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LOANS (Tables) | 9 Months Ended
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Sep. 30, 2018
Receivables [Abstract] |
Schedule of composition of loans categorized by the type of loan | Loans outstanding, excluding those held for sale, by general ledger classification, as of September 30, 2018 and December 31, 2017, consisted of the following:
|  |  |  |  |  | % of |  |  |  |  |  |  | % of |
|  | September 30, |  |  | Totals |  |  | December 31, |  |  | Total |
(Dollars in thousands) |  | 2018 |  |  | Loans |  |  | 2017 |  |  | Loans |
Residential mortgage |  | $ | 562,620 |  |  |  | 14.81 | % |  | $ | 576,356 |  |  |  | 15.56 | %
Multifamily mortgage |  |  | 1,285,816 |  |  |  | 33.85 |  |  |  | 1,388,958 |  |  |  | 37.49 |
Commercial mortgage |  |  | 644,900 |  |  |  | 16.98 |  |  |  | 626,656 |  |  |  | 16.92 |
Commercial loans (including equipment financing) |  |  | 1,180,414 |  |  |  | 31.08 |  |  |  | 958,294 |  |  |  | 25.87 |
Home equity lines of credit |  |  | 59,930 |  |  |  | 1.58 |  |  |  | 67,497 |  |  |  | 1.82 |
Consumer loans, including fixed rate home equity loans |  |  | 64,478 |  |  |  | 1.69 |  |  |  | 86,277 |  |  |  | 2.33 |
Other loans |  |  | 432 |  |  |  | 0.01 |  |  |  | 402 |  |  |  | 0.01 |
Total loans |  | $ | 3,798,590 |  |  |  | 100.00 | % |  | $ | 3,704,440 |  |  |  | 100.00 | %
In determining an appropriate amount for the allowance, the Bank segments and evaluates the loan portfolio based on federal call report codes. The following portfolio classes have been identified as of September 30, 2018 and December 31, 2017:
|  |  |  |  |  | % of |  |  |  |  |  |  | % of |
|  | September 30, |  |  | Totals |  |  | December 31, |  |  | Total |
(Dollars in thousands) |  | 2018 |  |  | Loans |  |  | 2017 |  |  | Loans |
Primary residential mortgage |  | $ | 592,283 |  |  |  | 15.61 | % |  | $ | 605,569 |  |  |  | 16.35 | %
Home equity lines of credit |  |  | 59,929 |  |  |  | 1.58 |  |  |  | 67,497 |  |  |  | 1.82 |
Junior lien loan on residence |  |  | 7,531 |  |  |  | 0.20 |  |  |  | 7,073 |  |  |  | 0.19 |
Multifamily property |  |  | 1,285,816 |  |  |  | 33.88 |  |  |  | 1,388,958 |  |  |  | 37.51 |
Owner-occupied commercial real estate |  |  | 249,170 |  |  |  | 6.57 |  |  |  | 253,492 |  |  |  | 6.85 |
Investment commercial real estate |  |  | 901,820 |  |  |  | 23.76 |  |  |  | 874,098 |  |  |  | 23.61 |
Commercial and industrial |  |  | 479,763 |  |  |  | 12.64 |  |  |  | 316,294 |  |  |  | 8.54 |
Lease financing |  |  | 151,189 |  |  |  | 3.98 |  |  |  | 90,052 |  |  |  | 2.43 |
Farmland/agricultural production |  |  | 152 |  |  |  | — |  |  |  | 160 |  |  |  | 0.01 |
Commercial construction loans |  |  | 88 |  |  |  | — |  |  |  | 92 |  |  |  | 0.01 |
Consumer and other loans |  |  | 67,489 |  |  |  | 1.78 |  |  |  | 99,247 |  |  |  | 2.68 |
Total loans |  | $ | 3,795,230 |  |  |  | 100.00 | % |  | $ | 3,702,532 |  |  |  | 100.00 | %
Net deferred costs |  |  | 3,360 |  |  |  |  |  |  |  | 1,908 |  |  |  |  |
Total loans including net deferred costs |  | $ | 3,798,590 |  |  |  |  |  |  | $ | 3,704,440 |  |  |  |  |
Schedule of loan balances by portfolio segment, based on impairment method, and the corresponding balances in the allowance for loan losses | The following tables present the loan balances by portfolio class, based on impairment method, and the corresponding balances in the allowance for loan and lease losses (ALLL) as of September 30, 2018 and December 31, 2017:
|  | September 30, 2018 |
|  | Total |  |  | Ending ALLL |  |  | Total |  |  | Ending ALLL |  |  |  |  |  |  |  |  |
|  | Loans |  |  | Attributable |  |  | Loans |  |  | Attributable |  |  |  |  |  |  |  |  |
|  | Individually |  |  | To Loans |  |  | Collectively |  |  | To Loans |  |  |  |  |  |  |  |  |
|  | Evaluated |  |  | Individually |  |  | Evaluated |  |  | Collectively |  |  |  |  |  |  | Total |
|  | For |  |  | Evaluated for |  |  | For |  |  | Evaluated for |  |  | Total |  |  | Ending |
(Dollars in thousands) |  | Impairment |  |  | Impairment |  |  | Impairment |  |  | Impairment |  |  | Loans |  |  | ALL |
Primary residential mortgage |  | $ | 9,103 |  |  | $ | 358 |  |  | $ | 583,180 |  |  | $ | 3,774 |  |  | $ | 592,283 |  |  | $ | 4,132 |
Home equity lines of credit |  |  | 266 |  |  |  | — |  |  |  | 59,663 |  |  |  | 197 |  |  |  | 59,929 |  |  |  | 197 |
Junior lien loan on residence |  |  | 44 |  |  |  | — |  |  |  | 7,487 |  |  |  | 16 |  |  |  | 7,531 |  |  |  | 16 |
Multifamily property |  |  | 1,269 |  |  |  | 385 |  |  |  | 1,284,547 |  |  |  | 7,270 |  |  |  | 1,285,816 |  |  |  | 7,655 |
Owner-occupied commercial real estate |  |  | 1,934 |  |  |  | — |  |  |  | 247,236 |  |  |  | 2,387 |  |  |  | 249,170 |  |  |  | 2,387 |
Investment commercial real estate |  |  | 18,729 |  |  |  |  |  |  |  | 883,091 |  |  |  | 12,791 |  |  |  | 901,820 |  |  |  | 12,791 |
Commercial and industrial |  |  | — |  |  |  | — |  |  |  | 479,763 |  |  |  | 8,185 |  |  |  | 479,763 |  |  |  | 8,185 |
Lease financing |  |  | — |  |  |  | — |  |  |  | 151,189 |  |  |  | 1,549 |  |  |  | 151,189 |  |  |  | 1,549 |
Farmland/agricultural production |  |  | — |  |  |  | — |  |  |  | 152 |  |  |  | 2 |  |  |  | 152 |  |  |  | 2 |
Commercial construction loans |  |  | — |  |  |  | — |  |  |  | 88 |  |  |  | 1 |  |  |  | 88 |  |  |  | 1 |
Consumer and other loans |  |  | — |  |  |  | — |  |  |  | 67,489 |  |  |  | 378 |  |  |  | 67,489 |  |  |  | 378 |
Total ALLL |  | $ | 31,345 |  |  | $ | 743 |  |  | $ | 3,763,885 |  |  | $ | 36,550 |  |  | $ | 3,795,230 |  |  | $ | 37,293 |
|  | December 31, 2017 |
|  | Total |  |  | Ending ALLL |  |  | Total |  |  | Ending ALLL |  |  |  |  |  |  |  |  |
|  | Loans |  |  | Attributable |  |  | Loans |  |  | Attributable |  |  |  |  |  |  |  |  |
|  | Individually |  |  | To Loans |  |  | Collectively |  |  | To Loans |  |  |  |  |  |  |  |  |
|  | Evaluated |  |  | Individually |  |  | Evaluated |  |  | Collectively |  |  |  |  |  |  | Total |
|  | For |  |  | Evaluated for |  |  | For |  |  | Evaluated for |  |  | Total |  |  | Ending |
(In thousands) |  | Impairment |  |  | Impairment |  |  | Impairment |  |  | Impairment |  |  | Loans |  |  | ALLL |
Primary residential mortgage |  | $ | 9,802 |  |  | $ | 482 |  |  | $ | 595,767 |  |  | $ | 3,603 |  |  | $ | 605,569 |  |  | $ | 4,085 |
Home equity lines of credit |  |  | 27 |  |  |  | — |  |  |  | 67,470 |  |  |  | 221 |  |  |  | 67,497 |  |  |  | 221 |
Junior lien loan on residence |  |  | 52 |  |  |  | — |  |  |  | 7,021 |  |  |  | 12 |  |  |  | 7,073 |  |  |  | 12 |
Multifamily property |  |  | — |  |  |  | — |  |  |  | 1,388,958 |  |  |  | 10,007 |  |  |  | 1,388,958 |  |  |  | 10,007 |
Owner-occupied commercial real estate |  |  | 2,503 |  |  |  | — |  |  |  | 250,989 |  |  |  | 2,385 |  |  |  | 253,492 |  |  |  | 2,385 |
Investment commercial real estate |  |  | 10,681 |  |  |  | 40 |  |  |  | 863,417 |  |  |  | 11,893 |  |  |  | 874,098 |  |  |  | 11,933 |
Commercial and industrial |  |  | — |  |  |  | — |  |  |  | 316,294 |  |  |  | 6,563 |  |  |  | 316,294 |  |  |  | 6,563 |
Lease financing |  |  | — |  |  |  | — |  |  |  | 90,052 |  |  |  | 884 |  |  |  | 90,052 |  |  |  | 884 |
Farmland/agricultural production |  |  | — |  |  |  | — |  |  |  | 160 |  |  |  | — |  |  |  | 160 |  |  |  | - |
Commercial construction loans |  |  | — |  |  |  | — |  |  |  | 92 |  |  |  | 1 |  |  |  | 92 |  |  |  | 1 |
Consumer and other loans |  |  | — |  |  |  | — |  |  |  | 99,247 |  |  |  | 349 |  |  |  | 99,247 |  |  |  | 349 |
Total ALLL |  | $ | 23,065 |  |  | $ | 522 |  |  | $ | 3,679,467 |  |  | $ | 35,918 |  |  | $ | 3,702,532 |  |  | $ | 36,440 |
Schedule of loans individually evaluated for impairment | The following tables present loans individually evaluated for impairment by class of loans as of September 30, 2018 and December 31, 2017 (The average impaired loans on the following tables represent year to date impaired loans.):
|  | September 30, 2018 |
|  | Unpaid |  |  |  |  |  |  |  |  |  |  | Average |
|  | Principal |  |  | Recorded |  |  | Specific |  |  | Impaired |
(In thousands) |  | Balance |  |  | Investment |  |  | Reserves |  |  | Loans |
With no related allowance recorded: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Primary residential mortgage |  | $ | 9,287 |  |  | $ | 7,985 |  |  | $ | — |  |  | $ | 7,909 |
Owner-occupied commercial real estate |  |  | 2,768 |  |  |  | 1,934 |  |  |  | — |  |  |  | 2,102 |
Investment commercial real estate |  |  | 20,254 |  |  |  | 18,729 |  |  |  | — |  |  |  | 12,444 |
Home equity lines of credit |  |  | 268 |  |  |  | 266 |  |  |  | — |  |  |  | 79 |
Junior lien loan on residence |  |  | 106 |  |  |  | 44 |  |  |  | — |  |  |  | 47 |
Total loans with no related allowance |  | $ | 32,683 |  |  | $ | 28,958 |  |  | $ | — |  |  | $ | 22,581 |
With related allowance recorded: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Primary residential mortgage |  | $ | 1,139 |  |  | $ | 1,118 |  |  | $ | 358 |  |  | $ | 1,136 |
Multifamily property |  |  | 1,269 |  |  |  | 1,269 |  |  |  | 385 |  |  |  | 141 |
Total loans with related allowance |  | $ | 2,408 |  |  | $ | 2,387 |  |  | $ | 743 |  |  | $ | 1,277 |
Total loans individually evaluated for Impairment |  | $ | 35,091 |  |  | $ | 31,345 |  |  | $ | 743 |  |  | $ | 23,858 |
|  | December 31, 2017 |
|  | Unpaid |  |  |  |  |  |  |  |  |  |  | Average |
|  | Principal |  |  | Recorded |  |  | Specific |  |  | Impaired |
(In thousands) |  | Balance |  |  | Investment |  |  | Reserves |  |  | Loans |
With no related allowance recorded: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Primary residential mortgage |  | $ | 9,607 |  |  | $ | 8,388 |  |  | $ | — |  |  | $ | 10,847 |
Owner-occupied commercial real estate |  |  | 3,238 |  |  |  | 2,503 |  |  |  | — |  |  |  | 1,568 |
Investment commercial real estate |  |  | 9,564 |  |  |  | 9,500 |  |  |  | — |  |  |  | 9,971 |
Home equity lines of credit |  |  | 29 |  |  |  | 27 |  |  |  | — |  |  |  | 38 |
Junior lien loan on residence |  |  | 110 |  |  |  | 52 |  |  |  | — |  |  |  | 92 |
Total loans with no related allowance |  | $ | 22,548 |  |  | $ | 20,470 |  |  | $ | — |  |  | $ | 22,516 |
With related allowance recorded: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Primary residential mortgage |  | $ | 1,435 |  |  | $ | 1,414 |  |  | $ | 482 |  |  | $ | 1,399 |
Investment commercial real estate |  |  | 1,181 |  |  |  | 1,181 |  |  |  | 40 |  |  |  | 1,198 |
Total loans with related allowance |  | $ | 2,616 |  |  | $ | 2,595 |  |  | $ | 522 |  |  | $ | 2,597 |
Total loans individually evaluated for impairment |  | $ | 25,164 |  |  | $ | 23,065 |  |  | $ | 522 |  |  | $ | 25,113 |
Schedule of recorded investment in nonaccrual and loans past due over 90 days still on accrual | The following tables present the recorded investment in nonaccrual and loans past due over 90 days still on accrual by class of loans as of September 30, 2018 and December 31, 2017:
|  | September 30, 2018 |
|  |  |  |  |  | Loans Past Due |
|  |  |  |  |  | Over 90 Days |
|  |  |  |  |  | And Still |
(In thousands) |  | Nonaccrual |  |  | Accruing Interest |
Primary residential mortgage |  | $ | 5,045 |  |  | $ | — |
Home equity lines of credit |  |  | 246 |  |  |  | — |
Junior lien loan on residence |  |  | 44 |  |  |  | — |
Owner-occupied commercial real estate |  |  | 1,934 |  |  |  | — |
Investment commercial real estate |  |  | 3,453 |  |  |  | — |
Total |  | $ | 10,722 |  |  | $ | — |
|  | December 31, 2017 |
|  |  |  |  |  | Loans Past Due |
|  |  |  |  |  | Over 90 Days |
|  |  |  |  |  | And Still |
(In thousands) |  | Nonaccrual |  |  | Accruing Interest |
Primary residential mortgage |  | $ | 6,056 |  |  | $ | — |
Home equity lines of credit |  |  | 6 |  |  |  | — |
Junior lien loan on residence |  |  | 52 |  |  |  | — |
Owner-occupied commercial real estate |  |  | 2,503 |  |  |  | — |
Investment commercial real estate |  |  | 4,913 |  |  |  | — |
Total |  | $ | 13,530 |  |  | $ | — |
Schedule of aging of past due loans | The following tables present the aging of the recorded investment in past due loans as of September 30, 2018 and December 31, 2017 by class of loans, excluding nonaccrual loans:
|  | September 30, 2018 |
|  | 30-59 |  |  | 60-89 |  |  | Greater Than |  |  |  |  |
|  | Days |  |  | Days |  |  | 90 Days |  |  | Total |
(In thousands) |  | Past Due |  |  | Past Due |  |  | Past Due |  |  | Past Due |
Primary residential mortgage |  | $ | 1,492 |  |  | $ | 669 |  |  | $ | — |  |  | $ | 2,161 |
Commercial and industrial |  |  | 353 |  |  |  | — |  |  |  | — |  |  |  | 353 |
Consumer and other |  |  | 14 |  |  |  | — |  |  |  | — |  |  |  | 14 |
Total |  | $ | 1,859 |  |  | $ | 669 |  |  | $ | — |  |  | $ | 2,528 |
|  | December 31, 2017 |
|  | 30-59 |  |  | 60-89 |  |  | Greater Than |  |  |  |  |
|  | Days |  |  | Days |  |  | 90 Days |  |  | Total |
(In thousands) |  | Past Due |  |  | Past Due |  |  | Past Due |  |  | Past Due |
Primary residential mortgage |  | $ | 216 |  |  | $ | — |  |  | $ | — |  |  | $ | 216 |
Consumer and other loans |  |  | 30 |  |  |  | — |  |  |  | — |  |  |  | 30 |
Total |  | $ | 246 |  |  | $ | — |  |  | $ | — |  |  | $ | 246 |
Schedule of the risk category of loans by class of loans | As of September 30, 2018, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows:
|  |  |  |  |  | Special |  |  |  |  |  |  |  |  |
(In thousands) |  | Pass |  |  | Mention |  |  | Substandard |  |  | Doubtful |
Primary residential mortgage |  | $ | 582,172 |  |  | $ | 952 |  |  | $ | 9,159 |  |  | $ | — |
Home equity lines of credit |  |  | 59,663 |  |  |  | — |  |  |  | 266 |  |  |  | — |
Junior lien loan on residence |  |  | 7,487 |  |  |  | — |  |  |  | 44 |  |  |  | — |
Multifamily property |  |  | 1,275,518 |  |  |  | 6,444 |  |  |  | 3,854 |  |  |  | — |
Owner-occupied commercial real estate |  |  | 242,898 |  |  |  | 574 |  |  |  | 5,698 |  |  |  | — |
Investment commercial real estate |  |  | 851,037 |  |  |  | 19,051 |  |  |  | 28,279 |  |  |  | 3,453 |
Commercial and industrial |  |  | 471,323 |  |  |  | 7,046 |  |  |  | 1,394 |  |  |  | — |
Lease financing |  |  | 151,189 |  |  |  | — |  |  |  | — |  |  |  | — |
Farmland/agricultural production |  |  | 152 |  |  |  | — |  |  |  | — |  |  |  | — |
Commercial construction loans |  |  | — |  |  |  | 88 |  |  |  | — |  |  |  | — |
Consumer and other loans |  |  | 67,253 |  |  |  | — |  |  |  | 236 |  |  |  | — |
Total |  | $ | 3,708,692 |  |  | $ | 34,155 |  |  | $ | 48,930 |  |  | $ | 3,453 |
As of December 31, 2017, and based on the most recent analysis performed, the risk category of loans by class of loans is as follows:
|  |  |  |  |  | Special |  |  |  |  |  |  |  |  |
(In thousands) |  | Pass |  |  | Mention |  |  | Substandard |  |  | Doubtful |
Primary residential mortgage |  | $ | 594,846 |  |  | $ | 866 |  |  | $ | 9,857 |  |  | $ | — |
Home equity lines of credit |  |  | 67,470 |  |  |  | — |  |  |  | 27 |  |  |  | — |
Junior lien loan on residence |  |  | 7,021 |  |  |  | — |  |  |  | 52 |  |  |  | — |
Multifamily property |  |  | 1,371,825 |  |  |  | 16,755 |  |  |  | 378 |  |  |  | — |
Owner-occupied commercial real estate |  |  | 249,003 |  |  |  | 837 |  |  |  | 3,652 |  |  |  | — |
Investment commercial real estate |  |  | 827,558 |  |  |  | 23,377 |  |  |  | 23,163 |  |  |  | — |
Commercial and industrial |  |  | 306,341 |  |  |  | 7,488 |  |  |  | 2,465 |  |  |  | — |
Lease financing |  |  | 90,052 |  |  |  | — |  |  |  | — |  |  |  | — |
Farmland/agricultural production |  |  | 160 |  |  |  | — |  |  |  | — |  |  |  | — |
Commercial construction loans |  |  | — |  |  |  | 92 |  |  |  | — |  |  |  | — |
Consumer and other loans |  |  | 97,135 |  |  |  | — |  |  |  | 2,112 |  |  |  | — |
Total |  | $ | 3,611,411 |  |  | $ | 49,415 |  |  | $ | 41,706 |  |  | $ | — |
Schedule of Activity in Allowance for Loan and Lease Losses | The activity in the allowance for loan and lease losses for the three months ended September 30, 2018 is summarized below:
|  | July 1, |  |  |  |  |  |  |  |  |  |  |  |  |  |  | September 30, |
|  | 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2018 |
|  | Beginning |  |  |  |  |  |  |  |  |  |  | Provision |  |  | Ending |
(In thousands) |  | ALLL |  |  | Charge-offs |  |  | Recoveries |  |  | (Credit) |  |  | ALLL |
Primary residential mortgage |  | $ | 4,382 |  |  | $ | (10 | ) |  | $ | — |  |  | $ | (240 | ) |  | $ | 4,132 |
Home equity lines of credit |  |  | 190 |  |  |  | — |  |  |  | 3 |  |  |  | 4 |  |  |  | 197 |
Junior lien loan on residence |  |  | 17 |  |  |  | — |  |  |  | 6 |  |  |  | (7 | ) |  |  | 16 |
Multifamily property |  |  | 8,259 |  |  |  | — |  |  |  | — |  |  |  | (604 | ) |  |  | 7,655 |
Owner-occupied commercial real estate |  |  | 2,525 |  |  |  | — |  |  |  | — |  |  |  | (138 | ) |  |  | 2,387 |
Investment commercial real estate |  |  | 13,659 |  |  |  | (1,335 | ) |  |  | 4 |  |  |  | 463 |  |  |  | 12,791 |
Commercial and industrial |  |  | 7,356 |  |  |  | — |  |  |  | 85 |  |  |  | 744 |  |  |  | 8,185 |
Lease financing |  |  | 1,311 |  |  |  | — |  |  |  | — |  |  |  | 238 |  |  |  | 1,549 |
Farmland/agricultural production |  |  | 2 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2 |
Commercial construction loans |  |  | 1 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1 |
Consumer and other loans |  |  | 364 |  |  |  | (27 | ) |  |  | 1 |  |  |  | 40 |  |  |  | 378 |
Total ALLL |  | $ | 38,066 |  |  | $ | (1,372 | ) |  | $ | 99 |  |  | $ | 500 |  |  | $ | 37,293 |
The activity in the allowance for loan and lease losses for the three months ended September 30, 2017 is summarized below:
|  | July 1, |  |  |  |  |  |  |  |  |  |  |  |  |  |  | September 30, |
|  | 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2017 |
|  | Beginning |  |  |  |  |  |  |  |  |  |  | Provision |  |  | Ending |
(In thousands) |  | ALLL |  |  | Charge-offs |  |  | Recoveries |  |  | (Credit) |  |  | ALLL |
Primary residential mortgage |  | $ | 4,223 |  |  | $ | (261 | ) |  | $ | 59 |  |  | $ | 323 |  |  | $ | 4,344 |
Home equity lines of credit |  |  | 211 |  |  |  | — |  |  |  | 2 |  |  |  | 16 |  |  |  | 229 |
Junior lien loan on residence |  |  | 14 |  |  |  | — |  |  |  | 6 |  |  |  | (7 | ) |  |  | 13 |
Multifamily property |  |  | 11,606 |  |  |  | — |  |  |  | — |  |  |  | (360 | ) |  |  | 11,246 |
Owner-occupied commercial real estate |  |  | 2,147 |  |  |  | (30 | ) |  |  | — |  |  |  | 153 |  |  |  | 2,270 |
Investment commercial real estate |  |  | 11,727 |  |  |  | — |  |  |  | 1 |  |  |  | 229 |  |  |  | 11,957 |
Commercial and industrial |  |  | 5,333 |  |  |  | — |  |  |  | 9 |  |  |  | (107 | ) |  |  | 5,235 |
Lease financing |  |  | 178 |  |  |  | — |  |  |  | — |  |  |  | 97 |  |  |  | 275 |
Farmland/agricultural production |  |  | 2 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2 |
Commercial construction loans |  |  | 1 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1 |
Consumer and other loans |  |  | 309 |  |  |  | (24 | ) |  |  | 2 |  |  |  | 56 |  |  |  | 343 |
Total ALLL |  | $ | 35,751 |  |  | $ | (315 | ) |  | $ | 79 |  |  | $ | 400 |  |  | $ | 35,915 |
The activity in the allowance for loan and lease losses for the nine months ended September 30, 2018 is summarized below:
|  | January 1, |  |  |  |  |  |  |  |  |  |  |  |  |  |  | September 30, |
|  | 2018 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2018 |
|  | Beginning |  |  |  |  |  |  |  |  |  |  | Provision |  |  | Ending |
(In thousands) |  | ALLL |  |  | Charge-offs |  |  | Recoveries |  |  | (Credit) |  |  | ALLL |
Primary residential mortgage |  | $ | 4,085 |  |  | $ | (87 | ) |  | $ | 139 |  |  | $ | (5 | ) |  | $ | 4,132 |
Home equity lines of credit |  |  | 221 |  |  |  | — |  |  |  | 7 |  |  |  | (31 | ) |  |  | 197 |
Junior lien loan on residence |  |  | 12 |  |  |  | — |  |  |  | 61 |  |  |  | (57 | ) |  |  | 16 |
Multifamily property |  |  | 10,007 |  |  |  | — |  |  |  | — |  |  |  | (2,352 | ) |  |  | 7,655 |
Owner-occupied commercial real estate |  |  | 2,385 |  |  |  | (64 | ) |  |  | 66 |  |  |  | - |  |  |  | 2,387 |
Investment commercial real estate |  |  | 11,933 |  |  |  | (1,335 | ) |  |  | 4 |  |  |  | 2,189 |  |  |  | 12,791 |
Commercial and industrial |  |  | 6,563 |  |  |  | (46 | ) |  |  | 107 |  |  |  | 1,561 |  |  |  | 8,185 |
Lease financing |  |  | 884 |  |  |  | — |  |  |  | — |  |  |  | 665 |  |  |  | 1,549 |
Farmland/agricultural production |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2 |  |  |  | 2 |
Commercial construction loans |  |  | 1 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 1 |
Consumer and other loans |  |  | 349 |  |  |  | (52 | ) |  |  | 3 |  |  |  | 78 |  |  |  | 378 |
Total ALLL |  | $ | 36,440 |  |  | $ | (1,584 | ) |  | $ | 387 |  |  | $ | 2,050 |  |  | $ | 37,293 |
The activity in the allowance for loan and lease losses for the nine months ended September 30, 2017 is summarized below:
|  | January 1, |  |  |  |  |  |  |  |  |  |  |  |  |  |  | September 30, |
|  | 2017 |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2017 |
|  | Beginning |  |  |  |  |  |  |  |  |  |  | Provision |  |  | Ending |
(In thousands) |  | ALLL |  |  | Charge-offs |  |  | Recoveries |  |  | (Credit) |  |  | ALLL |
Primary residential mortgage |  | $ | 3,666 |  |  | $ | (591 | ) |  | $ | 128 |  |  | $ | 1,141 |  |  | $ | 4,344 |
Home equity lines of credit |  |  | 233 |  |  |  | (23 | ) |  |  | 61 |  |  |  | (42 | ) |  |  | 229 |
Junior lien loan on residence |  |  | 16 |  |  |  | (57 | ) |  |  | 19 |  |  |  | 35 |  |  |  | 13 |
Multifamily property |  |  | 11,192 |  |  |  | — |  |  |  | — |  |  |  | 54 |  |  |  | 11,246 |
Owner-occupied commercial real estate |  |  | 1,774 |  |  |  | (30 | ) |  |  | — |  |  |  | 526 |  |  |  | 2,270 |
Investment commercial real estate |  |  | 10,909 |  |  |  | — |  |  |  | 23 |  |  |  | 1,025 |  |  |  | 11,957 |
Commercial and industrial |  |  | 4,164 |  |  |  | (25 | ) |  |  | 61 |  |  |  | 1,035 |  |  |  | 5,235 |
Lease financing |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 275 |  |  |  | 275 |
Farmland/agricultural production |  |  | 2 |  |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 2 |
Commercial construction loans |  |  | 9 |  |  |  | — |  |  |  | — |  |  |  | (8 | ) |  |  | 1 |
Consumer and other loans |  |  | 243 |  |  |  | (62 | ) |  |  | 3 |  |  |  | 159 |  |  |  | 343 |
Total ALLL |  | $ | 32,208 |  |  | $ | (788 | ) |  | $ | 295 |  |  | $ | 4,200 |  |  | $ | 35,915 |
Schedule of loans modified as troubled debt restructurings | The following table presents loans by class modified as TDRs during the three-month period ended September 30, 2018:
|  |  |  |  |  | Pre-Modification |  |  | Post-Modification |
|  |  |  |  |  | Outstanding |  |  | Outstanding |
|  | Number of |  |  | Recorded |  |  | Recorded |
(Dollars in thousands) |  | Contracts |  |  | Investment |  |  | Investment |
Primary residential mortgage |  |  | 1 |  |  | $ | 766 |  |  | $ | 766 |
Total |  |  | 1 |  |  | $ | 766 |  |  | $ | 766 |
The following table presents loans by class modified as TDRs during the nine-month period ended September 30, 2018:
|  |  |  |  |  | Pre-Modification |  |  | Post-Modification |
|  |  |  |  |  | Outstanding |  |  | Outstanding |
|  | Number of |  |  | Recorded |  |  | Recorded |
(Dollars in thousands) |  | Contracts |  |  | Investment |  |  | Investment |
Primary residential mortgage |  |  | 1 |  |  | $ | 766 |  |  | $ | 766 |
Investment commercial real estate |  |  | 1 |  |  |  | 15,351 |  |  |  | 15,351 |
Total |  |  | 2 |  |  | $ | 16,117 |  |  | $ | 16,117 |
There were no loans modified as TDRs during the three-month period ended September 30, 2017. The following table presents loans by class modified as TDRs during the nine-month period ended September 30, 2017:
|  |  |  |  |  | Pre-Modification |  |  | Post-Modification |
|  |  |  |  |  | Outstanding |  |  | Outstanding |
|  | Number of |  |  | Recorded |  |  | Recorded |
(Dollars in thousands) |  | Contracts |  |  | Investment |  |  | Investment |
Primary residential mortgage |  |  | 5 |  |  | $ | 1,148 |  |  | $ | 1,148 |
Total |  |  | 5 |  |  | $ | 1,148 |  |  | $ | 1,148 |
The identification of the TDRs did not have a significant impact on the allowance for loan and lease losses.

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