XML 88 R56.htm IDEA: XBRL DOCUMENT v3.22.2
Loans Receivable and Allowance for Credit Losses - Narrative (Details)
3 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2022
USD ($)
loan
Jun. 30, 2021
USD ($)
loan
Jun. 30, 2022
USD ($)
loan
Jun. 30, 2021
USD ($)
loan
Dec. 31, 2021
USD ($)
loan
Mar. 31, 2022
USD ($)
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Accrued interest receivable on loans receivable $ 24,100,000   $ 24,100,000      
Loans held-for-sale 0   0   $ 0  
Proceeds from sales of loans held-for-sale     3,212,000 $ 274,980,000    
Gain on sale of loans held-for-sale 0   110,000 8,400,000    
Loss on sale of loans held-for-sale 0   0 0    
Purchases of loans receivable 0   0 $ 71,590,000    
Financing receivable, excluding accrued interest, before allowance for credit loss 6,982,796,000   6,982,796,000   6,360,601,000  
Carrying value of servicing liability $ 521,700,000   $ 521,700,000   $ 519,500,000  
Threshold period, past due status of financial receivables     30 days      
Threshold period, past due for nonperforming status of financial receivables 90 days   90 days   90 days  
Non-accrual $ 4,500,000   $ 4,500,000   $ 3,900,000  
Financing receivable, excluding accrued interest, 90 days or more past due, still accruing 0   0   0  
Real estate owned 0   0   0  
Mortgage loans in process of foreclosure, amount 87,000   87,000   87,000  
Specific allowance for loan losses attributable to impaired loans 385,000   385,000   378,000  
Impaired loans for which there are no related allowance for loan losses 15,033,000   15,033,000   17,280,000  
Financing receivable, modifications, recorded investment $ 20,800,000   $ 20,800,000   22,400,000  
Number of loans | loan 0 2 1 2    
Off-balance sheet, credit loss, liability $ 8,358,000   $ 8,358,000   524,000 $ 8,846,000
Off-balance sheet, credit loss, liability, credit loss expense (reversal) (488,000)   160,000      
Real estate loans | One-to-four family            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Proceeds from sales of loans held-for-sale 589,000 $ 14,400,000 589,000 $ 15,600,000    
Gain on sale of loans held-for-sale   277,000        
Loss on sale of loans held-for-sale   $ 0        
Specific allowance for loan losses attributable to impaired loans 246,000   246,000   258,000  
Impaired loans for which there are no related allowance for loan losses $ 1,146,000   $ 1,146,000   1,882,000  
Number of loans | loan 0 1 0 1    
Real estate loans | Construction            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Proceeds from sales of loans held-for-sale $ 424,000 $ 31,000 $ 1,300,000 $ 6,400,000    
Gain on sale of loans held-for-sale   0        
Loss on sale of loans held-for-sale   0        
Real estate loans | Commercial real estate            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Proceeds from sales of loans held-for-sale       4,100,000    
Purchases of loans receivable   $ 71,600,000   $ 71,600,000    
Specific allowance for loan losses attributable to impaired loans 97,000   97,000   97,000  
Impaired loans for which there are no related allowance for loan losses $ 13,406,000   $ 13,406,000   13,861,000  
Number of loans | loan 0 1 0 1    
Commercial business loans            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Proceeds from sales of loans held-for-sale   $ 244,700,000 $ 1,300,000 $ 248,900,000    
Gain on sale of loans held-for-sale   7,700,000        
Loss on sale of loans held-for-sale   0        
Specific allowance for loan losses attributable to impaired loans $ 10,000   10,000   16,000  
Impaired loans for which there are no related allowance for loan losses 168,000   168,000   573,000  
Less Than 90 Days            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Non-accrual $ 1,700,000   $ 1,700,000   $ 1,700,000  
Financial receivable, number of loans in nonaccrual status | loan 10   10   10  
60-89 Days            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing receivable, modifications, recorded investment $ 30,000   $ 30,000      
Number of loans | loan     1      
30-59 Days            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing receivable, modifications, recorded investment         $ 36,000  
Number of loans | loan     1   1  
Freddie Mac            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Proceeds from Sale of Loans Receivable 0   $ 0      
Gain on sale of loans receivable   544,000   2,300,000    
Loss on sale of loans receivable   0   0    
Proceeds from securitizations of loans held-for-investment   $ 35,600,000   $ 99,600,000    
Stewardship Financial Corporation | Financial Asset Acquired with Credit Deterioration            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing receivable, excluding accrued interest, before allowance for credit loss 2,100,000   2,100,000   $ 2,700,000  
Roselle Entities | Financial Asset Acquired with Credit Deterioration            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing receivable, excluding accrued interest, before allowance for credit loss 185,000   185,000   184,000  
Freehold Entities | Financial Asset Acquired with Credit Deterioration            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing receivable, excluding accrued interest, before allowance for credit loss 3,800,000   3,800,000   3,900,000  
RSI Entites | Financial Asset Acquired with Credit Deterioration            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing receivable, excluding accrued interest, before allowance for credit loss 15,300,000   15,300,000      
Paycheck Protection Program | Commercial business loans            
Accounts, Notes, Loans and Financing Receivable [Line Items]            
Financing receivable, excluding accrued interest, before allowance for credit loss 10,600,000   10,600,000   44,900,000  
Financing receivable, unamortized loan fee $ 269,000   $ 269,000   $ 1,200,000