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<!-- Begin Block Tagged Note 6 - us-gaap:ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock-->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="left" style="font-size: 10pt; margin-top: 12pt"><b>6. Loans and Allowance for Loan Losses</b>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">Loans at December 31 are summarized as follows:
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>2010</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>2009</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr style="font-size: 1px">
<td colspan="9" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr style="font-size: 8pt">
<td> </td>
<td> </td>
<td colspan="7" align="center" style="border-top: 0px solid #000000">(In thousands)
</td>
</tr>
<tr valign="bottom"><!-- Blank Space -->
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">First mortgage loans:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">One- to four-family
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Amortizing
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">24,912,935</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">26,490,454</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:45px; text-indent:-15px">Interest-only
</div></td>
<td> </td>
<td> </td>
<td align="right">5,136,463</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,586,375</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">FHA/VA
</div></td>
<td> </td>
<td> </td>
<td align="right">499,724</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">285,003</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Multi-family and commercial
</div></td>
<td> </td>
<td> </td>
<td align="right">48,067</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">54,694</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Construction
</div></td>
<td> </td>
<td> </td>
<td align="right">9,081</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">13,030</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="9" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:60px; text-indent:-15px">Total first mortgage loans
</div></td>
<td> </td>
<td> </td>
<td align="right">30,606,270</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">31,429,556</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="9" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Consumer and other loans:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Fixed—rate second mortgages
</div></td>
<td> </td>
<td> </td>
<td align="right">160,896</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">201,375</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Home equity credit lines
</div></td>
<td> </td>
<td> </td>
<td align="right">137,467</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">127,987</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Other
</div></td>
<td> </td>
<td> </td>
<td align="right">19,264</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">21,003</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="9" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:60px; text-indent:-15px">Total consumer and other loans
</div></td>
<td> </td>
<td> </td>
<td align="right">317,627</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">350,365</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="9" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:75px; text-indent:-15px">Total loans
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">30,923,897</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">31,779,921</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<!-- Folio -->
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="center" style="font-size: 10pt; margin-top: 0pt">
<i>
</i>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">The following tables present the composition of our loan portfolio by credit quality
indicator at the date indicated:
</div>
<div align="center" style="font-size: 10pt; margin-top: 18pt"><b>Credit Risk Profile based on Payment Activity<br />
At December 31, 2010</b><br />
(In thousands)
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="23%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6"><b>One-to four- family</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6"><b>Other first</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="10"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6" style="border-bottom: 1px solid #000000"><b>first mortgage loans</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6" style="border-bottom: 1px solid #000000"><b>Mortgages</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="10" style="border-bottom: 1px solid #000000"><b>Consumer and Other</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Fixed-rate</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Multi-family</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>second</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Home Equity</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Amortizing</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Interest-only</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>and Commercial</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Construction</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>mortgages</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>credit lines</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Other</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Performing
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">24,733,745</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">4,957,115</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">46,950</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">1,521</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">160,456</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">135,111</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">17,740</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Non-performing
</div></td>
<td> </td>
<td> </td>
<td align="right">678,914</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">179,348</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,117</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">7,560</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">440</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,356</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,524</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Total</b>
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">25,412,659</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">5,136,463</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">48,067</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">9,081</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">160,896</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">137,467</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">19,264</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="center" style="font-size: 10pt; margin-top: 18pt"><b>Credit Risk Profile by Internally Assigned Grade<br />
At December 31, 2010</b><br />
(In thousands)
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="23%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6"><b>One-to four- family</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6"><b>Other first</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="10"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6" style="border-bottom: 1px solid #000000"><b>first mortgage loans</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6" style="border-bottom: 1px solid #000000"><b>Mortgages</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="10" style="border-bottom: 1px solid #000000"><b>Consumer and Other</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Multi-family</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Fixed-rate</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>and</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>second</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: px solid #000000"><b>Home Equity</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Amortizing</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Interest-only</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Commercial</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Construction</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>mortgages</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>credit lines</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Other</b></td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Pass
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">24,646,101</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">4,927,545</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">37,697</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">1,521</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">160,216</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">134,408</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">17,737</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Special mention
</div></td>
<td> </td>
<td> </td>
<td align="right">151,800</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">29,570</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,199</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">240</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">703</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Substandard
</div></td>
<td> </td>
<td> </td>
<td align="right">614,758</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">179,348</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,117</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">7,560</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">440</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,356</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,524</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Doubtful
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8,054</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px"><b>Total</b>
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">25,412,659</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">5,136,463</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">48,067</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">9,081</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">160,896</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">137,467</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">19,264</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">Loan classifications are defined as follows:
</div>
<div style="margin-top: 6pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; text-align: left">
<tr valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<td width="2%" style="background: transparent"> </td>
<td width="3%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>Pass — These loans are well protected by the current net worth and paying capacity of
the obligor (or guarantors, if any) or by the fair value, less cost to acquire and sell, of
any underlying collateral in a timely manner.</td>
</tr>
<tr>
<td style="font-size: 6pt"> </td>
</tr>
<tr valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<td width="2%" style="background: transparent"> </td>
<td width="3%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>Special Mention — These loans have potential weaknesses that deserve management’s close
attention. If left uncorrected, these potential weaknesses may result in deterioration of
repayment prospects.</td>
</tr>
<tr>
<td style="font-size: 6pt"> </td>
</tr>
<tr valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<td width="2%" style="background: transparent"> </td>
<td width="3%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>Substandard — These loans are inadequately protected by the current net worth and
paying capacity of the obligor or by the collateral pledged, if any. Assets so classified
must have a well-defined weakness, or weaknesses that jeopardize the liquidation of the
debt. They are characterized by the distinct possibility that we will sustain some loss if
the deficiencies are not corrected.</td>
</tr>
<tr>
<td style="font-size: 6pt"> </td>
</tr>
<tr valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<td width="2%" style="background: transparent"> </td>
<td width="3%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>Doubtful — These loans have all the weaknesses inherent in a loan classified
substandard with the added characteristic that the weaknesses make the full recovery of our
principal balance highly questionable and improbable on the basis of currently known facts,
conditions, and values. The likelihood of a loss on
an asset or portion of an asset classified Doubtful is high. Its classification as
Loss is not appropriate, however, because pending events are expected to materially affect
the amount of loss.</td>
</tr>
</table>
</div>
<div style="margin-top: 6pt">
<table width="100%" border="0" cellpadding="0" cellspacing="0" style="font-size: 10pt; text-align: left">
<tr valign="top" style="font-size: 10pt; color: #000000; background: transparent">
<td width="2%" style="background: transparent"> </td>
<td width="3%" nowrap="nowrap" align="left"><b>•</b></td>
<td width="1%"> </td>
<td>Loss — These loans are considered uncollectible and of such little value that a
charge-off is warranted. This classification does not necessarily mean that an asset has no
recovery or salvage value; but rather, there is much doubt about whether, how much, or when
the recovery will occur.</td>
</tr>
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">We evaluate the classification of our one-to four- family mortgage loans, consumer loans and other
loans primarily on a pooled basis by delinquency. Loans that are past due 60 to 89 days are
classified as special mention and loans that are past due 90 days or more are classified as
substandard. We generally obtain updated valuations for one- to four- family mortgage loans by the
time a loan becomes 180 days past due. If necessary, we charge-off an amount to reduce the
carrying value of the loan to the value of the underlying property, less estimated selling costs.
Since we record the charge-off when we receive the updated valuation, we typically do not have any
residential first mortgages classified as doubtful or loss. We evaluate multi-family, commercial
and construction loans individually and base our classification on the debt service capability of
the underlying property as well as secondary sources of repayment such as the borrower’s and any
guarantor’s ability and willingness to provide debt service.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">Originating loans secured by residential real estate is our primary business. Our financial
results may be adversely affected by changes in prevailing economic conditions, either nationally
or in our local New Jersey and metropolitan New York market areas, including decreases in real
estate values, adverse employment conditions, the monetary and fiscal policies of the federal and
state government and other significant external events. As a result of our lending practices, we
have a concentration of loans secured by real property located primarily in New Jersey, New York
and Connecticut. At December 31, 2010, approximately 78.4% of our total loans are in the New York
metropolitan area.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">Included in our loan portfolio at December 31, 2010 and 2009 are $5.14 billion and $4.59 billion,
respectively, of interest-only loans. These loans are originated as adjustable-rate mortgage
(“ARM”) loans with initial terms of five, seven or ten years with the interest-only portion of the
payment based upon the initial loan term, or offered on a 30-year fixed-rate loan with
interest-only payments for the first 10 years of the obligation. At the end of the initial 5-, 7-
or 10-year interest-only period, the loan payment will adjust to include both principal and
interest and will amortize over the remaining term so the loan will be repaid at the end of its
original life. We had $179.3 million and $82.2 million of non-performing interest-only loans at
December 31, 2010 and 2009, respectively.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">In addition to our full documentation loan program, we originate loans to certain eligible
borrowers as limited documentation loans. We have originated these types of loans for over 15
years. Loans eligible for limited documentation processing are ARM loans, interest-only first
mortgage loans and 10-, 15-, 20-, 30- and 40-year fixed-rate loans to owner-occupied primary and
second home applicants. These loans are available in amounts up to 70% of the lower of the
appraised value or purchase price of the property. Generally the maximum loan amount for limited
documentation loans is $750,000 and these loans are subject to higher interest rates than our full
documentation loan products. We also allow certain borrowers to obtain mortgage loans without
verification of income. However, in these cases, we do verify the borrowers’ assets. These loans
are subject to somewhat higher interest rates than our regular products, and are generally limited
to a maximum loan-to-value ratio of 60%. Limited documentation and no income verification loans
have an inherently higher level of risk compared to loans with full documentation. We had $149.8
million and $68.0 million of originated non-performing reduced-documentation loans at December 31,
2010 and 2009, respectively.
</div>
<!-- Folio -->
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="center" style="font-size: 10pt; margin-top: 0pt">
<i>
</i>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">The following table is a comparison of our delinquent loans by class as of the date
indicated:
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="23%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="4%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>90 Days</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>90 Days</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Total</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Current</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Total</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>or more</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left" style="border-bottom: 0px solid #000000"><b>At December 31, 2010</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 0px solid #000000"><b>30-59 Days</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 0px solid #000000"><b>60-89 Days</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 0px solid #000000"><b>or more</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 0px solid #000000"><b>Past Due</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 0px solid #000000"><b>Loans</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 0px solid #000000"><b>Loans</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 0px solid #000000"><b>accruing</b></td>
<td> </td>
</tr>
<tr style="font-size: 1px"><!-- Blank Space -->
<td colspan="29" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="26">(Dollars in thousands)</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">One- to four-family first mortgages:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Amortizing
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">363,583</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">161,530</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">678,914</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">1,204,027</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">24,208,632</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">25,412,659</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">64,156</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Interest-only
</div></td>
<td> </td>
<td> </td>
<td align="right">47,479</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">29,570</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">179,348</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">256,397</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4,880,066</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,136,463</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Multi-family and commercial
mortgages
</div></td>
<td> </td>
<td> </td>
<td align="right">3,199</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,199</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,117</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,515</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">42,552</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">48,067</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Construction loans
</div></td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">7,560</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">7,560</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,521</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9,081</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Consumer and other loans:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">159,320</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">160,896</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Fixed-rate second mortgages
</div></td>
<td> </td>
<td> </td>
<td align="right">896</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">240</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">440</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,576</td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Home equity lines of credit
</div></td>
<td> </td>
<td> </td>
<td align="right">2,419</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">703</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,356</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5,478</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">131,989</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">137,467</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Other
</div></td>
<td> </td>
<td> </td>
<td align="right">1,330</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,524</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2,857</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">16,407</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">19,264</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Total
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">418,906</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">193,245</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">871,259</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">1,483,410</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">29,440,487</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">30,923,897</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">64,156</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">Loans that are past due 90 days or more and still accruing interest are loans that are
guaranteed by the FHA.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">Upon request, we will generally agree to a short-term payment plan for certain residential mortgage
loan borrowers. Many of these customers are current as to their mortgage payments, but may be
anticipating a short-term cash flow need and want to protect their credit history. The extent of
these plans is generally limited to a six-month deferral of principal payments only. Pursuant to
these short-term payment plans, we do not modify mortgage notes, recast legal documents, extend
maturities or reduce interest rates. We also do not forgive any interest or principal. We have
not classified these loans as troubled debt restructurings since we collect all principal and
interest, the deferral period is short and any reduction in the present value of cash flows is due
to the insignificant delay in the timing of principal payments. The principal balance of loans
with payment plans at December 31, 2010 amounted to $81.3 million, including $54.4 million of loans
that are current, $13.9 million that are 30 to 59 days past due, $4.7 million that are 60 to 89
days past due and $8.3 million that are 90 days or more past due.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">Loans modified in a troubled debt restructuring totaled $11.1 million at December 31, 2010. There
were none at December 31, 2009. These loans were current at the time of the restructuring and have
complied with the terms of their restructure agreement.
</div>
<!-- Folio -->
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="center" style="font-size: 10pt; margin-top: 0pt">
<i>
</i>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">The following table presents the geographic distribution of our loan portfolio as a
percentage of total loans and of our non-performing loans as a percentage of total non-performing
loans.
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="52%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
<td width="5%"> </td>
<td width="3%"> </td>
<td width="1%"> </td>
<td width="3%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="7" style="border-bottom: 1px solid #000000"><b>At December 31, 2010</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="7" style="border-bottom: 1px solid #000000"><b>At December 31, 2009</b></td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>Total loans</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>Non-performing loans</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>Total loans</b></td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="3" style="border-bottom: 1px solid #000000"><b>Non-performing loans</b></td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom"><!-- Blank Space -->
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">New Jersey
</div></td>
<td> </td>
<td nowrap="nowrap" align="right"> </td>
<td align="right">44.0</td>
<td nowrap="nowrap">%</td>
<td> </td>
<td nowrap="nowrap" align="right"> </td>
<td align="right">45.7</td>
<td nowrap="nowrap">%</td>
<td> </td>
<td nowrap="nowrap" align="right"> </td>
<td align="right">43.0</td>
<td nowrap="nowrap">%</td>
<td> </td>
<td nowrap="nowrap" align="right"> </td>
<td align="right">41.6</td>
<td nowrap="nowrap">%</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">New York
</div></td>
<td> </td>
<td> </td>
<td align="right">19.9</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">18.7</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">18.2</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">18.0</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Connecticut
</div></td>
<td> </td>
<td> </td>
<td align="right">14.5</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6.5</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">12.6</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4.2</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Total New York
metropolitan area
</div></td>
<td> </td>
<td> </td>
<td align="right">78.4</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">70.9</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">73.8</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">63.8</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom"><!-- Blank Space -->
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Virginia
</div></td>
<td> </td>
<td> </td>
<td align="right">3.5</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4.6</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4.6</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6.2</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Illinois
</div></td>
<td> </td>
<td> </td>
<td align="right">3.0</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4.9</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3.9</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5.6</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Maryland
</div></td>
<td> </td>
<td> </td>
<td align="right">2.7</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4.4</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3.5</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">5.1</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Massachusetts
</div></td>
<td> </td>
<td> </td>
<td align="right">1.9</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1.6</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2.7</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2.3</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Pennsylvania
</div></td>
<td> </td>
<td> </td>
<td align="right">3.1</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1.2</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2.0</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1.9</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Minnesota
</div></td>
<td> </td>
<td> </td>
<td align="right">1.3</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1.8</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1.4</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1.8</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Michigan
</div></td>
<td> </td>
<td> </td>
<td align="right">1.1</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2.5</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1.3</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">4.2</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">All others
</div></td>
<td> </td>
<td> </td>
<td align="right">5.0</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">8.1</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6.8</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">9.1</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Total Outside New York
metropolitan area
</div></td>
<td> </td>
<td nowrap="nowrap" align="right"> </td>
<td align="right">21.6</td>
<td nowrap="nowrap">%</td>
<td> </td>
<td nowrap="nowrap" align="right"> </td>
<td align="right">29.1</td>
<td nowrap="nowrap">%</td>
<td> </td>
<td nowrap="nowrap" align="right"> </td>
<td align="right">26.2</td>
<td nowrap="nowrap">%</td>
<td> </td>
<td nowrap="nowrap" align="right"> </td>
<td align="right">36.2</td>
<td nowrap="nowrap">%</td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td align="right">100.0</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">100.0</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">100.0</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">100.0</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td> </td>
<td align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">The ultimate ability to collect the loan portfolio is subject to changes in the real estate
market and future economic conditions. During 2010 and 2009, there was a decline in the housing
and real estate markets, both nationally and locally. Housing market conditions in our lending
market areas weakened during 2010 and 2009 as evidenced by reduced levels of sales, increasing
inventories of houses on the market, declining house prices, an increase in the length of time
houses remain on the market and rising unemployment levels.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">Although we believe that we have established and maintained the ALL at adequate levels, additions
may be necessary if future economic and other conditions differ substantially from the current
operating environment. While we continue to adhere to prudent underwriting standards, we are
geographically concentrated in the New York metropolitan area of the United States and, therefore,
are not immune to negative consequences arising from overall economic weakness and, in particular,
a sharp downturn in the housing industry. Continued decreases in real estate values could
adversely affect the value of property used as collateral for our loans. No assurance can be given
in any particular case that our loan-to-value ratios will provide full protection in the event of
borrower default. Adverse changes in the economy and increases in the unemployment rate may have a
negative effect on the ability of our borrowers to make timely loan payments, which would have an
adverse impact on our earnings. A further increase in loan delinquencies would decrease our net
interest income and may adversely impact our loss experience on non-performing loans which may
result in an increase in the loss factors used in our quantitative analysis of the ALL, causing
increases in our provision and ALL. Although we use the best information available, the level of
the ALL remains an estimate that is subject to significant judgment and short-term change.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">We generally obtain new collateral values by the time a loan becomes 180 days delinquent. If the
estimated fair value of the collateral (less estimated selling costs) is less than the recorded
investment in the loan, we charge-off an amount to reduce the loan to the fair value of the
collateral less estimated selling costs. As a result, certain losses inherent in our
non-performing loans are being recognized as charge-offs which may result in a lower ratio of the
ALL to non-performing loans when accompanied by a concurrent increase in total non-performing loans
(i.e. due to the addition of new non-performing loans). Net charge-offs amounted to $98.5 million
for 2010 as compared to $47.2 million in 2009. These charge-offs were primarily due to the results
of our reappraisal process for our non-performing residential first mortgage loans with only 71
loans disposed of
through the foreclosure process during 2010 with a final net gain on sale (after previous
charge-offs of $8.9 million) of approximately $508,000. Write-downs on foreclosed real estate
amounted to $3.2 million for 2010. The results of our reappraisal process and our
recent charge-off history are also considered in the determination of the ALL. At December 31,
2010 the average LTV ratio (using appraised values at the time of origination) of our
non-performing loans was 75% and was 61% for our total mortgage loan portfolio. Thus, the ratio of
the ALL to non-performing loans needs to be viewed in the context of the underlying LTVs of the
non-performing loans and the relative decline in home values.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">As part of our estimation of the ALL, we monitor changes in the values of homes in each market
using indices published by various organizations including the FHFA and Case-Shiller. Our Asset
Quality Committee uses these indices and a stratification of our loan portfolio by state as part of
its quarterly determination of the ALL. We generally obtain updated collateral values by the time
a loan becomes 180 days delinquent which we believe identifies potential charge-offs more
accurately than a house price index that is based on a wide geographic area and includes many
different types of houses. However, we use the house price indices to identify geographic areas
experiencing weaknesses in housing markets to determine if an overall adjustment to the ALL is
required based on loans we have in those geographic areas and to determine if changes in the loss
factors used in the ALL quantitative analysis are necessary. Our quantitative analysis of the ALL
accounts for increases in non-performing loans by applying progressively higher risk factors to
loans as they become more delinquent. Based on our recent loss experience on non-performing loans,
we increased certain loss factors used in our quantitative analysis of the ALL for our one- to
four-family first mortgage loans during 2010. If our future loss experience requires additional
increases in our loss factors, this may result in increased levels of loan loss provisions.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">In addition to our quantitative systematic methodology, we also use qualitative analyses to
determine the adequacy of our ALL. Our qualitative analyses include further evaluation of economic
factors, such as trends in the unemployment rate, as well as a ratio analysis to evaluate the
overall measurement of the ALL. This analysis includes a review of delinquency ratios, net
charge-off ratios and the ratio of the ALL to both non-performing loans and total loans. This
qualitative review is used to reassess the overall determination of the ALL and to ensure that
directional changes in the ALL and the provision for loan losses are supported by relevant internal
and external data.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">We consider the average LTV of our non-performing loans and our total portfolio in relation to the
overall changes in house prices in our lending markets when determining the ALL. This provides us
with a “macro” indication of the severity of potential losses that might be expected. Since
substantially all our portfolio consists of first mortgage loans on residential properties, the LTV
is particularly important to us when a loan becomes non-performing. The weighted average LTV in
our one- to four-family mortgage loan portfolio at December 31, 2010 was 61%, using appraised
values at the time of origination. The average LTV ratio of our non-performing loans was 75% at
December 31, 2010. Based on the valuation indices, house prices have declined in the New York
metropolitan area, where 70.9% of our non-performing loans were located at December 31, 2010, by
approximately 22% from the peak of the market in 2006 through November 2010 and by 31% nationwide
during that period. Changes in house values may affect our loss experience which may require that
we change the loss factors used in our quantitative analysis of the ALL. There can be no assurance
whether significant further declines in house values may occur and result in higher loss experience
and increased levels of charge-offs and loan loss provisions.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">There were no loans held for sale at December 31, 2010 and 2009.
</div>
<!-- Folio -->
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="center" style="font-size: 10pt; margin-top: 0pt">
<i>
</i>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">The following is a summary of loans, by class, on which the accrual of income has been
discontinued and loans that are contractually past due 90 days or more but have not been classified
as non-accrual at December 31:
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="76%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2010</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="6">(In thousands)</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Non-accrual loans:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">One-to four-family amortizing loans
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">614,758</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">499,550</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">One-to four-family interest-only loans
</div></td>
<td> </td>
<td> </td>
<td align="right">179,348</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">82,236</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Multi-family and commercial mortgages
</div></td>
<td> </td>
<td> </td>
<td align="right">1,117</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,414</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Construction loans
</div></td>
<td> </td>
<td> </td>
<td align="right">7,560</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6,624</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Fixed-rate second mortgages
</div></td>
<td> </td>
<td> </td>
<td align="right">440</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">354</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Home equity lines of credit
</div></td>
<td> </td>
<td> </td>
<td align="right">2,356</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,480</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Other loans
</div></td>
<td> </td>
<td> </td>
<td align="right">1,524</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">82</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:45px; text-indent:-15px">Total non-accrual loans
</div></td>
<td> </td>
<td> </td>
<td align="right">807,103</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">591,740</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Accruing loans delinquent 90 days or more
</div></td>
<td> </td>
<td> </td>
<td align="right">64,156</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">35,955</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:45px; text-indent:-15px">Total non-performing loans
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">871,259</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">627,695</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">The total amount of interest income on non-accrual loans that would have been recognized if
interest on all such loans had been recorded based upon original contract terms amounted to
approximately $48.7 million. The total amount of interest income received during the year on
non-accrual loans amounted to approximately $4.5 million during 2010. Hudson City is not committed
to lend additional funds to borrowers on non-accrual status.
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">The following table presents our loans evaluated for impairment by class at the date indicated:
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="40%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Unpaid</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Average</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Interest</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Recorded</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Principal</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Related</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Recorded</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Income</b></td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td nowrap="nowrap" align="left" style="border-bottom: 1px solid #000000"><b>At December 31, 2010</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Investment</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Balance</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Allowance</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Investment</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Recognized</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="18">(In thousands)</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">With an allowance:
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Multi-family and commercial mortgages
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">5,712</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">9,161</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">3,449</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">9,159</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">485</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Construction loans
</div></td>
<td> </td>
<td> </td>
<td align="right">5,863</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">7,560</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,697</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">6,949</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Total
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">11,575</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">16,721</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">5,146</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">16,108</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">485</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">At December 31, 2010 and 2009, loans evaluated for impairment in accordance with FASB
guidance amounted to $16.7 million and $11.2 million, respectively. Based on this evaluation, the ALL
related to loans classified as impaired at December 31, 2010 and
2009 amounted to $5.1 million and $2.1
million, respectively. Interest income received during the year on loans classified as impaired
was immaterial.
</div>
<!-- Folio -->
<!-- /Folio -->
</div>
<!-- PAGEBREAK -->
<div style="font-family: 'Times New Roman',Times,serif">
<div align="center" style="font-size: 10pt; margin-top: 0pt">
<i>
</i>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">An analysis of the ALL at December 31 follows:
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="64%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2010</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2009</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>2008</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="10">(In thousands)</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom"><!-- Blank Space -->
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Balance at beginning of year
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">140,074</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">49,797</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">34,741</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Charge-offs
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(110,771</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(48,133</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(4,522</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Recoveries
</div></td>
<td> </td>
<td> </td>
<td align="right">12,271</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">910</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">78</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="13" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:45px; text-indent:-15px">Net charge-offs
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(98,500</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(47,223</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(4,444</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td colspan="13" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Provision for loan losses
</div></td>
<td> </td>
<td> </td>
<td align="right">195,000</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">137,500</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">19,500</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="13" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Balance at end of year
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">236,574</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">140,074</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">49,797</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<!-- End Table Body -->
</table>
</div>
<div align="left" style="font-size: 10pt; margin-top: 6pt">The following table presents the activity in our ALL by portfolio segment at the year
indicated.
</div>
<div align="center">
<table style="font-size: 10pt; text-align: left" cellspacing="0" border="0" cellpadding="0" width="100%">
<!-- Begin Table Head -->
<tr valign="bottom">
<td width="40%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
<td width="5%"> </td>
<td width="1%"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="18" style="border-bottom: 1px solid #000000"><b>At December 31, 2010</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>One-to four-</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Multi-family</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Family</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>and Commercial</b></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"><b>Consumer and</b></td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="2"> </td>
<td> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Mortgages</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Mortgages</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Construction</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Other Loans</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
<td style="border-bottom: 1px solid #000000"> </td>
<td nowrap="nowrap" align="center" colspan="2" style="border-bottom: 1px solid #000000"><b>Total</b></td>
<td style="border-bottom: 1px solid #000000"> </td>
</tr>
<tr style="font-size: 8pt" valign="bottom">
<td> </td>
<td> </td>
<td nowrap="nowrap" align="center" colspan="18">(In thousands)</td>
<td> </td>
</tr>
<!-- End Table Head -->
<!-- Begin Table Body -->
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Balance at beginning of year
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">133,927</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">1,304</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">1,865</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">2,978</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">140,074</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="21" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Provision for loan losses
</div></td>
<td> </td>
<td> </td>
<td align="right">191,697</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">3,115</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(137</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">325</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">195,000</td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px">Charge-offs
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(110,669</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(102</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(110,771</td>
<td nowrap="nowrap">)</td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Recoveries
</div></td>
<td> </td>
<td> </td>
<td align="right">12,269</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">2</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">12,271</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td colspan="21" align="left" style="border-top: 1px solid #000000"> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Net (charge-offs) recoveries
</div></td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(98,400</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(100</td>
<td nowrap="nowrap">)</td>
<td> </td>
<td nowrap="nowrap" align="left"> </td>
<td align="right">(98,500</td>
<td nowrap="nowrap">)</td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 1px solid #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Balance at end of year
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">227,224</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">4,419</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">1,728</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">3,203</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">236,574</td>
<td> </td>
</tr>
<tr style="font-size: 1px">
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
<td> </td>
<td nowrap="nowrap" colspan="2" align="right" style="border-top: 3px double #000000"> </td>
<td> </td>
</tr>
<tr valign="bottom"><!-- Blank Space -->
<td>
<div style="margin-left:15px; text-indent:-15px"> 
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:15px; text-indent:-15px"><b>Loan portfolio:</b>
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:15px; text-indent:-15px">Balance at end of year
</div></td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
<td> </td>
</tr>
<tr valign="bottom" style="background: #cceeff">
<td>
<div style="margin-left:30px; text-indent:-15px">Individually evaluated for impairment
</div></td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">9,161</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">7,560</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">—</td>
<td> </td>
<td> </td>
<td align="left">$</td>
<td align="right">16,721</td>
<td> </td>
</tr>
<tr valign="bottom">
<td>
<div style="margin-left:30px; text-indent:-15px">Collectively evaluated for impairment
</div></td>
<td> </td>
<td> </td>
<td align="right">30,549,122</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">38,906</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">1,521</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">317,627</td>
<td> </td>
<td> </td>
<td> </td>
<td align="right">30,907,176</td>
<td> </td>
</tr>
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</div>
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<!-- Begin Block Tagged Notefalsefalsefalsefalsefalse | Otherus-types:textBlockItemTypestringDisclosure itemizing the various types of trade accounts and notes receivable, and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. This disclosure may include (1) the basis at which such receivables are carried in the entity's statements of financial position (2) how the level of the valuation allowance for receivables is determined (3) when impairments, charge-offs or recoveries are recognized for such receivables (4) the treatment of origination fees and costs, including the amortization method for net deferred fees or costs (5) the treatment of any premiums or discounts or unearned income (6) the entity's income recognition policies for such receivables, including those that are impaired, past due or placed on nonaccrual status and (7) the treatment of foreclosures or repossessions (8) the nature and amount of any guarantees to repurchase receivables.Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Regulation S-X (SX)
-Number 210
-Section 02
-Paragraph 3, 4
-Article 5
falsefalse
12Loans and Allowance for Loan LossesUnKnownUnKnownUnKnownUnKnownfalsetrue