Notes Tables

Schedule of non-accrual loans at amortized cost with no related allowance and interest income recognized for loans ninety days or more past due and still accruing


	At or for the nine months ended September 30, 2021
(In thousands)		Non-Accrual Amortized Cost Beginning of Reporting Period		Non-Accrual Amortized Cost Ending of Reporting Period		Non-Accrual with no related Allowance		Interest Income Recognized		Loans ninety days or more past due and still accruing:
Multi-family residential	$	2,576	$	4,461	$	4,461	$	19	$	—
Commercial real estate		1,766		640		640		—		—
One-to-four family - mixed-use property ⁽¹⁾		1,706		2,510		2,510		4		—
One-to-four family - residential		5,313		7,509		7,509		1		—
Construction		—		—		—		—		873
Small Business Administration		1,168		991		991		—		—
Taxi medallion⁽²⁾		2,758		—		—		—		—
Commercial business and other⁽¹⁾		5,660		2,500		875		63		1,052
Total	$	20,947	$	18,611	$	16,986	$	87	$	1,925

(1) Included in the above analysis are non-accrual performing TDR one-to-four family – mixed-use property totaling $0.3 million at September 30, 2021.

(2) Taxi medallion loans were completely charged off during the three months ended March 31, 2021.


	At or for the twelve months ended December 31, 2020
(In thousands)		Non-Accrual Amortized Cost Beginning of Reporting Period		Non-Accrual Amortized Cost Ending of Reporting Period		Non-Accrual with no related Allowance		Interest Income Recognized		Loans ninety days or more past due and still accruing:
Multi-family residential	$	2,723	$	2,576	$	2,576	$	—	$	201
Commercial real estate		2,714		1,766		1,766		—		2,547
One-to-four family - mixed-use property ⁽¹⁾		1,704		1,706		1,706		—		—
One-to-four family - residential		9,992		5,313		5,313		—		—
Small Business Administration		1,169		1,168		1,168		—		—
Taxi medallion⁽¹⁾		2,318		2,758		2,758		—		—
Commercial business and other⁽¹⁾		7,406		5,660		1,593		58		—
Total	$	28,026	$	20,947	$	16,880	$	58	$	2,748

(1)	Included in the above analysis are non-accrual performing TDR one-to-four family – mixed-use property totaling $0.3 million, non-accrual performing TDR taxi medallion loans totaling $0.4 million and non-accrual performing TDR commercial business loans totaling $2.2 million at December 31, 2020.

Summary of aging of the amortized cost basis in past-due loans


	September 30, 2021
					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	$	16,453	$	—	$	4,461	$	20,914	$	2,480,107	$	2,501,021
Commercial real estate		1,119		838		640		2,597		1,745,136		1,747,733
One-to-four family - mixed-use property		1,657		172		2,246		4,075		578,268		582,343
One-to-four family - residential		372		504		7,509		8,385		280,858		289,243
Construction		—		—		873		873		70,495		71,368
Small Business Administration		2,085		—		2,043		4,128		141,506		145,634
Taxi medallion		—		—		—		—		—		—
Commercial business and other		458		—		1,960		2,418		1,290,594		1,293,012
Total	$	22,144	$	1,514	$	19,732	$	43,390	$	6,586,964	$	6,630,354


	December 31, 2020
					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	$	7,582	$	3,186	$	2,777	$	13,545	$	2,522,432	$	2,535,977
Commercial real estate		17,903		5,123		4,313		27,339		1,731,045		1,758,384
One-to-four family - mixed-use property		5,673		1,132		1,433		8,238		598,647		606,885
One-to-four family - residential		3,087		805		5,313		9,205		243,486		252,691
Construction loans		750		—		—		750		82,411		83,161
Small Business Administration		1,823		—		1,168		2,991		162,579		165,570
Taxi medallion		—		—		2,318		2,318		279		2,597
Commercial business and other		129		1,273		1,593		2,995		1,296,414		1,299,409
Total	$	36,947	$	11,519	$	18,915	$	67,381	$	6,637,293	$	6,704,674

Summary of risk category of mortgage and non-mortgage loans by loan portfolio segments and class of loans by year of origination

The following table summarizes the risk category of mortgage and non-mortgage loans by loan portfolio segments and class of loans by year of origination at September 30, 2021:



														Revolving Loans,		Lines of Credit
														Amortized Cost		converted to
(In thousands)		2021		2020		2019		2018		2017		Prior		Basis		term loans		Total
1-4 Family Residential
Pass	$	53,687	$	31,937	$	35,424	$	32,594	$	21,016	$	73,993	$	10,907	$	15,953	$	275,511
Watch		—		—		725		—		2,216		1,229		146		847		5,163
Special Mention		—		—		—		278		—		350		—		337		965
Substandard		—		—		—		1,841		1,117		3,845		—		801		7,604
Total 1-4 Family Residential	$	53,687	$	31,937	$	36,149	$	34,713	$	24,349	$	79,417	$	11,053	$	17,938	$	289,243
1-4 Family Mixed-Use
Pass	$	32,110	$	35,677	$	70,360	$	73,236	$	52,100	$	298,763	$	—	$	—	$	562,246
Watch		—		—		—		2,834		6,131		7,088		—		—		16,053
Special Mention		—		—		—		—		—		1,279		—		—		1,279
Substandard		—		—		—		506		760		1,499		—		—		2,765
Total 1-4 Family Mixed Use	$	32,110	$	35,677	$	70,360	$	76,576	$	58,991	$	308,629	$	—	$	—	$	582,343
Commercial Real Estate
Pass	$	131,648	$	167,334	$	254,288	$	247,434	$	184,502	$	660,127	$	—	$	—	$	1,645,333
Watch		4,191		932		4,472		12,499		2,643		67,755		—		—		92,492
Special Mention		—		—		—		—		—		1,632		—		—		1,632
Substandard		—		—		7,572		—		—		704		—		—		8,276
Total Commercial Real Estate	$	135,839	$	168,266	$	266,332	$	259,933	$	187,145	$	730,218	$	—	$	—	$	1,747,733
Construction
Pass	$	3,477	$	25,417	$	14,798	$	1,993	$	—	$	—	$	4,233	$	—	$	49,918
Watch		—		—		2,115		9,125		5,880		—		—		—		17,120
Special Mention		—		—		—		857		2,600		—		—		—		3,457
Substandard		—		—		—		873		—		—		—		—		873
Total Construction	$	3,477	$	25,417	$	16,913	$	12,848	$	8,480	$	—	$	4,233	$	—	$	71,368
Multifamily
Pass	$	218,819	$	237,600	$	334,594	$	430,396	$	352,582	$	884,680	$	5,300	$	—	$	2,463,971
Watch		—		2,885		3,707		13,649		—		9,987		398		—		30,626
Special Mention		—		973		—		—		—		—		—		—		973
Substandard		—		—		1,176		2,549		984		742		—		—		5,451
Total Multifamily	$	218,819	$	241,458	$	339,477	$	446,594	$	353,566	$	895,409	$	5,698	$	—	$	2,501,021
Commercial Business - Secured by RE
Pass	$	131,864	$	92,989	$	38,483	$	45,725	$	27,927	$	96,840	$	—	$	—	$	433,828
Watch		—		23,346		51,319		18,546		12,064		46,477		—		—		151,752
Special Mention		—		—		598		—		—		—		—		—		598
Substandard		—		—		—		—		—		3,639		—		—		3,639
Total Commercial Business - Secured by RE	$	131,864	$	116,335	$	90,400	$	64,271	$	39,991	$	146,956	$	—	$	—	$	589,817
Commercial Business
Pass	$	86,496	$	68,366	$	84,638	$	73,370	$	28,721	$	52,443	$	190,737	$	—	$	584,771
Watch		17		1,676		22,545		18,947		32,250		37		12,697		—		88,169
Special Mention		—		—		—		2,433		34		—		13,128		—		15,595
Substandard		—		4,897		31		315		5,253		1,458		1,490		—		13,444
Doubtful		—		—		—		—		—		—		1,085		—		1,085
Total Commercial Business	$	86,513	$	74,939	$	107,214	$	95,065	$	66,258	$	53,938	$	219,137	$	—	$	703,064
Small Business Administration
Pass	$	104,557	$	28,148	$	1,273	$	1,545	$	640	$	2,875	$	—	$	—	$	139,038
Watch		—		—		59		2,583		2,076		833		—		—		5,551
Special Mention		—		—		—		—		—		48		—		—		48
Substandard		—		—		—		—		991		6		—		—		997
Total Small Business Administration	$	104,557	$	28,148	$	1,332	$	4,128	$	3,707	$	3,762	$	—	$	—	$	145,634
Other
Pass	$	—	$	—	$	—	$	—	$	—	$	52	$	79	$	—	$	131
Total Other	$	—	$	—	$	—	$	—	$	—	$	52	$	79	$	—	$	131

Total Loans	$	766,866	$	722,177	$	928,177	$	994,128	$	742,487	$	2,218,381	$	240,200	$	17,938	$	6,630,354

Summary of allowance for off balance sheet


	For the three months ended				For the nine months ended
	September 30,				September 30,
	2021		2020		2021		2020

	(In thousands)
Balance at beginning of period	$	1,570	$	1,264	$	1,815	$	—
Off-Balance Sheet - CECL Adoption		—		—		—		553
Off-Balance Sheet- Provision (Benefit)		(259)		295		(504)		1,006
Allowance for Off-Balance Sheet - Credit losses ⁽¹⁾	$	1,311	$	1,559	$	1,311	$	1,559

(1)

Included in “Other liabilities” on the Consolidated Statements of Financial Condition.

Notes Tables

Schedule of recorded investment for loans classified as TDR at amortized cost


	September 30, 2021			December 31, 2020
	Number	Amortized		Number	Amortized
(Dollars in thousands)	of contracts	Cost		of contracts	Cost
Multi-family residential	6	$	1,681	6	$	1,700
Commercial real estate	1		7,572	1		7,702
One-to-four family - mixed-use property ⁽¹⁾	5		1,655	5		1,731
One-to-four family - residential	3		489	3		507
Taxi medallion ⁽²⁾	—		—	2		440
Commercial business and other ⁽¹⁾	4		1,740	8		3,831
Total performing troubled debt restructured	19	$	13,137	25	$	15,911

(1)

These loans continue to pay as agreed, however the Company records interest received on a cash basis.

(2)

These loans were completely charged off during the three months ended March 31, 2021.