Loans (Tables)

12 Months Ended

Dec. 31, 2019

Loans [Abstract]

Loans Individually And Collectively Evaluated For Impairment

	December 31, 2019
	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	$	—	$	103,879	$	103,879	$	—	$	1,493	$	1,493
Commercial mortgages:
Multifamily		—		835,013		835,013		—		7,151		7,151
Other		—		447,484		447,484		—		3,498		3,498
Owner-occupied		501		118,291		118,792		—		921		921
Residential mortgages:
Closed end		1,189		1,620,230		1,621,419		14		15,684		15,698
Revolving home equity		—		59,231		59,231		—		515		515
Consumer and other		268		2,163		2,431		—		13		13
	$	1,958	$	3,186,291	$	3,188,249	$	14	$	29,275	$	29,289

	December 31, 2018
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

Allowance For Loan Losses

(in thousands)	Balance at ‎1/1/19		Chargeoffs		Recoveries		Provision for ‎Loan Losses ‎(Credit)		Balance at ‎12/31/19
Commercial and industrial	$	1,158	$	841	$	39	$	1,137	$	1,493
Commercial mortgages:
Multifamily		5,851		—		—		1,300		7,151
Other		3,783		—		—		(285)		3,498
Owner-occupied		743		—		—		178		921
Residential mortgages:
Closed end		18,844		433		1		(2,714)		15,698
Revolving home equity		410		358		—		463		515
Consumer and other		49		1		11		(46)		13
	$	30,838	$	1,633	$	51	$	33	$	29,289

(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

Impaired Loans

	2019
(in thousands)	Recorded ‎Investment		Unpaid ‎Principal ‎Balance		Related ‎Allowance		Average ‎Recorded ‎Investment		Interest ‎Income ‎Recognized
With no related allowance recorded:
Commercial mortgages - owner-occupied	$	501	$	585	$	—	$	510	$	30
Residential mortgages - closed end		1,039		1,058		—		1,064		8
Consumer and other		268		268		—		289		19
With an allowance recorded:
Residential mortgages - closed end		150		150		14		153		7
Total:
Commercial mortgages - owner-occupied		501		585		—		510		30
Residential mortgages - closed end		1,189		1,208		14		1,217		15
Consumer and other		268		268		—		289		19
	$	1,958	$	2,061	$	14	$	2,016	$	64

	2018
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

Aging Of The Recorded Investment In Loans

	December 31, 2019
(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	$	196	$	—	$	—	$	—	$	196	$	103,683	$	103,879
Commercial mortgages:
Multifamily		—		—		—		—		—		835,013		835,013
Other		—		—		—		—		—		447,484		447,484
Owner-occupied		—		—		—		—		—		118,792		118,792
Residential mortgages:
Closed end		2,316		—		—		888		3,204		1,618,215		1,621,419
Revolving home equity		—		414		—		—		414		58,817		59,231
Consumer and other		2		—		—		—		2		2,429		2,431
	$	2,514	$	414	$	—	$	888	$	3,816	$	3,184,433	$	3,188,249

	December 31, 2018
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

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

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, 2019
	Internally Assigned Risk Rating
					Special
(in thousands)	Pass		Watch		Mention		Substandard		Doubtful		Total
Commercial and industrial	$	100,095	$	—	$	3,493	$	291	$	—	$	103,879
Commercial mortgages:
Multifamily		831,360		—		3,653		—		—		835,013
Other		437,655		—		9,829		—		—		447,484
Owner-occupied		113,534		—		4,757		501		—		118,792
	$	1,482,644	$	—	$	21,732	$	792	$	—	$	1,505,168

	December 31, 2018
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

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 by management as Watch, Special Mention, Substandard or Doubtful.

	December 31, 2019
	Internally Assigned Risk Rating
					Special
(in thousands)	Pass		Watch		Mention		Substandard		Doubtful		Total
Residential mortgages:
Closed end	$	1,619,034	$	306	$	890	$	1,189	$	—	$	1,621,419
Revolving home equity		58,816		415		—		—		—		59,231
Consumer and other		1,644		—		—		268		—		1,912
	$	1,679,494	$	721	$	890	$	1,457	$	—	$	1,682,562

	December 31, 2018
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