First Northwest Bancorp (FNWB) 10-K 6 Mar 20 2019 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($)	12 Months Ended
	Dec. 31, 2019	Feb. 28, 2020	Jun. 30, 2019
Document Information [Abstract]
Entity Registrant Name	First Northwest Bancorp
Entity Central Index Key	0001556727
Document Type	10-K
Document Period End Date	Dec. 31, 2019
Amendment Flag	false
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Document Fiscal Period Focus	FY
Document Fiscal Year Focus	2019
Common Stock, Shares Outstanding		10,628,030
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Small Business	true
Entity Emerging Growth Company	true
Entity Ex Transition Period	true
Entity Shell Company	false
Entity Public Float			$ 170,540,451

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
ASSETS
Cash and due from banks	$ 13,519	$ 15,430
Interest-bearing deposits in banks	35,220	10,893
Investment securities available for sale, at fair value	315,580	262,967
Investment securities held to maturity, at amortized cost	0	43,503
Loans held for sale	503	0
Loans receivable (net of allowance for loan losses of $9,628 and $9,533)	878,437	863,852
Federal Home Loan Bank (FHLB) stock, at cost	6,034	6,927
Accrued interest receivable	3,931	4,048
Premises and equipment, net	14,342	15,255
Mortgage servicing rights, net	871	1,044
Bank-owned life insurance, net	30,027	29,319
Prepaid expenses and other assets	8,872	5,520
Total assets	1,307,336	1,258,758
LIABILITIES AND SHAREHOLDERS' EQUITY
Deposits	1,001,645	940,260
Borrowings	112,930	136,552
Accrued interest payable	373	521
Accrued expenses and other liabilities	14,392	8,071
Advances from borrowers for taxes and insurance	1,145	1,090
Total liabilities	1,130,485	1,086,494
Commitments and Contingencies (Note 14)
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 10,731,639 at December 31, 2019; issued and outstanding 11,170,018 at December 31, 2018	107	112
Additional paid-in capital	102,017	105,825
Retained earnings	86,156	81,607
Accumulated other comprehensive (loss) income, net of tax	(1,539)	(4,731)
Unearned employee stock ownership plan (ESOP) shares	(9,890)	(10,549)
Total shareholders' equity	176,851	172,264
Total liabilities and shareholders' equity	$ 1,307,336	$ 1,258,758

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Statement of Financial Position [Abstract]
Allowance for loan losses	$ 9,628	$ 9,533
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)	10,731,639	11,170,018
Common stock, shares outstanding (in shares)	10,731,639	11,170,018

Consolidated Statements of Inco

Consolidated Statements of Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
INTEREST INCOME
Interest and fees on loans receivable	$ 40,166	$ 36,446
Interest on mortgage-backed and related securities	4,606	5,031
Interest on investment securities	3,965	3,831
Interest-bearing deposits and other	244	186
FHLB dividends	332	311
Total interest income	49,313	45,805
INTEREST EXPENSE
Deposits	8,304	5,350
Borrowings	3,144	3,663
Total interest expense	11,448	9,013
Net interest income	37,865	36,792
PROVISION FOR LOAN LOSSES	669	1,174
Net interest income after provision for loan losses	37,196	35,618
NONINTEREST INCOME
Loan and deposit service fees	3,893	4,167
Mortgage servicing fees, net	176	188
Net gain on sale of loans	1,077	577
Net gain on sale of investment securities	836	77
Increase in cash surrender value of bank-owned life insurance, net	708	595
Income from death benefit on bank-owned life insurance, net	0	0
Other income	322	315
Total noninterest income	7,012	5,919
NONINTEREST EXPENSE
Compensation and benefits	18,999	18,946
Data processing	2,623	2,645
Occupancy and equipment	4,642	4,473
Supplies, postage, and telephone	883	890
Regulatory assessments and state taxes	783	625
Advertising	1,081	1,002
Professional fees	1,121	1,410
FDIC insurance premium	82	307
FHLB prepayment penalty	344	0
Other	2,559	2,559
Total noninterest expense	33,117	32,857
INCOME BEFORE PROVISION FOR INCOME TAXES	11,091	8,680
PROVISION FOR INCOME TAXES	2,077	1,575
NET INCOME	$ 9,014	$ 7,105
Basic earnings per share (in dollars per share)	$ 0.92	$ 0.69
Diluted earnings per share (in dollars per share)	$ 0.91	$ 0.68

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Statement of Comprehensive Income [Abstract]
NET INCOME	$ 9,014	$ 7,105
Unrealized (loss) gain on securities:
Unrealized holding gain (loss), net of tax provision (benefit) of $1,053 and $(824), respectively	3,852	(3,119)
Reclassification adjustment for net gains on sales of securities realized in income, net of taxes of $(176) and $(11), respectively	(660)	(39)
Other comprehensive income (loss), net of tax	3,192	(3,158)
COMPREHENSIVE INCOME	$ 12,206	$ 3,947

Consolidated Statements of Co_2

Consolidated Statements of Comprehensive Income (Parenthetical) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Statement of Comprehensive Income [Abstract]
Unrealized holding (loss) gain, tax (benefit) provision	$ 1,053	$ (824)
Reclassification adjustments for net gains on sales of securities realized in income, tax	$ (176)	$ (11)

Consolidated Statements of Chan

Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands	Total	Common Stock	Additional Paid-in Capital	Retained Earnings	Unearned ESOP Shares	Accumulated Other Comprehensive Loss, Net of Tax
Beginning balance (in shares) at Dec. 31, 2017		11,785,507
Beginning balance at Dec. 31, 2017	$ 177,045	$ 118	$ 111,106	$ 78,602	$ (11,208)	$ (1,573)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	7,105			7,105
Common stock repurchased (in shares)		(623,813)
Common stock repurchased	(10,003)	$ (6)	(6,232)	(3,765)
Restricted stock awards granted net of forfeitures (in shares)		26,400
Restricted stock awards canceled (in shares)		(18,076)
Restricted stock awards canceled	(294)		(294)
Other comprehensive income (loss), net of tax	(3,158)					(3,158)
Share-based compensation	1,053		1,053
Allocation of ESOP shares	851		192		659
Cash dividends declared and paid	$ (335)			(335)
Ending balance (in shares) at Dec. 31, 2018	11,170,018	11,170,018
Ending balance at Dec. 31, 2018	$ 172,264	$ 112	105,825	81,607	(10,549)	(4,731)
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income	9,014			9,014
Common stock repurchased (in shares)		(477,837)
Common stock repurchased	(7,830)	$ (5)	(4,774)	(3,051)
Restricted stock awards granted net of forfeitures (in shares)		57,900
Restricted stock awards canceled (in shares)		(18,442)
Restricted stock awards canceled	(305)		(305)
Other comprehensive income (loss), net of tax	3,192					3,192
Share-based compensation	1,062		1,062
Allocation of ESOP shares	868		209		659
Cash dividends declared and paid	$ (1,414)			(1,414)
Ending balance (in shares) at Dec. 31, 2019	10,731,639	10,731,639
Ending balance at Dec. 31, 2019	$ 176,851	$ 107	$ 102,017	$ 86,156	$ (9,890)	$ (1,539)

Consolidated Statements of Ch_2

Consolidated Statements of Changes in Shareholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Statement of Stockholders' Equity [Abstract]
Cash dividend declared, price per share (in dollars per share)	$ 0.13	$ 0.03
Cash dividend paid, price per share (in dollars per share)	$ 0.13	$ 0.03

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES
Net income	$ 9,014	$ 7,105
Adjustments to reconcile net income to net cash from operating activities:
Depreciation and amortization	1,339	1,325
Amortization and accretion of premiums and discounts on investments, net	1,791	1,825
Amortization of deferred loan fees, net	(1,267)	219
Amortization of mortgage servicing rights	251	256
Additions to mortgage servicing rights	(75)	(208)
Net (decrease) increase on the valuation allowance on mortgage servicing rights	(3)	3
Provision for (recapture of) loan losses	669	1,174
Deferred federal income taxes, net	313	(352)
Allocation of ESOP shares	868	851
Share-based compensation	1,062	1,053
Gain on sale of loans, net	(1,077)	(577)
Gain on sale of securities available for sale, net	(836)	(50)
Gain on sale of securities held to maturity, net	0	(27)
Increase in cash surrender value of life insurance, net	(708)	(595)
Origination of loans held for sale	(34,080)	(22,152)
Proceeds from loans held for sale	34,654	23,517
Change in assets and liabilities:
Decrease (increase) in accrued interest receivable	117	(303)
Increase in prepaid expenses and other assets	(4,108)	(65)
(Decrease) increase in accrued interest payable	(148)	196
Increase in accrued expenses and other liabilities	6,321	142
Net cash from operating activities	14,097	13,337
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of securities available for sale	(58,476)	(63,046)
Proceeds from maturities, calls, and principal repayments of securities available for sale	30,157	25,447
Proceeds from sales of securities available for sale	16,545	56,683
Proceeds from maturities, calls, and principal repayments of securities held to maturity	5,756	6,368
Proceeds from sales of securities held to maturity	0	2,702
Redemption of FHLB stock	893	96
Net increase in loans receivable	(14,399)	(86,134)
Purchase of premises and equipment, net	(426)	(2,841)
Net cash from investing activities	(19,950)	(60,725)
CASH FLOWS FROM FINANCING ACTIVITIES
Net increase in deposits	61,385	55,228
Proceeds from FHLB advances	20,000	689,711
Repayment of FHLB advances	(43,622)	(697,259)
Net increase (decrease) in advances from borrowers for taxes and insurance	55	(138)
Net share settlement of stock awards	(305)	(294)
Repurchase of common stock	(7,830)	(10,003)
Dividends paid	(1,414)	(335)
Net cash from financing activities	28,269	36,910
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	22,416	(10,478)
CASH AND CASH EQUIVALENTS, beginning of period	26,323	36,801
CASH AND CASH EQUIVALENTS, end of period	48,739	26,323
SUPPLEMENTAL DISCLOSURES OF CASH FLOW INFORMATION
Interest on deposits and borrowings	11,596	8,817
Income taxes	1,700	1,020
NONCASH INVESTING ACTIVITIES
Unrealized gain (loss) on securities available for sale	4,069	(3,993)
Loans transferred to real estate owned and repossessed assets, net of deferred loan fees and allowance for loan losses	412	$ 0
Lease liabilities arising from obtaining right-of-use assets	$ 3,919

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summary of Significant Accounting Policies	Summary of Significant Accounting Policies Nature of operations - First Northwest Bancorp, a Washington corporation ("First Northwest"), became the holding company of First Federal Savings and Loan Association of Port Angeles ("First Federal" or the "Bank") on January 29, 2015 , upon completion of the Bank's conversion from a mutual to stock form of organization (the "Conversion"). First Northwest and the Bank are collectively referred to as the "Company." In connection with the Conversion, the Company issued an aggregate of 12,167,000 shares of common stock at an offering price of $10.00 per share for gross proceeds of $121.7 million . An additional 933,360 shares of Company common stock and $400,000 in cash were contributed to the First Federal Community Foundation ("Foundation"), a charitable foundation that was established in connection with the Conversion, resulting in the issuance of a total of 13,100,360 shares. The Company received $117.6 million in net proceeds from the stock offering of which $58.4 million were contributed to the Bank upon Conversion. At the time of Conversion, the Bank established a liquidation account in an amount equal to its total net worth, approximately $79.7 million , as of June 30, 2014, the latest statement of financial condition appearing in First Northwest's prospectus. The liquidation account is maintained for the benefit of eligible depositors who continue to maintain their accounts at the Bank after the Conversion. The liquidation account is reduced annually to the extent that eligible depositors have reduced their qualifying deposits. Subsequent increases will not restore an eligible holder’s interest in the liquidation account. In the event of a complete liquidation, each eligible depositor will be entitled to receive a distribution from the liquidation account in an amount proportionate to the current adjusted qualifying balances for accounts then held. The liquidation account balance is not available for payment of dividends, and the Bank may not pay dividends if those dividends would reduce equity capital below the required liquidation account amount. Pursuant to the Conversion, the Bank’s Board of Directors adopted an ESOP which purchased in the open market 8% of the common stock originally issued for a total of 1,048,029 shares. As of December 15, 2015 , 1,048,029 shares, or 100.0% of the total, had been purchased. As of December 31, 2019 , First Northwest had allocated 253,987 shares from the total shares purchased to participants. First Northwest's business activities generally are limited to passive investment activities and oversight of its investment in First Federal. Accordingly, the information set forth in this report, including the consolidated 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, and Whatcom counties. These services include deposit and lending transactions that are supplemented with borrowing and investing activities. Use of estimates - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make assumptions. These assumptions result in estimates that affect the reported amounts of assets and liabilities, revenues and expenses, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expense during the reporting period. 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, fair value of financial instruments, deferred tax assets and liabilities, and the valuation of impaired loans. Principles of consolidation - The accompanying consolidated financial statements include the accounts of First Northwest Bancorp and its wholly owned subsidiary, First Federal. All material intercompany accounts and transactions have been eliminated in consolidation. Subsequent events - The Company has evaluated subsequent events for potential recognition and disclosure and determined there are no such events or transactions requiring recognition or disclosure. Cash and cash equivalents - Cash and cash equivalents consist of currency on hand, due from banks, and interest-bearing deposits with financial institutions with an original maturity of three months or less. The amounts on deposit fluctuate and, at times, exceed the insured limit by the FDIC, which potentially subjects First Federal to credit risk. First Federal has not experienced any losses due to balances exceeding FDIC insurance limits. Restricted assets - Federal Reserve Board regulations require maintenance of certain minimum reserve balances on deposit with the Federal Reserve Bank of San Francisco. The amount required to be on deposit was approximately $10.8 million and $9.1 million at December 31, 2019 , and 2018 , respectively. First Federal was in compliance with its reserve requirements at December 31, 2019 and 2018 . Investment securities - Investment securities are classified into one of three categories: (1) held-to-maturity, (2) available-for-sale, or (3) trading. First Federal had no trading securities at December 31, 2019 and 2018 . Investment securities are categorized as held-to-maturity when First Federal has the positive intent and ability to hold those securities to maturity. Securities that are held-to-maturity are stated at cost and adjusted for amortization of premiums and accretion of discounts, which are recognized as adjustments to interest income. Investment securities categorized as available for sale are generally held for investment purposes (to maturity), although unanticipated future events may result in the sale of some securities. Available-for-sale securities are recorded at fair value, with the unrealized holding gain or loss reported in other comprehensive income (OCI), net of tax, as a separate component of shareholders' equity. Realized gains or losses are determined using the amortized cost basis of securities sold using the specific identification method and are included in earnings. Dividend and interest income on investments are recognized when earned. Premiums and discounts are recognized in interest income using the level yield method over the period to maturity. The Company reviews investment securities for other-than-temporary impairment (OTTI) on a quarterly basis. For debt securities, the Company considers whether management intends to sell a security or if it is likely that the Company will be required to sell the security before recovery of the amortized cost basis of the investment, which may be maturity. For debt securities, if management intends to sell the security or it is likely that the Company will be required to sell the security before recovering its cost basis, the entire impairment loss would be recognized as OTTI and charged against earnings. If management does not intend to sell the security and it is not likely that the Company will be required to sell the security, but management does not expect to recover the entire amortized cost basis of the security, only the portion of the impairment loss representing credit losses would be recognized in earnings. The credit loss on a security is measured as the difference between the amortized cost basis and the present value of the cash flows expected to be collected. Projected cash flows are discounted by the original or current effective interest rate depending on the nature of the security being measured for potential OTTI. The remaining impairment related to all other factors, i.e. the difference between the present value of the cash flows expected to be collected and fair value, is recognized as a charge to OCI. Impairment losses related to all other factors are presented as separate categories within OCI. If there is an indication of additional credit losses, the security is re-evaluated according to the procedures described above. Federal Home Loan Bank stock - First Federal’s investment in Federal Home Loan Bank of Des Moines (FHLB) stock is carried at cost, which approximates fair value. As a member of the FHLB system, First Federal is required to maintain a minimum investment in FHLB stock based on specific percentages of its outstanding mortgages, total assets, or FHLB advances. At December 31, 2019 and 2018 , First Federal’s minimum investment requirement was approximately $6.0 million and $6.9 million , respectively. First Federal was in compliance with the FHLB minimum investment requirement at December 31, 2019 and 2018 . First Federal may request redemption at par value of any stock in excess of the amount First Federal is required to hold. Stock redemptions are granted at the discretion of the FHLB. Management evaluates FHLB stock for impairment based on its assessment of the ultimate recoverability of cost rather than by recognizing temporary declines in value. The determination of whether a decline affects the ultimate recoverability of cost is influenced by criteria such as (1) the significance of any decline in net assets of the FHLB compared with the capital stock amount for the FHLB and the length of time this situation has persisted, (2) commitments by the FHLB to make payments required by law or regulation and the level of such payments in relation to the operating performance of the FHLB, (3) the impact of legislative and regulatory changes on institutions and, accordingly, the customer base of the FHLB, and (4) the liquidity position of the FHLB. Based on its evaluation, First Federal did not recognize an OTTI loss on its FHLB stock at December 31, 2019 and 2018 . Loans held for sale - Mortgage loans originated and intended for sale in the secondary market are carried at the lower of aggregate cost or fair value. Fair value is determined based upon market prices from third-party purchasers and brokers. Net unrealized losses, if any, are recognized through a valuation allowance by charges to earnings. Gains or losses on the sale of loans are recognized at the time of sale and determined by the difference between net sale proceeds and the net book value of the loan less the estimated fair value of any retained mortgage servicing rights. Loans receivable - Loans are stated at the amount of unpaid principal, net of charge-offs, unearned income, allowance for loan loss (ALLL) and any deferred fees or costs. Interest on loans is calculated using the simple interest method based on the month end balance of the principal amount outstanding and is credited to income as earned. The estimated life is adjusted for prepayments. Each loan segment and class inherently contains differing credit risk profiles depending on the unique aspects of that segment or class of loans. For example, borrowers tend to consider their primary residence and access to transportation for employment-related purposes as basic requirements; accordingly, many consumers prioritize making payments on real estate first-mortgage loans and vehicle loans. Conversely, second-mortgage real estate loans or unsecured loans may not be supported by sufficient collateral; thus, in the event of financial hardship, borrowers may tend to place less importance on maintaining these loans as current and the Bank may not have adequate collateral to provide a secondary source of repayment in the event of default. Notwithstanding the various risk profiles unique to each class of loan, management believes that the credit risk for all loans is similarly dependent on essentially the same factors, including the financial strength of the borrower, the cash flow available to service maturing debt obligations, the condition and value of underlying collateral, the financial strength of any guarantors, and other factors. Loans are classified as impaired when, based on current information and events, it is probable that First Federal will be unable to collect the scheduled payments of principal and interest when due, in accordance with the terms of the original loan agreement. The carrying value of impaired loans is based on the present value of expected future cash flows discounted at each loan’s effective interest rate or, for collateral dependent loans, at fair value of the collateral, less selling costs. If the measurement of each impaired loan’s value is less than the recorded investment in the loan, First Federal recognizes this impairment and adjusts the carrying value of the loan to fair value through the allowance for loan losses. This can be accomplished by charging off the impaired portion of the loan or establishing a specific component to be provided for in the allowance for loan losses. The accrual of interest on loans is discontinued at the time the loan is 90 days delinquent, unless the credit is well secured and in process of collection. In all cases, loans are placed on nonaccrual or charged off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued but not collected for loans that are placed on nonaccrual or charged off is reversed against interest income. The interest on these loans is accounted for on the cash basis or cost recovery method until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. For those loans placed on non-accrual status due to payment delinquency, return to accrual status will generally not occur until the borrower demonstrates repayment ability over a period of not less than six months. Loan fees - Loan origination fees and certain direct origination costs are deferred and amortized as an adjustment to the yield of the loan over the contractual life using the effective interest method. In the event a loan is sold, the remaining deferred loan origination fees and/or costs are recognized as a component of gains or losses on the sale of loans. Allowance for loan losses - First Federal maintains a general allowance for loan losses based on evaluating known and inherent risks in the loan portfolio, including management’s continuing analysis of the factors underlying the quality of the loan portfolio. These factors include changes in the size and composition of the loan portfolio, actual loan loss experience, and current and anticipated economic conditions. The reserve is an estimate based upon factors and trends identified by management at the time the financial statements are prepared. The ultimate recovery of loans is susceptible to future market factors beyond First Federal’s control, which may result in losses or recoveries differing significantly from those provided in the consolidated financial statements. In addition, various regulatory agencies, as an integral part of their examination processes, periodically review First Federal’s allowance for loan losses. Such agencies may require First Federal to recognize additional provisions for loan losses based on their judgment using information available to them at the time of their examination. Allowances for losses on specific problem loans are charged to income when it is determined that the value of these loans and properties, in the judgment of management, is impaired. First Federal accounts for impaired loans in accordance with Accounting Standards Codification (ASC) 310-10-35, Receivables—Overall—Subsequent Measurement . A loan is considered impaired when, based on current information and events, it is probable that First Federal will be unable to collect all amounts due according to the contractual terms of the loan agreement. When a loan has been identified as being impaired, the amount of the impairment is measured by using discounted cash flows, except when it is determined that the sole source of repayment for the loan is the operation or liquidation of the underlying collateral. In such cases, impairment is measured at current fair value generally based on a current appraisal of the collateral, reduced by estimated selling costs. When the measurement of the impaired loan is less than the recorded investment in the loan (including collected interest that has been applied to principal, net deferred loan fees or costs, and unamortized premiums or discounts), loan impairment is recognized by establishing or adjusting an allocation of the allowance for loan losses. Uncollected accrued interest is reversed against interest income. If ultimate collection of principal is in doubt, all cash receipts on impaired loans are applied to reduce the principal balance. The impairment amount for small balance homogeneous loans is calculated using the adjusted historical loss rate for the class and risk category related to each loan, unless the loan is subject to a troubled debt restructuring ("TDR"). A TDR is a loan for which First Federal, for reasons related to the borrower’s financial difficulties, grants a concession to the borrower that First Federal would not otherwise consider. The loan terms that have been modified or restructured due to the borrower’s financial difficulty include, but are not limited to, a reduction in the stated interest rate; an extension of the maturity; an interest rate below market; a reduction in the face amount of the debt; a reduction in the accrued interest; or extension, deferral, renewal, or rewrite of the original loan terms. The restructured loans may be classified “special mention” or “substandard” depending on the severity of the modification. Loans that were paid current at the time of modification may be upgraded in their classification after a sustained period of repayment performance, usually six months or longer, and there is reasonable assurance that repayment will continue. Loans that are past due at the time of modification are classified “substandard” and placed on nonaccrual status. TDR loans may be upgraded in their classification and placed on accrual status once there is a sustained period of repayment performance, usually six months or longer, and there is a reasonable assurance that repayment will continue. First Federal allows reclassification of a troubled debt restructuring back into the general loan pool (as a non-troubled debt restructuring) if the borrower is able to refinance the loan at then-current market rates and meet all of the underwriting criteria of First Federal required of other borrowers. The refinance must be based on the borrower’s ability to repay the debt and no special concessions of rate and/or term are granted to the borrower. Reserve for unfunded commitments - Management maintains a reserve for unfunded commitments to absorb probable losses associated with off-balance sheet commitments to lend funds such as unused lines of credit and the undisbursed portion of construction loans. Management determines the adequacy of the reserve based on reviews of individual exposures, current economic conditions, and other relevant factors. The reserve is based on estimates and ultimate losses may vary from the current estimates. The reserve is evaluated on a regular basis and necessary adjustments are reported in earnings during the period in which they become known. The reserve for unfunded commitments is included in "Accrued expenses and other liabilities" on the consolidated balance sheets. Real estate owned and repossessed assets - Real estate owned and repossessed assets include real estate and personal property acquired through foreclosure or repossession and may include in-substance foreclosed properties. In-substance foreclosed properties are those properties for which the Bank has taken physical possession, regardless of whether formal foreclosure proceedings have taken place. Mortgage servicing rights - Originated servicing rights are recorded when mortgage loans are originated and subsequently sold with the servicing rights retained. Servicing assets are initially recognized at fair value with the income statement effect recorded in gains on sales of loans and amortized into non-interest income in proportion to, and over the period of, the estimated future net servicing income of the underlying financial asset. To determine the fair value of servicing rights, management uses a valuation model that calculates the present value of future cash flows. Assumptions used in the valuation model include market discount rates and anticipated prepayment speeds. In addition, estimates of the cost of servicing per loan, an inflation rate, ancillary income per loan, and default rates are used. The initial fair value relating to the servicing rights is capitalized and amortized into noninterest income in proportion to, and over the period of, estimated future net servicing income. Management assesses impairment of the mortgage servicing rights based on recalculations of the present value of remaining future cash flows using updated market discount rates and prepayment speeds. Subsequent loan prepayments and changes in prepayment assumptions in excess of those forecasted can adversely impact the carrying value of the servicing rights. Impairment is assessed on a stratified basis with any impairment recognized through a valuation allowance for each impaired stratum. The servicing rights are stratified based on the predominant risk characteristics of the underlying loans: fixed-rate loans and adjustable-rate loans. The effect of changes in market interest rates on estimated rates of loan prepayments is the predominant risk characteristic for mortgage servicing rights. The valuation model incorporates assumptions that market participants would use in estimating future net servicing income, such as the cost to service, the discount rate, the custodial earnings rate, an inflation rate, ancillary income, prepayment speeds, and default rates and losses. Mortgage servicing income represents fees earned for servicing loans. Fees for servicing mortgage loans are generally based upon a percentage of the principal balance of the loans serviced, as well as related ancillary income such as late charges. Servicing income is recognized as earned, unless collection is doubtful. The caption in the consolidated statement of income “ Mortgage servicing fees, net ” includes mortgage servicing income, amortization of mortgage servicing rights, the effects of mortgage servicing run-off, and impairment, if applicable. Income taxes - First Federal accounts for income taxes in accordance with the provisions of ASC 740-10, Income Taxes , which requires the use of the asset and liability method of accounting for income taxes. Deferred tax assets and liabilities are recognized for their future tax consequences, attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using the enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. Premises and equipment - Premises and equipment are stated at cost less accumulated depreciation. Depreciation is recognized and computed on the straight-line method over the estimated useful lives as follows: Buildings 37.5 - 50 years Furniture, fixtures, and equipment 3 - 10 years Software 3 years Automobiles 5 years Leases - Operating lease right-of-use ("ROU") assets represent the Company's right to use the underlying asset during the lease term and operating lease liabilities represent the Company's obligation to make lease payments arising from the lease. ROU assets and operating lease liabilities are recognized at lease commencement based on the present value of the future lease payments using the Company's incremental borrowing rate. The Company does not capitalize short-term leases, which are leases with terms of twelve months or less. ROU assets and related operating lease liabilities are remeasured when lease terms are amended, extended, or when management intends to exercise available extension options. Transfers of financial assets - Transfers of an entire financial asset, a group of financial assets, or a participating interest in an entire financial asset are accounted for as sales when control over the assets has been relinquished. Control over transferred assets is deemed to be surrendered when: (1) the assets have been isolated from First Federal, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) First Federal does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity. The mortgage loans that are sold with recourse provisions are accounted for as sales until such time as the loan defaults. Periodically, First Federal sells mortgage loans with “life of the loan” recourse provisions, requiring First Federal to repurchase the loan at any time if it defaults. The remaining balance of such loans at December 31, 2019 and 2018 , was approximately $5.0 million and $5.6 million , respectively. Of these loans, no loans were repurchased during the years ended December 31, 2019 or 2018 . There is an associated allowance of $19,000 and $19,000 at December 31, 2019 and 2018 , respectively, included in “accrued expenses and other liabilities” on the consolidated balance sheets related to these loans. Bank-owned life insurance - The carrying amount of life insurance approximates fair value. Fair value of life insurance is estimated using the cash surrender value, less applicable surrender charges. The change in cash surrender value is included in noninterest income. Off-balance-sheet credit-related financial instruments - In the ordinary course of business, First Federal has entered into commitments to extend credit, including commitments under lines of credit, commercial letters of credit, and standby letters of credit. Such financial instruments are recorded when they are funded. Advertising costs - First Federal expenses advertising costs as they are incurred. Comprehensive income (loss) - Accounting principles generally require that recognized revenue, expenses, and gains and losses be included in net income (loss) . Although certain changes in assets and liabilities, such as unrealized gains and losses on available-for-sale securities, are reported as a separate component of the equity section of the consolidated balance sheets, such items, along with net income (loss) , are components of comprehensive income (loss) . Dividend restriction - Banking regulations require maintaining certain capital levels and may limit the dividends paid by the Bank to the Company or by the Company to shareholders. Fair value measurements - Fair values of financial instruments are estimated using relevant market information and other assumptions ( Note 15 ). Fair value estimates involve uncertainties and matters of significant judgment regarding interest rates, credit risk, prepayments, and other factors, especially in the absence of broad markets for particular items. Changes in assumptions or in market conditions could significantly affect these estimates. Segment information - First Federal is engaged in the business of attracting deposits and providing lending services. Substantially all income is derived from a diverse base of commercial, mortgage, and consumer lending activities and investments. The Company’s activities are considered to be a single industry segment for financial reporting purposes. Employee Stock Ownership Plan - The cost of shares issued to the ESOP but not yet allocated to participants is shown as a reduction of shareholders' equity. Compensation expense is based on the market price of shares as they are committed to be released to participants' accounts. Dividends on allocated ESOP shares reduce retained earnings while dividends on unearned ESOP shares reduce debt and accrued interest. Earnings (loss) per Share - Basic earnings (loss) per share ("EPS") is computed by dividing net income or (loss), reduced by earnings allocated to participating shares of restricted stock, by the weighted-average number of common shares outstanding during the period. As ESOP shares are committed to be released, they become outstanding for EPS calculation purposes. ESOP shares not committed to be released are not considered outstanding for basic or diluted EPS calculations. The basic EPS calculation excludes the dilutive effect of all common stock equivalents. Diluted earnings per share reflects the weighted-average potential dilution that could occur if all potentially dilutive securities or other commitments to issue common stock were exercised or converted into common stock using the treasury stock method. According to the provisions of ASC 260, Earnings per Share , nonvested share-based payment awards that contain nonforfeitable rights to dividends or dividend equivalents are participating securities and are included in the computation of EPS pursuant to the two-class method. The two-class method is an earnings allocation formula that determines earnings per share for each class of common stock and participating security according to dividends declared or accumulated and participation rights in undistributed earnings. At this time the Company has no share-based payment awards nor paid a dividend. Recently adopted accounting pronouncements In February 2016, the FASB issued ASU No. 2016-02, Leases . ASU 2016-02 is intended to increase transparency and comparability among organizations by requiring the recognition of lease assets and lease liabilities on the balance sheet and disclosure of key information about leasing arrangements. The ASU requires a lessee to recognize on the balance sheet assets and liabilities for leases with lease terms of more than 12 months. Consistent with current GAAP, the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee primarily will depend on its classification as a finance or operating lease. Unlike current GAAP, which requires that only capital leases be recognized on the balance sheet, the ASC requires that both types of leases be recognized on the balance sheet. For public companies, this update is effective for interim and annual periods beginning after December 15, 2018. The adoption of ASU No. 2016-02 effective January 1, 2019, resulted in a right-of-use asset and corresponding lease obligation liability of $3.9 million . The Corporation chose the effective date as the date of initial application. Consequently, prior period financial information has not been updated or restated. The right-of-use asset is included in other assets and the lease obligation liability is included in other liabilities on the December 31, 2019 , consolidated balance sheet. In August 2017, FASB issued ASU No. 2017-12, Derivatives and Hedging (Topic 815). This ASU was issued to provide investors better insight to an entity’s risk management hedging strategies by permitting companies to recognize the economic results of hedging strategies in the financial statements. The amendments in this ASU permit hedge accounting for hedging relationships involving non-financial risk and interest rate risk by removing certain limitations in cash flow and fair value hedging relationships. In addition, the ASU requires an entity to present the earnings effect of the hedging instrument in the same income statement line item in which the earnings effect of the hedged item is reported. This ASU is effective for fiscal years beginning after December 15, 2018, and early adoption is permitted. Adoption of ASU 2017-12 did not have a material impact on the Company’s consolidated financial statements. In June 2018, FASB issued ASU No. 2018-07, Compensation—Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting . These amendments provide specific guidance for transactions for acquiring goods and services from nonemployees and specify that Topic 718 applies to all share-based payment transactions in which a grantor acquires goods or services to be used or consumed in a grantor’s own operations by issuing share-based payment awards. The amendments also clarify that Topic 718 does not apply to share-based payments used to effectively provide (i) financing to the issuer or (ii) awards granted in conjunction with selling goods

Securities

Securities	12 Months Ended
	Dec. 31, 2019
Investments, Debt and Equity Securities [Abstract]
Securities	Securities The amortized cost, gross unrealized gains and losses, and estimated fair value of securities classified as available-for-sale and held-to-maturity at December 31, 2019 , are summarized as follows: December 31, 2019 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value (In thousands) Available for Sale Investment Securities Municipal bonds $ 39,524 $ 125 $ (367 ) $ 39,282 U.S. government agency issued asset-backed securities 29,796 — (938 ) 28,858 Corporate issued asset-backed securities (ABS corporate) 41,728 — (873 ) 40,855 Corporate issued debt securities (Corporate debt) 9,986 — (343 ) 9,643 U.S. Small Business Administration securities (SBA) 28,423 72 (36 ) 28,459 Total $ 149,457 $ 197 $ (2,557 ) $ 147,097 Mortgage-Backed Securities U.S. government agency issued mortgage-backed securities $ 159,697 $ 811 $ (341 ) $ 160,167 Corporate issued mortgage-backed securities 8,374 — (58 ) 8,316 Total $ 168,071 $ 811 $ (399 ) $ 168,483 Total securities available for sale $ 317,528 $ 1,008 $ (2,956 ) $ 315,580 The amortized cost, gross unrealized gains and losses, and estimated fair value of securities classified as available-for-sale and held-to-maturity at December 31, 2018 , are summarized as follows: December 31, 2018 Cost Gross Gains Gross Losses Estimated Value (In thousands) Available for Sale Investment Securities Municipal bonds $ 882 $ — $ (13 ) $ 869 ABS agency 26,125 — (373 ) 25,752 ABS corporate 37,897 — (1,174 ) 36,723 Corporate debt 9,986 98 (196 ) 9,888 SBA 35,936 23 (289 ) 35,670 Total $ 110,826 $ 121 $ (2,045 ) $ 108,902 Mortgage-Backed Securities MBS agency $ 147,205 $ 12 $ (3,762 ) $ 143,455 MBS corporate 10,953 — (343 ) 10,610 Total $ 158,158 $ 12 $ (4,105 ) $ 154,065 Total securities available for sale $ 268,984 $ 133 $ (6,150 ) $ 262,967 Held to Maturity Investment Securities Municipal bonds $ 11,919 $ 43 $ — $ 11,962 SBA 302 — (1 ) 301 Total $ 12,221 $ 43 $ (1 ) $ 12,263 Mortgage-Backed Securities MBS agency $ 31,282 $ 40 $ (595 ) $ 30,727 Total securities held to maturity $ 43,503 $ 83 $ (596 ) $ 42,990 The following table 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, 2019 : Less Than Twelve Months Twelve Months or Longer Total Gross Fair Value Gross Fair Value Gross Fair Value (In thousands) Available for Sale Investment Securities Municipal bonds $ (367 ) $ 29,928 $ — $ — $ (367 ) $ 29,928 ABS Agency (59 ) 3,855 (879 ) 25,002 (938 ) 28,857 ABS corporate (31 ) 3,848 (842 ) 37,007 (873 ) 40,855 Corporate debt (17 ) 4,983 (326 ) 4,660 (343 ) 9,643 SBA — — (36 ) 15,034 (36 ) 15,034 Total $ (474 ) $ 42,614 $ (2,083 ) $ 81,703 $ (2,557 ) $ 124,317 Mortgage-Backed Securities MBS agency $ (166 ) $ 18,744 $ (175 ) $ 47,463 $ (341 ) $ 66,207 MBS corporate — — (58 ) 8,316 (58 ) 8,316 Total $ (166 ) $ 18,744 $ (233 ) $ 55,779 $ (399 ) $ 74,523 The following table 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, 2018 : Less Than Twelve Months Twelve Months or Longer Total Gross Fair Gross Fair Gross Fair (In thousands) Available for Sale Investment Securities Municipal bonds $ (8 ) $ 757 $ (5 ) $ 110 $ (13 ) $ 867 ABS Agency (302 ) 23,286 (71 ) 2,466 (373 ) 25,752 ABS Corporate (571 ) 14,527 (603 ) 22,196 (1,174 ) 36,723 Corporate debt — — (196 ) 4,791 (196 ) 4,791 SBA (44 ) 13,400 (245 ) 13,089 (289 ) 26,489 Total $ (925 ) $ 51,970 $ (1,120 ) $ 42,652 $ (2,045 ) $ 94,622 Mortgage-Backed Securities MBS agency $ (28 ) $ 17,996 $ (3,734 ) $ 120,617 $ (3,762 ) $ 138,613 MBS corporate — — (343 ) 10,610 (343 ) 10,610 Total $ (28 ) $ 17,996 $ (4,077 ) $ 131,227 $ (4,105 ) $ 149,223 Held to Maturity Investment Securities SBA $ (1 ) $ — $ — $ 301 $ (1 ) $ 301 Mortgage-Backed Securities MBS agency $ (70 ) $ 6,241 $ (525 ) $ 18,073 $ (595 ) $ 24,314 The Company may hold certain investment securities in an unrealized loss position that are not considered OTTI. At December 31, 2019 , there were 62 investment securities with $3.0 million of unrealized losses and a fair value of approximately $198.8 million . At December 31, 2018 , there were 69 investment securities with $6.7 million of unrealized losses and a fair value of approximately $268.5 million . Management believes that the unrealized losses on investment securities relate principally to the general change in interest rates and illiquidity, and not credit quality, that has occurred since the initial purchase, and such unrecognized losses or gains will continue to vary with general interest rate level fluctuations in the future. Certain investments in a loss position are guaranteed by government entities or government sponsored entities. The Company does not intend to sell the securities in an unrealized loss position and believes it is not likely it will be required to sell these investments prior to a market price recovery or maturity. There were no OTTI losses during the years ended December 31, 2019 and 2018 . 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 differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties; therefore, these securities are shown separately. December 31, 2019 Amortized Cost Estimated Fair Value Available for Sale (In thousands) Mortgage-backed securities: Due within one year $ — $ — Due after one through five years 13,360 13,391 Due after five through ten years 6,261 6,257 Due after ten years 148,450 148,835 Total mortgage-backed securities 168,071 168,483 All other investment securities: Due within one year — — Due after one through five years 2,043 2,084 Due after five through ten years 58,460 57,680 Due after ten years 88,954 87,333 Total all other investment securities 149,457 147,097 Total investment securities $ 317,528 $ 315,580 December 31, 2018 Available for Sale Held to Maturity Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value (In thousands) Mortgage-backed securities: Due within one year $ — $ — $ — $ — Due after one through five years 7,204 7,089 578 569 Due after five through ten years 11,862 11,637 2,035 1,978 Due after ten years 139,092 135,339 28,669 28,180 Total mortgage-backed securities 158,158 154,065 31,282 30,727 All other investment securities: Due within one year — — — — Due after one through five years — — 734 741 Due after five through ten years 19,564 19,362 6,728 6,743 Due after ten years 91,262 89,540 4,759 4,779 Total all other investment securities 110,826 108,902 12,221 12,263 Total investment securities $ 268,984 $ 262,967 $ 43,503 $ 42,990 Sales of available-for-sale securities were as follows: For the Year Ended December 31, 2019 2018 (In thousands) Proceeds $ 16,545 $ 56,683 Gross gains 836 233 Gross losses — (183 ) During the year ended December 31, 2019, the Bank changed the holding classification of the entire held to maturity portfolio to available for sale. The amortized cost of these securities was $37.6 million at the time of transfer. During the year ended December 31, 2018, the Bank sold certain held to maturity investments that had substantially reached maturity, allowing us to sell the securities without tainting the remaining held to maturity securities portfolio. The held-to-maturity designation of the remaining securities is unchanged. Gross proceeds on the sale of these securities totaled $2.7 million with gross realized gains and losses of $32,000 and $5,000 , respectively.

Loans Receivable

Loans Receivable	12 Months Ended
	Dec. 31, 2019
Loans and Leases Receivable Disclosure [Abstract]
Loans Receivable	Loans Receivable Loans receivable consist of the following at the dates indicated: December 31, 2019 December 31, 2018 (In thousands) Real Estate: One- to four-family $ 306,014 $ 336,178 Multi-family 96,098 82,331 Commercial real estate 255,722 253,235 Construction and land 37,187 54,102 Total real estate loans 695,021 725,846 Consumer: Home equity 35,046 37,629 Auto and other consumer 112,119 87,357 Total consumer loans 147,165 124,986 Commercial business loans 41,571 18,898 Total loans 883,757 869,730 Less: Net deferred loan fees 206 292 Premium on purchased loans, net (4,514 ) (3,947 ) Allowance for loan losses 9,628 9,533 Total loans receivable, net $ 878,437 $ 863,852 Loans, by the earlier of next repricing date or maturity, at the dates indicated: December 31, 2019 December 31, 2018 (In thousands) Adjustable-rate loans Due within one year $ 99,494 $ 84,284 After one but within five years 238,244 263,118 After five but within ten years 53,142 59,922 After ten years 5,054 5,202 395,934 412,526 Fixed-rate loans Due within one year 37,110 1,698 After one but within five years 67,786 83,407 After five but within ten years 124,683 120,094 After ten years 258,244 252,005 487,823 457,204 $ 883,757 $ 869,730 The adjustable-rate loans have interest rate adjustment limitations and are generally indexed to multiple indices. Future market factors may affect the correlation of adjustable loan interest rates with the rates First Federal pays on the short-term deposits that have been primarily used to fund such loans. 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, 2019 One-to- Multi- Commercial Construction Home Auto and Commercial Unallocated Total (In thousands) ALLL: Beginning balance $ 3,297 $ 762 $ 2,289 $ 585 $ 480 $ 1,611 $ 334 $ 175 $ 9,533 Provision for (recapture of) loan losses (278 ) 126 (46 ) (188 ) (71 ) 1,275 (125 ) (24 ) 669 Charge-offs — — — — — (884 ) (3 ) — (887 ) Recoveries 5 — — 2 45 259 2 — 313 Ending balance $ 3,024 $ 888 $ 2,243 $ 399 $ 454 $ 2,261 $ 208 $ 151 $ 9,628 At December 31, 2019 One-to- Multi- Commercial Construction Home Auto and Commercial Unallocated Total (In thousands) Total ALLL $ 3,024 $ 888 $ 2,243 $ 399 $ 454 $ 2,261 $ 208 $ 151 $ 9,628 General reserve 2,993 887 2,235 399 439 2,119 203 151 9,426 Specific reserve 31 1 8 — 15 142 5 — 202 Total loans $ 306,014 $ 96,098 $ 255,722 $ 37,187 $ 35,046 $ 112,119 $ 41,571 $ — $ 883,757 General reserves (1) 303,026 95,991 253,839 37,158 34,775 111,271 41,308 — 877,368 Specific reserves (2) 2,988 107 1,883 29 271 848 263 — 6,389 (1) Loans collectively evaluated for general reserves. (2) Loans individually evaluated for specific reserves. At or For the Year Ended December 31, 2018 One-to- Multi- Commercial Construction Home Auto and Commercial Unallocated Total (In thousands) ALLL: Beginning balance $ 3,061 $ 648 $ 1,847 $ 648 $ 787 $ 712 $ 265 $ 792 $ 8,760 Provision for (recapture of) loan losses 249 114 442 (65 ) (332 ) 1,315 68 (617 ) 1,174 Charge-offs (18 ) — — — — (638 ) — — (656 ) Recoveries 5 — — 2 25 222 1 — 255 Ending balance $ 3,297 $ 762 $ 2,289 $ 585 $ 480 $ 1,611 $ 334 $ 175 $ 9,533 At December 31, 2018 One-to- Multi- Commercial Construction Home Auto and Commercial Unallocated Total (In thousands) Total ALLL $ 3,297 $ 762 $ 2,289 $ 585 $ 480 $ 1,611 $ 334 $ 175 $ 9,533 General reserve 3,262 761 2,281 584 474 1,552 168 175 9,257 Specific reserve 35 1 8 1 6 59 166 — 276 Total loans $ 336,178 $ 82,331 $ 253,235 $ 54,102 $ 37,629 $ 87,357 $ 18,898 $ — $ 869,730 General reserves (1) 333,062 82,221 251,263 54,058 37,002 87,113 18,453 — 863,172 Specific reserves (2) 3,116 110 1,972 44 627 244 445 — 6,558 (1) Loans collectively evaluated for general reserves. (2) Loans individually evaluated for specific reserves. 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, 2019 December 31, 2019 Recorded Unpaid Balance Related Allowance Average Recorded Investment Interest (In thousands) With no allowance recorded: One- to four-family $ 297 $ 332 $ — $ 237 $ 11 Multi-family — — — — — Commercial real estate 1,240 1,320 — 1,271 54 Construction and land — 33 — — — Home equity 45 110 — 120 2 Auto and other consumer 251 548 — 20 18 Commercial business — — — — 4 Total 1,833 2,343 — 1,648 89 With an allowance recorded: One- to four-family 2,691 2,911 31 2,801 178 Multi-family 107 107 1 109 5 Commercial real estate 643 643 8 654 34 Construction and land 29 29 — 50 3 Home equity 226 286 15 281 19 Auto and other consumer 597 690 142 372 19 Commercial business 263 263 5 290 13 Total 4,556 4,929 202 4,557 271 Total impaired loans: One- to four-family 2,988 3,243 31 3,038 189 Multi-family 107 107 1 109 5 Commercial real estate 1,883 1,963 8 1,925 88 Construction and land 29 62 — 50 3 Home equity 271 396 15 401 21 Auto and other consumer 848 1,238 142 392 37 Commercial business 263 263 5 290 17 Total $ 6,389 $ 7,272 $ 202 $ 6,205 $ 360 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, 2018 December 31, 2018 Recorded Unpaid Balance Related Allowance Average Recorded Investment Interest (In thousands) With no allowance recorded: One- to four-family $ 306 $ 339 $ — $ 381 $ 15 Multi-family — — — — — Commercial real estate 1,308 1,374 — 1,942 47 Construction and land — 1 — 1,243 — Home equity 330 478 — 349 12 Auto and other consumer — 276 — — 14 Commercial business — 3 — — — Total 1,944 2,471 — 3,915 88 With an allowance recorded: One- to four-family 2,810 3,085 35 3,016 181 Multi-family 110 110 1 113 6 Commercial real estate 664 663 8 738 35 Construction and land 44 71 1 66 5 Home equity 297 364 6 275 22 Auto and other consumer 244 244 59 126 8 Commercial business 445 445 166 777 64 Total 4,614 4,982 276 5,111 321 Total impaired loans: One- to four-family 3,116 3,424 35 3,397 196 Multi-family 110 110 1 113 6 Commercial real estate 1,972 2,037 8 2,680 82 Construction and land 44 72 1 1,309 5 Home equity 627 842 6 624 34 Auto and other consumer 244 520 59 126 22 Commercial business 445 448 166 777 64 Total $ 6,558 $ 7,453 $ 276 $ 9,026 $ 409 Interest income recognized on a cash basis on impaired loans for the years ended December 31, 2019 and 2018 , was $318,000 and $371,000 , respectively. The following table presents the recorded investment in nonaccrual loans by class of loan at the dates indicated: December 31, 2019 December 31, 2018 (In thousands) One- to four-family $ 698 $ 759 Commercial real estate 109 133 Construction and land 29 44 Home equity 112 369 Auto and other consumer 848 245 Commercial business loans — 173 Total nonaccrual loans $ 1,796 $ 1,723 Past due loans - There were no loans past due 90 days or more and still accruing interest at December 31, 2019 and 2018 . The following table presents the recorded investment of past due loans, by class, as of December 31, 2019 : 30-59 Past Due 60-89 Past Due 90 Days Past Due Total Past Due Current Total Loans (In thousands) Real Estate: One- to four-family $ 928 $ 92 $ 116 $ 1,136 $ 304,878 $ 306,014 Multi-family — — — — 96,098 96,098 Commercial real estate — — — — 255,722 255,722 Construction and land 38 — — 38 37,149 37,187 Total real estate loans 966 92 116 1,174 693,847 695,021 Consumer: Home equity 299 24 — 323 34,723 35,046 Auto and other consumer 1,423 370 614 2,407 109,712 112,119 Total consumer loans 1,722 394 614 2,730 144,435 147,165 Commercial business loans — 115 — 115 41,456 41,571 Total loans $ 2,688 $ 601 $ 730 $ 4,019 $ 879,738 $ 883,757 The following table presents the recorded investment of past due loans, by class, as of December 31, 2018 : 30-59 Past Due 60-89 Past Due 90 Days Past Due Total Past Due Current Total Loans (In thousands) Real Estate: One- to four-family $ 289 $ 176 $ 164 $ 629 $ 335,549 $ 336,178 Multi-family — — — — 82,331 82,331 Commercial real estate — — — — 253,235 253,235 Construction and land 35 14 31 80 54,022 54,102 Total real estate loans 324 190 195 709 725,137 725,846 Consumer: Home equity 97 30 9 136 37,493 37,629 Auto and other consumer 471 92 — 563 86,794 87,357 Total consumer loans 568 122 9 699 124,287 124,986 Commercial business loans 923 — — 923 17,975 18,898 Total loans $ 1,815 $ 312 $ 204 $ 2,331 $ 867,399 $ 869,730 Credit quality indicator - Federal regulations provide for the classification of lower quality loans and other assets, such as debt and equity securities, as substandard, doubtful, or loss; risk ratings 6, 7, and 8 in our 8-point risk rating system, respectively. An asset is considered substandard if it is inadequately protected by the current net worth and pay capacity of the borrower or of any collateral pledged. Substandard assets include those characterized by the distinct possibility that First Federal will sustain some loss if the deficiencies are not corrected. Assets classified as doubtful have all the weaknesses inherent in those classified substandard with the added characteristic that the weaknesses present make collection or liquidation in full highly questionable and improbable, on the basis of currently existing facts, conditions, and values. Assets classified as loss are those considered uncollectible and of such little value that their continuance as assets without the establishment of a specific loss reserve is not warranted. When First Federal classifies problem assets as either substandard or doubtful, it may establish a specific allowance to address the risk specifically or First Federal may allow the loss to be addressed in the general allowance. General allowances represent loss allowances that have been established to recognize the inherent risk associated with lending activities but that, unlike specific allowances, have not been specifically allocated to particular problem assets. When an insured institution classifies problem assets as a loss, it is required to charge off such assets in the period in which they are deemed uncollectible. Assets that do not currently expose First Federal to sufficient risk to warrant classification as substandard or doubtful but possess identified weaknesses are designated as either watch or special mention assets; risk ratings 4 and 5 in our risk rating system, respectively. Loans not otherwise classified are considered pass graded loans and are rated 1-3 in our risk rating system. Additionally, First Federal categorizes loans as performing or nonperforming based on payment activity. Loans that are more than 90 days past due and nonaccrual loans are considered nonperforming. The following table represents the internally assigned grade as of December 31, 2019 , by class of loans: Pass Watch Special Mention Sub- Standard Total (In thousands) Real Estate: One- to four-family $ 301,312 $ 2,685 $ 1,148 $ 869 $ 306,014 Multi-family 95,694 — 107 297 96,098 Commercial real estate 251,531 97 2,800 1,294 255,722 Construction and land 35,897 1,184 77 29 37,187 Total real estate loans 684,434 3,966 4,132 2,489 695,021 Consumer: Home equity 34,260 470 89 227 35,046 Auto and other consumer 107,327 3,243 594 955 112,119 Total consumer loans 141,587 3,713 683 1,182 147,165 Commercial business loans 39,653 376 263 1,279 41,571 Total loans $ 865,674 $ 8,055 $ 5,078 $ 4,950 $ 883,757 The following table represents the internally assigned grade as of December 31, 2018 , by class of loans: Pass Watch Special Mention Sub- Standard Total (In thousands) Real Estate: One- to four-family $ 330,476 $ 3,767 $ 957 $ 978 $ 336,178 Multi-family 82,221 — 110 — 82,331 Commercial real estate 244,919 6,281 663 1,372 253,235 Construction and land 51,480 2,578 — 44 54,102 Total real estate loans 709,096 12,626 1,730 2,394 725,846 Consumer: Home equity 36,559 465 123 482 37,629 Auto and other consumer 85,579 1,310 151 317 87,357 Total consumer loans 122,138 1,775 274 799 124,986 Commercial business loans 16,520 1,733 472 173 18,898 Total loans $ 847,754 $ 16,134 $ 2,476 $ 3,366 $ 869,730 The following table represents the credit risk profile based on payment activity as of December 31, 2019 , by class of loans: Nonperforming Performing Total (In thousands) Real Estate: One- to four-family $ 698 $ 305,316 $ 306,014 Multi-family — 96,098 96,098 Commercial real estate 109 255,613 255,722 Construction and land 29 37,158 37,187 Consumer: Home equity 112 34,934 35,046 Auto and other consumer 848 111,271 112,119 Commercial business loans — 41,571 41,571 Total loans $ 1,796 $ 881,961 $ 883,757 The following table represents the credit risk profile based on payment activity as of December 31, 2018 , by class of loans: Nonperforming Performing Total (In thousands) Real Estate: One- to four-family $ 759 $ 335,419 $ 336,178 Multi-family — 82,331 82,331 Commercial real estate 133 253,102 253,235 Construction and land 44 54,058 54,102 Consumer: Home equity 369 37,260 37,629 Auto and other consumer 245 87,112 87,357 Commercial business loans 173 18,725 18,898 Total loans $ 1,723 $ 868,007 $ 869,730 The following is a summary of information pertaining to TDR loans included in impaired loans at the dates indicated: December 31, 2019 December 31, 2018 (In thousands) Total TDR loans $ 3,544 $ 3,745 Allowance for loan losses related to TDR loans 41 43 Total nonaccrual TDR loans 81 84 The following table presents newly restructured and renewals or modifications of existing TDR loans by class that occurred during the year ended December 31, 2019 , by type of concession granted: Number of Contracts Rate Modification Term Modification Combination Total Modifications (Dollars in thousands) Pre-modification outstanding recorded investment One- to four-family 1 $ — $ — $ 50 $ 50 1 $ — $ — $ 50 $ 50 Post-modification outstanding recorded investment One- to four-family 1 $ — $ — $ 51 $ 51 1 $ — $ — $ 51 $ 51 The following is a summary of TDR loans which incurred a payment default within 12 months of the restructure date during the year ended December 31, 2019 . Number of Contracts Rate Modification Term Modification Combination Total Modifications (Dollars in thousands) TDR loans that subsequently defaulted One- to four-family 2 $ — $ — $ 99 $ 99 The following table presents newly restructured and renewals or modifications of existing TDR loans by class that occurred during the year ended December 31, 2018 , by type of concession granted: Number of Contracts Rate Modification Term Modification Combination Total Modifications (Dollars in thousands) Pre-modification outstanding recorded investment One- to four-family 3 $ — $ — $ 229 $ 229 3 $ — $ — $ 229 $ 229 Post-modification outstanding recorded investment One- to four-family 3 $ — $ — $ 228 $ 228 3 $ — $ — $ 228 $ 228 The following is a summary of TDR loans which incurred a payment default within 12 months of the restructure date during the year ended December 31, 2018 . Number of Contracts Rate Modification Term Modification Combination Total Modifications (Dollars in thousands) TDR loans that subsequently defaulted One- to four-family 2 $ — $ — $ 140 $ 140 No additional funds are committed to be advanced in connection with TDR loans at December 31, 2019 . The following table presents TDR loans by class at the dates indicated by accrual and nonaccrual status. December 31, 2019 December 31, 2018 Accrual Nonaccrual Total Accrual Nonaccrual Total (In thousands) One- to four-family $ 2,290 $ 81 $ 2,371 $ 2,358 $ 84 $ 2,442 Multi-family 107 — 107 110 — 110 Commercial real estate 643 — 643 663 — 663 Home equity 160 — 160 258 — 258 Commercial business loans 263 — 263 272 — 272 Total TDR loans $ 3,463 $ 81 $ 3,544 $ 3,661 $ 84 $ 3,745

Real Estate Owned and Repossess

Real Estate Owned and Repossessed Assets	12 Months Ended
	Dec. 31, 2019
Real Estate Owned and Repossessed Assets Disclosure [Abstract]
Real Estate Owned and Repossessed Assets	Real Estate Owned and Repossessed Assets Real estate owned and repossessed assets are included in other assets on the balance sheet. The following table presents the activity in real estate owned and repossessed assets for the periods shown: For the Year Ended December 31, 2019 2018 (In thousands) Beginning balance $ 124 $ 23 Loans transferred to foreclosed assets 412 276 Sales (376 ) (146 ) Market value adjustments (10 ) (3 ) Net gain (loss) on sales 4 (26 ) Ending balance $ 154 $ 124 The following table presents the breakout of real estate owned and repossessed assets by type as of: December 31, 2019 December 31, 2018 (In thousands) Land $ 62 $ 72 Personal property 92 52 $ 154 $ 124

Premises and Equipment

Premises and Equipment	12 Months Ended
	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Premises and Equipment	Premises and Equipment Premises and equipment consist of the following as of: December 31, 2019 December 31, 2018 (In thousands) Land $ 2,564 $ 2,560 Buildings 6,075 6,075 Building improvements 12,015 11,985 Furniture, fixtures, and equipment 7,011 7,446 Software 1,221 1,507 Automobiles 66 81 Construction in progress 136 9 29,088 29,663 Less accumulated depreciation and amortization (14,746 ) (14,408 ) $ 14,342 $ 15,255 Depreciation expense was $1.3 million and $1.3 million for the years ended December 31, 2019 and 2018 , respectively.

Operating Leases

Operating Leases	12 Months Ended
	Dec. 31, 2019
Leases [Abstract]
Operating Leases	Operating Leases On January 1, 2019, the Company adopted ASU 2016-02, Leases (Topic 842) , and all subsequent ASUs that are related to Topic 842. The Company, as lessee, leases certain assets for use in its operations. Leased assets primarily include retail branches and operation centers. For each lease with an original term greater than 12 months, the Company records a lease liability and a corresponding right of use ("ROU") asset. At December 31, 2019 , the Company's ROU assets included in other assets and lease liabilities included in other liabilities were $4.6 million and $3.7 million , respectively. Total costs incurred by the Company, as a lessee, were $505,000 for the year ended December 31, 2019 , and principally related to contractual lease payments on operating leases. The Company's leases do not impose significant covenants or other restrictions on the Company. The Bank has lease agreements with unaffiliated parties for six locations. The lease terms for four full-service branches, one loan production office, and one support center are not individually material. Lease expirations range from one to twenty years , with additional renewal options on certain leases ranging from two to ten years . The following table presents amounts relevant to the Company's assets leased for use in its operations for the year ended December 31, 2019 : (In Thousands) Operating cash flows from operating leases 505 Right of use assets obtained in exchange for new operating lease liabilities — The following table presents the weighted-average remaining lease terms and discount rates of the Company's assets leased for use in its operations at December 31, 2019 : Weighted-average remaining lease term of operating leases (in years) 13.8 Weighted-average discount rate of operating leases 3.5% All lease agreements require the Bank to pay its pro-rata share of building operating expenses. The minimum annual lease payments under non-cancelable operating leases with initial or remaining terms of one year or more through the initial lease term are as follows: December 31, Twelve-month period ending: (In thousands) 2020 $ 385 2021 376 2022 304 2023 309 2024 324 Thereafter 2,947 Total minimum payments required $ 4,645 Less imputed interest 989 Present value of lease liabilities $ 3,656

Mortgage Servicing Rights

Mortgage Servicing Rights	12 Months Ended
	Dec. 31, 2019
Transfers and Servicing [Abstract]
Mortgage Servicing Rights	Mortgage Servicing Rights Loans serviced for FHLB, Fannie Mae, and Freddie Mac are not included in the accompanying consolidated balance sheets. The unpaid principal balances of serviced loans, primarily mortgage loans, were $159.7 million and $175.5 million at December 31, 2019 and 2018 , respectively. Mortgage servicing rights for the periods shown are as follows: For the Year Ended December 31, 2019 2018 (In thousands) Balance at beginning of period $ 1,044 $ 1,095 Additions 75 208 Amortization (251 ) (256 ) Valuation allowance 3 (3 ) Balance at end of period $ 871 $ 1,044 There was no valuation allowance for mortgage servicing rights for year ended December 31, 2019 and an allowance of $3,000 for the year ended December 31, 2018 . The key economic assumptions used in determining the fair value of mortgage servicing rights for the periods shown are as follows: For the Year Ended December 31, 2019 2018 Constant prepayment rate 11.2 % 15.4 % Weighted-average life (years) 6.3 5.5 Yield to maturity discount 9.4 % 10.5 % The fair values of mortgage servicing rights are approximately $1.5 million and $1.5 million at December 31, 2019 and 2018 , respectively. The following represents servicing and late fees earned in connection with mortgage servicing rights and is included in the accompanying consolidated financial statements as a component of noninterest income for the periods shown: For the Year Ended December 31, 2019 2018 (In thousands) Servicing fees $ 424 $ 454 Late fees 15 15

Deposits

Deposits	12 Months Ended
	Dec. 31, 2019
Banking and Thrift [Abstract]
Deposits	Deposits The aggregate amount of time deposits that meet or exceed the FDIC insured limit, currently $250,000, at December 31, 2019 and 2018 , was $93.5 million and $107.0 million , respectively. Deposits and weighted-average interest rates at the dates indicated are as follows: December 31, 2019 December 31, 2018 Amount Weighted- Amount Weighted- (Dollars in thousands) Savings $ 168,983 0.86% $ 143,412 0.74% Transaction accounts 276,496 0.03% 262,152 0.05% Money market accounts 248,086 0.46% 273,344 0.43% Certificates of deposit and jumbo certificates 308,080 1.85% 261,352 1.86% $ 1,001,645 0.84% $ 940,260 0.77% Maturities of certificates at the dates indicated are as follows: December 31, 2019 (In thousands) Within one year or less $ 241,127 After one year through two years 42,274 After two years through three years 11,167 After three years through four years 6,593 After four years through five years 6,919 After five years — $ 308,080 Deposits at December 31, 2019 and 2018 , include $57.4 million and $80.0 million , respectively, in public fund deposits. Investment securities with a carrying value of $35.5 million and $47.6 million were pledged as collateral for these deposits at December 31, 2019 and 2018 , respectively. This exceeds the minimum collateral requirements established by the Washington Public Deposit Protection Commission. Interest on deposits by type for the periods shown was as follows: For the Year Ended December 31, 2019 2018 (In thousands) Savings $ 1,478 $ 369 Transaction accounts 118 74 Money market accounts 1,285 1,142 Certificates of deposit and jumbo certificates 5,423 3,765 $ 8,304 $ 5,350

Borrowings

Borrowings	12 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
Borrowings	Borrowings First Federal is a member of the FHLB. As a member, First Federal has a committed line of credit of up to 40% of total assets, subject to the amount of FHLB stock ownership and certain collateral requirements. First Federal has entered into borrowing arrangements with the FHLB to borrow funds primarily under long-term, fixed-rate advance agreements. First Federal also has overnight borrowings through FHLB which renew daily until paid. First Federal periodically uses fixed-rate advances maturing in less than one year as an alternative source of funds. All borrowings are secured by collateral consisting of single-family, home equity, and multi-family loans receivable in the amounts of $520.5 million and $339.2 million , and investment securities with a carrying value of $641,000 and $1.2 million , at December 31, 2019 and 2018 , respectively, pledged as collateral. FHLB advances outstanding by type of advance were as follows: December 31, 2019 December 31, 2018 (In thousands) Long-term advances $ 50,000 $ 60,000 Short-term fixed-rate advances 45,000 25,000 Overnight variable-rate advances 17,930 51,552 The maximum and average outstanding balances and average interest rates on overnight variable-rate advances were as follows: For the Year Ended December 31, 2019 2018 (Dollars in thousands) Maximum outstanding at any month-end $ 90,889 $ 110,723 Monthly average outstanding 53,156 47,049 Weighted-average daily interest rates Annual 2.33 % 2.10 % Period End 1.80 % 2.58 % Interest expense during the period 1,224 933 The maximum and average outstanding balances and average interest rates on short-term, fixed-rate advances were as follows: For the Year Ended December 31, 2019 2018 (Dollars in thousands) Maximum outstanding at any month-end $ 45,000 $ 72,600 Monthly average outstanding 3,750 27,658 Weighted-average daily interest rates Annual 2.33 % 1.76 % Period End 1.79 % 2.48 % Interest expense during the period 12 626 The amounts by year of maturity and weighted-average interest rate of FHLB long-term, fixed-rate advances are as follows: December 31, 2019 December 31, 2018 Weighted-Average Interest Rate Amount Weighted-Average Interest Rate Amount (Dollars in thousands) Within one year or less 3.78% $ 30,000 2.71% $ 15,000 After one year through two years — — 3.78 25,000 After two years through three years 1.79 10,000 3.81 20,000 After three years through four years 1.80 5,000 — — After four years through five years 1.80 5,000 — — After five years — — — — $ 50,000 $ 60,000 The maximum and average outstanding balances and average interest rates on FHLB long-term, fixed-rate advances were as follows: For the Year Ended December 31, 2019 2018 (Dollars in thousands) Maximum outstanding at any month-end $ 65,000 $ 60,000 Monthly average outstanding 56,250 60,000 Weighted-average interest rates Annual 3.34 % 3.52 % Period End 2.98 % 3.52 % Interest expense during the period 1,908 2,104

Federal Taxes on Income

Federal Taxes on Income	12 Months Ended
	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Federal Taxes on Income	Federal Taxes on Income The provision (benefit) for income taxes for the periods shown is summarized as follows: For the Year Ended December 31, 2019 2018 (In thousands) Current $ 1,764 $ 1,927 Deferred 313 (352 ) $ 2,077 $ 1,575 A reconciliation of the tax provision (benefit) based on statutory corporate tax rates, estimated to be 21% for the year ended December 31, 2019 , on pre-tax income and the provision (benefit) shown in the accompanying consolidated statements of income for the periods shown is summarized as follows: For the Year Ended December 31, 2019 2018 (In thousands) Income taxes computed at statutory rates $ 2,329 $ 1,823 Tax-exempt income (83 ) (84 ) Bank-owned life insurance income (149 ) (125 ) Deferred tax asset valuation allowance (1,224 ) (1 ) Expiration of contribution carryforward 1,224 — Other, net (20 ) (38 ) $ 2,077 $ 1,575 As a result of the bad debt deductions taken in years prior to 1988, retained earnings include accumulated earnings of approximately $6.4 million , on which federal income taxes have not been provided. If, in the future, this portion of retained earnings is used for any purpose other than to absorb losses on loans or on property acquired through foreclosure, federal income taxes may be imposed at the then-prevailing corporate tax rates. The Company does not contemplate that such amounts will be used for any purpose that would create a federal income tax liability; therefore, no provision has been made. 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. During the year ended June 30, 2015, the Company contributed $400,000 in cash and $9.3 million in common stock to the Foundation. Under current Federal income tax regulations, charitable contribution deductions are limited to 10% of taxable income. Accordingly, the $9.7 million contribution created a carryforward for income tax purposes with a deferred tax asset of $3.3 million and related valuation allowance of $1.9 million for financial statement reporting purposes. At December 31, 2019 , the balance of the contribution carryforward totaled $5.9 million . The contribution carryforward expired in 2019. As a result, the carryforward and related valuation allowance were reversed during the period. A valuation allowance is provided when it is more likely than not that some portion or all of the deferred tax assets will not be realized. The Company evaluates whether its deferred tax assets will be realized and adjusts the amount of its valuation allowance, if necessary. There was a valuation allowance of $0 and $1.2 million , at December 31, 2019 and 2018 , respectively. The Company applies the provisions of FASB ASC 740 that require the application of a more-likely-than-not recognition criterion for the reporting of uncertain tax positions on its financial statements. The Company had no unrecognized tax assets at December 31, 2019 and 2018 . During the years ended December 31, 2019 and 2018 , the Company recognized no interest and penalties. The Company recognizes interest and penalties in income tax expense. The Company files income tax returns in the U.S. federal jurisdiction and is no longer subject to U.S. federal income tax examinations by tax authorities for years ending before June 30, 2016 . The components of net deferred tax assets and liabilities at the periods shown are summarized as follows: December 31, 2019 December 31, 2018 (In thousands) Deferred tax assets Allowance for loan losses $ 2,064 $ 2,049 Unrealized loss on securities available for sale 409 1,264 Accrued compensation 487 397 Nonaccrual loans 6 4 ESOP timing differences 143 195 Restricted stock awards 107 134 Contribution carryforward — 1,515 Deferred lease liability 768 — Total deferred tax assets 3,984 5,558 Deferred tax liabilities Deferred loan fees 443 436 FHLB stock dividends 425 488 Accumulated depreciation 691 734 Deferred investment gain 34 14 Right of use asset 745 — Other, net 175 23 Total deferred tax liabilities 2,513 1,695 Deferred tax asset, net 1,471 3,863 Deferred tax asset valuation allowance — (1,224 ) Deferred tax asset, net of valuation allowance $ 1,471 $ 2,639

Benefit Plans

Benefit Plans	12 Months Ended
	Dec. 31, 2019
Compensation Related Costs [Abstract]
Benefit Plans	Benefit Plans Multi-employer Pension Plan The Bank participates in the Pentegra Defined Benefit Plan for Financial Institutions (the Pentegra DB Plan), a tax-qualified defined-benefit pension plan that covered substantially all employees after one year of continuous employment. Pension benefits vested over a period of five years of credited service. The Pentegra DB Plan’s Employer Identification Number is 13-5645888 and the Plan Number is 12004. The Pentegra DB Plan operates as a multi-employer plan for accounting purposes and as a multiple-employer plan under the Employee Retirement Income Security Act of 1974 and the Internal Revenue Code. There are no collective bargaining agreements in place that require contributions to the Pentegra DB Plan. The Pentegra Defined Benefit Plan was frozen and no new benefits were allowed as of February 1, 2010. The Pentegra DB Plan is a single plan under Internal Revenue Code Section 413(c) and, as a result, all of the assets stand behind all of the liabilities. Accordingly, under the Pentegra DB Plan, contributions made by a participating employer may be used to provide benefits to participants of other participating employers. The table below presents the funded status (market value of plan assets divided by funding target) of the plan as of July 1: 2019 2018 Source Valuation Report Valuation Report Our plan 111.9% 112.5% There was no change to the funded status of the plan as of December 31, 2019 . First Federal’s contributions to the Pentegra DB Plan are not more than 5% of the total contributions to the Pentegra DB Plan. First Federal’s policy is to fund pension costs as accrued. Total contributions during the periods shown were: Year Ended Year Ended December 31, 2019 December 31, 2018 Date Paid Amount Date Paid Amount (In thousands) 12/20/2019 $ 302 12/31/2018 $ 386 Nonqualified Deferred Compensation Plan First Federal also sponsors a nonqualified Deferred Compensation Plan for members of the board of directors and eligible officer-level employees. This plan, approved by the Board on February 1, 2012, allows eligible participants to defer and invest a portion of their earnings in a selection of investment options identified in the plan at no expense to First Federal. All deferrals are remitted to Pentegra, the Plan Administrator, and held in a trust. The aggregate balance held in trust at December 31, 2019 , was $1,109,000 . The Company also has agreements with certain key officers that provide for potential payments upon retirement, disability, termination, change in control and death. 401(k) Plan First Federal maintains a single-employer 401(k) plan. Employees may contribute up to 100% of their pre-tax compensation to the 401(k) plan, subject to regulatory limits. First Federal provides matching funds of 50% limited to the first 6% of salary contributed. First Federal's contributions were $270,000 and $245,000 during the years ended December 31, 2019 and December 31, 2018 , respectively. Employee Stock Ownership Plan In connection with the mutual to stock conversion, the Company established an ESOP for eligible employees of the Company and the Bank. Employees of the Company who have been credited with at least 1,000 hours of service during a 12 -month period are eligible to participate in the ESOP. Pursuant to the Plan, the ESOP purchased in the open market 8% of the common stock originally issued in the mutual to stock conversion. As of December 31, 2019 , 1,048,029 shares, or 100% of the total, have been purchased in the open market at an average price of $ 12.45 per share 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% . Shares purchased by the ESOP with the loan proceeds are held in a suspense account and allocated to ESOP participants on a pro rata basis as principal and interest payments are made by the ESOP to the Company. 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. Annual principal and interest payments of $835,000 were made by the ESOP during the years ended December 31, 2019 and 2018 . 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 will be recorded as a reduction of retained earnings; dividends on unallocated ESOP shares will be recorded as a reduction of debt and accrued interest. Compensation expense related to the ESOP for the year ended December 31, 2019 and 2018 , was $702,000 and $851,000 , respectively. Shares issued to the ESOP as of the dates indicated are as follows: December 31, 2019 December 31, 2018 (Dollars in thousands) Allocated shares 253,987 201,026 Unallocated shares 794,042 847,003 Total ESOP shares issued 1,048,029 1,048,029 Fair value of unallocated shares $ 14,396 $ 12,561 Stock-based Compensation On November 16, 2015 , the Company's shareholders approved the First Northwest Bancorp 2015 Equity Incentive Plan (the "EIP"), which provides for the grant of incentive stock options, non-qualified stock options, restricted stock and restricted stock units to eligible participants. The cost of awards under the EIP generally is based on the fair value of the awards on their grant date. The maximum number of shares that may be utilized for awards under the EIP is 1,834,050 . Under the EIP stock options may be granted that, upon exercise, result in the issuance of up to 1,310,036 shares of common stock and up to 524,014 shares of restricted stock may be awarded. Shares of common stock issued under the EIP may be authorized but unissued shares or repurchased shares. During the year ended June 30, 2017, the Company purchased and retired 523,014 shares of common stock to be used for future stock awards. During the year ended December 31, 2019 , 64,900 shares of restricted stock were awarded and no stock options were granted. There were 65,000 shares of restricted stock awarded during the year ended December 31, 2018 , and no stock options were granted. Awarded shares of restricted stock vest over five years from the date of grant as long as the eligible participant remains in service to the Company. The Company recognizes compensation expense for the restricted stock awards based on the fair value of the shares at the award date. For the year ended December 31, 2019 and 2018 , total compensation expense for the EIP was $1.1 million and $1.1 million , respectively. Included in the above compensation expense for the year ended December 31, 2019 and 2018 , was directors' compensation of $342,000 and $343,000 , respectively. The following tables provide a summary of changes in non-vested restricted stock awards for the periods shown: For the Year Ended December 31, 2019 Weighted-Average Grant Date Shares Fair Value Non-vested at January 1, 2019 290,600 $ 13.72 Granted 64,900 17.19 Vested (65,758 ) 13.43 Canceled (1) (18,442 ) 13.43 Forfeited (7,000 ) 16.07 Non-vested at December 31, 2019 264,300 14.60 (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 tax obligation of the vested shares. The surrendered shares are canceled and are unavailable for reissue. As of December 31, 2019 , there was $3.4 million of total unrecognized compensation cost related to non-vested shares granted as restricted stock awards. The cost is expected to be recognized over the remaining weighted-average vesting period of approximately 3.18 years .

Regulatory Capital Requirements

Regulatory Capital Requirements	12 Months Ended
	Dec. 31, 2019
Banking and Thrift [Abstract]
Regulatory Capital Requirements	Regulatory Capital Requirements Under Federal regulations, pre-conversion retained earnings are restricted for the protection of pre-conversion depositors. The Company is a bank holding company under the supervision of the Federal Reserve Bank of San Francisco. Bank holding companies are subject to capital adequacy requirements of the Federal Reserve Board under the Bank Holding Company Act of 1956, as amended, and the regulations of the Federal Reserve Board. The Bank is a federally insured institution and thereby is subject to the capital requirements established by the FDIC. The Federal Reserve Board capital requirements generally parallel the FDIC requirements. Failure to meet minimum capital requirements can initiate certain mandatory and possibly additional discretionary actions by regulators that, if undertaken, could have a direct material effect on the Company's financial statements. Under capital adequacy guidelines and the regulatory framework for prompt corrective action, the Bank must meet specific capital guidelines that involve quantitative measures of the Bank’s assets, liabilities, and certain off-balance-sheet items as calculated under regulatory accounting practices. The Bank’s capital amounts and classification are also subject to qualitative judgments by the regulators about components, risk weightings, and other factors. Prompt corrective action provisions are not applicable to bank holding companies. Quantitative measures established by regulation to ensure capital adequacy require the Bank to maintain minimum amounts and ratios (set forth in the table that follows) of total and Tier I capital to risk-weighted assets (as defined in the regulations) and of Tier 1 capital to average assets. Effective January 1, 2015 (with some changes transitioned into full effectiveness over two to four years), First Northwest Bancorp and First Federal became subject to capital requirements which created a required ratio for common equity Tier 1 (“CET1”) capital, increased the leverage and Tier 1 capital ratios, changed the risk-weightings of certain assets for purposes of the risk-based capital ratios, created an additional capital conservation buffer over the required capital ratios and changed what qualifies as capital for purposes of meeting these various capital requirements. First Northwest Bancorp and First Federal are required to maintain additional levels of Tier 1 common equity over the minimum risk-based capital levels to avoid limitations on dividends, repurchase shares and paying discretionary bonuses. The minimum requirements are a ratio of common equity Tier 1 capital ("CET1 capital") to total risk-weighted assets the (“CET1 risk-based ratio”) of 4.5% , a Tier 1 capital ratio of 6.0% , a total capital ratio of 8.0% , and a leverage ratio of 4.0% . Because of the Bank’s asset size, the Bank is not considered an advanced approaches banking organization and has elected to permanently opt-out of the inclusion of unrealized gains and losses on available for sale debt and equity securities in its capital calculations. The requirements also include changes in the risk-weighting of assets to better reflect credit risk and other risk exposure. These include a 150% risk weight (up from 100% ) for certain high volatility commercial real estate acquisition, development and construction loans and for non-residential mortgage loans that are 90 days past due or otherwise in nonaccrual status; a 20% (up from 0% ) credit conversion factor for the unused portion of a commitment with an original maturity of one year or less that is not unconditionally cancellable; and a 250% risk weight (up from 100% ) for mortgage servicing and deferred tax assets that are not deducted from capital. In order to avoid limitations on paying dividends, engaging in share repurchases, and paying discretionary bonuses based on percentages of eligible retained income that could be utilized for such actions, First Northwest Bancorp and First Federal must maintain CET1 capital at an amount greater than the required minimum levels plus a capital conservation buffer. This new capital conservation buffer requirement was phased in starting in January 2016 requiring a buffer of 0.625% of risk-weighted assets and will increase each year until fully implemented to an amount of 2.5% of risk-weighted assets in January 2019. As of December 31, 2019 , the conservation buffer was 2.5% . Under the new standards, in order to be considered well-capitalized, the Bank must maintain a CET1 risk-based ratio of 6.5% (new), a Tier 1 risk-based ratio of 8% (increased from 6% ), a total risk-based capital ratio of 10% (unchanged) and a leverage ratio of 5% (unchanged). As of December 31, 2019 , the most recent regulatory notifications categorized First Federal as “well capitalized” under the regulatory framework for prompt corrective action. To be categorized as “well capitalized,” the Bank must maintain minimum total risk-based, CET1 risk-based, Tier 1 risk-based, and Tier 1 leverage ratios as set forth in the following table. There are no conditions or events since that notification that management believes have changed First Federal’s category. At periodic intervals, banking regulators routinely examine First Northwest and First Federal as part of their legally prescribed oversight of the banking industry. A future examination could include a review of certain transactions or other amounts reported in the Company's consolidated financial statements. Based on these examinations, the regulators can direct that the Company's consolidated financial statements be adjusted in accordance with their findings. In view of the uncertain regulatory environment in which First Northwest and First Federal operate, the extent, if any, to which a forthcoming regulatory examination may ultimately result in adjustments to the accompanying consolidated financial statements cannot presently be determined. At December 31, 2019 , First Federal exceeded all regulatory capital requirements. Actual and required capital amounts and ratios are presented for First Federal in the following table: Actual For Capital Adequacy Purposes To Be Categorized Action Provision Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) As of December 31, 2019 Common equity tier 1 capital $ 149,223 17.54 % $ 38,275 4.50 % $ 55,286 6.50 % Tier 1 risk-based capital 149,223 17.54 51,034 6.00 68,045 8.00 Total risk-based capital 159,058 18.70 68,045 8.00 85,056 10.00 Tier 1 leverage capital 149,223 12.16 49,103 4.00 61,379 5.00 As of December 31, 2018 Common equity tier 1 capital $ 142,018 17.04 % $ 37,501 4.50 % $ 54,169 6.50 % Tier 1 risk-based capital 142,018 17.04 50,002 6.00 66,669 8.00 Total risk-based capital 151,781 18.21 66,669 8.00 83,336 10.00 Tier 1 leverage capital 142,018 11.47 49,509 4.00 61,887 5.00

Related Party Transactions

Related Party Transactions	12 Months Ended
	Dec. 31, 2019
Related Party Transactions [Abstract]
Related Party Transactions	Related Party Transactions Certain directors and executive officers are also customers who transact business with First Federal. All loans and commitments included in such transactions were made in compliance with applicable laws on substantially the same terms (including interest rates and collateral) as those prevailing at the time for comparable transactions with other persons and do not involve more than the normal risk of collectability or present any other unfavorable features. The following table presents the activity in loans to directors and executive officers for the periods shown: For the Year Ended December 31, 2019 2018 (In thousands) Beginning balance $ 923 $ 1,042 Loan advances 1 3 Loan repayments (235 ) (122 ) Reclassifications 1 — — Ending balance $ 689 $ 923 1 Represents loans that were once considered related party but are no longer considered related party or loans that were not related party that subsequently became related party loans. Deposits and certificates from related parties totaled $3.1 million and $2.9 million at December 31, 2019 and 2018 , respectively.

Commitments and Contingencies

Commitments and Contingencies	12 Months Ended
	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies	Commitments and Contingencies First Federal is a party to financial instruments with off-balance-sheet risk in the normal course of business to meet the financing needs of its customers. These financial instruments generally represent a commitment to extend credit in the form of loans. The instruments involve, to varying degrees, elements of credit and interest rate risk in excess of the amount recognized in the consolidated balance sheets. First Federal’s exposure to credit loss, in the event of nonperformance by the other party to the financial instrument for commitments to extend credit, is represented by the contractual notional amount of those instruments. First Federal uses the same credit policies in making commitments as it does for on-balance-sheet instruments. Management does not anticipate any material loss as a result of these transactions. Commitments to extend credit are agreements to lend to a customer as long as there is no violation of any condition established by the contract. Commitments generally have fixed expiration dates or other termination clauses and may require payment of a fee. Since many of these commitments are expected to expire without being drawn upon, the total commitment amounts do not necessarily represent future cash requirements. First Federal evaluates each customer’s creditworthiness on a case-by-case basis. First Federal did not incur any significant losses on its commitments for the years ended December 31, 2019 , and 2018 . The following financial instruments were outstanding whose contract amounts represent credit risk at: December 31, 2019 December 31, 2018 (In thousands) Commitments to grant loans $ 101 $ 625 Standby letters of credit 182 223 Unfunded commitments under lines of credit or existing loans 88,225 98,847 Legal contingencies - Various legal claims may arise from time to time in the normal course of business, which, in the opinion of management, have no current material effect on First Federal’s consolidated financial statements. Significant group concentrations of credit risk - Concentration of credit risk is the risk associated with a lack of diversification, such as having substantial loan concentrations in a specific type of loan within First Federal’s loan portfolio, thereby exposing First Federal to greater risks resulting from adverse economic, political, regulatory, geographic, industrial, or credit developments. Loans to one borrower are subject to the state banking regulations general limitation of 20 percent of First Federal’s equity, excluding accumulated other comprehensive income. At December 31, 2019 and 2018 First Federal’s most significant concentration of credit risk was in loans secured by real estate. These loans totaled approximately $730.2 million and $767.6 million , or 82.6% and 88.3% , of First Federal’s total loan portfolio at December 31, 2019 and 2018 , respectively. Real estate construction, including land acquisition and land development, commercial real estate, multi-family, home equity, and one- to four-family residential loans are included in the total loans secured by real estate for purposes of this calculation. After a period of decline the real estate market has begun to recover, which has helped stabilize nonperforming loans and the allowance for loan losses. At December 31, 2019 and 2018 , First Federal’s most significant investment concentration of credit risk was with the U.S. Government, its agencies, and Government-Sponsored Enterprises (GSEs). First Federal’s exposure, which results from positions in securities issued by the U.S. Government, its agencies, and securities guaranteed by GSEs, was $223.5 million and $243.4 million , or 69.5% and 77.7% , of First Federal’s total investment portfolio (including FHLB stock) at December 31, 2019 and 2018 , respectively.

Fair Value Accounting and Measu

Fair Value Accounting and Measurement	12 Months Ended
	Dec. 31, 2019
Fair Value Disclosures [Abstract]
Fair Value Accounting and Measurement	Fair Value Accounting and Measurement 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-party pricing services, both of which rely on market-based parameters when available, such as interest rate yield curves, option volatilities and credit spreads, or unobservable inputs. Unobservable inputs may be based on management’s judgment, assumptions, and estimates related to credit quality, liquidity, interest rates, and other relevant inputs. 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-level valuation hierarchy is used in determining fair value that is based on the transparency of the inputs used in the valuation process. The inputs used in determining fair value in each of the three levels of the hierarchy are as follows: Level 1 - Quoted prices (unadjusted) in active markets for identical assets or liabilities. Level 2 - Either: (i) quoted prices for similar assets or liabilities; (ii) observable inputs, such as interest rates or yield curves; or (iii) inputs derived principally from or corroborated by observable market data. Level 3 - Unobservable inputs. The hierarchy gives the highest ranking to Level 1 inputs and the lowest ranking to Level 3 inputs. The level in the fair value hierarchy within which the fair value measurement in its entirety falls is determined based on the lowest level input that is significant to the overall fair value measurement. Qualitative disclosures of valuation techniques - Securities available for sale: where quoted prices are available in an active market, securities are classified as Level 1. Level 1 instruments include highly liquid government bonds, securities issued by the U.S. Treasury, and exchange-traded equity securities. If quoted prices are not available, management determines fair value using pricing models, quoted prices of similar securities, which are considered Level 2, or discounted cash flows. In certain cases, where there is limited activity in the market for a particular instrument, assumptions must be made to determine their fair value. Such instruments are classified as Level 3. Assets and liabilities measured at fair value on a recurring basis - Assets and liabilities are considered to be fair valued on a recurring basis if fair value is measured regularly (i.e., daily, weekly, monthly, or quarterly). The following tables show the Company’s assets and liabilities measured at fair value on a recurring basis at the dates indicated: December 31, 2019 Quoted Prices in or Liabilities Significant Inputs Significant Inputs (Level 1) (Level 2) (Level 3) Total (In thousands) Securities available for sale Municipal bonds $ — $ 39,282 $ — $ 39,282 ABS agency — 28,858 — 28,858 ABS corporate — 40,855 — 40,855 SBA — 9,643 — 9,643 Corporate debt — 28,459 — 28,459 MBS agency — 160,167 — 160,167 MBS corporate — 8,316 — 8,316 $ — $ 315,580 $ — $ 315,580 December 31, 2018 Quoted Prices in Significant Significant (Level 1) (Level 2) (Level 3) Total (In thousands) Securities available for sale Municipal bonds $ — $ 869 $ — $ 869 ABS agency — 25,752 — 25,752 ABS corporate — 36,723 — 36,723 SBA — 9,888 — 9,888 Corporate debt — 35,670 — 35,670 MBS agency — 143,455 — 143,455 MBS corporate — 10,610 — 10,610 $ — $ 262,967 $ — $ 262,967 Assets measured at fair value on a nonrecurring basis - Assets are considered to be fair valued on a nonrecurring basis if the fair value measurement of the instrument does not necessarily result in a change in the amount recorded on the consolidated balance sheets. Generally, nonrecurring valuation is the result of the application of other accounting pronouncements that require assets or liabilities to be assessed for impairment or recorded at the lower of cost or fair value. The following tables present the Company’s assets measured at fair value on a nonrecurring basis at the dates indicated: December 31, 2019 Level 1 Level 2 Level 3 Total (In thousands) Impaired loans $ — $ — $ 6,389 $ 6,389 Real estate owned and repossessed assets — — 154 154 $ — $ — $ 6,543 $ 6,543 December 31, 2018 Level 1 Level 2 Level 3 Total (In thousands) Impaired loans $ — $ — $ 6,558 $ 6,558 Real estate owned and repossessed assets — — 124 124 $ — $ — $ 6,682 $ 6,682 During the years ended December 31, 2019 and 2018 , there were no impaired loans with discounts to appraisal disposition value. The following tables present the techniques used to value assets measured at fair value on a nonrecurring basis at the dates indicated: December 31, 2019 Fair Value Valuation Technique Unobservable Input Range (Weighted-Average) 1 (In thousands) Real estate owned and repossessed assets $ 154 Market comparable Discount to appraisal 0% - 10% (5%) 1 Discount to appraisal disposition value. December 31, 2018 Fair Value Valuation Technique Unobservable Input Range 1 (In thousands) Real estate owned and repossessed assets 124 Market comparable Discount to appraisal 0% - 10% (5%) 1 Discount to appraisal disposition value. The following tables present the carrying value and estimated fair value of financial instruments at the dates indicated: December 31, 2019 Carrying Amount Estimated Fair Value Fair Value Measurements Using: Level 1 Level 2 Level 3 (In thousands) Financial assets Cash and cash equivalents $ 48,739 $ 48,739 $ 48,739 $ — $ — Investment securities available for sale 315,580 315,580 — 315,580 — Loans held for sale 503 503 — 503 — Loans receivable, net 878,437 858,101 — — 858,101 FHLB stock 6,034 6,034 — 6,034 — Accrued interest receivable 3,931 3,931 — 3,931 — Mortgage servicing rights, net 871 1,486 — — 1,486 Financial liabilities Demand deposits $ 693,565 $ 693,565 $ 693,565 $ — $ — Time deposits 308,080 308,819 — 308,819 — Borrowings 112,930 113,076 — 113,076 — Accrued interest payable 373 373 — 373 — December 31, 2018 Carrying Amount Estimated Fair Value Fair Value Measurements Using: Level 1 Level 2 Level 3 (In thousands) Financial assets Cash and cash equivalents $ 26,323 $ 26,323 $ 26,323 $ — $ — Investment securities available for sale 262,967 262,967 — 262,967 — Investment securities held to maturity 43,503 42,990 — 42,990 — Loans receivable, net 863,852 840,861 — — 840,861 FHLB stock 6,927 6,927 — 6,927 — Accrued interest receivable 4,048 4,048 — 4,048 — Mortgage servicing rights, net 1,044 1,479 — — 1,479 Financial liabilities Demand deposits $ 678,908 $ 678,908 $ 678,908 $ — $ — Time deposits 261,352 259,549 — 259,549 — Borrowings 136,552 137,153 — 137,153 — Accrued interest payable 521 521 — 521 —

Earnings per Share

Earnings per Share	12 Months Ended
	Dec. 31, 2019
Earnings Per Share [Abstract]
Earnings per Share	Earnings per Share Basic earnings per share are computed by dividing income available to common shareholders by the weighted average number of common shares outstanding for the period. 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. The following table presents a reconciliation of the components used to compute basic and diluted earnings per share for the periods shown. For the Year Ended December 31, 2019 2018 (In thousands, except share data) Numerator: Net income $ 9,014 $ 7,105 Denominator: Basic weighted average common shares outstanding 9,845,021 10,331,902 Dilutive restricted stock grants 78,089 102,535 Diluted weighted average common shares outstanding 9,923,110 10,434,437 Basic earnings $ 0.92 $ 0.69 Diluted earnings $ 0.91 $ 0.68 Potential dilutive shares are excluded from the computation of EPS if their effect is anti-dilutive. For the years ended December 31, 2019 and 2018 , anti-dilutive shares outstanding related to restricted stock awards totaled 66,659 and 48,040 , respectively, because the incremental shares under the treasury stock method of calculation resulted in them being anti-dilutive. As of December 15, 2015, the ESOP had purchased 1,048,029 shares of First Northwest Bancorp in the open market. Unallocated ESOP shares are not included as outstanding shares for basic or diluted earnings per share calculations.

Noninterest Income

Noninterest Income	12 Months Ended
	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
Noninterest Income	Noninterest Income On January 1, 2018, the Company adopted the amendments of ASU 2014-09 Revenue from Contracts with Customers (Topic 606) and all subsequent ASUs that modified Topic 606. The Company has included the following table regarding the Company’s noninterest income for the periods presented. Year Ended December 31, 2019 2018 Noninterest income: Loan fees (1) $ 347 $ 807 Deposit fees 1,833 1,671 Debit interchange income 124 137 Credit card interchange income 1,765 1,740 Gain on loan sales, net (1) 1,077 577 Investment securities gain (loss), net (1) 836 77 Increase in cash surrender value of BOLI (1) 708 595 Other income: Investment services revenue 229 226 Gain or loss on subsidiary (1) 68 68 Remaining other income 25 21 Total other income 322 315 Total noninterest income $ 7,012 $ 5,919 (1) Not within scope of Topic 606 The Company recognizes revenue as it is earned and noted no impact to its revenue recognition policies as a result of the adoption of ASU 2014-09. The following is a discussion of key revenues within the scope of the new revenue guidance. Deposit fees - The Company earns fees from its deposit customers for account maintenance, transaction-based activity and overdraft services. Account maintenance fees consist primarily of account fees and analyzed account fees charged on deposit accounts on a monthly basis. The performance obligation is satisfied and the fees are recognized on a monthly basis as the service period is completed. Transaction-based fees on deposit accounts are charged to deposit customers for specific services provided to the customer, such as non-sufficient funds fees, overdraft fees, and wire fees. The performance obligation is completed as the transaction occurs and the fees are recognized at the time each specific service is provided to the customer. Debit interchange income - Debit and Automated Teller Machine ("ATM") interchange income represent fees earned when a debit card issued by the Company is used. The Company earns interchange fees from debit cardholder transactions through card networks. In addition, the Company earns interchange fees for use of its ATM by customers of other banking institutions. Interchange fees are based on purchase volumes and other factors and are recognized as transactions occur. The performance obligation is satisfied and the fees are earned when the cost of the transaction is charged to the cardholder's debit card. Certain expenses directly associated with the credit and debit card are netted against interchange income. Credit card interchange income - Credit card interchange income represents fees earned when a credit card issued by the Bank through a third-party vendor is used. Similar to the debit card interchange, the Bank earns an interchange fee for each transaction made with a Bank-branded credit card. The performance obligation is satisfied and the fees are earned when the cost of the transaction is charged to the cardholder's credit card. Certain expenses directly related to the credit card interchange contract are netted against interchange income. Investment services revenue - Commissions received on the sale of investment related products is determined by a percentage of underlying instruments sold and is recognized when the sale is finalized. Gains/losses on the sale of other real estate owned are included in non-interest expense and are generally recognized when the performance obligation is complete. This is typically at delivery of control over the property to the buyer at time of each real estate closing.

Parent Company Only Financial S

Parent Company Only Financial Statements	12 Months Ended
	Dec. 31, 2019
Condensed Financial Information Disclosure [Abstract]
Parent Company Only Financial Statements	Parent Company Only Financial Statements Presented below are the condensed balance sheet, statement of operations, and statement of cash flows for First Northwest Bancorp. FIRST NORTHWEST BANCORP Condensed Balance Sheets (In thousands) December 31, 2019 December 31, 2018 ASSETS Cash and due from banks $ 5,989 $ 8,508 Investment securities available for sale, at fair value 11,684 14,189 Investment in bank 147,744 137,657 ESOP loan receivable 10,740 11,300 Accrued interest receivable 190 212 Prepaid expenses and other assets 704 534 Total assets $ 177,051 $ 172,400 LIABILITIES AND SHAREHOLDERS' EQUITY Payable to subsidiary $ 177 $ 96 Other liabilities 23 40 Total liabilities 200 136 Shareholders' equity 176,851 172,264 Total liabilities and shareholders' equity $ 177,051 $ 172,400 FIRST NORTHWEST BANCORP Condensed Statements of Income (In thousands) For the Year Ended December 31, 2019 2018 Operating income: Interest and fees on loans receivable $ 268 $ 282 Interest on mortgage-backed and related securities 134 209 Interest on investment securities 130 163 Gain (loss) on sale of securities — (59 ) Total operating income 532 595 Operating expenses: Other expenses 892 922 Total operating expenses 892 922 Loss before benefit for income taxes and equity in undistributed earnings of subsidiary (360 ) (327 ) Benefit for income taxes (104 ) (89 ) Loss before equity in undistributed earnings of subsidiary (256 ) (238 ) Equity in undistributed earnings of subsidiary 13,270 17,343 Net income $ 13,014 $ 17,105 FIRST NORTHWEST BANCORP Condensed Statement of Cash Flows (In thousands) For the Year Ended December 31, 2019 2018 Cash flows from operating activities: Net income $ 13,014 $ 17,105 Adjustments to reconcile net income to net cash from operating activities: Equity in undistributed earnings of subsidiary (13,270 ) (17,343 ) Dividend received from subsidiary 4,000 10,000 Amortization of premiums and accretion of discounts on investments, net 81 89 Gain (loss) on sale of securities available for sale — 59 Change in payable to subsidiary 81 39 Change in other assets (227 ) (48 ) Change in other liabilities (17 ) 2 Net cash from operating activities 3,662 9,903 Cash flows from investing activities: Proceeds from maturities, calls, and principal repayments of securities available for sale 2,808 3,191 Proceeds from sales of securities available for sale — 1,979 ESOP loan repayment 560 546 Net cash from investing activities 3,368 5,716 Cash flows from financing activities: Repurchase of common stock (8,135 ) (10,317 ) Dividends paid (1,414 ) (335 ) Net cash from financing activities (9,549 ) (10,652 ) Net (decrease) increase in cash (2,519 ) 4,967 Cash and cash equivalents at beginning of period 8,508 3,541 Cash and cash equivalents at end of period $ 5,989 $ 8,508 NONCASH INVESTING ACTIVITIES Unrealized gain (loss) on securities available for sale $ 384 $ (104 )

Summary of Significant Accoun_2

Summary of Significant Accounting Policies - (Policies)	12 Months Ended
	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Use of estimates	Use of estimates - The preparation of financial statements in conformity with accounting principles generally accepted in the United States of America requires management to make assumptions. These assumptions result in estimates that affect the reported amounts of assets and liabilities, revenues and expenses, disclosure of contingent assets and liabilities at the date of the financial statements, and the reported amounts of revenue and expense during the reporting period. 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, fair value of financial instruments, deferred tax assets and liabilities, and the valuation of impaired loans.
Principles of consolidation	Principles of consolidation - The accompanying consolidated financial statements include the accounts of First Northwest Bancorp and its wholly owned subsidiary, First Federal. All material intercompany accounts and transactions have been eliminated in consolidation.
Subsequent events	Subsequent events - The Company has evaluated subsequent events for potential recognition and disclosure and determined there are no such events or transactions requiring recognition or disclosure.
Cash and cash equivalents	Cash and cash equivalents - Cash and cash equivalents consist of currency on hand, due from banks, and interest-bearing deposits with financial institutions with an original maturity of three months or less. The amounts on deposit fluctuate and, at times, exceed the insured limit by the FDIC, which potentially subjects First Federal to credit risk. First Federal has not experienced any losses due to balances exceeding FDIC insurance limits.
Restricted assets	Restricted assets - Federal Reserve Board regulations require maintenance of certain minimum reserve balances on deposit with the Federal Reserve Bank of San Francisco.
Investment securities	Investment securities - Investment securities are classified into one of three categories: (1) held-to-maturity, (2) available-for-sale, or (3) trading. First Federal had no trading securities at December 31, 2019 and 2018 . Investment securities are categorized as held-to-maturity when First Federal has the positive intent and ability to hold those securities to maturity. Securities that are held-to-maturity are stated at cost and adjusted for amortization of premiums and accretion of discounts, which are recognized as adjustments to interest income. Investment securities categorized as available for sale are generally held for investment purposes (to maturity), although unanticipated future events may result in the sale of some securities. Available-for-sale securities are recorded at fair value, with the unrealized holding gain or loss reported in other comprehensive income (OCI), net of tax, as a separate component of shareholders' equity. Realized gains or losses are determined using the amortized cost basis of securities sold using the specific identification method and are included in earnings. Dividend and interest income on investments are recognized when earned. Premiums and discounts are recognized in interest income using the level yield method over the period to maturity. The Company reviews investment securities for other-than-temporary impairment (OTTI) on a quarterly basis. For debt securities, the Company considers whether management intends to sell a security or if it is likely that the Company will be required to sell the security before recovery of the amortized cost basis of the investment, which may be maturity. For debt securities, if management intends to sell the security or it is likely that the Company will be required to sell the security before recovering its cost basis, the entire impairment loss would be recognized as OTTI and charged against earnings. If management does not intend to sell the security and it is not likely that the Company will be required to sell the security, but management does not expect to recover the entire amortized cost basis of the security, only the portion of the impairment loss representing credit losses would be recognized in earnings. The credit loss on a security is measured as the difference between the amortized cost basis and the present value of the cash flows expected to be collected. Projected cash flows are discounted by the original or current effective interest rate depending on the nature of the security being measured for potential OTTI. The remaining impairment related to all other factors, i.e. the difference between the present value of the cash flows expected to be collected and fair value, is recognized as a charge to OCI. Impairment losses related to all other factors are presented as separate categories within OCI. If there is an indication of additional credit losses, the security is re-evaluated according to the procedures described above.
Federal Home Loan Bank stock	Federal Home Loan Bank stock - First Federal’s investment in Federal Home Loan Bank of Des Moines (FHLB) stock is carried at cost, which approximates fair value. As a member of the FHLB system, First Federal is required to maintain a minimum investment in FHLB stock based on specific percentages of its outstanding mortgages, total assets, or FHLB advances. At December 31, 2019 and 2018 , First Federal’s minimum investment requirement was approximately $6.0 million and $6.9 million , respectively. First Federal was in compliance with the FHLB minimum investment requirement at December 31, 2019 and 2018 . First Federal may request redemption at par value of any stock in excess of the amount First Federal is required to hold. Stock redemptions are granted at the discretion of the FHLB. Management evaluates FHLB stock for impairment based on its assessment of the ultimate recoverability of cost rather than by recognizing temporary declines in value. The determination of whether a decline affects the ultimate recoverability of cost is influenced by criteria such as (1) the significance of any decline in net assets of the FHLB compared with the capital stock amount for the FHLB and the length of time this situation has persisted, (2) commitments by the FHLB to make payments required by law or regulation and the level of such payments in relation to the operating performance of the FHLB, (3) the impact of legislative and regulatory changes on institutions and, accordingly, the customer base of the FHLB, and (4) the liquidity position of the FHLB. Based on its evaluation, First Federal did not recognize an OTTI loss on its FHLB stock at December 31, 2019 and 2018 .
Loans held for sale	Loans held for sale - Mortgage loans originated and intended for sale in the secondary market are carried at the lower of aggregate cost or fair value. Fair value is determined based upon market prices from third-party purchasers and brokers. Net unrealized losses, if any, are recognized through a valuation allowance by charges to earnings. Gains or losses on the sale of loans are recognized at the time of sale and determined by the difference between net sale proceeds and the net book value of the loan less the estimated fair value of any retained mortgage servicing rights.
Loans receivable	Loans receivable - Loans are stated at the amount of unpaid principal, net of charge-offs, unearned income, allowance for loan loss (ALLL) and any deferred fees or costs. Interest on loans is calculated using the simple interest method based on the month end balance of the principal amount outstanding and is credited to income as earned. The estimated life is adjusted for prepayments. Each loan segment and class inherently contains differing credit risk profiles depending on the unique aspects of that segment or class of loans. For example, borrowers tend to consider their primary residence and access to transportation for employment-related purposes as basic requirements; accordingly, many consumers prioritize making payments on real estate first-mortgage loans and vehicle loans. Conversely, second-mortgage real estate loans or unsecured loans may not be supported by sufficient collateral; thus, in the event of financial hardship, borrowers may tend to place less importance on maintaining these loans as current and the Bank may not have adequate collateral to provide a secondary source of repayment in the event of default. Notwithstanding the various risk profiles unique to each class of loan, management believes that the credit risk for all loans is similarly dependent on essentially the same factors, including the financial strength of the borrower, the cash flow available to service maturing debt obligations, the condition and value of underlying collateral, the financial strength of any guarantors, and other factors. Loans are classified as impaired when, based on current information and events, it is probable that First Federal will be unable to collect the scheduled payments of principal and interest when due, in accordance with the terms of the original loan agreement. The carrying value of impaired loans is based on the present value of expected future cash flows discounted at each loan’s effective interest rate or, for collateral dependent loans, at fair value of the collateral, less selling costs. If the measurement of each impaired loan’s value is less than the recorded investment in the loan, First Federal recognizes this impairment and adjusts the carrying value of the loan to fair value through the allowance for loan losses. This can be accomplished by charging off the impaired portion of the loan or establishing a specific component to be provided for in the allowance for loan losses. The accrual of interest on loans is discontinued at the time the loan is 90 days delinquent, unless the credit is well secured and in process of collection. In all cases, loans are placed on nonaccrual or charged off at an earlier date if collection of principal or interest is considered doubtful. All interest accrued but not collected for loans that are placed on nonaccrual or charged off is reversed against interest income. The interest on these loans is accounted for on the cash basis or cost recovery method until qualifying for return to accrual. Loans are returned to accrual status when all the principal and interest amounts contractually due are brought current and future payments are reasonably assured. For those loans placed on non-accrual status due to payment delinquency, return to accrual status will generally not occur until the borrower demonstrates repayment ability over a period of not less than six months.
Loan fees	Loan fees - Loan origination fees and certain direct origination costs are deferred and amortized as an adjustment to the yield of the loan over the contractual life using the effective interest method. In the event a loan is sold, the remaining deferred loan origination fees and/or costs are recognized as a component of gains or losses on the sale of loans.
Allowance for loan losses	Allowance for loan losses - First Federal maintains a general allowance for loan losses based on evaluating known and inherent risks in the loan portfolio, including management’s continuing analysis of the factors underlying the quality of the loan portfolio. These factors include changes in the size and composition of the loan portfolio, actual loan loss experience, and current and anticipated economic conditions. The reserve is an estimate based upon factors and trends identified by management at the time the financial statements are prepared. The ultimate recovery of loans is susceptible to future market factors beyond First Federal’s control, which may result in losses or recoveries differing significantly from those provided in the consolidated financial statements. In addition, various regulatory agencies, as an integral part of their examination processes, periodically review First Federal’s allowance for loan losses. Such agencies may require First Federal to recognize additional provisions for loan losses based on their judgment using information available to them at the time of their examination. Allowances for losses on specific problem loans are charged to income when it is determined that the value of these loans and properties, in the judgment of management, is impaired. First Federal accounts for impaired loans in accordance with Accounting Standards Codification (ASC) 310-10-35, Receivables—Overall—Subsequent Measurement . A loan is considered impaired when, based on current information and events, it is probable that First Federal will be unable to collect all amounts due according to the contractual terms of the loan agreement. When a loan has been identified as being impaired, the amount of the impairment is measured by using discounted cash flows, except when it is determined that the sole source of repayment for the loan is the operation or liquidation of the underlying collateral. In such cases, impairment is measured at current fair value generally based on a current appraisal of the collateral, reduced by estimated selling costs. When the measurement of the impaired loan is less than the recorded investment in the loan (including collected interest that has been applied to principal, net deferred loan fees or costs, and unamortized premiums or discounts), loan impairment is recognized by establishing or adjusting an allocation of the allowance for loan losses. Uncollected accrued interest is reversed against interest income. If ultimate collection of principal is in doubt, all cash receipts on impaired loans are applied to reduce the principal balance. The impairment amount for small balance homogeneous loans is calculated using the adjusted historical loss rate for the class and risk category related to each loan, unless the loan is subject to a troubled debt restructuring ("TDR"). A TDR is a loan for which First Federal, for reasons related to the borrower’s financial difficulties, grants a concession to the borrower that First Federal would not otherwise consider. The loan terms that have been modified or restructured due to the borrower’s financial difficulty include, but are not limited to, a reduction in the stated interest rate; an extension of the maturity; an interest rate below market; a reduction in the face amount of the debt; a reduction in the accrued interest; or extension, deferral, renewal, or rewrite of the original loan terms. The restructured loans may be classified “special mention” or “substandard” depending on the severity of the modification. Loans that were paid current at the time of modification may be upgraded in their classification after a sustained period of repayment performance, usually six months or longer, and there is reasonable assurance that repayment will continue. Loans that are past due at the time of modification are classified “substandard” and placed on nonaccrual status. TDR loans may be upgraded in their classification and placed on accrual status once there is a sustained period of repayment performance, usually six months or longer, and there is a reasonable assurance that repayment will continue. First Federal allows reclassification of a troubled debt restructuring back into the general loan pool (as a non-troubled debt restructuring) if the borrower is able to refinance the loan at then-current market rates and meet all of the underwriting criteria of First Federal required of other borrowers. The refinance must be based on the borrower’s ability to repay the debt and no special concessions of rate and/or term are granted to the borrower.
Reserve for unfunded commitments	Reserve for unfunded commitments - Management maintains a reserve for unfunded commitments to absorb probable losses associated with off-balance sheet commitments to lend funds such as unused lines of credit and the undisbursed portion of construction loans. Management determines the adequacy of the reserve based on reviews of individual exposures, current economic conditions, and other relevant factors. The reserve is based on estimates and ultimate losses may vary from the current estimates. The reserve is evaluated on a regular basis and necessary adjustments are reported in earnings during the period in which they become known. The reserve for unfunded commitments is included in "Accrued expenses and other liabilities" on the consolidated balance sheets.
Real estate owned and repossessed assets	Real estate owned and repossessed assets - Real estate owned and repossessed assets include real estate and personal property acquired through foreclosure or repossession and may include in-substance foreclosed properties. In-substance foreclosed properties are those properties for which the Bank has taken physical possession, regardless of whether formal foreclosure proceedings have taken place.
Mortgage servicing rights	Mortgage servicing rights - Originated servicing rights are recorded when mortgage loans are originated and subsequently sold with the servicing rights retained. Servicing assets are initially recognized at fair value with the income statement effect recorded in gains on sales of loans and amortized into non-interest income in proportion to, and over the period of, the estimated future net servicing income of the underlying financial asset. To determine the fair value of servicing rights, management uses a valuation model that calculates the present value of future cash flows. Assumptions used in the valuation model include market discount rates and anticipated prepayment speeds. In addition, estimates of the cost of servicing per loan, an inflation rate, ancillary income per loan, and default rates are used. The initial fair value relating to the servicing rights is capitalized and amortized into noninterest income in proportion to, and over the period of, estimated future net servicing income. Management assesses impairment of the mortgage servicing rights based on recalculations of the present value of remaining future cash flows using updated market discount rates and prepayment speeds. Subsequent loan prepayments and changes in prepayment assumptions in excess of those forecasted can adversely impact the carrying value of the servicing rights. Impairment is assessed on a stratified basis with any impairment recognized through a valuation allowance for each impaired stratum. The servicing rights are stratified based on the predominant risk characteristics of the underlying loans: fixed-rate loans and adjustable-rate loans. The effect of changes in market interest rates on estimated rates of loan prepayments is the predominant risk characteristic for mortgage servicing rights. The valuation model incorporates assumptions that market participants would use in estimating future net servicing income, such as the cost to service, the discount rate, the custodial earnings rate, an inflation rate, ancillary income, prepayment speeds, and default rates and losses. Mortgage servicing income represents fees earned for servicing loans. Fees for servicing mortgage loans are generally based upon a percentage of the principal balance of the loans serviced, as well as related ancillary income such as late charges. Servicing income is recognized as earned, unless collection is doubtful. The caption in the consolidated statement of income “ Mortgage servicing fees, net ” includes mortgage servicing income, amortization of mortgage servicing rights, the effects of mortgage servicing run-off, and impairment, if applicable.
Income taxes	Income taxes - First Federal accounts for income taxes in accordance with the provisions of ASC 740-10, Income Taxes , which requires the use of the asset and liability method of accounting for income taxes. Deferred tax assets and liabilities are recognized for their future tax consequences, attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases. Deferred tax assets and liabilities are measured using the enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled.
Premises and equipment	Premises and equipment - Premises and equipment are stated at cost less accumulated depreciation. Depreciation is recognized and computed on the straight-line method over the estimated useful lives as follows: Buildings 37.5 - 50 years Furniture, fixtures, and equipment 3 - 10 years Software 3 years Automobiles 5 years
Transfers of financial assets	Transfers of financial assets - Transfers of an entire financial asset, a group of financial assets, or a participating interest in an entire financial asset are accounted for as sales when control over the assets has been relinquished. Control over transferred assets is deemed to be surrendered when: (1) the assets have been isolated from First Federal, (2) the transferee obtains the right (free of conditions that constrain it from taking advantage of that right) to pledge or exchange the transferred assets, and (3) First Federal does not maintain effective control over the transferred assets through an agreement to repurchase them before their maturity. The mortgage loans that are sold with recourse provisions are accounted for as sales until such time as the loan defaults. Periodically, First Federal sells mortgage loans with “life of the loan” recourse provisions, requiring First Federal to repurchase the loan at any time if it defaults.
Bank-owned life insurance	Bank-owned life insurance - The carrying amount of life insurance approximates fair value. Fair value of life insurance is estimated using the cash surrender value, less applicable surrender charges. The change in cash surrender value is included in noninterest income.
Off-balance-sheet credit-related financial instruments	Off-balance-sheet credit-related financial instruments - In the ordinary course of business, First Federal has entered into commitments to extend credit, including commitments under lines of credit, commercial letters of credit, and standby letters of credit. Such financial instruments are recorded when they are funded.
Advertising costs	Advertising costs - First Federal expenses advertising costs as they are incurred.
Comprehensive income (loss)	Comprehensive income (loss) - Accounting principles generally require that recognized revenue, expenses, and gains and losses be included in net income (loss) . Although certain changes in assets and liabilities, such as unrealized gains and losses on available-for-sale securities, are reported as a separate component of the equity section of the consolidated balance sheets, such items, along with net income (loss) , are components of comprehensive income (loss) .
Dividend restriction	Dividend restriction - Banking regulations require maintaining certain capital levels and may limit the dividends paid by the Bank to the Company or by the Company to shareholders.
Fair value measurements	Fair value measurements - Fair values of financial instruments are estimated using relevant market information and other assumptions ( Note 15 ). Fair value estimates involve uncertainties and matters of significant judgment regarding interest rates, credit risk, prepayments, and other factors, especially in the absence of broad markets for particular items. Changes in assumptions or in market conditions could significantly affect these estimates.
Segment information	Segment information - First Federal is engaged in the business of attracting deposits and providing lending services. Substantially all income is derived from a diverse base of commercial, mortgage, and consumer lending activities and investments. The Company’s activities are considered to be a single industry segment for financial reporting purposes.
Employee Stock Ownership Plan	Employee Stock Ownership Plan - The cost of shares issued to the ESOP but not yet allocated to participants is shown as a reduction of shareholders' equity. Compensation expense is based on the market price of shares as they are committed to be released to participants' accounts. Dividends on allocated ESOP shares reduce retained earnings while dividends on unearned ESOP shares reduce debt and accrued interest.
Earnings (loss) per Share	Earnings (loss) per Share - Basic earnings (loss) per share ("EPS") is computed by dividing net income or (loss), reduced by earnings allocated to participating shares of restricted stock, by the weighted-average number of common shares outstanding during the period. As ESOP shares are committed to be released, they become outstanding for EPS calculation purposes. ESOP shares not committed to be released are not considered outstanding for basic or diluted EPS calculations. The basic EPS calculation excludes the dilutive effect of all common stock equivalents. Diluted earnings per share reflects the weighted-average potential dilution that could occur if all potentially dilutive securities or other commitments to issue common stock were exercised or converted into common stock using the treasury stock method. According to the provisions of ASC 260, Earnings per Share , nonvested share-based payment awards that contain nonforfeitable rights to dividends or dividend equivalents are participating securities and are included in the computation of EPS pursuant to the two-class method. The two-class method is an earnings allocation formula that determines earnings per share for each class of common stock and participating security according to dividends declared or accumulated and participation rights in undistributed earnings. At this time the Company has no share-based payment awards nor paid a dividend.
Recently issued accounting pronouncements	In February 2016, the FASB issued ASU No. 2016-02, Leases . ASU 2016-02 is intended to increase transparency and comparability among organizations by requiring the recognition of lease assets and lease liabilities on the balance sheet and disclosure of key information about leasing arrangements. The ASU requires a lessee to recognize on the balance sheet assets and liabilities for leases with lease terms of more than 12 months. Consistent with current GAAP, the recognition, measurement, and presentation of expenses and cash flows arising from a lease by a lessee primarily will depend on its classification as a finance or operating lease. Unlike current GAAP, which requires that only capital leases be recognized on the balance sheet, the ASC requires that both types of leases be recognized on the balance sheet. For public companies, this update is effective for interim and annual periods beginning after December 15, 2018. The adoption of ASU No. 2016-02 effective January 1, 2019, resulted in a right-of-use asset and corresponding lease obligation liability of $3.9 million . The Corporation chose the effective date as the date of initial application. Consequently, prior period financial information has not been updated or restated. The right-of-use asset is included in other assets and the lease obligation liability is included in other liabilities on the December 31, 2019 , consolidated balance sheet. In August 2017, FASB issued ASU No. 2017-12, Derivatives and Hedging (Topic 815). This ASU was issued to provide investors better insight to an entity’s risk management hedging strategies by permitting companies to recognize the economic results of hedging strategies in the financial statements. The amendments in this ASU permit hedge accounting for hedging relationships involving non-financial risk and interest rate risk by removing certain limitations in cash flow and fair value hedging relationships. In addition, the ASU requires an entity to present the earnings effect of the hedging instrument in the same income statement line item in which the earnings effect of the hedged item is reported. This ASU is effective for fiscal years beginning after December 15, 2018, and early adoption is permitted. Adoption of ASU 2017-12 did not have a material impact on the Company’s consolidated financial statements. In June 2018, FASB issued ASU No. 2018-07, Compensation—Stock Compensation (Topic 718): Improvements to Nonemployee Share-Based Payment Accounting . These amendments provide specific guidance for transactions for acquiring goods and services from nonemployees and specify that Topic 718 applies to all share-based payment transactions in which a grantor acquires goods or services to be used or consumed in a grantor’s own operations by issuing share-based payment awards. The amendments also clarify that Topic 718 does not apply to share-based payments used to effectively provide (i) financing to the issuer or (ii) awards granted in conjunction with selling goods or services to customers as part of a contract accounted for under Topic 606, Revenue from Contracts with Customers . This guidance is effective for fiscal years beginning after December 15, 2018, and interim periods beginning after December 15, 2020. Early adoption is permitted but not earlier than the adoption of Topic 606. Adoption of this ASU did not have a material effect on the Company's consolidated financial statements as it has not historically issued share-based payments in exchange for goods or services to be consumed within its operations. In July 2018, FASB issued ASU No. 2018-09, Codification Improvements . These amendments provide clarifications and corrections to certain ASC subtopics including the following: 220-10 (Income Statement - Reporting Comprehensive Income - Overall), 470-50 (Debt - Modifications and Extinguishments), 480-10 (Distinguishing Liabilities from Equity - Overall), 718-740 (Compensation - Stock Compensation - Income Taxes), 805-740 (Business Combinations - Income Taxes), 815-10 (Derivatives and Hedging - Overall), and 820-10 (Fair Value Measurement - Overall). Some of the amendments in ASU 2018-09 do not require transition guidance and will be effective upon issuance; however, many of the amendments do have transition guidance with effective dates for annual periods beginning after December 15, 2018. Adoption of ASU 2018-09 did not have a material impact on the Company's consolidated financial statements. In October 2018, the FASB issued ASU No. 2018-16 Derivatives and Hedging (Topic 815), Inclusion of the Secured Overnight Financing Rate (SOFR) Overnight Index Swap (OIS) Rate as a Benchmark Interest Rate for Hedge Accounting Purposes . The amendments in this ASU permit use of the OIS rate based on SOFR as a U.S. benchmark interest rate for hedge accounting purposes under Topic 815 in addition to the interest rates on direct Treasury obligations of the U.S. government, the London Interbank Offered Rate (LIBOR) swap rate, the Overnight Index Swap (OIS) Rate based on the Fed Funds Effective Rate and the Securities Industry and Financial Markets Association (SIFMA) Municipal Swap Rate. The amendments in this ASU are required to be adopted concurrently with the amendments in ASU 2017-12. For public companies, this would be for fiscal years, and interim periods within those fiscal years beginning after December 15, 2018. Adoption of ASU 2018-16 did not have a material impact on the Company's consolidated financial statements. Recently adopted regulatory rule In August 2018, the Securities and Exchange Commission issued a final rule that amends certain of its disclosure requirements. The rule simplifies various disclosure requirements for public companies including primarily that it (i) eliminates the requirement for public companies to disclose in their filings a schedule of earnings to fixed charges, (ii) requires an analysis of changes in stockholders’ equity for the current and comparative year-to-date interim periods in interim reports, and (iii) reduces the requirements for market price information disclosures in annual reports. These changes are effective for public companies beginning on November 5, 2018. The Company started complying with these new requirements beginning with the Quarterly Report for the period ended March 31, 2019, on Form 10-Q. Recently issued accounting pronouncements not yet adopted Credit Losses In June 2016, the FASB issued ASU No. 2016-13, Financial Instruments - Credit Loss , which updates the guidance on recognition and measurement of credit losses for financial assets. The new requirements, known as the current expected credit loss model (CECL) will require entities to adopt an impairment model based on expected losses rather than incurred losses. ASU No. 2016-13 is effective for fiscal years beginning after December 15, 2019, including interim periods within those fiscal years. Upon adoption, the Company will change processes and procedures to calculate the allowance for loan losses, including changes in assumptions and estimates to consider expected credit losses over the life of the loan versus the current accounting practice that utilizes the incurred loss model. In addition, the current accounting policy and procedures for other-than-temporary impairment on investment securities available for sale will be replaced with an allowance approach. Additional updates were issued in ASU No. 2019-04, Codification Improvements to Topic 326, Financial Instruments - Credit Losses, Topic 815, Derivatives and Hedging (Topic 825), Financial Instruments . This ASU clarifies and improves guidance related to the previously issued standards on credit losses, hedging and recognition and measurement of financial instruments. The amendments provide entities with various measurement alternatives and policy elections related to accounting for credit losses and accrued interest receivable balances. Entities are also able to elect a practical expedient to separately disclose the total amount of accrued interest included in the amortized cost basis as a single balance to meet certain disclosure requirements. The amendments clarify that the estimated allowance for credit losses should include all expected recoveries of financial assets and trade receivables that were previously written off and expected to be written off. The amendments also allow entities to use projections of future interest rate environments when using a discounted cash flow method to measure expected credit losses on variable-rate financial instruments. In addition, new updates were issued through ASU No. 2019-05, Financial Instruments - Credit Losses (Topic 326): Targeted Transition Relief . This amendment allows entities to elect the fair value option on certain financial instruments. On adoption, an entity is allowed to irrevocably elect the fair value option on an instrument-by-instrument basis. This alternative is available for all instruments in the scope of Subtopic 326-20 except for existing held-to-maturity debt securities. If an entity elects the fair value option, the difference between the instrument’s fair value and carrying amount is recognized as a cumulative-effect adjustment. In October 2019, the FASB confirmed that it will be moving forward with finalizing its proposal to defer the effective date for this guidance for smaller reporting companies from the interim and annual periods beginning after December 15, 2020 to the interim and annual periods beginning after December 15, 2022. For this effective date deferral to take effect, the FASB must issue the final ASU which we expect to be issued in mid-November. Early adoption is permitted for interim and annual periods beginning after December 15, 2018. Upon issuance of the final ASU, we plan to adopt this guidance on January 1, 2023. The Company is evaluating the provisions of ASU No. 2016-13, ASU No. 2019-04 and ASU No. 2019-05, and will closely monitor developments and additional guidance to determine the potential impact on the Company’s consolidated financial statements. At this time, we cannot reasonably estimate the impact the implementation of these ASUs will have on the Company's consolidated financial statements. The Company's internal project management team continues to review models, work with our third-party vendor, and discuss changes to processes and procedures to ensure the Company is fully compliant with the amendments at the adoption date. Other Pronouncements In August 2018, FASB issued ASU No. 2018-13, Disclosure Framework — Changes to the Disclosure Requirements for Fair Value Measurement , which removes, modifies, and adds certain disclosure requirements related to fair value measurements in ASC 820. This guidance eliminates certain disclosure requirements for fair value measurements: the amount of and reasons for transfers between Level 1 and Level 2 of the fair value hierarchy, an entity’s policy for the timing of transfers between levels of the fair value hierarchy and an entity’s valuation processes for Level 3 fair value measurements. This guidance also adds new disclosure requirements for public entities: changes in unrealized gains and losses for the period included in other comprehensive income for recurring Level 3 fair value measurements of instruments held at the end of the reporting period, and the range and weighted average of significant unobservable inputs used to develop recurring and nonrecurring Level 3 fair value measurements, including how the weighted average is calculated. Furthermore, this guidance modifies certain requirements which will involve disclosing: transfers into and out of Level 3 of the fair value hierarchy, purchases and issuances of Level 3 assets and liabilities, and information about the measurement uncertainty of Level 3 fair value measurements as of the reporting date. This guidance is effective for public companies in fiscal years beginning after December 15, 2019, with early adoption permitted. This ASU is not expected to have a material impact on the Company's consolidated financial statements. In August 2018, FASB issued ASU No. 2018-15, Customer’s Accounting for Implementation Costs Incurred in a Cloud Computing Arrangement That Is a Service Contract , to provide guidance on implementation costs incurred in a cloud computing arrangement that is a service contract. The ASU aligns the accounting for such costs with the guidance on capitalizing costs associated with developing or obtaining internal-use software. Specifically, the ASU amends ASC 350 to include in its scope implementation costs of such arrangements that are service contracts and clarifies that a customer should apply ASC 350-40 to determine which implementation costs should be capitalized. This ASU, which is effective for fiscal years beginning after December 15, 2019, is not expected to have a material impact on the Company’s financial statements. In December 2019, FASB issued ASU No. 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes . ASU 2019-12 simplifies various aspects related to accounting for income taxes by removing certain exceptions to the general principles in Topic 740. The standard also clarifies and amends existing guidance to improve consistent application. This ASU, which is effective for fiscal years beginning after December 15, 2020, is not expected to have a material impact on the Company's financial statements. Early adoption is permitted.
Reclassifications	Reclassifications - Certain amounts in the unaudited interim consolidated financial statements for prior periods have been reclassified to conform to the current audited financial statement presentation with no effect on net income or shareholders' equity.

Summary of Significant Accoun_3

Summary of Significant Accounting Policies (Tables)	12 Months Ended
	Dec. 31, 2019
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Summary of premises and equipment useful lives	Depreciation is recognized and computed on the straight-line method over the estimated useful lives as follows: Buildings 37.5 - 50 years Furniture, fixtures, and equipment 3 - 10 years Software 3 years Automobiles 5 years Premises and equipment consist of the following as of: December 31, 2019 December 31, 2018 (In thousands) Land $ 2,564 $ 2,560 Buildings 6,075 6,075 Building improvements 12,015 11,985 Furniture, fixtures, and equipment 7,011 7,446 Software 1,221 1,507 Automobiles 66 81 Construction in progress 136 9 29,088 29,663 Less accumulated depreciation and amortization (14,746 ) (14,408 ) $ 14,342 $ 15,255

Securities (Tables)

Securities (Tables)	12 Months Ended
	Dec. 31, 2019
Investments, Debt and Equity Securities [Abstract]
Schedule of amortized costs and fair values of securities available-for-sale	The amortized cost, gross unrealized gains and losses, and estimated fair value of securities classified as available-for-sale and held-to-maturity at December 31, 2019 , are summarized as follows: December 31, 2019 Amortized Cost Gross Unrealized Gains Gross Unrealized Losses Estimated Fair Value (In thousands) Available for Sale Investment Securities Municipal bonds $ 39,524 $ 125 $ (367 ) $ 39,282 U.S. government agency issued asset-backed securities 29,796 — (938 ) 28,858 Corporate issued asset-backed securities (ABS corporate) 41,728 — (873 ) 40,855 Corporate issued debt securities (Corporate debt) 9,986 — (343 ) 9,643 U.S. Small Business Administration securities (SBA) 28,423 72 (36 ) 28,459 Total $ 149,457 $ 197 $ (2,557 ) $ 147,097 Mortgage-Backed Securities U.S. government agency issued mortgage-backed securities $ 159,697 $ 811 $ (341 ) $ 160,167 Corporate issued mortgage-backed securities 8,374 — (58 ) 8,316 Total $ 168,071 $ 811 $ (399 ) $ 168,483 Total securities available for sale $ 317,528 $ 1,008 $ (2,956 ) $ 315,580 The amortized cost, gross unrealized gains and losses, and estimated fair value of securities classified as available-for-sale and held-to-maturity at December 31, 2018 , are summarized as follows: December 31, 2018 Cost Gross Gains Gross Losses Estimated Value (In thousands) Available for Sale Investment Securities Municipal bonds $ 882 $ — $ (13 ) $ 869 ABS agency 26,125 — (373 ) 25,752 ABS corporate 37,897 — (1,174 ) 36,723 Corporate debt 9,986 98 (196 ) 9,888 SBA 35,936 23 (289 ) 35,670 Total $ 110,826 $ 121 $ (2,045 ) $ 108,902 Mortgage-Backed Securities MBS agency $ 147,205 $ 12 $ (3,762 ) $ 143,455 MBS corporate 10,953 — (343 ) 10,610 Total $ 158,158 $ 12 $ (4,105 ) $ 154,065 Total securities available for sale $ 268,984 $ 133 $ (6,150 ) $ 262,967 Held to Maturity Investment Securities Municipal bonds $ 11,919 $ 43 $ — $ 11,962 SBA 302 — (1 ) 301 Total $ 12,221 $ 43 $ (1 ) $ 12,263 Mortgage-Backed Securities MBS agency $ 31,282 $ 40 $ (595 ) $ 30,727 Total securities held to maturity $ 43,503 $ 83 $ (596 ) $ 42,990
Schedule of available-for-sale securities in a continuous unrealized loss position	The following table 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, 2019 : Less Than Twelve Months Twelve Months or Longer Total Gross Fair Value Gross Fair Value Gross Fair Value (In thousands) Available for Sale Investment Securities Municipal bonds $ (367 ) $ 29,928 $ — $ — $ (367 ) $ 29,928 ABS Agency (59 ) 3,855 (879 ) 25,002 (938 ) 28,857 ABS corporate (31 ) 3,848 (842 ) 37,007 (873 ) 40,855 Corporate debt (17 ) 4,983 (326 ) 4,660 (343 ) 9,643 SBA — — (36 ) 15,034 (36 ) 15,034 Total $ (474 ) $ 42,614 $ (2,083 ) $ 81,703 $ (2,557 ) $ 124,317 Mortgage-Backed Securities MBS agency $ (166 ) $ 18,744 $ (175 ) $ 47,463 $ (341 ) $ 66,207 MBS corporate — — (58 ) 8,316 (58 ) 8,316 Total $ (166 ) $ 18,744 $ (233 ) $ 55,779 $ (399 ) $ 74,523 The following table 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, 2018 : Less Than Twelve Months Twelve Months or Longer Total Gross Fair Gross Fair Gross Fair (In thousands) Available for Sale Investment Securities Municipal bonds $ (8 ) $ 757 $ (5 ) $ 110 $ (13 ) $ 867 ABS Agency (302 ) 23,286 (71 ) 2,466 (373 ) 25,752 ABS Corporate (571 ) 14,527 (603 ) 22,196 (1,174 ) 36,723 Corporate debt — — (196 ) 4,791 (196 ) 4,791 SBA (44 ) 13,400 (245 ) 13,089 (289 ) 26,489 Total $ (925 ) $ 51,970 $ (1,120 ) $ 42,652 $ (2,045 ) $ 94,622 Mortgage-Backed Securities MBS agency $ (28 ) $ 17,996 $ (3,734 ) $ 120,617 $ (3,762 ) $ 138,613 MBS corporate — — (343 ) 10,610 (343 ) 10,610 Total $ (28 ) $ 17,996 $ (4,077 ) $ 131,227 $ (4,105 ) $ 149,223 Held to Maturity Investment Securities SBA $ (1 ) $ — $ — $ 301 $ (1 ) $ 301 Mortgage-Backed Securities MBS agency $ (70 ) $ 6,241 $ (525 ) $ 18,073 $ (595 ) $ 24,314
Schedule of held-to-maturity securities in a continuous unrealized loss position	The following table 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, 2019 : Less Than Twelve Months Twelve Months or Longer Total Gross Fair Value Gross Fair Value Gross Fair Value (In thousands) Available for Sale Investment Securities Municipal bonds $ (367 ) $ 29,928 $ — $ — $ (367 ) $ 29,928 ABS Agency (59 ) 3,855 (879 ) 25,002 (938 ) 28,857 ABS corporate (31 ) 3,848 (842 ) 37,007 (873 ) 40,855 Corporate debt (17 ) 4,983 (326 ) 4,660 (343 ) 9,643 SBA — — (36 ) 15,034 (36 ) 15,034 Total $ (474 ) $ 42,614 $ (2,083 ) $ 81,703 $ (2,557 ) $ 124,317 Mortgage-Backed Securities MBS agency $ (166 ) $ 18,744 $ (175 ) $ 47,463 $ (341 ) $ 66,207 MBS corporate — — (58 ) 8,316 (58 ) 8,316 Total $ (166 ) $ 18,744 $ (233 ) $ 55,779 $ (399 ) $ 74,523 The following table 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, 2018 : Less Than Twelve Months Twelve Months or Longer Total Gross Fair Gross Fair Gross Fair (In thousands) Available for Sale Investment Securities Municipal bonds $ (8 ) $ 757 $ (5 ) $ 110 $ (13 ) $ 867 ABS Agency (302 ) 23,286 (71 ) 2,466 (373 ) 25,752 ABS Corporate (571 ) 14,527 (603 ) 22,196 (1,174 ) 36,723 Corporate debt — — (196 ) 4,791 (196 ) 4,791 SBA (44 ) 13,400 (245 ) 13,089 (289 ) 26,489 Total $ (925 ) $ 51,970 $ (1,120 ) $ 42,652 $ (2,045 ) $ 94,622 Mortgage-Backed Securities MBS agency $ (28 ) $ 17,996 $ (3,734 ) $ 120,617 $ (3,762 ) $ 138,613 MBS corporate — — (343 ) 10,610 (343 ) 10,610 Total $ (28 ) $ 17,996 $ (4,077 ) $ 131,227 $ (4,105 ) $ 149,223 Held to Maturity Investment Securities SBA $ (1 ) $ — $ — $ 301 $ (1 ) $ 301 Mortgage-Backed Securities MBS agency $ (70 ) $ 6,241 $ (525 ) $ 18,073 $ (595 ) $ 24,314
Schedule of amortized cost and estimated fair value of investment securities by contractual maturity	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 differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties; therefore, these securities are shown separately. December 31, 2019 Amortized Cost Estimated Fair Value Available for Sale (In thousands) Mortgage-backed securities: Due within one year $ — $ — Due after one through five years 13,360 13,391 Due after five through ten years 6,261 6,257 Due after ten years 148,450 148,835 Total mortgage-backed securities 168,071 168,483 All other investment securities: Due within one year — — Due after one through five years 2,043 2,084 Due after five through ten years 58,460 57,680 Due after ten years 88,954 87,333 Total all other investment securities 149,457 147,097 Total investment securities $ 317,528 $ 315,580 December 31, 2018 Available for Sale Held to Maturity Amortized Cost Estimated Fair Value Amortized Cost Estimated Fair Value (In thousands) Mortgage-backed securities: Due within one year $ — $ — $ — $ — Due after one through five years 7,204 7,089 578 569 Due after five through ten years 11,862 11,637 2,035 1,978 Due after ten years 139,092 135,339 28,669 28,180 Total mortgage-backed securities 158,158 154,065 31,282 30,727 All other investment securities: Due within one year — — — — Due after one through five years — — 734 741 Due after five through ten years 19,564 19,362 6,728 6,743 Due after ten years 91,262 89,540 4,759 4,779 Total all other investment securities 110,826 108,902 12,221 12,263 Total investment securities $ 268,984 $ 262,967 $ 43,503 $ 42,990
Summary of sale of available-for-sale securities	Sales of available-for-sale securities were as follows: For the Year Ended December 31, 2019 2018 (In thousands) Proceeds $ 16,545 $ 56,683 Gross gains 836 233 Gross losses — (183 )

Loans Receivable (Tables)

Loans Receivable (Tables)	12 Months Ended
	Dec. 31, 2019
Loans and Leases Receivable Disclosure [Abstract]
Schedule of loans receivable balances	Loans receivable consist of the following at the dates indicated: December 31, 2019 December 31, 2018 (In thousands) Real Estate: One- to four-family $ 306,014 $ 336,178 Multi-family 96,098 82,331 Commercial real estate 255,722 253,235 Construction and land 37,187 54,102 Total real estate loans 695,021 725,846 Consumer: Home equity 35,046 37,629 Auto and other consumer 112,119 87,357 Total consumer loans 147,165 124,986 Commercial business loans 41,571 18,898 Total loans 883,757 869,730 Less: Net deferred loan fees 206 292 Premium on purchased loans, net (4,514 ) (3,947 ) Allowance for loan losses 9,628 9,533 Total loans receivable, net $ 878,437 $ 863,852
Schedule of loans by the earlier of next repricing date or maturity	Loans, by the earlier of next repricing date or maturity, at the dates indicated: December 31, 2019 December 31, 2018 (In thousands) Adjustable-rate loans Due within one year $ 99,494 $ 84,284 After one but within five years 238,244 263,118 After five but within ten years 53,142 59,922 After ten years 5,054 5,202 395,934 412,526 Fixed-rate loans Due within one year 37,110 1,698 After one but within five years 67,786 83,407 After five but within ten years 124,683 120,094 After ten years 258,244 252,005 487,823 457,204 $ 883,757 $ 869,730
Schedule of activity in allowance for loan losses	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, 2019 One-to- Multi- Commercial Construction Home Auto and Commercial Unallocated Total (In thousands) ALLL: Beginning balance $ 3,297 $ 762 $ 2,289 $ 585 $ 480 $ 1,611 $ 334 $ 175 $ 9,533 Provision for (recapture of) loan losses (278 ) 126 (46 ) (188 ) (71 ) 1,275 (125 ) (24 ) 669 Charge-offs — — — — — (884 ) (3 ) — (887 ) Recoveries 5 — — 2 45 259 2 — 313 Ending balance $ 3,024 $ 888 $ 2,243 $ 399 $ 454 $ 2,261 $ 208 $ 151 $ 9,628 At December 31, 2019 One-to- Multi- Commercial Construction Home Auto and Commercial Unallocated Total (In thousands) Total ALLL $ 3,024 $ 888 $ 2,243 $ 399 $ 454 $ 2,261 $ 208 $ 151 $ 9,628 General reserve 2,993 887 2,235 399 439 2,119 203 151 9,426 Specific reserve 31 1 8 — 15 142 5 — 202 Total loans $ 306,014 $ 96,098 $ 255,722 $ 37,187 $ 35,046 $ 112,119 $ 41,571 $ — $ 883,757 General reserves (1) 303,026 95,991 253,839 37,158 34,775 111,271 41,308 — 877,368 Specific reserves (2) 2,988 107 1,883 29 271 848 263 — 6,389 (1) Loans collectively evaluated for general reserves. (2) Loans individually evaluated for specific reserves. At or For the Year Ended December 31, 2018 One-to- Multi- Commercial Construction Home Auto and Commercial Unallocated Total (In thousands) ALLL: Beginning balance $ 3,061 $ 648 $ 1,847 $ 648 $ 787 $ 712 $ 265 $ 792 $ 8,760 Provision for (recapture of) loan losses 249 114 442 (65 ) (332 ) 1,315 68 (617 ) 1,174 Charge-offs (18 ) — — — — (638 ) — — (656 ) Recoveries 5 — — 2 25 222 1 — 255 Ending balance $ 3,297 $ 762 $ 2,289 $ 585 $ 480 $ 1,611 $ 334 $ 175 $ 9,533 At December 31, 2018 One-to- Multi- Commercial Construction Home Auto and Commercial Unallocated Total (In thousands) Total ALLL $ 3,297 $ 762 $ 2,289 $ 585 $ 480 $ 1,611 $ 334 $ 175 $ 9,533 General reserve 3,262 761 2,281 584 474 1,552 168 175 9,257 Specific reserve 35 1 8 1 6 59 166 — 276 Total loans $ 336,178 $ 82,331 $ 253,235 $ 54,102 $ 37,629 $ 87,357 $ 18,898 $ — $ 869,730 General reserves (1) 333,062 82,221 251,263 54,058 37,002 87,113 18,453 — 863,172 Specific reserves (2) 3,116 110 1,972 44 627 244 445 — 6,558 (1) Loans collectively evaluated for general reserves. (2) Loans individually evaluated for specific reserves.
Schedules of impaired loans	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, 2019 December 31, 2019 Recorded Unpaid Balance Related Allowance Average Recorded Investment Interest (In thousands) With no allowance recorded: One- to four-family $ 297 $ 332 $ — $ 237 $ 11 Multi-family — — — — — Commercial real estate 1,240 1,320 — 1,271 54 Construction and land — 33 — — — Home equity 45 110 — 120 2 Auto and other consumer 251 548 — 20 18 Commercial business — — — — 4 Total 1,833 2,343 — 1,648 89 With an allowance recorded: One- to four-family 2,691 2,911 31 2,801 178 Multi-family 107 107 1 109 5 Commercial real estate 643 643 8 654 34 Construction and land 29 29 — 50 3 Home equity 226 286 15 281 19 Auto and other consumer 597 690 142 372 19 Commercial business 263 263 5 290 13 Total 4,556 4,929 202 4,557 271 Total impaired loans: One- to four-family 2,988 3,243 31 3,038 189 Multi-family 107 107 1 109 5 Commercial real estate 1,883 1,963 8 1,925 88 Construction and land 29 62 — 50 3 Home equity 271 396 15 401 21 Auto and other consumer 848 1,238 142 392 37 Commercial business 263 263 5 290 17 Total $ 6,389 $ 7,272 $ 202 $ 6,205 $ 360 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, 2018 December 31, 2018 Recorded Unpaid Balance Related Allowance Average Recorded Investment Interest (In thousands) With no allowance recorded: One- to four-family $ 306 $ 339 $ — $ 381 $ 15 Multi-family — — — — — Commercial real estate 1,308 1,374 — 1,942 47 Construction and land — 1 — 1,243 — Home equity 330 478 — 349 12 Auto and other consumer — 276 — — 14 Commercial business — 3 — — — Total 1,944 2,471 — 3,915 88 With an allowance recorded: One- to four-family 2,810 3,085 35 3,016 181 Multi-family 110 110 1 113 6 Commercial real estate 664 663 8 738 35 Construction and land 44 71 1 66 5 Home equity 297 364 6 275 22 Auto and other consumer 244 244 59 126 8 Commercial business 445 445 166 777 64 Total 4,614 4,982 276 5,111 321 Total impaired loans: One- to four-family 3,116 3,424 35 3,397 196 Multi-family 110 110 1 113 6 Commercial real estate 1,972 2,037 8 2,680 82 Construction and land 44 72 1 1,309 5 Home equity 627 842 6 624 34 Auto and other consumer 244 520 59 126 22 Commercial business 445 448 166 777 64 Total $ 6,558 $ 7,453 $ 276 $ 9,026 $ 409
Schedule of recorded investments in nonaccrual loans	The following table presents the recorded investment in nonaccrual loans by class of loan at the dates indicated: December 31, 2019 December 31, 2018 (In thousands) One- to four-family $ 698 $ 759 Commercial real estate 109 133 Construction and land 29 44 Home equity 112 369 Auto and other consumer 848 245 Commercial business loans — 173 Total nonaccrual loans $ 1,796 $ 1,723
Schedule of past due loans by class	The following table presents the recorded investment of past due loans, by class, as of December 31, 2019 : 30-59 Past Due 60-89 Past Due 90 Days Past Due Total Past Due Current Total Loans (In thousands) Real Estate: One- to four-family $ 928 $ 92 $ 116 $ 1,136 $ 304,878 $ 306,014 Multi-family — — — — 96,098 96,098 Commercial real estate — — — — 255,722 255,722 Construction and land 38 — — 38 37,149 37,187 Total real estate loans 966 92 116 1,174 693,847 695,021 Consumer: Home equity 299 24 — 323 34,723 35,046 Auto and other consumer 1,423 370 614 2,407 109,712 112,119 Total consumer loans 1,722 394 614 2,730 144,435 147,165 Commercial business loans — 115 — 115 41,456 41,571 Total loans $ 2,688 $ 601 $ 730 $ 4,019 $ 879,738 $ 883,757 The following table presents the recorded investment of past due loans, by class, as of December 31, 2018 : 30-59 Past Due 60-89 Past Due 90 Days Past Due Total Past Due Current Total Loans (In thousands) Real Estate: One- to four-family $ 289 $ 176 $ 164 $ 629 $ 335,549 $ 336,178 Multi-family — — — — 82,331 82,331 Commercial real estate — — — — 253,235 253,235 Construction and land 35 14 31 80 54,022 54,102 Total real estate loans 324 190 195 709 725,137 725,846 Consumer: Home equity 97 30 9 136 37,493 37,629 Auto and other consumer 471 92 — 563 86,794 87,357 Total consumer loans 568 122 9 699 124,287 124,986 Commercial business loans 923 — — 923 17,975 18,898 Total loans $ 1,815 $ 312 $ 204 $ 2,331 $ 867,399 $ 869,730
Schedule of loans by risk category	The following table represents the internally assigned grade as of December 31, 2019 , by class of loans: Pass Watch Special Mention Sub- Standard Total (In thousands) Real Estate: One- to four-family $ 301,312 $ 2,685 $ 1,148 $ 869 $ 306,014 Multi-family 95,694 — 107 297 96,098 Commercial real estate 251,531 97 2,800 1,294 255,722 Construction and land 35,897 1,184 77 29 37,187 Total real estate loans 684,434 3,966 4,132 2,489 695,021 Consumer: Home equity 34,260 470 89 227 35,046 Auto and other consumer 107,327 3,243 594 955 112,119 Total consumer loans 141,587 3,713 683 1,182 147,165 Commercial business loans 39,653 376 263 1,279 41,571 Total loans $ 865,674 $ 8,055 $ 5,078 $ 4,950 $ 883,757 The following table represents the internally assigned grade as of December 31, 2018 , by class of loans: Pass Watch Special Mention Sub- Standard Total (In thousands) Real Estate: One- to four-family $ 330,476 $ 3,767 $ 957 $ 978 $ 336,178 Multi-family 82,221 — 110 — 82,331 Commercial real estate 244,919 6,281 663 1,372 253,235 Construction and land 51,480 2,578 — 44 54,102 Total real estate loans 709,096 12,626 1,730 2,394 725,846 Consumer: Home equity 36,559 465 123 482 37,629 Auto and other consumer 85,579 1,310 151 317 87,357 Total consumer loans 122,138 1,775 274 799 124,986 Commercial business loans 16,520 1,733 472 173 18,898 Total loans $ 847,754 $ 16,134 $ 2,476 $ 3,366 $ 869,730 The following table represents the credit risk profile based on payment activity as of December 31, 2019 , by class of loans: Nonperforming Performing Total (In thousands) Real Estate: One- to four-family $ 698 $ 305,316 $ 306,014 Multi-family — 96,098 96,098 Commercial real estate 109 255,613 255,722 Construction and land 29 37,158 37,187 Consumer: Home equity 112 34,934 35,046 Auto and other consumer 848 111,271 112,119 Commercial business loans — 41,571 41,571 Total loans $ 1,796 $ 881,961 $ 883,757 The following table represents the credit risk profile based on payment activity as of December 31, 2018 , by class of loans: Nonperforming Performing Total (In thousands) Real Estate: One- to four-family $ 759 $ 335,419 $ 336,178 Multi-family — 82,331 82,331 Commercial real estate 133 253,102 253,235 Construction and land 44 54,058 54,102 Consumer: Home equity 369 37,260 37,629 Auto and other consumer 245 87,112 87,357 Commercial business loans 173 18,725 18,898 Total loans $ 1,723 $ 868,007 $ 869,730
Schedule of troubled debt restructured loans	The following is a summary of information pertaining to TDR loans included in impaired loans at the dates indicated: December 31, 2019 December 31, 2018 (In thousands) Total TDR loans $ 3,544 $ 3,745 Allowance for loan losses related to TDR loans 41 43 Total nonaccrual TDR loans 81 84 The following table presents newly restructured and renewals or modifications of existing TDR loans by class that occurred during the year ended December 31, 2019 , by type of concession granted: Number of Contracts Rate Modification Term Modification Combination Total Modifications (Dollars in thousands) Pre-modification outstanding recorded investment One- to four-family 1 $ — $ — $ 50 $ 50 1 $ — $ — $ 50 $ 50 Post-modification outstanding recorded investment One- to four-family 1 $ — $ — $ 51 $ 51 1 $ — $ — $ 51 $ 51 The following is a summary of TDR loans which incurred a payment default within 12 months of the restructure date during the year ended December 31, 2019 . Number of Contracts Rate Modification Term Modification Combination Total Modifications (Dollars in thousands) TDR loans that subsequently defaulted One- to four-family 2 $ — $ — $ 99 $ 99 The following table presents newly restructured and renewals or modifications of existing TDR loans by class that occurred during the year ended December 31, 2018 , by type of concession granted: Number of Contracts Rate Modification Term Modification Combination Total Modifications (Dollars in thousands) Pre-modification outstanding recorded investment One- to four-family 3 $ — $ — $ 229 $ 229 3 $ — $ — $ 229 $ 229 Post-modification outstanding recorded investment One- to four-family 3 $ — $ — $ 228 $ 228 3 $ — $ — $ 228 $ 228 The following is a summary of TDR loans which incurred a payment default within 12 months of the restructure date during the year ended December 31, 2018 . Number of Contracts Rate Modification Term Modification Combination Total Modifications (Dollars in thousands) TDR loans that subsequently defaulted One- to four-family 2 $ — $ — $ 140 $ 140 No additional funds are committed to be advanced in connection with TDR loans at December 31, 2019 . The following table presents TDR loans by class at the dates indicated by accrual and nonaccrual status. December 31, 2019 December 31, 2018 Accrual Nonaccrual Total Accrual Nonaccrual Total (In thousands) One- to four-family $ 2,290 $ 81 $ 2,371 $ 2,358 $ 84 $ 2,442 Multi-family 107 — 107 110 — 110 Commercial real estate 643 — 643 663 — 663 Home equity 160 — 160 258 — 258 Commercial business loans 263 — 263 272 — 272 Total TDR loans $ 3,463 $ 81 $ 3,544 $ 3,661 $ 84 $ 3,745

Real Estate Owned and Reposse_2

Real Estate Owned and Repossessed Assets (Tables)	12 Months Ended
	Dec. 31, 2019
Real Estate Owned and Repossessed Assets Disclosure [Abstract]
Schedule of real estate owned and repossessed assets activity	The following table presents the activity in real estate owned and repossessed assets for the periods shown: For the Year Ended December 31, 2019 2018 (In thousands) Beginning balance $ 124 $ 23 Loans transferred to foreclosed assets 412 276 Sales (376 ) (146 ) Market value adjustments (10 ) (3 ) Net gain (loss) on sales 4 (26 ) Ending balance $ 154 $ 124
Schedule of real estate owned and repossessed assets by type	The following table presents the breakout of real estate owned and repossessed assets by type as of: December 31, 2019 December 31, 2018 (In thousands) Land $ 62 $ 72 Personal property 92 52 $ 154 $ 124

Premises and Equipment (Tables)

Premises and Equipment (Tables)	12 Months Ended
	Dec. 31, 2019
Property, Plant and Equipment [Abstract]
Premises and equipment	Depreciation is recognized and computed on the straight-line method over the estimated useful lives as follows: Buildings 37.5 - 50 years Furniture, fixtures, and equipment 3 - 10 years Software 3 years Automobiles 5 years Premises and equipment consist of the following as of: December 31, 2019 December 31, 2018 (In thousands) Land $ 2,564 $ 2,560 Buildings 6,075 6,075 Building improvements 12,015 11,985 Furniture, fixtures, and equipment 7,011 7,446 Software 1,221 1,507 Automobiles 66 81 Construction in progress 136 9 29,088 29,663 Less accumulated depreciation and amortization (14,746 ) (14,408 ) $ 14,342 $ 15,255

Operating Leases (Tables)

Operating Leases (Tables)	12 Months Ended
	Dec. 31, 2019
Leases [Abstract]
Schedule of amounts related to operating lease assets	The following table presents amounts relevant to the Company's assets leased for use in its operations for the year ended December 31, 2019 : (In Thousands) Operating cash flows from operating leases 505 Right of use assets obtained in exchange for new operating lease liabilities — The following table presents the weighted-average remaining lease terms and discount rates of the Company's assets leased for use in its operations at December 31, 2019 : Weighted-average remaining lease term of operating leases (in years) 13.8 Weighted-average discount rate of operating leases 3.5%
Schedule of minimum annual lease payments under non-cancelable operating leases	The minimum annual lease payments under non-cancelable operating leases with initial or remaining terms of one year or more through the initial lease term are as follows: December 31, Twelve-month period ending: (In thousands) 2020 $ 385 2021 376 2022 304 2023 309 2024 324 Thereafter 2,947 Total minimum payments required $ 4,645 Less imputed interest 989 Present value of lease liabilities $ 3,656

Mortgage Servicing Rights (Tabl

Mortgage Servicing Rights (Tables)	12 Months Ended
	Dec. 31, 2019
Transfers and Servicing [Abstract]
Schedule of mortgage servicing rights	Mortgage servicing rights for the periods shown are as follows: For the Year Ended December 31, 2019 2018 (In thousands) Balance at beginning of period $ 1,044 $ 1,095 Additions 75 208 Amortization (251 ) (256 ) Valuation allowance 3 (3 ) Balance at end of period $ 871 $ 1,044
Schedule of assumptions for fair value of mortgage servicing rights	The key economic assumptions used in determining the fair value of mortgage servicing rights for the periods shown are as follows: For the Year Ended December 31, 2019 2018 Constant prepayment rate 11.2 % 15.4 % Weighted-average life (years) 6.3 5.5 Yield to maturity discount 9.4 % 10.5 %
Schedule of servicing fees and late fees	The following represents servicing and late fees earned in connection with mortgage servicing rights and is included in the accompanying consolidated financial statements as a component of noninterest income for the periods shown: For the Year Ended December 31, 2019 2018 (In thousands) Servicing fees $ 424 $ 454 Late fees 15 15

Deposits (Tables)

Deposits (Tables)	12 Months Ended
	Dec. 31, 2019
Banking and Thrift [Abstract]
Schedule of deposits	eposits and weighted-average interest rates at the dates indicated are as follows: December 31, 2019 December 31, 2018 Amount Weighted- Amount Weighted- (Dollars in thousands) Savings $ 168,983 0.86% $ 143,412 0.74% Transaction accounts 276,496 0.03% 262,152 0.05% Money market accounts 248,086 0.46% 273,344 0.43% Certificates of deposit and jumbo certificates 308,080 1.85% 261,352 1.86% $ 1,001,645 0.84% $ 940,260 0.77%
Schedule of maturities of time deposits	Maturities of certificates at the dates indicated are as follows: December 31, 2019 (In thousands) Within one year or less $ 241,127 After one year through two years 42,274 After two years through three years 11,167 After three years through four years 6,593 After four years through five years 6,919 After five years — $ 308,080
Schedule of interest on deposits	Interest on deposits by type for the periods shown was as follows: For the Year Ended December 31, 2019 2018 (In thousands) Savings $ 1,478 $ 369 Transaction accounts 118 74 Money market accounts 1,285 1,142 Certificates of deposit and jumbo certificates 5,423 3,765 $ 8,304 $ 5,350

Borrowings (Tables)

Borrowings (Tables)	12 Months Ended
	Dec. 31, 2019
Debt Disclosure [Abstract]
Schedule of Federal Home Loan Bank maturities	FHLB advances outstanding by type of advance were as follows: December 31, 2019 December 31, 2018 (In thousands) Long-term advances $ 50,000 $ 60,000 Short-term fixed-rate advances 45,000 25,000 Overnight variable-rate advances 17,930 51,552 The maximum and average outstanding balances and average interest rates on overnight variable-rate advances were as follows: For the Year Ended December 31, 2019 2018 (Dollars in thousands) Maximum outstanding at any month-end $ 90,889 $ 110,723 Monthly average outstanding 53,156 47,049 Weighted-average daily interest rates Annual 2.33 % 2.10 % Period End 1.80 % 2.58 % Interest expense during the period 1,224 933 The maximum and average outstanding balances and average interest rates on short-term, fixed-rate advances were as follows: For the Year Ended December 31, 2019 2018 (Dollars in thousands) Maximum outstanding at any month-end $ 45,000 $ 72,600 Monthly average outstanding 3,750 27,658 Weighted-average daily interest rates Annual 2.33 % 1.76 % Period End 1.79 % 2.48 % Interest expense during the period 12 626 The amounts by year of maturity and weighted-average interest rate of FHLB long-term, fixed-rate advances are as follows: December 31, 2019 December 31, 2018 Weighted-Average Interest Rate Amount Weighted-Average Interest Rate Amount (Dollars in thousands) Within one year or less 3.78% $ 30,000 2.71% $ 15,000 After one year through two years — — 3.78 25,000 After two years through three years 1.79 10,000 3.81 20,000 After three years through four years 1.80 5,000 — — After four years through five years 1.80 5,000 — — After five years — — — — $ 50,000 $ 60,000 The maximum and average outstanding balances and average interest rates on FHLB long-term, fixed-rate advances were as follows: For the Year Ended December 31, 2019 2018 (Dollars in thousands) Maximum outstanding at any month-end $ 65,000 $ 60,000 Monthly average outstanding 56,250 60,000 Weighted-average interest rates Annual 3.34 % 3.52 % Period End 2.98 % 3.52 % Interest expense during the period 1,908 2,104

Federal Taxes on Income (Tables

Federal Taxes on Income (Tables)	12 Months Ended
	Dec. 31, 2019
Income Tax Disclosure [Abstract]
Income tax provision (benefit) summary	The provision (benefit) for income taxes for the periods shown is summarized as follows: For the Year Ended December 31, 2019 2018 (In thousands) Current $ 1,764 $ 1,927 Deferred 313 (352 ) $ 2,077 $ 1,575
Income tax provision (benefit) reconciliation	A reconciliation of the tax provision (benefit) based on statutory corporate tax rates, estimated to be 21% for the year ended December 31, 2019 , on pre-tax income and the provision (benefit) shown in the accompanying consolidated statements of income for the periods shown is summarized as follows: For the Year Ended December 31, 2019 2018 (In thousands) Income taxes computed at statutory rates $ 2,329 $ 1,823 Tax-exempt income (83 ) (84 ) Bank-owned life insurance income (149 ) (125 ) Deferred tax asset valuation allowance (1,224 ) (1 ) Expiration of contribution carryforward 1,224 — Other, net (20 ) (38 ) $ 2,077 $ 1,575
Net deferred tax assets and liabilities	The components of net deferred tax assets and liabilities at the periods shown are summarized as follows: December 31, 2019 December 31, 2018 (In thousands) Deferred tax assets Allowance for loan losses $ 2,064 $ 2,049 Unrealized loss on securities available for sale 409 1,264 Accrued compensation 487 397 Nonaccrual loans 6 4 ESOP timing differences 143 195 Restricted stock awards 107 134 Contribution carryforward — 1,515 Deferred lease liability 768 — Total deferred tax assets 3,984 5,558 Deferred tax liabilities Deferred loan fees 443 436 FHLB stock dividends 425 488 Accumulated depreciation 691 734 Deferred investment gain 34 14 Right of use asset 745 — Other, net 175 23 Total deferred tax liabilities 2,513 1,695 Deferred tax asset, net 1,471 3,863 Deferred tax asset valuation allowance — (1,224 ) Deferred tax asset, net of valuation allowance $ 1,471 $ 2,639

Benefit Plans (Tables)

Benefit Plans (Tables)	12 Months Ended
	Dec. 31, 2019
Compensation Related Costs [Abstract]
Summary of Multi-Employer Defined Benefit Plan	The table below presents the funded status (market value of plan assets divided by funding target) of the plan as of July 1: 2019 2018 Source Valuation Report Valuation Report Our plan 111.9% 112.5% There was no change to the funded status of the plan as of December 31, 2019 . First Federal’s contributions to the Pentegra DB Plan are not more than 5% of the total contributions to the Pentegra DB Plan. First Federal’s policy is to fund pension costs as accrued. Total contributions during the periods shown were: Year Ended Year Ended December 31, 2019 December 31, 2018 Date Paid Amount Date Paid Amount (In thousands) 12/20/2019 $ 302 12/31/2018 $ 386
Summary of Employee Stock Ownership (ESOP)	Shares issued to the ESOP as of the dates indicated are as follows: December 31, 2019 December 31, 2018 (Dollars in thousands) Allocated shares 253,987 201,026 Unallocated shares 794,042 847,003 Total ESOP shares issued 1,048,029 1,048,029 Fair value of unallocated shares $ 14,396 $ 12,561
Schedule of Share-based Compensation, Restricted Stock Units Award Activity	The following tables provide a summary of changes in non-vested restricted stock awards for the periods shown: For the Year Ended December 31, 2019 Weighted-Average Grant Date Shares Fair Value Non-vested at January 1, 2019 290,600 $ 13.72 Granted 64,900 17.19 Vested (65,758 ) 13.43 Canceled (1) (18,442 ) 13.43 Forfeited (7,000 ) 16.07 Non-vested at December 31, 2019 264,300 14.60 (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 tax obligation of the vested shares. The surrendered shares are canceled and are unavailable for reissue.

Regulatory Capital Requiremen_2

Regulatory Capital Requirements (Tables)	12 Months Ended
	Dec. 31, 2019
Banking and Thrift [Abstract]
Schedule of compliance with regulatory capital requirements	Actual and required capital amounts and ratios are presented for First Federal in the following table: Actual For Capital Adequacy Purposes To Be Categorized Action Provision Amount Ratio Amount Ratio Amount Ratio (Dollars in thousands) As of December 31, 2019 Common equity tier 1 capital $ 149,223 17.54 % $ 38,275 4.50 % $ 55,286 6.50 % Tier 1 risk-based capital 149,223 17.54 51,034 6.00 68,045 8.00 Total risk-based capital 159,058 18.70 68,045 8.00 85,056 10.00 Tier 1 leverage capital 149,223 12.16 49,103 4.00 61,379 5.00 As of December 31, 2018 Common equity tier 1 capital $ 142,018 17.04 % $ 37,501 4.50 % $ 54,169 6.50 % Tier 1 risk-based capital 142,018 17.04 50,002 6.00 66,669 8.00 Total risk-based capital 151,781 18.21 66,669 8.00 83,336 10.00 Tier 1 leverage capital 142,018 11.47 49,509 4.00 61,887 5.00

Related Party Transactions (Tab

Related Party Transactions (Tables)	12 Months Ended
	Dec. 31, 2019
Related Party Transactions [Abstract]
Schedule of related party activity	The following table presents the activity in loans to directors and executive officers for the periods shown: For the Year Ended December 31, 2019 2018 (In thousands) Beginning balance $ 923 $ 1,042 Loan advances 1 3 Loan repayments (235 ) (122 ) Reclassifications 1 — — Ending balance $ 689 $ 923 1 Represents loans that were once considered related party but are no longer considered related party or loans that were not related party that subsequently became related party loans.

Commitments and Contingencies (

Commitments and Contingencies (Tables)	12 Months Ended
	Dec. 31, 2019
Commitments and Contingencies Disclosure [Abstract]
Schedule of financial instruments whose contract amounts represent credit risk	The following financial instruments were outstanding whose contract amounts represent credit risk at: December 31, 2019 December 31, 2018 (In thousands) Commitments to grant loans $ 101 $ 625 Standby letters of credit 182 223 Unfunded commitments under lines of credit or existing loans 88,225 98,847

Fair Value Accounting and Mea_2

Fair Value Accounting and Measurement (Tables)	12 Months Ended
	Dec. 31, 2019
Fair Value Disclosures [Abstract]
Schedule of assets and liabilities measured at fair value on a recurring basis	The following tables show the Company’s assets and liabilities measured at fair value on a recurring basis at the dates indicated: December 31, 2019 Quoted Prices in or Liabilities Significant Inputs Significant Inputs (Level 1) (Level 2) (Level 3) Total (In thousands) Securities available for sale Municipal bonds $ — $ 39,282 $ — $ 39,282 ABS agency — 28,858 — 28,858 ABS corporate — 40,855 — 40,855 SBA — 9,643 — 9,643 Corporate debt — 28,459 — 28,459 MBS agency — 160,167 — 160,167 MBS corporate — 8,316 — 8,316 $ — $ 315,580 $ — $ 315,580 December 31, 2018 Quoted Prices in Significant Significant (Level 1) (Level 2) (Level 3) Total (In thousands) Securities available for sale Municipal bonds $ — $ 869 $ — $ 869 ABS agency — 25,752 — 25,752 ABS corporate — 36,723 — 36,723 SBA — 9,888 — 9,888 Corporate debt — 35,670 — 35,670 MBS agency — 143,455 — 143,455 MBS corporate — 10,610 — 10,610 $ — $ 262,967 $ — $ 262,967
Schedule of assets measured at fair value on a nonrecurring basis	The following tables present the Company’s assets measured at fair value on a nonrecurring basis at the dates indicated: December 31, 2019 Level 1 Level 2 Level 3 Total (In thousands) Impaired loans $ — $ — $ 6,389 $ 6,389 Real estate owned and repossessed assets — — 154 154 $ — $ — $ 6,543 $ 6,543 December 31, 2018 Level 1 Level 2 Level 3 Total (In thousands) Impaired loans $ — $ — $ 6,558 $ 6,558 Real estate owned and repossessed assets — — 124 124 $ — $ — $ 6,682 $ 6,682
Schedule of valuation techniques to value assets measured at fair value	The following tables present the techniques used to value assets measured at fair value on a nonrecurring basis at the dates indicated: December 31, 2019 Fair Value Valuation Technique Unobservable Input Range (Weighted-Average) 1 (In thousands) Real estate owned and repossessed assets $ 154 Market comparable Discount to appraisal 0% - 10% (5%) 1 Discount to appraisal disposition value. December 31, 2018 Fair Value Valuation Technique Unobservable Input Range 1 (In thousands) Real estate owned and repossessed assets 124 Market comparable Discount to appraisal 0% - 10% (5%) 1 Discount to appraisal disposition value.
Schedule of the carrying value and estimated fair value of financial instruments	The following tables present the carrying value and estimated fair value of financial instruments at the dates indicated: December 31, 2019 Carrying Amount Estimated Fair Value Fair Value Measurements Using: Level 1 Level 2 Level 3 (In thousands) Financial assets Cash and cash equivalents $ 48,739 $ 48,739 $ 48,739 $ — $ — Investment securities available for sale 315,580 315,580 — 315,580 — Loans held for sale 503 503 — 503 — Loans receivable, net 878,437 858,101 — — 858,101 FHLB stock 6,034 6,034 — 6,034 — Accrued interest receivable 3,931 3,931 — 3,931 — Mortgage servicing rights, net 871 1,486 — — 1,486 Financial liabilities Demand deposits $ 693,565 $ 693,565 $ 693,565 $ — $ — Time deposits 308,080 308,819 — 308,819 — Borrowings 112,930 113,076 — 113,076 — Accrued interest payable 373 373 — 373 — December 31, 2018 Carrying Amount Estimated Fair Value Fair Value Measurements Using: Level 1 Level 2 Level 3 (In thousands) Financial assets Cash and cash equivalents $ 26,323 $ 26,323 $ 26,323 $ — $ — Investment securities available for sale 262,967 262,967 — 262,967 — Investment securities held to maturity 43,503 42,990 — 42,990 — Loans receivable, net 863,852 840,861 — — 840,861 FHLB stock 6,927 6,927 — 6,927 — Accrued interest receivable 4,048 4,048 — 4,048 — Mortgage servicing rights, net 1,044 1,479 — — 1,479 Financial liabilities Demand deposits $ 678,908 $ 678,908 $ 678,908 $ — $ — Time deposits 261,352 259,549 — 259,549 — Borrowings 136,552 137,153 — 137,153 — Accrued interest payable 521 521 — 521 —

Earnings per Share (Tables)

Earnings per Share (Tables)	12 Months Ended
	Dec. 31, 2019
Earnings Per Share [Abstract]
Schedule of earnings per share	The following table presents a reconciliation of the components used to compute basic and diluted earnings per share for the periods shown. For the Year Ended December 31, 2019 2018 (In thousands, except share data) Numerator: Net income $ 9,014 $ 7,105 Denominator: Basic weighted average common shares outstanding 9,845,021 10,331,902 Dilutive restricted stock grants 78,089 102,535 Diluted weighted average common shares outstanding 9,923,110 10,434,437 Basic earnings $ 0.92 $ 0.69 Diluted earnings $ 0.91 $ 0.68

Noninterest Income (Tables)

Noninterest Income (Tables)	12 Months Ended
	Dec. 31, 2019
Revenue from Contract with Customer [Abstract]
Schedule of Noninterest Income	The Company has included the following table regarding the Company’s noninterest income for the periods presented. Year Ended December 31, 2019 2018 Noninterest income: Loan fees (1) $ 347 $ 807 Deposit fees 1,833 1,671 Debit interchange income 124 137 Credit card interchange income 1,765 1,740 Gain on loan sales, net (1) 1,077 577 Investment securities gain (loss), net (1) 836 77 Increase in cash surrender value of BOLI (1) 708 595 Other income: Investment services revenue 229 226 Gain or loss on subsidiary (1) 68 68 Remaining other income 25 21 Total other income 322 315 Total noninterest income $ 7,012 $ 5,919 (1) Not within scope of Topic 606

Parent Company Only Financial_2

Parent Company Only Financial Statements (Tables)	12 Months Ended
	Dec. 31, 2019
Condensed Financial Information Disclosure [Abstract]
Condensed Balance Sheet	FIRST NORTHWEST BANCORP Condensed Balance Sheets (In thousands) December 31, 2019 December 31, 2018 ASSETS Cash and due from banks $ 5,989 $ 8,508 Investment securities available for sale, at fair value 11,684 14,189 Investment in bank 147,744 137,657 ESOP loan receivable 10,740 11,300 Accrued interest receivable 190 212 Prepaid expenses and other assets 704 534 Total assets $ 177,051 $ 172,400 LIABILITIES AND SHAREHOLDERS' EQUITY Payable to subsidiary $ 177 $ 96 Other liabilities 23 40 Total liabilities 200 136 Shareholders' equity 176,851 172,264 Total liabilities and shareholders' equity $ 177,051 $ 172,400
Condensed Statement of Operations	FIRST NORTHWEST BANCORP Condensed Statements of Income (In thousands) For the Year Ended December 31, 2019 2018 Operating income: Interest and fees on loans receivable $ 268 $ 282 Interest on mortgage-backed and related securities 134 209 Interest on investment securities 130 163 Gain (loss) on sale of securities — (59 ) Total operating income 532 595 Operating expenses: Other expenses 892 922 Total operating expenses 892 922 Loss before benefit for income taxes and equity in undistributed earnings of subsidiary (360 ) (327 ) Benefit for income taxes (104 ) (89 ) Loss before equity in undistributed earnings of subsidiary (256 ) (238 ) Equity in undistributed earnings of subsidiary 13,270 17,343 Net income $ 13,014 $ 17,105
Condensed Statement of Cash Flows	FIRST NORTHWEST BANCORP Condensed Statement of Cash Flows (In thousands) For the Year Ended December 31, 2019 2018 Cash flows from operating activities: Net income $ 13,014 $ 17,105 Adjustments to reconcile net income to net cash from operating activities: Equity in undistributed earnings of subsidiary (13,270 ) (17,343 ) Dividend received from subsidiary 4,000 10,000 Amortization of premiums and accretion of discounts on investments, net 81 89 Gain (loss) on sale of securities available for sale — 59 Change in payable to subsidiary 81 39 Change in other assets (227 ) (48 ) Change in other liabilities (17 ) 2 Net cash from operating activities 3,662 9,903 Cash flows from investing activities: Proceeds from maturities, calls, and principal repayments of securities available for sale 2,808 3,191 Proceeds from sales of securities available for sale — 1,979 ESOP loan repayment 560 546 Net cash from investing activities 3,368 5,716 Cash flows from financing activities: Repurchase of common stock (8,135 ) (10,317 ) Dividends paid (1,414 ) (335 ) Net cash from financing activities (9,549 ) (10,652 ) Net (decrease) increase in cash (2,519 ) 4,967 Cash and cash equivalents at beginning of period 8,508 3,541 Cash and cash equivalents at end of period $ 5,989 $ 8,508 NONCASH INVESTING ACTIVITIES Unrealized gain (loss) on securities available for sale $ 384 $ (104 )

Summary of Significant Accoun_4

Summary of Significant Accounting Policies - Narrative (Details) - USD ($)	Jan. 29, 2015	Jun. 30, 2015	Dec. 31, 2019	Jan. 01, 2019	Dec. 31, 2018	Jun. 30, 2017	Dec. 15, 2015	Jun. 30, 2014
Subsidiary, Sale of Stock [Line Items]
Number of shares issued in transaction	13,100,360
Proceeds from initial public offering	$ 117,600,000
Capital contribution to subsidiary	$ 58,400,000
Retained earnings			$ 86,156,000		$ 81,607,000			$ 79,700,000
Employee stock ownership plan (ESOP), percentage of shares to be purchased	8.00%		8.00%
Employee stock ownership plan (ESOP), number of shares to be purchased	1,048,029
Employee stock ownership plan (ESOP), total shares (in shares)			1,048,029		1,048,029		1,048,029
Employee stock ownership plan (ESOP), percentage of shares purchased							100.00%
Employee stock ownership plan (ESOP), number of allocated shares (in shares)			253,987		201,026
Federal Reserve Bank, minimum reserve balance requirement			$ 10,800,000		$ 9,100,000
Trading securities			0		$ 0	$ 0
Operating leases, right-of-use asset			4,600,000
Operating lease liability			$ 3,656,000
Accounting Standards Update 2016-02
Subsidiary, Sale of Stock [Line Items]
Operating leases, right-of-use asset				$ 3,900,000
Operating lease liability				$ 3,900,000
Contributions to charitable organization
Subsidiary, Sale of Stock [Line Items]
Value of charitable consideration, cash portion	$ 400,000	$ 400,000
Initial public offering
Subsidiary, Sale of Stock [Line Items]
Number of shares issued in transaction	12,167,000
Stock offering price per share (in usd per share)	$ 10
Proceeds from issuance of common stock, net of expenses	$ 121,700,000
Secondary offering | Contributions to charitable organization
Subsidiary, Sale of Stock [Line Items]
Number of shares issued in transaction	933,360

Summary of Significant Accoun_5

Summary of Significant Accounting Policies - Federal Home Loan Bank stock (Details) - USD ($)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
OTTI losses, FHLB stock	$ 0	$ 0
Federal Home Loan Bank of Des Moines | Common equity tier 1 capital
Federal Home Loan Bank, Advances, Branch of FHLB Bank [Line Items]
Federal Home Loan Bank stock, minimum investment requirement	6,000,000	6,900,000
OTTI losses, FHLB stock	$ 0	$ 0

Summary of Significant Accoun_6

Summary of Significant Accounting Policies - Premises and Equipment (Details)	12 Months Ended
	Dec. 31, 2019
Buildings | Minimum
Property, Plant and Equipment [Line Items]
Useful life (in years)	37 years 6 months
Buildings | Maximum
Property, Plant and Equipment [Line Items]
Useful life (in years)	50 years
Furniture, fixtures, and equipment | Minimum
Property, Plant and Equipment [Line Items]
Useful life (in years)	3 years
Furniture, fixtures, and equipment | Maximum
Property, Plant and Equipment [Line Items]
Useful life (in years)	10 years
Software
Property, Plant and Equipment [Line Items]
Useful life (in years)	3 years
Automobiles
Property, Plant and Equipment [Line Items]
Useful life (in years)	5 years

Summary of Significant Accoun_7

Summary of Significant Accounting Policies - Mortgage Loans (Details) - Common equity tier 1 capital - Life of the loan recourse provisions $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)loan	Dec. 31, 2018USD ($)loan
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Remaining balance of mortgage loans	$ 5,000	$ 5,600
Number of mortgage loans repurchased during period (loans) | loan	0	0
Accrued expenses and other liabilities
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Allowance associated with mortgage loans	$ 19	$ 19

Securities - Amortized Cost, Gr

Securities - Amortized Cost, Gross Unrealized Gains and Losses, and Estimated Fair Value of Securities (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Available for Sale
Amortized Cost	$ 317,528	$ 268,984
Gross Unrealized Gains	1,008	133
Gross Unrealized Losses	(2,956)	(6,150)
Estimated Fair Value	315,580	262,967
Held to Maturity
Amortized Cost		43,503
Gross Unrealized Gains		83
Gross Unrealized Losses		(596)
Estimated Fair Value		42,990
Investment Securities
Available for Sale
Amortized Cost	149,457	110,826
Gross Unrealized Gains	197	121
Gross Unrealized Losses	(2,557)	(2,045)
Estimated Fair Value	147,097	108,902
Held to Maturity
Amortized Cost		12,221
Gross Unrealized Gains		43
Gross Unrealized Losses		(1)
Estimated Fair Value		12,263
Investment Securities | Municipal bonds
Available for Sale
Amortized Cost	39,524	882
Gross Unrealized Gains	125	0
Gross Unrealized Losses	(367)	(13)
Estimated Fair Value	39,282	869
Held to Maturity
Amortized Cost		11,919
Gross Unrealized Gains		43
Gross Unrealized Losses		0
Estimated Fair Value		11,962
Investment Securities | U.S. government agency issued asset-backed securities (ABS agency)
Available for Sale
Amortized Cost	29,796
Gross Unrealized Gains	0
Gross Unrealized Losses	(938)
Estimated Fair Value	28,858
Investment Securities | Corporate issued asset-backed securities (ABS corporate)
Available for Sale
Amortized Cost	41,728	37,897
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(873)	(1,174)
Estimated Fair Value	40,855	36,723
Investment Securities | ABS agency
Available for Sale
Amortized Cost		26,125
Gross Unrealized Gains		0
Gross Unrealized Losses		(373)
Estimated Fair Value		25,752
Investment Securities | Corporate issued debt securities (Corporate debt)
Available for Sale
Amortized Cost	9,986	9,986
Gross Unrealized Gains	0	98
Gross Unrealized Losses	(343)	(196)
Estimated Fair Value	9,643	9,888
Investment Securities | U.S. Small Business Administration securities (SBA)
Available for Sale
Amortized Cost	28,423	35,936
Gross Unrealized Gains	72	23
Gross Unrealized Losses	(36)	(289)
Estimated Fair Value	28,459	35,670
Held to Maturity
Amortized Cost		302
Gross Unrealized Gains		0
Gross Unrealized Losses		(1)
Estimated Fair Value		301
Mortgage-Backed Securities
Available for Sale
Amortized Cost	168,071	158,158
Gross Unrealized Gains	811	12
Gross Unrealized Losses	(399)	(4,105)
Estimated Fair Value	168,483	154,065
Held to Maturity
Estimated Fair Value		30,727
Mortgage-Backed Securities | U.S. government agency issued mortgage-backed securities (MBS agency)
Available for Sale
Amortized Cost	159,697	147,205
Gross Unrealized Gains	811	12
Gross Unrealized Losses	(341)	(3,762)
Estimated Fair Value	160,167	143,455
Held to Maturity
Amortized Cost		31,282
Gross Unrealized Gains		40
Gross Unrealized Losses		(595)
Estimated Fair Value		30,727
Mortgage-Backed Securities | Corporate issued mortgage-backed securities (MBS corporate)
Available for Sale
Amortized Cost	8,374	10,953
Gross Unrealized Gains	0	0
Gross Unrealized Losses	(58)	(343)
Estimated Fair Value	$ 8,316	$ 10,610

Securities - Securities in a Co

Securities - Securities in a Continuous Unrealized Gross Loss Position (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Available for Sale, Gross Unrealized Losses
Total, Gross Unrealized Losses	$ (3,000)	$ (6,700)
Available for Sale, Fair Value
Total, Fair Value	198,800	268,500
Investment Securities
Available for Sale, Gross Unrealized Losses
Less Than Twelve Months, Gross Unrealized Losses	(474)	(925)
Twelve Months or Longer, Gross Unrealized Losses	(2,083)	(1,120)
Total, Gross Unrealized Losses	(2,557)	(2,045)
Available for Sale, Fair Value
Less Than Twelve Months, Fair Value	42,614	51,970
Twelve Months or Longer, Fair Value	81,703	42,652
Total, Fair Value	124,317	94,622
Investment Securities | Municipal bonds
Available for Sale, Gross Unrealized Losses
Less Than Twelve Months, Gross Unrealized Losses	(367)	(8)
Twelve Months or Longer, Gross Unrealized Losses	0	(5)
Total, Gross Unrealized Losses	(367)	(13)
Available for Sale, Fair Value
Less Than Twelve Months, Fair Value	29,928	757
Twelve Months or Longer, Fair Value	0	110
Total, Fair Value	29,928	867
Investment Securities | ABS agency
Available for Sale, Gross Unrealized Losses
Less Than Twelve Months, Gross Unrealized Losses	(59)	(302)
Twelve Months or Longer, Gross Unrealized Losses	(879)	(71)
Total, Gross Unrealized Losses	(938)	(373)
Available for Sale, Fair Value
Less Than Twelve Months, Fair Value	3,855	23,286
Twelve Months or Longer, Fair Value	25,002	2,466
Total, Fair Value	28,857	25,752
Investment Securities | ABS corporate
Available for Sale, Gross Unrealized Losses
Less Than Twelve Months, Gross Unrealized Losses	(31)	(571)
Twelve Months or Longer, Gross Unrealized Losses	(842)	(603)
Total, Gross Unrealized Losses	(873)	(1,174)
Available for Sale, Fair Value
Less Than Twelve Months, Fair Value	3,848	14,527
Twelve Months or Longer, Fair Value	37,007	22,196
Total, Fair Value	40,855	36,723
Investment Securities | Corporate debt
Available for Sale, Gross Unrealized Losses
Less Than Twelve Months, Gross Unrealized Losses	(17)	0
Twelve Months or Longer, Gross Unrealized Losses	(326)	(196)
Total, Gross Unrealized Losses	(343)	(196)
Available for Sale, Fair Value
Less Than Twelve Months, Fair Value	4,983	0
Twelve Months or Longer, Fair Value	4,660	4,791
Total, Fair Value	9,643	4,791
Investment Securities | SBA
Available for Sale, Gross Unrealized Losses
Less Than Twelve Months, Gross Unrealized Losses	0	(44)
Twelve Months or Longer, Gross Unrealized Losses	(36)	(245)
Total, Gross Unrealized Losses	(36)	(289)
Available for Sale, Fair Value
Less Than Twelve Months, Fair Value	0	13,400
Twelve Months or Longer, Fair Value	15,034	13,089
Total, Fair Value	15,034	26,489
Held to Maturity, Gross Unrealized Losses
Less Than Twelve Months, Gross Unrealized Losses		(1)
Twelve Months or Longer, Gross Unrealized Losses		0
Total, Gross Unrealized Losses		(1)
Held to Maturity, Fair Value
Less Than Twelve Months, Fair Value		0
Twelve Months or Longer, Fair Value		301
Total, Fair Value		301
Mortgage-Backed Securities
Available for Sale, Gross Unrealized Losses
Less Than Twelve Months, Gross Unrealized Losses	(166)	(28)
Twelve Months or Longer, Gross Unrealized Losses	(233)	(4,077)
Total, Gross Unrealized Losses	(399)	(4,105)
Available for Sale, Fair Value
Less Than Twelve Months, Fair Value	18,744	17,996
Twelve Months or Longer, Fair Value	55,779	131,227
Total, Fair Value	74,523	149,223
Mortgage-Backed Securities | MBS agency
Available for Sale, Gross Unrealized Losses
Less Than Twelve Months, Gross Unrealized Losses	(166)	(28)
Twelve Months or Longer, Gross Unrealized Losses	(175)	(3,734)
Total, Gross Unrealized Losses	(341)	(3,762)
Available for Sale, Fair Value
Less Than Twelve Months, Fair Value	18,744	17,996
Twelve Months or Longer, Fair Value	47,463	120,617
Total, Fair Value	66,207	138,613
Held to Maturity, Gross Unrealized Losses
Less Than Twelve Months, Gross Unrealized Losses		(70)
Twelve Months or Longer, Gross Unrealized Losses		(525)
Total, Gross Unrealized Losses		(595)
Held to Maturity, Fair Value
Less Than Twelve Months, Fair Value		6,241
Twelve Months or Longer, Fair Value		18,073
Total, Fair Value		24,314
Mortgage-Backed Securities | MBS corporate
Available for Sale, Gross Unrealized Losses
Less Than Twelve Months, Gross Unrealized Losses	0	0
Twelve Months or Longer, Gross Unrealized Losses	(58)	(343)
Total, Gross Unrealized Losses	(58)	(343)
Available for Sale, Fair Value
Less Than Twelve Months, Fair Value	0	0
Twelve Months or Longer, Fair Value	8,316	10,610
Total, Fair Value	$ 8,316	$ 10,610

Securities - Narrative (Details

Securities - Narrative (Details)	12 Months Ended
	Dec. 31, 2019USD ($)security	Dec. 31, 2018USD ($)security
Investments, Debt and Equity Securities [Abstract]
Number of securities in an unrealized loss position | security	62	69
Unrealized losses	$ (3,000,000)	$ (6,700,000)
Unrealized losses, fair value	198,800,000	268,500,000
OTTI losses	0	0
Amortized cost of securities transferred from held to maturity to available for sale	37,600,000
Proceeds from sales of securities held to maturity	$ 0	2,702,000
Gross realized gains on sales of held-to-maturity securities		32,000
Gross realized losses on sales of held-to-maturity securities		$ 5,000

Securities - Amortized Cost and

Securities - Amortized Cost and Estimated Fair Value by Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Available for Sale, Amortized Cost
Amortized Cost	$ 317,528	$ 268,984
Available for Sale, Estimated Fair Value
Total	315,580	262,967
Held to Maturity, Amortized Cost
Total		43,503
Held to Maturity, Estimated Fair Value
Total		42,990
Mortgage-Backed Securities
Available for Sale, Amortized Cost
Due within one year	0	0
Due after one through five years	13,360	7,204
Due after five through ten years	6,261	11,862
Due after ten years	148,450	139,092
Amortized Cost	168,071	158,158
Available for Sale, Estimated Fair Value
Due within one year	0	0
Due after one through five years	13,391	7,089
Due after five through ten years	6,257	11,637
Due after ten years	148,835	135,339
Total	168,483	154,065
Held to Maturity, Amortized Cost
Due within one year		0
Due after one through five years		578
Due after five through ten years		2,035
Due after ten years		28,669
Total		31,282
Held to Maturity, Estimated Fair Value
Due within one year		0
Due after one through five years		569
Due after five through ten years		1,978
Due after ten years		28,180
Total		30,727
Investment Securities
Available for Sale, Amortized Cost
Due within one year	0	0
Due after one through five years	2,043	0
Due after five through ten years	58,460	19,564
Due after ten years	88,954	91,262
Amortized Cost	149,457	110,826
Available for Sale, Estimated Fair Value
Due within one year	0	0
Due after one through five years	2,084	0
Due after five through ten years	57,680	19,362
Due after ten years	87,333	89,540
Total	$ 147,097	108,902
Held to Maturity, Amortized Cost
Due within one year		0
Due after one through five years		734
Due after five through ten years		6,728
Due after ten years		4,759
Total		12,221
Held to Maturity, Estimated Fair Value
Due within one year		0
Due after one through five years		741
Due after five through ten years		6,743
Due after ten years		4,779
Total		$ 12,263

Securities - Sale of Available-

Securities - Sale of Available-for-sale Securities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Investments, Debt and Equity Securities [Abstract]
Proceeds	$ 16,545	$ 56,683
Gross gains	836	233
Gross losses	$ 0	$ (183)

Loans Receivable - Balance of L

Loans Receivable - Balance of Loans Receivable (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	$ 883,757	$ 869,730
Net deferred loan fees	206	292
Premium on purchased loans, net	(4,514)	(3,947)
Allowance for loan losses	9,628	9,533	$ 8,760
Total loans receivable, net	878,437	863,852
Residential segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	695,021	725,846
Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	147,165	124,986
Commercial business
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	41,571	18,898
Allowance for loan losses	208	334	265
Real estate loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	730,200	767,600
Commercial real estate | Residential segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	255,722	253,235
Allowance for loan losses	2,243	2,289	1,847
Construction and land | Residential segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	37,187	54,102
Allowance for loan losses	399	585	648
Home equity | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	35,046	37,629
Allowance for loan losses	454	480	787
Auto and other consumer | Consumer
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	112,119	87,357
Allowance for loan losses	2,261	1,611	712
One- to four-family | Real estate loans | Residential segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	306,014	336,178
Allowance for loan losses	3,024	3,297	3,061
Multi-family | Real estate loans | Residential segment
Accounts, Notes, Loans and Financing Receivable [Line Items]
Loans	96,098	82,331
Allowance for loan losses	$ 888	$ 762	$ 648

Loans Receivable - Loans by Ear

Loans Receivable - Loans by Earlier of Repricing Date or Maturity (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Accounts, Notes, Loans and Financing Receivable [Line Items]
Total	$ 883,757	$ 869,730
Adjustable-rate loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Due within one year	99,494	84,284
After one but within five years	238,244	263,118
After five but within ten years	53,142	59,922
After ten years	5,054	5,202
Total	395,934	412,526
Fixed-rate loans
Accounts, Notes, Loans and Financing Receivable [Line Items]
Due within one year	37,110	1,698
After one but within five years	67,786	83,407
After five but within ten years	124,683	120,094
After ten years	258,244	252,005
Total	$ 487,823	$ 457,204

Loans Receivable - Allowance fo

Loans Receivable - Allowance for Loan Losses (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Dec. 31, 2018
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	$ 9,533	$ 8,760
Provision for (recapture of) loan losses	669	1,174
Charge-offs	(887)	(656)
Recoveries	313	255
Ending balance	9,628	9,533
Total ALLL	9,628	9,533	$ 9,628	$ 9,533
General reserve			9,426	9,257
Specific reserve			202	276
Total loans			883,757	869,730
General reserves			877,368	863,172
Specific reserves			6,389	6,558
Residential segment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Total loans			695,021	725,846
Consumer
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Total loans			147,165	124,986
Commercial business
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	334	265
Provision for (recapture of) loan losses	(125)	68
Charge-offs	(3)	0
Recoveries	2	1
Ending balance	208	334
Total ALLL	208	334	208	334
General reserve			203	168
Specific reserve			5	166
Total loans			41,571	18,898
General reserves			41,308	18,453
Specific reserves			263	445
Unallocated
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	175	792
Provision for (recapture of) loan losses	(24)	(617)
Charge-offs	0	0
Recoveries	0	0
Ending balance	151	175
Total ALLL	151	175	151	175
General reserve			151	175
Specific reserve			0	0
Total loans			0	0
General reserves			0	0
Specific reserves			0	0
Real estate loans
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Total loans			730,200	767,600
Real estate loans | One- to four-family | Residential segment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	3,297	3,061
Provision for (recapture of) loan losses	(278)	249
Charge-offs	0	(18)
Recoveries	5	5
Ending balance	3,024	3,297
Total ALLL	3,024	3,297	3,024	3,297
General reserve			2,993	3,262
Specific reserve			31	35
Total loans			306,014	336,178
General reserves			303,026	333,062
Specific reserves			2,988	3,116
Real estate loans | Multi-family | Residential segment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	762	648
Provision for (recapture of) loan losses	126	114
Charge-offs	0	0
Recoveries	0	0
Ending balance	888	762
Total ALLL	888	762	888	762
General reserve			887	761
Specific reserve			1	1
Total loans			96,098	82,331
General reserves			95,991	82,221
Specific reserves			107	110
Commercial real estate | Residential segment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	2,289	1,847
Provision for (recapture of) loan losses	(46)	442
Charge-offs	0	0
Recoveries	0	0
Ending balance	2,243	2,289
Total ALLL	2,243	2,289	2,243	2,289
General reserve			2,235	2,281
Specific reserve			8	8
Total loans			255,722	253,235
General reserves			253,839	251,263
Specific reserves			1,883	1,972
Construction and land | Residential segment
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	585	648
Provision for (recapture of) loan losses	(188)	(65)
Charge-offs	0	0
Recoveries	2	2
Ending balance	399	585
Total ALLL	399	585	399	585
General reserve			399	584
Specific reserve			0	1
Total loans			37,187	54,102
General reserves			37,158	54,058
Specific reserves			29	44
Home equity | Consumer
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	480	787
Provision for (recapture of) loan losses	(71)	(332)
Charge-offs	0	0
Recoveries	45	25
Ending balance	454	480
Total ALLL	454	480	454	480
General reserve			439	474
Specific reserve			15	6
Total loans			35,046	37,629
General reserves			34,775	37,002
Specific reserves			271	627
Auto and other consumer | Consumer
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Beginning balance	1,611	712
Provision for (recapture of) loan losses	1,275	1,315
Charge-offs	(884)	(638)
Recoveries	259	222
Ending balance	2,261	1,611
Total ALLL	$ 2,261	$ 1,611	2,261	1,611
General reserve			2,119	1,552
Specific reserve			142	59
Total loans			112,119	87,357
General reserves			111,271	87,113
Specific reserves			$ 848	$ 244

Loans Receivable - Impaired Loa

Loans Receivable - Impaired Loans By Segment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investments, No Allowance Recorded	$ 1,833	$ 1,944
Recorded Investments, Allowance Recorded	4,556	4,614
Recorded Investments	6,389	6,558
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, No Allowance Recorded	2,343	2,471
Unpaid Principal Balance, Allowance Recorded	4,929	4,982
Unpaid Principal Balance	7,272	7,453
Allowance for credit losses, individually evaluated for impairment	202	276
Related Allowance	202	276
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Investment in Impaired Loans, No Allowance Recorded	1,648	3,915
Average Investment in Impaired Loans, Allowance Recorded	4,557	5,111
Average Investment in Impaired Loans	6,205	9,026
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
Interest Income Recognized, No Allowance Recorded	89	88
Interest Income Recognized, Allowance Recorded	271	321
Interest Income Recognized	360	409
Commercial business
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investments, No Allowance Recorded	0	0
Recorded Investments, Allowance Recorded	263	445
Recorded Investments	263	445
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, No Allowance Recorded	0	3
Unpaid Principal Balance, Allowance Recorded	263	445
Unpaid Principal Balance	263	448
Allowance for credit losses, individually evaluated for impairment	5	166
Related Allowance	5	166
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Investment in Impaired Loans, No Allowance Recorded	0	0
Average Investment in Impaired Loans, Allowance Recorded	290	777
Average Investment in Impaired Loans	290	777
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
Interest Income Recognized, No Allowance Recorded	4	0
Interest Income Recognized, Allowance Recorded	13	64
Interest Income Recognized	17	64
Real estate loans | One- to four-family | Residential segment
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investments, No Allowance Recorded	297	306
Recorded Investments, Allowance Recorded	2,691	2,810
Recorded Investments	2,988	3,116
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, No Allowance Recorded	332	339
Unpaid Principal Balance, Allowance Recorded	2,911	3,085
Unpaid Principal Balance	3,243	3,424
Allowance for credit losses, individually evaluated for impairment	31	35
Related Allowance	31	35
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Investment in Impaired Loans, No Allowance Recorded	237	381
Average Investment in Impaired Loans, Allowance Recorded	2,801	3,016
Average Investment in Impaired Loans	3,038	3,397
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
Interest Income Recognized, No Allowance Recorded	11	15
Interest Income Recognized, Allowance Recorded	178	181
Interest Income Recognized	189	196
Real estate loans | Multi-family | Residential segment
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investments, No Allowance Recorded	0	0
Recorded Investments, Allowance Recorded	107	110
Recorded Investments	107	110
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, No Allowance Recorded	0	0
Unpaid Principal Balance, Allowance Recorded	107	110
Unpaid Principal Balance	107	110
Allowance for credit losses, individually evaluated for impairment	1	1
Related Allowance	1	1
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Investment in Impaired Loans, No Allowance Recorded	0	0
Average Investment in Impaired Loans, Allowance Recorded	109	113
Average Investment in Impaired Loans	109	113
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
Interest Income Recognized, No Allowance Recorded	0	0
Interest Income Recognized, Allowance Recorded	5	6
Interest Income Recognized	5	6
Commercial real estate | Residential segment
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investments, No Allowance Recorded	1,240	1,308
Recorded Investments, Allowance Recorded	643	664
Recorded Investments	1,883	1,972
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, No Allowance Recorded	1,320	1,374
Unpaid Principal Balance, Allowance Recorded	643	663
Unpaid Principal Balance	1,963	2,037
Allowance for credit losses, individually evaluated for impairment	8	8
Related Allowance	8	8
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Investment in Impaired Loans, No Allowance Recorded	1,271	1,942
Average Investment in Impaired Loans, Allowance Recorded	654	738
Average Investment in Impaired Loans	1,925	2,680
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
Interest Income Recognized, No Allowance Recorded	54	47
Interest Income Recognized, Allowance Recorded	34	35
Interest Income Recognized	88	82
Construction and land | Residential segment
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investments, No Allowance Recorded	0	0
Recorded Investments, Allowance Recorded	29	44
Recorded Investments	29	44
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, No Allowance Recorded	33	1
Unpaid Principal Balance, Allowance Recorded	29	71
Unpaid Principal Balance	62	72
Allowance for credit losses, individually evaluated for impairment	0	1
Related Allowance	0	1
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Investment in Impaired Loans, No Allowance Recorded	0	1,243
Average Investment in Impaired Loans, Allowance Recorded	50	66
Average Investment in Impaired Loans	50	1,309
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
Interest Income Recognized, No Allowance Recorded	0	0
Interest Income Recognized, Allowance Recorded	3	5
Interest Income Recognized	3	5
Home equity | Consumer
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investments, No Allowance Recorded	45	330
Recorded Investments, Allowance Recorded	226	297
Recorded Investments	271	627
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, No Allowance Recorded	110	478
Unpaid Principal Balance, Allowance Recorded	286	364
Unpaid Principal Balance	396	842
Allowance for credit losses, individually evaluated for impairment	15	6
Related Allowance	15	6
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Investment in Impaired Loans, No Allowance Recorded	120	349
Average Investment in Impaired Loans, Allowance Recorded	281	275
Average Investment in Impaired Loans	401	624
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
Interest Income Recognized, No Allowance Recorded	2	12
Interest Income Recognized, Allowance Recorded	19	22
Interest Income Recognized	21	34
Auto and other consumer | Consumer
Impaired Financing Receivable, Recorded Investment [Abstract]
Recorded Investments, No Allowance Recorded	251	0
Recorded Investments, Allowance Recorded	597	244
Recorded Investments	848	244
Impaired Financing Receivable, Unpaid Principal Balance [Abstract]
Unpaid Principal Balance, No Allowance Recorded	548	276
Unpaid Principal Balance, Allowance Recorded	690	244
Unpaid Principal Balance	1,238	520
Allowance for credit losses, individually evaluated for impairment	142	59
Related Allowance	142	59
Impaired Financing Receivable, Average Recorded Investment [Abstract]
Average Investment in Impaired Loans, No Allowance Recorded	20	0
Average Investment in Impaired Loans, Allowance Recorded	372	126
Average Investment in Impaired Loans	392	126
Impaired Financing Receivable, Interest Income, Accrual Method [Abstract]
Interest Income Recognized, No Allowance Recorded	18	14
Interest Income Recognized, Allowance Recorded	19	8
Interest Income Recognized	$ 37	$ 22

Loans Receivable - Narrative (D

Loans Receivable - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Financing Receivable, Credit Quality Indicator [Line Items]
Interest income recognized on impaired loans	$ 318	$ 371
Loans	883,757	869,730
Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	$ 4,950	$ 3,366

Loans Receivable - Nonaccrual L

Loans Receivable - Nonaccrual Loans by Class (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Financing Receivable, Past Due [Line Items]
Total nonaccrual loans	$ 1,796	$ 1,723
Nonperforming | Residential segment | Commercial real estate
Financing Receivable, Past Due [Line Items]
Total nonaccrual loans	109	133
Nonperforming | Residential segment | Construction and land
Financing Receivable, Past Due [Line Items]
Total nonaccrual loans	29	44
Nonperforming | Consumer | Home equity
Financing Receivable, Past Due [Line Items]
Total nonaccrual loans	112	369
Nonperforming | Consumer | Auto and other consumer
Financing Receivable, Past Due [Line Items]
Total nonaccrual loans	848	245
Nonperforming | Consumer | Commercial business loans
Financing Receivable, Past Due [Line Items]
Total nonaccrual loans	0	173
Nonperforming | One- to four-family | Residential segment | Real estate loans
Financing Receivable, Past Due [Line Items]
Total nonaccrual loans	$ 698	$ 759

Loans Receivable - Reconciliati

Loans Receivable - Reconciliation of Past Due Loans (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	$ 4,019	$ 2,331
Current	879,738	867,399
Total loans	883,757	869,730
Real estate loans
Financing Receivable, Recorded Investment, Aging [Abstract]
Total loans	730,200	767,600
Residential segment
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	1,174	709
Current	693,847	725,137
Total loans	695,021	725,846
Residential segment | Commercial real estate
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	0	0
Current	255,722	253,235
Total loans	255,722	253,235
Residential segment | Construction and land
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	38	80
Current	37,149	54,022
Total loans	37,187	54,102
Consumer
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	2,730	699
Current	144,435	124,287
Total loans	147,165	124,986
Consumer | Home equity
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	323	136
Current	34,723	37,493
Total loans	35,046	37,629
Consumer | Auto and other consumer
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	2,407	563
Current	109,712	86,794
Total loans	112,119	87,357
Commercial business loans
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	115	923
Current	41,456	17,975
Total loans	41,571	18,898
30 to 59 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	2,688	1,815
30 to 59 Days Past Due | Residential segment
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	966	324
30 to 59 Days Past Due | Residential segment | Commercial real estate
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	0	0
30 to 59 Days Past Due | Residential segment | Construction and land
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	38	35
30 to 59 Days Past Due | Consumer
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	1,722	568
30 to 59 Days Past Due | Consumer | Home equity
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	299	97
30 to 59 Days Past Due | Consumer | Auto and other consumer
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	1,423	471
30 to 59 Days Past Due | Commercial business loans
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	0	923
60 to 89 Days Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	601	312
60 to 89 Days Past Due | Residential segment
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	92	190
60 to 89 Days Past Due | Residential segment | Commercial real estate
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	0	0
60 to 89 Days Past Due | Residential segment | Construction and land
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	0	14
60 to 89 Days Past Due | Consumer
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	394	122
60 to 89 Days Past Due | Consumer | Home equity
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	24	30
60 to 89 Days Past Due | Consumer | Auto and other consumer
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	370	92
60 to 89 Days Past Due | Commercial business loans
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	115	0
90 Days or More Past Due
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	730	204
90 Days or More Past Due | Residential segment
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	116	195
90 Days or More Past Due | Residential segment | Commercial real estate
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	0	0
90 Days or More Past Due | Residential segment | Construction and land
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	0	31
90 Days or More Past Due | Consumer
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	614	9
90 Days or More Past Due | Consumer | Home equity
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	0	9
90 Days or More Past Due | Consumer | Auto and other consumer
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	614	0
90 Days or More Past Due | Commercial business loans
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	0	0
One- to four-family | Residential segment | Real estate loans
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	1,136	629
Current	304,878	335,549
Total loans	306,014	336,178
One- to four-family | 30 to 59 Days Past Due | Residential segment | Real estate loans
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	928	289
One- to four-family | 60 to 89 Days Past Due | Residential segment | Real estate loans
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	92	176
One- to four-family | 90 Days or More Past Due | Residential segment | Real estate loans
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	116	164
Multi-family | Residential segment | Real estate loans
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	0	0
Current	96,098	82,331
Total loans	96,098	82,331
Multi-family | 30 to 59 Days Past Due | Residential segment | Real estate loans
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	0	0
Multi-family | 60 to 89 Days Past Due | Residential segment | Real estate loans
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	0	0
Multi-family | 90 Days or More Past Due | Residential segment | Real estate loans
Financing Receivable, Recorded Investment, Aging [Abstract]
Past due loans	$ 0	$ 0

Loans Receivable - Credit Quali

Loans Receivable - Credit Quality Indicators by Class of Loan (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	$ 883,757	$ 869,730
Recorded investment, nonaccrual loans	1,796	1,723
Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	1,796	1,723
Performing
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	881,961	868,007
Real estate loans
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	730,200	767,600
Residential segment
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	695,021	725,846
Residential segment | Commercial real estate
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	255,722	253,235
Residential segment | Commercial real estate | Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	109	133
Recorded investment, nonaccrual loans	109	133
Residential segment | Commercial real estate | Performing
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	255,613	253,102
Residential segment | Construction and land
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	37,187	54,102
Residential segment | Construction and land | Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	29	44
Recorded investment, nonaccrual loans	29	44
Residential segment | Construction and land | Performing
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	37,158	54,058
Consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	147,165	124,986
Consumer | Home equity
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	35,046	37,629
Consumer | Home equity | Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	112	369
Recorded investment, nonaccrual loans	112	369
Consumer | Home equity | Performing
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	34,934	37,260
Consumer | Auto and other consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	112,119	87,357
Consumer | Auto and other consumer | Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	848	245
Recorded investment, nonaccrual loans	848	245
Consumer | Auto and other consumer | Performing
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	111,271	87,112
Consumer | Commercial business loans | Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
Recorded investment, nonaccrual loans	0	173
Commercial business loans
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	41,571	18,898
Commercial business loans | Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	0	173
Commercial business loans | Performing
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	41,571	18,725
Pass
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	865,674	847,754
Pass | Residential segment
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	684,434	709,096
Pass | Residential segment | Commercial real estate
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	251,531	244,919
Pass | Residential segment | Construction and land
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	35,897	51,480
Pass | Consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	141,587	122,138
Pass | Consumer | Home equity
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	34,260	36,559
Pass | Consumer | Auto and other consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	107,327	85,579
Pass | Commercial business loans
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	39,653	16,520
Watch
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	8,055	16,134
Watch | Residential segment
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	3,966	12,626
Watch | Residential segment | Commercial real estate
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	97	6,281
Watch | Residential segment | Construction and land
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	1,184	2,578
Watch | Consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	3,713	1,775
Watch | Consumer | Home equity
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	470	465
Watch | Consumer | Auto and other consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	3,243	1,310
Watch | Commercial business loans
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	376	1,733
Special Mention
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	5,078	2,476
Special Mention | Residential segment
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	4,132	1,730
Special Mention | Residential segment | Commercial real estate
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	2,800	663
Special Mention | Residential segment | Construction and land
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	77	0
Special Mention | Consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	683	274
Special Mention | Consumer | Home equity
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	89	123
Special Mention | Consumer | Auto and other consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	594	151
Special Mention | Commercial business loans
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	263	472
Substandard
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	4,950	3,366
Substandard | Residential segment
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	2,489	2,394
Substandard | Residential segment | Commercial real estate
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	1,294	1,372
Substandard | Residential segment | Construction and land
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	29	44
Substandard | Consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	1,182	799
Substandard | Consumer | Home equity
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	227	482
Substandard | Consumer | Auto and other consumer
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	955	317
Substandard | Commercial business loans
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	1,279	173
One- to four-family | Residential segment | Real estate loans
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	306,014	336,178
One- to four-family | Residential segment | Real estate loans | Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	698	759
Recorded investment, nonaccrual loans	698	759
One- to four-family | Residential segment | Real estate loans | Performing
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	305,316	335,419
One- to four-family | Pass | Residential segment | Real estate loans
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	301,312	330,476
One- to four-family | Watch | Residential segment | Real estate loans
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	2,685	3,767
One- to four-family | Special Mention | Residential segment | Real estate loans
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	1,148	957
One- to four-family | Substandard | Residential segment | Real estate loans
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	869	978
Multi-family | Residential segment | Real estate loans
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	96,098	82,331
Multi-family | Residential segment | Real estate loans | Nonperforming
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	0	0
Multi-family | Residential segment | Real estate loans | Performing
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	96,098	82,331
Multi-family | Pass | Residential segment | Real estate loans
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	95,694	82,221
Multi-family | Watch | Residential segment | Real estate loans
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	0	0
Multi-family | Special Mention | Residential segment | Real estate loans
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	107	110
Multi-family | Substandard | Residential segment | Real estate loans
Financing Receivable, Credit Quality Indicator [Line Items]
Loans	$ 297	$ 0

Loans Receivable - Troubled Deb

Loans Receivable - Troubled Debt Restructurings (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)contract	Dec. 31, 2018USD ($)contract
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total TDR loans	$ 3,544	$ 3,745
Allowance for loan losses related to TDR loans	41	43
Total nonaccrual TDR loans	$ 81	$ 84
Pre-modification, number of contracts | contract	1	3
Pre-modification outstanding recorded investment	$ 50	$ 229
Post-modification outstanding recorded investment, number of contracts | contract	1	3
Post-modification outstanding recorded investment	$ 51	$ 228
Residential segment | Commercial real estate
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total TDR loans	643	663
Total nonaccrual TDR loans	0	0
Consumer | Home equity
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total TDR loans	160	258
Total nonaccrual TDR loans	0	0
Rate Modification
Financing Receivable, Troubled Debt Restructuring [Line Items]
Pre-modification outstanding recorded investment	0	0
Post-modification outstanding recorded investment	0	0
Term Modification
Financing Receivable, Troubled Debt Restructuring [Line Items]
Pre-modification outstanding recorded investment	0	0
Post-modification outstanding recorded investment	0	0
Combination Modification
Financing Receivable, Troubled Debt Restructuring [Line Items]
Pre-modification outstanding recorded investment	50	229
Post-modification outstanding recorded investment	51	228
One- to four-family | Residential segment | Real estate loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total TDR loans	2,371	2,442
Total nonaccrual TDR loans	$ 81	$ 84
Pre-modification, number of contracts | contract	1	3
Pre-modification outstanding recorded investment	$ 50	$ 229
Post-modification outstanding recorded investment, number of contracts | contract	1	3
Post-modification outstanding recorded investment	$ 51	$ 228
Modifications that subsequently defaulted, number of contracts | contract	2	2
TDR loans that subsequently defaulted	$ 99	$ 140
One- to four-family | Rate Modification | Residential segment | Real estate loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Pre-modification outstanding recorded investment	0	0
Post-modification outstanding recorded investment	0	0
TDR loans that subsequently defaulted	0	0
One- to four-family | Term Modification | Residential segment | Real estate loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Pre-modification outstanding recorded investment	0	0
Post-modification outstanding recorded investment	0	0
TDR loans that subsequently defaulted	0	0
One- to four-family | Combination Modification | Residential segment | Real estate loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Pre-modification outstanding recorded investment	50	229
Post-modification outstanding recorded investment	51	228
TDR loans that subsequently defaulted	99	140
Multi-family | Residential segment | Real estate loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Total TDR loans	107	110
Total nonaccrual TDR loans	$ 0	$ 0

Loans Receivable - Troubled D_2

Loans Receivable - Troubled Debt Restructured Loans by Class (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Financing Receivable, Troubled Debt Restructuring [Line Items]
Accrual loans	$ 3,463	$ 3,661
Nonaccrual loans	81	84
Total TDR loans	3,544	3,745
Commercial business loans
Financing Receivable, Troubled Debt Restructuring [Line Items]
Accrual loans	263	272
Nonaccrual loans	0	0
Total TDR loans	263	272
Commercial real estate | Residential segment
Financing Receivable, Troubled Debt Restructuring [Line Items]
Accrual loans	643	663
Nonaccrual loans	0	0
Total TDR loans	643	663
Home equity | Consumer
Financing Receivable, Troubled Debt Restructuring [Line Items]
Accrual loans	160	258
Nonaccrual loans	0	0
Total TDR loans	160	258
One- to four-family | Real estate loans | Residential segment
Financing Receivable, Troubled Debt Restructuring [Line Items]
Accrual loans	2,290	2,358
Nonaccrual loans	81	84
Total TDR loans	2,371	2,442
Multi-family | Real estate loans | Residential segment
Financing Receivable, Troubled Debt Restructuring [Line Items]
Accrual loans	107	110
Nonaccrual loans	0	0
Total TDR loans	$ 107	$ 110

Real Estate Owned and Reposse_3

Real Estate Owned and Repossessed Assets - Activity in Real Estate Owned an Repossessed Assets (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Real Estate Owned and Repossessed Assets [Roll Forward]
Beginning balance	$ 124	$ 23
Loans transferred to foreclosed assets	412	276
Sales	(376)	(146)
Market value adjustments	(10)	(3)
Net gain (loss) on sales	4	(26)
Ending balance	$ 154	$ 124

Real Estate Owned and Reposse_4

Real Estate Owned and Repossessed Assets - Reconciliation of Real Estate Owned and Repossessed Assets (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Schedule of Real Estate Owned and Repossessed Assets [Line Items]
Real estate owned and repossessed assets	$ 154	$ 124	$ 23
Land
Schedule of Real Estate Owned and Repossessed Assets [Line Items]
Real estate owned and repossessed assets	62	72
Personal property
Schedule of Real Estate Owned and Repossessed Assets [Line Items]
Real estate owned and repossessed assets	$ 92	$ 52

Premises and Equipment - Net Pr

Premises and Equipment - Net Premises and Equipment (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	$ 29,088	$ 29,663
Less accumulated depreciation and amortization	(14,746)	(14,408)
Premises and equipment, net	14,342	15,255
Depreciation expense	1,339	1,325
Land
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	2,564	2,560
Buildings
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	6,075	6,075
Building improvements
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	12,015	11,985
Furniture, fixtures, and equipment
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	7,011	7,446
Software
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	1,221	1,507
Automobiles
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	66	81
Construction in progress
Property, Plant and Equipment [Line Items]
Premises and equipment, gross	$ 136	$ 9

Operating Leases - Narrative (D

Operating Leases - Narrative (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2019USD ($)building
Lessee, Lease, Description [Line Items]
Operating leases, right-of-use asset | $	$ 4,600
Operating lease liability | $	3,656
Lease costs | $	$ 505
Buildings
Lessee, Lease, Description [Line Items]
Number of locations subject to lease agreements	6
Branch
Lessee, Lease, Description [Line Items]
Number of locations subject to lease agreements	4
Loan Production Office
Lessee, Lease, Description [Line Items]
Number of locations subject to lease agreements	1
Support Center
Lessee, Lease, Description [Line Items]
Number of locations subject to lease agreements	1
Minimum
Lessee, Lease, Description [Line Items]
Operating lease expiration range	1 year
Operating lease renewal option	2 years
Maximum
Lessee, Lease, Description [Line Items]
Operating lease expiration range	20 years
Operating lease renewal option	10 years

Operating Leases - Schedule of

Operating Leases - Schedule of Amounts Related to Operating Leases (Details)	12 Months Ended
	Dec. 31, 2019USD ($)
Leases [Abstract]
Operating cash flows from operating leases	$ 505,000
Right of use assets obtained in exchange for new operating lease liabilities	$ 0
Weighted-average remaining lease term of operating leases (in years)	13 years 9 months
Weighted-average discount rate of operating leases	3.50%

Operating Leases - Minimum Annu

Operating Leases - Minimum Annual Lease Payments Under Non-cancelable Operating Leases (Details) $ in Thousands	Dec. 31, 2019USD ($)
Leases [Abstract]
2020	$ 385
2021	376
2022	304
2023	309
2024	324
Thereafter	2,947
Total minimum payments required	4,645
Less imputed interest	989
Present value of lease liabilities	$ 3,656

Mortgage Servicing Rights - Nar

Mortgage Servicing Rights - Narrative (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Transfers and Servicing [Abstract]
Mortgage loans serviced for third parties	$ 159,700,000	$ 175,500,000
Valuation allowance for mortgage servicing rights	0	3,000
Fair value of mortgage servicing rights	$ 1,500,000	$ 1,500,000

Mortgage Servicing Rights - Sch

Mortgage Servicing Rights - Schedule of Mortgage Servicing Rights (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Servicing Asset at Amortized Cost, Balance [Roll Forward]
Balance at beginning of period	$ 1,044	$ 1,095
Additions	75	208
Amortization	(251)	(256)
Valuation allowance	3	(3)
Balance at end of period	$ 871	$ 1,044

Mortgage Servicing Rights - Ass

Mortgage Servicing Rights - Assumptions (Details)	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Transfers and Servicing [Abstract]
Constant prepayment rate	11.20%	15.40%
Weighted-average life (years)	6 years 3 months	5 years 6 months
Yield to maturity discount	9.40%	10.50%

Mortgage Servicing Rights - Ser

Mortgage Servicing Rights - Servicing Fees and Late Fees (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Transfers and Servicing [Abstract]
Servicing fees	$ 424	$ 454
Late fees	$ 15	$ 15

Deposits - Narrative (Details)

Deposits - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Banking and Thrift [Abstract]
Time deposits, $250,000 or more	$ 93.5	$ 107
Public fund deposits	57.4	80
Investment securities pledged as collateral, carrying value	$ 35.5	$ 47.6

Deposits - Summary of Deposits

Deposits - Summary of Deposits (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Deposits, by Type [Abstract]
Savings	$ 168,983	$ 143,412
Transaction accounts	276,496	262,152
Money market accounts	248,086	273,344
Certificates of deposit and jumbo certificates	308,080	261,352
Total Deposits	$ 1,001,645	$ 940,260
Weighted Average Rate of Deposits, by Type [Abstract] [Abstract]
Weighted-Average Interest Rate, Savings	0.86%	0.74%
Weighted-Average Interest Rate, Transaction accounts	0.03%	0.05%
Weighted-Average Interest Rate, Insured money market accounts	0.46%	0.43%
Weighted-Average Interest Rate, Certificates of deposit and jumbo certificates	1.85%	1.86%
Weighted- Average Interest Rate	0.84%	0.77%
Time Deposits, Fiscal Year Maturity [Abstract]
Within one year or less	$ 241,127
After one year through two years	42,274
After two years through three years	11,167
After three years through four years	6,593
After four years through five years	6,919
After five years	0
Total time deposits	308,080	$ 261,352
Interest Expense, Deposits [Abstract]
Savings	1,478	369
Transaction accounts	118	74
Money market accounts	1,285	1,142
Certificates of deposit and jumbo certificates	5,423	3,765
Interest expense	$ 8,304	$ 5,350

Borrowings - Narrative (Details

Borrowings - Narrative (Details) - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Short-term Debt [Line Items]
Maximum available credit to bank assets, percentage (up to)	40.00%
Investment Securities
Short-term Debt [Line Items]
Loans receivable pledged as collateral	$ 0.6	$ 1.2
Residential segment
Short-term Debt [Line Items]
Loans receivable pledged as collateral	$ 520.5	$ 339.2

Borrowings - Summary of Outstan

Borrowings - Summary of Outstanding Balances (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Federal Home Loan Bank, Advances [Line Items]
Long-term advances	$ 50,000	$ 60,000
Federal Home Loan Bank, Short-term, Fixed-rate Advance Agreements
Federal Home Loan Bank, Advances [Line Items]
Overnight variable-rate advances	45,000	25,000
Federal Home Loan Bank, Short-term, Variable-rate Advances
Federal Home Loan Bank, Advances [Line Items]
Overnight variable-rate advances	$ 17,930	$ 51,552

Borrowings - Maximum and Averag

Borrowings - Maximum and Average Outstanding Balances and Average Interest Rates (Details) - Federal Home Loan Bank Advances - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Federal Home Loan Bank, Short-term, Variable-rate Advances
Federal Home Loan Bank, Advances, Activity for Year [Abstract]
Maximum outstanding at any month-end	$ 90,889	$ 110,723
Monthly average outstanding	$ 53,156	$ 47,049
Weighted-average interest rates, Annual	2.33%	2.10%
Weighted-average interest rates, Period End	1.80%	2.58%
Interest expense during the period	$ 1,224	$ 933
Federal Home Loan Bank, Short-term, Fixed-rate Advance Agreements
Federal Home Loan Bank, Advances, Activity for Year [Abstract]
Maximum outstanding at any month-end	45,000	72,600
Monthly average outstanding	$ 3,750	$ 27,658
Weighted-average interest rates, Annual	2.33%	1.76%
Weighted-average interest rates, Period End	1.79%	2.48%
Interest expense during the period	$ 12	$ 626
Federal Home Loan Bank, Long-term, Fixed-rate Advance Agreements
Federal Home Loan Bank, Advances, Activity for Year [Abstract]
Maximum outstanding at any month-end	65,000	60,000
Monthly average outstanding	$ 56,250	$ 60,000
Weighted-average interest rates, Annual	3.34%	3.52%
Weighted-average interest rates, Period End	2.98%	3.52%
Interest expense during the period	$ 1,908	$ 2,104

Borrowings - Schedule of Federa

Borrowings - Schedule of Federal Home Loan Bank Advance Maturities (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Weighted-Average Interest Rate
Weighted-Average Interest Rate, Within one year or less	3.78%	2.71%
Weighted-Average Interest Rate, After one year through two years	0.00%	3.78%
Weighted-Average Interest Rate, After two years through three years	1.79%	3.81%
Weighted-Average Interest Rate, After three years through four years	1.80%	0.00%
Weighted-Average Interest Rate, After four years through five years	1.80%	0.00%
Weighted-Average Interest Rate, After five years	0.00%	0.00%
Amount
Advances maturities, Within one year or less	$ 30,000	$ 15,000
Advances maturities, After one year through two years	0	25,000
Advances maturities, After two years through three years	10,000	20,000
Advances maturities, After three years through four years	5,000	0
Advances maturities, After four years through five years	5,000	0
Advances maturities, After five years	0	0
Advances maturities, Total	$ 50,000	$ 60,000

Federal Taxes on Income - Summa

Federal Taxes on Income - Summary of Income Tax Provision (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Income Tax Disclosure [Abstract]
Current	$ 1,764	$ 1,927
Deferred	313	(352)
Total provision (benefit) for income taxes	$ 2,077	$ 1,575

Federal Taxes on Income - Recon

Federal Taxes on Income - Reconciliation of Tax Provision (Benefit) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Effective Income Tax Rate Reconciliation, Amount [Abstract]
Income taxes computed at statutory rates	$ 2,329	$ 1,823
Tax-exempt income	(83)	(84)
Bank-owned life insurance income	(149)	(125)
Deferred tax asset valuation allowance	(1,224)	(1)
Expiration of contribution carryforward	1,224	0
Other, net	(20)	(38)
Total provision (benefit) for income taxes	$ 2,077	$ 1,575

Federal Taxes on Income - Narra

Federal Taxes on Income - Narrative (Details) - USD ($)	Jan. 29, 2015	Dec. 31, 2019	Dec. 31, 2018	Jun. 30, 2015
Operating Loss Carryforwards [Line Items]
Retained earnings on which federal income taxes have not been provided		$ 6,400,000
Deferred tax asset carryforward, charitable contribution		0	$ (1,515,000)
Deferred tax asset valuation allowance		0	1,224,000
Unrecognized tax assets		0	0
Interest and penalties recognized		0	$ 0
Contributions to charitable organization
Operating Loss Carryforwards [Line Items]
Value of charitable consideration, cash portion	$ 400,000			$ 400,000
Value of charitable consideration, stock potion, value		$ 5,900,000		9,300,000
Value of charitable contribution				9,700,000
Deferred tax asset carryforward, charitable contribution				(3,300,000)
Valuation allowance, charitable contribution				$ 1,900,000

Federal Taxes on Income - Defer

Federal Taxes on Income - Deferred Tax Assets and Liabilities (Details) - USD ($)	Dec. 31, 2019	Dec. 31, 2018
Deferred tax assets
Allowance for loan losses	$ 2,064,000	$ 2,049,000
Unrealized loss on securities available for sale	409,000	1,264,000
Accrued compensation	487,000	397,000
Nonaccrual loans	6,000	4,000
ESOP timing differences	143,000	195,000
Restricted stock awards	107,000	134,000
Contribution carryforward	0	1,515,000
Deferred lease liability	768,000
Total deferred tax assets	3,984,000	5,558,000
Deferred tax liabilities
Deferred loan fees	443,000	436,000
FHLB stock dividends	425,000	488,000
Accumulated depreciation	691,000	734,000
Deferred investment gain	34,000	14,000
Right of use asset	745,000
Other, net	175,000	23,000
Total deferred tax liabilities	2,513,000	1,695,000
Deferred tax asset, net	1,471,000	3,863,000
Deferred tax asset valuation allowance	0	(1,224,000)
Deferred tax asset, net of valuation allowance	$ 1,471,000	$ 2,639,000

Benefit Plans - Pension Plan (D

Benefit Plans - Pension Plan (Details) - Multi-employer plan - pension - Pentegra Defined Benefit Plan - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2019	Jul. 01, 2019	Jul. 01, 2018
Multiemployer Plans [Line Items]
Requisite service period			1 year
Benefit vesting period			5 years
Our plan, funded percentage				111.90%	112.50%
Period contributions	$ 302	$ 386
Common equity tier 1 capital
Multiemployer Plans [Line Items]
Company contributions to total plan contributions, percentage (not more than)			5.00%

Benefit Plans - Nonqualified De

Benefit Plans - Nonqualified Deferred Compensation Plan and 401(k) Plan (Details) - Common equity tier 1 capital - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Defined Contribution Plan Disclosure [Line Items]
Maximum employee contribution per employee, percentage	100.00%
Employer matching contribution of employee contribution, percentage	50.00%
Employer matching contribution, percentage of employees' pay	6.00%
Employer contribution amounts	$ 270	$ 245
Board of Directors and Officers
Defined Contribution Plan Disclosure [Line Items]
Aggregate amount held in trust	$ 1,109

Benefit Plans - Employee Stock

Benefit Plans - Employee Stock Ownership Plan (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 15, 2015	Jan. 29, 2015
Compensation Related Costs [Abstract]
Minimum service period (over 12 month period)	1000 hours
Requisite service period	12 months
Percentage of shares to be purchased	8.00%			8.00%
Percentage of shares purchased			100.00%
Average purchase price (in dollars per share)	$ 12.45
ESOP loan payable, amortization period	20 years
ESOP loan payable, estimated interest rate	2.46%
ESOP loan payable, annual principal and interest payment	$ 835	$ 835
Allocation of ESOP shares	$ 702	$ 851
Employee Stock Ownership Plan (ESOP), Shares in ESOP [Abstract]
Employee stock ownership plan (ESOP), number of allocated shares (in shares)	253,987	201,026
Employee stock ownership plan (ESOP), number of suspense shares (in shares)	794,042	847,003
Employee stock ownership plan (ESOP), total shares (in shares)	1,048,029	1,048,029	1,048,029
Fair value of unallocated shares	$ 14,396	$ 12,561

Benefit Plans - Stock Based Com

Benefit Plans - Stock Based Compensation (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Jun. 30, 2017	Nov. 16, 2015
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity instruments other than options, granted (in shares)		65,000
Stock options granted in the period (in shares)	0	0
First Northwest Bancorp 2015 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized				1,834,050
Share based compensation expense	$ 1,100	$ 1,100
Common Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock repurchased and retired (in shares)	477,837	623,813
Common Stock | First Northwest Bancorp 2015 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized				1,310,036
Stock repurchased and retired (in shares)			523,014
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity instruments other than options, granted (in shares)	64,900
Award vesting period	5 years
Compensation cost not yet recognized	$ 3,400
Compensation cost not yet recognized, recognition period	3 years 2 months 4 days
Restricted Stock | First Northwest Bancorp 2015 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of shares authorized				524,014
Director | First Northwest Bancorp 2015 Equity Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation expense	$ 342	$ 343

Benefit Plans - Summary of Chan

Benefit Plans - Summary of Changes in Non-vested Restricted Stock Awards (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Granted (in shares)		65,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Canceled (in usd per share)	$ 13.43
Restricted Stock
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Number of Shares [Roll Forward]
Non-vested at beginning of period (in shares)	290,600
Granted (in shares)	64,900
Vested (in shares)	(65,758)
Canceled (in shares)	(18,442)
Forfeited (in shares)	(7,000)
Non-vested at end of period (in shares)	264,300	290,600
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Nonvested, Weighted Average Grant Date Fair Value [Abstract]
Nonvested in beginning of period (in usd per share)	$ 13.72
Granted (in usd per share)	17.19
Vested (in usd per share)	13.43
Forfeited (in usd per share)	16.07
Nonvested at end of period (in usd per share)	$ 14.60	$ 13.72
Compensation cost not yet recognized	$ 3.4
Compensation cost not yet recognized, recognition period	3 years 2 months 4 days

Regulatory Capital Requiremen_3

Regulatory Capital Requirements - Narrative (Details) - Common equity tier 1 capital	Jan. 01, 2015	Dec. 31, 2019	Jan. 01, 2019	Dec. 31, 2018	Jan. 01, 2016
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Common Equity Tier 1 Capital requirement	4.50%	4.50%		4.50%
Tier 1 Capital requirement	6.00%	6.00%		6.00%
Total Capital requirement	8.00%	8.00%		8.00%
Tier 1 Leverage Capital requirement	4.00%	4.00%		4.00%
Risk weight on nonaccrual loans	100.00%	150.00%
Credit conversion factor	0.00%	20.00%
Risk Weight on mortgage servicing and deferred tax assets	100.00%	250.00%
Common Equity Tier 1, additional capital conservation buffer		2.50%	2.50%		0.625%
Common Equity Tier 1 Capital required to be categorized as well capitalized		6.50%		6.50%
Tier 1 Capital required to be categorized as well capitalized	6.00%	8.00%		8.00%
Total Capital required to be categorized as well capitalized		10.00%		10.00%
Tier 1 Leverage Capital required to be categorized as well capitalized	5.00%	5.00%		5.00%
Minimum
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Regulatory capital requirements, transition period	2 years
Maximum
Compliance with Regulatory Capital Requirements under Banking Regulations [Line Items]
Regulatory capital requirements, transition period	4 years

Regulatory Capital Requiremen_4

Regulatory Capital Requirements - Actual and Required Capital Amounts and Ratios (Details) - Common equity tier 1 capital - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Jan. 01, 2015
Common Equity Tier 1 Capital [Abstract]
Common Equity Tier 1 Capital to risk-weighted assets	$ 149,223	$ 142,018
Common Equity Tier 1 Capital required for adequacy purposes	38,275	37,501
Common Equity Tier 1 Capital required to be categorized as well capitalized	55,286	54,169
Tier One Risk Based Capital [Abstract]
Tier 1 Capital	149,223	142,018
Tier 1 Capital required for adequacy purposes	51,034	50,002
Tier 1 Capital required to be categorized as well capitalized	$ 68,045	$ 66,669
Risk Based Ratios [Abstract]
Common Equity Tier 1 Capital to risk-weighted assets, percentage	17.54%	17.04%
Common Equity Tier 1 Capital required for adequacy purposes, percentage	4.50%	4.50%	4.50%
Common Equity Tier 1 Capital required to be categorized as well capitalized, percentage	6.50%	6.50%
Tier 1 Capital to risk-weighted assets, percentage	17.54%	17.04%
Tier 1 Capital required for adequacy purposes, percentage	6.00%	6.00%	6.00%
Tier 1 Capital required to be categorized as well capitalized, percentage	8.00%	8.00%	6.00%
Total Capital to risk-weighted assets, percentage	18.70%	18.21%
Total Capital required for adequacy purposes, percentage	8.00%	8.00%	8.00%
Total Capital required to be categorized as well capitalized, percentage	10.00%	10.00%
Capital [Abstract]
Total Capital	$ 159,058	$ 151,781
Total Capital required for adequacy purposes	68,045	66,669
Total Capital required to be categorized as well capitalized	85,056	83,336
Tier One Leverage Capital [Abstract]
Tier 1 Leverage Capital	149,223	142,018
Tier 1 Leverage Capital required for adequacy purposes	49,103	49,509
Tier 1 Leverage Capital required to be categorized as well capitalized	$ 61,379	$ 61,887
Leverage Ratios [Abstract]
Tier 1 Leverage Capital to adjusted average assets, percentage	12.16%	11.47%
Tier 1 Leverage Capital required for adequacy purposes, percentage	4.00%	4.00%	4.00%
Tier 1 Leverage Capital required to be categorized as well capitalized, percentage	5.00%	5.00%	5.00%

Related Party Transactions (Det

Related Party Transactions (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Loans and Leases Receivable, Related Parties [Roll Forward]
Deposit and certificates from related parties	$ 3,100	$ 2,900
Certain directors and executive officers
Loans and Leases Receivable, Related Parties [Roll Forward]
Beginning balance	923	1,042
Loan advances	1	3
Loan repayments	(235)	(122)
Reclassifications	0	0
Ending balance	$ 689	$ 923

Commitments and Contingencies -

Commitments and Contingencies - Financial Instruments Whose Contract Amounts Represent Credit Risk (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Commitments to grant loans
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial instruments, contracts representing credit risk	$ 101	$ 625
Standby letters of credit
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial instruments, contracts representing credit risk	182	223
Unfunded commitments under lines of credit or existing loans
Fair Value, Off-balance Sheet Risks, Disclosure Information [Line Items]
Financial instruments, contracts representing credit risk	$ 88,225	$ 98,847

Commitments and Contingencies_2

Commitments and Contingencies - Narrative (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Jun. 30, 2017
Product Information [Line Items]
Commitments and contingencies, losses incurred	$ 0	$ 0	$ 0
Loans	883,757	869,730
U.S. Government and Government Sponsored Enterprises
Product Information [Line Items]
Investments	$ 223,500	$ 243,400
Loans secured by real estate | Credit concentration risk | Loans receivable
Product Information [Line Items]
Concentration risk, percentage	82.60%	88.30%
U.S. Government, Agencies, and Government Sponsored Enterprises securities | Investment concentration Risk | Investments
Product Information [Line Items]
Concentration risk, percentage	69.50%	77.70%
Real estate loans
Product Information [Line Items]
Loans	$ 730,200	$ 767,600

Fair Value Accounting and Mea_3

Fair Value Accounting and Measurement - Company Assets Measured at Fair Value on a Recurring Basis (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	$ 315,580	$ 262,967
Recurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	315,580	262,967
Recurring | Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	39,282	869
Recurring | ABS agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	28,858	25,752
Recurring | ABS corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	40,855	36,723
Recurring | SBA
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	9,643	9,888
Recurring | Corporate debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	28,459	35,670
Recurring | MBS agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	160,167	143,455
Recurring | MBS corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	8,316	10,610
Recurring | Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) | Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) | ABS agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) | ABS corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) | SBA
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) | Corporate debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) | MBS agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Quoted Prices in Active Markets for Identical Assets or Liabilities (Level 1) | MBS corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Significant Other Observable Inputs (Level 2)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	315,580	262,967
Recurring | Significant Other Observable Inputs (Level 2) | Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	39,282	869
Recurring | Significant Other Observable Inputs (Level 2) | ABS agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	28,858	25,752
Recurring | Significant Other Observable Inputs (Level 2) | ABS corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	40,855	36,723
Recurring | Significant Other Observable Inputs (Level 2) | SBA
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	9,643	9,888
Recurring | Significant Other Observable Inputs (Level 2) | Corporate debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	28,459	35,670
Recurring | Significant Other Observable Inputs (Level 2) | MBS agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	160,167	143,455
Recurring | Significant Other Observable Inputs (Level 2) | MBS corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	8,316	10,610
Recurring | Significant Unobservable Inputs (Level 3)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Significant Unobservable Inputs (Level 3) | Municipal bonds
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Significant Unobservable Inputs (Level 3) | ABS agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Significant Unobservable Inputs (Level 3) | ABS corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Significant Unobservable Inputs (Level 3) | SBA
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Significant Unobservable Inputs (Level 3) | Corporate debt
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Significant Unobservable Inputs (Level 3) | MBS agency
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	0	0
Recurring | Significant Unobservable Inputs (Level 3) | MBS corporate
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Investment securities available for sale	$ 0	$ 0

Fair Value Accounting and Mea_4

Fair Value Accounting and Measurement - Schedule of Assets On A Nonrecurring Basis (Details) $ in Thousands	Dec. 31, 2019USD ($)	Dec. 31, 2018USD ($)
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	$ 6,389	$ 6,558
Nonrecurring
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	6,389	6,558
Real estate owned and repossessed assets	154	124
Total assets measured at fair value	6,543	6,682
Nonrecurring | Level 1
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Real estate owned and repossessed assets	0	0
Total assets measured at fair value	0	0
Nonrecurring | Level 2
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	0	0
Real estate owned and repossessed assets	0	0
Total assets measured at fair value	0	0
Nonrecurring | Level 3
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Impaired loans	6,389	6,558
Real estate owned and repossessed assets	154	124
Total assets measured at fair value	$ 6,543	$ 6,682
Discount Rate | Real estate owned and repossessed assets | Minimum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value inputs, discount to appraisal rate	0	0
Discount Rate | Real estate owned and repossessed assets | Maximum
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value inputs, discount to appraisal rate	0.10	0.10
Discount Rate | Real estate owned and repossessed assets | Weighted Average
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value inputs, discount to appraisal rate	0.05	0.05

Fair Value Accounting and Mea_5

Fair Value Accounting and Measurement - Carrying Value and Estimated Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018
Financial assets
Investment securities available for sale	$ 315,580	$ 262,967
Investment securities held to maturity		42,990
Accrued interest receivable	3,931	4,048
Mortgage servicing rights, net	1,500	1,500
Financial liabilities
Accrued interest payable	373	521
Carrying Amount
Financial assets
Cash and cash equivalents	48,739	26,323
Investment securities available for sale	315,580	262,967
Investment securities held to maturity		43,503
Loans held for sale	503
Loans receivable, net	878,437	863,852
FHLB stock	6,034	6,927
Accrued interest receivable	3,931	4,048
Mortgage servicing rights, net	871	1,044
Financial liabilities
Borrowings	112,930	136,552
Accrued interest payable	373	521
Carrying Amount | Demand deposits
Financial liabilities
Deposits	693,565	678,908
Carrying Amount | Time deposits
Financial liabilities
Deposits	308,080	261,352
Estimated Fair Value
Financial assets
Cash and cash equivalents	48,739	26,323
Investment securities available for sale	315,580	262,967
Investment securities held to maturity		42,990
Loans held for sale	503
Loans receivable, net	858,101	840,861
FHLB stock	6,034	6,927
Accrued interest receivable	3,931	4,048
Mortgage servicing rights, net	1,486	1,479
Financial liabilities
Borrowings	113,076	137,153
Accrued interest payable	373	521
Estimated Fair Value | Demand deposits
Financial liabilities
Deposits	693,565	678,908
Estimated Fair Value | Time deposits
Financial liabilities
Deposits	308,819	259,549
Estimated Fair Value | Level 1
Financial assets
Cash and cash equivalents	48,739	26,323
Investment securities available for sale	0	0
Investment securities held to maturity		0
Loans held for sale	0
Loans receivable, net	0	0
FHLB stock	0	0
Accrued interest receivable	0	0
Mortgage servicing rights, net	0	0
Financial liabilities
Borrowings	0	0
Accrued interest payable	0	0
Estimated Fair Value | Level 1 | Demand deposits
Financial liabilities
Deposits	693,565	678,908
Estimated Fair Value | Level 1 | Time deposits
Financial liabilities
Deposits	0	0
Estimated Fair Value | Level 2
Financial assets
Cash and cash equivalents	0	0
Investment securities available for sale	315,580	262,967
Investment securities held to maturity		42,990
Loans held for sale	503
Loans receivable, net	0	0
FHLB stock	6,034	6,927
Accrued interest receivable	3,931	4,048
Mortgage servicing rights, net	0	0
Financial liabilities
Borrowings	113,076	137,153
Accrued interest payable	373	521
Estimated Fair Value | Level 2 | Demand deposits
Financial liabilities
Deposits	0	0
Estimated Fair Value | Level 2 | Time deposits
Financial liabilities
Deposits	308,819	259,549
Estimated Fair Value | Level 3
Financial assets
Cash and cash equivalents	0	0
Investment securities available for sale	0	0
Investment securities held to maturity		0
Loans held for sale	0
Loans receivable, net	858,101	840,861
FHLB stock	0	0
Accrued interest receivable	0	0
Mortgage servicing rights, net	1,486	1,479
Financial liabilities
Borrowings	0	0
Accrued interest payable	0	0
Estimated Fair Value | Level 3 | Demand deposits
Financial liabilities
Deposits	0	0
Estimated Fair Value | Level 3 | Time deposits
Financial liabilities
Deposits	$ 0	$ 0

Earnings per Share - Reconcilia

Earnings per Share - Reconciliation of Components Used to Compute Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Numerator:
Net income	$ 9,014	$ 7,105
Denominator:
Basic weighted average common shares outstanding (in shares)	9,845,021	10,331,902
Dilutive restricted stock grants (in shares)	78,089	102,535
Diluted weighted average common shares outstanding (in shares)	9,923,110	10,434,437
Basic earnings (in dollars per share)	$ 0.92	$ 0.69
Diluted earnings (in dollars per share)	$ 0.91	$ 0.68

Earnings per Share - Narrative

Earnings per Share - Narrative (Details) - shares	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018	Dec. 15, 2015
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Employee stock ownership plan (ESOP), shares purchased in open market (in shares)	1,048,029	1,048,029	1,048,029
Restricted Stock
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Anti-dilutive shares excluded from computation of earnings per share (in shares)	66,659	48,040

Noninterest Income (Details)

Noninterest Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Disaggregation of Revenue [Line Items]
Other income	$ 322	$ 315
Total noninterest income	7,012	5,919
Loan fees
Disaggregation of Revenue [Line Items]
Noninterest income within scope of ASC 606	347	807
Deposit fees
Disaggregation of Revenue [Line Items]
Noninterest income within scope of ASC 606	1,833	1,671
Debit interchange income
Disaggregation of Revenue [Line Items]
Noninterest income within scope of ASC 606	124	137
Credit card interchange income
Disaggregation of Revenue [Line Items]
Noninterest income within scope of ASC 606	1,765	1,740
Gain on loan sales, net
Disaggregation of Revenue [Line Items]
Noninterest income within scope of ASC 606	1,077	577
Investment securities gain (loss), net
Disaggregation of Revenue [Line Items]
Noninterest income within scope of ASC 606	836	77
Increase in cash surrender value of bank-owned life insurance
Disaggregation of Revenue [Line Items]
Noninterest income within scope of ASC 606	708	595
Investment services revenue
Disaggregation of Revenue [Line Items]
Other income	229	226
Gain or loss on subsidiary
Disaggregation of Revenue [Line Items]
Other income	68	68
Remaining other income
Disaggregation of Revenue [Line Items]
Other income	$ 25	$ 21

Parent Company Only Financial_3

Parent Company Only Financial Statements - Condensed Balance Sheet (Details) - USD ($) $ in Thousands	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
ASSETS
Cash and due from banks	$ 13,519	$ 15,430
Investment securities available for sale, at fair value	315,580	262,967
Accrued interest receivable	3,931	4,048
Prepaid expenses and other assets	8,872	5,520
Total assets	1,307,336	1,258,758
LIABILITIES AND SHAREHOLDERS' EQUITY
Total liabilities	1,130,485	1,086,494
Shareholders' equity	176,851	172,264	$ 177,045
Total liabilities and shareholders' equity	1,307,336	1,258,758
Consolidated company
ASSETS
Cash and due from banks	5,989	8,508
Investment securities available for sale, at fair value	11,684	14,189
Investment in bank	147,744	137,657
ESOP loan receivable	10,740	11,300
Accrued interest receivable	190	212
Prepaid expenses and other assets	704	534
Total assets	177,051	172,400
LIABILITIES AND SHAREHOLDERS' EQUITY
Payable to subsidiary	177	96
Other liabilities	23	40
Total liabilities	200	136
Shareholders' equity	176,851	172,264
Total liabilities and shareholders' equity	$ 177,051	$ 172,400

Parent Company Only Financial_4

Parent Company Only Financial Statements - Condensed Statements of Income (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Operating income:
Interest and fees on loans receivable	$ 40,166	$ 36,446
Interest on mortgage-backed and related securities	4,606	5,031
Interest on investment securities	3,965	3,831
Gain (loss) on sale of securities	836	77
Total interest income	49,313	45,805
Operating expenses:
Other expenses	2,559	2,559
Total noninterest expense	33,117	32,857
NET INCOME	9,014	7,105
Consolidated company
Operating income:
Interest and fees on loans receivable	268	282
Interest on mortgage-backed and related securities	134	209
Interest on investment securities	130	163
Gain (loss) on sale of securities	0	(59)
Total interest income	532	595
Operating expenses:
Other expenses	892	922
Total noninterest expense	892	922
Loss before benefit for income taxes and equity in undistributed earnings of subsidiary	(360)	(327)
Benefit for income taxes	(104)	(89)
Loss before equity in undistributed earnings of subsidiary	(256)	(238)
Equity in undistributed earnings of subsidiary	13,270	17,343
NET INCOME	$ 13,014	$ 17,105

Parent Company Only Financial_5

Parent Company Only Financial Statements - Condensed Statement of Cash Flows (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2019	Dec. 31, 2018
Cash flows from operating activities:
Net income	$ 9,014	$ 7,105
Adjustments to reconcile net income to net cash from operating activities:
Amortization and accretion of premiums and discounts on investments, net	1,791	1,825
Gain (loss) on sale of securities available for sale	(836)	(50)
Net cash from operating activities	14,097	13,337
Cash flows from investing activities:
Proceeds from maturities, calls, and principal repayments of securities available for sale	30,157	25,447
Proceeds from sales of securities available for sale	16,545	56,683
Net cash from investing activities	(19,950)	(60,725)
Cash flows from financing activities:
Repurchase of common stock	(7,830)	(10,003)
Dividends paid	(1,414)	(335)
Net cash from financing activities	28,269	36,910
Net (decrease) increase in cash	22,416	(10,478)
CASH AND CASH EQUIVALENTS, beginning of period	26,323	36,801
CASH AND CASH EQUIVALENTS, end of period	48,739	26,323
NONCASH INVESTING ACTIVITIES
Unrealized gain (loss) on securities available for sale	4,069	(3,993)
Consolidated company
Cash flows from operating activities:
Net income	13,014	17,105
Adjustments to reconcile net income to net cash from operating activities:
Equity in undistributed earnings of subsidiary	(13,270)	(17,343)
Dividend received from subsidiary	4,000	10,000
Amortization and accretion of premiums and discounts on investments, net	81	89
Gain (loss) on sale of securities available for sale	0	59
Change in payable to subsidiary	81	39
Change in other assets	(227)	(48)
Change in other liabilities	(17)	2
Net cash from operating activities	3,662	9,903
Cash flows from investing activities:
Proceeds from maturities, calls, and principal repayments of securities available for sale	2,808	3,191
Proceeds from sales of securities available for sale	0	1,979
ESOP loan repayment	560	546
Net cash from investing activities	3,368	5,716
Cash flows from financing activities:
Repurchase of common stock	(8,135)	(10,317)
Dividends paid	(1,414)	(335)
Net cash from financing activities	(9,549)	(10,652)
Net (decrease) increase in cash	(2,519)	4,967
CASH AND CASH EQUIVALENTS, beginning of period	8,508	3,541
CASH AND CASH EQUIVALENTS, end of period	5,989	8,508
NONCASH INVESTING ACTIVITIES
Unrealized gain (loss) on securities available for sale	$ 384	$ (104)