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Note 5 - Loans (Tables)
9 Months Ended
Sep. 30, 2017
Notes Tables  
Schedule of Debtor Troubled Debt Restructuring, Current Period [Table Text Block]
 
 
 
 
For the three months ended
September 30, 2017
(Dollars in thousands)   Number   Balance   Modification description
         
                     
Taxi medallion    
4
    $
1,306
   
Loan amortization extension
    Total    
4
    $
1,306
   
 
    For the nine months ended
    September 30, 2017   September 30, 2016
(Dollars in thousands)   Number   Balance   Modification description   Number   Balance   Modification description
         
One-to-four family - residential    
-
    $
-
   
 
   
2
    $
263
   
Received below market interest rates and the amortizations were extended
Commercial business and other    
-
     
-
   
 
   
2
     
739
   
 One received an amortization extension and one received a below market interest rate and an amortization extension
Taxi medallion    
9
     
5,595
   
All loans amortizations were extended, with three loans also receiving a below market interest rate
   
-
     
-
   
 
Total    
9
    $
5,595
   
 
   
4
    $
1,002
   
 
Schedule of Financing Receivables, Non Accrual Status [Table Text Block]
 
(In thousands)
  September 30,
2017
  December 31,
2016
         
Loans ninety days or more past due and still accruing:        
Multi-family residential   $
415
    $
-
 
Commercial real estate    
38
     
-
 
One-to-four family - mixed-use property    
129
     
386
 
Taxi medallion    
1,147
     
-
 
Total    
1,729
     
386
 
                 
Non-accrual mortgage loans:                
Multi-family residential    
1,309
     
1,837
 
Commercial real estate    
1,147
     
1,148
 
One-to-four family - mixed-use property    
2,217
     
4,025
 
One-to-four family - residential    
7,434
     
8,241
 
Total    
12,107
     
15,251
 
                 
Non-accrual non-mortgage loans:                
Small Business Administration    
50
     
1,886
 
Taxi medallion    
-
     
3,825
 
Commercial business and other    
4
     
68
 
Total    
54
     
5,779
 
                 
Total non-accrual loans    
12,161
     
21,030
 
                 
Total non-performing loans   $
13,890
    $
21,416
 
Schedule of Interest Foregone on Non-Accrual and TDR Loans [Table Text Block]
    For the three months ended
September 30,
  For the nine months ended
September 30,
    2017   2016   2017   2016
    (In thousands)
Interest income that would have been recognized had the loans performed in accordance with their original terms   $
401
    $
468
    $
1,249
    $
1,405
 
Less:  Interest income included in the results of operations    
166
     
99
     
434
     
391
 
Total foregone interest   $
235
    $
369
    $
815
    $
1,014
 
Past Due Financing Receivables [Table Text Block]
    September 30, 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   $
6,115
    $
155
    $
1,724
    $
7,994
    $
2,228,179
    $
2,236,173
 
Commercial real estate    
3,455
     
481
     
1,185
     
5,121
     
1,347,654
     
1,352,775
 
One-to-four family - mixed-use property    
3,577
     
112
     
2,346
     
6,035
     
550,688
     
556,723
 
One-to-four family - residential    
3,646
     
43
     
7,246
     
10,935
     
166,643
     
177,578
 
Co-operative apartments    
-
     
-
     
-
     
-
     
7,035
     
7,035
 
Construction loans    
-
     
-
     
-
     
-
     
15,811
     
15,811
 
Small Business Administration    
-
     
245
     
-
     
245
     
14,240
     
14,485
 
Taxi medallion    
-
     
-
     
1,147
     
1,147
     
17,018
     
18,165
 
Commercial business and other    
-
     
-
     
4
     
4
     
674,702
     
674,706
 
Total   $
16,793
    $
1,036
    $
13,652
    $
31,481
    $
5,021,970
    $
5,053,451
 
    December 31, 2016
(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   $
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]
September 30, 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   $
5,917
    $
4,688
    $
2,568
    $
990
    $
130
    $
306
    $
2,330
    $
4,668
    $
560
    $
22,157
 
Charge-off's    
(290
)    
-
     
(1
)    
-
     
-
     
-
     
-
     
(33
)    
-
     
(324
)
Recoveries    
66
     
25
     
-
     
58
     
-
     
17
     
-
     
4
     
-
     
170
 
Provision (Benefit)    
43
     
(86
)    
(49
)    
(90
)    
(13
)    
70
     
3,661
     
290
     
(560
)    
3,266
 
Ending balance   $
5,736
    $
4,627
    $
2,518
    $
958
    $
117
    $
393
    $
5,991
    $
4,929
    $
-
    $
25,269
 
September 30, 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   $
6,177
    $
4,445
    $
3,326
    $
1,044
    $
75
    $
574
    $
1,042
    $
4,669
    $
846
    $
22,198
 
Charge-off's    
(90
)    
-
     
(71
)    
-
     
-
     
(361
)    
-
     
(19
)    
-
     
(541
)
Recoveries    
11
     
11
     
47
     
-
     
-
     
44
     
-
     
25
     
-
     
138
 
Provision (Benefit)    
(103
)    
60
     
(234
)    
(27
)    
15
     
151
     
1,290
     
(477
)    
(675
)    
-
 
Ending balance   $
5,995
    $
4,516
    $
3,068
    $
1,017
    $
90
    $
408
    $
2,332
    $
4,198
    $
171
    $
21,795
 
September 30, 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    
(452
)    
(4
)    
(36
)    
(170
)    
-
     
(89
)    
(54
)    
(48
)    
-
     
(853
)
Recoveries    
297
     
93
     
68
     
58
     
-
     
66
     
-
     
45
     
-
     
627
 
Provision (Benefit)    
(32
)    
51
     
(417
)    
55
     
25
     
(65
)    
3,802
     
440
     
(593
)    
3,266
 
Ending balance   $
5,736
    $
4,627
    $
2,518
    $
958
    $
117
    $
393
    $
5,991
    $
4,929
    $
-
    $
25,269
 
September 30, 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    
(155
)    
-
     
(139
)    
(74
)    
-
     
(362
)    
-
     
(59
)    
-
     
(789
)
Recoveries    
230
     
11
     
252
     
366
     
-
     
118
     
-
     
72
     
-
     
1,049
 
Provision (Benefit)    
(798
)    
266
     
(1,272
)    
(502
)    
40
     
390
     
1,989
     
(284
)    
171
     
-
 
Ending balance   $
5,995
    $
4,516
    $
3,068
    $
1,017
    $
90
    $
408
    $
2,332
    $
4,198
    $
171
    $
21,795
 
Schedule of Loans and the Manner in which they are Evaluated for Impairment [Table Text Block]
    September 30, 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   Total
                                                                                 
Financing Receivables:                                                                                
Ending Balance   $
2,236,173
    $
1,352,775
    $
556,723
    $
177,578
    $
7,035
    $
15,811
    $
14,485
    $
18,165
    $
674,706
    $
5,053,451
 
Ending balance: individually evaluated for impairment   $
4,721
    $
6,798
    $
6,317
    $
10,079
    $
-
    $
1,178
    $
370
    $
18,165
    $
748
    $
48,376
 
Ending balance: collectively evaluated for impairment   $
2,231,452
    $
1,345,977
    $
550,406
    $
167,499
    $
7,035
    $
14,633
    $
14,115
    $
-
    $
673,958
    $
5,005,075
 
                                                                                 
Allowance for credit losses:                                                                                
Ending balance: individually evaluated for impairment   $
217
    $
154
    $
206
    $
56
    $
-
    $
-
    $
-
    $
5,991
    $
8
    $
6,632
 
Ending balance: collectively evaluated for impairment   $
5,519
    $
4,473
    $
2,312
    $
902
    $
-
    $
117
    $
393
    $
-
    $
4,921
    $
18,637
 
    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]
    September 30, 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   $
2,489
    $
2,935
    $
-
    $
3,660
    $
3,796
    $
-
 
Commercial real estate    
4,767
     
4,767
     
-
     
4,489
     
4,516
     
-
 
One-to-four family mixed-use property    
5,079
     
5,454
     
-
     
6,435
     
6,872
     
-
 
One-to-four family residential    
9,661
     
10,696
     
-
     
9,560
     
11,117
     
-
 
Co-operative apartments    
-
     
-
     
-
     
-
     
-
     
-
 
Construction    
1,178
     
1,178
     
-
     
-
     
-
     
-
 
Non-mortgage loans:                                                
Small Business Administration    
370
     
386
     
-
     
416
     
509
     
-
 
Taxi medallion    
2,608
     
2,608
     
-
     
2,334
     
2,476
     
-
 
Commercial business and other    
380
     
749
     
-
     
2,072
     
2,443
     
-
 
                                                 
Total loans with no related allowance recorded    
26,532
     
28,773
     
-
     
28,966
     
31,729
     
-
 
                                                 
With an allowance recorded:                                                
Mortgage loans:                                                
Multi-family residential    
2,232
     
2,232
     
217
     
2,263
     
2,263
     
232
 
Commercial real estate    
2,031
     
2,031
     
154
     
2,062
     
2,062
     
179
 
One-to-four family mixed-use property    
1,238
     
1,238
     
206
     
2,374
     
2,376
     
417
 
One-to-four family residential    
418
     
418
     
56
     
429
     
429
     
60
 
Co-operative apartments    
-
     
-
     
-
     
-
     
-
     
-
 
Construction    
-
     
-
     
-
     
-
     
-
     
-
 
Non-mortgage loans:                                                
Small Business Administration    
-
     
-
     
-
     
1,521
     
1,909
     
90
 
Taxi medallion    
15,557
     
15,557
     
5,991
     
13,948
     
13,948
     
2,236
 
Commercial business and other    
368
     
368
     
8
     
420
     
420
     
12
 
                                                 
Total loans with an allowance recorded    
21,844
     
21,844
     
6,632
     
23,017
     
23,407
     
3,226
 
                                                 
Total Impaired Loans:                                                
Total mortgage loans   $
29,093
    $
30,949
    $
633
    $
31,272
    $
33,431
    $
888
 
                                                 
Total non-mortgage loans   $
19,283
    $
19,668
    $
5,999
    $
20,711
    $
21,705
    $
2,338
 
    September 30, 2017   September 30, 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   $
2,451
    $
12
    $
4,639
    $
23
 
Commercial real estate    
5,142
     
60
     
4,661
     
55
 
One-to-four family mixed-use property    
5,269
     
45
     
8,234
     
37
 
One-to-four family residential    
10,023
     
29
     
10,204
     
19
 
Co-operative apartments    
-
     
-
     
-
     
-
 
Construction    
890
     
15
     
285
     
-
 
Non-mortgage loans:                                
Small Business Administration    
260
     
5
     
404
     
13
 
Taxi medallion    
3,177
     
19
     
5,053
     
52
 
Commercial business and other    
1,254
     
6
     
2,211
     
45
 
                                 
Total loans with no related allowance recorded    
28,466
     
191
     
35,691
     
244
 
                                 
With an allowance recorded:                                
Mortgage loans:                                
Multi-family residential    
2,242
     
28
     
2,279
     
29
 
Commercial real estate    
2,040
     
24
     
2,080
     
24
 
One-to-four family mixed-use property    
1,445
     
16
     
2,567
     
35
 
One-to-four family residential    
422
     
4
     
435
     
4
 
Co-operative apartments    
-
     
-
     
-
     
-
 
Construction    
-
     
-
     
-
     
-
 
Non-mortgage loans:                                
Small Business Administration    
-
     
-
     
397
     
1
 
Taxi medallion    
14,716
     
73
     
6,459
     
17
 
Commercial business and other    
385
     
5
     
448
     
7
 
                                 
Total loans with an allowance recorded    
21,250
     
150
     
14,665
     
117
 
                                 
Total Impaired Loans:                                
Total mortgage loans   $
29,924
    $
233
    $
35,384
    $
226
 
                                 
Total non-mortgage loans   $
19,792
    $
108
    $
14,972
    $
135
 
    September 30, 2017   September 30, 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   $
2,650
    $
57
    $
5,129
    $
69
 
Commercial real estate    
5,881
     
214
     
4,841
     
162
 
One-to-four family mixed-use property    
5,399
     
123
     
8,407
     
119
 
One-to-four family residential    
10,062
     
85
     
10,457
     
69
 
Co-operative apartments    
-
     
-
     
-
     
-
 
Construction    
794
     
22
     
380
     
-
 
Non-mortgage loans:                                
Small Business Administration    
230
     
9
     
353
     
38
 
Taxi medallion    
3,771
     
74
     
3,369
     
155
 
Commercial business and other    
1,584
     
93
     
2,265
     
136
 
                                 
Total loans with no related allowance recorded    
30,371
     
677
     
35,201
     
748
 
                                 
With an allowance recorded:                                
Mortgage loans:                                
Multi-family residential    
2,391
     
107
     
2,284
     
87
 
Commercial real estate    
2,039
     
72
     
2,173
     
73
 
One-to-four family mixed-use property    
1,379
     
50
     
2,622
     
107
 
One-to-four family residential    
422
     
12
     
403
     
10
 
Co-operative apartments    
-
     
-
     
-
     
-
 
Construction    
-
     
-
     
-
     
-
 
Non-mortgage loans:                                
Small Business Administration    
-
     
-
     
315
     
4
 
Taxi medallion    
14,663
     
166
     
5,009
     
91
 
Commercial business and other    
383
     
17
     
962
     
20
 
                                 
Total loans with an allowance recorded    
21,277
     
424
     
13,768
     
392
 
                                 
Total Impaired Loans:                                
Total mortgage loans   $
31,017
    $
742
    $
36,696
    $
696
 
                                 
Total non-mortgage loans   $
20,631
    $
359
    $
12,273
    $
444
 
Financing Receivable Credit Quality Indicators [Table Text Block]
    September 30, 2017
(In thousands)   Special Mention   Substandard   Doubtful   Loss   Total
                     
Multi-family residential   $
9,333
    $
2,188
    $
-
    $
-
    $
11,521
 
Commercial real estate    
1,015
     
4,767
     
-
     
-
     
5,782
 
One-to-four family - mixed-use property    
1,700
     
4,551
     
-
     
-
     
6,251
 
One-to-four family - residential    
915
     
9,503
     
-
     
-
     
10,418
 
Co-operative apartments    
-
     
-
     
-
     
-
     
-
 
Construction loans    
-
     
1,178
     
-
     
-
     
1,178
 
Small Business Administration    
585
     
215
     
-
     
-
     
800
 
Taxi medallion    
-
     
18,165
     
-
     
-
     
18,165
 
Commercial business and other    
17,694
     
748
     
-
     
-
     
18,442
 
Total loans   $
31,242
    $
41,315
    $
-
    $
-
    $
72,557
 
    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
 
Co-operative apartments    
-
     
-
     
-
     
-
     
-
 
Construction loans    
-
     
-
     
-
     
-
     
-
 
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]
    September 30, 2017   December 31, 2016
(Dollars in thousands)   Number
of contracts
  Recorded
investment
  Number
of contracts
  Recorded
investment
                 
Multi-family residential    
1
    $
377
     
1
    $
396
 
                                 
Total troubled debt restructurings that subsequently defaulted    
1
    $
377
     
1
    $
396
 
Performing According to Restructured Terms [Member]  
Notes Tables  
Troubled Debt Restructurings on Financing Receivables [Table Text Block]
    September 30, 2017   December 31, 2016
 
(Dollars in thousands)
 
 
Number
of contracts
 
 
Recorded
investment
 
 
Number
of contracts
 
 
Recorded
investment
                 
Multi-family residential    
9
    $
2,533
     
9
    $
2,572
 
Commercial real estate    
2
     
2,031
     
2
     
2,062
 
One-to-four family - mixed-use property    
5
     
1,765
     
5
     
1,800
 
One-to-four family - residential    
3
     
577
     
3
     
591
 
Taxi medallion    
21
     
15,074
     
12
     
9,735
 
Commercial business and other    
2
     
517
     
2
     
675
 
Total performing troubled debt restructured    
42
    $
22,497
     
33
    $
17,435