XML 66 R27.htm IDEA: XBRL DOCUMENT v3.3.0.814
ALLOWANCE FOR LOAN LOSSES AND RESERVE FOR FIRST LOSS POSITION ON MULTIFAMILY LOANS SOLD TO FNMA (Tables)
9 Months Ended
Sep. 30, 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 September 30, 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
$126 
$14,374 
$1,682 
$2,349 
$-  
$18,531 
$22 
Provision (credit) for loan losses
19 
288 
92 
18 
-  
417
(1)
Charge-offs
(6)
(1)
-  
(4)
-  
(11)
-  
Recoveries
-  
-  
-  
-  
-  
Ending balance
$140 
$14,661 
$1,774 
$2,363 
$- 
$18,938 
$21 
        
Ending balance – loans individually evaluated for impairment
$599 
$1,252 
$4,365 
$3,651 
$-  
$9,867 
$-  
Ending balance – loans collectively evaluated for impairment
69,019 
3,566,121 
376,057 
469,560 
-  
4,480,757 
1,468 
Allowance balance associated with loans individually evaluated for impairment
-  
-  
-  
-  
-  
-  
-  
Allowance balance associated with loans collectively evaluated for impairment
140 
14,661 
1,774 
2,363 
-  
18,938 
21 
Total Ending balance
$140 
$14,661 
$1,774 
$2,363 
$- 
$18,938 
$21 

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 September 30, 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
$304 
$14,319 
$1,609 
$3,377 
$-  
$19,609 
$24 
Provision (credit) for loan losses
(88)
(115)
198 
(498)
-  
(503)
Charge-offs
(14)
(19)
-  
(22)
-  
(55)
-  
Recoveries
-  
19 
-  
21 
-  
Ending balance
$203 
$14,185 
$1,826 
$2,858 
$-  
$19,072 
$26 



At or for the Nine Months Ended September 30, 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
99 
848 
143 
(1,980)
-  
(890)
(1)
Charge-offs
(113)
(42)
(37)
(5)
-  
(197)
(2)
Recoveries
24 
1,525 
-  
1,556 
-  
Ending balance
$140 
$14,661 
$1,774 
$2,363 
$- 
$18,938 
$21 

At or for the Nine Months Ended September 30, 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
(118)
239 
(1,508)
34 
(3)
(1,356)
Charge-offs
(37)
(69)
(30)
(232)
-  
(368)
(4)
Recoveries
122 
175 
361 
-  
667 
-  
Ending balance
$203 
$14,185 
$1,826 
$2,858 
$-  
$19,072 
$26 

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 September 30, 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
$638
$599
$- 
   With an allocated reserve
Multifamily Residential and Residential Mixed Use
   
   With no allocated reserve
1,252
1,252
   With an allocated reserve
Commercial Mixed Use Real Estate
   
   With no allocated reserve
4,365 
4,365
   With an allocated reserve
Commercial Real Estate
   
   With no allocated reserve
3,658
3,651
   With an allocated reserve
Construction
   
   With no allocated reserve
   With an allocated reserve
Total
   
   With no allocated reserve
$9,913
$9,867
$-
   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
September 30, 2015
 
Three Months Ended
September 30, 2014
 
Nine Months Ended
September 30, 2015
 
Nine Months Ended
September 30, 2014
 
Average Recorded Investment
Interest
Income Recognized
 
Average Recorded Investment
Interest
Income Recognized
 
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
$601
$11
 
$769
$12
 
$602
$34
 
$783
$47
   With an allocated reserve
-
 
-
 
 
52
Multifamily Residential and Residential Mixed Use
           
   With no allocated reserve
1,074
10
 
2,483
16
 
1,123
56
 
2,366
72
   With an allocated reserve
 
 
-
 
-
Commercial Mixed Use Real Estate
      
 
  
 
 
   With no allocated reserve
4,383
44
 
2,200
44
 
4,388
132
 
2,200
193
   With an allocated reserve
 
2,200
 
 
2,200
Commercial Real Estate
      
 
  
 
 
   With no allocated reserve
5,169
35
 
6,863
79
 
5,929
106
 
7,286
120
   With an allocated reserve
 
10,259
73
 
1,375
97
 
10,272
423
Construction
      
 
  
 
 
   With no allocated reserve
- 
 
- 
 
 
   With an allocated reserve
 
 
 
Total
      
 
  
 
 
   With no allocated reserve
$11,227
$100
 
$12,315
$151
 
$12,042
$328
 
$12,635
$432
   With an allocated reserve
$- 
$- 
 
$12,459
$73
 
$1,375
$97
 
$12,524
$423