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

6 Months Ended

Jun. 30, 2015

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 and six months ended June 30, 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 June 30, 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 April 1, 2015	$3,985	$2,809	$20,216	$3,356	$3,945	$4,760	$39,071
Provision (benefit) charged to expense	(110)	524	(146)	(77)	423	686	1,300
Losses charged off	(80)	—	(2)	—	(551)	(935)	(1,568)
Recoveries	91	9	123	9	175	488	895
Balance June 30, 2015	$3,886	$3,342	$20,191	$3,288	$3,992	$4,999	$39,698

Balance January 1, 2015	$3,455	$2,941	$19,773	$3,562	$3,679	$5,025	$38,435
Provision (benefit) charged to expense	446	384	239	(190)	890	831	2,600
Losses charged off	(220)	(2)	(4)	(197)	(775)	(2,082)	(3,280)
Recoveries	205	19	183	113	198	1,225	1,943
Balance June 30, 2015	$3,886	$3,342	$20,191	$3,288	$3,992	$4,999	$39,698

Ending balance:

Individually evaluated for
impairment	$663	$—	$2,130	$1,411	$261	$243	$4,708
Collectively evaluated for
impairment	$3,044	$3,323	$16,752	$1,671	$3,693	$4,352	$32,835
Loans acquired and
accounted for under ASC
310-30	$179	$19	$1,309	$206	$38	$404	$2,155


Loans
Individually evaluated for
impairment	$9,992	$9,729	$25,891	$7,334	$1,567	$1,558	$56,071
Collectively evaluated for
impairment	$303,241	$376,172	$989,563	$501,147	$429,639	$516,809	$3,116,571
Loans acquired and
accounted for under ASC
310-30	$209,627	$47,199	$90,814	$6,726	$14,284	$47,068	$415,718

The following table presents the activity in the allowance for loan losses by portfolio segment for the three and six months ended June 30, 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 April 1, 2014	$4,638	$1,998	$18,443	$7,071	$2,341	$3,784	$38,275
Provision (benefit) charged to expense	915	(281)	(1,629)	1,110	979	368	1,462
Losses charged off	(505)	(2)	(338)	(95)	(738)	(764)	(2,442)
Recoveries	25	8	—	163	—	591	787
Balance June 30, 2014	$5,073	$1,723	$16,476	$8,249	$2,582	$3,979	$38,082

Balance January 1, 2014	$6,235	$2,678	$16,939	$4,464	$6,451	$3,349	$40,116
Provision (benefit) charged to expense	367	(968)	(134)	3,693	(1,182)	1,378	3,154
Losses charged off	(1,697)	(2)	(719)	(130)	(2,687)	(1,784)	(7,019)
Recoveries	168	15	390	222	—	1,036	1,831
Balance June 30, 2014	$5,073	$1,723	$16,476	$8,249	$2,582	$3,979	$38,082

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