Loans:

Schedule of activity in the allowance for credit losses by class (CECL and incurred loss methodologies)


			Commercial
	Multifamily		Real Estate		1‑4 Family		Commercial		Consumer		Total

	(In thousands)
March 31, 2025
Allowance for credit losses:
Beginning balance	$	5,116	$	691	$	52	$	14,283	$	837	$	20,979
Provision (credit) for credit losses		2,031		(28)		72		(455)		(120)		1,500
Recoveries		—		—		—		—		19		19
Loans charged-off		(2,940)		—		(79)		—		(18)		(3,037)
Total ending allowance balance	$	4,207	$	663	$	45	$	13,828	$	718	$	19,461

March 31, 2024
Allowance for credit losses:
Beginning balance	$	3,236	$	823	$	58	$	12,056	$	458	$	16,631
Provision (credit) for credit losses		75		(32)		3		575		379		1,000
Recoveries		—		—		—		—		19		19
Loans charged-off		—		—		—		—		(127)		(127)
Total ending allowance balance	$	3,311	$	791	$	61	$	12,631	$	729	$	17,523

Schedule of credit risk profile of loans, net of deferred fees and unearned premium, by internally assigned grade for non-revolving loans


	March 31, 2025
	2025		2024		2023		2022		2021		2020 and Prior		Revolving		Revolving-Term		Total

	(In thousands)
Multifamily:
Pass	$	14,557	$	26,575	$	104,906	$	26,511	$	106,853	$	77,598	$	—	$	—	$	357,000
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		8,000		—		—		8,000
Doubtful		—		—		—		—		—		—		—		—		—
Total		14,557		26,575		104,906		26,511		106,853		85,598		—		—		365,000
Current period gross charge-offs		—		—		—		—		—		2,940		—		—		2,940

Commercial real estate:
Pass		340		1,826		2,940		57,349		10,251		14,054		—		—		86,760
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—		—
Total		340		1,826		2,940		57,349		10,251		14,054		—		—		86,760
Current period gross charge-offs		—		—		—		—		—		—		—		—		—

1-4 family:
Pass		—		—		—		1,813		—		9,165		—		—		10,978
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—		—
Total		—		—		—		1,813		—		9,165		—		—		10,978
Current period gross charge-offs		—		—		—		—		—		79		—		—		79

Commercial:
Pass		29,566		45,499		29,289		16,212		1,831		536		804,301		3,189		930,423
Special Mention		—		—		—		—		—		—		3,986		—		3,986
Substandard		—		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—		—
Total		29,566		45,499		29,289		16,212		1,831		536		808,287		3,189		934,409
Current period gross charge-offs		—		—		—		—		—		—		—		—		—

Consumer:
Pass		454		1,857		3,510		1,758		—		1,250		9,882		—		18,711
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—		—
Total		454		1,857		3,510		1,758		—		1,250		9,882		—		18,711
Current period gross charge-offs		—		—		—		18		—		—		—		—		18

Total:
Pass		44,917		75,757		140,645		103,643		118,935		102,603		814,183		3,189		1,403,872
Special Mention		—		—		—		—		—		—		3,986		—		3,986
Substandard		—		—		—		—		—		8,000		—		—		8,000
Doubtful		—		—		—		—		—		—		—		—		—
Total loans	$	44,917	$	75,757	$	140,645	$	103,643	$	118,935	$	110,603	$	818,169	$	3,189	$	1,415,858
Total current period gross charge-offs	$	—	$	—	$	—	$	18	$	—	$	3,019	$	—	$	—	$	3,037


	December 31, 2024
	2024		2023		2022		2021		2020		2019 and Prior		Revolving		Revolving-Term		Total

	(In thousands)
Multifamily:
Pass	$	26,687	$	104,953	$	26,657	$	107,510	$	22,996	$	55,583	$	—	$	—	$	344,386
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		10,940		—		—		—		10,940
Doubtful		—		—		—		—		—		—		—		—		—
Total		26,687		104,953		26,657		107,510		33,936		55,583		—		—		355,326
Current period gross charge-offs		—		—		—		—		—		—		—		—		—

Commercial real estate:
Pass		1,834		3,040		57,620		10,315		1,714		12,471		—		—		86,994
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—		—
Total		1,834		3,040		57,620		10,315		1,714		12,471		—		—		86,994
Current period gross charge-offs		—		—		—		—		—		—		—		—		—

1-4 family:
Pass		—		—		1,823		—		—		12,846		—		—		14,669
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—		—
Total		—		—		1,823		—		—		12,846		—		—		14,669
Current period gross charge-offs		—		—		—		—		—		—		—		—		—

Commercial:
Pass		59,298		41,051		17,473		2,167		239		378		792,851		3,240		916,697
Special Mention		—		—		—		—		—		—		3,987		—		3,987
Substandard		—		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—		—
Total		59,298		41,051		17,473		2,167		239		378		796,838		3,240		920,684
Current period gross charge-offs		—		—		—		—		—		—		—		—		—

Consumer:
Pass		2,251		3,964		2,285		—		296		993		9,559		—		19,348
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—		—
Total		2,251		3,964		2,285		—		296		993		9,559		—		19,348
Current period gross charge-offs		—		38		352		—		—		—		—		—		390

Total:
Pass		90,070		153,008		105,858		119,992		25,245		82,271		802,410		3,240		1,382,094
Special Mention		—		—		—		—		—		—		3,987		—		3,987
Substandard		—		—		—		—		10,940		—		—		—		10,940
Doubtful		—		—		—		—		—		—		—		—		—
Total loans	$	90,070	$	153,008	$	105,858	$	119,992	$	36,185	$	82,271	$	806,397	$	3,240	$	1,397,021
Total current period gross charge-offs	$	—	$	38	$	352	$	—	$	—	$	—	$	—	$	—	$	390