Loans Receivable Held for Investment (Tables)

12 Months Ended

Dec. 31, 2017

	December 31, 2017			December 31, 2016
	(In thousands)
Real estate:
Single family	$	111,085		$	104,807
Multi-family		187,455			229,566
Commercial real estate		6,089			8,914
Church		30,848			37,826
Construction		1,678			837
Commercial – other		192			308
Consumer		7			6

Gross loans receivable before deferred loan costs and premiums		337,354			382,264
Unamortized net deferred loan costs and premiums		1,566			1,793

Gross loans receivable		338,920			384,057
Allowance for loan losses		(4,069	)		(4,603	)

Loans receivable, net	$	334,851		$	379,454

	For the year ended December 31, 2017
	Real Estate
	Single family		Multi- family			Commercial real estate			Church			Construction		Commercial – other			Consumer		Total
	(In thousands)
Beginning balance	$	367	$	2,659		$	215		$	1,337		$	8	$	17		$	-	$	4,603
Provision for (recapture of) loan losses		197		(359	)		(144	)		(792	)		9		(11	)		-		(1,100	)
Recoveries		30		-			-			536			-		-			-		566
Loans charged off		-		-			-			-			-		-			-		-

Ending balance	$	594	$	2,300		$	71		$	1,081		$	17	$	6		$	-	$	4,069

	For the year ended December 31, 2016
	Real Estate
	Single family			Multi- family		Commercial real estate			Church			Construction		Commercial – other			Consumer		Total
	(In thousands)
Beginning balance	$	597		$	1,658	$	469		$	2,083		$	3	$	18		$	-	$	4,828
Provision for (recapture of) loan losses		(277	)		1,001		(502	)		(768	)		5		(9	)		-		(550	)
Recoveries		47			-		248			22			-		8			-		325
Loans charged off		-			-		-			-			-		-			-		-

Ending balance	$	367		$	2,659	$	215		$	1,337		$	8	$	17		$	-	$	4,603

	December 31, 2017
	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	$	100	$	1	$	-	$	479	$	-	$	5	$	-	$	585
Collectively evaluated for impairment		494		2,299		71		602		17		1		-		3,484

Total ending allowance balance	$	594	$	2,300	$	71	$	1,081	$	17	$	6	$	-	$	4,069


Loans:
Loans individually evaluated for impairment	$	627	$	333	$	-	$	8,280	$	-	$	65	$	-	$	9,305
Loans collectively evaluated for impairment		110,897		188,585		6,096		22,232		1,671		127		7		329,615

Total ending loans balance	$	111,524	$	188,918	$	6,096	$	30,512	$	1,671	$	192	$	7	$	338,920

	December 31, 2016
	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	$	125	$	-	$	-	$	516	$	-	$	15	$	-	$	656
Collectively evaluated for impairment		242		2,659		215		821		8		2		-		3,947

Total ending allowance balance	$	367	$	2,659	$	215	$	1,337	$	8	$	17	$	-	$	4,603


Loans:
Loans individually evaluated for impairment	$	644	$	642	$	-	$	10,545	$	-	$	66	$	-	$	11,897
Loans collectively evaluated for impairment		104,688		230,798		8,921		26,678		827		242		6		372,160

Total ending loans balance	$	105,332	$	231,440	$	8,921	$	37,223	$	827	$	308	$	6	$	384,057

	December 31, 2017						December 31, 2016
	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:
Multi-family	$	-	$	-	$	-	$	642	$	642	$	-
Church		5,140		3,291		-		5,946		3,589		-
With an allowance recorded:
Single family		627		627		100		644		644		125
Multi-family		333		333		1		-		-		-
Church		5,028		4,989		479		7,330		6,956		516
Commercial – other		65		65		5		66		66		15

Total	$	11,193	$	9,305	$	585	$	14,628	$	11,897	$	656

	For the year ended December 31, 2017				For the year ended December 31, 2016
	Average Recorded Investment		Cash Basis Interest Income Recognized		Average Recorded Investment		Cash Basis Interest Income Recognized
	(In thousands)
Single family	$	636	$	28	$	824	$	253
Multi-family		589		44		916		155
Commercial real estate		305		104		983		271
Church		9,363		693		10,880		489
Commercial – other		65		6		66		5

Total	$	10,958	$	875	$	13,669	$	1,173

	December 31, 2017
	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	$	-	$	50	$	-	$	50	$	111,474
Multi-family		-		-		-		-		188,918
Commercial real estate		-		-		-		-		6,096
Church		341		-		-		341		30,171
Construction		-		-		-		-		1,671
Commercial – other		-		-		-		-		192
Consumer		-		-		-		-		7

Total	$	341	$	50	$	-	$	391	$	338,529

	December 31, 2016
	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	$	-	$	64	$	-	$	64	$	105,268
Multi-family		-		-		-		-		231,440
Commercial real estate		1,324		-		-		1,324		7,597
Church		-		-		-		-		37,223
Construction		-		-		-		-		827
Commercial – other		-		-		-		-		308
Consumer		-		-		-		-		6

Total	$	1,324	$	64	$	-	$	1,388	$	382,669

	December 31, 2017		December 31, 2016
	(In thousands)
Loans receivable held for investment:
Church	$	1,766	$	2,944

Total non-accrual loans	$	1,766	$	2,944