Loans, Notes, Trade and Other Receivables Disclosure [Text Block] | 8. Loans Loans receivable consist of the following: June 30, 2018 December 31, 2017 (In Thousands) Real Estate: Secured by 1-4 family residential $ 307,480 $ 274,862 Secured by multi-family residential 257,418 248,092 Secured by commercial real estate 1,026,280 987,129 Construction 283,911 265,476 1,875,089 1,775,559 Other Loans: Commercial 489,296 526,142 Home equity and improvement 129,868 135,457 Consumer finance 29,724 29,109 648,888 690,708 Total loans 2,523,977 2,466,267 Deduct: Undisbursed loan funds (136,563 ) (115,972 ) Net deferred loan origination fees and costs (2,070 ) (1,582 ) Allowance for loan loss (27,321 ) (26,683 ) Totals $ 2,358,023 $ 2,322,030 Loan segments have been identified by evaluating the portfolio based on collateral and credit risk characteristics. The following table discloses allowance for loan loss activity for the quarters ended June 30, 2018 and 2017 by portfolio segment (In Thousands): Quarter Ended June 30, 2018 1-4 Family Residential Real Estate Multi- Family Residential Real Estate Commercial Real Estate Construction Commercial Home Equity and Improvement Consumer Finance Total Beginning Allowance $ 2,534 $ 2,983 $ 10,773 $ 667 $ 7,838 $ 2,209 $ 263 $ 27,267 Charge-Offs (78 ) 0 (254 ) 0 (84 ) (41 ) (72 ) (529 ) Recoveries 34 2 26 0 30 57 11 160 Provisions 192 (72 ) 708 70 (329 ) (193 ) 47 423 Ending Allowance $ 2,682 $ 2,913 $ 11,253 $ 737 $ 7,455 $ 2,032 $ 249 $ 27,321 Quarter Ended June 30, 2017 1-4 Family Residential Real Estate Multi- Family Residential Real Estate Commercial Real Estate Construction Commercial Home Equity and Improvement Consumer Finance Total Beginning Allowance $ 2,621 $ 2,122 $ 10,210 $ 458 $ 7,809 $ 2,300 $ 229 $ 25,749 Charge-Offs 0 0 (110 ) 0 (2,027 ) (100 ) (21 ) (2,258 ) Recoveries 33 0 83 0 94 26 70 306 Provisions (13 ) 71 (47 ) 82 2,097 (27 ) (45 ) 2,118 Ending Allowance $ 2,641 $ 2,193 $ 10,136 $ 540 $ 7,973 $ 2,199 $ 233 $ 25,915 The following table discloses allowance for loan loss activity for the year-to-date periods ended June 30, 2018 and June 30, 2017 by portfolio segment (In Thousands): Year-to-date Period Ended June 30, 2018 1-4 Family Residential Real Estate Multi- Family Residential Real Estate Commercial Real Estate Construction Commercial Home Equity and Improvement Consumer Finance Total Beginning Allowance $ 2,532 $ 2,702 $ 10,354 $ 647 $ 7,965 $ 2,255 $ 228 $ 26,683 Charge-Offs (94 ) 0 (309 ) 0 (181 ) (158 ) (103 ) (845 ) Recoveries 58 2 210 0 1,787 85 13 2,155 Provisions 186 209 998 90 (2,116 ) (150 ) 111 (672 ) Ending Allowance $ 2,682 $ 2,913 $ 11,253 $ 737 $ 7,455 $ 2,032 $ 249 $ 27,321 Year-to-date Period Ended June 30, 2017 1-4 Family Residential Real Estate Multi- Family Residential Real Estate Commercial Real Estate Construction Commercial Home Equity and Improvement Consumer Finance Total Beginning Allowance $ 2,627 $ 2,228 $ 10,625 $ 450 $ 7,361 $ 2,386 $ 207 $ 25,884 Charge-Offs (49 ) 0 (400 ) 0 (2,027 ) (154 ) (92 ) (2,722 ) Recoveries 89 32 117 0 210 59 74 581 Provisions (26 ) (67 ) (206 ) 90 2,429 (92 ) 44 2,172 Ending Allowance $ 2,641 $ 2,193 $ 10,136 $ 540 $ 7,973 $ 2,199 $ 233 $ 25,915 The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of June 30, 2018 (In Thousands): 1-4 Family Multi Family Residential Residential Commercial Home Equity Consumer Real Estate Real Estate Real Estate Construction Commercial & Improvement Finance Total Allowance for loan losses: Ending allowance balance attributable to loans: Individually evaluated for impairment $ 192 $ 2 $ 246 $ - $ 136 $ 240 $ - $ 816 Collectively evaluated for impairment 2,490 2,911 11,007 737 7,319 1,792 249 26,505 Acquired with deteriorated credit quality - - - - - - - - Total ending allowance balance $ 2,682 $ 2,913 $ 11,253 $ 737 $ 7,455 $ 2,032 $ 249 $ 27,321 Loans: Loans individually evaluated for impairment $ 7,094 $ 1,597 $ 26,452 $ - $ 12,171 $ 1,012 $ 33 $ 48,359 Loans collectively evaluated for impairment 299,838 255,819 1,001,227 146,794 478,614 129,697 29,773 2,341,762 Loans acquired with deteriorated credit quality 1,028 299 2,001 - 243 - - 3,571 Total ending loans balance $ 307,960 $ 257,715 $ 1,029,680 $ 146,794 $ 491,028 $ 130,709 $ 29,806 $ 2,393,692 The following table presents the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of December 31, 2017 (In Thousands): 1-4 Family Multi Family Residential Residential Commercial Home Equity Consumer Real Estate Real Estate Real Estate Construction Commercial & Improvement Finance Total Allowance for loan losses: Ending allowance balance attributable to loans: Individually evaluated for impairment $ 167 $ 7 $ 118 $ - $ 187 $ 279 $ - $ 758 Collectively evaluated for impairment 2,365 2,695 10,236 647 7,778 1,976 228 25,925 Acquired with deteriorated credit quality - - - - - - - - Total ending allowance balance $ 2,532 $ 2,702 $ 10,354 $ 647 $ 7,965 $ 2,255 $ 228 $ 26,683 Loans: Loans individually evaluated for impairment $ 6,910 $ 2,278 $ 31,821 $ - $ 14,373 $ 1,176 $ 50 $ 56,608 Loans collectively evaluated for impairment 267,377 245,823 956,238 149,174 513,218 135,098 29,125 2,296,053 Loans acquired with deteriorated credit quality 1,069 301 2,121 - 337 - - 3,828 Total ending loans balance $ 275,356 $ 248,402 $ 990,180 $ 149,174 $ 527,928 $ 136,274 $ 29,175 $ 2,356,489 The following table presents the average balance, interest income recognized and cash basis income recognized on impaired loans by class of loans (In Thousands): Three Months Ended June 30, 2018 Six Months Ended June 30, 2018 Average Balance Interest Income Recognized Cash Basis Income Recognized Average Balance Interest Income Recognized Cash Basis Income Recognized Residential Owner Occupied $ 4,598 $ 40 $ 38 $ 4,619 $ 72 $ 69 Residential Non Owner Occupied 2,392 30 30 2,450 74 71 Total Residential Real Estate 6,990 70 68 7,069 146 140 Construction - - - - - - Multi-Family 1,600 22 22 1,825 49 48 CRE Owner Occupied 8,352 78 72 10,789 122 107 CRE Non Owner Occupied 2,642 23 23 3,062 57 57 Agriculture Land 14,478 155 110 12,997 250 152 Other CRE 1,329 25 22 1,407 50 42 Total Commercial Real Estate 26,801 281 227 28,255 479 358 Commercial Working Capital 8,788 81 72 6,998 105 96 Commercial Other 3,046 29 29 4,073 54 52 Total Commercial 11,834 110 101 11,071 159 148 Home Equity and Improvement 1,019 9 9 1,247 20 20 Consumer Finance 35 1 1 37 2 2 Total Impaired Loans $ 48,279 $ 493 $ 428 $ 49,504 $ 855 $ 716 The following table presents the average balance, interest income recognized and cash basis income recognized on impaired loans by class of loans (In Thousands): Three Months Ended June 30, 2017 Six Months Ended June 30, 2017 Average Balance Interest Income Recognized Cash Basis Income Recognized Average Balance Interest Income Recognized Cash Basis Income Recognized Residential Owner Occupied $ 4,088 $ 34 $ 34 $ 3,454 $ 62 $ 62 Residential Non Owner Occupied 2,813 35 35 3,352 71 71 Total Residential Real Estate 6,901 69 69 6,806 133 133 Construction - - - - - - Multi-Family 2,144 9 9 2,759 19 19 CRE Owner Occupied 12,098 24 24 8,356 46 48 CRE Non Owner Occupied 3,552 31 30 4,026 73 67 Agriculture Land 9,903 140 63 6,305 187 82 Other CRE 1,654 10 8 1,661 23 20 Total Commercial Real Estate 27,207 205 125 20,348 329 217 Commercial Working Capital 5,939 29 29 4,156 48 52 Commercial Other 7,731 30 21 4,726 51 33 Total Commercial 13,670 59 50 8,882 99 85 Home Equity and Improvement 1,223 11 11 1,239 21 21 Consumer Finance 58 1 1 66 2 3 Total Impaired Loans $ 51,203 $ 354 $ 265 $ 40,100 $ 603 $ 478 The following table presents loans individually evaluated for impairment by class of loans (In Thousands): June 30, 2018 December 31, 2017 Unpaid Principal Balance* Recorded Investment Allowance for Loan Losses Allocated Unpaid Principal Balance* Recorded Investment Allowance for Loan Losses Allocated With no allowance recorded: Residential Owner Occupied $ 765 $ 640 $ - $ 2,507 $ 2,364 $ - Residential Non Owner Occupied 1,011 1,015 - 1,711 1,708 - Total 1-4 Family Residential Real Estate 1,776 1,655 - 4,218 4,072 - Multi-Family Residential Real Estate 1,547 1,552 - 2,095 2,102 - CRE Owner Occupied 6,618 6,353 - 12,273 11,804 - CRE Non Owner Occupied 2,203 2,039 - 3,085 2,925 - Agriculture Land 12,370 12,493 - 13,029 13,185 - Other CRE 482 488 - 981 768 - Total Commercial Real Estate 21,673 21,373 - 29,368 28,682 - Construction - - - - - - Commercial Working Capital 7,957 7,986 - 5,462 5,422 - Commercial Other 2,743 2,754 - 9,916 7,644 - Total Commercial 10,700 10,740 - 15,378 13,066 - Home Equity and Home Improvement - - - 630 584 - Consumer Finance 33 33 - 42 42 - Total loans with no allowance recorded $ 35,729 $ 35,353 $ - $ 51,731 $ 48,548 $ - With an allowance recorded: Residential Owner Occupied $ 4,142 $ 4,104 $ 166 $ 1,841 $ 1,814 $ 137 Residential Non Owner Occupied 1,330 1,335 26 1,031 1,024 30 Total 1-4 Family Residential Real Estate 5,472 5,439 192 2,872 2,838 167 Multi-Family Residential Real Estate 45 45 2 175 176 7 CRE Owner Occupied 2,326 1,842 29 2,007 1,546 44 CRE Non Owner Occupied 632 572 24 651 593 28 Agriculture Land 1,877 1,914 160 293 292 14 Other CRE 1,164 751 33 909 708 32 Total Commercial Real Estate 5,999 5,079 246 3,860 3,139 118 Construction - - - - - - Commercial Working Capital 1,080 1,000 65 447 449 77 Commercial Other 428 431 71 854 858 110 Total Commercial 1,508 1,431 136 1,301 1,307 187 Home Equity and Home Improvement 1,089 1,012 240 596 592 279 Consumer Finance - - - 8 8 - Total loans with an allowance recorded $ 14,113 $ 13,006 $ 816 $ 8,812 $ 8,060 $ 758 * Presented gross of charge-offs The following table presents the current balance of the aggregate amounts of non-performing assets, comprised of non-performing loans and real estate owned on the dates indicated: June 30, 2018 December 31, 2017 (In Thousands) Non-accrual loans $ 18,340 $ 30,715 Loans over 90 days past due and still accruing - - Total non-performing loans 18,340 30,715 Real estate and other assets held for sale 1,795 1,532 Total non-performing assets $ 20,135 $ 32,247 Troubled debt restructuring, still accruing $ 15,834 $ 13,770 The following table presents the aging of the recorded investment in past due and non- accrual loans as of June 30, 2018, by class of loans (In Thousands): Current 30-59 days 60-89 days 90+ days Total Past Due Total Non- Accrual Residential Owner Occupied $ 188,204 $ 651 $ 1,151 $ 800 $ 2,602 $ 2,115 Residential Non Owner Occupied 117,030 - 85 39 124 290 Total 1-4 Family Residential Real Estate 305,234 651 1,236 839 2,726 2,405 Multi-Family Residential Real Estate 257,715 - - - - 121 CRE Owner Occupied 397,067 - - 343 343 2,348 CRE Non Owner Occupied 452,580 9 - 231 240 1,995 Agriculture Land 126,048 1,238 310 1,987 3,535 5,438 Other Commercial Real Estate 49,832 - - 35 35 336 Total Commercial Real Estate 1,025,527 1,247 310 2,596 4,153 10,117 Construction 146,794 - - - - - Commercial Working Capital 213,350 584 2,097 310 2,991 3,825 Commercial Other 273,887 165 30 605 800 1,324 Total Commercial 487,237 749 2,127 915 3,791 5,149 Home Equity/Home Improvement 129,357 1,134 70 148 1,352 479 Consumer Finance 29,519 191 32 64 287 66 Total Loans $ 2,381,383 $ 3,972 $ 3,775 $ 4,562 $ 12,309 $ 18,337 The following table presents the aging of the recorded investment in past due and non-accrual loans as of December 31, 2017, by class of loans (In Thousands): Current 30-59 days 60-89 days 90+ days Total Past Due Total Non- Accrual Residential Owner Occupied $ 175,139 $ 821 $ 1,033 $ 1,227 $ 3,081 $ 2,510 Residential Non Owner Occupied 96,400 495 8 233 736 520 Total 1-4 Family Residential Real Estate 271,539 1,316 1,041 1,460 3,817 3,030 Multi-Family Residential Real Estate 247,980 422 - - 422 128 CRE Owner Occupied 393,125 195 188 1,268 1,651 10,775 CRE Non Owner Occupied 403,656 1 91 424 516 2,431 Agriculture Land 131,753 412 - 66 478 4,144 Other Commercial Real Estate 58,784 13 - 204 217 734 Total Commercial Real Estate 987,318 621 279 1,962 2,862 18,084 Construction 149,174 - - - - - Commercial Working Capital 233,632 102 1,264 876 2,242 2,369 Commercial Other 291,455 82 - 517 599 6,474 Total Commercial 525,087 184 1,264 1,393 2,841 8,843 Home Equity and Home Improvement 133,144 2,490 434 206 3,130 591 Consumer Finance 28,800 293 80 2 375 27 Total Loans $ 2,343,042 $ 5,326 $ 3,098 $ 5,023 $ 13,447 $ 30,703 Troubled Debt Restructurings As of June 30, 2018, and December 31, 2017, the Company had a recorded investment in troubled debt restructurings (“TDRs”) of $22.3 million and $21.7 million, respectively. The Company allocated $654,000 and $751,000 of specific reserves to those loans at June 30, 2018, and December 31, 2017, respectively, and had committed to lend additional amounts totaling up to $370,000 and $242,000 at June 30, 2018, and December 31, 2017, respectively. The Company offers various types of concessions when modifying a loan, however, forgiveness of principal is rarely granted. Each TDR is uniquely designed to meet the specific needs of the borrower. Commercial and industrial loans modified in a TDR often involve temporary interest-only payments, term extensions and converting revolving credit lines to term loans. Additional collateral or an additional guarantor is often requested when granting a concession. Commercial mortgage loans modified in a TDR often involve temporary interest-only payments, re-amortization of remaining debt in order to lower payments and sometimes reducing the interest rate lower than the current market rate. Residential mortgage loans modified in a TDR are comprised of loans where monthly payments are lowered, either through interest rate reductions or principal only payments for a period of time, to accommodate the borrowers’ financial needs, interest is capitalized into principal, or the term and amortization are extended. Home equity modifications are made infrequently and usually involve providing an interest rate that is lower than the borrower would be able to obtain due to credit issues. All retail loans where the borrower is in bankruptcy are classified as TDRs regardless of whether or not a concession is made. Of the loans modified in a TDR, as of June 30, 2018, $6.4 million were on non-accrual status and partial charge-offs have in some cases been taken against the outstanding balance. Loans modified as a TDR may have the financial effect of increasing the allowance associated with the loan. If the loan is determined to be collateral dependent, the estimated fair value of the collateral, less any selling costs is used to determine if there is a need for a specific allowance or charge-off. If the loan is determined to be cash flow dependent, the allowance is measured based on the present value of expected future cash flows discounted at the loan’s pre-modification effective interest rate. The following tables present loans by class modified as TDRs that occurred during the three and six month periods ending June 30, 2018, and June 30, 2017: Loans Modified as a TDR for the Three Months Ended June 30, 2018 ($ in thousands) Loans Modified as a TDR for the Six Months Ended June 30, 2018 ($ in thousands) Troubled Debt Restructurings Number of Loans Recorded Investment (as of period end) Number of Loans Recorded Investment (as of period end) 1-4 Family Owner Occupied 9 $ 481 12 $ 624 1-4 Family Non Owner Occupied 1 75 2 142 Multi Family 0 - 0 - CRE Owner Occupied 5 1,554 7 2,181 CRE Non Owner Occupied 1 47 1 47 Agriculture Land 0 - 0 - Other CRE 0 - 0 - Commercial Working Capital 1 150 5 2,816 Commercial Other 0 - 0 - Home Equity and Improvement 2 20 2 20 Consumer Finance 0 - 0 - Total 19 $ 2,327 29 $ 5,830 The loans described above decreased the allowance for loan and lease losses (“ALLL”) by $16,000 in the three month period ending June 30, 2018 and decreased the ALLL by $21,000 in the six month period ending June 30, 2018. Loans Modified as a TDR for the Three Months Ended June 30, 2017 ($ in thousands) Loans Modified as a TDR for the Six Months Ended June 30, 2017 ($ in thousands) Troubled Debt Restructurings Number of Loans Recorded Investment (as of period end) Number of Loans Recorded Investment (as of period end) 1-4 Family Owner Occupied 4 $ 413 8 $ 512 1-4 Family Non Owner Occupied 1 23 3 106 Multi Family 0 - 0 - CRE Owner Occupied 0 - 1 117 CRE Non Owner Occupied 0 - 0 - Agriculture Land 2 1,450 2 1,450 Other CRE 2 196 2 196 Commercial Working Capital 5 2,563 5 2,563 Commercial Other 3 3,467 4 3,513 Home Equity and Improvement 1 57 2 82 Consumer Finance 0 - 2 5 Total 18 $ 8,169 29 $ 8,544 The loans described above decreased the ALLL by $5,000 in the three month period ending June 30, 2017 and decreased the ALLL by $24,000 in the six month period ending June 30, 2017. Of the 2018 modifications, three were made a TDR due to terming out lines of credit, 14 were made TDR due to advancing or renewing money to a watch list credit, one loan made a TDR due to a reduction of the interest rate, four were made a TDR due to bankruptcy and seven were made a TDR because the current debt was refinanced due to maturity or for payment relief. The following tables present loans by class modified as TDRs for which there was a payment default within twelve months following the modification during the three and six month periods ended June 30, 2018, and June 30, 2017: Three Months Ended June 30, 2018 ($ in thousands) Six Months Ended June 30, 2018 ($ in thousands) Troubled Debt Restructurings That Subsequently Defaulted Number of Loans Recorded Investment (as of period end) Number of Loans Recorded Investment (as of period end) 1-4 Family Owner Occupied 0 $ - 0 $ - 1-4 Family Non Owner Occupied 0 - 0 - CRE Owner Occupied 0 - 0 - CRE Non Owner Occupied 0 - 0 - Agriculture Land 0 - 0 - Other CRE 0 - 0 - Commercial Working Capital or Other 0 - 0 - Commercial Other 0 - 1 196 Home Equity and Improvement 0 - 0 - Consumer Finance 0 - 0 - Total - $ - 1 $ 196 The TDRs that subsequently defaulted described above had no effect on the ALLL for the three and six month period ended June 30, 2018. Three Months Ended June 30, 2017 ($ in thousands) Six Months Ended June 30, 2017 ($ in thousands) Troubled Debt Restructurings That Subsequently Defaulted Number of Loans Recorded Investment (as of period end) Number of Loans Recorded Investment (as of period end) 1-4 Family Owner Occupied 0 $ - 0 $ - 1-4 Family Non Owner Occupied 0 - 0 - CRE Owner Occupied 0 - 0 - CRE Non Owner Occupied 0 - 0 - Agriculture Land 0 - 0 - Other CRE 0 - 0 - Commercial Working Capital or Other 1 225 1 225 Commercial Other 0 - 0 - Home Equity and Improvement 0 - 0 - Consumer Finance 0 - 0 - Total 1 $ 225 1 $ 225 The TDRs that subsequently defaulted described above had no effect on the ALLL for the three and six month periods ended June 30, 2017. In order to determine whether a borrower is experiencing financial difficulty, an evaluation is performed on the probability that the borrower will be in payment default on any of its debt in the foreseeable future without the modification. Credit Quality Indicators Loans are categorized into risk categories based on relevant information about the ability of borrowers to service their debt such as: current financial information, historical payment experience, credit documentation, public information, and current economic trends, among other factors. Loans are analyzed individually by classifying the loans as to credit risk. This analysis includes all non-homogeneous loans, such as commercial and commercial real estate loans and certain homogenous mortgage, home equity and consumer loans. This analysis is performed on a quarterly basis. First Defiance uses the following definitions for risk ratings: Special Mention. Substandard. Doubtful. Not Graded. Loans not meeting the criteria above that are analyzed individually as part of the above described process are considered to be pass rated loans. As of June 30, 2018, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows (In Thousands): Class Pass Special Mention Substandard Doubtful Not Graded Total 1-4 Family Owner Occupied $ 6,404 $ 123 $ 2,384 $ - $ 181,894 $ 190,805 1-4 Family Non Owner Occupied 106,130 717 3,179 - 7,129 117,155 Total 1-4 Family Real Estate 112,534 840 5,563 - 189,023 307,960 Multi-Family Residential Real Estate 255,385 - 2,221 - 109 257,715 CRE Owner Occupied 380,638 8,211 8,459 - 102 397,410 CRE Non Owner Occupied 442,837 5,939 4,045 - - 452,821 Agriculture Land 109,661 3,996 15,926 - - 129,583 Other CRE 47,290 156 1,363 - 1,057 49,866 Total Commercial Real Estate 980,426 18,302 29,793 - 1,159 1,029,680 Construction 128,230 691 - - 17,873 146,794 Commercial Working Capital 198,150 9,338 8,853 - - 216,341 Commercial Other 262,392 8,599 3,696 - - 274,687 Total Commercial 460,542 17,937 12,549 - - 491,028 Home Equity and Home Improvement - - 514 - 130,195 130,709 Consumer Finance - - 133 - 29,673 29,806 Total Loans $ 1,937,117 $ 37,770 $ 50,773 $ - $ 368,032 $ 2,393,692 As of December 31, 2017, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows (In Thousands): Class Pass Special Mention Substandard Doubtful Not Graded Total Residential Owner Occupied $ 7,534 $ 99 $ 2,367 $ - $ 168,220 $ 178,220 Residential Non Owner Occupied 85,802 935 3,835 - 6,564 97,136 Total 1-4 Family Real Estate 93,336 1,034 6,202 - 174,784 275,356 Multi-Family Residential Real Estate 242,969 2,503 2,819 - 111 248,402 CRE Owner Occupied 370,613 10,432 13,575 - 156 394,776 CRE Non Owner Occupied 395,264 3,464 5,444 - - 404,172 Agriculture Land 114,776 2,639 14,816 - - 132,231 Other CRE 56,133 165 1,788 - 915 59,001 Total Commercial Real Estate 936,786 16,700 35,623 - 1,071 990,180 Construction 125,519 1,254 - - 22,401 149,174 Commercial Working Capital 222,526 7,605 5,743 - - 235,874 Commercial Other 280,013 3,443 8,598 - - 292,054 Total Commercial 502,539 11,048 14,341 - - 527,928 Home Equity and Home Improvement - - 600 - 135,674 136,274 Consumer Finance - - 82 - 29,093 29,175 Total Loans $ 1,901,149 $ 32,539 $ 59,667 $ - $ 363,134 $ 2,356,489 The Company has purchased loans, for which there was, at acquisition, evidence of deterioration of credit quality since origination and it was probable, at acquisition, that all contractually required payments would not be collected. The outstanding balance of those loans is as follows (In Thousands): June 30, 2018 December 31, 2017 1-4 Family Residential Real Estate $ 1,103 $ 1,154 Multi-Family Residential Real Estate 305 309 Commercial Real Estate Loans 2,777 2,921 Commercial 298 407 Consumer 1 2 Total Outstanding Balance $ 4,484 $ 4,793 Recorded Investment, net of allowance of $0 $ 3,571 $ 3,828 Accretable yield, or income expected to be collected, is as follows: 2018 2017 Balance at January 1 $ 804 $ - New Loans Purchased - 1,018 Accretion of Income (56 ) (76 ) Reclassification from Non-accretable - - Charge-off of Accretable Yield (10 ) (8 ) Balance at June 30 $ 738 $ 934 For those purchased loans disclosed above, the Company did not increase the allowance for loan losses during the three or six months ended June 30, 2018 or 2017. No allowances for loan losses were reversed during the same period. Contractually required payments receivable of loans purchased with evidence of credit deterioration during the period ended June 30, 2017, using information as of the date of acquisition are included in the table below. There were no such loans purchased during the period ended June 30, 2018. (In Thousands) 1-4 Family Residential Real Estate $ 1,720 Commercial Real Estate 4,724 Commercial 785 Consumer 4 Total $ 7,233 Cash Flows Expected to be Collected at Acquisition $ 5,721 Fair Value of Acquired Loans at Acquisition $ 4,703 Foreclosure Proceedings Consumer mortgage loans collateralized by residential real estate property that are in the process of foreclosure totaled $410,000 as of June 30, 2018 and $626,000 as of December 31, 2017. |