NOTE 6: LOANS AND ALLOWANCE FOR LOAN LOSSES: Allowance for Credit Losses on Financing Receivables (Tables)

3 Months Ended

Sep. 30, 2018

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 and nine months ended September 30, 2018.  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 September 30, 2018:

	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 July 1, 2018	$        2,727	$       3,845	$        19,474	$         2,395	$       2,991	$      6,124	$        37,556
Provision (benefit) charged to expense	7	341	708	538	(1,019)	725	1,300
Losses charged off	(18)	(194)	—	(4)	(274)	(2,128)	(2,618)
Recoveries	79	41	1	97	80	961	1,259
Balance September 30, 2018	$        2,795	$       4,033	$        20,183	$         3,026	$       1,778	$      5,682	$        37,497
Balance January 1, 2018	$        2,108	$       2,839	$        18,639	$         1,767	$       3,581	$      7,558	$        36,492
Provision (benefit) charged to expense	494	1,310	1,519	1,009	(991)	1,859	5,200
Losses charged off	(59)	(525)	(102)	(87)	(1,155)	(7,062)	(8,990)
Recoveries	252	409	127	337	343	3,327	4,795
Balance September 30, 2018	$        2,795	$       4,033	$        20,183	$         3,026	$       1,778	$      5,682	$        37,497
Ending balance:
Individually evaluated for
impairment	$           771	$            —	$             635	$              —	$          324	$         433	$          2,163
Collectively evaluated for
impairment	$        1,987	$       4,006	$        19,288	$         2,953	$       1,438	$      5,221	$        34,893
Loans acquired and
accounted for under ASC
310-30	$             37	$            27	$             260	$              73	$            16	$           28	$             441
Loans
Individually evaluated for
impairment	$        6,302	$            —	$          3,556	$              14	$       2,008	$      2,524	$        14,404
Collectively evaluated for
impairment	$    400,505	$   791,786	$   1,380,315	$  1,327,956	$   344,208	$  450,342	$   4,695,112
Loans acquired and
accounted for under ASC
310-30	$      98,702	$     12,927	$        35,980	$         4,240	$       4,613	$    20,688	$      177,150

The following table presents the activity in the allowance for loan losses by portfolio segment for the three and nine months ended September 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 July 1, 2017	$        2,413	$       3,655	$   15,442	$         1,711	$       4,365	$        8,947	$    36,533
Provision (benefit) charged to expense	285	190	643	298	562	972	2,950
Losses charged off	(74)	(10)	(357)	—	(1,090)	(3,151)	(4,682)
Recoveries	46	89	74	129	66	1,038	1,442
Balance September 30, 2017	$        2,670	$       3,924	$   15,802	$         2,138	$       3,903	$        7,806	$    36,243
Balance January 1, 2017	$        2,322	$       5,486	$   15,938	$         2,284	$       3,015	$        8,355	$    37,400
Provision (benefit) charged to expense	407	(1,708)	1,413	74	1,786	5,178	7,150
Losses charged off	(150)	(12)	(1,649)	(386)	(1,365)	(9,120)	(12,682)
Recoveries	91	158	100	166	467	3,393	4,375
Balance September 30, 2017	$        2,670	$       3,924	$   15,802	$         2,138	$       3,903	$        7,806	$    36,243

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, 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
Individually evaluated for
impairment	$            513	$             —	$            599	$               —	$        2,140	$          699	$         3,951
Collectively evaluated for
impairment	$         1,564	$        2,813	$       17,843	$          1,690	$        1,369	$       6,802	$       32,081
Loans acquired and
accounted for under ASC
310-30	$              31	$             26	$            197	$               77	$             72	$            57	$            460
Loans
Individually evaluated for
impairment	$         6,950	$        2,907	$         8,315	$               15	$        3,018	$       4,129	$       25,334
Collectively evaluated for
impairment	$     341,888	$    742,738	$  1,227,014	$   1,112,308	$    372,192	$   531,820	$  4,327,960
Loans acquired and
accounted for under ASC
310-30	$     120,295	$      14,877	$       39,210	$          3,806	$        5,275	$     26,206	$     209,669