Document_and_Entity_Informatio
Document and Entity Information | 3 Months Ended | |
Mar. 31, 2014 | Apr. 28, 2014 | |
Document and Entity Information [Abstract] | ' | ' |
Document Type | '10-Q | ' |
Amendment Flag | 'false | ' |
Document Period End Date | 31-Mar-14 | ' |
Document Fiscal Period Focus | 'Q1 | ' |
Document Fiscal Year Focus | '2014 | ' |
Entity Registrant Name | 'BankFinancial CORP | ' |
Entity Central Index Key | '0001303942 | ' |
Current Fiscal Year End Date | '--12-31 | ' |
Entity Filer Category | 'Accelerated Filer | ' |
Entity Common Stock, Shares Outstanding | ' | 21,101,966 |
Entity Well-known Seasoned Issuer | 'No | ' |
Entity Current Reporting Status | 'Yes | ' |
Entity Voluntary Filers | 'No | ' |
Consolidated_Statements_of_Fin
Consolidated Statements of Financial Condition (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Assets | ' | ' |
Cash and due from other financial institutions | $13,869 | $15,781 |
Interest-bearing deposits in other financial institutions | 137,855 | 145,176 |
Cash and cash equivalents | 151,724 | 160,957 |
Securities, at fair value | 115,977 | 110,907 |
Loans receivable, net of allowance for loan losses: March 31, 2014, $14,181 and December 31, 2013, $14,154 | 1,097,888 | 1,098,077 |
Other Real Estate Owned At Carrying Value | 8,670 | 6,306 |
Stock in Federal Home Loan Bank, at cost | 6,068 | 6,068 |
Premises and equipment, net | 34,882 | 35,328 |
Accrued interest receivable | 3,728 | 3,933 |
Core deposit intangible | 2,284 | 2,433 |
Bank owned life insurance | 22,022 | 21,958 |
Other assets | 5,299 | 7,627 |
Total assets | 1,448,542 | 1,453,594 |
Deposits | ' | ' |
Noninterest-bearing | 129,732 | 126,680 |
Interest-bearing | 1,123,087 | 1,126,028 |
Total deposits | 1,252,819 | 1,252,708 |
Borrowings | 2,668 | 3,055 |
Advance payments by borrowers taxes and insurance | 8,056 | 10,432 |
Accrued interest payable and other liabilities | 8,135 | 11,772 |
Total liabilities | 1,271,678 | 1,277,967 |
Commitments and contingent liabilities | ' | ' |
Stockholders' equity: | ' | ' |
Preferred Stock, $0.01 par value, 25,000,000 shares authorized, none issued or outstanding | 0 | 0 |
Common Stock, $0.01 par value, 100,000,000 shares authorized; 21,101,966 shares issued at March 31, 2014 and December 31, 2013 | 211 | 211 |
Additional paid-in capital | 193,610 | 193,594 |
Retained earnings (deficit) | -6,400 | -7,342 |
Unearned Employee Stock Ownership Plan shares | -11,013 | -11,255 |
Accumulated other comprehensive income | 456 | 419 |
Total stockholders' equity | 176,864 | 175,627 |
Total liabilities and stockholders' equity | $1,448,542 | $1,453,594 |
Consolidated_Statements_of_Fin1
Consolidated Statements of Financial Condition (Unaudited) (Parenthetical) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, except Share data, unless otherwise specified | ||
Statement of Financial Position [Abstract] | ' | ' |
Allowance for loan losses | $14,181 | $14,154 |
Preferred Stock, par value (usd per share) | $0.01 | $0.01 |
Preferred Stock, shares authorized | 25,000,000 | 25,000,000 |
Preferred Stock, shares issued | 0 | 0 |
Preferred Stock, shares outstanding | 0 | 0 |
Common Stock, par value (usd per share) | $0.01 | $0.01 |
Common Stock, shares authorized | 100,000,000 | 100,000,000 |
Common Stock, shares issued | 21,101,966 | 21,101,966 |
Consolidated_Statements_of_Ope
Consolidated Statements of Operations (USD $) | 3 Months Ended | |
In Thousands, except Share data, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Income Statement [Abstract] | ' | ' |
Other than Temporary Impairment Losses, Investments, Reclassification Adjustment of Noncredit Portion Included in Net Income, Availabe-for-sale Securities, before Tax | $7 | ' |
Interest and dividend income | ' | ' |
Loans, including fees | 11,699 | 12,278 |
Securities | 296 | 250 |
Other | 91 | 185 |
Total interest income | 12,086 | 12,713 |
Interest expense | ' | ' |
Deposits | 810 | 986 |
Borrowings | 2 | 8 |
Total interest expense | 812 | 994 |
Net interest income | 11,274 | 11,719 |
Provision for loan losses | 476 | 722 |
Net interest income | 10,798 | 10,997 |
Noninterest income | ' | ' |
Deposit service charges and fees | 433 | 499 |
Other fee income | 527 | 538 |
Insurance commissions and annuities income | 87 | 109 |
Gain on sale of loans, net | 24 | 1,417 |
Gain (Loss) on Sale of Securities, Net | -7 | 0 |
Gain (Loss) on Disposition of Property | 2 | 0 |
Loan servicing fees | 104 | 123 |
Amortization and impairment of servicing assets | -36 | -33 |
Bank Owned Life Insurance Income | 64 | 70 |
Trust | 164 | 181 |
Other | 170 | 125 |
Total noninterest income | 1,532 | 3,029 |
Noninterest expense | ' | ' |
Compensation and benefits | 5,958 | 6,752 |
Office occupancy and equipment | 1,914 | 1,948 |
Advertising and public relations | 162 | 146 |
Information technology | 639 | 758 |
Supplies, telephone, and postage | 391 | 452 |
Amortization of intangibles | 149 | 156 |
Nonperforming asset management | 104 | 694 |
Operations of other real estate owned | 257 | 511 |
FDIC insurance premiums | 479 | 492 |
Other | 1,318 | 1,439 |
Total noninterest expense | 11,371 | 13,348 |
Income (loss) before income taxes | 959 | 678 |
Income tax expense (benefit) | 17 | 0 |
Net income (loss) | $942 | $678 |
Basic loss per common share (usd per share) | $0.05 | $0.03 |
Diluted loss per common share (usd per share) | $0.05 | $0.03 |
Weighted average common shares outstanding (shares) | 20,098,655 | 19,964,028 |
Diluted weighted average common shares outstanding (shares) | 20,110,700 | 19,964,028 |
Consolidated_Statements_Compre
Consolidated Statements Comprehensive Loss (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Statement of Comprehensive Income [Abstract] | ' | ' |
Net income (loss) | $942 | $678 |
Unrealized holding gain (loss) arising during the period | 30 | -124 |
Other comprehensive loss, net of tax effect | 37 | -124 |
Comprehensive loss | 979 | 554 |
Other than Temporary Impairment Losses, Investments, Reclassification Adjustment of Noncredit Portion Included in Net Income, Availabe-for-sale Securities, before Tax | $7 | ' |
Consolidated_Statements_of_Cha
Consolidated Statements of Changes In Stockholders' Equity (USD $) | Total | Common Stock | Additional Paid-in Capital | Retained Earnings | Unearned Employee Stock Ownership Plan Shares | Accumulated Other Comprehensive Income (Loss) |
In Thousands, unless otherwise specified | ||||||
Beginning Balance at Dec. 31, 2012 | $172,890 | $211 | $193,590 | ($9,796) | ($12,233) | $1,118 |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ' | ' | ' | ' | ' | ' |
Net income (loss) | 678 | 0 | 0 | 678 | 0 | 0 |
Other comprehensive income, net of tax effects | -124 | 0 | 0 | 0 | 0 | -124 |
Cash dividends declared on common stock (2010: $0.28, 2011: $0.22, 2012: $0.03, per share) | ' | 0 | ' | ' | ' | ' |
ESOP shares earned | 195 | ' | -46 | 0 | 241 | 0 |
Ending Balance at Mar. 31, 2013 | 173,639 | 211 | 193,544 | -9,118 | -11,992 | 994 |
Beginning Balance at Dec. 31, 2013 | 175,627 | 211 | 193,594 | -7,342 | -11,255 | 419 |
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ' | ' | ' | ' | ' | ' |
Net income (loss) | 942 | 0 | 0 | 942 | 0 | 0 |
Other comprehensive income, net of tax effects | 37 | 0 | 0 | 0 | 0 | 37 |
Nonvested stock awards-stock-based compensation expense | 17 | 0 | 17 | 0 | 0 | 0 |
ESOP shares earned | 241 | 0 | -1 | 0 | 242 | 0 |
Ending Balance at Mar. 31, 2014 | $176,864 | $211 | $193,610 | ($6,400) | ($11,013) | $456 |
Consolidated_Statements_of_Cas
Consolidated Statements of Cash Flow (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Cash flows from operating activities | ' | ' |
Net income (loss) | $942 | $678 |
Adjustments to reconcile to net loss to net cash from operating activities | ' | ' |
Provision for loan losses | 476 | 722 |
ESOP shares earned | 241 | 195 |
Stock-based compensation expense | 17 | 0 |
Depreciation and amortization | 972 | 1,111 |
Amortization of premiums and discounts on securities and loans | -110 | -214 |
Amortization Of Intangibles | 149 | 156 |
Amortization and impairment of servicing assets | 36 | 33 |
Net change in net deferred loan origination costs | -32 | 14 |
Net loss on sale of other real estate owned | 6 | 69 |
Net gain on sale of loans | -24 | -1,417 |
Gain (Loss) on Sale of Securities, Net | 7 | 0 |
Gain (Loss) on Sale of Property Plant Equipment | -2 | 0 |
Loans originated for sale | -519 | -3,357 |
Proceeds from sale of loans | 543 | 4,163 |
REO valuation adjustments | 44 | 89 |
Net change in: | ' | ' |
Accrued interest receivable | 205 | 195 |
Earnings on bank owned life insurance | -64 | -70 |
Other assets | 2,202 | 1,163 |
Accrued interest payable and other liabilities | -3,637 | -1,263 |
Net cash from operating activities | 1,452 | 2,267 |
Securities | ' | ' |
Proceeds from maturities | 5,402 | 14,626 |
Proceeds from principal repayments | 1,898 | 4,938 |
Proceeds from Sale of Available-for-sale Securities | 3,663 | 0 |
Purchases of securities | -16,013 | -3,175 |
Loans receivable | ' | ' |
Principal payments on loans receivable | 103,592 | 130,457 |
Originated for investment | -106,604 | -105,573 |
Proceeds from sale of loans | 0 | 2,868 |
Proceeds of redemption of Federal Home Loan Bank of Chicago stock | 0 | 846 |
Proceeds from sale of other real estate owned | 154 | 2,667 |
Purchases of premises and equipment, net | -125 | -14 |
Net cash from (used in) investing activities | -8,033 | 47,640 |
Cash flows from financing activities | ' | ' |
Net change in deposits | 111 | -10,801 |
Net change in borrowings | -387 | -2,827 |
Net change in advance payments by borrowers for taxes and insurance | -2,376 | -915 |
Net cash used in financing activities | -2,652 | -14,543 |
Net change in cash and cash equivalents | -9,233 | 35,364 |
Beginning cash and cash equivalents | 160,957 | 275,764 |
Ending cash and cash equivalents | 151,724 | 311,128 |
Supplemental disclosures of cash flow information: | ' | ' |
Interest paid | 824 | 1,014 |
Income taxes paid | 11 | 0 |
Income taxes refunded | 0 | 461 |
Loans transferred to other real estate owned | $2,568 | $555 |
Summary_of_Significant_Account
Summary of Significant Accounting Policies (Notes) | 3 Months Ended |
Mar. 31, 2014 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ' |
Summary of Significant Accounting Policies | ' |
Basis of Presentation: BankFinancial Corporation, a Maryland corporation headquartered in Burr Ridge, Illinois, is the owner of all of the issued and outstanding capital stock of BankFinancial, F.S.B. (the “Bank”). | |
Principles of Consolidation: The interim unaudited consolidated financial statements include the accounts of and transactions of BankFinancial Corporation, the Bank, and the Bank’s wholly-owned subsidiaries, Financial Assurance Services, Inc. and BF Asset Recovery Corporation (collectively, “the Company”), and reflect all normal and recurring adjustments that are, in the opinion of management, considered necessary for a fair presentation of the financial condition and results of operations for the periods presented. All significant intercompany accounts and transactions have been eliminated. The results of operations for the three- month period ended March 31, 2014 are not necessarily indicative of the results of operations that may be expected for the year ending December 31, 2014. | |
Certain information and note disclosures normally included in financial statements prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”) have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission. | |
Use of Estimates: To prepare financial statements in conformity with GAAP, management makes estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the financial statements and the disclosures provided, and future results could differ. The allowance for loan losses, mortgage servicing rights, deferred tax assets, other intangible assets, stock-based compensation, impairment of securities and fair value of financial instruments are particularly subject to change and the effect of such change could be material to the financial statements. | |
Reclassifications: Certain reclassifications have been made in the prior period’s financial statements to conform them to the current period’s presentation. | |
These unaudited consolidated financial statements should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2013, as filed with the Securities and Exchange Commission. |
Earnings_Per_Share_Notes
Earnings Per Share (Notes) | 3 Months Ended | |||||||
Mar. 31, 2014 | ||||||||
Earnings Per Share [Abstract] | ' | |||||||
Loss per Share | ' | |||||||
Amounts reported in earnings per share reflect earnings available to common stockholders for the period divided by the weighted average number of shares of common stock outstanding during the period, exclusive of unearned ESOP shares and unvested restricted stock shares. Stock options and restricted stock are regarded as potential common stock and are considered in the diluted earnings per share calculations to the extent that they would have a dilutive effect if converted to common stock. | ||||||||
For the Three Months Ended March 31, | ||||||||
2014 | 2013 | |||||||
Net income available to common stockholders | $ | 942 | $ | 678 | ||||
Average common shares outstanding | 21,101,966 | 21,072,966 | ||||||
Less: | ||||||||
Unearned ESOP shares | (977,561 | ) | (1,108,938 | ) | ||||
Unvested restricted stock shares | (25,750 | ) | — | |||||
Weighted average common shares outstanding | 20,098,655 | 19,964,028 | ||||||
Add - Net effect of dilutive stock options and unvested restricted stock | 12,045 | — | ||||||
Diluted weighted average common shares outstanding | 20,110,700 | 19,964,028 | ||||||
Basic earnings per common share | $ | 0.05 | $ | 0.03 | ||||
Diluted earnings per common share | $ | 0.05 | $ | 0.03 | ||||
Securities_Notes
Securities (Notes) | 3 Months Ended | |||||||||||||||||||||||
Mar. 31, 2014 | ||||||||||||||||||||||||
Investments, Debt and Equity Securities [Abstract] | ' | |||||||||||||||||||||||
SECURITIES | ' | |||||||||||||||||||||||
he fair value of securities and the related gross unrealized gains and losses recognized in accumulated other comprehensive income are shown below. | ||||||||||||||||||||||||
Amortized | Gross | Gross | Fair Value | |||||||||||||||||||||
Cost | Unrealized | Unrealized | ||||||||||||||||||||||
Gains | Losses | |||||||||||||||||||||||
March 31, 2014 | ||||||||||||||||||||||||
Certificates of deposit | $ | 75,621 | $ | — | $ | — | $ | 75,621 | ||||||||||||||||
Municipal securities | 180 | 5 | — | 185 | ||||||||||||||||||||
Equity mutual fund | 500 | — | — | 500 | ||||||||||||||||||||
Mortgage-backed securities - residential | 26,017 | 1,291 | (127 | ) | 27,181 | |||||||||||||||||||
Collateralized mortgage obligations - residential | 12,486 | 39 | (69 | ) | 12,456 | |||||||||||||||||||
SBA-guaranteed loan participation certificates | 34 | — | — | 34 | ||||||||||||||||||||
$ | 114,838 | $ | 1,335 | $ | (196 | ) | $ | 115,977 | ||||||||||||||||
December 31, 2013 | ||||||||||||||||||||||||
Certificates of deposit | $ | 65,010 | $ | — | $ | — | $ | 65,010 | ||||||||||||||||
Municipal securities | 180 | 7 | — | 187 | ||||||||||||||||||||
Equity mutual fund | 500 | — | (3 | ) | 497 | |||||||||||||||||||
Mortgage-backed securities - residential | 27,229 | 1,295 | (160 | ) | 28,364 | |||||||||||||||||||
Collateralized mortgage obligations - residential | 16,851 | 35 | (72 | ) | 16,814 | |||||||||||||||||||
SBA-guaranteed loan participation certificates | 35 | — | — | 35 | ||||||||||||||||||||
$ | 109,805 | $ | 1,337 | $ | (235 | ) | $ | 110,907 | ||||||||||||||||
Mortgage-backed securities and collateralized mortgage obligations reflected in the preceding table were issued by U.S. government-sponsored entities or agencies, Freddie Mac, Fannie Mae and Ginnie Mae, and are obligations which the government has affirmed its commitment to support. All securities reflected in the preceding table were classified as available-for-sale at March 31, 2014 and December 31, 2013. | ||||||||||||||||||||||||
The amortized cost and fair values of securities by contractual maturity are shown below. Securities not due at a single maturity date are shown separately. Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. | ||||||||||||||||||||||||
March 31, 2014 | ||||||||||||||||||||||||
Amortized | Fair | |||||||||||||||||||||||
Cost | Value | |||||||||||||||||||||||
Due in one year or less | $ | 75,801 | $ | 75,806 | ||||||||||||||||||||
Equity mutual fund | 500 | 500 | ||||||||||||||||||||||
Mortgage-backed securities - residential | 26,017 | 27,181 | ||||||||||||||||||||||
Collateralized mortgage obligations - residential | 12,486 | 12,456 | ||||||||||||||||||||||
SBA-guaranteed loan participation certificates | 34 | 34 | ||||||||||||||||||||||
$ | 114,838 | $ | 115,977 | |||||||||||||||||||||
Sales of securities were as follows: | ||||||||||||||||||||||||
For the Three Months Ended March 31, | ||||||||||||||||||||||||
2014 | 2013 | |||||||||||||||||||||||
Proceeds | $ | 3,663 | $ | — | ||||||||||||||||||||
Gross gains | — | — | ||||||||||||||||||||||
Gross losses | 7 | — | ||||||||||||||||||||||
Securities with unrealized losses not recognized in income are as follows: | ||||||||||||||||||||||||
Less than 12 Months | 12 Months or More | Total | ||||||||||||||||||||||
Fair | Unrealized | Fair | Unrealized | Fair | Unrealized | |||||||||||||||||||
Value | Loss | Value | Loss | Value | Loss | |||||||||||||||||||
March 31, 2014 | ||||||||||||||||||||||||
Mortgage-backed securities - residential | $ | 2,569 | $ | (127 | ) | $ | — | $ | — | $ | 2,569 | $ | (127 | ) | ||||||||||
Collateralized mortgage obligations - residential | 10,313 | (69 | ) | — | — | 10,313 | (69 | ) | ||||||||||||||||
$ | 12,882 | $ | (196 | ) | $ | — | $ | — | $ | 12,882 | $ | (196 | ) | |||||||||||
December 31, 2013 | ||||||||||||||||||||||||
Equity mutual fund | $ | 497 | $ | (3 | ) | $ | — | $ | — | $ | 497 | $ | (3 | ) | ||||||||||
Mortgage-backed securities - residential | 2,806 | (160 | ) | — | — | 2,806 | (160 | ) | ||||||||||||||||
Collateralized mortgage obligations - residential | 11,233 | (72 | ) | — | — | 11,233 | (72 | ) | ||||||||||||||||
$ | 14,536 | $ | (235 | ) | $ | — | $ | — | $ | 14,536 | $ | (235 | ) | |||||||||||
The Company evaluates marketable investment securities with significant declines in fair value on a quarterly basis to determine whether they should be considered other-than-temporarily impaired under current accounting guidance, which generally provides that if a marketable security is in an unrealized loss position, whether due to general market conditions or industry or issuer-specific factors, the holder of the securities must assess whether the impairment is other-than-temporary. | ||||||||||||||||||||||||
Certain residential mortgage-backed securities and a collateralized mortgage obligation that the Company holds in its investment portfolio were in an unrealized loss position at March 31, 2014, but the unrealized losses were not considered significant under the Company’s impairment testing methodology. In addition, the Company does not intend to sell these securities, and it is likely that the Company will not be required to sell these securities before their anticipated recovery occurs. |
Loans_Receivable_Notes
Loans Receivable (Notes) | 3 Months Ended | |||||||||||||||||||||||||||||||
Mar. 31, 2014 | ||||||||||||||||||||||||||||||||
Receivables [Abstract] | ' | |||||||||||||||||||||||||||||||
Loans Receivable | ' | |||||||||||||||||||||||||||||||
Loans receivable are as follows: | ||||||||||||||||||||||||||||||||
March 31, 2014 | December 31, 2013 | |||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 197,831 | $ | 201,382 | ||||||||||||||||||||||||||||
Multi-family mortgage | 416,356 | 396,058 | ||||||||||||||||||||||||||||||
Nonresidential real estate | 251,873 | 263,567 | ||||||||||||||||||||||||||||||
Construction and land | 3,396 | 6,570 | ||||||||||||||||||||||||||||||
Commercial loans | 53,661 | 54,255 | ||||||||||||||||||||||||||||||
Commercial leases | 185,474 | 187,112 | ||||||||||||||||||||||||||||||
Consumer | 2,476 | 2,317 | ||||||||||||||||||||||||||||||
1,111,067 | 1,111,261 | |||||||||||||||||||||||||||||||
Net deferred loan origination costs | 1,002 | 970 | ||||||||||||||||||||||||||||||
Allowance for loan losses | (14,181 | ) | (14,154 | ) | ||||||||||||||||||||||||||||
Loans, net | $ | 1,097,888 | $ | 1,098,077 | ||||||||||||||||||||||||||||
The following tables present the balance in the allowance for loan losses and the loans receivable by portfolio segment and based on impairment method: | ||||||||||||||||||||||||||||||||
Allowance for loan losses | Loan Balances | |||||||||||||||||||||||||||||||
Individually | Purchased impaired loans | Collectively | Total | Individually | Purchased | Collectively | Total | |||||||||||||||||||||||||
evaluated for | evaluated for | evaluated for | impaired | evaluated for | ||||||||||||||||||||||||||||
impairment | impairment | impairment | loans | impairment | ||||||||||||||||||||||||||||
March 31, 2014 | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 20 | $ | 5 | $ | 3,508 | $ | 3,533 | $ | 3,918 | $ | 101 | $ | 193,812 | $ | 197,831 | ||||||||||||||||
Multi-family mortgage | 195 | — | 4,515 | 4,710 | 6,937 | — | 409,419 | 416,356 | ||||||||||||||||||||||||
Nonresidential real estate | 257 | — | 3,715 | 3,972 | 9,758 | 153 | 241,962 | 251,873 | ||||||||||||||||||||||||
Construction and land | 12 | — | 244 | 256 | 270 | — | 3,126 | 3,396 | ||||||||||||||||||||||||
Commercial loans | — | — | 669 | 669 | — | 23 | 53,638 | 53,661 | ||||||||||||||||||||||||
Commercial leases | — | — | 942 | 942 | 8 | — | 185,466 | 185,474 | ||||||||||||||||||||||||
Consumer | — | — | 99 | 99 | 77 | — | 2,399 | 2,476 | ||||||||||||||||||||||||
$ | 484 | $ | 5 | $ | 13,692 | $ | 14,181 | $ | 20,968 | $ | 277 | $ | 1,089,822 | 1,111,067 | ||||||||||||||||||
Net deferred loan origination costs | 1,002 | |||||||||||||||||||||||||||||||
Allowance for loan losses | (14,181 | ) | ||||||||||||||||||||||||||||||
Loans, net | $ | 1,097,888 | ||||||||||||||||||||||||||||||
Allowance for loan losses | Loan Balances | |||||||||||||||||||||||||||||||
Individually | Purchased impaired loans | Collectively | Total | Individually | Purchased | Collectively | Total | |||||||||||||||||||||||||
evaluated for | evaluated for | evaluated for | impaired | evaluated for | ||||||||||||||||||||||||||||
impairment | impairment | impairment | loans | impairment | ||||||||||||||||||||||||||||
December 31, 2013 | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 26 | $ | 5 | $ | 3,817 | $ | 3,848 | $ | 3,692 | $ | 100 | $ | 197,590 | $ | 201,382 | ||||||||||||||||
Multi-family mortgage | 255 | — | 4,189 | 4,444 | 7,031 | — | 389,027 | 396,058 | ||||||||||||||||||||||||
Nonresidential real estate | 77 | — | 3,658 | 3,735 | 4,381 | 1,633 | 257,553 | 263,567 | ||||||||||||||||||||||||
Construction and land | 12 | — | 381 | 393 | 383 | — | 6,187 | 6,570 | ||||||||||||||||||||||||
Commercial loans | — | — | 731 | 731 | — | 23 | 54,232 | 54,255 | ||||||||||||||||||||||||
Commercial leases | — | — | 946 | 946 | — | — | 187,112 | 187,112 | ||||||||||||||||||||||||
Consumer | — | — | 57 | 57 | 77 | — | 2,240 | 2,317 | ||||||||||||||||||||||||
$ | 370 | $ | 5 | $ | 13,779 | $ | 14,154 | $ | 15,564 | $ | 1,756 | $ | 1,093,941 | 1,111,261 | ||||||||||||||||||
Net deferred loan origination costs | 970 | |||||||||||||||||||||||||||||||
Allowance for loan losses | (14,154 | ) | ||||||||||||||||||||||||||||||
Loans, net | $ | 1,098,077 | ||||||||||||||||||||||||||||||
Activity in the allowance for loan losses is as follows: | ||||||||||||||||||||||||||||||||
Three Months Ended March 31, | ||||||||||||||||||||||||||||||||
2014 | 2013 | |||||||||||||||||||||||||||||||
Beginning balance | $ | 14,154 | $ | 18,035 | ||||||||||||||||||||||||||||
Loans charged offs: | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | (56 | ) | (369 | ) | ||||||||||||||||||||||||||||
Multi-family mortgage | (90 | ) | (236 | ) | ||||||||||||||||||||||||||||
Nonresidential real estate | (580 | ) | (79 | ) | ||||||||||||||||||||||||||||
Construction and land | — | (927 | ) | |||||||||||||||||||||||||||||
Commercial loans | (22 | ) | (19 | ) | ||||||||||||||||||||||||||||
Commercial leases | — | — | ||||||||||||||||||||||||||||||
Consumer | (6 | ) | — | |||||||||||||||||||||||||||||
(754 | ) | (1,630 | ) | |||||||||||||||||||||||||||||
Recoveries: | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | 11 | 242 | ||||||||||||||||||||||||||||||
Multi-family mortgage | 14 | 57 | ||||||||||||||||||||||||||||||
Nonresidential real estate | 20 | 19 | ||||||||||||||||||||||||||||||
Construction and land | 250 | 2 | ||||||||||||||||||||||||||||||
Commercial loans | 8 | 5 | ||||||||||||||||||||||||||||||
Consumer | 2 | 1 | ||||||||||||||||||||||||||||||
305 | 326 | |||||||||||||||||||||||||||||||
Net charge-off | (449 | ) | (1,304 | ) | ||||||||||||||||||||||||||||
Provision for loan losses | 476 | 722 | ||||||||||||||||||||||||||||||
Ending balance | $ | 14,181 | $ | 17,453 | ||||||||||||||||||||||||||||
The following tables present loans individually evaluated for impairment by class of loans, excluding purchased impaired loans: | ||||||||||||||||||||||||||||||||
For the Three Months Ended March 31, 2014 | ||||||||||||||||||||||||||||||||
Loan | Recorded | Partial Charge-off | Allowance | Average | Interest | |||||||||||||||||||||||||||
Balance | Investment | for Loan | Investment | Income | ||||||||||||||||||||||||||||
Losses | in Impaired | Recognized | ||||||||||||||||||||||||||||||
Allocated | Loans | |||||||||||||||||||||||||||||||
March 31, 2014 | ||||||||||||||||||||||||||||||||
With no related allowance recorded: | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 4,243 | $ | 2,865 | $ | 1,356 | $ | — | $ | 2,598 | $ | 4 | ||||||||||||||||||||
One-to-four family residential real estate - non-owner occupied | 835 | 776 | 43 | — | 788 | — | ||||||||||||||||||||||||||
Multi-family mortgage | 5,294 | 4,297 | 4 | — | 4,281 | 10 | ||||||||||||||||||||||||||
Wholesale commercial lending | 524 | 524 | — | — | 131 | 8 | ||||||||||||||||||||||||||
Nonresidential real estate | 8,963 | 7,954 | 394 | — | 4,385 | 16 | ||||||||||||||||||||||||||
Land | 160 | 150 | 8 | — | 178 | — | ||||||||||||||||||||||||||
Commercial loans - secured | 77 | 77 | — | — | 77 | 1 | ||||||||||||||||||||||||||
Non-rated commercial leases | 8 | 8 | — | — | 2 | — | ||||||||||||||||||||||||||
20,104 | 16,651 | 1,805 | — | 12,440 | 39 | |||||||||||||||||||||||||||
With an allowance recorded: | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate - non-owner occupied | 383 | 267 | 127 | 20 | 343 | — | ||||||||||||||||||||||||||
Multi-family mortgage | 2,586 | 2,093 | 470 | 195 | 2,256 | 9 | ||||||||||||||||||||||||||
Nonresidential real estate | 2,425 | 1,752 | 641 | 257 | 1,007 | 16 | ||||||||||||||||||||||||||
Land | 180 | 119 | 60 | 12 | 119 | — | ||||||||||||||||||||||||||
5,574 | 4,231 | 1,298 | 484 | 3,725 | 25 | |||||||||||||||||||||||||||
Total | $ | 25,678 | $ | 20,882 | $ | 3,103 | $ | 484 | $ | 16,165 | $ | 64 | ||||||||||||||||||||
Loan | Recorded | Partial Charge-off | Allowance | Average | Interest | |||||||||||||||||||||||||||
Balance | Investment | for Loan | Investment | Income | ||||||||||||||||||||||||||||
Losses | in Impaired | Recognized | ||||||||||||||||||||||||||||||
Allocated | Loans | |||||||||||||||||||||||||||||||
December 31, 2013 | ||||||||||||||||||||||||||||||||
With no related allowance recorded: | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 3,656 | $ | 2,540 | $ | 1,102 | $ | — | $ | 3,693 | $ | 20 | ||||||||||||||||||||
One-to-four family residential real estate - non-owner occupied | 875 | 706 | 137 | — | 591 | — | ||||||||||||||||||||||||||
Multi-family mortgage | 5,466 | 4,449 | 4 | — | 6,098 | 27 | ||||||||||||||||||||||||||
Wholesale commercial lending | — | — | — | — | 306 | — | ||||||||||||||||||||||||||
Nonresidential real estate | 4,062 | 3,313 | 253 | — | 4,054 | 33 | ||||||||||||||||||||||||||
Land | 274 | 263 | 8 | — | 169 | — | ||||||||||||||||||||||||||
Commercial loans - secured | 77 | 77 | — | — | 83 | — | ||||||||||||||||||||||||||
14,410 | 11,348 | 1,504 | — | 14,994 | 80 | |||||||||||||||||||||||||||
With an allowance recorded: | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate - non-owner occupied | 490 | 438 | 38 | 26 | 393 | 2 | ||||||||||||||||||||||||||
Multi-family mortgage | 3,144 | 2,541 | 573 | 255 | 2,998 | 125 | ||||||||||||||||||||||||||
Nonresidential real estate | 1,343 | 1,048 | 255 | 77 | 2,148 | 15 | ||||||||||||||||||||||||||
Land | 180 | 119 | 60 | 12 | 1,265 | — | ||||||||||||||||||||||||||
5,157 | 4,146 | 926 | 370 | 6,804 | 142 | |||||||||||||||||||||||||||
Total | $ | 19,567 | $ | 15,494 | $ | 2,430 | $ | 370 | $ | 21,798 | $ | 222 | ||||||||||||||||||||
Purchased Impaired Loans | ||||||||||||||||||||||||||||||||
As a result of its acquisition of Downers Grove National Bank, the Company holds purchased loans for which there was evidence of deterioration of credit quality since origination and for which it was probable that all contractually required payments would not be collected as of the date of the acquisition. The carrying amounts of these purchased impaired loans are as follows: | ||||||||||||||||||||||||||||||||
March 31, 2014 | December 31, 2013 | |||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 101 | $ | 100 | ||||||||||||||||||||||||||||
Nonresidential real estate | 153 | 1,633 | ||||||||||||||||||||||||||||||
Commercial loans | 23 | 23 | ||||||||||||||||||||||||||||||
Outstanding balance | $ | 277 | $ | 1,756 | ||||||||||||||||||||||||||||
Carrying amount, net of allowance ($5 at March 31, 2014 and December 31, 2013) | $ | 272 | $ | 1,751 | ||||||||||||||||||||||||||||
Accretable yield, or income expected to be collected, related to purchased impaired loans are as follows: | ||||||||||||||||||||||||||||||||
Three Months Ended March 31, | ||||||||||||||||||||||||||||||||
2014 | 2013 | |||||||||||||||||||||||||||||||
Beginning balance | $ | 37 | $ | 196 | ||||||||||||||||||||||||||||
Reclassifications from nonaccretable difference | (2 | ) | — | |||||||||||||||||||||||||||||
Accretion of income | 18 | 50 | ||||||||||||||||||||||||||||||
Ending balance | $ | 17 | $ | 146 | ||||||||||||||||||||||||||||
For the above purchased impaired loans, there was no change to the allowance for loan losses for the three months ended March 31, 2014. For the above purchased impaired loans, the allowance for loan losses was decreased by $9,000 for the three months ended March 31, 2013. | ||||||||||||||||||||||||||||||||
Purchased impaired loans for which it was probable at the date of acquisition that all contractually required payments would not be collected are as follows: | ||||||||||||||||||||||||||||||||
March 31, 2014 | December 31, 2013 | |||||||||||||||||||||||||||||||
Contractually required payments receivable of loans purchased: | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 832 | $ | 832 | ||||||||||||||||||||||||||||
Nonresidential real estate | 203 | 1,999 | ||||||||||||||||||||||||||||||
Commercial loans | 222 | 222 | ||||||||||||||||||||||||||||||
$ | 1,257 | $ | 3,053 | |||||||||||||||||||||||||||||
At acquisition, cash flows expected to be collected were $18.8 million, compared to the fair value of purchased impaired loans of $15.4 million. | ||||||||||||||||||||||||||||||||
Nonaccrual loans | ||||||||||||||||||||||||||||||||
The following tables present the recorded investment in nonaccrual loans and loans past due over 90 days still on accrual by class of loans, excluding purchased impaired loans: | ||||||||||||||||||||||||||||||||
Loan Balance | Recorded | Loans Past | ||||||||||||||||||||||||||||||
Investment | Due Over 90 | |||||||||||||||||||||||||||||||
Days, Still | ||||||||||||||||||||||||||||||||
Accruing | ||||||||||||||||||||||||||||||||
March 31, 2014 | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 3,989 | $ | 3,965 | $ | — | ||||||||||||||||||||||||||
One-to-four family residential real estate – non owner occupied | 1,047 | 1,043 | — | |||||||||||||||||||||||||||||
Multi-family mortgage | 7,625 | 6,617 | — | |||||||||||||||||||||||||||||
Nonresidential real estate | 9,281 | 8,715 | — | |||||||||||||||||||||||||||||
Land | 273 | 269 | — | |||||||||||||||||||||||||||||
Commercial loans – secured | 77 | 77 | — | |||||||||||||||||||||||||||||
Non-rated commercial leases | 8 | 8 | — | |||||||||||||||||||||||||||||
$ | 22,300 | $ | 20,694 | $ | — | |||||||||||||||||||||||||||
December 31, 2013 | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 3,516 | $ | 3,498 | $ | — | ||||||||||||||||||||||||||
One-to-four family residential real estate – non owner occupied | 1,190 | 1,143 | — | |||||||||||||||||||||||||||||
Multi-family mortgage | 8,142 | 7,098 | 228 | |||||||||||||||||||||||||||||
Nonresidential real estate | 4,748 | 4,214 | — | |||||||||||||||||||||||||||||
Land | 387 | 382 | — | |||||||||||||||||||||||||||||
Commercial loans – secured | 77 | 77 | — | |||||||||||||||||||||||||||||
Consumer | 12 | 12 | — | |||||||||||||||||||||||||||||
$ | 18,072 | $ | 16,424 | $ | 228 | |||||||||||||||||||||||||||
Nonaccrual loans and impaired loans are defined differently. Some loans may be included in both categories, and some may only be included in one category. Nonaccrual loans include both smaller balance homogeneous loans that are collectively evaluated for impairment and individually classified impaired loans. | ||||||||||||||||||||||||||||||||
The Company’s reserve for uncollected loan interest was $1.4 million and $1.3 million at March 31, 2014 and December 31, 2013, respectively. Except for purchased impaired loans, when a loan is on non-accrual status and the ultimate collectability of the total principal of an impaired loan is in doubt, all payments are applied to principal under the cost recovery method. Alternatively, when a loan is on non-accrual status but there is doubt concerning only the ultimate collectability of interest, contractual interest is credited to interest income only when received, under the cash basis method pursuant to the provisions of FASB ASC 310–10, as applicable. In all cases, the average balances are calculated based on the month–end balances of the financing receivables within the period reported pursuant to the provisions of FASB ASC 310–10, as applicable. | ||||||||||||||||||||||||||||||||
Past Due Loans | ||||||||||||||||||||||||||||||||
The following tables present the aging of the recorded investment of loans at March 31, 2014 by class of loans: | ||||||||||||||||||||||||||||||||
30-59 Days | 60-89 Days | 90 Days or | Total Past | Loans Not | Total | |||||||||||||||||||||||||||
Past Due | Past Due | Greater | Due | Past Due | ||||||||||||||||||||||||||||
Past Due | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 598 | $ | 1,295 | $ | 3,351 | $ | 5,244 | $ | 138,288 | $ | 143,532 | ||||||||||||||||||||
One-to-four family residential real estate - non-owner occupied | 143 | — | 1,002 | 1,145 | 52,521 | 53,666 | ||||||||||||||||||||||||||
Multi-family mortgage | 3,748 | 547 | 5,235 | 9,530 | 318,791 | 328,321 | ||||||||||||||||||||||||||
Wholesale commercial lending | — | — | — | — | 85,942 | 85,942 | ||||||||||||||||||||||||||
Nonresidential real estate | 1,177 | 1,842 | 7,821 | 10,840 | 238,840 | 249,680 | ||||||||||||||||||||||||||
Construction | — | — | — | — | 93 | 93 | ||||||||||||||||||||||||||
Land | — | — | 269 | 269 | 3,002 | 3,271 | ||||||||||||||||||||||||||
Commercial loans: | ||||||||||||||||||||||||||||||||
Secured | 85 | — | — | 85 | 11,916 | 12,001 | ||||||||||||||||||||||||||
Unsecured | 18 | — | — | 18 | 3,360 | 3,378 | ||||||||||||||||||||||||||
Municipal | — | — | — | — | 2,531 | 2,531 | ||||||||||||||||||||||||||
Warehouse lines | 22 | — | — | 22 | 8,276 | 8,298 | ||||||||||||||||||||||||||
Health care | — | — | — | — | 17,470 | 17,470 | ||||||||||||||||||||||||||
Aviation | — | — | — | — | 1,090 | 1,090 | ||||||||||||||||||||||||||
Other | — | — | — | — | 9,024 | 9,024 | ||||||||||||||||||||||||||
Commercial leases: | ||||||||||||||||||||||||||||||||
Investment rated commercial leases | 249 | — | — | 249 | 147,115 | 147,364 | ||||||||||||||||||||||||||
Below investment grade | 153 | — | 8 | 161 | 12,979 | 13,140 | ||||||||||||||||||||||||||
Non-rated | 18 | — | — | 18 | 23,616 | 23,634 | ||||||||||||||||||||||||||
Lease pools | — | — | — | — | 2,430 | 2,430 | ||||||||||||||||||||||||||
Consumer | 3 | — | — | 3 | 2,482 | 2,485 | ||||||||||||||||||||||||||
$ | 6,214 | $ | 3,684 | $ | 17,686 | $ | 27,584 | $ | 1,079,766 | $ | 1,107,350 | |||||||||||||||||||||
30-59 Days | 60-89 Days | 90 Days or | Total Past | Loans Not | Total | |||||||||||||||||||||||||||
Past Due | Past Due | Greater | Due | Past Due | ||||||||||||||||||||||||||||
Past Due | ||||||||||||||||||||||||||||||||
Purchased impaired loans | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate - non-owner occupied | $ | — | $ | — | $ | 101 | $ | 101 | $ | — | $ | 101 | ||||||||||||||||||||
Nonresidential real estate | — | — | 153 | 153 | — | 153 | ||||||||||||||||||||||||||
Commercial – secured | — | — | 23 | 23 | — | 23 | ||||||||||||||||||||||||||
$ | — | $ | — | $ | 277 | $ | 277 | $ | — | $ | 277 | |||||||||||||||||||||
The following tables present the aging of the recorded investment of loans at December 31, 2013 by class of loans: | ||||||||||||||||||||||||||||||||
30-59 Days | 60-89 Days | 90 Days or | Total Past | Loans Not | Total | |||||||||||||||||||||||||||
Past Due | Past Due | Greater | Due | Past Due | ||||||||||||||||||||||||||||
Past Due | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 751 | $ | 424 | $ | 2,876 | $ | 4,051 | $ | 142,058 | $ | 146,109 | ||||||||||||||||||||
One-to-four family residential real estate - non-owner occupied | 905 | — | 960 | 1,865 | 52,676 | 54,541 | ||||||||||||||||||||||||||
Multi-family mortgage | 2,193 | 1,716 | 6,354 | 10,263 | 303,903 | 314,166 | ||||||||||||||||||||||||||
Wholesale commercial lending | — | — | — | — | 78,531 | 78,531 | ||||||||||||||||||||||||||
Nonresidential real estate | 4,432 | 1,363 | 3,969 | 9,764 | 249,194 | 258,958 | ||||||||||||||||||||||||||
Construction | — | 2,486 | 2,486 | |||||||||||||||||||||||||||||
Land | — | — | 382 | 382 | 3,684 | 4,066 | ||||||||||||||||||||||||||
Commercial loans: | ||||||||||||||||||||||||||||||||
Secured | 9 | — | — | 9 | 15,971 | 15,980 | ||||||||||||||||||||||||||
Unsecured | 25 | — | — | 25 | 4,117 | 4,142 | ||||||||||||||||||||||||||
Municipal | — | — | — | — | 2,849 | 2,849 | ||||||||||||||||||||||||||
Warehouse lines | — | — | — | — | 1,927 | 1,927 | ||||||||||||||||||||||||||
Health care | — | — | — | — | 19,381 | 19,381 | ||||||||||||||||||||||||||
Aviation | — | — | — | — | 1,102 | 1,102 | ||||||||||||||||||||||||||
Other | — | — | — | — | 9,006 | 9,006 | ||||||||||||||||||||||||||
Commercial leases: | ||||||||||||||||||||||||||||||||
Investment rated commercial leases | — | — | — | — | 147,374 | 147,374 | ||||||||||||||||||||||||||
Below investment grade | 8 | — | — | 8 | 14,739 | 14,747 | ||||||||||||||||||||||||||
Non-rated | — | — | — | — | 23,175 | 23,175 | ||||||||||||||||||||||||||
Lease pools | — | — | — | — | 3,011 | 3,011 | ||||||||||||||||||||||||||
Consumer | 3 | 4 | 4 | 11 | 2,317 | 2,328 | ||||||||||||||||||||||||||
$ | 8,326 | $ | 3,507 | $ | 14,545 | $ | 26,378 | $ | 1,077,501 | $ | 1,103,879 | |||||||||||||||||||||
30-59 Days | 60-89 Days | 90 Days or | Total Past | Loans Not | Total | |||||||||||||||||||||||||||
Past Due | Past Due | Greater | Due | Past Due | ||||||||||||||||||||||||||||
Past Due | ||||||||||||||||||||||||||||||||
Purchased impaired loans | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate - non-owner occupied | $ | — | $ | — | $ | 100 | $ | 100 | $ | — | $ | 100 | ||||||||||||||||||||
Nonresidential real estate | — | — | 1,631 | 1,631 | — | 1,631 | ||||||||||||||||||||||||||
Commercial loans – secured | — | — | 23 | 23 | — | 23 | ||||||||||||||||||||||||||
$ | — | $ | — | $ | 1,754 | $ | 1,754 | $ | — | $ | 1,754 | |||||||||||||||||||||
Troubled Debt Restructurings | ||||||||||||||||||||||||||||||||
The Company evaluates loan extensions or modifications in accordance with FASB ASC 310–40 with respect to the classification of the loan as a TDR. In general, if the Company grants a loan extension or modification to a borrower for other than an insignificant period of time that includes a below–market interest rate, principal forgiveness, payment forbearance or other concession intended to minimize the economic loss to the Company, the loan extension or loan modification is classified as a TDR. In cases where borrowers are granted new terms that provide for a reduction of either interest or principal then due and payable, management measures any impairment on the restructured loan in the same manner as for impaired loans as noted above. | ||||||||||||||||||||||||||||||||
The Company had $3.4 million of TDRs at March 31, 2014, compared to $3.3 million at December 31, 2013, with $53,000 in specific valuation reserves allocated to those loans at March 31, 2014 and December 31, 2013. The Company had no outstanding commitments to borrowers whose loans were classified as TDRs at either date. | ||||||||||||||||||||||||||||||||
The following table presents loans classified as TDRs: | ||||||||||||||||||||||||||||||||
March 31, 2014 | December 31, 2013 | |||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 2,108 | $ | 2,093 | ||||||||||||||||||||||||||||
Multi-family mortgage | 522 | 518 | ||||||||||||||||||||||||||||||
Troubled debt restructured loans – accrual loans | 2,630 | 2,611 | ||||||||||||||||||||||||||||||
One-to-four family residential real estate | 384 | 342 | ||||||||||||||||||||||||||||||
Multi-family mortgage | 384 | 384 | ||||||||||||||||||||||||||||||
Troubled debt restructured loans – nonaccrual loans | 768 | 726 | ||||||||||||||||||||||||||||||
Total troubled debt restructured loans | $ | 3,398 | $ | 3,337 | ||||||||||||||||||||||||||||
Periodically, the Company will restructure a note into two separate notes (A/B structure), charging off the entire B portion of the note. The A note is structured with appropriate loan-to-value and cash flow coverage ratios that provide for a high likelihood of repayment. The A note is classified as a non-performing note until the borrower has displayed a historical payment performance for a reasonable time prior to and subsequent to the restructuring. A period of sustained repayment for at least six months generally is required to return the A note to accrual status provided that management has determined that the performance is reasonably expected to continue. The A note will be classified as a restructured note (either performing or nonperforming) through the calendar year of the restructuring that the historical payment performance has been established. These notes will be no longer included in the above tables as a TDR in the subsequent calendar year. | ||||||||||||||||||||||||||||||||
During the three months ending March 31, 2014 and 2013, the terms of certain loans were modified and classified as TDRs. The modification of the terms of such loans included one or a combination of the following: a reduction of the stated interest rate of the loan; an extension of the maturity date at a stated rate of interest lower than the current market rate for new debt with similar risk; or a permanent reduction of the recorded investment in the loan. | ||||||||||||||||||||||||||||||||
The following tables present TDR activity: | ||||||||||||||||||||||||||||||||
Three Months Ended March 31, | ||||||||||||||||||||||||||||||||
2014 | 2013 | |||||||||||||||||||||||||||||||
Number | Pre- | Post- | Number | Pre- | Post- | |||||||||||||||||||||||||||
of loans | Modification | Modification | of loans | Modification | Modification | |||||||||||||||||||||||||||
outstanding | outstanding | outstanding | outstanding | |||||||||||||||||||||||||||||
recorded | recorded | recorded | recorded | |||||||||||||||||||||||||||||
investment | investment | investment | investment | |||||||||||||||||||||||||||||
One-to-four family residential real estate | 2 | $ | 121 | $ | 80 | 1 | $ | 384 | $ | 384 | ||||||||||||||||||||||
Due to | Due to | Due to | Total | |||||||||||||||||||||||||||||
reduction in | extension of | permanent | ||||||||||||||||||||||||||||||
interest rate | maturity date | reduction in | ||||||||||||||||||||||||||||||
recorded | ||||||||||||||||||||||||||||||||
investment | ||||||||||||||||||||||||||||||||
For the Three Months Ended March 31, 2014 | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | — | $ | 28 | $ | 52 | $ | 80 | ||||||||||||||||||||||||
Due to | Due to | Due to | Total | |||||||||||||||||||||||||||||
reduction in | extension of | permanent | ||||||||||||||||||||||||||||||
interest rate | maturity date | reduction in | ||||||||||||||||||||||||||||||
recorded | ||||||||||||||||||||||||||||||||
investment | ||||||||||||||||||||||||||||||||
For the Three Months Ended March 31, 2013 | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | — | $ | 384 | $ | — | $ | 384 | ||||||||||||||||||||||||
The TDRs described above had no material impact on interest income, resulted in no change to the allowance for loan losses allocated and resulted in charge-offs of $41,000 for the three months ended March 31, 2014. The TDRs had no impact on interest income, resulted in no change to the allowance for loan losses allocated and resulted in no charge-offs for the three months ended March 31, 2013. | ||||||||||||||||||||||||||||||||
There were no TDRs for which there was a payment default during the three months ended March 31, 2014 and 2013 within twelve months following the modification. | ||||||||||||||||||||||||||||||||
A loan is considered to be in payment default once it is 90 days contractually past due under the modified terms. | ||||||||||||||||||||||||||||||||
The terms of certain other loans were modified during the three months ending March 31, 2014 and 2013 that did not meet the definition of a TDR. These loans had a total recorded investment of $739,000 and $324,000 at March 31, 2014 and 2013, respectively. The modification of these loans involved either a modification of the terms of a loan to borrowers who were not experiencing financial difficulties or a delay in a payment that was considered to be insignificant. | ||||||||||||||||||||||||||||||||
In order to determine whether a borrower is experiencing financial difficulty, an evaluation is performed of the probability that the borrower will be in payment default on any of its debt in the foreseeable future without the modification. This evaluation is performed under the Company’s internal underwriting policy. | ||||||||||||||||||||||||||||||||
Credit Quality Indicators | ||||||||||||||||||||||||||||||||
The Company categorizes loans into risk categories based on relevant information about the ability of borrowers to service their debt, including current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. The Company analyzes loans individually by classifying the loans based on credit risk. This analysis includes non-homogeneous loans, such as commercial and commercial real estate loans. This analysis is performed on a monthly basis. The Company uses the following definitions for risk ratings: | ||||||||||||||||||||||||||||||||
Special Mention. A Special Mention asset has potential weaknesses that deserve management’s close attention. If left uncorrected, these potential weaknesses may result in deterioration of the repayment prospects for the asset or in the institution’s credit position at some future date. Special Mention assets are not adversely classified and do not expose an institution to sufficient risk to warrant adverse classification. | ||||||||||||||||||||||||||||||||
Substandard. Loans categorized as Substandard continue to accrue interest, but exhibit a well-defined weakness or weaknesses that may jeopardize the liquidation of the debt. The loans continue to accrue interest because they are well secured and collection of principal and interest is expected within a reasonable time. The risk rating guidance published by the Office of the Comptroller of the Currency clarifies that a loan with a well-defined weakness does not have to present a probability of default for the loan to be rated Substandard, and that an individual loan’s loss potential does not have to be distinct for the loan to be rated Substandard. | ||||||||||||||||||||||||||||||||
Nonaccrual. An asset classified Nonaccrual has all the weaknesses inherent in one classified Substandard/Performing with the added characteristic that the weaknesses make collection or liquidation in full, on the basis of currently existing facts, conditions, and values, highly questionable and improbable. The loans were placed on nonaccrual status. | ||||||||||||||||||||||||||||||||
Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered “Pass” rated loans. | ||||||||||||||||||||||||||||||||
As of March 31, 2014, based on the most recent analysis performed, the risk categories of loans by class of loans are as follows: | ||||||||||||||||||||||||||||||||
Pass | Special | Substandard | Nonaccrual | Total | ||||||||||||||||||||||||||||
Mention | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 136,175 | $ | 625 | $ | 3,003 | $ | 3,983 | $ | 143,786 | ||||||||||||||||||||||
One-to-four family residential real estate - non-owner occupied | 52,214 | — | 687 | 1,144 | 54,045 | |||||||||||||||||||||||||||
Multi-family mortgage | 314,560 | 4,550 | 4,739 | 6,412 | 330,261 | |||||||||||||||||||||||||||
Wholesale commercial lending | 84,928 | — | 1,167 | — | 86,095 | |||||||||||||||||||||||||||
Nonresidential real estate | 231,279 | 4,235 | 7,454 | 8,905 | 251,873 | |||||||||||||||||||||||||||
Construction | 89 | — | — | — | 89 | |||||||||||||||||||||||||||
Land | 2,800 | 128 | 109 | 270 | 3,307 | |||||||||||||||||||||||||||
Commercial loans: | ||||||||||||||||||||||||||||||||
Secured | 11,818 | — | 74 | 100 | 11,992 | |||||||||||||||||||||||||||
Unsecured | 2,437 | 60 | 878 | — | 3,375 | |||||||||||||||||||||||||||
Municipal | 2,515 | — | — | — | 2,515 | |||||||||||||||||||||||||||
Warehouse lines | 9,021 | — | — | — | 9,021 | |||||||||||||||||||||||||||
Health care | 17,425 | — | — | — | 17,425 | |||||||||||||||||||||||||||
Aviation | 1,089 | — | — | — | 1,089 | |||||||||||||||||||||||||||
Other | 8,244 | — | — | — | 8,244 | |||||||||||||||||||||||||||
Commercial leases: | ||||||||||||||||||||||||||||||||
Investment rated commercial leases | 146,500 | — | — | — | 146,500 | |||||||||||||||||||||||||||
Below investment grade | 13,055 | — | — | 8 | 13,063 | |||||||||||||||||||||||||||
Non-rated | 23,308 | — | 184 | — | 23,492 | |||||||||||||||||||||||||||
Lease pools | 2,419 | — | — | — | 2,419 | |||||||||||||||||||||||||||
Consumer | 2,475 | — | 1 | — | 2,476 | |||||||||||||||||||||||||||
Total | $ | 1,062,351 | $ | 9,598 | $ | 18,296 | $ | 20,822 | $ | 1,111,067 | ||||||||||||||||||||||
As of December 31, 2013, based on the most recent analysis performed, the risk categories of loans by class of loans are as follows: | ||||||||||||||||||||||||||||||||
Pass | Special | Substandard | Nonaccrual | Total | ||||||||||||||||||||||||||||
Mention | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 140,716 | $ | 269 | $ | 1,941 | $ | 3,508 | $ | 146,434 | ||||||||||||||||||||||
One-to-four family residential real estate - non-owner occupied | 53,010 | — | 693 | 1,245 | 54,948 | |||||||||||||||||||||||||||
Multi-family mortgage | 300,230 | 6,471 | 3,890 | 7,031 | 317,622 | |||||||||||||||||||||||||||
Wholesale commercial lending | 74,569 | 2,694 | 1,173 | — | 78,436 | |||||||||||||||||||||||||||
Nonresidential real estate | 237,751 | 6,306 | 13,645 | 5,865 | 263,567 | |||||||||||||||||||||||||||
Construction | 2,484 | — | — | — | 2,484 | |||||||||||||||||||||||||||
Land | 2,871 | — | 832 | 383 | 4,086 | |||||||||||||||||||||||||||
Commercial loans: | ||||||||||||||||||||||||||||||||
Secured | 15,824 | — | 78 | 100 | 16,002 | |||||||||||||||||||||||||||
Unsecured | 3,173 | 67 | 899 | — | 4,139 | |||||||||||||||||||||||||||
Municipal | 2,812 | — | — | — | 2,812 | |||||||||||||||||||||||||||
Warehouse lines | 1,904 | — | — | — | 1,904 | |||||||||||||||||||||||||||
Health care | 19,330 | — | — | — | 19,330 | |||||||||||||||||||||||||||
Aviation | 1,100 | — | — | — | 1,100 | |||||||||||||||||||||||||||
Other | 8,968 | — | — | — | 8,968 | |||||||||||||||||||||||||||
Commercial leases: | ||||||||||||||||||||||||||||||||
Investment rated commercial leases | 146,471 | — | — | — | 146,471 | |||||||||||||||||||||||||||
Below investment grade | 14,626 | — | — | — | 14,626 | |||||||||||||||||||||||||||
Non-rated | 22,805 | — | 210 | — | 23,015 | |||||||||||||||||||||||||||
Lease pools | 3,000 | — | — | — | 3,000 | |||||||||||||||||||||||||||
Consumer | 2,316 | — | 1 | — | 2,317 | |||||||||||||||||||||||||||
Total | $ | 1,053,960 | $ | 15,807 | $ | 23,362 | $ | 18,132 | $ | 1,111,261 | ||||||||||||||||||||||
Fair_Value_Notes
Fair Value (Notes) | 3 Months Ended | |||||||||||||||||||
Mar. 31, 2014 | ||||||||||||||||||||
Fair Value Disclosures [Abstract] | ' | |||||||||||||||||||
Fair Value | ' | |||||||||||||||||||
Fair value is the exchange price that would be received for an asset or paid to transfer a liability (exit price) in the principal or most advantageous market for the asset or liability in an orderly transaction between market participants on the measurement date. There are three levels of inputs that may be used to measure fair values: | ||||||||||||||||||||
• | Level 1 – Quoted prices (unadjusted) for identical assets or liabilities in active markets that the entity has the ability to access as of the measurement date. | |||||||||||||||||||
• | Level 2 – Significant other observable inputs other than Level 1 prices such as quoted prices for similar assets or liabilities; quoted prices in markets that are not active; or other inputs that are observable or can be corroborated by observable market data. | |||||||||||||||||||
• | Level 3 – Significant unobservable inputs that reflect a company’s own assumptions about the assumptions that market participants would use in pricing an asset or liability. | |||||||||||||||||||
The Company used the following methods and significant assumptions to estimate the fair value of each type of financial instrument: | ||||||||||||||||||||
Securities: The fair values of marketable equity securities are generally determined by quoted prices, in active markets, for each specific security (Level 1). If Level 1 measurement inputs are not available for a marketable equity security, we determine its fair value based on the quoted price of a similar security traded in an active market (Level 2). The fair values of debt securities are generally determined by matrix pricing, which is a mathematical technique widely used in the industry to value debt securities without relying exclusively on quoted prices for the specific securities, but rather by relying on the securities’ relationship to other benchmark quoted securities (Level 2). | ||||||||||||||||||||
Loans Held for Sale: Loans held for sale are carried at the lower of cost or fair value, which is evaluated on a pool-level basis. The fair value of loans held for sale is determined using quoted prices for similar assets, adjusted for specific attributes of that loan or other observable market data, such as outstanding commitments from third party investors (Level 2). | ||||||||||||||||||||
Impaired Loans: At the time a loan is considered impaired, management measures impairment in accordance with ASC Topic 310. The fair value of impaired loans is estimated using one of several methods, including collateral value, market value of similar debt, enterprise value, liquidation value and discounted cash flows. Impaired loans carried at fair value generally require a partial charge-off and a specific valuation allowance for loan losses. For collateral dependent loans, fair value is commonly based on recent real estate appraisals. These real estate appraisals may include up to three approaches to value: the sales comparison approach, the income approach (for income-producing property) and the cost approach. Adjustments are routinely made in the appraisal process by the independent appraisers to adjust for differences between the comparable sales and income data available, if applicable. Such adjustments may be significant and typically result in a Level 3 classification of the inputs for determining fair value. In addition, a discount is typically applied to account for sales and holding expenses. Non-real estate collateral may be valued using an appraisal, net book value per the borrower’s financial statements, or aging reports, adjusted or discounted based on management’s historical knowledge, changes in market conditions from the time of the valuation, and management’s expertise and knowledge of the client and client’s business, resulting in a Level 3 fair value classification. Impaired loans are evaluated on a quarterly basis for additional impairment and adjusted accordingly. The method utilized to estimate the fair value of loans does not necessarily represent an exit price. | ||||||||||||||||||||
Other Real Estate Owned: Assets acquired through foreclosure or transfers in lieu of foreclosure are initially recorded at fair value less costs to sell when acquired, establishing a new cost basis. These assets are subsequently accounted for at lower of cost or fair value less estimated costs to sell. Fair value is commonly based on recent real estate appraisals. Although the fair value of the property normally will be based on an appraisal (or other evaluation), the valuation should be consistent with the price that a market participant will pay to purchase the property at the measurement date. Circumstances may exist that indicate that the appraised value is not an accurate measurement of the property's current fair value. Examples of such circumstances include changed economic conditions since the last appraisal, stale appraisals, or imprecision and subjectivity in the appraisal process (i.e., actual sales for less than the appraised amount). Such adjustments are usually significant and typically result in a Level 3 classification of the inputs for determining fair value. | ||||||||||||||||||||
Mortgage Servicing Rights: On a quarterly basis, loan servicing rights are evaluated for impairment based upon the fair value of the rights as compared to carrying amount. The fair values of mortgage servicing rights are based on a valuation model that calculates the present value of estimated net servicing income. The valuation model incorporates assumptions that market participants would use in estimating future net servicing income. The Company is able to compare the valuation model inputs and results to widely available published industry data for reasonableness (Level 3). | ||||||||||||||||||||
The following table sets forth the Company’s financial assets that were accounted for at fair value and are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. | ||||||||||||||||||||
Fair Value Measurements Using | ||||||||||||||||||||
Quoted | Significant | Significant | Fair | |||||||||||||||||
Prices in | Observable | Unobservable | Value | |||||||||||||||||
Active | Inputs | Inputs | ||||||||||||||||||
Markets for | (Level 2) | (Level 3) | ||||||||||||||||||
Identical | ||||||||||||||||||||
Assets | ||||||||||||||||||||
(Level 1) | ||||||||||||||||||||
March 31, 2014 | ||||||||||||||||||||
Securities: | ||||||||||||||||||||
Certificates of deposit | $ | — | $ | 75,621 | $ | — | $ | 75,621 | ||||||||||||
Municipal securities | — | 185 | — | 185 | ||||||||||||||||
Equity mutual fund | 500 | — | — | 500 | ||||||||||||||||
Mortgage-backed securities – residential | — | 27,181 | — | 27,181 | ||||||||||||||||
Collateralized mortgage obligations – residential | — | 12,456 | — | 12,456 | ||||||||||||||||
SBA-guaranteed loan participation certificates | — | 34 | — | 34 | ||||||||||||||||
$ | 500 | $ | 115,477 | $ | — | $ | 115,977 | |||||||||||||
December 31, 2013 | ||||||||||||||||||||
Securities: | ||||||||||||||||||||
Certificates of deposit | $ | — | $ | 65,010 | $ | — | $ | 65,010 | ||||||||||||
Municipal securities | — | 187 | — | 187 | ||||||||||||||||
Equity mutual fund | 497 | — | — | 497 | ||||||||||||||||
Mortgage-backed securities - residential | — | 28,364 | — | 28,364 | ||||||||||||||||
Collateralized mortgage obligations – residential | — | 16,814 | — | 16,814 | ||||||||||||||||
SBA-guaranteed loan participation certificates | — | 35 | — | 35 | ||||||||||||||||
$ | 497 | $ | 110,410 | $ | — | $ | 110,907 | |||||||||||||
The following table sets forth the Company’s assets that were measured at fair value on a non-recurring basis: | ||||||||||||||||||||
Fair Value Measurement Using | ||||||||||||||||||||
Quoted | Significant | Significant | Fair | |||||||||||||||||
Prices in | Observable | Unobservable | Value | |||||||||||||||||
Active Markets | Inputs | Inputs | ||||||||||||||||||
for Identical | (Level 2) | (Level 3) | ||||||||||||||||||
Assets | ||||||||||||||||||||
(Level 1) | ||||||||||||||||||||
March 31, 2014 | ||||||||||||||||||||
Impaired loans: | ||||||||||||||||||||
One-to-four family residential real estate | $ | — | $ | — | $ | 295 | $ | 295 | ||||||||||||
Multi-family mortgage | — | — | 1,898 | 1,898 | ||||||||||||||||
Nonresidential real estate | — | — | 1,495 | 1,495 | ||||||||||||||||
Construction and land | — | — | 107 | 107 | ||||||||||||||||
$ | — | $ | — | $ | 3,795 | $ | 3,795 | |||||||||||||
Other real estate owned: | ||||||||||||||||||||
One-to-four family residential real estate | $ | — | $ | — | $ | 74 | $ | 74 | ||||||||||||
Nonresidential real estate | — | — | 172 | 172 | ||||||||||||||||
Land | — | — | 171 | 171 | ||||||||||||||||
$ | — | $ | — | $ | 417 | $ | 417 | |||||||||||||
Mortgage servicing rights | $ | — | $ | — | $ | 187 | $ | 187 | ||||||||||||
December 31, 2013 | ||||||||||||||||||||
Impaired loans: | ||||||||||||||||||||
One-to-four family residential real estate | $ | — | $ | — | $ | 460 | $ | 460 | ||||||||||||
Multi-family mortgage | — | — | 2,286 | 2,286 | ||||||||||||||||
Nonresidential real estate | — | — | 971 | 971 | ||||||||||||||||
Construction and land | — | — | 107 | 107 | ||||||||||||||||
$ | — | $ | — | $ | 3,824 | $ | 3,824 | |||||||||||||
Other real estate owned: | ||||||||||||||||||||
One-to-four family residential real estate | $ | — | $ | — | $ | 297 | $ | 297 | ||||||||||||
Nonresidential real estate | — | — | 460 | 460 | ||||||||||||||||
Land | — | — | 1,019 | 1,019 | ||||||||||||||||
$ | — | $ | — | $ | 1,776 | $ | 1,776 | |||||||||||||
Mortgage servicing rights | $ | — | $ | — | $ | 198 | $ | 198 | ||||||||||||
Impaired loans, including purchased impaired loans, which are measured for impairment using the fair value of the collateral for collateral–dependent loans, with specific valuation allowances, had a carrying amount of $4.3 million, with a valuation allowance of $489,000 at March 31, 2014, compared to a carrying amount of $4.2 million, with a valuation allowance of $375,000 at December 31, 2013, resulting in an increase in the provision for loan losses of $114,000 for the three months ended March 31, 2014. | ||||||||||||||||||||
Other real estate owned ("OREO"), which is carried at the lower of cost or fair value less costs to sell, had a carrying value of $1.3 million less a valuation allowance of $904,000, or $417,000 at March 31, 2014, compared to $2.7 million less a valuation allowance of $902,000, or $1.8 million at December 31, 2013. There were $44,000 of valuation adjustments of OREO recorded for the three months ended March 31, 2014. | ||||||||||||||||||||
Mortgage servicing rights, which are carried at lower of cost or fair value, had a carrying amount of $187,000 at March 31, 2014, and $198,000 at December 31, 2013. A pre-tax provision of $4,000 on our mortgage servicing rights portfolio was included in noninterest income for the three months ended March 31, 2014, compared to a recovery of $26,000 for the same period in 2013. | ||||||||||||||||||||
The following table presents quantitative information, based on certain empirical data with respect to Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at March 31, 2014: | ||||||||||||||||||||
Fair Value | Valuation | Significant Unobservable | Range | |||||||||||||||||
Technique(s) | Input(s) | (Weighted | ||||||||||||||||||
Average) | ||||||||||||||||||||
Impaired loans: | ||||||||||||||||||||
One-to-four family residential real estate loans | $ | 295 | Sales comparison | Discount applied to valuation | 16.90% | |||||||||||||||
-17% | ||||||||||||||||||||
Multi-family mortgage loans | 1,898 | Sales comparison | Comparison between sales and income approaches | 9.5% to 16.9% | ||||||||||||||||
-13% | ||||||||||||||||||||
Income approach | Cap Rate | 11% to 13.8% | ||||||||||||||||||
-12% | ||||||||||||||||||||
Nonresidential real estate loans | 1,495 | Sales comparison | Comparison between sales and income approaches | -1.4% to 34.9% | ||||||||||||||||
(22%) | ||||||||||||||||||||
Income approach | Cap Rate | 10% | ||||||||||||||||||
Construction and land loans | 107 | Sales comparison | Discount applied to valuation | 21.80% | ||||||||||||||||
-22% | ||||||||||||||||||||
Impaired loans | $ | 3,795 | ||||||||||||||||||
Other real estate owned: | ||||||||||||||||||||
One-to-four family residential real estate | $ | 74 | Sales comparison | Discount applied to valuation | 9.60% | |||||||||||||||
-10% | ||||||||||||||||||||
Nonresidential real estate | 172 | Sales comparison | Comparison between sales and income approaches | 15.60% | ||||||||||||||||
-16% | ||||||||||||||||||||
Land | 171 | Sales comparison | Discount applied to valuation | 8.7% to 11.2% | ||||||||||||||||
-11% | ||||||||||||||||||||
Other real estate owned | $ | 417 | ||||||||||||||||||
Mortgage servicing rights | $ | 187 | Third party | Present value of future servicing income based on prepayment speeds | 11.6 % to 25.1% | |||||||||||||||
valuation | -15% | |||||||||||||||||||
Third party | Present value of future servicing income based on default rates | 12% | ||||||||||||||||||
valuation | ||||||||||||||||||||
The following table presents quantitative information, based on certain empirical data with respect to Level 3 fair value measurements for financial instruments measured at fair value on a non-recurring basis at December 31, 2013: | ||||||||||||||||||||
Fair Value | Valuation | Unobservable | Range | |||||||||||||||||
Technique(s) | Input(s) | (Weighted | ||||||||||||||||||
Average) | ||||||||||||||||||||
Impaired loans | ||||||||||||||||||||
One-to-four family residential real estate | $ | 460 | Sales comparison | Discount applied to valuation | 7.5% to 12.8% | |||||||||||||||
-10% | ||||||||||||||||||||
Multi-family mortgage | 2,286 | Sales comparison | Comparison between sales and income approaches | 12.3% to 19.4% | ||||||||||||||||
-17% | ||||||||||||||||||||
Income approach | Cap Rate | 7.25% to 13.8% | ||||||||||||||||||
-9% | ||||||||||||||||||||
Nonresidential real estate | 971 | Sales comparison | Comparison between sales and income approaches | -3.0% to 45.1% | ||||||||||||||||
(11%) | ||||||||||||||||||||
Income approach | Cap Rate | 10% to 10.7% | ||||||||||||||||||
-10% | ||||||||||||||||||||
Construction and land loans | 107 | Sales comparison | Discount applied to valuation | 21% | ||||||||||||||||
$ | 3,824 | |||||||||||||||||||
Other real estate owned | ||||||||||||||||||||
One-to-four family residential real estate | $ | 297 | Sales comparison | Discount applied to valuation | 5.0% to 9.4% | |||||||||||||||
-8% | ||||||||||||||||||||
Nonresidential real estate | 460 | Sales comparison | Comparison between sales and income approaches | 0% to 10.1% | ||||||||||||||||
-7% | ||||||||||||||||||||
Land | 1,019 | Sales comparison | Discount applied to valuation | 0% to 10.2% | ||||||||||||||||
-2% | ||||||||||||||||||||
$ | 1,776 | |||||||||||||||||||
Mortgage servicing rights | $ | 198 | Third party | Present value of future servicing income based on prepayment speeds | 11.4 % to 23.5% | |||||||||||||||
valuation | -15% | |||||||||||||||||||
Third party | Present value of future servicing income based on default rates | 12% | ||||||||||||||||||
valuation | ||||||||||||||||||||
The carrying amount and estimated fair value of financial instruments are as follows: | ||||||||||||||||||||
Fair Value Measurements at | ||||||||||||||||||||
March 31, 2014 Using: | ||||||||||||||||||||
Carrying | Level 1 | Level 2 | Level 3 | Total | ||||||||||||||||
Amount | ||||||||||||||||||||
Financial assets | ||||||||||||||||||||
Cash and cash equivalents | $ | 151,724 | $ | 13,869 | $ | 137,855 | $ | — | $ | 151,724 | ||||||||||
Securities | 115,977 | 500 | 115,477 | — | 115,977 | |||||||||||||||
Loans held for sale | — | — | — | — | — | |||||||||||||||
Loans receivable, net of allowance for loan losses | 1,097,888 | — | 1,038,395 | 3,795 | 1,042,190 | |||||||||||||||
FHLBC stock | 6,068 | — | — | — | N/A | |||||||||||||||
Accrued interest receivable | 3,728 | — | 3,728 | — | 3,728 | |||||||||||||||
Financial liabilities | — | |||||||||||||||||||
Noninterest-bearing demand deposits | $ | 129,732 | $ | — | $ | 129,732 | $ | — | $ | 129,732 | ||||||||||
Savings deposits | 156,174 | — | 156,174 | — | 156,174 | |||||||||||||||
NOW and money market accounts | 706,994 | — | 706,994 | — | 706,994 | |||||||||||||||
Certificates of deposit | 259,919 | — | 260,225 | — | 260,225 | |||||||||||||||
Borrowings | 2,668 | — | 2,666 | — | 2,666 | |||||||||||||||
Accrued interest payable | 101 | — | 101 | — | 101 | |||||||||||||||
Fair Value Measurements at | ||||||||||||||||||||
December 31, 2013 Using: | ||||||||||||||||||||
Carrying | Level 1 | Level 2 | Level 3 | Total | ||||||||||||||||
Amount | ||||||||||||||||||||
Financial assets | ||||||||||||||||||||
Cash and cash equivalents | $ | 160,957 | $ | 15,781 | $ | 145,176 | $ | — | $ | 160,957 | ||||||||||
Securities | 110,907 | 497 | 110,410 | — | 110,907 | |||||||||||||||
Loans held for sale | — | — | — | — | — | |||||||||||||||
Loans receivable, net of allowance for loan losses | 1,098,077 | — | 1,049,111 | 3,824 | 1,052,935 | |||||||||||||||
FHLBC stock | 6,068 | — | — | — | N/A | |||||||||||||||
Accrued interest receivable | 3,933 | — | 3,933 | — | 3,933 | |||||||||||||||
Financial liabilities | ||||||||||||||||||||
Noninterest-bearing demand deposits | $ | 126,680 | $ | — | $ | 126,680 | $ | — | $ | 126,680 | ||||||||||
Savings deposits | 149,602 | — | 149,602 | — | 149,602 | |||||||||||||||
NOW and money market accounts | 700,804 | — | 700,804 | — | 700,804 | |||||||||||||||
Certificates of deposit | 275,622 | — | 276,022 | — | 276,022 | |||||||||||||||
Borrowings | 3,055 | — | 3,057 | — | 3,057 | |||||||||||||||
Accrued interest payable | 113 | — | 113 | — | 113 | |||||||||||||||
For purposes of the above, the following assumptions were used: | ||||||||||||||||||||
Cash and Cash Equivalents: The estimated fair values for cash and cash equivalents are based on their carrying value due to the short-term nature of these assets. | ||||||||||||||||||||
Loans: The estimated fair value for loans has been determined by calculating the present value of future cash flows based on the current rate the Company would charge for similar loans with similar maturities, applied for an estimated time period until the loan is assumed to be repriced or repaid. The estimated fair values of loans held for sale are based on quoted market prices. | ||||||||||||||||||||
FHLBC Stock: It is not practicable to determine the fair value of FHLBC stock due to the restrictions placed on its transferability. | ||||||||||||||||||||
Deposit Liabilities: The estimated fair value for certificates of deposit has been determined by calculating the present value of future cash flows based on estimates of rates the Company would pay on such deposits, applied for the time period until maturity. The estimated fair values of noninterest-bearing demand, NOW, money market, and savings deposits are assumed to approximate their carrying values as management establishes rates on these deposits at a level that approximates the local market area. Additionally, these deposits can be withdrawn on demand. | ||||||||||||||||||||
Borrowings: The estimated fair values of advances from the FHLBC and notes payable are based on current market rates for similar financing. The estimated fair value of securities sold under agreements to repurchase is assumed to equal its carrying value due to the short-term nature of the liability. | ||||||||||||||||||||
Accrued Interest: The estimated fair values of accrued interest receivable and payable are assumed to equal their carrying value. | ||||||||||||||||||||
Off-Balance-Sheet Instruments: Off-balance-sheet items consist principally of unfunded loan commitments, standby letters of credit, and unused lines of credit. The estimated fair values of unfunded loan commitments, standby letters of credit, and unused lines of credit are not material. | ||||||||||||||||||||
While the above estimates are based on management’s judgment of the most appropriate factors, as of the balance sheet date, there is no assurance that the estimated fair values would have been realized if the assets were disposed of or the liabilities settled at that date, since market values may differ depending on the various circumstances. The estimated fair values would also not apply to subsequent dates. | ||||||||||||||||||||
In addition, other assets and liabilities that are not financial instruments, such as premises and equipment, are not included in the above disclosures. |
Summary_of_Significant_Account1
Summary of Significant Accounting Policies (Policies) | 3 Months Ended |
Mar. 31, 2014 | |
Organization, Consolidation and Presentation of Financial Statements [Abstract] | ' |
Basis of Presentation | ' |
Basis of Presentation: BankFinancial Corporation, a Maryland corporation headquartered in Burr Ridge, Illinois, is the owner of all of the issued and outstanding capital stock of BankFinancial, F.S.B. (the “Bank”). | |
Principles of Consolidation | ' |
Principles of Consolidation: The interim unaudited consolidated financial statements include the accounts of and transactions of BankFinancial Corporation, the Bank, and the Bank’s wholly-owned subsidiaries, Financial Assurance Services, Inc. and BF Asset Recovery Corporation (collectively, “the Company”), and reflect all normal and recurring adjustments that are, in the opinion of management, considered necessary for a fair presentation of the financial condition and results of operations for the periods presented. All significant intercompany accounts and transactions have been eliminated. The results of operations for the three- month period ended March 31, 2014 are not necessarily indicative of the results of operations that may be expected for the year ending December 31, 2014. | |
Certain information and note disclosures normally included in financial statements prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”) have been condensed or omitted pursuant to the rules and regulations of the Securities and Exchange Commission. | |
Use of Estimates | ' |
Use of Estimates: To prepare financial statements in conformity with GAAP, management makes estimates and assumptions based on available information. These estimates and assumptions affect the amounts reported in the financial statements and the disclosures provided, and future results could differ. The allowance for loan losses, mortgage servicing rights, deferred tax assets, other intangible assets, stock-based compensation, impairment of securities and fair value of financial instruments are particularly subject to change and the effect of such change could be material to the financial statements. | |
Uncollected Interest Policy | ' |
The Company’s reserve for uncollected loan interest was $1.4 million and $1.3 million at March 31, 2014 and December 31, 2013, respectively. Except for purchased impaired loans, when a loan is on non-accrual status and the ultimate collectability of the total principal of an impaired loan is in doubt, all payments are applied to principal under the cost recovery method. Alternatively, when a loan is on non-accrual status but there is doubt concerning only the ultimate collectability of interest, contractual interest is credited to interest income only when received, under the cash basis method pursuant to the provisions of FASB ASC 310–10, as applicable. In all cases, the average balances are calculated based on the month–end balances of the financing receivables within the period reported pursuant to the provisions of FASB ASC 310–10, as applicable. | |
Reclassifications | ' |
Reclassifications: Certain reclassifications have been made in the prior period’s financial statements to conform them to the current period’s presentation. | |
These unaudited consolidated financial statements should be read in conjunction with the Company’s Annual Report on Form 10-K for the year ended December 31, 2013, as filed with the Securities and Exchange Commission. | |
Recent Accounting Pronouncements | ' |
. |
Earnings_Per_Share_Tables
Earnings Per Share (Tables) | 3 Months Ended | |||||||
Mar. 31, 2014 | ||||||||
Earnings Per Share [Abstract] | ' | |||||||
Reconciliation of Basic and Diluted Earnings Per Share | ' | |||||||
For the Three Months Ended March 31, | ||||||||
2014 | 2013 | |||||||
Net income available to common stockholders | $ | 942 | $ | 678 | ||||
Average common shares outstanding | 21,101,966 | 21,072,966 | ||||||
Less: | ||||||||
Unearned ESOP shares | (977,561 | ) | (1,108,938 | ) | ||||
Unvested restricted stock shares | (25,750 | ) | — | |||||
Weighted average common shares outstanding | 20,098,655 | 19,964,028 | ||||||
Add - Net effect of dilutive stock options and unvested restricted stock | 12,045 | — | ||||||
Diluted weighted average common shares outstanding | 20,110,700 | 19,964,028 | ||||||
Basic earnings per common share | $ | 0.05 | $ | 0.03 | ||||
Diluted earnings per common share | $ | 0.05 | $ | 0.03 | ||||
Securities_Tables
Securities (Tables) | 3 Months Ended | |||||||||||||||||||||||
Mar. 31, 2014 | ||||||||||||||||||||||||
Investments, Debt and Equity Securities [Abstract] | ' | |||||||||||||||||||||||
Unrealized gains and losses recognized in accumulated other comprehensive income (loss) | ' | |||||||||||||||||||||||
he fair value of securities and the related gross unrealized gains and losses recognized in accumulated other comprehensive income are shown below. | ||||||||||||||||||||||||
Amortized | Gross | Gross | Fair Value | |||||||||||||||||||||
Cost | Unrealized | Unrealized | ||||||||||||||||||||||
Gains | Losses | |||||||||||||||||||||||
March 31, 2014 | ||||||||||||||||||||||||
Certificates of deposit | $ | 75,621 | $ | — | $ | — | $ | 75,621 | ||||||||||||||||
Municipal securities | 180 | 5 | — | 185 | ||||||||||||||||||||
Equity mutual fund | 500 | — | — | 500 | ||||||||||||||||||||
Mortgage-backed securities - residential | 26,017 | 1,291 | (127 | ) | 27,181 | |||||||||||||||||||
Collateralized mortgage obligations - residential | 12,486 | 39 | (69 | ) | 12,456 | |||||||||||||||||||
SBA-guaranteed loan participation certificates | 34 | — | — | 34 | ||||||||||||||||||||
$ | 114,838 | $ | 1,335 | $ | (196 | ) | $ | 115,977 | ||||||||||||||||
December 31, 2013 | ||||||||||||||||||||||||
Certificates of deposit | $ | 65,010 | $ | — | $ | — | $ | 65,010 | ||||||||||||||||
Municipal securities | 180 | 7 | — | 187 | ||||||||||||||||||||
Equity mutual fund | 500 | — | (3 | ) | 497 | |||||||||||||||||||
Mortgage-backed securities - residential | 27,229 | 1,295 | (160 | ) | 28,364 | |||||||||||||||||||
Collateralized mortgage obligations - residential | 16,851 | 35 | (72 | ) | 16,814 | |||||||||||||||||||
SBA-guaranteed loan participation certificates | 35 | — | — | 35 | ||||||||||||||||||||
$ | 109,805 | $ | 1,337 | $ | (235 | ) | $ | 110,907 | ||||||||||||||||
Amortized cost and fair values of securities | ' | |||||||||||||||||||||||
The amortized cost and fair values of securities by contractual maturity are shown below. Securities not due at a single maturity date are shown separately. Expected maturities may differ from contractual maturities because borrowers may have the right to call or prepay obligations with or without call or prepayment penalties. | ||||||||||||||||||||||||
March 31, 2014 | ||||||||||||||||||||||||
Amortized | Fair | |||||||||||||||||||||||
Cost | Value | |||||||||||||||||||||||
Due in one year or less | $ | 75,801 | $ | 75,806 | ||||||||||||||||||||
Equity mutual fund | 500 | 500 | ||||||||||||||||||||||
Mortgage-backed securities - residential | 26,017 | 27,181 | ||||||||||||||||||||||
Collateralized mortgage obligations - residential | 12,486 | 12,456 | ||||||||||||||||||||||
SBA-guaranteed loan participation certificates | 34 | 34 | ||||||||||||||||||||||
$ | 114,838 | $ | 115,977 | |||||||||||||||||||||
Securities with unrealized losses | ' | |||||||||||||||||||||||
Securities with unrealized losses not recognized in income are as follows: | ||||||||||||||||||||||||
Less than 12 Months | 12 Months or More | Total | ||||||||||||||||||||||
Fair | Unrealized | Fair | Unrealized | Fair | Unrealized | |||||||||||||||||||
Value | Loss | Value | Loss | Value | Loss | |||||||||||||||||||
March 31, 2014 | ||||||||||||||||||||||||
Mortgage-backed securities - residential | $ | 2,569 | $ | (127 | ) | $ | — | $ | — | $ | 2,569 | $ | (127 | ) | ||||||||||
Collateralized mortgage obligations - residential | 10,313 | (69 | ) | — | — | 10,313 | (69 | ) | ||||||||||||||||
$ | 12,882 | $ | (196 | ) | $ | — | $ | — | $ | 12,882 | $ | (196 | ) | |||||||||||
December 31, 2013 | ||||||||||||||||||||||||
Equity mutual fund | $ | 497 | $ | (3 | ) | $ | — | $ | — | $ | 497 | $ | (3 | ) | ||||||||||
Mortgage-backed securities - residential | 2,806 | (160 | ) | — | — | 2,806 | (160 | ) | ||||||||||||||||
Collateralized mortgage obligations - residential | 11,233 | (72 | ) | — | — | 11,233 | (72 | ) | ||||||||||||||||
$ | 14,536 | $ | (235 | ) | $ | — | $ | — | $ | 14,536 | $ | (235 | ) | |||||||||||
Loans_Receivable_Tables
Loans Receivable (Tables) | 3 Months Ended | |||||||||||||||||||||||||||||||
Mar. 31, 2014 | ||||||||||||||||||||||||||||||||
Receivables [Abstract] | ' | |||||||||||||||||||||||||||||||
Loans receivable | ' | |||||||||||||||||||||||||||||||
Loans receivable are as follows: | ||||||||||||||||||||||||||||||||
March 31, 2014 | December 31, 2013 | |||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 197,831 | $ | 201,382 | ||||||||||||||||||||||||||||
Multi-family mortgage | 416,356 | 396,058 | ||||||||||||||||||||||||||||||
Nonresidential real estate | 251,873 | 263,567 | ||||||||||||||||||||||||||||||
Construction and land | 3,396 | 6,570 | ||||||||||||||||||||||||||||||
Commercial loans | 53,661 | 54,255 | ||||||||||||||||||||||||||||||
Commercial leases | 185,474 | 187,112 | ||||||||||||||||||||||||||||||
Consumer | 2,476 | 2,317 | ||||||||||||||||||||||||||||||
1,111,067 | 1,111,261 | |||||||||||||||||||||||||||||||
Net deferred loan origination costs | 1,002 | 970 | ||||||||||||||||||||||||||||||
Allowance for loan losses | (14,181 | ) | (14,154 | ) | ||||||||||||||||||||||||||||
Loans, net | $ | 1,097,888 | $ | 1,098,077 | ||||||||||||||||||||||||||||
Allowance for loan losses and the loans receivable by portfolio segment | ' | |||||||||||||||||||||||||||||||
The following tables present the balance in the allowance for loan losses and the loans receivable by portfolio segment and based on impairment method: | ||||||||||||||||||||||||||||||||
Allowance for loan losses | Loan Balances | |||||||||||||||||||||||||||||||
Individually | Purchased impaired loans | Collectively | Total | Individually | Purchased | Collectively | Total | |||||||||||||||||||||||||
evaluated for | evaluated for | evaluated for | impaired | evaluated for | ||||||||||||||||||||||||||||
impairment | impairment | impairment | loans | impairment | ||||||||||||||||||||||||||||
March 31, 2014 | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 20 | $ | 5 | $ | 3,508 | $ | 3,533 | $ | 3,918 | $ | 101 | $ | 193,812 | $ | 197,831 | ||||||||||||||||
Multi-family mortgage | 195 | — | 4,515 | 4,710 | 6,937 | — | 409,419 | 416,356 | ||||||||||||||||||||||||
Nonresidential real estate | 257 | — | 3,715 | 3,972 | 9,758 | 153 | 241,962 | 251,873 | ||||||||||||||||||||||||
Construction and land | 12 | — | 244 | 256 | 270 | — | 3,126 | 3,396 | ||||||||||||||||||||||||
Commercial loans | — | — | 669 | 669 | — | 23 | 53,638 | 53,661 | ||||||||||||||||||||||||
Commercial leases | — | — | 942 | 942 | 8 | — | 185,466 | 185,474 | ||||||||||||||||||||||||
Consumer | — | — | 99 | 99 | 77 | — | 2,399 | 2,476 | ||||||||||||||||||||||||
$ | 484 | $ | 5 | $ | 13,692 | $ | 14,181 | $ | 20,968 | $ | 277 | $ | 1,089,822 | 1,111,067 | ||||||||||||||||||
Net deferred loan origination costs | 1,002 | |||||||||||||||||||||||||||||||
Allowance for loan losses | (14,181 | ) | ||||||||||||||||||||||||||||||
Loans, net | $ | 1,097,888 | ||||||||||||||||||||||||||||||
Allowance for loan losses | Loan Balances | |||||||||||||||||||||||||||||||
Individually | Purchased impaired loans | Collectively | Total | Individually | Purchased | Collectively | Total | |||||||||||||||||||||||||
evaluated for | evaluated for | evaluated for | impaired | evaluated for | ||||||||||||||||||||||||||||
impairment | impairment | impairment | loans | impairment | ||||||||||||||||||||||||||||
December 31, 2013 | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 26 | $ | 5 | $ | 3,817 | $ | 3,848 | $ | 3,692 | $ | 100 | $ | 197,590 | $ | 201,382 | ||||||||||||||||
Multi-family mortgage | 255 | — | 4,189 | 4,444 | 7,031 | — | 389,027 | 396,058 | ||||||||||||||||||||||||
Nonresidential real estate | 77 | — | 3,658 | 3,735 | 4,381 | 1,633 | 257,553 | 263,567 | ||||||||||||||||||||||||
Construction and land | 12 | — | 381 | 393 | 383 | — | 6,187 | 6,570 | ||||||||||||||||||||||||
Commercial loans | — | — | 731 | 731 | — | 23 | 54,232 | 54,255 | ||||||||||||||||||||||||
Commercial leases | — | — | 946 | 946 | — | — | 187,112 | 187,112 | ||||||||||||||||||||||||
Consumer | — | — | 57 | 57 | 77 | — | 2,240 | 2,317 | ||||||||||||||||||||||||
$ | 370 | $ | 5 | $ | 13,779 | $ | 14,154 | $ | 15,564 | $ | 1,756 | $ | 1,093,941 | 1,111,261 | ||||||||||||||||||
Net deferred loan origination costs | 970 | |||||||||||||||||||||||||||||||
Allowance for loan losses | (14,154 | ) | ||||||||||||||||||||||||||||||
Loans, net | $ | 1,098,077 | ||||||||||||||||||||||||||||||
Allowance for loan losses | ' | |||||||||||||||||||||||||||||||
Activity in the allowance for loan losses is as follows: | ||||||||||||||||||||||||||||||||
Three Months Ended March 31, | ||||||||||||||||||||||||||||||||
2014 | 2013 | |||||||||||||||||||||||||||||||
Beginning balance | $ | 14,154 | $ | 18,035 | ||||||||||||||||||||||||||||
Loans charged offs: | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | (56 | ) | (369 | ) | ||||||||||||||||||||||||||||
Multi-family mortgage | (90 | ) | (236 | ) | ||||||||||||||||||||||||||||
Nonresidential real estate | (580 | ) | (79 | ) | ||||||||||||||||||||||||||||
Construction and land | — | (927 | ) | |||||||||||||||||||||||||||||
Commercial loans | (22 | ) | (19 | ) | ||||||||||||||||||||||||||||
Commercial leases | — | — | ||||||||||||||||||||||||||||||
Consumer | (6 | ) | — | |||||||||||||||||||||||||||||
(754 | ) | (1,630 | ) | |||||||||||||||||||||||||||||
Recoveries: | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | 11 | 242 | ||||||||||||||||||||||||||||||
Multi-family mortgage | 14 | 57 | ||||||||||||||||||||||||||||||
Nonresidential real estate | 20 | 19 | ||||||||||||||||||||||||||||||
Construction and land | 250 | 2 | ||||||||||||||||||||||||||||||
Commercial loans | 8 | 5 | ||||||||||||||||||||||||||||||
Consumer | 2 | 1 | ||||||||||||||||||||||||||||||
305 | 326 | |||||||||||||||||||||||||||||||
Net charge-off | (449 | ) | (1,304 | ) | ||||||||||||||||||||||||||||
Provision for loan losses | 476 | 722 | ||||||||||||||||||||||||||||||
Ending balance | $ | 14,181 | $ | 17,453 | ||||||||||||||||||||||||||||
Loans Individually Evaluated For Impairment By Class Loans | ' | |||||||||||||||||||||||||||||||
The following tables present loans individually evaluated for impairment by class of loans, excluding purchased impaired loans: | ||||||||||||||||||||||||||||||||
For the Three Months Ended March 31, 2014 | ||||||||||||||||||||||||||||||||
Loan | Recorded | Partial Charge-off | Allowance | Average | Interest | |||||||||||||||||||||||||||
Balance | Investment | for Loan | Investment | Income | ||||||||||||||||||||||||||||
Losses | in Impaired | Recognized | ||||||||||||||||||||||||||||||
Allocated | Loans | |||||||||||||||||||||||||||||||
March 31, 2014 | ||||||||||||||||||||||||||||||||
With no related allowance recorded: | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 4,243 | $ | 2,865 | $ | 1,356 | $ | — | $ | 2,598 | $ | 4 | ||||||||||||||||||||
One-to-four family residential real estate - non-owner occupied | 835 | 776 | 43 | — | 788 | — | ||||||||||||||||||||||||||
Multi-family mortgage | 5,294 | 4,297 | 4 | — | 4,281 | 10 | ||||||||||||||||||||||||||
Wholesale commercial lending | 524 | 524 | — | — | 131 | 8 | ||||||||||||||||||||||||||
Nonresidential real estate | 8,963 | 7,954 | 394 | — | 4,385 | 16 | ||||||||||||||||||||||||||
Land | 160 | 150 | 8 | — | 178 | — | ||||||||||||||||||||||||||
Commercial loans - secured | 77 | 77 | — | — | 77 | 1 | ||||||||||||||||||||||||||
Non-rated commercial leases | 8 | 8 | — | — | 2 | — | ||||||||||||||||||||||||||
20,104 | 16,651 | 1,805 | — | 12,440 | 39 | |||||||||||||||||||||||||||
With an allowance recorded: | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate - non-owner occupied | 383 | 267 | 127 | 20 | 343 | — | ||||||||||||||||||||||||||
Multi-family mortgage | 2,586 | 2,093 | 470 | 195 | 2,256 | 9 | ||||||||||||||||||||||||||
Nonresidential real estate | 2,425 | 1,752 | 641 | 257 | 1,007 | 16 | ||||||||||||||||||||||||||
Land | 180 | 119 | 60 | 12 | 119 | — | ||||||||||||||||||||||||||
5,574 | 4,231 | 1,298 | 484 | 3,725 | 25 | |||||||||||||||||||||||||||
Total | $ | 25,678 | $ | 20,882 | $ | 3,103 | $ | 484 | $ | 16,165 | $ | 64 | ||||||||||||||||||||
Loan | Recorded | Partial Charge-off | Allowance | Average | Interest | |||||||||||||||||||||||||||
Balance | Investment | for Loan | Investment | Income | ||||||||||||||||||||||||||||
Losses | in Impaired | Recognized | ||||||||||||||||||||||||||||||
Allocated | Loans | |||||||||||||||||||||||||||||||
December 31, 2013 | ||||||||||||||||||||||||||||||||
With no related allowance recorded: | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 3,656 | $ | 2,540 | $ | 1,102 | $ | — | $ | 3,693 | $ | 20 | ||||||||||||||||||||
One-to-four family residential real estate - non-owner occupied | 875 | 706 | 137 | — | 591 | — | ||||||||||||||||||||||||||
Multi-family mortgage | 5,466 | 4,449 | 4 | — | 6,098 | 27 | ||||||||||||||||||||||||||
Wholesale commercial lending | — | — | — | — | 306 | — | ||||||||||||||||||||||||||
Nonresidential real estate | 4,062 | 3,313 | 253 | — | 4,054 | 33 | ||||||||||||||||||||||||||
Land | 274 | 263 | 8 | — | 169 | — | ||||||||||||||||||||||||||
Commercial loans - secured | 77 | 77 | — | — | 83 | — | ||||||||||||||||||||||||||
14,410 | 11,348 | 1,504 | — | 14,994 | 80 | |||||||||||||||||||||||||||
With an allowance recorded: | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate - non-owner occupied | 490 | 438 | 38 | 26 | 393 | 2 | ||||||||||||||||||||||||||
Multi-family mortgage | 3,144 | 2,541 | 573 | 255 | 2,998 | 125 | ||||||||||||||||||||||||||
Nonresidential real estate | 1,343 | 1,048 | 255 | 77 | 2,148 | 15 | ||||||||||||||||||||||||||
Land | 180 | 119 | 60 | 12 | 1,265 | — | ||||||||||||||||||||||||||
5,157 | 4,146 | 926 | 370 | 6,804 | 142 | |||||||||||||||||||||||||||
Total | $ | 19,567 | $ | 15,494 | $ | 2,430 | $ | 370 | $ | 21,798 | $ | 222 | ||||||||||||||||||||
Carrying Amount Of Purchased Impaired Loans | ' | |||||||||||||||||||||||||||||||
The carrying amounts of these purchased impaired loans are as follows: | ||||||||||||||||||||||||||||||||
March 31, 2014 | December 31, 2013 | |||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 101 | $ | 100 | ||||||||||||||||||||||||||||
Nonresidential real estate | 153 | 1,633 | ||||||||||||||||||||||||||||||
Commercial loans | 23 | 23 | ||||||||||||||||||||||||||||||
Outstanding balance | $ | 277 | $ | 1,756 | ||||||||||||||||||||||||||||
Carrying amount, net of allowance ($5 at March 31, 2014 and December 31, 2013) | $ | 272 | $ | 1,751 | ||||||||||||||||||||||||||||
Accretable Yield Or Income Expected To Be Collected Related To Purchased Impaired Loans | ' | |||||||||||||||||||||||||||||||
Accretable yield, or income expected to be collected, related to purchased impaired loans are as follows: | ||||||||||||||||||||||||||||||||
Three Months Ended March 31, | ||||||||||||||||||||||||||||||||
2014 | 2013 | |||||||||||||||||||||||||||||||
Beginning balance | $ | 37 | $ | 196 | ||||||||||||||||||||||||||||
Reclassifications from nonaccretable difference | (2 | ) | — | |||||||||||||||||||||||||||||
Accretion of income | 18 | 50 | ||||||||||||||||||||||||||||||
Ending balance | $ | 17 | $ | 146 | ||||||||||||||||||||||||||||
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period | ' | |||||||||||||||||||||||||||||||
Purchased impaired loans for which it was probable at the date of acquisition that all contractually required payments would not be collected are as follows: | ||||||||||||||||||||||||||||||||
March 31, 2014 | December 31, 2013 | |||||||||||||||||||||||||||||||
Contractually required payments receivable of loans purchased: | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 832 | $ | 832 | ||||||||||||||||||||||||||||
Nonresidential real estate | 203 | 1,999 | ||||||||||||||||||||||||||||||
Commercial loans | 222 | 222 | ||||||||||||||||||||||||||||||
$ | 1,257 | $ | 3,053 | |||||||||||||||||||||||||||||
Schedule of Financing Receivables, Non Accrual Status | ' | |||||||||||||||||||||||||||||||
The following tables present the recorded investment in nonaccrual loans and loans past due over 90 days still on accrual by class of loans, excluding purchased impaired loans: | ||||||||||||||||||||||||||||||||
Loan Balance | Recorded | Loans Past | ||||||||||||||||||||||||||||||
Investment | Due Over 90 | |||||||||||||||||||||||||||||||
Days, Still | ||||||||||||||||||||||||||||||||
Accruing | ||||||||||||||||||||||||||||||||
March 31, 2014 | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 3,989 | $ | 3,965 | $ | — | ||||||||||||||||||||||||||
One-to-four family residential real estate – non owner occupied | 1,047 | 1,043 | — | |||||||||||||||||||||||||||||
Multi-family mortgage | 7,625 | 6,617 | — | |||||||||||||||||||||||||||||
Nonresidential real estate | 9,281 | 8,715 | — | |||||||||||||||||||||||||||||
Land | 273 | 269 | — | |||||||||||||||||||||||||||||
Commercial loans – secured | 77 | 77 | — | |||||||||||||||||||||||||||||
Non-rated commercial leases | 8 | 8 | — | |||||||||||||||||||||||||||||
$ | 22,300 | $ | 20,694 | $ | — | |||||||||||||||||||||||||||
December 31, 2013 | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 3,516 | $ | 3,498 | $ | — | ||||||||||||||||||||||||||
One-to-four family residential real estate – non owner occupied | 1,190 | 1,143 | — | |||||||||||||||||||||||||||||
Multi-family mortgage | 8,142 | 7,098 | 228 | |||||||||||||||||||||||||||||
Nonresidential real estate | 4,748 | 4,214 | — | |||||||||||||||||||||||||||||
Land | 387 | 382 | — | |||||||||||||||||||||||||||||
Commercial loans – secured | 77 | 77 | — | |||||||||||||||||||||||||||||
Consumer | 12 | 12 | — | |||||||||||||||||||||||||||||
$ | 18,072 | $ | 16,424 | $ | 228 | |||||||||||||||||||||||||||
Past Due Financing Receivables | ' | |||||||||||||||||||||||||||||||
The following tables present the aging of the recorded investment of loans at March 31, 2014 by class of loans: | ||||||||||||||||||||||||||||||||
30-59 Days | 60-89 Days | 90 Days or | Total Past | Loans Not | Total | |||||||||||||||||||||||||||
Past Due | Past Due | Greater | Due | Past Due | ||||||||||||||||||||||||||||
Past Due | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 598 | $ | 1,295 | $ | 3,351 | $ | 5,244 | $ | 138,288 | $ | 143,532 | ||||||||||||||||||||
One-to-four family residential real estate - non-owner occupied | 143 | — | 1,002 | 1,145 | 52,521 | 53,666 | ||||||||||||||||||||||||||
Multi-family mortgage | 3,748 | 547 | 5,235 | 9,530 | 318,791 | 328,321 | ||||||||||||||||||||||||||
Wholesale commercial lending | — | — | — | — | 85,942 | 85,942 | ||||||||||||||||||||||||||
Nonresidential real estate | 1,177 | 1,842 | 7,821 | 10,840 | 238,840 | 249,680 | ||||||||||||||||||||||||||
Construction | — | — | — | — | 93 | 93 | ||||||||||||||||||||||||||
Land | — | — | 269 | 269 | 3,002 | 3,271 | ||||||||||||||||||||||||||
Commercial loans: | ||||||||||||||||||||||||||||||||
Secured | 85 | — | — | 85 | 11,916 | 12,001 | ||||||||||||||||||||||||||
Unsecured | 18 | — | — | 18 | 3,360 | 3,378 | ||||||||||||||||||||||||||
Municipal | — | — | — | — | 2,531 | 2,531 | ||||||||||||||||||||||||||
Warehouse lines | 22 | — | — | 22 | 8,276 | 8,298 | ||||||||||||||||||||||||||
Health care | — | — | — | — | 17,470 | 17,470 | ||||||||||||||||||||||||||
Aviation | — | — | — | — | 1,090 | 1,090 | ||||||||||||||||||||||||||
Other | — | — | — | — | 9,024 | 9,024 | ||||||||||||||||||||||||||
Commercial leases: | ||||||||||||||||||||||||||||||||
Investment rated commercial leases | 249 | — | — | 249 | 147,115 | 147,364 | ||||||||||||||||||||||||||
Below investment grade | 153 | — | 8 | 161 | 12,979 | 13,140 | ||||||||||||||||||||||||||
Non-rated | 18 | — | — | 18 | 23,616 | 23,634 | ||||||||||||||||||||||||||
Lease pools | — | — | — | — | 2,430 | 2,430 | ||||||||||||||||||||||||||
Consumer | 3 | — | — | 3 | 2,482 | 2,485 | ||||||||||||||||||||||||||
$ | 6,214 | $ | 3,684 | $ | 17,686 | $ | 27,584 | $ | 1,079,766 | $ | 1,107,350 | |||||||||||||||||||||
at December 31, 2013 by class of loans: | ||||||||||||||||||||||||||||||||
30-59 Days | 60-89 Days | 90 Days or | Total Past | Loans Not | Total | |||||||||||||||||||||||||||
Past Due | Past Due | Greater | Due | Past Due | ||||||||||||||||||||||||||||
Past Due | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 751 | $ | 424 | $ | 2,876 | $ | 4,051 | $ | 142,058 | $ | 146,109 | ||||||||||||||||||||
One-to-four family residential real estate - non-owner occupied | 905 | — | 960 | 1,865 | 52,676 | 54,541 | ||||||||||||||||||||||||||
Multi-family mortgage | 2,193 | 1,716 | 6,354 | 10,263 | 303,903 | 314,166 | ||||||||||||||||||||||||||
Wholesale commercial lending | — | — | — | — | 78,531 | 78,531 | ||||||||||||||||||||||||||
Nonresidential real estate | 4,432 | 1,363 | 3,969 | 9,764 | 249,194 | 258,958 | ||||||||||||||||||||||||||
Construction | — | 2,486 | 2,486 | |||||||||||||||||||||||||||||
Land | — | — | 382 | 382 | 3,684 | 4,066 | ||||||||||||||||||||||||||
Commercial loans: | ||||||||||||||||||||||||||||||||
Secured | 9 | — | — | 9 | 15,971 | 15,980 | ||||||||||||||||||||||||||
Unsecured | 25 | — | — | 25 | 4,117 | 4,142 | ||||||||||||||||||||||||||
Municipal | — | — | — | — | 2,849 | 2,849 | ||||||||||||||||||||||||||
Warehouse lines | — | — | — | — | 1,927 | 1,927 | ||||||||||||||||||||||||||
Health care | — | — | — | — | 19,381 | 19,381 | ||||||||||||||||||||||||||
Aviation | — | — | — | — | 1,102 | 1,102 | ||||||||||||||||||||||||||
Other | — | — | — | — | 9,006 | 9,006 | ||||||||||||||||||||||||||
Commercial leases: | ||||||||||||||||||||||||||||||||
Investment rated commercial leases | — | — | — | — | 147,374 | 147,374 | ||||||||||||||||||||||||||
Below investment grade | 8 | — | — | 8 | 14,739 | 14,747 | ||||||||||||||||||||||||||
Non-rated | — | — | — | — | 23,175 | 23,175 | ||||||||||||||||||||||||||
Lease pools | — | — | — | — | 3,011 | 3,011 | ||||||||||||||||||||||||||
Consumer | 3 | 4 | 4 | 11 | 2,317 | 2,328 | ||||||||||||||||||||||||||
$ | 8,326 | $ | 3,507 | $ | 14,545 | $ | 26,378 | $ | 1,077,501 | $ | 1,103,879 | |||||||||||||||||||||
30-59 Days | 60-89 Days | 90 Days or | Total Past | Loans Not | Total | |||||||||||||||||||||||||||
Past Due | Past Due | Greater | Due | Past Due | ||||||||||||||||||||||||||||
Past Due | ||||||||||||||||||||||||||||||||
Purchased impaired loans | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate - non-owner occupied | $ | — | $ | — | $ | 100 | $ | 100 | $ | — | $ | 100 | ||||||||||||||||||||
Nonresidential real estate | — | — | 1,631 | 1,631 | — | 1,631 | ||||||||||||||||||||||||||
Commercial loans – secured | — | — | 23 | 23 | — | 23 | ||||||||||||||||||||||||||
$ | — | $ | — | $ | 1,754 | $ | 1,754 | $ | — | $ | 1,754 | |||||||||||||||||||||
Recorded Investment In Past Due Purchased Impaired Loans | ' | |||||||||||||||||||||||||||||||
30-59 Days | 60-89 Days | 90 Days or | Total Past | Loans Not | Total | |||||||||||||||||||||||||||
Past Due | Past Due | Greater | Due | Past Due | ||||||||||||||||||||||||||||
Past Due | ||||||||||||||||||||||||||||||||
Purchased impaired loans | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate - non-owner occupied | $ | — | $ | — | $ | 101 | $ | 101 | $ | — | $ | 101 | ||||||||||||||||||||
Nonresidential real estate | — | — | 153 | 153 | — | 153 | ||||||||||||||||||||||||||
Commercial – secured | — | — | 23 | 23 | — | 23 | ||||||||||||||||||||||||||
$ | — | $ | — | $ | 277 | $ | 277 | $ | — | $ | 277 | |||||||||||||||||||||
30-59 Days | 60-89 Days | 90 Days or | Total Past | Loans Not | Total | |||||||||||||||||||||||||||
Past Due | Past Due | Greater | Due | Past Due | ||||||||||||||||||||||||||||
Past Due | ||||||||||||||||||||||||||||||||
Purchased impaired loans | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate - non-owner occupied | $ | — | $ | — | $ | 100 | $ | 100 | $ | — | $ | 100 | ||||||||||||||||||||
Nonresidential real estate | — | — | 1,631 | 1,631 | — | 1,631 | ||||||||||||||||||||||||||
Commercial loans – secured | — | — | 23 | 23 | — | 23 | ||||||||||||||||||||||||||
$ | — | $ | — | $ | 1,754 | $ | 1,754 | $ | — | $ | 1,754 | |||||||||||||||||||||
Troubled Debt Restructurings on Financing Receivables | ' | |||||||||||||||||||||||||||||||
The following table presents loans classified as TDRs: | ||||||||||||||||||||||||||||||||
March 31, 2014 | December 31, 2013 | |||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 2,108 | $ | 2,093 | ||||||||||||||||||||||||||||
Multi-family mortgage | 522 | 518 | ||||||||||||||||||||||||||||||
Troubled debt restructured loans – accrual loans | 2,630 | 2,611 | ||||||||||||||||||||||||||||||
One-to-four family residential real estate | 384 | 342 | ||||||||||||||||||||||||||||||
Multi-family mortgage | 384 | 384 | ||||||||||||||||||||||||||||||
Troubled debt restructured loans – nonaccrual loans | 768 | 726 | ||||||||||||||||||||||||||||||
Total troubled debt restructured loans | $ | 3,398 | $ | 3,337 | ||||||||||||||||||||||||||||
Loans By Class Modified As Troubled Debt Restructuring On Financing Receivables | ' | |||||||||||||||||||||||||||||||
Three Months Ended March 31, | ||||||||||||||||||||||||||||||||
2014 | 2013 | |||||||||||||||||||||||||||||||
Number | Pre- | Post- | Number | Pre- | Post- | |||||||||||||||||||||||||||
of loans | Modification | Modification | of loans | Modification | Modification | |||||||||||||||||||||||||||
outstanding | outstanding | outstanding | outstanding | |||||||||||||||||||||||||||||
recorded | recorded | recorded | recorded | |||||||||||||||||||||||||||||
investment | investment | investment | investment | |||||||||||||||||||||||||||||
One-to-four family residential real estate | 2 | $ | 121 | $ | 80 | 1 | $ | 384 | $ | 384 | ||||||||||||||||||||||
Due to | Due to | Due to | Total | |||||||||||||||||||||||||||||
reduction in | extension of | permanent | ||||||||||||||||||||||||||||||
interest rate | maturity date | reduction in | ||||||||||||||||||||||||||||||
recorded | ||||||||||||||||||||||||||||||||
investment | ||||||||||||||||||||||||||||||||
For the Three Months Ended March 31, 2014 | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | — | $ | 28 | $ | 52 | $ | 80 | ||||||||||||||||||||||||
Due to | Due to | Due to | Total | |||||||||||||||||||||||||||||
reduction in | extension of | permanent | ||||||||||||||||||||||||||||||
interest rate | maturity date | reduction in | ||||||||||||||||||||||||||||||
recorded | ||||||||||||||||||||||||||||||||
investment | ||||||||||||||||||||||||||||||||
For the Three Months Ended March 31, 2013 | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | — | $ | 384 | $ | — | $ | 384 | ||||||||||||||||||||||||
The TDRs described above had no material impact on interest income, resulted in no change to the allowance for loan losses allocated and resulted in charge-offs of $41,000 for the three months ended March 31, 2014. The TDRs had no impact on interest income, resulted in no change to the allowance for loan losses allocated and resulted in no charge-offs for the three months ended March 31, 2013. | ||||||||||||||||||||||||||||||||
Loans By Class Modified As Troubled Debt Restructurings With Payment Default | ' | |||||||||||||||||||||||||||||||
There were no TDRs for which there was a payment default during the three months ended March 31, 2014 and 2013 within twelve months following the modification. | ||||||||||||||||||||||||||||||||
Financing Receivable Credit Quality Indicators | ' | |||||||||||||||||||||||||||||||
As of March 31, 2014, based on the most recent analysis performed, the risk categories of loans by class of loans are as follows: | ||||||||||||||||||||||||||||||||
Pass | Special | Substandard | Nonaccrual | Total | ||||||||||||||||||||||||||||
Mention | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 136,175 | $ | 625 | $ | 3,003 | $ | 3,983 | $ | 143,786 | ||||||||||||||||||||||
One-to-four family residential real estate - non-owner occupied | 52,214 | — | 687 | 1,144 | 54,045 | |||||||||||||||||||||||||||
Multi-family mortgage | 314,560 | 4,550 | 4,739 | 6,412 | 330,261 | |||||||||||||||||||||||||||
Wholesale commercial lending | 84,928 | — | 1,167 | — | 86,095 | |||||||||||||||||||||||||||
Nonresidential real estate | 231,279 | 4,235 | 7,454 | 8,905 | 251,873 | |||||||||||||||||||||||||||
Construction | 89 | — | — | — | 89 | |||||||||||||||||||||||||||
Land | 2,800 | 128 | 109 | 270 | 3,307 | |||||||||||||||||||||||||||
Commercial loans: | ||||||||||||||||||||||||||||||||
Secured | 11,818 | — | 74 | 100 | 11,992 | |||||||||||||||||||||||||||
Unsecured | 2,437 | 60 | 878 | — | 3,375 | |||||||||||||||||||||||||||
Municipal | 2,515 | — | — | — | 2,515 | |||||||||||||||||||||||||||
Warehouse lines | 9,021 | — | — | — | 9,021 | |||||||||||||||||||||||||||
Health care | 17,425 | — | — | — | 17,425 | |||||||||||||||||||||||||||
Aviation | 1,089 | — | — | — | 1,089 | |||||||||||||||||||||||||||
Other | 8,244 | — | — | — | 8,244 | |||||||||||||||||||||||||||
Commercial leases: | ||||||||||||||||||||||||||||||||
Investment rated commercial leases | 146,500 | — | — | — | 146,500 | |||||||||||||||||||||||||||
Below investment grade | 13,055 | — | — | 8 | 13,063 | |||||||||||||||||||||||||||
Non-rated | 23,308 | — | 184 | — | 23,492 | |||||||||||||||||||||||||||
Lease pools | 2,419 | — | — | — | 2,419 | |||||||||||||||||||||||||||
Consumer | 2,475 | — | 1 | — | 2,476 | |||||||||||||||||||||||||||
Total | $ | 1,062,351 | $ | 9,598 | $ | 18,296 | $ | 20,822 | $ | 1,111,067 | ||||||||||||||||||||||
As of December 31, 2013, based on the most recent analysis performed, the risk categories of loans by class of loans are as follows: | ||||||||||||||||||||||||||||||||
Pass | Special | Substandard | Nonaccrual | Total | ||||||||||||||||||||||||||||
Mention | ||||||||||||||||||||||||||||||||
One-to-four family residential real estate | $ | 140,716 | $ | 269 | $ | 1,941 | $ | 3,508 | $ | 146,434 | ||||||||||||||||||||||
One-to-four family residential real estate - non-owner occupied | 53,010 | — | 693 | 1,245 | 54,948 | |||||||||||||||||||||||||||
Multi-family mortgage | 300,230 | 6,471 | 3,890 | 7,031 | 317,622 | |||||||||||||||||||||||||||
Wholesale commercial lending | 74,569 | 2,694 | 1,173 | — | 78,436 | |||||||||||||||||||||||||||
Nonresidential real estate | 237,751 | 6,306 | 13,645 | 5,865 | 263,567 | |||||||||||||||||||||||||||
Construction | 2,484 | — | — | — | 2,484 | |||||||||||||||||||||||||||
Land | 2,871 | — | 832 | 383 | 4,086 | |||||||||||||||||||||||||||
Commercial loans: | ||||||||||||||||||||||||||||||||
Secured | 15,824 | — | 78 | 100 | 16,002 | |||||||||||||||||||||||||||
Unsecured | 3,173 | 67 | 899 | — | 4,139 | |||||||||||||||||||||||||||
Municipal | 2,812 | — | — | — | 2,812 | |||||||||||||||||||||||||||
Warehouse lines | 1,904 | — | — | — | 1,904 | |||||||||||||||||||||||||||
Health care | 19,330 | — | — | — | 19,330 | |||||||||||||||||||||||||||
Aviation | 1,100 | — | — | — | 1,100 | |||||||||||||||||||||||||||
Other | 8,968 | — | — | — | 8,968 | |||||||||||||||||||||||||||
Commercial leases: | ||||||||||||||||||||||||||||||||
Investment rated commercial leases | 146,471 | — | — | — | 146,471 | |||||||||||||||||||||||||||
Below investment grade | 14,626 | — | — | — | 14,626 | |||||||||||||||||||||||||||
Non-rated | 22,805 | — | 210 | — | 23,015 | |||||||||||||||||||||||||||
Lease pools | 3,000 | — | — | — | 3,000 | |||||||||||||||||||||||||||
Consumer | 2,316 | — | 1 | — | 2,317 | |||||||||||||||||||||||||||
Total | $ | 1,053,960 | $ | 15,807 | $ | 23,362 | $ | 18,132 | $ | 1,111,261 | ||||||||||||||||||||||
Fair_Value_Tables
Fair Value (Tables) | 3 Months Ended | |||||||||||||||||||
Mar. 31, 2014 | ||||||||||||||||||||
Fair Value Disclosures [Abstract] | ' | |||||||||||||||||||
Schedule of Company's financial instruments measured at fair values | ' | |||||||||||||||||||
The following table sets forth the Company’s financial assets that were accounted for at fair value and are classified in their entirety based on the lowest level of input that is significant to the fair value measurement. | ||||||||||||||||||||
Fair Value Measurements Using | ||||||||||||||||||||
Quoted | Significant | Significant | Fair | |||||||||||||||||
Prices in | Observable | Unobservable | Value | |||||||||||||||||
Active | Inputs | Inputs | ||||||||||||||||||
Markets for | (Level 2) | (Level 3) | ||||||||||||||||||
Identical | ||||||||||||||||||||
Assets | ||||||||||||||||||||
(Level 1) | ||||||||||||||||||||
March 31, 2014 | ||||||||||||||||||||
Securities: | ||||||||||||||||||||
Certificates of deposit | $ | — | $ | 75,621 | $ | — | $ | 75,621 | ||||||||||||
Municipal securities | — | 185 | — | 185 | ||||||||||||||||
Equity mutual fund | 500 | — | — | 500 | ||||||||||||||||
Mortgage-backed securities – residential | — | 27,181 | — | 27,181 | ||||||||||||||||
Collateralized mortgage obligations – residential | — | 12,456 | — | 12,456 | ||||||||||||||||
SBA-guaranteed loan participation certificates | — | 34 | — | 34 | ||||||||||||||||
$ | 500 | $ | 115,477 | $ | — | $ | 115,977 | |||||||||||||
December 31, 2013 | ||||||||||||||||||||
Securities: | ||||||||||||||||||||
Certificates of deposit | $ | — | $ | 65,010 | $ | — | $ | 65,010 | ||||||||||||
Municipal securities | — | 187 | — | 187 | ||||||||||||||||
Equity mutual fund | 497 | — | — | 497 | ||||||||||||||||
Mortgage-backed securities - residential | — | 28,364 | — | 28,364 | ||||||||||||||||
Collateralized mortgage obligations – residential | — | 16,814 | — | 16,814 | ||||||||||||||||
SBA-guaranteed loan participation certificates | — | 35 | — | 35 | ||||||||||||||||
$ | 497 | $ | 110,410 | $ | — | $ | 110,907 | |||||||||||||
Schedule of Company's financial instruments measured on non recurring at fair values | ' | |||||||||||||||||||
The following table sets forth the Company’s assets that were measured at fair value on a non-recurring basis: | ||||||||||||||||||||
Fair Value Measurement Using | ||||||||||||||||||||
Quoted | Significant | Significant | Fair | |||||||||||||||||
Prices in | Observable | Unobservable | Value | |||||||||||||||||
Active Markets | Inputs | Inputs | ||||||||||||||||||
for Identical | (Level 2) | (Level 3) | ||||||||||||||||||
Assets | ||||||||||||||||||||
(Level 1) | ||||||||||||||||||||
March 31, 2014 | ||||||||||||||||||||
Impaired loans: | ||||||||||||||||||||
One-to-four family residential real estate | $ | — | $ | — | $ | 295 | $ | 295 | ||||||||||||
Multi-family mortgage | — | — | 1,898 | 1,898 | ||||||||||||||||
Nonresidential real estate | — | — | 1,495 | 1,495 | ||||||||||||||||
Construction and land | — | — | 107 | 107 | ||||||||||||||||
$ | — | $ | — | $ | 3,795 | $ | 3,795 | |||||||||||||
Other real estate owned: | ||||||||||||||||||||
One-to-four family residential real estate | $ | — | $ | — | $ | 74 | $ | 74 | ||||||||||||
Nonresidential real estate | — | — | 172 | 172 | ||||||||||||||||
Land | — | — | 171 | 171 | ||||||||||||||||
$ | — | $ | — | $ | 417 | $ | 417 | |||||||||||||
Mortgage servicing rights | $ | — | $ | — | $ | 187 | $ | 187 | ||||||||||||
December 31, 2013 | ||||||||||||||||||||
Impaired loans: | ||||||||||||||||||||
One-to-four family residential real estate | $ | — | $ | — | $ | 460 | $ | 460 | ||||||||||||
Multi-family mortgage | — | — | 2,286 | 2,286 | ||||||||||||||||
Nonresidential real estate | — | — | 971 | 971 | ||||||||||||||||
Construction and land | — | — | 107 | 107 | ||||||||||||||||
$ | — | $ | — | $ | 3,824 | $ | 3,824 | |||||||||||||
Other real estate owned: | ||||||||||||||||||||
One-to-four family residential real estate | $ | — | $ | — | $ | 297 | $ | 297 | ||||||||||||
Nonresidential real estate | — | — | 460 | 460 | ||||||||||||||||
Land | — | — | 1,019 | 1,019 | ||||||||||||||||
$ | — | $ | — | $ | 1,776 | $ | 1,776 | |||||||||||||
Mortgage servicing rights | $ | — | $ | — | $ | 198 | $ | 198 | ||||||||||||
Schedule of fair value quantitative information | ' | |||||||||||||||||||
Fair Value | Valuation | Significant Unobservable | Range | |||||||||||||||||
Technique(s) | Input(s) | (Weighted | ||||||||||||||||||
Average) | ||||||||||||||||||||
Impaired loans: | ||||||||||||||||||||
One-to-four family residential real estate loans | $ | 295 | Sales comparison | Discount applied to valuation | 16.90% | |||||||||||||||
-17% | ||||||||||||||||||||
Multi-family mortgage loans | 1,898 | Sales comparison | Comparison between sales and income approaches | 9.5% to 16.9% | ||||||||||||||||
-13% | ||||||||||||||||||||
Income approach | Cap Rate | 11% to 13.8% | ||||||||||||||||||
-12% | ||||||||||||||||||||
Nonresidential real estate loans | 1,495 | Sales comparison | Comparison between sales and income approaches | -1.4% to 34.9% | ||||||||||||||||
(22%) | ||||||||||||||||||||
Income approach | Cap Rate | 10% | ||||||||||||||||||
Construction and land loans | 107 | Sales comparison | Discount applied to valuation | 21.80% | ||||||||||||||||
-22% | ||||||||||||||||||||
Impaired loans | $ | 3,795 | ||||||||||||||||||
Other real estate owned: | ||||||||||||||||||||
One-to-four family residential real estate | $ | 74 | Sales comparison | Discount applied to valuation | 9.60% | |||||||||||||||
-10% | ||||||||||||||||||||
Nonresidential real estate | 172 | Sales comparison | Comparison between sales and income approaches | 15.60% | ||||||||||||||||
-16% | ||||||||||||||||||||
Land | 171 | Sales comparison | Discount applied to valuation | 8.7% to 11.2% | ||||||||||||||||
-11% | ||||||||||||||||||||
Other real estate owned | $ | 417 | ||||||||||||||||||
Mortgage servicing rights | $ | 187 | Third party | Present value of future servicing income based on prepayment speeds | 11.6 % to 25.1% | |||||||||||||||
valuation | -15% | |||||||||||||||||||
Third party | Present value of future servicing income based on default rates | 12% | ||||||||||||||||||
valuation | ||||||||||||||||||||
Carrying amount and estimated fair value of financial instruments | ' | |||||||||||||||||||
The carrying amount and estimated fair value of financial instruments are as follows: | ||||||||||||||||||||
Fair Value Measurements at | ||||||||||||||||||||
March 31, 2014 Using: | ||||||||||||||||||||
Carrying | Level 1 | Level 2 | Level 3 | Total | ||||||||||||||||
Amount | ||||||||||||||||||||
Financial assets | ||||||||||||||||||||
Cash and cash equivalents | $ | 151,724 | $ | 13,869 | $ | 137,855 | $ | — | $ | 151,724 | ||||||||||
Securities | 115,977 | 500 | 115,477 | — | 115,977 | |||||||||||||||
Loans held for sale | — | — | — | — | — | |||||||||||||||
Loans receivable, net of allowance for loan losses | 1,097,888 | — | 1,038,395 | 3,795 | 1,042,190 | |||||||||||||||
FHLBC stock | 6,068 | — | — | — | N/A | |||||||||||||||
Accrued interest receivable | 3,728 | — | 3,728 | — | 3,728 | |||||||||||||||
Financial liabilities | — | |||||||||||||||||||
Noninterest-bearing demand deposits | $ | 129,732 | $ | — | $ | 129,732 | $ | — | $ | 129,732 | ||||||||||
Savings deposits | 156,174 | — | 156,174 | — | 156,174 | |||||||||||||||
NOW and money market accounts | 706,994 | — | 706,994 | — | 706,994 | |||||||||||||||
Certificates of deposit | 259,919 | — | 260,225 | — | 260,225 | |||||||||||||||
Borrowings | 2,668 | — | 2,666 | — | 2,666 | |||||||||||||||
Accrued interest payable | 101 | — | 101 | — | 101 | |||||||||||||||
Fair Value Measurements at | ||||||||||||||||||||
December 31, 2013 Using: | ||||||||||||||||||||
Carrying | Level 1 | Level 2 | Level 3 | Total | ||||||||||||||||
Amount | ||||||||||||||||||||
Financial assets | ||||||||||||||||||||
Cash and cash equivalents | $ | 160,957 | $ | 15,781 | $ | 145,176 | $ | — | $ | 160,957 | ||||||||||
Securities | 110,907 | 497 | 110,410 | — | 110,907 | |||||||||||||||
Loans held for sale | — | — | — | — | — | |||||||||||||||
Loans receivable, net of allowance for loan losses | 1,098,077 | — | 1,049,111 | 3,824 | 1,052,935 | |||||||||||||||
FHLBC stock | 6,068 | — | — | — | N/A | |||||||||||||||
Accrued interest receivable | 3,933 | — | 3,933 | — | 3,933 | |||||||||||||||
Financial liabilities | ||||||||||||||||||||
Noninterest-bearing demand deposits | $ | 126,680 | $ | — | $ | 126,680 | $ | — | $ | 126,680 | ||||||||||
Savings deposits | 149,602 | — | 149,602 | — | 149,602 | |||||||||||||||
NOW and money market accounts | 700,804 | — | 700,804 | — | 700,804 | |||||||||||||||
Certificates of deposit | 275,622 | — | 276,022 | — | 276,022 | |||||||||||||||
Borrowings | 3,055 | — | 3,057 | — | 3,057 | |||||||||||||||
Accrued interest payable | 113 | — | 113 | — | 113 | |||||||||||||||
Earnings_Per_Share_Details
Earnings Per Share (Details) (USD $) | 3 Months Ended | |
In Thousands, except Share data, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Earnings Per Share, Basic and Diluted [Abstract] | ' | ' |
Net loss available to common stockholders | $942 | $678 |
Average common shares outstanding (shares) | 21,101,966 | 21,072,966 |
Less: | ' | ' |
Unvested restricted stock shares (shares) | 25,750 | 0 |
Weighted average common shares outstanding (shares) | 20,098,655 | 19,964,028 |
Unearned Employee Stock Ownership Plan shares | -977,561 | -1,108,938 |
Add - Net effect of dilutive stock options and unvested restricted stock | 12,045 | 0 |
Weighted average diluted common shares outstanding (shares) | 20,110,700 | 19,964,028 |
Basic loss per common share (usd per share) | $0.05 | $0.03 |
Diluted earnings (loss) per common share (usd per share) | $0.05 | $0.03 |
Securities_Fair_Value_of_Secur
Securities - Fair Value of Securites (Details) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Unrealized gains and losses recognized in accumulated other comprehensive income (loss) | ' | ' |
Amortized Cost | $114,838 | $109,805 |
Available for sale securities, accumulated gross unrealized gain before tax | 1,335 | 1,337 |
Available for sale securities, accumulated gross unrealized loss before tax | -196 | -235 |
Total Fair value | 115,977 | 110,907 |
Certificates of deposit [Member] | ' | ' |
Unrealized gains and losses recognized in accumulated other comprehensive income (loss) | ' | ' |
Amortized Cost | 75,621 | 65,010 |
Available for sale securities, accumulated gross unrealized gain before tax | 0 | 0 |
Available for sale securities, accumulated gross unrealized loss before tax | 0 | 0 |
Total Fair value | 75,621 | 65,010 |
Municipal securities [Member] | ' | ' |
Unrealized gains and losses recognized in accumulated other comprehensive income (loss) | ' | ' |
Amortized Cost | 180 | 180 |
Available for sale securities, accumulated gross unrealized gain before tax | 5 | 7 |
Available for sale securities, accumulated gross unrealized loss before tax | 0 | 0 |
Total Fair value | 185 | 187 |
Equity mutual fund [Member] | ' | ' |
Unrealized gains and losses recognized in accumulated other comprehensive income (loss) | ' | ' |
Amortized Cost | 500 | 500 |
Available for sale securities, accumulated gross unrealized gain before tax | 0 | 0 |
Available for sale securities, accumulated gross unrealized loss before tax | 0 | -3 |
Total Fair value | 500 | 497 |
Mortgage - backed securities - residential [Member] | ' | ' |
Unrealized gains and losses recognized in accumulated other comprehensive income (loss) | ' | ' |
Amortized Cost | 26,017 | 27,229 |
Available for sale securities, accumulated gross unrealized gain before tax | 1,291 | 1,295 |
Available for sale securities, accumulated gross unrealized loss before tax | -127 | -160 |
Total Fair value | 27,181 | 28,364 |
Collateralized mortgage obligations - residential [Member] | ' | ' |
Unrealized gains and losses recognized in accumulated other comprehensive income (loss) | ' | ' |
Amortized Cost | 12,486 | 16,851 |
Available for sale securities, accumulated gross unrealized gain before tax | 39 | 35 |
Available for sale securities, accumulated gross unrealized loss before tax | -69 | -72 |
Total Fair value | 12,456 | 16,814 |
SBA-guaranteed loan participation certificates [Member] | ' | ' |
Unrealized gains and losses recognized in accumulated other comprehensive income (loss) | ' | ' |
Amortized Cost | 34 | 35 |
Available for sale securities, accumulated gross unrealized gain before tax | 0 | 0 |
Available for sale securities, accumulated gross unrealized loss before tax | 0 | 0 |
Total Fair value | $34 | $35 |
Securities_Amortized_Cost_and_
Securities - Amortized Cost and Fair Value (Details) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Amortized cost and fair values of securities | ' | ' |
Due in one year or less, amortized cost | $75,801 | ' |
Due in one year or less, fair value | 75,806 | ' |
Total amortized cost | 114,838 | 109,805 |
Total Fair value | 115,977 | 110,907 |
Equity mutual fund [Member] | ' | ' |
Amortized cost and fair values of securities | ' | ' |
Total amortized cost | 500 | 500 |
Total Fair value | 500 | 497 |
Mortgage - backed securities - residential [Member] | ' | ' |
Amortized cost and fair values of securities | ' | ' |
Total amortized cost | 26,017 | 27,229 |
Total Fair value | 27,181 | 28,364 |
Collateralized mortgage obligations - residential [Member] | ' | ' |
Amortized cost and fair values of securities | ' | ' |
Total amortized cost | 12,486 | 16,851 |
Total Fair value | 12,456 | 16,814 |
SBA-guaranteed loan participation certificates [Member] | ' | ' |
Amortized cost and fair values of securities | ' | ' |
Total amortized cost | 34 | 35 |
Total Fair value | $34 | $35 |
Securities_Unrealized_Losses_D
Securities - Unrealized Losses (Details) (USD $) | 3 Months Ended | 12 Months Ended |
Mar. 31, 2014 | Dec. 31, 2013 | |
Amortized cost and fair values of securities | ' | ' |
Less than 12 Months, Fair Value | $12,882,000 | $15,000 |
12 Months or More, Fair Value | 0 | 0 |
Fair Value, Total | 12,882,000 | 15,000 |
Unrealized loss of securities | ' | ' |
Less than 12 Months, Unrealized Loss | -196,000 | 0 |
12 Months or More, Unrealized Loss | 0 | 0 |
Unrealized Loss, Total | -196,000 | 0 |
Mortgage Backed Securities Residential [Member] | ' | ' |
Amortized cost and fair values of securities | ' | ' |
Less than 12 Months, Fair Value | 2,569,000 | 3,000 |
12 Months or More, Fair Value | 0 | 0 |
Fair Value, Total | 2,569,000 | 3,000 |
Unrealized loss of securities | ' | ' |
Less than 12 Months, Unrealized Loss | -127,000 | 0 |
12 Months or More, Unrealized Loss | 0 | 0 |
Unrealized Loss, Total | -127,000 | 0 |
Collateralized mortgage obligations - residential [Member] | ' | ' |
Amortized cost and fair values of securities | ' | ' |
Less than 12 Months, Fair Value | 10,313,000 | 11,000 |
12 Months or More, Fair Value | 0 | 0 |
Fair Value, Total | 10,313,000 | 11,000 |
Unrealized loss of securities | ' | ' |
Less than 12 Months, Unrealized Loss | -69,000 | -72 |
12 Months or More, Unrealized Loss | 0 | 0 |
Unrealized Loss, Total | -69,000 | 0 |
Equity Mutual Fund [Member] | ' | ' |
Amortized cost and fair values of securities | ' | ' |
Less than 12 Months, Fair Value | ' | 0 |
12 Months or More, Fair Value | ' | 0 |
Fair Value, Total | ' | 0 |
Unrealized loss of securities | ' | ' |
Less than 12 Months, Unrealized Loss | ' | 0 |
12 Months or More, Unrealized Loss | ' | 0 |
Unrealized Loss, Total | ' | $0 |
Securities_Narrative_Details
Securities - Narrative (Details) (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Proceeds and Gross Gains (Losses) from Sale of Securities [Abstract] | ' | ' |
Proceeds from Sale of Available-for-sale Securities | $3,663 | $0 |
Available-for-sale Securities, Gross Realized Gain (Loss) | $7 | ' |
Loans_Receivable_Details
Loans Receivable (Details) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||||
Loans receivable | ' | ' | ' | ' |
Total loans | $1,111,067 | $1,111,261 | ' | ' |
Net deferred loan origination costs | 1,002 | 970 | ' | ' |
Allowance for loan losses | -14,181 | -14,154 | -17,453 | -18,035 |
Loans, net | 1,097,888 | 1,098,077 | ' | ' |
One-to-four family residential real estate loans [Member] | ' | ' | ' | ' |
Loans receivable | ' | ' | ' | ' |
Total loans | 197,831 | 201,382 | ' | ' |
Allowance for loan losses | -3,533 | -3,848 | ' | ' |
Multi-family mortgage loans [Member] | ' | ' | ' | ' |
Loans receivable | ' | ' | ' | ' |
Total loans | 416,356 | 396,058 | ' | ' |
Allowance for loan losses | -4,710 | -4,444 | ' | ' |
Nonresidential real estate loans [Member] | ' | ' | ' | ' |
Loans receivable | ' | ' | ' | ' |
Total loans | 251,873 | 263,567 | ' | ' |
Allowance for loan losses | -3,972 | -3,735 | ' | ' |
Construction and land loans [Member] | ' | ' | ' | ' |
Loans receivable | ' | ' | ' | ' |
Total loans | 3,396 | 6,570 | ' | ' |
Allowance for loan losses | -256 | -393 | ' | ' |
Commercial loans [Member] | ' | ' | ' | ' |
Loans receivable | ' | ' | ' | ' |
Total loans | 53,661 | 54,255 | ' | ' |
Allowance for loan losses | -669 | -731 | ' | ' |
Commercial leases [Member] | ' | ' | ' | ' |
Loans receivable | ' | ' | ' | ' |
Total loans | 185,474 | 187,112 | ' | ' |
Allowance for loan losses | -942 | -946 | ' | ' |
Consumer loans [Member] | ' | ' | ' | ' |
Loans receivable | ' | ' | ' | ' |
Total loans | 2,476 | 2,317 | ' | ' |
Allowance for loan losses | ($99) | ($57) | ' | ' |
Loans_Receivable_Loan_Originat
Loans Receivable - Loan Origination and Risk Management (Details) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Loans and leases, amount | $1,111,067 | $1,111,261 |
Multi-family mortgage loans [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Loans and leases, amount | 416,356 | 396,058 |
Nonresidential real estate loans [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Loans and leases, amount | 251,873 | 263,567 |
Commercial leases [Member] | ' | ' |
Accounts, Notes, Loans and Financing Receivable [Line Items] | ' | ' |
Loans and leases, amount | $185,474 | $187,112 |
Loans_Receivable_Allowance_for
Loans Receivable - Allowance for Loan Losses (Details) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||||
Allowance for loan losses and the loans receivable by portfolio segment | ' | ' | ' | ' |
Individually evaluated for impairment | $484 | $370 | ' | ' |
Purchased impaired loans | 5 | 5 | ' | ' |
Collectively evaluated for impairment | 13,692 | 13,779 | ' | ' |
Allowance for loan losses | 14,181 | 14,154 | 17,453 | 18,035 |
Individually evaluated for impairment | 20,968 | 15,564 | ' | ' |
Purchased impaired loans | 277 | 1,756 | ' | ' |
Collectively evaluated for impairment | 1,089,822 | 1,093,941 | ' | ' |
Total loans | 1,111,067 | 1,111,261 | ' | ' |
Net deferred loan origination costs | 1,002 | 970 | ' | ' |
Loans, net | 1,097,888 | 1,098,077 | ' | ' |
One-to-four family residential real estate loans [Member] | ' | ' | ' | ' |
Allowance for loan losses and the loans receivable by portfolio segment | ' | ' | ' | ' |
Individually evaluated for impairment | 20 | 26 | ' | ' |
Purchased impaired loans | 5 | 5 | ' | ' |
Collectively evaluated for impairment | 3,508 | 3,817 | ' | ' |
Allowance for loan losses | 3,533 | 3,848 | ' | ' |
Individually evaluated for impairment | 3,918 | 3,692 | ' | ' |
Purchased impaired loans | 101 | 100 | ' | ' |
Collectively evaluated for impairment | 193,812 | 197,590 | ' | ' |
Total loans | 197,831 | 201,382 | ' | ' |
Multi-family mortgage loans [Member] | ' | ' | ' | ' |
Allowance for loan losses and the loans receivable by portfolio segment | ' | ' | ' | ' |
Individually evaluated for impairment | 195 | 255 | ' | ' |
Purchased impaired loans | 0 | 0 | ' | ' |
Collectively evaluated for impairment | 4,515 | 4,189 | ' | ' |
Allowance for loan losses | 4,710 | 4,444 | ' | ' |
Individually evaluated for impairment | 6,937 | 7,031 | ' | ' |
Purchased impaired loans | 0 | 0 | ' | ' |
Collectively evaluated for impairment | 409,419 | 389,027 | ' | ' |
Total loans | 416,356 | 396,058 | ' | ' |
Nonresidential real estate loans [Member] | ' | ' | ' | ' |
Allowance for loan losses and the loans receivable by portfolio segment | ' | ' | ' | ' |
Individually evaluated for impairment | 257 | 77 | ' | ' |
Purchased impaired loans | 0 | 0 | ' | ' |
Collectively evaluated for impairment | 3,715 | 3,658 | ' | ' |
Allowance for loan losses | 3,972 | 3,735 | ' | ' |
Individually evaluated for impairment | 9,758 | 4,381 | ' | ' |
Purchased impaired loans | 153 | 1,633 | ' | ' |
Collectively evaluated for impairment | 241,962 | 257,553 | ' | ' |
Total loans | 251,873 | 263,567 | ' | ' |
Construction and land loans [Member] | ' | ' | ' | ' |
Allowance for loan losses and the loans receivable by portfolio segment | ' | ' | ' | ' |
Individually evaluated for impairment | 12 | 12 | ' | ' |
Purchased impaired loans | 0 | 0 | ' | ' |
Collectively evaluated for impairment | 244 | 381 | ' | ' |
Allowance for loan losses | 256 | 393 | ' | ' |
Individually evaluated for impairment | 270 | 383 | ' | ' |
Purchased impaired loans | 0 | 0 | ' | ' |
Collectively evaluated for impairment | 3,126 | 6,187 | ' | ' |
Total loans | 3,396 | 6,570 | ' | ' |
Commercial loans [Member] | ' | ' | ' | ' |
Allowance for loan losses and the loans receivable by portfolio segment | ' | ' | ' | ' |
Individually evaluated for impairment | 0 | 0 | ' | ' |
Purchased impaired loans | 0 | 0 | ' | ' |
Collectively evaluated for impairment | 669 | 731 | ' | ' |
Allowance for loan losses | 669 | 731 | ' | ' |
Individually evaluated for impairment | 0 | 0 | ' | ' |
Purchased impaired loans | 23 | 23 | ' | ' |
Collectively evaluated for impairment | 53,638 | 54,232 | ' | ' |
Total loans | 53,661 | 54,255 | ' | ' |
Commercial leases [Member] | ' | ' | ' | ' |
Allowance for loan losses and the loans receivable by portfolio segment | ' | ' | ' | ' |
Individually evaluated for impairment | 0 | 0 | ' | ' |
Purchased impaired loans | 0 | 0 | ' | ' |
Collectively evaluated for impairment | 942 | 946 | ' | ' |
Allowance for loan losses | 942 | 946 | ' | ' |
Individually evaluated for impairment | 8 | 0 | ' | ' |
Purchased impaired loans | 0 | 0 | ' | ' |
Collectively evaluated for impairment | 185,466 | 187,112 | ' | ' |
Total loans | 185,474 | 187,112 | ' | ' |
Consumer loans [Member] | ' | ' | ' | ' |
Allowance for loan losses and the loans receivable by portfolio segment | ' | ' | ' | ' |
Individually evaluated for impairment | 0 | 0 | ' | ' |
Purchased impaired loans | 0 | 0 | ' | ' |
Collectively evaluated for impairment | 99 | 57 | ' | ' |
Allowance for loan losses | 99 | 57 | ' | ' |
Individually evaluated for impairment | 77 | 77 | ' | ' |
Purchased impaired loans | 0 | 0 | ' | ' |
Collectively evaluated for impairment | 2,399 | 2,240 | ' | ' |
Total loans | $2,476 | $2,317 | ' | ' |
Loans_Receivable_Activity_in_t
Loans Receivable - Activity in the Allowance for Loan Losses (Details) (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' |
Beginning balance | $14,154 | $18,035 |
Loans charged off | 754 | 1,630 |
Recoveries | 305 | 326 |
Net charge-off | 449 | 1,304 |
Provision for loan losses | 476 | 722 |
Ending balance | 14,181 | 17,453 |
One-to-four family residential real estate loans [Member] | ' | ' |
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' |
Beginning balance | 3,848 | ' |
Loans charged off | -56 | -369 |
Recoveries | 11 | 242 |
Ending balance | 3,533 | ' |
Multi-family mortgage loans [Member] | ' | ' |
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' |
Beginning balance | 4,444 | ' |
Loans charged off | -90 | -236 |
Recoveries | 14 | 57 |
Ending balance | 4,710 | ' |
Nonresidential real estate loans [Member] | ' | ' |
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' |
Beginning balance | 3,735 | ' |
Loans charged off | -580 | -79 |
Recoveries | 20 | 19 |
Ending balance | 3,972 | ' |
Construction and land loans [Member] | ' | ' |
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' |
Beginning balance | 393 | ' |
Loans charged off | 0 | -927 |
Recoveries | 250 | 2 |
Ending balance | 256 | ' |
Commercial loans [Member] | ' | ' |
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' |
Beginning balance | 731 | ' |
Loans charged off | -22 | -19 |
Recoveries | 8 | 5 |
Ending balance | 669 | ' |
Commercial leases [Member] | ' | ' |
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' |
Beginning balance | 946 | ' |
Loans charged off | 0 | 0 |
Ending balance | 942 | ' |
Consumer loans [Member] | ' | ' |
Allowance for Loan and Lease Losses [Roll Forward] | ' | ' |
Beginning balance | 57 | ' |
Loans charged off | -6 | 0 |
Recoveries | 2 | 1 |
Ending balance | $99 | ' |
Loans_Receivable_Loans_Individ
Loans Receivable - Loans Individually Evaluated for Impairment (Details) (USD $) | 3 Months Ended | 12 Months Ended | 3 Months Ended | 12 Months Ended | 3 Months Ended | 12 Months Ended | 3 Months Ended | 12 Months Ended | 3 Months Ended | 3 Months Ended | 12 Months Ended | 3 Months Ended | 12 Months Ended | 3 Months Ended | 12 Months Ended | 3 Months Ended | |||||
In Thousands, unless otherwise specified | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Mar. 31, 2014 | Mar. 31, 2013 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Mar. 31, 2014 | Dec. 31, 2013 |
One-to-four family residential real estate loans [Member] | One-to-four family residential real estate loans [Member] | One-to-four family residential real estate loans - non-owner occupied loans [Member] | One-to-four family residential real estate loans - non-owner occupied loans [Member] | Multi-family mortgage loans [Member] | Multi-family mortgage loans [Member] | Multi Family Mortgage Loans without wholesale [Member] [Member] | Wholesale commercial lending [Member] | Wholesale commercial lending [Member] | Wholesale commercial lending [Member] | Nonresidential real estate loans [Member] | Nonresidential real estate loans [Member] | Land loans [Member] | Land loans [Member] | Commercial loans - secured [Member] | Commercial loans - secured [Member] | Commercial loans - other [Member] | Consumer loans [Member] | Consumer loans [Member] | |||
Loans individually evaluated for impairment by class loans | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loan Balance | $20,104 | $14,410 | $4,243 | $3,656 | $835 | $875 | $5,294 | $5,466 | ' | $524 | $0 | ' | $8,963 | $4,062 | $160 | $274 | $77 | $77 | $8 | ' | ' |
Recorded Investment | 16,651 | 11,348 | 2,865 | 2,540 | 776 | 706 | 4,297 | 4,449 | ' | 524 | 0 | ' | 7,954 | 3,313 | 150 | 263 | 77 | 77 | 8 | ' | ' |
Partial Charge-off | 1,805 | 1,504 | 1,356 | 1,102 | 43 | 137 | 4 | 4 | ' | 0 | ' | 0 | 394 | 253 | 8 | 8 | 0 | 0 | 0 | ' | ' |
Average Investment in Impaired Loans | 12,440 | 14,994 | 2,598 | 3,693 | 788 | 591 | 4,281 | 6,098 | ' | 131 | 306 | ' | 4,385 | 4,054 | 178 | 169 | 77 | 83 | 2 | ' | ' |
Interest Income Recognized | 39 | 80 | 4 | 20 | 0 | 0 | 10 | 27 | ' | 8 | 0 | ' | 16 | 33 | 0 | 0 | 1 | 0 | 0 | ' | ' |
Loan Balance (With an allowance recorded) | 5,574 | 5,157 | ' | ' | 383 | 490 | 2,586 | 3,144 | ' | ' | ' | ' | 2,425 | 1,343 | 180 | 180 | ' | ' | ' | ' | ' |
Recorded Investment (With an allowance recorded) | 4,231 | 4,146 | ' | ' | 267 | 438 | 2,093 | 2,541 | ' | ' | ' | ' | 1,752 | 1,048 | 119 | 119 | ' | ' | ' | ' | ' |
Partial Charge-offs (With an allowance recorded) | 1,298 | 926 | ' | ' | 127 | 38 | 470 | 573 | ' | ' | ' | ' | 641 | 255 | 60 | 60 | ' | ' | ' | ' | ' |
Allowance for loan losses (With an allowance recorded) | 484 | 370 | 20 | 26 | 20 | 26 | 195 | 255 | 195 | ' | ' | ' | 257 | 77 | 12 | 12 | ' | ' | ' | 0 | 0 |
Average Investment in Impaired Loans (With an allowance recorded) | 3,725 | 6,804 | ' | ' | 343 | 393 | 2,256 | 2,998 | ' | ' | ' | ' | 1,007 | 2,148 | 119 | 1,265 | ' | ' | ' | ' | ' |
Impaired Financing Receivable, with Related Allowance, Interest Income, Cash Basis Method | 25 | 142 | ' | ' | 0 | 2 | 9 | 125 | ' | ' | ' | ' | 16 | 15 | 0 | 0 | ' | ' | ' | ' | ' |
Impaired Loan, Total | 25,678 | 19,567 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Recorded Investment, Total | 20,882 | 15,494 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Partial Charge-offs, Total | 3,103 | 2,430 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Average Investment in Impaired Loans, Total | 16,165 | 21,798 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest Income Recognized, Total | $64 | $222 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loans_Receivable_Carrying_Amou
Loans Receivable - Carrying Amount (Details) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Carrying amount of purchased impaired loans | ' | ' |
Purchased impaired loans | $277 | $1,756 |
Carrying amount, net of allowance ($5 at March 31, 2014 and December 31, 2013) | 5 | 5 |
Financing Receivable, Acquired with Deteriorated Credit Quality, net of allowance | 272 | 1,751 |
One-to-four family residential real estate loans [Member] | ' | ' |
Carrying amount of purchased impaired loans | ' | ' |
Purchased impaired loans | 101 | 100 |
Carrying amount, net of allowance ($5 at March 31, 2014 and December 31, 2013) | 5 | 5 |
Multi-family mortgage loans [Member] | ' | ' |
Carrying amount of purchased impaired loans | ' | ' |
Purchased impaired loans | 0 | 0 |
Carrying amount, net of allowance ($5 at March 31, 2014 and December 31, 2013) | 0 | 0 |
Nonresidential real estate loans [Member] | ' | ' |
Carrying amount of purchased impaired loans | ' | ' |
Purchased impaired loans | 153 | 1,633 |
Carrying amount, net of allowance ($5 at March 31, 2014 and December 31, 2013) | 0 | 0 |
Commercial loans [Member] | ' | ' |
Carrying amount of purchased impaired loans | ' | ' |
Purchased impaired loans | $23 | $23 |
Loans_Receivable_Accretable_Yi
Loans Receivable - Accretable Yield (Details) (USD $) | 3 Months Ended | |
Mar. 31, 2014 | Mar. 31, 2013 | |
Receivables [Abstract] | ' | ' |
Allowance for Loan and Lease Losses, Period Increase (Decrease) | $0 | $9,000 |
Accretable yield, or income expected to be collected, related to purchased impaired loans | ' | ' |
Beginning balance | 37,000 | 196,000 |
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Accretable Yield, Reclassifications from Nonaccretable Difference | -2,000 | ' |
Accretion of income | 18,000 | 50,000 |
Ending balance | $17,000 | $146,000 |
Loans_Receivable_Contractually
Loans Receivable - Contractually Required Payments (Details) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities Acquired During Period [Line Items] | ' | ' |
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Acquired During Period, Cash Flows Expected to be Collected at Acquisition | $18,800,000 | ' |
Certain Loans Acquired in Transfer Not Accounted for as Debt Securities, Acquired During Period, at Acquisition, at Fair Value | 15,400,000 | ' |
Purchased impaired loans at the date of acquisition | ' | ' |
Contractually required payments receivable of loans purchased, Total | 1,257,000 | 3,053,000 |
One-to-four family residential real estate loans [Member] | ' | ' |
Purchased impaired loans at the date of acquisition | ' | ' |
Contractually required payments receivable of loans purchased, Total | 832,000 | 832,000 |
Nonresidential real estate loans [Member] | ' | ' |
Purchased impaired loans at the date of acquisition | ' | ' |
Contractually required payments receivable of loans purchased, Total | 203,000 | 1,999,000 |
Commercial loans [Member] | ' | ' |
Purchased impaired loans at the date of acquisition | ' | ' |
Contractually required payments receivable of loans purchased, Total | $222,000 | $222,000 |
Loans_Receivable_Nonaccrual_Lo
Loans Receivable - Nonaccrual Loans (Details) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' |
Reserve For Uncollected Loan Interest | $1,409 | $1,300 |
Unpaid Principal Balance | 22,300 | 18,072 |
Recorded investment in nonaccrual and loans past due over 90 days | ' | ' |
Recorded Investment | 20,694 | 16,424 |
Loans Past Due Over 90 Days, still accruing | 0 | 228 |
One-to-four family residential real estate loans [Member] | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' |
Unpaid Principal Balance | 3,989 | 3,516 |
Recorded investment in nonaccrual and loans past due over 90 days | ' | ' |
Recorded Investment | 3,965 | 3,498 |
Loans Past Due Over 90 Days, still accruing | 0 | 0 |
One-to-four family residential real estate loans - non-owner occupied loans [Member] | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' |
Unpaid Principal Balance | 1,047 | 1,190 |
Recorded investment in nonaccrual and loans past due over 90 days | ' | ' |
Recorded Investment | 1,043 | 1,143 |
Loans Past Due Over 90 Days, still accruing | 0 | 0 |
Multi-family mortgage loans [Member] | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' |
Unpaid Principal Balance | 7,625 | 8,142 |
Recorded investment in nonaccrual and loans past due over 90 days | ' | ' |
Recorded Investment | 6,617 | 7,098 |
Loans Past Due Over 90 Days, still accruing | 0 | 228 |
Nonresidential real estate loans [Member] | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' |
Unpaid Principal Balance | 9,281 | 4,748 |
Recorded investment in nonaccrual and loans past due over 90 days | ' | ' |
Recorded Investment | 8,715 | 4,214 |
Loans Past Due Over 90 Days, still accruing | 0 | 0 |
Land loans [Member] | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' |
Unpaid Principal Balance | 273 | 387 |
Recorded investment in nonaccrual and loans past due over 90 days | ' | ' |
Recorded Investment | 269 | 382 |
Loans Past Due Over 90 Days, still accruing | 0 | 0 |
Commercial loans - secured [Member] | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' |
Unpaid Principal Balance | 77 | 77 |
Recorded investment in nonaccrual and loans past due over 90 days | ' | ' |
Recorded Investment | 77 | 77 |
Loans Past Due Over 90 Days, still accruing | 0 | 0 |
Commercial loans - unsecured [Member] | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' |
Unpaid Principal Balance | ' | 12 |
Recorded investment in nonaccrual and loans past due over 90 days | ' | ' |
Recorded Investment | ' | 12 |
Loans Past Due Over 90 Days, still accruing | ' | 0 |
Non-rated commercial leases [Member] | ' | ' |
Financing Receivable, Recorded Investment, Past Due [Line Items] | ' | ' |
Unpaid Principal Balance | 8 | ' |
Recorded investment in nonaccrual and loans past due over 90 days | ' | ' |
Recorded Investment | 8 | ' |
Loans Past Due Over 90 Days, still accruing | $0 | ' |
Loans_Receivable_Past_Due_Loan
Loans Receivable - Past Due Loans (Details) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Mar. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | One-to-four family residential real estate loans [Member] | One-to-four family residential real estate loans [Member] | One-to-four family residential real estate loans - non-owner occupied loans [Member] | One-to-four family residential real estate loans - non-owner occupied loans [Member] | Multi-family mortgage loans [Member] | Multi-family mortgage loans [Member] | Wholesale commercial lending [Member] | Wholesale commercial lending [Member] | Nonresidential real estate loans [Member] | Nonresidential real estate loans [Member] | Construction loans [Member] | Construction loans [Member] | Land loans [Member] | Land loans [Member] | Commercial loans - Secured [Member] | Commercial loans - Secured [Member] | Commercial loans - Unsecured [Member] | Commercial loans - Unsecured [Member] | Commercial Loans - Municipal loans [Member] | Commercial Loans - Municipal loans [Member] | Commercial Loans - Warehouse Lines [Member] | Commercial Loans - Warehouse Lines [Member] | Commercial Loans - Health Care [Member] | Commercial Loans - Health Care [Member] | Aviation (Member) [Member] | Aviation (Member) [Member] | Commercial loans - Other [Member] | Commercial loans - Other [Member] | Commercial Leases - Investment rated commercial leases [Member] | Commercial Leases - Investment rated commercial leases [Member] | Commercial Leases - Below Investment Grade [Member] | Commercial Leases - Below Investment Grade [Member] | Commercial Leases - Non Rated [Member] | Commercial Leases - Non Rated [Member] | Commercial Leases - Lease Pools [Member] | Commercial Leases - Lease Pools [Member] | Consumer loans [Member] | Consumer loans [Member] | ||
Financing Receivable, Recorded Investment, Past Due [Abstract] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Recorded Investment, 30 to 59 Days Past Due | $6,214 | $8,326 | $598 | $751 | $143 | $905 | $3,748 | $2,193 | $0 | $0 | $1,177 | $4,432 | ' | ' | $0 | $0 | $85 | $9 | $18 | $25 | $0 | $0 | $22 | $0 | $0 | $0 | ' | ' | $0 | $0 | $249 | $0 | $153 | $8 | $18 | $0 | $0 | $0 | $3 | $3 |
Recorded Investment, 60 to 89 Days Past Due | 3,684 | 3,507 | 1,295 | 424 | 0 | 0 | 547 | 1,716 | 0 | 0 | 1,842 | 1,363 | ' | ' | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ' | ' | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 4 |
Recorded Investment, 90 Days or Greater Past Due | 17,686 | 14,545 | 3,351 | 2,876 | 1,002 | 960 | 5,235 | 6,354 | 0 | 0 | 7,821 | 3,969 | ' | ' | 269 | 382 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | ' | ' | 0 | 0 | 0 | 0 | 8 | 0 | 0 | 0 | 0 | 0 | 0 | 4 |
Recorded Investment, Total Past Due | 27,584 | 26,378 | 5,244 | 4,051 | 1,145 | 1,865 | 9,530 | 10,263 | 0 | 0 | 10,840 | 9,764 | ' | 0 | 269 | 382 | 85 | 9 | 18 | 25 | 0 | 0 | 22 | 0 | 0 | 0 | ' | ' | 0 | 0 | 249 | 0 | 161 | 8 | 18 | 0 | 0 | 0 | 3 | 11 |
Recorded investment, loans not past due | 1,079,766 | 1,077,501 | 138,288 | 142,058 | 52,521 | 52,676 | 318,791 | 303,903 | 85,942 | 78,531 | 238,840 | 249,194 | 93 | 2,486 | 3,002 | 3,684 | 11,916 | 15,971 | 3,360 | 4,117 | 2,531 | 2,849 | 8,276 | 1,927 | 17,470 | 19,381 | 1,090 | 1,102 | 9,024 | 9,006 | 147,115 | 147,374 | 12,979 | 14,739 | 23,616 | 23,175 | 2,430 | 3,011 | 2,482 | 2,317 |
Recorded investment, total | $1,107,350 | $1,103,879 | $143,532 | $146,109 | $53,666 | $54,541 | $328,321 | $314,166 | $85,942 | $78,531 | $249,680 | $258,958 | $93 | $2,486 | $3,271 | $4,066 | $12,001 | $15,980 | $3,378 | $4,142 | $2,531 | $2,849 | $8,298 | $1,927 | $17,470 | $19,381 | $1,090 | $1,102 | $9,024 | $9,006 | $147,364 | $147,374 | $13,140 | $14,747 | $23,634 | $23,175 | $2,430 | $3,011 | $2,485 | $2,328 |
Loans_Receivable_Aging_of_Reco
Loans Receivable - Aging of Recorded Investments (Details) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Mar. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | One-to-four family residential real estate loans - non-owner occupied loans [Member] | One-to-four family residential real estate loans - non-owner occupied loans [Member] | Multi-family mortgage loans [Member] | Multi-family mortgage loans [Member] | Construction loans [Member] | Construction loans [Member] | Land loans [Member] | Land loans [Member] | Commercial loans - Secured [Member] | Commercial loans - Secured [Member] | Commercial loans - Unsecured [Member] | Commercial loans - Unsecured [Member] | Purchased Impaired Loans [Member] | Purchased Impaired Loans [Member] | Purchased Impaired Loans [Member] | Purchased Impaired Loans [Member] | Purchased Impaired Loans [Member] | Purchased Impaired Loans [Member] | Purchased Impaired Loans [Member] | Purchased Impaired Loans [Member] | ||
One-to-four family residential real estate loans - non-owner occupied loans [Member] | One-to-four family residential real estate loans - non-owner occupied loans [Member] | Nonresidential real estate loans [Member] | Nonresidential real estate loans [Member] | Commercial loans - Secured [Member] | Commercial loans - Secured [Member] | |||||||||||||||||
Recorded investment in past due purchased impaired loans | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Recorded Investment, 30 to 59 Days Past Due | $6,214 | $8,326 | $143 | $905 | $3,748 | $2,193 | ' | ' | $0 | $0 | $85 | $9 | $18 | $25 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
Recorded Investment, 60 to 89 Days Past Due | 3,684 | 3,507 | 0 | 0 | 547 | 1,716 | ' | ' | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Recorded Investment, 90 Days or Greater Past Due | 17,686 | 14,545 | 1,002 | 960 | 5,235 | 6,354 | ' | ' | 269 | 382 | 0 | 0 | 0 | 0 | 277 | 1,754 | 101 | 100 | 153 | 1,631 | 23 | 23 |
Recorded Investment, Total Past Due | 27,584 | 26,378 | 1,145 | 1,865 | 9,530 | 10,263 | ' | 0 | 269 | 382 | 85 | 9 | 18 | 25 | 277 | 1,754 | 101 | 100 | 153 | 1,631 | 23 | 23 |
Recorded Investment, Loans Not Past Due | 1,079,766 | 1,077,501 | 52,521 | 52,676 | 318,791 | 303,903 | 93 | 2,486 | 3,002 | 3,684 | 11,916 | 15,971 | 3,360 | 4,117 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Recorded Investment, Total | $277 | $1,756 | ' | ' | $0 | $0 | ' | ' | ' | ' | ' | ' | ' | ' | $277 | $1,754 | $101 | $100 | $153 | $1,631 | $23 | $23 |
Loans_Receivable_Troubled_Debt
Loans Receivable - Troubled Debt Restructuring (Details) (USD $) | 3 Months Ended | ||
Mar. 31, 2014 | Mar. 31, 2013 | Dec. 31, 2013 | |
loan | loan | ||
Financing Receivable, Modifications [Line Items] | ' | ' | ' |
Outstanding Commitments To Borrowers Loans Classified As Troubled Debt Restructurings | $0 | $0 | ' |
Troubled Debt Restructurings | ' | ' | ' |
Financing receivable modifications | 3,398,000 | ' | 3,337,000 |
Troubled Debt Restructurings Value Of Decreased Interest Income | 0 | 0 | ' |
Financing Receivable, Modifications, Increase In Allowance For Loan And Leases Losses | 0 | 0 | ' |
Troubled Debt Restructuring Charge Off | 41,000 | 0 | ' |
Number Of Loans Default Subsequent Modification | 0 | 0 | ' |
Accrual Loans [Member] | ' | ' | ' |
Troubled Debt Restructurings | ' | ' | ' |
Financing receivable modifications | 2,630,000 | ' | 2,611,000 |
Non Accrual Loans [Member] | ' | ' | ' |
Troubled Debt Restructurings | ' | ' | ' |
Financing receivable modifications | 768,000 | ' | 726,000 |
One-to-four family residential real estate loans - non-owner occupied loans [Member] | Accrual Loans [Member] | ' | ' | ' |
Troubled Debt Restructurings | ' | ' | ' |
Financing receivable modifications | 2,108,000 | ' | 2,093,000 |
One-to-four family residential real estate loans - non-owner occupied loans [Member] | Non Accrual Loans [Member] | ' | ' | ' |
Troubled Debt Restructurings | ' | ' | ' |
Financing receivable modifications | 384,000 | ' | 342,000 |
Multi-family mortgage loans [Member] | Accrual Loans [Member] | ' | ' | ' |
Troubled Debt Restructurings | ' | ' | ' |
Financing receivable modifications | 522,000 | ' | 518,000 |
Multi-family mortgage loans [Member] | Non Accrual Loans [Member] | ' | ' | ' |
Troubled Debt Restructurings | ' | ' | ' |
Financing receivable modifications | 384,000 | ' | 384,000 |
Allowance for Loan and Lease Losses [Member] | ' | ' | ' |
Troubled Debt Restructurings | ' | ' | ' |
Valuation Allowances and Reserves, Balance | $53,000 | ' | $53,000 |
Loans_Receivable_Modified_Trou
Loans Receivable - Modified Troubled Debt Restructuring (Details) (USD $) | 3 Months Ended | |
Mar. 31, 2014 | Mar. 31, 2013 | |
Financing Receivable, Modifications [Line Items] | ' | ' |
Troubled Debt Restructurings Value Of Decreased Interest Income | $0 | $0 |
Loans modified | 739,000 | 324,000 |
Loans by class modified as TDRs | ' | ' |
Financing Receivable, Modifications, Increase In Allowance For Loan And Leases Losses | 0 | 0 |
Troubled Debt Restructuring Charge Off | 41,000 | 0 |
One-to-four family residential real estate loans [Member] | ' | ' |
Loans by class modified as TDRs | ' | ' |
Number of Loans | 2 | 1 |
Pre-Modification outstanding recorded investment | 121,000 | 384,000 |
Post-Modification outstanding recorded investment | 80,000 | 384,000 |
Due to reduction in interest rate | ' | 0 |
Due to extension of maturity date | 28,000 | 384,000 |
Due to permanent reduction in recorded investment | 52,000 | ' |
Total | $80,000 | $384,000 |
Loans_Receivable_Troubled_Debt1
Loans Receivable - Troubled Debt Restructuring - Payment Defaults (Details) (USD $) | 3 Months Ended | |
In Thousands, unless otherwise specified | Mar. 31, 2014 | Mar. 31, 2013 |
loan | loan | |
Loans by class modified as TDRs with payment default | ' | ' |
Number of loans | 0 | 0 |
One-to-four family residential real estate loans [Member] | ' | ' |
Financing Receivable, Modifications [Line Items] | ' | ' |
Financing Receivable Pre Modification Recorded Investment | 121 | 384 |
Loans by class modified as TDRs with payment default | ' | ' |
Financing Receivable Post Modification Recorded Investment | 80 | 384 |
Number Of Loans | 2 | 1 |
Loans_Receivable_Credit_Qualit
Loans Receivable - Credit Quality Indicators (Details) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | $1,111,067 | $1,111,261 |
One-to-four family residential real estate loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 197,831 | 201,382 |
One to Four Family Residential Real Estate Loans-Owner occupied [Member] [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 143,786 | 146,434 |
One-to-four family residential real estate loans - non-owner occupied loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 54,045 | 54,948 |
Multi-family mortgage loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 416,356 | 396,058 |
Multi Family Mortgage Loans without wholesale [Member] [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 330,261 | 317,622 |
Wholesale commercial lending [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 86,095 | 78,436 |
Nonresidential real estate loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 251,873 | 263,567 |
Construction loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 89 | 2,484 |
Land loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 3,307 | 4,086 |
Commercial loans - Secured [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 11,992 | 16,002 |
Commercial loans - Unsecured [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 3,375 | 4,139 |
Commercial Loans - Municipal loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 2,515 | 2,812 |
Commercial Loans - Warehouse Lines [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 9,021 | 1,904 |
Commercial Loans - Health Care [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 17,425 | 19,330 |
Aviation (Member) [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 1,089 | 1,100 |
Commercial loans - other [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 8,244 | 8,968 |
Commercial Leases - Investment Rated [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 146,500 | 146,471 |
Commercial Leases - Below Investment Grade [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 13,063 | 14,626 |
Commercial Leases - Non Rated [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 23,492 | 23,015 |
Commercial Leases - Lease Pools [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 2,419 | 3,000 |
Consumer loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 2,476 | 2,317 |
Doubtful [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 20,822 | 18,132 |
Doubtful [Member] | One-to-four family residential real estate loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 3,983 | 3,508 |
Doubtful [Member] | One-to-four family residential real estate loans - non-owner occupied loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 1,144 | 1,245 |
Doubtful [Member] | Multi-family mortgage loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 6,412 | 7,031 |
Doubtful [Member] | Wholesale commercial lending [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Doubtful [Member] | Nonresidential real estate loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 8,905 | 5,865 |
Doubtful [Member] | Construction loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Doubtful [Member] | Land loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 270 | 383 |
Doubtful [Member] | Commercial loans - Secured [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 100 | 100 |
Doubtful [Member] | Commercial loans - Unsecured [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Doubtful [Member] | Commercial Loans - Municipal loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Doubtful [Member] | Commercial Loans - Warehouse Lines [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Doubtful [Member] | Commercial Loans - Health Care [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Doubtful [Member] | Commercial loans - other [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Doubtful [Member] | Commercial Leases - Investment Rated [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Doubtful [Member] | Commercial Leases - Below Investment Grade [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 8 | 0 |
Doubtful [Member] | Commercial Leases - Non Rated [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Doubtful [Member] | Commercial Leases - Lease Pools [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Doubtful [Member] | Consumer loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Substandard [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 18,296 | 23,362 |
Substandard [Member] | One-to-four family residential real estate loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 3,003 | 1,941 |
Substandard [Member] | One-to-four family residential real estate loans - non-owner occupied loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 687 | 693 |
Substandard [Member] | Multi-family mortgage loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 4,739 | 3,890 |
Substandard [Member] | Wholesale commercial lending [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 1,167 | 1,173 |
Substandard [Member] | Nonresidential real estate loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 7,454 | 13,645 |
Substandard [Member] | Construction loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Substandard [Member] | Land loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 109 | 832 |
Substandard [Member] | Commercial loans - Secured [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 74 | 78 |
Substandard [Member] | Commercial loans - Unsecured [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 878 | 899 |
Substandard [Member] | Commercial Loans - Municipal loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Substandard [Member] | Commercial Loans - Warehouse Lines [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Substandard [Member] | Commercial Loans - Health Care [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Substandard [Member] | Commercial loans - other [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Substandard [Member] | Commercial Leases - Investment Rated [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Substandard [Member] | Commercial Leases - Below Investment Grade [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Substandard [Member] | Commercial Leases - Non Rated [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 184 | 210 |
Substandard [Member] | Commercial Leases - Lease Pools [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Substandard [Member] | Consumer loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 1 | 1 |
Pass [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 1,062,351 | 1,053,960 |
Pass [Member] | One-to-four family residential real estate loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 136,175 | 140,716 |
Pass [Member] | One-to-four family residential real estate loans - non-owner occupied loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 52,214 | 53,010 |
Pass [Member] | Multi-family mortgage loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 314,560 | 300,230 |
Pass [Member] | Wholesale commercial lending [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 84,928 | 74,569 |
Pass [Member] | Nonresidential real estate loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 231,279 | 237,751 |
Pass [Member] | Construction loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 89 | 2,484 |
Pass [Member] | Land loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 2,800 | 2,871 |
Pass [Member] | Commercial loans - Secured [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 11,818 | 15,824 |
Pass [Member] | Commercial loans - Unsecured [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 2,437 | 3,173 |
Pass [Member] | Commercial Loans - Municipal loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 2,515 | 2,812 |
Pass [Member] | Commercial Loans - Warehouse Lines [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 9,021 | 1,904 |
Pass [Member] | Commercial Loans - Health Care [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 17,425 | 19,330 |
Pass [Member] | Aviation (Member) [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 1,089 | 1,100 |
Pass [Member] | Commercial loans - other [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 8,244 | 8,968 |
Pass [Member] | Commercial Leases - Investment Rated [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 146,500 | 146,471 |
Pass [Member] | Commercial Leases - Below Investment Grade [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 13,055 | 14,626 |
Pass [Member] | Commercial Leases - Non Rated [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 23,308 | 22,805 |
Pass [Member] | Commercial Leases - Lease Pools [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 2,419 | 3,000 |
Pass [Member] | Consumer loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 2,475 | 2,316 |
Special Mention [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 9,598 | 15,807 |
Special Mention [Member] | One-to-four family residential real estate loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 625 | 269 |
Special Mention [Member] | One-to-four family residential real estate loans - non-owner occupied loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Special Mention [Member] | Multi-family mortgage loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 4,550 | 6,471 |
Special Mention [Member] | Wholesale commercial lending [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 2,694 |
Special Mention [Member] | Nonresidential real estate loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 4,235 | 6,306 |
Special Mention [Member] | Construction loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Special Mention [Member] | Land loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 128 | 0 |
Special Mention [Member] | Commercial loans - Secured [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Special Mention [Member] | Commercial loans - Unsecured [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 60 | 67 |
Special Mention [Member] | Commercial Loans - Municipal loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Special Mention [Member] | Commercial Loans - Warehouse Lines [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Special Mention [Member] | Commercial Loans - Health Care [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Special Mention [Member] | Commercial loans - other [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Special Mention [Member] | Commercial Leases - Investment Rated [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Special Mention [Member] | Commercial Leases - Below Investment Grade [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Special Mention [Member] | Commercial Leases - Non Rated [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Special Mention [Member] | Commercial Leases - Lease Pools [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | 0 | 0 |
Special Mention [Member] | Consumer loans [Member] | ' | ' |
Financing Receivable Credit Quality Indicators | ' | ' |
Total loans | $0 | $0 |
Loans_Receivable_Narrative_Det
Loans Receivable - Narrative (Details) (USD $) | 3 Months Ended | ||
Mar. 31, 2014 | Mar. 31, 2013 | Dec. 31, 2013 | |
Valuation and Qualifying Accounts Disclosure [Line Items] | ' | ' | ' |
Allowance for Loan and Lease Losses, Period Increase (Decrease) | $0 | $9,000 | ' |
Cash flows expected to be collected at acquisition, subject to adjustment with final purchase price adjustment | 18,800,000 | ' | ' |
Fair value of purchased impaired loans at acquisition | 15,400,000 | ' | ' |
Reserve For Uncollected Loan Interest | 1,409,000 | ' | 1,300,000 |
Financing receivable modifications | 3,398,000 | ' | 3,337,000 |
Outstanding Commitments To Borrowers Loans Classified As Troubled Debt Restructurings | 0 | 0 | ' |
Troubled Debt Restructurings Value Of Decreased Interest Income | 0 | 0 | ' |
Financing Receivable, Modifications, Increase In Allowance For Loan And Leases Losses | 0 | 0 | ' |
Charges regarding TDRs | 41,000 | 0 | ' |
Loans modified | 739,000 | 324,000 | ' |
Allowance for Loan and Lease Losses [Member] | ' | ' | ' |
Valuation and Qualifying Accounts Disclosure [Line Items] | ' | ' | ' |
Valuation of reserves allocation | $53,000 | ' | $53,000 |
Fair_Value_Financial_Assets_Ac
Fair Value - Financial Assets Accounted for at Fair Value (Details) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
In Thousands, unless otherwise specified | ||
Schedule of Company's financial instruments measured at fair values | ' | ' |
Total Fair value | $115,977 | $110,907 |
Certificates of deposit [Member] | ' | ' |
Schedule of Company's financial instruments measured at fair values | ' | ' |
Total Fair value | 75,621 | 65,010 |
SBA-guaranteed loan participation certificates [Member] | ' | ' |
Schedule of Company's financial instruments measured at fair values | ' | ' |
Total Fair value | 34 | 35 |
Nonrecurring [Member] | ' | ' |
Schedule of Company's financial instruments measured at fair values | ' | ' |
Total Fair value | 115,977 | 110,907 |
Nonrecurring [Member] | Certificates of deposit [Member] | ' | ' |
Schedule of Company's financial instruments measured at fair values | ' | ' |
Total Fair value | 75,621 | 65,010 |
Nonrecurring [Member] | Municipal securities [Member] | ' | ' |
Schedule of Company's financial instruments measured at fair values | ' | ' |
Total Fair value | 185 | 187 |
Nonrecurring [Member] | Equity mutual fund [Member] | ' | ' |
Schedule of Company's financial instruments measured at fair values | ' | ' |
Total Fair value | 500 | 497 |
Nonrecurring [Member] | Mortgage-backed securities - residential [Member] | ' | ' |
Schedule of Company's financial instruments measured at fair values | ' | ' |
Total Fair value | 27,181 | 28,364 |
Nonrecurring [Member] | Collateralized mortgage obligations - residential [Member] | ' | ' |
Schedule of Company's financial instruments measured at fair values | ' | ' |
Total Fair value | 12,456 | 16,814 |
Nonrecurring [Member] | SBA-guaranteed loan participation certificates [Member] | ' | ' |
Schedule of Company's financial instruments measured at fair values | ' | ' |
Total Fair value | 34 | 35 |
Nonrecurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' |
Schedule of Company's financial instruments measured at fair values | ' | ' |
Total Fair value | 500 | 497 |
Nonrecurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Certificates of deposit [Member] | ' | ' |
Schedule of Company's financial instruments measured at fair values | ' | ' |
Total Fair value | 0 | 0 |
Nonrecurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Municipal securities [Member] | ' | ' |
Schedule of Company's financial instruments measured at fair values | ' | ' |
Total Fair value | 0 | 0 |
Nonrecurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Mortgage-backed securities - residential [Member] | ' | ' |
Schedule of Company's financial instruments measured at fair values | ' | ' |
Total Fair value | 0 | 0 |
Nonrecurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Collateralized mortgage obligations - residential [Member] | ' | ' |
Schedule of Company's financial instruments measured at fair values | ' | ' |
Total Fair value | 0 | 0 |
Nonrecurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | SBA-guaranteed loan participation certificates [Member] | ' | ' |
Schedule of Company's financial instruments measured at fair values | ' | ' |
Total Fair value | 0 | 0 |
Nonrecurring [Member] | Significant Observable Inputs (Level 2) [Member] | ' | ' |
Schedule of Company's financial instruments measured at fair values | ' | ' |
Total Fair value | 115,477 | 110,410 |
Nonrecurring [Member] | Significant Observable Inputs (Level 2) [Member] | Equity mutual fund [Member] | ' | ' |
Schedule of Company's financial instruments measured at fair values | ' | ' |
Total Fair value | 0 | 0 |
Nonrecurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' |
Schedule of Company's financial instruments measured at fair values | ' | ' |
Total Fair value | 0 | 0 |
Nonrecurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Certificates of deposit [Member] | ' | ' |
Schedule of Company's financial instruments measured at fair values | ' | ' |
Total Fair value | 0 | 0 |
Nonrecurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Municipal securities [Member] | ' | ' |
Schedule of Company's financial instruments measured at fair values | ' | ' |
Total Fair value | 0 | 0 |
Nonrecurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Equity mutual fund [Member] | ' | ' |
Schedule of Company's financial instruments measured at fair values | ' | ' |
Total Fair value | 0 | 0 |
Nonrecurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Mortgage-backed securities - residential [Member] | ' | ' |
Schedule of Company's financial instruments measured at fair values | ' | ' |
Total Fair value | 0 | 0 |
Nonrecurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Collateralized mortgage obligations - residential [Member] | ' | ' |
Schedule of Company's financial instruments measured at fair values | ' | ' |
Total Fair value | 0 | 0 |
Nonrecurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | SBA-guaranteed loan participation certificates [Member] | ' | ' |
Schedule of Company's financial instruments measured at fair values | ' | ' |
Total Fair value | $0 | $0 |
Fair_Value_Assets_Measured_at_
Fair Value - Assets Measured at Fair Value on a Non-Recurring Basis (Details) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Impaired loans | $3,795,000 | $3,824,000 |
Fair Value, Other real estate owned | 417,000 | 1,776,000 |
One-to-four family residential real estate loans [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Impaired loans | 295,000 | 460,000 |
Fair Value, Other real estate owned | 74,000 | 297,000 |
Multi-family mortgage loans [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Impaired loans | 1,898,000 | 2,286,000 |
Construction and land loans [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Impaired loans | 107,000 | 107,000 |
Land loans [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Other real estate owned | 171,000 | 1,019,000 |
Nonrecurring [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Impaired loans | 3,795,000 | 3,824,000 |
Fair Value, Other real estate owned | 417,000 | 1,776,000 |
Mortgage servicing rights | 187,000 | 198,000 |
Nonrecurring [Member] | One-to-four family residential real estate loans [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Impaired loans | 295,000 | 460,000 |
Fair Value, Other real estate owned | 74,000 | 297,000 |
Nonrecurring [Member] | Multi-family mortgage loans [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Impaired loans | 1,898,000 | 2,286,000 |
Nonrecurring [Member] | Nonresidential real estate loans [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Impaired loans | 1,495,000 | 971,000 |
Fair Value, Other real estate owned | 172,000 | 460,000 |
Nonrecurring [Member] | Construction and land loans [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Impaired loans | 107,000 | 107,000 |
Nonrecurring [Member] | Land loans [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Other real estate owned | 171,000 | 1,019,000 |
Nonrecurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Impaired loans | 0 | 0 |
Fair Value, Other real estate owned | 0 | 0 |
Mortgage servicing rights | 0 | 0 |
Nonrecurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | One-to-four family residential real estate loans [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Impaired loans | 0 | 0 |
Fair Value, Other real estate owned | 0 | 0 |
Nonrecurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Multi-family mortgage loans [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Impaired loans | 0 | 0 |
Nonrecurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Nonresidential real estate loans [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Impaired loans | 0 | 0 |
Fair Value, Other real estate owned | 0 | 0 |
Nonrecurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Construction and land loans [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Impaired loans | 0 | 0 |
Nonrecurring [Member] | Quoted Prices in Active Markets for Identical Assets (Level 1) [Member] | Land loans [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Other real estate owned | 0 | 0 |
Nonrecurring [Member] | Significant Observable Inputs (Level 2) [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Impaired loans | 0 | 0 |
Fair Value, Other real estate owned | 0 | 0 |
Mortgage servicing rights | 0 | 0 |
Nonrecurring [Member] | Significant Observable Inputs (Level 2) [Member] | One-to-four family residential real estate loans [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Impaired loans | 0 | 0 |
Fair Value, Other real estate owned | 0 | 0 |
Nonrecurring [Member] | Significant Observable Inputs (Level 2) [Member] | Multi-family mortgage loans [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Impaired loans | 0 | 0 |
Nonrecurring [Member] | Significant Observable Inputs (Level 2) [Member] | Nonresidential real estate loans [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Impaired loans | 0 | 0 |
Fair Value, Other real estate owned | 0 | 0 |
Nonrecurring [Member] | Significant Observable Inputs (Level 2) [Member] | Construction and land loans [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Impaired loans | 0 | 0 |
Nonrecurring [Member] | Significant Observable Inputs (Level 2) [Member] | Land loans [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Other real estate owned | 0 | 0 |
Nonrecurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Impaired loans | 3,795,000 | 3,824,000 |
Fair Value, Other real estate owned | 417,000 | 1,776,000 |
Mortgage servicing rights | 187,000 | 198,000 |
Nonrecurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | One-to-four family residential real estate loans [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Impaired loans | 295,000 | ' |
Fair Value, Other real estate owned | 74,000 | ' |
Nonrecurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Multi-family mortgage loans [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Impaired loans | 1,898,000 | ' |
Nonrecurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Nonresidential real estate loans [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Impaired loans | 1,495,000 | ' |
Fair Value, Other real estate owned | 172,000 | ' |
Nonrecurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Construction and land loans [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Impaired loans | 107,000 | ' |
Nonrecurring [Member] | Significant Unobservable Inputs (Level 3) [Member] | Land loans [Member] | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' |
Fair Value, Other real estate owned | $171,000 | ' |
Fair_Value_Level_3_Fair_Value_
Fair Value - Level 3 Fair Value Measurements for Financial Instruments on a Non-recurring Basis (Details) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Mar. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Mar. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2013 | Mar. 31, 2014 | Mar. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Mar. 31, 2013 | Mar. 31, 2014 | Mar. 31, 2013 | Mar. 31, 2014 | Mar. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Mar. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Mar. 31, 2013 | Mar. 31, 2014 | Mar. 31, 2014 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Mar. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2014 | Mar. 31, 2014 | Mar. 31, 2014 | Mar. 31, 2014 | Mar. 31, 2014 |
One to Four Family Residential Real Estate Loans [Member] | One to Four Family Residential Real Estate Loans [Member] | One to Four Family Residential Real Estate Loans [Member] | One to Four Family Residential Real Estate Loans [Member] | One to Four Family Residential Real Estate Loans [Member] | One to Four Family Residential Real Estate Loans [Member] | One to Four Family Residential Real Estate Loans [Member] | One to Four Family Residential Real Estate Loans [Member] | One to Four Family Residential Real Estate Loans [Member] | One to Four Family Residential Real Estate Loans [Member] | One to Four Family Residential Real Estate Loans [Member] | One to Four Family Residential Real Estate Loans [Member] | One to Four Family Residential Real Estate Loans [Member] | One to Four Family Residential Real Estate Loans [Member] | One to Four Family Residential Real Estate Loans [Member] | One to Four Family Residential Real Estate Loans [Member] | Multi-family mortgage loans [Member] | Multi-family mortgage loans [Member] | Multi-family mortgage loans [Member] | Multi-family mortgage loans [Member] | Multi-family mortgage loans [Member] | Multi-family mortgage loans [Member] | Multi-family mortgage loans [Member] | Multi-family mortgage loans [Member] | Multi-family mortgage loans [Member] | Multi-family mortgage loans [Member] | Multi-family mortgage loans [Member] | Multi-family mortgage loans [Member] | Multi-family mortgage loans [Member] | Multi-family mortgage loans [Member] | Multi-family mortgage loans [Member] | Multi-family mortgage loans [Member] | Multi-family mortgage loans [Member] | Multi-family mortgage loans [Member] | Multi-family mortgage loans [Member] | Multi-family mortgage loans [Member] | Multi-family mortgage loans [Member] | Nonresidential real estate loans [Member] | Nonresidential real estate loans [Member] | Nonresidential real estate loans [Member] | Nonresidential real estate loans [Member] | Nonresidential real estate loans [Member] | Nonresidential real estate loans [Member] | Commercial Real Estate [Member] | Commercial Real Estate [Member] | Commercial Real Estate [Member] | Commercial Real Estate [Member] | Commercial Real Estate [Member] | Commercial Real Estate [Member] | Commercial Real Estate [Member] | Commercial Real Estate [Member] | Commercial Real Estate [Member] | Commercial Real Estate [Member] | Commercial Real Estate [Member] | Commercial Real Estate [Member] | Commercial Real Estate [Member] | Commercial Real Estate [Member] | Commercial Real Estate [Member] | Commercial Real Estate [Member] | Commercial Real Estate [Member] | Commercial Real Estate [Member] | Commercial Real Estate [Member] | Commercial Real Estate [Member] | Construction and land loans [Member] | Construction and land loans [Member] | Construction and land loans [Member] | Construction and land loans [Member] | Construction and land loans [Member] | Construction and land loans [Member] | Construction and land loans [Member] | Construction and land loans [Member] | Construction and land loans [Member] | Construction and land loans [Member] | Land [Member] | Land [Member] | Land [Member] | Land [Member] | Land [Member] | Land [Member] | Land [Member] | Mortgage Servicing Rights [Member] | Mortgage Servicing Rights [Member] | Mortgage Servicing Rights [Member] | Mortgage Servicing Rights [Member] | Mortgage Servicing Rights [Member] | Mortgage Servicing Rights [Member] | Mortgage Servicing Rights [Member] | Mortgage Servicing Rights [Member] | Mortgage Servicing Rights [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Measurements, Nonrecurring [Member] | |||
Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Income approach [Member] | Income approach [Member] | Income approach [Member] | Income approach [Member] | Income approach [Member] | Income approach [Member] | Income approach [Member] | Income approach [Member] | Sales comparison [Member] | Sales comparison [Member] | Income approach [Member] | Income approach [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Income approach [Member] | Income approach [Member] | Income approach [Member] | Income approach [Member] | Income approach [Member] | Income approach [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Sales comparison [Member] | Third party valuation [Member] | Third party valuation [Member] | Third party valuation [Member] | Third party valuation [Member] | Third party valuation [Member] | Third party valuation [Member] | Third party valuation [Member] | Third party valuation [Member] | One to Four Family Residential Real Estate Loans [Member] | One to Four Family Residential Real Estate Loans [Member] | Multi-family mortgage loans [Member] | Multi-family mortgage loans [Member] | Commercial Real Estate [Member] | Commercial Real Estate [Member] | Construction and land loans [Member] | Construction and land loans [Member] | Land [Member] | Land [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Inputs, Level 3 [Member] | Fair Value, Inputs, Level 3 [Member] | ||||||||||||||||
Maximum [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | Minimum [Member] | Minimum [Member] | Minimum [Member] | Minimum [Member] | Weighted Average [Member] | Weighted Average [Member] | Weighted Average [Member] | Weighted Average [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | Minimum [Member] | Minimum [Member] | Minimum [Member] | Weighted Average [Member] | Weighted Average [Member] | Weighted Average [Member] | Maximum [Member] | Maximum [Member] | Minimum [Member] | Minimum [Member] | Weighted Average [Member] | Weighted Average [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | Minimum [Member] | Minimum [Member] | Minimum [Member] | Minimum [Member] | Weighted Average [Member] | Weighted Average [Member] | Weighted Average [Member] | Weighted Average [Member] | Maximum [Member] | Maximum [Member] | Minimum [Member] | Minimum [Member] | Weighted Average [Member] | Weighted Average [Member] | Maximum [Member] | Maximum [Member] | Minimum [Member] | Minimum [Member] | Weighted Average [Member] | Weighted Average [Member] | Maximum [Member] | Minimum [Member] | Weighted Average [Member] | Maximum [Member] | Maximum [Member] | Minimum [Member] | Minimum [Member] | Weighted Average [Member] | Weighted Average [Member] | One to Four Family Residential Real Estate Loans [Member] | Multi-family mortgage loans [Member] | Commercial Real Estate [Member] | Construction and land loans [Member] | Land [Member] | ||||||||||||||||||||||||||||||||||||||||||||||
Impaired Loans [Member] | Impaired Loans [Member] | Other Real Estate Owned [Member] | Other Real Estate Owned [Member] | Impaired Loans [Member] | Impaired Loans [Member] | Other Real Estate Owned [Member] | Other Real Estate Owned [Member] | Impaired Loans [Member] | Impaired Loans [Member] | Other Real Estate Owned [Member] | Other Real Estate Owned [Member] | Impaired Loans [Member] | Impaired Loans [Member] | Other Real Estate Owned [Member] | Impaired Loans [Member] | Impaired Loans [Member] | Other Real Estate Owned [Member] | Impaired Loans [Member] | Impaired Loans [Member] | Other Real Estate Owned [Member] | Impaired Loans [Member] | Impaired Loans [Member] | Impaired Loans [Member] | Impaired Loans [Member] | Impaired Loans [Member] | Impaired Loans [Member] | Impaired Loans [Member] | Impaired Loans [Member] | Other Real Estate Owned [Member] | Other Real Estate Owned [Member] | Impaired Loans [Member] | Impaired Loans [Member] | Other Real Estate Owned [Member] | Other Real Estate Owned [Member] | Impaired Loans [Member] | Impaired Loans [Member] | Other Real Estate Owned [Member] | Other Real Estate Owned [Member] | Impaired Loans [Member] | Impaired Loans [Member] | Impaired Loans [Member] | Impaired Loans [Member] | Impaired Loans [Member] | Impaired Loans [Member] | Impaired Loans [Member] | Impaired Loans [Member] | Impaired Loans [Member] | Impaired Loans [Member] | Impaired Loans [Member] | Impaired Loans [Member] | Other Real Estate Owned [Member] | Other Real Estate Owned [Member] | Other Real Estate Owned [Member] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Fair Value Inputs, Discount Rate | ' | ' | ' | ' | ' | ' | 16.94% | 12.80% | 9.60% | 9.40% | 16.94% | 7.50% | 9.60% | 5.00% | 17.00% | 10.00% | 10.00% | 8.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 21.80% | 21.20% | 21.80% | 21.20% | 21.80% | 21.20% | ' | ' | ' | ' | 11.20% | 8.70% | 11.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Fair Value, Impaired loans | $3,795,000 | $3,824,000 | $295,000 | $460,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $1,898,000 | $2,286,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $1,495,000 | $971,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $107,000 | $107,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $3,795,000 | $3,824,000 | $295,000 | $460,000 | $1,898,000 | $2,286,000 | $1,495,000 | $971,000 | $107,000 | $107,000 | ' | ' | $3,795,000 | $3,824,000 | $295,000 | $1,898,000 | $1,495,000 | $107,000 | ' |
Fair Value, Other real estate owned | 417,000 | 1,776,000 | 74,000 | 297,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 172,000 | 460,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 171,000 | 1,019,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 417,000 | 1,776,000 | 74,000 | 297,000 | ' | ' | 172,000 | 460,000 | ' | ' | 171,000 | 1,019,000 | 417,000 | 1,776,000 | 74,000 | ' | 172,000 | ' | 171,000 |
Servicing Asset at Fair Value, Amount | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 187,000 | 198,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 187,000 | 198,000 | ' | ' | ' | ' | ' |
Mortgage Servicing Rights Carrying Value | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $198,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Valuation Technique(s) | ' | ' | ' | ' | 'SalesB comparison | 'SalesB comparison | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 'Sales comparison | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 'Income approach | ' | ' | ' | ' | ' | ' | ' | ' | ' | 'Sales comparison | ' | 'Income approach | 'Sales comparison | 'Sales comparison | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 'Sales comparison | ' | ' | ' | ' | ' | ' | ' | ' | 'Sales comparison | 'Sales comparison | ' | ' | ' | ' | 'Third party valuation | 'Third party valuation | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Unobservable Input(s) | ' | ' | ' | ' | 'Discount applied to valuation | 'Discount applied to valuation | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 'Comparison between sales and income approaches | 'Comparison between sales and income approaches | ' | ' | ' | ' | ' | ' | ' | ' | ' | 'Cap Rate | 'Cap Rate | ' | ' | ' | ' | ' | ' | ' | ' | 'Comparison between sales and income approaches | 'Comparison between sales and income approaches | 'Cap Rate | 'Cap Rate | 'Comparison between sales and income approaches | 'Comparison between sales and income approaches | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 'Discount applied to valuation | 'Discount applied to valuation | ' | ' | ' | ' | ' | ' | ' | ' | 'Discount applied to valuation | 'Discount applied to valuation | ' | ' | ' | ' | 'Present value of future servicing income based on prepayment speeds | 'Present value of future servicing income based on prepayment speeds | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Present value of future servicing income based on default rates | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 'Present value of future servicing income based on default rates | 'Present value of future servicing income based on default rates | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Fair Value Inputs, Comparability Adjustments | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 16.90% | 19.40% | 10.10% | 9.50% | 12.30% | 0.00% | 13.00% | 17.00% | 7.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 34.90% | 45.10% | 15.60% | 10.20% | -1.40% | -3.00% | 15.60% | 0.00% | 22.00% | 11.00% | 16.00% | 2.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Fair Value Inputs, Cap Rate | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 13.80% | 13.80% | 11.00% | 7.25% | 12.00% | 9.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 10.00% | 10.70% | 10.00% | 10.00% | 10.00% | 10.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Servicing Assets and Servicing Liabilities at Fair Value, Assumptions Used to Estimate Fair Value, Prepayment Speed | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 25.10% | 23.50% | 11.60% | 11.40% | 15.43% | 15.21% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Fair Value Inputs, Probability of Default | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 12.00% | 12.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Fair_Value_Carrying_Amount_and
Fair Value - Carrying Amount and Estimated Fair Value of Finanical Instruments (Details) (USD $) | Mar. 31, 2014 | Dec. 31, 2013 | Mar. 31, 2013 | Dec. 31, 2012 |
In Thousands, unless otherwise specified | ||||
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' | ' | ' |
Cash and Cash Equivalents, at Carrying Value | $151,724 | $160,957 | $311,128 | $275,764 |
Financial assets | ' | ' | ' | ' |
Securities, carrying amount | 115,977 | 110,907 | ' | ' |
Loans receivable, net of allowance for loan losses, carrying amounts | 1,097,888 | 1,098,077 | ' | ' |
FHLBC stock, carrying amount | 6,068 | 6,068 | ' | ' |
Accrued interest receivable, carrying amount | 3,728 | 3,933 | ' | ' |
Estimate of Fair Value, Fair Value Disclosure [Member] | ' | ' | ' | ' |
Financial assets | ' | ' | ' | ' |
Available-for-sale Securities, Fair Value Disclosure | 115,977 | 110,907 | ' | ' |
Loans Held-for-sale, Fair Value Disclosure | 0 | 0 | ' | ' |
Loans Receivable, Fair Value Disclosure | 1,042,190 | 1,052,935 | ' | ' |
Accounts Receivable, Fair Value Disclosure | 3,728 | 3,933 | ' | ' |
Financial liabilities | ' | ' | ' | ' |
Cash and Cash Equivalents, Fair Value Disclosure | 151,724 | 160,957 | ' | ' |
Demand Deposit Accounts Fair Value Disclosure | 129,732 | 126,680 | ' | ' |
Deposits Savings Deposits Fair Value Disclosure | 156,174 | 149,602 | ' | ' |
Now Money Market Accounts Fair Value Disclosure | 706,994 | 700,804 | ' | ' |
Certificates Of Deposit Fair Value Disclosure | 260,225 | 276,022 | ' | ' |
Short Term Borrowings Fair Value Disclosure | 2,666 | 3,057 | ' | ' |
Accrued Liabilities, Fair Value Disclosure | 101 | 113 | ' | ' |
Estimate of Fair Value, Fair Value Disclosure [Member] | Level 1 [Member] | ' | ' | ' | ' |
Financial assets | ' | ' | ' | ' |
Loans Held-for-sale, Fair Value Disclosure | ' | 0 | ' | ' |
Loans Receivable, Fair Value Disclosure | ' | 0 | ' | ' |
Accounts Receivable, Fair Value Disclosure | ' | 0 | ' | ' |
Financial liabilities | ' | ' | ' | ' |
Cash and Cash Equivalents, Fair Value Disclosure | 13,869 | 15,781 | ' | ' |
Demand Deposit Accounts Fair Value Disclosure | ' | 0 | ' | ' |
Deposits Savings Deposits Fair Value Disclosure | ' | 0 | ' | ' |
Now Money Market Accounts Fair Value Disclosure | ' | 0 | ' | ' |
Certificates Of Deposit Fair Value Disclosure | ' | 0 | ' | ' |
Short Term Borrowings Fair Value Disclosure | ' | 0 | ' | ' |
Accrued Liabilities, Fair Value Disclosure | ' | 0 | ' | ' |
Estimate of Fair Value, Fair Value Disclosure [Member] | Level 2 [Member] | ' | ' | ' | ' |
Financial assets | ' | ' | ' | ' |
Available-for-sale Securities, Fair Value Disclosure | 115,477 | 110,410 | ' | ' |
Loans Held-for-sale, Fair Value Disclosure | 0 | 0 | ' | ' |
Loans Receivable, Fair Value Disclosure | 1,038,395 | 1,049,111 | ' | ' |
Accounts Receivable, Fair Value Disclosure | 3,728 | 3,933 | ' | ' |
Financial liabilities | ' | ' | ' | ' |
Cash and Cash Equivalents, Fair Value Disclosure | 137,855 | 145,176 | ' | ' |
Demand Deposit Accounts Fair Value Disclosure | 129,732 | 126,680 | ' | ' |
Deposits Savings Deposits Fair Value Disclosure | 156,174 | 149,602 | ' | ' |
Now Money Market Accounts Fair Value Disclosure | 706,994 | 700,804 | ' | ' |
Certificates Of Deposit Fair Value Disclosure | 260,225 | 276,022 | ' | ' |
Short Term Borrowings Fair Value Disclosure | 2,666 | 3,057 | ' | ' |
Accrued Liabilities, Fair Value Disclosure | 101 | 113 | ' | ' |
Estimate of Fair Value, Fair Value Disclosure [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' | ' |
Financial assets | ' | ' | ' | ' |
Loans Receivable, Fair Value Disclosure | 3,795 | 3,824 | ' | ' |
Carrying (Reported) Amount, Fair Value Disclosure [Member] | ' | ' | ' | ' |
Fair Value Measurements, Recurring and Nonrecurring, Valuation Techniques [Line Items] | ' | ' | ' | ' |
Cash and Cash Equivalents, at Carrying Value | 151,724 | 160,957 | ' | ' |
Financial assets | ' | ' | ' | ' |
Securities, carrying amount | 115,977 | 110,907 | ' | ' |
Loans held-for-sale, carrying amount | 0 | 0 | ' | ' |
Loans receivable, net of allowance for loan losses, carrying amounts | 1,097,888 | 1,098,077 | ' | ' |
FHLBC stock, carrying amount | 6,068 | 6,068 | ' | ' |
Accrued interest receivable, carrying amount | 3,728 | 3,933 | ' | ' |
Financial liabilities | ' | ' | ' | ' |
Demand Deposit Accounts | 129,732 | 126,680 | ' | ' |
Deposits, Savings Deposits | 156,174 | 149,602 | ' | ' |
Now Money Market Accounts | 706,994 | 700,804 | ' | ' |
Certificates of Deposit, at Carrying Value | 259,919 | 275,622 | ' | ' |
Short-term Debt | 2,668 | 3,055 | ' | ' |
Accrued Interest Payable | 101 | 113 | ' | ' |
Equity Funds [Member] | ' | ' | ' | ' |
Financial assets | ' | ' | ' | ' |
Securities, carrying amount | $500 | $497 | ' | ' |
Fair_Value_Narratives_Details
Fair Value Narratives (Details) (USD $) | 3 Months Ended | ||
Mar. 31, 2014 | Mar. 31, 2013 | Dec. 31, 2013 | |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' |
Mortgage Servicing Rights (MSR) Impairment (Recovery) | ($4,000) | $26,000 | ' |
Impaired Loans Carrying Amount | 4,300,000 | ' | 4,200,000 |
Impaired Loans Valuation Allowance | 489,000 | ' | 375,000 |
allowance for loan losses, specific reserve, increase or decrease | 114,000 | ' | ' |
Allowance for Loan and Lease Losses, Period Increase (Decrease) | 0 | 9,000 | ' |
Other Real Estate | 1,300,000 | ' | 2,700,000 |
Other Real Estate Owned At Carrying Value | 8,670,000 | ' | 6,306,000 |
Real Estate Owned, Valuation Allowance | -904,000 | ' | -902,000 |
Real Estate Acquired Through Foreclosure Fair Value | 417,000 | ' | 1,776,000 |
Other Real Estate, Valuation Adjustments | 44,000 | ' | ' |
Fair Value, Measurements, Nonrecurring [Member] | ' | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' |
Servicing Asset at Fair Value, Amount | 187,000 | ' | 198,000 |
Real Estate Acquired Through Foreclosure Fair Value | 417,000 | ' | 1,776,000 |
Fair Value, Measurements, Nonrecurring [Member] | Fair Value, Inputs, Level 3 [Member] | ' | ' | ' |
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items] | ' | ' | ' |
Servicing Asset at Fair Value, Amount | 187,000 | ' | 198,000 |
Real Estate Acquired Through Foreclosure Fair Value | $417,000 | ' | $1,776,000 |