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ALLOWANCE FOR LOAN LOSSES (Tables)
 3 Months Ended
Mar. 31, 2017
ALLOWANCE FOR LOAN LOSSES [Abstract]  
Allowance for Credit Losses for Impairment by Financing Receivables Class
The following tables present data regarding the allowance for loan losses activity for the periods indicated:

  
At or for the Three Months Ended March 31, 2017
 
  
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
   
C&I
 
Beginning balance
 
$
145
  
$
16,555
  
$
1,698
  
$
2,118
  
$
20,516
  
$
-
  
$
20
 
Provision (credit) for loan losses
  
(4
)
  
134
   
(109
)
  
(23
)
  
(2
)
  
453
   
(1
)
Charge-offs
  
(13
)
  
(69
)
  
-
   
-
   
(82
)
  
-
   
-
 
Recoveries
  
1
   
45
   
-
   
4
   
50
   
-
   
-
 
Ending balance
 
$
129
  
$
16,665
  
$
1,589
  
$
2,099
  
$
20,482
  
$
453
  
$
19
 

  
At or for the Three Months Ended March 31, 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
  
(142
)
  
324
   
(99
)
  
(103
)
  
(20
)
  
(1
)
Charge-offs
  
(23
)
  
(17
)
  
(1
)
  
-
   
(41
)
  
-
 
Recoveries
  
1
   
37
   
-
   
23
   
61
   
-
 
Ending balance
 
$
99
  
$
14,462
  
$
1,552
  
$
2,381
  
$
18,494
  
$
19
 

The following tables present the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment evaluation method as of the periods indicated:

  
At or for the Three Months Ended March 31, 2017
 
  
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
   
C&I
 
Allowance for loan losses:
                      
Individually evaluated for impairment
 
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
 
Collectively evaluated for impairment
  
129
   
16,665
   
1,589
   
2,099
   
20,482
   
453
   
19
 
Total ending allowance balance
 
$
129
  
$
16,665
  
$
1,589
  
$
2,099
  
$
20,482
  
$
453
  
$
19
 
                             
Loans:
                            
Individually evaluated for impairment
 
$
402
  
$
3,272
  
$
4,735
  
$
3,347
  
$
11,756
  
$
-
  
$
-
 
Collectively evaluated for impairment
  
74,729
   
4,692,926
   
394,284
   
547,292
   
5,709,231
   
30,189
   
973
 
Total ending loans balance
 
$
75,131
  
$
4,696,198
  
$
399,019
  
$
550,639
  
$
5,720,987
  
$
30,189
  
$
973
 
 
  
At or for the Year Ended December 31, 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
   
C&I
 
Allowance for loan losses:
                      
Individually evaluated for impairment
 
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
 
Collectively evaluated for impairment
  
145
   
16,555
   
1,698
   
2,118
   
20,516
   
-
   
20
 
Total ending allowance balance
 
$
145
  
$
16,555
  
$
1,698
  
$
2,118
  
$
20,516
  
$
-
  
$
20
 
                             
Loans:
                            
Individually evaluated for impairment
 
$
407
  
$
3,333
  
$
4,810
  
$
3,363
  
$
11,913
  
$
-
  
$
-
 
Collectively evaluated for impairment
  
73,615
   
4,597,193
   
399,329
   
550,957
   
5,621,094
   
2,058
   
1,357
 
Total ending loans balance
 
$
74,022
  
$
4,600,526
  
$
404,139
  
$
554,320
  
$
5,633,007
  
$
2,058
  
$
1,357
 
Summary of Impaired Real Estate Loans
The following tables summarize impaired real estate loans with no related allowance recorded as of the periods indicated (by collateral type within the real estate loan segment):

  
At March 31, 2017
  
At December 31, 2016
 
  
Unpaid
Principal
Balance
  
Recorded
Investment(1)
  
Related
Allowance
  
Unpaid
Principal
Balance
  
Recorded
Investment(1)
  
Related
Allowance
 
                   
With no related allowance recorded:
                  
One- to Four Family Residential, Including Condominium and Cooperative Apartment
 
$
402
  
$
402
  
$
-
  
$
407
  
$
407
  
$
-
 
Multifamily Residential and Residential Mixed Use
  
3,272
   
3,272
   
-
   
3,333
   
3,333
   
-
 
Commercial Mixed Use Real Estate
  
4,735
   
4,735
   
-
   
4,810
   
4,810
   
-
 
Commercial Real Estate
  
3,347
   
3,347
   
-
   
3,363
   
3,363
   
-
 
Total with no related allowance recorded
 
$
11,756
  
$
11,756
  
$
-
  
$
11,913
  
$
11,913
  
$
-
 
(1)
The recorded investment excludes accrued interest receivable and loan origination fees, net, due to immateriality.

The following table presents information for impaired loans for the periods indicated:

  
Three Months Ended
March 31, 2017
  
Three Months Ended
March 31, 2016
 
  
Average
Recorded
Investment(1)
  
Interest
Income
Recognized
  
Average
Recorded
Investment(1)
  
Interest
Income
Recognized
 
             
With no related allowance recorded:
            
One- to Four Family Residential, Including Condominium and Cooperative Apartment
 
$
404
  
$
7
  
$
491
  
$
35
 
Multifamily Residential and Residential Mixed Use
  
3,302
   
46
   
978
   
12
 
Commercial Mixed Use Real Estate
  
4,773
   
45
   
4,361
   
44
 
Commercial Real Estate
  
3,355
   
34
   
3,523
   
34
 
Ending balance
 
$
11,834
  
$
132
  
$
9,353
  
$
125
 
(1)
The recorded investment excludes accrued interest receivable and loan origination fees, net, due to immateriality.