Loans Receivable Held for Investment (Tables)

12 Months Ended

Dec. 31, 2015

	For the year ended December 31, 2015
	Real Estate
	Single family			Multi- family			Commercial real estate			Church			Construction			Commercial —other		Consumer			Total
	(In thousands)
Beginning balance	$	1,174		$	2,726		$	496		$	4,047		$	7		$	12	$	3		$	8,465
Provision for (recapture of) loan losses		(702	)		(1,068	)		(27	)		(1,902	)		(4	)		6		(3	)		(3,700	)
Recoveries		129			—			—			23			—			—		—			152
Loans charged off		(4	)		—			—			(85	)		—			—		—			(89	)

Ending balance	$	597		$	1,658		$	469		$	2,083		$	3		$	18	$	—		$	4,828

	For the year ended December 31, 2014
	Real Estate
	Single family			Multi- family		Commercial real estate			Church			Construction		Commercial —other			Consumer			Total
	(In thousands)
Beginning balance	$	1,930		$	1,726	$	1,473		$	4,949		$	7	$	55		$	6		$	10,146
Provision for (recapture of) loan losses		(625	)		1,000		(969	)		(1,228	)		—		(1,107	)		(3	)		(2,932	)
Recoveries		2			—		—			859			—		1,083			—			1,944
Loans charged off		(133	)		—		(8	)		(533	)		—		(19	)		—			(693	)

Ending balance	$	1,174		$	2,726	$	496		$	4,047		$	7	$	12		$	3		$	8,465

	December 31, 2015
	Real Estate
	Single family		Multi- family		Commercial real estate		Church		Construction		Commercial —other		Consumer		Total
	(In thousands)
Allowance for loan losses:
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	134	$	1	$	88	$	756	$	—	$	16	$	—	$	995
Collectively evaluated for impairment		463		1,657		381		1,327		3		2		—		3,833

Total ending allowance balance	$	597	$	1,658	$	469	$	2,083	$	3	$	18	$	—	$	4,828


Loans:
Loans individually evaluated for impairment	$	963	$	1,440	$	1,924	$	11,390	$	—	$	67	$	—	$	15,784
Loans collectively evaluated for impairment		30,660		118,186		9,488		34,359		343		203		4		193,243
Non-impaired purchased loans		99,972		—		—		—		—		—		—		99,972

Total ending loans balance	$	131,595	$	119,626	$	11,412	$	45,749	$	343	$	270	$	4	$	308,999

	December 31, 2014
	Real Estate
	Single family		Multi- family		Commercial real estate		Church		Construction		Commercial —other		Consumer		Total
	(In thousands)
Allowance for loan losses:
Ending allowance balance attributable to loans:
Individually evaluated for impairment	$	132	$	115	$	161	$	1,088	$	—	$	10	$	—	$	1,506
Collectively evaluated for impairment		1,042		2,611		335		2,959		7		2		3		6,959

Total ending allowance balance	$	1,174	$	2,726	$	496	$	4,047	$	7	$	12	$	3	$	8,465


Loans:
Loans individually evaluated for impairment	$	1,414	$	2,765	$	4,636	$	14,602	$	—	$	102	$	—	$	23,519
Loans collectively evaluated for impairment		38,641		170,785		12,083		39,525		387		159		9		261,589

Total ending loans balance	$	40,055	$	173,550	$	16,719	$	54,127	$	387	$	261	$	9	$	285,108

	December 31, 2015						December 31, 2014
	Unpaid Principal Balance		Recorded Investment		Allowance for Loan Losses Allocated		Unpaid Principal Balance		Recorded Investment		Allowance for Loan Losses Allocated
	(In thousands)
With no related allowance recorded:
Single family	$	877	$	302	$	—	$	1,448	$	736	$	—
Multi-family		912		779		—		1,384		1,263		—
Commercial real estate		636		259		—		4,836		1,174		—
Church		5,615		3,542		—		6,234		4,350		—
Commercial—other		—		—		—		34		34		—
With an allowance recorded:
Single family		662		661		134		678		678		132
Multi-family		661		661		1		1,541		1,502		115
Commercial real estate		1,702		1,665		88		3,473		3,462		161
Church		8,245		7,848		756		10,751		10,252		1,088
Commercial—other		67		67		16		68		68		10

Total	$	19,377	$	15,784	$	995	$	30,447	$	23,519	$	1,506

	For the year ended December 31, 2015				For the year ended December 31, 2014
	Average Recorded Investment		Cash Basis Interest Income Recognized		Average Recorded Investment		Cash Basis Interest Income Recognized
	(In thousands)
Single family	$	1,260	$	140	$	2,327	$	67
Multi-family		1,912		136		3,425		79
Commercial real estate		3,162		275		4,762		373
Church		13,630		614		17,212		787
Commercial—other		79		6		124		9

Total	$	20,043	$	1,171	$	27,850	$	1,315

	December 31, 2015
	30-59 Days Past Due		60-89 Days Past Due		Greater than 90 Days Past Due		Total Past Due		Current
	(In thousands)
Loans receivable held for investment:
Single family	$	103	$	—	$	—	$	103	$	131,492
Multi-family		291		—		—		291		119,335
Commercial real estate		—		—		—		—		11,412
Church		595		—		456		1,051		44,698
Construction		—		—		—		—		343
Commercial—other		—		—		—		—		270
Consumer		—		—		—		—		4

Total	$	989	$	—	$	456	$	1,445	$	307,554

	December 31, 2014
	30-59 Days Past Due		60-89 Days Past Due		Greater than 90 Days Past Due		Total Past Due		Current
	(In thousands)
Loans receivable held for investment:
Single family	$	—	$	—	$	—	$	—	$	40,055
Multi-family		455		—		—		455		173,095
Commercial real estate		856		—		—		856		15,863
Church		—		180		987		1,167		52,960
Construction		—		—		—		—		387
Commercial—other		34		—		—		34		227
Consumer		—		—		—		—		9

Total	$	1,345	$	180	$	987	$	2,512	$	282,596

	December 31, 2015		December 31, 2014
	(In thousands)
Loans receivable held for investment:
Single family	$	302	$	736
Multi-family		779		1,618
Commercial real estate		259		1,174
Church		2,887		5,232
Commercial—other		—		102

Total non-accrual loans	$	4,227	$	8,862

	December 31, 2015			December 31, 2014
	(In thousands)
Real estate:
Single family (1)	$	130,891		$	39,792
Multi-family		118,616			171,792
Commercial real estate		11,442			16,722
Church		46,390			54,599
Construction		343			387
Commercial—other		270			262
Consumer		4			9

Gross loans receivable before deferred loan costs and premiums		307,956			283,563
Unamortized net deferred loan costs and premiums		1,043			1,545

Gross loans receivable		308,999			285,108
Allowance for loan losses		(4,828	)		(8,465	)

Loans receivable, net	$	304,171		$	276,643


(1)	Includes $99.5 million of non-impaired purchased loans which are accounted for under ASC 310-20.