Note 4: Loans and Allowance for Loan Losses (Tables)

6 Months Ended

Jun. 30, 2012

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

	June 30, 2012		December 31, 2011
Real estate - residential mortgage:
One to four family units	$	1,542,914	$	1,671,245
Multi-family		-		-
Real estate - construction		7,676,776		8,514,187
Real estate - commercial		14,735,720		4,082,416
Commercial loans		9,670,942		2,377,081
Consumer and other loans		355,782		357,060
Total	$	33,982,134	$	17,001,989

Allowance for Credit Losses on Financing Receivables [Table Text Block]

	Construction			Commercial Real Estate		One to four family			Multi-family		Commercial			Consumer and Other			Unallocated			Total
	(In Thousands)
Allowance for loan losses:
Balance, beginning of period	$	3,239		$	2,620	$	1,606		$	389	$	1,816		$	387		$	917		$	10,974
Provision charged to expense		(877	)		1,736		(34	)		26		2,156			(25	)		(882	)	$	2,100
Losses charged off		-			-		-			-		(20	)		(15	)		-		$	(35	)
Recoveries		6			24		2			-		45			10			-		$	87
Balance, end of period	$	2,368		$	4,380	$	1,574		$	415	$	3,997		$	357		$	35		$	13,126

	Construction			Commercial Real Estate			One to four family			Multi-family		Commercial			Consumer and Other			Unallocated			Total
	(In Thousands)
Allowance for loan losses:
Balance, beginning of period	$	2,508		$	2,725		$	1,735		$	390	$	1,948		$	372		$	935		$	10,613
Provision charged to expense		(156	)		2,095			(58	)		25		1,993			1			(900	)	$	3,000
Losses charged off		-			(478	)		(108	)		-		(20	)		(34	)		-		$	(640	)
Recoveries		16			38			5			-		76			18			-		$	153
Balance, end of period	$	2,368		$	4,380		$	1,574		$	415	$	3,997		$	357		$	35		$	13,126

	Construction			Commercial Real Estate		One to four family		Multi-family		Commercial			Consumer and Other			Unallocated			Total
	(In Thousands)
Allowance for loan losses:
Balance, beginning of period	$	5,291		$	1,926	$	1,966	$	521	$	2,011		$	409		$	785		$	12,909
Provision charged to expense		(250	)		1,113		188		1		224			68			(344	)	$	1,000
Losses charged off		(6	)		-		-		-		(8	)		(24	)		-		$	(38	)
Recoveries		1			14		2		-		43			17			-		$	77
Balance, end of period	$	5,036		$	3,053	$	2,156	$	522	$	2,270		$	470		$	441		$	13,948

	Construction			Commercial Real Estate			One to four family			Multi-family			Commercial			Consumer and Other			Unallocated		Total
	(In Thousands)
Allowance for loan losses:
Balance, beginning of period	$	4,547		$	3,125		$	1,713		$	528		$	2,483		$	687		$	-	$	13,083
Provision charged to expense		554			1,386			706			(6	)		236			(1,417	)		441	$	1,900
Losses charged off		(76	)		(1,475	)		(265	)		-			(526	)		(64	)		-	$	(2,406	)
Recoveries		11			17			2			-			77			1,264			-	$	1,371
Balance, end of period	$	5,036		$	3,053		$	2,156		$	522		$	2,270		$	470		$	441	$	13,948

Financing Receivable Credit Quality Indicators [Table Text Block]

	Construction		Commercial Real Estate		One to four family		Multi-family		Commercial		Consumer and Other		Total
	(In Thousands)
Rating:
Pass	$	30,134	$	155,922	$	93,605	$	45,007	$	85,594	$	19,589	$	429,851
Special Mention		8,089		3,068		1,992		492		586		101		14,328
Substandard		9,820		17,028		2,859		317		6,481		963		37,468
Doubtful		-		-		-		-		4,130		-		4,130
Total	$	48,043	$	176,018	$	98,456	$	45,816	$	96,791	$	20,653	$	485,777

	Construction		Commercial Real Estate		One to four family		Multi-family		Commercial		Consumer and Other		Total
	(In Thousands)
Rating:
Pass	$	27,646	$	162,019	$	91,503	$	42,668	$	80,529	$	19,522	$	423,887
Special Mention		6,372		20,406		3,214		498		2,183		309		32,982
Substandard		10,894		12,431		3,314		-		5,376		927		32,942
Total	$	44,912	$	194,856	$	98,031	$	43,166	$	88,088	$	20,758	$	489,811

Loan Balance by Category [Member]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

	June 30, 2012			December 31, 2011
Real estate - residential mortgage:
One to four family units	$	98,456,130		$	98,030,718
Multi-family		45,815,849			43,165,695
Real estate - construction		48,043,307			44,912,049
Real estate - commercial		176,017,859			194,856,374
Commercial loans		96,790,395			88,088,580
Consumer and other loans		20,653,059			20,758,027
Total loans		485,776,599			489,811,443
Less:
Allowance for loan losses		(13,126,138	)		(10,613,145	)
Deferred loan fees/costs, net		(220,184	)		(237,562	)
Net loans	$	472,430,277		$	478,960,736

Aging of Loans [Member]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days		Total Past Due		Current		Total Loans Receivable		Total Loans > 90 Days and Accruing
	(In Thousands)
Real estate - residential mortgage:
One to four family units	$	439	$	-	$	-	$	439	$	98,017	$	98,456	$	-
Multi-family		-		-		-		-		45,816		45,816		-
Real estate - construction		200		706		-		906		47,137		48,043		-
Real estate - commercial		763		1,481		-		2,244		173,774		176,018		-
Commercial loans		6,815		492		1,416		8,723		88,068		96,791		-
Consumer and other loans		-		-		17		17		20,636		20,653		-
Total	$	8,217	$	2,679	$	1,433	$	12,329	$	473,448	$	485,777	$	-

	30-59 Days Past Due		60-89 Days Past Due		Greater Than 90 Days		Total Past Due		Current		Total Loans Receivable		Total Loans > 90 Days and Accruing
	(In Thousands)
Real estate - residential mortgage:
One to four family units	$	5	$	206	$	33	$	244	$	97,787	$	98,031	$	-
Multi-family		-		-		-		-		43,166		43,166		-
Real estate - construction		728		-		157		885		44,027		44,912		-
Real estate - commercial		167		-		1,193		1,360		193,496		194,856		-
Commercial loans		32		-		548		580		87,508		88,088		-
Consumer and other loans		14		18		20		52		20,706		20,758		-
Total	$	946	$	224	$	1,951	$	3,121	$	486,690	$	489,811	$	-

Recorded Investment in Loans [Member]

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

	Construction		Commercial Real Estate		One to four family		Multi-family		Commercial		Consumer and Other		Unallocated		Total
	(In Thousands)
Allowance for loan losses:
Ending balance: individually evaluated for impairment	$	454	$	2,247	$	73	$	-	$	2,595	$	43	$	-	$	5,412
Ending balance: collectively evaluated for impairment	$	1,913	$	2,134	$	1,501	$	415	$	1,402	$	314	$	35	$	7,714
Loans:
Ending balance: individually evaluated for impairment	$	7,677	$	15,833	$	1,624	$	-	$	10,587	$	410	$	-	$	36,131
Ending balance: collectively evaluated for impairment	$	40,366	$	160,185	$	96,832	$	45,816	$	86,204	$	20,243	$	-	$	449,646

	Construction		Commercial Real Estate		One to four family		Multi-family		Commercial		Consumer and Other		Unallocated		Total
	(In Thousands)
Allowance for loan losses:
Ending balance: individually evaluated for impairment	$	1,355	$	659	$	127	$	-	$	399	$	72	$	-	$	2,612
Ending balance: collectively evaluated for impairment	$	1,153	$	2,066	$	1,608	$	390	$	1,549	$	300	$	935	$	8,001
Loans:
Ending balance: individually evaluated for impairment	$	8,515	$	5,019	$	1,819	$	-	$	3,048	$	653	$	-	$	19,054
Ending balance: collectively evaluated for impairment	$	36,397	$	189,837	$	96,212	$	43,166	$	85,040	$	20,105	$	-	$	470,757

Recorded Investment in Impaired Loans [Member]

Impaired Financing Receivables [Table Text Block]

	June 30, 2012						December 31, 2011
	Recorded Balance		Unpaid Principal Balance		Specific Allowance		Recorded Balance		Unpaid Principal Balance		Specific Allowance
	(In Thousands)
Loans without a specific valuation allowance
Real estate - residential mortgage:
One to four family units	$	1,539	$	1,539	$	-	$	1,424	$	1,424	$	-
Multi-family		-		-		-		-		-		-
Real estate - construction		7,137		7,137		-		1,181		1,181		-
Real estate - commercial		4,940		5,265		-		4,646		5,985		-
Commercial loans		3,383		3,694		-		1,148		1,459		-
Consumer and other loans		159		159		-		376		376		-
Loans with a specific valuation allowance
Real estate - residential mortgage:
One to four family units	$	85	$	111	$	73	$	395	$	421	$	127
Multi-family		-		-		-		-		-		-
Real estate - construction		540		1,060		454		7,334		7,854		1,355
Real estate - commercial		10,893		10,893		2,247		373		373		659
Commercial loans		7,204		7,204		2,595		1,900		1,900		399
Consumer and other loans		251		251		43		277		277		72
Total
Real estate - residential mortgage:
One to four family units	$	1,624	$	1,650	$	73	$	1,819	$	1,845	$	127
Multi-family		-		-		-		-		-		-
Real estate - construction		7,677		8,197		454		8,515		9,035		1,355
Real estate - commercial		15,833		16,158		2,247		5,019		6,358		659
Commercial loans		10,587		10,898		2,595		3,048		3,359		399
Consumer and other loans		410		410		43		653		653		72
Total	$	36,131	$	37,313	$	5,412	$	19,054	$	21,250	$	2,612

Average Impaired Loans and Interest Income [Member]

Impaired Financing Receivables [Table Text Block]

	For the Three Months Ended				For the Three Months Ended
	June 30, 2012				June 30, 2011
	Average Investment in Impaired Loans		Interest Income Recognized		Average Investment in Impaired Loans		Interest Income Recognized
	(In Thousands)
Loans without a specific valuation allowance
Real estate - residential mortgage:
One to four family units	$	1,410	$	7	$	2,648	$	25
Multi-family		-		-		-		-
Real estate - construction		3,200		-		7,730		1
Real estate - commercial		3,956		18		2,571		28
Commercial loans		2,403		5		2,848		34
Consumer and other loans		157		2		589		18
Loans with a specific valuation allowance
Real estate - residential mortgage:
One to four family units	$	290	$	-	$	2,480	$	-
Multi-family		-		-		-		-
Real estate - construction		4,543		-		4,221		-
Real estate - commercial		10,803		-		5,128		-
Commercial loans		4,035		-		947		-
Consumer and other loans		265		-		588		-
Total
Real estate - residential mortgage:
One to four family units	$	1,700	$	7	$	5,128	$	25
Multi-family		-		-		-		-
Real estate - construction		7,743		-		11,951		1
Real estate - commercial		14,759		18		7,699		28
Commercial loans		6,438		5		3,795		34
Consumer and other loans		422		2		1,177		18
Total	$	31,062	$	32	$	29,750	$	106

	For the Six Months Ended				For the Six Months Ended
	June 30, 2012				June 30, 2011
	Average Investment in Impaired Loans		Interest Income Recognized		Average Investment in Impaired Loans		Interest Income Recognized
	(In Thousands)
Loans without a specific valuation allowance
Real estate - residential mortgage:
One to four family units	$	1,409	$	12	$	2,531	$	59
Multi-family		-		-		-		-
Real estate - construction		2,093		-		3,934		2
Real estate - commercial		4,803		31		3,876		39
Commercial loans		2,153		11		2,730		69
Consumer and other loans		270		10		523		36
Loans with a specific valuation allowance
Real estate - residential mortgage:
One to four family units	$	447	$	-	$	1,931	$	-
Multi-family		-		-		-		-
Real estate - construction		5,782		-		7,643		-
Real estate - commercial		7,158		-		2,426		-
Commercial loans		3,153		-		2,871		-
Consumer and other loans		265		-		612		-
Total
Real estate - residential mortgage:
One to four family units	$	1,856	$	12	$	4,462	$	59
Multi-family		-		-		-		-
Real estate - construction		7,875		-		11,577		2
Real estate - commercial		11,961		31		6,302		39
Commercial loans		5,306		11		5,601		69
Consumer and other loans		535		10		1,135		36
Total	$	27,533	$	64	$	29,077	$	205