LOANS RECEIVABLE AND CREDIT QUALITY (Tables)

9 Months Ended

Sep. 30, 2016

LOANS RECEIVABLE AND CREDIT QUALITY [Abstract]

Summary of the Credit Risk Profile of the Real Estate Loans

The following is a summary of the credit risk profile of real estate loans (including deferred costs) by internally assigned grade as of the dates indicated:

Balance at September 30, 2016
Grade	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 Loans
Pass	$	73,557	$	4,447,110	$	395,070	$	544,551	$	5,460,288
Special Mention		214		3,785		2,133		528		6,660
Substandard		1,526		7,251		5,506		7,260		21,543
Doubtful		-		-		-		-		-
Total	$	75,297	$	4,458,146	$	402,709	$	552,339	$	5,488,491

Balance at December 31, 2015
Grade	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 Loans
Not Graded⁽¹⁾	$	7,698	$	-	$	-	$	-	$	7,698
Pass		61,256		3,743,298		370,110		473,242		4,647,906
Special Mention		945		9,759		1,622		4,857		17,183
Substandard		2,196		6,850		5,543		7,810		22,399
Doubtful		-		-		-		-		-
Total	$	72,095	$	3,759,907	$	377,275	$	485,909	$	4,695,186

⁽¹⁾ Amount comprised of fully performing one- to four-family residential and condominium and cooperative unit loans with balances equal to or less than the FNMA Limits.

The following is a summary of the credit risk profile of consumer loans by internally assigned grade:

Grade	Balance at September 30, 2016		Balance at December 31, 2015
Performing	$	1,673	$	1,586
Non-accrual		2		4
Total	$	1,675	$	1,590

Past Due Financing Receivables

The following is a breakdown of the past due status of the Company's investment in loans (excluding accrued interest and loans held for sale) as of the dates indicated:

	At September 30, 2016
	30 to 59 Days Past Due		60 to 89 Days Past Due		Loans 90 Days or More Past Due and Still Accruing Interest		Non-accrual ⁽¹⁾		Total Past Due		Current		Total Loans
Real Estate:
One- to four-family residential, including condominium and cooperative apartment	$	14	$	-	$	-	$	485	$	499	$	74,798	$	75,297
Multifamily residential and residential mixed use		-		-		534		3,219		3,753		4,454,393		4,458,146
Commercial mixed use real estate		-		-		396		169		565		402,144		402,709
Commercial real estate		-		-		1,235		-		1,235		551,104		552,339
Total real estate	$	14	$	-	$	2,165	$	3,873	$	6,052	$	5,482,439	$	5,488,491
Consumer	$	2	$	4	$	-	$	2	$	8	$	1,667	$	1,675

⁽¹⁾Includes all loans on non-accrual status regardless of the number of days such loans were delinquent as of September 30, 2016.

	At December 31, 2015
	30 to 59 Days Past Due		60 to 89 Days Past Due		Loans 90 Days or More Past Due and Still Accruing Interest		Non-accrual ⁽¹⁾		Total Past Due		Current		Total Loans
Real Estate:
One- to four-family residential, including condominium and cooperative apartment	$	127	$	-	$	625	$	1,113	$	1,865	$	70,230	$	72,095
Multifamily residential and residential mixed use		2,235		-		2,514		287		5,036		3,754,871		3,759,907
Commercial mixed use real estate		-		406		406		-		812		376,463		377,275
Commercial real estate		200		-		987		207		1,394		484,515		485,909
Total real estate	$	2,562	$	406	$	4,532	$	1,607	$	9,107	$	4,686,079	$	4,695,186
Consumer	$	1	$	1	$	-	$	4	$	6	$	1,584	$	1,590

⁽¹⁾Includes all loans on non-accrual status regardless of the number of days such loans were delinquent as of December 31, 2015.

Troubled Debt Restructurings on Financing Receivables

The following table summarizes outstanding TDRs by underlying collateral type and accrual status as of the dates indicated:

	As of September 30, 2016				As of December 31, 2015
	No. of Loans		Balance		No. of Loans		Balance
Accruing TDRs:
One- to four-family residential, including condominium and cooperative apartment		2	$	410		2	$	598
Multifamily residential and residential mixed use		3		667		3		696
Commercial mixed use real estate		1		4,282		1		4,344
Commercial real estate		1		3,380		1		3,428
Non-accruing TDRs:
Commercial real estate		-		-		1		207
Total real estate		7	$	8,739		8	$	9,273