Loans Held-for-Sale	12 Months Ended
Dec. 31, 2012
Loans Held-for-Sale
Loans Held-for-Sale	*(4)* *Loans Held-for-Sale* Non-performing loans held-for-sale, included in loans held-for-sale, net, totaled $3.9 million, net of a valuation allowance of $64,000, at December 31, 2012 and $19.7 million, net of a valuation allowance of $63,000, at December 31, 2011. Substantially all of the non-performing loans held-for-sale at December 31, 2012 were multi-family mortgage loans. Non-performing loans held-for-sale were comprised primarily of multi-family and commercial real estate mortgage loans at December 31, 2011. We sold certain delinquent and non-performing mortgage loans totaling $22.0 million, net of charge-offs of $11.5 million, during the year ended December 31, 2012, primarily multi-family and commercial real estate loans, $26.4 million, net of charge-offs of $13.8 million, during the year ended December 31, 2011, primarily multi-family and residential loans and $51.6 million, net of charge-offs of $23.1 million, during the year ended December 31, 2010, primarily multi-family and commercial real estate loans. Net gain on sales of non-performing loans totaled $1.3 million for the year ended December 31, 2012 and $2.1 million for the year ended December 31, 2010. Net loss on sales of non-performing loans totaled $35,000 for the year ended December 31, 2011. We recorded net lower of cost or market write-downs on non-performing loans held-for-sale totaling $272,000 for the year ended December 31, 2012, $444,000 for the year ended December 31, 2011 and $173,000 for the year ended December 31, 2010.

(4) Loans Held-for-Sale

Non-performing loans held-for-sale, included in loans held-for-sale, net, totaled $3.9 million, net of a valuation allowance of $64,000, at December 31, 2012 and $19.7 million, net of a valuation allowance of $63,000, at December 31, 2011. Substantially all of the non-performing loans held-for-sale at December 31, 2012 were multi-family mortgage loans. Non-performing loans held-for-sale were comprised primarily of multi-family and commercial real estate mortgage loans at December 31, 2011.

We sold certain delinquent and non-performing mortgage loans totaling $22.0 million, net of charge-offs of $11.5 million, during the year ended December 31, 2012, primarily multi-family and commercial real estate loans, $26.4 million, net of charge-offs of $13.8 million, during the year ended December 31, 2011, primarily multi-family and residential loans and $51.6 million, net of charge-offs of $23.1 million, during the year ended December 31, 2010, primarily multi-family and commercial real estate loans. Net gain on sales of non-performing loans totaled $1.3 million for the year ended December 31, 2012 and $2.1 million for the year ended December 31, 2010. Net loss on sales of non-performing loans totaled $35,000 for the year ended December 31, 2011.

We recorded net lower of cost or market write-downs on non-performing loans held-for-sale totaling $272,000 for the year ended December 31, 2012, $444,000 for the year ended December 31, 2011 and $173,000 for the year ended December 31, 2010.