Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | 3. Loans Receivable September 30 December 31 2015 2014 Commercial loans: Commercial and industrial $ 228,166 $ 226,537 Commercial real estate 288,055 263,512 Multi-family real estate 354,529 322,413 Construction and development loans: Commercial real estate 35,206 42,405 Multi-family real estate 318,743 211,239 Land and land development 6,747 5,069 Total construction and development 360,696 258,713 Total commercial loans 1,231,446 1,071,175 Retail loans: One- to four-family first mortgages: Permanent 469,595 480,102 Construction 39,325 23,905 Total one- to four-family first mortgages 508,920 504,007 Home equity loans: Fixed term home equity 126,997 139,046 Home equity lines of credit 75,870 80,692 Total home equity loans 202,867 219,738 Other consumer loans: Student 8,506 9,692 Other 12,044 12,681 Total other consumer loans 20,550 22,373 Total retail loans 732,337 746,118 Gross loans receivable 1,963,783 1,817,293 Undisbursed loan proceeds (257,983) (162,471) Allowance for loan losses (18,891) (22,289) Deferred fees and costs, net (1,564) (1,230) Total loans receivable, net $ 1,685,345 $ 1,631,303 The Company’s commercial and retail borrowers are primarily located in the Company’s local lending areas in Wisconsin, Illinois, Michigan, Minnesota, and Iowa, as is the real estate and non-real estate collateral that secures the Company’s loans. At September 30, 2015, and December 31, 2014, certain one- to four-family mortgage loans, multi-family mortgage loans, and home equity loans with aggregate carrying values of approximately $ 497,000 342,000 The unpaid principal balance of loans serviced for others was $ 1,050,597 1,087,107 At or for the Nine Months Ended September 30, 2015 Allowance for loan losses: Commercial Commercial Multi- Construction One- to Home Equity Total Beginning balance $ 2,349 $ 6,880 $ 6,078 $ 2,801 $ 3,004 $ 1,177 $ 22,289 Provision 565 (942) (2,472) (23) (428) 654 (2,646) Charge-offs (74) (69) (276) (561) (980) Recoveries 7 107 52 62 228 Ending balance $ 2,847 $ 5,976 $ 3,606 $ 2,778 $ 2,352 $ 1,332 $ 18,891 Loss allowance individually evaluated for impairment $ 262 $ 611 $ 873 Loss allowance collectively evaluated for impairment $ 2,847 $ 5,714 $ 2,995 $ 2,778 $ 2,352 $ 1,332 $ 18,018 Loan receivable balances at the end of the period: Loans individually evaluated for impairment $ 8,281 $ 9,629 $ 9,572 $ 2,132 $ 4,461 $ 619 $ 34,694 Loans collectively evaluated for impairment 219,885 278,426 344,957 128,592 476,448 222,798 $ 1,671,106 Total loans receivable $ 228,166 $ 288,055 $ 354,529 $ 130,724 $ 480,909 $ 223,417 $ 1,705,800 At or for the Nine Months Ended September 30, 2014 Allowance for loan losses: Commercial Commercial Multi- Construction One- to Home Equity Total Beginning balance $ 2,603 $ 6,377 $ 5,931 $ 4,160 $ 3,220 $ 1,274 $ 23,565 Provision 34 795 71 (1,193) 432 293 432 Charge-offs (59) (561) (241) (34) (798) (399) (2,092) Recoveries 61 160 142 225 47 635 Ending balance $ 2,639 $ 6,771 $ 5,761 $ 3,075 $ 3,079 $ 1,215 $ 22,540 Loss allowance individually evaluated for impairment $ 653 $ 653 Loss allowance collectively evaluated for impairment $ 2,639 $ 6,771 $ 5,108 $ 3,075 $ 3,079 $ 1,215 $ 21,887 Loan receivable balances at the end of the period: Loans individually evaluated for impairment $ 12,717 $ 16,958 $ 10,719 $ 2,214 $ 4,431 $ 533 $ 47,572 Loans collectively evaluated for impairment 200,500 232,916 292,719 124,157 478,690 244,378 $ 1,573,360 Total loans receivable $ 213,217 $ 249,874 $ 303,438 $ 126,371 $ 483,121 $ 244,911 $ 1,620,932 The Company adjusts certain factors used to determine the allowance for loan losses on loans that are collectively evaluated for impairment. Management considered these adjustments necessary and prudent in light of trends in net charge-offs, real estate values, economic conditions, and unemployment. The Company estimates that these changes, as well as overall changes in the balance of loans to which these factors were applied, resulted in a decrease in the total allowance for loan losses of $ 1,139 3,367 220 678 September 30, 2015 Loans Unpaid Related Average Loan Interest Impaired loans with an allowance recorded: Commercial and industrial: Term loans Lines of credit Total commercial and industrial Commercial real estate: Office $ 1,922 $ 1,938 $ 262 $ 1,922 Retail/wholesale/mixed Industrial/warehouse Other Total commercial real estate Multi-family real estate 1,371 1,371 611 1,386 $ 31 Construction and development: Commercial real estate Multi-family real estate Land and land development Total construction and development One- to four-family Home equity and other consumer: Home equity Student Other Total home equity and other consumer Total with an allowance recorded $ 3,293 $ 3,309 $ 873 $ 3,308 $ 31 Impaired loans with no allowance recorded: Commercial and industrial: Term loans $ 110 $ 127 $ 128 $ 5 Lines of credit 32 40 25 2 Total commercial and industrial 142 167 153 7 Commercial real estate: Office 342 489 476 12 Retail/wholesale/mixed 1,717 2,342 1,688 64 Industrial/warehouse 198 265 205 14 Other 16 156 23 10 Total commercial real estate 2,273 3,252 2,392 100 Multi-family real estate Construction and development: Commercial real estate 597 597 597 Multi-family real estate Land and land development 182 227 189 11 Total construction and development 779 824 786 11 One- to four-family 3,676 4,202 3,938 48 Home equity and other consumer: Home equity 555 721 479 9 Student Other 64 121 84 Total home equity and other consumer 619 842 563 9 Total with no allowance recorded $ 7,489 $ 9,287 $ 7,832 $ 175 December 31, 2014 Loans Unpaid Related Average Loan Interest Receivable Principal Allowance Receivable Income Balance, Net Balance for Loss Balance, Net Recognized Impaired loans with an allowance recorded: Commercial and industrial: Term loans $ 6 Lines of credit Total commercial and industrial 6 Commercial real estate: Office $ 1,922 $ 1,938 $ 262 384 $ 125 Retail/wholesale/mixed 375 Industrial/warehouse 473 Other Total commercial real estate 1,922 1,938 262 1,232 125 Multi-family real estate 1,402 1,402 642 1,423 42 Construction and development: Commercial real estate Multi-family real estate Land and land development Total construction and development One- to four-family Home equity and other consumer: Home equity Student Other Total home equity and other consumer Total with an allowance recorded $ 3,324 $ 3,340 $ 904 $ 2,661 $ 167 Impaired loans with no allowance recorded: Commercial and industrial: Term loans $ 201 $ 345 $ 207 $ 14 Lines of credit 14 Total commercial and industrial 201 345 221 14 Commercial real estate: Office 609 774 690 45 Retail/wholesale/mixed 1,537 1,943 1,425 100 Industrial/warehouse 212 265 172 16 Other 29 159 53 14 Total commercial real estate 2,387 3,141 2,340 175 Multi-family real estate 136 Construction and development: Commercial real estate 597 597 597 Multi-family real estate Land and land development 206 240 86 15 Total construction and development 803 837 683 15 One- to four-family 4,148 4,750 4,005 99 Home equity and other consumer: Home equity 493 694 530 13 Student Other 108 110 81 Total home equity and other consumer 601 804 611 13 Total with no allowance recorded $ 8,140 $ 9,877 $ 7,996 $ 316 The following tables present information relating to the Company’s internal risk ratings of its loans receivable as of the dates indicated (all amounts in the tables are net of undisbursed loan proceeds): September 30, 2015 Pass Watch Special Substandard Total Commercial and industrial: Term loans $ 59,999 $ 5,665 $ 2,172 $ 585 $ 68,421 Lines of credit 143,993 5,618 2,438 7,696 159,745 Total commercial and industrial 203,992 11,283 4,610 8,281 228,166 Commercial real estate: Office 68,628 5,551 15,138 2,263 91,580 Retail/wholesale/mixed use 104,131 14,393 14,577 6,779 139,880 Industrial/warehouse 48,423 1,351 1,274 571 51,619 Other 4,960 16 4,976 Total commercial real estate 226,142 21,295 30,989 9,629 288,055 Multi-family real estate 337,558 7,399 9,572 354,529 Construction and development: Commercial real estate 15,727 597 16,324 Multi-family real estate 107,675 107,675 Land and land development 5,119 71 1,535 6,725 Total construction/development 128,521 71 2,132 130,724 One- to four-family 475,024 639 785 4,461 480,909 Home equity and other consumer: Home equity 202,312 555 202,867 Student 8,506 8,506 Other 11,980 64 12,044 Total home equity and other consumer 222,798 619 223,417 Total $ 1,594,035 $ 40,687 $ 36,384 $ 34,694 $ 1,705,800 December 31, 2014 Pass Watch Special Substandard Total Commercial and industrial: Term loans $ 60,393 $ 1,943 $ 716 $ 939 $ 63,991 Lines of credit 132,921 14,385 3,836 11,404 162,546 Total commercial and industrial 193,314 16,328 4,552 12,343 226,537 Commercial real estate: Office 55,306 9,033 15,351 4,950 84,640 Retail/wholesale/mixed use 99,775 8,938 21,950 6,714 137,377 Industrial/warehouse 31,819 1,413 17 3,129 36,378 Other 5,088 29 5,117 Total commercial real estate 191,988 19,384 37,318 14,822 263,512 Multi-family real estate 301,162 10,597 10,654 322,413 Construction and development: Commercial real estate 17,143 597 17,740 Multi-family real estate 89,811 89,811 Land and land development 3,412 87 1,569 5,068 Total construction/development 110,366 87 2,166 112,619 One- to four-family 480,521 678 1,592 4,839 487,630 Home equity and other consumer: Home equity 219,245 493 219,738 Student 9,692 9,692 Other 12,573 108 12,681 Total home equity and other consumer 241,510 601 242,111 Total $ 1,518,861 $ 47,074 $ 43,462 $ 45,425 $ 1,654,822 Loans rated “pass” or “watch” are generally current on contractual loan and principal payments and comply with other contractual loan terms. Pass loans generally have no noticeable credit deficiencies or potential weaknesses. Loans rated watch, however, will typically exhibit early signs of credit deficiencies or potential weaknesses that deserve management’s close attention. Loans rated “special mention” do not currently expose the Company to a sufficient degree of risk to warrant a lower rating, but possess clear trends in credit deficiencies or potential weaknesses that deserve management’s close attention. The allowance for loan losses on loans rated pass, watch, or special mention is typically evaluated collectively for impairment using a homogenous pool approach. This approach utilizes quantitative factors developed by management from its assessment of historical loss experience, qualitative factors, and other considerations. Loans rated “substandard” involve a distinct possibility that the Company could sustain some loss if deficiencies associated with the loan are not corrected. Loans rated “doubtful” indicate that full collection is highly questionable or improbable. The Company did not have any loans that were rated doubtful at September 30, 2015, or December 31, 2014. Loans rated substandard or doubtful that are also considered in management’s judgment to be impaired are generally analyzed individually to determine an appropriate allowance for loan loss. A loan rated “loss” is considered uncollectible, even if a partial recovery could be expected in the future. The Company generally charges off loans that are rated as a loss. As such, the Company did not have any loans that were rated loss at September 30, 2015, or December 31, 2014. September 30, 2015 Past Due Status Total 30-59 60-89 > 90 Total Total Total Non- Commercial and industrial: Term loans $ 61 $ 61 $ 68,360 $ 68,421 $ 110 Lines of credit $ 800 800 158,945 159,745 32 Total commercial and industrial 800 61 861 227,305 228,166 142 Commercial real estate: Office 1,922 1,922 89,658 91,580 2,264 Retail/wholesale/mixed $ 1,130 217 931 2,278 137,602 139,880 1,717 Industrial/warehouse 51,619 51,619 198 Other 4,976 4,976 16 Total commercial real estate 1,130 217 2,853 4,200 283,855 288,055 4,195 Multi-family real estate 1,428 1,428 353,101 354,529 1,371 Construction and development: Commercial real estate 597 597 15,727 16,324 597 Multi-family real estate 107,675 107,675 Land and land development 71 71 6,654 6,725 182 Total construction 71 597 668 130,056 130,724 779 One- to four-family 6,790 2,599 3,637 13,026 467,883 480,909 3,676 Home equity and other consumer: Home equity 307 325 555 1,187 201,680 202,867 555 Student 130 90 462 682 7,824 8,506 Other 63 33 64 160 11,884 12,044 64 Total home equity and other consumer 500 448 1,081 2,029 221,388 223,417 619 Total $ 9,919 $ 4,064 $ 8,229 $ 22,212 $ 1,683,588 $ 1,705,800 $ 10,782 December 31, 2014 Past Due Status Total 30-59 60-89 > 90 Total Total Total Non- Commercial and industrial: Term loans $ 63 $ 83 $ 146 $ 63,845 $ 63,991 $ 167 Lines of credit $ 36 36 162,510 162,546 34 Total commercial and industrial 36 63 83 182 226,355 226,537 201 Commercial real estate: Office 1,922 239 2,161 82,479 84,640 2,531 Retail/wholesale/mixed 654 715 244 1,613 135,764 137,377 1,537 Industrial/warehouse 36,378 36,378 212 Other 5,117 5,117 29 Total commercial real estate 654 2,637 483 3,774 259,738 263,512 4,309 Multi-family real estate 558 558 321,855 322,413 1,402 Construction and development: Commercial real estate 597 597 17,143 17,740 597 Multi-family real estate 89,811 89,811 Land and land development 16 16 5,052 5,068 206 Total construction 16 597 613 112,006 112,619 803 One- to four-family 7,853 2,687 3,988 14,528 473,102 487,630 4,148 Home equity and other consumer: Home equity 919 257 493 1,669 218,069 219,738 493 Student 167 145 540 852 8,840 9,692 Other 100 40 108 248 12,433 12,681 108 Total home equity and other consumer 1,186 442 1,141 2,769 239,342 242,111 601 Total $ 10,287 $ 5,845 $ 6,292 $ 22,424 $ 1,632,398 $ 1,654,822 $ 11,464 As of September 30, 2015, and December 31, 2014, $462 and $540 in student loans, respectively, were 90-days past due, but remained on accrual status because such loans were originated under programs guaranteed by the federal government. No other loans 90-days past due were in accrual status as of either date. The Company classifies a loan modification as a troubled debt restructuring (“TDR”) when it has granted a borrower experiencing financial difficulties a concession that it would otherwise not consider. Loan modifications that result in insignificant delays in the receipt of payments (generally nine months or less) are not considered TDRs under the Company’s TDR policy. TDRs are relatively insignificant and/or infrequent in the Company and generally consist of loans placed in interest-only status for a short period of time or payment forbearance for greater than six months. As of September 30, 2015, and December 31, 2014, TDRs were $ 4,155 4,872 1,966 3,315 |