XML 23 R33.htm IDEA: XBRL DOCUMENT v2.4.1.9
Accrued Interest Receivable (Tables)
12 Months Ended
Dec. 31, 2014
Accrued Interest Receivable [Abstract]  
Schedule of Accounts, Notes, Loans and Financing Receivable
Loans receivable at December 31, 2014, and 2013 are summarized as follows: 
 
December 31,
 
2014
 
2013
 
(In thousands)
One-to-four family residential:
 
 
 
Permanent owner occupied
$
161,013

 
$
158,797

Permanent non-owner occupied
112,180

 
121,877

Construction non-owner occupied
500

 

 
273,693

 
280,674

Multifamily:
 

 
 

Permanent
116,014

 
106,152

Construction
4,450

 
12,360

 
120,464

 
118,512

Commercial real estate:
 

 
 

Permanent
239,211

 
227,016

Construction
6,100

 
19,905

Land
2,956

 
1,831

 
248,267

 
248,752

Construction/land development: (1)
 

 
 

One-to-four family residential
19,860

 
3,977

Multifamily
17,902

 
12,491

Commercial
4,300

 
6,726

Land development
8,993

 
7,461

 
51,055

 
30,655

 
 
 
 
Business
3,783

 
1,142

Consumer
7,130

 
9,201

Total loans
704,392

 
688,936

Less:
 

 
 

Loans in process ("LIP")
27,359

 
10,209

Deferred loan fees, net
2,604

 
2,580

ALLL
10,491

 
12,994

Loans receivable, net
$
663,938

 
$
663,153

___________
(1) 
Excludes construction loans that will convert to permanent loans. The Company considers these loans to be "rollovers" in that one loan is originated for both the construction loan and permanent financing. These loans are classified according to the underlying collateral. At December 31, 2014, the Company had $6.1 million, or 2.5% of the total commercial real estate portfolio, $4.5 million, or 3.7% of the total multifamily loans, and $500,000 or 0.2% of the total one-to-four family residential in these "rollover" type of loans. At December 31, 2013, the Company had $19.9 million, or 8.0% of the total commercial real estate portfolio and $12.4 million, or 10.4% of the total multifamily loans in these rollover type of loans. At December 31, 2014 and December 31, 2013, $3.0 million and $1.8 million, respectively, of commercial real estate loans were not included in the construction/land development category because the Company classifies raw land or buildable lots when it does not intend to finance the construction as commercial real estate land loans.
Accrued interest receivable consisted of the following at December 31, 2014, and 2013:
 
December 31,
 
2014
 
2013
 
(In thousands)
Loans receivable
$
2,879

 
$
3,250

Investments
382

 
446

Interest-earning deposits
4

 
2

 
$
3,265

 
$
3,698