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Allowance for Loan Losses and Reserve for Unfunded Loan Commitments (Tables)
 12 Months Ended
Dec. 31, 2016
Financing Receivable, Allowance for Credit Loss, Additional Information [Abstract]  
Activity in the Allowance for Loan Losses by Portfolio Segment
The following tables detail the activity in the allowance for loan losses by portfolio segment for the past two years:
 
 
For the year ended December 31, 2016
(In thousands)
 
SBA held for investment
 
SBA 504
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Balance, beginning of period
 
$
1,961

 
$
741

 
$
6,309

 
$
2,769

 
$
817

 
$
162

 
$
12,759

Charge-offs
 
(557
)
 
—

 
(775
)
 
(101
)
 
(30
)
 


 
(1,463
)
Recoveries
 
33

 
—

 
29

 
—

 
1

 


 
63

Net charge-offs
 
(524
)
 
—

 
(746
)
 
(101
)
 
(29
)
 
—

 
(1,400
)
Provision for loan losses charged to expense
 
139

 
(168
)
 
1,166

 
(75
)
 
137

 
21

 
1,220

Balance, end of period
 
$
1,576

 
$
573

 
$
6,729

 
$
2,593

 
$
925

 
$
183

 
$
12,579

 
 
 
 
For the year ended December 31, 2015
(In thousands)
 
SBA held for investment
 
SBA 504
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Balance, beginning of period
 
$
1,883

 
$
1,337

 
$
6,270

 
$
2,289

 
$
667

 
$
105

 
$
12,551

Charge-offs
 
(370
)
 
(589
)
 
(309
)
 
(50
)
 
(130
)
 


 
(1,448
)
Recoveries
 
54

 
—

 
1,052

 
49

 
1

 


 
1,156

Net charge-offs
 
(316
)
 
(589
)
 
743

 
(1
)
 
(129
)
 
—

 
(292
)
Provision for loan losses charged to expense
 
394

 
(7
)
 
(704
)
 
481

 
279

 
57

 
500

Balance, end of period
 
$
1,961

 
$
741

 
$
6,309

 
$
2,769

 
$
817

 
$
162

 
$
12,759
Allowance for Credit Losses on Financing Receivables
The following tables present loans and their related allowance for loan losses, by portfolio segment, as of December 31st for the past two years:
 
 
December 31, 2016
(In thousands)
 
SBA held for investment
 
SBA 504
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Allowance for loan losses ending balance:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
 
$
246

 
$
—

 
$
34

 
$
—

 
$
—

 
$
—

 
$
280

Collectively evaluated for impairment
 
1,330

 
573

 
6,695

 
2,593

 
925

 
183

 
12,299

Total
 
$
1,576

 
$
573

 
$
6,729

 
$
2,593

 
$
925

 
$
183

 
$
12,579

Loan ending balances:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Individually evaluated for impairment
 
$
1,108

 
$
513

 
$
426

 
$
—

 
$
—

 
$
—

 
$
2,047

Collectively evaluated for impairment
 
41,384

 
25,831

 
508,745

 
289,093

 
91,541

 
—

 
956,594

Total
 
$
42,492

 
$
26,344

 
$
509,171

 
$
289,093

 
$
91,541

 
$
—

 
$
958,641


 
 
December 31, 2015
(In thousands)
 
SBA held for investment
 
SBA 504
 
Commercial
 
Residential
 
Consumer
 
Unallocated
 
Total
Allowance for loan losses ending balance:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Individually evaluated for impairment
 
$
705

 
$
—

 
$
137

 
$
—

 
$
—

 
$
—

 
$
842

Collectively evaluated for impairment
 
1,256

 
741

 
6,172

 
2,769

 
817

 
162

 
11,917

Total
 
$
1,961

 
$
741

 
$
6,309

 
$
2,769

 
$
817

 
$
162

 
$
12,759

Loan ending balances:
 
 

 
 

 
 

 
 

 
 

 
 

 
 

Individually evaluated for impairment
 
$
1,907

 
$
2,226

 
$
3,040

 
$
—

 
$
—

 
$
—

 
$
7,173

Collectively evaluated for impairment
 
37,486

 
27,127

 
462,478

 
264,523

 
77,057

 
—

 
868,671

Total
 
$
39,393

 
$
29,353

 
$
465,518

 
$
264,523

 
$
77,057

 
$
—

 
$
875,844