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ALLOWANCE FOR LOAN LOSSES (Tables)
 6 Months Ended
Jun. 30, 2016
ALLOWANCE FOR LOAN LOSSES [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 June 30, 2016
 
  
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
  
Total Real Estate
    
Beginning balance
 
$
99
  
$
14,462
  
$
1,552
  
$
2,381
  
$
18,494
  
$
19
 
Provision (credit) for loan losses
  
96
   
407
   
133
   
(194
)
  
442
   
-
 
Charge-offs
  
(4
)
  
(43
)
  
(1
)
  
-
   
(48
)
  
-
 
Recoveries
  
1
   
-
   
-
   
-
   
1
   
1
 
Ending balance
 
$
192
  
$
14,826
  
$
1,684
  
$
2,187
  
$
18,889
  
$
20
 
                         
Ending balance – loans individually evaluated for impairment
 
$
414
  
$
3,930
  
$
4,357
  
$
3,396
  
$
12,097
  
$
-
 
Ending balance – loans collectively evaluated for impairment
  
75,038
   
4,215,480
   
388,755
   
515,411
   
5,194,684
   
2,336
 
Allowance balance associated with loans individually evaluated for impairment
  
-
   
-
   
-
   
-
   
-
   
-
 
Allowance balance associated with loans collectively evaluated for impairment
  
192
   
14,826
   
1,684
   
2,187
   
18,889
   
20
 
 
At December 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
  
Total Real Estate
    
Ending balance – loans individually evaluated for impairment
 
$
598
  
$
983
  
$
4,345
  
$
3,635
  
$
9,561
  
$
-
 
Ending balance – loans collectively evaluated for impairment
  
71,497
   
3,758,924
   
372,930
   
482,274
   
4,685,625
   
1,590
 
Allowance balance associated with loans individually evaluated for impairment
  
-
   
-
   
-
   
-
   
-
   
-
 
Allowance balance associated with loans collectively evaluated for impairment
  
263
   
14,118
   
1,652
   
2,461
   
18,494
   
20
 

At or for the Three Months Ended June 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
  
Total Real Estate
    
Beginning balance
 
$
111
  
$
14,173
  
$
1,566
  
$
2,365
  
$
18,215
  
$
22
 
Provision (credit) for loan losses
  
19
   
238
   
111
   
(1,504
)
  
(1,136
)
  
1
 
Charge-offs
  
(5
)
  
(40
)
  
-
   
(1
)
  
(46
)
  
(1
)
Recoveries
  
1
   
3
   
5
   
1,489
   
1,498
   
-
 
Ending balance
 
$
126
  
$
14,374
  
$
1,682
  
$
2,349
  
$
18,531
  
$
22
 
 
At or for the Six Months Ended June 30, 2016
 
  
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
  
Total Real Estate
    
Beginning balance
 
$
263
  
$
14,118
  
$
1,652
  
$
2,461
  
$
18,494
  
$
20
 
Provision (credit) for loan losses
  
(46
)
  
731
   
34
   
(297
)
  
422
   
(1
)
Charge-offs
  
(27
)
  
(60
)
  
(2
)
  
-
   
(89
)
  
-
 
Recoveries
  
2
   
37
   
-
   
23
   
62
   
1
 
Ending balance
 
$
192
  
$
14,826
  
$
1,684
  
$
2,187
  
$
18,889
  
$
20
 

At or for the Six Months Ended June 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
  
Total Real Estate
    
Beginning balance
 
$
150
  
$
13,852
  
$
1,644
  
$
2,823
  
$
18,469
  
$
24
 
Provision (credit) for loan losses
  
80
   
560
   
51
   
(1,998
)
  
(1,307
)
  
-
 
Charge-offs
  
(107
)
  
(41
)
  
(37
)
  
(1
)
  
(186
)
  
(2
)
Recoveries
  
3
   
3
   
24
   
1,525
   
1,555
   
-
 
Ending balance
 
$
126
  
$
14,374
  
$
1,682
  
$
2,349
  
$
18,531
  
$
22
 
Summary of Impaired Real Estate Loans
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 June 30, 2016
  
At December 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
  
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
 
$
414
  
$
414
  
$
-
  
$
635
  
$
598
  
$
-
 
With an allocated reserve
  
-
   
-
   
-
   
-
   
-
   
-
 
Multifamily Residential and Residential Mixed Use
                        
With no allocated reserve
  
3,930
   
3,930
   
-
   
983
   
983
   
-
 
With an allocated reserve
  
-
   
-
   
-
   
-
   
-
   
-
 
Commercial Mixed Use Real Estate
                        
With no allocated reserve
  
4,357
   
4,357
   
-
   
4,345
   
4,345
   
-
 
With an allocated reserve
  
-
   
-
   
-
   
-
   
-
   
-
 
Commercial Real Estate
                        
With no allocated reserve
  
3,396
   
3,396
   
-
   
3,642
   
3,635
   
-
 
With an allocated reserve
  
-
   
-
   
-
   
-
   
-
   
-
 
Total
                        
With no allocated reserve
 
$
12,097
  
$
12,097
  
$
-
  
$
9,605
  
$
9,561
  
$
-
 
With an allocated reserve
 
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
 
 
(1)The recorded investment excludes accrued interest receivable and loan origination fees, net, due to immateriality.
 
  Three Months Ended June 30,  
Six Months Ended June 30,
 
  
2016
  
2015
  
 2016
  
2015
 
  
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
 
$
399
  
$
7
  
$
602
  
$
11
  
$
465
  
$
41
  
$
603
  
$
23
 
With an allocated reserve
  
-
   
-
   
-
   
-
   
-
   
-
   
-
   
-
 
Multifamily Residential and Residential Mixed Use
                                
With no allocated reserve
  
2,451
   
25
   
985
   
31
   
1,962
   
38
   
1,081
   
46
 
With an allocated reserve
  
-
   
-
   
-
   
-
   
-
   
-
   
-
   
-
 
Commercial Mixed Use Real Estate
                                
With no allocated reserve
  
4,367
   
44
   
4,393
   
44
   
4,360
   
88
   
4,395
   
88
 
With an allocated reserve
  
-
   
-
   
-
   
-
   
-
   
-
   
-
   
-
 
Commercial Real Estate
                                
With no allocated reserve
  
3,404
   
34
   
5,929
   
35
   
3,481
   
68
   
6,688
   
71
 
With an allocated reserve
  
-
   
-
   
-
   
-
   
-
   
-
   
1,833
   
97
 
Total
                                
With no allocated reserve
 
$
10,621
  
$
110
  
$
11,909
  
$
121
  
$
10,268
  
$
235
  
$
12,767
  
$
228
 
With an allocated reserve
 
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
1,833
  
$
97