Notes Tables

Schedule of loans modifications made to borrowers


	For the three and six months ended June 30, 2025
(Dollars in thousands)	Term Extension and Reduced Interest Rate
Loan Modifications Made to Borrowers Experiencing Financial Difficulty	Number		Amortized Cost Basis	% of Total Class of Financing Receivable		Financial Effect
Commercial real estate	1	$	8,400	0.4	%	Borrower to make interest only payments through December 2026 (18 months) and rate reduced to 6.00% from 7.22%
Total	1	$	8,400


	For the six months ended June 30, 2024
(Dollars in thousands)	Term Extension and Reduced Interest Rate
Loan Modifications Made to Borrowers Experiencing Financial Difficulty	Number	Amortized Cost Basis		% of Total Class of Financing Receivable		Financial Effect
Commercial business and other	1	$	378	—	%	Extended Maturity to August 2026 (3 months) and reduced the interest rate to zero percent
Total	1	$	378

Schedule of non-accrual loans at amortized cost with no related allowance and interest income recognized for loans ninety days or more past due and still accruing


	At or for the six months ended June 30, 2025
(In thousands)		Non-accrual amortized cost beginning of the reporting period		Non-accrual amortized cost end of the reporting period		Non-accrual with no related allowance		Interest income recognized		Loans ninety days or more past due and still accruing
Multi-family residential	$	11,707	$	13,843	$	8,282	$	29	$	—
Commercial real estate		6,376		23,708		6,799		—		—
One-to-four family - mixed-use property		117		441		441		6		—
One-to-four family - residential		812		1,657		1,657		2		—
Small Business Administration		2,531		2,526		2,526		—		—
Commercial business and other		12,454		8,857		4,287		—		—
Total	$	33,997	$	51,032	$	23,992	$	37	$	—


	At or for the year ended December 31, 2024
(In thousands)		Non-accrual amortized cost beginning of the reporting period		Non-accrual amortized cost end of the reporting period		Non-accrual with no related allowance		Interest income recognized		Loans ninety days or more past due and still accruing
Multi-family residential	$	3,640	$	11,707	$	6,476	$	5	$	—
Commercial real estate		—		6,376		6,376		—		—
One-to-four family - mixed-use property		1,005		117		117		1		—
One-to-four family - residential		4,670		812		812		2		—
Small Business Administration		2,576		2,531		2,531		—		—
Commercial business and other		11,768		12,454		6,046		3		—
Total	$	23,659	$	33,997	$	22,358	$	11	$	—

Summary of aging analysis of amortized cost basis of loans


	At June 30, 2025
(In thousands)	30 - 59 Days Past Due		60 - 89 Days Past Due		Greater than 90 Days		Total Past Due		Current		Total Loans ⁽¹⁾
Multi-family residential	$	1,186	$	1,797	$	13,843	$	16,826	$	2,476,212	$	2,493,038
Commercial real estate		1,990		16,909		6,799		25,698		1,963,758		1,989,456
One-to-four family - mixed-use property		2,748		1,037		441		4,226		492,041		496,267
One-to-four family - residential		2,293		—		1,657		3,950		255,055		259,005
Construction		—		—		—		—		46,587		46,587
Small Business Administration		134		—		2,526		2,660		13,047		15,707
Commercial business and other		23		—		7,149		7,172		1,401,426		1,408,598
Total	$	8,374	$	19,743	$	32,415	$	60,532	$	6,648,126	$	6,708,658

(1) The table above excludes the unallocated portfolio layer basis adjustments totaling $0.9 million related to loans hedged in a closed pool. See Note 11 (“Derivative Financial Instruments”) of the Notes to the Consolidated Financial Statements.


	At December 31, 2024
(In thousands)	30 - 59 Days Past Due		60 - 89 Days Past Due		Greater than 90 Days		Total Past Due		Current		Total Loans ⁽¹⁾
Multi-family residential	$	12,596	$	9,255	$	11,707	$	33,558	$	2,498,055	$	2,531,613
Commercial real estate		4,846		—		6,376		11,222		1,963,400		1,974,622
One-to-four family - mixed-use property		870		1,234		117		2,221		511,717		513,938
One-to-four family - residential		802		65		812		1,679		242,914		244,593
Construction		—		—		—		—		60,114		60,114
Small Business Administration		—		—		2,531		2,531		17,664		20,195
Commercial business and other		409		2,239		12,432		15,080		1,387,718		1,402,798
Total	$	19,523	$	12,793	$	33,975	$	66,291	$	6,681,582	$	6,747,873

(1) The table above excludes the unallocated portfolio layer basis adjustments totaling $2.0 million related to loans hedged in a closed pool. See Note 11 (“Derivative Financial Instruments”) of the Notes to the Consolidated Financial Statements.

Summary of risk category of mortgage and non-mortgage loans by loan portfolio segments and class of loans by year of origination


	June 30, 2025
														Revolving Loans		Revolving Loans
														Amortized Cost		converted to
(In thousands)		2025		2024		2023		2022		2021		Prior		Basis		term loans		Total
Multi-family Residential
Pass	$	32,183	$	115,266	$	229,466	$	408,332	$	266,636	$	1,381,280	$	3,019	$	—	$	2,436,182
Watch		—		929		—		2,168		2,519		33,064		—		—		38,680
Special Mention		—		—		—		—		694		2,106		—		—		2,800
Substandard		—		—		—		816		—		14,560		—		—		15,376
Total Multi-family Residential	$	32,183	$	116,195	$	229,466	$	411,316	$	269,849	$	1,431,010	$	3,019	$	—	$	2,493,038
Gross charge-offs	$	—	$	—	$	—	$	1,681	$	—	$	—	$	—	$	—	$	1,681
Commercial Real Estate
Pass	$	96,909	$	196,460	$	193,626	$	301,381	$	138,181	$	950,080	$	—	$	—	$	1,876,637
Watch		—		1,990		4,128		425		7,449		66,550		—		—		80,542
Special Mention		8,400		—		—		—		—		165		—		—		8,565
Substandard		—		—		—		—		—		23,712		—		—		23,712
Total Commercial Real Estate	$	105,309	$	198,450	$	197,754	$	301,806	$	145,630	$	1,040,507	$	—	$	—	$	1,989,456
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	72	$	—	$	—	$	72
1-4 Family Mixed-Use Property
Pass	$	5,254	$	17,657	$	22,280	$	44,622	$	38,657	$	360,089	$	—	$	—	$	488,559
Watch		—		—		—		—		—		5,202		—		—		5,202
Special Mention		—		—		—		—		—		1,708		—		—		1,708
Substandard		—		—		—		—		—		798		—		—		798
Total 1-4 Family Mixed-Use Property	$	5,254	$	17,657	$	22,280	$	44,622	$	38,657	$	367,797	$	—	$	—	$	496,267
1-4 Family Residential
Pass	$	—	$	11,119	$	62,111	$	32,382	$	6,828	$	126,048	$	5,493	$	7,859	$	251,840
Watch		—		—		—		489		—		3,378		—		1,585		5,452
Special Mention		—		—		—		—		—		57		—		—		57
Substandard		—		—		—		—		—		1,154		—		502		1,656
Total 1-4 Family Residential	$	—	$	11,119	$	62,111	$	32,871	$	6,828	$	130,637	$	5,493	$	9,946	$	259,005
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	5	$	—	$	—	$	5
Construction
Pass	$	724	$	—	$	—	$	—	$	—	$	—	$	27,675	$	—	$	28,399
Watch		—		—		—		—		18,188		—		—		—		18,188
Special Mention		—		—		—		—		—		—		—		—		—
Total Construction	$	724	$	—	$	—	$	—	$	18,188	$	—	$	27,675	$	—	$	46,587
Small Business Administration
Pass	$	2,895	$	1,734	$	1,145	$	3,173	$	985	$	2,589	$	—	$	—	$	12,521
Watch		—		—		—		—		—		283		—		—		283
Special Mention		—		—		—		—		—		173		—		—		173
Substandard		—		—		—		—		1,690		1,040		—		—		2,730
Total Small Business Administration	$	2,895	$	1,734	$	1,145	$	3,173	$	2,675	$	4,085	$	—	$	—	$	15,707
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	2	$	—	$	—	$	2
Commercial Business
Pass	$	47,306	$	93,061	$	82,067	$	66,317	$	23,069	$	98,378	$	201,803	$	—	$	612,001
Watch		78		241		4,133		—		3,447		5,910		2,499		—		16,308
Special Mention		—		—		—		—		—		10		—		—		10
Substandard		—		681		354		2,156		—		34		8,476		—		11,701
Doubtful		—		—		—		—		—		1,707		—		—		1,707
Total Commercial Business	$	47,384	$	93,983	$	86,554	$	68,473	$	26,516	$	106,039	$	212,778	$	—	$	641,727
Gross charge-offs	$	—	$	—	$	871	$	2,621	$	—	$	1,953	$	94	$	—	$	5,539
Commercial Business - Secured by RE
Pass	$	50,021	$	67,279	$	43,844	$	165,219	$	121,034	$	288,408	$	—	$	—	$	735,805
Watch		—		8,608		—		—		1,268		18,238		—		—		28,114
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		2,757		—		—		2,757
Total Commercial Business - Secured by RE	$	50,021	$	75,887	$	43,844	$	165,219	$	122,302	$	309,403	$	—	$	—	$	766,676
Other
Pass	$	—	$	—	$	—	$	—	$	—	$	106	$	89	$	—	$	195
Total Other	$	—	$	—	$	—	$	—	$	—	$	106	$	89	$	—	$	195
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	29	$	—	$	—	$	29
Total by Loan Type
Total Pass	$	235,292	$	502,576	$	634,539	$	1,021,426	$	595,390	$	3,206,978	$	238,079	$	7,859	$	6,442,139
Total Watch		78		11,768		8,261		3,082		32,871		132,625		2,499		1,585		192,769
Total Special Mention		8,400		—		—		—		694		4,219		—		—		13,313
Total Substandard		—		681		354		2,972		1,690		44,055		8,476		502		58,730
Total Doubtful		—		—		—		—		—		1,707		—		—		1,707
Total Loans ⁽¹⁾	$	243,770	$	515,025	$	643,154	$	1,027,480	$	630,645	$	3,389,584	$	249,054	$	9,946	$	6,708,658
Total Gross charge-offs	$	—	$	—	$	871	$	4,302	$	—	$	2,061	$	94	$	—	$	7,328

⁽¹⁾The table above excludes the unallocated portfolio layer basis adjustments totaling $0.9 million related to loans hedged in a closed pool at June 30, 2025. See Note 11 (“Derivative Financial Instruments”) of the Notes to the Consolidated Financial Statements.


	December 31, 2024
														Revolving Loans		Revolving Loans
														Amortized Cost		converted to
(In thousands)		2024		2023		2022		2021		2020		Prior		Basis		term loans		Total
Multi-family Residential
Pass	$	116,814	$	248,004	$	375,084	$	272,747	$	195,539	$	1,250,368	$	5,369	$	—	$	2,463,925
Watch		—		—		7,587		—		2,724		31,665		—		—		41,976
Special Mention		—		—		10,163		—		—		2,388		—		—		12,551
Substandard		—		—		—		704		2,811		9,646		—		—		13,161
Total Multi-family Residential	$	116,814	$	248,004	$	392,834	$	273,451	$	201,074	$	1,294,067	$	5,369	$	—	$	2,531,613
Commercial Real Estate
Pass	$	199,396	$	197,228	$	310,725	$	144,569	$	122,576	$	924,520	$	—	$	—	$	1,899,014
Watch		—		—		430		4,023		6,660		58,119		—		—		69,232
Substandard		—		—		—		—		—		6,376		—		—		6,376
Total Commercial Real Estate	$	199,396	$	197,228	$	311,155	$	148,592	$	129,236	$	989,015	$	—	$	—	$	1,974,622
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	421	$	—	$	—	$	421
1-4 Family Mixed-Use Property
Pass	$	17,759	$	23,552	$	45,487	$	40,515	$	27,448	$	352,004	$	—	$	—	$	506,765
Watch		—		—		—		—		—		5,338		—		—		5,338
Special Mention		—		—		—		—		445		1,273		—		—		1,718
Substandard		—		—		—		—		—		117		—		—		117
Total 1-4 Family Mixed-Use Property	$	17,759	$	23,552	$	45,487	$	40,515	$	27,893	$	358,732	$	—	$	—	$	513,938
1-4 Family Residential
Pass	$	2,136	$	53,556	$	22,382	$	7,117	$	16,039	$	121,653	$	6,256	$	8,588	$	237,727
Watch		—		—		496		254		—		2,769		113		1,265		4,897
Special Mention		—		—		—		—		—		838		—		215		1,053
Substandard		—		—		—		—		—		477		—		439		916
Total 1-4 Family Residential	$	2,136	$	53,556	$	22,878	$	7,371	$	16,039	$	125,737	$	6,369	$	10,507	$	244,593
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	14	$	—	$	—	$	14
Construction
Pass	$	—	$	51	$	2	$	18,215	$	—	$	—	$	39,230	$	—	$	57,498
Watch		—		—		—		—		—		—		—		—		—
Special Mention		—		2,616		—		—		—		—		—		—		2,616
Total Construction	$	—	$	2,667	$	2	$	18,215	$	—	$	—	$	39,230	$	—	$	60,114
Small Business Administration
Pass	$	7,356	$	1,906	$	3,211	$	1,092	$	1,672	$	1,123	$	—	$	—	$	16,360
Watch		—		—		—		—		—		774		—		—		774
Special Mention		—		—		—		—		—		325		—		—		325
Substandard		—		—		—		1,691		—		1,045		—		—		2,736
Total Small Business Administration	$	7,356	$	1,906	$	3,211	$	2,783	$	1,672	$	3,267	$	—	$	—	$	20,195
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	7	$	—	$	—	$	7
Commercial Business
Pass	$	109,139	$	92,916	$	71,479	$	29,665	$	17,744	$	99,620	$	208,419	$	—	$	628,982
Watch		166		4,850		—		1,630		4,310		1,720		1,500		—		14,176
Special Mention		—		—		—		—		—		16		—		—		16
Substandard		716		429		4,891		—		—		3,119		3,856		—		13,011
Doubtful		—		462		—		—		—		—		570		—		1,032
Total Commercial Business	$	110,021	$	98,657	$	76,370	$	31,295	$	22,054	$	104,475	$	214,345	$	—	$	657,217
Gross charge-offs	$	—	$	—	$	—	$	4,121	$	—	$	266	$	3,083	$	—	$	7,470
Commercial Business - Secured by RE
Pass	$	68,613	$	45,976	$	169,904	$	125,523	$	99,794	$	203,839	$	673	$	—	$	714,322
Watch		8,671		—		—		—		3,721		396		—		—		12,788
Special Mention		—		—		—		—		—		14,418		—		—		14,418
Substandard		—		—		—		—		—		3,884		—		—		3,884
Total Commercial Business - Secured by RE	$	77,284	$	45,976	$	169,904	$	125,523	$	103,515	$	222,537	$	673	$	—	$	745,412
Other
Pass	$	—	$	—	$	—	$	—	$	—	$	85	$	84	$	—	$	169
Total Other	$	—	$	—	$	—	$	—	$	—	$	85	$	84	$	—	$	169
Gross charge-offs	$	—	$	—	$	—	$	—	$	—	$	57	$	—	$	—	$	57
Total by Loan Type
Total Pass	$	521,213	$	663,189	$	998,274	$	639,443	$	480,812	$	2,953,212	$	260,031	$	8,588	$	6,524,762
Total Watch		8,837		4,850		8,513		5,907		17,415		100,781		1,613		1,265		149,181
Total Special Mention		—		2,616		10,163		—		445		19,258		—		215		32,697
Total Substandard		716		429		4,891		2,395		2,811		24,664		3,856		439		40,201
Total Doubtful		—		462		—		—		—		—		570		—		1,032
Total Loans ⁽¹⁾	$	530,766	$	671,546	$	1,021,841	$	647,745	$	501,483	$	3,097,915	$	266,070	$	10,507	$	6,747,873
Total Gross charge-offs	$	—	$	—	$	—	$	4,121	$	—	$	765	$	3,083	$	—	$	7,969

⁽¹⁾ The table above excludes the unallocated portfolio layer basis adjustments totaling $2.0 million related to loans hedged in a closed pool at December 31, 2024. See Note 11 (“Derivative Financial Instruments”) of the Notes to the Consolidated Financial Statements.

Summary of allowance for off balance sheet


	For the three months ended				For the six months ended
	June 30,				June 30,
(In thousands)		2025		2024		2025		2024
Balance at beginning of period	$	1,374		996	$	1,037		1,102
Provision (benefit) ⁽¹⁾		(398)		6		(61)		(100)
Allowance for Off-Balance Sheet - Credit losses ⁽²⁾	$	976	$	1,002	$	976	$	1,002

(1) Included in “Other operating expenses” on the Consolidated Statements of Operations.

(2) Included in “Other liabilities” on the Consolidated Statements of Financial Condition.