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ALLOWANCE FOR LOAN LOSSES (Tables)
 9 Months Ended
Sep. 30, 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 September 30, 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
  
ADC
  
Total
Real Estate
  C&I
Beginning balance
 
$
122
  
$
17,372
  
$
1,411
  
$
2,034
  
$
6
  
$
20,945
  
$
1,023
  
$
17
 
Provision (credit) for loan losses
  
(7
)
  
(709
)
  
37
   
49
   
8
   
(622
)
  
643
   
2
 
Charge-offs
  
(2
)
  
(12
)
  
-
   
-
   
-
   
(14
)
  
-
   
-
 
Recoveries
  
2
   
11
   
-
   
-
   
-
   
13
   
-
   
-
 
Ending balance
 
$
115
  
$
16,662
  
$
1,448
  
$
2,083
  
$
14
  
$
20,322
  
$
1,666
  
$
19
 

  
At or for the Three Months Ended September 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
 
$
192
  
$
14,826
  
$
1,684
  
$
2,187
  
$
18,889
  
$
20
 
Provision (credit) for loan losses
  
(48
)
  
1,293
   
36
   
(115
)
  
1,166
   
2
 
Charge-offs
  
(4
)
  
(14
)
  
(8
)
  
-
   
(26
)
  
(2
)
Recoveries
  
-
   
-
   
-
   
-
   
-
   
-
 
Ending balance
 
$
140
  
$
16,105
  
$
1,712
  
$
2,072
  
$
20,029
  
$
20
 
 
  
At or for the Nine Months Ended September 30, 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
  
ADC
  
Total
Real Estate
   
C&I
Beginning balance
 
$
145
  
$
16,555
  
$
1,698
  
$
2,118
  
$
-
  
$
20,516
  
$
-
  
$
20
 
Provision (credit) for loan losses
  
(30
)
  
155
   
(254
)
  
(35
)
  
14
   
(150
)
  
1,666
   
4
 
Charge-offs
  
(15
)
  
(104
)
  
-
   
-
   
-
   
(119
)
  
-
   
(5
)
Recoveries
  
15
   
56
   
4
   
-
   
-
   
75
   
-
   
-
 
Ending balance
 
$
115
  
$
16,662
  
$
1,448
  
$
2,083
  
$
14
  
$
20,322
  
$
1,666
  
$
19
 

  
At or for the Nine Months Ended September 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
  
(94
)
  
2,024
   
70
   
(412
)
  
1,588
   
1
 
Charge-offs
  
(31
)
  
(74
)
  
(10
)
  
-
   
(115
)
  
(2
)
Recoveries
  
2
   
37
   
-
   
23
   
62
   
1
 
Ending balance
 
$
140
  
$
16,105
  
$
1,712
  
$
2,072
  
$
20,029
  
$
20
 
 
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 dates indicated:

  
At September 30, 2017
 
     
Real Estate Loans
   
C&I
 
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
  
ADC
  
Total
Real Estate
 
Allowance for loan losses:
                         
Individually evaluated for impairment
 
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
 
Collectively evaluated for impairment
  
115
   
16,662
   
1,448
   
2,083
   
14
   
20,322
   
1,666
   
19
 
Total ending allowance balance
 
$
115
  
$
16,662
  
$
1,448
  
$
2,083
  
$
14
  
$
20,322
  
$
1,666
  
$
19
 
                                 
Loans:
                                
Individually evaluated for impairment
 
$
395
  
$
629
  
$
4,293
  
$
3,313
  
$
-
  
$
8,630
  
$
-
  
$
-
 
Collectively evaluated for impairment
  
66,124
   
4,786,662
   
411,006
   
585,030
   
9,115
   
5,857,937
   
111,099
   
1,092
 
Total ending loans balance
 
$
66,519
  
$
4,787,291
  
$
415,299
  
$
588,343
  
$
9,115
  
$
5,866,567
  
$
111,099
  
$
1,092
 

  
At 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 dates indicated (by collateral type within the real estate loan segment):

  
At September 30, 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
 
$
395
  
$
395
  
$
-
  
$
407
  
$
407
  
$
-
 
Multifamily Residential and Residential Mixed Use
  
629
   
629
   
-
   
3,333
   
3,333
   
-
 
Commercial Mixed Use Real Estate
  
4,293
   
4,293
   
-
   
4,810
   
4,810
   
-
 
Commercial Real Estate
  
3,313
   
3,313
   
-
   
3,363
   
3,363
   
-
 
Total with no related allowance recorded
 
$
8,630
  
$
8,630
  
$
-
  
$
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 September 30,
  
Nine Months Ended September 30,
 
  
2017
  
2016
  
2017
  
2016
 
  
Average
Recorded
Investment(1)
  
Interest
Income
Recognized
  
Average
Recorded
Investment(1)
  
Interest
Income
Recognized
  
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
 
$
397
  
$
7
  
$
412
  
$
6
  
$
400
  
$
21
  
$
452
  
$
47
 
Multifamily Residential and Residential Mixed Use
  
1,943
   
13
   
3,643
   
99
   
2,623
   
75
   
2,310
   
138
 
Commercial Mixed Use Real Estate
  
4,306
   
43
   
4,404
   
43
   
4,539
   
131
   
4,383
   
131
 
Commercial Real Estate
  
3,321
   
33
   
3,388
   
34
   
3,339
   
100
   
3,456
   
102
 
Ending balance
 
$
9,967
  
$
96
  
$
11,847
  
$
182
  
$
10,901
  
$
327
  
$
10,601
  
$
418
 
(1)
The recorded investment excludes accrued interest receivable and loan origination fees, net, due to immateriality.