Note 5 - Loans (Tables)

9 Months Ended

Sep. 30, 2019

Notes Tables

Schedule of Debtor Troubled Debt Restructuring, Current Period [Table Text Block]

	For the three and nine months ended
	September 30, 2019					September 30, 2018
(Dollars in thousands)	Number		Balance		Modification description	Number		Balance		Modification description
Commercial business and other		3	$	951	Amortization extensions		1	$	1,620	Amortization extension
Total		3	$	951			1	$	1,620

Financing Receivable, Nonaccrual [Table Text Block]

	September 30,		December 31,
(In thousands)	2019		2018
Loans ninety days or more past due and still accruing:
Multi-family residential	$	445	$	-
Total		445		-
Non-accrual mortgage loans:
Multi-family residential		3,132		2,410
Commercial real estate		872		1,379
One-to-four family - mixed-use property		683		928
One-to-four family - residential		5,050		6,144
Total		9,737		10,861
Non-accrual non-mortgage loans:
Small Business Administration		1,151		1,267
Taxi medallion (1)		1,352		613
Commercial business and other (1)		2,020		3,512
Total		4,523		5,392
Total non-accrual loans		14,260		16,253
Total non-performing loans	$	14,705	$	16,253

Schedule of Interest Foregone on Non-Accrual and TDR Loans [Table Text Block]

	For the three months ended				For the nine months ended
	September 30,				September 30,
	2019		2018		2019		2018
	(In thousands)
Interest income that would have been recognized had the loans performed in accordance with their original terms	$	416	$	398	$	1,224	$	1,194
Less: Interest income included in the results of operations		89		173		330		487
Total foregone interest	$	327	$	225	$	894	$	707

Financing Receivable, Past Due [Table Text Block]

	September 30, 2019
					Greater
	30 - 59 Days		60 - 89 Days		than		Total Past
(In thousands)	Past Due		Past Due		90 Days		Due		Current		Total Loans
Multi-family residential	$	1,112	$	1,401	$	3,577	$	6,090	$	2,226,215	$	2,232,305
Commercial real estate		5,944		940		872		7,756		1,551,825		1,559,581
One-to-four family - mixed-use property		1,458		869		408		2,735		584,365		587,100
One-to-four family - residential		1,020		243		5,050		6,313		178,119		184,432
Co-operative apartments		-		-		-		-		9,089		9,089
Construction loans		-		-		-		-		64,234		64,234
Small Business Administration		1,849		-		1,151		3,000		10,982		13,982
Taxi medallion		-		-		766		766		2,747		3,513
Commercial business and other		3		100		2,020		2,123		1,094,041		1,096,164
Total	$	11,386	$	3,553	$	13,844	$	28,783	$	5,721,617	$	5,750,400

	December 31, 2018
					Greater
	30 - 59 Days		60 - 89 Days		than		Total Past
(In thousands)	Past Due		Past Due		90 Days		Due		Current		Total Loans
Multi-family residential	$	1,887	$	339	$	2,410	$	4,636	$	2,264,412	$	2,269,048
Commercial real estate		379		-		1,379		1,758		1,540,789		1,542,547
One-to-four family - mixed-use property		1,003		322		928		2,253		575,488		577,741
One-to-four family - residential		1,564		-		6,144		7,708		182,642		190,350
Co-operative apartments		-		-		-		-		8,498		8,498
Construction loans		-		730		-		730		49,870		50,600
Small Business Administration		774		68		1,267		2,109		13,101		15,210
Taxi medallion		-		-		-		-		4,539		4,539
Commercial business and other		1,306		281		2,216		3,803		873,960		877,763
Total	$	6,913	$	1,740	$	14,344	$	22,997	$	5,513,299	$	5,536,296

Financing Receivable, Allowance for Credit Loss [Table Text Block]

September 30, 2019
(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			Total
Allowance for credit losses:
Beginning balance	$	5,506		$	4,265	$	1,786		$	746		$	381	$	382		$	-	$	8,444		$	21,510
Charge-off's		(189	)		-		-			-			-		-			-		(242	)		(431	)
Recoveries		6			-		140			3			-		32			-		92			273
Provision (Benefit)		54			99		(120	)		(4	)		37		(57	)		-		674			683
Ending balance	$	5,377		$	4,364	$	1,806		$	745		$	418	$	357		$	-	$	8,968		$	22,035

September 30, 2018
(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	$	5,538		$	4,726		$	2,297		$	1,003		$	264		$	549		$	-		$	5,832		$	11	$	20,220
Charge-off's		(18	)		-			(3	)		-			-			(144	)		(40	)		(15	)		-		(220	)
Recoveries		-			-			39			258			-			10			-			2			-		309
Provision (Benefit)		37			(650	)		(407	)		(382	)		(2	)		138			40			1,186			40		-
Ending balance	$	5,557		$	4,076		$	1,926		$	879		$	262		$	553		$	-		$	7,005		$	51	$	20,309

September 30, 2019
(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			Total
Allowance for credit losses:
Beginning balance	$	5,676		$	4,315	$	1,867		$	749		$	329	$	418		$	-		$	7,591		$	20,945
Charge-off's		(190	)		-		(1	)		(113	)		-		-			-			(2,379	)		(2,683	)
Recoveries		30			7		228			10			-		52			134			183			644
Provision (Benefit)		(139	)		42		(288	)		99			89		(113	)		(134	)		3,573			3,129
Ending balance	$	5,377		$	4,364	$	1,806		$	745		$	418	$	357		$	-		$	8,968		$	22,035

September 30, 2018
(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	$	5,823		$	4,643		$	2,545		$	1,082		$	68	$	669		$	-		$	5,521		$	-	$	20,351
Charge-off's		(99	)		-			(3	)		(1	)		-		(196	)		(393	)		(29	)		-		(721	)
Recoveries		2			-			118			370			-		25			-			11			-		526
Provision (Benefit)		(169	)		(567	)		(734	)		(572	)		194		55			393			1,502			51		153
Ending balance	$	5,557		$	4,076		$	1,926		$	879		$	262	$	553		$	-		$	7,005		$	51	$	20,309

Schedule of Loans and the Manner in which they are Evaluated for Impairment [Table Text Block]

September 30, 2019
(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	$	2,232,305	$	1,559,581	$	587,100	$	184,432	$	9,089	$	64,234	$	13,982	$	3,513	$	1,096,164	$	5,750,400
Ending balance: individually evaluated for impairment	$	5,195	$	949	$	2,192	$	5,841	$	-	$	-	$	1,151	$	3,513	$	2,970	$	21,811
Ending balance: collectively evaluated for impairment	$	2,227,110	$	1,558,632	$	584,908	$	178,591	$	9,089	$	64,234	$	12,831	$	-	$	1,093,194	$	5,728,589
Allowance for credit losses:
Ending balance: individually evaluated for impairment	$	94	$	-	$	51	$	48	$	-	$	-	$	-	$	-	$	116	$	309
Ending balance: collectively evaluated for impairment	$	5,283	$	4,364	$	1,755	$	697	$	-	$	418	$	357	$	-	$	8,852	$	21,726

December 31, 2018
(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	$	2,269,048	$	1,542,547	$	577,741	$	190,350	$	8,498	$	50,600	$	15,210	$	4,539	$	877,763	$	5,536,296
Ending balance: individually evaluated for impairment	$	4,500	$	1,435	$	3,098	$	6,889	$	-	$	-	$	1,267	$	4,539	$	3,791	$	25,519
Ending balance: collectively evaluated for impairment	$	2,264,548	$	1,541,112	$	574,643	$	183,461	$	8,498	$	50,600	$	13,943	$	-	$	873,972	$	5,510,777
Allowance for credit losses:
Ending balance: individually evaluated for impairment	$	100	$	-	$	143	$	51	$	-	$	-	$	-	$	-	$	866	$	1,160
Ending balance: collectively evaluated for impairment	$	5,576	$	4,315	$	1,724	$	698	$	-	$	329	$	418	$	-	$	6,725	$	19,785

Impaired Financing Receivables [Table Text Block]

	September 30, 2019						December 31, 2018
			Unpaid						Unpaid
	Recorded		Principal		Related		Recorded		Principal		Related
	Investment		Balance		Allowance		Investment		Balance		Allowance
	(In thousands)
With no related allowance recorded:
Mortgage loans:
Multi-family residential	$	3,939	$	4,438	$	-	$	3,225	$	3,568	$	-
Commercial real estate		949		949		-		1,435		1,435		-
One-to-four family mixed-use property		1,345		1,347		-		1,913		2,113		-
One-to-four family residential		5,454		5,512		-		6,490		6,643		-
Non-mortgage loans:
Small Business Administration		1,151		1,421		-		1,267		1,609		-
Taxi medallion		3,513		9,731		-		4,539		12,788		-
Commercial business and other		2,019		4,060		-		-		-		-
Total loans with no related allowance recorded		18,370		27,458		-		18,869		28,156		-
With an allowance recorded:
Mortgage loans:
Multi-family residential		1,256		1,256		94		1,275		1,275		100
One-to-four family mixed-use property		847		847		51		1,185		1,185		143
One-to-four family residential		387		387		48		399		399		51
Non-mortgage loans:
Commercial business and other		951		951		116		3,791		3,791		866
Total loans with an allowance recorded		3,441		3,441		309		6,650		6,650		1,160
Total Impaired Loans:
Total mortgage loans	$	14,177	$	14,736	$	193	$	15,922	$	16,618	$	294
Total non-mortgage loans	$	7,634	$	16,163	$	116	$	9,597	$	18,188	$	866

	September 30, 2019				September 30, 2018
	Average		Interest		Average		Interest
	Recorded		Income		Recorded		Income
	Investment		Recognized		Investment		Recognized
	(In thousands)
With no related allowance recorded:
Mortgage loans:
Multi-family residential	$	3,398	$	9	$	4,013	$	31
Commercial real estate		1,252		-		4,587		50
One-to-four family mixed-use property		1,889		17		3,452		28
One-to-four family residential		5,607		1		7,742		7
Construction		-		-		365		-
Non-mortgage loans:
Small Business Administration		1,188		-		739		31
Taxi medallion		3,534		32		6,152		84
Commercial business and other		1,912		-		20,301		482
Total loans with no related allowance recorded		18,780		59		47,351		713
With an allowance recorded:
Mortgage loans:
Multi-family residential		1,260		18		1,740		19
One-to-four family mixed-use property		922		8		1,201		15
One-to-four family residential		389		4		405		4
Non-mortgage loans:
Commercial business and other		803		-		297		4
Total loans with an allowance recorded		3,374		30		3,643		42
Total Impaired Loans:
Total mortgage loans	$	14,717	$	57	$	23,505	$	154
Total non-mortgage loans	$	7,437	$	32	$	27,489	$	601

	September 30, 2019				September 30, 2018
	Average		Interest		Average		Interest
	Recorded		Income		Recorded		Income
	Investment		Recognized		Investment		Recognized
	(In thousands)
With no related allowance recorded:
Mortgage loans:
Multi-family residential	$	3,214	$	27	$	4,201	$	67
Commercial real estate		1,259		15		5,300		176
One-to-four family mixed-use property		1,919		51		3,759		108
One-to-four family residential		5,943		5		7,974		32
Construction		238		-		243		10
Non-mortgage loans:
Small Business Administration		1,217		-		526		33
Taxi medallion		3,875		138		6,307		252
Commercial business and other		1,261		-		13,560		792
Total loans with no related allowance recorded		18,926		236		41,870		1,470
With an allowance recorded:
Mortgage loans:
Multi-family residential		1,266		54		1,896		78
Commercial real estate		-		-		1,206		39
One-to-four family mixed-use property		1,008		28		407		12
One-to-four family residential		393		12		-		-
Non-mortgage loans:
Commercial business and other		1,572		-		307		13
Total loans with an allowance recorded		4,239		94		3,816		142
Total Impaired Loans:
Total mortgage loans	$	15,240	$	192	$	24,986	$	522
Total non-mortgage loans	$	7,925	$	138	$	20,700	$	1,090

Financing Receivable Credit Quality Indicators [Table Text Block]

	September 30, 2019
(In thousands)	Special Mention		Substandard		Doubtful		Loss		Total
Multi-family residential	$	1,954	$	3,756	$	-	$	-	$	5,710
Commercial real estate		8,999		1,539		-		-		10,538
One-to-four family - mixed-use property		1,789		1,215		-		-		3,004
One-to-four family - residential		295		5,768		-		-		6,063
Construction		-		-		-		-		-
Small Business Administration		55		85		-		-		140
Taxi medallion		-		3,513		-		-		3,513
Commercial business and other		4,398		14,733		441		-		19,572
Total loans	$	17,490	$	30,609	$	441	$	-	$	48,540

	December 31, 2018
(In thousands)	Special Mention		Substandard		Doubtful		Loss		Total
Multi-family residential	$	2,498	$	4,166	$	-	$	-	$	6,664
Commercial real estate		381		4,051		-		-		4,432
One-to-four family - mixed-use property		1,199		2,034		-		-		3,233
One-to-four family - residential		557		6,665		-		-		7,222
Construction		730		-		-		-		730
Small Business Administration		481		139		-		-		620
Taxi medallion		-		4,539		-		-		4,539
Commercial business and other		730		21,348		3,512		-		25,590
Total loans	$	6,576	$	42,942	$	3,512	$	-	$	53,030

Nonperforming Financial Instruments [Member]

Notes Tables

Financing Receivable, Troubled Debt Restructuring [Table Text Block]

	September 30, 2019				December 31, 2018
	Number		Recorded		Number		Recorded
(Dollars in thousands)	of contracts		investment		of contracts		investment
Multi-family residential		-	$	-		1	$	388
Taxi medallion		3		767		-		-
Commercial business and other		2		279		1		1,397
Total troubled debt restructurings that subsequently defaulted		5	$	1,046		2	$	1,785

Performing According to Restructured Terms [Member]

Notes Tables

Financing Receivable, Troubled Debt Restructuring [Table Text Block]

	September 30, 2019				December 31, 2018
	Number		Recorded		Number		Recorded
(Dollars in thousands)	of contracts		investment		of contracts		investment
Multi-family residential		7	$	1,883		7	$	1,916
One-to-four family - mixed-use property		4		1,497		5		1,692
One-to-four family - residential		3		536		3		552
Taxi medallion (1)		8		2,161		15		3,926
Commercial business and other		3		951		1		279
Total performing troubled debt restructured		25	$	7,028		31	$	8,365