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

3 Months Ended

Mar. 31, 2013

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

	March 31, 2013		December 31, 2012
Real estate - residential mortgage:
One to four family units	$	2,131,482	$	2,280,856
Multi-family		-		-
Real estate - construction		5,935,085		6,274,241
Real estate - commercial		3,333,545		3,663,771
Commercial loans		3,969,730		2,793,457
Consumer and other loans		291,522		318,963
Total	$	15,661,364	$	15,331,288

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

	Number of Loans		Pre-Modification Outstanding Recorded Balance		Post-Modification Outstanding Recorded Balance
Real estate - residential mortgage:
One to four family units		-	$	-	$	-
Multi-family		-		-		-
Real estate - construction		1		266,098		266,098
Real estate - commercial		2		3,275,179		3,297,014
Commercial loans		1		997,917		1,222,917
Consumer and other loans		-		-		-
Total		4	$	4,539,194	$	4,786,029

	Interest Rate		Term		Combination		Total Modification
Real estate - residential mortgage:
One to four family units	$	-	$	-	$	-	$	-
Multi-family		-		-		-		-
Real estate - construction		-		266,098		-		266,098
Real estate - commercial		-		-		3,297,014		3,297,014
Commercial loans		1,222,917		-		-		1,222,917
Consumer and other loans		-		-		-		-
Total	$	1,222,917	$	266,098	$	3,297,014	$	4,786,029

	March 31, 2013		December 31, 2012
Real estate - residential mortgage:
One to four family units	$	1,593,596	$	1,653,934
Multi-family		-		-
Real estate - construction		6,052,236		6,229,201
Real estate - commercial		5,120,540		2,246,508
Commercial loans		2,743,801		1,851,099
Consumer and other loans		-		-
Total	$	15,510,173	$	11,980,742

Financing Receivable Credit Quality Indicators [Table Text Block]

March 31, 2013	Construction		Commercial Real Estate		One to four family		Multi-family		Commercial		Consumer and Other		Total
	(In Thousands)
Rating:
Pass	$	38,967	$	144,482	$	93,332	$	45,240	$	85,241	$	17,038	$	424,300
Special Mention		6,962		4,302		1,328		1,265		625		104		14,586
Substandard		5,666		5,949		3,065		-		5,405		855		20,940
Doubtful		269		-		29		-		-		-		298
Total	$	51,864	$	154,733	$	97,754	$	46,505	$	91,271	$	17,997	$	460,124

December 31, 2012	Construction		Commercial Real Estate		One to four family		Multi-family		Commercial		Consumer and Other		Total
	(In Thousands)
Rating:
Pass	$	35,775	$	156,448	$	94,209	$	45,133	$	88,230	$	15,840	$	435,635
Special Mention		6,868		4,976		1,636		1,272		2,255		93		17,100
Substandard		5,581		6,337		3,507		-		4,742		784		20,951
Doubtful		693		-		30		-		-		-		723
Total	$	48,917	$	167,761	$	99,382	$	46,405	$	95,227	$	16,717	$	474,409

Recorded Investment in Impaired Loans [Member]

Impaired Financing Receivables [Table Text Block]

	March 31, 2013						December 31, 2012
	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	$	2,112	$	2,199	$	-	$	2,245	$	2,271	$	-
Multi-family		-		-		-		-		-		-
Real estate - construction		5,321		6,266		-		5,015		5,575		-
Real estate - commercial		5,079		5,404		-		2,430		2,755		-
Commercial loans		1,557		1,860		-		318		689		-
Consumer and other loans		103		103		-		103		103		-
Loans with a specific valuation allowance
Real estate - residential mortgage:
One to four family units	$	92	$	92	$	21	$	115	$	130	$	90
Multi-family		-		-		-		-		-		-
Real estate - construction		614		614		170		1,260		1,260		608
Real estate - commercial		-		-		-		3,243		3,243		180
Commercial loans		2,412		2,723		423		2,237		2,237		441
Consumer and other loans		264		264		52		311		311		48
Total
Real estate - residential mortgage:
One to four family units	$	2,204	$	2,291	$	21	$	2,360	$	2,401	$	90
Multi-family		-		-		-		-		-		-
Real estate - construction		5,935		6,880		170		6,275		6,835		608
Real estate - commercial		5,079		5,404		-		5,673		5,998		180
Commercial loans		3,969		4,583		423		2,555		2,926		441
Consumer and other loans		367		367		52		414		414		48
Total	$	17,554	$	19,525	$	666	$	17,277	$	18,574	$	1,367

	For the Three Months Ended March 31, 2013				For the Three Months Ended March 31, 2012
	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	$	2,140	$	2	$	1,409	$	5
Multi-family		-		-		-		-
Real estate - construction		5,107		-		985		-
Real estate - commercial		3,190		23		5,650		13
Commercial loans		643		1		1,903		6
Consumer and other loans		102		-		383		8
Loans with a specific valuation allowance
Real estate - residential mortgage:
One to four family units	$	107	$	-	$	604	$	-
Multi-family		-		-		-		-
Real estate - construction		1,104		-		7,021		-
Real estate - commercial		2,245		-		3,513		-
Commercial loans		2,281		-		2,270		-
Consumer and other loans		374		-		266		-
Total
Real estate - residential mortgage:
One to four family units	$	2,247	$	2	$	2,013	$	5
Multi-family		-		-		-		-
Real estate - construction		6,211		-		8,006		-
Real estate - commercial		5,435		23		9,163		13
Commercial loans		2,924		1		4,173		6
Consumer and other loans		476		-		649		8
Total	$	17,293	$	26	$	24,004	$	32

Loan Balance by Category [Member]

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

	March 31, 2013			December 31, 2012
Real estate - residential mortgage:
One to four family units	$	97,753,551		$	99,381,934
Multi-family		46,505,351			46,405,034
Real estate - construction		51,863,948			48,917,296
Real estate - commercial		154,733,461			167,760,850
Commercial loans		91,270,559			95,226,762
Consumer and other loans		17,997,090			16,716,858
Total loans		460,123,960			474,408,734
Less:
Allowance for loan losses		(8,112,081	)		(8,740,325	)
Deferred loan fees/costs, net		(119,429	)		(136,436	)
Net loans	$	451,892,450		$	465,531,973

Aging of Loans [Member]

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

As of March 31, 2013
	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	$	143	$	62	$	299	$	504	$	97,250	$	97,754	$	-
Multi-family		-		-		-		-		46,505		46,505		-
Real estate - construction		-		-		216		216		51,648		51,864		-
Real estate - commercial		-		-		-		-		154,733		154,733		-
Commercial loans		1,708		187		370		2,265		89,006		91,271		-
Consumer and other loans		103		12		-		115		17,882		17,997		-
Total	$	1,954	$	261	$	885	$	3,100	$	457,024	$	460,124	$	-

As of December 31, 2012
	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	$	52	$	4	$	-	$	56	$	99,326	$	99,382	$	-
Multi-family		-		-		-		-		46,405		46,405		-
Real estate - construction		22		28		640		690		48,227		48,917		-
Real estate - commercial		-		352		-		352		167,409		167,761		-
Commercial loans		10		610		785		1,405		93,822		95,227		-
Consumer and other loans		57		-		-		57		16,660		16,717		-
Total	$	141	$	994	$	1,425	$	2,560	$	471,849	$	474,409	$	-

Recorded Investment in Loans [Member]

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

March 31, 2013	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	$	2,525		$	2,517		$	1,316		$	284	$	1,689		$	255		$	154	$	8,740
Provision charged to expense		156			(420	)		(26	)		1		109			40			540	$	400
Losses charged off		(438	)		(186	)		(60	)		-		(373	)		(33	)		-	$	(1,090	)
Recoveries		10			-			4			-		35			13			-	$	62
Balance, end of period	$	2,253		$	1,911		$	1,234		$	285	$	1,460		$	275		$	694	$	8,112

March 31, 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		721		359			(24	)		(1	)		(163	)		26			(18	)	$	900
Losses charged off		-		(478	)		(108	)		-			-			(19	)		-		$	(605	)
Recoveries		10		14			3			-			31			8			-		$	66
Balance, end of period	$	3,239	$	2,620		$	1,606		$	389		$	1,816		$	387		$	917		$	10,974

March 31, 2013	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	$	170	$	-	$	21	$	-	$	423	$	52	$	-	$	666
Ending balance: collectively evaluated for impairment	$	2,083	$	1,911	$	1,213	$	285	$	1,037	$	223	$	694	$	7,446
Loans:
Ending balance: individually evaluated for impairment	$	5,936	$	5,079	$	2,196	$	-	$	3,969	$	366	$	-	$	17,546
Ending balance: collectively evaluated for impairment	$	45,928	$	149,654	$	95,558	$	46,505	$	87,302	$	17,631	$	-	$	442,578

December 31, 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	$	608	$	180	$	90	$	-	$	441	$	48	$	-	$	1,367
Ending balance: collectively evaluated for impairment	$	2,087	$	2,167	$	1,226	$	284	$	1,248	$	207	$	154	$	7,373
Loans:
Ending balance: individually evaluated for impairment	$	6,275	$	5,673	$	2,360	$	-	$	2,555	$	414	$	-	$	17,277
Ending balance: collectively evaluated for impairment	$	42,642	$	162,088	$	97,022	$	46,405	$	92,672	$	16,303	$	-	$	457,132