XML 30 R29.htm IDEA: XBRL DOCUMENT v3.19.3
ALLOWANCE FOR LOAN LOSSES (Tables)
 9 Months Ended
Sep. 30, 2019
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, 2019
 
  
Real Estate Loans
       
  
One-to-Four
Family
Residential,
Including
Condominium and
Cooperative
Apartment
  
Multifamily
Residential
and Residential
Mixed-Use
  
Commercial
Real Estate
and
Commercial
Mixed-Use
  
ADC
  
Total
Real
Estate
  
C&I
  
Consumer
Loans
 
Beginning balance
 
$
207
  
$
11,817
  
$
3,846
  
$
980
  
$
16,850
  
$
4,267
  
$
17
 
Provision (credit) for loan losses
  
52
   
(838
)
  
(43
)
  
5
   
(824
)
  
12,046
   
6
 
Charge-offs
  
(6
)
  
(14
)
  
—
   
—
   
(20
)
  
(5,046
)
  
(7
)
Recoveries
  
4
   
—
   
—
   
—
   
4
   
1
   
—
 
Ending balance
 
$
257
  
$
10,965
  
$
3,803
  
$
985
  
$
16,010
  
$
11,268
  
$
16
 
                             

  
At or for the Three Months Ended September 30, 2018
 
  
Real Estate Loans
         
  
One- to Four
Family
Residential,
Including
Condominium and
Cooperative
Apartment
  
Multifamily
Residential
and Residential
Mixed-Use
  
Commercial
Real Estate
and
Commercial
Mixed-Use
  
ADC
  
Total
Real
Estate
  
C&I
  
Consumer
Loans
 
Beginning balance
 
$
123
  
$
14,299
  
$
3,667
  
$
141
  
$
18,230
  
$
2,737
  
$
17
 
Provision (credit) for loan losses
  
(2
)
  
(312
)
  
177
   
8
   
(129
)
  
463
   
1
 
Charge-offs
  
(1
)
  
(1
)
  
—
   
—
   
(2
)
  
—
   
—
 
Recoveries
  
10
   
—
   
3
   
—
   
13
   
—
   
—
 
Ending balance
 
$
130
  
$
13,986
  
$
3,847
  
$
149
  
$
18,112
  
$
3,200
  
$
18
 

  
At or for the Nine Months Ended September 30, 2019
 
  
Real Estate Loans
       
  
One-to-Four
Family
Residential,
Including
Condominium and
Cooperative
Apartment
  
Multifamily
Residential
and Residential
Mixed-Use
  
Commercial
Real Estate
and
Commercial
Mixed-Use
  
ADC
  
Total
Real Estate
  
C&I
  
Consumer
Loans
 
Beginning balance
 
$
198
  
$
13,446
  
$
3,777
  
$
397
  
$
17,818
  
$
3,946
  
$
18
 
Provision (credit) for loan losses
  
64
   
(2,427
)
  
171
   
588
   
(1,604
)
  
12,698
   
6
 
Charge-offs
  
(12
)
  
(54
)
  
(145
)
  
—
   
(211
)
  
(5,378
)
  
(8
)
Recoveries
  
7
   
—
   
—
   
—
   
7
   
2
   
—
 
Ending balance
 
$
257
  
$
10,965
  
$
3,803
  
$
985
  
$
16,010
  
$
11,268
  
$
16
 

  
At or for the Nine Months Ended September 30, 2018
 
  
Real Estate Loans
         
  
One- to Four
Family
Residential,
Including
Condominium and
Cooperative
Apartment
  
Multifamily
Residential
and Residential
Mixed-Use
  
Commercial
Real Estate
and
Commercial
Mixed-Use
  
ADC
  
Total
Real Estate
  
C&I
  
Consumer
Loans
 
Beginning balance
 
$
116
  
$
15,219
  
$
3,535
  
$
123
  
$
18,993
  
$
2,021
  
$
19
 
Provision (credit) for loan losses
  
171
   
(1,232
)
  
315
   
26
   
(720
)
  
2,358
   
3
 
Charge-offs
  
(169
)
  
(1
)
  
(6
)
  
—
   
(176
)
  
(1,179
)
  
(4
)
Recoveries
  
12
   
—
   
3
   
—
   
15
   
—
   
—
 
Ending balance
 
$
130
  
$
13,986
  
$
3,847
  
$
149
  
$
18,112
  
$
3,200
  
$
18
 
 
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, 2019
 
  
Real Estate Loans
     
Consumer
Loans
 
  
One-to-Four
Family
Residential,
Including
Condominium and
Cooperative
Apartment
  
Multifamily
Residential
and Residential
Mixed-Use
  
Commercial
Real Estate
and
Commercial
Mixed-Use
  
ADC
  
Total
Real Estate
  
C&I
 
Allowance for loan losses:
                     
Individually evaluated for impairment
 
$
—
  
$
—
  
$
—
  
$
—
  
$
—
  
$
7,500
  
$
—
 
Collectively evaluated for impairment
  
257
   
10,965
   
3,803
   
985
   
16,010
   
3,768
   
16
 
Total ending allowance balance
 
$
257
  
$
10,965
  
$
3,803
  
$
985
  
$
16,010
  
$
11,268
  
$
16
 
                             
Loans:
                            
Individually evaluated for impairment
 
$
9
  
$
153
  
$
63
  
$
—
  
$
225
  
$
15,000
  
$
—
 
Collectively evaluated for impairment
  
134,352
   
3,608,003
   
1,334,262
   
95,767
   
5,172,384
   
294,031
   
1,389
 
Total ending loans balance
 
$
134,361
  
$
3,608,156
  
$
1,334,325
  
$
95,767
  
$
5,172,609
  
$
309,031
  
$
1,389
 

  
At December 31, 2018
 
  
Real Estate Loans
       
  
One-to-Four
Family
Residential,
Including
Condominium and
Cooperative
Apartment
  
Multifamily
Residential
and Residential
Mixed-Use
  
Commercial
Real Estate
and
Commercial
Mixed-Use
  
ADC
  
Total
Real Estate
  
C&I
  
Consumer
Loans
 
Allowance for loan losses:
                     
Individually evaluated for impairment
 
$
—
  
$
—
  
$
—
  
$
—
  
$
—
  
$
230
  
$
—
 
Collectively evaluated for impairment
  
198
   
13,446
   
3,777
   
397
   
17,818
   
3,716
   
18
 
Total ending allowance balance
 
$
198
  
$
13,446
  
$
3,777
  
$
397
  
$
17,818
  
$
3,946
  
$
18
 
                             
Loans:
                            
Individually evaluated for impairment
 
$
14
  
$
551
  
$
5,125
  
$
—
  
$
5,690
  
$
309
  
$
—
 
Collectively evaluated for impairment
  
96,833
   
3,866,237
   
1,164,960
   
29,402
   
5,157,432
   
229,195
   
1,192
 
Total ending loans balance
 
$
96,847
  
$
3,866,788
  
$
1,170,085
  
$
29,402
  
$
5,163,122
  
$
229,504
  
$
1,192
 
Impaired Real Estate Loans
The following table summarizes impaired loans recorded as of the dates indicated:

  
At September 30, 2019
  
At December 31, 2018
 
  
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
 
$
9
  
$
9
  
$
—
  
$
14
  
$
14
  
$
—
 
Multifamily residential and residential mixed-use
  
153
   
153
   
—
   
551
   
551
   
—
 
Commercial real estate and commercial mixed-use
  
63
   
63
   
—
   
5,125
   
5,125
   
—
 
Total with no related allowance recorded
  
225
   
225
   
—
   
5,690
   
5,690
   
—
 
                         
With an allowance recorded:
                        
C&I
  
15,000
   
15,000
   
7,500
   
309
   
309
   
230
 
Total with an allowance recorded
  
15,000
   
15,000
   
7,500
   
309
   
309
   
230
 
Total
 
$
15,225
  
$
15,225
  
$
7,500
  
$
5,999
  
$
5,999
  
$
230
 

(1) The recorded investment excludes accrued interest receivable and deferred costs due to immateriality.

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

 
 
Three Months Ended
September 30, 2019
  
Three Months Ended
September 30, 2018
 
 
 
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
 
$
10
  
$
4
  
$
17
  
$
—
 
Multifamily residential and residential mixed-use
  
416
   
7
   
1,174
   
8
 
Commercial real estate and commercial mixed-use
  
2,688
   
54
   
5,270
   
93
 
Total with no related allowance recorded
  
3,114
   
65
   
6,461
   
101
 
 
                
With an allowance recorded:
                
C&I
  
7,500
   
153
   
—
   
—
 
Total
 
$
10,614
  
$
218
  
$
6,461
  
$
101
 

(1) The recorded investment excludes accrued interest receivable and deferred costs due to immateriality.

 
 
Nine Months Ended
September 30, 2019
  
Nine Months Ended
September 30, 2018
 
 
 
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
 
$
11
  
$
4
  
$
19
  
$
—
 
Multifamily residential and residential mixed-use
  
480
   
29
   
892
   
43
 
Commercial real estate and commercial mixed-use
  
4,691
   
244
   
6,407
   
283
 
Total with no related allowance recorded
  
5,182
   
277
   
7,318
   
326
 
 
                
With an allowance recorded:
                
C&I
  
3,885
   
159
   
295
   
—
 
Total
 
$
9,067
  
$
435
  
$
7,613
  
$
326
 

(1)          The recorded investment excludes accrued interest receivable and deferred costs due to immateriality.