| 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, 2017. Also presented are 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, 2017: | | 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, 2017 | $ 2,857 | $ 3,790 | $ 15,487 | $ 2,497 | $ 4,671 | $ 7,691 | $ 36,993 | | Provision (benefit) charged to expense | (427) | (147) | 1,246 | (724) | (661) | 2,663 | 1,950 | | Losses charged off | (41) | (2) | (1,291) | (92) | — | (2,565) | (3,991) | | Recoveries | 24 | 14 | — | 30 | 355 | 1,158 | 1,581 | | Balance June 30, 2017 | $ 2,413 | $ 3,655 | $ 15,442 | $ 1,711 | $ 4,365 | $ 8,947 | $ 36,533 | | | | | | | | | | | Balance January 1, 2017 | $ 2,322 | $ 5,486 | $ 15,938 | $ 2,284 | $ 3,015 | $ 8,355 | $ 37,400 | | Provision (benefit) charged to expense | 122 | (1,898) | 770 | (223) | 1,224 | 4,205 | 4,200 | | Losses charged off | (76) | (2) | (1,292) | (387) | (275) | (5,968) | (8,000) | | Recoveries | 45 | 69 | 26 | 37 | 401 | 2,355 | 2,933 | | Balance June 30, 2017 | $ 2,413 | $ 3,655 | $ 15,442 | $ 1,711 | $ 4,365 | $ 8,947 | $ 36,533 | | | | | | | | | | | Ending balance: | | | | | | | | | Individually evaluated for | | | | | | | | | impairment | $ 565 | $ — | $ 67 | $ — | $ 3,189 | $ 603 | $ 4,424 | | Collectively evaluated for | | | | | | | | | impairment | $ 1,794 | $ 3,614 | $ 15,147 | $ 1,630 | $ 1,142 | $ 8,272 | $ 31,599 | | Loans acquired and | | | | | | | | | accounted for under ASC | | | | | | | | | 310-30 | $ 54 | $ 41 | $ 228 | $ 81 | $ 34 | $ 72 | $ 510 | | | | | | | | | | | Loans | | | | | | | | | Individually evaluated for | | | | | | | | | impairment | $ 6,542 | $ 3,582 | $ 5,946 | $ 457 | $ 6,973 | $ 3,515 | $ 27,015 | | Collectively evaluated for | | | | | | | | | impairment | $ 347,435 | $ 681,231 | $ 1,213,436 | $ 997,681 | $ 364,513 | $ 599,971 | $ 4,204,267 | | Loans acquired and | | | | | | | | | accounted for under ASC | | | | | | | | | 310-30 | $ 136,159 | $ 23,505 | $ 43,772 | $ 4,030 | $ 5,394 | $ 30,353 | $ 243,213 | The following table presents the activity in the allowance for loan losses by portfolio segment for the three and six months ended June 30, 2016: | | 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, 2016 | $ 4,883 | $ 2,621 | $ 13,728 | $ 3,126 | $ 3,677 | $ 8,991 | $ 37,026 | | Provision (benefit) charged to expense | (700) | 1,066 | 2,696 | (143) | (114) | (505) | 2,300 | | Losses charged off | (7) | — | (1,422) | — | (173) | (1,762) | (3,364) | | Recoveries | 8 | 11 | 1,155 | 30 | 141 | 826 | 2,171 | | Balance June 30, 2016 | $ 4,184 | $ 3,698 | $ 16,157 | $ 3,013 | $ 3,531 | $ 7,550 | $ 38,133 | | | | | | | | | | | Balance January 1, 2016 | $ 4,900 | $ 3,190 | $ 14,738 | $ 3,019 | $ 4,203 | $ 8,099 | $ 38,149 | | Provision (benefit) charged to expense | (649) | 484 | 3,984 | (14) | (668) | 1,264 | 4,401 | | Losses charged off | (91) | — | (3,731) | (30) | (192) | (3,499) | (7,543) | | Recoveries | 24 | 24 | 1,166 | 38 | 188 | 1,686 | 3,126 | | Balance June 30, 2016 | $ 4,184 | $ 3,698 | $ 16,157 | $ 3,013 | $ 3,531 | $ 7,550 | $ 38,133 | | | | | | | | | | 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, 2016: | | 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 | $ 570 | $ — | $ 2,209 | $ 1,291 | $ 1,295 | $ 997 | $ 6,362 | | Collectively evaluated for | | | | | | | | | impairment | $ 1,628 | $ 5,396 | $ 13,507 | $ 953 | $ 1,681 | $ 7,248 | $ 30,413 | | Loans acquired and | | | | | | | | | accounted for under ASC | | | | | | | | | 310-30 | $ 124 | $ 90 | $ 222 | $ 40 | $ 39 | $ 110 | $ 625 | | | | | | | | | | | Loans | | | | | | | | | Individually evaluated for | | | | | | | | | impairment | $ 6,015 | $ 3,812 | $ 10,507 | $ 6,023 | $ 4,539 | $ 3,385 | $ 34,281 | | Collectively evaluated for | | | | | | | | | impairment | $ 370,172 | $ 659,566 | $ 1,176,399 | $ 825,215 | $ 369,154 | $ 669,602 | $ 4,070,108 | | Loans acquired and | | | | | | | | | accounted for under ASC | | | | | | | | | 310-30 | $ 155,378 | $ 29,600 | $ 54,208 | $ 2,191 | $ 6,429 | $ 35,353 | $ 283,159 |
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