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Note 5 - Loans (Tables)
3 Months Ended
Mar. 31, 2017
Notes Tables  
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]
(In thousands)   March 31,
2017
  December 31,
2016
         
Loans ninety days or more past due and still accruing:                
Commercial real estate   $
75
    $
-
 
One-to-four family - mixed-use property    
-
     
386
 
Construction    
602
     
-
 
Total    
677
     
386
 
                 
Non-accrual mortgage loans:                
Multi-family residential    
1,354
     
1,837
 
Commercial real estate    
1,462
     
1,148
 
One-to-four family - mixed-use property    
3,328
     
4,025
 
One-to-four family - residential    
7,847
     
8,241
 
Total    
13,991
     
15,251
 
                 
Non-accrual non-mortgage loans:                
Small Business Administration    
58
     
1,886
 
Taxi medallion    
3,771
     
3,825
 
Commercial business and other    
38
     
68
 
Total    
3,867
     
5,779
 
                 
Total non-accrual loans    
17,858
     
21,030
 
                 
Total non-performing loans   $
18,535
    $
21,416
 
Schedule of Interest Foregone on Non-Accrual and TDR Loans [Table Text Block]
    For the three months ended
March 31,
    2017   2016
    (In thousands)
Interest income that would have been recognized had the loans performed in accordance with their original terms   $
414
    $
540
 
Less:  Interest income included in the results of operations    
127
     
123
 
Total foregone interest   $
287
    $
417
 
Past Due Financing Receivables [Table Text Block]
    March 31, 2017
(In thousands)
  30 - 59 Days
Past Due
  60 - 89 Days
Past Due
  Greater
than
90 Days
  Total Past
Due
  Current   Total Loans
                         
Multi-family residential   $
5,465
    $
479
    $
1,354
    $
7,298
    $
2,254,648
    $
2,261,946
 
Commercial real estate    
2,194
     
876
     
1,537
     
4,607
     
1,264,163
     
1,268,770
 
One-to-four family - mixed-use property    
5,519
     
636
     
3,328
     
9,483
     
551,872
     
561,355
 
One-to-four family - residential    
1,379
     
1,350
     
7,655
     
10,385
     
173,816
     
184,201
 
Co-operative apartments    
-
     
-
     
-
     
-
     
7,216
     
7,216
 
Construction loans    
-
     
-
     
602
     
602
     
11,811
     
12,413
 
Small Business Administration    
-
     
-
     
-
     
-
     
10,519
     
10,519
 
Taxi medallion    
1,159
     
-
     
3,771
     
4,930
     
13,902
     
18,832
 
Commercial business and other    
21
     
731
     
-
     
752
     
631,751
     
632,503
 
Total   $
15,737
    $
4,072
    $
18,247
    $
38,057
    $
4,919,698
    $
4,957,755
 
    December 31, 2016
(In thousands)   30 - 59 Days
Past Due
  60 - 89 Days
Past Due
  than
90 Days
  Total Past
Due
  Current   Total Loans
             
                         
Multi-family residential   $
2,575
    $
287
    $
1,837
    $
4,699
    $
2,173,805
    $
2,178,504
 
Commercial real estate    
3,363
     
22
     
1,148
     
4,533
     
1,241,599
     
1,246,132
 
One-to-four family - mixed-use property    
4,671
     
762
     
4,411
     
9,844
     
548,658
     
558,502
 
One-to-four family - residential    
3,831
     
194
     
8,047
     
12,072
     
173,695
     
185,767
 
Co-operative apartments    
-
     
-
     
-
     
-
     
7,418
     
7,418
 
Construction loans    
-
     
-
     
-
     
-
     
11,495
     
11,495
 
Small Business Administration    
13
     
-
     
1,814
     
1,827
     
13,371
     
15,198
 
Taxi medallion    
-
     
-
     
3,825
     
3,825
     
15,171
     
18,996
 
Commercial business and other    
22
     
1
     
-
     
23
     
597,099
     
597,122
 
Total   $
14,475
    $
1,266
    $
21,082
    $
36,823
    $
4,782,311
    $
4,819,134
 
Allowance for Credit Losses on Financing Receivables [Table Text Block]
March 31, 2017
(In thousands)
 
Multi-family residential
 
Commercial real estate
 
One-to-four family - mixed-use property
 
One-to-four family - residential
 
Construction loans
 
Small Business Administration
 
Taxi medallion
 
Commercial business and other
 
Unallocated
 
Total
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Allowance for credit losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance
 
$
5,923
 
 
$
4,487
 
 
$
2,903
 
 
$
1,015
 
 
$
92
 
 
$
481
 
 
$
2,243
 
 
$
4,492
 
 
$
593
 
 
$
22,229
 
Charge-off's
 
 
(14
)
 
 
-
 
 
 
(34
)
 
 
-
 
 
 
-
 
 
 
(65
)
 
 
(54
)
 
 
(12
)
 
 
-
 
 
 
(179
)
Recoveries
 
 
30
 
 
 
68
 
 
 
-
 
 
 
-
 
 
 
-
 
 
 
41
 
 
 
-
 
 
 
22
 
 
 
-
 
 
 
161
 
Provision (benefit)
 
 
(32
)
 
 
(70
)
 
 
(178
)
 
 
(36
)
 
 
2
 
 
 
(140
)
 
 
24
 
 
 
208
 
 
 
222
 
 
 
-
 
Ending balance
 
$
5,907
 
 
$
4,485
 
 
$
2,691
 
 
$
979
 
 
$
94
 
 
$
317
 
 
$
2,213
 
 
$
4,710
 
 
$
815
 
 
$
22,211
 
March 31, 2016
(In thousands)   Multi-family residential   Commercial real estate   One-to-four family - mixed-use property   One-to-four family - residential   Construction loans   Small Business Administration   Taxi medallion   Commercial business and other   Unallocated   Total
                                         
Allowance for credit losses:                                                                                
Beginning balance   $
6,718
    $
4,239
    $
4,227
    $
1,227
    $
50
    $
262
    $
343
    $
4,469
    $
-
    $
21,535
 
Charge-off's    
(42
)    
-
     
(14
)    
(66
)    
-
     
-
     
-
     
(25
)    
-
     
(147
)
Recoveries    
13
     
-
     
187
     
365
     
-
     
31
     
-
     
9
     
-
     
605
 
Provision (benefit)    
(391
)    
(38
)    
(893
)    
(484
)    
5
     
(24
)    
(8
)    
138
     
1,695
     
-
 
Ending balance   $
6,298
    $
4,201
    $
3,507
    $
1,042
    $
55
    $
269
    $
335
    $
4,591
    $
1,695
    $
21,993
 
Schedule of Loans and the Manner in which they are Evaluated for Impairment [Table Text Block]
At March 31, 2017
(in thousands)
 
Multi-family residential
 
Commercial real estate
 
One-to-four family - mixed-use property
 
One-to-four family- residential
 
Co-operative apartments
 
Construction loans
 
Small Business Administration
 
Taxi Medallion
 
Commercial business and other
 
Unallocated
 
Total
Financing Receivables:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ending Balance
 
$
2,261,946
 
 
$
1,268,770
 
 
$
561,355
 
 
$
184,201
 
 
$
7,216
 
 
$
12,413
 
 
$
10,519
 
 
$
18,832
 
 
$
632,503
 
 
$
-
 
 
$
4,957,755
 
Ending balance: individually evaluated for impairment
 
$
5,299
 
 
$
9,409
 
 
$
7,311
 
 
$
10,566
 
 
$
-
 
 
$
602
 
 
$
170
 
 
$
18,832
 
 
$
2,647
 
 
$
-
 
 
$
54,836
 
Ending balance: collectively evaluated for impairment
 
$
2,256,647
 
 
$
1,259,361
 
 
$
554,044
 
 
$
173,635
 
 
$
7,216
 
 
$
11,811
 
 
$
10,349
 
 
$
-
 
 
$
629,856
 
 
$
-
 
 
$
4,902,919
 
Allowance for credit losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ending balance: individually evaluated for impairment
 
$
227
 
 
$
168
 
 
$
240
 
 
$
59
 
 
$
-
 
 
$
-
 
 
$
-
 
 
$
2,213
 
 
$
10
 
 
$
-
 
 
$
2,917
 
Ending balance: collectively evaluated for impairment
 
$
5,681
 
 
$
4,317
 
 
$
2,451
 
 
$
920
 
 
$
-
 
 
$
94
 
 
$
316
 
 
$
-
 
 
$
4,700
 
 
$
815
 
 
$
19,294
 
At December 31, 2016
(in thousands)
 
Multi-family residential
 
Commercial real estate
 
One-to-four family - mixed-use property
 
One-to-four family- residential
 
Co-operative apartments
 
Construction loans
 
Small Business Administration
 
Taxi Medallion
 
Commercial business and other
 
Unallocated
 
Total
Financing Receivables:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ending Balance
 
$
2,178,504
 
 
$
1,246,132
 
 
$
558,502
 
 
$
185,767
 
 
$
7,418
 
 
$
11,495
 
 
$
15,198
 
 
$
18,996
 
 
$
597,122
 
 
$
-
 
 
$
4,819,134
 
Ending balance: individually evaluated for impairment
 
$
5,923
 
 
$
6,551
 
 
$
8,809
 
 
$
9,989
 
 
$
-
 
 
$
-
 
 
$
1,937
 
 
$
16,282
 
 
$
2,492
 
 
$
-
 
 
$
51,983
 
Ending balance: collectively evaluated for impairment
 
$
2,172,581
 
 
$
1,239,581
 
 
$
549,693
 
 
$
175,778
 
 
$
7,418
 
 
$
11,495
 
 
$
13,261
 
 
$
2,714
 
 
$
594,630
 
 
$
-
 
 
$
4,767,151
 
Allowance for credit losses:
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Ending balance: individually evaluated for impairment
 
$
232
 
 
$
179
 
 
$
417
 
 
$
60
 
 
$
-
 
 
$
-
 
 
$
90
 
 
$
2,236
 
 
$
12
 
 
$
-
 
 
$
3,226
 
Ending balance: collectively evaluated for impairment
 
$
5,691
 
 
$
4,308
 
 
$
2,486
 
 
$
955
 
 
$
-
 
 
$
92
 
 
$
391
 
 
$
7
 
 
$
4,480
 
 
$
593
 
 
$
19,003
 
Impaired Financing Receivables [Table Text Block]
    March 31, 2017   December 31, 2016
    Recorded
Investment
  Unpaid
Principal
Balance
  Related
Allowance
  Recorded
Investment
  Unpaid
Principal
Balance
  Related
Allowance
    (In thousands)
With no related allowance recorded:                                                
Mortgage loans:                                                
Multi-family residential   $
3,048
    $
3,198
    $
-
    $
3,660
    $
3,796
    $
-
 
Commercial real estate    
7,360
     
7,387
     
-
     
4,489
     
4,516
     
-
 
One-to-four family mixed-use property    
5,660
     
6,098
     
-
     
6,435
     
6,872
     
-
 
One-to-four family residential    
10,141
     
11,665
     
-
     
9,560
     
11,117
     
-
 
Construction    
602
     
602
     
-
     
-
     
-
     
-
 
Non-mortgage loans:                                                
Small Business Administration    
170
     
711
     
-
     
416
     
509
     
-
 
Taxi medallion    
4,958
     
5,155
     
-
     
2,334
     
2,476
     
-
 
Commercial business and other    
2,246
     
2,615
     
-
     
2,072
     
2,443
     
-
 
                                                 
Total loans with no related allowance recorded    
34,185
     
37,431
     
-
     
28,966
     
31,729
     
-
 
                                                 
With an allowance recorded:                                                
Mortgage loans:                                                
Multi-family residential    
2,251
     
2,251
     
227
     
2,263
     
2,263
     
232
 
Commercial real estate    
2,049
     
2,049
     
168
     
2,062
     
2,062
     
179
 
One-to-four family mixed-use property    
1,651
     
1,654
     
240
     
2,374
     
2,376
     
417
 
One-to-four family residential    
425
     
425
     
59
     
429
     
429
     
60
 
Non-mortgage loans:                                                
Small Business Administration    
-
     
-
     
-
     
1,521
     
1,909
     
90
 
Taxi medallion    
13,874
     
13,874
     
2,213
     
13,948
     
13,948
     
2,236
 
Commercial business and other    
401
     
401
     
10
     
420
     
420
     
12
 
                                                 
Total loans with an allowance recorded    
20,651
     
20,654
     
2,917
     
23,017
     
23,407
     
3,226
 
                                                 
Total Impaired Loans:                                                
Total mortgage loans   $
33,187
    $
35,329
    $
694
    $
31,272
    $
33,431
    $
888
 
                                                 
Total non-mortgage loans   $
21,649
    $
22,756
    $
2,223
    $
20,711
    $
21,705
    $
2,338
 
    March 31, 2017   March 31, 2016
    Average
Recorded
Investment
  Interest
Income
Recognized
  Average
Recorded
Investment
  Interest
Income
Recognized
    (In thousands)
With no related allowance recorded:                                
Mortgage loans:                                
Multi-family residential   $
3,354
    $
23
    $
5,925
    $
17
 
Commercial real estate    
5,925
     
95
     
4,507
     
12
 
One-to-four family mixed-use property    
6,048
     
37
     
9,418
     
33
 
One-to-four family residential    
9,851
     
26
     
11,610
     
27
 
Construction    
301
     
7
     
785
     
-
 
Non-mortgage loans:                                
Small Business Administration    
293
     
2
     
264
     
3
 
Taxi Medallion    
3,646
     
30
     
-
     
-
 
Commercial Business and other    
2,159
     
44
     
2,528
     
46
 
                                 
Total loans with no related allowance recorded    
31,577
     
264
     
35,037
     
138
 
                                 
With an allowance recorded:                                
Mortgage loans:                                
Multi-family residential    
2,257
     
29
     
2,300
     
29
 
Commercial real estate    
2,056
     
24
     
2,365
     
28
 
One-to-four family mixed-use property    
2,013
     
18
     
2,739
     
38
 
One-to-four family residential    
427
     
4
     
342
     
3
 
Non-mortgage loans:                                
Small Business Administration    
761
     
-
     
92
     
2
 
Taxi Medallion    
13,911
     
43
     
2,114
     
15
 
Commercial Business and other    
411
     
6
     
2,013
     
25
 
                                 
Total loans with an allowance recorded    
21,836
     
124
     
11,965
     
140
 
                                 
Total Impaired Loans:                                
Total mortgage loans   $
32,232
    $
263
    $
39,991
    $
187
 
                                 
Total non-mortgage loans   $
21,181
    $
125
    $
7,011
    $
91
 
Financing Receivable Credit Quality Indicators [Table Text Block]
    March 31, 2017
(In thousands)   Special Mention   Substandard   Doubtful   Loss   Total
                     
Multi-family residential   $
7,230
    $
2,742
    $
-
    $
-
    $
9,972
 
Commercial real estate    
639
     
7,359
     
-
     
-
     
7,998
 
One-to-four family - mixed-use property    
3,446
     
5,521
     
-
     
-
     
8,967
 
One-to-four family - residential    
2,214
     
9,980
     
-
     
-
     
12,194
 
Construction loans    
-
     
602
     
-
     
-
     
602
 
Small Business Administration    
532
     
116
     
-
     
-
     
648
 
Taxi Medallion    
-
     
18,832
     
-
     
-
     
18,832
 
Commercial business and other    
9,108
     
2,647
     
-
     
-
     
11,755
 
Total loans   $
23,169
    $
47,799
    $
-
    $
-
    $
70,968
 
    December 31, 2016
(In thousands)   Special Mention   Substandard   Doubtful   Loss   Total
                     
Multi-family residential   $
7,133
    $
3,351
    $
-
    $
-
    $
10,484
 
Commercial real estate    
2,941
     
4,489
     
-
     
-
     
7,430
 
One-to-four family - mixed-use property    
4,197
     
7,009
     
-
     
-
     
11,206
 
One-to-four family - residential    
1,205
     
9,399
     
-
     
-
     
10,604
 
Small Business Administration    
540
     
436
     
-
     
-
     
976
 
Taxi Medallion    
2,715
     
16,228
     
54
     
-
     
18,997
 
Commercial business and other    
9,924
     
2,493
     
-
     
-
     
12,417
 
Total loans   $
28,655
    $
43,405
    $
54
    $
-
    $
72,114
 
Nonperforming Financial Instruments [Member]  
Notes Tables  
Troubled Debt Restructurings on Financing Receivables [Table Text Block]
    March 31, 2017   December 31, 2016
(Dollars in thousands)   Number
of contracts
  Recorded
investment
  Number
of contracts
  Recorded
investment
                 
Multi-family residential    
1
    $
384
     
1
    $
396
 
                                 
Total troubled debt restructurings that subsequently defaulted    
1
    $
384
     
1
     
396
 
Performing According to Restructured Terms [Member]  
Notes Tables  
Troubled Debt Restructurings on Financing Receivables [Table Text Block]
    March 31, 2017   December 31, 2016
(Dollars in thousands)
  Number
of contracts
  Recorded
investment
  Number
of contracts
  Recorded
investment
                 
Multi-family residential    
9
    $
2,557
     
9
    $
2,572
 
Commercial real estate    
2
     
2,049
     
2
     
2,062
 
One-to-four family - mixed-use property    
5
     
1,791
     
5
     
1,800
 
One-to-four family - residential    
3
     
586
     
3
     
591
 
Taxi medallion    
12
     
9,660
     
12
     
9,735
 
Commercial business and other    
2
     
621
     
2
     
675
 
                                 
Total performing troubled debt restructured    
33
    $
17,264
     
33
    $
17,435