XML 148 R13.htm IDEA: XBRL DOCUMENT
v3.20.1

ALLOWANCE FOR LOAN LOSSES | 12 Months Ended
--- | ---
Dec. 31, 2019
ALLOWANCE FOR LOAN LOSSES. |
ALLOWANCE FOR LOAN LOSSES | 5. ALLOWANCE FOR LOAN LOSSES The allowance for loan losses is established and maintained through a provision for loan losses based on probable incurred losses in the Bank’s loan portfolio. Management evaluates the adequacy of the allowance quarterly. The allowance is comprised of both individual valuation allowances and loan pool valuation allowances. The following tables represent the balance in the allowance for loan losses and the recorded investment in loans by portfolio segment, as defined under FASB ASC 310‑10, and based on impairment method as of December 31, 2019 and 2018. The tables include loans acquired from CNB and FNBNY.
|  | December 31, 2019
|  |  |  |  |  |  |  | Residential |  | Commercial, |  | Real Estate |  |  |  |  |  |
|  | Commercial |  |  |  |  | Real Estate |  | Industrial and |  | Construction |  | Installment/ |  |  |
|  | Real Estate |  | Multi-family |  | Mortgage |  | Agricultural |  | and Land |  | Consumer |  |
(In thousands) |  | Mortgage Loans |  | Loans |  | Loans |  | Loans |  | Loans |  | Loans |  | Total
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  | $ | — |  | $ | — |  | $ | — |  | $ | 4,676 |  | $ | — |  | $ | — |  | $ | 4,676
Collectively evaluated for impairment |  |  | 12,150 |  |  | 4,829 |  |  | 1,882 |  |  | 7,907 |  |  | 1,066 |  |  | 276 |  |  | 28,110
Loans acquired with deteriorated credit quality |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | —
Total allowance for loan losses |  | $ | 12,150 |  | $ | 4,829 |  | $ | 1,882 |  | $ | 12,583 |  | $ | 1,066 |  | $ | 276 |  | $ | 32,786
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  | $ | 5,675 |  | $ | — |  | $ | 294 |  | $ | 21,014 |  | $ | — |  | $ | — |  | $ | 26,983
Collectively evaluated for impairment |  |  | 1,560,012 |  |  | 812,174 |  |  | 492,507 |  |  | 658,430 |  |  | 97,311 |  |  | 24,836 |  |  | 3,645,270
Loans acquired with deteriorated credit quality |  |  | — |  |  | — |  |  | 343 |  |  | — |  |  | — |  |  | — |  |  | 343
Total loans |  | $ | 1,565,687 |  | $ | 812,174 |  | $ | 493,144 |  | $ | 679,444 |  | $ | 97,311 |  | $ | 24,836 |  | $ | 3,672,596
|  | December 31, 2018
|  |  |  |  |  |  |  | Residential |  | Commercial, |  | Real Estate |  |  |  |  |  |
|  | Commercial |  |  |  |  | Real Estate |  | Industrial and |  | Construction |  | Installment/ |  |  |
|  | Real Estate |  | Multi-family |  | Mortgage |  | Agricultural |  | and Land |  | Consumer |  |  |
(In thousands) |  | Mortgage Loans |  | Loans |  | Loans |  | Loans |  | Loans |  | Loans |  | Total
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  | $ | — |  | $ | — |  | $ | — |  | $ | 189 |  | $ | — |  | $ | — |  | $ | 189
Collectively evaluated for impairment |  |  | 10,792 |  |  | 2,566 |  |  | 3,935 |  |  | 12,533 |  |  | 1,297 |  |  | 106 |  |  | 31,229
Loans acquired with deteriorated credit quality |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | —
Total allowance for loan losses |  | $ | 10,792 |  | $ | 2,566 |  | $ | 3,935 |  | $ | 12,722 |  | $ | 1,297 |  | $ | 106 |  | $ | 31,418
Loans: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Individually evaluated for impairment |  | $ | 3,084 |  | $ | — |  | $ | — |  | $ | 16,271 |  | $ | — |  | $ | — |  | $ | 19,355
Collectively evaluated for impairment |  |  | 1,370,472 |  |  | 585,827 |  |  | 519,455 |  |  | 629,229 |  |  | 123,393 |  |  | 20,509 |  |  | 3,248,885
Loans acquired with deteriorated credit quality |  |  | — |  |  | — |  |  | 308 |  |  | 224 |  |  | — |  |  | — |  |  | 532
Total loans |  | $ | 1,373,556 |  | $ | 585,827 |  | $ | 519,763 |  | $ | 645,724 |  | $ | 123,393 |  | $ | 20,509 |  | $ | 3,268,772
The recorded investment in loans excludes accrued interest receivable and loan origination fees, net due to immateriality. The increase in the specific reserve on impaired loans from December 31, 2018 to December 31, 2019 was primarily attributable to the restructuring of certain taxi medallion loans which had matured during 2019. All of the Bank’s taxi medallion loans have been restructured as of December 31, 2019, resulting in a shift in the reserves on the commercial and industrial loan portfolio from the general reserves to the specific reserves. The following tables represent the changes in the allowance for loan losses for the years ended December 31, 2019, 2018 and 2017, by portfolio segment, as defined under FASB ASC 310‑10. The portfolio segments represent the categories that the Bank uses to determine its allowance for loan losses.
|  | Year Ended December 31, 2019
|  |  |  |  |  |  | Residential |  | Commercial, |  | Real Estate |  |  |  |  |
|  | Commercial |  |  |  |  | Real Estate |  | Industrial and |  | Construction |  | Installment/ |  |  |
|  | Real Estate |  | Multi-family |  | Mortgage |  | Agricultural |  | and Land |  | Consumer |  |  |
(In thousands) |  | Mortgage Loans |  | Loans |  | Loans |  | Loans |  | Loans |  | Loans |  | Total
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 10,792 |  | $ | 2,566 |  | $ | 3,935 |  | $ | 12,722 |  | $ | 1,297 |  | $ | 106 |  | $ | 31,418
Charge-offs |  |  | (3,670) |  |  | — |  |  | — |  |  | (799) |  |  | — |  |  | (13) |  |  | (4,482)
Recoveries |  |  | 1 |  |  | — |  |  | 112 |  |  | 25 |  |  | — |  |  | 12 |  |  | 150
Provision (Credit) |  |  | 5,027 |  |  | 2,263 |  |  | (2,165) |  |  | 635 |  |  | (231) |  |  | 171 |  |  | 5,700
Ending balance |  | $ | 12,150 |  | $ | 4,829 |  | $ | 1,882 |  | $ | 12,583 |  | $ | 1,066 |  | $ | 276 |  | $ | 32,786
|  | Year Ended December 31, 2018
|  |  |  |  |  |  |  | Residential |  | Commercial, |  | Real Estate |  |  |  |  |  |
|  | Commercial |  |  |  |  | Real Estate |  | Industrial and |  | Construction |  | Installment/ |  |  |
|  | Real Estate |  | Multi-family |  | Mortgage |  | Agricultural |  | and Land |  | Consumer |  |  |
(In thousands) |  | Mortgage Loans |  | Loans |  | Loans |  | Loans |  | Loans |  | Loans |  | Total
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 11,048 |  | $ | 4,521 |  | $ | 2,438 |  | $ | 12,838 |  | $ | 740 |  | $ | 122 |  | $ | 31,707
Charge-offs |  |  | — |  |  | — |  |  | (24) |  |  | (2,806) |  |  | — |  |  | (11) |  |  | (2,841)
Recoveries |  |  | — |  |  | — |  |  | 3 |  |  | 747 |  |  | — |  |  | 2 |  |  | 752
(Credit) Provision |  |  | (256) |  |  | (1,955) |  |  | 1,518 |  |  | 1,943 |  |  | 557 |  |  | (7) |  |  | 1,800
Ending balance |  | $ | 10,792 |  | $ | 2,566 |  | $ | 3,935 |  | $ | 12,722 |  | $ | 1,297 |  | $ | 106 |  | $ | 31,418
|  | Year Ended December 31, 2017
|  |  |  |  |  |  |  | Residential |  | Commercial, |  | Real Estate |  |  |  |  |  |
|  | Commercial |  |  |  |  | Real Estate |  | Industrial and |  | Construction |  | Installment/ |  |  |
|  | Real Estate |  | Multi-family |  | Mortgage |  | Agricultural |  | and Land |  | Consumer |  |  |
(In thousands) |  | Mortgage Loans |  | Loans |  | Loans |  | Loans |  | Loans |  | Loans |  | Total
Allowance for loan losses: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Beginning balance |  | $ | 9,225 |  | $ | 6,264 |  | $ | 1,495 |  | $ | 7,837 |  | $ | 955 |  | $ | 128 |  | $ | 25,904
Charge-offs |  |  | — |  |  | — |  |  | — |  |  | (8,245) |  |  | — |  |  | (49) |  |  | (8,294)
Recoveries |  |  | — |  |  | — |  |  | 28 |  |  | 16 |  |  | — |  |  | 3 |  |  | 47
Provision (Credit) |  |  | 1,823 |  |  | (1,743) |  |  | 915 |  |  | 13,230 |  |  | (215) |  |  | 40 |  |  | 14,050
Ending balance |  | $ | 11,048 |  | $ | 4,521 |  | $ | 2,438 |  | $ | 12,838 |  | $ | 740 |  | $ | 122 |  | $ | 31,707

X
- References No definition available. + Details
Name: | bdge_AllowanceForLoanLossesDisclosureAbstract
Namespace Prefix: | bdge_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for allowance for credit losses. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 310 -URI http://asc.fasb.org/topic&trid=2196771 + Details
Name: | us-gaap_AllowanceForCreditLossesTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration