XML 42 R29.htm IDEA: XBRL DOCUMENT v3.8.0.1
ALLOWANCE FOR LOAN LOSSES (Tables)
 3 Months Ended
Mar. 31, 2018
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, 2018
 
     
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
 
$
116
  
$
15,219
  
$
1,388
  
$
2,147
  
$
123
  
$
18,993
  
$
2,021
  
$
19
 
Provision (credit) for loan losses
  
-
   
(223
)
  
6
   
(19
)
  
3
   
(233
)
  
424
   
2
 
Charge-offs
  
(15
)
  
-
   
(4
)
  
-
   
-
   
(19
)
  
-
   
(4
)
Recoveries
  
1
   
-
   
-
   
-
   
-
   
1
   
-
   
-
 
Ending balance
 
$
102
  
$
14,996
  
$
1,390
  
$
2,128
  
$
126
  
$
18,742
  
$
2,445
  
$
17
 

  
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
 
 
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 March 31, 2018
 
     
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
 
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
294
  
$
-
 
Collectively evaluated for impairment
  
102
   
14,996
   
1,390
   
2,128
   
126
   
18,742
   
2,151
   
17
 
Total ending allowance balance
 
$
102
  
$
14,996
  
$
1,390
  
$
2,128
  
$
126
  
$
18,742
  
$
2,445
  
$
17
 
                                 
Loans:
                                
Individually evaluated for impairment
 
$
20
  
$
604
  
$
4,242
  
$
3,279
  
$
-
  
$
8,145
  
$
1,179
  
$
-
 
Collectively evaluated for impairment
  
62,576
   
4,280,347
   
397,927
   
602,147
   
9,413
   
5,352,410
   
144,639
   
1,053
 
Total ending loans balance
 
$
62,596
  
$
4,280,951
  
$
402,169
  
$
605,426
  
$
9,413
  
$
5,360,555
  
$
145,818
  
$
1,053
 

  
At December 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
  
ADC
  
Total Real Estate
   
C&I
 
Allowance for loan losses:
                         
Individually evaluated for impairment
 
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
  
$
-
 
Collectively evaluated for impairment
  
116
   
15,219
   
1,388
   
2,147
   
123
   
18,993
   
2,021
   
19
 
Total ending allowance balance
 
$
116
  
$
15,219
  
$
1,388
  
$
2,147
  
$
123
  
$
18,993
  
$
2,021
  
$
19
 
                                 
Loans:
                                
Individually evaluated for impairment
 
$
22
  
$
619
  
$
4,267
  
$
3,296
  
$
-
  
$
8,204
  
$
-
  
$
-
 
Collectively evaluated for impairment
  
63,073
   
4,380,561
   
397,288
   
605,752
   
9,189
   
5,455,863
   
136,671
   
1,379
 
Total ending loans balance
 
$
63,095
  
$
4,381,180
  
$
401,555
  
$
609,048
  
$
9,189
  
$
5,464,067
  
$
136,671
  
$
1,379
 
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 March 31, 2018
  
At December 31, 2017
 
  
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
 
$
20
  
$
20
  
$
-
  
$
22
  
$
22
  
$
-
 
Multifamily residential and residential mixed-use
  
604
   
604
   
-
   
619
   
619
   
-
 
Commercial mixed-use real estate
  
4,242
   
4,242
   
-
   
4,267
   
4,267
   
-
 
Commercial real estate
  
3,279
   
3,279
   
-
   
3,296
   
3,296
   
-
 
Total with no related allowance recorded
  
8,145
   
8,145
   
-
   
8,204
   
8,204
   
-
 
                         
With an allowance recorded:
                        
C&I
  
1,179
   
1,179
   
294
   
-
   
-
   
-
 
Total with an allowance recorded
  
1,179
   
1,179
   
294
   
-
   
-
   
-
 
Total
 
$
9,324
  
$
9,324
  
$
294
  
$
8,204
  
$
8,204
  
$
-
 
 
(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, 2018
  
Three Months Ended
March 31, 2017
 
  
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
 
$
21
  
$
-
  
$
404
  
$
7
 
Multifamily residential and residential mixed-use
  
611
   
12
   
3,302
   
46
 
Commercial mixed-use real estate
  
4,255
   
43
   
4,773
   
45
 
Commercial real estate
  
3,287
   
33
   
3,355
   
34
 
Total with no related allowance recorded
  
8,174
   
88
   
11,834
   
132
 
                 
With an allowance recorded:
                
C&I
  
589
   
-
   
-
   
-
 
Total with no related allowance recorded
 
$
8,763
  
$
88
  
$
11,834
  
$
132