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Loans Receivable and Allowance for Loan Losses (Tables)
 12 Months Ended
Dec. 31, 2019
Receivables [Abstract]  
Schedule of Summarized Loans Receivable
Loans receivable at December 31, 2019 and 2018 are summarized as follows (in thousands):
20192018
Mortgage loans:
Residential$1,077,689  1,099,464  
Commercial2,578,393  2,299,313  
Multi-family1,225,551  1,339,677  
Construction429,812  388,999  
Total mortgage loans5,311,445  5,127,453  
Commercial loans1,634,759  1,695,021  
Consumer loans391,360  431,428  
Total gross loans7,337,564  7,253,902  
Purchased credit-impaired ("PCI") loans746  899  
Premiums on purchased loans2,474  3,243  
Unearned discounts(26) (33) 
Net deferred fees(7,873) (7,423) 
Total loans$7,332,885  7,250,588  
Summary of Aging Loans Receivable by Portfolio Segment and Class
The following tables summarize the aging of loans receivable by portfolio segment and class of loans, excluding PCI loans (in thousands):
 At December 31, 2019
 30-59 Days60-89 DaysNon-accrual
90 days or more past due and
accruing
Total  Past DueCurrent
Total Loans
Receivable
Mortgage loans:
Residential$5,905  2,579  8,543  —  17,027  1,060,662  1,077,689  
Commercial—  —  5,270  —  5,270  2,573,123  2,578,393  
Multi-family—  —  —  —  —  1,225,551  1,225,551  
Construction—  —  —  —  —  429,812  429,812  
Total mortgage loans5,905  2,579  13,813  —  22,297  5,289,148  5,311,445  
Commercial loans2,383  95  25,160  —  27,638  1,607,121  1,634,759  
Consumer loans1,276  337  1,221  —  2,834  388,526  391,360  
Total gross loans$9,564  3,011  40,194  —  52,769  7,284,795  7,337,564  

 At December 31, 2018
 30-59 Days60-89 DaysNon-accrual90 days or more past due and
accruing		Total  Past DueCurrent
Total Loans
Receivable
Mortgage loans:
Residential$4,188  5,557  5,853  —  15,598  1,083,866  1,099,464  
Commercial—  —  3,180  —  3,180  2,296,133  2,299,313  
Multi-family—  —  —  —  —  1,339,677  1,339,677  
Construction—  —  —  —  —  388,999  388,999  
Total mortgage loans4,188  5,557  9,033  —  18,778  5,108,675  5,127,453  
Commercial loans425  13565  15,391  —  29,381  1,665,640  1,695,021  
Consumer loans1,238  610  1,266  —  3,114  428,314  431,428  
Total gross loans$5,851  19,732  25,690  —  51,273  7,202,629  7,253,902  
Summary of Loans Receivable by Portfolio Segment and Impairment Method
Loans receivable summarized by portfolio segment and impairment method, excluding PCI loans are as follows (in thousands):
 At December 31, 2019
 
Mortgage
loans
Commercial
loans
Consumer
loans
Total
Portfolio
Segments
Individually evaluated for impairment$39,910  28,357  2,374  70,641  
Collectively evaluated for impairment5,271,535  1,606,402  388,986  7,266,923  
Total gross loans$5,311,445  1,634,759  391,360  7,337,564  

 At December 31, 2018
 
Mortgage
loans
Commercial
loans
Consumer
loans
Total
Portfolio
Segments
Individually evaluated for impairment$24,680  23,747  2,257  50,684  
Collectively evaluated for impairment5,102,773  1,671,274  429,171  7,203,218  
Total gross loans$5,127,453  1,695,021  431,428  7,253,902  
Summary of Allowance for Loan Losses by Portfolio Segment and Impairment Classification
The allowance for loan losses is summarized by portfolio segment and impairment classification, excluding PCI loans as follows (in thousands):
 At December 31, 2019
 
Mortgage
loans
Commercial
loans
Consumer
loans
Total
Portfolio
Segments
Individually evaluated for impairment$1,580  3,462  25  5,067  
Collectively evaluated for impairment23,931  24,801  1,726  50,458  
Total allowance for loan losses$25,511  28,263  1,751  55,525  
 At December 31, 2018
 
Mortgage
loans
Commercial
loans
Consumer
loans
Total
Portfolio
Segments
Individually evaluated for impairment$1,026  92  47  1,165  
Collectively evaluated for impairment26,652  25,601  2,144  54,397  
Total allowance for loan losses$27,678  25,693  2,191  55,562  
The activity in the allowance for loan losses for the years ended December 31, 2019, 2018 and 2017 is as follows (in thousands):
 Years Ended December 31,
 201920182017
Balance at beginning of period$55,562  60,195  61,883  
Provision charged to operations13,100  23,700  5,600  
Recoveries of loans previously charged off1,895  1,685  1,653  
Loans charged off(15,032) (30,018) (8,941) 
Balance at end of period$55,525  55,562  60,195  
Schedule of Troubled Debt Restructuring
The following tables present the number of loans modified as TDRs during the years ended December 31, 2019 and 2018 and their balances immediately prior to the modification date and post-modification as of December 31, 2019 and 2018.
 Year Ended December 31, 2019
Troubled Debt Restructurings
Number of
Loans
Pre-Modification
Outstanding
Recorded
Investment
Post-Modification
Outstanding
Recorded
Investment
 ($ in thousands)
Mortgage loans:
Residential3  $1,617  1,584  
Commercial1  14,010  14,010  
Total mortgage loans4  15,627  15,594  
Commercial loans6  1,996  1,888  
Consumer loans4  421  402  
Total restructured loans14  $18,044  17,884  

 Year Ended December 31, 2018
Troubled Debt Restructurings
Number of
Loans
Pre-Modification
Outstanding
Recorded
Investment
Post-Modification
Outstanding
Recorded
Investment
  ($ in thousands) 
Mortgage loans:
Residential6  $981  945  
Total mortgage loans6  981  945  
Commercial loans8  9,192  7,888  
Consumer loans1  336  332  
Total restructured loans15  $10,509  9,165  
Schedule Of Troubled Debt Restructuring Subsequently Defaulted
The following table presents loans modified as TDRs within the previous 12 months from December 31, 2019 and 2018, and for which there was a payment default (90 days or more past due) at the quarter ended December 31, 2019 and 2018.
December 31, 2019December 31, 2018
Troubled Debt Restructurings Subsequently DefaultedNumber of LoansOutstanding
Recorded  Investment		Number of LoansOutstanding Recorded  Investment
($ in thousands)($ in thousands)
Mortgage loans:
Residential1  $578  —  $—  
Total mortgage loans1  578  —  —  
Commercial Loans—  —  3  1,344  
Total restructured loans1  $578  3  $1,344  
Schedule of Allowance for Loan Losses by Portfolio Segment
The activity in the allowance for loan losses by portfolio segment for the years ended December 31, 2019 and 2018 are as follows (in thousands):
 For the Year Ended December 31, 2019
 
Mortgage
loans
Commercial
loans
Consumer
loans
Total
Portfolio
Segments
Balance at beginning of period$27,678  25,693  2,191  55,562  
Provision charged to operations(2,323) 15,928  (505) 13,100  
Recoveries of loans previously charged off422  665  808  1,895  
Loans charged off(266) (14,023) (743) (15,032) 
Balance at end of period$25,511  28,263  1,751  55,525  

 For the Year Ended December 31, 2018
 
Mortgage
loans
Commercial
loans
Consumer
loans
Total
Portfolio
Segments
Balance at beginning of period$28,052  29,814  2,329  60,195  
Provision charged to operations(586) 24,437  (151) 23,700  
Recoveries of loans previously charged off489  428  768  1,685  
Loans charged off(277) (28,986) (755) (30,018) 
Balance at end of period$27,678  25,693  2,191  55,562  
Summary of Impaired Loans Receivable by Class
Impaired loans receivable by class, excluding PCI loans are summarized as follows (in thousands):
 At December 31, 2019At December 31, 2018
 
Unpaid
Principal
Balance
Recorded
Investment
Related
Allowance
Average
Recorded
Investment
Interest
Income
Recognized
Unpaid
Principal
Balance
Recorded
Investment
Related
Allowance
Average
Recorded
Investment
Interest
Income
Recognized
Loans with no related allowance
Mortgage loans:
Residential$13,478  10,739  —  10,910  533  $15,013  12,005  —  12,141  594  
Commercial—  —  —  —  —  1,550  1,546  —  1,546  —  
Multi-family—  —  —  —  —  —  —  —  —  —  
Construction—  —  —  —  —  —  —  —  —  —  
Total13,478  10,739  —  10,910  533  16,563  13,551  —  13,687  594  
Commercial loans3,927  3,696  —  4,015  17  21,746  16,254  —  17,083  328  
Consumer loans2,086  1,517  —  1,491  86  1,871  1,313  —  1,386  90  
Total loans$19,491  15,952  —  16,416  636  $40,180  31,118  —  32,156  1,012  
Loans with an allowance recorded
Mortgage loans:
Residential$10,860  10,326  829  10,454  428  $10,573  10,090  954  10,186  425  
Commercial18,845  18,845  751  18,862  569  1,039  1,039  72  1,052  53  
Multi-family—  —  —  —  —  —  —  —  —  —  
Construction—  —  —  —  —  —  —  —  —  —  
Total29,705  29,171  1,580  29,316  997  11,612  11,129  1,026  11,238  478  
Commercial loans27,762  24,661  3,462  27,527  444  7,493  7,493  92  9,512  435  
Consumer loans868  857  25  878  46  954  944  47  962  40  
Total loans$58,335  54,689  5,067  57,721  1487  $20,059  19,566  1,165  21,712  953  
Total
Mortgage loans:
Residential$24,338  21,065  829  21,364  961  $25,586  22,095  954  22,327  1,019  
Commercial18,845  18,845  751  18,862  569  2,589  2,585  72  2,598  53  
Multi-family—  —  —  —  —  —  —  —  —  —  
Construction—  —  —  —  —  —  —  —  —  —  
Total43,183  39,910  1,580  40,226  1,530  28,175  24,680  1,026  24,925  1,072  
Commercial loans31,689  28,357  3,462  31,542  461  29,239  23,747  92  26,595  763  
Consumer loans2,954  2,374  25  2,369  132  2,825  2,257  47  2,348  130  
Total loans$77,826  70,641  5,067  74,137  2,123  $60,239  50,684  1,165  53,868  1,965  
Summary of Loans Receivable by Credit Quality Risk Rating Indicator
Loans receivable by credit quality risk rating indicator, excluding PCI loans are as follows (in thousands):
 At December 31, 2019
 Residential
Commercial
mortgages
Multi-
family
Construction
Total
mortgages
Commercial
loans
Consumer
loans
Total loans
Special mention$2,402  46,758  —  —  49,160  79,248  286  128,694  
Substandard10,204  13,458  —  6,181  29,843  57,015  1,668  88,526  
Doubtful—  —  —  —  —  836  —  836  
Loss—  —  —  —  —  —  —  —  
Total classified and criticized12,606  60,216  —  6,181  79,003  137,099  1,954  218,056  
Acceptable/watch1,065,083  2,518,177  1,225,551  423,631  5,232,442  1,497,660  389,406  7,119,508  
Total outstanding loans$1,077,689  2,578,393  1,225,551  429,812  5,311,445  1,634,759  391,360  7,337,564  

 At December 31, 2018
 Residential
Commercial
mortgages
Multi-
family
Construction
Total
mortgages
Commercial
loans
Consumer
loans
Total loans
Special mention$5,071  14,496  228  —  19,795  67,396  610  87,801  
Substandard7,878  13,292  —  6,181  27,351  45,180  1,711  74,242  
Doubtful—  —  —  —  —  923  —  923  
Loss—  —  —  —  —  —  —  —  
Total classified and criticized12,949  27,788  228  6,181  47,146  113,499  2,321  162,966  
Acceptable/watch1,086,515  2,271,525  1,339,449  382,818  5,080,307  1,581,522  429,107  7,090,936  
Total outstanding loans$1,099,464  2,299,313  1,339,677  388,999  5,127,453  1,695,021  431,428  7,253,902