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INVESTMENT AND MORTGAGE-BACKED SECURITIES (Tables)
 9 Months Ended
Sep. 30, 2016
INVESTMENT AND MORTGAGE-BACKED SECURITIESS [Abstract]  
Summary of Major Categories of Securities Owned by Entity
The following tables summarize the major categories of securities owned by the Company (excluding trading securities) for the periods indicated:

  
September 30, 2016
 
  
Amortized
Cost (1)
  
Gross
Unrealized
Gains
  
Gross
Unrealized
Losses
  
Fair Value
 
Investment securities held-to-maturity:
            
Pooled bank trust preferred securities (“TRUPS”)
 
$
5,356
  
$
1,931
  
$
(429
)
 
$
6,858
 
 
                
Investment securities available-for-sale:
                
Registered Mutual Funds
  
3,992
   
63
   
(122
)
  
3,933
 
Pass-through MBS issued by GSEs
  
3,640
   
13
   
(6
)
  
3,647
 
Total investment securities available-for-sale
  
7,632
   
76
   
(128
)
  
7,580
 
Total investment securities
 
$
12,988
  
$
2,007
  
$
(557
)
 
$
14,438
 
(1) Amount represents the purchase amortized / historical cost less any OTTI charges (credit or non-credit related) previously recognized.  For the TRUPS, amount is also net of the $760 unamortized portion of the unrealized loss that was recognized in accumulated other comprehensive loss on September 1, 2008 (the day on which these securities were transferred from available-for-sale to held-to-maturity).

  
December 31, 2015
 
  
Amortized
Cost (1)
  
Gross
Unrealized
Gains
  
Gross
Unrealized
Losses
  
Fair Value
 
Investment securities held-to-maturity:
            
TRUPS
 
$
5,242
  
$
2,154
  
$
(345
)
 
$
7,051
 
                 
Investment securities available-for-sale:
                
Registered Mutual Funds
  
3,990
   
25
   
(259
)
  
3,756
 
Pass-through MBS issued by GSEs
  
418
   
13
   
-
   
431
 
Total investment securities available-for-sale
  
4,408
   
38
   
(259
)
  
4,187
 
Total investment securities
 
$
9,650
  
$
2,192
  
$
(604
)
 
$
11,238
 
(1) Amount represents the purchase amortized/historical cost less any OTTI charges (credit or non-credit related) previously recognized.  For the TRUPS, amount is also net of the $807 unamortized portion of the unrealized loss that was recognized in accumulated other comprehensive loss on September 1, 2008 (the day on which these securities were transferred from available-for-sale to held-to-maturity).
Summary of Gross Unrealized Losses and Fair Value of Investment Securities by Investment Category and Length of Time in a Continuous Unrealized Loss Position
The following table summarizes the gross unrealized losses and fair value of investment securities aggregated by investment category and the length of time the securities were in a continuous unrealized loss position for the periods indicated:

  
September 30, 2016
 
  
Less than 12
Consecutive Months
  
12 Consecutive
Months or Longer
  
Total
 
                   
  
Fair
Value
  
Unrealized
Losses
  
Fair
Value
  
Unrealized
Losses
  
Fair
Value
  
Unrealized
Losses
 
Investment securities held-to-maturity:
                  
TRUPS
 
$
-
  
$
-
  
$
2,306
  
$
429
  
$
2,306
  
$
429
 
                         
Investment securities available-for-sale:
                        
Registered Mutual Funds
  
-
   
-
   
1,823
   
122
   
1,823
   
122
 
Pass-through MBS issued by GSEs
  
3,262
   
6
   
-
   
-
   
3,262
   
6
 

  
December 31, 2015
 
  
Less than 12
Consecutive Months
  
12 Consecutive
Months or Longer
  
Total
 
                   
  
Fair
Value
  
Unrealized
Losses
  
Fair
Value
  
Unrealized
Losses
  
Fair
Value
  
Unrealized
Losses
 
Investment securities held-to-maturity:
                  
TRUPS
 
$
-
  
$
-
  
$
2,359
  
$
345
  
$
2,359
  
$
345
 
                         
Investment securities available-for-sale:
                        
Registered Mutual Funds
  
3,026
   
259
   
-
   
-
   
3,026
   
259
 
Reconciliation of Pre-Tax OTTI Charges Recognized
The following tables provide a reconciliation of the pre-tax OTTI charges recognized on the Company's TRUPS, for which a portion of the impairment loss (non-credit factors) was recognized in other comprehensive income for the period ended:

  
Three Months Ended September 30,
 
  
2016
  
2015
 
  
Credit
Related
OTTI
Recognized
in Earnings
  
Non-Credit
OTTI
Recognized in
Accumulated
Other
Comprehensive
Loss
  
Total
OTTI
Charge
  
Credit
Related
OTTI
Recognized
in
Earnings
  
Non-Credit
OTTI
Recognized in
Accumulated
Other
Comprehensive
Loss
  
Total
OTTI
Charge
 
Cumulative pre-tax balance at the beginning of the period
 
$
8,665
  
$
562
  
$
9,227
  
$
8,769
  
$
596
  
$
9,365
 
Amortization of previously recognized OTTI
  
(26
)
  
(9
)
  
(35
)
  
(26
)
  
(9
)
  
(35
)
Cumulative pre-tax balance at end of the period
 
$
8,639
  
$
553
  
$
9,192
  
$
8,743
  
$
587
  
$
9,330
 

  
Nine Months Ended September 30,
 
  
2016
  
2015
 
  
Credit
Related
OTTI
Recognized
in Earnings
  
Non-Credit
OTTI
Recognized in
Accumulated
Other
Comprehensive
Loss
  
Total
OTTI
Charge
  
Credit
Related
OTTI
Recognized
in
Earnings
  
Non-Credit
OTTI
Recognized in
Accumulated
Other
Comprehensive
Loss
  
Total
OTTI
Charge
 
Cumulative pre-tax balance at the beginning of the period
 
$
8,717
  
$
578
  
$
9,295
  
$
8,945
  
$
569
  
$
9,514
 
Accretion (Amortization) of previously recognized OTTI
  
(78
)
  
(25
)
  
(103
)
  
(202
)
  
18
   
(184
)
Cumulative pre-tax balance at end of the period
 
$
8,639
  
$
553
  
$
9,192
  
$
8,743
  
$
587
  
$
9,330