Residential Mortgage Loans in Foreclosure. We may obtain physical possession of one- to four-family real estate collateralizing a residential mortgage loan via foreclosure or through an in-substance repossession. As of September 30, 2019, we held no single-family properties that were acquired through foreclosures on residential mortgage loans. As of that same date, we held 10 residential mortgage loans with aggregate carrying values totaling $2.1 million which were in the process of foreclosure.

As of June 30, 2019, we held no single-family properties that were acquired through foreclosures on residential mortgage loans. As of that same date, we held 11 residential mortgage loans with aggregate carrying values totaling $2.1 million which were in the process of foreclosure.

Loan Quality. The following tables present the balance of the allowance for loan losses at September 30, 2019 and June 30, 2019 based upon the calculation methodology as described in the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2019. The tables identify the valuation allowances attributable to specifically identified impairments on individually evaluated loans, including those acquired with deteriorated credit quality, as well as valuation allowances for impairments on loans evaluated collectively. The tables include the underlying balance of loans receivable applicable to each category as of those dates as well as the activity in the allowance for loan losses for the three months ended September 30, 2019 and September 30, 2018. Unless otherwise noted, the balance of loans reported in the tables below excludes yield adjustments and the allowance for loan loss.

Allowance for Loan Losses
At September 30, 2019

	Residential Mortgage		Multi-Family Mortgage		Non- Residential Mortgage		Construction		Commercial Business		Home Equity Loans		Other Consumer		Total
	(In Thousands)
Balance of allowance for loan losses:
Loans acquired with deteriorated credit quality	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Loans individually evaluated for impairment		34		-		-		-		8		-		-		42
Loans collectively evaluated for impairment		3,273		16,702		9,371		140		2,285		478		141		32,390

Total allowance for loan losses	$	3,307	$	16,702	$	9,371	$	140	$	2,293	$	478	$	141	$	32,432

Balance of Loans Receivable
At September 30, 2019

	Residential Mortgage		Multi-Family Mortgage		Non- Residential Mortgage		Construction		Commercial Business		Home Equity Loans		Other Consumer		Total
	(In Thousands)
Balance of loans receivable:

Loans acquired with deteriorated credit quality	$	82	$	-	$	-	$	-	$	235	$	-	$	-	$	317
Loans individually evaluated for impairment		11,119		3,061		8,750		-		3,083		1,476		-		27,489
Loans collectively evaluated for impairment		1,308,549		1,919,907		1,222,213		14,637		63,571		91,828		5,209		4,625,914

Total loans	$	1,319,750	$	1,922,968	$	1,230,963	$	14,637	$	66,889	$	93,304	$	5,209	$	4,653,720
Unaccreted yield adjustments																(48,982	)
Loans receivable, net of yield adjustments															$	4,604,738

Allowance for Loan Losses
At June 30, 2019

	Residential Mortgage		Multi-Family Mortgage		Non- Residential Mortgage		Construction		Commercial Business		Home Equity Loans		Other Consumer		Total
	(In Thousands)
Balance of allowance for loan losses:

Loans acquired with deteriorated credit quality	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-
Loans individually evaluated for impairment		31		-		-		-		-		-		-		31
Loans collectively evaluated for impairment		3,346		16,959		9,672		136		2,467		491		172		33,243

Total allowance for loan losses	$	3,377	$	16,959	$	9,672	$	136	$	2,467	$	491	$	172	$	33,274

Balance of Loans Receivable
At June 30, 2019

	Residential Mortgage		Multi-Family Mortgage		Non- Residential Mortgage		Construction		Commercial Business		Home Equity Loans		Other Consumer		Total
	(In Thousands)
Balance of loans receivable:

Loans acquired with deteriorated credit quality	$	84	$	-	$	-	$	-	$	242	$	-	$	-		326
Loans individually evaluated for impairment		12,545		70		8,900		-		1,213		1,531		-		24,259
Loans collectively evaluated for impairment		1,331,415		1,946,321		1,249,969		13,907		64,308		94,634		5,814		4,706,368

Total loans	$	1,344,044	$	1,946,391	$	1,258,869	$	13,907	$	65,763	$	96,165	$	5,814	$	4,730,953
Unaccreted yield adjustments																(52,025	)
Loans receivable, net of yield adjustments															$	4,678,928

Allowance for Loan Losses
Three Months Ended September 30, 2019

	Residential Mortgage			Multi-Family Mortgage			Non- Residential Mortgage			Construction		Commercial Business			Home Equity Loans			Other Consumer			Total
	(In Thousands)
Changes in the allowance for loan losses for the three months ended September 30, 2019:

At June 30, 2019:	$	3,377		$	16,959		$	9,672		$	136	$	2,467		$	491		$	172		$	33,274

Total charge offs		-			-			-			-		-			-			(64	)		(64	)
Total recoveries		-			-			-			-		-			-			4			4
Total provisions		(70	)		(257	)		(301	)		4		(174	)		(13	)		29			(782	)

Total allowance for loan losses	$	3,307		$	16,702		$	9,371		$	140	$	2,293		$	478		$	141		$	32,432

Allowance for Loan Losses
Three Months Ended September 30, 2018

	Residential Mortgage			Multi-Family Mortgage		Non- Residential Mortgage			Construction		Commercial Business			Home Equity Loans		Other Consumer			Total
	(In Thousands)
Changes in the allowance for loan losses for the three months ended September 30, 2018:

At June 30, 2018:	$	2,479		$	14,946	$	9,787		$	258	$	2,552		$	430	$	413		$	30,865

Total charge offs		(82	)		-		(54	)		-		(19	)		-		(107	)		(262	)
Total recoveries		-			-		1			-		-			-		27			28
Total provisions		197			1,371		211			35		270			4		12			2,100

Total allowance for loan losses	$	2,594		$	16,317	$	9,945		$	293	$	2,803		$	434	$	345		$	32,731

The following tables present key indicators of credit quality regarding the Company’s loan portfolio based upon loan classification and contractual payment status at September 30, 2019 and June 30, 2019 based upon the methodology for identifying and reporting such loans as described in the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2019.

Credit-Rating Classification of Loans Receivable
At September 30, 2019

	Residential Mortgage		Multi-Family Mortgage		Non- Residential Mortgage		Construction		Commercial Business		Home Equity Loans		Other Consumer		Total
	(In Thousands)
Non-classified	$	1,305,660	$	1,918,799	$	1,221,692	$	14,637	$	60,105	$	91,649	$	5,174	$	4,617,716
Classified:
Special Mention		509		1,108		-		-		2,896		166		16		4,695
Substandard		13,581		3,061		9,271		-		3,888		1,489		17		31,307
Doubtful		-		-		-		-		-		-		2		2
Loss		-		-		-		-		-		-		-		-
Total classified loans		14,090		4,169		9,271		-		6,784		1,655		35		36,004

Total loans	$	1,319,750	$	1,922,968	$	1,230,963	$	14,637	$	66,889	$	93,304	$	5,209	$	4,653,720

Credit-Rating Classification of Loans Receivable
At June 30, 2019

	Residential Mortgage		Multi-Family Mortgage		Non- Residential Mortgage		Construction		Commercial Business		Home Equity Loans		Other Consumer		Total
	(In Thousands)
Non-classified	$	1,328,811	$	1,945,205	$	1,249,438	$	13,907	$	59,768	$	94,544	$	5,776	$	4,697,449
Classified:
Special Mention		629		1,116		-		-		3,894		28		14		5,681
Substandard		14,604		70		9,431		-		2,101		1,593		23		27,822
Doubtful		-		-		-		-		-		-		1		1
Loss		-		-		-		-		-		-		-		-
Total classified loans		15,233		1,186		9,431		-		5,995		1,621		38		33,504

Total loans	$	1,344,044	$	1,946,391	$	1,258,869	$	13,907	$	65,763	$	96,165	$	5,814	$	4,730,953

Contractual Payment Status of Loans Receivable
At September 30, 2019

	Residential Mortgage		Multi-Family Mortgage		Non- Residential Mortgage		Construction		Commercial Business		Home Equity Loans		Other Consumer		Total
	(In Thousands)
Current	$	1,313,195	$	1,919,907	$	1,214,524	$	14,501	$	66,749	$	93,121	$	5,160	$	4,627,157
Past due:
30-59 days		2,721		3,061		14,462		-		49		-		19		20,312
60-89 days		470		-		-		136		68		-		15		689
90 days and over		3,364		-		1,977		-		23		183		15		5,562
Total past due		6,555		3,061		16,439		136		140		183		49		26,563

Total loans	$	1,319,750	$	1,922,968	$	1,230,963	$	14,637	$	66,889	$	93,304	$	5,209	$	4,653,720

Contractual Payment Status of Loans Receivable
At June 30, 2019

	Residential Mortgage		Multi-Family Mortgage		Non- Residential Mortgage		Construction		Commercial Business		Home Equity Loans		Other Consumer		Total
	(In Thousands)
Current	$	1,338,347	$	1,946,391	$	1,256,892	$	13,907	$	65,668	$	95,793	$	5,754	$	4,722,752
Past due:
30-59 days		1,680		-		-		-		95		197		25		1,997
60-89 days		473		-		-		-		-		36		13		522
90 days and over		3,544		-		1,977		-		-		139		22		5,682
Total past due		5,697		-		1,977		-		95		372		60		8,201

Total loans	$	1,344,044	$	1,946,391	$	1,258,869	$	13,907	$	65,763	$	96,165	$	5,814	$	4,730,953

The following tables present information relating to the Company’s nonperforming and impaired loans at September 30, 2019 and June 30, 2019 based upon the methodology for identifying and reporting such loans as described in the Company’s Annual Report on Form 10-K for the fiscal year ended June 30, 2019. Loans reported as 90 days and over past due accruing in the table immediately below are also reported in the preceding contractual payment status table under the heading 90 days and over past due.

Performance Status of Loans Receivable
At September 30, 2019

	Residential Mortgage		Multi-Family Mortgage		Non- Residential Mortgage		Construction		Commercial Business		Home Equity Loans		Other Consumer		Total
	(In Thousands)
Performing	$	1,311,214	$	1,919,907	$	1,222,213	$	14,637	$	66,327	$	92,447	$	5,194	$	4,631,939
Nonperforming:
90 days and over past due accruing		-		-		-		-		-		-		15		15
Nonaccrual		8,536		3,061		8,750		-		562		857		-		21,766
Total nonperforming		8,536		3,061		8,750		-		562		857		15		21,781

Total loans	$	1,319,750	$	1,922,968	$	1,230,963	$	14,637	$	66,889	$	93,304	$	5,209	$	4,653,720

Performance Status of Loans Receivable
At June 30, 2019

	Residential Mortgage		Multi-Family Mortgage		Non- Residential Mortgage		Construction		Commercial Business		Home Equity Loans		Other Consumer		Total
	(In Thousands)
Performing	$	1,334,101	$	1,946,321	$	1,249,969	$	13,907	$	65,294	$	95,299	$	5,792	$	4,710,683
Nonperforming:
90 days and over past due accruing		-		-		-		-		-		-		22		22
Nonaccrual		9,943		70		8,900		-		469		866		-		20,248
Total nonperforming		9,943		70		8,900		-		469		866		22		20,270

Total loans	$	1,344,044	$	1,946,391	$	1,258,869	$	13,907	$	65,763	$	96,165	$	5,814	$	4,730,953

Impairment Status of Loans Receivable
At September 30, 2019

	Residential Mortgage			Multi-Family Mortgage		Non- Residential Mortgage		Construction		Commercial Business			Home Equity Loans		Other Consumer		Total
	(In Thousands)
Carrying value of impaired loans:

Non-impaired loans	$	1,308,549		$	1,919,907	$	1,222,213	$	14,637	$	63,571		$	91,828	$	5,209	$	4,625,914
Impaired loans:
Impaired loans with no allowance for impairment		10,382			3,061		8,750		-		3,297			1,476		-		26,966
Impaired loans with allowance for impairment:					-
Recorded investment		819			-		-		-		21			-		-		840
Allowance for impairment		(34	)		-		-		-		(8	)		-		-		(42	)
Balance of impaired loans net of allowance for impairment		785			-		-		-		13			-		-		798
Total impaired loans, excluding allowance for impairment:		11,201			3,061		8,750		-		3,318			1,476		-		27,806

Total loans	$	1,319,750		$	1,922,968	$	1,230,963	$	14,637	$	66,889		$	93,304	$	5,209	$	4,653,720

Unpaid principal balance of impaired loans:
Total impaired loans	$	13,565		$	3,544	$	10,146	$	73	$	6,270		$	1,846	$	-	$	35,444

Impairment Status of Loans Receivable
At June 30, 2019

	Residential Mortgage			Multi-Family Mortgage		Non- Residential Mortgage		Construction		Commercial Business		Home Equity Loans		Other Consumer		Total
	(In Thousands)
Carrying value of impaired loans:

Non-impaired loans	$	1,331,415		$	1,946,321	$	1,249,969	$	13,907	$	64,308	$	94,634	$	5,814	$	4,706,368
Impaired loans:
Impaired loans with no allowance for impairment		12,266			70		8,900		-		1,455		1,531		-		24,222
Impaired loans with allowance for impairment:
Recorded investment		363			-		-		-		-		-		-		363
Allowance for impairment		(31	)		-		-		-		-		-		-		(31	)
Balance of impaired loans net of allowance for impairment		332			-		-		-		-		-		-		332
Total impaired loans, excluding allowance for impairment:		12,629			70		8,900		-		1,455		1,531		-		24,585

Total loans	$	1,344,044		$	1,946,391	$	1,258,869	$	13,907	$	65,763	$	96,165	$	5,814	$	4,730,953

Unpaid principal balance of impaired loans:
Total impaired loans	$	14,985		$	779	$	10,200	$	73	$	3,987	$	1,924	$	-	$	31,948

Impairment Status of Loans Receivable
Three Months Ended September 30, 2019 and 2018

	Residential Mortgage		Multi-Family Mortgage		Non- Residential Mortgage		Construction		Commercial Business		Home Equity Loans		Other Consumer		Total
	(In Thousands)
For the three months ended September 30, 2019:
Average balance of impaired loans	$	11,770	$	800	$	8,823	$	-	$	1,951	$	1,549	$	-	$	24,893
Interest earned on impaired loans	$	35	$	28	$	-	$	-	$	51	$	8	$	-	$	122

For the three months ended September 30, 2018:
Average balance of impaired loans	$	12,224	$	108	$	7,234	$	-	$	2,364	$	1,578	$	-	$	23,508
Interest earned on impaired loans	$	32	$	-	$	-	$	-	$	3	$	9	$	-	$	44

The following table presents information regarding the restructuring of the Company’s troubled debts during the three months ended September 30, 2019 and September 30, 2018, and any defaults during those periods of troubled debt restructurings (“TDRs”) that were restructured within 12 months of the date of default.

Troubled Debt Restructurings of Loans Receivable
Three Months Ended September 30, 2019

	Residential Mortgage		Multi-Family Mortgage		Non- Residential Mortgage		Construction		Commercial Business		Home Equity Loans		Other Consumer		Total
	(Dollars in Thousands)
Troubled debt restructuring activity for the three months ended September 30, 2019:

Number of loans		2		-		-		-		3		1		-		6
Pre-modification outstanding recorded investment	$	1,002	$	-	$	-	$	-	$	1,775	$	82	$	-	$	2,859
Post-modification outstanding recorded investment		938		-		-		-		1,829		81		-		2,848
Reserves included in and charge offs against the allowance for loan loss recognized at modification		-		-		-		-		8		-		-		8
		-
Troubled debt restructuring defaults for the three months ended September 30, 2019:

Number of loans		-		-		-		-		-		-		-		-
Outstanding recorded investment	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

Troubled Debt Restructurings of Loans Receivable
Three Months Ended September 30, 2018

	Residential Mortgage		Multi-Family Mortgage		Non- Residential Mortgage		Construction		Commercial Business		Home Equity Loans		Other Consumer		Total
	(Dollars in Thousands)
Troubled debt restructuring activity for the three months ended September 30, 2018:

Number of loans		1		-		1		-		5		-		-		7
Pre-modification outstanding recorded investment	$	271	$	-	$	2,957	$	-	$	1,450	$	-	$	-	$	4,678
Post-modification outstanding recorded investment		270		-		2,955		-		1,451		-		-		4,676
Reserves included in and charge offs against the allowance for loan loss recognized at modification		-		-		2		-		-		-		-		2

Troubled debt restructuring defaults for the three months ended September 30, 2018:

Number of loans		-		-		-		-		-		-		-		-
Outstanding recorded investment	$	-	$	-	$	-	$	-	$	-	$	-	$	-	$	-

The manner in which the terms of a loan are modified through a troubled debt restructuring generally includes one or more of the following changes to the loan’s repayment terms: