LOANS (Tables)

9 Months Ended

Sep. 30, 2016

Portfolio loans consist of the following:

	September 30,			December 31,
	2016			2015
	(Dollars in thousands)
Commercial loans
Multifamily	$	107,066		$	80,170
Nonresidential		225,699			175,456
Land		9,401			9,301
Construction		45,137			38,812
Secured		96,331			63,182
Unsecured		10,549			2,831
Total commercial loans		494,183			369,752
Residential mortgage loans
One-to four-family		755,893			733,685
Construction		35,875			40,898
Total residential mortgage loans		791,768			774,583
Consumer loans
Home equity		162,979			161,338
Auto		28,269			11,348
Marine		1,859			2,699
Recreational vehicle		8,199			10,656
Other		2,545			2,217
Total consumer loans		203,851			188,258
Total loans		1,489,802			1,332,593
Less:
Allowance for loan losses		18,234			17,712
Deferred loan costs, net		(2,381	)		(1,311	)
Total		15,853			16,401
Loans, net	$	1,473,949		$	1,316,192

Investment in Loans by Portfolio Segment and Based on Impairment

The following tables present the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and are based on impairment method as of September 30, 2016 and December 31, 2015 and activity for the three and nine months ended September 30, 2016 and 2015.

Allowance For Loan Losses

	Commercial Loans			Residential Loans			Consumer Loans			Total
	(Dollars in thousands)
For the three months ended September 30, 2016
Beginning balance	$	8,958		$	5,644		$	2,570		$	17,172
Provision		842			268			234			1,344
Charge-offs		(533	)		(166	)		(222	)		(921	)
Recoveries		527			20			92			639
Ending balance	$	9,794		$	5,766		$	2,674		$	18,234
For the nine months ended September 30, 2016
Beginning balance	$	8,077		$	6,630		$	3,005		$	17,712
Provision (recovery)		4,055			(359	)		198			3,894
Charge-offs		(3,026	)		(612	)		(977	)		(4,615	)
Recoveries		688			107			448			1,243
Ending balance	$	9,794		$	5,766		$	2,674		$	18,234
September 30, 2016
Period-end amount allocated to:
Loans individually evaluated for impairment	$	1,016		$	1,342		$	516		$	2,874
Loans collectively evaluated for impairment		8,778			4,424			2,158			15,360
Ending balance	$	9,794		$	5,766		$	2,674		$	18,234
Period-end balances:
Loans individually evaluated for impairment	$	13,697		$	17,848		$	8,708		$	40,253
Loans collectively evaluated for impairment		480,486			773,920			195,143			1,449,549
Ending balance	$	494,183		$	791,768		$	203,851		$	1,489,802

Allowance For Loan Losses

	Commercial Loans			Residential Loans			Consumer Loans			Total
For the three months ended September 30, 2015
Beginning balance	$	6,389		$	7,082		$	3,410		$	16,881
Provision (recovery)		1,375			(348	)		(354	)		673
Charge-offs		(252	)		(83	)		(178	)		(513	)
Recoveries		189			66			186			441
Ending balance	$	7,701		$	6,717		$	3,064		$	17,482
For the nine months ended September 30, 2015
Beginning balance	$	5,690		$	8,517		$	3,480		$	17,687
Provision (recovery)		2,548			(1,498	)		192			1,242
Charge-offs		(1,047	)		(576	)		(1,068	)		(2,691	)
Recoveries		510			274			460			1,244
Ending balance	$	7,701		$	6,717		$	3,064		$	17,482
December 31, 2015
Period-end amount allocated to:
Loans individually evaluated for impairment	$	568		$	1,541		$	707		$	2,816
Loans collectively evaluated for impairment		7,509			5,089			2,298			14,896
Ending balance	$	8,077		$	6,630		$	3,005		$	17,712
Period-end balances:
Loans individually evaluated for impairment	$	9,698		$	19,348		$	10,613		$	39,659
Loans collectively evaluated for impairment		360,054			755,235			177,645			1,292,934
Ending balance	$	369,752		$	774,583		$	188,258		$	1,332,593

Presentation of Loans Individually Evaluated for Impairment by Class

The following table presents loans individually evaluated for impairment by class of loans as of and for nine months ended September 30, 2016:

Impaired Loans

(Dollars in thousands)

	Unpaid Principal Balance		Recorded Investment		Allowance for Loan Losses Allocated		Average Recorded Investment		Interest Income Recognized		Cash Basis Income Recognized
With no specific allowance recorded
Commercial loans
Multifamily	$	59	$	—	$	—	$	—	$	—	$	—
Nonresidential		952		149		—		248		4		4
Land		3,922		134		—		322		—		—
Construction		3,594		—		—		—		—		—
Secured		3,743		3,700		—		3,700		—		—
Unsecured		821		—		—		—		7		7
Total commercial loans		13,091		3,983		—		4,270		11		11
Residential mortgage loans
One-to four-family		7,401		5,727		—		6,049		55		49
Construction		—		—		—		—		—		—
Total residential mortgage loans		7,401		5,727		—		6,049		55		49
Consumer loans
Home equity		1,728		1,272		—		1,415		14		14
Auto		13		8		—		10		—		—
Marine		543		301		—		294		—		—
Recreational vehicle		637		322		—		241		4		4
Other		—		—		—		3		—		—
Total consumer loans		2,921		1,903		—		1,963		18		18
Total	$	23,413	$	11,613	$	—	$	12,282	$	84	$	78
With a specific allowance recorded
Commercial loans
Multifamily	$	—	$	—	$	—	$	—	$	—	$	—
Nonresidential		11,660		9,164		935		7,911		208		206
Land		—		—		—		—		—		—
Construction		—		—		—		—		—		—
Secured		616		550		81		692		—		—
Unsecured		—		—		—		—		—		—
Total commercial loans		12,276		9,714		1,016		8,603		208		206
Residential mortgage loans
One-to four-family		12,123		12,121		1,342		12,587		423		373
Construction		—		—		—		—		—		—
Total residential mortgage loans		12,123		12,121		1,342		12,587		423		373
Consumer loans
Home equity		5,997		5,997		435		6,592		257		238
Auto		—		—		—		—		—		—
Marine		153		153		4		158		6		4
Recreational vehicle		655		655		77		815		20		19
Other		—		—		—		2		—		—
Total consumer loans		6,805		6,805		516		7,567		283		261
Total		31,204		28,640		2,874		28,757		914		840
Total impaired loans	$	54,617	$	40,253	$	2,874	$	41,039	$	998	$	918

The following tables present loans individually evaluated for impairment by class of loans as of and for nine months ended September 30, 2015:

Impaired Loans

(Dollars in thousands)

	Unpaid Principal Balance		Recorded Investment		Allowance for Loan Losses Allocated		Average Recorded Investment		Interest Income Recognized		Cash Basis Income Recognized
With no specific allowance recorded
Commercial loans
Multifamily	$	169	$	—	$	—	$	43	$	4	$	4
Nonresidential		1,780		369		—		2,708		5		5
Land		3,922		484		—		511		—		—
Construction		1,126		—		—		116		—		—
Secured		3,890		3,700		—		3,701		—		—
Unsecured		1,248		—		—		—		—		—
Total commercial loans		12,135		4,553		—		7,079		9		9
Residential mortgage loans
One-to four-family		5,374		3,914		—		4,373		56		50
Construction		—		—		—		—		—		—
Total residential mortgage loans		5,374		3,914		—		4,373		56		50
Consumer loans
Home equity		1,709		1,179		—		1,377		14		12
Auto		27		19		—		28		—		—
Marine		499		273		—		250		2		2
Recreational vehicle		94		65		—		70		2		2
Other		—		—		—		—		—		—
Total consumer loans		2,329		1,536		—		1,725		18		16
Total	$	19,838	$	10,003	$	—	$	13,177	$	83	$	75
With a specific allowance recorded
Commercial loans
Multifamily	$	—	$	—	$	—	$	23	$	—	$	—
Nonresidential		5,324		5,144		584		5,303		101		99
Land		—		—		—		—		—		—
Construction		2,815		327		42		595		—		—
Secured		324		324		3		324		—		—
Unsecured		—		—		—		—		—		—
Total commercial loans		8,463		5,795		629		6,245		101		99
Residential mortgage loans
One-to four-family		14,390		14,390		1,596		14,626		497		439
Construction		—		—		—		—		—		—
Total residential mortgage loans		14,390		14,390		1,596		14,626		497		439
Consumer loans
Home equity		8,336		8,336		628		8,931		344		321
Auto		—		—		—		4		—		—
Marine		—		—		—		—		—		—
Recreational vehicle		589		589		117		685		9		9
Other		—		—		—		—		—		—
Total consumer loans		8,925		8,925		745		9,620		353		330
Total		31,778		29,110		2,970		30,491		951		868
Total impaired loans	$	51,616	$	39,113	$	2,970	$	43,668	$	1,034	$	943

The following table present loans individually evaluated for impairment by class of loans as of December 31, 2015:

Impaired Loans

(Dollars in thousands)

	Unpaid Principal Balance		Recorded Investment		Allowance for Loan Losses Allocated
With no specific allowance recorded
Commercial loans
Multifamily	$	165	$	—	$	—
Nonresidential		1,215		306		—
Land		3,922		384		—
Construction		3,593		—		—
Secured		3,884		3,700		—
Unsecured		1,132		—		—
Total commercial loans		13,911		4,390		—
Residential mortgage loans
One-to four-family		7,607		5,866		—
Construction		—		—		—
Total residential mortgage loans		7,607		5,866		—
Consumer loans
Home equity		2,245		1,718		—
Auto		20		14		—
Marine		496		271		—
Recreational vehicle		121		78		—
Other		3		3		—
Total consumer loans		2,885		2,084		—
Total	$	24,403	$	12,340	$	—
With a specific allowance recorded
Commercial loans
Multifamily	$	—	$	—	$	—
Nonresidential		5,164		4,984		565
Land		—		—		—
Construction		—		—		—
Secured		324		324		3
Unsecured		—		—		—
Total commercial loans		5,488		5,308		568
Residential mortgage loans
One-to four-family		13,482		13,482		1,541
Construction		—		—		—
Total residential mortgage loans		13,482		13,482		1,541
Consumer loans
Home equity		7,236		7,236		522
Auto		—		—		—
Marine		163		163		3
Recreational vehicle		1,122		1,122		181
Other		8		8		1
Total consumer loans		8,529		8,529		707
Total		27,499		27,319		2,816
Total impaired loans	$	51,902	$	39,659	$	2,816

The following tables present loans individually evaluated for impairment by class of loans as of and for the three months ended September 30, 2016:

Impaired Loans

(Dollars in thousands)

	Average Recorded Investment		Interest Income Recognized		Cash Basis Income Recognized
With no specific allowance recorded
Commercial loans
Multifamily	$	—	$	—	$	—
Nonresidential		238		1		1
Land		259		—		—
Construction		—		—		—
Secured		3,700		—		—
Unsecured		—		—		—
Total commercial loans		4,197		1		1
Residential mortgage loans
One-to four-family		6,125		19		19
Construction		—		—		—
Total residential mortgage loans		6,125		19		19
Consumer loans
Home equity		1,306		9		9
Auto		9		—		—
Marine		302		—		—
Recreational vehicle		298		1		1
Other		2		—		—
Total consumer loans		1,917		10		10
Total	$	12,239	$	30	$	30
With a specific allowance recorded
Commercial loans
Multifamily	$	—	$	—	$	—
Nonresidential		8,868		84		84
Land		—		—		—
Construction		—		—		—
Secured		742		—		—
Unsecured		—		—		—
Total commercial loans		9,610		84		84
Residential mortgage loans
One-to four-family		12,077		132		127
Construction		—		—		—
Total residential mortgage loans		12,077		132		127
Consumer loans
Home equity		6,138		77		76
Auto		—		—		—
Marine		155		2		2
Recreational vehicle		724		6		6
Other		—		—		—
Total consumer loans		7,017		85		84
Total		28,704		301		295
Total impaired loans	$	40,943	$	331	$	325

The following tables present loans individually evaluated for impairment by class of loans as of and for the three months ended September 30, 2015:

Impaired Loans

(Dollars in thousands)

	Average Recorded Investment		Interest Income Recognized		Cash Basis Income Recognized
With no specific allowance recorded
Commercial loans
Multifamily	$	—	$	1	$	1
Nonresidential		1,400		1		1
Land		490		—
Construction		44		—		—
Secured		3,700		—		—
Unsecured		—		—		—
Total commercial loans		5,634		2		2
Residential mortgage loans
One-to four-family		4,163		26		24
Construction		—		—		—
Total residential mortgage loans		4,163		26		24
Consumer loans
Home equity		1,284		4		4
Auto		21		—		—
Marine		279		—		—
Recreational vehicle		66		1		—
Other		—		—		—
Total consumer loans		1,650		5		4
Total	$	11,447	$	33	$	30
With a specific allowance recorded
Commercial loans
Multifamily	$	43	$	—	$	—
Nonresidential		5,643		26		26
Land		—		—		—
Construction		327		—		—
Secured		324		—		—
Unsecured		—		—		—
Total commercial loans		6,337		26		26
Residential mortgage loans
One-to four-family		14,609		173		166
Construction		—		—		—
Total residential mortgage loans		14,609		173		166
Consumer loans
Home equity		8,445		117		116
Auto		2		—		—
Marine		—		—		—
Recreational vehicle		647		—		—
Other		—		—		—
Total consumer loans		9,094		117		116
Total		30,040		316		308
Total impaired loans	$	41,487	$	349	$	338

Loans in Process of Foreclosure

The table below presents loans that are in the process of foreclosure at September 30, 2016 and December 31, 2015, but legal title, deed in lieu of foreclosure or similar legal agreement to the property has not yet been obtained:

	September 30, 2016				December 31, 2015
	Unpaid Principal Balance		Recorded Investment		Unpaid Principal Balance		Recorded Investment
	(Dollars in thousands)				(Dollars in thousands)
Mortgage loans in process of foreclosure	$	3,142	$	2,862	$	1,294	$	1,162
Consumer loans in process of foreclosure		1,306		1,098		845		643

Presentation of Recorded Investment in Nonaccrual Loans and Loans Past Due Over 90 Days and Still on Accrual by Class of Loans

The following table presents the recorded investment in nonaccrual and loans past due over 90 days and still on accrual by class of loans as of September 30, 2016:

Nonaccrual Loans and Loans Past Due Over 90 Days and Still Accruing

As of September 30, 2016

	Nonaccrual		Loans past due over 90 days and still accruing
	(Dollars in thousands)
Commercial loans
Multifamily	$	—	$	—
Nonresidential		6,879		—
Land		134		—
Construction		—		—
Secured		4,242		—
Unsecured		—		—
Total commercial loans		11,255		—
Residential mortgage loans
One-to four-family		5,835		—
Construction		—		—
Total residential mortgage loans		5,835		—
Consumer Loans
Home equity		1,767		—
Auto		17		—
Marine		244		—
Recreational vehicle		327		—
Other		3		—
Total consumer loans		2,358		—
Total nonaccrual loans and loans past due over 90 days and still accruing	$	19,448	$	—

The following table presents the recorded investment in nonaccrual and loans past due over 90 days and still on accrual by class of loans as of December 31, 2015:

Nonaccrual Loans and Loans Past Due Over 90 Days and Still Accruing

As of December 31, 2015

	Nonaccrual		Loans past due over 90 days and still accruing
	(Dollars in thousands)
Commercial loans
Multifamily	$	—	$	—
Nonresidential		3,599		—
Land		384		—
Construction		—		—
Secured		4,016		—
Unsecured		—		—
Total commercial loans		7,999		—
Residential mortgage loans
One-to four-family		6,181		—
Construction		—		—
Total residential mortgage loans		6,181		—
Consumer Loans
Home equity		1,804		—
Auto		23		—
Marine		218		—
Recreational vehicle		511		—
Other		11		—
Total consumer loans		2,567		—
Total nonaccrual loans and loans past due over 90 days and still accruing	$	16,747	$	—

Presentation of Age Analysis of Past-Due Loans, Segregated by Class of Loans

The following table presents an age analysis of past-due loans, segregated by class of loans as of September 30, 2016:

Past Due Loans

(Dollars in thousands)

	30-59 Days Past Due		60-89 Days Past Due		Greater than 90 Days Past Due		Total Past Due		Current Loans		Total Loans
Commercial loans
Multifamily	$	—	$	—	$	—	$	—	$	107,066	$	107,066
Nonresidential		27		—		3,415		3,442		222,257		225,699
Land		—		—		134		134		9,267		9,401
Construction		—		—		—		—		45,137		45,137
Secured		—		—		4,242		4,242		92,089		96,331
Unsecured		—		—		—		—		10,549		10,549
Total commercial loans		27		—		7,791		7,818		486,365		494,183
Residential mortgage loans
One-to four-family		3,669		1,195		5,509		10,373		745,520		755,893
Construction		—		—		—		—		35,875		35,875
Total residential mortgage loans		3,669		1,195		5,509		10,373		781,395		791,768
Consumer Loans:
Home equity		926		261		1,552		2,739		160,240		162,979
Automobile		—		7		5		12		28,257		28,269
Marine		43		—		244		287		1,572		1,859
Recreational vehicle		246		82		246		574		7,625		8,199
Other		2		1		3		6		2,539		2,545
Total consumer loans		1,217		351		2,050		3,618		200,233		203,851
Total loans	$	4,913	$	1,546	$	15,350	$	21,809	$	1,467,993	$	1,489,802

The following table presents an age analysis of past-due loans, segregated by class of loans as of December 31, 2015:

Past Due Loans

(Dollars in thousands)

	30-59 Days Past Due		60-89 Days Past Due		Greater than 90 Days Past Due		Total Past Due		Current Loans		Total Loans
Commercial loans
Multifamily	$	—	$	—	$	—	$	—	$	80,170	$	80,170
Nonresidential		—		—		3,558		3,558		171,898		175,456
Land		—		—		384		384		8,917		9,301
Construction		—		—		—		—		38,812		38,812
Secured		488		—		4,016		4,504		58,678		63,182
Unsecured		—		—		—		—		2,831		2,831
Total commercial loans		488		—		7,958		8,446		361,306		369,752
Residential mortgage loans
One-to four-family		3,843		635		5,901		10,379		723,306		733,685
Construction		—		—		—		—		40,898		40,898
Total residential mortgage loans		3,843		635		5,901		10,379		764,204		774,583
Consumer Loans:
Home equity		961		268		1,788		3,017		158,321		161,338
Automobile		5		—		10		15		11,333		11,348
Marine		—		51		117		168		2,531		2,699
Recreational vehicle		71		—		494		565		10,091		10,656
Other		15		1		11		27		2,190		2,217
Total consumer loans		1,052		320		2,420		3,792		184,466		188,258
Total loans	$	5,383	$	955	$	16,279	$	22,617	$	1,309,976	$	1,332,593

Loans by Class Modified as Troubled Debt Restructurings

The following table presents loans by class modified as troubled debt restructurings that occurred during the three months ended September 30, 2016:

	Number of Loans		Pre-Modification Outstanding Recorded Investment		Post-Modification Recorded Investment
			(In thousands)
Commercial loans
Multifamily		—	$	—	$	—
Nonresidential		1		1,371		1,377
Land		—		—		—
Construction		—		—		—
Secured		—		—		—
Unsecured		—		—		—
Total commercial loans		1		1,371		1,377
Residential mortgage loans
One-to four-family		1		113		114
Construction		—		—		—
Total residential mortgage loans		1		113		114
Consumer loans
Home equity		—		—		—
Auto		—		—		—
Marine		—		—		—
Recreational vehicle		—		—		—
Other		—		—		—
Total consumer loans		—		—		—
Total restructured loans		2	$	1,484	$	1,491

The following table presents loans by class modified as troubled debt restructurings that occurred during the nine months ended September 30, 2016:

	Number of Loans		Pre-Modification Outstanding Recorded Investment		Post-Modification Recorded Investment
			(In thousands)
Commercial loans
Multifamily		—	$	—	$	—
Nonresidential		3		5,459		5,465
Land		—		—		—
Construction		—		—		—
Secured		—		—		—
Unsecured		—		—		—
Total commercial loans		3		5,459		5,465
Residential mortgage loans
One-to four-family		4		429		449
Construction		—		—		—
Total residential mortgage loans		4		429		449
Consumer loans
Home equity		3		130		134
Auto		—		—		—
Marine		—		—		—
Recreational vehicle		—		—		—
Other		—		—		—
Total consumer loans		3		130		134
Total restructured loans		10	$	6,018	$	6,048

The following table presents loans by class modified as troubled debt restructurings that occurred during the three months ended September 30, 2015:

	Number of Loans		Pre-Modification Outstanding Recorded Investment		Post-Modification Recorded Investment
			(Dollars in thousands)
Commercial loans
Multifamily		—	$	—	$	—
Nonresidential		—		—		—
Land		—		—		—
Construction		—		—		—
Secured		—		—		—
Unsecured		—		—		—
Total commercial loans		—		—		—
Residential mortgage loans
One-to four-family		2		156		189
Construction		—		—		—
Total residential mortgage loans		2		156		189
Consumer loans
Home equity		5		178		178
Auto		—		—		—
Marine		—		—		—
Recreational vehicle		—		—		—
Other		—		—		—
Total consumer loans		5		178		178
Total restructured loans		7	$	334	$	367

The following table presents loans by class modified as troubled debt restructurings that occurred during the nine months ended September 30, 2015:

	Number of Loans		Pre-Modification Outstanding Recorded Investment		Post-Modification Recorded Investment
			(Dollars in thousands)
Commercial loans
Multifamily		—	$	—	$	—
Nonresidential		—		—		—
Land		—		—		—
Construction		—		—		—
Secured		—		—		—
Unsecured		—		—		—
Total commercial loans		—		—		—
Residential mortgage loans
One-to four-family		12		1,066		1,119
Construction		—		—		—
Total residential mortgage loans		12		1,066		1,119
Consumer loans
Home equity		11		660		661
Auto		—		—		—
Marine		—		—		—
Recreational vehicle		—		—		—
Other		—		—		—
Total consumer loans		11		660		661
Total restructured loans		23	$	1,726	$	1,780

Loans by Class Modified as Troubled Debt Restructurings with Payment Default

The following table presents loans by class modified as troubled debt restructurings for which there was a payment default within a twelve month cycle following the modification during the period ended September 30, 2016.

	Number of loans		Recorded Investment
			(Dollars in thousands)
Commercial loans
Multifamily		—	$	—
Nonresidential		—		—
Land		—		—
Construction		—		—
Secured		—		—
Unsecured		—		—
Total commercial loans		—		—
Residential mortgage loans
One-to four-family		1		4
Construction		—		—
Total residential mortgage loans		1		4
Consumer loans
Home equity		—		—
Auto		—		—
Marine		—		—
Recreational vehicle		—		—
Other		—		—
Total consumer loans		—		—
Total restructured loans		1	$	4

	Number of loans		Recorded Investment
			(Dollars in thousands)
Commercial loans
Multifamily		—	$	—
Nonresidential		—		—
Land		—		—
Construction		—		—
Secured		—		—
Unsecured		—		—
Total commercial loans		—		—
Residential mortgage loans
One-to four-family		—		—
Construction		—		—
Total residential mortgage loans		—		—
Consumer loans
Home equity		2		52
Auto		—		—
Marine		—		—
Recreational vehicle		—		—
Other		—		—
Total consumer loans		2		52
Total restructured loans		2	$	52

Risk Category of Loans by Class of Loans

As of September 30, 2016 and December 31, 2015, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows:

Loans

September 30, 2016

(Dollars in thousands)

	Unclassified				Classified
	Unclassified		Special Mention		Substandard		Doubtful		Loss		Total Classified		Total Loans
Commercial Loans
Multifamily	$	102,892	$	3,604	$	570	$	—	$	—	$	570	$	107,066
Nonresidential		206,356		5,826		13,517		—		—		13,517		225,699
Land		9,267		—		134		—		—		134		9,401
Construction		45,137		—		—		—		—		—		45,137
Secured		86,858		237		9,236		—		—		9,236		96,331
Unsecured		10,454		—		95		—		—		95		10,549
Total commercial loans		460,964		9,667		23,552		—		—		23,552		494,183
Residential mortgage loans
One-to four-family		748,808		105		6,980		—		—		6,980		755,893
Construction		35,875		—		—		—		—		—		35,875
Total residential mortgage loans		784,683		105		6,980		—		—		6,980		791,768
Consumer Loans
Home equity		161,088		—		1,891		—		—		1,891		162,979
Auto		28,249		2		18		—		—		18		28,269
Marine		1,558		—		301		—		—		301		1,859
Recreational vehicle		7,855		—		344		—		—		344		8,199
Other		2,541		—		4		—		—		4		2,545
Total consumer loans		201,291		2		2,558		—		—		2,558		203,851
Total loans	$	1,446,938	$	9,774	$	33,090	$	—	$	—	$	33,090	$	1,489,802

Loans

December 31, 2015

(Dollars in thousands)

	Unclassified				Classified
	Unclassified		Special Mention		Substandard		Doubtful		Loss		Total Classified		Total Loans
Commercial Loans
Multifamily	$	75,535	$	3,727	$	908	$	—	$	—	$	908	$	80,170
Nonresidential		151,415		4,121		19,920		—		—		19,920		175,456
Land		8,917		—		384		—		—		384		9,301
Construction		38,812		—		—		—		—		—		38,812
Secured		53,801		3,037		6,344		—		—		6,344		63,182
Unsecured		2,728		—		103		—		—		103		2,831
Total commercial loans		331,208		10,885		27,659		—		—		27,659		369,752
Residential mortgage loans
One-to four-family		726,922		111		6,652		—		—		6,652		733,685
Construction		40,898		—		—		—		—		—		40,898
Total residential mortgage loans		767,820		111		6,652		—		—		6,652		774,583
Consumer Loans
Home equity		159,371		—		1,967		—		—		1,967		161,338
Auto		11,304		2		42		—		—		42		11,348
Marine		2,428		—		271		—		—		271		2,699
Recreational vehicle		10,157		—		499		—		—		499		10,656
Other		2,206		—		11		—		—		11		2,217
Total consumer loans		185,466		2		2,790		—		—		2,790		188,258
Total loans	$	1,284,494	$	10,998	$	37,101	$	—	$	—	$	37,101	$	1,332,593