XML 57 R44.htm IDEA: XBRL DOCUMENT v2.3.0.15
Loans and Allowance for Loan Losses (Details Textual) (USD $)
3 Months Ended9 Months Ended
Sep. 30, 2011
Jun. 30, 2011
Sep. 30, 2010
Sep. 30, 2011
Loan
Contract
Sep. 30, 2010
Dec. 31, 2010
Mortgage Loans on Real Estate [Line Items]      
Total loans$ 29,752,308,000  $ 29,752,308,000 $ 30,606,270,000
Principal balance of loans with payment plans26,900,000  26,900,000 81,300,000
Loans modified in a troubled debt restructuring54,200,000  54,200,000 11,100,000
Description related to classification of major category and sub categories of loans held   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.  
Minimum days after which loans will be classified as Special loans   60 days  
Maximum days after which loans will be classified as special loans   89 days  
Minimum Days after which loans will be classified as Substandard loans   90 days  
Days after which loans are evaluated   180 days  
Percentage of total loans within the New York metropolitan area80.30%  80.30% 78.40%
Initial terms of interest-only loans originating as adjustable-rate mortgage loans   5, 7 or 10 years  
Time period the Company has been originating limited documentation loans   Over 15 years  
Loans eligible for limited documentation processing   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  
Term (in years) of interest-only loans offered as fixed-rate loans   30 years  
Number of years with interest-only payments for interest-only loans offered as fixed-rate loans   10 years  
Maximum percentage of borrowings available under limited documentation loans   70% of the lower of the appraised value or purchase price of the property  
Maximum loan amount for limited documentation loans   750,000  
Maximum loan-to-value ratio for mortgage loans with no verification of income   60.00%  
Originated amortizing limited documentation loans3,810,000,000  3,810,000,000 3,380,000,000
Originated limited documentation interest-only loans977,100,000  977,100,000 938,800,000
Non-performing loans originated amortizing limited documentation loans113,400,000  113,400,000 91,500,000
Non-performing loans originated limited documentation interest-only loans64,300,000  64,300,000 58,300,000
Additional residential mortgage loans identified as troubled debt restructurings as a result of updated accounting guidance 26,200,000    
Charge-offs resulting from impairment evaluation   1,800,000  
ALL established for loans classified as troubled debt restructurings   4,900,000  
Net charge-offs(18,552,000) (26,700,000)(62,820,000)(73,791,000) 
Previous charges-offs on Real Estate owned   12,400,000  
Number of loans disposed through foreclosure process   113  
Final gain on sale of loans disposed through foreclosure process   176,000  
Write-downs on foreclosed real estate   5,100,000  
Percentage of average LTV ratio of non-performing loans74.80%  74.80%  
Percentage of average LTV ratio of total mortgage loan portfolio60.30%  60.30%  
Percentage of non-performing loans within the New York metropolitan area74.70%  74.70% 70.90%
Percentage of weighted average LTV in the one- to four-family mortgage loan portfolio60.30%  60.30%  
Number of delinquency days before new collateral values for loans are obtained   180 days  
Percentage decline of house prices in the New York metropolitan area (locally) from the peak of the market in 200623.00%  23.00%  
Percentage decline of house prices (nationwide) from the peak of the market in 200632.00%  32.00%  
Interest income on non-accrual loans that would have been recognized if interest had been recorded based upon original contract terms   40,100,000  
Loans Held for Sale0  0 0
Period in which loans are considered contractually past due   90 days or more  
One- to four-family, Interest-only [Member]
      
Mortgage Loans on Real Estate [Line Items]      
Total loans4,897,590,000  4,897,590,000 5,136,463,000
Non-performing interest-only loans199,700,000  199,700,000 179,300,000
Current Dues [Member]
      
Mortgage Loans on Real Estate [Line Items]      
Principal balance of loans with payment plans15,900,000  15,900,000 54,400,000
Thirty to Fifty Nine Days Past Due [Member]
      
Mortgage Loans on Real Estate [Line Items]      
Principal balance of loans with payment plans5,400,000  5,400,000 13,900,000
Sixty to Eighty Nine Days Past Due [Member]
      
Mortgage Loans on Real Estate [Line Items]      
Principal balance of loans with payment plans5,000,000  5,000,000 4,700,000
Loans modified in a troubled debt restructuring3,500,000  3,500,000  
Ninety Days or More Past Due [Member]
      
Mortgage Loans on Real Estate [Line Items]      
Principal balance of loans with payment plans582,000  582,000 8,300,000
Loans modified in a troubled debt restructuring5,200,000  5,200,000  
Thirty Days Past Due [Member]
      
Mortgage Loans on Real Estate [Line Items]      
Loans modified in a troubled debt restructuring$ 4,100,000  $ 4,100,000