v3.26.1
LOANS (Tables)
6 Months Ended
Jun. 30, 2026
LOANS  
Schedule of major classifications of loans

  ​ ​ ​

June 30, 2026

  ​ ​ ​

December 31, 2025

Mortgage loans on real estate:

 

  ​

 

  ​

Single family

$

41,531,364

$

41,228,633

Multifamily and nonresidential

 

21,897,824

 

21,432,455

Construction and land

 

2,658,635

 

2,652,831

Second mortgage

 

3,833,873

 

2,772,340

Commercial

 

7,202,149

 

7,657,780

Consumer loans

 

15,406,521

 

17,471,750

$

92,530,366

$

93,215,789

Less: Net deferred loan origination fees

 

(222,360)

 

(224,420)

Allowance for credit losses

 

(438,595)

 

(435,675)

Loans, net

$

91,869,411

$

92,555,694

Schedule of allowances for credit losses

  ​ ​ ​

  ​ ​ ​

Multifamily

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

Single

and non-

Construction

Second

Family

residential

and Land

Mortgage

Commercial

Consumer

Total

Three Months Ended June 30, 2026

Allowance for credit losses: Balance, April 1, 2026

$

232,710

$

102,474

$

10,230

$

446

$

18,957

$

72,169

$

436,986

Provision for credit losses

 

5,308

(1,969)

1,946

(9)

(3,979)

(1,297)

 

Charge offs

 

 

 

 

 

 

 

Recoveries

 

1,609

 

 

 

 

 

 

1,609

Balance, June 30, 2026

$

239,627

$

100,505

$

12,176

$

437

$

14,978

$

70,872

$

438,595

  ​ ​ ​

  ​ ​ ​

Multifamily

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

Single

and non-

Construction

Second

  ​ ​ ​

Family

  ​ ​ ​

residential

  ​ ​ ​

and Land

  ​ ​ ​

Mortgage

  ​ ​ ​

Commercial

  ​ ​ ​

Consumer

  ​ ​ ​

Total

Three Months Ended June 30, 2025

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

Allowance for credit losses: Balance, April 1, 2025

$

226,194

$

81,139

6,050

$

534

$

26,865

$

13,877

$

354,659

Provision for credit losses

 

(28,261)

 

(2,849)

 

391

 

(122)

 

(8,403)

 

52,184

 

12,940

Charge-offs

 

 

 

 

 

 

 

Recoveries

 

2,828

 

 

 

 

 

 

2,828

Balance, June 30, 2025

$

200,761

$

78,290

$

6,441

$

412

$

18,462

$

66,061

$

370,427

  ​ ​ ​

  ​ ​ ​

Multifamily

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

Single

and non-

Construction

Second

Family

residential

and Land

Mortgage

Commercial

Consumer

Total

Six Months Ended June 30, 2026

Allowance for credit losses: Balance, January 1, 2026

$

224,121

$

98,523

$

12,199

$

506

$

20,185

$

80,141

$

435,675

Provision for credit losses

 

12,586

1,982

(23)

(69)

(5,207)

(9,269)

 

Charge offs

 

 

 

 

 

 

 

Recoveries

 

2,920

 

 

 

 

 

 

2,920

Balance, June 30, 2026

$

239,627

$

100,505

$

12,176

$

437

$

14,978

$

70,872

$

438,595

  ​ ​ ​

  ​ ​ ​

Multifamily

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

Single

and non-

Construction

Second

  ​ ​ ​

Family

  ​ ​ ​

residential

  ​ ​ ​

and Land

  ​ ​ ​

Mortgage

  ​ ​ ​

Commercial

  ​ ​ ​

Consumer

  ​ ​ ​

Total

Six Months Ended June 30, 2025

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

Allowance for credit losses: Balance, January 1, 2025

$

226,570

$

83,899

$

4,017

$

268

$

25,665

$

11,418

$

351,837

Provision for credit losses

 

(31,459)

 

(5,609)

 

2,424

 

144

 

(7,203)

 

54,643

 

12,940

Charge-offs

 

 

 

 

 

 

 

Recoveries

 

5,650

 

 

 

 

 

 

5,650

Balance, June 30, 2025

$

200,761

$

78,290

$

6,441

$

412

$

18,462

$

66,061

$

370,427

Three Months Ended

Six Months Ended

  ​ ​ ​

June 30, 

June 30, 

2026

2025

2026

2025

Allowance for credit losses for unfunded loan commitments:

 

  ​

 

  ​

  ​

 

  ​

Beginning Balance

$

5,073

$

9,412

$

5,073

$

9,412

Provision (credit)

 

 

 

 

Ending Balance

$

5,073

$

9,412

$

5,073

$

9,412

Schedule of provision for credit losses

Three Months Ended

Six Months Ended

  ​ ​ ​

June 30, 

June 30, 

2026

2025

2026

2025

  ​

 

  ​

  ​

 

  ​

Loans

$

$

12,940

$

$

12,940

Unfunded loan commitments

 

 

 

 

Total

$

$

12,940

$

$

12,940

Schedule of loans by grading category and year

June 30, 2026

  ​ ​ ​

2026

  ​ ​ ​

2025

  ​ ​ ​

2024

  ​ ​ ​

2023

  ​ ​ ​

2022

  ​ ​ ​

Prior

  ​ ​ ​

Revolving

  ​ ​ ​

Total

Single family

Pass

$

2,293,126

$

5,828,052

$

3,184,041

$

3,606,281

$

6,092,035

$

20,417,883

$

$

41,421,418

Special mention

 

 

 

 

 

 

36,418

 

 

36,418

Substandard

 

 

 

 

 

 

73,528

 

 

73,528

Doubtful

 

 

 

 

 

 

 

 

Total

$

2,293,126

$

5,828,052

$

3,184,041

$

3,606,281

$

6,092,035

$

20,527,829

$

$

41,531,364

Gross charge offs

$

$

$

$

$

$

$

$

Multifamily and nonresidential

Pass

$

398,990

$

5,649,532

$

1,320,729

$

723,788

$

4,330,762

$

8,678,464

$

795,559

$

21,897,824

Special mention

 

 

 

 

 

 

 

 

Substandard

 

 

 

 

 

 

 

 

Doubtful

 

 

 

 

 

 

 

 

Total

$

398,990

$

5,649,532

$

1,320,729

$

723,788

$

4,330,762

$

8,678,464

$

795,559

$

21,897,824

Gross charge offs

$

$

$

$

$

$

$

$

Construction and land

Pass

$

$

1,958,171

$

$

300,782

$

65,463

$

334,219

$

$

2,658,635

Special mention

 

 

 

 

 

 

 

 

Substandard

 

 

 

 

 

 

 

 

Doubtful

 

 

 

 

 

 

 

 

Total

$

$

1,958,171

$

$

300,782

$

65,463

$

334,219

$

$

2,658,635

Gross charge offs

$

$

$

$

$

$

$

$

Second mortgage

Pass

$

$

52,993

$

$

23,862

$

$

17,661

$

3,739,357

$

3,833,873

Special mention

 

 

 

 

 

 

 

 

Substandard

 

 

 

 

 

 

 

 

Doubtful

 

 

 

 

 

 

 

 

Total

$

$

52,993

$

$

23,862

$

$

17,661

$

3,739,357

$

3,833,873

Gross charge-offs

$

$

$

$

$

$

$

$

Commercial

Pass

$

222,572

$

383,040

$

719,469

$

928,039

$

1,055,341

$

637,687

$

3,256,001

$

7,202,149

Special mention

 

 

 

 

 

 

 

 

Substandard

 

 

 

 

 

 

 

 

Doubtful

 

 

 

 

 

 

 

 

Total

$

222,572

$

383,040

$

719,469

$

928,039

$

1,055,341

$

637,687

$

3,256,001

$

7,202,149

Gross charge-offs

$

$

$

$

$

$

$

$

Consumer loans

Pass

$

1,425,346

$

12,570,873

$

1,387,440

$

$

$

22,862

$

$

15,406,521

Special mention

 

 

 

 

 

 

 

 

Substandard

 

 

 

 

 

 

 

 

Doubtful

 

 

 

 

 

 

 

 

Total

$

1,425,346

$

12,570,873

$

1,387,440

$

$

$

22,862

$

$

15,406,521

Gross charge-offs

$

$

$

$

$

$

$

$

December 31, 2025

  ​ ​ ​

2025

  ​ ​ ​

2024

  ​ ​ ​

2023

  ​ ​ ​

2022

  ​ ​ ​

2021

  ​ ​ ​

Prior

  ​ ​ ​

Revolving

  ​ ​ ​

Total

Single family

Pass

$

5,983,526

$

2,694,260

$

3,707,506

$

6,191,774

$

7,731,470

$

14,847,338

$

$

41,155,874

Special mention

 

 

 

 

 

 

41,414

 

 

41,414

Substandard

 

 

 

 

 

 

31,345

 

 

31,345

Doubtful

 

 

 

 

 

 

 

 

Total

$

5,983,526

$

2,694,260

$

3,707,506

$

6,191,774

$

7,731,470

$

14,920,097

$

$

41,228,633

Gross charge offs

$

$

$

$

$

$

$

$

Multifamily and nonresidential

Pass

$

5,703,362

$

1,338,858

$

981,509

$

4,425,969

$

1,975,842

$

7,006,915

$

$

21,432,455

Special mention

 

 

 

 

 

 

 

 

Substandard

 

 

 

 

 

 

 

 

Doubtful

 

 

 

 

 

 

 

 

Total

$

5,703,362

$

1,338,858

$

981,509

$

4,425,969

$

1,975,842

$

7,006,915

$

$

21,432,455

Gross charge offs

$

$

$

$

$

$

$

$

Construction and land

Pass

$

1,228,023

$

706,450

$

303,735

$

69,497

$

$

345,126

$

$

2,652,831

Special mention

 

 

 

 

 

 

 

 

Substandard

 

 

 

 

 

 

 

 

Doubtful

 

 

 

 

 

 

 

 

Total

$

1,228,023

$

706,450

$

303,735

$

69,497

$

$

345,126

$

$

2,652,831

Gross charge offs

$

$

$

$

$

$

$

$

Second mortgage

Pass

$

55,716

$

$

25,054

$

$

$

15,899

$

2,675,671

$

2,772,340

Special mention

 

 

 

 

 

 

 

 

Substandard

 

 

 

 

 

 

 

 

Doubtful

 

 

 

 

 

 

 

 

Total

$

55,716

$

$

25,054

$

$

$

15,899

$

2,675,671

$

2,772,340

Gross charge-offs

$

$

$

$

$

$

$

$

Commercial

Pass

$

395,075

$

882,621

$

1,006,291

$

1,236,962

$

110,556

$

756,438

$

3,269,837

$

7,657,780

Special mention

 

 

 

 

 

 

 

 

Substandard

 

 

 

 

 

 

 

 

Doubtful

 

 

 

 

 

 

 

 

Total

$

395,075

$

882,621

$

1,006,291

$

1,236,962

$

110,556

$

756,438

$

3,269,837

$

7,657,780

Gross charge-offs

$

$

$

$

$

$

$

$

Consumer loans

Pass

$

15,361,842

$

2,086,467

$

$

$

$

23,441

$

$

17,471,750

Special mention

 

 

 

 

 

 

 

 

Substandard

 

 

 

 

 

 

 

 

Doubtful

 

 

 

 

 

 

 

 

Total

$

15,361,842

$

2,086,467

$

$

$

$

23,441

$

$

17,471,750

Gross charge-offs

$

$

$

$

$

$

$

$

Schedule of loan portfolio aging analysis

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

90 Days

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

30-59 Days

60-89 Days

or

Total

  ​ ​ ​

Past Due

  ​ ​ ​

Past Due

  ​ ​ ​

Greater

  ​ ​ ​

Past Due

  ​ ​ ​

Current

  ​ ​ ​

Total

June 30, 2026

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

Mortgage loans on real estate:

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

Single family

$

63,922

$

$

47,584

$

111,506

$

41,419,858

$

41,531,364

Multifamily and nonresidential

 

 

 

 

 

21,897,824

 

21,897,824

Construction and land

 

 

 

 

 

2,658,635

 

2,658,635

Second mortgage

 

 

 

 

 

3,833,873

 

3,833,873

Commercial

 

 

 

 

 

7,202,149

 

7,202,149

Consumer

 

 

 

 

 

15,406,521

 

15,406,521

Total

$

63,922

$

$

47,584

$

111,506

$

92,418,860

$

92,530,366

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

90 Days

  ​ ​ ​

  ​ ​ ​

  ​ ​ ​

30-59 Days

60-89 Days

or

Total

  ​ ​ ​

Past Due

  ​ ​ ​

Past Due

  ​ ​ ​

Greater

  ​ ​ ​

Past Due

  ​ ​ ​

Current

  ​ ​ ​

Total

December 31, 2025

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

Mortgage loans on real estate:

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

 

  ​

Single family

$

85,171

$

31,772

$

2,213

$

119,156

$

41,109,477

$

41,228,633

Multifamily and nonresidential

 

 

 

 

 

21,432,455

 

21,432,455

Construction and land

 

 

 

 

 

2,652,831

 

2,652,831

Second mortgage

 

 

 

 

 

2,772,340

 

2,772,340

Commercial

 

 

 

 

 

7,657,780

 

7,657,780

Consumer

 

 

 

 

 

17,471,750

 

17,471,750

Total

$

85,171

$

31,772

$

2,213

$

119,156

$

93,096,633

$

93,215,789

Schedule of nonaccrual loans

  ​ ​ ​

June 30, 2026

  ​ ​ ​

December 31, 2025

Single family

$

90,132

$

104,146

Multifamily and nonresidential

 

 

Total

$

90,132

$

104,146