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Loans Receivable And Allowance For Credit Losses (Tables)

3 Months Ended

12 Months Ended

Dec. 31, 2011

Sep. 30, 2011


	December 31, 2011			September 30, 2011
	(Dollars in thousands)
Real estate loans:
One- to four-family	$	5,003,708		$	4,918,778
Multi-family and commercial		52,524			57,965
Construction		58,869			47,368
Total real estate loans		5,115,101			5,024,111

Consumer loans:
Home equity		160,029			164,541
Other		7,355			7,224
Total consumer loans		167,384			171,765

Total loans receivable		5,282,485			5,195,876

Less:
Undisbursed loan funds		33,239			22,531
ACL		15,605			15,465
Discounts/unearned loan fees		20,315			19,093
Premiums/deferred costs		(11,616	)		(10,947	)
	$	5,224,942		$	5,149,734


	December 31, 2011
					Total				Total
	30 to 89 Days		90 or More Days		Delinquent		Current		Recorded
	Delinquent		Delinquent		Loans		Loans		Investment
	(Dollars in thousands)
One- to four-family loans - originated	$	18,136	$	13,793	$	31,929	$	4,449,883	$	4,481,812
One- to four-family loans - purchased		6,854		14,220		21,074		516,739		537,813
Multi-family and commercial loans		--		--		--		53,538		53,538
Consumer - home equity		518		520		1,038		158,991		160,029
Consumer - other		225		8		233		7,122		7,355
	$	25,733	$	28,541	$	54,274	$	5,186,273	$	5,240,547

	September 30, 2011
					Total				Total
	30 to 89 Days		90 or More Days		Delinquent		Current		Recorded
	Delinquent		Delinquent		Loans		Loans		Investment
	(Dollars in thousands)
One- to four-family loans - originated	$	19,682	$	12,363	$	32,045	$	4,362,498	$	4,394,543
One- to four-family loans - purchased		6,243		13,836		20,079		520,876		540,955
Multi-family and commercial loans		--		--		--		57,936		57,936
Consumer - home equity		759		380		1,139		163,402		164,541
Consumer - other		92		3		95		7,129		7,224
	$	26,776	$	26,582	$	53,358	$	5,111,841	$	5,165,199


	December 31, 2011				September 30, 2011
	Special Mention		Substandard		Special Mention		Substandard
	(Dollars in thousands)
One- to four-family - originated	$	28,825	$	22,697	$	32,673	$	18,419
One- to four-family - purchased		435		16,481		447		15,987
Multi-family and commercial		2,864		--		7,683		--
Consumer - home equity		237		631		50		592
Consumer - other		--		9		--		5
	$	32,361	$	39,818	$	40,853	$	35,003


	December 31, 2011					September 30, 2011
	Weighted					Weighted
	Average		Weighted			Average		Weighted
	Credit		Average			Credit		Average
	Score		LTV			Score		LTV
One- to four-family - originated		763		66	%		762		66	%
One- to four-family - purchased		740		60			740		60
Consumer - home equity		744		19			742		20
		760		64	%		759		64	%


	December 31, 2011
	Restructurings
	Due to		Loan
	Financial		Endorsement
	Difficulties		Program		Total
	(Dollars in thousands)
One- to four-family loans - originated	$	25,617	$	26,458	$	52,075
One- to four-family loans - purchased		5,998		--		5,998
Multi-family and commercial loans		554		--		554
Consumer - home equity		416		--		416
Consumer - other		2		--		2
	$	32,587	$	26,458	$	59,045


	September 30, 2011
	Restructurings
	Due to		Loan
	Financial		Endorsement
	Difficulties		Program		Total
	(Dollars in thousands)
One- to four-family loans - originated	$	23,534	$	19,624	$	43,158
One- to four-family loans - purchased		6,155		--		6,155
Multi-family and commercial loans		563		--		563
Consumer - home equity		413		--		413
Consumer - other		2		--		2
	$	30,667	$	19,624	$	50,291


	Number		Pre-		Post-
	of		Restructured		Restructured
	Contracts		Outstanding		Outstanding
			(Dollars in thousands)
One- to four-family loans - originated		70	$	10,331	$	10,370
One- to four-family loans - purchased		--		--		--
Multi-family and commercial loans		--		--		--
Consumer - home equity		1		--		10
Consumer - other		--		--		--
		71	$	10,331	$	10,380


	Number
	of		Recorded
	Contracts		Investment
			(Dollars in thousands)
One- to four-family loans - originated		1	$	76
One- to four-family loans - purchased		1		401
Multi-family and commercial loans		--		--
Consumer - home equity		--		--
Consumer - other		--		--
		2	$	477



		December 31, 2011
								Current		Current
								Quarter		Quarter
				Unpaid				Average		Interest
		Recorded		Principal		Related		Recorded		Income
		Investment		Balance		ACL		Investment		Recognized
		(Dollars in thousands)
With no related allowance recorded
	One- to four-family - originated	$	48,392	$	48,541	$	--	$	48,051	$	385
	One- to four-family - purchased		7,549		7,512		--		6,812		25
	Multi-family and commercial		554		555		--		558		9
	Consumer - home equity		585		585		--		526		5
	Consumer - other		9		9		--		7		--
			57,089		57,202		--		55,954		424
With an allowance recorded
	One- to four-family - originated		2,705		2,713		280		3,001		25
	One- to four-family - purchased		12,554		12,446		3,154		13,097		30
	Multi-family and commercial		--		--		--		--		--
	Consumer - home equity		110		110		64		187		1
	Consumer - other		--		--		--		--		--
			15,369		15,269		3,498		16,285		56
Total
	One- to four-family - originated		51,097		51,254		280		51,052		410
	One- to four-family - purchased		20,103		19,958		3,154		19,909		55
	Multi-family and commercial		554		555		--		558		9
	Consumer - home equity		695		695		64		713		6
	Consumer - other		9		9		--		7		--
		$	72,458	$	72,471	$	3,498	$	72,239	$	480


		September 30, 2011
				Unpaid
		Recorded		Principal		Related
		Investment		Balance		ACL
		(Dollars in thousands)
With no related allowance recorded
	One- to four-family - originated	$	47,710	$	47,845	$	--
	One- to four-family - purchased		6,075		6,056		--
	Multi-family and commercial		563		565		--
	Consumer - home equity		468		468		--
	Consumer - other		5		5		--
			54,821		54,939		--
With an allowance recorded
	One- to four-family - originated		3,297		3,299		335
	One- to four-family - purchased		13,640		13,546		3,280
	Multi-family and commercial		--		--		--
	Consumer - home equity		264		264		140
	Consumer - other		--		--		--
			17,201		17,109		3,755
Total
	One- to four-family - originated		51,007		51,144		335
	One- to four-family - purchased		19,715		19,602		3,280
	Multi-family and commercial		563		565		--
	Consumer - home equity		732		732		140
	Consumer - other		5		5		--
		$	72,022	$	72,048	$	3,755


	For the Three Months Ended December 31, 2011
	One- to Four-			One- to Four-			One- to Four-			Multi-family
	Family -			Family -			Family -			and
	Originated			Purchased			Total			Commercial			Consumer			Total
	(Dollars in thousands)
Beginning balance	$	4,915		$	9,901		$	14,816		$	254		$	395		$	15,465
Charge-offs		(90	)		(304	)		(394	)		--			(6	)		(400	)
Recoveries		--			--			--			--			--			--
Provision (recovery) for credit losses		96			745			841			(171	)		(130	)		540
Ending balance	$	4,921		$	10,342		$	15,263		$	83		$	259		$	15,605

Ratio of net charge-offs to average loans outstanding during the quarter																	0.01	%
Ratio of net charge-offs during the quarter to average non-performing assets																	1.03	%
ACL for loans collectively
evaluated for impairment	$	4,641		$	7,188		$	11,829		$	83		$	195		$	12,107
ACL for loans individually
evaluated for impairment	$	280		$	3,154		$	3,434		$	--		$	64		$	3,498


	For the Three Months Ended September 30, 2011
	One- to Four-			One- to Four-			One- to Four-			Multi-family
	Family -			Family -			Family -			and
	Originated			Purchased			Total			Commercial			Consumer			Total
	(Dollars in thousands)

Beginning balance	$	4,458		$	9,912		$	14,370		$	272			214		$	14,856
Charge-offs		(115	)		(922	)		(1,037	)		--			(4	)		(1,041	)
Recoveries		--			--			--			--			--			--
Provision (recovery) for credit losses		572			911			1,483			(18	)		185			1,650
Ending balance	$	4,915		$	9,901		$	14,816		$	254		$	395		$	15,465

Ratio of net charge-offs to average loans outstanding during the quarter																	0.02	%
Ratio of net charge-offs during the quarter to average non-performing assets																	2.74	%
ACL for loans collectively
evaluated for impairment	$	4,580		$	6,621		$	11,201		$	254		$	255		$	11,710
ACL for loans individually
evaluated for impairment	$	335		$	3,280		$	3,615		$	--		$	140		$	3,755


	December 31, 2011
	One- to Four-		One- to Four-		One- to Four-		Multi-family
	Family -		Family -		Family -		and
	Originated		Purchased		Total		Commercial		Consumer		Total
	(Dollars in thousands)
Recorded investment of loans
collectively evaluated for impairment	$	4,430,715	$	517,710	$	4,948,425	$	52,984	$	166,680	$	5,168,089

Recorded investment of loans
individually evaluated for impairment		51,097		20,103		71,200		554		704		72,458
	$	4,481,812	$	537,813	$	5,019,625	$	53,538	$	167,384	$	5,240,547


	September 30, 2011
	One- to Four-		One- to Four-		One- to Four-		Multi-family
	Family -		Family -		Family -		and
	Originated		Purchased		Total		Commercial		Consumer		Total
	(Dollars in thousands)
Recorded investment of loans
collectively evaluated for impairment	$	4,343,536	$	521,240	$	4,864,776	$	57,373	$	171,028	$	5,093,177

Recorded investment of loans
individually evaluated for impairment		51,007		19,715		70,722		563		737		72,022
	$	4,394,543	$	540,955	$	4,935,498	$	57,936	$	171,765	$	5,165,199