Loans Receivable and Allowance for Loan Losses |  Note 5 - Loans Receivable and Allowance for Loan Losses  The following table presents the recorded investment in loans receivable at December 31, 201 7 and December 31, 201 6 by segment and class:     December 31, 2017 December 31, 2016  (In Thousands)  Originated loans:  Residential one-to-four family $ 182,544 $ 142,081  Commercial and multi-family 1,213,390 1,056,806  Construction 50,497 70,867  Commercial business (1) 66,775 63,444  Home equity (2) 38,725 32,417  Consumer 1,183 1,269   Sub-total 1,553,114 1,366,884   Acquired loans recorded at fair value:  Residential one-to-four family 47,808 56,310  Commercial and multi-family 46,609 60,422  Construction - -  Commercial business (1) 4,057 4,460  Home equity (2) 8,955 13,877  Consumer 122 225   Sub-total 107,551 135,294   Acquired loans with deteriorated credit:  Residential one-to-four family 1,413 1,443  Commercial and multi-family 731 753  Construction - -  Commercial business (1) - -  Home equity (2) - -  Consumer - -   Sub-total 2,144 2,196   Total Loans 1,662,809 1,504,374   Less:  Deferred loan fees, net (1,757) (2,006)  Allowance for loan losses (17,375) (17,209)   (19,132) (19,215)    Total Loans, net $ 1,643,677 $ 1,485,159 __________ (1) Includes business lines of credit. (2) Includes home equity lines of credit.  At December 31, 201 7 and 201 6 , loans serviced by the Bank for the benefit of others totaled approximately $ 256.9 million an d $184.1 million , respectively.  Note 5 - Loans Receivable and Allowance for Loan Losses (Continued)  The following table presents the unpaid principal balance and the related recorded investment of acquired loans included in loans receivable in accompanying Consolidated Statements of Financial Condition. (In Thousands):      December 31, December 31,  2017 2016   Unpaid principal balance $ 114,542 $ 140,049  Recorded investment 109,695 137,490     The following table presents changes in the accretable discount on loans acquired for the years ended December 31, 201 7 and 201 6 . (In Thousands):     Years Ended December 31,  2017 2016   Balance, Beginning of Period $ 39,119 $ 53,612  Accretion (10,983) (14,976)  Net Reclassification from Non-Accretable Yield 328 483  Balance, End of Period $ 28,464 $ 39,119      The following table presents changes in the non-accretable yield on loans acquired for the years ended December 31, 201 7 and 201 6 . (In Thousands):      Years Ended December 31,  2017 2016   Balance, Beginning of Period $ 2,558 $ 3,041  Net Reclassification to Accretable Difference (328) (483)  Balance, End of Period $ 2,230 $ 2,558   Note 5 - Loans Receivable and Allowance for Loan Losses (Continued)  The Bank grants loans to its officers and dire ctors and to their associates. The activity with respect to loans to directors, officers and associates of such persons, is as follows:       Years Ended December 31,  2017 2016   (In Thousands)   Balance – beginning $ 8,552 $ 12,444  Loans originated - 386  Collections of principal (1,075) (1,461)  Change in related party status 13,624 (2,817)   Balance - ending $ 21,101 $ 8,552     Allowance for Loan Losses  Management reviews the adequacy of the allowance on at least a quarterly basis to ensure that the provision for loan losses has been charged against earnings in an amount necessary to maintain the allowance at a level that is adequate based on management’s assessment of probable estimated losses. The Company’s methodology for assessing the adequacy of the allowance for loan losses co nsists of several key elements. These elements include a general allocated reserve for performing loans , a specific reserve for impaired loans and an unallocated portion.  The Company consistently applies the follo wing comprehensive methodology. During the quarterly review of the allowance for loan losses, the Company considers a variety of qualitative factors that include: • General economic conditions. • Trends in charge-offs. • Trends and levels of delinquent loans. • Trends and levels of non-performing loans, including loans over 90 days delinquent. • Trends in volume and terms of loans. • Levels of allowance for specific classified loans. • Credit concentrations.  The methodology includes the segregation of the loan portfolio into two divisions. Loans that are performing and loans that are impaired. Loans which are performing are evaluated homogeneously by loan class or loan type. The allowance for performing loans is evaluated based on histori cal loan experience, including consideration of peer loss analysis, with an adjustment for qualitative factors referred to above . Impaired loans are loans which are more than 90 days delinquent or troubled debt restructured. These loans are individually evaluated for loan loss either by current appraisal, or net present value. Management reviews the overall estimate for feasibility and bases the loan loss provision accordingly.  The loan portfolio is segmented into the following loan classes, where the risk level for each class is analyzed when determining the allowance for loan losses:  Residential single family real estate loans involve certain risks such as interest rate risk and risk of non-repayment. Adjustable-rate residential family real estate loans decreases the interest rate risk to the Bank that is associated with changes in interest rates but involve other risks, primarily because as interest rates rise, the payment by the borrower rises to the extent permitted by the terms of the loan, thereby increasing the potential for default. At the same time, the marketability of the underlying property may be adversely affected by higher interest rates. Repayment risk may be affected by a number of factors including, but not necessarily limited to, job loss, divorce, illness and personal bankruptcy of the borrower.   Note 5 - Loans Receivable and Allowance for Loan Losses (Continued)  Construction lending is generally considered to involve a greater potential risk due to the concentration of principal in a limited number of loans and borrowers and the effects of the general economic conditions on developers and builders. Moreover, a construction loan can involve additional risks because of the inherent difficulty in estimating both a property’s value at completion of the project and the estimated cost (including interest) of the project. The nature of these loans is such that they are generally difficult to evaluate and monitor. In addition, speculative construction loans to a builder are not necessarily pre-sold and thus pose a greater potential risk to the Bank than construction loans to individuals on their personal residence.  Commercial and multi-family real estate lending entails additional risks as compared with residential family property lending. Such loans typically involve large loan balances to single borrowers or groups of related borrowers. The payment experience on such loans is typically dependent on the successful operation of the real estate project. The success of such projects is sensitive to changes in supply and demand conditions in the market for commercial real estate as well as economic conditions generally.  Commercial business lending, including lines of credit, is generally considered to have greater potential risk due to the concentration of principal in a limited number of loans and borrowers and the effects of general economic conditions on the business. Commercial business loans are primarily secured by inventories and other business assets. In most cases, any repossessed collateral for a defaulted commercial business loans will not provide an adequate source of repayment of the outstanding loan balance.  Home equity lending entails certain risks such as interest rate risk and risk of non-repayment. The marketability of the underlying property may be adversely affected by higher interest rates, decreasing the collateral securing the loan. Repayment risk can be affected by job loss, divorce, illness and personal bankruptcy of the borrower. Home equity line of credit lending entails securing an equity interest in the borrower’s home. In many cases, the Bank’s position in these loans is as a junior lien holder to another institution’s superior lien. This type of lending is often priced on an adjustable rate basis with the rate set at or above a predefined index. Adjustable-rate loans decreases the interest rate risk to the Bank that is associated with changes in interest rates but involve other risks, primarily because as interest rates rise, the payment by the borrower rises to the extent permitted by the terms of the loan, thereby increasing the potential for default.  Other consumer loans generally have more credit risk because of the type and nature of the collateral and, in certain cases, the absence of collateral. Consumer loans generally have shorter terms and higher interest rates than other lending. In addition, consumer lending collections are dependent on the borrower’s continuing financial stability, and thus are more likely to be adversely effected by job loss, divorce, illness and personal bankruptcy. In most cases, any repossessed collateral for a defaulted consumer loan will not provide an adequate source of repayment of the outstanding loan.  The Company also maintains an unallocated allowance. The unallocated allowance is used to cover any factors or conditions which may cause a potential loan loss but are not specifically identifiable. It is prudent to maintain an unallocated portion of the allowance because no matter how detailed an analysis of potential loan losses is performed, these estimates lack some element of precision. Management must make estimates using assumptions and information that is often subjective and changing rapidly.  Criticized and Classified Assets . Our policies provide for a classifica tion system for problem assets. Under this classification system, problem assets are classified as “substandard,” “doubtful, ” or “loss.”  When we classify problem assets, we may establish general allowances for loan losses in an amount deemed prudent by management. General allowances represent loss allowances which have been established to recognize the inherent risk associated with lending activities, but which, unlike specific allowances, have not been allocated to particular problem assets. A portion of general loss allowances established to cover possible losses related to assets classified as substandard or doubtful may be included in determining our regulatory capital. Specific valuation allowances for loan losses generally do not qualify as regulatory capital. As of December 31, 2017, we had $49,000 in assets classified as losses, of which $49,000 were classified as impaired, and $21.7 million in assets classified as substandard, of which $21.7 million were classified as impaired . The loans classified as substandard represent primarily commercial loans secured either by residential real estate, commercial real estate or heavy equipment. The loans that have been classified substandard were classified as such primarily due to payment status, because updated financial information has not been timely provided, or the collateral underlying the loan is in the process of being revalued.  The Company’s internal credit risk grades are based on the definitions currently utilized by the banking regulatory agencies. The grades assigned and definitions are as follows, and loans graded excellent, above average, good and watch list (risk ratings 1-5 ) are treated as “pass” for grading purposes. The “criticized” risk rating (6) and the “classified” risk rating (7-9) are detailed below:  6 – Special Mention- Loans currently performing but with potential weaknesses including adverse trends in borrower’s operations, credit quality, financial strength, or possible collateral deficiency.  7 – Substandard - Loans that are inadequately protected by current sound worth, paying capacity, and collateral support. Loans on “nonaccrual” status. The loan needs special and corrective attention.  8 – Doubtful - Weaknesses in credit quality and collateral support make full collection improbable, but pending reasonable factors remain sufficient to defer the loss status.  9 – Loss - Continuance as a bankable asset is not warranted. However, this does not preclude future attempts at partial recovery.   Note 5 - Loans Receivable and Allowance for Loan Losses (Continued)  The following table sets forth the activity in the Bank’s allowance for loan losses for the year ended December 31, 201 7 and recorded investment in loans receivable at December 31, 201 7 . The table also details the amount of total loans receivable, that are evaluated individually, and collectively, for impairment, and the related portion of the allowance for loan losses that is allocated to each loan class (In Thousands):      Commercial & Commercial Home  Residential Multi-family Construction Business (1) equity (2) Consumer Unallocated Total  Allowance for credit losses:   Originated Loans $ 2,098 $ 10,621 $ 736 $ 3,079 $ 374 $ 2 $ 69 $ 16,979  Acquired loans recorded at fair value 170 - - - 4 - - 174  Acquired loans with deteriorated credit 43 13 - - - - - 56  Beginning Balance, January 1, 2017 2,311 10,634 736 3,079 378 2 69 17,209   Charge-offs:  Originated Loans - 190 - 1,553 - 11 - - 1,754  Acquired loans recorded at fair value 336 - - - 54 - - - 390  Acquired loans with deteriorated credit - - - - - - - - -  Sub-total 336 190 - 1,553 54 11 - 2,144   Recoveries:  Originated Loans - 182 - - - - - 182  Acquired loans recorded at fair value - - - - - - - -  Acquired loans with deteriorated credit - - 18 - - - 18  Sub-total - 182 - 18 - - - 200   Provisions:  Originated Loans 270 1,043 (218) 492 (36) 15 108 1,674  Acquired loans recorded at fair value 408 - - - 50 - - 458  Acquired loans with deteriorated credit (3) (1) - (18) - - - (22)  Sub-total 675 1,042 (218) 474 14 15 108 2,110   Totals:  Originated Loans 2,368 11,656 518 2,018 338 6 177 17,081  Acquired loans recorded at fair value 242 - - - - - - 242  Acquired loans with deteriorated credit 40 12 - - - - - 52  Ending Balance, December 31, 2017 $ 2,650 $ 11,668 $ 518 $ 2,018 $ 338 $ 6 $ 177 $ 17,375   Loans Receivables:   Ending Balance Originated Loans 182,544 1,213,390 50,497 66,775 38,725 1,183 - 1,553,114  Ending Balance Acquired Loans 47,808 46,609 - 4,057 8,955 122 - 107,551  Ending Balance Acquired loans with deteriorated credit 1,413 731 - - - - - 2,144  Total Gross Loans $ 231,765 $ 1,260,730 $ 50,497 $ 70,832 $ 47,680 $ 1,305 - $ 1,662,809   Ending Balance: Loans individually evaluated  for impairment:  Ending Balance Originated Loans 7,944 12,212 - 1,780 1,042 - - 22,978  Ending Balance Acquired Loans 7,548 5,032 - - 302 - - 12,882  Ending Balance Acquired loans with deteriorated credit 1,413 513 - - - - - 1,926  Ending Balance Loans individually evaluated  for impairment $ 16,905 $ 17,757 $ - $ 1,780 $ 1,344 $ - $ - $ 37,786   Ending Balance: Loans collectively evaluated  for impairment:  Ending Balance Originated Loans 174,600 1,201,178 50,497 64,995 37,683 1,183 - 1,530,136  Ending Balance Acquired Loans 40,260 41,577 - 4,057 8,653 122 - 94,669  Ending Balance Acquired loans with deteriorated credit - 218 - - - - - 218  Ending Balance Loans collectively evaluated  for impairment $ 214,860 $ 1,242,973 $ 50,497 $ 69,052 $ 46,336 $ 1,305 $ - $ 1,625,023 __________ (1) Includes business lines of credit. (2) Includes home equity lines of credit.  Note 5 - Loans Receivable and Allowance for Loan Losses (Continued)  The following table sets forth the activity in the Bank’s allowance for loan losses for the year ended December 31, 201 6 and recorded investment in loans receivable at December 31, 201 6 . The table also details the amount of total loans receivable, that are evaluated individually, and collectively, for impairment, and the related portion of the allowance for loan losses that is allocated to each loan class (In Thousands):    Commercial & Commercial Home  Residential Multi-family Construction Business (1) equity (2) Consumer Unallocated Total  Allowance for credit losses:   Originated Loans $ 2,107 $ 11,643 $ 722 $ 1,749 $ 369 $ 879 $ 168 $ 17,637  Acquired loans recorded at fair value 270 17 - - 50 - - 337  Acquired loans with deteriorated credit 47 14 - 4 3 - - 68  Beginning Balance, January 1, 2016 2,424 11,674 722 1,753 422 879 168 18,042   Charge-offs:  Originated Loans - 367 - 160 - - - - 527  Acquired loans recorded at fair value 459 38 - 3 54 - - - 554  Acquired loans with deteriorated credit - - - - - - - - -  Sub-total 459 405 - 163 54 - - 1,081   Recoveries:  Originated Loans - 74 - - - - - 74  Acquired loans recorded at fair value - 4 - - 14 - - 18  Acquired loans with deteriorated credit - - - 129 - - - 129  Sub-total - 78 - 129 14 - - 221   Provisions:  Originated Loans (9) (729) 14 1,490 5 (877) (99) (205)  Acquired loans recorded at fair value 359 17 - 3 (6) - - 373  Acquired loans with deteriorated credit (4) (1) - (133) (3) - - (141)  Sub-total 346 (713) 14 1,360 (4) (877) (99) 27   Totals:  Originated Loans 2,098 10,621 736 3,079 374 2 69 16,979  Acquired loans recorded at fair value 170 - - - 4 - - 174  Acquired loans with deteriorated credit 43 13 - - - - - 56  Ending Balance, December 31, 2016 $ 2,311 $ 10,634 $ 736 $ 3,079 $ 378 $ 2 $ 69 $ 17,209   Loans Receivables:   Ending Balance Originated Loans 142,081 1,056,806 70,867 63,444 32,417 1,269 - 1,366,884  Ending Balance Acquired Loans 56,310 60,422 - 4,460 13,877 225 - 135,294  Ending Balance Acquired loans with deteriorated credit 1,443 753 - - - - - 2,196  Total Gross Loans $ 199,834 $ 1,117,981 $ 70,867 $ 67,904 $ 46,294 $ 1,494 $ - $ 1,504,374   Ending Balance: Loans individually evaluated  for impairment:  Ending Balance Originated Loans 10,651 12,325 6 4,088 1,362 - - 28,432  Ending Balance Acquired Loans 7,600 6,356 - - 1,065 - - 15,021  Ending Balance Acquired loans with deteriorated credit 1,443 523 - - - - - 1,966  Ending Balance Loans individually evaluated  for impairment $ 19,694 $ 19,204 $ 6 $ 4,088 $ 2,427 $ - $ - $ 45,419   Ending Balance: Loans collectively evaluated  for impairment:  Ending Balance Originated Loans 131,430 1,044,481 70,861 59,356 31,055 1,269 - 1,338,452  Ending Balance Acquired Loans 48,710 54,066 - 4,460 12,812 225 - 120,273  Ending Balance Acquired loans with deteriorated credit - 230 - - - - - 230  Ending Balance Loans collectively evaluated  for impairment $ 180,140 $ 1,098,777 $ 70,861 $ 63,816 $ 43,867 $ 1,494 $ - $ 1,458,955 __________ (1) Includes business lines of credit. (2) Includes home equity lines of credit.  Note 5 - Loans Receivable and Allowance for Loan Losses (Continued)  The following table sets forth the activity in the Bank’s allowance for loan losses for the year ended December 31, 201 5 and recorded investment in loans receivable at December 31, 201 5 . The table also details the amount of total loans receivable, that are evaluated individually, and collectively, for impairment, and the related portion of the allowance for loan losses that is allocated to each loan class (In Thousands):    Commercial Commercial Home  Residential & Multi-family Construction Business (1) equity (2) Consumer Unallocated Total  Allowance for credit losses:   Originated Loans: $ 2,364 $ 10,028 $ 1,080 $ 876 $ 333 $ 449 $ 121 $ 15,251  Acquired loans recorded at fair value: 417 102 - - 58 - - 577  Acquired loans with deteriorated credit: 64 23 - 233 3 - - - 323  Beginning Balance, January 1, 2015 2,845 10,153 1,080 1,109 394 449 121 16,151   Charge-offs:  Originated Loans: - 10 - 80 - - - - 90  Acquired loans recorded at fair value: 67 - - - 106 - - - 173  Acquired loans with deteriorated credit: - - - 199 - - - - 199  Sub-total: 67 10 - 279 106 - - 462   Recoveries:  Originated Loans: - 70 - - - - - 70  Acquired loans recorded at fair value: - - - - 3 - - 3  Acquired loans with deteriorated credit: - - - - - - - -  Sub-total: - 70 - - 3 - - 73   Provisions:  Originated Loans: (257) 1,555 (358) 953 36 430 47 2,406  Acquired loans recorded at fair value: (80) (85) - - 95 - - (70)  Acquired loans with deteriorated credit: (17) (9) - (30) - - - (56)  Sub-total: (354) 1,461 (358) 923 131 430 47 2,280   Totals:  Originated Loans: 2,107 11,643 722 1,749 369 879 168 17,637  Acquired loans recorded at fair value: 270 17 - - 50 - - 337  Acquired loans with deteriorated credit: 47 14 - 4 3 - - 68  Ending Balance, December 31, 2015 $ 2,424 $ 11,674 $ 722 $ 1,753 $ 422 $ 879 $ 168 $ 18,042   Loans Receivables:   Ending Balance Originated Loans: 117,165 982,828 64,008 70,340 31,237 2,365 - 1,267,943  Ending Balance Acquired Loans: 67,587 79,308 - 4,281 18,851 263 - 170,290  Ending Balance Acquired loans with deteriorated credit: 1,474 669 - 167 71 - - 2,381  Total Gross Loans: $ 186,226 $ 1,062,805 $ 64,008 $ 74,788 $ 50,159 $ 2,628 $ - $ 1,440,614   Ending Balance: Loans individually evaluated  for impairment:  Ending Balance Originated Loans: 9,120 14,681 - 4,203 1,456 1,463 - 30,923  Ending Balance Acquired Loans: 9,885 6,775 - - 1,363 - - 18,023  Ending Balance Acquired loans with deteriorated credit: 1,474 426 - 167 71 - - 2,138  Ending Balance Loans individually evaluated  for impairment: $ 20,479 $ 21,882 $ - $ 4,370 $ 2,890 $ 1,463 $ - $ 51,084   Ending Balance: Loans collectively evaluated  for impairment:  Ending Balance Originated Loans: 108,045 968,147 64,008 66,137 29,781 902 - 1,237,020  Ending Balance Acquired Loans: 57,702 72,533 - 4,281 17,488 263 - 152,267  Ending Balance Acquired loans with deteriorated credit: - 243 - - - - - 243  Ending Balance Loans collectively evaluated  for impairment: $ 165,747 $ 1,040,923 $ 64,008 $ 70,418 $ 47,269 $ 1,165 $ - $ 1,389,530    __________ (1) Includes business lines of credit. (2) Includes home equity lines of credit.    Note 5 - Loans Receivable and Allowance for Loan Losses (Continued)  The table below sets forth the amounts and types of non-accrual loans in the Bank’s loan portfolio, at December 31, 201 7 and 201 6 , respectively. Loans are placed on non-accrual status when they become more than 90 days delinquent, or when the collection of principal and/or interest become doubtful. As of December 31, 201 7 and 201 6 , non-accrual loans differed from the amount of total loans past due greater than 90 days due to troubled debt restructuring of loans which are maintained on non-accrual status for a minimum of six months until the borrower has demonstrated its ability to satisfy the terms of the restructured loan.       As of December 31, 2017 As of December 31, 2016  (In Thousands) (In Thousands)  Non-Accruing Loans:   Originated loans:  Residential one-to-four family $ 2,545 $ 3,693  Commercial and multi-family 6,762 5,437  Construction - -  Commercial business (1) 299 726  Home equity (2) 201 416  Consumer - 6   Sub-total: $ 9,807 $ 10,278   Acquired loans recorded at fair value:  Residential one-to-four family $ 2,372 $ 3,429  Commercial and multi-family 850 1,182  Construction - -  Commercial business (1) - -  Home equity (2) 7 763  Consumer - -   Sub-total: $ 3,229 $ 5,374   Acquired loans with deteriorated credit:  Residential one-to-four family $ - $ -  Commercial and multi-family - -  Construction - -  Commercial business (1) - -  Home equity (2) - -  Consumer - -   Sub-total: $ - $ -   Total $ 13,036 $ 15,652 __________ (1) Includes business lines of credit. (2) Includes home equity lines of credit.   Had non-accrual loans been performing in accordance with their original terms, the interest income recognized for the years ended December 31, 2017, 2016 and 2015 would have been approximately $919,000 , $1.06 million and $1. 13 million, respectively. Interest income recognized on such loans was approximately $622,000 , $798,000 and $326,000 respectively. The Bank is not committed to lend additional funds to the borrowers whose loans have been placed on a nonaccrual status. At December 31, 2017 and 2016, there were $315,000 and $2.8 million, respectively, of loans which were more than ninety days past due and still accruing interest.       Note 5 - Loans Receivable and Allowance for Loan Losses (Continued)  The following table summarizes the recorded investment and unpaid principal balances where there is no related allowance on impaired loans by portfolio class for the years ended December 31, 201 7 and December 31, 201 6 . (In Thousands):       As of December 31, 2017 As of December 31, 2016  Recorded Unpaid Principal Related Recorded Unpaid Principal Related  Originated loans Investment Balance Allowance Investment Balance Allowance  with no related allowance recorded:   Residential one-to-four family $ 2,073 $ 2,236 $ - $ 5,158 $ 5,341 $ -  Commercial and multi-family 12,212 12,763 - 10,498 10,722 -  Construction - - - 6 6 -  Commercial business (1) 181 908 - 1,022 1,966 -  Home equity (2) 885 932 - 1,022 1,101 -  Consumer - - - - - -   Sub-total: $ 15,351 $ 16,839 $ - $ 17,706 $ 19,136 $ -   Acquired loans recorded at fair  value with no related allowance  recorded:   Residential one-to-four family $ 4,119 $ 4,285 $ - $ 5,577 $ 6,149 $ -  Commercial and Multi-family 3,772 3,773 - 5,575 5,710 -  Construction - - - - - -  Commercial business (1) - - - - - -  Home equity (2) 216 268 - 545 650 -  Consumer - - - - - -   Sub-total: $ 8,107 $ 8,326 $ - $ 11,697 $ 12,509 $ -   Acquired loans with deteriorated  credit with no related allowance  recorded:   Residential one-to-four family $ 1,413 $ 2,031 $ - $ 1,443 $ 2,069 $ -  Commercial and Multi-family 513 537 - 523 552 -  Construction - - - - - -  Commercial business (1) - - - - - -  Home equity (2) - - - - - -  Consumer - - - - - -   Sub-total: $ 1,926 $ 2,568 $ - $ 1,966 $ 2,621 $ -   Total Impaired Loans  with no related allowance recorded: $ 25,384 $ 27,733 $ - $ 31,369 $ 34,266 $ -   __________ (1) Includes business lines of credit. (2) Includes home equity lines of credit.   Note 5 - Loans Receivable and Allowance for Loan Losses (Continued)  The following table summarizes the recorded investment, unpaid principal balance, and the related allowance on impaired loans by portfolio class for the years ended December 31, 201 7 and December 31, 201 6 . (In Thousands):     As of December 31, 2017 As of December 31, 2016  Recorded Unpaid Principal Related Recorded Unpaid Principal Related  Originated loans Investment Balance Allowance Investment Balance Allowance  with an allowance recorded:   Residential one-to-four family $ 5,871 $ 5,871 $ 508 $ 5,493 $ 5,493 $ 496  Commercial and Multi-family - - - 1,827 1,866 380  Construction - - - - - -  Commercial business (1) 1,599 2,431 1,033 3,066 4,006 2,359  Home equity (2) 157 157 25 340 340 32  Consumer - - - - - -   Sub-total: $ 7,627 $ 8,459 $ 1,566 $ 10,726 $ 11,705 $ 3,267   Acquired loans recorded at fair  value with an allowance  recorded:   Residential one-to-four family $ 3,429 $ 3,580 $ 281 $ 2,023 $ 2,080 $ 202  Commercial and Multi-family 1,260 1,313 179 781 781 37  Construction - - - - - -  Commercial business (1) - - - - - -  Home equity (2) 86 86 7 520 571 24  Consumer - - - - - -   Sub-total $ 4,775 $ 4,979 $ 467 $ 3,324 $ 3,432 $ 263   Acquired loans with deteriorated  credit with an allowance  recorded:   Residential one-to-four family $ - $ - $ - $ - $ - $ -  Commercial and Multi-family - - - - - -  Construction - - - - - -  Commercial business (1) - - - - - -  Home equity (2) - - - - - -  Consumer - - - - - -   Sub-total: $ - $ - $ - $ - $ - $ -   Total Impaired Loans  with an allowance recorded: $ 12,402 $ 13,438 $ 2,033 $ 14,050 $ 15,137 $ 3,530   Total Impaired Loans  with no related allowance recorded: $ 25,384 $ 27,733 $ - $ 31,369 $ 34,266 $ -   Total Impaired Loans: $ 37,786 $ 41,171 $ 2,033 $ 45,419 $ 49,403 $ 3,530  __________ (1) Includes business lines of credit. (2) Includes home equity lines of credit.   Note 5 - Loans Receivable and Allowance for Loan Losses (Continued)  The following table summarizes the average recorded investment and actual interest income recognized on impaired loans with no related allowance recorded by portfolio class for the years ended December 31, 201 7 and 201 6 . (In Thousands):      Years Ended December 31,  2017 2017 2016 2016   Average Interest Average Interest  Recorded Income Recorded Income  Originated loans Investment Recognized Investment Recognized  with no related allowance recorded:   Residential one-to-four family $ 2,859 $ 39 $ 4,613 $ 281  Commercial and multi-family 12,351 271 10,820 563  Construction - - 746 -  Commercial business (1) 441 - 1,678 116  Home equity (2) 878 38 1,002 60  Consumer - - 2 -   Sub-total: $ 16,529 $ 348 $ 18,861 $ 1,020   Acquired loans recorded at fair value  with no related allowance recorded:   Residential one-to-four family $ 4,758 $ 138 $ 5,234 $ 345  Commercial and Multi-family 3,996 220 5,055 332  Construction - - - -  Commercial business (1) - - - -  Home equity (2) 454 13 583 37  Consumer - - - -   Sub-total: $ 9,208 $ 371 $ 10,872 $ 714   Acquired loans with deteriorated  credit with no related allowance  recorded:   Residential one-to-four family $ 1,423 $ 87 $ 1,455 $ 89  Commercial and Multi-family 517 27 527 28  Construction - - - -  Commercial business (1) - - - -  Home equity (2) - - 19 -  Consumer - - - -   Sub-total: $ 1,940 $ 114 $ 2,001 $ 117   Total Impaired Loans  with no related allowance recorded: $ 27,677 $ 833 $ 31,734 $ 1,851  __________ (1) Includes business lines of credit. (2) Includes home equity lines of credit.    Note 5 - Loans Receivable and Allowance for Loan Losses (Continued)  The following table summarizes the average recorded investment and actual interest income recognized on impaired loans with allowance recorded by portfolio class for the years ended December 31, 201 7 and 201 6 . (In Thousands):     Years Ended December 31,  2017 2017 2016 2016   Average Interest Average Interest  Recorded Income Recorded Income  Originated loans Investment Recognized Investment Recognized  with an allowance recorded:   Residential one-to-four family $ 6,024 $ 213 $ 5,564 $ 253  Commercial and Multi-family 421 - 3,122 39  Construction - - - -  Commercial business (1) 2,958 81 2,406 139  Home equity (2) 221 6 278 16  Consumer - - 632 -   Sub-total: $ 9,624 $ 300 $ 12,002 $ 447    Acquired loans recorded at fair value  with an allowance recorded:   Residential one-to-four family $ 2,989 $ 118 $ 3,342 $ 69  Commercial and Multi-family 1,601 38 1,077 44  Construction - - - -  Commercial business (1) - - - -  Home equity (2) 96 6 674 17  Consumer - - - -   Sub-total $ 4,686 $ 162 $ 5,093 $ 130   Acquired loans with deteriorated credit  with an allowance recorded:   Residential one-to-four family $ - $ - $ - $ -  Commercial and Multi-family - - - -  Construction - - - -  Commercial business (1) - - 41 -  Home equity (2) - - - -  Consumer - - - -   Sub-total: $ - $ - $ 41 $ -   Total Impaired Loans  with an allowance recorded: $ 14,310 $ 462 $ 17,136 $ 577  __________ (1) Includes business lines of credit. (2) Includes home equity lines of credit.   Note 5 - Loans Receivable and Allowance for Loan Losses (Continued)  The following table presents the total troubled debt restructured loans at December 31, 201 7 , excluding the purchase impairment mark on the acquired loans with deteriorated credit:      Accrual Non-accrual Total  December 31, 2017 # of Loans Amount # of Loans Amount # of Loans Amount  (Actual) (In Thousands) (Actual) (In Thousands) (Actual) (In Thousands)  Originated loans:  Residential one-to-four family 5 $ 2,352 2 $ 1,086 7 $ 3,438  Commercial and multi-family 8 4,846 8 5,416 16 10,262  Construction - - - - - -  Commercial business (1) 1 411 2 57 3 468  Home equity (2) 5 786 1 44 6 830  Consumer - - - - - -   Sub-total: 19 $ 8,395 13 $ 6,603 32 $ 14,998   Acquired loans recorded at fair value:  Residential one-to-four family 21 $ 4,992 4 $ 1,215 25 $ 6,207  Commercial and Multi-family 11 3,840 1 590 12 4,430  Construction - - - - - -  Commercial business (1) - - - - - -  Home equity (2) 2 262 - - 2 262  Consumer - - - - - -   Sub-total: 34 $ 9,094 5 $ 1,805 39 $ 10,899   Acqui |