Note 6: Loans and Allowance For Loan Losses: Allowance for Credit Losses on Financing Receivables (Tables)

9 Months Ended

Sep. 30, 2016

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, 2016. 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, 2016:

	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, 2016	$ 4,184	$ 3,698	$ 16,157	$ 3,013	$ 3,531	$ 7,550	$ 38,133
Provision (benefit) charged to expense	(738)	1,702	1,130	(1,238)	(425)	2,069	2,500
Losses charged off	(38)	—	(1,815)	(1)	(191)	(2,548)	(4,593)
Recoveries	23	15	17	80	33	794	962
Balance September 30, 2016	$ 3,431	$ 5,415	$ 15,489	$ 1,854	$ 2,948	$ 7,865	$ 37,002

Ending balance:

Balance January 1, 2016	$ 4,900	$ 3,190	$ 14,738	$ 3,019	$ 4,203	$ 8,099	$ 38,149
Provision (benefit) charged to expense	(1,387)	2,186	5,114	(1,252)	(1,093)	3,333	6,901
Losses charged off	(129)	—	(5,546)	(31)	(383)	(6,047)	(12,136)
Recoveries	47	39	1,183	118	221	2,480	4,088
Balance September 30, 2016	$ 3,431	$ 5,415	$ 15,489	$ 1,854	$ 2,948	$ 7,865	$ 37,002

Ending balance:
Individually evaluated for
impairment	$ 566	$ —	$ 2,280	$ 1,079	$ 1,046	$ 441	$ 5,412
Collectively evaluated for
impairment	$ 2,258	$ 5,317	$ 13,015	$ 731	$ 1,804	$ 7,254	$ 30,379
Loans acquired and
accounted for under ASC
310-30	$ 607	$ 98	$ 194	$ 44	$ 98	$ 170	$ 1,211

Loans
Individually evaluated for
impairment	$ 5,887	$ 3,977	$ 13,369	$ 9,051	$ 2,326	$ 2,900	$ 37,510
Collectively evaluated for
impairment	$ 390,401	$ 639,133	$ 1,159,153	$ 744,766	$ 370,258	$ 669,611	$ 3,973,322
Loans acquired and
accounted for under ASC
310-30	$ 166,733	$ 31,678	$ 57,240	$ 3,741	$ 7,706	$ 38,193	$ 305,291

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:

	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

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, 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
Individually evaluated for
impairment	$ 731	$ —	$ 2,556	$ 1,391	$ 1,115	$ 300	$ 6,093
Collectively evaluated for
impairment	$ 3,464	$ 3,122	$ 11,888	$ 1,570	$ 2,862	$ 7,647	$ 30,553
Loans acquired and
accounted for under ASC
310-30	$ 705	$ 68	$ 294	$ 58	$ 226	$ 152	$ 1,503

Loans
Individually evaluated for
impairment	$ 6,129	$ 9,533	$ 34,629	$ 7,555	$ 2,365	$ 1,950	$ 62,161
Collectively evaluated for
impairment	$ 316,052	$ 410,016	$ 1,008,845	$ 651,679	$ 392,577	$ 596,740	$ 3,375,909
Loans acquired and
accounted for under ASC
310-30	$ 194,697	$ 35,945	$ 73,148	$ 4,981	$ 10,500	$ 43,574	$ 362,845