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Loans Receivable Held for Sale
12 Months Ended
Dec. 31, 2015
Loans receivable held for sale  
Loans Receivable Held for Sale  
Loans Receivable Held for Sale

Note 3—Loans Receivable Held for Sale

There were no loans receivable held for sale at December 31, 2015. Loans receivable held for sale at December 31, 2014 totaled $19.5 million and consisted of multi-family loans. During the year ended December 31, 2015, multi-family loans originated for sale totaled $57.7 million. There were no loans originated for sale during 2014. In order to comply with regulatory loan concentration guidelines, $90.2 million and $22.8 million of multi-family loans were transferred from held for investment to held for sale during the years 2015 and 2014, respectively. Loan sales during the years 2015 and 2014 totaled $165.7 million and $3.3 million, respectively.