Loans

Schedule of activity in the allowance for credit losses by class


				Commercial
		Multifamily		Real Estate		1‑4 Family			Commercial		Consumer		Total

		(In thousands)
March 31, 2026
Allowance for credit losses:
Beginning balance		$	6,026	$	795	$	35		$	16,285	$	881	$	24,022
Provision (credit) for credit losses			1,670		41		(5)			705		289		2,700
Recoveries			—		—		—			—		1		1
Loans charged-off			(3,176)		—		—			—		(7)		(3,183)
Total ending allowance balance		$	4,520	$	836	$	30		$	16,990	$	1,164	$	23,540

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

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


	March 31, 2026
	2026		2025		2024		2023		2022		2021 and Prior		Revolving		Revolving-Term		Total

	(In thousands)
Multifamily:
Pass	$	30,120	$	45,228	$	26,340	$	104,348	$	25,963	$	151,196	$	—	$	—	$	383,195
Special Mention		—		—		—		—		—		5,984		—		—		5,984
Substandard		—		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—		—
Total		30,120		45,228		26,340		104,348		25,963		157,180		—		—		389,179
Current period gross charge-offs		—		3,176		—		—		—		—		—		—		3,176

Commercial real estate:
Pass		8,113		25,535		1,794		2,762		56,275		19,871		—		—		114,350
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—		—
Total		8,113		25,535		1,794		2,762		56,275		19,871		—		—		114,350
Current period gross charge-offs		—		—		—		—		—		—		—		—		—

1-4 family:
Pass		—		—		—		—		1,772		7,267		—		—		9,039
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—		—
Total		—		—		—		—		1,772		7,267		—		—		9,039
Current period gross charge-offs		—		—		—		—		—		—		—		—		—

Commercial:
Pass		29,158		92,057		41,077		21,317		5,539		1,047		1,065,010		13,485		1,268,690
Special Mention		—		—		—		—		1,290		—		4,989		—		6,279
Substandard		—		—		—		—		—		—		736		—		736
Doubtful		—		—		—		—		—		—		—		—		—
Total		29,158		92,057		41,077		21,317		6,829		1,047		1,070,735		13,485		1,275,705
Current period gross charge-offs		—		—		—		—		—		—		—		—		—

Consumer:
Pass		616		1,492		751		2,242		701		947		14,255		5,813		26,817
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—		—
Total		616		1,492		751		2,242		701		947		14,255		5,813		26,817
Current period gross charge-offs		—		—		—		—		7		—		—		—		7

Total:
Pass		68,007		164,312		69,962		130,669		90,250		180,328		1,079,265		19,298		1,802,091
Special Mention		—		—		—		—		1,290		5,984		4,989		—		12,263
Substandard		—		—		—		—		—		—		736		—		736
Doubtful		—		—		—		—		—		—		—		—		—
Total loans	$	68,007	$	164,312	$	69,962	$	130,669	$	91,540	$	186,312	$	1,084,990	$	19,298	$	1,815,090
Total current period gross charge-offs	$	—	$	3,176	$	—	$	—	$	7	$	—	$	—	$	—	$	3,183


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

	(In thousands)
Multifamily:
Pass	$	45,320	$	26,402	$	104,575	$	26,107	$	98,922	$	57,783	$	—	$	—	$	359,109
Special Mention		—		—		—		—		6,019		—		—		—		6,019
Substandard		7,836		—		—		—		—		—		—		—		7,836
Doubtful		—		—		—		—		—		—		—		—		—
Total		53,156		26,402		104,575		26,107		104,941		57,783		—		—		372,964
Current period gross charge-offs		—		—		—		—		—		3,275		—		—		3,275

Commercial real estate:
Pass		25,648		1,803		2,785		56,556		6,823		13,658		—		—		107,273
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—		—
Total		25,648		1,803		2,785		56,556		6,823		13,658		—		—		107,273
Current period gross charge-offs		—		—		—		—		—		—		—		—		—

1-4 family:
Pass		—		—		—		1,783		—		8,058		—		—		9,841
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—		—
Total		—		—		—		1,783		—		8,058		—		—		9,841
Current period gross charge-offs		—		—		—		—		—		79		—		—		79

Commercial:
Pass		115,547		40,222		25,418		6,247		1,154		271		1,046,671		3,036		1,238,566
Special Mention		—		—		—		1,290		—		—		4,989		—		6,279
Substandard		—		—		—		—		—		—		736		—		736
Doubtful		—		—		—		—		—		—		—		—		—
Total		115,547		40,222		25,418		7,537		1,154		271		1,052,396		3,036		1,245,581
Current period gross charge-offs		—		—		—		—		—		—		3,250⁽¹⁾		—		3,250⁽¹⁾

Consumer:
Pass		2,128		794		2,460		851		—		974		13,354		2,207		22,768
Special Mention		—		—		—		—		—		—		—		—		—
Substandard		—		—		—		—		—		—		—		—		—
Doubtful		—		—		—		—		—		—		—		—		—
Total		2,128		794		2,460		851		—		974		13,354		2,207		22,768
Current period gross charge-offs		—		—		—		57		—		—		—		—		57

Total:
Pass		188,643		69,221		135,238		91,544		106,899		80,744		1,060,025		5,243		1,737,557
Special Mention		—		—		—		1,290		6,019		—		4,989		—		12,298
Substandard		7,836		—		—		—		—		—		736		—		8,572
Doubtful		—		—		—		—		—		—		—		—		—
Total loans	$	196,479	$	69,221	$	135,238	$	92,834	$	112,918	$	80,744	$	1,065,750	$	5,243	$	1,758,427
Total current period gross charge-offs	$	—	$	—	$	—	$	57	$	—	$	3,354	$	3,250⁽¹⁾	$	—	$	6,661

(1)

Represents a commercial loan to a small business merchant.