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Note 3 - Loans and Allowance for Loan Losses (Tables)

12 Months Ended

Dec. 31, 2018

Notes Tables

Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]

		2018				2017
		(In thousands)
Multi-family residential		$	2,269,048			$	2,273,595
Commercial real estate			1,542,547				1,368,112
One-to-four family ― mixed-use property			577,741				564,206
One-to-four family ― residential			190,350				180,663
Co-operative apartments			8,498				6,895
Construction			50,600				8,479
Small Business Administration			15,210				18,479
Taxi medallion			4,539				6,834
Commercial business and other			877,763				732,973
Gross loans			5,536,296				5,160,236
Net unamortized premiums and unearned loan fees			15,188				16,763
Total loans, net of fees and costs		$	5,551,484			$	5,176,999

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

		For the year ended December 31, 2018
(Dollars in thousands)		Number				Balance				Modification description
Commercial business and other			1			$	1,620			Loan amortization extension.
Total			1			$	1,620

		For the year ended December 31, 2017
(Dollars in thousands)		Number				Balance				Modification description
Taxi medallion			10			$	6,741			Four loans received a below market interest rate and the loan amortization was extended. Six loans had loan amortization extensions.
Total			10			$	6,741

		For the year ended December 31, 2016
(Dollars in thousands)		Number				Balance				Modification description
One-to-four family - residential			2			$	263			Received a below market interest rate and the loans amortization were extended
Taxi medallion			12				9,764			Nine loans received a below market interest rate and three had their loan amortization extended
Commercial business and other			1				324			Received a below market interest rate and the loan amortization was extended
Total			15			$	10,351

Schedule of Financing Receivables, Non Accrual Status [Table Text Block]

		At December 31,
(In thousands)		2018				2017
Loans ninety days or more past due and still accruing:
Commercial real estate		$	-			$	2,424
Total			-				2,424
Non-accrual mortgage loans:
Multi-family residential			2,410				3,598
Commercial real estate			1,379				1,473
One-to-four family mixed-use property			928				1,867
One-to-four family residential			6,144				7,808
Total			10,861				14,746
Non-accrual non-mortgage loans:
Small Business Administration			1,267				46
Taxi medallion			613				918
Commercial business and other			3,512				-
Total			5,392				964
Total non-accrual loans			16,253				15,710
Total non-performing loans		$	16,253			$	18,134

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

		2018				2017				2016
		(In thousands)
Interest income that would have been recognized had the loans performed in accordance with their original terms		$	1,604			$	1,705			$	1,963
Less:  Interest income included in the results of operations			623				619				455
Total foregone interest		$	981			$	1,086			$	1,508

Past Due Financing Receivables [Table Text Block]

(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		$	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			4				68				1,267				1,339				13,871				15,210
Taxi medallion			-				-				-				-				4,539				4,539
Commercial business and other			2,076				281				2,216				4,573				873,190				877,763
Total		$	6,913			$	1,740			$	14,344			$	22,997			$	5,513,299			$	5,536,296

(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		$	2,533			$	279			$	3,598			$	6,410			$	2,267,185			$	2,273,595
Commercial real estate			1,680				2,197				3,897				7,774				1,360,338				1,368,112
One-to-four family - mixed-use property			1,570				860				1,867				4,297				559,909				564,206
One-to-four family - residential			1,921				680				7,623				10,224				170,439				180,663
Co-operative apartments			-				-				-				-				6,895				6,895
Construction loans			-				-				-				-				8,479				8,479
Small Business Administration			-				-				-				-				18,479				18,479
Taxi medallion			-				108				-				108				6,726				6,834
Commercial business and other			2				-				-				2				732,971				732,973
Total		$	7,706			$	4,124			$	16,985			$	28,815			$	5,131,421			$	5,160,236

Allowance for Credit Losses on Financing Receivables [Table Text Block]

For the year ended 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
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	)			-				-				(392	)			(393	)			(44	)			(932	)
Recoveries			6				-				136				569				-				-				51				143				46				951
Provision (benefit)			(54	)			(328	)			(811	)			(901	)			-				261				90				250				2,068				575
Ending balance		$	5,676			$	4,315			$	1,867			$	749			$	-			$	329			$	418			$	-			$	7,591			$	20,945

For the year ended December 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
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			(454	)			(4	)			(39	)			(415	)			-				-				(212	)			(11,283	)			(65	)			-				(12,472	)
Recoveries			300				96				108				91				-				-				80				-				58				-				733
Provision (benefit)			54				64				(427	)			391				-				(24	)			320				9,040				1,036				(593	)			9,861
Ending balance		$	5,823			$	4,643			$	2,545			$	1,082			$	-			$	68			$	669			$	-			$	5,521			$	-			$	20,351

For the year ended 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
Allowance for credit losses:
Beginning balance		$	6,718			$	4,239			$	4,227			$	1,227			$	-			$	50			$	262			$	343			$	4,469			$	-			$	21,535
Charge-off's			(161	)			-				(144	)			(114	)			-				-				(529	)			(142	)			(69	)			-				(1,159	)
Recoveries			339				11				777				366				-				-				99				-				261				-				1,853
Provision (benefit)			(973	)			237				(1,957	)			(464	)			-				42				649				2,042				(169	)			593				-
Ending balance		$	5,923			$	4,487			$	2,903			$	1,015			$	-			$	92			$	481			$	2,243			$	4,492			$	593			$	22,229

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

At 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

At December 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				Total
Financing Receivables:
Ending Balance		$	2,273,595			$	1,368,112			$	564,206			$	180,663			$	6,895			$	8,479			$	18,479			$	6,834			$	732,973			$	5,160,236
Ending balance: individually evaluated for impairment		$	7,311			$	9,089			$	5,445			$	9,686			$	-			$	-			$	137			$	6,834			$	661			$	39,163
Ending balance: collectively evaluated for impairment		$	2,266,284			$	1,359,023			$	558,761			$	170,977			$	6,895			$	8,479			$	18,342			$	-			$	732,312			$	5,121,073
Allowance for credit losses:
Ending balance: individually evaluated for impairment		$	205			$	177			$	198			$	56			$	-			$	-			$	-			$	-			$	6			$	642
Ending balance: collectively evaluated for impairment		$	5,618			$	4,466			$	2,347			$	1,026			$	-			$	68			$	669			$	-			$	5,515			$	19,709

Impaired Financing Receivables [Table Text Block]

		December 31, 2018												December 31, 2017
		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		$	3,225			$	3,568			$	-			$	5,091			$	5,539			$	-
Commercial real estate			1,435				1,435				-				7,103				7,103				-
One-to-four family mixed-use property			1,913				2,113				-				4,218				4,556				-
One-to-four family residential			6,490				6,643				-				9,272				10,489				-
Non-mortgage loans:
Small Business Administration			1,267				1,609				-				137				151				-
Taxi medallion			4,539				12,788				-				6,834				18,063				-
Commercial business and other			-				-				-				313				682				-
Total loans with no related allowance recorded			18,869				28,156				-				32,968				46,583				-
With an allowance recorded:
Mortgage loans:
Multi-family residential			1,275				1,275				100				2,220				2,220				205
Commercial real estate			-				-				-				1,986				1,986				177
One-to-four family mixed-use property			1,185				1,185				143				1,227				1,227				198
One-to-four family residential			399				399				51				414				414				56
Commercial business and other			3,791				3,791				866				348				348				6
Total loans with an allowance recorded			6,650				6,650				1,160				6,195				6,195				642
Total Impaired Loans:
Total mortgage loans		$	15,922			$	16,618			$	294			$	31,531			$	33,534			$	636
Total non-mortgage loans		$	9,597			$	18,188			$	866			$	7,632			$	19,244			$	6

		December 31, 2018								December 31, 2017								December 31, 2016
		Average Recorded Investment				Interest Income Recognized				Average Recorded Investment				Interest Income Recognized				Average Recorded Investment				Interest Income Recognized
		(In thousands)
With no related allowance recorded:
Mortgage loans:
Multi-family residential		$	3,957			$	76			$	3,260			$	80			$	4,762			$	96
Commercial real estate			4,334				176				6,187				300				4,753				169
One-to-four family mixed-use property			3,298				125				5,104				168				7,914				141
One-to-four family residential			7,603				33				9,865				108				10,233				82
Construction			183				10				596				22				285				7
Non-mortgage loans:
Small Business Administration			711				33				207				11				369				20
Taxi medallion			5,865				313				4,537				161				3,110				67
Commercial business and other			10,170				792				1,267				98				2,217				181
Total loans with no related allowance recorded			36,121				1,558				31,023				948				33,643				763
With an allowance recorded:
Mortgage loans:
Multi-family residential			1,741				96				2,348				136				2,279				116
Commercial real estate			-				-				2,026				95				2,145				100
One-to-four family mixed-use property			1,201				54				1,341				65				2,560				138
One-to-four family residential			405				16				420				16				410				15
Non-mortgage loans:
Small Business Administration			-				-				-				-				616				42
Taxi medallion			-				-				10,997				166				7,244				147
Commercial business and other			1,178				25				375				22				827				45
Total loans with an allowance recorded			4,525				191				17,507				500				16,081				603
Total Impaired Loans:
Total mortgage loans		$	22,722			$	586			$	31,147			$	990			$	35,341			$	864
Total non-mortgage loans		$	17,924			$	1,163			$	17,383			$	458			$	14,383			$	502

Financing Receivable Credit Quality Indicators [Table Text Block]

(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 loans			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

(In thousands)			Special Mention				Substandard				Doubtful				Loss				Total
Multi-family residential		$	6,389			$	4,793			$	-			$	-			$	11,182
Commercial real estate			2,020				8,871				-				-				10,891
One-to-four family - mixed-use property			2,835				3,691				-				-				6,526
One-to-four family - residential			2,076				9,115				-				-				11,191
Small Business Administration			548				108				-				-				656
Taxi medallion			-				6,834				-				-				6,834
Commercial business and other			14,859				545				-				-				15,404
Total loans		$	28,727			$	33,957			$	-			$	-			$	62,684

Nonperforming Financial Instruments [Member]

Notes Tables

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

		December 31, 2018								December 31, 2017
(Dollars in thousands)		Number of contracts				Recorded investment				Number of contracts				Recorded investment
Multi-family residential			1			$	388				1			$	383
Commercial business and other			1				1,397				-				-
Total TDR's that subsequently defaulted			2			$	1,785				1			$	383

Performing According to Restructured Terms [Member]

Notes Tables

Troubled Debt Restructurings on Financing Receivables [Table Text Block]

		December 31, 2018								December 31, 2017
(Dollars in thousands)		Number of contracts				Recorded investment				Number of contracts				Recorded investment
Multi-family residential			7			$	1,916				9			$	2,518
Commercial real estate			-				-				2				1,986
One-to-four family - mixed-use property			5				1,692				5				1,753
One-to-four family - residential			3				552				3				572
Taxi medallion			15				3,926				20				5,916
Commercial business and other			1				279				2				462
Total performing			31			$	8,365				41			$	13,207

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