XML 63 R26.htm IDEA: XBRL DOCUMENT v2.4.1.9
ALLOWANCE FOR LOAN LOSSES AND RESERVE FOR FIRST LOSS POSITION ON MULTIFAMILY LOANS SOLD TO FNMA (Tables)
 3 Months Ended
Mar. 31, 2015
ALLOWANCE FOR LOAN LOSSES AND RESERVE FOR FIRST LOSS POSITION ON MULTIFAMILY LOANS SOLD TO FNMA [Abstract]  
Allowance For Credit Losses For Impairment By Financing Receivables Class
The following table presents data regarding the allowance for loan losses and loans evaluated for impairment by class of loan within the real estate loan segment as well as for the aggregate consumer loan segment:

At or for the Three Months Ended March 31, 2015
 
Real Estate Loans
Consumer Loans
 
One- to Four Family Residential,
Including Condominium and
Cooperative
Apartment
Multifamily Residential and Residential Mixed Use
Commercial
Mixed Use Real Estate
Commercial Real Estate
Construction
Total Real Estate
 
Beginning balance
$150 
$13,852 
$1,644 
$2,823 
$- 
$18,469 
$24 
Provision (credit) for loan losses
61 
322 
(60)
(494)
-  
(171)
(1)
Charge-offs
(102) 
(1) 
(37)
-  
-  
(140)
(1)
Recoveries
2 
-  
19 
36 
-  
57 
-  
Ending balance
$111 
$14,173 
$1,566 
$2,365 
$- 
$18,215 
$22 
        
Ending balance – loans individually evaluated
   for impairment
$603 
$1,259 
$4,400 
$8,191 
$-  
$14,453 
$-  
Ending balance – loans collectively evaluated
   for impairment
70,379 
3,397,273 
331,017 
419,983 
- 
4,218,652 
1,612 
Allowance balance associated with loans
   individually evaluated for impairment
-  
-  
-  
-  
-  
-  
-  
Allowance balance associated with loans
   collectively evaluated for impairment
111 
14,173 
1,566 
2,365 
-  
18,215 
22 
Total Ending balance
$111 
$14,173 
$1,566 
$2,365 
$- 
$18,215 
$22 
 

 

At December 31, 2014
 
Real Estate Loans
Consumer Loans
 
One- to Four Family Residential,
Including Condominium and
Cooperative
Apartment
Multifamily Residential and Residential Mixed Use
Commercial
Mixed Use Real Estate
Commercial Real Estate
Construction
Total Real Estate
 
Ending balance – loans individually  
   evaluated for impairment
$605 
$1,272 
$4,400 
$13,707 
$-  
$19,984 
$-  
Ending balance – loans collectively evaluated
   for impairment
72,895 
3,297,176 
324,267 
403,089 
-  
4,097,427 
1,829 
Allowance balance associated with loans
   individually evaluated for impairment
-  
-  
-  
19 
-  
19 
-  
Allowance balance associated with loans
   collectively evaluated for impairment
150 
13,852 
1,644 
2,804 
-  
18,450 
24 
  

At or for the Three Months Ended March 31, 2014
 
Real Estate Loans
Consumer Loans
 
One- to Four Family Residential,
Including Condominium and
Cooperative
Apartment
Multifamily Residential and Residential Mixed Use
Commercial
Mixed Use Real Estate
Commercial Real Estate
Construction
Total Real Estate
 
Beginning balance
$236 
$13,840 
$3,003 
$3,047 
$3 
$20,129 
$24 
Provision (credit) for loan losses
49 
338 
(206) 
102 
(2)
281 
1 
Charge-offs
(9)
(37)
(30)
(108)
-  
(184)
-  
Recoveries
1 
170 
-  
7 
-  
178 
-  
Ending balance
$277 
$14,311 
$2,767 
$3,048 
$1 
$20,404 
$25 



The following tables summarize impaired real estate loans as of or for the periods indicated (by collateral type within the real estate loan segment):
  
At March 31, 2015
 
  
Unpaid Principal Balance at Period End
  
Recorded Investment
at Period End(1)
  
Reserve Balance Allocated within the Allowance for Loan Losses at Period End
 
One- to Four Family Residential, Including
   Condominium and Cooperative Apartment
      
   With no allocated reserve
 
$
643
  
$
603
  
$
-
 
   With an allocated reserve
  
-
   
-
   
-
 
Multifamily Residential and Residential Mixed Use
            
   With no allocated reserve
  
1,259
   
1,259
   
-
 
   With an allocated reserve
  
-
   
-
   
-
 
Commercial Mixed Use Real Estate
            
   With no allocated reserve
  
4,405
   
4,400
   
-
 
   With an allocated reserve
  
-
   
-
   
-
 
Commercial Real Estate
            
   With no allocated reserve
  
10,289
   
8,191
   
-
 
   With an allocated reserve
  
-
   
-
   
-
 
Construction
            
   With no allocated reserve
  
-
   
-
   
-
 
   With an allocated reserve
  
-
   
-
   
-
 
Total
            
   With no allocated reserve
 
$
16,596
  
$
14,453
  
$
-
 
   With an allocated reserve
 
$
-
  
$
-
  
$
-
 
(1)
The recorded investment excludes accrued interest receivable and loan origination fees, net, due to immateriality.


  
At December 31, 2014
 
  
Unpaid Principal Balance at Period End
  
Recorded Investment
at Period End(1)
  
Reserve Balance Allocated within the Allowance for Loan Losses at Period End
 
One- to Four Family Residential, Including
   Condominium and Cooperative Apartment
      
   With no allocated reserve
 
$
646
  
$
605
  
$
-
 
   With an allocated reserve
  
-
   
-
   
-
 
Multifamily Residential and Residential Mixed Use
            
   With no allocated reserve
  
1,272
   
1,272
   
-
 
   With an allocated reserve
  
-
   
-
   
-
 
Commercial Mixed Use Real Estate
            
   With no allocated reserve
  
4,425
   
4,400
   
-
 
   With an allocated reserve
  
-
   
-
   
-
 
Commercial Real Estate
            
   With no allocated reserve
  
10,306
   
8,207
   
-
 
   With an allocated reserve
  
5,500
   
5,500
   
19
 
Construction
            
   With no allocated reserve
  
-
   
-
   
-
 
   With an allocated reserve
  
-
   
-
   
-
 
Total
            
   With no allocated reserve
 
$
16,649
  
$
14,484
  
$
-
 
   With an allocated reserve
 
$
5,500
  
$
5,500
  
$
19
 
(1)
The recorded investment excludes accrued interest receivable and loan origination fees, net, due to immateriality.


 
Three Months Ended
March 31, 2015
  
Three Months Ended
March 31, 2014
 
 
Average Recorded Investment
  
Interest
Income Recognized
  
Average Recorded Investment
  
Interest
Income Recognized
 
One- to Four Family Residential, Including
   Condominium and Cooperative Apartment
       
   With no allocated reserve
$
604
  
$
12
  
$
959
  
$
15
 
   With an allocated reserve
 
-
   
-
   
106
   
-
 
Multifamily Residential and Residential Mixed Use
               
   With no allocated reserve
 
1,265
   
15
   
2,377
   
22
 
   With an allocated reserve
 
-
   
-
   
-
   
-
 
Commercial Mixed Use Real Estate
               
   With no allocated reserve
 
4,400
   
44
   
-
   
-
 
   With an allocated reserve
 
-
   
-
   
4,400
   
-
 
Commercial Real Estate
               
   With no allocated reserve
 
8,199
   
36
   
7,198
   
185
 
   With an allocated reserve
 
2,750
   
97
   
15,006
   
31
 
Construction
               
   With no allocated reserve
 
-
   
-
   
-
   
-
 
   With an allocated reserve
 
-
   
-
   
-
   
-
 
Total
               
   With no allocated reserve
$
14,468
  
$
107
  
$
10,534
  
$
222
 
   With an allocated reserve
$
2,750
  
$
97
  
$
19,512
  
$
31