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Loan Portfolio and Allowance for Credit Losses (Tables)
 3 Months Ended
Mar. 31, 2022
Loan Portfolio and Allowance for Credit Losses [Abstract]  
Recorded Investment in Loans by Portfolio Segment
The Following table presents loans by portfolio segment:
 
  
March 31, 2022
  
(dollars in thousands)
  
New York and
other states*
    
Florida
    
Total
  
Commercial:
                  
Commercial real estate
  
$
147,295
      
23,935
      
171,230
  
Other
    
20,198
      
980
      
21,178
  
Real estate mortgage - 1 to 4 family:
                        
First mortgages
    
2,729,257
      
1,236,705
      
3,965,962
  
Home equity loans
    
47,043
      
13,429
      
60,472
  
Home equity lines of credit
    
172,854
      
63,263
      
236,117
  
Installment
    
7,269
      
2,126
      
9,395
  
Total loans, net
  
$
3,123,916
      
1,340,438
      
4,464,354
  
Less: Allowance for credit losses on loans
                    
46,178
  
Net loans
                  
$
4,418,176
  

The Following table presents the recorded investment in loans by portfolio segment:
 
  
December 31, 2021
  
(dollars in thousands)
  
New York and
other states*
    
Florida
    
Total
  
Commercial:
                  
Commercial real estate
  
$
147,063
      
21,653
      
168,716
  
Other
    
30,889
      
595
      
31,484
  
Real estate mortgage - 1 to 4 family:
                        
First mortgages
    
2,723,734
      
1,212,568
      
3,936,302
  
Home equity loans
    
48,190
      
13,695
      
61,885
  
Home equity lines of credit
    
175,134
      
55,842
      
230,976
  
Installment
    
7,368
      
2,048
      
9,416
  
Total loans, net
  
$
3,132,378
      
1,306,401
      
4,438,779
  
Less: Allowance for loan losses
                    
44,267
  
Net loans
                  
$
4,394,512
  
Impact of Adoption in Allowance for Credit Losses by Portfolio Segment
The following table presents the impact of the January 1, 2022 adoption entry in the allowance for credit losses on loans by loan type:

(dollars in thousands)  
December 31, 2021
          
January 1, 2022
  

 
Pre-Adoption
Balance
    
Impact of Adoption
    
Post CECL
Adoption
  
   
Total
          
Total
  
Commercial:
                  
Commercial real estate
  
$
3,121
    
$
(1,100
)
  
$
2,021
  
Other
    
14
      
114
      
128
  
Real estate mortgage - 1 to 4 family:
                        
First mortgages
    
37,249
      
1,703
      
38,952
  
Home equity loans
    
583
      
262
      
845
  
Home equity lines of credit
    
2,857
      
1,752
      
4,609
  
Installment
    
443
      
(378
)
    
65
  
Total Allowance
  
$
44,267
      
2,353
    
$
46,620
  
Activity in Allowance For Credit Losses on Loans by Portfolio Segment
Activity in the allowance for credit losses on loans by portfolio segment is summarized as follows:

 
For the three months ended March 31, 2022
  
(dollars in thousands)
  
Commercial
    
Real Estate
Mortgage-
1 to 4 Family
    
Installment
    
Total
  
Balance at beginning of period
  
$
3,135
      
40,689
      
443
      
44,267
  
Impact of ASU 2016-13, Current Expected Credit Loss (CECL)
    
(986
)
    
3,717
      
(378
)
    
2,353
  
Balance as of January 1, 2022 as adjusted for ASU 2016-13
  
$
2,149
      
44,406
      
65
      
46,620
  
Loans charged off:
                                
New York and other states*
    
36
      
-
      
10
      
46
  
Florida
    
-
      
-
      
1
      
1
  
Total loan chargeoffs
    
36
      
-
      
11
      
47
  
                                 
Recoveries of loans previously charged off:
                                
New York and other states*
    
-
      
97
      
8
      
105
  
Florida
    
-
      
-
      
-
      
-
  
Total recoveries
    
-
      
97
      
8
      
105
  
Net loans charged off (recoveries)
    
36
      
(97
)
    
3
      
(58
)
(Credit) provision for credit losses
    
64
      
(572
)
    
8
      
(500
)
Balance at end of period
  
$
2,177
      
43,931
      
70
      
46,178
  

Activity in the allowance for loan losses for the three months ended March 31, 2021 was as follows:

 
For the three months ended March 31, 2021
  
(dollars in thousands)
  
Commercial
    
Real Estate
Mortgage-
1 to 4 Family
    
Installment
    
Total
  
Balance at beginning of period
  
$
4,140
      
44,950
      
505
      
49,595
  
Loans charged off:
                                
New York and other states*
    
-
      
86
      
7
      
93
  
Florida
    
-
      
-
      
2
      
2
  
Total loan chargeoffs
    
-
      
86
      
9
      
95
  
                               
Recoveries of loans previously charged off:
                                
New York and other states*
    
32
      
88
      
21
      
141
  
Florida
    
-
      
-
      
-
      
-
  
Total recoveries
    
32
      
88
      
21
      
141
  
Net loans (recoveries) charged off
    
(32
)
    
(2
)
    
(12
)
    
(46
)
(Credit) provision for loan losses
    
(120
)
    
555
      
(85
)
    
350
  
Balance at end of period
  
$
4,052
      
45,507
      
432
      
49,991
  

* Includes New York, New Jersey, Vermont and Massachusetts.
Allowance for Credit Losses on Unfunded Commitments The Company’s activity in the allowance for credit losses on unfunded commitments for the three months ended March 31, 2022 was as follows:

(In thousands)
  
Total
  
Balance at January 1, 2022
  
$
18
  
Impact of Adopting CECL
    
2,335
  
Adjusted Balance at January 1, 2022
    
2,353
  
Provision for credit losses
    
300
  
Balance at March 31, 2022
  
$
2,653
  
Risk Category Loans by Class of Loans
As of March 31, 2022, and based on the most recent analysis performed, the risk category of loans by class of loans, and gross chargeoffs for each loan type by origination year was as follows:
(in thousands)
  
March 31, 2022

  

 
Term Loans Amortized Cost Basis by Origination Year
  
   
2022
    
2021
    
2020
    
2019
    
2018
    
Prior
    
Revolving
Loans
Amortized
Cost Basis
    
Revolving
Loan
Converted to Term
    
Total
  
Commercial :
                                                      
Risk rating
                                                      
Pass
  
$
10,701
    
$
32,756
    
$
24,411
    
$
26,575
    
$
20,900
    
$
46,493
    
$
7,424
    
$
-
    
$
169,260
  
Special Mention
    
-
      
-
      
73
      
-
      
255
      
-
      
-
      
-
      
328
  
Substandard
    
-
      
-
      
118
      
-
      
140
      
1,384
      
-
      
-
      
1,642
  
Total Commercial Loans
  
$
10,701
    
$
32,756
    
$
24,602
    
$
26,575
    
$
21,295
    
$
47,877
    
$
7,424
    
$
-
    
$
171,230
  
Commercial Loans:
                                                                        
Current-period Gross writeoffs
  
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
36
    
$
-
    
$
-
    
$
36
  
   
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
36
    
$
-
    
$
-
    
$
36
  
Commercial Other:
                                                                        
Risk rating
                                                                        
Pass
  
$
419
    
$
5,931
    
$
3,301
    
$
786
    
$
956
    
$
2,634
    
$
6,705
    
$
-
    
$
20,732
  
Special mention
    
-
      
320
      
-
      
-
      
-
      
-
      
-
      
-
      
320
  
Substandard
    
-
      
25
      
-
      
-
      
-
      
101
      
-
      
-
      
126
  
Total Commercial Real Estate Loans
  
$
419
    
$
6,276
    
$
3,301
    
$
786
    
$
956
    
$
2,735
    
$
6,705
    
$
-
    
$
21,178
  
                                                                         
Other Commercial Loans:
                                                                        
Current-period Gross writeoffs
  
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
      
-
  
   
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
  
                                                                         
Residential First Mortgage:
                                                                        
Risk rating
                                                                        
Performing
  
$
142,158
    
$
971,838
    
$
834,631
    
$
392,717
    
$
279,365
    
$
1,328,713
    
$
545
    
$
-
    
$
3,949,967
  
Nonperforming
    
-
      
-
      
83
      
671
      
422
      
14,819
      
-
      
-
      
15,995
  
Total First Mortgage:
  
$
142,158
    
$
971,838
    
$
834,714
    
$
393,388
    
$
279,787
    
$
1,343,532
    
$
545
    
$
-
    
$
3,965,962
  
                                                                         
Residential First Mortgage Loans:
                                                                        
Current-period Gross writeoffs
  
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
      
-
  
   
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
  
                                                                         
Home Equity Lines:
                                                                        
Risk rating
                                                                        
Performing
  
$
2,414
    
$
10,463
    
$
7,431
    
$
8,589
    
$
5,943
    
$
25,324
    
$
-
    
$
-
    
$
60,164
  
Nonperforming
    
-
      
-
      
-
      
-
      
135
      
173
      
-
      
-
      
308
  
Total Home Equity Lines:
  
$
2,414
    
$
10,463
    
$
7,431
    
$
8,589
    
$
6,078
    
$
25,497
    
$
-
    
$
-
    
$
60,472
  
                                                                         
Home Equity Lines Loans:
                                                                        
Current-period Gross writeoffs
  
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
      
-
  
   
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
  
Home Equity Credit Lines:
                                                                        
Risk rating
                                                                        
Performing
  
$
221
    
$
721
    
$
492
    
$
100
    
$
70
    
$
19,850
    
$
211,792
    
$
-
    
$
233,246
  
Nonperforming
    
-
      
-
      
-
      
-
      
-
      
2,603
      
268
      
-
      
2,871
  
Total Home Equity Credit Lines:
  
$
221
    
$
721
    
$
492
    
$
100
    
$
70
    
$
22,453
    
$
212,060
    
$
-
    
$
236,117
  
                                                                         
Home Equity Credit Lines Loans:
                                                                        
Current-period Gross writeoffs
  
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
      
-
  
   
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
    
$
-
  
Installments:
                                                                        
Risk rating
                                                                        
Performing
  
$
937
    
$
3,409
    
$
1,326
    
$
1,471
    
$
686
    
$
375
    
$
1,150
    
$
-
    
$
9,354
  
Nonperforming
    
-
      
12
      
1
      
27
      
-
      
-
      
1
      
-
      
41
  
Total Installments
  
$
937
    
$
3,421
    
$
1,327
    
$
1,498
    
$
686
    
$
375
    
$
1,151
    
$
-
    
$
9,395
  
                                                                         
Installments Loans:
                                                                        
Current-period Gross writeoffs
  
$
-
    
$
-
    
$
5
    
$
5
    
$
-
    
$
1
    
$
-
    
$
-
      
11
  
   
$
-
    
$
-
    
$
5
    
$
5
    
$
-
    
$
1
    
$
-
    
$
-
    
$
11
  

As of December 31, 2021 the risk category of loans by class of loans is as follows:

December 31, 2021
New York and other states*:
(dollars in thousands)
Pass
Classified
Total
Commercial:
Commercial real estate
$
145,500
 1,563
147,063
Other
30,726
 163
30,889
$
176,226
1,726
177,952

Florida:
(dollars in thousands)
Pass
Classified
Total
Commercial:
Commercial real estate
$
21,113
540
21,653
Other
595
-
595
$
21,708
540
22,248

Total:
(dollars in thousands)
Pass
Classified
Total
Commercial:
Commercial real estate
$
166,613
2,103
168,716
Other
31,321
163
31,484
$
197,934
2,266
200,200

* Includes New York, New Jersey and Massachusetts.
Aging of Recorded Investment in Past Due Loans by Loan Class and by Region
The following tables present the aging of the amortized cost in past due loans by loan class and by region as of March 31, 2022:

 
March 31, 2022
  

                                   
New York and other states*:

(dollars in thousands)
  
30-59
Days
Past Due
    
60-89
Days
Past Due
    
90 +
Days
Past Due
    
Total
30+ days
Past Due
    
Current
    
Total
Loans
  
                                     
Commercial:
                                    
Commercial real estate
  
$
-
      
106
      
123
      
229
      
147,066
      
147,295
  
Other
    
27
      
-
      
4
      
31
      
20,167
      
20,198
  
Real estate mortgage - 1 to 4 family:
                                                
First mortgages
    
2,114
      
1,209
      
9,562
      
12,885
      
2,716,372
      
2,729,257
  
Home equity loans
    
19
      
-
      
173
      
192
      
46,851
      
47,043
  
Home equity lines of credit
    
727
      
25
      
1,187
      
1,939
      
170,915
      
172,854
  
Installment
    
36
      
24
      
14
      
74
      
7,195
      
7,269
  
                                                 
Total
  
$
2,923
      
1,364
      
11,063
      
15,350
      
3,108,566
      
3,123,916
  

Florida:

(dollars in thousands)
  
30-59
Days
Past Due
    
60-89
Days
Past Due
    
90 +
Days
Past Due
    
Total
30+ days
Past Due
    
Current
    
Total
Loans
  
                                     
Commercial:
                                    
Commercial real estate
  
$
-
      
-
      
-
      
-
      
23,935
      
23,935
  
Other
    
-
      
-
      
-
      
-
      
980
      
980
  
Real estate mortgage - 1 to 4 family:
                                                
First mortgages
    
623
      
-
      
1,552
      
2,175
      
1,234,530
      
1,236,705
  
Home equity loans
    
-
      
-
      
44
      
44
      
13,385
      
13,429
  
Home equity lines of credit
    
-
      
89
      
-
      
89
      
63,174
      
63,263
  
Installment
    
-
      
1
      
-
      
1
      
2,125
      
2,126
  
                                                 
Total
  
$
623
      
90
      
1,596
      
2,309
      
1,338,129
      
1,340,438
  

Total:

(dollars in thousands)
  
30-59
Days
Past Due
    
60-89
Days
Past Due
    
90 +
Days
Past Due
    
Total
30+ days
Past Due
    
Current
    
Total
Loans
  
                                     
Commercial:
                                    
Commercial real estate
  
$
-
      
106
      
123
      
229
      
171,001
      
171,230
  
Other
    
27
      
-
      
4
      
31
      
21,147
      
21,178
  
Real estate mortgage - 1 to 4 family:
                                                
First mortgages
    
2,737
      
1,209
      
11,114
      
15,060
      
3,950,902
      
3,965,962
  
Home equity loans
    
19
      
-
      
217
      
236
      
60,236
      
60,472
  
Home equity lines of credit
    
727
      
114
      
1,187
      
2,028
      
234,089
      
236,117
  
Installment
    
36
      
25
      
14
      
75
      
9,320
      
9,395
  
                                                 
Total
  
$
3,546
      
1,454
      
12,659
      
17,659
      
4,446,695
      
4,464,354
  

* Includes New York, New Jersey, Vermont and Massachusetts.
 
The Following table presents the summary of past due loans by portfolio segment:

   
December 31, 2021
  

                                   
New York and other states*:

(dollars in thousands)
  
30-59
Days
Past Due
    
60-89
Days
Past Due
    
90 +
Days
Past Due
    
Total
30+ days
Past Due
    
Current
    
Total
Loans
  
                                     
Commercial:
                                    
Commercial real estate
  
$
-
      
233
      
45
      
278
      
146,785
      
147,063
  
Other
    
-
      
-
      
-
      
-
      
30,889
      
30,889
  
Real estate mortgage - 1 to 4 family:
                                                
First mortgages
    
1,303
      
239
      
9,867
      
11,409
      
2,712,325
      
2,723,734
  
Home equity loans
    
136
      
-
      
224
      
360
      
47,830
      
48,190
  
Home equity lines of credit
    
355
      
458
      
911
      
1,724
      
173,410
      
175,134
  
Installment
    
27
      
5
      
4
      
36
      
7,332
      
7,368
  
                                                 
Total
  
$
1,821
      
935
      
11,051
      
13,807
      
3,118,571
      
3,132,378
  

Florida:

(dollars in thousands)
  
30-59
Days
Past Due
    
60-89
Days
Past Due
    
90 +
Days
Past Due
    
Total
30+ days
Past Due
    
Current
    
Total
Loans
  
                                     
Commercial:
                                    
Commercial real estate
  
$
-
      
-
      
-
      
-
      
21,653
      
21,653
  
Other
    
-
      
-
      
-
      
-
      
595
      
595
  
Real estate mortgage - 1 to 4 family:
                                                
First mortgages
    
869
      
180
      
1,146
      
2,195
      
1,210,373
      
1,212,568
  
Home equity loans
    
-
      
45
      
-
      
45
      
13,650
      
13,695
  
Home equity lines of credit
    
-
      
89
      
-
      
89
      
55,753
      
55,842
  
Installment
    
18
      
-
      
5
      
23
      
2,025
      
2,048
  
                                                 
Total
  
$
887
      
314
      
1,151
      
2,352
      
1,304,049
      
1,306,401
  

Total:

(dollars in thousands)
  
30-59
Days
Past Due
    
60-89
Days
Past Due
    
90 +
Days
Past Due
    
Total
30+ days
Past Due
    
Current
    
Total
Loans
  
                                     
Commercial:
                                    
Commercial real estate
  
$
-
      
233
      
45
      
278
      
168,438
      
168,716
  
Other
    
-
      
-
      
-
      
-
      
31,484
      
31,484
  
Real estate mortgage - 1 to 4 family:
                                                
First mortgages
    
2,172
      
419
      
11,013
      
13,604
      
3,922,698
      
3,936,302
  
Home equity loans
    
136
      
45
      
224
      
405
      
61,480
      
61,885
  
Home equity lines of credit
    
355
      
547
      
911
      
1,813
      
229,163
      
230,976
  
Installment
    
45
      
5
      
9
      
59
      
9,357
      
9,416
  
                                                 
Total
  
$
2,708
      
1,249
      
12,202
      
16,159
      
4,422,620
      
4,438,779
  

* Includes New York, New Jersey, Vermont and Massachusetts.
Recorded Investment in Non-Accrual Loans by Loan Class
The following table presents the amortized cost basis in non-accrual loans by portfolio segment:
 
   
March 31, 2022
  
(dollars in thousands)
  
New York and
other states*
    
Florida
    
Total
  
Loans in non-accrual status:
                  
Commercial:
                  
Commercial real estate
  
$
183
      
-
      
183
  
Other
    
4
      
-
      
4
  
Real estate mortgage - 1 to 4 family:
                        
First mortgages
    
14,102
      
1,893
      
15,995
  
Home equity loans
    
264
      
44
      
308
  
Home equity lines of credit
    
2,699
      
172
      
2,871
  
Installment
    
33
      
8
      
41
  
Total non-accrual loans
    
17,285
      
2,117
      
19,402
  
Restructured real estate mortgages - 1 to 4 family
    
16
      
-
      
16
  
Total nonperforming loans
  
$
17,301
      
2,117
      
19,418
  
The Following table presents the non-accrual loans by portfolio segment:


 		 
December 31, 2021
  
(dollars in thousands)
  
New York and
other states*
    
Florida
    
Total
  
Loans in non-accrual status:
                  
Commercial:
                  
Commercial real estate
  
$
67
      
-
      
67
  
Other
    
45
      
-
      
45
  
Real estate mortgage - 1 to 4 family:
                        
First mortgages
    
13,990
      
1,797
      
15,787
  
Home equity loans
    
247
      
45
      
292
  
Home equity lines of credit
    
2,337
      
174
      
2,511
  
Installment
    
23
      
14
      
37
  
Total non-accrual loans
    
16,709
      
2,030
      
18,739
  
Restructured real estate mortgages - 1 to 4 family
    
17
      
-
      
17
  
Total nonperforming loans
  
$
16,726
      
2,030
      
18,756
  

* Includes New York, New Jersey, Vermont and Massachusetts.
Loans on Non-Accrual Status and Past Due More than 90 Days
The following table presents the amortized cost basis of loans on non-accrual status and loans past due over 89 days still accruing as of March 31, 2022:

   
March 31, 2022
 
(dollars in thousands)
 
Non-accrual With
No Allowance for
Credit Loss
    
Non-accrual
With Allowance
For Credit Loss
    
Loans Past Due
Over 89 Days
Still Accruing
  
Commercial:
                  
Commercial real estate
  
$
61
    
$
123
    
$
-
  
Other
    
-
      
4
      
-
  
Real estate mortgage - 1 to 4 family:
                        
First mortgages
    
6,762
      
9,233
      
-
  
Home equity loans
    
37
      
271
      
-
  
Home equity lines of credit
    
1,030
      
1,841
      
-
  
Installment
    
-
      
41
      
-
  
Total loans, net
  
$
7,890
    
$
11,513
    
$
-
  
Allowance For Loan Losses and Recorded Investment in Loans by Portfolio Segment and Based on Impairment Method
The following tables present the balance in the allowance for credit losses on loans by portfolio segment and based on impairment evaluation as of March 31, 2022:

   
March 31, 2022
  
(dollars in thousands)
  
Commercial
Loans
    
1-to-4 Family
Residential
Real Estate
    
Installment
Loans
    
Total
  
Allowance for credit losses:
                        
Ending allowance balance attributable to loans:
                        
Individually evaluated for impairment
  
$
-
      
-
      
-
      
-
  
Collectively evaluated for impairment
    
2,177
      
43,931
      
70
      
46,178
  
                                 
Total ending allowance balance
  
$
2,177
      
43,931
      
70
      
46,178
  
                                 
Loans:
                                
Individually evaluated for impairment
  
$
305
      
17,617
      
-
      
17,922
  
Collectively evaluated for impairment
    
192,103
      
4,244,934
      
9,395
      
4,446,432
  
                                 
Total ending loans balance
  
$
192,408
      
4,262,551
      
9,395
      
4,464,354
  
The following tables present the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment and based on impairment method as of December 31, 2021:

   
December 31, 2021
  
(dollars in thousands)
  
Commercial
Loans
    
1-to-4 Family
Residential
Real Estate
    
Installment
Loans
    
Total
  
                         
Allowance for loan losses:
                        
Ending allowance balance attributable to loans:
                        
Individually evaluated for impairment
  
$
-
      
-
      
-
      
-
  
Collectively evaluated for impairment
    
3,135
      
40,689
      
443
      
44,267
  
                                 
Total ending allowance balance
  
$
3,135
      
40,689
      
443
      
44,267
  
                                 
Loans:
                                
Individually evaluated for impairment
  
$
232
      
18,272
      
-
      
18,504
  
Collectively evaluated for impairment
    
199,968
      
4,210,891
      
9,416
      
4,420,275
  
                                 
Total ending loans balance
  
$
200,200
      
4,229,163
      
9,416
      
4,438,779
 
Amortized Cost of Collateral-dependent Loans by Class The following table presents the amortized cost basis of individually analyzed collateral dependent loans by portfolio segment as of March 31, 2022:

   
Type of Collateral
  
(dollars in thousands)        

       

 
Real Estate
    
Investment
Securities/Cash
    
Other
  
Commercial:
                  
Commercial real estate
  
$
301
      
-
      
-
  
Other
    
4
      
-
      
-
  
Real estate mortgage - 1 to 4 family:
                        
First mortgages
    
15,417
      
-
      
-
  
Home equity loans
    
159
      
-
      
-
  
Home equity lines of credit
    
2,041
      
-
      
-
  
Installment
    
-
      
-
      
-
  
Total Loans
  
$
17,922
      
-
      
-
  
Impaired Loans by Loan Class
The following table presents impaired loans by loan class as of December 31, 2021:

   
December 31, 2021
  

                       
New York and other states*:

(dollars in thousands)
  
Recorded
Investment
    
Unpaid
Principal
Balance
    
Related
Allowance
    
YTD Avg
Recorded
Investment
  
                         
Commercial:
                        
Commercial real estate
  
$
187
      
279
      
-
      
1,154
  
Other
    
45
      
45
      
-
      
107
  
Real estate mortgage - 1 to 4 family:
                                
First mortgages
    
13,687
      
13,875
      
-
      
14,072
  
Home equity loans
    
161
      
161
      
-
      
235
  
Home equity lines of credit
    
1,852
      
1,939
      
-
      
2,256
  
                                 
Total
  
$
15,932
      
16,299
      
-
      
17,824
  

Florida:

(dollars in thousands)
  
Recorded
Investment
    
Unpaid
Principal
Balance
    
Related
Allowance
    
YTD Avg
Recorded
Investment
  
                         
Commercial:
                        
Commercial real estate
  
$
-
      
-
      
-
      
105
  
Other
    
-
      
-
      
-
      
-
  
Real estate mortgage - 1 to 4 family:
                                
First mortgages
    
2,368
      
2,368
      
-
      
2,562
  
Home equity loans
    
-
      
-
      
-
      
16
  
Home equity lines of credit
    
204
      
204
      
-
      
246
  
                                 
Total
  
$
2,572
      
2,572
      
-
      
2,929
  

Total:

(dollars in thousands)
  
Recorded
Investment
    
Unpaid
Principal
Balance
    
Related
Allowance
    
YTD Avg
Recorded
Investment
  
                         
Commercial:
                        
Commercial real estate
  
$
187
      
279
      
-
      
1,259
  
Other
    
45
      
45
      
-
      
107
  
Real estate mortgage - 1 to 4 family:
                                
First mortgages
    
16,055
      
16,243
      
-
      
16,634
  
Home equity loans
    
161
      
161
      
-
      
251
  
Home equity lines of credit
    
2,056
      
2,143
      
-
      
2,502
  
                                 
Total
  
$
18,504
      
18,871
      
-
      
20,753
  

* Includes New York, New Jersey, Vermont and Massachusetts.
Modified Loans by Class that were Determined to be TDR's
The following table presents, by class, loans that were modified as TDR’s:

 
Three months ended March 31, 2022
  
 New York and other states*:
                  
 
(dollars in thousands)
  
Number of
Contracts
    
Pre-Modification
Outstanding
Recorded
Investment
    
Post-Modification
Outstanding
Recorded
Investment
  
                   
Commercial:
                  
Commercial real estate
    
-
    
$
-
      
-
  
Real estate mortgage - 1 to 4 family:
                        
First mortgages
    
-
      
-
      
-
  
Home equity loans
    
3
      
370
      
370
  
Home equity lines of credit
    
-
      
-
      
-
  
                         
Total
    
3
    
$
370
      
370
  

Florida:
                  
(dollars in thousands)
  
Number of
Contracts
    
Pre-Modification
Outstanding
Recorded
Investment
    
Post-Modification
Outstanding
Recorded
Investment
  
                   
Commercial:
                  
Commercial real estate
    
-
    
$
-
      
-
  
Real estate mortgage - 1 to 4 family:
                        
First mortgages
    
-
      
-
      
-
  
Home equity loans
    
-
      
-
      
-
  
Home equity lines of credit
    
-
      
-
      
-
  
                         
Total
    
-
    
$
-
      
-
  

* Includes New York, New Jersey, Vermont and Massachusetts.