Note 7: Loans and Allowance For Loan Losses: Allowance for Credit Losses on Financing Receivables (Tables)

3 Months Ended

Sep. 30, 2015

Allowance for Credit Losses on Financing Receivables

The following table presents the activity in the allowance for loan losses by portfolio segment for the three and nine months ended September 30, 2015. Also presented are the balance in the allowance for loan losses and the recorded investment in loans based on portfolio segment and impairment method as of September 30, 2015:

	One- to Four-
	Family
	Residential and	Other	Commercial	Commercial	Commercial
	Construction	Residential	Real Estate	Construction	Business	Consumer	Total
(In Thousands)
Allowance for loan losses
Balance July 1, 2015	$3,886	$3,342	$20,191	$3,288	$3,992	$4,999	$39,698
Provision (benefit) charged to expense	515	162	(284)	(158)	728	740	1,703
Losses charged off	—	—	(803)	(132)	(193)	(1,312)	(2,440)
Recoveries	36	12	32	81	45	711	917
Balance September 30, 2015	$4,437	$3,516	$19,136	$3,079	$4,572	$5,138	$39,878

Balance January 1, 2015	$3,455	$2,941	$19,773	$3,562	$3,679	$5,025	$38,435
Provision (benefit) charged to expense	961	546	(45)	(348)	1,618	1,571	4,303
Losses charged off	(66)	(2)	(807)	(329)	(968)	(3,394)	(5,566)
Recoveries	87	31	215	194	243	1,936	2,706
Balance September 30, 2015	$4,437	$3,516	$19,136	$3,079	$4,572	$5,138	$39,878

Ending balance:

Individually evaluated for
impairment	$763	$—	$3,340	$1,405	$473	$311	$6,292
Collectively evaluated for
impairment	$2,907	$3,497	$15,398	$1,491	$3,943	$4,509	$31,745
Loans acquired and
accounted for under ASC
310-30	$767	$19	$398	$183	$156	$318	$1,841


Loans
Individually evaluated for
impairment	$8,558	$9,567	$32,232	$7,416	$2,701	$2,016	$62,490
Collectively evaluated for
impairment	$324,750	$398,378	$1,009,413	$488,320	$446,798	$554,076	$3,221,735
Loans acquired and
accounted for under ASC
310-30	$199,047	$43,268	$81,832	$6,149	$11,617	$44,618	$386,531

The following table presents the activity in the allowance for loan losses by portfolio segment for the three and nine months ended September 30, 2014:

	One- to Four-
	Family
	Residential and	Other	Commercial	Commercial	Commercial
	Construction	Residential	Real Estate	Construction	Business	Consumer	Total
(In Thousands)
Allowance for loan losses
Balance July 1, 2014	$5,073	$1,723	$16,476	$8,249	$2,582	$3,979	$38,082
Provision (benefit) charged to expense	(1,647)	545	2,838	(2,499)	632	1,076	945
Losses charged off	(106)	—	(520)	(1)	(50)	(1,107)	(1,784)
Recoveries	120	14	170	24	—	510	838
Balance September 30, 2014	$3,440	$2,282	$18,964	$5,773	$3,164	$4,458	$38,081

Balance January 1, 2014	$6,235	$2,678	$16,939	$4,464	$6,451	$3,349	$40,116
Provision (benefit) charged to expense	(1,280)	(423)	2,704	1,263	(619)	2,454	4,099
Losses charged off	(1,803)	(2)	(1,239)	(131)	(2,737)	(2,891)	(8,803)
Recoveries	288	29	560	177	69	1,546	2,669
Balance September 30, 2014	$3,440	$2,282	$18,964	$5,773	$3,164	$4,458	$38,081

The following table presents the balance in the allowance for loan losses and the recorded investment in loans based on portfolio segment and impairment method as of December 31, 2014:

	One- to Four-
	Family
	Residential and	Other	Commercial	Commercial	Commercial
	Construction	Residential	Real Estate	Construction	Business	Consumer	Total
(In Thousands)
Allowance for loan losses
Individually evaluated for
impairment	$829	$—	$1,751	$1,507	$823	$232	$5,142
Collectively evaluated for
impairment	$2,532	$2,923	$16,671	$1,905	$2,805	$4,321	$31,157
Loans acquired and
accounted for under ASC
310-30	$94	$18	$1,351	$150	$51	$472	$2,136

Loans
Individually evaluated for
impairment	$11,488	$9,804	$28,641	$7,601	$2,725	$1,480	$61,739
Collectively evaluated for
impairment	$288,066	$382,610	$917,235	$437,424	$392,348	$466,174	$2,883,857
Loans acquired and
accounted for under ASC
310-30	$234,158	$48,470	$107,278	$1,937	$17,789	$48,903	$458,535