Loans (Tables)

12 Months Ended

Dec. 31, 2018

Loans [Abstract]

Loans Individually And Collectively Evaluated For Impairment

	December 31, 2018
	Loans						Allowance for Loan Losses
(in thousands)	Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Ending Balance		Individually Evaluated for Impairment		Collectively Evaluated for Impairment		Ending Balance
Commercial and industrial	$	22	$	98,763	$	98,785	$	—	$	1,158	$	1,158
Commercial mortgages:
Multifamily		—		756,714		756,714		—		5,851		5,851
Other		—		433,330		433,330		—		3,783		3,783
Owner-occupied		520		90,731		91,251		—		743		743
Residential mortgages:
Closed end		1,814		1,807,837		1,809,651		16		18,828		18,844
Revolving home equity		743		66,967		67,710		—		410		410
Consumer and other		324		5,634		5,958		—		49		49
	$	3,423	$	3,259,976	$	3,263,399	$	16	$	30,822	$	30,838

	December 31, 2017
Commercial and industrial	$	48	$	109,575	$	109,623	$	—	$	1,441	$	1,441
Commercial mortgages:
Multifamily		—		682,593		682,593		—		6,423		6,423
Other		—		414,783		414,783		—		4,734		4,734
Owner-occupied		531		95,100		95,631		—		1,076		1,076
Residential mortgages:
Closed end		1,368		1,557,196		1,558,564		18		19,329		19,347
Revolving home equity		—		83,625		83,625		—		689		689
Consumer and other		—		5,533		5,533		—		74		74
	$	1,947	$	2,948,405	$	2,950,352	$	18	$	33,766	$	33,784

Allowance For Loan Losses

(in thousands)	Balance at 1/1/18		Chargeoffs		Recoveries		Provision for Loan Losses (Credit)		Balance at 12/31/18
Commercial and industrial	$	1,441	$	683	$	34	$	366	$	1,158
Commercial mortgages:
Multifamily		6,423		—		—		(572)		5,851
Other		4,734		—		—		(951)		3,783
Owner-occupied		1,076		—		—		(333)		743
Residential mortgages:
Closed end		19,347		552		118		(69)		18,844
Revolving home equity		689		253		150		(176)		410
Consumer and other		74		9		4		(20)		49
	$	33,784	$	1,497	$	306	$	(1,755)	$	30,838

(in thousands)	Balance at 1/1/17		Chargeoffs		Recoveries		Provision for  Loan Losses (Credit)		Balance at 12/31/17
Commercial and industrial	$	1,408	$	102	$	13	$	122	$	1,441
Commercial mortgages:
Multifamily		6,119		—		—		304		6,423
Other		4,296		—		—		438		4,734
Owner-occupied		959		820		—		937		1,076
Residential mortgages:
Closed end		15,740		97		3		3,701		19,347
Revolving home equity		1,401		100		—		(612)		689
Consumer and other		134		27		3		(36)		74
	$	30,057	$	1,146	$	19	$	4,854	$	33,784

(in thousands)	Balance at 1/1/16		Chargeoffs		Recoveries		Provision for Loan Losses (Credit)		Balance at 12/31/16
Commercial and industrial	$	928	$	445	$	4	$	921	$	1,408
Commercial mortgages:
Multifamily		6,858		—		—		(739)		6,119
Other		3,674		—		—		622		4,296
Owner-occupied		1,047		—		—		(88)		959
Residential mortgages:
Closed end		13,639		259		9		2,351		15,740
Revolving home equity		1,016		—		12		373		1,401
Consumer and other		94		5		5		40		134
	$	27,256	$	709	$	30	$	3,480	$	30,057

Impaired Loans

	2018
(in thousands)	Recorded Investment		Unpaid Principal Balance		Related Allowance		Average Recorded Investment		Interest Income Recognized
With no related allowance recorded:
Commercial and industrial	$	22	$	22	$	—	$	48	$	3
Commercial mortgages - owner-occupied		520		604		—		530		25
Residential mortgages:
Closed end		1,561		1,573		—		1,566		5
Revolving home equity		743		747		—		754		—
Consumer and other		324		324		—		339		17
With an allowance recorded:
Residential mortgages - closed end		253		253		16		266		12
Total:
Commercial and industrial		22		22		—		48		3
Commercial mortgages - owner-occupied		520		604		—		530		25
Residential mortgages:
Closed end		1,814		1,826		16		1,832		17
Revolving home equity		743		747		—		754		—
Consumer and other		324		324		—		339		17
	$	3,423	$	3,523	$	16	$	3,503	$	62

	2017
With no related allowance recorded:
Commercial and industrial	$	48	$	48	$	—	$	67	$	5
Commercial mortgages - owner-occupied		531		615		—		654		21
Residential mortgages - closed end		1,095		1,102		—		1,122		7
With an allowance recorded:
Residential mortgages - closed end		273		272		18		280		13
Total:
Commercial and industrial		48		48		—		67		5
Commercial mortgages - owner-occupied		531		615		—		654		21
Residential mortgages - closed end		1,368		1,374		18		1,402		20
	$	1,947	$	2,037	$	18	$	2,123	$	46

	2016
With no related allowance recorded:
Commercial and industrial	$	131	$	131	$	—	$	134	$	1
Commercial mortgages - owner-occupied		558		636		—		575		—
Residential mortgages:
Closed end		230		313		—		245		—
Revolving home equity		280		279		—		280		—
With an allowance recorded:
Residential mortgages:
Closed end		626		634		45		641		29
Revolving home equity		1,490		1,491		482		1,493		—
Total:
Commercial and industrial		131		131		—		134		1
Commercial mortgages - owner-occupied		558		636		—		575		—
Residential mortgages:
Closed end		856		947		45		886		29
Revolving home equity		1,770		1,770		482		1,773		—
	$	3,315	$	3,484	$	527	$	3,368	$	30

Aging Of The Recorded Investment In Loans

	December 31, 2018
(in thousands)	30-59 Days Past Due		60-89 Days Past Due		Past Due 90 Days or More and Still Accruing		Nonaccrual Loans		Total Past Due Loans & Nonaccrual Loans		Current		Total Loans
Commercial and industrial	$	—	$	43	$	—	$	—	$	43	$	98,742	$	98,785
Commercial mortgages:
Multifamily		—		—		—		—		—		756,714		756,714
Other		—		—		—		—		—		433,330		433,330
Owner-occupied		—		—		—		—		—		91,251		91,251
Residential mortgages:
Closed end		864		—		—		1,392		2,256		1,807,395		1,809,651
Revolving home equity		—		—		—		743		743		66,967		67,710
Consumer and other		2		—		—		—		2		5,956		5,958
	$	866	$	43	$	—	$	2,135	$	3,044	$	3,260,355	$	3,263,399

	December 31, 2017
Commercial and industrial	$	20	$	—	$	—	$	—	$	20	$	109,603	$	109,623
Commercial mortgages:
Multifamily		—		—		—		—		—		682,593		682,593
Other		—		—		—		—		—		414,783		414,783
Owner-occupied		—		—		—		—		—		95,631		95,631
Residential mortgages:
Closed end		2,186		21		—		1,000		3,207		1,555,357		1,558,564
Revolving home equity		522		—		—		—		522		83,103		83,625
Consumer and other		7		—		—		—		7		5,526		5,533
	$	2,735	$	21	$	—	$	1,000	$	3,756	$	2,946,596	$	2,950,352

Loans Modified In Trouble Debt Restructurings

	Outstanding Recorded Investment					Interest Rates
(dollars in thousands)	Number of Loans	Pre- Modification		Post- Modification		Pre- Modification	Post- Modification
2018:
Residential mortgages - closed end	1	$	432	$	472	5.86%	4.50%
Consumer and other	1		350		350	6.50%	6.50%
	2	$	782	$	822
2016:
Commercial and industrial	2	$	1,131	$	1,131	5.00% and 6.75%	5.00% and 6.75%
Residential mortgages - closed end	1		109		109	3.95%	3.95%
	3	$	1,240	$	1,240

Risk Ratings

The following tables present the recorded investment in commercial and industrial loans and commercial real estate loans by class of loans and risk rating. Loans shown as Pass are all loans other than those risk rated Watch, Special Mention, Substandard or Doubtful.

	December 31, 2018
	Internally Assigned Risk Rating
					Special
(in thousands)	Pass		Watch		Mention		Substandard		Doubtful		Total
Commercial and industrial	$	97,684	$	—	$	667	$	434	$	—	$	98,785
Commercial mortgages:
Multifamily		756,714		—		—		—		—		756,714
Other		417,838		14,194		1,298		—		—		433,330
Owner-occupied		85,710		1,090		3,911		540		—		91,251
	$	1,357,946	$	15,284	$	5,876	$	974	$	—	$	1,380,080

	December 31, 2017
Commercial and industrial	$	108,846	$	450	$	279	$	48	$	—	$	109,623
Commercial mortgages:
Multifamily		673,128		2,354		7,111		—		—		682,593
Other		404,379		7,567		2,837		—		—		414,783
Owner-occupied		93,618		—		1,482		531		—		95,631
	$	1,279,971	$	10,371	$	11,709	$	579	$	—	$	1,302,630

The following tables present the recorded investment in residential mortgage loans, home equity lines and other consumer loans by class of loans and risk rating. Loans shown as Pass are all loans other than those risk rated Watch, Special Mention, Substandard or Doubtful.

	December 31, 2018
	Internally Assigned Risk Rating
					Special
(in thousands)	Pass		Watch		Mention		Substandard		Doubtful		Total
Residential mortgages:
Closed end	$	1,807,525	$	312	$	—	$	1,814	$	—	$	1,809,651
Revolving home equity		66,718		—		249		743		—		67,710
Consumer and other		4,958		—		—		324		—		5,282
	$	1,879,201	$	312	$	249	$	2,881	$	—	$	1,882,643

	December 31, 2017
	Internally Assigned Risk Rating
(in thousands)	Pass		Watch		Special Mention		Substandard		Doubtful		Total
Residential mortgages:
Closed end	$	1,554,168	$	2,200	$	828	$	1,368	$	—	$	1,558,564
Revolving home equity		82,665		256		704		—		—		83,625
Consumer and other		5,236		—		—		—		—		5,236
	$	1,642,069	$	2,456	$	1,532	$	1,368	$	—	$	1,647,425