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Loans Receivable Held for Sale
3 Months Ended
Mar. 31, 2018
Loans Receivable Held for Sale  
Loans Receivable Held for Sale  
Loans Receivable Held for Sale

 

NOTE (4)  Loans Receivable Held for Sale

 

Loans receivable held for sale at March 31, 2018 and December 31, 2017 totaled $5.4 million and $22.4 million, respectively, and consisted of multi-family loans.  The Bank transferred $16.9 million of multi-family loans from the held-for-sale portfolio to the held-for-investment portfolio during the three months ended March 31, 2018.  There were no loan sales during the three months ended March 31, 2018.  Loan repayments totaled $71 thousand during the three months ended March 31, 2018.