LOANS AND ALLOWANCE FOR LOAN LOSSES (Tables)

6 Months Ended

Jun. 30, 2018

Loans and Leases Receivable Disclosure [Abstract]

Schedule of loans, net of deferred costs and fees

	At June 30, 2018			At December 31, 2017
Real estate
Commercial	$	857,071		$	783,745
Construction		45,974			36,960
Multifamily		233,474			190,097
One-to-four family		23,929			25,568
Total real estate loans		1,160,448			1,036,370
Commercial and industrial		354,932			340,001
Consumer		86,277			44,595
Total loans		1,601,657			1,420,966
Deferred fees		(2,010	)		(1,070	)
Loans, net of deferred fees and unamortized costs		1,599,647			1,419,896
Allowance for loan losses		(17,463	)		(14,887	)
Balance at the end of the period	$	1,582,184		$	1,405,009

Schedule of recorded investment in non-accrual loans

	At June 30, 2018		At December 31, 2017
Commercial real estate		-	$	787
Commercial & industrial		-		-
One-to-four family		-		2,447
Consumer		192		155
Total	$	192	$	3,389

Schedule of aging of the recorded investment in past due loans

At June 30, 2018	30-59 Days		60-89 Days		Greater than 90 days		Total Past Due		Loans not Past Due		Total
Commercial real estate	$	96	$	-	$	-	$	96	$	856,975	$	857,071
Commercial & industrial		114		73		-		187		354,745		354,932
Construction		-		-		-		-		45,974		45,974
Multifamily		-		-		-		-		233,474		233,474
One-to-four family		-		-		-		-		23,929		23,929
Consumer		39		-		142		181		86,096		86,277
Total	$	249	$	73	$	142	$	464	$	1,601,193	$	1,601,657

At December 31, 2017	30-59 Days		60-89 Days		Greater than 90 days		Total Past Due		Loans not Past Due		Total
Commercial real estate	$	836	$	-	$	787	$	1,623	$	782,122	$	783,745
Commercial & industrial		85		142		-		227		339,774		340,001
Construction		-		-		-		-		36,960		36,960
Multifamily		-		-		-		-		190,097		190,097
One-to-four family		-		-		-		-		25,568		25,568
Consumer		149		21		155		325		44,270		44,595
Total	$	1,070	$	163	$	942	$	2,175	$	1,418,791	$	1,420,966

Schedule of risk category of loans by class of loans

At June 30, 2018	Pass		Special Mention		Substandard		Doubtful		Total
Commercial real estate	$	855,536	$	392	$	1,143	$	-	$	857,071
Commercial & industrial		347,278		7,654		-		-		354,932
Construction		45,974		-		-		-		45,974
Multifamily		233,474		-		-		-		233,474
Total	$	1,482,262	$	8,046	$	1,143	$	-	$	1,491,451

At December 31, 2017	Pass		Special Mention		Substandard		Doubtful		Total
Commercial real estate	$	777,410	$	4,369	$	1,966	$	-	$	783,745
Commercial & industrial		331,775		8,226		-		-		340,001
Construction		36,960		-		-		-		36,960
Multifamily		190,097		-		-		-		190,097
Total	$	1,336,242	$	12,595	$	1,966	$	-	$	1,350,803

Schedule of recorded investment based on performance status

At June 30, 2018	Performing		Non-Performing		Total
One-to-four family	$	23,929	$	-	$	23,929
Consumer		86,085		192		86,277
Total	$	110,014	$	192	$	110,206

At December 31, 2017	Performing		Non-Performing		Total
One-to-four family	$	23,121	$	2,447	$	25,568
Consumer		44,440		155		44,595
Total	$	67,561	$	2,602	$	70,163

Schedule of activity in the allowance for loan losses by segment

Three months ended June 30, 2018	Commercial Real Estate		Commercial & Industrial			Construction		Multi Family		One-to-four Family			Consumer			Total
Allowance for loan losses:
Beginning balance	$	7,800	$	5,784		$	503	$	1,210	$	383		$	580			16,260
Provision/(credit) for loan losses		339		269			163		347		(3	)		155			1,270
Loans charged-off		-		-			-		-		-			(67	)		(67	)
Recoveries		-		-			-		-		-			-			-
Total ending allowance balance	$	8,139	$	6,053		$	666	$	1,557	$	380		$	668		$	17,463
Three months ended  June 30, 2017	Commercial  Real Estate		Commercial  & Industrial			Construction		Multi  Family		One-to-four  Family			Consumer			Total
Allowance for loan losses:
Beginning balance	$	5,853	$	4,963		$	502	$	687	$	105		$	126			12,236
Provision for loan losses		605		713			55		255		(3	)		165			1,790
Loans charged-off		-		(88	)		-		-		-			(29	)		(117	)
Recoveries		-		-			-		-		-			-			-
Total ending allowance balance	$	6,458	$	5,588		$	557	$	942	$	102		$	262		$	13,909

Six months ended June  30, 2018	Commercial  Real Estate		Commercial  & Industrial			Construction		Multi Family		One-to-four  Family			Consumer			Total
Allowance for loan losses:
Beginning balance	$	7,136	$	5,578		$	519	$	1,156	$	138		$	360		$	14,887
Provision/(credit) for loan losses		950		546			147		401		242			461			2,747
Loans charged-off		-		(71	)		-		-		-			(153	)		(224	)
Recoveries		53		-			-		-		-			-			53
Total ending allowance balance	$	8,139	$	6,053		$	666	$	1,557	$	380		$	668		$	17,463
Six months ended June  30, 2017	Commercial  Real Estate		Commercial  & Industrial			Construction		Multi  Family		One-to-four  Family			Consumer			Total
Allowance for loan losses:
Beginning balance	$	5,206	$	5,364		$	409	$	620	$	109		$	107			11,815
Provision/(credit) for loan losses		1,252		444			148		322		(7	)		201			2,360
Loans charged-off		-		(220	)		-		-		-			(46	)		(266	)
Recoveries		-		-			-		-		-			-			-
Total ending allowance balance	$	6,458	$	5,588		$	557	$	942	$	102		$	262		$	13,909

Schedule of allowance for loan losses and the recorded investment in loans

At June 30, 2018	Commercial Real Estate		Commercial  & Industrial		Construction		Multi Family		One-to-four Family		Consumer		Total
Allowance for loan losses:
Individually evaluated for impairment	$	-	$	-	$	-	$	-	$	-	$	96	$	96
Collectively evaluated for impairment		8,139		6,053		666		1,557		380		572		17,367
Total ending allowance balance	$	8,139	$	6,053	$	666	$	1,557	$	380	$	668	$	17,463
Loans:
Individually evaluated for impairment	$	1,535	$	-	$	-	$	-	$	1,099	$	192	$	2,826
Collectively evaluated for impairment		855,536		354,932		45,974		233,474		22,830		86,085		1,598,831
Total ending loan balance	$	857,071	$	354,932	$	45,974	$	233,474	$	23,929	$	86,277	$	1,601,657
At December 31, 2017	Commercial Real Estate		Commercial  & Industrial		Construction		Multi Family		One-to-four Family		Consumer		Total
Allowance for loan losses:
Individually evaluated for impairment	$	-	$	-	$	-	$	-	$	9	$	77	$	86
Collectively evaluated for impairment		7,136		5,578		519		1,156		129		283	$	14,801
Total ending allowance balance	$	7,136	$	5,578	$	519	$	1,156	$	138	$	360	$	14,887
Loans:
Individually evaluated for impairment	$	2,368	$	-	$	-	$	-	$	3,566	$	155	$	6,089
Collectively evaluated for impairment		781,377		340,001		36,960		190,097		22,002		44,440		1,414,877
Total ending loan balance	$	783,745	$	340,001	$	36,960	$	190,097	$	25,568	$	44,595	$	1,420,966

Schedule of impaired by class of loans

At June 30, 2018	Unpaid Principal Balance		Recorded Investment		Allowance for Loan Losses Allocated
With an allowance recorded:
One-to-four family	$	-	$	-	$	-
Consumer		210		192		96
Total	$	210	$	192	$	96
Without an allowance recorded:
Commercial real estate	$	2,004	$	1,535	$	-
One-to-four family		1,376		1,099		-
Total	$	3,380	$	2,634	$	-

At December 31, 2017	Unpaid Principal Balance		Recorded Investment		Allowance for Loan Losses Allocated
With an allowance recorded:
One-to-four family	$	686	$	556	$	9
Consumer		155		155		77
Total	$	841	$	711	$	86
Without an allowance recorded:
Commercial real estate	$	2,890	$	2,368	$	-
One-to-four family		3,157		3,010		-
Total	$	6,047	$	5,378	$	-

Three months ended June 30, 2018	Average Recorded Investment		Interest Income Recognized
With an allowance recorded:
One-to-four family	$	-	$	-
Consumer		138		0
Total	$	138	$	-
Without an allowance recorded:
Commercial real estate	$	1,540	$	16
One-to-four family		1,104	$	14
Total	$	2,644	$	30

Three months ended June 30, 2017	Average Recorded Investment		Interest Income Recognized
With an allowance recorded:
One-to-four family	$	847	$	9
Commercial and industrial		3,660		-
Consumer		48		0
Total	$	4,555	$	9
Without an allowance recorded:
Commercial real estate	$	6,331	$	68
Commercial and industrial		1,160		12
One-to-four family		283		26
Total	$	7,774	$	106

Six months ended June 30, 2018	Average Recorded Investment		Interest Income Recognized
With an allowance recorded:
One-to-four family	$	185	$	-
Consumer		144		2
Total	$	329	$	2
Without an allowance recorded:
Commercial real estate	$	1,816	$	62
One-to-four family		1,373		28
Total	$	3,189	$	90

Six months ended June 30, 2017	Average Recorded Investment		Interest Income Recognized
With an allowance recorded:
One-to-four family	$	753	$	18
Commercial and industrial		3,660		-
Consumer		32		1
Total	$	4,445	$	19
Without an allowance recorded:
Commercial real estate	$	6,056	$	112
Commercial and industrial		1,192		26
One-to-four family		377		-
Total	$	7,625	$	138