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

9 Months Ended

Sep. 30, 2012

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

	September 30, 2012		December 31, 2011
Real estate - residential mortgage:
One to four family units	$	2,664,448	$	1,671,245
Multi-family		-		-
Real estate - construction		5,741,099		8,514,187
Real estate - commercial		5,594,977		4,082,416
Commercial loans		3,964,625		2,377,081
Consumer and other loans		334,347		357,060
Total	$	18,299,496	$	17,001,989

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

Three months ended September 30, 2012	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	$	2,368		$	4,380		$	1,574		$	415		$	3,997		$	357		$	35	$	13,126
Provision charged to expense		732			(1,403	)		(251	)		(136	)		2,901			(59	)		816	$	2,600
Losses charged off		(1,295	)		(507	)		(22	)		-			(5,518	)		(15	)		-	$	(7,357	)
Recoveries		-			28			11			-			58			10			-	$	107
Balance, end of period	$	1,805		$	2,498		$	1,312		$	279		$	1,438		$	293		$	851	$	8,476

Nine months ended September 30, 2012	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		576			692			(309	)		(111	)		4,894			(58	)		(84	)	$	5,600
Losses charged off		(1,295	)		(985	)		(130	)		-			(5,538	)		(49	)		-		$	(7,997	)
Recoveries		16			66			16			-			134			28			-		$	260
Balance, end of period	$	1,805		$	2,498		$	1,312		$	279		$	1,438		$	293		$	851		$	8,476

Three months ended September 30, 2011	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	$	5,036		$	3,053		$	2,156		$	522		$	2,270		$	470		$	441		$	13,948
Provision charged to expense		(146	)		949			(7	)		(141	)		354			(46	)		(63	)	$	900
Losses charged off		(7	)		(128	)		(637	)		-			(463	)		(131	)		-		$	(1,366	)
Recoveries		1			13			31			-			14			16			-		$	75
Balance, end of period	$	4,884		$	3,887		$	1,543		$	381		$	2,175		$	309		$	378		$	13,557

Nine months ended September 30, 2011	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		408			2,335			699			(147	)		590			(1,463	)		378	$	2,800
Losses charged off		(83	)		(1,603	)		(902	)		-			(989	)		(195	)		-	$	(3,772	)
Recoveries		12			30			33			-			91			1,280			-	$	1,446
Balance, end of period	$	4,884		$	3,887		$	1,543		$	381		$	2,175		$	309		$	378	$	13,557

Financing Receivable Credit Quality Indicators [Table Text Block]

September 30, 2012	Construction		Commercial Real Estate		One to four family		Multi-family		Commercial		Consumer and Other		Total
	(In Thousands)
Rating:
Pass	$	32,665	$	146,483	$	94,368	$	43,015	$	88,872	$	19,295	$	424,698
Special Mention		6,860		4,362		1,983		1,767		483		98		15,553
Substandard		5,057		14,938		3,795		315		4,369		1,023		29,497
Doubtful		693		-		-		-		128		-		821
Total	$	45,275	$	165,783	$	100,146	$	45,097	$	93,852	$	20,416	$	470,569

December 31, 2011	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

Recorded Investment in Impaired Loans [Member]

Impaired Financing Receivables [Table Text Block]

	September 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	$	2,596	$	2,596	$	-	$	1,424	$	1,424	$	-
Multi-family		-		-		-		-		-		-
Real estate - construction		4,972		5,492		-		1,181		1,181		-
Real estate - commercial		2,697		3,022		-		4,646		5,985		-
Commercial loans		1,002		6,830		-		1,148		1,459		-
Consumer and other loans		147		147		-		376		376		-
Loans with a specific valuation allowance
Real estate - residential mortgage:
One to four family units	$	148	$	174	$	97	$	395	$	421	$	127
Multi-family		-		-		-		-		-		-
Real estate - construction		770		770		454		7,334		7,854		1,355
Real estate - commercial		4,763		4,763		313		373		373		659
Commercial loans		2,724		2,724		355		1,900		1,900		399
Consumer and other loans		330		330		48		277		277		72
Total
Real estate - residential mortgage:
One to four family units	$	2,744	$	2,770	$	97	$	1,819	$	1,845	$	127
Multi-family		-		-		-		-		-		-
Real estate - construction		5,742		6,262		454		8,515		9,035		1,355
Real estate - commercial		7,460		7,785		313		5,019		6,358		659
Commercial loans		3,726		9,554		355		3,048		3,359		399
Consumer and other loans		477		477		48		653		653		72
Total	$	20,149	$	26,848	$	1,267	$	19,054	$	21,250	$	2,612

Average Impaired Loans and Interest Income [Member]

Impaired Financing Receivables [Table Text Block]

	For the Three Months Ended September 30, 2012				For the Three Months Ended September 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	$	2,601	$	5	$	2,149	$	20
Multi-family		-		-		-		-
Real estate - construction		4,953		-		3,803		8
Real estate - commercial		4,273		18		5,533		21
Commercial loans		2,719		4		107		37
Consumer and other loans		151		1		545		20
Loans with a specific valuation allowance
Real estate - residential mortgage:
One to four family units	$	106	$	-	$	1,491	$	-
Multi-family		-		-		-		-
Real estate - construction		770		-		7,794		-
Real estate - commercial		9,085		-		3,164		-
Commercial loans		4,774		-		2,861		-
Consumer and other loans		417		-		159		-
Total
Real estate - residential mortgage:
One to four family units	$	2,707	$	5	$	3,640	$	20
Multi-family		-		-		-		-
Real estate - construction		5,723		-		11,597		8
Real estate - commercial		13,358		18		8,697		21
Commercial loans		7,493		4		2,968		37
Consumer and other loans		568		1		704		20
Total	$	29,849	$	28	$	27,606	$	106

	For the Nine Months Ended September 30, 2012				For the Nine Months Ended September 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	$	1,807	$	17	$	2,404	$	79
Multi-family		-		-		-		-
Real estate - construction		3,046		-		3,890		10
Real estate - commercial		4,626		49		4,429		60
Commercial loans		2,342		15		1,855		106
Consumer and other loans		230		11		530		56
Loans with a specific valuation allowance
Real estate - residential mortgage:
One to four family units	$	334	$	-	$	1,784	$	-
Multi-family		-		-		-		-
Real estate - construction		4,111		-		7,694		-
Real estate - commercial		7,800		-		2,672		-
Commercial loans		3,693		-		2,868		-
Consumer and other loans		316		-		461		-
Total
Real estate - residential mortgage:
One to four family units	$	2,141	$	17	$	4,188	$	79
Multi-family		-		-		-		-
Real estate - construction		7,157		-		11,584		10
Real estate - commercial		12,426		49		7,101		60
Commercial loans		6,035		15		4,723		106
Consumer and other loans		546		11		991		56
Total	$	28,305	$	92	$	28,587	$	311

Loan Balance by Category [Member]

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

	September 30, 2012			December 31, 2011
Real estate - residential mortgage:
One to four family units	$	100,146,009		$	98,030,718
Multi-family		45,096,600			43,165,695
Real estate - construction		45,275,141			44,912,049
Real estate - commercial		165,782,870			194,856,374
Commercial loans		93,852,117			88,088,580
Consumer and other loans		20,416,044			20,758,027
Total loans		470,568,781			489,811,443
Less:
Allowance for loan losses		(8,476,454	)		(10,613,145	)
Deferred loan fees/costs, net		(192,241	)		(237,562	)
Net loans	$	461,900,086		$	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	$	-	$	63	$	-	$	63	$	100,083	$	100,146	$	-
Multi-family		-		-		-		-		45,097		45,097		-
Real estate - construction		145		20		693		858		44,417		45,275		-
Real estate - commercial		411		-		-		411		165,372		165,783		-
Commercial loans		259		-		1,840		2,099		91,753		93,852		-
Consumer and other loans		57		27		17		101		20,315		20,416		-
Total	$	872	$	110	$	2,550	$	3,532	$	467,037	$	470,569	$	-

	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]

As of September 30, 2012	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	$	313	$	97	$	-	$	355	$	48	$	-	$	1,267
Ending balance: collectively evaluated for impairment	$	1,351	$	2,185	$	1,215	$	279	$	1,083	$	245	$	851	$	7,209
Loans:
Ending balance: individually evaluated for impairment	$	5,742	$	7,460	$	2,744	$	-	$	3,726	$	477	$	-	$	20,149
Ending balance: collectively evaluated for impairment	$	39,533	$	158,323	$	97,402	$	45,097	$	90,126	$	19,939	$	-	$	450,420

December 31, 2011	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