HVBC 2016 Annual Report

HV Bancorp, Inc. and Subsidiary Notes to the Consolidated Financial Statements Years Ended June 30, 2017 and 2016 68 Allowance for Loan Losses 2016 (Dollars in thousands) Beginning Balance Charge- offs Recoveries (Credit) Provisions Ending Balance Ending Balance: Individually Evaluated for Impairment Ending Balance: Collectively Evaluated for Impairments Residential: One-to-four family $ 219 $ — $ — $ 95 $ 314 $ — $ 314 Home equity and HELOCs 19 — — (1) 18 — 18 Commercial: Commercial real estate 230 (34) — (65) 131 39 92 Commercial business 45 — — (22) 23 19 4 Construction — — — 1 1 — 1 Consumer: — (3) 1 2 — — — Unallocated reserve 1 — — (1) — — — $ 514 $ (37) $ 1 $ 9 $ 487 $ 58 $ 429 The following tables summarize information in regards to the recorded investment in loans receivable by loan class as of June 30, 2017 and 2016: 2017 Loan Receivable (Dollars in thousands) Ending Balance Ending Balance: Individually Evaluated for Impairment Ending Balance: Collectively Evaluated for Impairment Residential: One-to-four family $ 88,578 $ 1,198 $ 87,380 Home equity and HELOCs 5,466 196 5,270 Commercial: Commercial real estate 12,191 507 11,684 Commercial business 3,801 173 3,628 Construction 2,004 — 2,004 Consumer 5 — 5 112,045 $ 2,074 $ 109,971