A reconciliation of the Company’s allowance for loan losses for the quarters ended September 30, 2011 and 2010 is summarized as follows:

 
         
(in thousands) 2011 2010
Balance at June 30, $ 27,764 $ 26,027
Provision 4,260 11,946
Charge offs:
One-to-four family (32 ) 0
Consumer (143 ) (406 )
Commercial business (2,167 ) (1,061 )
Commercial real estate (4,094 ) (3,045 )
Recoveries   102     29  
Balance at September 30, $ 25,690   $ 33,490  
 
General allowance $ 15,906 $ 16,292
Specific allowance   9,784     17,198  
$ 25,690   $ 33,490  
 

The following table summarizes the amounts and categories of non-performing assets in the Bank’s portfolio and loan delinquency information as of the two most recently completed quarters and December 31, 2010.
 
 
    September 30,  

  June 30,  
  December 31,
(Dollars in thousands)       2011       2011       2010
Non-Accruing Loans:
One-to-four family real estate $ 2,930 $ 2,039 $ 4,844
Commercial real estate 24,392 25,194 36,737
Consumer 460 555 224
Commercial business 11,076 15,298 26,269
Total 38,858 43,086 68,074
 
Foreclosed and Repossessed Assets:
One-to-four family real estate 1,003 2,468 972
Consumer 0 3 14
Commercial real estate 20,141 19,400 15,409
Total non-performing assets $ 60,002 $ 64,957 $ 84,469
Total as a percentage of total assets 7.33 % 8.05 % 9.59 %
Total non-performing loans $ 38,858 $ 43,086 $ 68,074
Total as a percentage of total loans receivable, net 6.57 % 7.16 % 10.25 %
Allowance for loan loss to non-performing loans 66.11 % 64.44 % 62.91 %
 
Delinquency Data:
Delinquencies (1)
30+ days $ 7,763 $ 8,861 $ 4,021
90+ days 823 0 754
Delinquencies as a percentage of
loan and lease portfolio (1)
30+ days 1.27 % 1.43 % 0.59 %
90+ days 0.13 % 0.00 % 0.11 %
   

(1) Excludes non-accrual loans.

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