,303 1,055,382 Consumer: Home equity 83 — — 83 39,089 39,172 Auto and other consumer 469 368 99 936 181,833 182,769 Total consumer loans 552 368 99 1,019 220,922 221,941 Commercial business loans 7 — — 7 79,831 79,838 Total loans $ 1,638 $ 368 $ 99 $ 2,105 $ 1,355,056 $ 1,357,161 The following table presents the recorded investment of past due loans, by class, as of December 31, 2020 30-59 Days Past Due 60-89 Days Past Due 90 Days or More Past Due Total 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 First Fed classifies problem assets as either substandard or doubtful, it may may not not 4 5 not 1 3 Additionally, First Fed 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 December 31, 2021 Pass Watch Special Mention Substandard Total (In thousands) Real Estate: One- to four-family $ 291,421 $ 2,727 $ 53 $ 764 $ 294,965 Multi-family 153,704 18,705 — — 172,409 Commercial real estate 326,444 22,850 3,057 10,948 363,299 Construction and land 215,262 295 9,130 22 224,709 Total real estate loans 986,831 44,577 12,240 11,734 1,055,382 Consumer: Home equity 38,739 83 — 350 39,172 Auto and other consumer 181,356 835 65 513 182,769 Total consumer loans 220,095 918 65 863 221,941 Commercial business loans 79,616 222 — — 79,838 Total loans $ 1,286,542 $ 45,717 $ 12,305 $ 12,597 $ 1,357,161 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 December 31, 2021 Nonperforming Performing Total (In thousands) Real Estate: One- to four-family $ 494 $ 294,471 $ 294,965 Multi-family — 172,409 172,409 Commercial real estate 71 363,228 363,299 Construction and land 22 224,687 224,709 Consumer: Home equity 282 38,890 39,172 Auto and other consumer 512 182,257 182,769 Commercial business loans — 79,838 79,838 Total loans $ 1,381 $ 1,355,780 $ 1,357,161 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 loans — 100,201 100,201 Total loans $ 2,273 $ 1,151,760 $ 1,154,033 The Coronavirus Aid, Relief, and Economic Security Act of 2020 March 27, 2020, ( 19 not six 30 December 31, 2020, 19 not December 31, 2021, The following is a summary of information pertaining to TDR loans included in impaired loans at the dates indicated: December 31, 2021 December 31, 2020 (In thousands) Total TDR loans $ 1,843 $ 2,224 Allowance for loan losses related to TDR loans 21 26 Total nonaccrual TDR loans 29 108 There were no newly restructured and renewals or modifications of existing TDR loans that occurred during the year ended December 31, 2021 The following is a summary of TDR loans that incurred a payment default within 12 December 31, 2021 Number of Contracts Rate Modification Term Modification Combination Modification Total Modifications (Dollars in thousands) TDR loans that subsequently defaulted One- to four-family 1 $ 29 $ — $ — $ 29 The following table presents newly restructured and renewals or modifications of existing TDR loans by class that occurred during the year ended December 31, 2020 Number of Contracts Rate Modification Term Modification Combination Modification Total Modifications (Dollars in thousands) Pre-modification outstanding recorded investment One- to four-family 1 $ 29 $ — $ — $ 29 Post-modification outstanding recorded investment One- to four-family 1 $ 29 $ — $ — $ 29 There were no TDR loans that incurred a payment default within 12 December 31, 2020 No additional funds are committed to be advanced in connection with TDR loans at December 31, 2021 The following table presents TDR loans by class at the dates indicated by accrual and nonaccrual status. December 31, 2021 December 31, 2020 Accrual Nonaccrual Total Accrual Nonaccrual Total (In thousands) One- to four-family $ 1,763 $ 29 $ 1,792 $ 2,054 $ 108 $ 2,162 Home equity 51 — 51 62 — 62 Total TDR loans $ 1,814 $ 29 $ 1,843 $ 2,116 $ 108 $ 2,224 |