v3.25.1
Note 4 - Loans (Tables)
3 Months Ended
Mar. 31, 2025
Notes Tables  
Financing Receivable, Loans Outstanding By Class Of Loans [Table Text Block]

(in thousands)

 

March 31, 2025

  

December 31, 2024

 

Commercial and industrial

 $134,095  $136,732 

Commercial mortgages:

        

Multifamily

  840,726   848,558 

Other

  841,829   851,277 

Owner-occupied

  247,326   263,272 

Residential mortgages:

        

Closed end

  1,065,380   1,084,090 

Revolving home equity

  33,452   36,468 

Consumer and other

  1,126   1,210 
  $3,163,934  $3,221,607 
Financing Receivable, Allowance for Credit Loss [Table Text Block]
  

Balance at

          

Provision (Credit) for

  

Balance at

 

(in thousands)

 

1/1/2025

  

Chargeoffs

  

Recoveries

  

Credit Losses

  

3/31/2025

 

Commercial and industrial

 $1,365  $(348) $179  $207  $1,403 

Commercial mortgages:

                    

Multifamily

  8,734         (143)  8,591 

Other

  7,597         (4)  7,593 

Owner-occupied

  3,243         (156)  3,087 

Residential mortgages:

                    

Closed end

  7,107   (22)     269   7,354 

Revolving home equity

  269         (5)  264 

Consumer and other

  16            16 
  $28,331  $(370) $179  $168  $28,308

 

  

Balance at

          

Provision (Credit) for

  

Balance at

 

(in thousands)

 

1/1/2024

  

Chargeoffs

  

Recoveries

  

Credit Losses

  

3/31/2024

 

Commercial and industrial

 $2,030  $(664) $7  $2  $1,375 

Commercial mortgages:

                    

Multifamily

  6,817         1,297   8,114 

Other

  7,850         (311)  7,539 

Owner-occupied

  3,104         (102)  3,002 

Residential mortgages:

                    

Closed end

  8,838         (857)  7,981 

Revolving home equity

  339         (30)  309 

Consumer and other

  14         1   15 
  $28,992  $(664) $7  $  $28,335 
Financing Receivable, Past Due [Table Text Block]
  

March 31, 2025

 
  

Past Due

  

Nonaccrual

             

(in thousands)

 

30-59 Days

  

60-89 Days

  

90 Days or More and Still Accruing

  

With an Allowance for Credit Loss

  

With No Allowance for Credit Loss

  

Total Past Due Loans & Nonaccrual Loans

  

Current

  

Total Loans

 

Commercial and industrial

 $  $  $  $  $  $  $134,095  $134,095 

Commercial mortgages:

                                

Multifamily

  6,798         1,184      7,982   832,744   840,726 

Other

                    841,829   841,829 

Owner-occupied

  95               95   247,231   247,326 

Residential mortgages:

                                

Closed end

  559            2,326   2,885   1,062,495   1,065,380 

Revolving home equity

                    33,452   33,452 

Consumer and other

                    1,126   1,126 
  $7,452  $  $  $1,184  $2,326  $10,962  $3,152,972  $3,163,934 
  

December 31, 2024

 

Commercial and industrial

 $174  $96  $  $  $  $270  $136,462  $136,732 

Commercial mortgages:

                                

Multifamily

           1,190      1,190   847,368   848,558 

Other

                    851,277   851,277 

Owner-occupied

                    263,272   263,272 

Residential mortgages:

                                

Closed end

              2,039   2,039   1,082,051   1,084,090 

Revolving home equity

                    36,468   36,468 

Consumer and other

                    1,210   1,210 
  $174  $96  $  $1,190  $2,039  $3,499  $3,218,108  $3,221,607 
Financing Receivable Credit Quality Indicators [Table Text Block]
  

March 31, 2025

 
  

Term Loans by Origination Year

  

Revolving

     

(in thousands)

 

2025

  

2024

  

2023

  

2022

  

2021

  

Prior

  

Loans (1)

  

Total

 

Commercial and industrial:

                                

Risk rating:

                                

Pass

 $6,431  $52,334  $16,123  $21,369  $10,072  $14,137  $6,869  $127,335 

Watch

     2,925   409      2,727         6,061 

Special Mention

           196            196 

Substandard

        503               503 

Doubtful

                        
  $6,431  $55,259  $17,035  $21,565  $12,799  $14,137  $6,869  $134,095 
                                 

Current-period gross chargeoffs

 $  $  $  $  $  $  $(348) $(348)
                                 

Commercial mortgages – multifamily:

                             

Risk rating:

                                

Pass

 $  $30,063  $41,395  $179,808  $165,203  $412,083  $125  $828,677 

Watch

                        

Special Mention

     4,067      6,798            10,865 

Substandard

                 1,184      1,184 

Doubtful

                        
  $  $34,130  $41,395  $186,606  $165,203  $413,267  $125  $840,726 
                                 

Current-period gross chargeoffs

 $  $  $  $  $  $  $  $ 
                                 

Commercial mortgages – other:

                             

Risk rating:

                                

Pass

 $4,230  $76,709  $66,463  $191,070  $212,468  $270,491  $22  $821,453 

Watch

                        

Special Mention

                 5,844      5,844 

Substandard

                 14,532      14,532 

Doubtful

                        
  $4,230  $76,709  $66,463  $191,070  $212,468  $290,867  $22  $841,829 
                                 

Current-period gross chargeoffs

 $  $  $  $  $  $  $  $ 
                                 

Commercial mortgages – owner-occupied:

                             

Risk rating:

                                

Pass

 $  $33,964  $21,742  $47,752  $43,458  $89,022  $2,290  $238,228 

Watch

        238      4,817         5,055 

Special Mention

           3,191   852         4,043 

Substandard

                        

Doubtful

                        
  $  $33,964  $21,980  $50,943  $49,127  $89,022  $2,290  $247,326 
                                 

Current-period gross chargeoffs

 $  $  $  $  $  $  $  $ 
  

March 31, 2025

 
  

Term Loans by Origination Year

  

Revolving

     

(in thousands)

 

2025

  

2024

  

2023

  

2022

  

2021

  

Prior

  

Loans (1)

  

Total

 

Residential mortgages (2):

                                

Risk rating:

                                

Pass

 $  $6,163  $26,120  $184,727  $153,766  $691,638  $33,452  $1,095,866 

Watch

                        

Special Mention

                        

Substandard

                 2,908      2,908 

Doubtful

                        
  $  $6,163  $26,120  $184,727  $153,766  $694,546  $33,452  $1,098,774 
                                 

Current-period gross chargeoffs

 $  $  $  $  $  $(22) $  $(22)
                                 

Consumer and other:

                                

Risk rating:

                                

Pass

 $  $  $34  $133  $  $100  $810  $1,077 

Watch

                        

Special Mention

                        

Substandard

                        

Doubtful

                        

Not Rated

                    49   49 
  $  $  $34  $133  $  $100  $859  $1,126 
                                 

Current-period gross chargeoffs

 $  $  $  $  $  $  $  $ 
                                 

Total Loans

 $10,661  $206,225  $173,027  $635,044  $593,363  $1,501,939  $43,617  $3,163,876 

Total gross chargeoffs

 $  $  $  $  $  $(22) $(348) $(370)