Note 7: Loans and Allowance For Loan Losses: Allowance for Credit Losses on Financing Receivables (Tables)

3 Months Ended

Mar. 31, 2015

Tables/Schedules

Allowance for Credit Losses on Financing Receivables

The following table presents the activity in the allowance for loan losses by portfolio segment for the three months ended March 31, 2015.  Also presented is the balance in the allowance for loan losses and the recorded investment in loans based on portfolio segment and impairment method as of March 31, 2015:

	One- to Four-
	Family
	Residential and	Other	Commercial	Commercial	Commercial
	Construction	Residential	Real Estate	Construction	Business	Consumer	Total
(In Thousands)
Allowance for loan losses
Balance January 1, 2015	$3,455	$2,941	$19,773	$3,562	$3,679	$5,025	$38,435
Provision (benefit) charged to expense	556	(140)	385	(113)	467	145	1,300
Losses charged off	(140)	(3)	(2)	(197)	(224)	(1,147)	(1,713)
Recoveries	114	11	60	104	23	737	1,049
Balance March 31, 2015	$3,985	$2,809	$20,216	$3,356	$3,945	$4,760	$39,071
Ending balance:
Individually evaluated for
impairment	$707	$—	$2,271	$1,414	$686	$221	$5,299
Collectively evaluated for
impairment	$3,068	$2,768	$16,547	$1,704	$3,228	$4,235	$31,550
Loans acquired and
accounted for under ASC
310-30	$210	$41	$1,398	$238	$31	$304	$2,222
Loans
Individually evaluated for
impairment	$10,937	$9,768	$26,644	$7,387	$2,270	$1,408	$58,414
Collectively evaluated for
impairment	$301,296	$385,862	$939,329	$486,115	$405,747	$491,361	$3,009,710
Loans acquired and
accounted for under ASC
310-30	$225,253	$45,989	$100,087	$2,132	$16,572	$48,115	$438,148

The following table presents the activity in the allowance for loan losses by portfolio segment for the three months ended March 31, 2014:

	One- to Four-
	Family
	Residential and	Other	Commercial	Commercial	Commercial
	Construction	Residential	Real Estate	Construction	Business	Consumer	Total
(In Thousands)
Allowance for loan losses
Balance January 1, 2014	$6,235	$2,678	$16,939	$4,464	$6,451	$3,349	$40,116
Provision (benefit) charged to expense	(548)	(687)	1,641	2,582	(2,307)	1,010	1,691
Losses charged off	(1,192)	—	(381)	(35)	(1,949)	(1,020)	(4,577)
Recoveries	143	7	244	60	146	445	1,045
Balance March 31, 2014	$4,638	$1,998	$18,443	$7,071	$2,341	$3,784	$38,275

The following table presents the balance in the allowance for loan losses and the recorded investment in loans based on portfolio segment and impairment method as of December 31, 2014:

	One- to Four-
	Family
	Residential and	Other	Commercial	Commercial	Commercial
	Construction	Residential	Real Estate	Construction	Business	Consumer	Total
(In Thousands)
Allowance for loan losses
Individually evaluated for
impairment	$829	$—	$1,751	$1,507	$823	$232	$5,142
Collectively evaluated for
impairment	$2,532	$2,923	$16,671	$1,905	$2,805	$4,321	$31,157
Loans acquired and
accounted for under ASC
310-30	$94	$18	$1,351	$150	$51	$472	$2,136
Loans
Individually evaluated for
impairment	$11,488	$9,804	$28,641	$7,601	$2,725	$1,480	$61,739
Collectively evaluated for
impairment	$288,066	$382,610	$917,235	$437,424	$392,348	$466,174	$2,883,857
Loans acquired and
accounted for under ASC
310-30	$234,158	$48,470	$107,278	$1,937	$17,789	$48,903	$458,535