Allowance for Credit Losses (Tables)

9 Months Ended

Sep. 30, 2013

Allowance for Credit Losses [Abstract]

Past Due Financing Receivables [Table Text Block]

The table below summarizes the unpaid principal balance by payment status for mortgage loans at September 30, 2013 and December 31, 2012 (dollars in thousands). The unpaid principal balance approximates the recorded investment in the loans.



	September 30, 2013									December 31, 2012
	Conventional Loans			Government- Guaranteed/ Insured Loans			Total			Conventional Loans			Government- Guaranteed/ Insured Loans			Total
Mortgage loans:
30-59 days delinquent	$	1,148		$	2,947		$	4,095		$	1,344		$	3,897		$	5,241
60-89 days delinquent	384			423			807			284			615			899
90 days or more delinquent	809			226			1,035			994			313			1,307
Total past due	2,341			3,596			5,937			2,622			4,825			7,447
Total current loans	43,966			45,973			89,939			57,257			56,204			113,461
Total mortgage loans	$	46,307		$	49,569		$	95,876		$	59,879		$	61,029		$	120,908

Other delinquency statistics:
In process of foreclosure ⁽¹⁾	$	383		$	22		$	405		$	465		$	15		$	480
Serious delinquency rate ⁽²⁾	1.7		%	0.5		%	1.1		%	1.6		%	0.5		%	1.1		%
Past due 90 days or more and still accruing interest ⁽³⁾	$	—		$	226		$	226		$	—		$	313		$	313
Non-accrual loans	$	809		$	—		$	809		$	994		$	—		$	994
Troubled debt restructurings	$	144		$	—		$	144		$	98		$	—		$	98

_____________________________


⁽¹⁾	Includes loans where the decision of foreclosure or similar alternative such as pursuit of deed-in-lieu has been made.


⁽²⁾	Loans that are 90 days or more past due or in the process of foreclosure expressed as a percentage of the total loan portfolio.


⁽³⁾	Only government-guaranteed/insured mortgage loans continue to accrue interest after they become 90 days or more past due.

Allowance for Credit Losses on Financing Receivables [Table Text Block]

The following table presents the activity in the allowance for credit losses on conventional mortgage loans held for portfolio during the three and nine months ended September 30, 2013 and 2012 (in thousands):



	Three Months Ended September 30,					Nine Months Ended September 30,
	2013		2012			2013			2012
Balance, beginning of period	$	175	$	190		$	183		$	192
Chargeoffs	—		(7		)	(8		)	(9		)
Balance, end of period	$	175	$	183		$	175		$	183

Allowance for Credit Losses and Recorded Investment by Impairment Methodology [Table Text Block]

The following table presents information regarding the balances of the Bank's conventional mortgage loans held for portfolio that were individually or collectively evaluated for impairment as well as information regarding the ending balance of the allowance for credit losses as of September 30, 2013 and December 31, 2012 (in thousands).



	September 30, 2013		December 31, 2012
Ending balance of allowance for credit losses related to loans collectively evaluated for impairment	$	175	$	183

Unpaid principal balance
Individually evaluated for impairment	$	927	$	1,092
Collectively evaluated for impairment	45,380		58,787
	$	46,307	$	59,879